CRESCENT BANKING CO
MASTER AGREEMENT, FANNIE MAE
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<TYPE>EX-10.24
<SEQUENCE>13
<FILENAME>dex1024.htm
<DESCRIPTION>MASTER AGREEMENT, FANNIE MAE
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<TITLE>Master Agreement, Fannie Mae</TITLE>
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  <p align=right><font size="2" face="Times New Roman"><b>Exhibit 10.24</b></font></p> <p align=right> <font size="2" face="Times New Roman"><b>CONFIDENTIAL</b></font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">This Master Agreement between Fannie Mae and <b>Crescent Bank and Trust Company</b> (&#147;Lender&#148;) governs the sale by Lender, and
the purchase by Fannie Mae, of eligible residential mortgage loans (the &#147;Mortgages&#148;). This Master Agreement includes all of the terms and conditions described in all of the exhibits, attachments, conversions, commitments and MBS Pool
Purchase Contracts (&#147;MBS Contracts&#148;) attached or entered into as a part of this Master Agreement. Additionally, the &#147;Master Agreement Terms and Conditions&#148; section of Fannie Mae&#146;s Selling Guide (the &#147;Selling
Guide&#148;), which is incorporated into this Agreement by this reference, outlines in more detail the general terms and conditions of the Master Agreement and MBS Contracts and contains a complete description of the terms &#147;Master
Conversions&#148; and &#147;MBS Pricing Confirmations,&#148; as well as other related terms and instructions. The execution of this Master Agreement requires compliance with all provisions and sections of this Master Agreement, including all Master
Conversions, MBS Contracts, cash commitments, exhibits and attachments to this Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">To sell Mortgages under this Master Agreement, Lender and Fannie Mae must also enter into one or
more Master Conversions. In addition, depending on whether Lender will be delivering Mortgages under one of Fannie Mae&#146;s cash purchase programs (Negotiated or Standard) or under Fannie Mae&#146;s MBS program, Lender and Fannie Mae will also
need to enter into the appropriate cash commitments or MBS Pricing Confirmations for MBS Contracts.</font></p> <p> <font size="2" face="Times New Roman">Lender and Fannie Mae acknowledge that the Estimated Dollar Amount (as set forth on Exhibit 1)
is an estimate by the parties, as of the date of execution hereof, of anticipated Mortgage deliveries and such amount may change over the term of this Master Agreement. Notwithstanding the fact that a Maximum Amount of Pool Purchase Transactions for
Delivery is set forth in each MBS Contract, the total amount to be sold shall be governed by the applicable Master Conversions. The sum of the actual Mandatory Delivery Amounts (whether one or more), as reflected in the Master Conversions, will
reflect the actual volume of Mortgage deliveries agreed to by the parties and will supersede any Estimated Dollar Amount set forth in Exhibit 1.</font></p> <p><font size="2" face="Times New Roman">For this Master Agreement to become effective,
Lender must execute and return to Fannie Mae a duplicate original within ten business days of Lender&#146;s receipt of this Master Agreement. Otherwise. Fannie Mae may, at its option, declare this Master Agreement null and void.</font></p> <p> <font
size="2" face="Times New Roman">Lender hereby confirms, by checking the appropriate section below, that:</font></p>
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<td width="2%" valign="top"> <p> <font size="2" face="Wingdings">o</font></p> </td>
<td width="97%" valign="top"> <p> <font size="2" face="Times New Roman">It is <u>not</u> a federally-insured institution or an affiliate or subsidiary of a federally-insured institution.</font></p> </td> </tr>
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<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="97%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="2%" valign="top"> <p> <font size="2" face="Wingdings">o</font></p> </td>
<td width="97%" valign="top"> <p> <font size="2" face="Times New Roman">It is a federally-insured institution or an affiliate or subsidiary of a federally-insured institution. If Lender has checked this section, then Lender agrees to the
representations and warranties described in the &#147;Master Agreement Terms and Conditions&#148; section of the Selling Guide.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>
MA - 1<br> Amendment 20</font></p>

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  <p> <font size="2" face="Times New Roman">Sincerely,</font></p>
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<td width="100%" colspan="4" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="28%" colspan="2" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="65%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="65%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>David A. Bowles</b></font></p> </td>
<td width="65%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Customer Account Manager</b></font></p> </td>
<td width="65%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p> <font size="2" face="Times New Roman">Agreed, acknowledged, and accepted.</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small> <small>AND</small> T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="28%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>12-11-02</b></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p> <font size="2" face="Times New Roman">Agreed, acknowledged, and accepted.</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> M<small>ORTGAGE</small> S<small>ERVICES</small></b></font></p> </td> </tr>
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<td width="100%" colspan="4" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="28%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>12-11-02</b></font></p> </td>
<td width="65%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width=205></td>
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<td width=474></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> MA - 2<br> Amendment 20</font></p>

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  <p align="center"> <font size="2" face="Times New Roman"><b>EXHIBIT 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>TO MASTER AGREEMENT MA02373.2</b></font></p>
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<td width="33%" valign="top"> <p> <font size="2" face="Times New Roman">Lender Name</font></p> </td>
<td width="66%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td> </tr>
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<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="66%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="33%" valign="top"> <p> <font size="2" face="Times New Roman">Lender Number</font></p> </td>
<td width="66%" valign="top"> <p> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
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<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="66%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="33%" valign="top"> <p> <font size="2" face="Times New Roman">Delivery Term:</font></p> </td>
<td width="66%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Second</b></font></p> </td> </tr>
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<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="66%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="33%" valign="top"> <p> <font size="2" face="Times New Roman">Effective Date of Delivery Term:</font></p> </td>
<td width="66%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003</b></font></p> </td> </tr>
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<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="66%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="33%" valign="top"> <p> <font size="2" face="Times New Roman">Expiration Date of Delivery Term:</font></p> </td>
<td width="66%" valign="top"> <p> <font size="2" face="Times New Roman"><b>June 30, 2003</b></font></p> </td> </tr>
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<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="66%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">Estimated Dollar Volume for Delivery Term:</font></p> </td>
<td width="66%" height=45 valign="top"> <p> <font size="2" face="Times New Roman"><b>$175,000,000.00<br> (eligible for delivery only upon incremental conversions to Mandatory Delivery Amounts under one or more Master Conversions)</b></font></p>
</td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> MA - 3<br> Amendment 20</font></p>

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  <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Master Conversion for Crescent Bank and Trust Company<br>
MA02373.2-01</b></font></p> <p> <font size="2" face="Times New Roman">Upon entering into this Master Conversion, Lender is obligated to sell to Fannie Mae, and Fannie Mae is obligated to buy from Lender, Mortgages in the aggregate unpaid principal
amount of the Mandatory Delivery Amount stated below under any of the following programs: Fannie Mae&#146;s MBS program, Negotiated Cash Transactions or Standard Cash Transactions. Mortgages must be sold during the period commencing with the
Effective Date set forth below and ending with the Expiration Date set forth below (the &#147;Conversion Period&#148;) and must meet all requirements set forth in the Master Agreement, as well as those set forth in the applicable MBS Contracts (as
described below). There must be a valid MBS Pricing Confirmation for each MBS Contract below prior to Lender&#146;s sale of any Mortgages under such MBS Contract.</font></p> <p> <font size="2" face="Times New Roman">Lender shall be deemed to have
accepted the terms of this Master Conversion and all applicable MBS Pricing Confirmations either (i) upon execution of the Master Agreement or Master Agreement amendment to which this Master Conversion is attached, or (ii) if this Master Conversion
is not attached to a Master Agreement amendment, then upon delivery of any Mortgages under the MBS Contracts during the current Conversion Period.</font></p>
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<td width="29%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement:</font></p> </td>
<td width="70%" valign="top"> <p> <font size="2" face="Times New Roman"><b>MA02373.2</b></font></p> </td> </tr>
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<td width="29%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="70%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="29%" valign="top"> <p><font size="2" face="Times New Roman">Mandatory Delivery Amount:</font></p> </td>
<td width="70%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$175,000,000.00, plus or minus 5%</b></font></p> </td> </tr>
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<td width="29%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="70%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="29%" valign="top"> <p> <font size="2" face="Times New Roman">Effective Date:</font></p> </td>
<td width="70%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003</b></font></p> </td> </tr>
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<td width="29%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="70%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="29%" valign="top"> <p> <font size="2" face="Times New Roman">Expiration Date:</font></p> </td>
<td width="70%" valign="top"> <p> <font size="2" face="Times New Roman"><b>June 30, 2003</b></font></p> </td> </tr>
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<td width="29%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="70%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="29%" valign="top"> <p> <font size="2" face="Times New Roman">MBS Contracts:</font></p> </td>
<td width="70%" valign="top"> <p> <font size="2" face="Times New Roman"><b>A06303, A06304, A06305, A06808, A06809, A06810, A06811</b></font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement
MA02373.2<br> MA - 4<br> Amendment 20</font></p>

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  <p> <font size="2" face="Times New Roman"><b>VARIANCES</b></font></p> <p> <font size="2" face="Times New Roman">This Variances Attachment is attached to and made a part of the Master Agreement. Under this Master
Agreement, Lender may sell Mortgages originated in accordance with the following variances. Unless otherwise specified, the following variances apply only to conventional, first lien Mortgages.</font></p>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to any Variances in this &#147;Variances&#148; section that incorporate a table to describe eligibility of Mortgages delivered under that Variance, the
following definitions and restrictions apply to all such Variances.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage products listed under &#147;Eligible Products/Programs&#148; are the only eligible mortgage products and/or programs. A reference to &#147;All Standard per Selling
Guide&#148; means only standard mortgage products (e.g., FRM, ARM, 7-year balloon), and does not include any specially negotiated products, community or affordable lending products, or products requiring special lender approval.</font></p> </td>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">The loan purpose(s) listed under &#147;Loan Purpose&#148; (Purchase Money Mortgage, Cashout Refinance, Limited Cashout Refinance) is/are the only eligible loan purpose for
Mortgages delivered under the Variance.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">The property type(s) and number of units listed under &#147;Dwelling Type&#148; (e.g. Detached, Condo, PUD) and &#147;Units&#148; (e.g. 1, 2, 3, 4) is/are the only eligible
property types and number of units for Mortgages delivered under the Variance.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">The occupancy status listed under &#147;Occupancy Status&#148; (e.g. Owner, 2nd Home, or Investor) is/are the only eligible occupancy status for Mortgages delivered under the
Variance. &#147;Owner&#148; means owner-occupied primary residence, &#147;2nd Home&#148; means second home, and &#147;Investor&#148; means an investment property.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">The LTV or CLTV listed in the &#147;LTV&#148; or &#147;CLTV&#148; column represent the maximum possible LTV or CLTV for the Mortgages delivered under the Variance. A lower
maximum LTV or CLTV may apply depending on the loan products (e.g. ARM or balloon), if &#147;All Standard per Selling Guide&#148; has been selected under &#147;Eligible Products/Programs.&#148;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">2.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">In the event that a Variance table references &#147;Coop&#148; as an eligible &#147;Dwelling Type,&#148; Lender must be approved for delivery of cooperative share
loans to Fannie Mae, per the Selling Guide.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Any special feature code designated for the Variance is in addition to any other special feature codes that may be required.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">If any column in the Variance table is blank, Lender must refer (a) first to the terms and conditions of that Variance, and (b) then to the Selling Guide or the
Guide to Underwriting with Desktop Underwriter&#174;, as applicable, both as amended from time to time.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR Preamble -
1</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>VARIANCES<br> TABLE OF CONTENTS</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="11%" valign="top"> <p> <font size="2" face="Times New Roman">VAR 1</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Bulk Alt A Product FRM</font></p> </td> </tr>
<tr>
<td width="11%" valign="top"> <p> <font size="2" face="Times New Roman">VAR 2</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Desktop Underwriter &#145;Expanded Approval with Timely Payment Rewards <sup>SM</sup>&#146; Initiative</font></p> </td> </tr>
<tr>
<td width="11%" valign="top"> <p><font size="2" face="Times New Roman">VAR 3</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Relocation Mortgages Guidelines/Trailing Secondary Wage Earner Income</font></p> </td> </tr>
<tr>
<td width="11%" valign="top"> <p> <font size="2" face="Times New Roman">VAR 4</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Other Automated Underwriting Systems</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR/TOC -
1</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman"><b>VAR 1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<a name="ex948_1">Bulk ALT A Product</a></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as:&#160; the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a verbal
Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so therefore no
debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform Residential Loan
Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application (Form 1003)
and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation
Alt A product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">3.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as described herein, shall be deemed to be a breach of
warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 1</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract A06302, A06743, and A06724 (fixed-rate Mortgages). FOR
CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance.&#160; With respect to each such delivery, a Bulk Mortgage
Delivery Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all
purposes.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b><u>Attachment 1</u></b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"><font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br> No Income - No Ratios/No Asset Verifications</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">No Income <br> No Ratios / No Asset Verification</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Program Type</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Product Type</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Amortization Terms</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Eligible Units</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">1 -2 unit properties</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Eligible Properties</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible.&#160; NO mobile homes or manufactured housing units. Also, no excess acreage - value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Geographic Limitations</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Occupancy Status</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Borrower Eligibility</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between jobs,
relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Appraisal</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Insurance</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Maximum LTVs and Credit Scores:</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;&nbsp;-&nbsp;Owner Occupied:</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;&nbsp;-&nbsp;2nd Homes</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65% with
a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Secondary Financing</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Credit Report</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Qualifying Debt Ratios:</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Reserves:</font></p> </td>
<td width="64%" valign="top"> <p><font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 -
3</font></p>

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<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Credit Criteria:</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;Trade Lines</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;Credit History</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;Credit Explanations</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Mortgage/Revolving/</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Installment</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Credit Report Letter of Explanation</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Sale Proceeds</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Down Payment:</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Seller contributions</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Gift Funds</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Verification of mortgage or rental history</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Salaried/Wage Earner Employment Verification</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Self-Employed Income/Employment Verification</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Self-employed Profit &amp; Loss/<BR>Balance Sheet</font></p> </td>
<td width="64%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Other Income: Retirement, SS, alimony, child support, etc.</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No Income<br> No Ratios / No Asset Verification</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Salary or hourly wage earnings and overtime and bonus income</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Commission income and independent contractor</font></p> </td>
<td width="64%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width=253></td>
<td width=1></td>
<td width=467></td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman"><b>VAR 2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<a name="ex948_2">Desktop Underwriter &#145;Expanded Approval with Timely Payment Rewards<sup>SM</sup>&#146; Initiative September 2002</a></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="100%" colspan="7" valign="top"> <p> <font size="2" face="Times New Roman">The following terms and conditions apply only to Mortgages originated and delivered to Fannie Mae pursuant to the Desktop Underwriter&#174; &#147;Expanded Approval
with Timely Payment Rewards<sup>SM</sup>&#148; Initiative (hereinafter referred to as &#147;the Initiative&#148;). Mortgages originated under the Initiative must have been submitted to the Expanded Approval version of Desktop Underwriter for
analysis.</font></p> </td> </tr>
<tr>
<td width="36%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="14%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="11%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="7" valign="top"> <p> <font size="2" face="Times New Roman">Lender may deliver Mortgages originated under the Initiative in accordance with the following:</font></p> </td> </tr>
<tr>
<td width="36%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="14%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="11%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>1.</b></font></p> </td>
<td width="95%" colspan="6" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligibility.</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><u>General.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">Each Mortgage must comply with the requirements of the &#147;Expanded Approval with Timely Payment Rewards Lender Guide&#148; (the &#147;EA Lender Guide&#148;), as
may be amended from time to time, as supplemented by the following specific provisions below. A breach of any of such eligibility criteria shall be deemed to be a breach of warranty by Lender, as provided in the Selling Guide. The EA Lender Guide
may be accessed through eFannieMae.com, under &#147;Mortgage Product Information.&#148;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><u>Recommendation Levels.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages receiving an &#147;EA-I/Eligible,&#148; &#147;EA-II/Eligible,&#148; or &#147;EA-III/Eligible&#148; recommendation in the Desktop Underwriter Underwriting
Findings Report are eligible for delivery in accordance with the terms hereof.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Any Mortgage receiving a recommendation of &#147;Refer W Caution/IV&#148; is ineligible for delivery to Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Generally, Mortgages that receive an &#147;EA/Ineligible&#148; recommendation are not deliverable to Fannie Mae. If any such Mortgage meets the requirements of an
applicable Product Variance or a Community Lending Product Variance as described in Paragraph 4(b) below, or a negotiated underwriting variance in the Master Agreement (&#147;Underwriting Variance&#148;) providing for specific eligibility
requirements, as described in Paragraph 4(a) below, then such Mortgages are only deliverable in accordance with the provisions of Paragraph 4 below.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><u>Product Eligibility.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See the EA Lender Guide for all product eligibility information.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><u>Definitions.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">As used herein, these terms have the following meanings:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">&#147;EA-I Mortgages&#148; means Mortgages receiving a recommendation of &#147;EA-I/Eligible&#148; or &#147;EA-I/Ineligible,&#148; only if an Underwriting Variance
per Paragraph 4(a) is applicable.</font></p> </td> </tr>
<tr >
<td width=36></td>
<td width=36></td>
<td width=36></td>
<td width=157></td>
<td width=106></td>
<td width=85></td>
<td width=265></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 2 - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;EA-II Mortgages&#148; means Mortgages receiving a recommendation of &#147;EA-II/Eligible&#148; or &#147;EA-II/Ineligible,&#148; only if an Underwriting Variance per
Paragraph 4(a) is applicable.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;EA-III Mortgages&#148; means Mortgages receiving a recommendation of &#147;EA-III/Eligible&#148; or &#147;EA-III/Ineligible,&#148; only if an Underwriting Variance per
Paragraph 4(a) is applicable.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>2.</b></font></Div> </td>
<td width="95%" colspan="3" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Limited Waiver of Warranties.</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p>&nbsp;</p> </td>
<td width="95%" colspan="3" rowspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages receiving the &#147;EA-I/Eligible,&#148; &#147;EA-II/Eligible,&#148; and &#147;EA-III/Eligible&#148; recommendation in the Desktop Underwriter
Underwriting Findings Report are eligible for the &#147;Limited Waiver of Representations and Warranties,&#148; as set forth in the Selling Guide, Part I, Chapter 2, Section 202.02, provided that each such Mortgage:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(a)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">is subject to all applicable requirements, restrictions, stipulations, and limitations specified in this Master Agreement, the applicable Pool Purchase Contract and
the Guide to Underwriting with Desktop Underwriter, as amended from time to time (the &#147;Desktop Underwriter Guide&#148;), as modified by this Agreement, which may include the purchase price or guaranty fee, any price adjustment, or similar
charge and the aggregate outstanding principal amount; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">(b)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">meets all applicable product eligibility requirements.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>3.</b></font></Div> </td>
<td width="95%" colspan="3" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Timely Payment Rewards Feature.</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Only fixed rate, fully amortizing, level payment EA-II Mortgages and EA-III Mortgages may be originated with the Timely Payment Rewards feature, which includes an
interest rate reduction provision, subject to the following:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(a)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Such Mortgages must be delivered to Fannie Mae for cash.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">(b)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The Mortgage must meet all applicable product eligibility requirements.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(c)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The Mortgage must be originated with the <i>Timely Payment Rewards Addendum to the Note</i> (Fannie Mae Form 1410) (the &#147;Addendum&#148;) and the <i>Timely
Payment Rewards Rider</i> to the Security Instrument (Fannie Mae Form 1412) (the &#147;Rider&#148;).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(d)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The mortgagor must meet the eligibility criteria set forth in the Addendum and the Rider. The Mortgage servicer will be responsible for complying with the provisions
of the EA Lender Guide relating to interest rate reduction, including evaluating the mortgagor&#146;s payment history on the second, third and/or fourth anniversary date of the scheduled due date of the first full installment payment due under the
Note (&#147;Anniversary Date&#148;) to determine if the mortgagor has met the eligibility criteria for the interest rate reduction.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>4.</b></font></Div> </td>
<td width="95%" colspan="3" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Mortgages with Product Variances or Underwriting Variances.</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">(a)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages that receive an &#147;EA/Ineligible&#148; recommendation that were originated with Underwriting Variances are only deliverable to Fannie Mae with Fannie
Mae&#146;s prior approval. Fannie Mae must approve combining the Underwriting Variance with the</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 2 - 2<br> Amendment
20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Initiative, even if the Underwriting Variance has been approved under this Master Agreement for non-Initiative mortgages. The specific reason(s) for ineligibility
must be permitted under the terms of the Underwriting Variance. With Fannie Mae&#146;s prior approval, Lender may deliver such Mortgages, provided that such Mortgages:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">are not eligible for the Limited Waiver of Warranties;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">must meet all of the terms of the Initiative specified herein and the terms applicable to the Underwriting Variance;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">must be identified with the applicable special feature code for the Initiative <i>in addition to</i> any special feature codes that may be applicable under the terms of the
Underwriting Variance; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">are subject to the applicable loan level price adjustments for the Initiative, <i>in addition to</i> any loan level price adjustments that may be applicable under the terms of
the Underwriting Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Certain Mortgages receiving any of the three levels of &#147;EA/Eligible&#148; recommendations or an &#147;EA/Ineligible&#148; recommendation in Desktop Underwriter
may also meet the requirements of a product, initiative or pilot that is available to Lender under the terms of this Master Agreement (a &#147;Product Variance&#148;). If the Product Variance is a Community Lending or affordable housing initiative
or pilot (a &#147;Community Lending Product Variance&#148;), then Lender may disregard the &#147;EA&#148; recommendation and underwrite such Mortgage outside of Desktop Underwriter in accordance with the provisions of the Community Lending Product
Variance, provided that such Mortgages:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">are not eligible for the Limited Waiver of Warranties;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">must meet all of the terms of the Community Lending Product Variance;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">must be identified only with the special feature codes applicable to the Community Lending Product Variance (the special feature codes applicable to the Initiative shall
<u>not</u> apply to such Mortgages); and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">are subject to the pricing and any loan level price adjustments applicable to the Community Lending Product Variance (the loan level price adjustments applicable to the
Initiative shall <u>not</u> apply to such Mortgages).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Mortgages receiving any of the three levels of &#147;EA/Eligible&#148; recommendations or an &#147;EA/Ineligible&#148; recommendation in Desktop Underwriter that meet
the requirements of a Product Variance that is available to Lender under the terms of this Master Agreement, but that is <u>not</u> a Community Lending Product Variance, may be delivered to Fannie Mae only with Fannie Mae&#146;s prior
approval.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Any variance for the waiver of any of Fannie Mae&#146;s standard loan level price adjustments shall <u>not</u> apply to Mortgages originated under the
Initiative.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 2 - 3<br> Amendment 20</font></p>

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<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>5.</b></font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Delivery and Pricing.</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><u>Loan Level Price Adjustments for MBS Delivery.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Each EA-I Mortgage or EA-II Mortgage delivered for MBS is subject to payment of the applicable base guaranty fee, as set forth in the applicable MBS pool purchase contract, in
addition to payment of the applicable Initiative loan level price adjustment as shown below, plus all other loan level price adjustments that may be applicable to such Mortgage. Additionally, Lender shall identify all EA-I Mortgages and EA-II
Mortgages at delivery with the applicable Special Feature Code as shown below.</font></p> </td> </tr> </table> <BR>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="70%">
<tr>
<td width="42%" valign="bottom"> <p> <font size="1" face="Times New Roman"><b>Risk Level</b></font></p> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="35%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Initiative Loan Level <br> Price Adjustment</b></font></p> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="19%" valign="top"> <p align="center"> <font size="1" face="Times New Roman"><b>Special Feature <br> Code</b></font></p> </td> </tr>
<tr>
<td width="42%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="35%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="19%" valign="top"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td width="42%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>EA-I Mortgages</b></font></Div> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="35%" valign="bottom" bgcolor="#cceeff"> <p align="center"> <font size="2" face="Times New Roman"><b>1.50% (for all Mortgages)</b></font></p> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="19%" valign="bottom" bgcolor="#cceeff"> <p align="center"> <font size="2" face="Times New Roman"><b>340</b></font></p> </td> </tr>
<tr>
<td width="42%" valign="top"> <p><font size="2" face="Times New Roman"><b>EA-II Mortgages <br> (without Timely <br> Payment Rewards only)</b></font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="35%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman"><b>2.75% (for all Mortgages)</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="19%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman"><b>341</b></font></p> </td> </tr> </table> <BR>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must set up a bank account from which Fannie Mae can draft loan level price adjustments in accordance with the requirements of the Selling Guide, as amended
from time to time.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Delivery of Mortgages under the Initiative shall be subject to all applicable loan level price adjustments as required by the Selling Guide and the Expanded Approval
Eligibility Matrix, in the Desktop Underwriter Guide, both as amended from time to time. In addition, Mortgages under the Initiative are subject to the payment of the general Desktop Underwriter usage fees outlined in the Desktop Underwriter
Seller/Servicer Software License and Subscription Agreement between Lender and Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Please note that any loan level price adjustment associated with the delivery and profile of Mortgages underwritten through Desktop Underwriter are subject to change
at any time during the term of this Master Agreement. These changes will be reflected in the Desktop Underwriter Guide or other written notice from Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages described in Paragraph 5(b)(ii) below are not eligible for delivery for MBS.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(b)</font></Div> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><u>Cash Execution</u>.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All EA-I Mortgages, EA-II Mortgages and EA-III Mortgages are eligible for delivery for cash.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The following Mortgages are eligible for delivery <u>only</u> for cash:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(A)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">all EA-II Mortgages that include the Timely Payment Rewards feature; and</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master
Agreement MA02373.2<br> VAR 2 - 4<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(B)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">all EA-III Mortgages, whether or not such Mortgages include the Timely Payment Rewards feature.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">In addition to the cash pricing described in subparagraph (iv) below, each Mortgage is subject to the payment of all other loan level price adjustments that may be
applicable to such Mortgage. Lender shall identify all Mortgages at delivery with the applicable Special Feature Code as shown below.</font></p> </td> </tr> </table> <BR>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="68%">
<tr>
<td width="59%" valign="bottom"> <p><font size="1" face="Times New Roman"><b>Risk Level</b></font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Special Feature Code <br> (for all Mortgages,<br> regardless of LTV)</b></font></p> </td> </tr>
<tr>
<td width="59%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td width="59%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman"><b>EA-I Mortgages</b></font></p> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman">340</font></p> </td> </tr>
<tr>
<td width="59%" valign="top"> <p><font size="2" face="Times New Roman"><b>EA-II Mortgages without Timely Payment Rewards</b></font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman">341</font></p> </td> </tr>
<tr>
<td width="59%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman"><b>EA-II Mortgages with Timely Payment Rewards</b></font></p> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman">459</font></p> </td> </tr>
<tr>
<td width="59%" valign="top"> <p><font size="2" face="Times New Roman"><b>EA-III Mortgages without Timely Payment Rewards</b></font></p> </td>
<td width="4%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman">342</font></p> </td> </tr>
<tr>
<td width="59%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman"><b>EA-III Mortgages with Timely Payment Rewards</b></font></p> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="36%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman">376</font></p> </td> </tr> </table> <BR>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">To obtain Fannie Mae cash pricing, Lender may go to eFanniemae.com and select &#147;eCommitting&#148; under the Lending and Servicing menu or call the Cash
Commitment Window for separate commitments at 1-800-752-1080 and select Option 5. At delivery Lender must advise the Cash Commitment Window:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(A)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">that the subject commitment is for the Initiative, and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(B)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">that the subject risk level is either I, II or III (indicate which one), and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(C)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">if applicable, that the Mortgage includes the Timely Payment Rewards rate reduction feature, and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(D)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">of the applicable Special Feature Code(s) and all applicable loan level price adjustments as required by the Selling Guide and the Expanded Approval Eligibility Matrix, in the
Desktop Underwriter Guide, both as amended from time to time; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(E)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">the applicable mortgage insurance level; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(F)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">of the mortgage term (10-year, 15-year, 20-year, or 30-year), and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(G)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">of the mortgage product (fixed-rate mortgage or the applicable ARM plan), and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(H)</font></p> </td>
<td width="80%" valign="top"> <p> <font size="2" face="Times New Roman">of the LTV of the Mortgage.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 2 - 5<br> Amendment
20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Delivery of Mortgages under the Initiative shall be subject to all applicable loan level price adjustments as required by the Selling Guide and the Expanded Approval
Eligibility Matrix, in the Desktop Underwriter Guide, both as amended from time to time. In addition, Mortgages under the Initiative are subject to the payment of the general Desktop Underwriter usage fees outlined in the Desktop Underwriter
Seller/Servicer Software License and Subscription Agreement between Lender and Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(vi)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Please note that the cash price and/or any other loan level price adjustment associated with the delivery and profile of Mortgages underwritten through Desktop
Underwriter are subject to change at any time during the term of this Master Agreement. These changes will be reflected in the Desktop Underwriter Guide or other written notice from Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>6.</b></font></Div> </td>
<td width="95%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>General.</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(a)</font></Div> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><u>Mortgage Insurance.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The terms and conditions on which Fannie Mae has agreed to acquire the Mortgages originated pursuant to the Initiative assume that additional mortgage insurance is
obtainable for the Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages have been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest,
criminal, or knowingly wrongful, that would (A) cause a mortgage insurer to decline to insure a Mortgage, or (B) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud,
misrepresentation, negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">A minimum of 35% mortgage insurance coverage is required for (A) all Mortgages with LTVs greater than 95%, and (B) all Mortgages with LTVs of 90.01-95% originated
using flexible sources of funds for the down payment.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages originated with mortgage insurance under the &#147;Reduced MI&#148; Coverage Option or the &#147;Lower-Cost MI&#148; Coverage Option (all as described in
the Selling Guide) are not eligible for delivery under the Initiative.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(b)</font></Div> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><u>Subordinate Financing.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="90%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">Mortgages may be subject to subordinate financing in accordance with the EA Lender Guide. Mortgages subject to subordinate financing are subject to any applicable
loan level price adjustments, in addition to any other loan level price adjustments that may apply.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(c)</font></Div> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><u>Loan Level Price Adjustments.</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="80%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">All loan level price adjustments referenced herein will be equal to the percentage amount specified multiplied by the issue date principal balance of the Mortgage,
in the case of Mortgages delivered for MBS and the delivery date principal balance, for mortgages delivered for cash.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 2 -
6<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman"><u>Refinances</u>.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">Mortgages delivered to Fannie Mae under the Initiative are not eligible for subsequent refinancing using any Fannie Mae Enhanced Streamlined Refinance process. In order for such
mortgages to be eligible for delivery to Fannie Mae, these cases must be submitted to Desktop Underwriter for credit risk analysis.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(e)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman"><u>Servicing</u>.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that Lender is not approved to service Mortgages originated pursuant to the Initiative and agrees to assign the servicing to an authorized servicer of
Expanded Approval with Timely Payment Rewards Mortgages at the time of delivery to Fannie Mae in accordance with the provisions of the &#147;EA Lender Guide,&#148; as amended from time to time.</font></p> </td> </tr> </table> <p align="center">
<font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 2 - 7<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman"><b>VAR3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<a name="ex948_3">Relocation Mortgage Guidelines/Trailing Secondary Wage Earner Income</a></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="20%" valign="bottom"> <p><font size="1" face="Times New Roman"><b>Eligible Products / <br> Programs</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="20%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Loan Purpose</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="17%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Dwelling <br> Type</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Units</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="14%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Occupancy <br> Status</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>LTV</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>CLTV</b></font></p> </td> </tr>
<tr>
<td width="20%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="20%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="17%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="14%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td width="20%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">FRM:</font></p> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="20%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">Purchase Money Mortgage</font></p> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="17%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">Detached Condo PUD</font></p> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="14%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">Owner</font></p> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">90</font></p> </td>
<td width="1%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">90</font></p> </td> </tr> </table> <BR>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td align="Left" width="25%" valign="top"> <p> <font size="1" face="Times New Roman"><b>Parameters</b></font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="72%" valign="top"> <p align="center"> <font size="1" face="Times New Roman"><b>Options/ Limitations</b></font></p> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="72%" valign="top"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman"><b>Minimum Credit Score</b></font></p> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="72%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">Standard per the Selling Guide and DU Guide to Underwriting</font></p> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top"> <p><font size="2" face="Times New Roman"><b>Loan Level Price Adjustment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="72%" valign="top"> <p> <font size="2" face="Times New Roman">N/A</font></p> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman"><b>Foreclosure Loss Risk</b></font></p> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="72%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">Fannie Mae</font></p> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Documentation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="72%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages must be originated using either full documentation for all information related to the borrowers&#146; employment, income, and source of funds or Fannie Mae&#146;s
TimeSaver alternative documentation program.</font></p> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman"><b>Delivery Limitations</b></font></p> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="72%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">50%</font></p> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Interest Rate Buydowns</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="72%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages subject to temporary buydowns are not permitted.</font></p> </td> </tr>
<tr>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="72%" valign="top" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">N/A</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms</b></font></p> <p> <font size="2"
face="Times New Roman">Under the following conditions, a percentage of the average income for the previous two years of a &#147;trailing secondary wage earner&#148; of a relocated employee (&#147;borrower&#148;) can be used for qualification
purposes (the &#147;borrower&#148; and &#147;trailing secondary wage earner&#148; may collectively be referred to as the &#147;borrowers&#148;.) A &#147;trailing secondary wage earner&#148; is defined as a relative or domestic partner of the primary
wage earner. A &#147;relative&#148; is defined as the primary wage earner&#146;s spouse, child, other dependent, or any other individual who is related by blood, marriage, adoption, or legal guardianship. &#147;Domestic partners&#148; are defined as
persons who share a committed relationship showing financial interdependence and joint responsibility for each other&#146;s common welfare, are not related by blood, reside in the same household, and intend to reside together
indefinitely.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="40%">
<tr>
<td width="47%" valign="bottom"> <p><font size="1" face="Times New Roman"><b>Percent of Income</b></font></p> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="47%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Maximum LTV</b></font></p> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="47%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <p align="right"> <font size="2" face="Times New Roman">75</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p align=right>&nbsp;</p> </td>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">80</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <p align="right"> <font size="2" face="Times New Roman">50</font></p> </td>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td width="1%" valign="bottom"> <p align=right>&nbsp;</p> </td>
<td width="47%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">90</font></p> </td>
<td width="3%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Conditions</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum allowable underwriting ratios are 28%/36%.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">The borrower must be relocating with the same employer or as a new hire with a company that provides relocation benefits, and must be eligible to receive such benefits. (The
Lender must retain (a) literature produced by the employer describing the employer&#146;s relocation program in detail and (b) evidence of the borrower&#146;s eligibility under the program in the individual Mortgage file.)</font></p> </td> </tr>
</table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 3 - 1</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">The &#147;trailing secondary wage earner&#148; must have been a salaried or commissioned employee who had been employed in the same occupation for the two years immediately
preceding the transfer, and must provide a written statement that he or she intends to obtain employment in the new location. Income from a &#147;trailing secondary wage earner&#148; who was self-employed may not be considered for qualifying
purposes.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">The borrowers must have cash reserves (after the purchase of the new home) equal to at least six months of payments for all housing costs and other obligations (including
installment and revolving debt). In determining these reserves, housing costs include not only the cost of housing in the new area, but also any payments that are being made on any unsold previous residence or investment properties (in instances
where such payments are not being paid by the employer of the borrower).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Lender must determine that the new location provides on-going opportunities for the &#147;trailing secondary wage earner&#148; to obtain employment in his or her current
occupation and must document the individual Mortgage file accordingly.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 3 - 2</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman"><b>VAR 4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<a name="ex948_4">Other Automated Underwriting Systems</a></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="100%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae recognizes that Lender may originate or purchase from third parties mortgages that have been submitted for evaluation to an automated underwriting system
(&#147;AUS&#148;) other than DU. Lender may deliver to Fannie Mae mortgages processed through a third-party system in accordance with the provisions of this Variance set forth below, provided that Lender acknowledges and agrees not to use these
provisions in any manner that would adversely select or harm Fannie Mae and:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">The mortgages meet Fannie Mae&#146;s eligibility requirements described in the Fannie Mae Selling Guide, as modified by the Master Agreement, this Variance or the DU Guide, as
any of the foregoing may be amended from time to time.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Such mortgages must receive a recommendation of &#147;standard accept&#148; (either full or streamlined documentation levels) or &#147;accept plus&#148; from the other
AUS.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">All data pertaining to the mortgage is complete and accurate, and all data on which the underwriting decision recommended by the other AUS was based remain unchanged as of the
closing date for such mortgage.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Such mortgages must be documented and closed in accordance with the requirements of the other AUS, except with respect to the appraisal requirements, as provided in (xiii)
below. Verification of all such data is provided with the delivered mortgage loan file and such verification complies with the requirements of the other AUS. Lender must take all appropriate action in response to the verification messages/approval
conditions that appear in the &#147;findings&#148; report that the other AUS produces with respect to the related mortgage loan application prior to the closing of the mortgage, with proper documentation in the loan file. Lender represents and
warrants that copies of all reports generated by the other system will be included in the loan file, and that Lender is not prohibited from providing such copies.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">With the exception of mortgages that are otherwise eligible for delivery under the Master Agreement or DU, mortgages receiving a recommendation of &#147;standard accept&#148;
(either full or streamlined documentation levels) or &#147;accept plus&#148; from the other AUS are not eligible for delivery under this Section if the recommendation (1) includes a requirement for additional fees, credit enhancements, or other
special conditions, except as otherwise expressly provided in (ix) below, or (2) the mortgage insurance coverage level obtained is lower than required per Fannie Mae&#146;s Selling Guide, even if a reduced level of coverage is permitted by the other
AUS recommendation.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(vi)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Lender and Fannie Mae must mutually agree upon any AUS employed by Lender prior to the delivery of such mortgages to Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(vii)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">For all mortgages, Lender must enter the borrower&#146;s representative FICO credit score into the appropriate data field when submitting the mortgage to Fannie Mae in
accordance with the Fannie Mae Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(viii)</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Except as otherwise provided herein, Lender makes all applicable selling representations and warranties as required by the Fannie Mae Selling Guide and the Mortgage Selling and
Servicing Contract by and between Lender and Fannie Mae.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 4 - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ix)</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The provisions of this Variance do not apply to any mortgage that is currently required by Fannie Mae to be submitted to DU for evaluation (&#147;DU-Only
Products&#148;) (e.g., Flexible Mortgages), and such mortgages must be processed through DU and receive an acceptable recommendation in order to be eligible for delivery to Fannie Mae, except as follows: if there is a mortgage product available in
the other AUS that is equivalent to a DU-Only Product (as determined by Fannie Mae), then such mortgage is eligible for delivery to Fannie Mae, subject at delivery to the (1) payment of all loan level price adjustments or special all-in yield
pricing applicable to the equivalent DU-Only Product, and (2) identification by any special feature code applicable to the equivalent DU-Only Product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(x)</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">At delivery, Lender must:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">identify all mortgages underwritten using an AUS other than DU in accordance with this Variance by inserting the following Special Feature Code(s) on the Loan Schedule or
Schedule of Mortgages, as applicable: (A) &#147;361&#148; for all mortgages, and (B) any other special feature code loan that would be required if the mortgage had been submitted to DU prior to delivery; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">pay all applicable loan level price adjustments required under Fannie Mae&#146;s eligibility criteria.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(xi)</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender shall continue to make all representations and warranties as if such underwriting documentation complied with the requirements described in the Fannie Mae
Selling Guide, as modified by the Master Agreement or this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(xii)</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae will analyze the credit risks associated with such mortgages and will provide Lender with the results of this analysis. Upon request, Lender will provide
to Fannie Mae any data or information relating to the mortgages delivered to Fannie Mae that were processed through the other AUS, and Lender represents and warrants that Lender is not prohibited from providing such data or information to Fannie
Mae. If Fannie Mae&#146;s analysis indicates that a significant number of such Mortgages contained a high risk of default, Lender and Fannie Mae will work together to identify and implement product or process changes to reduce the number of such
high risk mortgages expected to be delivered during the following quarter (or, in lieu of product or process changes, Lender and Fannie Mae may discuss prospective price adjustments to compensate Fannie Mae for the risks associated with such
mortgages). If Fannie Mae and Lender cannot agree on the appropriate actions to be taken during the following quarter to address high risk mortgages, then Fannie Mae reserves the right to discontinue accepting such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(xiii)</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all mortgages underwritten using the other AUS, the property value must be supported by a written appraisal, in spite of any specific finding by the
other AUS that the property appraisal may be waived or that a property inspection report may be obtained in lieu of an appraisal (i.e., Form 2075 or equivalent form in the other AUS are not acceptable). The appraisal must conform to one of the
following: (i) an interior and exterior appraisal using the Desktop Underwriter Quantitative Analysis Appraisal Report (Form 2055) or equivalent form in the other AUS; or (iii) a full appraisal performed in accordance with the Fannie Mae Selling
Guide.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 4 - 2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p><font size="2" face="Times New Roman"><b>SPECIAL REQUIREMENTS</b></font></p> <p> <font size="2" face="Times New Roman">This Special Requirements Attachment is attached to and made a part of the Master Agreement.
Under this Master Agreement, Lender may sell Mortgages originated in accordance with the following special requirements. Unless otherwise specified, the following special requirements apply only to conventional, first lien Mortgages.</font></p> <p>
<font size="2" face="Times New Roman"><b>TABLE OF CONTENTS</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="9%" valign="bottom"> <p> <font size="2" face="Times New Roman">Part A.</font></p> </td>
<td width="90%" valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#ex948_5">Radian Secondary Market Coverage Policy</a></font></p> </td> </tr>
<tr>
<td width="9%" valign="bottom"> <p> <font size="2" face="Times New Roman">Part B.</font></p> </td>
<td width="90%" valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#ex948_6">Cross Default Provision</a></font></p> </td> </tr>
<tr>
<td width="9%" valign="bottom"> <p> <font size="2" face="Times New Roman">Part C.</font></p> </td>
<td width="90%" valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#ex948_7">GEMICO Supplemental Primary Secondary Market Policy</a></font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>&#160;SREQ/TOC -1</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman"><b>Part A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<a name="ex948_5">Radian Secondary Market Coverage Policy.</a></b></font></p> <p> <font size="2" face="Times New Roman">Lender may deliver conventional Mortgages to Fannie Mae that are covered by a Radian Guaranty Insurance Corporation
(&#147;Radian&#148;) Secondary Market Coverage Policy (&#147;Secondary Market Policy&#148;). Mortgages delivered for coverage under this Policy are referred to as Secondary Market Coverage Mortgages (&#147;SMC Mortgages&#148;) and may be delivered
in accordance with the following:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Products:&#160; </b>Eligible SMC Mortgages must be originated pursuant to standard Fannie Mae guidelines, as may be amended by this Master Agreement, and
are described as follows:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible SMC Mortgages are limited to the following:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">fixed-rate, level-payment, fully amortizing mortgages;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">all adjustable rate mortgages originated under Fannie Mae&#146;s standard ARM plans;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">7- year balloon mortgages;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages with LTVs of 95.01-100% that are Fannie Mae products that Lender is approved to deliver under this Master Agreement and are approved for SMC;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Flexible Mortgages that receive an &#147;Eligible&#148; recommendation in Desktop Underwriter and are otherwise eligible for SMC; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(vi)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Relocation mortgages, credit union mortgages and such other mortgage products that may be specifically approved in writing by Radian and are eligible pursuant to standard Fannie
Mae guidelines, as may be amended by this Master Agreement.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The following Mortgages are ineligible for SMC:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages originated under Fannie Mae&#146;s Desktop Underwriter &#147;Expanded Approval with Timely Payment Rewards&#148; Initiative.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Any mortgage that receives an &#147;A Minus&#148; mortgage insurance premium rate from the mortgage insurer.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible LTV and Primary Mortgage Insurance Coverages: </b>&#160;All SMC Mortgages must have obtained a mortgage insurance premium rate from the mortgage
insurer&#146;s traditional (&#147;A&#148; paper) rate card, and meet the following requirements:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SMC Mortgages must have mortgage insurance coverage based on the loan-to-value ratio (&#147;LTV&#148;) of such Mortgage equal to the
<u>greater</u> of:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">the minimum level applicable to the Mortgage as required by Fannie Mae, taking into account any higher the mortgage insurance requirements applicable to any specific mortgage
products (e.g., Flexible Mortgages, etc.), which may be higher than for standard mortgage products, or</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2 <br> SREQ - Radian Secondary
Market Coverage Policy - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">the minimum applicable SMC eligibility level set forth in Paragraph 2(b) below.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(b)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Notwithstanding any Fannie Mae minimum mortgage insurance requirements to the contrary, Mortgages must have the following <u>minimum</u> mortgage insurance coverage
in order to be eligible for SMC:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">12% for 80.01 -85% LTVs;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">17% for 85.01-90% LTVs;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">25% for 90.01 -95% LTVs; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">30% for 95.01-100% LTVs (must be eligible Mortgages, per Paragraph 1(a) above -- refer to the specific product guidelines or terms and conditions for higher required MI coverage
that may be applicable.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Note:&#160; Any Mortgage originated with mortgage insurance coverage lower than the minimum coverage listed above in accordance with a Desktop Underwriter recommendation, either
with or without a loan level price adjustment, is ineligible for SMC.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(c)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Certain mortgages with terms of 20 years or less and LTVs of 80.01-90.00% that are originated with mortgage insurance coverages, per the Selling Guide, that are
lower than the required coverage levels described in Paragraphs 2(a) and (b) above are ineligible for delivery as SMC Mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Loan Level Price Adjustments:</b>&#160; For all SMC Mortgages, Lender must remit any appropriate loan-level price adjustments or, if applicable, under an
alternative all-in yield option (product-specific guaranty fee). Under the all-in yield option, the SMC execution improvement will be deducted from the product-specific guaranty fee.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">4.</font></Div> </td>
<td width="95%" colspan="3" valign="top"> <font size="2" face="Times New Roman"><b>Seasoning Requirements:</b>&#160; No SMC Mortgage may have been originated more than 12 months prior to delivery to Fannie Mae.</font></td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">5.</font></Div> </td>
<td width="95%" colspan="3" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Additional Requirements:</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(a)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All SMC Mortgages delivered to Fannie Mae must be covered by standard Radian primary mortgage insurance, which premiums must be paid in installments by the borrower
(i.e. it may not be a single premium payment or lender-paid).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(b)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">If Fannie Mae is unable to obtain coverage under a satisfactory Radian Secondary Market Policy, then Fannie Mae may discontinue purchasing SMC Mortgages under this
Master Agreement ten days after giving Lender notice.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(c)</font></Div> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that no SMC Mortgage it delivers pursuant to this Master Agreement at the time of acquisition by Fannie Mae is: (i) insured at rates
other than standard borrower-paid rates; (ii) included in a captive reinsurance arrangement with</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> SREQ - Radian Secondary Market
Coverage Policy - 2<br>&#160;Amendment 20</font></p>

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<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Radian, or covered by a GSE pool insurance policy issued by, Radian or some other Radian risk-sharing plan; (iii) insured under a Radian &#147;Life of Loan&#148;
policy; (iv) insured under any &#147;A Minus&#148; premium rate plan, or (v) a UCC financed (i.e., non-real-property) Manufactured Housing Loan.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Each SMC Mortgage delivered to Fannie Mae under this Master Agreement must be originated using the applicable Fannie Mae/Freddie Mac Uniform Security Instrument
(with effective date on or after 01/01).</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(e)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender will be permitted to deliver SMC Mortgages to Fannie Mae under this Master Agreement that are eligible for coverage under the Radian Secondary Market Policy
for the period commencing with Lender&#146;s first delivery of SMC Mortgages and ending on the expiration date of the Master Agreement. Notwithstanding the foregoing, Fannie Mae may cease purchasing such SMC Mortgages under this Master Agreement 60
days after giving Lender written notice of cessation.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(f)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that: (i) it has a currently existing standard primary mortgage insurance master policy with Radian and that it shall maintain such
policy with Radian as long as it continues to sell or service SMC Mortgages covered by the Radian Secondary Market Policy, or (ii) concurrent with the sale of SMC Mortgages to Fannie Mae, it will transfer servicing to a servicer that has a standard
primary mortgage insurance master policy with Radian and that has agreed with Fannie Mae to maintain such policy with Radian as long as it services SMC Mortgages covered by the Radian Secondary Market Policy.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(g)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to each SMC Mortgage, Lender must maintain in effect (subject to Fannie Mae&#146;s policies) the original certificate or electronic record evidencing
coverage under its Radian standard primary mortgage insurance master policy.&#160;&#160;&#160; Lender represents and warrants that any transfers of servicing of SMC Mortgages covered by this provision shall only be to a servicer that has an existing
standard primary mortgage insurance master policy with Radian and Lender shall notify the transferee that transferee will be obligated to Fannie Mae to maintain the original certificate number. Furthermore, Lender must comply with all of the
remittance and claim filing requirements related to the Radian standard primary mortgage insurance master policy.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">6.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Cash Delivery Procedures</b>:&#160; SMC Mortgages eligible for coverage under the Radian Secondary Market Policy must be delivered under branch number 23227-003-9
or 24837-002-5 which will identify the Mortgages as SMC Mortgages. The SMC Mortgages are being delivered to Fannie Mae on a negotiated basis and therefore should not be committed through Desktop Trader&#174;. Lender should use eCommitting to commit
SMC Mortgages for cash delivery, if available. If not, then Lender must call the Cash Commitment Window at 1-800-752-1080 to deliver such SMC Mortgages and press selection #5, Negotiated Pricing. Please notify the Commitment Analyst that Lender is
delivering SMC Mortgages covered by the Radian Secondary Market Coverage Policy.</font></p> </td> </tr>
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<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">SMC Mortgages described in this Part of the Special Requirements section that are delivered for MBS must be delivered under Pool Purchase Contract No(s). <b>A06743,
A06303, A06304, A06305, A06809, A06811, and A06901</b>.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> SREQ - Radian Secondary Market Coverage Policy - 3 <br> Amendment
20</font></p>

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<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgages Ineligible for Secondary Market Policy Coverage:</b>&#160; In the event a mortgage delivered as an SMC Mortgage is determined by Radian to be ineligible for Radian
Secondary Market Policy coverage, then Fannie Mae may require either that Lender immediately (i) repurchase such mortgage, or (ii) remit to Fannie Mae an amount equal to the present value of the difference between the base guaranty fee under the
applicable Pool Purchase Contract referenced above and the base guaranty fee which would have been applicable to the mortgage if delivered without coverage under the Radian Secondary Market Policy, multiplied by the issue date principal balance of
the mortgage.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2 <br> SREQ - Radian Secondary Market Coverage Policy - 4 <br> Amendment 20</font></p>

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  <p> <font size="2" face="Times New Roman"><b>Part B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<a name="ex948_6">Cross Default Provision</a></b></font></p> <p> <font size="2" face="Times New Roman">This Special Requirements provision sets out in more detail the specific requirements for Crescent Bank and Trust Company and Crescent Mortgage
Services (defined individually and jointly as &#147;Lender or Lenders&#148;). Fannie Mae and Crescent Bank and Trust Company and Crescent Mortgage Services acknowledge and agree that Crescent Bank and Trust Company and Crescent Mortgage Services may
deliver eligible Mortgages under this Master Agreement subject to the following additional provisions:</font></p>
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<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">For all provisions in this Master Agreement, all references to &#147;Lender&#148; shall be defined to include and refer to both Crescent Bank and Trust Company and Crescent
Mortgage Services, jointly and severally.</font></p> </td> </tr>
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<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">All eligible Mortgages which are sold and delivered to Fannie Mae by Crescent Bank and Trust Company and Crescent Mortgage Services shall be delivered under the respective
Seller/Servicer Numbers. For example, Crescent Bank and Trust Company shall deliver eligible Mortgages under its Seller/Servicer Number 23227-000-4 and Crescent Mortgage Services shall deliver eligible Mortgages under its Seller/Servicer Number
24837-000-9.</font></p> </td> </tr>
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<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Lenders acknowledge and agree that all of the eligible Mortgages delivered by either Lender shall not be co-mingled or pooled with each other. All pools delivered pursuant to
this Agreement must be Single Lender pools, as defined in the Selling Guide. The delivery of Mortgages from either Lender are subject to the same terms and conditions specified in this Agreement, including the same variances, if any, contained
herein.</font></p> </td> </tr>
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<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Each Lender shall be jointly and severally liable to Fannie Mae for all representations and warranties under this Agreement, their individual Fannie Mae Seller and Servicer
Contracts and the Fannie Mae Selling and Servicing Guides. The obligations of each Lender set forth herein and in the Selling and Servicing Guides shall apply with regard to those pool documentation packages and eligible Mortgages delivered by such
Lender, and either Lender shall be jointly and severally liable for the failure of the other Lender to meet is obligations as set forth herein and in the Guides, including, but not limited to the obligation of each Lender to deliver the mandatory
commitment amount.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> SREQ - Cross Default Provision - 1<br> Amendment 20</font></p>

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  <p> <font size="2" face="Times New Roman"><b>Part C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<a name="ex948_7">GEMICO Supplemental Primary Secondary Market Policy.</a></b></font></p> <p> <font size="2" face="Times New Roman">Lender may deliver conventional Mortgages to Fannie Mae that are covered by a GE Mortgage Insurance Corporation
(&#147;GEMICO&#148;) Supplemental Primary Secondary Market Policy (&#147;Secondary Market Policy&#148;). Mortgages delivered for coverage under this Policy are referred to as Secondary Market Coverage Mortgages (&#147;SMC Mortgages&#148;) and may be
delivered in accordance with the following:</font></p>
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<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Products</b>:&#160; Eligible SMC Mortgages must be originated pursuant to standard Fannie Mae guidelines, as may be amended by this Master Agreement, and
are described as follows:</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible SMC Mortgages are limited to the following:</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">fixed-rate level-payment, fully amortizing Mortgages;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">7-year balloon Mortgages;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">5/1 ARMs, 7/1 ARMs, and 10/1 ARMs (Fannie Mae&#146;s standard ARM plans); or</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages with LTVs of 95.01-100% that are Fannie Mae products that Lender is approved to deliver under this Master Agreement and are approved for SMC;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Flexible Mortgages that receive an &#147;Eligible&#148; recommendation in Desktop Underwriter and are otherwise eligible for SMC; and</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(vi)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">such other mortgage products that may be specifically approved in writing by GEMICO and are eligible pursuant to standard Fannie Mae guidelines, as may be amended by this Master
Agreement.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The following Mortgages are ineligible for SMC:</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages originated under Fannie Mae&#146;s Desktop Underwriter &#147;Expanded Approval with Timely Payment Rewards&#148; Initiative.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Any mortgage that receives an &#147;A Minus&#148; mortgage insurance premium rate from the mortgage insurer.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible LTV and Primary Mortgage Insurance Coverages:</b>&#160; All SMC Mortgages must have obtained a mortgage insurance premium rate from the mortgage
insurer&#146;s traditional (&#147;A&#148; paper) rate card, and meet the following requirements:</font></p> </td> </tr>
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<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SMC Mortgages must have mortgage insurance coverage based on the loan-to-value ratio (&#147;LTV&#148;) of such Mortgage equal to the
<u>greater</u> of: </font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">the minimum level applicable to the Mortgage as required by Fannie Mae, taking into account any higher mortgage insurance requirements applicable to any specific mortgage
products (e.g., Flexible Mortgages, etc.), which may be higher than for standard mortgage products; or</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">the minimum applicable SMC eligibility level set forth in Paragraph 2(b) below.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master
Agreement MA02373.2<br> SREQ - GEMICO Supplemental Primary Secondary Market Policy&nbsp;&nbsp;&nbsp;07/02 - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Notwithstanding any Fannie Mae minimum mortgage insurance requirements to the contrary, Mortgages must have the following <u>minimum</u> mortgage insurance coverage
in order to be eligible for SMC:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(i)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">12% for 80.01-85% LTVs;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(ii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">17% for 85.01-90% LTVs;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(iii)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">25% for 90.01-95% LTVs; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(iv)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">30% for 95.01-100% LTVs (must be eligible Mortgages, per Paragraph 1(a) above &#151; refer to the specific product guidelines or terms and conditions for any higher required MI
coverage that may be applicable.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(v)</font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman">Note: Any Mortgage originated with mortgage insurance coverage lower than the minimum coverage listed above in accordance with a Desktop Underwriter recommendation, either with
or without a loan level price adjustment, is ineligible for SMC.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Certain mortgages with terms of 20 years or less and LTVs of 80.01-90.00% that are originated with mortgage insurance coverages, per the Selling Guide, that are
lower than&#160; the required coverage levels described in Paragraphs 2(a) and (b) above are ineligible for delivery as SMC Mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">3.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Loan Level Price Adjustments: </b>&#160;For all SMC Mortgages, Lender must remit any appropriate loan-level price adjustments or, if applicable, under an
alternative all-in yield option (product-specific guaranty fee). Under the all-in yield option, the SMC execution improvement will be deducted from the product-specific guaranty fee.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seasoning Requirements:</b>&#160; No SMC Mortgage may have been originated more than 12 months prior to delivery to Fannie Mae nor have been originated prior to
September 1, 2001.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Requirements:</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All SMC Mortgages delivered to Fannie Mae must be covered by standard GEMICO primary mortgage insurance, which premiums must be paid in installments by the borrower
under a single-premium, annual premium, monthly premium or &#147;zero monthly&#148; payment plan. Premiums may not be lender-paid.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">If Fannie Mae is unable to obtain coverage under a satisfactory GEMICO Secondary Market Policy, then Fannie Mae may discontinue purchasing SMC Mortgages under this
Master Agreement ten days after giving Lender notice.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that no SMC Mortgage it delivers pursuant to this Master Agreement at the time of acquisition by Fannie Mae is:&#160; (i) included in
a captive reinsurance arrangement between Lender and GEMICO, or covered by a GSE pool insurance policy issued by GEMICO or some other GEMICO risk-sharing or profit sharing arrangement; (iii) insured under any GEMICO &#147;A Minus&#148; or &#147;Alt
A&#148; premium </font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> SREQ - GEMICO Supplemental Primary Secondary Market Policy&nbsp;&nbsp;&nbsp;07/02 - 2<br> Amendment
20</font></p>

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<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">rate plan, (iv) insured under any GEMICO policy with primary mortgage insurance premiums pursuant to affinity rates, credit union rates or relocation rates, or (v) insured with
GEMICO discounted mortgage insurance rates.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Each SMC Mortgage delivered to Fannie Mae under this Master Agreement must be originated using the applicable Fannie Mae/Freddie Mac Uniform Security Instrument (with effective
date on or after 01/01).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(e)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender will be permitted to deliver SMC Mortgages to Fannie Mae under this Master Agreement that are eligible for coverage under the GEMICO Secondary Market Policy for the
period commencing with Lender&#146;s first delivery of SMC Mortgages and ending on the expiration date of the Master Agreement. Notwithstanding the foregoing, Fannie Mae may cease purchasing such SMC Mortgages under this Master Agreement 60 days
after giving Lender written notice of cessation.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(f)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that: (i) it has a currently existing standard primary mortgage insurance master policy with GEMICO and that it shall maintain such policy with
GEMICO as long as it continues to sell or service SMC Mortgages covered by the GEMICO Secondary Market Policy, or (ii) concurrent with the sale of SMC Mortgages to Fannie Mae, it will transfer servicing to a servicer that has a standard primary
mortgage insurance master policy with GEMICO and that has agreed with Fannie Mae to maintain such policy with GEMICO as long as it services SMC Mortgages covered by the GEMICO Secondary Market Policy.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(g)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">With respect to each SMC Mortgage, Lender must maintain in effect (subject to Fannie Mae&#146;s policies) the original certificate or electronic record evidencing coverage under
its GEMICO standard primary mortgage insurance master policy.&#160; Lender represents and warrants that any transfers of servicing of SMC Mortgages covered by this provision shall only be to a servicer that has an existing standard primary mortgage
insurance master policy with GEMICO and Lender shall notify the transferee that transferee will be obligated to Fannie Mae to maintain the original certificate number. Furthermore, Lender must comply with all of the remittance and claim filing
requirements related to the GEMICO standard primary mortgage insurance master policy.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Cash Delivery Procedures:</b>&#160; SMC Mortgages eligible for coverage under the GEMICO Secondary Market Policy must be delivered under branch number 23227-003-9
or 24837-002-5 which will identify the Mortgages as SMC Mortgages. The SMC Mortgages are being delivered to Fannie Mae on a negotiated basis and therefore should not be committed through Desktop Trader&#174;.&#160; Lender should use eCommitting to
commit SMC Mortgages for cash delivery, if available.&#160; If not, then Lender must call the Cash Commitment Window at 1-800-752-1080 to deliver such SMC Mortgages and press selection #5, Negotiated Pricing. Please notify the Commitment Analyst
that Lender is delivering SMC Mortgages covered by the GEMICO Choice Coverage Secondary Market Policy.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">7.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">SMC Mortgages described in this Part of the Special Requirements section that are delivered for MBS must be delivered under Pool Purchase Contract No(s). <b>A06305,
A06809, and A06811.</b></font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2 <br> SREQ - GEMICO Supplemental Primary Secondary Market Policy &nbsp;&nbsp;&nbsp;07/02 - 3<br> Amendment
20</font></p>

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<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgages Ineligible for Secondary Market Policy Coverage:</b> In the event a mortgage delivered as an SMC Mortgage is determined by GEMICO to be ineligible for GEMICO
Secondary Market Policy coverage, then Fannie Mae may require either that Lender immediately (i) repurchase such mortgage, or (ii) remit to Fannie Mae an amount equal to the present value of the difference between the base guaranty fee under the
applicable Pool Purchase Contract referenced above and the base guaranty fee which would have been applicable to the mortgage if delivered without coverage under the GEMICO Secondary Market Policy, multiplied by the issue date principal balance of
the mortgage.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> SREQ - GEMICO Supplemental Primary Secondary Market Policy &nbsp;&nbsp;&nbsp;07/02 - 4<br> Amendment 20</font></p>

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  <p> <font size="2" face="Times New Roman"><b>FIXED-RATE PRODUCT ATTACHMENT</b></font></p> <p> <font size="2" face="Times New Roman">This Fixed-Rate Product Attachment for FHA/VA or conventional fixed-rate,
level-payment residential mortgage loans (&#147;Fixed-Rate Mortgages&#148;) is attached to and made a part of the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman"><u>Variances, Special Products, and Special Requirements
Applicable to Fixed-Rate Mortgages</u></font></p> <p> <font size="2" face="Times New Roman">Please refer to the attachments under the &#147;Variances&#148; tab, the &#147;Special Requirements&#148; tab, the &#147;Housing and Community
Development&#148; tab, and the &#147;HomeStyle&#148; tab, as applicable, for eligibility for variances, special products, and special requirements.</font></p> <p><font size="2" face="Times New Roman"><u>MBS Guaranty Fee and Buyup/Buydown
Information</u></font></p> <p> <font size="2" face="Times New Roman">The guaranty fee due to Fannie Mae for any Mortgage sold under any MBS Contract shall be at the annual rate specified in the applicable MBS Contract, payable monthly, after giving
effect to any reduction of the guaranty fee through use of the MBS Express remittance cycle, if applicable. In addition, the guaranty fee will be set before giving effect to (i) any reduction of the guaranty fee through use of the rapid payment
method of remittances, if applicable, and (ii) any increases or decreases of the guaranty fee relating to any buyups or buydowns of such fee, if applicable.</font></p> <p> <font size="2" face="Times New Roman">Lender must choose the applicable
Buyup/Buydown Grid posting, &#147;Early&#148; or &#147;Late,&#148; by contacting its customer account team in its lead regional office, prior to the &#147;Early&#148; grid posting. If Lender fails to notify its lead regional office of its grid
selection before the &#147;Early&#148; grid is posted, Fannie Mae will assume that Lender has selected the &#147;Early&#148; posting grid. Lender&#146;s grid selection will apply to all MBS pools that it sells under the same MBS Contract. Ratios for
products or note rates that are not included in the regular posting may be negotiated through Lender&#146;s lead regional office.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2 <br> FRM - 1</font></p>

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  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06303.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT <br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="10%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company <br> Crescent Mortgage Services</b></font></p> </td>
<td width="55%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4<br> 23227-003-9<br> 24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- 15- 20- 25- and 30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$2,500,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 &#150; March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>460 - MyCommunityMortgage, 481 - MCM Teacher Suite Product, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p>
</td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein. <br> Pool contract price adjustment is waived. <br> Radian Secondary Market Coverage
required. <br> MyCommunityMortgage: Community 97.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06303.2<br> FRM - 1 <br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06303.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10-, 15-, 20-, 25- and 30-year fixed rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">* If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee is subject to
change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing Confirmation,
then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing Confirmation
will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract
No. A06303.2<br> FRM - 2 <br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06304.2</b></font></p> <p align="center"><font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT <br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="10%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company <br> Crescent Mortgage Services</b></font></p> </td>
<td width="55%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4<br> 23227-003-9<br>&#160;24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$2,500,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 &#150; March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>480 - MCM Community100 Plus, 481 - MCM Teacher Suite Product, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p>
</td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> 30-year Fixed-Rate Mortgages for
MyCommunityMortgage:&#160; Community 100 Plus and Community<br> Solutions 100 with Radian Secondary Market Coverage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06304.2<br> FRM - 1 <br> Amendment
20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06304.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p><font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>25.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">* If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion.&#160; The Guaranty Fee is subject
to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing Confirmation,
then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing Confirmation
will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract
No. A06304.2<br> FRM - 2 <br> Amendment 20</font></p> <p align="center"> <font size="2" face="Times New Roman">&nbsp;</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06305.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="41%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company<br> Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4<br> 23227-003-9<br></b><b>24837-002-5<br><br></b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$2,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 &#150; March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>361 - 3rd Autom U-Writng SYS, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font
size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> 20-year Fixed-Rate Mortgages &gt;80% LTV with Radian and GEMICO
Secondary Market Coverage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06305.2<br> FRM - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right><font size="2" face="Times New Roman"><b>Contract No. A06305.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust Company<br>
MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master Conversion
governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>14.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool
Purchase Contract No. A06305.2<br> FRM - 2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06808.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="41%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company<br> Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4<br> 23227-003-9<br> 24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-, 25-, and 30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$25,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 &#150; March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>340 - Level I Expanded Approval, 341 - Level II Expanded Approva, 342 - Level III Expanded Approv, 361 - 3rd Autom U-Writng SYS 376 - Level III TPR, 459 - Level II Timely
Payment R, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s)
attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br>20-, 25-, and 30-year Fixed Rate Mortgages with LTVs &lt;= 80%.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No.
A06808.2<br> FRM - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06808.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-,&nbsp;25-&nbsp;and&nbsp;30-year&nbsp;fixed-rate&nbsp;level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>15.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p><font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool
Purchase Contract No. A06808.2<br> FRM - 2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06809.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company<br> Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4<br> 23227-003-9<br> 24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-, 25- and 30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$10,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 &#150; March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard </b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>361 - 3rd Autom U-Writng SYS, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font
size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> 20-, 25-, and 30-year Fixed Rate Mortgages with LTVs &gt; 80% with
Radian and GEMICO Secondary Marketing Coverage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06809.2<br> FRM - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06809.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-,&nbsp;25-&nbsp;and&nbsp;30-year&nbsp;fixed-rate&nbsp;level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10.50 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool
Purchase Contract No. A06809.2<br> FRM - 2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06810.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="41%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company<br> Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4<br> 23227-003-9<br> 24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$25,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 &#150; March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>340 - Level I Expanded Approval, 341 - Level II Expanded Approva, 342 - Level III Expanded Approv, 361 - 3rd Autom U-Writng SYS, 376 - Level III TPR, 459 - Level II Timely
Payment R, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s)
attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> 10- and 15-Year Fixed Rate Mortgages with LTVs &lt;= 80%.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No.
A06810.2<br> FRM - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06810.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br></b><b>MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current
Master Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>13.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool
Purchase Contract No. A06810.2<br> FRM - 2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06811.2</b></font></p> <p align="center"><font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="41%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company<br> Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4<br> 23227-003-9<br> 24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$10,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 &#150; March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>361 - 3rd Autom U-Writng SYS, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font
size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br>Pool contract price adjustment is waived.<br> 10- and 15-Year Fixed Rate Mortgages with LTVs &gt; 80% with Radian
and GEMICO Secondary Marketing Coverage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06811.2<br> FRM - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06811.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p><font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="47%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="47%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman"><b>13.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="47%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool
Purchase Contract No. A06811.2<br> FRM - 2<br>Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>August 2002</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Housing and Community Development<br> Index</b></font></p> <p> <font
size="2" face="Times New Roman">These Housing and Community Development Terms and Conditions(s) are attached to and made a part of the Master Agreement (the &#147;Agreement&#148;). The Lender and Fannie Mae agree that, except as provided below, all
other requirements of the Fannie Mae Selling and Servicing Guides shall be followed. Any provision specified below may be amended by Fannie Mae&#146;s issuance to Lender of an &#147;Announcement of Approval.&#148; Capitalized terms used but not
defined herein shall have the meanings set forth in the Agreement.</font></p> <p> <font size="2" face="Times New Roman">The appropriate Special Feature Code (&#147;SFC&#148;) as indicated below must be entered on the Schedule of Mortgages (Form
2005) or Loan Schedule (Form 1068), as applicable.</font></p> <p> <font size="2" face="Times New Roman"> Under this Master Agreement, Lender may deliver the following: </font></p> <p> <font size="2" face="Times New Roman"><b>Special
Initiatives</b></font></p> <p> <font size="2" face="Times New Roman">MyCommunityMortgage<sup>SM</sup>; Community 97<sup>SM</sup> Mortgages (SFC &#147;460&#148;) as described in the attached terms and conditions.</font></p> <p> <font size="2"
face="Times New Roman">MyCommunityMortgage<sup>SM</sup>; Community 100 Plus<sup>SM</sup> Mortgages (SFC &#147;480&#148;) as described in the attached terms and conditions.</font></p> <p> <font size="2"
face="Times New Roman">MyCommunityMortgage<sup>SM</sup>; Community Solutions<sup>SM</sup> 100 Mortgages (SFC &#147;481&#148;) as described in the attached terms and conditions.</font></p> <p align="center"> <font size="2"
face="Times New Roman">Master Agreement MA02373.2<br> HCD - 1</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>August 2002</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Fannie Mae</b></font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>MyCommunityMortgage<sup>SM</sup>; Community 97</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><i>Terms and Conditions</i></font></p> <p><font size="2" face="Times New Roman">The following terms and
conditions apply to certain Mortgages (described below), which are eligible for purchase for cash or MBS under Fannie Mae&#146;s MyCommunityMortgage<sup>SM</sup> pilot (&#147;MyCommunityMortgage&#148;) for the Community 97<sup>SM</sup> option. The
term &#147;Lender&#148; refers to the Fannie Mae seller/servicer to which these terms and conditions are being issued. Except as provided herein, all other requirements of the Selling Guide (as updated) must be followed.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>1.</b></font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Loan-to-Value Ratio</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">The maximum loan-to-value ratio (&#147;LTV&#148;) is 97%, or 90% if the property is a cooperative, which percentage is calculated from the lower of the sales price or the
appraised value of the property.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>2.</b></font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments
(&#147;PUDs&#148;) and cooperatives that conform with any related Fannie Mae requirements. With respect to units in cooperatives, Lender must have received specific authority to deliver mortgages on cooperatives to Fannie Mae. Both existing
structures and new construction are eligible.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>3.</b></font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Income</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">The borrower&#146;s income may not exceed 100% of the median income that HUD publishes for the property&#146;s location, except for (i) higher income limits allowed for certain
high-cost areas as specified in the Selling Guide, and (ii) an income limit of 115% of the HUD-published median in nonmetropolitan counties and (iii) borrower incomes imposed by other organizations (such as when a housing finance agency or an
employer provides down payment or closing cost assistance), as specified in the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Borrower income limitations are not applicable, however, in neighborhoods that qualify as FannieNeighbors&#174; locations; FannieNeighbors locations are specified in the Selling
Guide. (A geocoding service is currently available on Fannie Mae&#146;s web site, <u>www.efanniemae.com</u>, to assist lenders in determining whether a particular property is in an eligible FannieNeighbors area.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>4.</b></font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Mortgages</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">The Mortgage must be a conventional fixed-rate, fully amortizing mortgage with a term of 30 years or less, or a 7/1 adjustable-rate mortgage (Fannie Mae Plans 750 or 751). In
addition, 10/1 adjustable-rate mortgages (Fannie Mae Plans 1423 and 1437) are permitted, but usage is subject to the limitation noted in the Section below entitled, &#148;Pricing for Cash Deliveries.&#148;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>5.</b></font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Underwriting</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">Lender may underwrite the Mortgage through Desktop Underwriter (&#147;DU&#148;) using the Community Lending product screens, by entering the Mortgage as a Fannie 97 Mortgage. If
the DU finding is &#147; Approve/Eligible,&#148; the waiver of representations and warranties as granted under DU is applicable for the Mortgage, except that the requirement for mortgage insurance in Section 12 below (&#147;Mortgage Insurance&#148;)
is not modified irrespective of any DU message. If the DU finding</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>HCD - MyCommunityMortgage - Community 97-1<br> Amendment
20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">is &#147;Approve/Ineligible,&#148; the waiver of representations and warranties as granted under DU is applicable, except that Lender is responsible for determining
that the Mortgage meets all the eligibility criteria for Community 97 as specified in the eligibility matrix in <b>Attachment A</b> attached hereto. If the DU finding is other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; or
if there is an &#147;Expanded Approval&#148; finding of any kind, manual (non-DU) underwriting is required. Furthermore, nontraditional credit histories will also require manual underwriting. There will be no DU fee charged if the original DU
submission of the Mortgage is made through the Community Lending product screens.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">For non-DU manual underwriting or manual underwriting that results from a DU finding other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; in
addition to the limitations or flexibilities specified herein, MyCommunityMortgage allows the underwriting flexibilities of Fannie Mae&#146;s community lending guidelines, including Fannie Mae&#146;s Community Home Buyer&#146;s Program<sup>SM</sup>
model, except that the maximum underwriting ratio shall be 41 percent for the total-expenses-to-income ratio (&#147;single qualifying&#148; ratio, rather than separate housing-expense-to-income and total-expenses-to-income ratios).</font></p> </td>
</tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>6.</b></font></p> </td>
<td width="95%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman"><b>Minimum Down Payment</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">The minimum down payment, the source of which must be from the borrower&#146;s own funds and which is calculated as a percentage of the sales price of the property,
shall be the lesser of 1.00% or $500.00, except for cooperatives for which the minimum down payment is 3.00%.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>7.</b></font></p> </td>
<td width="95%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman"><b>Flexible Sources for Borrower Contribution and/or Closing Costs/Prepaids</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Funds for the borrower&#146;s down payment (except for funds required to be made from the borrower&#146;s own funds) and/or funds for closing costs and/or prepaid
items may be obtained from the &#147;sources of borrower&#146;s funds&#148; as permitted under the Selling Guide, as well as any combination of the following sources (and any amount of the borrower&#146;s contribution in excess of the amount needed
to pay closing costs and/or prepaid items must be applied towards down payment):</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Gift from a relative (for purposes of MyCommunityMortgage, a relative is defined as the borrower&#146;s spouse, child, dependent, domestic partner, fiance, fiancee,
or any other individual related to the borrower by blood, marriage, adoption or legal guardianship).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">2.</font></p> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Unsecured loan or grant from a governmental entity, the borrower&#146;s employer or a nonprofit organization (including churches, but a credit union is not
considered to be a nonprofit organization for the purpose of this paragraph).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Secured loan that complies with the terms for Community Seconds mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="90%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The following sources may only be used for closing costs and/or prepaid items and may not be used as funds for the borrower&#146;s down payment:</font></p> </td>
</tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="85%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Unsecured loan from Lender in accordance with the requirements below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender may finance closing costs with personal (unsecured) loans, provided that the applicable Fannie Mae regional office reviews and approves Lender&#146;s unsecured loan
program in the context of Lender&#146;s Community Reinvestment Act (&#147;CRA&#148;) and Home Mortgage Disclosure Act (&#147;HMDA&#148;) efforts.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">The interest rate to the borrower must not be greater than the note rate of the first Mortgage, but the regional office may approve rates of up to two percentage points above
the first Mortgage rate.&#160; In all instances, credit card financing and loans from overdraft protection on checking accounts are not permissible.&#160; In addition, Lender may not charge a borrower in this scenario any origination fees, discount
points, interest rate, or other</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 97-2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">fees greater than those charged to other high loan-to-value ratio customers.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Monthly payments for the personal loan must be taken into account in both the total obligations-to-income ratio and the housing expense-to-income ratio. The unsecured loan must
be a fully amortizing term loan, with a fixed-rate and fixed-payments.&#160; (No variable-rate, variable-payment, or balloon loans are permitted.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s participation under this section must be specifically approved in advance by the applicable regional office.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">A copy of the unsecured loan documents must be placed in the loan file.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Interested party&#148; contribution, as permitted in accordance with the Selling Guide; provided, however, such interested party contribution may not in any
event exceed 3.00% of the lesser of the sales price or appraised value of the property.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Premium pricing&#148; in accordance with the requirements below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender may use the proceeds (referred to herein as the &#147;Premium Pricing Proceeds&#148;) that result from the sale of the Mortgage at a premium, with an interest rate that
is in excess of the then-current market interest rate for like product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">The limitations contained in the Selling Guide relating to contributions by interested parties shall not apply to the Premium Pricing Proceeds.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="79%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>8.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Reserves</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <font size="2" face="Times New Roman">Where the Mortgage is underwritten through DU, and the DU finding is either &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender must verify the
availability of liquid assets only as directed by DU. For non-DU manual underwriting or manual underwriting that results from a DU finding other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender need not verify that the
borrower has any minimum level of liquid assets in reserve at closing.</font></td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman"><b>9.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <font size="2" face="Times New Roman"><b>Eligible Loan Purpose</b></font></td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <font size="2" face="Times New Roman">All Mortgages must be originated simultaneously under (i) a purchase money transaction or (ii) a &#147;no cash-out&#148; refinance transaction where the refinance
mortgage is equal to the outstanding principal balance of the existing first mortgage (except that the amount may be rounded up to the next $100 increment).</font></td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>10.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Subordinate Financing</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <font size="2" face="Times New Roman">Subordinate financing must comply with the terms for Community Seconds&#174; mortgages, except that the requirement contained therein for a down payment from the
borrower&#146;s own funds shall be governed by Section 6 above (&#147;Minimum Down Payment&#148;) for the particular option.</font></td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>11.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Credit History</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">If the Mortgage is underwritten through DU, and the DU finding is either &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender does <u>not</u> need
to evaluate the borrower&#146;s credit history as set forth below.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">For non-DU manual underwriting, or manual underwriting that results from a DU finding of other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148;
Lender must evaluate the borrower&#146;s credit history using <u>any one of the four</u> options set forth below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">(a)</font></Div> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender supplements its manual underwriting by obtaining a &#147;representative&#148; credit score (per the Selling Guide) on the borrower that is <u>not less than
600</u>.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 97-3<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender <u>does not request</u> a &#147;representative&#148; credit score on the borrower, but instead underwrites the Mortgage using the underwriting guidelines set
forth in the Selling Guide for Community Lending mortgages coupled with the development of an acceptable <b><i>traditional</i></b> credit profile (under Part X, Section 304.01 of the Selling Guide), or if applicable, an acceptable
<b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02 of the Selling Guide).&#160; Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that satisfies
the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Where Lender requests a &#147;representative&#148; credit score on the borrower, but the <u>borrower has no score due to no credit record with the repository</u>,
Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of an acceptable <b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02
of the Selling Guide). Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p>
</td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Where Lender obtains a &#147;representative&#148; credit score on the borrower, but the <u>score is less than 600</u>, Lender underwrites the Mortgage using <u>any
one of the three options</u> set forth below; provided, however, the borrower will not be eligible where eligibility could only be achieved by combining the following options (for example, &#147;extenuating circumstances&#148; may not be used to
compensate for deficiencies upon application of the criteria for nontraditional credit history):</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">The borrower has an insufficient traditional credit history (as documented by reason codes showing lack of credit accounts, accounts not opened long enough, or lack of usage as
the reasons for the low &#147;representative&#148; credit score), and Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of an acceptable
<b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02 of the Selling Guide). Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that satisfies the
requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of an acceptable
<b><i>traditional</i></b> credit profile (under Part X, Section 304.01 of the Selling Guide). Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that satisfies the
requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(3)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">The borrower&#146;s credit history was heavily influenced by credit deficiencies that were the result of a documented &#147;<u>extenuating circumstance</u>,&#148; and the
borrower&#146;s credit history has been <u>reestablished</u> and meets the conditions specified in the Selling Guide for the reestablishment of an acceptable credit history following an &#147;extenuating circumstance&#148; (under Part X, Section
803.02 of the Selling Guide).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="84%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">In no circumstance may a nontraditional credit evaluation be used to offset derogatory credit.</font></p> </td> </tr> </table> <p align="center"> <font size="2"
face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 97 - 4<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>12.</b></font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">MyCommunityMortgage Mortgages delivered hereunder for which Fannie Mae will obtain &#147;secondary market coverage&#148; (&#147;SMC&#148;) must also comply with the
&#147;secondary market policy&#148; terms of the &#147;Special Requirements&#148; section of this Master Agreement (&#147;SMC Eligible Mortgages&#148;). Lender must comply with the eligibility requirements as determined by the applicable mortgage
insurer. In addition, SMC Eligible Mortgages, (i) if delivered under MBS Delivery, must be delivered under Pool Purchase Contract no. A06303, and (ii) if delivered under Cash Delivery, must be delivered under seller/servicer branch no. 23227-003-9
or 24837-002-5. For SMC Eligible Mortgages, individual loan mortgage insurance providing 35% coverage is required on all Mortgages where the LTV is above 80%. SMC Eligible MyCommunityMortgage Mortgages may be covered under &#147;A Paper&#148; or
&#147;A-Minus&#148; mortgage insurance premium rates as determined by the eligibility requirements of the applicable mortgage insurer.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Fannie Mae anticipates that all SMC Eligible Mortgages will be delivered for coverage under SMC. Nevertheless, with respect to Mortgages that do not comply with the
eligibility requirements of the applicable mortgage insurer for such &#147;secondary market policy&#148; terms or that are not otherwise delivered for coverage under SMC (collectively, &#147;Non-SMC Mortgages&#148;), individual loan mortgage
insurance coverage is required as follows: </font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 90.01% - 97.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 85.01% - 90.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 80.01% - 85.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Non-SMC Mortgages, (i) if delivered under MBS Delivery, must be delivered under Pool Purchase Contract no. to be determined, and (ii) if delivered under Cash
Delivery, must be delivered under seller/servicer branch no. 23227-000-4 or 24837-000-9.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Note: SMC Eligible Mortgages and Non-SMC Mortgages may NOT be delivered under the same Pool Purchase Contract (if delivered under MBS Delivery), or under the same
seller/servicer branch no. (if delivered under Cash Delivery). Nevertheless, SMC Eligible Mortgages may be delivered under the same Pool Purchase Contract or the same seller/servicer branch no. used with non-MyCommunityMortgage loans that comply
with, and are delivered in connection with, the &#147;secondary market policy&#148; terms of the &#147;Special Requirements&#148; section of this Master Agreement.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>13.</b></font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Homebuyer Education</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All first-time borrowers must complete homebuyer education according to the provisions of the Selling Guide for prepurchase homebuyer education.</font></p> </td>
</tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>14.</b></font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Delinquency Counseling</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">For all borrowers, Lender must follow the requirements of the Selling Guide and the Servicing Guide for postpurchase early delinquency counseling.</font></p> </td>
</tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>15.</b></font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Allocation</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">These terms and conditions do not contain a specific limitation on the aggregate principal amount of Mortgages that Lender may deliver or a date (other than the
applicable Expiration Date) by which Lender must deliver the Mortgages. However, in order to be able to efficiently allocate the resources that Fannie Mae has made available for this pilot, Fannie Mae may from time to time and at any time set a
limit on the aggregate principal amount of Mortgages that Lender may deliver or terminate Lender&#146;s ability to deliver Mortgages under this pilot. If, after giving consideration to the aggregate principal amount of Mortgages that Lender has
delivered and to the</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 97 - 5<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">aggregate principal amount of commitments for such Mortgages that Lender has made, Fannie Mae elects to set a limit or terminate Lender&#146;s participation, Fannie Mae will
give Lender at least 90 days prior written notice of its intent to do so.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>16.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Pricing for Cash Deliveries</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Cash pricing is available through the MORNET Bulletin section of MORNET Manager. The MORNET Bulletin for Cash Pricing is contained in the Secondary Marketing section (Fannie Mae
Pricing; Cash Pricing) of MORNET Manager. The selection is &#147;MyCommunityMortgage Products.&#148; The option for pricing using &#147;Secondary Market Coverage&#148; must be selected for Mortgages delivered for coverage under SMC, and the option
for pricing using &#147;standard&#148; mortgage insurance must be selected for Non-SMC Mortgages. Cash Pricing screens are available for 30-year fixed-rate mortgages and for 7/1 ARMs (Fannie Mae Plans 750 and 751). For fixed-rate mortgages with
terms of less than 30 years, Lender must contact Fannie Mae&#146;s Cash Commitment window at 1-800-752-1080, option #5 Negotiated Pricing, and obtain a negotiated Cash Delivery commitment. For 10/1 ARMs (Fannie Mae Plans 1423 and 1437), screens are
not available, and Lender must contact Fannie Mae&#146;s Cash Commitment window to obtain a negotiated commitment.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>18.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special Feature Code</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">For all Mortgages originated under these terms and conditions, Lender is required to enter <b>Special Feature Code &#147;460&#148;</b> on the <u>Loan Schedule</u> (Form 1068) or
<u>Schedule of Mortgages </u>(Form 2005).</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 97 - 6<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>ATTACHMENT A</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MyCommunityMortgage Pilot Eligibility Matrix</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="bottom"> <p><font size="1" face="Times New Roman"><b>Product Option</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Loan Type</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Purpose</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Occupancy</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Other Property Owned</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Non-Occupant Co-borrower</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Units/Type</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Maximum LTV</b></font></p> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Maximum CLTV</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Borrower Income</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Subordinate Financing</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="8%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>MI Coverage</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="3%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="8%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 97</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Fixed-Rate Mortgage, 7/1 or 10/1 ARMS (no ARMS where EEM guidelines used)</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">PMM or No Cash-Out Refinance (Existing UPB of first mortgage <br> rounded to the nearest $100)</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Owner-Occupied</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">None</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Not Allowed</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">One Unit*</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%"> <p align=right><font size="1" face="Times New Roman">97</font></p> </td>
<td width="3%"> <p><font size="1" face="Times New Roman">%**</font></p> </td>
<td width="6%" rowspan="4" > <p align=right><font size="1" face="Times New Roman">105</font></p> </td>
<td width="1%" rowspan="4" > <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">If borrower income exceeds area median income limitations, verify<br> property is in a FannieNeighbors location through Fannie Mae&#146;s geocoding service through
efanniemae.com</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Must meet Community Seconds guidelines</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">For SMC-Eligible = 35%<br> For SMC-lneligible = 35% for<br> LTVs of over 90-100%<br> 30% for LTVs of over 85-90%<br> 25% for LTVs of over 80-85%</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 100</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" rowspan="2" > <p align=right><font size="1" face="Times New Roman">100</font></p> </td>
<td width="3%" rowspan="2" > <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 100 Plus</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 2-Family</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%"> <p align="center"><font size="1" face="Times New Roman">2 Units</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%"> <p align=right><font size="1" face="Times New Roman">95</font></p> </td>
<td width="3%"> <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <BR>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="3%" valign="top"> <p> <font size="2" face="Times New Roman">*</font></p> </td>
<td width="96%" valign="top"> <p> <font size="2" face="Times New Roman">Includes condos, PUDs, manufactured housing. Coops allowed for Community 97 only. Provided, however, where EEM guidelines used, no manufactured housing and no coops
allowed.</font></p> </td> </tr>
<tr>
<td width="3%" valign="top"> <p> <font size="2" face="Times New Roman">**</font></p> </td>
<td width="96%" valign="top"> <p> <font size="2" face="Times New Roman">90% for coops.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 97 -
7<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>August 2002</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Fannie Mae</b></font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>MyCommunityMortgage<sup>SM</sup>; Community 100 Plus</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><i>Terms and Conditions</i></font></p> <p> <font size="2" face="Times New Roman">The following
terms and conditions apply to certain Mortgages (described below), which are eligible for purchase for cash or MBS under Fannie Mae&#146;s MyCommunityMortgage<sup>SM</sup> pilot (&#147;MyCommunityMortgage&#148;) for the Community 100
Plus<sup>SM</sup> option. The term &#147;Lender&#148; refers to the Fannie Mae seller/servicer to which these terms and conditions are being issued. Except as provided herein, all other requirements of the Selling Guide (as updated) must be
followed.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>1.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Loan-to-Value Ratio</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">The maximum loan-to-value ratio (&#147;LTV&#148;) is 100%, which percentage is calculated from the lower of the sales price or the appraised value of the property.</font></p>
</td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>2.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments
(&#147;PUDs&#148;) that conform with any related Fannie Mae requirements. Both existing structures and new construction are eligible, but coops are ineligible.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>3.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Income</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">The borrower&#146;s income may not exceed 100% of the median income that HUD publishes for the property&#146;s location, except for (i) higher income limits allowed for certain
high-cost areas as specified in the Selling Guide, and (ii) an income limit of 115% of the HUD-published median in nonmetropolitan counties and (iii) borrower incomes imposed by other organizations (such as when a housing finance agency or an
employer provides down payment or closing cost assistance), as specified in the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Borrower income limitations are not applicable, however, in neighborhoods that qualify as FannieNeighbors&#148; locations; FannieNeighbors locations are specified in the Selling
Guide. (A geocoding service is currently available on Fannie Mae&#146;s web site, <u>www.efanniemae.com</u>, to assist lenders in determining whether a particular property is in an eligible FannieNeighbors area.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>4.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Mortgages</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">The Mortgage must be a conventional fixed-rate, fully amortizing mortgage with a term of 30 years or less, or a 7/1 adjustable-rate mortgage (Fannie Mae Plans 750 or 751). In
addition, 10/1 adjustable-rate mortgages (Fannie Mae Plans 1423 and 1437) are permitted, but usage is subject to the limitation noted in the Section below entitled, &#147;Pricing for Cash Deliveries.&#148;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>5.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Underwriting</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Lender may underwrite the Mortgage through Desktop Underwriter (&#147;DU&#148;) using the Community Lending product screens, by entering the Mortgage as a Fannie 97 mortgage. If
the DU finding is &#147;Approve/Eligible,&#148; the waiver of representations and warranties as granted under DU is applicable for the Mortgage, except that the requirement for mortgage insurance in Section 12 (&#147;Mortgage Insurance&#148;) below
is not modified irrespective of any DU message. If the DU finding is &#147;Approve/Ineligible,&#148; the waiver of representations and warranties as granted under DU is</font></p> </td> </tr> </table> <p align="center"> <font size="2"
face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 100 Plus - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">applicable, except that Lender is responsible for determining that the Mortgage meets all the eligibility criteria for Community 100 Plus as specified in the
eligibility matrix in <b>Attachment A</b> attached hereto. If the DU finding is other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; or if there is an &#147;Expanded Approval&#148; finding of any kind, manual (non-DU)
underwriting is required. Furthermore, nontraditional credit histories will also require manual underwriting. There will be no DU fee charged if the original DU submission of the Mortgage is made through the Community Lending product
screens.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">For non-DU manual underwriting or manual underwriting that results from a DU finding other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; in
addition to the limitations or flexibilities specified herein, MyCommunityMortgage allows the underwriting flexibilities of Fannie Mae&#146;s community lending guidelines, including Fannie Mae&#146;s Community Home Buyer&#146;s ProgramSM model,
except that the maximum underwriting ratio shall be 41 percent for the total-expenses-to-income ratio (&#147;single qualifying&#148; ratio, rather than separate housing-expense-to-income and total-expenses-to-income ratios).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>6.</b></font></p> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman"><b>Minimum Borrower Contribution</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">The minimum required contribution by the borrower to the transaction, the source of which must be from the borrower&#146;s own funds and which is calculated as a
percentage of the sales price of the property, shall be the lesser of 1.00% or $500.00. These funds may be used for closing costs, prepaid items, and/or down payment, if desired.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>7.</b></font></p> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sources for Closing Costs/Prepaids</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Funding in addition to the minimum borrower contribution may be obtained from the &#147;sources of borrower&#146;s funds&#148; as permitted under the Selling Guide,
as well as any combination of the following sources:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">1.</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Gift from a relative (for purposes of MyCommunityMortgage, a relative is defined as the borrower&#146;s spouse, child, dependent, domestic partner, fiance, fiancee,
or any other individual related to the borrower by blood, marriage, adoption or legal guardianship).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Unsecured loan or grant from a governmental entity, the borrower&#146;s employer or a nonprofit organization (including churches, but a credit union is not
considered to be a nonprofit organization for the purpose of this paragraph).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Secured loan that complies with the terms for Community Seconds mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The following sources may only be used for closing costs and/or prepaid items and may not be used as funds for the borrower&#146;s down payment:</font></p> </td>
</tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Unsecured loan from Lender in accordance with the requirements below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender may finance closing costs with personal (unsecured) loans, provided that the applicable Fannie Mae regional office reviews and approves Lender&#146;s unsecured loan
program in the context of Lender&#146;s Community Reinvestment Act (&#147;CRA&#148;) and Home Mortgage Disclosure Act (&#147;HMDA&#148;) efforts.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">The interest rate to the borrower must not be greater than the note rate of the first Mortgage, but the regional office may approve rates of up to two percentage points above
the first Mortgage rate. In all instances, credit card financing and loans from overdraft protection on checking accounts are not permissible.&#160; In addition, Lender may not charge a borrower in this scenario any origination fees, discount
points, interest rate, or other fees greater than those charged to other high loan-to-value ratio customers.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD -
MyCommunityMortgage - Community 100 Plus - 2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Monthly payments for the personal loan must be taken into account in both the total obligations-to-income ratio and the housing expense-to-income ratio. The unsecured loan must
be a fully amortizing term loan, with a fixed-rate and fixed-payments. (No variable-rate, variable-payment, or balloon loans are permitted.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s participation under this section must be specifically approved in advance by the applicable regional office.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">A copy of the unsecured loan documents must be placed in the loan file.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Interested party&#148; contribution, as permitted in accordance with the Selling Guide; provided, however, such interested party contribution may not in any
event exceed 3.00% of the lesser of the sales price or appraised value of the property. If an interested party contribution in any amount is provided, the Mortgage is ineligible for delivery to Fannie Mae for MBS where the LTV is 100%; in such
cases, Mortgages would only be eligible for cash delivery. Where the LTV is 100%, Lender represents and warrants that no Mortgage will be delivered for MBS to Fannie Mae if there is any interested party contribution. If the LTV is less than 100%,
and an interested party contribution is utilized, Lender shall add the LTV to the interested party contribution, as a percentage, to determine MBS delivery eligibility. For example:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">An LTV of 98% plus an interested party contribution of 3% would equal 101%, making the loan ineligible for MBS delivery.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">An LTV of 98% plus an interested party contribution of 2% would equal 100%, making the loan eligible for MBS delivery.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Premium pricing&#148; in accordance with the requirements below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender may use the proceeds (referred to herein as the &#147;Premium Pricing Proceeds&#148;) that result from the sale of the Mortgage at a premium, with an interest rate that
is in excess of the then-current market interest rate for like product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">The limitations contained in the Selling Guide relating to contributions by interested parties shall not apply to the Premium Pricing Proceeds.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="79%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <font size="2" face="Times New Roman"><b>8.</b></font></td>
<td width="94%" colspan="4" valign="top"> <font size="2" face="Times New Roman"><b>Reserves</b></font></td> </tr>
<tr>
<td width="5%" valign="top"> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">Where the Mortgage is underwritten through DU, and the DU finding is either &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender must verify the
availability of liquid assets as directed by DU. For non-DU manual underwriting or manual underwriting that results from a DU finding other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender need not verify that the borrower
has any minimum level of liquid assets in reserve at closing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> &nbsp;</td>
<td width="94%" colspan="4" valign="top"> &nbsp;</td> </tr>
<tr>
<td width="5%" valign="top"> <font size="2" face="Times New Roman"><b>9.</b></font></td>
<td width="94%" colspan="4" valign="top"> <font size="2" face="Times New Roman"><b>Eligible Loan Purpose</b></font></td> </tr>
<tr>
<td width="5%" valign="top"> &nbsp;</td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">All Mortgages must be originated simultaneously under (i) a purchase money transaction or (ii) a &#147;no cash-out&#148; refinance transaction where the refinance
mortgage is equal to the outstanding principal balance of the existing first mortgage (except that the amount may be rounded up to the next $100 increment).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>10.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Subordinate Financing</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Subordinate financing must comply with the terms for Community Seconds&#174; mortgages, except that the requirement contained therein for a down payment from the
borrower&#146;s own funds shall be governed by Section 6 above (entitled &#147;Minimum Borrower Contribution&#148;) for the particular option.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement
MA02373.2<br> HCD - MyCommunityMortgage - Community 100 Plus - 3<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>11.</b></font></p> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">If the Mortgage is underwritten through DU, and the DU finding is either &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender does <u>not</u> need
to evaluate the borrower&#146;s credit history as set forth below.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="79%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">For non-DU manual underwriting, or manual underwriting that results from a DU finding of other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148;
Lender must evaluate the borrower&#146;s credit history using <u>any one of the four</u> options set forth below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender supplements its manual underwriting by obtaining a &#147;representative&#148; credit score (per the Selling Guide) on the borrower that is <u>not less than
620</u>.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender <u>does not request</u> a &#147;representative&#148; credit score on the borrower, but instead underwrites the Mortgage using the underwriting guidelines set
forth in the Selling Guide for Community Lending mortgages coupled with the development of an acceptable <b><i>traditional</i></b> credit profile (under Part X, Section 304.01 of the Selling Guide), or if applicable, an acceptable
<b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02 of the Selling Guide).&#160; Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that satisfies
the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Where Lender requests a &#147;representative&#148; credit score on the borrower, but the <u>borrower has no score due to no credit record with the repository</u>,
Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of an acceptable <b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02
of the Selling Guide). Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p>
</td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Where Lender obtains a &#147;representative&#148; credit score on the borrower, but the <u>score is less than 620</u>, Lender underwrites the Mortgage using <u>any
one of the three options</u> set forth below; provided, however, the borrower will not be eligible where eligibility could only be achieved by combining the following options (for example, &#147;extenuating circumstances&#148; may not be used to
compensate for deficiencies upon application of the criteria for nontraditional credit history):</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The borrower has an insufficient traditional credit history (as documented by reason codes showing lack of credit accounts, accounts not opened long enough, or lack
of usage as the reasons for the low &#147;representative&#148; credit score), and Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of an
acceptable <b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02 of the Selling Guide). Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that
satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of an
acceptable <b><i>traditional</i></b> credit profile (under Part X, Section 304.01 of the Selling Guide). Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that
satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 100 Plus - 4<br>
Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">(3)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">The borrower&#146;s credit history was heavily influenced by credit deficiencies that were the result of a documented <u>&#147;extenuating circumstance,&#148;</u> and the
borrower&#146;s credit history has been <u>reestablished</u> and meets the conditions specified in the Selling Guide for the reestablishment of an acceptable credit history following an &#147;extenuating circumstance&#148; (under Part X, Section
803.02 of the Selling Guide).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="84%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">In no circumstance may a nontraditional credit evaluation be used to offset derogatory credit.</font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>12.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <font size="2" face="Times New Roman">MyCommunityMortgage Mortgages delivered hereunder for which Fannie Mae will obtain &#147;secondary market coverage&#148; (&#147;SMC&#148;) must also comply with the
&#147;secondary market policy&#148; terms of the &#147;Special Requirements&#148; section of this Master Agreement (&#147;SMC Eligible Mortgages&#148;). Lender must comply with the eligibility requirements as determined by the applicable mortgage
insurer. In addition, SMC Eligible Mortgages, (i) if delivered under MBS Delivery, must be delivered under Pool Purchase Contract no. A06304, and (ii) if delivered under Cash Delivery, must be delivered under seller/servicer branch no. 23227-003-9
or 24837-002-5. For SMC Eligible Mortgages, individual loan mortgage insurance providing 35% coverage is required on all Mortgages where the LTV is above 80%. SMC Eligible MyCommunityMortgage Mortgages may be covered under &#147;A Paper&#148; or
&#147;A-Minus&#148; mortgage insurance premium rates as determined by the eligibility requirements of the applicable mortgage insurer.</font> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">Fannie Mae anticipates that all SMC Eligible Mortgages will be delivered for coverage under SMC. Nevertheless, with respect to Mortgages that do not comply with the
eligibility requirements of the applicable mortgage insurer for such &#147;secondary market policy&#148; terms or that it not otherwise delivered for coverage under SMC (collectively, &#147;Non-SMC Mortgages&#148;), individual loan mortgage
insurance coverage is required as follows:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">&#149;</font></Div> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 90.01% - 100.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">&#149;</font></Div> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 85.01% - 90.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">&#149;</font></Div> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 80.01% - 85.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Non-SMC Mortgages, (i) if delivered under MBS Delivery, must be delivered under Pool Purchase Contract no. to be determined, and (ii) if delivered under Cash
Delivery, must be delivered under seller/servicer branch no. 23227-000-4 or 24837-000-9.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">Note: SMC Eligible Mortgages and Non-SMC Mortgages may NOT be delivered under the same Pool Purchase Contract (if delivered under MBS Delivery), or under the same
seller/servicer branch no. (if delivered under Cash Delivery). Nevertheless, SMC Eligible Mortgages may be delivered under the same Pool Purchase Contract or the same seller/servicer branch no. used with non-MyCommunityMortgage loans that comply
with, and are delivered in connection with, the &#147;secondary market policy&#148; terms of the &#147;Special Requirements&#148; section of this Master Agreement.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">The Lender is responsible for determining applicable state requirements relating to mortgage insurance availability for Mortgages having LTVs over 97%. If the
specified mortgage insurance coverage is not available with respect to any mortgage, then such mortgage is ineligible for delivery to Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>13.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Homebuyer Education</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">All first-time borrowers must complete homebuyer education according to the provisions of the Selling Guide for prepurchase homebuyer education.</font></p> </td>
</tr>
<tr >
<td width=36></td>
<td width=36></td>
<td width=4></td>
<td width=32></td>
<td width=613></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 100 Plus - 5<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>14.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Delinquency Counseling</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">For all borrowers, Lender must follow the requirements of the Selling Guide and the Servicing Guide for postpurchase early delinquency counseling.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>15.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Allocation</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">These terms and conditions do not contain a specific limitation on the aggregate principal amount of Mortgages that Lender may deliver or a date (other than the applicable
Expiration Date) by which Lender must deliver the Mortgages. However, in order to be able to efficiently allocate the resources that Fannie Mae has made available for this pilot, Fannie Mae may from time to time and at any time set a limit on the
aggregate principal amount of Mortgages that Lender may deliver or terminate Lender&#146;s ability to deliver Mortgages under this pilot. If, after giving consideration to the aggregate principal amount of Mortgages that Lender has delivered and to
the aggregate principal amount of commitments for such Mortgages that Lender has made, Fannie Mae elects to set a limit or terminate Lender&#146;s participation, Fannie Mae will give Lender at least 90 days prior written notice of its intent to do
so.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>16.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Pricing for Cash Deliveries</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">Cash pricing is available through the MORNET Bulletin section of MORNET Manager. The MORNET Bulletin for Cash Pricing is contained in the Secondary Marketing section (Fannie Mae
Pricing; Cash Pricing) of MORNET Manager. The selection is &#147;MyCommunityMortgage Products.&#148; The option for pricing using &#147;Secondary Market Coverage&#148; must be selected for Mortgages delivered for coverage under SMC, and the option
for pricing using &#147;standard&#148; mortgage insurance must be selected for Non-SMC Mortgages. Cash Pricing screens are available for 30-year fixed-rate mortgages and for 7/1 ARMs (Fannie Mae Plans 750 and 751). For fixed-rate mortgages with
terms of less than 30 years, Lender must contact Fannie Mae&#146;s Cash Commitment window at 1-800-752-1080, option #5 Negotiated Pricing, and obtain a negotiated Cash Delivery commitment. For 10/1 ARMs (Fannie Mae Plans 1423 and 1437), screens are
not available, and Lender must contact Fannie Mae&#146;s Cash Commitment window to obtain a negotiated commitment.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>17.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special Feature Code</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">For all Mortgages originated under these terms and conditions, Lender is required to enter<b> Special Feature Code &#147;480&#148; </b>on the <u>Loan Schedule</u> (Form 1068) or
<u>Schedule of Mortgages </u>(Form 2005).</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>HCD - MyCommunityMortgage - Community 100 Plus - 6<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>ATTACHMENT A</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MyCommunityMortgage Pilot Eligibility Matrix</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="bottom"> <p><font size="1" face="Times New Roman"><b>Product Option</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Loan Type</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Purpose</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Occupancy</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Other Property Owned</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Non-Occupant Co-borrower</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Units/Type</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Maximum LTV</b></font></p> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Maximum CLTV</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Borrower Income</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Subordinate Financing</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="8%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>MI Coverage</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="3%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="8%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 97</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Fixed-Rate Mortgage, 7/1 or 10/1 ARMS (no ARMS where EEM guidelines used)</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">PMM or No Cash-Out Refinance (Existing UPB of first mortgage <br> rounded to the nearest $100)</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Owner-Occupied</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">None</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Not Allowed</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%"> <p align=right><font size="1" face="Times New Roman">97</font></p> </td>
<td width="3%"> <p><font size="1" face="Times New Roman">%**</font></p> </td>
<td width="6%" rowspan="4" > <p align=right><font size="1" face="Times New Roman">105</font></p> </td>
<td width="1%" rowspan="4" > <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="6%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">If borrower income exceeds area median income limitations, verify<br> property is in a FannieNeighbors location through Fannie Mae&#146;s geocoding service through
efanniemae.com</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">Must meet Community Seconds guidelines</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" rowspan="4" > <p align="center"><font size="1" face="Times New Roman">For SMC-Eligible = 35%<br> For SMC-lneligible = 35% for<br> LTVs of over 90-100%<br> 30% for LTVs of over 85-90%<br> 25% for LTVs of over 80-85%</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 100</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" rowspan="2" > <p align="center"><font size="1" face="Times New Roman">One Unit*</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" rowspan="2" > <p align=right><font size="1" face="Times New Roman">100</font></p> </td>
<td width="3%" rowspan="2" > <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 100 Plus</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%"> <p><font size="1" face="Times New Roman">Community 2-Family</font></p> </td>
<td width="1%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%"> <p align="center"><font size="1" face="Times New Roman">2 Units</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%"> <p align=right><font size="1" face="Times New Roman">95</font></p> </td>
<td width="3%"> <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <BR>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="3%" valign="top"> <p> <font size="2" face="Times New Roman">*</font></p> </td>
<td width="96%" valign="top"> <p> <font size="2" face="Times New Roman">Includes condos, PUDs, manufactured housing. Coops allowed for Community 97 only. Provided, however, where EEM guidelines used, no manufactured housing and no coops
allowed.</font></p> </td> </tr>
<tr>
<td width="3%" valign="top"> <p> <font size="2" face="Times New Roman">**</font></p> </td>
<td width="96%" valign="top"> <p> <font size="2" face="Times New Roman">90% for coops</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage - Community 100
Plus - 7<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>August 2002</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Fannie Mae</b></font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>MyCommunityMortgage<sup>SM</sup>; Community Solutions 100<sup>SM</sup></b></font></p> <p align="center"> <font size="2" face="Times New Roman"><i>Terms and Conditions</i></font></p> <p> <font size="2"
face="Times New Roman">The following terms and conditions apply to certain Mortgages (described below), which are eligible for purchase for cash or MBS under Fannie Mae&#146;s MyCommunityMortgage<sup>SM</sup> pilot (&#147;MyCommunityMortgage&#148;)
for the Community Solutions<sup>SM</sup> 100 product. The term &#147;Lender&#148; refers to the Fannie Mae seller/servicer to which these terms and conditions are being issued. Except as provided herein, all other requirements of the Selling Guide
(as updated) must be followed.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>1.</b></font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Community Solutions 100 offers &#147;Teacher A+,&#148; &#147;Safety 1st&#148; and &#147;HealthCare Worker+&#148; borrower options, as described below. In the case of
co-borrowers, Community Solutions is available if at least one of the co-borrowers qualifies under one of the Teacher A+, Safety 1st or HealthCare Worker+ borrower options described below.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">To be eligible for Teacher A+, the borrower must be:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">a full time employee at the elementary or secondary education level in a public or private school (in any capacity, including but not limited to teacher, administrator,
librarian, counselor, administrative support and custodial staff) who is either (i) state certified, (ii) in the process of becoming state certified, or (iii) employed by a school that is recognized by a state or accredited by a state or regional
accrediting association; <u>or</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">a full time teacher or administrator at the elementary or secondary education levels working at a federal, state, county, or municipal education agency and who is either state
certified or in the process of becoming state certified.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">To be eligible for Safety 1st, the borrower must be:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">a full-time sworn employee of a police department, sheriff&#146;s office, corrections department, or other law enforcement agency which is a part of or administered by the
federal government, a state, a county, a city, or other political subdivision of a state, a commission created by an interstate compact, a university, a hospital, a utility or an airport or port authority who is responsible for the prevention and
detection of crime, the enforcement of the penal, traffic or highway laws or the incarceration or detention of offenders; <u>or</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">a full-time sworn member of a local, state, or federal fire department or agency and be responsible for at least one of the following: fire suppression, emergency medical
response and patient care, fire and injury prevention, arson investigation, hazardous materials incident response and management, and/or response to acts of terrorism.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">To be eligible for HealthCare Worker+, the borrower must:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">be a full-time employee of an employer that offers its employees an employer-assisted housing benefit (&#147;EAH&#148;--an employee benefit designed to assist in the
employee&#146;s housing needs, and may involve a grant, a loan, shared appreciation, monthly payment assistance, counseling or otherwise); provided, however, the borrower need not be a participant in the employer&#146;s EAH, <u>and</u></font></p>
</td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage; Community Solutions 100 - 1<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">be employed by that employer in one of the following positions:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">registered nurse (RN), licensed practical nurse (LPN) or licensed vocational nurse (LVN); <u>or</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">2.</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">nursing assistant who is (i) certified, licensed or accredited by the applicable state agency or has successfully completed training mandated by the applicable state agency, and
(ii) designated as a certified nursing assistant (CNA), advanced unlicensed assistant (AUA) or unlicensed assistive personnel (UAP); <u>or</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">physician&#146;s assistant or medical technician, technologist or therapist who is certified, licensed or accredited by the applicable state agency or has successfully completed
training mandated by the applicable state agency; <u>or</u></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">licensed pharmacist or pharmacy technician who is certified, licensed or accredited by the applicable state agency.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="84%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">(For purposes of Community Solutions 100, &#147;state&#148; includes any state of the United States, the District of Columbia, or the Commonwealth of Puerto
Rico.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>2.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Loan-to-Value Ratio</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">The maximum loan-to-value ratio (&#147;LTV&#148;) is 100%, which percentage is calculated from the lower of the sales price or the appraised value of the
property.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>3.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit
developments (&#147;PUDs&#148;) that conform with any related Fannie Mae requirements. Both existing structures and new construction are eligible, but cooperatives are ineligible.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>4.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Income</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The borrower&#146;s income may not exceed 100% of the median income that HUD publishes for the property&#146;s location, except for (i) higher income limits allowed
for certain high-cost areas as specified in the Selling Guide, and (ii) an income limit of 115% of the HUD-published median in nonmetropolitan counties and (iii) borrower incomes imposed by other organizations (such as when a housing finance agency
or an employer provides down payment or closing cost assistance), as specified in the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">Borrower income limitations are not applicable, however, in neighborhoods that qualify as FannieNeighbors&#174; locations; FannieNeighbors locations are specified in
the Selling Guide. (A geocoding service is currently available on Fannie Mae&#146;s web site, <u>www.efanniemae.com</u>, to assist lenders in determining whether a particular property is in an eligible FannieNeighbors area.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>5.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Mortgages</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The Mortgage must be a conventional fixed-rate, fully amortizing mortgage with a term of 30 years or less, or 7/1 or 10/1 adjustable-rate mortgage (Fannie Mae Plans
750, 751, 1423 or 1437) -&#147;Eligible ARMs&#148;.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>6.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Underwriting</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may underwrite the Mortgage through Desktop Underwriter (&#147;DU&#148;) using the Community Lending product screens, by entering the Mortgage as a Fannie 97
mortgage. If the DU finding is &#147;Approve/Eligible,&#148; the waiver of representations and warranties as granted under DU is</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>
HCD - MyCommunityMortgage; Community Solutions 100 - 2<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">applicable for the Mortgage, except that the requirement for individual-loan mortgage insurance as provided herein below is not modified irrespective of any DU
message. If the DU finding is &#147;Approve/Ineligible,&#148; the waiver of representations and warranties as granted under DU is applicable, except that Lender is responsible for determining that the Mortgage meets all the eligibility criteria for
Community Solutions 100 as specified in the eligibility matrix in Attachment A hereto. If the DU finding is other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; or if there is an &#147;Expanded Approval&#148; finding of any
kind, manual (non-DU) underwriting is required. Furthermore, nontraditional credit histories will also require manual underwriting. There will be no DU fee charged if the original DU submission of the Mortgage is made through the Community Lending
product screens.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">For non-DU manual underwriting or manual underwriting that results from a DU finding other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; in
addition to the limitations or flexibilities specified herein, MyCommunityMortgage allows the underwriting flexibilities of Fannie Mae&#146;s community lending guidelines, including Fannie Mae&#146;s Community Home Buyer&#146;s ProgramSM model,
except that the maximum underwriting ratio shall be 45 percent for the total-expenses-to-income ratio (&#147;single qualifying&#148; ratio, rather than separate housing-expense-to-income and total-expenses-to-income ratios), except where there is a
temporary interest rate buydown (the temporary interest rate buydown must comply with the guidelines contained in the section below entitled &#147;Buydowns&#148;), and in that situation, the maximum single qualifying ratio shall be 43
percent.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>7.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Part-Time and Overtime Income</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Overtime and part-time income can be used to qualify the borrower if the employer verifies that the borrower has received such income for the last 12 months and
indicates that the overtime and/or part-time income will in all probability continue. Lender must develop an average of overtime and/or part-time income over the last 12 months to determine the amount of income that can be considered in evaluating
the borrower&#146;s qualifications.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>8.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Minimum Borrower Contribution from the Borrower&#146;s Own Funds</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The minimum required contribution by the borrower to the transaction, the source of which must be from the borrower&#146;s own funds and which is calculated as a
percentage of the sales price of the property, shall be the lesser of 1.00% or $500.00. These funds may be used for closing costs, prepaid items, and/or down payment, if desired.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>9.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sources for Closing Costs/Prepaids</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Funding in addition to the minimum borrower contribution may be obtained from the &#147;sources of borrower&#146;s funds&#148; as permitted under the Selling Guide,
as well as any combination of the following sources:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="84%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">a)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Gift from a relative (for purposes of these terms and conditions, a relative is defined as the borrower&#146;s spouse, child, dependent, domestic partner,
fianc&eacute;, fianc&eacute;e, or any other individual related to the borrower by blood, marriage, adoption or legal guardianship).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">b)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Unsecured loan or grant from a governmental entity, the borrower&#146;s employer or a nonprofit organization (including churches, but a credit union is not
considered to be a nonprofit organization for the purpose of this paragraph).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">c)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Secured loan that complies with the terms for Community Seconds mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">d)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The following sources may only be used for closing costs and/or prepaid items and may not be used as funds for the borrower&#146;s down payment:</font></p> </td>
</tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage; Community Solutions 100 - 3<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Unsecured loan from Lender in accordance with the requirements below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender may finance closing costs with personal (unsecured) loans, provided that the applicable Fannie Mae regional office reviews and approves Lender&#146;s unsecured loan
program in the context of Lender&#146;s Community Reinvestment Act (&#147;CRA&#148;) and Home Mortgage Disclosure Act (&#147;HMDA&#148;) efforts.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">The interest rate to the borrower must not be greater than the note rate of the first Mortgage, but the regional office may approve rates of up to two percentage points above
the first Mortgage rate.&nbsp;&nbsp;In all instances, credit card financing and loans from overdraft protection on checking accounts are not permissible.&#160;&#160; In addition, Lender may not charge a borrower in this scenario any origination
fees, discount points, interest rate, or other fees greater than those charged to other high loan-to-value ratio customers.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Monthly payments for the personal loan must be taken into account in both the total obligations-to-income ratio and the housing expense-to-income ratio. The unsecured loan must
be a fully amortizing term loan, with a fixed-rate and fixed-payments.&#160; (No variable-rate, variable-payment, or balloon loans are permitted.)</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s participation under this section must be specifically approved in advance by the applicable regional office.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">A copy of the unsecured loan documents must be placed in the loan file.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Interested party&#148; contribution, as permitted in accordance with the Selling Guide; provided, however, such interested party contribution may not in any
event exceed 3.00% of the lesser of the sales price or appraised value of the property. If an interested party contribution in any amount is provided, the Mortgage is ineligible for delivery to Fannie Mae for MBS where the LTV is 100%; in such
cases, Mortgages would only be eligible for cash delivery. Where the LTV is 100%, Lender represents and warrants that no Mortgage will be delivered for MBS to Fannie Mae if there is any interested party contribution. If the LTV is less than 100%,
and an interested party contribution is utilized, Lender shall add the LTV to the interested party contribution, as a percentage, to determine MBS delivery eligibility. For example:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">An LTV of 98% plus an interested party contribution of 3% would equal 101%, making the loan ineligible for MBS delivery.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">An LTV of 98% plus an interested party contribution of 2% would equal 100%, making the loan eligible for MBS delivery.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Premium pricing&#148; in accordance with the requirements below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">Lender may use the proceeds (referred to herein as the &#147;Premium Pricing Proceeds&#148;) that result from the sale of the Mortgage at a premium, with an interest rate that
is in excess of the then-current market interest rate for like product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">The limitations contained in the Selling Guide relating to contributions by interested parties shall not apply to the Premium Pricing Proceeds.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="79%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>10.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Reserves</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Where the Mortgage is underwritten through DU, and the DU finding is either &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender must verify the
availability of liquid assets as directed by DU. For non-DU manual underwriting or manual underwriting that results from a DU finding other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender must verify that the</font></p>
</td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage; Community Solutions 100 - 4<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">borrower has sufficient liquid assets in reserve at closing equal to at least one mortgage payment, and such reserve may include funds received by the borrower as a
gift (gifts for purposes of such reserve include funds received from a relative or from a church, municipality, employer, or nonprofit organization).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>11.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Buydowns</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">A temporary interest rate buydown not to exceed one-half of one percent for the first three years of the Mortgage is permitted. Borrower will be underwritten at the
bought-down interest rate. The buydown must otherwise meet the requirements of the Guides, including the allowance for buydown funds to come from any source or combination of sources (including Lender, foundations, places of worship, labor unions,
employers or their designees, public agencies and nonprofits).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>12.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Loan Purpose</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">All Mortgages must be originated simultaneously under (i) a purchase money transaction or (ii) a &#147;no cash-out&#148; refinance transaction where the refinance
mortgage is equal to the outstanding principal balance of the existing first mortgage (except that the amount may be rounded up to the next $100 increment).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>13.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Subordinate Financing</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Subordinate financing must comply with the terms for Community Seconds mortgages, except that the requirement contained therein for a down payment from the
borrower&#146;s own funds shall be governed by Section 8 above (entitled &#147;Minimum Borrower Contribution&#148;) for the particular option.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>14.</b></font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">If the Mortgage is underwritten through DU, and the DU finding is either &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148; Lender does <u>not</u> need
to evaluate the borrower&#146;s credit history as set forth below.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">For non-DU manual underwriting, or manual underwriting that results from a DU finding of other than &#147;Approve/Eligible&#148; or &#147;Approve/Ineligible,&#148;
Lender must evaluate the borrower&#146;s credit history using <u>any one of the four</u> options set forth below:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender supplements its manual underwriting by obtaining a &#147;representative&#148; credit score on the borrower that is <u>not less than 620</u>.</font></p> </td>
</tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender <u>does not request</u> a &#147;representative&#148; credit score on the borrower, but instead underwrites the Mortgage using the underwriting guidelines set
forth in the Selling Guide for Community Lending mortgages coupled with the development of:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">an acceptable <b><i>traditional</i></b> credit profile (under Part X, Section 304.01 of the Selling Guide), or</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">when the borrower does not have the type of credit that is traditionally reported to a credit repository, an acceptable <b><i>nontraditional</i></b> credit profile (under Part
X, Section 304.02 of the Selling Guide), or</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(3)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">when the borrower has not yet established a credit history or does not have sufficient credit documentation to meet the requirements for nontraditional credit, an acceptable
&#147;enhanced credit evaluation&#148; for a <b><i>nontraditional limited</i></b> credit profile (&#147;enhanced credit evaluation&#148; for nontraditional limited credit requires both of the following: (i) 12 months rental history with no
delinquencies, and (ii) no delinquencies in the past 12 months for other trade lines, if any).</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage;
Community Solutions 100 - 5<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">Provided, however, in all of these cases, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that
satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Where Lender requests a &#147;representative&#148; credit score on the borrower, but the <u>borrower has no score due to no credit record with the repository</u>,
Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">an acceptable <b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02 of the Selling Guide), or</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">when the borrower has not yet established a credit history or does not have sufficient credit documentation to meet the requirements for nontraditional credit, an
acceptable &#147;enhanced credit evaluation&#148; for a <b><i>nontraditional limited</i></b> credit profile (&#147;enhanced credit evaluation&#148; for nontraditional limited credit requires both of the following: (i) 12 months rental history with
no delinquencies, and (ii) no delinquencies in the past 12 months for other trade lines, if any).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">Provided, however, in both of these cases, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that
satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="89%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Where Lender obtains a &#147;representative&#148; credit score on the borrower, but the <u>score is less than 620</u>, Lender underwrites the Mortgage using <u>any
one of the three options</u> set forth below; provided, however, the borrower will not be eligible where eligibility could only be achieved by combining the following options (for example, &#147;extenuating circumstances&#148; may not be used to
compensate for deficiencies upon application of the criteria for nontraditional credit history):</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The borrower has an insufficient traditional credit history (as documented by reason codes showing lack of credit accounts, accounts not opened long enough, or lack
of usage as the reasons for the low &#147;representative&#148; credit score), and Lender underwrites the Mortgage using the underwriting guidelines set forth in the&#160; Selling Guide for Community Lending mortgages coupled with the development
of</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(aa)</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">an acceptable <b><i>nontraditional</i></b> credit profile (under Part X, Section 304.02 of the Selling Guide), or</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(bb)</font></p> </td>
<td width="79%" valign="top"> <p> <font size="2" face="Times New Roman">when the borrower has not yet established a credit history or does not have sufficient credit documentation to meet the requirements for nontraditional credit, an acceptable
&#147;enhanced credit evaluation&#148; for a <b><i>nontraditional limited</i></b> credit profile (&#147;enhanced credit evaluation&#148; for nontraditional limited credit requires both of the following: (i) 12 months rental history with no
delinquencies, and (ii) no delinquencies in the past 12 months for other trade lines, if any). Provided, however, in both of these cases, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished
credit that satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td width="84%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender underwrites the Mortgage using the underwriting guidelines set forth in the Selling Guide for Community Lending mortgages coupled with the development of an
acceptable <i><b>traditional</b> </i>credit profile (under Part X, Section 304.01 of the Selling Guide). Provided, however, a borrower who has a prior bankruptcy or foreclosure in his or her credit history must have reestablished credit that
satisfies the requirements of Part X, Section 803.02 of the Selling Guide.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage; Community Solutions 100 - 6
<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">(3)</font></p> </td>
<td width="84%" valign="top"> <p> <font size="2" face="Times New Roman">The borrower&#146;s credit history was heavily influenced by credit deficiencies that were the result of a documented <u>&#147;extenuating circumstance,&#148;</u> and the
borrower&#146;s credit history has been <u>reestablished</u> and meets the conditions specified in the Selling Guide for the reestablishment of an acceptable credit history following an &#147;extenuating circumstance&#148; (under Part X, Section
803.02 of the Selling Guide).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">In no circumstance may a nontraditional credit evaluation be used to offset derogatory credit.</font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="84%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>15.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">MyCommunityMortgage Mortgages delivered hereunder for which Fannie Mae will obtain &#147;secondary market coverage&#148; (&#147;SMC&#148;) must also comply with the
&#147;secondary market policy&#148; terms of the &#147;Special Requirements&#148; section of this Master Agreement (&#147;SMC Eligible Mortgages&#148;). Lender must comply with the eligibility requirements as determined by the applicable mortgage
insurer. In addition, SMC Eligible Mortgages, (i) if delivered under MBS Delivery, must be delivered under Pool Purchase Contract no. A06304, and (ii) if delivered under Cash Delivery, must be delivered under seller/servicer branch no. 23227-003-9
or 24837-002-5. For SMC Eligible Mortgages, individual loan mortgage insurance providing 35% coverage is required on all Mortgages where the LTV is above 80%. SMC Eligible MyCommunityMortgage Mortgages may be covered under &#147;A Paper&#148; or
&#147;A-Minus&#148; mortgage insurance premium rates as determined by the eligibility requirements of the applicable mortgage insurer.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae anticipates that all SMC Eligible Mortgages will be delivered for coverage under SMC. Nevertheless, with respect to Mortgages that do not comply with the
eligibility requirements of the applicable mortgage insurer for such &#147;secondary market policy&#148; terms or that are not otherwise delivered for coverage under SMC (collectively, &#147;Non-SMC Mortgages&#148;), individual loan mortgage
insurance coverage is required as follows:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">&#149;</font></Div> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 90.01% - 100.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">&#149;</font></Div> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 85.01% -&#160;&#160; 90.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="5%" colspan="2" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">&#149;</font></Div> </td>
<td width="89%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">LTV is 80.01% -&#160;&#160; 85.00%:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25%</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Non-SMC Mortgages, (i) if delivered under MBS Delivery, must be delivered under Pool Purchase Contract no. to be determined, and (ii) if delivered under Cash
Delivery, must be delivered under seller/servicer branch no. 23227-000-4 or 24837-000-9.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">Note: SMC Eligible Mortgages and Non-SMC Mortgages may NOT be delivered under the same Pool Purchase Contract (if delivered under MBS Delivery), or under the same
seller/servicer branch no. (if delivered under Cash Delivery). Nevertheless, SMC Eligible Mortgages may be delivered under the same Pool Purchase Contract or the same seller/servicer branch no. used with non-MyCommunityMortgage loans that comply
with, and are delivered in connection with, the &#147;secondary market policy&#148; terms of the &#147;Special Requirements&#148; section of this Master Agreement.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">The Lender is responsible for determining applicable state requirements relating to mortgage insurance availability for Mortgages having LTVs over 97%. If the
specified mortgage insurance coverage is not available with respect to any mortgage, then such mortgage is ineligible for delivery to Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>16.</b></font></Div> </td>
<td width="94%" colspan="4" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman"><b>Homebuyer Education</b></font></Div> </td> </tr>
<tr>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="94%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman">All first-time borrowers must complete homebuyer education according to the provisions of the Selling Guide for prepurchase homebuyer education.</font></p> </td>
</tr>
<tr >
<td width=36></td>
<td width=36></td>
<td width=4></td>
<td width=32></td>
<td width=613></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage; Community Solutions 100 - 7<br> Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>17.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Delinquency Counseling</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">For all borrowers, Lender must follow the requirements of the Selling Guide and the Servicing Guide for postpurchase early delinquency counseling.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>18.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Allocation</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">These terms and conditions do not contain a specific limitation on the aggregate principal amount of Mortgages that Lender may deliver or a date (other than the applicable
Expiration Date) by which Lender must deliver the Mortgages. However, in order to be able to efficiently allocate the resources that Fannie Mae has made available for this pilot, Fannie Mae may from time to time and at any time set a limit on the
aggregate principal amount of Mortgages that Lender may deliver or terminate Lender&#146;s ability to deliver Mortgages under this pilot. If, after giving consideration to the aggregate principal amount of Mortgages that Lender has delivered and to
the aggregate principal amount of commitments for such Mortgages that Lender has made, Fannie Mae elects to set a limit or terminate Lender&#146;s participation, Fannie Mae will give Lender at least 90 days prior written notice of its intent to do
so.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman"><b>19.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Pricing for Cash Deliveries</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Cash pricing is available through the MORNET Bulletin section of MORNET Manager. The MORNET Bulletin for Cash Pricing is contained in the Secondary Marketing section (Fannie Mae
Pricing; Cash Pricing) of MORNET Manager. The selection is &#147;MyCommunityMortgage Products.&#148; The option for pricing using &#147;Secondary Market Coverage&#148; must be selected for Mortgages delivered for coverage under SMC, and the option
for pricing using &#147;standard&#148; mortgage insurance must be selected for Non-SMC Mortgages. Cash Pricing screens are available for 30-year fixed-rate mortgages and for Eligible ARMs. For fixed-rate mortgages with terms of less than 30 years,
Lender must contact Fannie Mae&#146;s Cash Commitment window at 1-800-752-1080, option #5 Negotiated Pricing, and obtain a negotiated Cash Delivery commitment.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman"><b>20.</b></font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special Feature Code</b></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">For all Mortgages originated under these terms and conditions, Lender is required to enter <b>Special Feature Code &#147;481&#148;</b> on the <u>Loan Schedule</u> (Form 1068) or
<u>Schedule of Mortgages </u>(Form 2005). For<b>Cash</b> deliveries, the <u>Loan Schedule</u> must be transmitted electronically through the MORNET Cash Delivery System&#148;. For MBS deliveries, the <u>Schedule of Mortgages</u> must be submitted
through the MORNET MBS Pool Submission System&#174;.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> HCD - MyCommunityMortgage; Community Solutions 100 - 8<br> Amendment
20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>ATTACHMENT A</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MyCommunityMortgage Pilot Community Solutions 97, Community Solutions
100, and Community Solutions 2-Family Products Eligibility Matrix</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="6%" valign="bottom"> <p><font size="1" face="Times New Roman"><b>Product Option</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Loan Type</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Purpose</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Occupancy</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Other Property Owned</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Non-Occupant Co-borrower</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Units</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Maximum LTV</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Maximum CLTV</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Borrower Income</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Subordinate Financing</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>MI Coverage</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Temporary<br> Interest Rate<br> Buydown</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="7%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%"> <p><font size="1" face="Times New Roman">Community Solutions 97</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">Fixed-Rate Mortgage, 7/1 or 10/1 ARMS</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">PMM or No Cash<br> Out Refinance (Existing UPB of first mortgage rounded to the nearest $100)</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">Owner-Occupied</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">None</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">Not Allowed</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" rowspan="2" > <p align="center"><font size="1" face="Times New Roman">One Unit</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%"> <p align="center"><font size="1" face="Times New Roman">97% (90% for cooperatives)</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="5%" rowspan="3" > <p align=right><font size="1" face="Times New Roman">105</font></p> </td>
<td width="1%" rowspan="3" > <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="6%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">If borrower income exceeds area median income limitations, verify property is in a FannieNeighbors<br> location through Fannie Mae&#146;s geocoding service through
efanniemae.com</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="6%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">Must meet Community Seconds<br> guidelines</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">For SMC-Eligible = 35%<br>for all LTVs<br> For non-SMC=35% for LTVs of over 90-100%<br> 30% for LTVs of over 85-90%<br> 25% for LTVs of over 80-85%</font></p> </td>

<td width="1%"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="7%" rowspan="3" > <p align="center"><font size="1" face="Times New Roman">1/2% over three years</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%"> <p><font size="1" face="Times New Roman">Community Solutions 100</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%"> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%"> <p align=right><font size="1" face="Times New Roman">100</font></p> </td>
<td width="1%"> <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr >
<td width="6%"> <p><font size="1" face="Times New Roman">Community Solutions 2-Family</font></p> </td>
<td width="1%" height=36> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" height=36> <p align="center"><font size="1" face="Times New Roman">2 Units</font></p> </td>
<td width="1%" height=36> <p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" height=36> <p align=right><font size="1" face="Times New Roman">95</font></p> </td>
<td width="1%" height=36> <p><font size="1" face="Times New Roman">%</font></p> </td>
<td width="1%" height=36 valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36 valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36 valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" height=36 valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br>HCD - MyCommunityMortgage; Community
Solutions 100&#160; - 9<i><br></i>Amendment 20</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p><font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">December 5, 2002</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="20%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="20%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 21</font></p> </td> </tr>
<tr>
<td width="20%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company</b> (the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p><font size="2" face="Times New Roman">The
amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace page VAR 1 &#150; 1 through VAR 1 &#150; 4 Amendment 20 (dated 12/5/2002) with VAR 1 &#150; 1 through VAR 1 &#150; 8 Amendment 21
(dated 12/5/2002) behind the Variances tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">New Variance &#150; (a) Replace page VAR/TOC &#150; 1 Amendment 20 (dated 12/5/2002) with VAR/TOC &#150; 1 Amendment 21 (dated 12/5/2002) behind the <i>Variances
</i>tab. (b) Insert pages VAR 5 &#150; 1 through VAR 5 &#150; 5 (dated 12/5/2002) behind the <i>Variances </i>tab<i>.</i></font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contracts</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06302 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 11/14/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 12/5/2002) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06743 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 11/14/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 12/5/2002) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 1<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter Agreement.
The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes </b>at Fannie Mae within ten business days
of the date this Letter Agreement is executed by Fannie Mae. If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie Mae may, at its option, declare this Letter
Agreement null and void.</font></p> <p> <font size="2" face="Times New Roman">Sincerely,</font></p>
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<tr>
<td width="37%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE </small>M<small>AE</small></b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="31%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles<br> Customer Account Manager</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="37%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small><small> AND</small> T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="31%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name: </font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>12-11-02</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="37%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> M<small>ORTGAGE</small> S<small>ERVICES</small></b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="31%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name: </font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="31%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>12-11-02</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>VARIANCES<br> TABLE OF CONTENTS</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="8%" valign="bottom"> <p> <font size="2" face="Times New Roman">VAR 1</font></p> </td>
<td width="91%" valign="bottom"> <p> <font size="2" face="Times New Roman">Bulk Alt A Product FRM</font></p> </td> </tr>
<tr>
<td width="8%" valign="bottom"> <p> <font size="2" face="Times New Roman">VAR 2</font></p> </td>
<td width="91%" valign="bottom"> <p> <font size="2" face="Times New Roman">Desktop Underwriter &#145;Expanded Approval with Timely Payment Rewards<sup>SM</sup>&#146; Initiative</font></p> </td> </tr>
<tr>
<td width="8%" valign="bottom"> <p> <font size="2" face="Times New Roman">VAR 3</font></p> </td>
<td width="91%" valign="bottom"> <p> <font size="2" face="Times New Roman">Relocation Mortgages Guidelines/Trailing Secondary Wage Earner Income</font></p> </td> </tr>
<tr>
<td width="8%" valign="bottom"> <p> <font size="2" face="Times New Roman">VAR 4</font></p> </td>
<td width="91%" valign="bottom"> <p> <font size="2" face="Times New Roman">Other Automated Underwriting Systems</font></p> </td> </tr>
<tr>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman">VAR 5</font></p> </td>
<td width="91%" valign="bottom"> <p> <font size="2" face="Times New Roman">Use of Other Automated Underwriting System (&#145;AUS&#146;) For Certain Mortgages To Be Delivered No Later Than December 31, 2002</font></p> </td> </tr> </table> <p
align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR TOC - 1<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="6%" valign="top"> <p>
<a name="ex948_1"></a><font size="2" face="Times New Roman"><b>VAR 1</b></font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">1.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a verbal
Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so therefore no
debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform Residential Loan
Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application (Form 1003)
and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation
Alt A product.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">5.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as described herein, shall be deemed to be a breach of
warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 1<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
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<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract A06302, A06743, and A06724 (fixed-rate Mortgages). FOR
CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b><u>Attachment 1</u></b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br> No Income &#150; No Ratios/No Asset Verifications</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores: </b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149;&nbsp;&nbsp;Owner Occupied:</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149;&nbsp;&nbsp;2nd Homes</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master
Agreement MA02373.2<br> VAR 1 - 3<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Commission income and independent contractor</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=307></td>
<td width=14></td>
<td width=361></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 30 Year FRM<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Maximum Volume:
$12,242,510.00</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s Underwriting Guidelines or it pays
off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule &#147;A&#148; and as identified on Schedule
&#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal balance
of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 5<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 30 Year FRM<br> Schedule A<br> Profile Summary</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">71</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">12,242,510.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.5</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">73.6</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">73.6</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">359</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 30 Year FRM<br> Schedule B<br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>Non-SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000982817</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001014172</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000939353</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000956985</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000959526</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001063773</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001029675</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001035326</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001009446</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000950848</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000965747</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000889905</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000990638</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000999571</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001017936</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1000989697</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000978328</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036845</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001006418</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000986164</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000973287</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000997864</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000976850</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036662</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001044013</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001058815</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001041530</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000905982</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001013539</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000935781</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000926996</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000999159</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000997898</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000997757</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001017555</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001012127</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000936417</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000904365</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000955698</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001016839</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7 <br> Amendment
21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000994416</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001046489</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000940229</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001014073</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000998466</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001007788</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000953297</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000988129</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000999258</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036704</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000991099</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman"><b>SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000853166</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000988988</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001016862</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000979631</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001013596</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001008737</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001020120</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001030194</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000968683</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001049798</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001014594</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001029709</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000997179</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001051992</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001010030</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001038056</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001045366</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001016995</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000721074</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000947646</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 8 <br> Amendment
21</font></p>

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<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="11%" colspan="2" valign="top"> <p>
<a name="ex948_2"></a><font size="2" face="Times New Roman"><b>VAR 5</b></font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Use of Other Automated Underwriting System (&#145;AUS&#146;) For Certain Mortgages To Be Delivered No Later Than December 31, 2002</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may deliver the 74 (2-4 unit) mortgage loans identified in the attached Schedule &#147;A&#148; having an aggregate outstanding principal balance not to
exceed $12,548,152 that were originated pursuant to the following terms and conditions (the &#147;Mortgages&#148;).</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae recognizes that the Mortgages were submitted for evaluation to an automated underwriting system (&#147;AUS&#148;) other than DU. Lender may deliver the
Mortgages to Fannie Mae in accordance with the provisions of this Variance, provided that Lender acknowledges and agrees not to use these provisions in any manner that would adversely select or harm Fannie Mae and:</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The Mortgages meet Fannie Mae&#146;s eligibility requirements described in the Fannie Mae Selling Guide, as modified by the Master Agreement or the DU Guide, as any
of the foregoing may be amended from time to time.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">2.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Such Mortgages must receive a recommendation of &#147;standard accept&#148; (either full or streamlined documentation levels) or &#147;accept plus&#148; from the
other AUS.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All data pertaining to the Mortgage is complete and accurate, and all data on which the underwriting decision recommended by the other AUS was based remain unchanged
as of the closing date for such Mortgage.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Such Mortgages must be documented and closed in accordance with the requirements of the other AUS, except with respect to the appraisal requirements, as provided in
Paragraph 13 below. Verification of all such data is provided with the delivered Mortgage loan file and such verification complies with the requirements of the other AUS. Lender must take all appropriate action in response to the verification
messages/approval conditions that appear in the &#147;findings&#148; report that the other AUS produces with respect to the related Mortgage loan application prior to the closing of the Mortgage, with proper documentation in the loan file. Lender
represents and warrants that copies of all reports generated by the other system will be included in the loan file, and that Lender is not prohibited from providing such copies.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With the exception of Mortgages that are otherwise eligible for delivery under the Master Agreement or DU, Mortgages receiving a recommendation of &#147;standard
accept&#148; (either full or streamlined documentation levels) or &#147;accept plus&#148; from the other AUS are not eligible for delivery under this Variance if the recommendation (a) includes a requirement for additional fees, credit enhancements,
or other special conditions, except as otherwise expressly provided in Paragraph 9 below, or (b) the mortgage insurance coverage level obtained is lower than required per Fannie Mae&#146;s Selling Guide, even if a reduced level of coverage is
permitted by the other AUS recommendation.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">6.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender and Fannie Mae must mutually agree upon any AUS employed by Lender prior to the delivery of such Mortgages to Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="93%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">For all Mortgages, Lender must enter the borrower&#146;s representative FICO credit score into the appropriate data field when submitting the Mortgage to Fannie Mae
in accordance with the Fannie Mae Selling Guide.</font></p> </td> </tr>
<tr >
<td width=47></td>
<td width=33></td>
<td width=641></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 5 - 1<br> Amendment 21</font></p>

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<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Except as otherwise provided herein, Lender makes all applicable selling representations and warranties as required by the Fannie Mae Selling Guide and the Mortgage
Selling and Servicing Contract by and between Lender and Fannie Mae.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">9.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The provisions of this Variance do not apply to any mortgage that is currently required by Fannie Mae to be submitted to DU for evaluation (&#147;DU-Only
Products&#148;) (e.g., Flexible Mortgages), and such mortgages must be processed through DU and receive an acceptable recommendation in order to be eligible for delivery to Fannie Mae, except as follows: if there is a Mortgage product available in
the other AUS that is equivalent to a DU-Only Product (as determined by Fannie Mae), then such Mortgage is eligible for delivery to Fannie Mae, subject at delivery to the (a) payment of all loan level price adjustments or special all-in yield
pricing applicable to the equivalent DU-Only Product, and (b) identification by any special feature code applicable to the equivalent DU-Only Product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">10.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">At delivery, Lender must:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">identify all Mortgages underwritten using an AUS other than DU in accordance with this Variance by inserting the following Special Feature Code(s) on the Loan Schedule or
Schedule of Mortgages, as applicable: (i) &#147;361&#148; for all Mortgages, and (ii) any other special feature code loan that would be required if the Mortgage had been submitted to DU prior to delivery; and</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">pay all applicable loan level price adjustments required under Fannie Mae&#146;s eligibility criteria.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">11.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">For Mortgages meeting the requirements set forth in this Variance, Fannie Mae will not require Lender to warrant that the Mortgage complies with the Fannie Mae
Selling Guide&#146;s requirements with regard to the application of underwriting judgment used by the AUS as it pertains to the borrower&#146;s creditworthiness, provided the information that the other AUS used to reach its decision was not
inaccurate or fraudulent.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">12.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae will analyze the credit risks associated with such Mortgages and will provide Lender with the results of this analysis. If this analysis contains any
credit score data or other consumer credit data under the FCRA, it is being provided to Lender as Fannie Mae&#146;s agent for the limited purpose of reviewing such Mortgages to determine their conformance with Fannie Mae&#146;s requirements. Upon
request, Lender will provide to Fannie Mae any data or information relating to the Mortgages delivered to Fannie Mae that were processed through the other AUS, and Lender represents and warrants that Lender is not prohibited from providing such data
or information to Fannie Mae. If Fannie Mae&#146;s analysis indicates that a significant number of such Mortgages contained a high risk of default, Lender and Fannie Mae will work together to identify and implement product or process changes to
reduce the number of such high risk Mortgages expected to be delivered during the following quarter (or, in lieu of product or process changes, Lender and Fannie Mae may discuss prospective price adjustments to compensate Fannie Mae for the risks
associated with such Mortgages). If Fannie Mae and Lender cannot agree on the appropriate actions to be taken during the following quarter to address high risk Mortgages, then Fannie Mae reserves the right to discontinue accepting such
Mortgages.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 5 - 2<br> Amendment 21</font></p>

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<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">13.</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages underwritten using the other AUS, the property value must be supported by an interior and exterior appraisal performed using the Desktop
Underwriter Quantitative Analysis Appraisal Report (Form 2055) in accordance with the requirements in the DU Guide, regardless of the finding by the other AUS. If a Mortgage is not eligible for Form 2055, per the DU Guide, then a full appraisal in
accordance with the Fannie Mae Selling Guide is required.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">14.</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">If Fannie Mae determines that Lender is using these provisions in any manner that is adversely selecting or harming Fannie Mae, then Fannie Mae may terminate Lender&#146;s
ability to deliver Mortgages underwritten by the other AUS upon 90-days notice.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">15.</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages underwritten using the other AUS may only be delivered to Fannie Mae through December 31, 2002.</font></p> </td> </tr> </table> <p align="center"> <font size="2"
face="Times New Roman">Master Agreement MA02373.2<br> VAR 5 - 3<br> Amendment 21</font></p>

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  <p align="center"> <font size="2" face="Times New Roman"><b>Schedule &#147;A&#148;<br> Schedule of Mortgage Loans</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000944569</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000951853</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000955946</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000961258</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000966992</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000969418</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000974228</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000978633</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1000988020</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000994531</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000995280</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000999506</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000999605</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001002284</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001002573</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001003662</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001003688</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001003886</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001006103</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001006111</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001007945</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001011400</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001011418</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001012770</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001013570</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001016813</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001018652</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001022605</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001022654</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001024312</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001027091</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001027273</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001027521</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001027935</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001028032</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001029154</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001029683</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001030244</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001031713</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001032422</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001033503</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001033842</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 5 - 4<br> Amendment
21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001034402</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036530</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001036886</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036902</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036936</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001037058</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001037538</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001037918</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001037942</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001039187</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001040417</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001040524</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001040573</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001040771</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001040854</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001041951</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001044633</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001046083</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001046281</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001048238</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001051141</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001051414</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001053253</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001053410</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001064144</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001066180</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001066834</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001069507</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001069838</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001071784</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001081502</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001088275</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 5 - 5<br> Amendment
21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$: 40,400,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>December 1, 2002 - December 1, 2002</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <p><font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Crescent
Credit Plus Fixed-Rate Mortgage Product.<br> See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie Mae
guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 1<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>December 1, 2002 - December 1, 2002</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>41.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 2<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right><font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$25,500,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>December 1, 2002 - December 1, 2002</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Lender
is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.<br> Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage
Product &gt; 80% LTV.<br> See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie Mae guidelines or the Alt-A
guidelines incorporated in this Master Agreement.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 1 <br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>December 1, 2002</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>35.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 2<br> Amendment 21</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">December 18, 2002</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="20%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="20%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 22</font></p> </td> </tr>
<tr>
<td width="20%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company </b>(the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p><font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the summary
set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p> <font size="2" face="Times New Roman">The
amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace pages VAR 1 &#150; 1 through VAR 1 &#150; 21 (dated 12/15/2002) with pages VAR 1 &#150; 1 through VAR 1 &#150; 11 (dated 12/18/2002)
behind the <i>Variances </i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contract Numbers &#150;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06302 &#150; Replace page FRM &#150; 1 (dated 12/5/2002) with page FRM &#150; 1 (dated 12/18/2002) behind the <i>Fixed-Rate </i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06724 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 11/22/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 12/18/2002) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06743 &#150; Replace pages FRM &#150; 1 (dated 12/5/2002) with page FRM &#150; 1 (dated 12/18/2002) behind the <i>Fixed-Rate </i>tab.</font></p> </td> </tr> </table> <p
align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 1<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter Agreement.
The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes</b> at Fannie Mae within ten business days
of the date this Letter Agreement is executed by Fannie Mae. If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie Mae may, at its option, declare this Letter
Agreement null and void.</font></p> <p> <font size="2" face="Times New Roman">Sincerely, </font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="37%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="32%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="32%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="32%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles<br> Customer Account Manager</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small><small> AND</small> T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="37%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="32%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="32%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="32%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="32%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="32%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>12-20-02</b></font></p> </td>
<td width="62%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>VAR 1</b></font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="5%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a
verbal Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so
therefore no debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform
Residential Loan Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application
(Form 1003) and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation Alt
A product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">3.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="38%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br>
VAR 1 - 1<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mae&#146;s underwriting criteria or any modification thereof, as described herein, shall be deemed to be a breach of warranty by Lender, as provided in the Selling
Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract A06302, A06743, and A06724 (fixed-rate Mortgages). FOR
CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>Attachment 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br> No Income &#150; No Ratios/No Asset Verifications</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="1%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 3<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align=center border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria: </b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=306></td>
<td width=14></td>
<td width=361></td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Commission income and independent contractor</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br>
Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 30-Year FRM<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Maximum Volume:
$6,151,875.00</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s Underwriting Guidelines or it pays
off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule &#147;A&#148; and as identified on Schedule
&#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal balance
of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 5<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 30 Year FRM<br> Schedule A<br> Portfolio Summary<br> 30-year Fixed-Rate with SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">12</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,801,735.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.6</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">88.9</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">88.9</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA MTMLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">88.9</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">360</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman"><b>30-year Fixed-Rate Non-SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">29</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,350,140.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.4</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">69.9</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">69.9</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA MTMLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">69.9</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">360</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Approved</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">96.56</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Referred</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct RWC</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3.44</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 30 Year FRM<br> Schedule B<br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman"><b>30-year with SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001085768</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000853620</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001019130</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001020666</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001017894</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001050549</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001032836</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001060381</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001062312</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001097193</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000791333</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000992220</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>30-year non-SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001073269</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001041415</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001049020</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001036316</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001054822</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001008232</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001014545</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001004215</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001027802</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000990711</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000984623</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001035995</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001050655</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001053022</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001058633</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001013042</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001061173</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001057551</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001052107</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001038395</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000990836</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001016219</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001059227</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001026614</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001051786</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001040441</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036266</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001045960</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001067832</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment
22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 15-Year FRM<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Maximum Volume:
$4,133,100.00</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s Underwriting Guidelines or it pays
off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule &#147;A&#148; and as identified on Schedule
&#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal balance
of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 8<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 15-Year FRM<br></b><b>Schedule A<br> Portfolio Summary</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">32</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,133,100.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">5.9</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">61.2</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">61.2</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA MTMLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">61.2</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">180</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Approved</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Referred</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct RWC</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 9<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>December 2002 15-Year FRM<br> Schedule B <br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001023843</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000982015</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000992808</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000863777</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001071479</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001071354</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001062452</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001038312</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001031754</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001032133</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001033040</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001051026</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001011160</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001031333</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001036498</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001016193</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001042470</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001046869</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001045630</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001050440</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001026309</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001090362</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001064334</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001057056</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001070372</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001041373</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000995967</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001009321</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000957686</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001042645</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001047784</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001047537</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 10<br> Amendment
22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$144,900,550.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>December 1, 2002 &#150; December 1, 2002</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br>
Crescent Credit Plus Fixed-Rate Mortgage Product.<br> See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie
Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 1<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$14,400,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>December 1, 2002 - December 1, 2002</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=290></td>
<td width=14></td>
<td width=361></td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Lender is allowed a
maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No.
A06724.2<br> FRM - 1<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br>MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>25.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman"><b>*</b> If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee is
subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool
Purchase Contract No. A06724.2<br> FRM - 2<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right><font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$29,500,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>December 1, 2002 - December 1, 2002</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option: </font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=290></td>
<td width=14></td>
<td width=361></td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Lender is allowed a
maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.<br>Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage Product &gt; 80%
LTV.<br> See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie Mae guidelines or the Alt-A guidelines
incorporated in this Master Agreement.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 1<br> Amendment 22</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">January 7, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="15%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="35%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="35%" valign="top"> <p><font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 23</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="35%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company </b>(the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p> <font size="2"
face="Times New Roman">The amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="92%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace pages VAR 1 &#150; 11 (dated 12/18/2002) with pages VAR 1 &#150; 11 (dated 1/7/2003) behind the <i>Variances </i>tab.</font></p>
</td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="92%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="92%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contracts &#150;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="86%" valign="top"> <p> <font size="2" face="Times New Roman">A06302 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 12/18/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="86%" valign="top"> <p> <font size="2" face="Times New Roman">A06724 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 12/18/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="86%" valign="top"> <p> <font size="2" face="Times New Roman">A06743 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 12/18/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="86%" valign="top"> <p> <font size="2" face="Times New Roman">A06808 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 12/5/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 1<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(e)</font></p> </td>
<td width="86%" valign="top"> <p> <font size="2" face="Times New Roman">A06810 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 12/5/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) behind the <i>Fixed-Rate</i>
tab.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(f)</font></p> </td>
<td width="86%" valign="top"> <p> <font size="2" face="Times New Roman">A06901 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 11/22/2002) with pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) behind the <i>Fixed-Rate</i>
tab.</font></p> </td> </tr> </table> <p><font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter
Agreement. The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes </b>at Fannie Mae within ten
business days of the date this Letter Agreement is executed by Fannie Mae. If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie Mae may, at its option, declare this
Letter Agreement null and void.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
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<td width="50%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">Sincerely,</font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="50%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F</b><small><b>ANNIE</b></small> <b>M</b><small><b>AE</b></small></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles</b></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Customer Account Manager</b></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C</b><small><b>RESCENT</b></small> <b>B</b><small><b>ANK</b></small> <small><b>AND</b></small> <b>T</b><small><b>RUST</b></small>
<b>C</b><small><b>OMPANY</b></small></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="44%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>1-8-03</b></font></p> </td>
<td width="50%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 23</font></p>

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<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
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<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>VAR 1</b></font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="5%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a verbal
Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so therefore no
debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform Residential Loan
Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application (Form 1003)
and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation
Alt A product.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">3.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u>
(&#145;&#145;Lender&#146;s Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in
accordance with Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of
<u>Attachment 1</u>. Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of</font></p> </td> </tr>
<tr >
<td width=36></td>
<td width=35></td>
<td width=1></td>
<td width=649></td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 1<br> Amendment 23</font></p>

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<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as
described herein, shall be deemed to be a breach of warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract A06302, A06743, and A06724 (fixed-rate Mortgages). FOR
CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>Attachment 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br></b>No Income &#150; No Ratios/No Asset Verifications</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 3<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=306></td>
<td width=15></td>
<td width=360></td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Commission income and independent contractor</b></font></p> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br>
Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 30-Year FRM<br>Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Maximum Volume:
$11,370,730</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s Underwriting Guidelines or it pays
off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule &#147;A&#148; and as identified on Schedule
&#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal balance
of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 5<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 30 Year FRM<br> Schedule A<br> Portfolio Summary<br> 30-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">68</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">11,370,730.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.4</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">76.0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">76.0</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">360</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>VAR 1 - 6<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 30 Year FRM<br></b><b>Schedule B<br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001001039</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001003415</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000952455</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000979383</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000962306</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001043692</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001051406</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001042835</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001040052</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001063641</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001055902</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001028461</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001019825</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000903516</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000696730</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001092285</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001076692</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001079969</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001068616</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001072279</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001071370</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001085008</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001105582</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001066990</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001067295</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001079456</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001001161</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001065828</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001064821</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001075264</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001114592</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001074622</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001065794</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001087533</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001098704</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001031762</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001027067</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001106945</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001071990</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001080405</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment
23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001020880</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001113248</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001000676</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001056785</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001107414</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001075249</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000999126</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001130267</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001082179</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001053063</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001072014</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001070455</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001069499</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001104163</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001100922</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001038437</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000972727</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001084027</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001064458</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001068814</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001079316</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001074887</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001064474</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001067709</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001032273</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001044807</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000974798</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001070034</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 8<br> Amendment
23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 15-Year FRM<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Maximum Volume:
$3,967,800</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s Underwriting Guidelines or it pays
off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule &#147;A&#148; and as identified on Schedule
&#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal balance
of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 9<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 15-Year FRM<br> Schedule A<br> Portfolio Summary</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">26</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3,967,800.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">5.7</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">63.2</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">63.2</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">180</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 10<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 15-Year FRM<br> Schedule B<br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000997294</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001064045</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001064052</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001062361</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001062429</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001079530</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001069242</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001088945</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001101128</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001077096</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001027307</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001037165</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001061264</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001084126</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001061835</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000926137</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001061843</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000998482</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001047123</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001053089</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001065950</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001063625</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001093382</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001077393</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001068319</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000998698</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>VAR 1 - 11<br> Amendment
23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="4" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$155,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and
applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="6" valign="top"> <p><font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="6" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="6" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="6" valign="top"> <p> <font size="2" face="Times New Roman">Crescent Credit Plus Fixed-Rate Mortgage Product.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="6" valign="top"> <p> <font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such
Mortgages meet standard Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=272></td>
<td width=13></td>
<td width=1></td>
<td width=89></td>
<td width=290></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 1<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>41.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 2<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$19,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Lender is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis
points.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=269></td>
<td width=14></td>
<td width=92></td>
<td width=290></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 1<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>27.50 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing
Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the
current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a
revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty
Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 2<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"><font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$32,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and
applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Lender is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis
points.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage Product &gt; 80% LTV.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such
Mortgages meet standard Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=269></td>
<td width=14></td>
<td width=92></td>
<td width=290></td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 1<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>35.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 2<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06808.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-, 25- and 30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$42,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>340 - Level I Expanded Approval, 341 - Level II Expanded Approva, 342 - Level III Expanded Approv, 361 - 3rd Autom U-Writng SYS, 376 - Level III TPR, 459 - Level
II Timely Payment R, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">20-, 25-, and 30-year Fixed Rate Mortgages with LTVs &lt;= 80%.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=269></td>
<td width=14></td>
<td width=92></td>
<td width=290></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06808.2<br> FRM - 1<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right><font size="2" face="Times New Roman"><b>Contract No. A06808.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust Company<br>
MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master Conversion
governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>20-, 25- and 30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>15.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p><font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool
Purchase Contract No. A06808.2<br> FRM - 2<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06810.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$25,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>340 - Level I Expanded Approval, 341 - Level II Expanded Approva, 342 - Level III Expanded Approv, 361 - 3rd Autom U-Writng SYS, 376 - Level III TPR, 459 - Level
II Timely Payment R, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">10- and 15-Year Fixed Rate Mortgages with LTVs &lt;= 80%.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=269></td>
<td width=14></td>
<td width=92></td>
<td width=290></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06810.2<br> FRM - 1<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06810.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A *</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>13.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool
Purchase Contract No. A06810.2<br> FRM - 2<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06901.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$5,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>281 - Financed Prem Opt LTV 90, 361 - 3rd Autom U-Writng SYS, 442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling
Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages delivered under this contract are eligible for Radian Secondary Market Coverage.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=269></td>
<td width=14></td>
<td width=92></td>
<td width=290></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06901.2<br> FRM - 1<br> Amendment 23</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06901.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/A * </b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>24.50 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">*&nbsp;&nbsp;&nbsp;If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee
is subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool
Purchase Contract No. A06901.2<br> FRM - 2<br> Amendment 23</font></p>

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<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p><font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">January 15, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="14%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="14%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 24</font></p> </td> </tr>
<tr>
<td width="14%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company </b>(the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p><font size="2" face="Times New Roman">The
amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variances &#150; Replace pages VAR 1 &#150; 1 through VAR 1 &#150; 11 (dated 1/7/2003) with pages VAR 1 &#150; 1 through VAR 1 &#150; 8 (dated 1/15/2003)
behind the Variances tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contracts &#150;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06302 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) with pages FRM &#150; 1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br> and FRM &#150; 2
(dated 1/15/2003) behind the <i>Fixed-Rate </i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06743 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) with pages FRM &#150; 1<br> and FRM &#150; 2 (dated 1/15/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter
Agreement. The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes </b>at Fannie Mae within ten
</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>LE - 1<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p><font size="2" face="Times New Roman">business days of the date this Letter Agreement is executed by Fannie Mae. If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the
Lender within ten business days, Fannie Mae may, at its option, declare this Letter Agreement null and void.</font></p>
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<tr>
<td width="36%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">Sincerely,</font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="36%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="36%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="36%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="30%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="30%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="30%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles <br> Customer Account Manager</b></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="36%" colspan="2" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="bottom"> <p> <font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td> </tr>
<tr>
<td width="36%" colspan="2" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="36%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman"><b>C<small>RESCENT </small>B<small>ANK </small><small>AND </small>T<small>RUST </small>C<small>OMPANY</small></b></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="30%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="30%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="30%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="30%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="30%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="30%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>1-12-03</b></font></p> </td>
<td width="63%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 24</font></p>

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  <p> <font size="2" face="Times New Roman"><b>VAR 1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bulk ALT A Product</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">1.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a verbal
Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so therefore no
debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform Residential Loan
Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application (Form 1003)
and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation
Alt A product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">5.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 1<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as
described herein, shall be deemed to be a breach of warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract A06302, A06743, and A06724 (fixed-rate Mortgages). FOR
CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>Attachment 1 </b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br> No Income &#150; No Ratios/No Asset Verifications</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65% with
a credit score of 680.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 3<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=249></td>
<td width=22></td>
<td width=411></td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="40%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p><font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income </b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Commission income and independent contractor </b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br>
Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 Second Deal 30-Year FRM<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Maximum
Volume: $10,118,840</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s Underwriting Guidelines or it
pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule &#147;A&#148; and as identified on
Schedule &#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal
balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 5<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"><font size="2" face="Times New Roman"><b>January 2003 Second Deal 30 Year FRM<br> Schedule A<br> Portfolio Summary<br> 30-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="3%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">59</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="3%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td align="Left" width="25%" valign="top"> <p align=right> <font size="2" face="Times New Roman">10,118,840.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="3%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.4</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="3%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top"> <p align=right> <font size="2" face="Times New Roman">74.8</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="3%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">74.8</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="3%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top"> <p align=right> <font size="2" face="Times New Roman">359</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="3%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="3%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top"> <p align=right> <font size="2" face="Times New Roman">2</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pet Full/Alt Doc</font></Div> </td>
<td width="3%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="3%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" width="25%" valign="top"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 30 Year FRM<br> Schedule B<br> Lender Loan Numbers with <i>&amp; </i>without SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="48%">
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="1" face="Times New Roman"><b>Loan Number</b></font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>UPB</b></font></p> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="3%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1000999761</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">96,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001005600</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">177,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001026895</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">200,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001034535</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100,068.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001064904</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">264,200.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001070471</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">190,700.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001070505</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">121,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001074812</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">202,500.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001076650</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">211,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001077799</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">140,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001081296</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">147,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001081585</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">151,300.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001085735</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">215,400.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001086329</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">125,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001089026</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">149,200.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001091113</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">80,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001094273</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">119,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001097144</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">228,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001097524</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">181,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001098357</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">150,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001099488</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">238,400.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001101342</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">157,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001101904</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">247,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001105871</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">188,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001107380</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">229,250.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001110129</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">173,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001112521</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">240,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001113404</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">145,600.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001113800</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">118,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001114410</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">190,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001115615</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">240,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001116019</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">290,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001116761</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">235,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001117843</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">148,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001118106</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">83,350.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001122629</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">127,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001124807</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">83,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001126711</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001127008</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">211,400.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001128857</font></Div> </td>
<td width="5%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">157,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="48%">
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001131463</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">220,400.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001135787</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">107,200.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001135928</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">252,122.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001137254</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">130,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001143153</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">204,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001149788</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">87,500.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1000915403</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">157,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001092384</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">165,750.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001055936</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">103,500.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001058302</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">205,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001106135</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">143,100.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001106457</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">313,200.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001109295</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">79,200.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001113677</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">161,500.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001116712</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">270,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001129707</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">211,500.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001139227</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">76,500.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001142445</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">175,000.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="64%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001153228</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">207,000.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 8<br> Amendment
24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$163,500,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and
applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Crescent Credit Plus Fixed-Rate Mortgage Product.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p><font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such
Mortgages meet standard Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=272></td>
<td width=14></td>
<td width=89></td>
<td width=290></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 1<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>41.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 2<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right><font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>$32,500,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and
applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td>
<td width="53%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Lender is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis
points.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage Product &gt; 80% LTV.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="5" valign="top"> <p> <font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such
Mortgages meet standard Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=269></td>
<td width=14></td>
<td width=92></td>
<td width=290></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 1<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>35.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 2<br> Amendment 24</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">January 21, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 25</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company </b>(the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p> <font size="2"
face="Times New Roman">The amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace pages VAR 1 &#150; 1 through VAR 1 &#150; 8 (dated 1/15/2003) with pages VAR 1 &#150; 1 through VAR 1 &#150; 1 through VAR 1 &#150; 7 (dated
1/21/2003) behind the <i>Variances </i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="95%" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contract Number A06724 &#150; Replace page FRM &#150; 1 (dated 1/7/2003) with page FRM &#150; 1 (dated 1/21/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter
Agreement. The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes </b>at Fannie Mae</font></p> <p
align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 1<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">within ten business days of the date this Letter Agreement is executed by Fannie Mae. If Fannie Mae does not receive an executed duplicate original of this Letter Agreement
from the Lender within ten business days, Fannie Mae may, at its option, declare this Letter Agreement null and void.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="35%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">Sincerely,</font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="29%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID </small>A. B<small>OWLES</small></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>David A. Bowles <br> Customer Account Manager</b></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" colspan="2" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="bottom"> <p> <font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td> </tr>
<tr>
<td width="35%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="35%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT </small>B<small>ANK</small> <small>AND</small> T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="29%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="29%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p><font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="29%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="29%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>1-24-03</b></font></p> </td>
<td width="64%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman"><b>VAR 1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bulk ALT A Product</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a verbal
Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so therefore no
debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform Residential Loan
Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application (Form 1003)
and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation
Alt A product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">3.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement
MA02373.2<br> VAR 1 - 1<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Mae&#146;s underwriting criteria or any modification thereof, as described herein, shall be deemed to be a breach of warranty by Lender, as provided in the Selling
Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract A06302, A06743, and A06724 (fixed-rate Mortgages). FOR
CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b><u>Attachment 1</u></b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br> No Income &#150; No Ratios/No Asset Verifications</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="39%" colspan="3" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="3%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="3%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="1%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr>
<tr >
<td width=14></td>
<td width=0></td>
<td width=271></td>
<td width=22></td>
<td width=414></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 3<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required. </font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=249></td>
<td width=22></td>
<td width=411></td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="40%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="3%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="3%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="57%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income </b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Commission income and independent contractor </b></font></p> </td>
<td width="3%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br>
Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 Third Deal 15-Year FRM<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Maximum
Volume: $2,442,700</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s Underwriting Guidelines or it
pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule &#147;A&#148; and as identified on
Schedule &#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal
balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 5<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 Third Deal 15 Year FRM<br> Schedule A<br> Portfolio Summary<br> 15-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">18</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="27%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,442,700.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">5.8</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">63.6</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">63.6</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">180</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="27%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>January 2003 15 Year FRM<br> Schedule B<br> Lender Loan Numbers without SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="30%">
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001063013</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">182,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1000949642</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">123,500.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001147584</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100,200.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001033123</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">87,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001114519</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">235,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001065976</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">132,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001084399</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">53,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001088473</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">101,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001050291</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">150,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001130846</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">125,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001141900</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">170,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001095932</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">135,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001119914</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">166,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001118650</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">170,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001106978</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">65,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001067162</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">257,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">1001096252</font></Div> </td>
<td width="6%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">52,000.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="47%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">1001087152</font></Div> </td>
<td width="6%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px">&nbsp;</Div> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">139,000.00</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="49%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="49%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$21,500,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003 - January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br>Lender is allowed a maximum buyup to 22.50 basis points with the expectation
that Lender will manage<br>deliveries to a weighted average buyup of 16.00 basis points.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 1<br> Amendment 25</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">February 10, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="15%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 26</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p><font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company </b>(the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p> <font size="2"
face="Times New Roman">The amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace pages VAR 1 &#150; 1 through VAR 1 &#150; 8 (dated 1/15/2003) with pages VAR 1 &#150; 1 through VAR 1 &#150; 12 (dated 2/11/2003)
behind the <i>Variances </i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Add Pool Purchase Contract Numbers &#150;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">A06302 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 1/15/2003) with pages FRM &#150; 1 and FRM &#150; 2 (dated 2/11/2003) behind the <i>Fixed-Rate</i>
tab.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">A06724 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 1/7/2003) with pages FRM &#150; 1 and FRM &#150; 2 (dated 2/11/2003) behind the <i>Fixed-Rate</i>
tab.</font></p> </td> </tr>
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<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">A06743 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 1/15/2003) with pages FRM &#150; 1 and FRM &#150; 2 (dated 2/11 /2003) behind the <i>Fixed-Rate</i>
tab.</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter
Agreement. The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 1<br>
Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes</b> at Fannie Mae within ten business days of the date this Letter Agreement is executed by Fannie
Mae. If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie Mae may, at its option, declare this Letter Agreement null and void.</font></p> <p> <font size="2"
face="Times New Roman">Sincerely,</font></p>
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<td width="100%" colspan="3" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="71%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>David A. Bowles</b></font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Customer Account Manager</b></font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="28%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small><small> AND </small>T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="71%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2-12-03</b></font></p> </td>
<td width="71%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 26</font></p>

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<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>VAR 1</b></font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="5%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="85%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
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<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a
verbal Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
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<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so
therefore no debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
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<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform
Residential Loan Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application
(Form 1003) and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="87%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation Alt
A product.</font></p> </td> </tr>
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<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">2.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="5%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that Fannie Mae does not waive any of such
representations and warranties of Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as described herein, shall be deemed to be a breach of
warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr>
<tr >
<td width=51></td>
<td width=36></td>
<td width=20></td>
<td width=614></td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 1<br> Amendment 26</font></p>

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<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract A06302, A06743, and A06724 (fixed-rate Mortgages). FOR
CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="89%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 26</font></p>

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<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>Attachment 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br> No Income &#150; No Ratios/No Asset Verifications</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="52%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="52%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 3<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=285></td>
<td width=14></td>
<td width=382></td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="53%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="53%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Commission income and independent contractor</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. </font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br>
Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 First Deal 15-Year FRM without SMC<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Maximum Volume: $4,700,000</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A-1&#148; unless the Mortgage doesn&#146;t meet
Lender&#146;s Underwriting Guidelines or it pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in
Schedule &#147;A-1&#148; and as identified on Schedule &#147;B-1&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A-1&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the
loan-to-value ratio based upon the issue date principal balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"><font size="2" face="Times New Roman">Master Agreement
MA02373.2<br> VAR 1 - 5<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 First Deal 15 Year FRM without SMC<br> Schedule A-1<br> Portfolio Summary<br> 15-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="57%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="7%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">34</font></p> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="7%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="24%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,738,285</font></p> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="7%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">5.7</font></p> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="7%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">61.8</font></p> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="7%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">61.8</font></p> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="7%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">179</font></p> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="7%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="7%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2</font></p> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="7%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.0</font></p> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="57%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="7%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="24%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100</font></p> </td>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 15 Year FRM<br> Schedule B-1<br> Lender Loan Numbers without SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="15%">
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001058310</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001003654</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001104296</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001128998</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001075413</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001095304</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001085446</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001186749</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001140282</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001142049</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001142023</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001139169</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman">1001163540</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001137023</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001135332</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001141454</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001121548</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001121282</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001108024</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001098589</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001094380</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001178480</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001176120</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001070927</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001091022</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001152527</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001152584</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001152550</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001159555</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001148822</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman">1001148913</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001165263</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001123296</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001144755</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment
26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 First Deal 30-Year FRM with &amp; without SMC<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Maximum Volume:&nbsp;&nbsp;$13,900,000</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A-2&#148; unless the Mortgage doesn&#146;t
meet Lender&#146;s Underwriting Guidelines or it pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in
Schedule &#147;A-2&#148; and as identified on Schedule &#147;B-2&#148; for loans without SMC and Schedule &#147;B-3&#148; for loans with SMC. The term &#147;CLTV&#148; used in Schedule &#147;A-2&#148; and this Contract is the &#147;Current
Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio based upon the issue date principal balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p
align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 8<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 First Deal 30 Year FRM with &amp; without SMC<br> Schedule A-2<br> Portfolio Summary<br> 30-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">80</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="22%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">13,971,608</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.3</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">70.5</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">70.5</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">359</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2</font></p> </td>
<td width="1%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="1%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="22%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">100</font></p> </td>
<td width="1%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 9<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 30 Year FRM<br> Schedule B-2<br> Lender Loan Numbers without SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="15%">
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001102407</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001123353</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001113883</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001113420</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001079787</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001095106</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000960722</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000959435</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000662286</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001168960</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001168762</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001186178</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001142247</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001147659</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001149317</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001148038</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001135357</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001137510</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001160801</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001160769</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001163953</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001164563</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001146206</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001145299</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001139425</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001128535</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001146966</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001110996</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001114089</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001094398</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001094992</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000965754</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001061355</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001068996</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001066552</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001044336</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000929313</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001178134</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001188471</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001184538</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 10<br> Amendment
26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="15%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001100187</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001100294</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001103082</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001114204</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001115540</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001108701</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001107679</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001087897</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001152808</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001152998</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001149549</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001166014</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001167277</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001128782</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001126166</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001128006</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001130531</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001130861</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001130788</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001120722</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001119872</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001125622</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001143070</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001144789</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001133840</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001138138</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001136488</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001137114</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 11<br> Amendment
26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 30 year FRM<br> Schedule B-3<br> Lender Loan Numbers with SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="15%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001100096</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001147352</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001131646</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001159951</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001127321</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001085800</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001108362</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001178399</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000982122</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001084803</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001156494</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001141546</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 12<br> Amendment
26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="41%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="50%" colspan="2" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="41%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services </b></font></p> </td>
<td width="50%" colspan="2" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4 </b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="41%" valign="top"> <p><font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" colspan="2" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="41%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" colspan="2" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="41%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" colspan="2" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="41%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" colspan="2" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$175,400,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 &#150; February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr>
<tr >
<td width=56></td>
<td width=302></td>
<td width=3></td>
<td width=361></td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b><br>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Crescent Credit Plus
Fixed-Rate Mortgage Product.<br>See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie Mae guidelines or the
Alt-A guidelines incorporated in this Master Agreement.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 1<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 &#150; February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>41.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"><font
size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 2<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align=right>&nbsp;</p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$26,200,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 &#150; February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Lender is allowed a maximum buyup to 22.50 basis points with the
expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br>FRM - 1<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust Company
<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools <br> formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 - February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>26.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (see additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 2<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT <br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right><font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase <br> Transactions for Delivery during First <br> Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$34,600,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools <br> formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 &#150; February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Lender is allowed a maximum buyup to 22.50 basis
points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.<br> Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage Product &gt; 80% LTV.<br> See Schedule
&#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master
Agreement.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 1<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust Company
<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools <br> formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 &#150; February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>35.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="55%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 2<br> Amendment 26</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">February 19, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy <br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285<br> 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="15%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 27</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company</b> (the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p><font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the summary
set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p> <font size="2" face="Times New Roman">The
amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="91%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variances &#150; Replace page VAR 1 &#150; 1 through 12 (dated 2/11/2003) with pages VAR 1 &#150; 1 through 8 (dated 2/19/2003) under the Variance
Tab.</font></p> </td> </tr>
<tr>
<td width="8%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="91%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="91%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contracts &#150;</font></p> </td> </tr>
<tr>
<td width="8%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="83%" valign="top"> <p> <font size="2" face="Times New Roman">Replace Pool Purchase Contract No. A06302, pages FRM &#150; 1 through 2 (dated 2/11/2003) with pages FRM - 1 through 2 (dated 2/19/2003) under the Fixed-Rate Tab.</font></p>
</td> </tr>
<tr>
<td width="8%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="83%" valign="top"> <p> <font size="2" face="Times New Roman">Replace Pool Purchase Contract No. A06724, page FRM &#150; 1 (dated 2/11/2003) with page FRM - 1 (dated 2/19/2003) under the Fixed-Rate Tab.</font></p> </td> </tr>
<tr>
<td width="8%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="83%" valign="top"> <p> <font size="2" face="Times New Roman">Replace Pool Purchase Contract No. A06743, pages FRM &#150; 1 through 2 (dated 2/11/2003) with pages FRM - 1 through 2 (dated 2/19/2003) under the Fixed-Rate Tab.</font></p>
</td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 1<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter Agreement.
The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes</b> at Fannie Mae within ten business days
of the date this Letter Agreement is executed by Fannie Mae.</font></p> <p> <font size="2" face="Times New Roman">If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie
Mae may, at its option, declare this Letter Agreement null and void.</font></p> <p> <font size="2" face="Times New Roman">Sincerely,</font></p> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="6%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="39%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="54%" colspan="3" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="54%" colspan="3" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles<br> Customer Account Manager</b></font></p> </td>
<td width="54%" colspan="3" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="6%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="54%" colspan="3" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="5" valign="bottom"> <p><font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="5" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" colspan="5" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small><small> AND</small> T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" colspan="3" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="54%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="39%" colspan="3" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="54%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" colspan="3" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="54%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name: </font></p> </td>
<td width="39%" colspan="3" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="54%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title: </font></p> </td>
<td width="39%" colspan="3" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="54%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date: </font></p> </td>
<td width="39%" colspan="3" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2-21-03</b></font></p> </td>
<td width="54%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr >
<td width=42></td>
<td width=2></td>
<td width=282></td>
<td width=1></td>
<td width=1></td>
<td width=394></td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="11%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>VAR 1 </b></font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="11%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a
verbal Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so
therefore no debt-to-income, ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform
Residential Loan Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application
(Form 1003) and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation
Alt A product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">3.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie</font></p> </td> </tr>
<tr >
<td width=36></td>
<td width=36></td>
<td width=13></td>
<td width=636></td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 1<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Mae&#146;s underwriting criteria or any modification thereof, as described herein, shall be deemed to be a breach of warranty by Lender, as provided in the Selling
Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract <b>A06302,</b> <b>A06743,</b> and <b>A06724</b>
(fixed-rate Mortgages). FOR CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">8.</font></p> </td>
<td width="95%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b><u>Attachment 1</u></b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p align="center"> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:<br> <b>Crescent Mortgage&#146;s Credit Plus
Program<br></b>No Income &#150; No Ratios/No Asset Verifications</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">None.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 3<br> Amendment
27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade lines</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">24 months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=306></td>
<td width=14></td>
<td width=361></td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income <br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Commission income and independent contractor</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br>
Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 Second Deal 15-and 30 Year FRM with and without SMC<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2"
face="Times New Roman">Maximum Volume: $8,287,366</font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s
Underwriting Guidelines or it pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule
&#147;A&#148; and as identified on Schedule &#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio
based upon the issue date principal balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 -
5<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 Second Deal 15- and 30-Year FRM with and without SMC<br> Schedule A<br> Portfolio Summary<br> 15- and 30-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">49</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">8,287,366.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.1</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">70.0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">70.0</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA MTMLTV</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">70.0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">309</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="5%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment
27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>February 2003 Second Deal 15- and 30-Year FRM with and without SMC<br> Schedule B<br> Lender Loan Numbers</b></font></p> <p align="center"><font size="2"
face="Times New Roman"><b>15-year Non SMC</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001142478</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001195351</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001162344</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001182862</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001171907</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001177680</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001205044</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001209731</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1000950509</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001207875</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001205317</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001205283</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001152147</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001145109</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001156411</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001161148</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"><b>30-year SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001127453</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001160843</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001177052</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001084266</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001198926</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001169927</font></p> </td> </tr>
<tr>
<td width="100%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">1001153053</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment
27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>30-year Non SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001159530</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001086253</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1000750552</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001198835</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001198728</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001190014</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001157088</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001158698</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001147980</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001184264</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001203726</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001204278</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001213592</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001083185</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001115474</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001175155</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001188414</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001182664</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001181732</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001148772</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001151305</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001147493</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001147196</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001146578</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001165750</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001157906</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 8<br> Amendment
27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$180,400,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 - February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br>
Crescent Credit Plus Fixed-Rate Mortgage Product.<br> See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie
Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 1<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Dates for Pools <br> formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 - February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>41.50 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 2<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"><font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10, 15 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase <br> Transactions for Delivery during <br> First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$28,200,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for <br> Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 - February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Lender is allowed a maximum buyup to 22.50 basis points with the
expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.</font></p> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 1<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right><font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase <br> Transactions for Delivery during <br> First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$36,100,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for <br> Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 - February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Additional Terms:<br></b>See MBS Pricing Confirmation(s) attached hereto and incorporated herein.<br> Pool contract price adjustment is waived.<br> Lender
is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.<br> Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage
Product &gt; 80% LTV.<br> See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard Fannie Mae guidelines or the Alt-A
guidelines incorporated in this Master Agreement.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 1<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30 - year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Dates for Pools <br> formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>February 1, 2003 - February 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>35.50 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 2<br> Amendment 27</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">March 7, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="15%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 28</font></p> </td> </tr>
<tr>
<td width="15%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company</b> (the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement. </font></p> <p><font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p> <font size="2"
face="Times New Roman">The amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Modified Master Conversion &#150; Replace page MA &#150; 4 (dated 2/5/2002) with page MA &#150; 4 (dated 3/7/2003).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace pages VAR 1 &#150; 1 through VAR 1 &#150; 8 (dated 2/19/2003) with pages VAR 1 &#150; 1 through VAR 1 &#150; 8 (dated 3/7/2003) behind the
<i>Variances</i> tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contracts A06302 and A06743 &#150; Replace pages FRM &#150; 1 and FRM - 2 (dated 2/19/2003) with pages FRM &#150; 1 and FRM &#150; 2 (dated 3/7/2003)
behind the <i>Fixed-Rate</i> tab.</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the
attachments to this Letter Agreement. The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes</b> at
Fannie Mae within ten business days of the date this Letter Agreement is executed by Fannie Mae. If Fannie Mae does not</font></p> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 1<br> Amendment
28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie Mae may, at its option, declare this Letter Agreement null and
void.</font></p> <p> <font size="2" face="Times New Roman">Sincerely,</font></p> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="34%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">/s/ M<small>AC</small> S<small>MITH</small><small> FOR </small>D<small>AVID</small> B<small>OWLES</small></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles</b></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p align="center"> <font size="1" face="Times New Roman"><b>Customer Account Manager</b></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="39%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small> <small>AND</small> T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" colspan="2" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="34%" colspan="2" valign="top"> <p align="center"> <font size="2" face="Times New Roman">/s/P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" colspan="2" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="34%" colspan="2" valign="top"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="34%" colspan="2" valign="top"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="34%" colspan="2" valign="top"> <p align="center"> <font size="1" face="Times New Roman"><b>3-10-03</b></font></p> </td>
<td width="60%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width=37></td>
<td width=2></td>
<td width=248></td>
<td width=434></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT</b></font></p> <p align="center"><font size="2" face="Times New Roman"><b>Master Conversion for Crescent Bank and Trust Company<br>
MA02373.2-05</b></font></p> <p> <font size="2" face="Times New Roman">Upon entering into this Master Conversion, Lender is obligated to sell to Fannie Mae, and Fannie Mae is obligated to buy from Lender, Mortgages in the aggregate unpaid principal
amount of the Mandatory Delivery Amount stated below under any of the following programs: Fannie Mae&#146;s MBS program, Negotiated Cash Transactions or Standard Cash Transactions. Mortgages must be sold during the period commencing with the
Effective Date set forth below and ending with the Expiration Date set forth below (the &#147;Conversion Period&#148;) and must meet all requirements set forth in the Master Agreement, as well as those set forth in the applicable MBS Contracts (as
described below). There must be a valid MBS Pricing Confirmation for each MBS Contract below prior to Lender&#146;s sale of any Mortgages under such MBS Contract.</font></p> <p> <font size="2" face="Times New Roman">Lender shall be deemed to have
accepted the terms of this Master Conversion and all applicable MBS Pricing Confirmations either (i) upon execution of the Master Agreement or Master Agreement amendment to which this Master Conversion is attached, or (ii) if this Master Conversion
is not attached to a Master Agreement amendment, then upon delivery of any Mortgages under the MBS Contracts during the current Conversion Period.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>MA02373.2</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Mandatory Delivery Amount:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$224,000,000.00, plus or minus 5%</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Effective Date:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Expiration Date:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>June 30, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">MBS Contracts:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>A06302, A06304, A06305, A06808, A06809, A06810m<br> A06811 and A06743</b></font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master
Agreement MA02373.2<br> MA&nbsp;-&nbsp;4<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="11%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>VAR 1</b></font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="11%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a verbal
Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so therefore no
debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform Residential Loan
Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application (Form 1003)
and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation Alt
A product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with,
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">5.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;1<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as
described herein, shall be deemed to be a breach of warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract <b>A06302, A06743, and A06724</b> (fixed-rate Mortgages).
FOR CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="bottom"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="bottom"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="bottom"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;2<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>Attachment 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program</b><br> No Income &#150; No Ratios/No Asset Verifications</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">None </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers. </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than 75%.
</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required. </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680. </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan. </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report. </font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered. </font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;3<br>
Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="4%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="43%" valign="top"> <p><font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No 30-day lates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr >
<td width=21></td>
<td width=13></td>
<td width=312></td>
<td width=14></td>
<td width=361></td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="33%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Commission </b><b>income and independent contractor</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>
VAR&nbsp;1&nbsp;-&nbsp;4<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 30-Year FRM Deal with and without SMC<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2"
face="Times New Roman">Maximum Volume: $8,762,120.00</font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s
Underwriting Guidelines or it pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule
&#147;A&#148; and as identified on Schedule &#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio
based upon the issue date principal balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br>
VAR&nbsp;1&nbsp;-&nbsp;5<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 30-Year FRM Deal with and without SMC<br> Schedule A<br> Portfolio Summary<br> 30-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="29%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">52</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="29%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">8,762,120.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.3</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">73.1</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">73.1</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA MTMLTV</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">73.1</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">360</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Pct Full/Alt Doc&#151;: </font></Div> </td>
<td width="3%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="59%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;6<br>
Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 30-Year FRM Deal with and without SMC<br> Schedule B<br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>SMC:</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001145091</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001223872</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001225182</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001234796</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001222247</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001221256</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001245529</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001148731</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001177573</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001168697</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>Non-SMC:</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001163458</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001152014</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001149010</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001173176</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001178282</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001109659</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001009669</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001222221</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001227691</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001227659</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001228749</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001228459</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001241148</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001188216</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001187069</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001208485</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001204617</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001200110</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001205333</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001233913</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001210788</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001231768</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001241981</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001238805</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001142163</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001150018</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;7<br>
Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001178787</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001170487</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001252541</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001249836</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001223187</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001235819</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001164175</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001153681</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001205192</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001209491</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001216470</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001214939</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001214905</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001178589</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001180577</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001186277</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;8<br>
Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="44%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company </b></font></p> </td>
<td width="48%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="top"> <p><font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="48%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="48%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="44%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$188,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">Crescent Credit Plus Fixed-Rate Mortgage Product.</font></p> </td> </tr>
<tr >
<td width="100%"> <p> <font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard
Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM&nbsp;-&nbsp;1<br> Amendment
28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>41.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"> <font
size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM&nbsp;-&nbsp;2<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"><font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="34%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="34%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="34%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="57%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$38,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">Lender is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis points.</font></p>
</td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage Product &gt; 80% LTV.</font></p> </td> </tr>
<tr >
<td width="100%"> <p> <font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages meet standard
Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM&nbsp;-&nbsp;1<br> Amendment
28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"><font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust Company<br>
MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master Conversion
governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>35.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"><font
size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM&nbsp;-&nbsp;2<br> Amendment 28</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">March 11, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285<br> 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="9%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="34%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="9%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 29</font></p> </td> </tr>
<tr>
<td width="9%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="34%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="56%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company</b> (the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p><font size="2" face="Times New Roman">The
amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="98%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Master Agreement &#150; Replace pages MA &#150; 3 and MA &#150; 4 (dated 12/5/2002) with pages MA &#150; 3 and MA &#150; 4 (dated 3/11/2003).</font></p>
</td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace pages VAR 1 &#150; 1 through 8 (dated 2/19/2003) with pages VAR 1 &#150; 1 through 7 (dated 3/11/2003) under the Variance
Tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contracts &#150;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Replace Pool Purchase Contract No. A06724, pages FRM &#150; 1 (dated 2/19/2003) and FRM &#150; 2 (dated 2/11/2003) with pages FRM &#150; 1 through 2 (dated 3/11/2003) under the
Fixed-Rate Tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Replace Pool Purchase Contract No. A06901, pages FRM &#150; 1 through 2 (dated 1/7/2003) with pages FRM &#150; 1 through 2 (dated 3/11/2003) under the Fixed-Rate Tab.</font></p>
</td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE&nbsp;-&nbsp;1<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p><font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter Agreement.
The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes</b> at Fannie Mae within ten business days
of the date this Letter Agreement is executed by Fannie Mae.</font></p> <p> <font size="2" face="Times New Roman">If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie
Mae may, at its option, declare this Letter Agreement null and void.</font></p> <p> <font size="2" face="Times New Roman">Sincerely,</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="51%" colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>F<small>ANNIE</small> M<small>AE</small></b></font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="47%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="top"> <hr size="1" width="100%" noshade color=black> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles<br> Customer Account Manager</b></font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="47%" valign="bottom"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="51%" colspan="2" valign="bottom"> <p><font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> </td>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="100%" colspan="3" valign="bottom"> <p> <font size="2" face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small> <small>AND</small> T<small>RUST</small> C<small>OMPANY</small></b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="37%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ P<small>ARTHIV</small> J. D<small>AVE</small></font></p> </td>
<td width="54%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="37%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="54%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="37%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PARTHIV J. DAVE</b></font></p> </td>
<td width="54%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="37%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>V.P.</b></font></p> </td>
<td width="54%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="7%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="37%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>3-17-03</b></font></p> </td>
<td width="54%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE&nbsp;-&nbsp;2<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"><font size="2" face="Times New Roman"><b>EXHIBIT 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>TO MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Lender Name</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Lender Number</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Second</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Effective Date of Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>August 1, 2001</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Expiration Date of Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>June 30, 2003</b></font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Estimated Dollar Volume for Delivery Term:</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$440,000,000.00 (eligible for delivery only upon incremental conversions to Mandatory Delivery Amounts under one or more Master Conversions)</b></font></p> </td> </tr>
</table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> MA&nbsp;-&nbsp;3<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Master Conversion for Crescent Bank and Trust Company<br>
MA02373.2-02</b></font></p> <p> <font size="2" face="Times New Roman">Upon entering into this Master Conversion, Lender is obligated to sell to Fannie Mae, and Fannie Mae is obligated to buy from Lender, Mortgages in the aggregate unpaid principal
amount of the Mandatory Delivery Amount stated below under any of the following programs: Fannie Mae&#146;s MBS program, Negotiated Cash Transactions or Standard Cash Transactions. Mortgages must be sold during the period commencing with the
Effective Date set forth below and ending with the Expiration Date set forth below (the &#147;Conversion Period&#148;) and must meet all requirements set forth in the Master Agreement, as well as those set forth in the applicable MBS Contracts (as
described below). There must be a valid MBS Pricing Confirmation for each MBS Contract below prior to Lender&#146;s sale of any Mortgages under such MBS Contract.</font></p> <p> <font size="2" face="Times New Roman">Lender shall be deemed to have
accepted the terms of this Master Conversion and all applicable MBS Pricing Confirmations either (i) upon execution of the Master Agreement or Master Agreement amendment to which this Master Conversion is attached, or (ii) if this Master Conversion
is not attached to a Master Agreement amendment, then upon delivery of any Mortgages under the MBS Contracts during the current Conversion Period.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>MA02373.2</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Mandatory Delivery Amount:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$230,000,000.00, plus or minus 5%</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">Effective Date</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">Expiration Date:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>June 30, 2003</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman">MBS Contracts:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman"><b>A06302, A06303, A06304, A06305, A06724, A06743, A06808, A06809, A06810, A06811, A06901, AW6306</b></font></p> </td> </tr> </table> <p align="center"> <font size="2"
face="Times New Roman">Master Agreement MA02373.2<br> MA&nbsp;-&nbsp;4 <br> Amendment 29</font></p>

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<tr>
<td width="14%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>VAR 1</b></font></p> </td>
<td width="85%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a
verbal Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so
therefore no debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform
Residential Loan Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="90%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/ Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application
(Form 1003) and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/ Alternative Documentation
Alt A product.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
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<td width=36></td>
<td width=35></td>
<td width=614></td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;1 <br> Amendment 29</font></p>

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<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as described herein, shall be deemed to be a breach of
warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr>
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<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract <b>A06302, A06743, and A06724</b> (fixed-rate Mortgages).
FOR CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
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<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="90%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="90%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">8.</font></p> </td>
<td width="95%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr>
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<td width=2></td>
<td width=34></td>
<td width=649></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR&nbsp;1&nbsp;-&nbsp;2<br> Amendment 29</font></p>

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  <p align="center"> <font size="2" face="Times New Roman"><b><u>Attachment 1</u></b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program</b><br> No Income &#150; No Ratios/No Asset Verifications</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
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<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple, 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#149; Owner Occupied:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman"><b>&#149; 2nd Homes</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria: </b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br>VAR&nbsp;1&nbsp;-&nbsp;3<br> Amendment
29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/ Installment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.<br> No Bankruptcies.<br> No 30-day dates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the downpayment.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/Balance Sheet</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Commission income and independent contractor</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br>
Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 30-Year FRM Deal with and without SMC<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2"
face="Times New Roman">Maximum Volume: $5,608,100.00</font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet Lender&#146;s
Underwriting Guidelines or it pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in Schedule
&#147;A&#148; and as identified on Schedule &#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the loan-to-value ratio
based upon the issue date principal balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 -
5<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 15-Year FRM Deal with and without SMC<br> Schedule A <br> Portfolio Summary <br> 15-year Fixed-Rate</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="5%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">35</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,608,100.00</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="5%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">5.6</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">62.9</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="5%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">62.9</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA MTMLTV</font></Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">62.9</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="5%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">180</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="5%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc </font></Div> </td>
<td width="5%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="61%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="5%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="26%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="4%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment
29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 15-Year FRM Deal with and without SMC<br> Schedule B<br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="10%">
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001094463</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001182326</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001113917</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1000916195</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001226685</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001198918</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001188042</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001215613</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001223864</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001208394</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001251519</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001230513</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001240462</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001230463</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001252509</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001246097</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p><font size="2" face="Times New Roman">1001151750</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001149416</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001168838</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001117116</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001213253</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001216132</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001224169</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001228079</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001228038</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001223492</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001184587</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001201407</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001202421</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001198173</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001203502</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman"><b>SMC:</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001246055</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001187689</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001124484</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p> <font size="2" face="Times New Roman">1001187440</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: </b><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10, 15 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$33,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>361 - 3rd Autom U-Writng SYS, 442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop
Underwriter and applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis
points.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 1<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right><font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust Company<br>
MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master Conversion
governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10, 15 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>27.50 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"><font
size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 2<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06901.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10, 15 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$5,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>361 - 3rd Autom U-Writng SYS, 442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop
Underwriter and applicable attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Mortgages delivered under this contract are eligible for Radian Secondary Market Coverage.</font></p> </td> </tr> </table> <p align="center"> <font size="2"
face="Times New Roman">Pool Purchase Contract No. A06901.2<br> FRM - 1<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06901.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br></b><b>MA02373.2</b></font></p> <p><font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current
Master Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="95%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10, 15 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>N/ A *</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>24.50 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman"><b>*</b> If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion. The Guaranty Fee is
subject to change either after the Latest Issue Date, if one is specified above, or on the expiration of the current Conversion Period, to an amount agreed upon by Fannie Mae and Lender. If no Latest Issue Date is specified in this MBS Pricing
Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing
Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.</font></p> <p align="center"><font size="2" face="Times New Roman">Pool
Purchase Contract No. A06901.2<br> FRM - 2<br> Amendment 29</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">[LETTERHEAD OF FANNIEMAE]</font></p> <p> <font size="2" face="Times New Roman">March 19, 2003</font></p> <p> <font size="2" face="Times New Roman">Mr. Michael P. Leddy<br>
Executive Vice President (Crescent Mortgage)<br> Crescent Bank and Trust Company<br> South Terraces, Suite 285 115 Perimeter Center Place<br> Atlanta, GA 30346</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="14%" valign="top"> <p> <font size="2" face="Times New Roman">Subject</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement No:</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">MA02373.2</font></p> </td> </tr>
<tr>
<td width="14%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement Amendment No.:</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Amendment 30</font></p> </td> </tr>
<tr>
<td width="14%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p> <font size="2" face="Times New Roman">Lender No.:</font></p> </td>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">23227-000-4</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Dear Mr. Leddy:</font></p> <p> <font size="2" face="Times New Roman">By execution of this
Letter Agreement, Fannie Mae (&#147;Fannie Mae&#148;) and <b>Crescent Bank and Trust Company</b> (the &#147;Lender&#148;) agree to amend the above-referenced Master Agreement and Contract (if applicable). The amended terms and conditions are set
forth in the amended pages to the Master Agreement and (if applicable) the Contract attached to this Letter Agreement. The attachments should be inserted into the Lender&#146;s Master Agreement binder as described below. Capitalized terms used but
not defined in this Letter Agreement shall have the meanings set forth in the Master Agreement.</font></p> <p> <font size="2" face="Times New Roman">For your convenience, we have summarized the amended terms and conditions below. However, the
summary set forth below is for reference purposes only. The Lender and Fannie Mae shall rely solely on the attached amended pages for a complete description of the amended terms and conditions.</font></p> <p><font size="2" face="Times New Roman">The
amended terms and conditions:</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Master Agreement, Exhibit 1 and Master Conversion &#150; Replace pages MA &#150; 3 and MA &#150; 4 (dated 3/11/2003) with pages MA &#150; 3 and MA &#150; 4
(dated 3/19/2003).</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Variance &#150; Replace pages VAR 1 &#150; 1 through VAR 1 &#150; 7 (dated 3/11/2003) with pages VAR 1 &#150; 1 through VAR 1 &#150; 8 (dated 3/19/2003)
behind the <i>Variances </i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">&#149;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Modified Pool Purchase Contracts &#150; </font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06302 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 3/7/2003) with pages FRM &#150; 1 and FRM &#150; 2 (dated 3/19/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06724 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 2/19/2003 and 2/11/2003, respectively) with pages FRM &#150; 1 and FRM &#150; 2 (dated 3/19/2003) behind the
<i>Fixed-Rate </i>tab.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="89%" valign="top"> <p> <font size="2" face="Times New Roman">A06743 &#150; Replace pages FRM &#150; 1 and FRM &#150; 2 (dated 3/7/2003) with pages FRM &#150; 1 and FRM &#150; 2 (dated 3/19/2003) behind the <i>Fixed-Rate
</i>tab.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br>LE - 1<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p> <font size="2" face="Times New Roman">By execution of this Letter Agreement, Fannie Mae and the Lender agree to and accept the amended terms and conditions as set forth in the attachments to this Letter Agreement.
The effective date of the amendments is the date of execution of this Letter Agreement by the Lender. The Lender shall return a duly-executed duplicate original of this Letter Agreement to <b>Diane Stokes</b> at Fannie Mae within ten business days
of the date this Letter Agreement is executed by Fannie Mae. If Fannie Mae does not receive an executed duplicate original of this Letter Agreement from the Lender within ten business days, Fannie Mae may, at its option, declare this Letter
Agreement null and void.</font></p> <p> <font size="2" face="Times New Roman">Sincerely,</font></p> <p> <font size="2" face="Times New Roman"><b>F<small>ANINIE</small> M<small>AE</small></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="4%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="35%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ D<small>AVID</small> A. B<small>OWLES</small></font></p> </td>
<td width="59%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="35%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="59%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="35%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>David A. Bowles </b></font></p> </td>
<td width="59%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="4%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="35%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Customer Account Manager</b></font></p> </td>
<td width="59%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Agreed, acknowledged and accepted.</font></p> <p><font size="2"
face="Times New Roman"><b>C<small>RESCENT</small> B<small>ANK</small><small> AND </small>T<small>RUST</small> C<small>OMPANY</small></b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">By:</font></p> </td>
<td width="39%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ M<small>ICHAEL</small> P. L<small>EDDY</small></font></p> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="39%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Name:</font></p> </td>
<td width="39%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Michael P. Leddy</b></font></p> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Title:</font></p> </td>
<td width="39%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>EVP</b></font></p> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:</font></p> </td>
<td width="39%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>3-21-03</b></font></p> </td>
<td width="54%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> LE - 2<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>EXHlBIT 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>TO MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Lender Name</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Lender Number</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Second</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Effective Date of Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>August 1, 2001</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Expiration Date of Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>June 30, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Estimated Dollar Volume for Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$447,000,000.00</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman"><b>(eligible for delivery only upon incremental conversions to Mandatory Delivery Amounts under one or more Master Conversions)</b></font></p> </td> </tr> </table> <p
align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> MA - 3<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Master Conversion for Crescent Bank and Trust Company<br>
MA02373.2-05</b></font></p> <p> <font size="2" face="Times New Roman">Upon entering into this Master Conversion, Lender is obligated to sell to Fannie Mae, and Fannie Mae is obligated to buy from Lender, Mortgages in the aggregate unpaid principal
amount of the Mandatory Delivery Amount stated below under any of the following programs: Fannie Mae&#146;s MBS program, Negotiated Cash Transactions or Standard Cash Transactions. Mortgages must be sold during the period commencing with the
Effective Date set forth below and ending with the Expiration Date set forth below (the &#147;Conversion Period&#148;) and must meet all requirements set forth in the Master Agreement, as well as those set forth in the applicable MBS Contracts (as
described below). There must be a valid MBS Pricing Confirmation for each MBS Contract below prior to Lender&#146;s sale of any Mortgages under such MBS Contract.</font></p> <p> <font size="2" face="Times New Roman">Lender shall be deemed to have
accepted the terms of this Master Conversion and all applicable MBS Pricing Confirmations either (i) upon execution of the Master Agreement or Master Agreement amendment to which this Master Conversion is attached, or (ii) if this Master Conversion
is not attached to a Master Agreement amendment, then upon delivery of any Mortgages under the MBS Contracts during the current Conversion Period.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Master Agreement:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>MA02373.2</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Mandatory Delivery Amount:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$237,000,000.00, plus or minus 5%</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Effective Date:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>January 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Expiration Date:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>June 30, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">MBS Contracts:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>A06302, A06304, A06305, A06808, A06809, A06810, A06811, A06724 and A06743</b></font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master
Agreement MA02373.2<br> MA - 4<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="11%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>VAR 1</b></font></p> </td>
<td width="88%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Bulk ALT A Product</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="4" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">1.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender may sell to Fannie Mae a loan package containing mortgages (&#147;Mortgages&#148;) that may have been originated with certain variances to Fannie Mae&#146;s
underwriting and documentation requirements described as one of the following Alt A products:</font></p> </td> </tr>
<tr>
<td width="47%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Stated Income,&#148; (SFC &#147;442&#148;) which is defined as: the borrower reports income on the Uniform Residential Loan Application (Form 1003) and a
verbal Verification of Employment may be obtained. Lender is not required to verify the reported income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Ratio,&#148; (SFC &#147;443&#148;) which is defined as: the borrower does not report income on the Uniform Residential Loan Application (Form 1003), so
therefore no debt-to-income ratios are calculated. Lender is not required to verify the borrower&#146;s income, but must verify the borrower&#146;s assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;No Income/No Asset&#148; (&#145;NINA&#146;) (SFC &#147;444&#148;) which is defined as: the borrower does not report either income or assets on the Uniform
Residential Loan Application (Form 1003). Lender is not required to verify the borrower&#146;s income or assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(d)</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">&#147;Full/Alternative Documentation (SFC &#147;512&#148;) which is defined as: the borrower reports income and assets on the Uniform Residential Loan Application
(Form 1003) and Lender must verify reported income and assets.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must document the Mortgage file with a statement describing the Mortgage either as a Stated Income, a No Ratio, a NINA, or a Full/Alternative Documentation
Alt A product.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender must provide the borrower&#146;s FICO credit score at delivery of each Mortgage under this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Eligible products include fixed-rate, first-lien, fully amortizing mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender&#146;s underwriting guidelines for origination of Stated Income, No Ratio, or NINA Alt A products are described in <u>Attachment 1</u> (&#147;Lender&#146;s
Underwriting Guidelines&#148;). Notwithstanding any contrary provisions contained in Lender&#146;s Underwriting Guidelines, the only Mortgages eligible for delivery to Fannie Mae are those Mortgages that are originated in accordance with
Lender&#146;s guidelines for Stated Income, No Ratio, or NINA Alt A products described in Lender&#146;s Underwriting Guidelines and meet Fannie Mae&#146;s general eligibility criteria, as modified by the applicable provisions of <u>Attachment 1</u>.
Fannie Mae reserves the right to review all mortgages offered for sale by Lender, and although certain mortgages may meet Underwriting Guidelines, Fannie Mae is not obligated to buy all of such mortgages.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">5.</font></p> </td>
<td width="94%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that all information concerning the Mortgages submitted by Lender to Fannie Mae in electronic format or otherwise is true, accurate,
and complete. Notwithstanding the accuracy of the information submitted by Lender, Lender represents and warrants that all Mortgages comply with Lender&#146;s Underwriting Guidelines. Lender acknowledges that that Fannie Mae does not waive any of
such representations and warranties of</font></p> </td> </tr>
<tr >
<td width=40></td>
<td width=40></td>
<td width=261></td>
<td width=381></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 1<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Lender by offering to buy or accepting delivery of any Mortgages. A breach of any of Fannie Mae&#146;s underwriting criteria or any modification thereof, as
described herein, shall be deemed to be a breach of warranty by Lender, as provided in the Selling Guide.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">6.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">All Stated Income, No Ratio, or NINA Mortgages must be delivered to Fannie Mae under Pool Purchase Contract <b>A06302, A06743,</b> and <b>A06724</b> (fixed-rate
Mortgages). FOR CASH: under Fannie Mae&#146;s Negotiated Transactions for cash purchase.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">7.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">With respect to all Mortgages sold and delivered to Fannie Mae pursuant to this Variance:</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">(a)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender represents and warrants that the Mortgages comply with all applicable representations and warranties as set forth in the Selling Guide, and Lender makes all selling
warranties with respect to the Mortgages, except as otherwise expressly provided in this Variance.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(b)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">Lender acknowledges that the terms and conditions on which Fannie Mae has agreed to acquire the Mortgages assume that pool or primary mortgage insurance is obtainable for the
Mortgages after delivery of the Mortgages to Fannie Mae. Lender represents and warrants that none of the Mortgages has been originated or serviced with fraud, misrepresentation, or negligence, or with any act that is dishonest, criminal, or
knowingly wrongful, that would (1) cause a mortgage insurer to decline to insure a Mortgage, or (2) entitle a mortgage insurer to deny a claim pursuant to a mortgage insurance policy exclusion to coverage encompassing fraud, misrepresentation,
negligence, or dishonest, criminal, or knowingly wrongful acts in origination or servicing.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="2" face="Times New Roman">(c)</font></p> </td>
<td width="88%" valign="top"> <p> <font size="2" face="Times New Roman">These representations and warranties survive purchase of and payment for the Mortgage, apply to each Mortgage, and inure to the benefit of Fannie Mae, its successors and
assigns.</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="5%" valign="top"> <p><font size="2" face="Times New Roman">8.</font></p> </td>
<td width="94%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Fannie Mae and Lender agree that multiple bulk mortgage deliveries may be made under this Variance. With respect to each such delivery, a Bulk Mortgage Delivery
Addendum containing specific information with respect to the corresponding Mortgages being delivered will be completed and added to this Variance, and shall become a part of this Variance and this Master Agreement for all purposes.</font></p> </td>
</tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 2<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>Attachment 1</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>Lender&#146;s Underwriting Guidelines Approved by Fannie
Mae</b></font></p> <p> <font size="2" face="Times New Roman">Mortgages may contain only the following variances to Fannie Mae&#146;s underwriting and documentation guidelines:</font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Crescent Mortgage&#146;s Credit Plus Program<br></b>No Income &#150; No Ratios/No Asset Verifications</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="50%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Program Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">PMM, R/T Refi, COR</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Product Type</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">FRM only</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Amortization Terms</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">15- and 30- year</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Units</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-2 unit properties</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Eligible Properties</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Fee Simple; 1-2 unit attached and detached properties. Condominiums are also eligible. NO mobile homes or manufactured housing units. Also, no excess acreage &#150; value not to
exceed 33% of total.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Geographic Limitations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">None</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Occupancy Status</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Owner Occupied and 2nd Homes</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Borrower Eligibility</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Designed for the borrower who has income and assets, but does not want to deal will all regular documentation requirements, and for borrowers who are changing jobs, between
jobs, relocating, retiring, or have recently become self-employed. All borrowers must meet credit score requirements. No loans to builders or developers.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Appraisal</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">New full Uniformed Residential Appraisal Report required for all loan types. Plus, a review appraisal if the transaction is a refinance and the LTV is greater than
75%.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage Insurance</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Standard mortgage insurance required.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Maximum LTVs and Credit Scores:<br>&#160;&#149; Owner Occupied:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: PMM &amp; R/T Refi to 90% LTV with a credit score of 700; 75% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit: COR to 70% with a credit score of 700; 65% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: PMM &amp; R/T Refi to 85% LTV with a credit score of 700; 70% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">2-unit: COR to 65% with a credit score of 700; 60% with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>&#160;&#149; 2nd Homes</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">1-unit only; PMM &amp; R/T Refi to 80% with a credit score of 720; 75% with a credit score of 700; 70% with a credit score of 680; COR to 70% with a credit score of 700; 65%
with a credit score of 680.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman"><b>Secondary Financing</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">No Subordinate financing allowed on new loan.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Three In-file merged credit report.</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Qualifying Debt Ratios:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="50%" valign="top"> <p> <font size="2" face="Times New Roman">Ratios are not considered.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 3<br> Amendment
30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Reserves:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No assets are verified; reserves are not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Criteria:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Three (3) rated trades </font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman"><b>Trade Lines</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">24 Months</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit History</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Not stated</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Explanations</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No Foreclosures.</font></p> </td> </tr>
<tr>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="2" valign="top"> <p> <font size="2" face="Times New Roman"><b>Mortgage/Revolving/</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No Bankruptcies.</font></p> </td> </tr>
<tr>
<td width="5%" colspan="2" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Installment</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No 30-day dates on any mortgages in the past 24 months.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Credit Report Letter of Explanation</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Not required as this product is credit score driven.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Sale Proceeds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Down Payment:</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Liquid assets (checking, savings, CD&#146;s, money market funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Non-depository assets (stocks, bonds, retirement funds, trust funds, etc.)</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Assets are not verified; however, assets stated on the Application must be sufficient to make the down payment.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Seller contributions</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Per Fannie Guides.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Gift Funds</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No gifts allowed.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Verification of mortgage or rental history</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Required if mortgage history not on credit report. Rental history verification not required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salaried/Wage Earner Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income/employment only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Self-Employed Income/Employment Verification</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Self-employed Profit &amp; Loss/ Balance Sheet</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">Income verification is not required. No 4506 required.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Other Income: Retirement, SS, alimony, child support, etc.</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>No Income<br> No Ratios / No Asset Verification</b></font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Salary or hourly wage earnings and overtime and bonus income</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="48%" colspan="3" valign="top"> <p><font size="2" face="Times New Roman"><b>Commission income and independent contractor</b></font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="top"> <p> <font size="2" face="Times New Roman">No verification. Stated income only.</font></p> </td> </tr>
<tr >
<td width=20></td>
<td width=20></td>
<td width=306></td>
<td width=14></td>
<td width=360></td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 4<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 PART 2 15 and 30-Year FRM Deal with and without SMC<br> Bulk Mortgage Delivery Addendum</b></font></p> <p align="center"> <font size="2"
face="Times New Roman"><b>Maximum Volume: $6,879,740</b></font></p> <p> <font size="2" face="Times New Roman">Lender shall deliver the Mortgages described in the Profile Summary Schedule &#147;A&#148; unless the Mortgage doesn&#146;t meet
Lender&#146;s Underwriting Guidelines or it pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date. Lender represents and warrants that the Mortgages are as described in Profile Summary set forth in
Schedule &#147;A&#148; and as identified on Schedule &#147;B&#148;. The term &#147;CLTV&#148; used in Schedule &#147;A&#148; and this Contract is the &#147;Current Loan-to-Value Ratio&#148;. &#147;Current Loan-to-Value Ratio&#148; is the
loan-to-value ratio based upon the issue date principal balance of each Mortgage and the original appraised value of the property securing each such Mortgage.</font></p> <p align="center"> <font size="2" face="Times New Roman">Master Agreement
MA02373.2<br>VAR 1 - 5<br>Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 PART 2 15- and 30-Year FRM Deal with and without SMC<br> Schedule A<br> Portfolio Summary</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="50%">
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Count</font></Div> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">47</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">Volume</font></Div> </td>
<td width="4%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td width="23%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">6,879,740.00</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WAC</font></Div> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">6.2</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA OLTV</font></Div> </td>
<td width="4%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">71.0</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA CLTV</font></Div> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">71.0</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA MTMLTV</font></Div> </td>
<td width="4%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">71.0</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"><font size="2" face="Times New Roman">WA State RTerm</font></Div> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">337</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Calc RTerm</font></Div> </td>
<td width="4%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0</font></p> </td>
<td width="3%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">WA Seas</font></Div> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Full/Alt Doc</font></Div> </td>
<td width="4%" valign="top"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.00</font></p> </td>
<td width="3%" valign="bottom"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td width="66%" valign="bottom" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">Pct Low/No Doc</font></Div> </td>
<td width="4%" valign="top" bgcolor="#cceeff"> <Div style="margin-left:10px;text-indent:-10px"> <font size="2" face="Times New Roman">:</font></Div> </td>
<td width="2%" valign="bottom" bgcolor="#cceeff"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom" bgcolor="#cceeff"> <p align=right> <font size="2" face="Times New Roman">100.00</font></p> </td>
<td width="3%" valign="bottom" bgcolor="#cceeff"> <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 6<br> Amendment
30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align="center"> <font size="2" face="Times New Roman"><b>March 2003 PART 2 15- and 30-Year FRM Deal with and without SMC<br> Schedule B<br> Lender Loan Numbers</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>30 Year Non-SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001170818</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001245636</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001234754</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001240322</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001247087</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001253945</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001215282</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001231420</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001221090</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001223211</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001270279</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001255650</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001246170</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001234150</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001217593</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001230695</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001157740</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001139946</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001058849</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001048394</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001270048</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001211513</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001213329</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001214921</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001255841</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001256542</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001242559</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman"> &nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>30 Year SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001243136</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001237914</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001260957</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001210135</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"><font size="2" face="Times New Roman">1001226594</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001298668</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001246451</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001229770</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001173325</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001196656</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001246006</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 7<br> Amendment
30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<table align="center" border=0 cellspacing=0 cellpadding=0 width="25%">
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman"><b>15 Year Non-SMC</b></font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001243813</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001208881</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001275633</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001203643</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001237716</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001115516</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001269859</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001259744</font></p> </td> </tr>
<tr>
<td width="100%" valign="top"> <p align="center"> <font size="2" face="Times New Roman">1001223799</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Master Agreement MA02373.2<br> VAR 1 - 8 <br> Amendment
30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$192,400,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Crescent Credit Plus Fixed-Rate Mortgage Product.</font></p> </td> </tr>
<tr >
<td width="100%" colspan="3" > <p> <font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such Mortgages
meet standard Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 1<br> Amendment
30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right><font size="2" face="Times New Roman"><b>Contract No. A06302.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust Company<br>
MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master Conversion
governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>41.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"><font
size="2" face="Times New Roman">Pool Purchase Contract No. A06302.2<br> FRM - 2 <br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$34,000,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special </b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis
points.</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 1<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06724.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p><font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>10- and 15-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>26.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"><font
size="2" face="Times New Roman">Pool Purchase Contract No. A06724.2<br> FRM - 2<br> Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>FIXED-RATE MORTGAGE POOL PURCHASE CONTRACT<br> WITH PRICING
CONFIRMATION</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MASTER AGREEMENT MA02373.2</b></font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Lender:</b></font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Bank and Trust Company</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>Lender Number: 23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-000-4</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Crescent Mortgage Services</b></font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>23227-003-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-000-9</b></font></p> </td> </tr>
<tr>
<td width="7%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="52%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="40%" valign="top"> <p align=right> <font size="2" face="Times New Roman"><b>24837-002-5</b></font></p> </td> </tr> </table> <br>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30-year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Maximum Amount of Pool Purchase Transactions for Delivery during First Delivery Term:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>$39,600,000.00 (See current Master Conversion for actual volume eligible for delivery during the current Conversion Period.)</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Servicing Option:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Special</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Mortgage Type:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Conventional</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Remittance Cycle:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Standard</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Seasoning Requirements:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>Current</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Special Feature Codes:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>442 - Flow Alt-A Stated Income, 443 - Flow Alt-A No Ratio, 444 - Flow Alt-A NINA, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable
attachments.</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman"><b>Additional Terms:</b></font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">See MBS Pricing Confirmation(s) attached hereto and incorporated herein.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Pool contract price adjustment is waived.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Lender is allowed a maximum buyup to 22.50 basis points with the expectation that Lender will manage deliveries to a weighted average buyup of 16.00 basis
points.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Radian Secondary Market Coverage required. Crescent Credit Plus Fixed-Rate Mortgage Product &gt; 80% LTV.</font></p> </td> </tr>
<tr>
<td width="100%" colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">See Schedule &#147;A&#148; August 2002 for eligible loans, which is attached to the Bulk Alt A Product - FRM Variance. Lender represents and warrants that all such
Mortgages meet standard Fannie Mae guidelines or the Alt-A guidelines incorporated in this Master Agreement.</font></p> </td> </tr> </table> <p align="center"><font size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br> FRM - 1<br>
Amendment 30</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p align=right> <font size="2" face="Times New Roman"><b>Contract No. A06743.2</b></font></p> <p align="center"> <font size="2" face="Times New Roman"><b>MBS Pricing Confirmation for Crescent Bank and Trust
Company<br> MA02373.2</b></font></p> <p> <font size="2" face="Times New Roman">As a condition to Lender&#146;s sale of Mortgages under this MBS Contract at the pricing specified below, there must be a current Master Conversion. The current Master
Conversion governs Lender&#146;s ability to sell Mortgages under the Master Agreement, notwithstanding any date specified as the &#147;Latest Issue Date&#148; on Page 1 of this MBS Contract or below.</font></p>
<table align="center" border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Eligible Products:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>30 year fixed-rate level-payment mortgages</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Earliest and Latest Issue Dates for Pools formed under this Contract:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>March 1, 2003 - March 1, 2003</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p> <font size="2" face="Times New Roman">Guaranty Fee:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p> <font size="2" face="Times New Roman"><b>35.00 Basis Points</b></font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="45%" valign="top"> <p><font size="2" face="Times New Roman">Buyup/Buydown Grid:</font></p> </td>
<td width="2%" valign="top"> <p><font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="53%" valign="top"> <p><font size="2" face="Times New Roman"><b>Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.)</b></font></p> </td> </tr> </table> <p align="center"><font
size="2" face="Times New Roman">Pool Purchase Contract No. A06743.2<br>FRM - 2<br> Amendment 30</font></p>
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