Prepayment Interest Excess
Prepayment Interest Excess. With respect to any Distribution Date, any interest collected by the Servicer with respect to any Mortgage Loan serviced by such Servicer as to which a Payoff occurs from the 1st day of the month through the 11th day of the month in which such Distribution Date occurs and that represents interest that accrues from the 1st day of such month to the date of such Payoff.
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