World Omni Auto Receivables Trust 2021-D
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Monthly Servicer Certificate
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June 30, 2024
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Dates Covered
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Collections Period
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06/01/24 - 06/30/24
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Interest Accrual Period
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06/17/24 - 07/14/24
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30/360 Days
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30
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Actual/360 Days
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28
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Distribution Date
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07/15/24
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Collateral Pool Balance Data
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$ Amount
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# of Accounts
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Pool Balance at 05/31/24
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342,013,606.28
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24,157
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Yield Supplement Overcollateralization Amount 05/31/24
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4,529,386.23
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0
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Receivables Balance 05/31/24
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346,542,992.51
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24,157
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Principal Payments
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15,031,984.67
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376
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Defaulted Receivables
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416,364.76
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21
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Repurchased Accounts
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0.00
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0
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Yield Supplement Overcollateralization Amount at 06/30/24
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4,169,829.97
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0
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Pool Balance at 06/30/24
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326,924,813.11
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23,760
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Pool Statistics
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$ Amount
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# of Accounts
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Pool Factor
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27.96
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%
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Prepayment ABS Speed
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1.00
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%
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Aggregate Starting Principal Balance
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1,183,996,579.97
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40,585
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Delinquent Receivables:
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Past Due 31-60 days
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7,960,363.57
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406
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Past Due 61-90 days
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1,743,288.39
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89
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Past Due 91-120 days
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345,446.45
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23
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Past Due 121+ days
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0.00
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0
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Total
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10,049,098.41
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518
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Total 31+ Delinquent as % Aggregate Ending Principal Balance
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3.04
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%
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Total 61+ Delinquent as % Aggregate Ending Principal Balance
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0.63
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%
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Delinquency Trigger Occurred
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NO
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Recoveries
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342,595.45
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Aggregate Net Losses/(Gains) - June 2024
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73,769.31
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Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
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Current Net Losses/(Gains) Ratio
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0.26
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%
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Prior Net Losses/(Gains) Ratio
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-0.01
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%
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Second Prior Net Losses/(Gains) Ratio
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0.00
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%
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Third Prior Net Losses/(Gains) Ratio
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-0.52
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%
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Four Month Average
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-0.07
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%
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Cumulative Net Loss as a % of Aggregate Starting Principal Balance
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0.45
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%
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Overcollateralization Target Amount
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5,755,408.97
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Actual Overcollateralization
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5,755,408.97
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Weighted Average Contract Rate
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4.02
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%
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Weighted Average Contract Rate, Yield Adjusted
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5.18
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%
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Weighted Average Remaining Term
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32.06
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Flow of Funds
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$ Amount
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Collections
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16,456,172.06
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Investment Earnings on Cash Accounts
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15,142.52
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Servicing Fee
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(288,785.83
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Transfer to Collection Account
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-
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Available Funds
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16,182,528.75
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Distributions of Available Funds
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(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
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-
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(2) Class A Interest
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221,395.95
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(3) Noteholders' First Priority Principal Distributable Amount
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-
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(4) Class B Interest
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43,738.00
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(5) Noteholders' Second Priority Principal Distributable Amount
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-
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(6) Class C Interest
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24,753.67
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(7) Noteholders' Third Priority Principal Distributable Amount
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9,333,384.20
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(8) Required Reserve Account
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-
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(9) Noteholders' Principal Distributable Amount
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5,755,408.97
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(10) Asset Representation Reviewer Amounts (in excess of 1)
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-
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(11) Distribution to Certificateholders
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803,847.96
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Total Distributions of Available Funds
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16,182,528.75
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Servicing Fee
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288,785.83
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Unpaid Servicing Fee
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-
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Change in amount of the unpaid servicing fee from the prior period
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-
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Class C
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Coupon
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1.72000
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%
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Interest Paid
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24,753.67
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Principal Paid
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0.00
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Total Paid to C Holders
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24,753.67
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Distribution per $1,000 of Notes
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Total
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Total Interest Distribution Amount
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0.2524714
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Total Interest Carryover Shortfall
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0.0000000
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Total Principal Distribution Amount
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13.1412586
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Total Distribution Amount
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13.3937300
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A-1 Interest Distribution Amount
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0.0000000
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A-1 Interest Carryover Shortfall
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0.0000000
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A-1 Principal Distribution Amount
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0.0000000
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Total A-1 Distribution Amount
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0.0000000
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A-2 Interest Distribution Amount
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0.0000000
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A-2 Interest Carryover Shortfall
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0.0000000
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A-2 Principal Distribution Amount
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0.0000000
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Total A-2 Distribution Amount
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0.0000000
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A-3 Interest Distribution Amount
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0.2837617
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A-3 Interest Carryover Shortfall
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0.0000000
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A-3 Principal Distribution Amount
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38.9488724
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Total A-3 Distribution Amount
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39.2326341
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A-4 Interest Distribution Amount
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0.9166667
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A-4 Interest Carryover Shortfall
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0.0000000
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A-4 Principal Distribution Amount
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0.0000000
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Total A-4 Distribution Amount
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0.9166667
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B Interest Distribution Amount
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1.2666667
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B Interest Carryover Shortfall
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0.0000000
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B Principal Distribution Amount
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0.0000000
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Total B Distribution Amount
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1.2666667
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C Interest Distribution Amount
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1.4333335
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C Interest Carryover Shortfall
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0.0000000
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C Principal Distribution Amount
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0.0000000
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Total C Distribution Amount
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1.4333335
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Noteholders' First Priority Principal Distributable Amount
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0.00
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Noteholders' Second Priority Principal Distributable Amount
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0.00
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Noteholders' Third Priority Principal Distributable Amount
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618.56
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Noteholders' Principal Distributable Amount
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381.44
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Account Balances
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$ Amount
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Reserve Account
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Balance as of 06/17/24
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2,877,704.48
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Investment Earnings
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12,403.82
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Investment Earnings Paid
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(12,403.82
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Deposit/(Withdrawal)
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-
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Balance as of 07/15/24
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2,877,704.48
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Change
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-
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Required Reserve Amount
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2,877,704.48
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Other Servicing Information
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Current Month
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Prior Month
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Two Months Prior
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Principal Balance of Receivables extended during the Collection Period
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$
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2,331,020.61
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$
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2,528,672.33
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$
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2,302,848.90
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Number of Extensions
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122
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130
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119
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Ratio of extensions to Beginning of Period Receivables Balance
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0.67
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%
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0.69
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%
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0.60
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%
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