-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OMHnk2kYd8VDHNEkytNLpPRBkFf23RsaQAEVib4eB/W4YJ2ljJAtmED2KtiNYn+1 upHHpGBopTIt+dmD3VrpvA== 0000950123-04-007479.txt : 20040617 0000950123-04-007479.hdr.sgml : 20040617 20040617165132 ACCESSION NUMBER: 0000950123-04-007479 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040611 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DVI RECEIVABLES CORP VIII DVI RECEIVABLES XI LLC CENTRAL INDEX KEY: 0001282107 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 233022806 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-94523-02 FILM NUMBER: 04869214 BUSINESS ADDRESS: STREET 1: 2500 YORK PARK CITY: JAMISON STATE: PA ZIP: 18929 8-K 1 y98276k1e8vk.txt DVI RECEIVABLES XI L.L.C. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): June 11, 2004 DVI Receivables XI, L.L.C. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) DELAWARE 333-94523-02 23-3022806 - -------------------------------------------------------------------------------- State or Other (Commission (IRS Employer Jurisdiction of Formation) File Number) Identification Number) 2500 YORK ROAD, JAMISON, PA 18929 Registrant's Telephone Number, Including Area Code: (215) 488-5000 N/A - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 5. Other Events and Required FD Disclosure On June 11, 2004, Lyon Financial Services d/b/a US Bancorp Portfolio Services ("USBPS") as servicer, made available to U.S. Bank National Association (the "Trustee"), as trustee for the noteholders of DVI Receivables XI, L.L.C., the servicer report for the payment date June 14, 2004 attached hereto as Exhibit 99.1 (the "June Report"). USBPS has certified to the June Report. The June Report has not been approved by any third party, including the Trustee. ITEM 7. Financial Statements and Exhibits (a) Exhibits 99.1 - DVI Receivables XI, L.L.C. 2000-1 Servicer Report for the Payment Date June 14, 2004. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DVI Receivables XI, L.L.C., by its Managing Member, DVI Receivables Corp. VIII By: /s/ Andrew Stearns ------------------------ Andrew Stearns Vice President Dated June 17, 2004 EX-99.1 2 y98276k1exv99w1.txt SERVICER REPORT Exhibit 99.1 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 I. RECONCILIATION OF COLLECTION ACCOUNT: End of Period Collection Account Balance as of Prior Payment Date: $ - Available Funds: Contract payments received in this period $ 1,012,344.41 Sales, Use and Property Tax, Maintenance, Late Charges $ 397,013.75 Prepayment Amount related to early termination in this period $ 434,102.69 Servicer Advance $ - Proceeds received from recoveries on previously Defaulted Contracts $ 13,734.56 Proceeds on closed accounts (Chargeoffs/Settlements) $ 27,423.78 Transfer from Reserve Account $ - Interest Earned on Collection Account $ 2,019.13 Interest Earned on CSA Reserve Account $ 11.40 Funds allocated if shortfall exists from the CSA Reserve Account $ 20,022.62 Amounts paid per Contribution & Servicing Agreement Section 7.01 - Substitution $ - Amounts paid under Insurance Policies $ - Any other amounts $ - Unreconciled Cash Shortfall $ - -------------- Total Available Funds $ 1,906,672.34 Less Amounts to be Retained in Collection Account $ - -------------- AMOUNT TO BE DISTRIBUTED IN CURRENT MONTH $ 1,906,672.34 ============== DISTRIBUTION OF FUNDS: 1. To Trustee-Fees & Expenses $ 2,009.88 2. To Servicer, any unreimbursed Nonrecoverable Advances or Servicer Advances $ - 3. To Servicer, Tax, Maintenance, Late Charges $ 397,013.75 4. To Servicer, Servicing Fee and other Servicing Compensations $ 63,036.28 5. To Noteholders Class A1 Interest $ - Class A2 Interest $ - Class A3 Interest $ - Class A4 Interest $ 250,368.14 Class B Interest $ 7,297.75 Class C Interest $ 14,790.14 Class D Interest $ 10,462.24 Class E Interest $ 16,751.55 Class A1 Principal $ - Class A2 Principal (distributed after A1 Note matures) $ - Class A3 Principal (distributed after A2 Note matures) $ - Class A4 Principal (distributed after A3 Note matures) $ 1,144,942.61 Class B Principal $ - Class C Principal $ - Class D Principal $ - Class E Principal $ - 6. To Reserve Account for Requirement per Indenture Agreement Section 3.08 (Provided no Amortization Event) $ - 7. To Issuer-Residual Principal and Interest and Reserve Account Distribution a) Residual Interest (Provided no Restricting or Amortization Event in effect) $ - b) Residual Principal (Provided no Restricting or Amortization Event in effect) $ - c) Reserve Account Distribution (Provided no Restricting or Amortization Event in effect) $ - -------------- TOTAL FUNDS DISTRIBUTED FOR CURRENT MONTH $ 1,906,672.34 ============== End of Period Collection Account Balance (Includes Payments in Advance & Restricting Event Funds (If any)) $ - ============== II. RESERVE ACCOUNT Beginning Balance $ - -Add Investment Earnings $ - -Add Transfer from Certificate Account (To Satisfy Reserve Account Requirement) $ - -Less Distribution to Certificate Account $ - -------------- End of Period Balance $ - ============== Reserve Account Requirement (Lesser of: (i) Initial Reserve Account Required Amount, or (ii) Sum of Class A, Class B, Class C, Class D, and Class E Note Balances (Provided no Amortization Event)) $ - CSA RESERVE ACCOUNT Aggregate Beginning Balance* $ 455,526.54 -Add Aggregate Investment Earnings $ 258.02 -Add Series 2000-1 Amounts Deposited $ 186,451.14 -Add Amounts Deposited for All Other Securitizations $ 39,093.89 -------------- SubTotal Available Funds $ 681,329.59 Amount Available to this series for payment of Claims based on Note Balances of all securitizations $ 20,122.01 -Less Total Claims submitted for Series 2000-1 $ (20,122.01) -Less Current Month Claims submitted for all other deals $ (168,039.99) -Less Transfer of Investment Earnings to Available Funds for all Securitizations $ (258.02) -------------- Aggregate End of Period Balance $ 492,909.57 ==============
*The CSA Reserve account Beginning Balance has been modified to be the Aggregate Beginning Balance of all securitizations, rather than just the individual series' balance. Payment Date: 6/14/04 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 III. CLASS A NOTE AGGREGATE PRINCIPAL BALANCE Beginning Aggregate Principal Balance of the Class A Notes $38,617,193.60 Class A Overdue Interest, If Any $ - Class A Monthly Interest $ 250,368.14 Class A Overdue Principal, If Any $ - Class A Monthly Principal $ 1,144,942.61 -------------- Ending Aggregate Principal Balance of the Class A Notes $37,472,250.99 ============== IV. CLASS A NOTE PRINCIPAL BALANCE Beginning Principal Balance of the Class A Notes Class A1 $ - Class A2 $ - Class A3 $ - Class A4 $38,617,193.60 -------------- $38,617,193.60 Class A Monthly Interest Class A1 (Actual Number Days/360 $ - Class A2 $ - Class A3 $ - Class A4 $ 250,368.14 Class A Monthly Principal Class A1 $ - Class A2 $ - Class A3 $ - Class A4 $ 1,144,942.61 -------------- $ 1,144,942.61 Ending Principal Balance of the Class A Notes Class A1 $ - Class A2 $ - Class A3 $ - Class A4 CUSIP 23335AAD7 $37,472,250.99 $37,472,250.99 Class A4 Interest Paid Per $1,000 Original Face $95,625,000 2.6182289 Principal Paid Per $1,000 Original Face $95,625,000 11.9732560 Ending Principal Balance Factor 0.3918667 V. CLASS B NOTE PRINCIPAL BALANCE CUSIP 23335AAE5 Beginning Principal Balance of the Class B Notes $ 1,128,518.15 Class B Overdue Interest, If Any $ - Class B Monthly Interest $ 7,297.75 Class B Overdue Principal, If Any $ - Class B Monthly Principal $ - -------------- Ending Principal Balance of the Class B Notes $ 1,128,518.15 ============== Interest Paid Per $1,000 Original Face $4,387,000 1.6634946 Principal Paid Per $1,000 Original Face $4,387,000 0.0000000 Ending Principal Balance Factor 0.2572414 VI. CLASS C NOTE PRINCIPAL BALANCE CUSIP 23335AAF2 Beginning Principal Balance of the Class C Notes $ 2,258,036.39 Class C Overdue Interest, If Any $ - Class C Monthly Interest $ 14,790.14 Class C Overdue Principal, If Any $ - Class C Monthly Principal $ - -------------- Ending Principal Balance of the Class C Notes $ 2,258,036.39 ============== Interest Paid Per $1,000 Original Face $8,775,000 1.6854859 Principal Paid Per $1,000 Original Face $8,775,000 0.0000000 Ending Principal Balance Factor 0.2573261
Payment Date: 6/14/04 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 VII. CLASS D NOTE PRINCIPAL BALANCE CUSIP 2333DAAG0 Beginning Principal Balance of the Class D Notes $ 1,505,357.59 Class D Overdue Interest, If Any $ - Class D Monthly Interest $ 10,462.24 Class D Overdue Principal, If Any $ - Class D Monthly Principal $ - -------------- Ending Principal Balance of the Class D Notes $ 1,505,357.59 ============== Interest Paid Per $1,000 Original Face $5,850,000 1.7884163 Principal Paid Per $1,000 Original Face $5,850,000 0.0000000 Ending Principal Balance Factor 0.2573261 VIII. CLASS E NOTE PRINCIPAL BALANCE CUSIP 2333DAAH8 Beginning Principal Balance of the Class E Notes $ 1,882,197.02 Class E Overdue Interest, If Any $ - Class E Monthly Interest $ 16,751.55 Class E Overdue Principal, If Any $ - Class E Monthly Principal $ - -------------- Ending Principal Balance of the Class E Notes $ 1,882,197.02 ============== Interest Paid Per $1,000 Original Face $7,313,000 2.2906541 Principal Paid Per $1,000 Original Face $7,313,000 0.0000000 Ending Principal Balance Factor 0.2573769 IX. ISSUERS RESIDUAL PRINCIPAL BALANCE Beginning Residual Principal Balance $ - Residual Interest $ - Residual Principal $ - -------------- Ending Residual Principal Balance $ - X. PAYMENT TO SERVICER -Collection period Servicer Fee $ 63,036.28 -Servicer Advance Reimbursement $ - -Less Netting Amount $ - -Tax, Maintenance, Late Charges, and other amounts $ 397,013.75 -------------- Total amounts due to Servicer $ 460,050.03 ==============
Payment Date: 6/14/04 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 XI. AGGREGATE DISCOUNTED CONTRACT BALANCE POOL A (SEE EXHIBIT B) Aggregate Discounted Contract Balance at the beginning of the related Collection Period $ 26,494,553.51 Portion of ADCB at the BEGINNING of the related Collection Period that is Current $ 24,430,373.82 Portion of ADCB at the BEGINNING of the related Collection Period that is Delinquent Payments $ 2,064,179.69 Portion of ADCB at the END of the related Collection Period that is Current $ 19,128,381.77 Portion of ADCB at the END of the related Collection Period that is Delinquent Payments $ 1,193,697.95 --------------- Aggregate Discounted Contract Balance at the end of the related Collection Period $ 20,322,079.72 =============== Decline in Aggregate Discounted Contract Balance $ 6,172,473.79 POOL B (SEE EXHIBIT C) Aggregate Discounted Contract Balance at the beginning of the related Collection Period $ 9,305,071.09 Portion of ADCB at the BEGINNING of the related Collection Period that is Current $ 8,994,038.87 Portion of ADCB at the BEGINNING of the related Collection Period that is Delinquent Payments $ 311,032.22 Portion of ADCB at the END of the related Collection Period that is Current $ 8,339,724.49 Portion of ADCB at the END of the related Collection Period that is Delinquent Payments $ 408,253.77 --------------- Aggregate Discounted Contract Balance at the end of the related Collection Period $ 8,747,978.26 =============== Decline in Aggregate Discounted Contract Balance $ 557,092.83 --------------- AGGREGATE DISCOUNTED CONTRACT BALANCE AT THE END OF THE RELATED COLLECTION PERIOD $ 29,070,057.98 ===============
* The ADCB will consist of the present value of each remaining contract payment and unpaid balances, taking into account payments received with a future due date. Payment Date: 6/14/04 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 XII. CUMULATIVE DETAIL OF DEFAULTED CONTRACTS Lease # ------------------------------------------------------------------------------------------ (See EXHIBIT A) Current Month Cumulative -------------------------------- Pool A Total Discounted Present Value $ 846,067.91 $ 18,322,627.83 Pool B Total Discounted Present Value $ - $ 1,537,621.68 --------------- a) Discounted Contract Balances of all Defaulted Contracts $ 19,860,249.51 b) ADCB at Closing Date $292,528,909.43 c) (Cannot Exceed 6% over the Life of the Pool) 6.79%
XIII. CUMULATIVE DETAIL OF SUBSTITUTED CONTRACTS-PREPAYMENTS (POOL A) Predecessor Discounted Predecessor Discounted Lease # Present Value Lease # Present Value ------------------------------------------------------------------------------------------ ------------------------------- 3155-007 $ 188,552.08 1231-033 $ 1,243,525.87 3155-008 $ 535,706.60 1572-003 $ 878,621.70 3205-002 $ 3,111,829.21 2421-001 $ 1,711,098.71 3307-002 $ 767,314.06 1046-501 $ 639,976.34 3330-004 $ 756,617.60 1100-503 $ 659,108.62 -------------- 1912-002 $ 107,797.25 ---------------- Totals: $ 5,360,019.55 $ 5,240,128.49 a) Discounted Contract Balances of All Prepaid Contracts $ 5,240,128.49 b) ADCB of Pool A at Closing Date $202,195,615.75 c) (Cannot Exceed 10% Over the Life of the Pool) 2.59% Data for Current Reporting Period Substitutions ------------------------------------------------------------------------------------------ a) Total Discounted Contract Balance of Predecessor Receivables $ - b) Total Discounted Contract Balance of Substitute Receivables $ - c) If (a) > (b), amount to be deposited in Collection Account per Contribution & Servicing Agreement 7.02 $ - Changes in any of the above detail during the related Collection Period YES NO X -------------------------------
CUMULATIVE DETAIL OF SUBSTITUTED CONTRACTS-PREPAYMENTS (POOL B) Predecessor Discounted Predecessor Discounted Lease # Present Value Lease # Present Value ------------------------------------------------------------------------------------------ ------------------------------- 3305-001 $ 1,004,680.88 1047-501 $ 77,392.98 -------------- 1100-504 $ 93,947.73 1344-026 $ 17,225.68 1344-029 $ 63,104.76 1344-030 $ 2,292.14 1347-010 $ 5,382.42 1347-011 $ 202,500.53 1347-012 $ 194,679.35 1791-008 $ 10,844.23 1791-010 $ 60,297.19 1791-011 $ 9,057.14 1791-012 $ 9,708.25 2097-004 $ 44,783.62 2454-001 $ 80,861.15 2454-003 $ 86,291.63 1101-524 $ 27,639.26 --------------- Totals: $ 1,004,680.88 $ 986,008.06 a) Discounted Contract Balances of All Prepaid Contracts $ 986,008.06 b) ADCB of Pool B at Closing Date $ 90,333,293.68 c) (Cannot Exceed 10% Over the Life of the Pool Unless Rating Agency Approves) 1.09% Data for Current Reporting Period Substitutions ------------------------------------------------------------------------------------------ a) Total Discounted Contract Balance of Predecessor Receivables $ - b) Total Discounted Contract Balance of Substitute Receivables $ - c) If (a) > (b), amount to be deposited in Collection Account per Contribution & Servicing Agreement 7.02 $ - Changes in any of the above detail during the related Collection Period YES NO X -------------------------------
Payment Date: 6/14/04 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 XIV. CUMULATIVE DETAIL OF SUBSTITUTED CONTRACTS-NON-PERFORMING (POOL A) Predecessor Discounted Predecessor Discounted Lease # Present Value Lease # Present Value ----------------------------------------------------------------------------------------------------------------------------- 2841-002 $ 980,724.35 2207-005 $ 1,326,497.89 2908-001 $ 131,731.36 2002476-2 $ 169,739.33 Cash $ 44,302.85 1999-004 $ 2,985,811.62 1881-005 $ 2,387,877.73 3155-007 $ 335,553.30 4284-402 $ 335,553.30 1504-013 $ 1,221,375.67 2557-001 $ 1,323,430.38 Cash $ 102,054.71 3698-001 $ 2,192,917.65 1969-006 $ 1,246,104.58 3702-007 $ 2,491,584.11 973-024 $ 23,059.86 -------------- 1081-502 $ 1,402,638.25 1629-016 $ 227,769.98 1191-501 $ 50,901.66 2407-001 $ 1,156,266.41 2407-002 $ 650,353.97 ---------------- Totals: $10,655,794.95 $ 10,130,454.01 a) Discounted Contract Balances of all Non-Performing Contracts $ 10,130,454.01 b) ADCB of Pool A at Closing Date $202,195,615.75 c) (Cannot Exceed 10% Over the Life of the Pool) 5.01% Data for Current Reporting Period Substitutions ---------------------------------------------------------------------------- a) Total Discounted Contract Balance of Predecessor Receivables $ - b) Total Discounted Contract Balance of Substitute Receivables $ - c) If (a) > (b), amount to be deposited in Collection Account per Contribution & Servicing Agreement 7.02 $ - Changes in any of the above detail during the related Collection Period YES NO X -------------------------------
CUMULATIVE DETAIL OF SUBSTITUTED CONTRACTS -GENERAL RIGHTS (POOL B) Predecessor Discounted Predecessor Discounted Lease # Present Value Lease # Present Value - --------------------------------------------------------------------------------------------------------------------------------- 1679-002 $ 506,250.32 2207-004 $ 611,746.22 1218-020 $ 200,642.43 -------------- ---------------- Totals: $ 706,892.75 $ 611,746.22 a) Discounted Contract Balances of All Non-Performing Contracts and of all Contracts Substituted $ 611,746.22 b) ADCB of Pool B at Closing Date $ 90,333,293.68 c) (Cannot Exceed 10% Over the Life of the Pool) 0.68% Data for Current Reporting Period Substitutions ----------------------------------------------------------------------------- a) Total Discounted Contract Balance of Predecessor Receivables $ - b) Total Discounted Contract Balance of Substitute Receivables $ - c) If (a) > (b), amount to be deposited in Collection Account per Contribution & Servicing Agreement 7.02 $ - Changes in any of the above detail during the related Collection Period YES NO X -------------------------------
Payment Date: 6/14/04 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 XV. POOL PERFORMING MEASUREMENTS 1 Aggregate Discounted Contract Balance Contracts Delinquent > 90 days - This Month : $ 2,280,879.61 -1 Month Prior : $ 4,860,761.29 -2 Months Prior : $ 2,640,104.95 ---------------- Total $ 9,781,745.85 a) 3 Month Average: $ 3,260,581.95 Total Outstanding Contracts - This Month : $ 29,070,057.98 -1 Month Prior : $ 35,799,624.60 -2 Months Prior : $ 37,711,671.01 ---------------- Total $102,581,353.59 b) 3 Month Average: $ 34,193,784.53 c) a/b 9.54% 2. Does a Delinquency Condition Exist (1c >6%)? YES ---------------- 3. Restricting Event Check A. A Delinquency Condition Exists for Current Period? YES ---------------- B. An Indenture Event of Default has occurred and is then Continuing? * NO ---------------- 4. Has a Servicer Event of Default Occurred? * NO ---------------- 5. Amortization Event? YES ---------------- 6. Aggregate Discounted Contract Balance at Closing Date $292,528,909.43 Aggregate Discounted Contract Balances (A.D.C.B.) of Contracts listed as more than: A.D.C.B ** ----------------------------------------------------------------------------------- 30 Days Overdue $ 2,978,956.59 60 Days Overdue $ 1,082,908.75 90 Days Overdue $ 468,062.22 120 Days Overdue $ 102,285.99 150 Days Overdue $ 1,710,531.40 180 Days Overdue $ - ---------------- $ 6,342,744.95 % OF TOTAL $ 29,070,057.98 A.D.C.B ----------------------------------------------------------------------------------- 30 Days Overdue 10.248% 60 Days Overdue 3.725% 90 Days Overdue 1.610% 120 Days Overdue 0.352% 150 Days Overdue 5.884% 180 Days Overdue 0.000%
- -------------------------- *Pursuant to the Settlement Agreement, any Indenture or Contribution & Servicing Agreement event of default listed under Section XV that occurred prior to February 24, 2004 are waived. **Previously reported ADCB calculations were based on scheduled present value and calculations on this report and going forward will include the present value of each remaining contract payment and unpaid balances. Payment Date: 6/14/04 DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 EXHIBIT # A - DETAIL ON DEFAULTED CONTRACTS
DISCOUNTED DEFAULT MONTH CONTRACT # POOL CONTRACT BALANCE ------------- ---------- ---- ---------------- Aug-03 2000664-001 A $ 6,445.66 Oct-03 0001254-501 B $ 21,116.71 Oct-03 9902003-701 B $ 32,987.01 Nov-03 0001459-005 A $ 71,973.87 Nov-03 0001504-013 A $ 871,193.98 Nov-03 0002413-002 B $ 66,097.53 Dec-03 0001235-501 B $ 30,650.19 Jan-04 0001527-003 A $ 186,359.66 Jan-04 0001527-004 A $ 166,789.83 Jan-04 0001831-006 A $ 40,985.46 Jan-04 0001927-002 A $ 28,537.90 Jan-04 0002287-001 A $ 465,200.13 Jan-04 0002287-002 A $ 78,139.39 Jan-04 0002378-001 A $ 2,510,477.71 Jan-04 0002419-002 A $ 87,767.60 Jan-04 0003307-002 A $ 508,078.14 Jan-04 0003330-004 A $ 500,995.50 Jan-04 0003698-001 A $ 2,326,700.99 Jan-04 0003702-007 A $ 2,510,667.03 Jan-04 9901628-401 A $ 2,318.80 Jan-04 0002405-004 A $ 2,313,787.65 Jan-04 0002405-006 A $ 2,252,635.78 Jan-04 0002419-001 A $ 526,387.57 Jan-04 0004282-401 A $ 115,492.64 Jan-04 0003305-001 B $ 665,251.08 Jan-04 0001831-005 B $ 17,717.88 Jan-04 0001831-007 B $ 19,106.90 Feb-04 0002362-002 A $ 67,645.03 Feb-04 0002362-001 A $ 687,687.53 Feb-04 0002487-001 A $ 105,088.36 Feb-04 0001608-002 A $ 516,405.18 Feb-04 0002530-002 A $ 34,386.82 Feb-04 0002530-003 A $ 34,386.82 Feb-04 0002253-003 A $ 56,813.97 Feb-04 9902414-701 B $ 12,286.57 Mar-04 9902143-401 A $ 3,360.55 Mar-04 2031123-003 A $ 6,872.85 Mar-04 0002121-001 B $ 317,493.99 Mar-04 0002121-003 B $ 145,518.25 Mar-04 0002542-001 B $ 73,590.93 Apr-04 1829-007 A $ 29,665.40 Apr-04 1975-004 A $ 34,821.25 Apr-04 2345-004 A $ 41,703.22 Apr-04 9902120-401 A $ 3,555.99 May-04 0001829-006 A $ 83,106.73 May-04 0001829-008 A $ 134,921.32 May-04 0001975-003 A $ 54,894.39 May-04 0002345-001 A $ 421,809.72 May-04 0002345-003 A $ 126,267.55 May-04 2000545-001 A $ 8,146.93 May-04 9603322-302 A $ 13,224.92 May-04 9702317-702 A $ 3,696.35 CHARGEOFFS Aug-03 0001271-517 B $ 125,282.78 Sep-03 2000350-001 A $ 35,244.12 Jan-04 9901974-401 A $ 5,453.21 Jan-04 9901974-402 A $ 5,477.53 Feb-04 9901288-701 B $ 10,521.85 SETTLEMENT Feb-04 9804906-701 A $ - Oct-03 9906004-301 A $ - Feb-04 9902156-002 B $ - Jan-04 0002468-001 A $ 105,398.77 Jan-04 0002468-002 A $ 131,658.04 -------------- $19,860,249.51 ============== CURRENT MONTH DEFAULTS RETURNED TO ADCB
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 XI. AGGREGATE DISCOUNTED CONTRACT BALANCE POOL A EXHIBIT B
APR ADCB APR DELINQ MAY ADCB MAY DELINQ 003-9704272-007 $ - $ - $ - $ - 003-9802505-701 $ - $ - $ - $ - 003-9901539-701 $ - $ - $ - $ - 003-9803218-901 $ - $ - $ - $ - 003-9803372-701 $ - $ - $ - $ - 003-9803402-701 $ - $ - $ - $ - 003-9803950-701 $ - $ - $ - $ - 003-9902007-701 $ - $ - $ - $ - 003-2000260-001 $ - $ - $ - $ - 003-2000335-001 $ - $ - $ - $ - 003-3091316-704 $ - $ - $ - $ - 003-9902391-731 $ - $ - $ - $ - 003-9805495-401 $ - $ - $ - $ - 003-9902392-221 $ - $ - $ - $ - 003-9905739-301 $ - $ - $ - $ - 003-9905791-231 $ - $ - $ - $ - 003-9901251-621 $ - $ - $ - $ - 003-9901484-301 $ - $ - $ - $ - 003-9801369-101 $ 434.88 $ - $ - $ - 003-9805219-701 $ - $ - $ - $ - 003-9901759-611 $ - $ - $ - $ - 003-9901795-001 $ - $ - $ - $ - 003-9901982-621 $ - $ - $ - $ - 003-9902032-301 $ - $ - $ - $ - 003-9902036-701 $ - $ - $ - $ - 003-9902258-221 $ - $ - $ - $ - 003-9902288-621 $ - $ - $ - $ - 003-9902377-541 $ - $ - $ - $ - 003-9906124-401 $ - $ - $ - $ - 003-9901632-401 $ 443.72 $ - $ 333.94 $ - 003-9901672-301 $ 569.99 $ - $ 457.56 $ - 003-9900703-901 $ 643.65 $ 163.71 $ 484.40 $ - 003-9901872-621 $ 679.90 $ - $ 584.77 $ - 003-9900656-701 $ 807.05 $ - $ 607.37 $ - 003-9703482-402 $ 757.08 $ - $ 607.75 $ 166.56 003-9901888-001 $ 882.17 $ - $ 708.17 $ - 003-9901739-401 $ 1,062.37 $ 292.50 $ 799.52 $ 278.99 003-9901744-701 $ 1,100.66 $ - $ 828.34 $ - 003-3051194-402 $ 965.50 $ - $ 861.16 $ - 003-9901686-401 $ 1,158.45 $ 237.06 $ 929.95 $ - 003-9700511-302 $ 1,302.12 $ - $ 979.95 $ 331.19 003-9901668-622 $ 1,228.00 $ - $ 1,026.85 $ - 003-9601055-402 $ 1,171.10 $ - $ 1,028.22 $ - 003-9901300-701 $ 1,409.84 $ - $ 1,061.03 $ - 003-9900836-702 $ 1,374.98 $ - $ 1,103.77 $ 297.58 003-9901882-621 $ 1,400.74 $ 300.30 $ 1,124.45 $ 300.30 003-2000169-002 $ 1,284.96 $ - $ 1,128.19 $ - 003-9906096-221 $ 1,281.54 $ - $ 1,157.33 $ 133.09 001-0002384-001 $ 2,323.81 $ - $ 1,165.92 $ - 001-0002383-001 $ 2,347.56 $ - $ 1,177.84 $ - 003-9801135-622 $ 1,371.17 $ - $ 1,179.32 $ 201.35 003-9901661-301 $ 1,457.30 $ 231.77 $ 1,189.88 $ - 003-9901683-401 $ 1,597.62 $ - $ 1,202.34 $ - 003-9901880-731 $ 1,500.75 $ - $ 1,204.73 $ - 003-9703286-903 $ 1,584.25 $ - $ 1,271.77 $ - 003-9901969-701 $ 1,478.70 $ - $ 1,298.30 $ 190.65 003-9902365-701 $ 1,335.69 $ - $ 1,335.69 $ - 003-9901613-701 $ 1,997.25 $ - $ 1,336.09 $ - 003-9902005-401 $ 1,675.13 $ - $ 1,400.74 $ - 003-9901510-701 $ 1,767.30 $ - $ 1,520.03 $ - 003-9901751-002 $ 1,704.74 $ - $ 1,539.51 $ 187.66 003-2000036-001 $ 1,762.58 $ 913.56 $ 1,547.55 $ 954.45 003-9902388-401 $ 1,786.70 $ - $ 1,568.72 $ - 003-9901754-301 $ 1,883.35 $ - $ 1,574.85 $ - 003-9906091-621 $ 1,840.10 $ - $ 1,582.64 $ - 003-9901526-701 $ 2,042.24 $ - $ 1,639.41 $ 416.98 003-9905994-541 $ 1,856.59 $ - $ 1,676.65 $ - 003-4081260-702 $ 1,885.87 $ - $ 1,682.07 $ - 003-9902340-001 $ 2,031.06 $ - $ 1,698.37 $ - 003-9901287-901 $ 2,138.57 $ 832.16 $ 1,716.75 $ 340.06 003-2000052-001 $ 2,033.52 $ - $ 1,813.77 $ 247.88 003-9901130-401 $ 2,037.87 $ - $ 1,817.65 $ 234.35
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 003-9800662-402 $ 2,176.38 $ - $ 1,819.88 $ - 003-9901660-701 $ 2,450.39 $ - $ 1,835.52 $ - 003-9803093-402 $ 2,542.90 $ - $ 1,913.75 $ 512.47 003-2000511-001 $ 2,162.41 $ - $ 1,952.83 $ - 003-9901706-731 $ 2,452.22 $ - $ 1,968.53 $ - 003-9906187-701 $ 2,288.80 $ - $ 1,968.57 $ - 003-9901792-731 $ 2,453.00 $ - $ 1,969.16 $ - 003-9901866-701 $ 2,423.60 $ - $ 2,026.61 $ - 003-2000105-001 $ 2,274.83 $ - $ 2,029.00 $ - 003-2000303-003 $ 2,282.48 $ - $ 2,035.83 $ - 003-9701602-702 $ 2,714.60 $ - $ 2,042.96 $ - 003-9902244-401 $ 2,338.81 $ - $ 2,112.13 $ 257.08 003-2000318-001 $ 2,456.67 $ - $ 2,156.96 $ - 003-2000123-001 $ 2,490.31 $ - $ 2,221.20 $ - 003-9905997-701 $ 2,476.03 $ - $ 2,236.05 $ - 003-9900792-701 $ 2,753.59 $ - $ 2,302.55 $ 510.68 003-9902190-401 $ 2,702.84 $ - $ 2,324.68 $ - 003-9906065-231 $ 2,753.81 $ 355.05 $ 2,417.85 $ - 003-2000042-001 $ 3,129.75 $ - $ 2,691.86 $ - 003-2000344-001 $ 3,081.04 $ - $ 2,705.16 $ - 003-9901943-401 $ 3,169.39 $ - $ 2,725.95 $ 465.41 003-9902311-001 $ 3,340.53 $ - $ 2,793.34 $ - 003-9906179-541 $ 3,398.48 $ - $ 3,100.09 $ - 003-9901435-901 $ 3,722.29 $ 667.30 $ 3,112.58 $ 667.30 001-0001586-011 $ 3,520.42 $ 473.68 $ 3,139.99 $ 473.68 003-9901785-701 $ 3,998.86 $ - $ 3,210.10 $ - 003-9902171-701 $ 3,634.86 $ - $ 3,242.06 $ - 003-2000169-001 $ 3,770.64 $ - $ 3,310.62 $ - 003-2000042-002 $ 3,939.49 $ - $ 3,458.87 $ - 003-9901674-701 $ 3,963.22 $ - $ 3,534.93 $ - 001-0002491-001 $ 4,258.10 $ - $ 3,560.62 $ - 003-9702193-005 $ 4,207.69 $ - $ 3,694.36 $ - 003-9902353-401 $ 4,181.94 $ - $ 3,814.76 $ - 003-9901751-401 $ 4,877.08 $ 882.64 $ 4,078.20 $ 882.64 001-0002338-004 $ 5,036.79 $ - $ 4,332.08 $ - 003-9905838-701 $ 4,948.40 $ - $ 4,344.70 $ - 003-9804066-402 $ 5,071.65 $ - $ 4,452.91 $ - 003-9901668-621 $ 5,663.14 $ - $ 4,546.11 $ - 003-9900913-901 $ 5,352.77 $ - $ 4,603.84 $ - 003-9901076-901 $ 5,352.77 $ - $ 4,603.84 $ 833.19 003-2000245-001 $ 5,569.08 $ - $ 4,967.25 $ - 001-0001750-002 $ 6,094.30 $ - $ 5,241.62 $ - 003-9902379-201 $ 6,343.22 $ - $ 5,304.19 $ - 003-9905887-701 $ 6,188.27 $ - $ 5,322.45 $ - 003-9901691-401 $ 6,376.61 $ 218.38 $ 5,598.68 $ 218.38 003-9901467-901 $ 6,372.57 $ - $ 5,683.92 $ - 003-9902206-701 $ 7,117.51 $ - $ 5,713.61 $ 1,453.24 003-9905909-541 $ 6,477.11 $ 716.38 $ 5,849.34 $ 716.38 001-0002453-001 $ 8,244.72 $ - $ 5,880.56 $ - 003-9901999-701 $ 6,516.01 $ - $ 5,884.48 $ - 003-2000253-001 $ 6,895.19 $ - $ 6,053.98 $ 933.45 001-0002390-003 $ 8,268.72 $ - $ 6,203.86 $ - 001-0002259-003 $ 7,447.15 $ 2,187.16 $ 6,405.19 $ 2,187.16 003-2000472-001 $ 7,206.80 $ - $ 6,508.32 $ - 001-0001984-003 $ 7,643.73 $ 936.23 $ 6,711.21 $ - 001-0002246-002 $ 7,662.83 $ - $ 6,920.15 $ - 003-9901981-001 $ 8,452.65 $ - $ 7,068.09 $ - 003-9905995-701 $ 8,098.07 $ - $ 7,313.20 $ - 001-0002452-003 $ 11,190.08 $ 902.58 $ 7,446.60 $ - 003-9901240-621 $ 9,005.38 $ - $ 7,530.29 $ 1,537.52 001-0002282-001 $ 8,900.38 $ 1,362.38 $ 7,655.09 $ 1,362.38 001-0004280-401 $ 10,300.88 $ - $ 7,680.88 $ - 001-0002391-003 $ 8,863.61 $ - $ 7,720.82 $ - 001-0002410-003 $ 8,666.41 $ - $ 7,905.49 $ - 001-0002246-004 $ 9,035.27 $ 384.89 $ 8,159.57 $ - 001-0002231-008 $ 10,475.69 $ 1,788.55 $ 8,759.75 $ 1,788.55 003-9802286-402 $ 10,056.27 $ - $ 8,829.42 $ 1,374.36 001-0002385-003 $ 10,139.35 $ - $ 9,043.63 $ - 003-9902009-401 $ 10,569.96 $ - $ 9,091.07 $ 1,707.37 003-2000368-001 $ 10,241.35 $ - $ 9,134.61 $ 1,236.62 003-9902337-541 $ 10,120.18 $ 1,114.06 $ 9,139.33 $ - 003-2000233-001 $ 10,113.21 $ - $ 9,155.15 $ - 001-0001468-002 $ 10,215.80 $ 1,060.93 $ 9,225.68 $ 1,060.93 003-2000541-001 $ 10,422.66 $ - $ 9,296.33 $ - 001-0002441-004 $ 10,970.72 $ 1,611.00 $ 9,435.76 $ 1,611.00
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 001-0002313-007 $ 10,386.12 $ - $ 9,553.11 $ - 001-0002594-001 $ 10,386.12 $ - $ 9,553.11 $ - 001-0002449-003 $ 10,604.62 $ 1,189.42 $ 9,576.82 $ 2,378.84 001-0002416-001 $ 10,638.13 $ - $ 9,607.08 $ - 001-0002416-002 $ 10,638.13 $ 1,160.03 $ 9,607.08 $ 1,160.03 003-9902087-401 $ 9,623.22 $ - $ 9,623.22 $ - 001-0001740-003 $ 11,048.85 $ 2,541.77 $ 9,854.85 $ - 001-0002267-006 $ 11,057.76 $ 1,217.27 $ 9,986.04 $ 1,217.27 001-0002231-010 $ 11,990.49 $ 1,545.94 $ 10,527.67 $ 1,545.94 001-0002547-002 $ 12,894.80 $ 2,819.27 $ 11,645.04 $ - 003-2000320-001 $ 13,325.17 $ - $ 11,699.51 $ - 001-0002524-001 $ 14,561.02 $ 3,328.71 $ 13,149.76 $ 3,334.38 001-0001828-002 $ 16,120.38 $ - $ 13,552.12 $ - 003-2000060-001 $ 16,163.39 $ - $ 13,901.91 $ - 003-9901569-701 $ 17,391.67 $ - $ 14,542.89 $ - 001-0001894-005 $ 16,822.03 $ - $ 15,191.63 $ - 001-0002441-006 $ 16,647.06 $ 1,450.55 $ 15,311.90 $ 1,450.55 001-0002052-002 $ 20,035.10 $ 4,090.73 $ 16,083.25 $ - 001-0002477-001 $ 20,409.63 $ - $ 16,383.90 $ - 001-0002313-008 $ 17,948.65 $ - $ 16,809.06 $ - 001-0002441-003 $ 19,454.75 $ 1,695.20 $ 17,894.40 $ 1,695.20 001-0004289-401 $ 20,106.80 $ - $ 18,158.05 $ - 001-0002441-002 $ 21,591.68 $ 3,170.64 $ 18,570.71 $ 3,170.64 001-0002471-002 $ 20,843.93 $ - $ 18,591.41 $ - 001-0002452-002 $ 25,302.60 $ 3,110.00 $ 18,893.49 $ - 001-0002231-013 $ 23,150.20 $ 2,193.10 $ 21,117.57 $ 2,193.10 001-0002496-002 $ 22,860.45 $ 1,845.00 $ 21,173.91 $ 1,845.00 003-9902152-301 $ 26,054.19 $ - $ 22,408.85 $ - 001-0002497-001 $ 26,244.76 $ - $ 24,309.30 $ - 001-0002269-002 $ 33,453.04 $ - $ 25,176.24 $ 8,508.69 001-0002288-002 $ 27,905.33 $ - $ 25,455.19 $ - 001-0002441-005 $ 29,057.84 $ 2,531.97 $ 26,727.29 $ 2,531.97 003-9901711-548 $ 37,672.98 $ 16,710.88 $ 30,242.12 $ - 001-0002480-001 $ 36,977.47 $ - $ 30,920.50 $ 6,692.09 001-0002496-003 $ 34,838.38 $ - $ 32,460.10 $ - 001-0002381-003 $ 35,700.62 $ - $ 33,831.56 $ - 001-0002479-001 $ 39,388.35 $ 4,641.66 $ 33,877.38 $ 6,188.88 001-0002059-005 $ 41,239.73 $ - $ 34,484.59 $ - 001-0002231-011 $ 39,448.16 $ 5,086.07 $ 34,635.53 $ 5,086.07 001-0000983-033 $ 43,187.77 $ - $ 34,669.14 $ - 024-0004436-401 $ 41,271.89 $ - $ 35,497.39 $ - 001-0004291-401 $ 40,418.22 $ - $ 36,869.42 $ - 001-0002059-008 $ 44,112.51 $ - $ 36,886.81 $ - 001-0002187-002 $ 41,374.96 $ 2,441.11 $ 39,627.54 $ 2,542.83 001-0002448-002 $ 53,005.46 $ - $ 39,704.84 $ - 001-0002272-005 $ 44,549.14 $ 3,137.29 $ 41,720.65 $ 3,137.29 001-0002496-004 $ 44,809.58 $ - $ 41,750.62 $ - 001-0002272-006 $ 44,148.39 $ 2,617.36 $ 41,837.05 $ 2,617.36 001-0002547-001 $ 46,690.04 $ 9,697.70 $ 42,164.83 $ - 001-0002059-009 $ 52,219.46 $ - $ 45,848.75 $ - 001-0002390-002 $ 55,701.14 $ - $ 47,907.79 $ - 001-0002908-001 $ 53,141.72 $ - $ 50,782.13 $ - 001-0002523-002 $ 56,441.63 $ 2,774.98 $ 54,057.88 $ 5,549.96 001-0002059-001 $ 62,001.35 $ - $ 55,301.12 $ - 001-0002231-012 $ 64,140.78 $ 14,752.06 $ 57,209.36 $ 14,752.06 001-0002423-002 $ 61,975.44 $ - $ 58,006.03 $ - 001-0002481-001 $ 70,814.78 $ - $ 58,724.33 $ - 001-0002391-002 $ 76,509.75 $ - $ 59,443.23 $ - 001-0002529-001 $ 62,179.40 $ - $ 62,179.40 $ 8,190.18 001-0002059-010 $ 66,180.19 $ - $ 66,180.19 $ - 001-0002385-002 $ 77,202.81 $ - $ 68,859.82 $ - 001-0002461-002 $ 73,208.46 $ 8,343.36 $ 68,866.15 $ 8,343.36 001-0001231-034 $ 76,832.57 $ 28,888.10 $ 71,587.53 $ 34,665.72 001-0001560-011 $ 78,819.74 $ - $ 72,498.09 $ - 001-0002388-001 $ 93,526.36 $ 4,634.40 $ 75,078.62 $ - 001-0002518-001 $ 84,316.93 $ - $ 77,554.38 $ - 001-0002326-002 $ 86,193.27 $ - $ 80,720.73 $ 6,070.00 001-0002382-002 $ 92,215.26 $ - $ 85,920.10 $ - 001-0004299-401 $ 86,391.31 $ - $ 86,391.31 $ - 001-0002167-001 $ 96,618.80 $ - $ 87,658.53 $ 10,376.33 001-0002449-002 $ 111,496.64 $ - $ 91,144.57 $ - 001-0002390-001 $ 113,131.05 $ 20,908.74 $ 94,599.98 $ 20,715.60 001-0002448-001 $ 120,108.06 $ - $ 99,601.60 $ - 001-0002231-014 $ 109,308.50 $ 2,979.15 $ 99,711.02 $ 2,979.15 001-0002359-001 $ 112,891.03 $ - $101,949.60 $ -
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 001-0002376-001 $ 116,437.12 $ 10,145.81 $ 107,098.41 $ 20,291.62 001-0002496-001 $ 125,143.93 $ - $ 115,911.38 $ 10,100.00 001-0002381-002 $ 125,057.18 $ - $ 118,509.96 $ - 001-0001200-501 $ 138,266.11 $ - $ 118,920.78 $ 20,303.75 001-0002484-001 $ 122,566.61 $ - $ 122,566.61 $ - 001-0002391-001 $ 146,487.75 $ - $ 124,976.69 $ - 001-0002439-001 $ 127,084.29 $ - $ 127,084.29 $ - 001-0002319-002 $ 139,384.54 $ 6,766.82 $ 134,026.49 $ 6,766.81 001-0002385-001 $ 153,478.83 $ - $ 134,754.60 $ - 001-0002452-001 $ 185,789.77 $ 20,494.83 $ 165,712.25 $ 21,275.47 001-0002316-002 $ 177,709.55 $ 8,063.12 $ 170,878.25 $ 8,063.12 001-0002513-002 $ 183,159.96 $ 12,133.62 $ 172,295.94 $ - 001-0002475-001 $ 198,644.49 $ 45,687.64 $ 177,177.80 $ 45,687.64 001-0002449-001 $ 198,521.23 $ 22,265.78 $ 179,280.50 $ 44,531.92 001-0002259-001 $ 226,233.83 $ 66,442.75 $ 194,580.60 $ 66,442.76 001-0002597-001 $ 226,846.83 $ 22,685.34 $ 206,929.26 $ 22,685.34 001-0002395-001 $ 229,485.81 $ - $ 209,336.53 $ - 001-0002326-001 $ 228,504.46 $ - $ 213,996.38 $ 16,092.00 001-0002467-002 $ 223,858.31 $ - $ 216,290.32 $ - 001-0002358-001 $ 240,690.31 $ - $ 217,362.55 $ - 001-0002466-001 $ 250,324.51 $ 32,274.46 $ 219,785.22 $ - 001-0002402-001 $ 244,327.44 $ 115,730.00 $ 222,875.04 $ 138,876.00 001-0002440-001 $ 258,608.55 $ - $ 235,902.24 $ - 001-0002394-001 $ 284,213.34 $ 62,231.38 $ 256,667.31 $ 30,649.14 001-0003155-007 $ 271,642.73 $ 53,534.55 $ 262,818.75 $ 64,241.46 001-0003155-008 $ 288,599.53 $ 55,098.85 $ 279,580.23 $ 66,118.62 001-0002423-001 $ 299,124.00 $ - $ 283,282.43 $ - 001-0001231-035 $ 319,723.12 $ 100,010.70 $ 301,937.19 $ 120,012.84 001-0002398-001 $ 324,261.22 $ - $ 305,659.20 $ - 001-0002841-002 $ 329,593.95 $ - $ 310,044.29 $ - 001-0002528-001 $ 345,405.95 $ - $ 311,929.12 $ - 001-0002386-001 $ 345,764.67 $ 19,688.47 $ 329,587.37 $ 19,688.47 001-0002461-001 $ 362,969.66 $ 25,561.46 $ 339,924.18 $ 25,561.46 001-0002068-001 $ 354,830.88 $ - $ 343,496.13 $ - 001-0001835-002 $ 366,629.98 $ 48,575.56 $ 344,883.56 $ 72,863.34 001-0002523-001 $ 365,570.08 $ - $ 353,402.22 $ - 001-0002387-001 $ 378,162.14 $ - $ 369,230.44 $ - 001-0001475-003 $ 406,055.69 $ - $ 388,470.33 $ - 001-0002513-001 $ 422,446.91 $ 27,985.43 $ 397,389.74 $ - 001-0002428-001 $ 451,748.85 $ - $ 432,266.22 $ - 001-0002596-001 $ 480,332.59 $ 93,093.63 $ 453,612.10 $ 93,366.80 001-0002520-001 $ 572,056.36 $ - $ 535,735.66 $ - 001-0001590-001 $ 1,032,856.92 $ 36,100.31 $1,003,916.34 $ 36,100.30 001-0002065-001 $ 1,282,487.64 $ 48,969.71 $1,242,407.41 $ 48,969.72 001-0002328-003 $ 1,518,090.24 $ - $1,475,553.46 $ - 001-0002328-004 $ 1,518,090.24 $ - $1,475,553.46 $ - PAYOFFS 003-9803768-501 $ - $ - $ - $ - May, 2004 Payoff 001-0002537-001 $ - $ - $ - $ - May, 2004 Payoff 003-2000261-001 $ - $ - $ - $ - May, 2004 Payoff 003-9901432-701 $ 300.41 $ - $ - $ - May, 2004 Payoff 001-0002450-003 $ 10,604.62 $ - $ - $ - May, 2004 Payoff 001-0001986-003 $ 12,340.93 $ - $ - $ - May, 2004 Payoff 001-0002412-002 $ 47,121.45 $ 3,318.44 $ - $ - May, 2004 Payoff 001-0002438-003 $ 89,577.64 $ 13,154.07 $ - $ - May, 2004 Payoff 001-0002450-002 $ 91,589.65 $ - $ - $ - May, 2004 Payoff 001-0002450-001 $ 198,521.23 $ - $ - $ - May, 2004 Payoff 001-0002412-001 $ 636,068.20 $ 55,424.14 $ - $ - May, 2004 Payoff 001-0002438-001 $ 674,329.81 $ 44,486.32 $ - $ - May, 2004 Payoff 001-0002486-001 $ - $ - $ - $ - April, 2004 Payoff 001-0002511-001 $ - $ - $ - $ - April, 2004 Payoff 003-2000293-001 $ - $ - $ - $ - April, 2004 Payoff --------------------------------------------------------------------- $24,430,373.82 $ 2,064,179.69 $19,128,381.77 $ 1,193,697.95 ===================================================================== DEFAULTS 003-2000545-001 $ 4,513.58 $ 3,114.30 $ - $ 3,633.35 May, 2004 Default 003-9603322-302 $ 6,906.90 $ 5,389.89 $ - $ 6,318.02 May, 2004 Default 001-0001975-003 $ 33,006.58 $ 18,760.98 $ - $ 21,887.81 May, 2004 Default 001-0001829-006 $ 51,620.73 $ 26,988.00 $ - $ 31,486.00 May, 2004 Default 001-0002345-003 $ 78,429.55 $ 41,004.00 $ - $ 47,838.00 May, 2004 Default 001-0001829-008 $ 81,124.71 $ 46,111.38 $ - $ 53,796.61 May, 2004 Default 001-0002345-001 $ 253,623.31 $ 144,159.78 $ - $ 168,186.41 May, 2004 Default 003-9702317-702 $ 1,517.55 $ 1,868.95 $ - $ 2,178.80 May, 2004 Default 003-9902120-401 $ - $ 1,900.78 April, 2004 Default 001-0001829-007 $ - $ 10,750.98 April, 2004 Default
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 001-0001975-004 $ - $ 12,619.50 April, 2004 Default 001-0002345-004 $ - $ 15,113.58 April, 2004 Default 003-9902143-401 $ - March, 2004 Default 003-2031123-003 $ - March, 2004 Default 001-0001608-002 $ - February, 2004 Default 001-0002253-003 $ - February, 2004 Default 001-0002362-001 $ - February, 2004 Default 001-0002362-002 $ - February, 2004 Default 001-0002487-001 $ - February, 2004 Default 003-9804906-701 $ - February, 2004 Default 001-0002530-002 $ - February, 2004 Default 001-0002530-003 $ - February, 2004 Default ------------------------------------------------------------------------- APR DEFAULTS DCB $ 109,959.86 MAY DEFAULTS DCB $ 846,067.91 ========================================================================= SETTLEMENTS GAIN/LOSS 001-0002335-003 $ 849,658.86 $ 255,569.14 May, 2004 Settlement $(1,079,923.90) 001-0002335-004 $ 849,658.86 $ 292,155.35 May, 2004 Settlement $(1,139,694.53) ------------------------------------------------------------------------- APR TOTAL BALANCE $26,494,553.51 MAY TOTAL BALANCE $20,322,079.72 =========================================================================
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 XI. AGGREGATE DISCOUNTED CONTRACT BALANCE POOL B EXHIBIT C
APR ADCB APR DELINQ MAY ADCB MAY DELINQ 001-0000867-100 $ - $ - $ - $ - 001-0000867-101 $ - $ - $ - $ - 001-0000867-102 $ - $ - $ - $ - 001-0000867-104 $ - $ - $ - $ - 001-0000867-105 $ - $ 613.36 $ - $ - 001-0000867-107 $ - $ 1,297.24 $ - $ - 001-0000867-582 $ - $ - $ - $ - 001-0000867-583 $ - $ - $ - $ - 001-0000867-584 $ - $ - $ - $ - 001-0000867-586 $ - $ - $ - $ - 001-0000867-587 $ - $ - $ - $ - 001-0000867-592 $ - $ - $ - $ - 001-0000867-593 $ - $ - $ - $ - 001-0000867-594 $ - $ - $ - $ - 001-0000867-596 $ - $ - $ - $ - 001-0000867-597 $ - $ - $ - $ - 001-0000867-598 $ - $ - $ - $ - 001-0001192-502 $ - $ - $ - $ - 001-0001204-501 $ - $ 7,918.30 $ - $ 7,918.30 001-0001224-501 $ - $ - $ - $ - 001-0001244-501 $ - $ - $ - $ - 001-0001246-501 $ - $ - $ - $ - 001-0001249-501 $ - $ - $ - $ - 001-0001251-501 $ - $ - $ - $ - 001-0001284-501 $ - $ 6,090.29 $ - $ 1,755.68 001-0002514-001 $ - $ - $ - $ - 001-0002521-001 $ - $ - $ - $ - 001-0002565-002 $ - $ - $ - $ - 003-2000094-001 $ - $ - $ - $ - 003-9800063-702 $ - $ - $ - $ - 001-0001210-501 $ - $ 6,421.91 $ - $ - 001-0001209-501 $ - $ 6,019.86 $ - $ - 001-0001211-501 $ - $ 6,678.12 $ - $ - 003-9901087-401 $ 723.80 $ - $ - $ - 001-0000110-564 $ 761.11 $ 2,204.77 $ - $ 2,971.16 003-9805226-542 $ 1,127.87 $ - $ - $ - 001-0001102-506 $ 1,300.62 $ - $ - $ - 003-9900882-402 $ 1,138.15 $ - $ 571.04 $ - 001-0001102-505 $ 1,193.30 $ - $ 598.71 $ - 003-9901032-901 $ 1,483.10 $ - $ 744.11 $ - 001-0001106-509 $ 1,104.37 $ - $ 1,104.37 $ - 001-0001242-501 $ 1,842.91 $ - $ 1,232.85 $ - 003-9901501-702 $ 1,997.25 $ - $ 1,336.09 $ 715.50 001-0002073-015 $ 1,402.70 $ - $ 1,402.70 $ - 003-9901605-701 $ 2,142.06 $ - $ 1,432.96 $ - 001-0001247-501 $ 2,369.48 $ - $ 1,585.10 $ - 001-0001170-502 $ 1,920.39 $ - $ 1,651.70 $ - 001-0001181-509 $ 2,155.41 $ - $ 1,802.35 $ - 001-0002073-014 $ 1,995.95 $ - $ 1,995.95 $ - 001-0002073-013 $ 2,169.58 $ - $ 2,169.58 $ - 001-0001181-508 $ 2,811.40 $ - $ 2,350.89 $ - 001-0002252-003 $ 2,860.22 $ - $ 2,460.03 $ - 001-0002546-009 $ 2,713.64 $ 219.01 $ 2,513.44 $ 219.01 003-9901870-701 $ 3,305.94 $ 717.19 $ 2,653.85 $ 717.19 003-2000870-001 $ 2,967.59 $ - $ 2,679.97 $ - 003-9906028-621 $ 3,154.49 $ 73.99 $ 2,769.65 $ 480.70 001-0000945-505 $ 3,042.46 $ - $ 2,814.19 $ - 003-2000801-001 $ 3,148.62 $ - $ 2,843.45 $ - 003-2000535-001 $ 3,150.54 $ - $ 2,845.19 $ - 003-9902028-701 $ 3,578.69 $ - $ 2,872.80 $ - 001-0001042-507 $ 3,168.94 $ - $ 2,927.25 $ 263.66 001-0001190-501 $ 3,521.57 $ - $ 2,944.73 $ 601.25 003-9902066-701 $ 3,702.65 $ 817.24 $ 2,972.31 $ - 001-0001106-506 $ 3,397.18 $ - $ 2,982.73 $ - 001-0001245-501 $ 4,241.47 $ - $ 3,025.19 $ - 001-0001262-501 $ 4,256.18 $ - $ 3,035.68 $ - 001-0001250-501 $ 3,922.07 $ - $ 3,148.45 $ - 003-9902068-701 $ 3,953.53 $ - $ 3,305.94 $ - 003-9902076-701 $ 3,953.53 $ - $ 3,305.94 $ 729.00 003-9901954-301 $ 3,882.24 $ - $ 3,339.07 $ 570.09 001-0002073-016 $ 3,905.30 $ - $ 3,483.27 $ - 001-0002447-001 $ 4,176.45 $ 713.06 $ 3,492.34 $ -
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 001-0001276-502 $ 3,928.52 $ - $ 3,503.98 $ 451.77 003-9902376-701 $ 4,259.92 $ - $ 3,562.13 $ - 001-0002387-003 $ 3,849.29 $ - $ 3,620.97 $ - 001-0002393-003 $ 3,803.49 $ - $ 3,803.49 $ - 003-9902345-701 $ 4,596.67 $ - $ 3,953.53 $ 675.00 003-9905726-701 $ 4,793.26 $ 4,910.22 $ 4,008.12 $ 4,091.85 001-0001084-502 $ 4,012.23 $ - $ 4,012.23 $ - 003-9902410-201 $ 4,746.74 $ - $ 4,167.65 $ - 003-2000021-001 $ 4,849.52 $ - $ 4,171.01 $ - 001-0001560-009 $ 5,288.67 $ - $ 4,245.50 $ - 003-2021057-402 $ 4,924.20 $ - $ 4,323.46 $ 634.88 003-9906172-188 $ 5,054.57 $ - $ 4,347.36 $ 742.24 001-0001232-502 $ 4,999.44 $ 1,933.74 $ 4,389.51 $ 1,933.74 001-0001231-501 $ 5,109.52 $ 3,001.24 $ 4,394.63 $ 3,751.55 003-9902069-701 $ 5,148.27 $ - $ 4,427.96 $ 812.70 003-2000017-001 $ 5,235.38 $ - $ 4,596.67 $ - 003-9902092-701 $ 5,235.38 $ - $ 4,596.67 $ - 003-2000734-001 $ 5,453.35 $ - $ 4,690.35 $ - 001-0002480-003 $ 5,447.90 $ - $ 4,783.26 $ - 003-9902128-701 $ 5,638.38 $ - $ 4,849.49 $ 827.97 001-0001194-501 $ 6,092.72 $ - $ 4,890.95 $ - 003-9906035-188 $ 5,642.50 $ - $ 4,954.12 $ - 001-0001252-516 $ 5,025.96 $ - $ 5,025.96 $ - 001-0002388-003 $ 6,126.92 $ 1,127.14 $ 5,123.32 $ - 001-0001229-501 $ 5,968.25 $ - $ 5,133.21 $ 876.41 003-9602096-002 $ 6,013.12 $ - $ 5,171.81 $ - 001-0001179-501 $ 6,197.73 $ 3,169.48 $ 5,182.53 $ 3,169.48 003-9900492-702 $ 5,869.69 $ - $ 5,235.38 $ - 001-0001237-501 $ 6,572.69 $ - $ 5,276.25 $ - 001-0001106-508 $ 6,043.61 $ - $ 5,390.50 $ - 001-0001195-506 $ 6,414.91 $ - $ 5,517.37 $ 942.00 003-2000800-001 $ 6,131.33 $ - $ 5,537.08 $ 636.75 003-9902417-701 $ 6,332.71 $ - $ 5,560.13 $ - 001-0002191-001 $ 6,248.05 $ - $ 5,572.85 $ - 001-0001230-502 $ 6,503.03 $ 3,819.76 $ 5,593.16 $ 4,774.70 001-0001263-503 $ 6,556.66 $ - $ 5,848.11 $ 754.00 001-0002289-003 $ 5,859.38 $ - $ 5,859.38 $ - 003-2000016-001 $ 6,499.64 $ 1,407.04 $ 5,869.69 $ - 003-2000557-001 $ 6,499.64 $ - $ 5,869.69 $ - 001-0001973-007 $ 6,966.17 $ - $ 5,951.84 $ - 001-0001205-501 $ 7,207.73 $ 1,060.59 $ 5,958.70 $ - 001-0001042-503 $ 6,453.61 $ 538.39 $ 5,959.95 $ - 001-0001187-505 $ 7,150.37 $ - $ 6,149.94 $ - 003-2000061-001 $ 6,968.50 $ - $ 6,215.44 $ 801.36 003-9805042-702 $ 6,968.50 $ 801.36 $ 6,215.44 $ - 001-0001236-501 $ 7,860.54 $ - $ 6,310.07 $ - 003-9902352-702 $ 7,362.34 $ - $ 6,464.14 $ - 003-9800305-002 $ 7,396.54 $ - $ 6,494.17 $ 953.64 001-0001930-010 $ 6,504.12 $ - $ 6,504.12 $ - 003-9905894-001 $ 7,348.25 $ - $ 6,554.15 $ 845.03 003-2000553-001 $ 7,279.60 $ - $ 6,574.06 $ 801.36 003-9906136-001 $ 7,409.99 $ - $ 6,609.22 $ - 003-2000287-001 $ 7,597.36 $ - $ 6,861.02 $ - 003-2000555-001 $ 7,597.36 $ - $ 6,861.02 $ - 003-2000024-001 $ 7,552.76 $ 715.50 $ 6,889.62 $ 715.50 003-2000553-002 $ 7,741.79 $ - $ 6,991.46 $ 852.24 001-0001276-501 $ 8,166.54 $ - $ 7,023.93 $ - 003-9902170-301 $ 8,474.21 $ - $ 7,086.12 $ - 001-0002288-003 $ 7,895.86 $ - $ 7,130.59 $ - 001-0002289-001 $ 7,200.09 $ - $ 7,200.09 $ - 003-2000221-001 $ 8,177.57 $ - $ 7,293.85 $ - 003-2000004-001 $ 8,215.92 $ - $ 7,328.06 $ - 001-0001181-510 $ 9,277.62 $ - $ 7,757.93 $ - 003-2000161-001 $ 8,478.98 $ 738.82 $ 7,798.93 $ 738.82 001-0001215-501 $ 9,292.23 $ 4,648.99 $ 7,878.64 $ 4,648.99 003-2000232-001 $ 8,638.65 $ 685.53 $ 7,880.16 $ - 001-0002440-002 $ 8,803.64 $ - $ 8,030.67 $ - 003-2000920-001 $ 8,911.63 $ - $ 8,129.17 $ 844.23 003-2000532-001 $ 9,097.67 $ - $ 8,215.92 $ - 001-0002546-007 $ 8,879.02 $ 716.60 $ 8,223.97 $ 716.60 003-2000687-001 $ 9,182.69 $ - $ 8,292.70 $ - 001-0001106-507 $ 9,501.24 $ - $ 8,342.10 $ - 001-0001223-501 $ 10,053.15 $ 4,467.10 $ 8,507.84 $ 6,212.92 003-9901904-621 $ 9,664.82 $ - $ 8,620.38 $ - 003-2000428-001 $ 9,973.34 $ 944.81 $ 9,097.67 $ 944.81
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 001-0001933-003 $ 10,051.88 $ 952.29 $ 9,169.31 $ 1,904.54 001-0001196-502 $ 10,725.56 $ - $ 9,224.91 $ - 003-2000168-001 $ 10,113.21 $ - $ 9,225.25 $ 958.06 003-2000452-001 $ 10,098.25 $ - $ 9,353.25 $ - 003-9901395-401 $ 10,904.53 $ - $ 9,378.82 $ - 003-9902261-401 $ 10,596.32 $ - $ 9,451.22 $ 1,279.48 001-0002546-005 $ 10,792.86 $ 871.06 $ 9,996.61 $ 871.06 001-0002546-006 $ 11,061.61 $ 892.75 $ 10,245.53 $ 892.75 001-0001186-512 $ 20,654.99 $ 20,870.00 $ 10,363.17 $ 10,435.00 003-9900338-547 $ 11,476.37 $ - $ 10,555.93 $ 1,047.50 001-0001281-501 $ 12,525.23 $ - $ 11,171.68 $ - 001-0001475-004 $ 12,254.50 $ - $ 11,476.44 $ - 001-0002387-004 $ 12,691.65 $ - $ 11,985.62 $ - 001-0002493-004 $ 13,109.25 $ - $ 12,777.01 $ - 001-0002259-004 $ 15,140.07 $ 4,446.50 $ 13,021.76 $ 4,446.50 001-0000904-504 $ 17,695.58 $ - $ 14,205.19 $ - 001-0002497-002 $ 17,023.62 $ - $ 14,235.12 $ - 001-0001175-527 $ 16,363.63 $ - $ 14,895.06 $ - 001-0002242-003 $ 18,599.59 $ 11,392.89 $ 14,930.89 $ 15,190.52 001-0001222-501 $ 14,979.99 $ - $ 14,979.99 $ - 001-0001293-501 $ 16,674.35 $ 1,579.62 $ 15,210.31 $ 1,579.62 001-0002270-005 $ 16,815.91 $ - $ 15,339.44 $ - 001-0001670-005 $ 15,524.51 $ - $ 15,524.51 $ 1,114.65 001-0001267-501 $ 17,870.10 $ - $ 15,689.96 $ 2,304.00 003-0001218-020 $ 21,713.27 $ 5,522.71 $ 16,341.07 $ 5,522.71 001-0002549-001 $ 19,235.17 $ 2,480.00 $ 16,888.50 $ 2,480.00 001-0001285-501 $ 19,459.78 $ 6,865.38 $ 18,112.98 $ 6,861.91 001-0000904-505 $ 22,467.78 $ - $ 18,787.51 $ - 001-0002358-002 $ 21,856.79 $ - $ 19,738.43 $ - 001-0001042-505 $ 25,260.90 $ 1,321.34 $ 21,123.12 $ 5,634.22 001-0004288-401 $ 23,855.90 $ - $ 23,855.90 $ - 001-0002382-003 $ 25,779.46 $ - $ 24,142.68 $ - 001-0001239-501 $ 27,287.55 $ - $ 24,338.70 $ - 001-0001283-501 $ 28,620.07 $ - $ 25,128.46 $ - 001-0001181-512 $ 30,925.41 $ - $ 25,859.77 $ - 003-2000387-001 $ 29,162.29 $ 13,414.36 $ 26,010.84 $ 16,767.95 001-0002546-003 $ 29,863.55 $ 2,410.20 $ 27,660.36 $ 2,410.20 001-0002546-004 $ 30,616.40 $ 2,470.96 $ 28,357.66 $ 2,470.96 001-0002393-002 $ 33,768.40 $ - $ 30,803.48 $ - 001-0004297-401 $ 34,141.87 $ - $ 31,144.15 $ - 001-0000889-508 $ 37,590.56 $ - $ 33,528.30 $ - 001-0001183-501 $ 37,337.57 $ - $ 33,710.42 $ - 001-0001042-502 $ 36,866.16 $ 3,315.76 $ 33,805.94 $ - 003-9906000-541 $ 38,342.91 $ - $ 34,570.37 $ - 001-0002555-001 $ 39,827.66 $ - $ 34,968.74 $ 2,635.00 001-0001292-501 $ 47,050.87 $ - $ 35,409.75 $ - 001-0002440-003 $ 39,447.49 $ - $ 35,983.93 $ - 001-0000904-506 $ 40,105.18 $ - $ 36,218.18 $ - 001-0002397-001 $ 41,560.28 $ - $ 37,966.36 $ - 001-0002388-002 $ 48,371.73 $ 8,258.67 $ 40,448.35 $ - 001-0002289-002 $ 49,670.93 $ - $ 42,721.28 $ - 001-0002494-001 $ 58,679.38 $ - $ 50,469.32 $ 8,616.80 001-0002252-001 $ 58,827.36 $ - $ 52,470.14 $ - 001-0002158-001 $ 65,715.21 $ - $ 56,520.75 $ - 001-0002294-005 $ 68,546.38 $ - $ 62,527.88 $ - 001-0001830-007 $ 65,150.13 $ - $ 65,150.13 $ - 001-0001042-508 $ 70,224.72 $ 4,945.84 $ 65,765.66 $ - 001-0002294-007 $ 78,264.80 $ - $ 71,393.00 $ - 001-0002270-004 $ 85,723.82 $ - $ 78,197.11 $ - 001-0002387-005 $ 83,183.06 $ - $ 78,555.65 $ - 001-0002059-013 $ 98,806.03 $ - $ 92,060.95 $ - 001-0002059-011 $ 99,543.42 $ - $ 92,747.77 $ - 001-0002059-012 $ 99,543.42 $ - $ 92,748.01 $ - 001-0004286-401 $100,051.15 $ 7,523.60 $ 93,221.08 $ 7,523.60 001-0002294-006 $103,437.93 $ - $ 94,355.89 $ - 001-0001945-008 $106,384.40 $ 41,083.35 $ 95,383.72 $ 50,678.61 001-0002294-002 $112,549.02 $ - $ 98,818.18 $ - 001-0001930-009 $110,974.27 $ - $105,489.51 $ - 001-0002294-004 $116,424.89 $ - $106,202.57 $ - 001-0002270-003 $116,637.27 $ - $106,396.30 $ - 001-0001175-519 $127,613.72 $ - $116,161.30 $ - 001-0001930-008 $151,728.86 $ - $146,149.44 $ - 001-0002481-002 $172,900.61 $ - $156,143.04 $ - 001-0002270-001 $192,020.86 $ - $171,269.97 $ - 001-0001679-002 $184,512.18 $ 10,938.90 $174,852.25 $ 10,938.90
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 001-0002420-001 $ 192,902.67 $ 54,823.05 $ 175,965.46 $ 54,823.05 001-0001895-005 $ 202,899.00 $ 21,071.45 $ 183,233.98 $ 21,071.45 001-0001041-567 $ 379,749.51 $ - $ 358,624.37 $ 23,757.44 001-0001041-566 $ 403,818.47 $ - $ 379,866.24 $ 26,751.40 001-0002493-001 $ 485,806.19 $ - $ 472,653.64 $ - 001-0001041-568 $ 512,228.12 $ - $ 483,733.30 $ 32,045.44 001-0002493-003 $ 684,079.06 $ - $ 666,167.62 $ 24,148.37 001-0001930-006 $ 884,370.89 $ - $ 848,770.83 $ - 001-0001930-007 $ 884,370.89 $ - $ 848,770.83 $ - PAYOFFS 001-0001788-002 $ - $ - $ - $ - May, 2004 Payoff 003-9901135-701 $ - $ 816.48 $ - $ - May, 2004 Payoff 001-0001040-501 $ - $ 930.91 $ - $ - May, 2004 Payoff 001-0001730-007 $ 14,575.28 $ 7,363.50 $ - $ - May, 2004 Payoff 003-2000351-001 $ - $ - $ - $ - April, 2004 Payoff ----------------------------------------------------------------------- $8,994,038.87 $ 311,032.22 $8,339,724.49 $ 408,253.77 ======================================================================= DEFAULTS 001-0002121-001 March, 2004 Default 001-0002121-003 March, 2004 Default 001-0002542-001 March, 2004 Default 003-9901288-701 February, 2004 Default 003-9902156-002 February, 2004 Default 003-9902414-701 February, 2004 Default ----------------------------------------------------------------------- APR DEFAULTS DCB $ - MAY DEFAULTS DCB $ - ======================================================================= ----------------------------------------------------------------------- APR TOTAL BALANCE $9,305,071.09 MAY TOTAL BALANCE $8,747,978.26 =======================================================================
DVI Receivables XI, L.L.C. 2000-1 SERVICER REPORT For the Payment Date June 14, 2004 With respect to any cumulative data provided on the report prior to USBPS being assigned Successor Servicer, as well as Scheduled Principal Balances, USBPS's figures are based on original data from DVI. USBPS can not warrant the data that is provided from DVI's original information and accordingly disclaims any liability for the accuracy of those figures. /s/ Joseph A. Andries - -------------------------------------------------------------------------------- APPROVED BY: JOSEPH A. ANDRIES, SENIOR VICE PRESIDENT OF U.S. BANK PORTFOLIO SERVICES Payment Date: 6/14/04 -----END PRIVACY-ENHANCED MESSAGE-----