10-D 1 c27032e10vd.txt FORM 10-D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-D ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from April 1, 2008 to April 30, 2008 Commission File Number of issuing entity: 333-140273-01 First National Master Note Trust (Exact name of registrant as specified in its charter) Commission File Number of depositor: 333-140273 First National Funding LLC (Exact name of depositor as specified in its charter) First National Bank of Omaha (Exact name of sponsor as specified in its charter) Delaware (State or Other Jurisdiction of Incorporation or organization of the issuing entity) N/A (I.R.S. Employer Identification No.) 1620 Dodge Street Stop Code 3395 Omaha, Nebraska 68197 (Address of principal executive office of (Zip Code) the issuing entity)
402-341-0500 (Telephone number, including area code) No change Registered reporting pursuant to (check one)
Name of Exchange Title of Class Section 12(b) Section 12(g) Section 15(d) (If Section 12(b)) -------------- ------------- ------------- ------------- ------------------ Series 2007-1, Class A [ ] [ ] [X] __________ Series 2007-1, Class B [ ] [ ] [X] __________ Series 2007-1, Class C [ ] [ ] [X] __________ Series 2007-2, Class A [ ] [ ] [X] __________
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] PART I --DISTRIBUTION INFORMATION ITEM 1. DISTRIBUTION AND POOL PERFORMANCE INFORMATION. The response to Item one is set forth in Exhibit 99.1 with respect to the Series 2007-1 Notes and in Exhibit 99.2 with respect to the Series 2007-2 Notes. ITEM 9. EXHIBITS.
EXHIBIT NO. DOCUMENT DESCRIPTION ------- ------------------------------------------- 99.1 Monthly Report to Series 2007-1 Noteholders 99.2 Monthly Report to Series 2007-2 Noteholders
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 thereunto duly authorized. Date: May 23, 2008 FIRST NATIONAL FUNDING, LLC, as Depositor By: First National Funding Corporation, Managing Member By /s/ Karlyn M. Knieriem ------------------------------------- Karlyn M. Knieriem, Senior Vice President INDEX TO EXHIBITS
EXHIBIT NO. DOCUMENT DESCRIPTION ------- ------------------------------------------- 99.1 Monthly Report to Series 2007-1 Noteholders 99.2 Monthly Report to Series 2007-2 Noteholders