-----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, BPNUZTR597ioKPkfpShfbimGIa7EvTArvTVjYiw0YBx3hl91CIkKq9LrD1f8yups VIH6b/8ZozULoxjZHZgt1w== 0000774352-96-000081.txt : 19960617 0000774352-96-000081.hdr.sgml : 19960617 ACCESSION NUMBER: 0000774352-96-000081 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960613 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960614 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC CENTRAL INDEX KEY: 0000774352 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 752006294 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 002-99554 FILM NUMBER: 96580847 BUSINESS ADDRESS: STREET 1: 8400 NORMANDALE LAKE BLVD STE 600 CITY: MINNEAPOLIS STATE: MN ZIP: 55437 BUSINESS PHONE: 6128327400 FORMER COMPANY: FORMER CONFORMED NAME: SALOMON BROTHERS MORTGAGE SECURITIES IV INC DATE OF NAME CHANGE: 19870506 8-K 1 96-S14 8-K W\ EXHIBIT 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) May 30, 1996 Residential Funding Mortgage Securities I, Inc. (as company under a Pooling and Servicing Agreement dated as of May 1, 1996 providing for, inter alia, the issuance of Mortgage Pass-Through Certificates, Series 1996-S14) Residential Funding Mortgage Securities I, Inc. (Exact name of registrant as specified in its charter) DELAWARE 33-54227 75-2006294 (State or other jurisdiction (Commission) (I.R.S. employer of incorporation) file number) identification no.) 8400 Normandale Lake Blvd., Suite 600, Minneapolis, MN 55437 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code (612) 832-7000 (Former name or former address, if changed since last report) Exhibit Index Located on Page 2 Items 1 through 6 and Item 8 are not included because they are not applicable. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Not applicable (b) Not applicable (c) Exhibits (executed copies) - The following execution copies of Exhibits to the Form S-3 Registration Statement of the Registrant are hereby filed: Sequentially Exhibit Numbered Number Exhibit Page 7(c) Pooling and Servicing Agreement, dated 004 as of May 1, 1996 among Residential Funding Mortgage Securities I, Inc., as company, Residential Funding Corporation, as master servicer, and First National Bank Chicago, as trustee. 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. RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. By: /s/ Diane S. Wold Name: Diane S. Wold Title: Vice President Dated: May 30, 1996 Exhibit 7(c) Pooling and Servicing Agreement EX-19 2 1996-S14 POOLING AND SERVICING AGREEMENT Execution Copy - -------------------------------------------------------------------------------- RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC., Company, RESIDENTIAL FUNDING CORPORATION, Master Servicer, and THE FIRST NATIONAL BANK OF CHICAGO, Trustee POOLING AND SERVICING AGREEMENT Dated as of May 1, 1996 Mortgage Pass-Through Certificates Series 1996-S14 - -------------------------------------------------------------------------------- TABLE OF CONTENTS
Page ARTICLE I DEFINITIONS Section 1.01. Definitions............................................................................ 3 Accrued Certificate Interest................................................................ 3 Adjusted Mortgage Rate...................................................................... 4 Adjusted Senior Accelerated Distribution.................................................... Percentage.................................................................................. 4 Adjusted Senior Percentage.................................................................. 5 Advance..................................................................................... 5 Affiliate................................................................................... 5 Agreement................................................................................... 6 Amount Held for Future Distribution......................................................... 6 Appraised Value............................................................................. 6 Assignment.................................................................................. 6 Assignment Agreement........................................................................ 6 Assignment of Proprietary Lease............................................................. 6 Available Distribution Amount............................................................... 6 Bankruptcy Amount........................................................................... 7 Bankruptcy Code............................................................................. 8 Bankruptcy Loss............................................................................. 8 Book-Entry Certificate...................................................................... 8 Business Day................................................................................ 8 Buydown Funds............................................................................... 8 Buydown Mortgage Loan....................................................................... 9 Cash Liquidation............................................................................ 9 Certificate................................................................................. 9 Certificate Account......................................................................... 9 Certificate Account Deposit Date............................................................ 9 Certificateholder or Holder................................................................. 9 Certificate Owner........................................................................... 9 Certificate Principal Balance............................................................... 10 Certificate Register and Certificate........................................................ Registrar................................................................................... Class....................................................................................... 11 Class A Certificate......................................................................... 11 Class A-18 Collection Shortfall............................................................. 11 Class A-18 Principal Distribution Amount.................................................... 11 Class B Certificate......................................................................... 11 Class B Percentage.......................................................................... 11 Class B-1 Percentage........................................................................ 11 Class B-1 Prepayment Distribution Trigger................................................... 12 Class B-2 Percentage........................................................................ 12 Class B-2 Prepayment Distribution Trigger................................................... 12 Class B-3 Percentage........................................................................ 12 Class B-3 Prepayment Distribution Trigger................................................... 12 Class M Certificate......................................................................... 12 Class M Percentage.......................................................................... 13 Class M-1 Percentage........................................................................ 13 Class M-2 Percentage........................................................................ 13
i
Page ---- Class M-2 Prepayment Distribution Trigger................................................... 13 Class M-3 Percentage........................................................................ 13 Class M-3 Prepayment Distribution Trigger................................................... 13 Class R Certificate......................................................................... 13 Class R-I Certificate....................................................................... 13 Class R-II Certificate...................................................................... 14 Closing Date................................................................................ 14 Code........................................................................................ 14 Compensating Interest....................................................................... 14 Cooperative................................................................................. 14 Cooperative Apartment....................................................................... 14 Cooperative Lease........................................................................... 14 Cooperative Loans........................................................................... 14 Cooperative Stock........................................................................... 15 Cooperative Stock Certificate............................................................... 15 Corporate Trust Office...................................................................... 15 Credit Support Depletion Date............................................................... 15 Cumulative Insurance Payments............................................................... 15 Curtailment................................................................................. 15 Custodial Account........................................................................... 15 Custodial Agreement......................................................................... 15 Custodian................................................................................... 15 Cut-off Date................................................................................ 15 Cut-off Date Principal Balance.............................................................. 16 Debt Service Reduction...................................................................... 16 Deficient Valuation......................................................................... 16 Definitive Certificate...................................................................... 16 Deleted Mortgage Loan....................................................................... 16 Depository.................................................................................. 16 Depository Participant...................................................................... 16 Destroyed Mortgage Note..................................................................... 16 Determination Date.......................................................................... 16 Discount Fraction........................................................................... 16 Discount Mortgage Loan...................................................................... 17 Disqualified Organization................................................................... 17 Distribution Date........................................................................... 17 Due Date.................................................................................... 17 Due Period.................................................................................. 17 Eligible Account............................................................................ 18 Eligible Funds.............................................................................. 18 Event of Default............................................................................ 18 Excess Bankruptcy Loss...................................................................... 18 Excess Fraud Loss........................................................................... 18 Excess Special Hazard Loss.................................................................. 19 Excess Spread............................................................................... 19 Excess Subordinate Principal Amount......................................................... 19 Extraordinary Events........................................................................ 19 Extraordinary Losses........................................................................ 20 FDIC........................................................................................ 20 FHLMC....................................................................................... 20 Final Distribution Date..................................................................... 20 Financial Security.......................................................................... 20
ii
Page ---- Financial Security Default.................................................................. 20 Fitch....................................................................................... 20 FNMA........................................................................................ 20 Foreclosure Profits......................................................................... 20 Fraud Loss Amount........................................................................... 21 Fraud Losses................................................................................ 21 FSA Insurance Payment....................................................................... 21 FSA Policy.................................................................................. 21 FSA Policy Payments Account................................................................. 22 Guaranteed Distribution..................................................................... 22 Indemnification Agreement................................................................... 22 Independent................................................................................. 22 Initial Certificate Principal Balance....................................................... 22 Initial Monthly Payment Fund................................................................ 22 Insurance Premium........................................................................... 22 Insurance Proceeds.......................................................................... 22 Insurer..................................................................................... 23 Interest Accrual Period..................................................................... 23 Late Collections............................................................................ 23 LIBOR....................................................................................... 23 Liquidation Proceeds........................................................................ 23 Loan-to-Value Ratio......................................................................... 23 Maturity Date............................................................................... 23 Monthly Payment............................................................................. 24 Moody's..................................................................................... 24 Mortgage.................................................................................... 24 Mortgage File............................................................................... 24 Mortgage Loan Schedule...................................................................... 24 Mortgage Loans.............................................................................. 25 Mortgage Note............................................................................... 25 Mortgage Rate............................................................................... 25 Mortgaged Property.......................................................................... 25 Mortgagor................................................................................... 25 Net Mortgage Rate........................................................................... 26 Non-Primary Residence Loans................................................................. 26 Non-United States Person.................................................................... 26 Nonrecoverable Advance...................................................................... 26 Nonsubserviced Mortgage Loan................................................................ 26 Notional Amount............................................................................. 26 Officers' Certificate....................................................................... 26 Opinion of Counsel.......................................................................... 26 Original Senior Percentage.................................................................. 26 Outstanding Mortgage Loan................................................................... 27 Owner or Holder............................................................................. 27 Ownership Interest.......................................................................... 27 Pass-Through Rate........................................................................... 27 Paying Agent................................................................................ 27 Percentage Interest......................................................................... 27 Permitted Investments....................................................................... 28 Permitted Transferee........................................................................ 29 Person...................................................................................... 29 Pool Stated Principal Balance............................................................... 29
iii
Page ---- Prepayment Assumption....................................................................... 29 Prepayment Distribution Percentage.......................................................... 30 Prepayment Distribution Trigger............................................................. 31 Prepayment Interest Shortfall............................................................... 31 Prepayment Lockout Certificates............................................................. 31 Prepayment Lockout Percentage............................................................... 31 Prepayment Period........................................................................... 32 Primary Insurance Policy.................................................................... 32 Principal Prepayment........................................................................ 32 Principal Prepayment in Full................................................................ 32 Program Guide............................................................................... 32 Purchase Price.............................................................................. 32 Qualified Substitute Mortgage Loan.......................................................... 32 Rate Adjustment Date........................................................................ 33 Rating Agency............................................................................... 33 Realized Loss............................................................................... 33 Record Date................................................................................. 34 Regular Certificate......................................................................... 34 REMIC....................................................................................... 34 REMIC Administrator......................................................................... 34 REMIC I..................................................................................... 34 REMIC I Certificates........................................................................ 35 REMIC II.................................................................................... 35 REMIC II Certificates....................................................................... 35 REMIC Provisions............................................................................ 35 REO Acquisition............................................................................. 35 REO Disposition............................................................................. 35 REO Imputed Interest........................................................................ 36 REO Proceeds................................................................................ 36 REO Property................................................................................ 36 Request for Release......................................................................... 36 Required Insurance Policy................................................................... 36 Residential Funding......................................................................... 36 Responsible Officer......................................................................... 36 Security Agreement.......................................................................... 36 Seller...................................................................................... 36 Seller's Agreement.......................................................................... 36 Senior Certificates......................................................................... 37 Senior Percentage........................................................................... 37 Senior Principal Adjustment Date............................................................ 37 Senior Principal Distribution Amount........................................................ 37 Servicing Accounts.......................................................................... 37 Servicing Advances.......................................................................... 37 Servicing Fee............................................................................... 38 Servicing Officer........................................................................... 38 Special Hazard Amount....................................................................... 38 Special Hazard Loss......................................................................... 39 Spread Rate................................................................................. 39 Standard & Poor's........................................................................... 39 Stated Principal Balance.................................................................... 39 Subordinate Percentage...................................................................... 39 Subordinate Principal Distribution Amount................................................... 39
iv
Page ---- Subserviced Mortgage Loan.................................................................... 40 Subservicer.................................................................................. 40 Subservicer Advance.......................................................................... 40 Subservicing Account......................................................................... 40 Subservicing Agreement....................................................................... 40 Subservicing Fee............................................................................. 40 Tax Returns.................................................................................. 41 Transfer..................................................................................... 41 Transferee................................................................................... 41 Transferor................................................................................... 41 Trust Fund................................................................................... 41 Uncertificated Accrued Interest.............................................................. 41 Uncertificated Pass-Through Rate............................................................. 42 Uncertificated Principal Balance............................................................. 42 Uncertificated REMIC I Regular Interest U.................................................... 42 Uncertificated REMIC I Regular Interest V.................................................... 43 Uncertificated REMIC I Regular Interest W.................................................... 43 Uncertificated REMIC I Regular Interest X.................................................... 43 Uncertificated REMIC I Regular Interest Y.................................................... 43 Uncertificated REMIC I Regular Interest Z.................................................... 43 Uncertificated REMIC I Regular Interests..................................................... 43 Uncertificated REMIC I Regular Interest U Distribution Amount.......................................................................... 44 Uncertificated REMIC I Regular Interest V Distribution Amount.......................................................................... 44 Uncertificated REMIC I Regular Interest W Distribution Amount.......................................................................... 44 Uncertificated REMIC I Regular Interest X Distribution Amount.......................................................................... 44 Uncertificated REMIC I Regular Interest Y Distribution Amount.......................................................................... 44 Uncertificated REMIC I Regular Interest Z Distribution Amount.......................................................................... 44 Uncertificated REMIC I Regular Interest Distribution Amounts......................................................................... 44 Uniform Single Attestation Program for Mortgage Bankers:............................................................................ 45 Uninsured Cause.............................................................................. 45 United States Person......................................................................... 45 Voting Rights................................................................................ 45
Section 1.02. Determination of LIBOR. ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES Section 2.01. Conveyance of Mortgage Loans..................................................... 48 Section 2.02. Acceptance by Trustee............................................................ 53
v Section 2.03. Representations, Warranties and Covenants of the Master Servicer and the Company............................................................................ 55 Section 2.04. Representations and Warranties of Sellers.................................................................................... 60 Section 2.05. Issuance of Certificates Evidencing Interests in REMIC I Certificates.................................................. 62 Section 2.06. Conveyance of Uncertificated REMIC I and REMIC II Regular Interests; Acceptance by the Trustee..................................................................... 63 Section 2.07. Issuance of Certificates Evidencing Interest in REMIC II............................................................... 63
ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Master Servicer to Act as Servicer............................................. 65 Section 3.02. Subservicing Agreements Between Master Servicer and Subservicers; Enforcement of Subservicers' and Sellers' Obligations.................................................................... 66 Section 3.03. Successor Subservicers......................................................... 67 Section 3.04. Liability of the Master Servicer............................................... 68 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders or the Owner of the Excess Spread.................................................................. 68 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee............................................. 69 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account........................................ 69 Section 3.08. Subservicing Accounts; Servicing Accounts............................................................. 72 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans.......................................................................... 74 Section 3.10. Permitted Withdrawals from the Custodial Account.............................................................. 74 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder............................................... 76 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage................................................ 77 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments............................................................ 79 Section 3.14. Realization Upon Defaulted Mortgage Loans ................................................................................ 81 Section 3.15. Trustee to Cooperate; Release of Mortgage Files...................................................... 84
vi Section 3.16. Servicing and Other Compensation; Compensating Interest.......................................................... 86 Section 3.17. Reports to the Trustee and the Company......................................... 87 Section 3.18. Annual Statement as to Compliance.............................................. 87 Section 3.19. Annual Independent Public Accountants' Servicing Report............................................................... 88 Section 3.20. Rights of the Company in Respect of the Master Servicer......................................................... 88 Section 3.21. Administration of Buydown Funds................................................ 89
ARTICLE IV PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01. Certificate Account............................................................ 91 Section 4.02. Distributions.................................................................. 91 Section 4.03. Statements to Certificateholders and the Owner of the Excess Spread..................................................... 103 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer......................................................... 106 Section 4.05. Allocation of Realized Losses.................................................. 108 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.......................................................... 109 Section 4.07. Optional Purchase of Defaulted Mortgage Loans.......................................................................... 110 Section 4.08. Distributions on the Uncertificated REMIC I and REMIC II Regular Interests......................................... 110
ARTICLE V THE CERTIFICATES AND EXCESS SPREAD
Section 5.01. The Certificates............................................................... 113 Section 5.02. Registration of Transfer and Exchange of Certificates and Restrictions on Transfer of Excess Spread...................................................... 115 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates................................................................... 121 Section 5.04. Persons Deemed Owners.......................................................... 121 Section 5.05. Appointment of Paying Agent.................................................... 122 Section 5.06. Optional Purchase of Certificates.............................................. 122
vii ARTICLE VI THE COMPANY AND THE MASTER SERVICER
Section 6.01. Respective Liabilities of the Company and the Master Servicer........................................................ 125 Section 6.02. Merger or Consolidation of the Company or the Master Servicer; Assignment of Rights and Delegation of Duties by Master Servicer................................................... 125 Section 6.03. Limitation on Liability of the Company, the Master Servicer and Others................................................. 126 Section 6.04. Company and Master Servicer Not to Resign......................................................... 127
ARTICLE VII DEFAULT
Section 7.01. Events of Default.............................................................. 128 Section 7.02. Trustee or Company to Act; Appointment of Successor................................................................... 130 Section 7.03. Notification to Certificateholders............................................. 131 Section 7.04. Waiver of Events of Default.................................................... 131
ARTICLE VIII CONCERNING THE TRUSTEE
Section 8.01. Duties of Trustee.............................................................. 133 Section 8.02. Certain Matters Affecting the Trustee.......................................... 135 Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans................................................................. 137 Section 8.04. Trustee May Own Certificates................................................... 137 Section 8.05. Master Servicer to Pay Trustee's Fees and Expenses; Indemnification.................................................. 137 Section 8.06. Eligibility Requirements for Trustee........................................... 138 Section 8.07. Resignation and Removal of the Trustee......................................... 139 Section 8.08. Successor Trustee.............................................................. 140 Section 8.09. Merger or Consolidation of Trustee............................................. 141 Section 8.10. Appointment of Co-Trustee or Separate Trustee........................................................................ 141 Section 8.11. Appointment of Custodians...................................................... 142 Section 8.12. Appointment of Office or Agency................................................ 143
ARTICLE IX TERMINATION viii
Section 9.01. Termination Upon Purchase by the Master Servicer or the Company or Liquidation of All Mortgage Loans 144 Section 9.02. Termination of REMIC II................ 147 Section 9.03. Additional Termination Requirements.... 147
ARTICLE X REMIC PROVISIONS
Section 10.01. REMIC Administration 149 Section 10.02. Master Servicer and Trustee Indemnification 153
ARTICLE XI CERTAIN MATTERS REGARDING FINANCIAL SECURITY
Section 11.01. Rights of Financial Security To Exercise Rights of Insured Certificateholders.............................................. 155 Section 11.02. Claims Upon the FSA Policy; FSA Policy Payments Account.................................................................. 155 Section 11.03. Effect of Payments by Financial Security; Subrogation............................................................. 156 Section 11.04. Notices and Information to Financial Security.......................................................................... 157 Section 11.05. Trustee to Hold FSA Policy........................................................ 158
ARTICLE XII MISCELLANEOUS PROVISIONS
Section 12.01. Amendment......................................................................... 159 Section 12.02. Recordation of Agreement; Counterparts............................................ 162 Section 12.03. Limitation on Rights of Certificateholders............................................................. 162 Section 12.04. Governing Law..................................................................... 163 Section 12.05. Notices........................................................................... 163 Section 12.06. Notices to Rating Agency.......................................................... 164 Section 12.07. Severability of Provisions........................................................ 165
ix EXHIBITS Exhibit A: Form of Class A Certificate Exhibit B: Form of Class M Certificate Exhibit C: Form of Class B Certificate Exhibit D: Form of Class R Certificate Exhibit E: Form of Custodial Agreement Exhibit F: Mortgage Loan Schedule Exhibit G: Form of Seller/Servicer Contract Exhibit H: Forms of Request for Release Exhibit I-1: Form of Transfer Affidavit and Agreement Exhibit I-2: Form of Transferor Certificate Exhibit J: Form of Investor Representation Letter Exhibit K: Form of Transferor Representation Letter Exhibit L: Form of Rule 144A Investment Representation Letter Exhibit M: Text of Amendment to Pooling and Servicing Agreement Pursuant to Section 12.01(e) for a Limited Guaranty Exhibit N: Form of Limited Guaranty Exhibit O: Form of Lender Certification for Assignment of Mortgage Loan Exhibit P: Schedule of Discount Fractions Exhibit Q: Copy of FSA Policy x This is a Pooling and Servicing Agreement, dated as of May 1, 1996, among RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC., as the company (together with its permitted successors and assigns, the "Company"), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with its permitted successors and assigns, the "Master Servicer"), and THE FIRST NATIONAL BANK OF CHICAGO, as Trustee (together with its permitted successors and assigns, the "Trustee"), PRELIMINARY STATEMENT: The Company intends to sell mortgage pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). As provided herein, the Master Servicer will make an election to treat the entire segregated pool of assets described in the definition of REMIC I (as defined herein), and subject to this Agreement (including the Mortgage Loans but excluding the Initial Monthly Payment Fund), as a real estate mortgage investment conduit (a "REMIC") for federal income tax purposes and such segregated pool of assets will be designated as "REMIC I." The Uncertificated REMIC I Regular Interests will be "regular interests" in REMIC I and the Class R-I Certificates will be the sole class of "residual interests" in REMIC I for purposes of the REMIC Provisions (as defined herein) under the federal income tax law. A segregated pool of assets consisting of the Uncertificated REMIC I Regular Interests will be designated as "REMIC II," and the Master Servicer will make a separate REMIC election with respect thereto. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A- 14, Class A-15, Class A-16, Class A-17, Class A-18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates and the rights in and to the Excess Spread (as defined herein) will be "regular interests" in REMIC II, and the Class R-II Certificates will be the sole class of "residual interests" therein for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table sets forth the designation, type, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings and certain features for each Class of Certificates comprising the interests in the Trust Fund created hereunder.
Aggregate Initial Certificate Pass-Through Principal Maturity Designation Rate Balance Features Date S&P Fitch - ----------- ----------- ----------------- -------- -------- --- ----- Class A-1 7.500% $ 31,680,861.00 Senior May 25, 2026 AAA AAA Class A-2 7.500% $105,040,087.00 Senior May 25, 2026 AAA AAA Class A-3 7.500% $ 2,560,000.00 Insured/Senior May 25, 2026 AAA AAA Class A-4 7.500% $ 33,579,740.00 Prepayment Lockout/Senior May 25, 2026 AAA AAA Class A-5 7.750% $ 6,864,000.00 Insured/Senior May 25, 2026 AAA AAA Class A-6 6.000% $ 1,536,000.00 Insured/Senior May 25, 2026 AAA AAA Class A-7 7.425% $ 27,457,512.00 Senior May 25, 2026 AAA AAA Class A-8 7.500% $ 13,002,000.00 Senior May 25, 2026 AAA AAA Class A-9 7.500% $ 3,150,000.00 Insured/Senior May 25, 2026 AAA AAA Class A-10 7.500% $ 5,225,000.00 Insured/Senior May 25, 2026 AAA AAA Class A-11 8.000% $ 10,498,532.00 Senior May 25, 2026 AAA AAA Class A-12 7.000% $ 59,143,468.00 Senior May 25, 2026 AAA AAA Class A-13 Adjustable Rate $ 16,215,000.00 Floater/Senior May 25, 2026 AAA AAA Class A-14 Adjustable Rate $ 0.00 Inverse Floater/Interest May 25, 2026 AAAr AAA Only/Senior Class A-15 7.500% $ 5,800,000.00 Insured/Senior May 25, 2026 AAA AAA Class A-16 7.500% $ 11,615,000.00 Insured/Senior May 25, 2026 AAA AAA Class A-17 7.500% $ 2,430,000.00 Senior May 25, 2026 AAA AAA Class A-18 0.000% $ 9,649,848.10 Principal Only/Senior May 25, 2026 AAAr AAA Class R-I 7.500% $ 100.00 Residual/Senior May 25, 2026 AAA AAA Class R-II 7.500% $ 100.00 Residual/Senior May 25, 2026 AAA AAA Class M-1 7.500% $ 11,024,900.00 Mezzanine May 25, 2026 AA N/A Class M-2 7.500% $ 3,675,000.00 Mezzanine May 25, 2026 A N/A Class M-3 7.500% $ 1,837,500.00 Mezzanine May 25, 2026 BBB N/A Class B-1 7.500% $ 2,756,200.00 Subordinate May 25, 2026 BB N/A Class B-2 7.500% $ 1,286,200.00 Subordinate May 25, 2026 B N/A Class B-3 7.500% $ 1,470,031.75 Subordinate May 25, 2026 N/A N/A
2 The Mortgage Loans have an aggregate Cut-off Date Principal Balance equal to $367,497,079.85. The Mortgage Loans are fixed rate mortgage loans having terms to maturity at origination or modification of not more than 30 years. In consideration of the mutual agreements herein contained, the Company, the Master Servicer and the Trustee agree as follows: ARTICLE I DEFINITIONS Section 1.01. Definitions. ----------- Whenever used in this Agreement, the following words and phrases, unless the context otherwise requires, shall have the meanings specified in this Article. Accrued Certificate Interest: With respect to each Distribution Date, as ---------------------------- to any Class A Certificate (other than the Class A-14 Certificates and Class A- 18 Certificates), any Class M Certificate, any Class B Certificate or any Class R Certificate, interest accrued during the related Interest Accrual Period at the related Pass-Through Rate on the Certificate Principal Balance thereof immediately prior to such Distribution Date. With respect to each Distribution Date, as to the Class A-14 Certificates interest accrued during the related Interest Accrual Period on the Notional Amount thereof. In each case Accrued Certificate Interest on any Class of Certificates will be reduced by the amount of (i) Prepayment Interest Shortfalls (to the extent not offset by (x) the Master Servicer with a payment of Compensating Interest as provided in Section 4.01 or (y) an Insured Reserve Withdrawal), (ii) the interest portion (adjusted to the Net Mortgage Rate) of Realized Losses (including Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses and Extraordinary Losses) not allocated solely to one or more specific Classes of Certificates pursuant to Section 4.05, (iii) the interest portion of Advances previously made with respect to a Mortgage Loan or REO Property which remained unreimbursed following the Cash Liquidation or REO Disposition of such Mortgage Loan or REO Property that were made with respect to delinquencies that were ultimately determined to be Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses and (iv) any other interest shortfalls not covered by the subordination provided by the Class M Certificates and Class B Certificates, including interest that is not collectible from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar 3 legislation or regulations as in effect from time to time, with all such reductions allocated among all of the Certificates and to the Excess Spread in proportion to their respective amounts of Accrued Certificate Interest or interest and the amount of Excess Spread payable on such Distribution Date which would have resulted absent such reductions. In addition to that portion of the reductions described in the second preceding sentence that are allocated to any Class of Class B Certificates or any Class of Class M Certificates, Accrued Certificate Interest on such Class of Class B Certificates or such Class of Class M Certificates will be reduced by the interest portion (adjusted to the Net Mortgage Rate) of Realized Losses that are allocated solely to such Class of Class B Certificates or such Class of Class M Certificates pursuant to Section 4.05. Adjusted Mortgage Rate: With respect to any Mortgage Loan and any date ---------------------- of determination, the Mortgage Rate borne by the related Mortgage Note, less the rate at which the related Subservicing Fee accrues. Adjusted Senior Accelerated Distribution Percentage: With respect to any --------------------------------------------------- Distribution Date, the percentage indicated below: Distribution Date Adjusted Senior Accelerated ----------------- Distribution Percentage --------------------------- June 1996 through May 2001...................... 100% June 2001 through May 2002...................... Adjusted Senior Percentage, plus 70% of the sum of the Subordinate Percentage and the Prepayment Lockout Percentage June 2002 through May 2003...................... Adjusted Senior Percentage, plus 60% of the sum of the Subordinate Percentage and the Prepayment Lockout Percentage June 2003 through May 2004...................... Adjusted Senior Percentage, plus 40% of the sum of the Subordinate Percentage and the Prepayment Lockout Percentage June 2004 through May 2005...................... Adjusted Senior Percentage, plus 20% of the sum of the Subordinate Percentage and the Prepayment Lockout Percentage 4 June 2005 and thereafter.................... Adjusted Senior Percentage 5 provided, however, (i) that any scheduled reduction to the Adjusted Senior - -------- ------- Accelerated Distribution Percentage described above shall not occur as of any Distribution Date unless either (a)(1)(X) the outstanding principal balance of the Mortgage Loans delinquent 60 days or more averaged over the last six months, as a percentage of the aggregate outstanding Certificate Principal Balance of the Class M and Class B Certificates, is less than 50% or (Y) the outstanding principal balance of Mortgage Loans delinquent 60 days or more averaged over the last six months, as a percentage of the aggregate outstanding principal balance of all Mortgage Loans averaged over the last six months, does not exceed 2% and (2) Realized Losses on the Mortgage Loans to date for such Distribution Date if occurring during the sixth, seventh, eighth, ninth or tenth year (or any year thereafter) after the Closing Date are less than 30%, 35%, 40%, 45% or 50%, respectively, of the sum of the Initial Certificate Principal Balances of the Class M Certificates and Class B Certificates or (b)(1) the outstanding principal balance of Mortgage Loans delinquent 60 days or more averaged over the last six months, as a percentage of the aggregate outstanding principal balance of all Mortgage Loans averaged over the last six months, does not exceed 4% and (2) Realized Losses on the Mortgage Loans to date for such Distribution Date are less than 10% of the sum of the Initial Certificate Principal Balances of the Class M Certificates and Class B Certificates and (ii) that for any Distribution Date on which the Adjusted Senior Percentage is greater than the Original Adjusted Senior Percentage, the Adjusted Senior Accelerated Distribution Percentage for such Distribution Date shall be 100%. Notwithstanding the foregoing, upon the reduction of the aggregate Certificate Principal Balance of the Senior Certificates (other than the Prepayment Lockout Certificates and Class A-18 Certificates) to zero, the Adjusted Senior Accelerated Distribution Percentage shall thereafter be 0%. Adjusted Senior Percentage: As of any Distribution Date, the lesser of -------------------------- 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Senior Certificates (other than the Prepayment Lockout Certificates and the Class A-18 Certificates) immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date. Advance: As to any Mortgage Loan, any advance made by the Master ------- Servicer, pursuant to Section 4.04. 6 Affiliate: With respect to any Person, any other Person controlling, --------- controlled by or under common control with such first Person. For the purposes of this definition, "control" means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms "controlling" and "controlled" have meanings correlative to the foregoing. Agreement: This Pooling and Servicing Agreement and all amendments --------- hereof and supplements hereto. Amount Held for Future Distribution: As to any Distribution Date, the ----------------------------------- total of the amounts held in the Custodial Account at the close of business on the preceding Determination Date on account of (i) Liquidation Proceeds, Insurance Proceeds, Principal Prepayments, Mortgage Loan purchases made pursuant to Section 2.02, 2.03 or 2.04 and Mortgage Loan substitutions made pursuant to Section 2.03 or 2.04 received or made in the month of such Distribution Date (other than such Liquidation Proceeds, Insurance Proceeds and purchases of Mortgage Loans that the Master Servicer has deemed to have been received in the preceding month in accordance with Section 3.07(b)) and (ii) payments which represent early receipt of scheduled payments of principal and interest due on a date or dates subsequent to the related Due Date. Appraised Value: As to any Mortgaged Property, the lesser of (i) the --------------- appraised value of such Mortgaged Property based upon the appraisal made at the time of the origination of the related Mortgage Loan, and (ii) the sales price of the Mortgaged Property at such time of origination, except in the case of a Mortgaged Property securing a refinanced or modified Mortgage Loan as to which it is either the appraised value determined above or the appraised value determined in an appraisal at the time of refinancing or modification, as the case may be. Assignment: An assignment of the Mortgage, notice of transfer or ---------- equivalent instrument, in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect of record the sale of the Mortgage Loan to the Trustee for the benefit of Certificateholders, which assignment, notice of transfer or equivalent instrument may be in the form of one or more blanket assignments covering Mortgages secured by Mortgaged Properties located in the same county, if permitted by law and accompanied by an Opinion of Counsel to that effect. 7 Assignment Agreement: The Assignment and Assumption Agreement, dated May -------------------- 30, 1996, between Residential Funding and the Company relating to the transfer and assignment of the Mortgage Loans. Assignment of Proprietary Lease: With respect to a Cooperative Loan, the ------------------------------- assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan. Available Distribution Amount: As to any Distribution Date, an amount ----------------------------- equal to (a) the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account as of the close of business on the immediately preceding Determination Date and amounts deposited in the Custodial Account in connection with the substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in the Custodial Account pursuant to Section 3.12(a) and (iv) any amount deposited in the Certificate Account pursuant to Section 4.07, reduced by (b) the sum as of the close of business on the immediately preceding Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Bankruptcy Amount: As of any date of determination prior to the first ----------------- anniversary of the Cut-off Date, an amount equal to the excess, if any, of (A) $111,281 over (B) the aggregate amount of Bankruptcy Losses allocated solely to one or more specific Classes of Certificates in accordance with Section 4.05. As of any date of determination on or after the first anniversary of the Cut-off Date, an amount equal to the excess, if any, of (1) the lesser of (a) the Bankruptcy Amount calculated as of the close of business on the Business Day immediately preceding the most recent anniversary of the Cut-off Date coinciding with or preceding such date of determination (or, if such date of determination is an anniversary of the Cut-off Date, the Business Day immediately preceding such date of determination) (for purposes of this definition, the "Relevant Anniversary") and (b) the greater of 8 (A) the greater of (i) 0.0006 times the aggregate principal balance of all the Mortgage Loans in the Mortgage Pool as of the Relevant Anniversary having a Loan-to-Value Ratio at origination which exceeds 75% and (ii) $100,000; and (B) the greater of (i) the product of (x) an amount equal to the largest difference in the related Monthly Payment for any Non- Primary Residence Loan remaining in the Mortgage Pool which had an original Loan-to-Value Ratio of 80% or greater that would result if the Net Mortgage Rate thereof was equal to the weighted average (based on the principal balance of the Mortgage Loans as of the Relevant Anniversary) of the Net Mortgage Rates of all Mortgage Loans as of the Relevant Anniversary less 1.25% per annum, (y) a number equal to the weighted average remaining term to maturity, in months, of all Non-Primary Residence Loans remaining in the Mortgage Pool as of the Relevant Anniversary, and (z) one plus the quotient of the number of all Non-Primary Residence Loans remaining in the Mortgage Pool divided by the total number of Outstanding Mortgage Loans in the Mortgage Pool as of the Relevant Anniversary, and (ii) $50,000, over (2) the aggregate amount of Bankruptcy Losses allocated solely to one or more specific Classes of Certificates in accordance with Section 4.05 since the Relevant Anniversary. The Bankruptcy Amount may be further reduced by the Master Servicer (including accelerating the manner in which such coverage is reduced) provided that prior to any such reduction, the Master Servicer shall (i) obtain written confirmation from each Rating Agency that such reduction shall not reduce the rating assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency and (ii) provide a copy of such written confirmation to the Trustee. Bankruptcy Code: The Bankruptcy Code of 1978, as amended. --------------- 9 Bankruptcy Loss: With respect to any Mortgage Loan, a Deficient --------------- Valuation or Debt Service Reduction; provided, however, that neither a Deficient -------- ------- Valuation nor a Debt Service Reduction shall be deemed a Bankruptcy Loss hereunder so long as the Master Servicer has notified the Trustee in writing that the Master Servicer is diligently pursuing any remedies that may exist in connection with the representations and warranties made regarding the related Mortgage Loan and either (A) the related Mortgage Loan is not in default with regard to payments due thereunder or (B) delinquent payments of principal and interest under the related Mortgage Loan and any premiums on any applicable primary hazard insurance policy and any related escrow payments in respect of such Mortgage Loan are being advanced on a current basis by the Master Servicer or a Subservicer, in either case without giving effect to any Debt Service Reduction. Book-Entry Certificate: Any Certificate registered in the name of the ---------------------- Depository or its nominee. Business Day: Any day other than (i) a Saturday or a Sunday or (ii) a ------------ day on which banking institutions in the State of New York, the State of Michigan, the State of California or the State of Illinois (and such other state or states in which the Custodial Account or the Certificate Account are at the time located) are required or authorized by law or executive order to be closed. Buydown Funds: Any amount contributed by the seller of a Mortgaged ------------- Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account. Buydown Mortgage Loan: Any Mortgage Loan as to which a specified amount --------------------- of interest is paid out of related Buydown Funds in accordance with a related buydown agreement. Cash Liquidation: As to any defaulted Mortgage Loan other than a ---------------- Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan. Certificate: Any Class A Certificate, Class M Certificate, Class B ----------- Certificate or Class R Certificate. 10 Certificate Account: The separate account or accounts created and ------------------- maintained pursuant to Section 4.01, which shall be entitled "The First National Bank of Chicago, as trustee, in trust for the registered holders of Residential Funding Mortgage Securities I, Inc., Mortgage Pass-Through Certificates and the Owner of the Excess Spread, Series 1996-S14" and which must be an Eligible Account. Certificate Account Deposit Date: As to any Distribution Date, the -------------------------------- Business Day prior thereto. Certificateholder or Holder: The Person in whose name a Certificate is --------------------------- registered in the Certificate Register, and, in respect of the Insured Certificates, Financial Security to the extent of Cumulative Insurance Payments, except that neither a Disqualified Organization nor a Non-United States Person shall be a holder of a Class R-I Certificate or Class R-II Certificate for purposes hereof and, solely for the purpose of giving any consent or direction pursuant to this Agreement, any Certificate, other than a Class R-I Certificate or Class R-II Certificate, registered in the name of the Company, the Master Servicer or any Subservicer or any Affiliate thereof shall be deemed not to be outstanding and the Percentage Interest or Voting Rights evidenced thereby shall not be taken into account in determining whether the requisite amount of Percentage Interests or Voting Rights necessary to effect any such consent or direction has been obtained. All references herein to "Holders" or "Certificateholders" shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the -------- ------- Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register. Certificate Owner: With respect to a Book-Entry Certificate, the Person ----------------- who is the beneficial owner of such Certificate, as reflected on the books of an indirect participating brokerage firm for which a Depository Participant acts as agent, if any, and otherwise on the books of a Depository Participant, if any, and otherwise on the books of the Depository. 11 Certificate Principal Balance: With respect to each Class A Certificate ----------------------------- (other than the Class A-14 Certificates) and Class R Certificate, on any date of determination, an amount equal to (i) the Initial Certificate Principal Balance of such Certificate as specified on the face thereof, minus (iii) the sum of (x) the aggregate of all amounts previously distributed with respect to such Certificate (or any predecessor Certificate) and applied to reduce the Certificate Principal Balance or amount thereof pursuant to Section 4.02(a) and (y) the aggregate of all reductions in Certificate Principal Balance deemed to have occurred in connection with Realized Losses which were previously allocated to such Certificate (or any predecessor Certificate) pursuant to Section 4.05; provided, however, that solely for the purposes of determining Financial Security's rights as subrogee, the Certificate Principal Balance of any Insured Certificate shall be deemed to not be reduced by any principal amounts paid to the Holder thereof from FSA Insurance Payments. With respect to each Class M Certificate, on any date of determination, an amount equal to (i) the Initial Certificate Principal Balance of such Class M Certificate as specified on the face thereof, minus (ii) the sum of (x) the aggregate of all amounts previously distributed with respect to such Certificate (or any predecessor Certificate) and applied to reduce the Certificate Principal Balance thereof pursuant to Section 4.02(a) and (y) the aggregate of all reductions in Certificate Principal Balance deemed to have occurred in connection with Realized Losses which were previously allocated to such Certificate (or any predecessor Certificate) pursuant to Section 4.05; provided, that if the Certificate Principal Balances of the Class B Certificates have been reduced to zero, the Certificate Principal Balance of each Class M Certificate of those Class M Certificates outstanding with the highest numerical designation at any given time shall thereafter be calculated to equal the Percentage Interest evidenced by such Certificate times the excess, if any, of (A) the then aggregate Stated Principal Balance of the Mortgage Loans over (B) the then aggregate Certificate Principal Balance of all other Classes of Certificates then outstanding. With respect to each Class B Certificate, on any date of determination, an amount equal to (i) the Initial Certificate Principal Balance of such Class B Certificate as specified on the face thereof, minus (ii) the sum of (x) the aggregate of all amounts previously distributed with respect to such Certificate (or any predecessor Certificate) and applied to reduce the Certificate Principal Balance thereof pursuant to Section 4.02(a) and (y) the aggregate of all reductions in Certificate Principal Balance deemed to have occurred in connection with Realized Losses which were previously allocated to such Certificate (or any predecessor Certificate) pursuant to Section 4.05; provided, that the Certificate Principal Balance of each Class B Certificate of those Class B Certificates outstanding with the highest numerical designation at any given time shall be calculated to equal the Percentage 12 Interest evidenced by such Certificate times the excess, if any, of (A) the then aggregate Stated Principal Balance of the Mortgage Loans over (B) the then aggregate Certificate Principal Balance of all other Classes of Certificates then outstanding. The Class A-14 Certificates have no Certificate Principal Balance. Certificate Register and Certificate Registrar: The register maintained ---------------------------------------------- and the registrar appointed pursuant to Section 5.02. Class: Collectively, all of the Certificates bearing the same ----- designation. Class A Certificate: Any one of the Class A-1, Class A-2, Class A-3, ------------------- Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A- 17 or Class A-18 Certificates, executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit A, each such Certificate evidencing an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions. Class A-18 Collection Shortfall: With respect to the Cash Liquidation or ------------------------------- REO Disposition of a Discount Mortgage Loan and any Distribution Date, the excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount described in Section 4.02(b)(i)(C)(2). Class A-18 Principal Distribution Amount: As defined in Section ---------------------------------------- 4.02(b)(i). Class B Certificate: Any one of the Class B-1 Certificates, Class B-2 ------------------- Certificates or Class B-3 Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit C and evidencing an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions. Class B Percentage: The Class B-1 Percentage, Class B-2 Percentage and ------------------ Class B-3 Percentage. Class B-1 Percentage: With respect to any Distribution Date, a fraction, -------------------- expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class B-1 Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date. 13 Class B-1 Prepayment Distribution Trigger: With respect to any ----------------------------------------- Distribution Date, a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of the Class B-1 Certificates, Class B-2 Certificates and Class B-3 Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to 1.50%. Class B-2 Percentage: With respect to any Distribution Date, a fraction, -------------------- expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class B-2 Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date. Class B-2 Prepayment Distribution Trigger: With respect to any ----------------------------------------- Distribution Date, a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of the Class B-2 Certificates and Class B-3 Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to 0.75%. Class B-3 Percentage: With respect to any Distribution Date, a fraction -------------------- expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class B-3 Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date. Class B-3 Prepayment Distribution Trigger: With respect to any ----------------------------------------- Distribution Date, a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of the Class B-3 Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to 0.40%. Class M Certificate: Any one of the Class M-1 Certificates, Class M-2 ------------------- Certificates or Class M-3 Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit B and evidencing an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions. 14 Class M Percentage: The Class M-1 Percentage, Class M-2 Percentage and ------------------ Class M-3 Percentage. Class M-1 Percentage: With respect to any Distribution Date, a fraction, -------------------- expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class M-1 Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date. Class M-2 Percentage: With respect to any Distribution Date, a fraction, -------------------- expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class M-2 Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date. Class M-2 Prepayment Distribution Trigger: With respect to any ----------------------------------------- Distribution Date, a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of the Class M-2 Certificates, Class M-3 Certificates, Class B-1 Certificates, Class B- 2 Certificates and Class B-3 Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to 3.00%. Class M-3 Percentage: With respect to any Distribution Date, a fraction, -------------------- expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class M-3 Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date. Class M-3 Prepayment Distribution Trigger: With respect to any ----------------------------------------- Distribution Date, a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of the Class M-3 Certificates, Class B-1 Certificates, Class B-2 Certificates and Class B-3 Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to 2.00%. Class R Certificate: Any one of the Class R-I Certificates or Class R-II ------------------- Certificates. 15 Class R-I Certificate: Any one of the Class R-I Certificates executed by --------------------- the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions. Class R-II Certificate: Any one of the Class R-II Certificates executed ---------------------- by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions. Closing Date: May 30, 1996. ------------ Code: The Internal Revenue Code of 1986. ---- Compensating Interest: With respect to any Distribution Date, an amount --------------------- equal to Prepayment Interest Shortfalls resulting from Principal Prepayments in Full during the related Prepayment Period, but not more than the lesser of (a) one-twelfth of 0.125% of the Stated Principal Balance of the Mortgage Loans immediately preceding such Distribution Date and (b) the sum of the Servicing Fee, all income and gain on amounts held in the Custodial Account and the Certificate Account and payable to the Certificateholders with respect to such Distribution Date and servicing compensation to which the Master Servicer may be entitled pursuant to Section 3.10(a)(v) and (vi); provided that for purposes of this definition the amount of the Servicing Fee will not be reduced pursuant to Section 7.02 except as may be required pursuant to the last sentence of such Section. Cooperative: A private, cooperative housing corporation organized under ----------- the laws of, and headquartered in, the State of New York which owns or leases land and all or part of a building or buildings located in the State of New York, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock. Cooperative Apartment: A dwelling unit in a multi-dwelling building --------------------- owned or leased by a Cooperative, which unit the Mortgagor has an exclusive right to occupy pursuant to the terms of a proprietary lease or occupancy agreement. Cooperative Lease: With respect to a Cooperative Loan, the proprietary ----------------- lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment. 16 Cooperative Loans: Any of the Mortgage Loans made in respect of a ----------------- Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an assignment of the Cooperative Lease, (iv) financing statements and (v) a stock power (or other similar instrument), and ancillary thereto, a recognition agreement between the Cooperative and the originator of the Cooperative Loan, each of which was transferred and assigned to the Trustee pursuant to Section 2.01 and are from time to time held as part of the Trust Fund. Cooperative Stock: With respect to a Cooperative Loan, the single ----------------- outstanding class of stock, partnership interest or other ownership instrument in the related Cooperative. Cooperative Stock Certificate: With respect to a Cooperative Loan, the ----------------------------- stock certificate or other instrument evidencing the related Cooperative Stock. Corporate Trust Office: The principal office of the Trustee at which at ---------------------- any particular time its corporate trust business with respect to this Agreement shall be administered, which office at the date of the execution of this instrument is located at Corporate Trust Services Division, One First National Plaza, Chicago, Illinois 60670-0126, Attention: Residential Funding Corporation Series 1996-S14. Credit Support Depletion Date: The first Distribution Date on which the ----------------------------- Senior Percentage equals 100%. Cumulative Insurance Payments: As of any time of determination, the ----------------------------- aggregate of all FSA Insurance Payments previously made by Financial Security under the FSA Policy minus the aggregate of all payments previously made to Financial Security pursuant to Sections 4.02(a)(xvi) and 4.02(g) hereof as reimbursement for FSA Insurance Payments. Curtailment: Any Principal Prepayment made by a Mortgagor which is not a ----------- Principal Prepayment in Full. Custodial Account: The custodial account or accounts created and ----------------- maintained pursuant to Section 3.07 in the name of a depository institution, as custodian for the holders of the Certificates, for the holders of certain other interests in mortgage loans serviced or sold by the Master Servicer and for the Master Servicer, into which the amounts set forth in Section 3.07 shall be deposited directly. Any such account or accounts shall be an Eligible Account. 17 Custodial Agreement: An agreement that may be entered into among the ------------------- Company, the Master Servicer, the Trustee and a Custodian in substantially the form of Exhibit E hereto. Custodian: A custodian appointed pursuant to a Custodial Agreement. --------- Cut-off Date: May 1, 1996. ------------ Cut-off Date Principal Balance: As to any Mortgage Loan, the unpaid ------------------------------ principal balance thereof at the Cut-off Date after giving effect to all installments of principal due on or prior thereto, whether or not received. Debt Service Reduction: With respect to any Mortgage Loan, a reduction ---------------------- in the scheduled Monthly Payment for such Mortgage Loan by a court of competent jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction constituting a Deficient Valuation or any reduction that results in a permanent forgiveness of principal. Deficient Valuation: With respect to any Mortgage Loan, a valuation by a ------------------- court of competent jurisdiction of the Mortgaged Property in an amount less than the then outstanding indebtedness under the Mortgage Loan, or any reduction in the amount of principal to be paid in connection with any scheduled Monthly Payment that constitutes a permanent forgiveness of principal, which valuation or reduction results from a proceeding under the Bankruptcy Code. Definitive Certificate: Any definitive, fully registered Certificate. ---------------------- Deleted Mortgage Loan: A Mortgage Loan replaced or to be replaced with a --------------------- Qualified Substitute Mortgage Loan. Depository: The Depository Trust Company, or any successor Depository ---------- hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(3) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended. Depository Participant: A broker, dealer, bank or other financial ---------------------- institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository. 18 Destroyed Mortgage Note: A Mortgage Note the original of which was ----------------------- permanently lost or destroyed and has not been replaced. Determination Date: With respect to any Distribution Date, the 20th day ------------------ (or if such 20th day is not a Business Day, the Business Day immediately following such 20th day) of the month of the related Distribution Date. Discount Fraction: With respect to each Discount Mortgage Loan, the ----------------- fraction expressed as a percentage, the numerator of which is 7.50% minus the Net Mortgage Rate (or the initial Net Mortgage Rate with respect to any Discount Mortgage Loans as to which the Mortgage Rate is modified pursuant to 3.07(a)) for such Mortgage Loan and the denominator of which is 7.50%. The Discount Fraction with respect to each Discount Mortgage Loan is set forth on Exhibit P attached hereto. Discount Mortgage Loan: Any Mortgage Loan having a Net Mortgage Rate (or ---------------------- the initial Net Mortgage Rate) of less than 7.50% per annum and any Mortgage Loan deemed to be a Discount Mortgage Loan pursuant to the definition of Qualified Substitute Mortgage Loan. Disqualified Organization: Any organization defined as a "disqualified ------------------------- organization" under Section 860E(e)(5) of the Code, which includes any of the following: (i) the United States, any State or political subdivision thereof, any possession of the United States, or any agency or instrumentality of any of the foregoing (other than an instrumentality which is a corporation if all of its activities are subject to tax and, except for the FHLMC, a majority of its board of directors is not selected by such governmental unit), (ii) a foreign government, any international organization, or any agency or instrumentality of any of the foregoing, (iii) any organization (other than certain farmers' cooperatives described in Section 521 of the Code) which is exempt from the tax imposed by Chapter 1 of the Code (including the tax imposed by Section 511 of the Code on unrelated business taxable income), (iv) rural electric and telephone cooperatives described in Section 1381(a)(2)(C) of the Code and (v) any other Person so designated by the Trustee based upon an Opinion of Counsel that the holding of an Ownership Interest in a Class R Certificate by such Person may cause REMIC I or REMIC II or any Person having an Ownership Interest in any Class of Certificates (other than such Person) to incur a liability for any federal tax imposed under the Code that would not otherwise be imposed but for the Transfer of an Ownership Interest in a Class R Certificate to such Person. The terms "United States", "State" and "international organization" shall have the meanings set forth in Section 7701 of the Code or successor provisions. 19 Distribution Date: The 25th day of any month beginning in the month ----------------- immediately following the month of the initial issuance of the Certificates or, if such 25th day is not a Business Day, the Business Day immediately following such 25th day. Due Date: With respect to any Distribution Date, the first day of the -------- month in which such Distribution Date occurs. Due Period: With respect to any Distribution Date, the period commencing ---------- on the second day of the month preceding the month of such Distribution Date and ending on the related Due Date. Eligible Account: An account that is any of the following: (i) ---------------- maintained with a depository institution the debt obligations of which have been rated by each Rating Agency in its highest rating available, or (ii) an account or accounts in a depository institution in which such accounts are fully insured to the limits established by the FDIC, provided that any deposits not so insured shall, to the extent acceptable to each Rating Agency, as evidenced in writing, be maintained such that (as evidenced by an Opinion of Counsel delivered to the Trustee and each Rating Agency) the registered Holders of Certificates have a claim with respect to the funds in such account or a perfected first security interest against any collateral (which shall be limited to Permitted Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution with which such account is maintained, or (iii) in the case of the Custodial Account, either (A) a trust account or accounts maintained in the corporate trust department of The First National Bank of Chicago or (B) an account or accounts maintained in the corporate asset services department of The First National Bank of Chicago, as long as its short term debt obligations are rated P-1 (or the equivalent) or better by each Rating Agency and its long term debt obligations are rated A2 (or the equivalent) or better, by each Rating Agency, or (iv) in the case of the Certificate Account, a trust account or accounts maintained in the corporate trust division of The First National Bank of Chicago, or (v) an account or accounts of a depository institution acceptable to each Rating Agency (as evidenced in writing by each Rating Agency that use of any such account as the Custodial Account or the Certificate Account will not reduce the rating assigned to any Class of Certificates by such Rating Agency below the lower of the then- current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency). 20 Eligible Funds: On any Distribution Date, the portion, if any, of the -------------- Available Distribution Amount remaining after reduction by the sum of (i) the aggregate amount of Accrued Certificate Interest on the Class A and Class R Certificates and the Excess Spread, (ii) the Senior Principal Distribution Amount (determined without regard to Section 4.02(a)(ii)(Y)(D) hereof), (iii) the Class A-18 Principal Distribution Amount (determined without regard to Section 4.02(b)(i)(E) hereof) and (iv) the aggregate amount of Accrued Certificate Interest on the Class M, Class B-1 and Class B-2 Certificates. Event of Default: As defined in Section 7.01. ---------------- Excess Bankruptcy Loss: Any Bankruptcy Loss, or portion thereof, which ---------------------- exceeds the then applicable Bankruptcy Amount. Excess Fraud Loss: Any Fraud Loss, or portion thereof, which exceeds the ----------------- then applicable Fraud Loss Amount. Excess Special Hazard Loss: Any Special Hazard Loss, or portion thereof, -------------------------- that exceeds the then applicable Special Hazard Amount. Excess Spread: With respect to any Distribution Date, the aggregate of ------------- one month's interest on the Stated Principal Balance of each Mortgage Loan at the applicable Spread Rate, calculated on the basis of a 360-day year consisting of twelve 30-day months and evidencing an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions. Excess Spread on any Distribution Date will be reduced by the interest shortfalls described in clauses (i) through (iv) of the fourth sentence of the definition of Accrued Certificate Interest, to the extent allocated thereto pursuant to the provisions of such definition. Excess Subordinate Principal Amount: With respect to any Distribution ----------------------------------- Date on which the Certificate Principal Balance of the most subordinate class or classes of Certificates (as established in Section 4.05 hereof) then outstanding is to be reduced to zero and on which Realized Losses are to be allocated to such class or classes, the excess, if any, of (i) the amount that would otherwise be distributable in respect of principal on such class or classes of Certificates on such Distribution Date over (ii) the excess, if any, of the Certificate Principal Balance of such class or classes of Certificates immediately prior to such Distribution Date over the aggregate amount of Realized Losses to be allocated to such classes of Certificates on such Distribution Date. 21 Extraordinary Events: Any of the following conditions with respect to a -------------------- Mortgaged Property or Mortgage Loan causing or resulting in a loss which causes the liquidation of such Mortgage Loan: (a) losses that are of the type that would be covered by the fidelity bond and the errors and omissions insurance policy required to be maintained pursuant to Section 3.12(b) but are in excess of the coverage maintained thereunder; (b) nuclear reaction or nuclear radiation or radioactive contamination, all whether controlled or uncontrolled, and whether such loss be direct or indirect, proximate or remote or be in whole or in part caused by, contributed to or aggravated by a peril covered by the definition of the term "Special Hazard Loss"; (c) hostile or warlike action in time of peace or war, including action in hindering, combatting or defending against an actual, impending or expected attack: 1. by any government or sovereign power, de jure or de facto, or by any authority maintaining or using military, naval or air forces; or 2. by military, naval or air forces; or 3. by an agent of any such government, power, authority or forces; (d) any weapon of war employing atomic fission or radioactive force whether in time of peace or war; or (e) insurrection, rebellion, revolution, civil war, usurped power or action taken by governmental authority in hindering, combatting or defending against such an occurrence, seizure or destruction under quarantine or customs regulations, confiscation by order of any government or public authority; or risks of contraband or illegal transportation or trade. Extraordinary Losses: Any loss incurred on a Mortgage Loan caused by or -------------------- resulting from an Extraordinary Event. FDIC: Federal Deposit Insurance Corporation or any successor ---- thereto. FHLMC: Federal Home Loan Mortgage Corporation, a corporate ----- instrumentality of the United States created and existing under Title III of the Emergency Home Finance Act of 1970, as amended, or any successor thereto. 22 Final Distribution Date: The Distribution Date on which the final ----------------------- distribution in respect of the Certificates will be made pursuant to Section 9.01 which Final Distribution Date shall in no event be later than the end of the 90-day liquidation period described in Section 9.03. Financial Security: Financial Security Assurance Inc., a stock ------------------ insurance company organized and created under the laws of the State of New York, and any successors thereto. Financial Security Default: The existence and continuance of a -------------------------- failure by Financial Security to make a payment required under the FSA Policy in accordance with its terms. Fitch: Fitch Investors Service, L.P. or its successor in interest. ----- FNMA: Federal National Mortgage Association, a federally chartered ---- and privately owned corporation organized and existing under the Federal National Mortgage Association Charter Act, or any successor thereto. Foreclosure Profits: As to any Distribution Date or related ------------------- Determination Date and any Mortgage Loan, the excess, if any, of Liquidation Proceeds, Insurance Proceeds and REO Proceeds (net of all amounts reimbursable therefrom pursuant to Section 3.10(a)(ii)) in respect of each Mortgage Loan or REO Property for which a Cash Liquidation or REO Disposition occurred in the related Prepayment Period over the sum of the unpaid principal balance of such Mortgage Loan or REO Property (determined, in the case of an REO Disposition, in accordance with Section 3.14) plus accrued and unpaid interest at the Mortgage Rate on such unpaid principal balance from the Due Date to which interest was last paid by the Mortgagor to the first day of the month following the month in which such Cash Liquidation or REO Disposition occurred. 23 Fraud Loss Amount: As of any date of determination after the Cut- ----------------- off Date, an amount equal to: (Y) prior to the first anniversary of the Cut-off Date an amount equal to 2.00% of the aggregate outstanding principal balance of all of the Mortgage Loans as of the Cut-off Date minus the aggregate amount of Fraud Losses allocated solely to one or more specific Classes of Certificates in accordance with Section 4.05 since the Cut-off Date up to such date of determination and (Z) from the first to the fifth anniversary of the Cut-off Date, an amount equal to (1) the lesser of (a) the Fraud Loss Amount as of the most recent anniversary of the Cut-off Date and (b) 1.00% of the aggregate outstanding principal balance of all of the Mortgage Loans as of the most recent anniversary of the Cut-off Date minus (2) the Fraud Losses allocated solely to one or more specific Classes of Certificates in accordance with Section 4.05 since the most recent anniversary of the Cut-off Date up to such date of determination. On and after the fifth anniversary of the Cut-off Date the Fraud Loss Amount shall be zero. The Fraud Loss Amount may be further reduced by the Master Servicer (including accelerating the manner in which such coverage is reduced) provided that prior to any such reduction, the Master Servicer shall (i) obtain written confirmation from each Rating Agency that such reduction shall not reduce the rating assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency and (ii) provide a copy of such written confirmation to the Trustee. Fraud Losses: Losses on Mortgage Loans as to which there was fraud ------------ in the origination of such Mortgage Loan. FSA Insurance Payment: Any payment made by Financial Security with --------------------- respect to the Insured Certificates under the FSA Policy. FSA Policy: The Financial Guaranty Insurance Policy (No. 50466-N) ---------- issued by Financial Security for the benefit of the Holders of the Insured Certificates, including any endorsements thereto, attached hereto as Exhibit Q. FSA Policy Payments Account: The account established pursuant to --------------------------- Section 11.02(b) hereof. Guaranteed Distribution: With respect to the Insured Certificates ----------------------- and any Distribution Date, as defined in the FSA Policy. 24 Independent: When used with respect to any specified Person, means ----------- such a Person who (i) is in fact independent of the Company, the Master Servicer and the Trustee, or any Affiliate thereof, (ii) does not have any direct financial interest or any material indirect financial interest in the Company, the Master Servicer or the Trustee or in an Affiliate thereof, and (iii) is not connected with the Company, the Master Servicer or the Trustee as an officer, employee, promoter, underwriter, trustee, partner, director or person performing similar functions. Initial Certificate Principal Balance: With respect to each Class ------------------------------------- of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date as set forth in the Preliminary Statement hereto. Initial Monthly Payment Fund: As defined in Section 2.01(f). ---------------------------- Insurance Premium: As to any Distribution Date, the premium ----------------- payable to Financial Security in respect of the FSA Policy, which shall be an amount equal to one-twelfth of the sum of (a) 0.07% multiplied by the aggregate Certificate Principal Balance of the Class A-5 and Class A-6 Certificates immediately prior to such Distribution Date and (b) 0.075% multiplied by the Certificate Principal Balance of the Class A-7 Certificates immediately prior to such Distribution Date. Insurance Proceeds: Proceeds paid in respect of the Mortgage Loans ------------------ pursuant to any Primary Insurance Policy or any other related insurance policy (excluding the FSA Policy) covering a Mortgage Loan, to the extent such proceeds are payable to the mortgagee under the Mortgage, any Subservicer, the Master Servicer or the Trustee and are not applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the procedures that the Master Servicer would follow in servicing mortgage loans held for its own account. Insured Certificates: Any one of the Class A-3, Class A-5, Class -------------------- A-6, Class A-9, Class A-10, Class A-15 or Class A-16 Certificates. Insured Reserve Fund: The account established and maintained by -------------------- the Trustee in accordance with Section 4.09 hereof. Insured Reserve Withdrawal: As defined in Section 4.09. -------------------------- Insurer: Any named insurer under any Primary Insurance Policy or ------- any successor thereto or the named insurer in any replacement policy. 25 Interest Accrual Period: With respect to any Certificate, other than ----------------------- any Class A-13 Certificate and Class A-14 Certificate, and any Distribution Date, the calendar month preceding the month in which such Distribution Date occurs. With respect to any Class A-13 Certificate or Class A-14 Certificate and any Distribution Date, the one-month period commencing on the 25th day of the month preceding the month in which such Distribution Date occurs and ending on the 24th day of the month in which such Distribution Date occurs. Notwithstanding the foregoing, the distributions of interest on any Distribution Date and the calculation of Accrued Certificate Interest for all Classes of Certificates including the Class A- 13 Certificates and Class A-14 Certificates will reflect interest accrued, and receipts with respect thereto, on the Mortgage Loans for the preceding calendar month, as may be reduced in accordance with the definition of Accrued Certificate Interest. Late Collections: With respect to any Mortgage Loan, all amounts ---------------- received during any Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late payments or collections of Monthly Payments due but delinquent for a previous Due Period and not previously recovered. LIBOR: With respect to any Distribution Date and the Pass-Through ----- Rates on the Class A-13 Certificates and Class A-14 Certificates, the arithmetic mean of the London interbank offered rate quotations of Reference Banks for one-month Eurodollar deposits in the international Eurocurrency market, expressed on a per annum basis, determined in accordance with Section 1.02. Liquidation Proceeds: Amounts (other than Insurance Proceeds) -------------------- received by the Master Servicer in connection with the taking of an entire Mortgaged Property by exercise of the power of eminent domain or condemnation or in connection with the liquidation of a defaulted Mortgage Loan through trustee's sale, foreclosure sale or otherwise, other than REO Proceeds. Loan-to-Value Ratio: As of any date, the fraction, expressed as a ------------------- percentage, the numerator of which is the current principal balance of the related Mortgage Loan at the date of determination and the denominator of which is the Appraised Value of the related Mortgaged Property. 26 Maturity Date: The latest possible maturity date, solely for ------------- purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, by which the Certificate Principal Balance of each Class of Certificates representing a regular interest in REMIC II and the Uncertificated Principal Balance of each REMIC I Regular Interest and the rights to the Excess Spread would be reduced to zero, which is May 25, 2026, the Distribution Date immediately following the latest scheduled maturity date of any Mortgage Loan. Monthly Payment: With respect to any Mortgage Loan (including any --------------- REO Property) and any Due Date, the payment of principal and interest due thereon in accordance with the amortization schedule at the time applicable thereto (after adjustment, if any, for curtailments and for Deficient Valuations occurring prior to such Due Date but before any adjustment to such amortization schedule by reason of any bankruptcy, other than a Deficient Valuation, or similar proceeding or any moratorium or similar waiver or grace period). Moody's: Moody's Investors Service, Inc., or its successor in ------- interest. Mortgage: With respect to each Mortgage Note related to a Mortgage -------- Loan which is not a Cooperative Loan, the mortgage, deed of trust or other comparable instrument creating a first lien on an estate in fee simple or leasehold interest in real property securing a Mortgage Note. Mortgage File: The mortgage documents listed in Section 2.01 ------------- pertaining to a particular Mortgage Loan and any additional documents required to be added to the Mortgage File pursuant to this Agreement. Mortgage Loan Schedule: The list of the Mortgage Loans attached ---------------------- hereto as Exhibit F (as amended from time to time to reflect the addition of Qualified Substitute Mortgage Loans), which list shall set forth at a minimum the following information as to each Mortgage Loan: (i) the Mortgage Loan identifying number ("RFC LOAN #"); (ii) the street address of the Mortgaged Property including state and zip code ("ADDRESS"); (iii) the maturity of the Mortgage Note ("MATURITY DATE"); (iv) the Mortgage Rate ("ORIG RATE"); 27 (v) the Subservicer pass-through rate ("CURR NET"); (vi) the Net Mortgage Rate ("NET MTG RT"); (vii) the Spread Rate ("SPREAD"); (viii) the initial scheduled monthly payment of principal, if any, and interest ("ORIGINAL P & I"); (ix) the Cut-off Date Principal Balance ("PRINCIPAL BAL"); (x) the Loan-to-Value Ratio at origination ("LTV"); (xi) the rate at which the Subservicing Fee accrues ("SUBSERV FEE") and at which the Servicing Fee accrues ("MSTR SERV FEE"); (xii) a code "T," "BT" or "CT" under the column "LN FEATURE," indicating that the Mortgage Loan is secured by a second or vacation residence; and (xiii) a code "N" under the column "OCCP CODE," indicating that the Mortgage Loan is secured by a non-owner occupied residence. Such schedule may consist of multiple reports that collectively set forth all of the information required. Mortgage Loans: Such of the mortgage loans transferred and assigned to -------------- the Trustee pursuant to Section 2.01 as from time to time are held or deemed to be held as a part of the Trust Fund, the Mortgage Loans originally so held being identified in the initial Mortgage Loan Schedule, and Qualified Substitute Mortgage Loans held or deemed held as part of the Trust Fund including, without limitation, (i) with respect to each Cooperative Loan, the related Mortgage Note, Security Agreement, Assignment of Proprietary Lease, Cooperative Stock Certificate, Cooperative Lease and Mortgage File and all rights appertaining thereto, and (ii) with respect to each Mortgage Loan other than a Cooperative Loan, each related Mortgage Note, Mortgage and Mortgage File and all rights appertaining thereto. Mortgage Note: The originally executed note or other evidence of ------------- indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan, together with any modification thereto. Mortgage Rate: As to any Mortgage Loan, the interest rate borne by the ------------- related Mortgage Note, or any modification thereto. 28 Mortgaged Property: The underlying real property securing a Mortgage ------------------ Loan. Mortgagor: The obligor on a Mortgage Note. --------- Net Mortgage Rate: As to each Mortgage Loan, a per annum rate of ----------------- interest equal to the Adjusted Mortgage Rate less the per annum rate at which the Servicing Fee is calculated. Non-Primary Residence Loans: The Mortgage Loans designated as secured by --------------------------- second or vacation residences, or by non-owner occupied residences, on the Mortgage Loan Schedule. Non-United States Person: Any Person other than a United States Person. ------------------------ Nonrecoverable Advance: Any Advance previously made or proposed to be ---------------------- made by the Master Servicer in respect of a Mortgage Loan (other than a Deleted Mortgage Loan) which, in the good faith judgment of the Master Servicer, will not, or, in the case of a proposed Advance, would not, be ultimately recoverable by the Master Servicer from related Late Collections, Insurance Proceeds, Liquidation Proceeds, REO Proceeds or amounts reimbursable to the Master Servicer pursuant to Section 4.02(a) hereof. The determination by the Master Servicer that it has made a Nonrecoverable Advance or that any proposed Advance would constitute a Nonrecoverable Advance, shall be evidenced by an Officers' Certificate delivered to the Company, the Trustee and Financial Security. Nonsubserviced Mortgage Loan: Any Mortgage Loan that, at the time of ---------------------------- reference thereto, is not subject to a Subservicing Agreement. Notional Amount: As of any Distribution Date, with respect to Class A-14 --------------- Certificates, the Certificate Principal Balance of the Class A-13 Certificates immediately prior to such date. Officers' Certificate: A certificate signed by the Chairman of the --------------------- Board, the President or a Vice President or Assistant Vice President, or a Director or Managing Director, and by the Treasurer, the Secretary, or one of the Assistant Treasurers or Assistant Secretaries of the Company or the Master Servicer, as the case may be, and delivered to the Trustee, as required by this Agreement. 29 Opinion of Counsel: A written opinion of counsel acceptable to the ------------------ Trustee and the Master Servicer, who may be counsel for the Company or the Master Servicer, provided that any opinion of counsel (i) referred to in the definition of "Permitted Transferee" or (ii) relating to the qualification of the Trust Fund as a REMIC or compliance with the REMIC Provisions must, unless otherwise specified, be an opinion of Independent counsel. Original Senior Percentage: The fraction, expressed as a percentage, the -------------------------- numerator of which is the aggregate Initial Certificate Principal Balance of the Senior Certificates (other than the Class A-18 Certificates) and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans (other than the Discount Fraction of the Discount Mortgage Loans), which is approximately 93.84% as of the Closing Date. Outstanding Mortgage Loan: As to any Due Date, a Mortgage Loan ------------------------- (including an REO Property) which was not the subject of a Principal Prepayment in Full, Cash Liquidation or REO Disposition and which was not purchased, deleted or substituted for prior to such Due Date pursuant to Section 2.02, 2.03 or 2.04. Owner or Holder: With respect to the Excess Spread, Residential Funding, --------------- as the owner of all right, title and interest in and to the Excess Spread. Solely for the purpose of giving any consent or direction pursuant to this Agreement, as long as Residential Funding or any Affiliate thereof is Master Servicer and the Excess Spread remains uncertificated, the Voting Rights evidenced thereby shall not be taken into account in determining whether the requisite amount of Voting Rights necessary to effect any such consent or direction has been obtained. Ownership Interest: As to any Certificate, any ownership or security ------------------ interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee. 30 Pass-Through Rate: With respect to the Class A Certificates (other than ----------------- the Class A-13, Class A-14 and Class A-18 Certificates), Class M Certificates, Class B Certificates and Class R Certificates and any Distribution Date, the per annum rate set forth in the Preliminary Statement hereto. With respect to the Class A-13 Certificates and the initial Interest Accrual Period, 6.0375% per annum, and as to any Interest Accrual Period thereafter, a per annum rate equal to LIBOR plus 0.60%, subject to a maximum rate of 9.00% per annum and a minimum rate of 0.60% per annum. With respect to the Class A-14 Certificates and the initial Interest Accrual Period, 2.9625% per annum, and as to any Interest Accrual Period thereafter, a per annum rate equal to 8.40% minus LIBOR, subject to a maximum rate of 8.40% per annum and a minimum rate of 0.00% per annum. The Class A-18 Certificates have no Pass-Through Rate and are not entitled to Accrued Certificate Interest. Paying Agent: The First National Bank of Chicago or any successor Paying ------------ Agent appointed by the Trustee. Percentage Interest: With respect to any Certificate (other than a Class ------------------- R Certificate), the undivided percentage ownership interest in the related Class evidenced by such Certificate, which percentage ownership interest shall be equal to the Initial Certificate Principal Balance thereof divided by the aggregate Initial Certificate Principal Balance of all of the Certificates of the same Class. With respect to a Class R Certificate, the interest in distributions to be made with respect to such Class evidenced thereby, expressed as a percentage, as stated on the face of each such Certificate. Permitted Investments: One or more of the following: --------------------- (i) obligations of or guaranteed as to principal and interest by the United States or any agency or instrumentality thereof when such obligations are backed by the full faith and credit of the United States; (ii) repurchase agreements on obligations specified in clause (i) maturing not more than one month from the date of acquisition thereof, provided that the unsecured obligations of the party agreeing to repurchase such obligations are at the time rated by each Rating Agency in its highest short-term rating available; 31 (iii) federal funds, certificates of deposit, demand deposits, time deposits and bankers' acceptances (which shall each have an original maturity of not more than 90 days and, in the case of bankers' acceptances, shall in no event have an original maturity of more than 365 days or a remaining maturity of more than 30 days) denominated in United States dollars of any U.S. depository institution or trust company incorporated under the laws of the United States or any state thereof or of any domestic branch of a foreign depository institution or trust company; provided that the debt obligations of such depository institution or trust company (or, if the only Rating Agency is Standard & Poor's, in the case of the principal depository institution in a depository institution holding company, debt obligations of the depository institution holding company) at the date of acquisition thereof have been rated by each Rating Agency in its highest short-term rating available; and provided further that, if the only Rating Agency is Standard & Poor's and if the depository or trust company is a principal subsidiary of a bank holding company and the debt obligations of such subsidiary are not separately rated, the applicable rating shall be that of the bank holding company; and, provided further that, if the original maturity of such short-term obligations of a domestic branch of a foreign depository institution or trust company shall exceed 30 days, the short-term rating of such institution shall be A-1+ in the case of Standard & Poor's if Standard & Poor's is the Rating Agency; (iv) commercial paper (having original maturities of not more than 365 days) of any corporation incorporated under the laws of the United States or any state thereof which on the date of acquisition has been rated by each Rating Agency in its highest short-term rating available; provided that such commercial paper shall have a remaining maturity of not more than 30 days; (v) a money market fund or a qualified investment fund rated by each Rating Agency in its highest long-term rating available; and (vi) other obligations or securities that are acceptable to each Rating Agency as a Permitted Investment hereunder and will not reduce the rating assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency, as evidenced in writing; 32 provided, however, no instrument shall be a Permitted Investment if it - -------- ------- represents, either (1) the right to receive only interest payments with respect to the underlying debt instrument or (2) the right to receive both principal and interest payments derived from obligations underlying such instrument and the principal and interest payments with respect to such instrument provide a yield to maturity greater than 120% of the yield to maturity at par of such underlying obligations. References herein to the highest rating available on unsecured long-term debt shall mean AAA in the case of Standard & Poor's and Fitch and Aaa in the case of Moody's, and references herein to the highest rating available on unsecured commercial paper and short-term debt obligations shall mean A-1 in the case of Standard & Poor's, P-1 in the case of Moody's and either A-1 by Standard & Poor's, P-1 by Moody's or F-1 by Fitch in the case of Fitch. Permitted Transferee: Any Transferee of a Class R Certificate, other -------------------- than a Disqualified Organization or Non-United States Person. Person: Any individual, corporation, partnership, joint venture, ------ association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. Pool Stated Principal Balance: As to any date of determination, the ----------------------------- aggregate of the Stated Principal Balances of each Mortgage Loan that was an Outstanding Mortgage Loan on the Due Date in the month preceding the month of such date of determination. Prepayment Assumption: A prepayment assumption of 200% of the standard --------------------- prepayment assumption, used for determining the accrual of original issue discount and market discount and premium on the Certificates for federal income tax purposes. The standard prepayment assumption assumes a constant rate of prepayment of mortgage loans of 0.2% per annum of the then outstanding principal balance of such mortgage loans in the first month of the life of the mortgage loans, increasing by an additional 0.2% per annum in each succeeding month until the thirtieth month, and a constant 6% per annum rate of prepayment thereafter for the life of the mortgage loans. Prepayment Distribution Percentage: With respect to any Distribution ---------------------------------- Date and each Class of Class M Certificates and Class B Certificates, under the applicable circumstances set forth below, the respective percentages set forth below: 33 (i) For any Distribution Date prior to the Distribution Date in June 2001 (unless the Certificate Principal Balances of the Class A Certificates, other than the Class A-18 Certificates, have been reduced to zero), 0%. (ii) For any Distribution Date on which any Class of Class M or Class B Certificates are outstanding not discussed in clause (i) above: (a) in the case of the Class of Class M Certificates then outstanding with the lowest numerical designation, or in the event the Class M Certificates are no longer outstanding, the Class of Class B Certificates then outstanding with the lowest numerical designation and each other Class of Class M Certificates and Class B Certificates for which the related Prepayment Distribution Trigger has been satisfied, a fraction, expressed as a percentage, the numerator of which is the Certificate Principal Balance of such Class immediately prior to such date and the denominator of which is the sum of the Certificate Principal Balances immediately prior to such date of (1) the Class of Class M Certificates then outstanding with the lowest numerical designation, or in the event the Class M Certificates are no longer outstanding, the Class of Class B Certificates then outstanding with the lowest numerical designation and (2) all other Classes of Class M Certificates and Class B Certificates for which the respective Prepayment Distribution Triggers have been satisfied; and (b) in the case of each other Class of Class M Certificates and Class B Certificates for which the Prepayment Distribution Triggers have not been satisfied, 0%; and 34 (iii) Notwithstanding the foregoing, if the application of the foregoing percentages on any Distribution Date as provided in Section 4.02 (determined without regard to the proviso to the definition of "Subordinate Principal Distribution Amount") would result in a distribution in respect of principal of any Class or Classes of Class M Certificates and Class B Certificates in an amount greater than the remaining Certificate Principal Balance thereof (any such class, a "Maturing Class"), then: (a) the Prepayment Distribution Percentage of each Maturing Class shall be reduced to a level that, when applied as described above, would exactly reduce the Certificate Principal Balance of such Class to zero; (b) the Prepayment Distribution Percentage of each other Class of Class M Certificates and Class B Certificates (any such Class, a "Non-Maturing Class") shall be recalculated in accordance with the provisions in paragraph (ii) above, as if the Certificate Principal Balance of each Maturing Class had been reduced to zero (such percentage as recalculated, the "Recalculated Percentage"); (c) the total amount of the reductions in the Prepayment Distribution Percentages of the Maturing Class or Classes pursuant to clause (a) of this sentence, expressed as an aggregate percentage, shall be allocated among the Non-Maturing Classes in proportion to their respective Recalculated Percentages (the portion of such aggregate reduction so allocated to any Non-Maturing Class, the "Adjustment Percentage"); and (d) for purposes of such Distribution Date, the Prepayment Distribution Percentage of each Non-Maturing Class shall be equal to the sum of (1) the Prepayment Distribution Percentage thereof, calculated in accordance with the provisions in paragraph (ii) above as if the Certificate Principal Balance of each Maturing Class had not been reduced to zero, plus (2) the related Adjustment Percentage. Prepayment Distribution Trigger: The Class M-2 Prepayment Distribution ------------------------------- Trigger, Class M-3 Prepayment Distribution Trigger, Class B-1 Prepayment Distribution Trigger, Class B-2 Prepayment Distribution Trigger or Class B-3 Prepayment Distribution Trigger. 35 Prepayment Interest Shortfall: As to any Distribution Date and any ----------------------------- Mortgage Loan (other than a Mortgage Loan relating to an REO Property) that was the subject of (a) a Principal Prepayment in Full during the related Prepayment Period, an amount equal to the excess of one month's interest at the Net Mortgage Rate on the Stated Principal Balance of such Mortgage Loan over the amount of interest (adjusted to the Net Mortgage Rate) paid by the Mortgagor for such Prepayment Period to the date of such Principal Prepayment in Full or (b) a Curtailment during the prior calendar month, an amount equal to one month's interest at the Net Mortgage Rate on the amount of such Curtailment. Prepayment Lockout Certificates: Any one of the Class A-4 ------------------------------- Certificates. Prepayment Lockout Percentage: As of any Distribution Date, the ----------------------------- percentage equal to the aggregate Certificate Principal Balance of the Prepayment Lockout Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties)(other than the Discount Fraction of the Discount Mortgage Loans) immediately prior to such Distribution Date. Prepayment Period: As to any Distribution Date, the calendar month ----------------- preceding the month of distribution. Primary Insurance Policy: Each primary policy of mortgage guaranty ------------------------ insurance or any replacement policy therefor referred to in Section 2.03(b)(iv) and (v). Principal Prepayment: Any payment of principal or other recovery -------------------- on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment. Principal Prepayment in Full: Any Principal Prepayment made by a ---------------------------- Mortgagor of the entire principal balance of a Mortgage Loan. Program Guide: Collectively, the Seller Guide and the Servicer ------------- Guide for Residential Funding's mortgage loan purchase and conduit servicing program and all supplements and amendments thereto published by Residential Funding from time to time. 36 Purchase Price: With respect to any Mortgage Loan (or REO -------------- Property) required to be or otherwise purchased on any date pursuant to Section 2.02, 2.03, 2.04 or 4.07, an amount equal to the sum of (i) 100% of the Stated Principal Balance thereof plus the principal portion of any related unreimbursed Advances and (ii) unpaid accrued interest at the Adjusted Mortgage Rate (or at the Net Mortgage Rate in the case of a purchase made by the Master Servicer) on the Stated Principal Balance thereof to the first day of the month following the month of purchase from the Due Date to which interest was last paid by the Mortgagor. Qualified Substitute Mortgage Loan: A Mortgage Loan substituted by ---------------------------------- Residential Funding or the Company for a Deleted Mortgage Loan which must, on the date of such substitution, as confirmed in an Officers' Certificate delivered to the Trustee, (i) have an outstanding principal balance, after deduction of the principal portion of the monthly payment due in the month of substitution (or in the case of a substitution of more than one Mortgage Loan for a Deleted Mortgage Loan, an aggregate outstanding principal balance, after such deduction), not in excess of the Stated Principal Balance of the Deleted Mortgage Loan (the amount of any shortfall to be deposited by Residential Funding in the Custodial Account in the month of substitution); (ii) have a Mortgage Rate and a Net Mortgage Rate no lower than and not more than 1% per annum higher than the Mortgage Rate and Net Mortgage Rate, respectively, of the Deleted Mortgage Loan as of the date of substitution; (iii) have a Loan-to-Value Ratio at the time of substitution no higher than that of the Deleted Mortgage Loan at the time of substitution; (iv) have a remaining term to stated maturity not greater than (and not more than one year less than) that of the Deleted Mortgage Loan; (v) comply with each representation and warranty set forth in Sections 2.03 and 2.04 hereof and Section 4 of the Assignment Agreement; and (vi) have a Spread Rate equal to or greater than that of the Deleted Mortgage Loan. Notwithstanding any other provisions herein, (x) with respect to any Qualified Substitute Mortgage Loan substituted for a Deleted Mortgage Loan which was a Discount Mortgage Loan, such Qualified Substitute Mortgage Loan shall be deemed to be a Discount Mortgage Loan and to have a Discount Fraction equal to the Discount Fraction of the Deleted Mortgage Loan and (y) in the event that the "Spread Rate" of any Qualified Substitute Mortgage Loan as calculated pursuant to the definition of "Spread Rate" is greater than the Spread Rate of the related Deleted Mortgage Loan (i) the Spread Rate of such Qualified Substitute Mortgage Loan shall be equal to the Spread Rate of the related Deleted Mortgage Loan for purposes of calculating the Excess Spread and (ii) the excess of the Spread Rate on such Qualified Substitute Mortgage Loan as calculated pursuant to the definition of "Spread Rate" over the Spread Rate on the related Deleted Mortgage Loan shall be payable to the Class R Certificates pursuant to Section 4.02 hereof. 37 Rate Adjustment Date: With respect to each Distribution Date and the -------------------- Class A-13 Certificates and Class A-14 Certificates, the day immediately preceding the commencement of the related Interest Accrual Period on which banks are open for dealing in foreign currency and exchange in London, England. Rating Agency: Fitch and Standard & Poor's with respect to the ------------- Class A and Class R and Standard & Poor's with respect to the Class M-1, Class M-2, Class M-3, Class B-1 and Class B-2 Certificates. If either agency or a successor is no longer in existence, "Rating Agency" shall be such statistical credit rating agency, or other comparable Person, designated by the Company, notice of which designation shall be given to the Trustee and the Master Servicer. Realized Loss: With respect to each Mortgage Loan (or REO ------------- Property) as to which a Cash Liquidation or REO Disposition has occurred, an amount (not less than zero) equal to (i) the Stated Principal Balance of the Mortgage Loan (or REO Property) as of the date of Cash Liquidation or REO Disposition, plus (ii) interest (and REO Imputed Interest, if any) at the Net Mortgage Rate from the Due Date as to which interest was last paid or advanced to Certificateholders and the Owner of the Excess Spread up to the last day of the month in which the Cash Liquidation (or REO Disposition) occurred on the Stated Principal Balance of such Mortgage Loan (or REO Property) outstanding during each Due Period that such interest was not paid or advanced, minus (iii) the proceeds, if any, received during the month in which such Cash Liquidation (or REO Disposition) occurred, to the extent applied as recoveries of interest at the Net Mortgage Rate and to principal of the Mortgage Loan, net of the portion thereof reimbursable to the Master Servicer or any Subservicer with respect to related Advances or expenses as to which the Master Servicer or Subservicer is entitled to reimbursement thereunder but which have not been previously reimbursed. With respect to each Mortgage Loan which has become the subject of a Deficient Valuation, the difference between the principal balance of the Mortgage Loan outstanding immediately prior to such Deficient Valuation and the principal balance of the Mortgage Loan as reduced by the Deficient Valuation. With respect to each Mortgage Loan which has become the object of a Debt Service Reduction, the amount of such Debt Service Reduction. Record Date: With respect to each Distribution Date, the close of ----------- business on the last Business Day of the month next preceding the month in which the related Distribution Date occurs. Regular Certificate: Any of the Certificates other than a Class R- ------------------- I Certificate or Class R-II Certificate. 38 REMIC: A "real estate mortgage investment conduit" within the ----- meaning of Section 860D of the Code. REMIC Administrator: Residential Funding Corporation. If ------------------- Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement. REMIC I: The segregated pool of assets, with respect to which a ------- REMIC election is to be made, consisting of: (i) the Mortgage Loans and the related Mortgage Files, (ii) all payments on and collections in respect of the Mortgage Loans due after the Cut-off Date as shall be on deposit in the Custodial Account or in the Certificate Account and identified as belonging to the Trust Fund, (iii) property which secured a Mortgage Loan and which has been acquired for the benefit of the Certificateholders and the Owner of the Excess Spread by foreclosure or deed in lieu of foreclosure, and (iv) the hazard insurance policies and Primary Insurance Policies, if any, and certain proceeds thereof. Notwithstanding the foregoing, REMIC I specifically excludes the Insured Reserve Fund, the FSA Policy and the FSA Policy Payments Account. REMIC I Certificates: The Class R-I Certificates. -------------------- REMIC II: The segregated pool of assets consisting of the Uncertificated -------- REMIC I Regular Interests conveyed in trust to the Trustee for the benefit of the holders of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and the Owner of the Excess Spread and Class R-II Certificates pursuant to Section 2.06, with respect to which a separate REMIC election is to be made. 39 REMIC II Certificates: Any of the Class A-1, Class A-2, Class A-3, Class --------------------- A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A- 11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates. REMIC Provisions: Provisions of the federal income tax law relating to ---------------- real estate mortgage investment conduits, which appear at Sections 860A through 860G of Subchapter M of Chapter 1 of the Code, and related provisions, and temporary and final regulations (or, to the extent not inconsistent with such temporary or final regulations, proposed regulations) and published rulings, notices and announcements promulgated thereunder, as the foregoing may be in effect from time to time. REO Acquisition: The acquisition by the Master Servicer on behalf of the --------------- Trustee for the benefit of the Certificateholders and the Owner of the Excess Spread of any REO Property pursuant to Section 3.14. REO Disposition: As to any REO Property, a determination by the Master --------------- Servicer that it has received all Insurance Proceeds, Liquidation Proceeds, REO Proceeds and other payments and recoveries (including proceeds of a final sale) which the Master Servicer expects to be finally recoverable from the sale or other disposition of the REO Property. REO Imputed Interest: As to any REO Property, for any period, an amount -------------------- equivalent to interest (at the Net Mortgage Rate that would have been applicable to the related Mortgage Loan had it been outstanding) on the unpaid principal balance of the Mortgage Loan as of the date of acquisition thereof for such period. REO Proceeds: Proceeds, net of expenses, received in respect of any REO ------------ Property (including, without limitation, proceeds from the rental of the related Mortgaged Property) which proceeds are required to be deposited into the Custodial Account only upon the related REO Disposition. REO Property: A Mortgaged Property acquired by the Master Servicer ------------ through foreclosure or deed in lieu of foreclosure in connection with a defaulted Mortgage Loan. Request for Release: A request for release, the forms of which are ------------------- attached as Exhibit H hereto. 40 Required Insurance Policy: With respect to any Mortgage Loan, any ------------------------- insurance policy which is required to be maintained from time to time under this Agreement, the Program Guide or the related Subservicing Agreement in respect of such Mortgage Loan. Residential Funding: Residential Funding Corporation, a Delaware ------------------- corporation, in its capacity as seller of the Mortgage Loans to the Company and any successor thereto. Responsible Officer: When used with respect to the Trustee, any officer -------------------- of the Corporate Trust Department of the Trustee, including any Senior Vice President, any Vice President, any Assistant Vice President, any Assistant Secretary, any Trust Officer or Assistant Trust Officer, or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers to whom, with respect to a particular matter, such matter is referred. Security Agreement: With respect to a Cooperative Loan, the agreement ------------------ creating a security interest in favor of the originator in the related Cooperative Stock. Seller: As to any Mortgage Loan, a Person, including any Subservicer, ------ that executed a Seller's Agreement applicable to such Mortgage Loan. Seller's Agreement: An agreement for the origination and sale of ------------------ Mortgage Loans generally in the form of the Seller Contract referred to or contained in the Program Guide, or in such other form as has been approved by the Master Servicer and the Company, each containing representations and warranties in respect of one or more Mortgage Loans. Senior Certificates: Any one of the Class A Certificates or Class R ------------------- Certificates. Senior Percentage: As of any Distribution Date, the lesser of 100% and a ----------------- fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Senior Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date. 41 Senior Principal Distribution Amount: As to any Distribution Date, the ------------------------------------ lesser of (a) the balance of the Available Distribution Amount remaining after the distribution of all amounts required to be distributed pursuant to Section 4.02(a)(i) and (b) the sum of the amounts required to be distributed to the Class A Certificateholders and Class R Certificateholders on such Distribution Date pursuant to Section 4.02(a)(ii), (xvii) and (xviii). Servicing Accounts: The account or accounts created and maintained ------------------ pursuant to Section 3.08. Servicing Advances: All customary, reasonable and necessary "out of ------------------ pocket" costs and expenses incurred in connection with a default, delinquency or other unanticipated event by the Master Servicer in the performance of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of any REO Property and (iv) compliance with the obligations under Sections 3.01, 3.08, 3.12(a) and 3.14, including, if the Master Servicer or any Affiliate of the Master Servicer provides services such as appraisals and brokerage services that are customarily provided by Persons other than servicers of mortgage loans, reasonable compensation for such services. Servicing Fee: With respect to any Mortgage Loan and Distribution Date, ------------- the fee payable monthly to the Master Servicer in respect of master servicing compensation that accrues at an annual rate designated on the Mortgage Loan Schedule as the "MSTR SERV FEE" for such Mortgage Loan, as may be adjusted with respect to successor Master Servicers as provided in Section 7.02. Servicing Officer: Any officer of the Master Servicer involved in, or ----------------- responsible for, the administration and servicing of the Mortgage Loans whose name and specimen signature appear on a list of servicing officers furnished to the Trustee by the Master Servicer, as such list may from time to time be amended. 42 Special Hazard Amount: As of any Distribution Date, an amount equal to --------------------- $3,674,971 minus the sum of (i) the aggregate amount of Special Hazard Losses allocated solely to one or more specific Classes of Certificates in accordance with Section 4.05 and (ii) the Adjustment Amount (as defined below) as most recently calculated. For each anniversary of the Cut-off Date, the Adjustment Amount shall be equal to the amount, if any, by which the amount calculated in accordance with the preceding sentence (without giving effect to the deduction of the Adjustment Amount for such anniversary) exceeds the greater of (A) the greatest of (i) twice the outstanding principal balance of the Mortgage Loan in the Trust Fund which has the largest outstanding principal balance on the Distribution Date immediately preceding such anniversary, (ii) the product of 1.00% multiplied by the outstanding principal balance of all Mortgage Loans on the Distribution Date immediately preceding such anniversary and (iii) the aggregate outstanding principal balance (as of the immediately preceding Distribution Date) of the Mortgage Loans in any single five-digit California zip code area with the largest amount of Mortgage Loans by aggregate principal balance as of such anniversary and (B) the greater of (i) the product of 0.50% multiplied by the outstanding principal balance of all Mortgage Loans on the Distribution Date immediately preceding such anniversary multiplied by a fraction, the numerator of which is equal to the aggregate outstanding principal balance (as of the immediately preceding Distribution Date) of all of the Mortgage Loans secured by Mortgaged Properties located in the State of California divided by the aggregate outstanding principal balance (as of the immediately preceding Distribution Date) of all of the Mortgage Loans, expressed as a percentage, and the denominator of which is equal to 0.50% (which percentage is equal to the percentage of Mortgage Loans initially secured by Mortgaged Properties located in the State of California) and (ii) the aggregate outstanding principal balance (as of the immediately preceding Distribution Date) of the largest Mortgage Loan secured by a Mortgaged Property located in the State of California. The Special Hazard Amount may be further reduced by the Master Servicer (including accelerating the manner in which coverage is reduced) provided that prior to any such reduction, the Master Servicer shall (i) obtain written confirmation from each Rating Agency that such reduction shall not reduce the rating assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency and (ii) provide a copy of such written confirmation to the Trustee. 43 Special Hazard Loss: Any Realized Loss not in excess of the cost of the ------------------- lesser of repair or replacement of a Mortgaged Property suffered by such Mortgaged Property on account of direct physical loss, exclusive of (i) any loss of a type covered by a hazard policy or a flood insurance policy required to be maintained in respect of such Mortgaged Property pursuant to Section 3.12(a), except to the extent of the portion of such loss not covered as a result of any coinsurance provision and (ii) any Extraordinary Loss. Spread Rate: With respect to each Mortgage Loan, a per annum rate equal ----------- to the excess of (a) the Net Mortgage Rate of such Mortgage Loan over (b) 7.50% per annum. Standard & Poor's: Standard & Poor's Ratings Services, a division of the ----------------- McGraw-Hill Companies, or its successor in interest. Stated Principal Balance: With respect to any Mortgage Loan or related ------------------------ REO Property, at any given time, (i) the Cut-off Date Principal Balance of the Mortgage Loan, minus (ii) the sum of (a) the principal portion of the Monthly Payments due with respect to such Mortgage Loan or REO Property during each Due Period ending prior to the most recent Distribution Date which were received or with respect to which an Advance was made, and (b) all Principal Prepayments with respect to such Mortgage Loan or REO Property, and all Insurance Proceeds, Liquidation Proceeds and REO Proceeds, to the extent applied by the Master Servicer as recoveries of principal in accordance with Section 3.14 with respect to such Mortgage Loan or REO Property, in each case which were distributed pursuant to Section 4.02 on any previous Distribution Date, and (c) any Realized Loss allocated to Certificateholders with respect thereto for any previous Distribution Date. Subordinate Percentage: As of any Distribution Date, 100% minus the ---------------------- Senior Percentage as of such Distribution Date. 44 Subordinate Principal Distribution Amount: With respect to any ----------------------------------------- Distribution Date and each Class of Class M Certificates and Class B Certificates, (a) the sum of (i) the product of (x) the related Class M Percentage or Class B Percentage for such Class and (y) the aggregate of the amounts calculated for such Distribution Date under clauses (1), (2) and (3) of Section 4.02(a)(ii)(Y)(A); (ii) such Class's pro rata share, based on the Certificate Principal Balance of each Class of Class M Certificates and Class B Certificates then outstanding, of the principal collections described in Section 4.02(a)(ii)(Y)(B)(b) to the extent such collections are not otherwise distributed to the Class A Certificates and Class R Certificates; (iii) the product of (x) the related Prepayment Distribution Percentage and (y) the aggregate of all Principal Prepayments in Full and Curtailments received in the related Prepayment Period to the extent not payable to the Class A Certificates and Class R Certificates; (iv) if such Class is the most senior Class of Certificates then outstanding (as established in Section 4.05 hereof), any Excess Subordinate Principal Amount for such Distribution Date; and (v) any amounts described in clauses (i), (ii) and (iii) as determined for any previous Distribution Date, that remain undistributed to the extent that such amounts are not attributable to Realized Losses which have been allocated to a subordinate Class of Class M or Class B Certificates minus (b) any Excess Subordinate Principal Amount not payable to such Class on such Distribution Date pursuant to the definition thereof; provided, however, that such amount shall in no event -------- ------- exceed the outstanding Certificate Principal Balance of such Class of Certificates immediately prior to such date. Subserviced Mortgage Loan: Any Mortgage Loan that, at the time of ------------------------- reference thereto, is subject to a Subservicing Agreement. Subservicer: Any Person with whom the Master Servicer has entered into a ----------- Subservicing Agreement and who generally satisfied the requirements set forth in the Program Guide in respect of the qualification of a Subservicer as of the date of its approval as a Subservicer by the Master Servicer. Subservicer Advance: Any delinquent installment of principal and ------------------- interest on a Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee) pursuant to the Subservicing Agreement. Subservicing Account: An account established by a Subservicer in -------------------- accordance with Section 3.08. 45 Subservicing Agreement: The written contract between the Master Servicer ---------------------- and any Subservicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02, generally in the form of the servicer contract referred to or contained in the Program Guide or in such other form as has been approved by the Master Servicer and the Company. Subservicing Fee: As to any Mortgage Loan, the fee payable monthly to ---------------- the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan. Tax Returns: The federal income tax return on Internal Revenue Service ----------- Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed on behalf of REMIC I and REMIC II due to their classification as REMICs under the REMIC Provisions, together with any and all other information, reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws. Transfer: Any direct or indirect transfer, sale, pledge, hypothecation -------- or other form of assignment of any Ownership Interest in a Certificate. Transferee: Any Person who is acquiring by Transfer any Ownership ---------- Interest in a Certificate. Transferor: Any Person who is disposing by Transfer of any Ownership ---------- Interest in a Certificate. Trust Fund: REMIC I and REMIC II. ---------- 46 Uncertificated Accrued Interest: With respect to each Distribution Date, ------------------------------- (i) as to Uncertificated REMIC I Regular Interest U, an amount equal to the aggregate amount of Accrued Certificate Interest that would result under the terms of the definition thereof on the Class A-13 and Class A-14 Certificates if the Pass-Through Rate on such Classes were equal to the Pass-Through Rate on Uncertificated REMIC I Regular Interest U, (ii) as to Uncertificated REMIC I Regular Interest V, an amount equal to the aggregate amount of Accrued Certificate Interest that would result under the terms of the definition thereof on the Class A-11 Certificates if the Pass-Through Rate on such Classes were equal to the Pass-Through Rate on Uncertificated REMIC I Regular Interest V, (iii) as to Uncertificated REMIC I Regular Interest W, an amount equal to the aggregate amount of Accrued Certificate Interest that would result under the terms of the definition thereof on the Class A-12 Certificates if the Pass- Through Rate on such Classes were equal to the Uncertificated Pass-Through Rate on Uncertificated REMIC I Regular Interest W, (iv) as to Uncertificated REMIC I Regular Interest X, an amount equal to the aggregate amount of Accrued Certificate Interest that would result under the terms of the definition thereof on the Class A-18 Certificates if the Pass-Through Rate on such Class were equal to the Uncertificated Pass-Through Rate on Uncertificated REMIC I Regular Interest X, (iv) as to Uncertificated REMIC I Regular Interest Y, an amount equal to the aggregate amount of Accrued Certificate Interest that would result under the terms of the definition thereof on the Class A-1, Class A-2, Class A- 3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-15, Class A-16, Class A-17, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates if the Pass-Through Rates on such Classes were equal to the Uncertificated Pass-Through Rate on Uncertificated REMIC I Regular Interest Y and (vii) as to the Uncertificated REMIC I Regular Interest Z, an amount equal to one month's interest at the Uncertificated Pass-Through Rate for the Uncertificated REMIC I Regular Interest Z on the aggregate principal balance of the Mortgage Loans reduced by the pro rata share of the Uncertificated REMIC I Regular Interest Z in any prepayment interest shortfalls or other reductions of interest allocable to the Excess Spread. Uncertificated Pass-Through Rate: With respect to each of the -------------------------------- Uncertificated REMIC I Regular Interests U, V, W, X, Y and Z, 9.00%, 8.00%, 7.00%, 0.00%, 7.50% and the weighted average of the Spread Rates for the Mortgage Loans, respectively. 47 Uncertificated Principal Balance: With respect to each Uncertificated -------------------------------- REMIC I Regular Interest on any date of determination, an amount equal to $16,215,000 with respect to Uncertificated REMIC I Regular Interest U, an amount equal to $10,498,532 with respect to Uncertificated REMIC I Regular Interest V, an amount equal to $59,143,468 with respect to Uncertificated REMIC I Regular Interest W, $9,649,848.10 with respect to Uncertificated REMIC I Regular Interest X, $271,990,131.75 with respect to Uncertificated REMIC I Regular Interest Y and $0 with respect to Uncertificated REMIC I Regular Interest Z, minus (ii) the sum of (x) the aggregate of all amounts previously deemed distributed with respect to such interest and applied to reduce the Uncertificated Principal Balance thereof pursuant to Section 4.08(a)(ii) and (y) the aggregate of all reductions in Certificate Principal Balance deemed to have occurred in connection with Realized Losses that were previously deemed allocated to the Uncertificated Principal Balance of such Uncertificated REMIC I Regular Interest pursuant to Section 4.08(d). Uncertificated REMIC I Regular Interest U: An uncertificated partial ----------------------------------------- undivided beneficial ownership interest in REMIC I having a principal balance equal to the Stated Principal Balance of the Mortgage Loans and REO Property from time to time multiplied by a fraction, the numerator of which is the aggregate Certificate Principal Balance of the Class A-13 and Class A-14 Certificates and the denominator of which is the aggregate Certificate Principal Balance of all of the Certificates, and which bears interest at a rate equal to 9.00% per annum. Uncertificated REMIC I Regular Interest V: An uncertificated partial ----------------------------------------- undivided beneficial ownership interest in REMIC I having a principal balance equal to the Stated Principal Balance of the Mortgage Loans and REO Property from time to time multiplied by a fraction, the numerator of which is the aggregate Certificate Principal Balance of the Class A-11 Certificates and the denominator of which is the aggregate Certificate Principal Balance of all of the Certificates, and which bears interest at a rate equal to 8.00% per annum. Uncertificated REMIC I Regular Interest W: An uncertificated partial ----------------------------------------- undivided beneficial ownership interest in REMIC I having a principal balance equal to the Stated Principal Balance of the Mortgage Loans and REO Property from time to time multiplied by a fraction, the numerator of which is the aggregate Certificate Principal Balance of the Class A-12 Certificates and the denominator of which is the aggregate Certificate Principal Balance of all of the Certificates, and which bears interest at a rate equal to 7.00% per annum. 48 Uncertificated REMIC I Regular Interest X: An uncertificated partial ----------------------------------------- undivided beneficial ownership interest in REMIC I having a principal balance equal to the Stated Principal Balance of the Mortgage Loans and REO Property from time to time multiplied by a fraction, the numerator of which is the aggregate Certificate Principal Balance of the Class A-18 Certificates and the denominator of which is the aggregate Certificate Principal Balance of all of the Certificates, and which bears interest at a rate equal to 0.00% per annum. Uncertificated REMIC I Regular Interest Y: An uncertificated partial ----------------------------------------- undivided beneficial ownership interest in REMIC I having a principal balance equal to the Stated Principal Balance of the Mortgage Loans and REO Property from time to time multiplied by a fraction, the numerator of which is the aggregate Certificate Principal Balance of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-15, Class A-16, Class A-17, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates and the denominator of which is the aggregate Certificate Principal Balance of all of the Certificates, and which bears interest at a rate equal to 7.50% per annum. Uncertificated REMIC I Regular Interest Z: An uncertificated partial ----------------------------------------- undivided beneficial ownership interest in REMIC I having a principal balance equal to $0 and a notional amount equal to the aggregate Stated Principal Balance of the Mortgage Loans and REO Property from time to time, and which bears interest on its notional amount at a rate equal to the weighted average of the Spread Rates for the Mortgage Loans. Uncertificated REMIC I Regular Interests: Uncertificated REMIC I Regular ---------------------------------------- Interest U, Uncertificated REMIC I Regular Interest V, Uncertificated REMIC I Regular Interest W, Uncertificated REMIC I Regular Interest X, Uncertificated REMIC I Regular Interest Y and Uncertificated REMIC I Regular Interest Z. Uncertificated REMIC I Regular Interest U Distribution Amount: With ------------------------------------------------------------- respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC I Regular Interest U for such Distribution Date pursuant to Section 4.08(a). Uncertificated REMIC I Regular Interest V Distribution Amount: With ------------------------------------------------------------- respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC I Regular Interest V for such Distribution Date pursuant to Section 4.08(a). 49 Uncertificated REMIC I Regular Interest W Distribution Amount: With ------------------------------------------------------------- respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC I Regular Interest W for such Distribution Date pursuant to Section 4.08(a). Uncertificated REMIC I Regular Interest X Distribution Amount: With ------------------------------------------------------------- respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC I Regular Interest X for such Distribution Date pursuant to Section 4.08(a). Uncertificated REMIC I Regular Interest Y Distribution Amount: With ------------------------------------------------------------- respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC I Regular Interest Y for such Distribution Date pursuant to Section 4.08(a). Uncertificated REMIC I Regular Interest Z Distribution Amount: With ------------------------------------------------------------- respect to any Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated REMIC I Regular Interest Z for such Distribution Date pursuant to Section 4.08(a). Uncertificated REMIC I Regular Interest Distribution Amounts: The ------------------------------------------------------------ Uncertificated REMIC I Regular Interest U Distribution Amount, Uncertificated REMIC I Regular Interest V Distribution Amount, Uncertificated REMIC I Regular Interest W Distribution Amount, Uncertificated REMIC I Regular Interest X Distribution Amount, Uncertificated REMIC I Regular Interest Y Distribution Amount and Uncertificated REMIC I Regular Interest Z Distribution Amount. Underwriter: As defined in Section 4.09. ----------- Uniform Single Attestation Program for Mortgage Bankers: The Uniform ------------------------------------------------------- Single Attestation Program for Mortgage Bankers, as published by the Mortgage Bankers Association of America and effective with respect to fiscal periods ending on or after December 15, 1995. Uninsured Cause: Any cause of damage to property subject to a Mortgage --------------- such that the complete restoration of such property is not fully reimbursable by the hazard insurance policies. 50 United States Person: A citizen or resident of the United States, a -------------------- corporation, partnership or other entity created or organized in, or under the laws of, the United States or any political subdivision thereof, or an estate or trust whose income from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its connection with the conduct of a trade or business within the United States. Voting Rights: The portion of the voting rights of all of the ------------- Certificates which is allocated to any Certificate. 97.0% of all of the Voting Rights shall be allocated among Holders of Certificates, other than the Class A- 14, Class R-I and Class R-II Certificates, in proportion to the outstanding Certificate Principal Balances of their respective Certificates, except that Financial Security shall be assigned the Voting Rights of the Insured Certificateholders in the absence of any continuing Financial Security Default; and 1% of all Voting Rights shall be allocated among the Holders of the Class A- 14 Certificates; 1% of all Voting Rights shall be allocated to the Owner of the Excess Spread and the Holders of the Class R-I Certificates and Class R-II Certificates shall be entitled to 0.5% and 0.5% of all of the Voting Rights, respectively, allocated among the Certificates of each such Class in accordance with their respective Percentage Interests. Section 1.02. Determination of LIBOR. ---------------------- LIBOR applicable to the calculation of the Pass-Through Rates on the Class A-13 Certificates and Class A-14 Certificates for any Interest Accrual Period will be determined on each Rate Adjustment Date. 51 On each Rate Adjustment Date, the Trustee will determine LIBOR on the basis of the LIBOR quotations of the Reference Banks (as defined below), as such quotations are available to the Trustee as of 11:00 a.m. (London time) on such Rate Adjustment Date. As used in this Section 1.02 with respect to a Rate Adjustment Date, "Reference Banks" means four leading banks engaged in transactions in one-month Eurodollar deposits in the international Eurocurrency market (i) with an established place of business in London, (ii) whose quotations appear on the Reuters Screen LIBO Page on the Rate Adjustment Date in question and (iii) which have been designated as such by the Trustee and are able and willing to provide such quotations to the Trustee on each Rate Adjustment Date; and "Reuters Screen LIBO Page" means the display designated as page "LIBO" on the Reuters Monitor Money Rates Service (or such other page as may replace the LIBO page on that service for the purpose of displaying London interbank offered rate quotations of major banks). The initial Reference Banks shall be Bankers Trust Company, Barclays Bank PLC, National Westminster Bank PLC and The Bank of Tokyo-Mitsubishi, Ltd. If any Reference Bank designated by the Trustee should be removed from the Reuters Screen LIBO Page or in any other way fails to meet the qualifications of a Reference Bank, the Trustee may, in its sole discretion, designate an alternative Reference Bank. On each Rate Adjustment Date, LIBOR will be established by the Trustee as follows: (i) if on any Rate Adjustment Date two or more of the Reference Banks provide such offered rate quotations, LIBOR will be the arithmetic mean of such offered rate quotations (rounding such arithmetic mean upwards if necessary to the nearest whole multiple of 1/16%); (ii) if on any Rate Adjustment Date only one or none of the Reference Banks provides such offered rate quotations, LIBOR will be whichever is the higher of (1) LIBOR as determined on the previous Rate Adjustment Date and (2) a rate per annum (the "Reserve Interest Rate") determined by the Trustee to be either (A) the arithmetic mean (rounding such arithmetic mean upwards if necessary to the nearest whole multiple of 1/16%) of the one- month Eurodollar lending rates that the New York City banks selected by the Trustee are quoting, on the relevant Rate Adjustment Date, to the principal London offices of leading banks in the London interbank market or (B) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month Eurodollar lending rate that the New York City banks selected by the Trustee are quoting on such Rate Adjustment Date to leading European banks; and 52 (iii) if on any Rate Adjustment Date the Trustee is required but is unable to determine the Reserve Interest Rate in the manner provided in the immediately preceding clause (ii), LIBOR will be LIBOR as determined on the previous Rate Adjustment Date, or, in the case of the first Rate Adjustment Date, 5.4375%. The establishment of LIBOR by the Trustee on any Rate Adjustment Date and the Trustee's subsequent calculation of the Pass-Through Rates applicable to the Class A-13 Certificates and Class A-14 Certificates for the relevant Interest Accrual Period, in the absence of manifest error, will be final and binding. Promptly following each Rate Adjustment Date the Trustee shall supply the Master Servicer with the results of its determination of LIBOR on such date. Furthermore, the Trustee will supply to any Certificateholder so requesting by telephone the Pass-Through Rates on the Class A-13 Certificates and Class A-14 Certificates for the current and the immediately preceding Interest Accrual Periods. 53 ARTICLE II CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES Section 2.01. Conveyance of Mortgage Loans. ---------------------------- (a) The Company, concurrently with the execution and delivery hereof, does hereby assign to the Trustee without recourse all the right, title and interest of the Company in and to the Mortgage Loans, including all interest and principal received on or with respect to the Mortgage Loans after the Cut-off Date (other than payments of principal and interest due on the Mortgage Loans on or before the Cut-off Date). In connection with such transfer and assignment, the Company does hereby deliver to the Trustee the FSA Policy. (b) In connection with such assignment, except as set forth in Section 2.01(c) below, the Company does hereby deliver to, and deposit with, the Trustee, or to and with one or more Custodians, as the duly appointed agent or agents of the Trustee for such purpose, the following documents or instruments (or copies thereof as permitted by this Section) (I) with respect to each Mortgage Loan so assigned (other than a Cooperative Loan): (i) The original Mortgage Note, endorsed without recourse to the order of the Trustee and showing an unbroken chain of endorsements from the originator thereof to the Person endorsing it to the Trustee, or with respect to any Destroyed Mortgage Note, an original lost note affidavit from the related Seller or Residential Funding stating that the original Mortgage Note was lost, misplaced or destroyed, together with a copy of the related Mortgage Note; (ii) The original Mortgage with evidence of recording indicated thereon or a copy of the Mortgage certified by the public recording office in which such Mortgage has been recorded; (iii) An original Assignment of the Mortgage to the Trustee with evidence of recording indicated thereon or a copy of such assignment certified by the public recording office in which such assignment has been recorded; (iv) The original recorded assignment or assignments of the Mortgage showing an unbroken chain of title from the originator thereof to the Person assigning it to the Trustee or a copy of such assignment or assignments of the Mortgage certified by the public recording office in which such assignment or assignments have been recorded; and 54 (v) The original of each modification, assumption agreement or preferred loan agreement, if any, relating to such Mortgage Loan or a copy of each modification, assumption agreement or preferred loan agreement certified by the public recording office in which such document has been recorded. and (II) with respect to each Cooperative Loan so assigned: (i) The original Mortgage Note, endorsed without recourse to the order of the Trustee and showing an unbroken chain of endorsements from the originator thereof to the Person endorsing it to the Trustee, or with respect to any Destroyed Mortgage Note, an original lost note affidavit from the related Seller or Residential Funding stating that the original Mortgage Note was lost, misplaced or destroyed, together with a copy of the related Mortgage Note; (ii) A counterpart of the Cooperative Lease and the Assignment of Proprietary Lease to the originator of the Cooperative Loan with intervening assignments showing an unbroken chain of title from such originator to the Trustee; (iii) The related Cooperative Stock Certificate, representing the related Cooperative Stock pledged with respect to such Cooperative Loan, together with an undated stock power (or other similar instrument) executed in blank; (iv) The original recognition agreement by the Cooperative of the interests of the mortgagee with respect to the related Cooperative Loan; (v) The Security Agreement; (vi) Copies of the original UCC-1 financing statement, and any continuation statements, filed by the originator of such Cooperative Loan as secured party, each with evidence of recording thereof, evidencing the interest of the originator under the Security Agreement and the Assignment of Proprietary Lease; (vii) Copies of the filed UCC-3 assignments of the security interest referenced in clause (vi) above showing an unbroken chain of title from the originator to the Trustee, each with evidence of recording thereof, evidencing the interest of the originator under the Security Agreement and the Assignment of Proprietary Lease; 55 (viii) An executed assignment of the interest of the originator in the Security Agreement, Assignment of Proprietary Lease and the recognition agreement referenced in clause (iv) above, showing an unbroken chain of title from the originator to the Trustee; (ix) The original of each modification, assumption agreement or preferred loan agreement, if any, relating to such Cooperative Loan; and (x) An executed UCC-1 financing statement showing the Master Servicer as debtor, the Company as secured party and the Trustee as assignee and an executed UCC-1 financing statement showing the Company as debtor and the Trustee as secured party, each in a form sufficient for filing, evidencing the interest of such debtors in the Cooperative Loans. (c) The Company may, in lieu of delivering the documents set forth in Section 2.01(b)(I)(iv) and (v) and Section (b)(II)(ii), (iv), (vii), (ix) and (x) to the Trustee or the Custodian or Custodians, deliver such documents to the Master Servicer, and the Master Servicer shall hold such documents in trust for the use and benefit of all present and future Certificateholders and the Owner of Excess Spread until such time as is set forth below. Within ten Business Days following the earlier of (i) the receipt of the original of each of the documents or instruments set forth in Section 2.01(b)(I)(iv) and (v) and Section (b)(II)(ii), (iv), (vii), (ix) and (x) (or copies thereof as permitted by such Section) for any Mortgage Loan and (ii) a written request by the Trustee to deliver those documents with respect to any or all of the Mortgage Loans then being held by the Master Servicer, the Master Servicer shall deliver a complete set of such documents to the Trustee or the Custodian or Custodians that are the duly appointed agent or agents of the Trustee. On the Closing Date, the Master Servicer shall certify that it has in its possession an original or copy of each of the documents referred to in Section 2.01(b)(I)(iv) and (v) and Section (b)(II)(ii), (iv), (vii), (ix) and (x) which has been delivered to it by the Company. Every six months after the Closing Date, for so long as the Master Servicer is holding documents pursuant to this Section 2.01(c), the Master Servicer shall deliver to (i) Moody's if it is one of the Rating Agencies, (ii) the Trustee and (iii) each Custodian a report setting forth the status of the documents which it is holding. 56 (d) In the event that in connection with any Mortgage Loan the Company cannot deliver the Mortgage, any assignment, modification, assumption agreement or preferred loan agreement (or copy thereof certified by the public recording office) with evidence of recording thereon concurrently with the execution and delivery of this Agreement solely because of a delay caused by the public recording office where such Mortgage, assignment, modification, assumption agreement or preferred loan agreement as the case may be, has been delivered for recordation, the Company shall deliver or cause to be delivered to the Trustee or the respective Custodian a true and correct photocopy of such Mortgage, assignment, modification, assumption agreement or preferred loan agreement. The Company shall promptly cause to be recorded in the appropriate public office for real property records the Assignment referred to in clause (I)(iii) of Section 2.01(b), except in states where, in the opinion of counsel acceptable to the Trustee and the Master Servicer, such recording is not required to protect the Trustee's interests in the Mortgage Loan against the claim of any subsequent transferee or any successor to or creditor of the Company or the originator of such Mortgage Loan and shall promptly cause to be filed the Form UCC-3 assignment and UCC-1 financing statement referred to in clause (II)(vii) and (x), respectively, of Section 2.01(b). If any Assignment, Form UCC-3 or Form UCC-1, as applicable, is lost or returned unrecorded to the Company because of any defect therein, the Company shall prepare a substitute Assignment, Form UCC-3 or Form UCC-1, as applicable, or cure such defect, as the case may be, and cause such Assignment to be recorded in accordance with this paragraph. The Company shall promptly deliver or cause to be delivered to the Trustee or the respective Custodian such Mortgage or assignment or Form UCC-3 or Form UCC-1, as applicable, (or copy thereof certified by the public recording office) with evidence of recording indicated thereon upon receipt thereof from the public recording office or from the related Subservicer. In connection with its servicing of Cooperative Loans, the Master Servicer will use its best efforts to file timely continuation statements with regard to each financing statement and assignment relating to Cooperative Loans as to which the related Cooperative Apartment is located outside of the State of New York. Any of the items set forth in Sections 2.01(b)(I)(iv) and (v) and (II)(vi) and (vii) and that may be delivered as a copy rather than the original may be delivered in microfiche form. 57 (e) It is intended that the conveyances by the Company to the Trustee of the Mortgage Loans as provided for in this Section 2.01 and the Uncertificated REMIC I Regular Interests as provided for in Section 2.06 be construed as a sale by the Company to the Trustee of the Mortgage Loans and the Uncertificated REMIC I Regular Interests for the benefit of the Certificateholders and the Owner of the Excess Spread. Further, it is not intended that any such conveyance be deemed to be a pledge of the Mortgage Loans and the Uncertificated REMIC I Regular Interests by the Company to the Trustee to secure a debt or other obligation of the Company. However, in the event that the Mortgage Loans and the Uncertificated REMIC I Regular Interests are held to be property of the Company or of Residential Funding, or if for any reason this Agreement is held or deemed to create a security interest in the Mortgage Loans and the Uncertificated REMIC I Regular Interests, then it is intended that (a) this Agreement shall also be deemed to be a security agreement within the meaning of Articles 8 and 9 of the New York Uniform Commercial Code and the Uniform Commercial Code of any other applicable jurisdiction; (b) the conveyance provided for in Sections 2.01 and 2.06 shall be deemed to be (1) a grant by the Company to the Trustee of a security interest in all of the Company's right (including the power to convey title thereto), title and interest, whether now owned or hereafter acquired, in and to (A) the Mortgage Loans, including (i) with respect to each Cooperative Loan, the related Mortgage Note, Security Agreement, Assignment of Proprietary Lease, Cooperative Stock Certificate, Cooperative Lease, any insurance policies and all other documents in the related Mortgage File and (ii) with respect to each Mortgage Loan other than a Cooperative Loan, the related Mortgage Note, the Mortgage, any insurance policies and all other documents in the related Mortgage File, (B) all amounts payable pursuant to the Mortgage Loans in accordance with the terms thereof, (C) the Uncertificated REMIC I Regular Interests and (D) any and all general intangibles consisting of, arising from or relating to any of the foregoing, and all proceeds of the conversion, voluntary or involuntary, of the foregoing into cash, instruments, securities or other property, including without limitation all amounts from time to time held or invested in the Certificate Account or the Custodial Account, whether in the form of cash, instruments, securities or other property and (2) an assignment by the Company to the Trustee of any security interest in any and all of Residential Funding's right (including the power to convey title thereto), title and interest, whether now owned or hereafter acquired, in and to the property described in the foregoing clauses (1)(A), (B), (C) and (D) granted by Residential Funding to the Company pursuant to the Assignment Agreement; (c) the possession by the Trustee, the Custodian or any other agent of the Trustee of Mortgage Notes or such other items of property as constitute instruments, money, negotiable documents or chattel paper shall be deemed to be "possession by 58 the secured party," or possession by a purchaser or a person designated by such secured party, for purposes of perfecting the security interest pursuant to the Minnesota Uniform Commercial Code and the Commercial Code of any other applicable jurisdiction (including, without limitation, Section 9-305, 8-313 or 8-321 thereof); and (d) notifications to persons holding such property, and acknowledgments, receipts or confirmations from persons holding such property, shall be deemed notifications to, or acknowledgments, receipts or confirmations from, financial intermediaries, bailees or agents (as applicable) of the Trustee for the purpose of perfecting such security interest under applicable law. The Company and, at the Company's direction, Residential Funding and the Trustee shall, to the extent consistent with this Agreement, take such reasonable actions as may be necessary to ensure that, if this Agreement were deemed to create a security interest in the Mortgage Loans, the Uncertificated REMIC I Regular Interests and the other property described above, such security interest would be deemed to be a perfected security interest of first priority under applicable law and will be maintained as such throughout the term of this Agreement. Without limiting the generality of the foregoing, the Company shall prepare and deliver to the Trustee not less than 15 days prior to any filing date and, the Trustee shall forward for filing, or shall cause to be forwarded for filing, at the expense of the Company, all filings necessary to maintain the effectiveness of any original filings necessary under the Uniform Commercial Code as in effect in any jurisdiction to perfect the Trustee's security interest in or lien on the Mortgage Loans and the Uncertificated REMIC I Regular Interests, as evidenced by an Officer's Certificate of the Company, including without limitation (x) continuation statements, and (y) such other statements as may be occasioned by (1) any change of name of Residential Funding, the Company or the Trustee (such preparation and filing shall be at the expense of the Trustee, if occasioned by a change in the Trustee's name), (2) any change of location of the place of business or the chief executive office of Residential Funding or the Company, (3) any transfer of any interest of Residential Funding or the Company in any Mortgage Loan or (4) any transfer of any interest of Residential Funding or the Company in any Uncertificated REMIC I Regular Interest. 59 (f) The Master Servicer hereby acknowledges the receipt by it of cash in an amount equal to $83,917.00 (the "Initial Monthly Payment Fund"), representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in June 1996, for those Mortgage Loans for which the Trustee will not be entitled to receive such payment. The Master Servicer shall hold such Initial Monthly Payment Fund in the Custodial Account and shall include such Initial Monthly Payment Fund in the Available Distribution Amount for the Distribution Date in June 1996. Notwithstanding anything herein to the contrary, the Initial Monthly Payment Fund shall not be an asset of REMIC I or REMIC II. To the extent that the Initial Monthly Payment Fund constitutes a reserve fund for federal income tax purposes, (1) it shall be an outside reserve fund and not an asset of the REMIC, (2) it shall be owned by the Seller and (3) amounts transferred by the REMIC to the Initial Monthly Payment Fund shall be treated as transferred to the Seller or any successor, all within the meaning of Section 1.860G-2(h) of the Treasury Regulations. Section 2.02. Acceptance by Trustee. --------------------- 60 The Trustee acknowledges receipt (or, with respect to Mortgage Loans subject to a Custodial Agreement, and based solely upon a receipt or certification executed by the Custodian, receipt by the respective Custodian as the duly appointed agent of the Trustee) of the documents referred to in Section 2.01(b)(i) through (iii) above (except that for purposes of such acknowledgement only, a Mortgage Note may be endorsed in blank and an Assignment of Mortgage may be in blank) and declares that it, or a Custodian as its agent, holds and will hold such documents and the other documents constituting a part of the Mortgage Files delivered to it, or a Custodian as its agent, in trust for the use and benefit of all present and future Certificateholders and the Owner of the Excess Spread. The Trustee or Custodian (such Custodian being so obligated under a Custodial Agreement) agrees, for the benefit of Certificateholders and the Owner of the Excess Spread, to review each Mortgage File delivered to it pursuant to Section 2.01(b) within 45 days after the Closing Date to ascertain that all required documents (specifically as set forth in Section 2.01(b)), have been executed and received, and that such documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule, as supplemented, that have been conveyed to it. Upon delivery of the Mortgage Files by the Company or the Master Servicer, the Trustee shall acknowledge receipt (or, with respect to Mortgage Loans subject to a Custodial Agreement, and based solely upon a receipt or certification executed by the Custodian, receipt by the respective Custodian as the duly appointed agent of the Trustee) of the documents referred to in Section 2.01(c) above. The Trustee or Custodian (such Custodian being so obligated under a Custodial Agreement) agrees to review each Mortgage File delivered to it pursuant to Section 2.01(c) within 45 days after receipt thereof to ascertain that all documents required to be delivered pursuant to such Section have been received, and that such documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule, as supplemented, that have been conveyed to it. 61 If the Custodian, as the Trustee's agent, finds any document or documents constituting a part of a Mortgage File to be missing or defective in any material respect, the Trustee shall promptly so notify the Master Servicer and the Company. Pursuant to Section 2.3 of the Custodial Agreement, the Custodian will notify the Master Servicer, the Company and the Trustee of any such omission or defect found by it in respect of any Mortgage File held by it. The Master Servicer shall promptly notify the related Subservicer or Seller of such omission or defect and request that such Subservicer or Seller correct or cure such omission or defect within 60 days from the date the Master Servicer was notified of such omission or defect and, if such Subservicer or Seller does not correct or cure such omission or defect within such period, that such Subservicer or Seller purchase such Mortgage Loan from REMIC I at its Purchase Price, in either case within 90 days from the date the Master Servicer was notified of such omission or defect; provided that if the omission or defect would cause the Mortgage Loan to be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within 90 days from the date such breach was discovered. The Purchase Price for any such Mortgage Loan, whether purchased by the Seller or the Subservicer, shall be deposited or caused to be deposited by the Master Servicer in the Custodial Account maintained by it pursuant to Section 3.07 and, upon receipt by the Trustee of written notification of such deposit signed by a Servicing Officer, the Trustee or any Custodian, as the case may be, shall release to the Master Servicer the related Mortgage File and the Trustee shall execute and deliver such instruments of transfer or assignment prepared by the Master Servicer, in each case without recourse, as shall be necessary to vest in the Seller or its designee or the Subservicer or its designee, as the case may be, any Mortgage Loan released pursuant hereto and thereafter such Mortgage Loan shall not be part of the Trust Fund. It is understood and agreed that the obligation of the Seller or the Subservicer, as the case may be, to so cure or purchase any Mortgage Loan as to which a material defect in or omission of a constituent document exists shall constitute the sole remedy respecting such defect or omission available to Certificateholders and the Owner of the Excess Spread or the Trustee on behalf of the Certificateholders or such Owner. Section 2.03. Representations, Warranties and Covenants of the Master Servicer and the Company -----------------------------------------. (a) The Master Servicer hereby represents and warrants to the Trustee for the benefit of the Certificateholders and the Owner of the Excess Spread that: 62 (i) The Master Servicer is a corporation duly organized, validly existing and in good standing under the laws governing its creation and existence and is or will be in compliance with the laws of each state in which any Mortgaged Property is located to the extent necessary to ensure the enforceability of each Mortgage Loan in accordance with the terms of this Agreement; (ii) The execution and delivery of this Agreement by the Master Servicer and its performance and compliance with the terms of this Agreement will not violate the Master Servicer's Certificate of Incorporation or Bylaws or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a material default) under, or result in the material breach of, any material contract, agreement or other instrument to which the Master Servicer is a party or which may be applicable to the Master Servicer or any of its assets; (iii) This Agreement, assuming due authorization, execution and delivery by the Trustee and the Company, constitutes a valid, legal and binding obligation of the Master Servicer, enforceable against it in accordance with the terms hereof subject to applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the enforcement of creditors' rights generally and to general principles of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law; (iv) The Master Servicer is not in default with respect to any order or decree of any court or any order, regulation or demand of any Federal, state, municipal or governmental agency, which default might have consequences that would materially and adversely affect the condition (financial or other) or operations of the Master Servicer or its properties or might have consequences that would materially adversely affect its performance hereunder; (v) No litigation is pending or, to the best of the Master Servicer's knowledge, threatened against the Master Servicer which would prohibit its entering into this Agreement or performing its obligations under this Agreement; (vi) The Master Servicer will comply in all material respects in the performance of this Agreement with all reasonable rules and requirements of each insurer under each Required Insurance Policy; 63 (vii) No information, certificate of an officer, statement furnished in writing or report delivered to the Company, any Affiliate of the Company or the Trustee by the Master Servicer will, to the knowledge of the Master Servicer, contain any untrue statement of a material fact or omit a material fact necessary to make the information, certificate, statement or report not misleading; and (viii) The Master Servicer has examined each existing, and will examine each new, Subservicing Agreement and is or will be familiar with the terms thereof. The terms of each existing Subservicing Agreement and each designated Subservicer are acceptable to the Master Servicer and any new Subservicing Agreements will comply with the provisions of Section 3.02. It is understood and agreed that the representations and warranties set forth in this Section 2.03(a) shall survive delivery of the respective Mortgage Files to the Trustee or any Custodian. Upon discovery by either the Company, the Master Servicer, the Trustee or any Custodian of a breach of any representation or warranty set forth in this Section 2.03(a) which materially and adversely affects the interests of the Certificateholders and the Owner of the Excess Spread in any Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties (any Custodian being so obligated under a Custodial Agreement). Within 90 days of its discovery or its receipt of notice of such breach, the Master Servicer shall either (i) cure such breach in all material respects or (ii) to the extent that such breach is with respect to a Mortgage Loan or a related document, purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the manner set forth in Section 2.02; provided that if the omission or defect would cause the Mortgage Loan to be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such cure must occur within 90 days from the date such breach was discovered. The obligation of the Master Servicer to cure such breach or to so purchase such Mortgage Loan shall constitute the sole remedy in respect of a breach of a representation and warranty set forth in this Section 2.03(a) available to the Certificateholders and the Owner of the Excess Spread or the Trustee on behalf of the Certificateholders and such Owner. (b) The Company hereby represents and warrants to the Trustee for the benefit of Certificateholders and the Owner of the Excess Spread that as of the Closing Date (or, if otherwise specified below, as of the date so specified): 64 (i) No Mortgage Loan is one month or more delinquent in payment of principal and interest as of the Cut-off Date and no Mortgage Loan has been so delinquent more than once in the 12-month period prior to the Cut-off Date; (ii) The information set forth in Exhibit F hereto with respect to each Mortgage Loan or the Mortgage Loans, as the case may be, is true and correct in all material respects at the date or dates respecting which such information is furnished; (iii) The Mortgage Loans are fully-amortizing, fixed-rate mortgage loans with level Monthly Payments due on the first day of each month and terms to maturity at origination or modification of not more than 30 years; (iv) To the best of the Company's knowledge, if a Mortgage Loan is secured by a Mortgaged Property with a Loan-to-Value Ratio at origination in excess of 80%, such Mortgage Loan is the subject of a Primary Insurance Policy that insures (a) at least 22% of the principal balance of the Mortgage Loan at origination if the Loan-to-Value Ratio is between 95.00% and 90.01% and (b) at least 12% of such balance if the Loan-to-Value Ratio is between 90.00% and 80.01%. To the best of the Company's knowledge, each such Primary Insurance Policy is in full force and effect and the Trustee is entitled to the benefits thereunder; (v) The issuers of the Primary Insurance Policies are insurance companies whose claims-paying abilities are currently acceptable to each Rating Agency; (vi) No more than 0.2% of the Mortgage Loans by aggregate Stated Principal Balance as of the Cut-off Date are secured by Mortgaged Properties located in any one zip code area in California and no more than 1.8% of the Mortgage Loans by aggregate Stated Principal Balance as of the Cut-off Date are secured by Mortgaged Properties located in any one zip code area outside California. Sixty-seven of the Mortgage Loans, representing approximately 2.8% of the Mortgage Loans by aggregate Stated Principal Balance as of the Cut-off Date, are Cooperative Loans; (vii) If the improvements securing a Mortgage Loan are in a federally designated special flood hazard area, flood insurance in the amount required under the Program Guide covers the related Mortgaged Property (either by coverage under the federal flood insurance program or by coverage by private insurers); 65 (viii) Immediately prior to the assignment of the Mortgage Loans to the Trustee, the Company had good title to, and was the sole owner of, each Mortgage Loan free and clear of any pledge, lien, encumbrance or security interest (other than rights to servicing and related compensation) and such assignment validly transfers ownership of the Mortgage Loans to the Trustee free and clear of any pledge, lien, encumbrance or security interest; (ix) None of the Mortgage Loans were underwritten under a reduced loan documentation program; (x) Each Mortgagor represented in its loan application with respect to the related Mortgage Loan that the Mortgaged Property would be owner- occupied and therefore would not be an investor property as of the date of origination of such Mortgage Loan. No Mortgagor is a corporation or a partnership; (xi) None of the Mortgage Loans were Buydown Mortgage Loans; (xii) Each Mortgage Loan constitutes a qualified mortgage under Section 860G(a)(3)(A) of the Code and Treasury Regulations Section 1.860G- 2(a)(1); (xiii) A policy of title insurance was effective as of the closing of each Mortgage Loan and is valid and binding and remains in full force and effect; (xiv) With respect to a Mortgage Loan that is a Cooperative Loan, the Cooperative Stock that is pledged as security for the Mortgage Loan is held by a person as a tenant-stockholder (as defined in Section 216 of the Code) in a cooperative housing corporation (as defined in Section 216 of the Code); (xv) With respect to each Mortgage Loan originated under a "streamlined" Mortgage Loan program (through which no new or updated appraisals of Mortgaged Properties are obtained in connection with the refinancing thereof), the related Seller has represented that either (a) the value of the related Mortgaged Property as of the date the Mortgage Loan was originated was not less than the appraised value of such property at the time of origination of the refinanced Mortgage Loan or (b) the Loan- to-Value Ratio of the Mortgage Loan as of the date of origination of the Mortgage Loan generally meets the Company's underwriting guidelines; 66 (xvi) Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months; and (xvii) Forty-two of the Mortgage Loans contain in the related Mortgage File a Destroyed Mortgage Note. It is understood and agreed that the representations and warranties set forth in this Section 2.03(b) shall survive delivery of the respective Mortgage Files to the Trustee or any Custodian. Upon discovery by any of the Company, the Master Servicer, the Trustee or any Custodian of a breach of any of the representations and warranties set forth in this Section 2.03(b) which materially and adversely affects the interests of the Certificateholders and the Owner of the Excess Spread in any Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties (any Custodian being so obligated under a Custodial Agreement); provided, however, that in the event of a breach of the representation and - -------- ------- warranty set forth in Section 2.03(b)(xii), the party discovering such breach shall give such notice within five days of discovery. Within 90 days of its discovery or its receipt of notice of breach, the Company shall either (i) cure such breach in all material respects or (ii) purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the manner set forth in Section 2.02; provided that the Company shall have the option to substitute a Qualified Substitute Mortgage Loan or Loans for such Mortgage Loan if such substitution occurs within two years following the Closing Date; provided that if the omission or defect would cause the Mortgage Loan to be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within 90 days from the date such breach was discovered. Any such substitution shall be effected by the Company under the same terms and conditions as provided in Section 2.04 for substitutions by Residential Funding. It is understood and agreed that the obligation of the Company to cure such breach or to so purchase or substitute for any Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to the Certificateholders and the Owner of the Excess Spread or the Trustee on behalf of the Certificateholders and such Owner. Notwithstanding the foregoing, the Company shall not be required to cure breaches or purchase or substitute for Mortgage Loans as provided in this Section 2.03(b) if the substance of the breach of a representation set forth above also constitutes fraud in the origination of the Mortgage Loan. Section 2.04. Representations and Warranties of Sellers. ----------------------------------------- 67 The Company, as assignee of Residential Funding under the Assignment Agreement, hereby assigns to the Trustee for the benefit of Certificateholders and the Owner of the Excess Spread all of its right, title and interest in respect of the Assignment Agreement and each Seller's Agreement applicable to a Mortgage Loan. Insofar as the Assignment Agreement or such Seller's Agreement relates to the representations and warranties made by Residential Funding or the related Seller in respect of such Mortgage Loan and any remedies provided thereunder for any breach of such representations and warranties, such right, title and interest may be enforced by the Master Servicer on behalf of the Trustee and the Certificateholders and the Owner of the Excess Spread. Upon the discovery by the Company, the Master Servicer, the Trustee or any Custodian of a breach of any of the representations and warranties made in a Seller's Agreement or the Assignment Agreement (which, for purposes hereof, will be deemed to include any other cause giving rise to a repurchase obligation under the Assignment Agreement) in respect of any Mortgage Loan which materially and adversely affects the interests of the Certificateholders and the Owner of the Excess Spread in such Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties (any Custodian being so obligated under a Custodial Agreement). The Master Servicer shall promptly notify the related Seller or Residential Funding, as the case may be, of such breach and request that such Seller or Residential Funding, as the case may be, either (i) cure such breach in all material respects within 90 days from the date the Master Servicer was notified of such breach or (ii) purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the manner set forth in Section 2.02; provided that in the case of a breach under the Assignment Agreement Residential Funding shall have the option to substitute a Qualified Substitute Mortgage Loan or Loans for such Mortgage Loan if such substitution occurs within two years following the Closing Date, except that if the breach would cause the Mortgage Loan to be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such substitution must occur within 90 days from the date the breach was discovered. In the event that Residential Funding elects to substitute a Qualified Substitute Mortgage Loan or Loans for a Deleted Mortgage Loan pursuant to this Section 2.04, Residential Funding shall deliver to the Trustee for the benefit of the Certificateholders and the Owner of the Excess Spread with respect to such Qualified Substitute Mortgage Loan or Loans, the original Mortgage Note, the Mortgage, an Assignment of the Mortgage in recordable form, and such other documents and agreements as are required by Section 2.01, with the Mortgage Note endorsed as required by Section 2.01. No substitution will be made in any calendar month after the Determination Date for such month. Monthly Payments due with respect to Qualified Substitute Mortgage Loans in the month of substitution shall not be part of the Trust Fund and 68 will be retained by the Master Servicer and remitted by the Master Servicer to Residential Funding on the next succeeding Distribution Date. For the month of substitution, distributions to the Certificateholders and the Owner of the Excess Spread will include the Monthly Payment due on a Deleted Mortgage Loan for such month and thereafter Residential Funding shall be entitled to retain all amounts received in respect of such Deleted Mortgage Loan. The Master Servicer shall amend or cause to be amended the Mortgage Loan Schedule, for the benefit of the Certificateholders and the Owner of the Excess Spread to reflect the removal of such Deleted Mortgage Loan and the substitution of the Qualified Substitute Mortgage Loan or Loans and the Master Servicer shall deliver the amended Mortgage Loan Schedule to the Trustee. Upon such substitution, the Qualified Substitute Mortgage Loan or Loans shall be subject to the terms of this Agreement and the related Subservicing Agreement in all respects, the related Seller shall be deemed to have made the representations and warranties with respect to the Qualified Substitute Mortgage Loan contained in the related Seller's Agreement as of the date of substitution, and the Company and the Master Servicer shall be deemed to have made with respect to any Qualified Substitute Mortgage Loan or Loans, as of the date of substitution, the covenants, representations and warranties set forth in this Section 2.04, in Section 2.03 hereof and in Section 4 of the Assignment Agreement, and the Master Servicer shall be obligated to repurchase or substitute for any Qualified Substitute Mortgage Loan as to which a Repurchase Event (as defined in the Assignment Agreement) has occurred pursuant to Section 4 of the Assignment Agreement. 69 In connection with the substitution of one or more Qualified Substitute Mortgage Loans for one or more Deleted Mortgage Loans, the Master Servicer will determine the amount (if any) by which the aggregate principal balance of all such Qualified Substitute Mortgage Loans as of the date of substitution is less than the aggregate Stated Principal Balance of all such Deleted Mortgage Loans (in each case after application of the principal portion of the Monthly Payments due in the month of substitution that are to be distributed to the Certificateholders in the month of substitution). Residential Funding shall deposit the amount of such shortfall into the Custodial Account on the day of substitution, without any reimbursement therefor. Residential Funding shall give notice in writing to the Trustee of such event, which notice shall be accompanied by an Officers' Certificate as to the calculation of such shortfall and (subject to Section 10.01(f)) by an Opinion of Counsel to the effect that such substitution will not cause (a) any federal tax to be imposed on the Trust Fund, including without limitation, any federal tax imposed on "prohibited transactions" under Section 860F(a)(1) of the Code or on "contributions after the startup date" under Section 860G(d)(1) of the Code or (b) any portion of the Trust Fund to fail to qualify as a REMIC at any time that any Certificate is outstanding. It is understood and agreed that the obligation of the Seller or Residential Funding, as the case may be, to cure such breach or purchase (or in the case of Residential Funding to substitute for) such Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to the Certificateholders and the Owner of the Excess Spread or the Trustee on behalf of Certificateholders and such Owner. If the Master Servicer is Residential Funding, then the Trustee shall also have the right to give the notification and require the purchase or substitution provided for in the second preceding paragraph in the event of such a breach of a representation or warranty made by Residential Funding in the Assignment Agreement. In connection with the purchase of or substitution for any such Mortgage Loan by Residential Funding, the Trustee shall assign to Residential Funding all of the right, title and interest in respect of the Seller's Agreement and the Assignment Agreement applicable to such Mortgage Loan. Section 2.05. Issuance of Certificates Evidencing Interests in REMIC I Certificates. --------------------------------------------- 70 The Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery of the Mortgage Files to it, or any Custodian on its behalf, subject to any exceptions noted, together with the assignment to it of all other assets included in REMIC I, receipt of which is hereby acknowledged. Concurrently with such delivery and in exchange therefor, the Trustee, pursuant to the written request of the Company executed by an officer of the Company has executed and caused to be authenticated and delivered to or upon the order of the Company the Class R-I Certificates in authorized denominations which together with the Uncertificated REMIC I Regular Interests, evidence ownership of REMIC I. The rights of the Class R-I Certificateholders and REMIC II to receive distributions from the proceeds of REMIC I in respect of the Class R-I Certificates and the Uncertificated REMIC I Regular Interests, and all ownership interests of the Class R-I Certificateholders and REMIC II in such distributions, shall be as set forth in this Agreement. Section 2.06. Conveyance of Uncertificated REMIC I and REMIC II Regular Interests; Acceptance by the Trustee. ---------------------------------------------- 71 The Company, as of the Closing Date, and concurrently with the execution and delivery hereof, does hereby assign without recourse all the right, title and interest of the Company in and to the Uncertificated REMIC I Regular Interests to the Trustee for the benefit of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A- 17, Class A-18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificateholders and the Owner of the Excess Spread. The Trustee acknowledges receipt of the Uncertificated REMIC I Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A- 18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificateholders and the Owner of the Excess Spread. The rights of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A- 14, Class A-15, Class A-16, Class A-17, Class A-18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificateholders and the Owner of the Excess Spread to receive distributions from the proceeds of REMIC II in respect of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class M- 1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates and the Excess Spread, and all ownership interests of the Class A- 1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A- 15, Class A-16, Class A-17, Class A-18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificateholders and the Owner of the Excess Spread in such distributions, shall be as set forth in this Agreement. Section 2.07. Issuance of Certificates Evidencing Interest in REMIC II. -------------------------------------------- 72 The Trustee acknowledges the assignment to it of the Uncertificated REMIC I Regular Interests and, concurrently therewith and in exchange therefor, pursuant to the written request of the Company executed by an officer of the Company, the Trustee has executed and caused to be authenticated and delivered to or upon the order of the Company, the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class M- 1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates in authorized denominations which, together with the ownership interest in the Excess Spread, evidence ownership of the entire REMIC II. 73 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS Section 3.01. Master Servicer to Act as Servicer. ---------------------------------- 74 (a) The Master Servicer shall service and administer the Mortgage Loans in accordance with the terms of this Agreement and the respective Mortgage Loans and shall have full power and authority, acting alone or through Subservicers as provided in Section 3.02, to do any and all things which it may deem necessary or desirable in connection with such servicing and administration. Without limiting the generality of the foregoing, the Master Servicer in its own name or in the name of a Subservicer is hereby authorized and empowered by the Trustee when the Master Servicer or the Subservicer, as the case may be, believes it appropriate in its best judgment, to execute and deliver, on behalf of the Certificateholders, the Owner of the Excess Spread and the Trustee or any of them, any and all instruments of satisfaction or cancellation, or of partial or full release or discharge, or of consent to assumption or modification in connection with a proposed conveyance, or of assignment of any Mortgage and Mortgage Note in connection with the repurchase of a Mortgage Loan and all other comparable instruments, or with respect to the modification or re-recording of a Mortgage for the purpose of correcting the Mortgage, the subordination of the lien of the Mortgage in favor of a public utility company or government agency or unit with powers of eminent domain, the taking of a deed in lieu of foreclosure, the completion of judicial or non-judicial foreclosure, the conveyance of a Mortgaged Property to an Insurer, the acquisition of any property acquired by foreclosure or deed in lieu of foreclosure, or the management, marketing and conveyance of any property acquired by foreclosure or deed in lieu of foreclosure with respect to the Mortgage Loans and with respect to the Mortgaged Properties. Notwithstanding the foregoing, subject to Section 3.07(a), the Master Servicer shall not permit any modification with respect to any Mortgage Loan that would both constitute a sale or exchange of such Mortgage Loan within the meaning of Section 1001 of the Code and any proposed, temporary or final regulations promulgated thereunder (other than in connection with a proposed conveyance or assumption of such Mortgage Loan that is treated as a Principal Prepayment in Full pursuant to Section 3.13(d) hereof) and cause REMIC I or REMIC II to fail to qualify as such under the Code. The Trustee shall furnish the Master Servicer with any powers of attorney and other documents necessary or appropriate to enable the Master Servicer to service and administer the Mortgage Loans. The Trustee shall not be liable for any action taken by the Master Servicer or any Subservicer pursuant to such powers of attorney. In servicing and administering any Nonsubserviced Mortgage Loan, the Master Servicer shall, to the extent not inconsistent with this Agreement, comply with the Program Guide as if it were the originator of such Mortgage Loan and had retained the servicing rights and obligations in respect thereof. In connection with servicing and administering the Mortgage Loans, the Master Servicer and any Affiliate of the Master Servicer (i) may perform 75 services such as appraisals and brokerage services that are not customarily provided by servicers of mortgage loans, and shall be entitled to reasonable compensation therefor in accordance with Section 3.10 and (ii) may, at its own discretion and on behalf of the Trustee, obtain credit information in the form of a "credit score" from a credit repository. (b) All costs incurred by the Master Servicer or by Subservicers in effecting the timely payment of taxes and assessments on the properties subject to the Mortgage Loans shall not, for the purpose of calculating monthly distributions to the Certificateholders and the Owner of the Excess Spread, be added to the amount owing under the related Mortgage Loans, notwithstanding that the terms of such Mortgage Loan so permit, and such costs shall be recoverable to the extent permitted by Section 3.10(a)(ii). (c) The Master Servicer may enter into one or more agreements in connection with the offering of pass-through certificates evidencing interests in one or more of the Certificates providing for the payment by the Master Servicer of amounts received by the Master Servicer as servicing compensation hereunder and required to cover certain Prepayment Interest Shortfalls on the Mortgage Loans, which payment obligation will thereafter be an obligation of the Master Servicer hereunder. Section 3.02. Subservicing Agreements Between Master Servicer and Subservicers; Enforcement of Subservicers' and Sellers' Obligations. ----------------------------------------- 76 (a) The Master Servicer may continue in effect Subservicing Agreements entered into by Residential Funding and Subservicers prior to the execution and delivery of this Agreement, and may enter into new Subservicing Agreements with Subservicers, for the servicing and administration of all or some of the Mortgage Loans. Each Subservicer of a Mortgage Loan shall be entitled to receive and retain, as provided in the related Subservicing Agreement and in Section 3.07, the related Subservicing Fee from payments of interest received on such Mortgage Loan after payment of all amounts required to be remitted to the Master Servicer in respect of such Mortgage Loan. For any Mortgage Loan that is a Nonsubserviced Mortgage Loan, the Master Servicer shall be entitled to receive and retain an amount equal to the Subservicing Fee from payments of interest. Unless the context otherwise requires, references in this Agreement to actions taken or to be taken by the Master Servicer in servicing the Mortgage Loans include actions taken or to be taken by a Subservicer on behalf of the Master Servicer. Each Subservicing Agreement will be upon such terms and conditions as are generally required or permitted by the Program Guide and are not inconsistent with this Agreement and as the Master Servicer and the Subservicer have agreed. A representative form of Subservicing Agreement is attached to this Agreement as Exhibit G. With the approval of the Master Servicer, a Subservicer may delegate its servicing obligations to third-party servicers, but such Subservicer will remain obligated under the related Subservicing Agreement. The Master Servicer and a Subservicer may enter into amendments thereto or a different form of Subservicing Agreement, and the form referred to or included in the Program Guide is merely provided for information and shall not be deemed to limit in any respect the discretion of the Master Servicer to modify or enter into different Subservicing Agreements; provided, however, that any such -------- ------- amendments or different forms shall be consistent with and not violate the provisions of either this Agreement or the Program Guide in a manner which would materially and adversely affect the interests of the Certificateholders or the Owner of the Excess Spread. 77 (b) As part of its servicing activities hereunder, the Master Servicer, for the benefit of the Trustee, the Certificateholders and the Owner of the Excess Spread, shall use its best reasonable efforts to enforce the obligations of each Subservicer under the related Subservicing Agreement and of each Seller under the related Seller's Agreement, to the extent that the non-performance of any such obligation would have a material and adverse effect on a Mortgage Loan, including, without limitation, the obligation to purchase a Mortgage Loan on account of defective documentation, as described in Section 2.02, or on account of a breach of a representation or warranty, as described in Section 2.04. Such enforcement, including, without limitation, the legal prosecution of claims, termination of Subservicing Agreements or Seller's Agreements, as appropriate, and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Master Servicer would employ in its good faith business judgment and which are normal and usual in its general mortgage servicing activities. The Master Servicer shall pay the costs of such enforcement at its own expense, and shall be reimbursed therefor only (i) from a general recovery resulting from such enforcement to the extent, if any, that such recovery exceeds all amounts due in respect of the related Mortgage Loan or (ii) from a specific recovery of costs, expenses or attorneys fees against the party against whom such enforcement is directed. Section 3.03. Successor Subservicers. ---------------------- The Master Servicer shall be entitled to terminate any Subservicing Agreement that may exist in accordance with the terms and conditions of such Subservicing Agreement and without any limitation by virtue of this Agreement; provided, however, that in the event of termination of any Subservicing - -------- ------- Agreement by the Master Servicer or the Subservicer, the Master Servicer shall either act as servicer of the related Mortgage Loan or enter into a Subservicing Agreement with a successor Subservicer which will be bound by the terms of the related Subservicing Agreement. If the Master Servicer or any Affiliate of Residential Funding acts as servicer, it will not assume liability for the representations and warranties of the Subservicer which it replaces. If the Master Servicer enters into a Subservicing Agreement with a successor Subservicer, the Master Servicer shall use reasonable efforts to have the successor Subservicer assume liability for the representations and warranties made by the terminated Subservicer in respect of the related Mortgage Loans and, in the event of any such assumption by the successor Subservicer, the Master Servicer may, in the exercise of its business judgment, release the terminated Subservicer from liability for such representations and warranties. Section 3.04. Liability of the Master Servicer. -------------------------------- 78 Notwithstanding any Subservicing Agreement, any of the provisions of this Agreement relating to agreements or arrangements between the Master Servicer or a Subservicer or reference to actions taken through a Subservicer or otherwise, the Master Servicer shall remain obligated and liable to the Trustee, the Certificateholders and the Owner of the Excess Spread for the servicing and administering of the Mortgage Loans in accordance with the provisions of Section 3.01 without diminution of such obligation or liability by virtue of such Subservicing Agreements or arrangements or by virtue of indemnification from the Subservicer or the Company and to the same extent and under the same terms and conditions as if the Master Servicer alone were servicing and administering the Mortgage Loans. The Master Servicer shall be entitled to enter into any agreement with a Subservicer or Seller for indemnification of the Master Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification. Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders or the Owner of the Excess Spread. --------------------------------------------- Any Subservicing Agreement that may be entered into and any other transactions or services relating to the Mortgage Loans involving a Subservicer in its capacity as such and not as an originator shall be deemed to be between the Subservicer and the Master Servicer alone and the Trustee, the Certificateholders and the Owner of the Excess Spread shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Subservicer in its capacity as such except as set forth in Section 3.06. The foregoing provision shall not in any way limit a Subservicer's obligation to cure an omission or defect or to repurchase a Mortgage Loan as referred to in Section 2.02 hereof. Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee. ----------------------------------------- 79 (a) In the event the Master Servicer shall for any reason no longer be the master servicer (including by reason of an Event of Default), the Trustee, its designee or its successor shall thereupon assume all of the rights and obligations of the Master Servicer under each Subservicing Agreement that may have been entered into. The Trustee, its designee or the successor servicer for the Trustee shall be deemed to have assumed all of the Master Servicer's interest therein and to have replaced the Master Servicer as a party to the Subservicing Agreement to the same extent as if the Subservicing Agreement had been assigned to the assuming party except that the Master Servicer shall not thereby be relieved of any liability or obligations under the Subservicing Agreement. (b) The Master Servicer shall, upon request of the Trustee but at the expense of the Master Servicer, deliver to the assuming party all documents and records relating to each Subservicing Agreement and the Mortgage Loans then being serviced and an accounting of amounts collected and held by it and otherwise use its best efforts to effect the orderly and efficient transfer of each Subservicing Agreement to the assuming party. Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account. --------------------------------------------- 80 (a) The Master Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Mortgage Loans, and shall, to the extent such procedures shall be consistent with this Agreement and the terms and provisions of any related Primary Insurance Policy, follow such collection procedures as it would employ in its good faith business judgment and which are normal and usual in its general mortgage servicing activities. Consistent with the foregoing, the Master Servicer may in its discretion (i) waive any late payment charge or any prepayment charge or penalty interest in connection with the prepayment of a Mortgage Loan and (ii) extend the Due Date for payments due on a Mortgage Loan in accordance with the Program Guide; provided, however, that the Master Servicer shall first determine that any such - -------- ------- waiver or extension will not impair the coverage of any related Primary Insurance Policy or materially adversely affect the lien of the related Mortgage. In the event of any such arrangement, the Master Servicer shall make timely advances on the related Mortgage Loan during the scheduled period in accordance with the amortization schedule of such Mortgage Loan without modification thereof by reason of such arrangements unless otherwise agreed to by the Holders of the Classes of Certificates affected thereby; provided, however, that no such extension shall be made if any advance would be a Nonrecoverable Advance. Consistent with the terms of this Agreement, the Master Servicer may also waive, modify or vary any term of any Mortgage Loan or consent to the postponement of strict compliance with any such term or in any manner grant indulgence to any Mortgagor if in the Master Servicer's determination such waiver, modification, postponement or indulgence is not materially adverse to the interests of the Certificateholders or the Owner of the Excess Spread (taking into account any estimated Realized Loss that might be result absent such action); provided, however, that the Master Servicer may not modify materially or permit any Subservicer to modify any Mortgage Loan, including without limitation any modification that would change the Mortgage Rate, forgive the payment of any principal or interest (unless in connection with the liquidation of the related Mortgage Loan or except in connection with prepayments to the extent that such reamortization is not inconsistent with the terms of the Mortgage Loan), or extend the final maturity date of such Mortgage Loan, unless such Mortgage Loan is in default or, in the judgment of the Master Servicer, such default is reasonably foreseeable. In connection with any Curtailment of a Mortgage Loan, the Master Servicer, to the extent not inconsistent with the terms of the Mortgage Note and local law and practice, may permit the Mortgage Loan to be reamortized such that the Monthly Payment is recalculated as an amount that will fully amortize the remaining Stated Principal Balance thereof by the original Maturity Date based on the original Mortgage Rate; provided, that such re-amortization shall 81 not be permitted if it would constitute a reissuance of the Mortgage Loan for federal income tax purposes. (b) The Master Servicer shall establish and maintain a Custodial Account in which the Master Servicer shall deposit or cause to be deposited on a daily basis, except as otherwise specifically provided herein, the following payments and collections remitted by Subservicers or received by it in respect of the Mortgage Loans subsequent to the Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the Cut-off Date): (i) All payments on account of principal, including Principal Prepayments made by Mortgagors on the Mortgage Loans and the principal component of any Subservicer Advance or of any REO Proceeds received in connection with an REO Property for which an REO Disposition has occurred; (ii) All payments on account of interest at the Adjusted Mortgage Rate on the Mortgage Loans, including Buydown Funds, if any, and the interest component of any Subservicer Advance or of any REO Proceeds received in connection with an REO Property for which an REO Disposition has occurred; (iii) Insurance Proceeds and Liquidation Proceeds (net of any related expenses of the Subservicer); (iv) All proceeds of any Mortgage Loans purchased pursuant to Section 2.02, 2.03, 2.04 or 4.07 and all amounts required to be deposited in connection with the substitution of a Qualified Substitute Mortgage Loan pursuant to Section 2.03 or 2.04; (v) Any amounts required to be deposited pursuant to Section 3.07(c) or 3.21; and (vi) All amounts transferred from the Certificate Account to the Custodial Account in accordance with Section 4.02(a). 82 The foregoing requirements for deposit in the Custodial Account shall be exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments on the Mortgage Loans which are not part of the Trust Fund (consisting of payments in respect of principal and interest on the Mortgage Loans due on or before the Cut-off Date) and payments or collections in the nature of prepayment charges or late payment charges or assumption fees may but need not be deposited by the Master Servicer in the Custodial Account. In the event any amount not required to be deposited in the Custodial Account is so deposited, the Master Servicer may at any time withdraw such amount from the Custodial Account, any provision herein to the contrary notwithstanding. The Custodial Account may contain funds that belong to one or more trust funds created for mortgage pass-through certificates of other series and may contain other funds respecting payments on mortgage loans belonging to the Master Servicer or serviced or master serviced by it on behalf of others. Notwithstanding such commingling of funds, the Master Servicer shall keep records that accurately reflect the funds on deposit in the Custodial Account that have been identified by it as being attributable to the Mortgage Loans. With respect to Insurance Proceeds, Liquidation Proceeds, REO Proceeds and the proceeds of the purchase of any Mortgage Loan pursuant to Sections 2.02, 2.03, 2.04 and 4.07 received in any calendar month, the Master Servicer may elect to treat such amounts as included in the Available Distribution Amount for the Distribution Date in the month of receipt, but is not obligated to do so. If the Master Servicer so elects, such amounts will be deemed to have been received (and any related Realized Loss shall be deemed to have occurred) on the last day of the month prior to the receipt thereof. (c) The Master Servicer shall use its best efforts to cause the institution maintaining the Custodial Account to invest the funds in the Custodial Account attributable to the Mortgage Loans in Permitted Investments which shall mature not later than the Certificate Account Deposit Date next following the date of such investment (with the exception of the Amount Held for Future Distribution) and which shall not be sold or disposed of prior to their maturities. All income and gain realized from any such investment shall be for the benefit of the Master Servicer as additional servicing compensation and shall be subject to its withdrawal or order from time to time. The amount of any losses incurred in respect of any such investments attributable to the investment of amounts in respect of the Mortgage Loans shall be deposited in the Custodial Account by the Master Servicer out of its own funds immediately as realized. 83 (d) The Master Servicer shall give notice to the Trustee and the Company of any change in the location of the Custodial Account and the location of the Certificate Account prior to the use thereof. Section 3.08. Subservicing Accounts; Servicing Accounts. ----------------------------------------- (a) In those cases where a Subservicer is servicing a Mortgage Loan pursuant to a Subservicing Agreement, the Master Servicer shall cause the Subservicer, pursuant to the Subservicing Agreement, to establish and maintain one or more Subservicing Accounts which shall be an Eligible Account or, if such account is not an Eligible Account, shall generally satisfy the requirements of the Program Guide and be otherwise acceptable to the Master Servicer and each Rating Agency. The Subservicer will be required thereby to deposit into the Subservicing Account on a daily basis all proceeds of Mortgage Loans received by the Subservicer, less its Subservicing Fees and unreimbursed advances and expenses, to the extent permitted by the Subservicing Agreement. If the Subservicing Account is not an Eligible Account, the Master Servicer shall be deemed to have received such monies upon receipt thereof by the Subservicer. The Subservicer shall not be required to deposit in the Subservicing Account payments or collections in the nature of prepayment charges or late charges or assumption fees. On or before the date specified in the Program Guide, but in no event later than the Determination Date, the Master Servicer shall cause the Subservicer, pursuant to the Subservicing Agreement, to remit to the Master Servicer for deposit in the Custodial Account all funds held in the Subservicing Account with respect to each Mortgage Loan serviced by such Subservicer that are required to be remitted to the Master Servicer. The Subservicer will also be required, pursuant to the Subservicing Agreement, to advance on such scheduled date of remittance amounts equal to any scheduled monthly installments of principal and interest less its Subservicing Fees on any Mortgage Loans for which payment was not received by the Subservicer. This obligation to advance with respect to each Mortgage Loan will continue up to and including the first of the month following the date on which the related Mortgaged Property is sold at a foreclosure sale or is acquired by the Trust Fund by deed in lieu of foreclosure or otherwise. All such advances received by the Master Servicer shall be deposited promptly by it in the Custodial Account. 84 (b) The Subservicer may also be required, pursuant to the Subservicing Agreement, to remit to the Master Servicer for deposit in the Custodial Account interest at the Adjusted Mortgage Rate on any Curtailment received by such Subservicer in respect of a Mortgage Loan from the related Mortgagor during any month that is to be applied by the Subservicer to reduce the unpaid principal balance of the related Mortgage Loan as of the first day of such month, from the date of application of such Curtailment to the first day of the following month. Any amounts paid by a Subservicer pursuant to the preceding sentence shall be for the benefit of the Master Servicer as additional servicing compensation and shall be subject to its withdrawal or order from time to time pursuant to Sections 3.10(a)(iv) and (v). (c) In addition to the Custodial Account and the Certificate Account, the Master Servicer shall for any Nonsubserviced Mortgage Loan, and shall cause the Subservicers for Subserviced Mortgage Loans to, establish and maintain one or more Servicing Accounts and deposit and retain therein all collections from the Mortgagors (or advances from Subservicers) for the payment of taxes, assessments, hazard insurance premiums, Primary Insurance Policy premiums, if applicable, or comparable items for the account of the Mortgagors. Each Servicing Account shall satisfy the requirements for a Subservicing Account and, to the extent permitted by the Program Guide or as is otherwise acceptable to the Master Servicer, may also function as a Subservicing Account. Withdrawals of amounts related to the Mortgage Loans from the Servicing Accounts may be made only to effect timely payment of taxes, assessments, hazard insurance premiums, Primary Insurance Policy premiums, if applicable, or comparable items, to reimburse the Master Servicer or Subservicer out of related collections for any payments made pursuant to Sections 3.11 (with respect to the Primary Insurance Policy) and 3.12(a) (with respect to hazard insurance), to refund to any Mortgagors any sums as may be determined to be overages, to pay interest, if required, to Mortgagors on balances in the Servicing Account or to clear and terminate the Servicing Account at the termination of this Agreement in accordance with Section 9.01 or in accordance with the Program Guide. As part of its servicing duties, the Master Servicer shall, and the Subservicers will, pursuant to the Subservicing Agreements, be required to pay to the Mortgagors interest on funds in this account to the extent required by law. 85 (d) The Master Servicer shall advance the payments referred to in the preceding subsection that are not timely paid by the Mortgagors or advanced by the Subservicers on the date when the tax, premium or other cost for which such payment is intended is due, but the Master Servicer shall be required so to advance only to the extent that such advances, in the good faith judgment of the Master Servicer, will be recoverable by the Master Servicer out of Insurance Proceeds, Liquidation Proceeds or otherwise. Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans. ---------------------------------------- In the event that compliance with this Section 3.09 shall make any Class of Certificates legal for investment by federally insured savings and loan associations, the Master Servicer shall provide, or cause the Subservicers to provide, to the Trustee, the Office of Thrift Supervision or the FDIC and the supervisory agents and examiners thereof access to the documentation regarding the Mortgage Loans required by applicable regulations of the Office of Thrift Supervision, such access being afforded without charge but only upon reasonable request and during normal business hours at the offices designated by the Master Servicer. The Master Servicer shall permit such representatives to photocopy any such documentation and shall provide equipment for that purpose at a charge reasonably approximating the cost of such photocopying to the Master Servicer. Section 3.10. Permitted Withdrawals from the Custodial Account. --------------------------- (a) The Master Servicer may, from time to time as provided herein, make withdrawals from the Custodial Account of amounts on deposit therein pursuant to Section 3.07 that are attributable to the Mortgage Loans for the following purposes: (i) to make deposits into the Certificate Account in the amounts and in the manner provided for in Section 4.01; 86 (ii) to reimburse itself or the related Subservicer for previously unreimbursed advances or expenses made pursuant to Sections 3.01, 3.07(a), 3.08, 3.11, 3.12(a), 3.14 and 4.04 or otherwise reimbursable pursuant to the terms of this Agreement, such withdrawal right being limited to amounts received on particular Mortgage Loans (including, for this purpose, REO Proceeds, Insurance Proceeds, Liquidation Proceeds and proceeds from the purchase of a Mortgage Loan pursuant to Section 2.02, 2.03, 2.04 or 4.07) which represent (A) Late Collections of Monthly Payments for which any such advance was made in the case of Subservicer Advances or Advances pursuant to Section 4.04 and (B) recoveries of amounts in respect of which such advances were made in the case of Servicing Advances; (iii) to pay to itself or the related Subservicer (if not previously retained by such Subservicer) out of each payment received by the Master Servicer on account of interest on a Mortgage Loan as contemplated by Sections 3.14 and 3.16, an amount equal to that remaining portion of any such payment as to interest (but not in excess of the Servicing Fee and the Subservicing Fee, if not previously retained) which, when deducted, will result in the remaining amount of such interest being interest at the Net Mortgage Rate on the amount specified in the amortization schedule of the related Mortgage Loan as the principal balance thereof at the beginning of the period respecting which such interest was paid after giving effect to any previous Curtailments; (iv) to pay to itself as additional servicing compensation any interest or investment income earned on funds deposited in the Custodial Account that it is entitled to withdraw pursuant to Section 3.07(c); (v) to pay to itself as additional servicing compensation any Foreclosure Profits, and any amounts remitted by Subservicers as interest in respect of Curtailments pursuant to Section 3.08(b); (vi) to pay to itself, a Subservicer, a Seller, Residential Funding, the Company or any other appropriate Person, as the case may be, with respect to each Mortgage Loan or property acquired in respect thereof that has been purchased or otherwise transferred pursuant to Section 2.02, 2.03, 2.04, 4.07 or 9.01, all amounts received thereon and not required to be distributed to the Certificateholders or the Owner of the Excess Spread as of the date on which the related Stated Principal Balance or Purchase Price is determined; 87 (vii) to reimburse itself or the related Subservicer for any Nonrecoverable Advance or Advances in the manner and to the extent provided in subsection (c) below or any Advance reimbursable to the Master Servicer pursuant to Section 4.02(a)(iii); (viii) to reimburse itself or the Company for expenses incurred by and reimbursable to it or the Company pursuant to Sections 3.13, 3.14(c), 6.03, 10.01 or otherwise, or in connection with enforcing any repurchase, substitution or indemnification obligation of any Seller (other than an Affiliate of the Company) pursuant to the related Seller's Agreement; (ix) to reimburse itself for amounts expended by it (a) pursuant to Section 3.14 in good faith in connection with the restoration of property damaged by an Uninsured Cause, and (b) in connection with the liquidation of a Mortgage Loan or disposition of an REO Property to the extent not otherwise reimbursed pursuant to clause (ii) or (viii) above; and (x) to withdraw any amount deposited in the Custodial Account that was not required to be deposited therein pursuant to Section 3.07. (b) Since, in connection with withdrawals pursuant to clauses (ii), (iii), (v) and (vi), the Master Servicer's entitlement thereto is limited to collections or other recoveries on the related Mortgage Loan, the Master Servicer shall keep and maintain separate accounting, on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any withdrawal from the Custodial Account pursuant to such clauses. (c) The Master Servicer shall be entitled to reimburse itself or the related Subservicer for any advance made in respect of a Mortgage Loan that the Master Servicer determines to be a Nonrecoverable Advance by withdrawal from the Custodial Account of amounts on deposit therein attributable to the Mortgage Loans on any Certificate Account Deposit Date succeeding the date of such determination. Such right of reimbursement in respect of a Nonrecoverable Advance on any such Certificate Account Deposit Date shall be limited to an amount not exceeding the portion of such advance previously paid to Certificateholders and the Owner of the Excess Spread (and not theretofore reimbursed to the Master Servicer or the related Subservicer). Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder. ------------------------------------ 88 (a) The Master Servicer shall not take, or permit any Subservicer to take, any action which would result in non-coverage under any applicable Primary Insurance Policy of any loss which, but for the actions of the Master Servicer or Subservicer, would have been covered thereunder. To the extent coverage is available, the Master Servicer shall keep or cause to be kept in full force and effect each such Primary Insurance Policy until the principal balance of the related Mortgage Loan secured by a Mortgaged Property is reduced to 80% or less of the Appraised Value in the case of such a Mortgage Loan having a Loan-to- Value Ratio at origination in excess of 80%, provided that such Primary Insurance Policy was in place as of the Cut-off Date and the Company had knowledge of such Primary Insurance Policy. The Master Servicer shall be entitled to cancel or permit the discontinuation of any Primary Insurance Policy as to any Mortgage Loan, if the Stated Principal Balance of the Mortgage Loan is reduced below an amount equal to 80% of the appraised value of the related Mortgaged Property as determined in any appraisal thereof after the Closing Date, or if the Loan-to-Value Ratio is reduced below 80% as a result of principal payments on the Mortgage Loan after the Closing Date. In the event that the Company gains knowledge that as of the Closing Date, a Mortgage Loan had a Loan-to-Value Ratio at origination in excess of 80% and is not the subject of a Primary Insurance Policy (and was not included in any exception to the representation in Section 2.03(b)(iv)) and that such Mortgage Loan has a current Loan-to-Value Ratio in excess of 80% then the Master Servicer shall use its reasonable efforts to obtain and maintain a Primary Insurance Policy to the extent that such a policy is obtainable at a reasonable price. The Master Servicer shall not cancel or refuse to renew any such Primary Insurance Policy applicable to a Nonsubserviced Mortgage Loan, or consent to any Subservicer canceling or refusing to renew any such Primary Insurance Policy applicable to a Mortgage Loan subserviced by it, that is in effect at the date of the initial issuance of the Certificates and is required to be kept in force hereunder unless the replacement Primary Insurance Policy for such canceled or non-renewed policy is maintained with an insurer whose claims-paying ability is acceptable to each Rating Agency for mortgage pass-through certificates having a rating equal to or better than the lower of the then-current rating or the rating assigned to the Certificates as of the Closing Date by such Rating Agency. 89 (b) In connection with its activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees to present or to cause the related Subservicer to present, on behalf of the Master Servicer, the Subservicer, if any, the Trustee, Certificateholders and the Owner of the Excess Spread, claims to the Insurer under any Primary Insurance Policies, in a timely manner in accordance with such policies, and, in this regard, to take or cause to be taken such reasonable action as shall be necessary to permit recovery under any Primary Insurance Policies respecting defaulted Mortgage Loans. Pursuant to Section 3.07, any Insurance Proceeds collected by or remitted to the Master Servicer under any Primary Insurance Policies shall be deposited in the Custodial Account, subject to withdrawal pursuant to Section 3.10. Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage. --------------------------------- 90 (a) The Master Servicer shall cause to be maintained for each Mortgage Loan (other than a Cooperative Loan) fire insurance with extended coverage in an amount which is equal to the lesser of the principal balance owing on such Mortgage Loan or 100 percent of the insurable value of the improvements; provided, however, that such coverage may not be less than the minimum amount - -------- ------- required to fully compensate for any loss or damage on a replacement cost basis. To the extent it may do so without breaching the related Subservicing Agreement, the Master Servicer shall replace any Subservicer that does not cause such insurance, to the extent it is available, to be maintained. The Master Servicer shall also cause to be maintained on property acquired upon foreclosure, or deed in lieu of foreclosure, of any Mortgage Loan (other than a Cooperative Loan), fire insurance with extended coverage in an amount which is at least equal to the amount necessary to avoid the application of any co-insurance clause contained in the related hazard insurance policy. Pursuant to Section 3.07, any amounts collected by the Master Servicer under any such policies (other than amounts to be applied to the restoration or repair of the related Mortgaged Property or property thus acquired or amounts released to the Mortgagor in accordance with the Master Servicer's normal servicing procedures) shall be deposited in the Custodial Account, subject to withdrawal pursuant to Section 3.10. Any cost incurred by the Master Servicer in maintaining any such insurance shall not, for the purpose of calculating monthly distributions to the Certificateholders and the Owner of the Excess Spread, be added to the amount owing under the Mortgage Loan, notwithstanding that the terms of the Mortgage Loan so permit. Such costs shall be recoverable by the Master Servicer out of related late payments by the Mortgagor or out of Insurance Proceeds and Liquidation Proceeds to the extent permitted by Section 3.10. It is understood and agreed that no earthquake or other additional insurance is to be required of any Mortgagor or maintained on property acquired in respect of a Mortgage Loan other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. Whenever the improvements securing a Mortgage Loan (other than a Cooperative Loan) are located at the time of origination of such Mortgage Loan in a federally designated special flood hazard area, the Master Servicer shall cause flood insurance (to the extent available) to be maintained in respect thereof. Such flood insurance shall be in an amount equal to the lesser of (i) the amount required to compensate for any loss or damage to the Mortgaged Property on a replacement cost basis and (ii) the maximum amount of such insurance available for the related Mortgaged Property under the national flood insurance program (assuming that the area in which such Mortgaged Property is located is participating in such program). 91 In the event that the Master Servicer shall obtain and maintain a blanket fire insurance policy with extended coverage insuring against hazard losses on all of the Mortgage Loans, it shall conclusively be deemed to have satisfied its obligations as set forth in the first sentence of this Section 3.12(a), it being understood and agreed that such policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property a policy complying with the first sentence of this Section 3.12(a) and there shall have been a loss which would have been covered by such policy, deposit in the Certificate Account the amount not otherwise payable under the blanket policy because of such deductible clause. Any such deposit by the Master Servicer shall be made on the Certificate Account Deposit Date next preceding the Distribution Date which occurs in the month following the month in which payments under any such policy would have been deposited in the Custodial Account. In connection with its activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees to present, on behalf of itself, the Trustee, the Certificateholders and the Owner of the Excess Spread, claims under any such blanket policy. (b) The Master Servicer shall obtain and maintain at its own expense and keep in full force and effect throughout the term of this Agreement a blanket fidelity bond and an errors and omissions insurance policy covering the Master Servicer's officers and employees and other persons acting on behalf of the Master Servicer in connection with its activities under this Agreement. The amount of coverage shall be at least equal to the coverage that would be required by FNMA or FHLMC, whichever is greater, with respect to the Master Servicer if the Master Servicer were servicing and administering the Mortgage Loans for FNMA or FHLMC. In the event that any such bond or policy ceases to be in effect, the Master Servicer shall obtain a comparable replacement bond or policy from an issuer or insurer, as the case may be, meeting the requirements, if any, of the Program Guide and acceptable to the Company. Coverage of the Master Servicer under a policy or bond obtained by an Affiliate of the Master Servicer and providing the coverage required by this Section 3.12(b) shall satisfy the requirements of this Section 3.12(b). Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments. --------------------------------------- 92 (a) When any Mortgaged Property is conveyed by the Mortgagor, the Master Servicer or Subservicer, to the extent it has knowledge of such conveyance, shall enforce any due-on-sale clause contained in any Mortgage Note or Mortgage, to the extent permitted under applicable law and governmental regulations, but only to the extent that such enforcement will not adversely affect or jeopardize coverage under any Required Insurance Policy. Notwithstanding the foregoing: (i) the Master Servicer shall not be deemed to be in default under this Section 3.13(a) by reason of any transfer or assumption which the Master Servicer is restricted by law from preventing; and (ii) if the Master Servicer determines that it is reasonably likely that any Mortgagor will bring, or if any Mortgagor does bring, legal action to declare invalid or otherwise avoid enforcement of a due-on-sale clause contained in any Mortgage Note or Mortgage, the Master Servicer shall not be required to enforce the due-on-sale clause or to contest such action. 93 (b) Subject to the Master Servicer's duty to enforce any due-on-sale clause to the extent set forth in Section 3.13(a), in any case in which a Mortgaged Property is to be conveyed to a Person by a Mortgagor, and such Person is to enter into an assumption or modification agreement or supplement to the Mortgage Note or Mortgage which requires the signature of the Trustee, or if an instrument of release signed by the Trustee is required releasing the Mortgagor from liability on the Mortgage Loan, the Master Servicer is authorized, subject to the requirements of the sentence next following, to execute and deliver, on behalf of the Trustee, the assumption agreement with the Person to whom the Mortgaged Property is to be conveyed and such modification agreement or supplement to the Mortgage Note or Mortgage or other instruments as are reasonable or necessary to carry out the terms of the Mortgage Note or Mortgage or otherwise to comply with any applicable laws regarding assumptions or the transfer of the Mortgaged Property to such Person; provided, however, none of -------- ------- such terms and requirements shall both (i) constitute a "significant modification" effecting an exchange or reissuance of such Mortgage Loan under the Code (or final, temporary or proposed Treasury Regulations promulgated thereunder) and (ii) cause either REMIC I or REMIC II to fail to qualify as such under the Code or (subject to Section 10.01(f)), result in the imposition of any tax on "prohibited transactions" or constitute "contributions" after the start- up date under the REMIC Provisions. The Master Servicer shall execute and deliver such documents only if it reasonably determines that (i) its execution and delivery thereof will not conflict with or violate any terms of this Agreement or cause the unpaid balance and interest on the Mortgage Loan to be uncollectible in whole or in part, (ii) any required consents of insurers under any Required Insurance Policies have been obtained and (iii) subsequent to the closing of the transaction involving the assumption or transfer (A) the Mortgage Loan will continue to be secured by a first mortgage lien pursuant to the terms of the Mortgage, (B) such transaction will not adversely affect the coverage under any Required Insurance Policies, (C) the Mortgage Loan will fully amortize over the remaining term thereof, (D) no material term of the Mortgage Loan (including the interest rate on the Mortgage Loan) will be altered nor will the term of the Mortgage Loan be changed and (E) if the seller/transferor of the Mortgaged Property is to be released from liability on the Mortgage Loan, such release will not (based on the Master Servicer's or Subservicer's good faith determination) adversely affect the collectability of the Mortgage Loan. Upon receipt of appropriate instructions from the Master Servicer in accordance with the foregoing, the Trustee shall execute any necessary instruments for such assumption or substitution of liability as directed in writing by the Master Servicer. Upon the closing of the transactions contemplated by such documents, the Master Servicer shall cause the originals or true and correct copies of the 94 assumption agreement, the release (if any), or the modification or supplement to the Mortgage Note or Mortgage to be delivered to the Trustee or the Custodian and deposited with the Mortgage File for such Mortgage Loan. Any fee collected by the Master Servicer or such related Subservicer for entering into an assumption or substitution of liability agreement will be retained by the Master Servicer or such Subservicer as additional servicing compensation. (c) The Master Servicer or the related Subservicer, as the case may be, shall be entitled to approve a request from a Mortgagor for a partial release of the related Mortgaged Property, the granting of an easement thereon in favor of another Person, any alteration or demolition of the related Mortgaged Property or other similar matters if it has determined, exercising its good faith business judgment in the same manner as it would if it were the owner of the related Mortgage Loan, that the security for, and the timely and full collectability of, such Mortgage Loan would not be adversely affected thereby and that neither REMIC I nor REMIC II would fail to continue to qualify as a REMIC under the Code as a result thereof and (subject to Section 10.01(f)) that no tax on "prohibited transactions" or "contributions" after the startup day would be imposed on either REMIC as a result thereof. Any fee collected by the Master Servicer or the related Subservicer for processing such a request will be retained by the Master Servicer or such Subservicer as additional servicing compensation. 95 (d) Subject to any other applicable terms and conditions of this Agreement, the Trustee and Master Servicer shall be entitled to approve an assignment in lieu of satisfaction with respect to any Mortgage Loan, provided the obligee with respect to such Mortgage Loan following such proposed assignment provides the Trustee and Master Servicer with a "Lender Certification for Assignment of Mortgage Loan" in the form attached hereto as Exhibit O, in form and substance satisfactory to the Trustee and Master Servicer, providing the following: (i) that the Mortgage Loan is secured by Mortgaged Property located in a jurisdiction in which an assignment in lieu of satisfaction is required to preserve lien priority, minimize or avoid mortgage recording taxes or otherwise comply with, or facilitate a refinancing under, the laws of such jurisdiction; (ii) that the substance of the assignment is, and is intended to be, a refinancing of such Mortgage Loan and that the form of the transaction is solely to comply with, or facilitate the transaction under, such local laws; (iii) that the Mortgage Loan following the proposed assignment will have a rate of interest at least 0.25 percent below or above the rate of interest on such Mortgage Loan prior to such proposed assignment; and (iv) that such assignment is at the request of the borrower under the related Mortgage Loan. Upon approval of an assignment in lieu of satisfaction with respect to any Mortgage Loan, the Master Servicer shall receive cash in an amount equal to the unpaid principal balance of and accrued interest on such Mortgage Loan and the Master Servicer shall treat such amount as a Principal Prepayment in Full with respect to such Mortgage Loan for all purposes hereof. Section 3.14. Realization Upon Defaulted Mortgage Loans. ----------------------------------------- 96 (a) The Master Servicer shall foreclose upon or otherwise comparably convert (which may include an REO Acquisition) the ownership of properties securing such of the Mortgage Loans as come into and continue in default and as to which no satisfactory arrangements can be made for collection of delinquent payments pursuant to Section 3.07. In connection with such foreclosure or other conversion, the Master Servicer shall, consistent with Section 3.11, follow such practices and procedures as it shall deem necessary or advisable, as shall be normal and usual in its general mortgage servicing activities and as shall be required or permitted by the Program Guide; provided that the Master Servicer shall not be liable in any respect hereunder if the Master Servicer is acting in connection with any such foreclosure or other conversion in a manner that is consistent with the provisions of this Agreement. The Master Servicer, however, shall not be required to expend its own funds or incur other reimbursable charges in connection with any foreclosure, or attempted foreclosure which is not completed, or towards the restoration of any property unless it shall determine (i) that such restoration and/or foreclosure will increase the proceeds of liquidation of the Mortgage Loan to Holders of Certificates of one or more Classes after reimbursement to itself for such expenses or charges and (ii) that such expenses or charges will be recoverable to it through Liquidation Proceeds, Insurance Proceeds, or REO Proceeds (respecting which it shall have priority for purposes of withdrawals from the Custodial Account pursuant to Section 3.10, whether or not such expenses and charges are actually recoverable from related Liquidation Proceeds, Insurance Proceeds or REO Proceeds). In the event of a determination by the Master Servicer pursuant to this Section 3.14(a), the Master Servicer shall be entitled to reimbursement of such amounts pursuant to Section 3.10. Concurrently with the foregoing, the Master Servicer may pursue any remedies that may be available in connection with a breach of a representation and warranty with respect to any such Mortgage Loan in accordance with Sections 2.03 and 2.04. However, the Master Servicer is not required to continue to pursue both foreclosure (or similar remedies) with respect to the Mortgage Loans and remedies in connection with a breach of a representation and warranty if the Master Servicer determines in its reasonable discretion that one such remedy is more likely to result in a greater recovery as to the Mortgage Loan. Upon the occurrence of a Cash Liquidation or REO Disposition, following the deposit in the Custodial Account of all Insurance Proceeds, Liquidation Proceeds and other payments and recoveries referred to in the definition of "Cash Liquidation" or "REO Disposition," as applicable, upon receipt by the Trustee of written notification of such deposit signed by a Servicing Officer, the Trustee or any Custodian, as the case may be, shall release to the Master Servicer the related Mortgage File and the Trustee shall execute and deliver such instruments of transfer or assignment prepared by the Master Servicer, in 97 each case without recourse, as shall be necessary to vest in the Master Servicer or its designee, as the case may be, the related Mortgage Loan, and thereafter such Mortgage Loan shall not be part of the Trust Fund. Notwithstanding the foregoing or any other provision of this Agreement, in the Master Servicer's sole discretion with respect to any defaulted Mortgage Loan or REO Property as to either of the following provisions, (i) a Cash Liquidation or REO Disposition may be deemed to have occurred if substantially all amounts expected by the Master Servicer to be received in connection with the related defaulted Mortgage Loan or REO Property have been received, and (ii) for purposes of determining the amount of any Liquidation Proceeds, Insurance Proceeds, REO Proceeds or any other unscheduled collections or the amount of any Realized Loss, the Master Servicer may take into account minimal amounts of additional receipts expected to be received or any estimated additional liquidation expenses expected to be incurred in connection with the related defaulted Mortgage Loan or REO Property. (b) In the event that title to any Mortgaged Property is acquired by REMIC I as an REO Property by foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale shall be issued to the Trustee or to its nominee on behalf of Certificateholders and the Owner of the Excess Spread. Notwithstanding any such acquisition of title and cancellation of the related Mortgage Loan, such REO Property shall (except as otherwise expressly provided herein) be considered to be an Outstanding Mortgage Loan held in REMIC I until such time as the REO Property shall be sold. Consistent with the foregoing for purposes of all calculations hereunder so long as such REO Property shall be considered to be an Outstanding Mortgage Loan it shall be assumed that, notwithstanding that the indebtedness evidenced by the related Mortgage Note shall have been discharged, such Mortgage Note and the related amortization schedule in effect at the time of any such acquisition of title (after giving effect to any previous Curtailments and before any adjustment thereto by reason of any bankruptcy or similar proceeding or any moratorium or similar waiver or grace period) remain in effect. 98 (c) In the event that REMIC I acquires any REO Property as aforesaid or otherwise in connection with a default or imminent default on a Mortgage Loan, the Master Servicer on behalf of REMIC I shall dispose of such REO Property within two years after its acquisition by REMIC I for purposes of Section 860G(a)(8) of the Code or, at the expense of REMIC I, request, more than 60 days before the day on which the two-year grace period would otherwise expire, an extension of the two-year grace period unless the Master Servicer (subject to Section 10.01(f)) obtains for the Trustee an Opinion of Counsel, addressed to the Trustee and the Master Servicer, to the effect that the holding by REMIC I of such REO Property subsequent to such two-year period will not result in the imposition of taxes on "prohibited transactions" as defined in Section 860F of the Code or cause REMIC I to fail to qualify as a REMIC at any time that any Uncertificated REMIC I Regular Interests are outstanding, in which case REMIC I may continue to hold such REO Property (subject to any conditions contained in such Opinion of Counsel). The Master Servicer shall be entitled to be reimbursed from the Custodial Account for any costs incurred in obtaining such Opinion of Counsel, as provided in Section 3.10. Notwithstanding any other provision of this Agreement, no REO Property acquired by REMIC I shall be rented (or allowed to continue to be rented) or otherwise used by or on behalf of REMIC I in such a manner or pursuant to any terms that would (i) cause such REO Property to fail to qualify as "foreclosure property" within the meaning of Section 860G(a)(8) of the Code or (ii) subject REMIC I to the imposition of any federal income taxes on the income earned from such REO Property, including any taxes imposed by reason of Section 860G(c) of the Code, unless the Master Servicer has agreed to indemnify and hold harmless REMIC I with respect to the imposition of any such taxes. 99 (d) The proceeds of any Cash Liquidation, REO Disposition or purchase or repurchase of any Mortgage Loan pursuant to the terms of this Agreement, as well as any recovery resulting from a collection of Liquidation Proceeds, Insurance Proceeds or REO Proceeds, will be applied in the following order of priority: first, to reimburse the Master Servicer or the related Subservicer in accordance with Section 3.10(a)(ii); second, to the Certificateholders and the Owner of the Excess Spread to the extent of accrued and unpaid interest on the Mortgage Loan, and any related REO Imputed Interest, at the Net Mortgage Rate to the Due Date prior to the Distribution Date on which such amounts are to be distributed; third, to the Certificateholders as a recovery of principal on the Mortgage Loan (or REO Property)(provided that if any such Class of Certificates to which such Realized Loss was allocated is no longer outstanding, such subsequent recovery shall be distributed to the persons who were the Holders of such Class of Certificates when it was retired); fourth, to all Servicing Fees and Subservicing Fees payable therefrom (and the Master Servicer and the Subservicer shall have no claims for any deficiencies with respect to such fees which result from the foregoing allocation); and fifth, to Foreclosure Profits. Section 3.15. Trustee to Cooperate; Release of Mortgage Files. ------------------------- (a) Upon becoming aware of the payment in full of any Mortgage Loan, or upon the receipt by the Master Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Master Servicer will immediately notify the Trustee (if it holds the related Mortgage File) or the Custodian by a certification of a Servicing Officer (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 3.07 have been or will be so deposited), substantially in one of the forms attached hereto as Exhibit H requesting delivery to it of the Mortgage File. Upon receipt of such certification and request, the Trustee shall promptly release, or cause the Custodian to release, the related Mortgage File to the Master Servicer. The Master Servicer is authorized to execute and deliver to the Mortgagor the request for reconveyance, deed of reconveyance or release or satisfaction of mortgage or such instrument releasing the lien of the Mortgage, together with the Mortgage Note with, as appropriate, written evidence of cancellation thereon. No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Custodial Account or the Certificate Account. 100 (b) From time to time as is appropriate for the servicing or foreclosure of any Mortgage Loan, the Master Servicer shall deliver to the Custodian, with a copy to the Trustee, a certificate of a Servicing Officer substantially in one of the forms attached as Exhibit H hereto, requesting that possession of all, or any document constituting part of, the Mortgage File be released to the Master Servicer and certifying as to the reason for such release and that such release will not invalidate any insurance coverage provided in respect of the Mortgage Loan under any Required Insurance Policy. Upon receipt of the foregoing, the Trustee shall deliver, or cause the Custodian to deliver, the Mortgage File or any document therein to the Master Servicer. The Master Servicer shall cause each Mortgage File or any document therein so released to be returned to the Trustee, or the Custodian as agent for the Trustee when the need therefor by the Master Servicer no longer exists, unless (i) the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or (ii) the Mortgage File or such document has been delivered directly or through a Subservicer to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Master Servicer has delivered directly or through a Subservicer to the Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. In the event of the liquidation of a Mortgage Loan, the Trustee shall deliver the Request for Release with respect thereto to the Master Servicer upon deposit of the related Liquidation Proceeds in the Custodial Account. 101 (c) The Trustee or the Master Servicer on the Trustee's behalf shall execute and deliver to the Master Servicer, if necessary, any court pleadings, requests for trustee's sale or other documents necessary to the foreclosure or trustee's sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings (if signed by the Trustee), the Master Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate any insurance coverage under any Required Insurance Policy or invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. Section 3.16. Servicing and Other Compensation; Compensating Interest. --------------------------------- (a) The Master Servicer, as compensation for its activities hereunder, shall be entitled to receive on each Distribution Date the amounts provided for by clauses (iii), (iv), (v) and (vi) of Section 3.10(a), subject to clause (e) below. The amount of servicing compensation provided for in such clauses shall be accounted for on a Mortgage Loan-by-Mortgage Loan basis. In the event that Liquidation Proceeds, Insurance Proceeds and REO Proceeds (net of amounts reimbursable therefrom pursuant to Section 3.10(a)(ii)) in respect of a Cash Liquidation or REO Disposition exceed the unpaid principal balance of such Mortgage Loan plus unpaid interest accrued thereon (including REO Imputed Interest) at the related Net Mortgage Rate, the Master Servicer shall be entitled to retain therefrom and to pay to itself and/or the related Subservicer any Servicing Fee or Subservicing Fee considered to be accrued but unpaid. (b) Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges, investment income on amounts in the Custodial Account or the Certificate Account or otherwise shall be retained by the Master Servicer or the Subservicer to the extent provided herein, subject to clause (e) below. 102 (c) The Master Servicer shall be required to pay, or cause to be paid, all expenses incurred by it in connection with its servicing activities hereunder (including payment of premiums for the Primary Insurance Policies, if any, to the extent such premiums are not required to be paid by the related Mortgagors, and the fees and expenses of the Trustee and any Custodian) and shall not be entitled to reimbursement therefor except as specifically provided in Sections 3.10 and 3.14. (d) The Master Servicer's right to receive servicing compensation may not be transferred in whole or in part except in connection with the transfer of all of its responsibilities and obligations of the Master Servicer under this Agreement. (e) Notwithstanding any other provision herein, the amount of servicing compensation that the Master Servicer shall be entitled to receive for its activities hereunder for the period ending on each Distribution Date shall be reduced (but not below zero) by an amount equal to Compensating Interest (if any) for such Distribution Date. Such reduction shall be applied during such period as follows: first, to any Servicing Fee or Subservicing Fee to which the Master Servicer is entitled pursuant to Section 3.10(a)(iii); second, to any income or gain realized from any investment of funds held in the Custodial Account or the Certificate Account to which the Master Servicer is entitled pursuant to Sections 3.07(c) or 4.01(b), respectively; and third, to any amounts of servicing compensation to which the Master Servicer is entitled pursuant to Section 3.10(a)(v) or (vi). In making such reduction, the Master Servicer (i) will not withdraw from the Custodial Account any such amount representing all or a portion of the Servicing Fee to which it is entitled pursuant to Section 3.10(a)(iii); (ii) will not withdraw from the Custodial Account or Certificate Account any such amount to which it is entitled pursuant to Section 3.07(c) or 4.01(b) and (iii) will not withdraw from the Custodial Account any such amount of servicing compensation to which it is entitled pursuant to Section 3.10(a)(v) or (vi). Section 3.17. Reports to the Trustee and the Company. -------------------------------------- Not later than fifteen days after each Distribution Date, the Master Servicer shall forward to the Trustee and the Company a statement, certified by a Servicing Officer, setting forth the status of the Custodial Account as of the close of business on such Distribution Date as it relates to the Mortgage Loans and showing, for the period covered by such statement, the aggregate of deposits in or withdrawals from the Custodial Account in respect of the Mortgage Loans for each category of deposit specified in Section 3.07 and each category of withdrawal specified in Section 3.10. 103 Section 3.18. Annual Statement as to Compliance. --------------------------------- The Master Servicer will deliver to the Company, the Trustee and Financial Security on or before March 31 of each year, beginning with the first March 31 that occurs at least six months after the Cut-off Date, an Officers' Certificate stating, as to each signer thereof, that (i) a review of the activities of the Master Servicer during the preceding calendar year related to its servicing of mortgage loans and its performance under pooling and servicing agreements, including this Agreement, has been made under such officers' supervision, (ii) to the best of such officers' knowledge, based on such review, the Master Servicer has complied in all material respects with the minimum servicing standards set forth in the Uniform Single Attestation Program for Mortgage Bankers and has fulfilled all of its material obligations relating to this Agreement in all material respects throughout such year, or, if there has been material noncompliance with such servicing standards or a default in the fulfillment in all material respects of any such obligation relating to this Agreement, such statement shall include a description of such noncompliance or specify each such default, as the case may be, known to such officer and the nature and status thereof and (iii) to the best of such officers' knowledge, each Subservicer has complied in all material respects with the minimum servicing standards set forth in the Uniform Single Attestation Program for Mortgage Bankers and has fulfilled all of its material obligations under its Subservicing Agreement in all material respects throughout such year, or, if there has been material noncompliance with such servicing standards or a material default in the fulfillment of such obligations relating to this Agreement, such statement shall include a description of such noncompliance or specify each such default, as the case may be, known to such officer and the nature and status thereof. Section 3.19. Annual Independent Public Accountants' Servicing Report. ------------------------------------- 104 On or before March 31 of each year, beginning with the first March 31 that occurs at least six months after the Cut-off Date, the Master Servicer at its expense shall cause a firm of independent public accountants, which shall be members of the American Institute of Certified Public Accountants, to furnish a report to the Company, the Trustee and Financial Security stating its opinion that, on the basis of an examination conducted by such firm substantially in accordance with standards established by the American Institute of Certified Public Accountants, the assertions made pursuant to Section 3.18 regarding compliance with the minimum servicing standards set forth in the Uniform Single Attestation Program for Mortgage Bankers during the preceding calendar year are fairly stated in all material respects, subject to such exceptions and other qualifications that, in the opinion of such firm, such accounting standards require it to report. In rendering such statement, such firm may rely, as to matters relating to the direct servicing of mortgage loans by Subservicers, upon comparable statements for examinations conducted by independent public accountants substantially in accordance with standards established by the American Institute of Certified Public Accountants (rendered within one year of such statement) with respect to such Subservicers. Section 3.20. Rights of the Company in Respect of the Master Servicer. -------------------------------- 105 The Master Servicer shall afford the Company, upon reasonable notice, during normal business hours access to all records maintained by the Master Servicer in respect of its rights and obligations hereunder and access to officers of the Master Servicer responsible for such obligations. Upon request, the Master Servicer shall furnish the Company with its most recent financial statements and such other information as the Master Servicer possesses regarding its business, affairs, property and condition, financial or otherwise. The Master Servicer shall also cooperate with all reasonable requests for information including, but not limited to, notices, tapes and copies of files, regarding itself, the Mortgage Loans or the Certificates from any Person or Persons identified by the Company or Residential Funding. The Company may, but is not obligated to, enforce the obligations of the Master Servicer hereunder and may, but is not obligated to, perform, or cause a designee to perform, any defaulted obligation of the Master Servicer hereunder or exercise the rights of the Master Servicer hereunder; provided that the Master Servicer shall not be relieved of any of its obligations hereunder by virtue of such performance by the Company or its designee. The Company shall not have any responsibility or liability for any action or failure to act by the Master Servicer and is not obligated to supervise the performance of the Master Servicer under this Agreement or otherwise. Section 3.21. Administration of Buydown Funds. ------------------------------- (a) With respect to any Buydown Mortgage Loan, the Subservicer has deposited Buydown Funds in an account that satisfies the requirements for a Subservicing Account (the "Buydown Account"). The Master Servicer shall cause the Subservicing Agreement to require that upon receipt from the Mortgagor of the amount due on a Due Date for each Buydown Mortgage Loan, the Subservicer will withdraw from the Buydown Account the predetermined amount that, when added to the amount due on such date from the Mortgagor, equals the full Monthly Payment and transmit that amount in accordance with the terms of the Subservicing Agreement to the Master Servicer together with the related payment made by the Mortgagor or advanced by the Subservicer. 106 (b) If the Mortgagor on a Buydown Mortgage Loan prepays such loan in its entirety during the period (the "Buydown Period") when Buydown Funds are required to be applied to such Buydown Mortgage Loan, the Subservicer shall be required to withdraw from the Buydown Account and remit any Buydown Funds remaining in the Buydown Account in accordance with the related buydown agreement. The amount of Buydown Funds which may be remitted in accordance with the related buydown agreement may reduce the amount required to be paid by the Mortgagor to fully prepay the related Mortgage Loan. If the Mortgagor on a Buydown Mortgage Loan defaults on such Mortgage Loan during the Buydown Period and the property securing such Buydown Mortgage Loan is sold in the liquidation thereof (either by the Master Servicer or the insurer under any related Primary Insurance Policy), the Subservicer shall be required to withdraw from the Buydown Account the Buydown Funds for such Buydown Mortgage Loan still held in the Buydown Account and remit the same to the Master Servicer in accordance with the terms of the Subservicing Agreement for deposit in the Custodial Account or, if instructed by the Master Servicer, pay to the insurer under any related Primary Insurance Policy if the Mortgaged Property is transferred to such insurer and such insurer pays all of the loss incurred in respect of such default. Any amount so remitted pursuant to the preceding sentence will be deemed to reduce the amount owed on the Mortgage Loan. 107 ARTICLE IV PAYMENTS TO CERTIFICATEHOLDERS Section 4.01. Certificate Account. ------------------- (a) The Master Servicer on behalf of the Trustee shall establish and maintain a Certificate Account in which the Master Servicer shall cause to be deposited on behalf of the Trustee on or before 2:00 P.M. New York time on each Certificate Account Deposit Date by wire transfer of immediately available funds an amount equal to the sum of (i) any Advance for the immediately succeeding Distribution Date, (ii) any amount required to be deposited in the Certificate Account pursuant to Section 3.12(a), (iii) any amount required to be deposited in the Certificate Account pursuant to Section 3.16(e) or Section 4.07, (iv) any amount required to be paid pursuant to Section 9.01 and (v) all other amounts constituting the Available Distribution Amount for the immediately succeeding Distribution Date. (b) The Trustee shall, upon written request from the Master Servicer, invest or cause the institution maintaining the Certificate Account to invest the funds in the Certificate Account in Permitted Investments designated in the name of the Trustee for the benefit of the Certificateholders and the Owner of the Excess Spread, which shall mature not later than the Business Day next preceding the Distribution Date next following the date of such investment (except that (i) any investment in the institution with which the Certificate Account is maintained may mature on such Distribution Date and (ii) any other investment may mature on such Distribution Date if the Trustee shall advance funds on such Distribution Date to the Certificate Account in the amount payable on such investment on such Distribution Date, pending receipt thereof to the extent necessary to make distributions on the Certificates) and shall not be sold or disposed of prior to maturity. Subject to Section 3.16(e), all income and gain realized from any such investment shall be for the benefit of the Master Servicer and shall be subject to its withdrawal or order from time to time. The amount of any losses incurred in respect of any such investments shall be deposited in the Certificate Account by the Master Servicer out of its own funds immediately as realized without any right of reimbursement. Section 4.02. Distributions. ------------- 108 (a) On each Distribution Date (x) the Master Servicer on behalf of the Trustee or (y) the Paying Agent appointed by the Trustee, shall distribute to the Owner of the Excess Spread, a distribution thereof pursuant to Section 4.02(a)(i), to the Master Servicer, in the case of a distribution pursuant to Section 4.02(a)(iii), the amount required to be distributed to the Master Servicer or a Subservicer pursuant to Section 4.02(a)(iii), to Financial Security, the Insurance Premium for such Distribution Date, and to each Certificateholder of record on the next preceding Record Date (other than as provided in Section 9.01 respecting the final distribution) either in immediately available funds (by wire transfer or otherwise) to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder has so notified the Master Servicer or the Paying Agent, as the case may be, or, if such Certificateholder has not so notified the Master Servicer or the Paying Agent by the Record Date, by check mailed to such Certificateholder at the address of such Holder appearing in the Certificate Register such Certificateholder's share (based on the aggregate of the Percentage Interests represented by Certificates of the applicable Class held by such Holder) of the following amounts, in the following order of priority (subject to the provisions of Section 4.02(b)), in each case to the extent of the Available Distribution Amount: (i) to the Class A Certificateholders (other than the Class A-18 Certificateholders), Class R Certificateholders, Financial Security and the Owner of the Excess Spread, on a pro rata basis based on Accrued Certificate Interest payable on such Certificates, the amount of the Insurance Premium and the amount of Excess Spread with respect to such Distribution Date, Accrued Certificate Interest on such Classes of Certificates, the Insurance Premium and such Excess Spread, as applicable, for such Distribution Date, plus any Accrued Certificate Interest thereon, Insurance Premium or Excess Spread remaining unpaid from any previous Distribution Date except as provided in the last paragraph of this Section 4.02(a); (ii) (X) to the Class A-18 Certificateholders, the Class A-18 Principal Distribution Amount; and (Y) to the Class A Certificateholders (other than Class A-18 Certificateholders) and Class R Certificateholders, in the priorities and amounts set forth in Section 4.02(b)(ii) through (iv) and Section 4.02(c) through (e), the sum of the following (applied to reduce the Certificate Principal Balances of such Class A Certificates or Class R Certificates, as applicable): 109 (A) the Senior Percentage for such Distribution Date times the sum of the following: (1) the principal portion of each Monthly Payment due during the related Due Period on each Outstanding Mortgage Loan (other than the related Discount Fraction of the principal portion of such payment with respect to a Discount Mortgage Loan), whether or not received on or prior to the related Determination Date, minus the principal portion of any Debt Service Reduction (other than the related Discount Fraction of the principal portion of such Debt Service Reductions with respect to each Discount Mortgage Loan) which together with other Bankruptcy Losses exceeds the Bankruptcy Amount; (2) the Stated Principal Balance of any Mortgage Loan repurchased during the related Prepayment Period (or deemed to have been so repurchased in accordance with Section 3.07(b)) pursuant to Section 2.02, 2.03, 2.04 or 4.07 and the amount of any shortfall deposited in the Custodial Account in connection with the substitution of a Deleted Mortgage Loan pursuant to Section 2.03 or 2.04 during the related Prepayment Period (other than the related Discount Fraction of such Stated Principal Balance or shortfall with respect to a Discount Mortgage Loan); and (3) the principal portion of all other unscheduled collections (other than Principal Prepayments in Full and Curtailments and amounts received in connection with a Cash Liquidation or REO Disposition of a Mortgage Loan described in Section 4.02(a)(ii)(Y)(B), including without limitation Insurance Proceeds, Liquidation Proceeds and REO Proceeds) received during the related Prepayment Period (or deemed to have been so received in accordance with Section 3.07(b)) to the extent applied by the Master Servicer as recoveries of principal of the related Mortgage Loan pursuant to Section 3.14 (other than the related Discount Fraction of the principal portion of such unscheduled, collections, with respect to a Discount Mortgage Loan); 110 (B) with respect to each Mortgage Loan for which a Cash Liquidation or a REO Disposition occurred during the related Prepayment Period (or was deemed to have occurred during such period in accordance with Section 3.07(b)) and did not result in any Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses, an amount equal to the lesser of (a) the Adjusted Senior Percentage for such Distribution Date times the Stated Principal Balance of such Mortgage Loan (other than the related Discount Fraction of such Stated Principal Balance, with respect to a Discount Mortgage Loan) and (b) the Adjusted Senior Accelerated Distribution Percentage for such Distribution Date times the related unscheduled collections (including without limitation Insurance Proceeds, Liquidation Proceeds and REO Proceeds) to the extent applied by the Master Servicer as recoveries of principal of the related Mortgage Loan pursuant to Section 3.14 (in each case other than the portion of such unscheduled collections, with respect to a Discount Mortgage Loan included in Section 4.02(b)(i)(C)); (C) the Adjusted Senior Accelerated Distribution Percentage for such Distribution Date times the aggregate of all Principal Prepayments in Full and Curtailments received in the related Prepayment Period (other than the related Discount Fraction of such Principal Prepayments in Full and Curtailments, with respect to a Discount Mortgage Loan); (D) any Excess Subordinate Principal Amount for such Distribution Date; (E) the Prepayment Lockout Certificates' pro rata share, based on the Certificate Principal Balance thereof relative to the aggregate of the Certificate Principal Balance of the Prepayment Lockout, Class M and Class B Certificates, of the unscheduled collections and prepayments referred to in clauses (B) and (C) above, to the extent such receipts are not payable to the Senior Certificates (other than the Prepayment Lockout Certificates) or the Class A-18 Certificates; 111 (F) any amounts described in subsection (ii)(Y), clauses (A), (B), (C) and (E) of this Section 4.02(a), as determined for any previous Distribution Date, which remain unpaid after application of amounts previously distributed pursuant to this clause (F) to the extent that such amounts are not attributable to Realized Losses which have been allocated to the Class M Certificates or Class B Certificates; (iii) if the Certificate Principal Balances of the Class M Certificates and Class B Certificates have not been reduced to zero, to the Master Servicer or a Subservicer, by remitting for deposit to the Custodial Account, to the extent of and in reimbursement for any Advances or Subservicer Advances previously made with respect to any Mortgage Loan or REO Property which remain unreimbursed in whole or in part following the Cash Liquidation or REO Disposition of such Mortgage Loan or REO Property, minus any such Advances that were made with respect to delinquencies that ultimately constituted Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses; (iv) to the Holders of the Class M-1 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, plus any Accrued Certificate Interest thereon remaining unpaid from any previous Distribution Date, except as provided below; (v) to the Holders of the Class M-1 Certificates, an amount equal to (x) the Subordinate Principal Distribution Amount for such Class of Certificates for such Distribution Date, minus (y) the amount of any Class A-18 Collection Shortfalls for such Distribution Date or remaining unpaid for all previous Distribution Dates, to the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(vii), (ix), (xi), (xiii), (xiv) and (xv) are insufficient therefor, applied in reduction of the Certificate Principal Balance of the Class M-1 Certificates; (vi) to the Holders of the Class M-2 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, plus any Accrued Certificate Interest thereon remaining unpaid from any previous Distribution Date, except as provided below; 112 (vii) to the Holders of the Class M-2 Certificates, an amount equal to (x) the Subordinate Principal Distribution Amount for such Class of Certificates for such Distribution Date, minus (y) the amount of any Class A-18 Collection Shortfalls for such Distribution Date or remaining unpaid for all previous Distribution Dates, to the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(ix), (xi), (xiii), (xiv) and (xv) are insufficient therefor, applied in reduction of the Certificate Principal Balance of the Class M-2 Certificates; (viii) to the Holders of the Class M-3 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, plus any Accrued Certificate Interest thereon remaining unpaid from any previous Distribution Date, except as provided below; (ix) to the Holders of the Class M-3 Certificates, an amount equal to (x) the Subordinate Principal Distribution Amount for such Class of Certificates for such Distribution Date minus (y) the amount of any Class A-18 Collection Shortfalls for such Distribution Date or remaining unpaid for all previous Distribution Dates, to the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(xi), (xiii), (xiv) and (xv) are insufficient therefor, applied in reduction of the Certificate Principal Balance of the Class M-3 Certificates; (x) to the Holders of the Class B-1 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, plus any Accrued Certificate Interest thereon remaining unpaid from any previous Distribution Date, except as provided below; (xi) to the Holders of the Class B-1 Certificates, an amount equal to (x) the Subordinate Principal Distribution Amount for such Class of Certificates for such Distribution Date minus (y) the amount of any Class A-18 Collection Shortfalls for such Distribution Date or remaining unpaid for all previous Distribution Dates, to the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(xiii), (xiv) and (xv) are insufficient therefor, applied in reduction of the Certificate Principal Balance of the Class B-1 Certificates; (xii) to the Holders of the Class B-2 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, plus any Accrued Certificate Interest thereon remaining unpaid from any previous Distribution Date, except as provided below; 113 (xiii) to the Holders of the Class B-2 Certificates, an amount equal to (x) the Subordinate Principal Distribution Amount for such Class of Certificates for such Distribution Date minus (y) the amount of any Class A-18 Collection Shortfalls for such Distribution Date or remaining unpaid for all previous Distribution Dates, to the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(xiv) and (xv) are insufficient therefor, applied in reduction of the Certificate Principal Balance of the Class B-2 Certificates; (xiv) to the Holders of the Class B-3 Certificates, an amount equal to (x) the Accrued Certificate Interest thereon for such Distribution Date, plus any Accrued Certificate Interest thereon remaining unpaid from any previous Distribution Date, except as provided below minus (y) the amount of any Class A-18 Collection Shortfalls for such Distribution Date or remaining unpaid for all previous Distribution Dates to the extent the amounts available pursuant to clause (x) of Section 4.02(a)(xv) are insufficient therefor; (xv) to the Holders of the Class B-3 Certificates, an amount equal to (x) the Subordinate Principal Distribution Amount for such Class of Certificates for such Distribution Date minus (y) the amount of any Class A-18 Collection Shortfalls for such Distribution Date or remaining unpaid for all previous Distribution Dates applied in reduction of the Certificate Principal Balance of the Class B-3 Certificates; (xvi) to Financial Security, as subrogee of the Insured Certificateholders, to reimburse Financial Security for claims paid under the FSA Policy, to the extent of Cumulative Insurance Payments on the Insured Certificates; 114 (xvii) to the Class A Certificateholders and Class R Certificateholders in the priority set forth in Section 4.02(b), the portion, if any, of the Available Distribution Amount remaining after the foregoing distributions, applied to reduce the Certificate Principal Balances of such Class A and Class R Certificates, but in no event more than the aggregate of the outstanding Certificate Principal Balances of each such Class of Class A and Class R Certificates, and thereafter, to each Class of Class M Certificates then outstanding beginning with such Class with the lowest numerical designation, any portion of the Available Distribution Amount remaining after the Class A Certificates and Class R Certificates have been retired, applied to reduce the Certificate Principal Balance of each such Class of Class M Certificates, but in no event more than the outstanding Certificate Principal Balance of each such Class of Class M Certificates; and thereafter to each such Class of Class B Certificates then outstanding beginning with such Class with the lowest numerical designation, any portion of the Available Distribution Amount remaining after the Class M Certificates have been retired, applied to reduce the Certificate Principal Balance of each such Class of Class B Certificates, but in no event more than the outstanding Certificate Principal Balance of each such Class of Class B Certificates; and (xviii) to the Class R Certificateholders, the balance, if any, of the Available Distribution Amount. Notwithstanding the foregoing, on any Distribution Date, with respect to the Class of Class B Certificates outstanding on such Distribution Date with the highest numerical designation, or in the event the Class B Certificates are no longer outstanding, the Class of Class M Certificates then outstanding with the highest numerical designation, or in the event the Class B Certificates and Class M Certificates are no longer outstanding, the Class A and Class R Certificates, Accrued Certificate Interest thereon remaining unpaid and Excess Spread remaining unpaid from any previous Distribution Date will be distributable only to the extent that such unpaid Accrued Certificate Interest or Excess Spread was attributable to interest shortfalls relating to Nonrecoverable Advances as determined by the Master Servicer with respect to the related Mortgage Loan where such Mortgage Loan has not yet been the subject of a Cash Liquidation or REO Disposition. (b) Distributions of principal on the Class A Certificates (other than the Class A-14 Certificates) and Class R Certificates on each Distribution Date occurring prior to the occurrence of the Credit Support Depletion Date will be made as follows: 115 (i) first, to the Class A-18 Certificates, until the Certificate Principal Balance thereof is reduced to zero, an amount (the "Class A-18 Principal Distribution Amount") equal to the aggregate of: (A) the related Discount Fraction of the principal portion of each Monthly Payment on each Discount Mortgage Loan due during the related Due Period, whether or not received on or prior to the related Determination Date, minus the Discount Fraction of the principal portion of any related Debt Service Reduction which together with other Bankruptcy Losses exceeds the Bankruptcy Amount; (B) the related Discount Fraction of the principal portion of all unscheduled collections on each Discount Mortgage Loan received during the preceding calendar month (other than amounts received in connection with a Cash Liquidation or REO Disposition of a Discount Mortgage Loan described in clause (C) below), including Principal Prepayments in Full, Curtailments and repurchases (including deemed repurchases under Section 3.07(b)) of Discount Mortgage Loans (or, in the case of a substitution of a Deleted Mortgage Loan, the Discount Fraction of the amount of any shortfall deposited in the Custodial Account in connection with such substitution); (C) in connection with the Cash Liquidation or REO Disposition of a Discount Mortgage Loan that did not result in any Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses, an amount equal to the lesser of (1) the applicable Discount Fraction of the Stated Principal Balance of such Discount Mortgage Loan immediately prior to such Distribution Date and (2) the aggregate amount of the collections on such Mortgage Loan to the extent applied as recoveries of principal; (D) any amounts allocable to principal for any previous Distribution Date (calculated pursuant to clauses (A) through (C) above) that remain undistributed; and 116 (E) the amount of any Class A-18 Collection Shortfalls for such Distribution Date and the amount of any Class A-18 Collection Shortfalls remaining unpaid for all previous Distribution Dates, but only to the extent of the Eligible Funds for such Distribution Date; (ii) an amount equal to the sum of (A) the Prepayment Lockout Certificates' pro rata share, based on the Certificate Principal Balance thereof relative to the Certificate Principal Balance of all other classes of Senior Certificates (other than the Class A-18 Certificates), of the aggregate of the amounts set forth in clauses 4.02(a)(ii)(Y)(A), (D) and (F) and (B) the amount described in clause 4.02(a)(ii)(Y)(E) shall be distributed to the Prepayment Lockout Certificates in reduction of the Certificate Principal Balance thereof; PROVIDED that if the aggregate of the amounts set forth in clauses 4.02(a)(ii)(Y)(A) through (F) is more than the balance of the Available Distribution Amount remaining after the Senior Interest Distribution Amount and the Class A-18 Principal Distribution Amount have been distributed, the amount paid to the Prepayment Lockout Certificates pursuant to this clause 4.02(b)(ii) shall be reduced by an amount equal to the Prepayment Lockout Certificates' pro rata share of such difference; (iii) the balance of the Senior Principal Distribution Amount, if any, remaining after the distributions described in clause 4.02(b)(ii) above shall be distributed to the Class R-I Certificates and Class R-II Certificates, concurrently, with such amount to be allocated to the Class R-I Certificates and Class R-II Certificates on a pro rata basis (in proportion to their respective Certificate Principal Balances), until the Certificate Principal Balances thereof have been reduced to zero; (iv) the balance, if any, of the Senior Principal Distribution Amount remaining after the distributions described in clauses 4.02(b)(ii) and 4.02(b)(iii) above shall be distributed as follows: (A) first, 16.6457599632%, 45.8652185996%, 4.5841304868%, 25.8246938482% and 7.0801971022% concurrently to the Class A-1, Class A-2, Class A-11, Class A-12 and Class A-13 Certificates, respectively, until the Certificate Principal Balance of the Class A-1 Certificates has been reduced to zero; 117 (B) second, 45.8652185996%, 6.6158180289%, 3.7500834147%, 4.5841304868%, 25.8246938482%, 7.0801971022% and 6.2798585196% concurrently to the Class A-2, Class A-3, Class A-9, Class A-11, Class A-12, Class A-13 and Class A-17 Certificates, respectively, until the Certificate Principal Balances of the Class A-2, Class A-3, Class A-11, Class A- 12, Class A-13 and Class A-17 Certificates have been reduced to zero; (C) third, 62.6720544866%, 24.0893856605% and 13.2385598529% concurrently to the Class A-7, Class A-9 and Class A-15 Certificates, respectively, until the Certificate Principal Balance of the Class A-9 Certificates has been reduced to zero; (D) fourth, 62.6720544866%, 24.0893856605% and 13.2385598529% concurrently to the Class A-7, Class A-10 and Class A-15 Certificates, respectively, until the Certificate Principal Balance of the Class A-10 Certificates has been reduced to zero; (E) fifth, 62.6720544866%, 13.2385598529% and 24.0893856605% concurrently to the Class A-7, Class A-15 and Class A-16 Certificates, respectively, until the Certificate Principal Balances of the Class A-7 Certificates and Class A-15 Certificates have been reduced to zero; and (F) sixth, 23.3572668189%, 5.2268009664%, 44.2440534934%, and 27.1718787213% concurrently to the Class A-5, Class A-6, Class A-8 and Class A-16 Certificates, respectively, until the Certificate Principal Balances thereof have been reduced to zero. 118 (c) On or after the occurrence of the Credit Support Depletion Date, all priorities relating to distributions as described in Section 4.02(b) above in respect of principal among the various classes of Senior Certificates (other than the Class A-18 Certificates) will be disregarded, an amount equal to the Discount Fraction of the principal portion of scheduled payments and unscheduled collections received or advanced in respect of the Discount Mortgage Loans will be distributed to the Class A-18 Certificates, and the Senior Principal Distribution Amount will be distributed to all classes of Senior Certificates (other than the Class A-18 Certificates) pro rata in accordance with their respective outstanding Certificate Principal Balances and the amount set forth in Section 4.02(a)(i) will be distributed as set forth therein. (d) After reduction of the Certificate Principal Balances of the Senior Certificates (other than the Class A-18 Certificates) to zero but prior to the occurrence of the Credit Support Depletion Date, the Senior Certificates (other than the Class A-18 Certificates) will be entitled to no further distributions of principal thereon and the Available Distribution Amount will be paid solely to the holders of the Class A-18, Class M and Class B Certificates and the owner of the Excess Spread, in each case as described herein. 119 (e) After reduction of the Certificate Principal Balances of the Senior Certificates (other than the Prepayment Lockout Certificates and Class A-18 Certificates) to zero but prior to the occurrence of the Credit Support Depletion Date, the Available Distribution Amount will be paid solely to the holders of the Prepayment Lockout, Class A-18, Class M and Class B Certificates and the owner of the Excess Spread, in each case as described herein, provided that (i) on any Distribution Date prior to the Distribution Date occurring in June 2001 on which the Subordinate Percentage is equal to or greater than twice the initial Subordinate Percentage before giving effect to distributions on such Distribution Date and the loss and delinquency tests in the proviso set forth in the definition of Adjusted Senior Accelerated Distribution Percentage herein are satisfied, (A) which also occurs prior to the Distribution Date occurring in June 1999, the aggregate amount of all full and partial Principal Prepayments made by the respective Mortgagors (other than the related Discount Fraction of such Principal Prepayments, with respect to each Discount Mortgage Loan) during the preceding calendar month will be distributed as follows: the Class M Certificates and Class B Certificates in the aggregate will receive 50% of their pro rata share of such Principal Prepayments and the Prepayment Lockout Certificates will receive the remainder of such Principal Prepayments or (B) which also occurs on or following the Distribution Date occurring in June 1999, such Principal Prepayments will be distributed on a pro rata basis between the Prepayment Lockout Certificates and the Class M Certificates and Class B Certificates, collectively, and (ii) on any Distribution Date (A) occurring prior to the Distribution Date occurring in June 2001 on which the Subordinate Percentage is less than twice the initial Subordinate Percentage before giving effect to distributions on such Distribution Date, (B) occurring on or after June 2001 and prior to the Distribution Date occurring in June 2005 on which (1) the aggregate Certificate Principal Balance of the Class M Certificates and Class B Certificates is less than 50% of the Certificate Principal Balance of the Prepayment Lockout Certificates or (2) the outstanding principal balance of Mortgage Loans delinquent 60 days or more is greater than one-half of the aggregate Certificate Principal Balance of the Class M Certificates and Class B Certificates immediately prior to such Distribution Date and (C) occurring on or after the Distribution Date occurring in June 2005 on which the Subordinate Percentage is less than the initial Subordinate Percentage, all Principal Prepayments will be distributed to the Holders of the Prepayment Lockout Certificates. 120 (f) In addition to the foregoing distributions on the Insured Certificates, the Master Servicer on behalf of the Trustee or the Paying Agent appointed by the Trustee shall distribute on each Distribution Date the amount, if any, paid under the Policy and transferred to the Certificate Account with respect to such Distribution Date pursuant to Section 11.02(b). 121 (g) In addition to the foregoing distributions, with respect to any Mortgage Loan that was previously the subject of a Cash Liquidation or an REO Disposition that resulted in a Realized Loss, in the event that within two years of the date on which such Realized Loss was determined to have occurred the Master Servicer receives amounts, which the Master Servicer reasonably believes to represent subsequent recoveries (net of any related liquidation expenses), or determines that it holds surplus amounts previously reserved to cover estimated expenses, specifically related to such Mortgage Loan (including, but not limited to, recoveries in respect of the representations and warranties made by the related Seller pursuant to the applicable Seller's Agreement), the Master Servicer shall distribute such amounts to the applicable Certificateholders of the Class or Classes to which such Realized Loss was allocated (or to Financial Security, as subrogee for such Certificateholders, to the extent Financial Security made an FSA Insurance Payment in respect of such Realized Loss) or to the Owner of the Excess Spread, if applicable, (with the amounts to be distributed allocated among such Classes and the Excess Spread in the same proportions as such Realized Loss was allocated), subject to the following: No such distribution shall be in an amount that would result in total distributions in respect of Excess Spread or on the Certificates of any such Class in excess of the total amounts of principal and interest that would have been distributable thereon if such Cash Liquidation or REO Disposition had occurred but had resulted in a Realized Loss equal to zero. Notwithstanding the foregoing, no such distribution shall be made with respect to the Excess Spread or the Certificates of any Class to the extent that either (i) such Excess Spread or Class was protected against the related Realized Loss pursuant to any instrument or fund established under Section 12.01(e) or (ii) such Excess Spread or Class of Certificates has been deposited into a separate trust fund or other structuring vehicle and separate certificates or other instruments representing interests therein have been issued in one or more classes, and any of such separate certificates or other instruments was protected against the related Realized Loss pursuant to any limited guaranty, payment obligation, irrevocable letter of credit, surety bond, insurance policy or similar instrument or a reserve fund, or a combination thereof. Any amount to be so distributed with respect to the Certificates of any Class shall be distributed by the Master Servicer to the Certificateholders of record as of the Record Date immediately preceding the date of such distribution, on a pro rata basis based on the Percentage Interest represented by each Certificate of such Class as of such Record Date. Any amounts to be so distributed shall not be remitted to or distributed from the Trust Fund, and shall constitute subsequent recoveries with respect to Mortgage Loans that are no longer assets of the Trust Fund. 122 (h) Each distribution with respect to a Book-Entry Certificate shall be paid to the Depository, as Holder thereof, and the Depository shall be responsible for crediting the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating brokerage firm (a "brokerage firm" or "indirect participating firm") for which it acts as agent. Each brokerage firm shall be responsible for disbursing funds to the Certificate Owners that it represents. None of the Trustee, the Certificate Registrar, the Company or the Master Servicer shall have any responsibility therefor except as otherwise provided by this Agreement or applicable law. (i) Except as otherwise provided in Section 9.01, if the Master Servicer anticipates that a final distribution with respect to any Class of Certificates will be made on the next Distribution Date, the Master Servicer shall, no later than the Determination Date in the month of such final distribution, notify the Trustee and the Trustee shall, no later than two (2) Business Days after such Determination Date, mail on such date to each Holder of such Class of Certificates a notice to the effect that: (i) the Trustee anticipates that the final distribution with respect to such Class of Certificates will be made on such Distribution Date but only upon presentation and surrender of such Certificates at the office of the Trustee or as otherwise specified therein, and (ii) no interest shall accrue on such Certificates from and after the end of the prior calendar month. In the event that Certificateholders required to surrender their Certificates pursuant to Section 9.01(c) do not surrender their Certificates for final cancellation, the Trustee shall cause funds distributable with respect to such Certificates to be withdrawn from the Certificate Account and credited to a separate escrow account for the benefit of such Certificateholders as provided in Section 9.01(d). Section 4.03. Statements to Certificateholders and the Owner of the Excess Spread. ---------------------------------------- (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall forward by mail to each Holder, the Owner of the Excess Spread, Financial Security and the Company a statement setting forth the following information as to the Excess Spread and each Class of Certificates to the extent applicable: 123 (i) (a) the amount of such distribution to the Certificateholders of such Class applied to reduce the Certificate Principal Balance thereof, and (b) the aggregate amount included therein representing Principal Prepayments; (ii) the amount of such distribution to Holders of such Class of Certificates allocable to interest and to the Owner of the Excess Spread; (iii) if the distribution to the Holders of such Class of Certificates or such Owner is less than the full amount that would be distributable to such Holders or Owner if there were sufficient funds available therefor, the amount of the shortfall; (iv) the amount of any Advance by the Master Servicer pursuant to Section 4.04; (v) the number and Pool Stated Principal Balance of the Mortgage Loans after giving effect to the distribution of principal on such Distribution Date; (vi) the Guaranteed Distribution for such Distribution Date, and the respective portions thereof allocable to principal and interest for each Class of Insured Certificates; (vii) the amount of any FSA Insurance Payment made on such Distribution Date, the amount of any reimbursement payment made to Financial Security on such Distribution Date pursuant to Sections 4.02(a)(xvi) and the amount of Cumulative Insurance Payments after giving effect to any such FSA Insurance Payment or any such reimbursement payment to Financial Security; (viii) the aggregate Certificate Principal Balance of each Class of Certificates, and each of the Senior, Class M and Class B Percentages, after giving effect to the amounts distributed on such Distribution Date, separately identifying any reduction thereof due to Realized Losses other than pursuant to an actual distribution of principal; (ix) the related Subordinate Principal Distribution Amount and Prepayment Distribution Percentage, if applicable; 124 (x) on the basis of the most recent reports furnished to it by Subservicers, the number and aggregate principal balances of Mortgage Loans that are delinquent (A) one month, (B) two months and (C) three months and the number and aggregate principal balance of Mortgage Loans that are in foreclosure; (xi) the number, aggregate principal balance and book value of any REO Properties; (xii) the aggregate Accrued Certificate Interest remaining unpaid, if any, for each Class of Certificates, after giving effect to the distribution made on such Distribution Date; (xiii) the Pass-Through Rates on the Class A-13 Certificates and Class A-14 Certificates for such Distribution Date, separately identifying LIBOR for such Distribution Date; (xiv) the Special Hazard Amount, Fraud Loss Amount and Bankruptcy Amount as of the close of business on such Distribution Date and a description of any change in the calculation of such amounts; (xv) the weighted average Spread Rate for such Distribution Date; (xvi) the occurrence of the Credit Support Depletion Date and the Accretion Termination Date; (xvii) the Adjusted Senior Accelerated Distribution Percentage applicable to such distribution; (xviii) the Adjusted Senior Percentage for such Distribution Date; (xix) the aggregate amount of Realized Losses for such Distribution Date; (xx) the aggregate amount of any recoveries on previously foreclosed loans from Sellers due to a breach of representation or warranty; (xxi) the weighted average remaining term to maturity of the Mortgage Loans after giving effect to the amounts distributed on such Distribution Date; (xxii) the weighted average Mortgage Rates of the Mortgage Loans after giving effect to the amounts distributed on such Distribution Date; and 125 (xxiii) the occurrence of the Senior Principal Adjustment Date. In the case of information furnished pursuant to clauses (i) and (ii) above, the amounts shall be expressed as a dollar amount per Certificate with a $1,000 denomination. In addition to the statement provided to the Trustee as set forth in this Section 4.03(a), the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Owner of the Excess Spread or the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A. Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer. -------------------------------------------- 126 (a) Prior to the close of business on the Business Day next succeeding each Determination Date, the Master Servicer shall furnish a written statement to the Trustee, Financial Security, any Paying Agent and the Company (the information in such statement to be made available to Certificateholders and the Owner of the Excess Spread by the Master Servicer on request) setting forth (i) the Available Distribution Amount; (ii) the amounts required to be withdrawn from the Custodial Account and the Insured Reserve Fund and deposited into the Certificate Account on the immediately succeeding Certificate Account Deposit Date pursuant to clause (iii) of Section 4.01(a); (iii) the amount of the Insurance Premium; and (iv) the amount of Cumulative Insurance Payments as of such Determination Date. The determination by the Master Servicer of such amounts shall, in the absence of obvious error, be presumptively deemed to be correct for all purposes hereunder and the Trustee shall be protected in relying upon the same without any independent check or verification. 127 (b) On or before 2:00 P.M. New York time on each Certificate Account Deposit Date, the Master Servicer shall either (i) deposit in the Certificate Account from its own funds, or funds received therefor from the Subservicers, an amount equal to the Advances to be made by the Master Servicer in respect of the related Distribution Date, which shall be in an aggregate amount equal to the aggregate amount of Monthly Payments (with each interest portion thereof adjusted to the Net Mortgage Rate), less the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect, on the Outstanding Mortgage Loans as of the related Due Date, which Monthly Payments were delinquent as of the close of business as of the related Determination Date; provided that no Advance shall be made if it would be a Nonrecoverable Advance, (ii) withdraw from amounts on deposit in the Custodial Account and deposit in the Certificate Account all or a portion of the Amount Held for Future Distribution in discharge of any such Advance, or (iii) make advances in the form of any combination of (i) and (ii) aggregating the amount of such Advance. Any portion of the Amount Held for Future Distribution so used shall be replaced by the Master Servicer by deposit in the Certificate Account on or before 11:00 A.M. New York time on any future Certificate Account Deposit Date to the extent that funds attributable to the Mortgage Loans that are available in the Custodial Account for deposit in the Certificate Account on such Certificate Account Deposit Date shall be less than payments to Certificateholders and the Excess Spread required to be made on the following Distribution Date. The Master Servicer shall be entitled to use any Advance made by a Subservicer as described in Section 3.07(b) that has been deposited in the Custodial Account on or before such Distribution Date as part of the Advance made by the Master Servicer pursuant to this Section 4.04. The amount of any reimbursement pursuant to Section 4.02(a)(iii) in respect of outstanding Advances on any Distribution Date shall be allocated to specific Monthly Payments due but delinquent for previous Due Periods, which allocation shall be made, to the extent practicable, to Monthly Payments which have been delinquent for the longest period of time. Such allocations shall be conclusive for purposes of reimbursement to the Master Servicer from recoveries on related Mortgage Loans pursuant to Section 3.10. The determination by the Master Servicer that it has made a Nonrecoverable Advance or that any proposed Advance, if made, would constitute a Nonrecoverable Advance, shall be evidenced by a certificate of a Servicing Officer delivered to the Seller and the Trustee. 128 In the event that the Master Servicer determines as of the Business Day preceding any Certificate Account Deposit Date that it will be unable to deposit in the Certificate Account an amount equal to the Advance required to be made for the immediately succeeding Distribution Date, it shall give notice to the Trustee of its inability to advance (such notice may be given by telecopy), not later than 3:00 P.M., New York time, on such Business Day, specifying the portion of such amount that it will be unable to deposit. Not later than 3:00 P.M., New York time, on the Certificate Account Deposit Date the Trustee shall, unless by 12:00 Noon, New York time, on such day the Trustee shall have been notified in writing (by telecopy) that the Master Servicer shall have directly or indirectly deposited in the Certificate Account such portion of the amount of the Advance as to which the Master Servicer shall have given notice pursuant to the preceding sentence, pursuant to Section 7.01, (a) terminate all of the rights and obligations of the Master Servicer under this Agreement in accordance with Section 7.01 and (b) assume the rights and obligations of the Master Servicer hereunder, including the obligation to deposit in the Certificate Account an amount equal to the Advance for the immediately succeeding Distribution Date. The Trustee shall deposit all funds it receives pursuant to this Section 4.04 into the Certificate Account. Section 4.05. Allocation of Realized Losses. ----------------------------- 129 Prior to each Distribution Date, the Master Servicer shall determine the total amount of Realized Losses, if any, that resulted from any Cash Liquidation, Debt Service Reduction, Deficient Valuation or REO Disposition that occurred during the related Prepayment Period. The amount of each Realized Loss shall be evidenced by an Officers' Certificate. All Realized Losses, other than Excess Special Hazard Losses, Extraordinary Losses, Excess Bankruptcy Losses or Excess Fraud Losses, shall be allocated as follows: first, to the Class B-3 Certificates until the Certificate Principal Balance thereof has been reduced to zero; second, to the Class B-2 Certificates until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class B-1 Certificates until the Certificate Principal Balance thereof has been reduced to zero; fourth, to the Class M-3 Certificates until the Certificate Principal Balance thereof has been reduced to zero; fifth, to the Class M-2 Certificates until the Certificate Principal Balance thereof has been reduced to zero; sixth, to the Class M-1 Certificates until the Certificate Principal Balance thereof has been reduced to zero; and, thereafter, among all the Class A Certificates, Class R Certificates and, in respect of the interest portion of such Realized Losses, the Excess Spread, on a pro rata basis, as described below. Any Excess Special Hazard Losses, Excess Bankruptcy Losses, Excess Fraud Losses and Extraordinary Losses will be allocated among the Class A, Class M, Class B and Class R Certificates, and, in respect of the interest portion of such Realized Losses, the Excess Spread, on a pro rata basis, as described below. 130 As used herein, an allocation of a Realized Loss on a "pro rata basis" among two or more specified Classes of Certificates and the Excess Spread means an allocation on a pro rata basis, among the various Classes so specified and the Excess Spread, to each such Class of Certificates on the basis of their then outstanding Certificate Principal Balances or amount prior to giving effect to distributions to be made on such Distribution Date in the case of the principal portion of a Realized Loss or based on the Accrued Certificate Interest thereon or amount of Excess Spread payable on such Distribution Date (without regard to any Compensating Interest for such Distribution Date) in the case of an interest portion of a Realized Loss. Except as provided in the following sentence, any allocation of the principal portion of Realized Losses (other than Debt Service Reductions) to a Class of Certificates shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated, which allocation shall be deemed to have occurred on such Distribution Date. Any allocation of the principal portion of Realized Losses (other than Debt Service Reductions) to the Class B Certificates or, after the Certificate Principal Balances of the Class B Certificates have been reduced to zero, to the Class of Class M Certificates then outstanding with the highest numerical designation shall be made by operation of the definition of "Certificate Principal Balance" and by operation of the provisions of Section 4.02(a). Allocations of the interest portions of Realized Losses shall be made by operation of the definition of "Accrued Certificate Interest" and by operation of the provisions of Section 4.02(a). Allocations of the principal portion of Debt Service Reductions shall be made by operation of the provisions of Section 4.02(a). All Realized Losses and all other losses allocated to a Class of Certificates hereunder will be allocated among the Certificates of such Class in proportion to the Percentage Interests evidenced thereby. Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property. --------------------------------------- The Master Servicer or the Subservicers shall file information returns with respect to the receipt of mortgage interests received in a trade or business, the reports of foreclosures and abandonments of any Mortgaged Property and the information returns relating to cancellation of indebtedness income with respect to any Mortgaged Property required by Sections 6050H, 6050J and 6050P, respectively, of the Code, and deliver to the Trustee an Officers' Certificate on or before March 31 of each year stating that such reports have been filed. Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by Sections 6050H, 6050J and 6050P of the Code. 131 Section 4.07. Optional Purchase of Defaulted Mortgage Loans. --------------------------------------- As to any Mortgage Loan which is delinquent in payment by 90 days or more, the Master Servicer may, at its option, purchase such Mortgage Loan from the Trustee at the Purchase Price therefor. If at any time the Master Servicer makes a payment to the Certificate Account covering the amount of the Purchase Price for such a Mortgage Loan, and the Master Servicer provides to the Trustee a certification signed by a Servicing Officer stating that the amount of such payment has been deposited in the Certificate Account, then the Trustee shall execute the assignment of such Mortgage Loan at the request of the Master Servicer without recourse to the Master Servicer which shall succeed to all the Trustee's right, title and interest in and to such Mortgage Loan, and all security and documents relative thereto. Such assignment shall be an assignment outright and not for security. The Master Servicer will thereupon own such Mortgage, and all such security and documents, free of any further obligation to the Trustee or the Certificateholders with respect thereto. Notwithstanding anything to the contrary in this Section 4.07, the Master Servicer shall continue to service any such Mortgage Loan after the date of such purchase in accordance with the terms of this Agreement and, if any Realized Loss with respect to such Mortgage Loan occurs, allocate such Realized Loss to the Class or Classes of Certificates that would have borne such Realized Loss in accordance with the terms hereof as if such Mortgage Loan had not been so purchased. For purposes of this Agreement, a payment of the Purchase Price by the Master Servicer pursuant to this Section 4.07 will be viewed as an advance, and the amount of any Realized Loss shall be recoverable pursuant to the provisions for the recovery of unreimbursed Advances under Section 4.02(a) or, to the extent not recoverable under such provisions, as a Nonrecoverable Advance as set forth herein. Section 4.08. Distributions on the Uncertificated REMIC I and REMIC II Regular Interests. ------------------------------------------- (a) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the Uncertificated REMIC I Regular Interests, the Uncertificated REMIC I Regular Interest Distribution Amounts in the following order of priority to the extent of the Available Distribution Amount reduced by distributions made to the Class R-I Certificates pursuant to Section 4.02(a): 132 (i) Uncertificated Accrued Interest on the Uncertificated REMIC I Regular Interests for such Distribution Date, plus any Uncertificated Accrued Interest thereon remaining unpaid from any previous Distribution Date; and (ii) In accordance with the priority set forth in Section 4.08(b), an amount equal to the sum of the amounts in respect of principal distributable on the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A- 18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates under Section 4.02(a), as allocated thereto pursuant to Section 4.02(b). (b) The amount described in Section 4.08(a)(ii) shall be deemed distributed to (i) Uncertificated REMIC I Regular Interest U, (ii) Uncertificated REMIC I Regular Interest V, (iii) Uncertificated REMIC I Regular Interest W, (iv) Uncertificated REMIC I Regular Interest X and (v) Uncertificated REMIC I Regular Interest Y with the amount to be distributed allocated among such interests in accordance with the priority assigned to the (i) Class A-13 and Class A-14 Certificates, (ii) Class A-11 Certificates, (iii) Class A-12 Certificates, (iv) Class A-18 Certificates and (v) Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A- 9, Class A-10, Class A-15, Class A-16, Class A-17, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates, respectively, under Section 4.02(b) until the Uncertificated Principal Balance of each such interest is reduced to zero. (c) The portion of the Uncertificated REMIC I Regular Interest Distribution Amounts described in Section 4.08(a)(ii) shall be deemed distributed by REMIC I to REMIC II in accordance with the priority assigned to the REMIC II Certificates relative to that assigned to the REMIC I Certificates under Section 4.02(b). 133 (d) In determining from time to time the Uncertificated REMIC I Regular Interest U Distribution Amount, Uncertificated REMIC I Regular Interest V Distribution Amount, Uncertificated REMIC I Regular Interest W Distribution Amount, Uncertificated REMIC I Regular Interest X Distribution Amount, Uncertificated REMIC I Regular Interest Y Distribution Amount and Uncertificated REMIC I Regular Interest Z Distribution Amount, Realized Losses allocated to the Class A-13 and Class A-14 Certificates under Section 4.05 shall be deemed allocated to Uncertificated REMIC I Regular Interest U; Realized Losses allocated to the Class A-11 Certificates under Section 4.05 shall be deemed allocated to Uncertificated REMIC I Regular Interest V; Realized Losses allocated to the Class A-12 Certificates under Section 4.05 shall be deemed allocated to Uncertificated REMIC I Regular Interest W; Realized Losses allocated to the Class A-18 Certificates under Section 4.05 shall be deemed allocated to Uncertificated REMIC I Regular Interest X; Realized Losses allocated to the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A- 6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-14, Class A-15, Class A- 16, Class A-17, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates under Section 4.05 shall be deemed allocated to Uncertificated REMIC I Regular Interest Y; and Realized Losses allocated to the Excess Spread under Section 4.05 shall be deemed allocated to the Uncertificated REMIC I Regular Interest Z. (e) On each Distribution Date the Trustee shall be deemed to distribute from REMIC II, in the priority set forth in Sections 4.02(a) and (b), to the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates and to the Owner of the Excess Spread the amounts distributable thereon, from the Uncertificated REMIC I Regular Interest Distribution Amounts deemed to have been received by REMIC II from REMIC I under this Section 4.08. (f) Notwithstanding the deemed distributions on the Uncertificated REMIC I Regular Interests and to the Owner of the Excess Spread described in this Section 4.08, distributions of funds from the Certificate Account shall be made only in accordance with Section 4.02. Section 4.09. Insured Reserve Fund. -------------------- 134 No later than the Closing Date, the Trustee will establish and maintain with itself one or more segregated trust accounts that are Eligible Accounts, which shall be titled "Insured Reserve Fund, The First National Bank of Chicago, as trustee for the registered holders of Residential Funding Mortgage Securities I, Inc., Mortgage Pass-Through Certificates, Series 1994- S14, Class A-3, Class A-5, Class A-6, Class A-9, Class A-10, Class A-15 and Class A-16." On the Closing Date, the Donaldson, Lufkin & Jenrette Securities Corporation (the "Underwriter") shall deposit with the Trustee, and the Trustee shall deposit into the Insured Reserve Fund, cash in an amount equal to $27,500. The Master Servicer shall direct the Trustee in writing on each Distribution Date to withdraw amounts on deposit in the Insured Reserve Fund for deposit into the Certificate Account, and to pay to the holders of the Insured Certificates pursuant to Section 4.02(a)(i) to cover the amount of Prepayment Interest Shortfalls otherwise allocable thereto under this Agreement, in proportion to the amount of Prepayment Interest Shortfalls (to the extent not offset by the Master Servicer pursuant to Section 4.04 hereof) allocated to the Insured Certificates, and to the extent of funds on deposit in the Insured Reserve Fund (the amount of such withdrawal for any Distribution Date, the "Insured Reserve Withdrawal"). For federal income tax purposes, the Underwriter shall be the owner of the Reserve Fund and shall report all items of income, deduction, gain or loss arising therefrom. Notwithstanding anything herein to the contrary, the Insured Reserve Fund shall not be an asset of the REMIC. The Insured Reserve Fund shall be invested in Permitted Investments at the direction of the Underwriter. All income and gain realized from investment of funds deposited in the Insured Reserve Fund shall be for the sole and exclusive benefit of the Underwriter and shall be remitted by the Trustee to the Underwriter semi-annually on the first Business Day of the month following such Distribution Date. The balance, if any, remaining in the Insured Reserve Fund on the Distribution Date on which the Certificate Principal Balance of the Insured Certificates is reduced to zero will be distributed by the Trustee to the Underwriter. To the extent that the Insured Reserve Fund constitutes a reserve fund for federal income tax purposes, (1) it shall be an outside reserve fund and not an asset of the REMIC and (2) it shall be owned by the Underwriter, all within the meaning of Section 1.860G-2(h) of the Treasury Regulations. The Insured Reserve Fund may not be owned by more than one Person. 135 ARTICLE V THE CERTIFICATES AND EXCESS SPREAD Section 5.01. The Certificates. ---------------- (a) The Class A, Class M, Class B and Class R Certificates, respectively, shall be substantially in the forms set forth in Exhibits A, B, C and D and shall, on original issue, be executed and delivered by the Trustee to the Certificate Registrar for authentication and delivery to or upon the order of the Company upon receipt by the Trustee or one or more Custodians of the documents specified in Section 2.01. The Certificates, other than the Class A- 14 and Class R Certificates, shall be issuable in minimum dollar denominations of $25,000 (or $1,000 in the case of the Insured Certificates and $250,000 in the case of the Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates) and integral multiples of $1 (in the case of the Class A-1, Class A-2, Class A-4, Class A-7, Class A-8, Class A-11, Class A-12, Class A-13 and Class A-17 Certificates) and $1,000 (in the case of all other Classes of Certificates) in excess thereof, except that one Certificate of each of the Class A-18, Class M-1, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates may be issued in a denomination equal to the denomination set forth as follows for such Class or the sum of such denomination and an integral multiple of $1,000: Class A-18 $ 25,848.10 Class M-1 $ 25,900.00 Class M-3 $250,500.00 Class B-1 $250,200.00 Class B-2 $250,200.00 Class B-3 $250,031.75 The Class A-14 and Class R Certificates shall be issuable in minimum denominations of not less than a 20% Percentage Interest; provided, however, -------- ------- that one Class R-I Certificate and one Class R-II Certificate will be issuable to Residential Funding as "tax matters person" pursuant to Section 10.01(c) and (e) in a minimum denomination representing a Percentage Interest of not less than 0.01%. 136 The Certificates shall be executed by manual or facsimile signature on behalf of an authorized officer of the Trustee. Certificates bearing the manual or facsimile signatures of individuals who were at any time the proper officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificates. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless there appears on such Certificate a certificate of authentication substantially in the form provided for herein executed by the Certificate Registrar by manual signature, and such certificate upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. (b) The Class A Certificates, other than the Class A-14 Certificates and Class A-18 Certificates, shall initially be issued as one or more Certificates registered in the name of the Depository or its nominee and, except as provided below, registration of such Certificates may not be transferred by the Trustee except to another Depository that agrees to hold such Certificates for the respective Certificate Owners with Ownership Interests therein. The Certificateholders shall hold their respective Ownership Interests in and to each of the Class A Certificates, other than the Class A-14 Certificates and Class A-18 Certificates, through the book-entry facilities of the Depository and, except as provided below, shall not be entitled to Definitive Certificates in respect of such Ownership Interests. All transfers by Certificate Owners of their respective Ownership Interests in the Book-Entry Certificates shall be made in accordance with the procedures established by the Depository Participant or brokerage firm representing such Certificate Owner. Each Depository Participant shall transfer the Ownership Interests only in the Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository's normal procedures. 137 The Trustee, the Master Servicer and the Company may for all purposes (including the making of payments due on the respective Classes of Book-Entry Certificates) deal with the Depository as the authorized representative of the Certificate Owners with respect to the respective Classes of Book-Entry Certificates for the purposes of exercising the rights of Certificateholders hereunder. The rights of Certificate Owners with respect to the respective Classes of Book-Entry Certificates shall be limited to those established by law and agreements between such Certificate Owners and the Depository Participants and brokerage firms representing such Certificate Owners. Multiple requests and directions from, and votes of, the Depository as Holder of any Class of Book- Entry Certificates with respect to any particular matter shall not be deemed inconsistent if they are made with respect to different Certificate Owners. The Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Certificateholders and shall give notice to the Depository of such record date. If (i)(A) the Company advises the Trustee in writing that the Depository is no longer willing or able to properly discharge its responsibilities as Depository and (B) the Company is unable to locate a qualified successor or (ii) the Company at its option advises the Trustee in writing that it elects to terminate the book-entry system through the Depository, the Trustee shall notify all Certificate Owners, through the Depository, of the occurrence of any such event and of the availability of Definitive Certificates to Certificate Owners requesting the same. Upon surrender to the Trustee of the Book-Entry Certificates by the Depository, accompanied by registration instructions from the Depository for registration of transfer, the Trustee shall issue the Definitive Certificates. Neither the Company, the Master Servicer nor the Trustee shall be liable for any actions taken by the Depository or its nominee, including, without limitation, any delay in delivery of such instructions and may conclusively rely on, and shall be protected in relying on, such instructions. Upon the issuance of Definitive Certificates all references herein to obligations imposed upon or to be performed by the Company in connection with the issuance of the Definitive Certificates pursuant to this Section 5.01 shall be deemed to be imposed upon and performed by the Trustee, and the Trustee and the Master Servicer shall recognize the Holders of the Definitive Certificates as Certificateholders hereunder. Section 5.02. Registration of Transfer and Exchange of Certificates and Restrictions on Transfer of Excess Spread. -------------------------------------------- 138 (a) The Trustee shall cause to be kept at one of the offices or agencies to be appointed by the Trustee in accordance with the provisions of Section 8.12 a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trustee shall provide for the registration of Certificates and of transfers and exchanges of Certificates as herein provided. The Trustee is initially appointed Certificate Registrar for the purpose of registering Certificates and transfers and exchanges of Certificates as herein provided. The Certificate Registrar, or the Trustee, shall provide the Master Servicer with a certified list of Certificateholders as of each Record Date prior to the related Determination Date. (b) Upon surrender for registration of transfer of any Certificate at any office or agency of the Trustee maintained for such purpose pursuant to Section 8.12 and, in the case of any Class M, Class B or Class R Certificate, upon satisfaction of the conditions set forth below, the Trustee shall execute and the Certificate Registrar shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Certificates of a like Class and aggregate Percentage Interest. (c) At the option of the Certificateholders, Certificates may be exchanged for other Certificates of authorized denominations of a like Class and aggregate Percentage Interest, upon surrender of the Certificates to be exchanged at any such office or agency. Whenever any Certificates are so surrendered for exchange the Trustee shall execute and the Certificate Registrar shall authenticate and deliver the Certificates of such Class which the Certificateholder making the exchange is entitled to receive. Every Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing. 139 (d) No transfer, sale, pledge or other disposition of a Class B Certificate shall be made unless such transfer, sale, pledge or other disposition is exempt from the registration requirements of the Securities Act of 1933, as amended, and any applicable state securities laws or is made in accordance with said Act and laws. Except as provided in Section 5.02(e), in the event that a transfer of a Class B Certificate is to be made either (i)(A) the Trustee shall require a written Opinion of Counsel acceptable to and in form and substance satisfactory to the Trustee and the Company that such transfer may be made pursuant to an exemption, describing the applicable exemption and the basis therefor, from said Act and laws or is being made pursuant to said Act and laws, which Opinion of Counsel shall not be an expense of the Trustee, the Company or the Master Servicer and (B) the Trustee shall require the transferee to execute a representation letter, substantially in the form of Exhibit J hereto, and the Trustee shall require the transferor to execute a representation letter, substantially in the form of Exhibit K hereto, each acceptable to and in form and substance satisfactory to the Company and the Trustee certifying to the Company and the Trustee the facts surrounding such transfer, which representation letters shall not be an expense of the Trustee, the Company or the Master Servicer or (ii) the prospective transferee of such a Certificate shall be required to provide the Trustee, the Company and the Master Servicer with an investment letter substantially in the form of Exhibit L attached hereto (or such other form as the Company in its sole discretion deems acceptable), which investment letter shall not be an expense of the Trustee, the Company or the Master Servicer, and which investment letter states that, among other things, such transferee (A) is a "qualified institutional buyer" as defined under Rule 144A, acting for its own account or the accounts of other "qualified institutional buyers" as defined under Rule 144A, and (B) is aware that the proposed transferor intends to rely on the exemption from registration requirements under the Securities Act of 1933, as amended, provided by Rule 144A. The Holder of any such Certificate desiring to effect any such transfer, sale, pledge or other disposition shall, and does hereby agree to, indemnify the Trustee, the Company, the Master Servicer and the Certificate Registrar against any liability that may result if the transfer, sale, pledge or other disposition is not so exempt or is not made in accordance with such federal and state laws. 140 (e) In the case of any Class M, Class B or Class R Certificate presented for registration in the name of any Person, either (i) the Trustee shall require an Opinion of Counsel acceptable to and in form and substance satisfactory to the Trustee, the Company and the Master Servicer to the effect that the purchase or holding of such Class M, Class B or Class R Certificate is permissible under applicable law, will not constitute or result in any non-exempt prohibited transaction under Section 406 of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the Code (or comparable provisions of any subsequent enactments), and will not subject the Trustee, the Company or the Master Servicer to any obligation or liability (including obligations or liabilities under ERISA or Section 4975 of the Code) in addition to those undertaken in this Agreement, which Opinion of Counsel shall not be an expense of the Trustee, the Company or the Master Servicer or (ii) the prospective transferee shall be required to provide the Trustee, the Company and the Master Servicer with a certification to the effect set forth in paragraph six of Exhibit J (with respect to any Class M Certificate or any Class B Certificate) or with a certification to the effect set forth in paragraph five of Exhibit I-1 (with respect to any Class R Certificate), which the Trustee may rely upon without further inquiry or investigation, or such other certifications as the Trustee may deem desirable or necessary in order to establish that such transferee or the Person in whose name such registration is requested is not an employee benefit plan or other plan subject to the prohibited transaction provisions of ERISA or Section 4975 of the Code, or any Person (including an investment manager, a named fiduciary or a trustee of any such plan) who is using "plan assets" of any such plan to effect such acquisition. (g) (i) Each Person who has or who acquires any Ownership Interest in a Class R Certificate shall be deemed by the acceptance or acquisition of such Ownership Interest to have agreed to be bound by the following provisions and to have irrevocably authorized the Trustee or its designee under clause (iii)(A) below to deliver payments to a Person other than such Person and to negotiate the terms of any mandatory sale under clause (iii)(B) below and to execute all instruments of transfer and to do all other things necessary in connection with any such sale. The rights of each Person acquiring any Ownership Interest in a Class R Certificate are expressly subject to the following provisions: (A) Each Person holding or acquiring any Ownership Interest in a Class R Certificate shall be a Permitted Transferee and shall promptly notify the Trustee of any change or impending change in its status as a Permitted Transferee. 141 (B) In connection with any proposed Transfer of any Ownership Interest in a Class R Certificate, the Trustee shall require delivery to it, and shall not register the Transfer of any Class R Certificate until its receipt of, (I) an affidavit and agreement (a "Transfer Affidavit and Agreement," in the form attached hereto as Exhibit I-1) from the proposed Transferee, in form and substance satisfactory to the Master Servicer, representing and warranting, among other things, that it is a Permitted Transferee, that it is not acquiring its Ownership Interest in the Class R Certificate that is the subject of the proposed Transfer as a nominee, trustee or agent for any Person who is not a Permitted Transferee, that for so long as it retains its Ownership Interest in a Class R Certificate, it will endeavor to remain a Permitted Transferee, and that it has reviewed the provisions of this Section 5.02(g) and agrees to be bound by them, and (II) a certificate, in the form attached hereto as Exhibit I-2, from the Holder wishing to transfer the Class R Certificate, in form and substance satisfactory to the Master Servicer, representing and warranting, among other things, that no purpose of the proposed Transfer is to impede the assessment or collection of tax. (C) Notwithstanding the delivery of a Transfer Affidavit and Agreement by a proposed Transferee under clause (B) above, if a Responsible Officer of the Trustee who is assigned to this Agreement has actual knowledge that the proposed Transferee is not a Permitted Transferee, no Transfer of an Ownership Interest in a Class R Certificate to such proposed Transferee shall be effected. (D) Each Person holding or acquiring any Ownership Interest in a Class R Certificate shall agree (x) to require a Transfer Affidavit and Agreement from any other Person to whom such Person attempts to transfer its Ownership Interest in a Class R Certificate and (y) not to transfer its Ownership Interest unless it provides a certificate to the Trustee in the form attached hereto as Exhibit I-2. (E) Each Person holding or acquiring an Ownership Interest in a Class R Certificate, by purchasing an Ownership Interest in such Certificate, agrees to give the Trustee written notice that it is a "pass-through interest holder" within the meaning of Temporary Treasury Regulations Section 1.67-3T(a)(2)(i)(A) immediately upon acquiring an Ownership Interest in a Class R Certificate, if it is, or is holding an Ownership Interest in a Class R Certificate on behalf of, a "pass-through interest holder." 142 (ii) The Trustee will register the Transfer of any Class R Certificate only if it shall have received the Transfer Affidavit and Agreement, a certificate of the Holder requesting such transfer in the form attached hereto as Exhibit I-2 and all of such other documents as shall have been reasonably required by the Trustee as a condition to such registration. Transfers of the Class R Certificates to Non-United States Persons and Disqualified Organizations (as defined in Section 860E(e)(5) of the Code) are prohibited. (iii) (A) If any Disqualified Organization shall become a holder of a Class R Certificate, then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such Transfer of such Class R Certificate. If a Non-United States Person shall become a holder of a Class R Certificate, then the last preceding United States Person shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such Transfer of such Class R Certificate. If a transfer of a Class R Certificate is disregarded pursuant to the provisions of Treasury Regulations Section 1.860E-1 or Section 1.860G-3, then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such Transfer of such Class R Certificate. The Trustee shall be under no liability to any Person for any registration of Transfer of a Class R Certificate that is in fact not permitted by this Section 5.02(g) or for making any payments due on such Certificate to the holder thereof or for taking any other action with respect to such holder under the provisions of this Agreement. 143 (B) If any purported Transferee shall become a Holder of a Class R Certificate in violation of the restrictions in this Section 5.02(g) and to the extent that the retroactive restoration of the rights of the Holder of such Class R Certificate as described in clause (iii)(A) above shall be invalid, illegal or unenforceable, then the Master Servicer shall have the right, without notice to the holder or any prior holder of such Class R Certificate, to sell such Class R Certificate to a purchaser selected by the Master Servicer on such terms as the Master Servicer may choose. Such purported Transferee shall promptly endorse and deliver each Class R Certificate in accordance with the instructions of the Master Servicer. Such purchaser may be the Master Servicer itself or any Affiliate of the Master Servicer. The proceeds of such sale, net of the commissions (which may include commissions payable to the Master Servicer or its Affiliates), expenses and taxes due, if any, will be remitted by the Master Servicer to such purported Transferee. The terms and conditions of any sale under this clause (iii)(B) shall be determined in the sole discretion of the Master Servicer, and the Master Servicer shall not be liable to any Person having an Ownership Interest in a Class R Certificate as a result of its exercise of such discretion. (iv) The Master Servicer, on behalf of the Trustee, shall make available, upon written request from the Trustee, all information necessary to compute any tax imposed (A) as a result of the Transfer of an Ownership Interest in a Class R Certificate to any Person who is a Disqualified Organization, including the information regarding "excess inclusions" of such Class R Certificates required to be provided to the Internal Revenue Service and certain Persons as described in Treasury Regulations Sections 1.860D-1(b)(5) and 1.860E-2(a)(5), and (B) as a result of any regulated investment company, real estate investment trust, common trust fund, partnership, trust, estate or organization described in Section 1381 of the Code that holds an Ownership Interest in a Class R Certificate having as among its record holders at any time any Person who is a Disqualified Organization. Reasonable compensation for providing such information may be required by the Master Servicer from such Person. (v) The provisions of this Section 5.02(g) set forth prior to this clause (v) may be modified, added to or eliminated, provided that there shall have been delivered to the Trustee the following: 144 (A) written notification from each Rating Agency to the effect that the modification, addition to or elimination of such provisions will not cause such Rating Agency to downgrade its then-current ratings, if any, of any Class of the Class A, Class M, Class B or Class R Certificates below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency; and (B) subject to Section 10.01(f), a certificate of the Master Servicer stating that the Master Servicer has received an Opinion of Counsel, in form and substance satisfactory to the Master Servicer, to the effect that such modification, addition to or absence of such provisions will not cause either REMIC I or REMIC II to cease to qualify as a REMIC and will not cause (x) either REMIC I or REMIC II to be subject to an entity-level tax caused by the Transfer of any Class R Certificate to a Person that is a Disqualified Organization or (y) a Certificateholder or another Person to be subject to a REMIC-related tax caused by the Transfer of a Class R Certificate to a Person that is not a Permitted Transferee. (h) No service charge shall be made for any transfer or exchange of Certificates of any Class, but the Trustee may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Certificates. (i) All Certificates surrendered for transfer and exchange shall be destroyed by the Certificate Registrar. (j) So long as the Excess Spread remains uncertificated, no transfer, sale, pledge or other disposition thereof shall be made by Residential Funding. Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates. ------------------------------------ 145 If (i) any mutilated Certificate is surrendered to the Certificate Registrar, or the Trustee and the Certificate Registrar receive evidence to their satisfaction of the destruction, loss or theft of any Certificate, and (ii) there is delivered to the Trustee and the Certificate Registrar such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to the Trustee or the Certificate Registrar that such Certificate has been acquired by a bona fide purchaser, the Trustee shall execute and the Certificate Registrar shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate of like tenor, Class and Percentage Interest but bearing a number not contemporaneously outstanding. Upon the issuance of any new Certificate under this Section, the Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee and the Certificate Registrar) connected therewith. Any duplicate Certificate issued pursuant to this Section shall constitute complete and indefeasible evidence of ownership in the Trust Fund, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time. Section 5.04. Persons Deemed Owners. --------------------- Prior to due presentation of a Certificate for registration of transfer, the Company, the Master Servicer, the Trustee, Financial Security, the Certificate Registrar and any agent of the Company, the Master Servicer, the Trustee, Financial Security or the Certificate Registrar may treat the Person in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions pursuant to Section 4.02 and for all other purposes whatsoever, and neither the Company, the Master Servicer, the Trustee, Financial Security, the Certificate Registrar nor any agent of the Company, the Master Servicer, the Trustee, Financial Security or the Certificate Registrar shall be affected by notice to the contrary except as provided in Section 5.02(g). Section 5.05. Appointment of Paying Agent. --------------------------- 146 The Trustee may appoint a Paying Agent for the purpose of making distributions to the Certificateholders and the Owner of the Excess Spread pursuant to Section 4.02. In the event of any such appointment, on or prior to each Distribution Date the Master Servicer on behalf of the Trustee shall deposit or cause to be deposited with the Paying Agent a sum sufficient to make the payments to the Certificateholders and the Owner of the Excess Spread in the amounts and in the manner provided for in Section 4.02, such sum to be held in trust for the benefit of the Certificateholders and the Owner of the Excess Spread. The Trustee shall cause each Paying Agent to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee that such Paying Agent will hold all sums held by it for the payment to the Certificateholders and the Owner of the Excess Spread in trust for the benefit of the Certificateholders and such Owner entitled thereto until such sums shall be paid to such Certificateholders and such Owner. Any sums so held by such Paying Agent shall be held only in Eligible Accounts to the extent such sums are not distributed to the Certificateholders and such Owner on the date of receipt by such Paying Agent. Section 5.06. Optional Purchase of Certificates. --------------------------------- (a) On any Distribution Date on which the Pool Stated Principal Balance is less than ten percent of the Cut-off Date Principal Balance of the Mortgage Loans, either the Master Servicer or the Company shall have the right, at its option, to purchase the Certificates in whole, but not in part, at a price equal to the outstanding Certificate Principal Balance of such Certificates plus the sum of one month's Accrued Certificate Interest thereon and any previously unpaid Accrued Certificate Interest. (b) The Master Servicer or the Company, as applicable, shall give the Trustee not less than 60 days' prior notice of the Distribution Date on which the Master Servicer or the Company, as applicable, anticipates that it will purchase the Certificates pursuant to Section 5.06(a). Notice of any such purchase, specifying the Distribution Date upon which the Holders may surrender their Certificates to the Trustee for payment in accordance with this Section 5.06, shall be given promptly by the Master Servicer or the Company, as applicable, by letter to Certificateholders (with a copy to the Certificate Registrar and each Rating Agency) mailed not earlier than the 15th day and not later than the 25th day of the month next preceding the month of such final distribution, specifying: 147 (i) the Distribution Date upon which purchase of the Certificates is anticipated to be made upon presentation and surrender of such Certificates at the office or agency of the Trustee therein designated, (ii) the purchase price therefor, if known, and (iii) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified. If either the Master Servicer or the Company gives the notice specified above, the Master Servicer or the Company, as applicable, shall deposit in the Certificate Account before the Distribution Date on which the purchase pursuant to Section 5.06(a) is to be made, in immediately available funds, an amount equal to the purchase price for the Certificates computed as provided above. (c) Upon presentation and surrender of the Certificates to be purchased pursuant to Section 5.06(a) by the Holders thereof, the Trustee shall distribute to such Holders an amount equal to the outstanding Certificate Principal Balance thereof plus the sum of one month's Accrued Certificate Interest thereon, any previously unpaid Accrued Certificate Interest with respect thereto and any Prepayment Interest Shortfalls allocated to the Insured Certificates to the extent covered by the Insured Reserve Fund or a Guaranteed Distribution. 148 (d) In the event that any Certificateholders do not surrender their Certificates on or before the Distribution Date on which a purchase pursuant to this Section 5.06 is to be made, the Trustee shall on such date cause all funds in the Certificate Account deposited therein by the Master Servicer or the Company, as applicable, pursuant to Section 5.06(b) to be withdrawn therefrom and deposited in a separate escrow account for the benefit of such Certificateholders, and the Master Servicer or the Company, as applicable, shall give a second written notice to such Certificateholders to surrender their Certificates for payment of the purchase price therefor. If within six months after the second notice any Certificate shall not have been surrendered for cancellation, the Trustee shall take appropriate steps as directed by the Master Servicer or the Company, as applicable, to contact the Holders of such Certificates concerning surrender of their Certificates. The costs and expenses of maintaining the escrow account and of contacting Certificateholders shall be paid out of the assets which remain in the escrow account. If within nine months after the second notice any Certificates shall not have been surrendered for cancellation in accordance with this Section 5.06, the Trustee shall pay to the Master Servicer or the Company, as applicable, all amounts distributable to the Holders thereof and the Master Servicer or the Company, as applicable, shall thereafter hold such amounts until distributed to such Holders. No interest shall accrue or be payable to any Certificateholder on any amount held in the escrow account or by the Master Servicer or the Company, as applicable, as a result of such Certificateholder's failure to surrender its Certificate(s) for payment in accordance with this Section 5.06. Any Certificate that is not surrendered on the Distribution Date on which a purchase pursuant to this Section 5.06 occurs as provided above will be deemed to have been purchased and the Holder as of such date will have no rights with respect thereto except to receive the purchase price therefor minus any costs and expenses associated with such escrow account and notices allocated thereto. Any Certificates so purchased or deemed to have been purchased on such Distribution Date shall remain outstanding hereunder. The Master Servicer or the Company, as applicable, shall be for all purposes the Holder thereof as of such date. 149 ARTICLE VI THE COMPANY AND THE MASTER SERVICER Section 6.01. Respective Liabilities of the Company and the Master Servicer. --------------------------------------------- The Company and the Master Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically and respectively imposed upon and undertaken by the Company and the Master Servicer herein. By way of illustration and not limitation, the Company is not liable for the servicing and administration of the Mortgage Loans, nor is it obligated by Section 7.01 or Section 10.01 to assume any obligations of the Master Servicer or to appoint a designee to assume such obligations, nor is it liable for any other obligation hereunder that it may, but is not obligated to, assume unless it elects to assume such obligation in accordance herewith. Section 6.02. Merger or Consolidation of the Company or the Master Servicer; Assignment of Rights and Delegation of Duties by Master Servicer. --------------------------------------------- (a) The Company and the Master Servicer will each keep in full effect its existence, rights and franchises as a corporation under the laws of the state of its incorporation, and will each obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Mortgage Loans and to perform its respective duties under this Agreement. (b) Any Person into which the Company or the Master Servicer may be merged or consolidated, or any corporation resulting from any merger or consolidation to which the Company or the Master Servicer shall be a party, or any Person succeeding to the business of the Company or the Master Servicer, shall be the successor of the Company or the Master Servicer, as the case may be, hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, however, that the successor or surviving Person to the Master Servicer - -------- ------- shall be qualified to service mortgage loans on behalf of FNMA or FHLMC; and provided further that each Rating Agency's ratings, if any, of the Class A, Class M, Class B or Class R Certificates in effect immediately prior to such merger or consolidation will not be qualified, reduced or withdrawn as a result thereof (as evidenced by a letter to such effect from each Rating Agency). 150 (c) Notwithstanding anything else in this Section 6.02 and Section 6.04 to the contrary, the Master Servicer may assign its rights and delegate its duties and obligations under this Agreement; provided that the Person accepting such assignment or delegation shall be a Person which is qualified to service mortgage loans on behalf of FNMA or FHLMC, is reasonably satisfactory to the Trustee and the Company, is willing to service the Mortgage Loans and executes and delivers to the Company and the Trustee an agreement, in form and substance reasonably satisfactory to the Company and the Trustee, which contains an assumption by such Person of the due and punctual performance and observance of each covenant and condition to be performed or observed by the Master Servicer under this Agreement; provided further that each Rating Agency's rating of the Classes of Certificates that have been rated in effect immediately prior to such assignment and delegation will not be qualified, reduced or withdrawn as a result of such assignment and delegation (as evidenced by a letter to such effect from each Rating Agency). In the case of any such assignment and delegation, the Master Servicer shall be released from its obligations under this Agreement, except that the Master Servicer shall remain liable for all liabilities and obligations incurred by it as Master Servicer hereunder prior to the satisfaction of the conditions to such assignment and delegation set forth in the next preceding sentence. Section 6.03. Limitation on Liability of the Company, the Master Servicer and Others. --------------------------------------- 151 Neither the Company, the Master Servicer nor any of the directors, officers, employees or agents of the Company or the Master Servicer shall be under any liability to the Trust Fund or the Certificateholders or the Owner of the Excess Spread for any action taken or for refraining from the taking of any action in good faith pursuant to this Agreement, or for errors in judgment; provided, however, that this provision shall not protect the Company, the Master - -------- ------- Servicer or any such Person against any breach of warranties or representations made herein or any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or gross negligence in the performance of duties or by reason of reckless disregard of obligations and duties hereunder. The Company, the Master Servicer and any director, officer, employee or agent of the Company or the Master Servicer may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Company, the Master Servicer and any director, officer, employee or agent of the Company or the Master Servicer shall be indemnified by the Trust Fund and held harmless against any loss, liability or expense incurred in connection with any legal action relating to this Agreement or the Certificates, other than any loss, liability or expense related to any specific Mortgage Loan or Mortgage Loans (except as any such loss, liability or expense shall be otherwise reimbursable pursuant to this Agreement) and any loss, liability or expense incurred by reason of willful misfeasance, bad faith or gross negligence in the performance of duties hereunder or by reason of reckless disregard of obligations and duties hereunder. Neither the Company nor the Master Servicer shall be under any obligation to appear in, prosecute or defend any legal or administrative action, proceeding, hearing or examination that is not incidental to its respective duties under this Agreement and which in its opinion may involve it in any expense or liability; provided, however, that the Company or the Master Servicer -------- ------- may in its discretion undertake any such action, proceeding, hearing or examination that it may deem necessary or desirable in respect to this Agreement and the rights and duties of the parties hereto and the interests of the Certificateholders hereunder. In such event, the legal expenses and costs of such action, proceeding, hearing or examination and any liability resulting therefrom shall be expenses, costs and liabilities of the Trust Fund, and the Company and the Master Servicer shall be entitled to be reimbursed therefor out of amounts attributable to the Mortgage Loans on deposit in the Custodial Account as provided by Section 3.10 and, on the Distribution Date(s) following such reimbursement, the aggregate of such expenses and costs shall be allocated in reduction of the Accrued Certificate Interest on each Class entitled thereto in the same manner as if such expenses and costs constituted a Prepayment Interest Shortfall. 152 Section 6.04. Company and Master Servicer Not to Resign. ----------------------------------------- Subject to the provisions of Section 6.02, neither the Company nor the Master Servicer shall resign from its respective obligations and duties hereby imposed on it except upon determination that its duties hereunder are no longer permissible under applicable law. Any such determination permitting the resignation of the Company or the Master Servicer shall be evidenced by an Opinion of Counsel to such effect delivered to the Trustee. No such resignation by the Master Servicer shall become effective until the Trustee or a successor servicer shall have assumed the Master Servicer's responsibilities and obligations in accordance with Section 7.02. 153 ARTICLE VII DEFAULT Section 7.01. Events of Default. ----------------- Event of Default, wherever used herein, means any one of the following events (whatever reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body): (i) the Master Servicer shall fail to distribute or cause to be distributed to the Owner of the Excess Spread or the Holders of Certificates of any Class any distribution required to be made under the terms of the Certificates of such Class and this Agreement and, in either case, such failure shall continue unremedied for a period of 5 days after the date upon which written notice of such failure, requiring such failure to be remedied, shall have been given to the Master Servicer by the Trustee or the Company or to the Master Servicer, the Company and the Trustee by the Owner of the Excess Spread or the Holders of Certificates of such Class evidencing Percentage Interests aggregating not less than 25%; or (ii) the Master Servicer shall fail to observe or perform in any material respect any other of the covenants or agreements on the part of the Master Servicer contained in the Certificates of any Class or in this Agreement and such failure shall continue unremedied for a period of 30 days (except that such number of days shall be 15 in the case of a failure to pay the premium for any Required Insurance Policy) after the date on which written notice of such failure, requiring the same to be remedied, shall have been given to the Master Servicer by the Trustee or the Company, or to the Master Servicer, the Company and the Trustee by the Owner of the Excess Spread or the Holders of Certificates of any Class evidencing, in the case of any such Class, Percentage Interests aggregating not less than 25%; or 154 (iii) a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under any present or future federal or state bankruptcy, insolvency or similar law or appointing a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against the Master Servicer and such decree or order shall have remained in force undischarged or unstayed for a period of 60 days; or (iv) the Master Servicer shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities, or similar proceedings of, or relating to, the Master Servicer or of, or relating to, all or substantially all of the property of the Master Servicer; or (v) the Master Servicer shall admit in writing its inability to pay its debts generally as they become due, file a petition to take advantage of, or commence a voluntary case under, any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors, or voluntarily suspend payment of its obligations; or (vi) the Master Servicer shall notify the Trustee pursuant to Section 4.04(b) that it is unable to deposit in the Certificate Account an amount equal to the Advance. 155 If an Event of Default described in clauses (i)-(v) of this Section shall occur, then, and in each and every such case, so long as such Event of Default shall not have been remedied, either the Company or the Trustee may, and at the direction of Holders of Certificates or the Owner of the Excess Spread entitled to at least 51% of the Voting Rights, the Trustee shall, by notice in writing to the Master Servicer (and to the Company if given by the Trustee or to the Trustee if given by the Company), terminate all of the rights and obligations of the Master Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof, other than its rights as a Certificateholder hereunder. If an Event of Default described in clause (vi) hereof shall occur, the Trustee shall, by notice to the Master Servicer and the Company, immediately terminate all of the rights and obligations of the Master Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof, other than its rights as a Certificateholder hereunder as provided in Section 4.04(b). On or after the receipt by the Master Servicer of such written notice, all authority and power of the Master Servicer under this Agreement, whether with respect to the Certificates (other than as a Holder thereof) or the Mortgage Loans or otherwise, shall subject to Section 7.02 pass to and be vested in the Trustee or the Trustee's designee appointed pursuant to Section 7.02; and, without limitation, the Trustee is hereby authorized and empowered to execute and deliver, on behalf of the Master Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans and related documents, or otherwise. The Master Servicer agrees to cooperate with the Trustee in effecting the termination of the Master Servicer's responsibilities and rights hereunder, including, without limitation, the transfer to the Trustee or its designee for administration by it of all cash amounts which shall at the time be credited to the Custodial Account or the Certificate Account or thereafter be received with respect to the Mortgage Loans. No such termination shall release the Master Servicer for any liability that it would otherwise have hereunder for any act or omission prior to the effective time of such termination. 156 Notwithstanding any termination of the activities of Residential Funding in its capacity as Master Servicer hereunder, Residential Funding shall be entitled to receive, out of any late collection of a Monthly Payment on a Mortgage Loan which was due prior to the notice terminating Residential Funding's rights and obligations as Master Servicer hereunder and received after such notice, that portion to which Residential Funding would have been entitled pursuant to Sections 3.10(a)(ii), (vi) and (vii) as well as its Servicing Fee in respect thereof, and any other amounts payable to Residential Funding hereunder the entitlement to which arose prior to the termination of its activities hereunder. Upon the termination of Residential Funding as Master Servicer hereunder the Company shall deliver to the Trustee a copy of the Program Guide. Section 7.02. Trustee or Company to Act; Appointment of Successor. ----------------------------------------- 157 On and after the time the Master Servicer receives a notice of termination pursuant to Section 7.01 or resigns in accordance with Section 6.04, the Trustee or, upon notice to the Company and with the Company's consent (which shall not be unreasonably withheld) a designee (which meets the standards set forth below) of the Trustee, shall be the successor in all respects to the Master Servicer in its capacity as servicer under this Agreement and the transactions set forth or provided for herein and shall be subject to all the responsibilities, duties and liabilities relating thereto placed on the Master Servicer (except for the responsibilities, duties and liabilities contained in Sections 2.02 and 2.03(a), excluding the duty to notify related Subservicers or Sellers as set forth in such Sections, and its obligations to deposit amounts in respect of losses incurred prior to such notice or termination on the investment of funds in the Custodial Account or the Certificate Account pursuant to Sections 3.07(c) and 4.01(b) by the terms and provisions hereof); provided, however, that any failure -------- ------- to perform such duties or responsibilities caused by the preceding Master Servicer's failure to provide information required by Section 4.04 shall not be considered a default by the Trustee hereunder. As compensation therefor, the Trustee shall be entitled to all funds relating to the Mortgage Loans which the Master Servicer would have been entitled to charge to the Custodial Account or the Certificate Account if the Master Servicer had continued to act hereunder and, in addition, shall be entitled to the income from any Permitted Investments made with amounts attributable to the Mortgage Loans held in the Custodial Account or the Certificate Account. If the Trustee has become the successor to the Master Servicer in accordance with Section 6.04 or Section 7.01, then notwithstanding the above, the Trustee may, if it shall be unwilling to so act, or shall, if it is unable to so act, appoint, or petition a court of competent jurisdiction to appoint, any established housing and home finance institution, which is also a FNMA- or FHLMC-approved mortgage servicing institution, having a net worth of not less than $10,000,000 as the successor to the Master Servicer hereunder in the assumption of all or any part of the responsibilities, duties or liabilities of the Master Servicer hereunder. Pending appointment of a successor to the Master Servicer hereunder, the Trustee shall become successor to the Master Servicer and shall act in such capacity as hereinabove provided. In connection with such appointment and assumption, the Trustee may make such arrangements for the compensation of such successor out of payments on Mortgage Loans as it and such successor shall agree; provided, however, that no such -------- ------- compensation shall be in excess of that permitted the initial Master Servicer hereunder. The Company, the Trustee, the Custodian and such successor shall take such action, consistent with this Agreement, as shall be necessary to effectuate any such succession. The Servicing Fee for any successor Master Servicer appointed pursuant to this 158 Section 7.02 will be lowered with respect to those Mortgage Loans, if any, where the Subservicing Fee accrues at a rate of less than 0.20% per annum in the event that the successor Master Servicer is not servicing such Mortgage Loans directly and it is necessary to raise the related Subservicing Fee to a rate of 0.20% per annum in order to hire a Subservicer with respect to such Mortgage Loans. Section 7.03. Notification to Certificateholders. ---------------------------------- (a) Upon any such termination or appointment of a successor to the Master Servicer, the Trustee shall give prompt written notice thereof to the Certificateholders and the Owner of the Excess Spread at their respective addresses appearing in the Certificate Register. (b) Within 60 days after the occurrence of any Event of Default, the Trustee shall transmit by mail to all Holders of Certificates notice of each such Event of Default hereunder known to the Trustee, unless such Event of Default shall have been cured or waived. Section 7.04. Waiver of Events of Default. --------------------------- The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder, and the Owner of the Excess Spread if affected thereby, may waive such default or Event of Default; provided, however, -------- ------- (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and the Owner of the Excess Spread if so affected and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates or the Owner of the Excess Spread in the manner set forth in Section 12.01(b)(i), (ii) or (iii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived. 159 ARTICLE VIII CONCERNING THE TRUSTEE Section 8.01. Duties of Trustee. ----------------- (a) The Trustee, prior to the occurrence of an Event of Default and after the curing of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. In case an Event of Default has occurred (which has not been cured or waived), the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent investor would exercise or use under the circumstances in the conduct of such investor's own affairs. (b) The Trustee, upon receipt of all resolutions, certificates, statements, opinions, reports, documents, orders or other instruments furnished to the Trustee which are specifically required to be furnished pursuant to any provision of this Agreement, shall examine them to determine whether they conform to the requirements of this Agreement. The Trustee shall notify the Certificateholders and the Owner of the Excess Spread of any such documents which do not materially conform to the requirements of this Agreement in the event that the Trustee, after so requesting, does not receive satisfactorily corrected documents. The Trustee shall forward or cause to be forwarded in a timely fashion the notices, reports and statements required to be forwarded by the Trustee pursuant to Sections 4.03, 4.06, 7.03 and 10.01. The Trustee shall furnish in a timely fashion to the Master Servicer such information as the Master Servicer may reasonably request from time to time for the Master Servicer to fulfill its duties as set forth in this Agreement. The Trustee covenants and agrees that it shall perform its obligations hereunder in a manner so as to maintain the status of both REMIC I and REMIC II as REMICs under the REMIC Provisions and (subject to Section 10.01(f)) to prevent the imposition of any federal, state or local income, prohibited transaction, contribution or other tax on either REMIC I or REMIC II to the extent that maintaining such status and avoiding such taxes are reasonably within the control of the Trustee and are reasonably within the scope of its duties under this Agreement. (c) No provision of this Agreement shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own willful misconduct; provided, however, that: -------- ------- 160 (i) Prior to the occurrence of an Event of Default, and after the curing or waiver of all such Events of Default which may have occurred, the duties and obligations of the Trustee shall be determined solely by the express provisions of this Agreement, the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trustee and, in the absence of bad faith on the part of the Trustee, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee by the Company or the Master Servicer and which on their face, do not contradict the requirements of this Agreement; (ii) The Trustee shall not be personally liable for an error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; (iii) The Trustee shall not be personally liable with respect to any action taken, suffered or omitted to be taken by it in good faith in accordance with the direction of Certificateholders of any Class holding Certificates which evidence, as to such Class, Percentage Interests aggregating not less than 25% as to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Agreement; (iv) The Trustee shall not be charged with knowledge of any default (other than a default in payment to the Trustee) specified in clauses (i) and (ii) of Section 7.01 or an Event of Default under clauses (iii), (iv) and (v) of Section 7.01 unless a Responsible Officer of the Trustee assigned to and working in the Corporate Trust Office obtains actual knowledge of such failure or event or the Trustee receives written notice of such failure or event at its Corporate Trust Office from the Master Servicer, the Company or any Certificateholder or the Owner of the Excess Spread; and 161 (v) Except to the extent provided in Section 7.02, no provision in this Agreement shall require the Trustee to expend or risk its own funds (including, without limitation, the making of any Advance) or otherwise incur any personal financial liability in the performance of any of its duties as Trustee hereunder, or in the exercise of any of its rights or powers, if the Trustee shall have reasonable grounds for believing that repayment of funds or adequate indemnity against such risk or liability is not reasonably assured to it. (d) The Trustee shall timely pay, from its own funds, the amount of any and all federal, state and local taxes imposed on the Trust Fund or its assets or transactions including, without limitation, (A) "prohibited transaction" penalty taxes as defined in Section 860F of the Code, if, when and as the same shall be due and payable, (B) any tax on contributions to a REMIC after the Closing Date imposed by Section 860G(d) of the Code and (C) any tax on "net income from foreclosure property" as defined in Section 860G(c) of the Code, but only if such taxes arise out of a breach by the Trustee of its obligations hereunder, which breach constitutes negligence or willful misconduct of the Trustee. Section 8.02. Certain Matters Affecting the Trustee. ------------------------------------- (a) Except as otherwise provided in Section 8.01: (i) The Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, Officers' Certificate, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; (ii) The Trustee may consult with counsel and any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good faith and in accordance with such Opinion of Counsel; 162 (iii) The Trustee shall be under no obligation to exercise any of the trusts or powers vested in it by this Agreement or to institute, conduct or defend any litigation hereunder or in relation hereto at the request, order or direction of any of the Certificateholders or the Owner of the Excess Spread, pursuant to the provisions of this Agreement, unless such Certificateholders or such Owner shall have offered to the Trustee reasonable security or indemnity against the costs, expenses and liabilities which may be incurred therein or thereby; nothing contained herein shall, however, relieve the Trustee of the obligation, upon the occurrence of an Event of Default (which has not been cured), to exercise such of the rights and powers vested in it by this Agreement, and to use the same degree of care and skill in their exercise as a prudent investor would exercise or use under the circumstances in the conduct of such investor's own affairs; (iv) The Trustee shall not be personally liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement; (v) Prior to the occurrence of an Event of Default hereunder and after the curing of all Events of Default which may have occurred, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other paper or document, unless requested in writing so to do by Holders of Certificates of any Class evidencing, as to such Class, Percentage Interests, aggregating not less than 50%; provided, however, that if the payment -------- ------- within a reasonable to the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee, not reasonably assured to the Trustee by the security afforded to it by the terms of this Agreement, the Trustee may require reasonable indemnity against such expense or liability as a condition to so proceeding. The reasonable expense of every such examination shall be paid by the Master Servicer, if an Event of Default shall have occurred and is continuing, and otherwise by the Certificateholder requesting the investigation; (vi) The Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys; and 163 (vii) To the extent authorized under the Code and the regulations promulgated thereunder, each Holder of a Class R Certificate hereby irrevocably appoints and authorizes the Trustee to be its attorney-in-fact for purposes of signing any Tax Returns required to be filed on behalf of the Trust Fund. The Trustee shall sign on behalf of the Trust Fund and deliver to the Master Servicer in a timely manner any Tax Returns prepared by or on behalf of the Master Servicer that the Trustee is required to sign as determined by the Master Servicer pursuant to applicable federal, state or local tax laws, provided that the Master Servicer shall indemnify the Trustee for signing any such Tax Returns that contain errors or omissions. (b) Following the issuance of the Certificates, the Trustee shall not accept any contribution of assets to the Trust Fund unless (subject to Section 10.01(f)) it shall have obtained or been furnished with an Opinion of Counsel to the effect that such contribution will not (i) cause either REMIC I or REMIC II to fail to qualify as a REMIC at any time that any Certificates are outstanding or (ii) cause the Trust Fund to be subject to any federal tax as a result of such contribution (including the imposition of any federal tax on "prohibited transactions" imposed under Section 860F(a) of the Code). Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans. -------------------------------------- The recitals contained herein and in the Certificates (other than the execution of the Certificates and relating to the acceptance and receipt of the Mortgage Loans) shall be taken as the statements of the Company or the Master Servicer as the case may be, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Agreement or of the Certificates (except that the Certificates shall be duly and validly executed and authenticated by it as Certificate Registrar) or of any Mortgage Loan or related document. Except as otherwise provided herein, the Trustee shall not be accountable for the use or application by the Company or the Master Servicer of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account or the Certificate Account by the Company or the Master Servicer. Section 8.04. Trustee May Own Certificates. ---------------------------- The Trustee in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee. 164 Section 8.05. Master Servicer to Pay Trustee's Fees and Expenses; Indemnification. ------------------------------------- (a) The Master Servicer covenants and agrees to pay to the Trustee and any co-trustee from time to time, and the Trustee and any co-trustee shall be entitled to, reasonable compensation (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) for all services rendered by each of them in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties hereunder of the Trustee and any co-trustee, and the Master Servicer will pay or reimburse the Trustee and any co-trustee upon request for all reasonable expenses, disbursements and advances incurred or made by the Trustee or any co- trustee in accordance with any of the provisions of this Agreement (including the reasonable compensation and the expenses and disbursements of its counsel and of all persons not regularly in its employ, and the expenses incurred by the Trustee or any co-trustee in connection with the appointment of an office or agency pursuant to Section 8.12) except any such expense, disbursement or advance as may arise from its negligence or bad faith. (b) The Master Servicer agrees to indemnify the Trustee for, and to hold the Trustee harmless against, any loss, liability or expense incurred without negligence or willful misconduct on its part, arising out of, or in connection with, the acceptance and administration of the Trust Fund, including the costs and expenses (including reasonable legal fees and expenses) of defending itself against any claim in connection with the exercise or performance of any of its powers or duties under this Agreement, provided that: (i) with respect to any such claim, the Trustee shall have given the Master Servicer written notice thereof promptly after the Trustee shall have actual knowledge thereof; (ii) while maintaining control over its own defense, the Trustee shall cooperate and consult fully with the Master Servicer in preparing such defense; and (iii) notwithstanding anything in this Agreement to the contrary, the Master Servicer shall not be liable for settlement of any claim by the Trustee entered into without the prior consent of the Master Servicer which consent shall not be unreasonably withheld. 165 No termination of this Agreement shall affect the obligations created by this Section 8.05(b) of the Master Servicer to indemnify the Trustee under the conditions and to the extent set forth herein. Notwithstanding the foregoing, the indemnification provided by the Master Servicer in this Section 8.05(b) shall not pertain to any loss, liability or expense of the Trustee, including the costs and expenses of defending itself against any claim, incurred in connection with any actions taken by the Trustee at the direction of the Certificateholders or the Owner of the Excess Spread pursuant to the terms of this Agreement. Section 8.06. Eligibility Requirements for Trustee. ------------------------------------ The Trustee hereunder shall at all times be a corporation or a national banking association having its principal office in a state and city acceptable to the Company and organized and doing business under the laws of such state or the United States of America, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority. If such corporation or national banking association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.07. Section 8.07. Resignation and Removal of the Trustee. -------------------------------------- (a) The Trustee may at any time resign and be discharged from the trusts hereby created by giving written notice thereof to the Company. Upon receiving such notice of resignation, the Company shall promptly appoint a successor trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor trustee. If no successor trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor trustee. 166 (b) If at any time the Trustee shall cease to be eligible in accordance with the provisions of Section 8.06 and shall fail to resign after written request therefor by the Company, or if at any time the Trustee shall become incapable of acting, or shall be adjudged bankrupt or insolvent, or a receiver of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, then the Company may remove the Trustee and appoint a successor trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the successor trustee. In addition, in the event that the Company determines that the Trustee has failed (i) to distribute or cause to be distributed to the Certificateholders or the Owner of the Excess Spread any amount required to be distributed hereunder, if such amount is held by the Trustee or its Paying Agent (other than the Master Servicer or the Company) for distribution or (ii) to otherwise observe or perform in any material respect any of its covenants, agreements or obligations hereunder, and such failure shall continue unremedied for a period of 5 days (in respect of clause (i) above) or 30 days (in respect of clause (ii) above) after the date on which written notice of such failure, requiring that the same be remedied, shall have been given to the Trustee by the Company, then the Company may remove the Trustee and appoint a successor trustee by written instrument delivered as provided in the preceding sentence. In connection with the appointment of a successor trustee pursuant to the preceding sentence, the Company shall, on or before the date on which any such appointment becomes effective, obtain from each Rating Agency written confirmation that the appointment of any such successor trustee will not result in the reduction of the ratings on any class of the Certificates below the lesser of the then current or original ratings on such Certificates. (c) The Holders of Certificates or Excess Spread entitled to at least 51% of the Voting Rights may at any time remove the Trustee and appoint a successor trustee by written instrument or instruments, in triplicate, signed by such Holders or their attorneys-in-fact duly authorized, one complete set of which instruments shall be delivered to the Company, one complete set to the Trustee so removed and one complete set to the successor so appointed. (d) Any resignation or removal of the Trustee and appointment of a successor trustee pursuant to any of the provisions of this Section shall become effective upon acceptance of appointment by the successor trustee as provided in Section 8.08. Section 8.08. Successor Trustee. ----------------- 167 (a) Any successor trustee appointed as provided in Section 8.07 shall execute, acknowledge and deliver to the Company and to its predecessor trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor trustee shall become effective and such successor trustee shall become effective and such successor trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder, with the like effect as if originally named as trustee herein. The predecessor trustee shall deliver to the successor trustee all Mortgage Files and related documents and statements held by it hereunder (other than any Mortgage Files at the time held by a Custodian, which shall become the agent of any successor trustee hereunder), and the Company, the Master Servicer and the predecessor trustee shall execute and deliver such instruments and do such other things as may reasonably be required for more fully and certainly vesting and confirming in the successor trustee all such rights, powers, duties and obligations. (b) No successor trustee shall accept appointment as provided in this Section unless at the time of such acceptance such successor trustee shall be eligible under the provisions of Section 8.06. (c) Upon acceptance of appointment by a successor trustee as provided in this Section, the Company shall mail notice of the succession of such trustee hereunder to all Holders of Certificates at their addresses as shown in the Certificate Register. If the Company fails to mail such notice within 10 days after acceptance of appointment by the successor trustee, the successor trustee shall cause such notice to be mailed at the expense of the Company. Section 8.09. Merger or Consolidation of Trustee. ---------------------------------- 168 Any corporation or national banking association into which the Trustee may be merged or converted or with which it may be consolidated or any corporation or national banking association resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation or national banking association succeeding to the business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation or national banking association shall be eligible under the provisions of Section 8.06, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. The Trustee shall mail notice of any such merger or consolidation to the Certificateholders and the Owner of the Excess Spread at their address as shown in the Certificate Register. Section 8.10. Appointment of Co-Trustee or Separate Trustee. ------------------------------------- (a) Notwithstanding any other provisions hereof, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Fund or property securing the same may at the time be located, the Master Servicer and the Trustee acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees, jointly with the Trustee, or separate trustee or separate trustees, of all or any part of the Trust Fund, and to vest in such Person or Persons, in such capacity, such title to the Trust Fund, or any part thereof, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations, rights and trusts as the Master Servicer and the Trustee may consider necessary or desirable. If the Master Servicer shall not have joined in such appointment within 15 days after the receipt by it of a request so to do, or in case an Event of Default shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment. No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as a successor trustee under Section 8.06 hereunder and no notice to Holders of Certificates or the Owner of the Excess Spread of the appointment of co-trustee(s) or separate trustee(s) shall be required under Section 8.08 hereof. 169 (b) In the case of any appointment of a co-trustee or separate trustee pursuant to this Section 8.10 all rights, powers, duties and obligations conferred or imposed upon the Trustee shall be conferred or imposed upon and exercised or performed by the Trustee, and such separate trustee or co-trustee jointly, except to the extent that under any law of any jurisdiction in which any particular act or acts are to be performed (whether as Trustee hereunder or as successor to the Master Servicer hereunder), the Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations (including the holding of title to the Trust Fund or any portion thereof in any such jurisdiction) shall be exercised and performed by such separate trustee or co-trustee at the direction of the Trustee. (c) Any notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then separate trustees and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee shall refer to this Agreement and the conditions of this Article VIII. Each separate trustee and co-trustee, upon its acceptance of the trusts conferred, shall be vested with the estates or property specified in its instrument of appointment, either jointly with the Trustee or separately, as may be provided therein, subject to all the provisions of this Agreement, specifically including every provision of this Agreement relating to the conduct of, affecting the liability of, or affording protection to, the Trustee. Every such instrument shall be filed with the Trustee. (d) Any separate trustee or co-trustee may, at any time, constitute the Trustee, its agent or attorney-in-fact, with full power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and in its name. If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates, properties, rights, remedies and trusts shall vest in and be exercised by the Trustee, to the extent permitted by law, without the appointment of a new or successor trustee. Section 8.11. Appointment of Custodians. ------------------------- 170 The Trustee may, with the consent of the Master Servicer and the Company, appoint one or more Custodians who are not Affiliates of the Company, the Master Servicer or any Seller to hold all or a portion of the Mortgage Files as agent for the Trustee, by entering into a Custodial Agreement. Subject to Article VIII, the Trustee agrees to comply with the terms of each Custodial Agreement and to enforce the terms and provisions thereof against the Custodian for the benefit of the Certificateholders and the Owner of the Excess Spread. Each Custodian shall be a depository institution subject to supervision by federal or state authority, shall have a combined capital and surplus of at least $15,000,000 and shall be qualified to do business in the jurisdiction in which it holds any Mortgage File. Each Custodial Agreement may be amended only as provided in Section 12.01. The Trustee shall notify the Certificateholders and the Owner of the Excess Spread of the appointment of any Custodian (other than the Custodian appointed as of the Closing Date) pursuant to this Section 8.11. Section 8.12. Appointment of Office or Agency. ------------------------------- The Trustee will maintain an office or agency in the City of New York where Certificates may be surrendered for registration of transfer or exchange. The Trustee initially designates its offices located at 14 Wall Street, 8th Floor, New York, NY 10005 for the purpose of keeping the Certificate Register. The Trustee will maintain an office at the address stated in Section 12.05(c) hereof where notices and demands to or upon the Trustee in respect of this Agreement may be served. 171 ARTICLE IX TERMINATION Section 9.01. Termination Upon Purchase by the Master Servicer or the Company or Liquidation of All Mortgage Loans. ------------------------------------------------------- (a) Subject to Section 9.03, the respective obligations and responsibilities of the Company, the Master Servicer and the Trustee created hereby in respect of the Certificates and the Excess Spread (other than the obligation of the Trustee to make certain payments after the Final Distribution Date to Certificateholders and the Owner of the Excess Spread and the obligation of the Company to send certain notices as hereinafter set forth) shall terminate upon the last action required to be taken by the Trustee on the Final Distribution Date pursuant to this Article IX following the earlier of: (i) the later of the final payment or other liquidation (or any Advance with respect thereto) of the last Mortgage Loan remaining in the Trust Fund or the disposition of all property acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage Loan, or (ii) the purchase by the Master Servicer or the Company of all Mortgage Loans and all property acquired in respect of any Mortgage Loan remaining in the Trust Fund at a price equal to 100% of the unpaid principal balance of each Mortgage Loan or, if less than such unpaid principal balance, the fair market value of the related underlying property of such Mortgage Loan with respect to Mortgage Loans as to which title has been acquired if such fair market value is less than such unpaid principal balance (net of any unreimbursed Advances attributable to principal) on the day of repurchase plus accrued interest thereon at the Net Mortgage Rate to, but not including, the first day of the month in which such repurchase price is distributed, provided, however, that in no event shall the trust -------- ------- created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Court of St. James, living on the date hereof and provided further that the purchase price set forth above shall be increased as is necessary, as determined by the Master Servicer, to avoid disqualification of either REMIC I or REMIC II as a REMIC. 172 The right of the Master Servicer or the Company to purchase all the assets of the Trust Fund pursuant to clause (ii) above is conditioned upon the Pool Stated Principal Balance as of the Final Distribution Date being less than ten percent of the Cut-off Date Principal Balance of the Mortgage Loans. If such right is exercised by the Master Servicer, the Master Servicer shall be deemed to have been reimbursed for the full amount of any unreimbursed Advances theretofore made by it with respect to the Mortgage Loans. In addition, the Master Servicer or the Company, as applicable, shall provide to the Trustee the certification required by Section 3.15 and the Trustee and any Custodian shall, promptly following payment of the purchase price, release to the Master Servicer or the Company, as applicable, the Mortgage Files pertaining to the Mortgage Loans being purchased. (b) The Master Servicer or, in the case of a final distribution as a result of the exercise by the Company of its right to purchase the assets of the Trust Fund, the Company shall give the Trustee not less than 60 days' prior notice of the Distribution Date on which the Master Servicer or the Company, as applicable, anticipates that the final distribution will be made to Certificateholders and the Owner of the Excess Spread (whether as a result of the exercise by the Master Servicer or the Company of its right to purchase the assets of the Trust Fund or otherwise). Notice of any termination, specifying the anticipated Final Distribution Date (which shall be a date that would otherwise be a Distribution Date) upon which the Certificateholders may surrender their Certificates to the Trustee (if so required by the terms hereof) for payment of the final distribution and cancellation, shall be given promptly by the Master Servicer or the Company, as applicable (if it is exercising its right to purchase the assets of the Trust Fund), or by the Trustee (in any other case) by letter to the Certificateholders and the Owner of the Excess Spread mailed not earlier than the 15th day and not later than the 25th day of the month next preceding the month of such final distribution specifying: (i) the anticipated Final Distribution Date upon which final payment of the Certificates and the Excess Spread is anticipated to be made upon presentation and surrender of Certificates at the office or agency of the Trustee therein designated, (ii) the amount of any such final payment, if known, and 173 (iii) that the Record Date otherwise applicable to such Distribution Date is not applicable, and in the case of the Class A Certificates, Class M Certificates and Class R Certificates, that payment will be made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified. If the Master Servicer or the Company, as applicable, is obligated to give notice to Certificateholders and the Owner of the Excess Spread as aforesaid, it shall give such notice to the Certificate Registrar at the time such notice is given to Certificateholders and the Owner of the Excess Spread. In the event such notice is given by the Master Servicer or the Company, the Master Servicer or the Company, as applicable, shall deposit in the Certificate Account before the Final Distribution Date in immediately available funds an amount equal to the purchase price for the assets of the Trust Fund computed as above provided. (c) In the case of the Class A, Class M and the Class R Certificates, upon presentation and surrender of the Certificates by the Certificateholders thereof, the Trustee shall distribute to the Certificateholders (i) the amount otherwise distributable on such Distribution Date, if not in connection with the Master Servicer's or the Company's election to repurchase, or (ii) if the Master Servicer or the Company elected to so repurchase, an amount determined as follows: (A) with respect to each Certificate the outstanding Certificate Principal Balance thereof, plus one month's Accrued Certificate Interest, any previously unpaid Accrued Certificate Interest and any Prepayment Interest Shortfalls allocated to the Insured Certificates to the extent covered by the Insured Reserve Fund or a Guaranteed Distribution, subject to the priority set forth in Section 4.02(a), and (B) with respect to the Class R Certificates, any excess of the amounts available for distribution (including the repurchase price specified in clause (ii) of subsection (a) of this Section) over the total amount distributed under the immediately preceding clause (A) and the Excess Spread. The Trustee shall also distribute to the Owner the Excess Spread. 174 (d) In the event that any Certificateholders shall not surrender their Certificates for final payment and cancellation on or before the Final Distribution Date (if so required by the terms hereof), the Trustee shall on such date cause all funds in the Certificate Account not distributed in final distribution to Certificateholders to be withdrawn therefrom and credited to the remaining Certificateholders by depositing such funds in a separate escrow account for the benefit of such Certificateholders, and the Master Servicer or the Company, as applicable (if it exercised its right to purchase the assets of the Trust Fund), or the Trustee (in any other case) shall give a second written notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribution with respect thereto. If within six months after the second notice any Certificate shall not have been surrendered for cancellation, the Trustee shall take appropriate steps as directed by the Master Servicer or the Company, as applicable, to contact the remaining Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining the escrow account and of contacting Certificateholders shall be paid out of the assets which remain in the escrow account. If within nine months after the second notice any Certificates shall not have been surrendered for cancellation, the Trustee shall pay to the Master Servicer or the Company, as applicable, all amounts distributable to the holders thereof and the Master Servicer or the Company, as applicable, shall thereafter hold such amounts until distributed to such holders. No interest shall accrue or be payable to any Certificateholder on any amount held in the escrow account or by the Master Servicer or the Company, as applicable, as a result of such Certificateholder's failure to surrender its Certificate(s) for final payment thereof in accordance with this Section 9.01. Section 9.02. Termination of REMIC II. ----------------------- REMIC II shall be terminated on the earlier of the Final Distribution Date and the date on which it is deemed to receive the last deemed distributions on the Uncertificated REMIC I Regular Interests and the last distribution due on the Class A, Class M, Class B and Class R-II Certificates is made. Section 9.03. Additional Termination Requirements. ----------------------------------- 175 (a) REMIC I and REMIC II as the case may be, shall be terminated in accordance with the following additional requirements, unless (subject to Section 10.01(f)) the Trustee and the Master Servicer have received an Opinion of Counsel (which Opinion of Counsel shall not be an expense of the Trustee) to the effect that the failure of REMIC I and REMIC II, as the case may be, to comply with the requirements of this Section 9.03 will not (i) result in the imposition on the Trust of taxes on "prohibited transactions," as described in Section 860F of the Code, or (ii) cause either REMIC I or REMIC II to fail to qualify as a REMIC at any time that any Certificate is outstanding: (i) The Master Servicer shall establish a 90-day liquidation period for REMIC I and REMIC II, as the case may be, and specify the first day of such period in a statement attached to the Trust Fund's final Tax Return pursuant to Treasury regulations Section 1.860F-1. The Master Servicer also shall satisfy all of the requirements of a qualified liquidation for REMIC I and REMIC II, as the case may be, under Section 860F of the Code and regulations thereunder; (ii) The Master Servicer shall notify the Trustee at the commencement of such 90-day liquidation period and, at or prior to the time of making of the final payment on the Certificates, the Trustee shall sell or otherwise dispose of all of the remaining assets of the Trust Fund in accordance with the terms hereof; and (iii) If the Master Servicer or the Company is exercising its right to purchase the assets of the Trust Fund, the Master Servicer shall, during the 90-day liquidation period and at or prior to the Final Distribution Date, purchase all of the assets of the Trust Fund for cash; provided, -------- however, that in the event that a calendar quarter ------- ends after the commencement of the 90-day liquidation period but prior to the Final Distribution Date, the Master Servicer or the Company shall not purchase any of the assets of the Trust Fund prior to the close of that calendar quarter. (b) Each Holder of a Certificate and the Trustee hereby irrevocably approves and appoints the Master Servicer as its attorney-in-fact to adopt a plan of complete liquidation for REMIC I and REMIC II at the expense of the Trust Fund in accordance with the terms and conditions of this Agreement. 176 ARTICLE X REMIC PROVISIONS Section 10.01. REMIC Administration. -------------------- (a) The REMIC Administrator shall make an election to treat each of REMIC I and REMIC II as a REMIC under the Code and, if necessary, under applicable state law. Each such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of the REMIC I election in respect of the Trust Fund, Uncertificated REMIC I Regular Interests shall be designated as the "regular interests" and the Class R-I Certificates shall be designated as the sole class of "residual interest" in REMIC I. For the purposes of the REMIC II election in respect of the Trust Fund, each of the Class A, Class M and Class B Certificates and the Excess Spread shall be designated as the "regular interests" and the Class R-II Certificates shall be designated as the sole class of "residual interests" in REMIC II. The REMIC Administrator and the Trustee shall not permit the creation of any "interests" (within the meaning of Section 860G of the Code) in REMIC I or REMIC II other than the Uncertificated REMIC I Regular Interests and the Class R-I Certificates and the REMIC II Certificates, the Excess Spread and the Class R-II Certificates, respectively. (b) The Closing Date is hereby designated as the "startup day" of the Trust Fund within the meaning of Section 860G(a)(9) of the Code. 177 (c) The REMIC Administrator shall hold a Class R Certificate representing a 0.01% Percentage Interest of all Class R-I Certificates and Class R-II Certificates and shall be designated as "the tax matters person" with respect to REMIC I and REMIC II in the manner provided under Treasury regulations section 1.860F-4(d) and temporary Treasury regulations section 301.6231(a)(7)-1T. Residential Funding, as tax matters person, shall (i) act on behalf of REMIC I and REMIC II in relation to any tax matter or controversy involving the Trust Fund and (ii) represent the Trust Fund in any administrative or judicial proceeding relating to an examination or audit by any governmental taxing authority with respect thereto. The legal expenses, including without limitation attorneys' or accountants' fees, and costs of any such proceeding and any liability resulting therefrom shall be expenses of the Trust Fund and the REMIC Administrator shall be entitled to reimbursement therefor out of amounts attributable to the Mortgage Loans on deposit in the Custodial Account as provided by Section 3.10 unless such legal expenses and costs are incurred by reason of the REMIC Administrator's willful misfeasance, bad faith or gross negligence. If the REMIC Administrator is no longer the Master Servicer hereunder, at its option the REMIC Administrator may continue its duties as REMIC Administrator and shall be paid reasonable compensation not to exceed $3,000 per year by any successor Master Servicer hereunder for so acting as the REMIC Administrator. (d) The REMIC Administrator shall prepare or cause to be prepared all of the Tax Returns that it determines are required with respect to either REMIC I or REMIC II created hereunder and deliver such Tax Returns in a timely manner to the Trustee and the Trustee shall sign and file such Tax Returns in a timely manner. The expenses of preparing such returns shall be borne by the REMIC Administrator without any right of reimbursement therefor. The REMIC Administrator agrees to indemnify and hold harmless the Trustee with respect to any tax or liability arising from the Trustee's signing of Tax Returns that contain errors or omissions. The Trustee and Master Servicer shall promptly provide the REMIC Administrator with such information as the REMIC Administrator may from time to time request for the purpose of enabling the REMIC Administrator to prepare Tax Returns. 178 (e) The REMIC Administrator shall provide (i) to any Transferor of a Class R Certificate such information as is necessary for the application of any tax relating to the transfer of a Class R Certificate to any Person who is not a Permitted Transferee, (ii) to the Trustee and the Trustee shall forward to the Certificateholders such information or reports as are required by the Code or the REMIC Provisions including reports relating to interest, original issue discount and market discount or premium (using the Prepayment Assumption) and (iii) to the Internal Revenue Service the name, title, address and telephone number of the person who will serve as the representative of each of REMIC I and REMIC II. 179 (f) The Master Servicer and the REMIC Administrator shall take such actions and shall cause each of REMIC I and REMIC II created hereunder to take such actions as are reasonably within the Master Servicer's or the REMIC Administrator's control and the scope of its duties more specifically set forth herein as shall be necessary or desirable to maintain the status thereof as REMICs under the REMIC Provisions (and the Trustee shall assist the Master Servicer and the REMIC Administrator, to the extent reasonably requested by the Master Servicer and the REMIC Administrator to do so). The Master Servicer and the REMIC Administrator shall not knowingly or intentionally take any action, cause each of REMIC I and REMIC II to take any action or fail to take (or fail to cause to be taken) any action reasonably within their respective control, that, under the REMIC Provisions, if taken or not taken, as the case may be, could (i) endanger the status of either REMIC I or REMIC II as a REMIC or (ii) result in the imposition of a tax upon each of REMIC I or REMIC II (including but not limited to the tax on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in Section 860G(d) of the Code) (either such event, in the absence of an Opinion of Counsel or the indemnification referred to in this sentence, an "Adverse REMIC Event") unless the Master Servicer or the REMIC Administrator, as applicable, has received an Opinion of Counsel (at the expense of the party seeking to take such action or, if such party fails to pay such expense, and the Master Servicer or the REMIC Administrator, as applicable, determines that taking such action is in the best interest of the Trust Fund and the Certificateholders, at the expense of the Trust Fund, but in no event at the expense of the Master Servicer, the REMIC Administrator or the Trustee) to the effect that the contemplated action will not, with respect to each of REMIC I and REMIC II created hereunder, endanger such status or, unless the Master Servicer, the REMIC Administrator or both, as applicable, determine in its or their sole discretion to indemnify the Trust Fund against the imposition of such a tax, result in the imposition of such a tax. Wherever in this Agreement a contemplated action may not be taken because the timing of such action might result in the imposition of a tax on the Trust Fund, or may only be taken pursuant to an Opinion of Counsel that such action would not impose a tax on the Trust Fund, such action may nonetheless be taken provided that the indemnity given in the preceding sentence with respect to any taxes that might be imposed on the Trust Fund has been given and that all other preconditions to the taking of such action have been satisfied. The Trustee shall not take or fail to take any action (whether or not authorized hereunder) as to which the Master Servicer or the REMIC Administrator, as applicable, has advised it in writing that it has received an Opinion of Counsel to the effect that an Adverse REMIC Event could occur with respect to such action. In addition, prior to taking any action with respect to REMIC I or 180 REMIC II or their assets, or causing REMIC I and REMIC II to take any action, which is not expressly permitted under the terms of this Agreement, the Trustee will consult with the Master Servicer or the REMIC Administrator, as applicable, or its designee, in writing, with respect to whether such action could cause an Adverse REMIC Event to occur with respect to REMIC I or REMIC II, and the Trustee shall not take any such action or cause REMIC I or REMIC II to take any such action as to which the Master Servicer or the REMIC Administrator, as applicable, has advised it in writing that an Adverse REMIC Event could occur. The Master Servicer or the REMIC Administrator, as applicable, may consult with counsel to make such written advice, and the cost of same shall be borne by the party seeking to take the action not expressly permitted by this Agreement, but in no event at the expense of the Master Servicer or the REMIC Administrator. At all times as may be required by the Code, the Master Servicer will to the extent within its control and the scope of its duties more specifically set forth herein, maintain substantially all of the assets of REMIC I and REMIC II as "qualified mortgages" as defined in Section 860G(a)(3) of the Code and "permitted investments" as defined in Section 860G(a)(5) of the Code. (g) In the event that any tax is imposed on "prohibited transactions" of REMIC I and REMIC II created hereunder as defined in Section 860F(a)(2) of the Code, on "net income from foreclosure property" of REMIC I or REMIC II as defined in Section 860G(c) of the Code, on any contributions to REMIC I or REMIC II after the Startup Day therefor pursuant to Section 860G(d) of the Code, or any other tax is imposed by the Code or any applicable provisions of state or local tax laws, such tax shall be charged (i) to the Master Servicer, if such tax arises out of or results from a breach by the Master Servicer of any of its obligations under this Agreement or the Master Servicer has in its sole discretion determined to indemnify the Trust Fund against such tax, (ii) to the Trustee, if such tax arises out of or results from a breach by the Trustee of any of its obligations under this Article X, or (iii) otherwise against amounts on deposit in the Custodial Account as provided by Section 3.10 and on the Distribution Date(s) following such reimbursement the aggregate of such taxes shall be allocated in reduction of the Accrued Certificate Interest on each Class entitled thereto in the same manner as if such taxes constituted a Prepayment Interest Shortfall. (h) The Trustee and the Master Servicer shall, for federal income tax purposes, maintain books and records with respect to REMIC I and REMIC II on a calendar year and on an accrual basis or as otherwise may be required by the REMIC Provisions. 181 (i) Following the Startup Day, neither the Master Servicer nor the Trustee shall accept any contributions of assets to REMIC I and REMIC II unless (subject to 10.01(f)) the Master Servicer and the Trustee shall have received an Opinion of Counsel (at the expense of the party seeking to make such contribution) to the effect that the inclusion of such assets in REMIC I and REMIC II will not cause REMIC I and REMIC II to fail to qualify as REMICs at any time that any Certificates are outstanding or subject REMIC I and REMIC II to any tax under the REMIC Provisions or other applicable provisions of federal, state and local law or ordinances. (j) Neither the Master Servicer nor the Trustee shall (subject to Section 10.01(f)) enter into any arrangement by which REMIC I and REMIC II will receive a fee or other compensation for services nor permit either such REMIC to receive any income from assets other than "qualified mortgages" as defined in Section 860G(a)(3) of the Code or "permitted investments" as defined in Section 860G(a)(5) of the Code. (k) Solely for the purposes of Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" by which the Excess Spread, the Certificate Principal Balance of each Class of Certificates representing a regular interest in REMIC II and the Uncertificated Principal Balance of each Uncertificated REMIC I Regular Interest would be reduced to zero is May 25, 2026, which is the Distribution Date immediately following the latest scheduled maturity of any Mortgage Loan. (l) Within 30 days after the Closing Date, the REMIC Administrator shall prepare and file with the Internal Revenue Service Form 8811, "Information Return for Real Estate Mortgage Investment Conduits (REMIC) and Issuers of Collateralized Debt Obligations" for REMIC I and REMIC II. 182 (m) Neither the Trustee nor the Master Servicer shall sell, dispose of or substitute for any of the Mortgage Loans (except in connection with (i) the default, imminent default or foreclosure of a Mortgage Loan, including but not limited to, the acquisition or sale of a Mortgaged Property acquired by deed in lieu of foreclosure, (ii) the bankruptcy of REMIC I and REMIC II, (iii) the termination of REMIC I and REMIC II pursuant to Article IX of this Agreement or (iv) a purchase of Mortgage Loans pursuant to Article II or III of this Agreement) nor acquire any assets for REMIC I and REMIC II, nor sell or dispose of any investments in the Custodial Account or the Certificate Account for gain nor accept any contributions to REMIC I and REMIC II after the Closing Date unless it has received an Opinion of Counsel that such sale, disposition, substitution or acquisition will not (a) affect adversely the status of REMIC I and REMIC II as REMICs or (b) unless the Master Servicer has determined in its sole discretion to indemnify the Trust Fund against such tax, cause REMIC I and REMIC II to be subject to a tax on "prohibited transactions" or "contributions" pursuant to the REMIC Provisions. Section 10.02. Master Servicer, REMIC Administrator and ---------------------------------------- Trustee Indemnification. - ----------------------- (a) The Trustee agrees to indemnify the Trust Fund, the Company, the REMIC Administrator and the Master Servicer for any taxes and costs including, without limitation, any reasonable attorneys fees imposed on or incurred by the Trust Fund, the Company or the Master Servicer, as a result of a breach of the Trustee's covenants set forth in Article VIII or this Article X. (b) The REMIC Administrator agrees to indemnify the Trust Fund, the Company, the Master Servicer and the Trustee for any taxes and costs (including, without limitation, any reasonable attorneys' fees) imposed on or incurred by the Trust Fund, the Company, the Master Servicer or the Trustee, as a result of a breach of the REMIC Administrator's covenants set forth in this Article X with respect to compliance with the REMIC Provisions, including without limitation, any penalties arising from the Trustee's execution of Tax Returns prepared by the REMIC Administrator that contain errors or omissions; provided, however, that such liability will not be imposed to the extent such breach is a result of an error or omission in information provided to the REMIC Administrator by the Master Servicer in which case Section 10.02(c) will apply. 183 (c) The Master Servicer agrees to indemnify the Trust Fund, the Company, the REMIC Administrator and the Trustee for any taxes and costs (including, without limitation, any reasonable attorneys' fees) imposed on or incurred by the Trust Fund, the Company or the Trustee, as a result of a breach of the Master Servicer's covenants set forth in this Article X or in Article III with respect to compliance with the REMIC Provisions, including without limitation, any penalties arising from the Trustee's execution of Tax Returns prepared by the Master Servicer that contain errors or omissions. 184 ARTICLE XI CERTAIN MATTERS REGARDING FINANCIAL SECURITY Section 11.01. Rights of Financial Security To Exercise ----------------------------------------- Rights of Insured Certificateholders. ------------------------------------ By accepting its Certificate, each Insured Certificateholder agrees that unless a Financial Security Default exists, Financial Security shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders. Section 11.02. Claims Upon the FSA Policy; FSA Policy --------------------------------------- Payments Account. ---------------- 185 (a) If, on the Business Day next succeeding the Determination Date the Master Servicer determines that (i) the funds that will be on deposit in the Certificate Account, on the related Certificate Account Deposit Date, to the extent distributable to the Insured Certificateholders pursuant to Section 4.02(a)(i), together with any Insured Reserve Withdrawal for the related Distribution Date, are insufficient to pay the full amount of interest for the related Interest Accrual Period on the Certificate Principal Balance of the Insured Certificates at the related Pass-Through Rate (net of (a) any Prepayment Interest Shortfalls allocated to the Insured Certificates but only to the extent covered by the Master Servicer or the Insured Reserve Fund and (b) any interest shortfalls relating to the Soldiers' and Sailors' Relief Act of 1940, as amended) on such Distribution Date, (ii) the principal portion of any Realized Loss is allocated to the Insured Certificates on such Distribution Date or (iii) the funds available in connection with an optional termination of the Trust Fund pursuant to Section 5.06 or Section 9.01 or on the Final Distribution Date will be insufficient to reduce the Certificate Principal Balances of the Insured Certificates to zero, the Master Servicer shall deliver to the Trustee not later than 1:00 p.m. New York City time on the Business Day next succeeding the Determination Date a certificate signed by a Servicing Officer directing the Trustee to draw on the FSA Policy and stating the amount to be drawn and stating the Guaranteed Distribution Amount for each Class of Insured Certificates, and the Trustee shall give notice by telephone or telecopy of the aggregate amount of such deficiency, confirmed in writing in the form set forth as Exhibit A to the endorsement of the FSA Policy, to Financial Security and the Fiscal Agent (as defined in the FSA Policy), if any, at or before 12:00 noon, New York City time, on the Business Day prior to such Distribution Date. If, subsequent to such notice, and prior to payment by Financial Security pursuant to such notice, additional amounts are deposited in the Certificate Account, the Trustee shall reasonably promptly notify Financial Security and withdraw the notice or reduce the amount claimed, as appropriate. 186 (b) The Trustee shall establish a separate special purpose trust account for the benefit of Holders of the Insured Certificates and Financial Security referred to herein as the "FSA Policy Payments Account" over which the Trustee shall have exclusive control and sole right of withdrawal. The Trustee shall deposit any amount paid under the FSA Policy in the FSA Policy Payments Account and distribute such amount only for purposes of payment to Holders of Insured Certificates of the Guaranteed Distribution for which a claim was made. Such amount may not be applied to satisfy any costs, expenses or liabilities of the Master Servicer, the Trustee or the Trust Fund. Amounts paid under the FSA Policy shall be transferred to the Certificate Account in accordance with the next succeeding paragraph and disbursed by the Trustee to Holders of Certificates in accordance with Section 4.02(f), Section 5.06(c) or Section 9.01(c), as applicable. It shall not be necessary for such payments to be made by checks or wire transfers separate from the checks or wire transfers used to pay the Guaranteed Distribution with other funds available to make such payment. However, the amount of any payment of principal of or interest on the Insured Certificates to be paid from funds transferred from the FSA Policy Payments Account shall be noted as provided in paragraph (c) below and in the statement to be furnished to Holders of the Certificates pursuant to Section 4.03. Funds held in the FSA Policy Payments Account shall not be invested by the Master Servicer. On any Distribution Date with respect to which a claim has been made under the FSA Policy, the amount of any funds received by the Trustee as a result of any claim under the FSA Policy, to the extent required to make the Guaranteed Distribution on such Distribution Date shall be withdrawn from the FSA Policy Payments Account and deposited in the Certificate Account and applied by the Master Servicer on behalf of the Trustee, together with the other funds to be distributed to the Insured Certificateholders pursuant to Section 4.02(a)(i), directly to the payment in full of the Guaranteed Distribution due on the Insured Certificates. Any funds remaining in the FSA Policy Payments Account on the first Business Day following a Distribution Date shall be remitted to Financial Security, pursuant to the instructions of Financial Security, by the end of such Business Day. (c) The Trustee shall keep a complete and accurate record of the amount of interest and principal paid into the FSA Policy Payments Account in respect of any Certificate from moneys received under the FSA Policy. Financial Security shall have the right to inspect such records at reasonable times during normal business hours upon two Business Day's prior notice to the Trustee. 187 Section 11.03. Effect of Payments by Financial -------------------------------- Security; Subrogation. --------------------- Anything herein to the contrary notwithstanding, for purposes of this Section 11.03, any payment with respect to principal of or interest on the Insured Certificates which is made with monies received pursuant to the terms of the FSA Policy shall not be considered payment of the Insured Certificates from the Trust Fund. The Master Servicer and the Trustee acknowledge, and each Holder by its acceptance of an Insured Certificate agrees, that without the need for any further action on the part of Financial Security, the Master Servicer, the Trustee or the Certificate Registrar, to the extent Financial Security makes payments, directly or indirectly, on account of principal of or interest on the Insured Certificates to the Holders of such Certificates, Financial Security will be fully subrogated to, and each Insured Certificateholder, the Master Servicer and the Trustee hereby delegate and assign to Financial Security, to the fullest extent permitted by law, the rights of such Holders to receive such principal and interest from the Trust Fund; provided that Financial Security shall be paid such amounts but only from the sources and in the manner provided herein. The Trustee and the Master Servicer shall cooperate in all respects with any reasonable request by Financial Security for action to preserve or enforce Financial Security's rights or interests under this Agreement without limiting the rights or affecting the interests of the Holders as otherwise set forth herein. Section 11.04. Notices and Information to Financial ------------------------------------- Security. - -------- (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Certificateholders shall also be sent to Financial Security. (b) The Master Servicer shall designate a Person who shall be available to Financial Security to provide reasonable access to information regarding the Mortgage Loans. Section 11.05. Trustee to Hold FSA Policy. -------------------------- 188 The Trustee will hold the FSA Policy in trust as agent for the Insured Certificateholders for the purpose of making claims thereof and distributing the proceeds thereof. Neither the FSA Policy, nor the amounts paid on the FSA Policy will constitute part of the Trust Fund or assets of the REMIC created by this Agreement. Each Insured Certificateholder, by accepting its Certificate, appoints the Trustee as attorney-in-fact for the purpose of making claims on the FSA Policy. The Trustee shall surrender the Policy to Financial Security for cancellation upon the expiration of the term of the Policy as provided in the Policy following the retirement of the Insured Certificates. Section 11.06. Payment of Insurance Premium. ---------------------------- Unless otherwise designated in writing by the President or a Managing Director of Financial Security to the Trustee, the Insurance Premium to be paid pursuant to Section 4.02(a) shall be paid by the Trustee to Financial Security by wire transfer with the following details specifically stated in the wire transfer: Bank: Morgan Guaranty Trust Co. ABA Number: 021000238 For the account of: Financial Security Assurance Inc. Account Number: 000-33-345 Policy Number: 50466-N 189 ARTICLE XII MISCELLANEOUS PROVISIONS Section 12.01. Amendment. --------- (a) This Agreement or any Custodial Agreement may be amended from time to time by the Company, the Master Servicer and the Trustee, without the consent of any of the Certificateholders: (i) to cure any ambiguity, (ii) to correct or supplement any provisions herein or therein, which may be inconsistent with any other provisions herein or therein or to correct any error, (iii) to modify, eliminate or add to any of its provisions to such extent as shall be necessary or desirable to maintain the qualification of the Trust Fund as a REMIC at all times that any Certificate is outstanding or to avoid or minimize the risk of the imposition of any tax on the Trust Fund pursuant to the Code that would be a claim against the Trust Fund, provided that the Trustee has received an Opinion of Counsel to the effect that (A) such action is necessary or desirable to maintain such qualification or to avoid or minimize the risk of the imposition of any such tax and (B) such action will not adversely affect in any material respect the interests of any Certificateholder, (iv) to change the timing and/or nature of deposits into the Custodial Account or the Certificate Account or to change the name in which the Custodial Account is maintained, provided that (A) the Certificate Account Deposit Date shall in no event be later than the related Distribution Date, (B) such change shall not, as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of any Certificateholder and (C) such change shall not result in a reduction of the rating assigned to any Class of Certificates below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date, as evidenced by a letter from each Rating Agency to such effect, (v) to modify, eliminate or add to the provisions of Section 5.02(g) or any other provision hereof restricting transfer of the Class R-I Certificates and Class R-II Certificates, by virtue of their being the "residual interests" in REMIC I and REMIC II, respectively, provided 190 that (A) such change shall not result in reduction of the rating assigned to any such Class of Certificates below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date, as evidenced by a letter from each Rating Agency to such effect, and (B) such change shall not (subject to Section 10.01(f)), as evidenced by an Opinion of Counsel (at the expense of the party seeking so to modify, eliminate or add such provisions), cause either REMIC I or REMIC II or any of the Certificateholders (other than the transferor) to be subject to a federal tax caused by a transfer to a Person that is not a Permitted Transferee, or (vi) to provide for the Excess Spread to be certificated and designated as a Class A Certificate, or (vii) to make any other provisions with respect to matters or questions arising under this Agreement or such Custodial Agreement which shall not be materially inconsistent with the provisions of this Agreement, provided that such action shall not, as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of any Certificateholder. (b) This Agreement or any Custodial Agreement may also be amended from time to time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage Interests of each Class of Certificates affected thereby and the Owner of the Excess Spread, if affected thereby, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or such Custodial Agreement or of modifying in any manner the rights of the Holders of Certificates of such Class or of the Excess Spread; provided, however, that no such amendment shall: - -------- ------- (i) reduce in any manner the amount of, or delay the timing of, payments which are required to be distributed on any Certificate or the Excess Spread without the consent of the Holder of such Certificate or the Owner of the Excess Spread, (ii) reduce the aforesaid percentage of Certificates of any Class the Holders of which are required to consent to any such amendment, in any such case without the consent of the Holders of all Certificates of such Class then outstanding. (c) Notwithstanding any contrary provision of this Agreement, the Trustee shall not consent to any amendment to this Agreement unless it shall have first received an Opinion of 191 Counsel (subject to Section 10.01(f) and at the expense of the party seeking such amendment) to the effect that such amendment or the exercise of any power granted to the Master Servicer, the Company or the Trustee in accordance with such amendment will not result in the imposition of a federal tax on the Trust Fund or cause either REMIC I or REMIC II to fail to qualify as a REMIC at any time that any Certificate is outstanding. (d) Promptly after the execution of any such amendment the Trustee shall furnish written notification of the substance of such amendment to each Certificateholder and the Owner of the Excess Spread. It shall not be necessary for the consent of Certificateholders under this Section 12.01 to approve the particular form of any proposed amendment, but it shall be sufficient if such consent shall approve the substance thereof. The manner of obtaining such consents and of evidencing the authorization of the execution thereof by Certificateholders shall be subject to such reasonable regulations as the Trustee may prescribe. (e) The Company shall have the option, in its sole discretion, to obtain and deliver to the Trustee any corporate guaranty, payment obligation, irrevocable letter of credit, surety bond, insurance policy or similar instrument or a reserve fund, or any combination of the foregoing, for the purpose of protecting the Holders of the Class B Certificates against any or all Realized Losses or other shortfalls. Any such instrument or fund shall be held by the Trustee for the benefit of the Class B Certificateholders, but shall not be and shall not be deemed to be under any circumstances included in the Trust Fund. To the extent that any such instrument or fund constitutes a reserve fund for federal income tax purposes, (i) any reserve fund so established shall be an outside reserve fund and not an asset of the Trust Fund, (ii) any such reserve fund shall be owned by the Company, and (iii) amounts transferred by the Trust Fund to any such reserve fund shall be treated as amounts distributed by the Trust Fund to the Company or any successor, all within the meaning of Treasury Regulations Section 1.860G-2(h) as it reads as of the Cut-off Date. In connection with the provision of any such instrument or fund, this Agreement and any provision hereof may be modified, added to, deleted or otherwise amended in any manner that is related or incidental to such instrument or fund or the establishment or administration thereof, such amendment to be made by written instrument executed or consented to by the Company but without the consent of any Certificateholder and without the consent of the Master Servicer or the Trustee being required unless any such amendment would impose any additional obligation on, or otherwise adversely affect the interests of the Class A Certificateholders, the Class R Certificateholders, the Class M Certificateholders, the Master Servicer or the Trustee, as applicable; provided that the Company obtains (subject to 192 Section 10.01(f)) an Opinion of Counsel (which need not be an opinion of Independent counsel) to the effect that any such amendment will not cause (a) any federal tax to be imposed on the Trust Fund, including without limitation, any federal tax imposed on "prohibited transactions" under Section 860F(a)(1) of the Code or on "contributions after the startup date" under Section 860G(d)(1) of the Code and (b) either REMIC I or REMIC II to fail to qualify as a REMIC at any time that any Certificate is outstanding. In the event that the Company elects to provide such coverage in the form of a limited guaranty provided by General Motors Acceptance Corporation, the Company may elect that the text of such amendment to this Agreement shall be substantially in the form attached hereto as Exhibit M (in which case Residential Funding's Subordinate Certificate Loss Obligation as described in such exhibit shall be established by Residential Funding's consent to such amendment) and that the limited guaranty shall be executed in the form attached hereto as Exhibit N, with such changes as the Company shall deem to be appropriate; it being understood that the Trustee has reviewed and approved the content of such forms and that the Trustee's consent or approval to the use thereof is not required. Section 12.02. Recordation of Agreement; Counterparts. -------------------------------------- (a) To the extent permitted by applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer and at its expense on direction by the Trustee (pursuant to the request of Holders of Certificates entitled to at least 25% of the Voting Rights), but only upon direction accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Certificateholders. (b) For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original, and such counterparts shall constitute but one and the same instrument. 193 Section 12.03. Limitation on Rights of Certificateholders. ------------------------------------------ (a) The death or incapacity of any Certificateholder shall not operate to terminate this Agreement or the Trust Fund, nor entitle such Certificateholder's legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and liabilities of any of the parties hereto. (b) No Certificateholder shall have any right to vote (except as expressly provided herein) or in any manner otherwise control the operation and management of the Trust Fund, or the obligations of the parties hereto, nor shall anything herein set forth, or contained in the terms of the Certificates, be construed so as to constitute the Certificateholders or the Owner of the Excess Spread from time to time as partners or members of an association; nor shall any Certificateholder or the Owner of the Excess Spread be under any liability to any third person by reason of any action taken by the parties to this Agreement pursuant to any provision hereof. (c) Neither the Owner of the Excess Spread nor any Certificateholder shall have any right by virtue of any provision of this Agreement to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Agreement, unless such Holder previously shall have given to the Trustee a written notice of default and of the continuance thereof, as hereinbefore provided, and unless also the Holders of Certificates of any Class evidencing in the aggregate not less than 25% of the related Percentage Interests of such Class, shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder and shall have offered to the Trustee such reasonable indemnity as it may require against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee, for 60 days after its receipt of such notice, request and offer of indemnity, shall have neglected or refused to institute any such action, suit or proceeding it being understood and intended, and being expressly covenanted by each Certificateholder and the Owner of the Excess Spread with every other Certificateholder and the Trustee, that no one or more Holders of Certificates of any Class shall have any right in any manner whatever by virtue of any provision of this Agreement to affect, disturb or prejudice the rights of the Holders of any other of such Certificates of such Class or any other Class, or to obtain or seek to obtain priority over or preference to any other such Holder, or to enforce any right under this Agreement, except in the manner herein provided and for the common benefit of Certificateholders of such Class or all Classes, as the case may be. For the protection and 194 enforcement of the provisions of this Section 12.03, each and every Certificateholder and the Trustee shall be entitled to such relief as can be given either at law or in equity. Section 12.04. Governing Law. ------------- This agreement and the Certificates shall be governed by and construed in accordance with the laws of the State of New York and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws. 195 Section 12.05. Notices. ------- All demands and notices hereunder shall be in writing and shall be deemed to have been duly given if personally delivered at or mailed by registered mail, postage prepaid (except for notices to the Trustee which shall be deemed to have been duly given only when received), to (a) in the case of the Company, 8400 Normandale Lake Boulevard, Suite 700, Minneapolis, Minnesota 55437, Attention: President, or such other address as may hereafter be furnished to the Master Servicer, Financial Security and the Trustee in writing by the Company, (b) in the case of the Master Servicer, 10 Universal City Plaza, Suite 2100, Universal City, California 91608, Attention: Ms. Becker or such other address as may be hereafter furnished to the Company, Financial Security and the Trustee by the Master Servicer in writing, (c) in the case of the Trustee, Corporate Trust Services Division, One First National Plaza, Chicago, Illinois 60670-0126, Attention: Residential Funding Corporation Series 1996-S14 or such other address as may hereafter be furnished to the Company, Financial Security and the Master Servicer in writing by the Trustee, (d) in the case of Fitch, One State Street Plaza, New York, New York 10004, or such other address as may hereafter be furnished to the Company, Trustee, Financial Security and the Master Servicer in writing by Fitch and (e) in the case of Standard & Poor's, 25 Broadway, New York, New York 10004 or such other address as may be hereafter furnished to the Company, Trustee, Financial Security and Master Servicer by Standard & Poor's and (g) in the case of Financial Security, Financial Security Assurance Inc., 350 Park Avenue, New York, New York 10022, Attention: Surveillance Department, Re: Residential Funding Mortgage Securities, Inc., Mortgage Pass-Through Certificates, Series 1996-S14, (telecopy number (212) 339- 3518 or (212) 339-3529) or such other address as may hereafter be furnished to the Trustee, the Master Servicer and the Company in writing by Financial Security. Any notice required or permitted to be mailed to a Certificateholder shall be given by first class mail, postage prepaid, at the address of such holder as shown in the Certificate Register. In each case in which a notice or other communication to Financial Security refers to a Financial Security Default or a claim under the FSA Policy or with respect to which failure on the part of Financial Security to respond shall be deemed to constitute consent or acceptance, then a copy of such notice or other communication should also be sent to the attention of the General Counsel and the Head-Financial Guaranty Group at Financial Security Assurance Inc., 350 Park Avenue, New York, New York 10022 and shall be marked to indicate "URGENT MATERIAL ENCLOSED". Any notice so mailed within the time prescribed in this Agreement shall be conclusively presumed to have been duly given, whether or not the Certificateholder receives such notice. 196 Section 12.06. Notices to Rating Agency. ------------------------ The Company, the Master Servicer or the Trustee, as applicable, shall notify each Rating Agency, Financial Security and the Subservicer at such time as it is otherwise required pursuant to this Agreement to give notice of the occurrence of, any of the events described in clause (a), (b), (c), (d), (g), (h), (i) or (j) below or provide a copy to each Rating Agency at such time as otherwise required to be delivered pursuant to this Agreement of any of the statements described in clauses (e) and (f) below: (a) a material change or amendment to this Agreement, (b) the occurrence of an Event of Default, (c) the termination or appointment of a successor Master Servicer or Trustee or a change in the majority ownership of the Trustee, (d) the filing of any claim under the Master Servicer's blanket fidelity bond and the errors and omissions insurance policy required by Section 3.12 or the cancellation or modification of coverage under any such instrument, (e) the statement required to be delivered to the Holders of each Class of Certificates and the Owner of the Excess Spread pursuant to Section 4.03, (f) the statements required to be delivered pursuant to Sections 3.18 and 3.19, (g) a change in the location of the Custodial Account or the Certificate Account, (h) the occurrence of any monthly cash flow shortfall to the Holders of any Class of Certificates or the Owner of the Excess Spread resulting from the failure by the Master Servicer to make an Advance pursuant to Section 4.04, (i) the occurrence of the Final Distribution Date, (j) the repurchase of or substitution for any Mortgage Loan, and (k) any Financial Security Default that has not been cured, 197 provided, however, that with respect to notice of the occurrence of the events - -------- ------- described in clauses (d), (g) or (h) above, the Master Servicer shall provide prompt written notice to each Rating Agency, Financial Security and the Subservicer of any such event known to the Master Servicer. Section 12.07. Severability of Provisions. -------------------------- If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the Holders thereof. Section 12.08. Supplemental Provisions for Resecuritization. --------------------------------------------- This Agreement may be supplemented by means of the addition of a separate Article hereto (a "Supplemental Article") for the purpose of resecuritizing any of the Certificates issued hereunder, under the following circumstances. With respect to any Class or Classes of Certificates issued hereunder, or any portion of any such Class, as to which the Company or any of its Affiliates (or any designee thereof) is the registered Holder (the "Resecuritized Certificates"), the Company may deposit such Resecuritized Certificates into a new REMIC, grantor trust or custodial arrangement (a "Restructuring Vehicle") to be held by the Trustee pursuant to a Supplemental Article. The instrument adopting such Supplemental Article shall be executed by the Company, the Master Servicer and the Trustee; provided, that neither the Master Servicer nor the Trustee shall withhold their consent thereto if their respective interests would not be materially adversely affected thereby. To the extent that the terms of the Supplemental Article do not in any way affect any provisions of this Agreement as to any of the Certificates initially issued hereunder, the adoption of the Supplemental Article shall not constitute an "amendment" of this Agreement. Each Supplemental Article shall set forth all necessary provisions relating to the holding of the Resecuritized Certificates by the Trustee, the establishment of the Restructuring Vehicle, the issuing of various classes of new certificates by the Restructuring Vehicle and the distributions to be made thereon, and any other provisions necessary for the purposes thereof. In connection with each Supplemental Article, the Company shall deliver to the Trustee an Opinion of Counsel to the effect that (i) the Restructuring Vehicle will qualify as a REMIC, grantor trust or other entity not subject to taxation for federal income tax purposes and (ii) the adoption of the 198 Supplemental Article will not endanger the status of the Trust Fund as a REMIC or (subject to Section 10.01(f)) result in the imposition of a tax upon the Trust Fund (including but not limited to the tax on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC as set forth in Section 860G(d) of the Code. 199 IN WITNESS WHEREOF, the Company, the Master Servicer and the Trustee have caused their names to be signed hereto by their respective officers thereunto duly authorized and their respective seals, duly attested, to be hereunto affixed, all as of the day and year first above written. RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. [Seal] By:__________________________ Name: Title: Vice President Attest:__________________________ Name: Title: Vice President RESIDENTIAL FUNDING CORPORATION [Seal] By:_______________________ Name: Title: Director Attest:________________________ Name: Title: Director THE FIRST NATIONAL BANK OF CHICAGO, as Trustee [Seal] By:________________________ Name: Title: Attest:__________________________ Name: Title: STATE OF MINNESOTA ) ) ss.: COUNTY OF HENNEPIN ) On the 30th day of May, 1996 before me, a notary public in and for said State, personally appeared _____________, known to me to be a Vice President of Residential Funding Mortgage Securities I, Inc., one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. --------------------------- Notary Public [Notarial Seal] STATE OF MINNESOTA ) ) ss.: COUNTY OF HENNEPIN ) On the 30th day of May, 1996 before me, a notary public in and for said State, personally appeared _________________, known to me to be a Director of Residential Funding Corporation, one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. --------------------------- Notary Public [Notarial Seal] STATE OF ) ) ss.: COUNTY OF ) On the 30th day of May, 1996 before me, a notary public in and for said State, personally appeared ________________, known to me to be a ______________ of The First National Bank of Chicago, the national banking association that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. --------------------------- Notary Public [Notarial Seal] EXHIBIT ONE FORM OF CUSTODIAN INITIAL CERTIFICATION May 30, 1996 The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 Re: Custodial Agreement dated as of May 1, 1996, by and among The First National Bank of Chicago, Residential Funding Mortgage Securities I, Inc., Residential Funding Corporation and Norwest Bank Minnesota, National Association, Mortgage Pass-Through Certificates, Series 1996-S14 ------------------------------------------------- Ladies and Gentlemen: In accordance with Section 2.3 of the above-captioned Custodial Agreement, and subject to Section 2.02 of the Pooling Agreement, the undersigned, as Custodian, hereby certifies that it has received a Mortgage File (which contains an original Mortgage Note) to the extent required in Section 2.01(b) of the Pooling Agreement with respect to each Mortgage Loan listed in the Mortgage Loan Schedule. Capitalized words and phrases used herein shall have the respective meanings assigned to them in the above-captioned Custodial Agreement. NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION By:_________________________________________ Name:_______________________________________ Title:______________________________________ EXHIBIT TWO FORM OF CUSTODIAN INTERIM CERTIFICATION ________________ ____, 1996 The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 Re: Custodial Agreement dated as of May 1, 1996, by and among The First National Bank of Chicago, Residential Funding Mortgage Securities I, Inc., Residential Funding Corporation and Norwest Bank Minnesota, National Association, Mortgage Pass-Through Certificates, Series 1996-S14 ------------------------------------------------ Ladies and Gentlemen: In accordance with Section 2.3 of the above-captioned Custodial Agreement, the undersigned, as Custodian, hereby certifies that it has received a Mortgage File to the extent required pursuant to Section 2.01(b) of the Pooling Agreement with respect to each Mortgage Loan listed in the Mortgage Loan Schedule, and it has reviewed the Mortgage File and the Mortgage Loan Schedule and has determined that: all required documents have been executed and received and that such documents related to the Mortgage Loans identified on the Mortgage Loan Schedule, with any exceptions listed on Schedule A attached hereto. Capitalized words and phrases used herein shall have the respective meanings assigned to them in the above-captioned Custodial Agreement. NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION By:_____________________________________ Name:___________________________________ Title:__________________________________ EXHIBIT THREE FORM OF CUSTODIAN FINAL CERTIFICATION _____________ ___, 1996 The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 Re: Custodial Agreement dated as of May 1, 1996, by and among The First National Bank of Chicago, Residential Funding Mortgage Securities I, Inc., Residential Funding Corporation and Norwest Bank Minnesota, National Association, Mortgage Pass-Through Certificates, Series 1996-S14 ------------------------------------------------ Ladies and Gentlemen: In accordance with Section 2.3 of the above-captioned Custodial Agreement, the undersigned, as Custodian, hereby certifies that it has received a Mortgage File with respect to each Mortgage Loan listed in the Mortgage Loan Schedule containing (I) with respect to each such Mortgage Loan (other than a Cooperative Loan): (i) The original Mortgage Note, endorsed without recourse to the order of the Trustee and showing an unbroken chain of endorsements from the originator thereof to the Person endorsing it to the Trustee or an original lost note affidavit from the related Seller or Residential Funding stating that the original Mortgage Note was lost, misplaced or destroyed, together with a copy of the related Mortgage Note; (ii) The original Mortgage with evidence of recording indicated thereon or a copy of the Mortgage certified by the public recording office in which such mortgage has been recorded; (iii) An original Assignment of the Mortgage to the Trustee with evidence of recording indicated thereon or a copy of such assignment certified by the public recording office in which such assignment has been recorded; (iv) With respect to each Mortgage Loan other than a Cooperative Loan, the original recorded assignment or assignments of the Mortgage showing an unbroken chain of title from the originator thereof to the Person assigning it to the Trustee or a copy of such assignment or assignments of the Mortgage certified by the public recording office in which such assignment or assignments have been recorded; and (v) The original of each modification, assumption agreement or preferred loan agreement, if any, relating to such Mortgage Loan or a copy of each modification, assumption agreement or preferred loan agreement certified by the public recording office in which such document has been recorded; and (II) with respect to each Cooperative Loan so assigned: (i) The original Mortgage Note, endorsed without recourse to the order of the Trustee and showing an unbroken chain of endorsements from the originator thereof to the Person endorsing it to the Trustee, or with respect to any Destroyed Mortgage Note, an original lost note affidavit from the related Seller or Residential Funding stating that the original Mortgage Note was lost, misplaced or destroyed, together with a copy of the related Mortgage Note; (ii) A counterpart of the Cooperative Lease and the Assignment of Proprietary Lease to the originator of the Cooperative Loan with intervening assignments showing an unbroken chain of title from such originator to the Trustee; (iii) The related Cooperative Stock Certificate, representing the related Cooperative Stock pledged with respect to such Cooperative Loan, together with an undated stock power (or other similar instrument) executed in blank; (iv) The original recognition agreement by the Cooperative of the interests of the mortgagee with respect to the related Cooperative Loan; (v) The Security Agreement; (vi) Copies of the original UCC-1 financing statement, and any continuation statements, filed by the originator of such Cooperative Loan as secured party, each with evidence of recording thereof, evidencing the interest of the originator under the Security Agreement and the Assignment of Proprietary Lease; (vii) Copies of the filed UCC-3 assignments of the security interest referenced in clause (vi) above showing an unbroken chain of title from the originator to the Trustee, each with evidence of recording thereof, evidencing the interest of E-4 the originator under the Security Agreement and the Assignment of Proprietary Lease; (viii) An executed assignment of the interest of the originator in the Security Agreement, Assignment of Proprietary Lease and the recognition agreement referenced in clause (iv) above, showing an unbroken chain of title from the originator to the Trustee; (ix) The original of each modification, assumption agreement or preferred loan agreement, if any, relating to such Cooperative Loan; and (x) An executed UCC-1 financing statement showing the Master Servicer as debtor, the Company as secured party and the Trustee as assignee and an executed UCC-1 financing statement showing the Company as debtor and the Trustee as secured party, each in a form sufficient for filing, evidencing the interest of such debtors in the Cooperative Loans. Capitalized words and phrases used herein shall have the respective meanings assigned to them in the above-captioned Custodial Agreement. NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION By: -------------------------------------- Name: ------------------------------------- Title: ----------------------------------- E-5 EXHIBIT A FORM OF CLASS A CERTIFICATE SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986. [THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT.] [THE FOLLOWING INFORMATION IS PROVIDED SOLELY FOR THE PURPOSES OF APPLYING THE U.S. FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT ("OID") RULES TO THIS CERTIFICATE. THE ISSUE DATE OF THIS CERTIFICATE IS MAY 30, 1996. ASSUMING THAT THE MORTGAGE LOANS PREPAY AT 200% OF THE STANDARD PREPAYMENT ASSUMPTION (AS DESCRIBED IN THE PROSPECTUS SUPPLEMENT), [AND ASSUMING A CONSTANT PASS-THROUGH RATE EQUAL TO THE INITIAL PASS-THROUGH RATE,] THIS CERTIFICATE HAS BEEN ISSUED WITH NO MORE THAN $_____ OF OID PER [$1,000] [$100,000] OF [INITIAL CERTIFICATE PRINCIPAL BALANCE], THE YIELD TO MATURITY IS ___% AND THE AMOUNT OF OID ATTRIBUTABLE TO THE INITIAL ACCRUAL PERIOD IS NO MORE THAN $_______ PER [$1,000] [$100,000] OF [INITIAL CERTIFICATE PRINCIPAL BALANCE], COMPUTED USING THE APPROXIMATE METHOD. NO REPRESENTATION IS MADE THAT THE MORTGAGE LOANS WILL PREPAY AT A RATE BASED ON THE STANDARD PREPAYMENT ASSUMPTION OR AT ANY OTHER RATE OR AS TO THE CONSTANCY OF THE PASS-THROUGH RATE.] Certificate No. ____ [___%] Pass-Through Rate [based on a Notional Amount] Class A-__ Senior Date of Pooling and Servicing Agreement and Cut-off Date: [Percentage Interest: ___%] May 1, 1996 Aggregate [Initial Certificate Principal Balance] [Notional Amount] of the Class A-__ Certificates: First Distribution Date: June 25, 1996 Master Servicer: [Initial] [Certificate Principal Residential Funding Balance] of this Corporation Certificate: $_____________] Assumed Final Distribution Date: CUSIP 760944-_____ May 25, 2026 MORTGAGE PASS-THROUGH CERTIFICATE SERIES 1996-S14 evidencing a percentage interest in the distributions allocable to the Class A-__ Certificates with respect to a Trust Fund consisting primarily of a pool of conventional one- to four-family fixed interest rate first mortgage loans formed and sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below or GMAC Mortgage Corporation or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee or GMAC Mortgage Corporation or any of their affiliates. None of the Company, the Master Servicer, GMAC Mortgage Corporation or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that _____________________________ is the registered owner of the Percentage Interest evidenced by this A-2 Certificate [(obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial Certificate Principal Balance of all Class A-___ Certificates, both as specified above)] in certain distributions with respect to the Trust Fund consisting primarily of an interest in a pool of conventional one- to four-family fixed interest rate first mortgage loans (the "Mortgage Loans"), formed and sold by Residential Funding Mortgage Securities I, Inc. (hereinafter called the "Company," which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the "Agreement") among the Company, the Master Servicer and The First National Bank of Chicago, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing as described in the Agreement, to the Person in whose name this Certificate is registered at the close of business on the last day (or if such last day is not a Business Day, the Business Day immediately preceding such last day) of the month immediately preceding the month of such distribution (the "Record Date"), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount [(of interest and principal, if any)] required to be distributed to Holders of Class A-__ Certificates on such Distribution Date. [The Notional Amount of the Class A-14 Certificates as of any date of determination is equal to the Certificate Principal Balance of the Class A-13 Certificates immediately prior to such date.] Distributions on this Certificate will be made either by the Master Servicer acting on behalf of the Trustee or by a Paying Agent appointed by the Trustee in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Master Servicer or such Paying Agent, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for A-3 that purpose in the City and State of New York. [The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of distributions allocable to principal and any Realized Losses allocable hereto.] This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the "Certificates"). The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event Master Servicer funds are advanced with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders. As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them. The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates. As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee in the City and State of New A-4 York, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees. The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. The Company, the Master Servicer, the Trustee and the Certificate Registrar and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary. This Certificate shall be governed by and construed in accordance with the laws of the State of New York. The obligations created by the Agreement in respect of the Certificates and the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the Agreement following the earlier of (i) the maturity or other liquidation of the last Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master Servicer or the Company from the Trust Fund of all remaining Mortgage Loans and all property acquired in respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The Agreement permits, but does not require, the Master Servicer or the Company to (i) purchase at a price determined as provided in the Agreement all remaining Mortgage Loans and all property acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of the Certificates from the Holders thereof; provided, that any such option may only be exercised if the Pool Stated Principal A-5 Balance of the Mortgage Loans as of the Distribution Date upon which the proceeds of any such purchase are distributed is less than ten percent of the Cut-off Date Principal Balance of the Mortgage Loans. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Certificate Registrar, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose. A-6 IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed. Dated: THE FIRST NATIONAL BANK OF CHICAGO, as Trustee By: -------------------------------- Authorized Signatory CERTIFICATE OF AUTHENTICATION ----------------------------- This is one of the Class A-__ Certificates referred to in the within- mentioned Agreement. THE FIRST NATIONAL BANK OF CHICAGO, as Certificate Registrar By: -------------------------------- Authorized Signatory A-7 ASSIGNMENT ---------- FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto __________________________________________________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund. I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address: - -------------------------------------------------------------------------------- Dated: -------------------------------------- Signature by or on behalf of assignor --------------------------- Signature Guaranteed DISTRIBUTION INSTRUCTIONS The assignee should include the following for purposes of distribution: Distributions shall be made, by wire transfer or otherwise, in immediately available funds to _____________________________________________________________________________ for the account of _____________________________________________ account number ________________, or, if mailed by check, to ________________________________________________________________ Applicable statements should be mailed to ________________________________________________________________________________ ____. This information is provided by _____________________________, the assignee named above, or __________________________________, as its agent. EXHIBIT B FORM OF CLASS M CERTIFICATE THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES AND CLASS R-I CERTIFICATES [AND] CLASS R-II CERTIFICATES [AND CLASS M-1 CERTIFICATES] AS DESCRIBED IN THE AGREEMENT (AS DEFINED BELOW). SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE"). NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(e) OF THE AGREEMENT OR AN OPINION OF COUNSEL SATISFACTORY TO THE MASTER SERVICER, THE COMPANY AND THE TRUSTEE THAT THE PURCHASE OF THIS CERTIFICATE WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, ("ERISA"), OR SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY OR THE TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE AGREEMENT. THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT. [THE FOLLOWING INFORMATION IS PROVIDED SOLELY FOR THE PURPOSES OF APPLYING THE U.S. FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT ("OID") RULES TO THIS CERTIFICATE. THE ISSUE DATE OF THIS CERTIFICATE IS MAY 30, 1996. ASSUMING THAT THE MORTGAGE LOANS PREPAY AT 200% OF THE STANDARD PREPAYMENT ASSUMPTION (AS DESCRIBED IN THE PROSPECTUS SUPPLEMENT), THIS CERTIFICATE HAS BEEN ISSUED WITH NO MORE THAN $ OF OID PER $1,000 OF INITIAL CERTIFICATE PRINCIPAL BALANCE, THE YIELD TO MATURITY IS % AND THE AMOUNT OF OID ATTRIBUTABLE TO THE INITIAL ACCRUAL PERIOD IS NO MORE THAN $ PER $1,000 OF INITIAL CERTIFICATE PRINCIPAL BALANCE, COMPUTED UNDER THE APPROXIMATE METHOD. NO REPRESENTATION IS MADE THAT THE MORTGAGE LOANS WILL PREPAY AT A RATE BASED ON THE STANDARD PREPAYMENT ASSUMPTION OR AT ANY OTHER RATE.] Certificate No. ___ 7.50% Pass-Through Rate Class M-___ Subordinate Aggregate Certificate Principal Balance of the Class M Certificates: Date of Pooling and Servicing $_______________ Agreement and Cut-off Date: May 1, 1996 Initial Certificate Principal Balance of this Certificate: First Distribution Date: $_______________ June 25, 1996 CUSIP: 760944-_____ Master Servicer: Residential Funding Corporation Assumed Final Distribution Date: May 25, 2026 MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1996-S14 evidencing a percentage interest in any distributions allocable to the Class M-__ Certificates with respect to the Trust Fund consisting primarily of a pool of conventional one- to four-family fixed interest rate first mortgage loans formed and sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below or GMAC Mortgage Corporation or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee or GMAC Mortgage Corporation or any of their affiliates. None of the Company, the Master Servicer, GMAC Mortgage Corporation or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that _________________________ is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Certificate Principal Balance of this Certificate by the aggregate Certificate Principal B-2 Balance of all Class M-__ Certificates, both as specified above) in certain distributions with respect to a Trust Fund consisting primarily of a pool of conventional one- to four-family fixed interest rate first mortgage loans (the "Mortgage Loans"), formed and sold by Residential Funding Mortgage Securities I, Inc. (hereinafter called the "Company," which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the "Agreement") among the Company, the Master Servicer and The First National Bank of Chicago, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing as described in the Agreement, to the Person in whose name this Certificate is registered at the close of business on the last day (or if such last day is not a Business Day, the Business Day immediately preceding such last day) of the month immediately preceding the month of such distribution (the "Record Date"), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of interest and principal, if any) required to be distributed to Holders of Class M-__ Certificates on such Distribution Date. Distributions on this Certificate will be made either by the Master Servicer acting on behalf of the Trustee or by a Paying Agent appointed by the Trustee in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Master Servicer or such Paying Agent, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of the distributions allocable to principal and any Realized Losses allocable hereto. B-3 No transfer of this Class M Certificate will be made unless the Trustee has received either (i) an opinion of counsel acceptable to and in form and substance satisfactory to the Trustee, the Company and the Master Servicer with respect to the permissibility of such transfer under the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and Section 4975 of the Internal Revenue Code (the "Code") and stating, among other things, that the transferee's acquisition of a Class M Certificate will not constitute or result in a non-exempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code or (ii) a representation letter, in the form as described by the Agreement, either stating that the transferee is not an employee benefit or other plan subject to the prohibited transaction provisions of ERISA or Section 4975 of the Code (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan, or stating that the transferee is an insurance company, the source of funds to be used by it to purchase the Certificate is an "insurance company general account" (within the meaning of Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60), and the purchase is being made in reliance upon the availability of the exemptive relief afforded under Section III of PTCE 95-60. This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the "Certificates"). The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event Master Servicer funds are advanced with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders. As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them. The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and B-4 the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates. As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee in the City and State of New York, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees. The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. The Company, the Master Servicer, the Trustee and the Certificate Registrar and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary. B-5 This Certificate shall be governed by and construed in accordance with the laws of the State of New York. The obligations created by the Agreement in respect of the Certificates and the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the Agreement following the earlier of (i) the maturity or other liquidation of the last Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master Servicer or the Company from the Trust Fund of all remaining Mortgage Loans and all property acquired in respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The Agreement permits, but does not require, the Master Servicer or the Company to (i) purchase at a price determined as provided in the Agreement all remaining Mortgage Loans and all property acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of the Certificates from the Holders thereof; provided, that any such option may only be exercised if the Pool Stated Principal Balance of the Mortgage Loans as of the Distribution Date upon which the proceeds of any such purchase are distributed is less than ten percent of the Cut-off Date Principal Balance of the Mortgage Loans. Unless the certificate of authentication hereon has been executed by the Certificate Registrar, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose. B-6 IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed. Dated: THE FIRST NATIONAL BANK OF CHICAGO, as Trustee By: --------------------------------- Authorized Signatory CERTIFICATE OF AUTHENTICATION ----------------------------- This is one of the Class M-__ Certificates referred to in the within- mentioned Agreement. THE FIRST NATIONAL BANK OF CHICAGO, as Certificate Registrar By: ----------------------------- Authorized Signatory B-7 ASSIGNMENT ---------- FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto __________________________________________________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund. I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address: - -------------------------------------------------------------------------------- Dated: -------------------------------------------- Signature by or on behalf of assignor -------------------------------- Signature Guaranteed DISTRIBUTION INSTRUCTIONS The assignee should include the following for purposes of distribution: Distributions shall be made, by wire transfer or otherwise, in immediately available funds to _____________________________________________________________________________ for the account of _____________________________________________ account number ________________, or, if mailed by check, to ________________________________________________________________ Applicable statements should be mailed to _______________________________________________________________________________. This information is provided by _____________________________, the assignee named above, or __________________________________, as its agent. EXHIBIT C FORM OF CLASS B CERTIFICATE THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES, CLASS R-I CERTIFICATES, CLASS R-II CERTIFICATES AND CLASS M CERTIFICATES AS DESCRIBED IN THE AGREEMENT (AS DEFINED HEREIN). THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT. NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(e) OF THE AGREEMENT OR AN OPINION OF COUNSEL SATISFACTORY TO THE MASTER SERVICER, THE COMPANY AND THE TRUSTEE THAT THE PURCHASE OF THIS CERTIFICATE WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, ("ERISA"), OR SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY OR THE TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE AGREEMENT. SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE CODE. THE FOLLOWING INFORMATION IS PROVIDED SOLELY FOR THE PURPOSES OF APPLYING THE U.S. FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT ("OID") RULES TO THIS CERTIFICATE. THE ISSUE DATE OF THIS CERTIFICATE IS MAY 30, 1996. ASSUMING THAT THE MORTGAGE LOANS PREPAY AT 200% OF THE STANDARD PREPAYMENT ASSUMPTION (AS DESCRIBED IN THE PROSPECTUS SUPPLEMENT), THIS CERTIFICATE HAS BEEN ISSUED WITH NO MORE THAN $___ OF OID PER $1,000 OF INITIAL CERTIFICATE PRINCIPAL BALANCE, THE YIELD TO MATURITY IS ____% AND THE AMOUNT OF OID ATTRIBUTABLE TO THE INITIAL ACCRUAL PERIOD IS NO MORE THAN $____ PER $1,000 OF INITIAL CERTIFICATE PRINCIPAL BALANCE, COMPUTED UNDER THE APPROXIMATE METHOD. NO REPRESENTATION IS MADE THAT THE MORTGAGE LOANS WILL PREPAY AT A RATE BASED ON THE STANDARD PREPAYMENT ASSUMPTION OR AT ANY OTHER RATE. Certificate No. __ 7.000 % Pass-Through Rate Class B-__ Subordinate Aggregate Certificate Principal Balance of the Class B-__ Certificates as of Date of Pooling and Servicing the Cut-off Date: Agreement and Cut-off Date: $_______________ May 1, 1996 Initial Certificate Principal Balance of this Certificate: First Distribution Date: $_______________ June 25, 1996 Master Servicer: Residential Funding Corporation Assumed Final Distribution Date: May 25, 2026 MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1996-S14 evidencing a percentage interest in any distributions allocable to the Class B-__ Certificates with respect to the Trust Fund consisting primarily of a pool of conventional one- to four-family fixed interest rate first mortgage loans formed and sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below or GMAC Mortgage Corporation or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee or GMAC Mortgage Corporation or any of their affiliates. None of the Company, the Master Servicer, GMAC Mortgage Corporation or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that Residential Funding Mortgage Securities I, Inc. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Certificate Principal Balance of this Certificate by the aggregate C-2 Certificate Principal Balance of all Class B-__ Certificates, both as specified above) in certain distributions with respect to a Trust Fund consisting primarily of a pool of conventional one- to four-family fixed interest rate first mortgage loans (the "Mortgage Loans"), formed and sold by Residential Funding Mortgage Securities I, Inc. (hereinafter called the "Company," which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the "Agreement") among the Company, the Master Servicer and The First National Bank of Chicago, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the last day (or if such last day is not a Business Day, the Business Day immediately preceding such last day) of the month next preceding the month of such distribution (the "Record Date"), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of interest and principal, if any) required to be distributed to Holders of Class B Certificates on such Distribution Date. Distributions on this Certificate will be made either by the Master Servicer acting on behalf of the Trustee or by a Paying Agent appointed by the Trustee in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Master Servicer or such Paying Agent, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of the distributions allocable to principal and any Realized Losses allocable hereto. C-3 No transfer of this Class B Certificate will be made unless such transfer is exempt from the registration requirements of the Securities Act of 1933, as amended, and any applicable state securities laws or is made in accordance with said Act and laws. In the event that such a transfer is to be made, (i) the Trustee or the Company may require an opinion of counsel acceptable to and in form and substance satisfactory to the Trustee and the Company that such transfer is exempt (describing the applicable exemption and the basis therefor) from or is being made pursuant to the registration requirements of the Securities Act of 1933, as amended, and of any applicable statute of any state and (ii) the transferee shall execute an investment letter in the form described by the Agreement. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee, the Company, the Master Servicer and the Certificate Registrar acting on behalf of the Trustee against any liability that may result if the transfer is not so exempt or is not made in accordance with such Federal and state laws. In connection with any such transfer, the Trustee will also require either (i) an opinion of counsel acceptable to and in form and substance satisfactory to the Trustee, the Company and the Master Servicer with respect to the permissibility of such transfer under the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and Section 4975 of the Internal Revenue Code (the "Code") and stating, among other things, that the transferee's acquisition of a Class B Certificate will not constitute or result in a non-exempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code or (ii) a representation letter, in the form as described by the Agreement, either stating that the transferee is not an employee benefit or other plan subject to the prohibited transaction provisions of ERISA or Section 4975 of the Code (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan, or stating that the transferee is an insurance company, the source of funds to be used by it to purchase the Certificate is an "insurance company general account" (within the meaning of Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60), and the purchase is being made in reliance upon the availability of the exemptive relief afforded under Section III of PTCE 95-60. This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the "Certificates"). The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. C-4 In the event Master Servicer funds are advanced with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders. As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them. The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates. As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee in the City and State of New York, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees. The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations C-5 evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. The Company, the Master Servicer, the Trustee and the Certificate Registrar and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary. This Certificate shall be governed by and construed in accordance with the laws of the State of New York. The obligations created by the Agreement in respect of the Certificates and the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the Agreement following the earlier of (i) the maturity or other liquidation of the last Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master Servicer or the Company from the Trust Fund of all remaining Mortgage Loans and all property acquired in respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The Agreement permits, but does not require, the Master Servicer or the Company to (i) purchase at a price determined as provided in the Agreement all remaining Mortgage Loans and all property acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of the Certificates from the Holders thereof; provided, that any such option may only be exercised if the Pool Stated Principal Balance of the Mortgage Loans as of the Distribution Date upon which the proceeds of any such purchase are distributed is less than ten percent of the Cut-off Date Principal Balance of the Mortgage Loans. Unless the certificate of authentication hereon has been executed by the Certificate Registrar, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose. C-6 IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed. Dated: THE FIRST NATIONAL BANK OF CHICAGO, as Trustee By: -------------------------------- Authorized Signatory CERTIFICATE OF AUTHENTICATION ----------------------------- This is one of the Class M-__ Certificates referred to in the within- mentioned Agreement. THE FIRST NATIONAL BANK OF CHICAGO, as Certificate Registrar By: ------------------------------ Authorized Signatory C-7 ASSIGNMENT ---------- FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto __________________________________________________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund. I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address: - -------------------------------------------------------------------------------- Dated: ---------------------------------------------- Signature by or on behalf of assignor -------------------------- Signature Guaranteed DISTRIBUTION INSTRUCTIONS The assignee should include the following for purposes of distribution: Distributions shall be made, by wire transfer or otherwise, in immediately available funds to _____________________________________________________________________________ for the account of _____________________________________________ account number ________________, or, if mailed by check, to ________________________________________________________________ Applicable statements should be mailed to ________________________________________________________________________________ ____. This information is provided by _____________________________, the assignee named above, or __________________________________, as its agent. EXHIBIT D FORM OF CLASS R CERTIFICATE THIS CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON-UNITED STATES PERSON OR A DISQUALIFIED ORGANIZATION (AS DEFINED BELOW). SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "RESIDUAL INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE"). NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(e) OF THE AGREEMENT OR AN OPINION OF COUNSEL SATISFACTORY TO THE MASTER SERVICER, THE COMPANY AND THE TRUSTEE THAT THE PURCHASE OF THIS CERTIFICATE WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, ("ERISA"), OR SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY OR THE TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE AGREEMENT. ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE MASTER SERVICER AND THE TRUSTEE THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE, (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B) OR (C) BEING HEREIN REFERRED TO AS A "DISQUALIFIED ORGANIZATION") OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION, (2) NO PURPOSE OF SUCH TRANSFER IS TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX AND (3) SUCH TRANSFEREE SATISFIES CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OR ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. Certificate No. ___ 7.50% Pass-Through Rate Class [R-I][R-II] Senior Aggregate Initial Certificate Principal Balance of the Class [R-I][R- II] Certificates: Date of Pooling and Servicing $100.00 Agreement and Cut-off Date: May 1, 1996 Initial Certificate Principal Balance of this Certificate: First Distribution Date: $_______________ June 25, 1996 Percentage Interest: Master Servicer: _______% Residential Funding Corporation CUSIP 760944-_____ Assumed Final Distribution Date: May 25, 2026 MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1996-S14 evidencing a percentage interest in any distributions allocable to the Class [R-I][R-II] Certificates with respect to REMIC I. REMIC I is part of a Trust Fund consisting primarily of a pool of conventional one- to four- family fixed interest rate first mortgage loans formed and sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below or GMAC Mortgage Corporation or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Residential Funding Mortgage Securities I, Inc., the Master Servicer, the Trustee or GMAC Mortgage Corporation or any of their affiliates. None of the Company, the Master Servicer, GMAC Mortgage Corporation or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that _________________________ is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial D-2 Certificate Principal Balance of all Class [R-I][R-II] Certificates, both as specified above) in certain distributions with respect to REMIC I. REMIC I is part of a Trust Fund consisting primarily of a pool of conventional one- to four-family fixed interest rate first mortgage loans (the "Mortgage Loans"), formed and sold by Residential Funding Mortgage Securities I, Inc. (hereinafter called the "Company," which term includes any successor entity under the Agreement referred to below). The Trust Fund and REMIC I were created pursuant to a Pooling and Servicing Agreement dated as specified above (the "Agreement") among the Company, the Master Servicer and The First National Bank of Chicago, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing as described in the Agreement, to the Person in whose name this Certificate is registered at the close of business on the last day (or if such last day is not a Business Day, the Business Day immediately preceding such last day) of the month immediately preceding the month of such distribution (the "Record Date"), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of interest and principal, if any) required to be distributed to Holders of Class [R-I][R- II] Certificates on such Distribution Date. Each Holder of this Certificate will be deemed to have agreed to be bound by the restrictions set forth in the Agreement to the effect that (i) each person holding or acquiring any Ownership Interest in this Certificate must be a United States Person and a Permitted Transferee, (ii) the transfer of any Ownership Interest in this Certificate will be conditioned upon the delivery to the Trustee of, among other things, an affidavit to the effect that it is a United States Person and Permitted Transferee, (iii) any attempted or purported transfer of any Ownership Interest in this Certificate in violation of such restrictions will be absolutely null and void and will vest no rights in the purported transferee, and (iv) if any person other than a United States Person and a Permitted Transferee acquires any Ownership Interest in this Certificate in violation of such restrictions, then the Company will have the right, in its sole discretion and without notice to the Holder of this Certificate, to sell this Certificate to a purchaser selected by the Company, D-3 which purchaser may be the Company, or any affiliate of the Company, on such terms and conditions as the Company may choose. Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of distributions allocable to principal and any Realized Losses allocable hereto. Notwithstanding the reduction of the Certificate Principal Balance hereof to zero, this Certificate will remain outstanding under the Agreement and the Holder hereof may have additional obligations with respect to this Certificate, including tax liabilities, and may be entitled to certain additional distributions hereon, in accordance with the terms and provisions of the Agreement. No transfer of this Class R Certificate will be made unless the Trustee has received either (i) an opinion of counsel acceptable to and in form and substance satisfactory to the Trustee, the Company and the Master Servicer with respect to the permissibility of such transfer under the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and Section 4975 of the Internal Revenue Code (the "Code") and stating, among other things, that the transferee's acquisition of a Class R Certificate will not constitute or result in a non-exempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code or (ii) a representation letter, in the form as described by the Agreement, stating that the transferee is not an employee benefit or other plan subject to the prohibited transaction provisions of ERISA or Section 4975 of the Code (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan. This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the "Certificates"). The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event Master Servicer funds are advanced with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders. D-4 As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them. The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates. As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee in the City and State of New York, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees. The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange, but the Trustee may require D-5 payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. The Company, the Master Servicer, the Trustee and the Certificate Registrar and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary. This Certificate shall be governed by and construed in accordance with the laws of the State of New York. The obligations created by the Agreement in respect of the Certificates and the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the Agreement following the earlier of (i) the maturity or other liquidation of the last Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master Servicer or the Company from the Trust Fund of all remaining Mortgage Loans and all property acquired in respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The Agreement permits, but does not require, the Master Servicer or the Company to (i) purchase at a price determined as provided in the Agreement all remaining Mortgage Loans and all property acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of the Certificates from the Holders thereof; provided, that any such option may only be exercised if the Pool Stated Principal Balance of the Mortgage Loans as of the Distribution Date upon which the proceeds of any such purchase are distributed is less than ten percent of the Cut-off Date Principal Balance of the Mortgage Loans. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purpose have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Certificate Registrar, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose. D-6 IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed. Dated: THE FIRST NATIONAL BANK OF CHICAGO as Trustee By: -------------------------------- Authorized Signatory CERTIFICATE OF AUTHENTICATION ----------------------------- This is one of the Class [R-I][R-II] Certificates referred to in the within-mentioned Agreement. THE FIRST NATIONAL BANK OF CHICAGO, as Certificate Registrar By: -------------------------------- Authorized Signatory D-7 ASSIGNMENT ---------- FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto __________________________________________________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund. I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address: - -------------------------------------------------------------------------------- Dated: ------------------------------------------------------ Signature by or on behalf of assignor ---------------------------------------- Signature Guaranteed DISTRIBUTION INSTRUCTIONS The assignee should include the following for purposes of distribution: Distributions shall be made, by wire transfer or otherwise, in immediately available funds to _____________________________________________________________________________ for the account of _____________________________________________ account number ________________, or, if mailed by check, to ________________________________________________________________ Applicable statements should be mailed to ________________________________________________________________________________ ____. This information is provided by _____________________________, the assignee named above, or __________________________________, as its agent. EXHIBIT E CUSTODIAL AGREEMENT ------------------- THIS CUSTODIAL AGREEMENT (as amended and supplemented from time to time, the "Agreement"), dated as of May 1, 1996, by and among THE FIRST NATIONAL BANK OF CHICAGO, as Trustee (including its successors under the Pooling Agreement defined below, the "Trustee"), RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (together with any successor in interest, the "Company"), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with any successor in interest or successor under the Pooling Agreement referred to below, the "Master Servicer"), and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION (together with any successor in interest or any successor appointed hereunder, the "Custodian"). W I T N E S S E T H T H A T : - - - - - - - - - - - - - - WHEREAS, the Company, the Master Servicer, and the Trustee have entered into a Pooling and Servicing Agreement dated as of May 1, 1996, relating to the issuance of Residential Funding Mortgage Securities I, Inc., Mortgage Pass-Through Certificates, Series 1996-S14 (as in effect on the date of this agreement, the "Original Pooling Agreement," and as amended and supplemented from time to time, the "Pooling Agreement"); and WHEREAS, the Custodian has agreed to act as agent for the Trustee for the purposes of receiving and holding certain documents and other instruments delivered by the Company and the Master Servicer under the Pooling Agreement, all upon the terms and conditions and subject to the limitations hereinafter set forth; NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements hereinafter set forth, the Trustee, the Company, the Master Servicer and the Custodian hereby agree as follows: ARTICLE I Definitions Capitalized terms used in this Agreement and not defined herein shall have the meanings assigned in the Original Pooling Agreement, unless otherwise required by the context herein. ARTICLE II Custody of Mortgage Documents Section 2.1. Custodian to Act as Agent; Acceptance of Mortgage Files. ------------------------------------------------------- The Custodian, as the duly appointed agent of the Trustee for these purposes, acknowledges receipt of the Mortgage Files relating to the Mortgage Loans identified on the schedule attached hereto (the "Mortgage Files") and declares that it holds and will hold the Mortgage Files as agent for the Trustee, in trust, for the use and benefit of all present and future Certificateholders. Section 2.2. Recordation of Assignments. If any Mortgage File -------------------------- includes one or more assignments to the Trustee of Mortgage Notes and related Mortgages that have not been recorded, each such assignment shall be delivered by the Custodian to the Company for the purpose of recording it in the appropriate public office for real property records, and the Company, at no expense to the Custodian, shall promptly cause to be recorded in the appropriate public office for real property records each such assignment and, upon receipt thereof from such public office, shall return each such assignment to the Custodian. Section 2.3. Review of Mortgage Files. ------------------------ (a) On or prior to the Closing Date, the Custodian shall deliver to the Trustee an Initial Certification in the form annexed hereto as Exhibit One evidencing receipt of a Mortgage File for each Mortgage Loan listed on the Schedule attached hereto (the "Mortgage Loan Schedule"). (b) Within 45 days of the initial issuance of the Certificates, the Custodian agrees, for the benefit of Certificateholders, to review, in accordance with the provisions of Section 2.02 of the Pooling Agreement, each Mortgage File, and shall deliver to the Trustee an Interim Certification in the form annexed hereto as Exhibit Two to the effect that all documents required to be delivered pursuant to Section 2.01(b) of the Pooling Agreement have been executed and received and that such documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule, except for any exceptions listed on Schedule A attached to such Interim Certification. Within 45 days of receipt of the documents required to be delivered pursuant to Section 2.01(c) of the Pooling Agreement, the Custodian agrees, for the benefit of Certificateholders, to review, in accordance with the provisions of Section 2.02 of the Pooling Agreement, each such document, and shall deliver to the Trustee either (i) an Interim Certification in the form attached hereto as Exhibit Two to the effect that all such documents relate to the Mortgage Loans E-2 identified on the Mortgage Loan Schedule, except for any exceptions listed on Schedule A attached to such Interim Certification or (ii) a Final Certification as set forth in subsection (c) below. The Custodian shall be under no duty or obligation to inspect, review or examine said documents, instruments, certificates or other papers to determine that the same are genuine, enforceable, or appropriate for the represented purpose or that they have actually been recorded or that they are other than what they purport to be on their face. If in performing the review required by this Section 2.3 the Custodian finds any document or documents constituting a part of a Mortgage File to be defective in any material respect, the Custodian shall promptly so notify the Company, the Master Servicer and the Trustee. Upon receipt of written notification from the Master Servicer, signed by a Servicing Officer, that the Master Servicer or a Subservicer, as the case may be, has made a deposit into the Certificate Account in payment for the purchase of the related Mortgage Loan in an amount equal to the Purchase Price for such Mortgage Loan, the Custodian shall release to the Master Servicer the related Mortgage File. (c) Upon receipt of all documents required to be in the Mortgage Files the Custodian shall deliver to the Trustee a Final Certification in the form annexed hereto as Exhibit Three evidencing the completeness of the Mortgage Files. Upon receipt of written request from the Trustee, the Custodian shall as soon as practicable supply the Trustee with a list of all of the documents relating to the Mortgage Loans then contained in the Mortgage Files. Section 2.4. Notification of Breaches of Representations and ----------------------------------------------- Warranties. Upon discovery by the Custodian of a breach of any representation - ---------- or warranty made by the Master Servicer or the Company as set forth in the Pooling Agreement or by a Seller in a Seller's Agreement or by Residential Funding or the Company in the Assignment Agreement with respect to a Mortgage Loan relating to a Mortgage File, the Custodian shall give prompt written notice to the Company, the Master Servicer and the Trustee. Section 2.5. Custodian to Cooperate; Release of Mortgage Files. Upon ------------------------------------------------- the repurchase or substitution of any Mortgage Loan pursuant to Article II of the Pooling Agreement or payment in full of any Mortgage Loan, or the receipt by the Master Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Master Servicer shall immediately notify the Custodian by a certification (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account E-3 pursuant to Section 3.07 of the Pooling Agreement have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File. The Custodian agrees, upon receipt of such certification and request, promptly to release to the Master Servicer the related Mortgage File. The Master Servicer shall deliver to the Custodian and the Custodian agrees to accept the Mortgage Note and other documents constituting the Mortgage File with respect to any Qualified Substitute Mortgage Loan. From time to time as is appropriate for the servicing or foreclosures of any Mortgage Loan, including, for this purpose, collection under any Primary Insurance Policy or any Mortgage Pool Insurance Policy, the Master Servicer shall deliver to the Custodian a certificate of a Servicing Officer requesting that possession of all, or any document constituting part, of the Mortgage File be released to the Master Servicer and certifying as to the reason for such release and that such release will not invalidate any insurance coverage provided in respect of the Mortgage Loan under any of the Required Insurance Policies. With such certificate, the Master Servicer shall deliver to the Custodian a trust receipt signed by a Servicing Officer on behalf of the Master Servicer, and upon receipt of the foregoing, the Custodian shall deliver the Mortgage File or such document to the Master Servicer. The Master Servicer shall cause each Mortgage File or any document therein so released to be returned to the Custodian when the need therefor by the Master Servicer no longer exists, unless (i) the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or (ii) the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non- judicially, and the Master Servicer has delivered to the Custodian a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. In the event of the liquidation of a Mortgage Loan, the Custodian shall deliver the Trust Receipt with respect thereto to the Master Servicer upon deposit of the related Liquidation Proceeds in the Custodial Account as provided in the Pooling Agreement. Section 2.6. Assumption Agreements. In the event that any assumption --------------------- agreement or substitution of liability agreement is entered into with respect to any Mortgage Loan subject to this Agreement in accordance with the terms and provisions of the Pooling Agreement, the Master Servicer shall notify the Custodian that such assumption or E-4 substitution agreement has been completed by forwarding to the Custodian the original of such assumption or substitution agreement, which shall be added to the related Mortgage File and, for all purposes, shall be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting parts thereof. ARTICLE III Concerning the Custodian Section 3.1. Custodian a Bailee and Agent of the Trustee. With ------------------------------------------- respect to each Mortgage Note, Mortgage and other documents constituting each Mortgage File which are delivered to the Custodian, the Custodian is exclusively the bailee and agent of the Trustee and has no instructions to hold any Mortgage Note or Mortgage for the benefit of any person other than the Trustee, holds such documents for the benefit of Certificateholders and undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. Except upon compliance with the provisions of Section 2.5 of this Agreement, no Mortgage Note, Mortgage or other document constituting a part of a Mortgage File shall be delivered by the Custodian to the Company or the Master Servicer or otherwise released from the possession of the Custodian. Section 3.2. Indemnification. The Company hereby agrees to indemnify --------------- and hold the Custodian harmless from and against all claims, liabilities, losses, actions, suits or proceedings at law or in equity, or any other expenses, fees or charges of any character or nature, which the Custodian may incur or with which the Custodian may be threatened by reason of its acting as custodian under this Agreement, including indemnification of the Custodian against any and all expenses, including attorney's fees if counsel for the Custodian has been approved by the Company, and the cost of defending any action, suit or proceedings or resisting any claim. Notwithstanding the foregoing, it is specifically understood and agreed that in the event any such claim, liability, loss, action, suit or proceeding or other expense, fee or charge shall have been caused by reason of any negligent act, negligent failure to act or willful misconduct on the part of the Custodian, or which shall constitute a willful breach of its duties hereunder, the indemnification provisions of this Agreement shall not apply. Section 3.3. Custodian May Own Certificates. The Custodian in its ------------------------------ individual or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Custodian. Section 3.4. Master Servicer to Pay Custodian's Fees and Expenses. ---------------------------------------------------- The Master Servicer covenants and agrees to pay to E-5 the Custodian from time to time, and the Custodian shall be entitled to, reasonable compensation for all services rendered by it in the exercise and performance of any of the powers and duties hereunder of the Custodian, and the Master Servicer will pay or reimburse the Custodian upon its request for all reasonable expenses, disbursements and advances incurred or made by the Custodian in accordance with any of the provisions of this Agreement (including the reasonable compensation and the expenses and disbursements of its counsel and of all persons not regularly in its employ), except any such expense, disbursement or advance as may arise from its negligence or bad faith. Section 3.5. Custodian May Resign; Trustee May Remove Custodian. The -------------------------------------------------- Custodian may resign from the obligations and duties hereby imposed upon it as such obligations and duties relate to its acting as Custodian of the Mortgage Loans. Upon receiving such notice of resignation, the Trustee shall either take custody of the Mortgage Files itself and give prompt notice thereof to the Company, the Master Servicer and the Custodian, or promptly appoint a successor Custodian by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Custodian and one copy to the successor Custodian. If the Trustee shall not have taken custody of the Mortgage Files and no successor Custodian shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Custodian may petition any court of competent jurisdiction for the appointment of a successor Custodian. The Trustee may remove the Custodian at any time. In such event, the Trustee shall appoint, or petition a court of competent jurisdiction to appoint, a successor Custodian hereunder. Any successor Custodian shall be a depository institution subject to supervision or examination by federal or state authority and shall be able to satisfy the other requirements contained in Section 3.7 and shall be unaffiliated with the Master Servicer or the Company. Any resignation or removal of the Custodian and appointment of a successor Custodian pursuant to any of the provisions of this Section 3.5 shall become effective upon acceptance of appointment by the successor Custodian. The Trustee shall give prompt notice to the Company and the Master Servicer of the appointment of any successor Custodian. No successor Custodian shall be appointed by the Trustee without the prior approval of the Company and the Master Servicer. Section 3.6. Merger or Consolidation of Custodian. Any Person into ------------------------------------ which the Custodian may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Custodian E-6 shall be a party, or any Person succeeding to the business of the Custodian, shall be the successor of the Custodian hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. Section 3.7. Representations of the Custodian. The Custodian hereby -------------------------------- represents that it is a depository institution subject to supervision or examination by a federal or state authority, has a combined capital and surplus of at least $10,000,000 and is qualified to do business in the jurisdictions in which it will hold any Mortgage File. ARTICLE IV Miscellaneous Provisions Section 4.1. Notices. All notices, requests, consents and demands ------- and other communications required under this Agreement or pursuant to any other instrument or document delivered hereunder shall be in writing and, unless otherwise specifically provided, may be delivered personally, by telegram or telex, or by registered or certified mail, postage prepaid, return receipt requested, at the addresses specified on the signature page hereof (unless changed by the particular party whose address is stated herein by similar notice in writing), in which case the notice will be deemed delivered when received. Section 4.2. Amendments. No modification or amendment of or ---------- supplement to this Agreement shall be valid or effective unless the same is in writing and signed by all parties hereto, and neither the Company, the Master Servicer nor the Trustee shall enter into any amendment hereof except as permitted by the Pooling Agreement. The Trustee shall give prompt notice to the Custodian of any amendment or supplement to the Pooling Agreement and furnish the Custodian with written copies thereof. Section 4.3. Governing Law. This Agreement shall be deemed a ------------- contract made under the laws of the State of New York and shall be construed and enforced in accordance with and governed by the laws of the State of New York. Section 4.4. Recordation of Agreement. To the extent permitted by ------------------------ applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer and at its expense on direction by the Trustee (pursuant to the E-7 request of holders of Certificates evidencing undivided interests in the aggregate of not less than 25% of the Trust Fund), but only upon direction accompanied by an Opinion of Counsel reasonably satisfactory to the Master Servicer to the effect that the failure to effect such recordation is likely to materially and adversely affect the interests of the Certificateholders. For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original, and such counterparts shall constitute but one and the same instrument. Section 4.5. Severability of Provisions. If any one or more of the -------------------------- covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the holders thereof. E-8 EXHIBIT F MORTGAGE LOAN SCHEDULE RUN ON : 05/16/96 RFC DISCLOSURE SYSTEM RFFSD177-01 AT : 13.36.39 FIXED RATE LOAN LISTING AMORTIZED BALANCE SERIES : RFMSI I 1996-S14 CUTOFF : 05/01/96 POOL : 0004208 : : POOL STATUS: F RFC LOAN # S/S CODE PMT TYPE ORIGINAL BAL LOAN FEATURE MORTGAGOR NAME ORIG TERM PRINCIPAL BAL # OF UNITS ADDRESS ORIG RATE ORIGINAL P+I LTV ADDRESS LINE 2 CURR NET CURRENT P+I VALUE CITY STATE ZIP LOAN PURP NOTE DATE MI CO CODE SERVICER LOAN # PROP TYPE 1ST PMT DATE MI CVG SELLER LOAN # OCCP CODE MATURITY DATE INVESTOR LOAN # ______________________________________________________________________________ 1447659 A13/728 F 336,000.00 ZZ ROCCHIO JR FREDERICKJ 360 334,389.93 1 4049 WATER WILLOW LANE 8.000 2,465.45 80 7.750 2,465.45 420,000.00 HOOVER AL 35244 1 09/29/95 00 0380236894 05 11/01/95 0 600010501 O 10/01/25 0 1473006 B42/728 F 195,000.00 ZZ SOLIVEN JOSEPH D 360 195,000.00 1 3361 LINDMUIR DRIVE 8.625 1,516.69 75 8.375 1,516.69 260,000.00 SAN JOSE CA 95121 2 04/16/96 00 0380434002 05 06/01/96 0 26154 O 05/01/26 0 1473785 405/405 F 243,000.00 ZZ HESS RICHARD G 360 241,999.63 1 19635 98TH AVE NE 8.750 1,911.69 80 8.500 1,911.69 303,750.00 BOTHELL WA 98011 1 09/08/95 00 3750197 05 11/01/95 0 3750197 O 10/01/25 0 1475950 447/447 F 226,500.00 ZZ BOEHME JUDD 360 225,822.00 1 748 SOUTH 900 EAST 8.250 1,701.62 79 8.000 1,701.62 288,000.00 SPRINGVILLE UT 84663 2 12/14/95 01 3362154 05 02/01/96 0 1 3362154 O 01/01/26 0 1476842 354/354 F 369,700.00 ZZ SCHWARZ PETER J 360 367,718.86 1 2607 WILLOWYCK CIRCLE 8.125 2,745.01 80 7.875 2,745.01 464,493.00 PEARLAND TX 77584 1 08/31/95 00 20015004 03 10/01/95 0 20015004 O 09/01/25 0 1480719 A88/728 F 350,000.00 ZZ KNOX WALTER E 360 350,000.00 1 30135 BUCK BRYAN ROAD 8.375 2,660.25 77 8.125 2,660.25 460,000.00 TRAPPE MD 21673 2 04/26/96 00 0380433889 05 06/01/96 0 101960101 O 05/01/26 0 1483590 559/728 F 457,600.00 ZZ GIUDICI MARTIN R 360 457,600.00 1 135 CRESTVIEW PLACE 8.750 3,599.94 80 8.500 3,599.94 572,500.00 RENO NV 89509 2 04/12/96 00 0380436049 05 06/01/96 0 0488262 O 05/01/26 0 1488806 B25/728 F 272,000.00 ZZ BATES JOHN M 360 272,000.00 1 3807 WOODBINE STREET 7.750 1,948.65 80 7.500 1,948.65 340,000.00 CHEVY CHASE MD 20815 1 04/30/96 00 0380435983 05 06/01/96 0 TO097 O 05/01/26 0 1488852 976/728 F 224,000.00 ZZ ANDERSEN JACQUELINS 360 224,000.00 1 11397 SWAN CANYON ROAD 8.500 1,722.37 80 8.250 1,722.37 282,000.00 SAN DIEGO CA 92131 2 04/04/96 00 0380420100 03 06/01/96 0 874133 O 05/01/26 0 1 1489700 668/728 F 293,500.00 ZZ MORSE J T 360 293,312.84 1 7690 BLUE CREEK ROAD 8.250 2,204.97 49 8.000 2,204.97 600,000.00 EVERGREEN CO 80439 2 03/06/96 00 0380431487 05 05/01/96 0 6332076 O 04/01/26 0 1491345 405/405 F 404,250.00 ZZ MIZE LARRY P 360 403,985.56 1 4925 BOW MAR DRIVE 8.125 3,001.55 75 7.875 3,001.55 539,000.00 BOW MAR CO 80123 1 03/22/96 00 3851292 05 05/01/96 0 3851292 O 04/01/26 0 1491957 F45/F45 F 133,229.80 ZZ CROWLEY DREW 248 132,790.67 1 20 HILL LANE 7.750 1,079.30 50 7.500 1,079.30 269,000.00 GLEN HEAD NY 11545 1 08/17/92 00 109322 05 04/01/96 0 109322 O 11/01/16 0 1491962 F45/F45 F 101,657.24 ZZ SYED HAMID 256 101,271.44 1 527 CARLLS PATH 9.250 911.22 81 9.000 911.22 126,000.00 DEER PARK NY 11729 1 05/14/87 04 111021 05 03/01/96 25 111021 O 06/01/17 0 1491967 F45/F45 F 112,421.76 ZZ VIANA FERNANDO J 281 108,575.69 54 333 EAST 80TH STREET APT 6D 7.750 868.31 71 7.500 868.31 160,000.00 NEW YORK NY 10021 1 08/26/87 00 111716 11 05/01/94 0 111716 O 09/01/17 0 1491972 F45/F45 F 262,000.00 ZZ MAIDA RICHARD C 360 261,289.76 1 25 NEVADA AVENUE 8.000 1,922.46 72 7.750 1,922.46 365,000.00 1 STATEN ISLAND NY 10306 2 12/18/95 00 112870 05 02/01/96 0 112870 O 01/01/26 0 1491974 F45/F45 F 102,492.39 ZZ LYMAN SUSAN 292 99,783.31 18 96 PERRY ST APT B- 8.625 840.49 67 8.375 840.49 155,000.00 NEW YORK NY 10014 1 08/24/88 00 113860 12 06/01/94 0 113860 O 09/01/18 0 1491982 F45/F45 F 53,000.00 ZZ O'TOOLE RONALD 240 44,959.74 1 6 PARK CIRCLE NORTH 9.250 485.41 34 9.000 485.41 160,000.00 EAST FARMINGDAL NY 11735 5 11/03/89 00 116152 05 01/01/90 0 116152 O 12/01/09 0 1491989 F45/F45 F 107,241.27 ZZ VENEZIANO CHARLES 307 107,060.13 1 80 BEDELL STREET 9.000 894.54 68 8.750 894.54 160,000.00 FREEPORT NY 11520 2 08/27/91 00 120030 05 04/01/96 0 120030 O 10/01/21 0 1491995 F45/F45 F 145,996.14 ZZ KEHR LAURIE A 313 145,745.66 1 27 WEST CLINTON STREET 8.625 1,174.14 65 8.375 1,174.14 225,000.00 MOUNT PLEASANT NY 10595 1 03/09/92 00 122580 05 04/01/96 0 122580 O 04/01/22 0 1491996 F45/F45 F 28,632.86 ZZ MURPHY MICHAEL J 290 2,907.58 1 196 DALTON AVENUE 7.250 209.62 69 7.000 209.62 41,500.00 STATEN ISLAND NY 10306 1 06/29/73 00 125559 05 07/01/73 0 125559 O 08/01/97 0 1 1492000 F45/F45 F 106,800.07 ZZ CAPPETTA KENNETH B 247 106,800.07 1 698 ASCAN ROAD 7.875 874.74 60 7.625 874.74 180,000.00 FRANKLIN SQUARE NY 11010 1 09/28/92 00 133249 05 06/01/96 0 133249 O 12/01/16 0 1492001 F45/F45 F 111,472.66 ZZ O'SULLIVAN MICHAEL E 250 111,117.32 1 205 ELSIE AVENUE 7.875 908.63 74 7.625 908.63 151,000.00 MERRICK NY 11566 1 08/03/92 10 133876 05 04/01/96 25 133876 O 01/01/17 0 1492004 F45/F45 F 102,352.52 ZZ KELLEHER DENNIS 315 102,175.89 1 80 PROSPECT STREET 8.500 813.00 67 8.250 813.00 154,000.00 MIDLAND PARK NJ 07432 5 05/14/92 00 136705 05 04/01/96 0 136705 O 06/01/22 0 1492006 F45/F45 F 124,500.00 ZZ BAKER MICHAEL W 360 117,896.49 1 1717 KEYSTONE DRIVE 7.500 870.52 87 7.250 870.52 144,500.00 FRIENDSWOOD TX 77546 1 05/28/92 11 137349 05 07/01/92 17 137349 O 06/01/22 0 1492012 F45/F45 F 279,076.87 ZZ ROLNICK GEORGE 340 273,195.74 1 785 VAN DAM STREET 8.000 2,077.48 79 7.750 2,077.48 355,000.00 NORTH WOODMERE NY 11581 2 07/21/92 00 141218 05 05/01/94 0 141218 O 08/01/22 0 1492015 F45/F45 F 220,000.00 ZZ BATTLE DAVID 360 212,506.61 1 1 1 NELSON RIDGE ROAD 7.875 1,595.15 79 7.625 1,595.15 280,000.00 PRINCETON NJ 08540 1 09/04/92 00 143628 05 11/01/92 0 143628 O 10/01/22 0 1492016 F45/F45 F 54,372.25 ZZ WHEELER SARAH 329 53,775.25 54 345 RIVERSIDE DRIVE APT 4H 7.750 399.16 45 7.500 399.16 122,000.00 NEW YORK NY 10025 1 09/08/92 00 143750 12 06/01/95 0 143750 O 10/01/22 0 1492018 F45/F45 F 251,250.00 ZZ NEGRIN JORDAN 360 251,044.05 1 155 ARBOR CREST 7.000 1,671.57 78 6.750 1,671.57 325,000.00 SOMERS WEST NY 10589 1 03/07/96 00 144907 05 05/01/96 0 144907 O 04/01/26 0 1492019 F45/F45 F 130,664.86 ZZ STUHLMULLER NANCY J 260 130,274.02 1 369 EMORY ROAD 7.750 1,038.67 73 7.500 1,038.67 180,000.00 MINEOLA NY 11501 1 10/07/92 00 145797 05 04/01/96 0 145797 O 11/01/17 0 1492021 F45/F45 F 154,529.47 ZZ DIGIOVANNI LISA 321 154,263.58 1 2695 MANDALAY BEACH ROAD 8.250 1,194.88 75 8.000 1,194.88 208,000.00 WANTAGH NY 11793 1 11/06/92 00 146597 05 04/01/96 0 146597 O 12/01/22 0 1492023 F45/F45 F 229,800.00 ZZ GARNER PAUL 360 228,331.11 1 ALLVIEW AVENUE 8.500 1,766.96 75 8.250 1,766.96 310,000.00 BREWSTER NY 10509 2 09/07/95 00 147629 05 11/01/95 0 1 147629 O 10/01/25 0 1492025 F45/F45 F 109,522.63 ZZ TAGLIAFERRI RICHARD P 321 109,334.18 1 59 COLONY DRIVE 8.250 846.87 87 8.000 846.87 126,000.00 WEST SAYVILLE NY 11796 2 11/02/92 14 147983 05 04/01/96 17 147983 O 12/01/22 0 1492026 F45/F45 F 77,201.98 ZZ FLORIDIA DONNA R 321 77,066.18 1 351 BIRCHWOOD ROAD 8.125 590.39 76 7.875 590.39 102,500.00 MEDFORD NY 11763 2 11/04/92 00 148098 01 04/01/96 0 148098 O 12/01/22 0 1492027 F45/F45 F 97,324.06 ZZ KOHN DANIEL 340 95,662.53 1 161 W 75TH ST/174 W 76TH ST 8.125 732.86 75 APT 3G 7.875 732.86 130,000.00 NEW YORK NY 10023 1 11/18/92 00 148536 10 09/01/94 0 148536 O 12/01/22 0 1492031 F45/F45 F 128,409.29 ZZ RAPACH KENNETH A 323 128,175.00 1 282 ROCKY RUN ROAD 7.875 959.45 77 7.625 959.45 168,000.00 GLEN GARDNER NJ 08826 2 12/20/92 00 152462 05 04/01/96 0 152462 O 02/01/23 0 1492033 F45/F45 F 72,451.69 ZZ SPARACIO JR JOSEPH D 322 72,325.22 1 1024 SIXTH STREET 8.125 553.58 58 7.875 553.58 125,000.00 WEST BABYLON NY 11704 1 12/18/92 00 153353 05 04/01/96 0 153353 O 01/01/23 0 1 1492035 F45/F45 F 258,750.00 ZZ SILVERMAN MARTIN S 360 254,015.88 1 111 SONN DRIVE 7.500 1,809.22 75 7.250 1,809.22 345,000.00 RYE NY 10580 5 04/27/94 00 154245 05 07/01/94 0 154245 O 06/01/24 0 1492036 F45/F45 F 135,095.40 ZZ NAIR GOPINATHA 324 134,841.57 1 18 BEECHWOOD STREET 7.625 984.93 72 7.375 984.93 190,000.00 BERGENFIELD NJ 07621 1 02/01/93 00 154385 05 04/01/96 0 154385 O 03/01/23 0 1492043 F45/F45 F 175,000.00 ZZ MARINO THOMAS P 360 174,719.27 4 20-24 121ST ST 7.125 1,179.01 62 6.875 1,179.01 285,000.00 COLLEGE POINT NY 11356 2 02/06/96 00 159095 05 04/01/96 0 159095 O 03/01/26 0 1492046 F45/F45 F 50,000.00 ZZ MAGRINI LUCIANO 300 20,760.01 1 8 KINGSTON DRIVE 9.250 428.20 77 9.000 428.20 65,000.00 LIVINGSTON TOWN NJ 07039 1 06/02/76 00 16105 05 07/01/76 0 16105 O 06/01/01 0 1492049 F45/F45 F 212,250.00 ZZ SHERMAN GARRY N 360 206,557.82 1 52 SHERWOOD DRIVE 7.375 1,465.96 75 7.125 1,465.96 283,000.00 HUNTINGTON NY 11743 2 08/18/93 00 170308 05 10/01/93 0 170308 O 09/01/23 0 1492050 F45/F45 F 74,900.00 ZZ DAWSON JR FREDERICK 360 72,594.11 1 55 SAND HILL ROAD 6.625 479.59 59 6.375 479.59 127,500.00 1 JAMESBURG NJ 08831 1 08/01/93 00 170928 01 10/01/93 0 170928 O 09/01/23 0 1492052 F45/F45 F 48,300.00 ZZ BALSAMO JOETTE 360 46,989.48 1 158-160 SACKETT STREET UNIT 1B 7.125 325.41 43 6.875 325.41 113,000.00 BROOKLYN NY 11231 1 09/10/93 00 171652 01 11/01/93 0 171652 O 10/01/23 0 1492053 F45/F45 F 462,000.00 ZZ LAPLANTE RICHARD 360 349,068.56 1 864 SPRINGS FIREPLACE ROAD 7.625 3,270.01 70 7.375 3,270.01 660,000.00 EAST HAMPTON NY 11937 1 10/06/93 00 174417 05 12/01/93 0 174417 O 11/01/23 0 1492054 F45/F45 F 160,000.00 ZZ GOLODNY STEVEN 360 154,266.93 1 20 HILLDALE ROAD 6.750 1,037.76 53 6.500 1,037.76 305,000.00 ALBERTSON NY 11507 2 10/07/93 00 174516 05 12/01/93 0 174516 O 11/01/23 0 1492058 F45/F45 F 106,152.78 ZZ MORRIS MICHAEL J 316 105,185.15 1 2 ROCHELLE LANE 8.875 869.85 87 8.625 869.85 123,000.00 EGG HARBOR TWNS NJ 08221 1 09/01/91 10 20693 05 07/01/95 22 20693 O 10/01/21 0 1492060 F45/F45 F 88,944.91 ZZ SARWAR MOHAMMAD 310 88,704.53 1 329 TALL OAK LANE 8.500 709.59 83 8.250 709.59 108,000.00 HILLSBOROUGH NJ 08876 1 11/27/91 04 23481 05 03/01/96 17 23481 O 12/01/21 0 1 1492063 F45/F45 F 304,000.00 ZZ SEIFER LESLIE E 360 287,432.50 1 51 GOVERNORS LANE 8.625 2,364.48 76 8.375 2,364.48 400,000.00 PRINCETON NJ 08540 1 01/14/92 00 23861 01 03/01/92 0 23861 O 02/01/22 0 1492077 F45/F45 F 555,000.00 ZZ KIRSCH ROBERT B 360 541,948.79 1 18 ROBIN HOOD ROAD 7.500 3,880.64 75 7.250 3,880.64 740,000.00 POUND RIDGE NY 10506 5 10/26/93 00 347583 05 01/01/94 0 347583 O 12/01/23 0 1492078 F45/F45 F 495,000.00 ZZ HANJIS DIMITRIOS 360 483,630.87 1 53-29 BROWVALE LANE 7.625 3,503.58 69 7.375 3,503.58 720,000.00 LITTLE NECK NY 11362 2 10/28/93 00 347690 05 01/01/94 0 347690 O 12/01/23 0 1492079 F45/F45 F 148,500.00 ZZ SPOSATO LOUIS 360 144,306.30 1 42 CRESCENT STREET 6.875 975.54 90 6.625 975.54 165,000.00 HICKSVILLE NY 11801 1 11/18/93 12 349894 05 01/01/94 22 349894 O 12/01/23 0 1492080 F45/F45 F 69,000.00 ZZ WASNEUSKI ELLEN 360 67,438.31 1 49-6 SCARBOROUGH COURT 7.500 482.46 86 7.250 482.46 81,000.00 FREEHOLD NJ 07728 2 12/17/93 12 352591 01 02/01/94 17 352591 O 01/01/24 0 1492083 F45/F45 F 75,000.00 ZZ CORBRAN HAROLD J 360 73,135.91 1 1 2159 44 VILLAGE ROAD 7.000 498.98 39 6.750 498.98 194,000.00 WALL NJ 08750 5 12/16/93 00 353185 05 02/01/94 0 353185 O 01/01/24 0 1492087 F45/F45 F 152,000.00 ZZ FENSTER DANIEL 360 145,802.40 1 84-56 251ST STREET 7.000 1,011.26 78 6.750 1,011.26 195,000.00 BELLEROSE NY 11426 1 02/24/94 00 360479 05 04/01/94 0 360479 O 03/01/24 0 1492088 F45/F45 F 240,000.00 ZZ SOKOLOFF STEPHEN M 360 232,440.79 1 4 WOODLOT ROAD 6.875 1,576.63 78 6.625 1,576.63 310,000.00 ST JAMES NY 11780 1 04/12/94 00 366971 05 06/01/94 0 366971 O 05/01/24 0 1492089 F45/F45 F 220,000.00 ZZ HANS STEPHEN 360 215,653.23 56 2 EAST END AVENUE APT 6A 7.375 1,519.49 45 7.125 1,519.49 490,000.00 NEW YORK NY 10021 1 04/18/94 00 367342 13 06/01/94 0 367342 O 05/01/24 0 1492090 F45/F45 F 450,000.00 ZZ GOETTLICH PETER 360 441,584.63 1 10 PUTNAM ROAD 7.625 3,185.07 67 7.375 3,185.07 675,000.00 LIVINGSTON NJ 07039 2 04/19/94 00 367623 05 06/01/94 0 367623 O 05/01/24 0 1492091 F45/F45 F 303,400.00 ZZ MEADVIN MICHAEL 360 298,357.85 1 14 COBBLERS WAY 8.000 2,226.24 74 7.750 2,226.24 410,000.00 CORTLANDT MANOR NY 10566 1 05/12/94 00 369165 05 07/01/94 0 1 369165 O 06/01/24 0 1492092 F45/F45 F 86,500.00 ZZ KELLNER STEPHEN M 360 84,879.37 1 1 SOUTH MANNING COURT 7.375 597.43 94 7.125 597.43 93,000.00 GALLOWAY TWNSHI NJ 08220 1 05/17/94 14 369272 05 07/01/94 22 369272 O 06/01/24 0 1492093 F45/F45 F 55,000.00 ZZ GABEL NORA 360 53,944.67 1 149-30 88TH STREET UNIT 4J 7.250 375.20 79 7.000 375.20 70,000.00 HOWARD BEACH NY 11414 1 05/19/94 00 369421 01 07/01/94 0 369421 O 06/01/24 0 1492094 F45/F45 F 275,000.00 ZZ PANAGAKOS ANDREW 360 268,854.25 1 36 BOCK DRIVE 8.750 2,163.43 72 8.500 2,163.43 382,000.00 RIVER VALE NJ 07675 2 05/17/94 00 369496 05 07/01/94 0 369496 O 06/01/24 0 1492095 F45/F45 F 400,000.00 ZZ MITCHELL GRANT E 360 393,023.87 1 38 BRUNDIGE DRIVE 7.750 2,865.65 82 7.500 2,865.65 490,000.00 GOLDENS BR NY 10526 1 05/18/94 10 369504 05 07/01/94 17 369504 O 06/01/24 0 1492096 F45/F45 F 268,000.00 ZZ GRILL DAVID 360 262,609.59 1 115 FINUCANE PLACE 7.000 1,783.01 80 6.750 1,783.01 335,000.00 WOODMERE NY 11598 1 05/24/94 00 369967 05 07/01/94 0 369967 O 06/01/24 0 1 1492097 F45/F45 F 215,000.00 ZZ SLATTERY STEPHEN J 360 211,250.27 1 12 EDEN COURT 7.750 1,540.29 85 7.500 1,540.29 255,000.00 NORTH BRUNSWICK NJ 08902 1 05/23/94 11 370049 05 07/01/94 17 370049 O 06/01/24 0 1492098 F45/F45 F 308,000.00 ZZ TEICH MATTHEW A 360 303,004.05 1 15 BISBEE DRIVE 8.125 2,286.89 79 7.875 2,286.89 390,000.00 SOUTH SALEM NY 10590 1 05/25/94 00 370072 05 07/01/94 0 370072 O 06/01/24 0 1492099 F45/F45 F 250,000.00 ZZ GOLDSTEIN DAVID 360 245,845.32 1 2 NORTHWOOD COURT 8.000 1,834.41 43 7.750 1,834.41 595,000.00 WOODBURY NY 11797 1 05/26/94 00 370130 05 07/01/94 0 370130 O 06/01/24 0 1492100 F45/F45 F 228,000.00 ZZ FLYNN MICHAEL 360 224,390.55 1 40 SYLVIA STREET 8.250 1,712.89 80 8.000 1,712.89 285,000.00 GLEN HEAD NY 11545 1 05/31/94 00 370361 05 07/01/94 0 370361 O 06/01/24 0 1492101 F45/F45 F 335,200.00 ZZ MOSER STUART W 360 329,889.67 1 7 WARNKE LANE 8.000 2,459.58 80 7.750 2,459.58 420,000.00 SCARSDALE NY 10583 1 06/01/94 00 370593 05 08/01/94 0 370593 O 07/01/24 0 1492102 F45/F45 F 290,000.00 ZZ PRESUTO DAVID 360 285,405.68 1 4 LORD STERLING ROAD 8.000 2,127.92 56 7.750 2,127.92 518,000.00 1 BASKING RIDGE NJ 07920 1 06/02/94 00 370718 05 08/01/94 0 370718 O 07/01/24 0 1492104 F45/F45 F 300,000.00 ZZ ZABIROV ANDREI 360 295,130.79 1 7 ROCKY RIDGE ROAD 7.875 2,175.21 78 7.625 2,175.21 385,500.00 WEST HARRISON NY 10604 1 06/03/94 00 370775 05 08/01/94 0 370775 O 07/01/24 0 1492105 F45/F45 F 143,000.00 ZZ LIPTON DEBORAH 360 140,622.31 439 340 EAST 8OTH STREET APT 11C 7.750 1,024.47 78 7.500 1,024.47 185,000.00 NEW YORK NY 10021 1 06/03/94 00 370783 12 08/01/94 0 370783 O 07/01/24 0 1492106 F45/F45 F 335,000.00 ZZ ROSE HOWARD 360 330,303.97 1 16 PINEWOOD LANE 8.625 2,605.60 78 8.375 2,605.60 435,000.00 WARREN NJ 07060 1 06/08/94 00 370841 05 08/01/94 0 370841 O 07/01/24 0 1492107 F45/F45 F 216,000.00 ZZ TILCHEN STEVEN 360 215,839.70 1 3 PASTURE LANE 7.500 1,510.30 79 7.250 1,510.30 275,000.00 OLD BETHPAGE NY 11804 1 02/28/96 00 370858 05 05/01/96 0 370858 O 04/01/26 0 1492108 F45/F45 F 428,000.00 ZZ MUOIO PETER 360 416,618.22 1 45 SHAUN RIDGE 8.500 3,290.95 80 8.250 3,290.95 535,000.00 ROSLYN HARBOR NY 11576 1 06/08/94 00 371054 05 08/01/94 0 371054 O 07/01/24 0 1 1492109 F45/F45 F 252,000.00 ZZ ERHARDT WILLIAM A 360 248,379.50 1 50 BIRCH STREET 8.500 1,937.66 80 8.250 1,937.66 315,000.00 PORT WASHINGTON NY 11050 1 06/10/94 00 371302 05 08/01/94 0 371302 O 07/01/24 0 1492110 F45/F45 F 220,000.00 ZZ GERSON BARBARA 360 216,341.99 1 109 HAMILTON ROAD 7.750 1,576.11 57 7.500 1,576.11 390,000.00 IRVINGTON NY 10533 1 06/14/94 00 371427 05 08/01/94 0 371427 O 07/01/24 0 1492111 F45/F45 F 210,000.00 ZZ WICKHAM ROBERT D 360 206,831.24 1 219 WALNUT STREET 8.250 1,577.66 41 8.000 1,577.66 522,000.00 ENGLEWOOD NJ 07631 5 06/14/94 00 371492 05 08/01/94 0 371492 O 07/01/24 0 1492112 F45/F45 F 297,000.00 ZZ HARISH ZIV 360 292,938.44 1 108 LEROY STREET 8.750 2,336.50 89 8.500 2,336.50 335,000.00 TENAFLY NJ 07670 1 06/10/94 10 371518 05 08/01/94 17 371518 O 07/01/24 0 1492113 F45/F45 F 314,000.00 ZZ BAUMGARTNER ERIC W 360 309,025.55 1 33 BEEHOLM ROAD 8.000 2,304.02 80 7.750 2,304.02 395,000.00 REDDING CT 06896 1 06/15/94 00 371583 05 08/01/94 0 371583 O 07/01/24 0 1492114 F45/F45 F 245,600.00 ZZ ANDRETTA JOHN A 360 241,516.39 1 1 38 CRANFORD DRIVE 7.750 1,759.51 80 7.500 1,759.51 307,000.00 NEW CITY NY 10956 1 06/14/94 00 371609 05 08/01/94 0 371609 O 07/01/24 0 1492116 F45/F45 F 210,000.00 ZZ PARKINSON CHRISTOPHR 360 207,056.25 1 13 FLINTLOCK DRIVE 8.625 1,633.36 60 8.375 1,633.36 350,000.00 WARREN NJ 07059 1 06/20/94 00 371914 05 08/01/94 0 371914 O 07/01/24 0 1492117 F45/F45 F 250,000.00 ZZ HOLIBER JAMES M 360 246,227.59 1 48 ROCKLAND AVENUE 8.250 1,878.17 57 8.000 1,878.17 445,000.00 LARCHMONT NY 10538 1 06/16/94 00 372060 05 08/01/94 0 372060 O 07/01/24 0 1492118 F45/F45 F 324,000.00 ZZ CARTER GARY S 360 311,699.57 1 35 DE HART DRIVE 8.000 2,377.40 80 7.750 2,377.40 410,000.00 BELLE MEAD NJ 08502 1 06/20/94 00 372219 05 08/01/94 0 372219 O 07/01/24 0 1492119 F45/F45 F 218,250.00 ZZ KLEIN IRA M 360 212,199.85 1 41 GARRETSON LANE 8.625 1,697.53 89 8.375 1,697.53 246,000.00 BELLE MEAD NJ 08502 1 06/21/94 10 372300 05 08/01/94 17 372300 O 07/01/24 0 1492120 F45/F45 F 250,000.00 ZZ ROTH WILLIAM E 360 246,408.28 1 12 SCHEURMAN TERRACE 8.500 1,922.28 70 8.250 1,922.28 360,000.00 GREEN BROOK NJ 08812 1 06/24/94 00 372383 05 08/01/94 0 1 372383 O 07/01/24 0 1492121 F45/F45 F 350,000.00 ZZ FORCHIC DENNIS G 360 338,638.14 1 ROUTE 581 7.750 2,507.44 70 7.500 2,507.44 500,000.00 WOODSTOWN NJ 08098 2 06/23/94 00 372409 05 08/01/94 0 372409 O 07/01/24 0 1492122 F45/F45 F 108,900.00 ZZ VILLACIS LUIS 360 107,298.26 2 90 SHERMAN AVENUE 8.125 808.58 90 7.875 808.58 121,000.00 JERSEY CITY NJ 07307 1 06/27/94 10 372748 05 09/01/94 17 372748 O 08/01/24 0 1492123 F45/F45 F 210,000.00 ZZ MOORE CHARLES J 360 206,744.39 1 20 SHANNON HILL ROAD 8.250 1,577.66 52 8.000 1,577.66 408,000.00 BASKING RIDGE NJ 07920 1 06/29/94 00 373050 05 08/01/94 0 373050 O 07/01/24 0 1492124 F45/F45 F 238,000.00 ZZ JBARA MOHAMAD 360 233,756.68 1 14 WESTVIEW ROAD 7.125 1,603.45 46 6.875 1,603.45 525,000.00 MILLBURN NJ 07078 2 06/29/94 00 373068 05 09/01/94 0 373068 O 08/01/24 0 1492125 F45/F45 F 310,000.00 ZZ SLAP MARK R 360 304,592.26 1 40 BANKSVILLE ROAD 7.500 2,167.56 69 7.250 2,167.56 455,000.00 NORTH CASTLE NY 10504 1 06/30/94 00 373142 05 08/01/94 0 373142 O 07/01/24 0 1 1492126 F45/F45 F 228,000.00 ZZ MORETTI LAWRENCE F 360 225,033.18 1 10 RIVEREDGE ROAD 9.000 1,834.54 80 8.750 1,834.54 285,000.00 BELLE MEAD NJ 08502 1 06/30/94 00 373308 05 08/01/94 0 373308 O 07/01/24 0 1492127 F45/F45 F 270,000.00 ZZ MILLER ELLIOTT 360 266,124.67 1 218 RICHARDS LANE 8.250 2,028.42 58 8.000 2,028.42 470,000.00 HEWLETT HARBOR NY 11557 1 07/01/94 00 373514 05 09/01/94 0 373514 O 08/01/24 0 1492128 F45/F45 F 275,000.00 ZZ CALLAHAN VINCENT T 360 271,053.01 1 77 HIGHLAND AVENUE 8.250 2,065.98 86 8.000 2,065.98 320,000.00 CHATHAM NJ 07928 1 07/14/94 10 373761 05 09/01/94 17 373761 O 08/01/24 0 1492129 F45/F45 F 250,000.00 ZZ ADWAR KEITH 360 242,676.88 1 9 ST LAWRENCE PLACE 8.250 1,878.17 76 8.000 1,878.17 330,000.00 JERICHO NY 11753 1 07/12/94 00 373936 05 09/01/94 0 373936 O 08/01/24 0 1492130 F45/F45 F 324,000.00 ZZ SORBERA PAUL M 360 316,075.62 1 453 MILTON ROAD 8.500 2,491.28 86 8.250 2,491.28 380,000.00 RYE NY 10580 1 07/13/94 10 373993 05 09/01/94 17 373993 O 08/01/24 0 1492131 F45/F45 F 260,000.00 ZZ LEDERMAN MARK 360 255,974.59 1 9 IROQUOIS DRIVE 8.125 1,930.49 77 7.875 1,930.49 340,000.00 1 LIVINGSTON NJ 07039 1 07/18/94 00 374793 05 09/01/94 0 374793 O 08/01/24 0 1492132 F45/F45 F 292,500.00 ZZ SANSCARTIER GUY 360 288,816.78 1 65 TOPLAND ROAD 9.000 2,353.52 90 8.750 2,353.52 325,000.00 WHITE PLAINS NY 10605 1 07/19/94 11 374876 05 09/01/94 17 374876 O 08/01/24 0 1492133 F45/F45 F 300,000.00 ZZ GILMORE JOSEPH J 360 295,587.62 1 30 PONDVIEW LANE 8.125 2,227.49 62 7.875 2,227.49 484,000.00 STAMFORD CT 06903 1 07/29/94 00 375121 05 09/01/94 0 375121 O 08/01/24 0 1492134 F45/F45 F 253,000.00 ZZ HARTSHORN JR ROBERT O 360 249,278.79 1 4 CHAMPIONS CIRCLE 8.125 1,878.52 80 7.875 1,878.52 317,000.00 BRANCHBURG TWSH NJ 08876 1 07/28/94 00 375964 05 09/01/94 0 375964 O 08/01/24 0 1492135 F45/F45 F 233,000.00 ZZ RATSHIN JAMES P 360 230,733.64 1 2119 ORIEN ROAD 8.750 1,833.02 75 8.500 1,833.02 312,000.00 DOVER NJ 08753 1 12/30/94 00 378695 05 02/01/95 0 378695 O 01/01/25 0 1492136 F45/F45 F 371,000.00 ZZ LANZA JERRY 360 365,827.39 1 8 LOGAN DRIVE 8.500 2,852.67 85 8.250 2,852.67 440,000.00 CALIFON NJ 07830 1 07/29/94 10 379388 05 09/01/94 12 379388 O 08/01/24 0 1 1492138 F45/F45 F 224,000.00 ZZ TONNO JAMES P 360 220,795.86 1 170 HARVARD AVENUE 8.000 1,643.63 67 7.750 1,643.63 335,000.00 ROCKVILLE CENTR NY 11570 1 08/01/94 00 379586 05 10/01/94 0 379586 O 09/01/24 0 1492139 F45/F45 F 300,000.00 ZZ SCHWARTZ DAVID S 360 295,913.48 1 40 WILD DUCK ROAD 8.250 2,253.80 65 8.000 2,253.80 465,000.00 WYCKOFF NJ 07480 1 08/01/94 00 379628 05 10/01/94 0 379628 O 09/01/24 0 1492140 F45/F45 F 233,750.00 ZZ FORRESTER WALTER C 360 228,408.44 1 66 MILLTOWN ROAD 8.375 1,776.67 85 8.125 1,776.67 276,000.00 BRIDGEWATER NJ 08807 1 08/03/94 10 379727 05 10/01/94 12 379727 O 09/01/24 0 1492141 F45/F45 F 410,000.00 ZZ ADLER JONATHAN S 360 404,264.71 1 54 BEVERLY ROAD 8.375 3,116.30 72 8.125 3,116.30 575,000.00 GREAT NECK NY 11021 1 08/04/94 00 379933 05 10/01/94 0 379933 O 09/01/24 0 1492142 F45/F45 F 244,000.00 ZZ MCALVANAH THOMAS J 360 240,534.27 1 96 THE FARMS ROAD 8.750 1,919.55 80 8.500 1,919.55 305,000.00 BEDFORD NY 10506 1 08/04/94 00 379941 05 10/01/94 0 379941 O 09/01/24 0 1492143 F45/F45 F 225,000.00 ZZ BIEMULLER MARTHA 360 222,009.59 1 1 1100 OCEAN DRIVE UNIT 204 8.375 1,710.16 67 8.125 1,710.16 336,000.00 AVALON NJ 08202 1 08/05/94 00 380063 01 10/01/94 0 380063 O 09/01/24 0 1492144 F45/F45 F 230,000.00 ZZ SCHWARTZ MICHAEL I 360 227,090.39 1 45 CRANFORD DRIVE 8.625 1,788.92 68 8.375 1,788.92 340,000.00 NEW YORK NY 10956 1 08/05/94 00 380139 05 10/01/94 0 380139 O 09/01/24 0 1492145 F45/F45 F 288,000.00 ZZ STREICHLER TODD A 240 287,479.89 1 40 MOHEGAN LANE 7.500 2,320.11 80 7.250 2,320.11 360,000.00 RYE BROOK NY 10573 1 02/26/96 00 380170 05 05/01/96 0 380170 O 04/01/16 0 1492146 F45/F45 F 262,400.00 ZZ WINDFIELD JASON D 360 259,080.64 1 177 MAIN STREET 8.625 2,040.92 75 8.375 2,040.92 350,000.00 LEWISBORO NY 10526 1 08/09/94 00 380204 05 10/01/94 0 380204 O 09/01/24 0 1492147 F45/F45 F 250,000.00 ZZ DIFRANCO ROCCO 360 246,915.10 1 DINGEE STREET 8.750 1,966.75 50 8.500 1,966.75 500,000.00 SOUTH SALEM NY 10597 1 08/10/94 00 380394 05 10/01/94 0 380394 O 09/01/24 0 1492148 F45/F45 F 268,000.00 ZZ TOTO PETER C 360 263,493.54 1 40 WOODCREST DRIVE 8.875 2,132.33 80 8.625 2,132.33 337,000.00 WOODCLIFF LAKE NJ 07675 1 08/11/94 00 380410 05 10/01/94 0 1 380410 O 09/01/24 0 1492149 F45/F45 F 425,000.00 ZZ STERN SETH 360 419,210.88 1 18 NOME DRIVE 8.250 3,192.88 79 8.000 3,192.88 540,000.00 WOODBURY NY 11797 1 08/17/94 00 380436 05 10/01/94 0 380436 O 09/01/24 0 1492150 F45/F45 F 255,000.00 ZZ VIRGILIO STEPHEN J 360 251,440.28 1 138 HIGH STREET 8.125 1,893.37 69 7.875 1,893.37 370,000.00 EAST WILLISTON NY 11596 1 08/12/94 00 380584 05 10/01/94 0 380584 O 09/01/24 0 1492151 F45/F45 F 364,000.00 ZZ PANASEWICZ STANLEY 360 359,618.76 1 1 CREEKVIEW COURT 8.875 2,896.15 80 8.625 2,896.15 455,000.00 BELLE MEAD NJ 08502 1 08/19/94 00 380907 05 10/01/94 0 380907 O 09/01/24 0 1492152 F45/F45 F 220,000.00 ZZ VITA THOMAS W 360 208,838.12 1 48 HILTON AVENUE 8.625 1,711.14 44 8.375 1,711.14 510,000.00 GARDEN CITY NY 11530 1 08/23/94 00 381152 05 10/01/94 0 381152 O 09/01/24 0 1492153 F45/F45 F 260,000.00 ZZ KLINE DAVID R 360 256,791.67 1 102 WICHARD BOULEVARD 8.750 2,045.42 80 8.500 2,045.42 325,000.00 COMMACK NY 11725 1 08/24/94 00 381368 05 10/01/94 0 381368 O 09/01/24 0 1 1492154 F45/F45 F 293,000.00 ZZ WEILL RICHARD E 360 292,585.07 1 29 MOSEMAN AVENUE 7.750 2,099.09 76 7.500 2,099.09 390,000.00 KATONAH NY 10536 2 01/31/96 00 381384 05 04/01/96 0 381384 O 03/01/26 0 1492155 F45/F45 F 312,000.00 ZZ TEITZ LEONARD 360 308,149.87 1 772 WINTHROP ROAD 8.750 2,454.51 80 8.500 2,454.51 390,000.00 TEANECK NJ 07666 1 08/30/94 00 381756 05 10/01/94 0 381756 O 09/01/24 0 1492156 F45/F45 F 225,000.00 ZZ SAPHIRE GARY 360 221,969.54 1 6 FALCON DRIVE 8.875 1,790.20 79 8.625 1,790.20 285,000.00 EAST BRUNSWICK NJ 08816 1 08/31/94 00 381897 05 10/01/94 0 381897 O 09/01/24 0 1492157 F45/F45 F 213,000.00 ZZ PEARCE STEVEN E 360 208,340.74 1 1 STRATFORD PLACE 8.125 1,581.52 90 7.875 1,581.52 237,000.00 FLEMINGTON NJ 08822 1 09/30/94 10 382309 03 11/01/94 17 382309 O 10/01/24 0 1492158 F45/F45 F 285,000.00 ZZ PEDERGNANA JONATHAN 360 281,753.42 1 442 WOLF HILL ROAD 8.875 2,267.59 79 8.625 2,267.59 365,000.00 DIX HILLS NY 11746 1 09/12/94 00 382416 05 11/01/94 0 382416 O 10/01/24 0 1492159 F45/F45 F 250,000.00 ZZ EHRENPREIS MARC B 360 246,696.10 1 5 MARIAN LANE 8.125 1,856.24 82 7.875 1,856.24 307,500.00 1 JERICHO NY 11753 1 09/16/94 10 382697 05 11/01/94 12 382697 O 10/01/24 0 1492160 F45/F45 F 262,500.00 ZZ LEVITON ROBERT H 360 259,115.06 1 249 MELBOURNE AVENUE 8.250 1,972.07 75 8.000 1,972.07 350,000.00 MAMARONECK NY 10543 5 09/19/94 00 382952 05 11/01/94 0 382952 O 10/01/24 0 1492161 F45/F45 F 275,000.00 ZZ SENDEROFF PAUL 360 247,313.37 1 33 WINDMILL ROAD 8.250 2,065.98 57 8.000 2,065.98 485,000.00 ARMONK NY 10504 1 09/20/94 00 383059 05 11/01/94 0 383059 O 10/01/24 0 1492162 F45/F45 F 240,300.00 ZZ ALEDIA RHONA A 360 234,285.31 1 15 CHESTNUT PLACE 6.750 1,558.59 90 6.500 1,558.59 267,000.00 HOHOKUS NJ 07423 1 01/27/94 14 383885 05 03/01/94 17 383885 O 02/01/24 0 1492163 F45/F45 F 215,000.00 ZZ ALOIA RICHARD P 360 208,010.03 1 118 JORDAN ROAD 7.250 1,466.68 76 7.000 1,466.68 285,000.00 ROCKAWAY NJ 07866 1 01/14/94 00 384081 05 03/01/94 0 384081 O 02/01/24 0 1492164 F45/F45 F 400,000.00 ZZ BAL RAJEEV G 360 389,407.83 1 218 PHELPS ROAD 7.625 2,831.18 63 7.375 2,831.18 640,000.00 RIDGEWOOD NJ 07450 1 07/15/93 00 385500 05 09/01/93 0 385500 O 08/01/23 0 1 1492165 F45/F45 F 259,200.00 ZZ BENNETT MICHAEL 360 255,920.92 1 17 BROOK PLACE 8.625 2,016.04 80 8.375 2,016.04 325,000.00 GLEN ROCK NJ 07452 1 08/29/94 00 386839 05 10/01/94 0 386839 O 09/01/24 0 1492166 F45/F45 F 220,000.00 ZZ BLEIFER CRAIG B 360 214,983.22 1 11 LINDENWOOD COURT 7.250 1,500.79 80 7.000 1,500.79 276,000.00 WASHINGTON TWNS NJ 07675 2 01/28/94 00 387548 05 03/01/94 0 387548 O 02/01/24 0 1492167 F45/F45 F 280,000.00 ZZ BRAEN SCOTT A 360 269,868.47 1 334 CRESCENT AVENUE 8.000 2,054.55 65 7.750 2,054.55 435,000.00 WYCKOFF NJ 07481 1 10/06/92 00 388355 05 12/01/92 0 388355 O 11/01/22 0 1492168 F45/F45 F 310,000.00 ZZ BRITTON MARC E 360 302,179.93 1 3 WHITE PINE ROAD 7.125 2,088.53 77 6.875 2,088.53 405,000.00 UPPER SADDLE RI NJ 07458 2 11/18/93 00 388736 05 01/01/94 0 388736 O 12/01/23 0 1492169 F45/F45 F 275,000.00 ZZ BROGLIA ROBERT 360 267,899.72 1 15 MAYNARD COURT 7.000 1,829.59 55 6.750 1,829.59 500,000.00 RIDGEWOOD NJ 07450 5 11/18/93 00 388751 05 01/01/94 0 388751 O 12/01/23 0 1492170 F45/F45 F 325,000.00 ZZ CASEY MICHAEL D 360 299,352.97 1 1 23 MEADOW LANE 7.250 2,217.08 71 7.000 2,217.08 458,000.00 NORWOOD NJ 07648 2 12/21/93 00 390617 05 02/01/94 0 390617 O 01/01/24 0 1492171 F45/F45 F 300,000.00 ZZ CASTELLVI FRANK J 360 293,661.72 1 336 WINDHAM COURT 7.750 2,149.24 75 7.500 2,149.24 401,000.00 WYCKOFF NJ 07481 2 01/21/94 00 390732 05 03/01/94 0 390732 O 02/01/24 0 1492172 F45/F45 F 255,000.00 T CELLA CARLO 360 248,339.59 1 132 EAST HOLLY BANKS LANE 7.875 1,848.93 73 7.625 1,848.93 350,000.00 LONG BEACH NJ 08008 2 06/04/93 00 390997 05 08/01/93 0 390997 O 07/01/23 0 1492173 F45/F45 F 235,800.00 ZZ CHOE YONG H 360 201,380.48 1 419 WASHINGTON AVENUE 8.125 1,750.81 67 7.875 1,750.81 352,000.00 WASHINGTON TOWN NJ 07675 5 04/27/93 00 391490 05 06/01/93 0 391490 O 05/01/23 0 1492174 F45/F45 F 365,000.00 ZZ CHOI HAK J 360 351,329.58 1 10 MEADOW LANE 7.500 2,552.14 55 7.250 2,552.14 667,000.00 ALLENDALE NJ 07401 1 08/28/92 00 391508 05 10/01/92 0 391508 O 09/01/22 0 1492175 F45/F45 F 320,000.00 ZZ CONSIGLIO THOMAS 360 311,927.75 1 4 NAVAJO AVENUE 7.125 2,155.90 62 6.875 2,155.90 520,000.00 RAMSEY NJ 07446 1 11/16/93 00 392647 05 01/01/94 0 1 392647 O 12/01/23 0 1492177 F45/F45 F 520,000.00 ZZ COWEN STEPHEN H 360 507,373.31 1 154 ESSEX DRIVE 7.125 3,503.34 44 6.875 3,503.34 1,200,000.00 TENAFLY NJ 07675 5 12/08/93 00 393249 05 02/01/94 0 393249 O 01/01/24 0 1492178 F45/F45 F 225,000.00 ZZ CURTISS BRIAN P 360 219,869.17 1 174 MOUNTAIN AVENUE 7.250 1,534.90 59 7.000 1,534.90 385,000.00 RIDGEWOOD NJ 07450 2 01/20/94 00 393710 05 03/01/94 0 393710 O 02/01/24 0 1492179 F45/F45 F 250,000.00 ZZ DANZIGER RICHARD I 360 243,749.83 1 99 WOODCREST DRIVE 7.750 1,791.04 56 7.500 1,791.04 450,000.00 WOODCLIFF LAKE NJ 07675 5 08/23/93 00 394338 05 10/01/93 0 394338 O 09/01/23 0 1492180 F45/F45 F 118,000.00 ZZ DEJESUS JR. JOHN M 360 113,726.31 1 8-35 OAK STREET 8.000 865.85 77 7.750 865.85 155,000.00 FAIR LAWN NJ 07410 1 09/02/92 00 394684 05 11/01/92 0 394684 O 10/01/22 0 1492181 F45/F45 F 220,000.00 ZZ DEPASQUALE III THOMAS 360 213,634.06 1 18 JULIE PLACE 7.500 1,538.28 76 7.250 1,538.28 293,000.00 WAYNE NJ 07470 2 05/10/93 00 395418 05 07/01/93 0 395418 O 06/01/23 0 1 1492182 F45/F45 F 325,000.00 ZZ DESTRO ANTHONY P 360 316,309.77 1 13 VICTORIA LANE 7.750 2,328.34 44 7.500 2,328.34 741,000.00 MAHWAH NJ 07430 2 06/30/93 00 395616 05 08/01/93 0 395616 O 07/01/23 0 1492183 F45/F45 F 285,000.00 ZZ DONELAN WILLIAM E 360 281,200.33 1 422 ELBERT STREET 8.625 2,216.71 74 8.375 2,216.71 386,000.00 RAMSEY NJ 07446 1 07/15/94 00 396325 05 09/01/94 0 396325 O 08/01/24 0 1492184 F45/F45 F 227,000.00 ZZ DOYLE DENNIS 360 221,700.75 1 7 LAKE ROAD 7.125 1,529.35 57 6.875 1,529.35 405,000.00 UPPER SADDLE RI NJ 07458 2 01/25/94 00 396515 05 03/01/94 0 396515 O 02/01/24 0 1492185 F45/F45 F 220,000.00 ZZ EISZNER JR JAMES R 360 215,619.42 1 24 KENNEDY ROAD 7.750 1,576.11 38 7.500 1,576.11 585,000.00 CRESSKILL NJ 07626 5 02/09/94 00 397299 05 04/01/94 0 397299 O 03/01/24 0 1492186 F45/F45 F 299,000.00 ZZ ENGLISH CRAIG S 240 278,511.40 1 152 KENILWORTH ROAD 7.750 2,454.64 76 7.500 2,454.64 395,000.00 RIDGEWOOD NJ 07450 2 05/28/93 00 397588 05 07/01/93 0 397588 O 06/01/13 0 1492187 F45/F45 F 256,500.00 ZZ FEINGOLD MITCHELL S 360 250,884.75 1 493 WEST SADDLE RIVER ROAD 7.250 1,749.79 75 7.000 1,749.79 342,000.00 1 UPPER SADDLE RI NJ 07458 5 02/15/94 00 398362 05 04/01/94 0 398362 O 03/01/24 0 1492188 F45/F45 F 350,000.00 ZZ FERRARO EUGENE J 360 339,712.58 1 71 NORTH PLEASEANT AVE 7.750 2,507.45 64 7.500 2,507.45 552,500.00 RIDGEWOOD NJ 07450 5 03/10/93 00 398537 05 05/01/93 0 398537 O 04/01/23 0 1492189 F45/F45 F 350,000.00 ZZ FERRETTI DAVID J 360 340,829.73 1 25 SEMINARY DRIVE 7.500 2,447.26 54 7.250 2,447.26 655,000.00 MAHWAH NJ 07430 5 08/31/93 00 398586 05 10/01/93 0 398586 O 09/01/23 0 1492190 F45/F45 F 228,000.00 ZZ FOO JOHN 360 221,751.00 1 474 MASON PLACE 8.250 1,712.89 75 8.000 1,712.89 305,000.00 PARAMUS NJ 07652 1 06/29/94 00 399428 05 08/01/94 0 399428 O 07/01/24 0 1492191 F45/F45 F 153,000.00 ZZ FOULKE EVAN M 360 148,300.12 1 891 PRINCE STREET 6.875 1,005.11 85 6.625 1,005.11 180,000.00 TEANECK NJ 07666 1 09/30/93 10 399592 05 11/01/93 17 399592 O 10/01/23 0 1492192 F45/F45 F 250,000.00 ZZ GALDA, JR. FRED C 360 244,979.12 1 45 UPPER SADDLE RIVER ROAD 7.250 1,705.45 64 7.000 1,705.45 395,000.00 MONTVALE NJ 07645 5 04/20/94 00 400549 05 06/01/94 0 400549 O 05/01/24 0 1 1492193 F45/F45 F 265,500.00 ZZ GASPAROVIC CAROL 360 261,193.42 1 200 TONER ROAD, BLOCK 126.02 8.125 1,971.33 90 LOT 1 7.875 1,971.33 295,000.00 BOONTON NJ 07005 2 05/06/94 10 401091 05 07/01/94 22 401091 O 06/01/24 0 1492194 F45/F45 F 50,000.00 ZZ GATENS JAMES T 360 48,767.71 1 484 WILSON AVENUE 7.250 341.09 28 7.000 341.09 185,000.00 PARAMUS NJ 07652 2 11/30/93 00 401117 05 01/01/94 0 401117 O 12/01/23 0 1492195 F45/F45 F 225,000.00 ZZ GATH JAMES 360 219,104.80 1 135 GLENWOOD ROAD 7.500 1,573.24 79 7.250 1,573.24 285,000.00 ENGLEWOOD NJ 07631 1 08/19/93 00 401141 05 10/01/93 0 401141 O 09/01/23 0 1492196 F45/F45 F 265,400.00 T GILSENAN RICHARD 360 258,765.14 1 81 D LONG BEACH BOULEVARD 7.750 1,901.36 51 LONG BEACH TWSHP 7.500 1,901.36 525,000.00 LOVELADIES NJ 08040 2 08/11/93 00 401893 05 10/01/93 0 401893 O 09/01/23 0 1492197 F45/F45 F 500,000.00 ZZ GUTIERREZ ERIC 360 484,341.03 1 25 WILDWOOD ROAD 8.500 3,844.57 59 8.250 3,844.57 858,000.00 SADDLE RIVER NJ 07458 1 08/01/92 00 403378 05 10/01/92 0 403378 O 09/01/22 0 1492198 F45/F45 F 256,000.00 ZZ HOCTOR DANIEL J 360 245,099.54 1 1 60 EAST PROSPECT STREET 6.750 1,660.42 80 6.500 1,660.42 320,000.00 WALDWICK NJ 07463 1 01/11/94 00 405316 05 03/01/94 0 405316 O 02/01/24 0 1492199 F45/F45 F 275,000.00 ZZ KAUFMAN MITCHELL H 360 267,886.50 1 12 VANDERBILT COURT 7.750 1,970.14 73 7.500 1,970.14 380,000.00 PARAMUS NJ 07653 1 07/27/93 00 408195 05 09/01/93 0 408195 O 08/01/23 0 1492200 F45/F45 F 440,000.00 ZZ KHORAMI ALLEN F 360 415,830.99 1 21 JAMES BRITE CIRCLE 7.750 3,152.22 60 7.500 3,152.22 737,000.00 MAHWAH NJ 07430 5 06/14/93 00 408740 05 08/01/93 0 408740 O 07/01/23 0 1492201 F45/F45 F 450,000.00 ZZ KLINGER ARLEN S 360 438,045.23 1 331 INDIAN TRAIL DRIVE 8.125 3,341.24 60 7.875 3,341.24 753,500.00 FRANKLIN LAKES NJ 07417 5 04/14/93 00 409227 05 06/01/93 0 409227 O 05/01/23 0 1492202 F45/F45 F 106,000.00 ZZ KNOERZER WAYNE 360 98,300.34 1 18 GAJEWSKI LANE 7.875 768.58 79 7.625 768.58 135,000.00 CEDAR RUN NJ 08092 1 10/02/92 00 409292 05 12/01/92 0 409292 O 11/01/22 0 1492203 F45/F45 F 261,600.00 ZZ KOMATSU YOSHIYUKI 360 258,451.27 1 427 RUSSELL AVENUE 8.875 2,081.41 80 8.625 2,081.41 331,000.00 WYCKOFF NJ 07481 1 08/03/94 00 409482 05 10/01/94 0 1 409482 O 09/01/24 0 1492205 F45/F45 F 378,000.00 T KYHL HENRY C 360 368,550.20 1 48 WINTHROP ROAD 7.750 2,708.04 70 7.500 2,708.04 540,000.00 SHELTER ISLAND NY 11965 2 08/09/93 00 410373 05 10/01/93 0 410373 O 09/01/23 0 1492206 F45/F45 F 228,000.00 ZZ LANGTON CHARLES 360 221,273.46 1 21 CLAIRMONT DRIVE 7.000 1,516.89 80 6.750 1,516.89 286,000.00 WOODCLIFF LAKE NJ 07675 1 12/23/93 00 410936 05 02/01/94 0 410936 O 01/01/24 0 1492207 F45/F45 F 251,000.00 ZZ LAUB EDWARD J 360 244,725.01 1 429 WYCKOFF AVENUE 7.750 1,798.20 48 7.500 1,798.20 530,000.00 WYCKOFF NJ 07481 1 08/25/93 00 411074 05 10/01/93 0 411074 O 09/01/23 0 1492208 F45/F45 F 430,000.00 ZZ LING DAVID D 360 415,169.53 1 4 MALLARD RUN 8.500 3,306.33 74 8.250 3,306.33 587,000.00 UPPER SADDLE RI NJ 07458 5 04/20/92 00 412262 05 06/01/92 0 412262 O 05/01/22 0 1492209 F45/F45 F 227,500.00 ZZ LOEFFLER RICHARD W 360 221,545.13 1 15 ROBIN RIDGE ROAD 7.125 1,532.71 61 6.875 1,532.71 379,000.00 UPPER SADDLE RI NJ 07458 1 10/26/93 00 412403 05 12/01/93 0 412403 O 11/01/23 0 1 1492210 F45/F45 F 259,200.00 ZZ MAC ARTHUR THOMAS C 360 254,235.55 1 12 BUTTERNUT ROAD 7.500 1,812.37 90 7.250 1,812.37 290,000.00 RANDOLPH NJ 07869 1 04/28/94 10 413252 05 06/01/94 17 413252 O 05/01/24 0 1492211 F45/F45 F 250,000.00 T MADONNA MICHAEL J 360 229,055.35 1 7 EAST HUDSON AVENUE 7.250 1,705.45 74 7.000 1,705.45 340,000.00 HARVEY CEDARS NJ 08008 1 09/10/93 00 413443 05 11/01/93 0 413443 O 10/01/23 0 1492213 F45/F45 F 243,500.00 ZZ MALMUT MARK 360 240,086.64 1 53 OAK TRAIL ROAD 8.625 1,893.92 72 8.375 1,893.92 341,000.00 HILLSDALE NJ 07642 1 06/29/94 00 413716 05 08/01/94 0 413716 O 07/01/24 0 1492214 F45/F45 F 240,000.00 ZZ MANERI CHRISTOPHA 240 223,637.23 1 23 COLES HILL 7.500 1,933.43 69 7.250 1,933.43 350,000.00 NORTH HALEDON NJ 07508 5 07/01/93 00 413815 05 08/01/93 0 413815 O 07/01/13 0 1492215 F45/F45 F 300,000.00 ZZ MATERASSO MICHAEL J 360 294,254.15 1 184 WEST RIDGEWOOD AVENUE 7.500 2,097.65 54 7.250 2,097.65 560,000.00 RIDGEWOOD NJ 07450 5 04/13/94 00 414839 05 06/01/94 0 414839 O 05/01/24 0 1492216 F45/F45 F 225,000.00 ZZ MATTHEWS SPERO S 360 219,106.32 1 7 MOCCASIN COURT 7.125 1,515.87 51 6.875 1,515.87 446,000.00 1 MAHWAH NJ 07430 1 10/15/93 00 414961 05 12/01/93 0 414961 O 11/01/23 0 1492218 F45/F45 F 225,000.00 ZZ MERIL RICHARD B 360 219,104.80 1 478 MARK ROAD 7.500 1,573.24 46 7.250 1,573.24 490,000.00 ALLENDALE NJ 07401 1 08/20/93 00 416339 05 10/01/93 0 416339 O 09/01/23 0 1492219 F45/F45 F 225,000.00 ZZ MEYERS, SR. RONALD 360 218,607.55 1 589 EWING AVENUE 8.250 1,690.35 30 8.000 1,690.35 750,000.00 FRANKLIN LAKES NJ 07417 5 01/19/93 00 416545 05 03/01/93 0 416545 O 02/01/23 0 1492220 F45/F45 F 320,000.00 ZZ MILLER, M.D. RICHARD 360 312,186.42 1 405 HOLLY DRIVE 7.875 2,320.23 60 7.625 2,320.23 535,000.00 WYCKOFF NJ 07481 1 08/24/93 00 416826 05 10/01/93 0 416826 O 09/01/23 0 1492221 F45/F45 F 550,000.00 ZZ MIRCHIN FRANK 360 539,250.89 1 9 MICHELLE WAY 7.625 3,892.87 66 7.375 3,892.87 835,500.00 MONTVILLE NJ 07045 5 03/21/94 00 417030 05 05/01/94 0 417030 O 04/01/24 0 1492222 F45/F45 F 250,000.00 ZZ MUNDO FRANK M 360 245,845.07 1 4 BUTTERNUT ROAD 8.000 1,834.42 48 7.750 1,834.42 530,000.00 ALLENDALE BOROU NJ 07401 1 05/19/94 00 418210 05 07/01/94 0 418210 O 06/01/24 0 1 1492223 F45/F45 F 240,000.00 ZZ ORLANDO CARLO E 360 233,275.69 1 707 BURKE STREET 7.500 1,678.12 80 7.250 1,678.12 302,000.00 WASHINGTON TOWN NJ 07675 1 06/30/93 00 420604 05 08/01/93 0 420604 O 07/01/23 0 1492224 F45/F45 F 230,000.00 ZZ PANDOLFO FRANK W 360 191,109.27 1 11 BOGERT AVENUE 8.500 1,768.51 75 8.250 1,768.51 310,000.00 WESTWOOD NJ 07675 2 04/17/92 00 421131 05 06/01/92 0 421131 O 05/01/22 0 1492225 F45/F45 F 280,000.00 ZZ PETTONI BRUNO 360 273,463.43 1 292 MERRYWOOD DRIVE 7.125 1,886.42 66 6.875 1,886.42 430,000.00 WYCKOFF NJ 07431 5 01/04/94 00 422279 05 03/01/94 0 422279 O 02/01/24 0 1492226 F45/F45 F 450,000.00 ZZ PRICE GERALD F 360 438,482.60 1 50 SPLIT ROCK ROAD 7.625 3,185.08 67 7.375 3,185.08 675,000.00 BOONTON TOWNSHI NJ 07005 1 08/25/93 00 423541 05 10/01/93 0 423541 O 09/01/23 0 1492227 F45/F45 F 360,000.00 ZZ PULSIFER DAVID 360 354,567.84 1 707 JENNY TRAIL 8.250 2,704.56 72 8.000 2,704.56 500,000.00 FRANKLIN LAKES NJ 07417 1 07/01/94 00 423756 05 08/01/94 0 423756 O 07/01/24 0 1492228 F45/F45 F 240,000.00 ZZ RABINOWITZ JEFFREY H 360 229,744.51 1 1 26 VALLEY VIEW TERRACE 7.250 1,637.23 69 7.000 1,637.23 352,000.00 MONTVALE NJ 07645 2 01/11/94 00 424077 05 03/01/94 0 424077 O 02/01/24 0 1492229 F45/F45 F 236,000.00 ZZ REGANATO PETER A 360 228,019.25 1 85 N. ISLAND ROAD 8.250 1,772.99 80 8.000 1,772.99 295,000.00 RAMSEY NJ 07446 2 11/30/92 00 424721 05 01/01/93 0 424721 O 12/01/22 0 1492230 F45/F45 F 240,000.00 ZZ RICCIO MICHAEL G 360 233,637.83 1 279 VILLAGE PLACE 7.250 1,637.23 74 7.000 1,637.23 324,500.00 WYCKOFF NJ 07481 5 09/27/93 00 425165 05 11/01/93 0 425165 O 10/01/23 0 1492231 F45/F45 F 670,000.00 ZZ ROKEACH MELVIN 360 642,285.86 1 42 PINE TERRACE 7.125 4,513.92 63 6.875 4,513.92 1,065,000.00 DEMAREST NJ 07627 5 12/23/93 00 425959 05 02/01/94 0 425959 O 01/01/24 0 1492232 F45/F45 F 330,000.00 ZZ SABATINI FRANK 360 321,533.47 1 41 LOCUST LANE 7.125 2,223.28 73 6.875 2,223.28 454,000.00 SADDLE RIVER NJ 07458 5 12/17/93 00 427054 05 02/01/94 0 427054 O 01/01/24 0 1492233 F45/F45 F 277,200.00 ZZ SALDARINI CHARLES T 360 272,365.41 1 6 MOHAWK TRAIL 7.750 1,985.90 79 7.500 1,985.90 355,000.00 MAHWAH NJ 07430 1 05/11/94 00 427195 05 07/01/94 0 1 427195 O 06/01/24 0 1492234 F45/F45 F 450,000.00 ZZ SCHWARTZ DAVID 360 437,392.02 1 3 SHADOW RIDGE ROAD 7.500 3,146.47 76 7.250 3,146.47 595,000.00 WAYNE NJ 07470 1 07/02/93 00 428524 05 08/01/93 0 428524 O 07/01/23 0 1492235 F45/F45 F 243,750.00 ZZ SHAKOOR JOHN M 360 238,779.49 1 8 AGATHA LANE 7.625 1,725.25 75 7.375 1,725.25 325,000.00 WAYNE TOWNSHIP NJ 07470 5 02/10/94 00 429225 05 04/01/94 0 429225 O 03/01/24 0 1492236 F45/F45 F 260,000.00 ZZ SHAW DAVID L 360 253,654.66 1 106 JACKSON DRIVE 7.500 1,817.96 24 7.250 1,817.96 1,100,000.00 CRESSKILL NJ 07626 2 10/21/93 00 429290 05 12/01/93 0 429290 O 11/01/23 0 1492237 F45/F45 F 250,000.00 ZZ SKEFFINGTON THOMAS J 360 243,696.81 1 69 VALLEY VIEW AVENUE 7.000 1,663.26 35 6.750 1,663.26 735,000.00 RIDGEWOOD NJ 07450 1 12/30/93 00 430215 05 02/01/94 0 430215 O 01/01/24 0 1492238 F45/F45 F 233,000.00 ZZ SUMIKAWA HIDEO 300 220,146.96 1 520 OLD WOODS ROAD 8.500 1,876.18 73 8.250 1,876.18 321,000.00 WYCKOFF NJ 07481 2 04/06/92 00 432237 05 06/01/92 0 432237 O 05/01/17 0 1 1492239 F45/F45 F 210,000.00 ZZ SYLVESTER MICHAEL 360 204,900.78 1 47 OSBORNE COURT 7.125 1,414.81 55 6.875 1,414.81 387,000.00 MAHWAH NJ 07430 5 12/09/93 00 432468 05 02/01/94 0 432468 O 01/01/24 0 1492240 F45/F45 F 112,000.00 ZZ TSILKOS KALIOPI 360 109,133.50 1 200 DIVISION ST UNT 5H 7.625 792.73 80 7.375 792.73 140,000.00 CLIFFSIDE PARK NJ 07010 2 08/02/93 00 434290 08 10/01/93 0 434290 O 09/01/23 0 1492241 F45/F45 F 285,000.00 ZZ VAN DYK ROBERT 360 279,785.50 1 32 CHESTNUT STREET 7.500 1,992.77 71 7.250 1,992.77 402,000.00 MAHWAH NJ 07430 5 05/26/94 00 434910 05 07/01/94 0 434910 O 06/01/24 0 1492242 F45/F45 F 284,000.00 T VERRIER JOHN J 360 278,580.37 1 1107 SOUTH OCEAN AVENUE 7.750 2,034.62 80 7.500 2,034.62 355,000.00 SEASIDE PARK NJ 08752 1 03/10/94 00 435701 05 05/01/94 0 435701 O 04/01/24 0 1492243 F45/F45 F 237,900.00 ZZ WAGNER CARL 360 231,579.14 1 50 WINDING WAY 7.500 1,663.44 80 7.250 1,663.44 299,000.00 UPPER SADDLE RI NJ 07458 1 08/01/93 00 436337 05 10/01/93 0 436337 O 09/01/23 0 1492244 F45/F45 F 280,000.00 ZZ WANG CHUNG-SIN 360 273,663.01 1 311 SOUTH VAN DIEN AVE 7.500 1,957.80 69 7.250 1,957.80 410,000.00 1 RIDGEWOOD NJ 07450 2 12/22/93 00 436618 05 02/01/94 0 436618 O 01/01/24 0 1492245 F45/F45 F 300,000.00 ZZ WEINPAHL JOHN 360 296,109.68 1 368 ELBERT STREET 8.500 2,306.75 76 8.250 2,306.75 395,000.00 RAMSEY NJ 07446 1 08/25/94 00 436972 05 10/01/94 0 436972 O 09/01/24 0 1492246 F45/F45 F 283,000.00 T WELDON ROBERT L 360 275,781.48 1 5 THOMAS AVENUE 6.875 1,859.11 58 6.625 1,859.11 490,000.00 HARVEY CEDARS NJ 08006 1 12/30/93 00 437186 05 02/01/94 0 437186 O 01/01/24 0 1492247 F45/F45 F 412,000.00 ZZ WITKOWSKI THOMAS W 360 403,396.93 1 10 LONGWOOD COURT 7.500 2,880.76 73 7.250 2,880.76 570,000.00 WOODCLIFF LAKE NJ 07675 1 02/22/94 00 437996 05 04/01/94 0 437996 O 03/01/24 0 1492248 F45/F45 F 450,000.00 ZZ YEDIBALIAN KALOUST 360 437,392.02 1 711 CHARNWOOD DRIVE 7.500 3,146.47 64 7.250 3,146.47 707,000.00 WYCKOFF NJ 07481 1 06/22/93 00 438614 05 08/01/93 0 438614 O 07/01/23 0 1492249 F45/F45 F 288,000.00 ZZ YOUNES GEORGE A 360 283,654.23 1 29 VALLEY LANE 8.250 2,163.65 58 8.000 2,163.65 498,000.00 UPPER SADDLE RI NJ 07458 2 06/06/94 00 438671 05 08/01/94 0 438671 O 07/01/24 0 1 1492250 F45/F45 F 235,716.23 ZZ ZALKOWITZ ALAN 180 168,639.63 1 533 LONG DRIVE 7.750 2,218.74 39 7.500 2,218.74 615,000.00 WYCKOFF NJ 07481 1 01/01/87 00 438853 05 03/01/92 0 438853 O 02/01/07 0 1492251 F45/F45 F 700,000.00 ZZ ZUCKER BARRY H 360 683,002.71 1 98 LOOKOUT ROAD 7.125 4,716.03 52 6.875 4,716.03 1,350,000.00 MOUNTAIN LAKES NJ 07046 5 12/09/93 00 439208 05 02/01/94 0 439208 O 01/01/24 0 1492252 F45/F45 F 228,000.00 ZZ HANSON LETITIA J 360 224,826.25 1 14 RYDER ROAD 8.750 1,793.68 80 8.500 1,793.68 285,000.00 OSSINING NY 10562 1 09/26/94 00 468421 05 11/01/94 0 468421 O 10/01/24 0 1492253 F45/F45 F 215,000.00 ZZ HARTMAN DAVID E 360 212,361.08 1 25 ARGYLE ROAD 8.500 1,653.16 53 8.250 1,653.16 413,000.00 RYE BROOK NY 10573 1 09/28/94 00 468595 05 11/01/94 0 468595 O 10/01/24 0 1492254 F45/F45 F 616,850.00 ZZ BAILIN JOHN 360 610,218.05 2 176 WARREN STREET 8.875 4,907.94 75 8.625 4,907.94 825,000.00 BROOKLYN NY 11201 1 10/04/94 00 469213 05 12/01/94 0 469213 O 11/01/24 0 1492255 F45/F45 F 213,000.00 ZZ ERRICO MARK 360 210,406.90 1 1 7923 11TH AVENUE 8.250 1,600.20 73 8.000 1,600.20 295,000.00 BROOKLYN NY 11228 1 10/06/94 00 469536 05 12/01/94 0 469536 O 11/01/24 0 1492256 F45/F45 F 268,000.00 ZZ GOODERUM STEPHEN P 360 265,045.63 1 528 MELROSE PLACE 8.750 2,108.36 80 8.500 2,108.36 336,000.00 SOUTH ORANGE NJ 07079 1 10/05/94 00 469650 05 12/01/94 0 469650 O 11/01/24 0 1492257 F45/F45 F 217,000.00 ZZ CULKIN JOHN M 360 214,292.43 1 310 BURTIS AVENUE 8.125 1,611.22 79 7.875 1,611.22 275,000.00 ROCKVILLE CENTR NY 11570 2 10/07/94 00 469775 05 12/01/94 0 469775 O 11/01/24 0 1492258 F45/F45 F 268,000.00 ZZ DORSKY MICHAEL H 360 265,045.63 1 24 HILLCREST AVENUE 8.750 2,108.36 77 8.500 2,108.36 350,000.00 ROSLYN NY 11576 1 10/17/94 00 470161 05 12/01/94 0 470161 O 11/01/24 0 1492260 F45/F45 F 277,200.00 ZZ DAVISON GLENN A 360 274,219.73 1 100 DEER HAVEN ROAD 8.875 2,205.53 90 8.625 2,205.53 308,000.00 BEDMINSTER NJ 07921 1 10/18/94 11 470450 05 12/01/94 17 470450 O 11/01/24 0 1492261 F45/F45 F 280,000.00 ZZ BAUER ALBERT L 360 267,029.80 1 141 PARKVIEW ROAD 8.625 2,177.81 69 8.375 2,177.81 410,000.00 POUND RIDGE NY 10576 1 10/17/94 00 470468 05 12/01/94 0 1 470468 O 11/01/24 0 1492262 F45/F45 F 246,000.00 ZZ BRUNO CRAIG J 360 242,881.72 1 18 BAER COURT 8.250 1,848.12 80 8.000 1,848.12 309,000.00 HAUPPAUGE NY 11788 1 10/18/94 00 470575 05 12/01/94 0 470575 O 11/01/24 0 1492263 F45/F45 F 270,000.00 ZZ JOHNSON JOHN F 360 269,262.90 1 5 COACH HILL LANE 7.500 1,887.88 79 7.250 1,887.88 343,000.00 NORTHPORT NY 11768 2 02/22/96 00 470609 05 04/01/96 0 470609 O 03/01/26 0 1492264 F45/F45 F 243,750.00 ZZ JENNIS MARK L 360 240,782.62 1 4 CHEROKEE COURT 8.250 1,831.21 75 8.000 1,831.21 325,000.00 MONTVILLE NJ 07045 1 10/01/94 00 470674 05 12/01/94 0 470674 O 11/01/24 0 1492265 F45/F45 F 327,100.00 ZZ DEVITO RALPH J 360 323,310.01 1 8 PINEWOOD LANE 8.500 2,515.12 80 8.250 2,515.12 410,000.00 WARREN NJ 07059 1 10/21/94 00 470989 05 12/01/94 0 470989 O 11/01/24 0 1492266 F45/F45 F 226,200.00 ZZ JAKUBICKI GARY J 360 223,446.15 1 7 MILBURNE LANE 8.250 1,699.37 80 8.000 1,699.37 284,000.00 ROBBINSVILLE NJ 08691 1 10/27/94 00 471540 05 12/01/94 0 471540 O 11/01/24 0 1 1492267 F45/F45 F 308,000.00 ZZ BELFER BARRY I 360 300,342.18 1 130 LORRAINE DRIVE 8.125 2,286.89 80 7.875 2,286.89 385,000.00 BERKELEY HEIGHT NJ 07922 1 10/28/94 00 471797 05 12/01/94 0 471797 O 11/01/24 0 1492268 F45/F45 F 234,000.00 ZZ STEPKA WILLIAM 360 231,355.30 1 82 READINGTON ROAD 8.625 1,820.03 89 8.375 1,820.03 265,000.00 WHITEHOUSE STAT NJ 08889 1 10/31/94 01 472043 05 12/01/94 17 472043 O 11/01/24 0 1492271 F45/F45 F 88,500.00 ZZ PERSAUD DEV 360 86,351.88 1 93-12 VANDERVEER STREET 8.375 672.66 75 8.125 672.66 118,000.00 QUEENS VILLAGE NY 11428 1 04/18/95 00 485813 05 06/01/95 0 485813 O 05/01/25 0 1492273 F45/F45 F 256,000.00 ZZ LEARY JOHN 360 254,015.64 1 23 FREMONT ROAD 8.375 1,945.78 79 8.125 1,945.78 325,000.00 NORTH TARRYTOWN NY 10591 1 04/18/95 00 486068 05 06/01/95 0 486068 O 05/01/25 0 1492274 F45/F45 F 216,000.00 ZZ GLAZER LAWRENCE 360 214,447.47 1 14 CONKLIN TERRACE 8.750 1,699.27 80 8.500 1,699.27 270,000.00 EAST HAMPTON NY 11937 1 04/19/95 00 486118 05 06/01/95 0 486118 O 05/01/25 0 1492275 F45/F45 F 200,000.00 ZZ SCOTT BRAD J 360 198,370.33 1 2319 OWEN COURT 8.125 1,484.99 70 7.875 1,484.99 287,000.00 1 DOVER TWP(TOMS NJ 08753 1 04/11/95 00 486217 05 06/01/95 0 486217 O 05/01/25 0 1492276 F45/F45 F 400,000.00 ZZ TRUSS DONALD V 360 396,054.22 1 1836 WOODFIELD ROAD 9.000 3,218.49 67 8.750 3,218.49 600,000.00 MARTINSVILLE NJ 08836 1 11/04/94 00 486910 05 01/01/95 0 486910 O 12/01/24 0 1492277 F45/F45 F 460,000.00 ZZ KUSKIN-BROWN DEBI F 360 454,729.46 1 10 DONNA COURT 8.250 3,455.83 74 8.000 3,455.83 629,000.00 OCEAN NJ 07712 1 11/04/94 00 487116 05 01/01/95 0 487116 O 12/01/24 0 1492278 F45/F45 F 244,000.00 ZZ MASUGA JAMES M 360 241,204.38 1 15 NORTHFIELD ROAD 8.250 1,833.09 80 8.000 1,833.09 306,000.00 GLEN COVE NY 11542 1 11/10/94 00 487447 05 01/01/95 0 487447 O 12/01/24 0 1492280 F45/F45 F 346,500.00 ZZ EDLEMAN ROBERT J 360 339,037.58 1 7 CAROL COURT 8.750 2,725.92 85 8.500 2,725.92 410,000.00 DIX HILLS NY 11746 1 11/15/94 01 487876 05 01/01/95 17 487876 O 12/01/24 0 1492281 F45/F45 F 350,000.00 ZZ JHAVERI NARAYAN B 360 346,087.92 1 2-44 149TH STREET 8.375 2,660.25 72 8.125 2,660.25 490,000.00 WHITESTONE NY 11357 1 11/15/94 00 488007 05 01/01/95 0 488007 O 12/01/24 0 1 1492282 F45/F45 F 222,400.00 ZZ WALLACH PERRY 360 219,914.16 1 7 EVELYN ROAD 8.375 1,690.40 80 8.125 1,690.40 278,500.00 PLAINVIEW NY 11803 1 11/17/94 00 488056 05 01/01/95 0 488056 O 12/01/24 0 1492283 F45/F45 F 261,600.00 ZZ HAGEN KENNETH S 360 258,747.62 1 78 ROUND TOP ROAD 8.500 2,011.48 80 8.250 2,011.48 327,000.00 WARREN NJ 07059 1 11/18/94 00 488247 05 01/01/95 0 488247 O 12/01/24 0 1492285 F45/F45 F 435,000.00 ZZ MALOFF PETER 360 430,137.86 1 7 BAILIWICK DRIVE 8.375 3,306.31 77 8.125 3,306.31 565,000.00 WARREN NJ 07060 1 11/18/94 00 488650 05 01/01/95 0 488650 O 12/01/24 0 1492286 F45/F45 F 350,000.00 ZZ ZACHAROFF KEVIN 360 346,183.75 1 1 FLAX POND WOODS ROAD 8.500 2,691.20 72 8.250 2,691.20 487,500.00 OLD FIELD NY 11733 1 11/22/94 00 488809 05 01/01/95 0 488809 O 12/01/24 0 1492290 F45/F45 F 248,000.00 ZZ MARABOTTO ELBIO E 360 245,526.65 1 34 SADDLE LANE 8.625 1,928.92 80 8.375 1,928.92 312,500.00 ROSLYN HEIGHTS NY 11577 1 12/07/94 00 490284 05 02/01/95 0 490284 O 01/01/25 0 1492291 F45/F45 F 220,500.00 ZZ TURCHIN CHARLES B 360 218,188.56 1 1 257 KUHL ROAD EAST 8.375 1,675.96 69 8.125 1,675.96 320,000.00 FLEMINGTON NJ 08822 1 12/14/94 00 491191 05 02/01/95 0 491191 O 01/01/25 0 1492292 F45/F45 F 309,400.00 ZZ SCHLOSS ALEXANDERJ 360 303,387.10 1 2622 ARLINGTON AVENUE 8.375 2,351.66 85 8.125 2,351.66 365,000.00 RIVERDALE NY 10463 1 12/16/94 11 491241 05 02/01/95 20 491241 O 01/01/25 0 1492293 F45/F45 F 262,400.00 ZZ SCHWARTZ WAYNE M 360 212,168.98 1 41 JENNIFER COURT 9.000 2,111.33 80 8.750 2,111.33 328,000.00 MARLBORO NJ 07746 2 07/02/92 00 492173 05 09/01/92 0 492173 O 08/01/22 0 1492294 F45/F45 F 235,360.00 ZZ DARBY DANA R 360 219,365.69 1 1407 CRABAPPLE DRIVE 8.750 1,851.58 73 8.500 1,851.58 326,000.00 WALL TOWNSHIP NJ 07719 1 07/30/92 00 492322 05 09/01/92 0 492322 O 08/01/22 0 1492295 F45/F45 F 248,500.00 ZZ NISENSON LEROY F 360 240,963.59 1 106 SALEM AVENUE 8.500 1,910.75 61 8.250 1,910.75 410,000.00 SPRING LAKE NJ 07762 2 09/17/92 00 492777 05 11/01/92 0 492777 O 10/01/22 0 1492296 F45/F45 F 250,000.00 ZZ MULVEE ROBERT D 360 242,418.34 1 734 SHACKAMAXON DRIVE 8.500 1,922.28 69 8.250 1,922.28 364,000.00 WESTFIELD NJ 07090 2 09/22/92 00 492850 05 11/01/92 0 1 492850 O 10/01/22 0 1492297 F45/F45 F 25,000.00 ZZ GUY JUDITH A 360 22,343.88 1 52 EAST MANCHESTER COURT 7.500 174.80 59 7.250 174.80 43,000.00 FREEHOLD NJ 07728 1 10/26/92 00 493239 01 12/01/92 0 493239 O 11/01/22 0 1492298 F45/F45 F 230,000.00 ZZ SIEBENHELLER DAVID 360 221,831.08 1 59 MULBERRY LANE 7.500 1,608.19 71 7.250 1,608.19 326,000.00 COLTS NECK NJ 07722 1 10/30/92 00 493338 05 12/01/92 0 493338 O 11/01/22 0 1492299 F45/F45 F 220,000.00 ZZ SPERA VINCENT M 360 213,065.52 1 1010 BOYNTON AVENUE 8.000 1,614.28 70 7.750 1,614.28 316,000.00 WESTFIELD NJ 07090 1 11/25/92 00 493692 05 01/01/93 0 493692 O 12/01/22 0 1492300 F45/F45 F 240,000.00 ZZ WELDON III ROBERT F 360 230,436.48 1 1420 CHAPEL HILL ROAD 7.625 1,698.71 51 7.375 1,698.71 479,000.00 MOUNTAINSIDE NJ 07092 1 01/26/93 00 493874 05 02/01/93 0 493874 O 01/01/23 0 1492301 F45/F45 F 335,000.00 ZZ COLEMAN JOHN W 360 325,203.51 1 20 SHORE ROAD 8.250 2,516.74 70 8.000 2,516.74 485,000.00 OCEANPORT NJ 07757 1 12/30/92 00 494286 05 02/01/93 0 494286 O 01/01/23 0 1 1492302 F45/F45 F 464,000.00 ZZ KEANE JOHN F 360 451,356.57 1 111 BROOKLYN BOULEVARD 8.625 3,608.95 80 8.375 3,608.95 580,000.00 SEA GIRT NJ 08750 2 12/21/92 00 494591 05 02/01/93 0 494591 O 01/01/23 0 1492303 F45/F45 F 324,000.00 ZZ MASTORIS MICHAEL 360 313,658.23 1 18 HLUCHY ROAD 7.625 2,293.26 53 7.375 2,293.26 615,000.00 ROBBINSVILLE NJ 08691 2 01/12/93 00 494641 05 03/01/93 0 494641 O 02/01/23 0 1492304 F45/F45 F 235,000.00 ZZ ARTHUR J R 360 222,456.24 1 1534 DEER PATH 8.250 1,765.48 59 8.000 1,765.48 405,000.00 MOUNTAINSIDE NJ 07092 5 01/21/93 00 494906 05 03/01/93 0 494906 O 02/01/23 0 1492305 F45/F45 F 400,000.00 ZZ GROSSMAN PAUL 360 387,442.50 1 444 HOPE CHAPEL ROAD 7.875 2,900.28 77 7.625 2,900.28 525,000.00 LAKEWOOD NJ 08701 1 01/29/93 00 494971 05 03/01/93 0 494971 O 02/01/23 0 1492306 F45/F45 F 199,758.91 ZZ LAZAR ROBERT R 359 183,920.23 1 11 GOLDEN WAY 7.125 1,346.89 77 6.875 1,346.89 260,000.00 HOWELL NJ 07731 1 03/19/93 00 495010 05 04/01/93 0 495010 O 02/01/23 0 1492307 F45/F45 F 335,000.00 ZZ ROSIAK FREDERIC N 240 309,775.57 1 82 BUENA VISTA AVENUE 6.875 2,572.18 31 6.625 2,572.18 1,100,000.00 1 RUMSON NJ 07760 5 05/24/93 00 495226 05 07/01/93 0 495226 O 06/01/13 0 1492308 F45/F45 F 560,000.00 ZZ MOFFETT BARRY 360 547,859.98 1 2144 SHADOWBROOK DRIVE 8.125 4,157.99 80 7.875 4,157.99 700,000.00 WALL TOWNSHIP NJ 07719 2 10/05/93 00 495861 05 12/01/93 0 495861 O 11/01/23 0 1492309 F45/F45 F 245,000.00 ZZ WALLNER RICHARD 360 238,390.24 1 7 CLINTON AVENUE 7.875 1,776.42 70 7.625 1,776.42 350,000.00 EDISON NJ 08820 2 05/14/93 00 496042 05 07/01/93 0 496042 O 06/01/23 0 1492310 F45/F45 F 225,000.00 ZZ KILEY JOAN 360 217,657.86 1 36 WARDELL AVENUE 8.000 1,650.98 70 7.750 1,650.98 324,000.00 BUROUGH OF RUMS NJ 07760 2 06/14/93 00 496141 05 08/01/93 0 496141 O 07/01/23 0 1492311 F45/F45 F 450,000.00 ZZ GLOVER JANE O 360 438,615.02 1 884 NAVESINK RIVER ROAD 7.500 3,146.47 41 7.250 3,146.47 1,100,000.00 MIDDLETOWN TWP NJ 07760 5 09/24/93 00 496166 05 11/01/93 0 496166 O 10/01/23 0 1492312 F45/F45 F 266,000.00 ZZ GOLUBOV JOSEPH 360 259,331.17 1 185 COMANCHE DRIVE 8.000 1,951.82 60 7.750 1,951.82 450,000.00 OCEANPORT NJ 07757 2 07/15/93 00 496695 05 09/01/93 0 496695 O 08/01/23 0 1 1492313 F45/F45 F 200,000.00 ZZ TRAPANI JUNE 360 194,389.81 1 FOUR TOLEDO DRIVE 8.000 1,467.53 54 7.750 1,467.53 373,000.00 BRICK NJ 08723 2 03/24/93 00 496786 05 05/01/93 0 496786 O 04/01/23 0 1492314 F45/F45 F 245,000.00 ZZ VIERSCHILLING JAMES F 360 238,580.86 1 517 SHERWOOD PARKWAY 7.500 1,713.08 67 7.250 1,713.08 370,000.00 WESTFIELD NJ 07090 2 08/06/93 00 496943 05 10/01/93 0 496943 O 09/01/23 0 1492315 F45/F45 F 232,000.00 ZZ HATAB ANTHONY J 360 225,791.17 1 13 SWEET BRIAR LANE 8.250 1,742.94 62 8.000 1,742.94 375,000.00 HOLMDEL NJ 07733 5 03/25/93 00 496976 05 05/01/93 0 496976 O 04/01/23 0 1492316 F45/F45 F 330,000.00 ZZ DOWLING ANTHONY J 360 319,681.69 1 184 RUMSON ROAD 7.250 2,251.19 70 7.000 2,251.19 475,000.00 RUMSON NJ 07760 2 04/22/93 00 497164 05 06/01/93 0 497164 O 05/01/23 0 1492318 F45/F45 F 211,500.00 ZZ STACY S A 360 205,354.17 1 103 MAPLE AVENUE 7.125 1,424.92 90 6.875 1,424.92 235,000.00 LITTLE SILVER NJ 07739 2 07/26/93 04 497362 05 09/01/93 22 497362 O 08/01/23 0 1492319 F45/F45 F 250,000.00 ZZ LOBELLO JR FRANK 360 243,340.87 1 1 18 FALLSWOOD LANE 6.625 1,600.78 66 6.375 1,600.78 380,000.00 MANALAPAN NJ 07726 1 12/09/93 00 497610 05 02/01/94 0 497610 O 01/01/24 0 1492320 F45/F45 F 236,800.00 ZZ WONG EDWARD K 360 230,449.43 1 35 JERNEE DRIVE 7.375 1,635.52 80 7.125 1,635.52 296,000.00 EAST BRUNSWICK NJ 08816 1 08/04/93 00 497727 05 10/01/93 0 497727 O 09/01/23 0 1492321 F45/F45 F 400,000.00 ZZ COPPOLA ANTHONY R 360 130,357.39 1 382 NORWOOD AVE 7.500 2,796.86 34 7.250 2,796.86 1,200,000.00 W LONG BRANCH NJ 07764 2 09/03/93 00 498121 05 11/01/93 0 498121 O 10/01/23 0 1492322 F45/F45 F 255,000.00 ZZ RAKIN JONATHAN 360 249,124.16 1 5 SHAWNEE COURT 6.750 1,653.93 53 6.500 1,653.93 490,000.00 COLTS NECK NJ 07722 2 03/31/94 00 498303 05 05/01/94 0 498303 O 04/01/24 0 1492323 F45/F45 F 255,000.00 ZZ GRIM PETER W 360 248,009.47 1 12 SADDLE RIDGE DRIVE 6.875 1,675.17 80 6.625 1,675.17 320,000.00 COLTS NECK NJ 07722 1 10/05/93 00 498477 05 12/01/93 0 498477 O 11/01/23 0 1492324 F45/F45 F 262,500.00 ZZ SPENCER KENNETH H 360 255,507.87 1 132 MEADOW AVE 6.625 1,680.82 75 6.375 1,680.82 350,000.00 BAYHEAD NJ 08742 5 12/15/93 00 498543 05 02/01/94 0 1 498543 O 01/01/24 0 1492326 F45/F45 F 234,000.00 ZZ POLGAR ROBERT I 360 225,174.80 1 60 TULIP LANE 7.375 1,616.18 72 7.125 1,616.18 325,000.00 COLTS NECK NJ 07722 2 12/06/93 00 498998 05 02/01/94 0 498998 O 01/01/24 0 1492327 F45/F45 F 215,000.00 ZZ FAGEN JAMES 360 211,678.41 1 39 CHURCH STREET 8.375 1,634.16 79 8.125 1,634.16 275,000.00 MANASQUAN NJ 08736 2 05/27/94 00 499145 05 07/01/94 0 499145 O 06/01/24 0 1492328 F45/F45 F 250,000.00 ZZ LOBELLO RICHARD 360 244,737.29 1 40 BRUNS ROAD 7.000 1,663.26 65 6.750 1,663.26 390,000.00 OCEAN TWP NJ 07711 1 04/12/94 00 499301 03 06/01/94 0 499301 O 05/01/24 0 1492329 F45/F45 F 150,000.00 ZZ TUCKER BRUCE 240 141,600.82 1 10 CHURCHILL ROAD 6.625 1,129.43 69 6.375 1,129.43 220,000.00 EAST BRUNSWICK NJ 08816 2 02/02/94 00 500769 05 04/01/94 0 500769 O 03/01/14 0 1492330 F45/F45 F 328,000.00 ZZ SCHMERMUND WILLIAM H 360 321,311.39 1 3 VALLEY POINT DRIVE 7.625 2,321.57 78 7.375 2,321.57 425,000.00 HOLMDEL NJ 07733 2 02/01/94 00 500843 05 04/01/94 0 500843 O 03/01/24 0 1 1492331 F45/F45 F 95,000.00 ZZ LOCKWOOD KATHRYN M 360 91,855.93 1 25 WOLF HILL AVE 6.625 608.30 80 6.375 608.30 120,000.00 OCEANPORT NJ 07757 1 04/22/94 00 501759 05 06/01/94 0 501759 O 05/01/24 0 1492332 F45/F45 F 367,500.00 ZZ WEIGEL PETER J 360 350,145.89 1 12 DITZEL FARM COURT 7.625 2,601.15 75 7.375 2,601.15 490,000.00 SCOTCH PLAINS NJ 07076 5 06/02/94 00 501866 05 08/01/94 0 501866 O 07/01/24 0 1492334 F45/F45 F 97,500.00 ZZ IADEVAIA MICHAEL J 360 81,475.34 1 193 DE VOE AVENUE 7.000 648.67 58 6.750 648.67 169,000.00 SPOTSWOOD NJ 08884 1 05/17/94 00 502104 05 07/01/94 0 502104 O 06/01/24 0 1492335 F45/F45 F 20,000.00 ZZ GERBER MARGARET J 300 1,007.16 1 50 PARKS RD 7.500 147.80 71 7.250 147.80 28,500.00 DENVILLE NJ 07834 1 11/30/71 00 5025 05 01/01/72 0 5025 O 12/01/96 0 1492336 F45/F45 F 420,000.00 ZZ SHELLEY CHARLES 360 412,497.08 1 20 MARK TWAIN DRIVE 7.625 2,972.74 80 7.375 2,972.74 528,000.00 MORRIS TOWNSHIP NJ 07960 1 05/27/94 00 502567 05 07/01/94 0 502567 O 06/01/24 0 1492337 F45/F45 F 225,000.00 ZZ HOFFMAN SCOTT I 360 221,770.58 1 43 SPRINGBROOK ROAD 8.250 1,690.35 90 8.000 1,690.35 250,000.00 1 LIVINGSTON NJ 07039 1 07/22/94 04 503151 05 09/01/94 22 503151 O 08/01/24 0 1492338 F45/F45 F 247,500.00 ZZ BRIZER DAVID A 360 244,536.54 1 223 CORLIES AVENUE 8.625 1,925.03 75 8.375 1,925.03 332,000.00 ALLENHURST NJ 07711 1 09/14/94 00 503284 05 11/01/94 0 503284 O 10/01/24 0 1492339 F45/F45 F 475,000.00 ZZ DEFABIO EDWARD 360 468,926.03 1 16 KEMP AVENUE 8.000 3,485.39 64 7.750 3,485.39 750,000.00 RUMSON NJ 07760 1 10/19/94 00 503615 05 12/01/94 0 503615 O 11/01/24 0 1492340 F45/F45 F 30,000.00 ZZ TRAFFICANTE JOHN F 300 5,287.47 1 11 MEADOW BROOK DRIVE 7.500 221.70 55 7.250 221.70 55,000.00 FREEHOLD NJ 07728 1 06/22/73 00 504282 05 08/01/73 0 504282 O 07/01/98 0 1492343 F45/F45 F 43,095.90 ZZ LEISCHKER GEORGE 164 35,243.94 1 1614 WATERS EDGE DRIVE 6.875 405.98 31 6.625 405.98 141,000.00 TOMS RIVER NJ 08753 1 04/20/93 00 506816 01 05/01/93 0 506816 O 12/01/06 0 1492344 F45/F45 F 85,406.68 ZZ HECKEL JR JOHN F 180 71,807.83 1 STUART STREET 7.500 791.73 60 7.250 791.73 143,500.00 HOWELL NJ 07731 1 07/30/92 00 507400 05 09/01/92 0 507400 O 08/01/07 0 1 1492345 F45/F45 F 24,318.30 ZZ YURKOVIC NADJA 306 23,210.62 1 16 GEISLERS LANE 7.250 174.56 14 7.000 174.56 182,000.00 FREEHOLD TWSHIP NJ 07728 1 05/03/93 00 507830 05 06/01/93 0 507830 O 11/01/18 0 1492346 F45/F45 F 210,000.00 ZZ BLAKE ALLAN 360 170,496.03 1 477 OCEAN AVE UNIT B-1 8.500 1,614.72 63 BUILDING #TOWER A-B 8.250 1,614.72 335,000.00 LONG BRANCH NJ 07740 1 09/28/89 00 508291 01 11/01/89 0 508291 O 10/01/19 0 1492347 F45/F45 F 299,900.00 ZZ MANGONE JESSE G 360 274,617.00 1 477 OCEAN AVE UNIT B-3 8.000 2,200.56 77 7.750 2,200.56 390,000.00 LONG BRANCH NJ 07740 1 06/22/90 00 508655 01 08/01/90 0 508655 O 07/01/20 0 1492348 F45/F45 F 246,500.00 ZZ MOCARSKI JOYCE 360 231,807.76 1 477 OCEAN AVE UNIT E3 8.000 1,808.73 71 7.750 1,808.73 350,000.00 LONG BRANCH NJ 07740 1 06/29/90 00 508663 01 08/01/90 0 508663 O 07/01/20 0 1492349 F45/F45 F 298,053.62 ZZ RAUCH ALAN 347 287,520.86 1 105 LEABROOK LANE 8.500 2,310.77 75 8.250 2,310.77 400,000.00 PRINCETON NJ 08540 1 07/29/92 00 509265 05 09/01/92 0 509265 O 07/01/21 0 1492350 F45/F45 F 249,437.72 ZZ ROSENSTRACH JORDAN 354 239,973.89 1 1 25 HILLYER LANE 8.625 1,947.12 75 8.375 1,947.12 334,000.00 MIDDLETOWN NJ 07748 1 02/19/92 00 509331 05 04/01/92 0 509331 O 09/01/21 0 1492351 F45/F45 F 228,000.00 T FENSTER SAUL K 360 197,780.98 1 477 OCEAN AVE UNIT B2 8.000 1,672.99 79 7.750 1,672.99 290,000.00 LONG BRANCH NJ 07740 1 08/13/91 00 509380 01 10/01/91 0 509380 O 09/01/21 0 1492352 F45/F45 F 236,000.00 T SMITH CLIFTON L 360 225,508.08 1 477 OCEAN AVENUE UNIT G3 8.000 1,731.69 80 7.750 1,731.69 295,000.00 LONG BRANCH NJ 07740 1 09/30/91 00 509497 01 11/01/91 0 509497 O 10/01/21 0 1492353 F45/F45 F 249,900.00 ZZ CALCARA EPIFANIO 360 241,270.44 1 38 CANTERBURY PLACE 8.625 1,943.70 80 8.375 1,943.70 313,000.00 CRANFORD NJ 07016 2 03/13/92 00 509828 05 05/01/92 0 509828 O 04/01/22 0 1492354 F45/F45 F 225,000.00 ZZ SHAPSON JAY 334 221,053.98 1 247 SWEETMANS LANE 8.500 1,760.39 36 8.250 1,760.39 630,000.00 MILLSTONE TOWNS NJ 07726 2 07/27/94 00 510131 05 08/01/94 0 510131 O 05/01/22 0 1492355 F45/F45 F 239,114.57 ZZ WAREIKIS ALBERT 180 220,196.77 1 3502 WINDSOR ROAD 7.875 2,267.88 77 7.625 2,267.88 312,000.00 WALL TOWNSHIP NJ 07719 1 04/18/94 00 511931 05 05/01/94 0 1 511931 O 04/01/09 0 1492356 F45/F45 F 242,467.39 ZZ MESSINA PHILIP J 294 229,208.92 1 6 ROUND HILL 9.250 2,087.37 45 9.000 2,087.37 550,000.00 HOLMDEL NJ 07733 1 08/20/86 00 512871 05 04/01/92 0 512871 O 09/01/16 0 1492357 F45/F45 F 313,169.88 ZZ LAWES ANN M 335 299,704.12 1 12 RIVERSIDE DRIVE 8.625 2,475.68 54 8.375 2,475.68 585,000.00 RUMSON NJ 07760 1 03/05/92 00 513507 05 04/01/92 0 513507 O 02/01/20 0 1492358 F45/F45 F 32,000.00 ZZ BARON IRWIN 300 1,613.05 1 HEYWARD HILLS DRIVE 7.500 236.48 60 7.250 236.48 53,400.00 HOLMDEL NJ 07733 1 11/17/71 00 513622 05 01/01/72 0 513622 O 12/01/96 0 1492359 F45/F45 F 21,000.00 ZZ MAGNENAT GEORGE 300 3,705.25 1 1 SUNNYBROOK PLACE 7.500 155.19 70 7.250 155.19 30,000.00 MATAWAN NJ 07747 1 07/26/73 00 513754 05 09/01/73 0 513754 O 08/01/98 0 1492360 F45/F45 F 125,600.00 ZZ IUNI VITO F 360 124,601.74 1 2024 70TH STREET 8.250 943.59 79 8.000 943.59 160,000.00 BROOKLYN NY 11204 1 04/24/95 00 519710 07 06/01/95 0 519710 O 05/01/25 0 1 1492361 F45/F45 F 250,000.00 ZZ WETTEN ROBERT E 360 248,157.15 1 44 TAXTER ROAD 8.625 1,944.47 75 8.375 1,944.47 335,000.00 IRVINGTON NY 10533 1 04/25/95 00 519975 05 06/01/95 0 519975 O 05/01/25 0 1492362 F45/F45 F 113,000.00 ZZ SALERNO GERALD 360 111,885.24 1 296 EAST MAIN STREE 8.750 888.97 91 8.500 888.97 125,000.00 ROCKAWAY NJ 07866 1 04/25/95 10 520056 05 06/01/95 25 520056 O 05/01/25 0 1492363 F45/F45 F 240,000.00 ZZ FARRELL THOMAS D 360 238,360.39 1 49 GROVE STREET 9.000 1,931.09 80 8.750 1,931.09 300,000.00 GARDEN CITY NY 11530 1 04/26/95 00 520247 05 06/01/95 0 520247 O 05/01/25 0 1492364 F45/F45 F 238,000.00 ZZ MCCREADY, JR. FRED P 360 236,060.65 1 8 DIANAS CIRCLE 8.125 1,767.14 51 7.875 1,767.14 469,000.00 ROSLYN ESTATES NY 11576 1 04/27/95 00 520387 05 06/01/95 0 520387 O 05/01/25 0 1492365 F45/F45 F 225,000.00 ZZ NIZZO JAMES 360 223,382.71 1 14 MONTEREY DRIVE 8.750 1,770.08 54 8.500 1,770.08 420,000.00 MANHASSET HILLS NY 11040 1 04/27/95 00 520528 05 06/01/95 0 520528 O 05/01/25 0 1492366 F45/F45 F 221,600.00 ZZ GELLER WILLIAM G 360 220,047.04 1 43 ROUTE 116 8.875 1,763.15 80 8.625 1,763.15 280,000.00 1 SOMERS NY 10578 1 04/28/95 00 520544 05 06/01/95 0 520544 O 05/01/25 0 1492367 F45/F45 F 319,500.00 ZZ COMO KELLIE T 360 317,930.20 1 1116 HUNTER AVENUE 7.875 2,316.60 90 7.625 2,316.60 355,000.00 PELHAM MANOR NY 10803 1 08/29/95 10 520650 05 11/01/95 17 520650 O 10/01/25 0 1492369 F45/F45 F 424,000.00 ZZ DIRVIN DAVID V 360 419,876.01 1 11 SHADBUSH LANE 8.750 3,335.61 80 8.500 3,335.61 530,000.00 DARIEN CT 06820 1 12/15/94 00 522524 05 02/01/95 0 522524 O 01/01/25 0 1492371 F45/F45 F 303,200.00 ZZ MARUM SCOTT J 360 300,192.33 1 8 BRADWAHL DRIVE 8.875 2,412.40 79 8.625 2,412.40 385,000.00 MORRIS TOWNSHIP NJ 07960 1 12/23/94 00 523522 05 02/01/95 0 523522 O 01/01/25 0 1492372 F45/F45 F 300,000.00 ZZ HASSIN MICHAEL D 360 297,205.26 1 2371 HALYARD DRIVE 8.625 2,333.37 58 8.375 2,333.37 520,000.00 MERRICK NY 11566 1 01/09/95 00 524942 05 03/01/95 0 524942 O 02/01/25 0 1492373 F45/F45 F 260,000.00 ZZ CERPA ROBERT 360 255,563.98 1 29 PLMOUTH DR SOUTH 8.750 2,045.42 80 8.500 2,045.42 325,000.00 GLEN HEAD NY 11545 1 01/11/95 00 525154 05 03/01/95 0 525154 O 02/01/25 0 1 1492374 F45/F45 F 130,000.00 ZZ BIDEAUX ROBERT 360 129,798.59 1 227 DANIEL ROAD NORTH 7.250 886.83 72 7.000 886.83 183,000.00 MASSAPEQUA NY 11758 1 02/26/96 00 525667 05 05/01/96 0 525667 O 04/01/26 0 1492375 F45/F45 F 350,000.00 ZZ GRUNZWEIG MILTON J 360 349,478.88 1 6 WHITE DRIVE 7.500 2,447.25 77 7.250 2,447.25 455,000.00 CEDARHURST NY 11516 1 02/21/96 00 526004 05 04/01/96 0 526004 O 03/01/26 0 1492376 F45/F45 F 250,000.00 ZZ OBST MEL 360 246,679.10 1 75 ELM RIDGE ROAD 8.875 1,989.11 56 8.625 1,989.11 450,000.00 HOPEWELL NJ 08540 5 01/30/95 00 528182 05 04/01/95 0 528182 O 03/01/25 0 1492377 F45/F45 F 188,000.00 ZZ MINKOFF STEVEN 360 187,713.02 1 27 DONALD PLACE 7.375 1,298.47 79 7.125 1,298.47 240,000.00 STATEN ISLAND NY 10310 1 02/15/96 00 529875 05 04/01/96 0 529875 O 03/01/26 0 1492378 F45/F45 F 210,000.00 ZZ BUCKLEY BRUCE B 360 208,397.04 1 277 CREST DRIVE 9.250 1,727.62 80 9.000 1,727.62 262,500.00 TARRYTOWN NY 10591 1 02/15/95 00 530006 05 04/01/95 0 530006 O 03/01/25 0 1492379 F45/F45 F 210,000.00 ZZ SCOURAS HARRY 360 208,313.36 1 1 214 FAIRVIEW AVENUE 9.000 1,689.71 78 8.750 1,689.71 270,000.00 LONG VALLEY NJ 07853 1 02/16/95 00 530220 05 04/01/95 0 530220 O 03/01/25 0 1492380 F45/F45 F 356,000.00 ZZ ESPIRITO SANTO R 360 352,984.73 1 6 WHITE PLAINS ROAD 8.875 2,832.50 78 8.625 2,832.50 460,000.00 BRONXVILLE NY 10708 1 02/27/95 00 531020 05 04/01/95 0 531020 O 03/01/25 0 1492382 F45/F45 F 335,000.00 ZZ GARAN ARED 360 326,734.30 1 10 WESTERLY LANE SOUTH 9.000 2,695.49 89 8.750 2,695.49 380,000.00 THORNWOOD NY 10594 1 03/09/95 10 532192 05 05/01/95 25 532192 O 04/01/25 0 1492384 F45/F45 F 250,000.00 ZZ SCANLON JAMES 360 247,945.31 1 5 FOX WOOD LANE 8.500 1,922.28 61 8.250 1,922.28 415,000.00 MOUNT PLEASANT NY 10594 1 03/24/95 00 533703 05 05/01/95 0 533703 O 04/01/25 0 1492385 F45/F45 F 165,000.00 ZZ XELAS PETER G 360 163,835.14 1 28-30 200TH ST. 9.250 1,357.41 79 9.000 1,357.41 211,000.00 BAYSIDE NY 11360 1 03/30/95 00 533729 05 05/01/95 0 533729 O 04/01/25 0 1492386 F45/F45 F 98,550.00 ZZ JASPER AUBREY J 360 98,115.17 1 9 E HERITAGE DRIVE 7.625 697.53 80 7.375 697.53 124,000.00 NEW CITY NY 10956 2 10/26/95 00 533885 01 12/01/95 0 1 533885 O 11/01/25 0 1492387 F45/F45 F 275,000.00 ZZ LANZONE JOHN A 360 273,008.26 1 4 KENWORTH ROAD 9.125 2,237.49 64 8.875 2,237.49 435,000.00 PORT WASHINGTON NY 11050 1 03/28/95 00 534263 05 05/01/95 0 534263 O 04/01/25 0 1492388 F45/F45 F 239,200.00 ZZ HRIVNAK STEVEN 360 237,282.84 1 58 COLONIAL DRIVE 8.625 1,860.47 55 8.375 1,860.47 435,000.00 HUNTINGTON NY 11743 1 03/28/95 00 534370 05 05/01/95 0 534370 O 04/01/25 0 1492389 F45/F45 F 300,000.00 ZZ MASCH ROBERT B 360 297,471.74 1 63 KENT DRIVE 8.375 2,280.22 75 8.125 2,280.22 400,000.00 CORTLANDT MANOR NY 10566 1 03/28/95 00 534412 05 05/01/95 0 534412 O 04/01/25 0 1492390 F45/F45 F 230,000.00 ZZ CAMEROTA MICHAEL 360 228,202.44 1 76 ALKAMONT AVENUE 8.750 1,809.41 80 8.500 1,809.41 290,000.00 SCARSDALE NY 10583 1 03/30/95 00 534685 05 05/01/95 0 534685 O 04/01/25 0 1492391 F45/F45 F 325,100.00 ZZ DICKER ADRIAN J 360 322,147.97 1 7 CHAUCER COURT 8.000 2,385.47 80 7.750 2,385.47 410,000.00 WEST WINDSOR NJ 08550 1 03/30/95 00 534701 05 05/01/95 0 534701 O 04/01/25 0 1 1492392 F45/F45 F 337,600.00 ZZ MCCONKEY JAMES 360 335,351.66 1 47 SALEM RD 9.125 2,746.82 80 8.875 2,746.82 422,000.00 WESTON CT 10013 1 04/03/95 00 535153 05 06/01/95 0 535153 O 05/01/25 0 1492393 F45/F45 F 324,000.00 ZZ KLEIN KENNETH S 360 321,868.90 1 635 WINDING RIVER ROAD 8.250 2,434.10 80 8.000 2,434.10 408,500.00 BRICK NJ 08724 1 06/30/95 00 622092 05 08/01/95 0 622092 O 07/01/25 0 1492394 F45/F45 F 240,000.00 ZZ LETSCHER WILLIAM 360 238,305.57 1 47 ALLEN STREET 9.250 1,974.42 80 9.000 1,974.42 300,000.00 DOBBS FERRY NY 10522 1 05/02/95 00 637587 05 07/01/95 0 637587 O 06/01/25 0 1492395 F45/F45 F 242,400.00 ZZ MAURER BRUCE R 360 239,512.61 1 45 CUMMINGS ROAD 8.000 1,778.65 80 7.750 1,778.65 303,000.00 SOUTH BRUNSWICK NJ 08852 1 05/01/95 00 638106 05 07/01/95 0 638106 O 06/01/25 0 1492396 F45/F45 F 320,000.00 ZZ WICKS STEPHEN M 360 317,952.06 1 2 CEDAR LANE 8.875 2,546.06 80 8.625 2,546.06 405,000.00 LLOYDS NECK NY 11743 1 05/05/95 00 638148 05 07/01/95 0 638148 O 06/01/25 0 1492397 F45/F45 F 350,000.00 ZZ PATERNITI NAN 360 347,816.35 1 115 OLD TURNPIKE ROAD 9.000 2,816.18 27 8.750 2,816.18 1,300,000.00 1 TEWKSBURY NJ 08858 5 05/05/95 00 638205 05 07/01/95 0 638205 O 06/01/25 0 1492399 F45/F45 F 115,000.00 ZZ HYDE ROBERT J 360 114,709.59 1 2 PRESTON LANE 7.250 784.50 57 7.000 784.50 205,000.00 SYOSSET NY 11791 1 01/16/96 00 63875 05 03/01/96 0 63875 O 02/01/26 0 1492401 F45/F45 F 77,700.00 ZZ HOCKENBURY ALLEN D 360 77,149.76 1 17 CALIFORNIA DRIVE 8.375 590.58 78 8.125 590.58 100,000.00 JACKSON NJ 08527 1 05/10/95 00 638882 05 07/01/95 0 638882 O 06/01/25 0 1492402 F45/F45 F 125,000.00 ZZ FEUER ALAN B 360 124,136.92 1 28 GARNET LANE 8.500 961.14 62 8.250 961.14 203,000.00 PLANVIEW NY 11803 5 05/11/95 00 639021 05 07/01/95 0 639021 O 06/01/25 0 1492404 F45/F45 F 115,000.00 ZZ MIGLIARESE MARC A 360 114,054.82 1 62 OAKLAND DRIVE 7.625 813.96 66 7.375 813.96 175,000.00 TRUMBULL CT 06611 1 05/15/95 00 639732 05 07/01/95 0 639732 O 06/01/25 0 1492405 F45/F45 F 350,000.00 ZZ HIRSCHHORN DAVID B 360 347,521.77 1 138 GOOD HILL ROAD 8.375 2,660.25 78 8.125 2,660.25 450,000.00 WESTON CT 06883 1 05/16/95 00 639914 05 07/01/95 0 639914 O 06/01/25 0 1 1492406 F45/F45 F 115,000.00 ZZ GIORGIO STEFANO R 360 114,122.33 2 1619 72ND STREET 8.000 843.83 79 7.750 843.83 146,000.00 BROOKLYN NY 11204 1 05/16/95 00 639930 05 07/01/95 0 639930 O 06/01/25 0 1492407 F45/F45 F 119,000.00 T BELLIFEMINE MORRIS 360 118,198.79 1 22 MARINA KEY 8.625 925.57 70 8.375 925.57 171,000.00 SECAUCUS NJ 07094 1 05/18/95 00 640292 01 07/01/95 0 640292 O 06/01/25 0 1492408 F45/F45 F 350,000.00 ZZ CHIMON MORRIS 360 347,261.81 1 2 LIVENGOOD COURT 7.875 2,537.74 79 7.625 2,537.74 445,000.00 WOODBURY NY 11797 1 05/18/95 00 640359 05 07/01/95 0 640359 O 06/01/25 0 1492409 F45/F45 F 232,600.00 ZZ PERRONE JOSEPH J 360 231,033.92 1 988 MARCEL ROAD 8.625 1,809.14 88 8.375 1,809.14 265,000.00 BALDWIN NY 11510 1 05/19/95 10 640375 05 07/01/95 25 640375 O 06/01/25 0 1492410 F45/F45 F 258,750.00 ZZ CROCETTI EMIDIO M 360 256,775.22 1 569 CALEDONIA ROAD 8.000 1,898.62 75 7.750 1,898.62 345,000.00 DIX HILLS NY 11746 5 05/18/95 00 640441 05 07/01/95 0 640441 O 06/01/25 0 1492411 F45/F45 F 224,000.00 ZZ PELOSI RANDOLPH 360 222,529.51 1 1 4 CASTLE COURT 8.750 1,762.21 80 8.500 1,762.21 280,000.00 NESCONSET NY 11767 1 05/19/95 00 640466 05 07/01/95 0 640466 O 06/01/25 0 1492412 F45/F45 F 235,000.00 ZZ THOMPSON TOBJY T 360 233,206.50 1 220 FLETCHER STREET 8.000 1,724.35 68 7.750 1,724.35 350,000.00 EDISON NJ 08820 1 05/25/95 00 640474 05 07/01/95 0 640474 O 06/01/25 0 1492413 F45/F45 F 417,900.00 ZZ MODICA JOSEPH 360 414,789.05 1 11 PLAIN VIEW 8.125 3,102.90 71 7.875 3,102.90 595,000.00 ARDSLEY NY 10502 1 05/19/95 00 640524 05 07/01/95 0 640524 O 06/01/25 0 1492416 F45/F45 F 230,000.00 ZZ HOCHBERG LYNN C 360 228,371.39 1 3 BENJAMIN LANE 8.375 1,748.17 75 8.125 1,748.17 310,000.00 CORTLANDT NY 10566 1 05/19/95 00 640698 05 07/01/95 0 640698 O 06/01/25 0 1492417 F45/F45 F 140,000.00 ZZ BARAN RONALD 240 137,273.15 1 6 PEARL AVENUE 8.000 1,171.02 86 7.750 1,171.02 164,000.00 PEQUANNOCK NJ 07444 1 05/19/95 04 640722 05 07/01/95 12 640722 O 06/01/15 0 1492418 F45/F45 F 268,000.00 ZZ SIMON JEFFREY B 360 264,629.41 1 210 SOMERSET DRIVE 7.750 1,919.98 80 7.500 1,919.98 335,000.00 HEWLETT NY 11557 1 05/22/95 00 640813 05 07/01/95 0 1 640813 O 06/01/25 0 1492419 F45/F45 F 135,000.00 ZZ CARROLL ROBERT P 360 134,067.88 1 585 PARKER AVENUE 8.500 1,038.03 87 8.250 1,038.03 156,000.00 LEVITTOWN NY 11756 1 05/25/95 04 641563 05 07/01/95 25 641563 O 06/01/25 0 1492420 F45/F45 F 450,000.00 ZZ ALTSCHULER JEFFREY I 360 446,460.89 1 15 PEMBROKE ROAD 8.000 3,301.94 36 7.750 3,301.94 1,275,000.00 SUMMIT NJ 07901 1 05/25/95 00 641613 05 07/01/95 0 641613 O 06/01/25 0 1492421 F45/F45 F 290,000.00 ZZ GELLERMAN KENNETH 360 285,570.45 1 42 GEDNEY PARK DRIVE 8.125 2,153.24 73 7.875 2,153.24 400,000.00 WHITE PLAINS NY 10605 1 05/25/95 00 641712 05 07/01/95 0 641712 O 06/01/25 0 1492422 F45/F45 F 400,000.00 ZZ MANDELBAUM KENNETH A 360 397,095.77 1 9 SHORE EDGE LANE 8.250 3,005.07 23 SHORT HILLS 8.000 3,005.07 1,800,000.00 MILLBURN NJ 07078 1 05/25/95 00 641944 05 07/01/95 0 641944 O 06/01/25 0 1492423 F45/F45 F 291,900.00 ZZ WEINTRAUB NANCY E 360 289,521.38 1 124 SAXON WAY 8.125 2,167.35 80 7.875 2,167.35 365,000.00 MONTGOMERY NJ 08502 1 05/26/95 00 642132 05 07/01/95 0 642132 O 06/01/25 0 1 1492424 F45/F45 F 309,000.00 ZZ COHEN IRVING 360 306,460.27 1 4 DEBRA COURT 7.625 2,187.08 58 7.375 2,187.08 540,000.00 MARLBORO NJ 07746 1 05/26/95 00 642215 05 07/01/95 0 642215 O 06/01/25 0 1492425 F45/F45 F 425,000.00 ZZ SESSA JR JOHN V 360 421,874.95 1 24 SUNSET COURT 8.750 3,343.48 66 8.500 3,343.48 650,000.00 MONTVILLE NJ 07045 5 05/26/95 00 642322 05 08/01/95 0 642322 O 07/01/25 0 1492426 F45/F45 F 129,200.00 ZZ MONIELLO ANTHONY 360 128,330.17 1 307 BAYSIDE EAST PA 8.625 1,004.90 79 8.375 1,004.90 165,000.00 FORKED RIVER NJ 08759 1 05/30/95 00 642629 05 07/01/95 0 642629 O 06/01/25 0 1492427 F45/F45 F 325,000.00 ZZ GAZZOLA DANIEL 360 322,663.92 1 35 CEDARFIELD ROAD 8.750 2,556.78 44 8.500 2,556.78 750,000.00 LAUREL HOLLOW NY 11791 1 04/26/95 00 642744 05 06/01/95 0 642744 O 05/01/25 0 1492428 F45/F45 F 241,000.00 ZZ ZIS THOMAS G 360 239,248.78 1 2 NEVINS COURT 7.750 1,726.55 80 7.500 1,726.55 302,000.00 HILLSBOROUGH NJ 08502 2 05/30/95 00 642751 05 08/01/95 0 642751 O 07/01/25 0 1492429 F45/F45 F 285,750.00 ZZ LIEBERMAN IRA S 360 283,636.01 1 14 CRIMSON LANE 8.375 2,171.91 80 8.125 2,171.91 360,000.00 1 FREEHOLD NJ 07728 1 05/30/95 00 642769 05 07/01/95 0 642769 O 06/01/25 0 1492430 F45/F45 F 250,000.00 ZZ STORCH MARC I 360 248,139.00 1 40 SULLIVAN WAY 8.125 1,856.24 68 1502 BLDG 75 7.875 1,856.24 370,000.00 HIGHLAND PARK NJ 08904 1 05/30/95 00 642850 05 07/01/95 0 642850 O 06/01/25 0 1492431 F45/F45 F 229,500.00 ZZ LOPEZ JOSE D 360 227,993.40 1 143-53 QUINCE AVENUE 8.750 1,805.48 89 8.500 1,805.48 258,000.00 FLUSHING NY 11355 1 05/30/95 10 642868 05 07/01/95 25 642868 O 06/01/25 0 1492432 F45/F45 F 238,000.00 ZZ SMYTH GREGORY P 360 232,382.09 1 31 TRESCOTT PATH 7.625 1,684.55 80 7.375 1,684.55 298,000.00 FORT SALONGA NY 11768 1 05/30/95 00 642876 05 07/01/95 0 642876 O 06/01/25 0 1492433 F45/F45 F 305,000.00 ZZ KELLER WILLIAM G 360 302,494.77 1 225 CLIFF AVENUE 7.125 2,054.84 51 6.875 2,054.84 605,000.00 PELHAM NY 10803 1 06/22/95 00 643114 05 08/01/95 0 643114 O 07/01/25 0 1492434 F45/F45 F 48,000.00 ZZ MURRAY VICTORIA 360 47,676.82 1 NO 9-10-17 RR NO 3 8.625 373.34 48 8.375 373.34 102,000.00 DYBERRY TOWNSHI PA 18431 1 05/31/95 00 643221 05 07/01/95 0 643221 O 06/01/25 0 1 1492435 F45/F45 F 208,000.00 ZZ DELA MERCED ERNESTO M 360 206,527.22 1 7 BENNINGTON ROAD 8.375 1,580.95 75 8.125 1,580.95 278,000.00 CLINTON NJ 08809 1 05/31/95 00 643346 05 07/01/95 0 643346 O 06/01/25 0 1492436 F45/F45 F 276,000.00 T MCCREERY DAVID A 360 274,261.23 1 31 HARBOR HILL LANE 8.625 2,146.70 80 8.375 2,146.70 345,000.00 EAST HAMPTON NY 11937 1 06/01/95 00 643429 05 08/01/95 0 643429 O 07/01/25 0 1492437 F45/F45 F 600,000.00 ZZ SHANGOLD GARY A 360 595,640.07 1 14 HILLVIEW DRIVE 7.750 4,298.47 69 7.500 4,298.47 875,000.00 TEWKSBURY TWNSH NJ 07830 5 06/02/95 00 643585 05 08/01/95 0 643585 O 07/01/25 0 1492438 F45/F45 F 227,200.00 ZZ DEVITA JR FRANK 360 225,670.27 1 134 JOY DRIVE 8.625 1,767.14 79 8.375 1,767.14 288,000.00 VALLEY COTTAGE NY 10989 1 05/01/95 00 643601 05 07/01/95 0 643601 O 06/01/25 0 1492440 F45/F45 F 216,000.00 ZZ ZACSEK JO A 360 214,125.86 1 15 LARCH DRIVE 8.500 1,660.85 80 8.250 1,660.85 273,000.00 CHESTER NJ 07930 1 06/01/95 00 643791 05 08/01/95 0 643791 O 07/01/25 0 1492442 F45/F45 F 264,000.00 ZZ ARZT DAVID 360 262,348.75 1 1 351 HIGHLAND AVENUE 8.500 2,029.93 79 8.250 2,029.93 337,000.00 MONTCLAIR NJ 07043 1 06/02/95 00 643957 05 08/01/95 0 643957 O 07/01/25 0 1492443 F45/F45 F 216,000.00 ZZ CHAPMAN KEVIN G 360 214,614.44 1 43 CARTWRIGHT DRIVE WEST 8.375 1,641.76 80 8.125 1,641.76 272,500.00 WEST WINDSOR NJ 08550 1 06/02/95 00 644211 03 08/01/95 0 644211 O 07/01/25 0 1492445 F45/F45 F 212,000.00 ZZ MESSECAR RAYMOND 360 210,707.13 1 161 GALLOWS HILL ROAD 8.625 1,648.91 80 8.375 1,648.91 266,000.00 REDDING CT 06896 1 06/08/95 00 644468 05 08/01/95 0 644468 O 07/01/25 0 1492446 F45/F45 F 440,000.00 ZZ ARMSTRONG PETER N 240 432,972.52 1 230 CENTRAL PARK WEST APT 6A 8.750 3,888.33 67 8.500 3,888.33 665,000.00 NEW YORK NY 10024 2 06/06/95 00 644534 10 08/01/95 0 644534 O 07/01/15 0 1492447 F45/F45 F 127,300.00 ZZ MORRISSEY THOMAS C 360 126,202.51 1 950 NEWARK AVENUE 6.875 836.27 91 LACEY TWNSHIP 6.625 836.27 140,000.00 FORKED RIVER NJ 08731 1 06/01/95 04 644559 05 08/01/95 30 644559 O 07/01/25 0 1492448 F45/F45 F 45,000.00 ZZ KARYOTAKIS LYDIA 360 44,667.73 1,396 249-22 5TH AVENUE UNIT 264 7.875 326.28 70 7.625 326.28 65,000.00 LITTLE NECK NY 11362 1 06/08/95 00 644674 12 08/01/95 0 1 644674 O 07/01/25 0 1492449 F45/F45 F 110,000.00 ZZ MAKIN CLAIRE 360 109,345.96 45 115 EAST 90TH STREET APT 1A 8.750 865.37 57 8.500 865.37 195,000.00 NEW YORK NY 10128 1 06/08/95 00 644682 12 08/01/95 0 644682 O 07/01/25 0 1492450 F45/F45 F 227,500.00 ZZ DEVILLAFRANCA RICHARD G 360 225,926.85 1 2903 CHEVERLY OAKS COURT 8.000 1,669.32 90 7.750 1,669.32 255,000.00 CHEVERLY MD 20785 2 06/29/95 01 647453 05 08/01/95 25 647453 O 07/01/25 0 1492452 F45/F45 F 248,650.00 ZZ PHILLIPS MICHAEL 360 246,947.03 1 14309 DUNWOOD VALLEY DRIVE 7.500 1,738.60 80 7.250 1,738.60 311,000.00 MITCHELLVILLE MD 20721 1 07/19/95 00 647743 05 09/01/95 0 647743 O 08/01/25 0 1492453 F45/F45 F 275,000.00 ZZ PATTERSON KENNETH E 360 273,116.59 1 12603 MISTY CREEK LANE 7.500 1,922.84 63 7.250 1,922.84 442,000.00 FAIRFAX VA 22033 2 07/18/95 00 647750 03 09/01/95 0 647750 O 08/01/25 0 1492454 F45/F45 F 310,000.00 ZZ OGLETREE WILLIAM M 360 307,715.12 1 9702 BRAIDED MANE COURT 7.125 2,088.53 76 6.875 2,088.53 412,000.00 FAIRFAX STATION VA 22039 1 07/24/95 00 647768 03 09/01/95 0 647768 O 08/01/25 0 1 1492455 F45/F45 F 256,500.00 ZZ STOLTZ WILLIAM E 360 254,948.33 1 9587 BURNT OAK DRIVE 8.125 1,904.51 90 7.875 1,904.51 285,000.00 FAIRFAX STATION VA 22039 2 07/20/95 01 647800 03 09/01/95 25 647800 O 08/01/25 0 1492456 F45/F45 F 289,900.00 ZZ LARSON LARS E 360 287,804.44 1 6416 JUMET COURT 7.250 1,977.63 75 7.000 1,977.63 389,900.00 FAIRFAX STATION VA 22039 1 07/31/95 00 647867 05 09/01/95 0 647867 O 08/01/25 0 1492457 F45/F45 F 240,000.00 ZZ MCGLAUGHLIN MICHAEL R 360 238,396.28 1 5540 MUNCASTER MILL ROAD 7.625 1,698.71 55 7.375 1,698.71 443,000.00 ROCKVILLE MD 20850 5 07/28/95 00 647883 05 09/01/95 0 647883 O 08/01/25 0 1492458 F45/F45 F 265,050.00 ZZ DUENAS JESSE R 360 263,278.91 1 727 26TH STREET SOUTH 7.625 1,876.01 95 7.375 1,876.01 279,000.00 ARLINGTON VA 22202 1 07/27/95 01 647958 05 09/01/95 30 647958 O 08/01/25 0 1492459 F45/F45 F 352,000.00 ZZ WEISS CAROL L 360 349,761.64 1 3 INDIAN RUN 7.875 2,552.25 80 7.625 2,552.25 440,000.00 LAWRENCEVILLE NJ 08648 1 08/01/95 00 647966 03 09/01/95 0 647966 O 08/01/25 0 1492460 F45/F45 F 324,000.00 ZZ RICHARDS ALLEN 360 321,780.95 1 6605 NORTH LEE HIGHWAY 7.500 2,265.46 90 7.250 2,265.46 360,000.00 1 ARLINGTON VA 22205 1 08/03/95 10 648063 05 09/01/95 25 648063 O 08/01/25 0 1492461 F45/F45 F 324,000.00 ZZ KELLY JAMES H 360 322,088.55 1 11499 SAINT DAVIDS LANE 8.250 2,434.11 80 8.000 2,434.11 410,000.00 LUTHERVILLE MD 21093 1 07/26/95 00 648089 03 09/01/95 0 648089 O 08/01/25 0 1492462 F45/F45 F 284,000.00 ZZ CANTRILL JESSE T 360 282,281.94 1 5617 MCLEAN DRIVE 8.125 2,108.70 79 7.875 2,108.70 362,000.00 BETHESDA MD 20816 1 07/31/95 00 648170 05 09/01/95 0 648170 O 08/01/25 0 1492463 F45/F45 F 300,000.00 ZZ FRIEDMAN BARUCH 360 297,945.31 1 3216 HUNTING TWEED DRIVE 7.500 2,097.65 67 7.250 2,097.65 450,000.00 OWINGS MILLS MD 21117 2 07/24/95 00 648279 05 09/01/95 0 648279 O 08/01/25 0 1492464 F45/F45 F 261,600.00 ZZ JOHNSON JANIS J 360 259,808.34 1 4107 25TH PLACE NORTH 7.500 1,829.15 80 7.250 1,829.15 327,000.00 ARLINGTON VA 22207 1 07/28/95 00 648303 05 09/01/95 0 648303 O 08/01/25 0 1492465 F45/F45 F 228,000.00 ZZ RE JOSEPH S 360 225,774.40 1 6502 FLOWER DEW HUNDRED CT 7.375 1,574.74 79 7.125 1,574.74 290,000.00 CENTREVILLE VA 22020 1 07/31/95 00 648329 05 09/01/95 0 648329 O 08/01/25 0 1 1492466 F45/F45 F 448,400.00 ZZ FLOYD WILLIAM R 360 445,470.99 1 1611 WHITE PINE DRIVE 7.125 3,020.96 78 6.875 3,020.96 575,000.00 VIENNA VA 22182 1 08/11/95 00 648444 05 10/01/95 0 648444 O 09/01/25 0 1492468 F45/F45 F 260,000.00 ZZ YEHOSHUA RAFAEL 360 258,246.51 1 40 NORTH ROAD 8.125 1,930.49 64 7.875 1,930.49 411,000.00 GREAT NECK NY 11024 1 06/07/95 00 654921 05 08/01/95 0 654921 O 07/01/25 0 1492469 F45/F45 F 225,000.00 ZZ WHITEHEAD ROBERT 360 223,282.47 1 46 NORTHFIELD ROAD 7.500 1,573.23 90 7.250 1,573.23 251,000.00 GLEN COVE NY 11542 1 06/08/95 10 654954 05 08/01/95 25 654954 O 07/01/25 0 1492470 F45/F45 F 220,000.00 ZZ GOLDSTEIN LEWIS 360 218,440.52 1 22 SOUTH OCEAN AVENUE 7.875 1,595.15 80 7.625 1,595.15 275,000.00 BAYPORT NY 11705 1 06/09/95 00 655456 05 08/01/95 0 655456 O 07/01/25 0 1492471 F45/F45 F 257,600.00 ZZ GAMBARDELLA THOMAS M 360 255,728.11 1 25 HABITAT LANE 7.750 1,845.48 72 7.500 1,845.48 360,000.00 CORTLANDT NY 10566 1 06/12/95 00 655522 05 08/01/95 0 655522 O 07/01/25 0 1492472 F45/F45 F 355,600.00 ZZ SHEAR JEFFREY 360 349,858.23 1 1 108 EUCLID AVENUE 8.125 2,640.32 80 7.875 2,640.32 445,000.00 ARDSLEY NY 10502 1 06/13/95 00 655746 05 08/01/95 0 655746 O 07/01/25 0 1492473 F45/F45 F 550,000.00 ZZ MANDELBAUM LAURENCE H 360 546,290.65 1 40-42 AFTERGLOW WAY 8.125 4,083.73 80 7.875 4,083.73 690,000.00 MONTCLAIR/VERON NJ 07042 1 06/15/95 00 655795 05 08/01/95 0 655795 O 07/01/25 0 1492474 F45/F45 F 245,600.00 ZZ DUFFY MATTHEW J 360 243,984.56 1 14 CLAYDON ROAD 8.250 1,845.11 80 8.000 1,845.11 307,000.00 GARDEN CITY NY 11530 1 06/13/95 00 655860 05 08/01/95 0 655860 O 07/01/25 0 1492475 F45/F45 F 303,700.00 ZZ AIESE ROBERT 360 301,381.67 1 130 WOODLANDS AVENUE 8.375 2,308.34 90 8.125 2,308.34 338,000.00 WHITE PLAINS NY 10607 1 06/14/95 10 655969 05 08/01/95 25 655969 O 07/01/25 0 1492476 F45/F45 F 200,000.00 ZZ BEZY MICHEL M 360 198,396.71 1 48 DEER HILL DRIVE 7.250 1,364.35 61 7.000 1,364.35 330,000.00 RIDGEFIELD CT 06877 1 06/14/95 00 656041 05 08/01/95 0 656041 O 07/01/25 0 1492477 F45/F45 F 327,250.00 ZZ SEQUEIRA RODRIGO 360 323,839.30 1 8 ARBOR LANE 7.750 2,344.46 84 7.500 2,344.46 391,500.00 DIX HILLS NY 11746 1 06/14/95 11 656066 05 08/01/95 12 1 656066 O 07/01/25 0 1492478 F45/F45 F 63,200.00 ZZ SCOTTO FRANCINE 360 62,729.23 1 91C NARROWS ROAD NORTH 7.625 447.33 64 7.375 447.33 100,000.00 STATEN ISLAND NY 10305 1 06/14/95 00 656090 01 08/01/95 0 656090 O 07/01/25 0 1492479 F45/F45 F 355,500.00 ZZ LUBIN ERIC A 360 352,979.97 1 58 FRANKLIN AVENUE 7.875 2,577.62 90 7.625 2,577.62 395,000.00 RYE NY 10580 1 06/15/95 10 656181 05 08/01/95 25 656181 O 07/01/25 0 1492480 F45/F45 F 285,000.00 ZZ MARSILLO ANTHONY 360 282,601.62 1 50 87TH STREET 7.000 1,896.11 76 6.750 1,896.11 375,000.00 BROOKLYN NY 11209 1 06/15/95 00 656496 05 08/01/95 0 656496 O 07/01/25 0 1492482 F45/F45 F 336,000.00 ZZ CONCIALDI JAMES 360 333,269.93 1 24 KENT DRIVE 8.000 2,465.45 76 7.750 2,465.45 445,000.00 CORTLANDT MANOR NY 10566 1 06/16/95 00 656660 05 08/01/95 0 656660 O 07/01/25 0 1492484 F45/F45 F 500,000.00 ZZ SUNA JONATHAN 360 496,542.69 1 18 YORK ROAD 8.000 3,668.82 67 7.750 3,668.82 750,000.00 LARCHMONT NY 10538 1 06/19/95 00 656959 05 08/01/95 0 656959 O 07/01/25 0 1 1492485 F45/F45 F 270,000.00 ZZ CAHILL MICHAEL J 360 268,038.06 1 137 CHARLES STREET 7.750 1,934.31 80 7.500 1,934.31 340,000.00 EAST WILLISTON NY 11596 1 06/19/95 00 656967 05 08/01/95 0 656967 O 07/01/25 0 1492486 F45/F45 F 116,250.00 ZZ CONLEY CHRISTOPH 360 115,522.91 94 39 EAST 12TH STREET APT 511 8.500 893.86 75 8.250 893.86 157,000.00 NEW YORK NY 10003 1 06/19/95 00 656983 11 08/01/95 0 656983 O 07/01/25 0 1492487 F45/F45 F 220,500.00 ZZ MCGUINNESS CLAUDIA 360 218,488.59 1 310 CENTRAL BLVD 7.750 1,579.69 90 7.500 1,579.69 245,000.00 NEW HYDE PARK NY 11040 1 06/21/95 10 657049 05 08/01/95 25 657049 O 07/01/25 0 1492488 F45/F45 F 288,750.00 ZZ LOHSE JOHN M 360 286,703.10 1 43 KETCHAM ROAD 7.875 2,093.64 89 7.625 2,093.64 325,000.00 MONTGOMERY NJ 08502 1 06/16/95 10 657148 03 08/01/95 30 657148 O 07/01/25 0 1492489 F45/F45 F 155,000.00 ZZ SIMONOFSKY ROBERT S 360 153,802.54 1 8 APPLETREE DRIVE 7.500 1,083.78 49 7.250 1,083.78 317,000.00 CLINTON TOWNSHI NJ 08801 1 06/19/95 00 657221 05 08/01/95 0 657221 O 07/01/25 0 1492490 F45/F45 F 152,800.00 ZZ MACDONALD JEFF S 240 143,508.12 1 9 WAYNE AVENUE 8.250 1,301.96 80 8.000 1,301.96 191,000.00 1 PISCATAWAY NJ 08854 1 06/19/95 00 657247 05 08/01/95 0 657247 O 07/01/15 0 1492491 F45/F45 F 360,000.00 ZZ DELASHO GAIL 360 357,572.05 1 60 MIDDLE PATENT ROAD 8.125 2,672.99 69 7.875 2,672.99 528,000.00 NORTH CASTLE NY 10504 1 06/20/95 00 657338 05 08/01/95 0 657338 O 07/01/25 0 1492492 F45/F45 F 216,000.00 ZZ GAILING DAVID K 360 214,506.44 1 220-60 77TH AVENUE 8.000 1,584.93 80 7.750 1,584.93 270,000.00 BAYSIDE NY 11364 1 06/20/95 00 657353 05 08/01/95 0 657353 O 07/01/25 0 1492493 F45/F45 F 268,000.00 ZZ GOLDSTEIN BRUCE 360 266,100.17 1 47 ORCHARD COURT 7.875 1,943.19 52 7.625 1,943.19 518,000.00 WOODBURY NY 11797 1 06/20/95 00 657437 05 08/01/95 0 657437 O 07/01/25 0 1492494 F45/F45 F 192,000.00 ZZ WURDEMANN ARDETH 360 190,569.99 1 166 EAST KITCHELL LAKE ROAD 7.625 1,358.96 80 7.375 1,358.96 240,000.00 WEST MILFORD NJ 07480 1 06/20/95 00 657544 05 08/01/95 0 657544 O 07/01/25 0 1492495 F45/F45 F 212,850.00 ZZ RATNER PHILIP 360 211,584.44 1 130 SEWARD AVENUE 8.750 1,674.49 92 8.500 1,674.49 233,500.00 MINEOLA NY 11501 1 06/26/95 10 657585 05 08/01/95 30 657585 O 07/01/25 0 1 1492496 F45/F45 F 275,000.00 T SALYGIN NATALIA 360 273,406.00 1 717 OCEAN AVE UNIT 610 8.875 2,188.02 70 8.625 2,188.02 393,000.00 LONG BRANCH NJ 07740 1 06/26/95 00 657692 01 08/01/95 0 657692 O 07/01/25 0 1492497 F45/F45 F 40,000.00 ZZ SCHREIBER LISA M 360 39,730.22 122 83-60 118TH STREET APT 11G 8.125 297.00 73 7.875 297.00 55,000.00 KEW GARDEN NY 11415 1 06/27/95 00 657866 10 08/01/95 0 657866 O 07/01/25 0 1492498 F45/F45 F 220,000.00 ZZ AYZENBERG ALEXANDER 360 217,051.32 1 2809 LEN DRIVE 7.750 1,576.11 69 7.500 1,576.11 320,000.00 SOUTH BELLMORE NY 11710 1 06/27/95 00 657874 05 08/01/95 0 657874 O 07/01/25 0 1492499 F45/F45 F 230,000.00 ZZ ANDERSON NANCY A 360 228,409.61 1 818 HAMPTON COURT 8.000 1,687.66 89 7.750 1,687.66 260,000.00 WESTBURY NY 11590 1 06/21/95 04 658096 05 08/01/95 25 658096 O 07/01/25 0 1492500 F45/F45 F 244,000.00 ZZ MINOGUE JOHN 360 242,337.19 1 2178 MEROKEE DRIVE 8.250 1,833.09 80 8.000 1,833.09 305,000.00 MERRICK NY 11566 1 06/21/95 00 658211 05 08/01/95 0 658211 O 07/01/25 0 1492501 F45/F45 F 253,000.00 ZZ HAYES S L 360 251,377.16 1 1 947 ROUTE 9W 8.375 1,922.98 71 8.125 1,922.98 361,000.00 UPPER GRANDVIEW NY 10960 1 06/22/95 00 658369 05 08/01/95 0 658369 O 07/01/25 0 1492502 F45/F45 F 127,250.00 ZZ PAWLOWSKI MARK 360 125,847.22 1 18 CURLEY STREET 7.125 857.31 67 6.875 857.31 190,000.00 LONG BEACH NY 11561 1 06/22/95 00 658435 05 08/01/95 0 658435 O 07/01/25 0 1492503 F45/F45 F 228,000.00 ZZ NELSON ROY G 360 226,609.52 1 128 KAMDA BOULEVARD 8.625 1,773.36 94 8.375 1,773.36 243,000.00 NEW HYDE PARK NY 11041 1 06/23/95 10 658682 05 08/01/95 30 658682 O 07/01/25 0 1492504 F45/F45 F 256,800.00 ZZ KELLY PAUL 360 254,791.06 1 90 RIDGEVIEW DRIVE 7.375 1,773.65 80 7.125 1,773.65 325,000.00 MONTGOMERY TWNS NJ 08502 1 06/22/95 00 658765 05 08/01/95 0 658765 O 07/01/25 0 1492505 F45/F45 F 45,000.00 ZZ MASTERSON SUSAN 360 44,696.54 210 505 EAST 79TH ST APT 5-H 8.125 334.12 75 7.875 334.12 60,000.00 NEW YORK NY 10021 1 06/23/95 00 658898 10 08/01/95 0 658898 O 07/01/25 0 1492506 F45/F45 F 213,750.00 ZZ BOCCIA RAYMOND 360 212,077.78 1 27 STEERS AVENUE 7.375 1,476.32 73 7.125 1,476.32 295,000.00 NORTHPORT NY 11768 1 06/23/95 00 658930 05 08/01/95 0 1 658930 O 07/01/25 0 1492507 F45/F45 F 275,000.00 ZZ DRIVAS ELIAS 360 273,001.73 1 17 BEECHWOOD DRIVE 7.750 1,970.13 79 7.500 1,970.13 350,000.00 GLEN HEAD NY 11545 1 06/23/95 00 659151 05 08/01/95 0 659151 O 07/01/25 0 1492508 F45/F45 F 265,000.00 ZZ GOETHALS ROBERT K 360 263,074.37 1 3 MARK PLACE 7.750 1,898.49 80 7.500 1,898.49 332,000.00 CORTLANDT NY 10566 1 06/26/95 00 659342 05 08/01/95 0 659342 O 07/01/25 0 1492509 F45/F45 F 219,000.00 ZZ EDDI JOSEPH 360 216,354.77 1 14 OLD QUEENS COURT 8.375 1,664.56 72 8.125 1,664.56 305,000.00 EATONTOWN NJ 07724 1 06/27/95 00 659706 05 08/01/95 0 659706 O 07/01/25 0 1492510 F45/F45 F 568,000.00 ZZ SNEDEKER ROBERT 360 563,914.42 1 138 COLONIAL PARKWAY 7.250 3,874.76 80 7.000 3,874.76 713,000.00 MANHASSET NY 11030 1 07/07/95 00 659854 05 09/01/95 0 659854 O 08/01/25 0 1492511 F45/F45 F 650,000.00 ZZ MOELIS RONALD 360 645,108.69 1 9 REBEAU DRIVE 7.625 4,600.66 36 7.375 4,600.66 1,850,000.00 LARCHMONT NY 10538 1 06/27/95 00 659896 05 08/01/95 0 659896 O 07/01/25 0 1 1492512 F45/F45 F 234,000.00 ZZ RUBIN WAYNE L 360 232,299.67 1 1022 LOFT ROAD 7.750 1,676.40 80 7.500 1,676.40 295,000.00 WOODMERE NY 11598 1 06/28/95 00 659995 05 08/01/95 0 659995 O 07/01/25 0 1492513 F45/F45 F 170,000.00 ZZ SPEISER CINDY 360 168,853.42 161 400 EAST 77TH STREET, APT 16K 8.125 1,262.25 71 7.875 1,262.25 240,000.00 NEW YORK NY 10021 1 06/28/95 00 660134 10 08/01/95 0 660134 O 07/01/25 0 1492514 F45/F45 F 272,000.00 ZZ BECK BARRY 360 269,923.67 1 321 LINKS DRIVE WEST 7.500 1,901.86 80 7.250 1,901.86 340,000.00 OCEANSIDE NY 11572 1 06/28/95 00 660597 05 08/01/95 0 660597 O 07/01/25 0 1492515 F45/F45 F 260,000.00 ZZ ZAWESKI RICHARD S 360 258,015.21 1 66 SALEM RIDGE DRIVE 7.500 1,817.96 60 7.250 1,817.96 440,000.00 HUNTINGTON NY 11743 1 06/29/95 00 660779 05 08/01/95 0 660779 O 07/01/25 0 1492516 F45/F45 F 255,200.00 ZZ ALBERTI MARK J 360 252,094.25 1 9 ARBOR LANE 7.750 1,828.28 80 7.500 1,828.28 320,000.00 HOLMES NY 10512 1 06/29/95 00 660860 05 08/01/95 0 660860 O 07/01/25 0 1492517 F45/F45 F 234,000.00 ZZ GOSKO JR GEORGE K 360 232,299.67 1 402 NORTH CHESTNUT STREET 7.750 1,676.40 89 7.500 1,676.40 264,000.00 1 WESTFIELD NJ 07090 1 06/29/95 01 661157 05 08/01/95 25 661157 O 07/01/25 0 1492518 F45/F45 F 137,000.00 ZZ KONIUCH PETER A 240 134,339.47 1 42 JASMINE LANE 7.125 1,072.46 70 6.875 1,072.46 198,000.00 KINGS PARK NY 11754 1 06/29/95 00 661215 05 08/01/95 0 661215 O 07/01/15 0 1492519 F45/F45 F 407,500.00 ZZ GREENSTEIN STANLEY 360 404,496.55 1 3 TALLEYRAND DRIVE 7.125 2,745.40 64 6.875 2,745.40 645,000.00 COLTS NECK NJ 07722 2 07/13/95 00 661249 05 09/01/95 0 661249 O 08/01/25 0 1492520 F45/F45 F 220,000.00 ZZ MURPHY ERIC J 360 218,361.36 1 1600 TEMPLE DRIVE 7.625 1,557.15 80 7.375 1,557.15 275,000.00 WANTAGH NY 11793 1 06/29/95 00 661314 05 08/01/95 0 661314 O 07/01/25 0 1492521 F45/F45 F 900,000.00 ZZ MACDONALD BONNIE J 360 892,959.19 1 49 WHITE FALLS LANE 7.375 6,216.08 70 7.125 6,216.08 1,300,000.00 NEW CANAAN CT 06840 1 06/30/95 00 661520 05 08/01/95 0 661520 O 07/01/25 0 1492522 F45/F45 F 264,800.00 ZZ HARMAN ALICE 360 263,014.12 1 61 MEADOW WAY 8.125 1,966.13 80 7.875 1,966.13 331,000.00 IRVINGTON NY 10533 1 06/30/95 00 661546 05 08/01/95 0 661546 O 07/01/25 0 1 1492523 F45/F45 F 345,000.00 ZZ MARCUS ELYNNE 360 342,554.38 1 67 TALCOTT ROAD 7.875 2,501.49 89 7.625 2,501.49 390,000.00 RYE BROOK NY 10573 1 06/01/95 14 661652 05 08/01/95 25 661652 O 07/01/25 0 1492524 F45/F45 F 496,000.00 ZZ LONDON ALEXANDER 360 492,119.71 1 40 WILLIS LANE 7.375 3,425.75 80 7.125 3,425.75 620,000.00 MUTTONTOWN NY 11791 1 06/30/95 00 661751 05 08/01/95 0 661751 O 07/01/25 0 1492525 F45/F45 F 220,000.00 ZZ CHINSEE NGALAI 360 218,278.86 1 34 GINNIE LANE 7.375 1,519.49 68 7.125 1,519.49 325,000.00 WEST WINDSOR NJ 08691 1 06/29/95 00 661884 03 08/01/95 0 661884 O 07/01/25 0 1492526 F45/F45 F 113,600.00 ZZ MIDDLEMAN JEFFREY D 360 112,802.61 333 2 TUDOR CITY PLACE APT 10JN 7.375 784.61 79 7.125 784.61 145,000.00 NEW YORK NY 10017 1 07/05/95 00 662262 11 09/01/95 0 662262 O 08/01/25 0 1492527 F45/F45 F 283,050.00 ZZ SANDORA DANIEL 360 281,140.99 1 64 PACE DRIVE SOUTH 8.125 2,101.64 90 7.875 2,101.64 315,000.00 WEST ISLIP NY 11795 1 06/30/95 10 662353 05 08/01/95 25 662353 O 07/01/25 0 1492528 F45/F45 F 271,200.00 ZZ BROWER BRIAN S 360 269,517.93 1 1 136 KENILWORTH ROAD 8.000 1,989.97 79 7.750 1,989.97 344,000.00 MOUNTAIN LAKES NJ 07046 1 07/05/95 00 662361 05 09/01/95 0 662361 O 08/01/25 0 1492529 F45/F45 F 244,600.00 ZZ GUJA GARY 360 243,082.88 1 372 NORTH DRIVE 8.000 1,794.79 86 7.750 1,794.79 285,000.00 MATTITUCK NY 11952 1 07/05/95 11 662411 05 09/01/95 30 662411 O 08/01/25 0 1492530 F45/F45 F 150,000.00 ZZ TOOHIG GREGORY 360 148,997.71 1 1551 WALES AVENUE 7.625 1,061.69 94 7.375 1,061.69 160,000.00 BALDWIN NY 11510 1 07/05/95 14 662452 05 09/01/95 30 662452 O 08/01/25 0 1492531 F45/F45 F 245,000.00 ZZ HIGHLAND A C 360 243,442.07 1 1335 BOLTON ROAD 7.875 1,776.42 53 7.625 1,776.42 465,000.00 PELHAM NY 10803 1 07/05/95 00 662478 05 09/01/95 0 662478 O 08/01/25 0 1492532 F45/F45 F 266,850.00 ZZ POHL MARK R 360 265,153.11 1 169 ARBOR CREST 7.875 1,934.85 90 7.625 1,934.85 299,000.00 SOMERS NY 10589 1 07/06/95 11 662551 05 09/01/95 25 662551 O 08/01/25 0 1492533 F45/F45 F 220,000.00 ZZ SKERRY BRUCE R 360 217,773.62 1 8 PARK HILL TERRACE 7.500 1,538.27 80 7.250 1,538.27 275,000.00 DOBBS FERRY NY 10522 1 07/05/95 00 662601 05 09/01/95 0 1 662601 O 08/01/25 0 1492534 F45/F45 F 220,800.00 ZZ CLARK JOHN M 360 219,360.64 1 2 MEMORY LANE 7.750 1,581.84 80 7.500 1,581.84 276,000.00 MAHOPAC NY 10541 1 07/27/95 00 662718 05 09/01/95 0 662718 O 08/01/25 0 1492535 F45/F45 F 389,200.00 ZZ FRIEDMAN LAURENCE M 360 386,845.62 1 24 TALL PINES LANE 8.125 2,889.80 80 7.875 2,889.80 490,000.00 MT KISCO NY 10549 1 07/06/95 00 662759 05 09/01/95 0 662759 O 08/01/25 0 1492536 F45/F45 F 464,000.00 ZZ BERWICK SARAH 360 460,822.13 1 27 BROOKLAWN DRIVE 7.500 3,244.36 79 7.250 3,244.36 590,000.00 MILLBURN NJ 07041 1 07/06/95 00 663062 05 09/01/95 0 663062 O 08/01/25 0 1492541 F45/F45 F 298,335.29 ZZ SEEGMILLER RAY 336 297,566.06 1 5524 WOODWAY 8.000 2,227.84 50 7.750 2,227.84 600,000.00 HOUSTON TX 77056 2 01/29/96 00 665646 05 03/01/96 0 665646 O 02/01/24 0 1492543 F45/F45 F 261,186.41 ZZ GREEN STUART 348 260,306.43 1 9 SANDS COURT 8.500 2,023.59 77 8.250 2,023.59 340,000.00 PORT WASHINGTON NY 11050 1 11/01/95 00 665877 01 01/01/96 0 665877 O 12/01/24 0 1 1492545 F45/F45 F 465,075.97 ZZ ABINADER,JR JEAN 349 461,529.00 1 6908 OAKRIDGE AVENUE 8.500 3,600.90 79 8.250 3,600.90 589,000.00 CHEVY CHASE MD 20815 1 08/01/95 00 666537 05 09/01/95 0 666537 O 09/01/24 0 1492547 F45/F45 F 356,492.91 ZZ GILL RAE F 349 354,316.79 1 109 MARLBOROUGH ST UNITS 1 & 2 8.500 2,760.18 47 8.250 2,760.18 760,000.00 BOSTON MA 02116 5 08/01/95 00 668087 01 09/01/95 0 668087 O 09/01/24 0 1492548 F45/F45 F 327,970.74 ZZ KATOS MICHAEL J 349 320,627.43 1 11 MARTIN COURT 8.500 2,539.35 80 8.250 2,539.35 413,900.00 HOUSTON TX 77055 1 12/04/95 00 668236 03 01/01/96 0 668236 O 01/01/25 0 1492553 F45/F45 F 214,109.23 ZZ FARRAR STEPHEN A 336 213,177.81 1 149 NORTH STREET 8.625 1,691.38 78 8.375 1,691.38 275,000.00 MEDFIELD MA 02052 2 10/06/95 00 669499 05 12/01/95 0 669499 O 11/01/23 0 1492554 F45/F45 F 289,410.26 ZZ ANDERSON WILLIAM 337 288,348.42 1 1521 PALOS VERDE COURT 8.500 2,259.37 88 8.250 2,259.37 329,900.00 EL DORADO HILLS CA 95762 1 10/24/95 10 669721 05 01/01/96 17 669721 O 01/01/24 0 1492555 F45/F45 F 207,848.64 ZZ EVANS LONDON M 347 206,734.69 1 16735 WEST 2ND AVENUE 8.625 1,629.69 77 8.375 1,629.69 270,000.00 1 GOLDEN CO 80401 1 08/02/95 00 669945 03 10/01/95 0 669945 O 08/01/24 0 1492556 F45/F45 F 246,938.68 ZZ HIGGS JR OWEN J 324 245,757.59 1 6621 STONINGTON DRIVE NORTH 8.625 1,968.21 75 8.375 1,968.21 330,000.00 TAMPA FL 33647 5 10/06/95 00 670083 05 12/01/95 0 670083 O 11/01/22 0 1492557 F45/F45 F 312,758.79 ZZ ROBINSON RANDALL M 312 310,951.24 1 7573 ALASKA AVE NW 9.000 2,598.16 63 8.750 2,598.16 500,000.00 WASHINGTON DC 20012 5 09/11/95 00 670703 05 11/01/95 0 670703 O 10/01/21 0 1492558 F45/F45 F 297,699.76 ZZ PROANO AUGUSTO 312 296,098.97 1 7705 SE MAPLE AVENUE 8.500 2,370.82 75 8.250 2,370.82 400,000.00 VANCOUVER WA 98664 1 10/26/95 00 674168 05 12/01/95 0 674168 O 11/01/21 0 1492560 F45/F45 F 628,346.33 ZZ GOUVION WAYNE A 313 624,381.44 1 106 DIAMOND AVENUE 8.500 4,999.65 67 8.250 4,999.65 940,000.00 NEWPORT BEACH CA 92662 2 11/01/95 00 674358 05 12/01/95 0 674358 O 12/01/21 0 1492561 F45/F45 F 241,777.00 ZZ RAY LOUIS H 313 240,885.81 1 6100 BEECH TREE DRIVE 8.250 1,882.73 69 8.000 1,882.73 355,000.00 ALEXANDRIA VA 22310 5 01/03/96 00 674572 05 02/01/96 0 674572 O 02/01/22 0 1 1492562 F45/F45 F 228,936.39 ZZ DEBLOIS MARK H 337 227,752.56 1 4 OLDFIELD DRIVE 8.500 1,787.27 50 8.250 1,787.27 465,000.00 SHERBORN MA 01770 2 10/06/95 00 675686 05 11/01/95 0 675686 O 11/01/23 0 1492563 F45/F45 F 282,796.63 ZZ LOEB ANDREW G 338 281,497.18 1 6255 HURD COURT 8.250 2,157.11 78 8.000 2,157.11 365,500.00 SAN DIEGO CA 92122 1 10/24/95 00 675918 05 12/01/95 0 675918 O 01/01/24 0 1492564 F45/F45 F 768,019.86 ZZ MAYO-ALVAREZ RICARDO 316 764,275.53 1 13050 MAR STREET 8.000 5,834.88 64 7.750 5,834.88 1,200,000.00 CORAL GABLES FL 33156 1 01/23/96 00 676635 05 03/01/96 0 676635 O 06/01/22 0 1492566 F45/F45 F 218,980.59 ZZ TANG BENNY B 312 217,715.04 1 11910 MAYFIELD AVENUE UNIT301 9.000 1,819.12 86 8.750 1,819.12 255,000.00 LOS ANGELES CA 90049 1 09/11/95 11 677047 01 11/01/95 25 677047 O 10/01/21 0 1492567 F45/F45 F 186,877.03 ZZ PAWSON VALERIE L 324 184,919.32 1 196 ELIOT STREET 8.625 1,489.50 60 8.375 1,489.50 315,000.00 SOUTH NATICK MA 01760 1 08/14/95 00 677377 05 10/01/95 0 677377 O 09/01/22 0 1492568 F45/F45 F 737,394.91 ZZ SEVERSON ROGERS A 321 735,399.23 1 1 602 FAIRWAY ROAD 8.000 5,576.78 37 7.750 5,576.78 2,000,000.00 SUN VALLEY ID 83353 2 01/29/96 00 677815 05 03/01/96 0 677815 O 11/01/22 0 1492574 F45/F45 F 270,561.32 ZZ KRESBACH MICHAEL J 325 268,570.64 1 748 PARKSIDE CIRCLE 8.500 2,131.47 78 8.250 2,131.47 350,000.00 BOCA RATON FL 33486 1 08/09/95 00 679639 03 09/01/95 0 679639 O 09/01/22 0 1492576 F45/F45 F 225,250.00 ZZ MCNAMARA KEVIN T 360 210,212.67 1 1744 DANIEL COURT 8.125 1,672.47 85 7.875 1,672.47 265,000.00 WALL NJ 07719 1 07/06/95 10 681403 05 09/01/95 12 681403 O 08/01/25 0 1492577 F45/F45 F 350,000.00 ZZ SPINELLI JR SALVATORE 360 347,602.95 1 7 DEBRA COURT 7.500 2,447.25 65 7.250 2,447.25 545,000.00 MARLBORO NJ 07746 1 07/07/95 00 681585 05 09/01/95 0 681585 O 08/01/25 0 1492578 F45/F45 F 262,000.00 ZZ HABERLY STEVEN D 360 260,160.99 1 530H SCHWENK MILL ROAD 7.375 1,809.57 68 7.125 1,809.57 389,400.00 HILLTOWN PA 18944 1 07/07/95 00 681619 05 09/01/95 0 681619 O 08/01/25 0 1492579 F45/F45 F 320,000.00 ZZ BERNER BERNARD B 360 318,015.20 1 191 SOUTH BROADWAY 8.000 2,348.05 75 7.750 2,348.05 430,000.00 HASTINGS ON HUD NY 10706 1 07/10/95 00 681742 05 09/01/95 0 1 681742 O 08/01/25 0 1492581 F45/F45 F 360,000.00 ZZ FISCHER RICHARD 360 357,710.80 1 601 FORT HILL ROAD 7.875 2,610.25 77 7.625 2,610.25 470,000.00 SCARSDALE NY 10583 1 07/11/95 00 682880 05 09/01/95 0 682880 O 08/01/25 0 1492582 F45/F45 F 220,000.00 ZZ KIERNAN KEVIN 360 217,637.62 1 12 LAFAYETTE AVENUE APT 26E 7.875 1,595.15 79 7.625 1,595.15 280,000.00 SEA CLIFF NY 11579 1 07/11/95 00 682971 05 09/01/95 0 682971 O 08/01/25 0 1492583 F45/F45 F 336,000.00 ZZ ALPERN SPENSER J 360 334,067.10 1 275 W 96TH STREET APT 2GE 8.375 2,553.84 80 8.125 2,553.84 420,000.00 NEW YORK NY 10025 1 07/11/95 00 683102 01 09/01/95 0 683102 O 08/01/25 0 1492584 F45/F45 F 247,000.00 ZZ KUKER KEVIN L 360 245,134.69 1 3 MINSI ROAD 7.000 1,643.30 89 6.750 1,643.30 280,000.00 READINGTON NJ 08870 1 07/12/95 10 683219 05 09/01/95 25 683219 O 08/01/25 0 1492585 F45/F45 F 300,000.00 ZZ BENSON DONALD L 360 295,889.19 1 37 GREENBRIAR DRIVE 7.250 2,046.53 73 7.000 2,046.53 415,000.00 MT PLEASANT NY 10514 1 07/12/95 00 683375 05 09/01/95 0 683375 O 08/01/25 0 1 1492586 F45/F45 F 145,600.00 ZZ DEMICCO MARK 360 144,696.96 1 7 DAIRY FARM ROAD 8.000 1,068.36 80 7.750 1,068.36 183,000.00 STONY BROOK NY 11790 1 07/13/95 00 683599 05 09/01/95 0 683599 O 08/01/25 0 1492587 F45/F45 F 410,000.00 ZZ FERRARO JOSEPH 360 407,327.34 1 4 KNOLL ROAD 7.750 2,937.29 62 7.500 2,937.29 665,000.00 SANDS POINT NY 11050 1 07/13/95 00 683649 05 09/01/95 0 683649 O 08/01/25 0 1492588 F45/F45 F 225,000.00 ZZ GINDI MICHAEL E 360 223,341.60 1 7 ALBA LANE 7.125 1,515.87 59 6.875 1,515.87 385,000.00 WEST LONG BRANC NJ 07764 1 07/13/95 00 683672 05 09/01/95 0 683672 O 08/01/25 0 1492589 F45/F45 F 344,000.00 ZZ OLIVEIRA JOAO 360 342,015.81 1 3 DEERFIELD LANE 8.250 2,584.36 77 8.000 2,584.36 450,000.00 MAMARONECK NY 10543 1 08/07/95 00 683763 05 10/01/95 0 683763 O 09/01/25 0 1492590 F45/F45 F 400,000.00 ZZ KONNER KEVAH 360 397,122.78 1 88 OLD FARM ROAD 7.250 2,728.71 62 7.000 2,728.71 650,000.00 CHAPPAQUA NY 10514 1 07/14/95 00 684050 05 09/01/95 0 684050 O 08/01/25 0 1492591 F45/F45 F 240,000.00 ZZ O'NEILL PATRICIA 360 238,548.21 1 15 HARBOUR POINT DRIVE 8.125 1,781.99 63 7.875 1,781.99 387,000.00 1 NORTHPORT NY 11768 1 07/14/95 00 684142 01 09/01/95 0 684142 O 08/01/25 0 1492592 F45/F45 F 216,000.00 ZZ VALDEZ ROBERTO 360 214,660.30 1 30 OSSMAN DRIVE 8.000 1,584.93 80 7.750 1,584.93 270,000.00 POMONA NY 10970 1 07/14/95 00 684274 05 09/01/95 0 684274 O 08/01/25 0 1492593 F45/F45 F 460,000.00 ZZ MANDELBAUM MICHAEL 360 456,926.29 1 730 FLOYD STREET 7.625 3,255.85 80 7.375 3,255.85 579,000.00 ENGLEWOOD CLIFF NJ 07632 1 07/14/95 00 684472 05 09/01/95 0 684472 O 08/01/25 0 1492594 F45/F45 F 285,000.00 ZZ SPINELLI LEONARD 360 283,048.12 1 8 EVAN DRIVE 7.500 1,992.76 67 7.250 1,992.76 430,000.00 MARLBORO NJ 07746 1 07/14/95 00 684480 05 09/01/95 0 684480 O 08/01/25 0 1492595 F45/F45 F 392,100.00 ZZ VOLLARO FRANK P 360 389,480.00 1 322 MOCKINGBIRD LANE 7.625 2,775.26 78 7.375 2,775.26 503,000.00 MARLBORO NJ 07751 1 07/19/95 00 684993 05 09/01/95 0 684993 O 08/01/25 0 1492596 F45/F45 F 735,000.00 ZZ KEY NIGEL R 360 729,582.69 1 120 WESTERN DRIVE 7.125 4,951.83 63 6.875 4,951.83 1,175,000.00 MILLBURN NJ 07078 1 07/18/95 00 685115 05 09/01/95 0 685115 O 08/01/25 0 1 1492597 F45/F45 F 217,600.00 ZZ SALMINEN NEAL A 360 216,250.38 1 12 WEST OXFORD STREET 8.000 1,596.67 80 7.750 1,596.67 273,000.00 VALHALLA NY 10595 1 07/18/95 00 685180 05 09/01/95 0 685180 O 08/01/25 0 1492598 F45/F45 F 270,000.00 ZZ HAMROFF MICHAEL 360 267,372.68 1 10 MERYL LANE 7.625 1,911.04 64 7.375 1,911.04 425,000.00 GREAT NECK NY 11024 1 07/18/95 00 685214 05 09/01/95 0 685214 O 08/01/25 0 1492599 F45/F45 F 60,000.00 ZZ STRAZZANTI ALEX 360 59,557.79 1 56 B TIMBER PARK DRIVE 7.125 404.23 40 6.875 404.23 153,000.00 HOLTSVILLE NY 11742 1 07/18/95 00 685321 01 09/01/95 0 685321 O 08/01/25 0 1492600 F45/F45 F 250,000.00 ZZ HAND DAVID J 360 248,124.73 1 11 MCFADDEN DRIVE 7.750 1,791.03 77 7.500 1,791.03 325,000.00 WILTON CT 06897 1 07/18/95 00 685362 05 09/01/95 0 685362 O 08/01/25 0 1492601 F45/F45 F 235,000.00 ZZ EDELMAN SCOTT 360 233,468.09 1 19 YATES LANE 7.750 1,683.57 71 7.500 1,683.57 335,000.00 JERICHO NY 11753 1 07/19/95 00 685412 05 09/01/95 0 685412 O 08/01/25 0 1492602 F45/F45 F 240,000.00 ZZ PINS PAUL 360 236,577.69 1 1 3 LOWELL DRIVE 7.125 1,616.92 80 6.875 1,616.92 300,000.00 NEW CITY NY 10956 1 07/18/95 00 685420 05 09/01/95 0 685420 O 08/01/25 0 1492603 F45/F45 F 276,000.00 ZZ BERMAN HOWARD 360 274,288.14 1 36 ROGER DRIVE 8.000 2,025.19 80 7.750 2,025.19 345,000.00 PORT WASHINGTON NY 11050 1 07/18/95 00 685461 05 09/01/95 0 685461 O 08/01/25 0 1492604 F45/F45 F 225,000.00 ZZ FRIEDEL MITCHELL N 360 223,496.51 1 29 SECOR ROAD 7.625 1,592.54 70 7.375 1,592.54 325,000.00 SCARSDALE NY 10583 1 07/19/95 00 685685 05 09/01/95 0 685685 O 08/01/25 0 1492605 F45/F45 F 235,200.00 ZZ TENORE PETER 360 232,300.60 1 86 CORALYN AVENUE 8.000 1,725.81 80 7.750 1,725.81 294,000.00 WHITE PLAINS NY 10605 1 07/19/95 00 685750 05 09/01/95 0 685750 O 08/01/25 0 1492606 F45/F45 F 271,800.00 ZZ PEAN PIERRE M 360 270,275.36 1 176-09 DALNY ROAD 8.500 2,089.91 88 AKA DALNY PLACE 8.250 2,089.91 311,000.00 JAMAICA ESTATES NY 11435 1 07/20/95 01 685834 05 09/01/95 25 685834 O 08/01/25 0 1492607 F45/F45 F 270,000.00 ZZ SCANLAN BRIAN D 360 268,407.16 1 51 RAVINE AVENUE 8.250 2,028.42 72 8.000 2,028.42 378,000.00 WYCKOFF NJ 07481 1 07/20/95 00 685917 05 09/01/95 0 1 685917 O 08/01/25 0 1492608 F45/F45 F 473,650.00 ZZ TSENG YEN H 360 470,712.23 1 3 FORD LANE 8.000 3,475.48 79 7.750 3,475.48 600,000.00 GREENWICH CT 06870 1 07/19/95 00 686055 05 09/01/95 0 686055 O 08/01/25 0 1492609 F45/F45 F 284,800.00 ZZ ZELEZNIK MICHAEL 360 283,202.43 1 35 AMSTERDAM COURT 8.500 2,189.87 80 8.250 2,189.87 356,000.00 FREEHOLD NJ 07728 2 07/24/95 00 686121 05 09/01/95 0 686121 O 08/01/25 0 1492610 F45/F45 F 475,000.00 ZZ ARNOLD THOMAS E 360 469,885.80 1 48 QUAKER BRIDGE ROAD 7.875 3,444.08 68 7.625 3,444.08 700,000.00 NEW CASTLE NY 10520 1 07/20/95 00 686360 05 09/01/95 0 686360 O 08/01/25 0 1492611 F45/F45 F 271,500.00 ZZ CAMPBELL RICHARD 360 269,640.55 1 146 OLIVER ROAD 7.500 1,898.37 73 7.250 1,898.37 372,000.00 BEDFORD NY 10506 1 07/20/95 00 686394 05 09/01/95 0 686394 O 08/01/25 0 1492612 F45/F45 F 232,000.00 ZZ LEVY PAUL 360 230,487.63 1 30 ASH DRIVE 7.750 1,662.08 40 7.500 1,662.08 586,000.00 EAST HILLS NY 11576 1 07/20/95 00 686402 05 09/01/95 0 686402 O 08/01/25 0 1 1492614 F45/F45 F 252,000.00 ZZ ALBERT JED 360 250,187.43 1 5 PEMBURY COURT 7.250 1,719.08 87 7.000 1,719.08 290,000.00 MELVILLE NY 11747 1 07/21/95 10 686576 05 09/01/95 25 686576 O 08/01/25 0 1492615 F45/F45 F 325,000.00 ZZ HONIG SAMUEL 360 322,933.33 1 9 DEERFIELD ROAD 7.875 2,356.48 42 7.625 2,356.48 790,000.00 CHAPPAQUA NY 10514 1 07/21/95 00 686600 05 09/01/95 0 686600 O 08/01/25 0 1492616 F45/F45 F 50,000.00 ZZ BUSCH STUART H 360 49,719.52 260 61 JANE STREET, APT 6R 8.500 384.46 62 8.250 384.46 81,000.00 NEW YORK NY 10014 1 07/24/95 00 686881 10 09/01/95 0 686881 O 08/01/25 0 1492617 F45/F45 F 244,000.00 ZZ CHAMBERS DANIEL J 360 242,486.60 1 755 FAIRMOUNT AVENUE 8.000 1,790.39 80 7.750 1,790.39 305,000.00 CHATHAM NJ 07928 1 07/24/95 00 686931 05 09/01/95 0 686931 O 08/01/25 0 1492618 F45/F45 F 270,400.00 ZZ MARTINI PHILIP M 360 268,580.57 1 4 EDGEHILL AVENUE 7.875 1,960.59 80 7.625 1,960.59 339,000.00 CHATHAM NJ 07928 1 07/24/95 00 687020 05 09/01/95 0 687020 O 08/01/25 0 1492620 F45/F45 F 280,000.00 ZZ BOHNENBERGER ROBERT W 360 278,174.80 1 15 WESTBURY AVENUE 7.750 2,005.95 80 7.500 2,005.95 350,000.00 1 STATEN ISLAND NY 10310 1 07/24/95 00 687129 05 09/01/95 0 687129 O 08/01/25 0 1492621 F45/F45 F 82,000.00 ZZ MCMAHON BARBARA J 360 81,516.24 96 425 EAST 85TH STREET APT 6E 8.250 616.04 79 8.000 616.04 105,000.00 NEW YORK NY 10028 1 07/24/95 00 687186 11 09/01/95 0 687186 O 08/01/25 0 1492622 F45/F45 F 270,400.00 ZZ DECRESIE EILEEN F 360 269,056.59 1 38 TWIN LAKES ROAD 8.500 2,079.14 80 8.250 2,079.14 340,000.00 SOUTH SALEM NY 10590 1 08/09/95 00 687293 05 10/01/95 0 687293 O 09/01/25 0 1492623 F45/F45 F 300,000.00 ZZ NAIDUS DOUG W 360 297,894.26 1 UNIT 3Z 225 WEST 83RD STREET 7.375 2,072.03 80 7.125 2,072.03 375,000.00 NEW YORK NY 10024 1 07/25/95 00 687368 01 09/01/95 0 687368 O 08/01/25 0 1492624 F45/F45 F 77,500.00 ZZ SOHA, JR JOHN P 360 77,042.81 1 24 STATE STREET 8.250 582.23 45 8.000 582.23 175,000.00 MAHWAH NJ 07430 1 07/25/95 00 687491 05 09/01/95 0 687491 O 08/01/25 0 1492625 F45/F45 F 87,000.00 ZZ GREIDER SCOTT 360 86,512.04 59 250 W 15TH STREET APT 1F 8.500 668.95 75 8.250 668.95 117,000.00 NY NY 10011 1 07/25/95 00 687525 11 09/01/95 0 687525 O 08/01/25 0 1 1492626 F45/F45 F 200,000.00 ZZ ROZELL PATRICIA L 360 198,849.49 1 2340 BLUE SPRUCE DR 8.375 1,520.14 42 8.125 1,520.14 480,000.00 YORKTOWN HEIGHT NY 10598 2 07/25/95 00 687533 05 09/01/95 0 687533 O 08/01/25 0 1492627 F45/F45 F 175,000.00 ZZ ONDERDONK JOHN A 360 174,085.47 76 136 WAVERLY PLACE APT 6A 8.250 1,314.72 69 8.000 1,314.72 255,000.00 NEW YORK NY 10014 2 08/11/95 00 687608 12 10/01/95 0 687608 O 09/01/25 0 1492628 F45/F45 F 278,550.00 ZZ MCCORMACK SEAN M 360 275,372.74 1 58 ELIZABETH STREET 7.875 2,019.68 89 7.625 2,019.68 315,000.00 BERNARDS NJ 07920 1 07/25/95 01 687616 05 09/01/95 25 687616 O 08/01/25 0 1492629 F45/F45 F 340,000.00 ZZ GLAZIER MICHAEL A 360 337,554.39 1 10 WINSLOW ROAD 7.250 2,319.40 74 7.000 2,319.40 465,000.00 WESTON CT 06883 1 07/26/95 00 687632 05 09/01/95 0 687632 O 08/01/25 0 1492630 F45/F45 F 52,000.00 ZZ DORFF NORMAN 360 51,715.62 259 115 EAST 9TH STREET, APT 8F 8.625 404.45 23 8.375 404.45 226,000.00 NEW YORK NY 10003 1 07/25/95 00 687681 12 09/01/95 0 687681 O 08/01/25 0 1492631 F45/F45 F 240,000.00 ZZ GARCEAU JEFFREY A 360 238,619.36 1 1 21 BROOK LANE 8.375 1,824.17 71 8.125 1,824.17 340,000.00 RYE BROOK NY 10573 1 07/26/95 00 687889 05 09/01/95 0 687889 O 08/01/25 0 1492632 F45/F45 F 212,000.00 ZZ CESARMAN ETHEL 360 210,685.11 1 820 PARK AVENUE 8.000 1,555.58 78 7.750 1,555.58 275,000.00 HOBOKEN NJ 07030 1 07/27/95 00 688051 07 09/01/95 0 688051 O 08/01/25 0 1492633 F45/F45 F 65,600.00 ZZ CHICOINE SUSAN A 360 65,183.21 52 150 WEST 55TH STREET APT 4E 8.125 487.08 73 7.875 487.08 90,000.00 NEW YORK NY 10019 1 07/27/95 00 688267 11 09/01/95 0 688267 O 08/01/25 0 1492634 F45/F45 F 256,000.00 ZZ O'CONOR ANDREW J 360 234,213.84 1 9 IRVING PLACE 8.250 1,923.24 79 8.000 1,923.24 325,000.00 IRVINGTON NY 10533 1 07/27/95 00 688309 05 09/01/95 0 688309 O 08/01/25 0 1492635 F45/F45 F 328,600.00 ZZ ZIKUSOKA AGGREY 360 326,349.50 1 108 S. LONGFELLOW DRIVE 7.500 2,297.62 80 7.250 2,297.62 415,000.00 WEST WINDSOR NJ 08550 1 07/27/95 00 688416 05 09/01/95 0 688416 O 08/01/25 0 1492637 F45/F45 F 650,000.00 ZZ IACONE JOHN 360 645,548.38 1 1 TALL OAK COURT 7.500 4,544.89 51 7.250 4,544.89 1,290,000.00 OYSTER BAY COVE NY 11771 1 07/27/95 00 688580 05 09/01/95 0 1 688580 O 08/01/25 0 1492638 F45/F45 F 219,400.00 ZZ BARTELS JEANNIE 360 218,132.82 1 46 WEBB AVE 7.750 1,571.81 72 7.500 1,571.81 306,000.00 STAMFORD CT 06902 2 07/31/95 00 689042 05 10/01/95 0 689042 O 09/01/25 0 1492639 F45/F45 F 256,500.00 ZZ LEW KENNETH 360 255,192.92 1 122 HUNTLEY DRIVE 8.375 1,949.59 95 8.125 1,949.59 270,000.00 ARDSLEY NY 10502 1 08/01/95 11 689091 05 10/01/95 30 689091 O 09/01/25 0 1492640 F45/F45 F 60,000.00 ZZ EMMI PATRICIA C 357 59,755.10 1 100 BARRAUD DR 8.125 446.38 31 7.875 446.38 199,000.00 PORT JEFFERSON NY 11776 1 12/04/95 00 689323 05 12/01/95 0 689323 O 08/01/25 0 1492641 F45/F45 F 218,800.00 ZZ SIDEBOTHAM JAMES M 360 217,373.71 100 415 EAST 85TH ST APT 2D/2E 7.750 1,567.51 80 7.500 1,567.51 275,000.00 NEW YORK NY 10028 1 07/28/95 00 689356 10 09/01/95 0 689356 O 08/01/25 0 1492642 F45/F45 F 250,000.00 ZZ WIESENECK TODD J 360 246,602.06 1 39 GREENVIEW WAY 7.375 1,726.69 65 7.125 1,726.69 385,000.00 MONTCLAIR NJ 07043 1 07/28/95 00 689752 05 09/01/95 0 689752 O 08/01/25 0 1 1492643 F45/F45 F 428,000.00 ZZ PERRETTI VINCENT 360 425,475.07 1 415 FAWNS RUN 8.250 3,215.42 80 8.000 3,215.42 535,000.00 MARLBORO NJ 07746 1 07/31/95 00 689893 05 09/01/95 0 689893 O 08/01/25 0 1492644 F45/F45 F 238,000.00 ZZ ZABRANSKY JAMES E 360 236,486.56 1 35 HENNESSY DRIVE 7.875 1,725.67 84 7.625 1,725.67 285,000.00 HUNTINGTON NY 11743 1 07/28/95 10 689927 05 09/01/95 25 689927 O 08/01/25 0 1492645 F45/F45 F 304,000.00 ZZ SAMUELS GENE 360 302,294.75 1 6 PICKERING PLACE 8.500 2,337.50 76 8.250 2,337.50 400,000.00 DIX HILLS NY 11746 1 07/31/95 00 689968 05 09/01/95 0 689968 O 08/01/25 0 1492646 F45/F45 F 300,000.00 ZZ CHAPMAN STEPHEN G 360 296,426.77 1 515 WESTCHESTER AVENUE 7.875 2,175.21 62 7.625 2,175.21 490,000.00 YONKERS NY 10707 1 07/31/95 00 690016 05 09/01/95 0 690016 O 08/01/25 0 1492647 F45/F45 F 492,000.00 ZZ GOLD DAVID 360 488,373.66 1 23 SKY VIEW DRIVE 7.125 3,314.70 80 6.875 3,314.70 615,000.00 ARMONK NY 10504 1 07/31/95 00 690024 05 09/01/95 0 690024 O 08/01/25 0 1492648 F45/F45 F 277,600.00 ZZ WALDEN SOLOMON 360 275,962.29 1 49 ROGER DRIVE 8.250 2,085.52 80 8.000 2,085.52 347,000.00 1 PORT WASHINGTON NY 11050 1 07/31/95 00 690180 05 09/01/95 0 690180 O 08/01/25 0 1492649 F45/F45 F 310,000.00 ZZ O'BRIEN FRANCIS J 360 308,028.72 38 119 EAST 84TH ST APT 7A 7.875 2,247.72 75 7.625 2,247.72 415,000.00 NEW YORK NY 10028 1 07/31/95 00 690313 12 09/01/95 0 690313 O 08/01/25 0 1492650 F45/F45 F 600,000.00 ZZ MURRAY A Q 360 595,577.72 1 55 SOUTHERN BOULEVARD 7.125 4,042.31 68 6.875 4,042.31 892,000.00 CHATHAM TOWNSHI NJ 07928 1 07/31/95 00 690727 05 09/01/95 0 690727 O 08/01/25 0 1492651 F45/F45 F 488,000.00 ZZ GUTTA JAYANTH K 360 485,250.76 1 15 CASTLE DRIVE 7.875 3,538.34 80 7.625 3,538.34 610,000.00 WOODBURY NY 11797 1 08/01/95 00 690867 05 10/01/95 0 690867 O 09/01/25 0 1492652 F45/F45 F 228,000.00 ZZ ROSSLAND JOHN 360 226,715.50 1 2 GREENWAY 7.875 1,653.16 80 7.625 1,653.16 285,000.00 ROSLYN NY 11576 2 08/01/95 00 690875 05 10/01/95 0 690875 O 09/01/25 0 1492653 F45/F45 F 320,000.00 ZZ GALLIVAN JOHN 360 315,459.23 1 23 LAWRENCE LANE 7.875 2,320.22 77 7.625 2,320.22 420,000.00 BAY SHORE NY 11706 1 08/04/95 00 690909 05 10/01/95 0 690909 O 09/01/25 0 1 1492654 F45/F45 F 580,000.00 ZZ BUFORD JR ROBERT S 360 576,891.90 1 54 JAFFRAY COURT 8.125 4,306.48 80 7.875 4,306.48 725,000.00 IRVINGTON NY 10533 2 08/01/95 00 690958 05 10/01/95 0 690958 O 09/01/25 0 1492655 F45/F45 F 430,000.00 ZZ GINGOLD ALYSSA 360 419,557.72 1 12 CLEARMEADOW LANE 8.250 3,230.45 62 8.000 3,230.45 700,000.00 WOODBURY NY 11797 1 08/01/95 00 691030 05 10/01/95 0 691030 O 09/01/25 0 1492656 F45/F45 F 418,400.00 ZZ MINTZ ALAN 360 416,101.00 1 23 BIRCH GROVE DRIVE 8.000 3,070.07 80 7.750 3,070.07 525,000.00 ARMONK NY 10514 1 08/01/95 00 691055 05 10/01/95 0 691055 O 09/01/25 0 1492657 F45/F45 F 224,000.00 ZZ CERIELLO JAMES P 360 222,706.30 1 25 HARRETON ROAD 7.750 1,604.76 80 7.500 1,604.76 280,000.00 ALLENDALE NJ 07401 1 08/02/95 00 691303 05 10/01/95 0 691303 O 09/01/25 0 1492658 F45/F45 F 325,000.00 ZZ BERMAN SCOTT 360 323,075.81 1 92 OAK HILL ROAD 7.625 2,300.33 65 7.375 2,300.33 500,000.00 CHAPPAQUA NY 10514 1 08/02/95 00 691410 05 10/01/95 0 691410 O 09/01/25 0 1492659 F45/F45 F 430,000.00 ZZ HOGAN KEVIN 360 427,637.24 1 1 7 HEATHER LANE 8.000 3,155.19 80 7.750 3,155.19 540,000.00 MUTTONTOWN NY 11753 1 08/02/95 00 691444 05 10/01/95 0 691444 O 09/01/25 0 1492661 F45/F45 F 60,000.00 ZZ FINIO MARTIN 360 59,653.33 5 17 WARREN STREET APT 5A 7.750 429.85 28 7.500 429.85 216,000.00 NEW YORK NY 10017 1 08/02/95 00 691485 12 10/01/95 0 691485 O 09/01/25 0 1492662 F45/F45 F 256,400.00 ZZ ROMEO RICHARD P 360 254,946.69 1 207 FOREST DRIVE 8.000 1,881.37 78 7.750 1,881.37 330,000.00 MOUNT KISCO NY 10549 1 08/02/95 00 691501 05 10/01/95 0 691501 O 09/01/25 0 1492663 F45/F45 F 312,500.00 ZZ KOREN PAUL M 360 310,825.41 45 APT 14C 45 EAST 72ND STREET 8.125 2,320.30 50 7.875 2,320.30 625,000.00 NEW YORK NY 10021 1 08/02/95 00 691519 12 10/01/95 0 691519 O 09/01/25 0 1492664 F45/F45 F 223,000.00 ZZ AZEVEDO JOSEPH 360 221,834.69 1 276 THOMAS STREET 8.250 1,675.32 80 8.000 1,675.32 279,000.00 STATEN ISLAND NY 10306 1 08/03/95 00 691535 05 10/01/95 0 691535 O 09/01/25 0 1492666 F45/F45 F 298,400.00 ZZ SILVER STANLEY 360 296,760.38 1 UNIT 22C 311 EAST 38TH STREET 8.000 2,189.55 80 7.750 2,189.55 373,000.00 NEW YORK NY 10016 1 08/03/95 00 691634 01 10/01/95 0 1 691634 O 09/01/25 0 1492667 F45/F45 F 519,200.00 ZZ BLUM MICHAEL 360 515,917.50 1 3 TODD LANE 8.375 3,946.30 80 8.125 3,946.30 650,000.00 SOMERS NY 10589 1 08/03/95 00 691659 05 10/01/95 0 691659 O 09/01/25 0 1492668 F45/F45 F 500,000.00 ZZ BAUM WILLIAM D 360 496,965.70 1 28 ORMOND PARK ROAD 7.500 3,496.07 56 7.250 3,496.07 905,000.00 BROOKVILLE NY 11545 1 08/03/95 00 691915 05 10/01/95 0 691915 O 09/01/25 0 1492669 F45/F45 F 460,000.00 ZZ DOOLEY PATRICK 360 457,408.51 1 7 BREVOORT LANE 7.875 3,335.32 80 7.625 3,335.32 575,000.00 RYE NY 10580 1 08/04/95 00 691931 05 10/01/95 0 691931 O 09/01/25 0 1492670 F45/F45 F 212,000.00 ZZ CROCKER HAROLD G 360 210,805.63 1 15 ROBINS WOOD LANE 7.875 1,537.15 80 7.625 1,537.15 265,000.00 SOUTH SALEM NY 10590 1 08/04/95 00 691949 05 10/01/95 0 691949 O 09/01/25 0 1492671 F45/F45 F 182,000.00 ZZ TANZI JOHN J 360 180,613.76 1 33 BENEDICT AVENUE 7.625 1,288.18 80 7.375 1,288.18 227,500.00 STATEN ISLAND NY 10314 1 08/04/95 00 692020 05 10/01/95 0 692020 O 09/01/25 0 1 1492672 F45/F45 F 282,000.00 ZZ PERGOLA RICHARD M 360 280,411.27 1 6 BRIARWOOD LANE 7.875 2,044.70 49 7.625 2,044.70 580,000.00 ORANGEBURG NY 10962 2 08/04/95 00 692053 05 10/01/95 0 692053 O 09/01/25 0 1492673 F45/F45 F 308,000.00 ZZ FRANK MICHAEL T 360 306,307.65 1 6 THORMAN LANE 8.000 2,259.99 79 7.750 2,259.99 390,000.00 HUNTINGTON NY 11743 1 08/04/95 00 692186 05 10/01/95 0 692186 O 09/01/25 0 1492674 F45/F45 F 124,000.00 ZZ ELY ONDINA M 360 123,228.70 34 350 EAST 57TH STREET APT 4A 7.375 856.44 40 7.125 856.44 315,000.00 NEW YORK NY 10022 1 08/07/95 00 692343 11 10/01/95 0 692343 O 09/01/25 0 1492675 F45/F45 F 210,000.00 ZZ BLYSKAL RONALD R 360 208,725.59 1 1627 CORNELIUS AVENUE 7.500 1,468.35 80 7.250 1,468.35 265,000.00 WANTAGH NY 11793 1 08/07/95 00 692384 05 10/01/95 0 692384 O 09/01/25 0 1492676 F45/F45 F 350,000.00 ZZ SCHAEFER MICHAEL R 360 348,069.93 497 15 WEST 72ND STREET APT 37G 8.125 2,598.74 64 7.875 2,598.74 555,000.00 NEW YORK NY 10023 1 08/07/95 00 692574 12 10/01/95 0 692574 O 09/01/25 0 1492677 F45/F45 F 252,900.00 ZZ NORTHRUP GREGORY 360 251,611.34 1 75 MONROE STREET 8.375 1,922.22 90 8.125 1,922.22 281,000.00 1 PELHAM MANOR NY 10803 1 08/08/95 04 692764 05 10/01/95 25 692764 O 09/01/25 0 1492678 F45/F45 F 220,000.00 ZZ DODD RAYMOND J 360 217,439.63 1 367 FIFTH STREET 7.125 1,482.18 40 6.875 1,482.18 560,000.00 BROOKLYN NY 11215 2 08/08/95 00 692798 05 10/01/95 0 692798 O 09/01/25 0 1492679 F45/F45 F 293,400.00 ZZ DA COSTA DENNIS 360 289,745.07 1 7 SANFORD STREET 8.375 2,230.05 80 8.125 2,230.05 370,000.00 PLEASANTVILLE NY 10570 1 08/08/95 00 692830 05 10/01/95 0 692830 O 09/01/25 0 1492680 F45/F45 F 136,000.00 ZZ DI GUARDIA JR ANDREW J 360 135,154.08 1 3 CAMELOT COURT 7.375 939.32 52 7.125 939.32 264,000.00 CLINTON NJ 08833 1 08/08/95 00 692871 05 10/01/95 0 692871 O 09/01/25 0 1492681 F45/F45 F 313,500.00 ZZ RYAN THOMAS 360 311,777.41 1 7 ROBIN ROAD 8.000 2,300.35 69 7.750 2,300.35 460,000.00 SOMERS NY 10589 5 08/08/95 00 692962 05 10/01/95 0 692962 O 09/01/25 0 1492682 F45/F45 F 650,000.00 ZZ HYLAND THOMAS P 360 646,516.78 1 5 BUTTERCUP LANE 8.125 4,826.23 74 7.875 4,826.23 885,000.00 HOLMDEL NJ 07733 5 08/09/95 00 693184 05 10/01/95 0 693184 O 09/01/25 0 1 1492684 F45/F45 F 280,000.00 ZZ HARRINGTON MICHAEL J 360 278,171.04 1 12310 TURLEY DRIVE 7.125 1,886.41 80 6.875 1,886.41 350,000.00 POTOMAC MD 20878 2 08/09/95 00 693242 03 10/01/95 0 693242 O 09/01/25 0 1492685 F45/F45 F 472,500.00 ZZ DAWSON PATRICK J 360 469,378.42 1 651 SAGAPONACK ROAD 7.250 3,223.28 79 7.000 3,223.28 600,000.00 SAGAPONACK NY 11962 2 08/09/95 00 693291 05 10/01/95 0 693291 O 09/01/25 0 1492686 F45/F45 F 268,000.00 ZZ SENDER MICHAEL 360 266,490.14 1 35 VALLEY DRIVE 7.875 1,943.19 67 7.625 1,943.19 400,000.00 HUNTINGTON BAY NY 11743 5 08/09/95 00 693309 05 10/01/95 0 693309 O 09/01/25 0 1492687 F45/F45 F 250,000.00 ZZ FEINSTEIN DANIEL J 360 233,328.65 1 134 WHEATLEY ROAD 7.625 1,769.48 34 7.375 1,769.48 755,000.00 BROOKVILLE NY 11545 1 08/10/95 00 693465 05 10/01/95 0 693465 O 09/01/25 0 1492688 F45/F45 F 240,000.00 ZZ GLASER THOMAS 360 238,470.19 1 91 PRESCOTT DRIVE 7.250 1,637.22 79 7.000 1,637.22 306,000.00 DEMAREST NJ 07627 1 08/10/95 00 693630 05 10/01/95 0 693630 O 09/01/25 0 1492689 F45/F45 F 219,100.00 ZZ BRUNO JEFFREY 360 216,992.51 1 1 7 WESTON DR AKA 7 SHANNON WAY 7.875 1,588.63 80 7.625 1,588.63 276,000.00 ALEXANDRIA NJ 08867 1 08/10/95 00 693671 05 10/01/95 0 693671 O 09/01/25 0 1492690 F45/F45 F 85,600.00 ZZ SOLOMON ELAINE 360 85,185.36 69 330 EAST 79TH STREET APT 8F 8.625 665.79 80 8.375 665.79 107,000.00 NEW YORK NY 10021 1 08/10/95 00 693713 11 10/01/95 0 693713 O 09/01/25 0 1492691 F45/F45 F 285,000.00 ZZ MUSTICH JR JAMES G 360 283,312.66 1 33 JEREMY DRIVE 7.625 2,017.21 74 7.375 2,017.21 390,000.00 NEW FAIRFIELD CT 06812 1 08/10/95 00 693812 05 10/01/95 0 693812 O 09/01/25 0 1492692 F45/F45 F 352,000.00 ZZ BLACK SETH 360 350,065.86 1 19 THE TULIPS 8.000 2,582.85 78 7.750 2,582.85 452,000.00 ROSLYN ESTATES NY 11576 1 08/11/95 00 694083 05 10/01/95 0 694083 O 09/01/25 0 1492693 F45/F45 F 232,000.00 ZZ PORTER MICHAEL J 360 230,725.25 1 159 WAVERLY ROAD 8.000 1,702.33 80 7.750 1,702.33 290,000.00 NEW ROCHELLE NY 10583 1 08/11/95 00 694190 05 10/01/95 0 694190 O 09/01/25 0 1492694 F45/F45 F 304,200.00 ZZ MCKAY DOUGLAS 360 302,398.95 1 83 GARDINER STREET 7.625 2,153.11 75 7.375 2,153.11 410,000.00 DARIEN CT 06820 1 08/11/95 00 694265 05 10/01/95 0 1 694265 O 09/01/25 0 1492695 F45/F45 F 320,000.00 ZZ LOCASTRO DOREEN 360 318,151.81 2 255 ASPINWALL STREET 7.750 2,292.52 66 7.500 2,292.52 490,000.00 STATEN ISLAND NY 10307 1 08/11/95 00 694372 05 10/01/95 0 694372 O 09/01/25 0 1492696 F45/F45 F 266,000.00 ZZ MUNTER RICKY S 360 264,463.66 1 24 ROCKLAND DRIVE 7.750 1,905.66 80 7.500 1,905.66 333,000.00 JERICHO NY 11753 1 08/14/95 00 694380 05 10/01/95 0 694380 O 09/01/25 0 1492697 F45/F45 F 336,500.00 ZZ GINIS ROBERT E 360 334,301.99 1 2201 TORONTO STREET 7.125 2,267.06 74 6.875 2,267.06 455,000.00 FALLS CHURCH VA 22043 5 08/14/95 00 694521 05 10/01/95 0 694521 O 09/01/25 0 1492698 F45/F45 F 296,000.00 ZZ GASIOR GREGORY R 360 294,373.57 1 11 WINGED FOOT COURT 8.000 2,171.94 89 7.750 2,171.94 335,000.00 MONTGOMERY TOWN NJ 08558 2 08/14/95 04 694612 05 10/01/95 30 694612 O 09/01/25 0 1492699 F45/F45 F 390,000.00 ZZ PEARLSTEIN ANDREW S 360 387,574.25 1 12504 SPLIT CREEK COURT 7.375 2,693.63 75 7.125 2,693.63 523,000.00 NORTH POTOMAC MD 20878 1 08/14/95 00 694687 05 10/01/95 0 694687 O 09/01/25 0 1 1492700 F45/F45 F 324,000.00 ZZ STOLL JR EDWARD 360 322,128.66 1 25 HORSESHOE RIDGE ROAD 7.750 2,321.18 80 7.500 2,321.18 405,000.00 NEWTOWN CT 06470 1 08/14/95 00 694695 05 10/01/95 0 694695 O 09/01/25 0 1492701 F45/F45 F 222,400.00 ZZ BRONSTEIN JANIS E 360 221,115.51 1 52 TANSEY LANE 7.750 1,593.30 80 7.500 1,593.30 278,000.00 BRIDGEHAMPTON NY 11937 1 08/14/95 00 694711 05 10/01/95 0 694711 O 09/01/25 0 1492702 F45/F45 F 283,500.00 ZZ SONN JAMES J 360 280,619.97 1 21 DECHIARO LANE 8.125 2,104.98 90 7.875 2,104.98 316,000.00 WILLISTON PARK NY 11596 1 08/14/95 11 694745 05 10/01/95 25 694745 O 09/01/25 0 1492703 F45/F45 F 487,500.00 ZZ FOX STEWART 360 484,887.61 1 23 VASSAR PLACE 8.125 3,619.67 75 7.875 3,619.67 650,000.00 ROCKVILLE CENTR NY 11570 5 08/01/95 00 694927 05 10/01/95 0 694927 O 09/01/25 0 1492704 F45/F45 F 300,000.00 ZZ GIANFRANCESCO JR GEORGE 360 298,264.34 1 154 UPPER SHAD ROAD 7.875 2,175.21 71 7.625 2,175.21 425,000.00 POUND RIDGE NY 10576 1 08/15/95 00 695023 05 10/01/95 0 695023 O 09/01/25 0 1492705 F45/F45 F 105,000.00 ZZ RONE RABBI 360 104,372.50 185 315 WEST 70TH STREET APT 7L 7.875 761.32 73 7.625 761.32 145,000.00 1 NEW YORK NY 10023 1 08/15/95 00 695106 11 10/01/95 0 695106 O 09/01/25 0 1492706 F45/F45 F 275,000.00 ZZ WENGROVER BERNARD 360 273,450.76 1 100 HILTON AVENUE UNIT 416 7.875 1,993.94 63 7.625 1,993.94 440,000.00 GARDEN CITY NY 11530 1 08/15/95 00 695296 01 10/01/95 0 695296 O 09/01/25 0 1492707 F45/F45 F 235,000.00 ZZ SELTZER NEAL 360 233,642.72 1 121 FINUCANE PLACE 7.750 1,683.57 76 7.500 1,683.57 310,000.00 WOODMERE NY 11598 1 08/15/95 00 695304 05 10/01/95 0 695304 O 09/01/25 0 1492708 F45/F45 F 235,000.00 ZZ LIPMAN ROBERT M 360 233,676.11 1 5100 LAWTON DRIVE 7.875 1,703.91 66 7.625 1,703.91 361,000.00 BETHESDA MD 20816 1 08/15/95 00 695338 05 10/01/95 0 695338 O 09/01/25 0 1492709 F45/F45 F 250,000.00 ZZ HOROWITZ DANIEL 360 248,556.09 1 64 CENTER ST. 7.750 1,791.03 52 7.500 1,791.03 490,000.00 WESTPORT CT 06880 1 08/01/95 00 695346 05 10/01/95 0 695346 O 09/01/25 0 1492710 F45/F45 F 292,500.00 ZZ RODGERS ADAM 360 290,971.50 1 52 NEW STREET 8.250 2,197.45 90 8.000 2,197.45 325,000.00 RIDGEFIELD CT 06877 1 08/15/95 01 695353 05 10/01/95 25 695353 O 09/01/25 0 1 1492711 F45/F45 F 220,000.00 ZZ IMPERATO ANDREW 360 218,906.98 1 123 REVERE ROAD 8.500 1,691.61 65 8.250 1,691.61 340,000.00 ROSLYN HEIGHTS NY 11577 1 08/16/95 00 695601 05 10/01/95 0 695601 O 09/01/25 0 1492712 F45/F45 F 425,000.00 ZZ DUVAL PATRICK W 360 418,571.76 1 UNIT 8, 22WEST 66TH STREET 7.000 2,827.54 48 6.750 2,827.54 900,000.00 NEW YORK NY 10023 1 08/15/95 00 695650 01 10/01/95 0 695650 O 09/01/25 0 1492713 F45/F45 F 48,800.00 ZZ COELLO GIOVANNI E 360 48,555.81 281 139-15 83RD AVENUE APT 724 8.625 379.56 76 8.375 379.56 65,000.00 BRIARWOOD NY 11435 1 08/16/95 00 695767 12 10/01/95 0 695767 O 09/01/25 0 1492714 F45/F45 F 216,000.00 ZZ VENNITTI VINCENT J 360 214,926.87 1 41-79 GLENWOOD STREET 8.500 1,660.85 80 8.250 1,660.85 270,000.00 LITTLE NECK NY 11363 1 08/16/95 00 695775 05 10/01/95 0 695775 O 09/01/25 0 1492715 F45/F45 F 250,000.00 ZZ TULLER ANDREW 360 248,519.88 1 19 LEBANON ROAD 7.625 1,769.48 61 7.375 1,769.48 415,000.00 SCARSDALE NY 10583 1 08/16/95 00 695817 05 10/01/95 0 695817 O 09/01/25 0 1492716 F45/F45 F 283,500.00 ZZ MILKES JAY 360 281,980.78 1 1 24 NANCY'S LANE 8.125 2,104.98 90 7.875 2,104.98 315,000.00 POUND RIDGE NY 10576 2 08/16/95 04 695940 05 10/01/95 25 695940 O 09/01/25 0 1492717 F45/F45 F 633,750.00 ZZ PIMENTEL JR MARIANO 360 630,179.62 1 430 STRAWTOWN ROAD 7.875 4,595.13 75 7.625 4,595.13 845,000.00 WEST NYACK NY 10994 2 08/16/95 00 695973 05 10/01/95 0 695973 O 09/01/25 0 1492718 F45/F45 F 50,000.00 ZZ GRUBER WILLIAM 360 49,711.20 1,396 252-36 60 AVENUE APT 590 7.750 358.21 66 7.500 358.21 76,000.00 LITTLE NECK NY 11362 1 08/18/95 00 696005 12 10/01/95 0 696005 O 09/01/25 0 1492719 F45/F45 F 85,000.00 ZZ KIRSHBERG RICHARD 360 84,509.08 111 501 EAST 79TH STREET, APT 12C 7.750 608.95 41 7.500 608.95 209,000.00 NEW YORK NY 10021 1 08/17/95 00 696021 12 10/01/95 0 696021 O 09/01/25 0 1492720 F45/F45 F 216,000.00 ZZ PRIMAVERA RITA 360 214,953.71 1 26 PROSPECT RD 8.625 1,680.03 79 8.375 1,680.03 275,000.00 ATLANTIC HIGHLA NJ 07716 1 08/17/95 00 696054 05 10/01/95 0 696054 O 09/01/25 0 1492721 F45/F45 F 310,000.00 ZZ FISHMAN ROBERT 360 308,379.97 1 51 WARREN STREET 8.250 2,328.93 80 8.000 2,328.93 390,000.00 HASTINGS-ON-HUD NY 10706 1 08/17/95 00 696146 05 10/01/95 0 1 696146 O 09/01/25 0 1492722 F45/F45 F 200,000.00 ZZ KOPPEL JAMES D 360 198,693.58 1 12 BOULDERWOOD DRIVE 7.125 1,347.44 44 6.875 1,347.44 457,000.00 LIVINGSTON NJ 07039 1 08/17/95 00 696278 05 10/01/95 0 696278 O 09/01/25 0 1492723 F45/F45 F 396,000.00 ZZ BALLEN MICHAEL 360 393,655.49 1 237 EVANDALE ROAD 7.625 2,802.86 80 7.375 2,802.86 500,000.00 SCARSDALE NY 10583 1 08/17/95 00 696302 05 10/01/95 0 696302 O 09/01/25 0 1492725 F45/F45 F 211,500.00 ZZ ALAM S F 360 210,278.47 1 34 LAWTON AVENUE 7.750 1,515.21 90 7.500 1,515.21 235,000.00 HARTSDALE NY 10530 1 08/17/95 01 696500 05 10/01/95 25 696500 O 09/01/25 0 1492726 F45/F45 F 225,000.00 ZZ MALLON JOHN F 360 223,794.27 1 ICE POND ROAD 8.125 1,670.62 75 7.875 1,670.62 300,000.00 BREWSTER NY 10509 5 08/17/95 00 696559 05 10/01/95 0 696559 O 09/01/25 0 1492727 F45/F45 F 228,000.00 ZZ EVANS BRIAN P 360 226,650.11 1 20 WHITE PINE ROAD 7.625 1,613.77 80 7.375 1,613.77 286,000.00 SOUTH BRUNSWICK NJ 08831 1 08/29/95 00 696609 05 10/01/95 0 696609 O 09/01/25 0 1 1492728 F45/F45 F 123,500.00 ZZ TZOU NOLAN 360 122,806.76 41 1045 PARK AVE #6C 8.375 938.69 54 8.125 938.69 230,000.00 NEW YORK NY 10028 1 08/18/95 00 696930 12 10/01/95 0 696930 O 09/01/25 0 1492729 F45/F45 F 283,500.00 ZZ DEHN THOMAS J 360 282,055.43 1 26 WOODCHUCK LANE 8.375 2,154.80 90 8.125 2,154.80 315,000.00 WILTON CT 06897 1 08/18/95 10 697029 05 10/01/95 25 697029 O 09/01/25 0 1492730 F45/F45 F 318,750.00 ZZ TRACY CHARLES 360 317,166.37 1 UNIT PHC2 299 WEST 12TH STREET 8.500 2,450.91 75 8.250 2,450.91 425,000.00 NEW YORK NY 10014 1 08/18/95 00 697169 01 10/01/95 0 697169 O 09/01/25 0 1492731 F45/F45 F 384,000.00 ZZ SOTNICK CLIFFORD 360 375,908.44 1 9613 WIND CROFT WAY 7.375 2,652.19 80 7.125 2,652.19 480,000.00 POTOMAC MD 20854 1 08/18/95 00 697185 05 10/01/95 0 697185 O 09/01/25 0 1492732 F45/F45 F 350,000.00 ZZ LAVORGNA MICHAEL M 360 347,927.79 1 12 DOGWOOD LANE 7.625 2,477.28 79 7.375 2,477.28 445,000.00 EAST HANOVER NJ 07936 1 08/18/95 00 697243 05 10/01/95 0 697243 O 09/01/25 0 1492733 F45/F45 F 270,000.00 ZZ CECORA RAYMOND 360 268,658.53 1 105 GOLD PLACE 8.500 2,076.07 86 8.250 2,076.07 315,000.00 1 MALVERNE NY 11565 1 08/18/95 11 697326 05 10/01/95 25 697326 O 09/01/25 0 1492734 F45/F45 F 410,000.00 ZZ SCUDIERI ANTHONY J 360 407,386.53 1 82 TAKOLUSA DRIVE 7.250 2,796.92 66 7.000 2,796.92 630,000.00 HOLMDEL NJ 07733 1 08/21/95 00 697458 05 10/01/95 0 697458 O 09/01/25 0 1492735 F45/F45 F 340,000.00 ZZ PIERPONT SR JOHN T 360 338,036.28 1 1006 PROSPECT AVENUE 7.750 2,435.80 80 7.500 2,435.80 425,000.00 PELHAM MANOR NY 10803 1 08/18/95 00 697490 05 10/01/95 0 697490 O 09/01/25 0 1492736 F45/F45 F 268,800.00 ZZ LIVOTI PHILLIP 300 266,485.41 1 80 STURGES STREET 8.000 2,074.64 80 7.750 2,074.64 336,000.00 STATEN ISLAND NY 10314 1 08/18/95 00 697557 05 10/01/95 0 697557 O 09/01/20 0 1492737 F45/F45 F 215,000.00 ZZ ROUTLEDGE BRIAN R 360 213,847.85 1 62 VASSAR STREET 8.125 1,596.37 69 7.875 1,596.37 315,000.00 GARDEN CITY NY 11530 1 08/21/95 00 697581 05 10/01/95 0 697581 O 09/01/25 0 1492738 F45/F45 F 237,000.00 ZZ RUBINO JAMES M 360 235,561.70 1 38 EAST LANE 7.500 1,657.14 75 7.250 1,657.14 320,000.00 STAMFORD CT 06905 2 08/21/95 00 697623 05 10/01/95 0 697623 O 09/01/25 0 1 1492740 F45/F45 F 222,400.00 ZZ MICHELMAN ALEX 360 220,982.35 1 20 BOYD STREET 7.250 1,517.16 80 7.000 1,517.16 280,000.00 LONG BEACH NY 11561 1 08/21/95 00 697797 05 10/01/95 0 697797 O 09/01/25 0 1492741 F45/F45 F 284,800.00 ZZ WALLACE ROBERT 360 283,195.50 1 130 BUCKINGHAM ROAD 7.875 2,065.00 75 7.625 2,065.00 380,000.00 MONTCLAIR NJ 07043 1 08/21/95 00 697805 05 10/01/95 0 697805 O 09/01/25 0 1492742 F45/F45 F 288,000.00 ZZ ROSENBLATT RICHARD 360 284,074.87 7 APT 7 143 PRINCE STREET 8.250 2,163.65 41 8.000 2,163.65 705,000.00 NEW YORK NY 10012 1 08/21/95 00 697839 11 10/01/95 0 697839 O 09/01/25 0 1492743 F45/F45 F 250,000.00 ZZ BARONE MARK A 360 248,482.80 1 38 ARGYLE ROAD 7.500 1,748.04 70 7.250 1,748.04 360,000.00 SCARSDALER NY 10583 1 08/21/95 00 697862 05 10/01/95 0 697862 O 09/01/25 0 1492744 F45/F45 F 265,000.00 ZZ GOTTFRIED WENDY 360 263,507.11 1 24 FARMVIEW ROAD 7.875 1,921.43 50 7.625 1,921.43 530,000.00 PORT WASHINGTON NY 11050 1 08/21/95 00 697896 05 10/01/95 0 697896 O 09/01/25 0 1492745 F45/F45 F 136,000.00 ZZ MASTOWSKI MARK 360 135,085.44 1 1 RAMTOWN GREENVILLE ROAD 7.625 962.60 80 7.375 962.60 171,000.00 HOWELL NJ 07731 1 08/21/95 00 697979 03 10/01/95 0 697979 O 09/01/25 0 1492746 F45/F45 F 214,500.00 ZZ JOHNSON NEAL 360 213,350.50 1 5 LEON TERRACE 8.125 1,592.66 72 7.875 1,592.66 300,000.00 KINNELON NJ 07405 2 08/22/95 00 698084 05 10/01/95 0 698084 O 09/01/25 0 1492747 F45/F45 F 288,000.00 ZZ BROWN CLIFFORD L 360 286,494.97 1 320 LYNCROFT ROAD 8.250 2,163.65 90 8.000 2,163.65 320,000.00 NEW ROCHELLE NY 10804 1 08/22/95 10 698233 05 10/01/95 25 698233 O 09/01/25 0 1492748 F45/F45 F 267,000.00 ZZ KATZ BERNARD 360 265,407.26 1 143 BERRIAN ROAD 7.750 1,912.82 80 7.500 1,912.82 337,000.00 NEW ROCHELLE NY 10804 1 08/22/95 00 698258 05 10/01/95 0 698258 O 09/01/25 0 1492749 F45/F45 F 336,000.00 ZZ MORETTI DANIEL 360 334,107.11 1 16 EDGEWOOD ROAD 7.875 2,436.23 80 7.625 2,436.23 420,000.00 SCARSDALE NY 10583 1 08/22/95 00 698274 05 10/01/95 0 698274 O 09/01/25 0 1492750 F45/F45 F 58,500.00 ZZ COBURN CHRISTINE 360 58,209.38 193 400 EAST 85TH STREET 15A 8.500 449.81 72 8.250 449.81 82,000.00 NEW YORK NY 10021 1 08/21/95 00 698282 11 10/01/95 0 1 698282 O 09/01/25 0 1492751 F45/F45 F 428,000.00 ZZ HAIGNEY WILLIAM F 360 425,706.41 1 44 DAVIS AVENUE 8.125 3,177.89 80 7.875 3,177.89 535,000.00 RYE NY 10580 1 08/22/95 00 698308 05 10/01/95 0 698308 O 09/01/25 0 1492752 F45/F45 F 280,250.00 ZZ REYNOLDS JR OLNEY 360 278,785.51 1 19 WHITEWOOD ROAD 8.250 2,105.42 95 8.000 2,105.42 295,000.00 WHITE PLAINS NY 10603 1 08/23/95 10 698613 05 10/01/95 30 698613 O 09/01/25 0 1492753 F45/F45 F 230,000.00 ZZ DIMENNA LOUIS 360 228,736.20 1 6 ARROWOOD DRIVE 8.000 1,687.66 75 7.750 1,687.66 308,000.00 SAINT JAMES NY 11780 2 08/23/95 00 698720 05 10/01/95 0 698720 O 09/01/25 0 1492754 F45/F45 F 264,000.00 ZZ BORDES STEPHEN 360 262,512.74 1 177 LAKE AVE 7.875 1,914.18 80 7.625 1,914.18 330,000.00 GREENWICH CT 06830 1 08/22/95 00 698787 05 10/01/95 0 698787 O 09/01/25 0 1492755 F45/F45 F 650,000.00 ZZ HOMLER ROBERT A 360 645,957.04 1 13 LAURELWOOD DRIVE 7.375 4,489.39 75 7.125 4,489.39 875,000.00 BERNARDSVILLE NJ 07924 1 08/23/95 00 698837 05 10/01/95 0 698837 O 09/01/25 0 1 1492756 F45/F45 F 214,250.00 ZZ JACOBS KENNETH 360 213,012.60 1 6 SHADWELL COURT 7.750 1,534.91 78 7.500 1,534.91 276,000.00 WEST WINDSOR NJ 08550 1 08/01/95 00 699017 03 10/01/95 0 699017 O 09/01/25 0 1492757 F45/F45 F 296,000.00 ZZ MCCOY JOHN S 360 294,373.57 1 54 LONGVIEW ROAD 8.000 2,171.94 79 7.750 2,171.94 375,000.00 PORT WASHINGTON NY 11050 1 08/23/95 00 699215 05 10/01/95 0 699215 O 09/01/25 0 1492758 F45/F45 F 385,000.00 ZZ LARKIN JAMES P 360 381,951.08 1 23 ORCHARD FARM ROAD 6.875 2,529.18 66 6.625 2,529.18 585,000.00 PORT WASHINGTON NY 11050 1 08/23/95 00 699223 05 10/01/95 0 699223 O 09/01/25 0 1492759 F45/F45 F 232,000.00 ZZ EPISCOPIO DOUGLAS J 360 230,592.03 1 39-33 222ND STREET 7.500 1,622.18 80 7.250 1,622.18 290,000.00 BAYSIDE NY 11361 1 08/24/95 00 699256 05 10/01/95 0 699256 O 09/01/25 0 1492760 F45/F45 F 400,000.00 ZZ ROTTENBERG MARK M 360 397,450.23 1 72 ORCHARD ROAD 7.250 2,728.71 71 7.000 2,728.71 565,000.00 DEMAREST NJ 07627 2 08/24/95 00 699322 05 10/01/95 0 699322 O 09/01/25 0 1492761 F45/F45 F 270,000.00 ZZ ISAACS GLENN 360 268,320.63 1 60 MEADOW DRIVE 7.375 1,864.82 74 7.125 1,864.82 365,000.00 1 WOODSBURGH NY 11598 1 08/24/95 00 699454 05 10/01/95 0 699454 O 09/01/25 0 1492762 F45/F45 F 251,500.00 ZZ O'GORMAN ROBERT E 360 249,857.22 1 11001 BLENHEIM DRIVE 7.125 1,694.40 80 6.875 1,694.40 317,000.00 OAKTON VA 22124 1 08/24/95 00 699462 05 10/01/95 0 699462 O 09/01/25 0 1492763 F45/F45 F 500,000.00 ZZ CHANCY ALEKSANDR 360 497,252.65 1 8 CYPRESS POINT DRIVE 8.000 3,668.82 80 7.750 3,668.82 625,000.00 PURCHASE NY 10577 1 08/24/95 00 699488 05 10/01/95 0 699488 O 09/01/25 0 1492764 F45/F45 F 240,350.00 ZZ CERASOLI JR FRANCIS 360 238,817.92 1 25 TODD LANE 7.250 1,639.61 95 7.000 1,639.61 253,000.00 STAMFORD CT 06905 1 08/25/95 01 699850 05 10/01/95 30 699850 O 09/01/25 0 1492765 F45/F45 F 229,000.00 ZZ KINNEY ROBERT J 360 227,575.60 1 2911 EDGEHILL DRIVE 7.375 1,581.65 80 7.125 1,581.65 288,000.00 ALEXANDRIA VA 22302 2 08/24/95 00 699892 05 10/01/95 0 699892 O 09/01/25 0 1492766 F45/F45 F 275,000.00 ZZ KESSLER BRADLEY 360 273,507.91 1 33 LISA DRIVE 7.375 1,899.36 66 7.125 1,899.36 420,000.00 DIX HILLS NY 11746 1 09/05/95 00 699934 05 11/01/95 0 699934 O 10/01/25 0 1 1492768 F45/F45 F 225,000.00 ZZ DILEONARDO VINCENT M 360 223,937.55 1 18 BAYVIEW TERRACE 8.750 1,770.08 47 8.500 1,770.08 485,000.00 GREEN BROOK NJ 08812 2 08/25/95 00 700054 05 10/01/95 0 700054 O 09/01/25 0 1492769 F45/F45 F 245,000.00 ZZ LIPKIN PAUL H 360 243,571.06 1 28 BARTHEL COURT 8.000 1,797.72 66 7.750 1,797.72 375,000.00 TIMONIUM MD 21093 1 08/25/95 00 700112 05 10/01/95 0 700112 O 09/01/25 0 1492770 F45/F45 F 285,000.00 ZZ INGRAM ANDREW D 360 283,227.36 1 4 KENFIELD ROAD 7.375 1,968.42 75 7.125 1,968.42 380,000.00 SOUTH SALEM NY 10590 1 08/25/95 00 700195 05 10/01/95 0 700195 O 09/01/25 0 1492771 F45/F45 F 279,000.00 ZZ REID JAMES C 360 277,336.30 1 30 CHATHAM RD 7.750 1,998.79 90 7.500 1,998.79 310,000.00 NEW ROCHELLE NY 10804 1 08/25/95 10 700229 05 10/01/95 25 700229 O 09/01/25 0 1492772 F45/F45 F 254,000.00 ZZ STRACHER TODD 360 252,604.34 1 30 COBB AVENUE 8.000 1,863.76 80 7.750 1,863.76 317,500.00 WHITE PLAINS NY 10606 1 08/25/95 00 700245 05 10/01/95 0 700245 O 09/01/25 0 1492773 F45/F45 F 216,000.00 ZZ CARULLI LINDA A 360 214,752.47 1 1 12 MONTCLAIR COURT 7.750 1,547.45 80 7.500 1,547.45 270,000.00 EAST BRUNSWICK NJ 08816 1 08/25/95 00 700450 05 10/01/95 0 700450 O 09/01/25 0 1492774 F45/F45 F 312,000.00 ZZ ARAPS FRANK T 360 310,410.14 1 72 BELLE GLADES LANE 8.375 2,371.43 80 8.125 2,371.43 394,000.00 MONTGOMERY TOWN NJ 08502 1 08/25/95 00 700500 05 10/01/95 0 700500 O 09/01/25 0 1492775 F45/F45 F 499,900.00 ZZ SARLIN JONATHAN G 360 497,416.35 1 405 WEST 245TH STREET 8.500 3,843.80 79 8.250 3,843.80 635,000.00 BRONX NY 10471 1 08/28/95 00 700641 05 10/01/95 0 700641 O 09/01/25 0 1492776 F45/F45 F 225,000.00 ZZ GONZALEZ PATRICK B 360 223,910.13 1 5 PATTEN AVENUE 8.625 1,750.03 89 8.375 1,750.03 255,000.00 ROCKVILLE CENTR NY 11570 1 08/28/95 14 700823 05 10/01/95 25 700823 O 09/01/25 0 1492777 F45/F45 F 292,000.00 ZZ SONNENFELD KENNETH 360 290,395.56 1 25 SARATOGA DRIVE 8.000 2,142.59 80 7.750 2,142.59 365,000.00 JERICHO NY 11753 1 08/28/95 00 700831 05 10/01/95 0 700831 O 09/01/25 0 1492778 F45/F45 F 234,700.00 ZZ SANDFORD THOMAS J 360 233,344.46 1 83 CHICORY LANE 7.750 1,681.42 90 7.500 1,681.42 262,000.00 HOPEWELL TOWNSH NJ 08638 1 08/28/95 10 700880 03 10/01/95 25 1 700880 O 09/01/25 0 1492779 F45/F45 F 215,000.00 ZZ COHAN DAVID L 360 213,788.78 1 3 DAHILL ROAD 7.875 1,558.90 86 7.625 1,558.90 250,000.00 OLD BETHPAGE NY 11804 1 08/28/95 11 701177 05 10/01/95 25 701177 O 09/01/25 0 1492780 F45/F45 F 720,000.00 ZZ SHIRE DAVID 360 716,422.82 1 19 LUDLOW LANE 8.500 5,536.18 60 8.250 5,536.18 1,200,000.00 PALISADES NY 10964 1 08/28/95 00 701227 05 10/01/95 0 701227 O 09/01/25 0 1492781 F45/F45 F 230,000.00 ZZ SCHREIBER SETH 360 228,638.23 1 5 POWDER HORN DRIVE 7.625 1,627.93 62 7.375 1,627.93 375,000.00 WESLEY HILLS NY 10901 1 08/28/95 00 701250 05 10/01/95 0 701250 O 09/01/25 0 1492782 F45/F45 F 276,000.00 ZZ GALIADI GREGORY C 360 274,365.91 1 1160 HAYMAN DRIVE 7.625 1,953.51 78 7.375 1,953.51 354,500.00 CROWNSVILLE MD 21032 1 08/25/95 00 701300 05 10/01/95 0 701300 O 09/01/25 0 1492783 F45/F45 F 213,000.00 ZZ SEGALE ANDREW W 360 211,914.67 1 199 RHODE ISLAND AVENUE 8.375 1,618.95 95 8.125 1,618.95 225,000.00 MASSAPEQUA NY 11758 1 08/28/95 10 701326 05 10/01/95 30 701326 O 09/01/25 0 1 1492784 F45/F45 F 475,000.00 ZZ BABCOCK ALAN 360 472,607.27 1 13 FIELDSTONE ROAD 7.750 3,402.96 74 7.500 3,402.96 650,000.00 RYE NY 10580 5 08/28/95 00 701367 05 11/01/95 0 701367 O 10/01/25 0 1492785 F45/F45 F 318,600.00 ZZ ZELONY DAVID 360 316,849.40 1 2414 APPLE RIDGE CIRCLE 8.000 2,337.77 87 7.750 2,337.77 370,000.00 WALL NJ 08736 1 08/29/95 11 701433 03 10/01/95 25 701433 O 09/01/25 0 1492786 F45/F45 F 368,000.00 ZZ NAGELBERG HOWARD 360 365,926.77 1 9 PADDOCK LANE 7.875 2,668.26 80 7.625 2,668.26 465,000.00 LAKE SUCCESS NY 11020 1 08/29/95 00 701482 05 10/01/95 0 701482 O 09/01/25 0 1492787 F45/F45 F 300,000.00 ZZ PERL BEZALEL 360 298,223.83 1 3 PINE DRIVE 7.625 2,123.38 55 7.375 2,123.38 550,000.00 WOODBURY NY 11797 1 08/29/95 00 701490 05 10/01/95 0 701490 O 09/01/25 0 1492788 F45/F45 F 260,000.00 ZZ PORTILLO GRISEL 360 258,675.12 1 89 HARLAN DRIVE 8.375 1,976.19 80 8.125 1,976.19 325,000.00 NEW ROCHELLE NY 10804 1 08/29/95 00 701540 05 10/01/95 0 701540 O 09/01/25 0 1492789 F45/F45 F 280,000.00 ZZ SAUER BRUCE 360 278,422.60 1 954 CLIFFSIDE AVENUE 7.875 2,030.19 80 7.625 2,030.19 350,000.00 1 NORTH WOODMERE NY 11581 1 08/29/95 00 701755 05 10/01/95 0 701755 O 09/01/25 0 1492790 F45/F45 F 291,000.00 ZZ ULEPIC DAVID J 360 289,401.06 1 1209 CRAYTON ROAD 8.000 2,135.25 72 7.750 2,135.25 405,000.00 HERNDON VA 22070 1 08/29/95 00 701953 03 10/01/95 0 701953 O 09/01/25 0 1492791 F45/F45 F 300,000.00 ZZ ANNUNZIATO THOMAS C 360 296,440.28 1 123 ROCKLAND AVENUE 8.125 2,227.49 66 7.875 2,227.49 455,000.00 LARCHMONT NY 10538 1 08/30/95 00 701979 05 10/01/95 0 701979 O 09/01/25 0 1492792 F45/F45 F 248,000.00 ZZ SALIH HAMBERT 360 246,671.04 1 28 LOCUST LANE 8.125 1,841.39 79 7.875 1,841.39 315,000.00 ROSLYN HEIGHTS NY 11577 1 08/30/95 00 701987 05 10/01/95 0 701987 O 09/01/25 0 1492793 F45/F45 F 395,000.00 ZZ CONROY ROBERT J 360 392,960.19 1 1201 DENBIGH LANE 7.625 2,795.79 51 7.375 2,795.79 780,000.00 UPPER MERION PA 19087 2 08/30/95 00 702019 03 11/01/95 0 702019 O 10/01/25 0 1492794 F45/F45 F 265,000.00 ZZ MUNCH WILLIAM 360 263,615.14 1 136 NASSAU ROAD 8.250 1,990.86 79 8.000 1,990.86 336,000.00 HUNTINGTON NY 11743 1 08/30/95 00 702159 05 10/01/95 0 702159 O 09/01/25 0 1 1492795 F45/F45 F 240,000.00 ZZ ZOMBACK JEFFREY 360 238,613.85 1 89 ROBERT DRIVE 7.750 1,719.39 72 7.500 1,719.39 335,000.00 NEW ROCHELLE NY 10804 1 08/30/95 00 702209 05 10/01/95 0 702209 O 09/01/25 0 1492796 F45/F45 F 315,000.00 ZZ GARNER BRUCE 360 312,992.04 1 183 ARGYLE ROAD 7.250 2,148.86 75 7.000 2,148.86 425,000.00 BROOKLYN NY 11218 1 08/01/95 00 702282 05 10/01/95 0 702282 O 09/01/25 0 1492797 F45/F45 F 230,000.00 ZZ COHEN CHARLES R 360 228,533.87 1 1539 HEWLETT AVENUE 7.250 1,569.01 80 7.000 1,569.01 290,000.00 HEWLETT NY 11557 1 08/30/95 00 702290 05 10/01/95 0 702290 O 09/01/25 0 1492798 F45/F45 F 243,000.00 ZZ MCCLAVE DAMIEN 360 241,697.78 1 39 SPICER ROAD 8.125 1,804.27 90 7.875 1,804.27 270,000.00 WESTPORT CT 06880 1 08/30/95 10 702324 05 10/01/95 25 702324 O 09/01/25 0 1492799 F45/F45 F 272,000.00 ZZ WILDER DON C 360 270,349.35 1 5800 WESTCHESTER STREET 7.500 1,901.86 78 7.250 1,901.86 350,000.00 ALEXANDRIA VA 22310 1 08/30/95 00 702654 05 10/01/95 0 702654 O 09/01/25 0 1492800 F45/F45 F 225,000.00 ZZ COHEN STEVEN B 360 223,824.21 1 1 5 KRISTOFFER COURT 8.250 1,690.36 79 8.000 1,690.36 285,000.00 NEW CITY NY 10956 1 08/31/85 00 702688 05 10/01/95 0 702688 O 09/01/25 0 1492802 F45/F45 F 300,000.00 ZZ D'AMBROSIO JOSEPH 360 298,392.37 1 12 MONARCH LANE 8.125 2,227.49 67 7.875 2,227.49 450,000.00 FREEHOLD NJ 07728 1 08/31/95 00 702779 05 10/01/95 0 702779 O 09/01/25 0 1492803 F45/F45 F 465,400.00 ZZ FELIBRICO OLIVER G 360 462,359.96 1 22 TWIN LAKES DRIVE 7.125 3,135.49 80 6.875 3,135.49 582,000.00 COLTS NECK NJ 07722 1 08/31/95 00 702829 05 10/01/95 0 702829 O 09/01/25 0 1492804 F45/F45 F 234,000.00 ZZ CARVALHO JEFFREY 360 227,518.65 1 6 RUDDEN LANE 7.625 1,656.24 72 7.375 1,656.24 327,000.00 MORRIS PLAINS NJ 07950 1 08/31/95 00 702837 05 10/01/95 0 702837 O 09/01/25 0 1492805 F45/F45 F 260,000.00 ZZ NEVINS GARY D 360 255,093.69 1 1355 TAMARACK ROAD 7.375 1,795.76 77 7.125 1,795.76 340,000.00 WALL NJ 08736 1 08/31/95 00 702852 03 10/01/95 0 702852 O 09/01/25 0 1492806 F45/F45 F 97,500.00 ZZ CASCARDI JAMES W 360 96,930.66 1 121 SOUTHARD DRIVE 7.000 648.67 75 6.750 648.67 130,000.00 STAFFORD NJ 08050 5 08/31/95 00 702878 05 11/01/95 0 1 702878 O 10/01/25 0 1492807 F45/F45 F 246,750.00 ZZ SEFRIN DEAN 360 245,567.66 1 37 SUNFISH LANE 8.000 1,810.56 80 7.750 1,810.56 310,000.00 MONROE NY 10950 1 09/01/95 00 702928 05 11/01/95 0 702928 O 10/01/25 0 1492808 F45/F45 F 380,000.00 ZZ ROSS MICHAEL E 360 377,636.40 1 57 LONG MEADOW ROAD 7.375 2,624.57 69 7.125 2,624.57 555,000.00 GREENWICH CT 06878 1 08/30/95 00 702985 05 10/01/95 0 702985 O 09/01/25 0 1492809 F45/F45 F 372,000.00 ZZ SICLARE JOSEPH 360 369,686.21 1 43 JEFFERSON DRIVE 7.375 2,569.31 73 7.125 2,569.31 510,000.00 RIDGEFIELD CT 06877 1 08/31/95 00 702993 05 10/01/95 0 702993 O 09/01/25 0 1492810 F45/F45 F 340,000.00 ZZ FEINSTEIN MICHAEL 360 337,885.18 1 11 ST. GEORGE COURT 7.375 2,348.30 80 7.125 2,348.30 428,000.00 MELVILLE NY 11747 1 08/31/95 00 703033 05 10/01/95 0 703033 O 09/01/25 0 1492811 F45/F45 F 39,600.00 ZZ BRANDIN WESTLEY 360 39,342.17 2,904 245-15 76TH AVENUE 2ND FL GV15 7.750 283.70 80 FL-2 7.500 283.70 50,000.00 BELLEROSE NY 11426 1 08/31/95 00 703058 11 10/01/95 0 703058 O 09/01/25 0 1 1492812 F45/F45 F 400,000.00 ZZ SIGGELKOW RICHARD 360 398,111.26 1 28 SMITH AVENUE 8.750 3,146.80 89 8.500 3,146.80 450,000.00 SOUTH NYACK NY 10960 1 08/31/95 04 703215 05 10/01/95 25 703215 O 09/01/25 0 1492813 F45/F45 F 471,000.00 ZZ MADONNA PAUL 360 458,530.18 1 17 DOGWOOD HILL 8.375 3,579.94 61 8.125 3,579.94 778,000.00 BROOKVILLE NY 11545 1 08/31/95 00 703256 05 10/01/95 0 703256 O 09/01/25 0 1492814 F45/F45 F 240,000.00 ZZ OBERT WILLIAM A 360 238,713.91 1 22 LAKE TRAIL WEST 8.125 1,781.99 80 7.875 1,781.99 302,500.00 HARDING TWP NJ 07462 1 08/31/95 00 703264 05 10/01/95 0 703264 O 09/01/25 0 1492815 F45/F45 F 400,800.00 ZZ SPIEGEL PAUL 360 398,973.60 1 2 LONG POND COURT 8.250 3,011.08 77 8.000 3,011.08 524,000.00 ARMONK NY 10504 1 09/01/95 00 703785 05 11/01/95 0 703785 O 10/01/25 0 1492816 F45/F45 F 136,000.00 ZZ GIANGRANDE GEORGE 360 135,380.29 1 8 STATE PLACE 8.250 1,021.72 76 8.000 1,021.72 180,000.00 HUNTINGTON NY 11743 1 09/01/95 00 703819 05 11/01/95 0 703819 O 10/01/25 0 1492817 F45/F45 F 250,000.00 ZZ RUBIN MILES A 360 247,482.06 1 25 RODNEY ROAD 7.625 1,769.48 55 7.375 1,769.48 460,000.00 1 SCARSDALE NY 10583 1 09/01/95 00 703967 05 11/01/95 0 703967 O 10/01/25 0 1492819 F45/F45 F 299,000.00 ZZ SCHENDEL KEVIN 240 295,145.83 1 1908 WILSON POINT ROAD 7.625 2,431.63 90 7.375 2,431.63 335,000.00 BALTIMORE MD 21220 2 08/01/95 10 704130 05 11/01/95 25 704130 O 10/01/15 0 1492820 F45/F45 F 139,900.00 ZZ SWIFT ROLLAND E 240 137,736.64 1 50 MADDAKET VILLAGE 7.250 1,105.74 80 7.000 1,105.74 175,000.00 SCOTCH PLAINS NJ 07076 1 09/01/95 00 704171 01 11/01/95 0 704171 O 10/01/15 0 1492821 F45/F45 F 225,000.00 ZZ SARGENT GEORGE P 360 223,838.07 1 420 BASSWOOD LANE 7.625 1,592.54 79 7.375 1,592.54 287,000.00 MARLBORO NJ 07751 1 09/01/95 00 704361 05 11/01/95 0 704361 O 10/01/25 0 1492822 F45/F45 F 226,800.00 ZZ KNUST PAUL J 360 225,766.54 1 8 STIRRUP LANE 8.250 1,703.87 90 8.000 1,703.87 252,000.00 SETAUKET NY 11733 1 09/06/95 14 704585 05 11/01/95 25 704585 O 10/01/25 0 1492823 F45/F45 F 264,000.00 ZZ KENNY LAWRENCE P 360 261,830.99 1 146 BOND STREET 8.000 1,937.14 80 7.750 1,937.14 330,000.00 BROOKLYN NY 11217 1 09/05/95 00 704593 05 11/01/95 0 704593 O 10/01/25 0 1 1492824 F45/F45 F 260,000.00 ZZ PAIUSCO AUGUSTO D 360 258,844.79 1 22 INDIAN HILL 8.375 1,976.19 77 8.125 1,976.19 340,000.00 NEW ROCHELLE NY 10801 1 09/05/95 00 704635 01 11/01/95 0 704635 O 10/01/25 0 1492825 F45/F45 F 264,000.00 T VODA STEPHEN E 360 262,797.03 1 1307 OCEAN BOULEVARD 8.250 1,983.34 79 8.000 1,983.34 335,000.00 SHIP BOTTOM NJ 08008 1 09/01/95 00 704692 05 11/01/95 0 704692 O 10/01/25 0 1492826 F45/F45 F 292,500.00 ZZ FITZPATRICK MICHAEL K 360 290,989.49 1 1982 LEONARD DRIVE 7.625 2,070.30 89 7.375 2,070.30 330,000.00 DOVER TOWNSHIP NJ 08753 1 09/01/95 04 704718 05 11/01/95 25 704718 O 10/01/25 0 1492827 F45/F45 F 225,000.00 ZZ MURPHY KENNETH 360 224,000.32 1 3 WILLIAMS DRIVE 8.375 1,710.16 75 8.125 1,710.16 300,000.00 MASSAPEQUA PARK NY 11762 1 09/05/95 00 704742 05 11/01/95 0 704742 O 10/01/25 0 1492828 F45/F45 F 325,000.00 ZZ JARVIS JEFFREY A 360 323,147.95 1 141 DEER RIDGE ROAD 7.125 2,189.59 64 6.875 2,189.59 515,000.00 BERNARDS NJ 07920 1 09/05/95 00 704791 05 11/01/95 0 704791 O 10/01/25 0 1492829 F45/F45 F 220,000.00 ZZ FAZIO GERARD T 360 218,806.32 1 1 6 GIDEON REYNOLDS ROAD 7.375 1,519.49 44 7.125 1,519.49 500,000.00 CROSS RIVER NY 10518 1 09/05/95 00 704825 05 11/01/95 0 704825 O 10/01/25 0 1492830 F45/F45 F 332,000.00 ZZ HIRSHFIELD GARY 360 330,409.09 1 54 LITCHFIELD ROAD 8.000 2,436.10 78 7.750 2,436.10 427,500.00 PORT WASHINGTON NY 11050 2 09/06/95 00 705012 05 11/01/95 0 705012 O 10/01/25 0 1492831 F45/F45 F 300,000.00 ZZ MARCHESANO JOHN E 360 298,632.95 1 164 WEST WATERVIEW STREET 8.250 2,253.80 73 8.000 2,253.80 415,000.00 NORTHPORT NY 11768 1 09/06/95 00 705020 05 11/01/95 0 705020 O 10/01/25 0 1492832 F45/F45 F 319,500.00 ZZ XIANG SHAOKUN S 360 317,890.58 1 142 BARCLAY DRIVE 7.750 2,288.94 90 7.500 2,288.94 355,000.00 STAMFORD CT 06903 1 09/06/95 14 705053 05 11/01/95 25 705053 O 10/01/25 0 1492833 F45/F45 F 95,000.00 ZZ CODDINGTON MICHAEL D 360 93,957.08 333 2 TUDOR PLACE APT 14D NORTH 8.250 713.70 70 8.000 713.70 137,000.00 NEW YORK NY 10017 1 09/06/95 00 705087 11 11/01/95 0 705087 O 10/01/25 0 1492834 F45/F45 F 200,000.00 ZZ WEBB III JOHN G 360 199,064.40 1 10 WINDY HILL ROAD 8.125 1,484.99 79 7.875 1,484.99 255,000.00 METUCHEN NJ 08840 1 09/06/95 00 705210 05 11/01/95 0 1 705210 O 10/01/25 0 1492835 F45/F45 F 292,000.00 ZZ HANDLER SCOTT 360 290,454.29 1 5 CYPRESS DRIVE 7.500 2,041.71 80 7.250 2,041.71 365,000.00 HANOVER NJ 07927 1 09/06/95 00 705228 05 11/01/95 0 705228 O 10/01/25 0 1492836 F45/F45 F 250,000.00 ZZ DICHTER STEVEN 360 248,802.05 1 28 BRANWOOD COURT 8.000 1,834.41 40 7.750 1,834.41 636,000.00 DIX HILLS NY 11746 1 09/06/95 00 705236 05 11/01/95 0 705236 O 10/01/25 0 1492837 F45/F45 F 390,000.00 ZZ ROSEN DAN A 360 388,083.84 1 1372 OUTLOOK DRIVE 7.875 2,827.77 76 7.625 2,827.77 515,000.00 MOUNTAINSIDE NJ 07092 2 09/07/95 00 705384 05 11/01/95 0 705384 O 10/01/25 0 1492838 F45/F45 F 350,000.00 ZZ VON OLNHAUSEN ERNST 360 348,444.95 1 240 PALMER HILL ROAD 8.375 2,660.25 78 8.125 2,660.25 450,000.00 OLD GREENWICH CT 06870 1 09/07/95 00 705434 05 11/01/95 0 705434 O 10/01/25 0 1492839 F45/F45 F 300,000.00 ZZ GATTO JR GERARD 360 298,700.47 1 90 LEEWOOD DRIVE 8.500 2,306.74 79 8.250 2,306.74 380,000.00 EASTCHESTER NY 10709 1 09/07/95 00 705491 05 11/01/95 0 705491 O 10/01/25 0 1 1492840 F45/F45 F 350,000.00 ZZ FALANGA JOSEPH 360 348,147.31 1 459 RIDGE RD 7.500 2,447.25 79 7.250 2,447.25 445,000.00 WATCHUNG NJ 07060 1 09/07/95 00 705640 05 11/01/95 0 705640 O 10/01/25 0 1492841 F45/F45 F 300,000.00 ZZ NEUBERGER NED C 360 298,562.48 1 19 GOLDSMITH DRIVE 8.000 2,201.29 68 7.750 2,201.29 442,000.00 HOLMDEL NJ 07733 1 09/07/95 00 705657 05 11/01/95 0 705657 O 10/01/25 0 1492842 F45/F45 F 240,000.00 ZZ SANNINO ROBERT S 360 238,850.00 1 8 NATHANIEL DRIVE 8.000 1,761.03 78 7.750 1,761.03 308,500.00 MILLSTONE TWP NJ 07726 1 09/07/95 00 705673 05 11/01/95 0 705673 O 10/01/25 0 1492843 F45/F45 F 220,800.00 ZZ SACKETT JEFFREY 360 219,715.18 1 82-27 217TH ST 7.875 1,600.95 80 7.625 1,600.95 276,000.00 QUEENS VILLAGE NY 11427 1 09/08/95 00 705863 05 11/01/95 0 705863 O 10/01/25 0 1492844 F45/F45 F 146,800.00 ZZ WATANABE HIROYUKI 360 146,113.96 362 APT 2E 340 EAST 80TH STREET 8.125 1,089.99 79 7.875 1,089.99 186,000.00 NEW YORK NY 10028 1 09/08/95 00 705947 12 11/01/95 0 705947 O 10/01/25 0 1492845 F45/F45 F 224,000.00 ZZ CUMMINGS THOMAS P 360 222,899.40 1 4 BELLEW AVENUE 7.875 1,624.16 80 7.625 1,624.16 280,000.00 1 EASTCHESTER NY 10709 1 09/08/95 00 706036 05 11/01/95 0 706036 O 10/01/25 0 1492846 F45/F45 F 240,000.00 ZZ O'NEILL ROBERT J 360 238,933.68 1 98 COUNTRY VILLAGE COURT 8.375 1,824.17 62 8.125 1,824.17 390,000.00 MANHASSET HILLS NY 11040 1 09/08/95 00 706069 05 11/01/95 0 706069 O 10/01/25 0 1492847 F45/F45 F 280,000.00 ZZ RAPOPORT MITCHELL J 360 278,554.11 1 40 WOODHILL ROAD 7.625 1,981.82 54 7.375 1,981.82 520,000.00 WILTON CT 06897 2 09/08/95 00 706473 05 11/01/95 0 706473 O 10/01/25 0 1492848 F45/F45 F 223,000.00 ZZ CASARONA CHRISTOPH 360 220,836.12 1 15 WEBSTER COURT 7.625 1,578.38 77 7.375 1,578.38 291,000.00 PLAINSBORO TWP NJ 08536 1 09/03/95 00 706499 03 11/01/95 0 706499 O 10/01/25 0 1492849 F45/F45 F 212,000.00 ZZ WEITZENKAMP CAROL 360 211,047.63 46 100 HUDSON STREET APT 3A 8.500 1,630.10 80 8.250 1,630.10 265,000.00 NEW YORK NY 10013 1 09/11/95 00 706697 11 11/01/95 0 706697 O 10/01/25 0 1492850 F45/F45 F 584,000.00 ZZ BARMAKIAN JOSEPH T 360 580,984.18 1 258 EAST DUDLEY AVENUE 7.625 4,133.52 80 7.375 4,133.52 730,000.00 WESTFIELD NJ 07090 1 09/11/95 00 707059 05 11/01/95 0 707059 O 10/01/25 0 1 1492851 F45/F45 F 228,000.00 ZZ HOOKE JEFFREY C 360 227,012.36 1 7504 MAPLE AVENUE 8.500 1,753.12 79 8.250 1,753.12 290,000.00 TARRYTOWN MD 20815 1 09/12/95 00 707075 05 11/01/95 0 707075 O 10/01/25 0 1492853 F45/F45 F 450,000.00 ZZ HANFLING RICHARD 360 447,733.19 1 82 WOODS DRIVE 7.750 3,223.86 75 7.500 3,223.86 600,000.00 EAST HILLS NY 11576 1 09/13/95 00 707687 05 11/01/95 0 707687 O 10/01/25 0 1492854 F45/F45 F 352,000.00 ZZ CALLAWAY JOHN P 360 350,270.57 1 276 FILLOW STREET 7.875 2,552.24 80 7.625 2,552.24 445,000.00 NORWALK CT 06850 1 09/14/95 00 708024 05 11/01/95 0 708024 O 10/01/25 0 1492855 F45/F45 F 325,000.00 ZZ EPSTEIN BARRY E 360 323,403.16 1 5 HENHAWK LANE 7.875 2,356.48 50 7.625 2,356.48 650,000.00 ROSLYN NY 11576 1 09/15/95 00 708164 05 11/01/95 0 708164 O 10/01/25 0 1492856 F45/F45 F 285,600.00 ZZ MCCONNELL ROBERT B 360 284,196.76 1 823 SOUTH COLUMBUS STREET 7.875 2,070.80 80 7.625 2,070.80 360,000.00 ALEXANDRIA VA 22314 1 09/14/95 00 708396 05 11/01/95 0 708396 O 10/01/25 0 1492857 F45/F45 F 236,000.00 ZZ METZ PETER 360 234,897.19 1 1 25 SOUTH DRIVE 8.125 1,752.29 80 7.875 1,752.29 295,000.00 GREAT NECK NY 11201 1 09/15/95 00 708453 05 11/01/95 0 708453 O 10/01/25 0 1492858 F45/F45 F 424,950.00 ZZ NADERKHANI MAJID R 360 422,809.44 1 5815 MADAKET ROAD 7.750 3,044.39 80 7.500 3,044.39 535,000.00 BETHESDA MD 20816 1 09/15/95 00 708495 07 11/01/95 0 708495 O 10/01/25 0 1492859 F45/F45 F 234,400.00 ZZ CALLAHAN THOMAS 360 233,189.55 1 57 EAST CURTIS AVE 7.625 1,659.07 80 7.375 1,659.07 293,000.00 HOPEWELL TWP NJ 08628 1 09/15/95 00 708529 05 11/01/95 0 708529 O 10/01/25 0 1492860 F45/F45 F 600,000.00 ZZ LEVINE LYNN S 360 597,196.19 1 31 SOUSA DRIVE 8.125 4,454.98 75 7.875 4,454.98 810,000.00 SANDS POINT NY 11050 1 09/15/95 00 708826 05 11/01/95 0 708826 O 10/01/25 0 1492861 F45/F45 F 195,000.00 ZZ SALAMAN MITCHELL E 360 193,967.78 144 UNIT 424 101 WEST 81ST ST 7.500 1,363.47 75 7.250 1,363.47 260,000.00 NEW YORK NY 10024 1 09/18/95 00 708891 12 11/01/95 0 708891 O 10/01/25 0 1492862 F45/F45 F 255,200.00 ZZ NEALSON WILLIAM R 360 253,882.14 1 1910 DIPLOMAT COURT 7.625 1,806.29 80 7.375 1,806.29 319,500.00 FALLS CHURCH VA 22043 1 09/15/95 00 708941 05 11/01/95 0 1 708941 O 10/01/25 0 1492863 F45/F45 F 270,050.00 ZZ GERHOLD III GEORGE C 360 268,620.49 1 2104 WOODVALE LANE 7.500 1,888.23 80 7.250 1,888.23 340,000.00 MITCHELLVILLE MD 20721 1 09/15/95 00 708966 03 11/01/95 0 708966 O 10/01/25 0 1492864 F45/F45 F 334,100.00 ZZ MANCINI THOMAS J 360 332,577.59 1 41901 RASPBERRY DRIVE 8.250 2,509.98 80 8.000 2,509.98 420,000.00 LEESBURG VA 22075 1 09/18/95 00 708990 03 11/01/95 0 708990 O 10/01/25 0 1492865 F45/F45 F 302,000.00 ZZ ZABAR LORI 360 300,588.75 1 77 MEADOW WAY 8.125 2,242.34 80 7.875 2,242.34 379,000.00 EAST HAMPTON NY 11937 1 09/18/95 00 709014 05 11/01/95 0 709014 O 10/01/25 0 1492866 F45/F45 F 418,000.00 ZZ WILSON ARNOLD 360 415,894.44 1 123 DORCHESTER ROAD 7.750 2,994.60 79 7.500 2,994.60 530,000.00 NEW ROCHELLE NY 10583 1 09/18/95 00 709030 05 11/01/95 0 709030 O 10/01/25 0 1492867 F45/F45 F 392,000.00 ZZ RUDY RICHARD 360 390,213.70 1 956 EAST 7TH STREET 8.250 2,944.97 75 8.000 2,944.97 523,000.00 BROOKLYN NY 11230 5 09/18/95 00 709196 05 11/01/95 0 709196 O 10/01/25 0 1 1492868 F45/F45 F 90,200.00 ZZ TWERSKY SHALOM 360 89,799.21 1 160 WEST END AVENUE APT 3J 8.375 685.59 79 8.125 685.59 115,000.00 NEW YORK NY 10023 1 09/19/95 00 709352 11 11/01/95 0 709352 O 10/01/25 0 1492869 F45/F45 F 225,000.00 ZZ KLIEGER WAYNE A 360 223,838.07 1 15 MARSHALL COURT 7.625 1,592.54 68 7.375 1,592.54 332,000.00 PLAINSBORO NJ 08536 1 09/20/95 00 710020 05 11/01/95 0 710020 O 10/01/25 0 1492870 F45/F45 F 226,000.00 ZZ BUXBAUM JULES M 360 224,995.89 162 APT 18D, 14 HORATIO STREET 8.375 1,717.76 80 8.125 1,717.76 286,000.00 NEW YORK NY 10014 1 09/21/95 00 710079 12 11/01/95 0 710079 O 10/01/25 0 1492872 F45/F45 F 444,000.00 ZZ FLEISHMAN STEVEN I 360 441,872.45 1 5 SARGEANT PLACE 8.000 3,257.91 80 7.750 3,257.91 555,000.00 MANHASSET NY 11030 1 09/21/95 00 710228 05 11/01/95 0 710228 O 10/01/25 0 1492873 F45/F45 F 208,000.00 ZZ SHEIKH ARFAN 360 207,075.85 1 7 LEWIS AVENUE 8.375 1,580.95 76 8.125 1,580.95 275,000.00 NEW HYDE PARK NY 11040 1 09/21/95 00 710285 05 11/01/95 0 710285 O 10/01/25 0 1492874 F45/F45 F 299,200.00 ZZ TAYLOR EDWARD J 360 297,616.20 1 120 DAVIS LANE 7.500 2,092.05 80 7.250 2,092.05 374,000.00 1 MIDDLETOWN NJ 07701 1 09/21/95 00 710350 05 11/01/95 0 710350 O 10/01/25 0 1492875 F45/F45 F 366,200.00 ZZ FISHER LAWRENCE B 360 364,308.95 1 763 HARDSCRABBLE RD 7.625 2,591.94 55 7.375 2,591.94 670,000.00 CHAPPAQUA NY 10514 2 09/21/95 00 710574 05 11/01/95 0 710574 O 10/01/25 0 1492876 F45/F45 F 230,000.00 ZZ MIKHLY LAZAR 360 228,841.41 1 3677 BEDFORD AVENUE 7.750 1,647.75 71 7.500 1,647.75 325,000.00 BROOKLYN NY 11229 1 09/21/95 00 710632 05 11/01/95 0 710632 O 10/01/25 0 1492877 F45/F45 F 360,000.00 ZZ SIEGAL DAVID 360 358,140.94 1 12 VILLAGE ROAD 7.625 2,548.06 80 7.375 2,548.06 450,000.00 ROSLYN HEIGHTS NY 11577 1 09/22/95 00 710962 05 11/01/95 0 710962 O 10/01/25 0 1492878 F45/F45 F 252,000.00 ZZ MARSHAK ADAM 360 250,908.41 1 26 SEAGULL LANE 8.500 1,937.66 74 8.250 1,937.66 345,000.00 PORT WASHINGTON NY 11050 1 09/22/95 00 710988 05 11/01/95 0 710988 O 10/01/25 0 1492879 F45/F45 F 250,000.00 ZZ BONDY WILLIAM 360 248,860.77 1 64 BAYVIEW AVENUE 8.250 1,878.17 66 8.000 1,878.17 380,000.00 PORT WASHINGTON NY 11050 2 09/21/95 00 711077 05 11/01/95 0 711077 O 10/01/25 0 1 1492880 F45/F45 F 218,000.00 ZZ HALLE MARGO L 360 217,055.67 1 1474 OLD LOGGING ROAD 8.500 1,676.23 76 8.250 1,676.23 290,000.00 YORKTOWN HEIGHT NY 10598 2 09/21/95 00 711085 05 11/01/95 0 711085 O 10/01/25 0 1492881 F45/F45 F 470,000.00 ZZ SPINA LOUIS J 360 467,572.92 1 2 HOMESTEAD DRIVE 7.625 3,326.63 76 7.375 3,326.63 624,000.00 COLTS NECK NJ 07722 1 09/21/95 00 711127 05 11/01/95 0 711127 O 10/01/25 0 1492883 F45/F45 F 232,200.00 ZZ URBANOWICZ GARY R 360 230,047.89 1 105 KENT DRIVE 8.375 1,764.89 53 8.125 1,764.89 445,000.00 CORTLANDT MANOR NY 10566 1 09/22/95 00 711242 05 11/01/95 0 711242 O 10/01/25 0 1492885 F45/F45 F 233,000.00 ZZ PLUCHINO CANDICE A 360 231,766.63 1 22 ALPINE DRIVE 7.500 1,629.17 69 7.250 1,629.17 339,500.00 MILLSTONE NJ 08535 1 09/22/95 00 711333 05 11/01/95 0 711333 O 10/01/25 0 1492886 F45/F45 F 264,000.00 ZZ GOLDEN JR JAMES J 360 262,670.15 1 134 DEFOREST ROAD 7.750 1,891.33 80 7.500 1,891.33 330,000.00 WILTON CT 06897 1 09/22/95 00 711457 05 11/01/95 0 711457 O 10/01/25 0 1492887 F45/F45 F 296,000.00 ZZ COHEN RAFI 360 294,781.52 1 1 1363 EAST 24TH STREET 8.750 2,328.63 80 8.500 2,328.63 372,000.00 BROOKLYN NY 11210 1 09/20/95 00 711713 05 11/01/95 0 711713 O 10/01/25 0 1492888 F45/F45 F 215,000.00 ZZ COPPOLA ALESSANDR 360 214,163.17 1 179 WOOD RIDGE DRIVE 8.250 1,615.22 77 8.000 1,615.22 280,000.00 STAMFORD CT 06902 2 09/26/95 00 711952 05 12/01/95 0 711952 O 11/01/25 0 1492889 F45/F45 F 266,000.00 ZZ COHEN ANDREW R 360 264,660.06 1 21 LODGE ROAD 7.750 1,905.66 70 7.500 1,905.66 384,000.00 GREAT NECK NY 11021 1 09/26/95 00 711994 05 11/01/95 0 711994 O 10/01/25 0 1492890 F45/F45 F 504,750.00 ZZ ELKINS JAY S 360 502,078.10 1 185 ROCK CREEK LANE 7.500 3,529.29 75 7.250 3,529.29 682,000.00 SCARSDALE NY 10583 1 09/27/95 00 712331 05 11/01/95 0 712331 O 10/01/25 0 1492891 F45/F45 F 290,000.00 ZZ HACKETT JAMES 360 288,720.46 1 1507 BROOKFIELD 7.625 2,052.60 75 7.375 2,052.60 391,000.00 YARDLEY PA 19067 2 09/27/95 00 712596 05 12/01/95 0 712596 O 11/01/25 0 1492892 F45/F45 F 221,000.00 ZZ CALAMUSA BARBARA 360 219,992.95 135 530 EAST 72ND STREET, APT 6F 8.250 1,660.30 60 8.000 1,660.30 370,000.00 NEW YORK NY 10021 1 09/27/95 00 712711 12 11/01/95 0 1 712711 O 10/01/25 0 1492893 F45/F45 F 448,000.00 ZZ SOKOLOW HARALD 360 445,906.46 1 7 MONTEREY COURT 8.125 3,326.39 80 7.875 3,326.39 563,000.00 HOLMDEL NJ 07733 1 09/27/95 00 712943 05 11/01/95 0 712943 O 10/01/25 0 1492894 F45/F45 F 211,000.00 ZZ KRYZWORZEKA JOZEF 360 210,258.20 1 197 B HOPE DELAWARE ROAD 8.750 1,659.94 77 8.500 1,659.94 275,000.00 HOPE NJ 07825 2 09/28/95 00 713180 05 12/01/95 0 713180 O 11/01/25 0 1492895 F45/F45 F 75,000.00 ZZ MOSS JEREMY 360 74,683.29 178 201 EAST 25TH STREET, APT 3J 8.625 583.34 79 8.375 583.34 95,000.00 NEW YORK NY 10010 1 09/28/95 00 713446 11 11/01/95 0 713446 O 10/01/25 0 1492896 F45/F45 F 600,000.00 ZZ HARDISTY JEREMY P 360 597,334.20 1 647 MILTON ROAD 8.375 4,560.43 80 8.125 4,560.43 750,000.00 RYE NY 10580 1 09/28/95 00 713529 05 11/01/95 0 713529 O 10/01/25 0 1492897 F45/F45 F 310,000.00 T LYNCH KRIS 360 308,622.68 1 44 CONCOURSE EAST 8.375 2,356.22 78 8.125 2,356.22 400,000.00 BRIGHTWATERS NY 11718 1 09/28/95 00 713784 05 11/01/95 0 713784 O 10/01/25 0 1 1492898 F45/F45 F 254,300.00 ZZ COHEN GARY M 360 252,340.64 1 20 WEXFORD WAY 7.500 1,778.10 90 7.250 1,778.10 283,000.00 BRIDGEWATER NJ 08807 1 09/28/95 10 713842 05 11/01/95 25 713842 O 10/01/25 0 1492899 F45/F45 F 228,000.00 ZZ MANELA TODD A 360 226,762.94 1 1708 TALL OAKS LANE 7.375 1,574.74 80 7.125 1,574.74 285,000.00 DOVER NJ 08753 1 09/29/95 00 713909 05 11/01/95 0 713909 O 10/01/25 0 1492900 F45/F45 F 312,000.00 ZZ GARRETT BARBARA 360 310,348.44 1 44 MERRILAND ROAD 7.500 2,181.55 78 7.250 2,181.55 400,000.00 STAMFORD CT 06903 1 09/29/95 00 715045 05 11/01/95 0 715045 O 10/01/25 0 1492901 F45/F45 F 335,000.00 ZZ GLICK CORY I 360 333,354.08 1 5 HIGHWOOD ROAD 7.875 2,428.98 79 7.625 2,428.98 425,000.00 WILTON/WESTPORT CT 06880 1 09/01/95 00 715201 05 11/01/95 0 715201 O 10/01/25 0 1492902 F45/F45 F 213,600.00 ZZ RUFFA PASQUALE 360 212,626.63 1 VONES LANE 8.250 1,604.71 80 8.000 1,604.71 269,000.00 RARITAN NJ 08869 1 09/29/95 00 715318 05 11/01/95 0 715318 O 10/01/25 0 1492903 F45/F45 F 257,850.00 ZZ LEOPOLD GUY 360 256,820.69 1 668 NORTH PARK AVENUE 8.125 1,914.53 89 7.875 1,914.53 290,000.00 1 HUNTINGTON NY 11743 1 10/02/95 11 715722 05 12/01/95 25 715722 O 11/01/25 0 1492904 F45/F45 F 442,500.00 ZZ STRAW MARTYN 360 440,733.58 75 255 WEST 84TH STREET 8.125 3,285.55 75 APT 6B 7.875 3,285.55 590,000.00 NEW YORK NY 10024 1 10/12/95 00 715771 12 12/01/95 0 715771 O 11/01/25 0 1492905 F45/F45 F 320,000.00 ZZ HOCHMAN JEFFREY 360 318,622.82 1 481 HARRISON AVENUE 7.750 2,292.52 79 7.500 2,292.52 410,000.00 HARRISON NY 10528 1 10/02/95 00 716134 05 12/01/95 0 716134 O 11/01/25 0 1492906 F45/F45 F 235,000.00 ZZ MARRANO GEORGE J 360 233,910.46 1 64-21 211TH STREET 7.375 1,623.09 75 7.125 1,623.09 315,000.00 BAYSIDE NY 11364 1 10/10/95 00 716142 05 12/01/95 0 716142 O 11/01/25 0 1492908 F45/F45 F 328,000.00 ZZ ABRAMOWITZ EDWARD M 360 326,755.22 1 34 CEDARCLIFF ROAD 8.375 2,493.04 70 8.125 2,493.04 475,000.00 STATEN ISLAND NY 10301 2 10/03/95 00 716456 05 12/01/95 0 716456 O 11/01/25 0 1492909 F45/F45 F 408,000.00 ZZ LOPEZ MAXIMO 360 406,329.83 1 4 SUMMIT AVENUE 8.000 2,993.76 79 7.750 2,993.76 521,000.00 EAST WILLISTON NY 11596 1 10/03/95 00 716472 05 12/01/95 0 716472 O 11/01/25 0 1 1492910 F45/F45 F 300,000.00 ZZ KEKLAK C S 360 298,643.12 1 17 SOMERSET DRIVE 7.500 2,097.64 47 7.250 2,097.64 650,000.00 RUMSON NJ 07760 1 10/03/95 00 716506 05 12/01/95 0 716506 O 11/01/25 0 1492911 F45/F45 F 344,000.00 ZZ KOCZAN JULIUS A 360 342,556.05 1 613 HOLLY HILL DRIVE 7.875 2,494.24 80 7.625 2,494.24 430,000.00 BRIELLE NJ 08730 2 10/03/95 00 716563 05 12/01/95 0 716563 O 11/01/25 0 1492912 F45/F45 F 300,000.00 ZZ ERTMAN ANDREW C 360 298,771.96 1 600 LAWRENCE AVE 8.000 2,201.29 60 7.750 2,201.29 505,000.00 WESTFIELD NJ 07690 1 10/03/95 00 716597 05 12/01/95 0 716597 O 11/01/25 0 1492913 F45/F45 F 340,000.00 ZZ LEEMAN PETER 360 338,131.78 1 80 DOGWOOD AVENUE 8.000 2,494.80 80 7.750 2,494.80 425,000.00 ROSLYN HARBOR NY 11576 1 08/25/95 00 716811 05 10/01/95 0 716811 O 09/01/25 0 1492914 F45/F45 F 40,000.00 ZZ ALAM BILAL A 360 39,855.71 2,904 245-38 77TH CRESCENT 8.625 311.12 73 APT GV5-C8-1 8.375 311.12 55,000.00 BELLEROSE NY 11426 1 10/05/95 00 716860 10 12/01/95 0 716860 O 11/01/25 0 1492915 F45/F45 F 343,000.00 ZZ DENOMA MICHAEL 360 341,730.99 1 1 2402 APPLE RIDGE CIRCLE 8.500 2,637.37 89 8.250 2,637.37 387,500.00 WALL NJ 07719 1 10/04/95 10 716944 03 12/01/95 25 716944 O 11/01/25 0 1492917 F45/F45 F 452,000.00 ZZ NORWOOD JOHN 360 450,005.67 1 60 COBB ISLE ROAD 7.625 3,199.23 80 7.375 3,199.23 565,000.00 WATER MILL NY 11976 1 10/05/95 00 717306 05 12/01/95 0 717306 O 11/01/25 0 1492919 F45/F45 F 215,000.00 ZZ ARESTA JOSEPH 360 214,097.55 1 26 TRISHS COURT 7.875 1,558.90 73 7.625 1,558.90 295,000.00 OLD BRIDGE NJ 08857 5 10/06/95 00 717504 05 12/01/95 0 717504 O 11/01/25 0 1492922 F45/F45 F 232,000.00 ZZ KANUNGO VISHNU 360 231,096.96 1 36 CREST DRIVE 8.250 1,742.94 79 8.000 1,742.94 297,000.00 MARLBORO NJ 07751 1 10/06/95 00 717942 05 12/01/95 0 717942 O 11/01/25 0 1492923 F45/F45 F 305,150.00 ZZ POISSON DAVID E 360 303,869.14 1 20756 EASTLAKE COURT 7.875 2,212.55 80 7.625 2,212.55 384,000.00 STERLING VA 20165 1 10/10/95 00 718338 03 12/01/95 0 718338 O 11/01/25 0 1492924 F45/F45 F 221,350.00 ZZ YAP STEVEN 360 220,466.38 1 401 IRONWOOD LANE 8.125 1,643.52 90 7.875 1,643.52 246,000.00 MARLBORO NJ 07751 1 10/10/95 01 718346 03 12/01/95 25 1 718346 O 11/01/25 0 1492925 F45/F45 F 580,000.00 ZZ VERTUCCI ALAN R 360 577,503.86 1 139 HOYT FARM ROAD 7.750 4,155.19 27 7.500 4,155.19 2,200,000.00 NEW CANAAN CT 06840 2 10/11/95 00 718510 05 12/01/95 0 718510 O 11/01/25 0 1492926 F45/F45 F 310,000.00 ZZ BORNER KAI 360 308,665.85 2 152 LINCOLN PLACE 7.750 2,220.88 58 7.500 2,220.88 540,000.00 BROOKLYN NY 11217 1 10/11/95 00 718528 05 12/01/95 0 718528 O 11/01/25 0 1492927 F45/F45 F 82,500.00 ZZ JACOBS HEIDI B 360 82,186.90 333 2 TUDOR CITY PLACE 8.375 627.06 75 APT 8F NORTH 8.125 627.06 110,000.00 NEW YORK NY 10017 1 10/11/95 00 718775 11 12/01/95 0 718775 O 11/01/25 0 1492928 F45/F45 F 412,000.00 ZZ GRAZIANO JOHN E 360 410,182.19 1 29 APPLE GROVE DRIVE 7.625 2,916.11 80 7.375 2,916.11 515,000.00 HOLMDEL NJ 07733 2 10/12/95 00 719385 05 12/01/95 0 719385 O 11/01/25 0 1492929 F45/F45 F 123,000.00 ZZ KOGAN IRINE 360 122,750.76 1 800 PALISADE AVE UNIT 508 8.000 902.53 55 7.750 902.53 225,000.00 FORT LEE NJ 07024 1 01/01/96 00 719740 01 03/01/96 0 719740 O 02/01/26 0 1 1492930 F45/F45 F 326,000.00 ZZ BRODY MARC 360 324,631.58 1 140 RIVERSIDE DRIVE, APT 9F 7.875 2,363.73 73 7.625 2,363.73 450,000.00 NEW YORK NY 10024 1 10/16/95 00 720086 10 12/01/95 0 720086 O 11/01/25 0 1492931 F45/F45 F 360,000.00 ZZ SHORE STEVEN R 360 347,078.67 1 311 GREENS FARMS ROAD 8.250 2,704.56 68 8.000 2,704.56 534,000.00 WESTPORT CT 06880 1 10/16/95 00 720177 05 12/01/95 0 720177 O 11/01/25 0 1492932 F45/F45 F 350,000.00 ZZ HAYES PATRICK F 360 346,540.11 1 154 ROCKWOOD ROAD 7.375 2,417.36 68 7.125 2,417.36 515,000.00 MANHASSET NY 11030 1 10/16/95 00 720383 05 12/01/95 0 720383 O 11/01/25 0 1492933 F45/F45 F 244,800.00 ZZ BUSSMANN STEPHEN P 360 243,822.82 1 2026 LABRADOR LANE 8.125 1,817.63 80 7.875 1,817.63 306,000.00 VIENNA VA 22182 2 10/17/95 00 720722 05 12/01/95 0 720722 O 11/01/25 0 1492934 F45/F45 F 267,600.00 ZZ ISLAMI JOAN 360 266,531.80 1 62 KENT DRIVE 8.125 1,986.92 80 7.875 1,986.92 334,550.00 ROSELAND NJ 07068 1 10/17/95 00 720797 01 12/01/95 0 720797 O 11/01/25 0 1492936 F45/F45 F 129,500.00 ZZ MAYERS VINCENT 360 129,334.27 2 310 JEFFERSON AVENUE 8.250 972.89 70 8.000 972.89 185,000.00 1 BROOKLYN NY 11216 1 02/01/96 00 721332 05 04/01/96 0 721332 O 03/01/26 0 1492937 F45/F45 F 516,000.00 ZZ KOST STEPHEN A 360 513,887.68 1 93 NORTH MOUNTAIN DRIVE 8.000 3,786.23 80 7.750 3,786.23 650,000.00 ARDSLEY-ON-HUDS NY 10503 1 10/19/95 00 721696 05 12/01/95 0 721696 O 11/01/25 0 1492938 F45/F45 F 240,000.00 ZZ LINDER PETER 360 236,396.30 1 49 PINECREST PARKWAY 7.625 1,698.70 67 7.375 1,698.70 360,000.00 HASTINGS-ON-HUD NY 10706 1 10/19/95 00 721761 05 12/01/95 0 721761 O 11/01/25 0 1492939 F45/F45 F 211,500.00 ZZ CHANG TAO 360 210,655.72 1 50 TERREHANS LANE 8.125 1,570.38 90 7.875 1,570.38 235,000.00 SYOSSET NY 11791 1 10/20/95 10 721852 05 12/01/95 25 721852 O 11/01/25 0 1492940 F45/F45 F 215,000.00 ZZ FONTICOBA PEDRO 360 214,141.74 1 34 NUGENT DR 8.125 1,596.37 70 7.875 1,596.37 310,000.00 CLIFTON NJ 07103 1 10/20/95 00 721928 05 12/01/95 0 721928 O 11/01/25 0 1492941 F45/F45 F 250,000.00 ZZ JOHNSTON GARY R 360 248,840.93 1 140 DOUGLAS RD 7.375 1,726.69 80 7.125 1,726.69 315,000.00 NEW CANAAN CT 06840 1 10/20/95 00 722116 05 12/01/95 0 722116 O 11/01/25 0 1 1492942 F45/F45 F 224,500.00 ZZ ZABEL ANDREW H 360 223,484.56 1 24 REBEL RUN DRIVE 7.500 1,569.74 73 7.250 1,569.74 310,000.00 EAST BRUNSWICK NJ 08816 1 10/20/95 00 722330 05 12/01/95 0 722330 O 11/01/25 0 1492943 F45/F45 F 244,000.00 ZZ ROSENBLIT SCOTT D 360 243,026.00 1 354 WOOD STREET 8.125 1,811.69 80 7.875 1,811.69 305,000.00 PUTNAM VALLEY NY 10541 1 10/20/95 00 722496 05 12/01/95 0 722496 O 11/01/25 0 1492944 F45/F45 F 382,500.00 ZZ WARD SIMON E 360 380,853.81 1 190 HILLSPOINT ROAD 7.750 2,740.28 90 7.500 2,740.28 425,000.00 WESTPORT CT 06880 1 10/23/95 01 722538 05 12/01/95 25 722538 O 11/01/25 0 1492945 F45/F45 F 307,000.00 ZZ IANELLI MICHAEL J 360 305,474.88 2 193 CONNECTICUT STREET 8.000 2,252.66 80 7.750 2,252.66 384,000.00 STATEN ISLAND NY 10307 1 10/23/95 00 722835 05 12/01/95 0 722835 O 11/01/25 0 1492946 F45/F45 F 283,000.00 ZZ SNYDER STEVEN I 360 281,621.84 1 41 ELDERWOOD DRIVE 7.125 1,906.62 90 6.875 1,906.62 315,000.00 ST. JAMES NY 11780 2 10/23/95 04 722843 05 12/01/95 25 722843 O 11/01/25 0 1492947 F45/F45 F 200,000.00 ZZ DORING EUGENE 240 198,331.57 1 1 3391-01 COUNTRY CLUB ROAD 8.250 1,704.13 73 8.000 1,704.13 275,000.00 BRONX NY 10465 1 11/07/95 00 722884 03 01/01/96 0 722884 O 12/01/15 0 1492948 F45/F45 F 373,600.00 ZZ WINIK MARK A 360 371,992.12 1 4 MARTHA DRIVE 7.750 2,676.52 80 7.500 2,676.52 471,500.00 MELVILLE NY 11747 1 10/24/95 00 722892 05 12/01/95 0 722892 O 11/01/25 0 1492949 F45/F45 F 336,000.00 ZZ MOSKOWITZ MICHAEL 360 334,442.23 1 17 CLINTON LANE 7.375 2,320.67 80 7.125 2,320.67 420,000.00 JERICHO NY 11753 1 10/24/95 00 723130 05 12/01/95 0 723130 O 11/01/25 0 1492950 F45/F45 F 332,000.00 ZZ GOPEN TOBY 360 330,707.70 1 17 OAKS HUNT ROAD 8.250 2,494.21 80 8.000 2,494.21 415,000.00 LAKE SUCCESS NY 11020 1 10/24/95 00 723270 05 12/01/95 0 723270 O 11/01/25 0 1492951 F45/F45 F 456,000.00 ZZ DEMIRJIAN TEDDY A 360 453,885.87 1 33 CENTURY RIDGE ROAD 7.375 3,149.48 80 7.125 3,149.48 575,000.00 PURCHASE NY 10577 1 10/25/95 00 723494 05 12/01/95 0 723494 O 11/01/25 0 1492952 F45/F45 F 276,800.00 ZZ PETERSEN SHELDON C 360 275,516.68 1 510 FORTRESS CIRCLE 7.375 1,911.79 80 7.125 1,911.79 346,000.00 LEESBURG VA 22075 1 10/25/95 00 723551 05 12/01/95 0 1 723551 O 11/01/25 0 1492953 F45/F45 F 230,000.00 ZZ JASSEY WILLIAM 360 229,058.47 1 44 POWDER HORN HILL ROAD 8.000 1,687.66 60 7.750 1,687.66 388,000.00 WILTON CT 06897 1 10/25/95 00 723858 05 12/01/95 0 723858 O 11/01/25 0 1492954 F45/F45 F 275,000.00 ZZ MANENTE NICHOLAS 360 273,756.16 1 152 MILLER ROAD 7.500 1,922.84 63 7.250 1,922.84 440,000.00 KINNELON NJ 07405 1 10/26/95 00 723916 05 12/01/95 0 723916 O 11/01/25 0 1492955 F45/F45 F 228,000.00 ZZ FREIBERGER JONATHAN H 360 226,994.02 1 3 HADDON HALL 7.625 1,613.77 75 7.375 1,613.77 305,000.00 MELVILLE NY 11747 1 10/27/95 00 724799 05 12/01/95 0 724799 O 11/01/25 0 1492956 F45/F45 F 223,200.00 ZZ VALLUZZO DAVID 360 222,309.04 1 135 WESTPORT RD 8.125 1,657.25 80 7.875 1,657.25 280,000.00 EASTON CT 06612 1 10/27/95 00 725119 05 12/01/95 0 725119 O 11/01/25 0 1492957 F45/F45 F 240,000.00 ZZ MALLEY BRENDAN J 360 238,509.52 1 60 DIMOND AVENUE 8.000 1,761.03 80 7.750 1,761.03 300,000.00 CORTLANDT MANOR NY 10566 1 10/27/95 00 725325 05 12/01/95 0 725325 O 11/01/25 0 1 1492958 F45/F45 F 264,000.00 ZZ PASCALE CHARLES G 360 263,047.88 1 9 ROSEHOLM PLACE 8.625 2,053.36 79 8.375 2,053.36 335,000.00 MOUNT KISCO NY 10549 1 10/27/95 00 725366 05 12/01/95 0 725366 O 11/01/25 0 1492959 F45/F45 F 278,600.00 ZZ EIMBINDER ERIC B 360 277,308.36 1 176 FISHING TRAIL ROAD 7.375 1,924.22 80 7.125 1,924.22 350,000.00 STAMFORD CT 06903 1 10/27/95 00 725549 05 12/01/95 0 725549 O 11/01/25 0 1492960 F45/F45 F 252,000.00 ZZ DONOFRIO JOHN 360 250,942.25 1 212 BRIXTON ROAD 7.875 1,827.17 76 7.625 1,827.17 335,000.00 GARDEN CITY NY 11530 1 10/30/95 00 725812 05 12/01/95 0 725812 O 11/01/25 0 1492961 F45/F45 F 232,500.00 ZZ ANSARI HESHMAT 360 231,767.28 1 8900 TRIPLE RIDGE ROAD 8.375 1,767.17 75 8.125 1,767.17 310,000.00 FAIRFAX STATION VA 22039 2 10/30/95 00 725846 03 01/01/96 0 725846 O 12/01/25 0 1492962 F45/F45 F 308,000.00 ZZ KABAKOW JAMES 360 306,536.44 1 5 PETER'S LANE 7.250 2,101.10 80 7.000 2,101.10 385,000.00 WESTPORT CT 06880 1 10/30/95 00 725895 05 12/01/95 0 725895 O 11/01/25 0 1492963 F45/F45 F 420,000.00 ZZ MIZRAHI CHARLES 360 418,642.36 1 2271 EAST 7TH STREET 8.250 3,155.32 66 8.000 3,155.32 645,000.00 1 BROOKLYN NY 11223 5 10/31/95 00 726117 05 01/01/96 0 726117 O 12/01/25 0 1492964 F45/F45 F 348,000.00 ZZ GRAND MARK 360 346,464.58 1 32 CLUB DRIVE NORTH 7.625 2,463.12 80 7.375 2,463.12 435,000.00 JERICHO NY 11753 1 10/31/95 00 726372 01 12/01/95 0 726372 O 11/01/25 0 1492965 F45/F45 F 285,000.00 ZZ UNGERLEIDER RICHARD S 360 283,902.30 1 3108 ROLLING ROAD 7.375 1,968.42 50 7.125 1,968.42 575,000.00 CHEVY CHASE MD 20015 5 11/01/95 00 726851 05 01/01/96 0 726851 O 12/01/25 0 1492966 F45/F45 F 434,000.00 ZZ MORMILE RALPH P 360 432,243.95 1 10 PORPOISE COURT 7.125 2,923.94 77 6.875 2,923.94 565,000.00 NORTHPORT NY 11768 1 11/01/95 00 726869 05 01/01/96 0 726869 O 12/01/25 0 1492968 F45/F45 F 336,000.00 ZZ PETTERSON JOHN 360 334,673.52 1 45 OAK STREET 7.250 2,292.11 79 7.000 2,292.11 430,000.00 WESTPORT CT 06880 1 11/03/95 00 727230 05 01/01/96 0 727230 O 12/01/25 0 1492969 F45/F45 F 374,400.00 ZZ NELSON FREDERICK 360 373,127.09 1 13 ROBERT DRIVE 8.000 2,747.21 90 7.750 2,747.21 416,000.00 CHATHAM TWP NJ 07928 1 11/02/95 04 727578 05 01/01/96 25 727578 O 12/01/25 0 1 1492970 F45/F45 F 244,700.00 ZZ CEDERDAHL STEVEN B 360 243,780.56 1 1405 ALICIA DRIVE 7.500 1,710.98 80 7.250 1,710.98 306,000.00 WALL TOWNSHIP NJ 07719 1 11/03/95 00 727818 05 01/01/96 0 727818 O 12/01/25 0 1492971 F45/F45 F 252,000.00 ZZ GLEASON JEFFREY E 360 251,225.81 1 1296 TOWN LINE ROAD 8.500 1,937.66 75 8.250 1,937.66 336,000.00 SAGAPONACK NY 11962 5 11/03/95 00 727875 05 01/01/96 0 727875 O 12/01/25 0 1492972 F45/F45 F 243,000.00 ZZ PRICE SUSAN B 360 241,334.91 1 1210 STOCKTON DRIVE 7.875 1,761.92 75 7.625 1,761.92 324,000.00 NORTH BRUNSWICK NJ 08902 5 11/03/95 00 728196 05 01/01/96 0 728196 O 12/01/25 0 1492973 F45/F45 F 420,000.00 ZZ ZATE ANTHONY R 360 418,572.04 1 94 COVE ROAD 8.000 3,081.81 78 7.750 3,081.81 540,000.00 OYSTER BAY COVE NY 11771 1 11/03/95 00 728261 05 01/01/96 0 728261 O 12/01/25 0 1492974 F45/F45 F 223,200.00 ZZ WITZER ERIC 360 221,461.19 1 12 TALISMAN DRIVE 8.250 1,676.83 80 8.000 1,676.83 280,000.00 DIX HILL NY 11746 1 11/06/95 00 728378 05 01/01/96 0 728378 O 12/01/25 0 1492975 F45/F45 F 450,000.00 ZZ BOCCITTO ELIO 360 448,134.06 1 1 300 PALMER HILL ROAD 7.000 2,993.86 60 6.750 2,993.86 750,000.00 OLD GREENWICH CT 06870 1 11/06/95 00 728451 05 01/01/96 0 728451 O 12/01/25 0 1492976 F45/F45 F 450,000.00 ZZ REISS MICHAEL 360 448,545.39 1 246 FOX MEADOW ROAD 8.250 3,380.70 71 8.000 3,380.70 638,000.00 SCARSDALE NY 10583 1 11/06/95 00 728600 05 01/01/96 0 728600 O 12/01/25 0 1492977 F45/F45 F 275,300.00 ZZ RUEFENACHT MAX A 360 274,387.32 1 25 BUCKLEY HILL ROAD 8.125 2,044.09 68 7.875 2,044.09 405,000.00 MORRIS TOWNSHIP NJ 07960 2 11/07/95 00 728626 05 01/01/96 0 728626 O 12/01/25 0 1492978 F45/F45 F 261,000.00 ZZ COHEN MORRIS 360 260,177.46 1 3 SAXONY DRIVE 8.375 1,983.79 40 8.125 1,983.79 662,500.00 OCEAN NJ 07755 5 11/07/95 00 728675 05 01/01/96 0 728675 O 12/01/25 0 1492980 F45/F45 F 210,000.00 ZZ POSNER JEFFREY 360 209,354.83 1 1603 CYNTHIA COURT 8.500 1,614.72 53 8.250 1,614.72 400,000.00 HEWLETT NY 11557 2 11/08/95 00 729160 05 01/01/96 0 729160 O 12/01/25 0 1492981 F45/F45 F 250,000.00 ZZ BOHRER STEPHEN D 360 248,397.73 1 692 GREENWICH STREET UNIT 5 8.125 1,856.24 65 7.875 1,856.24 385,000.00 NEW YORK NY 10014 1 11/08/95 00 729285 01 01/01/96 0 1 729285 O 12/01/25 0 1492982 F45/F45 F 300,000.00 ZZ GOLDMAN GARY N 360 298,980.05 1 48 KENT DR. 8.000 2,201.29 71 7.750 2,201.29 425,000.00 CORTLANDT MANOR NY 10566 5 11/09/95 00 729558 05 01/01/96 0 729558 O 12/01/25 0 1492983 F45/F45 F 265,500.00 ZZ JONKE GUENTER 360 264,425.76 1 1 ABBEY LANE 7.125 1,788.72 90 6.875 1,788.72 295,000.00 EAST SETAUKET NY 11733 2 11/09/95 01 729640 05 01/01/96 25 729640 O 12/01/25 0 1492984 F45/F45 F 214,550.00 ZZ HIOS ANTON T 360 213,838.69 1 20 TOWER HILL DRIVE 8.125 1,593.03 80 7.875 1,593.03 268,500.00 PORT CHESTER NY 10573 1 11/10/95 00 730002 05 01/01/96 0 730002 O 12/01/25 0 1492986 F45/F45 F 224,600.00 ZZ TURNER J L 360 223,836.35 1 275 E CENTER STREET 8.000 1,648.04 80 7.750 1,648.04 283,000.00 SHAVERTOWN PA 18708 1 11/13/95 00 730796 05 01/01/96 0 730796 O 12/01/25 0 1492987 F45/F45 F 350,000.00 ZZ THOMAS KENNETH C 360 348,651.93 1 10 WHITE TAIL LANE 7.375 2,417.36 72 7.125 2,417.36 490,000.00 BEDMINSTER NJ 07921 2 11/15/95 00 731422 03 01/01/96 0 731422 O 12/01/25 0 1 1492988 F45/F45 F 354,000.00 ZZ GREEN KENNETH D 360 352,765.80 1 4 LADY JANES WAY 7.875 2,566.75 80 7.625 2,566.75 448,000.00 NORTHPORT NY 11768 1 11/15/95 00 731562 07 01/01/96 0 731562 O 12/01/25 0 1492989 F45/F45 F 120,000.00 ZZ SINGER NAOMI L 360 119,621.82 72 320 WEST 76ST APT 10A 8.375 912.09 68 8.125 912.09 177,000.00 NEW YORK NY 10023 1 11/16/95 00 731679 11 01/01/96 0 731679 O 12/01/25 0 1492990 F45/F45 F 454,250.00 ZZ MCDONAGH JR THOMAS J 360 452,705.56 1 5 COBBLESTONE COURT 8.000 3,333.13 80 7.750 3,333.13 568,000.00 CENTERPORT NY 11721 1 11/16/95 00 731711 05 01/01/96 0 731711 O 12/01/25 0 1492991 F45/F45 F 228,000.00 ZZ SULLIVAN BRIAN 360 227,224.83 1 141 MELBURY ROAD 8.000 1,672.98 72 7.750 1,672.98 320,000.00 BABYLON NY 11702 1 11/16/95 00 731851 05 01/01/96 0 731851 O 12/01/25 0 1492992 F45/F45 F 344,000.00 ZZ PENNINGTON NEIL 360 342,707.44 1 2108 EDGE ROAD 7.500 2,405.30 80 7.250 2,405.30 430,000.00 MUTTONTOWN NY 11791 1 11/16/95 00 731893 05 01/01/96 0 731893 O 12/01/25 0 1492993 F45/F45 F 357,750.00 ZZ VAN DIJK ALEXANDERA 360 356,335.38 1 45 CANFIELD RD. 7.875 2,593.94 90 7.625 2,593.94 400,000.00 1 MORRIS (CONVENT NJ 07961 1 11/17/95 10 732081 05 01/01/96 25 732081 O 12/01/25 0 1492994 F45/F45 F 650,000.00 ZZ CALDERON JORGE A 360 646,976.52 1 627 SAGAPONACK MAIN STREET 8.000 4,769.47 74 7.750 4,769.47 885,000.00 SAGAPONACK NY 11962 1 11/17/95 00 732214 05 01/01/96 0 732214 O 12/01/25 0 1492995 F45/F45 F 366,600.00 ZZ BENTLEY MICHAEL C 360 365,415.00 1 72 DIMOND AVENUE 8.250 2,754.14 90 8.000 2,754.14 408,000.00 CORTLANDT NY 10566 1 11/17/95 10 732404 05 01/01/96 25 732404 O 12/01/25 0 1492996 F45/F45 F 150,000.00 ZZ GRUNDMAN VIVIAN E 360 149,463.78 1 22 ADAMS LANE 7.750 1,074.62 51 7.500 1,074.62 295,000.00 NORWALK CT 06850 1 11/17/95 00 732552 05 01/01/96 0 732552 O 12/01/25 0 1492997 F45/F45 F 248,000.00 ZZ ARSHADI FARZAD 360 247,113.46 1 12205 QUICK FOX LANE 7.750 1,776.70 80 7.500 1,776.70 310,000.00 BOWIE MD 20720 2 11/20/95 00 732719 03 01/01/96 0 732719 O 12/01/25 0 1492998 F45/F45 F 348,000.00 ZZ CASTRO RICHARD P 360 346,064.97 1 6 MISTY BROOK LANE #98 7.875 2,523.24 78 7.625 2,523.24 450,000.00 NEW FAIRFIELD CT 06812 1 11/20/95 00 732867 03 01/01/96 0 732867 O 12/01/25 0 1 1492999 F45/F45 F 287,000.00 ZZ O'CONNELL WILLIAM J 360 286,024.25 1 1919 GAYFIELDS DRIVE 8.000 2,105.90 67 7.750 2,105.90 430,000.00 SILVER SPRING MD 20906 2 11/20/95 00 733030 05 01/01/96 0 733030 O 12/01/25 0 1493000 F45/F45 F 222,000.00 ZZ COSTANZA MARK N 360 221,317.96 1 706 WOODSIDE CIRCLE 8.500 1,706.99 80 8.250 1,706.99 277,500.00 BEL AIR MD 21014 2 11/01/95 00 733063 05 01/01/96 0 733063 O 12/01/25 0 1493001 F45/F45 F 236,000.00 ZZ CORRSIN STEPHEN 360 235,135.05 1 5 BIRCH LANE 7.625 1,670.39 90 7.375 1,670.39 264,000.00 LARCHMONT NY 10538 1 11/20/95 01 733154 05 01/01/96 25 733154 O 12/01/25 0 1493002 F45/F45 F 264,000.00 ZZ ANDREWS DESIREE 360 263,008.03 1 11 CARRIAGE WAY 7.500 1,845.93 80 7.250 1,845.93 330,000.00 MILLSTONE NJ 07728 1 11/20/95 00 733196 05 01/01/96 0 733196 O 12/01/25 0 1493004 F45/F45 F 209,000.00 ZZ CLASS ERIC 360 207,951.29 1 3 ROCHAMBEAU AVEN 7.875 1,515.40 84 7.625 1,515.40 250,000.00 RIDGEFIELD CT 06877 2 11/21/95 10 733303 05 01/01/96 12 733303 O 12/01/25 0 1493005 F45/F45 F 100,000.00 ZZ CROWLEY MARGARET 360 99,668.45 333 1 2 TUDOR CITY PLACE 2KN 8.125 742.50 77 7.875 742.50 130,000.00 NEW YORK NY 10017 1 11/21/95 00 733394 11 01/01/96 0 733394 O 12/01/25 0 1493006 F45/F45 F 325,000.00 ZZ WEST DAVID L 360 323,922.50 1 9926 JUNIPER HILL ROAD 8.125 2,413.12 74 7.875 2,413.12 445,000.00 ROCKVILLE MD 20850 1 11/21/95 00 733451 03 01/01/96 0 733451 O 12/01/25 0 1493007 F45/F45 F 250,000.00 ZZ FARMAKIS JR JOHN 360 249,171.19 1 344 FAIRMOUNT AVE 8.125 1,856.24 73 7.875 1,856.24 345,000.00 CHATHAM TWP NJ 07928 5 11/21/95 00 733501 05 01/01/96 0 733501 O 12/01/25 0 1493008 F45/F45 F 325,000.00 ZZ SQUILLANTE FRANK P 360 323,895.05 1 17 RIDGE ROAD 8.000 2,384.73 33 7.750 2,384.73 985,000.00 WESTON CT 06883 5 11/21/95 00 733634 05 01/01/96 0 733634 O 12/01/25 0 1493009 F45/F45 F 245,000.00 ZZ GOOSMAN SHERMAN 360 244,102.06 1 1053 FAIRFIELD BEACH ROAD 7.625 1,734.09 70 7.375 1,734.09 350,000.00 FAIRFIELD CT 06430 1 11/21/95 00 733709 05 01/01/96 0 733709 O 12/01/25 0 1493010 F45/F45 F 354,000.00 ZZ HENRY I W 360 352,636.51 1 4817 GODFREY AVENUE 7.375 2,444.99 54 7.125 2,444.99 660,000.00 ALEXANDRIA VA 22309 2 11/22/95 00 733907 05 01/01/96 0 1 733907 O 12/01/25 0 1493011 F45/F45 F 600,000.00 ZZ RINTEL SHELDON J 360 596,093.80 1 74 BACON ROAD 8.375 4,560.43 48 8.125 4,560.43 1,275,000.00 OLD WESTBURY NY 11568 1 11/22/95 00 734020 05 01/01/96 0 734020 O 12/01/25 0 1493012 F45/F45 F 250,000.00 ZZ SUTCLIFFE GILBERT W 360 248,988.43 1 11 COACHMANS PLACE 7.125 1,684.30 50 6.875 1,684.30 510,000.00 WILTON CT 06897 1 11/22/95 00 734103 05 01/01/96 0 734103 O 12/01/25 0 1493013 F45/F45 F 290,000.00 ZZ RUSSEY III JOHN W 360 289,062.60 1 3108 GOSHEFF LANE 8.250 2,178.67 73 8.000 2,178.67 397,500.00 GAMBRILLS MD 21054 2 11/24/95 00 734483 03 01/01/96 0 734483 O 12/01/25 0 1493014 F45/F45 F 612,500.00 ZZ POLLINGER RICHARD 360 610,921.53 1 41 DRUID HILL ROAD 8.250 4,601.51 70 8.000 4,601.51 880,000.00 SUMMIT NJ 07901 5 11/27/95 00 734558 05 02/01/96 0 734558 O 01/01/26 0 1493015 F45/F45 F 254,400.00 ZZ SYRON THOMAS N 360 253,370.65 1 3011 FRANKLIN CORNER LANE 7.125 1,713.94 80 6.875 1,713.94 320,000.00 HERNDON VA 22071 1 11/27/95 00 734863 03 01/01/96 0 734863 O 12/01/25 0 1 1493016 F45/F45 F 129,000.00 ZZ WEINER JONATHAN 360 128,538.86 359 305 E 40TH STREET 7.750 924.17 77 7.500 924.17 169,000.00 NEW YORK NY 10017 1 11/28/95 00 735167 11 01/01/96 0 735167 O 12/01/25 0 1493017 F45/F45 F 224,000.00 ZZ MORENO MARIA A 360 223,294.08 121 245 EAST 72ND STREET APT 15C 8.375 1,702.56 70 8.125 1,702.56 320,000.00 NEW YORK NY 10021 1 11/28/95 00 735225 12 01/01/96 0 735225 O 12/01/25 0 1493018 F45/F45 F 292,000.00 ZZ MCCARTHY KEVIN M 360 290,780.25 1 7 GREEN FARMS ROAD 8.125 2,168.09 80 7.875 2,168.09 365,000.00 GREEN NJ 07821 1 11/28/95 00 735332 05 01/01/96 0 735332 O 12/01/25 0 1493019 F45/F45 F 250,000.00 ZZ DOERNBERG DANIEL 360 249,013.03 1 18 ROLAND DRIVE 7.250 1,705.44 57 7.000 1,705.44 445,000.00 WHITE PLAINS NY 10605 1 11/28/95 00 735449 05 01/01/96 0 735449 O 12/01/25 0 1493020 F45/F45 F 285,000.00 ZZ SACCHETTI TOBIA 360 284,078.76 1 114 NORTH DEERFIELD LANE 8.250 2,141.11 53 8.000 2,141.11 540,000.00 PLEASANTVILLE NY 10570 1 11/28/95 00 735654 05 01/01/96 0 735654 O 12/01/25 0 1493021 F45/F45 F 219,800.00 ZZ FEINBLUM FREDRIC J 360 219,014.28 1 2314 FRANKLIN'S CHANCE COURT 7.750 1,574.67 80 7.500 1,574.67 275,000.00 1 FALLSTON MD 21047 1 11/29/95 00 735746 05 01/01/96 0 735746 O 12/01/25 0 1493023 F45/F45 F 220,000.00 ZZ AZADI MOHAMMAD 360 219,270.66 1 109 JEFFERSON AVENUE 8.125 1,633.49 80 7.875 1,633.49 275,000.00 ROSLYN HEIGHTS NY 11577 1 11/29/95 00 735886 05 01/01/96 0 735886 O 12/01/25 0 1493024 F45/F45 F 290,000.00 ZZ GURIN NEIL 360 288,937.11 1 45 ABBEY CLOSE 7.625 2,052.60 77 7.375 2,052.60 380,000.00 SCARSDALE NY 10583 1 11/29/95 00 735944 05 01/01/96 0 735944 O 12/01/25 0 1493025 F45/F45 F 217,500.00 ZZ SHEINMAN ALAN M 360 216,910.38 1 344 DERBY AVENUE 8.000 1,595.94 75 7.750 1,595.94 290,000.00 WOODMERE NY 11598 5 11/29/95 00 736009 05 02/01/96 0 736009 O 01/01/26 0 1493026 F45/F45 F 300,000.00 ZZ BARON MARK 360 299,186.76 1 1310 HARBOR ROAD 8.000 2,201.29 51 7.750 2,201.29 591,000.00 HEWLETT HARBOR NY 11557 5 11/29/95 00 736074 05 02/01/96 0 736074 O 01/01/26 0 1493027 F45/F45 F 252,000.00 ZZ GRAMAN MARILYN 360 251,099.14 343 2 FIFTH AVE 10-P 7.750 1,805.36 60 7.500 1,805.36 425,000.00 NEW YORK NY 10011 1 11/30/95 00 736496 12 01/01/96 0 736496 O 12/01/25 0 1 1493028 F45/F45 F 300,000.00 ZZ DENNINGER WILLIAM C 360 298,844.50 1 231 ROXBURY ROAD 7.375 2,072.03 79 7.125 2,072.03 380,000.00 STAMFORD CT 06902 1 11/30/95 00 736660 05 01/01/96 0 736660 O 12/01/25 0 1493029 F45/F45 F 242,500.00 ZZ HOFFMAN BRIAN T 360 241,825.87 1 203 MEADOW VIEW LANE 7.875 1,758.29 69 7.625 1,758.29 352,000.00 LEBANON TWP NJ 08826 2 11/30/95 00 736850 05 02/01/96 0 736850 O 01/01/26 0 1493030 F45/F45 F 232,000.00 ZZ BENTLEY RICHARD 360 231,128.26 1 21 MORA COURT 7.500 1,622.18 80 7.250 1,622.18 292,000.00 MANHASSET NY 11030 1 11/30/95 00 737171 05 01/01/96 0 737171 O 12/01/25 0 1493031 F45/F45 F 400,000.00 ZZ MCMURRAY MICHAEL 360 398,706.99 1 22 WILDWOOD DRIVE 8.250 3,005.07 60 8.000 3,005.07 670,000.00 GREENWICH CT 06830 1 11/30/95 00 737213 03 01/01/96 0 737213 O 12/01/25 0 1493032 F45/F45 F 550,000.00 ZZ CAAN PAUL W 360 548,079.44 1 490 NORTH STREET 7.250 3,751.97 66 7.000 3,751.97 845,000.00 GREENWICH CT 06830 1 12/01/95 00 737569 05 02/01/96 0 737569 O 01/01/26 0 1493033 F45/F45 F 450,000.00 ZZ PRIMIS LANCE R 360 448,617.65 1 1 UNIT 50D 160 WEST 66TH STREET 7.375 3,108.04 40 7.125 3,108.04 1,150,000.00 NEW YORK NY 10023 1 12/01/95 00 737734 01 02/01/96 0 737734 O 01/01/26 0 1493034 F45/F45 F 245,000.00 ZZ CHAUSOW ROBERT 360 244,368.63 103 875 WEST END AVENUE APT 12E 8.250 1,840.60 66 8.000 1,840.60 375,000.00 NEW YORK NY 10025 1 12/04/95 00 737874 12 02/01/96 0 737874 O 01/01/26 0 1493035 F45/F45 F 255,000.00 ZZ RUBECK LINDA 360 254,135.68 1 118 APPLE VALLEY ROAD 6.875 1,675.17 50 6.625 1,675.17 520,000.00 STAMFORD CT 06903 2 12/04/95 00 738021 05 02/01/96 0 738021 O 01/01/26 0 1493036 F45/F45 F 387,000.00 ZZ ERLER BRIAN S 360 385,811.21 1 24 COLONIAL COURT 7.375 2,672.91 90 7.125 2,672.91 430,000.00 FREEHOLD NJ 07728 1 12/04/95 01 738039 05 02/01/96 25 738039 O 01/01/26 0 1493037 F45/F45 F 288,000.00 ZZ SERGEANT JOHN B 360 287,199.36 1 18 HAGEMAN ROAD 7.875 2,088.20 76 7.625 2,088.20 380,000.00 READINGTON TOWN NJ 08822 2 12/05/95 00 738294 05 02/01/96 0 738294 O 01/01/26 0 1493038 F45/F45 F 295,000.00 ZZ LENNON DAVID 360 294,116.03 1 29 POND HILL ROAD 7.500 2,062.68 75 7.250 2,062.68 395,000.00 CHAPPAQUA NY 10514 2 12/05/95 00 738344 05 02/01/96 0 1 738344 O 01/01/26 0 1493039 F45/F45 F 207,200.00 ZZ KATZ WARREN A 360 206,609.33 1 7 WILLOW COURT 7.750 1,484.41 80 7.500 1,484.41 259,000.00 PARK RIDGE NJ 07656 1 12/06/95 00 738617 05 02/01/96 0 738617 O 01/01/26 0 1493040 F45/F45 F 296,800.00 ZZ JOHNSON JR WILLIAM P 360 294,320.64 1 7906 SCOTT COURT 7.125 1,999.60 80 6.875 1,999.60 371,000.00 SPRINGFIELD VA 22153 2 12/06/95 00 738740 03 02/01/96 0 738740 O 01/01/26 0 1493041 F45/F45 F 225,000.00 ZZ KARMOL THOMAS A 360 224,325.80 1 5 DORCHESTER AVENUE 7.500 1,573.23 73 7.250 1,573.23 310,000.00 CRANFORD NJ 07016 5 12/06/95 00 738757 05 02/01/96 0 738757 O 01/01/26 0 1493042 F45/F45 F 275,000.00 ZZ PRINCE CHRIS N 360 274,273.09 1 60 NORTHWOODS LANE 8.125 2,041.87 72 7.875 2,041.87 382,000.00 EAST HAMPTON NY 11937 1 12/06/95 00 738864 05 02/01/96 0 738864 O 01/01/26 0 1493043 F45/F45 F 172,000.00 ZZ UNION PAULA R 360 171,509.69 498 15 WEST 72ND STREET 7.750 1,232.23 79 7.500 1,232.23 218,000.00 NEW YORK NY 10023 1 12/06/95 00 738963 11 02/01/96 0 738963 O 01/01/26 0 1 1493045 F45/F45 F 500,000.00 ZZ GOLDBERG NEIL S 360 498,464.07 1 42 SPRINGDALE ROAD 7.375 3,453.38 77 7.125 3,453.38 650,000.00 SCARSDALE NY 10583 1 12/07/95 00 739185 05 02/01/96 0 739185 O 01/01/26 0 1493046 F45/F45 F 215,000.00 ZZ QUALMAN GENE 360 214,102.84 1 16 ALMA ROCK RD 7.500 1,503.31 66 7.250 1,503.31 326,000.00 STAMFORD CT 06903 1 12/08/95 00 739409 05 02/01/96 0 739409 O 01/01/26 0 1493047 F45/F45 F 210,000.00 ZZ VAN IDERSTINE WILLIAM P 360 209,401.35 1 34 TAMARACK DRIVE 7.750 1,504.47 80 7.500 1,504.47 263,000.00 ROXBURY NJ 07876 1 12/08/95 00 739458 05 02/01/96 0 739458 O 01/01/26 0 1493048 F45/F45 F 276,000.00 ZZ MARTIN BRIAN R 360 275,251.80 1 19 CENTER STREET 8.000 2,025.19 80 7.750 2,025.19 345,000.00 WESTPORT CT 06880 1 12/08/95 00 739516 05 02/01/96 0 739516 O 01/01/26 0 1493049 F45/F45 F 270,000.00 ZZ OATES MICHAEL 360 269,009.47 1 1 KINGS GATE ROAD 7.875 1,957.69 74 7.625 1,957.69 365,000.00 MONTEBELLO NY 10901 1 12/08/95 00 739565 05 02/01/96 0 739565 O 01/01/26 0 1493050 F45/F45 F 224,000.00 ZZ RIZZO MICHAEL J 360 223,328.78 1 112 SHELLBANK PLACE 7.500 1,566.24 76 7.250 1,566.24 295,000.00 1 ROCKVILLE CENTR NY 11570 1 12/11/95 00 740324 05 02/01/96 0 740324 O 01/01/26 0 1493051 F45/F45 F 344,000.00 ZZ HANNA ADEL F 360 343,043.68 1 124 SPLIT OAK DRIVE 7.875 2,494.24 80 7.625 2,494.24 435,000.00 EAST NORWICH NY 11732 1 12/11/95 00 740373 05 02/01/96 0 740373 O 01/01/26 0 1493052 F45/F45 F 64,000.00 ZZ KOTELAWALA USHA 360 63,830.82 44 360 RIVERSIDE DRIVE #2D 8.125 475.20 80 7.875 475.20 81,000.00 NEW YORK NY 10025 1 12/11/95 00 740381 11 02/01/96 0 740381 O 01/01/26 0 1493053 F45/F45 F 368,000.00 ZZ PETROSINI ROBERT J 360 366,950.96 1 ONE LEDGEMOOR LANE 7.750 2,636.40 80 7.500 2,636.40 460,000.00 WESTPORT CT 06880 1 12/11/95 00 740530 05 02/01/96 0 740530 O 01/01/26 0 1493054 F45/F45 F 237,600.00 ZZ POPA DAVID M 360 236,833.17 1 8 WALDEN DRIVE 7.125 1,600.76 80 6.875 1,600.76 299,000.00 CLINTON TOWNSHI NJ 08801 1 12/12/95 00 740647 03 02/01/96 0 740647 O 01/01/26 0 1493055 F45/F45 F 220,000.00 ZZ DEJOSEPH, JR JOSEPH 360 219,403.61 1 138 JANSEN STREET 8.000 1,614.28 69 7.750 1,614.28 320,000.00 STATEN ISLAND NY 10312 1 12/12/95 00 740720 05 02/01/96 0 740720 O 01/01/26 0 1 1493056 F45/F45 F 265,000.00 ZZ SACHS KELLY J 360 264,281.61 1 5 DICKSON LANE 8.000 1,944.48 48 7.750 1,944.48 555,000.00 MOUNT KISCO NY 10549 1 12/12/95 00 740837 05 02/01/96 0 740837 O 01/01/26 0 1493057 F45/F45 F 268,000.00 ZZ MALAYEV ALBERT 360 267,326.69 1 184-34 TUDOR ROAD 8.375 2,036.99 64 8.125 2,036.99 420,000.00 JAMAICA ESTATES NY 11432 1 12/12/95 00 740902 05 02/01/96 0 740902 O 01/01/26 0 1493058 F45/F45 F 225,000.00 ZZ DEROSA JAMES T 360 224,156.65 1 21 SETALCOTT PLACE 7.750 1,611.93 90 7.500 1,611.93 250,000.00 SETAUKET NY 11733 1 12/13/95 10 741124 05 02/01/96 25 741124 O 01/01/26 0 1493059 F45/F45 F 300,000.00 ZZ SABIA VIOLA 360 298,763.74 1 5 ZACHERY TAYLOR STREET 8.375 2,280.22 75 8.125 2,280.22 400,000.00 STONY POINT NY 10977 1 12/13/95 00 741132 05 02/01/96 0 741132 O 01/01/26 0 1493060 F45/F45 F 499,000.00 ZZ SPUNGEN DAVID A 360 497,681.03 5 331 WEST 84TH STREET APT #1 8.125 3,705.06 77 7.875 3,705.06 650,000.00 NEW YORK NY 10024 2 12/13/95 00 741389 13 02/01/96 0 741389 O 01/01/26 0 1493061 F45/F45 F 256,500.00 ZZ DEZFOLI ALLEN 360 255,786.94 1 1 412 FEATHER ROCK DRIVE 7.875 1,859.80 95 7.625 1,859.80 272,500.00 ROCKVILLE MD 20850 1 12/13/95 10 741462 05 02/01/96 30 741462 O 01/01/26 0 1493062 F45/F45 F 230,000.00 ZZ NIVASCH MICHAEL 360 229,392.06 1 40 ROCKLAND DRIVE 8.125 1,707.74 74 7.875 1,707.74 312,000.00 JERICHO NY 11753 1 12/14/95 00 741538 05 02/01/96 0 741538 O 01/01/26 0 1493063 F45/F45 F 348,000.00 ZZ DIC JOSEPH 360 345,012.80 1 325 SUNSET BOULEVARD 7.875 2,523.24 80 7.625 2,523.24 440,000.00 MASSAPEQUA NY 11758 1 12/14/95 00 741546 05 02/01/96 0 741546 O 01/01/26 0 1493064 F45/F45 F 293,250.00 ZZ CHO JOHN 360 292,414.05 1 71-49 JUNO STREET 7.750 2,100.88 84 7.500 2,100.88 350,000.00 FOREST HILLS NY 11375 1 12/14/95 10 741553 05 02/01/96 25 741553 O 01/01/26 0 1493065 F45/F45 F 261,350.00 ZZ CRIST PETER A 360 260,485.55 1 62 WAGNER ROAD 7.000 1,738.77 84 6.750 1,738.77 312,000.00 STOCKTON NJ 08559 1 12/14/95 04 741603 05 02/01/96 12 741603 O 01/01/26 0 1493066 F45/F45 F 315,000.00 ZZ SANDERS RICHARD L 360 314,056.08 1 100 HILTON AVE., UNIT 520E 7.500 2,202.53 72 7.250 2,202.53 440,000.00 GARDEN CITY NY 11530 1 12/14/95 00 741892 01 02/01/96 0 1 741892 O 01/01/26 0 1493067 F45/F45 F 272,000.00 ZZ LIPKA ROBERT H 360 271,243.84 1 3 GLORY ROAD 7.875 1,972.19 80 7.625 1,972.19 340,000.00 WESTON CT 06883 1 12/15/95 00 742049 05 02/01/96 0 742049 O 01/01/26 0 1493068 F45/F45 F 235,000.00 ZZ PACKER EDWARD L 240 233,300.21 1 68 NANCY BOULEVARD 8.000 1,965.63 80 7.750 1,965.63 295,000.00 MERRICK NY 11566 2 12/15/95 00 742148 05 02/01/96 0 742148 O 01/01/16 0 1493069 F45/F45 F 260,000.00 ZZ SALCEDO JUAN C 360 259,295.16 1 173A OLD ALBANY POST ROAD 8.000 1,907.79 80 7.750 1,907.79 325,000.00 COLD SPRING NY 10516 1 12/15/95 00 742684 05 02/01/96 0 742684 O 01/01/26 0 1493071 F45/F45 F 296,000.00 ZZ LOMBARDO JOSEPH 360 295,156.22 1 119 REMINGTON RD 7.750 2,120.58 79 7.500 2,120.58 375,000.00 RIDGEFIELD CT 06877 1 12/15/95 00 742775 05 02/01/96 0 742775 O 01/01/26 0 1493072 F45/F45 F 300,000.00 ZZ GIORGI MARCO J 360 299,166.00 1 54 HIGHLAND ROAD 7.875 2,175.21 75 7.625 2,175.21 405,000.00 GLEN COVE NY 11542 1 12/15/95 00 742890 05 02/01/96 0 742890 O 01/01/26 0 1 1493073 F45/F45 F 225,600.00 ZZ FRANCO MATTHEW R 360 224,248.61 1 173 GNARLED HOLLOW ROAD 8.125 1,675.07 76 7.875 1,675.07 300,000.00 EAST SETAUKET NY 11733 1 12/15/95 00 742908 05 02/01/96 0 742908 O 01/01/26 0 1493074 F45/F45 F 88,250.00 ZZ MANCUSO MICHELLE T 360 87,992.06 1 12 HAMPTON ROAD 7.625 624.63 74 7.375 624.63 120,000.00 NEW FAIRFIELD CT 06812 1 12/18/95 00 742940 05 02/01/96 0 742940 O 01/01/26 0 1493075 F45/F45 F 283,500.00 ZZ DONAHUE PATRICK G 360 282,671.37 1 23 PARK LANE 7.625 2,006.60 90 7.375 2,006.60 316,000.00 ROCKVILLE CENTR NY 11570 1 12/18/95 11 743146 05 02/01/96 25 743146 O 01/01/26 0 1493076 F45/F45 F 295,000.00 ZZ NICHOLSON JOHN 360 294,116.03 1 14 SANDY COURT 7.500 2,062.68 84 7.250 2,062.68 353,000.00 PORT WASHINGTON NY 11050 1 12/01/95 11 743278 05 02/01/96 12 743278 O 01/01/26 0 1493077 F45/F45 F 350,000.00 ZZ EGBERT ANN B 360 348,977.02 1 2 BAY POINT HARBOUR 7.625 2,477.28 77 7.375 2,477.28 460,000.00 PT. PLEASANT NJ 08742 1 12/18/95 00 743468 01 02/01/96 0 743468 O 01/01/26 0 1493078 F45/F45 F 291,000.00 ZZ KESSLER DAVID L 360 290,128.03 1 38 RUSSET LANE 7.500 2,034.71 89 7.250 2,034.71 329,000.00 1 HUNTINGTON NY 11743 1 12/19/95 01 743591 05 02/01/96 25 743591 O 01/01/26 0 1493079 F45/F45 F 272,500.00 ZZ ZIMMERMAN WARREN 360 271,662.92 1 2 MEAD LANE 7.375 1,882.09 59 7.125 1,882.09 465,000.00 ROSLYN NY 11576 1 12/19/95 00 743658 05 02/01/96 0 743658 O 01/01/26 0 1493080 F45/F45 F 224,000.00 ZZ EL SMAHI BAHAA 360 223,422.72 1 1 SOUTH GLEN AVENUE 8.250 1,682.84 76 8.000 1,682.84 295,000.00 MOUNT ARLINGTON NJ 07856 1 12/19/95 00 743773 05 02/01/96 0 743773 O 01/01/26 0 1493081 F45/F45 F 410,000.00 ZZ KENNEDY MARK T 360 408,676.78 1 409 ROLLING HILLS DRIVE 7.125 2,762.25 65 6.875 2,762.25 635,000.00 FAIRFIELD CT 06432 1 12/19/95 00 743872 05 02/01/96 0 743872 O 01/01/26 0 1493082 F45/F45 F 280,000.00 ZZ ANGELO MARK 360 279,160.97 1 12 WAMPUS AVENUE 7.500 1,957.80 78 7.250 1,957.80 360,000.00 ARMONK NY 10504 1 12/19/95 00 743880 05 02/01/96 0 743880 O 01/01/26 0 1493083 F45/F45 F 251,700.00 ZZ JORDAN JAMES 360 250,966.95 1 14 ARGYLE ROAD 8.375 1,913.10 95 8.125 1,913.10 265,000.00 WESTBURY NY 11590 1 12/20/95 14 744219 05 02/01/96 30 744219 O 01/01/26 0 1 1493085 F45/F45 F 221,250.00 ZZ WEIL JAMES 360 220,634.91 1 1991 BROADWAY, UNIT 26/27C 7.875 1,604.22 74 7.625 1,604.22 300,000.00 NEW YORK NY 10023 1 12/22/95 00 744565 01 02/01/96 0 744565 O 01/01/26 0 1493086 F45/F45 F 228,000.00 ZZ MCCARTHY JOSEPH R 360 227,412.41 1 445 MOUNT AIRY RD 8.250 1,712.89 79 8.000 1,712.89 290,000.00 BERNARDS TWP NJ 07920 1 12/21/95 00 744631 05 02/01/96 0 744631 O 01/01/26 0 1493087 F45/F45 F 234,500.00 ZZ DURRELL STEWART J 360 233,814.59 1 182 EVERETT ROAD 7.625 1,659.78 73 7.375 1,659.78 325,000.00 EASTON CT 06612 2 12/22/95 00 744722 05 02/01/96 0 744722 O 01/01/26 0 1493088 F45/F45 F 252,000.00 ZZ TUMINELLI JULIA C 360 251,225.90 1 78 SEAVIEW AVENUE 7.375 1,740.50 80 7.125 1,740.50 316,000.00 MONMOUTH BEACH NJ 07750 1 12/22/95 00 745240 05 02/01/96 0 745240 O 01/01/26 0 1493089 F45/F45 F 300,000.00 ZZ RIZZUTO PETER J 360 299,007.72 1 6 ASHLEY PLACE 7.000 1,995.91 61 6.750 1,995.91 495,000.00 MONTVILLE NJ 07045 1 12/26/95 00 745364 05 02/01/96 0 745364 O 01/01/26 0 1493090 F45/F45 F 228,000.00 ZZ MOUNT MICHAEL 360 227,582.70 1 1 3 NATALE WAY 8.500 1,753.12 90 8.250 1,753.12 256,000.00 FARMINGDALE, HO NJ 07727 2 12/26/95 10 745463 05 03/01/96 25 745463 O 02/01/26 0 1493091 F45/F45 F 344,000.00 ZZ HOFFMAN DIANA L 360 343,135.74 1 18 FAIRFIELD TERRACE 8.375 2,614.65 79 8.125 2,614.65 440,000.00 MILLBURN TOWNSH NJ 07078 1 12/26/95 00 745471 05 02/01/96 0 745471 O 01/01/26 0 1493092 F45/F45 F 376,000.00 ZZ STOPPELMAN ANDREW 360 375,157.61 1 3 TRAILS END 7.500 2,629.05 41 7.250 2,629.05 925,000.00 CHAPPAQUA NY 10514 2 01/04/96 00 745836 05 03/01/96 0 745836 O 02/01/26 0 1493093 F45/F45 F 420,000.00 ZZ FERRETTI ROBERT S 360 419,148.92 1 11406 GREEN MOOR LANE 8.000 3,081.81 75 7.750 3,081.81 560,000.00 OAKTON VA 22124 2 12/27/95 00 745893 05 03/01/96 0 745893 O 02/01/26 0 1493095 F45/F45 F 315,000.00 ZZ ROTEMAN ROBERT M 360 313,958.13 1 32 NORTH WAY 7.000 2,095.70 70 6.750 2,095.70 455,000.00 CHAPPAQUA NY 10514 1 12/28/95 00 746263 05 02/01/96 0 746263 O 01/01/26 0 1493096 F45/F45 F 400,000.00 ZZ DAVILA RICARDO J 360 399,147.56 1 127 PARSONAGE HILL ROAD 7.750 2,865.65 25 7.500 2,865.65 1,600,000.00 MILLBURN TWP NJ 07078 2 12/28/95 00 746289 05 03/01/96 0 1 746289 O 02/01/26 0 1493097 F45/F45 F 430,000.00 ZZ EISENBERG MARC J 360 428,804.60 1 890 COLONIAL RD 7.875 3,117.80 78 7.625 3,117.80 556,000.00 FRANKLIN LAKES NJ 07417 1 12/28/95 00 746495 05 02/01/96 0 746495 O 01/01/26 0 1493098 F45/F45 F 236,500.00 ZZ BOGART KENNETH M 360 235,768.91 1 21 LT. JOHN A OLSON LANE 7.500 1,653.64 73 7.250 1,653.64 327,000.00 ST. JAMES NY 11780 1 01/17/96 00 746826 05 03/01/96 0 746826 O 02/01/26 0 1493099 F45/F45 F 356,500.00 ZZ MAJNEMER JACOB 360 355,019.11 1 5 MERRIVALE ROAD 7.000 2,371.80 73 6.750 2,371.80 490,000.00 GREAT NECK NY 11021 1 12/29/95 00 746974 05 02/01/96 0 746974 O 01/01/26 0 1493100 F45/F45 F 261,000.00 ZZ KOSHY RACHEL 360 260,178.18 1 17 GEORGIAN ROAD 7.250 1,780.48 88 7.000 1,780.48 297,000.00 RANDOLPH TOWNSH NJ 07869 1 12/29/95 01 746990 05 02/01/96 25 746990 O 01/01/26 0 1493101 F45/F45 F 85,500.00 ZZ SMOLINSKI LINDA 240 85,004.73 1 319 CONSTITUTION DIVE 7.000 662.88 90 6.750 662.88 95,000.00 LACEY NJ 08731 2 01/25/96 11 747071 05 03/01/96 12 747071 O 02/01/16 0 1 1493102 F45/F45 F 258,700.00 ZZ LEMASTER GRANT 360 257,479.34 1 121 CORNWALL HILL ROAD 7.250 1,764.79 90 7.000 1,764.79 288,000.00 PATTERSON NY 12563 1 12/29/95 10 747139 05 02/01/96 30 747139 O 01/01/26 0 1493103 F45/F45 F 388,000.00 ZZ PANOSIAN GARY 360 387,170.78 39 366 BROADWAY APT 10C 7.750 2,779.68 78 7.500 2,779.68 502,000.00 NEW YORK NY 10013 1 01/02/96 00 747394 13 03/01/96 0 747394 O 02/01/26 0 1493104 F45/F45 F 260,000.00 ZZ KNOEDLER JOHN C 360 259,201.31 1 17712 LONG DRAFT ROAD 7.375 1,795.76 80 7.125 1,795.76 327,000.00 GAITHERSBURG MD 20878 1 12/29/95 00 747493 05 02/01/96 0 747493 O 01/01/26 0 1493105 F45/F45 F 240,000.00 ZZ ARCURE ANTHONY R 360 239,549.36 1 3 BUXTON COURT 8.375 1,824.17 80 8.125 1,824.17 300,000.00 BRICK NJ 08724 1 01/03/96 00 747725 05 03/01/96 0 747725 O 02/01/26 0 1493106 F45/F45 F 253,800.00 ZZ LOKAIYAN GOVINDA R 360 253,285.71 1 474 ROUND HILL ROAD 8.000 1,862.29 90 7.750 1,862.29 285,000.00 EAST HILLS NY 11577 1 01/03/96 11 747808 05 03/01/96 25 747808 O 02/01/26 0 1493107 F45/F45 F 125,000.00 ZZ HENNESSEY PATRICIA 360 124,719.95 484 170 WEST END AVENUE APT 15P 7.500 874.02 50 7.250 874.02 255,000.00 1 NEW YORK NY 10023 1 01/04/96 00 747980 12 03/01/96 0 747980 O 02/01/26 0 1493108 F45/F45 F 283,500.00 ZZ KORSUN LORI 360 280,891.12 1 44 OLD NORTHPORT ROAD 7.875 2,055.57 90 7.625 2,055.57 315,000.00 HUNTINGTON NY 11743 1 01/05/96 10 748285 05 03/01/96 25 748285 O 02/01/26 0 1493109 F45/F45 F 540,000.00 ZZ RYAN PATRICK 360 538,877.81 1 35 WHITE DEER LANE 7.875 3,915.37 80 7.625 3,915.37 675,000.00 HARRISON NY 10604 1 01/05/96 00 748293 05 03/01/96 0 748293 O 02/01/26 0 1493110 F45/F45 F 320,000.00 ZZ GROSSMAN DAVID S 360 319,300.75 1 12 ORCHARD DRIVE 7.625 2,264.94 80 7.375 2,264.94 401,000.00 WOODBURY NY 11797 1 01/05/96 00 748475 05 03/01/96 0 748475 O 02/01/26 0 1493111 F45/F45 F 212,000.00 ZZ PIZZUTO JERRY 360 211,591.63 1 2734 REMSEN STREET 8.250 1,592.69 79 8.000 1,592.69 269,000.00 BALDWIN NY 11510 1 01/09/96 00 749036 05 03/01/96 0 749036 O 02/01/26 0 1493112 F45/F45 F 304,000.00 ZZ STRIDH ULF L 360 303,368.25 1 60 BANKSVILLE ROAD 7.875 2,204.21 80 7.625 2,204.21 380,000.00 ARMONK NY 10504 1 01/10/96 00 749127 05 03/01/96 0 749127 O 02/01/26 0 1 1493113 F45/F45 F 105,000.00 ZZ SPERBER PETER 360 104,764.74 1 42 LOVELL DRIVE 7.500 734.18 58 7.250 734.18 184,000.00 WANAQUE NJ 07465 5 01/12/96 00 749614 05 03/01/96 0 749614 O 02/01/26 0 1493114 F45/F45 F 125,000.00 ZZ IACCARINO PAUL 360 124,500.20 1 33 MAPLE AVENUE 7.500 874.02 76 7.250 874.02 165,000.00 FARMINGDALE NY 11735 1 01/12/96 00 749663 05 03/01/96 0 749663 O 02/01/26 0 1493115 F45/F45 F 225,000.00 ZZ COOK ROBERT T 360 224,390.05 1 22 WAYNE DRIVE 8.000 1,650.97 70 7.750 1,650.97 325,000.00 NORTHPORT NY 11768 1 01/12/96 00 749671 05 03/01/96 0 749671 O 02/01/26 0 1493116 F45/F45 F 246,400.00 ZZ OLTZ FREDERICK 360 245,805.36 1 30 FAYSON LAKES ROAD 7.125 1,660.04 80 6.875 1,660.04 310,000.00 KINNELON NJ 07405 1 01/12/96 00 749812 05 03/01/96 0 749812 O 02/01/26 0 1493117 F45/F45 F 70,000.00 ZZ BER STEVEN 360 69,850.81 1 221 LONGWOOD DRIVE 7.750 501.49 51 7.500 501.49 138,000.00 MANALAPAN NJ 07726 1 01/12/96 00 749937 01 03/01/96 0 749937 O 02/01/26 0 1493119 F45/F45 F 72,000.00 ZZ AKIZAWA TOSHIYA 360 71,842.68 147 1 175 WEST 73RD ST 5B 7.625 509.61 74 7.375 509.61 98,000.00 NEW YORK NY 10023 1 01/16/96 00 750117 11 03/01/96 0 750117 O 02/01/26 0 1493120 F45/F45 F 232,000.00 ZZ JORDAN DAVID 360 231,493.06 1 15 MAYMONT LANE 7.625 1,642.08 79 7.375 1,642.08 295,000.00 TRUMBULL CT 06611 1 01/16/96 00 750174 05 03/01/96 0 750174 O 02/01/26 0 1493121 F45/F45 F 109,200.00 ZZ HAHN LUCY A 360 108,967.29 1 129 WEST 24TH STREET 7.750 782.32 70 7.500 782.32 156,000.00 BAYONNE NJ 07002 5 01/16/96 00 750182 05 03/01/96 0 750182 O 02/01/26 0 1493122 F45/F45 F 231,500.00 ZZ CARDANEO JAMES P 360 230,981.36 1 3 ENGLISH LANE 7.500 1,618.68 85 7.250 1,618.68 275,000.00 FRANKLIN NJ 08540 2 01/16/96 01 750216 05 03/01/96 12 750216 O 02/01/26 0 1493123 F45/F45 F 96,750.00 ZZ TROWELL JAMES 360 96,538.59 8 220 EAST 12TH NO 5B 7.625 684.79 72 7.375 684.79 135,000.00 NEW YORK NY 10003 1 01/01/96 00 750257 11 03/01/96 0 750257 O 02/01/26 0 1493124 F45/F45 F 122,400.00 ZZ FISHKIN THOMAS J 360 122,037.86 1 128 BEECHWOOD AVENUE 7.750 876.89 80 7.500 876.89 153,000.00 WEST LONG BRANC NJ 07764 1 01/18/96 00 750281 05 03/01/96 0 1 750281 O 02/01/26 0 1493125 F45/F45 F 164,900.00 ZZ MAXIMOS SAMIR L 360 164,482.00 1 178 WEST 32ND STREET 6.875 1,083.28 85 6.625 1,083.28 195,000.00 BAYONNE NJ 07002 1 01/16/96 10 750299 05 03/01/96 12 750299 O 02/01/26 0 1493126 F45/F45 F 170,000.00 ZZ CHABROL VINCENT 240 169,059.00 1 14 SALEM STREET 7.375 1,356.54 68 7.125 1,356.54 250,000.00 GREENWICH CT 06807 2 01/16/96 00 750323 05 03/01/96 0 750323 O 02/01/16 0 1493127 F45/F45 F 130,000.00 ZZ TAMBERELLI THOMAS D 360 129,749.59 1 720 PINE STREET 8.250 976.65 71 8.000 976.65 185,000.00 FRANKLIN SQUARE NY 11010 1 01/16/96 00 750356 05 03/01/96 0 750356 O 02/01/26 0 1493128 F45/F45 F 140,000.00 ZZ SMITH CAROLYN R 360 139,723.39 1 100 SHEARWATER CT. APT 36 8.125 1,039.50 80 7.875 1,039.50 175,000.00 JERSEY CITY NJ 07306 1 01/17/96 00 750364 08 03/01/96 0 750364 O 02/01/26 0 1493129 F45/F45 F 60,000.00 ZZ DZIERZANOWSKI ROBERT 360 59,868.88 1 174 SAPPHIRE LANE 7.625 424.68 74 7.375 424.68 82,000.00 FRANKLIN NJ 08823 2 01/17/96 00 750406 01 03/01/96 0 750406 O 02/01/26 0 1 1493130 F45/F45 F 82,000.00 ZZ FRANZOSO DANIEL J 360 81,806.95 1 229 ANN STREET 7.250 559.38 66 7.000 559.38 125,000.00 MILLSTONE NJ 08876 2 01/17/96 00 750455 05 03/01/96 0 750455 O 02/01/26 0 1493131 F45/F45 F 156,000.00 ZZ DITIZIO ROBERT A 360 155,566.92 1 114 COLONY LANE 7.750 1,117.60 77 7.500 1,117.60 205,000.00 SYOSSET NY 11791 1 01/17/96 00 750505 05 03/01/96 0 750505 O 02/01/26 0 1493132 F45/F45 F 279,000.00 ZZ HAMMER WARREN I 360 278,343.12 1 551 CANOE HILL ROAD 7.250 1,903.27 47 7.000 1,903.27 595,000.00 NEW CANAAN CT 06840 2 01/25/96 00 750521 05 03/01/96 0 750521 O 02/01/26 0 1493133 F45/F45 F 136,950.00 ZZ BRANN ANITA 360 136,672.49 1 448 EAST 49TH STREET 8.000 1,004.89 95 7.750 1,004.89 145,000.00 BROOKLYN NY 11203 1 01/17/96 04 750554 05 03/01/96 30 750554 O 02/01/26 0 1493134 F45/F45 F 260,000.00 ZZ DE SCIORA EDWARD A 360 259,417.49 1 94 WOODHILL LANE 7.500 1,817.96 62 7.250 1,817.96 423,000.00 MANHASSET NY 11030 1 01/17/96 00 750588 05 03/01/96 0 750588 O 02/01/26 0 1493135 F45/F45 F 85,600.00 ZZ BUSTAMANTE JOSE 360 81,313.63 1 14 STEGMAN COURT 7.875 620.66 79 7.625 620.66 109,000.00 1 JERSEY CITY NJ 07305 1 01/17/96 00 750620 05 03/01/96 0 750620 O 02/01/26 0 1493136 F45/F45 F 90,000.00 ZZ CONNOLLY RUTH B 360 89,782.80 1 504 PHILADELPHIA AVE 7.125 606.35 62 6.875 606.35 147,000.00 CAPE MAY NJ 08204 5 01/18/96 00 750695 05 03/01/96 0 750695 O 02/01/26 0 1493137 F45/F45 F 235,600.00 ZZ LINDNER MICHAEL P 360 235,002.81 1 5 BOWIE PLACE 6.875 1,547.72 80 6.625 1,547.72 295,000.00 COLTS NECK NJ 07722 1 01/18/96 00 750760 05 03/01/96 0 750760 O 02/01/26 0 1493138 F45/F45 F 108,000.00 ZZ PILATO TIMOTHY D 360 107,775.57 1 427 DUNELLEN AVENUE 7.875 783.07 78 7.625 783.07 139,000.00 DUNELLEN NJ 08812 1 01/18/96 00 750778 05 03/01/96 0 750778 O 02/01/26 0 1493139 F45/F45 F 83,700.00 ZZ SMITH SHEILA M 360 83,487.83 1 186 MELVILLE AVENUE 6.875 549.85 90 6.625 549.85 93,000.00 LAKEWOOD NJ 08701 1 01/18/96 01 750794 05 03/01/96 25 750794 O 02/01/26 0 1493140 F45/F45 F 152,100.00 ZZ ERROA MANUEL D 360 151,741.89 1 78-30 64TH PLACE 7.250 1,037.59 90 7.000 1,037.59 170,000.00 GLENDALE NY 11385 1 01/18/96 01 750802 05 03/01/96 25 750802 O 02/01/26 0 1 1493142 F45/F45 F 240,000.00 ZZ OLIJSLAGER NICOLAAS C 360 239,501.24 1 129 WHITENACK RD 7.875 1,740.17 75 7.625 1,740.17 320,000.00 BERNARDS TWP NJ 07920 5 01/18/96 00 750901 05 03/01/96 0 750901 O 02/01/26 0 1493143 F45/F45 F 257,000.00 ZZ BARTFELD PETER M 360 256,452.31 1 735 MULBERRY PLACE 7.750 1,841.18 80 7.500 1,841.18 323,500.00 NORTH WOODMERE NY 11581 1 01/18/96 00 750992 05 03/01/96 0 750992 O 02/01/26 0 1493144 F45/F45 F 250,000.00 ZZ NOWAK KATHLEEN 360 249,530.58 1 25 STONEWALL LANE 8.375 1,900.18 82 8.125 1,900.18 305,000.00 CONGERS NY 10920 1 01/18/96 10 751065 05 03/01/96 25 751065 O 02/01/26 0 1493145 F45/F45 F 120,000.00 ZZ SPINOSA PAUL 360 119,737.79 1 101 E GREAT CREEK ROAD 7.625 849.35 71 7.375 849.35 170,000.00 GALLOWAY TOWNSH NJ 08201 2 01/18/96 00 751081 05 03/01/96 0 751081 O 02/01/26 0 1493146 F45/F45 F 231,200.00 ZZ VISCONTI ANTHONY E 360 230,694.37 1 6 WOODFIELD ROAD 7.875 1,676.36 80 7.625 1,676.36 290,000.00 POMONA NY 10970 1 01/18/96 00 751131 05 03/01/96 0 751131 O 02/01/26 0 1493147 F45/F45 F 137,000.00 ZZ AIELLO JON 360 136,693.08 1 1 4 SALONGA WOODS ROAD 7.500 957.92 58 7.250 957.92 237,000.00 FT. SALONGA NY 11768 1 01/18/96 00 751222 05 03/01/96 0 751222 O 02/01/26 0 1493148 F45/F45 F 290,800.00 ZZ COLON VICTOR 360 289,943.81 1 42 FLAT ROCK DRIVE 6.750 1,886.12 80 6.500 1,886.12 365,000.00 RIDGEFIELD CT 06877 1 01/23/96 00 751420 05 03/01/96 0 751420 O 02/01/26 0 1493149 F45/F45 F 340,000.00 ZZ FERRARO JOHN A 360 339,238.27 1 1 HARNESS COURT 7.500 2,377.33 78 7.250 2,377.33 440,000.00 PURDYS NY 10578 1 01/19/96 00 751453 03 03/01/96 0 751453 O 02/01/26 0 1493150 F45/F45 F 244,000.00 ZZ VORBACH JAMES 360 243,530.01 1 6 WEST MALL DRIVE 8.250 1,833.09 80 8.000 1,833.09 306,000.00 HUNTINGTON NY 11743 1 01/19/96 00 751479 05 03/01/96 0 751479 O 02/01/26 0 1493151 F45/F45 F 63,000.00 ZZ DOWD LORRAINE A 360 62,875.53 1 116 DARI DRIVE 8.125 467.77 42 7.875 467.77 150,000.00 HOLBROOK NY 11741 5 01/19/96 00 751487 03 03/01/96 0 751487 O 02/01/26 0 1493152 F45/F45 F 75,000.00 ZZ REID ANDREW 360 74,855.55 1 40-41 166TH STREET 8.250 563.45 30 8.000 563.45 250,000.00 FLUSHING NY 11358 5 01/19/96 00 751503 05 03/01/96 0 1 751503 O 02/01/26 0 1493153 F45/F45 F 120,000.00 ZZ QUIETT ANITA J 360 119,731.14 1 251 PARK AVENUE 7.500 839.06 71 7.250 839.06 169,000.00 HUNTINGTON NY 11743 1 01/19/96 00 751537 05 03/01/96 0 751537 O 02/01/26 0 1493154 F45/F45 F 188,000.00 ZZ MCGUIRE MICHAEL T 360 187,019.14 1 103 MEADOW STREET 6.875 1,235.03 73 6.625 1,235.03 260,000.00 GARDEN CITY NY 11530 1 01/19/96 00 751586 05 03/01/96 0 751586 O 02/01/26 0 1493155 F45/F45 F 88,300.00 ZZ POWELL EARL C 360 88,065.01 1 79 NORTH DAWES AVENUE 6.625 565.39 93 6.375 565.39 95,000.00 KINGSTON PA 18704 1 01/19/96 01 751651 05 03/01/96 30 751651 O 02/01/26 0 1493156 F45/F45 F 166,400.00 ZZ JOHNSON-SALTER WENDY E 360 165,796.63 1 60 REVOLUTIONARY ROAD 7.125 1,121.07 80 6.875 1,121.07 210,000.00 OSSINING NY 10562 1 01/22/96 00 751891 05 03/01/96 0 751891 O 02/01/26 0 1493157 F45/F45 F 212,000.00 ZZ SORACE CLAUDIO P 360 211,525.06 1 14 HILLVALE ROAD 7.500 1,482.33 79 7.250 1,482.33 270,000.00 SYOSSET NY 11791 1 01/22/96 00 751909 05 03/01/96 0 751909 O 02/01/26 0 1 1493158 F45/F45 F 133,000.00 ZZ MEEK MARTHA J 360 132,694.52 1 75 LANCASTER ROAD 7.375 918.60 94 7.125 918.60 141,500.00 WOODBRIDGE NJ 07067 1 01/22/96 01 751941 05 03/01/96 30 751941 O 02/01/26 0 1493159 F45/F45 F 460,000.00 ZZ LIPSTEIN BARRY 360 459,067.86 1 38 ROBERTS ROAD 8.000 3,375.32 64 7.750 3,375.32 725,000.00 NEW CITY NY 10956 5 01/23/96 00 752204 05 03/01/96 0 752204 O 02/01/26 0 1493160 F45/F45 F 162,000.00 ZZ WEISMAN MICHELE 360 161,461.38 1 58 GENTRY DRIVE 7.875 1,174.61 90 7.625 1,174.61 180,000.00 ENGLEWOOD NJ 07631 2 01/23/96 04 752212 01 03/01/96 25 752212 O 02/01/26 0 1493161 F45/F45 F 128,700.00 ZZ O'CONNELL MARGARET 360 128,404.40 1 9 GERALD LANE 7.375 888.90 90 7.125 888.90 144,000.00 HAMPTON BAYS NY 11946 1 01/23/96 01 752279 05 03/01/96 30 752279 O 02/01/26 0 1493162 F45/F45 F 157,000.00 ZZ SONG KEY R 360 156,689.82 1 45-22 194TH STREET 8.125 1,165.72 56 7.875 1,165.72 283,500.00 FLUSHING NY 11358 5 01/23/96 00 752352 05 03/01/96 0 752352 O 02/01/26 0 1493163 F45/F45 F 287,000.00 ZZ CLARKE JOHN M 360 286,307.38 1 30 GAYNOR AVENUE 7.125 1,933.57 77 6.875 1,933.57 375,000.00 1 MANHASSET NY 11030 1 01/23/96 00 752428 05 03/01/96 0 752428 O 02/01/26 0 1493164 F45/F45 F 375,000.00 ZZ MOULTON ROBERT 360 373,410.73 1 29 REVERE ROAD 7.250 2,558.16 65 7.000 2,558.16 577,000.00 MANHASSET NY 11030 1 01/23/96 00 752436 05 03/01/96 0 752436 O 02/01/26 0 1493165 F45/F45 F 243,750.00 ZZ HIGBEE GEORGE K 360 243,256.07 1 169 SOUTH MANNHEIM AVE 8.000 1,788.55 75 7.750 1,788.55 325,000.00 GALLOWAY TWP NJ 08215 2 01/24/96 00 752501 05 03/01/96 0 752501 O 02/01/26 0 1493167 F45/F45 F 40,000.00 ZZ ENCARNACION JR ERNESTO C 360 39,561.33 59 78-14 AUSTIN STREET APT 5G 7.500 279.69 80 7.250 279.69 50,000.00 FOREST HILLS NY 11375 1 01/24/96 00 752576 11 03/01/96 0 752576 O 02/01/26 0 1493168 F45/F45 F 156,275.00 ZZ GALLAGHER THERESA 360 155,648.26 1 3 INDIAN HEAD DRIVE 7.875 1,133.10 95 7.625 1,133.10 165,000.00 SAYVILLE NY 11782 1 01/24/96 10 752600 05 03/01/96 30 752600 O 02/01/26 0 1493169 F45/F45 F 280,000.00 ZZ SALVO CHRISTOPHA 360 279,372.69 1 110 INDIAN FIELD RD 7.500 1,957.80 74 7.250 1,957.80 380,000.00 GREENWICH CT 06830 1 01/24/96 00 752634 05 03/01/96 0 752634 O 02/01/26 0 1 1493170 F45/F45 F 150,000.00 ZZ KAMMERLING DIANE 360 149,725.46 1 235 WEST END AVENUE UNIT 16D 8.500 1,153.37 75 8.250 1,153.37 200,000.00 NEW YORK NY 10023 2 01/24/96 00 752766 01 03/01/96 0 752766 O 02/01/26 0 1493171 F45/F45 F 433,000.00 ZZ BERGGREN BRADLEY S 360 431,875.29 1 33 BONNIE BROOK ROAD 6.750 2,808.43 78 6.500 2,808.43 557,500.00 WESTPORT CT 06880 1 01/24/96 00 752832 05 03/01/96 0 752832 O 02/01/26 0 1493172 F45/F45 F 118,800.00 ZZ BERTMAN NOEL 360 118,426.51 1 21 FREMONT STREET 7.875 861.38 90 7.625 861.38 132,000.00 LINDENHURST NY 11757 1 01/26/96 01 752915 05 03/01/96 25 752915 O 02/01/26 0 1493173 F45/F45 F 542,000.00 T SAMAAN SELIM 360 540,785.73 1 4875 NASSAU POINT ROAD 7.500 3,789.74 61 7.250 3,789.74 902,000.00 CUTCHOGUE NY 11935 2 01/25/96 00 752949 05 03/01/96 0 752949 O 02/01/26 0 1493174 F45/F45 F 299,200.00 ZZ LEWIS DAVID E 360 298,495.56 1 170 BARCLAY DRIVE 7.250 2,041.07 80 7.000 2,041.07 374,000.00 STAMFORD CT 06903 1 01/25/96 00 753038 05 03/01/96 0 753038 O 02/01/26 0 1493175 F45/F45 F 150,000.00 ZZ O'CONNELL DAVID 360 149,688.30 1 1 400 CENTER STREET 7.875 1,087.60 93 7.625 1,087.60 162,500.00 CARLSTADT NJ 07072 1 01/25/96 01 753046 05 03/01/96 30 753046 O 02/01/26 0 1493176 F45/F45 F 193,600.00 ZZ MCMANUS THOMAS 360 193,155.33 1 37 DIANA COURT 7.375 1,337.15 76 7.125 1,337.15 255,000.00 WADING RIVER NY 11792 1 01/25/96 00 753087 05 03/01/96 0 753087 O 02/01/26 0 1493177 F45/F45 F 134,000.00 ZZ MASTERS NEIL S 360 133,692.23 1 658 FOCH BOULEVARD 7.375 925.50 58 7.125 925.50 235,000.00 WILLISTON PARK NY 11596 5 01/25/96 00 753111 05 03/01/96 0 753111 O 02/01/26 0 1493178 F45/F45 F 408,000.00 ZZ FRANK RONALD 360 407,152.12 1 30 IRVING DRIVE 7.875 2,958.28 80 7.625 2,958.28 515,000.00 WOODBURY NY 11797 2 01/25/96 00 753145 05 03/01/96 0 753145 O 02/01/26 0 1493179 F45/F45 F 120,000.00 ZZ GORTON WILLIAM R 360 119,680.64 1 21 THUNDERBIRD DRIVE 6.625 768.37 40 6.375 768.37 300,000.00 OAKLAND NJ 07436 1 01/25/96 00 753269 05 03/01/96 0 753269 O 02/01/26 0 1493180 F45/F45 F 149,000.00 ZZ TAORMINA VINCENZO 360 148,649.20 1 153 HEREFORD STREET 7.250 1,016.44 94 7.000 1,016.44 160,000.00 STATEN ISLAND NY 10308 1 01/25/96 11 753301 05 03/01/96 30 1 753301 O 02/01/26 0 1493181 F45/F45 F 154,000.00 ZZ SANTIAGO HARRY 360 153,663.49 1 184 ELMWOOD DRIVE 7.625 1,090.00 79 7.375 1,090.00 195,000.00 ELMWOOD PARK NJ 07407 1 01/25/96 00 753327 05 03/01/96 0 753327 O 02/01/26 0 1493182 F45/F45 F 228,200.00 ZZ LIPSKI ROBERT A 360 227,725.75 1 109 TOMAHAWK STREET 7.875 1,654.61 79 7.625 1,654.61 290,000.00 GRANITE SPRINGS NY 10527 1 01/25/96 00 753400 05 03/01/96 0 753400 O 02/01/26 0 1493183 F45/F45 F 95,000.00 ZZ HAWTHORNE JERRY 360 94,781.80 1 45 FRANKLIN CORNER ROAD 7.375 656.14 56 7.125 656.14 170,000.00 LAWRENCEVILLE T NJ 08648 5 01/25/96 00 753418 05 03/01/96 0 753418 O 02/01/26 0 1493184 F45/F45 F 326,750.00 ZZ LANGBEIN JEFFREY A 360 326,017.97 1 10 ELSA WAY 7.500 2,284.68 90 7.250 2,284.68 365,000.00 NORTHAMPTON TWP PA 18954 1 01/25/96 04 753467 05 03/01/96 25 753467 O 02/01/26 0 1493185 F45/F45 F 64,000.00 ZZ INCORVAIA JUNE E 360 63,867.01 1 38 CLARK COURT 7.875 464.04 80 7.625 464.04 80,000.00 RUTHERFORD NJ 07070 1 01/25/96 00 753491 01 03/01/96 0 753491 O 02/01/26 0 1 1493186 F45/F45 F 203,000.00 ZZ MORAN JAMES M 360 202,533.74 1 103 HUNTINGTON ROAD 7.375 1,402.07 77 7.125 1,402.07 265,000.00 GARDEN CITY NY 11530 1 01/26/96 00 753533 05 03/01/96 0 753533 O 02/01/26 0 1493187 F45/F45 F 203,000.00 ZZ FRIEDMAN RODGER 360 202,141.43 1 RR1, 12 STERLING PINES 7.500 1,419.41 77 7.250 1,419.41 265,000.00 TUXEDO, TOWN OF NY 10987 1 01/26/96 00 753582 03 03/01/96 0 753582 O 02/01/26 0 1493188 F45/F45 F 300,800.00 ZZ MIESEL JR. VICTOR H 360 300,091.77 1 129 LEE DR 7.250 2,051.99 80 7.000 2,051.99 376,000.00 FAIRFIELD CT 06430 1 01/26/96 00 753624 05 03/01/96 0 753624 O 02/01/26 0 1493189 F45/F45 F 182,000.00 ZZ MCGUIRE JACK L 240 181,066.84 1 463 PRINCETON AVENUE 8.000 1,522.32 60 7.750 1,522.32 305,000.00 BRICK NJ 08724 2 01/26/96 00 753699 05 03/01/96 0 753699 O 02/01/16 0 1493190 F45/F45 F 138,700.00 ZZ WELLS TIMOTHY D 360 138,404.43 1 120 SHERMAN AVENUE 7.750 993.66 72 7.500 993.66 194,000.00 TEANECK NJ 07666 5 01/26/96 00 753707 05 03/01/96 0 753707 O 02/01/26 0 1493191 F45/F45 F 70,000.00 ZZ OZEHOSKI RAYMOND J 360 69,818.17 1 309 MONROE AVENUE 6.750 454.02 63 6.500 454.02 112,000.00 1 EDGEWATER PARK NJ 08010 5 01/26/96 00 753723 05 03/01/96 0 753723 O 02/01/26 0 1493192 F45/F45 F 110,200.00 ZZ MORALES DIEGO 360 109,953.12 1 66 JULIET STREET 7.500 770.53 92 7.250 770.53 120,000.00 NEW BRUNSWICK NJ 08901 1 01/26/96 10 753749 05 03/01/96 30 753749 O 02/01/26 0 1493194 F45/F45 F 203,100.00 ZZ SOUT PAVEL N 360 201,671.35 1 131 ROCK ROAD 7.875 1,472.62 77 7.625 1,472.62 264,000.00 WAYNE NJ 07470 1 01/29/96 00 753962 03 03/01/96 0 753962 O 02/01/26 0 1493195 F45/F45 F 90,000.00 ZZ TESTA GARY J 360 89,793.27 1 11 PEONY ROAD 7.375 621.61 70 7.125 621.61 129,900.00 LEVITTOWN NY 11756 1 01/26/96 00 754242 05 03/01/96 0 754242 O 02/01/26 0 1493196 F45/F45 F 190,000.00 ZZ SIEGEL NORA 360 189,518.40 1 904 FOXBORO DRIVE 6.875 1,248.16 80 6.625 1,248.16 240,000.00 NORWALK CT 06851 1 01/26/96 00 754283 01 03/01/96 0 754283 O 02/01/26 0 1493197 F45/F45 F 150,000.00 ZZ MEYER JERRY 240 149,156.99 1 148 CIRCLE AVENUE 7.250 1,185.56 74 7.000 1,185.56 205,000.00 RIDGEWOOD NJ 07450 5 01/26/96 00 754291 05 03/01/96 0 754291 O 02/01/16 0 1 1493198 F45/F45 F 166,600.00 T BASILICE JOSEPH P 360 166,262.41 1 2405 BAYSHORE ROAD 8.000 1,222.45 70 7.750 1,222.45 238,000.00 GREENPORT NY 11944 1 01/26/96 00 754309 05 03/01/96 0 754309 O 02/01/26 0 1493199 F45/F45 F 394,000.00 ZZ NASRA MAGDY A 360 393,095.42 1 27 WILLOW BROOK ROAD 8.000 2,891.03 85 7.750 2,891.03 465,000.00 HOLMDEL NJ 07733 2 01/29/96 11 754440 05 04/01/96 12 754440 O 03/01/26 0 1493200 F45/F45 F 89,000.00 T COCHRANE JAMES R 360 88,109.73 1 1610 CENTRAL AVENUE 7.500 622.30 58 7.250 622.30 155,000.00 SURF CITY NJ 08008 5 01/29/96 00 754473 05 04/01/96 0 754473 O 03/01/26 0 1493201 F45/F45 F 91,000.00 ZZ COCHRANE JAMES R 360 90,864.50 1 181 WEST LAKE AVE 7.500 636.29 74 7.250 636.29 124,000.00 RAHWAY NJ 07065 5 01/29/96 00 754481 05 04/01/96 0 754481 O 03/01/26 0 1493202 F45/F45 F 352,000.00 ZZ BERMAN HOWARD 360 351,321.98 8 69 MURRAY STREET, THIRD FLOOR 8.250 2,644.46 80 8.000 2,644.46 443,500.00 NEW YORK NY 10007 1 01/29/96 00 754507 12 03/01/96 0 754507 O 02/01/26 0 1493203 F45/F45 F 236,000.00 T MARKS STEPHEN 360 235,457.96 1 1 43 EAST SHORE ROAD 7.375 1,629.99 76 7.125 1,629.99 312,000.00 SOUTHAMPTO NY 11968 1 01/29/96 00 754515 05 03/01/96 0 754515 O 02/01/26 0 1493204 F45/F45 F 172,800.00 ZZ NOSTRO KENNETH R 360 172,317.17 1 65 FLEETS COVE ROAD 7.750 1,237.96 90 7.500 1,237.96 192,000.00 HUNTINGTON NY 11743 1 01/29/96 10 754564 05 03/01/96 25 754564 O 02/01/26 0 1493205 F45/F45 F 562,000.00 ZZ ZAFONTE LOUIS 360 561,019.92 1 35 AUSTIN HILL ROA 7.250 3,833.83 66 7.000 3,833.83 860,000.00 POUND RIDGE NY 10576 2 01/29/96 00 754580 05 04/01/96 0 754580 O 03/01/26 0 1493206 F45/F45 F 123,200.00 ZZ MELHORN CURT H 360 122,879.99 1 923 SOUTHERN DRIVE 6.750 799.07 72 6.500 799.07 172,000.00 FRANKLIN SQUARE NY 11010 1 01/29/96 00 754606 05 03/01/96 0 754606 O 02/01/26 0 1493207 F45/F45 F 125,000.00 ZZ SPINELLI SR. SALVATORE 360 124,733.60 1 5 GREENFIELDS DRIVE 7.750 895.52 66 7.500 895.52 190,950.00 LAKEWOOD NJ 08701 1 01/29/96 00 754663 03 03/01/96 0 754663 O 02/01/26 0 1493208 F45/F45 F 85,000.00 ZZ BOYER JOSEPH C 360 84,879.63 1 25 A/K/A 27 STUYVESANT AVE 7.750 608.95 38 7.500 608.95 225,000.00 KEARNY NJ 07032 5 01/29/96 00 754671 05 04/01/96 0 1 754671 O 03/01/26 0 1493209 F45/F45 F 342,000.00 ZZ PFEFER STEVEN 360 341,271.17 1 25 BUCKOUT ROAD 7.750 2,450.13 88 7.500 2,450.13 390,000.00 WHITE PLAINS NY 10604 1 01/29/96 10 754739 03 03/01/96 25 754739 O 02/01/26 0 1493211 F45/F45 F 125,400.00 ZZ GIBNEY JAMES 360 125,088.12 1 32 KYNOR AVENUE 6.875 823.79 91 6.625 823.79 138,000.00 HOPATCONG NJ 07874 2 01/01/96 10 754796 05 04/01/96 30 754796 O 03/01/26 0 1493212 F45/F45 F 240,000.00 ZZ FELL STANLEY 360 239,668.58 1 60 CABIN RIDGE ROAD 7.875 1,740.17 58 7.625 1,740.17 420,000.00 CHAPPAQUA NY 10514 5 01/30/96 00 754853 05 04/01/96 0 754853 O 03/01/26 0 1493213 F45/F45 F 184,000.00 ZZ TZANETOS JOHN 360 183,555.96 1 1400 RHODE AVENUE 7.125 1,239.64 78 6.875 1,239.64 236,000.00 MERRICK NY 11566 1 01/30/96 00 754911 05 03/01/96 0 754911 O 02/01/26 0 1493214 F45/F45 F 66,000.00 ZZ OLSON ALAN 360 65,894.14 2 25-27 MYRTLE AVENUE 7.125 444.65 38 6.875 444.65 175,000.00 NORTH PLAINFIEL NJ 07060 5 01/30/96 00 754929 05 04/01/96 0 754929 O 03/01/26 0 1 1493215 F45/F45 F 260,000.00 ZZ KOPROSKI JEFFREY J 360 259,340.95 1 6 BOAS LANE 6.875 1,708.01 84 6.625 1,708.01 310,000.00 WILTON CT 06807 1 01/30/96 01 754960 05 03/01/96 12 754960 O 02/01/26 0 1493216 F45/F45 F 127,600.00 ZZ GIORDANO MICHAEL 360 127,354.21 1 3 IROQUOIS RD 8.250 958.62 80 8.000 958.62 159,500.00 OSSINING NY 10562 1 01/30/96 00 754994 05 03/01/96 0 754994 O 02/01/26 0 1493217 F45/F45 F 170,000.00 ZZ KAUFMAN LAWRENCE J 360 169,569.08 1 28 LEDGEWAY RD 6.875 1,116.78 61 6.625 1,116.78 280,000.00 REDDING CT 06896 1 01/30/96 00 755140 05 03/01/96 0 755140 O 02/01/26 0 1493218 F45/F45 F 66,400.00 ZZ CARDOSO YVETTE 240 66,163.09 1 307 FOURTH STREET 7.625 540.00 80 7.375 540.00 83,000.00 OCEAN NJ 08758 2 01/30/96 00 755231 05 04/01/96 0 755231 O 03/01/16 0 1493220 F45/F45 F 141,000.00 ZZ MIHALCHICK GEORGE J 360 140,691.90 1 2540 DAMIAN DRIVE 7.625 997.99 75 7.375 997.99 189,000.00 UPPER MORELAND PA 19040 1 01/30/96 00 755322 05 03/01/96 0 755322 O 02/01/26 0 1493221 F45/F45 F 165,000.00 ZZ FRIEDMAN STANLEY C 240 164,382.05 1 5 WINDING WOODS WAY 7.500 1,329.23 59 7.250 1,329.23 280,000.00 1 MANALAPAN NJ 07726 5 01/31/96 00 755363 05 04/01/96 0 755363 O 03/01/16 0 1493222 F45/F45 F 256,900.00 ZZ NEWFIELD KEITH B 360 256,324.45 1 7 PATSY PLACE 7.500 1,796.28 70 7.250 1,796.28 367,000.00 GREAT NECK NY 11023 1 01/31/96 00 755470 05 03/01/96 0 755470 O 02/01/26 0 1493223 F45/F45 F 30,000.00 ZZ GREEN SR GEORGE W 360 29,923.96 1 59 CHEROKEE DRIVE 6.875 197.08 36 6.625 197.08 85,000.00 GALLOWAY TOWNSH NJ 08201 1 01/31/96 00 755496 01 03/01/96 0 755496 O 02/01/26 0 1493224 F45/F45 F 247,000.00 ZZ TOWNLEY MICHAEL R 360 246,403.92 1 561 MOUNTAIN AVENUE 7.125 1,664.08 89 6.875 1,664.08 280,000.00 BERKELEY HEIGHT NJ 07922 1 01/31/96 11 755520 05 03/01/96 25 755520 O 02/01/26 0 1493225 F45/F45 F 188,000.00 ZZ HORSTMANN JOSEPH 360 187,609.31 1 29 RIVERS ROAD 7.875 1,363.13 80 7.625 1,363.13 235,000.00 EAST HAMPTON NY 11937 1 01/31/96 00 755538 05 03/01/96 0 755538 O 02/01/26 0 1493226 F45/F45 F 434,800.00 ZZ LINDGREN DOUGLAS A 360 433,642.80 1 115 DUDLEY ROAD 6.625 2,784.07 80 6.375 2,784.07 545,000.00 WILTON CT 06897 1 01/31/96 00 755553 05 03/01/96 0 755553 O 02/01/26 0 1 1493227 F45/F45 F 286,000.00 ZZ BONITATIBUS JERRY 360 284,600.39 1 1215 PARK LANE 7.875 2,073.70 80 7.625 2,073.70 358,000.00 YORKTOWN HEIGHT NY 10598 1 01/31/96 00 755686 05 03/01/96 0 755686 O 02/01/26 0 1493228 F45/F45 F 272,000.00 ZZ STANEZAI SHAH M 360 271,390.63 1 6355 ALDERMAN DRIVE 7.500 1,901.86 79 7.250 1,901.86 345,000.00 ALEXANDRIA VA 22315 1 01/31/96 00 755728 03 03/01/96 0 755728 O 02/01/26 0 1493229 F45/F45 F 370,000.00 ZZ BAILENSON LEONARD 360 369,171.07 1 RUSTIC RIDGE COURT 7.500 2,587.09 71 7.250 2,587.09 525,000.00 YORKTOWN HEIGHT NY 10598 1 01/31/96 00 755744 05 03/01/96 0 755744 O 02/01/26 0 1493230 F45/F45 F 186,400.00 ZZ BARRIE TODD 360 185,666.74 1 21 MEADOW PLACE 7.750 1,335.39 78 7.500 1,335.39 239,500.00 NORTHPORT NY 11768 1 01/31/96 00 755751 05 03/01/96 0 755751 O 02/01/26 0 1493231 F45/F45 F 175,000.00 ZZ ARTHUR MITCHELL 360 174,408.52 1 88 KENSINGTON AVENUE 7.625 1,238.64 85 7.375 1,238.64 208,000.00 NORWOOD NJ 07648 1 01/31/96 01 755785 05 03/01/96 25 755785 O 02/01/26 0 1493232 F45/F45 F 205,000.00 ZZ DEBRIZZI NANCY 360 204,359.60 1 1 173 SILVER BEECH ROAD 7.625 1,450.98 62 7.375 1,450.98 335,000.00 SOUTHBURY CT 06488 1 01/31/96 00 755843 05 03/01/96 0 755843 O 02/01/26 0 1493233 F45/F45 F 252,000.00 ZZ BATTIPAGLIA MICHAEL G 360 251,421.21 1 30 OLD WEST MOUNTAIN ROAD 7.375 1,740.50 80 7.125 1,740.50 315,000.00 RIDGEFIELD CT 06877 1 01/31/96 00 755850 05 03/01/96 0 755850 O 02/01/26 0 1493234 F45/F45 F 94,500.00 ZZ WALSH MICHAEL W 360 94,303.62 1 5 REVERE DRIVE 7.875 685.19 75 7.625 685.19 126,000.00 TINTON FALLS NJ 07712 1 01/31/96 00 755900 05 03/01/96 0 755900 O 02/01/26 0 1493235 F45/F45 F 140,000.00 ZZ RUIVO JOSE S 360 139,775.42 2 160 WILSON AVENUE 7.125 943.21 71 6.875 943.21 198,000.00 KEARNY NJ 07032 2 02/01/96 00 755942 05 04/01/96 0 755942 O 03/01/26 0 1493236 F45/F45 F 75,000.00 ZZ SETTICASE ANTHONY 360 74,737.39 2 463 HOBSON AVENUE 7.500 524.41 33 7.250 524.41 228,000.00 SADDLE BROOK NJ 07662 5 02/01/96 00 755975 05 04/01/96 0 755975 O 03/01/26 0 1493237 F45/F45 F 180,000.00 ZZ DRUCKER STEVEN B 360 179,751.45 1 28 MILL HILL LANE 7.875 1,305.12 80 7.625 1,305.12 225,000.00 EAST HAMPTON NY 11937 1 02/01/96 00 755983 05 04/01/96 0 1 755983 O 03/01/26 0 1493238 F45/F45 F 200,000.00 ZZ STAFFORD AUDREY 360 199,716.79 1 680 SCUTTLE HOLE ROOD 7.750 1,432.82 48 7.500 1,432.82 425,000.00 WATER MILL NY 11976 1 02/01/96 00 755991 05 04/01/96 0 755991 O 03/01/26 0 1493239 F45/F45 F 95,000.00 ZZ MICHAELS KENNETH 360 94,843.80 1 16 HEMLOCK AVENUE 7.000 632.04 67 6.750 632.04 143,000.00 DEER PARK NY 11729 1 02/01/96 00 756007 05 04/01/96 0 756007 O 03/01/26 0 1493240 F45/F45 F 239,400.00 ZZ TEPPER ALAN 360 238,786.96 1 2873 BEACH DRIVE 7.500 1,673.92 88 7.250 1,673.92 275,000.00 MERRICK NY 11566 2 02/01/96 01 756015 05 04/01/96 25 756015 O 03/01/26 0 1493241 F45/F45 F 170,000.00 ZZ LIVESEY KEVIN M 360 169,776.83 1 1145 MAPLECREST CIRCLE WEST 8.125 1,262.25 66 7.875 1,262.25 260,000.00 LOWER MERION PA 19035 2 02/01/96 00 756023 05 04/01/96 0 756023 O 03/01/26 0 1493242 F45/F45 F 250,400.00 ZZ ANTONELLI-LADEFOGED DINA 360 250,036.37 1 599 WEST SADDLE RIVER RD 7.625 1,772.32 80 7.375 1,772.32 315,000.00 UPPER SADDLE NJ 07458 1 02/01/96 00 756064 05 04/01/96 0 756064 O 03/01/26 0 1 1493243 F45/F45 F 350,000.00 ZZ STEMPER JR GEORGE G 360 349,516.69 1 702 COLONIAL RD 7.875 2,537.74 75 7.625 2,537.74 470,000.00 FRANKLIN LAKES NJ 07417 2 02/01/96 00 756080 05 04/01/96 0 756080 O 03/01/26 0 1493244 F45/F45 F 217,000.00 ZZ SIMONI JR JOHN B 360 216,676.89 1 34 BAR BEACH ROAD 7.500 1,517.30 77 7.250 1,517.30 285,000.00 PORT WASHINGTON NY 11050 2 02/01/96 00 756122 05 04/01/96 0 756122 O 03/01/26 0 1493245 F45/F45 F 330,000.00 ZZ CACARO MERRILEE 360 329,520.80 1 9 SHADY MEADOW LANE 7.625 2,335.72 45 7.375 2,335.72 740,000.00 MUTTONTOWN NY 11791 5 02/01/96 00 756130 05 04/01/96 0 756130 O 03/01/26 0 1493246 F45/F45 F 48,750.00 ZZ RAMOS SAMUEL 360 47,669.45 106 83-33 AUSTIN STREET APT 2C 7.375 336.70 75 7.125 336.70 65,000.00 KEW GARDENS NY 11415 1 02/01/96 00 756155 10 04/01/96 0 756155 O 03/01/26 0 1493247 F45/F45 F 144,000.00 ZZ MOCZARSKI JR. PETER J 360 143,790.90 1 1500 PATRICIAN COURT 7.625 1,019.22 80 7.375 1,019.22 180,000.00 PEEKSKILL NY 10566 1 02/01/96 00 756197 05 04/01/96 0 756197 O 03/01/26 0 1493248 F45/F45 F 152,750.00 ZZ RICCIO JOSEPH 300 152,379.17 1 141 FIFTY ACRE ROAD SOUTH 7.125 1,091.82 87 6.875 1,091.82 176,000.00 1 SMITHTOWN NY 11787 1 02/01/96 10 756205 05 04/01/96 25 756205 O 03/01/21 0 1493249 F45/F45 F 186,000.00 ZZ JACOBS DAVID L 360 185,736.59 209 239 EAST 79TH STREET APT 7P 7.750 1,332.53 75 7.500 1,332.53 250,000.00 NEW YORK NY 10021 1 02/01/96 00 756213 10 04/01/96 0 756213 O 03/01/26 0 1493250 F45/F45 F 114,000.00 ZZ MILIAN MARITZA 360 113,817.13 3 115 BERGEN STREET 7.125 768.04 49 6.875 768.04 235,000.00 HARRISON NJ 07029 2 02/01/96 00 756221 05 04/01/96 0 756221 O 03/01/26 0 1493251 F45/F45 F 309,000.00 ZZ BRAMSON GABRIEL 360 308,516.46 1 36 PLUMWOOD ROAD 7.250 2,107.92 60 7.000 2,107.92 515,000.00 BRIARCLIFF MANO NY 10510 1 02/02/96 00 756254 05 04/01/96 0 756254 O 03/01/26 0 1493252 F45/F45 F 170,000.00 ZZ COOLEY DOUGLAS L 360 169,720.50 1 2308 RAMSHORN DRIVE 7.000 1,131.01 57 6.750 1,131.01 302,000.00 WALL NJ 07719 1 02/02/96 00 756262 05 04/01/96 0 756262 O 03/01/26 0 1493253 F45/F45 F 181,800.00 ZZ LOSINNO VITO 360 181,515.50 1 60-10 77TH STREET 7.250 1,240.20 90 7.000 1,240.20 203,000.00 ELMHURST NY 11373 1 02/02/96 11 756452 05 04/01/96 25 756452 O 03/01/26 0 1 1493254 F45/F45 F 484,000.00 ZZ HOFFMAN PETER 360 483,279.36 1 13 BEECHWOOD BOULEVARD 7.500 3,384.20 80 7.250 3,384.20 610,000.00 RYE BROOK NY 10573 1 02/02/96 00 756478 05 04/01/96 0 756478 O 03/01/26 0 1493256 F45/F45 F 67,600.00 ZZ CONSTABLE DOUGLAS 360 67,477.45 1 7 ORCHARD STREET 6.500 427.28 80 6.250 427.28 85,000.00 EAST LYME CT 06351 1 02/02/96 00 756668 05 04/01/96 0 756668 O 03/01/26 0 1493257 F45/F45 F 265,000.00 ZZ SIMS SCOTT F 360 264,634.07 1 42 WINDFALL LANE 7.875 1,921.43 75 7.625 1,921.43 355,000.00 MARLBORO NJ 07746 5 02/05/96 00 756676 05 04/01/96 0 756676 O 03/01/26 0 1493258 F45/F45 F 180,000.00 ZZ FANIZZA JR JOHN A 360 179,725.22 1 405 TRAVERS AVENUE 7.375 1,243.22 65 7.125 1,243.22 280,000.00 MAMARONECK NY 10543 1 02/05/96 00 756742 05 04/01/96 0 756742 O 03/01/26 0 1493260 F45/F45 F 625,000.00 ZZ MONASSEBIAN SANDRA 360 624,136.94 1 22 SPLIT ROCK DRIVE 7.875 4,531.68 57 7.625 4,531.68 1,106,500.00 KINGS POINT NY 11024 1 02/05/96 00 756817 05 04/01/96 0 756817 O 03/01/26 0 1493261 F45/F45 F 925,000.00 ZZ BURNES PETER A 360 923,785.74 1 1 9304 BELMART RD 8.125 6,868.10 70 7.875 6,868.10 1,325,000.00 POTOMAC MD 20854 2 02/05/96 00 756833 05 04/01/96 0 756833 O 03/01/26 0 1493262 F45/F45 F 279,000.00 ZZ CHIA JAMES 360 278,420.21 1 12025 BLACKBERRY TERRACE 7.875 2,022.94 74 7.625 2,022.94 380,000.00 NORTH POTOMAC MD 20878 2 02/01/96 00 756890 05 04/01/96 0 756890 O 03/01/26 0 1493263 F45/F45 F 265,000.00 ZZ FORSTER NEIL B 360 264,564.30 1 15 TANGLEWILD ROAD 7.000 1,763.05 56 6.750 1,763.05 480,000.00 CHAPPAQUA NY 10514 1 02/07/96 00 757005 05 04/01/96 0 757005 O 03/01/26 0 1493264 F45/F45 F 310,000.00 ZZ MCCARTHY CAREY 360 309,571.91 1 330 WEST BEECH STREET 7.875 2,247.72 90 7.625 2,247.72 345,000.00 LONG BEACH NY 11561 1 02/06/96 01 757013 05 04/01/96 25 757013 O 03/01/26 0 1493265 F45/F45 F 308,000.00 ZZ GLENNON MICHAEL 360 306,690.54 1 23 SEAVIEW AVENUE 7.250 2,101.10 75 7.000 2,101.10 415,000.00 MILFORD CT 06460 5 02/06/96 00 757054 05 04/01/96 0 757054 O 03/01/26 0 1493266 F45/F45 F 237,000.00 ZZ SLUYK PATRICK J 360 236,672.73 1 121 BENNINGTON ROAD 7.875 1,718.41 70 7.625 1,718.41 340,000.00 FREEHOLD NJ 07728 1 02/06/96 00 757070 05 04/01/96 0 1 757070 O 03/01/26 0 1493267 F45/F45 F 263,200.00 ZZ SAXON JONATHAN 360 262,745.51 1 197 CATALPA ROAD 6.750 1,707.11 80 6.500 1,707.11 330,000.00 WILTON CT 06897 1 02/06/96 00 757096 05 04/01/96 0 757096 O 03/01/26 0 1493269 F45/F45 F 80,000.00 ZZ MULCAHY JR JOHN W 360 79,875.18 91 175 WEST 92 STREET, #5B 7.750 573.13 44 7.500 573.13 185,000.00 NEW YORK NY 10025 2 02/06/96 00 757153 10 04/01/96 0 757153 O 03/01/26 0 1493270 F45/F45 F 260,000.00 ZZ CHRISTOFFEL DANIEL M 360 259,640.97 1 1 LIGHTHOUSE ROAD 7.875 1,885.18 59 7.625 1,885.18 447,500.00 SANDS POINT NY 11050 1 02/06/96 00 757260 05 04/01/96 0 757260 O 03/01/26 0 1493271 F45/F45 F 201,750.00 ZZ BELL GARY E 360 201,464.30 1 705 WILSON COURT 7.750 1,445.36 75 7.500 1,445.36 269,000.00 LEXINGTON PARK MD 20653 5 02/07/96 00 757369 05 04/01/96 0 757369 O 03/01/26 0 1493272 F45/F45 F 164,000.00 ZZ YEE KEN K 360 163,795.41 1 110-36 62ND DRIVE 8.375 1,246.52 80 8.125 1,246.52 205,000.00 FOREST HILLS NY 11375 1 02/07/96 00 757401 05 04/01/96 0 757401 O 03/01/26 0 1 1493273 F45/F45 F 71,400.00 ZZ TURNER DAVID 360 71,310.93 108 255 W 108TH ST, #2C1 8.375 542.69 68 8.125 542.69 106,000.00 NEW YORK NY 10025 1 02/09/96 00 757419 10 04/01/96 0 757419 O 03/01/26 0 1493274 F45/F45 F 358,000.00 ZZ WELLS ALLEN L 360 357,493.01 1 160 BENNINGTON ROAD 7.750 2,564.76 87 7.500 2,564.76 416,000.00 FREEHOLD NJ 07728 1 02/06/96 10 757468 05 04/01/96 25 757468 O 03/01/26 0 1493275 F45/F45 F 238,000.00 ZZ KHURANA GIRDHAR 360 237,671.34 1 2 LEAMAR DRIVE 7.875 1,725.67 70 7.625 1,725.67 340,000.00 NEW HYDE PARK NY 11040 5 02/07/96 00 757526 05 04/01/96 0 757526 O 03/01/26 0 1493276 F45/F45 F 122,400.00 ZZ RICHEY ROY W 360 122,217.75 1 200 GOTHIC CIRCLE 7.500 855.84 77 7.250 855.84 160,000.00 MANORVILLE NY 11949 1 02/07/96 00 757542 09 04/01/96 0 757542 O 03/01/26 0 1493277 F45/F45 F 80,000.00 ZZ CIORCIARI DANIEL A 360 79,874.81 1 206 PULASKI ROAD 7.250 545.74 52 7.000 545.74 155,000.00 EAST NORTH PORT NY 11731 1 02/08/96 00 757567 05 04/01/96 0 757567 O 03/01/26 0 1493278 F45/F45 F 104,000.00 ZZ MATHIS JR. LAWRENCE A 360 103,824.74 1 57 STAGE ROAD 6.875 683.21 71 6.625 683.21 147,500.00 1 LITTLE EGG HARB NJ 08087 2 02/08/96 00 757591 05 04/01/96 0 757591 O 03/01/26 0 1493279 F45/F45 F 50,000.00 ZZ KURDES EDWARD 360 49,838.49 1 135 EAST MOUNT AVENUE 8.500 384.46 20 8.250 384.46 260,000.00 ATLANTIC HIGHLA NJ 07716 5 02/08/96 00 757716 05 04/01/96 0 757716 O 03/01/26 0 1493280 F45/F45 F 211,500.00 ZZ EVANS WILLIAM 360 211,207.94 1 4 FINCH ROAD 7.875 1,533.52 75 7.625 1,533.52 285,000.00 NORTH SALEM NY 10560 1 02/08/96 00 757765 05 04/01/96 0 757765 O 03/01/26 0 1493281 F45/F45 F 434,000.00 ZZ RESNICK SCOTT A 360 433,369.78 1 125 CEDAR DRIVE 7.625 3,071.82 80 7.375 3,071.82 544,000.00 EAST HILLS NY 11576 1 02/09/96 00 757781 05 04/01/96 0 757781 O 03/01/26 0 1493282 F45/F45 F 200,000.00 ZZ O'BRIEN KEVIN 360 199,679.17 1 29 BALL ROAD 7.125 1,347.44 59 6.875 1,347.44 340,000.00 MOUNTAIN LAKES NJ 07046 5 02/09/96 00 757831 05 04/01/96 0 757831 O 03/01/26 0 1493283 F45/F45 F 140,000.00 ZZ PERSICHILLI RICHARD 360 139,791.55 1 2 SPRUCE AVENUE 7.500 978.90 74 7.250 978.90 191,000.00 FLORAL PARK NY 11001 1 02/09/96 00 757864 05 04/01/96 0 757864 O 03/01/26 0 1 1493285 F45/F45 F 184,500.00 ZZ MONTY BRYAN P 360 184,204.04 1 11 ELIZABETH AVENUE 7.125 1,243.01 69 6.875 1,243.01 270,000.00 WARREN NJ 07059 1 02/22/96 00 757906 05 04/01/96 0 757906 O 03/01/26 0 1493286 F45/F45 F 252,800.00 ZZ PITMAN HENRY 360 252,423.61 1 7 ROOSEVELT STREET 7.500 1,767.61 79 7.250 1,767.61 320,000.00 GARDEN CITY NY 11530 1 02/08/96 00 757914 05 04/01/96 0 757914 O 03/01/26 0 1493288 F45/F45 F 260,000.00 ZZ BERESFORD MICHAEL 360 259,612.87 1 5 QUARTZ LEDGE 7.500 1,817.96 40 7.250 1,817.96 665,000.00 BEDFORD NY 10506 1 02/09/96 00 757963 05 04/01/96 0 757963 O 03/01/26 0 1493289 F45/F45 F 114,000.00 ZZ WENTZ BRIAN W 360 113,830.27 1 27 OLD FARM ROAD 7.500 797.10 78 7.250 797.10 147,000.00 SICKLERVILLE NJ 08081 1 02/09/96 00 758003 05 04/01/96 0 758003 O 03/01/26 0 1493290 F45/F45 F 250,000.00 ZZ KAUFFMAN ALISA G 360 249,627.76 1 59 NORTH CAPTAINS NECK LANE 7.500 1,748.04 69 7.250 1,748.04 364,000.00 SOUTHHAMPTON NY 11968 1 02/09/96 00 758037 05 04/01/96 0 758037 O 03/01/26 0 1493291 F45/F45 F 52,000.00 ZZ ROMERO MANUEL A 360 51,862.10 1 1 35 51ST STREET APT C3 6.875 341.60 73 6.625 341.60 72,000.00 WEEHAWKEN NJ 07087 5 02/22/96 00 758045 01 04/01/96 0 758045 O 03/01/26 0 1493292 F45/F45 F 102,000.00 ZZ MESSEMER KENNETH 360 101,836.39 2 23-18 121 ST. 7.125 687.19 53 6.875 687.19 195,000.00 COLLEGE POINT NY 11356 2 02/09/96 00 758094 05 04/01/96 0 758094 O 03/01/26 0 1493293 F45/F45 F 135,000.00 ZZ MACKAY ANN 360 134,808.81 1 115-20 10TH AVENUE 7.750 967.16 82 7.500 967.16 165,000.00 COLLEGE POINT NY 11356 1 02/12/96 01 758177 05 04/01/96 12 758177 O 03/01/26 0 1493294 F45/F45 F 236,000.00 ZZ CLARKE HOWARD Y 360 235,592.48 1 313 CARDINAL PLACE 6.750 1,530.69 52 6.500 1,530.69 460,000.00 PARAMUS NJ 07652 2 02/20/96 00 758193 05 04/01/96 0 758193 O 03/01/26 0 1493295 F45/F45 F 275,000.00 ZZ SOLOMON DAVID 360 274,398.18 1 66 OLD POND ROAD 7.375 1,899.36 48 7.125 1,899.36 575,000.00 GREAT NECK NY 11023 1 02/09/96 00 758250 05 04/01/96 0 758250 O 03/01/26 0 1493296 F45/F45 F 464,650.00 ZZ HANDLER HOWARD N 360 463,958.17 1 43 BEECHWOOD ROAD 7.500 3,248.90 79 7.250 3,248.90 595,000.00 IRVINGTON NY 10533 2 02/13/96 00 758417 05 04/01/96 0 1 758417 O 03/01/26 0 1493297 F45/F45 F 267,000.00 ZZ ORAZIO JAMES P 360 266,621.89 1 82 CORAL DRIVE 7.750 1,912.82 73 7.500 1,912.82 370,000.00 FAIRFIELD CT 06432 1 02/13/96 00 758425 05 04/01/96 0 758425 O 03/01/26 0 1493298 F45/F45 F 255,000.00 ZZ VENEZIANO ALLEN 360 254,638.88 1 32 VINCENT ROAD 7.750 1,826.85 41 7.500 1,826.85 625,000.00 CEDAR GROVE NJ 07009 5 02/13/96 00 758433 05 04/01/96 0 758433 O 03/01/26 0 1493299 F45/F45 F 100,000.00 ZZ RIPPON KATHRYN M 360 99,851.12 1 110 GROVE STREET 7.500 699.21 55 7.250 699.21 185,000.00 WALDWICK NJ 07463 5 02/13/96 00 758508 05 04/01/96 0 758508 O 03/01/26 0 1493300 F45/F45 F 115,000.00 ZZ SASLAW SCOTT 360 114,554.78 1 4A JAMES STREET 6.875 755.47 70 6.625 755.47 165,000.00 HUNTINGTON STAT NY 11746 5 02/13/96 00 758532 05 04/01/96 0 758532 O 03/01/26 0 1493301 F45/F45 F 141,750.00 ZZ PARIETTI RONALD D 360 141,538.94 1 16 CROTON STREET 7.500 991.14 90 7.250 991.14 158,000.00 MELVILLE NY 11747 1 02/13/96 10 758540 05 04/01/96 25 758540 O 03/01/26 0 1 1493302 F45/F45 F 223,000.00 ZZ MONGELLI JOHN R 360 222,699.74 1 38 DUNCAN ROAD 8.000 1,636.30 50 7.750 1,636.30 449,000.00 HO-HO-KUS NJ 07423 5 02/13/96 00 758581 05 04/01/96 0 758581 O 03/01/26 0 1493303 F45/F45 F 160,000.00 ZZ MARTIN DARYL S 360 159,773.41 1 7 SARAH COURT 7.750 1,146.26 61 7.500 1,146.26 265,000.00 MONMOUTH JUNCTI NJ 08852 1 02/13/96 00 758599 05 04/01/96 0 758599 O 03/01/26 0 1493304 F45/F45 F 197,350.00 ZZ HALLERAN JAMES J 360 197,009.21 1 2 FAIRMOUNT COURT 6.750 1,280.01 76 6.500 1,280.01 263,000.00 JAMESBURG NJ 08831 1 02/13/96 00 758730 03 04/01/96 0 758730 O 03/01/26 0 1493305 F45/F45 F 100,000.00 ZZ CHETKOF LISA A 360 99,858.39 1 2 RICHMOND ROAD, #5W 7.750 716.41 66 7.500 716.41 152,000.00 LIDO BEACH NY 11561 1 02/14/96 00 758755 01 04/01/96 0 758755 O 03/01/26 0 1493306 F45/F45 F 290,000.00 ZZ GOTTLIEB BARRY M 360 289,422.61 1 311 LUPINE WAY 7.000 1,929.38 74 6.750 1,929.38 392,000.00 MILLBURN NJ 07078 1 02/14/96 00 758763 05 04/01/96 0 758763 O 03/01/26 0 1493307 F45/F45 F 85,000.00 ZZ CERENOV OKA 360 84,849.61 1 151 WEST FOURTH STREET 6.625 544.26 70 6.375 544.26 123,000.00 1 HOWELL NJ 07731 5 02/14/96 00 758789 05 04/01/96 0 758789 O 03/01/26 0 1493308 F45/F45 F 290,000.00 ZZ GOIDEL JEFFREY 360 289,609.53 1 7 WINDGATE DRIVE 8.000 2,127.92 78 7.750 2,127.92 375,000.00 NEW CITY NY 10956 1 02/13/96 00 758821 05 04/01/96 0 758821 O 03/01/26 0 1493309 F45/F45 F 135,000.00 ZZ FISHER KAREN J 360 134,798.99 1 93 ARDEN LANE 7.500 943.94 42 7.250 943.94 325,000.00 STAMFORD CT 06905 5 02/14/96 00 761262 05 04/01/96 0 761262 O 03/01/26 0 1493310 F45/F45 F 204,000.00 ZZ WOODRUFF JOHN F 360 203,725.33 1 12 MORAN PLACE 8.000 1,496.88 80 7.750 1,496.88 255,000.00 NEW ROCHELLE NY 10801 1 02/15/96 00 761270 05 04/01/96 0 761270 O 03/01/26 0 1493311 F45/F45 F 135,000.00 ZZ CASEY PATRICK G 360 134,798.99 1 UNIT 16C AT 270 WEST 17TH ST 7.500 943.94 90 7.250 943.94 150,000.00 NEW YORK NY 10011 2 02/14/96 01 761288 01 04/01/96 25 761288 O 03/01/26 0 1493312 F45/F45 F 97,500.00 ZZ VOLZ JOHN 360 97,178.83 1 942 NEVILLE STREET 7.750 698.50 75 7.500 698.50 131,000.00 DOVER TOWNSHIP NJ 08753 5 02/14/96 00 761296 05 04/01/96 0 761296 O 03/01/26 0 1 1493313 F45/F45 F 117,000.00 ZZ BONACCORSI EMIL A 360 116,838.43 1 94 HILDRETH PLACE 7.875 848.33 94 7.625 848.33 125,000.00 YONKERS NY 10704 1 02/14/96 10 761395 05 04/01/96 30 761395 O 03/01/26 0 1493314 F45/F45 F 228,750.00 ZZ REBENSTOCK HOWARD E 360 228,442.00 1 1091 DUSTON ROAD 8.000 1,678.49 75 7.750 1,678.49 305,000.00 NORTH WOODMERE NY 11581 1 02/14/96 00 761437 05 04/01/96 0 761437 O 03/01/26 0 1493315 F45/F45 F 251,200.00 ZZ JARCHO DAVID A 360 250,844.26 1 457 BARRACK HILL RD 7.750 1,799.63 80 7.500 1,799.63 315,000.00 RIDGEFIELD CT 06877 1 02/15/96 00 761486 05 04/01/96 0 761486 O 03/01/26 0 1493316 F45/F45 F 72,000.00 ZZ CONGER ALFRED P 360 71,872.61 1 646 DELAWARE AVENUE 6.625 461.02 66 6.375 461.02 110,000.00 POINT PLEASANT NJ 08742 5 02/15/96 00 761601 05 04/01/96 0 761601 O 03/01/26 0 1493317 F45/F45 F 184,000.00 ZZ MONTAGUE ROBERT L 360 183,758.47 1 14 STONEGATE ROAD 8.125 1,366.19 80 7.875 1,366.19 230,000.00 OSSINING NY 10562 1 02/15/96 00 761627 05 04/01/96 0 761627 O 03/01/26 0 1493318 F45/F45 F 476,800.00 ZZ FLANAGAN JOANNE D 360 476,124.79 1 1 26 BEACON CREST DRIVE 7.750 3,415.85 79 7.500 3,415.85 607,000.00 BERNARDS TOWNSH NJ 07920 1 02/15/96 00 761668 03 04/01/96 0 761668 O 03/01/26 0 1493319 F45/F45 F 226,000.00 ZZ TATUM WILBERT A 360 225,848.36 2 34 EAST 3RD STREET 8.000 1,658.31 31 7.750 1,658.31 750,000.00 NEW YORK NY 10003 2 03/18/96 00 761692 05 05/01/96 0 761692 O 04/01/26 0 1493320 F45/F45 F 90,000.00 ZZ FREEMAN STEPHEN D 360 89,840.75 1 23-16 207TH STREET 6.625 576.28 43 6.375 576.28 210,000.00 BAYSIDE NY 11360 5 02/15/96 00 761700 05 04/01/96 0 761700 O 03/01/26 0 1493321 F45/F45 F 487,500.00 ZZ DAVIDGE NICHOLAS A 360 486,809.64 1 7 FENCE CREEK DRIVE 7.750 3,492.51 75 7.500 3,492.51 650,000.00 MADISON CT 06443 5 02/16/96 00 761726 05 04/01/96 0 761726 O 03/01/26 0 1493322 F45/F45 F 115,000.00 ZZ STANLEY DIANE 360 114,837.15 1 11 ASTRONOMY LANE 7.750 823.87 80 7.500 823.87 145,000.00 LEVITTOWN NY 11756 1 02/15/96 00 761759 05 04/01/96 0 761759 O 03/01/26 0 1493323 F45/F45 F 430,000.00 ZZ HOFF MARK B 360 429,327.09 1 908 LAURIE LANE 7.250 2,933.36 80 7.000 2,933.36 540,000.00 FRANKLIN LAKES NJ 07417 1 02/15/96 00 761791 05 04/01/96 0 1 761791 O 03/01/26 0 1493324 F45/F45 F 230,000.00 ZZ GREENFIELD KENNETH L 360 229,657.55 1 24 MARLIN ROAD 7.500 1,608.19 71 7.250 1,608.19 328,000.00 NEWTOWN CT 06482 2 02/15/96 00 761833 05 04/01/96 0 761833 O 03/01/26 0 1493325 F45/F45 F 106,000.00 ZZ TITUS DAVID 360 105,342.90 1 RR1 CROSS RIDGE ROAD 7.625 750.26 48 7.375 750.26 221,000.00 TUXEDO NY 10987 2 02/15/96 00 761882 05 04/01/96 0 761882 O 03/01/26 0 1493326 F45/F45 F 165,000.00 ZZ ZEOLLA PETER G 360 164,621.40 1 14 BROADOAK LANE 6.875 1,083.93 46 6.625 1,083.93 365,000.00 DIX HILLS NY 11746 5 02/16/96 00 761924 05 04/01/96 0 761924 O 03/01/26 0 1493327 F45/F45 F 160,000.00 ZZ ROMERO JUNE V 360 159,755.76 1 1101 CAMBRIDGE LANE 7.375 1,105.08 64 7.125 1,105.08 250,000.00 BRIDGEWATER NJ 08807 5 02/16/96 00 761957 05 04/01/96 0 761957 O 03/01/26 0 1493328 F45/F45 F 142,000.00 ZZ KHAN ROOKMADEE 360 141,783.23 1 95-27 131ST STREET 7.375 980.76 95 7.125 980.76 150,000.00 RICHMOND HILL NY 11419 1 02/16/96 10 762039 05 04/01/96 30 762039 O 03/01/26 0 1 1493329 F45/F45 F 336,000.00 ZZ MASI PHILIP G 360 335,524.17 1 39 LONDONDERRY LANE 7.750 2,407.15 80 7.500 2,407.15 420,000.00 SOMERS NY 10589 1 02/16/96 00 762146 05 04/01/96 0 762146 O 03/01/26 0 1493330 F45/F45 F 112,500.00 ZZ CARIDEO EDWARD 360 112,295.36 1 63 ABBOTT DRIVE 7.375 777.01 90 7.125 777.01 125,000.00 HUNTINGTON NY 11743 1 02/26/96 01 762203 05 04/01/96 25 762203 O 03/01/26 0 1493331 F45/F45 F 110,000.00 ZZ RIZZO EMILIA F 360 109,592.84 1 15B UNION CORNERS ROAD 7.000 731.83 67 6.750 731.83 165,000.00 WARWICK NY 10990 1 02/16/96 00 762229 05 04/01/96 0 762229 O 03/01/26 0 1493332 F45/F45 F 235,000.00 ZZ GIARDINA PAUL 360 234,667.21 1 8 CYGNET LANE 7.750 1,683.57 74 7.500 1,683.57 320,000.00 VALLEY COTTAGE NY 10989 2 02/16/96 00 762237 05 04/01/96 0 762237 O 03/01/26 0 1493333 F45/F45 F 375,000.00 ZZ GLEESON JOHN 360 374,441.66 1 43 CHERRY LANE 7.500 2,622.05 79 7.250 2,622.05 478,000.00 HUNTINGTON NY 11743 1 02/16/96 00 762252 05 04/01/96 0 762252 O 03/01/26 0 1493334 F45/F45 F 400,000.00 ZZ WELLS THOMAS M 360 399,433.54 1 2013 CARTER MILL WAY 7.750 2,865.65 72 7.500 2,865.65 560,000.00 1 BROOKEVILLE MD 20833 5 02/20/96 00 762294 05 04/01/96 0 762294 O 03/01/26 0 1493335 F45/F45 F 92,000.00 ZZ RADTKE STEPHEN 360 91,872.96 1 12 KENNEDY DRIVE 7.875 667.06 78 7.625 667.06 118,000.00 EAST QUOGUE NY 11942 1 02/20/96 00 762468 05 04/01/96 0 762468 O 03/01/26 0 1493336 F45/F45 F 450,000.00 ZZ MILLER DONNA 360 449,295.80 1 141 TARA DRIVE 7.250 3,069.79 68 7.000 3,069.79 670,000.00 ROSLYN NY 11576 1 02/20/96 00 762534 05 04/01/96 0 762534 O 03/01/26 0 1493338 F45/F45 F 250,000.00 ZZ MOSER ELIZABETHH 360 249,636.97 1 70 URBAN STREET 7.625 1,769.48 40 7.375 1,769.48 640,000.00 STAMFORD CT 06905 2 02/23/96 00 762559 05 04/01/96 0 762559 O 03/01/26 0 1493339 F45/F45 F 150,000.00 ZZ LEE WAN C 360 149,765.27 1 131 SIMPAUG TURNPIKE 7.250 1,023.26 64 7.000 1,023.26 235,000.00 WEST REDDING CT 06896 1 02/20/96 00 762641 05 04/01/96 0 762641 O 03/01/26 0 1493340 F45/F45 F 125,000.00 ZZ OKOLOWICZ SOFIA M 360 124,822.97 1 S. EAST MOUNTAIN ROAD 7.750 895.52 69 COUNTY OF DUTCHES 7.500 895.52 182,000.00 TOWN OF DOVER NY 12594 2 02/21/96 00 762666 05 04/01/96 0 762666 O 03/01/26 0 1 1493341 F45/F45 F 320,000.00 ZZ SCRIVANI EDWARD R 240 318,730.12 1 10 ELK RIDGE ROAD 6.750 2,433.16 80 6.500 2,433.16 400,000.00 LEBANON NJ 07830 2 02/21/96 00 762732 05 04/01/96 0 762732 O 03/01/16 0 1493342 F45/F45 F 312,000.00 ZZ ROBINSON KEVIN 360 311,558.16 1 1857 LONG RIDGE RD 7.750 2,235.21 79 7.500 2,235.21 395,000.00 STAMFORD CT 06903 2 02/21/96 00 762757 05 04/01/96 0 762757 O 03/01/26 0 1493343 F45/F45 F 152,000.00 ZZ MAIORANA JOSEPH P 360 151,773.67 1 4 UNIVERSITY ROAD 7.500 1,062.81 78 7.250 1,062.81 195,000.00 EAST BRUNSWICK NJ 08816 2 02/22/96 00 762799 05 04/01/96 0 762799 O 03/01/26 0 1493344 F45/F45 F 240,000.00 ZZ BIEBER LEE M 360 239,633.64 1 121 RYDER AVENUE 7.375 1,657.62 73 7.125 1,657.62 332,000.00 DIX HILLS NY 11746 1 02/22/96 00 762807 05 04/01/96 0 762807 O 03/01/26 0 1493345 F45/F45 F 115,200.00 ZZ POLO ANTONIO 360 115,116.62 1 441 STEINWAY ROAD 7.625 815.38 89 7.375 815.38 130,000.00 SADDLE BROOK NJ 07663 1 03/01/96 10 762823 05 05/01/96 25 762823 O 04/01/26 0 1493346 F45/F45 F 280,000.00 ZZ GREENBERG HOWARD L 360 279,583.10 1 1 11 OAKWOOD LANE 7.500 1,957.80 75 7.250 1,957.80 375,000.00 WESTPORT CT 06880 1 02/21/96 00 762930 05 04/01/96 0 762930 O 03/01/26 0 1493347 F45/F45 F 310,000.00 ZZ LEE WARREN 360 309,490.30 1 6 OAKSTWAIN ROAD 7.000 2,062.44 72 6.750 2,062.44 435,000.00 SCARSDALE NY 10583 1 02/21/96 00 763003 05 04/01/96 0 763003 O 03/01/26 0 1493348 F45/F45 F 134,000.00 ZZ CAMPANELLI MICHAEL 360 133,819.58 1 22 CHATHAM WOODS DRIVE 8.000 983.24 80 7.750 983.24 168,000.00 CENTEREACH NY 11720 1 02/22/96 00 763136 05 04/01/96 0 763136 O 03/01/26 0 1493349 F45/F45 F 165,000.00 ZZ GRASSI HENRY C 360 164,735.31 1 8 CANDEUB COURT 7.125 1,111.64 53 6.875 1,111.64 315,000.00 MANALAPAN NJ 07726 1 02/22/96 00 763144 05 04/01/96 0 763144 O 03/01/26 0 1493351 F45/F45 F 170,000.00 ZZ CAHILL EDWARD 360 169,727.31 1 145 MOUNTAIN ROAD 7.125 1,145.32 62 6.875 1,145.32 275,000.00 WILTON CT 06897 1 02/22/96 00 763235 05 04/01/96 0 763235 O 03/01/26 0 1493352 F45/F45 F 132,000.00 ZZ MITCHELL BRIAN C 360 131,826.72 1 3640 WOODBRIDGE LANE 8.125 980.10 80 7.875 980.10 165,000.00 WANTAGH NY 11793 1 02/23/96 00 763276 05 04/01/96 0 1 763276 O 03/01/26 0 1493353 F45/F45 F 138,800.00 ZZ TYERECH LOUIS 360 138,582.79 1 27 MEADOW PLACE 7.250 946.86 80 7.000 946.86 175,500.00 FREEHOLD NJ 07728 1 02/23/96 00 763284 05 04/01/96 0 763284 O 03/01/26 0 1493354 F45/F45 F 107,900.00 ZZ LINARDI GEORGE 360 107,713.67 1 35 PLEASANT VIEW DRIVE 6.750 699.84 80 6.500 699.84 135,000.00 SPARTA NJ 07871 1 02/23/96 00 763391 05 04/01/96 0 763391 O 03/01/26 0 1493355 F45/F45 F 260,000.00 ZZ DENSEN LAWRENCE 360 259,320.54 1 3 RIGA LANE 7.625 1,840.26 70 7.375 1,840.26 375,000.00 MELVILLE NY 11747 1 02/26/96 00 763441 05 04/01/96 0 763441 O 03/01/26 0 1493356 F45/F45 F 30,000.00 ZZ SAPORITO PETER 360 29,748.88 1 27 11TH STREET NORTH 6.875 197.08 25 6.625 197.08 120,000.00 BRIGANTINE NJ 08203 5 02/23/96 00 763458 05 04/01/96 0 763458 O 03/01/26 0 1493357 F45/F45 F 376,000.00 ZZ WITSCHEY, JR. JOHN F 360 375,480.78 1 13135 COMPTON ROAD 7.875 2,726.26 79 7.625 2,726.26 480,000.00 CLIFTON VA 22024 2 02/23/96 00 763516 05 04/01/96 0 763516 O 03/01/26 0 1 1493358 F45/F45 F 203,000.00 ZZ WARNER SUZANNE Z 360 202,674.36 1 14 ARNOLD STREET 7.125 1,367.65 62 6.875 1,367.65 330,000.00 GREENWICH CT 06870 2 02/23/96 00 763565 05 04/01/96 0 763565 O 03/01/26 0 1493359 F45/F45 F 455,200.00 ZZ GOLDSTEIN SANFORD M 360 454,487.65 1 4 WOODSFORD BEND 7.250 3,105.27 80 7.000 3,105.27 570,000.00 BRIARCLIFF MANO NY 10510 1 02/26/96 00 763649 05 04/01/96 0 763649 O 03/01/26 0 1493360 F45/F45 F 300,000.00 ZZ RIEGER JOHN E 360 299,585.73 1 111 KENILWORTH ROAD 7.875 2,175.21 74 7.625 2,175.21 408,000.00 RIDGEWOOD NJ 07450 5 02/23/96 00 763680 05 04/01/96 0 763680 O 03/01/26 0 1493361 F45/F45 F 245,000.00 ZZ STUFSKY JEFFREY R 360 244,626.01 1 1 CAITLIN DRIVE 7.375 1,692.15 46 7.125 1,692.15 535,000.00 MARLBORO NJ 07746 2 02/23/96 00 763789 05 04/01/96 0 763789 O 03/01/26 0 1493362 F45/F45 F 174,400.00 ZZ ADAMS ROBERT 360 174,165.18 1 76-16 60TH ROAD 8.000 1,279.69 80 7.750 1,279.69 218,000.00 ELMHURST NY 11373 1 02/21/96 00 763854 05 04/01/96 0 763854 O 03/01/26 0 1493363 F45/F45 F 240,000.00 ZZ LEE EDMUND 360 239,624.43 1 220 SCHENCK AVENUE 7.250 1,637.22 67 7.000 1,637.22 360,000.00 1 GREAT NECK NY 11021 1 02/26/96 00 763862 05 04/01/96 0 763862 O 03/01/26 0 1493364 F45/F45 F 264,000.00 ZZ MALAMED JONATHAN 360 263,635.45 1 12 TAIN DRIVE 7.875 1,914.18 80 7.625 1,914.18 334,000.00 GREAT NECK NY 11023 1 02/26/96 00 763938 05 04/01/96 0 763938 O 03/01/26 0 1493365 F45/F45 F 180,000.00 ZZ BARNETT LOIS T 360 179,876.13 1 369 GUARD HILL ROAD 7.875 1,305.12 23 7.625 1,305.12 800,000.00 BEDFORD NY 10506 5 02/26/96 00 763946 05 05/01/96 0 763946 O 04/01/26 0 1493366 F45/F45 F 80,000.00 T BOLES JOHN 360 79,874.81 1 327 GEORGE STREET 7.250 545.74 62 7.000 545.74 130,000.00 WEST ISLIP NY 11795 1 02/26/96 00 763987 05 04/01/96 0 763987 O 03/01/26 0 1493368 F45/F45 F 450,000.00 ZZ SHAMSI HAMID R 360 449,690.32 1 8 RYAN COURT 7.875 3,262.81 68 7.625 3,262.81 670,000.00 CHESTER NJ 07930 5 02/27/96 00 764100 05 05/01/96 0 764100 O 04/01/26 0 1493369 F45/F45 F 256,000.00 ZZ MENDES RICHARD H 360 255,628.26 1 65 CRANE ROAD 7.625 1,811.95 80 7.375 1,811.95 320,000.00 CARMEL NY 10512 1 02/27/96 00 764134 05 04/01/96 0 764134 O 03/01/26 0 1 1493370 F45/F45 F 63,000.00 ZZ SCHILLER JOSEPHINEM 360 62,953.24 1 829 VOORHEES AVENUE 7.500 440.51 49 7.250 440.51 131,000.00 MIDDLESEX NJ 08846 5 02/26/96 00 764142 05 05/01/96 0 764142 O 04/01/26 0 1493371 F45/F45 F 468,000.00 ZZ HEINEGG PHILIP C 360 467,430.95 1 3 LAKE SHORE DRIVE 8.500 3,598.52 78 8.250 3,598.52 600,000.00 NEW ROCHELLE NY 10804 1 02/28/96 00 764209 05 04/01/96 0 764209 O 03/01/26 0 1493372 F45/F45 F 84,000.00 ZZ SPENCER ONEY 360 83,931.15 1 42 PEARY STREET 7.000 558.85 72 6.750 558.85 118,000.00 WEST BABYLON NY 11704 5 02/27/96 00 764217 05 05/01/96 0 764217 O 04/01/26 0 1493373 F45/F45 F 70,000.00 ZZ LAWRENCE GORDON H 360 69,903.34 1 1001 FUAE AVENUE 7.875 507.55 80 7.625 507.55 88,000.00 NORTHFIELD NJ 08225 1 02/27/96 00 764233 05 04/01/96 0 764233 O 03/01/26 0 1493374 F45/F45 F 104,000.00 ZZ GRIFFIN KENNETH P 360 103,926.60 1 386 BOULEVARD 7.750 745.07 71 7.500 745.07 148,000.00 GARFIELD NJ 07026 5 02/27/96 00 764241 05 05/01/96 0 764241 O 04/01/26 0 1493375 F45/F45 F 268,000.00 ZZ ZEPNICK MATTHEW A 360 266,195.55 1 1 16 HATHAWAY DRIVE 8.625 2,084.48 79 8.375 2,084.48 340,000.00 NEW PROVIDENCE NJ 07974 1 05/01/95 00 764258 05 07/01/95 0 764258 O 06/01/25 0 1493377 F45/F45 F 50,000.00 ZZ DE MATTEIS ARTHUR T 360 49,929.19 1 62 CREEK ROAD 7.750 358.21 90 7.500 358.21 56,000.00 BRICK NJ 08724 1 02/28/96 10 764365 01 04/01/96 25 764365 O 03/01/26 0 1493378 F45/F45 F 245,000.00 ZZ HANFT KEVIN W 360 244,822.68 1 87 BERNARD DRIVE 7.625 1,734.09 54 7.375 1,734.09 459,000.00 BERNARDS TOWNSH NJ 07920 5 02/28/96 00 764407 05 05/01/96 0 764407 O 04/01/26 0 1493379 F45/F45 F 132,000.00 ZZ DETWILER LINDA A 360 131,904.46 1 264 SWEETMAN'S LANE 7.625 934.29 72 7.375 934.29 185,000.00 MILLSTONE NJ 07726 2 02/27/96 00 764506 05 05/01/96 0 764506 O 04/01/26 0 1493380 F45/F45 F 65,000.00 ZZ WILLIAMS ANGELA 360 64,951.76 1 144 DEWEY AVENUE 7.500 454.49 42 7.250 454.49 155,000.00 TOTOWA NJ 07512 5 02/28/96 00 764548 05 05/01/96 0 764548 O 04/01/26 0 1493381 F45/F45 F 240,000.00 ZZ MC GANN PAUL J 360 239,584.50 1 4 VILLAGE ROAD 6.875 1,576.63 78 6.625 1,576.63 310,000.00 FLORHAM PARK NJ 07932 1 02/28/96 00 764647 05 04/01/96 0 1 764647 O 03/01/26 0 1493382 F45/F45 F 333,000.00 ZZ O'HARA JR. THOMAS J 360 332,720.24 1 6205 HALLEY COMMONS COURT 6.875 2,187.57 70 6.625 2,187.57 477,000.00 FAIRFAX STATION VA 22039 5 02/28/96 00 764662 05 05/01/96 0 764662 O 04/01/26 0 1493383 F45/F45 F 775,000.00 ZZ CHMIL STEPHEN 360 774,479.99 1 84 3RD STREET 8.000 5,686.68 68 7.750 5,686.68 1,150,000.00 GARDEN CITY NY 11530 5 02/28/96 00 764761 05 05/01/96 0 764761 O 04/01/26 0 1493384 F45/F45 F 130,000.00 ZZ CINO JOSEPH V 360 129,829.34 1 196 RHODE ISLAND AV 8.125 965.25 78 7.875 965.25 167,000.00 MASSAPEQUA NY 11758 1 02/29/96 00 764795 05 04/01/96 0 764795 O 03/01/26 0 1493385 F45/F45 F 229,500.00 ZZ SEDITSKY ANA 360 229,158.29 1 30 PITTIS AVENUE 7.500 1,604.70 89 7.250 1,604.70 258,000.00 ALLENDALE NJ 07401 1 02/29/96 04 764811 05 04/01/96 25 764811 O 03/01/26 0 1493386 F45/F45 F 148,500.00 ZZ CALDWELL THOMAS G 360 148,261.79 1 101 CORNWALL ROAD 7.125 1,000.47 90 6.875 1,000.47 165,000.00 WARREN CT 06754 1 02/29/96 11 764845 05 04/01/96 25 764845 O 03/01/26 0 1 1493387 F45/F45 F 300,000.00 ZZ CASSETTA SEBASTIANE 360 299,693.97 1 7 MORNINGSIDE LANE 7.250 2,046.53 67 7.000 2,046.53 450,000.00 WESTPORT CT 06880 5 02/29/96 00 764886 05 05/01/96 0 764886 O 04/01/26 0 1493389 F45/F45 F 402,000.00 ZZ DAVIS MARK E 360 401,386.35 1 5 BEACON CREST 7.375 2,776.51 74 7.125 2,776.51 545,000.00 BERNARDS TOWNSH NJ 07920 1 02/29/96 00 764985 05 04/01/96 0 764985 O 03/01/26 0 1493390 F45/F45 F 332,000.00 ZZ GREEN RICHARD L 360 331,747.38 1 38 MOUNTAIN ROAD 7.375 2,293.04 73 7.125 2,293.04 460,000.00 WILTON CT 06897 5 02/29/96 00 765008 05 05/01/96 0 765008 O 04/01/26 0 1493391 F45/F45 F 180,000.00 ZZ FORTUNATO KATHLEEN M 360 177,766.98 1 2374 APPLE RIDGE CIRCLE 8.500 1,384.04 46 8.250 1,384.04 392,000.00 WALL NJ 08736 1 02/29/96 00 765024 03 04/01/96 0 765024 O 03/01/26 0 1493392 F45/F45 F 279,000.00 ZZ HEALY MICHAEL J 360 278,563.40 1 42 ROWAN ROAD 7.250 1,903.27 74 7.000 1,903.27 380,000.00 CHATHAM NJ 07928 1 02/29/96 00 765032 05 04/01/96 0 765032 O 03/01/26 0 1493393 F45/F45 F 117,600.00 ZZ HOPKO DEBORAH 360 117,437.61 1 30 FRANKLIN AVENUE 7.875 852.68 80 7.625 852.68 148,000.00 1 QUIOGUE NY 11978 1 02/29/96 00 765107 05 04/01/96 0 765107 O 03/01/26 0 1493394 F45/F45 F 150,000.00 ZZ HAMILTON JOHN V 360 149,753.38 1 23 BREEZE DRIVE 7.000 997.95 58 6.750 997.95 259,000.00 SOUTH BRUNSWICK NJ 08810 1 02/28/96 00 765123 05 04/01/96 0 765123 O 03/01/26 0 1493395 F45/F45 F 190,000.00 ZZ KRAJA ELEZ 360 189,737.64 2 2009 BOGART AVENUE 7.875 1,377.63 78 7.625 1,377.63 244,000.00 BRONX NY 10462 1 02/29/96 00 765180 05 04/01/96 0 765180 O 03/01/26 0 1493396 F45/F45 F 137,600.00 ZZ ELLIOTT RICHARD A 360 137,389.95 1 5533 CALLANDER DRIVE 7.375 950.37 77 7.125 950.37 181,000.00 SPRINGFIELD VA 22151 1 02/29/96 00 765222 05 04/01/96 0 765222 O 03/01/26 0 1493397 F45/F45 F 295,000.00 ZZ BELL ERNEST D 360 294,807.03 1 7920 LONG BRANCH PARKWAY 8.125 2,190.37 75 7.875 2,190.37 395,000.00 TAKOMA PARK MD 20912 5 02/29/96 00 765248 05 05/01/96 0 765248 O 04/01/26 0 1493398 F45/F45 F 262,000.00 ZZ LENNHOFF DAVID C 240 261,541.19 1 13169 SCARLET OAK DRIVE 7.750 2,150.89 51 7.500 2,150.89 515,000.00 GAITHERSBURG MD 20878 2 02/29/96 00 765271 05 05/01/96 0 765271 O 04/01/16 0 1 1493400 F45/F45 F 105,600.00 ZZ SCHAEFFER FRANK 360 105,527.33 1 383 SOUTH 16TH STREET 7.875 765.67 80 7.625 765.67 132,000.00 LINDENHURST NY 11757 2 02/29/96 00 765297 05 05/01/96 0 765297 O 04/01/26 0 1493401 F45/F45 F 315,500.00 ZZ BARLOW GEOFFREY C 360 315,259.93 1 143 DAVIS HILL RD. 7.375 2,179.08 71 7.125 2,179.08 450,000.00 WESTON CT 06883 5 02/29/96 00 765305 05 05/01/96 0 765305 O 04/01/26 0 1493402 F45/F45 F 116,250.00 ZZ FRANTZ JOSEPH 360 116,093.48 1 112 RUTLAND ROAD 8.000 853.00 75 7.750 853.00 155,000.00 HEMPSTEAD NY 11550 1 02/29/96 00 765370 05 04/01/96 0 765370 O 03/01/26 0 1493403 F45/F45 F 160,000.00 ZZ PASCARELLI ROSANNE 360 159,878.25 1 7 SPINNING WHEEL LANE 7.375 1,105.08 58 7.125 1,105.08 280,000.00 NORWALK CT 06851 5 02/29/96 00 765388 05 05/01/96 0 765388 O 04/01/26 0 1493404 F45/F45 F 160,800.00 ZZ TIERNAN KEITH 360 160,689.34 1 13 ALISTER CIRCLE 7.875 1,165.91 80 7.625 1,165.91 203,000.00 EAST NORTHPORT NY 11731 1 03/06/96 00 765479 05 05/01/96 0 765479 O 04/01/26 0 1493406 F45/F45 F 334,000.00 ZZ SPIEGEL LAWRENCE S 360 333,758.26 1 1 17 BRYCEWOOD DRIVE 7.625 2,364.03 80 7.375 2,364.03 422,000.00 DIX HILLS NY 11746 1 03/01/96 00 765545 05 05/01/96 0 765545 O 04/01/26 0 1493407 F45/F45 F 96,000.00 ZZ DANIELS GERHARDUS 360 95,923.23 1 86 JOHNSON LANE 7.125 646.77 77 6.875 646.77 126,000.00 JACKSON NJ 08527 2 03/01/96 00 765560 05 05/01/96 0 765560 O 04/01/26 0 1493408 F45/F45 F 122,350.00 ZZ DAUGHTREY GORDON 360 122,263.65 1 12 JOHN STREET 7.750 876.53 71 7.500 876.53 174,500.00 MONTVILLE TWP. NJ 07058 2 03/01/96 00 765586 05 05/01/96 0 765586 O 04/01/26 0 1493409 F45/F45 F 412,500.00 ZZ DURAKIS CHARLES A 360 412,216.12 1 11806 WOLLINGFORD COURT 7.875 2,990.91 75 7.625 2,990.91 550,000.00 CLARKSVILLE MD 21029 5 03/01/96 00 765594 05 05/01/96 0 765594 O 04/01/26 0 1493410 F45/F45 F 525,000.00 ZZ SILVERSTEIN MARK K 360 524,600.52 1 77 WOODRIDGE DRIVE 7.375 3,626.04 75 7.125 3,626.04 700,000.00 NEW CANAAN CT 06840 5 03/01/96 00 765644 05 05/01/96 0 765644 O 04/01/26 0 1493411 F45/F45 F 195,000.00 ZZ ALDRICH MICHAEL M 360 194,851.62 1 39 CLUB CIRCLE 7.375 1,346.82 57 7.125 1,346.82 347,500.00 STAMFORD CT 06905 2 03/01/96 00 765669 05 05/01/96 0 1 765669 O 04/01/26 0 1493413 F45/F45 F 315,000.00 ZZ WIETFELDT PETER 360 314,799.14 1 168 FOREST STREET UNIT 2 8.250 2,366.49 90 8.000 2,366.49 350,000.00 NEW CANAAN CT 06840 1 03/01/96 04 765800 01 05/01/96 25 765800 O 04/01/26 0 1493414 F45/F45 F 212,000.00 ZZ PICONE ROBERT L 360 211,764.81 1 34 SOUTH CLINTON AVENUE 8.250 1,592.69 80 8.000 1,592.69 265,000.00 HASTINGS ON HUD NY 10706 1 03/01/96 00 765859 05 05/01/96 0 765859 O 04/01/26 0 1493415 F45/F45 F 71,000.00 ZZ SCHREIER LAWRENCE 360 70,947.31 1 2 MANCHESTER BOULEVARD 7.500 496.44 46 7.250 496.44 155,000.00 WHEATLEY HEIGHT NY 11798 5 03/05/96 00 766089 05 05/01/96 0 766089 O 04/01/26 0 1493416 F45/F45 F 131,800.00 ZZ LORQUET CLAUDE 240 131,579.70 2 149-31 WELLER LANE 8.125 1,112.70 76 7.875 1,112.70 174,000.00 ROSEDALE NY 11422 2 03/19/96 00 766097 05 05/01/96 0 766097 O 04/01/16 0 1493417 F45/F45 F 80,000.00 ZZ PANTANO FRANK C 360 79,386.59 1 374 CLARKE AVENUE 7.375 552.54 32 7.125 552.54 255,000.00 STATEN ISLAND NY 10306 5 03/05/96 00 766113 05 05/01/96 0 766113 O 04/01/26 0 1 1493418 F45/F45 F 137,000.00 ZZ HAMILL PATRICK J 360 136,917.01 1 110 CHURCH STREET 8.500 1,053.41 80 8.250 1,053.41 172,000.00 TOTOWA NJ 07512 1 03/01/96 00 766147 05 05/01/96 0 766147 O 04/01/26 0 1493419 F45/F45 F 276,000.00 ZZ NOLET JR. CHARLES J 360 275,795.17 1 247 TILLOU ROAD 7.500 1,929.83 79 7.250 1,929.83 350,000.00 SOUTH ORANGE VI NJ 07079 2 03/05/96 00 766154 05 05/01/96 0 766154 O 04/01/26 0 1493420 F45/F45 F 248,000.00 ZZ HULINA KATHRYN A 360 247,829.33 1 418 WARREN AVENUE 7.875 1,798.17 80 7.625 1,798.17 310,000.00 MAMARONECK NY 10543 1 03/05/96 00 766170 05 05/01/96 0 766170 O 04/01/26 0 1493421 F45/F45 F 215,000.00 ZZ MADEIRA STEPHEN T 360 214,836.40 1 32 AUTUMN LANE 7.375 1,484.95 35 7.125 1,484.95 630,000.00 NEW CANAAN CT 06840 5 03/05/96 00 766220 05 05/01/96 0 766220 O 04/01/26 0 1493423 F45/F45 F 104,000.00 ZZ KROLIKOWSKI PAUL H 360 103,910.46 1 425 PARK AVENUE 6.750 674.54 76 6.500 674.54 138,000.00 LOWER SALFORD PA 19438 1 03/06/96 00 766295 05 05/01/96 0 766295 O 04/01/26 0 1493424 F45/F45 F 250,000.00 ZZ HOROWITZ JASON 360 249,789.97 1 18 OVERHILL RD 6.875 1,642.32 72 6.625 1,642.32 350,000.00 1 WOODBRIDGE CT 06525 2 03/06/96 00 766386 05 05/01/96 0 766386 O 04/01/26 0 1493425 F45/F45 F 474,000.00 ZZ STONE DANIEL 360 473,620.95 1 8 JOAN DRIVE 7.125 3,193.43 79 6.875 3,193.43 600,000.00 CHAPPAQUA NY 10514 1 03/06/96 00 766477 05 05/01/96 0 766477 O 04/01/26 0 1493426 F45/F45 F 132,000.00 ZZ GILSON ALAN P 360 131,902.04 1 11 DEMOND PLACE 7.500 922.96 80 7.250 922.96 167,000.00 SOMERVILLE NJ 08876 2 03/07/96 00 766584 05 05/01/96 0 766584 O 04/01/26 0 1493428 F45/F45 F 118,000.00 ZZ SPECTOR GREGORY 360 117,903.27 1 300 WINSTON TOWER, UNIT 719 7.000 785.06 79 6.750 785.06 150,000.00 CLIFFSIDE PARK NJ 07010 2 03/07/96 00 766865 01 05/01/96 0 766865 O 04/01/26 0 1493429 F45/F45 F 107,000.00 ZZ MATURI GEORGE J 360 106,926.37 1 45 DEMAREST AVENUE 7.875 775.82 50 7.625 775.82 215,000.00 OAKLAND NJ 07436 5 03/08/96 00 766915 05 05/01/96 0 766915 O 04/01/26 0 1493430 F45/F45 F 147,000.00 ZZ REED KATHERINEB 360 146,401.37 1 UNIT 8D, 825 WEST END AVENUE 8.000 1,078.63 36 7.750 1,078.63 410,000.00 NEW YORK NY 10025 5 03/08/96 00 766931 01 05/01/96 0 766931 O 04/01/26 0 1 1493431 F45/F45 F 92,800.00 ZZ IANETTI SANDRA M 360 92,736.14 1 325 SALEM ROAD 7.875 672.86 78 7.625 672.86 120,000.00 UNION NJ 07083 1 03/08/96 00 766956 05 05/01/96 0 766956 O 04/01/26 0 1493432 F45/F45 F 358,000.00 ZZ DESSAUER GEORGE M 360 357,734.31 1 36 WIDGEON WAY 7.500 2,503.19 69 7.250 2,503.19 525,000.00 GREENWICH CT 06830 2 03/08/96 00 766964 05 05/01/96 0 766964 O 04/01/26 0 1493433 F45/F45 F 70,000.00 ZZ REPSTIEN DOLORES 360 69,951.83 2 279-281 CROOKS AVENUE 7.875 507.55 51 7.625 507.55 139,000.00 PATERSON NJ 07503 2 03/08/96 00 766980 05 05/01/96 0 766980 O 04/01/26 0 1493434 F45/F45 F 128,000.00 ZZ REIGOT THOMAS A 360 127,902.61 1 3 BELLAIRE DRIVE 7.375 884.06 77 7.125 884.06 166,500.00 HUNTINGTON NY 11743 1 03/08/96 00 767012 05 05/01/96 0 767012 O 04/01/26 0 1493435 F45/F45 F 142,100.00 ZZ ESCHMANN KATHRYN R 360 142,002.21 1 115 INWOOD AVENUE 7.875 1,030.32 53 7.625 1,030.32 270,000.00 POINT LOOKOUT NY 11569 1 03/08/96 00 767020 05 05/01/96 0 767020 O 04/01/26 0 1493436 F45/F45 F 109,250.00 ZZ CLADEK, III WALTER E 360 109,174.81 1 1 134 TUNISON ROAD 7.875 792.14 88 7.625 792.14 125,000.00 BRUNSWICK NJ 08901 1 03/08/96 04 767186 05 05/01/96 30 767186 O 04/01/26 0 1493437 F45/F45 F 292,500.00 ZZ BREGMAN JAMES 360 292,282.93 1 5 IVANHOE LANE 7.500 2,045.20 75 7.250 2,045.20 390,000.00 WESTPORT CT 06880 5 03/11/96 00 767251 05 05/01/96 0 767251 O 04/01/26 0 1493438 F45/F45 F 330,000.00 ZZ KLAUM YVONNE C 360 329,761.16 1 22 BERKSHIRE ROAD 7.625 2,335.72 75 7.375 2,335.72 445,000.00 ROCKVILLE CENTR NY 11570 1 03/11/96 00 767269 05 05/01/96 0 767269 O 04/01/26 0 1493439 F45/F45 F 245,000.00 ZZ ROEMER THOMAS 360 244,794.17 1 1 LIBERTY LANE 6.875 1,609.48 78 6.625 1,609.48 315,000.00 MILLSTONE NJ 07726 1 03/14/96 00 767277 05 05/01/96 0 767277 O 04/01/26 0 1493440 F45/F45 F 75,000.00 ZZ GLEICHMANN CRAIG 360 74,942.93 1 33 HOFFMAN STREET 7.375 518.01 55 7.125 518.01 137,500.00 VALLEY STREAM NY 11580 5 03/11/96 00 767301 05 05/01/96 0 767301 O 04/01/26 0 1493441 F45/F45 F 118,350.00 ZZ MOLLOY JOSEPH 360 118,268.55 1 434 WEST CHESTER STREET 7.875 858.12 90 7.625 858.12 132,000.00 LONG BEACH NY 11561 1 03/12/96 10 767442 05 05/01/96 25 1 767442 O 04/01/26 0 1493443 F45/F45 F 65,000.00 ZZ SLATER JULIA M 240 64,887.92 1 108-50 171ST PLACE 7.875 538.64 62 7.625 538.64 105,000.00 JAMAICA NY 11433 5 03/21/96 00 767475 05 05/01/96 0 767475 O 04/01/16 0 1493444 F45/F45 F 288,000.00 ZZ PALEVSKY ARTHUR 360 287,786.26 1 17 DUNHILL RD 7.500 2,013.74 80 7.250 2,013.74 360,000.00 MANHASSET HILLS NY 11040 2 03/12/96 00 767517 05 05/01/96 0 767517 O 04/01/26 0 1493446 F45/F45 F 123,000.00 ZZ FLEMING DENNIS J 240 122,770.97 1 7 STONY WELL COURT 7.250 972.16 79 7.000 972.16 157,000.00 HAMPTON BAYS NY 11946 1 03/12/96 00 767558 05 05/01/96 0 767558 O 04/01/16 0 1493447 F45/F45 F 800,000.00 ZZ QUALLEN MARK E 360 799,420.98 1 5 FORGE RD 7.625 5,662.35 60 7.375 5,662.35 1,350,000.00 WILTON CT 06897 2 03/12/96 00 767566 05 05/01/96 0 767566 O 04/01/26 0 1493448 F45/F45 F 220,000.00 ZZ WIEHL WILLIAM P 360 219,810.58 1 612 PENFIELD ROAD 6.750 1,426.92 67 6.500 1,426.92 330,000.00 FAIRFIELD CT 06430 1 03/12/96 00 767616 05 05/01/96 0 767616 O 04/01/26 0 1 1493449 F45/F45 F 647,000.00 ZZ TROOBOFF STEVAN 360 646,519.83 1 35 DAWN HARBOR LANE 7.500 4,523.92 65 7.250 4,523.92 1,000,000.00 GREENWICH CT 06878 5 03/13/96 00 767624 05 05/01/96 0 767624 O 04/01/26 0 1493450 F45/F45 F 92,000.00 ZZ MONTALVO, JR. EUGENIO 360 91,930.00 1 306-308 VERONA AVENUE 7.375 635.42 92 7.125 635.42 100,000.00 NEWARK NJ 07104 1 03/13/96 04 767681 05 05/01/96 30 767681 O 04/01/26 0 1493451 F45/F45 F 172,000.00 ZZ KRAUSHAAR NORMAN 360 171,872.35 1 408 STUYVESANT STREET 7.500 1,202.65 75 7.250 1,202.65 230,000.00 LACEY NJ 08731 5 03/13/96 00 767707 05 05/01/96 0 767707 O 04/01/26 0 1493453 F45/F45 F 160,000.00 ZZ PELOSO RICHARD 360 159,892.65 1 208 EASTWOODS ROAD 8.000 1,174.02 77 7.750 1,174.02 210,000.00 POUND RIDGE NY 10576 1 03/14/96 00 767822 05 05/01/96 0 767822 O 04/01/26 0 1493454 F45/F45 F 250,000.00 ZZ FALCONE LAWRENCE J 360 249,809.77 1 305 PARK STREET 7.375 1,726.69 76 7.125 1,726.69 330,000.00 STATEN ISLAND NY 10306 1 03/14/96 00 767830 05 05/01/96 0 767830 O 04/01/26 0 1493456 F45/F45 F 150,000.00 ZZ SORACE JAMES P 360 149,906.77 1 918 COUNTRY CLUB ROAD 8.375 1,140.11 63 8.125 1,140.11 240,000.00 1 BRIDGEWATER NJ 08807 5 03/13/96 00 767889 05 05/01/96 0 767889 O 04/01/26 0 1493457 F45/F45 F 149,200.00 ZZ DUNHAM KATHY 360 149,092.01 1 43 FALLSINGTON PLACE 7.625 1,056.03 80 7.375 1,056.03 186,500.00 HOWELL TWP. FRE NJ 07728 1 03/13/96 00 768002 05 05/01/96 0 768002 O 04/01/26 0 1493458 F45/F45 F 212,800.00 ZZ SANTANGELO LARRY 360 212,653.55 1 50 EMERSON AVENUE 7.875 1,542.95 80 7.625 1,542.95 266,000.00 NEW ROCHELLE NY 10801 1 03/14/96 00 768044 05 05/01/96 0 768044 O 04/01/26 0 1493459 F45/F45 F 111,000.00 ZZ VIEIRA DAVID P 360 110,902.06 1 3 WOODLAND HILL R 6.625 710.75 75 6.375 710.75 148,000.00 DANBURY CT 06811 2 03/14/96 00 768051 05 05/01/96 0 768051 O 04/01/26 0 1493461 F45/F45 F 135,850.00 ZZ KERN KEITH 360 135,746.63 1 52 WILSON CIRCLE WEST 7.375 938.28 94 7.125 938.28 146,000.00 MIDDLETOWN NJ 07701 1 03/14/96 04 768168 05 05/01/96 30 768168 O 04/01/26 0 1493462 F45/F45 F 220,000.00 ZZ CALAMIA ANTHONY 360 219,810.58 1 8 CEDAR COURT 6.750 1,426.92 78 6.500 1,426.92 283,000.00 MARLBORO NJ 07746 1 03/15/96 00 768176 05 05/01/96 0 768176 O 04/01/26 0 1 1493463 F45/F45 F 207,000.00 ZZ HYMAN RONNY 360 206,868.01 1 3 CELIA STREET CART 8.250 1,555.12 80 8.000 1,555.12 260,000.00 SUFFERN NY 10901 1 03/15/96 00 768275 05 05/01/96 0 768275 O 04/01/26 0 1493464 F45/F45 F 400,000.00 ZZ HALL DONNA P 360 399,655.61 1 104 RANDI DRIVE 6.750 2,594.39 69 6.500 2,594.39 580,000.00 MADISON CT 06443 5 03/15/96 00 768333 05 05/01/96 0 768333 O 04/01/26 0 1493465 F45/F45 F 137,600.00 ZZ LARRACUENTE JEROME J 360 137,481.53 1 36 MONTERO DRIVE 6.750 892.47 80 6.500 892.47 172,500.00 STRATFORD CT 06497 1 03/15/96 00 768499 05 05/01/96 0 768499 O 04/01/26 0 1493466 F45/F45 F 240,000.00 ZZ FRAGEN ALEXANDER 360 239,808.08 1 18 FAIRPORT RD 7.125 1,616.92 80 6.875 1,616.92 300,000.00 WESTPORT CT 06880 1 03/15/96 00 768556 05 05/01/96 0 768556 O 04/01/26 0 1493467 F45/F45 F 600,000.00 ZZ LYNCH KENNETH M 360 599,565.74 1 VANBEUREN RD.\HOLLY HILL LANE 7.625 4,246.76 35 7.375 4,246.76 1,750,000.00 HARDING NJ 07976 5 03/16/96 00 768580 03 05/01/96 0 768580 O 04/01/26 0 1493468 F45/F45 F 75,000.00 ZZ ORR ROBERT R 360 74,941.50 1 1 61 COOPER HILL ROAD 7.250 511.63 22 7.000 511.63 344,000.00 RIDGEFIELD CT 06877 2 03/15/96 00 768689 05 05/01/96 0 768689 O 04/01/26 0 1493469 F45/F45 F 392,000.00 ZZ LINT ERIC B 360 391,701.72 1 100 HORSESHOE LANE 7.375 2,707.45 80 7.125 2,707.45 495,000.00 FAIRFIELD CT 06430 1 03/15/96 00 768697 05 05/01/96 0 768697 O 04/01/26 0 1493470 F45/F45 F 270,000.00 ZZ BIRD WILLIAM G 360 269,773.17 1 211 WEST 71ST STREET APT. 8A 6.875 1,773.71 75 6.625 1,773.71 360,000.00 NEW YORK NY 10023 1 03/15/96 00 768721 01 05/01/96 0 768721 O 04/01/26 0 1493471 F45/F45 F 224,000.00 ZZ MARS JANICE 360 223,857.16 5 361 WEST 22ND STREET, UNIT 3/4 8.250 1,682.84 80 8.000 1,682.84 280,000.00 NEW YORK NY 10011 1 03/15/96 00 768739 12 05/01/96 0 768739 O 04/01/26 0 1493472 F45/F45 F 492,000.00 ZZ HONOUR LINDA M 360 491,576.40 1 31 ALLENBY LANE 6.750 3,191.10 79 6.500 3,191.10 630,000.00 SCOTCH PLAINS NJ 07076 2 03/15/96 00 768747 05 05/01/96 0 768747 O 04/01/26 0 1493473 F45/F45 F 475,000.00 ZZ ZERBO DONNA M 360 474,681.29 1 10 SENTRY COURT 8.000 3,485.38 53 7.750 3,485.38 900,000.00 BERNARDS TOWNSH NJ 07920 5 03/15/96 00 768754 05 05/01/96 0 1 768754 O 04/01/26 0 1493474 F45/F45 F 348,000.00 ZZ COOK, III THOMAS C 360 347,741.73 1 100 WHITNEY RD 7.500 2,433.27 80 7.250 2,433.27 435,000.00 MILLBURN NJ 07078 1 03/15/96 00 768788 05 05/01/96 0 768788 O 04/01/26 0 1493475 F45/F45 F 100,000.00 ZZ GAMBELLI FRANK E 360 99,927.63 1 718 FAIRVIEW LANE 7.625 707.79 26 7.375 707.79 395,000.00 LACEY TWP. NJ 08731 5 03/15/96 00 768796 05 05/01/96 0 768796 O 04/01/26 0 1493477 F45/F45 F 121,550.00 ZZ MEDINA JOSE M 360 121,459.79 1 530 ALLGAIR AVENUE 7.500 849.90 85 7.250 849.90 144,000.00 NORTH BRUNSWICK NJ 08902 1 03/18/96 10 768820 05 05/01/96 12 768820 O 04/01/26 0 1493478 F45/F45 F 252,000.00 ZZ PETSHAFT DAVID B 360 251,812.98 1 310 SAYBROOK ROAD 7.500 1,762.02 90 7.250 1,762.02 280,000.00 ORANGE CT 06477 1 03/18/96 04 768861 05 05/01/96 25 768861 O 04/01/26 0 1493479 F45/F45 F 179,800.00 ZZ DIAZ JORGE L 360 179,693.84 1 42 EMBREE STREET 8.625 1,398.47 80 8.375 1,398.47 226,000.00 TARRYTOWN NY 10591 1 03/18/96 00 768879 05 05/01/96 0 768879 O 04/01/26 0 1 1493480 F45/F45 F 262,000.00 ZZ HELYER GARRY C 360 261,805.56 1 470 EASTBURY HILL ROAD 7.500 1,831.94 68 7.250 1,831.94 390,000.00 GLASTONBURY CT 06033 2 03/22/96 00 768887 05 05/01/96 0 768887 O 04/01/26 0 1493481 F45/F45 F 550,000.00 ZZ PURNELL CHARLES 360 549,601.92 1 24 WOODLAND PLACE 7.625 3,892.87 69 7.375 3,892.87 800,000.00 SCARSDALE NY 10583 1 03/15/96 00 768911 05 05/01/96 0 768911 O 04/01/26 0 1493482 F45/F45 F 355,000.00 ZZ MARTINOLICH MICHAEL 360 354,709.01 1 215 CIRCLE DRIVE 7.000 2,361.82 67 6.750 2,361.82 530,000.00 PLANDOME MANOR NY 11030 2 03/19/96 00 768929 05 05/01/96 0 768929 O 04/01/26 0 1493483 F45/F45 F 235,000.00 ZZ ROSEN MICHAEL J 360 234,807.37 1 96 WARREN STREET 7.000 1,563.46 75 6.750 1,563.46 315,000.00 SOMERS NY 10589 5 03/19/96 00 768945 05 05/01/96 0 768945 O 04/01/26 0 1493484 F45/F45 F 500,000.00 ZZ MUSCO JOSEPH 360 499,638.11 1 119 KENSETT ROAD 7.625 3,538.97 74 7.375 3,538.97 683,000.00 MANHASSET NY 11030 1 03/19/96 00 768952 05 05/01/96 0 768952 O 04/01/26 0 1493485 F45/F45 F 95,000.00 ZZ COHEN JANET 360 94,927.71 1 308 COURT HOUSE ROAD 7.375 656.14 60 7.125 656.14 160,000.00 1 FRANKLIN SQUARE NY 11010 1 03/19/96 00 768960 05 05/01/96 0 768960 O 04/01/26 0 1493486 F45/F45 F 110,000.00 ZZ GREGORIO LYNN 360 109,742.17 1 94-403 SOUTHFIELD AVENUE 7.500 769.14 49 7.250 769.14 225,000.00 STAMFORD CT 06902 5 03/19/96 00 769000 01 05/01/96 0 769000 O 04/01/26 0 1493487 F45/F45 F 228,000.00 ZZ NIMETZ EVERETT 360 227,803.70 1 14 NEWPORT DRIVE 6.750 1,478.80 76 6.500 1,478.80 303,000.00 PLAINVIEW NY 11803 1 03/18/96 00 769075 05 05/01/96 0 769075 O 04/01/26 0 1493488 F45/F45 F 150,000.00 ZZ BROIDIS JAN E 360 149,877.05 1 72 CLOVE HILL ROAD 7.000 997.95 58 6.750 997.95 260,000.00 GLASTONBURY CT 06033 2 03/18/96 00 769091 05 05/01/96 0 769091 O 04/01/26 0 1493489 F45/F45 F 135,000.00 ZZ OOMS THOMAS 360 134,924.32 1 10 RUCERETO AVENUE 8.875 1,074.12 62 8.625 1,074.12 220,000.00 DUMONT NJ 07628 5 03/18/96 00 769117 05 05/01/96 0 769117 O 04/01/26 0 1493490 F45/F45 F 350,000.00 ZZ COLLINS GREGORY A 360 349,726.96 1 45 SOUTH AWIXA AVE 7.250 2,387.62 58 7.000 2,387.62 610,000.00 BAY SHORE NY 11706 5 03/18/96 00 769133 05 05/01/96 0 769133 O 04/01/26 0 1 1493491 F45/F45 F 141,500.00 ZZ PATTI SALVATOREV 300 140,952.54 1 12 BOND AVENUE 8.000 1,092.12 74 7.750 1,092.12 192,000.00 LAVALLETTE NJ 08735 5 03/18/96 00 769166 05 05/01/96 0 769166 O 04/01/21 0 1493492 F45/F45 F 203,200.00 ZZ MADERA BERNARDO H 360 203,049.20 1 102 PRINCETON DRIVE 7.500 1,420.80 77 7.250 1,420.80 265,000.00 TAPPAN NY 10983 1 03/18/96 00 769182 05 05/01/96 0 769182 O 04/01/26 0 1493493 F45/F45 F 192,000.00 ZZ MURRAY JOHN W 360 191,853.90 1 321 BAKER AVENUE 7.375 1,326.10 58 7.125 1,326.10 335,000.00 WESTFIELD NJ 07090 2 03/08/96 00 769190 05 05/01/96 0 769190 O 04/01/26 0 1493494 F45/F45 F 500,000.00 ZZ PATEL HEMANT 360 499,590.16 1 25 PHEASANT RUN 7.000 3,326.51 69 6.750 3,326.51 725,000.00 SCARSDALE NY 10583 1 03/19/96 00 769208 05 05/01/96 0 769208 O 04/01/26 0 1493495 F45/F45 F 300,000.00 ZZ CASCONE COREY 360 299,798.71 1 5 LAFAYETTE PLACE 8.000 2,201.29 93 7.750 2,201.29 325,000.00 MASSAPEQUA NY 11758 1 03/19/96 11 769216 05 05/01/96 30 769216 O 04/01/26 0 1493496 F45/F45 F 108,000.00 ZZ SVEC JOHN P 360 107,931.13 1 1 2 NORTH PIONEER AVENUE 8.250 811.37 80 8.000 811.37 135,500.00 KINGSTON PA 18708 1 03/21/96 00 770107 05 05/01/96 0 770107 O 04/01/26 0 1493497 F45/F45 F 240,000.00 ZZ GRINDBERG THOMAS 360 239,858.30 1 1075 WINDSOR-PERRINEVILLE ROAD 8.625 1,866.70 80 8.375 1,866.70 300,000.00 MILLSTONE NJ 08535 2 03/19/96 00 770115 05 05/01/96 0 770115 O 04/01/26 0 1493498 F45/F45 F 137,750.00 ZZ SCIEPURA STEPHEN 360 137,655.20 1 79 DEER RUN ROAD 7.875 998.78 94 7.625 998.78 147,000.00 CARMEL NY 10512 1 03/20/96 04 770206 05 05/01/96 30 770206 O 04/01/26 0 1493500 F45/F45 F 234,000.00 ZZ SPATA MICHAEL J 360 233,826.34 1 8 PLYMOUTH ROAD 7.500 1,636.16 90 7.250 1,636.16 260,000.00 ROCKVILLE CENTR NY 11570 1 03/20/96 10 770222 05 05/01/96 25 770222 O 04/01/26 0 1493501 F45/F45 F 412,000.00 ZZ NWASOKWA OBI 360 411,686.50 1 12 LINDEN BLVD 7.375 2,845.58 80 7.125 2,845.58 515,000.00 GREAT NECK NY 11021 1 03/20/96 00 770248 05 05/01/96 0 770248 O 04/01/26 0 1493502 F45/F45 F 600,000.00 ZZ DIERKER ROBERT A 360 599,543.45 1 845 MACKALL AVENUE 7.375 4,144.05 48 7.125 4,144.05 1,250,000.00 MCLEAN VA 22101 2 03/20/96 00 770289 05 05/01/96 0 1 770289 O 04/01/26 0 1493503 F45/F45 F 272,000.00 ZZ YURCHENCO PETER D 360 271,803.13 1 95 SOUTH WIGGINS LANE 7.625 1,925.20 80 7.375 1,925.20 340,000.00 MONTGOMERY NJ 08502 2 03/20/96 00 770305 05 05/01/96 0 770305 O 04/01/26 0 1493504 F45/F45 F 365,000.00 ZZ LYNCH JR. ROBERT H 360 364,722.27 1 22 WEST 15 STREET APT 21D 7.375 2,520.96 69 7.125 2,520.96 533,000.00 NEW YORK NY 10011 1 03/20/96 00 770313 01 05/01/96 0 770313 O 04/01/26 0 1493505 F45/F45 F 200,000.00 ZZ GARSON MITCHELL A 360 199,847.82 1 11 OKUN COURT 7.375 1,381.35 50 7.125 1,381.35 400,000.00 MARLBORO NJ 07726 2 03/20/96 00 770339 05 05/01/96 0 770339 O 04/01/26 0 1493506 F45/F45 F 180,000.00 ZZ GRAMIERI MARIA R 360 179,841.19 1 33 DEBRA DRIVE 6.625 1,152.56 66 6.375 1,152.56 275,000.00 SOUTH BRUNSWICK NJ 08810 2 03/20/96 00 770388 05 05/01/96 0 770388 O 04/01/26 0 1493507 F45/F45 F 115,000.00 ZZ SCHAFFER ADAM 360 114,908.03 1 34 FIRST AVENUE 7.125 774.78 80 6.875 774.78 145,000.00 MONROE TWP NJ 08884 1 03/20/96 00 770420 05 05/01/96 0 770420 O 04/01/26 0 1 1493508 F45/F45 F 288,000.00 ZZ ZELEN ROBERT L 360 287,796.73 1 4 STANLEY ROAD 7.750 2,063.27 67 7.500 2,063.27 435,000.00 WHITE PLAINS NY 10605 5 03/20/96 00 770461 05 05/01/96 0 770461 O 04/01/26 0 1493509 F45/F45 F 175,000.00 ZZ REINER DAVID 360 174,845.61 1 36 EVERETT ROAD 6.625 1,120.54 43 6.375 1,120.54 408,000.00 DEMAREST NJ 07627 1 03/21/96 00 770487 05 05/01/96 0 770487 O 04/01/26 0 1493510 F45/F45 F 86,650.00 ZZ GILHAM MICHAEL J 360 86,390.80 1 119 OVERLOOK DRIVE 7.500 605.87 85 7.250 605.87 102,000.00 UNION TOWNSHIP NJ 08809 1 03/21/96 04 770511 01 05/01/96 30 770511 O 04/01/26 0 1493511 F45/F45 F 115,000.00 ZZ KRONER DONALD 360 114,940.38 1 11 APPLE COURT 9.250 946.08 39 9.000 946.08 300,000.00 NANUET NY 10954 5 03/21/96 00 770529 05 05/01/96 0 770529 O 04/01/26 0 1493512 F45/F45 F 300,000.00 ZZ SAMBERG PETER 360 299,777.36 1 55 WHITETAIL ROAD 7.500 2,097.64 63 7.250 2,097.64 478,000.00 IRVINGTON NY 10533 5 03/01/96 00 770545 05 05/01/96 0 770545 O 04/01/26 0 1493513 F45/F45 F 986,000.00 ZZ GREEN GEORGE J 360 985,304.10 1 72 SHERWOOD AVENUE 7.750 7,063.82 34 7.500 7,063.82 2,900,000.00 1 GREENWICH CT 06830 5 03/21/96 00 770560 05 05/01/96 0 770560 O 04/01/26 0 1493514 F45/F45 F 100,000.00 ZZ ROTHMAN ELLEN S 360 99,934.58 1 2102 HARVEST COURT 8.125 742.50 50 7.875 742.50 200,000.00 HANOVER TWP NJ 07981 1 03/21/96 00 770586 01 05/01/96 0 770586 O 04/01/26 0 1493515 F45/F45 F 600,000.00 T QUICK PERRY D 360 599,597.41 1 160 GREEN COVE POINT WAY 8.000 4,402.59 71 7.750 4,402.59 850,000.00 CENTREVILLE MD 21617 5 03/21/96 00 770644 05 05/01/96 0 770644 O 04/01/26 0 1493517 F45/F45 F 235,000.00 ZZ CHARLES PAUL 360 234,821.18 1 48 WRIGHT ROAD 7.375 1,623.09 73 7.125 1,623.09 325,000.00 ROCKVILLE CENTR NY 11570 1 03/22/96 00 770834 05 05/01/96 0 770834 O 04/01/26 0 1493518 F45/F45 F 245,000.00 ZZ FRAWLEY ROBERT C 360 244,813.58 1 8 FAWN MEADOW LANE 7.375 1,692.15 64 7.125 1,692.15 385,000.00 SHELTON CT 06484 2 03/22/96 00 770883 05 05/01/96 0 770883 O 04/01/26 0 1493519 F45/F45 F 335,000.00 ZZ TAYLOR TAYLOR T 360 334,763.56 1 82 OLD STONE HILL 7.750 2,399.98 85 7.500 2,399.98 395,000.00 POUND RIDGE NY 10576 1 03/22/96 10 770925 05 05/01/96 12 770925 O 04/01/26 0 1 1493521 F45/F45 F 246,000.00 ZZ DURANT GREGORY J 360 245,817.43 1 571 STANGLE ROAD 7.500 1,720.07 80 7.250 1,720.07 310,000.00 BRIDGEWATE NJ 08836 2 03/22/96 00 771055 05 05/01/96 0 771055 O 04/01/26 0 1493522 F45/F45 F 115,000.00 ZZ MARZELLA FRANCIS 360 114,912.49 1 3 GLENROTHES COURT 7.375 794.28 53 7.125 794.28 220,000.00 JACKSON NJ 08857 1 03/25/96 00 771402 05 05/01/96 0 771402 O 04/01/26 0 1493523 F45/F45 F 267,800.00 ZZ BOCCOLINI JOHN J 360 267,580.49 1 39 LAKE SHORE DRIVE 7.000 1,781.68 79 6.750 1,781.68 340,000.00 ROCKAWAY TWP NJ 07885 1 03/26/96 00 771444 05 05/01/96 0 771444 O 04/01/26 0 1493524 F45/F45 F 440,000.00 ZZ AUSTEIN LANCE I 360 439,681.54 1 35 CHARTER OAK ROAD 7.625 3,114.29 80 7.375 3,114.29 552,000.00 STATEN ISLAND NY 10304 1 03/26/96 00 771451 05 05/01/96 0 771451 O 04/01/26 0 1493527 F45/F45 F 141,600.00 ZZ PARONICH PAUL 360 141,292.25 1 624 LAMONT AVENUE 7.375 978.00 80 7.125 978.00 177,000.00 STATEN ISLAND NY 10312 1 03/27/96 00 771733 05 05/01/96 0 771733 O 04/01/26 0 1493529 F45/F45 F 60,000.00 ZZ BARSTOW SCOTT J 360 59,857.65 1 1 13 PINE BOULEVARD 7.750 429.85 37 7.500 429.85 165,000.00 MEDFORD NJ 08055 1 03/27/96 00 771881 05 05/01/96 0 771881 O 04/01/26 0 1493530 F45/F45 F 151,000.00 ZZ SATTANINO CHRISTOPH 360 150,898.69 1 163 WOODBURY ROAD 8.000 1,107.98 77 7.750 1,107.98 198,000.00 HAUPPAUGE NY 11788 1 03/27/96 00 771931 05 05/01/96 0 771931 O 04/01/26 0 1493531 F45/F45 F 480,000.00 ZZ PETITO ORAZIO J 360 479,730.90 1 CRESENT BEACH ROAD 8.875 3,819.10 71 8.625 3,819.10 685,000.00 GLEN COVE NY 11542 1 03/28/96 00 772053 05 05/01/96 0 772053 O 04/01/26 0 1493532 F45/F45 F 156,000.00 ZZ KAERGEL KENNETH M 360 155,875.25 1 30 CORAL DRIVE 7.125 1,051.00 80 6.875 1,051.00 195,000.00 FAIRFIELD CT 06430 1 03/27/96 00 772061 05 05/01/96 0 772061 O 04/01/26 0 1493533 F45/F45 F 224,000.00 ZZ TOURKAMAN ALI B 360 223,849.70 1 1318 KURTZ ROAD 8.000 1,643.63 80 7.750 1,643.63 280,000.00 MCLEAN VA 22101 1 03/28/96 00 772178 05 05/01/96 0 772178 O 04/01/26 0 1493534 F45/F45 F 59,000.00 ZZ CALVI JR ALBERT G 360 58,949.21 1 21 LYDALE PLACE 6.750 382.67 79 6.500 382.67 75,000.00 MERIDEN CT 06450 1 03/27/96 00 772228 05 05/01/96 0 1 772228 O 04/01/26 0 1493535 F45/F45 F 425,000.00 ZZ SIMONS DAVID 360 424,676.61 1 17 CEDAR HILLS 7.375 2,935.37 74 7.125 2,935.37 580,000.00 WESTON CT 06883 1 03/28/96 00 772384 05 05/01/96 0 772384 O 04/01/26 0 1493537 F45/F45 F 288,000.00 ZZ BRODSKY JEFFREY 360 287,775.33 1 9 CRAGMERE OVAL 7.250 1,964.67 79 7.000 1,964.67 365,000.00 NEW CITY NY 10956 1 03/28/96 00 772848 05 05/01/96 0 772848 O 04/01/26 0 1493538 F45/F45 F 36,000.00 ZZ KEEDY GOLDIE K 360 35,973.28 1 140 COLONIAL COURT 7.500 251.72 72 7.250 251.72 50,000.00 GALLOWAY NJ 08201 1 03/28/96 00 773101 01 05/01/96 0 773101 O 04/01/26 0 1493540 F45/F45 F 12,500.00 ZZ MCDONALD EUGENE W 240 1,283.53 1 95 ARBOR RD 9.000 112.47 72 8.750 112.47 17,500.00 VILLAS NJ 08251 1 04/29/77 00 85365 05 06/01/77 0 85365 O 05/01/97 0 1493585 966/728 F 368,150.00 ZZ SARGENT J S 360 368,150.00 1 3561 MARQUETTE STREET 8.375 2,798.21 74 8.125 2,798.21 500,000.00 DALLAS TX 75225 2 04/22/96 00 0380435306 05 06/01/96 0 UNKNOWN O 05/01/26 0 1 1494140 966/728 F 220,000.00 ZZ COHEN CLAUDIA C 360 220,000.00 1 4229 CARUTH BOULEVARD 8.625 1,711.14 71 8.375 1,711.14 310,000.00 UNIVERSITY PARK TX 75225 1 04/12/96 00 0380432139 05 06/01/96 0 9602398 O 05/01/26 0 1494225 163/728 F 367,200.00 ZZ SCHECHNER ROBERT 360 366,940.83 1 7553 EAST CLUB VILLA CIRCLE 7.750 2,630.67 80 7.500 2,630.67 459,000.00 SCOTTSDALE AZ 85262 2 03/22/96 00 0380436114 03 05/01/96 0 215125588 O 04/01/26 0 1494537 822/728 F 338,085.00 ZZ COHEN PETER 360 337,890.48 1 240 ROUND HILL DRIVE 8.750 2,659.72 87 8.500 2,659.72 392,228.00 FREEHOLD NJ 07728 1 03/21/96 12 0380417635 05 05/01/96 25 0176193634 O 04/01/26 0 1494561 B62/728 F 142,750.00 ZZ HINLO RAFAEL C 360 142,750.00 1 122 GOLDEN MEADOWS LANE 8.375 1,085.00 80 8.125 1,085.00 178,447.00 FRANKLIN TN 37067 1 04/26/96 00 0380435967 05 06/01/96 0 UNKNOWN O 05/01/26 0 1494753 470/728 F 200,000.00 ZZ BREEN WARREN R 360 200,000.00 1 1831 LANTERN DRIVE 8.250 1,502.54 61 8.000 1,502.54 330,000.00 LAKE HAVASU CIT AZ 86404 2 04/03/96 00 0380430869 05 06/01/96 0 51009348 O 05/01/26 0 1494850 105/728 F 285,000.00 ZZ KING LARRY 360 285,000.00 1 6683 32ND STREET N W 9.125 2,318.85 95 8.875 2,318.85 300,000.00 1 WASHINGTON DC 20015 1 04/11/96 12 0380422874 05 06/01/96 30 737916 O 05/01/26 0 1495047 232/232 F 236,000.00 ZZ DI RICO LUCIANO 360 236,000.00 1 136 SYLVIA LANE 8.250 1,772.99 68 8.000 1,772.99 350,000.00 NEW HYDE PARK NY 11040 5 04/05/96 00 12952660 05 06/01/96 0 12952660 O 05/01/26 0 1495320 685/728 F 258,750.00 ZZ FORCHEMER CHRISTINA 360 258,750.00 1 11719 PEAR TREE COURT 8.750 2,035.59 75 8.500 2,035.59 345,000.00 LEAVENWORTH WA 98826 1 04/15/96 00 0380424623 05 06/01/96 0 200518 O 05/01/26 0 1495343 369/728 F 238,300.00 ZZ PERKINS MICHAEL G 360 238,300.00 1 506 W LINDEN STREET 8.875 1,896.03 80 8.625 1,896.03 298,035.00 LOUISVILLE CO 80027 1 04/15/96 00 0380422536 05 06/01/96 0 49238884 O 05/01/26 0 1495453 439/728 F 388,000.00 ZZ SCHARFF PETER B 360 388,000.00 1 45 QUAKER BRIDGE ROAD 8.400 2,955.94 80 8.150 2,955.94 485,000.00 OSSINING NY 10562 1 04/12/96 00 0380422908 05 06/01/96 0 1849448 O 05/01/26 0 1495455 439/728 F 337,600.00 ZZ SMART SR. ROBERT M 360 337,600.00 1 2804 SHENANDOAH PLACE 8.650 2,631.83 80 8.400 2,631.83 422,000.00 COLLEYVILLE TX 76034 1 04/15/96 00 0380422502 03 06/01/96 0 1849698 O 05/01/26 0 1 1495590 163/728 F 310,000.00 ZZ DESHERBININ NICHOLAS J 360 308,124.75 1 173 SCHOOL STREET 8.125 2,301.74 62 7.875 2,301.74 500,000.00 MANCHESTER MA 01944 2 07/26/95 00 0380435629 05 09/01/95 0 UNKNOWN O 08/01/25 0 1495639 976/728 F 282,000.00 ZZ OSTRANDER JR RICHARD G 360 281,820.17 1 10 DICARLO ROAD 8.250 2,118.58 75 8.000 2,118.58 376,000.00 HOPKINTON MA 01748 5 03/28/96 00 0380431925 05 05/01/96 0 865510 O 04/01/26 0 1495835 670/728 F 257,400.00 ZZ BROGAN III WALTER C 360 255,476.93 1 9109 SALEM DR 8.500 1,979.19 70 8.250 1,979.19 367,750.00 LUBBOCK TX 79424 1 03/20/96 00 0380429036 05 05/01/96 0 13175734 O 04/01/26 0 1495837 670/728 F 218,000.00 ZZ SMITH ANTHONY W 360 218,000.00 1 508 WEST EISENHOWER DRIVE 8.250 1,637.77 78 8.000 1,637.77 280,000.00 LOUISVILLE CO 80027 2 04/05/96 00 0380429051 05 06/01/96 0 13190245 O 05/01/26 0 1495839 670/728 F 215,000.00 ZZ MCCORMICK DAVID 360 215,000.00 1 OFF EL PROTRERO ROAD 8.500 1,653.16 63 8.250 1,653.16 345,000.00 CHIMAYO NM 87522 5 04/02/96 00 0380429077 05 06/01/96 0 13202308 O 05/01/26 0 1495850 670/728 F 175,000.00 ZZ LONGO JOSEPH E 360 174,899.31 1 1 183 UNION AVENUE 8.750 1,376.73 23 8.500 1,376.73 775,000.00 HARRISON NY 10528 5 03/21/96 00 0380429184 05 05/01/96 0 14099713 O 04/01/26 0 1495855 670/728 F 322,537.00 ZZ LAMBETH JAMES E 360 322,331.31 1 9600 LEANING ROCK CIRCLE 8.250 2,423.11 80 8.000 2,423.11 405,000.00 AUSTIN TX 78730 1 03/29/96 00 0380429242 03 05/01/96 0 14103214 O 04/01/26 0 1495858 670/728 F 325,760.00 ZZ WOODWARD WILLIAM R 360 325,760.00 1 2900 THOUSAND OAKS DRIVE 8.450 2,493.28 67 8.200 2,493.28 490,000.00 AUSTIN TX 78746 2 04/09/96 00 0380429267 03 06/01/96 0 14103494 O 05/01/26 0 1495891 670/728 F 262,400.00 ZZ LITZOW DAVID J 360 262,232.67 1 1634 KING STREET 8.250 1,971.33 75 8.000 1,971.33 350,000.00 LA CROSSE WI 54601 5 03/12/96 00 0380429648 05 05/01/96 0 34183868 O 04/01/26 0 1495939 670/728 F 291,000.00 ZZ BALASCO VINCENT 360 290,809.64 1 255 BEECHWOOD DRIVE 8.125 2,160.67 76 7.875 2,160.67 386,000.00 CRANSTON RI 02921 2 03/25/96 00 0380430125 05 05/01/96 0 34238727 O 04/01/26 0 1495988 670/728 F 400,000.00 ZZ ANDERSON GREG D 300 399,620.32 1 6138 SUNSHINE CANYON DRIVE 8.625 3,254.68 52 8.375 3,254.68 775,000.00 BOULDER CO 80302 2 03/28/96 00 0380430570 05 05/01/96 0 1 34300503 O 04/01/21 0 1496502 A52/728 F 289,360.00 ZZ MCKENZIE SCOTT M 360 289,360.00 1 140 OLD SANDHURST LANDING 8.250 2,173.87 80 8.000 2,173.87 361,700.00 ALPHARETTA GA 30202 1 04/26/96 00 0380415365 03 06/01/96 0 145827 O 05/01/26 0 1497025 A83/728 F 263,500.00 ZZ CUNNINGHAM WILLIAM S 360 258,916.84 1 2945 AMERICAN SADDLER DRIVE 8.250 1,979.59 44 8.000 1,979.59 600,000.00 PARK CITY UT 84060 2 02/12/96 00 0380433376 05 04/01/96 0 125984 O 03/01/26 0 1497026 A83/728 F 224,200.00 ZZ RIDGELY DEAN A 360 223,866.18 1 4423 MOLETON DRIVE 7.500 1,567.64 75 7.250 1,567.64 298,983.00 MT AIRY MD 21771 1 02/28/96 00 0380433517 05 04/01/96 0 126939 O 03/01/26 0 1497098 A83/728 F 291,200.00 ZZ ARRANT ALFRED E 360 290,449.54 1 5015 FENWICK DRIVE 8.250 2,187.69 80 8.000 2,187.69 364,000.00 CUMMING GA 30130 2 02/27/95 00 0380433343 03 02/01/96 0 119947 O 01/01/26 0 1497101 A83/728 F 229,000.00 ZZ DEISS E A 360 228,846.35 1 5284 EAST EMIGRATION CANYON 8.000 1,680.32 61 7.750 1,680.32 380,000.00 SALT LAKE CITY UT 84108 2 03/05/96 00 0380425521 05 05/01/96 0 127016 O 04/01/26 0 1 1497103 A83/728 F 211,500.00 ZZ STACHNIK ROY E 360 211,200.49 1 1301 WALZ AVENUE 7.750 1,515.21 75 7.500 1,515.21 282,000.00 GLENWOOD SPRING CO 81601 5 02/05/96 00 0380425737 05 04/01/96 0 125844 O 03/01/26 0 1497105 A83/728 F 237,750.00 ZZ PARKER BRADLEY H 360 237,243.33 1 922 SOUTH MILITARY DRIVE 7.750 1,703.27 75 7.500 1,703.27 317,000.00 SALT LAKE CITY UT 84108 5 01/25/96 00 0380433350 05 03/01/96 0 125137 O 02/01/26 0 1497108 A83/728 F 490,000.00 ZZ JONES STANTON D 360 489,305.89 1 2732 MEADOW CREEK DRIVE 7.750 3,510.42 60 7.500 3,510.42 820,000.00 PARK CITY UT 84060 5 02/01/96 00 0380433335 05 04/01/96 0 125973 O 03/01/26 0 1497234 670/728 F 365,000.00 ZZ MICHALOWSKI GREG 360 365,000.00 1 3 SPRINGHOUSE ROAD 8.125 2,710.12 61 7.875 2,710.12 600,000.00 BERNARDSVILLE NJ 07924 1 04/04/96 00 0380428343 05 06/01/96 0 12338206 O 05/01/26 0 1497237 670/728 F 250,000.00 ZZ PARKER JOHN D 360 250,000.00 1 12801 SOUTHWEST 64TH COURT 8.250 1,878.17 75 8.000 1,878.17 335,000.00 MIAMI FL 33156 1 04/18/96 00 0380428186 05 06/01/96 0 12634751 O 05/01/26 0 1497238 670/728 F 272,300.00 T CHARLES JR HERBERT L 360 272,300.00 1 4690 HAMDEN FOREST DRIVE SW 8.750 2,142.19 66 8.500 2,142.19 415,000.00 1 ATLANTA GA 30331 2 04/12/96 00 0380428319 09 06/01/96 0 12687880 O 05/01/26 0 1497241 670/728 F 500,000.00 ZZ WALKER JACK J 360 500,000.00 1 1530 TIMBER LANE 8.500 3,844.57 61 8.250 3,844.57 820,000.00 BOULDER CO 80304 1 04/08/96 00 0380428335 05 06/01/96 0 13151223 O 05/01/26 0 1497301 601/728 F 380,800.00 ZZ BOWEN WILLIAM C 360 380,800.00 1 2051 THURSTON ROAD 7.750 2,728.10 80 7.500 2,728.10 476,000.00 URBANA MD 21701 2 04/05/96 00 0380423732 05 06/01/96 0 9604007 O 05/01/26 0 1497481 F45/F45 F 130,065.79 ZZ WEBER WARREN M 144 128,924.04 1 498 ADELPHI STREET 7.250 1,354.97 57 7.000 1,354.97 230,000.00 EAST MEADOW NY 11554 5 02/01/93 00 120063 05 04/01/96 0 120063 O 03/01/08 0 1497484 F45/F45 F 104,900.00 ZZ ARAUJO DOMINGOS D 360 100,756.48 1 44 MARC DRIVE 7.625 742.48 88 7.375 742.48 120,000.00 RIDGE NY 11961 1 05/13/92 10 136663 05 07/01/92 17 136663 O 06/01/22 0 1497510 F45/F45 F 198,000.00 ZZ COSTAGLIOLA ROBERT A 360 196,877.79 1 160-35 79TH STREET 7.875 1,435.64 68 7.625 1,435.64 295,000.00 HOWARD BEACH NY 11414 2 10/23/95 00 379503 05 12/01/95 0 379503 O 11/01/25 0 1 1497514 F45/F45 F 350,000.00 ZZ BUDHILL EDWARD M 360 345,843.08 1 36 VINE ROAD 8.375 2,660.25 75 8.125 2,660.25 470,000.00 LARCHMONT NY 10538 1 10/14/94 00 470278 05 12/01/94 0 470278 O 11/01/24 0 1497528 F45/F45 F 322,500.00 ZZ KAPLAN ANDREW 360 320,482.78 1 297 MCLAIN STREET 8.500 2,479.75 75 8.250 2,479.75 430,000.00 BEDFORD HILLS NY 10507 1 06/06/95 00 656652 05 08/01/95 0 656652 O 07/01/25 0 1497550 F45/F45 F 102,000.00 ZZ JIULIANI JOSEPH D 360 101,587.37 1 1 ALDEN TERRACE 7.875 739.57 80 7.625 739.57 128,000.00 PATERSON NJ 07522 1 01/12/96 00 750083 05 03/01/96 0 750083 O 02/01/26 0 1497555 F45/F45 F 130,000.00 ZZ MCKOWN GILBERT 360 129,736.59 1 31 HIBBLER ROAD 8.000 953.89 52 7.750 953.89 250,000.00 CLINTON TWSHP NJ 08801 5 01/01/96 00 750810 05 03/01/96 0 750810 O 02/01/26 0 1497563 F45/F45 F 250,000.00 ZZ SINGER MARK 360 249,819.06 1 3 RAQUEL COURT 7.625 1,769.48 70 7.375 1,769.48 360,000.00 EAST HANOVER NJ 07936 5 03/06/96 00 766642 05 05/01/96 0 766642 O 04/01/26 0 1498362 664/728 F 217,500.00 ZZ VALENCIA RICARDO M 360 217,500.00 1 1 33107 12TH COURT S.W. 8.250 1,634.01 70 8.000 1,634.01 311,000.00 FEDERAL WAY WA 98023 5 04/26/96 00 0380434663 03 06/01/96 0 2192649 O 05/01/26 0 TOTAL NUMBER OF LOANS : 1,430 TOTAL ORIGINAL BALANCE : 371,491,791.63 TOTAL PRINCIPAL BALANCE : 367,497,079.85 TOTAL ORIGINAL P+I : 2,696,669.70 TOTAL CURRENT P+I : 2,696,669.70 *************************** * END OF REPORT * *************************** RUN ON : 05/23/96 RFC DISCLOSURE SYSTEM RFFSDFIX-01 AT : 12.17.07 FIXED PASSTHRU REPORT AMORTIZED BALANCE SERIES : RFMSI I 1996-S14 CUTOFF : 05/01/96 POOL : 0004208 : : POOL STATUS: F RFC LOAN NUMBER SUB SERV FEE PRINCIPAL BALANCE MSTR SERV FEE CURR NOTE RATE ALL EXP RFC NET RATE MISC EXP NET MTG RATE(INVSTR RATE) SPREAD POST SPREAD RATE STRIP -------------------------------------------------------------------------- 1447659 .2500 334,389.93 .0300 8.0000 .0000 7.7500 .0000 7.7200 .2200 7.5000 .0000 1473006 .2500 195,000.00 .0300 8.6250 .0000 8.3750 .0000 8.3450 .8450 7.5000 .0000 1473785 .2500 241,999.63 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1475950 .2500 225,822.00 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1476842 .2500 367,718.86 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1480719 .2500 350,000.00 .0300 8.3750 .0000 8.1250 .0000 8.0950 .5950 7.5000 .0000 1 1483590 .2500 457,600.00 .0300 8.7500 .0000 8.5000 .0000 8.4700 .9700 7.5000 .0000 1488806 .2500 272,000.00 .0300 7.7500 .0000 7.5000 .0000 7.4700 .0000 7.4700 .0000 1488852 .2500 224,000.00 .0300 8.5000 .0000 8.2500 .0000 8.2200 .7200 7.5000 .0000 1489700 .2500 293,312.84 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1491345 .2500 403,985.56 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1491957 .2500 132,790.67 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1491962 .2500 101,271.44 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1491967 .2500 108,575.69 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1491972 .2500 261,289.76 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1491974 .2500 99,783.31 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1491982 .2500 44,959.74 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1491989 .2500 107,060.13 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1491995 .2500 145,745.66 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1491996 .2500 2,907.58 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492000 .2500 106,800.07 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492001 .2500 111,117.32 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492004 .2500 102,175.89 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492006 .2500 117,896.49 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492012 .2500 273,195.74 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492015 .2500 212,506.61 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492016 .2500 53,775.25 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492018 .2500 251,044.05 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492019 .2500 130,274.02 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492021 .2500 154,263.58 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492023 .2500 228,331.11 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492025 .2500 109,334.18 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492026 .2500 77,066.18 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492027 .2500 95,662.53 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492031 .2500 128,175.00 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492033 .2500 72,325.22 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492035 .2500 254,015.88 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492036 .2500 134,841.57 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492043 .2500 174,719.27 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492046 .2500 20,760.01 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1492049 .2500 206,557.82 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492050 .2500 72,594.11 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1492052 .2500 46,989.48 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492053 .2500 349,068.56 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492054 .2500 154,266.93 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1492058 .2500 105,185.15 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1 1492060 .2500 88,704.53 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492063 .2500 287,432.50 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492077 .2500 541,948.79 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492078 .2500 483,630.87 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492079 .2500 144,306.30 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492080 .2500 67,438.31 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492083 .2500 73,135.91 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492087 .2500 145,802.40 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1 1492088 .2500 232,440.79 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492089 .2500 215,653.23 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492090 .2500 441,584.63 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492091 .2500 298,357.85 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492092 .2500 84,879.37 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492093 .2500 53,944.67 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492094 .2500 268,854.25 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492095 .2500 393,023.87 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492096 .2500 262,609.59 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492097 .2500 211,250.27 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492098 .2500 303,004.05 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492099 .2500 245,845.32 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492100 .2500 224,390.55 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492101 .2500 329,889.67 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492102 .2500 285,405.68 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492104 .2500 295,130.79 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492105 .2500 140,622.31 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492106 .2500 330,303.97 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492107 .2500 215,839.70 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492108 .2500 416,618.22 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492109 .2500 248,379.50 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492110 .2500 216,341.99 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492111 .2500 206,831.24 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492112 .2500 292,938.44 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1 1492113 .2500 309,025.55 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492114 .2500 241,516.39 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492116 .2500 207,056.25 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492117 .2500 246,227.59 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492118 .2500 311,699.57 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492119 .2500 212,199.85 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492120 .2500 246,408.28 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492121 .2500 338,638.14 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492122 .2500 107,298.26 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492123 .2500 206,744.39 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492124 .2500 233,756.68 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492125 .2500 304,592.26 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492126 .2500 225,033.18 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492127 .2500 266,124.67 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492128 .2500 271,053.01 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492129 .2500 242,676.88 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492130 .2500 316,075.62 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492131 .2500 255,974.59 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492132 .2500 288,816.78 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492133 .2500 295,587.62 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492134 .2500 249,278.79 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492135 .2500 230,733.64 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492136 .2500 365,827.39 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492138 .2500 220,795.86 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492139 .2500 295,913.48 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492140 .2500 228,408.44 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492141 .2500 404,264.71 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492142 .2500 240,534.27 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492143 .2500 222,009.59 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492144 .2500 227,090.39 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492145 .2500 287,479.89 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492146 .2500 259,080.64 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1 1492147 .2500 246,915.10 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492148 .2500 263,493.54 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492149 .2500 419,210.88 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492150 .2500 251,440.28 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492151 .2500 359,618.76 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492152 .2500 208,838.12 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492153 .2500 256,791.67 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492154 .2500 292,585.07 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492155 .2500 308,149.87 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492156 .2500 221,969.54 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492157 .2500 208,340.74 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492158 .2500 281,753.42 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492159 .2500 246,696.10 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492160 .2500 259,115.06 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492161 .2500 247,313.37 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492162 .2500 234,285.31 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1 1492163 .2500 208,010.03 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492164 .2500 389,407.83 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492165 .2500 255,920.92 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492166 .2500 214,983.22 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492167 .2500 269,868.47 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492168 .2500 302,179.93 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492169 .2500 267,899.72 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492170 .2500 299,352.97 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1492171 .2500 293,661.72 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492172 .2500 248,339.59 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492173 .2500 201,380.48 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492174 .2500 351,329.58 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492175 .2500 311,927.75 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492177 .2500 507,373.31 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492178 .2500 219,869.17 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492179 .2500 243,749.83 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492180 .2500 113,726.31 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492181 .2500 213,634.06 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492182 .2500 316,309.77 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492183 .2500 281,200.33 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492184 .2500 221,700.75 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492185 .2500 215,619.42 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492186 .2500 278,511.40 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492187 .2500 250,884.75 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1492188 .2500 339,712.58 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492189 .2500 340,829.73 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492190 .2500 221,751.00 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492191 .2500 148,300.12 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492192 .2500 244,979.12 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492193 .2500 261,193.42 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492194 .2500 48,767.71 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492195 .2500 219,104.80 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1492196 .2500 258,765.14 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492197 .2500 484,341.03 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492198 .2500 245,099.54 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1492199 .2500 267,886.50 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492200 .2500 415,830.99 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492201 .2500 438,045.23 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492202 .2500 98,300.34 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492203 .2500 258,451.27 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1 1492205 .2500 368,550.20 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492206 .2500 221,273.46 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492207 .2500 244,725.01 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492208 .2500 415,169.53 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492209 .2500 221,545.13 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492210 .2500 254,235.55 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492211 .2500 229,055.35 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492213 .2500 240,086.64 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1 1492214 .2500 223,637.23 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492215 .2500 294,254.15 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492216 .2500 219,106.32 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492218 .2500 219,104.80 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492219 .2500 218,607.55 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492220 .2500 312,186.42 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492221 .2500 539,250.89 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492222 .2500 245,845.07 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492223 .2500 233,275.69 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492224 .2500 191,109.27 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492225 .2500 273,463.43 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492226 .2500 438,482.60 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492227 .2500 354,567.84 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492228 .2500 229,744.51 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492229 .2500 228,019.25 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492230 .2500 233,637.83 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1492231 .2500 642,285.86 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492232 .2500 321,533.47 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492233 .2500 272,365.41 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492234 .2500 437,392.02 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492235 .2500 238,779.49 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492236 .2500 253,654.66 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492237 .2500 243,696.81 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492238 .2500 220,146.96 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492239 .2500 204,900.78 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492240 .2500 109,133.50 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492241 .2500 279,785.50 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492242 .2500 278,580.37 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492243 .2500 231,579.14 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492244 .2500 273,663.01 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492245 .2500 296,109.68 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492246 .2500 275,781.48 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1 1492247 .2500 403,396.93 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492248 .2500 437,392.02 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492249 .2500 283,654.23 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492250 .2500 168,639.63 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492251 .2500 683,002.71 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492252 .2500 224,826.25 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492253 .2500 212,361.08 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492254 .2500 610,218.05 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1 1492255 .2500 210,406.90 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492256 .2500 265,045.63 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492257 .2500 214,292.43 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492258 .2500 265,045.63 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492260 .2500 274,219.73 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492261 .2500 267,029.80 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492262 .2500 242,881.72 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492263 .2500 269,262.90 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1492264 .2500 240,782.62 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492265 .2500 323,310.01 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492266 .2500 223,446.15 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492267 .2500 300,342.18 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492268 .2500 231,355.30 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492271 .2500 86,351.88 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492273 .2500 254,015.64 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492274 .2500 214,447.47 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1 1492275 .2500 198,370.33 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492276 .2500 396,054.22 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492277 .2500 454,729.46 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492278 .2500 241,204.38 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492280 .2500 339,037.58 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492281 .2500 346,087.92 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492282 .2500 219,914.16 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492283 .2500 258,747.62 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492285 .2500 430,137.86 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492286 .2500 346,183.75 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492290 .2500 245,526.65 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492291 .2500 218,188.56 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492292 .2500 303,387.10 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492293 .2500 212,168.98 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492294 .2500 219,365.69 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492295 .2500 240,963.59 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492296 .2500 242,418.34 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492297 .2500 22,343.88 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492298 .2500 221,831.08 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492299 .2500 213,065.52 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492300 .2500 230,436.48 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492301 .2500 325,203.51 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492302 .2500 451,356.57 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492303 .2500 313,658.23 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492304 .2500 222,456.24 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492305 .2500 387,442.50 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492306 .2500 183,920.23 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492307 .2500 309,775.57 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492308 .2500 547,859.98 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492309 .2500 238,390.24 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492310 .2500 217,657.86 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492311 .2500 438,615.02 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1492312 .2500 259,331.17 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492313 .2500 194,389.81 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492314 .2500 238,580.86 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492315 .2500 225,791.17 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492316 .2500 319,681.69 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492318 .2500 205,354.17 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492319 .2500 243,340.87 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1492320 .2500 230,449.43 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492321 .2500 130,357.39 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492322 .2500 249,124.16 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1492323 .2500 248,009.47 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492324 .2500 255,507.87 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1492326 .2500 225,174.80 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492327 .2500 211,678.41 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492328 .2500 244,737.29 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492329 .2500 141,600.82 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1 1492330 .2500 321,311.39 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492331 .2500 91,855.93 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1492332 .2500 350,145.89 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492334 .2500 81,475.34 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492335 .2500 1,007.16 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492336 .2500 412,497.08 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492337 .2500 221,770.58 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492338 .2500 244,536.54 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1 1492339 .2500 468,926.03 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492340 .2500 5,287.47 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492343 .2500 35,243.94 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492344 .2500 71,807.83 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492345 .2500 23,210.62 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492346 .2500 170,496.03 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492347 .2500 274,617.00 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492348 .2500 231,807.76 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492349 .2500 287,520.86 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492350 .2500 239,973.89 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492351 .2500 197,780.98 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492352 .2500 225,508.08 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492353 .2500 241,270.44 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492354 .2500 221,053.98 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492355 .2500 220,196.77 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492356 .2500 229,208.92 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1 1492357 .2500 299,704.12 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492358 .2500 1,613.05 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492359 .2500 3,705.25 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492360 .2500 124,601.74 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492361 .2500 248,157.15 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492362 .2500 111,885.24 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492363 .2500 238,360.39 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492364 .2500 236,060.65 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1492365 .2500 223,382.71 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492366 .2500 220,047.04 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492367 .2500 317,930.20 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492369 .2500 419,876.01 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492371 .2500 300,192.33 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492372 .2500 297,205.26 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492373 .2500 255,563.98 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492374 .2500 129,798.59 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1492375 .2500 349,478.88 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492376 .2500 246,679.10 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492377 .2500 187,713.02 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492378 .2500 208,397.04 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1492379 .2500 208,313.36 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492380 .2500 352,984.73 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492382 .2500 326,734.30 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492384 .2500 247,945.31 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492385 .2500 163,835.14 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1492386 .2500 98,115.17 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492387 .2500 273,008.26 .0800 9.1250 .0000 8.8750 .0000 8.7950 1.2950 7.5000 .0000 1492388 .2500 237,282.84 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492389 .2500 297,471.74 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492390 .2500 228,202.44 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492391 .2500 322,147.97 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492392 .2500 335,351.66 .0800 9.1250 .0000 8.8750 .0000 8.7950 1.2950 7.5000 .0000 1 1492393 .2500 321,868.90 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492394 .2500 238,305.57 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1492395 .2500 239,512.61 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492396 .2500 317,952.06 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492397 .2500 347,816.35 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492399 .2500 114,709.59 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492401 .2500 77,149.76 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492402 .2500 124,136.92 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492404 .2500 114,054.82 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492405 .2500 347,521.77 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492406 .2500 114,122.33 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492407 .2500 118,198.79 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492408 .2500 347,261.81 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492409 .2500 231,033.92 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492410 .2500 256,775.22 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492411 .2500 222,529.51 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1 1492412 .2500 233,206.50 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492413 .2500 414,789.05 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492416 .2500 228,371.39 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492417 .2500 137,273.15 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492418 .2500 264,629.41 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492419 .2500 134,067.88 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492420 .2500 446,460.89 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492421 .2500 285,570.45 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1492422 .2500 397,095.77 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492423 .2500 289,521.38 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492424 .2500 306,460.27 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492425 .2500 421,874.95 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492426 .2500 128,330.17 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492427 .2500 322,663.92 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492428 .2500 239,248.78 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492429 .2500 283,636.01 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1492430 .2500 248,139.00 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492431 .2500 227,993.40 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492432 .2500 232,382.09 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492433 .2500 302,494.77 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492434 .2500 47,676.82 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492435 .2500 206,527.22 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492436 .2500 274,261.23 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492437 .2500 595,640.07 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492438 .2500 225,670.27 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492440 .2500 214,125.86 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492442 .2500 262,348.75 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492443 .2500 214,614.44 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492445 .2500 210,707.13 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492446 .2500 432,972.52 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492447 .2500 126,202.51 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492448 .2500 44,667.73 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492449 .2500 109,345.96 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492450 .2500 225,926.85 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492452 .2500 246,947.03 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492453 .2500 273,116.59 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492454 .2500 307,715.12 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492455 .2500 254,948.33 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492456 .2500 287,804.44 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492457 .2500 238,396.28 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492458 .2500 263,278.91 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492459 .2500 349,761.64 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492460 .2500 321,780.95 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492461 .2500 322,088.55 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492462 .2500 282,281.94 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492463 .2500 297,945.31 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492464 .2500 259,808.34 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492465 .2500 225,774.40 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492466 .2500 445,470.99 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492468 .2500 258,246.51 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492469 .2500 223,282.47 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492470 .2500 218,440.52 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492471 .2500 255,728.11 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492472 .2500 349,858.23 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492473 .2500 546,290.65 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492474 .2500 243,984.56 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492475 .2500 301,381.67 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492476 .2500 198,396.71 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492477 .2500 323,839.30 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492478 .2500 62,729.23 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492479 .2500 352,979.97 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492480 .2500 282,601.62 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492482 .2500 333,269.93 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492484 .2500 496,542.69 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492485 .2500 268,038.06 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492486 .2500 115,522.91 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492487 .2500 218,488.59 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492488 .2500 286,703.10 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492489 .2500 153,802.54 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492490 .2500 143,508.12 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492491 .2500 357,572.05 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492492 .2500 214,506.44 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492493 .2500 266,100.17 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492494 .2500 190,569.99 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492495 .2500 211,584.44 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492496 .2500 273,406.00 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1492497 .2500 39,730.22 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492498 .2500 217,051.32 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492499 .2500 228,409.61 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492500 .2500 242,337.19 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492501 .2500 251,377.16 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492502 .2500 125,847.22 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492503 .2500 226,609.52 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492504 .2500 254,791.06 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492505 .2500 44,696.54 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492506 .2500 212,077.78 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492507 .2500 273,001.73 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492508 .2500 263,074.37 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492509 .2500 216,354.77 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492510 .2500 563,914.42 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492511 .2500 645,108.69 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492512 .2500 232,299.67 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492513 .2500 168,853.42 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492514 .2500 269,923.67 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492515 .2500 258,015.21 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492516 .2500 252,094.25 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492517 .2500 232,299.67 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492518 .2500 134,339.47 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492519 .2500 404,496.55 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492520 .2500 218,361.36 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492521 .2500 892,959.19 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492522 .2500 263,014.12 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492523 .2500 342,554.38 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492524 .2500 492,119.71 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492525 .2500 218,278.86 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492526 .2500 112,802.61 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492527 .2500 281,140.99 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492528 .2500 269,517.93 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492529 .2500 243,082.88 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492530 .2500 148,997.71 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492531 .2500 243,442.07 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492532 .2500 265,153.11 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492533 .2500 217,773.62 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492534 .2500 219,360.64 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492535 .2500 386,845.62 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492536 .2500 460,822.13 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492541 .2500 297,566.06 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492543 .2500 260,306.43 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492545 .2500 461,529.00 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492547 .2500 354,316.79 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492548 .2500 320,627.43 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492553 .2500 213,177.81 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492554 .2500 288,348.42 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492555 .2500 206,734.69 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492556 .2500 245,757.59 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492557 .2500 310,951.24 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492558 .2500 296,098.97 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492560 .2500 624,381.44 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492561 .2500 240,885.81 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492562 .2500 227,752.56 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492563 .2500 281,497.18 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492564 .2500 764,275.53 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492566 .2500 217,715.04 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1492567 .2500 184,919.32 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492568 .2500 735,399.23 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492574 .2500 268,570.64 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492576 .2500 210,212.67 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492577 .2500 347,602.95 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492578 .2500 260,160.99 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492579 .2500 318,015.20 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492581 .2500 357,710.80 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492582 .2500 217,637.62 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492583 .2500 334,067.10 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492584 .2500 245,134.69 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1 1492585 .2500 295,889.19 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492586 .2500 144,696.96 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492587 .2500 407,327.34 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492588 .2500 223,341.60 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492589 .2500 342,015.81 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492590 .2500 397,122.78 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492591 .2500 238,548.21 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492592 .2500 214,660.30 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492593 .2500 456,926.29 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492594 .2500 283,048.12 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492595 .2500 389,480.00 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492596 .2500 729,582.69 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492597 .2500 216,250.38 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492598 .2500 267,372.68 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492599 .2500 59,557.79 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492600 .2500 248,124.73 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492601 .2500 233,468.09 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492602 .2500 236,577.69 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492603 .2500 274,288.14 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492604 .2500 223,496.51 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492605 .2500 232,300.60 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492606 .2500 270,275.36 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492607 .2500 268,407.16 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492608 .2500 470,712.23 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492609 .2500 283,202.43 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492610 .2500 469,885.80 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492611 .2500 269,640.55 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492612 .2500 230,487.63 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492614 .2500 250,187.43 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492615 .2500 322,933.33 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492616 .2500 49,719.52 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492617 .2500 242,486.60 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492618 .2500 268,580.57 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492620 .2500 278,174.80 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492621 .2500 81,516.24 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492622 .2500 269,056.59 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492623 .2500 297,894.26 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492624 .2500 77,042.81 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492625 .2500 86,512.04 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492626 .2500 198,849.49 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1492627 .2500 174,085.47 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492628 .2500 275,372.74 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492629 .2500 337,554.39 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492630 .2500 51,715.62 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492631 .2500 238,619.36 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492632 .2500 210,685.11 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492633 .2500 65,183.21 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492634 .2500 234,213.84 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492635 .2500 326,349.50 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492637 .2500 645,548.38 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492638 .2500 218,132.82 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492639 .2500 255,192.92 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492640 .2500 59,755.10 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492641 .2500 217,373.71 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492642 .2500 246,602.06 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492643 .2500 425,475.07 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492644 .2500 236,486.56 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492645 .2500 302,294.75 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492646 .2500 296,426.77 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492647 .2500 488,373.66 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492648 .2500 275,962.29 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492649 .2500 308,028.72 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492650 .2500 595,577.72 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492651 .2500 485,250.76 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492652 .2500 226,715.50 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492653 .2500 315,459.23 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492654 .2500 576,891.90 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492655 .2500 419,557.72 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492656 .2500 416,101.00 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492657 .2500 222,706.30 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492658 .2500 323,075.81 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492659 .2500 427,637.24 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492661 .2500 59,653.33 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492662 .2500 254,946.69 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492663 .2500 310,825.41 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492664 .2500 221,834.69 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492666 .2500 296,760.38 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492667 .2500 515,917.50 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492668 .2500 496,965.70 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492669 .2500 457,408.51 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492670 .2500 210,805.63 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492671 .2500 180,613.76 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492672 .2500 280,411.27 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492673 .2500 306,307.65 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492674 .2500 123,228.70 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492675 .2500 208,725.59 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492676 .2500 348,069.93 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492677 .2500 251,611.34 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1492678 .2500 217,439.63 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492679 .2500 289,745.07 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492680 .2500 135,154.08 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492681 .2500 311,777.41 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492682 .2500 646,516.78 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492684 .2500 278,171.04 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492685 .2500 469,378.42 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492686 .2500 266,490.14 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492687 .2500 233,328.65 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492688 .2500 238,470.19 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492689 .2500 216,992.51 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492690 .2500 85,185.36 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492691 .2500 283,312.66 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492692 .2500 350,065.86 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492693 .2500 230,725.25 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492694 .2500 302,398.95 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492695 .2500 318,151.81 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492696 .2500 264,463.66 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492697 .2500 334,301.99 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492698 .2500 294,373.57 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492699 .2500 387,574.25 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492700 .2500 322,128.66 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492701 .2500 221,115.51 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492702 .2500 280,619.97 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1492703 .2500 484,887.61 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492704 .2500 298,264.34 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492705 .2500 104,372.50 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492706 .2500 273,450.76 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492707 .2500 233,642.72 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492708 .2500 233,676.11 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492709 .2500 248,556.09 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492710 .2500 290,971.50 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492711 .2500 218,906.98 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492712 .2500 418,571.76 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492713 .2500 48,555.81 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492714 .2500 214,926.87 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492715 .2500 248,519.88 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492716 .2500 281,980.78 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492717 .2500 630,179.62 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492718 .2500 49,711.20 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492719 .2500 84,509.08 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492720 .2500 214,953.71 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492721 .2500 308,379.97 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492722 .2500 198,693.58 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492723 .2500 393,655.49 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492725 .2500 210,278.47 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492726 .2500 223,794.27 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492727 .2500 226,650.11 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492728 .2500 122,806.76 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492729 .2500 282,055.43 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492730 .2500 317,166.37 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492731 .2500 375,908.44 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492732 .2500 347,927.79 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492733 .2500 268,658.53 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492734 .2500 407,386.53 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492735 .2500 338,036.28 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1492736 .2500 266,485.41 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492737 .2500 213,847.85 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492738 .2500 235,561.70 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492740 .2500 220,982.35 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492741 .2500 283,195.50 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492742 .2500 284,074.87 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492743 .2500 248,482.80 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492744 .2500 263,507.11 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492745 .2500 135,085.44 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492746 .2500 213,350.50 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492747 .2500 286,494.97 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492748 .2500 265,407.26 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492749 .2500 334,107.11 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492750 .2500 58,209.38 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492751 .2500 425,706.41 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492752 .2500 278,785.51 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492753 .2500 228,736.20 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492754 .2500 262,512.74 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492755 .2500 645,957.04 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492756 .2500 213,012.60 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492757 .2500 294,373.57 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492758 .2500 381,951.08 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1492759 .2500 230,592.03 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492760 .2500 397,450.23 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1492761 .2500 268,320.63 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492762 .2500 249,857.22 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492763 .2500 497,252.65 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492764 .2500 238,817.92 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492765 .2500 227,575.60 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492766 .2500 273,507.91 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492768 .2500 223,937.55 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492769 .2500 243,571.06 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492770 .2500 283,227.36 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492771 .2500 277,336.30 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492772 .2500 252,604.34 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492773 .2500 214,752.47 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492774 .2500 310,410.14 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492775 .2500 497,416.35 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492776 .2500 223,910.13 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492777 .2500 290,395.56 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492778 .2500 233,344.46 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492779 .2500 213,788.78 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492780 .2500 716,422.82 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492781 .2500 228,638.23 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492782 .2500 274,365.91 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492783 .2500 211,914.67 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492784 .2500 472,607.27 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492785 .2500 316,849.40 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492786 .2500 365,926.77 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492787 .2500 298,223.83 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492788 .2500 258,675.12 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492789 .2500 278,422.60 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492790 .2500 289,401.06 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492791 .2500 296,440.28 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492792 .2500 246,671.04 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492793 .2500 392,960.19 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492794 .2500 263,615.14 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492795 .2500 238,613.85 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492796 .2500 312,992.04 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492797 .2500 228,533.87 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492798 .2500 241,697.78 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492799 .2500 270,349.35 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492800 .2500 223,824.21 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492802 .2500 298,392.37 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1492803 .2500 462,359.96 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492804 .2500 227,518.65 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492805 .2500 255,093.69 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492806 .2500 96,930.66 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492807 .2500 245,567.66 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492808 .2500 377,636.40 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492809 .2500 369,686.21 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492810 .2500 337,885.18 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492811 .2500 39,342.17 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492812 .2500 398,111.26 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492813 .2500 458,530.18 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492814 .2500 238,713.91 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492815 .2500 398,973.60 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492816 .2500 135,380.29 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492817 .2500 247,482.06 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492819 .2500 295,145.83 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492820 .2500 137,736.64 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492821 .2500 223,838.07 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492822 .2500 225,766.54 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492823 .2500 261,830.99 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492824 .2500 258,844.79 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492825 .2500 262,797.03 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492826 .2500 290,989.49 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492827 .2500 224,000.32 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1492828 .2500 323,147.95 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492829 .2500 218,806.32 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492830 .2500 330,409.09 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492831 .2500 298,632.95 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492832 .2500 317,890.58 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492833 .2500 93,957.08 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492834 .2500 199,064.40 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492835 .2500 290,454.29 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1492836 .2500 248,802.05 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492837 .2500 388,083.84 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492838 .2500 348,444.95 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492839 .2500 298,700.47 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492840 .2500 348,147.31 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492841 .2500 298,562.48 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492842 .2500 238,850.00 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492843 .2500 219,715.18 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1492844 .2500 146,113.96 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492845 .2500 222,899.40 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492846 .2500 238,933.68 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492847 .2500 278,554.11 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492848 .2500 220,836.12 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492849 .2500 211,047.63 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492850 .2500 580,984.18 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492851 .2500 227,012.36 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1492853 .2500 447,733.19 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492854 .2500 350,270.57 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492855 .2500 323,403.16 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492856 .2500 284,196.76 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492857 .2500 234,897.19 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492858 .2500 422,809.44 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492859 .2500 233,189.55 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492860 .2500 597,196.19 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1492861 .2500 193,967.78 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492862 .2500 253,882.14 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492863 .2500 268,620.49 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492864 .2500 332,577.59 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492865 .2500 300,588.75 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492866 .2500 415,894.44 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492867 .2500 390,213.70 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492868 .2500 89,799.21 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1492869 .2500 223,838.07 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492870 .2500 224,995.89 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492872 .2500 441,872.45 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492873 .2500 207,075.85 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492874 .2500 297,616.20 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492875 .2500 364,308.95 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492876 .2500 228,841.41 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492877 .2500 358,140.94 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1492878 .2500 250,908.41 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492879 .2500 248,860.77 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492880 .2500 217,055.67 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492881 .2500 467,572.92 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492883 .2500 230,047.89 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492885 .2500 231,766.63 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492886 .2500 262,670.15 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492887 .2500 294,781.52 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1 1492888 .2500 214,163.17 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492889 .2500 264,660.06 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492890 .2500 502,078.10 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492891 .2500 288,720.46 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492892 .2500 219,992.95 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492893 .2500 445,906.46 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492894 .2500 210,258.20 .0800 8.7500 .0000 8.5000 .0000 8.4200 .9200 7.5000 .0000 1492895 .2500 74,683.29 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1 1492896 .2500 597,334.20 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492897 .2500 308,622.68 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492898 .2500 252,340.64 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492899 .2500 226,762.94 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492900 .2500 310,348.44 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492901 .2500 333,354.08 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492902 .2500 212,626.63 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492903 .2500 256,820.69 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1492904 .2500 440,733.58 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492905 .2500 318,622.82 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492906 .2500 233,910.46 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492908 .2500 326,755.22 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492909 .2500 406,329.83 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492910 .2500 298,643.12 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492911 .2500 342,556.05 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492912 .2500 298,771.96 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492913 .2500 338,131.78 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492914 .2500 39,855.71 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492915 .2500 341,730.99 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492917 .2500 450,005.67 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492919 .2500 214,097.55 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492922 .2500 231,096.96 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492923 .2500 303,869.14 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492924 .2500 220,466.38 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1492925 .2500 577,503.86 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492926 .2500 308,665.85 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492927 .2500 82,186.90 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492928 .2500 410,182.19 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492929 .2500 122,750.76 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492930 .2500 324,631.58 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492931 .2500 347,078.67 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492932 .2500 346,540.11 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492933 .2500 243,822.82 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492934 .2500 266,531.80 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492936 .2500 129,334.27 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492937 .2500 513,887.68 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492938 .2500 236,396.30 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492939 .2500 210,655.72 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492940 .2500 214,141.74 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492941 .2500 248,840.93 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492942 .2500 223,484.56 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492943 .2500 243,026.00 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492944 .2500 380,853.81 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492945 .2500 305,474.88 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492946 .2500 281,621.84 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492947 .2500 198,331.57 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492948 .2500 371,992.12 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492949 .2500 334,442.23 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492950 .2500 330,707.70 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492951 .2500 453,885.87 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492952 .2500 275,516.68 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492953 .2500 229,058.47 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492954 .2500 273,756.16 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492955 .2500 226,994.02 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492956 .2500 222,309.04 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492957 .2500 238,509.52 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1492958 .2500 263,047.88 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1492959 .2500 277,308.36 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492960 .2500 250,942.25 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492961 .2500 231,767.28 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492962 .2500 306,536.44 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492963 .2500 418,642.36 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492964 .2500 346,464.58 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1492965 .2500 283,902.30 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1492966 .2500 432,243.95 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1492968 .2500 334,673.52 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1492969 .2500 373,127.09 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492970 .2500 243,780.56 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1492971 .2500 251,225.81 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492972 .2500 241,334.91 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492973 .2500 418,572.04 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492974 .2500 221,461.19 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1492975 .2500 448,134.06 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1492976 .2500 448,545.39 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492977 .2500 274,387.32 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492978 .2500 260,177.46 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492980 .2500 209,354.83 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1492981 .2500 248,397.73 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492982 .2500 298,980.05 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492983 .2500 264,425.76 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1 1492984 .2500 213,838.69 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1492986 .2500 223,836.35 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492987 .2500 348,651.93 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1492988 .2500 352,765.80 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492989 .2500 119,621.82 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1492990 .2500 452,705.56 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492991 .2500 227,224.83 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492992 .2500 342,707.44 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1492993 .2500 356,335.38 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492994 .2500 646,976.52 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1492995 .2500 365,415.00 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1492996 .2500 149,463.78 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492997 .2500 247,113.46 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1492998 .2500 346,064.97 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1492999 .2500 286,024.25 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493000 .2500 221,317.96 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1493001 .2500 235,135.05 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493002 .2500 263,008.03 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493004 .2500 207,951.29 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493005 .2500 99,668.45 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493006 .2500 323,922.50 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493007 .2500 249,171.19 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493008 .2500 323,895.05 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493009 .2500 244,102.06 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493010 .2500 352,636.51 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493011 .2500 596,093.80 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493012 .2500 248,988.43 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493013 .2500 289,062.60 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493014 .2500 610,921.53 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493015 .2500 253,370.65 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493016 .2500 128,538.86 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493017 .2500 223,294.08 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1493018 .2500 290,780.25 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493019 .2500 249,013.03 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493020 .2500 284,078.76 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493021 .2500 219,014.28 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493023 .2500 219,270.66 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493024 .2500 288,937.11 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493025 .2500 216,910.38 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493026 .2500 299,186.76 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1493027 .2500 251,099.14 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493028 .2500 298,844.50 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493029 .2500 241,825.87 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493030 .2500 231,128.26 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493031 .2500 398,706.99 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493032 .2500 548,079.44 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493033 .2500 448,617.65 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493034 .2500 244,368.63 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1493035 .2500 254,135.68 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493036 .2500 385,811.21 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493037 .2500 287,199.36 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493038 .2500 294,116.03 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493039 .2500 206,609.33 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493040 .2500 294,320.64 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493041 .2500 224,325.80 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493042 .2500 274,273.09 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1493043 .2500 171,509.69 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493045 .2500 498,464.07 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493046 .2500 214,102.84 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493047 .2500 209,401.35 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493048 .2500 275,251.80 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493049 .2500 269,009.47 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493050 .2500 223,328.78 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493051 .2500 343,043.68 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493052 .2500 63,830.82 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493053 .2500 366,950.96 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493054 .2500 236,833.17 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493055 .2500 219,403.61 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493056 .2500 264,281.61 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493057 .2500 267,326.69 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493058 .2500 224,156.65 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493059 .2500 298,763.74 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1493060 .2500 497,681.03 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493061 .2500 255,786.94 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493062 .2500 229,392.06 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493063 .2500 345,012.80 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493064 .2500 292,414.05 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493065 .2500 260,485.55 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493066 .2500 314,056.08 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493067 .2500 271,243.84 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493068 .2500 233,300.21 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493069 .2500 259,295.16 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493071 .2500 295,156.22 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493072 .2500 299,166.00 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493073 .2500 224,248.61 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493074 .2500 87,992.06 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493075 .2500 282,671.37 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493076 .2500 294,116.03 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493077 .2500 348,977.02 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493078 .2500 290,128.03 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493079 .2500 271,662.92 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493080 .2500 223,422.72 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493081 .2500 408,676.78 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493082 .2500 279,160.97 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493083 .2500 250,966.95 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493085 .2500 220,634.91 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493086 .2500 227,412.41 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493087 .2500 233,814.59 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493088 .2500 251,225.90 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493089 .2500 299,007.72 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493090 .2500 227,582.70 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1493091 .2500 343,135.74 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493092 .2500 375,157.61 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493093 .2500 419,148.92 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1 1493095 .2500 313,958.13 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493096 .2500 399,147.56 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493097 .2500 428,804.60 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493098 .2500 235,768.91 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493099 .2500 355,019.11 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493100 .2500 260,178.18 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493101 .2500 85,004.73 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493102 .2500 257,479.34 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1493103 .2500 387,170.78 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493104 .2500 259,201.31 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493105 .2500 239,549.36 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493106 .2500 253,285.71 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493107 .2500 124,719.95 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493108 .2500 280,891.12 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493109 .2500 538,877.81 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493110 .2500 319,300.75 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493111 .2500 211,591.63 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493112 .2500 303,368.25 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493113 .2500 104,764.74 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493114 .2500 124,500.20 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493115 .2500 224,390.05 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493116 .2500 245,805.36 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493117 .2500 69,850.81 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493119 .2500 71,842.68 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493120 .2500 231,493.06 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493121 .2500 108,967.29 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493122 .2500 230,981.36 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493123 .2500 96,538.59 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493124 .2500 122,037.86 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493125 .2500 164,482.00 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493126 .2500 169,059.00 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493127 .2500 129,749.59 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1493128 .2500 139,723.39 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493129 .2500 59,868.88 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493130 .2500 81,806.95 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493131 .2500 155,566.92 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493132 .2500 278,343.12 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493133 .2500 136,672.49 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493134 .2500 259,417.49 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493135 .2500 81,313.63 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493136 .2500 89,782.80 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493137 .2500 235,002.81 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493138 .2500 107,775.57 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493139 .2500 83,487.83 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493140 .2500 151,741.89 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493142 .2500 239,501.24 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493143 .2500 256,452.31 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493144 .2500 249,530.58 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1 1493145 .2500 119,737.79 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493146 .2500 230,694.37 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493147 .2500 136,693.08 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493148 .2500 289,943.81 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493149 .2500 339,238.27 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493150 .2500 243,530.01 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493151 .2500 62,875.53 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493152 .2500 74,855.55 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1493153 .2500 119,731.14 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493154 .2500 187,019.14 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493155 .2500 88,065.01 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493156 .2500 165,796.63 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493157 .2500 211,525.06 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493158 .2500 132,694.52 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493159 .2500 459,067.86 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493160 .2500 161,461.38 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493161 .2500 128,404.40 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493162 .2500 156,689.82 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493163 .2500 286,307.38 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493164 .2500 373,410.73 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493165 .2500 243,256.07 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493167 .2500 39,561.33 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493168 .2500 155,648.26 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493169 .2500 279,372.69 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493170 .2500 149,725.46 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1493171 .2500 431,875.29 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493172 .2500 118,426.51 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493173 .2500 540,785.73 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493174 .2500 298,495.56 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493175 .2500 149,688.30 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493176 .2500 193,155.33 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493177 .2500 133,692.23 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1493178 .2500 407,152.12 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493179 .2500 119,680.64 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493180 .2500 148,649.20 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493181 .2500 153,663.49 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493182 .2500 227,725.75 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493183 .2500 94,781.80 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493184 .2500 326,017.97 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493185 .2500 63,867.01 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493186 .2500 202,533.74 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493187 .2500 202,141.43 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493188 .2500 300,091.77 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493189 .2500 181,066.84 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493190 .2500 138,404.43 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493191 .2500 69,818.17 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493192 .2500 109,953.12 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493194 .2500 201,671.35 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493195 .2500 89,793.27 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493196 .2500 189,518.40 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493197 .2500 149,156.99 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493198 .2500 166,262.41 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493199 .2500 393,095.42 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493200 .2500 88,109.73 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493201 .2500 90,864.50 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493202 .2500 351,321.98 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1 1493203 .2500 235,457.96 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493204 .2500 172,317.17 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493205 .2500 561,019.92 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493206 .2500 122,879.99 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493207 .2500 124,733.60 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493208 .2500 84,879.63 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493209 .2500 341,271.17 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493211 .2500 125,088.12 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1 1493212 .2500 239,668.58 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493213 .2500 183,555.96 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493214 .2500 65,894.14 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493215 .2500 259,340.95 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493216 .2500 127,354.21 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493217 .2500 169,569.08 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493218 .2500 66,163.09 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493220 .2500 140,691.90 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493221 .2500 164,382.05 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493222 .2500 256,324.45 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493223 .2500 29,923.96 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493224 .2500 246,403.92 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493225 .2500 187,609.31 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493226 .2500 433,642.80 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493227 .2500 284,600.39 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493228 .2500 271,390.63 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493229 .2500 369,171.07 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493230 .2500 185,666.74 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493231 .2500 174,408.52 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493232 .2500 204,359.60 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493233 .2500 251,421.21 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493234 .2500 94,303.62 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493235 .2500 139,775.42 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493236 .2500 74,737.39 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493237 .2500 179,751.45 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493238 .2500 199,716.79 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493239 .2500 94,843.80 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493240 .2500 238,786.96 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493241 .2500 169,776.83 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493242 .2500 250,036.37 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493243 .2500 349,516.69 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493244 .2500 216,676.89 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493245 .2500 329,520.80 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493246 .2500 47,669.45 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493247 .2500 143,790.90 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493248 .2500 152,379.17 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493249 .2500 185,736.59 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493250 .2500 113,817.13 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493251 .2500 308,516.46 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493252 .2500 169,720.50 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1 1493253 .2500 181,515.50 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493254 .2500 483,279.36 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493256 .2500 67,477.45 .0800 6.5000 .0000 6.2500 .0000 6.1700 .0000 6.1700 .0000 1493257 .2500 264,634.07 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493258 .2500 179,725.22 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493260 .2500 624,136.94 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493261 .2500 923,785.74 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493262 .2500 278,420.21 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493263 .2500 264,564.30 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493264 .2500 309,571.91 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493265 .2500 306,690.54 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493266 .2500 236,672.73 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493267 .2500 262,745.51 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493269 .2500 79,875.18 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493270 .2500 259,640.97 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493271 .2500 201,464.30 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1493272 .2500 163,795.41 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493273 .2500 71,310.93 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493274 .2500 357,493.01 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493275 .2500 237,671.34 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493276 .2500 122,217.75 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493277 .2500 79,874.81 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493278 .2500 103,824.74 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493279 .2500 49,838.49 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1 1493280 .2500 211,207.94 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493281 .2500 433,369.78 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493282 .2500 199,679.17 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493283 .2500 139,791.55 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493285 .2500 184,204.04 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493286 .2500 252,423.61 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493288 .2500 259,612.87 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493289 .2500 113,830.27 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493290 .2500 249,627.76 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493291 .2500 51,862.10 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493292 .2500 101,836.39 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493293 .2500 134,808.81 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493294 .2500 235,592.48 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493295 .2500 274,398.18 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493296 .2500 463,958.17 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493297 .2500 266,621.89 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1493298 .2500 254,638.88 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493299 .2500 99,851.12 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493300 .2500 114,554.78 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493301 .2500 141,538.94 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493302 .2500 222,699.74 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493303 .2500 159,773.41 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493304 .2500 197,009.21 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493305 .2500 99,858.39 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1493306 .2500 289,422.61 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493307 .2500 84,849.61 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493308 .2500 289,609.53 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493309 .2500 134,798.99 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493310 .2500 203,725.33 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493311 .2500 134,798.99 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493312 .2500 97,178.83 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493313 .2500 116,838.43 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493314 .2500 228,442.00 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493315 .2500 250,844.26 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493316 .2500 71,872.61 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493317 .2500 183,758.47 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493318 .2500 476,124.79 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493319 .2500 225,848.36 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493320 .2500 89,840.75 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493321 .2500 486,809.64 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1493322 .2500 114,837.15 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493323 .2500 429,327.09 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493324 .2500 229,657.55 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493325 .2500 105,342.90 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493326 .2500 164,621.40 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493327 .2500 159,755.76 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493328 .2500 141,783.23 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493329 .2500 335,524.17 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1493330 .2500 112,295.36 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493331 .2500 109,592.84 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493332 .2500 234,667.21 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493333 .2500 374,441.66 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493334 .2500 399,433.54 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493335 .2500 91,872.96 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493336 .2500 449,295.80 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493338 .2500 249,636.97 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493339 .2500 149,765.27 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493340 .2500 124,822.97 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493341 .2500 318,730.12 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493342 .2500 311,558.16 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493343 .2500 151,773.67 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493344 .2500 239,633.64 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493345 .2500 115,116.62 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493346 .2500 279,583.10 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493347 .2500 309,490.30 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493348 .2500 133,819.58 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493349 .2500 164,735.31 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493351 .2500 169,727.31 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493352 .2500 131,826.72 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493353 .2500 138,582.79 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493354 .2500 107,713.67 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493355 .2500 259,320.54 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493356 .2500 29,748.88 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493357 .2500 375,480.78 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493358 .2500 202,674.36 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493359 .2500 454,487.65 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493360 .2500 299,585.73 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493361 .2500 244,626.01 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493362 .2500 174,165.18 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493363 .2500 239,624.43 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1493364 .2500 263,635.45 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493365 .2500 179,876.13 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493366 .2500 79,874.81 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493368 .2500 449,690.32 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493369 .2500 255,628.26 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493370 .2500 62,953.24 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493371 .2500 467,430.95 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1493372 .2500 83,931.15 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1 1493373 .2500 69,903.34 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493374 .2500 103,926.60 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493375 .2500 266,195.55 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1493377 .2500 49,929.19 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493378 .2500 244,822.68 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493379 .2500 131,904.46 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493380 .2500 64,951.76 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493381 .2500 239,584.50 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1 1493382 .2500 332,720.24 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493383 .2500 774,479.99 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493384 .2500 129,829.34 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493385 .2500 229,158.29 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493386 .2500 148,261.79 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493387 .2500 299,693.97 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493389 .2500 401,386.35 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493390 .2500 331,747.38 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1493391 .2500 177,766.98 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1493392 .2500 278,563.40 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493393 .2500 117,437.61 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493394 .2500 149,753.38 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493395 .2500 189,737.64 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493396 .2500 137,389.95 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493397 .2500 294,807.03 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493398 .2500 261,541.19 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1493400 .2500 105,527.33 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493401 .2500 315,259.93 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493402 .2500 116,093.48 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493403 .2500 159,878.25 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493404 .2500 160,689.34 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493406 .2500 333,758.26 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493407 .2500 95,923.23 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493408 .2500 122,263.65 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1 1493409 .2500 412,216.12 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493410 .2500 524,600.52 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493411 .2500 194,851.62 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493413 .2500 314,799.14 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493414 .2500 211,764.81 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493415 .2500 70,947.31 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493416 .2500 131,579.70 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1493417 .2500 79,386.59 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1493418 .2500 136,917.01 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1493419 .2500 275,795.17 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493420 .2500 247,829.33 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493421 .2500 214,836.40 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493423 .2500 103,910.46 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493424 .2500 249,789.97 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493425 .2500 473,620.95 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493426 .2500 131,902.04 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493428 .2500 117,903.27 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493429 .2500 106,926.37 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493430 .2500 146,401.37 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493431 .2500 92,736.14 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493432 .2500 357,734.31 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493433 .2500 69,951.83 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493434 .2500 127,902.61 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493435 .2500 142,002.21 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1 1493436 .2500 109,174.81 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493437 .2500 292,282.93 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493438 .2500 329,761.16 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493439 .2500 244,794.17 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493440 .2500 74,942.93 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493441 .2500 118,268.55 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493443 .2500 64,887.92 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493444 .2500 287,786.26 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1 1493446 .2500 122,770.97 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493447 .2500 799,420.98 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493448 .2500 219,810.58 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493449 .2500 646,519.83 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493450 .2500 91,930.00 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493451 .2500 171,872.35 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493453 .2500 159,892.65 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493454 .2500 249,809.77 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1493456 .2500 149,906.77 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1493457 .2500 149,092.01 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493458 .2500 212,653.55 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493459 .2500 110,902.06 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493461 .2500 135,746.63 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493462 .2500 219,810.58 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493463 .2500 206,868.01 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493464 .2500 399,655.61 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1 1493465 .2500 137,481.53 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493466 .2500 239,808.08 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493467 .2500 599,565.74 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493468 .2500 74,941.50 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493469 .2500 391,701.72 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493470 .2500 269,773.17 .0800 6.8750 .0000 6.6250 .0000 6.5450 .0000 6.5450 .0000 1493471 .2500 223,857.16 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493472 .2500 491,576.40 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1 1493473 .2500 474,681.29 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493474 .2500 347,741.73 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493475 .2500 99,927.63 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493477 .2500 121,459.79 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493478 .2500 251,812.98 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493479 .2500 179,693.84 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1493480 .2500 261,805.56 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493481 .2500 549,601.92 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493482 .2500 354,709.01 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493483 .2500 234,807.37 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493484 .2500 499,638.11 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493485 .2500 94,927.71 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493486 .2500 109,742.17 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493487 .2500 227,803.70 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493488 .2500 149,877.05 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493489 .2500 134,924.32 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1 1493490 .2500 349,726.96 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493491 .2500 140,952.54 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493492 .2500 203,049.20 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493493 .2500 191,853.90 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493494 .2500 499,590.16 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493495 .2500 299,798.71 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493496 .2500 107,931.13 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1493497 .2500 239,858.30 .0800 8.6250 .0000 8.3750 .0000 8.2950 .7950 7.5000 .0000 1 1493498 .2500 137,655.20 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1493500 .2500 233,826.34 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493501 .2500 411,686.50 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493502 .2500 599,543.45 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493503 .2500 271,803.13 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1493504 .2500 364,722.27 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493505 .2500 199,847.82 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493506 .2500 179,841.19 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1 1493507 .2500 114,908.03 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493508 .2500 287,796.73 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493509 .2500 174,845.61 .0800 6.6250 .0000 6.3750 .0000 6.2950 .0000 6.2950 .0000 1493510 .2500 86,390.80 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493511 .2500 114,940.38 .0800 9.2500 .0000 9.0000 .0000 8.9200 1.4200 7.5000 .0000 1493512 .2500 299,777.36 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493513 .2500 985,304.10 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493514 .2500 99,934.58 .0800 8.1250 .0000 7.8750 .0000 7.7950 .2950 7.5000 .0000 1 1493515 .2500 599,597.41 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493517 .2500 234,821.18 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493518 .2500 244,813.58 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493519 .2500 334,763.56 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493521 .2500 245,817.43 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493522 .2500 114,912.49 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493523 .2500 267,580.49 .0800 7.0000 .0000 6.7500 .0000 6.6700 .0000 6.6700 .0000 1493524 .2500 439,681.54 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1493527 .2500 141,292.25 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1493529 .2500 59,857.65 .0800 7.7500 .0000 7.5000 .0000 7.4200 .0000 7.4200 .0000 1493530 .2500 150,898.69 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493531 .2500 479,730.90 .0800 8.8750 .0000 8.6250 .0000 8.5450 1.0450 7.5000 .0000 1493532 .2500 155,875.25 .0800 7.1250 .0000 6.8750 .0000 6.7950 .0000 6.7950 .0000 1493533 .2500 223,849.70 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1493534 .2500 58,949.21 .0800 6.7500 .0000 6.5000 .0000 6.4200 .0000 6.4200 .0000 1493535 .2500 424,676.61 .0800 7.3750 .0000 7.1250 .0000 7.0450 .0000 7.0450 .0000 1 1493537 .2500 287,775.33 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1493538 .2500 35,973.28 .0800 7.5000 .0000 7.2500 .0000 7.1700 .0000 7.1700 .0000 1493540 .2500 1,283.53 .0800 9.0000 .0000 8.7500 .0000 8.6700 1.1700 7.5000 .0000 1493585 .2500 368,150.00 .0300 8.3750 .0000 8.1250 .0000 8.0950 .5950 7.5000 .0000 1494140 .2500 220,000.00 .0300 8.6250 .0000 8.3750 .0000 8.3450 .8450 7.5000 .0000 1494225 .2500 366,940.83 .0300 7.7500 .0000 7.5000 .0000 7.4700 .0000 7.4700 .0000 1494537 .2500 337,890.48 .0300 8.7500 .0000 8.5000 .0000 8.4700 .9700 7.5000 .0000 1494561 .2500 142,750.00 .0300 8.3750 .0000 8.1250 .0000 8.0950 .5950 7.5000 .0000 1 1494753 .2500 200,000.00 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1494850 .2500 285,000.00 .0300 9.1250 .0000 8.8750 .0000 8.8450 1.3450 7.5000 .0000 1495047 .2500 236,000.00 .0800 8.2500 .0000 8.0000 .0000 7.9200 .4200 7.5000 .0000 1495320 .2500 258,750.00 .0300 8.7500 .0000 8.5000 .0000 8.4700 .9700 7.5000 .0000 1495343 .2500 238,300.00 .0300 8.8750 .0000 8.6250 .0000 8.5950 1.0950 7.5000 .0000 1495453 .2500 388,000.00 .0300 8.4000 .0000 8.1500 .0000 8.1200 .6200 7.5000 .0000 1495455 .2500 337,600.00 .0300 8.6500 .0000 8.4000 .0000 8.3700 .8700 7.5000 .0000 1495590 .2500 308,124.75 .0300 8.1250 .0000 7.8750 .0000 7.8450 .3450 7.5000 .0000 1 1495639 .2500 281,820.17 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1495835 .2500 255,476.93 .0300 8.5000 .0000 8.2500 .0000 8.2200 .7200 7.5000 .0000 1495837 .2500 218,000.00 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1495839 .2500 215,000.00 .0300 8.5000 .0000 8.2500 .0000 8.2200 .7200 7.5000 .0000 1495850 .2500 174,899.31 .0300 8.7500 .0000 8.5000 .0000 8.4700 .9700 7.5000 .0000 1495855 .2500 322,331.31 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1495858 .2500 325,760.00 .0300 8.4500 .0000 8.2000 .0000 8.1700 .6700 7.5000 .0000 1495891 .2500 262,232.67 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1 1495939 .2500 290,809.64 .0300 8.1250 .0000 7.8750 .0000 7.8450 .3450 7.5000 .0000 1495988 .2500 399,620.32 .0300 8.6250 .0000 8.3750 .0000 8.3450 .8450 7.5000 .0000 1496502 .2500 289,360.00 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1497025 .2500 258,916.84 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1497026 .2500 223,866.18 .0300 7.5000 .0000 7.2500 .0000 7.2200 .0000 7.2200 .0000 1497098 .2500 290,449.54 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1497101 .2500 228,846.35 .0300 8.0000 .0000 7.7500 .0000 7.7200 .2200 7.5000 .0000 1497103 .2500 211,200.49 .0300 7.7500 .0000 7.5000 .0000 7.4700 .0000 7.4700 .0000 1 1497105 .2500 237,243.33 .0300 7.7500 .0000 7.5000 .0000 7.4700 .0000 7.4700 .0000 1497108 .2500 489,305.89 .0300 7.7500 .0000 7.5000 .0000 7.4700 .0000 7.4700 .0000 1497234 .2500 365,000.00 .0300 8.1250 .0000 7.8750 .0000 7.8450 .3450 7.5000 .0000 1497237 .2500 250,000.00 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 1497238 .2500 272,300.00 .0300 8.7500 .0000 8.5000 .0000 8.4700 .9700 7.5000 .0000 1497241 .2500 500,000.00 .0300 8.5000 .0000 8.2500 .0000 8.2200 .7200 7.5000 .0000 1497301 .2500 380,800.00 .0300 7.7500 .0000 7.5000 .0000 7.4700 .0000 7.4700 .0000 1497481 .2500 128,924.04 .0800 7.2500 .0000 7.0000 .0000 6.9200 .0000 6.9200 .0000 1 1497484 .2500 100,756.48 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1497510 .2500 196,877.79 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1497514 .2500 345,843.08 .0800 8.3750 .0000 8.1250 .0000 8.0450 .5450 7.5000 .0000 1497528 .2500 320,482.78 .0800 8.5000 .0000 8.2500 .0000 8.1700 .6700 7.5000 .0000 1497550 .2500 101,587.37 .0800 7.8750 .0000 7.6250 .0000 7.5450 .0450 7.5000 .0000 1497555 .2500 129,736.59 .0800 8.0000 .0000 7.7500 .0000 7.6700 .1700 7.5000 .0000 1497563 .2500 249,819.06 .0800 7.6250 .0000 7.3750 .0000 7.2950 .0000 7.2950 .0000 1 1498362 .2500 217,500.00 .0300 8.2500 .0000 8.0000 .0000 7.9700 .4700 7.5000 .0000 TOTAL NUMBER OF LOANS: 1430 TOTAL BALANCE........: 367,497,079.85 1 RUN ON : 05/23/96 RFC DISCLOSURE SYSTEM RFFSDFIX-01 AT : 12.17.07H INITIAL SECURITY FEES AMORTIZED BALANCE SERIES : RFMSI I 1996-S14 FIXED SUMMARY REPORT CUTOFF : 05/01/96 POOL : 0004208 : : POOL STATUS: F WEIGHTED AVERAGES FROM TO --------------------------------------------------------------------------- CURR NOTE RATE 7.8443 6.5000 9.2500 RFC NET RATE 7.5943 6.2500 9.0000 NET MTG RATE(INVSTR RATE) 7.5160 6.1700 8.9200 POST STRIP RATE 7.3031 6.1700 7.5000 SUB SERV FEE .2500 .2500 .2500 MSTR SERV FEE .0783 .0300 .0800 ALL EXP .0000 .0000 .0000 MISC EXP .0000 .0000 .0000 SPREAD .2130 .0000 1.4200 STRIP .0000 .0000 .0000 TOTAL NUMBER OF LOANS: 1430 TOTAL BALANCE........: 367,497,079.85 *************************** * END OF REPORT * *************************** EXHIBIT G FORM OF SELLER/SERVICER CONTRACT This Seller/Servicer Contract (as may be amended, supplemented or otherwise modified from time to time, this "Contract") is made this _________ day of _______, 19____, by and between Residential Funding Corporation, its successors and assigns ("Residential Funding") and _____________________ (the "Seller/Servicer," and, together with Residential Funding, the "parties" and each, individually, a "party"). WHEREAS, the Seller/Servicer desires to sell Loans to, and/or service Loans for, Residential Funding, and Residential Funding desires to purchase Loans from the Seller/Servicer and/or have the Seller/Servicer service various of its Loans, pursuant to the terms of this Contract and the Residential Funding Seller and Servicer Guides incorporated herein by reference, as amended, supplemented or otherwise modified, from time to time (together, the "Guides"). NOW, THEREFORE, in consideration of the premises, and the terms, conditions and agreements set forth below, the parties agree as follows: 1. INCORPORATION OF GUIDES BY REFERENCE. The Seller/Servicer acknowledges that it has received and read the Guides. All provisions of the Guides are incorporated by reference into and made a part of this Contract, and shall be binding upon the parties; provided, however, that -------- ------- the Seller/Servicer shall be entitled to sell Loans to and/or service Loans for Residential Funding only if and for so long as it shall have been authorized to do so by Residential Funding in writing. Specific reference in this Contract to particular provisions of the Guides and not to other provisions does not mean that those provisions of the Guides not specifically cited in this Contract are not applicable. All terms used herein shall have the same meanings as such terms have in the Guides, unless the context clearly requires otherwise. 2. AMENDMENTS. This Contract may not be amended or modified orally, and no provision of this Contract may be waived or amended except in writing signed by the party against whom enforcement is sought. Such a written waiver or amendment must expressly reference this Contract. However, by their terms, the Guides may be amended or supplemented by Residential Funding from time to time. Any such amendment(s) to the Guides shall be binding upon the parties hereto. 3. REPRESENTATIONS AND WARRANTIES. a. Reciprocal Representations and Warranties. The Seller/Servicer and Residential Funding each represents and warrants to the other that as of the date of this Contract: (1) Each party is duly organized, validly existing, and in good standing under the laws of its jurisdiction of organization, is qualified, if necessary, to do business and in good standing in each jurisdiction in which it is required to be so qualified, and has the requisite power and authority to enter into this Contract and all other agreements which are contemplated by this Contract and to carry out its obligations hereunder and under the Guides and under such other agreements. (2) This Contract has been duly authorized, executed and delivered by each party and constitutes a valid and legally binding agreement of each party enforceable in accordance with its terms. (3) There is no action, proceeding or investigation pending or threatened, and no basis therefor is known to either party, that could affect the validity or prospective validity of this Contract. (4) Insofar as its capacity to carry out any obligation under this Contract is concerned, neither party is in violation of any charter, articles of incorporation, bylaws, mortgage, indenture, indebtedness, agreement, instrument, judgment, decree, order, statute, rule or regulation and none of the foregoing adversely affects its capacity to fulfill any of its obligations under this Contract. Its execution of, and performance pursuant to, this Contract will not result in a violation of any of the foregoing. b. Seller/Servicer's Representations, Warranties and Covenants. In addition to the representations, warranties and covenants made by the Seller/Servicer pursuant to subparagraph (a) of this paragraph 3, the Seller/Servicer makes the representations, warranties and covenants set forth in the Guides and, upon G-2 request, agrees to deliver to Residential Funding the certified Resolution of Board of Directors which authorizes the execution and delivery of this Contract. 4. REMEDIES OF RESIDENTIAL FUNDING. If an Event of Seller Default or an Event of Servicer Default shall occur, Residential Funding may, at its option, exercise one or more of those remedies set forth in the Guides. 5. SELLER/SERVICER'S STATUS AS INDEPENDENT CONTRACTOR. At no time shall the Seller/Servicer represent that it is acting as an agent of Residential Funding. The Seller/Servicer shall, at all times, act as an independent contractor. 6. PRIOR AGREEMENTS SUPERSEDED. This Contract restates, amends and supersedes any and all prior Seller Contracts or Servicer Contracts between the parties except that any subservicing agreement executed by the Seller/Servicer in connection with any loan-security exchange transaction shall not be affected. 7. ASSIGNMENT. This Contract may not be assigned or transferred, in whole or in part, by the Seller/Servicer without the prior written consent of Residential Funding. Residential Funding may sell, assign, convey, hypothecate, pledge or in any other way transfer, in whole or in part, without restriction, its rights under this Contract and the Guides with respect to any Commitment or Loan. 8. NOTICES. All notices, requests, demands or other communications that are to be given under this Contract shall be in writing, addressed to the appropriate parties and sent by telefacsimile or by overnight courier or by United States mail, postage prepaid, to the addresses and telefacsimile numbers specified below. However, another name, address and/or telefacsimile number may be substituted by the Seller/Servicer pursuant to the requirements of this paragraph 8, or Residential Funding pursuant to an amendment to the Guides. If to Residential Funding, notices must be sent to the appropriate address or telefacsimile number specified in the Guides. G-3 If to the Seller/Servicer, notice must be sent to: ------------------------------------- ------------------------------------- ------------------------------------- Attention:-------------------------------- Telefacsimile Number: (___) ___-____ 9. JURISDICTION AND VENUE. Each of the parties irrevocably submits to the jurisdiction of any state or federal court located in Hennepin County, Minnesota, over any action, suit or proceeding to enforce or defend any right under this Contract or otherwise arising from any loan sale or servicing relationship existing in connection with this Contract, and each of the parties irrevocably agrees that all claims in respect of any such action or proceeding may be heard or determined in such state or federal court. Each of the parties irrevocably waives the defense of an inconvenient forum to the maintenance of any such action or proceeding and any other substantive or procedural rights or remedies it may have with respect to the maintenance of any such action or proceeding in any such forum. Each of the parties agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in any other jurisdiction by suit on the judgment or in any other manner provided by law. Each of the parties further agrees not to institute any legal actions or proceedings against the other party or any director, officer, employee, attorney, agent or property of the other party, arising out of or relating to this Contract in any court other than as hereinabove specified in this paragraph 9. 10. MISCELLANEOUS. This Contract, including all documents incorporated by reference herein, constitutes the entire understanding between the parties hereto and supersedes all other agreements, covenants, representations, warranties, understandings and communications between the parties, whether written or oral, with respect to the transactions contemplated by this Contract. All paragraph headings contained herein are for convenience only and shall not be construed as part of this Contract. Any provision of this Contract that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining portions hereof or affecting the validity or enforceability of such provision in any other jurisdiction, and, to this end, the provisions hereof are G-4 severable. This Contract shall be governed by, and construed and enforced in accordance with, applicable federal laws and the laws of the State of Minnesota. G-5 IN WITNESS WHEREOF, the duly authorized officers of the Seller/Servicer and Residential Funding have executed this Seller/Servicer Contract as of the date first above written. ATTEST: SELLER/SERVICER [Corporate Seal] --------------------------- (Name of Seller/Servicer) By: By: -------------------- -------------------- (Signature) (Signature) By: -------------------- (Typed Name) (Typed Name) Title: Title: -------------------- ================================================================================ ATTEST: RESIDENTIAL FUNDING CORPORATION By: By: -------------------- -------------------- (Signature) (Signature) By: - -------------------- -------------------- (Typed Name) (Typed Name) Title: Title: G-6 EXHIBIT H FORMS OF REQUEST FOR RELEASE DATE: TO: RE: REQUEST FOR RELEASE OF DOCUMENTS In connection with the administration of the pool of Mortgage Loans held by you for the referenced pool, we request the release of the Mortgage Loan File described below. Pooling and Servicing Agreement Dated: Series#: Account#: Pool#: Loan#: Borrower Name(s): Reason for Document Request: (circle one) Mortgage Loan Prepaid in Full Mortgage Loan Repurchased "We hereby certify that all amounts received or to be received in connection with such payments which are required to be deposited have been or will be so deposited as provided in the Pooling and Servicing Agreement." - ------------------------------- Residential Funding Corporation Authorized Signature **************************************************************** TO CUSTODIAN/TRUSTEE: Please acknowledge this request, and check off documents being enclosed with a copy of this form. You should retain this form for your files in accordance with the terms of the Pooling and Servicing Agreement. Enclosed Documents: [ ] Promissory Note [ ] Primary Insurance Policy [ ] Mortgage or Deed of Trust [ ] Assignment(s) of Mortgage or Deed of Trust [ ] Title Insurance Policy [ ] Other: ------------------------------------ Deed of Trust - ---------------------- Name - ---------------------- Title - ---------------------- Date EXHIBIT I-1 FORM OF TRANSFER AFFIDAVIT AND AGREEMENT STATE OF ) : ss.: COUNTY OF ) [NAME OF OFFICER], being first duly sworn, deposes and says: 1. That he is [Title of Officer] of [Name of Owner] (record or beneficial owner of the Mortgage Pass-Through Certificates, Series 1996-S14, Class R (the "Owner")), a [savings institution] [corporation] duly organized and existing under the laws of [the State of __________________] [the United States], on behalf of which he makes this affidavit and agreement. 2. That the Owner (i) is not and will not be a "disqualified organization" as of [date of transfer] within the meaning of Section 860E(e)(5) of the Internal Revenue Code of 1986, as amended (the "Code"), (ii) will endeavor to remain other than a disqualified organization for so long as it retains its ownership interest in the Class [R-I][R-II] Certificates, and (iii) is acquiring the Class [R-I][R-II] Certificates for its own account or for the account of another Owner from which it has received an affidavit and agreement in substantially the same form as this affidavit and agreement. (For this purpose, a "disqualified organization" means the United States, any state or political subdivision thereof, any agency or instrumentality of any of the foregoing (other than an instrumentality all of the activities of which are subject to tax and, except for the Federal Home Loan Mortgage Corporation, a majority of whose board of directors is not selected by any such governmental entity) or any foreign government, international organization or any agency or instrumentality of such foreign government or organization, any rural electric or telephone cooperative, or any organization (other than certain farmers' cooperatives) that is generally exempt from federal income tax unless such organization is subject to the tax on unrelated business taxable income). 3. That the Owner is aware (i) of the tax that would be imposed on transfers of Class [R-I][R-II] Certificates to disqualified organizations under the Code, that applies to all transfers of Class [R-I][R-II] Certificates after March 31, 1988; (ii) that such tax would be on the transferor, or, if such transfer is through an agent (which person includes a broker, nominee or middleman) for a disqualified organization, on the agent; (iii) that the person otherwise liable for the tax shall be relieved of liability for the tax if the transferee furnishes to such person an affidavit that the transferee is not a disqualified organization and, at the time of transfer, such person does not have actual knowledge that the affidavit is false; and (iv) that the Class [R- I][R-II] Certificates may be "noneconomic residual interests" within the meaning of Treasury regulations promulgated pursuant to the Code and that the transferor of a noneconomic residual interest will remain liable for any taxes due with respect to the income on such residual interest, unless no significant purpose of the transfer was to impede the assessment or collection of tax. 4. That the Owner is aware of the tax imposed on a "pass-through entity" holding Class [R-I][R-II] Certificates if at any time during the taxable year of the pass-through entity a disqualified organization is the record holder of an interest in such entity. (For this purpose, a "pass through entity" includes a regulated investment company, a real estate investment trust or common trust fund, a partnership, trust or estate, and certain cooperatives.) [5. The Purchaser is not an employee benefit plan or other plan subject to the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (the "Code"), or an investment manager, named fiduciary or a trustee of any such plan, or any other Person acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any such plan.] 6. That the Owner is aware that the Trustee will not register the transfer of any Class [R-I][R-II] Certificates unless the transferee, or the transferee's agent, delivers to it an affidavit and agreement, among other things, in substantially the same form as this affidavit and agreement. The Owner expressly agrees that it will not consummate any such transfer if it knows or believes that any of the representations contained in such affidavit and agreement are false. 7. That the Owner has reviewed the restrictions set forth on the face of the Class [R-I][R-II] Certificates and the provisions of Section 5.02(f) of the Pooling and Servicing Agreement under which the Class [R-I][R-II] Certificates were issued (in particular, clause (iii)(A) and (iii)(B) of Section 5.02(f) which authorize the Trustee to deliver payments to a person other than the Owner and negotiate a mandatory sale by the Trustee in the event the Owner holds such Certificates in violation of Section 5.02(f)). The Owner expressly agrees to be bound by and to comply with such restrictions and provisions. 8. That the Owner consents to any additional restrictions or arrangements that shall be deemed necessary upon advice of counsel to constitute a reasonable arrangement to ensure that the Class [R-I][R-II] Certificates will only be owned, directly or indirectly, by an Owner that is not a disqualified organization. I-1-2 9. The Owner's Taxpayer Identification Number is ______________. 10. This affidavit and agreement relates only to the Class [R-I][R- II] Certificates held by the Owner and not to any other holder of the Class [R- I][R-II] Certificates. The Owner understands that the liabilities described herein relate only to the Class [R-I][R-II] Certificates. 11. That no purpose of the Owner relating to the transfer of any of the Class [R-I][R-II] Certificates by the Owner is or will be to impede the assessment or collection of any tax. 12. That the Owner has no present knowledge or expectation that it will be unable to pay any United States taxes owed by it so long as any of the Certificates remain outstanding. In this regard, the Owner hereby represents to and for the benefit of the person from whom it acquired the Class [R-I][R-II] Certificate that the Owner intends to pay taxes associated with holding such Class [R-I][R-II] Certificate as they become due, fully understanding that it may incur tax liabilities in excess of any cash flows generated by the Class [R- I][R-II] Certificate. 13. That the Owner has no present knowledge or expectation that it will become insolvent or subject to a bankruptcy proceeding for so long as any of the Class [R-I][R-II] Certificates remain outstanding. 14. The Owner is a citizen or resident of the United States, a corporation, partnership or other entity created or organized in, or under the laws of, the United States or any political subdivision thereof, or an estate or trust whose income from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its connection with the conduct of a trade or business within the United States. I-1-3 IN WITNESS WHEREOF, the Owner has caused this instrument to be executed on its behalf, pursuant to the authority of its Board of Directors, by its [Title of Officer] and its corporate seal to be hereunto attached, attested by its [Assistant] Secretary, this ____ day of _______________, 199__. [NAME OF OWNER] By: --------------------------- [Name of Officer] [Title of Officer] [Corporate Seal] ATTEST: - ------------------------ [Assistant] Secretary Personally appeared before me the above-named [Name of Officer], known or proved to me to be the same person who executed the foregoing instrument and to be the [Title of Officer] of the Owner, and acknowledged to me that he executed the same as his free act and deed and the free act and deed of the Owner. Subscribed and sworn before me this ____ day of ________________, 199__. ---------------------------------------------- NOTARY PUBLIC COUNTY OF_____________________________________ STATE OF______________________________________ My Commission expires the ____ day of _______________, 19__. I-1-4 EXHIBIT I-2 FORM OF TRANSFEROR CERTIFICATE __________________, 19__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Lake Boulevard Suite 600 Minneapolis, Minnesota 55437 The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 Re: Mortgage Pass-Through Certificates, Series 1996-S14, Class [R-I][R-II] ----------------------------------- Ladies and Gentlemen: This letter is delivered to you in connection with the transfer by _______________________________ (the "Seller") to _______________________________ (the "Purchaser") of $_____________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series 1996-S14, Class [R-I][R-II] (the "Certificates"), pursuant to Section 5.02 of the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), dated as of May 1, 1996 among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and The First National Bank of Chicago, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that: 1. No purpose of the Seller relating to the transfer of the Certificate by the Seller to the Purchaser is or will be to impede the assessment or collection of any tax. 2. The Seller understands that the Purchaser has delivered to the Trustee and the Master Servicer a transfer affidavit and agreement in the form attached to the Pooling and Servicing Agreement as Exhibit I-1. The Seller does not know or believe that any representation contained therein is false. 3. The Seller has at the time of the transfer conducted a reasonable investigation of the financial condition of the Purchaser as contemplated by Treasury Regulations Section 1.860E-1(c)(4)(i) and, has a result of that investiigation, the Seller has determined that the Purchaser has historically paid its debts as they become due and has found no significant evidence to indicate that the Purchaser will not continue to pay its debts as they become due in the future. The Seller understands that the transfer of a Class [R-I][R-II] Certificate may not be respected for United States income tax purposes (and the Seller may continue to be liable for United States income taxes associated therewith) unless the Seller has conducted such an investigation. 4. The Seller has no actual knowledge that the proposed Transferee is not both a United States Person and a Permitted Transferee. Very truly yours, -------------------------------------- (Seller) By:______________________________________ Name:____________________________________ Title:___________________________________ I-2-2 EXHIBIT J FORM OF INVESTOR REPRESENTATION LETTER ______________, 19__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Lake Boulevard Suite 600 Minneapolis, MN 55437 The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 RE: Mortgage Pass-Through Certificates, Series 1996-S14, [Class B-] ----------------------------- Ladies and Gentlemen: _________________________ (the "Purchaser") intends to purchase from ___________________________ (the "Seller") $_____________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series 1996-S14, Class __ (the "Certificates"), issued pursuant to the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), dated as of May 1, 1996 among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and The First National Bank of Chicago, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Purchaser hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that: 1. The Purchaser understands that (a) the Certificates have not been and will not be registered or qualified under the Securities Act of 1933, as amended (the "Act") or any state securities law, (b) the Company is not required to so register or qualify the Certificates, (c) the Certificates may be resold only if registered and qualified pursuant to the provisions of the Act or any state securities law, or if an exemption from such registration and qualification is available, (d) the Pooling and Servicing Agreement contains restrictions regarding the transfer of the Certificates and (e) the Certificates will bear a legend to the foregoing effect. 2. The Purchaser is acquiring the Certificates for its own account for investment only and not with a view to or for sale in connection with any distribution thereof in any manner that would violate the Act or any applicable state securities laws. 3. The Purchaser is (a) a substantial, sophisticated institutional investor having such knowledge and experience in financial and business matters, and, in particular, in such matters related to securities similar to the Certificates, such that it is capable of evaluating the merits and risks of investment in the Certificates, (b) able to bear the economic risks of such an investment and (c) an "accredited investor" within the meaning of Rule 501(a) promulgated pursuant to the Act. 4. The Purchaser has been furnished with, and has had an opportunity to review (a) [a copy of the Private Placement Memorandum, dated ___________________, 19__, relating to the Certificates (b)] a copy of the Pooling and Servicing Agreement and [b] [c] such other information concerning the Certificates, the Mortgage Loans and the Company as has been requested by the Purchaser from the Company or the Seller and is relevant to the Purchaser's decision to purchase the Certificates. The Purchaser has had any questions arising from such review answered by the Company or the Seller to the satisfaction of the Purchaser. [If the Purchaser did not purchase the Certificates from the Seller in connection with the initial distribution of the Certificates and was provided with a copy of the Private Placement Memorandum (the "Memorandum") relating to the original sale (the "Original Sale") of the Certificates by the Company, the Purchaser acknowledges that such Memorandum was provided to it by the Seller, that the Memorandum was prepared by the Company solely for use in connection with the Original Sale and the Company did not participate in or facilitate in any way the purchase of the Certificates by the Purchaser from the Seller, and the Purchaser agrees that it will look solely to the Seller and not to the Company with respect to any damage, liability, claim or expense arising out of, resulting from or in connection with (a) error or omission, or alleged error or omission, contained in the Memorandum, or (b) any information, development or event arising after the date of the Memorandum.] 5. The Purchaser has not and will not nor has it authorized or will it authorize any person to (a) offer, pledge, sell, dispose of or otherwise transfer any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) solicit any offer to buy or to accept a pledge, disposition of other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) otherwise J-2 approach or negotiate with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) make any general solicitation by means of general advertising or in any other manner or (e) take any other action, that (as to any of (a) through (e) above) would constitute a distribution of any Certificate under the Act, that would render the disposition of any Certificate a violation of Section 5 of the Act or any state securities law, or that would require registration or qualification pursuant thereto. The Purchaser will not sell or otherwise transfer any of the Certificates, except in compliance with the provisions of the Pooling and Servicing Agreement. [6. The Purchaser (a) is not an employee benefit or other plan subject to the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (the "Code") (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan; or (b) is an insurance company, the source of funds to be used by it to purchase the Certificates is an "insurance company general account" (within the meaning of Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60), and the purchase is being made in reliance upon the availability of the exemptive relief afforded under Section III of PTCE 95-60.] Very truly yours, ------------------------------- By:____________________________ Name:____________________________ Title:____________________________ J-3 EXHIBIT K FORM OF TRANSFEROR REPRESENTATION LETTER _________, 19__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Lake Boulevard Suite 600 Minneapolis, MN 55437 The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 Re: Mortgage Pass-Through Certificates, Series 1996-S14, [Class B-] ------------------------------- Ladies and Gentlemen: In connection with the sale by _____________(the "Seller") to __________________ (the "Purchaser") of $___________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series 1996-S14, Class N (the "Certificates"), issued pursuant to the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), dated as of May 1, 1996 among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and The First National Bank of Chicago, as trustee (the "Trustee"). The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that: Neither the Seller nor anyone acting on its behalf has (a) offered, pledged, sold, disposed of or otherwise transferred any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) has solicited any offer to buy or to accept a pledge, disposition or other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) has otherwise approached or negotiated with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) has made any general solicitation by means of general advertising or in any other manner, or (e) has taken any other action, that (as to any of (a) through (e) above) would constitute a distribution of the Certificates under the Securities Act of 1933 (the "Act"), that would render the disposition of any Certificate a violation of Section 5 of the Act or any state securities law, or that would require registration or qualification pursuant thereto. The Seller will not act, in any manner set forth in the foregoing sentence with respect to any Certificate. The Seller has not and will not sell or otherwise transfer any of the Certificates, except in compliance with the provisions of the Pooling and Servicing Agreement. Very truly yours, --------------------------------------- (Seller) By:_____________________________________ Name:___________________________________ Title:__________________________________ K-2 EXHIBIT L [FORM OF RULE 144A INVESTMENT REPRESENTATION] Description of Rule 144A Securities, including numbers: _______________________________________________ _______________________________________________ _______________________________________________ _______________________________________________ The undersigned seller, as registered holder (the "Seller"), intends to transfer the Rule 144A Securities described above to the undersigned buyer (the "Buyer"). 1. In connection with such transfer and in accordance with the agreements pursuant to which the Rule 144A Securities were issued, the Seller hereby certifies the following facts: Neither the Seller nor anyone acting on its behalf has offered, transferred, pledged, sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security from, or otherwise approached or negotiated with respect to the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action, that would constitute a distribution of the Rule 144A Securities under the Securities Act of 1933, as amended (the "1933 Act"), or that would render the disposition of the Rule 144A Securities a violation of Section 5 of the 1933 Act or require registration pursuant thereto, and that the Seller has not offered the Rule 144A Securities to any person other than the Buyer or another "qualified institutional buyer" as defined in Rule 144A under the 1933 Act. 2. The Buyer warrants and represents to, and covenants with, the Seller, the Trustee and the Master Servicer (as defined in the Pooling and Servicing Agreement (the "Agreement"), dated as of May 1, 1996 among Residential Funding Corporation as Master Servicer, Residential Funding Mortgage Securities I, Inc. as depositor pursuant to Section 5.02 of the Agreement and The First National Bank of Chicago, as trustee, as follows: a. The Buyer understands that the Rule 144A Securities have not been registered under the 1933 Act or the securities laws of any state. b. The Buyer considers itself a substantial, sophisticated institutional investor having such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investment in the Rule 144A Securities. c. The Buyer has been furnished with all information regarding the Rule 144A Securities that it has requested from the Seller, the Trustee or the Servicer. d. Neither the Buyer nor anyone acting on its behalf has offered, transferred, pledged, sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security from, or otherwise approached or negotiated with respect to the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action, that would constitute a distribution of the Rule 144A Securities under the 1933 Act or that would render the disposition of the Rule 144A Securities a violation of Section 5 of the 1933 Act or require registration pursuant thereto, nor will it act, nor has it authorized or will it authorize any person to act, in such manner with respect to the Rule 144A Securities. e. The Buyer is a "qualified institutional buyer" as that term is defined in Rule 144A under the 1933 Act and has completed either of the forms of certification to that effect attached hereto as Annex 1 or Annex 2. The Buyer is aware that the sale to it is being made in reliance on Rule 144A. The Buyer is acquiring the Rule 144A Securities for its own account or the accounts of other qualified institutional buyers, understands that such Rule 144A Securities may be resold, pledged or transferred only (i) to a person reasonably believed to be a qualified institutional buyer that purchases for its own account or for the account of a qualified institutional buyer to whom notice is given that the resale, pledge or transfer is being made in reliance on Rule 144A, or (ii) pursuant to another exemption from registration under the 1933 Act. [3. The Buyer a. is not an employee benefit or other plan subject to the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (the "Code") (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan; or L-2 b. is an insurance company, the source of funds to be used by it to purchase the Certificates is an "insurance company general account" (within the meaning of Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60), and the purchase is being made in reliance upon the availability of the exemptive relief afforded under Section III of PTCE 95-60.] 4. This document may be executed in one or more counterparts and by the different parties hereto on separate counterparts, each of which, when so executed, shall be deemed to be an original; such counterparts, together, shall constitute one and the same document. IN WITNESS WHEREOF, each of the parties has executed this document as of the date set forth below. - ------------------------------- ----------------------------- Print Name of Seller Print Name of Buyer By:____________________________ By:____________________________ Name: Name: Title: Title: Taxpayer Identification: Taxpayer Identification: No.____________________________ No._____________________________ Date:__________________________ Date:____________________________ L-3 ANNEX 1 TO EXHIBIT L -------------------- QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A -------------------------------------------------------- [For Buyers Other Than Registered Investment Companies] The undersigned hereby certifies as follows in connection with the Rule 144A Investment Representation to which this Certification is attached: 1. As indicated below, the undersigned is the President, Chief Financial Officer, Senior Vice President or other executive officer of the Buyer. 2. In connection with purchases by the Buyer, the Buyer is a "qualified institutional buyer" as that term is defined in Rule 144A under the Securities Act of 1933 ("Rule 144A") because (i) the Buyer owned and/or invested on a discretionary basis $______________________ in securities (except for the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A) and (ii) the Buyer satisfies the criteria in the category marked below. ___ Corporation, etc. The Buyer is a corporation (other than a bank, savings ----------------- and loan association or similar institution), Massachusetts or similar business trust, partnership, or charitable organization described in Section 501(c)(3) of the Internal Revenue Code. ___ Bank. The Buyer (a) is a national bank or banking institution organized ---- under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto. ---------------------------------- L-4 ___ Savings and Loan. The Buyer (a) is a savings and loan association, ---------------- building and loan association, cooperative bank, homestead association or similar institution, which is supervised and examined by a State or Federal authority having supervision over any such institutions or is a foreign savings and loan association or equivalent institution and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements. ___ Broker-Dealer. The Buyer is a dealer registered pursuant to Section 15 ------------- of the Securities Exchange Act of 1934. ___ Insurance Company. The Buyer is an insurance company whose primary and ----------------- predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State or territory or the District of Columbia. ___ State or Local Plan. The Buyer is a plan established and maintained by a ------------------- State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ___ ERISA Plan. The Buyer is an employee benefit plan within the meaning of ---------- Title I of the Employee Retirement Income Security Act of 1974. ___ Investment Adviser. The Buyer is an investment adviser registered under ------------------ the Investment Advisers Act of 1940. ___ SBIC. The Buyer is a Small Business Investment Company licensed by the ---- U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958. ___ Business Development Company. The Buyer is a business development ---------------------------- company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940. ___ Trust Fund. The Buyer is a trust fund whose trustee is a bank or trust ---------- company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans. L-5 3. The term "securities" as used herein does not include (i) securities ---------- ---------------- of issuers that are affiliated with the Buyer, (ii) securities that are part of an unsold allotment to or subscription by the Buyer, if the Buyer is a dealer, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps. 4. For purposes of determining the aggregate amount of securities owned and/or invested on a discretionary basis by the Buyer, the Buyer used the cost of such securities to the Buyer and did not include any of the securities referred to in the preceding paragraph. Further, in determining such aggregate amount, the Buyer may have included securities owned by subsidiaries of the Buyer, but only if such subsidiaries are consolidated with the Buyer in its financial statements prepared in accordance with generally accepted accounting principles and if the investments of such subsidiaries are managed under the Buyer's direction. However, such securities were not included if the Buyer is a majority-owned, consolidated subsidiary of another enterprise and the Buyer is not itself a reporting company under the Securities Exchange Act of 1934. 5. The Buyer acknowledges that it is familiar with Rule 144A and understands that the seller to it and other parties related to the Certificates are relying and will continue to rely on the statements made herein because one or more sales to the Buyer may be in reliance on Rule 144A. ___ ___ Will the Buyer be purchasing the Rule 144A Yes No Securities only for the Buyer's own account? 6. If the answer to the foregoing question is "no", the Buyer agrees that, in connection with any purchase of securities sold to the Buyer for the account of a third party (including any separate account) in reliance on Rule 144A, the Buyer will only purchase for the account of a third party that at the time is a "qualified institutional buyer" within the meaning of Rule 144A. In addition, the Buyer agrees that the Buyer will not purchase securities for a third party unless the Buyer has obtained a current representation letter from such third party or taken other appropriate steps contemplated by Rule 144A to conclude that such third party independently meets the definition of "qualified institutional buyer" set forth in Rule 144A. L-6 7. The Buyer will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice is given, the Buyer's purchase of Rule 144A Securities will constitute a reaffirmation of this certification as of the date of such purchase. ----------------------------------------- Print Name of Buyer By:_________________________________ Name: Title: Date:____________________________ L-7 ANNEX 2 TO EXHIBIT L -------------------- QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A -------------------------------------------------------- [For Buyers That Are Registered Investment Companies] The undersigned hereby certifies as follows in connection with the Rule 144A Investment Representation to which this Certification is attached: 1. As indicated below, the undersigned is the President, Chief Financial Officer or Senior Vice President of the Buyer or, if the Buyer is a "qualified institutional buyer" as that term is defined in Rule 144A under the Securities Act of 1933 ("Rule 144A") because Buyer is part of a Family of Investment Companies (as defined below), is such an officer of the Adviser. 2. In connection with purchases by Buyer, the Buyer is a "qualified institutional buyer" as defined in SEC Rule 144A because (i) the Buyer is an investment company registered under the Investment Company Act of 1940, and (ii) as marked below, the Buyer alone, or the Buyer's Family of Investment Companies, owned at least $100,000,000 in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year. For purposes of determining the amount of securities owned by the Buyer or the Buyer's Family of Investment Companies, the cost of such securities was used. ____ The Buyer owned $___________________ in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A). ____ The Buyer is part of a Family of Investment Companies which owned in the aggregate $______________ in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A). 3. The term "Family of Investment Companies" as used herein means ------------------------------ two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other). 4. The term "securities" as used herein does not include (i) ---------- securities of issuers that are affiliated with the Buyer or are part of the L-8 Buyer's Family of Investment Companies, (ii) bank deposit notes and certificates of deposit, (iii) loan participations, (iv) repurchase agreements, (v) securities owned but subject to a repurchase agreement and (vi) currency, interest rate and commodity swaps. 5. The Buyer is familiar with Rule 144A and understands that each of the parties to which this certification is made are relying and will continue to rely on the statements made herein because one or more sales to the Buyer will be in reliance on Rule 144A. In addition, the Buyer will only purchase for the Buyer's own account. 6. The undersigned will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice, the Buyer's purchase of Rule 144A Securities will constitute a reaffirmation of this certification by the undersigned as of the date of such purchase. ----------------------------------- Print Name of Buyer By:________________________________ Name:___________________________ Title:__________________________ IF AN ADVISER: ----------------------------------- Print Name of Buyer Date:_____________________________ L-9 EXHIBIT M [TEXT OF AMENDMENT TO POOLING AND SERVICING AGREEMENT PURSUANT TO SECTION 12.01(E) FOR A LIMITED GUARANTY] ARTICLE XII Subordinate Certificate Loss Coverage; Limited Guaranty Section 12.01. Subordinate Certificate Loss Coverage; Limited ---------------------------------------------- Guaranty. (a) Subject to subsection (c) below, prior to the later of the third - -------- Business Day prior to each Distribution Date or the related Determination Date, the Master Servicer shall determine whether it or any Subservicer will be entitled to any reimbursement pursuant to Section 4.02(a) on such Distribution Date for Advances or Subservicer Advances previously made, (which will not be Advances or Subservicer Advances that were made with respect to delinquencies which were subsequently determined to be Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses) and, if so, the Master Servicer shall demand payment from Residential Funding of an amount equal to the amount of any Advances or Subservicer Advances reimbursed pursuant to Section 4.02(a), to the extent such Advances or Subservicer Advances have not been included in the amount of the Realized Loss in the related Mortgage Loan, and shall distribute the same to the Class B Certificateholders in the same manner as if such amount were to be distributed pursuant to Section 4.02(a). (b) Subject to subsection (c) below, prior to the later of the third Business Day prior to each Distribution Date or the related Determination Date, the Master Servicer shall determine whether any Realized Losses (other than Excess Special Hazard Losses, Excess Bankruptcy Losses, Excess Fraud Losses and Extraordinary Losses) will be allocated to the Class B Certificates on such Distribution Date pursuant to Section 4.05, and, if so, the Master Servicer shall demand payment from Residential Funding of the amount of such Realized Loss and shall distribute the same to the Class B Certificateholders in the same manner as if such amount were to be distributed pursuant to Section 4.02(a); provided, however, that the amount of such demand in respect of any Distribution - -------- ------- Date shall in no event be greater than the sum of (i) the additional amount of Accrued Certificate Interest that would have been paid for the Class B Certificateholders on such Distribution Date had such Realized Loss or Losses not occurred plus (ii) the amount of the reduction in the Certificate Principal Balances of the Class B Certificates on such Distribution Date due to such Realized Loss or Losses. Notwithstanding such payment, such Realized Losses shall be deemed to have been borne by the Certificateholders for purposes of Section 4.05. Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses and Extraordinary Losses allocated to the Class B Certificates will not be covered by the Subordinate Certificate Loss Obligation. (c) Demands for payments pursuant to this Section shall be made prior to the later of the third Business Day prior to each Distribution Date or the related Determination Date by the Master Servicer with written notice thereof to the Trustee. The maximum amount that Residential Funding shall be required to pay pursuant to this Section on any Distribution Date (the "Amount Available") shall be equal to the lesser of (X) _______________ minus the sum of (i) all previous payments made under subsections (a) and (b) hereof and (ii) all draws under the Limited Guaranty made in lieu of such payments as described below in subsection (d) and (Y) the then outstanding Certificate Principal Balances of the Class B Certificates, or such lower amount as may be established pursuant to Section 12.02. Residential Funding's obligations as described in this Section are referred to herein as the "Subordinate Certificate Loss Obligation." (d) The Trustee will promptly notify General Motors Acceptance Corporation of any failure of Residential Funding to make any payments hereunder and shall demand payment pursuant to the limited guaranty (the "Limited Guaranty"), executed by General Motors Acceptance Corporation, of Residential Funding's obligation to make payments pursuant to this Section, in an amount equal to the lesser of (i) the Amount Available and (ii) such required payments, by delivering to General Motors Acceptance Corporation a written demand for payment by wire transfer, not later than the second Business Day prior to the Distribution Date for such month, with a copy to the Master Servicer. (e) All payments made by Residential Funding pursuant to this Section or amounts paid under the Limited Guaranty shall be deposited directly in the Certificate Account, for distribution on the Distribution Date for such month to the Class B Certificateholders. (f) The Company shall have the option, in its sole discretion, to substitute for either or both of the Limited Guaranty or the Subordinate Certificate Loss Obligation another instrument in the form of a corporate guaranty, an irrevocable letter of credit, a surety bond, insurance policy or similar instrument or a reserve fund; provided that (i) the Company obtains (subject to the provisions of Section 10.01(f) as if the Company was substituted for the Master Servicer solely for the purposes of such provision) an Opinion of Counsel (which need not be an opinion of Independent counsel) to the effect that obtaining such substitute corporate guaranty, irrevocable letter of credit, surety bond, insurance policy or similar instrument or reserve fund will not cause either (a) any federal tax to be imposed on the Trust Fund, including without limitation, any federal tax imposed on "prohibited transactions" under Section 860(F)(a)(1) of the Code or on "contributions after the startup M-2 date" under Section 860(G)(d)(1) of the Code or (b) either REMIC I or REMIC II to fail to qualify as a REMIC at any time that any Certificate is outstanding, and (ii) no such substitution shall be made unless (A) the substitute Limited Guaranty or Subordinate Certificate Loss Obligation is for an initial amount not less than the then current Amount Available and contains provisions that are in all material respects equivalent to the original Limited Guaranty or Subordinate Certificate Loss Obligation (including that no portion of the fees, reimbursements or other obligations under any such instrument will be borne by the Trust Fund), (B) the long term debt obligations of any obligor of any substitute Limited Guaranty or Subordinate Certificate Loss Obligation (if not supported by the Limited Guaranty) shall be rated at least the lesser of (a) the rating of the long term debt obligations of General Motors Acceptance Corporation as of the date of issuance of the Limited Guaranty and (b) the rating of the long term debt obligations of General Motors Acceptance Corporation at the date of such substitution and (C) the Company obtains written confirmation from each nationally recognized credit rating agency that rated the Class B Certificates at the request of the Company that such substitution shall not lower the rating on the Class B Certificates below the lesser of (a) the then-current rating assigned to the Class B Certificates by such rating agency and (b) the original rating assigned to the Class B Certificates by such rating agency. Any replacement of the Limited Guaranty or Subordinate Certificate Loss Obligation pursuant to this Section shall be accompanied by a written Opinion of Counsel to the substitute guarantor or obligor, addressed to the Master Servicer and the Trustee, that such substitute instrument constitutes a legal, valid and binding obligation of the substitute guarantor or obligor, enforceable in accordance with its terms, and concerning such other matters as the Master Servicer and the Trustee shall reasonably request. Neither the Company, the Master Servicer nor the Trustee shall be obligated to substitute for or replace the Limited Guaranty or Subordinate Certificate Loss Obligation under any circumstance. Section 12.02. Amendments Relating to the Limited Guaranty. ------------------------------------------- Notwithstanding Sections 12.01 or 12.01: (i) the provisions of this Article XII may be amended, superseded or deleted, (ii) the Limited Guaranty or Subordinate Certificate Loss Obligation may be amended, reduced or canceled, and (iii) any other provision of this Agreement which is related or incidental to the matters described in this Article XII may be amended in any manner; in each case by written instrument executed or consented to by the Company and Residential Funding but without the consent of any Certificateholder and without the consent of the Master Servicer or the Trustee being required unless any such amendment would impose any additional obligation on, or otherwise adversely affect the interests of, the Master Servicer or the Trustee, as applicable; provided that the Company shall also obtain a letter from each nationally recognized credit rating agency that rated the Class B Certificates at the request M-3 of the Company to the effect that such amendment, reduction, deletion or cancellation will not lower the rating on the Class B Certificates below the lesser of (a) the then-current rating assigned to the Class B Certificates by such rating agency and (b) the original rating assigned to the Class B Certificates by such rating agency, unless (A) the Holder of 100% of the Class B Certificates is Residential Funding or an Affiliate of Residential Funding, or (B) such amendment, reduction, deletion or cancellation is made in accordance with Section 12.01(e) and, provided further that the Company obtains (subject to the provisions of Section 10.01(f) as if the Company was substituted for the Master Servicer solely for the purposes of such provision), in the case of a material amendment or supersession (but not a reduction, cancellation or deletion of the Limited Guaranty or the Subordinate Certificate Loss Obligation), an Opinion of Counsel (which need not be an opinion of Independent counsel) to the effect that any such amendment or supersession will not cause either (a) any federal tax to be imposed on the Trust Fund, including without limitation, any federal tax imposed on "prohibited transactions" under Section 860F(a)(1) of the Code or on "contributions after the startup date" under Section 860G(d)(1) of the Code or (b) either REMIC I or REMIC II to fail to qualify as a REMIC at any time that any Certificate is outstanding. A copy of any such instrument shall be provided to the Trustee and the Master Servicer together with an Opinion of Counsel that such amendment complies with this Section 12.02. M-4 EXHIBIT N [FORM OF LIMITED GUARANTY] LIMITED GUARANTY RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. Mortgage Pass-Through Certificates Series 1996-S14 _________________199__ The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 Ladies and Gentlemen: WHEREAS, Residential Funding Corporation, a Delaware corporation ("Residential Funding"), an indirect wholly-owned subsidiary of General Motors Acceptance Corporation, a New York corporation ("GMAC"), plans to incur certain obligations as described under Section 12.01 of the Pooling and Servicing Agreement dated as of May 1, 1996 (the "Servicing Agreement"), among Residential Funding Mortgage Securities I, Inc. (the "Company"), Residential Funding and The First National Bank of Chicago (the "Trustee") as amended by Amendment No. ___ thereto, dated as of ________, with respect to the Mortgage Pass-Through Certificates, Series 1996-S14 (the "Certificates"); and WHEREAS, pursuant to Section 12.01 of the Servicing Agreement, Residential Funding agrees to make payments to the Holders of the Class B Certificates with respect to certain losses on the Mortgage Loans as described in the Servicing Agreement; and WHEREAS, GMAC desires to provide certain assurances with respect to the ability of Residential Funding to secure sufficient funds and faithfully to perform its Subordinate Certificate Loss Obligation; NOW THEREFORE, in consideration of the premises herein contained and certain other good and valuable consideration, the receipt of which is hereby acknowledged, GMAC agrees as follows: 1. Provision of Funds. (a) GMAC agrees to contribute and deposit in ------------------ the Certificate Account on behalf of Residential Funding (or otherwise provide to Residential Funding, or to cause to be made available to Residential Funding), either directly or through a subsidiary, in any case prior to the related Distribution Date, such moneys as may be required by Residential Funding to perform its Subordinate Certificate Loss Obligation when and as the same arises from time to time upon the demand of the Trustee in accordance with Section 12.01 of the Servicing Agreement. (b) The agreement set forth in the preceding clause (a) shall be absolute, irrevocable and unconditional and shall not be affected by the transfer by GMAC or any other person of all or any part of its or their interest in Residential Funding, by any insolvency, bankruptcy, dissolution or other proceeding affecting Residential Funding or any other person, by any defense or right of counterclaim, set-off or recoupment that GMAC may have against Residential Funding or any other person or by any other fact or circumstance. Notwithstanding the foregoing, GMAC's obligations under clause (a) shall terminate upon the earlier of (x) substitution for this Limited Guaranty pursuant to Section 12.01(f) of the Servicing Agreement, or (y) the termination of the Trust Fund pursuant to the Servicing Agreement. 2. Waiver. GMAC hereby waives any failure or delay on the part of ------ Residential Funding, the Trustee or any other person in asserting or enforcing any rights or in making any claims or demands hereunder. Any defective or partial exercise of any such rights shall not preclude any other or further exercise of that or any other such right. GMAC further waives demand, presentment, notice of default, protest, notice of acceptance and any other notices with respect to this Limited Guaranty, including, without limitation, those of action or nonaction on the part of Residential Funding or the Trustee. 3. Modification, Amendment and Termination. This Limited Guaranty --------------------------------------- may be modified, amended or terminated only by the written agreement of GMAC and the Trustee and only if such modification, amendment or termination is permitted under Section 12.02 of the Servicing Agreement. The obligations of GMAC under this Limited Guaranty shall continue and remain in effect so long as the Servicing Agreement is not modified or amended in any way that might affect the obligations of GMAC under this Limited Guaranty without the prior written consent of GMAC. 4. Successor. Except as otherwise expressly provided herein, the --------- guarantee herein set forth shall be binding upon GMAC and its respective successors. 5. Governing Law. This Limited Guaranty shall be governed by the ------------- laws of the State of New York. 6. Authorization and Reliance. GMAC understands that a copy of this -------------------------- Limited Guaranty shall be delivered to the Trustee in connection with the execution of Amendment No. 1 to the Servicing Agreement and GMAC hereby authorizes the Company and N-2 the Trustee to rely on the covenants and agreements set forth herein. 7. Definitions. Capitalized terms used but not otherwise defined ----------- herein shall have the meaning given them in the Servicing Agreement. 8. Counterparts. This Limited Guaranty may be executed in any ------------ number of counterparts, each of which shall be deemed to be an original and such counterparts shall constitute but one and the same instrument. IN WITNESS WHEREOF, GMAC has caused this Limited Guaranty to be executed and delivered by its respective officers thereunto duly authorized as of the day and year first above written. GENERAL MOTORS ACCEPTANCE CORPORATION By:______________________________ Name:____________________________ Title:___________________________ Acknowledged by: THE FIRST NATIONAL BANK OF CHICAGO, as Trustee By:____________________________________ Name:__________________________________ Title:_________________________________ RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. By: ________________________________ Name:________________________________ Title:_______________________________ N-3 EXHIBIT O FORM OF LENDER CERTIFICATION FOR ASSIGNMENT OF MORTGAGE LOAN __________________, 19____ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Lake Boulevard Suite 600 Minneapolis, Minnesota 55437 The First National Bank of Chicago One North State Street Chicago, Illinois 60602 Attention: Residential Funding Corporation Series 1996-S14 Re: Mortgage Pass-Through Certificates, Series 1996-S14 Assignment of Mortgage Loan Ladies and Gentlemen: This letter is delivered to you in connection with the assignment by _________________ (the "Trustee") to _______________________ (the "Lender") of _______________ (the "Mortgage Loan") pursuant to Section 3.13(d) of the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), dated as of May 1, 1996 among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and the Trustee. All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Lender hereby certifies, represents and warrants to, and covenants with, the Master Servicer and the Trustee that: (i) the Mortgage Loan is secured by Mortgaged Property located in a jurisdiction in which an assignment in lieu of satisfaction is required to preserve lien priority, minimize or avoid mortgage recording taxes or otherwise comply with, or facilitate a refinancing under, the laws of such jurisdiction; (ii) the substance of the assignment is, and is intended to be, a refinancing of such Mortgage Loan and the form of the transaction is solely to comply with, or facilitate the transaction under, such local laws; (iii) the Mortgage Loan following the proposed assignment will be modified to have a rate of interest at least 0.25 percent below or above the rate of interest on such Mortgage Loan prior to such proposed assignment; and (iv) such assignment is at the request of the borrower under the related Mortgage Loan. Very truly yours, -------------------------------- (Lender) By:_____________________________ Name:___________________________ Title:__________________________ O-2 EXHIBIT P SCHEDULE OF DISCOUNT FRACTIONS Schedule of Discount Fractions PRINCIPAL NET MORTGAGE DISCOUNT PO LOAN # BALANCE RATE FRACTION BALANCE 1493256 67,477.45 6.170 17.7333333333% 11,966.00 1492050 72,594.11 6.295 16.0666666667% 11,663.45 1492319 243,340.87 6.295 16.0666666667% 39,096.77 1492324 255,507.87 6.295 16.0666666667% 41,051.60 1492329 141,600.82 6.295 16.0666666667% 22,750.53 1492331 91,855.93 6.295 16.0666666667% 14,758.19 1493155 88,065.01 6.295 16.0666666667% 14,149.11 1493179 119,680.64 6.295 16.0666666667% 19,228.69 1493226 433,642.80 6.295 16.0666666667% 69,671.94 1493307 84,849.61 6.295 16.0666666667% 13,632.50 1493316 71,872.61 6.295 16.0666666667% 11,547.53 1493320 89,840.75 6.295 16.0666666667% 14,434.41 1493459 110,902.06 6.295 16.0666666667% 17,818.26 1493506 179,841.19 6.295 16.0666666667% 28,894.48 1493509 174,845.61 6.295 16.0666666667% 28,091.86 1492054 154,266.93 6.420 14.4000000000% 22,214.44 1492162 234,285.31 6.420 14.4000000000% 33,737.08 1492198 245,099.54 6.420 14.4000000000% 35,294.33 1492322 249,124.16 6.420 14.4000000000% 35,873.88 1493148 289,943.81 6.420 14.4000000000% 41,751.91 1493171 431,875.29 6.420 14.4000000000% 62,190.04 1493191 69,818.17 6.420 14.4000000000% 10,053.82 1493206 122,879.99 6.420 14.4000000000% 17,694.72 1493267 262,745.51 6.420 14.4000000000% 37,835.35 1493294 235,592.48 6.420 14.4000000000% 33,925.32 1493304 197,009.21 6.420 14.4000000000% 28,369.33 1493341 318,730.12 6.420 14.4000000000% 45,897.14 1493354 107,713.67 6.420 14.4000000000% 15,510.77 1493423 103,910.46 6.420 14.4000000000% 14,963.11 1493448 219,810.58 6.420 14.4000000000% 31,652.72 1493462 219,810.58 6.420 14.4000000000% 31,652.72 1493464 399,655.61 6.420 14.4000000000% 57,550.41 1493465 137,481.53 6.420 14.4000000000% 19,797.34 1493472 491,576.40 6.420 14.4000000000% 70,787.00 1493487 227,803.70 6.420 14.4000000000% 32,803.73 1493534 58,949.21 6.420 14.4000000000% 8,488.69 1492079 144,306.30 6.545 12.7333333333% 18,375.00 1492088 232,440.79 6.545 12.7333333333% 29,597.46 1492191 148,300.12 6.545 12.7333333333% 18,883.55 1492246 275,781.48 6.545 12.7333333333% 35,116.18 1492307 309,775.57 6.545 12.7333333333% 39,444.76 1492323 248,009.47 6.545 12.7333333333% 31,579.87 1492343 35,243.94 6.545 12.7333333333% 4,487.73 1492447 126,202.51 6.545 12.7333333333% 16,069.79 1492758 381,951.08 6.545 12.7333333333% 48,635.10 1493035 254,135.68 6.545 12.7333333333% 32,359.94 1493125 164,482.00 6.545 12.7333333333% 20,944.04 1493137 235,002.81 6.545 12.7333333333% 29,923.69 1493139 83,487.83 6.545 12.7333333333% 10,630.78 1493154 187,019.14 6.545 12.7333333333% 23,813.77 1493196 189,518.40 6.545 12.7333333333% 24,132.01 1493211 125,088.12 6.545 12.7333333333% 15,927.89 1493215 259,340.95 6.545 12.7333333333% 33,022.75 1493217 169,569.08 6.545 12.7333333333% 21,591.80 1493223 29,923.96 6.545 12.7333333333% 3,810.32 1493278 103,824.74 6.545 12.7333333333% 13,220.35 1493291 51,862.10 6.545 12.7333333333% 6,603.77 1493300 114,554.78 6.545 12.7333333333% 14,586.64 1493326 164,621.40 6.545 12.7333333333% 20,961.79 1493356 29,748.88 6.545 12.7333333333% 3,788.02 1493381 239,584.50 6.545 12.7333333333% 30,507.09 1493382 332,720.24 6.545 12.7333333333% 42,366.38 1493424 249,789.97 6.545 12.7333333333% 31,806.59 1493439 244,794.17 6.545 12.7333333333% 31,170.46 1493470 269,773.17 6.545 12.7333333333% 34,351.12 1492018 251,044.05 6.670 11.0666666667% 27,782.21 1492083 73,135.91 6.670 11.0666666667% 8,093.71 1492087 145,802.40 6.670 11.0666666667% 16,135.47 1492096 262,609.59 6.670 11.0666666667% 29,062.13 1492169 267,899.72 6.670 11.0666666667% 29,647.57 1492206 221,273.46 6.670 11.0666666667% 24,487.60 1492237 243,696.81 6.670 11.0666666667% 26,969.11 1492328 244,737.29 6.670 11.0666666667% 27,084.26 1492334 81,475.34 6.670 11.0666666667% 9,016.60 1492480 282,601.62 6.670 11.0666666667% 31,274.58 1492584 245,134.69 6.670 11.0666666667% 27,128.24 1492712 418,571.76 6.670 11.0666666667% 46,321.94 1492806 96,930.66 6.670 11.0666666667% 10,726.99 1492975 448,134.06 6.670 11.0666666667% 49,593.50 1493065 260,485.55 6.670 11.0666666667% 28,827.07 1493089 299,007.72 6.670 11.0666666667% 33,090.19 1493095 313,958.13 6.670 11.0666666667% 34,744.70 1493099 355,019.11 6.670 11.0666666667% 39,288.78 1493101 85,004.73 6.670 11.0666666667% 9,407.19 1493239 94,843.80 6.670 11.0666666667% 10,496.05 1493252 169,720.50 6.670 11.0666666667% 18,782.40 1493263 264,564.30 6.670 11.0666666667% 29,278.45 1493306 289,422.61 6.670 11.0666666667% 32,029.44 1493331 109,592.84 6.670 11.0666666667% 12,128.27 1493347 309,490.30 6.670 11.0666666667% 34,250.26 1493372 83,931.15 6.670 11.0666666667% 9,288.38 1493394 149,753.38 6.670 11.0666666667% 16,572.71 1493428 117,903.27 6.670 11.0666666667% 13,047.96 1493482 354,709.01 6.670 11.0666666667% 39,254.46 1493483 234,807.37 6.670 11.0666666667% 25,985.35 1493488 149,877.05 6.670 11.0666666667% 16,586.39 1493494 499,590.16 6.670 11.0666666667% 55,287.98 1493523 267,580.49 6.670 11.0666666667% 29,612.24 1492043 174,719.27 6.795 9.4000000000% 16,423.61 1492052 46,989.48 6.795 9.4000000000% 4,417.01 1492124 233,756.68 6.795 9.4000000000% 21,973.13 1492168 302,179.93 6.795 9.4000000000% 28,404.91 1492175 311,927.75 6.795 9.4000000000% 29,321.21 1492177 507,373.31 6.795 9.4000000000% 47,693.09 1492184 221,700.75 6.795 9.4000000000% 20,839.87 1492209 221,545.13 6.795 9.4000000000% 20,825.24 1492216 219,106.32 6.795 9.4000000000% 20,595.99 1492225 273,463.43 6.795 9.4000000000% 25,705.56 1492231 642,285.86 6.795 9.4000000000% 60,374.87 1492232 321,533.47 6.795 9.4000000000% 30,224.15 1492239 204,900.78 6.795 9.4000000000% 19,260.67 1492251 683,002.71 6.795 9.4000000000% 64,202.25 1492306 183,920.23 6.795 9.4000000000% 17,288.50 1492318 205,354.17 6.795 9.4000000000% 19,303.29 1492433 302,494.77 6.795 9.4000000000% 28,434.51 1492454 307,715.12 6.795 9.4000000000% 28,925.22 1492466 445,470.99 6.795 9.4000000000% 41,874.27 1492502 125,847.22 6.795 9.4000000000% 11,829.64 1492518 134,339.47 6.795 9.4000000000% 12,627.91 1492519 404,496.55 6.795 9.4000000000% 38,022.68 1492588 223,341.60 6.795 9.4000000000% 20,994.11 1492596 729,582.69 6.795 9.4000000000% 68,580.77 1492599 59,557.79 6.795 9.4000000000% 5,598.43 1492602 236,577.69 6.795 9.4000000000% 22,238.30 1492647 488,373.66 6.795 9.4000000000% 45,907.12 1492650 595,577.72 6.795 9.4000000000% 55,984.31 1492678 217,439.63 6.795 9.4000000000% 20,439.33 1492684 278,171.04 6.795 9.4000000000% 26,148.08 1492697 334,301.99 6.795 9.4000000000% 31,424.39 1492722 198,693.58 6.795 9.4000000000% 18,677.20 1492762 249,857.22 6.795 9.4000000000% 23,486.58 1492803 462,359.96 6.795 9.4000000000% 43,461.84 1492828 323,147.95 6.795 9.4000000000% 30,375.91 1492946 281,621.84 6.795 9.4000000000% 26,472.45 1492966 432,243.95 6.795 9.4000000000% 40,630.93 1492983 264,425.76 6.795 9.4000000000% 24,856.02 1493012 248,988.43 6.795 9.4000000000% 23,404.91 1493015 253,370.65 6.795 9.4000000000% 23,816.84 1493040 294,320.64 6.795 9.4000000000% 27,666.14 1493054 236,833.17 6.795 9.4000000000% 22,262.32 1493081 408,676.78 6.795 9.4000000000% 38,415.62 1493116 245,805.36 6.795 9.4000000000% 23,105.70 1493136 89,782.80 6.795 9.4000000000% 8,439.58 1493156 165,796.63 6.795 9.4000000000% 15,584.88 1493163 286,307.38 6.795 9.4000000000% 26,912.89 1493213 183,555.96 6.795 9.4000000000% 17,254.26 1493214 65,894.14 6.795 9.4000000000% 6,194.05 1493224 246,403.92 6.795 9.4000000000% 23,161.97 1493235 139,775.42 6.795 9.4000000000% 13,138.89 1493248 152,379.17 6.795 9.4000000000% 14,323.64 1493250 113,817.13 6.795 9.4000000000% 10,698.81 1493282 199,679.17 6.795 9.4000000000% 18,769.84 1493285 184,204.04 6.795 9.4000000000% 17,315.18 1493292 101,836.39 6.795 9.4000000000% 9,572.62 1493349 164,735.31 6.795 9.4000000000% 15,485.12 1493351 169,727.31 6.795 9.4000000000% 15,954.37 1493358 202,674.36 6.795 9.4000000000% 19,051.39 1493386 148,261.79 6.795 9.4000000000% 13,936.61 1493407 95,923.23 6.795 9.4000000000% 9,016.78 1493425 473,620.95 6.795 9.4000000000% 44,520.37 1493466 239,808.08 6.795 9.4000000000% 22,541.96 1493507 114,908.03 6.795 9.4000000000% 10,801.35 1493532 155,875.25 6.795 9.4000000000% 14,652.27 1491996 2,907.58 6.920 7.7333333333% 224.85 1492093 53,944.67 6.920 7.7333333333% 4,171.72 1492163 208,010.03 6.920 7.7333333333% 16,086.11 1492166 214,983.22 6.920 7.7333333333% 16,625.37 1492170 299,352.97 6.920 7.7333333333% 23,149.96 1492178 219,869.17 6.920 7.7333333333% 17,003.22 1492187 250,884.75 6.920 7.7333333333% 19,401.75 1492192 244,979.12 6.920 7.7333333333% 18,945.05 1492194 48,767.71 6.920 7.7333333333% 3,771.37 1492211 229,055.35 6.920 7.7333333333% 17,713.61 1492228 229,744.51 6.920 7.7333333333% 17,766.91 1492230 233,637.83 6.920 7.7333333333% 18,067.99 1492316 319,681.69 6.920 7.7333333333% 24,722.05 1492345 23,210.62 6.920 7.7333333333% 1,794.95 1492374 129,798.59 6.920 7.7333333333% 10,037.76 1492399 114,709.59 6.920 7.7333333333% 8,870.87 1492456 287,804.44 6.920 7.7333333333% 22,256.88 1492476 198,396.71 6.920 7.7333333333% 15,342.68 1492510 563,914.42 6.920 7.7333333333% 43,609.38 1492585 295,889.19 6.920 7.7333333333% 22,882.10 1492590 397,122.78 6.920 7.7333333333% 30,710.83 1492614 250,187.43 6.920 7.7333333333% 19,347.83 1492629 337,554.39 6.920 7.7333333333% 26,104.21 1492685 469,378.42 6.920 7.7333333333% 36,298.60 1492688 238,470.19 6.920 7.7333333333% 18,441.69 1492734 407,386.53 6.920 7.7333333333% 31,504.56 1492740 220,982.35 6.920 7.7333333333% 17,089.30 1492760 397,450.23 6.920 7.7333333333% 30,736.15 1492764 238,817.92 6.920 7.7333333333% 18,468.59 1492796 312,992.04 6.920 7.7333333333% 24,204.72 1492797 228,533.87 6.920 7.7333333333% 17,673.29 1492820 137,736.64 6.920 7.7333333333% 10,651.63 1492962 306,536.44 6.920 7.7333333333% 23,705.48 1492968 334,673.52 6.920 7.7333333333% 25,881.42 1493019 249,013.03 6.920 7.7333333333% 19,257.01 1493032 548,079.44 6.920 7.7333333333% 42,384.81 1493100 260,178.18 6.920 7.7333333333% 20,120.45 1493102 257,479.34 6.920 7.7333333333% 19,911.74 1493130 81,806.95 6.920 7.7333333333% 6,326.40 1493132 278,343.12 6.920 7.7333333333% 21,525.20 1493140 151,741.89 6.920 7.7333333333% 11,734.71 1493164 373,410.73 6.920 7.7333333333% 28,877.10 1493174 298,495.56 6.920 7.7333333333% 23,083.66 1493180 148,649.20 6.920 7.7333333333% 11,495.54 1493188 300,091.77 6.920 7.7333333333% 23,207.10 1493197 149,156.99 6.920 7.7333333333% 11,534.81 1493205 561,019.92 6.920 7.7333333333% 43,385.54 1493251 308,516.46 6.920 7.7333333333% 23,858.61 1493253 181,515.50 6.920 7.7333333333% 14,037.20 1493265 306,690.54 6.920 7.7333333333% 23,717.40 1493277 79,874.81 6.920 7.7333333333% 6,176.99 1493323 429,327.09 6.920 7.7333333333% 33,201.29 1493336 449,295.80 6.920 7.7333333333% 34,745.54 1493339 149,765.27 6.920 7.7333333333% 11,581.85 1493353 138,582.79 6.920 7.7333333333% 10,717.07 1493359 454,487.65 6.920 7.7333333333% 35,147.04 1493363 239,624.43 6.920 7.7333333333% 18,530.96 1493366 79,874.81 6.920 7.7333333333% 6,176.99 1493387 299,693.97 6.920 7.7333333333% 23,176.33 1493392 278,563.40 6.920 7.7333333333% 21,542.24 1493446 122,770.97 6.920 7.7333333333% 9,494.29 1493468 74,941.50 6.920 7.7333333333% 5,795.48 1493490 349,726.96 6.920 7.7333333333% 27,045.55 1493537 287,775.33 6.920 7.7333333333% 22,254.63 1497481 128,924.04 6.920 7.7333333333% 9,970.13 1492049 206,557.82 7.045 6.0666666667% 12,531.17 1492089 215,653.23 7.045 6.0666666667% 13,082.96 1492092 84,879.37 7.045 6.0666666667% 5,149.35 1492320 230,449.43 7.045 6.0666666667% 13,980.60 1492326 225,174.80 7.045 6.0666666667% 13,660.60 1492377 187,713.02 7.045 6.0666666667% 11,387.92 1492465 225,774.40 7.045 6.0666666667% 13,696.98 1492504 254,791.06 7.045 6.0666666667% 15,457.32 1492506 212,077.78 7.045 6.0666666667% 12,866.05 1492521 892,959.19 7.045 6.0666666667% 54,172.86 1492524 492,119.71 7.045 6.0666666667% 29,855.26 1492525 218,278.86 7.045 6.0666666667% 13,242.25 1492526 112,802.61 7.045 6.0666666667% 6,843.36 1492578 260,160.99 7.045 6.0666666667% 15,783.10 1492623 297,894.26 7.045 6.0666666667% 18,072.25 1492642 246,602.06 7.045 6.0666666667% 14,960.52 1492674 123,228.70 7.045 6.0666666667% 7,475.87 1492680 135,154.08 7.045 6.0666666667% 8,199.35 1492699 387,574.25 7.045 6.0666666667% 23,512.84 1492731 375,908.44 7.045 6.0666666667% 22,805.11 1492755 645,957.04 7.045 6.0666666667% 39,188.06 1492761 268,320.63 7.045 6.0666666667% 16,278.12 1492765 227,575.60 7.045 6.0666666667% 13,806.25 1492766 273,507.91 7.045 6.0666666667% 16,592.81 1492770 283,227.36 7.045 6.0666666667% 17,182.46 1492805 255,093.69 7.045 6.0666666667% 15,475.68 1492808 377,636.40 7.045 6.0666666667% 22,909.94 1492809 369,686.21 7.045 6.0666666667% 22,427.63 1492810 337,885.18 7.045 6.0666666667% 20,498.37 1492829 218,806.32 7.045 6.0666666667% 13,274.25 1492899 226,762.94 7.045 6.0666666667% 13,756.95 1492906 233,910.46 7.045 6.0666666667% 14,190.57 1492932 346,540.11 7.045 6.0666666667% 21,023.43 1492941 248,840.93 7.045 6.0666666667% 15,096.35 1492949 334,442.23 7.045 6.0666666667% 20,289.50 1492951 453,885.87 7.045 6.0666666667% 27,535.74 1492952 275,516.68 7.045 6.0666666667% 16,714.68 1492959 277,308.36 7.045 6.0666666667% 16,823.37 1492965 283,902.30 7.045 6.0666666667% 17,223.41 1492987 348,651.93 7.045 6.0666666667% 21,151.55 1493010 352,636.51 7.045 6.0666666667% 21,393.28 1493028 298,844.50 7.045 6.0666666667% 18,129.90 1493033 448,617.65 7.045 6.0666666667% 27,216.14 1493036 385,811.21 7.045 6.0666666667% 23,405.88 1493045 498,464.07 7.045 6.0666666667% 30,240.15 1493079 271,662.92 7.045 6.0666666667% 16,480.88 1493088 251,225.90 7.045 6.0666666667% 15,241.04 1493104 259,201.31 7.045 6.0666666667% 15,724.88 1493126 169,059.00 7.045 6.0666666667% 10,256.25 1493158 132,694.52 7.045 6.0666666667% 8,050.13 1493161 128,404.40 7.045 6.0666666667% 7,789.87 1493176 193,155.33 7.045 6.0666666667% 11,718.09 1493177 133,692.23 7.045 6.0666666667% 8,110.66 1493183 94,781.80 7.045 6.0666666667% 5,750.10 1493186 202,533.74 7.045 6.0666666667% 12,287.05 1493195 89,793.27 7.045 6.0666666667% 5,447.46 1493203 235,457.96 7.045 6.0666666667% 14,284.45 1493233 251,421.21 7.045 6.0666666667% 15,252.89 1493246 47,669.45 7.045 6.0666666667% 2,891.95 1493258 179,725.22 7.045 6.0666666667% 10,903.33 1493295 274,398.18 7.045 6.0666666667% 16,646.82 1493327 159,755.76 7.045 6.0666666667% 9,691.85 1493328 141,783.23 7.045 6.0666666667% 8,601.52 1493330 112,295.36 7.045 6.0666666667% 6,812.59 1493344 239,633.64 7.045 6.0666666667% 14,537.77 1493361 244,626.01 7.045 6.0666666667% 14,840.64 1493389 401,386.35 7.045 6.0666666667% 24,350.77 1493390 331,747.38 7.045 6.0666666667% 20,126.01 1493396 137,389.95 7.045 6.0666666667% 8,334.99 1493401 315,259.93 7.045 6.0666666667% 19,125.77 1493403 159,878.25 7.045 6.0666666667% 9,699.28 1493410 524,600.52 7.045 6.0666666667% 31,825.76 1493411 194,851.62 7.045 6.0666666667% 11,821.00 1493417 79,386.59 7.045 6.0666666667% 4,816.12 1493421 214,836.40 7.045 6.0666666667% 13,033.41 1493434 127,902.61 7.045 6.0666666667% 7,759.43 1493440 74,942.93 7.045 6.0666666667% 4,546.54 1493450 91,930.00 7.045 6.0666666667% 5,577.09 1493454 249,809.77 7.045 6.0666666667% 15,155.13 1493461 135,746.63 7.045 6.0666666667% 8,235.30 1493469 391,701.72 7.045 6.0666666667% 23,763.24 1493485 94,927.71 7.045 6.0666666667% 5,758.95 1493493 191,853.90 7.045 6.0666666667% 11,639.14 1493501 411,686.50 7.045 6.0666666667% 24,975.65 1493502 599,543.45 7.045 6.0666666667% 36,372.30 1493504 364,722.27 7.045 6.0666666667% 22,126.48 1493505 199,847.82 7.045 6.0666666667% 12,124.10 1493517 234,821.18 7.045 6.0666666667% 14,245.82 1493518 244,813.58 7.045 6.0666666667% 14,852.02 1493522 114,912.49 7.045 6.0666666667% 6,971.36 1493527 141,292.25 7.045 6.0666666667% 8,571.73 1493535 424,676.61 7.045 6.0666666667% 25,763.71 1492006 117,896.49 7.170 4.4000000000% 5,187.45 1492035 254,015.88 7.170 4.4000000000% 11,176.70 1492077 541,948.79 7.170 4.4000000000% 23,845.75 1492080 67,438.31 7.170 4.4000000000% 2,967.29 1492107 215,839.70 7.170 4.4000000000% 9,496.95 1492125 304,592.26 7.170 4.4000000000% 13,402.06 1492145 287,479.89 7.170 4.4000000000% 12,649.12 1492174 351,329.58 7.170 4.4000000000% 15,458.50 1492181 213,634.06 7.170 4.4000000000% 9,399.90 1492189 340,829.73 7.170 4.4000000000% 14,996.51 1492195 219,104.80 7.170 4.4000000000% 9,640.61 1492210 254,235.55 7.170 4.4000000000% 11,186.36 1492214 223,637.23 7.170 4.4000000000% 9,840.04 1492215 294,254.15 7.170 4.4000000000% 12,947.18 1492218 219,104.80 7.170 4.4000000000% 9,640.61 1492223 233,275.69 7.170 4.4000000000% 10,264.13 1492234 437,392.02 7.170 4.4000000000% 19,245.25 1492236 253,654.66 7.170 4.4000000000% 11,160.81 1492241 279,785.50 7.170 4.4000000000% 12,310.56 1492243 231,579.14 7.170 4.4000000000% 10,189.48 1492244 273,663.01 7.170 4.4000000000% 12,041.17 1492247 403,396.93 7.170 4.4000000000% 17,749.46 1492248 437,392.02 7.170 4.4000000000% 19,245.25 1492263 269,262.90 7.170 4.4000000000% 11,847.57 1492297 22,343.88 7.170 4.4000000000% 983.13 1492298 221,831.08 7.170 4.4000000000% 9,760.57 1492311 438,615.02 7.170 4.4000000000% 19,299.06 1492314 238,580.86 7.170 4.4000000000% 10,497.56 1492321 130,357.39 7.170 4.4000000000% 5,735.73 1492335 1,007.16 7.170 4.4000000000% 44.32 1492340 5,287.47 7.170 4.4000000000% 232.65 1492344 71,807.83 7.170 4.4000000000% 3,159.54 1492358 1,613.05 7.170 4.4000000000% 70.97 1492359 3,705.25 7.170 4.4000000000% 163.03 1492375 349,478.88 7.170 4.4000000000% 15,377.07 1492452 246,947.03 7.170 4.4000000000% 10,865.67 1492453 273,116.59 7.170 4.4000000000% 12,017.13 1492460 321,780.95 7.170 4.4000000000% 14,158.36 1492463 297,945.31 7.170 4.4000000000% 13,109.59 1492464 259,808.34 7.170 4.4000000000% 11,431.57 1492469 223,282.47 7.170 4.4000000000% 9,824.43 1492489 153,802.54 7.170 4.4000000000% 6,767.31 1492514 269,923.67 7.170 4.4000000000% 11,876.64 1492515 258,015.21 7.170 4.4000000000% 11,352.67 1492533 217,773.62 7.170 4.4000000000% 9,582.04 1492536 460,822.13 7.170 4.4000000000% 20,276.17 1492577 347,602.95 7.170 4.4000000000% 15,294.53 1492594 283,048.12 7.170 4.4000000000% 12,454.12 1492611 269,640.55 7.170 4.4000000000% 11,864.18 1492635 326,349.50 7.170 4.4000000000% 14,359.38 1492637 645,548.38 7.170 4.4000000000% 28,404.13 1492668 496,965.70 7.170 4.4000000000% 21,866.49 1492675 208,725.59 7.170 4.4000000000% 9,183.93 1492738 235,561.70 7.170 4.4000000000% 10,364.71 1492743 248,482.80 7.170 4.4000000000% 10,933.24 1492759 230,592.03 7.170 4.4000000000% 10,146.05 1492799 270,349.35 7.170 4.4000000000% 11,895.37 1492835 290,454.29 7.170 4.4000000000% 12,779.99 1492840 348,147.31 7.170 4.4000000000% 15,318.48 1492861 193,967.78 7.170 4.4000000000% 8,534.58 1492863 268,620.49 7.170 4.4000000000% 11,819.30 1492874 297,616.20 7.170 4.4000000000% 13,095.11 1492885 231,766.63 7.170 4.4000000000% 10,197.73 1492890 502,078.10 7.170 4.4000000000% 22,091.44 1492898 252,340.64 7.170 4.4000000000% 11,102.99 1492900 310,348.44 7.170 4.4000000000% 13,655.33 1492910 298,643.12 7.170 4.4000000000% 13,140.30 1492942 223,484.56 7.170 4.4000000000% 9,833.32 1492954 273,756.16 7.170 4.4000000000% 12,045.27 1492970 243,780.56 7.170 4.4000000000% 10,726.34 1492992 342,707.44 7.170 4.4000000000% 15,079.13 1493002 263,008.03 7.170 4.4000000000% 11,572.35 1493030 231,128.26 7.170 4.4000000000% 10,169.64 1493038 294,116.03 7.170 4.4000000000% 12,941.11 1493041 224,325.80 7.170 4.4000000000% 9,870.34 1493046 214,102.84 7.170 4.4000000000% 9,420.52 1493050 223,328.78 7.170 4.4000000000% 9,826.47 1493066 314,056.08 7.170 4.4000000000% 13,818.47 1493076 294,116.03 7.170 4.4000000000% 12,941.11 1493078 290,128.03 7.170 4.4000000000% 12,765.63 1493082 279,160.97 7.170 4.4000000000% 12,283.08 1493092 375,157.61 7.170 4.4000000000% 16,506.93 1493098 235,768.91 7.170 4.4000000000% 10,373.83 1493107 124,719.95 7.170 4.4000000000% 5,487.68 1493113 104,764.74 7.170 4.4000000000% 4,609.65 1493114 124,500.20 7.170 4.4000000000% 5,478.01 1493122 230,981.36 7.170 4.4000000000% 10,163.18 1493134 259,417.49 7.170 4.4000000000% 11,414.37 1493147 136,693.08 7.170 4.4000000000% 6,014.50 1493149 339,238.27 7.170 4.4000000000% 14,926.48 1493153 119,731.14 7.170 4.4000000000% 5,268.17 1493157 211,525.06 7.170 4.4000000000% 9,307.10 1493167 39,561.33 7.170 4.4000000000% 1,740.70 1493169 279,372.69 7.170 4.4000000000% 12,292.40 1493173 540,785.73 7.170 4.4000000000% 23,794.57 1493184 326,017.97 7.170 4.4000000000% 14,344.79 1493187 202,141.43 7.170 4.4000000000% 8,894.22 1493192 109,953.12 7.170 4.4000000000% 4,837.94 1493200 88,109.73 7.170 4.4000000000% 3,876.83 1493201 90,864.50 7.170 4.4000000000% 3,998.04 1493221 164,382.05 7.170 4.4000000000% 7,232.81 1493222 256,324.45 7.170 4.4000000000% 11,278.28 1493228 271,390.63 7.170 4.4000000000% 11,941.19 1493229 369,171.07 7.170 4.4000000000% 16,243.53 1493236 74,737.39 7.170 4.4000000000% 3,288.45 1493240 238,786.96 7.170 4.4000000000% 10,506.63 1493244 216,676.89 7.170 4.4000000000% 9,533.78 1493254 483,279.36 7.170 4.4000000000% 21,264.29 1493276 122,217.75 7.170 4.4000000000% 5,377.58 1493283 139,791.55 7.170 4.4000000000% 6,150.83 1493286 252,423.61 7.170 4.4000000000% 11,106.64 1493288 259,612.87 7.170 4.4000000000% 11,422.97 1493289 113,830.27 7.170 4.4000000000% 5,008.53 1493290 249,627.76 7.170 4.4000000000% 10,983.62 1493296 463,958.17 7.170 4.4000000000% 20,414.16 1493299 99,851.12 7.170 4.4000000000% 4,393.45 1493301 141,538.94 7.170 4.4000000000% 6,227.71 1493309 134,798.99 7.170 4.4000000000% 5,931.16 1493311 134,798.99 7.170 4.4000000000% 5,931.16 1493324 229,657.55 7.170 4.4000000000% 10,104.93 1493333 374,441.66 7.170 4.4000000000% 16,475.43 1493343 151,773.67 7.170 4.4000000000% 6,678.04 1493346 279,583.10 7.170 4.4000000000% 12,301.66 1493370 62,953.24 7.170 4.4000000000% 2,769.94 1493380 64,951.76 7.170 4.4000000000% 2,857.88 1493385 229,158.29 7.170 4.4000000000% 10,082.96 1493415 70,947.31 7.170 4.4000000000% 3,121.68 1493419 275,795.17 7.170 4.4000000000% 12,134.99 1493426 131,902.04 7.170 4.4000000000% 5,803.69 1493432 357,734.31 7.170 4.4000000000% 15,740.31 1493437 292,282.93 7.170 4.4000000000% 12,860.45 1493444 287,786.26 7.170 4.4000000000% 12,662.60 1493449 646,519.83 7.170 4.4000000000% 28,446.87 1493451 171,872.35 7.170 4.4000000000% 7,562.38 1493474 347,741.73 7.170 4.4000000000% 15,300.64 1493477 121,459.79 7.170 4.4000000000% 5,344.23 1493478 251,812.98 7.170 4.4000000000% 11,079.77 1493480 261,805.56 7.170 4.4000000000% 11,519.44 1493486 109,742.17 7.170 4.4000000000% 4,828.66 1493492 203,049.20 7.170 4.4000000000% 8,934.16 1493500 233,826.34 7.170 4.4000000000% 10,288.36 1493510 86,390.80 7.170 4.4000000000% 3,801.20 1493512 299,777.36 7.170 4.4000000000% 13,190.20 1493521 245,817.43 7.170 4.4000000000% 10,815.97 1493538 35,973.28 7.170 4.4000000000% 1,582.82 1497026 223,866.18 7.220 3.7333333333% 8,357.67 1492036 134,841.57 7.295 2.7333333333% 3,685.67 1492053 349,068.56 7.295 2.7333333333% 9,541.21 1492078 483,630.87 7.295 2.7333333333% 13,219.24 1492090 441,584.63 7.295 2.7333333333% 12,069.98 1492164 389,407.83 7.295 2.7333333333% 10,643.81 1492221 539,250.89 7.295 2.7333333333% 14,739.52 1492226 438,482.60 7.295 2.7333333333% 11,985.19 1492235 238,779.49 7.295 2.7333333333% 6,526.64 1492240 109,133.50 7.295 2.7333333333% 2,982.98 1492300 230,436.48 7.295 2.7333333333% 6,298.60 1492303 313,658.23 7.295 2.7333333333% 8,573.32 1492330 321,311.39 7.295 2.7333333333% 8,782.51 1492332 350,145.89 7.295 2.7333333333% 9,570.65 1492336 412,497.08 7.295 2.7333333333% 11,274.92 1492386 98,115.17 7.295 2.7333333333% 2,681.81 1492404 114,054.82 7.295 2.7333333333% 3,117.50 1492424 306,460.27 7.295 2.7333333333% 8,376.58 1492432 232,382.09 7.295 2.7333333333% 6,351.78 1492457 238,396.28 7.295 2.7333333333% 6,516.16 1492458 263,278.91 7.295 2.7333333333% 7,196.29 1492478 62,729.23 7.295 2.7333333333% 1,714.60 1492494 190,569.99 7.295 2.7333333333% 5,208.91 1492511 645,108.69 7.295 2.7333333333% 17,632.97 1492520 218,361.36 7.295 2.7333333333% 5,968.54 1492530 148,997.71 7.295 2.7333333333% 4,072.60 1492593 456,926.29 7.295 2.7333333333% 12,489.32 1492595 389,480.00 7.295 2.7333333333% 10,645.79 1492598 267,372.68 7.295 2.7333333333% 7,308.19 1492604 223,496.51 7.295 2.7333333333% 6,108.90 1492658 323,075.81 7.295 2.7333333333% 8,830.74 1492671 180,613.76 7.295 2.7333333333% 4,936.78 1492687 233,328.65 7.295 2.7333333333% 6,377.65 1492691 283,312.66 7.295 2.7333333333% 7,743.88 1492694 302,398.95 7.295 2.7333333333% 8,265.57 1492715 248,519.88 7.295 2.7333333333% 6,792.88 1492723 393,655.49 7.295 2.7333333333% 10,759.92 1492727 226,650.11 7.295 2.7333333333% 6,195.10 1492732 347,927.79 7.295 2.7333333333% 9,510.03 1492745 135,085.44 7.295 2.7333333333% 3,692.34 1492781 228,638.23 7.295 2.7333333333% 6,249.44 1492782 274,365.91 7.295 2.7333333333% 7,499.33 1492787 298,223.83 7.295 2.7333333333% 8,151.45 1492793 392,960.19 7.295 2.7333333333% 10,740.91 1492804 227,518.65 7.295 2.7333333333% 6,218.84 1492817 247,482.06 7.295 2.7333333333% 6,764.51 1492819 295,145.83 7.295 2.7333333333% 8,067.32 1492821 223,838.07 7.295 2.7333333333% 6,118.24 1492826 290,989.49 7.295 2.7333333333% 7,953.71 1492847 278,554.11 7.295 2.7333333333% 7,613.81 1492848 220,836.12 7.295 2.7333333333% 6,036.19 1492850 580,984.18 7.295 2.7333333333% 15,880.23 1492859 233,189.55 7.295 2.7333333333% 6,373.85 1492862 253,882.14 7.295 2.7333333333% 6,939.45 1492869 223,838.07 7.295 2.7333333333% 6,118.24 1492875 364,308.95 7.295 2.7333333333% 9,957.78 1492877 358,140.94 7.295 2.7333333333% 9,789.19 1492881 467,572.92 7.295 2.7333333333% 12,780.33 1492891 288,720.46 7.295 2.7333333333% 7,891.69 1492917 450,005.67 7.295 2.7333333333% 12,300.15 1492928 410,182.19 7.295 2.7333333333% 11,211.65 1492938 236,396.30 7.295 2.7333333333% 6,461.50 1492955 226,994.02 7.295 2.7333333333% 6,204.50 1492964 346,464.58 7.295 2.7333333333% 9,470.03 1493001 235,135.05 7.295 2.7333333333% 6,427.02 1493009 244,102.06 7.295 2.7333333333% 6,672.12 1493024 288,937.11 7.295 2.7333333333% 7,897.61 1493074 87,992.06 7.295 2.7333333333% 2,405.12 1493075 282,671.37 7.295 2.7333333333% 7,726.35 1493077 348,977.02 7.295 2.7333333333% 9,538.71 1493087 233,814.59 7.295 2.7333333333% 6,390.93 1493110 319,300.75 7.295 2.7333333333% 8,727.55 1493119 71,842.68 7.295 2.7333333333% 1,963.70 1493120 231,493.06 7.295 2.7333333333% 6,327.48 1493123 96,538.59 7.295 2.7333333333% 2,638.72 1493129 59,868.88 7.295 2.7333333333% 1,636.42 1493145 119,737.79 7.295 2.7333333333% 3,272.83 1493181 153,663.49 7.295 2.7333333333% 4,200.14 1493218 66,163.09 7.295 2.7333333333% 1,808.46 1493220 140,691.90 7.295 2.7333333333% 3,845.58 1493231 174,408.52 7.295 2.7333333333% 4,767.17 1493232 204,359.60 7.295 2.7333333333% 5,585.83 1493242 250,036.37 7.295 2.7333333333% 6,834.33 1493245 329,520.80 7.295 2.7333333333% 9,006.90 1493247 143,790.90 7.295 2.7333333333% 3,930.28 1493281 433,369.78 7.295 2.7333333333% 11,845.44 1493325 105,342.90 7.295 2.7333333333% 2,879.37 1493338 249,636.97 7.295 2.7333333333% 6,823.41 1493345 115,116.62 7.295 2.7333333333% 3,146.52 1493355 259,320.54 7.295 2.7333333333% 7,088.09 1493369 255,628.26 7.295 2.7333333333% 6,987.17 1493378 244,822.68 7.295 2.7333333333% 6,691.82 1493379 131,904.46 7.295 2.7333333333% 3,605.39 1493406 333,758.26 7.295 2.7333333333% 9,122.73 1493438 329,761.16 7.295 2.7333333333% 9,013.47 1493447 799,420.98 7.295 2.7333333333% 21,850.84 1493457 149,092.01 7.295 2.7333333333% 4,075.18 1493467 599,565.74 7.295 2.7333333333% 16,388.13 1493475 99,927.63 7.295 2.7333333333% 2,731.36 1493481 549,601.92 7.295 2.7333333333% 15,022.45 1493484 499,638.11 7.295 2.7333333333% 13,656.78 1493503 271,803.13 7.295 2.7333333333% 7,429.29 1493524 439,681.54 7.295 2.7333333333% 12,017.96 1497484 100,756.48 7.295 2.7333333333% 2,754.01 1497563 249,819.06 7.295 2.7333333333% 6,828.39 1491957 132,790.67 7.420 1.0666666667% 1,416.43 1491967 108,575.69 7.420 1.0666666667% 1,158.14 1492016 53,775.25 7.420 1.0666666667% 573.60 1492019 130,274.02 7.420 1.0666666667% 1,389.59 1492095 393,023.87 7.420 1.0666666667% 4,192.25 1492097 211,250.27 7.420 1.0666666667% 2,253.34 1492105 140,622.31 7.420 1.0666666667% 1,499.97 1492110 216,341.99 7.420 1.0666666667% 2,307.65 1492114 241,516.39 7.420 1.0666666667% 2,576.17 1492121 338,638.14 7.420 1.0666666667% 3,612.14 1492154 292,585.07 7.420 1.0666666667% 3,120.91 1492171 293,661.72 7.420 1.0666666667% 3,132.39 1492179 243,749.83 7.420 1.0666666667% 2,600.00 1492182 316,309.77 7.420 1.0666666667% 3,373.97 1492185 215,619.42 7.420 1.0666666667% 2,299.94 1492186 278,511.40 7.420 1.0666666667% 2,970.79 1492188 339,712.58 7.420 1.0666666667% 3,623.60 1492196 258,765.14 7.420 1.0666666667% 2,760.16 1492199 267,886.50 7.420 1.0666666667% 2,857.46 1492200 415,830.99 7.420 1.0666666667% 4,435.53 1492205 368,550.20 7.420 1.0666666667% 3,931.20 1492207 244,725.01 7.420 1.0666666667% 2,610.40 1492233 272,365.41 7.420 1.0666666667% 2,905.23 1492242 278,580.37 7.420 1.0666666667% 2,971.52 1492250 168,639.63 7.420 1.0666666667% 1,798.82 1492418 264,629.41 7.420 1.0666666667% 2,822.71 1492428 239,248.78 7.420 1.0666666667% 2,551.99 1492437 595,640.07 7.420 1.0666666667% 6,353.49 1492471 255,728.11 7.420 1.0666666667% 2,727.77 1492477 323,839.30 7.420 1.0666666667% 3,454.29 1492485 268,038.06 7.420 1.0666666667% 2,859.07 1492487 218,488.59 7.420 1.0666666667% 2,330.54 1492498 217,051.32 7.420 1.0666666667% 2,315.21 1492507 273,001.73 7.420 1.0666666667% 2,912.02 1492508 263,074.37 7.420 1.0666666667% 2,806.13 1492512 232,299.67 7.420 1.0666666667% 2,477.86 1492516 252,094.25 7.420 1.0666666667% 2,689.01 1492517 232,299.67 7.420 1.0666666667% 2,477.86 1492534 219,360.64 7.420 1.0666666667% 2,339.85 1492587 407,327.34 7.420 1.0666666667% 4,344.82 1492600 248,124.73 7.420 1.0666666667% 2,646.66 1492601 233,468.09 7.420 1.0666666667% 2,490.33 1492612 230,487.63 7.420 1.0666666667% 2,458.53 1492620 278,174.80 7.420 1.0666666667% 2,967.20 1492638 218,132.82 7.420 1.0666666667% 2,326.75 1492641 217,373.71 7.420 1.0666666667% 2,318.65 1492657 222,706.30 7.420 1.0666666667% 2,375.53 1492661 59,653.33 7.420 1.0666666667% 636.30 1492695 318,151.81 7.420 1.0666666667% 3,393.62 1492696 264,463.66 7.420 1.0666666667% 2,820.95 1492700 322,128.66 7.420 1.0666666667% 3,436.04 1492701 221,115.51 7.420 1.0666666667% 2,358.57 1492707 233,642.72 7.420 1.0666666667% 2,492.19 1492709 248,556.09 7.420 1.0666666667% 2,651.26 1492718 49,711.20 7.420 1.0666666667% 530.25 1492719 84,509.08 7.420 1.0666666667% 901.43 1492725 210,278.47 7.420 1.0666666667% 2,242.97 1492735 338,036.28 7.420 1.0666666667% 3,605.72 1492748 265,407.26 7.420 1.0666666667% 2,831.01 1492756 213,012.60 7.420 1.0666666667% 2,272.13 1492771 277,336.30 7.420 1.0666666667% 2,958.25 1492773 214,752.47 7.420 1.0666666667% 2,290.69 1492778 233,344.46 7.420 1.0666666667% 2,489.01 1492784 472,607.27 7.420 1.0666666667% 5,041.14 1492795 238,613.85 7.420 1.0666666667% 2,545.21 1492811 39,342.17 7.420 1.0666666667% 419.65 1492832 317,890.58 7.420 1.0666666667% 3,390.83 1492853 447,733.19 7.420 1.0666666667% 4,775.82 1492858 422,809.44 7.420 1.0666666667% 4,509.97 1492866 415,894.44 7.420 1.0666666667% 4,436.21 1492876 228,841.41 7.420 1.0666666667% 2,440.98 1492886 262,670.15 7.420 1.0666666667% 2,801.81 1492889 264,660.06 7.420 1.0666666667% 2,823.04 1492905 318,622.82 7.420 1.0666666667% 3,398.64 1492925 577,503.86 7.420 1.0666666667% 6,160.04 1492926 308,665.85 7.420 1.0666666667% 3,292.44 1492944 380,853.81 7.420 1.0666666667% 4,062.44 1492948 371,992.12 7.420 1.0666666667% 3,967.92 1492996 149,463.78 7.420 1.0666666667% 1,594.28 1492997 247,113.46 7.420 1.0666666667% 2,635.88 1493016 128,538.86 7.420 1.0666666667% 1,371.08 1493021 219,014.28 7.420 1.0666666667% 2,336.15 1493027 251,099.14 7.420 1.0666666667% 2,678.39 1493039 206,609.33 7.420 1.0666666667% 2,203.83 1493043 171,509.69 7.420 1.0666666667% 1,829.44 1493047 209,401.35 7.420 1.0666666667% 2,233.61 1493053 366,950.96 7.420 1.0666666667% 3,914.14 1493058 224,156.65 7.420 1.0666666667% 2,391.00 1493064 292,414.05 7.420 1.0666666667% 3,119.08 1493071 295,156.22 7.420 1.0666666667% 3,148.33 1493096 399,147.56 7.420 1.0666666667% 4,257.57 1493103 387,170.78 7.420 1.0666666667% 4,129.82 1493117 69,850.81 7.420 1.0666666667% 745.08 1493121 108,967.29 7.420 1.0666666667% 1,162.32 1493124 122,037.86 7.420 1.0666666667% 1,301.74 1493131 155,566.92 7.420 1.0666666667% 1,659.38 1493143 256,452.31 7.420 1.0666666667% 2,735.49 1493190 138,404.43 7.420 1.0666666667% 1,476.31 1493204 172,317.17 7.420 1.0666666667% 1,838.05 1493207 124,733.60 7.420 1.0666666667% 1,330.49 1493208 84,879.63 7.420 1.0666666667% 905.38 1493209 341,271.17 7.420 1.0666666667% 3,640.23 1493230 185,666.74 7.420 1.0666666667% 1,980.45 1493238 199,716.79 7.420 1.0666666667% 2,130.31 1493249 185,736.59 7.420 1.0666666667% 1,981.19 1493269 79,875.18 7.420 1.0666666667% 852.00 1493271 201,464.30 7.420 1.0666666667% 2,148.95 1493274 357,493.01 7.420 1.0666666667% 3,813.26 1493293 134,808.81 7.420 1.0666666667% 1,437.96 1493297 266,621.89 7.420 1.0666666667% 2,843.97 1493298 254,638.88 7.420 1.0666666667% 2,716.15 1493303 159,773.41 7.420 1.0666666667% 1,704.25 1493305 99,858.39 7.420 1.0666666667% 1,065.16 1493312 97,178.83 7.420 1.0666666667% 1,036.57 1493315 250,844.26 7.420 1.0666666667% 2,675.67 1493318 476,124.79 7.420 1.0666666667% 5,078.66 1493321 486,809.64 7.420 1.0666666667% 5,192.64 1493322 114,837.15 7.420 1.0666666667% 1,224.93 1493329 335,524.17 7.420 1.0666666667% 3,578.92 1493332 234,667.21 7.420 1.0666666667% 2,503.12 1493334 399,433.54 7.420 1.0666666667% 4,260.62 1493340 124,822.97 7.420 1.0666666667% 1,331.45 1493342 311,558.16 7.420 1.0666666667% 3,323.29 1493374 103,926.60 7.420 1.0666666667% 1,108.55 1493377 49,929.19 7.420 1.0666666667% 532.58 1493398 261,541.19 7.420 1.0666666667% 2,789.77 1493408 122,263.65 7.420 1.0666666667% 1,304.15 1493508 287,796.73 7.420 1.0666666667% 3,069.83 1493513 985,304.10 7.420 1.0666666667% 10,509.91 1493519 334,763.56 7.420 1.0666666667% 3,570.81 1493529 59,857.65 7.420 1.0666666667% 638.48 1488806 272,000.00 7.470 0.4000000000% 1,088.00 1494225 366,940.83 7.470 0.4000000000% 1,467.76 1497103 211,200.49 7.470 0.4000000000% 844.80 1497105 237,243.33 7.470 0.4000000000% 948.97 1497108 489,305.89 7.470 0.4000000000% 1,957.22 1497301 380,800.00 7.470 0.4000000000% 1,523.20 $177,356,112.47 5.4409446991% $9,649,848.00 P-1 EXHIBIT Q COPY OF FSA POLICY Q-1 ENDORSEMENT NO. 1 TO FINANCIAL GUARANTY INSURANCE POLICY FINANCIAL SECURITY 350 Park Avenue ASSURANCE INC. New York, New York 10022 TRUST: The Trust Fund held by the Trustee under the Pooling and Servicing Agreement, dated as of May 1, 1996, between The FirstNational Bank of Chicago, as Trustee, Residential Funding Mortgage Securities I, Inc., and Residential Funding Corporation, as Master Servicer. CERTIFICATES: $36,750,000 Original Principal Amount Residential Funding Mortgage Securities I, Inc.Mortgage Pass-Through Certificates, Series 1996-S-14, Class A-3, Class A-5, Class A-6, Class A-9, Class A-10, Class A-15 and Class A-16. Policy No.: 50466-N Date of Issuance: May 30, 1996 1. Definitions. For all purposes of this Policy, the terms specified below shall have the meanings or constructions provided below. Capitalized terms used herein and not otherwise defined herein shall have the meanings provided in the Pooling and Servicing Agreement unless the context shall otherwise require. "Accrued Certificate Interest" has the meaning set forth in the Pooling and Servicing Agreement, provided, however, that, for all purposes of this Policy, Accrued Certificate Interest on the Certificates will be deemed to include any portion of the amounts allocated to the Certificates described in clause (i) of the definition thereof (to the extent such amounts are not offset by payments made by the Master Servicer or from the Insured Reserve Withdrawal); clauses (ii) and (iii) of the definition thereof; and clause (iv) of the definition thereof (in each case, to the extent such shortfalls are not covered by the subordination provided by the Class M and Class B Certificates and provided that such shortfalls shall not include interest not collectible pursuant to the Soldiers' and Sailors' Relief Act of 1940). "Business Day" means any day other than (i) a Saturday or Sunday, or (ii) a day on which banking institutions in the City of New York, the State of Michigan, the State of California or the State of Illinois (and such other state or states in which the Custodial Account or the Certificate Account are at the time located) are authorized or obligated by law or executive order to be closed. "Guaranteed Distributions" means, with respect to each Distribution Date, the distribution to be made to Holders of the Certificates in an aggregate amount equal to the sum of (1) the Accrued Certificate Interest thereon and (2) the principal portion of any Realized Losses allocable to the Certificates on such Distribution Date, and (3) the Certificate Principal Balances of the Certificates to the extent unpaid on the final Distribution Date or earlier termination of the Trust Fund pursuant to the terms of the Pooling and Servicing Agreement, in accordance with the original terms of the Certificates when issued and without regard to any amendment or modification of the Certificates or the Pooling and Servicing Agreement except amendments or modifications to which Financial Security has given its prior written consent. Guaranteed Distributions shall not include, nor shall coverage be provided under this Policy in respect of, any taxes, withholding or other charge imposed by any governmental authority. "Policy" means this Financial Guaranty Insurance Policy and includes each endorsement thereto. "Pooling and Servicing Agreement" means the Pooling and Servicing Agreement, dated as of May 1, 1996 between The First National Bank of Chicago, as Trustee, Residential Funding Mortgage Securities I, Inc., and Residential Funding Corporation, as Master Servicer relating to the Certificates. "Receipt" and "Received" mean actual delivery to Financial Security and to the Fiscal Agent (as defined below), if any, prior to 12:00 noon, New York City time, on a Business Day; delivery either on a day that is not a Business Day, or after 12:00 noon, New York City time, shall be deemed to be receipt on the next succeeding Business Day. If any notice or certificate given hereunder by the Trustee is not in proper form or is not properly completed, executed or delivered, it shall be deemed not to have been Received, and Financial Security or its Fiscal Agent shall promptly so advise the Trustee and the Trustee may submit an amended notice. "Term of This Policy" means the period from and including the Date of Issuance to and including the day five days after the date on which the Certificate Principal Balance on the Certificates is zero. "Trustee" means The First National Bank of Chicago in its capacity as Trustee under the Pooling and Servicing Agreement and any successor in such capacity. 2. Deletions from Policy. The second paragraph of the Financial Guaranty Insurance Policy to which this Endorsement relates (regarding Policy payments subsequently avoided in whole or in part as a preference payment under applicable law) is hereby deleted. 3. Notices and Conditions to Payment in Respect of Guaranteed Distributions. Following Receipt by Financial Security of a notice and certificate from the Trustee in the form attached as Exhibit A to this Endorsement, Financial Security will pay any amount payable hereunder in respect of Guaranteed Distributions out of the funds of Financial Security on the later to occur of (a) 12:00 noon, New York City time, on the Business Day following such Receipt; and (b) 12:00 noon, New York City time, on the Distribution Date to which such claim relates. Payments due hereunder in respect of Guaranteed Distributions will be disbursed by wire transfer of immediately available funds to the FSA Policy Payments Account established pursuant to the Pooling and Servicing Agreement or, if no such FSA Policy Payments Account has been established, to the Trustee for deposit to the Certificate Account. Financial Security shall be entitled to pay, at any time after a claim is made under the Policy, any amount hereunder in respect of Guaranteed Distributions, including any acceleration payment, whether or not any notice and certificate shall have been Received by Financial Security as provided above. Financial Security shall be entitled to pay hereunder any amount in respect of Guaranteed Distributions on an accelerated basis, at any time after a claim is made under the Policy, or from time to time, in whole or in part, prior to the scheduled date of payment thereof; Guaranteed Distributions insured hereunder shall not include interest, in respect of principal paid hereunder on an accelerated basis, accruing from after the date of such payment of principal. Financial Security's obligations hereunder in respect of Guaranteed Distributions shall be discharged to the extent funds are disbursed by Financial Security as provided herein whether or not such funds are properly applied by the Trustee. 4. Governing Law. This Policy shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to the conflict of laws principles thereof. 5. Fiscal Agent. At any time during the Term of this Policy, Financial Security may appoint a fiscal agent (the "Fiscal Agent") for purposes of this Policy by written notice to the Trustee at the notice address specified in the Pooling and Servicing Agreement specifying the name and notice address of the Fiscal Agent. From and after the date of receipt of such notice by the Trustee, (i) copies of all notices and documents required to be delivered to Financial Security pursuant to this Policy shall be simultaneously delivered to the Fiscal Agent and to Financial Security and shall not be deemed Received until Received by both and (ii) all payments required to be made by Financial Security under this Policy may be made directly by Financial Security or by the Fiscal Agent on behalf of Financial Security. The Fiscal Agent is the agent of Financial Security only and the Fiscal Agent shall in no event be liable to any Holder for any acts of the Fiscal Agent or any failure of Financial Security to deposit, or cause to be deposited, sufficient funds to make payments due under this Policy. 6. Waiver of Defenses. To the fullest extent permitted by applicable law, Financial Security agrees not to assert, and hereby waives, for the benefit of each Holder of any Certificates, all rights (whether by counterclaim, set off or otherwise) and defenses (including, without limitation, the defense of fraud), whether acquired by subrogation, assignment or otherwise, to the extent that such rights and defenses may be available to Financial Security to avoid payment of its obligations under this Policy in accordance with the express provisions of this Policy. 7. Notices. All notices to be given hereunder shall be in writing (except as otherwise specifically provided herein) and shall be mailed by registered mail or personally delivered or telecopied to Financial Security as follows: Financial Security Assurance Inc. 350 Park Avenue New York, New York 10022 Attention: Senior Vice President - Surveillance Telecopy No.: (212) 339-3518 (212) 826-0100 Financial Security may specify a different address or addresses by writing mailed or delivered to the Trustee. 8. Priorities. In the event any term or provision of the face of this Policy is inconsistent with the provisions of this Endorsement, the provisions of this Endorsement shall take precedence and shall be binding. 9. Exclusions From Insurance Guaranty Funds. This Policy is not covered by the Property/Casualty Insurance Security Fund specified in Article 76 of the New York Insurance Law. This Policy is not covered by the Florida Insurance Guaranty Association created under Part II of Chapter 631 of the Florida Insurance Code. In the event Financial Security were to become insolvent, any claims arising under this Policy are excluded from coverage by the California Insurance Guaranty Association, established pursuant to Article 14.2 of Chapter 1 of Part 2 of Division 1 of the California Insurance Code. 10. Surrender of Policy. The Holder shall surrender this Policy to Financial Security for cancellation upon expiration of the Term of this Policy. IN WITNESS WHEREOF, FINANCIAL SECURITY ASSURANCE INC. has caused this Endorsement No. 1 to be executed by its Authorized Officer. FINANCIAL SECURITY ASSURANCE INC. By Authorized Officer Exhibit A To Endorsement 1 NOTICE OF CLAIM AND CERTIFICATE Financial Security Assurance Inc. 350 Park Avenue New York, NY 10022 The undersigned, a duly authorized officer of The First National Bank of Chicago (the "Trustee"), hereby certifies to Financial Security Assurance Inc. ("Financial Security"), with reference to Financial Guaranty Insurance Policy No. 50466-N dated May 30, 1996 (the "Policy") issued by Financial Security in respect of the Residential Funding Mortgage Securities I, Inc. Mortgage Pass-Through Certificates, Series 1996-S-14, Class A-3, Class A-5, Class A-6, Class A-9, Class A-10, Class A-15 and Class A-16 (the " Certificates"), that: (i) The Trustee is the Trustee under the Pooling and Servicing Agreement for the Holders of the Certificates. (ii) The sum of all amounts on deposit (or scheduled to be on deposit) in the Certificate Account (after giving effect to any applications of funds from the Insured Reserve Fund) and available for distribution to the Holders pursuant to the Pooling and Servicing Agreement will be $___________ (the "Shortfall") less than the sum of (a) the Guaranteed Distributions with respect to the Distribution Date ($____________) and (b) the aggregate amount on deposit (or scheduled to be on deposit) in the Certificate Account (after giving effect to any applications of funds from the Certificate Reserve Fund) that will be applied to make payments of principal on the Certificates on such Distribution Date pursuant to the Pooling and Servicing Agreement, but without giving effect to any payments to be made under the Policy. (iii) The Trustee is making a claim under the Policy for the lesser of (a) the Shortfall and (b) the Guaranteed Distributions with respect to the Distribution Date, to be applied to distributions of principal or interest or both with respect to the Certificates. (iv) The Trustee agrees that, following receipt of funds from Financial Security, it shall (a) hold such amounts in trust and apply the same directly to the payment of Guaranteed Distributions on the Certificates when due; (b) not apply such funds for any other purpose; (c) not commingle such funds with other funds held by the Trustee and (d) maintain an accurate record of such payments with respect to each Certificate and the corresponding claim on the Policy and proceeds thereof and, if the Certificate is required to be presented for such payment, shall stamp on each such Certificate the legend "$[insert applicable amount] paid by Financial Security and the balance hereof has been canceled and reissued" and then shall deliver such Certificate to Financial Security. (v) The Trustee, on behalf of the Holders, hereby assigns to Financial Security the rights of the Holders with respect to the Certificates to the extent of any payments under the Policy, including, without limitation, any amounts due to the Holders in respect of securities law violations arising from the offer and sale of the Certificates. The foregoing assignment is in addition to, and not in limitation of, rights of subrogation otherwise available to Financial Security in respect of such payments. The Trustee shall take such action and deliver such instruments as may be reasonably requested or required by Financial Security to effectuate the purpose or provisions of this clause (v). (vi) The Trustee, on its behalf and on behalf of the Holders, hereby appoints Financial Security as agent and attorney-in-fact for the Trustee and each such Holder in any legal proceeding with respect to the Certificates. The Trustee hereby agrees that, so long as a Financial Security Default (as defined in the Pooling and Servicing Agreement) shall not exist, Financial Security may at any time during the continuation of any proceeding by or against the Depositor under the United States Bankruptcy Code or any other applicable bankruptcy, insolvency, receivership, rehabilitation or similar law (an "Insolvency Proceeding") direct all matters relating to such Insolvency Proceeding with respect to the Certificates. In addition, the Trustee hereby agrees that Financial Security shall be subrogated to, and the Trustee on its behalf and on behalf of each Holder, hereby delegates and assigns, to the fullest extent permitted by law, the rights of the Trustee and each Holder in the conduct of any Insolvency Proceeding with respect to the Certificates, including, without limitation, all rights of any party to an adversary proceeding or action with respect to any court order issued in connection with any such Insolvency Proceeding. (vii) Payments should be made by wire transfer directed to [SPECIFY FSA POLICY PAYMENTS ACCOUNT OR CERTIFICATE ACCOUNT]. Unless the context otherwise requires, capitalized terms used in this Notice of Claim and Certificate and not defined herein shall have the meanings provided in the Policy. IN WITNESS WHEREOF, the Trustee has executed and delivered this Notice of Claim and Certificate as of the day of , . By: Title: For Financial Security or Fiscal Agent Use Only Wire transfer sent on by Confirmation Number -----END PRIVACY-ENHANCED MESSAGE-----