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: November 14, 1996
(Date of earliest event reported)
Asset Securitization Corporation
- ------------------------------------------------------
(Exact Name of registrant as specified in its charter)
Delaware 33-49370-01 13-3672337
- ----------------------- ---------------- ---------------------
(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) Number) Identification Number)
Two World Financial Center, Building B, New York, New York 10281
- ----------------------------------------------------------------------------
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code: 212-667-9300
---------------------
- -----------------------------------------------------------------------------
This Document contains exactly 05 Pages.
The Exhibit Index is on Page 05 .
<PAGE>
ITEM 5. OTHER EVENTS
This Current Report on Form 8-K relates to the Trust Fund
formed, and the Commercial Mortgage Pass-Through Certificates Series 1996-D3
issued pursuant to a Pooling and Servicing Agreement, dated as of October 1,
1996 (the "Pooling and Servicing Agreement"), by and among Asset Securitization
Corporation (the "Company"), as depositor, AMRESCO Management, Inc., as
servicer, LaSalle National Bank, as trustee, and ABN AMRO Bank, N.V., as fiscal
agent. The Certificates have been registered pursuant to the Act under a
Registration Statement on Form S-3 (No.33-49370-01) (the "Registration
Statement").
Capitalized terms used herein and not defined herein have the
same meanings ascribed to such terms in the Pooling and Servicing Agreement.
Pursuant to Section 3.22 of the Pooling and Servicing Agreement,
Servicer is filing this Current Report containing the November 14, 1996 monthly
distribution report prepared by the Trustee pursuant to Section 4.02(a) thereof.
This Current Report is being filed by the Servicer, in its
capacity as such under the Pooling and Servicing Agreement, on behalf of the
Registrant. The information reported and contained herein has been supplied to
the Servicer by one or more of the Borrowers or other third parties without
independent review or investigation by the Servicer. Pursuant to the Pooling
and Servicing Agreement, the Servicer is not responsible for the accuracy or
completeness of such information.
<PAGE>
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
5.1 99 Monthly distribution report pursuant
to Section 4.2 of the Pooling and
Servicing Agreement for the
distribution on November 14, 1996.
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.
AMRESCO MANAGEMENT, INC., IN
ITS CAPACITY AS SERVICER
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF NOMURA ASSET
SECURITIES CORPORATION,
REGISTRANT
By: /s/ Daniel B. Kirby
Daniel B. Kirby,
Senior Vice President
By: /s/ William J. Sweeney
William J. Sweeney, Jr.,
Vice President
Date: November 21, 1996
<PAGE>
EXHIBIT INDEX
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
5.1 99 Monthly distribution report pursuant
to Section 4.2 of the Pooling and
Servicing Agreement for the
distribution on November 14, 1996.
ABN AMRO
LaSalle National Bank
Administrator:
Mary Collier (800) 246-5761
135 S. LaSalle Street Suite 1740
Chicago, IL 60603
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Statement Date: 11/14/96
Payment Date: 11/14/96
Prior Payment: NA
Record Date: 10/22/96
Number Of Pages
Table Of Contents 1
REMIC Certificate Report 4
Other Related Information 3
Asset Backed Facts Sheets 1
Delinquency Loan Detail 1
Mortgage Loan Characteristics 2
Loan Level Listing 4
Total Pages Included In This Package 16
Specially Serviced Loan Detail Appendix A
Modified Loan Detail Appendix B
Realized Loss Detail Appendix C
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Upper-Tier
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
A-1A 64,985,025.00 64,985,025.00
045424BZ0 1000.000000000 1000.000000000
A-1B 154,000,000.00 154,000,000.00
045424CA4 1000.000000000 1000.000000000
A-1C 321,000,000.00 321,000,000.00
045424CB2 1000.000000000 1000.000000000
A-1D 19,564,674.00 19,564,674.00
045424CD8 1000.000000000 1000.000000000
A-2 39,129,349.00 39,129,349.00
045424CE6 1000.000000000 1000.000000000
A-3 35,216,414.00 35,216,414.00
045424CF3 1000.000000000 1000.000000000
A-4 39,129,349.00 39,129,349.00
045424CG1 1000.000000000 1000.000000000
A-5 15,651,739.00 15,651,739.00
045424CH9 1000.000000000 1000.000000000
A-CS1 64,985,025.00N 64,985,025.00
045424CC0 1000.000000000 1000.000000000
A-CS2 623,691,525.00N 623,691,525.00
045424CJ5 1000.000000000 1000.000000000
B-1 43,042,284.00 43,042,284.00
045424CK2 1000.000000000 1000.000000000
B-2 27,390,544.00 27,390,544.00
045424CL0 1000.000000000 1000.000000000
B-3 7,825,869.00 7,825,869.00
045424CM8 1000.000000000 1000.000000000
B-4 15,650,746.00 15,650,746.00
045424CN6 1000.000000000 1000.000000000
B-4H 1,000.80 1,000.80
045424CP1 1000.000000000 1000.000000000
R 0.00 0.00
045424CS5 1000.000000000 1000.000000000
782,586,993.80 782,586,993.80
Notes: (1) N denotes notional balance not included in total
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1A 581,764.93 0.00 0.00
045424BZ0 8.952292163 0.000000000 0.000000000
A-1B 0.00 0.00 0.00
045424CA4 0.000000000 0.000000000 0.000000000
A-1C 0.00 0.00 0.00
045424CB2 0.000000000 0.000000000 0.000000000
A-1D 0.00 0.00 0.00
045424CD8 0.000000000 0.000000000 0.000000000
A-2 0.00 0.00 0.00
045424CE6 0.000000000 0.000000000 0.000000000
A-3 0.00 0.00 0.00
045424CF3 0.000000000 0.000000000 0.000000000
A-4 0.00 0.00 0.00
045424CG1 0.000000000 0.000000000 0.000000000
A-5 0.00 0.00 0.00
045424CH9 0.000000000 0.000000000 0.000000000
A-CS1 0.00 0.00 0.00
045424CC0 0.000000000 0.000000000 0.000000000
A-CS2 0.00 0.00 0.00
045424CJ5 0.000000000 0.000000000 0.000000000
B-1 0.00 0.00 0.00
045424CK2 0.000000000 0.000000000 0.000000000
B-2 0.00 0.00 0.00
045424CL0 0.000000000 0.000000000 0.000000000
B-3 0.00 0.00 0.00
045424CM8 0.000000000 0.000000000 0.000000000
B-4 0.00 0.00 0.00
045424CN6 0.000000000 0.000000000 0.000000000
B-4H 0.00 0.00 0.00
045424CP1 0.000000000 0.000000000 0.000000000
R 0.00 0.00 0.00
045424CS5 0.000000000 0.000000000 0.000000000
581,764.93 0.00 0.00
Closing Interest Interest Pass-Through
Class Balance Payment (4) Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
A-1A 64,403,260.07 240,426.54 0.00 7.01000000%
045424BZ0 991.047707837 3.699722205 0.000000000 7.01000000%
A-1B 154,000,000.00 586,012.78 0.00 7.21000000%
045424CA4 1000.000000000 3.805277792 0.000000000 7.21000000%
A-1C 321,000,000.00 1,253,683.33 0.00 7.40000000%
045424CB2 1000.000000000 3.905555545 0.000000000 7.40000000%
A-1D 19,564,674.00 77,133.73 0.00 7.47000000%
045424CD8 1000.000000000 3.942500141 0.000000000 7.47000000%
A-2 39,129,349.00 153,379.35 0.00 7.42699573%
045424CE6 1000.000000000 3.919803266 0.000000000 7.43049945%
A-3 35,216,414.00 139,881.47 0.00 7.52599573%
045424CF3 1000.000000000 3.972053202 0.000000000 7.52949945%
A-4 39,129,349.00 161,536.73 0.00 7.82199573%
045424CG1 1000.000000000 4.128275428 0.000000000 7.82549945%
A-5 15,651,739.00 67,448.09 0.00 8.16499573%
045424CH9 1000.000000000 4.309303267 0.000000000 8.16849945%
A-CS1 64,403,260.07 72,548.65 0.00 2.11526573%
045424CC0 991.047707837 1.116390276 0.000000000 2.11876945%
A-CS2 623,691,525.00 564,693.03 0.00 1.71550301%
045424CJ5 1000.000000000 0.905404366 0.000000000
B-1 43,042,284.00 207,296.48 0.00 9.12526573%
045424CK2 1000.000000000 4.816112454 0.000000000 9.12876945%
B-2 27,390,544.00 131,915.94 0.00 9.12526573%
045424CL0 1000.000000000 4.816112451 0.000000000 9.12876945%
B-3 7,825,869.00 37,690.27 0.00 9.12526573%
045424CM8 1000.000000000 4.816113073 0.000000000 9.12876945%
B-4 15,650,746.00 75,375.75 0.00 9.12526573%
045424CN6 1000.000000000 4.816112280 0.000000000 9.12876945%
B-4H 1,000.80 4.82 0.00 9.12526573%
045424CP1 1000.000000000 4.816147082 0.000000000 9.12876945%
R 0.00 0.00 0.00 0.00000000%
045424CS5 0.000000000 0.000000000 0.000000000 0.00000000%
782,005,228.87 3,769,026.96 0.00
Total P&I Payment 4,350,791.89
Notes: (2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated (4) Interest Payment reflects
19 days of interest
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Lower-Tier
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
A-1A-L 64,985,025.00 64,985,025.00
None 1000.000000000 1000.000000000
A-1B-L 154,000,000.00 154,000,000.00
None 1000.000000000 1000.000000000
A-1C-L 321,000,000.00 321,000,000.00
None 1000.000000000 1000.000000000
A-1D-L 19,564,674.00 19,564,674.00
None 1000.000000000 1000.000000000
A-2-L 39,129,349.00 39,129,349.00
None 1000.000000000 1000.000000000
A-3-L 35,216,414.00 35,216,414.00
None 1000.000000000 1000.000000000
A-4-L 39,129,349.00 39,129,349.00
None 1000.000000000 1000.000000000
A-5-L 15,651,739.00 15,651,739.00
None 1000.000000000 1000.000000000
B-1-L 43,042,284.00 43,042,284.00
None 1000.000000000 1000.000000000
B-2-L 27,390,544.00 27,390,544.00
None 1000.000000000 1000.000000000
B-3-L 7,825,869.00 7,825,869.00
None 1000.000000000 1000.000000000
B-4-L 15,650,746.00 15,650,746.00
None 1000.000000000 1000.000000000
B-4H-L 1,000.80 1,000.80
None 1000.000000000 1000.000000000
LR 0.00 0.00
045424CT3 1000.000000000 1000.000000000
782,586,993.80 782,586,993.80
Notes: (1) N denotes notional balance not included in total
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1A-L 581,764.93 0.00 0.00
None 8.952292163 0.000000000 0.000000000
A-1B-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-1C-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-1D-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-2-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-3-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-4-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-5-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-1-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-2-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-3-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-4-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-4H-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
LR 0.00 0.00 0.00
045424CT3 0.000000000 0.000000000 0.000000000
581,764.93 0.00 0.00
Closing Interest Interest Pass-Through
Class Balance Payment (4) Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
A-1A-L 64,403,260.07 312,975.19 0.00 0.0701
None 991.047707837 4.816112481 0.000000000 0.0701
A-1B-L 154,000,000.00 741,681.32 0.00 0.0721
None 1000.000000000 4.816112468 0.000000000 0.0721
A-1C-L 321,000,000.00 1,545,972.10 0.00 0.074
None 1000.000000000 4.816112461 0.000000000 0.074
A-1D-L 19,564,674.00 94,225.67 0.00 0.0747
None 1000.000000000 4.816112448 0.000000000 0.0747
A-2-L 39,129,349.00 188,451.34 0.00 0.074269957
None 1000.000000000 4.816112325 0.000000000 0.074304995
A-3-L 35,216,414.00 169,606.21 0.00 0.075259957
None 1000.000000000 4.816112453 0.000000000 0.075294995
A-4-L 39,129,349.00 188,451.34 0.00 0.078219957
None 1000.000000000 4.816112325 0.000000000 0.078254995
A-5-L 15,651,739.00 75,380.53 0.00 0.081649957
None 1000.000000000 4.816112127 0.000000000 0.081684995
B-1-L 43,042,284.00 207,296.48 0.00 0.091252657
None 1000.000000000 4.816112454 0.000000000 0.091287695
B-2-L 27,390,544.00 131,915.94 0.00 0.091252657
None 1000.000000000 4.816112451 0.000000000 0.091287695
B-3-L 7,825,869.00 37,690.27 0.00 0.091252657
None 1000.000000000 4.816113073 0.000000000 0.091287695
B-4-L 15,650,746.00 75,375.75 0.00 0.091252657
None 1000.000000000 4.816112280 0.000000000 0.091287695
B-4H-L 1,000.80 4.82 0.00 0.091252657
None 1000.000000000 4.816147082 0.000000000 0.091287695
LR 0.00 0.00 0.00
045424CT3 0.000000000 0.000000000 0.000000000
782,005,228.87 3,769,026.96 0.00
Total P&I Payment 4,350,791.89
Notes: (2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated (4) Interest Payment reflects
19 days of interest
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Grantor Trust
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
V-1 0.00 0.00
045424CQ9 1000.000000000 1000.000000000
V-2 0.00 0.00
045424CR7 1000.000000000 1000.000000000
0.00 0.00
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
V-1 0.00 0.00 0.00
045424CQ9 0.000000000 0.000000000 0.000000000
V-2 0.00 0.00 0.00
045424CR7 0.000000000 0.000000000 0.000000000
0.00 0.00 0.00
Closing Interest Interest Pass-Through
Class Balance Payment (4) Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
V-1 0.00 0.00 0.00
045424CQ9 0.000000000 0.000000000 0.000000000
V-2 0.00 0.00 0.00
045424CR7 0.000000000 0.000000000 0.000000000
0.00 0.00 0.00
Total P&I Payment 0.00
Notes: (2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated (4) Interest Payment reflects
19 days of interest
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Other Related Information
Amount of Available Funds allocable to principal:
Principal Distribution Amou 581,764.93
P&I Advances made by: Beginning Current
Unreimbursed Period
Servicer 0.00 113,440.47
Trustee 0.00 0.00
Fiscal Agent 0.00 0.00
0.00 0.00
Total P&I Advances 0.00 113,440.47
P&I Advances made by: Ending
Reimbursed Unreimbursed
Servicer 0.00 113,440.47
Trustee 0.00 0.00
Fiscal Agent 0.00 0.00
0.00 0.00
Total P&I Advances 0.00 113,440.47
Specially Serviced Mortgage Loans:
Amount of Property Advances made during Collection Per 0.00
Amount of P&I Advances made during Collection Period 0.00
Aggregate Amount of Property Advances remaining Unreim 0.00
Aggregate Amount of P&I Advances remaining Unreimburse 0.00
Repurchases as per sections 2.03(d), 2.03(e), 3.18 or 0.00
Outstanding Principal Balan 0.00
Repurchase Price 0.00
Current Amount of Prepayment Interest Shortfalls 0.00
Summary of REO Property:
Appraised value of real estate acquired through foreclosure or grant
of a deed in lieu of foreclosure 0.00
Date
Property of Principal Book
Name REO Balance Value
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
Totals 0 0
Date Aggregate
of Amount Other
Property Final of Revenues
Name Recovery Proceeds Collected
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
Totals 0 0
Summary of Expenses:
Current Period Servicing Fees 21,555.95
Current Period Trustee Fees 2,065.16
Current Period Special Servicing Fees 0.00
Additonal Servicing Fees, per Section 3. 16,521.28
Total 40,142.39
Prepayment Premiums received during the Collection Per 0.00
Default Interest received during the Collection Period 0.00
Net Default Interest received during the Collection Pe 0.00
Excess Interest received during the Collection Period 0.00
Current Realized Losses on Mortgage Loans 0.00
Cumulative Realized Losses on Mortgage Loans 0.00
Prior Remaining
Interest Interest
Class Shortfall Shortfall
A-1A 0.00 0.00
A-1B 0.00 0.00
A-1C 0.00 0.00
A-1D 0.00 0.00
A-2 0.00 0.00
A-3 0.00 0.00
A-4 0.00 0.00
A-5 0.00 0.00
A-CS1 0.00 0.00
A-CS2 0.00 0.00
B-1 0.00 0.00
B-2 0.00 0.00
B-3 0.00 0.00
B-4 0.00 0.00
B-4H 0.00 0.00
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
DistributioDelinq 1 Month Delinq 2 Months
Date # Balance # Balance
11/14/96 1 11,958,686 0 0
0.88% 1.528% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
Note: Foreclosure and REO Totals are Included in the Appropriate
Delinquency Aging Category
DistributioDelinq 3+ Months Foreclosure/Bankruptcy
Date # Balance # Balance
11/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
DistributioREO Modifications
Date # Balance # Balance
11/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
DistributioPrepayments Curr Weighted Avg.
Date # Balance Coupon Remit
11/14/96 0 0 9.2197% 9.1217%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
0 0 0.0000% 0.0000%
0.00% 0.000% 0.0000% 0.0000%
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Delinquent Loan Detail
Disclosure Paid Current Outstanding
Doc Thru P&I P&I
Control # Date Advance Advances**
18 09/11/96 113,889.24 113,889.24
Total 113,889.24 113,889.24
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but less than one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the current period P&I Advance
Outstanding Special
Disclosure Property Servicer
Doc Protection Advance Transfer
Control # Advances Description (Date
18 0.00 1
Total 0.00
Disclosure
Doc Foreclosure Bankruptcy REO
Control # Date Date Date
0
18
Total
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Pool Total
Distribution of Principal Balances
Current Scheduled Number
Balances of Loans
$0to $999,999 6
$1,000,000to $1,249,999 3
$1,250,000to $1,499,999 5
$1,500,000to $1,999,999 17
$2,000,000to $2,499,999 11
$2,500,000to $2,999,999 11
$3,000,000to $3,499,999 4
$3,500,000to $3,999,999 8
$4,000,000to $4,499,999 7
$4,500,000to $4,999,999 5
$5,000,000to $5,499,999 6
$5,500,000to $5,999,999 5
$6,000,000to $6,999,999 2
$7,000,000to $9,999,999 5
$10,000,000to $14,999,999 3
$15,000,000to $19,999,999 8
$20,000,000to $24,999,999 3
$25,000,000to $49,999,999 1
$50,000,000to $64,999,999 1
$65,000,000& Above 2
Total 113
Average Scheduled Balance is 6,920,400
Maximum Scheduled Balance is 70,896,504
Minimum Scheduled Balance is 549,193
Current Scheduled Scheduled
Balances Balance
$0to $999,999 4,924,750
$1,000,000to $1,249,999 3,226,896
$1,250,000to $1,499,999 6,824,461
$1,500,000to $1,999,999 29,987,989
$2,000,000to $2,499,999 24,737,493
$2,500,000to $2,999,999 29,553,160
$3,000,000to $3,499,999 12,872,027
$3,500,000to $3,999,999 29,783,962
$4,000,000to $4,499,999 29,477,461
$4,500,000to $4,999,999 24,113,405
$5,000,000to $5,499,999 31,715,101
$5,500,000to $5,999,999 28,634,264
$6,000,000to $6,999,999 13,031,797
$7,000,000to $9,999,999 39,537,153
$10,000,000to $14,999,999 40,364,963
$15,000,000to $19,999,999 138,653,363
$20,000,000to $24,999,999 72,365,830
$25,000,000to $49,999,999 28,235,180
$50,000,000to $64,999,999 54,636,120
$65,000,000& Above 139,329,853
Total 782,005,229
Current Scheduled Based on
Balances Balance
$0to $999,999 0.63%
$1,000,000to $1,249,999 0.41%
$1,250,000to $1,499,999 0.87%
$1,500,000to $1,999,999 3.83%
$2,000,000to $2,499,999 3.16%
$2,500,000to $2,999,999 3.78%
$3,000,000to $3,499,999 1.65%
$3,500,000to $3,999,999 3.81%
$4,000,000to $4,499,999 3.77%
$4,500,000to $4,999,999 3.08%
$5,000,000to $5,499,999 4.06%
$5,500,000to $5,999,999 3.66%
$6,000,000to $6,999,999 1.67%
$7,000,000to $9,999,999 5.06%
$10,000,000to $14,999,999 5.16%
$15,000,000to $19,999,999 17.73%
$20,000,000to $24,999,999 9.25%
$25,000,000to $49,999,999 3.61%
$50,000,000to $64,999,999 6.99%
$65,000,000& Above 17.82%
Total 100.00%
Distribution of Property Types
Number
Property Types of Loans
MF- Housing 22
Hospitality 35
Office 7
Retail-Anchored 12
Retail Facility 8
Mobile Home Park 23
Office/Industrial 2
Nursing Home 4
Total 113
Scheduled
Property Types Balance
MF- Housing 226,115,718
Hospitality 209,895,036
Office 100,472,279
Retail-Anchored 75,846,447
Retail Facility 71,033,135
Mobile Home Park 50,243,807
Office/Industrial 27,284,451
Nursing Home 21,114,356
Total 782,005,229
Based on
Property Types Balance
MF- Housing 28.91%
Hospitality 26.84%
Office 12.85%
Retail-Anchored 9.70%
Retail Facility 9.08%
Mobile Home Park 6.42%
Office/Industrial 3.49%
Nursing Home 2.70%
Total 100.00%
Distribution of Mortgage Interest Rates
Current Mortgage Number
Interest Rate of Loans
7.500%or less 0
7.500%to 7.625% 0
7.625%to 7.750% 0
7.750%to 7.875% 0
7.875%to 8.000% 1
8.000%to 8.125% 0
8.125%to 8.250% 2
8.250%to 8.375% 1
8.375%to 8.500% 2
8.500%to 8.625% 8
8.625%to 8.750% 4
8.750%to 9.000% 11
9.000%to 9.125% 7
9.125%to 9.500% 29
9.500%& Above 48
Total 113
W/Avg Mortgage Interest Rate is 9.2197%
Minimum Mortgage Interest Rate is 7.8820%
Maximum Mortgage Interest Rate is 10.7800%
Current Mortgage Scheduled
Interest Rate Balance
7.500%or less 0
7.500%to 7.625% 0
7.625%to 7.750% 0
7.750%to 7.875% 0
7.875%to 8.000% 16,035,311
8.000%to 8.125% 0
8.125%to 8.250% 16,833,440
8.250%to 8.375% 1,859,686
8.375%to 8.500% 6,279,630
8.500%to 8.625% 129,071,089
8.625%to 8.750% 66,068,243
8.750%to 9.000% 71,892,302
9.000%to 9.125% 17,422,766
9.125%to 9.500% 249,561,144
9.500%& Above 206,981,618
Total 782,005,229
Current Mortgage Based on
Interest Rate Balance
7.500%or less 0.00%
7.500%to 7.625% 0.00%
7.625%to 7.750% 0.00%
7.750%to 7.875% 0.00%
7.875%to 8.000% 2.05%
8.000%to 8.125% 0.00%
8.125%to 8.250% 2.15%
8.250%to 8.375% 0.24%
8.375%to 8.500% 0.80%
8.500%to 8.625% 16.51%
8.625%to 8.750% 8.45%
8.750%to 9.000% 9.19%
9.000%to 9.125% 2.23%
9.125%to 9.500% 31.91%
9.500%& Above 26.47%
Total 100.00%
Geographic Distribution
Number
Geographic Location of Loans
California 18
Texas 13
Nevada 2
Georgia 5
Arizona 12
Various 2
Florida 7
Pennsylvania 2
Michigan 5
New York 2
Maryland 6
New Jersey 5
Missouri 3
North Carolina 4
Tennessee 3
Louisiana 2
Ohio 3
Washington 2
Virginia 3
Indiana 2
Kentucky 1
Colorado 3
Oklahoma 2
Illinois 2
Kansas 1
Utah 1
Rhode Island 1
Oregon 1
Total 113
Scheduled
Geographic Location Balance
California 207,388,993
Texas 127,775,646
Nevada 73,640,098
Georgia 45,695,165
Arizona 42,567,588
Various 32,989,368
Florida 30,402,682
Pennsylvania 29,939,234
Michigan 24,779,692
New York 22,530,954
Maryland 21,230,168
New Jersey 16,949,248
Missouri 16,235,343
North Carolina 14,871,978
Tennessee 12,892,997
Louisiana 8,654,655
Ohio 7,844,179
Washington 6,979,015
Virginia 5,661,813
Indiana 5,518,588
Kentucky 5,467,838
Colorado 4,650,984
Oklahoma 4,337,993
Illinois 3,982,237
Kansas 2,740,464
Utah 2,285,721
Rhode Island 2,070,032
Oregon 1,922,556
Total 782,005,229
Based on
Geographic Location Balance
California 26.52%
Texas 16.34%
Nevada 9.42%
Georgia 5.84%
Arizona 5.44%
Various 4.22%
Florida 3.89%
Pennsylvania 3.83%
Michigan 3.17%
New York 2.88%
Maryland 2.71%
New Jersey 2.17%
Missouri 2.08%
North Carolina 1.90%
Tennessee 1.65%
Louisiana 1.11%
Ohio 1.00%
Washington 0.89%
Virginia 0.72%
Indiana 0.71%
Kentucky 0.70%
Colorado 0.59%
Oklahoma 0.55%
Illinois 0.51%
Kansas 0.35%
Utah 0.29%
Rhode Island 0.26%
Oregon 0.25%
Total 100.00%
Loan Seasoning
Number
Number of Years of Loans
1 year or less 86
1+ to 2 years 0
2+ to 3 years 0
3+ to 4 years 1
4+ to 5 years 0
5+ to 6 years 2
6+ to 7 years 0
7+ to 8 years 0
8+ to 9 years 0
9+ to 10 years 0
10 years or more 24
Total 113
Weighted Average Seasoning 1.7
Scheduled
Number of Years Balance
1 year or less 658,640,630
1+ to 2 years 0
2+ to 3 years 0
3+ to 4 years 54,636,120
4+ to 5 years 0
5+ to 6 years 4,491,582
6+ to 7 years 0
7+ to 8 years 0
8+ to 9 years 0
9+ to 10 years 0
10 years or more 64,236,896
Total 782,005,229
Based on
Number of Years Balance
1 year or less 84.22%
1+ to 2 years 0.00%
2+ to 3 years 0.00%
3+ to 4 years 6.99%
4+ to 5 years 0.00%
5+ to 6 years 0.57%
6+ to 7 years 0.00%
7+ to 8 years 0.00%
8+ to 9 years 0.00%
9+ to 10 years 0.00%
10 years or more 8.21%
Total 100.00%
Distribution of Amortization Type
Number
Amortization Type of Loans
NA
Total 0
Scheduled
Amortization Type Balance
Total 0
Based on
Amortization Type Balance
Total 0.00%
Distribution of Remaining Term
Fully Amortizing
Fully Amortizing Number Scheduled
Mortgage Loans of Loans Balance
60 months or less 0 0
61 to 120 months 0 0
121 to 180 months NA 0
181 to 240 months 0 0
241 to 360 months 0 0
Total 0 0
Weighted Average Months to Maturity is 291
Fully Amortizing Based on
Mortgage Loans Balance
60 months or less 0.00%
61 to 120 months 0.00%
121 to 180 months 0.00%
181 to 240 months 0.00%
241 to 360 months 0.00%
Total 0.00%
Distribution of Remaining Term
Balloon Loans
Balloon Number Scheduled
Mortgage Loans of Loans Balance
12 months or less 0 0
13 to 24 months 0 0
25 to 36 months 0 0
37 to 48 months NA 0
49 to 60 months 0 0
61 to 120 months 0 0
121 to 180 months 0 0
181 to 240 months 0 0
Total 0 0
Weighted Average Months to Maturity is 0
Balloon Based on
Mortgage Loans Balance
12 months or less 0.00%
13 to 24 months 0.00%
25 to 36 months 0.00%
37 to 48 months 0.00%
49 to 60 months 0.00%
61 to 120 months 0.00%
121 to 180 months 0.00%
181 to 240 months 0.00%
Total 0.00%
Distribution of DSCR
Debt Service Number
Coverage Ratio (1) of Loans
1.000or less 0
1.001to 1.125 0
1.126to 1.250 0
1.251to 1.375 42
1.376to 1.500 38
1.501to 1.625 14
1.626to 1.750 8
1.751to 1.875 4
1.876to 2.000 4
2.001to 2.125 2
2.126to 2.250 1
2.251to 2.375 0
2.376to 2.500 0
2.501to 2.625 0
2.626& above 0
Unknown 0
Total 113
Weighted Average Debt Service Coverage R 1.443
Debt Service Scheduled
Coverage Ratio (1) Balance
1.000or less 0
1.001to 1.125 0
1.126to 1.250 0
1.251to 1.375 309,246,418
1.376to 1.500 288,751,734
1.501to 1.625 108,565,675
1.626to 1.750 26,553,528
1.751to 1.875 27,464,928
1.876to 2.000 8,298,882
2.001to 2.125 9,336,350
2.126to 2.250 3,787,713
2.251to 2.375 0
2.376to 2.500 0
2.501to 2.625 0
2.626& above 0
Unknown 0
Total 782,005,229
Debt Service Based on
Coverage Ratio (1) Balance
1.000or less 0.00%
1.001to 1.125 0.00%
1.126to 1.250 0.00%
1.251to 1.375 39.55%
1.376to 1.500 36.92%
1.501to 1.625 13.88%
1.626to 1.750 3.40%
1.751to 1.875 3.51%
1.876to 2.000 1.06%
2.001to 2.125 1.19%
2.126to 2.250 0.48%
2.251to 2.375 0.00%
2.376to 2.500 0.00%
2.501to 2.625 0.00%
2.626& above 0.00%
Unknown 0.00%
Total 100.00%
(1) Debt Service Coverage Ratios are calculated as described in the
prospectus, values are updated periodically as new NOI figures became
available from borrowers on an asset level.
Neither the Trustee, Servicer, Special Servicer or Underwriter
makes any representation as to the accuracy of the data provided by the
borrower for this calculation.
NOI Aging
Number Scheduled
NOI Date of Loans Balance
1 year or less 113 782,005,229
1 to 2 years 0 0
2 Years or More 0 0
Unknown 0 0
Total 113 782,005,229
Based on
NOI Date Balance
1 year or less 100.00%
1 to 2 years 0.00%
2 Years or More 0.00%
Unknown 0.00%
Total 100.00%
Asset Securitization Corporation
Amresco Management, Inc. as Servicer
Criimi Mae Services Limited Partnership as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1996-D3
ABN AMRO Acct: 67-7632-92-9
Loan Level Detail
Property
Disclosure Type Maturity
Control # Code Date DSCR
1 Hospitality 09/11/21 1.580
2 MF- Housing 10/11/26 1.450
3 MF- Housing 03/11/13 1.300
4 Retail Facility 04/11/24 1.380
5 Office 10/11/26 1.440
6 Office/Industria 08/11/21 1.340
7 Office 01/11/19 1.340
8 Retail-Anchored 09/11/26 1.340
9 Office 10/11/26 1.260
10 Hospitality 06/11/21 1.460
11 Retail Facility 10/11/21 1.300
12 Office 06/11/21 1.330
13 Retail-Anchored 06/11/26 1.400
14 MF- Housing 04/11/26 1.860
15 Hospitality 10/11/21 1.400
16 MF- Housing 03/11/26 1.350
17 MF- Housing 04/11/26 1.490
18 Nursing Home 06/11/11 1.650
19 Hospitality 05/11/21 1.400
20 Mobile Home Park 05/11/11 1.340
21 Hospitality 08/11/16 1.520
22 MF- Housing 09/11/26 1.300
23 Retail Facility 10/11/21 1.380
24 Retail Facility 10/11/21 1.370
25 Retail Facility 09/11/26 1.270
26 Office 09/11/21 1.450
27 MF- Housing 10/11/26 1.320
28 Office 03/11/26 1.760
29 Retail-Anchored 04/11/26 1.460
30 Hospitality 04/11/16 1.580
31 MF- Housing 07/11/26 1.300
32 Retail-Anchored 07/11/21 1.410
33 Retail-Anchored 06/11/26 1.460
34 Hospitality 07/11/21 1.410
35 Retail-Anchored 06/11/26 1.300
36 MF- Housing 09/11/26 1.320
37 Hospitality 04/11/16 2.010
38 Retail-Anchored 07/11/26 1.360
39 MF- Housing 09/11/26 1.360
40 Hospitality 07/11/16 1.550
41 Hospitality 06/11/21 1.350
42 Hospitality 09/11/16 2.030
43 Retail-Anchored 08/11/21 1.320
44 MF- Housing 04/11/21 1.390
45 Mobile Home Park 08/11/06 1.440
46 Office 05/11/21 1.430
47 MF- Housing 04/11/03 1.410
48 Hospitality 07/11/16 1.450
49 Hospitality 03/11/16 1.670
50 Nursing Home 06/11/21 1.340
51 MF- Housing 09/11/16 2.250
52 Hospitality 05/11/21 1.400
53 Hospitality 05/11/16 1.920
54 Hospitality 07/11/16 1.420
55 Hospitality 07/11/16 1.330
56 Mobile Home Park 06/11/16 1.310
57 Hospitality 09/11/21 1.550
58 Mobile Home Park 06/11/11 1.270
59 Hospitality 04/11/21 1.470
60 MF- Housing 04/11/16 1.810
61 Office/Industria 06/11/21 1.370
62 Nursing Home 06/11/16 1.520
63 Retail-Anchored 06/11/26 1.340
64 Mobile Home Park 05/11/06 1.260
65 Hospitality 09/11/16 1.420
66 Mobile Home Park 08/11/06 1.360
67 Hospitality 08/11/21 1.740
68 MF- Housing 09/11/26 1.380
69 Retail Facility 08/11/21 1.310
70 Nursing Home 07/11/06 1.790
71 Retail-Anchored 06/11/21 1.280
72 Mobile Home Park 09/11/26 1.400
73 MF- Housing 09/11/16 1.980
74 Hospitality 03/11/16 1.510
75 Hospitality 08/11/21 1.410
76 Hospitality 03/11/21 1.450
77 Hospitality 09/11/21 1.560
78 Retail-Anchored 08/11/21 1.410
79 Hospitality 09/11/16 1.520
80 Hospitality 07/11/16 1.420
81 Retail Facility 08/11/21 1.260
82 Mobile Home Park 06/11/11 1.290
83 Mobile Home Park 07/11/06 1.350
84 Hospitality 08/11/16 1.660
85 Mobile Home Park 04/11/03 1.500
86 MF- Housing 03/11/06 1.510
87 MF- Housing 04/11/03 1.280
88 Hospitality 09/11/16 1.700
89 Hospitality 08/11/16 1.490
90 Mobile Home Park 08/11/06 1.640
91 Mobile Home Park 06/11/11 1.310
92 Mobile Home Park 04/11/21 1.640
93 Hospitality 08/11/16 1.400
94 Mobile Home Park 09/11/06 1.400
95 Mobile Home Park 04/11/06 1.550
96 MF- Housing 04/11/03 1.320
97 Hospitality 03/11/16 1.380
98 MF- Housing 09/11/06 1.470
99 Mobile Home Park 05/11/21 2.000
100 Hospitality 09/11/16 1.560
101 MF- Housing 09/11/26 1.290
102 Mobile Home Park 08/11/21 1.360
103 Mobile Home Park 04/11/06 1.380
104 MF- Housing 09/11/26 1.300
105 Retail-Anchored 06/11/16 1.300
106 Retail Facility 09/11/21 1.370
107 Mobile Home Park 07/11/06 1.540
108 Mobile Home Park 08/11/06 1.360
109 Mobile Home Park 04/11/16 1.610
110 Mobile Home Park 09/11/06 1.730
111 Mobile Home Park 08/11/06 1.400
112 Hospitality 04/11/16 1.410
113 Hospitality 04/11/18 1.890
* NOI and DSCR, if available and reportable under the terms of the
trust agreement, are based on information obtained from the related
borrower, and no other party to the agreement shall be held liable for
the accuracy or methodology used to determine such figures.
(1) LegenA. P&I Adv - in Grace Period
B. P&I Adv - less than one month delinq
1. P&I Adv - delinquent 1 month
2. P&I Adv - delinquent 2 months
3. P&I Adv - delinquent 3+ months
4. Mat. Balloon/Assumed P&I
5. Prepaid in Full
6. Specially Serviced
7. Foreclosure
8. Bankruptcy
9. REO
10. DPO
11. Modification
Operating Beginning
Disclosure Statement Principal
Control # NOI Date Balance
1 12,032,549 07/31/96 70,939,362
2 9,259,307 06/30/96 68,458,716
3 7,725,043 07/31/96 54,709,251
4 3,909,926 07/31/96 28,250,000
5 4,000,205 06/30/96 25,000,000
6 3,672,313 06/30/96 24,365,401
7 3,967,008 07/31/96 23,040,712
8 2,844,998 07/31/96 19,789,627
9 3,109,122 06/30/96 19,500,000
10 3,644,077 06/30/96 16,961,456
11 2,699,829 06/30/96 16,715,000
12 2,670,071 06/30/96 16,527,580
13 2,349,484 06/30/96 16,357,401
14 2,862,165 06/30/96 16,043,236
15 2,998,083 05/31/96 16,850,000
16 2,264,468 05/31/96 14,930,537
17 2,082,236 06/30/96 13,490,989
18 2,339,266 06/30/96 11,967,095
19 1,517,989 06/30/96 8,665,399
20 1,178,931 06/30/96 7,841,350
21 1,479,940 06/30/96 7,280,643
22 897,997 07/31/96 7,108,874
23 167,166 06/30/96 5,135,000
24 1,370,495 06/30/96 8,670,000
25 735,534 07/31/96 6,546,799
26 719,298 06/30/96 6,494,134
27 713,904 07/31/96 5,875,000
28 1,766,491 06/30/96 5,853,895
29 905,638 06/30/96 5,744,796
30 1,397,964 06/30/96 5,476,080
31 704,422 05/31/96 5,591,168
32 898,288 05/31/96 5,585,493
33 881,358 06/30/96 5,388,601
34 1,016,205 05/31/96 5,287,224
35 842,424 07/31/96 5,242,812
36 749,800 06/30/96 5,209,635
37 1,631,963 05/31/96 4,956,197
38 845,594 05/31/96 4,868,179
39 594,541 07/31/96 4,847,134
40 1,188,195 05/30/96 4,777,119
41 835,851 06/30/96 4,686,890
42 1,370,373 07/31/96 4,393,851
43 601,672 06/30/96 4,363,076
44 623,191 06/30/96 4,274,524
45 583,968 06/30/96 4,228,510
46 756,491 06/30/96 4,107,649
47 570,545 06/30/96 4,092,036
48 853,239 05/31/96 4,045,482
49 843,768 06/30/96 3,859,630
50 574,259 06/30/96 3,813,383
51 1,086,634 06/30/96 3,793,878
52 728,948 04/30/96 3,786,623
53 989,702 06/30/96 3,721,857
54 1,009,613 06/27/96 3,710,781
55 717,985 05/31/96 3,621,088
56 460,173 05/31/96 3,512,919
57 739,869 06/30/96 3,447,496
58 441,975 05/31/96 3,260,879
59 603,424 06/30/96 3,135,456
60 698,028 06/30/96 3,041,009
61 502,949 06/30/96 2,935,879
62 551,813 06/30/96 2,806,675
63 443,944 04/30/96 2,744,750
64 336,185 05/31/96 2,742,933
65 538,863 06/30/96 2,699,491
66 373,773 06/30/96 2,697,136
67 801,208 06/30/96 2,638,347
68 339,592 07/31/96 2,631,488
69 414,640 07/31/96 2,595,943
70 544,571 05/31/96 2,544,390
71 376,192 12/31/95 2,540,950
72 339,099 06/30/96 2,498,516
73 580,147 06/30/96 2,495,973
74 574,187 03/31/96 2,475,763
75 491,651 06/30/96 2,306,795
76 434,606 12/31/95 2,287,558
77 582,923 06/30/96 2,273,351
78 304,708 07/31/96 2,161,661
79 521,974 06/30/96 2,097,136
80 424,333 06/30/96 2,071,925
81 353,536 07/31/96 2,071,701
82 283,567 05/31/96 2,022,104
83 248,781 06/30/96 1,964,883
84 487,508 06/30/96 1,925,058
85 287,781 06/30/96 1,915,126
86 306,819 12/31/95 1,861,647
87 249,141 06/30/96 1,860,457
88 426,746 05/31/96 1,816,523
89 375,919 06/30/96 1,804,678
90 313,495 05/31/96 1,797,015
91 248,255 05/31/96 1,775,194
92 302,077 06/30/96 1,715,640
93 336,645 06/30/96 1,706,912
94 233,155 06/30/96 1,699,102
95 291,565 06/30/96 1,690,881
96 240,673 06/30/96 1,667,550
97 341,906 06/30/96 1,657,038
98 275,379 08/22/96 1,617,452
99 430,558 06/30/96 1,543,086
100 377,393 03/31/96 1,498,132
101 194,034 07/31/96 1,399,219
102 212,676 06/24/96 1,352,928
103 181,332 12/31/95 1,292,614
104 181,953 07/31/96 1,287,277
105 131,617 06/25/96 1,093,650
106 166,463 07/31/96 1,089,147
107 179,334 12/31/95 1,047,443
108 129,127 05/31/96 994,950
109 165,363 12/31/95 982,656
110 141,397 06/30/96 859,272
111 132,514 05/31/96 848,552
112 133,199 06/30/96 693,863
113 156,832 06/30/96 549,669
129,718,093 782,586,994
Ending
Disclosure Principal Note Scheduled
Control # Balance Rate P&I
1 70,896,504 9.260% 590,274
2 68,433,349 8.525% 511,708
3 54,636,120 8.710% 470,229
4 28,235,180 8.520% 215,395
5 24,992,094 8.860% 192,490
6 24,351,055 9.380% 204,802
7 23,022,681 9.750% 205,236
8 19,784,232 9.200% 157,115
9 19,494,901 9.250% 155,411
10 16,954,057 10.400% 154,398
11 16,705,700 9.500% 141,628
12 16,517,642 9.380% 139,129
13 16,352,283 8.980% 127,525
14 16,035,311 7.882% 113,302
15 16,809,236 9.970% 180,759
16 14,920,341 8.170% 111,847
17 13,485,936 8.617% 101,929
18 11,958,686 10.630% 114,418
19 8,661,328 10.210% 77,799
20 7,834,462 9.357% 68,031
21 7,270,844 9.980% 70,350
22 7,104,717 8.710% 55,755
23 5,130,675 9.140% 43,437
24 8,665,801 9.140% 70,235
25 6,543,572 9.530% 55,219
26 6,488,225 8.930% 54,237
27 5,871,521 8.610% 45,632
28 5,851,075 9.885% 51,041
29 5,742,908 8.920% 44,592
30 5,467,838 9.455% 51,389
31 5,588,179 9.220% 45,948
32 5,580,582 9.240% 47,919
33 5,385,696 9.220% 44,307
34 5,282,896 9.670% 46,934
35 5,241,248 9.080% 41,235
36 5,206,748 8.970% 41,828
37 4,948,696 9.350% 46,118
38 4,865,868 9.790% 42,027
39 4,844,247 8.620% 37,706
40 4,771,054 10.510% 47,905
41 4,683,540 10.530% 44,477
42 4,387,654 9.540% 41,129
43 4,359,572 9.730% 38,882
44 4,270,508 8.990% 36,039
45 4,226,240 9.160% 34,548
46 4,105,661 10.170% 36,801
47 4,087,942 8.600% 33,421
48 4,039,885 9.840% 38,770
49 3,853,683 9.280% 35,795
50 3,810,418 10.030% 34,839
51 3,787,713 8.420% 32,785
52 3,783,878 10.500% 35,879
53 3,716,100 9.100% 33,981
54 3,705,959 10.330% 36,765
55 3,616,371 10.310% 35,828
56 3,509,840 9.310% 30,334
57 3,444,970 10.220% 31,887
58 3,258,044 9.360% 28,270
59 3,132,960 10.000% 28,624
60 3,036,053 8.750% 27,130
61 2,933,396 9.580% 25,921
62 2,802,765 9.860% 26,972
63 2,743,411 9.700% 23,526
64 2,740,464 9.200% 23,498
65 2,695,952 10.110% 26,282
66 2,695,688 9.160% 22,036
67 2,636,497 10.530% 25,002
68 2,629,966 8.760% 20,733
69 2,593,889 9.820% 23,297
70 2,542,488 10.210% 23,550
71 2,538,645 9.100% 21,574
72 2,497,022 8.600% 19,400
73 2,491,917 8.420% 21,569
74 2,472,186 9.800% 23,795
75 2,305,172 10.510% 21,827
76 2,285,721 10.000% 20,900
77 2,271,689 10.230% 21,043
78 2,159,971 9.890% 19,506
79 2,094,249 9.730% 19,891
80 2,069,188 10.200% 20,349
81 2,070,032 9.710% 18,433
82 2,020,346 9.360% 17,530
83 1,963,828 9.200% 16,119
84 1,922,556 10.250% 18,946
85 1,913,099 8.250% 15,193
86 1,859,686 8.330% 14,884
87 1,858,654 8.800% 15,446
88 1,814,025 9.740% 17,242
89 1,802,488 10.780% 18,402
90 1,795,505 9.460% 15,677
91 1,773,714 9.610% 15,697
92 1,714,038 9.030% 14,512
93 1,704,841 10.780% 17,405
94 1,698,197 9.160% 13,875
95 1,689,321 9.100% 14,383
96 1,665,934 8.800% 13,844
97 1,654,538 9.450% 15,549
98 1,615,893 8.580% 13,124
99 1,541,672 9.090% 13,103
100 1,496,248 10.430% 14,905
101 1,398,433 8.900% 11,164
102 1,351,879 9.940% 12,256
103 1,291,352 8.750% 10,688
104 1,286,549 8.870% 10,243
105 1,092,031 9.380% 10,167
106 1,088,287 9.780% 9,736
107 1,046,577 9.610% 9,254
108 994,419 9.190% 8,151
109 981,742 9.050% 8,325
110 858,538 9.310% 7,401
111 847,820 9.300% 7,309
112 693,038 9.670% 6,416
113 549,193 9.820% 4,974
782,005,229 6,594,447
Loan
Disclosure Prepayment Status
Control # Prepayment Date Code (1)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
