SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): September
25, 1996
TRUST CREATED BY MIDLAND REALTY ACCEPTANCE CORP. (under a
Pooling and Servicing Agreement dated as of September 1,
1996, which Trust is the Issuer of Commercial Mortgage
Pass-Through Certificates, Series 1996-C1)
(Exact name of registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation)
333-3885-1 36-4106421
(Commission File Number) (IRS Employer Identification No.)
135 South LaSalle Street, Suite 1740, Chicago, IL 60603
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (800) 246-5761
Not applicable
(Former name or former address, if changed since last report)
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
Exhibit 1 Corrected Schedule to Underwriting Agreement Relating to
Midland Realty Acceptance Corp., Commercial
Mortgage Pass-Through Certificates, Series 1996-C1
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Registrant has duly
caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MIDLAND LOAN SERVICES, L.P., not in its individual
capacity, but solely as duly authorized agent of the
Registrant pursuant to Section 3.20 of the Pooling and
Servicing Agreement, dated as of September 1, 1996
By: Midland Data Systems, Inc., its General Partner
By:/s/ Lawrence D. Ashley
Lawrence D. Ashley, Director of MBS Programs
Date: October 10, 1996
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EXHIBIT INDEX
Exhibit No. Description
1 Corrected Schedule to
Underwriting Agreement
Relating to Midland
Realty Acceptance
Corp., Commercial
Mortgage Pass-Through
Certificates, Series
1996- C1
SCHEDULE I
Principal Amount and Purchase Price of Publicly Offered
Securities:
Class Principal Amount % Purchase
Price
A-1 $89,941,000.00 100.739594%
A-2 $68,712,000.00 100.750260%
A-3 $91,844,000.00 100.807802%
B $20,417,000.00 100.784819%
C $25,985,000.00 100.554777%
D $14,848,000.00 100.318444%
E $ 5,568,000.00 98.830444%
F $ 7,424,000.00 102.564677%
Title of Publicly Offered Certificates:
Midland Realty Acceptance Corp., Commercial Mortgage Pass-Through Certificates,
Series 1996-C1, Class A-1, Class A-2, Class A-3, Class B, Class C, Class D,
Class E and Class F
Terms and Conditions:
Specified funds for payment of purchase price:
Wire transfer of immediately available Federal Funds.
Certificate Balances and Required Ratings:
As described in the Prospectus Supplement.
Time of Delivery:
September 25, 1996 at 10:00 a.m. Kansas City time
Closing Location:
Offices of:
Morrison & Hecker L.L.P.
800 Grand Avenue
Kansas City, Missouri 64108-4606
Names and address of Underwriters:
Address for Notices, etc: Prudential Securities Incorporated
One New York Plaza,
18th Floor
New York, New York 10292-2015
Attention: Peter Riemenschneider
Fax: (212) 778-5099
Smith Barney Inc.
390 Greenwich Street
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5th Floor
New York, New York 10013
Attention: Clive Bull
Fax: 212-723-8822
