SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Form 10-K
Annual report pursuant to Section 13 or 15(d) of the Securities and Exchange
Act of 1934 (Fee Required) For fiscal year ended 12/31/1996
Commission file number: 033-84924-16
Salomon Brothers Mortgage Securities VII, Inc.
(AS DEPOSITOR UNDER THE TRUST AGREEMENT DATED AS OF SEPTEMBER 30, 1996,
PROVIDING FOR THE ISSUANCE OF TRUST CERTIFICATES SERIES 1996-4
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(Exact name of registrant as specified in its charter)
Delaware 133439681
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(State or Other Jurisdiction (I.R.S. Employer
of Incorporation Identification Number)
Seven World Trade Center 29th Floor
New York, New York 10048
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(Address of Principal (Zip Code)
Executive Offices) `
Registrant's telephone number:(203) 625-2700
Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
None
Indicate whether the Registrant: (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
_X_ YES ___ no
Item 1. Business:
Not applicable
Item 2. Properties:
Not applicable
Item 3. Legal Proceedings:
None
Item 4. Submission of Matters to a Vote of Security-Holders
None
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters
To the best knowledge of the registrant there is no established public
trading market for the certificates.
There are approximately 20 holders of record as of the end of the
reporting year.
Item 6.Selected Financial Data
Not applicable
Item 7.Management's Discussion and Analysis of Financial Condition and Results
of Operations
Not applicable
Item 8. Financial Statements and Supplementary Data
Not applicable
Item 9. Changes in and Disagreements With Accountants on Accounting and
Financial Disclosure
None
Item 10. Directors and Executive Officers of the Registrant
Not applicable
Item 11. Executive Compensation
Not applicable
Item 12. Security Ownership of Certain Beneficial Owners and Management
Not applicable
Item 13. Certain Relationships and Related Transactions
Not applicable
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K
The company filed on Form 8-K, separately for each distribution date,
the distribution of funds related to the trust for each of the
following distribution dates:
Distribution Date Form 8-K Filing Date
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October 29, 1996 January 3, 1997
November 27, 1996 January 29, 1997
December 30, 1996 January 29, 1997
Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
Date: 09/19/97
Salomon Brothers Mortgage Securities VII, Inc. by First Trust National
Association, as Trustee for Salomon Brothers Mortgage Securities VII, Inc.
Trust Certificates, Series 1996-4,
By: /s/ Eve Kaplan
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Name: Eve Kaplan
Title: Vice President
Company: First Trust National Association