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: May 26, 1998
(Date of earliest event reported)
AMRESCO Commercial Mortgage Funding I Corporation
- -----------------------------------------------------------------
(Exact Name of registrant as specified in its charter)
Delaware 333-19591 75-2683929
(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification Number)
700 N. Pearl St. Suite 2400 Dallas, Texas 75201
- -----------------------------------------------------------------
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code: (214) 953-7700
This Document contains exactly 3 Pages.
ITEM 5. OTHER EVENTS
This Special Event Report on Form 8-K relates to the
Trust Fund formed, and the Commercial Mortgage Pass-Through
Certificates Series 1997-C1 issued pursuant to a Pooling and
Servicing Agreement, dated as of June 1, 1997 (the "Pooling and
Servicing Agreement"), by and among AMRESCO Commercial Mortgage
Funding I Corporation (the "Company"), as depositor, AMRESCO
Services L.P., 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. 333-19591) (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 Special Event Report reporting
the receipt by Servicer of a notice from Ordway Associates
indicating their intent to voluntarily prepay the loan on the
Ordway Building on September 22, 1998. The outstanding
principal balance of the loan as of the date of this Special
Event Report is $15,697,004.88.
This Special Event 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.
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 MORTGAGE CAPITAL, INC.
AS GENERAL PARTNER OF AMRESCO
SERVICES L.P., IN ITS CAPACITY AS
SERVICER UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF AMRESCO COMMERCIAL
MORTGAGE FUNDING I
CORPORATION, REGISTRANT
By: /s/Dan Kirby
Daniel B. Kirby
Senior Vice President
By: /s/Sean Reilly
Sean D. Reilly
Vice President
Date: May 28, 1998
