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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 report) OCTOBER 15, 1997
The Money Store Inc. (as Representative under a Pooling
and Servicing Agreement dated as of August 31, 1997
providing for the issuance of TMS SBA Loan-Backed
Adjustable Rate Certificates, Series 1997-1, Class A and
Class B), The Money Store Investment Corporation, The
Money Store Commercial Mortgage Inc. and The Money Store
of New York, Inc.
The Money Store, Inc.
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(Exact name of regristrant as specified in its charter)
New Jersey 333-20817 Applied For
State or other (Commission (IRS Employer
jurisdiction of File Number) ID Number)
incorporation)
2840 Morris Avenue, Union, New Jersey 7083
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(Address of principal executive officer)
Registrant's Telephone Number,
including area code: 908-686-2000
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n/a
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(Former name or former address, if changed since last report)
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Item 5 Other Events
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Attached herein as Annex A is a copy of the Monthly Statement sent to Class
A Certificate holders with respect to the October 15, 1997 Remittance Date.
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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.
THE MONEY STORE INC.
THE MONEY STORE INVESTMENT CORPORATION
THE MONEY STORE COMMERCIAL MORTGAGE INC.
THE MONEY STORE OF NEW YORK INC.
By: \S\ Harry Puglisi
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Name: Harry Puglisi
Title: Treasurer
Dated: October 31, 1997
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SERVICER'S CERTIFICATE
IN ACCORDANCE WITH SECTION 6.09 OF THE POOLING AND SERVICING AGREEMENT DATED AS
OF AUGUST 31, 1997, THE MONEY STORE INVESTMENT CORPORATION REPORTS THE
FOLLOWING INFORMATION PERTAINING TO SERIES 1997-1 FOR THE OCTOBER 09, 1997
DETERMINATION DATE SERIES 1997-1
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<S> <C>
1. AVAILABLE FUNDS $2,486,815.19
2. (A) ORIGINAL CLASS A CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 130,200,000.00
(B) ORIGINAL CLASS B CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 9,800,000.00
(C) ORIGINAL POOL PRINCIPAL BALANCE
AS REPORTED IN THE PRIOR MONTH 124,075,084.21
3. PRINCIPAL PREPAYMENTS RECEIVED DURING
DUE PERIOD
(A) NUMBER OF ACCOUNTS 0
(B) DOLLARS 0.00
4. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY CURTAILMENTS RECEIVED DURING THE DUE PERIOD 48,266.11
5. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL EXCESS AND MONTHLY PAYMENTS IN RESPECT OF
PRINCIPAL RECEIVED DURING THE DUE PERIOD 292,030.69
6. AGGREGATE AMOUNT OF INTEREST RECEIVED NET OF THE FTA's
FEE, PREMIUM PROTECTION FEE, ADDITIONAL FEE AND PORTION
PAYABLE TO REGISTERED HOLDERS 1,872,313.38
7. (A) AMOUNT OF MONTHLY ADVANCE 0.00
(B) AMOUNT OF COMPENSATING INTEREST 2,535.96
8. DELINQUENCY AND FORECLOSURE INFORMATION
(SEE EXHIBIT K)
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<S> <C> <C>
9. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED BY
REALIZED LOSSES ON A LIQUIDATED LOAN 0.00
10. (A) CLASS A INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 678,125.10
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS A INTEREST DISTRIBUTION AMOUNT
ADJUSTMENT (955.96)
ADJUSTED CLASS A INTEREST DISTRIBUTION AMOUNT 677,169.14
5.20099186
(B) CLASS B INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 54,961.80
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS B INTEREST DISTRIBUTION AMOUNT
ADJUSTMENT (77.60)
ADJUSTED CLASS B INTEREST DISTRIBUTION AMOUNT 54,884.20
5.60042857
(C) CLASS A PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 316,476.02
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 0.00
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR
UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT (132,531.99)
TOTAL CLASS A PRINCIPAL DISTRIBUTION AMOUNT 183,944.03
1.41278057
(D) CLASS B PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 23,820.78
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 0.00
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR
UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT (9,975.53)
TOTAL CLASS B PRINCIPAL DISTRIBUTION AMOUNT 13,845.25
1.41278061
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<S> <C>
11. (A) AMOUNT AVAILABLE IN THE SPREAD ACCOUNT
IN CASH AND FROM LIQUIDATION OF
PERMITTED INSTRUMENTS 620,375.42
(B) TRANSFER FROM SPREAD ACCOUNT TO CERTIFICATE
ACCOUNT PURSUANT TO SECTION 6.02(b)(i) 0.00
12. (A) AGGREGATE CLASS A CERTIFICATE PRINCIPAL
BALANCE AFTER DISTRIBUTIONS TO BE MADE
ON THE REMITTANCE DATE 130,016,055.97
998.58721943
(B) AGGREGATE CLASS B CERTIFICATE PRINCIPAL
BALANCE AFTER DISTRIBUTIONS TO BE MADE
ON THE REMITTANCE DATE 9,786,154.75
998.58721939
(C) POOL PRINCIPAL BALANCE AFTER DISTRIBUTIONS
TO BE MADE ON THE REMITTANCE DATE 123,877,294.93
884.83782093
13. (A) EXCESS SPREAD 760,104.15
(B) EXTRA INTEREST 396,668.10
(C) SPREAD ACCOUNT BALANCE 620,375.42
(D) SPECIFIED SPREAD ACCOUNT REQUIREMENT 4,335,705.32
14. (A) WEIGHTED AVERAGE MATURITY 223.615
(B) WEIGHTED AVERAGE SBA LOAN INTEREST RATE 10.569%
15. (A) SERVICING FEE FOR THE RELATED DUE PERIOD 139,080.00
(B) PREMIUM PROTECTION FEE FOR THE RELATED
DUE PERIOD 147,971.08
(C) AMOUNTS TO BE DEPOSITED TO THE EXPENSE
ACCOUNT 6,203.75
16. AMOUNT OF REIMBURSEMENTS PURSUANT TO:
(A) SECTION 5.04 (b) 0.00
(B) SECTION 5.04 (c) 0.00
(C) SECTION 5.04 (d)(ii) 0.00
(D) SECTION 5.04 (e) 0.00
(E) SECTION 5.04 (f) 0.00
17. (A) CLASS A REMITTANCE RATE 6.250%
(B) CLASS B REMITTANCE RATE 6.730%
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<S> <C>
18. (A) AGGREGATE PRINCIPAL BALANCE OF THE SUBSEQUENT MORTGAGE
LOANS PURCHASED DURING THE PRIOR DUE PERIOD 0.00
(B) AMOUNT ON DEPOSIT IN THE PRE-FUNDING ACCOUNT AS OF THE END OF
SUCH DUE PERIOD 15,924,915.79
19. OTHER INFORMATION AS REQUESTED
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I, Harry Puglisi, Treasurer, represent that The Money Store Investment
Corporation complied with section 6.09 of the Pooling and Servicing Agreement
dated August 31, 1997 pertaining to Series 1997 - 1 in preparing the
accompanying Servicer's Certificate.
THE MONEY STORE INVESTMENT CORPORATION
By: /s/ Harry Puglisi
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HARRY PUGLISI
TREASURER
