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: September 25, 1998
(Date of earliest event reported)
ABN AMRO Mortgage Corporation
(Sponsor)
(Issuer in Respect of Commercial Mortgage Pass-Through
Certificates Series 1998-3)
Exact name of registrant as specified in charter)
Delaware 333-42127-03 363886007
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)
181 West Madison Street Chicago, Illinois 60602
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code
(248) 643-2530
(Former name or former address, if changed since
last report.)
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit No. Description
99.1 Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing
Agreement for the distribution on
December 26, 2000.
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.
LASALLE BANK N.A.
ITS CAPACITY AS AGENT
FOR THE TRUSTEE
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF ABN AMRO Mortgage
Corporation, REGISTRANT
By:
/s/ Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President
Date: December 26, 2000
ABN AMRO
LaSalle Bank N.A.
Administrator:
Christopher Lewis (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159
ABN AMRO Mortgage Corporation
(LaSalle Home Mortgage Corporation, as Servicer)
Multi-Class Mortgage Pass-Through Certificates
Series 1998-3
ABN AMRO Acct: 67-7998-10-6
Statement Date: 12/26/00
Payment Date: 12/26/00
Prior Payment: 11/27/00
Record Date: 11/27/00
WAC: 7.325819%
WAMM: 325
Number Of Pages
Table Of Contents
REMIC Certificate Report 2
Other Related Information 3
Asset Backed Facts Sheets 1
Delinquency Loan Detail
Mortgage Loan Characteristics
Total Pages Included In This Package 7
0 0
Modified Loan Detail Appendix A
Realized Loss Detail Appendix B
LaSalle Web Site www.lnbabs.com
LaSalle Bulletin Board (714) 282-3990
0 0
Bloomberg User Terminal
0 0
Monthly Data File Name: ABN98003_200012
ABN AMRO Acct: 67-7998-10-6
REMIC II
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
Class A-1 53,863,388.00 37,943,919.31 458,636.10
00077BBZ5 1,000.000000000 704.447319764 8.514802299
Class A-2 16,343,000.00 16,343,000.00 0.00
00077BCA9 1,000.000000000 1,000.000000000 0.000000000
Class A-3 31,807,248.00 31,807,248.00 0.00
00077BCB7 1,000.000000000 1,000.000000000 0.000000000
Class A-4 131,221,234.00 70,338,044.75 752,163.19
00077BCC5 1,000.000000000 536.026393030 5.732023447
Class A-5 84,232,214.00 81,437,629.69 1,082,381.18
00077BCD3 1,000.000000000 966.822855802 12.849967116
Class A-6 605,297.00 605,297.00 0.00
00077BCE1 1,000.000000000 1,000.000000000 0.000000000
Class A-X 18,334,272.00 12,769,155.33 0.00
00077BCF8 1,000.000000000 696.463722865 0.000000000
Class A-P 623,756.00 563,865.40 12,235.08
00077BCG6 1,000.000000000 903.983929614 19.615170034
Class M 7,156,103.00 6,990,293.84 6,787.89
00077BCH4 1,000.000000000 976.829685095 0.948545598
Class B-1 2,829,158.00 2,763,605.50 2,683.58
00077BCJ0 1,000.000000000 976.829678654 0.948543701
Class B-2 1,497,789.00 1,463,084.77 1,420.72
00077BCK7 1,000.000000000 976.829693635 0.948544822
Class B-3 998,526.00 975,389.70 947.16
00077BCM3 1,000.000000000 976.829546752 0.948558175
Class B-4 832,105.00 812,824.85 789.29
00077BCN1 1,000.000000000 976.829666929 0.948546157
Class B-5 832,105.00 812,824.85 789.29
00077BCP6 1,000.000000000 976.829666929 0.948546157
Class R-II Compon 100.00 0.00 0.00
00077BCL5 1,000.000000000 0.000000000 0.000000000
TOTAL 332,842,023.00 252,857,027.66 2,318,833.48
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
Class A-1 0.00 0.00 37,485,283.21
00077BBZ5 0.00000000000 0.00000000000 695.932517464
Class A-2 0.00 0.00 16,343,000.00
00077BCA9 0.00000000000 0.00000000000 1,000.0000000
Class A-3 0.00 0.00 31,807,248.00
00077BCB7 0.00000000000 0.00000000000 1,000.0000000
Class A-4 0.00 0.00 69,585,881.56
00077BCC5 0.00000000000 0.00000000000 530.29436958
Class A-5 0.00 0.00 80,355,248.51
00077BCD3 0.00000000000 0.00000000000 953.9728887
Class A-6 0.00 0.00 605,297.00
00077BCE1 0.00000000000 0.00000000000 1,000.0000000
Class A-X 0.00 0.00 12,700,398.73
00077BCF8 0.00000000000 0.00000000000 692.71355444
Class A-P 0.00 0.00 551,630.32
00077BCG6 0.00000000000 0.00000000000 884.36875958
Class M 0.00 0.00 6,983,505.95
00077BCH4 0.00000000000 0.00000000000 975.88113950
Class B-1 0.00 0.00 2,760,921.92
00077BCJ0 0.00000000000 0.00000000000 975.88113495
Class B-2 0.00 0.00 1,461,664.05
00077BCK7 0.00000000000 0.00000000000 975.88114881
Class B-3 0.00 0.00 974,442.54
00077BCM3 0.00000000000 0.00000000000 975.88098858
Class B-4 0.00 0.00 812,035.56
00077BCN1 0.00000000000 0.00000000000 975.88112077
Class B-5 0.00 0.00 812,035.56
00077BCP6 0.00000000000 0.00000000000 975.88112077
Class R-II Compon 0.00 0.00 0.00
00077BCL5 0.00000000000 0.00000000000 0.0000000000
TOTAL 0.00 0.00 250,538,194.18
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
Class A-1 213,434.55 0.00 6.750000000%
00077BBZ5 3.962516246 0.000000000 Fixed
Class A-2 95,334.17 0.00 7.000000000%
00077BCA9 5.833333537 0.000000000 Fixed
Class A-3 178,915.77 0.00 6.750000000%
00077BCB7 5.625000000 0.000000000 Fixed
Class A-4 395,651.50 0.00 6.750000000%
00077BCC5 3.015148448 0.000000000 Fixed
Class A-5 458,086.67 0.00 6.750000000%
00077BCD3 5.438378599 0.000000000 Fixed
Class A-6 0.00 0.00
00077BCE1 0.000000000 0.000000000
Class A-X 71,826.50 0.00 6.750000000%
00077BCF8 3.917608509 0.000000000 Fixed
Class A-P 0.00 0.00
00077BCG6 0.000000000 0.000000000
Class M 39,320.40 0.00 6.750000000%
00077BCH4 5.494666580 0.000000000 Fixed
Class B-1 15,545.28 0.00 6.750000000%
00077BCJ0 5.494666611 0.000000000 Fixed
Class B-2 8,229.85 0.00 6.750000000%
00077BCK7 5.494665804 0.000000000 Fixed
Class B-3 5,486.57 0.00 6.750000000%
00077BCM3 5.494669142 0.000000000 Fixed
Class B-4 4,572.14 0.00 6.750000000%
00077BCN1 5.494667139 0.000000000 Fixed
Class B-5 4,572.14 0.00 6.750000000%
00077BCP6 5.494667139 0.000000000 Fixed
Class R-II Compon 0.00 0.00 6.750000000%
00077BCL5 0.000000000 0.000000000 Fixed
1,490,975.54 0.00 0
Total P&I Payment 3,809,809.02
Notes: (1) N denotes notional balance not included in total. (2) Interest pai
Adjustment minus Deferred Interest equals Accrual. (3) Estimated.
ABN AMRO Acct: 67-7998-10-6
REMIC I
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
REMIC 1 Interests 332,842,023.18 252,857,027.89 2,318,833.48
None 1,000.000000000 759.690815103 6.966768973
Class R-I Compone 0.00 0.00 0.00
00077BCL5 1,000.000000000 0.000000000 0.000000000
TOTAL 332,842,023.18 252,857,027. 2,318,833
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
REMIC 1 Interests 0.00 0.00 250,538,194.41
None 0.000000000 0.000000000 752.724046130
Class R-I Compone 0.00 0.00 0.00
00077BCL5 0.000000000 0.000000000 0.000000000
TOTAL 0.00 0.00 250,538,194.
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
REMIC 1 Interests 1,490,975.54 0.00 7.07581933%
None 4.479529134 0.000000000 7.07731212%
Class R-I Compone 0.00 0.00
00077BCL5 0.000000000 0.000000000
TOTAL 1,490,975.54 0.00 0.00000000%
Total P&I Payment 3,809,809.02
Notes: (1) N denotes notional balance not included in total
(2) Interest paid
Adjustment minus Deferred Interest equals Accrual (3) Estimated.
Other Related Information
Accrued ReimbursemenNet Prior
Certificateof Prior Prepayment Unpaid
Class Interest Losses Int. ShortfallsInterest
Class A-1 213,434.55 0.00 0.00 0.00
Class A-2 95,334.17 0.00 0.00 0.00
Class A-3 178,915.77 0.00 0.00 0.00
Class A-4 395,651.50 0.00 0.00 0.00
Class A-5 458,086.67 0.00 0.00 0.00
Class A-6 0.00 0.00 0.00 0.00
Class A-X 71,826.50 0.00 0.00 0.00
Class A-P 0.00 0.00 0.00 0.00
Class M 39,320.40 0.00 0.00 0.00
Class B-1 15,545.28 0.00 0.00 0.00
Class B-2 8,229.85 0.00 0.00 0.00
Class B-3 5,486.57 0.00 0.00 0.00
Class B-4 4,572.14 0.00 0.00 0.00
Class B-5 4,572.14 0.00 0.00 0.00
Class R-I Compone 0.00 0.00 0.00 0.00
Class R-II Compon 0.00 0.00 0.00 0.00
Total 1,490,975.5 0.00 0.00 0.00
Ending Actual
Unpaid Interest Distribution
Class Interest Loss of Interest
Class A-1 0.00 0.00 213,434.55
Class A-2 0.00 0.00 95,334.17
Class A-3 0.00 0.00 178,915.77
Class A-4 0.00 0.00 395,651.50
Class A-5 0.00 0.00 458,086.67
Class A-6 0.00 0.00 0.00
Class A-X 0.00 0.00 71,826.50
Class A-P 0.00 0.00 0.00
Class M 0.00 0.00 39,320.40
Class B-1 0.00 0.00 15,545.28
Class B-2 0.00 0.00 8,229.85
Class B-3 0.00 0.00 5,486.57
Class B-4 0.00 0.00 4,572.14
Class B-5 0.00 0.00 4,572.14
Class R-I Compone 0.00 0.00 0.00
Class R-II Compon 0.00 0.00 0.00
Total 0.00 0.00 1,490,975.54
Advances
Prior Outstanding
Principal Interest
Made by Servicer 11,261.91 71,600.94
Made By Trustee 0.00 0.00
Made by Fiscal Agent 0.00 0.00
TOTAL 11,261.91 71,600.94
Current Period
Principal Interest
Made by Servicer 2,709.97 18,199.58
Made By Trustee 0.00 0.00
Made by Fiscal Agent 0.00 0.00
TOTAL 2,709.97 18,199.58
Recovered
Principal Interest
Made by Servicer 231.86 1,457.50
Made By Trustee 0.00 0.00
Made by Fiscal Agent 0.00 0.00
TOTAL 231.86 1,457.50
Outstanding
Principal Interest
Made by Servicer 13,740.02 88,343.02
Made By Trustee 0.00 0.00
Made by Fiscal Agent 0.00 0.00
TOTAL 13,740.02 88,343.02
Summary of REO Properties
Principal
# Property Name Date of REO Balance Book Value
1 01/00/00 0.00 0.00
2 01/00/00 0.00 0.00
3 01/00/00 0.00 0.00
4 01/00/00 0.00 0.00
5 01/00/00 0.00 0.00
Date of FinaAmount Aggregate Ot
# Property Name Recovery of Proceeds Rev. Collect
1 01/00/00 0.00 0.00
2 01/00/00 0.00 0.00
3 01/00/00 0.00 0.00
4 01/00/00 0.00 0.00
5 01/00/00 0.00 0.00
Summary of Repurchased, Liquidated or Disposed Loans
Principal
# Property Name Loan Number Balance Book Value
1 0 0.00 0.00
2 0 0.00 0.00
3 0 0.00 0.00
4 0 0.00 0.00
5 0 0.00 0.00
Date of FinaAmount Aggregate Ot
# Property Name Liquidation of Proceeds Rev. Collect
1 01/00/00 0.00 0.00
2 0.00 0.00
3 0.00 0.00
4 0.00 0.00
5 0.00 0.00
Initial Coverage Remaining
Amount Used Amount
Special Hazard Coverage 4,824,150.00 0.004,824,150.00
Bankruptcy Coverage 132,759.00 0.00 132,759.00
Fraud Coverage 0.00 0.00 0.00
Asset-Backed Facts
Delinq 1 Month Delinq 2 Months
Distribution # Balance # Balance
Date
12/26/00 2 479,613 1 386,911
01/00/00 0.25% 0.191% 0.13% 0.154%
11/27/00 1 387,247 0 0
01/00/00 0.12% 0.153% 0.00% 0.000%
10/25/00 1 226,890 1 253,541
01/00/00 0.12% 0.089% 0.12% 0.100%
09/25/00 1 253,754 0 0
01/00/00 0.12% 0.099% 0.00% 0.000%
08/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
07/25/00 0 0 2 703,620
01/00/00 0.00% 0.000% 0.24% 0.271%
06/26/00 3 782,600 2 734,212
01/00/00 0.36% 0.299% 0.24% 0.281%
05/25/00 4 1,263,615 0 0
01/00/00 0.48% 0.481% 0.00% 0.000%
04/25/00 0 0 1 235,920
01/00/00 0.00% 0.000% 0.12% 0.090%
03/27/00 0 0 2 464,393
01/00/00 0.00% 0.000% 0.24% 0.175%
02/25/00 2 693,239 4 1,041,736
01/00/00 0.24% 0.260% 0.48% 0.391%
01/25/00 3 945,066 4 1,227,750
01/00/00 0.36% 0.353% 0.47% 0.459%
12/27/99 23 6,963,297 2 623,175
01/00/00 2.70% 2.570% 0.23% 0.230%
11/26/99 4 1,252,582 0 0
01/00/00 0.47% 0.461% 0.00% 0.000%
10/25/99 3 1,200,143 1 281,366
01/00/00 0.35% 0.435% 0.12% 0.102%
09/27/99 1 281,603 2 802,768
01/00/00 0.12% 0.102% 0.23% 0.290%
01/00/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
Asset_Backed Fact
Delinq 3+ Months Foreclosure/Bankruptcy
Distribution # Balance # Balance
Date
12/26/00 0 0 1 390,238
01/00/00 0.00% 0.000% 0.13% 0.156%
11/27/00 0 0 1 390,594
01/00/00 0.00% 0.000% 0.12% 0.154%
10/25/00 1 277,880 1 390,947
01/00/00 0.12% 0.109% 0.12% 0.154%
09/25/00 1 278,139 1 391,298
01/00/00 0.12% 0.109% 0.12% 0.153%
08/25/00 2 732,887 1 391,647
01/00/00 0.24% 0.284% 0.12% 0.152%
07/25/00 1 278,652 1 391,994
01/00/00 0.12% 0.107% 0.12% 0.151%
06/26/00 0 0 1 392,339
01/00/00 0.00% 0.000% 0.12% 0.150%
05/25/00 1 235,712 1 392,682
01/00/00 0.12% 0.090% 0.12% 0.150%
04/25/00 1 228,083 1 393,022
01/00/00 0.12% 0.087% 0.12% 0.149%
03/27/00 1 527,249 1 393,360
01/00/00 0.12% 0.199% 0.12% 0.148%
02/25/00 2 674,097 0 0
01/00/00 0.24% 0.253% 0.00% 0.000%
01/25/00 2 674,675 0 0
01/00/00 0.24% 0.252% 0.00% 0.000%
12/27/99 1 280,886 0 0
01/00/00 0.12% 0.104% 0.00% 0.000%
11/26/99 1 281,126 0 0
01/00/00 0.12% 0.103% 0.00% 0.000%
10/25/99 1 249,971 0 0
01/00/00 0.12% 0.091% 0.00% 0.000%
09/27/99 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
Asset_Backed Fact
Distribution REO Modifications
Date # Balance # Balance
12/26/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
11/27/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
10/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
09/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
08/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
07/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
06/26/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
05/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
04/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
03/27/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
02/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
01/25/00 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
12/27/99 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
11/26/99 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
10/25/99 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
09/27/99 0 0 0 0
01/00/00 0.00% 0.000% 0.00% 0.000%
Effective with the September 1998 Distribution Foreclosure and REO
included in the delinquency aging categories.
Modified Loan Detail
Disclosure Modification Modification
Control # Date Description
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
Realized Loss Detail
Dist. Disclosure Appraisal Appraisal
Date Control # Date Value
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
0 0 01/00/00 0.00
Current Total 0.00 0.00 0.00
Cumulative 0.00 0.00 0.00
Beginning Gross Proceeds
Disclosure Scheduled Gross as a % of
Control # Balance Proceeds Sched Principal
0 0.00 0
0 0.00 0
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
0 0.00 0 0.00
Current Total 0.00 0.00 0.00
Cumulative 0.00 0.00 0.00
Aggregate Net Net Proceeds
Disclosure LiquidationLiquidation as a % of Realized
Control # Expenses * Proceeds Sched. Balance Loss
0 0.00
0 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
Current Total 0.00 0.00 0.00 0.00
Cumulative 0.00 0.00 0.00 0.00
* Aggregate liquidation expenses also include outstanding P&I
servicing fees and unpaid trustee fees, etc.
_