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: August 17, 2000
(Date of earliest event reported)
Residential Asset Mortgage Products, Inc.
(Exact name of registrant as specified in its charter)
Delaware 333-91561 41-1955181
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(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification No.)
8400 Normandale Lake Blvd., Suite 600, Minneapolis, Minnesota 55437
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(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code:(612) 832-7000
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits
Exhibit No. Description
25.1 Statement of Eligibility of The Chase Manhattan Bank
on Form T-1 under the Trust Indenture Act of 1939 of
a corporation designated to act as Trustee
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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.
RESIDENTIAL ASSET MORTGAGE
PRODUCTS, INC
By: /s/ Lisa Lundsten
Name: Lisa Lundsten
Title: Vice President
Dated: August 17, 2000
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EXHIBIT INDEX
Exhibit
Number Description
25.1 Statement of Eligibility of The Chase Manhattan Bank on Form T-1
under the Trust Indenture Act of 1939 of a corporation designated to
act as Trustee
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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF
A CORPORATION DESIGNATED TO ACT AS TRUSTEE
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CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF
A TRUSTEE PURSUANT TO SECTION 305(b)(2) ________
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THE CHASE MANHATTAN BANK
(Exact name of trustee as specified in its charter)
New York 13-4994650
(State of incorporation (I.R.S. employer
if not a national bank) identification No.)
270 Park Avenue
New York, New York 10017
(Address of principal executive offices) (Zip Code)
William H. McDavid
General Counsel
270 Park Avenue
New York, New York 10017
Tel: (212) 270-2611
(Name, address and telephone number of agent for service)
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Residential Asset Mortgage Products, Inc.
(Exact name of obligor as specified in its charter)
Delaware 41-1955181
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification No.)
8400 Normandale Lake Boulevard
Minneapolis, MN 55437
(Address of principal executive offices) (Zip Code)
Home Equity Loan-Backed Notes
(Title of the indenture securities)
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GENERAL
Item 1. General Information.
Furnish the following information as to the trustee:
(a) Name and address of each examining or supervising authority to which it is
subject.
New York State Banking Department, Suite 2310, 5 Empire State Plaza, Albany,
New York 12223. Board of Governors of the Federal Reserve System 20th and C
Street NW, Washington, D.C., 20551 Federal Reserve Bank of New York,
District No. 2, 33 Liberty Street, New York, N.Y. 10045.
Federal Deposit Insurance Corporation, 550 Seventeenth Street NW
Washington, D.C., 20429.
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
Item 2. Affiliations with the Obligor.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
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Item 16. List of Exhibits
List below all exhibits filed as a part of this Statement of
Eligibility.
1. A copy of the Articles of Association of the Trustee as now in
effect, including the Organization Certificate and the Certificates of Amendment
dated February 17, 1969, August 31, 1977, December 31, 1980, September 9, 1982,
February 28, 1985, December 2, 1991 and July 10, 1996 (see Exhibit 1 to Form T-1
filed in connection with Registration Statement No. 333-06249, which is
incorporated by reference).
2. A copy of the Certificate of Authority of the Trustee to Commence
Business (see Exhibit 2 to Form T-1 filed in connection with Registration
Statement No. 33-50010, which is incorporated by reference. On July 14, 1996, in
connection with the merger of Chemical Bank and The Chase Manhattan Bank
(National Association), Chemical Bank, the surviving corporation, was renamed
The Chase Manhattan Bank).
3. None, authorization to exercise corporate trust powers being
contained in the documents identified above as Exhibits 1 and 2.
4. A copy of the existing By-Laws of the Trustee (see Exhibit 4 to Form T-1
filed in connection with Registration Statement No. 333-06249, which is
incorporated by reference).
5. Not applicable.
6. The consent of the Trustee required by Section 321(b) of the Act
(see Exhibit 6 to Form T-1 filed in connection with Registration Statement No.
33-50010, which is incorporated by reference. On July 14, 1996, in connection
with the merger of Chemical Bank and The Chase Manhattan Bank (National
Association), Chemical Bank, the surviving corporation, was renamed The Chase
Manhattan Bank).
7. A copy of the latest report of condition of the Trustee, published
pursuant to law or the requirements of its supervising or examining authority.
8. Not applicable.
9. Not applicable.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939 the
Trustee, The Chase Manhattan Bank, a corporation organized and existing under
the laws of the State of New York, has duly caused this statement of eligibility
to be signed on its behalf by the undersigned, thereunto duly authorized, all in
the City of New York and State of New York, on the 17th day of August, 2000.
THE CHASE MANHATTAN BANK
By /S/Mark McDermott
Mark McDermott
Trust Officer
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Exhibit 7 to Form T-1
Bank Call Notice
RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF
The Chase Manhattan Bank
of 270 Park Avenue, New York, New York 10017
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,
at the close of business March 31, 2000, in accordance
with a call made by the Federal Reserve Bank of this District
pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts
ASSETS in Millions
Cash and balances due from depository institutions:
Noninterest-bearing balances and
currency and coin .........................................$.........13,460
Interest-bearing balances ............................................3,696
Securities: ..................................................................
Held to maturity securities.................................................671
Available for sale securities............................................56,085
Federal funds sold and securities purchased under
agreements to resell ................................................31,833
Loans and lease financing receivables:
Loans and leases, net of unearned income $132,562
Less: Allowance for loan and lease losses 2,188
Less: Allocated transfer risk reserve ......... 0
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Loans and leases, net of unearned income,
allowance, and reserve .............................................130,574
Trading Assets ..........................................................50,488
Premises and fixed assets (including capitalized
leases)...............................................................3,391
Other real estate owned .................................................... 32
Investments in unconsolidated subsidiaries and
associated companies.................................... ...............231
Customers' liability to this bank on acceptances
outstanding ............................................................630
Intangible assets ............................................. ..........3,891
Other assets .................................................. 17,423
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TOTAL ASSETS ..........................................................$312,205
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LIABILITIES
Deposits
In domestic offices ...............................................$103,709
Noninterest-bearing ..................................... .$41,611
Interest-bearing ......................................... .62,098
In foreign offices, Edge and Agreement
subsidiaries and IBF's ..............................................80,379
Noninterest-bearing ........................................ $ 4,920
Interest-bearing ...................................... ....75,459
Federal funds purchased and securities sold under agree-
ments to repurchase .....................................................54,265
Demand notes issued to the U.S. Treasury ........................ 529
Trading liabilities .....................................................31,970
Other borrowed money (includes mortgage indebtedness
and obligations under capitalized leases):
With a remaining maturity of one year or less ........... ............4,764
With a remaining maturity of more than one year
through three years................................................0
With a remaining maturity of more than three years............. ......99
Bank's liability on acceptances executed and outstanding 630
Subordinated notes and debentures ..................................... 5,430
Other liabilities .......................................................11,663
TOTAL LIABILITIES ......................................................293,438
EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock .............................................................1,211
Surplus (exclude all surplus related to preferred stock)... ............11,066
Undivided profits and capital reserves ................................ ..7,698
Net unrealized holding gains (losses)
on available-for-sale securities ........................................(1,224)
Accumulated net gains (losses) on cash flow hedges............................0
Cumulative foreign currency translation adjustments ......... ...............16
TOTAL EQUITY CAPITAL ....................................................18,767
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TOTAL LIABILITIES AND EQUITY CAPITAL ..................................$312,205
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I, Joseph L. Sclafani, E.V.P. & Controller of the above-named bank, do hereby
declare that this Report of Condition has been prepared in conformance with the
instructions issued by the appropriate Federal regulatory authority and is true
to the best of my knowledge and belief.
JOSEPH L. SCLAFANI
We, the undersigned directors, attest to the correctness of this Report of
Condition and declare that it has been examined by us, and to the best of our
knowledge and belief has been prepared in conformance with the in- structions
issued by the appropriate Federal regulatory authority and is true and correct.
WILLIAM B. HARRISON, JR. )
HAROLD S. HOOK )DIRECTORS
MARINA v.N. WHITMAN )
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