EXHIBIT 20.2
<PAGE>
REVISED 8/28/00 ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 1
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWINGINFORMATION PERTAINING TO SERIES 2000-2
GROUP 1 FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
--------------------------------------------------------------------------------
1 Total Actual Principal Collections 1,585,111.06
2 Total Permanent Buydown Companion Payments 18,598.59
3 Total Actual Interest Collections 1,530,361.58
4 Less Service Fees Service Fees Previously Remitted 87,117.95
5 Additional Proceeds 0.00
--------------------
6 Total Collections: 3,046,953.28
7 Pre-Funding Account Transfer 0.00
8 Interest Coverage Account Transfer 207,299.21
9 Deferred Interest Coverage Account Transfer 125,428.53
--------------------
10 Aggregate Amount Received: 3,379,681.02
Monthly Advances
11 Monthly Advance 666,360.04
12 Compensating Interest 4,357.68
13 Amounts Held for Future Distributions 0.00
14 Cap Contract Payment Amount 0.00
15 Cross Collateral Deposit 0.00
16 Reserve Withdrawal per Sec. 6.14c 0.00
--------------------
17 Available Remittance Amount: 4,050,398.74
18 Service Fees 18,842.05
19 Trustee Expense Deposit @ 0.012 bp: 2,670.92
--------------------
Adjusted Remittance Amount: 4,028,885.77
Remaining Amount Available:
20 Adjusted Remittance Amount 4,028,885.77
21 Insured Payments 0.00
22 Monthly Premium @ .015 bp
due Certificate Insurer 41,620.00
23 Cross Collateral Withdrawal 0.00
24 Class Remittance Amounts 3,987,265.77
25 Non-Recoverable Advances not
Previously Reimbursed 0.00
--------------------
Total Remaining Amount Available: 0.00
====================
Amount of Reimbursements Pursuant to Sec. 5.04
26 Servicing Fee 0.00
27 Monthly Advances and Servicer Advances 0.00
28 Other Mortgage Payments 0.00
29 Interest Earned on P&I Deposits 0.00
30 Additional Servicing Compensation 0.00
--------------------------------------------------------------------------------
Page 1 of 4
<PAGE>
REVISED 8/28/00 ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 1
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWINGINFORMATION PERTAINING TO SERIES 2000-2
GROUP 1 FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
TOTAL CLASS 1A EQUITY CERTIFICATE
----- -------- ------------------
<S> <C> <C> <C> <C>
31 Loans Outstanding - BOM 3678
32 Original Loan Balance 231,198,596.95 231,198,596.95
33 Pre-Funding Account Balance 35,893,316.52 35,893,316.52
34 Initial Overcollateralization 2,638,207.51 2,638,207.51
35 Realized Losses, LTD 0.00 0.00
36 Carryforward Amount 0.00 0.00
-----------------------------------------
37 Total Class Note Principal Balance 264,453,705.96 264,453,705.96
38 Group Factor per Loan Balance 86.9167658% 86.9167658%
39 Group Factor per Class Note Balance 99.4186865% 99.4186865%
40 Excess Spread 0.00 0.00
41 Cross Collateral Withdrawal 0.00 0.00
42 Cross Collateral Deposit 0.00 0.00
43 Additional Principal due Note A 805,809.30 805,809.30
44 Interest Remittance @ Pass-Through Rates 1,596,345.41 1,596,345.41
PRINCIPAL ADDITIONS:
--------------------
45 Number of loans 584 584
46 Transfers from Pre-Funding Account 35,552,574.97 35,552,574.97 0.00
PRINCIPAL REDUCTIONS:
--------------------
47 Prepayments - Number 15 15
48 Prepayments - Dollar 1,297,379.60 1,297,379.60
49 Delinquent Loans Repurchased - Number 0 0.00
50 Delinquent Loans Repurchased - Dollar 0.00 0.00
51 Net Liquidation Proceeds 0.00 0.00
52 Curtailments 44,432.06 44,432.06
53 Normal and Excess Payments 243,299.40 243,299.40
54 Pre-Funding Account Transfer 0.00 0.00
---------------------------------------------------------------------------
55 Total Principal Remittance 1,585,111.06 1,585,111.06
56 Additional Principal Reduction 805,809.30 805,809.30
---------------------------------------------------------------------------
57 Total Remittance 3,987,265.77 3,987,265.77 0.00
===========================================================================
58 Current Month Realized Loss - Number 0 0
59 Current Month Realized Loss - Dollar 0.00 0.00
60 LTD Realized Loss - Number 0
61 LTD Realized Loss - Dollar 0.00
62 Cumulative Loss Percentage 0.00%
63 Cumulative Realized Losses for Prior 12 Months 0.00
CLASS NOTE PRINCIPAL BALANCE - EOM
----------------------------------
64 Loans Outstanding - EOM 4247
65 Closing Loan Balance 265,166,060.86 265,166,060.86
66 Pre-Funding Account Balance 340,741.55 340,741.55
67 Additional Principal Reduction, LTD 3,444,016.81 3,444,016.81
68 Realized losses, LTD 0.00 0.00
---------------------------------------------------------------------------
69 Total Class Note Principal Balance 262,062,785.60 262,062,785.60
70 Group Factor per Loan Balance 99.6864890% 99.6864890%
71 Group Factor per Class Note Balance 98.5198442% 98.5198442%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 2 of 4
<PAGE>
REVISED 8/28/00 ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 1
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWINGINFORMATION PERTAINING TO SERIES 2000-2
GROUP 1 FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Aggregate Unpaid Principal Balance of Delinquent
72 Loans Repurchased per Sec. 5.11 0.00 0.00
73 Permanent Buydown Companion Loan Balance 1,190,998.79 1,190,998.79
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
TOTAL CLASS A-1
----- ---------
<S> <C> <C> <C> <C>
74 Weighted Note Rate - THIS Remittance 11.47821 %
75 Weighted Note Rate - NEXT Remittance 11.47821 %
76 Related Remittance Period for Libor Rate 25-Jul-00 thru 24-Aug-00
77 Days in Related Period 31
78 Pass-Through Rates 7.01000%
79 Weighted Average Remaining Term 259.01
80 Original Pool - Principal Balance 161,461,730.42 161,461,730.42
81 Original Pool - Pre-Funding Account 106,143,903.40 106,143,903.40
82 Original Pool - Additional Principal Reduction 1,605,633.82 1,605,633.82
---------------------------------------
83 Original Pool Total 266,000,000.00 266,000,000.00
84 Original Pool - Number of Loans 2544
-----------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
CLASS A OVERCOLLATERALIZATION RECONCILIATION
-------------------------------------------- Beg.of Month Current Month End of Month
--------------------------------------------------------
<S> <C> <C> <C> <C>
85 Additional Principal Reduction, LTD 2,638,207.51 805,809.30 3,444,016.81
86 Cross Collateral Deposits 0.00 0.00 0.00
87 Realized Losses, LTD 0.00 0.00 0.00
--------------------------------------------------------
88 Overcollateralization of Principal 2,638,207.51 805,809.30 3,444,016.81
========================================================
89 Base Overcollateralization Required 17,795,774.65
90 Required Overcollateralization Amount 17,795,774.65
91 Unrecover Class A Portion: 0.00
AGGREGATE OVERCOLLATERALIZATION RECONCILIATION
----------------------------------------------
Beg.of Month Current Month End of Month
--------------------------------------------------------
92 Class 1A Overcollateralization of Principal 2,638,207.51 805,809.30 3,444,016.81
93 Class 2A Overcollateralization of Principal 6,032,342.47 806,258.09 6,838,600.56
--------------------------------------------------------
94 Overcollateralization of Principal 8,670,549.99 1,612,067.38 10,282,617.37
========================================================
95 Base Aggregate Overcollateralization Required 42,732,161.42
96 Required Aggregate Overcollateralization Amount 42,732,161.42
CURRENT MONTH SUBORDINATED AMOUNT
--------------------------------- Beg.of Month Current Month End of Month
--------------------------------------------------------
97 Original Subordinated Amount 107,755,617.68 N/A 107,755,617.68
98 Less: Cumulative Realized Losses 0.00 0.00 0.00
99 Plus: Cumulative Additional Proceeds 0.00 0.00 0.00
--------------------------------------------------------
100 Current Subordinated Amount 107,755,617.68 107,755,617.68
========================================================
<CAPTION>
NONRECOVERABLE ADVANCE RECONCILIATION
-------------------------------------
<S> <C> <C>
101 Beginning of Month 0.00
102 Current Month Unpaid Nonrecoverable Advance 0.00
103 Less: Current Month Reimbursement 0.00
-------------------
104 End of Month 0.00
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 2 of 4
<PAGE>
REVISED 8/28/00 ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 1
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWINGINFORMATION PERTAINING TO SERIES 2000-2
GROUP 1 FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
105 Sum of Outstanding Principal Balances of 3 Largest Loans 2,664,359.94
106 Delinquency Amount 0.00
107 Delinquency Percentage 0.00%
108 Rolling Delinquency Percentage 0.00%
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
CLASS
TOTAL A1
---------------------------------------
<S> <C> <C> <C>
109 Total Class Note Principal - Original Pool $266,000,000.00 $266,000,000.00
110 Interest Remittance Amount 1,596,345.41 1,596,345.41
111 Interest Rate Factor / 1000 6.001299 6.001299
112 Total Principal Collections 1,585,111.06 1,585,111.06
113 Prefunding Account Transfer 0.00 0.00
114 Additional Principal Reduction 805,809.30 805,809.30
---------------------------------------
115 Principal Remittance Amount 2,390,920.36 2,390,920.36
116 Principal Payment Factor/1000 8.988422 8.988422
117 Principal Factor 985.198443 985.198443
118 Prior Month Principal Factor 994.186865 994.186865
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 4 of 4
<PAGE>
ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 2
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWING
INFORMATION PERTAINING TO SERIES 2000-2 GROUP 2
FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
--------------------------------------------------------------------------------
1 Total Actual Principal Collections 1,272,858.74
2 Total Actual Interest Collections 1,441,453.93
3 Less Service Fees Service Fees Previously Remitted 83,945.88
4 Additional Proceeds
--------------------
5 Total Collections: 2,630,366.79
6 Pre-Funding Account Transfer 0.00
7 Interest Coverage Account Transfer 369,079.72
8 Deferred Interest Coverage Account Transfer 76,050.96
--------------------
9 Aggregate Amount Received: 3,075,497.47
Monthly Advances
10 Monthly Advance 722,585.34
11 Compensating Interest 7,027.39
12 Amounts Held for Future Distributions 0.00
13 Cap Contract Payment Amount 0.00
14 Cross Collateral Deposit 0.00
15 Reserve Withdrawal per Sec. 6.14c 0.00
--------------------
16 Available Remittance Amount: 3,805,110.20
17 Service Fees 25,868.93
18 Trustee Expense Deposit @ 0.012 bp: 2,835.26
--------------------
19 Adjusted Remittance Amount: 3,776,406.01
Remaining Amount Available:
20 Adjusted Remittance Amount 3,776,406.01
21 Insured Payments 0.00
22 Monthly Premium @ .015 bp
due Certificate Insurer 3,644.00
23 Cross Collateral Withdrawal 0.00
24 Class Remittance Amounts 3,772,762.01
25 Non-Recoverable Advances not
Previously Reimbursed 0.00
--------------------
Total Remaining Amount Available: 0.00
====================
Amount of Reimbursements Pursuant to Sec. 5.04
26 Servicing Fee 0.00
27 Monthly Advances and Servicer Advances 0.00
28 Other Mortgage Payments 0.00
29 Interest Earned on P&I Deposits 0.00
30 Additional Servicing Compensation 0.00
--------------------------------------------------------------------------------
Page 1 of 4
<PAGE>
ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 2
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWING
INFORMATION PERTAINING TO SERIES 2000-2 GROUP 2
FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
TOTAL CLASS 1A EQUITY CERTIFICATE
----- -------- ------------------
<S> <C> <C> <C> <C>
31 Loans Outstanding - BOM 2603
32 Original Loan Balance 229,522,365.77 229,522,365.77
33 Pre-Funding Account Balance 54,003,854.02 54,003,854.02
34 Beginning Overcollateralization 6,072,768.47 6,072,768.47
35 Realized Losses, LTD 0.00 0.00
36 Carryforward Amount 0.00 0.00
---------------------------------------------------
37 Total Class Note Principal Balance 277,453,451.32 277,453,451.32
38 Group Factor per Loan Balance 81.9722735% 81.9722735%
39 Group Factor per Class Note Balance 99.0905183% 99.0905183%
40 Excess Spread 0.00 0.00
41 Cross Collateral Withdrawal 0.00 0.00
42 Cross Collateral Deposit 0.00 0.00
43 Additional Principal due Note A 846,588.98 846,588.98
44 Interest Remittance @ Pass-Through Rates 1,653,314.29 36,013,317.11
PRINCIPAL ADDITIONS:
45 Number of loans 367 367
46 Transfers from Pre-Funding Account 36,013,317.11 36,013,317.11
PRINCIPAL REDUCTIONS:
47 Prepayments - Number 13 13
48 Prepayments - Dollar 1,179,615.32 1,179,615.32
49 Delinquent Loans Repurchased - Number 0 0
50 Delinquent Loans Repurchased - Dollar 0.00 0.00
51 Net Liquidation Proceeds 0.00 0.00
52 Curtailments 3,378.16 3,378.16
53 Normal and Excess Payments 89,865.26 89,865.26
54 Pre-Funding Account Transfer 0.00 0.00
---------------------------------------------------------------------------
55 Total Principal Remittance 1,272,858.74 1,272,858.74
56 Additional Principal Reduction 846,588.98 846,588.98
---------------------------------------------------------------------------
57 Total Remittance 3,772,762.01 3,772,762.01
===========================================================================
58 Current Month Realized Loss - Number 0 0
59 Current Month Realized Loss - Dollar 0.00 0.00
60 LTD Realized Loss - Number 0
61 LTD Realized Loss - Dollar 0.00
62 Cumulative Loss Percentage 0.00%
63 Cumulative Realized Losses for Prior 12 Months 0.00
CLASS NOTE PRINCIPAL BALANCE - EOM
64 Loans Outstanding - EOM 2957
65 Closing Loan Balance 264,262,824.14 264,262,824.14
66 Pre-Funding Account Balance 17,990,536.91 17,990,536.91
67 Additional Principal Reduction, LTD 6,919,357.46 6,919,357.46
68 Realized losses, LTD 0.00 0.00
---------------------------------------------------------------------------
69 Total Class Note Principal Balance 273,334,003.59 275,334,003.59
70 Group Factor per Loan Balance 94.3795801% 94.3795801%
71 Group Factor per Class Note Balance 98.3335727% 98.3335727%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 2 of 4
<PAGE>
ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 2
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWING
INFORMATION PERTAINING TO SERIES 2000-2 GROUP 2
FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
72 Aggregate Unpaid Principal Balance of Delinquent
Loans Repurchased per Sec. 5.11 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
TOTAL CLASS A-1
----- ---------
<S> <C> <C> <C> <C>
73 Weighted Note Rate - THIS Remittance 11.18465 %
74 Weighted Note Rate - NEXT Remittance 11.18465 %
75 Related Remittance Period for Libor Rate 25-Jul-00 thru 24-Aug-00
76 Days in Related Period 31
77 Pass-Through Rates 6.92000%
78 Weighted Average Remaining Term 355.29
79 Original Pool - Principal Balance 173,199,179.86 173,199,179.86
80 Original Pool - Pre-Funding Account 111,788,097.49 111,788,097.49
81 Original Pool - Additional Principal Reduction 4,987,277.35 4,987,277.35
---------------------------------------
82 Original Pool Total 280,000,000.00 280,000,000.00
83 Original Pool - Number of Loans 1940
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
CLASS A OVERCOLLATERALIZATION RECONCILIATION
---------------------------------------------
Beg.of Month Current Month End of Month
--------------------------------------------------------
<S> <C> <C> <C> <C>
84 Additional Principal Reduction, LTD 6,072,768.47 846,588.98 6,919,357.46
85 Cross Collateral Deposits 0.00 0.00 0.00
86 Realized Losses, LTD 0.00 0.00 0.00
--------------------------------------------------------
87 Overcollateralization of Principal 6,072,768.47 846,588.98 6,919,357.46
========================================================
88 Base Overcollateralization Required 24,936,386.77
89 Required Overcollateralization Amount 24,936,386.77
AGGREGATE OVERCOLLATERALIZATION RECONCILIATION
----------------------------------------------
Beg.of Month Current Month End of Month
--------------------------------------------------------
90 Class 1A Overcollateralization of Principal 2,676,738.51 844,193.88 3,520,932.39
91 Class 2A Overcollateralization of Principal 6,072,768.47 846,588.98 6,919,357.46
--------------------------------------------------------
92 Overcollateralization of Principal 8,749,506.99 1,690,782.86 10,440,289.85
========================================================
93 Base Aggregate Overcollateralization Required 42,732,161.42
94 Required Aggregate Overcollateralization Amount 42,732,161.42
CURRENT MONTH SUBORDINATED AMOUNT Beg.of Month Current Month End of Month
--------------------------------- --------------------------------------------------------
95 Original Subordinated Amount 107,755,617.68 N/A 107,755,617.68
96 Less: Cumulative Realized Losses 0.00 0.00 0.00
97 Plus: Cumulative Additional Proceeds 0.00 0.00 0.00
--------------------------------------------------------
98 Current Subordinated Amount 107,755,617.68 107,755,617.68
========================================================
<CAPTION>
NONRECOVERABLE ADVANCE RECONCILIATION
-------------------------------------
<S> <C> <C>
99 Beginning of Month 0.00
100 Current Month Unpaid Nonrecoverable Advance 0.00
101 Less: Current Month Reimbursement 0.00
-------------------
102 End of Month 0.00
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 3 of 4
<PAGE>
ALLIANCE FUNDING COMPANY
BY SUPERIOR BANK - FSB SERVICING DIVISION
DESIGNATED SERVICER
SERVICER'S CERTIFICATE
AFC MORTGAGE LOAN ASSET BACKED NOTES, SERIES
2000-2 GROUP 2
IN ACCORDANCE WITH SECTION 6.08 OF THE SALE AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2000 SUPERIOR BANK - FSB SERVICING
DIVISION REPORTS THE FOLLOWING
INFORMATION PERTAINING TO SERIES 2000-2 GROUP 2
FOR AUGUST 25, 2000, THE PAYMENT DATE.
DUE PERIOD ENDED: AUGUST 1, 2000
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
103 Sum of Outstanding Principal Balances of 3 Largest Loans 1,726,332.38
104 Delinquency Amount 0.00
105 Delinquency Percentage 0.00%
106 Rolling Delinquency Percentage 0.00%
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
CLASS
TOTAL A1
---------------------------------------
<S> <C> <C> <C>
107 Total Class Note Principal - Original Pool $280,000,000.00 $280,000,000.00
108 Interest Remittance Amount 1,653,314.29 1,653,314.29
109 Interest Rate Factor / 1000 5.904694 5.904694
110 Total Principal Collections 1,272,858.74 1,272,858.74
111 Prefunding Account Transfer 0.00 0.00
112 Additional Principal Reduction 846,588.98 846,588.98
---------------------------------------
113 Principal Remittance Amount 2,119,447.72 2,119,447.72
114 Principal Payment Factor/1000 7.569456 7.569456
115 Principal Factor 983.335727 983.335727
116 Prior Month Principal Factor 990.905183 990.905183
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
page 4 of 4
