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Prospectus Filed Pursuant to
Rule 424(b)(2) Relating to
Registration Statement
No. 33-97652
SUPPLEMENT
(To Prospectus Supplement dated November 27, 1995
and Prospectus dated November 14, 1995)
$553,496,000 (Approximate)
Merrill Lynch Mortgage Investors, Inc.
(Depositor)
Mortgage Pass-Through Certificates
Series 1995-C3
This is a Supplement to the Prospectus Supplement dated
November 30, 1995 (the "Prospectus Supplement"). Capitalized terms used but not
defined herein shall have the meanings assigned to such terms in the Prospectus
Supplement.
The Prospectus Supplement is hereby amended by deleting, in
its entirety, the last sentence of the third paragraph under the heading
"DESCRIPTION OF THE CERTIFICATES--Allocation of Prepayment Premiums and Yield
Maintenance Charges" therein (page S-51) and replacing such sentence with "After
the Certificate Balance of the Class D Certificates has been reduced to zero,
the holders of the Class IO-2 Certificates will be entitled to receive all
Prepayment Premiums and Yield Maintenance Charges (except as set forth above),
even though the Notional Amount of such Class has been reduced to zero. As a
result, the holders of the Class IO-1 Certificates will not be entitled to
receive any Prepayment Premiums or Yield Maintenance Charges after the Notional
Amount of the Class IO-1 Certificates has been reduced to zero.
Merrill Lynch & Co. First Union Capital Markets Corp.
The date of this Supplement is November 30, 1995
51746
