UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class AAA_1--Price/Yield
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $187,400,000.00 Settle at Pricing
Coupon 7.137 Original Balance $187,400,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $187,400,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -------------------------------------
Type SEN FIX -----------------------------------------
-----------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.12421 7.23207 7.28024 7.36554 7.52575 7.80904
100-09 7.11715 7.22450 7.27245 7.35736 7.51678 7.79855
100-10 7.11009 7.21694 7.26467 7.34917 7.50781 7.78806
100-11 7.10304 7.20938 7.25689 7.34100 7.49885 7.77758
100-12 7.09599 7.20182 7.24911 7.33282 7.48989 7.76710
100-13 7.08894 7.19426 7.24134 7.32465 7.48093 7.75663
100-14 7.08190 7.18671 7.23357 7.31648 7.47198 7.74616
100-15 7.07486 7.17916 7.22580 7.30832 7.46303 7.73570
100-16 7.06782 7.17161 7.21804 7.30016 7.45409 7.72524
100-17 7.06079 7.16407 7.21028 7.29200 7.44515 7.71479
100-18 7.05376 7.15653 7.20252 7.28385 7.43621 7.70434
100-19 7.04673 7.14900 7.19477 7.27570 7.42728 7.69390
100-20 7.03970 7.14147 7.18702 7.26756 7.41835 7.68346
100-21 7.03268 7.13394 7.17928 7.25942 7.40942 7.67302
100-22 7.02566 7.12641 7.17153 7.25128 7.40050 7.66259
100-23 7.01865 7.11889 7.16379 7.24314 7.39159 7.65217
100-24 7.01164 7.11137 7.15606 7.23501 7.38268 7.64175
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------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 127.49 137.40 141.86 149.06 162.51 186.99
WAL 5.70320 5.23450 5.05760 4.76210 4.27480 3.61680
Mod Durn 4.395 4.099 3.984 3.791 3.458 2.958
Mod Convexity 0.279 0.242 0.228 0.206 0.172 0.133
Principal Window Dec00 to Apr10 Dec00 to Jul09 Dec00 to Jul09 Dec00 to Jul09 Dec00 to Feb09 Dec00 to Sep08
Maturity #mos 113 104 104 104 99 94
Accrued Interest 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class AAA_2--Price/Yield
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ---------------------------------------
Type JUN FIX ------------------------------------------------
------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.28532 7.28534 7.28528 7.28511 7.28476 7.28312
100-09 7.28069 7.28070 7.28063 7.28045 7.28008 7.27836
100-10 7.27606 7.27606 7.27598 7.27579 7.27541 7.27360
100-11 7.27144 7.27142 7.27134 7.27113 7.27074 7.26884
100-12 7.26681 7.26678 7.26669 7.26648 7.26607 7.26409
100-13 7.26219 7.26215 7.26205 7.26183 7.26140 7.25934
100-14 7.25757 7.25751 7.25741 7.25718 7.25673 7.25459
100-15 7.25295 7.25288 7.25277 7.25253 7.25207 7.24984
100-16 7.24833 7.24825 7.24814 7.24789 7.24740 7.24510
100-17 7.24372 7.24362 7.24350 7.24324 7.24274 7.24035
100-18 7.23910 7.23900 7.23887 7.23860 7.23808 7.23561
100-19 7.23449 7.23437 7.23424 7.23396 7.23343 7.23087
100-20 7.22988 7.22975 7.22961 7.22932 7.22877 7.22613
100-21 7.22527 7.22513 7.22498 7.22468 7.22412 7.22139
100-22 7.22067 7.22051 7.22036 7.22005 7.21947 7.21666
100-23 7.21606 7.21589 7.21573 7.21542 7.21482 7.21193
100-24 7.21146 7.21128 7.21111 7.21079 7.21017 7.20720
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 149.45 149.40 149.37 149.32 149.22 148.75
WAL 9.61250 9.57470 9.55650 9.52840 9.48060 9.24490
Mod Durn 6.698 6.680 6.671 6.657 6.633 6.517
Mod Convexity 0.583 0.579 0.578 0.575 0.571 0.549
Principal Window Apr10 to Sep10 Jul09 to Sep10 Jul09 to Sep10 Jul09 to Sep10 Feb09 to Aug10 Sep08 to Jun10
Maturity #mos 118 118 118 118 117 115
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class AA--Price/Yield
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------
CUSIP Face $55,713,000.00 Settle at Pricing
Coupon 7.388 Original Balance $55,713,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $55,713,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 --------------------------------------
Type JUN FIX CAP ---------------------------------------
------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.42321 7.42321 7.42321 7.42321 7.42315 7.42224
100-09 7.41861 7.41861 7.41861 7.41861 7.41855 7.41758
100-10 7.41402 7.41402 7.41402 7.41402 7.41395 7.41293
100-11 7.40942 7.40942 7.40942 7.40942 7.40935 7.40828
100-12 7.40483 7.40483 7.40483 7.40483 7.40475 7.40363
100-13 7.40023 7.40023 7.40023 7.40023 7.40016 7.39898
100-14 7.39564 7.39564 7.39564 7.39564 7.39557 7.39433
100-15 7.39106 7.39106 7.39106 7.39106 7.39098 7.38969
100-16 7.38647 7.38647 7.38647 7.38647 7.38639 7.38505
100-17 7.38189 7.38189 7.38189 7.38189 7.38180 7.38041
100-18 7.37730 7.37730 7.37730 7.37730 7.37721 7.37577
100-19 7.37272 7.37272 7.37272 7.37272 7.37263 7.37113
100-20 7.36814 7.36814 7.36814 7.36814 7.36805 7.36650
100-21 7.36357 7.36357 7.36357 7.36357 7.36347 7.36186
100-22 7.35899 7.35899 7.35899 7.35899 7.35889 7.35723
100-23 7.35442 7.35442 7.35442 7.35442 7.35431 7.35260
100-24 7.34985 7.34985 7.34985 7.34985 7.34974 7.34797
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 163.44 163.44 163.44 163.44 163.42 163.13
WAL 9.79440 9.79440 9.79440 9.79440 9.78400 9.62190
Mod Durn 6.743 6.743 6.743 6.743 6.738 6.661
Mod Convexity 0.594 0.594 0.594 0.594 0.593 0.578
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Aug10 to Sep10 Jun10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 320,139.28 320,139.28 320,139.28 320,139.28 320,139.28 320,139.28
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class A--Price/Yield
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $42,855,000.00 Settle at Pricing
Coupon 7.506 Original Balance $42,855,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $42,855,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ------------------------------------
Type JUN FIX CAP --------------------------------------
----------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
100-08 7.54379 7.54379 7.54379 7.54379 7.54379 7.54285
100-09 7.53917 7.53917 7.53917 7.53917 7.53917 7.53817
100-10 7.53455 7.53455 7.53455 7.53455 7.53455 7.53349
100-11 7.52992 7.52992 7.52992 7.52992 7.52992 7.52882
100-12 7.52531 7.52531 7.52531 7.52531 7.52531 7.52414
100-13 7.52069 7.52069 7.52069 7.52069 7.52069 7.51947
100-14 7.51607 7.51607 7.51607 7.51607 7.51607 7.51480
100-15 7.51146 7.51146 7.51146 7.51146 7.51146 7.51013
100-16 7.50685 7.50685 7.50685 7.50685 7.50685 7.50547
100-17 7.50224 7.50224 7.50224 7.50224 7.50224 7.50080
100-18 7.49763 7.49763 7.49763 7.49763 7.49763 7.49614
100-19 7.49303 7.49303 7.49303 7.49303 7.49303 7.49148
100-20 7.48842 7.48842 7.48842 7.48842 7.48842 7.48682
100-21 7.48382 7.48382 7.48382 7.48382 7.48382 7.48217
100-22 7.47922 7.47922 7.47922 7.47922 7.47922 7.47751
100-23 7.47462 7.47462 7.47462 7.47462 7.47462 7.47286
100-24 7.47002 7.47002 7.47002 7.47002 7.47002 7.46821
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 175.48 175.48 175.48 175.48 175.48 175.17
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.705 6.705 6.705 6.705 6.705 6.627
Mod Convexity 0.589 0.589 0.589 0.589 0.589 0.574
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 250,187.49 250,187.49 250,187.49 250,187.49 250,187.49 250,187.49
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class AM--Price/Yield
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $17,143,000.00 Settle at Pricing
Coupon 7.604 Original Balance $17,143,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $17,143,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -------------------------------------
Type JUN FIX CAP ---------------------------------------
---------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
100-08 7.64397 7.64397 7.64397 7.64397 7.64397 7.64302
100-09 7.63933 7.63933 7.63933 7.63933 7.63933 7.63832
100-10 7.63469 7.63469 7.63469 7.63469 7.63469 7.63362
100-11 7.63004 7.63004 7.63004 7.63004 7.63004 7.62893
100-12 7.62540 7.62540 7.62540 7.62540 7.62540 7.62423
100-13 7.62077 7.62077 7.62077 7.62077 7.62077 7.61954
100-14 7.61613 7.61613 7.61613 7.61613 7.61613 7.61485
100-15 7.61149 7.61149 7.61149 7.61149 7.61149 7.61016
100-16 7.60686 7.60686 7.60686 7.60686 7.60686 7.60547
100-17 7.60223 7.60223 7.60223 7.60223 7.60223 7.60079
100-18 7.59760 7.59760 7.59760 7.59760 7.59760 7.59611
100-19 7.59298 7.59298 7.59298 7.59298 7.59298 7.59143
100-20 7.58835 7.58835 7.58835 7.58835 7.58835 7.58675
100-21 7.58373 7.58373 7.58373 7.58373 7.58373 7.58207
100-22 7.57911 7.57911 7.57911 7.57911 7.57911 7.57739
100-23 7.57449 7.57449 7.57449 7.57449 7.57449 7.57272
100-24 7.56987 7.56987 7.56987 7.56987 7.56987 7.56805
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 185.48 185.48 185.48 185.48 185.48 185.18
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.674 6.674 6.674 6.674 6.674 6.597
Mod Convexity 0.585 0.585 0.585 0.585 0.585 0.570
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 101,387.51 101,387.51 101,387.51 101,387.51 101,387.51 101,387.51
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class BBBP--Price/Yield
--------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $18,571,000.00 Settle at Pricing
Coupon 7.9187 Original Balance $18,571,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $18,571,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -------------------------------------
Type JUN WAC ---------------------------------------
----------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
100-08 8.08225 8.08193 8.08178 8.08148 8.08079 8.07609
100-09 8.07751 8.07719 8.07704 8.07674 8.07605 8.07129
100-10 8.07277 8.07246 8.07230 8.07200 8.07131 8.06650
100-11 8.06804 8.06772 8.06757 8.06727 8.06658 8.06171
100-12 8.06330 8.06299 8.06283 8.06254 8.06184 8.05693
100-13 8.05857 8.05826 8.05810 8.05780 8.05711 8.05214
100-14 8.05384 8.05353 8.05337 8.05308 8.05239 8.04736
100-15 8.04912 8.04880 8.04865 8.04835 8.04766 8.04258
100-16 8.04439 8.04408 8.04392 8.04362 8.04293 8.03780
100-17 8.03967 8.03935 8.03920 8.03890 8.03821 8.03302
100-18 8.03495 8.03463 8.03448 8.03418 8.03349 8.02825
100-19 8.03023 8.02991 8.02976 8.02946 8.02877 8.02348
100-20 8.02551 8.02520 8.02504 8.02474 8.02405 8.01870
100-21 8.02079 8.02048 8.02033 8.02003 8.01934 8.01394
100-22 8.01608 8.01577 8.01561 8.01531 8.01462 8.00917
100-23 8.01137 8.01105 8.01090 8.01060 8.00991 8.00440
100-24 8.00666 8.00634 8.00619 8.00589 8.00520 7.99964
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 229.23 229.20 229.19 229.16 229.09 228.41
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.542 6.542 6.542 6.542 6.542 6.468
Mod Convexity 0.568 0.568 0.568 0.568 0.568 0.554
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 114,379.01 114,379.01 114,379.01 114,379.01 114,379.01 114,379.01
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class BBB--Price/Yield
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $17,142,000.00 Settle at Pricing
Coupon 7.9687 Original Balance $17,142,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $17,142,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 --------------------------------------
Type JUN WAC ----------------------------------------
----------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
100-08 8.13344 8.13313 8.13298 8.13268 8.13199 8.12729
100-09 8.12869 8.12839 8.12823 8.12793 8.12724 8.12249
100-10 8.12395 8.12364 8.12348 8.12318 8.12249 8.11769
100-11 8.11921 8.11889 8.11874 8.11844 8.11775 8.11289
100-12 8.11447 8.11415 8.11399 8.11369 8.11300 8.10809
100-13 8.10973 8.10941 8.10925 8.10895 8.10826 8.10330
100-14 8.10499 8.10467 8.10451 8.10421 8.10352 8.09850
100-15 8.10026 8.09993 8.09977 8.09948 8.09879 8.09371
100-16 8.09553 8.09519 8.09504 8.09474 8.09405 8.08892
100-17 8.09080 8.09046 8.09030 8.09001 8.08932 8.08413
100-18 8.08607 8.08573 8.08557 8.08527 8.08458 8.07935
100-19 8.08134 8.08100 8.08084 8.08054 8.07985 8.07456
100-20 8.07662 8.07627 8.07611 8.07581 8.07513 8.06978
100-21 8.07189 8.07154 8.07139 8.07109 8.07040 8.06500
100-22 8.06717 8.06682 8.06666 8.06636 8.06567 8.06022
100-23 8.06245 8.06209 8.06194 8.06164 8.06095 8.05545
100-24 8.05774 8.05737 8.05722 8.05692 8.05623 8.05067
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 234.36 234.31 234.30 234.27 234.20 233.52
WAL 9.80590 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.532 6.527 6.527 6.527 6.527 6.453
Mod Convexity 0.567 0.566 0.566 0.566 0.566 0.552
Principal Window Sep10 to Oct10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 119 118 118 118 118 116
Accrued Interest 106,244.41 106,244.41 106,244.41 106,244.41 106,244.41 106,244.41
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, Class BBBM--Price/Yield
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $14,285,000.00 Settle at Pricing
Coupon 8.2687 Original Balance $14,285,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $14,285,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ---------------------------------------
Type JUN WAC ---------------------------------------
----------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
99-09 8.59028 8.59017 8.59013 8.59000 8.58963 8.58731
99-10 8.58542 8.58531 8.58527 8.58514 8.58475 8.58240
99-11 8.58057 8.58045 8.58041 8.58027 8.57988 8.57749
99-12 8.57573 8.57560 8.57555 8.57541 8.57501 8.57258
99-13 8.57088 8.57075 8.57070 8.57055 8.57014 8.56767
99-14 8.56604 8.56590 8.56585 8.56569 8.56527 8.56277
99-15 8.56119 8.56106 8.56100 8.56084 8.56040 8.55787
99-16 8.55635 8.55621 8.55615 8.55599 8.55554 8.55296
99-17 8.55152 8.55137 8.55130 8.55114 8.55068 8.54807
99-18 8.54668 8.54653 8.54646 8.54629 8.54582 8.54317
99-19 8.54185 8.54169 8.54162 8.54144 8.54096 8.53827
99-20 8.53702 8.53685 8.53678 8.53659 8.53610 8.53338
99-21 8.53219 8.53202 8.53194 8.53175 8.53125 8.52849
99-22 8.52736 8.52719 8.52711 8.52691 8.52640 8.52360
99-23 8.52253 8.52236 8.52227 8.52207 8.52155 8.51872
99-24 8.51771 8.51753 8.51744 8.51723 8.51670 8.51383
99-25 8.51289 8.51270 8.51261 8.51240 8.51185 8.50895
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 280.03 280.00 279.98 279.95 279.87 279.49
WAL 9.87780 9.86270 9.85210 9.83520 9.80100 9.68690
Mod Durn 6.450 6.443 6.439 6.432 6.418 6.369
Mod Convexity 0.559 0.558 0.557 0.555 0.552 0.543
Principal Window Oct10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Jul10 to Aug10
Maturity #mos 119 119 119 119 119 117
Accrued Interest 91,870.18 91,870.18 91,870.18 91,870.18 91,870.18 91,870.18
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
