- -------------------------------------------------------------------------------
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 (Date of earliest event reported) October 15, 1996
SUPERIOR BANK FSB (as depositor under the Pooling and Servicing Agreement, dated
as of September 1, 1996, providing for the issuance of AFC Mortgage Loan Asset
Backed Certificates, Series 1996-3)
Superior Bank FSB
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
United States 333-4492 36-1414142
- ---------------------------- ------------ -----------------------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
One Lincoln Centre
Oakbrook Terrace, Illinois 60181
- ---------------------------------- -------------------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (708) 916-4000
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<PAGE>
-2-
Item 2. Acquisition or Disposition of Assets
Description of the Certificates, Sub-Pool 1 and Sub-Pool 2
On September 25, 1996, a single series of certificates, entitled AFC
Mortgage Loan Asset Backed Certificates, Series 1996-3 (the "Certificates") were
issued pursuant to a pooling and servicing agreement (the "Agreement"), dated as
of September 1, 1996, among Superior Bank FSB, as depositor (the "Depositor"),
Lee Servicing Company, a division of Superior Bank FSB, as servicer (the
"Servicer") and LaSalle National Bank, as trustee (the "Trustee").
On September 27, 1996, following the closing of the initial issuance of the
Certificates, pursuant to the Agreement, the Trustee purchased from the
Depositor Subsequent Mortgage Loans, as defined in the Agreement, with an
aggregate principal balance equal to $25,086,692.04 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $18,663,345.48
with respect to Sub-Pool 2 with funds on deposit in the Sub-Pool 2 Pre-Funding
Account, both established pursuant to the Agreement at a purchase price equal to
the principal balance thereof, which Subsequent Mortgage Loans were conveyed to
the Trustee pursuant to a Subsequent Transfer Instrument, dated September 27,
1996, between the Depositor and the Trustee (the "September 27 Instrument").
Attached to the September 27 Instrument is the Mortgage Loan Schedule with
respect to each Sub-Pool listing the related Subsequent Mortgage Loans that are
the subject of such September 27 Instrument.
On October 15, 1996, following the closing of the initial issuance of the
Certificates, pursuant to the Agreement, the Trustee purchased from the
Depositor Subsequent Mortgage Loans, as defined in the Agreement, with an
aggregate principal balance equal to $22,794,696.94 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $12,531,967.54
with respect to Sub-Pool 2 with funds on deposit in the Sub-Pool 2 Pre-Funding
Account, both established pursuant to the Agreement at a purchase price equal to
the principal balance thereof, which Subsequent Mortgage Loans were conveyed to
the Trustee pursuant to a Subsequent Transfer Instrument, dated October 15,
1996, between the Depositor and the Trustee (the "October 15 Instrument").
Attached to the October 15 Instrument is the Mortgage Loan Schedule with respect
to each Sub-Pool listing the related Subsequent Mortgage Loans that are the
subject of such October 15 Instrument.
On October 22, 1996, following the closing of the initial issuance of the
Certificates, pursuant to the Agreement, the Trustee purchased from the
Depositor Subsequent Mortgage Loans, as defined in the Agreement, with an
aggregate principal balance equal to $10,073,947.16 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $4,141,678.53
with respect to Sub-Pool 2 with funds on deposit in the Sub-Pool 2 Pre-Funding
Account, both established pursuant to the Agreement at a purchase price equal to
the principal balance thereof, which Subsequent Mortgage Loans were conveyed to
the Trustee pursuant to a Subsequent Transfer Instrument, dated October 22,
1996, between the Depositor and the Trustee (the "October 22 Instrument").
Attached to the October 22 Instrument
<PAGE>
-3-
is the Mortgage Loan Schedule with respect to each Sub-Pool listing the related
Subsequent Mortgage Loans that are the subject of such October 22 Instrument.
Items 3 through 6 and Item 8 are not included because they are not
applicable.
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits
4.3 Subsequent Transfer Instrument, dated October 15, 1996, between
Superior Bank FSB as Depositor and LaSalle National Bank as Trustee.
4.4 Subsequent Transfer Instrument, dated October 22, 1996, between
Superior Bank FSB as Depositor and LaSalle National Bank as Trustee.
<PAGE>
-4-
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
SUPERIOR BANK FSB
By: /s/ William C. Bracken
-------------------------------------
Name: William C. Bracken
Title: Senior Vice President
and Chief Financial Officer
Dated: October 15, 1996
<PAGE>
EXHIBITS TABLE
4.3 Subsequent Transfer Instrument, dated October 15, 1996, between
Superior Bank FSB as Depositor and LaSalle National Bank as Trustee.
4.4 Subsequent Transfer Instrument, dated October 22, 1996, between
Superior Bank FSB as Depositor and LaSalle National Bank as Trustee.
SUBSEQUENT TRANSFER INSTRUMENT NUMBER TWO
Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
October 15, 1996, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1996-3, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of September 1, 1996, among Superior
Bank FSB, as Depositor, Lee Servicing Company, a Division of Superior Bank FSB,
as Servicer, and LaSalle National Bank, as Trustee (the "Pooling and Servicing
Agreement"), the Depositor and the Trustee agree to the sale by the Depositor
and the purchase by the Trustee, on behalf of the Trust Fund, of the Mortgage
Loans listed on the attached Schedule of Mortgage Loans (the "Subsequent
Mortgage Loans").
Capitalized terms used and not defined herein have their respective
meanings as set forth in the Pooling and Servicing Agreement.
Section 1. Conveyance of Subsequent Mortgage Loans.
(a) The Depositor does hereby sell, transfer, assign, set over and convey
to the Trustee, on behalf of the Trust Fund, without recourse, all of its right,
title and interest in and to the Subsequent Mortgage Loans, excepting the
Depositor's Yield, and including all amounts due on the Subsequent Mortgage
Loans after the related Subsequent Cut-Off Date, and all items with respect to
the Subsequent Mortgage Loans to be delivered pursuant to Section 2.04 of the
Pooling and Servicing Agreement; provided, however that the Depositor reserves
and retains all right, title and interest in and to amounts (including
Prepayments, Curtailments and Excess Payments) due on the Subsequent Mortgage
Loans on or prior to the related Subsequent Cut-off Date. The Depositor,
contemporaneously with the delivery of this Agreement, has delivered or caused
to be delivered to the Trustee or, if a Custodian has been appointed pursuant to
Section 12.12 of the Pooling and Servicing Agreement, to the Custodian each item
set forth in Section 2.04 of the Pooling and Servicing Agreement. The transfer
to the Trustee by the Depositor of the Subsequent Mortgage Loans identified on
the Mortgage Loan Schedule shall be absolute and is intended by the Depositor,
the Servicer, the Trustee and the Certificateholders to constitute and to be
treated as a sale by the Depositor to the Trust Fund.
(b) The expenses and costs relating to the delivery of the Subsequent
Mortgage Loans, this Instrument and the Pooling and Servicing Agreement shall be
borne by the Depositor.
(c) Additional terms of the sale are set forth on Attachment A hereto.
1
<PAGE>
Section 2. Representations and Warranties; Conditions Precedent.
(a) The Depositor hereby affirms the representations and warranties set
forth in Section 3.02 of the Pooling and Servicing Agreement that relate to the
Subsequent Mortgage Loans as of the date hereof. The Depositor hereby confirms
that each of the conditions set forth in Section 2.10(b), and as applicable,
Section 2.10(c) or Section 2.10(d), of the Pooling and Servicing Agreement are
satisfied as of the date hereof.
(b) All terms and conditions of the Pooling and Servicing Agreement are
hereby ratified and confirmed; provided, however, that in the event of any
conflict the provisions of this Instrument shall control over the conflicting
provisions of the Pooling and Servicing Agreement.
Section 3. Recordation of Instrument.
To the extent permitted by applicable law, this Instrument, or a memorandum
thereof if permitted under applicable law, is subject to recordation in all
appropriate public offices for real property records in all of the counties or
other comparable jurisdictions in which any or all of the properties subject to
the Mortgages are situated, and in any other appropriate public recording office
or elsewhere, such recordation to be effected by the Servicer at the
Certificateholders' expense on direction of the related Majority
Certificateholders, but only when accompanied by an Opinion of Counsel to the
effect that such recordation materially and beneficially affects the interests
of the Certificateholders or is necessary for the administration or servicing of
the Mortgage Loans.
Section 4. Governing Law.
This Instrument shall be construed in accordance with the laws of the State
of New York and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws, without giving effect to
principles of conflicts of law.
Section 5. Counterparts.
This Instrument may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same instrument.
2
<PAGE>
Section 6. Successors and Assigns.
This Instrument shall inure to the benefit of and be binding upon the
Depositor and the Trustee and their respective successors and assigns.
SUPERIOR BANK FSB
By: /s/ William Bracken
-----------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
AFC MORTGAGE LOAN ASSET
BACKED CERTIFICATES, SERIES 1996-3
By: LASALLE NATIONAL BANK,
as Trustee
By: /s/ Shashank Mishra
-----------------------------------
Name: Shashank Mishra
Title: Vice President
Attachments
A. Additional terms of the sale.
B. Schedule of Subsequent Mortgage Loans.
C. Opinions of Depositor's counsel (bankruptcy, corporate).
D. Depositor's Officer's certificate.
E. Opinion of Trustee's
3
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1996-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER TWO FOR SUB-POOL 1
Series 1996-3
October 15, 1996
A.
1. Subsequent Cut-off Date: October 14, 1996
2. Pricing Date:
3. Subsequent Transfer Date: October 15, 1996
4. Aggregate Principal Balance of the Subsequent $22,794,696.94
Mortgage Loans as of the Subsequent Cut-off Date:
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject of this Instrument:
1. Shortest original term to maturity: 120 months
2. Longest original term to maturity: 360 months
3. Lowest Mortgage Rate: 9.10%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $444,500.00
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: ___________
7. August 1996 first payment date: ___________
8. WAC of all Mortgage Loans: ___________%
9. WAM of all Mortgage Loans: ___________%
10. Maximum Weighted average CLTV: ___________%
11. Balloon Loans: ___________%
12. Largest Principal Balance: $__________
13. Non-owner occupied Mortgaged Properties: ___________%
14. Maximum zip code concentration: ___________%
15. Condominiums: ___________%
16. Single-family: ___________%
17. Multifamily and Mixed Use Properties: ___________%
4
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1996-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER TWO FOR SUB-POOL 2
Series 1996-3
October 15, 1996
A.
1. Subsequent Cut-off Date: October 14, 1996
2. Pricing Date:
3. Subsequent Transfer Date: October 15, 1996
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $12,531,967.54
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject of this Instrument:
1. Shortest original term to maturity: 360 months
2. Longest original term to maturity: 360 months
3. Minimum Gross Margin: 3.75%
4. Greatest LTV: 90.00%
5. Largest Principal Balance: $399,875.64
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: ___________
7. September 1996 first payment date: ___________
8. WA Gross Margin of all Mortgage Loans: ___________%
9. WAC of all Mortgage Loans: ___________%
10. WAM of all Mortgage Loans: ___________%
11. Maximum Weighted average LTV: ___________%
12. Largest Principal Balance: $__________
13. Non-owner occupied Mortgaged Properties: ___________%
14. Maximum zip code concentration: ___________%
15. Condominiums: ___________%
16. Single-family: ___________%
17. Multifamily and Mixed Use Properties: ___________%
<PAGE>
ADDITION NOTICE
Date: October 15, 1996
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of
September 1, 1996, between Superior Bank FSB, as
seller (the "Depositor"), LaSalle National Bank as
trustee (the "Trustee") and Lee Servicing Company, a
division of the Depositor, as servicer, relating to
AFC Mortgage Loan Asset Backed Certificates. Series
1996-3 Sub-Pool 1
----------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated the Subsequent Mortgage Loans to be sold
to the Trust Fund on October 15, 1996, with an aggregate principal balance of
$20,000,000.00*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
*Approximate
SUPERIOR BANK FSB
By: /s/ John Soricelli
---------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ Shashank Mishra
--------------------------------------
Name: Shashank Mishra
Title: Vice President
Date: October 15, 1996
<PAGE>
ADDITION NOTICE
Date: October 15, 1996
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of
September 1, 1996, between Superior Bank FSB, as
seller (the "Depositor"), LaSalle National Bank as
trustee (the "Trustee") and Lee Servicing Company, a
division of the Depositor, as servicer, relating to
AFC Mortgage Loan Asset Backed Certificates. Series
1996-3 Sub-Pool 2
---------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated Subsequent Mortgage Loans to be sold to
the Trust Fund on October 15, 1996, with an aggregate principal balance of
$12,800,000.00*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
*Approximate
SUPERIOR BANK FSB
By: /s/ John Soricelli
---------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ Shashank Mishra
--------------------------------------
Name: Shashank Mishra
Title: Vice President
Date: October 15, 1996
<PAGE>
OFFICER'S CERTIFICATE
I, William Bracken hereby certify that I am the duly elected Senior Vice
President and Chief Financial Officer of Superior Bank FSB, a federally
chartered stock savings bank (the "Depositor"), and further, to the best of my
knowledge and after due inquiry, as follows:
Each condition precedent specified in Section 2.10(b), Section 2.10(c) and
Section 2.10(d) for the Subsequent Mortgage Loans of the Pooling and Servicing
Agreement, dated as of September 1, 1996, among the Depositor, Lee Servicing
Company, a division of Superior Bank FSB, and LaSalle National Bank, as Trustee
(the "Pooling and Servicing Agreement") and each condition precedent specified
in Subsequent Transfer Instrument has been satisfied by the Depositor.
Capitalized terms not otherwise defined herein have the meanings set forth
in the Pooling and Servicing Agreement.
IN WITNESS WHEREOF, I have hereunto signed my name.
Dated: October 15, 1996 By: /s/ William Bracken
-------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule A Page 1
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
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<S> <C> <C> <C> <C> <C> <C> <C>
ML142 10216117812 JAROSINSKI RICHARD 2507 N KOSCIUNSZKO ROAD MCHENRY IL 60050 90,000.00
ML142 10216119857 BRIGGS CHRISTOPHER A 418 SOUTH GRAHAM CARBONDALE IL 62901 54,400.00
ML142 10216120736 HISLE DANA 8426 KERFOOT AVENUE CHICAGO IL 60620 35,700.00
ML142 10216120739 ROBLES RONALD M JR 14108 JAY STREET DYER IN 46311 41,600.00
ML142 10216122376 YAN SUNLEANG 9366 BEACON AVENUE SOUTH SEATTLE WA 98118 90,000.00
ML142 10216122774 MAUGHAN LARRY 20 SOUTH 400 WEST TRENTON UT 84338 82,000.00
ML142 10216124053 KLEIN REBECCA 109 EAST 5TH STREET FREDERICK MD 21701 65,700.00
ML142 10216124661 SANTANA LUCY M 1225 SOUTH 51ST COURT CICERO IL 60650 66,500.00
ML142 10216124897 TAHZIB SHAMIM 1015 WEST BARRY CHICAGO IL 60657 249,000.00
ML142 10216125657 CURRAN THOMAS J 74 EAST 18TH STREET AVALON NJ 08202 330,600.00
ML142 10216127079 HARRIS DOUGLAS O 1772 EAST MUELLER PARK ROAD BOUNTIFUL UT 84010 400,000.00
ML142 10216127259 ACOSTA CYNTHIA GAYE 1212 SOUTH DONOVAN STREET SEATTLE WA 98108 73,500.00
ML142 10216127587 JOHNSON HUBERT D 715 WEST NINTH ST. MONROE MI 48161 36,000.00
ML142 10216127592 KENESSEY IVAN G 25 W 500 ROYCE RD NAPERVILLE IL 60565 348,000.00
ML142 10216127736 TOLLE LAWRENCE D 4209 S. SR 213 ATLANTA IN 46031 98,800.00
ML142 10216127750 SMITH MARK E 516 CARPENTER OAK PARK IL 60304 40,000.00
ML142 10216127816 SUIDA HENRY F JR 205 2ND STREET CATASAUQUA PA 18032 63,000.00
ML142 10216128064 BERGERON JAMES H 9619 KINLOCH REDFORD MI 48239 63,000.00
ML142 10216128073 STEVENS DOUGLAS C 420 WEST 3RD ST ELYRIA OH 44035 58,500.00
ML142 10216128166 SORENSEN CYNTHIA L 4979 WEST SUN DROP CIRCLE SALT LAKE CITY UT 84118 67,150.00
ML142 10216128420 DEWATER ERNEST VAN 2768 CHRYSLER WATERFORD MI 48328 60,000.00
ML142 10216129180 ROSENQUIST HEATHER E 11738 SAND POINT WAY NE SEATTLE WA 98125 92,000.00
ML142 10216129240 WECHET DONALD SR 480 CREEKWOOD PALATINE IL 60074 160,000.00
ML142 10216129244 SCHUSTER PAULA M 227 MAIN WEST WATERVILLE MN 56096 46,400.00
ML142 10216129437 REED ROBERT 10228 SOUTH UNION AVE. CHICAGO IL 60628 64,000.00
ML142 10216129560 GRAF DANIEL I 1500 FERMAN AVENUE CLEVELAND OH 44109 50,000.00
ML142 10216129820 ITURBE RODOLFO REYES 2144 N LECLARE CHICAGO IL 60639 140,400.00
ML142 10216129960 SOUZA VICTORIA D 1861 GREGORY AVE. GLENDALE HEIGHTS IL 60139 130,000.00
ML142 10216129968 COOMBS LESLIE BRIANT 2905 GARDEN LANE CRYSTAL LAKE IL 60014 140,000.00
ML142 10216130685 PRASHAW SANDRA L 4412 WEST PONDVIEW DRIVE LITTLETON CO 80123 71,500.00
ML142 10216131279 BOWMAN CHARLES FREDERICK 3229 SOUTH LOWELL BLVD DENVER CO 80236 98,600.00
-------------------------------------- --------------
31 Sale Total 3,406,350.00
31 Total with Merrill Lynch 3,406,350.00
<CAPTION>
Cut-off Date First Initial Minimum Maximum
Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Name Balance Date Date Rate Rate Rate Margin
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ML142 10216117812 JAROSINSKI RICHARD 89,915.68 08/01/96 07/01/26 9.750 9.750 15.750 6.000
ML142 10216119857 BRIGGS CHRISTOPHER A 53,720.08 08/01/96 07/01/26 8.625 8.625 14.625 4.750
ML142 10216120736 HISLE DANA 35,688.60 10/01/96 09/01/26 11.500 11.500 17.500 6.750
ML142 10216120739 ROBLES RONALD M JR 41,600.00 11/01/96 10/01/26 11.125 11.125 17.125 6.750
ML142 10216122376 YAN SUNLEANG 89,911.11 09/01/96 08/01/26 9.500 9.500 15.500 5.500
ML142 10216122774 MAUGHAN LARRY 81,941.25 09/01/96 08/01/26 11.000 11.000 17.000 7.000
ML142 10216124053 KLEIN REBECCA 65,670.15 10/01/96 09/01/26 9.875 9.875 15.875 5.750
ML142 10216124661 SANTANA LUCY M 66,468.15 10/01/96 09/01/26 9.625 9.625 15.625 5.750
ML142 10216124897 TAHZIB SHAMIM 249,000.00 10/01/96 09/01/26 9.625 9.625 15.625 5.500
ML142 10216125657 CURRAN THOMAS J 330,348.44 10/01/96 09/01/26 7.375 7.375 13.375 3.750
ML142 10216127079 HARRIS DOUGLAS O 399,875.64 10/01/96 09/01/26 11.625 11.625 17.625 8.000
ML142 10216127259 ACOSTA CYNTHIA GAYE 73,477.14 10/01/96 09/01/26 11.625 11.625 17.625 8.000
ML142 10216127587 JOHNSON HUBERT D 36,000.00 11/01/96 10/01/26 11.125 11.125 17.125 7.500
ML142 10216127592 KENESSEY IVAN G 348,000.00 11/01/96 10/01/26 9.750 9.750 15.750 5.750
ML142 10216127736 TOLLE LAWRENCE D 98,800.00 10/01/96 09/01/26 11.125 11.125 17.125 6.750
ML142 10216127750 SMITH MARK E 40,000.00 11/01/96 10/01/26 11.125 11.125 17.125 6.750
ML142 10216127816 SUIDA HENRY F JR 62,969.82 10/01/96 09/01/26 9.625 9.625 15.625 5.750
ML142 10216128064 BERGERON JAMES H 62,969.82 10/01/96 09/01/26 9.625 9.625 15.625 6.000
ML142 10216128073 STEVENS DOUGLAS C 58,500.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
ML142 10216128166 SORENSEN CYNTHIA L 67,124.55 10/01/96 09/01/26 10.625 10.625 16.625 6.750
ML142 10216128420 DEWATER ERNEST VAN 59,971.26 10/01/96 09/01/26 9.625 9.625 15.625 6.000
ML142 10216129180 ROSENQUIST HEATHER E 92,000.00 11/01/96 10/01/26 9.875 9.875 15.875 6.250
ML142 10216129240 WECHET DONALD SR 160,000.00 11/01/96 10/01/26 11.125 11.125 17.125 7.500
ML142 10216129244 SCHUSTER PAULA M 46,400.00 11/01/96 10/01/26 9.875 9.875 15.875 6.000
ML142 10216129437 REED ROBERT 64,000.00 11/01/96 10/01/26 11.500 11.500 17.500 7.500
ML142 10216129560 GRAF DANIEL I 50,000.00 11/01/96 10/01/26 9.625 9.625 15.625 6.000
ML142 10216129820 ITURBE RODOLFO REYES 140,400.00 11/01/96 10/01/26 8.875 8.875 14.875 5.000
ML142 10216129960 SOUZA VICTORIA D 130,000.00 11/01/96 10/01/26 8.125 8.125 14.125 4.500
ML142 10216129968 COOMBS LESLIE BRIANT 140,000.00 11/01/96 10/01/26 7.625 7.625 13.625 3.750
ML142 10216130685 PRASHAW SANDRA L 71,500.00 11/01/96 10/01/26 9.125 9.125 15.125 5.500
ML142 10216131279 BOWMAN CHARLES FREDERICK 98,600.00 11/01/96 10/01/26 10.375 10.375 16.375 6.500
-------------------------------------- ------------ --------------------------------------
31 Sale Total 3,404,851.69 9.815 9.815 15.815 5.967
31 Total with Merrill Lynch 3,404,851.69 9.815 9.815 15.815 5.967
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule A Page 2
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB541 10216119759 MILLER KENNETH 249 LEE STREET MT. PROSPECT IL 60056 123,700.00
SB541 10216126299 PETTIGREW DEWEY E 834 SOUTH 400 WEST OREM UT 84058 118,150.00
SB541 10216128413 ROBBINS MARY JEAN 6638 SOUTH INGLESIDE AVENUE CHICAGO IL 60637 64,000.00
SB541 10216128417 OLIVER RONALD 616 CLOVER LANE UNIVERSITY PARK IL 60466 169,000.00
SB541 10216128932 WARD TROY M 431 S. PROSPECT ST. RAVENNA OH 44266 57,200.00
SB541 10216129440 PIERCE LUCILLE 8111 SOUTH EXCHANGE CHICAGO IL 60617 45,000.00
SB541 10216129559 GACSY THOMAS J 1025 DEVONSHIRE STREET HOBART IN 46342 71,200.00
SB541 10216129796 RODGERS WALLACE H 16029 LATHROP HARVEY IL 60426 44,800.00
SB541 10216129957 BREVITZ EUGENE W 9628 RUTHERFORD OAK LAWN IL 60453 89,000.00
SB541 10216130080 GILES SHIRLEY P 8736 S. PEORIA CHICAGO IL 60620 80,100.00
SB541 10216130574 CHRISTENSEN KEVIN K 406 NORTH 1ST EAST PRESTON ID 83263 58,000.00
SB541 10216130929 ONEAL WENDELL B 8826 S HAMILTON CHICAGO IL 60620 202,500.00
SB541 10216131183 TYNDALL DAVID L 5639 N. CAMPBELL AVE. CHICAGO IL 60659 135,000.00
SB541 10216131949 SHELLABARGER TRACY A 19332 BEECHNUT MOKENA IL 60448 78,700.00
SB541 10216132110 ALI YASMIN 1287 ANGELINE DRIVE SOUTH ELGIN IL 60177 113,700.00
SB541 10216132623 DEITTRICK KENNETH 7583 FORD WARREN MI 48091 29,600.00
------------------------------------------ ----------------
16 Sale Total 1,479,650.00
<CAPTION>
Cut-off Date First Initial Minimum Maximum
Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Name Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB541 10216119759 MILLER KENNETH 123,109.61 08/01/96 07/01/26 9.750 9.750 15.750 6.000
SB541 10216126299 PETTIGREW DEWEY E 118,111.19 10/01/96 09/01/26 11.375 11.375 17.375 7.500
SB541 10216128413 ROBBINS MARY JEAN 64,000.00 11/01/96 10/01/26 11.375 11.375 17.375 7.500
SB541 10216128417 OLIVER RONALD 168,919.04 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB541 10216128932 WARD TROY M 57,200.00 11/01/96 10/01/26 10.125 10.125 16.125 6.250
SB541 10216129440 PIERCE LUCILLE 45,000.00 11/01/96 10/01/26 10.000 10.000 16.000 6.000
SB541 10216129559 GACSY THOMAS J 71,200.00 11/01/96 10/01/26 9.625 9.625 15.625 6.000
SB541 10216129796 RODGERS WALLACE H 44,800.00 11/01/96 10/01/26 11.375 11.375 17.375 7.500
SB541 10216129957 BREVITZ EUGENE W 89,000.00 11/01/96 10/01/26 9.625 9.625 15.625 6.000
SB541 10216130080 GILES SHIRLEY P 80,100.00 11/01/96 10/01/26 8.875 8.875 14.875 5.000
SB541 10216130574 CHRISTENSEN KEVIN K 57,978.75 10/01/96 09/01/26 10.875 10.875 16.875 7.250
SB541 10216130929 ONEAL WENDELL B 202,500.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB541 10216131183 TYNDALL DAVID L 135,000.00 11/01/96 10/01/26 9.875 9.875 15.875 6.000
SB541 10216131949 SHELLABARGER TRACY A 78,700.00 11/01/96 10/01/26 9.875 9.875 15.875 6.000
SB541 10216132110 ALI YASMIN 113,700.00 11/01/96 10/01/26 11.500 11.500 17.500 5.750
SB541 10216132623 DEITTRICK KENNETH 29,600.00 11/01/96 10/01/26 11.375 11.375 17.375 7.500
----------------------------------- ------------ --------------------------------------------
16 Sale Total 1,478,918.59 10.158 10.158 16.158 6.183
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule A Page 3
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB542 10216107371 MARTIN DENISE 83 ALEXANDER AVENUE STATEN ISLAND NY 10312 170,000.00
SB542 10216115465 SIMPSON DAVID J 1305 SUNNY AYR WAY LANSDALE PA 19446 161,500.00
SB542 10216119036 GENCARELLI LOUIS 50 GLENBROOK ROAD #5E STAMFORD CT 06907 50,375.00
SB542 10216120121 FUNK JEAN E 27 ARTHUR AVENUE HUDSON NY 12534 53,600.00
SB542 10216120138 GOLD JEFFREY L 324 GREEN HILLS PITTSFIELD TWP MI 48176 225,000.00
SB542 10216120802 HOLMES JOAN 3254 AVALON ROCHESTER HILLS MI 48309 82,500.00
SB542 10216122164 VOLPE ROCCO 84 OAKLAND AVENUE HARRISON NY 10528 233,750.00
SB542 10216122442 FARD ALI 2195 WHITE OWL WAY OKEMOS MI 48864 210,000.00
SB542 10216125086 PARTHEMORE MARGARET 32 PINE BROOK LOOP HOPEWELL JUNCTION NY 12533 160,000.00
SB542 10216125764 SOBH MOHAMAD SOBHI 6781 FORRER DETROIT MI 48228 54,400.00
SB542 10216125780 BAILEY JAMES A 1605 TARLTON AVE CLEVELAND OH 44109 54,400.00
SB542 10216125827 BAZZI MAHMOUD 4775 ARGYLE DEARBORN MI 48126 51,300.00
SB542 10216126134 URQUIJO JOSEPH 28 NORMA BOULEVARD HOLBROOK NY 11741 100,000.00
SB542 10216126239 SMITH DONALD 12255 DIXIE HIGHWAY WALTON KY 41094 75,200.00
SB542 10216126694 DABAJA TAREK 5264 NECKEL DEARBORN MI 48126 67,500.00
SB542 10216126905 UPHOLD ROY L 939 WEST MAIN STREET EPHRATA PA 17522 92,000.00
SB542 10216127002 SAGHIR FATEMA 6548 REUTER DEARBORN MI 48126 81,000.00
SB542 10216127014 BRAUN JEAN M 5003 W GAMBEL ROAD INDIANAPOLIS IN 46241 60,300.00
SB542 10216127171 PANKNER MICHAEL G 405 HICKORY LANE WATERFORD MI 48327 85,500.00
SB542 10216127176 AL-GHAZAWY YOUSIF 6862 WOODMONT DETROIT MI 48228 39,600.00
SB542 10216127263 STUDER YONG KO 4510 DANBY CASTLE ROAD GREENSBORO NC 27407 139,740.00
SB542 10216127556 HOWARD THOMAS B 717 NORTHWEST 190TH LANE SEATTLE WA 98177 163,000.00
SB542 10216127602 WILLIAMS DAVID 4447 CHAMBERLAIN WAYNE MI 48184 85,500.00
SB542 10216127899 SEVERSON GARY L 593 SARATOGA COURT CHASKA MN 55318 108,800.00
SB542 10216127902 GOODWIN KEITH W 1070 DOLANE WHITE LAKE MI 48383 93,500.00
SB542 10216127907 IWIES RIYAD 7923 MEAD DEARBORN MI 48126 66,000.00
SB542 10216128243 SAWICKI KRZYSZTOF J 5131 VINCENT TRAIL SHELBY TWP MI 48316 153,000.00
SB542 10216128244 MOORE MARIA M 11415 APPLETON REDFORD MI 48239 62,700.00
SB542 10216128507 JOHNSON MARK G 328 NE 185TH STREET SHORELINE WA 98155 125,600.00
SB542 10216128558 TRUJILLO TERRY J 145 MOUNTAIN SHADOWS DRIVE SEDONA AZ 86336 148,750.00
SB542 10216128759 OBNEY GLENDA L 8320 LATSON ROAD N DEERFIELD TWP MI 48843 142,800.00
SB542 10216129063 BRANCH EARL 137 DEWEY STREET NEWARK NJ 07112 52,200.00
SB542 10216129082 HOSSFELD JOHN B 6259 SOUTH FILBERT COURT LITTLETON CO 80121 179,200.00
SB542 10216129268 AL-THIHABAWY ISMAEL 7821 COLEMAN DEARBORN MI 48126 38,700.00
SB542 10216129273 ZWILLING RICHARD L 2192 5TH STREET S.W. AKRON OH 44314 51,800.00
SB542 10216129303 PRICE JAMES ERIC 2424 W LIVINGSTON STREET ALLENTOWN PA 18104 132,000.00
SB542 10216129452 AL-ZARGANI HUSSAIN 7225 KENTUCKY DEARBORN MI 48126 99,000.00
SB542 10216129730 CRUZ ROSITA 23446 WEST HAMMOND LANE BUCKEYE AZ 85326 105,000.00
SB542 10216129740 MACDOWELL STEVEN J 936 S DANIEL WAY SAN JOSE CA 95128 243,525.00
SB542 10216129774 SANTILLANES CHARLES 40 COYOTE RUN CORRALES NM 87048 157,250.00
SB542 10216129836 PIDD THOMAS J 9020 MILFORD ROAD HOLLY MI 48442 94,000.00
SB542 10216129847 MEREDITH GERALD 1404 SPRUCE DR. CARMEL IN 46032 180,400.00
SB542 10216130088 TAYLOR PETER L 13987 RIVERSIDE LIVONIA MI 48154 172,000.00
SB542 10216130090 HACHEM FATMA 6879 METTETAL DETROIT MI 48228 29,700.00
SB542 10216130206 ETCHEN SHERYL 24622 BOSTON DEARBORN MI 48124 74,700.00
SB542 10216130242 SCOTT BARBARA D 10050 E MOUNTAINVIEW LAKE ROA SCOTTSDALE AZ 85258 220,000.00
SB542 10216130258 WALL ROBERT W 468 SW PRADO AVE PORT SAINT LUCIE FL 34983 96,300.00
SB542 10216130335 AL-ZAYADI HAIDAR 6883 FORRER DETROIT MI 48228 61,200.00
SB542 10216130336 BEYDOUN KAMEL 7506 MANOR DEARBORN MI 48126 49,600.00
SB542 10216130363 ADAMS WILLIAM O 4 OAKWOOD ROAD PITTSBURGH PA 15205 73,950.00
SB542 10216130454 SCHULZ TERRY H 7316 NORTH 23RD STREET PHOENIX AZ 85032 297,000.00
SB542 10216130480 CONYERS STEVEN A 2811 CAMBRIDGE DETROIT MI 48221 249,900.00
SB542 10216130486 ROOKS SAMUEL J 23031 WILDWOOD OAK PARK MI 48237 81,000.00
SB542 10216130490 ISMAIL ALI H 6312 PAYNE DEARBORN MI 48126 108,000.00
SB542 10216130642 JANNY MOHAMMED S 20921 WHITLOCK DEARBORN HEIGHTS MI 48127 65,300.00
SB542 10216130838 EID NAJIB 6630 MILLER DEARBORN MI 48126 66,600.00
SB542 10216130839 AL-MOSAWI NAZAR 7530 MAPLE DEARBORN MI 48126 76,500.00
SB542 10216130943 MITCHELL LYNN D 1306 WASHINGTON LINCOLN PARK MI 48146 56,000.00
SB542 10216130981 HOFFER FRANK J 22200 STATLER SAINT CLAIR SHORES MI 48081 93,600.00
SB542 10216131074 BERFIELD EUGENE J 230 BERINGER PLACE PITTSBURGH PA 15202 52,000.00
<CAPTION>
Cut-off Date First Initial Minimum Maximum
Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Name Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB542 10216107371 MARTIN DENISE 169,627.65 06/01/96 05/01/26 10.125 10.125 16.125 6.750
SB542 10216115465 SIMPSON DAVID J 161,414.05 10/01/96 09/01/26 9.125 9.125 15.125 5.500
SB542 10216119036 GENCARELLI LOUIS 50,348.19 09/01/96 08/01/26 9.125 9.125 15.125 6.250
SB542 10216120121 FUNK JEAN E 53,553.63 09/01/96 08/01/26 10.125 10.125 16.125 6.250
SB542 10216120138 GOLD JEFFREY L 224,598.60 08/01/96 07/01/26 8.625 8.625 14.625 5.000
SB542 10216120802 HOLMES JOAN 82,500.00 11/01/96 10/01/26 10.000 10.000 16.000 6.000
SB542 10216122164 VOLPE ROCCO 233,750.00 11/01/96 10/01/26 10.125 10.125 16.125 7.750
SB542 10216122442 FARD ALI 209,454.02 09/01/96 08/01/26 9.875 9.875 15.875 6.000
SB542 10216125086 PARTHEMORE MARGARET 160,000.00 10/01/96 09/01/26 9.875 9.875 15.875 6.000
SB542 10216125764 SOBH MOHAMAD SOBHI 54,271.61 09/01/96 08/01/26 8.875 8.875 14.875 5.000
SB542 10216125780 BAILEY JAMES A 54,400.00 11/01/96 10/01/26 11.500 11.500 17.500 7.500
SB542 10216125827 BAZZI MAHMOUD 51,275.43 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB542 10216126134 URQUIJO JOSEPH 100,000.00 11/01/96 10/01/26 8.625 8.625 14.625 5.000
SB542 10216126239 SMITH DONALD 75,173.91 10/01/96 09/01/26 11.125 11.125 17.125 7.250
SB542 10216126694 DABAJA TAREK 67,467.67 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB542 10216126905 UPHOLD ROY L 91,953.54 10/01/96 09/01/26 9.375 9.375 15.375 6.000
SB542 10216127002 SAGHIR FATEMA 80,949.69 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB542 10216127014 BRAUN JEAN M 60,220.84 10/01/96 09/01/26 8.375 8.375 14.375 4.500
SB542 10216127171 PANKNER MICHAEL G 85,452.06 10/01/96 09/01/26 8.875 8.875 14.875 5.000
SB542 10216127176 AL-GHAZAWY YOUSIF 39,582.01 10/01/96 09/01/26 9.875 9.875 15.875 5.750
SB542 10216127263 STUDER YONG KO 139,682.95 10/01/96 09/01/26 10.375 10.375 16.375 6.500
SB542 10216127556 HOWARD THOMAS B 163,000.00 11/01/96 10/01/26 7.375 7.375 13.375 3.750
SB542 10216127602 WILLIAMS DAVID 85,461.15 10/01/96 09/01/26 9.875 9.875 15.875 5.750
SB542 10216127899 SEVERSON GARY L 108,800.00 11/01/96 10/01/26 10.125 10.125 16.125 6.250
SB542 10216127902 GOODWIN KEITH W 93,500.00 11/01/96 10/01/26 8.375 8.375 14.375 4.500
SB542 10216127907 IWIES RIYAD 65,954.58 10/01/96 09/01/26 7.875 7.875 13.875 3.750
SB542 10216128243 SAWICKI KRZYSZTOF J 152,936.56 10/01/96 09/01/26 10.875 10.875 16.875 6.750
SB542 10216128244 MOORE MARIA M 62,700.00 11/01/96 10/01/26 9.750 9.750 15.750 5.750
SB542 10216128507 JOHNSON MARK G 125,529.59 10/01/96 09/01/26 8.875 8.875 14.875 5.250
SB542 10216128558 TRUJILLO TERRY J 148,750.00 11/01/96 10/01/26 10.625 10.625 16.625 7.000
SB542 10216128759 OBNEY GLENDA L 142,800.00 11/01/96 10/01/26 8.375 8.375 14.375 4.500
SB542 10216129063 BRANCH EARL 52,200.00 11/01/96 10/01/26 10.625 10.625 16.625 7.250
SB542 10216129082 HOSSFELD JOHN B 179,200.00 11/01/96 10/01/26 7.375 7.375 13.375 3.750
SB542 10216129268 AL-THIHABAWY ISMAEL 38,681.49 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB542 10216129273 ZWILLING RICHARD L 51,800.00 11/01/96 10/01/26 10.375 10.375 16.375 6.250
SB542 10216129303 PRICE JAMES ERIC 132,000.00 11/01/96 10/01/26 11.250 11.250 17.250 7.250
SB542 10216129452 AL-ZARGANI HUSSAIN 98,952.06 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB542 10216129730 CRUZ ROSITA 105,000.00 11/01/96 10/01/26 8.875 8.875 14.875 5.250
SB542 10216129740 MACDOWELL STEVEN J 243,402.02 10/01/96 09/01/26 9.375 9.375 15.375 5.750
SB542 10216129774 SANTILLANES CHARLES 157,182.27 10/01/96 09/01/26 10.125 10.125 16.125 6.500
SB542 10216129836 PIDD THOMAS J 94,000.00 11/01/96 10/01/26 11.750 11.750 17.750 7.500
SB542 10216129847 MEREDITH GERALD 180,400.00 11/01/96 10/01/26 10.625 10.625 16.625 6.750
SB542 10216130088 TAYLOR PETER L 171,945.03 10/01/96 09/01/26 11.500 11.500 17.500 7.500
SB542 10216130090 HACHEM FATMA 29,700.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB542 10216130206 ETCHEN SHERYL 74,700.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB542 10216130242 SCOTT BARBARA D 219,876.66 10/01/96 09/01/26 8.875 8.875 14.875 5.250
SB542 10216130258 WALL ROBERT W 96,300.00 11/01/96 10/01/26 8.625 8.625 14.625 5.000
SB542 10216130335 AL-ZAYADI HAIDAR 61,200.00 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB542 10216130336 BEYDOUN KAMEL 49,600.00 11/01/96 10/01/26 8.875 8.875 14.875 5.000
SB542 10216130363 ADAMS WILLIAM O 73,950.00 11/01/96 10/01/26 10.375 10.375 16.375 6.500
SB542 10216130454 SCHULZ TERRY H 297,000.00 11/01/96 10/01/26 8.375 8.375 14.375 4.500
SB542 10216130480 CONYERS STEVEN A 249,900.00 11/01/96 10/01/26 8.875 8.875 14.875 5.000
SB542 10216130486 ROOKS SAMUEL J 81,000.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB542 10216130490 ISMAIL ALI H 108,000.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB542 10216130642 JANNY MOHAMMED S 65,300.00 11/01/96 10/01/26 9.125 9.125 15.125 5.250
SB542 10216130838 EID NAJIB 66,600.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB542 10216130839 AL-MOSAWI NAZAR 76,500.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB542 10216130943 MITCHELL LYNN D 56,000.00 11/01/96 10/01/26 9.125 9.125 15.125 5.250
SB542 10216130981 HOFFER FRANK J 93,600.00 11/01/96 10/01/26 8.875 8.875 14.875 5.000
SB542 10216131074 BERFIELD EUGENE J 52,000.00 11/01/96 10/01/26 11.250 11.250 17.250 7.250
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule A Page 4
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB542 10216131170 TRAN RUBY 3420 SOUTH BATES ROAD SPOKANE WA 99206 70,000.00
SB542 10216131195 PASK ALAN R 205 TYRRELL STREET CLINTON MI 49236 55,000.00
SB542 10216131420 SOUAD TURKIA 6331 MONTROSE DETROIT MI 48228 43,200.00
SB542 10216131584 MAKKI SAMI 7510 E. MORROW CIRCLE DEARBORN MI 48126 126,000.00
SB542 10216131585 BARNES RICHARD 8765 CLEMENT CLARKSTON MI 48346 260,100.00
SB542 10216131714 ODONNELL CHARLES J 695 HERITAGE DRIVE MILFORD MI 48381 251,900.00
SB542 10216131974 SOBH ALI 6015 WILLIAMSON DEARBORN MI 48126 78,300.00
SB542 10216132117 ABOOD SADEEM N 7733 STEADMAN DEARBORN MI 48126 48,600.00
SB542 10216132121 BAZZI NAFEH I 7314 ASBURY PARK DETROIT MI 48228 39,600.00
SB542 10216132625 AL-SHAAMANI HASSAN 5929 MILLER DEARBORN MI 48126 24,400.00
------------------------------------- ----------------
70 Sale Total 7,650,840.00
86 Total with Superior Bank 9,130,490.00
117 Grand Total 12,536,840.00
<CAPTION>
Cut-off Date First Initial Minimum Maximum
Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Name Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB542 10216131170 TRAN RUBY 70,000.00 11/01/96 10/01/26 8.875 8.875 14.875 5.750
SB542 10216131195 PASK ALAN R 55,000.00 11/01/96 10/01/26 8.750 8.750 14.750 5.750
SB542 10216131420 SOUAD TURKIA 43,200.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB542 10216131584 MAKKI SAMI 126,000.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB542 10216131585 BARNES RICHARD 260,100.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB542 10216131714 ODONNELL CHARLES J 251,900.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB542 10216131974 SOBH ALI 78,300.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB542 10216132117 ABOOD SADEEM N 48,600.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB542 10216132121 BAZZI NAFEH I 39,600.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB542 10216132625 AL-SHAAMANI HASSAN 24,400.00 11/01/96 10/01/26 11.750 11.750 17.750 7.500
---------------------------------------------------- ----------------------------------------
70 Sale Total 7,648,197.26 9.553 9.553 15.553 5.773
86 Total with Superior Bank 9,127,115.85 9.651 9.651 15.651 5.839
117 Grand Total 12,531,967.54 9.696 9.696 15.696 5.874
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule B Page 1
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal Type of Scheduled Cut-off Date Original Next
Balance at Mortgaged Payment Principal LTV Adjustment
Sale ID Account Name Origination Property Int & Prin Balance Ratio Date
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ML142 10216117812 JAROSINSKI RICHARD 90,000.00 SF 773.24 89,915.68 52.9 01/01/97
ML142 10216119857 BRIGGS CHRISTOPHER A 54,400.00 SF 423.12 53,720.08 56.0 01/01/97
ML142 10216120736 HISLE DANA 35,700.00 MF 353.53 35,688.60 54.9 03/01/97
ML142 10216120739 ROBLES RONALD M JR 41,600.00 SF 400.10 41,600.00 56.9 04/01/97
ML142 10216122376 YAN SUNLEANG 90,000.00 SF 756.77 89,911.11 58.4 02/01/97
ML142 10216122774 MAUGHAN LARRY 82,000.00 SF 780.91 81,941.25 84.5 02/01/97
ML142 10216124053 KLEIN REBECCA 65,700.00 SF 570.51 65,670.15 90.0 03/01/97
ML142 10216124661 SANTANA LUCY M 66,500.00 SF 565.24 66,468.15 89.8 03/01/97
ML142 10216124897 TAHZIB SHAMIM 249,000.00 SF 2,116.47 249,000.00 84.1 03/01/97
ML142 10216125657 CURRAN THOMAS J 330,600.00 SF 2,283.37 330,348.44 72.6 03/01/97
ML142 10216127079 HARRIS DOUGLAS O 400,000.00 SF 3,999.36 399,875.64 80.0 03/01/97
ML142 10216127259 ACOSTA CYNTHIA GAYE 73,500.00 SF 734.89 73,477.14 79.9 03/01/97
ML142 10216127587 JOHNSON HUBERT D 36,000.00 SF 346.24 36,000.00 80.0 04/01/97
ML142 10216127592 KENESSEY IVAN G 348,000.00 SF 2,989.86 348,000.00 80.0 04/01/97
ML142 10216127736 TOLLE LAWRENCE D 98,800.00 SF 950.24 98,800.00 65.0 03/01/97
ML142 10216127750 SMITH MARK E 40,000.00 SF 384.71 40,000.00 24.5 04/01/97
ML142 10216127816 SUIDA HENRY F JR 63,000.00 SF 535.49 62,969.82 90.0 03/01/97
ML142 10216128064 BERGERON JAMES H 63,000.00 SF 535.49 62,969.82 70.0 03/01/97
ML142 10216128073 STEVENS DOUGLAS C 58,500.00 SF 507.98 58,500.00 78.0 04/01/97
ML142 10216128166 SORENSEN CYNTHIA L 67,150.00 SF 620.53 67,124.55 85.0 03/01/97
ML142 10216128420 DEWATER ERNEST VAN 60,000.00 SF 509.99 59,971.26 75.0 03/01/97
ML142 10216129180 ROSENQUIST HEATHER E 92,000.00 SF 798.89 92,000.00 80.0 04/01/97
ML142 10216129240 WECHET DONALD SR 160,000.00 SF 1,538.85 160,000.00 80.0 04/01/97
ML142 10216129244 SCHUSTER PAULA M 46,400.00 SF 402.91 46,400.00 69.9 04/01/97
ML142 10216129437 REED ROBERT 64,000.00 SF 633.79 64,000.00 80.0 04/01/97
ML142 10216129560 GRAF DANIEL I 50,000.00 SF 424.99 50,000.00 70.4 04/01/97
ML142 10216129820 ITURBE RODOLFO REYES 140,400.00 SF 1,117.09 140,400.00 90.0 04/01/97
ML142 10216129960 SOUZA VICTORIA D 130,000.00 SF 965.25 130,000.00 84.9 04/01/97
ML142 10216129968 COOMBS LESLIE BRIANT 140,000.00 SF 990.91 140,000.00 84.8 04/01/97
ML142 10216130685 PRASHAW SANDRA L 71,500.00 SF 581.75 71,500.00 65.0 04/01/97
ML142 10216131279 BOWMAN CHARLES FREDERICK 98,600.00 SF 892.73 98,600.00 85.0 04/01/97
-------------------------------------------------------- --------------------------------------
31 Sale Total 3,406,350.00 29,485.20 3,404,851.69 77.1
31 Total with Merrill Lynch 3,406,350.00 29,485.20 3,404,851.69 77.1
<CAPTION>
Current Property
Mortgage Value at Owner
Sale ID Account Name Rate Origination Occupied
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ML142 10216117812 JAROSINSKI RICHARD 9.750 170,000.00 Y
ML142 10216119857 BRIGGS CHRISTOPHER A 8.625 97,000.00 Y
ML142 10216120736 HISLE DANA 11.500 65,000.00 N
ML142 10216120739 ROBLES RONALD M JR 11.125 73,000.00 Y
ML142 10216122376 YAN SUNLEANG 9.500 154,000.00 Y
ML142 10216122774 MAUGHAN LARRY 11.000 97,000.00 Y
ML142 10216124053 KLEIN REBECCA 9.875 73,000.00 Y
ML142 10216124661 SANTANA LUCY M 9.625 74,000.00 Y
ML142 10216124897 TAHZIB SHAMIM 9.625 296,000.00 Y
ML142 10216125657 CURRAN THOMAS J 7.375 455,000.00 Y
ML142 10216127079 HARRIS DOUGLAS O 11.625 500,000.00 Y
ML142 10216127259 ACOSTA CYNTHIA GAYE 11.625 91,900.00 Y
ML142 10216127587 JOHNSON HUBERT D 11.125 45,000.00 Y
ML142 10216127592 KENESSEY IVAN G 9.750 435,000.00 Y
ML142 10216127736 TOLLE LAWRENCE D 11.125 152,000.00 Y
ML142 10216127750 SMITH MARK E 11.125 163,000.00 Y
ML142 10216127816 SUIDA HENRY F JR 9.625 70,000.00 Y
ML142 10216128064 BERGERON JAMES H 9.625 90,000.00 Y
ML142 10216128073 STEVENS DOUGLAS C 9.875 75,000.00 Y
ML142 10216128166 SORENSEN CYNTHIA L 10.625 79,000.00 Y
ML142 10216128420 DEWATER ERNEST VAN 9.625 80,000.00 Y
ML142 10216129180 ROSENQUIST HEATHER E 9.875 115,000.00 Y
ML142 10216129240 WECHET DONALD SR 11.125 200,000.00 Y
ML142 10216129244 SCHUSTER PAULA M 9.875 66,300.00 Y
ML142 10216129437 REED ROBERT 11.500 80,000.00 Y
ML142 10216129560 GRAF DANIEL I 9.625 71,000.00 Y
ML142 10216129820 ITURBE RODOLFO REYES 8.875 156,000.00 Y
ML142 10216129960 SOUZA VICTORIA D 8.125 153,000.00 Y
ML142 10216129968 COOMBS LESLIE BRIANT 7.625 165,000.00 Y
ML142 10216130685 PRASHAW SANDRA L 9.125 110,000.00 Y
ML142 10216131279 BOWMAN CHARLES FREDERICK 10.375 116,000.00 Y
--------------------------------------- ----------------------
31 Sale Total 9.815 4,567,200.00
31 Total with Merrill Lynch 9.815 4,567,200.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule B Page 2
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal Type of Scheduled Cut-off Date Original Next
Balance at Mortgaged Payment Principal LTV Adjustment
Sale ID Account Name Origination Property Int & Prin Balance Ratio Date
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SB541 10216119759 MILLER KENNETH 123,700.00 SF 1,062.77 123,109.61 74.9 01/01/97
SB541 10216126299 PETTIGREW DEWEY E 118,150.00 SF 1,158.77 118,111.19 85.0 03/01/97
SB541 10216128413 ROBBINS MARY JEAN 64,000.00 MF 627.69 64,000.00 80.0 04/01/97
SB541 10216128417 OLIVER RONALD 169,000.00 SF 1,436.48 168,919.04 89.6 03/01/97
SB541 10216128932 WARD TROY M 57,200.00 SF 507.26 57,200.00 65.0 04/01/97
SB541 10216129440 PIERCE LUCILLE 45,000.00 SF 394.91 45,000.00 75.0 04/01/97
SB541 10216129559 GACSY THOMAS J 71,200.00 SF 605.19 71,200.00 74.9 04/01/97
SB541 10216129796 RODGERS WALLACE H 44,800.00 SF 439.38 44,800.00 80.0 04/01/97
SB541 10216129957 BREVITZ EUGENE W 89,000.00 SF 756.49 89,000.00 74.1 04/01/97
SB541 10216130080 GILES SHIRLEY P 80,100.00 SF 637.31 80,100.00 90.0 04/01/97
SB541 10216130574 CHRISTENSEN KEVIN K 58,000.00 SF 546.88 57,978.75 80.0 03/01/97
SB541 10216130929 ONEAL WENDELL B 202,500.00 SF 1,721.23 202,500.00 90.0 04/01/97
SB541 10216131183 TYNDALL DAVID L 135,000.00 MF 1,172.27 135,000.00 75.0 04/01/97
SB541 10216131949 SHELLABARGER TRACY A 78,700.00 SF 683.39 78,700.00 74.9 04/01/97
SB541 10216132110 ALI YASMIN 113,700.00 SF 1,125.96 113,700.00 79.2 04/01/97
SB541 10216132623 DEITTRICK KENNETH 29,600.00 SF 290.31 29,600.00 80.0 04/01/97
--------------------------------------------------------- ------------------------------------------
16 Sale Total 1,479,650.00 13,166.29 1,478,918.59 80.9
<CAPTION>
Current Property
Mortgage Value at Owner
Sale ID Account Name Rate Origination Occupied
- ------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SB541 10216119759 MILLER KENNETH 9.750 165,000.00 Y
SB541 10216126299 PETTIGREW DEWEY E 11.375 139,000.00 Y
SB541 10216128413 ROBBINS MARY JEAN 11.375 80,000.00 Y
SB541 10216128417 OLIVER RONALD 9.625 188,500.00 Y
SB541 10216128932 WARD TROY M 10.125 88,000.00 Y
SB541 10216129440 PIERCE LUCILLE 10.000 60,000.00 Y
SB541 10216129559 GACSY THOMAS J 9.625 95,000.00 Y
SB541 10216129796 RODGERS WALLACE H 11.375 56,000.00 Y
SB541 10216129957 BREVITZ EUGENE W 9.625 120,000.00 Y
SB541 10216130080 GILES SHIRLEY P 8.875 89,000.00 Y
SB541 10216130574 CHRISTENSEN KEVIN K 10.875 72,500.00 Y
SB541 10216130929 ONEAL WENDELL B 9.625 225,000.00 Y
SB541 10216131183 TYNDALL DAVID L 9.875 180,000.00 Y
SB541 10216131949 SHELLABARGER TRACY A 9.875 105,000.00 Y
SB541 10216132110 ALI YASMIN 11.500 143,500.00 Y
SB541 10216132623 DEITTRICK KENNETH 11.375 37,000.00 Y
--------------------------------------------------------------------
16 Sale Total 10.158 1,843,500.00
</TABLE>
<PAGE>
Page 3
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule B
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal Type of Scheduled Cut-off Date Original Next
Balance at Mortgaged Payment Principal LTV Adjustment
Sale ID Account Name Origination Property Int & Prin Balance Ratio Date
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SB542 10216107371 MARTIN DENISE 170,000.00 SF 1,507.60 169,627.65 89.9 11/01/96
SB542 10216115465 SIMPSON DAVID J 161,500.00 SF 1,314.02 161,414.05 85.0 03/01/97
SB542 10216119036 GENCARELLI LOUIS 50,375.00 CD 409.87 50,348.19 65.0 02/01/97
SB542 10216120121 FUNK JEAN E 53,600.00 SF 475.34 53,553.63 80.0 02/01/97
SB542 10216120138 GOLD JEFFREY L 225,000.00 SF 1,750.03 224,598.60 75.0 01/01/97
SB542 10216120802 HOLMES JOAN 82,500.00 SF 724.00 82,500.00 61.1 04/01/97
SB542 10216122164 VOLPE ROCCO 233,750.00 SF 2,072.95 233,750.00 85.0 04/01/97
SB542 10216122442 FARD ALI 210,000.00 SF 1,823.53 209,454.02 75.0 02/01/97
SB542 10216125086 PARTHEMORE MARGARET 160,000.00 SF 1,389.36 160,000.00 80.0 03/01/97
SB542 10216125764 SOBH MOHAMAD SOBHI 54,400.00 SF 432.83 54,271.61 80.0 02/01/97
SB542 10216125780 BAILEY JAMES A 54,400.00 SF 538.72 54,400.00 80.0 04/01/97
SB542 10216125827 BAZZI MAHMOUD 51,300.00 SF 436.04 51,275.43 88.4 03/01/97
SB542 10216126134 URQUIJO JOSEPH 100,000.00 SF 777.79 100,000.00 78.1 04/01/97
SB542 10216126239 SMITH DONALD 75,200.00 SF 723.26 75,173.91 80.0 03/01/97
SB542 10216126694 DABAJA TAREK 67,500.00 SF 573.74 67,467.67 90.0 03/01/97
SB542 10216126905 UPHOLD ROY L 92,000.00 SF 765.21 91,953.54 80.0 03/01/97
SB542 10216127002 SAGHIR FATEMA 81,000.00 MF 688.49 80,949.69 90.0 03/01/97
SB542 10216127014 BRAUN JEAN M 60,300.00 SF 458.32 60,220.84 84.9 03/01/97
SB542 10216127171 PANKNER MICHAEL G 85,500.00 SF 680.28 85,452.06 90.0 03/01/97
SB542 10216127176 AL-GHAZAWY YOUSIF 39,600.00 SF 343.87 39,582.01 88.0 03/01/97
SB542 10216127263 STUDER YONG KO 139,740.00 SF 1,265.22 139,682.95 85.0 03/01/97
SB542 10216127556 HOWARD THOMAS B 163,000.00 SF 1,125.80 163,000.00 84.8 04/01/97
SB542 10216127602 WILLIAMS DAVID 85,500.00 SF 742.44 85,461.15 90.0 03/01/97
SB542 10216127899 SEVERSON GARY L 108,800.00 SF 964.86 108,800.00 85.0 04/01/97
SB542 10216127902 GOODWIN KEITH W 93,500.00 SF 710.67 93,500.00 84.2 04/01/97
SB542 10216127907 IWIES RIYAD 66,000.00 SF 478.55 65,954.58 80.0 03/01/97
SB542 10216128243 SAWICKI KRZYSZTOF J 153,000.00 SF 1,442.62 152,936.56 85.0 03/01/97
SB542 10216128244 MOORE MARIA M 62,700.00 SF 538.69 62,700.00 73.7 04/01/97
SB542 10216128507 JOHNSON MARK G 125,600.00 SF 999.33 125,529.59 80.0 03/01/97
SB542 10216128558 TRUJILLO TERRY J 148,750.00 SF 1,374.60 148,750.00 85.0 04/01/97
SB542 10216128759 OBNEY GLENDA L 142,800.00 SF 1,085.38 142,800.00 68.0 04/01/97
SB542 10216129063 BRANCH EARL 52,200.00 MF 482.38 52,200.00 60.0 04/01/97
SB542 10216129082 HOSSFELD JOHN B 179,200.00 SF 1,237.69 179,200.00 80.0 04/01/97
SB542 10216129268 AL-THIHABAWY ISMAEL 38,700.00 SF 328.95 38,681.49 86.0 03/01/97
SB542 10216129273 ZWILLING RICHARD L 51,800.00 SF 469.00 51,800.00 84.9 04/01/97
SB542 10216129303 PRICE JAMES ERIC 132,000.00 SF 1,282.07 132,000.00 80.0 04/01/97
SB542 10216129452 AL-ZARGANI HUSSAIN 99,000.00 MF 841.49 98,952.06 86.8 03/01/97
SB542 10216129730 CRUZ ROSITA 105,000.00 SF 835.43 105,000.00 47.7 04/01/97
SB542 10216129740 MACDOWELL STEVEN J 243,525.00 SF 2,025.52 243,402.02 85.0 03/01/97
SB542 10216129774 SANTILLANES CHARLES 157,250.00 SF 1,394.53 157,182.27 85.0 03/01/97
SB542 10216129836 PIDD THOMAS J 94,000.00 SF 948.85 94,000.00 78.3 04/01/97
SB542 10216129847 MEREDITH GERALD 180,400.00 SF 1,667.07 180,400.00 84.9 04/01/97
SB542 10216130088 TAYLOR PETER L 172,000.00 SF 1,703.30 171,945.03 80.0 03/01/97
SB542 10216130090 HACHEM FATMA 29,700.00 SF 252.45 29,700.00 90.0 04/01/97
SB542 10216130206 ETCHEN SHERYL 74,700.00 SF 634.94 74,700.00 88.9 04/01/97
SB542 10216130242 SCOTT BARBARA D 220,000.00 SF 1,750.42 219,876.66 80.0 03/01/97
SB542 10216130258 WALL ROBERT W 96,300.00 SF 749.01 96,300.00 90.0 04/01/97
SB542 10216130335 AL-ZAYADI HAIDAR 61,200.00 SF 520.19 61,200.00 82.7 03/01/97
SB542 10216130336 BEYDOUN KAMEL 49,600.00 SF 394.64 49,600.00 80.0 04/01/97
SB542 10216130363 ADAMS WILLIAM O 73,950.00 SF 669.55 73,950.00 85.0 04/01/97
SB542 10216130454 SCHULZ TERRY H 297,000.00 SF 2,257.42 297,000.00 80.2 04/01/97
SB542 10216130480 CONYERS STEVEN A 249,900.00 SF 1,988.32 249,900.00 89.2 04/01/97
SB542 10216130486 ROOKS SAMUEL J 81,000.00 SF 688.49 81,000.00 90.0 04/01/97
SB542 10216130490 ISMAIL ALI H 108,000.00 SF 917.99 108,000.00 90.0 04/01/97
SB542 10216130642 JANNY MOHAMMED S 65,300.00 SF 531.30 65,300.00 69.4 04/01/97
SB542 10216130838 EID NAJIB 66,600.00 SF 566.09 66,600.00 90.0 04/01/97
SB542 10216130839 AL-MOSAWI NAZAR 76,500.00 SF 650.24 76,500.00 90.0 04/01/97
SB542 10216130943 MITCHELL LYNN D 56,000.00 SF 455.63 56,000.00 80.0 04/01/97
SB542 10216130981 HOFFER FRANK J 93,600.00 SF 744.72 93,600.00 85.0 04/01/97
SB542 10216131074 BERFIELD EUGENE J 52,000.00 SF 505.06 52,000.00 80.0 04/01/97
</TABLE>
Current Property
Mortgage Value at Owner
Sale ID Account Rate Origination Occupied
- -----------------------------------------------------------------
SB542 10216107371 10.125 189,000.00 Y
SB542 10216115465 9.125 190,000.00 Y
SB542 10216119036 9.125 77,500.00 Y
SB542 10216120121 10.125 67,000.00 Y
SB542 10216120138 8.625 300,000.00 Y
SB542 10216120802 10.000 135,000.00 Y
SB542 10216122164 10.125 275,000.00 Y
SB542 10216122442 9.875 280,000.00 Y
SB542 10216125086 9.875 200,000.00 Y
SB542 10216125764 8.875 68,000.00 Y
SB542 10216125780 11.500 68,000.00 Y
SB542 10216125827 9.625 58,000.00 Y
SB542 10216126134 8.625 128,000.00 Y
SB542 10216126239 11.125 94,000.00 Y
SB542 10216126694 9.625 75,000.00 Y
SB542 10216126905 9.375 115,000.00 Y
SB542 10216127002 9.625 90,000.00 Y
SB542 10216127014 8.375 71,000.00 Y
SB542 10216127171 8.875 95,000.00 Y
SB542 10216127176 9.875 45,000.00 Y
SB542 10216127263 10.375 164,400.00 Y
SB542 10216127556 7.375 192,000.00 Y
SB542 10216127602 9.875 95,000.00 Y
SB542 10216127899 10.125 128,000.00 Y
SB542 10216127902 8.375 111,000.00 Y
SB542 10216127907 7.875 82,500.00 Y
SB542 10216128243 10.875 180,000.00 Y
SB542 10216128244 9.750 85,000.00 Y
SB542 10216128507 8.875 157,000.00 Y
SB542 10216128558 10.625 175,000.00 Y
SB542 10216128759 8.375 210,000.00 Y
SB542 10216129063 10.625 87,000.00 N
SB542 10216129082 7.375 224,000.00 Y
SB542 10216129268 9.625 45,000.00 Y
SB542 10216129273 10.375 61,000.00 Y
SB542 10216129303 11.250 165,000.00 Y
SB542 10216129452 9.625 114,000.00 Y
SB542 10216129730 8.875 220,000.00 Y
SB542 10216129740 9.375 286,500.00 Y
SB542 10216129774 10.125 185,000.00 Y
SB542 10216129836 11.750 120,000.00 Y
SB542 10216129847 10.625 212,300.00 Y
SB542 10216130088 11.500 215,000.00 Y
SB542 10216130090 9.625 33,000.00 Y
SB542 10216130206 9.625 84,000.00 Y
SB542 10216130242 8.875 275,000.00 Y
SB542 10216130258 8.625 107,000.00 Y
SB542 10216130335 9.625 74,000.00 Y
SB542 10216130336 8.875 62,000.00 Y
SB542 10216130363 10.375 87,000.00 Y
SB542 10216130454 8.375 370,000.00 Y
SB542 10216130480 8.875 280,000.00 Y
SB542 10216130486 9.625 90,000.00 Y
SB542 10216130490 9.625 120,000.00 Y
SB542 10216130642 9.125 94,000.00 N
SB542 10216130838 9.625 74,000.00 Y
SB542 10216130839 9.625 85,000.00 Y
SB542 10216130943 9.125 70,000.00 Y
SB542 10216130981 8.875 110,000.00 Y
SB542 10216131074 11.250 65,000.00 Y
<PAGE>
Page 4
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule B
A division of Superior Bank FSB 1996-3 Class 2 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/15/96
Principal Type of Scheduled Cut-off Date Original Next
Balance at Mortgaged Payment Principal LTV Adjustment
Sale ID Account Name Origination Property Int & Prin Balance Ratio Date
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SB542 10216131170 TRAN RUBY 70,000.00 SF 556.95 70,000.00 70.0 04/01/97
SB542 10216131195 PASK ALAN R 55,000.00 SF 432.69 55,000.00 55.0 04/01/97
SB542 10216131420 SOUAD TURKIA 43,200.00 SF 367.20 43,200.00 88.1 04/01/97
SB542 10216131584 MAKKI SAMI 126,000.00 SF 1,094.12 126,000.00 90.0 04/01/97
SB542 10216131585 BARNES RICHARD 260,100.00 SF 2,258.58 260,100.00 89.6 04/01/97
SB542 10216131714 ODONNELL CHARLES J 251,900.00 SF 2,187.37 251,900.00 89.9 04/01/97
SB542 10216131974 SOBH ALI 78,300.00 SF 679.92 78,300.00 90.0 04/01/97
SB542 10216132117 ABOOD SADEEM N 48,600.00 SF 422.02 48,600.00 86.7 04/01/97
SB542 10216132121 BAZZI NAFEH I 39,600.00 SF 343.87 39,600.00 90.0 04/01/97
SB542 10216132625 AL-SHAAMANI HASSAN 24,400.00 SF 246.30 24,400.00 71.7 04/01/97
------------------------------------------------------ -------------------------------------
70 Sale Total 7,650,840.00 64,695.17 7,648,197.26 82.4
86 Total with Superior Bank 9,130,490.00 77,861.46 9,127,115.85 82.1
117 Grand Total 12,536,840.00 107,346.66 12,531,967.54 80.8
</TABLE>
<TABLE>
<CAPTION>
Current Property
Mortgage Value at Owner
Sale ID Account Name Rate Origination Occupied
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SB542 10216131170 TRAN RUBY 8.875 100,000.00 Y
SB542 10216131195 PASK ALAN R 8.750 100,000.00 Y
SB542 10216131420 SOUAD TURKIA 9.625 49,000.00 Y
SB542 10216131584 MAKKI SAMI 9.875 140,000.00 Y
SB542 10216131585 BARNES RICHARD 9.875 290,000.00 Y
SB542 10216131714 ODONNELL CHARLES J 9.875 280,000.00 Y
SB542 10216131974 SOBH ALI 9.875 87,000.00 Y
SB542 10216132117 ABOOD SADEEM N 9.875 56,000.00 Y
SB542 10216132121 BAZZI NAFEH I 9.875 44,000.00 Y
SB542 10216132625 AL-SHAAMANI HASSAN 11.750 34,000.00 Y
--------------------------------------- ------------------------
70 Sale Total 9.553 9,395,200.00
86 Total with Superior Bank 9.651 11,238,700.00
117 Grand Total 9.696 15,805,900.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 1
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ML673 10266114607 SANBORN KENDALL E 550 MEADOWS CREEK DRIVE ALPHARETTA GA 30202 59,400.00
ML673 10266115396 PACIFICO SILVIO 265 THROGS NECK BOULEVARD BRONX NY 10465 48,495.00
ML673 10266116239 MINEO JOSEPH L 6 JANSEN STREET STATEN ISLAND NY 10312 48,000.00
ML673 10266117814 KABELOWSKY BRIAN A 9333 WEST CONGRESS STREET WAUWATOSA WI 53225 20,000.00
ML673 10266118366 SMITH CRAWFORD A III 4699 BALFOUR DETROIT MI 48224 33,300.00
ML673 10266119978 AUCHER PIERRE M 1616 NORTH WASHINGTON STREET TACOMA WA 98406 119,500.00
ML673 10266120876 HIRSH YAEL 34 LISMORE ROAD LAWRENCE NY 11559 40,136.00
ML673 10266121270 ALLEN CRYSTAL 13960 ST. MARY'S DETROIT MI 48227 38,300.00
ML673 10266121380 SCOTT EDNA E 9720 HITCHING RAIL DRIVE LAS VEGAS NV 89117 52,600.00
ML673 10266122116 KREVENKO JOHN J RR 3 BOX 304A-1 BLOOMSBURG PA 17815 60,000.00
ML673 10266122268 RAPOZA PAUL R 42 MACOMBER AVENUE NORTH DARTMOUTH MA 02747 20,500.00
ML673 10266122584 LUNA JOHNNY D 204 75TH STREET SW ALBUQUERQUE NM 87121 15,957.00
ML673 10266123315 LEAVY THOMAS J 549 SECOND AVENUE LONG BRANCH NJ 07740 29,000.00
ML673 10266123614 JORDON MONICA 21 FLINT DRIVE SPRING VALLEY NY 10977 40,500.00
ML673 10266123758 CAESAR JULIUS A 267 COLONIA PLACE PLAINFIELD NJ 07062 91,500.00
ML673 10266123816 MARAGH SURJENA 345 MCCLINTOCK STREET NEW BRITAIN CT 06053 84,000.00
ML673 10266123832 BICKLEY ANDREW A 1427 ACEQUIA BORRADA WEST SANTA FE NM 87505 30,670.00
ML673 10266124221 HARPER PAUL E 702 NORTH MULLEN STREET TACOMA WA 98406 12,500.00
ML673 10266124370 ALAVI ROYA 5520 EAST ILIFF AVENUE DENVER CO 80222 28,000.00
ML673 10266124479 PENNELL JOSEPH M 114 DELVIEW DRIVE WILMINGTON DE 19810 13,380.00
ML673 10266124837 GALLO KATHLEEN A 27 MALTBIE ROAD NEWTOWN CT 06470 153,000.00
ML673 10266125069 REESE MICHAEL C 7640 LONERGAN COURT COLORADO SPRINGS CO 80919 53,900.00
ML673 10266125181 SLOAN ROBERT LEE 966 VANBUREN STREET HAVRE DE GRACE MD 21078 23,000.00
ML673 10266125198 TAYLOR VERA J 5919 NORTH 10TH STREET PHILADELPHIA PA 19141 12,650.00
ML673 10266125280 BOWERS JASON B 6030 WEST BRASS CIRCLE SALT LAKE CITY UT 84118 16,400.00
ML673 10266125380 CONCI MIKE 1012 BEULAH PUEBLO CO 81004 35,000.00
ML673 10266125574 MELLON JOSEPH F SR BOX 192B FINNEY ROAD ELIZABETH PA 15037 116,000.00
ML673 10266125604 ENSALATA VICTOR 523 SCHERGER AVENUE EAST PATCHOGUE NY 11772 53,240.00
ML673 10266125610 QUAYLE MICHAEL C 33 WEST FIRST STREET APOPKA FL 32703 10,000.00
ML673 10266125641 QUINTANA DEBRA 69 WEST 2700 SOUTH SALT LAKE CITY UT 84115 41,500.00
ML673 10266125820 GOODMAN WILLIAM 8801 WEST GOLF ROAD, UNIT 12A NILES IL 60714 80,000.00
ML673 10266125916 ILLIANO GENNARO 108 GARDEN GATE ROAD CAMDEN DE 19934 17,300.00
ML673 10266125978 JOHNSON JOHN R 8442 E COLETTE STREET TUCSON AZ 85710 33,066.00
ML673 10266125988 DALY STEPHEN 36 WHEELWRIGHT LANE LEVITTOWN NY 11756 33,500.00
ML673 10266126237 MCFETRIDGE TERRY GENE 133 HOLLYBROOK DRIVE NEW WHITELAND IN 46184 49,300.00
ML673 10266126301 BAYEUR GLENN 45 MORGAN LANE POUGHQUAG NY 12570 38,750.00
ML673 10266126348 WEBBER HARRY E 2940 LORRAINE COURT BOULDER CO 80304 42,100.00
ML673 10266126382 BURLESON MICHAEL D 1513 EAST WEBER ROAD COLUMBUS OH 43211 40,000.00
ML673 10266126385 UGLEAN MARY 29195 SPOON MADISON HEIGHTS MI 48071 20,000.00
ML673 10266126477 GARCIA SAMMY 9701 WESTBOUND AVENUE SW ALBUQUERQUE NM 87121 20,420.00
ML673 10266126606 SCISCIANI MICHAEL 68 1/2 CENTER AVENUE BURGETTSTOWN PA 15021 35,600.00
ML673 10266126619 ECKERT LARRY G 210 EAST 28TH DIVISION HWY LITITZ PA 17543 126,000.00
ML673 10266126741 BREIDENSTEIN PAMELA S 20 ROSE AVENUE WEST SENECA NY 14224 29,750.00
ML673 10266126783 MOORE BARRY BLAINE 10118 EAST DALTON AVENUE SPOKANE WA 99206 26,758.00
ML673 10266126896 KNAPP JOHN 7 BARTLETT AVE NORWALK CT 06850 22,150.00
ML673 10266126907 CONWAY ROBERT R JR 706 LEHIGH ROAD NEWARK DE 19711 11,884.00
ML673 10266126953 JEAN-PIERRE ROZELLE 1000 GREAT FALLS AVENUE PORT CHARLOTTE FL 33948 72,250.00
ML673 10266127024 DURNAL ELEZA G 290 S. OHIO ST. MARTINSVILLE IN 46151 19,000.00
ML673 10266127027 SCHNITZ JAMES R 4446 N POST ROAD INDIANAPOLIS IN 46226 34,400.00
ML673 10266127056 SCHAFFNER JOHN C 6 FOX TRAIL FAIRFIELD PA 17320 67,000.00
ML673 10266127108 CALKINS DARRELL J 3904 WEST TUSCALOOSA WAY WEST JORDAN UT 84084 14,500.00
ML673 10266127152 REED WILLIAM R 7450 WAUKEGAN ROAD #505 NILES IL 60714 75,000.00
ML673 10266127244 DELGADO MAURICE 269 17TH AVENUE PATERSON NJ 07504 75,000.00
ML673 10266127265 PHILLIPS JAMES R 5403 ECKERSON ROAD GREENSBORO NC 27405 31,700.00
ML673 10266127290 DOYLE JOHN P 5943 LIBERTY SQUARE OAK FOREST IL 60452 171,000.00
ML673 10266127305 MROCKA EUGENE M 18426 WILDEMERE DETROIT MI 48221 50,000.00
ML673 10266127324 GRAY JEAN ANN 215 N. BEVILLE INDIANAPOLIS IN 46201 23,800.00
ML673 10266127536 CHAVEZ JOSE DAVID 98 EAST NICOLETTI DRIVE MIDVALE UT 84047 26,000.00
ML673 10266127679 SMITH STEVEN L 2951 SOUTH 9050 WEST MAGNA UT 84044 26,000.00
ML673 10266127767 MOORE JAMES H JR 9268 S. COUNTY ROAD 100 EAST CLAYTON IN 46118 12,200.00
ML673 10266127864 ROSE DEANGELO SR 4906 E. 39TH ST INDIANAPOLIS IN 46226 54,400.00
ML673 10266127868 MUNDT BOB V 14 OAK CREEK DRIVE WILLAMSBURG CO 81226 42,090.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ML673 10266114607 SANBORN KENDALL E 59,355.10 06/15/96 05/15/11 174.97 10/15/96 84.2 11.650 595.04
ML673 10266115396 PACIFICO SILVIO 48,351.32 08/03/96 07/03/16 236.58 11/03/96 79.8 11.000 500.56
ML673 10266116239 MINEO JOSEPH L 47,993.74 09/01/96 08/01/11 177.53 11/01/96 76.8 11.600 479.01
ML673 10266117814 KABELOWSKY BRIAN A 20,000.00 08/01/96 07/01/11 176.52 11/01/96 84.5 13.600 260.99
ML673 10266118366 SMITH CRAWFORD A III 33,270.48 04/01/96 03/01/11 172.50 11/01/96 90.0 11.900 339.97
ML673 10266119978 AUCHER PIERRE M 119,500.00 10/04/96 09/04/26 358.65 10/04/96 89.1 11.250 1,160.66
ML673 10266120876 HIRSH YAEL 40,085.18 10/01/96 09/01/11 178.55 11/01/96 79.7 12.950 506.50
ML673 10266121270 ALLEN CRYSTAL 38,233.38 10/11/96 09/11/11 178.88 11/11/96 64.9 12.000 393.96
ML673 10266121380 SCOTT EDNA E 52,459.11 09/01/96 08/01/11 177.53 11/01/96 84.9 12.700 655.17
ML673 10266122116 KREVENKO JOHN J 59,898.54 08/24/96 07/24/11 177.27 10/24/96 58.8 10.990 570.94
ML673 10266122268 RAPOZA PAUL R 20,476.06 09/26/96 08/26/16 238.36 10/26/96 89.9 12.000 225.72
ML673 10266122584 LUNA JOHNNY D 15,957.00 10/05/96 09/05/11 178.68 10/05/96 67.7 15.000 223.33
ML673 10266123315 LEAVY THOMAS J 29,000.00 10/16/96 09/16/11 179.05 10/16/96 84.7 12.750 362.16
ML673 10266123614 JORDON MONICA 40,425.52 09/28/96 08/28/11 178.42 10/28/96 80.3 13.850 535.28
ML673 10266123758 CAESAR JULIUS A 91,432.52 10/01/96 09/01/26 358.55 11/01/96 75.0 12.750 994.32
ML673 10266123816 MARAGH SURJENA 84,000.00 09/29/96 08/29/26 358.45 10/29/96 78.5 10.990 799.32
ML673 10266123832 BICKLEY ANDREW A 30,597.57 10/04/96 09/04/11 178.65 11/04/96 72.5 12.750 383.02
ML673 10266124221 HARPER PAUL E 12,440.00 10/16/96 09/16/11 179.05 11/16/96 48.7 10.950 141.68
ML673 10266124370 ALAVI ROYA 27,947.33 10/11/96 09/11/11 178.88 11/11/96 69.4 11.750 331.56
ML673 10266124479 PENNELL JOSEPH M 13,380.00 09/26/96 08/26/16 238.36 10/26/96 84.9 12.250 149.66
ML673 10266124837 GALLO KATHLEEN A 153,000.00 10/13/96 09/13/26 358.95 10/13/96 90.0 11.700 1,538.54
ML673 10266125069 REESE MICHAEL C 53,900.00 10/23/96 09/23/11 179.28 10/23/96 89.8 12.000 646.89
ML673 10266125181 SLOAN ROBERT LEE 22,831.56 10/16/96 09/16/11 179.05 11/16/96 89.6 11.700 271.62
ML673 10266125198 TAYLOR VERA J 12,650.00 10/05/96 09/05/11 178.68 10/05/96 89.9 11.990 130.02
ML673 10266125280 BOWERS JASON B 16,400.00 10/20/96 09/20/11 179.18 10/20/96 89.6 11.350 190.02
ML673 10266125380 CONCI MIKE 35,000.00 10/12/96 09/12/11 178.92 10/12/96 70.0 10.000 376.11
ML673 10266125574 MELLON JOSEPH F SR 115,879.68 10/01/96 09/01/26 358.55 11/01/96 80.0 12.990 1,282.28
ML673 10266125604 ENSALATA VICTOR 53,240.00 10/17/96 09/17/11 179.08 10/17/96 70.9 10.250 477.08
ML673 10266125610 QUAYLE MICHAEL C 10,000.00 10/16/96 09/16/11 179.05 10/16/96 80.0 13.750 131.50
ML673 10266125641 QUINTANA DEBRA 41,468.56 10/04/96 09/04/11 178.65 11/04/96 63.8 13.590 541.29
ML673 10266125820 GOODMAN WILLIAM 80,000.00 10/16/96 09/16/11 179.05 10/16/96 55.1 10.990 761.25
ML673 10266125916 ILLIANO GENNARO 17,300.00 10/16/96 09/16/11 179.05 10/16/96 81.8 12.740 215.94
ML673 10266125978 JOHNSON JOHN R 33,002.18 10/04/96 09/04/11 178.65 11/04/96 85.0 13.250 423.82
ML673 10266125988 DALY STEPHEN 33,500.00 10/20/96 09/20/11 179.18 10/20/96 85.4 11.990 344.33
ML673 10266126237 MCFETRIDGE TERRY GENE 49,196.75 09/05/96 08/05/26 357.67 11/05/96 85.0 11.750 497.64
ML673 10266126301 BAYEUR GLENN 38,680.89 09/05/96 08/05/11 177.67 11/05/96 89.9 12.700 419.59
ML673 10266126348 WEBBER HARRY E 42,100.00 10/09/96 09/09/11 178.82 10/09/96 90.0 11.500 416.91
ML673 10266126382 BURLESON MICHAEL D 40,000.00 10/03/96 09/03/16 238.62 10/03/96 80.0 13.750 490.16
ML673 10266126385 UGLEAN MARY 19,896.54 09/20/96 08/20/16 238.16 11/20/96 25.9 9.250 183.17
ML673 10266126477 GARCIA SAMMY 20,420.00 10/17/96 09/17/11 179.08 10/17/96 74.9 12.250 248.37
ML673 10266126606 SCISCIANI MICHAEL 35,600.00 10/19/96 09/19/11 179.15 10/19/96 84.7 9.650 303.25
ML673 10266126619 ECKERT LARRY G 126,000.00 10/25/96 09/25/11 179.34 10/25/96 70.0 11.990 1,295.08
ML673 10266126741 BREIDENSTEIN PAMELA S 29,750.00 10/18/96 09/18/06 119.11 10/18/96 69.9 11.200 413.18
ML673 10266126783 MOORE BARRY BLAINE 26,758.00 10/04/96 09/04/11 178.65 10/04/96 90.0 13.250 342.97
ML673 10266126896 KNAPP JOHN 22,150.00 10/18/96 09/18/11 179.11 10/18/96 89.7 12.750 276.62
ML673 10266126907 CONWAY ROBERT R JR 11,884.00 09/12/96 08/12/11 177.90 10/12/96 90.0 11.990 142.55
ML673 10266126953 JEAN-PIERRE ROZELLE 72,250.00 10/25/96 09/25/16 239.34 10/25/96 85.0 12.490 820.35
ML673 10266127024 DURNAL ELEZA G 18,899.38 10/16/96 09/16/11 179.05 11/16/96 79.8 14.250 256.23
ML673 10266127027 SCHNITZ JAMES R 34,348.85 09/28/96 08/28/11 178.42 10/28/96 80.0 13.750 400.80
ML673 10266127056 SCHAFFNER JOHN C 67,000.00 10/20/96 09/20/11 179.18 10/20/96 73.2 12.500 715.06
ML673 10266127108 CALKINS DARRELL J 14,500.00 10/23/96 09/23/11 179.28 10/23/96 84.3 11.000 164.81
ML673 10266127152 REED WILLIAM R 75,000.00 09/12/96 08/12/16 237.90 10/12/96 45.8 11.600 805.00
ML673 10266127244 DELGADO MAURICE 75,000.00 10/23/96 09/23/26 359.28 10/23/96 51.7 11.990 770.88
ML673 10266127265 PHILLIPS JAMES R 31,700.00 10/18/96 09/18/11 179.11 10/18/96 75.2 10.700 354.35
ML673 10266127290 DOYLE JOHN P 171,000.00 09/20/96 08/20/11 178.16 10/20/96 90.0 11.250 1,660.86
ML673 10266127305 MROCKA EUGENE M 49,923.16 10/10/96 09/10/11 178.85 11/10/96 43.4 14.750 622.24
ML673 10266127324 GRAY JEAN ANN 23,800.00 09/07/96 08/07/11 177.73 11/07/96 70.0 10.500 217.71
ML673 10266127536 CHAVEZ JOSE DAVID 25,753.12 10/04/96 09/04/11 178.65 11/04/96 71.7 14.200 312.19
ML673 10266127679 SMITH STEVEN L 25,963.25 09/27/96 08/27/11 178.39 10/27/96 84.4 11.900 265.44
ML673 10266127767 MOORE JAMES H JR 12,188.22 10/01/96 09/01/11 178.55 11/01/96 69.9 12.750 152.36
ML673 10266127864 ROSE DEANGELO SR 54,314.16 09/01/96 08/01/11 177.53 11/01/96 85.0 10.990 517.65
ML673 10266127868 MUNDT BOB V 42,090.00 10/18/96 09/18/11 179.11 10/18/96 80.0 11.750 424.86
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 2
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ML673 10266127887 NICHOLS ISADORE 22 W 261 IRVING PARK ROAD MEDINAH IL 60157 23,200.00
ML673 10266127914 HILL HARRY 514 MARKISON AVE. COLUMBUS OH 43207 35,500.00
ML673 10266127920 VAGNINI DANIEL P 93 BOLTON STREET HAMDEN CT 06518 43,800.00
ML673 10266127942 PUKAS DAVID M 122 S 3RD STREET MINERSVILLE PA 17954 17,500.00
ML673 10266127964 ONEAL PATSY D 3727 INDIANPIPE CIRCLE COLORADO SPRINGS CO 80918 41,200.00
ML673 10266127971 BLACKBURN WAYNE B 637 BRIDGEWATER ARCH VIRGINIA BEACH VA 23462 74,800.00
ML673 10266127981 LINN LILLIE A 1913 APPLEWOOD DRIVE HAGERSTOWN MD 21740 182,400.00
ML673 10266128001 JONES KENNETH L 267 WEST 1600 NORTH LAYTON UT 84041 52,300.00
ML673 10266128035 INMAN SR ANTHONY R 1230 LEEDS AVE MONTROSE CO 81401 35,000.00
ML673 10266128129 NISSIM YONA 11313 OLD CLUB ROAD ROCKVILLE MD 20852 307,520.00
ML673 10266128211 GOGERTY THOMAS W 11974 KENOSHA ROAD ERIE CO 80516 76,458.00
ML673 10266128224 PALLOTTO STEPHEN 20557 HUNTER DRIVE FRANKFORT IL 60423 54,100.00
ML673 10266128230 RADYSH GEORGE J 10311 ROUTE 176 WOODSTOCK IL 60098 40,000.00
ML673 10266128262 WEINSTEIN JAMES L 7322 RINGERTOWN ROAD EXPORT PA 15632 25,865.00
ML673 10266128376 ABRAMOWITZ STEVEN 6219 RED HILL ROAD BOULDER CO 80302 53,000.00
ML673 10266128411 CUMMINGS LORISTENE 7110 S. UNION AVENUE CHICAGO IL 60621 40,000.00
ML673 10266128515 PARISI FRANK M 182 COLBY DRIVE EAST HARTFORD CT 06108 17,500.00
ML673 10266128525 ALMGREN WILLIAM R 1324 S FAIRVIEW ROAD ALLENTOWN PA 18103 60,000.00
ML673 10266128539 BEARDEN CHARLES E 571 WOODGATE DRIVE MARIETTA GA 30066 80,800.00
ML673 10266128541 SALISBURY GARY E 1215 EAST FOREST RIDGE ROAD SANDY UT 84094 43,000.00
ML673 10266128543 TELFORD EDWARD B 573 5TH STREET OGDEN UT 84404 18,000.00
ML673 10266128575 ELROD JR GEORGE 262 CENTRAL AVENUE MATTESON IL 60443 36,500.00
ML673 10266128577 BANKSTON RODNI 3819 YORKSHIRE DETROIT MI 48224 25,000.00
ML673 10266128581 GRYGA ANTHONY 5635 W. 87TH PLACE OAK LAWN IL 60453 22,000.00
ML673 10266128583 PURPURA JOSEPH F 4704 NORTHFOX LANE #7 MCHENRY IL 60050 46,900.00
ML673 10266128603 MONTGOMERY FRANCIS E 87 HIGHLAND RD WEST ALEXANDER PA 15376 27,200.00
ML673 10266128612 AKERS MICHAEL D 7611 CARSON AVENUE BALTIMORE MD 21224 79,625.00
ML673 10266128614 ALSTON CLARENCE T 3438 CHESTERFIELD AVENUE BALTIMORE MD 21213 73,000.00
ML673 10266128621 LOVE ROBERT F 7900 EAST DARTMOUTH AVENUE #5 DENVER CO 80231 59,893.00
ML673 10266128699 MALLON STEPHEN JAMES JR 3117 ELMMEDE ROAD ELLICOTT CITY MD 21042 91,340.00
ML673 10266128700 PRINTY JAMES R 3823 SOUTH 7000 WEST WEST VALLEY CITY UT 84120 48,170.00
ML673 10266128777 OWENS DENNIS M 109 COVEWOOD COURT CARY NC 27513 15,451.00
ML673 10266128794 SOUDERS SHANE 107 CUMBERLAND STREET HARRISBURG PA 17102 42,500.00
ML673 10266128804 MAZZELLA ANTHONY C 3 DOLL ROAD REEDERS PA 18352 128,000.00
ML673 10266128824 SALADINO DEBORAH ANN 80 LAKE ROAD WEBSTER NY 14580 21,700.00
ML673 10266128839 TOLMAN IAN 12042 SOUTH 3280 WEST RIVERTON UT 84065 30,800.00
ML673 10266128841 TAYLOR LENYORK 6 ROSEWOOD LANE BLOOMFIELD CT 06002 24,000.00
ML673 10266128844 HOFFMAN JOHN C 510 EAST 900 SOUTH OREM UT 84058 29,665.00
ML673 10266128881 SHELLEY ROGER S 4040 WEST WILLOW AVENUE PHOENIX AZ 85029 15,000.00
ML673 10266128895 TALBOT RYAN K 307 N PARK LANE MOAB UT 84532 73,520.00
ML673 10266128908 HOPKINS DONALD F 3 BELL ROAD JEROME AZ 86331 99,000.00
ML673 10266128963 MADEJ MARYANN H 4191 ALDERMAN PL PRESTON MD 21655 47,900.00
ML673 10266128993 PALMER GEORGE M JR 1805 RICHARDSON PLACE TAMPA FL 33606 41,900.00
ML673 10266129015 SOMMER STEVEN N 950 EAST 1000 SOUTH SPRINGVILLE UT 84663 13,500.00
ML673 10266129016 PARRISH WILLIAM S 8231 OLNEY COURT PASADENA MD 21122 59,000.00
ML673 10266129076 KLAGES BARRY L 225 ROOSEVELT STREET WASHINGTON PA 15301 37,920.00
ML673 10266129117 BEARDSLEY DONNA E 1834 EAST MANZANITA DRIVE PHOENIX AZ 85020 30,000.00
ML673 10266129119 TRIESCHMAN ELMER W JR 5106 AVOCA AVENUE ELLICOTT CITY MD 21043 26,500.00
ML673 10266129145 MILNER RICHARD B 5115 BITTERWEED LANE COLORADO SPRINGS CO 80917 120,000.00
ML673 10266129159 CROMARTIE LEO 1108 DAVIS BRIDGE RD PARKTON NC 28371 12,350.00
ML673 10266129197 SCHMER RICHARD D 1707 GLENWOOD DRIVE FORT COLLINS CO 80526 50,500.00
ML673 10266129205 ANDERSON MITCHEL C 11033 TWILIGHT PEAK LITTLETON CO 80127 103,000.00
ML673 10266129224 GILBERT DAVID L 938 NORTH 975 EAST OGDEN UT 84404 16,128.00
ML673 10266129228 EARLE NATALIE B 271 EAST 4800 SOUTH MURRAY UT 84107 29,012.00
ML673 10266129232 WALDEN WEARICA 121-39 BROOKVILLE BOULEVARD ROSEDALE NY 11422 136,000.00
ML673 10266129267 PRATHER KATHLEEN 7969 HARBOR DRIVE MONROE MI 48161 103,200.00
ML673 10266129292 NAILOS PAUL M 1109 PENNSYLVANIA AVE PALM HARBOR FL 34683 79,200.00
ML673 10266129312 BEVERLY TERHUNE 129 SOUNDVIEW AVENUE WHITE PLAINS NY 10606 155,700.00
ML673 10266129333 BOIANOFF AFANASII S 921 HERMANSON STREET WOODBURN OR 97071 40,207.00
ML673 10266129369 RHOADES DALE F 1721 RYAN DRIVE LUTZ FL 33549 30,000.00
ML673 10266129408 YU THOMAS 15145 SE 126TH AVENUE CLACKAMAS OR 97015 30,000.00
ML673 10266129425 DELLACROCE ANTOINETTE F 1810 BELLEVIEW AVENUE WESTCHESTER IL 60154 55,000.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ML673 10266127887 NICHOLS ISADORE 23,170.62 09/22/96 08/22/11 178.22 10/22/96 84.9 12.990 293.38
ML673 10266127914 HILL HARRY 35,500.00 10/18/96 09/18/11 179.11 10/18/96 59.1 11.500 414.71
ML673 10266127920 VAGNINI DANIEL P 43,737.92 10/10/96 09/10/11 178.85 11/10/96 89.9 12.250 458.98
ML673 10266127942 PUKAS DAVID M 17,476.86 10/01/96 09/01/11 178.55 11/01/96 86.4 11.400 203.32
ML673 10266127964 ONEAL PATSY D 41,200.00 10/16/96 09/16/11 179.05 10/16/96 88.6 11.950 422.20
ML673 10266127971 BLACKBURN WAYNE B 74,800.00 09/27/96 08/27/26 358.39 10/27/96 85.0 11.990 768.83
ML673 10266127981 LINN LILLIE A 181,946.27 09/14/96 08/14/11 177.96 11/14/96 80.0 10.500 1,668.48
ML673 10266128001 JONES KENNETH L 52,300.00 09/21/96 08/21/11 178.19 10/21/96 89.9 13.500 599.05
ML673 10266128035 INMAN SR ANTHONY R 35,000.00 10/23/96 09/23/11 179.28 10/23/96 84.6 13.250 448.61
ML673 10266128129 NISSIM YONA 307,520.00 09/27/96 08/27/11 178.39 10/27/96 80.0 10.700 2,859.09
ML673 10266128211 GOGERTY THOMAS W 76,458.00 10/23/96 09/23/11 179.28 10/23/96 81.2 13.250 860.74
ML673 10266128224 PALLOTTO STEPHEN 54,100.00 10/23/96 09/23/11 179.28 10/23/96 89.9 12.250 566.91
ML673 10266128230 RADYSH GEORGE J 40,000.00 10/20/96 09/20/16 239.18 10/20/96 40.5 10.500 399.35
ML673 10266128262 WEINSTEIN JAMES L 25,865.00 10/18/96 09/18/11 179.11 10/18/96 79.9 13.500 335.81
ML673 10266128376 ABRAMOWITZ STEVEN 53,000.00 10/18/96 09/18/11 179.11 10/18/96 67.9 11.750 534.99
ML673 10266128411 CUMMINGS LORISTENE 39,984.84 10/01/96 09/01/16 238.55 11/01/96 44.4 10.000 386.01
ML673 10266128515 PARISI FRANK M 17,500.00 10/17/96 09/17/11 179.08 10/17/96 77.4 10.900 197.81
ML673 10266128525 ALMGREN WILLIAM R 59,697.68 10/18/96 09/18/11 179.11 11/18/96 50.0 10.990 681.58
ML673 10266128539 BEARDEN CHARLES E 80,620.25 07/01/96 06/01/26 355.53 11/01/96 77.6 11.350 790.92
ML673 10266128541 SALISBURY GARY E 42,640.41 10/03/96 09/03/11 178.62 11/03/96 79.2 15.990 577.90
ML673 10266128543 TELFORD EDWARD B 18,000.00 09/20/96 08/20/11 178.16 10/20/96 86.3 13.500 206.17
ML673 10266128575 ELROD JR GEORGE 36,470.10 09/28/96 08/28/16 238.42 10/28/96 89.9 12.000 401.90
ML673 10266128577 BANKSTON RODNI 25,000.00 10/24/96 09/24/11 179.31 10/24/96 30.4 11.750 296.03
ML673 10266128581 GRYGA ANTHONY 22,000.00 10/16/96 09/16/11 179.05 10/16/96 77.8 10.750 246.61
ML673 10266128583 PURPURA JOSEPH F 46,900.00 10/17/96 09/17/11 179.08 10/17/96 70.0 10.990 446.29
ML673 10266128603 MONTGOMERY FRANCIS E 27,200.00 10/01/96 09/01/11 178.55 10/01/96 80.0 13.990 322.07
ML673 10266128612 AKERS MICHAEL D 79,625.00 09/20/96 08/20/11 178.16 10/20/96 65.0 14.990 1,006.18
ML673 10266128614 ALSTON CLARENCE T 72,895.93 10/01/96 09/01/11 178.55 11/01/96 85.8 12.240 887.43
ML673 10266128621 LOVE ROBERT F 59,563.43 10/20/96 09/20/11 179.18 11/20/96 84.8 12.750 747.97
ML673 10266128699 MALLON STEPHEN JAMES JR 90,876.00 10/13/96 09/13/11 178.95 11/13/96 82.4 11.700 1,078.67
ML673 10266128700 PRINTY JAMES R 47,898.48 10/04/96 09/04/11 178.65 11/04/96 89.9 12.900 606.30
ML673 10266128777 OWENS DENNIS M 15,451.00 10/18/96 09/18/11 179.11 10/18/96 80.0 12.450 189.93
ML673 10266128794 SOUDERS SHANE 42,500.00 10/03/96 09/03/11 178.62 10/03/96 81.7 9.850 368.27
ML673 10266128804 MAZZELLA ANTHONY C 127,900.84 10/01/96 09/01/11 178.55 11/01/96 80.0 11.250 1,243.21
ML673 10266128824 SALADINO DEBORAH ANN 21,700.00 10/03/96 09/03/11 178.62 10/03/96 89.7 12.750 271.00
ML673 10266128839 TOLMAN IAN 30,721.58 10/04/96 09/04/11 178.65 11/04/96 84.4 13.250 346.74
ML673 10266128841 TAYLOR LENYORK 24,000.00 10/17/96 09/17/11 179.08 10/17/96 89.8 12.250 291.91
ML673 10266128844 HOFFMAN JOHN C 29,665.00 10/11/96 09/11/11 178.88 10/11/96 85.0 14.550 364.45
ML673 10266128881 SHELLEY ROGER S 14,973.49 10/03/96 09/03/11 178.62 11/03/96 89.0 12.250 182.44
ML673 10266128895 TALBOT RYAN K 73,520.00 10/16/96 09/16/26 359.05 10/16/96 80.0 12.250 770.41
ML673 10266128908 HOPKINS DONALD F 99,000.00 10/09/96 09/09/11 178.82 10/09/96 89.9 11.150 954.04
ML673 10266128963 MADEJ MARYANN H 47,900.00 10/09/96 09/09/11 178.82 10/09/96 89.8 12.250 582.61
ML673 10266128993 PALMER GEORGE M JR 41,900.00 10/16/96 09/16/11 179.05 10/16/96 84.9 12.990 463.17
ML673 10266129015 SOMMER STEVEN N 13,500.00 10/17/96 09/17/11 179.08 10/17/96 84.9 11.000 153.44
ML673 10266129016 PARRISH WILLIAM S 59,000.00 10/01/96 09/01/11 178.55 10/01/96 85.8 12.740 736.43
ML673 10266129076 KLAGES BARRY L 37,920.00 10/20/96 09/20/16 239.18 10/20/96 80.0 10.990 391.15
ML673 10266129117 BEARDSLEY DONNA E 30,000.00 10/20/96 09/20/16 239.18 10/20/96 78.8 11.250 314.78
ML673 10266129119 TRIESCHMAN ELMER W JR 26,477.59 10/06/96 09/06/11 178.72 11/06/96 89.6 11.950 317.19
ML673 10266129145 MILNER RICHARD B 120,000.00 10/24/96 09/24/11 179.31 10/24/96 77.9 11.250 1,165.51
ML673 10266129159 CROMARTIE LEO 12,294.78 10/18/96 09/18/11 179.11 11/18/96 24.7 9.450 128.59
ML673 10266129197 SCHMER RICHARD D 50,500.00 10/13/96 09/13/11 178.95 10/13/96 74.7 12.500 622.42
ML673 10266129205 ANDERSON MITCHEL C 102,708.02 10/18/96 09/18/11 179.11 11/18/96 84.9 12.750 1,119.29
ML673 10266129224 GILBERT DAVID L 16,128.00 10/17/96 09/17/11 179.08 10/17/96 89.9 12.250 196.16
ML673 10266129228 EARLE NATALIE B 28,943.07 10/16/96 09/16/11 179.05 11/16/96 75.0 11.750 292.85
ML673 10266129232 WALDEN WEARICA 135,959.25 10/01/96 09/01/11 178.55 11/01/96 85.0 9.850 1,178.45
ML673 10266129267 PRATHER KATHLEEN 103,200.00 10/16/96 09/16/26 359.05 10/16/96 80.0 13.750 1,202.40
ML673 10266129292 NAILOS PAUL M 79,200.00 10/17/96 09/17/26 359.08 10/17/96 90.0 10.500 724.47
ML673 10266129312 BEVERLY TERHUNE 155,700.00 10/11/96 09/11/11 178.88 10/11/96 73.9 10.950 1,476.89
ML673 10266129333 BOIANOFF AFANASII S 40,207.00 10/18/96 09/18/11 179.11 10/18/96 89.9 12.250 421.33
ML673 10266129369 RHOADES DALE F 29,918.65 10/09/96 09/09/11 178.82 11/09/96 84.9 10.500 331.62
ML673 10266129408 YU THOMAS 26,059.16 10/25/96 09/25/11 179.34 10/25/96 67.2 12.000 360.05
ML673 10266129425 DELLACROCE ANTOINETTE F 55,000.00 10/12/96 09/12/16 238.92 10/12/96 84.4 10.750 558.38
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 3
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ML673 10266129430 O'CONNOR MARK C 1953 GOVERT DRIVE SCHERERVILLE IN 46375 40,500.00
ML673 10266129445 ALT THOMAS E 2574 COPPER CLIFF TRAIL WOODBURY MN 55125 48,800.00
ML673 10266129523 HOWARD PHILIP M JR 375 EAST THIRD AVENUE SALT LAKE CITY UT 84103 164,500.00
ML673 10266129527 HARVEY THELMA 625 11TH AVE N SAFETY HARBOR FL 34695 20,000.00
ML673 10266129539 LARSON BRADLEY E 1766 DREW AVENUE MOUNTAIN VIEW CA 94043 49,470.00
ML673 10266129570 PRINCELL WINSTON 1141 GRANT AVENUE CHICAGO HEIGHTS IL 60411 15,300.00
ML673 10266129595 JONES TERRY L 1493 SAN DIEGO DRIVE DUNEDIN FL 34698 28,000.00
ML673 10266129597 IACOBACCI MICHAEL B 816 DEKALB STREET NORRISTOWN PA 19401 65,000.00
ML673 10266129647 DOUGHERTY JEFFERY B 8842 MAVIS AVENUE ORANGEVALE CA 95662 127,080.00
ML673 10266129682 PAGLIERO MARC D 7792 RANCHO DESTINO ROAD LAS VEGAS NV 89123 114,750.00
ML673 10266129692 HUTCHINS MICHAEL J 1550 EAST 1100 SOUTH CLEARFIELD UT 84015 15,000.00
ML673 10266129752 HUNTER RICHARD SCOTT 389 EAST WILLOW SPRINGS LANE DRAPER UT 84020 78,830.00
ML673 10266129788 BELCHER DONALD L 26171 REDWOOD DRIVE OLMSTED FALLS OH 44138 37,000.00
ML673 10266129792 CLAVIELLE ANNA M 15237 MYRTLE HARVEY IL 60426 40,800.00
ML673 10266129816 ATKINS THEOLA 4234 WEST MAYPOLE CHICAGO IL 60624 15,000.00
ML673 10266129837 DURDEN KATHLEEN A 16162 BURGESS DETROIT MI 48219 59,400.00
ML673 10266129868 RIGGS LEZLIE V 2106-2108 GILPIN STREET DENVER CO 80205 76,500.00
ML673 10266129907 GREEN ALBERT F 4985 ZUNI STREET DENVER CO 80221 25,000.00
ML673 10266129937 VINCENT AMMIE M 10575 CHIMING BELL CIRCLE PEYTON CO 80831 33,000.00
ML673 10266129941 BARTON RICHARD A 1631 NORTH 50 EAST OREM UT 84057 33,100.00
ML673 10266129944 LOVE CHARLES 1423 MURRAY BLVD COLORADO SPRINGS CO 80915 18,764.00
ML673 10266129963 ADKINS MOTIC L 409 CAMPBELL AVE. RIVER ROUGE MI 48218 25,900.00
ML673 10266130020 HOY DAVID E VAN 15602 94TH AVE COURT EAST PUYALLUP WA 98373 36,000.00
ML673 10266130022 BROWN RUTH D 5 WILD CHERRY COURT BALTIMORE MD 21244 85,900.00
ML673 10266130061 BARRETT SHIRLEY ANNE 10673 E POWERS DR ENGLEWOOD CO 80111 53,211.00
ML673 10266130069 PARSON EUGENE B 1535 SALOMON LANE WAYNE PA 19087 145,000.00
ML673 10266130087 STANFA ILENE A 221 CONCORD DRIVE MELROSE PARK IL 60160 22,600.00
ML673 10266130110 STONE BARBARA J 5127 37TH STREET N SAINT PETERSBURG FL 33714 36,000.00
ML673 10266130115 CLEAVER CHARLIE 113 LUTHER STREET ROCKINGHAM NC 28379 40,000.00
ML673 10266130116 BOOTHE JOHN R 208 DOMINO DRIVE ABERDEEN NC 28315 71,300.00
ML673 10266130117 CHAGNON MICHAEL A 4620 WEST 109TH AVENUE WESTMINSTER CO 80030 20,550.00
ML673 10266130119 MCIVER ELMIREE 193 SARECTA ROAD KENANSVILLE NC 28349 50,575.00
ML673 10266130129 FAMOUS SHARON L 51 E WALNUT STREET PHOENIXVILLE PA 19460 24,925.00
ML673 10266130166 NICOLETTI NORA 7407 ROYAL CRESCENT CT PORT RICHEY FL 34668 14,900.00
ML673 10266130170 HARDING JESSE R 2845 MONICA DRIVE WEST COLORADO SPRINGS CO 80916 23,000.00
ML673 10266130184 CHAVEZ CANDY GLENN 1285 BRENTWOOD STREET LAKEWOOD CO 80215 68,750.00
ML673 10266130209 SINISHTAJ LUIGI 12131 19 MILE ROAD STERLING HEIGHTS MI 48313 90,000.00
ML673 10266130256 SOLETTO MICHAEL G 2803 WEST ADAMS STREET INVERNESS FL 34450 44,000.00
ML673 10266130282 SERVOCKY JOSEPH N 2734 FOURTH STREET MONROEVILLE PA 15146 65,600.00
ML673 10266130293 ROBINSON JAMES W 11455 BELVEDERE ROAD GREEN MOUNTAIN FALLSCO 80819 14,000.00
ML673 10266130299 WILSON ERIC D 337 QUAKIE WAY BAILEY CO 80421 20,000.00
ML673 10266130351 WYNN JOHN 6201 HOGUE ROAD EVANSVILLE IN 47712 67,900.00
ML673 10266130366 STACEY EDWARD E 1804 CANTON HIGHWAY CUMMING GA 30130 48,700.00
ML673 10266130377 LAGRECA ANTHONY 6511 COLISEUM BLVD PORT CHARLOTTE FL 33981 41,250.00
ML673 10266130384 FREDERICK CHRISTOPHER J 12240 SW JAMES STREET TIGARD OR 97223 28,000.00
ML673 10266130401 KELLINY NABIL F 2160 WATER OAK DRIVE CLEARWATER FL 34624 41,600.00
ML673 10266130403 VINSON LISA M 5728 115TH AVE N PINELLAS PARK FL 34666 25,000.00
ML673 10266130404 RILEY KAREN 8501 55TH STREET N PINELLAS PARK FL 34665 51,300.00
ML673 10266130429 BURKE ELLEN M 3268 WEST 13010 SOUTH RIVERTON UT 84065 121,550.00
ML673 10266130432 ZANDER COREY LEE 560 NORTH 1118 EAST PROVO UT 84601 62,750.00
ML673 10266130462 HINKLE CRAIG S 322 E 3RD STREET MOLALLA OR 97038 51,238.00
ML673 10266130508 REDWINE DANNY 3314 CINCINNATI DRIVE HOLIDAY FL 34691 40,950.00
ML673 10266130572 HIDALGO G DEAN 275 EAST 1400 SOUTH GARLAND UT 84312 89,927.00
ML673 10266130579 MCCARTER JENNY LYNN 5147 SOUTH JEDEDIAH DRIVE SALT LAKE CITY UT 84118 18,000.00
ML673 10266130646 COLE MICHAEL K 14006 JEFFRIES RD. MILAN OH 44846 117,600.00
ML673 10266130694 DAVIS BETTE ANN 41 EAST MARSHALL AVENUE PITTSBURGH PA 15214 13,700.00
ML673 10266130705 RIVERA ANNA 3825 UMATILLA STREET DENVER CO 80211 63,465.00
ML673 10266130744 LEISER JOHN PAUL 430 WEST 500 SOUTH VERNAL UT 84078 18,500.00
ML673 10266130762 JONES LUCILLE W 2507 THIRD STREET EAST LEHIGH ACRES FL 33936 33,800.00
ML673 10266130768 FEINSTEIN AMENADAV 4427 LAVENDER DRIVE PALM HARBOR FL 34685 46,700.00
ML673 10266130776 SMITH NOREL 834 WEST SIMONDI AVENUE SALT LAKE CITY UT 84116 11,000.00
ML673 10266130781 WARE MICHELLE 5514 SOUTH 3375 WEST ROY UT 84067 15,815.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ML673 10266129430 O'CONNOR MARK C 40,500.00 10/20/96 09/20/16 239.18 10/20/96 89.6 11.550 433.30
ML673 10266129445 ALT THOMAS E 48,800.00 10/24/96 09/24/11 179.31 10/24/96 90.0 11.950 500.09
ML673 10266129523 HOWARD PHILIP M JR 164,500.00 10/17/96 09/17/11 179.08 10/17/96 70.0 12.190 1,716.16
ML673 10266129527 HARVEY THELMA 20,000.00 10/16/96 09/16/06 119.05 10/16/96 44.4 11.900 285.79
ML673 10266129539 LARSON BRADLEY E 49,470.00 10/01/96 09/01/11 178.55 11/01/96 86.7 11.750 499.36
ML673 10266129570 PRINCELL WINSTON 15,263.49 09/29/96 08/29/11 178.45 10/29/96 84.8 10.750 171.51
ML673 10266129595 JONES TERRY L 27,942.31 10/13/96 09/13/11 178.95 11/13/96 84.4 10.850 315.61
ML673 10266129597 IACOBACCI MICHAEL B 65,000.00 10/18/96 09/18/11 179.11 10/18/96 69.1 11.050 621.47
ML673 10266129647 DOUGHERTY JEFFERY B 126,937.52 10/04/96 09/04/11 178.65 11/04/96 90.0 11.875 1,294.95
ML673 10266129682 PAGLIERO MARC D 114,750.00 09/27/96 08/27/11 178.39 10/27/96 85.0 12.740 1,246.09
ML673 10266129692 HUTCHINS MICHAEL J 15,000.00 10/20/96 09/20/11 179.18 10/20/96 62.8 15.000 209.94
ML673 10266129752 HUNTER RICHARD SCOTT 78,830.00 09/23/96 08/23/11 178.26 10/23/96 89.9 12.850 989.62
ML673 10266129788 BELCHER DONALD L 37,000.00 10/13/96 09/13/16 238.95 10/13/96 69.5 10.500 369.40
ML673 10266129792 CLAVIELLE ANNA M 40,800.00 10/23/96 09/23/16 239.28 10/23/96 85.0 9.500 380.31
ML673 10266129816 ATKINS THEOLA 14,921.62 10/24/96 09/24/11 179.31 11/24/96 22.3 9.250 154.38
ML673 10266129837 DURDEN KATHLEEN A 59,400.00 10/05/96 09/05/26 358.68 11/05/96 90.0 11.750 599.59
ML673 10266129868 RIGGS LEZLIE V 76,500.00 10/16/96 09/16/26 359.05 10/16/96 84.0 10.150 679.84
ML673 10266129907 GREEN ALBERT F 25,000.00 10/20/96 09/20/11 179.18 10/20/96 78.4 14.000 332.94
ML673 10266129937 VINCENT AMMIE M 33,000.00 10/20/96 09/20/16 239.18 10/20/96 77.5 11.100 342.87
ML673 10266129941 BARTON RICHARD A 33,053.21 10/10/96 09/10/11 178.85 11/10/96 77.6 11.950 339.20
ML673 10266129944 LOVE CHARLES 18,643.18 10/18/96 09/18/11 179.11 11/18/96 77.2 10.400 206.26
ML673 10266129963 ADKINS MOTIC L 25,900.00 10/18/96 09/18/16 239.11 10/18/96 70.0 11.750 280.68
ML673 10266130020 HOY DAVID E VAN 36,000.00 10/03/96 09/03/16 238.62 11/03/96 84.1 13.250 428.20
ML673 10266130022 BROWN RUTH D 85,900.00 10/18/96 09/18/16 239.11 10/18/96 85.9 9.250 786.73
ML673 10266130061 BARRETT SHIRLEY ANNE 53,211.00 10/16/96 09/16/11 179.05 10/16/96 60.0 12.500 567.90
ML673 10266130069 PARSON EUGENE B 145,000.00 10/23/96 09/23/11 179.28 10/23/96 61.8 10.850 1,364.46
ML673 10266130087 STANFA ILENE A 22,510.09 10/09/96 09/09/06 118.82 11/09/96 74.9 11.500 317.75
ML673 10266130110 STONE BARBARA J 36,000.00 10/20/96 09/20/11 179.18 10/20/96 75.0 9.900 384.66
ML673 10266130115 CLEAVER CHARLIE 40,000.00 10/18/96 09/18/11 179.11 10/18/96 88.8 10.750 448.38
ML673 10266130116 BOOTHE JOHN R 71,300.00 10/18/96 09/18/11 179.11 10/18/96 45.4 9.500 599.53
ML673 10266130117 CHAGNON MICHAEL A 20,477.90 10/13/96 09/13/11 178.95 11/13/96 90.0 11.400 238.76
ML673 10266130119 MCIVER ELMIREE 50,575.00 10/23/96 09/23/11 179.28 10/23/96 82.2 9.500 528.12
ML673 10266130129 FAMOUS SHARON L 24,925.00 10/24/96 09/24/16 239.31 10/24/96 90.0 11.400 264.09
ML673 10266130166 NICOLETTI NORA 14,900.00 10/24/96 09/24/16 239.31 10/24/96 84.9 11.200 155.83
ML673 10266130170 HARDING JESSE R 23,000.00 10/25/96 09/25/11 179.34 10/25/96 79.7 12.400 281.99
ML673 10266130184 CHAVEZ CANDY GLENN 68,488.96 10/18/96 09/18/11 179.11 11/18/96 55.0 14.000 814.60
ML673 10266130209 SINISHTAJ LUIGI 90,000.00 10/09/96 09/09/26 358.82 10/09/96 90.0 11.750 908.47
ML673 10266130256 SOLETTO MICHAEL G 44,000.00 10/16/96 09/16/11 179.05 10/16/96 80.0 11.500 435.73
ML673 10266130282 SERVOCKY JOSEPH N 65,600.00 10/18/96 09/18/26 359.11 10/18/96 80.0 12.850 717.98
ML673 10266130293 ROBINSON JAMES W 14,000.00 10/16/96 09/16/16 239.05 10/16/96 81.0 12.700 161.04
ML673 10266130299 WILSON ERIC D 20,000.00 10/16/96 09/16/11 179.05 10/16/96 77.9 13.990 266.21
ML673 10266130351 WYNN JOHN 67,900.00 10/19/96 09/19/26 359.15 10/19/96 84.9 9.650 578.39
ML673 10266130366 STACEY EDWARD E 48,700.00 10/05/96 09/05/11 178.68 10/05/96 90.0 11.850 495.32
ML673 10266130377 LAGRECA ANTHONY 41,250.00 10/18/96 09/18/16 239.11 10/18/96 75.0 11.350 435.65
ML673 10266130384 FREDERICK CHRISTOPHER J 28,000.00 10/18/96 09/18/16 239.11 10/18/96 73.1 13.750 343.11
ML673 10266130401 KELLINY NABIL F 41,600.00 10/24/96 09/24/11 179.31 10/24/96 79.9 12.450 442.37
ML673 10266130403 VINSON LISA M 25,000.00 10/16/96 09/16/26 359.05 10/16/96 26.5 11.000 238.08
ML673 10266130404 RILEY KAREN 51,300.00 10/23/96 09/23/26 359.28 10/23/96 90.0 10.650 475.02
ML673 10266130429 BURKE ELLEN M 121,550.00 10/24/96 09/24/26 359.31 10/24/96 84.9 12.200 1,269.02
ML673 10266130432 ZANDER COREY LEE 62,750.00 10/23/96 09/23/11 179.28 10/23/96 69.6 11.450 619.02
ML673 10266130462 HINKLE CRAIG S 51,238.00 10/05/96 09/05/11 178.68 10/05/96 86.6 11.750 606.73
ML673 10266130508 REDWINE DANNY 40,812.83 10/17/96 09/17/16 239.08 11/17/96 77.2 9.900 392.47
ML673 10266130572 HIDALGO G DEAN 89,927.00 09/28/96 08/28/11 178.42 10/28/96 79.9 15.100 1,264.77
ML673 10266130579 MCCARTER JENNY LYNN 17,926.01 09/28/96 08/28/16 238.42 10/28/96 72.2 14.800 234.37
ML673 10266130646 COLE MICHAEL K 117,600.00 10/20/96 09/20/26 359.18 10/20/96 80.0 10.240 1,052.94
ML673 10266130694 DAVIS BETTE ANN 13,700.00 10/26/96 09/26/11 179.38 10/26/96 80.1 12.750 171.09
ML673 10266130705 RIVERA ANNA 63,075.80 10/23/96 09/23/16 239.28 11/23/96 79.9 11.100 659.40
ML673 10266130744 LEISER JOHN PAUL 18,456.52 10/11/96 09/11/11 178.88 11/11/96 83.3 12.900 232.85
ML673 10266130762 JONES LUCILLE W 33,800.00 10/24/96 09/24/11 179.31 10/24/96 41.2 10.600 375.72
ML673 10266130768 FEINSTEIN AMENADAV 46,700.00 10/23/96 09/23/11 179.28 10/23/96 89.8 10.950 442.97
ML673 10266130776 SMITH NOREL 11,000.00 10/01/96 09/01/11 178.55 10/01/96 62.7 11.900 131.31
ML673 10266130781 WARE MICHELLE 15,815.00 10/17/96 09/17/11 179.08 10/17/96 84.8 14.190 212.64
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 4
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ML673 10266130860 WILLIAMS TERRY B 8316 GALLUP ROAD SPRINGHILL FL 34608 57,680.00
ML673 10266130865 DAWKINS C WAYNE 122 PHILLIP CIRCLE ROCKINGHAM NC 28379 45,900.00
ML673 10266130914 JACKMAN DALE O 1742 EAST EDGECLIFF DRIVE SANDY UT 84092 29,000.00
ML673 10266130935 SPANN LESLIE N 111 OSCAR JOLIET IL 60433 10,800.00
ML673 10266130955 IRIZARRY ELENA 7800 ORCHID LAKE RD NEW PORT RICHEY FL 34653 48,500.00
ML673 10266130957 HARTMANN JAMES W 574 CANAL ROAD SARASOTA FL 34242 55,200.00
ML673 10266130980 YOUNG DAVID J 11989 SOUTH HIDDEN VALLEY ROA SANDY UT 84092 21,900.00
ML673 10266130982 HARMSTON TRENT C 2833 WEST 4400 SOUTH ROY UT 84067 17,383.00
ML673 10266130983 MARKWORTH CARL G 466 NORTH 2430 WEST PROVO UT 84601 18,378.00
ML673 10266131000 DOUGHERTY BERNARD J 912 SE 22ND STREET CAPE CORAL FL 33990 15,272.00
ML673 10266131049 GARRETT JOHN MAX 7160 SLOUGHHOUSE ROAD ELK GROVE CA 95624 214,200.00
ML673 10266131141 DAVIS DENNIS K 288 WEST 1200 NORTH CENTERVILLE UT 84014 22,900.00
ML673 10266131152 HALL TRACY E 635 WEST 150 NORTH ROOSEVELT UT 84006 18,153.00
ML673 10266131158 KOCH KARL JOHN 30350 PINE CREST DR EVERGREEN CO 80439 94,500.00
ML673 10266131189 CARSON RUBY M 11820 SOUTH EMERALD CHICAGO IL 60620 67,500.00
ML673 10266131244 MATHEWS ROBERT J 107 BARNSBURY ROAD LANGHORNE PA 19047 128,000.00
ML673 10266131266 BUTTERFIELD DARREN 4136 SOUTH 6740 WEST WEST VALLEY CITY UT 84120 14,000.00
ML673 10266131267 BELCHER DEE A 3287 WEST 6920 SOUTH WEST JORDAN UT 84084 46,410.00
ML673 10266131269 DEFA CHAD A 2677 SOUTH MELVILLE DRIVE MAGNA UT 84044 15,774.00
ML673 10266131281 PASICK KATHLEEN J 2222 SHADOW LAKES DRIVE SARASOTA FL 34240 43,950.00
ML673 10266131333 MARONEY ROBERT A 1714 NORTH 76TH AVENUE ELMWOOD PARK IL 60635 35,800.00
ML673 10266131343 KLEIN KERRY L 821 PLEASANTWOOD DRIVE KEWASKUM WI 53040 108,000.00
ML673 10266131353 VANPELT MICHAEL R 117 SOUTH BRADLEY INDIANAPOLIS IN 46201 29,600.00
ML673 10266131359 PRIGAL KENNETH B 506 35TH STREET WEST PALM BEACH FL 33407 97,750.00
ML673 10266131361 DITMORE RONALD L 104 WALNUT STREET UNIONTOWN PA 15401 61,000.00
ML673 10266131376 SHREWSBURY DANIEL C 4227 WEST 5740 SOUTH SALT LAKE CITY UT 84118 53,200.00
ML673 10266131403 SAMPSON GARY 3034 SOUTH CORTNEY DRIVE WEST VALLEY CITY UT 84120 23,000.00
ML673 10266131487 HUGHES RICKEY DALHART 1247 WEST 1050 NORTH LAYTON UT 84041 39,596.00
ML673 10266131521 HOLMQUIST RAYMOND L 675 STARLA COURT LOVELAND CO 80537 13,000.00
ML673 10266131564 GOLDEN DONNA 9343 S. GREENWOOD CHICAGO IL 60619 31,200.00
------------------------------------ -------------
216 Sale Total 10,893,866.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ML673 10266130860 WILLIAMS TERRY B 57,680.00 10/24/96 09/24/11 179.31 10/24/96 80.0 10.400 523.31
ML673 10266130865 DAWKINS C WAYNE 45,900.00 10/17/96 09/17/16 239.08 10/17/96 59.6 11.450 487.91
ML673 10266130914 JACKMAN DALE O 28,983.15 10/03/96 09/03/11 178.62 11/03/96 89.2 12.900 365.01
ML673 10266130935 SPANN LESLIE N 10,800.00 10/16/96 09/16/11 179.05 10/16/96 84.8 12.750 117.36
ML673 10266130955 IRIZARRY ELENA 48,500.00 10/17/96 09/17/16 239.08 10/17/96 60.6 11.750 525.60
ML673 10266130957 HARTMANN JAMES W 55,200.00 10/13/96 09/13/11 178.95 10/13/96 84.9 12.990 610.19
ML673 10266130980 YOUNG DAVID J 21,900.00 10/04/96 09/04/11 178.65 10/04/96 72.9 12.200 265.66
ML673 10266130982 HARMSTON TRENT C 17,383.00 10/04/96 09/04/16 238.65 11/04/96 78.4 14.950 228.26
ML673 10266130983 MARKWORTH CARL G 18,340.70 10/04/96 09/04/11 178.65 11/04/96 89.0 12.700 228.91
ML673 10266131000 DOUGHERTY BERNARD J 15,272.00 10/24/96 09/24/11 179.31 10/24/96 84.9 12.200 185.26
ML673 10266131049 GARRETT JOHN MAX 214,200.00 10/16/96 09/16/11 179.05 10/16/96 85.0 11.375 2,100.80
ML673 10266131141 DAVIS DENNIS K 22,900.00 10/05/96 09/05/11 178.68 10/05/96 84.7 12.950 288.99
ML673 10266131152 HALL TRACY E 18,153.00 10/05/96 09/05/11 178.68 10/05/96 85.1 12.800 227.30
ML673 10266131158 KOCH KARL JOHN 94,199.29 10/18/96 09/18/11 179.11 11/18/96 84.9 12.750 1,026.93
ML673 10266131189 CARSON RUBY M 67,500.00 10/18/96 09/18/26 359.11 10/18/96 88.8 11.450 665.87
ML673 10266131244 MATHEWS ROBERT J 128,000.00 10/23/96 09/23/11 179.28 10/23/96 80.0 11.250 1,243.21
ML673 10266131266 BUTTERFIELD DARREN 13,990.08 10/06/96 09/06/11 178.72 11/06/96 79.8 15.850 204.16
ML673 10266131267 BELCHER DEE A 46,410.00 10/06/96 09/06/11 178.72 10/06/96 89.9 12.900 584.15
ML673 10266131269 DEFA CHAD A 15,758.61 10/06/96 09/06/11 178.72 11/06/96 69.0 14.350 213.79
ML673 10266131281 PASICK KATHLEEN J 43,950.00 10/18/96 09/18/16 239.11 10/18/96 63.3 10.950 452.15
ML673 10266131333 MARONEY ROBERT A 35,800.00 10/17/96 09/17/11 179.08 10/17/96 89.9 12.740 446.85
ML673 10266131343 KLEIN KERRY L 108,000.00 10/20/96 09/20/26 359.18 10/20/96 90.0 11.450 1,065.40
ML673 10266131353 VANPELT MICHAEL R 29,528.14 10/16/96 09/16/26 359.05 11/16/96 83.3 12.250 310.18
ML673 10266131359 PRIGAL KENNETH B 97,750.00 10/17/96 09/17/26 359.08 10/17/96 85.0 9.600 829.08
ML673 10266131361 DITMORE RONALD L 61,000.00 10/19/96 09/19/11 179.15 10/19/96 65.2 10.650 679.98
ML673 10266131376 SHREWSBURY DANIEL C 53,080.31 10/05/96 09/05/11 178.68 11/05/96 70.0 13.590 693.89
ML673 10266131403 SAMPSON GARY 23,000.00 10/10/96 09/10/11 178.85 10/10/96 83.1 13.350 260.73
ML673 10266131487 HUGHES RICKEY DALHART 39,596.00 10/10/96 09/10/11 178.85 11/10/96 89.8 13.150 442.66
ML673 10266131521 HOLMQUIST RAYMOND L 13,000.00 10/24/96 09/24/11 179.31 10/24/96 77.8 13.500 168.78
ML673 10266131564 GOLDEN DONNA 31,200.00 10/23/96 09/23/11 179.28 10/23/96 65.0 11.500 308.97
------------------------------------ ------------- ------ --------------------------
216 Sale Total 10,882,210.00 219.49 78.6 11.790 115,928.06
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 5
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ML674 10266122559 JOHNSON MAYNARD L 420 LAKESHORE DR DULUTH GA 30136 35,000.00
ML674 10266122838 ROSSINI ALBERT 550 SHERIDAN ROAD WINNETKA IL 60093 444,500.00
ML674 10266123404 RAGSDALE PEARLIE M 2 BIGELOW DRIVE HARRISBURG PA 17103 45,000.00
ML674 10266125689 LENTINE DOLORES 2455 S MULBERRY MESA AZ 85202 23,800.00
ML674 10266126760 EASTBURN HARRY C 5 WICKER DRIVE LITITZ PA 17543 117,300.00
ML674 10266128068 SOBH FADI 6156 ARGYLE DEARBORN MI 48126 72,000.00
ML674 10266128514 FLYNN JANICE J 214 NORTHWEST 2ND STREET DELRAY BEACH FL 33444 56,000.00
ML674 10266128609 WILLIAMS LYNDYL P 3001 WREN CIRCLE KENNESAW GA 30144 13,600.00
ML674 10266128651 LONDON ROBERT A SR 420 LONGWOOD DR EXTON PA 19341 22,500.00
ML674 10266128652 CARPENTER STEPHEN M 1913 EAST 8TH AVENUE MESA AZ 85204 20,000.00
ML674 10266128706 MAKRAY FRANK A 11 BLUE GROUSE RIDGE LITTLETON CO 80127 80,000.00
ML674 10266128995 GILLETTE CRAIG S 8805 LAKESIDE WAY GAINESVILLE GA 30506 31,800.00
ML674 10266129078 WATERS PAULETTE 5618 WOODCREST AVENUE PHILADELPHIA PA 19131 36,000.00
ML674 10266129211 MANCHEGO STEVEN A 2415 GINA DRIVE COLORADO SPRINGS CO 80916 25,088.00
ML674 10266129283 PRATER JANET M 1446 LUNA DRIVE FOUNTAIN CO 80817 48,000.00
ML674 10266129286 STOKES TOM A 21086 BEAR CREEK ROAD BEND OR 97702 64,373.00
ML674 10266129476 GUERRIER ILIOMA 4004 CANTER CT VALRICO FL 33594 118,240.00
ML674 10266129650 HANSEN GAYLA L 3475 SUN RIVER PLACE COLORADO SPRINGS CO 80920 35,000.00
ML674 10266129705 SAVACOOL RONALD G SR 826 E PAOLI STREET ALLENTOWN PA 18103 14,000.00
ML674 10266129842 ELIZALDE RANDY J 305 S. MAIN ST. MONTICELLO IN 47960 117,000.00
ML674 10266129938 WILLARD CLARENCE S 8025 FALCON MEADOWS BLVD PEYTON CO 80831 13,964.00
ML674 10266130089 LADUC KURT J 2754 WINKLEMAN DRIVE WATERFORD MI 48329 48,000.00
ML674 10266130239 ANGILAU SIOPE T 3926 SOUTH 4800 WEST WEST VALLEY CITY UT 84120 55,416.00
ML674 10266130261 VICHITTRA SIPHAY 9462 LORENDALE CIRCLE SPRING HILL FL 34608 36,700.00
ML674 10266130576 GOODFELLOW MICHAEL R 5225 NORTH HIGHWAY 38 BRIGHAM CITY UT 84302 27,500.00
ML674 10266130708 EDDY DAVID B 23920 GENESEE VILLAGE ROAD GOLDEN CO 80401 47,500.00
ML674 10266130758 SOURWINE WILLIAM L 1252-1254 WILLOW STREET LEBANON PA 17046 55,000.00
ML674 10266130808 JOHANNES DAVID A 10475 OWENS CIRCLE WESTMINSTER CO 80021 16,500.00
ML674 10266130978 CIESLAK MANFRED A 15204 SOUTH CAMP WILLIAMS ROA RIVERTON UT 84065 15,000.00
ML674 10266131138 BUNTING HAROLD DUANE 135 WEST VALLE VU AVENUE COALVILLE UT 84017 45,000.00
ML674 10266131401 HOBBS JOEL A 4433 SOUTH CHARLES DRIVE WEST VALLEY CITY UT 84120 30,000.00
ML674 10266131451 POWELL JOHNNY M RT 2 BOX 239CC WADE NC 28395 36,500.00
ML674 10266131453 WATSON ELIZABETH T 2194 SPRING COURT FAYETTEVILLE NC 28304 33,900.00
ML674 10266131506 WEEKS WAYNE R 13375 ESTER DRIVE BROOKSVILLE FL 34613 52,500.00
ML674 10266131664 TROTT WILLIAM R 1373 SOUTH 840 WEST WOODS CROSS UT 84087 41,025.00
ML674 10266131729 LEGGETT ROBERT L 2760 KNOWLES STREET RALEIGH NC 27603 12,400.00
ML674 10266132046 BECKSTEAD ROBERT R 6639 SOUTH MILFOIL CIRCLE WEST JORDAN UT 84084 49,678.00
----------------------------------- -------------
37 Sale Total 2,035,784.00
253 Total with Merrill Lynch 12,929,650.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ML674 10266122559 JOHNSON MAYNARD L 34,764.35 08/12/96 07/12/11 176.88 11/12/96 63.3 12.250 425.70
ML674 10266122838 ROSSINI ALBERT 444,500.00 09/20/96 08/20/11 178.16 09/20/96 69.4 14.150 5,319.58
ML674 10266123404 RAGSDALE PEARLIE M 45,000.00 10/06/96 09/06/26 358.72 11/06/96 90.0 11.200 435.36
ML674 10266125689 LENTINE DOLORES 23,800.00 10/01/96 09/01/11 178.55 10/01/96 85.7 13.700 312.17
ML674 10266126760 EASTBURN HARRY C 117,300.00 10/11/96 09/11/26 358.88 11/11/96 84.6 11.990 1,205.66
ML674 10266128068 SOBH FADI 72,000.00 09/09/96 08/09/11 177.80 10/09/96 80.0 10.000 631.85
ML674 10266128514 FLYNN JANICE J 56,000.00 10/25/96 09/25/26 359.34 10/25/96 80.0 9.600 474.97
ML674 10266128609 WILLIAMS LYNDYL P 13,577.44 09/23/96 08/23/11 178.26 10/23/96 84.8 13.950 180.66
ML674 10266128651 LONDON ROBERT A SR 22,404.18 09/28/96 08/28/06 118.42 10/28/96 90.0 12.350 327.38
ML674 10266128652 CARPENTER STEPHEN M 19,881.59 10/18/96 09/18/11 179.11 11/18/96 83.8 13.250 256.35
ML674 10266128706 MAKRAY FRANK A 80,000.00 10/25/96 09/25/16 239.34 10/25/96 68.6 11.750 866.97
ML674 10266128995 GILLETTE CRAIG S 31,800.00 10/05/96 09/05/11 178.68 11/05/96 89.8 12.950 350.53
ML674 10266129078 WATERS PAULETTE 36,000.00 10/17/96 09/17/11 179.08 10/17/96 49.3 10.740 403.32
ML674 10266129211 MANCHEGO STEVEN A 25,088.00 10/25/96 09/25/11 179.34 10/25/96 85.0 13.250 321.56
ML674 10266129283 PRATER JANET M 48,000.00 10/25/96 09/25/11 179.34 10/25/96 58.5 12.500 512.28
ML674 10266129286 STOKES TOM A 64,373.00 10/25/96 09/25/16 239.34 10/25/96 89.8 11.750 697.61
ML674 10266129476 GUERRIER ILIOMA 118,240.00 10/01/96 09/01/11 178.55 11/01/96 76.7 10.990 1,125.13
ML674 10266129650 HANSEN GAYLA L 35,000.00 10/25/96 09/25/16 239.34 10/25/96 83.9 12.750 403.83
ML674 10266129705 SAVACOOL RONALD G SR 14,000.00 11/01/96 10/01/11 179.54 11/01/96 75.7 11.350 162.21
ML674 10266129842 ELIZALDE RANDY J 117,000.00 10/18/96 09/18/16 239.11 10/18/96 90.0 10.240 1,147.74
ML674 10266129938 WILLARD CLARENCE S 13,964.00 10/25/96 09/25/16 239.34 10/25/96 89.4 11.100 145.09
ML674 10266130089 LADUC KURT J 47,932.16 10/01/96 09/01/11 178.55 11/01/96 51.6 11.990 493.36
ML674 10266130239 ANGILAU SIOPE T 55,416.00 10/25/96 09/25/11 179.34 10/25/96 79.7 13.500 634.74
ML674 10266130261 VICHITTRA SIPHAY 36,700.00 10/27/96 09/27/11 179.41 10/27/96 84.9 12.150 444.01
ML674 10266130576 GOODFELLOW MICHAEL R 27,500.00 10/18/96 09/18/11 179.11 10/18/96 84.7 13.350 354.30
ML674 10266130708 EDDY DAVID B 47,500.00 10/25/96 09/25/11 179.34 10/25/96 90.0 11.600 557.91
ML674 10266130758 SOURWINE WILLIAM L 54,865.42 10/13/96 09/13/11 178.95 11/13/96 61.1 10.500 503.11
ML674 10266130808 JOHANNES DAVID A 16,500.00 10/25/96 09/25/11 179.34 10/25/96 86.3 11.550 193.28
ML674 10266130978 CIESLAK MANFRED A 14,961.96 10/04/96 09/04/11 178.65 11/04/96 62.9 11.650 176.66
ML674 10266131138 BUNTING HAROLD DUANE 45,000.00 10/05/96 09/05/11 178.68 10/05/96 67.5 12.750 561.98
ML674 10266131401 HOBBS JOEL A 29,959.34 10/06/96 09/06/11 178.72 11/06/96 49.2 14.450 408.63
ML674 10266131451 POWELL JOHNNY M 36,500.00 11/01/96 10/01/06 119.54 11/01/96 89.9 11.250 507.97
ML674 10266131453 WATSON ELIZABETH T 33,900.00 11/01/96 10/01/11 179.54 11/01/96 84.9 10.990 385.09
ML674 10266131506 WEEKS WAYNE R 52,141.64 10/27/96 09/27/26 359.41 11/27/96 69.0 12.000 540.02
ML674 10266131664 TROTT WILLIAM R 41,025.00 10/11/96 09/11/11 178.88 10/11/96 89.8 12.750 445.82
ML674 10266131729 LEGGETT ROBERT L 12,400.00 10/18/96 09/18/11 179.11 10/18/96 89.7 12.600 153.64
ML674 10266132046 BECKSTEAD ROBERT R 49,678.00 10/16/96 09/16/11 179.05 10/16/96 89.8 12.900 625.28
------------------------------------ ------------- ------ --------------------------
37 Sale Total 2,034,672.08 210.11 76.5 12.281 22,691.75
253 Total with Merrill Lynch 12,916,882.17 218.02 78.3 11.868 138,619.81
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 6
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB42 10266119879 IMBRIE CAMILLE A 1708 A WILDBERRY DR. GLENVIEW IL 60025 191,250.00
SB42 10266120280 VENUTO ANTHONY P 4286 AUGUST PLACE CINCINNATI OH 45238 150,000.00
SB42 10266121150 WATSON MARK E 2187 EAST THISTLEWOOD WAY SANDY UT 84092 47,878.00
SB42 10266121234 GOLDSTEIN COREY 1701 LYONS COURT WAUKEGAN IL 60085 54,900.00
SB42 10266122124 LAX SAMUEL 3848 CYPRESS AVENUE BROOKLYN NY 11224 30,000.00
SB42 10266123557 REYNOLDS YVONNE 5993 SHERIDAN DETROIT MI 48213 14,900.00
SB42 10266123560 ROSE HAROLD T 8576 CLINTON RIVER RD. STERLING HEIGHTS MI 48314 48,000.00
SB42 10266124034 BAUMIESTER CAROLE A 220 LANDING ROAD HILLTOP NJ 08012 50,000.00
SB42 10266124878 CUMMINGS JULIAN W 4648 EAST GLENCOVE STREET MESA AZ 85205 13,370.00
SB42 10266125247 MELENUDO NICKY JOE 2156 EAST APOLLO AVENUE TEMPE AZ 85283 15,400.00
SB42 10266125255 NEWELL WILLIAM S 11290 SPRIG COURT KLAMATH FALLS OR 97601 71,145.00
SB42 10266125287 PAWLAK DANIEL J 7 RAINBOW DRIVE SEWELL NJ 08080 214,300.00
SB42 10266125379 KNIGHTON ISAAC C 280 WEST NESQUEHONING STREET EASTON PA 18042 29,700.00
SB42 10266125390 LEBENS ENGLUND JUDITH RAE 410 NORTH 80TH AVENUE YAKIMA WA 98908 33,000.00
SB42 10266125416 LOREY ELMER D 6127 E CAROLINA DRIVE SCOTTSDALE AZ 85254 20,990.00
SB42 10266125752 PARSONS WALTER 702 HAWPATCH LAGRANGE IN 46761 60,900.00
SB42 10266125814 LESLIE AL H 108 CINDERFORD DRIVE OSWEGO IL 60543 55,500.00
SB42 10266126179 BROGDON TERRY K 6814 W READE AVENUE GLENDALE AZ 85303 20,979.00
SB42 10266126194 VAIRO FRANK L 10276 EAST CLINTON STREET SCOTTSDALE AZ 85260 40,500.00
SB42 10266126212 WATKINS JOHN L 1228 HARVEST LANE UNIVERSITY PARK IL 60466 84,500.00
SB42 10266126222 GILLUM IRMA JEAN 19712 HUBBELL DETROIT MI 48235 27,000.00
SB42 10266126247 BAIRD COLIN C 16449 NORTH 29TH LANE PHOENIX AZ 85023 17,887.00
SB42 10266126338 REGINA DAVID L 2236 SOUTH REESE STREET PHILADELPHIA PA 19148 22,400.00
SB42 10266126456 CHRISTIANS LORETTA DENISE 1621 NE 113TH STREET UNIT 132 VANCOUVER WA 98686 55,000.00
SB42 10266126622 JUMPER JACK J 1135 EAST FLYNN LANE PHOENIX AZ 85014 13,800.00
SB42 10266126696 VIEAU MARK L 1091 PAWN DRIVE GREEN BAY WI 54313 32,500.00
SB42 10266126704 MILLER MICHAEL D 20601 BIXLER ROAD HAUBSTADT IN 47639 48,300.00
SB42 10266126916 DELPERDANG MELVIN N JR 25142 EAST BROADWAY VENETA OR 97487 56,000.00
SB42 10266126939 LINSE KENIETH 6075 GUIDE MERIDIAN BELLINGHAM WA 98226 14,700.00
SB42 10266127087 DOUYON ANDRE L 2911 RAILROAD AVENUE YUBA CITY CA 95991 73,000.00
SB42 10266127206 SIMMONS BERNARD M 2136 BROWNING STREET BERKELEY CA 94702 73,658.00
SB42 10266127306 JUNK BRIAN L 38182 PALMATEER WESTLAND MI 48185 86,000.00
SB42 10266127376 BEERS RICHARD S 96 CREEK ROAD POUGHKEEPSIE NY 12601 94,500.00
SB42 10266127439 RIGGS CLYDE GREEN 550 SOUTH 1750 EAST SPANISH FORK UT 84660 24,700.00
SB42 10266127462 BARNETT ROBERT 105 EAST 7TH ROAD BROAD CHANNEL NY 11693 16,500.00
SB42 10266127517 KOVAL JOHN E JR 693 OLD PORTER ROAD BEAR DE 19701 24,000.00
SB42 10266127583 KEYS LUCIUS 7936 S. PERRY CHICAGO IL 60620 25,000.00
SB42 10266127712 MOSER CRAIG L 1114 JUANITA WAY CENTRAL POINT OR 97502 11,218.00
SB42 10266127713 GODBEE STEPHEN J 4518 EAST BURNS STREET TUCSON AZ 85711 36,604.00
SB42 10266127718 ROSE TERRY M 1925 DEXTER AVENUE NORTH SEATTLE WA 98109 41,700.00
SB42 10266127761 WAZWAZ AMY 6540 DOUGLAS DRIVE NORTH BROOKLYN PARK MN 55429 22,600.00
SB42 10266127928 GARNER CRAIG 1116 WEST 1130 NORTH OREM UT 84057 12,000.00
SB42 10266127974 GRAHAM WARREN H 14110 CHRISTIAN STREET UPPER MARLBORO MD 20772 27,000.00
SB42 10266128025 CALDWELL ROBERT A 2009 E SESAME STREET TEMPE AZ 85283 40,822.00
SB42 10266128027 MERINO CUCA L 3236 W NEBRASKA STREET TUCSON AZ 85746 23,505.00
SB42 10266128040 REESE BETTIANN 1011 DOWNING STREET DENVER CO 80218 30,000.00
SB42 10266128059 GANTNER SHERRI A 6715 WANAMAKER DRIVE REYNOLDSBERG OH 43068 56,500.00
SB42 10266128080 BOYER JR BILL W 814 ORCHARD LANE GREENWOOD IN 46142 38,500.00
SB42 10266128130 ANDREWS PLASSIE 535 39TH STREET SOUTH ST. PETERSBURG FL 33711 43,000.00
SB42 10266128220 CAMP BERNADETTE C 859 JENKINS WHEELING IL 60090 15,000.00
SB42 10266128225 SOBCZAK RICHARD W 584 W 300 N VALPARAISO IN 46383 31,000.00
SB42 10266128229 HINKLE RITA G 15572 WEST APTAKISIC ROAD LINCOLNSHIRE IL 60069 35,000.00
SB42 10266128450 GILLILAND MARTHA T 203 HARDEE STREET SPOTSYLVANIA VA 22553 69,600.00
SB42 10266128593 NEAL KEVIN 4831 KLATTE RD. CINCINNATI OH 45244 88,200.00
SB42 10266128657 SORRENTI JULIUS A 3016 IRONWOOD DRIVE CAREFREE AZ 85262 82,500.00
SB42 10266128694 JACOBSON TRAVIS W 529 EAST 800 SOUTH SALT LAKE CITY UT 84102 27,200.00
SB42 10266128703 HALL KRISTY LYNN 8062 EAST HAYNE STREET TUCSON AZ 85710 16,650.00
SB42 10266128752 BYKOWSKI RAYMOND A 11362 SOUTH CENTRAL PARK CHICAGO IL 60655 48,100.00
SB42 10266128761 ALY-KHALAFALLA MOHAMED 3109 GROVE YPSILANTI MI 48198 39,000.00
SB42 10266128818 KENT JR HOWARD G 7344 SW 54TH AVENUE PORTLAND OR 97219 26,887.00
SB42 10266128872 MAXWELL DAVID G 7252 SOUTH 2980 EAST SALT LAKE CITY UT 84121 38,945.00
SB42 10266128929 SIERRA RUTH 633 BELMONT DETROIT MI 48202 11,000.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB42 10266119879 IMBRIE CAMILLE A 191,250.00 08/01/96 07/01/11 176.52 11/01/96 75.0 11.500 1,893.94
SB42 10266120280 VENUTO ANTHONY P 150,000.00 10/01/96 09/01/16 238.55 11/01/96 80.0 10.990 1,547.26
SB42 10266121150 WATSON MARK E 47,756.30 10/17/96 09/17/11 179.08 11/17/96 84.9 13.200 537.12
SB42 10266121234 GOLDSTEIN COREY 54,892.40 07/27/96 06/27/16 236.38 10/27/96 64.9 10.750 557.36
SB42 10266122124 LAX SAMUEL 30,000.00 09/26/96 08/26/11 178.36 09/26/96 15.0 14.690 371.91
SB42 10266123557 REYNOLDS YVONNE 14,900.00 09/14/96 08/14/16 237.96 10/14/96 64.7 14.500 190.72
SB42 10266123560 ROSE HAROLD T 47,640.72 08/10/96 07/10/11 176.81 11/10/96 64.0 10.750 538.06
SB42 10266124034 BAUMIESTER CAROLE A 50,000.00 11/01/96 10/01/11 179.54 11/01/96 48.6 10.400 549.60
SB42 10266124878 CUMMINGS JULIAN W 13,370.00 09/20/96 08/20/16 238.16 10/20/96 90.0 12.900 155.69
SB42 10266125247 MELENUDO NICKY JOE 15,400.00 10/11/96 09/11/11 178.88 10/11/96 79.6 15.590 221.79
SB42 10266125255 NEWELL WILLIAM S 71,145.00 10/01/96 09/01/11 178.55 11/01/96 84.9 13.200 798.14
SB42 10266125287 PAWLAK DANIEL J 214,300.00 10/01/96 09/01/11 178.55 11/01/96 84.0 10.750 2,000.45
SB42 10266125379 KNIGHTON ISAAC C 29,700.00 10/12/96 09/12/11 178.92 11/12/96 90.0 11.500 294.12
SB42 10266125390 LEBENS ENGLUND JUDITH RAE 33,000.00 10/18/96 09/18/11 179.11 10/18/96 39.9 12.490 406.52
SB42 10266125416 LOREY ELMER D 20,990.00 10/01/96 09/01/16 238.55 10/01/96 83.8 13.200 248.91
SB42 10266125752 PARSONS WALTER 60,900.00 09/02/96 08/02/26 357.57 11/02/96 74.5 12.490 649.49
SB42 10266125814 LESLIE AL H 55,500.00 09/19/96 08/19/11 178.13 09/19/96 76.4 13.390 630.90
SB42 10266126179 BROGDON TERRY K 20,979.00 09/28/96 08/28/11 178.42 10/28/96 89.8 12.650 260.62
SB42 10266126194 VAIRO FRANK L 40,500.00 10/17/96 09/17/11 179.08 10/17/96 86.1 11.950 484.77
SB42 10266126212 WATKINS JOHN L 84,408.56 10/09/96 09/09/11 178.82 11/09/96 88.9 11.500 836.80
SB42 10266126222 GILLUM IRMA JEAN 26,997.84 09/02/96 08/02/26 357.57 11/02/96 60.0 12.750 293.41
SB42 10266126247 BAIRD COLIN C 17,887.00 10/17/96 09/17/11 179.08 10/17/96 84.7 11.600 210.09
SB42 10266126338 REGINA DAVID L 22,400.00 10/18/96 09/18/11 179.11 10/18/96 80.0 11.500 261.67
SB42 10266126456 CHRISTIANS LORETTA DENISE 54,940.05 10/16/96 09/16/11 179.05 11/16/96 68.7 10.875 518.59
SB42 10266126622 JUMPER JACK J 13,800.00 10/25/96 09/25/11 179.34 10/25/96 79.0 14.000 183.78
SB42 10266126696 VIEAU MARK L 32,500.00 10/16/96 09/16/11 179.05 10/16/96 84.8 12.750 405.87
SB42 10266126704 MILLER MICHAEL D 48,300.00 09/20/96 08/20/26 358.16 10/20/96 70.0 11.990 496.45
SB42 10266126916 DELPERDANG MELVIN N JR 56,000.00 10/11/96 09/11/11 178.88 10/11/96 80.0 13.000 619.47
SB42 10266126939 LINSE KENIETH 14,700.00 10/18/96 09/18/11 179.11 10/18/96 85.3 12.750 159.74
SB42 10266127087 DOUYON ANDRE L 73,000.00 10/01/96 09/01/11 178.55 10/01/96 89.9 12.375 772.03
SB42 10266127206 SIMMONS BERNARD M 73,603.44 10/10/96 09/10/11 178.85 11/10/96 84.9 12.750 800.44
SB42 10266127306 JUNK BRIAN L 86,000.00 11/01/96 10/01/11 179.54 11/01/96 74.7 12.250 901.19
SB42 10266127376 BEERS RICHARD S 94,500.00 11/01/96 10/01/11 179.54 11/01/96 70.0 10.500 864.43
SB42 10266127439 RIGGS CLYDE GREEN 24,700.00 10/17/96 09/17/11 179.08 10/17/96 88.9 13.150 276.13
SB42 10266127462 BARNETT ROBERT 16,500.00 10/18/96 09/18/11 179.11 10/18/96 84.9 13.500 214.22
SB42 10266127517 KOVAL JOHN E JR 23,989.16 10/01/96 09/01/11 178.55 11/01/96 68.7 11.200 275.80
SB42 10266127583 KEYS LUCIUS 24,969.29 10/11/96 09/11/11 178.88 11/11/96 35.7 11.750 296.03
SB42 10266127712 MOSER CRAIG L 11,195.28 10/10/96 09/10/11 178.85 11/10/96 81.8 11.000 127.50
SB42 10266127713 GODBEE STEPHEN J 36,604.00 10/24/96 09/24/11 179.31 10/24/96 85.0 13.250 412.08
SB42 10266127718 ROSE TERRY M 41,469.85 10/05/96 09/05/11 178.68 11/05/96 89.8 12.250 436.97
SB42 10266127761 WAZWAZ AMY 22,600.00 11/01/96 10/01/16 239.54 11/01/96 89.8 12.000 248.85
SB42 10266127928 GARNER CRAIG 12,000.00 10/03/96 09/03/11 178.62 10/03/96 85.0 13.700 157.40
SB42 10266127974 GRAHAM WARREN H 26,953.80 10/09/96 09/09/11 178.82 11/09/96 84.9 13.250 346.07
SB42 10266128025 CALDWELL ROBERT A 40,822.00 10/04/96 09/04/11 178.65 11/04/96 90.0 12.250 427.77
SB42 10266128027 MERINO CUCA L 23,505.00 10/17/96 09/17/11 179.08 10/17/96 79.9 13.350 302.83
SB42 10266128040 REESE BETTIANN 30,000.00 10/27/96 09/27/11 179.41 10/27/96 60.2 12.000 360.05
SB42 10266128059 GANTNER SHERRI A 56,500.00 10/16/96 09/16/16 239.05 10/16/96 74.9 12.750 651.90
SB42 10266128080 BOYER JR BILL W 38,500.00 10/16/96 09/16/11 179.05 10/16/96 89.8 12.250 468.28
SB42 10266128130 ANDREWS PLASSIE 43,000.00 10/27/96 09/27/26 359.41 10/27/96 78.1 11.700 432.40
SB42 10266128220 CAMP BERNADETTE C 15,000.00 10/24/96 11/24/11 181.31 10/24/96 80.3 11.750 176.91
SB42 10266128225 SOBCZAK RICHARD W 31,000.00 10/12/96 09/12/16 238.92 10/12/96 78.0 12.000 341.34
SB42 10266128229 HINKLE RITA G 34,929.83 10/01/96 09/01/11 178.55 11/01/96 16.2 11.100 400.01
SB42 10266128450 GILLILAND MARTHA T 69,600.00 09/26/96 08/26/11 178.36 10/26/96 80.0 11.500 689.24
SB42 10266128593 NEAL KEVIN 88,200.00 10/16/96 09/16/11 179.05 10/16/96 90.0 11.450 870.07
SB42 10266128657 SORRENTI JULIUS A 82,425.79 10/10/96 09/10/11 178.85 11/10/96 67.9 11.750 976.91
SB42 10266128694 JACOBSON TRAVIS W 27,200.00 09/20/96 08/20/11 178.16 10/20/96 72.6 13.300 307.28
SB42 10266128703 HALL KRISTY LYNN 16,538.38 10/24/96 09/24/11 179.31 11/24/96 79.8 13.500 216.17
SB42 10266128752 BYKOWSKI RAYMOND A 47,886.02 10/10/96 09/10/16 238.85 11/10/96 84.9 10.000 464.18
SB42 10266128761 ALY-KHALAFALLA MOHAMED 39,000.00 11/01/96 10/01/11 179.54 11/01/96 65.0 11.000 443.27
SB42 10266128818 KENT JR HOWARD G 26,887.00 10/24/96 09/24/11 179.31 10/24/96 57.7 11.000 305.60
SB42 10266128872 MAXWELL DAVID G 38,945.00 10/16/96 09/16/11 179.05 10/16/96 85.0 12.950 491.47
SB42 10266128929 SIERRA RUTH 11,000.00 10/27/96 09/27/16 239.41 10/27/96 55.0 14.250 138.79
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 7
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB42 10266128936 SCHUMACHER DONALD F 10835 ROBERTS DR MUNITH MI 49259 81,000.00
SB42 10266128939 SIPE MERRY C 11026 192ND AVE NW ELK RIVER MN 55330 29,000.00
SB42 10266129239 MALLORY HARRY L 10916 S GREEN ST CHICAGO IL 60643 50,000.00
SB42 10266129249 SCHOENICK J SCOTT 161 SOUTH EDISON AVENUE ELGIN IL 60123 19,000.00
SB42 10266129314 HALEY EDWARD G 3226 SAVOY WAY SARASOTA FL 34232 69,000.00
SB42 10266129439 MCKINLEY JOHNNIE M 1911 FORESTVIEW DRIVE CLEVELAND HEIGHTS OH 44118 62,100.00
SB42 10266129458 CLARK ROBBIN S 6352 FOUNTAIN SPRINGS INDIANAPOLIS IN 46236 42,700.00
SB42 10266129492 ROBERTSON TIMOTHY D 803 SW 4TH STREET GRESHAM OR 97080 59,000.00
SB42 10266129557 GIPSON CHRISTOPHER 14527 SOUTH MINERVA DOLTON IL 60419 80,100.00
SB42 10266129620 CHANDLER JANET 517 WOODELL DRIVE SAFETY HARBOR FL 34695 10,000.00
SB42 10266129724 RICHINS WILLIAM CURTIS 8645 SOUTH ROYAL CREST DRIVE WEST JORDAN UT 84088 68,000.00
SB42 10266129757 COLBY III ORRIN TETHER 406 NORTH OAKLEY STREET SALT LAKE CITY UT 84116 43,000.00
SB42 10266129789 ANGEL DAVID W 1130 GRENADA DR. AURORA IL 60506 17,500.00
SB42 10266129804 SUMLER HESTER 9538 S GREEN STREET CHICAGO IL 60643 65,400.00
SB42 10266129806 IMPALLARIA MARY E 15401 SOUTH WALNUT OAK FOREST IL 60452 59,500.00
SB42 10266129819 HELLER RICHARD ANTHONY 907 ROGERS STREET DOWNERS GROVE IL 60515 27,500.00
SB42 10266129822 MCCLINTON MAGGIE 6733 SOUTH MARSHFIELD CHICAGO IL 60636 60,000.00
SB42 10266129831 HODZIC SKENDER 21425 AVERHILL FARMINGTON HILLS MI 48336 126,000.00
SB42 10266129861 VANDERBURG FRANK J 2925 SUMMER ST SE SALEM OR 97302 24,000.00
SB42 10266129880 GILBERT MICHAEL R 451 REDWOOD WAY CHICO CA 95926 79,880.00
SB42 10266129884 FIORENTINO ROBERT 16 GERMANIA COURT TOMS RIVER NJ 08755 106,250.00
SB42 10266129924 WILSON JUNE 2807 WEST 7460 SOUTH WEST JORDAN UT 84084 13,900.00
SB42 10266129930 LANE MICHELE L 5265 WEST WAKE ROBIN DRIVE WEST JORDAN UT 84084 39,140.00
SB42 10266129948 SAMMON MICHAEL K 10756 MADISON STREET THORNTON CO 80233 18,000.00
SB42 10266129965 CARBONARO JOHN J 7200 S FRANCISCO AVE CHICAGO IL 60629 25,000.00
SB42 10266130049 TAIT TERESA L 3310 SW 330TH STREET FEDERAL WAY WA 98023 34,720.00
SB42 10266130054 MCKENNA PAULA 817 WEST PIKES PEAK AVENUE COLORADO SPRINGS CO 80905 45,000.00
SB42 10266130075 WALSH VICTORIA M 149 ALGONQUIN RD BARRINGTON HILLS IL 60010 208,000.00
SB42 10266130079 AZO AZO 6719 NORTH ARTESIAN CHICAGO IL 60645 20,000.00
SB42 10266130118 CROWSON LARRY BRUCE 1601 PLUMNELLY ROAD ROCKINGHAM NC 28379 78,500.00
SB42 10266130171 COPLEY JEFFREY D 5065 GOODNIGHT COURT COLORADO SPRINGS CO 80922 32,000.00
SB42 10266130210 GRAVES JOHN S 6882 E. COUNTY RD 100 S. PLAINFIELD IN 46168 22,000.00
SB42 10266130222 MARTINEZ SAMUEL 28383 OPENFIELD LOOP WESLEY CHAPEL FL 33543 31,125.00
SB42 10266130232 KLEIN RODNEY K 6827 WEST 53RD PLACE ARVADA CO 80002 14,454.00
SB42 10266130318 VOSS ROBERT L 887 CASS LANE ELK GROVE VILLAGE IL 60007 49,500.00
SB42 10266130347 MCBEE RALPH 3626 EAST 400 SOUTH GREENFIELD IN 46140 89,200.00
SB42 10266130368 MILLER BEADRUCILE M 204 EAST HILLSBORO STREET MOUNT OLIVE NC 28365 32,700.00
SB42 10266130369 ALBRITTON JOSEPH B 2087 HIDDEN FORGE DRIVE FAYETTEVILLE NC 28304 38,250.00
SB42 10266130376 WENTZ EUGENE L 3225 CULLENDALE DRIVE TAMPA FL 33618 22,100.00
SB42 10266130397 GATEHOUSE LOIS THOMPSON 500 NORTH MIDWAY ROAD TRACY CA 95376 34,000.00
SB42 10266130416 CARVER JIMMY F 3202 MIRAGE DRIVE COLORADO SPRINGS CO 80920 15,000.00
SB42 10266130470 KELLER JEFFREY S 6701 CONCORD TRAIL CRYSTAL LAKE IL 60012 63,000.00
SB42 10266130478 FOY RICKIE 3262 W. 155TH STREET MARKHAM IL 60426 99,000.00
SB42 10266130515 DABRUZZO VERONICA 618 MOORE AVENUE CANONSBURG PA 15317 64,712.00
SB42 10266130548 RODRIGUES BRADFORD K 5750 ALTURAS DRIVE COLORADO SPRINGS CO 80911 34,000.00
SB42 10266130569 HONE JEFFERY L 189 EAST 7615 SOUTH MIDVALE UT 84047 15,814.00
SB42 10266130577 HOPKINS DONALD F 2150 HOGAN LANE COTTONWOOD AZ 86326 75,600.00
SB42 10266130593 RUSSELL CHARLES W 34028 PEASLEY CANYON WAY AUBURN WA 98001 108,000.00
SB42 10266130615 TABER LESTER G II 751 ANDREWS BLVD. PLAINFIELD IN 46168 67,700.00
SB42 10266130647 HATCHER SAMUEL 7331 TWIN BEECH DR. INDIANAPOLIS IN 46226 58,400.00
SB42 10266130735 EALY LORENZO 240 WEST 112TH PLACE CHICAGO IL 60628 26,200.00
SB42 10266130795 HURD TERRY D 6770 GOLDFIELD DRIVE COLORADO SPRINGS CO 80911 10,750.00
SB42 10266130813 STONE ROY EARL 15933 VIA DEL SOL SAN LORENZO CA 94580 21,858.00
SB42 10266130827 MCBRIEN ENZA 75 WITCHWOOD LANE LINDENHURST IL 60046 23,700.00
SB42 10266130837 AL-MAAREJ MOHAMED 5146 PORATH DEARBORN MI 48126 44,000.00
SB42 10266130858 TAYLOR ARMANDO 3010 N ROME AVENUE TAMPA FL 33607 11,000.00
SB42 10266130917 MACGILLIVRAY DUSTIN J 1410 EAST 80 SOUTH LINDON UT 84042 81,900.00
SB42 10266130922 HANSON SHELLEY 1240 MARKET STREET NE SALEM OR 97301 32,125.00
SB42 10266130932 LOUIS THOMAS 922 MEADOW LANE STREAMWOOD IL 60107 85,600.00
SB42 10266130936 ARANDA VICTOR M 4617 BELMONT ROAD DOWNERS GROVE IL 60515 35,800.00
SB42 10266130938 EALY HORACE M 17719 SYCAMORE COUNTRY CLUB HILLS IL 60478 97,500.00
SB42 10266130974 ABEYTA MARY THERESA 5105 FLAMINGO AVENUE NW ALBUQUERQUE NM 87120 25,000.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB42 10266128936 SCHUMACHER DONALD F 80,912.34 09/26/96 08/26/26 358.36 10/26/96 85.2 11.750 817.62
SB42 10266128939 SIPE MERRY C 29,000.00 10/18/96 09/18/16 239.11 10/18/96 84.8 13.250 344.93
SB42 10266129239 MALLORY HARRY L 50,000.00 11/01/96 10/01/16 239.54 11/01/96 58.8 9.250 457.93
SB42 10266129249 SCHOENICK J SCOTT 19,000.00 11/01/96 12/01/11 181.54 11/01/96 84.7 12.250 230.21
SB42 10266129314 HALEY EDWARD G 69,000.00 10/27/96 09/27/11 179.41 10/27/96 75.0 12.500 736.41
SB42 10266129439 MCKINLEY JOHNNIE M 62,100.00 10/27/96 09/27/16 239.41 10/27/96 90.0 11.050 643.10
SB42 10266129458 CLARK ROBBIN S 42,557.58 10/11/96 09/11/11 178.88 11/11/96 20.1 14.250 575.84
SB42 10266129492 ROBERTSON TIMOTHY D 59,000.00 10/13/96 09/13/11 178.95 10/13/96 84.8 12.750 736.81
SB42 10266129557 GIPSON CHRISTOPHER 80,100.00 10/05/96 09/05/11 178.68 11/05/96 89.0 11.750 808.54
SB42 10266129620 CHANDLER JANET 10,000.00 11/01/96 10/01/11 179.54 11/01/96 85.3 11.300 115.55
SB42 10266129724 RICHINS WILLIAM CURTIS 67,925.66 10/13/96 09/13/11 178.95 11/13/96 80.0 13.000 752.22
SB42 10266129757 COLBY III ORRIN TETHER 43,000.00 09/21/96 08/21/11 178.19 10/21/96 89.8 12.900 472.31
SB42 10266129789 ANGEL DAVID W 17,500.00 10/26/96 09/26/16 239.38 10/26/96 13.5 13.600 212.55
SB42 10266129804 SUMLER HESTER 64,789.50 10/09/96 09/09/26 358.82 10/09/96 84.9 10.750 610.50
SB42 10266129806 IMPALLARIA MARY E 59,500.00 10/26/96 09/26/16 239.38 10/26/96 89.9 11.250 624.31
SB42 10266129819 HELLER RICHARD ANTHONY 27,500.00 10/03/96 09/03/11 178.62 10/03/96 89.8 12.250 334.48
SB42 10266129822 MCCLINTON MAGGIE 59,973.46 10/04/96 09/04/11 178.65 11/04/96 80.0 10.000 526.54
SB42 10266129831 HODZIC SKENDER 126,000.00 10/09/96 09/09/26 358.82 10/09/96 90.0 11.750 1,271.86
SB42 10266129861 VANDERBURG FRANK J 24,000.00 10/23/96 09/23/11 179.28 10/23/96 84.9 12.750 299.72
SB42 10266129880 GILBERT MICHAEL R 79,880.00 10/19/96 09/19/11 179.15 10/19/96 80.0 12.040 824.12
SB42 10266129884 FIORENTINO ROBERT 106,250.00 10/24/96 09/24/11 179.31 10/24/96 85.0 10.500 971.91
SB42 10266129924 WILSON JUNE 13,900.00 10/23/96 09/23/11 179.28 10/23/96 85.4 12.250 169.07
SB42 10266129930 LANE MICHELE L 39,110.69 10/09/96 09/09/11 178.82 11/09/96 79.9 12.200 408.63
SB42 10266129948 SAMMON MICHAEL K 18,000.00 11/01/96 10/01/11 179.54 11/01/96 77.9 14.000 239.71
SB42 10266129965 CARBONARO JOHN J 25,000.00 10/16/96 09/16/11 179.05 10/16/96 28.7 10.250 272.49
SB42 10266130049 TAIT TERESA L 34,720.00 10/11/96 09/11/11 178.88 10/11/96 85.0 12.700 432.46
SB42 10266130054 MCKENNA PAULA 45,000.00 10/27/96 09/27/11 179.41 10/27/96 77.0 13.500 584.24
SB42 10266130075 WALSH VICTORIA M 208,000.00 10/25/96 09/25/16 239.34 10/25/96 79.9 13.100 2,451.71
SB42 10266130079 AZO AZO 20,000.00 11/01/96 12/01/11 181.54 11/01/96 65.2 10.750 223.20
SB42 10266130118 CROWSON LARRY BRUCE 78,500.00 10/24/96 09/24/11 179.31 10/24/96 82.6 9.100 800.88
SB42 10266130171 COPLEY JEFFREY D 32,000.00 10/23/96 09/23/11 179.28 10/23/96 73.5 12.500 394.41
SB42 10266130210 GRAVES JOHN S 22,000.00 10/05/96 09/05/11 178.68 10/05/96 74.9 12.750 274.74
SB42 10266130222 MARTINEZ SAMUEL 31,125.00 11/01/96 10/01/16 239.54 11/01/96 85.9 11.350 328.72
SB42 10266130232 KLEIN RODNEY K 14,454.00 11/01/96 10/01/11 179.54 11/01/96 90.0 11.550 169.31
SB42 10266130318 VOSS ROBERT L 49,500.00 10/25/96 09/25/16 239.34 10/25/96 89.9 11.550 529.59
SB42 10266130347 MCBEE RALPH 89,200.00 10/04/96 09/04/26 358.65 11/04/96 84.9 12.500 951.99
SB42 10266130368 MILLER BEADRUCILE M 32,413.03 10/24/96 09/24/06 119.31 11/24/96 60.5 9.500 423.13
SB42 10266130369 ALBRITTON JOSEPH B 38,250.00 10/27/96 09/27/11 179.41 10/27/96 84.7 10.000 411.04
SB42 10266130376 WENTZ EUGENE L 22,100.00 10/25/96 09/25/11 179.34 10/25/96 82.2 12.150 267.37
SB42 10266130397 GATEHOUSE LOIS THOMPSON 33,848.37 10/20/96 09/20/11 179.18 11/20/96 80.0 11.200 328.94
SB42 10266130416 CARVER JIMMY F 15,000.00 11/01/96 10/01/11 179.54 11/01/96 84.7 10.150 162.57
SB42 10266130470 KELLER JEFFREY S 63,000.00 10/18/96 09/18/11 179.11 10/18/96 74.7 12.000 648.03
SB42 10266130478 FOY RICKIE 99,000.00 10/16/96 09/16/11 179.05 10/16/96 90.0 10.650 916.71
SB42 10266130515 DABRUZZO VERONICA 64,712.00 10/24/96 09/24/11 179.31 10/24/96 82.9 11.500 755.96
SB42 10266130548 RODRIGUES BRADFORD K 34,000.00 11/01/96 10/01/16 239.54 11/01/96 89.4 11.100 353.26
SB42 10266130569 HONE JEFFERY L 15,734.00 09/28/96 08/28/11 178.42 10/28/96 71.0 15.190 223.39
SB42 10266130577 HOPKINS DONALD F 75,600.00 10/16/96 09/16/11 179.05 10/16/96 70.0 9.400 630.18
SB42 10266130593 RUSSELL CHARLES W 108,000.00 10/18/96 09/18/11 179.11 10/18/96 90.0 11.875 1,100.52
SB42 10266130615 TABER LESTER G II 67,700.00 11/01/96 10/01/16 239.54 11/01/96 84.7 10.300 666.83
SB42 10266130647 HATCHER SAMUEL 58,400.00 10/05/96 09/05/26 358.68 11/05/96 89.8 11.750 589.50
SB42 10266130735 EALY LORENZO 26,200.00 10/23/96 09/23/11 179.28 10/23/96 66.0 11.750 310.24
SB42 10266130795 HURD TERRY D 10,750.00 11/01/96 10/01/11 179.54 11/01/96 75.0 13.990 143.09
SB42 10266130813 STONE ROY EARL 21,858.00 10/17/96 09/17/11 179.08 10/17/96 84.9 13.250 280.16
SB42 10266130827 MCBRIEN ENZA 23,658.19 10/13/96 09/13/11 178.95 11/13/96 89.7 12.250 288.26
SB42 10266130837 AL-MAAREJ MOHAMED 44,000.00 10/06/96 09/06/11 178.72 10/06/96 80.0 10.600 405.78
SB42 10266130858 TAYLOR ARMANDO 11,000.00 10/26/96 09/26/11 179.38 10/26/96 70.2 12.500 135.58
SB42 10266130917 MACGILLIVRAY DUSTIN J 81,900.00 10/13/96 09/13/11 178.95 10/13/96 84.9 14.250 986.64
SB42 10266130922 HANSON SHELLEY 32,125.00 11/01/96 10/01/16 239.54 11/01/96 84.7 10.100 312.14
SB42 10266130932 LOUIS THOMAS 85,600.00 11/01/96 10/01/11 179.54 11/01/96 80.0 13.250 963.66
SB42 10266130936 ARANDA VICTOR M 35,800.00 10/27/96 09/27/16 239.41 10/27/96 84.9 12.500 406.74
SB42 10266130938 EALY HORACE M 97,500.00 11/01/96 10/01/11 179.54 11/01/96 78.0 11.750 1,154.53
SB42 10266130974 ABEYTA MARY THERESA 25,000.00 10/27/96 09/27/11 179.41 10/27/96 77.4 11.750 252.35
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 8
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB42 10266131133 BOWEN DIANE L 4322 SOUTH GRADY AVENUE TAMPA FL 33611 64,800.00
SB42 10266131169 ROGERS MICHAEL P 8350 S TOP OF THE WORLD DRIVE SALT LAKE CITY UT 84121 60,000.00
SB42 10266131215 LINGWALL EVERT D 1580 NORTH MAIN STREET WILLARD UT 84340 18,000.00
SB42 10266131264 HALL DONALD N 516 NORTH 840 WEST WEST BOUNTIFUL UT 84087 30,300.00
SB42 10266131324 CAMERON ROBERT D 12492 VERNON WARREN MI 48089 42,500.00
SB42 10266131326 ALEXANDER STEVEN J 15145 DIEKMAN DOLTON IL 60419 17,000.00
SB42 10266131330 MURRAY LEWIS JR 1145 N. LONG AVE. CHICAGO IL 60651 63,700.00
SB42 10266131331 PARENTI EVE T 5621 SOUTH NASHVILLE AVENUE CHICAGO IL 60638 12,100.00
SB42 10266131337 RICO REMIGIO 1344 S. 48TH COURT CICERO IL 60650 79,000.00
SB42 10266131410 RAU KEVIN J 841 BLACKBIRD CT NE SALEM OR 97301 27,000.00
SB42 10266131432 LONG STEVEN NELSON 3596 SOUTH WENDELL CIRCLE SALT LAKE CITY UT 84106 38,132.00
SB42 10266131486 CHAPMAN KEITH A 10 SOUTH 500 WEST ROOSEVELT UT 84066 14,666.00
SB42 10266131562 MASTER PATRICIA D 8144 SOUTH WHIPPLE STREET CHICAGO IL 60652 31,500.00
SB42 10266131563 HEDA JOHN L 307 CHASE TERRACE STREAMWOOD IL 60107 82,500.00
SB42 10266131570 ALLEN ANDREW F 19928 GOULBURN DETROIT MI 48205 26,300.00
SB42 10266131575 FRIERSON GLORIA J 10412 S. EMERALD AVENUE CHICAGO IL 60628 67,500.00
SB42 10266131579 PERE VALENTIN R 784 GLENBARD ROAD GLEN ELLYN IL 60137 215,000.00
SB42 10266131598 SHOOK JAMES C 5351 RABBIT HASH RD. UNION KY 41091 128,200.00
SB42 10266131651 NOBLE AL 2276 SAMUEL COLT COURT PARK CITY UT 84060 76,000.00
SB42 10266131666 MIDLAND DONALD R JR 2409 TAMARIND DR EDGEWATER FL 32141 12,750.00
SB42 10266131831 BROSCHINSKI KARL ALFRED 6413 DIAMOND DRIVE RALEIGH NC 27610 64,600.00
SB42 10266131858 REID SCOTT W 480 FUHRIMAN DRIVE PROVIDENCE UT 84332 13,200.00
SB42 10266131896 HARGROVE SYLVIA 1367 NORTH GENERAL DRIVE SALT LAKE CITY UT 84116 29,500.00
SB42 10266131912 SIMPSON CHRISTOPHER R 5941 SOUTH DETROIT STREET LITTLETON CO 80121 44,506.00
SB42 10266131970 BAXTER WILLIAM D 944 E. MAPLE RD. HOLLY MI 48442 56,200.00
SB42 10266132045 BERGMAN LUANN 6407 SOUTH LOTUS WAY WEST JORDAN UT 84084 21,599.00
SB42 10266132139 BLACKSTONE C MICHAEL 1686 SPOTTSWOOD CIRCLE PALM HARBOR FL 34683 26,800.00
SB42 10266132209 GODIN PAUL L 2153 EAST INCA STREET MESA AZ 85213 28,900.00
SB42 10266132243 CAMPBELL KENNETH E 24764 GREENBRIER EAST POINTE MI 48021 64,600.00
----------------------------------- ------------
153 Sale Total 7,444,719.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB42 10266131133 BOWEN DIANE L 64,800.00 10/06/96 09/06/26 358.72 11/06/96 80.0 10.500 592.75
SB42 10266131169 ROGERS MICHAEL P 59,864.57 10/13/96 09/13/11 178.95 11/13/96 87.1 10.000 644.76
SB42 10266131215 LINGWALL EVERT D 18,000.00 11/01/96 10/01/11 179.54 11/01/96 79.8 13.500 233.70
SB42 10266131264 HALL DONALD N 30,250.32 10/06/96 09/06/11 178.72 11/06/96 87.5 12.900 381.38
SB42 10266131324 CAMERON ROBERT D 42,500.00 11/01/96 10/01/16 239.54 11/01/96 85.0 9.800 404.52
SB42 10266131326 ALEXANDER STEVEN J 17,000.00 11/01/96 12/01/11 181.54 11/01/96 82.1 10.300 184.96
SB42 10266131330 MURRAY LEWIS JR 63,700.00 11/01/96 10/01/16 239.54 11/01/96 74.9 11.100 661.84
SB42 10266131331 PARENTI EVE T 12,100.00 10/25/96 09/25/11 179.34 10/25/96 79.9 13.990 143.27
SB42 10266131337 RICO REMIGIO 79,000.00 10/19/96 09/19/11 179.15 10/19/96 84.0 11.850 803.49
SB42 10266131410 RAU KEVIN J 27,000.00 11/01/96 10/01/11 179.54 11/01/96 81.1 10.100 291.80
SB42 10266131432 LONG STEVEN NELSON 38,132.00 11/01/96 10/01/11 179.54 11/01/96 90.0 11.950 456.42
SB42 10266131486 CHAPMAN KEITH A 14,623.42 10/10/96 09/10/11 178.85 11/10/96 78.3 15.200 207.28
SB42 10266131562 MASTER PATRICIA D 31,500.00 11/01/96 10/01/11 179.54 11/01/96 65.5 10.600 350.16
SB42 10266131563 HEDA JOHN L 82,500.00 11/01/96 10/01/26 359.54 11/01/96 73.6 11.750 832.76
SB42 10266131570 ALLEN ANDREW F 26,300.00 10/24/96 09/24/11 179.31 10/24/96 84.8 10.800 246.49
SB42 10266131575 FRIERSON GLORIA J 67,500.00 10/25/96 09/25/26 359.34 10/25/96 75.0 10.450 614.93
SB42 10266131579 PERE VALENTIN R 215,000.00 10/20/96 09/20/26 359.18 10/20/96 65.3 11.250 2,088.21
SB42 10266131598 SHOOK JAMES C 128,200.00 10/24/96 09/24/26 359.31 10/24/96 89.9 11.450 1,264.67
SB42 10266131651 NOBLE AL 76,000.00 10/23/96 09/23/11 179.28 10/23/96 90.0 13.150 849.63
SB42 10266131666 MIDLAND DONALD R JR 12,750.00 11/01/96 10/01/11 179.54 11/01/96 84.8 12.200 154.67
SB42 10266131831 BROSCHINSKI KARL ALFRED 64,600.00 11/01/96 10/01/16 239.54 11/01/96 85.0 11.600 693.37
SB42 10266131858 REID SCOTT W 13,200.00 10/13/96 09/13/16 238.95 10/13/96 55.6 14.350 167.51
SB42 10266131896 HARGROVE SYLVIA 29,500.00 11/01/96 10/01/11 179.54 11/01/96 89.6 11.950 353.10
SB42 10266131912 SIMPSON CHRISTOPHER R 44,506.00 11/01/96 10/01/11 179.54 11/01/96 85.0 10.700 497.50
SB42 10266131970 BAXTER WILLIAM D 56,200.00 11/01/96 10/01/16 239.54 11/01/96 68.5 12.000 618.81
SB42 10266132045 BERGMAN LUANN 21,599.00 10/16/96 09/16/16 239.05 10/16/96 64.9 15.850 298.07
SB42 10266132139 BLACKSTONE C MICHAEL 26,800.00 11/01/96 10/01/11 179.54 11/01/96 89.9 11.600 314.78
SB42 10266132209 GODIN PAUL L 28,900.00 10/25/96 09/25/11 179.34 10/25/96 89.9 11.600 288.40
SB42 10266132243 CAMPBELL KENNETH E 64,600.00 10/25/96 09/25/26 359.34 10/25/96 78.7 11.850 657.03
----------------------------------- ------------ ------ ------------------------
153 Sale Total 7,441,452.84 219.23 78.8 11.783 79,928.32
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule Page 9
A division of Superior Bank FSB 1996-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/15/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SBCL7 10266078847 MILES JACQUELINE 5030 FIRST STREET NW WASHINGTON DC 20011 225,000.00
SBCL7 10266100907 COLLIER ERNESTINE 11107-11 SOUTH EMERALD CHICAGO IL 60628 259,000.00
SBCL7 10266118154 HUSARICK RICHARD L 2901-09 DETROIT AVENUE CLEVELAND OH 44113 172,300.00
SBCL7 10266121909 GUERRERO SERAFIN 1646 W. 18TH ST. CHICAGO IL 60608 73,600.00
SBCL7 10266122143 WILLIAMS EMMANUEL 2007 FOSTER AVENUE BROOKLYN NY 11210 206,000.00
SBCL7 10266126127 DUBLIN TREVOR 864 NOSTRAND AVENUE BROOKLYN NY 11225 105,000.00
SBCL7 10266126607 YOUNG LOGAN MOO 230 MOFFAT STREET BROOKLYN NY 11207 104,000.00
SBCL7 10266127282 LLANOS VICTOR 1311 HARROD AVENUE BRONX NY 10472 151,200.00
SBCL7 10266127825 ABBE SYD 593 METROPOLITAN AVENUE BROOKLYN NY 11211 172,500.00
SBCL7 10266129322 METRO PROPERTY ASSOCIATES 571-573 MAPLE AVENUE 36-38 WE HARTFORD CT 06101 400,000.00
SBCL7 10266129544 MANNING MICHAEL E 1415-19 W 51ST STREET CHICAGO IL 60609 71,500.00
SBCL7 10266129589 HODGMAN JOHN A 543-49 W 74TH ST CHICAGO IL 60621 139,700.00
SBCL7 10266129624 HOOSEIN FARIEDA 215-30 HILLSIDE AVENUE QUEENS VILLAGE NY 11427 183,950.00
SBCL7 10266129764 SMITH JEROME A 955-59 N LAMON CHICAGO IL 60651 102,000.00
SBCL7 10266129921 JURADO CARLOS 3252-54 SOUTH MORGAN CHICAGO IL 60608 75,000.00
------------------------------------- -------------
15 Sale Total 2,440,750.00
168 Total with Superior Bank 9,885,469.00
421 Grand Total 22,815,119.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBCL7 10266078847 MILES JACQUELINE 223,294.80 08/01/95 07/01/10 164.48 11/01/96 64.1 12.750 2,495.37
SBCL7 10266100907 COLLIER ERNESTINE 259,000.00 10/01/96 09/01/11 178.55 10/01/96 70.0 12.100 3,125.12
SBCL7 10266118154 HUSARICK RICHARD L 171,523.42 09/01/96 08/01/11 177.53 12/01/96 68.9 11.100 1,969.19
SBCL7 10266121909 GUERRERO SERAFIN 73,600.00 10/01/96 09/01/11 178.55 10/01/96 47.4 13.700 869.11
SBCL7 10266122143 WILLIAMS EMMANUEL 204,964.43 10/01/96 09/01/11 178.55 11/01/96 54.9 14.750 2,847.96
SBCL7 10266126127 DUBLIN TREVOR 104,355.88 10/01/96 09/01/11 178.55 11/01/96 34.4 11.990 1,259.50
SBCL7 10266126607 YOUNG LOGAN MOO 103,773.40 10/01/96 09/01/11 178.55 11/01/96 65.0 11.100 1,188.60
SBCL7 10266127282 LLANOS VICTOR 151,200.00 10/01/96 09/01/11 178.55 10/01/96 70.0 11.990 1,591.36
SBCL7 10266127825 ABBE SYD 172,500.00 10/01/96 09/01/11 178.55 10/01/96 64.9 12.300 2,103.70
SBCL7 10266129322 METRO PROPERTY ASSOCIATES 400,000.00 11/01/96 10/01/11 179.54 11/01/96 62.1 11.600 4,698.22
SBCL7 10266129544 MANNING MICHAEL E 71,500.00 10/01/96 09/01/11 178.55 10/01/96 65.0 11.100 817.16
SBCL7 10266129589 HODGMAN JOHN A 139,700.00 10/01/96 09/01/11 178.55 10/01/96 64.9 12.300 1,703.69
SBCL7 10266129624 HOOSEIN FARIEDA 183,950.00 11/01/96 10/01/11 179.54 11/01/96 65.0 13.500 2,144.20
SBCL7 10266129764 SMITH JEROME A 102,000.00 10/01/96 09/01/11 178.55 10/01/96 56.6 12.990 1,289.88
SBCL7 10266129921 JURADO CARLOS 75,000.00 11/01/96 10/01/11 179.54 11/01/96 26.7 11.600 880.92
------------------------------------- ------------ ------ --------------------------
15 Sale Total 2,436,361.93 177.46 61.3 12.348 28,983.98
168 Total with Superior Bank 9,877,814.77 208.92 74.5 11.923 108,912.30
421 Grand Total 22,794,696.94 214.08 76.6 11.891 247,532.11
</TABLE>
SUBSEQUENT TRANSFER INSTRUMENT NUMBER THREE
Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
October 22, 1996, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1996-3, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of September 1, 1996, among Superior
Bank FSB, as Depositor, Lee Servicing Company, a Division of Superior Bank FSB,
as Servicer, and LaSalle National Bank, as Trustee (the "Pooling and Servicing
Agreement"), the Depositor and the Trustee agree to the sale by the Depositor
and the purchase by the Trustee, on behalf of the Trust Fund, of the Mortgage
Loans listed on the attached Schedule of Mortgage Loans (the "Subsequent
Mortgage Loans").
Capitalized terms used and not defined herein have their respective
meanings as set forth in the Pooling and Servicing Agreement.
Section 1. Conveyance of Subsequent Mortgage Loans.
(a) The Depositor does hereby sell, transfer, assign, set over and convey
to the Trustee, on behalf of the Trust Fund, without recourse, all of its right,
title and interest in and to the Subsequent Mortgage Loans, excepting the
Depositor's Yield, and including all amounts due on the Subsequent Mortgage
Loans after the related Subsequent Cut-Off Date, and all items with respect to
the Subsequent Mortgage Loans to be delivered pursuant to Section 2.04 of the
Pooling and Servicing Agreement; provided, however that the Depositor reserves
and retains all right, title and interest in and to amounts (including
Prepayments, Curtailments and Excess Payments) due on the Subsequent Mortgage
Loans on or prior to the related Subsequent Cut-off Date. The Depositor,
contemporaneously with the delivery of this Agreement, has delivered or caused
to be delivered to the Trustee or, if a Custodian has been appointed pursuant to
Section 12.12 of the Pooling and Servicing Agreement, to the Custodian each item
set forth in Section 2.04 of the Pooling and Servicing Agreement. The transfer
to the Trustee by the Depositor of the Subsequent Mortgage Loans identified on
the Mortgage Loan Schedule shall be absolute and is intended by the Depositor,
the Servicer, the Trustee and the Certificateholders to constitute and to be
treated as a sale by the Depositor to the Trust Fund.
(b) The expenses and costs relating to the delivery of the Subsequent
Mortgage Loans, this Instrument and the Pooling and Servicing Agreement shall be
borne by the Depositor.
(c) Additional terms of the sale are set forth on Attachment A hereto.
1
<PAGE>
Section 2. Representations and Warranties; Conditions Precedent.
(a) The Depositor hereby affirms the representations and warranties set
forth in Section 3.02 of the Pooling and Servicing Agreement that relate to the
Subsequent Mortgage Loans as of the date hereof. The Depositor hereby confirms
that each of the conditions set forth in Section 2.10(b), and as applicable,
Section 2.10(c) or Section 2.10(d), of the Pooling and Servicing Agreement are
satisfied as of the date hereof.
(b) All terms and conditions of the Pooling and Servicing Agreement are
hereby ratified and confirmed; provided, however, that in the event of any
conflict the provisions of this Instrument shall control over the conflicting
provisions of the Pooling and Servicing Agreement.
Section 3. Recordation of Instrument.
To the extent permitted by applicable law, this Instrument, or a memorandum
thereof if permitted under applicable law, is subject to recordation in all
appropriate public offices for real property records in all of the counties or
other comparable jurisdictions in which any or all of the properties subject to
the Mortgages are situated, and in any other appropriate public recording office
or elsewhere, such recordation to be effected by the Servicer at the
Certificateholders' expense on direction of the related Majority
Certificateholders, but only when accompanied by an Opinion of Counsel to the
effect that such recordation materially and beneficially affects the interests
of the Certificateholders or is necessary for the administration or servicing of
the Mortgage Loans.
Section 4. Governing Law.
This Instrument shall be construed in accordance with the laws of the State
of New York and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws, without giving effect to
principles of conflicts of law.
Section 5. Counterparts.
This Instrument may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same instrument.
2
<PAGE>
Section 6. Successors and Assigns.
This Instrument shall inure to the benefit of and be binding upon the
Depositor and the Trustee and their respective successors and assigns.
SUPERIOR BANK FSB
By: /s/ William Bracken
---------------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
AFC MORTGAGE LOAN ASSET
BACKED CERTIFICATES, SERIES 1996-3
By: LASALLE NATIONAL BANK,
-------------------------------------
as Trustee
By: /s/ Shashank Mishra
---------------------------------------
Name: Shashank Mishra
Title: Vice President
Attachments
A. Additional terms of the sale.
B. Schedule of Subsequent Mortgage Loans.
C. Opinions of Depositor's counsel (bankruptcy, corporate).
D. Depositor's Officer's certificate.
E. Opinion of Trustee's Counsel.
3
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1996-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 1
Series 1996-3
October 22, 1996
A.
1. Subsequent Cut-off Date: October 21, 1996
2. Pricing Date:
3. Subsequent Transfer Date: October 22, 1996
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $10,073,947.16
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject of this Instrument:
1. Shortest original term to maturity: 120 months
2. Longest original term to maturity: 360 months
3. Lowest Mortgage Rate: 9.15%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $484,000.00
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: 1.28 months
7. November 1996 first payment date: 4.41
8. WAC of all Mortgage Loans: 11.65039%
9. WAM of all Mortgage Loans: 216.69 months
10. Maximum Weighted average CLTV: 76.67%
11. Balloon Loans: 45.87%
12. Largest Principal Balance: $500,000.00
13. Non-owner occupied Mortgaged Properties: 5.87%
14. Maximum zip code concentration: 0.66%
15. Condominiums: 0.97%
16. Single-family: 85.38%
17. Multifamily and Mixed Use Properties: 4.00%
4
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1996-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 2
Series 1996-3
October 22, 1996
A.
1. Subsequent Cut-off Date: October 21, 1996
2. Pricing Date:
3. Subsequent Transfer Date: October 22, 1996
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $4,141,678.53
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject of this Instrument:
1. Shortest original term to maturity: 360 months
2. Longest original term to maturity: 360 months
3. Minimum Gross Margin: 3.75%
4. Greatest LTV: 90.00%
5. Largest Principal Balance: $259,200.00
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: 0.99 months
7. December 1996 first payment date: -0-
8. WA Gross Margin of all Mortgage Loans: 6.15625%
9. WAC of all Mortgage Loans: 9.92156%
10. WAM of all Mortgage Loans: 79.14%
11. Maximum Weighted average LTV: 79.14%
12. Largest Principal Balance: $491,446.32
13. Non-owner occupied Mortgaged Properties: 1.08%
14. Maximum zip code concentration: 3.99%
15. Condominiums: 1.32%
16. Single-family: 87.83%
17. Multifamily and Mixed Use Properties: -0-%
5
<PAGE>
ADDITION NOTICE
Date: October 22, 1996
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of
September 1, 1996, between Superior Bank FSB, as
seller (the "Depositor"), LaSalle National Bank as
trustee (the "Trustee") and Lee Servicing Company, a
division of the Depositor, as servicer, relating to
AFC Mortgage Loan Asset Backed Certificates, Series
1996-3 Sub-Pool 1
------------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated the Subsequent Mortgage Loans to be sold
to the Trust Fund on October 22, 1996, with an aggregate principal balance of
$10,073,000.00*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
*Approximate
SUPERIOR BANK FSB
By: /s/ John Soricelli
-----------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ Shashank Mishra
---------------------------
Name: Shashank Mishra
Title: Vice President
Date: October 22, 1996
<PAGE>
ADDITION NOTICE
Date: October 22, 1996
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of
September 1, 1996, between Superior Bank FSB, as
seller (the "Depositor"), LaSalle National Bank as
trustee (the "Trustee") and Lee Servicing Company, a
division of the Depositor, as servicer, relating to
AFC Mortgage Loan Asset Backed Certificates, Series
1996-3 Sub-Pool 2
----------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated Subsequent Mortgage Loans to be sold to
the Trust Fund on October 22, 1996, with an aggregate principal balance of
$4,141,678.53*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
*Approximate
SUPERIOR BANK FSB
By: /s/ John Soricelli
-----------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ Shashank Mishra
---------------------------
Name: Shashank Mishra
Title: Vice President
Date: October 22, 1996
<PAGE>
OFFICER'S CERTIFICATE
I, William Bracken hereby certify that I am the duly elected Senior Vice
President and Chief Financial Officer of Superior Bank FSB, a federally
chartered stock savings bank (the "Depositor"), and further, to the best of my
knowledge and after due inquiry, as follows:
Each condition precedent specified in Section 2.10(b), Section 2.10(c) and
Section 2.10(d) for the Subsequent Mortgage Loans of the Pooling and Servicing
Agreement, dated as of September 1, 1996, among the Depositor, Lee Servicing
Company, a division of Superior Bank FSB, and LaSalle National Bank, as Trustee
(the "Pooling and Servicing Agreement") and each condition precedent specified
in Subsequent Transfer Instrument has been satisfied by the Depositor.
Capitalized terms not otherwise defined herein have the meanings set forth
in the Pooling and Servicing Agreement.
IN WITNESS WHEREOF, I have hereunto signed my name.
Dated: October 22, 1996 By: /s/ William Bracken
-------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
<PAGE>
Page 1
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule
A division of Superior Bank FSB 1996-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/22/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB43 10266109228 BARNES RAY 3012 FERRITE LOOP LAWRENCEVILLE GA 30245 23,000.00
SB43 10266114206 KAMPMAN JAMES C 6440 150TH AVENUE N CLEARWATER FL 34620 41,600.00
SB43 10266120336 AGOVINO PASQUALE 2305 BRUNER AVENUE BRONX NY 10469 69,500.00
SB43 10266121940 MCGEE HERBERT 5053 JAY STREET NORTHEAST WASHINGTON DC 20019 64,500.00
SB43 10266122200 KAYSER JOSEPH C 1B WEST SHORE AVENUE HOPATCONG NJ 07843 36,000.00
SB43 10266122436 GERARDINO JAIRO L 179-197 COLUMBIA AVENUE UNIT PASSAIC NJ 07055 20,150.00
SB43 10266122760 CHALET ELIAS 46 PITT STREET BLOOMFIELD NJ 07003 167,000.00
SB43 10266123077 DOWELL RAYMOND E 357 MACKAY COURT STATELINE NV 89449 124,000.00
SB43 10266123261 PETERSON SCOTT D 6620 WALNUT AVENUE ORANGEVALE CA 95662 43,600.00
SB43 10266123827 ANDERSON JOHN B 4606 72ND STREET EAST TACOMA WA 98443 15,000.00
SB43 10266123836 ESCOBEDO ALDIMAR 280 SOUTH LEXINGTON AVENUE WHITE PLAINS NY 10606 207,000.00
SB43 10266123909 MARION DEIDRE 175-06 LINDEN BOULEVARD SAINT ALBANS NY 11368 122,400.00
SB43 10266124154 MOORE MELVIN 1494 EAST 58TH STREET BROOKLYN NY 11234 152,150.00
SB43 10266124491 HIGGINS JEFFREY S 8010 BUTTONBALL LANE PORT RICHEY FL 34668 62,050.00
SB43 10266124540 BOURELL DUANE M 6041 SOUTH 4840 WEST SALT LAKE CITY UT 84118 19,000.00
SB43 10266124555 CRAFT GREGORY 332 MAIN STREET CLAYSVILLE PA 15323 53,550.00
SB43 10266124629 CHRISTY CLAIR E 5260 CALAMONDIN AVENUE COCOA FL 32926 94,400.00
SB43 10266125149 ESHEL OFER 104-07 AVENUE J BROOKLYN NY 11236 148,000.00
SB43 10266125353 BLASINI STEVEN M 9 NORWOOD ROAD YONKERS NY 10710 204,750.00
SB43 10266125519 BYNOWE RICHARD 81-39 255TH STREET FLORAL PARK NY 11001 176,000.00
SB43 10266125678 CAYFORD KARL S 625 W BENTRUP STREET CHANDLER AZ 85224 28,000.00
SB43 10266125742 GRIFFIN SHERISE 4736 WEST MAYPOLE CHICAGO IL 60644 20,000.00
SB43 10266125939 GREATSINGER PHILLIP M 7 LYNN ROAD ESSEX CT 06426 20,000.00
SB43 10266126110 MOLLOY DIANE 2504 BRYN MAWR AVE ARDMORE PA 19003 105,000.00
SB43 10266126217 CRUZ ANGELO 2213 NORTH KEATING CHICAGO IL 60639 99,900.00
SB43 10266126275 FREEMAN RICHARD L 569 GREENHURST DRIVE PITTSBURGH PA 15243 101,150.00
SB43 10266126337 AMORE JULIA A 301 LONG STREET ELIZABETH PA 15037 70,200.00
SB43 10266126423 CULLEN PAUL R 167 HIGHPOINT DRIVE BARTONSVILLE PA 18321 66,400.00
SB43 10266126910 STUCKEY CHARLES W JR 2420 RALEIGH STREET HOLLYWOOD FL 33020 14,400.00
SB43 10266127227 THOMAS MARGARET E 204 HANDY STREET NEW BRUNSWICK NJ 08901 70,550.00
SB43 10266127299 GALEA RITA M 1645 LEBLANC LINCOLN PARK MI 48146 42,700.00
SB43 10266127300 JANETEAS THOMAS 333 ALEXANDER BLVD. ELMHURST IL 60126 55,800.00
SB43 10266127408 VAUGHT JOHANNA L 4703 MOUNT ZION ROAD FREDERICK MD 21702 59,000.00
SB43 10266127625 WHITNEY RUSSELL E 9448 PORT ROYALE MARTINSVILLE IN 46151 15,500.00
SB43 10266127822 LILLY JEFFREY A 1094 SMITH GAP ROAD BATH PA 18014 68,000.00
SB43 10266128124 KAUTZMAN TONY R 35016 NORTH 50TH STREET CAVE CREEK AZ 85331 150,000.00
SB43 10266128179 GALLAGHER THOMAS J 2320 CEDAR LANE SECANE PA 19018 11,500.00
SB43 10266128802 CHEPONIS KATHLEEN M 181 S GRANT STREET WILKES-BARRE PA 18702 25,200.00
SB43 10266128874 BEARD ROBERT 2841 SOUTH 900 EAST SALT LAKE CITY UT 84106 28,000.00
SB43 10266128930 LEHR LESTER 6430 WEST FAIRFIELD BERWYN IL 60402 12,200.00
SB43 10266129039 WAGNER CHRISTOPHER J 2420 MIFFLIN STREET LEBANON PA 17046 24,720.00
SB43 10266129052 SPRANG PHILIP 10040 38TH AVENUE NORTHEAST SEATTLE WA 98125 37,160.00
SB43 10266129060 KOCH EDWIN R 410 EAST 53RD STREET TACOMA WA 98404 23,230.00
SB43 10266129399 CHARLES ERNEST E 3022 S BIRCH STREET WHITEHALL PA 18052 27,000.00
SB43 10266129530 MAYHUGH DALLAS H 1220 HILFIKER LANE SE SALEM OR 97302 32,900.00
SB43 10266129569 DAVIS JASON E 621 WEST RIVER STREET NORTH ELYRIA OH 44035 46,400.00
SB43 10266129613 SHULTZ MICHAEL JOHN 12628 116TH STREET N LARGO FL 33778 72,800.00
SB43 10266129621 CHELLMAN PATRICIA L 2820 SPRINGDELL CIRCLE VALRICO FL 33594 48,900.00
SB43 10266129629 USSERY GLYN 65 WEST 200 NORTH ORANGEVILLE UT 84537 22,000.00
SB43 10266129638 MERCIER MICHAEL J 707 SAUK MOUNTAIN DRIVE SEDRO WOOLLEY WA 98284 22,156.00
SB43 10266129708 ANTHONY CHRIS R 3358 W BEERSVILLE RD NORTHAMPTON PA 18067 79,200.00
SB43 10266129713 DOYLE LAURA L 4131 DAVENTRY LANE PALM HARBOR FL 34685 49,000.00
SB43 10266129750 PARKINSON SEDLEY W 3909 SOUTH MAYTIME CIRCLE MAGNA UT 84044 38,634.00
SB43 10266129785 STRAIN LAWRENCE L 3737 SOUTH TRUCKEE WAY AURORA CO 80013 24,323.00
SB43 10266129808 THOMPSON KIMBERLY 5644 SANTA CRUZ HANOVER PARK IL 60103 20,000.00
SB43 10266129964 HYMAN VALDA MAY 18910 MARLOWE DETROIT MI 48235 46,500.00
SB43 10266130023 GREENE KEITH E 601 B HARRISON CITY RD TRAFFORD PA 15085 12,700.00
SB43 10266130155 STRINGFELLOW ROBERT J 7457 WEST MADISON CIRCLE MAGNA UT 84044 49,975.00
SB43 10266130181 HARRISON DAN T 3324 CANYON LAKE DRIVE LAS VEGAS NV 89117 24,250.00
SB43 10266130190 KARTCH JOSEPH A 709 WOODWARD BEECHER IL 60401 75,000.00
SB43 10266130196 MATHIS DELORES 18951 RENO DETROIT MI 48205 26,400.00
SB43 10266130250 LONNEN JOANNE A 204 ALABAMA CT LEHIGH ACRES FL 33936 39,900.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB43 10266109228 BARNES RAY 22,659.89 05/08/96 04/08/11 173.52 11/08/96 69.6 11.000 261.42
SB43 10266114206 KAMPMAN JAMES C 41,600.00 08/01/96 07/01/11 176.28 10/01/96 80.0 13.750 547.03
SB43 10266120336 AGOVINO PASQUALE 68,970.85 08/01/96 07/01/11 176.28 12/01/96 69.8 12.250 728.29
SB43 10266121940 MCGEE HERBERT 64,500.00 08/01/96 07/01/26 356.28 10/01/96 75.0 12.990 712.99
SB43 10266122200 KAYSER JOSEPH C 36,000.00 10/18/96 09/18/11 178.88 10/18/96 90.0 11.500 420.55
SB43 10266122436 GERARDINO JAIRO L 20,097.94 10/09/96 09/09/11 178.59 11/09/96 74.9 9.750 213.46
SB43 10266122760 CHALET ELIAS 167,000.00 10/16/96 09/16/11 178.82 10/16/96 84.7 10.300 1,502.70
SB43 10266123077 DOWELL RAYMOND E 124,000.00 10/11/96 09/11/11 178.65 10/11/96 79.7 12.550 1,328.21
SB43 10266123261 PETERSON SCOTT D 43,600.00 09/13/96 08/13/11 177.70 10/13/96 84.9 12.500 465.33
SB43 10266123827 ANDERSON JOHN B 15,000.00 11/01/96 10/01/11 179.31 11/01/96 84.6 13.000 189.79
SB43 10266123836 ESCOBEDO ALDIMAR 207,000.00 10/26/96 09/26/11 179.15 10/26/96 90.0 11.350 2,026.25
SB43 10266123909 MARION DEIDRE 122,400.00 10/09/96 09/09/11 178.59 11/09/96 80.0 13.490 1,401.02
SB43 10266124154 MOORE MELVIN 151,585.37 10/19/96 09/19/11 178.92 11/19/96 84.5 12.000 1,565.03
SB43 10266124491 HIGGINS JEFFREY S 62,050.00 09/01/96 08/01/11 177.30 10/01/96 85.0 10.900 586.23
SB43 10266124540 BOURELL DUANE M 19,000.00 10/11/96 09/11/11 178.65 10/11/96 89.1 11.950 227.42
SB43 10266124555 CRAFT GREGORY 53,550.00 10/27/96 09/27/11 179.18 10/27/96 85.0 9.850 570.55
SB43 10266124629 CHRISTY CLAIR E 93,984.86 10/24/96 09/24/26 359.08 11/24/96 80.0 10.990 898.28
SB43 10266125149 ESHEL OFER 147,962.13 10/16/96 09/16/11 178.82 11/16/96 80.0 10.250 1,326.23
SB43 10266125353 BLASINI STEVEN M 204,527.58 10/17/96 09/17/11 178.85 11/17/96 90.0 10.990 1,948.34
SB43 10266125519 BYNOWE RICHARD 175,871.45 10/10/96 09/10/11 178.62 11/10/96 80.0 13.250 1,981.36
SB43 10266125678 CAYFORD KARL S 28,000.00 10/05/96 09/05/11 178.45 11/05/96 89.5 13.000 309.74
SB43 10266125742 GRIFFIN SHERISE 20,000.00 10/27/96 09/27/16 239.18 10/27/96 41.6 13.990 248.56
SB43 10266125939 GREATSINGER PHILLIP M 20,000.00 10/01/96 09/01/11 178.32 11/01/96 87.4 11.900 238.75
SB43 10266126110 MOLLOY DIANE 104,865.04 10/06/96 09/06/11 178.49 11/06/96 75.5 11.500 1,226.60
SB43 10266126217 CRUZ ANGELO 99,143.38 09/21/96 08/21/11 177.96 10/21/96 90.0 11.850 1,016.06
SB43 10266126275 FREEMAN RICHARD L 101,150.00 09/27/96 08/27/26 358.16 10/27/96 85.2 12.240 1,059.17
SB43 10266126337 AMORE JULIA A 70,200.00 11/01/96 10/01/11 179.31 11/01/96 75.0 11.500 695.18
SB43 10266126423 CULLEN PAUL R 66,400.00 10/27/96 09/27/11 179.18 10/27/96 80.0 9.990 582.22
SB43 10266126910 STUCKEY CHARLES W JR 14,400.00 10/27/96 09/27/11 179.18 10/27/96 80.2 12.000 172.82
SB43 10266127227 THOMAS MARGARET E 70,550.00 11/01/96 10/01/11 179.31 11/01/96 85.0 11.900 720.26
SB43 10266127299 GALEA RITA M 42,700.00 11/01/96 10/01/16 239.31 11/01/96 74.9 11.750 462.74
SB43 10266127300 JANETEAS THOMAS 55,800.00 10/25/96 09/25/16 239.11 10/25/96 84.9 10.750 566.50
SB43 10266127408 VAUGHT JOHANNA L 59,000.00 11/01/96 10/01/11 179.31 11/01/96 72.6 13.000 652.66
SB43 10266127625 WHITNEY RUSSELL E 15,449.92 10/01/96 09/01/11 178.32 11/01/96 74.6 11.000 176.17
SB43 10266127822 LILLY JEFFREY A 67,995.68 10/16/96 09/16/11 178.82 11/16/96 80.0 12.500 725.74
SB43 10266128124 KAUTZMAN TONY R 150,000.00 11/01/96 10/01/26 359.31 11/01/96 75.0 11.500 1,485.44
SB43 10266128179 GALLAGHER THOMAS J 11,500.00 11/01/96 10/01/11 179.31 11/01/96 83.6 13.250 147.40
SB43 10266128802 CHEPONIS KATHLEEN M 25,200.00 10/20/96 09/20/11 178.95 10/20/96 90.0 11.740 254.18
SB43 10266128874 BEARD ROBERT 28,000.00 10/24/96 09/24/11 179.08 10/24/96 61.6 13.000 354.27
SB43 10266128930 LEHR LESTER 12,200.00 11/01/96 10/01/16 239.31 11/01/96 89.9 12.000 134.33
SB43 10266129039 WAGNER CHRISTOPHER J 24,672.88 10/09/96 09/09/16 238.59 11/09/96 79.7 10.750 250.96
SB43 10266129052 SPRANG PHILIP 37,077.86 10/20/96 09/20/11 178.95 11/20/96 79.9 13.500 425.64
SB43 10266129060 KOCH EDWIN R 23,230.00 10/24/96 09/24/11 179.08 10/24/96 89.9 12.250 282.55
SB43 10266129399 CHARLES ERNEST E 27,000.00 11/01/96 10/01/11 179.31 11/01/96 85.9 12.250 328.40
SB43 10266129530 MAYHUGH DALLAS H 32,900.00 10/24/96 09/24/11 179.08 10/24/96 84.8 13.250 421.69
SB43 10266129569 DAVIS JASON E 46,400.00 10/25/96 09/25/16 239.11 10/25/96 80.0 9.600 435.54
SB43 10266129613 SHULTZ MICHAEL JOHN 72,800.00 10/19/96 09/19/16 238.92 10/19/96 80.0 10.700 736.63
SB43 10266129621 CHELLMAN PATRICIA L 48,900.00 11/01/96 10/01/11 179.31 11/01/96 45.2 11.750 493.60
SB43 10266129629 USSERY GLYN 22,000.00 10/23/96 09/23/11 179.05 10/23/96 63.4 9.850 234.40
SB43 10266129638 MERCIER MICHAEL J 22,156.00 10/20/96 09/20/11 178.95 10/20/96 79.9 11.200 214.35
SB43 10266129708 ANTHONY CHRIS R 79,200.00 10/27/96 09/27/11 179.18 10/27/96 80.0 10.650 733.37
SB43 10266129713 DOYLE LAURA L 49,000.00 10/27/96 09/27/11 179.18 10/27/96 45.5 11.750 494.61
SB43 10266129750 PARKINSON SEDLEY W 38,246.47 10/23/96 09/23/11 179.05 11/23/96 85.0 14.550 474.63
SB43 10266129785 STRAIN LAWRENCE L 24,323.00 11/01/96 10/01/11 179.31 11/01/96 86.4 11.600 285.69
SB43 10266129808 THOMPSON KIMBERLY 20,000.00 11/01/96 10/01/16 239.31 11/01/96 22.2 11.750 216.74
SB43 10266129964 HYMAN VALDA MAY 46,500.00 10/25/96 09/25/11 179.11 10/25/96 84.5 9.500 485.56
SB43 10266130023 GREENE KEITH E 12,700.00 11/04/96 10/04/06 119.41 11/04/96 71.7 12.500 185.90
SB43 10266130155 STRINGFELLOW ROBERT J 49,975.00 09/23/96 08/23/11 178.03 10/23/96 81.9 13.450 647.17
SB43 10266130181 HARRISON DAN T 24,250.00 10/23/96 09/23/11 179.05 10/23/96 84.7 12.700 302.05
SB43 10266130190 KARTCH JOSEPH A 75,000.00 10/26/96 09/26/16 239.15 10/26/96 60.0 9.150 682.05
SB43 10266130196 MATHIS DELORES 26,400.00 10/25/96 09/25/11 179.11 10/25/96 80.0 10.400 290.19
SB43 10266130250 LONNEN JOANNE A 39,900.00 11/01/96 10/01/16 239.31 11/01/96 71.2 11.650 429.64
</TABLE>
<PAGE>
Page 2
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule
A division of Superior Bank FSB 1996-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/22/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB43 10266130273 MULLINS EDWARD M 678 OAKWOOD DRIVE DUNEDIN FL 34698 65,800.00
SB43 10266130301 VIRGIN WAYNE 8028 132ND AVENUE NE KIRKLAND WA 98033 33,260.00
SB43 10266130418 MENDES LUCIO 12481 DEWEY ROAD BONITA SPRINGS FL 33923 52,000.00
SB43 10266130528 DOLAN JERRY J 13138 BELLAIRE COURT THORNTON CO 80241 47,645.00
SB43 10266130561 LANDRETH CINDI K 2523 UTTER STREET BELLINGHAM WA 98225 20,500.00
SB43 10266130607 MENZINGER WALTER P 11 SYCAMORE AVENUE FARMINGVILLE NY 11738 85,000.00
SB43 10266130765 PYLE GEORGE M 3262 50TH AVENUE N SAINT PETERSBURG FL 33714 30,400.00
SB43 10266130794 CZARNEK TIMOTHY J 3452 SOUTH CLAY STREET ENGLEWOOD CO 80110 50,000.00
SB43 10266130806 WILLIAMS WILLIE LENWOOD 11917 159TH STREET EAST PUYALLUP WA 98374 31,000.00
SB43 10266130862 LAMB JAMES THOMAS 1501 TOMAHAWK HWY HARRELLS NC 28444 39,000.00
SB43 10266130996 GARVIN SANDRA H 18191 SLATER ROAD FORT MYERS FL 33917 30,000.00
SB43 10266131010 FUCA ROBERT A JR 2212 SIDEWINDER DRIVE PARK CITY UT 84060 137,600.00
SB43 10266131070 HELTON JIM G 3053 BROOKWOOD DR. EDGEWOOD KY 41017 145,600.00
SB43 10266131265 MOUNT JAMES H 712 SUNNY PINE WAY C3 GREENACRES FL 33415 39,900.00
SB43 10266131268 BOWERS DON R 5712 HOLLEY COURT PALM HARBOR FL 34685 17,800.00
SB43 10266131366 PEREIRA TAMMY L 3040 HIDDEN HILLS DRIVE PALM HARBOR FL 34683 70,000.00
SB43 10266131501 GRAHAM SHERILYN JEANE 612 S WILLOW AVE AVON PARK FL 33825 50,000.00
SB43 10266131573 VACCARELLI ANTHONY R 1077 S. PARK TERRACE, UNIT 20 CHICAGO IL 60605 27,100.00
SB43 10266131695 HUNT MARCIE A 2396 SUNDEW AVENUE GROVE CITY OH 43123 19,200.00
SB43 10266131859 SIMPSON ALAN W 265 KILLDEER COURT FOSTER CITY CA 94404 76,000.00
SB43 10266131940 PONSONBY TIMOTHY E 717 SELBOURNE RD. RIVERSIDE IL 60546 55,000.00
SB43 10266132006 LUDWICK SUSAN L 176 JENKINS AVE LANSDALE PA 19446 46,541.00
SB43 10266132093 OLSON HAROLD R 1108 SANTA ANITA DRIVE HANOVER PARK IL 60103 75,000.00
SB43 10266132107 PEARSON RICKY 7340 S CLAREMONT CHICAGO IL 60636 43,500.00
SB43 10266132108 VENETSANAKOS NICOLAOS 3831 IVANHOE COURT SCHILLER PARK IL 60176 28,000.00
SB43 10266132113 OTIS RALPH C 8510 SPRINGBROOK ROAD ROCKFORD IL 61114 65,000.00
SB43 10266132311 SUTTON MARY 128 CREST AVE LANCASTER PA 17602 113,400.00
SB43 10266132667 HOWARD KYLE D 135 22ND AVE NE SAINT PETERSBURG FL 33704 67,575.00
SB43 10266132707 BRITT JOHN M 4470 85TH TERRACE NORTH PINELLAS PARK FL 34665 43,000.00
SB43 10266132735 TINSLEY GARY T SR 247 WEST 17TH STREET JACKSONVILLE FL 32206 19,000.00
---------------------------------- --------------
92 Sale Total 5,374,119.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB43 10266130273 MULLINS EDWARD M 65,800.00 10/25/96 09/25/11 179.11 10/25/96 79.2 10.650 609.29
SB43 10266130301 VIRGIN WAYNE 33,260.00 10/23/96 09/23/11 179.05 10/23/96 89.9 11.350 385.37
SB43 10266130418 MENDES LUCIO 52,000.00 11/01/96 10/01/26 359.31 11/01/96 65.0 10.950 493.24
SB43 10266130528 DOLAN JERRY J 47,645.00 11/01/96 10/01/11 179.31 10/01/96 84.8 12.750 517.75
SB43 10266130561 LANDRETH CINDI K 20,500.00 10/23/96 09/23/11 179.05 10/23/96 79.8 11.200 235.58
SB43 10266130607 MENZINGER WALTER P 84,806.06 10/23/96 09/23/26 359.05 11/23/96 55.1 10.900 803.06
SB43 10266130765 PYLE GEORGE M 30,400.00 10/24/96 09/24/11 179.08 10/24/96 83.9 10.350 333.22
SB43 10266130794 CZARNEK TIMOTHY J 49,890.34 10/13/96 09/13/26 358.72 11/13/96 69.4 9.900 435.10
SB43 10266130806 WILLIAMS WILLIE LENWOOD 31,000.00 11/01/96 10/01/11 179.31 11/01/96 84.6 11.950 371.06
SB43 10266130862 LAMB JAMES THOMAS 39,000.00 11/07/96 10/07/11 179.51 11/07/96 79.5 11.700 392.18
SB43 10266130996 GARVIN SANDRA H 30,000.00 11/04/96 10/04/16 239.41 11/04/96 67.9 11.900 328.24
SB43 10266131010 FUCA ROBERT A JR 137,600.00 11/07/96 10/07/26 359.51 11/07/96 80.0 12.500 1,468.55
SB43 10266131070 HELTON JIM G 145,600.00 10/24/96 09/24/11 179.08 10/24/96 80.0 9.600 1,234.92
SB43 10266131265 MOUNT JAMES H 39,900.00 10/11/96 09/11/11 178.65 10/11/96 70.0 10.500 364.98
SB43 10266131268 BOWERS DON R 17,800.00 11/01/96 10/01/16 239.31 11/01/96 89.9 11.100 184.94
SB43 10266131366 PEREIRA TAMMY L 70,000.00 10/24/96 09/24/26 359.08 10/24/96 61.6 10.850 658.70
SB43 10266131501 GRAHAM SHERILYN JEANE 50,000.00 11/09/96 10/09/11 179.57 11/09/96 79.3 11.150 573.02
SB43 10266131573 VACCARELLI ANTHONY R 27,100.00 11/01/96 10/01/11 179.31 11/01/96 47.9 11.250 312.29
SB43 10266131695 HUNT MARCIE A 19,200.00 11/01/96 10/01/16 239.31 11/01/96 85.2 11.300 202.12
SB43 10266131859 SIMPSON ALAN W 76,000.00 10/24/96 09/24/11 179.08 10/24/96 83.9 11.700 764.24
SB43 10266131940 PONSONBY TIMOTHY E 55,000.00 11/01/96 10/01/16 239.31 11/01/96 22.4 11.250 577.09
SB43 10266132006 LUDWICK SUSAN L 46,541.00 10/27/96 09/27/11 179.18 10/27/96 79.9 12.950 587.33
SB43 10266132093 OLSON HAROLD R 75,000.00 11/01/96 10/01/16 239.31 11/01/96 57.6 11.250 786.94
SB43 10266132107 PEARSON RICKY 43,500.00 10/01/96 09/01/11 178.32 10/01/96 75.0 13.250 557.56
SB43 10266132108 VENETSANAKOS NICOLAOS 28,000.00 10/25/96 09/25/11 179.11 10/25/96 67.4 11.875 333.80
SB43 10266132113 OTIS RALPH C 65,000.00 11/01/96 10/01/11 179.31 11/01/96 53.8 11.000 738.79
SB43 10266132311 SUTTON MARY 113,400.00 11/01/96 10/01/11 179.31 11/01/96 90.0 11.100 1,088.51
SB43 10266132667 HOWARD KYLE D 67,575.00 11/01/96 10/01/26 359.31 11/01/96 85.0 11.900 689.89
SB43 10266132707 BRITT JOHN M 43,000.00 11/01/96 10/01/26 359.31 11/01/96 84.3 10.900 406.25
SB43 10266132735 TINSLEY GARY T SR 19,000.00 11/01/96 10/01/11 179.31 11/01/96 44.1 11.350 220.15
--------------------------------- ------------ --------- ---------------------------
92 Sale Total 5,370,062.70 216.15 77.8 11.535 55,834.79
</TABLE>
<PAGE>
Page 3
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule
A division of Superior Bank FSB 1996-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/22/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB44 10266118338 AVILLA FABIAN I 8 GILLARD AVENUE STATEN ISLAND NY 10312 25,000.00
SB44 10266119483 YOUNG ROBERT E JR 315 EAST GREGSON AVENUE SALT LAKE CITY UT 84115 41,000.00
SB44 10266120953 BAGSIYAO CORAZON M 34 TARA DRIVE POMONA NY 10970 158,400.00
SB44 10266124406 LAURO DONALD 9 AMSTERDAM AVENUE BRONXVILLE NY 10708 50,000.00
SB44 10266125296 JAMES RALPH II 965 GREEN PLACE BALDWIN HARBOR NY 11510 213,600.00
SB44 10266126499 TRAN THOAI 21 CALIFORNIA AVE ATLANTIC CITY NJ 08401 55,300.00
SB44 10266127347 KASPARIAN CHARLES H 804 DORSETT AVENUE VENTNOR NJ 08406 64,000.00
SB44 10266127379 PRIDGEN LATHAN 213-217 PARKSIDE ROAD PLAINFIELD NJ 07060 12,000.00
SB44 10266127382 MCKAY CHRIS 16 NORTH STREET WALTON NY 13856 76,800.00
SB44 10266127554 FLORES MIGUEL A 4608 SOUTH 19TH AVENUE PHOENIX AZ 85041 24,750.00
SB44 10266128472 HEDGES CURTIS N 2121 SE MULBERRY DRIVE MILWAUKIE OR 97267 37,810.00
SB44 10266128988 DELANEY MAUREEN 122 BENZ STREET ANSONIA CT 06401 65,000.00
SB44 10266129046 LOGAN LIZ M 169 LENOX AVENUE UNIONDALE NY 11553 99,000.00
SB44 10266129137 STONG DENNIS F 2855 WEST 8250 SOUTH WEST JORDAN UT 84088 36,846.00
SB44 10266129138 ATWOOD C VAL 505 NORTH 500 EAST AMERICAN FORK UT 84003 44,000.00
SB44 10266129664 MITCHELL RHONDA 7103 VIVIAN COURT ARVADA CO 80003 20,750.00
SB44 10266129749 PULCINELLA JOSEPH J 907 CEDAR LANE NORRISTOWN PA 19401 21,700.00
SB44 10266129759 SINFIELD JOHN S 5439 WEST PAULETTE AVENUE WEST VALLEY CITY UT 84120 26,483.00
SB44 10266129899 WALTON PATRICIA R 522 GEIGEL HILL ROAD OTTSVILLE PA 19842 70,000.00
SB44 10266129901 SHOLIAN DANIEL C 14500 UPLANDS DRIVE LAKE OSWEGO OR 97034 132,329.00
SB44 10266130042 KING DONNA M 10531 N 79TH STREET SCOTTSDALE AZ 85258 231,500.00
SB44 10266130193 PEARLMAN RUTHYE 4000 TRIUMVERA, UNIT# 508A GLENVIEW IL 60025 43,800.00
SB44 10266130438 DAVIS VALERIE BOWKER 1248 HUDSON STREET DENVER CO 80220 30,000.00
SB44 10266130465 ALEXANDER PEARL M 7011 S. EAST END AVE. UNIT F CHICAGO IL 60649 15,000.00
SB44 10266130471 HURST JOANNE 2038 W. CRYSTAL CHICAGO IL 60622 65,000.00
SB44 10266130491 MOTTA GARRETTE 1536 LEVERETTE DETROIT MI 48216 42,000.00
SB44 10266130531 WENG ROBERT L 633 W COY DRIVE FORT COLLINS CO 80521 20,200.00
SB44 10266130547 BLANCHARD MICHAEL P 844 EAST ROBERTS ROAD PHOENIX AZ 85022 34,500.00
SB44 10266130580 MORRIS ROBERT L 20119 REED LANE BEND OR 97702 39,395.00
SB44 10266130596 SCOTT ROBERT V 10657 EAST LAUREL LANE SCOTTSDALE AZ 85259 116,375.00
SB44 10266130702 BRADBURY KENNETH CECIL 4185 SOUTH 2275 WEST ROY UT 84067 31,500.00
SB44 10266130710 PRATER JACK L 112 19TH AVENUE SOUTH NAMPA ID 83651 18,856.00
SB44 10266130853 MOORE LUZ E 1422 SOUTH CATHAY STREET AURORA CO 80017 15,500.00
SB44 10266130855 JACKSON JO ANN 3307 DANNY BOY CIRCLE ORLANDO FL 32808 10,000.00
SB44 10266130919 HUGHES MARK A 1132 EAST COLIMA DRIVE SANDY UT 84094 59,450.00
SB44 10266130925 WIERSEMA WILLIAM 446 INDIANWOOD PARK FOREST IL 60466 55,300.00
SB44 10266130986 SARNA SHIVAN S 3013 HOMASASSA ROAD SARASOTA FL 34239 25,500.00
SB44 10266130987 LATER DONALD 1433 SOUTH 300 EAST SALT LAKE CITY UT 84115 27,166.00
SB44 10266131061 HENRY DANA J 3 S 029 ARBORETUM ROAD GLEN ELLYN IL 60137 35,000.00
SB44 10266131160 BRIGHT CHARLES C 57 RIDGE POINT CIRCLE DIVIDE CO 80814 19,718.00
SB44 10266131161 KUYKENDALL STEPHEN C 11404 WEST ROXBURY DRIVE LITTLETON CO 80127 199,750.00
SB44 10266131185 IZO JEFFREY 294 EAST LAKE STREET BARBERTON OH 44203 45,400.00
SB44 10266131190 BUCKNER CHARLES W 8004 SOUTH PRAIRIE AVENUE CHICAGO IL 60619 15,000.00
SB44 10266131284 KIRKLAND ROBERT O 1488 DOUGLAS DRIVE DENVER CO 80221 34,000.00
SB44 10266131327 WILLIAMS RICHARD M 1112 W. 72ND COURT MERRILLVILLE IN 46410 19,600.00
SB44 10266131344 SOLNER GEORGE D 4720 SUMAC RD. MIDDLETON WI 53562 168,700.00
SB44 10266131622 ROGERS DENISE E 3840 11TH AVENUE SW NAPLES FL 34117 16,100.00
SB44 10266131627 GALLEGOS EDIOIGON G 2021 WEST 5850 SOUTH ROY UT 84067 32,481.00
SB44 10266131732 LEE REBECCA L 501 WEST 38TH STREET WILMINGTON DE 19802 17,950.00
SB44 10266131780 RIDER ROSCOE C IV 4057 DAWN COURT BOULDER CO 80304 73,600.00
SB44 10266131781 CHAVEZ JOSEPH L 404 VOILES DRIVE BRIGHTON CO 80601 140,000.00
SB44 10266131794 SOWINSKI RICHARD P 10675 ELIZABETH WAY COLORADO SPRINGS CO 80908 22,000.00
SB44 10266131864 KRIVANEC KENNETH C 497 EAST 700 SOUTH CENTERVILLE UT 84014 83,585.00
SB44 10266131866 DEFRIEZ KEVIN 1945 NORTH 775 EAST NORTH OGDEN UT 84414 32,331.00
SB44 10266132022 ROE DANA WAYNE 11952 MCCRUMB DRIVE NORTHGLENN CO 80233 25,000.00
SB44 10266132029 READ NEIL J 637 WEST 1000 NORTH CLINTON UT 84015 18,658.00
SB44 10266132102 LOVE ANDREW 2141 W. WASHBURNE CHICAGO IL 60608 44,400.00
SB44 10266132196 KNOX CHARLES F 431 BEDFORD LANE OAKLEY CA 94561 33,500.00
SB44 10266132344 MARTIN ROBERT W 2796 WEST 4450 SOUTH ROY UT 84067 15,276.00
SB44 10266132642 MCSORLEY DELORES B 3630 OVERLOOK DR NE SAINT PETERSBURG FL 33703 52,000.00
SB44 10266132715 RIVES ARBELIO G 231 8TH STREET NE NAPLES FL 33964 13,400.00
SB44 10266132732 HERNANDEZ FRANCISCO 5118 DEER RUN RD IMMOKALEE FL 33934 45,500.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB44 10266118338 AVILLA FABIAN I 25,000.00 08/06/96 07/06/11 176.45 10/06/96 84.4 11.100 285.72
SB44 10266119483 YOUNG ROBERT E JR 41,000.00 07/01/96 06/01/11 175.30 10/01/96 50.3 11.440 404.14
SB44 10266120953 BAGSIYAO CORAZON M 158,363.78 10/01/96 09/01/11 178.32 11/01/96 67.4 13.000 1,752.22
SB44 10266124406 LAURO DONALD 50,000.00 10/13/96 09/13/11 178.72 10/13/96 61.0 12.200 522.02
SB44 10266125296 JAMES RALPH II 213,523.38 09/01/96 08/01/11 177.30 11/01/96 80.0 14.090 2,546.11
SB44 10266126499 TRAN THOAI 55,300.00 10/16/96 09/16/11 178.82 10/16/96 70.0 11.990 568.40
SB44 10266127347 KASPARIAN CHARLES H 63,859.11 10/01/96 09/01/11 178.32 11/01/96 47.4 10.990 727.02
SB44 10266127379 PRIDGEN LATHAN 12,000.00 11/01/96 10/01/11 179.31 11/01/96 15.8 14.700 165.49
SB44 10266127382 MCKAY CHRIS 76,800.00 11/09/96 10/09/11 179.57 11/09/96 76.8 13.490 879.07
SB44 10266127554 FLORES MIGUEL A 24,750.00 09/27/96 08/27/11 178.16 09/27/96 58.9 11.950 296.25
SB44 10266128472 HEDGES CURTIS N 37,810.00 11/02/96 10/02/11 179.34 11/01/96 90.0 11.950 452.57
SB44 10266128988 DELANEY MAUREEN 65,000.00 11/01/96 10/01/11 179.31 10/01/96 53.2 10.600 599.45
SB44 10266129046 LOGAN LIZ M 99,000.00 10/23/96 09/23/11 179.05 10/23/96 75.0 11.990 1,017.56
SB44 10266129137 STONG DENNIS F 36,846.00 11/01/96 10/01/11 179.31 11/01/96 80.0 12.700 398.97
SB44 10266129138 ATWOOD C VAL 44,000.00 11/07/96 10/07/11 179.51 11/07/96 74.1 11.750 521.02
SB44 10266129664 MITCHELL RHONDA 20,750.00 11/04/96 10/04/11 179.41 11/04/96 79.9 14.500 283.34
SB44 10266129749 PULCINELLA JOSEPH J 21,700.00 10/24/96 09/24/11 179.08 10/24/96 89.9 11.550 254.19
SB44 10266129759 SINFIELD JOHN S 26,483.00 10/20/96 09/20/11 178.95 10/20/96 64.7 15.500 345.48
SB44 10266129899 WALTON PATRICIA R 70,000.00 11/01/96 10/01/11 179.31 11/01/96 66.8 11.990 719.49
SB44 10266129901 SHOLIAN DANIEL C 132,329.00 11/01/96 10/01/11 179.31 11/01/96 78.5 11.150 1,516.54
SB44 10266130042 KING DONNA M 231,500.00 10/25/96 09/25/11 179.11 10/25/96 60.1 10.700 2,152.31
SB44 10266130193 PEARLMAN RUTHYE 43,800.00 11/02/96 10/02/16 239.34 11/02/96 60.0 11.100 455.08
SB44 10266130438 DAVIS VALERIE BOWKER 30,000.00 11/08/96 10/08/11 179.54 11/08/96 73.6 11.200 344.76
SB44 10266130465 ALEXANDER PEARL M 15,000.00 11/01/96 10/01/16 239.31 11/01/96 34.8 11.750 162.56
SB44 10266130471 HURST JOANNE 65,000.00 11/01/96 10/01/16 239.31 11/01/96 56.5 10.600 653.32
SB44 10266130491 MOTTA GARRETTE 42,000.00 11/01/96 10/01/26 359.31 11/01/96 70.0 9.850 363.93
SB44 10266130531 WENG ROBERT L 20,200.00 11/09/96 10/09/11 179.57 11/09/96 84.8 12.950 254.91
SB44 10266130547 BLANCHARD MICHAEL P 34,500.00 11/01/96 10/01/11 179.31 11/01/96 83.8 10.400 379.23
SB44 10266130580 MORRIS ROBERT L 39,395.00 11/01/96 10/01/11 179.31 11/01/96 89.9 11.600 462.72
SB44 10266130596 SCOTT ROBERT V 116,375.00 11/01/96 10/01/16 239.31 11/01/96 79.9 11.200 1,217.09
SB44 10266130702 BRADBURY KENNETH CECIL 31,500.00 11/01/96 10/01/11 179.31 11/01/96 83.7 11.450 310.74
SB44 10266130710 PRATER JACK L 18,856.00 11/07/96 10/07/11 179.51 11/07/96 80.0 13.990 250.99
SB44 10266130853 MOORE LUZ E 15,500.00 11/07/96 10/07/11 179.51 11/07/96 74.0 12.250 188.53
SB44 10266130855 JACKSON JO ANN 10,000.00 11/01/96 10/01/11 179.31 11/01/96 75.6 12.500 123.25
SB44 10266130919 HUGHES MARK A 59,450.00 10/16/96 09/16/11 178.82 10/16/96 88.6 12.750 646.04
SB44 10266130925 WIERSEMA WILLIAM 55,300.00 10/25/96 09/25/16 239.11 10/25/96 70.0 9.400 511.86
SB44 10266130986 SARNA SHIVAN S 25,500.00 11/04/96 10/04/11 179.41 11/04/96 84.9 12.700 276.11
SB44 10266130987 LATER DONALD 27,166.00 10/20/96 09/20/16 238.95 10/20/96 90.0 12.750 313.44
SB44 10266131061 HENRY DANA J 35,000.00 11/10/96 10/10/16 239.61 11/10/96 24.6 10.600 351.79
SB44 10266131160 BRIGHT CHARLES C 19,718.00 11/01/96 10/01/16 239.31 11/01/96 72.8 13.750 241.63
SB44 10266131161 KUYKENDALL STEPHEN C 199,750.00 11/02/96 10/02/26 359.34 11/02/96 85.0 9.990 1,751.47
SB44 10266131185 IZO JEFFREY 45,400.00 11/03/96 10/03/16 239.38 11/03/96 84.8 9.800 432.12
SB44 10266131190 BUCKNER CHARLES W 15,000.00 11/09/96 10/09/11 179.57 11/09/96 25.0 13.490 194.65
SB44 10266131284 KIRKLAND ROBERT O 34,000.00 11/02/96 10/02/16 239.34 11/02/96 84.8 12.750 392.30
SB44 10266131327 WILLIAMS RICHARD M 19,600.00 11/01/96 10/01/11 179.31 11/01/96 67.8 12.150 237.13
SB44 10266131344 SOLNER GEORGE D 168,700.00 11/01/96 10/01/11 179.31 11/01/96 84.9 11.850 1,715.82
SB44 10266131622 ROGERS DENISE E 16,100.00 11/02/96 10/02/11 179.34 11/02/96 79.9 13.450 208.49
SB44 10266131627 GALLEGOS EDIOIGON G 32,481.00 10/25/96 09/25/11 179.11 10/25/96 78.4 13.100 413.10
SB44 10266131732 LEE REBECCA L 17,950.00 10/23/96 09/23/11 179.05 10/23/96 79.9 13.650 234.84
SB44 10266131780 RIDER ROSCOE C IV 73,600.00 11/01/96 10/01/11 179.31 11/01/96 89.9 11.950 754.23
SB44 10266131781 CHAVEZ JOSEPH L 140,000.00 11/02/96 10/02/11 179.34 11/02/96 74.4 12.000 1,440.06
SB44 10266131794 SOWINSKI RICHARD P 22,000.00 11/07/96 10/07/11 179.51 11/07/96 11.3 11.400 255.60
SB44 10266131864 KRIVANEC KENNETH C 83,585.00 11/01/96 10/01/11 179.31 11/01/96 90.0 11.950 856.55
SB44 10266131866 DEFRIEZ KEVIN 32,331.00 10/27/96 09/27/11 179.18 10/27/96 82.6 12.750 403.76
SB44 10266132022 ROE DANA WAYNE 25,000.00 11/01/96 10/01/11 179.31 11/01/96 79.3 11.250 288.09
SB44 10266132029 READ NEIL J 18,658.00 11/01/96 10/01/11 179.31 11/01/96 63.3 15.590 268.72
SB44 10266132102 LOVE ANDREW 44,400.00 11/01/96 10/01/26 359.31 11/01/96 66.2 10.450 404.49
SB44 10266132196 KNOX CHARLES F 33,500.00 12/01/96 11/01/11 180.33 12/01/96 84.9 13.550 436.05
SB44 10266132344 MARTIN ROBERT W 15,276.00 11/04/96 10/04/11 179.41 11/04/96 79.9 14.000 203.44
SB44 10266132642 MCSORLEY DELORES B 52,000.00 11/10/96 10/10/11 179.61 11/10/96 81.2 12.750 565.08
SB44 10266132715 RIVES ARBELIO G 13,400.00 11/08/96 10/08/11 179.54 11/08/96 80.0 12.990 169.45
SB44 10266132732 HERNANDEZ FRANCISCO 45,500.00 11/09/96 10/09/11 179.57 11/09/96 65.0 14.000 539.12
</TABLE>
<PAGE>
Page 4
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule
A division of Superior Bank FSB 1996-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/22/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB44 10266132815 RESTO KELVIN 3006 NORTH PARKSIDE CHICAGO IL 60634 38,000.00
SB44 10266132847 WARINER SANDRA 492 W 2350 SOUTH BOUNTIFUL UT 84010 27,498.00
SB44 10266132848 COULTER DAVID SCOTT 86 WEST 700 NORTH BOUNTIFUL UT 84010 19,376.00
SB44 10266132934 SHERWOOD RICHARD PAT III 4118 WEST YORKSHIRE DRIVE SOUTH JORDAN UT 84095 22,000.00
SB44 10266132990 COOPER RICK A 2039 WEST CAMELOT WAY WEST JORDAN UT 84084 28,400.00
SB44 10266132992 LURAS KOSTA 1372 EAST CHANDLER DRIVE SALT LAKE CITY UT 84103 484,000.00
SB44 10266133020 GUERRA MICHAEL JOSEPH 521 15TH STREET OGDEN UT 84404 11,000.00
SB44 10266133037 KLING JONATHAN L 1007 WEST 180 NORTH OREM UT 84057 32,420.00
SB44 10266133197 TIMMLER TAD 4196 SOUTH ZEUS DRIVE WEST VALLEY CITY UT 84120 92,500.00
SB44 10266134090 HUNTER MARY F 22792 NORTH KANE DETROIT MI 48223 35,700.00
SB44 10266134526 GIBSON MICHAEL L 646 NELSON AVENUE TOOELE UT 84074 21,173.00
--------------------------------- -------------
73 Sale Total 4,170,826.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB44 10266132815 RESTO KELVIN 38,000.00 11/01/96 10/01/11 179.31 11/01/96 89.8 11.950 389.41
SB44 10266132847 WARINER SANDRA 27,498.00 10/20/96 09/20/11 178.95 10/20/96 89.9 12.750 343.41
SB44 10266132848 COULTER DAVID SCOTT 19,376.00 10/20/96 09/20/11 178.95 10/20/96 89.8 13.150 247.07
SB44 10266132934 SHERWOOD RICHARD PAT III 22,000.00 10/20/96 09/20/11 178.95 10/20/96 47.8 12.200 266.87
SB44 10266132990 COOPER RICK A 28,400.00 10/24/96 09/24/11 179.08 10/24/96 79.2 15.350 404.31
SB44 10266132992 LURAS KOSTA 484,000.00 11/01/96 10/01/11 179.31 11/01/96 84.1 10.750 4,518.05
SB44 10266133020 GUERRA MICHAEL JOSEPH 11,000.00 10/24/96 09/24/11 179.08 10/24/96 78.6 15.350 156.60
SB44 10266133037 KLING JONATHAN L 32,420.00 10/25/96 09/25/11 179.11 10/25/96 89.3 12.350 396.42
SB44 10266133197 TIMMLER TAD 92,500.00 10/25/96 09/25/26 359.11 10/25/96 86.8 11.050 884.40
SB44 10266134090 HUNTER MARY F 35,700.00 11/08/96 10/08/26 359.54 11/08/96 70.0 12.250 374.10
SB44 10266134526 GIBSON MICHAEL L 21,173.00 11/01/96 10/01/11 179.31 11/01/96 89.8 12.700 263.72
---------------------------------- ------------ ------ -----------------------------
73 Sale Total 4,170,572.27 203.52 75.4 11.806 44,324.26
</TABLE>
<PAGE>
Page 5
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule
A division of Superior Bank FSB 1996-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/22/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SBCL8 10266091343 JAMES ALTHEA 433 ROGERS AVENUE BROOKLYN NY 11225 150,000.00
SBCL8 10266118896 SUKHU RAJMATIE 166 IRVING AVENUE BROOKLYN NY 11237 84,000.00
SBCL8 10266127544 INC 25 MAIN ST 25 MAIN STREET TARRYTOWN NY 10562 217,750.00
SBCL8 10266131091 BARCELO JANET M 1124 BELLWOOD BELLWOOD IL 60104 83,500.00
------------------------------------- --------------
4 Sale Total 535,250.00
169 Total with Superior Bank 10,080,195.00
169 Grand Total 10,080,195.00
<CAPTION>
Cut-off Date First Original Current Scheduled
Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Name Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBCL8 10266091343 JAMES ALTHEA 148,062.19 01/01/96 12/01/10 169.28 10/01/96 51.7 15.100 2,109.67
SBCL8 10266118896 SUKHU RAJMATIE 84,000.00 11/01/96 10/01/11 179.31 11/01/96 70.0 11.100 960.02
SBCL8 10266127544 INC 25 MAIN ST 217,750.00 11/01/96 10/01/11 179.31 11/01/96 65.0 11.750 2,578.45
SBCL8 10266131091 BARCELO JANET M 83,500.00 11/01/96 10/01/11 179.31 11/01/96 61.8 11.600 854.86
----------------------------------- ------------- ------ ---------------------------
4 Sale Total 533,312.19 176.53 61.6 12.554 6,503.00
169 Total with Superior Bank 10,073,947.16 208.82 75.9 11.701 106,662.05
169 Grand Total 10,073,947.16 208.82 75.9 11.701 106,662.05
</TABLE>
<PAGE>
Page 1
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule A
A division of Superior Bank FSB 1996-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/22/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB543 10216118170 LEE GEORGE H JR 15 KIRBY LANE CENTRAL ISLIP NY 11722 100,800.00
SB543 10216120675 GONZALEZ GONZALO 3310 W. LEMOYNE CHICAGO IL 60651 68,800.00
SB543 10216124895 KNAPP CHERYL 5623 SYRACUSE DEARBORN HEIGHTS MI 48125 39,000.00
SB543 10216125858 MASSARO JOHN 697 MEADOW ROAD SMITHTOWN NY 11787 160,000.00
SB543 10216126210 MENDOZA DAVID 119 WOODVIEW DR. STREAMWOOD IL 60107 144,000.00
SB543 10216128572 MERSCHDORF TODD H 44758 BENDING AVENUE HARRIS MN 55032 42,500.00
SB543 10216129135 PEARSON DON B 6210 WEST 5800 SOUTH HOOPER UT 84315 166,800.00
SB543 10216129241 TYUS RENAE D 25635 CARL ROSEVILLE MI 48066 53,200.00
SB543 10216129251 VANKO JOHN J 2435 MEADOWSEDGE LANE CARPENTERSVILLE IL 60110 161,600.00
SB543 10216129456 OWENS DELBERT CORKY 927 N. TRALAN DR. GREENSBURG IN 47240 68,400.00
SB543 10216129551 FREEMAN BOBBY 10207 DODGE ROAD,UNIT #209 OTISVILLE MI 48463 59,400.00
SB543 10216129555 WASSERMAN ROBERT JAY 845 THORNTON LANE BUFFALO GROVE IL 60089 202,300.00
SB543 10216130084 VALENZANO AMY S 6200 W CORNELIA AVE CHICAGO IL 60634 114,700.00
SB543 10216131060 STEUER NEAL B 1321 67TH PLACE DOWNERS GROVE IL 60516 153,000.00
SB543 10216131065 WILBORN ANTHONY E 8829 S. CRANDON CHICAGO IL 60617 52,600.00
SB543 10216131548 KHOURY-KASSI NICOLA KAMAL 10088 SHADY HILL LANE GRAND BLANC MI 48439 90,500.00
SB543 10216131706 ORSENO LINDA M 257 N CRAIG LOMBARD IL 60148 90,000.00
SB543 10216131707 DEMBINSKI WILLARD D 413 STAFFORDSHIRE DRIVE POPLAR GROVE IL 61065 117,600.00
SB543 10216132016 MCCLOY KELLY 565 EAST WINCHESTER STREET MURRAY UT 84107 131,200.00
SB543 10216132106 CAPIAK JOHN R 6331 S FAIRFIELD CHICAGO IL 60629 40,000.00
SB543 10216132111 SAEED MOHAMMED M 922 MARYKNOLL GLEN ELLYN IL 60137 259,200.00
------------------------------------------ ------------
21 Sale Total 2,315,600.00
<CAPTION>
Cut-off Date First Initial Minimum Maximum
Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Name Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB543 10216118170 LEE GEORGE H JR 100,694.12 07/01/96 06/01/26 11.125 11.125 17.125 8.500
SB543 10216120675 GONZALEZ GONZALO 68,752.35 08/01/96 07/01/26 11.375 11.375 17.375 7.500
SB543 10216124895 KNAPP CHERYL 39,000.00 11/01/96 10/01/26 11.375 11.375 17.375 6.750
SB543 10216125858 MASSARO JOHN 159,927.31 10/01/96 09/01/26 9.875 9.875 15.875 6.000
SB543 10216126210 MENDOZA DAVID 144,000.00 11/01/96 10/01/26 11.375 11.375 17.375 7.500
SB543 10216128572 MERSCHDORF TODD H 42,500.00 11/01/96 10/01/26 8.875 8.875 14.875 5.250
SB543 10216129135 PEARSON DON B 166,800.00 11/01/96 10/01/26 9.125 9.125 15.125 5.500
SB543 10216129241 TYUS RENAE D 53,200.00 11/01/96 10/01/26 9.625 9.625 15.625 6.000
SB543 10216129251 VANKO JOHN J 161,600.00 11/01/96 10/01/26 10.875 10.875 16.875 6.750
SB543 10216129456 OWENS DELBERT CORKY 68,367.24 10/01/96 09/01/26 9.625 9.625 15.625 5.750
SB543 10216129551 FREEMAN BOBBY 59,400.00 11/01/96 10/01/26 11.375 11.375 17.375 7.500
SB543 10216129555 WASSERMAN ROBERT JAY 202,300.00 11/01/96 10/01/26 8.125 8.125 14.125 4.500
SB543 10216130084 VALENZANO AMY S 114,700.00 11/01/96 10/01/26 10.875 10.875 16.875 6.750
SB543 10216131060 STEUER NEAL B 153,000.00 11/01/96 10/01/26 9.375 9.375 15.375 5.500
SB543 10216131065 WILBORN ANTHONY E 52,600.00 11/01/96 10/01/26 11.750 11.750 17.750 6.750
SB543 10216131548 KHOURY-KASSI NICOLA KAMAL 90,500.00 11/01/96 10/01/26 7.625 7.625 13.625 3.750
SB543 10216131706 ORSENO LINDA M 90,000.00 11/01/96 10/01/26 8.625 8.625 14.625 4.500
SB543 10216131707 DEMBINSKI WILLARD D 117,600.00 11/01/96 10/01/26 11.750 11.750 17.750 7.500
SB543 10216132016 MCCLOY KELLY 131,200.00 11/01/96 10/01/26 9.125 9.125 15.125 5.250
SB543 10216132106 CAPIAK JOHN R 40,000.00 11/01/96 10/01/26 10.000 10.000 16.000 5.750
SB543 10216132111 SAEED MOHAMMED M 259,200.00 11/01/96 10/01/26 11.750 11.750 17.750 7.500
---------------------------------------------------- -----------------------------------------
21 Sale Total 2,315,341.02 10.150 10.150 16.150 6.234
</TABLE>
<PAGE>
Page 2
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule A
A division of Superior Bank FSB 1996-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/22/96
Principal
Zip Balance at
Sale ID Account Name Address City State Code Origination
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
SB544 10216114831 EYLER DAVID R 301 N. SETON AVENUE EMMITSBURG MD 21727 76,720.00
SB544 10216119117 THOMPSON KATHIE A 4931 SOUTH 4700 WEST HOOPER UT 84315 111,200.00
SB544 10216120023 COCINA WILLIAM J 8798 SOUTH GREENBRIAR TERRACE BOSTON NY 14025 100,300.00
SB544 10216123666 PORTER TROY 1077 PINEBROOK BLVD NEW ROCHELLE NY 10804 199,750.00
SB544 10216126630 NOLIN PAUL S 305 ELM AVE RAHWAY NJ 07065 128,350.00
SB544 10216127362 SALVATO ANTHONY S 3912 GALWAY DRIVE GREENSBORO NC 27406 74,000.00
SB544 10216127794 MONTANA RITA M 4814 POPLAR STREET PITTSBURGH PA 15122 45,600.00
SB544 10216127918 SHEIL MARTIN 59 BELL DRIVE WESTFIELD NJ 07090 198,400.00
SB544 10216129583 DENNEY CONSTANCE LOUISE 56 HIGH ST. WALTON KY 41094 49,600.00
SB544 10216129765 STADELWISER JOHN J 90 ANDANTE DRIVE SEDONA AZ 86336 82,600.00
SB544 10216130479 SOBH ALI 4665 CURTIS DEARBORN MI 48126 80,700.00
SB544 10216130481 POWE DAVID J 7640 CLINTONVILLE ROAD CLARKSTON MI 48348 72,700.00
SB544 10216131067 WATSON JACQUELYN M 9270 BOLTON DRIVE KEWASKUM WI 53040 96,800.00
SB544 10216131167 HARTMAN ERVIN R 8603 WEST SHERIDAN STREET PHOENIX AZ 85037 102,850.00
SB544 10216131339 TALEB ALI 5432 HARTWELL DEARBORN MI 48126 66,600.00
SB544 10216131712 SAAD MOHAMAD A 6025 BARRIE DEARBORN MI 48126 66,600.00
SB544 10216131972 ALTAYEB SALWA 6829 RUTHERFORD DETROIT MI 48228 43,200.00
SB544 10216132737 HAYS DAVID V 11933 POTTERS ROAD KEENE MI 49331 86,500.00
SB544 10216132841 DYER JAMES J 6723 KINGMAN DRIVE INDIANAPOLIS IN 46256 144,000.00
-------------------------------------- ------------
19 Sale Total 1,826,470.00
40 Total with Superior Bank 4,142,070.00
40 Grand Total 4,142,070.00
<CAPTION>
Cut-off Date First Initial Minimum Maximum
Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Name Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB544 10216114831 EYLER DAVID R 76,669.36 08/01/96 07/01/26 11.375 11.375 17.375 7.500
SB544 10216119117 THOMPSON KATHIE A 111,118.15 08/01/96 07/01/26 10.875 10.875 16.875 7.250
SB544 10216120023 COCINA WILLIAM J 100,300.00 11/01/96 10/01/26 10.625 10.625 16.625 6.750
SB544 10216123666 PORTER TROY 199,750.00 11/01/96 10/01/26 10.375 10.375 16.375 6.250
SB544 10216126630 NOLIN PAUL S 128,350.00 11/01/96 10/01/26 10.625 10.625 16.625 6.750
SB544 10216127362 SALVATO ANTHONY S 74,000.00 11/01/96 10/01/26 9.375 9.375 15.375 5.250
SB544 10216127794 MONTANA RITA M 45,600.00 11/01/96 10/01/26 9.125 9.125 15.125 5.000
SB544 10216127918 SHEIL MARTIN 198,400.00 11/01/96 10/01/26 9.125 9.125 15.125 5.250
SB544 10216129583 DENNEY CONSTANCE LOUISE 49,600.00 11/01/96 10/01/26 11.500 11.500 17.500 7.500
SB544 10216129765 STADELWISER JOHN J 82,600.00 11/01/96 10/01/26 9.875 9.875 15.875 6.250
SB544 10216130479 SOBH ALI 80,700.00 11/01/96 10/01/26 10.625 10.625 16.625 6.750
SB544 10216130481 POWE DAVID J 72,700.00 11/01/96 10/01/26 10.250 10.250 16.250 6.000
SB544 10216131067 WATSON JACQUELYN M 96,800.00 11/01/96 10/01/26 11.750 11.750 17.750 7.500
SB544 10216131167 HARTMAN ERVIN R 102,850.00 11/01/96 10/01/26 10.125 10.125 16.125 6.500
SB544 10216131339 TALEB ALI 66,600.00 11/01/96 10/01/26 9.625 9.625 15.625 5.750
SB544 10216131712 SAAD MOHAMAD A 66,600.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB544 10216131972 ALTAYEB SALWA 43,200.00 11/01/96 10/01/26 9.875 9.875 15.875 5.750
SB544 10216132737 HAYS DAVID V 86,500.00 11/01/96 10/01/26 9.375 9.375 15.375 5.250
SB544 10216132841 DYER JAMES J 144,000.00 11/01/96 10/01/26 11.750 11.750 17.750 7.500
-------------------------------------- ------------ ---------------------------------------
19 Sale Total 1,826,337.51 10.348 10.348 16.348 6.375
40 Total with Superior Bank 4,141,678.53 10.237 10.237 16.237 6.296
40 Grand Total 4,141,678.53 10.237 10.237 16.237 6.296
</TABLE>
<PAGE>
Page 1
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule B
A division of Superior Bank FSB 1996-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/22/96
Principal Type of Scheduled Cut-off Date Original Next
Balance at Mortgaged Payment Principal LTV Adjustment
Sale ID Account Name Origination Property Int & Prin Balance Ratio Date
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SB543 10216118170 LEE GEORGE H JR 100,800.00 SF 969.47 100,694.12 80.0 12/01/96
SB543 10216120675 GONZALEZ GONZALO 68,800.00 SF 674.77 68,752.35 80.0 01/01/97
SB543 10216124895 KNAPP CHERYL 39,000.00 SF 382.50 39,000.00 60.0 04/01/97
SB543 10216125858 MASSARO JOHN 160,000.00 SF 1,389.36 159,927.31 80.0 03/01/97
SB543 10216126210 MENDOZA DAVID 144,000.00 SF 1,412.30 144,000.00 80.0 04/01/97
SB543 10216128572 MERSCHDORF TODD H 42,500.00 SF 338.15 42,500.00 70.8 04/01/97
SB543 10216129135 PEARSON DON B 166,800.00 SF 1,357.14 166,800.00 80.0 04/01/97
SB543 10216129241 TYUS RENAE D 53,200.00 SF 452.19 53,200.00 74.9 04/01/97
SB543 10216129251 VANKO JOHN J 161,600.00 SF 1,523.71 161,600.00 84.9 04/01/97
SB543 10216129456 OWENS DELBERT CORKY 68,400.00 SF 581.39 68,367.24 90.0 03/01/97
SB543 10216129551 FREEMAN BOBBY 59,400.00 SF 582.57 59,400.00 72.0 04/01/97
SB543 10216129555 WASSERMAN ROBERT JAY 202,300.00 SF 1,502.07 202,300.00 85.0 04/01/97
SB543 10216130084 VALENZANO AMY S 114,700.00 SF 1,081.50 114,700.00 84.9 04/01/97
SB543 10216131060 STEUER NEAL B 153,000.00 SF 1,272.58 153,000.00 85.0 04/01/97
SB543 10216131065 WILBORN ANTHONY E 52,600.00 SF 530.95 52,600.00 64.9 04/01/97
SB543 10216131548 KHOURY-KASSI NICOLA KAMAL 90,500.00 SF 640.55 90,500.00 84.9 04/01/97
SB543 10216131706 ORSENO LINDA M 90,000.00 SF 700.01 90,000.00 60.0 04/01/97
SB543 10216131707 DEMBINSKI WILLARD D 117,600.00 SF 1,187.07 117,600.00 80.0 04/01/97
SB543 10216132016 MCCLOY KELLY 131,200.00 SF 1,067.49 131,200.00 80.0 04/01/97
SB543 10216132106 CAPIAK JOHN R 40,000.00 MF 351.03 40,000.00 48.1 04/01/97
SB543 10216132111 SAEED MOHAMMED M 259,200.00 SF 2,616.39 259,200.00 78.5 04/01/97
------------------------------------------------------- -----------------------------------------
21 Sale Total 2,315,600.00 20,613.19 2,315,341.02 79.2
<CAPTION>
Current Property
Mortgage Value at Owner
Sale ID Account Name Rate Origination Occupied
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SB543 10216118170 LEE GEORGE H JR 11.125 126,000.00 Y
SB543 10216120675 GONZALEZ GONZALO 11.375 86,000.00 Y
SB543 10216124895 KNAPP CHERYL 11.375 65,000.00 Y
SB543 10216125858 MASSARO JOHN 9.875 200,000.00 Y
SB543 10216126210 MENDOZA DAVID 11.375 180,000.00 Y
SB543 10216128572 MERSCHDORF TODD H 8.875 60,000.00 Y
SB543 10216129135 PEARSON DON B 9.125 208,500.00 Y
SB543 10216129241 TYUS RENAE D 9.625 71,000.00 Y
SB543 10216129251 VANKO JOHN J 10.875 190,213.00 Y
SB543 10216129456 OWENS DELBERT CORKY 9.625 76,000.00 Y
SB543 10216129551 FREEMAN BOBBY 11.375 82,500.00 Y
SB543 10216129555 WASSERMAN ROBERT JAY 8.125 238,000.00 Y
SB543 10216130084 VALENZANO AMY S 10.875 135,000.00 Y
SB543 10216131060 STEUER NEAL B 9.375 180,000.00 Y
SB543 10216131065 WILBORN ANTHONY E 11.750 81,000.00 Y
SB543 10216131548 KHOURY-KASSI NICOLA KAMAL 7.625 106,500.00 Y
SB543 10216131706 ORSENO LINDA M 8.625 150,000.00 Y
SB543 10216131707 DEMBINSKI WILLARD D 11.750 147,000.00 Y
SB543 10216132016 MCCLOY KELLY 9.125 164,000.00 Y
SB543 10216132106 CAPIAK JOHN R 10.000 83,000.00 N
SB543 10216132111 SAEED MOHAMMED M 11.750 330,000.00 Y
----------------------------------------- ---------------------
21 Sale Total 10.150 2,959,713.00
</TABLE>
<PAGE>
Page 2
<TABLE>
<CAPTION>
Alliance Funding Company Sale Schedule B
A division of Superior Bank FSB 1996-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/22/96
Principal Type of Scheduled Cut-off Date Original Next
Balance at Mortgaged Payment Principal LTV Adjustment
Sale ID Account Name Origination Property Int & Prin Balance Ratio Date
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
SB544 10216114831 EYLER DAVID R 76,720.00 SF 752.44 76,669.36 80.7 01/01/97
SB544 10216119117 THOMPSON KATHIE A 111,200.00 SF 1,048.49 111,118.15 80.0 01/01/97
SB544 10216120023 COCINA WILLIAM J 100,300.00 SF 926.87 100,300.00 85.0 04/01/97
SB544 10216123666 PORTER TROY 199,750.00 SF 1,808.55 199,750.00 85.0 04/01/97
SB544 10216126630 NOLIN PAUL S 128,350.00 SF 1,186.08 128,350.00 85.0 04/01/97
SB544 10216127362 SALVATO ANTHONY S 74,000.00 SF 615.49 74,000.00 82.2 04/01/97
SB544 10216127794 MONTANA RITA M 45,600.00 SF 371.02 45,600.00 69.0 04/01/97
SB544 10216127918 SHEIL MARTIN 198,400.00 SF 1,614.25 198,400.00 80.0 04/01/97
SB544 10216129583 DENNEY CONSTANCE LOUISE 49,600.00 SF 491.18 49,600.00 80.0 04/01/97
SB544 10216129765 STADELWISER JOHN J 82,600.00 SF 717.26 82,600.00 70.0 04/01/97
SB544 10216130479 SOBH ALI 80,700.00 SF 745.75 80,700.00 84.9 04/01/97
SB544 10216130481 POWE DAVID J 72,700.00 SF 651.47 72,700.00 74.9 04/01/97
SB544 10216131067 WATSON JACQUELYN M 96,800.00 SF 977.11 96,800.00 80.0 04/01/97
SB544 10216131167 HARTMAN ERVIN R 102,850.00 SF 912.10 102,850.00 84.3 04/01/97
SB544 10216131339 TALEB ALI 66,600.00 SF 566.09 66,600.00 90.0 04/01/97
SB544 10216131712 SAAD MOHAMAD A 66,600.00 SF 578.32 66,600.00 88.8 04/01/97
SB544 10216131972 ALTAYEB SALWA 43,200.00 SF 375.13 43,200.00 90.0 04/01/97
SB544 10216132737 HAYS DAVID V 86,500.00 SF 719.46 86,500.00 68.6 04/01/97
SB544 10216132841 DYER JAMES J 144,000.00 SF 1,453.55 144,000.00 79.5 04/01/97
--------------------------------------------------------- ---------------------------------------
19 Sale Total 1,826,470.00 16,510.61 1,826,337.51 81.2
40 Total with Superior Bank 4,142,070.00 37,123.80 4,141,678.53 80.0
40 Grand Total 4,142,070.00 37,123.80 4,141,678.53 80.0
<CAPTION>
Current Property
Mortgage Value at Owner
Sale ID Account Name Rate Origination Occupied
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SB544 10216114831 EYLER DAVID R 11.375 95,000.00 Y
SB544 10216119117 THOMPSON KATHIE A 10.875 139,000.00 Y
SB544 10216120023 COCINA WILLIAM J 10.625 118,000.00 Y
SB544 10216123666 PORTER TROY 10.375 235,000.00 Y
SB544 10216126630 NOLIN PAUL S 10.625 151,000.00 Y
SB544 10216127362 SALVATO ANTHONY S 9.375 90,000.00 Y
SB544 10216127794 MONTANA RITA M 9.125 66,000.00 Y
SB544 10216127918 SHEIL MARTIN 9.125 248,000.00 Y
SB544 10216129583 DENNEY CONSTANCE LOUISE 11.500 62,000.00 Y
SB544 10216129765 STADELWISER JOHN J 9.875 118,000.00 Y
SB544 10216130479 SOBH ALI 10.625 95,000.00 Y
SB544 10216130481 POWE DAVID J 10.250 97,000.00 Y
SB544 10216131067 WATSON JACQUELYN M 11.750 121,000.00 Y
SB544 10216131167 HARTMAN ERVIN R 10.125 122,000.00 Y
SB544 10216131339 TALEB ALI 9.625 74,000.00 Y
SB544 10216131712 SAAD MOHAMAD A 9.875 75,000.00 Y
SB544 10216131972 ALTAYEB SALWA 9.875 48,000.00 Y
SB544 10216132737 HAYS DAVID V 9.375 126,000.00 Y
SB544 10216132841 DYER JAMES J 11.750 181,000.00 Y
------------------------------------------ -----------------------
19 Sale Total 10.348 2,261,000.00
40 Total with Superior Bank 10.237 5,220,713.00
40 Grand Total 10.237 5,220,713.00
</TABLE>
