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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 22, 1997
SUPERIOR BANK FSB (as depositor under the Pooling and Servicing Agreement, dated
as of June 1, 1997, providing for the issuance of AFC Mortgage Loan Asset Backed
Certificates, Series 1997-2)
SUPERIOR BANK FSB
------------------------------------------------------
(Exact name of registrant as specified in its charter)
UNITED STATES 333-21485 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 June 25, 1997, a single series of certificates, entitled AFC Mortgage
Loan Asset Backed Certificates, Series 1997-2 (the "Certificates") were issued
pursuant to a pooling and servicing agreement (the "Agreement"), dated as of
June 1, 1997, 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 June 30, 1997, 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 $13,084,214.99 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $20,432,638.21
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 June 30, 1997,
between the Depositor and the Trustee.
On July 22, 1997, 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 $13,373,912.64 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $24,637,647.92
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 July 22, 1997,
between the Depositor and the Trustee (the "July 22 Instrument"). Attached to
the July 22 Instrument is the Mortgage Loan Schedule with respect to Sub-Pool 1
listing the related Subsequent Mortgage Loans that are the subject of such July
22 Instrument.
On July 30, 1997, 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 $8,571,369.12 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $7,608,436.97
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 July 30, 1997,
between the Depositor and the Trustee (the "July 30 Instrument"). Attached to
the July 30 Instrument is the Mortgage Loan Schedule with respect to Sub-Pool 1
listing the related Subsequent Mortgage Loans that are the subject of such July
30 Instrument.
<PAGE>
-3-
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 July 22, 1997, between Superior
Bank FSB as Depositor and LaSalle National Bank as Trustee.
4.4 Subsequent Transfer Instrument, dated July 30, 1997, 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: July 22, 1997
<PAGE>
-5-
EXHIBITS TABLE
4.3 Subsequent Transfer Instrument, dated July 22, 1997, between Superior
Bank FSB as Depositor and LaSalle National Bank as Trustee.
4.4 Subsequent Transfer Instrument, dated July 30, 1997, 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
July 22, 1997, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1997-2, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of June 1, 1997, 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 Certificate Insurer or 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 C. BRACKEN
----------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
AFC MORTGAGE LOAN ASSET
BACKED CERTIFICATES, SERIES 1997-2
By: LASALLE NATIONAL BANK,
as Trustee
By: /s/ SHASHANK MISHRA
----------------------------------
Name: Shashank Mishra
Title: First 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 1997-2
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
FOR SUB-POOL 1
Series 1997-2
July 22, 1997
A.
1. Subsequent Cut-off Date: July 21, 1997
2. Pricing Date:
3. Subsequent Transfer Date: July 22, 1997
4. Aggregate Principal Balance of the Subsequent
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: 8.610%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $212,148.74
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: ______ months
7. July 1997 first payment date: -0-
8. WAC of all Mortgage Loans: ______%
9. WAM of all Mortgage Loans: ______ months
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 1997-2
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
FOR SUB-POOL 2
Series 1997-2
July 22, 1997
A.
1. Subsequent Cut-off Date: July 21, 1997
2. Pricing Date:
3. Subsequent Transfer Date: July 22, 1997
4. Aggregate Principal Balance of the Subsequent
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: 180 months
2. Longest original term to maturity: 360 months
3. Lowest Mortgage Rate: 3.75%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $705,104.48
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: _____ months
7. July 1997 first payment date: -0-
8. WAC of all Mortgage Loans: _____%
9. WA Gross Margin: _____
10. WAM of all Mortgage Loans: _____ months
11. Maximum Weighted average CLTV: _____%
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: -0-
5
<PAGE>
ADDITION NOTICE
Date: July 22, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of June 1, 1997,
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 1997-2 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 July 22, 1997, with an aggregate principal balance of
$13,300,000.00*. 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 A. SORICELLI
----------------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ SHASHANK MISHRA
--------------------------------
Name: Shashank Mishra
Title: First Vice President
Date: July 22, 1997
6
<PAGE>
ADDITION NOTICE
Date: July 22, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of June 1, 1997,
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 1997-2 Sub-Pool 2
------------------------------------------------------------
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 July 22, 1997, with an aggregate principal balance of
$24,600,000.00*. 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 A. SORICELLI
----------------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ SHASHANK MISHRA
------------------------------
Name: Shashank Mishra
Title: First Vice President
Date: July 22, 1997
7
<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 June 1, 1997, 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: July 22, 1997 By: /s/ WILLIAM C. BRACKEN
---------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/22/97
Originations
Sale ID Account Name Address City
------- ------------ ---- ------- -----
<S> <C> <C> <C> <C>
SB68 6142927 SMITH BARRY S 12170 SE VIRGINIA COURT SANDY
SB68 6144509 COX ANDREW W 1831 NORTH ALBANY AVENUE CHICAGO
SB68 6145583 HESCH JODI M 15251 EAST RADCLIFF DRIVE AURORA
SB68 6146072 CLABAUGH ROBERT 4608 FIRTREE LANE SPARKS
SB68 6146133 TSELEKIS PETER N 715 NORTH DRURY ARLINGTON HEIGHTS
SB68 6146168 KALAVITY KAREN F 4872 JULIAN STREET DENVER
SB68 6146450 NEUENSWANDER JOHN B 290 NORTH 600 EAST PLEASANT GROVE
SB68 6146538 FURUICHI ISAMU 7630 WEST 4TH AVENUE LAKEWOOD
SB68 6146824 ANZELMO JOSEPH F 1064 NORTH ARROYA MESA
SB68 6146883 BINGHAM CHRISTOPHE G 8541 HUNTS POINTS LANE HUNTS POINT
SB68 6146916 BURNS JEFFREY M 2024 NORTH NEVADA AVENUE COLORADO SPRINGS
SB68 6147154 BURROWS R R 1816 WEST 800 NORTH MAPLETON
SB68 6147230 SCHMIDT PETER A 7440 150TH LANE RAMESY
SB68 6147489 DI LEO MARY 397 PROSPECT AVENUE BROOKLYN
SB68 6147540 BOVEE LINDA M 5345 DEL PAZ DRIVE COLORADO SPRINGS
SB68 6147581 PEELE JOSEPH 1595 NEW YORK AVENUE BROOKLYN
SB68 6147797 MILLER MARK W 775 BUCKEYE COURT RIFLE
SB68 6147855 ROSS MARY E 2235 NORTH 700 WEST LEHI
SB68 6147858 PITRE ARTHUR 2400 NORTH JERUSALEM AVENU NORTH BELLMORE
SB68 6147963 HOWARD ROBERT L 2366 BUNYAK STERLING
SB68 6148064 MCGILLIVRAY SEAN M 862 WAVERLY HEIGHTS DRIVE THOUSAND OAKS
SB68 6148067 KOCH SUSAN L 1529 ARBUTUS DRIVE WALNUT CREEK
SB68 6148101 KERR CLINTON JR 307 LINCOLN STREET EAST KIMBERLY
SB68 6148137 MAJEWSKI DAVID M 33107 KENTUCKY LIVONIA
SB68 6148188 CARROLL JOHN 6093 SOUTH ZODIAC DRIVE SALT LAKE CITY
SB68 6148216 ESPINOSA JUAN J 6815 NORTH RIDGE CHICAGO
SB68 6148312 BROUGH F W 1076 EAST 8175 SOUTH SANDY
SB68 6148388 LORENZ MICHAEL J 3240 CASHILL BOULEVARD RENO
SB68 6148390 WHITE ROBERT H JR 133-15 228TH STREET LAURELTON
SB68 6148460 SEATH VALERIE G 10530 SOUTHWEST COWAN ROAD VASHON
SB68 6148538 KASCAK PHILLIP T 6365 GEMSTONE WAY COLORADO SPRINGS
SB68 6148564 KLIPFEL FRANK 13685 HALLELUIAH TRAIL ELBERT
SB68 6148604 BELMONT DANIEL 1695 WEST 380 SOUTH PROVO
SB68 6148618 HOFFMAN TAMARA K 3916 EAST 100 NORTH RIGBY
SB68 6148657 FOREST ALAN O 4217 NORTH 81ST DRIVE PHOENIX
SB68 6148689 CARLSON LAWRENCE D 4474 141ST AVENUE SOUTHEAS BELLEVUE
SB68 6148736 COATS DAVID A SR 12221 RANDOLPH PLACE DENVER
SB68 6148785 WHITING DANIEL TYLER 40 EAST 1575 NORTH OREM
SB68 6148797 JONES TREVOR W E 101 MELLINGTON LANE PEACHTREE CITY
SB68 6148833 FRIDLEY JASON E 1014 LINCOLN ANDERSON
SB68 6148860 WEST RONALD A 11762 W RAMROD DRIVE BOISE
SB68 6148867 SENETHAVILAY OUTHOM 5245 WILLAMETTE PLACE BOISE
SB68 6148870 SMITH JERRY K 2920 EAST EDGEWOOD AVENUE MESA
SB68 6148879 BOYLES BELINDA E 728 SECLUSION GLEN AVENUE LAS VEGAS
SB68 6149006 LITSCHER LEWIS T 1130 ADELMANN AVENUE BROOKFIELD
SB68 6149051 HEFFERNAN STEPHEN F III 325 WALLACE WAY MCMINNVILLE
SB68 6149066 TAYLOR MARILYN 2617 EAST VALLEY STREET SEATTLE
SB68 6149074 BIAS BRENDA J 3013 ISLANDVIEW COURT NW GIG HARBOR
SB68 6149090 HILL TIMOTHY T 11170 N 71ST AVENUE PEORIA
SB68 6149153 KIRSCHENBAUM JOHN M 14024 NE 32ND PLACE BELLEVUE
SB68 6149157 STAFFORD MARCUS E 748 NORTHRIDGE AVENUE SPRINGFIELD
SB68 6149176 TRABER THERESE A 2543 MOONRIDGE DRIVE GRAND JUNCTION
SB68 6149194 CAMACHO TOMAS JR 2622 FRONT ROYAL DRIVE COLORADO SPRINGS
SB68 6149204 SINGH ASHUKOMAR 112-13 103RD AVENUE RICHMOND HILL
SB68 6149240 BREUNICH SCOTT R 139 SUNFLOWER DRIVE WINDSOR
SB68 6149242 REYNOLDS JEFFREY S 8103 SOUTH MAPLE GROVE DRI WEST JORDAN
SB68 6149260 BUNKER KAREN 272 NOICE DRIVE SALINAS
SB68 6149273 STEVENS BRUCE H 3856 SPRINGHILL AVENUE LAS VEGAS
SB68 6149277 GREENE WILLIAM J 702 33RD AVENUE NORTHWEST GIG HARBOR
SB68 6149298 WOLF BARRY 67-43 198TH STREET FRESH MEADOWS
SB68 6149319 MOHR SHANOR 6452 S EBERHART CHICAGO
SB68 6149323 HOWARD MARY K 12730 HUBBELL DETROIT
SB68 6149386 GROGAN JEFFREY B 1402 JACKSON STREET OREGON CITY
SB68 6149442 GROGAN JANICE J 4714 EAST VALLEY VIEW DRIV PHOENIX
</TABLE>
<TABLE>
<CAPTION>
Pricipal Cut-off Date First Original Current Scheduled
Originations Zip Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account State Code Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----- ---- ----------- ------------ ------- -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB68 6142927 OR 97055 44,000.00 43,437.97 05/01/97 04/01/12 176.32 09/01/97 88.9 11.750 521.02
SB68 6144509 IL 60647 37,100.00 37,064.66 07/01/97 06/01/12 178.32 08/01/97 78.9 14.450 505.34
SB68 6145583 CO 80015 26,500.00 26,445.98 06/02/97 05/02/12 177.34 08/02/97 84.9 13.300 299.37
SB68 6146072 NV 88436 22,700.00 22,700.00 06/01/97 05/01/12 177.30 08/01/97 84.7 12.925 249.78
SB68 6146133 IL 60004 42,000.00 42,000.00 07/11/97 06/11/12 178.65 08/11/97 67.5 12.350 443.37
SB68 6146168 CO 80221 80,750.00 80,750.00 08/01/97 07/01/12 179.31 08/01/97 85.0 11.950 827.50
SB68 6146450 UT 84062 43,052.00 43,052.00 08/01/97 07/01/12 179.31 08/01/97 75.0 13.100 479.61
SB68 6146538 CO 80226 16,800.00 16,720.87 05/23/97 04/23/12 177.04 07/23/97 84.9 13.300 189.79
SB68 6146824 AZ 85205 34,500.00 34,464.32 06/12/97 05/12/12 177.67 08/12/97 81.1 15.650 454.22
SB68 6146883 WA 98004 105,000.00 105,000.00 07/01/97 06/01/12 178.32 07/01/97 84.8 13.350 1,190.30
SB68 6146916 CO 80907 49,000.00 49,000.00 06/28/97 05/28/12 178.19 07/28/97 89.7 12.050 505.91
SB68 6147154 UT 84664 24,020.00 23,964.29 07/03/97 06/03/12 178.39 08/03/97 76.3 14.550 295.09
SB68 6147230 MN 55303 20,000.00 20,000.00 08/01/97 07/01/12 179.31 08/01/97 79.9 13.990 266.21
SB68 6147489 NY 11215 30,000.00 29,689.08 06/16/97 05/16/07 117.80 08/16/97 86.3 14.000 465.80
SB68 6147540 CO 80918 27,888.00 27,888.00 08/01/97 07/01/12 179.31 08/01/97 74.7 13.000 352.85
SB68 6147581 NY 11210 159,700.00 159,527.29 07/16/97 06/16/27 358.82 08/16/97 86.3 11.400 1,569.32
SB68 6147797 CO 81650 14,217.00 14,217.00 08/01/97 07/01/12 179.31 08/01/97 90.0 11.800 168.80
SB68 6147855 UT 84043 41,867.00 41,867.00 08/01/97 07/01/12 179.31 08/01/97 80.0 15.850 610.53
SB68 6147858 NY 11710 43,600.00 43,466.00 06/27/97 05/27/07 118.16 07/27/97 72.5 10.650 591.98
SB68 6147963 MI 48659 36,000.00 35,946.27 07/17/97 06/17/27 358.85 08/17/97 75.0 14.000 426.55
SB68 6148064 CA 91360 48,000.00 48,000.00 08/01/97 07/01/12 179.31 08/01/97 79.9 14.300 580.16
SB68 6148067 CA 94595 36,150.00 36,023.73 08/01/97 07/01/12 179.31 08/01/97 84.6 11.800 366.29
SB68 6148101 ID 83341 22,958.00 22,958.00 08/01/97 07/01/12 179.31 08/01/97 89.7 11.650 270.39
SB68 6148137 MI 48150 113,000.00 113,000.00 07/01/97 06/01/27 358.32 08/01/97 84.9 10.350 1,021.01
SB68 6148188 UT 84118 17,300.00 17,300.00 07/01/97 06/01/12 178.32 08/01/97 74.5 14.800 239.76
SB68 6148216 IL 60645 168,000.00 168,000.00 07/01/97 06/01/27 358.32 08/01/97 80.0 11.850 1,708.70
SB68 6148312 UT 84094 30,242.00 30,242.00 07/01/97 06/01/12 178.32 07/01/97 79.7 12.200 315.74
SB68 6148388 NV 89509 30,700.00 30,700.00 08/01/97 07/01/12 179.31 08/01/97 79.8 13.500 351.64
SB68 6148390 NY 11413 126,900.00 126,900.00 07/01/97 06/01/12 178.32 08/01/97 84.7 12.650 1,576.48
SB68 6148460 WA 98070 95,000.00 95,000.00 08/01/97 07/01/12 179.31 08/01/97 71.9 11.250 922.70
SB68 6148538 CO 80918 35,920.00 35,920.00 08/01/97 07/01/12 179.31 08/01/97 80.0 13.250 460.40
SB68 6148564 CO 80106 35,000.00 35,000.00 08/01/97 07/01/12 179.31 08/01/97 77.3 12.750 380.34
SB68 6148604 UT 84601 36,237.00 36,237.00 08/01/97 07/01/12 179.31 08/01/97 90.0 11.550 424.47
SB68 6148618 ID 83442 20,000.00 20,000.00 08/01/97 07/01/12 179.31 08/01/97 79.9 12.550 214.23
SB68 6148657 AZ 85033 15,000.00 15,000.00 08/01/97 07/01/12 179.31 08/01/97 83.9 10.800 168.61
SB68 6148689 WA 98006 73,733.00 73,733.00 08/01/97 07/01/12 179.31 08/01/97 79.4 11.500 730.17
SB68 6148736 CO 88239 23,000.00 22,976.69 07/16/97 06/16/17 238.82 08/16/97 69.3 10.800 234.28
SB68 6148785 UT 84057 19,622.00 19,622.00 08/01/97 07/01/12 179.31 08/01/97 79.9 14.250 264.62
SB68 6148797 GA 30269 50,000.00 50,000.00 08/01/97 07/01/12 179.31 08/01/97 79.1 11.400 580.92
SB68 6148833 IN 46016 25,200.00 25,152.55 07/17/97 06/17/12 178.85 08/17/97 90.0 11.800 255.34
SB68 6148860 ID 83713 16,000.00 16,000.00 08/01/97 07/01/12 179.31 08/01/97 77.8 11.000 181.86
SB68 6148867 ID 83705 15,450.00 15,450.00 08/01/97 07/01/12 179.31 08/01/97 90.0 12.050 185.92
SB68 6148870 AZ 85204 16,739.00 16,739.00 07/10/97 06/10/12 178.62 07/10/97 80.0 14.800 231.99
SB68 6148879 NV 89123 27,917.00 27,917.00 08/01/97 07/01/12 179.31 08/01/97 89.0 11.650 279.66
SB68 6149006 WI 53045 26,000.00 25,954.80 07/10/97 06/10/12 178.62 08/10/97 58.0 12.350 317.92
SB68 6149051 OR 97128 16,717.00 16,717.00 08/01/97 07/01/12 179.31 08/01/97 54.9 12.050 201.17
SB68 6149066 WA 98112 140,000.00 140,000.00 08/01/97 07/01/27 359.31 08/01/97 78.6 12.000 1,440.06
SB68 6149074 WA 98335 17,100.00 17,100.00 08/01/97 07/01/17 239.31 08/01/97 81.9 12.400 193.08
SB68 6149090 AZ 85345 26,200.00 26,200.00 08/01/97 07/01/12 179.31 08/01/97 79.8 14.250 353.33
SB68 6149153 WA 98007 80,000.00 80,000.00 08/01/97 07/01/12 179.31 08/01/97 84.9 12.250 973.04
SB68 6149157 OR 97477 34,350.00 34,350.00 08/01/97 07/01/12 179.31 08/01/97 88.5 11.550 402.37
SB68 6149176 CO 81505 38,944.00 38,944.00 08/01/97 07/01/17 239.31 08/01/97 84.9 12.750 449.34
SB68 6149194 CO 80919 25,000.00 25,000.00 08/01/97 07/01/12 179.31 08/01/97 84.5 11.800 253.31
SB68 6149204 NY 11419 17,200.00 17,200.00 07/25/97 06/25/07 119.11 07/25/97 73.5 10.800 234.99
SB68 6149240 CO 80550 43,500.00 43,500.00 08/01/97 07/01/12 179.31 08/01/97 67.7 11.000 414.26
SB68 6149242 UT 84088 60,500.00 60,211.77 08/01/97 07/01/12 179.31 09/01/97 89.6 12.200 631.64
SB68 6149260 CA 93906 26,900.00 26,900.00 06/28/97 05/28/12 178.19 07/28/97 89.8 12.750 292.33
SB68 6149273 NV 89121 39,500.00 39,500.00 08/01/97 07/01/12 179.31 08/01/97 89.7 11.800 469.00
SB68 6149277 WA 98335 50,091.00 50,091.00 08/01/97 07/01/12 179.31 08/01/97 85.0 12.750 625.55
SB68 6149298 NY 11365 18,700.00 18,603.82 07/18/97 06/18/07 118.88 08/18/97 89.9 11.990 268.18
SB68 6149319 IL 60637 55,200.00 55,200.00 07/18/97 06/18/12 178.88 07/18/97 84.9 12.400 584.85
SB68 6149323 MI 48227 28,000.00 27,911.40 07/11/97 06/11/27 358.65 08/11/97 83.5 12.650 302.09
SB68 6149386 OR 97045 40,607.00 40,387.23 08/01/97 07/01/12 179.31 09/01/97 85.0 11.850 483.44
SB68 6149442 AZ 85044 29,750.00 29,750.00 08/01/97 07/01/17 239.31 08/01/97 84.9 12.250 332.77
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/22/97
Originations
Sale ID Account Name Address City
------- ------------ ---- ------- -----
<S> <C> <C> <C> <C>
SB68 6149445 KYLE LESLEE V V 2906 ROCKY POINT ROAD BREMERTON
SB68 6149446 CLARK WARREN J 7633 SOUTH BALSAM COURT LITTLETON
SB68 6149452 STILWELL TIMOTHY W 3400 DEER TRACK LANE MONROE
SB68 6149477 CERCONE DONNA M 344 SOUTH VAUGHN WAY AURORA
SB68 6149516 BRUSS WILLIAM 2614 NORTH CLYBOURN AVE. # CHICAGO
SB68 6149541 CARTER EDWARD M 17342 CEDAR FALLS ROAD SE NORTH BEND
SB68 6149555 PARKS INES M 5502 CHEYENNE COURT RANCHO CUCAMONGA
SB68 6149600 GRISTE WILLIAM E 3404 DUMAS STREET SAN DIEGO
SB68 6149624 TRICOU BARBARA 11139 NORTHWEST ROAD PALOS HILLS
SB68 6149669 ANDERSON RONALD G 1516 GOLDEN SEA LANE NORTH LAS VEGAS
SB68 6149709 RUIZ MARY H 704 GOODRICH COURT PLATTEVILLE
SB68 6149762 ALLRED GUY D 898 WEST 2350 NORTH LEHI
SB68 6149786 PHARES ANN 9785 HIGH STREET THORNTON
SB68 6149805 CAMPBELL LORRAINE K 1133 EAST PRINCETON AVENUE SALT LAKE CITY
SB68 6149809 NIXT VIRGINIA A 6118 TRAILHEAD ROAD LITTLETON
SB68 6149823 YEAGER CHRISTINE A 10544 AETNA AVENUE NORTHEA MONTICELLO
SB68 6149851 JACKSON WILLIAM 201 MCCOMB HARVARD
SB68 6149867 DAVIS DOROTHY B 6625 ATHLETIC AVENUE COLORADO SPRINGS
SB68 6149893 HAIOLA GARY K 3878 WEST SEGAL CIRCLE WEST VALLEY CITY
SB68 6149910 POWELL DARWIN F 4478 SOUTH 4475 WEST WEST VALLEY CITY
SB68 6149923 KHOURY LOLA M 4288 BENNINGTON BOULEVARD BRUNSWICK
SB68 6149936 FUERY BESSIE M 5653 S ELIZABETH CHICAGO
SB68 6149959 FEIGT ARTHUR L JR 8973 WEST GRAND AVENUE LITTLETON
SB68 6149970 QUINTANA JUAN C 4006-4008 FOSTER CIRCLE COLORADO SPRINGS
SB68 6149976 FLEMING MICHAEL P 4630 EAST LAVENDER LANE PHOENIX
SB68 6149978 GORDON RANDY D 1990 NORTH 2000 WEST FARR WEST
SB68 6150030 JANG SEOK 1605 WATERMILL LANE PERRYSBURG
SB68 6150051 MEINKE RANDALL L W838 KLONDIKE ROAD BERLIN
SB68 6150076 YOO CHANG Y 4212 SOUTH EDWARD DRIVE SALT LAKE CITY
SB68 6150085 NALDER TODD R 9098 SOUTH LA GRANGE WAY SANDY
SB68 6150087 PERKINS CAROLYN KAY 2018 168TH AVENUE NE BELLEVUE
SB68 6150097 KULP JEFFREY T 2959 ELECTRA DRIVE SOUTH COLORADO SPRINGS
SB68 6150103 PAGE B S 3182 WEST 14883 SOUTH BLUFFDALE
SB68 6150105 VUONG LOC THI 2845 MOONSTONE VIEW COLORADO SPRINGS
SB68 6150121 KHAMO NAZAR 6429 N SACRAMENTO AVE CHICAGO
SB68 6150141 LUCHENE THOMAS J 8132 MEADOW LANE MUNSTER
SB68 6150150 ELABED HARBI 9831 N STONEY CREEK CARLETON
SB68 6150172 SCHMITZ MICHELLE L 6019 SOUTH VAN GORDON STRE LITTLETON
SB68 6150176 JIMENEZ MICHAEL J 7681 WEST OTTAWA PLACE LITTLETON
SB68 6150189 WIXOM BRAD D 4444 EAST EMIGRATION CANYO SALT LAKE CITY
SB68 6150337 LOERA EFREN V 368 JULIAN STREET DENVER
SB68 6150352 DARLING DARRELL L 13121 SOUTH 1800 WEST RIVERTON
SB68 6150389 POWELL KENNETH 2115 E 95TH PLACE CHICAGO
SB68 6150455 LANGE-MCCAUL SUSAN C 8304 ALLISON COURT ARVADA
SB68 6150464 BORK SONJA S 5498 WEST CYCLAMEN PLACE WEST JORDAN
SB68 6150590 MILES CRAIG J 4374 WEST 4450 SOUTH WEST HAVEN
SB68 6150793 ALEXANDER MARK 305 WEST 8900 SOUTH PARADISE
SB68 6150795 CARTER HEATHER 2205 EAST DELORES ROAD PHOENIX
SB68 6150825 ZELTNER KENT L 214 OLD COUNTY LANE EDWARDS
SB68 6150956 GALES MARGOT J 19735 NORTH 78TH LANE GLENDALE
SB68 6151027 BULL JAMES D 819 SOUTH 6700 WEST WEST WARREN
SB68 6151047 DALTON PAUL F 2093 BEECH COURT GOLDEN
SB68 6151068 BARTON RONALD N 11546 ADAMS STREET DENVER
----------------------------------------------
117 Sale Total
</TABLE>
<TABLE>
<CAPTION>
Pricipal Cut-off Date First Original Current Scheduled
Originations Zip Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account State Code Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----- ---- ----------- ------------ ------- -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB68 6149445 WA 98312 114,300.00 114,300.00 08/01/97 07/01/27 359.31 08/01/97 90.0 11.300 1,114.49
SB68 6149446 CO 80123 48,548.00 48,548.00 08/01/97 07/01/12 179.31 08/01/97 85.0 12.000 582.66
SB68 6149452 NC 28110 11,600.00 11,600.00 08/01/97 07/01/12 179.31 08/01/97 84.8 12.150 140.34
SB68 6149477 CO 80012 20,000.00 20,000.00 08/01/97 07/01/12 179.31 08/01/97 75.9 11.000 227.32
SB68 6149516 IL 60614 32,000.00 32,000.00 07/01/97 06/01/12 178.32 07/01/97 63.7 12.850 401.72
SB68 6149541 WA 98045 50,000.00 50,000.00 08/01/97 07/01/12 179.31 08/01/97 79.3 11.000 476.16
SB68 6149555 CA 91739 63,596.00 63,596.00 08/01/97 07/01/12 179.31 08/01/97 80.0 15.050 806.68
SB68 6149600 CA 92106 41,000.00 41,000.00 08/01/97 07/01/12 179.31 08/01/97 90.0 11.550 407.58
SB68 6149624 IL 60465 15,000.00 14,919.80 07/11/97 06/11/12 178.65 08/11/97 13.6 11.100 171.43
SB68 6149669 NV 89030 40,000.00 40,000.00 08/01/97 07/01/12 179.31 08/01/97 88.2 12.050 481.35
SB68 6149709 CO 80651 38,000.00 38,000.00 08/01/97 07/01/17 239.31 08/01/97 89.7 11.550 406.55
SB68 6149762 UT 84043 28,091.00 28,091.00 08/01/97 07/01/12 179.31 08/01/97 89.7 11.550 279.25
SB68 6149786 CO 80229 25,000.00 25,000.00 08/01/97 07/01/12 179.31 08/01/97 60.8 11.250 288.09
SB68 6149805 UT 84105 27,400.00 27,400.00 08/01/97 07/01/12 179.31 08/01/97 17.6 13.490 355.56
SB68 6149809 CO 80126 24,859.00 24,859.00 08/01/97 07/01/12 179.31 08/01/97 84.9 12.750 270.14
SB68 6149823 MN 55362 86,300.00 86,300.00 07/20/97 06/20/12 178.95 07/20/97 69.8 8.610 855.40
SB68 6149851 IL 60033 82,000.00 81,681.17 07/16/97 06/16/17 238.82 08/16/97 74.5 9.900 785.89
SB68 6149867 CO 80911 19,550.00 19,550.00 08/01/97 07/01/17 239.31 08/01/97 84.9 12.400 220.74
SB68 6149893 UT 84120 11,000.00 11,000.00 06/23/97 05/23/12 178.03 07/23/97 77.0 15.600 158.50
SB68 6149910 UT 84120 19,540.00 19,540.00 07/04/97 06/04/17 238.42 07/04/97 36.4 13.750 239.44
SB68 6149923 OH 44212 38,300.00 38,300.00 07/24/97 06/24/17 239.08 07/24/97 64.9 13.990 475.99
SB68 6149936 IL 60636 35,000.00 34,857.31 07/18/97 06/18/17 238.88 08/18/97 67.3 11.750 379.30
SB68 6149959 CO 80123 47,655.00 47,655.00 08/01/97 07/01/17 239.31 08/01/97 84.9 12.650 546.48
SB68 6149970 CO 80909 32,000.00 32,000.00 08/01/97 07/01/12 179.31 08/01/97 86.4 11.650 320.56
SB68 6149976 AZ 85044 11,650.00 11,650.00 08/01/97 07/01/12 179.31 08/01/97 89.8 12.050 140.19
SB68 6149978 UT 84404 20,300.00 20,300.00 07/11/97 06/11/12 178.65 08/11/97 79.4 13.850 268.30
SB68 6150030 OH 43551 82,800.00 82,737.54 07/11/97 06/11/27 358.65 08/11/97 89.9 11.900 845.32
SB68 6150051 WI 54923 46,100.00 45,867.66 07/23/97 06/23/12 179.05 08/23/97 79.9 11.050 525.42
SB68 6150076 UT 84124 52,000.00 52,000.00 08/01/97 07/01/12 179.31 08/01/97 84.9 12.250 544.91
SB68 6150085 UT 84093 30,845.00 30,811.57 07/05/97 06/05/12 178.45 08/05/97 90.0 12.500 329.20
SB68 6150087 WA 98008 67,000.00 67,000.00 08/01/97 07/01/12 179.31 08/01/97 89.6 11.550 666.05
SB68 6150097 CO 80906 50,000.00 50,000.00 08/01/97 07/01/12 179.31 08/01/97 86.5 11.300 577.75
SB68 6150103 UT 84065 132,800.00 132,800.00 08/01/97 07/01/12 179.31 08/01/97 79.9 10.300 1,451.55
SB68 6150105 CO 80906 80,000.00 80,000.00 08/01/97 07/01/17 239.31 08/01/97 82.6 12.750 923.05
SB68 6150121 IL 60645 40,700.00 40,700.00 07/24/97 06/24/12 179.08 07/24/97 89.3 12.300 428.07
SB68 6150141 IN 46321 29,100.00 29,037.04 07/20/97 06/20/12 178.95 08/20/97 85.0 10.400 319.87
SB68 6150150 MI 48117 108,000.00 108,000.00 07/23/97 06/23/12 179.05 07/23/97 69.6 11.500 1,069.51
SB68 6150172 CO 80127 43,274.00 43,274.00 08/01/97 07/01/12 179.31 08/01/97 85.0 12.750 470.26
SB68 6150176 CO 80123 23,300.00 23,300.00 08/01/97 07/01/12 179.31 08/01/97 84.9 12.400 285.66
SB68 6150189 UT 84108 99,740.00 99,740.00 08/01/97 07/01/12 179.31 08/01/97 79.9 10.900 942.32
SB68 6150337 CO 80219 17,613.00 17,613.00 08/01/97 07/01/12 179.31 08/01/97 84.9 10.550 195.24
SB68 6150352 UT 84065 28,248.00 28,248.00 07/24/97 06/24/17 239.08 07/24/97 35.9 10.600 283.92
SB68 6150389 IL 60617 44,200.00 44,200.00 07/26/97 06/26/17 239.15 07/26/97 74.9 12.000 486.68
SB68 6150455 CO 80005 35,000.00 35,000.00 08/01/97 07/01/12 179.31 08/01/97 81.2 10.300 314.94
SB68 6150464 UT 84084 13,000.00 12,994.47 07/02/97 06/02/12 178.36 08/02/97 59.2 15.600 187.32
SB68 6150590 UT 84315 111,800.00 111,800.00 08/01/97 07/01/12 179.31 08/01/97 79.9 10.900 1,056.26
SB68 6150793 UT 84328 29,500.00 29,500.00 08/01/97 07/01/12 179.31 08/01/97 84.9 12.250 358.81
SB68 6150795 AZ 85027 112,000.00 112,000.00 08/01/97 07/01/17 239.31 08/01/97 80.0 11.250 1,175.17
SB68 6150825 CO 81632 68,000.00 68,000.00 08/01/97 07/01/12 179.31 08/01/97 80.0 13.250 765.53
SB68 6150956 AZ 85308 53,402.00 53,402.00 08/01/97 07/01/12 179.31 08/01/97 85.0 11.000 508.56
SB68 6151027 UT 84404 52,000.00 51,953.25 07/11/97 06/11/12 178.65 08/11/97 87.2 13.000 657.93
SB68 6151047 CO 80401 39,000.00 38,715.30 08/01/97 07/01/12 179.31 09/01/97 86.3 11.050 372.88
SB68 6151068 CO 80233 42,021.00 41,743.59 08/01/97 07/01/12 179.31 09/01/97 90.0 11.300 485.56
--------------------------- ------ -------------------------
5,325,153.00 5,321,177.42 213.58 80.6 12.005 58,609.59
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/22/97
Originations
Sale ID Account Name Address City
------- ------- ---- ------- -----
<S> <C> <C> <C> <C>
SB69 6144097 SCHNOOR LEO 1236 NAVAJO DRIVE CARPENTERSVILLE
SB69 6147864 BENNETT ROOSEVELT 4410 NORTH TERRACE VIEW ST TOLEDO
SB69 6148202 BURTON ERNEST 425 OAKCREST DR PADUCAH
SB69 6148222 LACY BEVERLY KAY 1406 HOLLY COURT HOPKINSVILLE
SB69 6148910 TUCKER JAMES 4003 SEA WAVE COURT LOUISVILLE
SB69 6149312 HENRICH MARK 4600 131ST STREET WEST SAVAGE
----------------------------------------
6 Sale Total
</TABLE>
<TABLE>
<CAPTION>
Pricipal Cut-off Date First Original Current Scheduled
Originations Zip Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account State Code Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------- ----- ---- ----------- ------------ ------- -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB69 6144097 IL 60110 45,000.00 44,819.54 07/01/97 05/22/07 118.32 07/29/97 50.5 12.000 595.84
SB69 6147864 OH 43607 49,100.00 49,100.00 08/01/97 06/09/17 239.31 08/01/97 49.3 12.375 510.90
SB69 6148202 KY 42001 101,800.00 101,647.10 07/01/97 05/15/12 178.32 07/29/97 78.9 14.125 1,259.16
SB69 6148222 KY 42240 29,300.00 29,300.00 08/01/97 06/09/17 239.31 08/01/97 73.2 10.975 278.68
SB69 6148910 KY 40229 17,800.00 17,800.00 08/01/97 06/15/12 179.31 08/01/97 74.4 14.625 225.73
SB69 6149312 MN 55378 70,000.00 70,000.00 08/01/97 06/09/17 239.31 08/01/97 58.3 12.125 717.04
---------- ---------- ------ ---- ------ --------
313,000.00 312,666.64 198.72 64.8 12.831 3,587.35
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/22/97
Originations
Sale ID Account Name Address City
------- ------------ ---- ------- -----
<S> <C> <C> <C> <C>
SBC70 800025819 DAVIS WAYNE A 616 EAST 26TH STREET BROOKLYN
SBC70 800135071 CONIGLIARO ANTONINO 68 CROFT PL STATEN ISLAND
SBC70 800137531 ST HELEN ROBERT L 8927 SE HARRISON ST PORTLAND
SBC70 800138695 RENCHER CHARLES 180 MCDONOUGH STREET BROOKLYN
SBC70 800138893 HARNER KEMPER LEE 134 WILLIS ROAD TAYLORS
SBC70 800141061 FURTADO FRANK 39 PERRY ST SOUTH DARTMOUTH
SBC70 800142663 HANCOCK JAMES B 6105 TIREE STREET FAYETTEVILLE
SBC70 800148561 THAW CHARLES 8 PAGODA LN FREEHOLD
SBC70 800148819 NOVICELLI GAIL 70 BUTTON ST MERIDEN
SBC70 800150963 WHITE KELLY C 113-20 196TH STREET ST. ALBANS
SBC70 800152795 WHITEHEAD REBECCA E 113 FAIRLAWN CT COLUMBIA
SBC70 800157570 PINALES DANNY 5 WEST 11TH STREET HAZLETON
SBC70 800158008 VANBRUNT WILLIAM 273 SPRING VALLEY RD MORGANVILLE
SBC70 800158735 MCCLARY SMIT MELISSA B 31 SANFORD ST WEST HAVEN
SBC70 800160681 SIGMON H DAVID 3 RT BOX 798 CONOVER
SBC70 800162448 MILTON ELEANOR M PIONEER DRIVE JERSEY SHORE
SBC70 800163438 WATERLAND HELEN 1421 OLD WILMINGTON RD HOCKESSIN
SBC70 800169518 SADIQ ZAHID 172 BERGEN STREET WOODBRIDGE
SBC70 800170284 PHELAN T KEENAN 403 BOULEVARD GLEN ROCK
SBC70 800173643 WOOD MICHAEL A 2745 HOPE ROAD EASTON
SBC70 800176604 GINYARD DELORIS A 1209 IRON FORGE RD DISTRICT HEIGHTS
SBC70 800176638 DESTIN MAURICE 27 HILDRETH STREET DORCHESTER
SBC70 800176984 THOMPSON KENNETH A 21 HENRY ST MANSFIELD
SBC70 800178428 WISDOM LIDDON 1312 OAKLEY STREET BRONX
SBC70 800179772 WINNOR RICHARD ALLEN 20305 HIGHLAND HALL DRIVE GAITHERSBURG
SBC70 800181141 DUNN SUSAN B. 364 RADFORD COURT GLEN MILLS
SBC70 800181158 ROSEN RICHARD S 48 INKBERRY RD LEVITTOWN
SBC70 800181935 DALY JAMES E 12 PHILIP ST HUDSON
SBC70 800182065 ARCIPRETE RICHARD 395 WESTERVELT AVENUE STATEN ISLAND
SBC70 800182768 LUKE DONALD L 12541 CHICORA LANE JACKSONVILLE
SBC70 800184426 WITTIG JOHN S 38 WEST OAK STREET TRESKOW
SBC70 800184806 AYERS RUTH 73 S PEARL ST OAKFIELD
SBC70 800185597 MCDOWELL DANIEL 634 DUNN DRIVE ALTAMONTE SPRINGS
SBC70 800187189 WRIGHT JOSEPH C 1207 WEST 28TH STREET ERIE
SBC70 800188682 THOMPSON CHARLES E 4061 MELROSE DR MARTINEZ
SBC70 800189227 MAPES LINDA K 6135 99TH TERRACE N PINELLAS PARK
SBC70 800190274 BARTON ROBERT J 18 MAPLE STREET CORNWALL
SBC70 800190563 WALLACE LEROY 233 EAST 57TH STREET BROOKLYN
SBC70 800190639 COULAZ MICHAEL E 6 DARLENE TERRACE FARMINGDALE
SBC70 800190910 RAULSTON DAVID M 244 SOUTH 400 EAST SPRINGVILLE
SBC70 800191868 TRINH NAM 127 GLENDALE PARK ROCHESTER
SBC70 800193401 COLLINS PETER B 21 DEERFIELD DRIVE TRUMBULL
SBC70 800195513 KUHN THEODORE H 11096 SANDBANK ROAD FREEDOM
SBC70 800199549 TEIXEIRA FLAVIO 43 MARGARET STREET TIVERTON
SBC70 800199747 DIAZ LUIS 27 NORTHRIDGE DR CORAM
SBC70 800202103 DARDEN ANTONEEN Y 66 PAERDEGAT 1ST STREET BROOKLYN
SBC70 800202715 RAY RALPH E 1614 WINTERS AVE SHADYSIDE
SBC70 800204364 KEANE CHRISTOPHE J 23 11TH AVENUE SCITUATE
SBC70 800204620 CLAYCOMB GARY 16224 SE 252ND TERRACE UMATILLA
SBC70 800206229 WHITTAKER DORIS L 65 WAREHAM ROAD DUMONT
SBC70 800208472 VIGGIANO NICHOLAS 22 GARDEN TERRACE SHELTON
SBC70 800208514 STANTON RICHARD D 5593 AMERICAN CIRCLE DELRAY BEACH
SBC70 800210650 GRIMES BERT A 1415 ITCHEPACKESASSA DRIVE LAKELAND
SBC70 800211120 OEHLER LYNN 14221 MIRA LOMA RD RENO
SBC70 800211658 BHAGWANDEEN SUMITRA 90-52 179TH PLACE JAMAICA
SBC70 800211682 SILBERT CRAIG 10 W CREAMERY ROAD HILLTOWN
SBC70 800212367 DONERO JOSEPH M 15412 BANJO DRIVE HUDSON FL
SBC70 800212383 CASCIA REV PHILIP J 12 UNION CITY RD PROSPECT
SBC70 800212649 CARLSON ARTHUR WILLIAM 80 AVALON LANE ABERDEEN
SBC70 800212862 GRECO GERARD A 808 CARL COURT WANTAGH
SBC70 800214793 REED DAVID W 6020 MEADOWDALE DRIVE WINSTON SALEM
SBC70 800214900 BERGER NORMAN R RR 1 BOX 72 HENRYVILLE
SBC70 800215287 STONE LAWRENCE 3840 HIGHGATE DRIVE VALRICO
SBC70 800215618 KENDER VINCENT A 134 ELBERON AVENUE PATERSON
</TABLE>
<TABLE>
<CAPTION>
Pricipal Cut-off Date First Original Current Scheduled
Originations Zip Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account State Code Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ----------- ----- ---- ----------- ------------ ------- -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC70 800025819 NY 11201 157,500.00 157,500.00 12/06/96 11/06/11 171.52 07/06/97 70.0 11.600 1,571.74
SBC70 800135071 NY 10314 29,900.00 28,869.93 05/01/97 04/01/12 176.32 09/01/97 85.7 13.450 341.30
SBC70 800137531 OR 97216 77,609.00 77,438.54 05/01/97 04/01/27 356.32 08/01/97 57.4 8.990 623.90
SBC70 800138695 NY 11216 30,000.00 29,997.65 04/27/97 03/27/12 176.15 07/27/97 18.4 10.600 276.67
SBC70 800138893 SC 29687 37,500.00 37,467.84 05/01/97 04/01/17 236.32 08/01/97 75.0 11.750 406.39
SBC70 800141061 MA 02748 31,600.00 31,412.70 04/28/97 03/28/12 176.19 07/28/97 79.9 13.500 410.27
SBC70 800142663 NC 28303 49,000.00 48,638.72 05/01/97 04/01/12 176.32 08/01/97 70.0 9.250 504.30
SBC70 800148561 NJ 07728 70,000.00 69,931.30 07/01/97 06/01/17 238.32 08/01/97 61.7 9.550 654.78
SBC70 800148819 CT 06450 41,100.00 40,965.93 04/26/97 03/26/17 236.12 07/26/97 38.8 12.500 466.95
SBC70 800150963 NY 11412 164,700.00 164,700.00 07/06/97 06/06/12 178.49 08/06/97 90.0 12.500 1,757.77
SBC70 800152795 SC 29203 53,465.00 53,416.11 05/01/97 04/01/12 176.32 07/01/97 85.0 11.000 509.16
SBC70 800157570 PA 18201 25,415.00 25,402.08 07/01/97 06/01/17 238.32 08/01/97 85.0 11.900 278.07
SBC70 800158008 NJ 07751 36,000.00 35,924.40 07/13/97 06/13/12 178.72 08/13/97 48.0 9.550 377.01
SBC70 800158735 CT 06516 86,700.00 86,700.00 04/24/97 03/24/12 176.05 07/24/97 85.0 12.950 955.69
SBC70 800160681 NC 28613 24,900.00 24,900.00 05/08/97 04/08/12 176.55 08/08/97 89.9 12.750 270.59
SBC70 800162448 PA 17740 32,800.00 32,800.00 07/01/97 06/01/12 178.32 08/01/97 80.0 12.800 410.69
SBC70 800163438 DE 19707 43,955.00 43,955.00 07/06/97 06/06/12 178.49 08/06/97 84.7 12.050 453.82
SBC70 800169518 NJ 07095 110,000.00 110,000.00 05/17/97 04/17/12 176.84 08/17/97 84.6 13.990 1,302.49
SBC70 800170284 NJ 07452 69,740.00 69,448.43 06/19/97 05/19/12 177.90 08/19/97 83.9 13.700 809.80
SBC70 800173643 PA 18042 183,200.00 182,890.70 07/10/97 06/10/12 178.62 08/10/97 80.0 11.000 1,744.66
SBC70 800176604 MD 20747 30,000.00 29,956.75 07/17/97 06/17/12 178.85 08/17/97 85.3 12.900 329.52
SBC70 800176638 MA 02124 113,050.00 113,050.00 07/01/97 06/01/27 358.32 08/01/97 85.0 13.300 1,277.12
SBC70 800176984 MA 02048 21,200.00 21,161.40 05/16/97 04/16/12 176.81 07/16/97 89.9 12.990 268.09
SBC70 800178428 NY 10466 26,000.00 26,000.00 07/01/97 06/01/12 178.32 08/01/97 90.0 13.650 300.88
SBC70 800179772 MD 20879 50,211.00 50,211.00 07/06/97 06/06/12 178.49 07/06/97 89.5 11.800 508.76
SBC70 800181141 PA 19342 25,000.00 25,000.00 07/17/97 06/17/12 178.85 08/17/97 57.7 11.250 242.82
SBC70 800181158 PA 19057 11,000.00 11,000.00 06/21/97 05/21/17 237.96 07/21/97 85.0 12.900 128.09
SBC70 800181935 MA 01749 28,500.00 28,500.00 05/24/97 04/24/12 177.07 07/24/97 86.1 12.750 355.92
SBC70 800182065 NY 10304 176,000.00 176,000.00 07/09/97 06/09/27 358.59 08/09/97 85.8 10.750 1,642.93
SBC70 800182768 FL 32258 32,000.00 31,846.85 06/07/97 05/07/12 177.50 08/07/97 89.9 11.900 382.00
SBC70 800184426 PA 18254 27,000.00 26,902.08 06/05/97 05/05/12 177.44 08/05/97 90.0 12.050 324.91
SBC70 800184806 NY 14125 31,300.00 31,300.00 07/01/97 06/01/27 358.32 07/01/97 85.7 13.350 354.82
SBC70 800185597 FL 32714 10,420.00 10,420.00 07/11/97 06/11/12 178.65 07/11/97 83.9 12.750 130.13
SBC70 800187189 PA 16508 22,189.00 22,189.00 02/13/97 01/13/12 173.75 07/13/97 90.0 11.150 213.83
SBC70 800188682 GA 30907 10,000.00 9,982.24 05/25/97 04/25/12 177.11 07/25/97 90.0 13.250 128.18
SBC70 800189227 FL 34465 55,200.00 55,200.00 06/01/97 05/01/12 177.30 07/01/97 80.0 11.050 527.77
SBC70 800190274 NY 12518 15,000.00 14,996.79 07/11/97 06/11/17 238.65 08/11/97 56.4 11.750 162.56
SBC70 800190563 NY 11203 40,000.00 39,968.39 05/28/97 04/28/17 237.21 07/28/97 83.8 13.800 491.61
SBC70 800190639 NY 11735 78,500.00 78,500.00 06/01/97 05/01/17 237.30 08/01/97 89.7 10.500 783.73
SBC70 800190910 UT 84663 34,000.00 33,699.53 06/07/97 05/07/07 117.50 07/07/97 77.2 12.600 499.67
SBC70 800191868 NY 14613 31,500.00 31,500.00 07/01/97 06/01/27 358.32 07/01/97 68.4 12.200 328.87
SBC70 800193401 CT 06611 40,000.00 39,939.26 07/04/97 06/04/12 178.42 08/04/97 89.8 10.650 445.89
SBC70 800195513 NY 14085 34,000.00 34,000.00 07/01/97 06/01/27 358.32 07/01/97 46.0 11.850 345.81
SBC70 800199549 RI 02878 40,000.00 39,967.80 07/04/97 06/04/12 178.42 08/04/97 87.0 10.500 365.90
SBC70 800199747 NY 11727 22,500.00 22,459.75 07/10/97 06/10/17 238.62 08/10/97 82.9 12.500 255.63
SBC70 800202103 NY 11236 187,450.00 187,450.00 07/12/97 06/12/27 358.68 08/12/97 85.9 13.600 2,161.83
SBC70 800202715 MD 20764 37,788.00 37,772.11 07/11/97 06/11/12 178.65 08/11/97 89.9 12.050 390.15
SBC70 800204364 MA 02066 34,500.00 34,500.00 07/17/97 06/17/12 178.85 07/17/97 84.4 12.750 374.91
SBC70 800204620 FL 32784 43,200.00 43,200.00 07/12/97 06/12/17 238.68 07/12/97 90.0 12.550 492.34
SBC70 800206229 NJ 07628 100,000.00 99,964.57 07/02/97 06/02/12 178.36 08/02/97 64.1 12.450 1,229.27
SBC70 800208472 CT 06484 28,500.00 28,483.62 07/17/97 06/17/12 178.85 08/17/97 85.0 12.750 309.71
SBC70 800208514 FL 33484 33,000.00 33,000.00 07/09/97 06/09/07 118.59 07/09/97 30.8 10.600 447.14
SBC70 800210650 FL 33810 27,000.00 27,000.00 07/18/97 06/18/17 238.88 07/18/97 70.7 11.150 281.45
SBC70 800211120 NV 89511 50,000.00 50,000.00 07/04/97 06/04/12 178.42 08/04/97 72.7 10.500 552.70
SBC70 800211658 NY 11423 34,000.00 34,000.00 07/16/97 06/16/12 178.82 07/16/97 84.7 12.750 369.48
SBC70 800211682 PA 18927 43,350.00 43,320.46 06/28/97 05/28/12 178.19 07/28/97 90.0 12.500 534.30
SBC70 800212367 FL 34667 26,900.00 26,878.58 07/06/97 06/06/17 238.49 08/06/97 89.9 12.150 299.01
SBC70 800212383 CT 06712 27,850.00 27,771.76 07/01/97 06/01/17 238.32 08/01/97 84.9 12.900 324.31
SBC70 800212649 NJ 07747 42,500.00 42,500.00 07/24/97 06/24/12 179.08 07/24/97 87.1 10.550 471.11
SBC70 800212862 NY 11793 20,000.00 19,970.74 07/04/97 06/04/12 178.42 08/04/97 49.7 9.900 213.70
SBC70 800214793 NC 27105 16,552.00 16,552.00 07/13/97 06/13/17 238.72 08/13/97 85.0 12.750 190.98
SBC70 800214900 PA 18332 43,000.00 43,000.00 07/23/97 06/23/12 179.05 07/23/97 59.7 12.150 520.23
SBC70 800215287 FL 33594 34,800.00 34,800.00 07/16/97 06/16/12 178.82 07/16/97 83.8 12.400 426.66
SBC70 800215618 NJ 07502 30,000.00 30,000.00 07/18/97 06/18/12 178.88 07/18/97 74.0 11.650 353.32
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/22/97
Originations
Sale ID Account Name Address City
------- ------------ ---- ------- -----
<S> <C> <C> <C> <C>
SBC70 800215824 O'MALLEY JOHN C 227 OXBOW ROAD ORSON
SBC70 800215907 BERMAN SELMA 92 BUSH AVENUE STATEN ISLAND
SBC70 800216194 BOHANON L C 199 AMHERST STREET HEMPSTEAD
SBC70 800216970 YOUNG GLENN P 4 LAMONT AVENUE GLENOLDEN
SBC70 800217127 KEEPERS THOMAS 35 SKYHIGH BARTONSVILLE
SBC70 800218869 PAUL GLADYS 290 SOUTH KING STREET ELMONT
SBC70 800218950 GUISTWITE BRUCE D 3925 RIVER ROAD LOT 1 MUHLENBERG TWP
SBC70 800219370 SALLUSTRO WILLIAM ROBERT 28 KING ROAD ROCKY POINT
SBC70 800220105 MUSACCHIO LELIO 15 CUTRONI ROAD NORWALK
SBC70 800220543 BENISH LOUIS D 25 HARRISON STEET PITTSBURGH
SBC70 800221251 MCINTOSH DONN H 1125 E CROSS STREET YPSILANTI
SBC70 800222499 DEHNER JOYCE L 506 EAST 17TH STREET COVINGTON
SBC70 800222523 THEODOROPOUL VASILIOS S 45 ARROWHEAD LANE EAST SETAUKET
SBC70 800222564 DALTON MARY K 4026 CARRIE AVE CINCINNATI
SBC70 800222887 DEESE ROBERT H 8514 SANDY PLAINS ROAD BALTIMORE
SBC70 800223075 FRAZIER MATTHEW WAYNE 118 N POTOMAC BALTIMORE
SBC70 800223257 MORRISON WILLIAM R 1475 WOODVIEW ROAD YARDLEY
SBC70 800223588 BREEN DIANNE KVAPIL 9906 79TH STREET SOUTHWEST TACOMA
SBC70 800223638 TESSIER JOSEPH 4970 NORTHWEST 82ND TERRAC LAUDERHILL
SBC70 800223752 NGUYEN THAN 2719 WEST LASALLE STREET TAMPA
SBC70 800223893 CUZO LUIS 131 HIGHVIEW PLACE BOGOTA
SBC70 800224347 UHATAFE NAVITALAI 4240 42ND AVENUE NORTH ST PETERSBURG
SBC70 800225328 JONES CHARLES W 4403 LAMSON AVENUE SPRING HILL
SBC70 800225377 FRACK GARY W 2816 SE BALFOUR MILWAUKIE
SBC70 800225393 THOMAS FRED 987 ISLIP AVENUE CENTRAL ISLIP
SBC70 800225583 LEMMONS SHARON 29621 BENJAMIN DRIVE WESLEY CHAPEL
SBC70 800226037 GROGAN MICHAEL T 6806 SE MADRONA DRIVE MILWAUKIE
SBC70 800227779 HEAFNER RICHARD E 45614 NE 89TH AVENUE WOODLAND
SBC70 800228710 SCHETTINO DANTE 154 BERWICK AVE FAIRFIELD
SBC70 800228819 PIRONE THOMAS 418 LIVERMORE AVENUE STATEN ISLAND
SBC70 800230278 AMORUSO FRANK J 1039 TRAYMORE BOULEVARD ISLAND PARK
SBC70 800230757 PASTORI JAMES H 318 NE 34TH PLACE HILLSBORO
SBC70 800231201 FERGUSON JOYCE L 19 COTTAGE COURT MECHANICSBURG
SBC70 800231284 COSTELLO JOHN M 136 HIGH ST HINGHAM
SBC70 800232282 CHIMIENTI BEULAH L 2332 NORTH WEST BUCK STREE WEST LINN
SBC70 800232340 HAUGHT JOSEPH L 1306 HURON AVENUE NEW CASTLE
SBC70 800232506 BROWNE ELTON 2284 NAMEOKE AVENUE FAR ROCKAWAY
SBC70 800232894 FREEMAN LARRY RICHARD 5968 SPINNER ROAD HOPE MILLS
SBC70 800233215 ELLIOT JACK 221 TUPELO ROAD NAPLES
SBC70 800233728 HUYNH PHAN 80-21 BELL BLVD BAYSIDE
SBC70 800234718 HARMON RANDALL A 21050 SOUTH FERGUSON ROAD OREGON CITY
SBC70 800235913 STEPHENS TERRIE 3598 BEECHWOOD TERRACE NOR PINELLAS PARK
SBC70 800236275 BENTING GARY LEE 7016 MADISON SE GRAND RAPIDS
SBC70 800237448 DEWAELE MARILYN T 1039 34TH AVENUE NORTH ST PETERSBURG
SBC70 800238230 WILBER RICHARD F 35 SIMONS POND ROAD COLEBROOK
SBC70 800238925 SEIDEL KONRAD 2277 RIVERWOOD COURT SARASOTA
SBC70 800239592 BARLOW DOROTHY E 333 OVERBROOK BOULEVARD LARGO
SBC70 800239683 SULLIVAN URSULA BENKERT 27916 GREEN WILLOW RUN WESLEY CHAPEL
SBC70 800240103 PEREZ RANDALL G 15255 HWY 85 WAVERLY HALL
SBC70 800240715 ROMANO CHARLES A 2361 PARKVIEW AVENUE NORRISTOWN
SBC70 800241366 NEEDHAM DONALD W 219 DALRYMPLE FARM ROAD BROADWAY
SBC70 800243065 SZCZYPINSKI STANISLAW 2465 FOSTER LANE SARASOTA
SBC70 800243099 COOKE CRANE J. 2028 ORTON ROAD CLAYTON
SBC70 800243651 DAVIS LINDA M 5951 LIVERMORE LANE NAPLES
SBC70 800244980 SMITH ANN MARIE 5811 42ND AVENUE NORTH ST PETERSBURG
SBC70 800245037 HORNER DANIEL V 12210 TWIN LAKE DRIVE NEW PORT RICHEY
SBC70 800245367 STANCHI CHRISTOPHE W 12399 HANLEY DRIVE SPRING HILL
SBC70 800245441 WOLFF KENNETH J 3946 SARDIS ROAD MURRYSVILLE
SBC70 800248940 WEBB PAULINE G 603 ORCHID LANE ALTAMONTE SPRINGS
------------------------------------
123 Sale Total
</TABLE>
<TABLE>
<CAPTION>
Pricipal Cut-off Date First Original Current Scheduled
Originations Zip Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account State Code Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ----------- ----- ---- ----------- ------------ ------- -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC70 800215824 PA 18449 19,857.00 19,827.68 07/18/97 06/18/12 178.88 08/18/97 84.9 10.800 223.21
SBC70 800215907 NY 10303 110,500.00 110,475.85 06/16/97 05/16/12 177.80 07/16/97 85.0 13.200 1,239.65
SBC70 800216194 NY 11550 10,000.00 9,866.06 07/13/97 06/13/12 178.72 09/13/97 66.1 10.300 109.30
SBC70 800216970 PA 19036 22,743.00 22,743.00 07/24/97 06/24/12 179.08 07/24/97 85.9 12.750 284.02
SBC70 800217127 PA 18321 12,500.00 12,470.34 07/18/97 06/18/12 178.88 08/18/97 84.9 12.650 155.29
SBC70 800218869 NY 11003 30,000.00 30,000.00 06/27/97 05/27/12 178.16 06/27/97 79.9 10.990 285.47
SBC70 800218950 PA 19605 59,400.00 59,400.00 07/17/97 06/17/27 358.85 08/17/97 84.9 12.500 633.95
SBC70 800219370 NY 11778 117,300.00 117,300.00 07/17/97 06/17/12 178.85 08/17/97 85.0 12.150 1,220.12
SBC70 800220105 CT 06850 100,000.00 99,887.76 07/11/97 06/11/12 178.65 08/11/97 55.5 10.990 1,135.97
SBC70 800220543 PA 15205 22,000.00 22,000.00 07/20/97 06/20/07 118.95 07/20/97 87.4 12.050 316.27
SBC70 800221251 MI 48198 78,000.00 78,000.00 07/04/97 06/04/27 358.42 08/04/97 87.6 11.550 775.40
SBC70 800222499 KY 41014 41,600.00 41,600.00 08/01/97 07/01/12 179.31 08/01/97 80.0 13.750 484.69
SBC70 800222523 NY 11733 48,900.00 48,900.00 07/02/97 06/02/17 238.36 08/02/97 83.9 13.150 578.13
SBC70 800222564 OH 45211 54,000.00 54,000.00 07/01/97 06/01/27 358.32 07/01/97 75.0 12.450 574.22
SBC70 800222887 MD 21222 60,000.00 59,853.97 07/01/97 06/01/12 178.32 08/01/97 84.3 12.250 729.78
SBC70 800223075 MD 21224 43,400.00 43,400.00 07/06/97 06/06/12 178.49 08/06/97 70.0 11.500 429.79
SBC70 800223257 PA 19067 35,500.00 35,500.00 07/20/97 06/20/12 178.95 07/20/97 85.1 12.500 437.55
SBC70 800223588 WA 98498 33,000.00 33,000.00 07/16/97 06/16/12 178.82 07/16/97 70.3 10.300 360.70
SBC70 800223638 FL 33351 25,000.00 25,000.00 07/11/97 06/11/12 178.65 07/11/97 84.4 12.750 312.21
SBC70 800223752 FL 33607 20,550.00 20,530.25 07/18/97 06/18/12 178.88 08/18/97 85.0 12.750 256.64
SBC70 800223893 NJ 07603 117,000.00 116,873.07 07/16/97 06/16/27 358.82 08/16/97 79.5 11.000 1,114.22
SBC70 800224347 FL 33714 28,200.00 28,118.41 07/18/97 06/18/12 178.88 08/18/97 60.0 11.250 324.96
SBC70 800225328 FL 34608 12,700.00 12,700.00 07/13/97 06/13/12 178.72 07/13/97 89.7 12.650 157.77
SBC70 800225377 OR 97222 27,800.00 27,781.95 07/11/97 06/11/12 178.65 08/11/97 38.5 9.900 297.04
SBC70 800225393 NY 11722 99,000.00 99,000.00 07/10/97 06/10/12 178.62 07/10/97 90.0 12.500 1,056.58
SBC70 800225583 FL 33543 29,750.00 29,750.00 07/12/97 06/12/12 178.68 07/12/97 70.0 9.800 316.06
SBC70 800226037 OR 97222 31,450.00 31,450.00 07/16/97 06/16/17 238.82 07/16/97 89.9 11.800 341.92
SBC70 800227779 WA 98674 29,500.00 29,500.00 07/23/97 06/23/07 119.05 07/23/97 57.7 9.900 388.21
SBC70 800228710 CT 06432 30,000.00 30,000.00 07/03/97 06/03/12 178.39 08/03/97 77.5 10.550 275.54
SBC70 800228819 NY 10314 182,000.00 182,000.00 07/10/97 06/10/27 358.62 08/10/97 68.6 10.600 1,678.45
SBC70 800230278 NY 11558 25,000.00 24,867.83 07/20/97 06/20/07 118.95 08/20/97 77.9 11.250 347.92
SBC70 800230757 OR 97123 35,000.00 35,000.00 07/16/97 06/16/07 118.82 07/16/97 85.7 10.150 465.44
SBC70 800231201 PA 17055 65,000.00 64,814.25 07/03/97 06/03/17 238.39 08/03/97 59.0 10.600 653.32
SBC70 800231284 MA 02043 48,000.00 48,000.00 07/18/97 06/18/12 178.88 07/18/97 74.6 11.500 475.34
SBC70 800232282 OR 97068 33,600.00 33,600.00 07/18/97 06/18/27 358.88 07/18/97 22.4 10.900 317.44
SBC70 800232340 PA 16101 47,000.00 47,000.00 07/23/97 06/23/12 179.05 07/23/97 78.9 10.300 422.92
SBC70 800232506 NY 11691 59,000.00 58,924.35 07/18/97 06/18/17 238.88 08/18/97 83.2 10.990 608.59
SBC70 800232894 NC 28348 50,670.00 50,670.00 07/18/97 06/18/07 118.88 07/18/97 75.6 10.350 679.47
SBC70 800233215 FL 34108 60,000.00 60,000.00 07/23/97 06/23/12 179.05 07/23/97 63.7 11.000 571.39
SBC70 800233728 NY 11427 70,850.00 70,850.00 07/18/97 06/18/12 178.88 07/18/97 84.9 12.500 873.24
SBC70 800234718 OR 97045 40,800.00 40,800.00 07/23/97 06/23/12 179.05 07/23/97 73.5 10.150 442.19
SBC70 800235913 FL 33781 10,000.00 10,000.00 07/17/97 06/17/12 178.85 07/17/97 79.8 13.250 128.17
SBC70 800236275 MI 49548 76,000.00 76,000.00 07/18/97 06/18/27 358.88 07/18/97 81.7 11.900 775.90
SBC70 800237448 FL 33704 40,900.00 40,900.00 07/16/97 06/16/12 178.82 07/16/97 69.3 12.000 420.70
SBC70 800238230 CT 06021 78,000.00 77,724.63 07/18/97 06/18/12 178.88 08/18/97 69.6 11.000 886.55
SBC70 800238925 FL 34231 40,400.00 40,270.66 07/24/97 06/24/12 179.08 08/24/97 79.9 11.250 465.55
SBC70 800239592 FL 33770 36,000.00 35,961.00 07/16/97 06/16/27 358.82 08/16/97 72.0 11.150 346.92
SBC70 800239683 FL 33544 50,700.00 50,700.00 07/23/97 06/23/12 179.05 07/23/97 65.0 10.500 560.44
SBC70 800240103 GA 31831 28,000.00 28,000.00 07/20/97 06/20/17 238.95 07/20/97 60.0 10.750 284.26
SBC70 800240715 PA 19403 17,181.00 17,181.00 07/23/97 06/23/12 179.05 07/23/97 84.9 12.250 180.04
SBC70 800241366 NC 27505 32,300.00 32,300.00 07/18/97 06/18/12 178.88 07/18/97 88.3 11.500 377.33
SBC70 800243065 FL 34239 33,000.00 33,000.00 07/23/97 06/23/12 179.05 07/23/97 74.0 11.000 375.08
SBC70 800243099 NC 27520 72,450.00 72,392.24 07/20/97 06/20/17 238.95 08/20/97 90.0 12.550 825.69
SBC70 800243651 FL 34119 159,750.00 159,750.00 07/23/97 06/23/12 179.05 07/23/97 75.0 10.750 1,491.24
SBC70 800244980 FL 33709 44,800.00 44,800.00 07/20/97 06/20/27 358.95 07/20/97 64.0 11.600 447.07
SBC70 800245037 FL 34654 22,400.00 22,351.08 07/18/97 06/18/12 178.88 08/18/97 70.0 11.750 265.25
SBC70 800245367 FL 34608 44,000.00 44,000.00 07/20/97 06/20/27 358.95 07/20/97 80.0 10.990 418.69
SBC70 800245441 PA 15668 76,900.00 76,900.00 07/20/97 06/20/17 238.95 07/20/97 84.9 12.500 873.69
SBC70 800248940 FL 32714 88,000.00 88,000.00 07/19/97 06/19/27 358.92 08/19/97 80.0 10.750 821.46
-------------------------- ------ --------------------------
6,237,395.00 6,231,959.39 226.57 77.4 11.719 67,158.49
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/22/97
Originations
Sale ID Account Name Address City
------- ------------ ---- ------- -----
<S> <C> <C> <C> <C>
SBCL19 6141620 VELEZ LUIS 673 RIVERDALE AVENUE BROOKLYN
SBCL19 6141705 HOLMES LOUIS W 1800 EAST MAIN STREET RICHMOND
SBCL19 6142207 VELEZ LUIS 635 VERMONT STREET BROOKLYN
SBCL19 6144297 KOULADJIAN KEVORK 980-982 NORTH CLINTON AVEN ROCHESTER
SBCL19 6144625 MONTES DE OCA FRANCE 16 & 18 LOCUST STREET BROOKLYN
SBCL19 6145298 FERNANDEZ NIEVES E 193 EMMET STREET NEWARK
SBCL19 6147548 PETRICCIONE MICHAEL J 215 BLAKE STREET NEW HAVEN
SBCL19 6147568 JOHNSON WILLIE 1402-18 E 73RD ST CHICAGO
SBCL19 6147630 CAMACHO RAMON 722 VAN SICLEN AVENUE BROOKLYN
SBCL19 6148055 FULTZ ROBERT 1245-47 S CALIFORNIA AVE CHICAGO
SBCL19 6148599 MARTIN REGINALD 1218 UNIVERSITY AVENUE BRONX
---------------------------------------
11 Sale Total
257 Total with Superior
257 Grand Total
</TABLE>
<TABLE>
<CAPTION>
Pricipal Cut-off Date First Original Current Scheduled
Originations Zip Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account State Code Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ----------- ----- ---- ----------- ------------ ------- -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBCL19 6141620 NY 11203 125,000.00 124,813.02 07/01/97 06/01/12 178.32 08/01/97 50.0 15.000 1,749.48
SBCL19 6141705 VA 23223 85,000.00 85,000.00 07/01/97 06/01/12 178.32 07/01/97 62.5 11.100 971.45
SBCL19 6142207 NY 11203 125,000.00 124,813.02 07/01/97 06/01/12 178.32 08/01/97 50.0 15.000 1,749.48
SBCL19 6144297 NY 14621 135,000.00 135,000.00 07/01/97 06/01/12 178.32 07/01/97 48.2 14.750 1,702.98
SBCL19 6144625 NY 11201 212,550.00 212,148.74 05/01/97 04/01/12 176.32 08/01/97 65.0 11.100 2,098.61
SBCL19 6145298 NJ 07114 180,000.00 179,649.84 06/01/97 05/01/12 177.30 07/01/97 34.2 12.300 2,195.16
SBCL19 6147548 CT 06515 105,000.00 105,000.00 07/01/97 06/01/12 178.32 07/01/97 50.0 14.500 1,433.78
SBCL19 6147568 IL 60619 200,000.00 199,700.83 06/01/97 05/01/12 177.30 07/01/97 47.1 15.000 2,799.17
SBCL19 6147630 NY 11207 193,000.00 192,083.74 07/01/97 06/01/22 298.32 08/01/97 57.6 13.990 2,321.78
SBCL19 6148055 IL 60608 70,700.00 70,700.00 08/01/97 07/01/22 299.31 08/01/97 62.0 12.800 786.75
SBCL19 6148599 NY 10452 79,200.00 79,200.00 08/01/97 07/01/12 179.31 08/01/97 55.0 14.500 1,081.48
---------------------------- ------ --------------------------
1,510,450.00 1,508,109.19 198.79 52.2 13.595 18,890.12
13,385,998.00 13,373,912.64 217.62 75.6 12.071 148,245.55
13,385,998.00 13,373,912.64 217.62 75.6 12.071 148,245.55
</TABLE>
<PAGE>
<TABLE>
Page 1
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE A
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Origination Zip
Sale ID Account Name Address City State Code
------- ------- ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SB561 6130644 KRUEGER DONALD P 7724 13TH LANE ST. LOUIS PARK MN 55426
SB561 6135154 WHEELER CHARLES E 4426 NORTH APPLE BLOSSOM L CEDAR CITY UT 84720
SB561 6136739 CHIRABOGA GUSTAVO 6332 NORTH RICHMOND CHICAGO IL 60659
SB561 6141866 FARIDIAN KIYOUMARCE 23261 ROANOKE OAK PARK MI 48237
SB561 6142975 DANZY VIRGINIA 1944 MONROE LANE GARY IN 46407
SB561 6143821 MUFFLER GREGORY A 527 EAST MAIN STREET OTTAWA IL 61350
SB561 6143822 MUFFLER GREGORY A ROUTE 1 BOX 516 OTTERTAIL MN 56571
SB561 6144199 MATHEWS HELENA 14501 DES PLAINES HARVEY IL 60426
SB561 6144945 WALKER RICHARD 1500 SEMINOLE DETROIT MI 48214
SB561 6145024 CWIK LAWRENCE J 2325 NW HOYT STREET PORTLAND OR 97210
SB561 6145235 LEE JOHN 620 BLACKS CORNERS IMLAY CITY MI 48444
SB561 6145245 CAPSOCOLIS NICK 22059 CHASE DRIVE 5 MONT NOVI MI 48375
SB561 6145345 STAKEN JOAN M 5703 KATRINE DOWNERS GROVE IL 60516
SB561 6145379 WELLMAN LYLE G 6880 WEST 6000 NORTH DELTA UT 84624
SB561 6145525 KHEIREDDINE ALI N 21532 HICKORYWOOD DEARBORN HEIGHTS MI 48127
SB561 6145815 STROM WILLIAM H 10806 WEST BERMUDA DRIVE AVONDALE AZ 85323
SB561 6146504 GRASWICK RONALD J 30411 TOWNLEY MADISON HEIGHTS MI 48071
SB561 6146505 BATES ROBERT A 2403 KINCAID MELVINDALE MI 48122
SB561 6146506 LYNCH EDWARD III 2472 BRIARCLIFF DRIVE HIGHLAND MI 48357
SB561 6146638 MATHEWS RAY 3460 SOUTH 5225 WEST CEDAR CITY UT 84720
SB561 6146802 COLE JEFFREY L 3405 CRICKWOOD DRIVE INDIANAPOLIS IN 46268
SB561 6146976 TRACY ANN B 3851 WEST SADDLER DRIVE WEST JORDAN UT 84088
SB561 6147025 ADAMS DOREEN F 20560 ALCOY AVENUE DETROIT MI 48205
SB561 6147122 MCNALLY KATHLEEN L 20355 RIPPLING LANE NORTHVILLE MI 48167
SB561 6147274 KLOKANOVSKI CANE 6003 WHITEFIELD DEARBORN HEIGHTS MI 48127
SB561 6147331 REYNOLDS GEOFFREY T 160 ST ANDREWS CIRCLE DURANGO CO 81301
SB561 6147363 HENNESSEY ROSE 8103 STANDARD CENTERLINE MI 48015
SB561 6147557 GEORGIOU EVANGELOS 13847 SW CAROLINA COURT TIGARD OR 97224
SB561 6147617 SALEH AHMED H 7304 KINGSLEY DEARBORN MI 48126
SB561 6147765 BANUELOS FRANCISCO J 2537 EAST LA JOLLA DRIVE TEMPE AZ 85282
SB561 6147886 ADAMS SCOTT L 2757 HEATHFIELD BLOOMFIELD TOWNSHIP MI 48301
SB561 6147959 LEWIS FRED A 5399 KIMBERLY DRIVE GRAND BLANC MI 48439
SB561 6147960 HILLIARD TODD A 5491 N PRENTISS STREET MILWAUKEE WI 53218
SB561 6148008 COX DOUGLAS P 355 MONSANTO BOULEVARD SODA SPRINGS ID 83276
SB561 6148036 HOLMAN ROBERT S 1791 OVERLOOK LANE MENDOTA HEIGHTS MN 55118
SB561 6148135 PORATH SCOTT 738 W FOURTH AVENUE OSH KOSH WI 54901
SB561 6148140 WEST MICHAEL SR RR1 BOX 248 LOOGOOTEE IN 47553
SB561 6148195 REGIMBAL EUGENE W 21912 NE LAKE COURT TROUTDALE OR 97060
SB561 6148348 RESSLER TIMOTHY D 113 MILTON COURT BOULDER CITY NV 89005
SB561 6148628 ARJONA MARCELINO I 1454 HONEYSUCKLE LANE SAN DIEGO CA 92114
SB561 6148668 CAMPBELL RICARDO 437 EAST 46TH PLACE CHICAGO IL 60653
SB561 6148674 IVEY WARREN 3032 POTOMAC ANN ARBOR MI 48108
SB561 6148707 GOSCHA ROSS 10191 PRESTWICK TRAIL LITTLETON CO 80124
SB561 6148708 BANKS PAUL T 9066 WEST 3200 SOUTH MAGNA UT 84044
SB561 6148718 DAVIDSON JEFFREY L 7846 58TH AVENUE NE OLYMPIA WA 98516
SB561 6148777 FELDMAN ALAN M 9600 BLOWING SAND CIRCLE LAS VEGAS NV 89117
SB561 6148805 HAYS FLOZELL E JR 1733 HUNTERS BLUFF DRIVE NORTH LAS VEGAS NV 89030
SB561 6148886 RYAN BILLIE JO 310 SOUTH RANDOLPH STREET GARRETT IN 46738
SB561 6148922 SATO SUZUE 7240 SOUTH BROADWAY LITTLETON CO 80122
SB561 6148945 HAGGINS OLIVER 204 SPRING ROAD SE RIO RANCHO NM 87124
SB561 6149011 CROWE ROBERT D 25600 BELLADONNA LYON TOWNSHIP MI 48178
SB561 6149012 SPURLIN TONY D 304 LOU LANE GREENSBURG IN 47240
SB561 6149123 FAIRLESS ERNIE 4418 E WILSON CLIO MI 48420
SB561 6149129 KRYDA SUSAN M 28042 CURTIS LIVONIA MI 48152
SB561 6149132 VAN RIPER CHARLES A III 15997 DALBY REDFORD MI 48239
SB561 6149230 NAGEL JAMES 41730 CRESTON COURT CANTON MI 48187
SB561 6149353 FISHER NORMAN L 5002 EAST MINERAL CIRCLE LITTLETON CO 80122
SB561 6149369 ALLEN GREGORY M 17745 SARAZEN LANE SUNRIVER OR 97707
SB561 6149478 MARK TERI J 7889 WEST FREMONT AVENUE LITTLETON CO 80123
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Origination Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Origination Balance Date Date Rate Rate Rate Margin
------- ------- ----------- ------- ---- ---- ---- ---- ---- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB561 6130644 50,400.00 50,190.16 12/01/96 11/01/26 9.125 9.125 15.125 5.250
SB561 6135154 63,750.00 63,581.38 02/01/97 01/01/27 10.125 10.125 16.125 6.750
SB561 6136739 257,400.00 256,720.60 02/01/97 01/01/27 10.125 9.125 16.125 5.250
SB561 6141866 66,000.00 65,756.78 04/01/97 03/01/27 9.500 8.500 15.500 6.250
SB561 6142975 53,600.00 53,559.58 05/01/97 04/01/27 12.625 11.625 18.625 7.500
SB561 6143821 110,000.00 110,000.00 08/01/97 07/01/27 12.375 11.375 18.375 6.750
SB561 6143822 40,100.00 40,100.00 08/01/97 07/01/27 12.375 11.375 18.375 6.750
SB561 6144199 39,000.00 38,972.05 06/01/97 05/01/27 11.000 10.000 17.000 5.750
SB561 6144945 281,200.00 280,998.56 06/01/97 05/01/27 11.000 10.000 17.000 5.750
SB561 6145024 195,900.00 195,793.42 06/01/97 05/01/27 12.250 11.250 18.250 7.500
SB561 6145235 80,700.00 80,700.00 08/01/97 07/01/27 11.250 10.250 17.250 7.500
SB561 6145245 261,500.00 261,393.25 07/01/97 06/01/27 10.375 10.375 16.375 6.500
SB561 6145345 45,000.00 44,951.94 06/01/97 05/01/27 9.125 9.125 15.125 5.000
SB561 6145379 72,800.00 72,545.38 06/01/97 05/01/17 11.000 10.000 17.000 6.250
SB561 6145525 125,600.00 125,551.41 07/01/97 06/01/27 10.625 10.625 16.625 8.250
SB561 6145815 114,400.00 114,400.00 08/01/97 07/01/27 11.625 10.625 17.625 7.000
SB561 6146504 73,200.00 73,185.06 08/01/97 07/01/27 13.500 12.500 19.500 7.750
SB561 6146505 63,900.00 63,900.00 07/01/97 06/01/27 10.000 9.000 16.000 6.750
SB561 6146506 179,300.00 179,211.81 07/01/97 06/01/27 9.500 8.500 15.500 5.500
SB561 6146638 28,000.00 28,000.00 08/01/97 07/01/12 11.875 10.875 17.875 7.250
SB561 6146802 97,500.00 97,477.06 07/01/97 06/01/27 12.875 11.875 18.875 7.500
SB561 6146976 72,600.00 72,600.00 08/01/97 07/01/27 8.875 8.875 14.875 5.250
SB561 6147025 51,000.00 51,000.00 08/01/97 07/01/27 10.000 10.000 16.000 6.000
SB561 6147122 78,000.00 78,000.00 07/01/97 06/01/27 10.875 10.875 16.875 7.000
SB561 6147274 35,000.00 34,983.44 06/01/97 05/01/27 12.875 11.875 18.875 8.250
SB561 6147331 148,700.00 148,700.00 08/01/97 07/01/27 10.500 9.500 16.500 6.000
SB561 6147363 55,200.00 55,185.06 07/01/97 06/01/27 12.250 11.250 18.250 8.500
SB561 6147557 240,000.00 239,700.62 06/01/97 05/01/27 8.375 8.375 14.375 4.500
SB561 6147617 123,200.00 123,153.62 07/01/97 06/01/27 10.750 9.750 16.750 7.500
SB561 6147765 76,000.00 76,000.00 08/01/97 07/01/27 9.875 8.875 15.875 5.250
SB561 6147886 110,000.00 109,944.46 07/01/97 06/01/27 9.375 9.375 15.375 6.250
SB561 6147959 72,000.00 72,000.00 08/01/97 07/01/27 12.000 11.000 18.000 7.000
SB561 6147960 50,400.00 50,400.00 08/01/97 07/01/27 11.500 11.500 17.500 7.500
SB561 6148008 63,750.00 63,731.76 07/01/97 06/01/27 12.000 11.000 18.000 7.500
SB561 6148036 105,000.00 105,000.00 08/01/97 07/01/27 9.250 8.250 15.250 4.500
SB561 6148135 79,200.00 79,200.00 08/01/97 07/01/27 10.000 9.000 16.000 5.250
SB561 6148140 70,000.00 70,000.00 08/01/97 07/01/27 12.875 11.875 18.875 7.500
SB561 6148195 152,900.00 152,848.38 07/01/97 06/01/27 11.250 10.250 17.250 6.750
SB561 6148348 417,600.00 417,424.88 08/01/97 07/01/27 10.250 10.250 16.250 5.750
SB561 6148628 103,250.00 103,250.00 08/01/97 07/01/27 9.250 8.250 15.250 4.750
SB561 6148668 120,000.00 120,000.00 08/01/97 07/01/27 12.625 11.625 18.625 7.750
SB561 6148674 165,200.00 165,107.38 07/01/97 06/01/27 8.875 8.875 14.875 6.000
SB561 6148707 705,500.00 705,104.48 07/01/97 06/01/27 8.875 8.875 14.875 5.250
SB561 6148708 97,500.00 97,297.78 08/01/97 07/01/12 11.625 10.625 17.625 7.000
SB561 6148718 214,600.00 214,600.00 08/01/97 07/01/27 10.500 9.500 16.500 6.000
SB561 6148777 204,000.00 204,000.00 08/01/97 07/01/27 9.375 8.375 15.375 4.750
SB561 6148805 123,165.00 123,165.00 08/01/97 07/01/27 11.000 10.000 17.000 6.500
SB561 6148886 31,500.00 31,500.00 08/01/97 07/01/27 12.625 11.625 18.625 7.250
SB561 6148922 89,250.00 89,250.00 08/01/97 07/01/27 10.125 10.125 16.125 6.500
SB561 6148945 120,000.00 120,000.00 08/01/97 07/01/27 9.000 8.000 15.000 4.500
SB561 6149011 138,800.00 138,756.85 07/01/97 06/01/27 11.625 11.625 17.625 8.250
SB561 6149012 70,500.00 70,500.00 08/01/97 07/01/27 11.125 10.125 17.125 6.250
SB561 6149123 123,700.00 123,646.72 07/01/97 06/01/27 10.125 9.125 16.125 6.000
SB561 6149129 73,900.00 73,872.18 07/01/97 06/01/27 10.750 9.750 16.750 7.500
SB561 6149132 47,000.00 46,972.96 08/01/97 07/01/27 8.750 7.750 14.750 5.500
SB561 6149230 105,600.00 105,568.06 07/01/97 06/01/27 11.750 10.750 17.750 7.250
SB561 6149353 487,800.00 487,800.00 08/01/97 07/01/27 8.875 8.875 14.875 5.250
SB561 6149369 320,000.00 320,000.00 08/01/97 07/01/27 10.500 9.500 16.500 6.000
SB561 6149478 128,000.00 128,000.00 08/01/97 07/01/27 11.125 10.125 17.125 6.500
</TABLE>
<PAGE>
<TABLE>
Page 2
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE A
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Origination Zip
Sale ID Account Name Address City State Code
------- ------- ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SB561 6149638 DOKOVIC SULEJMAN 23159 COLGATE FARMINGTON HILLS MI 48336
SB561 6149651 SINGLETON CHARLOTTE L 8412 SOUTH UPHAM WAY LITTLETON CO 80123
SB561 6149653 ERICKSON DONALD 20306 108TH AVENUE COURT E GRAHAM WA 98338
SB561 6149716 TRISOLIERE ELLEN L 288 E QUINCY RIVERSIDE IL 60546
SB561 6149741 ROBERTO ARTHUR 1626 S MORGAN CHICAGO IL 60608
SB561 6149742 GETTINGS JOHNNIE B 4742 SOUTH LANGLEY AVENUE CHICAGO IL 60615
SB561 6149743 MURPHY JOYCE E 11610 SOUTH LOOMIS ST CHICAGO IL 60643
SB561 6149751 WEHRLY ROBERT B 458 STEADFIELD COMMERCE TOWNSHIP MI 48382
SB561 6149841 MONTGOMERY DAVID 1018 SOUTH OAKLEY CHICAGO IL 60612
SB561 6149862 RAHMAN MATIUR 2342-44 EVALINE HAMTRAMCK MI 48212
SB561 6149868 GUTIERREZ ABEL 4909 SOUTH FLOWER WAY LITTLETON CO 80123
SB561 6149873 MARTIN RHONDA L 23426 SOUTH POWER ROAD HIGLEY AZ 85236
SB561 6149889 PAULSON MARGARET J 3045 WEST GAIL ROAD PHOENIX AZ 85029
SB561 6149961 WILHELM JEAN R 8150 SOUTH SAN JUAN RANGE LITTLETON CO 80127
SB561 6149972 SWEENEY DEBBIE 13925 67TH AVENUE SOUTHEAS SNOHOMISH WA 98290
SB561 6149973 ENNES JOHN A 32911 39TH SW FEDERAL WAY WA 98023
SB561 6150040 VUCIC MIHAILO 2218 NORTH HAMILTON CHICAGO IL 60647
SB561 6150044 EID ISSAM 6652 CALHOUN DEARBORN MI 48126
SB561 6150052 PATTY TERRY L 228 NORTH HACKLEY STREET MUNCIE IN 47305
SB561 6150055 CHANDLER LETICIA L 6528 QUAIL RUN FISHERS IN 46038
SB561 6150425 MONTGOMERY BRUCE A 44574 WESTMINISTER WAY CANTON MI 48187
SB561 6150427 NORRIS DARRELL R 320 GARLAND YPSILANTI MI 48197
SB561 6150451 KELLY WANDA J 11507 EAST HIGHLINE PLACE AURORA CO 80010
SB561 6150452 DEANE ERIN K 14174 SOUTH ALDER CREEK LA MULINO OR 97042
SB561 6150454 GENTRY RICKY C 9386 WEST WAGON TRAIL CIRC LITTLETON CO 80123
SB561 6150463 STUBBS RICHARD A 3006 ARCADIA STREET NORTH COLORADO SPRINGS CO 80916
SB561 6150579 TOTH DAVID 6471 YARROW STREET ARVADA CO 80004
SB561 6150611 EDGE RONALD H 5688 SOUTH WILDERLAND LANE TAYLORSVILLE UT 84118
SB561 6150616 TUTKO DAVID E 17146 EAST UNION PLACE AURORA CO 80015
SB561 6150665 JAJOU DHIA 2107 COMMON ROAD WARREN MI 48092
SB561 6150669 OPENBRIER JOSEPH R 2755 IOWA TROY MI 48083
SB561 6150686 BRITTON LARRY T 5480 STATE ROAD 144 GREENWOOD IN 46143
SB561 6150693 BLACKBURN ALAN D 4910 SOUTH 2125 WEST ROY UT 84067
SB561 6150748 EPPS MARK S 1725 RUSTIC LANE KEEGO HARBOR MI 48320
SB561 6150757 BADAWI IMAD 7723 HAZELTON DEARBORN HEIGHTS MI 48127
SB561 6150764 BURWELL JAMES L 0312 BUCK POINT ROAD CARBONDALE CO 81623
SB561 6150824 BOUFFARD JOHN A 1901 SOUTH GALAPAGO STREET DENVER CO 80223
SB561 6150919 LOVE LISA D 4405 SOUTH MCALLISTER AVEN TEMPE AZ 85282
SB561 6150961 BIALKE-FITZP KATHLEEN P 1425 OWL RIDGE DRIVE COLORADO SPRINGS CO 80919
SB561 6151004 OPLCHENSKI ATANAS 8025 N LARAMIE AVENUE SKOKIE IL 60077
SB561 6151016 DIKHO JOHN T 6920 ROSEMONT DETROIT MI 48228
SB561 6151022 RASMUSSEN KAREN J 4557 44TH STREET NORTHEAST TACOMA WA 98422
SB561 6151116 GALBREATH RUSSELL L 5438 N 75TH STREET MILWAUKEE WI 53218
SB561 6151139 SIPES MICHAEL W 5029 SOUTH 182ND STREET SEATAC WA 98188
SB561 6151274 WILLIAMS TYRONNE 3433 HUNTERWOOD DRIVE COLORADO SPRINGS CO 80916
SB561 6151429 GARDNER EARL W 2118 ARGYLE DRIVE COLUMBUS OH 43219
SB561 6151602 ALLRED MICHAEL S 4404 W CHARLOTTE DRIVE GLENDALE AZ 85310
---------------------------------
106 Sale Total
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Origination Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Origination Balance Date Date Rate Rate Rate Margin
------- ------- ----------- ------- ---- ---- ---- ---- ---- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB561 6149638 77,400.00 77,371.64 07/01/97 06/01/27 10.875 9.875 16.875 6.000
SB561 6149651 103,000.00 103,000.00 08/01/97 07/01/27 9.625 8.625 15.625 5.000
SB561 6149653 66,000.00 66,000.00 08/01/97 07/01/12 11.250 10.250 17.250 6.750
SB561 6149716 79,300.00 79,300.00 08/01/97 07/01/27 8.875 7.875 14.875 3.750
SB561 6149741 99,000.00 98,944.50 08/01/97 07/01/27 8.875 7.875 14.875 3.750
SB561 6149742 140,200.00 140,200.00 08/01/97 07/01/27 10.875 10.875 16.875 7.250
SB561 6149743 51,000.00 51,000.00 08/01/97 07/01/27 10.875 10.875 16.875 7.250
SB561 6149751 112,000.00 112,000.00 08/01/97 07/01/27 12.750 11.750 18.750 8.500
SB561 6149841 215,100.00 215,100.00 08/01/97 07/01/27 9.125 9.125 15.125 6.250
SB561 6149862 31,500.00 31,500.00 08/01/97 07/01/27 9.875 8.875 15.875 6.500
SB561 6149868 110,500.00 110,500.00 08/01/97 07/01/27 8.750 7.750 14.750 4.250
SB561 6149873 178,400.00 178,400.00 08/01/97 07/01/27 8.875 8.875 14.875 5.250
SB561 6149889 116,800.00 116,800.00 08/01/97 07/01/27 12.250 11.250 18.250 7.250
SB561 6149961 144,500.00 144,500.00 08/01/97 07/01/27 8.625 7.625 14.625 3.750
SB561 6149972 173,400.00 173,400.00 08/01/97 07/01/27 11.000 10.000 17.000 6.500
SB561 6149973 148,500.00 148,500.00 08/01/97 07/01/27 9.750 8.750 15.750 5.250
SB561 6150040 308,000.00 308,000.00 08/01/97 07/01/27 10.475 10.475 16.475 6.500
SB561 6150044 80,000.00 80,000.00 08/01/97 07/01/27 9.500 8.500 15.500 6.250
SB561 6150052 18,000.00 18,000.00 08/01/97 07/01/27 10.750 9.750 16.750 5.750
SB561 6150055 104,900.00 104,900.00 08/01/97 07/01/27 11.250 10.250 17.250 6.500
SB561 6150425 157,200.00 157,200.00 08/01/97 07/01/27 10.250 9.250 16.250 5.500
SB561 6150427 87,300.00 87,300.00 08/01/97 07/01/27 11.125 10.125 17.125 7.250
SB561 6150451 93,500.00 93,500.00 08/01/97 07/01/27 11.625 10.625 17.625 7.000
SB561 6150452 187,000.00 187,000.00 08/01/97 07/01/27 9.625 8.625 15.625 5.000
SB561 6150454 101,600.00 101,600.00 08/01/97 07/01/27 10.875 10.875 16.875 7.250
SB561 6150463 71,500.00 71,500.00 08/01/97 07/01/27 9.500 8.500 15.500 5.000
SB561 6150579 109,350.00 109,350.00 08/01/97 07/01/27 9.875 8.875 15.875 5.000
SB561 6150611 88,000.00 88,000.00 08/01/97 07/01/27 10.625 10.625 16.625 7.000
SB561 6150616 102,000.00 102,000.00 08/01/97 07/01/27 9.000 8.000 15.000 4.500
SB561 6150665 102,000.00 102,000.00 08/01/97 07/01/27 9.625 9.625 15.625 7.500
SB561 6150669 80,700.00 80,700.00 08/01/97 07/01/27 8.375 7.375 14.375 4.750
SB561 6150686 76,000.00 76,000.00 08/01/97 07/01/27 11.250 10.250 17.250 6.500
SB561 6150693 112,410.00 112,410.00 08/01/97 07/01/27 10.250 9.250 16.250 5.750
SB561 6150748 176,300.00 176,243.66 08/01/97 07/01/27 11.500 10.500 17.500 7.500
SB561 6150757 105,000.00 105,000.00 08/01/97 07/01/27 9.500 8.500 15.500 6.250
SB561 6150764 210,000.00 210,000.00 08/01/97 07/01/27 8.625 7.625 14.625 3.750
SB561 6150824 102,400.00 102,400.00 08/01/97 07/01/27 9.750 8.750 15.750 5.250
SB561 6150919 100,400.00 100,400.00 08/01/97 07/01/27 8.750 7.750 14.750 4.250
SB561 6150961 173,400.00 173,400.00 08/01/97 07/01/27 10.750 9.750 16.750 6.250
SB561 6151004 229,500.00 229,500.00 08/01/97 07/01/27 10.625 10.625 16.625 7.500
SB561 6151016 31,500.00 31,486.06 08/01/97 07/01/27 10.000 9.000 16.000 6.750
SB561 6151022 144,000.00 144,000.00 08/01/97 07/01/27 9.750 8.750 15.750 5.250
SB561 6151116 45,900.00 45,900.00 08/01/97 07/01/27 10.500 9.500 16.500 5.750
SB561 6151139 220,150.00 220,150.00 08/01/97 07/01/27 10.250 9.250 16.250 5.750
SB561 6151274 79,900.00 79,900.00 08/01/97 07/01/27 9.875 9.875 15.875 6.250
SB561 6151429 35,500.00 35,500.00 08/01/97 07/01/27 12.250 11.250 18.250 7.250
SB561 6151602 141,210.00 141,210.00 08/01/97 07/01/27 9.875 8.875 15.875 5.000
------- ------------------------------- --------------------------------------
106 13,290,285.00 13,286,317.93 10.245 9.594 16.245 6.026
</TABLE>
<PAGE>
<TABLE>
Page 3
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE A
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Origination Zip
Sale ID Account Name Address City State Code
------- ------- ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SBC562 800053258 KONARZEWSKI JAMES 5410 TRAMMEL ST NAPLES FL 33962
SBC562 800062622 KOOGLE SHARON K 4314 VALLEY VIEW AVE BALTIMORE MD 21206
SBC562 800087629 HADDAD GILL S 10703 GLENWILD RD SILVER SPRING MD 20901
SBC562 800106098 WILLIAMS BLAKE D LOT 7 MARTHA LANE TUNKHANNOCK TOWNSHIP PA 18330
SBC562 800107856 LUTHER GARCIA 15 HALSTEAD AVENUE PORT CHESTER NY 10573
SBC562 800113110 HANES TERRY 4792 RIDGEMOOR CIRCLE PALM HARBOR FL 34685
SBC562 800114340 RODRIGUEZ EDERMIRA 704 S GANNON AVE STATEN ISLAND NY 10314
SBC562 800120768 DOUGHER PEARL 433-435 HARRISON AVENUE SCRANTON PA 18510
SBC562 800122509 SCHAEFFER EDWARD J 28 MIFFLIN STREET PINE GROVE PA 17963
SBC562 800123036 CARRAFA JOHN 600 MORTON AVENUE FOLSOM PA 19033
SBC562 800123580 LINFOOT KENDLE B 68 SOUTH BEECHWOOD BEDFORD HILLS NY 10507
SBC562 800125544 BRAEGER WILLIAM E 40 DORETHY RD REDDING CT 06896
SBC562 800126591 WALKER DARNELL 45-47 LANARK AVENUE NEWARK NJ 07106
SBC562 800130882 THOMPSON WALTER T 428 RAILROAD AVE AMBLER PA 19002
SBC562 800133845 DENLINGER R WAYNE 232 JOHNSTON RD PITTSBURGH PA 15235
SBC562 800137143 WHITE SHELBY 2208 PINNACLE CIRCLE SOUTH PALM HARBOR FL 34684
SBC562 800145351 SPENCER C GERALD 1403 W SCREVEN ST QUITMAN GA 31643
SBC562 800150195 LYVAN HENRY 30 WILLIAM ST EAST ORANGE NJ 07017
SBC562 800152563 HEALY MICHAEL J 21 WINDING BROOK LANE OAK RIDGE NJ 07438
SBC562 800156051 DUFF MICHAEL J 1310 HIGHLAND STREET OBERLIN PA 17113
SBC562 800156200 POISSON JOEL V 5 FENBROOK DRIVE LARCHMONT NY 10538
SBC562 800157174 HAMPTON DELORES 105 ARCHER STREET PITTSBURGH PA 15235
SBC562 800157620 SULLIVAN ISMAEL BERNIER 29 DUNSTABLE DRIVE SOUTHAMPTON NJ 08088
SBC562 800158479 BRICKER SHARON L 2745 AMMAN STREET PITTSBURGH PA 15226
SBC562 800159972 RIOS RUTH 1 JACKSON AVENUE BRENTWOOD NY 11717
SBC562 800160970 DAVIDOWITZ PHILIP 1439 E 27 ST BROOKLYN NY 11210
SBC562 800167132 SHORTELL RUTH A 1862 MAJOR STREET BETHLEHEM PA 18017
SBC562 800170771 PALMER LEROY 15 TERWILLIGER LANE PINE BUSH NY 12566
SBC562 800170797 BOOKER BIBI 218-04 91ST AVENUE QUEENS VILLAGE NY 11428
SBC562 800171290 BILDA DIANE 2811 MARION AVENUE BENSALEM PA 19020
SBC562 800174278 KHAN YOUNIS G 114 RAMAPO VALLEY ROAD MAHWAH NJ 07430
SBC562 800175390 SPIVEY THERESA 17 EMERSON STREET EAST ORANGE NJ 07018
SBC562 800181125 WILLIAMS ANETRIAL L. 2310 NORTH CENTRAL AVENUE TAMPA FL 33602
SBC562 800181760 LIN CHENG 311 EAST PASADENA PLACE BRIDGEPORT CT 06610
SBC562 800182255 MCNICHOLAS KEVIN 123 LINCOLN AVE LITTLE FALLS NJ 07424
SBC562 800184723 AUTORE ROSEMARY K 20 NARITICONG AVE HOPATCONG NJ 07843
SBC562 800188252 ANTHONY MARIAN 49 ELIAS CIRCLE LEHIGHTON PA 18235
SBC562 800188930 GREEN ELEANOR J 20 HOPKINS STREET WATERBURY CT 06704
SBC562 800190985 TASCA GAETANO 670 WOODBURY GLASS BORO RD SEWELL NJ 08080
SBC562 800192734 ORTIZ HEATHER A 1560 PERKIOMEN AVENUE READING PA 19602
SBC562 800193658 FOLGER MARK A 709 WALTERS STREET BETHLEHEM PA 18017
SBC562 800195414 KIRSON JESSICA S 41 COLTON CIRCLE WEST ORANGE NJ 07052
SBC562 800195521 JOHNSON MARC D 111 HOME AVE BINGHAMTON NY 13903
SBC562 800196271 BROOKS STEVEN H 1368 HANGING DOG ROAD DAWSONVILLE GA 30534
SBC562 800199077 NIEVES JOSE E 704 STERLINGWORTH TERRACE EASTON PA 18042
SBC562 800200685 MARSICANO DANIEL 1 CARR COURT NESCONSET NY 11767
SBC562 800201873 SENKO YOLANDA J 91 KNOLLWOOD AVE CHEEKTOWAGA NY 14227
SBC562 800203523 MONCUS VIOLET EILEEN 8919 HIGHWAY 242 SANDERSVILLE GA 31082
SBC562 800203721 FREEMAN HOWARD 701 LEE ROAD HINESVILLE GA 31313
SBC562 800204257 DEUGWILLO ROBERT J 5221 ANTHONY AVENUE BALTIMORE MD 21206
SBC562 800204737 LECATO TYRONE T 111 LAUREL DRIVE COATESVILLE PA 19320
SBC562 800204828 FOSTER FRANK C 10 FENWICK COURT GROTON CT 06355
SBC562 800204976 BELMONTE LUIS A 239 WEIDMAN STREET LEBANON PA 17046
SBC562 800207151 ESCUDERO MIRIAM 10819 ROOSEVELT AVE CORONA NY 11368
SBC562 800208548 HEINS ROBERT A.W. 10 PEAT HOLE LANE BELLPORT NY 11713
SBC562 800209215 O'DONNELL MARY ANN 32 TOWPATH ROAD LEVITTOWN PA 19056
SBC562 800210361 KESTNER JANET K RD 1 BOX 230 A STAHLSTOWN PA 15687
SBC562 800210700 SCHAEDLER CHARLES C 516 WALNUT TREE DRIVE BLANDON PA 19510
SBC562 800213134 RIEBER MICHAEL 2455 NORTH OLD BETHLEHEM P QUAKERTOWN PA 18951
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Origination Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Origination Balance Date Date Rate Rate Rate Margin
------- ------- ----------- ------- ---- ---- ---- ---- ---- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC562 800053258 46,000.00 45,888.05 03/01/97 02/01/27 9.625 8.625 15.625 5.000
SBC562 800062622 67,500.00 67,375.84 03/01/97 02/01/27 9.875 8.875 15.875 5.000
SBC562 800087629 143,200.00 143,024.22 04/01/97 03/01/27 11.750 10.750 17.750 7.250
SBC562 800106098 152,800.00 152,584.39 05/01/97 04/01/27 9.750 8.750 15.750 5.500
SBC562 800107856 195,000.00 194,835.54 04/01/97 03/01/27 12.125 12.125 18.125 8.500
SBC562 800113110 132,750.00 132,694.34 07/01/97 06/01/27 10.250 9.250 16.250 5.750
SBC562 800114340 115,000.00 114,776.96 05/01/97 04/01/27 9.625 9.625 15.625 6.000
SBC562 800120768 75,000.00 74,917.59 05/01/97 04/01/27 10.750 9.750 16.750 7.000
SBC562 800122509 44,100.00 44,085.11 06/01/97 05/01/27 11.250 10.250 17.250 6.750
SBC562 800123036 66,400.00 66,345.54 05/01/97 04/01/27 12.250 11.250 18.250 8.000
SBC562 800123580 242,250.00 241,804.32 04/01/97 03/01/27 9.875 9.875 15.875 7.500
SBC562 800125544 248,000.00 247,597.25 04/01/97 03/01/27 10.000 9.000 16.000 6.500
SBC562 800126591 68,850.00 68,796.50 05/01/97 04/01/27 10.625 10.625 16.625 7.250
SBC562 800130882 91,800.00 91,771.46 05/01/97 04/01/27 11.625 10.625 17.625 7.250
SBC562 800133845 45,600.00 45,564.63 05/01/97 04/01/27 12.500 11.500 18.500 8.500
SBC562 800137143 175,100.00 174,920.98 05/01/97 04/01/27 11.250 10.250 17.250 6.500
SBC562 800145351 225,000.00 224,789.20 05/01/97 04/01/27 9.750 8.750 15.750 5.500
SBC562 800150195 106,250.00 105,969.55 01/01/97 12/01/26 10.125 10.125 16.125 6.500
SBC562 800152563 189,000.00 188,918.60 07/01/97 06/01/27 10.125 9.125 16.125 6.000
SBC562 800156051 51,100.00 51,081.49 06/01/97 05/01/27 10.875 9.875 16.875 6.750
SBC562 800156200 409,500.00 409,500.00 08/01/97 07/01/27 9.750 8.750 15.750 5.500
SBC562 800157174 48,000.00 48,000.00 08/01/97 07/01/27 12.250 11.250 18.250 7.250
SBC562 800157620 92,400.00 92,269.80 05/01/97 04/01/27 9.750 8.750 15.750 5.500
SBC562 800158479 41,275.00 41,242.93 05/01/97 04/01/27 10.625 9.625 16.625 7.250
SBC562 800159972 103,500.00 103,425.85 06/01/97 05/01/27 11.000 10.000 17.000 6.750
SBC562 800160970 175,000.00 175,000.00 07/01/97 06/01/27 11.000 10.000 17.000 6.750
SBC562 800167132 55,000.00 54,939.69 06/01/97 05/01/27 9.000 8.000 15.000 4.500
SBC562 800170771 51,000.00 51,000.00 08/01/97 07/01/27 12.000 11.000 18.000 7.500
SBC562 800170797 148,750.00 148,707.44 06/01/97 05/01/27 12.000 11.000 18.000 7.500
SBC562 800171290 103,500.00 103,451.72 07/01/97 06/01/27 9.750 8.750 15.750 6.250
SBC562 800174278 130,050.00 130,003.63 07/01/97 06/01/27 11.000 10.000 17.000 6.500
SBC562 800175390 74,000.00 74,000.00 08/01/97 07/01/27 12.875 11.875 18.875 7.500
SBC562 800181125 67,500.00 67,500.00 08/01/97 07/01/27 12.625 11.625 18.625 7.250
SBC562 800181760 53,899.00 53,899.00 08/01/97 07/01/27 9.750 8.750 15.750 5.000
SBC562 800182255 185,400.00 185,400.00 07/01/97 06/01/27 8.875 8.875 14.875 6.000
SBC562 800184723 93,000.00 92,947.86 07/01/97 06/01/27 8.875 7.875 14.875 4.500
SBC562 800188252 91,800.00 91,750.05 07/01/97 06/01/27 12.250 11.250 18.250 7.500
SBC562 800188930 80,000.00 79,965.54 07/01/97 06/01/27 10.125 10.125 16.125 6.750
SBC562 800190985 117,000.00 117,000.00 07/01/97 06/01/27 11.500 10.500 17.500 6.750
SBC562 800192734 47,200.00 47,200.00 08/01/97 07/01/27 12.875 11.875 18.875 7.500
SBC562 800193658 96,000.00 96,000.00 08/01/97 07/01/27 12.875 11.875 18.875 8.250
SBC562 800195414 117,000.00 116,934.41 07/01/97 06/01/27 8.875 8.875 14.875 6.250
SBC562 800195521 95,200.00 95,200.00 08/01/97 07/01/27 12.250 11.250 18.250 7.250
SBC562 800196271 69,275.00 69,251.61 07/01/97 06/01/27 11.250 10.250 17.250 6.500
SBC562 800199077 93,600.00 93,564.76 07/01/97 06/01/27 10.750 9.750 16.750 6.750
SBC562 800200685 162,000.00 161,966.93 07/01/97 06/01/27 13.500 12.500 19.500 8.500
SBC562 800201873 76,500.00 76,476.86 07/01/97 06/01/27 11.750 10.750 17.750 7.500
SBC562 800203523 44,200.00 44,200.00 07/01/97 06/01/17 12.000 11.000 18.000 7.500
SBC562 800203721 57,600.00 57,600.00 07/01/97 06/01/27 13.500 12.500 19.500 8.500
SBC562 800204257 86,400.00 86,400.00 08/01/97 07/01/27 9.625 9.625 15.625 5.750
SBC562 800204737 207,000.00 207,000.00 08/01/97 07/01/27 10.500 9.500 16.500 5.750
SBC562 800204828 99,800.00 99,760.34 07/01/97 06/01/27 10.500 9.500 16.500 5.750
SBC562 800204976 48,900.00 48,884.37 07/01/97 06/01/27 11.500 10.500 17.500 7.500
SBC562 800207151 210,600.00 210,522.83 07/01/97 06/01/27 10.875 9.875 16.875 6.000
SBC562 800208548 385,000.00 385,000.00 08/01/97 07/01/27 9.000 9.000 15.000 6.500
SBC562 800209215 97,750.00 97,717.00 07/01/97 06/01/27 11.250 10.250 17.250 7.500
SBC562 800210361 81,600.00 81,600.00 07/01/97 06/01/27 13.000 12.000 19.000 8.500
SBC562 800210700 144,000.00 144,000.00 08/01/97 07/01/27 10.500 9.500 16.500 5.750
SBC562 800213134 128,000.00 128,000.00 08/01/97 07/01/27 12.250 11.250 18.250 7.250
</TABLE>
<PAGE>
<TABLE>
Page 4
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE A
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Origination Zip
Sale ID Account Name Address City State Code
------- ------- ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SBC562 800213902 INGRAM MATTIE L 6358 WHEELER STREET PHILADELPHIA PA 19142
SBC562 800214272 MOORE HERBERT E 63 OAKRIDGE STREET GREENWICH CT 06830
SBC562 800214413 GEESEY MAXINE H 1750 EAST SHARON DRIVE PHOENIX AZ 85022
SBC562 800215410 DE LA CRUZ ELIAS 104 20 47TH AVENUE CORONA NY 11368
SBC562 800217499 MCCRONE MARLENE M 4509 LOCUST LANE HARRISBURG PA 17109
SBC562 800218018 CAFARO ANNA 121 NORTH TERRACE PLACE VALLEY STREAM NY 11580
SBC562 800218687 HERNANDEZ ALFONSO 444 EAST 5TH STREET BROOKLYN NY 11218
SBC562 800219164 CHIUSANO LINDA 549 READE AVE LINDENHURST NY 11757
SBC562 800221186 ZEZIMA ANTONIO 12 OSCAR ST STAMFORD CT 06906
SBC562 800225435 O'NEIL THOMAS 17623 DANSVILLE DRIVE SPRING HILL FL 34610
SBC562 800225732 KALOIDIS ATHAN 2065 MIDDLEBURY RD MIDDLEBURY CT 06762
SBC562 800226615 CHAMBERS INEZ 2 HEMLOCK DRIVE STAMFORD CT 06902
SBC562 800227886 RUDE ALLEN W 36 LINWOOD AVE HAMBURG NJ 07419
SBC562 800229585 LYNN CANDACE J 2399 DEWEY AVENUE NORTHAMPTON PA 18067
SBC562 800230401 FRANKLIN THOMAS L 3557 E 106TH STREET CARMEL IN 46033
SBC562 800230856 GARDIANOS PERICLES C 474 DOLSONTOWN ROAD MIDDLETOWN NY 10940
SBC562 800230955 JENKINS JULIAN 5536 DELANCEY STREET PHILADELPHIA PA 19143
SBC562 800231102 BLACKBURN ROBERT A 348 HEMLOCK AVENUE SEBRING FL 33870
SBC562 800233264 SINGLEY CAROLYN A 1802 IRVING STREET NE WASHINGTON DC 20018
SBC562 800233983 LEWIS WARREN S 617 DEPOT STREET SCRANTON PA 18509
SBC562 800234270 LACEY RANDALL H 679 NORTH PRICE STREET POTTSTOWN PA 19464
SBC562 800235277 FISHER CRAIG W 215 MADISON STREET SHILLINGTON PA 19607
SBC562 800235558 GILLILAND DONALD J 028 HAZEN ROAD SHARPSVILLE PA 16150
SBC562 800236622 RANDOLPH CHARLES D 180 STEEP HILL ROAD WESTON CT 06883
SBC562 800237877 TAYLOR HENRY W 20 ALEXANDER AVENUE VILLAS NJ 08251
SBC562 800238792 BLAIR ARNOLD J. 4159 HARBOR BOULEVARD PORT CHARLOTTE FL 33952
SBC562 800239204 HOBSON BETTY 310 GLEENWOOD AVENUE EAST ORANGE NJ 07017
SBC562 800240095 NADERSKI CASMIR F. 13025 BUOY COURT HUDSON FL 34667
SBC562 800241630 LINHARES JOAO M 25222 YUMA WAY LAND O LAKES FL 34639
SBC562 800244055 GUERRIERO JOHN 139 GLEELAND STREET DEER PARK NY 11729
-------------------------------------
89 Sale Total
195 Total with Superior
195 Grand Total
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Origination Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Origination Balance Date Date Rate Rate Rate Margin
------- ------- ----------- ------- ---- ---- ---- ---- ---- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC562 800213902 36,000.00 35,985.30 07/01/97 06/01/27 10.375 10.375 16.375 6.750
SBC562 800214272 347,200.00 347,200.00 08/01/97 07/01/27 11.875 11.875 17.875 8.250
SBC562 800214413 183,000.00 183,000.00 08/01/97 07/01/27 8.625 8.625 14.625 5.000
SBC562 800215410 133,200.00 133,200.00 08/01/97 07/01/27 9.875 8.875 15.875 6.000
SBC562 800217499 77,390.00 77,341.90 08/01/97 07/01/27 8.375 7.375 14.375 4.750
SBC562 800218018 157,500.00 157,424.55 07/01/97 06/01/27 9.625 9.625 15.625 6.000
SBC562 800218687 245,650.00 245,650.00 08/01/97 07/01/27 10.875 10.875 16.875 6.250
SBC562 800219164 131,400.00 131,400.00 08/01/97 07/01/27 11.250 10.250 17.250 6.500
SBC562 800221186 203,265.00 203,151.04 07/01/97 06/01/27 8.875 7.875 14.875 5.000
SBC562 800225435 135,000.00 134,938.67 07/01/97 06/01/27 9.875 8.875 15.875 5.000
SBC562 800225732 500,000.00 500,000.00 08/01/97 07/01/27 9.125 9.125 15.125 5.500
SBC562 800226615 346,500.00 346,500.00 08/01/97 07/01/27 10.750 9.750 16.750 6.750
SBC562 800227886 104,000.00 104,000.00 08/01/97 07/01/27 13.750 12.750 19.750 8.500
SBC562 800229585 73,350.00 73,350.00 08/01/97 07/01/27 9.875 8.875 15.875 6.000
SBC562 800230401 125,900.00 125,855.10 07/01/97 06/01/27 11.000 10.000 17.000 6.750
SBC562 800230856 124,950.00 124,914.25 07/01/97 06/01/27 12.000 11.000 18.000 7.500
SBC562 800230955 30,945.00 30,945.00 08/01/97 07/01/27 12.875 11.875 18.875 7.500
SBC562 800231102 27,200.00 27,200.00 08/01/97 07/01/27 11.000 10.000 17.000 6.500
SBC562 800233264 107,100.00 107,100.00 08/01/97 07/01/27 10.375 10.375 16.375 6.750
SBC562 800233983 66,400.00 66,400.00 08/01/97 07/01/27 11.125 10.125 17.125 6.250
SBC562 800234270 72,000.00 72,000.00 08/01/97 07/01/27 10.500 9.500 16.500 5.750
SBC562 800235277 63,200.00 63,200.00 08/01/97 07/01/27 10.000 9.000 16.000 5.250
SBC562 800235558 112,800.00 112,800.00 08/01/97 07/01/27 11.500 11.500 17.500 7.500
SBC562 800236622 508,800.00 508,800.00 08/01/97 07/01/27 9.875 8.875 15.875 6.000
SBC562 800237877 50,000.00 50,000.00 08/01/97 07/01/27 10.000 9.000 16.000 5.500
SBC562 800238792 73,500.00 73,500.00 08/01/97 07/01/27 9.625 8.625 15.625 5.000
SBC562 800239204 72,000.00 72,000.00 08/01/97 07/01/27 12.250 11.250 18.250 6.500
SBC562 800240095 54,000.00 54,000.00 08/01/97 07/01/17 10.875 9.875 16.875 5.968
SBC562 800241630 116,450.00 116,450.00 08/01/97 07/01/27 10.000 9.000 16.000 5.250
SBC562 800244055 128,000.00 128,000.00 08/01/97 07/01/27 11.500 11.500 17.500 7.500
--------- ------------------------------- --------------------------------------
89 11,355,599.00 11,351,329.99 10.581 9.880 16.581 6.467
195 24,645,884.00 24,637,647.92 10.400 9.726 16.400 6.229
195 24,645,884.00 24,637,647.92 10.400 9.726 16.400 6.229
</TABLE>
<PAGE>
<TABLE>
Page 1
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE B
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Origination Balance at Mortgaged Payment Principal LTV
Sale ID Account Name Origination Property Int & Prin Balance Ratio
- ------- ------- ---- ----------- -------- ---------- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
SB561 6130644 KRUEGER DONALD P 50,400.00 1 446.68 50,190.16 70.0
SB561 6135154 WHEELER CHARLES E 63,750.00 1 565.35 63,581.38 69.2
SB561 6136739 CHIRABOGA GUSTAVO 257,400.00 5 2,282.68 256,720.60 90.0
SB561 6141866 FARIDIAN KIYOUMARCE 66,000.00 1 554.96 65,756.78 68.0
SB561 6142975 DANZY VIRGINIA 53,600.00 1 577.25 53,559.58 80.0
SB561 6143821 MUFFLER GREGORY A 110,000.00 1 1,163.32 110,000.00 59.4
SB561 6143822 MUFFLER GREGORY A 40,100.00 1 424.08 40,100.00 54.9
SB561 6144199 MATHEWS HELENA 39,000.00 1 371.41 38,972.05 65.0
SB561 6144945 WALKER RICHARD 281,200.00 1 2,677.93 280,998.56 74.9
SB561 6145024 CWIK LAWRENCE J 195,900.00 1 2,052.83 195,793.42 83.3
SB561 6145235 LEE JOHN 80,700.00 1 783.81 80,700.00 84.9
SB561 6145245 CAPSOCOLIS NICK 261,500.00 1 2,367.64 261,393.25 74.7
SB561 6145345 STAKEN JOAN M 45,000.00 1 366.13 44,951.94 27.2
SB561 6145379 WELLMAN LYLE G 72,800.00 7 751.43 72,545.38 80.0
SB561 6145525 KHEIREDDINE ALI N 125,600.00 1 1,160.67 125,551.41 80.0
SB561 6145815 STROM WILLIAM H 114,400.00 8 1,143.82 114,400.00 84.9
SB561 6146504 GRASWICK RONALD J 73,200.00 1 838.45 73,185.06 60.0
SB561 6146505 BATES ROBERT A 63,900.00 1 560.77 63,900.00 90.0
SB561 6146506 LYNCH EDWARD III 179,300.00 1 1,507.65 179,211.81 84.9
SB561 6146638 MATHEWS RAY 28,000.00 6 333.80 28,000.00 70.0
SB561 6146802 COLE JEFFREY L 97,500.00 1 1,069.03 97,477.06 79.9
SB561 6146976 TRACY ANN B 72,600.00 1 577.64 72,600.00 62.5
SB561 6147025 ADAMS DOREEN F 51,000.00 1 447.56 51,000.00 75.0
SB561 6147122 MCNALLY KATHLEEN L 78,000.00 1 735.45 78,000.00 42.6
SB561 6147274 KLOKANOVSKI CANE 35,000.00 1 383.75 34,983.44 77.7
SB561 6147331 REYNOLDS GEOFFREY T 148,700.00 8 1,360.22 148,700.00 79.9
SB561 6147363 HENNESSEY ROSE 55,200.00 1 578.44 55,185.06 80.0
SB561 6147557 GEORGIOU EVANGELOS 240,000.00 8 1,824.17 239,700.62 75.0
SB561 6147617 SALEH AHMED H 123,200.00 3 1,150.05 123,153.62 84.9
SB561 6147765 BANUELOS FRANCISCO J 76,000.00 1 659.95 76,000.00 80.0
SB561 6147886 ADAMS SCOTT L 110,000.00 1 914.92 109,944.46 52.2
SB561 6147959 LEWIS FRED A 72,000.00 1 740.60 72,000.00 60.0
SB561 6147960 HILLIARD TODD A 50,400.00 1 499.11 50,400.00 80.0
SB561 6148008 COX DOUGLAS P 63,750.00 1 655.74 63,731.76 85.0
SB561 6148036 HOLMAN ROBERT S 105,000.00 1 863.81 105,000.00 39.4
SB561 6148135 PORATH SCOTT 79,200.00 1 695.04 79,200.00 74.0
SB561 6148140 WEST MICHAEL SR 70,000.00 1 767.51 70,000.00 70.0
SB561 6148195 REGIMBAL EUGENE W 152,900.00 1 1,485.06 152,848.38 89.9
SB561 6148348 RESSLER TIMOTHY D 417,600.00 8 3,742.12 417,424.88 89.8
SB561 6148628 ARJONA MARCELINO I 103,250.00 1 849.41 103,250.00 70.0
SB561 6148668 CAMPBELL RICARDO 120,000.00 1 1,292.36 120,000.00 80.0
SB561 6148674 IVEY WARREN 165,200.00 1 1,314.41 165,107.38 80.0
SB561 6148707 GOSCHA ROSS 705,500.00 8 5,613.28 705,104.48 85.0
SB561 6148708 BANKS PAUL T 97,500.00 6 1,146.75 97,297.78 75.0
SB561 6148718 DAVIDSON JEFFREY L 214,600.00 8 1,963.03 214,600.00 82.5
SB561 6148777 FELDMAN ALAN M 204,000.00 8 1,696.77 204,000.00 80.0
SB561 6148805 HAYS FLOZELL E JR 123,165.00 1 1,172.93 123,165.00 89.2
SB561 6148886 RYAN BILLIE JO 31,500.00 1 339.24 31,500.00 75.0
SB561 6148922 SATO SUZUE 89,250.00 1 791.49 89,250.00 85.0
SB561 6148945 HAGGINS OLIVER 120,000.00 1 965.55 120,000.00 84.5
SB561 6149011 CROWE ROBERT D 138,800.00 1 1,387.78 138,756.85 80.0
SB561 6149012 SPURLIN TONY D 70,500.00 1 678.06 70,500.00 84.9
SB561 6149123 FAIRLESS ERNIE 123,700.00 1 1,097.00 123,646.72 74.9
SB561 6149129 KRYDA SUSAN M 73,900.00 1 689.85 73,872.18 84.9
SB561 6149132 VAN RIPER CHARLES A III 47,000.00 1 369.75 46,972.96 82.4
SB561 6149230 NAGEL JAMES 105,600.00 1 1,065.94 105,568.06 80.0
SB561 6149353 FISHER NORMAN L 487,800.00 8 3,881.16 487,800.00 90.0
SB561 6149369 ALLEN GREGORY M 320,000.00 8 2,927.17 320,000.00 76.1
SB561 6149478 MARK TERI J 128,000.00 1 1,231.08 128,000.00 80.0
<CAPTION>
Next Current Property
Origination Adjustment Mortgage Value at Owner
Sale ID Account Name Date Rate Origination Occupied
- ------- ------- ---- ---- ---- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
SB561 6130644 KRUEGER DONALD P 11/01/97 10.125 72,000.00 N
SB561 6135154 WHEELER CHARLES E 07/01/98 10.125 92,000.00 Y
SB561 6136739 CHIRABOGA GUSTAVO 01/01/99 10.125 286,000.00 Y
SB561 6141866 FARIDIAN KIYOUMARCE 03/01/99 9.500 97,000.00 N
SB561 6142975 DANZY VIRGINIA 04/01/99 12.625 67,000.00 Y
SB561 6143821 MUFFLER GREGORY A 07/01/99 12.375 185,000.00 Y
SB561 6143822 MUFFLER GREGORY A 07/01/99 12.375 73,000.00 N
SB561 6144199 MATHEWS HELENA 05/01/99 11.000 60,000.00 Y
SB561 6144945 WALKER RICHARD 05/01/99 11.000 375,000.00 Y
SB561 6145024 CWIK LAWRENCE J 05/01/99 12.250 235,000.00 Y
SB561 6145235 LEE JOHN 07/01/99 11.250 95,000.00 Y
SB561 6145245 CAPSOCOLIS NICK 12/01/97 10.375 350,000.00 Y
SB561 6145345 STAKEN JOAN M 11/01/97 9.125 165,000.00 Y
SB561 6145379 WELLMAN LYLE G 05/01/99 11.000 91,000.00 Y
SB561 6145525 KHEIREDDINE ALI N 12/01/97 10.625 157,000.00 Y
SB561 6145815 STROM WILLIAM H 07/01/99 11.625 134,616.00 Y
SB561 6146504 GRASWICK RONALD J 07/01/99 13.500 122,000.00 Y
SB561 6146505 BATES ROBERT A 06/01/99 10.000 71,000.00 Y
SB561 6146506 LYNCH EDWARD III 06/01/99 9.500 211,000.00 Y
SB561 6146638 MATHEWS RAY 07/01/99 11.875 40,000.00 Y
SB561 6146802 COLE JEFFREY L 06/01/99 12.875 121,900.00 Y
SB561 6146976 TRACY ANN B 01/01/98 8.875 116,000.00 Y
SB561 6147025 ADAMS DOREEN F 01/01/98 10.000 68,000.00 Y
SB561 6147122 MCNALLY KATHLEEN L 12/01/97 10.875 183,000.00 Y
SB561 6147274 KLOKANOVSKI CANE 05/01/99 12.875 45,000.00 Y
SB561 6147331 REYNOLDS GEOFFREY T 07/01/99 10.500 185,990.00 Y
SB561 6147363 HENNESSEY ROSE 06/01/99 12.250 69,000.00 Y
SB561 6147557 GEORGIOU EVANGELOS 11/01/97 8.375 320,000.00 Y
SB561 6147617 SALEH AHMED H 06/01/99 10.750 145,000.00 Y
SB561 6147765 BANUELOS FRANCISCO J 07/01/99 9.875 95,000.00 Y
SB561 6147886 ADAMS SCOTT L 12/01/97 9.375 210,500.00 Y
SB561 6147959 LEWIS FRED A 07/01/99 12.000 120,000.00 Y
SB561 6147960 HILLIARD TODD A 01/01/98 11.500 63,000.00 Y
SB561 6148008 COX DOUGLAS P 06/01/99 12.000 75,000.00 Y
SB561 6148036 HOLMAN ROBERT S 07/01/99 9.250 266,000.00 Y
SB561 6148135 PORATH SCOTT 07/01/99 10.000 107,000.00 Y
SB561 6148140 WEST MICHAEL SR 07/01/99 12.875 100,000.00 Y
SB561 6148195 REGIMBAL EUGENE W 06/01/99 11.250 169,900.00 Y
SB561 6148348 RESSLER TIMOTHY D 01/01/98 10.250 465,000.00 Y
SB561 6148628 ARJONA MARCELINO I 07/01/99 9.250 147,500.00 N
SB561 6148668 CAMPBELL RICARDO 07/01/99 12.625 150,000.00 Y
SB561 6148674 IVEY WARREN 12/01/97 8.875 206,500.00 Y
SB561 6148707 GOSCHA ROSS 12/01/97 8.875 830,000.00 Y
SB561 6148708 BANKS PAUL T 07/01/99 11.625 130,000.00 Y
SB561 6148718 DAVIDSON JEFFREY L 07/01/99 10.500 260,000.00 Y
SB561 6148777 FELDMAN ALAN M 07/01/99 9.375 255,000.00 Y
SB561 6148805 HAYS FLOZELL E JR 07/01/99 11.000 138,000.00 Y
SB561 6148886 RYAN BILLIE JO 07/01/99 12.625 42,000.00 Y
SB561 6148922 SATO SUZUE 01/01/98 10.125 105,000.00 Y
SB561 6148945 HAGGINS OLIVER 07/01/99 9.000 142,000.00 Y
SB561 6149011 CROWE ROBERT D 12/01/97 11.625 173,500.00 Y
SB561 6149012 SPURLIN TONY D 07/01/99 11.125 83,000.00 Y
SB561 6149123 FAIRLESS ERNIE 06/01/99 10.125 165,000.00 Y
SB561 6149129 KRYDA SUSAN M 06/01/99 10.750 87,000.00 Y
SB561 6149132 VAN RIPER CHARLES A III 07/01/99 8.750 57,000.00 Y
SB561 6149230 NAGEL JAMES 06/01/99 11.750 132,000.00 Y
SB561 6149353 FISHER NORMAN L 01/01/98 8.875 542,000.00 Y
SB561 6149369 ALLEN GREGORY M 07/01/99 10.500 420,000.00 Y
SB561 6149478 MARK TERI J 07/01/99 11.125 160,000.00 Y
</TABLE>
<PAGE>
<TABLE>
Page 2
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE B
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Origination Balance at Mortgaged Payment Principal LTV
Sale ID Account Name Origination Property Int & Prin Balance Ratio
- ------- ------- ---- ----------- -------- ---------- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
SB561 6149638 DOKOVIC SULEJMAN 77,400.00 1 729.80 77,371.64 90.0
SB561 6149651 SINGLETON CHARLOTTE L 103,000.00 8 875.49 103,000.00 74.6
SB561 6149653 ERICKSON DONALD 66,000.00 6 760.55 66,000.00 63.7
SB561 6149716 TRISOLIERE ELLEN L 79,300.00 1 630.95 79,300.00 69.5
SB561 6149741 ROBERTO ARTHUR 99,000.00 4 787.69 98,944.50 60.0
SB561 6149742 GETTINGS JOHNNIE B 140,200.00 1 1,321.93 140,200.00 84.9
SB561 6149743 MURPHY JOYCE E 51,000.00 1 480.87 51,000.00 85.0
SB561 6149751 WEHRLY ROBERT B 112,000.00 1 1,217.10 112,000.00 79.7
SB561 6149841 MONTGOMERY DAVID 215,100.00 4 1,750.12 215,100.00 90.0
SB561 6149862 RAHMAN MATIUR 31,500.00 3 273.53 31,500.00 70.0
SB561 6149868 GUTIERREZ ABEL 110,500.00 8 869.30 110,500.00 85.0
SB561 6149873 MARTIN RHONDA L 178,400.00 1 1,419.43 178,400.00 80.0
SB561 6149889 PAULSON MARGARET J 116,800.00 1 1,223.94 116,800.00 80.0
SB561 6149961 WILHELM JEAN R 144,500.00 8 1,123.91 144,500.00 81.1
SB561 6149972 SWEENEY DEBBIE 173,400.00 8 1,651.33 173,400.00 85.0
SB561 6149973 ENNES JOHN A 148,500.00 1 1,275.84 148,500.00 89.7
SB561 6150040 VUCIC MIHAILO 308,000.00 5 2,811.64 308,000.00 80.0
SB561 6150044 EID ISSAM 80,000.00 1 672.69 80,000.00 80.0
SB561 6150052 PATTY TERRY L 18,000.00 1 168.03 18,000.00 40.0
SB561 6150055 CHANDLER LETICIA L 104,900.00 1 1,018.85 104,900.00 84.2
SB561 6150425 MONTGOMERY BRUCE A 157,200.00 1 1,408.67 157,200.00 84.9
SB561 6150427 NORRIS DARRELL R 87,300.00 1 839.63 87,300.00 84.9
SB561 6150451 KELLY WANDA J 93,500.00 1 934.85 93,500.00 79.9
SB561 6150452 DEANE ERIN K 187,000.00 1 1,589.48 187,000.00 85.0
SB561 6150454 GENTRY RICKY C 101,600.00 1 957.98 101,600.00 80.0
SB561 6150463 STUBBS RICHARD A 71,500.00 1 601.21 71,500.00 64.4
SB561 6150579 TOTH DAVID 109,350.00 1 949.54 109,350.00 90.0
SB561 6150611 EDGE RONALD H 88,000.00 1 813.21 88,000.00 80.0
SB561 6150616 TUTKO DAVID E 102,000.00 1 820.72 102,000.00 85.0
SB561 6150665 JAJOU DHIA 102,000.00 1 866.99 102,000.00 85.0
SB561 6150669 OPENBRIER JOSEPH R 80,700.00 1 613.38 80,700.00 83.6
SB561 6150686 BRITTON LARRY T 76,000.00 1 738.16 76,000.00 84.9
SB561 6150693 BLACKBURN ALAN D 112,410.00 1 1,007.31 112,410.00 90.0
SB561 6150748 EPPS MARK S 176,300.00 1 1,745.88 176,243.66 84.9
SB561 6150757 BADAWI IMAD 105,000.00 1 882.90 105,000.00 75.0
SB561 6150764 BURWELL JAMES L 210,000.00 8 1,633.36 210,000.00 70.0
SB561 6150824 BOUFFARD JOHN A 102,400.00 1 879.77 102,400.00 80.0
SB561 6150919 LOVE LISA D 100,400.00 1 789.85 100,400.00 80.0
SB561 6150961 BIALKE-FITZP KATHLEEN P 173,400.00 1 1,618.66 173,400.00 85.0
SB561 6151004 OPLCHENSKI ATANAS 229,500.00 3 2,120.80 229,500.00 85.0
SB561 6151016 DIKHO JOHN T 31,500.00 1 276.44 31,486.06 70.0
SB561 6151022 RASMUSSEN KAREN J 144,000.00 1 1,237.18 144,000.00 90.0
SB561 6151116 GALBREATH RUSSELL L 45,900.00 1 419.87 45,900.00 77.7
SB561 6151139 SIPES MICHAEL W 220,150.00 1 1,972.77 220,150.00 85.0
SB561 6151274 WILLIAMS TYRONNE 79,900.00 1 693.81 79,900.00 85.0
SB561 6151429 GARDNER EARL W 35,500.00 1 372.00 35,500.00 77.1
SB561 6151602 ALLRED MICHAEL S 141,210.00 8 1,226.20 141,210.00 90.0
------------------------------------------------------ ----------------------------------------
106 Sale Total 13,290,285.00 119,627.45 13,286,317.93 80.2
<CAPTION>
Next Current Property
Origination Adjustment Mortgage Value at Owner
Sale ID Account Name Date Rate Origination Occupied
- ------- ------- ---- ---- ---- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
SB561 6149638 DOKOVIC SULEJMAN 06/01/99 10.875 86,000.00 Y
SB561 6149651 SINGLETON CHARLOTTE L 07/01/99 9.625 138,000.00 Y
SB561 6149653 ERICKSON DONALD 07/01/99 11.250 103,500.00 Y
SB561 6149716 TRISOLIERE ELLEN L 07/01/99 8.875 114,000.00 Y
SB561 6149741 ROBERTO ARTHUR 07/01/99 8.875 165,000.00 Y
SB561 6149742 GETTINGS JOHNNIE B 01/01/98 10.875 165,000.00 Y
SB561 6149743 MURPHY JOYCE E 01/01/98 10.875 60,000.00 Y
SB561 6149751 WEHRLY ROBERT B 07/01/99 12.750 140,500.00 Y
SB561 6149841 MONTGOMERY DAVID 01/01/98 9.125 239,000.00 Y
SB561 6149862 RAHMAN MATIUR 07/01/99 9.875 45,000.00 N
SB561 6149868 GUTIERREZ ABEL 07/01/99 8.750 130,000.00 Y
SB561 6149873 MARTIN RHONDA L 01/01/98 8.875 223,000.00 Y
SB561 6149889 PAULSON MARGARET J 07/01/99 12.250 146,000.00 Y
SB561 6149961 WILHELM JEAN R 07/01/99 8.625 178,000.00 Y
SB561 6149972 SWEENEY DEBBIE 07/01/99 11.000 204,000.00 Y
SB561 6149973 ENNES JOHN A 07/01/99 9.750 165,500.00 Y
SB561 6150040 VUCIC MIHAILO 01/01/98 10.475 385,000.00 Y
SB561 6150044 EID ISSAM 07/01/99 9.500 100,000.00 Y
SB561 6150052 PATTY TERRY L 07/01/99 10.750 45,000.00 Y
SB561 6150055 CHANDLER LETICIA L 07/01/99 11.250 124,500.00 Y
SB561 6150425 MONTGOMERY BRUCE A 07/01/99 10.250 185,000.00 Y
SB561 6150427 NORRIS DARRELL R 07/01/99 11.125 102,800.00 Y
SB561 6150451 KELLY WANDA J 07/01/99 11.625 117,000.00 Y
SB561 6150452 DEANE ERIN K 07/01/99 9.625 220,000.00 Y
SB561 6150454 GENTRY RICKY C 01/01/98 10.875 127,000.00 Y
SB561 6150463 STUBBS RICHARD A 07/01/99 9.500 111,000.00 N
SB561 6150579 TOTH DAVID 07/01/99 9.875 121,500.00 Y
SB561 6150611 EDGE RONALD H 01/01/98 10.625 110,000.00 Y
SB561 6150616 TUTKO DAVID E 07/01/99 9.000 120,000.00 Y
SB561 6150665 JAJOU DHIA 01/01/98 9.625 120,000.00 Y
SB561 6150669 OPENBRIER JOSEPH R 07/01/99 8.375 96,500.00 Y
SB561 6150686 BRITTON LARRY T 07/01/99 11.250 89,500.00 Y
SB561 6150693 BLACKBURN ALAN D 07/01/99 10.250 124,900.00 Y
SB561 6150748 EPPS MARK S 07/01/99 11.500 207,500.00 Y
SB561 6150757 BADAWI IMAD 07/01/99 9.500 140,000.00 Y
SB561 6150764 BURWELL JAMES L 07/01/99 8.625 300,000.00 Y
SB561 6150824 BOUFFARD JOHN A 07/01/99 9.750 128,000.00 Y
SB561 6150919 LOVE LISA D 07/01/99 8.750 125,500.00 Y
SB561 6150961 BIALKE-FITZP KATHLEEN P 07/01/99 10.750 204,000.00 Y
SB561 6151004 OPLCHENSKI ATANAS 01/01/98 10.625 270,000.00 Y
SB561 6151016 DIKHO JOHN T 07/01/99 10.000 45,000.00 N
SB561 6151022 RASMUSSEN KAREN J 07/01/99 9.750 160,000.00 Y
SB561 6151116 GALBREATH RUSSELL L 07/01/99 10.500 59,000.00 Y
SB561 6151139 SIPES MICHAEL W 07/01/99 10.250 259,000.00 Y
SB561 6151274 WILLIAMS TYRONNE 01/01/98 9.875 94,000.00 Y
SB561 6151429 GARDNER EARL W 07/01/99 12.250 46,000.00 Y
SB561 6151602 ALLRED MICHAEL S 07/01/99 9.875 156,900.00 Y
----------------------------------------- -------------------------
106 Sale Total 10.249 16,926,506.00
</TABLE>
<PAGE>
<TABLE>
Page 3
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE B
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Origination Balance at Mortgaged Payment Principal LTV
Sale ID Account Name Origination Property Int & Prin Balance Ratio
- ------- ------- ---- ----------- -------- ---------- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
SBC562 800053258 KONARZEWSKI JAMES 46,000.00 1 390.99 45,888.05 73.0
SBC562 800062622 KOOGLE SHARON K 67,500.00 1 586.13 67,375.84 90.0
SBC562 800087629 HADDAD GILL S 143,200.00 1 1,445.47 143,024.22 80.0
SBC562 800106098 WILLIAMS BLAKE D 152,800.00 1 1,312.79 152,584.39 84.9
SBC562 800107856 LUTHER GARCIA 195,000.00 1 2,024.58 194,835.54 77.3
SBC562 800113110 HANES TERRY 132,750.00 1 1,189.57 132,694.34 90.0
SBC562 800114340 RODRIGUEZ EDERMIRA 115,000.00 1 977.49 114,776.96 74.1
SBC562 800120768 DOUGHER PEARL 75,000.00 3 700.11 74,917.59 75.0
SBC562 800122509 SCHAEFFER EDWARD J 44,100.00 1 428.33 44,085.11 90.0
SBC562 800123036 CARRAFA JOHN 66,400.00 1 695.80 66,345.54 80.0
SBC562 800123580 LINFOOT KENDLE B 242,250.00 1 2,103.57 241,804.32 85.0
SBC562 800125544 BRAEGER WILLIAM E 248,000.00 1 2,176.38 247,597.25 70.8
SBC562 800126591 WALKER DARNELL 68,850.00 1 636.24 68,796.50 83.9
SBC562 800130882 THOMPSON WALTER T 91,800.00 1 917.85 91,771.46 85.0
SBC562 800133845 DENLINGER R WAYNE 45,600.00 1 486.67 45,564.63 80.0
SBC562 800137143 WHITE SHELBY 175,100.00 1 1,700.68 174,920.98 85.0
SBC562 800145351 SPENCER C GERALD 225,000.00 1 1,933.10 224,789.20 90.0
SBC562 800150195 LYVAN HENRY 106,250.00 3 1,021.37 105,969.55 85.0
SBC562 800152563 HEALY MICHAEL J 189,000.00 1 1,676.09 188,918.60 90.0
SBC562 800156051 DUFF MICHAEL J 51,100.00 1 481.82 51,081.49 70.0
SBC562 800156200 POISSON JOEL V 409,500.00 1 3,518.24 409,500.00 71.2
SBC562 800157174 HAMPTON DELORES 48,000.00 1 502.99 48,000.00 80.0
SBC562 800157620 SULLIVAN ISMAEL BERNIER 92,400.00 1 793.86 92,269.80 80.0
SBC562 800158479 BRICKER SHARON L 41,275.00 1 381.42 41,242.93 85.9
SBC562 800159972 RIOS RUTH 103,500.00 1 985.65 103,425.85 90.0
SBC562 800160970 DAVIDOWITZ PHILIP 175,000.00 1 1,666.56 175,000.00 68.6
SBC562 800167132 SHORTELL RUTH A 55,000.00 1 442.54 54,939.69 78.5
SBC562 800170771 PALMER LEROY 51,000.00 1 524.59 51,000.00 85.0
SBC562 800170797 BOOKER BIBI 148,750.00 1 1,530.06 148,707.44 85.0
SBC562 800171290 BILDA DIANE 103,500.00 1 889.22 103,451.72 75.0
SBC562 800174278 KHAN YOUNIS G 130,050.00 1 1,238.50 130,003.63 85.0
SBC562 800175390 SPIVEY THERESA 74,000.00 1 811.36 74,000.00 80.0
SBC562 800181125 WILLIAMS ANETRIAL L. 67,500.00 1 726.95 67,500.00 75.0
SBC562 800181760 LIN CHENG 53,899.00 1 463.08 53,899.00 69.9
SBC562 800182255 MCNICHOLAS KEVIN 185,400.00 1 1,475.13 185,400.00 90.0
SBC562 800184723 AUTORE ROSEMARY K 93,000.00 1 739.95 92,947.86 68.8
SBC562 800188252 ANTHONY MARIAN 91,800.00 1 961.97 91,750.05 85.0
SBC562 800188930 GREEN ELEANOR J 80,000.00 1 709.46 79,965.54 89.8
SBC562 800190985 TASCA GAETANO 117,000.00 1 1,158.64 117,000.00 90.0
SBC562 800192734 ORTIZ HEATHER A 47,200.00 1 517.52 47,200.00 80.0
SBC562 800193658 FOLGER MARK A 96,000.00 1 1,052.58 96,000.00 80.0
SBC562 800195414 KIRSON JESSICA S 117,000.00 2 930.90 116,934.41 65.0
SBC562 800195521 JOHNSON MARC D 95,200.00 1 997.60 95,200.00 80.0
SBC562 800196271 BROOKS STEVEN H 69,275.00 1 672.84 69,251.61 85.0
SBC562 800199077 NIEVES JOSE E 93,600.00 1 873.74 93,564.76 90.0
SBC562 800200685 MARSICANO DANIEL 162,000.00 1 1,855.57 161,966.93 77.1
SBC562 800201873 SENKO YOLANDA J 76,500.00 1 772.20 76,476.86 85.0
SBC562 800203523 MONCUS VIOLET EILEEN 44,200.00 7 486.68 44,200.00 85.0
SBC562 800203721 FREEMAN HOWARD 57,600.00 1 659.76 57,600.00 80.0
SBC562 800204257 DEUGWILLO ROBERT J 86,400.00 1 734.39 86,400.00 90.0
SBC562 800204737 LECATO TYRONE T 207,000.00 1 1,893.51 207,000.00 90.0
SBC562 800204828 FOSTER FRANK C 99,800.00 1 912.91 99,760.34 89.9
SBC562 800204976 BELMONTE LUIS A 48,900.00 1 484.25 48,884.37 85.9
SBC562 800207151 ESCUDERO MIRIAM 210,600.00 3 1,985.73 210,522.83 90.0
SBC562 800208548 HEINS ROBERT A.W. 385,000.00 1 3,097.80 385,000.00 39.4
SBC562 800209215 O'DONNELL MARY ANN 97,750.00 1 949.41 97,717.00 85.0
SBC562 800210361 KESTNER JANET K 81,600.00 1 902.66 81,600.00 80.0
SBC562 800210700 SCHAEDLER CHARLES C 144,000.00 1 1,317.22 144,000.00 90.0
SBC562 800213134 RIEBER MICHAEL 128,000.00 1 1,341.31 128,000.00 80.0
<CAPTION>
Next Current Property
Origination Adjustment Mortgage Value at Owner
Sale ID Account Name Date Rate Origination Occupied
- ------- ------- ---- ---- ---- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
SBC562 800053258 KONARZEWSKI JAMES 02/01/99 9.625 63,000.00 Y
SBC562 800062622 KOOGLE SHARON K 02/01/99 9.875 75,000.00 Y
SBC562 800087629 HADDAD GILL S 03/01/99 11.750 179,000.00 Y
SBC562 800106098 WILLIAMS BLAKE D 04/01/99 9.750 179,800.00 Y
SBC562 800107856 LUTHER GARCIA 09/01/97 12.125 252,000.00 Y
SBC562 800113110 HANES TERRY 06/01/99 10.250 147,500.00 Y
SBC562 800114340 RODRIGUEZ EDERMIRA 10/01/97 9.625 155,000.00 Y
SBC562 800120768 DOUGHER PEARL 04/01/99 10.750 100,000.00 Y
SBC562 800122509 SCHAEFFER EDWARD J 05/01/99 11.250 49,000.00 Y
SBC562 800123036 CARRAFA JOHN 04/01/99 12.250 83,000.00 Y
SBC562 800123580 LINFOOT KENDLE B 09/01/97 9.875 285,000.00 Y
SBC562 800125544 BRAEGER WILLIAM E 03/01/99 10.000 350,000.00 Y
SBC562 800126591 WALKER DARNELL 10/01/97 10.625 82,000.00 Y
SBC562 800130882 THOMPSON WALTER T 04/01/99 11.625 108,000.00 Y
SBC562 800133845 DENLINGER R WAYNE 04/01/99 12.500 57,000.00 Y
SBC562 800137143 WHITE SHELBY 04/01/99 11.250 206,000.00 Y
SBC562 800145351 SPENCER C GERALD 04/01/99 9.750 250,000.00 Y
SBC562 800150195 LYVAN HENRY 12/01/97 11.125 125,000.00 Y
SBC562 800152563 HEALY MICHAEL J 06/01/99 10.125 210,000.00 Y
SBC562 800156051 DUFF MICHAEL J 05/01/99 10.875 73,000.00 Y
SBC562 800156200 POISSON JOEL V 07/01/99 9.750 575,000.00 Y
SBC562 800157174 HAMPTON DELORES 07/01/99 12.250 60,000.00 Y
SBC562 800157620 SULLIVAN ISMAEL BERNIER 04/01/99 9.750 115,500.00 Y
SBC562 800158479 BRICKER SHARON L 04/01/99 10.625 48,000.00 Y
SBC562 800159972 RIOS RUTH 05/01/99 11.000 115,000.00 Y
SBC562 800160970 DAVIDOWITZ PHILIP 06/01/99 11.000 255,000.00 Y
SBC562 800167132 SHORTELL RUTH A 05/01/99 9.000 70,000.00 Y
SBC562 800170771 PALMER LEROY 07/01/99 12.000 60,000.00 Y
SBC562 800170797 BOOKER BIBI 05/01/99 12.000 175,000.00 Y
SBC562 800171290 BILDA DIANE 06/01/99 9.750 138,000.00 Y
SBC562 800174278 KHAN YOUNIS G 06/01/99 11.000 153,000.00 Y
SBC562 800175390 SPIVEY THERESA 07/01/99 12.875 92,500.00 Y
SBC562 800181125 WILLIAMS ANETRIAL L. 07/01/99 12.625 90,000.00 Y
SBC562 800181760 LIN CHENG 07/01/99 9.750 77,000.00 Y
SBC562 800182255 MCNICHOLAS KEVIN 12/01/97 8.875 206,000.00 Y
SBC562 800184723 AUTORE ROSEMARY K 06/01/99 8.875 135,000.00 Y
SBC562 800188252 ANTHONY MARIAN 06/01/99 12.250 108,000.00 Y
SBC562 800188930 GREEN ELEANOR J 12/01/97 10.125 89,000.00 Y
SBC562 800190985 TASCA GAETANO 06/01/99 11.500 130,000.00 Y
SBC562 800192734 ORTIZ HEATHER A 07/01/99 12.875 59,000.00 Y
SBC562 800193658 FOLGER MARK A 07/01/99 12.875 120,000.00 Y
SBC562 800195414 KIRSON JESSICA S 12/01/97 8.875 180,000.00 Y
SBC562 800195521 JOHNSON MARC D 07/01/99 12.250 119,000.00 Y
SBC562 800196271 BROOKS STEVEN H 06/01/99 11.250 81,500.00 Y
SBC562 800199077 NIEVES JOSE E 06/01/99 10.750 104,000.00 Y
SBC562 800200685 MARSICANO DANIEL 06/01/99 13.500 210,000.00 Y
SBC562 800201873 SENKO YOLANDA J 06/01/99 11.750 90,000.00 Y
SBC562 800203523 MONCUS VIOLET EILEEN 06/01/99 12.000 52,000.00 Y
SBC562 800203721 FREEMAN HOWARD 06/01/99 13.500 72,000.00 Y
SBC562 800204257 DEUGWILLO ROBERT J 01/01/98 9.625 96,000.00 Y
SBC562 800204737 LECATO TYRONE T 07/01/99 10.500 230,000.00 Y
SBC562 800204828 FOSTER FRANK C 06/01/99 10.500 110,900.00 Y
SBC562 800204976 BELMONTE LUIS A 06/01/99 11.500 56,900.00 Y
SBC562 800207151 ESCUDERO MIRIAM 06/01/99 10.875 234,000.00 Y
SBC562 800208548 HEINS ROBERT A.W. 01/01/98 9.000 975,000.00 Y
SBC562 800209215 O'DONNELL MARY ANN 06/01/99 11.250 115,000.00 Y
SBC562 800210361 KESTNER JANET K 06/01/99 13.000 102,000.00 Y
SBC562 800210700 SCHAEDLER CHARLES C 07/01/99 10.500 160,000.00 Y
SBC562 800213134 RIEBER MICHAEL 07/01/99 12.250 160,000.00 Y
</TABLE>
<PAGE>
<TABLE>
Page 4
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE B
1997-2 CLASS 2 -- 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/22/97
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Origination Balance at Mortgaged Payment Principal LTV
Sale ID Account Name Origination Property Int & Prin Balance Ratio
- ------- ------- ---- ----------- -------- ---------- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
SBC562 800213902 INGRAM MATTIE L 36,000.00 1 325.95 35,985.30 90.0
SBC562 800214272 MOORE HERBERT E 347,200.00 5 3,537.97 347,200.00 80.0
SBC562 800214413 GEESEY MAXINE H 183,000.00 1 1,423.36 183,000.00 83.1
SBC562 800215410 DE LA CRUZ ELIAS 133,200.00 1 1,156.64 133,200.00 90.0
SBC562 800217499 MCCRONE MARLENE M 77,390.00 1 588.22 77,341.90 85.9
SBC562 800218018 CAFARO ANNA 157,500.00 1 1,338.73 157,424.55 85.1
SBC562 800218687 HERNANDEZ ALFONSO 245,650.00 4 2,316.21 245,650.00 85.0
SBC562 800219164 CHIUSANO LINDA 131,400.00 1 1,276.24 131,400.00 85.3
SBC562 800221186 ZEZIMA ANTONIO 203,265.00 1 1,617.27 203,151.04 72.3
SBC562 800225435 O'NEIL THOMAS 135,000.00 1 1,172.27 134,938.67 90.0
SBC562 800225732 KALOIDIS ATHAN 500,000.00 1 4,068.16 500,000.00 73.5
SBC562 800226615 CHAMBERS INEZ 346,500.00 1 3,234.51 346,500.00 90.0
SBC562 800227886 RUDE ALLEN W 104,000.00 1 1,211.72 104,000.00 80.0
SBC562 800229585 LYNN CANDACE J 73,350.00 1 636.93 73,350.00 90.0
SBC562 800230401 FRANKLIN THOMAS L 125,900.00 1 1,198.98 125,855.10 89.9
SBC562 800230856 GARDIANOS PERICLES C 124,950.00 1 1,285.25 124,914.25 85.0
SBC562 800230955 JENKINS JULIAN 30,945.00 1 339.29 30,945.00 77.3
SBC562 800231102 BLACKBURN ROBERT A 27,200.00 1 259.03 27,200.00 75.5
SBC562 800233264 SINGLEY CAROLYN A 107,100.00 1 969.69 107,100.00 90.0
SBC562 800233983 LEWIS WARREN S 66,400.00 1 638.62 66,400.00 80.0
SBC562 800234270 LACEY RANDALL H 72,000.00 1 658.61 72,000.00 90.0
SBC562 800235277 FISHER CRAIG W 63,200.00 1 554.63 63,200.00 84.9
SBC562 800235558 GILLILAND DONALD J 112,800.00 1 1,117.05 112,800.00 80.0
SBC562 800236622 RANDOLPH CHARLES D 508,800.00 1 4,418.16 508,800.00 80.0
SBC562 800237877 TAYLOR HENRY W 50,000.00 1 438.79 50,000.00 69.4
SBC562 800238792 BLAIR ARNOLD J. 73,500.00 1 624.74 73,500.00 70.0
SBC562 800239204 HOBSON BETTY 72,000.00 3 754.49 72,000.00 58.5
SBC562 800240095 NADERSKI CASMIR F. 54,000.00 7 552.80 54,000.00 90.0
SBC562 800241630 LINHARES JOAO M 116,450.00 1 1,021.93 116,450.00 79.9
SBC562 800244055 GUERRIERO JOHN 128,000.00 1 1,267.57 128,000.00 80.0
--------------------------------------------------------- ----------------------------------------
89 Sale Total 11,355,599.00 104,847.59 11,351,329.99 80.4
195 Total with Superior 24,645,884.00 224,475.04 24,637,647.92 80.3
195 Grand Total 24,645,884.00 224,475.04 24,637,647.92 80.3
<CAPTION>
Next Current Property
Origination Adjustment Mortgage Value at Owner
Sale ID Account Name Date Rate Origination Occupied
- ------- ------- ---- ---- ---- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
SBC562 800213902 INGRAM MATTIE L 12/01/97 10.375 40,000.00 Y
SBC562 800214272 MOORE HERBERT E 01/01/98 11.875 434,000.00 Y
SBC562 800214413 GEESEY MAXINE H 01/01/98 8.625 220,000.00 Y
SBC562 800215410 DE LA CRUZ ELIAS 07/01/99 9.875 148,000.00 Y
SBC562 800217499 MCCRONE MARLENE M 07/01/99 8.375 90,000.00 Y
SBC562 800218018 CAFARO ANNA 12/01/97 9.625 185,000.00 Y
SBC562 800218687 HERNANDEZ ALFONSO 01/01/98 10.875 289,000.00 Y
SBC562 800219164 CHIUSANO LINDA 07/01/99 11.250 154,000.00 Y
SBC562 800221186 ZEZIMA ANTONIO 06/01/99 8.875 281,000.00 Y
SBC562 800225435 O'NEIL THOMAS 06/01/99 9.875 150,000.00 Y
SBC562 800225732 KALOIDIS ATHAN 01/01/98 9.125 680,000.00 Y
SBC562 800226615 CHAMBERS INEZ 07/01/99 10.750 385,000.00 Y
SBC562 800227886 RUDE ALLEN W 07/01/99 13.750 130,000.00 Y
SBC562 800229585 LYNN CANDACE J 07/01/99 9.875 81,500.00 Y
SBC562 800230401 FRANKLIN THOMAS L 06/01/99 11.000 139,900.00 Y
SBC562 800230856 GARDIANOS PERICLES C 06/01/99 12.000 147,000.00 Y
SBC562 800230955 JENKINS JULIAN 07/01/99 12.875 40,000.00 Y
SBC562 800231102 BLACKBURN ROBERT A 07/01/99 11.000 36,000.00 Y
SBC562 800233264 SINGLEY CAROLYN A 01/01/98 10.375 119,000.00 Y
SBC562 800233983 LEWIS WARREN S 07/01/99 11.125 83,000.00 Y
SBC562 800234270 LACEY RANDALL H 07/01/99 10.500 80,000.00 Y
SBC562 800235277 FISHER CRAIG W 07/01/99 10.000 74,400.00 Y
SBC562 800235558 GILLILAND DONALD J 01/01/98 11.500 141,000.00 Y
SBC562 800236622 RANDOLPH CHARLES D 07/01/99 9.875 636,000.00 Y
SBC562 800237877 TAYLOR HENRY W 07/01/99 10.000 72,000.00 Y
SBC562 800238792 BLAIR ARNOLD J. 07/01/99 9.625 105,000.00 Y
SBC562 800239204 HOBSON BETTY 07/01/99 12.250 123,000.00 Y
SBC562 800240095 NADERSKI CASMIR F. 07/01/99 10.875 60,000.00 Y
SBC562 800241630 LINHARES JOAO M 07/01/99 10.000 145,608.00 Y
SBC562 800244055 GUERRIERO JOHN 01/01/98 11.500 160,000.00 Y
------------------------------------------ ------------------------
89 Sale Total 10.590 14,478,008.00
195 Total with Superior 10.406 31,404,514.00
195 Grand Total 10.406 31,404,514.00
</TABLE>
SUBSEQUENT TRANSFER INSTRUMENT NUMBER THREE
Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
July 30, 1997, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1997-2, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of June 1, 1997, 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 Certificate Insurer or 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 C. BRACKEN
----------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
AFC MORTGAGE LOAN ASSET BACKED
CERTIFICATES, SERIES 1997-2
By: LASALLE NATIONAL BANK,
as Trustee
By: /s/ CYNTHIA REIS
----------------------------------
Name: Cynthia Reis
Title: First 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 1997-2
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 1
Series 1997-2
July 30, 1997
A.
1. Subsequent Cut-off Date: July 29, 1997
2. Pricing Date:
3. Subsequent Transfer Date: July 30, 1997
4. Aggregate Principal Balance of the Subsequent
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: 8.850%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $209,953.06
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: ____ months
7. July 1997 first payment date: -0-
8. WAC of all Mortgage Loans: _______%
9. WAM of all Mortgage Loans: ______ months
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 1997-2
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 2
Series 1997-2
July 30, 1997
A.
1. Subsequent Cut-off Date: July 29, 1997
2. Pricing Date:
3. Subsequent Transfer Date: July 30, 1997
4. Aggregate Principal Balance of the Subsequent
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: 360 months
2. Longest original term to maturity: 360 months
3. Lowest Mortgage Rate: 3.75%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $665,000.00
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: ____ months
7. July 1997 first payment date: -0-
8. WAC of all Mortgage Loans: ______%
9. WA Gross Margin: _______
10. WAM of all Mortgage Loans: ______ months
11. Maximum Weighted average CLTV: _____%
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: -0-
5
<PAGE>
ADDITION NOTICE
Date: July 30, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of June 1, 1997,
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 1997-2 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 July 30, 1997, with an aggregate principal balance of
$8,700,000.00*. 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 A. SORICELLI
-----------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ CYNTHIA REIS
--------------------
Name: Cynthia Reis
Title: Vice President
Date: July 30, 1997
6
<PAGE>
ADDITION NOTICE
Date: July 30, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of June 1, 1997,
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 1997-2 Sub-Pool 2
-------------------------------------------------------------
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 July 30, 1997, with an aggregate principal balance of
$7,700,000.00*. 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 A. SORICELLI
-----------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ CYNTHIA REIS
---------------------
Name: Cynthia Reis
Title: Vice President
Date: July 30, 1997
7
<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 June 1, 1997, 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: July 30, 1997 By: /s/ WILLIAM C. BRACKEN
-----------------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
1
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 3RD SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/30/97
Originations Zip
Sale ID Account Name Address City State Code
------- ------------ ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
MIT972A 6132450 COLLINS RONALD LEE 3657 KITZMILLER NEW ALBANY OH 43054
MIT972A 6132452 FRANCO AMELIA 12531 SOUTH WINCHESTER AVE CALUMET PARK IL 60643
MIT972A 6132463 BROOKS MARK 3585 KEITH BRIDGE ROAD CUMMING GA 30131
MIT972A 6132464 GONZALEZ EDWIN 293 ARLINGTON AVENUE BROOKLYN NY 11208
MIT972A 6132500 SILVA ALFRED F JR 424 MERIDIAN STREET EAST BOSTON MA 02128
MIT972A 6132529 GUGEL MARILYN R 94-40 86TH ROAD WOODHAVEN NY 11421
MIT972A 6132537 HUMPHREYS ROBERT HAROLD 29 TIMBER ROCK ROAD GAITHERSBURG MD 20878
----------------------------------
7 Sale Total
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Originations Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----------- ------------ -------- -------- ----- -------- ----- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MIT972A 6132450 50,000.00 2,026.09 11/04/89 10/04/04 86.10 09/04/97 61.6 18.450 821.45
MIT972A 6132452 20,000.00 16,405.91 11/16/89 10/16/04 86.50 07/16/97 47.9 16.900 306.38
MIT972A 6132463 31,000.00 25,433.58 03/01/90 02/01/05 90.05 07/01/97 39.2 16.500 466.15
MIT972A 6132464 33,000.00 26,728.27 06/01/89 05/01/04 80.98 08/01/97 53.5 16.500 496.22
MIT972A 6132500 79,750.00 60,293.10 05/24/90 04/24/05 92.75 08/24/97 55.0 13.750 1,048.70
MIT972A 6132529 36,000.00 27,837.45 12/08/89 11/08/04 87.25 08/08/97 17.1 15.900 526.22
MIT972A 6132537 66,000.00 52,596.54 07/25/90 06/25/05 94.78 07/25/97 55.4 15.750 957.86
--------------------------- ----- --------------------------------
315,750.00 211,320.94 90.17 47.5 15,499 4,622.98
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 3RD SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/30/97
Originations Zip
Sale ID Account Name Address City State Code
------- ------------ ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SB71 5010008 BRIGHT SAMMY 3719 TARRYTOWN WAY DECATUR GA 30034
SB71 6089597 FERNANDEZ SALVADOR 11881 SOUTHWEST 35 TERRACE MIAMI FL 33175
SB71 6102425 ADRIAN MARK 1025 NORTH ONTARIO AVENUE LINDENHURST NY 11757
SB71 6129719 BREWER RONALD M 2306 WEST SUMMIT PLACE CHANDLER AZ 85224
SB71 6130854 MCCRACKEN JAMES ROBIN 14816 OAK VINE DRIVE LUTZ FL 33549
SB71 6135341 HARRIS KATHLEEN D 2714 E WINDROSE DRIVE PHOENIX AZ 85032
SB71 6135568 JONES CHRISTOPHE H 1218 EAST 460 SOUTH PROVO UT 84606
SB71 6140340 FRAGA ALEX 41704 LILLEY MOUNTAIN DRIV COARSEGOLD CA 93614
SB71 6140531 PETERSON ROBERT M 17611 PATRICIA WAY GRASS VALLEY CA 95949
SB71 6141729 PANOS PATRICIA W 852 NORTHCLIFFE DRIVE SALT LAKE CITY UT 84103
SB71 6142485 SHOTWELL SHANE C 3974 NORTH ARABIAN WAY CEDAR CITY UT 84720
SB71 6142763 LEBER MATTHEW 3453 WEST REDFIELD ROAD PHOENIX AZ 85023
SB71 6142966 TACHAU JEREMY S 9640 CRESTA DRIVE LOS ANGELES CA 90035
SB71 6143324 LEWIS BRADLEY S 17900 LIGHTFOOT WAY NEVADA CITY CA 95959
SB71 6143942 LEIDENFROST WESLEY 6136 250TH STREET NORTH FOREST LAKE MN 55025
SB71 6144382 RAHM JOHN N 433 EAST TYEE DRIVE SISTERS OR 97759
SB71 6144433 KANG BUOK 206 STANTON DR. BUFFALO GROVE IL 60089
SB71 6144571 LINDLY DALE R 2609 LINDENTREE LANE SANTA CLARA CA 95051
SB71 6145041 NIELSON CLAIR 80 EAST 300 SOUTH HUNTINGTON UT 84528
SB71 6145147 PATANIA CAROLYN 10 FAIRWAY DRIVE CHICO CA 95928
SB71 6145294 SHIPP DENNIS ALLEN 1308 E ROSEMONT DRIVE PHOENIX AZ 85024
SB71 6145728 ZAFIRATOS ANN E 17610 BROOKHURST LAKE OSWEGO OR 97034
SB71 6146954 BLACKBURN KELLY R 1743 E JARVIS AVENUE MESA AZ 85204
SB71 6147146 HOCKENBERRY HOWARD D 10821 WEST SACK DRIVE SUN CITY AZ 85373
SB71 6147303 HUNTER NIMIA C 613 SOUTH 198TH STREET SEATTLE WA 98148
SB71 6147384 MURRAY DEWARD N 1088 WEST 1100 NORTH OREM UT 84057
SB71 6147473 CLARDY-BOWMA GWENDOLYN 7555 W GLENROSA AVENUE PHOENIX AZ 85033
SB71 6147591 JUGO MARIA 5154 WEST FOSTER AVENUE CHICAGO IL 60630
SB71 6147647 LYON GORDON H 134 NORTH BARNES DRIVE KAYSVILLE UT 84037
SB71 6147914 ROBINSON TERRY F 1731 CLEVELAND STREET BOISE ID 83705
SB71 6147940 THAMES DELORES 15731 EAST END AVE DOLTON IL 60419
SB71 6148544 ALDERMAN ROBERT J 3455 HAMILTON AVENUE DEEPHAVEN MN 55391
SB71 6148759 SCARBERRY WILLIAM R 26344 NORTHLINE TAYLOR MI 48180
SB71 6148806 MILLER JEREMY 1523 LEWIS STREET DEKALB IL 60115
SB71 6148838 BIHL CLIFFORD 1684 APRIL COURT WEST LINN OR 97068
SB71 6149084 DANA JENNIFER A 6242 EAST AVALON DRIVE SCOTTSDALE AZ 85251
SB71 6149201 STUART STEVEN J 100 MARINA VISTA AVENUE LARKSPUR CA 94939
SB71 6149218 ALLEN JEFFREY M 5654 S CAMPBELL CHICAGO IL 60629
SB71 6149290 LINDMAN JANE A 1850 PARKER ROAD ST LOUIS PARK MN 55426
SB71 6149402 ATKINSON WILLIAM 3279 STATE ROUTE 59 RAVENNA OH 44266
SB71 6149481 WRIGHT JODY S 9778 SOUTH TAYSIDE DRIVE SOUTH JORDAN UT 84095
SB71 6149508 REYES MARIA G 35 E 23RD STREET CHICAGO HEIGHTS IL 60411
SB71 6149738 IRWIN SYLVIA C 1013 STONEHEDGE COURT CRYSTAL LAKE IL 60014
SB71 6149749 SULLIVAN TINA M 2318 CREEK ROAD WEST BEND WI 53095
SB71 6149975 STRAUB MICHAEL A 6955 BLUE RIVER WAY COLORADO SPRINGS CO 80911
SB71 6150014 ANDERSON KIM L 565 HARDIN STREET AURORA IL 60506
SB71 6150016 TAYLOR BARBARA 1022 N CENTER ST JOLIET IL 60435
SB71 6150079 CARNS GLEN A 11192 EAST 37TH LANE YUMA AZ 85367
SB71 6150143 PRIMM JUADENA O 3364 EAST 118TH STREET CLEVELAND OH 44120
SB71 6150160 SHINGLETON THOMAS 6613 POINTE EAST COURT INDIANAPOLIS IN 46250
SB71 6150169 O'HAYRE PAUL B 4793 SOUTH YOUNGFIELD STRE MORRISON CO 80465
SB71 6150291 ROMERO CARY J 1970 SOUTH STUART STREET DENVER CO 80219
SB71 6150386 NICHOLAS BRUCE C 448 SAGINAW CALUMET CITY IL 60409
SB71 6150438 NAAMAN MARK 1912 E 66TH STREET INDIANAPOLIS IN 46220
SB71 6150476 VOLKMAN JULIA E 1718 PORTAGE AVENUE CHESTERTON IN 46304
SB71 6150511 RIZZOTTI ALEX 16711 W MCKENZIE AVE LOCKPORT IL 60441
SB71 6150548 ROBINSON JUDY A 1833 SOUTH FOURTH AVENUE MAYWOOD IL 60153
SB71 6150596 FERREE LAWRENCE P 12387 WEST SWARTHMORE AVEN MORRISON CO 80465
SB71 6150700 CULLEY BRIAN L 11836 SOUTH HIDDEN VALLEY SANDY UT 84092
SB71 6150724 MAYLAND HAROLD E 7811 SOUTH VENTURA COURT AURORA CO 80016
SB71 6150770 VOELKER BRUCE H 12918 C" STREET SOUTH TACOMA WA 98444
SB71 6150778 PAK TAE H 7938 SOUTH 3725 WEST WEST JORDAN UT 84088
SB71 6150843 MATYSIEWSKI CHESTER 2303 N. LEAVITT STREET CHICAGO IL 60647
SB71 6150878 SHOELEN JAMES E 213 ADELLA AVE JOLIET IL 60432
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Originations Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----------- ------------ -------- -------- ----- -------- ----- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB71 5010008 11,000.00 8,213.22 02/01/89 01/01/04 77.03 08/01/97 65.0 16.500 165.41
SB71 6089597 25,250.00 24,198.54 12/06/95 11/06/10 159.22 08/06/97 85.0 11.950 302.23
SB71 6102425 25,500.00 24,654.97 03/22/96 02/22/11 162.77 07/22/97 89.9 11.150 292.24
SB71 6129719 23,952.00 23,782.21 11/01/96 10/01/11 170.07 07/01/97 87.6 13.000 303.06
SB71 6130854 112,000.00 111,850.37 10/18/96 09/18/11 169.64 07/18/97 79.4 12.190 1,168.45
SB71 6135341 25,608.00 25,281.94 12/22/96 11/22/11 171.78 07/22/97 84.3 12.600 317.30
SB71 6135568 17,395.00 17,395.00 12/01/96 11/01/11 171.09 07/01/97 85.0 14.100 207.49
SB71 6140340 13,000.00 13,000.00 04/21/97 03/21/12 175.69 07/21/97 81.0 13.550 169.21
SB71 6140531 30,000.00 30,000.00 03/01/97 02/01/12 174.12 07/01/97 87.7 11.975 308.01
SB71 6141729 65,675.00 64,764.95 04/01/97 03/01/12 175.04 09/01/97 84.9 13.550 854.86
SB71 6142485 33,064.00 32,892.65 02/01/97 01/01/12 173.10 08/01/97 84.2 13.250 372.23
SB71 6142763 29,906.00 29,755.09 04/01/97 03/01/12 175.04 08/01/97 85.0 13.200 382.33
SB71 6142966 71,000.00 70,978.40 06/01/97 05/01/12 177.04 08/01/97 89.9 13.250 799.30
SB71 6143324 25,700.00 25,700.00 04/01/97 03/01/12 175.04 08/01/97 79.9 13.400 292.35
SB71 6143942 28,500.00 28,500.00 06/12/97 05/12/12 177.40 07/12/97 85.0 12.750 309.71
SB71 6144382 48,000.00 47,899.91 05/01/97 04/01/12 176.05 08/01/97 85.0 12.750 599.45
SB71 6144433 41,000.00 41,000.00 04/24/97 03/24/17 235.79 07/24/97 77.4 13.000 480.35
SB71 6144571 86,500.00 86,500.00 05/01/97 04/01/12 176.05 08/01/97 89.9 11.975 888.09
SB71 6145041 70,550.00 70,125.56 05/14/97 04/14/27 356.48 07/14/97 85.0 12.850 772.16
SB71 6145147 48,750.00 48,750.00 05/01/97 04/01/12 176.05 08/01/97 74.7 14.275 588.25
SB71 6145294 15,424.00 15,370.68 05/04/97 04/04/12 176.15 08/04/97 84.7 13.350 198.72
SB71 6145728 76,800.00 76,800.00 06/01/97 05/01/12 177.04 07/01/97 77.6 13.950 1,020.20
SB71 6146954 17,400.00 17,400.00 07/01/97 06/01/12 178.06 08/01/97 71.9 12.800 217.87
SB71 6147146 51,850.00 51,644.27 06/15/97 05/15/12 177.50 08/15/97 85.0 11.950 620.62
SB71 6147303 25,000.00 25,000.00 06/09/97 05/09/12 177.30 07/09/97 78.0 12.600 309.76
SB71 6147384 54,800.00 54,564.36 06/01/97 05/01/12 177.04 08/01/97 90.0 12.450 582.73
SB71 6147473 13,000.00 13,000.00 06/16/97 05/16/12 177.53 08/16/97 83.9 13.550 169.21
SB71 6147591 24,800.00 24,749.59 07/23/97 06/23/12 178.78 08/23/97 74.9 11.750 250.33
SB71 6147647 84,000.00 83,938.51 05/01/97 04/01/12 176.05 08/01/97 89.7 13.100 935.78
SB71 6147914 58,400.00 58,087.16 07/13/97 06/13/12 178.45 08/13/97 80.0 10.400 529.85
SB71 6147940 67,200.00 67,200.00 08/01/97 07/01/17 239.05 08/01/97 63.3 11.100 698.21
SB71 6148544 32,959.00 32,959.00 08/01/97 07/01/12 179.05 08/01/97 84.9 12.750 411.60
SB71 6148759 93,600.00 93,600.00 07/17/97 06/17/27 358.59 07/17/97 90.0 10.950 887.84
SB71 6148806 20,900.00 20,900.00 08/01/97 07/01/17 239.05 08/01/97 79.1 10.600 210.07
SB71 6148838 22,000.00 22,000.00 08/01/97 07/01/12 179.05 08/01/97 89.6 11.550 257.70
SB71 6149084 47,950.00 47,950.00 07/01/97 06/01/12 178.06 07/01/97 83.6 13.700 556.78
SB71 6149201 135,000.00 135,000.00 08/01/97 07/01/12 179.05 08/01/97 84.4 12.500 1,440.80
SB71 6149218 14,200.00 14,200.00 07/25/97 06/25/27 358.85 07/25/97 90.0 12.300 149.35
SB71 6149290 18,000.00 17,925.93 08/01/97 07/01/12 179.05 09/01/97 56.3 11.750 213.14
SB71 6149402 100,000.00 100,000.00 08/01/97 07/01/12 179.05 08/01/97 66.6 10.900 944.77
SB71 6149481 15,000.00 15,000.00 08/01/97 07/01/12 179.05 08/01/97 84.7 12.500 160.09
SB71 6149508 58,500.00 58,373.93 07/18/97 06/18/17 238.62 08/18/97 90.0 11.550 625.88
SB71 6149738 74,200.00 74,200.00 08/01/97 07/01/27 359.05 08/01/97 84.4 13.000 820.80
SB71 6149749 25,100.00 25,000.76 07/18/97 06/18/17 238.62 08/18/97 78.9 11.050 259.93
SB71 6149975 19,918.00 19,918.00 08/01/97 07/01/12 179.05 08/01/97 90.0 12.050 239.69
SB71 6150014 108,000.00 108,000.00 07/23/97 06/23/17 238.78 07/23/97 90.0 10.300 1,063.78
SB71 6150016 19,500.00 19,500.00 08/01/97 07/01/12 179.05 08/01/97 33.0 9.650 205.39
SB71 6150079 17,500.00 17,500.00 08/01/97 07/01/12 179.05 08/01/97 82.7 12.650 217.40
SB71 6150143 35,700.00 35,700.00 08/01/97 07/01/12 179.05 08/01/97 64.9 12.000 367.21
SB71 6150160 16,500.00 16,500.00 08/01/97 07/01/12 179.05 08/01/97 75.3 13.350 187.05
SB71 6150169 18,417.00 18,417.00 08/01/97 07/01/12 179.05 08/01/97 79.8 13.350 208.78
SB71 6150291 23,000.00 23,000.00 08/01/97 07/01/12 179.05 08/01/97 76.7 14.250 310.17
SB71 6150386 18,700.00 18,700.00 08/01/97 07/01/12 179.05 08/01/97 84.9 13.000 206.86
SB71 6150438 15,700.00 15,683.68 07/20/97 06/20/12 178.68 08/20/97 90.0 11.900 160.28
SB71 6150476 16,600.00 16,525.06 08/01/97 07/01/12 179.05 09/01/97 79.8 14.250 223.86
SB71 6150511 41,100.00 41,100.00 08/01/97 07/01/12 179.05 08/01/97 84.9 13.650 537.72
SB71 6150548 19,700.00 19,700.00 08/01/97 07/01/27 359.05 08/01/97 89.9 12.300 207.20
SB71 6150596 36,000.00 36,000.00 08/01/97 07/01/12 179.05 08/01/97 89.8 11.300 415.98
SB71 6150700 11,997.00 11,992.42 07/03/97 06/03/12 178.13 08/03/97 84.9 13.600 156.56
SB71 6150724 56,500.00 56,500.00 08/01/97 07/01/12 179.05 08/01/97 84.7 12.750 613.98
SB71 6150770 100,800.00 100,800.00 08/01/97 07/01/12 179.05 08/01/97 90.0 11.300 982.86
SB71 6150778 22,000.00 22,000.00 08/01/97 07/01/12 179.05 08/01/97 84.9 12.250 230.54
SB71 6150843 90,000.00 90,000.00 08/01/97 07/01/27 359.05 08/01/97 45.0 10.650 833.38
SB71 6150878 31,500.00 31,500.00 08/01/97 07/01/17 239.05 08/01/97 75.0 12.250 352.35
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 3RD SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/30/97
Originations Zip
Sale ID Account Name Address City State Code
------- ------------ ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SB71 6150920 COLE MICHAEL L 133 W SUGAR LEO ROAD ST GEORGE UT 84790
SB71 6150931 CARSCADEN THOMAS A III 11288 N 130TH WAY SCOTTSDALE AZ 85259
SB71 6151119 HELLER CATHERINE A 528 E MONTANA ST MILWAUKEE WI 53207
SB71 6151137 SPARKES JAMES C 1515 JUARCEYS COURT SAN JOSE CA 95120
SB71 6151219 ROWAN RUBY 5090 ELK RD SW CARROLLTON OH 44615
SB71 6151287 BRANDT EDWARD N III 820 SPYGLASS CIRCLE LOUISVILLE CO 80027
SB71 6151349 COLEMAN MARLON 87 WEST BONANZA DRIVE PUEBLO WEST CO 81007
SB71 6151372 BAILEY LEE L 4953 WEST EDINBURGH LANE WEST JORDAN UT 84088
SB71 6151382 HOPKINS DAVID C 437 SOUTH ANDERSON KENNEWICK WA 99336
SB71 6151606 GRANADOS RONALD J 236 169TH STREET HAMMOND IN 46324
SB71 6151618 CAIN EDWARD L 7033 SOUTH BUFFALO STREET LITTLETON CO 80120
SB71 6151847 LUCAS RICKEY A 7380 EAST MARK LANE SCOTTSDALE AZ 85262
-------------------------------------------
76 Sale Total
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Originations Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----------- ------------ -------- -------- ----- -------- ----- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB71 6150920 48,439.00 48,439.00 08/01/97 07/01/12 179.05 08/01/97 80.0 14.000 645.08
SB71 6150931 50,000.00 50,000.00 08/01/97 07/01/12 179.05 08/01/97 81.2 10.400 549.60
SB71 6151119 25,100.00 25,100.00 08/01/97 07/01/12 179.05 08/01/97 77.2 11.150 241.88
SB71 6151137 150,000.00 149,752.33 08/01/97 07/01/12 179.05 09/01/97 83.7 9.950 1,310.82
SB71 6151219 28,000.00 27,945.14 07/25/97 06/25/12 178.85 07/25/97 84.8 10.050 301.75
SB71 6151287 61,000.00 61,000.00 08/01/97 07/01/12 179.05 08/01/97 77.0 12.850 667.64
SB71 6151349 40,575.00 40,575.00 08/01/97 07/01/12 179.05 08/01/97 89.8 10.300 365.10
SB71 6151372 26,300.00 26,300.00 08/01/97 07/01/12 179.05 08/01/97 89.7 13.000 290.93
SB71 6151382 44,000.00 44,000.00 08/01/97 07/01/12 179.05 08/01/97 80.0 10.750 410.73
SB71 6151606 14,500.00 14,362.23 08/01/97 07/01/12 179.05 09/01/97 89.5 12.050 174.49
SB71 6151618 42,500.00 42,500.00 08/01/97 07/01/17 239.05 08/01/97 84.9 11.900 465.00
SB71 6151847 40,000.00 40,000.00 08/01/97 07/01/12 179.05 08/01/97 48.9 10.000 351.03
----------------------------- ------ --------------------------------
3,267,979.00 3,259,116.86 204.40 81.2 12.063 35,539.60
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 3RD SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/30/97
Originations Zip
Sale ID Account Name Address City State Code
------- ------------ ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SB72 6138930 BRTVA LARRY M 3330 FLORENCE AVENUE STEGER IL 60475
SB72 6147255 THOMAS CAYON L 2351 MARY INGLES HWY DOVER KY 41034
SB72 6149505 COLLINS EARL C 12204 S LOOMIS AVE CHICAGO IL 60643
SB72 6150228 SALVATORE NICHOLAS 5570 ANACONDA AVENUE MENTOR OH 44060
-----------------------------
4 Sale Total
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Originations Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----------- ------------ -------- -------- ----- -------- ----- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB72 6138930 67,100.00 67,100.00 01/18/97 11/26/16 232.64 07/05/97 84.9 12.150 627.13
SB72 6147255 52,200.00 52,200.00 08/01/97 06/22/07 119.05 08/01/97 84.8 11.725 683.54
SB72 6149505 60,000.00 59,999.85 08/01/97 06/15/12 179.05 08/29/97 80.0 13.625 723.58
SB72 6150228 32,900.00 32,900.00 08/01/97 06/09/17 239.05 08/01/97 84.1 10.875 310.86
----------------------------- ------ ------------------------------
212,200.00 212,199.85 190.54 83.4 12.265 2,345.11
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 3RD SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/30/97
Originations Zip
Sale ID Account Name Address City State Code
------- ------------ ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SBC73 800070625 CATON GARY RAY 1730 WRIGHTSTOWN RD NEWTOWN PA 18940
SBC73 800073025 BAINES CYNTHIA 2506 COLEBROOK DRIVE TEMPLE HILLS MD 20748
SBC73 800077976 SHEPARD JOHN F III 357 SPRINGHOUSE RD HARRISBURG PA 17111
SBC73 800132029 CHOI HYUN SIK 1750 NORTH ARCH STREET RD BLUE BELL PA 19422
SBC73 800164493 BUTTENSCHON DENNIS R 8 BARNES AVENUE UTICA NY 13501
SBC73 800167207 MACKALL FRANKLIN J 3080 WHISPERING DRIVE PRINCE FREDERICK MD 20678
SBC73 800170540 SCHNEIDER CHARLES J 25A ELM STREET ISLIP NY 11751
SBC73 800174971 CZIPULIS ROBERT 2498 ELKS CLUB ROAD COVINGTON GA 30209
SBC73 800175713 TAYLOR ALTON LEON 1466 FAIRMONT STREET CLEARWATER FL 34615
SBC73 800176158 BEJARANO MARY L 370 CHELSEA AVENUE WEST BABYLON NY 11704
SBC73 800179723 QIAN REN JIAN 52-42 66TH STREET MASPETH NY 11378
SBC73 800183808 CUNNINGHAM LURLINE 16 RUSSELL ST WYANDANCH NY 11798
SBC73 800184376 LITTS TARA L 2540 NORTHWEST 9TH TERRACE FORT LAUDERDALE FL 33311
SBC73 800191553 GENNITTI JOSEPH A 6681 NORTHWEST 103RD LANE PARKLAND FL 33067
SBC73 800195042 STRITTMATTER KURT J 449 LONG HILL ROAD GILLETTE NJ 07933
SBC73 800196644 DOLDE DONALD L 22 PRICE ROAD PRESTO PA 15142
SBC73 800200560 WALKER-STEPH OLIVE M.S. 1403 MORNINGSIDE DR SILVER SPRING MD 20904
SBC73 800201840 FRYE RETA S. 8087 REGENT PARK LANE CHARLOTTE NC 28210
SBC73 800202632 SPERO RICHARD 236 EDGEMERE STREET MONTAUK NY 11954
SBC73 800203069 MASSIE PATRICIA A 17790 NORTH 43RD ROAD LOXAHATCHEE FL 33470
SBC73 800207680 SCHMITT ROBERT 148 17 HOOK CREEK BLVD ROSEDALE NY 11422
SBC73 800211492 TOLEDO EDGAR 11 VIRGINIA LANE GOSHEN NY 10924
SBC73 800211781 MANN RODNEY 7 MAPLE TRAIL SHARPSBURG GA 30277
SBC73 800211922 GRACI CHARLES P 881 COURT RD FRANKLIN SQUARE NY 11010
SBC73 800213480 BUSSIERE WILLIAM 295 SOUTH MAIN ST MILLTOWN NJ 08850
SBC73 800214074 OGONOWSKI EDMUND 142 N. DECKER AVENUE BALTIMORE MD 21224
SBC73 800214744 DIXON MARY T. 1752 TAYLOR LAKE PLACE LARGO FL 33778
SBC73 800218752 FELDMAYER GREGORY 1427 ELMWOOD AVENUE SHARON HILL PA 19079
SBC73 800219057 ROBINSON STEPHEN M 290 BOWDEN JUNCTION ROAD CARROLLTON GA 30117
SBC73 800219073 DUVALL WILDA E 5939 18TH AVENUE NORTH ST PETERSBURG FL 33710
SBC73 800222325 RAISIAN RUBY L 573 LAKEVIEW AVEUNE CONNEAUT OH 44036
SBC73 800223091 FRAZIER MATTHEW WAYNE 134 N STREEPER STREET BALTIMORE MD 21224
SBC73 800225476 ANEWISHSKI SAMUEL N 8253 SE BUSH STREET PORTLAND OR 97266
SBC73 800225484 ROBERTS LEE 1 ROUTE BOX 1176 LAURENS SC 29360
SBC73 800226268 KALKMAN ROBERT RODGERS 962 REVERE DRIVE HILLSIDE NJ 07205
SBC73 800226698 BALTES ROBERT G 2396 SW FERNWOOD CIRCLE LAKE OSWEGO OR 97034
SBC73 800227423 ROSENHEIM STEVEN L. 5363 HESPERUS DRIVE COLUMBIA MD 21044
SBC73 800228447 LEE WON K 9418 VERNON DRIVE GREAT FALLS VA 22066
SBC73 800228686 TAYLOR PAUL RANDALL 309 SPRINGDALE DRIVE NE ATLANTA GA 30305
SBC73 800228975 HOUSEMAN STEPHEN D 924 OLD POLK CITY ROAD LAKELAND FL 33809
SBC73 800231235 GOODINSON DOUGLAS A 21-23 PRISCILLA AVENUE PROVIDENCE RI 02909
SBC73 800231391 HUNPADONGRAT WARIYA 1045 FRANKLIN AVE NORTH VALLEY STREAM NY 11580
SBC73 800231862 ROMMEL STEVE K 11351 NE SISKIYOU STREET PORTLAND OR 97220
SBC73 800232514 GASKELL ARTHUR R 4903 GREEN KEY ROAD NEW PORT RICHEY FL 34652
SBC73 800232977 PARKS JESSE F 4450 RIVERWOOD CIRCLE DECATUR GA 30035
SBC73 800234619 STURM JAY E. 19 BARRY DRIVE ASHLAND MA 01721
SBC73 800234684 ALTHEIM JOEL H. 8 FRANKLIN DR SMITHTOWN NY 11787
SBC73 800234833 HOEHL RONALD N 33 LEE DRIVE HIGHLAND LAKES NJ 07422
SBC73 800234940 ANGUS DAVID G 61 BOGTOWN RD NORTH SALEM NY 10560
SBC73 800235145 PUCCI CARL 52 MONUMENT AVE CHARLESTOWN MA 02129
SBC73 800235251 DURHAM JAMES P 300 GORDON AVENUE CAMPBELL OH 44405
SBC73 800235293 WHITLOCK PERCY C 16256 OAKHILL ROAD CLEVELAND HEIGHTS OH 44112
SBC73 800235442 REYES SILVESTRE O 127 SORRENTO STREET PROVIDENCE RI 02907
SBC73 800236770 WHITLOCK PERCY 1248 EAST 144TH STREET EAST CLEVELAND OH 44112
SBC73 800236796 WHITLOCK PERCY C 12710-12712 IOWA AVENUE CLEVELAND OH 44108
SBC73 800237745 THOMPSON ROY C 605 NW 117TH COURT OCALA FL 34475
SBC73 800237778 KUBIK STEPHEN M 13561 CORONADO DRIVE SPRING HILL FL 34609
SBC73 800238461 DURSO ANTHONY N 52 EDGEWATER AVENUE MASSAPEQUA NY 11758
SBC73 800238487 CUNNINGHAM ANTHONY E 3739 PARTRIDGE DRIVE MACON GA 31204
SBC73 800240731 DELLACAMERA GERALDINE A 10 BERGER STREET BRANFORD CT 06405
SBC73 800241259 GORSKI GARY M 120 SKYHIGH DRIVE BARTONSVILLE PA 18321
SBC73 800242521 DANIEL FREDERICK 121-13 107TH AVENUE RICHMOND HILL NY 11419
SBC73 800242794 UBABUKOH KINGSLEY OBI 5531 PIPER GLEN DRIVE CHARLOTTE NC 28277
SBC73 800243396 SMITH DARRYL K. 10304 BEAVER KNOLL DRIVE UPPER MARLBORO MD 20772
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Originations Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----------- ------------ -------- -------- ----- -------- ----- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC73 800070625 50,000.00 49,353.14 01/17/97 12/17/11 172.60 08/17/97 84.2 12.900 629.33
SBC73 800073025 115,000.00 114,139.82 01/16/97 12/16/11 172.57 08/16/97 80.9 13.500 1,317.22
SBC73 800077976 12,000.00 11,651.67 02/15/97 01/15/07 113.56 08/15/97 88.7 12.750 177.41
SBC73 800132029 53,000.00 52,989.66 05/15/97 04/15/12 176.52 07/15/97 83.6 13.700 615.42
SBC73 800164493 15,275.00 14,957.97 06/14/97 05/14/12 177.47 08/14/97 65.0 12.190 185.20
SBC73 800167207 38,089.00 37,779.12 05/25/97 04/25/12 176.84 08/25/97 80.9 13.950 449.80
SBC73 800170540 27,700.00 27,700.00 06/01/97 05/01/12 177.04 08/01/97 84.8 14.250 333.70
SBC73 800174971 106,400.00 106,316.59 07/11/97 06/11/27 358.39 08/11/97 80.0 10.990 1,012.47
SBC73 800175713 15,200.00 15,200.00 08/01/97 07/01/12 179.05 08/01/97 79.8 12.900 191.32
SBC73 800176158 163,200.00 163,200.00 07/03/97 06/03/12 178.13 08/03/97 85.2 13.450 1,862.89
SBC73 800179723 35,600.00 35,600.00 06/14/97 05/14/12 177.47 07/14/97 79.9 15.850 474.43
SBC73 800183808 75,000.00 75,000.00 07/13/97 06/13/12 178.45 07/13/97 71.4 10.900 708.58
SBC73 800184376 22,700.00 22,674.14 07/06/97 06/06/12 178.22 08/06/97 89.9 12.050 273.17
SBC73 800191553 37,954.00 37,954.00 07/23/97 06/23/12 178.78 08/23/97 79.0 12.250 397.72
SBC73 800195042 20,336.00 20,283.85 07/09/97 06/09/12 178.32 08/09/97 80.0 13.400 231.33
SBC73 800196644 38,392.00 38,318.02 07/18/97 06/18/12 178.62 08/18/97 79.9 13.250 492.08
SBC73 800200560 42,780.00 42,722.10 07/10/97 06/10/12 178.36 08/10/97 80.9 13.500 490.01
SBC73 800201840 34,000.00 34,000.00 08/01/97 07/01/17 239.05 08/01/97 48.5 11.700 367.28
SBC73 800202632 24,150.00 24,150.00 06/16/97 05/16/12 177.53 07/16/97 68.8 11.650 284.42
SBC73 800203069 26,500.00 26,500.00 07/11/97 06/11/12 178.39 08/11/97 79.9 13.250 339.66
SBC73 800207680 209,420.00 209,420.50 07/06/97 06/06/12 178.22 08/06/97 70.9 10.850 1,970.66
SBC73 800211492 151,300.00 151,300.00 07/03/97 06/03/12 178.13 08/03/97 84.7 13.200 1,697.36
SBC73 800211781 63,750.00 63,750.00 07/23/97 06/23/12 178.78 07/23/97 86.1 12.650 791.97
SBC73 800211922 49,600.00 49,600.00 07/16/97 06/16/12 178.55 08/16/97 89.9 11.400 576.27
SBC73 800213480 34,850.00 34,826.92 07/20/97 06/20/12 178.68 08/20/97 79.9 13.990 463.88
SBC73 800214074 42,000.00 42,000.00 07/06/97 06/06/12 178.22 08/06/97 68.8 11.500 415.92
SBC73 800214744 26,650.00 26,650.00 07/13/97 06/13/12 178.45 07/13/97 79.9 14.000 354.91
SBC73 800218752 10,000.00 9,978.98 07/23/97 06/23/07 118.78 08/23/97 78.8 14.000 155.27
SBC73 800219057 23,200.00 23,200.00 06/21/97 05/21/17 237.70 07/21/97 79.9 13.950 287.65
SBC73 800219073 22,000.00 21,927.82 07/20/97 06/20/12 178.68 08/20/97 47.8 10.550 243.87
SBC73 800222325 51,850.00 51,487.77 07/23/97 06/23/17 238.78 08/23/97 85.0 12.250 579.98
SBC73 800223091 39,900.00 39,882.01 07/10/97 06/10/12 178.36 08/10/97 70.0 11.500 395.13
SBC73 800225476 97,500.00 97,459.49 07/19/97 06/19/27 358.65 08/19/97 81.9 12.150 1,014.17
SBC73 800225484 34,700.00 34,700.00 07/04/97 06/04/17 238.16 08/04/97 70.8 16.500 495.83
SBC73 800226268 123,500.00 123,500.00 07/06/97 06/06/12 178.22 07/06/97 65.0 11.250 1,199.51
SBC73 800226698 13,800.00 13,732.36 07/27/97 06/27/07 118.92 08/27/97 40.0 9.400 177.81
SBC73 800227423 41,700.00 41,654.93 07/23/97 06/23/12 178.78 08/23/97 89.8 12.050 430.54
SBC73 800228447 36,000.00 36,000.00 07/23/97 06/23/12 178.78 07/23/97 79.9 11.500 420.55
SBC73 800228686 123,250.00 24,617.57 07/03/97 06/03/12 178.13 08/03/97 84.6 13.500 1,411.72
SBC73 800228975 40,000.00 39,899.22 07/18/97 06/18/17 238.62 08/18/97 66.6 10.150 389.99
SBC73 800231235 99,000.00 98,989.87 07/16/97 06/16/12 178.55 08/16/97 90.0 11.900 1,010.71
SBC73 800231391 60,000.00 60,000.00 07/17/97 06/17/12 178.59 07/17/97 74.5 13.750 699.07
SBC73 800231862 17,366.00 17,366.00 07/27/97 06/27/07 118.92 07/27/97 90.0 11.400 243.17
SBC73 800232514 35,600.00 35,600.00 07/17/97 06/17/17 238.59 08/17/97 80.0 12.500 404.47
SBC73 800232977 97,600.00 97,321.50 07/13/97 06/13/12 178.45 08/13/97 80.0 11.550 1,143.26
SBC73 800234619 49,800.00 49,800.00 07/24/97 06/24/12 178.82 07/24/97 88.9 11.150 479.91
SBC73 800234684 137,000.00 137,000.00 08/01/97 07/01/27 359.05 08/01/97 78.2 10.500 1,253.19
SBC73 800234833 74,000.00 74,000.00 08/01/97 07/01/12 179.05 08/01/97 46.2 10.400 813.41
SBC73 800234940 200,000.00 199,561.42 07/23/97 06/23/12 178.78 08/23/97 76.9 11.700 2,361.87
SBC73 800235145 25,000.00 24,380.75 07/25/97 06/25/12 178.85 10/25/97 69.2 10.150 270.95
SBC73 800235251 24,500.00 24,500.00 08/01/97 07/01/12 179.05 08/01/97 70.0 10.650 226.86
SBC73 800235293 79,050.00 79,050.00 07/24/97 06/24/12 178.82 07/24/97 85.0 10.050 696.64
SBC73 800235442 80,750.00 80,750.00 07/13/97 06/13/12 178.45 07/13/97 85.0 12.250 846.18
SBC73 800236770 37,100.00 37,100.00 07/24/97 06/24/12 178.82 07/24/97 70.0 9.800 394.15
SBC73 800236796 28,000.00 28,000.00 07/24/97 06/24/12 178.82 07/24/97 70.0 9.800 297.47
SBC73 800237745 64,500.00 64,500.00 08/01/97 07/01/12 179.05 08/01/97 75.0 10.050 695.09
SBC73 800237778 51,300.00 51,300.00 07/23/97 06/23/27 358.78 08/23/97 90.0 10.600 473.10
SBC73 800238461 50,000.00 50,000.00 07/27/97 06/27/12 178.92 07/27/97 30.3 11.150 481.84
SBC73 800238487 73,200.00 73,200.00 08/01/97 07/01/27 359.05 08/01/97 80.0 9.900 636.98
SBC73 800240731 25,000.00 25,000.00 07/16/97 06/16/12 178.55 08/16/97 74.4 12.450 307.32
SBC73 800241259 32,096.00 32,096.00 07/16/97 06/16/17 238.55 08/16/97 90.0 12.050 354.52
SBC73 800242521 42,000.00 41,874.34 07/23/97 06/23/12 178.78 08/23/97 84.6 10.550 465.57
SBC73 800242794 72,600.00 72,363.57 07/25/97 06/25/07 118.85 08/25/97 84.9 12.750 1,073.32
SBC73 800243396 31,000.00 31,000.00 07/23/97 06/23/17 238.78 07/23/97 82.0 12.500 352.20
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 3RD SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/30/97
Originations Zip
Sale ID Account Name Address City State Code
------- ------------ ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SBC73 800243685 HOPPER PAULA J 2205 PINEHURST STREET SARASOTA FL 34231
SBC73 800244352 TRUESCHEL MARY E 6381 MATARO COURT NORTH PORT FL 34287
SBC73 800244444 HOMEN WALTER J 510 NURSERY ST AMITY OR 97101
SBC73 800244501 BROTHERTON BENJAMIN P 5218 1/2 BROTHERTOWN LANE FLORENCE SC 29506
SBC73 800246332 TRENT SANDRA 115-36 197TH STREET ST ALBANS NY 11412
SBC73 800246522 UMMAH HAMMAD T 120-14 135TH STREET SOUTH OZONE PARK NY 11420
SBC73 800246662 GILBERT JAYME 161 GRANT DRIVE INDIANOLA PA 15051
SBC73 800247520 STALLONE JOHN 1510 SOUTH 41ST STREET TACOMA WA 98408
SBC73 800247751 REYES EDDIE 118-61 180TH STREET SAINT ALBANS NY 11434
SBC73 800248650 ROSENGART LINDA 2839 JAVIS CIRCLE PALM HARBOR FL 34683
SBC73 800249278 ARNOLD BRADLEY L 615 N EIGHTH STREET LEBANON PA 17046
SBC73 800255374 WILLOUGHBY JANICE C 3102 TRELLIS LANE ABINGDON MD 21009
SBC73 800255853 KRASKA DAVID J 5016 WEST LIBRARY AVENUE BETHEL PARK PA 15102
SBC73 800258170 DEANGELO LINDA 414 NORTH DUNCAN AVENUE CLEARWATER FL 34615
--------------------------------------
78 Sale Total
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Originations Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----------- ------------ -------- -------- ----- -------- ----- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC73 800243685 29,500.00 29,269.09 07/25/97 06/25/12 178.85 08/25/97 88.3 11.800 350.26
SBC73 800244352 10,000.00 10,000.00 08/01/97 07/01/07 119.05 08/01/97 85.8 10.950 137.47
SBC73 800244444 74,700.00 74,700.00 07/25/97 06/25/27 358.85 07/25/97 85.8 12.150 777.01
SBC73 800244501 47,200.00 47,200.00 08/01/97 07/01/12 179.05 08/01/97 80.0 13.250 604.98
SBC73 800246332 48,000.00 48,000.00 07/27/97 06/27/27 358.92 07/27/97 38.4 9.650 408.87
SBC73 800246522 68,000.00 68,000.00 08/01/97 07/01/12 179.05 08/01/97 50.3 10.150 736.98
SBC73 800246662 19,695.00 19,695.00 07/25/97 06/25/12 178.85 07/25/97 65.0 11.100 225.09
SBC73 800247520 54,000.00 53,933.76 07/24/97 06/24/12 178.82 08/24/97 90.0 10.650 601.95
SBC73 800247751 50,400.00 50,400.00 08/01/97 07/01/12 179.05 08/01/97 89.9 11.800 598.41
SBC73 800248650 94,000.00 94,000.00 08/01/97 07/01/12 179.05 08/01/97 53.4 10.000 824.92
SBC73 800249278 31,000.00 30,868.73 07/20/97 06/20/12 178.68 08/20/97 61.3 8.850 311.66
SBC73 800255374 14,745.00 14,745.00 08/01/97 07/01/07 119.05 08/01/97 85.7 12.400 214.97
SBC73 800255853 16,400.00 16,400.00 08/01/97 07/01/07 119.05 08/01/97 88.2 11.150 227.30
SBC73 800258170 10,000.00 10,000.00 07/27/97 06/27/12 178.92 07/27/97 90.0 11.150 114.60
-------------------------- ------ -------------------------
4,242,348.00 4,138,042.68 205.56 76.7 11.808 46,422.15
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Company
A division of Superior Bank FSB
SALE SCHEDULE
1997-2 CLASS 1 - 3RD SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 7/30/97
Originations Zip
Sale ID Account Name Address City State Code
------- ------------ ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SBCL20 6144836 ESTRELLA JOSE 209 WILSON AVENUE BROOKLYN NY 11237
SBCL20 6146720 ASHKAR CHILDRENS 32 PADANARAM ROAD DANBURY CT 06811
SBCL20 6146805 ANTHONY J DE LANGO REAL T ROUTE 22 BOX 40 PAWLING NY 12564
SBCL20 6147450 KOVAL RICHARD M 145-149 MAIN STREET SEYMOUR CT 06483
------------------------------
4 Sale Total
169 Total with Superior
169 Grand Total
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Originations Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Sale ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
------- ------------ ----------- ------------ -------- -------- ----- -------- ----- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBCL20 6144836 129,500.00 129,328.34 05/01/97 04/01/22 296.05 08/01/97 70.0 13.100 1,470.31
SBCL20 6146720 201,500.00 201,500.00 07/01/97 06/01/17 238.06 07/01/97 65.0 12.350 2,268.05
SBCL20 6146805 210,000.00 209,907.39 07/01/97 06/01/22 298.06 08/01/97 63.8 13.050 2,376.36
SBCL20 6147450 210,000.00 209,953.06 08/01/97 07/01/27 359.05 09/01/97 65.6 13.100 2,339.44
----------------------------- ------ -------------------------------
751,000.OO 750,688.79 298.67 65.7 12.885 8,454.16
8,789,277.00 8,571,369.12 210.06 76.9 12.101 97,384.00
8,789,277.00 8,571,369.12 210.06 76.9 12.101 97,384.00
</TABLE>
<PAGE>
<TABLE>
Page 1
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE A
1997-2 CLASS 2 -- 3RD SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/30/97
<CAPTION>
Origination Zip
Sale ID Account Name Address City State Code
- ------- ------- ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SB563 6108181 BRETT ERROL 220-04 43RD AVENUE BAYSIDE NY 11361
SB563 6129828 FISHER TODD JOSEPH 136 ALLEN LANSING MI 48912
SB563 6142494 FREEBAIRN GREG 11943 SOUTH IBIS WAY DRAPER UT 84020
SB563 6146283 NIELSON GARY C 5350 WEST 4100 SOUTH WEST VALLEY CITY UT 84120
SB563 6146615 MICHELS WILLIAM P. 46 MYRA AVENUE PONTIAC MI 48341
SB563 6147551 MORTENSEN BRIAN 1421 GLEN EAGLES DRIVE SYRACUSE UT 84075
SB563 6147578 HUNTER RICHARD A 7424 WEST HATCHER ROAD PEORIA AZ 85345
SB563 6147727 MAREK ARTHUR G 409 NE CLEVELAND AVENUE GRESHAM OR 97030
SB563 6147987 THOMPSON NIELS A 4211 N GRACELAND INDIANAPOLIS IN 46268
SB563 6148760 KAHN MICHAEL 7269 HUNTCLIFF WEST BLOOMFIELD MI 48322
SB563 6148832 LEE JOANN 1108 ELLIS ROAD YPSILANTI MI 48197
SB563 6149053 FOSTER MADELINE M 737 EAST PLATTE AVENUE COLORADO SPRINGS CO 80903
SB563 6149267 CAMPBELL STEPHEN J 2960 LONGTHONG DRIVE #306 STEAMBOAT SPRINGS CO 80477
SB563 6149853 WILLIAMS DETINA 1439 ENVEE DRIVE BOLINGBROOK IL 60440
SB563 6149928 NIKOLAOU DESPINA 539 LAWLER ADDISON IL 60101
SB563 6150013 COLLINS RICHARD 6803 WELLESLEY CLARKSTON MI 48346
SB563 6150149 HALL MARLINE 15887 BELDEN DETROIT MI 48238
SB563 6150254 HUTAN ADRIAN 9 AMHERST LANE DEARBORN MI 48126
SB563 6150380 JAMES SHARMON S 719 FEATHER SOUND DRIVE BOLINGBROOK IL 60440
SB563 6150508 MUHLENFELD DIANE M 1445 KATHLEEN WAY ELK GROVE VILLAGE IL 60007
SB563 6151145 MAYFIELD RICHARD W 23707 NORTH 113TH WAY SCOTTSDALE AZ 85255
SB563 6151244 DOWNIE ARLA M 9921 36TH STREET NORTHWEST GIG HARBOR WA 98335
SB563 6151376 LANEY DANIEL A JR 1501 SUMMIT LAKE SHORE ROA OLYMPIA WA 98502
SB563 6151502 MAY SIDNEY F 29 WEST 620 SUNSET RIDGE D BARTLETT IL 60103
------------------------------
24 Sale Total
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Origination Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------- ------- ----------- ------- ---- ---- ---- ---- ---- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SB563 6108181 172,250.00 171,107.67 05/01/96 04/01/26 9.250 9.250 15.250 6.000
SB563 6129828 32,000.00 31,931.24 01/01/97 12/01/26 11.625 11.625 17.625 8.500
SB563 6142494 131,840.00 131,673.64 04/01/97 03/01/27 11.625 11.625 17.625 8.250
SB563 6146283 102,400.00 102,369.87 06/01/97 05/01/27 11.875 10.875 17.875 7.000
SB563 6146615 48,000.00 47,952.39 06/01/97 05/01/27 9.500 8.500 15.500 5.500
SB563 6147551 139,920.00 139,758.41 06/01/97 05/01/27 8.750 7.750 14.750 4.000
SB563 6147578 80,100.00 80,057.37 07/01/97 06/01/27 9.125 9.125 15.125 5.500
SB563 6147727 74,400.00 74,384.81 07/01/97 06/01/27 13.500 12.500 19.500 8.500
SB563 6147987 42,000.00 41,932.43 06/01/97 05/01/27 9.125 8.125 15.125 3.750
SB563 6148760 139,500.00 139,399.04 07/01/97 06/01/27 7.625 7.625 13.625 3.750
SB563 6148832 128,800.00 128,800.00 08/01/97 07/01/27 12.500 11.500 18.500 8.500
SB563 6149053 96,600.00 96,554.94 07/01/97 06/01/27 9.750 8.750 15.750 5.250
SB563 6149267 116,400.00 116,400.00 08/01/97 07/01/27 9.625 8.625 15.625 5.000
SB563 6149853 168,300.00 168,300.00 08/01/97 07/01/27 10.125 10.125 16.125 6.250
SB563 6149928 157,500.00 157,500.00 08/01/97 07/01/27 9.500 9.500 15.500 5.550
SB563 6150013 172,500.00 172,500.00 08/01/97 07/01/27 10.750 9.750 16.750 5.750
SB563 6150149 17,600.00 17,595.86 08/01/97 07/01/27 12.875 11.875 18.875 7.500
SB563 6150254 110,400.00 110,235.79 07/01/97 06/01/27 9.500 8.500 15.500 6.250
SB563 6150380 204,800.00 204,800.00 08/01/97 07/01/27 10.125 10.125 16.125 6.250
SB563 6150508 152,100.00 152,100.00 08/01/97 07/01/27 10.000 10.000 16.000 6.000
SB563 6151145 330,000.00 330,000.00 08/01/97 07/01/27 7.625 7.625 13.625 4.000
SB563 6151244 183,600.00 183,600.00 08/01/97 07/01/27 10.250 9.250 16.250 5.750
SB563 6151376 155,000.00 155,000.00 08/01/97 07/01/27 8.625 7.625 14.625 3.750
SB563 6151502 260,000.00 260,000.00 08/01/97 07/01/27 11.000 11.000 17.000 7.000
------- ------------------------------ ----------------------------------------
24 3,216,010.00 3,213,953.46 9.878 9.447 15.878 5.777
</TABLE>
<PAGE>
<TABLE>
Page 2
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE A
1997-2 CLASS 2 -- 3RD SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/30/97
<CAPTION>
Origination Zip
Sale ID Account Name Address City State Code
- ------- ------- ---- ------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C>
SBC564 800056327 KAUFMANN JOSEPH A 102 HAMPTON COURT GOOSE CREEK SC 29445
SBC564 800059693 MAXWELL STEPHEN MONROE 322 SOUTH CLEVELAND STREET ARLINGTON VA 22204
SBC564 800132722 BRADY JAMES A 225 KENNEDY STREET ISELIN NJ 08830
SBC564 800141335 POPE SABRINA 15 CHEVY CHASE AMITYVILLE NY 11701
SBC564 800153173 MATTHEWS ANGELA 112 SOUTH COLLINGTON AVENU BALTIMORE MD 21231
SBC564 800159238 KAZA DEBRA ANN 100 SPRUCE STREET PUNXSUTAWNEY PA 15767
SBC564 800165508 NEWTON WILLIAM J 211-13 LINCOLN AVENUE JERSEY SHORE PA 17740
SBC564 800168460 LARACUENTE JULIO 2656 EAST 23 STREET BROOKLYN NY 11235
SBC564 800183725 HOLMES JAMES R 9 KENTSDALE DRIVE TRENTON NJ 08638
SBC564 800186181 LANE JEFFREY M 62 NORTH TURN LANE LEVITTOWN PA 19054
SBC564 800188179 BURROUGHS GORDON C 10 MORNINGSIDE PLACE PORT MONMOUTH NJ 07758
SBC564 800191215 LAMBROPOULOS AFRODITE 8315 10TH AVENUE BROOKLYN NY 11228
SBC564 800191397 RODRIGUEZ ISMAEL 1245 BARRY DRIVE SOUTH NORTH VALLEY STREAM NY 11580
SBC564 800192288 TONELLA EDMOND A 11 WILDERNESS DRIVE MEDFORD NJ 08055
SBC564 800193898 REED SANDY C 524 WEST WILKESBARRE STREE EASTON PA 18042
SBC564 800193914 ANDERSON HARVEY 268 KOSCIUSKO STREET BROOKLYN NY 11221
SBC564 800194581 FERRACO JOHN P 33 ALBERTA AVENUE STATEN ISLAND NY 10314
SBC564 800196685 MILLER SEAN 211 MONROE STREET EASTON PA 18042
SBC564 800202541 WALSH KENNETH 1148 JOSELSON AVE BAYSHORE NY 11706
SBC564 800202988 MILLER REGINA 255 PARK AVENUE ORANGE NJ 07018
SBC564 800209173 LAVRIK VALERY 181 COLERIDGE STREET BROOKLYN NY 11235
SBC564 800223158 GAMMAL ELLIE 171 BRANTON AVENUE LONG BRANCH NJ 07740
SBC564 800224081 MAY JASON K 222 EAST MINEOLA STREET GIBSONVILLE NC 27249
SBC564 800225443 COLLINS WAYNE DAVID 6050 NW 101 TERRACE PARKLAND FL 33076
SBC564 800227035 CILANO JOSEPH 1200 RIVER ROAD EDGEWATER NJ 07026
SBC564 800229015 KOROLIK RAN E 137 TENNIS CT WALL NJ 07719
SBC564 800229379 POWELL SCOTT M 504 HAWK VIEW DRIVE DAUPHIN PA 17036
SBC564 800230625 ROZENCWAIG ROBERT 514 SOUTH ST HIGHLAND NY 12528
SBC564 800234841 BRUNI RONALD L 857 DEAN DRIVE BALDWIN NY 11510
SBC564 800238057 LYNCH RICHARD M. 26 UNQUA PLACE AMITYVILLE NY 11701
------------------------------------
30 Sale Total
54 Total with Superior
54 Grand Total
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Origination Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Sale ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------- ------- ----------- ------- ---- ---- ---- ---- ---- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC564 800056327 76,500.00 76,336.83 02/01/97 01/01/27 10.250 9.250 16.250 5.750
SBC564 800059693 100,000.00 99,781.12 02/01/97 01/01/27 11.000 10.000 17.000 6.000
SBC564 800132722 147,000.00 147,000.00 07/01/97 06/01/27 12.375 12.375 18.375 8.500
SBC564 800141335 56,000.00 55,948.69 05/01/97 04/01/27 11.750 10.750 17.750 7.000
SBC564 800153173 48,900.00 48,855.17 05/01/97 04/01/27 11.750 10.750 17.750 7.000
SBC564 800159238 24,650.00 24,614.29 05/01/97 04/01/27 9.625 9.625 15.625 7.250
SBC564 800165508 40,000.00 39,986.67 07/01/97 06/01/27 11.000 10.000 17.000 6.250
SBC564 800168460 170,000.00 170,000.00 07/01/97 06/01/27 10.500 9.500 16.500 6.000
SBC564 800183725 220,000.00 219,897.36 07/01/97 06/01/27 9.750 8.750 15.750 5.500
SBC564 800186181 70,000.00 69,967.34 07/01/97 06/01/27 9.750 8.750 15.750 6.250
SBC564 800188179 119,850.00 119,850.00 08/01/97 07/01/27 12.000 11.000 18.000 7.500
SBC564 800191215 200,000.00 199,920.52 07/01/97 06/01/27 10.500 9.500 16.500 6.000
SBC564 800191397 175,500.00 175,500.00 08/01/97 07/01/27 10.375 10.375 16.375 6.750
SBC564 800192288 253,300.00 253,132.79 06/01/97 05/01/27 11.375 11.375 17.375 7.500
SBC564 800193898 66,400.00 66,400.00 08/01/97 07/01/27 12.125 11.125 18.125 8.250
SBC564 800193914 127,200.00 127,172.52 06/01/97 05/01/27 13.250 12.250 19.250 8.500
SBC564 800194581 127,500.00 127,500.00 08/01/97 07/01/27 10.375 10.375 16.375 6.250
SBC564 800196685 28,000.00 28,000.00 08/01/97 07/01/27 11.875 11.875 17.875 8.250
SBC564 800202541 100,000.00 99,970.58 07/01/97 06/01/27 11.875 11.875 17.875 8.250
SBC564 800202988 112,500.00 112,500.00 08/01/97 07/01/27 10.500 9.500 16.500 5.750
SBC564 800209173 665,000.00 665,000.00 08/01/97 07/01/27 9.750 8.750 15.750 5.250
SBC564 800223158 110,000.00 109,940.15 06/01/97 05/01/27 12.250 11.250 18.250 7.500
SBC564 800224081 104,000.00 103,951.48 07/01/97 06/01/27 9.750 8.750 15.750 5.250
SBC564 800225443 242,250.00 242,250.00 08/01/97 07/01/27 11.250 10.250 17.250 6.500
SBC564 800227035 219,300.00 219,300.00 08/01/97 07/01/27 11.125 11.125 17.125 7.000
SBC564 800229015 151,940.00 151,940.00 08/01/97 07/01/27 9.625 9.625 15.625 6.000
SBC564 800229379 119,068.00 119,068.00 08/01/97 07/01/27 10.000 9.000 16.000 5.500
SBC564 800230625 135,000.00 135,000.00 08/01/97 07/01/27 9.625 8.625 15.625 5.750
SBC564 800234841 136,000.00 136,000.00 08/01/97 07/01/27 11.625 11.625 17.625 8.250
SBC564 800238057 249,700.00 249,700.00 08/01/97 07/01/27 10.375 10.375 16.375 6.500
--------- ------------------------------ ----------------------------------------
30 4,395,558.00 4,394,483.51 10.719 10.086 16.719 6.482
54 7,611,568.00 7,608,436.97 10.364 9.816 16.364 6.184
54 7,611,568.00 7,608,436.97 10.364 9.816 16.364 6.184
</TABLE>
<PAGE>
<TABLE>
Page 1
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE B
1997-2 CLASS 2 -- 3RD SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/30/97
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Origination Balance at Mortgaged Payment Principal LTV
Sale ID Account Name Origination Property Int & Prin Balance Ratio
- ------- ------- ---- ----------- -------- ---------- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
SB563 6108181 BRETT ERROL 172,250.00 1 1,670.30 171,107.67 65.0
SB563 6129828 FISHER TODD JOSEPH 32,000.00 1 344.51 31,931.24 80.0
SB563 6142494 FREEBAIRN GREG 131,840.00 1 1,318.19 131,673.64 77.5
SB563 6146283 NIELSON GARY C 102,400.00 1 1,043.46 102,369.87 80.0
SB563 6146615 MICHELS WILLIAM P. 48,000.00 1 403.61 47,952.39 80.0
SB563 6147551 MORTENSEN BRIAN 139,920.00 1 1,100.75 139,758.41 80.0
SB563 6147578 HUNTER RICHARD A 80,100.00 1 651.73 80,057.37 90.0
SB563 6147727 MAREK ARTHUR G 74,400.00 1 852.19 74,384.81 80.0
SB563 6147987 THOMPSON NIELS A 42,000.00 3 341.73 41,932.43 70.0
SB563 6148760 KAHN MICHAEL 139,500.00 1 987.37 139,399.04 73.4
SB563 6148832 LEE JOANN 128,800.00 1 1,374.63 128,800.00 80.0
SB563 6149053 FOSTER MADELINE M 96,600.00 1 829.94 96,554.94 70.0
SB563 6149267 CAMPBELL STEPHEN J 116,400.00 8 989.39 116,400.00 60.0
SB563 6149853 WILLIAMS DETINA 168,300.00 1 1,492.52 168,300.00 84.1
SB563 6149928 NIKOLAOU DESPINA 157,500.00 1 1,324.35 157,500.00 75.0
SB563 6150013 COLLINS RICHARD 172,500.00 1 1,610.26 172,500.00 75.0
SB563 6150149 HALL MARLINE 17,600.00 1 192.97 17,595.86 80.0
SB563 6150254 HUTAN ADRIAN 110,400.00 1 928.31 110,235.79 80.0
SB563 6150380 JAMES SHARMON S 204,800.00 1 1,816.21 204,800.00 84.9
SB563 6150508 MUHLENFELD DIANE M 152,100.00 1 1,334.79 152,100.00 80.6
SB563 6151145 MAYFIELD RICHARD W 330,000.00 8 2,335.73 330,000.00 66.1
SB563 6151244 DOWNIE ARLA M 183,600.00 1 1,645.24 183,600.00 89.7
SB563 6151376 LANEY DANIEL A JR 155,000.00 1 1,205.57 155,000.00 80.5
SB563 6151502 MAY SIDNEY F 260,000.00 1 2,476.04 260,000.00 80.0
----------------------------------------------------------- --------------------------------------
24 Sale Total 3,216,010.00 28,269.79 3,213,953.46 77.1
<CAPTION>
Next Current Property
Origination Adjustment Mortgage Value at Owner
Sale ID Account Name Date Rate Origination Occupied
- ------- ------- ---- ---- ---- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
SB563 6108181 BRETT ERROL 10/01/97 11.250 265,000.00 Y
SB563 6129828 FISHER TODD JOSEPH 12/01/97 12.625 40,000.00 Y
SB563 6142494 FREEBAIRN GREG 09/01/97 11.625 170,000.00 Y
SB563 6146283 NIELSON GARY C 05/01/99 11.875 128,000.00 Y
SB563 6146615 MICHELS WILLIAM P. 05/01/99 9.500 60,000.00 Y
SB563 6147551 MORTENSEN BRIAN 05/01/99 8.750 174,900.00 Y
SB563 6147578 HUNTER RICHARD A 12/01/97 9.125 89,000.00 Y
SB563 6147727 MAREK ARTHUR G 06/01/99 13.500 93,000.00 Y
SB563 6147987 THOMPSON NIELS A 05/01/99 9.125 60,000.00 N
SB563 6148760 KAHN MICHAEL 12/01/97 7.625 190,000.00 Y
SB563 6148832 LEE JOANN 07/01/99 12.500 161,000.00 Y
SB563 6149053 FOSTER MADELINE M 06/01/99 9.750 138,000.00 N
SB563 6149267 CAMPBELL STEPHEN J 07/01/99 9.625 194,000.00 N
SB563 6149853 WILLIAMS DETINA 01/01/98 10.125 200,000.00 Y
SB563 6149928 NIKOLAOU DESPINA 01/01/98 9.500 210,000.00 Y
SB563 6150013 COLLINS RICHARD 07/01/99 10.750 230,000.00 Y
SB563 6150149 HALL MARLINE 07/01/99 12.875 22,000.00 Y
SB563 6150254 HUTAN ADRIAN 06/01/99 9.500 138,000.00 Y
SB563 6150380 JAMES SHARMON S 01/01/98 10.125 241,000.00 Y
SB563 6150508 MUHLENFELD DIANE M 01/01/98 10.000 188,500.00 Y
SB563 6151145 MAYFIELD RICHARD W 01/01/98 7.625 499,000.00 Y
SB563 6151244 DOWNIE ARLA M 07/01/99 10.250 204,500.00 Y
SB563 6151376 LANEY DANIEL A JR 07/01/99 8.625 192,500.00 Y
SB563 6151502 MAY SIDNEY F 01/01/98 11.000 325,000.00 Y
----------------------------------- -------------------------
24 Sale Total 9.995 4,213,400.00
</TABLE>
<PAGE>
<TABLE>
Page 2
ALLIANCE FUNDING COMPANY
A division of Superior Bank FSB
SALE SCHEDULE B
1997-2 CLASS 2 -- 3RD SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 7/30/97
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Origination Balance at Mortgaged Payment Principal LTV
Sale ID Account Name Origination Property Int & Prin Balance Ratio
- ------- ------- ---- ----------- -------- ---------- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
SBC564 800056327 KAUFMANN JOSEPH A 76,500.00 1 685.52 76,336.83 90.0
SBC564 800059693 MAXWELL STEPHEN MONROE 100,000.00 1 952.32 99,781.12 58.8
SBC564 800132722 BRADY JAMES A 147,000.00 1 1,554.62 147,000.00 79.8
SBC564 800141335 POPE SABRINA 56,000.00 1 565.27 55,948.69 70.0
SBC564 800153173 MATTHEWS ANGELA 48,900.00 4 493.61 48,855.17 60.0
SBC564 800159238 KAZA DEBRA ANN 24,650.00 1 209.52 24,614.29 85.0
SBC564 800165508 NEWTON WILLIAM J 40,000.00 3 380.93 39,986.67 80.9
SBC564 800168460 LARACUENTE JULIO 170,000.00 1 1,555.06 170,000.00 77.2
SBC564 800183725 HOLMES JAMES R 220,000.00 1 1,890.14 219,897.36 84.9
SBC564 800186181 LANE JEFFREY M 70,000.00 1 601.41 69,967.34 70.0
SBC564 800188179 BURROUGHS GORDON C 119,850.00 1 1,232.79 119,850.00 85.0
SBC564 800191215 LAMBROPOULOS AFRODITE 200,000.00 1 1,829.48 199,920.52 80.0
SBC564 800191397 RODRIGUEZ ISMAEL 175,500.00 1 1,588.99 175,500.00 90.0
SBC564 800192288 TONELLA EDMOND A 253,300.00 1 2,484.28 253,132.79 79.1
SBC564 800193898 REED SANDY C 66,400.00 3 689.39 66,400.00 80.0
SBC564 800193914 ANDERSON HARVEY 127,200.00 3 1,431.98 127,172.52 79.5
SBC564 800194581 FERRACO JOHN P 127,500.00 1 1,154.39 127,500.00 82.2
SBC564 800196685 MILLER SEAN 28,000.00 1 285.32 28,000.00 79.9
SBC564 800202541 WALSH KENNETH 100,000.00 1 1,019.00 99,970.58 80.0
SBC564 800202988 MILLER REGINA 112,500.00 3 1,029.08 112,500.00 90.0
SBC564 800209173 LAVRIK VALERY 665,000.00 1 5,713.38 665,000.00 70.0
SBC564 800223158 GAMMAL ELLIE 110,000.00 1 1,152.69 109,940.15 62.1
SBC564 800224081 MAY JASON K 104,000.00 1 893.52 103,951.48 79.3
SBC564 800225443 COLLINS WAYNE DAVID 242,250.00 1 2,352.88 242,250.00 85.0
SBC564 800227035 CILANO JOSEPH 219,300.00 1 2,109.18 219,300.00 85.0
SBC564 800229015 KOROLIK RAN E 151,940.00 1 1,291.47 151,940.00 79.9
SBC564 800229379 POWELL SCOTT M 119,068.00 1 1,044.91 119,068.00 80.0
SBC564 800230625 ROZENCWAIG ROBERT 135,000.00 1 1,147.49 135,000.00 90.0
SBC564 800234841 BRUNI RONALD L 136,000.00 1 1,359.78 136,000.00 80.0
SBC564 800238057 LYNCH RICHARD M. 249,700.00 1 2,260.80 249,700.00 84.6
------------------------------------------------------------- --------------------------------------
30 Sale Total 4,395,558.00 40,959.20 4,394,483.51 79.3
54 Total with Superior 7,611,568.00 69,228.99 7,608,436.97 78.3
54 Grand Total 7,611,568.00 69,228.99 7,608,436.97 78.3
<CAPTION>
Next Current Property
Origination Adjustment Mortgage Value at Owner
Sale ID Account Name Date Rate Origination Occupied
- ------- ------- ---- ---- ---- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
SBC564 800056327 KAUFMANN JOSEPH A 01/01/99 10.250 85,000.00 Y
SBC564 800059693 MAXWELL STEPHEN MONROE 01/01/99 11.000 170,000.00 Y
SBC564 800132722 BRADY JAMES A 12/01/97 12.375 184,000.00 Y
SBC564 800141335 POPE SABRINA 04/01/99 11.750 80,000.00 Y
SBC564 800153173 MATTHEWS ANGELA 04/01/99 11.750 81,500.00 N
SBC564 800159238 KAZA DEBRA ANN 10/01/97 9.625 29,000.00 Y
SBC564 800165508 NEWTON WILLIAM J 06/01/99 11.000 49,400.00 Y
SBC564 800168460 LARACUENTE JULIO 06/01/99 10.500 220,000.00 Y
SBC564 800183725 HOLMES JAMES R 06/01/99 9.750 259,000.00 Y
SBC564 800186181 LANE JEFFREY M 06/01/99 9.750 100,000.00 Y
SBC564 800188179 BURROUGHS GORDON C 07/01/99 12.000 141,000.00 Y
SBC564 800191215 LAMBROPOULOS AFRODITE 06/01/99 10.500 250,000.00 Y
SBC564 800191397 RODRIGUEZ ISMAEL 01/01/98 10.375 195,000.00 Y
SBC564 800192288 TONELLA EDMOND A 11/01/97 11.375 320,000.00 Y
SBC564 800193898 REED SANDY C 07/01/99 12.125 83,000.00 Y
SBC564 800193914 ANDERSON HARVEY 05/01/99 13.250 160,000.00 Y
SBC564 800194581 FERRACO JOHN P 01/01/98 10.375 155,000.00 Y
SBC564 800196685 MILLER SEAN 01/01/98 11.875 35,021.00 Y
SBC564 800202541 WALSH KENNETH 12/01/97 11.875 125,000.00 Y
SBC564 800202988 MILLER REGINA 07/01/99 10.500 125,000.00 Y
SBC564 800209173 LAVRIK VALERY 07/01/99 9.750 950,000.00 Y
SBC564 800223158 GAMMAL ELLIE 05/01/99 12.250 177,000.00 Y
SBC564 800224081 MAY JASON K 06/01/99 9.750 131,000.00 Y
SBC564 800225443 COLLINS WAYNE DAVID 07/01/99 11.250 285,000.00 Y
SBC564 800227035 CILANO JOSEPH 01/01/98 11.125 258,000.00 Y
SBC564 800229015 KOROLIK RAN E 01/01/98 9.625 189,940.00 Y
SBC564 800229379 POWELL SCOTT M 07/01/99 10.000 148,835.00 Y
SBC564 800230625 ROZENCWAIG ROBERT 07/01/99 9.625 150,000.00 Y
SBC564 800234841 BRUNI RONALD L 01/01/98 11.625 170,000.00 Y
SBC564 800238057 LYNCH RICHARD M. 01/01/98 10.375 295,000.00 Y
--------------------------------------- -------------------------
30 Sale Total 10.719 5,601,696.00
54 Total with Superior 10.413 9,815,096.00
54 Grand Total 10.413 9,815,096.00
</TABLE>
