================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 17, 1997
SUPERIOR BANK FSB (as depositor under the Pooling and Servicing Agreement, dated
as of September 1, 1997, providing for the issuance of AFC Mortgage Loan Asset
Backed Certificates, Series 1997-3)
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
--------------
================================================================================
<PAGE>
-2-
Item 2. Acquisition or Disposition of Assets
------------------------------------
Description of the Certificates, Sub-Pool 1 and Sub-Pool 2
On September 25, 1997, a single series of certificates, entitled AFC
Mortgage Loan Asset Backed Certificates, Series 1997-3 (the "Certificates") were
issued pursuant to a pooling and servicing agreement (the "Agreement"), dated as
of September 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 September 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 $16,722,285.65 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $23,051,842.54
with respect to Sub-Pool 2 with funds on deposit in the Sub-Pool 2 Pre-Funding
Account, both established pursuant to the Agreement at a purchase price equal to
the principal balance thereof, which Subsequent Mortgage Loans were conveyed to
the Trustee pursuant to a Subsequent Transfer Instrument, dated September 30,
1997, between the Depositor and the Trustee.
On October 17, 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 $27,408,515.20 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $34,389,810.72
with respect to Sub-Pool 2, with funds on deposit in the Sub-Pool 2 Pre-Funding
Account, both established pursuant to the Agreement at a purchase price equal to
the principal balance thereof, which Subsequent Mortgage Loans were conveyed to
the Trustee pursuant to a Subsequent Transfer Instrument, dated October 17,
1997, between the Depositor and the Trustee (the "October 17 Instrument").
Attached to the October 17 Instrument is the Mortgage Loan Schedules with
respect to Sub-Pool 1 and Sub-Pool 2 listing the related Subsequent Mortgage
Loans that are the subject of such October 17 Instrument.
On October 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 $2,282,246.39 with respect to Sub-Pool 1
with funds on deposit in the Sub-Pool 1 Pre-Funding Account, and $12,177,263.33
with respect to Sub-Pool 2 with funds on deposit in the Sub-Pool 2 Pre-Funding
Account, both established pursuant to the Agreement at a purchase price equal to
the principal balance thereof, which Subsequent Mortgage Loans were conveyed to
the Trustee pursuant to a Subsequent Transfer Instrument, dated October 30,
1997, between the Depositor and the Trustee (the "October 30 Instrument").
Attached to the October 30 Instrument is the Mortgage Loan Schedules with
respect to Sub-Pool 1 and Sub-Pool 2 listing the related Subsequent Mortgage
Loans that are the subject of such October 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 October 17, 1997, between
Superior Bank FSB as Depositor and LaSalle National Bank as Trustee.
4.4 Subsequent Transfer Instrument, dated October 30, 1997, between
Superior Bank FSB as Depositor and LaSalle National Bank as Trustee.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
SUPERIOR BANK FSB
By: /s/ WILLIAM C. BRACKEN
-----------------------------
Name: William C. Bracken
Title: Senior Vice President
and Chief Financial Officer
Dated: October 17, 1997
<PAGE>
EXHIBITS TABLE
4.3 Subsequent Transfer Instrument, dated October 17, 1997, between
Superior Bank FSB as Depositor and LaSalle National Bank as Trustee.
4.4 Subsequent Transfer Instrument, dated October 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
October 17, 1997, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1997-3, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of September 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 Schedule of Mortgage Loans 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 1997-3
By: LASALLE NATIONAL BANK,
as Trustee
By: /s/ ERIC A. LINDAHL
--------------------------------------
Name: Eric A. Lindahl
Title: Trust Officer
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 1997-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER TWO FOR SUB-POOL 1
Series 1997-3
October 17, 1997
A.
1. Subsequent Cut-off Date: October 16, 1997
2. Pricing Date:
3. Subsequent Transfer Date: October 17, 1997
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent
Cut-off Date: $27,408,515.20
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject of this Instrument:
1. Shortest original term to maturity: 60 months
2. Longest original term to maturity: 360 months
3. Lowest Mortgage Rate: 8.55%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $520,000.00
[As to the final transfer of Subsequent Mortgage Loans:]
6. Weighted Average Term since Origination: _____ months
7. January 998 first payment date: _____%
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: _____%
18. Manufactured Housing: _____%
19. Periodic Payment Loans: _____%
4
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1997-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER TWO FOR SUB-POOL 2
Series 1997-3
October 17, 1997
A.
1. Subsequent Cut-off Date: October 16, 1997
2. Pricing Date:
3. Subsequent Transfer Date: October 17, 1997
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $34,389,810.72
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. Minimum Gross Margin: 3.00%
4. Maximum Mortgage Rate: 19.50%
5. Greatest Combined Loan-to-Value Ratio: 90.00%
6. Largest Principal Balance $500,000.00
[As to the final transfer of Subsequent Mortgage Loans:]
7. Weighted Average Term since Origination: ____ months
8. January 1998 first payment date: _____%
9. WAC of all Mortgage Loans: _____%
10. Weighted Average Gross Margin: _____%
11. WAM of all Mortgage Loans: _____ months
12. Maximum Weighted average CLTV: _____%
13. Largest Principal Balance: $_____
14. Non-owner occupied Mortgaged Properties: _____%
15. Maximum zip code concentration: _____%
16. Condominiums: _____%
17. Single-family: _____%
18. Multifamily and Mixed Use Properties: _____%
19. Manufactured Housing: _____%
5
<PAGE>
SCHEDULE OF MORTGAGE LOANS
6
<PAGE>
<TABLE>
Page 1 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
41 SB87 661516641 WELLWERTS ANTHONY J 1121 HOBART AVENUE DOWNERS GROVE IL 60516
41 SB87 661518332 CARDIFF PATRICIA A 7980 SW 184TH AVENUE ALOHA OR 97007
41 SB87 661518357 VILLAREALE CHRISTOPHE A 2010 LORO COURT LAS VEGAS NV 89117
41 SB87 661518704 MCLAUGHLIN ARDYTH A 85768 PARKWAY ROAD PLEASANT HILL OR 97455
41 SB87 661519785 TAYLOR JAMES R 4000 42ND SOUTHWEST SEATTLE WA 98116
41 SB87 661520676 WARREN VIVIAN L 490 SOUTH 100 EAST PIMA AZ 85543
41 SB87 661520825 HUTCHINSON THOMAS J 728 EAST 1250 SOUTH KAYSVILLE UT 84037
41 SB87 661521849 RITA EDWARD T 3836 EAST LUDLOW DRIVE PHOENIX AZ 85032
41 SB87 661522193 BAKI LOUIS W 5049 MANCHESTER CIRCLE NORTH RIDGEVILLE OH 44039
41 SB87 661522706 HIDALGO MARK C 18 SOUTH DEER TRAIL FOREST LAKES AZ 85931
41 SB87 661529925 TERRA JUDITH A 1334 HALF MOON ROAD TAOS NM 81571
41 SB87 661531228 JONES MICHAEL D 3675 SE CRYSTAL SPRINGS BO PORTLAND OR 97202
41 SB87 661533612 EPPERSON DENNIS D 5072 STONESPRING WAY ANDERSON IN 46012
41 SB87 661535500 SALCEDA JOHN F 220 POPLAR STREET WINNETKA IL 60093
41 SB87 661535963 GIBSON PHYLLIS M 408 S INDIANA STREET ROACHDALE IN 46172
41 SB87 661537555 BROWN CARLOS E SR 5127 SOUTH LAFLIN STREET CHICAGO IL 60609
41 SB87 661538611 CIMBALLA GEORGE JR 1170 SUMMIT AVENUE LAKEWOOD OH 44107
41 SB87 661541383 POLANSKI KIM 3505 DENISON AVENUE CLEVELAND OH 44109
41 SB87 661542084 PANNARALE VICTOR 3134 NORTH OCTAVIA CHICAGO IL 60635
41 SB87 661542704 PITTS JOAN 7648-50 SOUTH ASHLAND CHICAGO IL 60620
41 SB87 661543496 MOSER JEFFERY C 4844 WEST PENSACOLA AVENUE CHICAGO IL 60641
41 SB87 661544759 PENA FRED III 3455 REID AVENUE LORAIN OH 44055
41 SB87 661544965 CANULL KEVIN 10912 BEECHWOOD DRIVE EAST INDIANAPOLIS IN 46280
41 SB87 661546051 WELK THOMAS 10738 PROUTY ROAD CONCORD OH 44077
41 SB87 661546549 SINKS LUCILLE M 28547 NORTH MONROE STREET WAUCONDA IL 60084
41 SB87 661547679 DE GUZMAN ISABEL 112 EASON STREET HIGHLAND PARK MI 48203
41 SB87 661548123 JONES GAIRY 14708 ORINOCO CLEVELAND OH 44112
41 SB87 661548347 BROWN TOMMY E 382 CARPENTER STREET COLUMBUS OH 43205
41 SB87 661549014 BANKS LEONARD 422 CONGRESS AVENUE INDIANAPOLIS IN 46208
41 SB87 661549030 OWENSBY SAMUEL R 4N763 SCHOOL ROAD WASCO IL 60183
41 SB87 661549378 BINGHAM RONALD W 11391 MARK TWAIN DETROIT MI 48227
41 SB87 661549568 COTTRELL SHARON L 2256 LAKE ROAD AKRON OH 44312
41 SB87 661551119 KILGORE ROBERT M 6055 SOUTH COUNTY RD 475EA LEBANON IN 46092
41 SB87 661551846 TONEY JUDY R 1669-71 HOWER AVENUE EAST CLEVELAND OH 44112
41 SB87 661552224 FUSCO CAROLINE T 124 LORRAINE ROAD WHEATON IL 60187
41 SB87 661552562 JULIAN WILLIAM E 958 N BOEHNING ST INDIANAPOLIS IN 46019
41 SB87 661553180 DUNBAR SERAPHINE 7826 S MARYLAND CHICAGO IL 60619
41 SB87 661553461 CAMPBELL DEVETTA SHUMPERT 4876 WEST 24TH AVENUE GARY IN 46406
41 SB87 661553958 HANSON RICHARD L 1027 MCLEAN AVENUE ST. PAUL MN 55106
41 SB87 661555763 SAENZ JOSE LUIS 442 MEEKER AVE JOLIET IL 60432
41 SB87 661556563 GOAD STEVEN 1136 E POWELL AVENUE EVANSVILLE IN 47714
41 SB87 661556571 GOAD STEVEN 1144 E POWELL AVENUE EVANSVILLE IN 47714
41 SB87 661556589 GOAD STEVEN 1104 E CHANDLER AVENUE EVANSVILLE IN 47714
41 SB87 661556597 GOAD STEVEN 1133 E CHANDLER AVE EVANSVILLE IN 47714
41 SB87 661557124 MARION ROBERT L 2616 CAROLINE AVE INDIANAPOLIS IN 46218
41 SB87 661557975 IMEL STEVE A 5453 WEST 106TH STREET ZIONSVILLE IN 46077
41 SB87 661558296 HUNT GILBERT R 19474 GRIGGS DETROIT MI 48221
41 SB87 661558387 SAENZ JOSE LUIS 432 MEEKER AVE JOLIET IL 60432
41 SB87 661560839 ADAMS GEOFFREY J 4915 DIVISION AVENUE WHITE BEAR LAKE MN 55110
41 SB87 661561720 SPAID CRAIG E 304 THORNBERRY DRIVE CARMEL IN 46032
41 SBC94ADD 680188299 FOWLER ROBERT P 1023 MAYER DRIVE JACKSONVILE FL 32211
41 SBC88 800205247 CUMMINGS DAVID R 26 CHADBOURNE CIRCLE LUDLOW MA 01056
41 SBC88 800210833 COMSTOCK DONALD A 67 WALNUT STREET ESSEX CT 06442
41 SBC91 800214942 HEVRONI SIMONA 2250 80TH STREET BROOKLYN NY 11214
41 SBC91 800230492 GABBAY YONA 2709 AVE S BROOKLYN NY 11229
41 SBC88 800231532 SHAMAILOV MICHAEL 86 CHESTNUT LANE WOODBURY NY 11797
41 SBC91 800234650 BERVY ELIZABETH 118 EAGLE ROCK ROAD GHENT NY 12075
41 SBC88 800241770 BRANFMAN JOE 110 BENJAMIN DR STATEN ISLAND NY 10303
41 SBC88 800243149 KRAKUE JAMES 23 BOWDOIN ST PROVIDENCE RI 02909
41 SBC88 800245706 WOOD MARK E 187 QUEEN ANN ROAD AMSTERDAM NY 12010
41 SBC88 800245789 ADAMSON TERRY L 6001 MORTON COURT FAYETTEVILLE NC 28314
41 SBC88 800255788 VERRONE VINCENT M 2042 EDNA AVENUE SCRANTON PA 18508
41 SBC88 800255879 DESIMONE ANTHONY D. 315 BROOKFIELD AVENUE STATEN ISLAND NY 10308
41 SBC88 800258451 GALLAGHER JOHN 1557 STRAWBERRY ROAD MOHEGAN LAKE NY 10547
41 SBC88 800258717 NELUS JULOT 3915 FOSTER AVENUE BROOKLYN NY 11203
41 SBC88 800259434 AKARASKUL DEJAVADHAN 1837 CHASEWOOD PARK DR MARIETTA GA 30066
41 SBC88 800261398 GREGORY DARREN L 2525 LOYOLA SOUTHWAY BALTIMORE MD 21215
41 SBC88 800261471 PARRY DAVID V 2 SOUTH COLLINS AVENUE DEWEY BEACH DE 19971
41 SBC91 800261588 PARRY DAVID V 1210 BRIDGEWATER DRIVE WEST CHESTER PA 19380
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661516641 25,000.00 24,992.31 10/03/97 09/03/27 358.59 11/03/97 58.1 11.850 254.27
661518332 16,800.00 16,795.87 09/01/97 08/01/17 237.50 11/01/97 85.0 13.450 202.23
661518357 121,500.00 121,500.00 09/01/97 08/01/12 177.50 11/01/97 77.8 11.100 1,166.26
661518704 34,800.00 34,800.00 11/01/97 10/01/17 239.51 11/01/97 67.2 10.500 347.44
661519785 55,698.00 55,698.00 10/01/97 09/01/12 178.52 11/01/97 85.0 13.300 629.22
661520676 24,570.00 24,570.00 10/01/97 09/01/12 178.52 11/01/97 63.0 12.200 298.06
661520825 25,350.00 25,350.00 11/01/97 10/01/12 179.51 11/01/97 84.5 11.400 294.53
661521849 14,750.00 14,722.78 08/24/97 07/24/12 177.24 10/24/97 77.4 12.850 185.17
661522193 79,400.00 79,400.00 11/01/97 10/01/17 239.51 11/01/97 79.8 11.250 833.11
661522706 110,000.00 110,000.00 11/01/97 10/01/12 179.51 11/01/97 69.6 10.550 1,010.33
661529925 18,950.00 18,911.46 09/19/97 08/19/12 178.09 11/19/97 84.9 13.050 210.37
661531228 59,400.00 59,400.00 09/22/97 08/22/12 178.19 09/22/97 84.8 13.300 671.04
661533612 157,500.00 157,194.84 10/03/97 09/03/27 358.59 11/03/97 90.0 10.650 1,458.41
661535500 81,400.00 81,226.27 10/08/97 09/08/17 238.75 11/08/97 74.9 12.350 916.23
661535963 93,600.00 93,600.00 10/02/97 09/02/12 178.55 10/02/97 90.0 11.150 902.00
661537555 53,500.00 53,500.00 10/11/97 09/11/27 358.85 10/11/97 69.9 10.150 475.44
661538611 128,500.00 128,500.00 10/15/97 09/15/12 178.98 10/15/97 74.7 11.850 1,306.95
661541383 36,000.00 36,000.00 10/03/97 09/03/27 358.59 11/03/97 78.2 12.100 373.07
661542084 24,000.00 23,944.68 10/08/97 09/08/27 358.75 11/08/97 89.6 11.150 231.28
661542704 40,000.00 39,737.66 10/05/97 09/05/27 358.65 11/05/97 57.1 10.500 365.90
661543496 20,000.00 19,972.01 10/09/97 09/09/12 178.78 11/09/97 89.0 11.650 200.35
661544759 12,700.00 12,700.00 10/24/97 09/24/12 179.28 10/24/97 89.5 11.650 149.57
661544965 27,200.00 27,200.00 10/22/97 09/22/17 239.21 10/22/97 84.9 12.250 304.25
661546051 19,000.00 19,000.00 10/09/97 09/09/12 178.78 10/09/97 90.0 11.650 223.77
661546549 47,100.00 47,100.00 10/15/97 09/15/12 178.98 10/15/97 84.9 12.350 497.20
661547679 102,000.00 102,000.00 11/01/97 10/01/12 179.51 11/01/97 85.0 9.400 850.24
661548123 46,900.00 46,900.00 10/11/97 09/11/12 178.85 10/11/97 70.0 10.500 429.01
661548347 35,000.00 35,000.00 10/24/97 09/24/12 179.28 10/24/97 70.0 10.400 317.54
661549014 19,900.00 19,900.00 10/03/97 09/03/27 358.59 10/03/97 64.1 9.770 171.26
661549030 45,000.00 45,000.00 10/18/97 09/18/12 179.08 10/18/97 36.4 11.850 535.74
661549378 36,500.00 36,500.00 10/03/97 09/03/27 358.59 11/03/97 84.8 10.150 324.37
661549568 64,600.00 64,528.94 10/08/97 09/08/27 358.75 11/08/97 77.8 13.600 745.02
661551119 15,000.00 14,983.79 10/05/97 09/05/12 178.65 11/05/97 89.9 11.650 150.26
661551846 54,400.00 54,400.00 10/02/97 09/02/12 178.55 11/02/97 80.0 13.350 616.69
661552224 30,000.00 30,000.00 10/22/97 09/22/12 179.21 10/22/97 84.7 13.100 334.21
661552562 47,000.00 46,974.03 10/15/97 09/15/27 358.98 11/15/97 54.0 10.050 414.20
661553180 38,000.00 38,000.00 10/22/97 09/22/27 359.21 10/22/97 50.6 9.450 318.14
661553461 28,000.00 28,000.00 10/22/97 09/22/27 359.21 10/22/97 80.0 13.600 322.92
661553958 10,500.00 10,464.02 10/17/97 09/17/17 239.05 11/17/97 89.6 11.650 113.06
661555763 30,000.00 30,000.00 10/05/97 09/05/12 178.65 10/05/97 60.0 12.500 320.18
661556563 24,600.00 24,600.00 10/08/97 09/08/12 178.75 10/08/97 64.7 11.250 238.93
661556571 23,600.00 23,600.00 10/08/97 09/08/12 178.75 10/08/97 64.6 11.250 229.22
661556589 24,200.00 24,200.00 10/08/97 09/08/12 178.75 10/08/97 64.5 11.250 235.05
661556597 25,100.00 25,100.00 10/08/97 09/08/12 178.75 10/08/97 64.5 11.250 243.79
661557124 48,400.00 48,326.61 10/04/97 09/04/12 178.62 11/04/97 84.9 11.850 576.22
661557975 116,000.00 116,000.00 10/18/97 09/18/12 179.08 10/18/97 80.0 12.700 1,256.05
661558296 44,000.00 44,000.00 10/17/97 09/17/12 179.05 10/17/97 80.0 10.500 486.38
661558387 27,000.00 27,000.00 10/05/97 09/05/12 178.65 10/05/97 60.0 12.500 288.16
661560839 16,400.00 16,400.00 11/01/97 10/01/12 179.51 11/01/97 89.9 11.800 166.17
661561720 123,200.00 123,200.00 10/24/97 09/24/27 359.28 10/24/97 84.9 12.000 1,267.25
680188299 50,400.00 50,230.82 06/01/97 05/01/12 174.48 10/01/97 80.0 12.750 629.41
800205247 25,400.00 25,291.89 08/15/97 07/15/12 176.94 10/15/97 83.3 13.200 284.95
800210833 28,388.00 28,374.94 07/01/97 06/01/12 175.50 11/01/97 80.0 13.000 314.03
800214942 59,000.00 58,452.78 08/07/97 07/07/12 176.68 11/07/97 89.0 12.750 736.81
800230492 40,000.00 40,000.00 10/01/97 09/01/12 178.52 11/01/97 66.5 13.650 462.89
800231532 50,000.00 49,952.44 08/07/97 07/07/17 236.68 10/07/97 52.8 12.450 566.31
800234650 155,700.00 155,342.32 10/01/97 09/01/12 178.52 11/01/97 79.9 11.000 1,769.68
800241770 84,000.00 84,000.00 09/15/97 08/15/12 177.96 10/15/97 70.0 12.000 864.03
800243149 51,100.00 51,100.00 09/28/97 08/28/12 178.39 10/28/97 70.0 10.750 477.01
800245706 30,000.00 30,000.00 10/04/97 09/04/17 238.62 11/04/97 74.2 12.250 335.57
800245789 18,800.00 18,688.27 09/20/97 08/20/12 178.13 10/20/97 88.3 12.850 205.76
800255788 63,200.00 63,200.00 10/04/97 09/04/27 358.62 11/04/97 80.0 12.500 674.51
800255879 19,800.00 19,800.00 10/12/97 09/12/12 178.88 10/12/97 85.5 12.000 237.63
800258451 40,000.00 40,000.00 09/07/97 08/07/12 177.70 10/07/97 23.5 10.600 368.89
800258717 132,000.00 132,000.00 10/10/97 09/10/12 178.82 10/10/97 80.0 10.700 1,227.24
800259434 18,800.00 18,741.80 08/16/97 07/16/12 176.98 10/16/97 89.9 12.450 231.10
800261398 46,550.00 46,533.76 08/08/97 07/08/12 176.71 10/08/97 70.0 11.100 446.83
800261471 113,000.00 113,000.00 10/22/97 09/22/12 179.21 10/22/97 55.5 12.500 1,206.00
800261588 131,000.00 131,000.00 10/22/97 09/22/12 179.21 10/22/97 84.3 12.500 1,398.11
</TABLE>
<PAGE>
<TABLE>
Page 2 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
41 SBC94 800262404 BLEVIN ERIC C 205 BELMONT AVENUE JERSEY CITY NJ 07304
41 SBC88 800262552 WOODRUFF RICHARD B 734 MORGAN AVENUE DREXEL HILL PA 19026
41 SBC88 800262578 CONNELLY PAUL Y 598 CONNELLY ROAD RISING SUN MD 21911
41 SBC88 800262974 SPRUILL EDISON 1387 MOORE STREET AKRON OH 44301
41 SBC88 800265027 BROWN PATRICIA JEAN 4254 MARY DRIVE EDEN NY 14057
41 SBC88 800265217 GAGLIARDO FRANK E 8 MAJOR ANDRE DRIVE STONY POINT NY 10980
41 SBC88 800268807 VETTRAINO GERARD A 8002 WOODCROFT COURT DUNN LORING VA 22027
41 SBC88 800270209 BRADY PATRICK 2136 E TUCKER ST PHILADELPHIA PA 19125
41 SBC91 800271843 DEPRIMO ROSS 34 LARK SPUR DR TRUMBULL CT 06611
41 SBC88 800273724 GAGNON MARCIA COWING 24 STEWART PLACE SCITUATE MA 02066
41 SBC88 800277758 PATKINS ROBERT W 15-17 WEST MAIN STREET BEAVER BROOK PA 18201
41 SBC88 800277907 ESQUIBEL FELIPE 1328 CHURCH STREET READING PA 19601
41 SBC88 800278194 MENTZER JAMES W 341 DOGWOOD DRIVE HERSHEY PA 17033
41 SBC88 800278202 MIGELL EDNA 38 EAST 89TH STREET BROOKLYN NY 11236
41 SBC88 800278822 RASUL FLORENCE 50 DARWOOD PLACE MOUNT VERNON NY 10550
41 SBC88 800279135 SKASKO ROBERT 15 FORD STREET PITTSTON PA 18640
41 SBC88 800282675 GILLIE TODD J 472 OAK STREET GLENWILLARD PA 15046
41 SBC88 800283020 KLINE CARL J 14 RUPPERT SCHOOL ROAD FLEETWOOD PA 19522
41 SBC91 800283178 DEMERS JEAN W 221 CURRAN ROAD CUMBERLAND RI 02864
41 SBC88 800284226 OYER WILLIAM D 178 HORNELL STREET HORNELL NY 14843
41 SBC88 800285231 CHANDLER ARNOLD A 52 ROBINSON DRIVE NEWCASTLE DE 19720
41 SBC88 800285348 BUTLER WILLIAM F 1699 SARDONYX ROAD LIVERMORE CA 94550
41 SBC88 800286189 GARRETT SHERRY SUE 3820 AVENUE T NORTHWEST WINTER HAVEN FL 33881
41 SBC88 800287062 MACLEOD KYLE A 1310 CUTSPRING ROAD STRATFORD CT 06497
41 SBC88 800287880 SOSA AIDA 18-20 BERGEN ST PROVIDENCE RI 02909
41 SBC91 800287922 STOUTMIRE JAMES E 6549 GRAYS AVENUE PHILADELPHIA PA 19143
41 SBC88 800288250 STRAUB VIRGINA F 253 BRIGGS STREET HARRISBURG PA 17102
41 SBC88 800290389 OZELLA MARK A 12 E POPLAR STREET S.LEBANON TWP. PA 17042
41 SBC88 800291189 CARDOZA DANIEL 254 TREMONT ST REHOBOTH MA 02769
41 SBC88 800292393 COUSAR TONYA S 231 NORTH 61ST STREET PHILADELPHIA PA 19139
41 SBC94 800292666 RICE PATRICIA 4911 GIRARD AVENUE PHILADELPHIA PA 19131
41 SBC91 800292773 GOMEZ MIGUEL A. 663-65 DEAN STREET HAYWARD CA 94541
41 SBC94 800292922 COX JOHN W. 1484 ROSEWOOD ROAD GOLDSBORO NC 27530
41 SBC91 800293003 JARAMILLO KENNETH W 5135 HUNTERS RUN TRAIL COLORADO SPRINGS CO 80911
41 SBC91 800293433 SIONY NATHAN 231 MARTENSE STREET BROOKLYN NY 11229
41 SBC91 800294118 FREEMAN WILLIAM 2016 EAST 72ND STREET BROOKLYN NY 11234
41 SBC94 800294373 LESAGE WILLIAM H 70 CARTHAGE AVENUE EUGENE OR 97404
41 SBC88 800294696 SALLEY J MICHAEL 35 QUEEN ANNE PLACE HAUPPAUGE NY 11788
41 SBC88 800295016 BELL JOHN DAVID 6104 SPRUCE STREET PHILADELPHIA PA 19139
41 SBC88 800295388 BOGOYAVLENSK IGOR 384 MONTGOMERY AVENUE OCEANSIDE NY 11572
41 SBC88 800296253 PIEL WILLIAM 2473 ROUTE 2 GRAFTON NY 12052
41 SBC91 800296352 REDDICK STACEY L 416 HICKORY LANE SOUTHWEST WINTER HAVEN FL 33880
41 SBC94 800296873 VINCENT JARIM R. 885 TEBO ROAD NEW BERN NC 28562
41 SBC94 800296915 WEATHERFORD HAROLD 417 RIVERSIDE DRIVE EUTAWVILLE SC 29048
41 SBC94 800298382 HARSTAD MARIA 1417 GLORIA COURT LOVELAND CO 80537
41 SBC91 800299976 DORWARD TAMMY L RD 4 BOX 1016 MIFFLINTOWN PA 17059
41 SBC88 800300386 CROSSON BRENDA C 4008 CEDAR LIMB COURT TAMPA FL 33614
41 SBC94 800301137 ZINNANTI STEFANO 256 REVILO AVENUE SHIRLEY NY 11967
41 SBC88 800301244 MASSARI RICHARD W 414 PINE TREE DRIVE ORANGE CT 06477
41 SBC88 800301566 NIMNEH BERNADETTE 64 ADELAIDE AVENUE PROVIDENCE RI 02907
41 SBC94 800301749 LOFGREN NORMAN H 1835 N JULIUS STRAVENUE TUCSON AZ 85712
41 SBC88 800302341 GARCIA JOSE 391 MANILA AVENUE JERSEY CITY NJ 07302
41 SBC88 800302481 THOMPSON DAVID 5315 WEST SAGUARO DRIVE WEST JORDAN UT 84084
41 SBC88 800303620 CAREY MARTIN T 25 LLOYD HAVEN DRIVE LLOYD HARBOR NY 11743
41 SBC88 800304354 LOPEZ FELICITA 618 LIBERTY AVENUE BROOKLYN NY 11207
41 SBC88 800304438 CRUZ MIGUEL 264 WEST FULTON STREET LONG BEACH NY 11561
41 SBC91 800304537 HOOVER DEBORAH C 3829 AMBERLY FOREST PLACE VIRGINIA BEACH VA 23456
41 SBC88 800305377 DOYLE REGINA 43 OAK RIDGE ROAD PURDYS NY 10560
41 SBC88 800305559 SLOBODNIK ETHEL P 6 BISHOP COURT PUEBLO CO 81005
41 SBC91 800305914 ASH RAMI 17 PINE HILL DR SOUTH SALEM NY 10590
41 SBC91 800306391 CARR PAULETTE 447 NORTH ELLWOOD BALTIMORE MD 21224
41 SBC88 800306847 CLARK ROBERT 206 WEST CHERRY STREET SHENANDOAH PA 17976
41 SBC88 800306946 WASHINGTON DONNA 39 SAMPSON ST BRIDGEPORT CT 06606
41 SBC88 800307928 MCINTOSH SYDNEY 26 GUNTHER PLACE BROOKLYN NY 11233
41 SBC88 800307993 PRIMUS EARL 930 EAST 31ST STREET BROOKLYN NY 11210
41 SBC91 800308280 SHAW HERMAN L. 918 HUSSA STREET LINDEN NJ 07036
41 SBC88 800308538 SPINELLI ROSEMARY 35 PINE BROOK ROAD NEW ROCHELLE NY 10801
41 SBC94 800309213 FENSTERER JOHN 23191 RIVER ROAD NORTH ALVA FL 33920
41 SBC91 800309262 RANDALL CHARLES E 11 WOODSIDE DR NORTH HAVEN CT 06473
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800262404 50,000.00 50,000.00 10/08/97 09/08/12 178.75 10/08/97 65.7 14.900 628.23
800262552 27,400.00 27,337.80 09/01/97 08/01/17 237.50 11/01/97 84.4 13.040 321.79
800262578 232,000.00 231,864.21 09/01/97 08/01/12 177.50 10/01/97 80.0 11.250 2,253.33
800262974 35,320.00 35,320.00 10/01/97 09/01/27 358.52 10/01/97 80.0 14.300 426.90
800265027 19,400.00 19,339.61 10/12/97 09/12/17 238.88 11/12/97 89.9 11.800 210.91
800265217 25,600.00 25,600.00 10/15/97 09/15/12 178.98 10/15/97 79.9 12.750 319.70
800268807 38,400.00 38,400.00 09/11/97 08/11/07 117.83 10/11/97 84.9 13.300 580.17
800270209 24,000.00 23,893.77 08/23/97 07/23/12 177.21 10/23/97 80.0 11.200 232.19
800271843 25,000.00 24,916.34 08/28/97 07/28/12 177.37 10/28/97 73.4 12.750 312.21
800273724 88,200.00 88,200.00 09/20/97 08/20/27 358.13 10/20/97 60.0 10.500 806.80
800277758 29,000.00 28,821.48 09/22/97 08/22/17 238.19 11/22/97 58.0 10.050 280.82
800277907 42,880.00 42,880.00 10/08/97 09/08/27 358.75 11/08/97 80.0 13.750 499.60
800278194 107,116.00 106,977.28 10/01/97 09/01/17 238.52 11/01/97 90.0 10.900 1,098.36
800278202 127,415.00 127,415.00 10/01/97 09/01/12 178.52 10/01/97 85.5 12.800 1,389.57
800278822 22,500.00 22,500.00 09/25/97 08/25/12 178.29 09/25/97 79.9 14.150 269.27
800279135 55,737.00 55,697.05 09/01/97 08/01/17 237.50 10/01/97 64.9 14.500 713.43
800282675 16,000.00 15,829.74 10/12/97 09/12/12 178.88 12/12/97 79.9 13.350 181.38
800283020 10,000.00 9,988.63 09/18/97 08/18/12 178.06 10/18/97 79.9 13.550 130.16
800283178 50,000.00 50,000.00 10/02/97 09/02/12 178.55 11/02/97 88.6 12.200 522.02
800284226 23,100.00 23,066.32 10/09/97 09/09/12 178.78 11/09/97 70.0 9.150 236.36
800285231 54,600.00 54,600.00 09/04/97 08/04/12 177.60 10/04/97 70.0 11.050 522.03
800285348 42,500.00 42,482.89 10/01/97 09/01/17 238.52 11/01/97 90.0 12.500 482.86
800286189 26,400.00 26,342.55 10/02/97 09/02/12 178.55 11/02/97 80.0 12.100 318.54
800287062 16,675.00 16,675.00 09/27/97 08/27/17 238.36 09/27/97 85.8 12.990 195.24
800287880 74,800.00 74,800.00 09/14/97 08/14/12 177.93 10/14/97 85.0 12.000 769.40
800287922 43,200.00 43,200.00 10/15/97 09/15/27 358.98 10/15/97 90.0 11.300 421.23
800288250 63,890.00 63,672.37 09/01/97 08/01/17 237.50 11/01/97 70.2 8.850 568.69
800290389 28,400.00 28,337.72 09/20/97 08/20/12 178.13 10/20/97 89.7 11.700 335.39
800291189 42,500.00 42,500.00 09/05/97 08/05/12 177.63 10/05/97 84.9 12.500 453.58
800292393 16,730.00 16,730.00 09/01/97 08/01/27 357.50 10/01/97 70.0 11.150 161.22
800292666 20,100.00 20,100.00 10/22/97 09/22/12 179.21 10/22/97 60.0 12.000 241.23
800292773 23,800.00 23,800.00 10/01/97 09/01/12 178.52 10/01/97 90.0 12.750 297.23
800292922 82,875.00 82,613.47 10/15/97 09/15/12 178.98 11/15/97 85.0 12.600 890.93
800293003 42,000.00 41,997.95 10/01/97 09/01/12 178.52 11/01/97 84.9 12.600 451.51
800293433 140,250.00 140,250.00 09/28/97 08/28/12 178.39 09/28/97 85.0 10.850 1,319.76
800294118 30,000.00 30,000.00 09/22/97 08/22/12 178.19 10/22/97 72.2 12.850 328.35
800294373 39,250.00 39,250.00 11/01/97 10/01/12 179.51 11/01/97 84.9 13.600 512.21
800294696 23,450.00 23,450.00 10/02/97 09/02/12 178.55 11/02/97 89.9 12.600 252.09
800295016 34,500.00 34,488.21 10/04/97 09/04/17 238.62 11/04/97 75.0 13.000 404.19
800295388 33,500.00 33,499.24 09/26/97 08/26/12 178.32 10/26/97 85.9 12.650 416.17
800296253 50,000.00 49,945.33 10/05/97 09/05/12 178.65 11/05/97 79.9 13.250 562.89
800296352 17,650.00 17,650.00 10/23/97 09/23/07 119.24 10/23/97 58.2 12.000 253.23
800296873 22,000.00 22,000.00 10/11/97 09/11/12 178.85 10/11/97 68.7 12.150 266.16
800296915 66,725.00 66,725.00 10/23/97 09/23/12 179.24 10/23/97 85.0 10.900 754.21
800298382 38,473.00 38,410.66 10/01/97 09/01/17 238.52 11/01/97 84.9 10.850 393.19
800299976 16,790.00 16,758.13 09/06/97 08/06/12 177.67 10/06/97 79.8 14.650 207.61
800300386 12,150.00 12,150.00 10/15/97 09/15/12 178.98 10/15/97 89.9 11.050 116.17
800301137 69,700.00 69,700.00 10/26/97 09/26/12 179.34 10/26/97 85.0 11.750 703.56
800301244 32,000.00 31,983.15 09/07/97 08/07/12 177.70 10/07/97 89.2 11.900 382.00
800301566 52,000.00 51,942.80 10/01/97 09/01/27 358.52 11/01/97 80.0 13.600 599.71
800301749 27,392.00 27,392.00 11/01/97 10/01/12 179.51 11/01/97 90.0 11.800 277.55
800302341 60,366.00 58,214.87 10/04/97 09/04/12 178.62 01/04/98 80.0 13.800 705.71
800302481 53,199.00 53,199.00 11/01/97 10/01/12 179.51 11/01/97 84.9 10.200 578.21
800303620 100,000.00 99,794.15 10/01/97 09/01/27 358.52 11/01/97 13.6 11.900 1,020.92
800304354 47,000.00 47,000.00 10/16/97 09/16/12 179.01 10/16/97 31.3 9.000 476.71
800304438 38,000.00 38,000.00 10/02/97 09/02/12 178.55 11/02/97 50.5 10.450 346.18
800304537 42,000.00 42,000.00 10/16/97 09/16/12 179.01 10/16/97 73.6 13.600 548.09
800305377 61,000.00 60,786.52 10/17/97 09/17/12 179.05 11/17/97 31.2 8.900 615.08
800305559 81,957.00 81,957.00 11/01/97 10/01/12 179.51 11/01/97 85.1 12.600 1,015.48
800305914 454,000.00 454,000.00 10/26/97 09/26/27 359.34 10/26/97 80.0 10.350 4,102.09
800306391 38,849.00 38,849.00 10/10/97 09/10/12 178.82 11/10/97 70.6 13.100 432.79
800306847 27,000.00 27,000.00 10/19/97 09/19/17 239.11 10/19/97 90.0 11.150 281.45
800306946 15,580.00 15,580.00 10/15/97 09/15/17 238.98 10/15/97 80.8 14.500 199.42
800307928 98,000.00 98,000.00 10/08/97 09/08/12 178.75 10/08/97 67.5 12.150 1,019.37
800307993 184,500.00 184,300.64 10/01/97 09/01/12 178.52 11/01/97 90.0 11.950 1,890.69
800308280 131,750.00 131,750.00 10/23/97 09/23/17 239.24 10/23/97 85.0 8.750 1,164.29
800308538 136,800.00 136,741.02 10/03/97 09/03/27 358.59 11/03/97 90.0 11.850 1,391.37
800309213 43,000.00 43,000.00 10/23/97 09/23/12 179.24 10/23/97 74.9 10.950 407.88
800309262 74,800.00 74,800.00 11/01/97 10/01/12 179.51 11/01/97 80.0 10.990 711.77
</TABLE>
<PAGE>
<TABLE>
Page 3 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
41 SBC91 800309296 KRAYNAK JOSEPH R 32 GLEN DR ANSONIA CT 06401
41 SBC94 800309460 YARRINGTON SUSAN H 1301 SYCAMORE AVENUE WILMINGTON DE 19805
41 SBC88 800309726 HENDRY ANGELA ELLISON 3903 PEACEFUL LANE ZOLFO SPRINGS FL 33890
41 SBC88 800309783 REYES-ALMANZ RAFAEL E 1707 DIAMOND HILL ROAD CUMBERLAND RI 02864
41 SBC91 800310153 NOEL JAMES WESLEY 955 CRESCENT STREET BROOKLYN NY 11208
41 SBC91 800310203 JONSSON BENGT J 1518 MILITARY WAY SALT LAKE CITY UT 84103
41 SBC88 800312019 BENSON DEBRA A 4197 SOUTH GRANT STREET ENGLEWOOD CO 80110
41 SBC88 800313066 BOYER LEROY A 151 WEST PINE STREET TREMONT PA 17981
41 SBC88 800313256 GREENHOLT CRAIG A 235 WOODCHUCK DRIVE EPHRATA PA 17522
41 SBC91 800313298 MAJEWSKI STEPHEN 3752 SOUTHWEST FIRST PLACE CAPE CORAL FL 33914
41 SBC91 800313397 CITRANGOLA THOMAS 3 WATERCREST COURT ST JAMES NY 11780
41 SBC88 800314536 CONLON JENI L 630 NORTH BRIARWOOD ROAD FORT COLLINS CO 80521
41 SBC88 800314734 HAFNER EMIL 202 WALKER PLACE WEST HEMPSTEAD NY 11552
41 SBC88 800314791 GUIDICE SAMUEL 1331 HUCKLEBERRY LANE HEWLETT HARBOR NY 11557
41 SBC88 800314981 READY JAMES 4805 88TH STREET SOUTH TAMPA FL 33619
41 SBC94 800315160 BEATTY GARY L 1111 SOUTHWEST 111TH TERRA DAVIE FL 33324
41 SBC88 800315384 KREPS BARBARA E 11422 APPLEGRATH WAY GERMANTOWN MD 20876
41 SBC91 800315434 SMYSER VIRGINIA 5370 82ND AVENUE NORTH PINELLAS PARK FL 33781
41 SBC88 800316085 GAZZILLO CLEMENT 32 GREEN FIELD LANE NORTH HAVEN CT 06473
41 SBC91 800316556 EISEMAN SHERRIE L 3142 BILLINGS STREET AURORA CO 80011
41 SBC88 800316606 DEARING ALEXIS M 1211 EAST RIO GRANDE STREE COLORADO SPRINGS CO 80904
41 SBC94 800316689 TRAYLOR LINDA E 321 SOUTH SALEM STREET AURORA CO 80012
41 SBC88 800316861 MOLCHANOW JOAN 3886 GLENDALE STREET PHILADELPHIA PA 19124
41 SBC88 800316937 HICKEY ROBERT F. 2306 HIGH STREET READING PA 19605
41 SBC88 800316994 BASTA JOANN D 5870 BELAIR ROAD BALTIMORE MD 21206
41 SBC88 800317422 PATTERSON MARIAN D 140 RADFORD CIRCLE MARIETTA GA 30060
41 SBC88 800317539 BENTO ARNET J. 84 EVERGREEN STREET PROVIDENCE RI 02906
41 SBC88 800317547 PAYNE RONALD K 4566 67TH STREET NORTH ST PETERSBURG FL 33709
41 SBC94 800317679 HOVSEPIAN JOHN H 12 GREENSBROOK WAY BELMONT MA 02178
41 SBC88 800317786 MCARDLE PETER 109 DENISE STREET SAG HARBOR NY 11963
41 SBC88 800318271 HORAN DAVID W 71 THIMBLEBERRY ROAD BALLSTON SPA NY 12020
41 SBC94 800318792 PETCH PATRICIA A 11 RUSTIC DRIVE MONSEY NY 10952
41 SBC88 800319147 GLENN JOSEPH C 5255 BROPHY STREET NORTH PORT FL 34287
41 SBC88 800319287 BREEDLOVE HOPE FAITH 3626 MT CROSS ROAD DANVILLE VA 24540
41 SBC88 800319519 SIMPSON ADELLE M 10125 3RD STREET EAST TREASURE ISLAND FL 33706
41 SBC94 800319568 PHILLIPS VIRGINIA D 2030 PLAZA DELORES CLEARWATER FL 34615
41 SBC91 800320020 ZAHNISER BRIAN P 1156 CONKLING AVENUE UTICA NY 13501
41 SBC88 800320160 PERRY SANDRA L 18744 BOWMAN ROAD SPRING HILL FL 34610
41 SBC88 800320202 MCSORLEY MICHAEL LEROY 9551 QUAIL RUN ROAD FORT MYERS FL 33917
41 SBC88 800320251 BRACE RONALD E 15508 WETSTONE DRIVE TAMPA FL 33612
41 SBC88 800320939 STEER VERNA 115 LORRAINE AVENUE PLEASANTVILLE NJ 08232
41 SBC88 800321010 COLEMAN FRANCES 2221 SOUTH LOWELL BOULEVAR DENVER CO 80219
41 SBC91 800321960 MCGLOCKING JAMES 405 NORTH MCLAUGHLIN STREE SAINT AUGUSTINE FL 32095
41 SBC88 800322257 CAMERON RON C 4402 WEST 6130 SOUTH SALT LAKE CITY UT 84118
41 SBC91 800322265 JOHNSON RAYMOND E 382 PEACHTREE AVE NE ATLANTA GA 30305
41 SBC94 800322315 TANT JUDITH A 15024 VINE STREET HUDSON FL 34667
41 SBC91 800322331 VACCA JANET F 3316 SOUTHWEST 3RD AVENUE CAPE CORAL FL 33914
41 SBC91 800322729 KNIGHT JOSEPH A 11826 NORTH 55TH PLACE SCOTTSDALE AZ 85254
41 SBC91 800323131 PAUL SHARON M 1282 EAST 54TH STREET BROOKLYN NY 11234
41 SBC88 800323271 SOLTIS RALPH G 110 HARLOW STREET EDGEWOOD PA 15218
41 SBC91 800324097 DE JAYNES BARI B 365 WEST IRVINGTON PLACE DENVER CO 80223
41 SBC88 800325037 RAYMOND WESLEY H 28 SOUTH 900 EAST LINDON UT 84042
41 SBC91 800325508 CISSE MAMADOU 7006 GRAYS AVENUE PHILADELPHIA PA 19142
41 SBC91 800325722 BOLDEN VELMA J 14431 MAXWELL PLACE DENVER CO 80239
41 SBC88 800326100 CHAMOW ROBIN 39 ELDERBERRY ROAD SYOSSET NY 11791
41 SBC91 800326134 APPING PETER 33 WILLOWBROOK LANE FREEPORT NY 11520
41 SBC91 800327025 WEEKS LAWRENCE LOT 1004 FOREST DRIVE SAYLORSBURG PA 18353
41 SBC88 800327611 SANTOS MARISOL 189 191 PEACE STREET PROVIDENCE RI 02907
41 SBC94 800327835 MARTINEZ JUAN 2104 E OLD HWY 80 WHITE OAK TX 75693
41 SBC88 800327843 BROWN RANDALL A. 147 OAK HAVEN DRIVE STATESVILLE NC 28677
41 SBC88 800327868 ZARZYCZNY BARRY L RR 4 BOX 219 WILLIAMSPORT PA 17701
41 SBC88 800328411 WILLIAMS NORMA E. 42-44 REDWING STREET PROVIDENCE RI 02907
41 SBC94 800328635 WILSON RONALD E 7485 FRANCONIA TERRACE FOUNTAIN CO 80817
41 SBC94 800328882 KAVOUKAS JUDY 6358 SOUTH HOPI CIRCLE WEST JORDAN UT 84084
41 SBC88 800329021 HILDEBRANT ROBERT C 420 SNOWHILL ROAD NORTHAMPTON PA 18067
41 SBC91 800329070 PICCOLELLA DANA 1525 WILLOWBARK COURT LAS VEGAS NV 89117
41 SBC88 800329716 GAY JAMES RICHARD 25 FRIAR LANE KITTRELL NC 27544
41 SBC88 800330391 IBRAHIM SOHIER SAMI 2187 SPRINGRAIN DRIVE CLEARWATER FL 33763
41 SBC88 800330482 RAWLS EDGAR O 6734 TWELVE OAKS BOULEVARD TAMPA FL 33614
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800309296 16,640.00 16,574.24 09/06/97 08/06/12 177.67 11/06/97 89.9 11.990 199.60
800309460 12,795.00 12,738.23 10/22/97 09/22/12 179.21 11/22/97 74.9 11.700 151.10
800309726 60,000.00 59,970.99 10/04/97 09/04/17 238.62 11/04/97 75.0 12.900 698.68
800309783 60,000.00 60,000.00 10/01/97 09/01/12 178.52 10/01/97 79.8 11.200 580.48
800310153 122,400.00 122,400.00 10/10/97 09/10/27 358.82 11/10/97 85.0 12.900 1,344.43
800310203 190,000.00 190,000.00 11/01/97 10/01/12 179.51 11/01/97 68.5 11.400 1,867.07
800312019 54,250.00 54,250.00 11/01/97 10/01/17 239.51 11/01/97 79.9 10.850 554.43
800313066 63,750.00 63,552.28 10/09/97 09/09/12 178.78 11/09/97 85.0 12.250 775.39
800313256 61,000.00 61,000.00 10/01/97 09/01/12 178.52 11/01/97 76.8 11.350 597.11
800313298 11,975.00 11,970.29 10/08/97 09/08/12 178.75 11/08/97 80.0 12.600 128.73
800313397 50,000.00 50,000.00 09/18/97 08/18/17 238.06 10/18/97 79.9 12.250 559.28
800314536 18,500.00 18,500.00 11/01/97 10/01/12 179.51 11/01/97 83.8 11.600 217.29
800314734 92,500.00 92,297.06 10/12/97 09/12/12 178.88 11/12/97 77.6 10.250 1,008.20
800314791 175,000.00 174,968.21 09/22/97 08/22/12 178.19 10/22/97 27.7 10.990 1,665.24
800314981 33,750.00 33,695.82 09/18/97 08/18/17 238.06 10/18/97 71.8 10.800 343.78
800315160 21,755.00 21,755.00 11/01/97 10/01/12 179.51 11/01/97 85.0 11.600 255.52
800315384 38,000.00 38,000.00 09/27/97 08/27/12 178.36 10/27/97 88.6 11.950 389.41
800315434 66,400.00 66,400.00 09/27/97 08/27/27 358.36 10/27/97 83.0 10.750 619.83
800316085 150,000.00 149,833.19 09/20/97 08/20/12 178.13 10/20/97 49.6 9.750 1,288.73
800316556 14,239.00 14,239.00 11/01/97 10/01/12 179.51 11/01/97 80.7 11.750 168.61
800316606 15,000.00 14,877.08 11/01/97 10/01/12 179.51 12/01/97 89.7 11.150 144.55
800316689 24,500.00 24,485.80 10/04/97 09/04/12 178.62 11/04/97 79.8 14.350 332.06
800316861 32,000.00 31,942.49 09/27/97 08/27/27 358.36 10/27/97 80.0 12.700 346.50
800316937 30,500.00 30,500.00 10/17/97 09/17/17 239.05 10/17/97 41.4 11.350 322.11
800316994 45,390.00 45,390.00 09/21/97 08/21/27 358.16 10/21/97 85.0 11.500 449.49
800317422 40,000.00 39,889.85 10/12/97 09/12/12 178.88 11/12/97 82.9 12.350 489.11
800317539 85,000.00 85,000.00 10/04/97 09/04/12 178.62 11/04/97 85.0 10.250 761.69
800317547 15,500.00 15,497.81 10/01/97 09/01/12 178.52 11/01/97 74.5 13.150 197.64
800317679 195,000.00 195,000.00 11/01/97 10/01/12 179.51 11/01/97 86.3 11.600 1,945.96
800317786 15,000.00 14,928.84 10/16/97 09/16/12 179.01 11/16/97 62.9 12.350 183.42
800318271 44,200.00 44,132.98 10/12/97 09/12/12 178.88 11/12/97 85.0 11.850 526.22
800318792 54,909.00 54,868.67 10/15/97 09/15/12 178.98 11/15/97 84.8 12.900 603.11
800319147 36,000.00 35,839.02 10/08/97 09/08/12 178.75 11/08/97 63.1 8.990 364.92
800319287 41,000.00 41,000.00 10/12/97 09/12/12 178.88 10/12/97 83.6 12.600 440.76
800319519 45,000.00 44,951.05 09/22/97 08/22/12 178.19 10/22/97 42.8 10.200 489.09
800319568 48,450.00 48,255.49 09/22/97 08/22/17 238.19 10/22/97 83.5 11.200 506.71
800320020 25,500.00 25,500.00 09/28/97 08/28/27 358.39 10/28/97 85.0 12.900 280.09
800320160 32,400.00 32,032.62 09/18/97 08/18/12 178.06 11/18/97 90.0 11.550 379.52
800320202 25,500.00 25,500.00 10/15/97 09/15/12 178.98 10/15/97 79.4 12.850 279.09
800320251 96,750.00 96,750.00 10/12/97 09/12/17 238.88 10/12/97 75.0 8.550 842.68
800320939 44,800.00 44,574.10 10/16/97 09/16/12 179.01 11/16/97 74.6 11.100 512.01
800321010 25,000.00 25,000.00 11/01/97 10/01/12 179.51 11/01/97 89.4 11.150 240.92
800321960 90,000.00 90,000.00 09/21/97 08/21/27 358.16 10/21/97 60.0 13.340 1,019.55
800322257 25,000.00 25,000.00 11/01/97 10/01/12 179.51 11/01/97 65.7 11.700 295.23
800322265 50,000.00 50,000.00 10/03/97 09/03/12 178.59 10/03/97 87.3 12.100 518.16
800322315 43,350.00 43,350.00 11/01/97 10/01/27 359.51 11/01/97 85.0 11.100 416.11
800322331 78,400.00 78,400.00 10/17/97 09/17/12 179.05 10/17/97 80.0 11.950 803.42
800322729 50,000.00 50,000.00 10/01/97 09/01/12 178.52 11/01/97 60.2 9.800 431.42
800323131 14,966.00 14,966.00 10/25/97 09/25/12 179.31 10/25/97 90.0 11.250 145.36
800323271 48,800.00 48,770.25 10/15/97 09/15/12 178.98 11/15/97 80.0 9.400 406.78
800324097 49,800.00 49,800.00 11/01/97 10/01/12 179.51 11/01/97 84.8 12.000 512.25
800325037 50,000.00 50,000.00 11/01/97 10/01/17 239.51 11/01/97 88.7 11.400 529.77
800325508 37,600.00 37,600.00 09/26/97 08/26/12 178.32 10/26/97 80.0 12.700 468.33
800325722 18,000.00 17,952.42 10/15/97 09/15/12 178.98 11/15/97 81.5 10.900 203.46
800326100 25,000.00 24,837.73 10/16/97 09/16/12 179.01 11/16/97 36.6 9.250 257.30
800326134 42,300.00 42,300.00 10/10/97 09/10/12 178.82 10/10/97 80.8 13.650 489.51
800327025 45,600.00 45,491.82 10/09/97 09/09/12 178.78 11/09/97 80.0 12.650 566.49
800327611 75,600.00 75,518.28 10/08/97 09/08/12 178.75 11/08/97 90.0 11.500 748.66
800327835 28,800.00 28,800.00 11/01/97 10/01/27 359.51 11/01/97 90.0 11.150 277.54
800327843 73,850.00 73,788.25 10/15/97 09/15/27 358.98 11/15/97 70.0 9.900 642.64
800327868 59,800.00 59,800.00 10/15/97 09/15/12 178.98 10/15/97 65.0 10.600 664.74
800328411 61,200.00 61,200.00 09/25/97 08/25/12 178.29 10/25/97 85.0 11.750 617.76
800328635 97,750.00 97,750.00 11/01/97 10/01/27 359.51 11/01/97 85.0 9.750 839.82
800328882 16,700.00 16,700.00 11/01/97 10/01/12 179.51 11/01/97 84.7 11.750 197.75
800329021 32,000.00 32,000.00 10/22/97 09/22/12 179.21 10/22/97 26.3 10.450 352.74
800329070 22,678.00 22,678.00 11/01/97 10/01/12 179.51 11/01/97 80.0 10.600 252.09
800329716 29,600.00 29,600.00 10/15/97 09/15/12 178.98 10/15/97 79.9 12.100 357.16
800330391 12,100.00 12,100.00 10/16/97 09/16/07 119.01 10/16/97 84.9 10.350 162.26
800330482 63,000.00 63,000.00 10/02/97 09/02/12 178.55 10/02/97 50.8 10.700 704.23
</TABLE>
<PAGE>
<TABLE>
Page 4 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
41 SBC94 800330557 WEBER ELIZABETH 142 ROGER CANOE HOLLOW ROA MILL NECK NY 11765
41 SBC88 800331332 MORRAN MICHAEL G 1042 LYNN PORTAL ROAD WASHINTON PA 15301
41 SBC88 800331589 CHANEY DENNIS A 7679 LAVENHAM LANDING KINGSTOWNE VA 22315
41 SBC88 800331928 GASKILL ALLEN T 7804 GREEN LEWIS ROAD WILLARDS MD 21874
41 SBC88 800331985 BODIE GARY 420 JEFFERSON AVE BROOKLYN NY 11221
41 SBC94 800332835 PERALTA NATALIA 1150 SOUTH 7951 E SAN JOSE SAFFORD AZ 85546
41 SBC88 800332926 LESSER MARK L 2438-40-42 MEADE STREET DENVER CO 80211
41 SBC88 800333148 JENTOFT R MICHAEL 2706 S KLINE CIRCLE LAKEWOOD CO 80227
41 SBC88 800333163 LEVY MARVIN T 7725 E PORTLAND STREET SCOTTSDALE AZ 85257
41 SBC88 800333197 HUGHES MARIA LUZ 857 WEST ALTURAS STREET TUCSON AZ 85705
41 SBC88 800333544 HOWARD SAMUEL 203 STEVENSON BOULEVARD AMHERST NY 14226
41 SBC88 800334203 MOREKIN DANIEL S 1270 PETERS MOUNTAIN ROAD DAUPHIN PA 17018
41 SBC91 800334575 SINGH SURINDER 97 28 107TH STREET JAMAICA NY 11419
41 SBC91 800335036 GREENLAND THERESA 204-05 100TH AVENUE HOLLIS NY 11423
41 SBC94 800335069 PROCACCINI STEVEN 10 OWEN STREET PROVIDENCE RI 02907
41 SBC91 800335390 GARVEY SAGE 8549 E BONNIE ROSE AVENUE SCOTTSDALE AZ 85250
41 SBC88 800335564 EISMANN PATRICIA L 2133 KENSINGTON STREET HARRISBURG PA 17104
41 SBC88 800335606 HAN CHANG YON 51 QUAKER RIDGE ROAD MANHASSET NY 11030
41 SBC91 800335796 PIERUCCI DAVID V 5906 RIO ROYALLE ROAD ST AUGUSTINE FL 32084
41 SBC91 800336034 HARRIS STEPHEN P 60 INVERNESS COURT CHESHIRE CT 06410
41 SBC91 800336273 PIAZZA RICHARD 11 MAYFAIR TERRACE COMMACK NY 11725
41 SBC88 800336406 ZALTZ JOSEPH 3209 AVENUE M BROOKLYN NY 11210
41 SBC94 800336430 BURGE TERRY S 3326 BIJOU STREET WEST COLORADO SPRINGS CO 80904
41 SBC88 800336646 SMART ROGER A 8291 S EL MANICERO WAY SANDY UT 84093
41 SBC88 800336711 GOMEZ JOAN L 61 SHERWOOD AVENUE BRIDGEPORT CT 06605
41 SBC88 800336869 BIARD JAMES L. 808 HILLSIDE AVENUE DOLORES CO 81323
41 SBC91 800337263 MAINS PHILIP JAY 5430 WEST CINNAMON RIDGE D LECANTO FL 34461
41 SBC94 800337537 WOODS RAYMOND D 1908 BRENTWOOD DRIVE GREENVILLE PA 16126
41 SBC88 800337883 HALLISEY JERRY M 410 PINE STREET SUSQUEHANNA PA 18847
41 SBC88 800338014 HUBBARD WALTER 14143 CARRIBEAN BOULEVARD FT MYERS FL 33905
41 SBC91 800338097 KALBACHER EUGENE C 18 WHIPPOORWILL LANE ROCKAWAY NJ 07866
41 SBC94 800338220 HARROLD RANDY M 1438 ROSEMARY STREET DENVER CO 80220
41 SBC91 800338345 DUPREY DENNIS J 6385 CRIPPLE CREEK LANE COLORADO SPRINGS CO 80919
41 SBC91 800338659 YOON JAE WAN 4660 FIRTREE LANE SPARKS NV 89436
41 SBC94 800338790 CARTAGENA FERNANDO R 94-13 40TH DRIVE ELMHURST NY 11373
41 SBC88 800338907 MONGENE DEBBIE N 12701 TALL PINE DRIVE TAMPA FL 33625
41 SBC88 800339046 MITCHELL JOHN R 1536 SCHOLAR COURT LEHIGH ACRES FL 33971
41 SBC88 800339095 SNYDER ROBERT LEE 16600 ST MARYS CHURCH ROAD AQUASCO MD 20608
41 SBC91 800339145 LEFUR FLORENCE S 11426 BEACON DRIVE NORTH JACKSONVILLE FL 32225
41 SBC91 800339384 ROBERTS CHARLES H 4973 8TH STREET NORTHEAST WASHINGTON DC 20017
41 SBC94 800339541 WOOD RICHARD A 438 BROAD STREET WINDSOR CT 06095
41 SBC91 800340325 LOPEZ CYNTHIA 164 FORESTVIEW ROAD BRIDGEPORT CT 06606
41 SBC88 800340507 DEAN RICHARD H 6663 BUENA VISTA DRIVE UINTAH UT 84405
41 SBC88 800340838 MORGAN CHARLES EDWARD 730 PARK AVENUE BRUNSWICK MD 21716
41 SBC88 800340960 THOMAS SCOTT A. 3814 POLUMBO DRIVE VALRICO FL 33594
41 SBC88 800341083 GORESEN DOROTHY E. 3 WOODLAND AVENUE LARCHMONT NY 10538
41 SBC88 800341166 GLEE REGINA 2600 PINE KNOLL DRIVE TALLAHASSEE FL 32310
41 SBC88 800341455 HANISCH KARL H 5600 WILLIAMS DRIVE FORT MYERS BEACH FL 33931
41 SBC88 800342719 SCHOFIELD ROGER M 212 OVERSTREET COURT PALM HARBOR FL 34683
41 SBC88 800342792 JIMENEZ MARIA 169 14 88TH AVENUE JAMAICA NY 11435
41 SBC88 800342867 ANDERSON STEPHEN A 3928 27TH PARKWAY SARASOTA FL 34235
41 SBC88 800342883 COBB DOUGLAS F 611 37TH AVENUE EAST BRADENTON FL 34208
41 SBC94 800343113 FLYGARE CHRISTIAN S 3558 NORTH 475 EAST NORTH OGDEN UT 84414
41 SBC91 800343477 CUTTER CYNTHIA A 68 WEST MAIN STREET CUMMINGTON MA 01026
41 SBC88 800343568 BROWN SHARON 17 HENRY STREET ROOSEVELT NY 11575
41 SBC88 800343691 ZIPP JEAN A 80 ELLIOT AVENUE LAKE GROVE NY 11755
41 SBC91 800344046 GIDDENS GROVER C 1378 PASTEUR ROAD BARTOW FL 33830
41 SBC88 800344194 PETRY CAROLE N 3575 EAST CERES DRIVE SALT LAKE CITY UT 84124
41 SBC94 800344251 JOHNS RICHARD I 2186 TUCKER LANE NORTH FORT MYERS FL 33917
41 SBC88 800344699 LOFTUS EDWARD J 4 REVERE ROAD MOUNTAIN TOP PA 18707
41 SBC88 800344764 ROWELL DOUGLAS A 724 NORTH 2ND STREET STEELTON PA 17113
41 SBC88 800345209 SPRADLEY GLORIA G. 2220 SOUTHEAST 8TH TERRACE CAPE CORAL FL 33990
41 SBC88 800345449 GONZALES FAUSTIN M 1010 FAUST LANE EL PRADO NM 87521
41 SBC88 800345472 NATION JOYCE A 804 NORTH PINE STREET GREEN COVE SPRINGS FL 32043
41 SBC91 800345514 AUSTIN WILLIAM D 713 DREW DRIVE COLORADO SPRINGS CO 80911
41 SBC88 800345605 MAGUIRE TIMOTHY J 22 LOWELL ROAD SAYVILLE NY 11782
41 SBC88 800345944 FRATUS MICHEAL J 9324 PINTO CT FORT MILL SC 29715
41 SBC91 800346504 HARRIS CLAYTON W 245 NORTH MAIN STREET SMITHFIELD UT 84335
41 SBC88 800346520 JENSEN TRUDY J 64 EAST 200 NORTH NORTH SALT LAKE CITY UT 84054
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800330557 403,750.00 403,750.00 10/24/97 09/24/12 179.28 10/24/97 85.0 12.250 4,230.88
800331332 56,845.00 56,845.00 10/15/97 09/15/12 178.98 10/15/97 84.9 13.100 633.26
800331589 226,745.00 226,631.81 09/28/97 08/28/12 178.39 10/28/97 90.0 10.750 2,116.62
800331928 72,000.00 72,000.00 09/25/97 08/25/12 178.29 10/25/97 80.0 13.750 838.88
800331985 80,000.00 79,941.43 10/08/97 09/08/12 178.75 11/08/97 45.7 10.000 702.06
800332835 46,254.00 46,254.00 11/01/97 10/01/17 239.51 11/01/97 79.7 11.200 483.74
800332926 78,000.00 78,000.00 11/01/97 10/01/12 179.51 11/01/97 68.6 10.700 871.91
800333148 27,500.00 27,500.00 11/01/97 10/01/12 179.51 11/01/97 89.8 10.000 295.52
800333163 32,776.00 32,776.00 11/01/97 10/01/17 239.51 11/01/97 84.8 11.600 351.79
800333197 55,250.00 54,698.64 11/01/97 10/01/27 359.51 12/01/97 85.0 11.600 551.36
800333544 68,400.00 68,400.00 10/18/97 09/18/12 179.08 10/18/97 80.0 12.350 722.05
800334203 64,600.00 64,600.00 10/04/97 09/04/27 358.62 11/04/97 85.0 11.600 644.66
800334575 31,500.00 31,420.22 10/12/97 09/12/12 178.88 11/12/97 79.2 13.150 352.15
800335036 14,822.00 14,822.00 10/30/97 09/30/12 179.47 10/30/97 80.9 12.600 183.65
800335069 68,000.00 68,000.00 10/22/97 09/22/12 179.21 10/22/97 85.0 11.250 660.46
800335390 20,900.00 20,900.00 11/01/97 10/01/12 179.51 11/01/97 85.0 12.000 250.84
800335564 32,300.00 32,251.17 10/17/97 09/17/17 239.05 11/17/97 89.9 11.650 347.80
800335606 90,000.00 90,000.00 10/10/97 09/10/12 178.82 10/10/97 72.2 11.900 1,074.37
800335796 47,900.00 47,687.54 10/03/97 09/03/12 178.59 11/03/97 79.9 10.750 536.93
800336034 100,000.00 99,719.13 10/01/97 09/01/12 178.52 11/01/97 84.0 11.900 1,193.75
800336273 35,000.00 35,000.00 11/01/97 10/01/17 239.51 11/01/97 60.7 10.800 356.51
800336406 499,000.00 499,000.00 10/01/97 09/01/12 178.52 10/01/97 76.7 10.000 5,362.28
800336430 20,850.00 20,705.92 09/27/97 08/27/12 178.36 10/27/97 84.9 12.800 261.07
800336646 24,900.00 24,900.00 11/01/97 10/01/12 179.51 11/01/97 90.0 10.500 275.24
800336711 19,100.00 19,100.00 10/08/97 09/08/12 178.75 10/08/97 89.9 12.500 235.41
800336869 48,000.00 47,947.64 10/10/97 09/10/12 178.82 11/10/97 73.8 13.100 534.73
800337263 45,600.00 45,600.00 10/24/97 09/24/17 239.28 10/24/97 80.0 10.150 444.59
800337537 32,900.00 32,900.00 11/01/97 10/01/27 359.51 11/01/97 70.0 9.900 286.29
800337883 38,065.00 38,065.30 10/17/97 09/17/27 359.05 10/17/97 80.9 13.600 439.00
800338014 14,800.00 14,800.00 10/04/97 09/04/12 178.62 11/04/97 89.9 11.150 169.61
800338097 20,500.00 20,448.96 10/12/97 09/12/12 178.88 11/12/97 80.2 14.990 286.77
800338220 16,300.00 16,300.00 11/01/97 10/01/12 179.51 11/01/97 79.9 13.850 215.43
800338345 39,122.00 39,122.00 11/01/97 10/01/12 179.51 11/01/97 80.0 13.350 443.50
800338659 28,000.00 28,000.00 11/01/97 10/01/12 179.51 11/01/97 80.6 11.600 279.42
800338790 204,000.00 204,000.00 10/18/97 09/18/12 179.08 10/18/97 85.0 11.050 1,950.46
800338907 10,900.00 10,900.00 10/17/97 09/17/12 179.05 10/17/97 89.9 11.150 124.92
800339046 128,092.00 128,092.50 10/04/97 09/04/12 178.62 11/04/97 90.0 10.400 1,162.15
800339095 74,699.00 74,699.00 10/17/97 09/17/17 239.05 10/17/97 84.5 11.850 814.70
800339145 12,600.00 12,600.00 11/01/97 10/01/17 239.51 11/01/97 89.6 11.400 133.50
800339384 52,000.00 52,000.00 10/26/97 09/26/17 239.34 10/26/97 50.9 9.500 484.71
800339541 20,000.00 20,000.00 10/23/97 09/23/12 179.24 10/23/97 85.0 12.350 211.13
800340325 10,600.00 10,600.00 10/04/97 09/04/12 178.62 10/04/97 89.6 11.800 125.86
800340507 50,000.00 50,000.00 11/01/97 10/01/12 179.51 11/01/97 89.2 11.150 481.84
800340838 75,150.00 75,150.00 10/19/97 09/19/27 359.11 10/19/97 90.0 11.050 718.51
800340960 22,000.00 22,000.00 10/16/97 09/16/12 179.01 10/16/97 89.0 11.150 252.13
800341083 48,000.00 48,000.00 10/16/97 09/16/17 239.01 10/16/97 85.0 12.100 531.87
800341166 35,000.00 35,000.00 10/19/97 09/19/12 179.11 10/19/97 63.6 14.600 480.30
800341455 50,000.00 50,000.00 10/15/97 09/15/12 178.98 10/15/97 77.3 11.300 487.54
800342719 15,000.00 14,794.48 10/10/97 09/10/12 178.82 11/10/97 88.0 11.650 176.66
800342792 174,250.00 174,207.31 10/09/97 09/09/27 358.78 11/09/97 85.0 10.350 1,574.42
800342867 17,640.00 17,547.42 10/15/97 09/15/12 178.98 11/15/97 77.7 13.850 233.14
800342883 62,100.00 62,100.00 10/22/97 09/22/12 179.21 10/22/97 88.7 9.850 661.64
800343113 41,000.00 41,000.00 11/01/97 10/01/12 179.51 11/01/97 83.4 12.100 424.89
800343477 12,820.00 12,661.81 09/04/97 08/04/17 237.60 11/04/97 86.0 12.990 150.10
800343568 108,000.00 108,000.00 10/05/97 09/05/12 178.65 11/05/97 80.0 13.350 1,224.31
800343691 112,000.00 111,725.86 10/17/97 09/17/27 359.05 11/17/97 74.6 9.750 962.25
800344046 31,450.00 31,450.00 10/26/97 09/26/12 179.34 10/26/97 85.0 12.250 382.53
800344194 66,000.00 66,000.00 11/01/97 10/01/12 179.51 11/01/97 74.5 10.850 621.06
800344251 24,000.00 23,843.25 10/19/97 09/19/12 179.11 11/19/97 80.0 12.650 298.15
800344699 18,500.00 18,500.00 10/15/97 09/15/12 178.98 10/15/97 84.7 13.100 206.09
800344764 19,600.00 19,600.00 10/01/97 09/01/12 178.52 11/01/97 70.0 10.200 213.03
800345209 27,200.00 27,138.58 10/15/97 09/15/12 178.98 11/15/97 84.9 11.350 315.16
800345449 64,000.00 64,000.00 11/01/97 10/01/12 179.51 11/01/97 80.0 12.850 700.47
800345472 33,750.00 33,606.81 10/19/97 09/19/12 179.11 11/19/97 75.0 10.450 307.46
800345514 22,500.00 22,500.00 11/01/97 10/01/12 179.51 11/01/97 79.6 13.850 263.93
800345605 50,328.00 50,273.10 10/09/97 09/09/27 358.78 11/09/97 69.9 10.600 464.14
800345944 38,200.00 38,200.00 10/15/97 09/15/12 178.98 10/15/97 89.9 11.650 449.90
800346504 81,750.00 81,750.00 11/01/97 10/01/12 179.51 11/01/97 75.0 11.150 787.80
800346520 26,000.00 26,000.00 11/01/97 10/01/12 179.51 11/01/97 74.7 11.200 251.54
</TABLE>
<PAGE>
<TABLE>
Page 5 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
41 SBC94 800346553 ROSE DONALD G 2357 EAST 125TH COURT THORNTON CO 80241
41 SBC88 800346579 DOWDING ROD W 3051 SOUTH 8850 WEST MAGNA UT 84044
41 SBC88 800346900 MASON CLEOPAS L 106 SOUTH AUDUBON AVENUE GOLDSBORO NC 27530
41 SBC88 800347007 TAM GEORGE 11969 REDBRIDGE DRIVE ORLANDO FL 32824
41 SBC91 800347155 CRAWFORD MARILYN C 6675 WILLIAMSON DRIVE ATLANTA GA 30328
41 SBC88 800347262 HEARN WILLIAM THOMAS 107 S DULANEY AVENUE FRUITLAND MD 21826
41 SBC91 800347759 MARTINEZ EDWARD R 8235 ACOMA STREET DENVER CO 80221
41 SBC91 800348088 BUCK JAMES D 745 4TH STREET SOUTH SAFETY HARBOR FL 34695
41 SBC88 800348179 LINONIS CHRISTOPHE J RD 1 BOX 1838 HIGH HILL RO PULASKI PA 16143
41 SBC91 800348294 ROMANI JAMES 312 SAINT MARYS AVENUE STATEN ISLAND NY 10305
41 SBC91 800348450 MILSTEIN RANDY 26 BARNUM AVENUE PLAINVIEW NY 11803
41 SBC88 800348682 LONG RAHAMAN 256 ELDERT STREET BROOKLYN NY 11207
41 SBC94 800348930 DIAZ PATRICIA ANN 2112 WEST MARQUETTE AVENUE TAMPA FL 33604
41 SBC91 800348955 CARLSON DONALD J. 12050 86TH AVENUE SEMINOLE FL 33772
41 SBC88 800349128 FISHEL GAIL L 6460 SOUTH ALBION WAY LITTLETON CO 80121
41 SBC88 800349151 ANDERSON D BRENT 1843 NORTH HEATHER DRIVE OREM UT 84097
41 SBC88 800349276 BEAKES THOMAS 43 13TH AVENUE RONKONKOMA NY 11779
41 SBC94 800350084 GONZALES ANNETTE A 421 DELAWARE STREET DENVER CO 80204
41 SBC91 800350100 LASSITER KENNETH 730 E RITTENHOUSE STREET PHILADELPHIA PA 19144
41 SBC88 800350407 ROBERTS RUBY I 14414 133RD STREET CT E ORTING WA 98360
41 SBC94 800350902 BURKE JEFFREY R 9658 EAST MAPLEWOOD CIRCLE ENGLEWOOD CO 80111
41 SBC88 800350993 DABROWSKI ANTHONY 5464 ISLAND AVENUE SEMINOLE FL 33772
41 SBC94 800351082 HRUBEC GEORGE 24628 N 91ST AVENUE PEORIA AZ 85382
41 SBC91 800351140 BOOTH RANDOLPH E 135 CAROL ROAD EAST STROUDSBURG PA 18301
41 SBC88 800351538 BRUNO TODD 1617 NEW JERSEY AVENUE WASHINGTON DC 20001
41 SBC94 800351629 ANDIROGLU ESBER 155 COCOPLUM ROAD CORAL GABLES FL 33143
41 SBC88 800352254 NEAL WILLIAM 26626 FAIRWAY DRIVE PUNTA GORDA FL 33982
41 SBC91 800352262 BARONY NORMAN J RR 3 BOX 37 TYRONE PA 16686
41 SBC91 800352619 ZERANSKI VIRGINIA K 37514 FLORIDA AVENUE DADE CITY FL 33525
41 SBC91 800353328 HUBER ROBERT D 1507 BONNIEBROOK DRIVE LUTZ FL 33549
41 SBC91 800353526 DINES GARRY STEVEN 6001 CYPRESS HOLLOW WAY NAPLES FL 34109
41 SBC88 800353773 BARNES JUDY 62 HENDRICKS DRIVE HANOVER TOWNSHIP NJ 07950
41 SBC91 800354185 CALATA LUIS 4751 WEST SARBO STREET KEARNS UT 84118
41 SBC94 800354391 GLOVER JOHNNIE M 3251 ROYAL OAK DRIVE SOUTH MULBERRY FL 33860
41 SBC88 800354565 SCHEG TIMOTHY C 4627 SOUTH WALDEN STREET AURORA CO 80015
41 SBC94 800354854 BUEHRLE BARRY L 181 MESA DRIVE EVERGREEN CO 80439
41 SBC94 800355067 LANDMAN KAREN L RD 2 BOX 203 F DUNBAR PA 15431
41 SBC94 800356081 BILLITTERI PHILIP W 1788 BIARRITZ CIRCLE TARPON SPRINGS FL 34689
41 SBC94 800356222 ALBRIGHT SHERRY L 4986 TIMBER RIDGE TRAIL OCOEE FL 34761
41 SBC88 800357261 SASSO STEPHANIE 86 SCOTCHTOWN AVENUE GOSHEN NY 10924
41 SBC91 800357410 BROCKINGTON LEROY 1230 TURNER STREET FT MYERS FL 33916
41 SBC91 800357444 LOCKARD ROBERT A 3014 SOPRIS AVE GLENWOOD SPRINGS CO 81601
41 SBC88 800357626 CARUSO THEODORE L 3265 HILLVIEW RD SPRINGGROVE PA 17362
41 SBC91 800357709 FENDER BILLY G 6748 80TH AVENUE NORTH PINELLAS PARK FL 33781
41 SBC94 800357949 CURRY MARK T 742 NORTH MADISON ROAD GUILFORD CT 06437
41 SBC91 800358038 MCHUGH PATRICK F 69 AUTUMN DRIVE NORTH KINGSTOWN RI 02852
41 SBC88 800358160 JACKSON RAYMOND 172 20 107TH AVENUE JAMAICA NY 11412
41 SBC94 800358434 SIMMONS VIRGIL 1623 NORMAN STREET RIDGEWOOD NY 11385
41 SBC94 800360760 DUNN JUDITH B 1088 SALOX STREET PORT CHARLOTTE FL 33952
41 SBC88 800361131 VELAZQUEZ JOSEPH M 132 PATTEN CIRCLE ALBRIGHTSVILLE PA 18210
41 SBC91 800362667 COURNOYER DEBORAH 1545 EXCALIBER DRIVE CLEARWATER FL 34624
41 SBC88 800363657 STUART CLARENCE 95-03 CRESSKILL PLACE JAMAICA NY 11435
41 SBC91 800364317 HUGHES BREGITTA D 310 CATALINA COURT COLORADO SPRINGS CO 80906
41 SBC91 800365033 RENLUND STEVEN J 10070 TELLURIDE STREET LITTLETON CO 80125
41 SBC91 800365835 VELEZ RODNEY 675 27TH STREET SOUTHWEST NAPLES FL 34117
41 SBC91 800365876 SCHMUCKER SAMUEL G 15340 EAST IOWA PLACE AURORA CO 80017
41 SBC94 800366007 PALMATO ALBERT 44 SPENCER WAY KINGS PARK NY 11754
41 SBC91 800366148 LEONARD CHARLES H 120 ALBA STREET VENICE FL 34285
41 SBC91 800366627 ZABELL SAUL 79-83 BAY AVE BAYPORT NY 11705
41 SBC94 800366924 HUGHES STEPHEN M. 2796 PARK DRIVE CLEARWATER FL 34623
41 SBC88 800367161 JAMES LOYSE T 8448 78TH TERRACE NORTH LARGO FL 33777
41 SBC88 800367245 MAYO KEVIN L. 70 LUDLAM AVE RIVERHEAD NY 11901
41 SBC91 800368490 EMERY DONALD B 437 NORTH 15TH STREET KENILWORTH NJ 07033
41 SBC94 800368615 DUNKLE SUSAN 5631 5TH STREET ZEPHYRHILLS FL 33541
41 SBC88 800368763 ZIEMBA JUDITH A. 996 GERSHWIN DRIVE LARGO FL 33771
41 SBC94 800368896 PURVIS FELICIA 108 WOODLAND HILLS WHITE PLAINS NY 10603
41 SBC94 800369266 YOUNG HOWARD THOMAS 222 MIRAMAR BOULEVARD NORT ST PETERSBURG FL 33704
41 SBC88 800369340 MYERS DAVID S 1015 WOODCREST AVENUE CLEARWATER FL 33756
41 SBC94 800369498 MELIA BARBARA M 3535 EL MORRO ROAD COLORADO SPRINGS CO 80910
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800346553 20,000.00 20,000.00 10/11/97 09/11/12 178.85 10/11/97 82.3 10.750 224.19
800346579 13,600.00 13,600.00 11/01/97 10/01/17 239.51 11/01/97 56.3 14.090 170.01
800346900 25,500.00 25,500.00 10/22/97 09/22/12 179.21 10/22/97 82.1 11.150 292.24
800347007 33,305.00 33,305.00 10/22/97 09/22/17 239.21 10/22/97 79.8 12.450 377.22
800347155 208,000.00 208,000.00 10/15/97 09/15/27 358.98 10/15/97 80.0 12.375 2,199.74
800347262 50,400.00 50,400.00 11/01/97 10/01/27 359.51 11/01/97 90.0 10.900 476.17
800347759 41,767.00 41,767.00 11/01/97 10/01/12 179.51 11/01/97 79.9 12.700 520.24
800348088 56,000.00 56,000.00 10/26/97 09/26/17 239.34 10/26/97 74.6 11.850 610.76
800348179 10,200.00 10,182.12 10/11/97 09/11/12 178.85 11/11/97 85.0 10.875 115.13
800348294 12,512.00 12,512.00 10/24/97 09/24/12 179.28 10/24/97 84.8 11.750 148.16
800348450 37,500.00 37,383.20 10/16/97 09/16/17 239.01 11/16/97 85.0 11.850 408.99
800348682 15,000.00 15,000.00 10/23/97 09/23/17 239.24 10/23/97 87.5 11.650 161.52
800348930 14,500.00 14,500.00 10/24/97 09/24/12 179.28 10/24/97 90.0 10.900 163.90
800348955 14,800.00 14,800.00 11/01/97 10/01/17 239.51 11/01/97 79.9 13.200 175.51
800349128 29,000.00 29,000.00 11/01/97 10/01/12 179.51 11/01/97 83.4 11.600 289.40
800349151 120,000.00 120,000.00 11/01/97 10/01/12 179.51 11/01/97 75.4 12.100 1,243.58
800349276 38,500.00 38,415.22 10/15/97 09/15/12 178.98 11/15/97 89.5 11.650 453.43
800350084 32,000.00 32,000.00 11/01/97 10/01/12 179.51 11/01/97 76.3 13.850 422.94
800350100 43,200.00 43,200.00 11/01/97 10/01/27 359.51 11/01/97 90.0 11.400 424.51
800350407 41,000.00 41,000.00 11/01/97 10/01/27 359.51 11/01/97 23.6 9.250 337.30
800350902 150,000.00 150,000.00 11/01/97 10/01/12 179.51 11/01/97 76.7 10.600 1,667.41
800350993 40,000.00 40,000.00 10/22/97 09/22/12 179.21 10/22/97 84.3 12.350 489.11
800351082 33,000.00 33,000.00 11/01/97 10/01/12 179.51 11/01/97 79.8 12.100 341.98
800351140 116,000.00 116,000.00 11/01/97 10/01/12 179.51 11/01/97 80.0 9.750 996.62
800351538 108,800.00 108,800.00 10/12/97 09/12/27 358.88 10/12/97 85.0 11.750 1,098.24
800351629 66,000.00 66,000.00 10/22/97 09/22/07 119.21 10/22/97 48.0 10.250 881.36
800352254 35,000.00 35,000.00 10/24/97 09/24/27 359.28 10/24/97 72.9 10.500 320.16
800352262 32,000.00 31,896.67 10/09/97 09/09/12 178.78 11/09/97 80.0 11.000 363.72
800352619 10,000.00 10,000.00 10/23/97 09/23/12 179.24 10/23/97 84.9 12.100 120.66
800353328 23,129.00 23,129.00 10/23/97 09/23/12 179.24 10/23/97 84.9 12.500 285.07
800353526 25,000.00 25,000.00 10/22/97 09/22/07 119.21 10/22/97 84.9 12.350 363.75
800353773 232,500.00 232,500.00 10/15/97 09/15/12 178.98 10/15/97 75.0 11.600 2,320.18
800354185 30,100.00 30,100.00 11/01/97 10/01/12 179.51 11/01/97 74.0 9.900 261.93
800354391 29,250.00 29,250.00 11/01/97 10/01/12 179.51 11/01/97 75.0 12.750 365.28
800354565 35,563.00 35,563.00 11/01/97 10/01/12 179.51 11/01/97 84.9 11.500 352.18
800354854 20,000.00 20,000.00 11/01/97 10/01/12 179.51 11/01/97 72.5 12.950 252.39
800355067 17,700.00 17,700.00 11/01/97 10/01/12 179.51 11/01/97 58.0 10.400 194.56
800356081 19,300.00 19,300.00 10/17/97 09/17/17 239.05 10/17/97 89.8 11.650 207.82
800356222 13,600.00 13,600.00 10/24/97 09/24/12 179.28 10/24/97 80.0 12.850 170.73
800357261 124,000.00 124,000.00 10/17/97 09/17/12 179.05 10/17/97 75.1 8.750 975.51
800357410 10,000.00 10,000.00 10/24/97 09/24/12 179.28 10/24/97 84.9 11.850 119.05
800357444 17,200.00 17,200.00 11/01/97 10/01/12 179.51 11/01/97 85.0 11.850 174.94
800357626 10,000.00 10,000.00 10/19/97 09/19/12 179.11 10/19/97 84.1 11.550 99.41
800357709 54,400.00 54,400.00 11/01/97 10/01/27 359.51 11/01/97 80.0 10.750 507.81
800357949 26,150.00 26,150.00 10/22/97 09/22/17 239.21 10/22/97 85.0 11.700 282.48
800358038 56,000.00 56,000.00 10/26/97 09/26/17 239.34 10/26/97 75.5 11.500 597.20
800358160 140,000.00 139,888.27 10/16/97 09/16/27 359.01 11/16/97 80.0 10.650 1,296.36
800358434 176,000.00 176,000.00 10/10/97 09/10/12 178.82 10/10/97 80.0 14.650 2,176.25
800360760 59,200.00 59,200.00 11/01/97 10/01/12 179.51 11/01/97 80.0 12.750 643.32
800361131 10,000.00 10,000.00 11/01/97 10/01/12 179.51 11/01/97 83.3 13.250 128.17
800362667 191,250.00 190,301.80 11/01/97 10/01/12 179.51 12/01/97 85.0 10.050 1,685.43
800363657 191,250.00 191,250.00 10/17/97 09/17/12 179.05 10/17/97 75.0 9.750 1,643.13
800364317 25,000.00 25,000.00 10/24/97 09/24/12 179.28 10/24/97 58.0 10.150 222.17
800365033 14,400.00 14,400.00 11/01/97 10/01/12 179.51 11/01/97 89.3 11.150 138.77
800365835 35,000.00 35,000.00 10/23/97 09/23/12 179.24 10/23/97 76.8 11.750 353.29
800365876 17,492.00 17,492.00 11/01/97 10/01/12 179.51 11/01/97 85.0 11.600 174.56
800366007 132,500.00 132,500.00 11/01/97 10/01/17 239.51 11/01/97 84.7 10.150 1,291.85
800366148 51,000.00 50,765.36 10/24/97 09/24/27 359.28 11/24/97 39.2 9.800 440.04
800366627 66,635.00 66,635.00 11/01/97 10/01/17 239.51 11/01/97 90.0 11.750 722.13
800366924 34,370.00 34,370.00 10/24/97 09/24/12 179.28 10/24/97 85.0 10.400 377.80
800367161 11,300.00 11,300.00 10/17/97 09/17/12 179.05 10/17/97 90.0 11.050 128.79
800367245 30,000.00 29,972.36 10/12/97 09/12/17 238.88 11/12/97 75.0 11.350 316.83
800368490 120,000.00 120,000.00 10/16/97 09/16/12 179.01 10/16/97 69.3 10.750 1,120.18
800368615 28,000.00 28,000.00 11/01/97 10/01/27 359.51 11/01/97 73.6 11.750 282.63
800368763 16,400.00 16,400.00 10/22/97 09/22/12 179.21 10/22/97 84.8 11.750 165.54
800368896 91,000.00 91,000.00 11/01/97 10/01/12 179.51 11/01/97 70.0 9.800 785.17
800369266 72,250.00 72,250.00 11/01/97 10/01/12 179.51 11/01/97 85.0 10.990 687.51
800369340 14,000.00 14,000.00 10/19/97 09/19/12 179.11 10/19/97 87.0 11.550 139.18
800369498 20,500.00 20,500.00 11/01/97 10/01/12 179.51 11/01/97 79.7 13.850 270.94
</TABLE>
<PAGE>
<TABLE>
Page 6 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
41 SBC91 800369589 LANCASTER WILLIAM D 2743 CALLE COLIMA WEST COVINA CA 91792
41 SBC91 800369670 MCDONALD JAMES J 1001 COLONIAL CLUB DRIVE HARRISBURG PA 17112
41 SBC88 800370017 REED SAMUEL L 459 EAST 115TH STREET CLEVELAND OH 44108
41 SBC91 800370660 WOOD MALCOLM E RT 1 BOX 279P RIDGEWAY SC 29130
41 SBC91 800370751 MACASINAG ARTURO E 932 COX FERRY CIRCLE CONWAY SC 29526
41 SBC91 800371056 WATSON GREG 5858 CROFT LANE LOOMIS CA 95650
41 SBC91 800371288 PERDUE PATRICIA J 6914 CARISSA COURT JACKSONVILLE FL 32244
41 SBC94 800372054 PATTERSON GEORGE M 73 WEST 500 NORTH AMERICAN FORK UT 84003
41 SBC94 800372542 ARELLANO ALDO 9 NORTH SPRING STREET ELIZABETH NJ 07207
41 SBC91 800372773 WINER STEPHEN 11 WAYLAND RD PLAINVIEW NY 11803
41 SBC88 800373011 CYBATOR CHRISTOPHE 5045 WINDRIVER DRIVE MCKEES ROCKS PA 15136
41 SBC94 800373276 LEOPARDI JAMES E 16 GALLEON DR PLYMOUTH MA 02360
41 SBC91 800374399 BODINE ELANA 74 EDGEMONT ROAD SCARSDALE NY 10583
41 SBC94 800375305 FIELD GARRY ALBERT 106 NORTH 930 WEST OREM UT 84057
41 SBC91 800375602 GARCIA VICTOR 63 OLD SELDEN STAGE ROAD SELDEN NY 11784
41 SBC94 800375636 KEWAL MOHABIR 617 EAST 2ND STREET BROOKLYN NY 11218
41 SBC88 800376527 POWERS CATHY B 7615 VERNA BETHANY ROAD MYAKKA CITY FL 34251
41 SBC94 800377079 SALMON RUBY 4119 7TH STREET SOUTH ST PETERSBURG FL 33705
41 SBC94 800377111 GAROFALO SALVATORE 80 CARDINAL LANE HAUPPAUGE NY 11788
41 SBC94 800378481 COMMINS MERVYN PAUL 4315 179TH PLACE SW LYNNWOOD WA 98037
41 SBC94 800378663 MATYSEK JOHN J 122 SOUTH LAKEWOOD CIRCLE MAITLAND FL 32751
41 SBC91 800379661 GALLAY ELIZABETH H 4913 ANN DRIVE HOLIDAY FL 34690
41 SBC91 800380016 RUSSO CARMINE 4917 14TH AVENUE SOUTH GULFPORT FL 33707
41 SBC91 800380214 AUSTIN JULIAN L 39138 SHEFFEY LANE DADE CITY FL 33525
41 SBC94 800381337 DINITTO VINCENT MICHAEL 4861 SOUTHWEST 104TH AVENU COOPER CITY FL 33328
41 SBC94 800382756 ABORDO RENEE 5319 STAMPA AVENUE LAS VEGAS NV 89102
41 SBC91 800387094 SPEARS JOHN R 3719 SOUTH 291ST AUBURN WA 98001
41 SBC94 800387532 WIMMER DARRELL G 772 WEST CREST DRIVE OREM UT 84057
41 SBC91 800390577 BOJKU TASIM 66 SALEM HILL ROAD HOWELL NJ 07731
41 SBC94 800390999 SICILIAN JOSEPH 816 51ST AVENUE NORTH ST PETERSBURG FL 33703
41 SBC91 800392318 HASTINGS RAYMOND T 120 SUSAN DRIVE PITTSBURGH PA 15220
41 SBC91 800392847 PUGLIA VINCENT L 7551 LAUREL OAK COURT PORT RICHEY FL 34668
41 SBC91 800393357 BLICKFELDT TIM A 5177 SOUTH 300 EAST WASHINGTON TERRACE UT 84405
--------- ----------------------------
378 Sale Total
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800369589 17,000.00 17,000.00 11/01/97 10/01/12 179.51 11/01/97 76.4 9.900 181.64
800369670 17,500.00 17,500.00 11/01/97 10/01/12 179.51 11/01/97 78.8 10.300 191.28
800370017 49,600.00 49,600.00 10/23/97 09/23/12 179.24 10/23/97 80.0 11.750 500.67
800370660 49,000.00 49,000.00 10/23/97 09/23/12 179.24 10/23/97 88.9 11.550 573.97
800370751 520,000.00 520,000.00 10/17/97 09/17/27 359.05 10/17/97 80.0 10.950 4,932.45
800371056 194,048.00 194,048.00 11/01/97 10/01/12 179.51 11/01/97 84.5 11.400 1,906.85
800371288 13,890.00 13,890.00 11/01/97 10/01/12 179.51 11/01/97 84.6 11.600 163.15
800372054 13,117.00 13,117.00 11/01/97 10/01/12 179.51 11/01/97 84.9 12.400 138.98
800372542 112,000.00 112,000.00 10/12/97 09/12/12 178.88 10/12/97 80.0 11.900 1,143.43
800372773 49,350.00 49,350.00 10/24/97 09/24/12 179.28 10/24/97 84.9 12.250 600.24
800373011 20,617.00 20,617.00 10/22/97 09/22/12 179.21 10/22/97 86.3 10.750 231.11
800373276 28,000.00 28,000.00 11/01/97 10/01/17 239.51 11/01/97 76.8 13.350 335.05
800374399 34,000.00 34,000.00 10/26/97 09/26/17 239.34 10/26/97 62.9 11.000 350.94
800375305 11,395.00 11,395.00 11/01/97 10/01/12 179.51 11/01/97 84.9 12.400 139.71
800375602 20,000.00 20,000.00 11/01/97 10/01/07 119.51 11/01/97 80.7 9.800 262.09
800375636 214,200.00 214,200.00 10/18/97 09/18/12 179.08 10/18/97 90.0 11.700 2,153.95
800376527 25,000.00 25,000.00 10/22/97 09/22/17 239.21 10/22/97 80.0 13.350 299.15
800377079 30,000.00 30,000.00 11/01/97 10/01/17 239.51 11/01/97 58.8 10.500 299.51
800377111 44,000.00 44,000.00 10/17/97 09/17/12 179.05 10/17/97 84.0 12.950 555.26
800378481 100,000.00 100,000.00 11/01/97 10/01/27 359.51 11/01/97 65.7 10.000 877.57
800378663 26,800.00 26,800.00 11/01/97 10/01/12 179.51 11/01/97 83.0 11.750 270.52
800379661 10,000.00 10,000.00 10/26/97 09/26/12 179.34 10/26/97 67.8 9.400 103.82
800380016 28,000.00 28,000.00 10/19/97 09/19/12 179.11 10/19/97 70.0 8.900 223.28
800380214 180,500.00 180,500.00 11/01/97 10/01/27 359.51 11/01/97 73.6 8.650 1,407.12
800381337 18,500.00 18,500.00 11/01/97 10/01/12 179.51 11/01/97 78.2 11.250 213.18
800382756 23,675.00 23,675.00 11/01/97 10/01/12 179.51 11/01/97 84.8 12.100 285.66
800387094 48,500.00 48,500.00 11/01/97 10/01/17 239.51 11/01/97 83.5 10.000 468.04
800387532 32,500.00 32,500.00 10/17/97 09/17/12 179.05 10/17/97 87.2 12.600 402.69
800390577 16,885.00 16,885.00 08/01/97 07/01/12 176.48 10/01/97 79.8 15.600 243.30
800390999 10,100.00 10,100.00 11/01/97 10/01/07 119.51 11/01/97 75.0 11.100 139.70
800392318 65,000.00 65,000.00 11/01/97 10/01/27 359.51 11/01/97 58.0 11.500 643.69
800392847 65,000.00 65,000.00 11/01/97 10/01/27 359.51 11/01/97 51.1 9.740 557.97
800393357 20,738.00 20,738.00 11/01/97 10/01/12 179.51 11/01/97 89.5 11.400 240.94
------------- ------------- ------ ---- ------ ----------
21,339,318.00 21,324,850.93 224.35 77.5 11.403 220,515.45
</TABLE>
<PAGE>
<TABLE>
Page 7 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
42 SBCL25 661519595 LOMBARDOZZI ANTHONY 108-20 101ST AVENUE RICHMOND HILL NY 11419
42 SBCL25 661520551 VALLADARES ANTONIO 2104 WEST STREET AKA 526 2 UNION CITY NJ 07087
42 SBCL25 661547109 GRIMES ROGER A 4442 INDIANOLA AVENUE INDIANAPOLIS IN 46205
42 SBCL25 661554964 FOX VERMON C 1115 S TROY CHICAGO IL 60612
42 SBCL25 661558668 JONES SAMUEL JR 618 WEST 61ST STREET CHICAGO IL 60621
--------- ---------------------------
5 Sale Total
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661519595 75,000.00 75,000.00 10/01/97 09/01/12 178.52 10/01/97 40.5 12.300 914.65
661520551 80,500.00 80,411.23 10/01/97 09/01/17 238.52 11/01/97 70.0 11.350 850.17
661547109 75,000.00 75,000.00 11/01/97 10/01/12 179.51 11/01/97 50.0 14.000 998.81
661554964 87,500.00 87,309.36 10/01/97 09/01/12 178.52 11/01/97 70.0 11.100 1,000.02
661558668 74,600.00 74,600.00 11/01/97 10/01/12 179.51 11/01/97 49.7 15.500 1,069.76
---------- ---------- ------ ---- ------ --------
392,600.00 392,320.59 191.20 56.7 12.772 4,833.41
</TABLE>
<PAGE>
<TABLE>
Page 8 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
43 SB85 661508457 MELTON DEBRA S 175 BARNSLEY MAIN STREET MADISONVILLE KY 42431
43 SB81D 661508515 FRANEY DANIEL J 21428 152ND STREET NW ELK RIVER MN 55330
43 SB81D 661510958 ARVILA MARY L 3983 72ND STREET EAST INVER GROVE HEIGHTS MN 55076
43 SB81D 661512970 VREELAND DONALD R 6 OLD MANOR ROAD HOLMDEL TOWNSHIP NJ 07733
43 SB85 661514224 TERRY L CAROL 21707 HUMBER STREET NORTHE WYOMING MN 55092
43 SB85 661515106 HAAN MARK R 8463 HERON AVENUE SOUTH COTTAGE GROVE MN 55016
43 SB78D 661516419 GRONHOY CURTIS M 2315 3RD STREET NORTHEAST MINNEAPOLIS MN 55418
43 SB81D 661517532 SANTANGELO JANE 49 DEER PATH MONTGOMERY TOWNSHIP NJ 08558
43 SB78D 661518753 WANNEMACHER SHIRLEY 3423 DARBYSHIRE DRIVE HILLIARD OH 43026
43 SB78D 661518837 FATLAND MICHAEL W 44155 FAIRVIEW AVENUE HARRIS MN 55032
43 SB85 661519884 LAWTON RALPH D 1816 PRINCETON AVENUE SAINT PAUL MN 55105
43 SB81D 661519918 HOWARD MICHAEL L 103 TULIP DRIVE FRANKFORT KY 40601
43 SB85 661519975 ZIGLER JAMES B 23185 169TH STREET BIG LAKE MN 55309
43 SB78D 661520023 GOLDSTEIN ALLAN D 18332 HEATHCOTE LANE DEEPHAVEN MN 55391
43 SB78D 661522359 SEXTON TERI L 2993 DOUGLAS DRIVE BURLINGTON KY 41005
43 SB85 661523746 JOHNSON MITCHELL D 1800 SIMS RD CEDAR MN 55011
43 SB78D 661523795 AHLNESS JOANNE R 408 FRANKLIN STREET SOUTH NEW ULM MN 56073
43 SB78D 661524090 RENO MARIANNE 23314 183RD STREET BIG LAKE MN 55309
43 SB81D 661524132 WERMERSKIRCH DANIEL P 1455 MONARCH STREET SHAKOPEE MN 55379
43 SB78D 661526335 WHITE TERESA R 1 ORCHID DRIVE PORT JEFFERSON STATI NY 11776
43 SB81D 661526384 FANELLI GERALDINE MARY 17 WILLIAMSBURG COURT GLASSBORO BORO NJ 08028
43 SB78D 661526418 COLEMAN MARY H 5 HAMDEN PLACE WINSLOW TOWNSHIP NJ 08081
43 SB81D 661526681 PENNINGTON CHUCK R 2967 NEBRASKA STREET PADUCAH KY 42001
43 SB81D 661527556 NELSON JAMES R 11172 NE QUINCY BOULEVARD BLAINE MN 55434
43 SB85 661527564 MCMANUS J C 301 HATHAWAY TRAIL PADUCAH KY 42003
43 SB81D 661528174 SUMNERS CARLTON 17 HOPKINS DRIVE LAWRENCE TOWNSHIP NJ 08648
43 SB85 661528299 HATTERY JOY A 530 GRIFFITH AVENUE SW MASSILLON OH 44647
43 SB85 661530006 DUNN RONALD J SR 607 MANTUA AVENUE PAULSBORO BORO NJ 08066
43 SB81D 661530139 BARTELT JANICE J 708 EAST LAKE STREET HORICON WI 53032
43 SB85 661530154 ULRICH KEVIN M 3903 MARTHA CIRCLE CRESTWOOD KY 40014
43 SB81D 661530162 WHITING MARGARET A 5603 EDGEWOOD LAGRANGE IL 60525
43 SB78D 661531434 HEINISCH TERESA A 408 ATWOOD DRIVE LEXINGTON KY 40515
43 SB81D 661531442 HEINISCH TERESA A 408 ATWOOD DRIVE LEXINGTON KY 40515
43 SB85 661531459 SIPLE KEVIN M 124 CROWN AVENUE FT. THOMAS KY 41075
43 SB85 661531467 LEVANDOSKI MICHAEL T 10532 LANCASTER LANE NORTH OSSEO MN 55369
43 SB85 661532184 BERNSTEIN SHELDON 1 BETSY COURT GREAT NECK NY 11021
43 SB85 661532390 CROSS MONICA L 12206 DULCIE COURT LOUISVILLE KY 40229
43 SB85 661533356 EVANS EDMUND L 116-118 SOUTH PARDEE STREE WADSWORTH OH 44281
43 SB85 661534123 MORRISON CONSTANCE A 1012 HUGHITT AVE SUPERIOR WI 54880
43 SB78D 661534578 DI GUILMI DONNA LEE 1459 LEAH COURT BRICK TOWNSHIP NJ 08724
43 SB81D 661534594 REAGAN DENNIS R 14 MARTHA STREET EDISON NJ 08820
43 SB85 661534669 SIENKIEWICZ EDWARD 80 IVINS DRIVE PLUMSTEAD TOWNSHIP NJ 08514
43 SB85 661534677 LELLAHI HOSSEIN 18 MONTFORT DRIVE MONTGOMERY TOWNSHIP NJ 08502
43 SB85 661535153 ROBERTSON JAMES J 11140 RHODE ISLAND AVENUE MINNEAPOLIS MN 55438
43 SB85 661535179 BRANNIN BARBARA L 5309 BROOKSWOOD ROAD CRESTWOOD KY 40014
43 SB85 661535278 RUSSELL JOYCE V V 3308 FAIRFAX STREET EAU CLAIRE WI 54701
43 SB85 661535328 HORTON THOMAS J 911 W MELBOURNE AVENUE LOGANSPORT IN 46947
43 SB85 661536169 WEFLEN BARBARA E 1861 HELMO ROAD NORTH OAKDALE MN 55128
43 SB81D 661537134 MIZACK SUSAN 425 KNOWLTON STREET TOWN OF BELVIDERE NJ 07823
43 SB81D 661537225 OLSEN ANDREW K 8680 345TH STREET STACY MN 55079
43 SB81D 661537365 MORRIS BARBARA JEAN 3855 CADIZ RD HOPKINSVILLE KY 42240
43 SB85 661537431 ANDERSEN ROBERT L 16538 GERDINE PATH ROSEMOUNT MN 55068
43 SB85 661537852 PRAMBERGER JOHN P 16 HOLLY DRIVE EAST WINDSOR NJ 08520
43 SB81D 661539049 DOYLE JOHN F 1408 ST LOUIS AVENUE BAYSHORE NY 11706
43 SB85 661539171 SAIN MICHAEL D 2219 VIVIAN LANE ST. PAUL MN 55119
43 SB85 661539189 SAIN MICHAEL 2219 VIVIAN LANE SAINT PAUL MN 55119
43 SB85 661539247 BARNFIELD MARILYN R 311 HILLSIDE STREAMWOOD IL 60107
43 SB85 661539353 LAWTON RALPH T 1816 PRINCETON AVENUE SAINT PAUL MN 55105
43 SB78D 661539825 HAIGHT SHARAN R 154 CHESTNUT HILL DRIVE TOWN OF IRONDEQUOIT NY 14617
43 SB85 661539924 BADZINSKI JAMES P 9475 MONROE STREET NORTHEA BLAINE MN 55434
43 SB85 661539957 HARDISON ROBERT F 920 SUNNYDALE BLVD STREAMWOOD IL 60107
43 SB85 661540641 DUNLEAVY DAVID A 1569 FERNWOOD STREET SAINT PAUL MN 55108
43 SB85 661541128 HOBSON RANDALL E 917 WEST 3RD STREET BICKNELL IN 47512
43 SB85 661541201 BUTLER ROLAND JR 7008 FOREST PARK BLVD HOPKINSVILLE KY 42240
43 SB85 661543819 LEE JAMES W 1311 LANGFORD STREET CITY OF ASBURY PARK NJ 07712
43 SB85 661544585 HUMMITZSCH DELORES A 1703 NORTH 20TH STREET SHEBOYGAN WI 53081
43 SB85 661548412 BLOXTON WILLIAM E 830 HINTON DRIVE MAYSVILLE KY 41056
43 SBC88 800364044 CARMINE GLENDA E 218 SHANGRILA AVENUE BRUNSWICK GA 31525
--------- --------------------------
68 Sale Total
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661508457 12,800.00 12,800.00 11/01/97 09/23/06 107.51 11/01/97 84.8 15.365 202.50
661508515 39,900.00 39,900.00 11/01/97 09/22/07 119.51 11/01/97 84.9 12.275 534.18
661510958 46,100.00 46,100.00 11/01/97 09/22/07 119.51 11/01/97 81.3 12.275 617.19
661512970 78,200.00 78,200.00 11/01/97 09/10/16 227.51 11/01/97 40.7 9.125 667.52
661514224 32,600.00 32,600.00 11/01/97 09/28/02 59.51 11/01/97 86.2 12.525 677.20
661515106 83,300.00 83,300.00 11/01/97 09/10/16 227.51 11/01/97 85.0 12.775 898.88
661516419 56,000.00 56,000.00 11/01/97 08/28/27 359.51 11/01/97 80.0 9.500 434.63
661517532 73,800.00 73,800.00 11/01/97 09/10/16 227.51 11/01/97 52.1 11.990 759.29
661518753 26,500.00 26,500.00 11/01/97 09/22/07 119.51 11/01/97 87.2 12.925 364.08
661518837 29,000.00 29,000.00 11/01/97 09/03/22 299.51 11/01/97 78.6 11.275 267.69
661519884 115,700.00 115,700.00 11/01/97 09/09/17 239.51 11/01/97 77.1 10.375 1,057.21
661519918 57,900.00 57,900.00 11/01/97 09/15/12 179.51 11/01/97 79.3 9.320 552.23
661519975 34,000.00 33,999.58 10/01/97 08/22/07 118.52 10/29/97 90.0 11.875 447.92
661520023 208,200.00 208,200.00 11/01/97 08/28/27 359.51 11/01/97 84.9 12.775 2,092.13
661522359 21,000.00 21,000.00 11/01/97 09/22/07 119.51 11/01/97 82.0 10.875 265.60
661523746 13,000.00 13,000.00 11/01/97 09/28/02 59.51 11/01/97 80.9 13.125 273.72
661523795 15,600.00 15,600.00 11/01/97 09/28/02 59.51 11/01/97 52.2 11.625 317.51
661524090 21,500.00 21,500.00 11/01/97 09/22/07 119.51 11/01/97 84.9 13.125 297.73
661524132 168,000.00 168,000.00 11/01/97 08/28/27 359.51 11/01/97 80.0 10.625 1,433.00
661526335 46,200.00 46,200.00 11/01/97 09/23/06 107.51 11/01/97 84.7 11.875 644.41
661526384 18,300.00 18,300.00 11/01/97 09/22/07 119.51 11/01/97 68.1 11.025 232.89
661526418 83,200.00 83,200.00 11/01/97 09/10/16 227.51 11/01/97 67.6 9.090 708.49
661526681 96,000.00 96,000.00 11/01/97 09/15/12 179.51 11/01/97 80.0 9.410 920.41
661527556 11,900.00 11,900.00 11/01/97 09/15/12 179.51 11/01/97 84.0 11.875 130.93
661527564 65,600.00 65,600.00 11/01/97 09/04/21 287.51 11/01/97 80.0 10.625 582.08
661528174 236,700.00 236,700.00 11/01/97 09/09/17 239.51 11/01/97 90.0 11.625 2,348.69
661528299 10,600.00 10,600.00 11/01/97 09/15/12 179.51 11/01/97 22.8 10.875 110.43
661530006 12,700.00 12,700.00 11/01/97 09/15/12 179.51 11/01/97 69.0 11.875 139.74
661530139 25,200.00 25,200.00 11/01/97 09/22/07 119.51 11/01/97 80.2 11.875 331.99
661530154 15,300.00 15,300.00 11/01/97 09/22/07 119.51 11/01/97 84.9 13.125 211.87
661530162 25,200.00 25,200.00 11/01/97 09/22/07 119.51 11/01/97 72.7 11.025 320.70
661531434 103,600.00 103,600.00 11/01/97 09/09/17 239.51 11/01/97 78.1 10.525 956.27
661531442 13,600.00 13,600.00 11/01/97 09/09/17 239.51 11/01/97 88.4 10.625 126.38
661531459 27,000.00 27,000.00 11/01/97 09/28/02 59.51 11/01/97 85.7 13.125 568.50
661531467 124,000.00 124,000.00 11/01/97 09/03/22 299.51 11/01/97 80.0 10.525 1,082.69
661532184 88,100.00 88,100.00 11/01/97 09/15/12 179.51 11/01/97 38.2 10.875 917.82
661532390 19,300.00 19,300.00 11/01/97 09/22/07 119.51 11/01/97 88.9 11.875 254.26
661533356 67,000.00 67,000.00 11/01/97 09/09/17 239.51 11/01/97 79.7 9.695 584.33
661534123 25,200.00 25,200.00 11/01/97 09/25/04 83.51 11/01/97 67.2 10.125 387.59
661534578 14,700.00 14,700.00 11/01/97 09/22/07 119.51 11/01/97 80.7 10.875 185.92
661534594 17,600.00 17,600.00 11/01/97 09/22/07 119.51 11/01/97 73.8 11.625 229.53
661534669 107,100.00 107,100.00 11/01/97 09/15/12 179.51 11/01/97 64.5 11.875 1,178.40
661534677 54,600.00 54,600.00 11/01/97 09/10/16 227.51 11/01/97 86.6 13.000 597.13
661535153 107,700.00 107,700.00 11/01/97 08/28/27 359.51 11/01/97 76.9 9.320 822.87
661535179 75,800.00 75,800.00 11/01/97 09/15/12 179.51 11/01/97 70.1 11.125 800.66
661535278 58,900.00 58,900.00 11/01/97 09/22/07 119.51 11/01/97 64.0 10.375 729.69
661535328 47,600.00 47,600.00 11/01/97 09/13/14 203.51 11/01/97 86.5 11.525 491.94
661536169 18,000.00 18,000.00 11/01/97 09/15/12 179.51 11/01/97 87.1 11.875 198.05
661537134 122,000.00 122,000.00 11/01/97 09/03/22 299.51 11/01/97 78.2 9.010 945.76
661537225 19,100.00 19,100.00 11/01/97 09/10/16 227.51 11/01/97 88.3 12.125 198.15
661537365 31,200.00 31,200.00 11/01/97 09/22/07 119.51 11/01/97 23.6 9.250 368.67
661537431 79,800.00 79,800.00 11/01/97 09/09/17 239.51 11/01/97 79.8 11.625 791.83
661537852 38,300.00 38,300.00 11/01/97 09/24/05 95.51 11/01/97 85.3 11.875 572.05
661539049 39,900.00 39,900.00 11/01/97 09/09/17 239.51 11/01/97 89.8 12.375 415.17
661539171 104,700.00 104,700.00 11/01/97 09/04/21 287.51 11/01/97 72.2 9.445 849.45
661539189 20,800.00 20,775.94 10/01/97 08/09/17 238.52 10/29/97 86.5 10.375 190.06
661539247 93,300.00 93,300.00 11/01/97 09/03/22 299.51 11/01/97 79.0 11.025 845.60
661539353 13,400.00 13,400.00 11/01/97 09/09/17 239.51 11/01/97 86.0 11.875 135.11
661539825 15,500.00 15,500.00 11/01/97 09/23/06 107.51 11/01/97 86.1 10.875 208.23
661539924 21,500.00 21,500.00 11/01/97 09/22/07 119.51 11/01/97 83.8 10.875 271.93
661539957 34,000.00 34,000.00 11/01/97 09/10/16 227.51 11/01/97 89.7 12.125 352.73
661540641 17,700.00 17,700.00 11/01/97 09/22/07 119.51 11/01/97 77.4 13.125 245.11
661541128 14,000.00 14,000.00 11/01/97 09/15/12 179.51 11/01/97 89.6 12.125 156.12
661541201 39,500.00 39,500.00 11/01/97 09/10/16 227.51 11/01/97 74.5 10.375 366.72
661543819 72,700.00 72,700.00 10/01/97 08/15/12 178.52 10/29/97 89.7 9.625 705.73
661544585 54,700.00 54,700.00 11/01/97 09/12/15 215.51 11/01/97 71.0 11.990 571.14
661548412 59,000.00 59,000.00 11/01/97 09/09/17 239.51 11/01/97 70.7 12.775 629.29
800364044 9,100.00 9,059.89 11/01/97 09/22/07 119.51 11/29/97 74.5 10.375 112.73
------------ ------------ ------ ---- ------ ---------
3,650,000.00 3,649,935.41 229.02 76.8 11.039 37,886.45
</TABLE>
<PAGE>
<TABLE>
Page 9 10/17/97
ALLIANCE FUNDING SALE SCHEDULE
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 1 - 2ND SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- --- ------- ------- ---- ------- ---- ----- ----
<C> <C> <S> <C> <C> <C> <C> <C>
44 SB87 661533323 KAUL KRISTI P 24250 DELMAR AVENUE JORDAN MN 55352
44 SBC88 800149577 RIVERA JOSE H 476 BAR CT KISSIMMEE FL 34759
44 SBC94ADD 800256612 CORBELL ROBERT L 364 SPRUCEWOOD COURT LAKE MARY FL 32746
44 SBC88 800265332 HOWARD STEPHEN C 18020 NE 196TH STREET WOODINVILLE WA 98072
44 SBC88 800283145 OAKES JOANNE W 303 WINDSOR DRIVE ROXBORO NC 27573
44 SBC91 800303331 HALL MARGARET S. 16 WEST MERCER AVENUE HAVERTOWN PA 19083
44 SBC91 800308769 BURNETTE ROBERT N. 441 LYNDSEY LANE SHANNON NC 28386
44 SBC91 800315624 PAYNE JERRY RICHARD 9704 SOUTHEAST KNIGHT STRE PORTLAND OR 97266
44 SBC88 800317851 MARTIN JOSE LUIS 6971 MIAMI LAKEWAY DRIVE MIAMI LAKES FL 33014
44 SBC91 800319501 KETCHIE MARY P. 2312 STOKES FERRY ROAD SALISBURY NC 28146
44 SBC88 800325581 WILLIAMS GILDA L. 1501 WHISNANT STREET CHARLOTTE NC 28206
44 SBC88 800329211 EISENBEISS WILLIAM 19917 BRAMBLE BUSH DRIVE GAITHERSBURG MD 20879
44 SBC88 800330771 JONES GUY 1945 MARSH CREEK DRIVE LAWRENCEVILLE GA 30243
44 SBC88 800332264 ROMANCE JOSEPH L 1147 SOROLLA AVE CORAL GABLES FL 33134
44 SBC88 800332546 SUSANKA CAROL M. 7474 BIRCH BRIDGE DRIVE ST. LOUIS MO 63129
44 SBC88 800335846 KOESTER KEITH M 4838 MOCCASIN ST LOUIS MO 63123
44 SBC91 800343303 GOODWIN LAWRENCE A 216 COUNTRY HOLLOW COURT SAINT CHARLES MO 63304
44 SBC88 800347197 BRADY JAMES P 1511 ADOBE DRIVE PACIFICA CA 94044
44 SBC91 800348625 CHATMAN TIMOTHY H. 1342 GOLFAIR BOULEVARD JACKSONVILLE FL 32209
44 SBC88 800349201 MACFARLANE ROBERT A 512 W ADRIAN STREET BLISSFIELD MI 49228
44 SBC94 800351306 SHEDD CHARLES FORT 4609 BRYANSTONE COURT CHARLOTTE NC 28226
44 SBC88 800353187 SETTERBERG DANIEL P 18539 FIRST AVENUE NORTHEA SHORELINE WA 98155
44 SBC91 800354136 WILLIAMS, THOMAS EDMOND 1100 WATERMARK COURT RALEIGH NC 27609
44 SBC88 800356883 GUERRERO TONI D 178 FLORENCE STREET SUNNYVALE CA 94086
44 SBC91 800358327 GERIENE JOHN KRIST 8317 NORTHEAST 162ND PLACE BOTHELL WA 98011
44 SBC88 800359028 KESTELL ROBERT J. 3401 ORCHARD STREET SOUTHE AUBURN WA 98002
44 SBC88 800359473 DENNIS JAMES P 168 13TH STREET PLAINWELL MI 49080
44 SBC91 800368953 ALLAN HAYES WILLIAM MICHA 14 PLAZA DRIVE ORMOND BEACH FL 32176
44 SBC91 800370330 BROWNER EILEEN P. 722 ATALANTA SAINT LOUIS MO 63119
44 SBC91 800370439 PLEWS MARK C 560 MARLANE STREET MUSKEGON MI 49442
44 SBC91 800370546 EITEL PAMELA ANN 4948 FULLER AVENUE SE KENTWOOD MI 49508
44 SBC91 800371874 WINGHART JOSEPH F. 137 HARMONY ROAD WEXFORD PA 15090
44 SBC91 800379059 WELSH JOHN P 28 RAYMOND STREET LATHAM NY 12110
44 SBC94 800379372 HAMILTON DONALD J 4536 LINCOLN DRIVE CONCORD CA 94521
44 SBC91 800379612 PYE KAY L 806 7TH STREET SOUTHWEST RUSKIN FL 33570
44 SBC91 800379646 PYE KAY L 804 7TH STREET SOUTHWEST RUSKIN FL 33570
--------- ---------------------------
36 Sale Total
487 Total with Superior
487 Grand Total
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -------- ----------- ----------- ------ -------- ---- ---- -------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661533323 30,000.00 29,988.08 10/08/97 09/08/12 178.75 11/08/97 81.4 12.525 320.76
800149577 40,500.00 39,959.54 07/12/97 06/12/12 175.86 11/12/97 53.2 10.150 438.94
800256612 75,000.00 75,000.00 08/28/97 07/28/17 237.37 09/28/97 84.1 12.000 825.81
800265332 49,000.00 49,000.00 10/01/97 09/01/17 238.52 11/01/97 79.8 13.250 582.82
800283145 43,955.00 43,955.00 10/17/97 09/17/17 239.05 10/17/97 54.9 9.850 419.82
800303331 15,000.00 15,000.00 10/17/97 09/17/12 179.05 10/17/97 81.7 10.150 162.57
800308769 51,825.00 51,825.00 10/03/97 09/03/12 178.59 10/03/97 56.3 8.900 522.56
800315624 20,600.00 20,600.00 10/27/97 09/27/17 239.38 10/27/97 62.9 10.500 205.67
800317851 27,400.00 27,383.53 10/12/97 09/12/17 238.88 11/12/97 87.2 11.400 290.32
800319501 31,450.00 31,450.00 10/17/97 09/17/12 179.05 10/17/97 85.0 11.600 369.40
800325581 42,300.00 42,229.53 10/15/97 09/15/17 238.98 11/15/97 90.0 10.400 419.48
800329211 46,817.00 46,589.75 10/16/97 09/16/07 119.01 11/16/97 80.0 13.600 715.69
800330771 20,800.00 20,800.00 10/17/97 09/17/12 179.05 10/17/97 89.8 11.400 241.66
800332264 51,716.00 51,605.30 10/15/97 09/15/12 178.98 11/15/97 82.9 11.990 620.35
800332546 43,750.00 43,750.00 10/15/97 09/15/17 238.98 10/15/97 81.2 10.150 426.55
800335846 10,533.00 10,533.00 10/19/97 09/19/07 119.11 10/19/97 90.0 11.150 145.99
800343303 39,144.00 39,144.00 10/26/97 09/26/07 119.34 10/26/97 85.6 9.750 511.89
800347197 205,000.00 204,633.54 10/11/97 09/11/17 238.85 11/11/97 68.3 9.400 1,897.50
800348625 55,000.00 55,000.00 10/26/97 09/26/12 179.34 10/26/97 84.6 12.350 580.60
800349201 73,600.00 73,600.00 11/01/97 10/01/27 359.51 11/01/97 79.1 9.500 618.87
800351306 34,810.00 34,810.00 11/01/97 10/01/17 239.51 11/01/97 70.0 11.800 378.45
800353187 28,500.00 28,500.00 10/17/97 09/17/17 239.05 10/17/97 90.0 11.000 294.17
800354136 73,985.00 73,985.00 11/01/97 10/01/12 179.51 11/01/97 84.9 11.800 878.45
800356883 75,000.00 74,616.44 10/19/97 09/19/17 239.11 11/19/97 70.7 10.600 753.83
800358327 71,050.00 71,050.00 10/17/97 09/17/17 239.05 10/17/97 79.6 10.850 726.13
800359028 33,750.00 33,750.00 10/19/97 09/19/17 239.11 10/19/97 85.8 10.300 332.43
800359473 76,500.00 76,500.00 10/17/97 09/17/17 239.05 10/17/97 90.0 10.650 771.48
800368953 28,629.00 28,629.00 10/22/97 09/22/17 239.21 10/22/97 88.0 11.550 306.30
800370330 111,380.00 111,380.00 10/26/97 09/26/27 359.34 10/26/97 65.5 9.800 961.02
800370439 65,900.00 65,900.00 10/26/97 09/26/17 239.34 10/26/97 83.4 9.800 627.24
800370546 64,000.00 64,000.00 11/01/97 10/01/17 239.51 11/01/97 64.0 10.500 638.96
800371874 130,100.00 129,741.56 10/24/97 09/24/27 359.28 11/24/97 85.0 10.050 1,146.53
800379059 84,000.00 84,000.00 11/01/97 10/01/27 359.51 11/01/97 78.5 9.650 715.53
800379372 104,500.00 104,500.00 10/26/97 09/26/17 239.34 10/26/97 89.8 11.150 1,089.32
800379612 44,000.00 44,000.00 10/22/97 09/22/27 359.21 10/22/97 80.0 8.750 346.15
800379646 44,000.00 44,000.00 10/23/97 09/23/27 359.24 10/23/97 80.0 8.750 346.15
------------- ------------- ------ ---- ------ ----------
2,043,494.00 2,041,408.27 251.12 77.9 10.559 20,629.39
27,425,412.00 27,408,515.20 226.49 77.1 11.311 283,864.70
27,425,412.00 27,408,515.20 226.49 77.1 11.311 283,864.70
</TABLE>
<PAGE>
<TABLE>
Page 1 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE A
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2--2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES--SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SB572 161392063 CHRISTIAN TONYIA MARIE 723 PARK AVENUE ELYRIA OH 44035
45 SB572 161419791 GUNN HERBERT 9001 FOREST VIEW ROAD EVANSTON IL 60203
45 SB572 161465976 KULIK JOAN 5437 S 72ND COURT SUMMIT IL 60501
45 SB572 161500491 OSORIO ATANACIO 3658 CLIPPERT DETROIT MI 48210
45 SB572 161512348 HAOULI TALAL EL 4523 PALMER DEARBORN MI 48126
45 SB572 161519087 HUBBARD THOMAS E 1440 WILLOW LANE PERU IN 46970
45 SB572 161520085 BURKE THOMAS A 7736 HERMITAGE ROAD CONCORD OH 44077
45 SB572 161524574 BROOKS-STANF CINDA 2450 WEAVER ROAD NILES MI 49120
45 SB572 161525142 MOCK MARLENE M 4996 COUNTRYSIDE DRIVE NE SALEM OR 97305
45 SB572 161527486 SIMMONS JESSE 3939 WEST IOWA STREET CHICAGO IL 60651
45 SB572 161530522 SMITH BRIAN GERARD 11371 PATTERSON LAKE DRIVE PUTNAM TOWNSHIP MI 48169
45 SB572 161531355 ORTIZ ROSALIE 3319 SOUTH WALLACE CHICAGO IL 60616
45 SB572 161532684 SMITH MICHAEL E RURAL ROUTE 1 BOX 310A CHRISNEY IN 47612
45 SB575 161533062 HEFNER CHARLES DAVID 3727 WEST CYPRESS STREET PHOENIX AZ 85009
45 SB572 161534250 BUCKS JOHN C 3013 IRENA LANE TWINSBURG OH 44087
45 SB572 161534896 WRIGHT-BURTO YVONNE C 17541 SUNNYBROOK LATHRUP VILLAGE MI 48076
45 SB572 161535588 GRAHAM WILLIAM C 4735 SOUTH INDIANA CHICAGO IL 60649
45 SB572 161535737 CALHOUN DANNY 536 EAST 89TH CHICAGO IL 60619
45 SB572 161535836 LERCHENFELDT THOMAS A 1169 BRIARHILL LAPEER MI 48446
45 SB572 161536388 PRITT MARLIN 1319 W 6TH STREET ASHTABULA OH 44004
45 SB572 161536982 DEMPSEY GARY W 828 TRAIL RIDGE COURT MOORESVILLE IN 46158
45 SB575 161539069 PIOTROWSKI ZBIGNIEW 16453 SOUTH GEORGE OAK FOREST IL 60452
45 SB572 161539374 LEE BEATRICE 9324 SOUTH RIDGELAND CHICAGO IL 60617
45 SB572 161542022 BELTRAN VITO M JR 6153 NORTH CENTRAL PARK CHICAGO IL 60659
45 SB572 161542337 CULLING GREGG M 22425 ALEXANDER ST. CLAIR SHORES MI 48081
45 SB572 161542493 HAZELTON DANIEL L 4407 BEDFORD DETROIT MI 48224
45 SB572 161542527 DEL VALLE EDWIN 1652 NORTH CLAREMONT CHICAGO IL 60647
45 SB572 161543400 STIKA BRUCE J 1594 BROOKSIDE DRIVE HOFFMAN ESTATES IL 60194
45 SB572 161543657 LAIDLER LARRY D 2008 LAKESVIEW OXFORD MI 48371
45 SB572 161543673 CAMPBELL ROBERT 7730 ALLEN ROAD ASHLEY MI 48806
45 SB572 161543830 GEORGE HOWARD W JR 25 ROSEDALE ROAD SOUND BEACH NY 11789
45 SB572 161544382 GREENE KENNETH 39331 DELLA ROSA STERLING HEIGHTS MI 48313
45 SB572 161544747 MULLER ROBERT C JR 7760 MORLEY ROAD CONCORD OH 44060
45 SB572 161545496 STICE FRANK C 6441 VAUGHAN DETRIOT MI 48228
45 SB572 161546502 SMITH FREDERICK JR 8250 SOUTH CRANDON CHICAGO IL 60617
45 SB572 161546577 FORSTON JEANETTE 7308 SOUTH RHODES AVENUE CHICAGO IL 60619
45 SB572 161546809 RUPPERT PAUL 24-26 NORTH DENNY INDIANAPOLIS IN 46201
45 SB572 161546825 THOMPSON JAMES W JR 13046 NEW BRITTON DRIVE FISHERS IN 46038
45 SB572 161547500 BROWN PHYLLIS 7812 SOUTH SANGAMON CHICAGO IL 60620
45 SB572 161547906 KERLEY TRUDY 266 BUCKEYE DRIVE BEREA OH 44017
45 SB572 161547914 BOYD JO ANN 413 EAST WILSON TUSCOLA IL 61953
45 SB572 161548011 ROSS WILLIE L 4836 DERBYSHIRE DRIVE NORTH RANDALL OH 44128
45 SB572 161548078 PETERS EDITH 9816 SOUTH AVALON CHICAGO IL 60628
45 SB572 161548656 MCGOWAN DONALD S 18680 MERRIMAN LIVONIA MI 48150
45 SB572 161548722 DOTY LAWRENCE H 435 EAST MAIN MORRISTOWN IN 46161
45 SB575 161549167 JOHNSON STEVEN E 4395 DYEWOOD ROAD SHERRODSVILLE OH 44675
45 SB572 161549274 CASH PAMELA 18264 LENORE DETROIT MI 48219
45 SB572 161549282 NIESTER ANTHONY C 520 WEST BARNES LAKE ROAD COLUMBIAVILLE MI 48421
45 SB572 161549324 REUST CYNTHIA S 7417 RATTLE RUN ST. CLAIR MI 48079
45 SB572 161549480 GRANA GREGORY 27739 OAK STREET ISLAND LAKE IL 60042
45 SB572 161549597 JONES KEITH R 28 WEST 740 WARRENVILLE RD WARRENVILLE IL 60555
45 SB575 161549670 COOK CURTIS E W5003 SALISBURY ROAD RIO WI 53960
45 SB572 161551007 COOK TERI LYN 1138 CINDY LANSING MI 48917
45 SB572 161551742 FERRELL KEENAN 2533 WEST PALMER STREET CHICAGO IL 60647
45 SB575 161551809 TRUEBA DIANA I I 2033 NORTH KEELER AVENUE CHICAGO IL 60639
45 SB572 161551940 RINALDI COLEMAN 7458 BALDWIN CREEK DRIVE MIDDLEBURG HEIGHTS OH 44130
45 SB572 161552278 COLEMAN GERALD S 8097 WREN DRIVE MACEDONIA OH 44056
45 SB572 161552401 BENTLEY RAYMOND 350 LAMOTHE WATERFORD MI 48327
45 SB572 161552435 GARRISON EDWARD T II 713 MARY COURT FENTON MI 48430
45 SB572 161552450 JOHNSON DAVID L 5318 MAYVIEW ROAD MINNETONKA MN 55345
45 SB575 161552823 DAOANG EVELYN C 6043 WEST MELROSE CHICAGO IL 60634
45 SB572 161553110 KOPPE JEFFREY M 2312 4TH AVENUE NORTH RIVERSIDE IL 60546
45 SB572 161553300 GORDON MELISSA L 2305 CALHOUN STREET SOUTH INDIANAPOLIS IN 46203
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
161392063 80,200.00 79,963.77 02/01/97 01/01/27 11.000 10.000 17.000 6.000
161419791 238,000.00 237,373.47 05/01/97 04/01/27 9.250 8.250 15.250 4.500
161465976 67,000.00 67,000.00 11/01/97 10/01/27 9.125 8.125 15.125 4.500
161500491 22,100.00 22,100.00 11/01/97 10/01/27 9.000 8.000 15.000 4.500
161512348 99,400.00 99,400.00 11/01/97 10/01/27 11.125 10.125 17.125 6.900
161519087 90,000.00 90,000.00 11/01/97 10/01/27 9.875 8.875 15.875 5.000
161520085 350,000.00 350,000.00 10/01/97 09/01/27 9.625 8.625 15.625 5.000
161524574 95,200.00 95,200.00 11/01/97 10/01/27 12.375 11.375 18.375 7.250
161525142 111,930.00 111,930.00 10/01/97 09/01/27 9.625 9.625 15.625 6.300
161527486 101,800.00 101,800.00 11/01/97 10/01/27 10.500 9.500 16.500 5.750
161530522 42,400.00 42,400.00 11/01/97 10/01/27 12.000 11.000 18.000 7.250
161531355 65,000.00 65,000.00 11/01/97 10/01/27 9.750 9.750 15.750 6.000
161532684 320,000.00 320,000.00 11/01/97 10/01/27 9.875 8.875 15.875 5.000
161533062 45,000.00 44,983.95 10/01/97 09/01/27 11.000 10.000 17.000 6.800
161534250 249,900.00 249,763.50 10/01/97 09/01/27 9.000 8.000 15.000 4.500
161534896 122,000.00 122,000.00 11/01/97 10/01/27 10.625 10.625 16.625 7.250
161535588 112,000.00 112,000.00 11/01/97 10/01/27 9.625 8.625 15.625 5.000
161535737 80,000.00 79,972.99 10/01/97 09/01/27 11.250 10.250 17.250 6.800
161535836 70,000.00 69,980.52 10/01/97 09/01/27 12.125 11.125 18.125 7.400
161536388 52,000.00 52,000.00 11/01/97 10/01/27 12.625 11.625 18.625 7.500
161536982 110,000.00 109,953.87 10/01/97 09/01/27 10.250 9.250 16.250 5.750
161539069 98,600.00 98,538.72 10/01/97 09/01/27 8.375 7.375 14.375 3.750
161539374 74,200.00 74,200.00 11/01/97 10/01/27 10.500 9.500 16.500 5.750
161542022 150,000.00 150,000.00 11/01/97 10/01/27 9.875 9.875 15.875 6.000
161542337 178,000.00 177,914.73 10/01/97 09/01/27 9.625 9.625 15.625 6.050
161542493 40,800.00 40,800.00 11/01/97 10/01/27 8.375 7.375 14.375 3.750
161542527 130,000.00 129,944.01 10/01/97 09/01/27 10.125 9.125 16.125 5.500
161543400 139,500.00 139,500.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161543657 180,200.00 180,200.00 11/01/97 10/01/27 11.500 10.500 17.500 7.200
161543673 91,000.00 91,000.00 11/01/97 10/01/27 10.750 9.750 16.750 5.500
161543830 78,950.00 78,950.00 11/01/97 10/01/27 12.250 11.250 18.250 6.750
161544382 133,500.00 133,436.04 10/01/97 09/01/27 9.625 9.625 15.625 6.300
161544747 102,000.00 102,000.00 11/01/97 10/01/27 9.750 8.750 15.750 5.000
161545496 36,000.00 36,000.00 11/01/97 10/01/27 9.125 9.125 15.125 5.750
161546502 103,500.00 103,450.42 10/01/97 09/01/27 9.625 9.625 15.625 6.800
161546577 72,900.00 72,869.43 10/01/97 09/01/27 10.250 9.250 16.250 5.750
161546809 40,800.00 40,800.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
161546825 283,400.00 283,281.16 10/01/97 09/01/27 10.250 9.250 16.250 5.750
161547500 106,200.00 106,200.00 11/01/97 10/01/27 11.000 10.000 17.000 6.250
161547906 45,000.00 45,000.00 11/01/97 10/01/27 9.875 9.875 15.875 6.000
161547914 67,500.00 67,464.08 10/01/97 09/01/27 9.125 8.125 15.125 4.500
161548011 30,000.00 29,983.61 10/01/97 09/01/27 9.000 8.000 15.000 4.500
161548078 64,800.00 64,800.00 11/01/97 10/01/27 12.250 12.250 18.250 8.900
161548656 156,400.00 156,348.62 10/01/97 09/01/27 11.375 11.375 17.375 8.050
161548722 39,300.00 39,300.00 11/01/97 10/01/27 11.125 10.125 17.125 6.000
161549167 54,000.00 54,000.00 11/01/97 10/01/27 9.875 8.875 15.875 5.000
161549274 36,000.00 36,000.00 11/01/97 10/01/27 13.125 12.125 19.125 8.650
161549282 112,500.00 112,500.00 11/01/97 10/01/27 10.875 9.875 16.875 6.450
161549324 164,800.00 164,800.00 11/01/97 10/01/27 11.500 11.500 17.500 8.050
161549480 93,600.00 93,581.25 10/01/97 09/01/27 13.375 12.375 19.375 8.250
161549597 137,700.00 137,658.35 10/01/97 09/01/27 11.750 10.750 17.750 7.000
161549670 93,600.00 93,600.00 11/01/97 10/01/27 9.875 8.875 15.875 5.250
161551007 119,000.00 119,000.00 11/01/97 10/01/27 10.750 9.750 16.750 6.500
161551742 144,000.00 144,000.00 11/01/97 10/01/27 11.000 10.000 17.000 6.250
161551809 63,700.00 63,700.00 11/01/97 10/01/27 10.000 10.000 16.000 6.125
161551940 144,000.00 144,000.00 11/01/97 10/01/27 10.250 9.250 16.250 5.750
161552278 78,000.00 78,000.00 11/01/97 10/01/27 10.625 9.625 16.625 5.500
161552401 138,600.00 138,600.00 11/01/97 10/01/27 10.125 9.125 16.125 5.400
161552435 69,700.00 69,700.00 11/01/97 10/01/27 11.000 10.000 17.000 6.500
161552450 104,000.00 104,000.00 11/01/97 10/01/27 9.625 8.625 15.625 5.000
161552823 125,100.00 125,100.00 11/01/97 10/01/27 10.875 9.875 16.875 6.250
161553110 120,000.00 120,000.00 11/01/97 10/01/27 12.750 11.750 18.750 7.500
161553300 51,000.00 51,000.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
</TABLE>
<PAGE>
<TABLE>
Page 2 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE A
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2--2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES--SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SB572 161553318 COUCH STEVEN M 1116 MALVINA AVE INDIANAPOLIS IN 46201
45 SB572 161553979 RICHARDSON ELLIS 98 WENONAH PONTIAC MI 48341
45 SB572 161554852 RIOPELLE STEVEN 7640 GEIGER ROAD IDA MI 48182
45 SB572 161555156 GLUCKMAN MARK A 16 WEST SAINT ANDREWS LANE DEERFIELD IL 60015
45 SB575 161555677 JOHNSON THERESA 1157 COUNTRY GLEN LANE CAROL STREAM IL 60188
45 SB575 161555743 KIDD GERALD F 9512 GAYLORD AVENUE CLEVELAND OH 44105
45 SB572 161555867 CEPEDA JUANA 1538 SOUTH TRUMBULL AVENUE CHICAGO IL 60623
45 SB572 161556493 PADELFORD DAVID M 445 155TH AVENUE NW ANDOVER MN 55304
45 SB572 161557038 CASH MICHAEL R 26777 NAPIER ROAD SOUTH LYON MI 48178
45 SB572 161557046 WALKER WILLIAM 4495 CRYSTAL CREEK LAKE ORION MI 48362
45 SB572 161557079 TORGERSON DENNIS E 140 103RD AVENUE NW COON RAPIDS MN 55448
45 SB572 161557889 MAKKONEN GERARD A 9570 OUTLOOK WHITE LAKE MI 48386
45 SB572 161557954 SHARIF HAMID R 6726 HILLSIDE AVENUE INDIANAPOLIS IN 46220
45 SB572 161558333 YUTZY ROGER 716 EAST PROGRESS STREET ARTHUR IL 61911
45 SB575 161559182 ROSANOVA MICHAEL D 20253 KLINGER DETROIT MI 48234
45 SB572 161560701 TACKETT JOSEPH A 613 LEYLAND CT LAKE ORION MI 48362
45 SB572 161560933 PACK KENNETH 1201 FALL CREEK PKWY E DR INDIANAPOLIS IN 46205
45 SB575 161561774 MCFEELY SCOTT 14201 WEST DALEVILLE ROAD DALEVILLE IN 47334
45 SB572 161562426 RAKOZY LAWRENCE F 1395 ELM PLYMOUTH MI 48170
45 SB575 161563564 PARKER HERMAN 2925 FOX HILL ROAD AURORA IL 60504
45 SB572 161564869 RIVERA JOSE A 7614 JAMESON ROAD PARMA OH 44129
45 SB572 161567771 NUNEZ LUCILA 1743 WEST ERIE STREET CHICAGO IL 60622
45 SB572 161567797 ARMAN ROWAIDAH 3337 WEST ADAMS STREET CHICAGO IL 60624
45 SB572 161568696 RUSTOM MICHAEL ASAD 25888 LILA LANE DEARBORN HEIGHTS MI 48127
45 SBC574ADD 180004608 COHEN ELIYAHU 6915 169TH ST FLUSHING NY 11365
45 SBC573 180014854 MOORE EASTER 43 TEMPLE PL IRVINGTON NJ 07111
45 SBC574 180023400 PANORA LUIS 17 SOUTHWELL AVENUE DANBURY CT 06810
45 SBC92 180072290 CUNNINGHAM RAYMOND 45 FLORENCE AVENUE LEONARDO NJ 07737
45 SBC92 180129207 DUNCAN ROY D 2512 BIGGS HWY NORTH EAST MD 21901
45 SBC574 800156424 DAVIS NORMAN 60 WEBSTER IRVINGTON NJ 07111
45 SBC573 800179491 BROWN EUGENE 60 LINDSLEY AVE IRVINGTON NJ 07111
45 SBC574 800183683 NADOLNY DANIELLE 86 OLD BROADWAY GARDEN CITY PARK NY 11530
45 SBC573 800198756 SHARRER JAMES A 275 NORTH STREET KELAYRES PA 18231
45 SBC573 800198806 CONOVER GARY R 5205 MOYER ROAD PIPERSVILLE PA 18947
45 SBC573 800201105 OBAROWSKI MICHAEL 77 MERWIN LAKE RD KINDERHOOK NY 12106
45 SBC92 800214835 KROL WILLIAM F 119 RAYMOND STREET STRATFORD CT 06497
45 SBC574 800216509 JOSEPH FRANCOISE 984 LENOX RD BROOKLYN NY 11212
45 SBC573 800221459 COFFEY WILLIAM T 661 MINNESOTA AVENUE BUFFALO NY 14215
45 SBC574 800239220 MERRIGAN RICHARD J 1114 WEST ELM STREET SCRANTON PA 18504
45 SBC574ADD 800239295 SEAMAN JEREMY 103 14TH AVENUE BELMAR NJ 07719
45 SBC574 800241267 OKKEMA RICHARD W 237 ADDISON PLACE PARAMUS NJ 07652
45 SBC573 800245078 FOREMAN TAMMIE 853 CLEVELAND AVENUE SCHENECTADY NY 12303
45 SBC574 800249658 BLAINE LATHELL N 1156 MARTINE AVENUE PLAINFIELD NJ 07062
45 SBC573 800250326 FURLOW LYNN E 434 3RD STREET WEST FAIRVIEW PA 17024
45 SBC92 800251480 MEEKINS RACHEL D. 127 WARD AVE TRENTON NJ 08610
45 SBC573 800252587 SANTOS JOSE M 297 RIVER ROAD BOGOTA NJ 07603
45 SBC573 800257644 ROUTIE RICHARD 101-103 ALDINE ST NEWARK NJ 07101
45 SBC574 800260226 HERTZLER ANNE E RD #3 BOX 154 HOPEWELL RD ELVERSEN PA 19520
45 SBC573 800264475 CLEMENS THOMAS G 9 MILLER ROAD CANADENSIS PA 18325
45 SBC573 800265803 STAMETS CHARLES W 2428 PERSHING AVENUE ROSLYN PA 19001
45 SBC573 800267403 ASH MELVIN S 456 ASH ROAD MORGANTOWN PA 19543
45 SBC574 800269383 VITRANO STEPHEN M 4614 ASHLEY LANE BETHLEHEM PA 18017
45 SBC574 800270043 SIMKIN ERIC J 5 FOREST HILL DRIVE CHERRY HILL NJ 08003
45 SBC574 800270308 DUNSTON SAMUEL 145 10 176TH ST SPRINGFIELD GARDENS NY 11413
45 SBC92 800273211 BROWN RALPH E 8120 RUBY HARRISON ROAD BOZMAN MD 21601
45 SBC574 800273435 STANLEY LUSHIE 86 GULF STREET MILFORD CT 06460
45 SBC574 800273484 WOLF CHRISTOPHE S 419 FAWNS RUN MORGANVILLE NJ 07751
45 SBC573 800273518 PETRICK JOHN R 549 CARBON STREET FREELAND PA 18244
45 SBC573 800274961 STINSON JAMES H 173 SPIVEY GLEN JONESBORO GA 30236
45 SBC573 800275513 ALLEN ADOLPHUS E 253-30 148TH DR ROSEDALE NY 11422
45 SBC573 800275570 GELINEAU RICHARD 117 SUNSET RIDGE STAFFORD CT 06076
45 SBC573 800276149 YOUNG KENNETH G 151 N HAZEL STREET MANHEIM PA 17545
45 SBC574 800277774 STRONY GREGORY J 914 LINCOLN STREET DICKSON CITY PA 18519
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
161553318 67,200.00 67,200.00 10/01/97 09/01/27 8.750 7.750 14.750 4.250
161553979 70,800.00 70,800.00 11/01/97 10/01/27 13.000 12.000 19.000 7.800
161554852 104,000.00 104,000.00 11/01/97 10/01/27 9.875 8.875 15.875 5.250
161555156 450,000.00 450,000.00 11/01/97 10/01/27 10.250 10.250 16.250 6.500
161555677 140,000.00 140,000.00 11/08/97 10/08/27 11.750 10.750 17.750 6.250
161555743 35,700.00 35,700.00 11/01/97 10/01/27 10.625 9.625 16.625 5.750
161555867 64,000.00 64,000.00 11/01/97 10/01/27 11.000 11.000 17.000 7.500
161556493 92,000.00 92,000.00 11/01/97 10/01/27 12.750 11.750 18.750 7.500
161557038 95,000.00 95,000.00 11/01/97 10/01/27 9.875 8.875 15.875 5.550
161557046 175,000.00 175,000.00 11/01/97 10/01/27 7.625 7.625 13.625 4.150
161557079 100,300.00 100,300.00 11/01/97 10/01/27 11.125 10.125 17.125 6.500
161557889 104,800.00 104,800.00 11/01/97 10/01/27 12.500 11.500 18.500 7.950
161557954 69,600.00 69,600.00 11/01/97 10/01/27 9.750 8.750 15.750 5.000
161558333 49,300.00 49,300.00 11/01/97 10/01/27 11.000 10.000 17.000 6.500
161559182 32,900.00 32,900.00 11/01/97 10/01/27 11.250 10.250 17.250 6.000
161560701 211,700.00 211,700.00 11/01/97 10/01/27 9.125 9.125 15.125 5.700
161560933 72,200.00 72,200.00 11/01/97 10/01/27 11.875 10.875 17.875 7.000
161561774 68,400.00 68,400.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161562426 245,000.00 245,000.00 11/01/97 10/01/27 9.750 8.750 15.750 5.600
161563564 117,000.00 117,000.00 11/01/97 10/01/27 11.125 10.125 17.125 6.500
161564869 87,000.00 87,000.00 11/01/97 10/01/27 11.375 10.375 17.375 6.000
161567771 150,000.00 150,000.00 11/01/97 10/01/27 12.125 12.125 18.125 8.150
161567797 104,000.00 104,000.00 11/01/97 10/01/27 11.750 11.750 17.750 8.300
161568696 192,000.00 192,000.00 11/01/97 10/01/27 12.125 11.125 18.125 7.650
180004608 166,500.00 165,666.35 11/01/96 10/01/26 9.625 9.625 15.625 6.000
180014854 110,250.00 109,765.25 11/01/96 10/01/26 10.625 10.625 16.625 7.000
180023400 234,000.00 232,841.15 03/01/97 02/01/27 10.250 9.250 16.250 5.750
180072290 148,500.00 148,052.77 03/01/97 02/01/27 10.250 9.250 16.250 5.750
180129207 105,600.00 105,445.89 05/01/97 04/01/27 12.000 11.000 18.000 7.250
800156424 91,000.00 90,894.27 06/01/97 05/01/27 12.000 12.000 18.000 7.000
800179491 99,000.00 98,864.61 07/01/97 06/01/27 9.875 9.875 15.875 6.000
800183683 181,600.00 181,470.49 07/01/97 06/01/27 12.875 11.875 18.875 8.250
800198756 24,000.00 23,995.10 10/01/97 09/01/27 13.500 12.500 19.500 8.500
800198806 246,500.00 246,243.91 09/01/97 08/01/27 10.000 9.000 16.000 5.500
800201105 120,000.00 119,966.61 09/01/97 08/01/27 12.125 11.125 18.125 6.700
800214835 84,000.00 83,946.06 08/01/97 07/01/27 11.500 11.500 17.500 7.500
800216509 118,400.00 118,372.15 09/01/97 08/01/27 12.875 11.875 18.875 8.250
800221459 26,100.00 26,100.00 10/01/97 09/01/27 11.625 10.625 17.625 7.250
800239220 68,000.00 67,939.59 08/01/97 07/01/27 10.000 9.000 16.000 5.500
800239295 60,000.00 59,915.34 08/01/97 07/01/27 9.750 8.750 15.750 6.250
800241267 131,250.00 131,250.00 10/01/97 09/01/27 9.625 9.625 15.625 6.300
800245078 51,920.00 51,920.00 11/01/97 10/01/27 11.250 10.250 17.250 6.750
800249658 160,000.00 160,000.00 11/01/97 10/01/27 12.250 12.250 18.250 8.900
800250326 49,500.00 49,477.51 10/01/97 09/01/27 9.875 8.875 15.875 5.000
800251480 24,000.00 23,982.42 08/01/97 07/01/27 12.750 11.750 18.750 7.000
800252587 100,000.00 100,000.00 11/01/97 10/01/27 9.750 8.750 15.750 5.300
800257644 144,000.00 144,000.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800260226 78,625.00 78,578.58 10/01/97 09/01/27 8.625 7.625 14.625 3.750
800264475 145,780.00 145,700.37 10/01/97 09/01/27 9.000 8.000 15.000 5.000
800265803 83,250.00 82,935.50 09/01/97 08/01/27 10.375 10.375 16.375 6.750
800267403 124,500.00 124,447.79 10/01/97 09/01/27 10.250 9.250 16.250 6.250
800269383 197,100.00 197,100.00 11/01/97 10/01/27 9.625 8.625 15.625 5.000
800270043 172,350.00 172,196.88 09/01/97 08/01/27 10.000 9.000 16.000 6.500
800270308 149,400.00 149,400.00 11/01/97 10/01/27 11.000 10.000 17.000 6.050
800273211 357,500.00 357,081.46 07/01/97 06/01/27 10.625 10.625 16.625 7.000
800273435 80,000.00 79,971.47 10/01/97 09/01/27 11.000 11.000 17.000 7.600
800273484 500,000.00 500,000.00 11/01/97 10/01/27 10.000 10.000 16.000 6.650
800273518 34,000.00 33,992.00 10/01/97 09/01/27 12.875 11.875 18.875 7.500
800274961 133,200.00 133,147.07 10/01/97 09/01/27 10.500 9.500 16.500 5.750
800275513 253,800.00 253,597.40 09/01/97 08/01/27 10.500 10.500 16.500 6.875
800275570 91,875.00 91,838.49 09/01/97 08/01/27 10.500 9.500 16.500 6.100
800276149 63,200.00 63,200.00 11/01/97 10/01/27 12.250 11.250 18.250 7.300
800277774 67,590.00 67,561.65 09/01/97 08/01/27 10.250 9.250 16.250 5.750
</TABLE>
<PAGE>
<TABLE>
Page 3 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE A
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2--2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES--SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SBC573 800278509 DOUGLAS ANTHONY 2025 MORRIS AVENUE BRONX NY 10467
45 SBC573 800278566 ROBINSON MARLIN A 14 MERLIN AVENUE NEW FAIRFIELD CT 06812
45 SBC573 800279408 BASS DANA L 718 N 2ND STREET ALLENTOWN PA 18102
45 SBC573 800280190 BERTOLLO MARK A 1140 SOUTH SPRING AVENUE BERWICK PA 18603
45 SBC574 800280307 POWERS JOSEPH L 1 GARDEN STREET STONINGTON CT 06379
45 SBC574 800281289 MATTEI JOHN F 28 SPRING ROAD MILLSTONE TOWNSHIP NJ 08510
45 SBC573 800281313 LAVEYNE VICKI L 415-19 SIXTH STREET ALTOONA PA 16601
45 SBC573 800282253 ARNHEITER THEODORE L 152 BLUFF AVENUE WARWICK NY 10925
45 SBC574 800283152 TOWNSEND GEORGE H 230 ORWIG ROAD NEW FREEDOM PA 17349
45 SBC573 800285215 CHARLES MICHELLE 8715 SEAVIEW AVENUE BROOKLYN NY 11236
45 SBC573 800286023 NEGRI CARRIE L. 299 TIMBER RIDGE ROAD MIDDLETOWN CT 06457
45 SBC573 800286734 TORRES ALBA 905 LIBERTY AVENUE NORTH BERGEN NJ 07047
45 SBC574 800287070 SUAREZ JOSEPH 4 TARIN COURT WOODCLIFF LAKE NJ 07675
45 SBC573 800287245 REYNOLDS KENNETH 38 CORNELIA STREET BROOKLYN NY 11221
45 SBC573 800287542 DOBRIN JEANETTE 141 ROMA AVE STATEN ISLAND NY 10306
45 SBC573 800288177 TINGLEY EDWIN V 1401 REDHILL ROAD DAUPHIN PA 17018
45 SBC573 800288938 BRESCIA QUIRINO 21 LAFAYETTE AVENUE NEW ROCHELLE NY 10801
45 SBC573 800290454 WARNER JEANETTE Y 329 CHESTNUT STREET MT. HOLLY SPRINGS PA 17065
45 SBC573 800291437 ZITO MICHAEL C 265 KIEFER STREET EASTON PA 18042
45 SBC573 800292294 SOBON GEORGE T 205 QUINN STREET NAUGATUCK CT 06770
45 SBC573 800292930 BRUNO MAUREEN 178 DOVER GREEN STATEN ISLAND NY 10312
45 SBC573 800292963 IULIUCCI LOUIS 147 FOREST AVENUE WEST BABYLON NY 11704
45 SBC574 800293128 MARZEC KEITH F 151 FAIRBANKS TONAWANDA NY 14150
45 SBC573 800293391 HARRINGTON ANTHONY J 3620 MONTICELLO COMMONS NORCROSS GA 30092
45 SBC573 800295735 HAAG MATTHEW J 324 BRANDON AVENUE WILLIAMSPORT PA 17701
45 SBC573 800296782 GREENBERG JEFFREY 29 CATHERINE ST SCHENECTADY NY 12307
45 SBC573 800296881 MILLS LEO F 511 CHESTNUT STREET DUNMORE PA 18512
45 SBC573 800298523 GEORGE FRANCIS M 220 HAMILTON AVENUE DARBY PA 19023
45 SBC574 800298556 RUTHERFORD ROBERT PAUL 1573 SOUTH SHERMAN DENVER CO 80210
45 SBC574 800299299 MILES GERALD A 1026 WEST 800 NORTH SALT LAKE CITY UT 84116
45 SBC573 800300915 GELVIN BRIAN MARK RD 1 BOX 352 A HOPEWELL PA 16650
45 SBC573 800301814 LADOTUN MORYAM 1589 E 95TH STREET BROOKLYN NY 11236
45 SBC573 800302291 PEKTAS PAUL M. 200 REAGHARD DRIVE CHESWICK PA 15024
45 SBC574 800302648 SINGH BASMATTEE 295 ETNA ST BROOKLYN NY 11208
45 SBC573 800304255 WALTER ROGER A 10 MAIN STREET MCALISTERVILLE PA 17049
45 SBC573 800304735 RAYMOND PATRICK 646 EAST 223RD STREET BRONX NY 10466
45 SBC574 800305872 GARGIULO JAMES J 597 STUDIO ROAD RIDGEFIELD NJ 07657
45 SBC573 800305930 ANDALORO ANNA 2039 SOUTH RAILROAD STATEN ISLAND NY 10301
45 SBC573 800306128 HAMPSON LEONARD J 8 ONTARIO STREET PORT JEFFERSON STATI NY 11776
45 SBC573 800306185 DEMARCO DANIELLE 27 BUEL AVENUE STATEN ISLAND NY 10304
45 SBC574 800306557 DRURY JAMES G 1309 AMHERST STREET SCRANTON PA 18504
45 SBC573 800307712 LENTZ BRIAN K 1298 WEST PRINCESS STREET YORK PA 17404
45 SBC573 800308827 FRITZ KURT J 99 CUMMINGS DRIVE ORANGE CT 06477
45 SBC573 800309619 SCHMUTZ DONNA M 678 PROPOSED AVENUE FRANKLIN TOWNSHIP NJ 08322
45 SBC573 800310633 SARNO VICTORIA M LOT 196 MOUNTAIN ROAD POCONO MTN. LAKE PA 18661
45 SBC573 800310955 CRICH JOHN T 156 PINE STREET PITTSTON PA 18640
45 SBC573 800311862 COZINE CHARLES W 4110 SOUTH PENNSYLVANIA ST ENGLEWOOD CO 80110
45 SBC574 800312167 NEAR LEESA 7125 W UTOPIA GLENDALE AZ 85308
45 SBC573 800312241 BOYCE OWEN 164 PARKWAY DRIVE EAST EAST ORANGE NJ 07017
45 SBC574 800313843 MONTERO LUIS 427 70TH STREET GUTTENBERG NJ 07092
45 SBC574 800315509 FEARMAN DANIEL J 9750 MOUNTAIN ROAD CHIPITA PARK CO 80809
45 SBC574 800315525 SIEGEL JARED 47 JACKSON MILLS ROAD JACKSON NJ 08527
45 SBC573 800315806 SNEE THOMAS J 14 TOWNERS ROAD KENT NY 10512
45 SBC573 800315962 OSBURNE EMMA J 2000 47TH STREET SOUTH ST PETERSBURG FL 33711
45 SBC574 800317372 FUHRMAN JOHN CHARLES 117 NORTH PROSPECT AVENUE BERGENFIELD NJ 07621
45 SBC573 800319063 DE ANGELIS GAETANO L ROUTE 115 & S OF RTE 903 TUNKHANNOCK TWP PA 18610
45 SBC574 800320657 FITZ JOSEPH A 28 LOT MOUNTAIN VIEW ESTAT BLAKESLEE PA 18610
45 SBC573 800321432 AMSTERDAM GEORGE 583 JEROME STREET BROOKLYN NY 11208
45 SBC574 800322083 DIETER DARWIN D 240 GUINEA ROAD KEMPTON PA 19529
45 SBC573 800322521 CARUSO GUY F. 122 HILLSIDE ROAD BRAINTREE MA 02184
45 SBC573 800322943 MOYES QUINN B 1065 SOUTH WEST SIDE DRIVE LAYTON UT 84041
45 SBC573 800324303 DUBREUIL ALPHONSE T 324 GRASSY HILL ROAD LYME CT 06371
45 SBC573 800324311 WECKMAN JACQUELINE 244 WEST MAPLE AVENUE AMBLER PA 19002
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800278509 150,300.00 150,300.00 11/01/97 10/01/27 10.875 9.875 16.875 5.950
800278566 132,000.00 131,962.23 10/01/97 09/01/27 12.000 11.000 18.000 7.250
800279408 48,000.00 47,985.87 10/01/97 09/01/27 11.875 10.875 17.875 7.050
800280190 44,100.00 43,644.68 10/01/97 09/01/27 9.250 8.250 15.250 4.500
800280307 100,300.00 100,300.00 11/01/97 10/01/27 12.500 11.500 18.500 8.050
800281289 209,000.00 209,000.00 11/01/97 10/01/27 10.750 9.750 16.750 5.500
800281313 25,510.00 25,502.70 10/01/97 09/01/27 12.000 11.000 18.000 8.500
800282253 58,000.00 57,979.32 10/01/97 09/01/27 11.000 10.000 17.000 6.000
800283152 160,000.00 159,934.69 09/01/97 08/01/27 13.500 12.500 19.500 8.550
800285215 180,000.00 179,899.09 10/01/97 09/01/27 8.875 7.875 14.875 4.600
800286023 107,100.00 107,100.00 11/01/97 10/01/27 11.125 10.125 17.125 6.500
800286734 136,000.00 136,000.00 10/01/97 09/01/27 12.250 12.250 18.250 8.900
800287070 430,000.00 429,829.12 10/01/97 09/01/27 10.500 10.500 16.500 7.150
800287245 170,000.00 169,945.68 10/01/97 09/01/27 11.500 10.500 17.500 7.200
800287542 162,000.00 161,924.41 10/01/97 09/01/27 9.750 9.750 15.750 6.400
800288177 52,000.00 51,973.74 10/01/97 09/01/27 9.375 8.375 15.375 4.750
800288938 201,500.00 201,366.99 09/01/97 08/01/27 11.375 10.375 17.375 6.800
800290454 53,740.00 53,723.74 10/01/97 09/01/27 11.750 10.750 17.750 7.000
800291437 85,500.00 85,437.06 10/01/97 09/01/27 10.875 9.875 16.875 6.300
800292294 88,000.00 87,972.64 10/01/97 09/01/27 11.625 10.625 17.625 7.150
800292930 105,600.00 105,560.24 10/01/97 09/01/27 10.750 10.750 16.750 7.400
800292963 85,000.00 84,959.28 10/01/97 09/01/27 9.625 9.625 15.625 6.200
800293128 66,212.00 66,193.58 10/01/97 09/01/27 12.125 11.125 18.125 7.550
800293391 79,900.00 79,880.67 10/01/97 09/01/27 12.750 11.750 18.750 8.050
800295735 56,000.00 55,973.87 10/01/97 09/01/27 9.750 8.750 15.750 5.250
800296782 50,000.00 50,000.00 10/01/97 09/01/27 12.750 11.750 18.750 7.950
800296881 51,200.00 51,180.19 10/01/97 09/01/27 10.625 9.625 16.625 6.050
800298523 45,900.00 45,888.25 10/01/97 09/01/27 12.500 11.500 18.500 8.050
800298556 109,800.00 109,800.00 10/01/97 09/01/27 10.125 10.125 16.125 6.800
800299299 76,800.00 76,800.00 10/01/97 09/01/27 12.750 11.750 18.750 8.000
800300915 90,200.00 90,200.00 11/01/97 10/01/27 10.625 9.625 16.625 6.250
800301814 157,500.00 157,443.84 10/01/97 09/01/27 11.000 10.000 17.000 6.400
800302291 96,000.00 95,976.11 10/01/97 09/01/27 12.625 11.625 18.625 7.850
800302648 177,000.00 177,000.00 10/01/97 09/01/27 10.875 9.875 16.875 6.675
800304255 29,150.00 29,150.00 11/01/97 10/01/27 12.625 11.625 18.625 7.850
800304735 207,000.00 207,000.00 10/01/97 09/01/27 11.375 10.375 17.375 7.150
800305872 206,000.00 206,000.00 11/01/97 10/01/27 10.000 9.000 16.000 6.500
800305930 125,900.00 125,849.97 10/01/97 09/01/27 10.500 10.500 16.500 7.150
800306128 87,975.00 87,975.00 11/01/97 10/01/27 11.875 10.875 17.875 7.550
800306185 157,500.00 157,500.00 11/01/97 10/01/27 11.000 10.000 17.000 6.800
800306557 68,000.00 67,977.04 10/01/97 09/01/27 11.250 10.250 17.250 6.800
800307712 49,520.00 49,507.68 10/01/97 09/01/27 12.625 11.625 18.625 7.500
800308827 160,000.00 159,910.30 10/01/97 09/01/27 8.875 8.875 14.875 5.500
800309619 59,500.00 59,482.60 10/01/97 09/01/27 11.750 10.750 17.750 7.550
800310633 50,400.00 50,400.00 11/01/97 10/01/27 9.750 8.750 15.750 5.000
800310955 72,000.00 71,983.06 10/01/97 09/01/27 12.875 11.875 18.875 8.050
800311862 86,400.00 86,400.00 11/01/97 10/01/27 10.750 10.750 16.750 7.250
800312167 180,000.00 179,904.21 10/01/97 09/01/27 9.125 8.125 15.125 4.500
800312241 88,000.00 88,000.00 11/01/97 10/01/27 13.000 12.000 19.000 8.300
800313843 155,000.00 155,000.00 11/01/97 10/01/27 11.500 10.500 17.500 7.150
800315509 108,715.00 108,715.00 11/01/97 10/01/27 10.375 9.375 16.375 6.000
800315525 162,000.00 162,000.00 11/01/97 10/01/27 9.750 9.750 15.750 6.400
800315806 38,320.00 38,320.00 11/01/97 10/01/27 9.750 8.750 15.750 5.250
800315962 45,900.00 45,900.00 11/01/97 10/01/27 10.250 9.250 16.250 5.750
800317372 124,000.00 124,000.00 11/01/97 10/01/27 10.000 9.000 16.000 6.000
800319063 134,000.00 134,000.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800320657 151,650.00 151,650.00 11/01/97 10/01/27 9.625 9.625 15.625 6.250
800321432 123,000.00 123,000.00 11/01/97 10/01/27 9.375 8.375 15.375 4.800
800322083 93,500.00 93,500.00 11/01/97 10/01/27 9.250 8.250 15.250 5.250
800322521 138,000.00 138,000.00 11/01/97 10/01/27 10.625 9.625 16.625 5.750
800322943 191,250.00 191,250.00 10/01/97 09/01/27 10.250 9.250 16.250 6.500
800324303 143,000.00 143,000.00 11/01/97 10/01/27 8.750 7.750 14.750 4.450
800324311 42,000.00 41,985.02 10/01/97 09/01/27 11.000 10.000 17.000 6.600
</TABLE>
<PAGE>
<TABLE>
Page 4 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE A
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2--2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES--SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SBC573 800324527 MURRAY JAMES C 16454 LEE ROAD DEXTER NY 13634
45 SBC573 800325433 CHAU MAGGIE 5483 EAST 128TH COURT THORNTON CO 80241
45 SBC573 800325466 BUTLER PAUL B 1147 SOUTH WATER STREET SILVERTON OR 97381
45 SBC573 800326217 SUSCA MD VITO J 243 NATICK STREET STATEN ISLAND NY 10306
45 SBC573 800326803 HAWKINS ERIC G 1525 STONEWALL LONGVIEW TX 75604
45 SBC573 800327231 MAFFEI KATHY LYNN 1612 DANIELS DRIVE NORTH FORT MYERS FL 33917
45 SBC574 800327587 DAVIS DUANE A 682 IRISH HILL ROAD FELTON DE 19943
45 SBC574 800328031 RUSSOMAGNO GERARD 1 ALPAUGH FARM ROAD TEWKSBURY NJ 08833
45 SBC574 800328239 MARSHALL SCOTT A RR 2 BOX 155C LINDEN PA 17744
45 SBC574 800330631 BRIGANTI VINCENT 701 SHELDON AVENUE STATEN ISLAND NY 10312
45 SBC573 800330672 EDWARDS DENNIS F 6122 SOUTH JERICHO WAY AURORA CO 80016
45 SBC574 800331423 FONTANEZ VICTOR 623 CHEROKEE STREET BETHLEHEM PA 18015
45 SBC574 800331803 STEWART ENA 99 HARLAND AVE WATERBURY CT 06705
45 SBC573 800332389 ANKENY STEPHEN B 3786 EAST CAMPBELL AVENUE GILBERT AZ 85234
45 SBC573 800332652 HINTZE JIM 9544 SOUTH SKYE PARK ROAD SOUTH JORDAN UT 84095
45 SBC573 800332769 HILL ANTHONY P 25212 RECIFE DRIVE PUNTA GORDA FL 33983
45 SBC573 800333379 BALDONI MARK J 701 MOOSIC STREET SCRANTON PA 18505
45 SBC574 800333783 WHITAKER PHILLIP ANDREW 3975 JESS HACKETT ROAD CLIMAX NC 27233
45 SBC574 800334385 CARDINAL ROINE E 317 BALLENTINE ESTATES ROA IRMO SC 29063
45 SBC574 800334393 LAPENNA ANTHONY 507 MONROE BOULEVARD LONG BEACH NY 11561
45 SBC573 800334807 HENNE MICHAEL W 3998 RECKER DRIVE NORTHAMPTON PA 18067
45 SBC573 800335051 REID PAULINE 21707 102ND AVE QUEENS VILLAGE NY 11429
45 SBC573 800335689 GOODWIN KIM T 6653 LINCOLN DRIVE PHILADELPHIA PA 19119
45 SBC573 800337396 WILLIAMS THEODORE M 27 MCCARTHY DRIVE BUFFALO NY 14211
45 SBC573 800338055 RICHARDS JAMES MICHAEL 5918 BOTTOM ROAD SLATINGTON PA 18080
45 SBC574 800338972 CUNNINGHAM THOMAS L 2015 KENSINGTON STREET HARRISBURG PA 17104
45 SBC574 800339681 GETZ TODD 40549 STEAMBOAT DRIVE STEAMBOAT SPRINGS CO 80477
45 SBC573 800340697 WILLIAMS RANDALL K 332 BEDFORD STREET CLARKS SUMMIT PA 18411
45 SBC573 800341307 SCHOUTEN ROBERT D 471 NORTH JESSE STREET CHANDLER AZ 85225
45 SBC573 800341562 MANSON JAMES 13515 SUMMERTON DRIVE ORLANDO FL 32824
45 SBC573 800342347 CARDILLO LAWRENCE T 117 LEA STREET MUNHALL PA 15120
45 SBC573 800342354 DRDUL DAVID 25 MCKEE AVENUE MONESSEN PA 15062
45 SBC573 800343279 LITCHMORE ALLEN M 105 34 AVENUE M BROOKLYN NY 11236
45 SBC573 800344202 PETERS NICHOLAS 3488 BALSAM BLVD SE PORT ORCHARD WA 98366
45 SBC573 800344640 GORITY THOMAS W RD 3 BOX 219C ALTOONA PA 16602
45 SBC573 800344723 LATTUGA RICHARD 228 ALBOURNE AVENUE STATEN ISLAND NY 10309
45 SBC573 800345142 BAIN MARTHA S 479 49TH AVENUE NORTH ST PETERSBURG FL 33703
45 SBC573 800345225 BLALOCK T DIANN 3121 TYNDALL DRIVE VALDOSTA GA 31602
45 SBC574 800346124 VANCE GEORGETTE 3142 PRIMROSE DRIVE HOLIDAY FL 34691
45 SBC573 800346256 RANDALL DEE 2006 EAST 6825 NORTH LIBERTY UT 84310
45 SBC574 800346264 GOINGS NEAL R RT 1 BOX 418 LONGVIEW TX 75602
45 SBC573 800346389 BROWN RICKIE L. 10032 VINEYARD LANE PORT RICHEY FL 34668
45 SBC573 800346587 KELLEY PAMELA 84 WARRIOR ROAD COMO CO 80432
45 SBC573 800346702 SEIGHMAN TERRY L 120 SIXTH AVENUE NEW EAGLE PA 15067
45 SBC573 800347122 NATERA EDGARDO 20 MAIDEN LANE SEYMOUR CT 06483
45 SBC574 800347510 BAGHDADI JACQUES 1304 AVENUE T BROOKLYN NY 11229
45 SBC574 800347890 SHEELY STEVEN A 2 SPARTAN CIRCLE CAMP HILL PA 17011
45 SBC573 800347924 PARKER, ERWIN KENNETH 1803 SHANTIA COURT VALRICO FL 33594
45 SBC573 800348252 SMITH JEFFREY DAVID 0125 TOWNSHIP WAY BRECKENRIDGE CO 80424
45 SBC574 800348435 CIARLO FRANCESCO 101 ROOSEVELT AVENUE INWOOD NY 11096
45 SBC573 800348609 RIDEOUT TYRONE 852 PROSPECT STREET YORK PA 17403
45 SBC573 800348617 CHINAULT EDWARD E 2137 SYCAMORE ROAD YORK PA 17404
45 SBC574 800349409 DAVIS SHEILA M 64 FOREST AVENUE FREEPORT NY 11520
45 SBC573 800349599 CRAWFORD WILLIAM R 1937 NUREMBERG BOULEVARD PUNTA GORDA FL 33983
45 SBC573 800349698 GERMINSKY ROBERT A 1522 MEGAN CIRCLE STEWARTSVILLE NJ 08886
45 SBC574 800349946 RIVERA CHARLES 1264 MOTOR PARKWAY CENTRAL ISLIP NY 11722
45 SBC574 800350662 FLYNN JOSEPH 37 LEWIS STREET GROTON CT 06340
45 SBC573 800351280 FITZGERALD JANICE A 2 HEATHER LANE LEVITTOWN PA 19055
45 SBC574 800351496 RUFFINO GLEN J. 22 LAURA LANE PARK RIDGE NJ 07656
45 SBC573 800351587 POLANCO ROBERT 17 SANDY LANE EATONTOWN NJ 07724
45 SBC574 800352197 NIEVES JANET 4772 WEST DRIVE FORT MYERS FL 33907
45 SBC574 800353039 KILMER CHARLES A RR 3 BOX 290 CANTON PA 17724
45 SBC574 800353054 GARRETT COMPTON 9027 FLATLANDS AENUE BROOKLYN NY 11225
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800324527 52,000.00 52,000.00 10/01/97 09/01/27 9.750 8.750 15.750 5.200
800325433 136,210.00 136,210.00 11/01/97 10/01/27 9.625 8.625 15.625 5.000
800325466 110,250.00 110,250.00 11/01/97 10/01/27 8.500 8.500 14.500 5.000
800326217 373,500.00 373,500.00 11/01/97 10/01/27 9.750 9.750 15.750 6.300
800326803 80,550.00 80,514.37 10/01/97 09/01/27 10.000 9.000 16.000 5.750
800327231 68,000.00 68,000.00 11/01/97 10/01/27 11.250 11.250 17.250 7.500
800327587 65,600.00 65,600.00 11/01/97 10/01/27 11.000 10.000 17.000 6.250
800328031 350,000.00 350,000.00 11/01/97 10/01/27 10.125 9.125 16.125 5.800
800328239 23,250.00 23,250.00 11/01/97 10/01/12 12.500 11.500 18.500 7.750
800330631 184,450.00 184,450.00 11/01/97 10/01/27 10.125 9.125 16.125 5.900
800330672 209,600.00 209,600.00 11/01/97 10/01/27 7.625 6.625 13.625 3.000
800331423 62,100.00 62,100.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800331803 81,600.00 81,558.00 08/01/97 07/01/27 12.500 11.500 18.500 8.000
800332389 244,000.00 244,000.00 11/01/97 10/01/27 8.875 8.875 14.875 5.550
800332652 207,000.00 206,898.18 10/01/97 09/01/27 9.500 8.500 15.500 5.250
800332769 115,000.00 115,000.00 11/01/97 10/01/27 11.625 10.625 17.625 7.000
800333379 26,350.00 26,350.00 11/01/97 10/01/27 11.125 10.125 17.125 6.500
800333783 73,800.00 73,800.00 11/01/97 10/01/17 11.250 10.250 17.250 6.750
800334385 196,350.00 196,350.00 11/01/97 10/01/27 10.250 9.250 16.250 5.950
800334393 182,385.00 182,385.00 11/01/97 10/01/27 10.625 9.625 16.625 6.000
800334807 149,300.00 149,246.76 10/01/97 09/01/27 11.000 10.000 17.000 6.800
800335051 233,750.00 233,671.41 10/01/97 09/01/27 11.250 10.250 17.250 7.000
800335689 101,150.00 101,150.00 11/01/97 10/01/27 11.875 10.875 17.875 7.000
800337396 142,950.00 142,950.00 10/01/97 09/01/27 10.875 9.875 16.875 6.550
800338055 110,160.00 110,091.54 10/01/97 09/01/27 8.375 8.375 14.375 5.000
800338972 44,115.00 44,101.65 10/01/97 09/01/27 11.750 10.750 17.750 7.000
800339681 145,800.00 145,800.00 11/01/97 10/01/27 10.000 9.000 16.000 5.750
800340697 76,500.00 76,500.00 11/01/97 10/01/27 9.875 8.875 15.875 5.000
800341307 168,300.00 168,300.00 11/01/97 10/01/27 9.625 8.625 15.625 5.400
800341562 85,900.00 85,868.53 10/01/97 09/01/27 10.875 9.875 16.875 6.550
800342347 28,000.00 27,988.87 10/01/97 09/01/27 10.500 9.500 16.500 6.150
800342354 32,000.00 32,000.00 11/01/97 10/01/27 13.000 12.000 19.000 8.200
800343279 218,700.00 218,613.10 10/01/97 09/01/27 10.500 9.500 16.500 5.875
800344202 63,700.00 63,700.00 11/01/97 10/01/27 10.750 9.750 16.750 6.000
800344640 48,000.00 48,000.00 11/01/97 10/01/27 11.625 10.625 17.625 7.000
800344723 487,500.00 487,500.00 11/01/97 10/01/27 13.500 12.500 19.500 8.150
800345142 41,850.00 41,829.95 10/01/97 09/01/27 9.625 8.625 15.625 5.000
800345225 54,900.00 54,900.00 11/01/97 10/01/27 9.750 8.750 15.750 5.550
800346124 26,000.00 26,000.00 11/01/97 10/01/27 11.250 10.250 17.250 7.000
800346256 208,000.00 208,000.00 11/01/97 10/01/27 11.000 10.000 17.000 6.500
800346264 100,000.00 100,000.00 11/01/97 10/01/27 9.500 8.500 15.500 5.000
800346389 36,000.00 36,000.00 11/01/97 10/01/27 8.750 7.750 14.750 3.750
800346587 58,800.00 58,800.00 11/01/97 10/01/27 12.000 11.000 18.000 7.250
800346702 46,000.00 46,000.00 11/01/97 10/01/27 9.000 8.000 15.000 4.500
800347122 29,600.00 29,600.00 11/01/97 10/01/27 9.750 8.750 15.750 5.150
800347510 390,000.00 390,000.00 11/01/97 10/01/27 10.875 9.875 16.875 6.500
800347890 264,000.00 264,000.00 11/01/97 10/01/27 10.750 9.750 16.750 6.500
800347924 82,400.00 82,400.00 11/01/97 10/01/27 9.875 8.875 15.875 5.500
800348252 332,000.00 332,000.00 11/01/97 10/01/27 9.000 8.000 15.000 4.750
800348435 142,400.00 142,400.00 11/01/97 10/01/27 8.750 8.750 14.750 5.250
800348609 52,000.00 52,000.00 11/01/97 10/01/27 12.250 11.250 18.250 7.500
800348617 84,150.00 84,150.00 11/01/97 10/01/27 9.500 8.500 15.500 5.250
800349409 118,800.00 118,800.00 11/01/97 10/01/27 10.125 10.125 16.125 6.800
800349599 122,400.00 122,400.00 11/01/97 10/01/27 12.625 11.625 18.625 7.500
800349698 162,500.00 162,500.00 11/01/97 10/01/27 9.750 8.750 15.750 5.750
800349946 108,000.00 108,000.00 11/01/97 10/01/27 10.125 9.125 16.125 5.750
800350662 90,000.00 90,000.00 11/01/97 10/01/27 9.875 8.875 15.875 5.250
800351280 72,000.00 72,000.00 11/01/97 10/01/27 9.500 8.500 15.500 5.250
800351496 208,800.00 208,800.00 11/01/97 10/01/27 10.250 9.250 16.250 5.500
800351587 243,750.00 243,636.28 10/01/97 09/01/27 9.750 8.750 15.750 5.250
800352197 58,000.00 58,000.00 11/01/97 10/01/27 11.625 10.625 17.625 7.250
800353039 87,300.00 87,300.00 11/01/97 10/01/27 9.875 8.875 15.875 5.500
800353054 246,500.00 246,500.00 11/01/97 10/01/27 10.625 10.625 16.625 7.300
</TABLE>
<PAGE>
<TABLE>
Page 5 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE A
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2--2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES--SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SBC573 800353112 MOATE LOLA J 115 ELEVENTH STREET GREENVILLE PA 16125
45 SBC573 800353468 ELLINGTON DARRELL V 430 MANGO AVENUE GOODLAND FL 34140
45 SBC573 800355018 FLORES VIRGINIA G 1814 E HIDALGO AVENUE PHOENIX AZ 85040
45 SBC574 800355059 FREED LONNIE L RR 2 BOX 436 RICHFIELD PA 17086
45 SBC573 800356024 SWEINHAGEN PAUL B 1509 EAST CHERRY LYNN RD PHOENIX AZ 85014
45 SBC574 800356347 CHERY MARIE CARMEN 183 SOUTH 2ND STREET BROOKLYN NY 11211
45 SBC573 800356776 BRADLEY BERNICE H 4415 MILGATE STREET PITTSBURGH PA 15224
45 SBC573 800357279 PEREZ RAYMOND K 176 BLACK BIRCH WAY TOBYHANNA PA 18466
45 SBC573 800357386 YOO CHANG YOUNG 4212 SOUTH EDWARDS DRIVE SALT LAKE CITY UT 84124
45 SBC573 800357782 FULMORE THEODIS 3240 NORTHWEST 14TH PLACE FORT LAUDERDALE FL 33311
45 SBC573 800358780 CAREY DAWN RR 3 BOX 3611 MAIN STREET NICHOLSON PA 18446
45 SBC574 800358798 CLEMENTS CLAIBORNE J 408 RESERVOIR RIDGE ROAD EAST STROUDSBURG PA 18301
45 SBC573 800358988 EVERETT TODD W 8526 BUMBLEBEE WAY TOBYHANNA PA 18466
45 SBC573 800364135 SNEAD GREGORY 28 VANDEWATER STREET PROVIDENCE RI 02909
45 SBC573 800364689 SALERNO TIMOTHY C. 10851 VALENCIA TERRACE SEMINOLE FL 33772
45 SBC574 800366452 MARCHIONNI MARIO 362-368 PEARL HARBOR ST BRIDGEPORT CT 06605
45 SBC573 800367351 WESTFALL DOROTHY A 4695 WEST 5175 SOUTH SALT LAKE CITY UT 84118
45 SBC573 800367534 DAVIS ANDREA C 3026 MERWYN AVENUE PITTSBURGH PA 15204
45 SBC573 800367682 CASTILLO VICTOR 94 D BRIARCLIFF TERRACE TOBYHANNA PA 18466
45 SBC574 800368250 WICKER FRANK O 175 MF BOWEN ROAD HUNTINGTOWN MD 20639
45 SBC573 800368607 NELSON CAROLE ANN 592 EAST MARIALANA WAY NORTH SALT LAKE UT 84054
45 SBC574 800369662 HAGEN JOHN 1415 SHORT STREET NANTY GLO PA 15943
45 SBC573 800370165 D'ARCY HARRY E 3851 WESTWICK WAY KENNESAW GA 30144
45 SBC573 800370561 GOLPARVAR KUYOMARS 16 EXECUTIVE DR HAUPPAUGE NY 11788
45 SBC574 800375537 CHANDLER ROBERT E 6990 ROLLING VIEW DRIVE COLORADO SPRINGS CO 80925
45 SBC574 800376402 IOVANE VINCENT P. 970 ALHAMBRA ROAD BALDWIN NY 11510
45 SBC574 800376493 APODACA RICHARD X 20907 E BELLVIEW PLACE AURORA CO 80015
45 SBC574 800378986 BENDEN JOSEPH 10 HARBOUR LANE MASSAPEQUA NY 11758
45 SBC574 800381626 METCALF PAMELA S 7397 SOUTH BALBOA DRIVE MIDVALE UT 84047
45 SBC574 800381675 WILDEY STACEY E 3306 SOUTH 3175 EAST SALT LAKE CITY UT 84109
45 SBC574 800382913 COE CLARA L 219 SOUTH PIKE ROAD SARVER PA 16055
45 SBC573 800383119 KOSTALAS ISIDOROS 1849 SECOND AVENUE YORK PA 17402
45 SBC574 800384109 MEHALL MATTHEW P 110 WEST GOTHIC AVENUE GUNNISON CO 81230
45 SBC574 800385502 GONSALVES MICHEAL P 1485 ADMIRAL WOODSON LANE CLEARWATER FL 33755
45 SBC574 800386609 HETHERINGTON MARLENE 1390 73RD AVENUE NORTH ST PETERSBURG FL 33702
45 SBC574 800386989 NUNN KAREN J 701 13TH STREET NW PUYALLUP WA 98371
--------------------------------------
288 Sale Total
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800353112 30,750.00 30,750.00 11/01/97 10/01/27 10.500 9.500 16.500 5.750
800353468 54,400.00 54,400.00 11/01/97 10/01/27 11.500 10.500 17.500 7.900
800355018 40,400.00 40,400.00 11/01/97 10/01/27 12.375 11.375 18.375 8.000
800355059 34,500.00 34,500.00 11/01/97 10/01/12 12.500 11.500 18.500 7.750
800356024 80,100.00 80,100.00 11/01/97 10/01/27 9.875 9.875 15.875 6.550
800356347 193,500.00 193,500.00 11/01/97 10/01/27 11.000 10.000 17.000 6.725
800356776 37,600.00 37,600.00 11/01/97 10/01/27 10.625 9.625 16.625 6.250
800357279 98,888.00 98,888.50 11/01/97 10/01/27 10.000 9.000 16.000 5.500
800357386 153,850.00 153,850.00 11/01/97 10/01/27 9.750 8.750 15.750 6.000
800357782 68,000.00 68,000.00 11/01/97 10/01/27 10.875 9.875 16.875 6.250
800358780 35,000.00 35,000.00 11/01/97 10/01/12 12.250 11.250 18.250 7.500
800358798 162,000.00 162,000.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800358988 162,000.00 162,000.00 11/01/97 10/01/27 9.750 8.750 15.750 5.750
800364135 64,000.00 64,000.00 11/01/97 10/01/27 12.125 11.125 18.125 7.250
800364689 59,500.00 59,500.00 11/01/97 10/01/27 10.875 9.875 16.875 6.500
800366452 67,200.00 67,200.00 11/01/97 10/01/27 10.875 9.875 16.875 6.400
800367351 91,375.00 91,375.00 11/01/97 10/01/27 10.000 10.000 16.000 6.250
800367534 37,825.00 37,825.00 11/01/97 10/01/27 11.000 10.000 17.000 6.250
800367682 124,800.00 124,800.00 11/01/97 10/01/27 12.125 11.125 18.125 7.250
800368250 169,600.00 169,600.00 11/01/97 10/01/27 11.375 11.375 17.375 7.500
800368607 111,200.00 111,200.00 11/01/97 10/01/27 9.875 8.875 15.875 5.250
800369662 20,800.00 20,800.00 11/01/97 10/01/27 10.625 9.625 16.625 5.750
800370165 184,450.00 184,450.00 11/01/97 10/01/27 11.625 10.625 17.625 7.000
800370561 155,000.00 155,000.00 11/01/97 10/01/27 10.500 9.500 16.500 5.750
800375537 174,250.00 174,250.00 11/01/97 10/01/27 10.875 9.875 16.875 6.500
800376402 113,900.00 113,900.00 11/01/97 10/01/27 10.875 9.875 16.875 6.000
800376493 113,040.00 113,040.00 11/01/97 10/01/27 12.125 11.125 18.125 7.125
800378986 298,400.00 298,400.00 11/01/97 10/01/27 10.500 10.500 16.500 7.000
800381626 242,262.00 242,262.00 11/01/97 10/01/27 9.625 8.625 15.625 5.250
800381675 114,000.00 114,000.00 11/01/97 10/01/27 9.375 8.375 15.375 5.000
800382913 96,000.00 96,000.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
800383119 88,400.00 88,400.00 11/01/97 10/01/27 12.250 11.250 18.250 6.750
800384109 87,300.00 87,300.00 11/01/97 10/01/27 9.750 8.750 15.750 5.400
800385502 66,400.00 66,400.00 11/01/97 10/01/27 10.625 10.625 16.625 7.500
800386609 48,600.00 48,600.00 11/01/97 10/01/27 10.125 9.125 16.125 5.500
800386989 87,000.00 87,000.00 11/01/97 10/01/27 9.125 8.125 15.125 4.750
---------------------------- --------------------------------------
34,118,072.00 34,108,402.63 10.564 9.813 16.564 6.271
</TABLE>
<PAGE>
<TABLE>
Page 6 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE A
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2--2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES--SETTLEMENT 10/17/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
46 SBC574ADD 800261943 MCCLAIN MCDO A DARLENE 306 SNOWSHOE COURT ORLANDO FL 32835
46 SBC573 800332868 GRIFFIN KENNETH C. 4428 WEST RUTH AVENUE GLENDALE AZ 85302
46 SBC573 800340101 MCKOY JAMES E. 1015 RAVEN STREET DURHAM NC 27704
--------------------------------------
3 Sale Total
291 Total with Superior
291 Grand Total
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800261943 143,100.00 143,008.09 08/01/97 07/01/27 11.500 10.500 17.500 7.000
800332868 84,000.00 84,000.00 10/16/97 09/16/27 10.750 9.750 16.750 6.000
800340101 54,400.00 54,400.00 11/01/97 10/01/27 12.000 11.000 18.000 7.250
---------------------------- --------------------------------------
3 281,500.00 281,408.09 11.373 10.373 17.373 6.750
291 34,399,572.00 34,389,810.72 10.570 9.817 16.570 6.275
291 34,399,572.00 34,389,810.72 10.570 9.817 16.570 6.275
</TABLE>
<PAGE>
<TABLE>
Page 1 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE B
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2 - 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Principal Type of Scheduled
Pool Origination Balance at Mortgaged Payment
ID Sale ID Account Account Name Origination Property Int & Prin
- ---- ------- ------- ----------- ---- ----------- --------- -----------
<C> <C> <S> <C> <C> <C> <C> <C>
A
45 SB572 161392063 106139206 CHRISTIAN TONYIA MARIE 80,200.00 1 763.76
45 SB572 161419791 106141979 GUNN HERBERT 238,000.00 1 1,957.97
45 SB572 161465976 106146597 KULIK JOAN 67,000.00 1 545.13
45 SB572 161500491 106150049 OSORIO ATANACIO 22,100.00 1 177.82
45 SB572 161512348 106151234 HAOULI TALAL EL 99,400.00 1 956.01
45 SB572 161519087 106151908 HUBBARD THOMAS E 90,000.00 1 781.51
45 SB572 161520085 106152008 BURKE THOMAS A 350,000.00 1 2,974.96
45 SB572 161524574 106152457 BROOKS-STANF CINDA 95,200.00 1 1,006.80
45 SB572 161525142 106152514 MOCK MARLENE M 111,930.00 1 951.39
45 SB572 161527486 106152748 SIMMONS JESSE 101,800.00 5 931.20
45 SB572 161530522 106153052 SMITH BRIAN GERARD 42,400.00 1 436.13
45 SB572 161531355 106153135 ORTIZ ROSALIE 65,000.00 1 558.45
45 SB572 161532684 106153268 SMITH MICHAEL E 320,000.00 1 2,778.72
45 SB575 161533062 106153306 HEFNER CHARLES DAVID 45,000.00 1 428.55
45 SB572 161534250 106153425 BUCKS JOHN C 249,900.00 1 2,010.75
45 SB572 161534896 106153489 WRIGHT-BURTO YVONNE C 122,000.00 1 1,127.40
45 SB572 161535588 106153558 GRAHAM WILLIAM C 112,000.00 4 951.99
45 SB572 161535737 106153573 CALHOUN DANNY 80,000.00 1 777.01
45 SB572 161535836 106153583 LERCHENFELDT THOMAS A 70,000.00 1 726.77
45 SB572 161536388 106153638 PRITT MARLIN 52,000.00 1 560.02
45 SB572 161536982 106153698 DEMPSEY GARY W 110,000.00 1 985.71
45 SB575 161539069 106153906 PIOTROWSKI ZBIGNIEW 98,600.00 1 749.43
45 SB572 161539374 106153937 LEE BEATRICE 74,200.00 1 678.74
45 SB572 161542022 106154202 BELTRAN VITO M JR 150,000.00 1 1,302.52
45 SB572 161542337 106154233 CULLING GREGG M 178,000.00 1 1,512.98
45 SB572 161542493 106154249 HAZELTON DANIEL L 40,800.00 1 310.11
45 SB572 161542527 106154252 DEL VALLE EDWIN 130,000.00 1 1,152.87
45 SB572 161543400 106154340 STIKA BRUCE J 139,500.00 1 1,263.04
45 SB572 161543657 106154365 LAIDLER LARRY D 180,200.00 1 1,784.51
45 SB572 161543673 106154367 CAMPBELL ROBERT 91,000.00 1 849.47
45 SB572 161543830 106154383 GEORGE HOWARD W JR 78,950.00 1 827.31
45 SB572 161544382 106154438 GREENE KENNETH 133,500.00 1 1,134.74
45 SB572 161544747 106154474 MULLER ROBERT C JR 102,000.00 1 876.34
45 SB572 161545496 106154549 STICE FRANK C 36,000.00 1 292.91
45 SB572 161546502 106154650 SMITH FREDERICK JR 103,500.00 1 879.74
45 SB572 161546577 106154657 FORSTON JEANETTE 72,900.00 1 653.26
45 SB572 161546809 106154680 RUPPERT PAUL 40,800.00 1 411.84
45 SB572 161546825 106154682 THOMPSON JAMES W JR 283,400.00 1 2,539.55
45 SB572 161547500 106154750 BROWN PHYLLIS 106,200.00 3 1,011.37
45 SB572 161547906 106154790 KERLEY TRUDY 45,000.00 1 390.76
45 SB572 161547914 106154791 BOYD JO ANN 67,500.00 1 549.20
45 SB572 161548011 106154801 ROSS WILLIE L 30,000.00 1 241.39
45 SB572 161548078 106154807 PETERS EDITH 64,800.00 1 679.04
45 SB572 161548656 106154865 MCGOWAN DONALD S 156,400.00 1 1,533.92
45 SB572 161548722 106154872 DOTY LAWRENCE H 39,300.00 1 377.98
45 SB575 161549167 106154916 JOHNSON STEVEN E 54,000.00 1 468.91
45 SB572 161549274 106154927 CASH PAMELA 36,000.00 1 401.76
45 SB572 161549282 106154928 NIESTER ANTHONY C 112,500.00 1 1,060.75
45 SB572 161549324 106154932 REUST CYNTHIA S 164,800.00 1 1,632.00
45 SB572 161549480 106154948 GRANA GREGORY 93,600.00 1 1,062.91
45 SB572 161549597 106154959 JONES KEITH R 137,700.00 1 1,389.96
45 SB575 161549670 106154967 COOK CURTIS E 93,600.00 1 812.77
45 SB572 161551007 106155100 COOK TERI LYN 119,000.00 1 1,110.84
45 SB572 161551742 106155174 FERRELL KEENAN 144,000.00 3 1,371.35
45 SB575 161551809 106155180 TRUEBA DIANA I I 63,700.00 3 559.01
45 SB572 161551940 106155194 RINALDI COLEMAN 144,000.00 1 1,290.39
45 SB572 161552278 106155227 COLEMAN GERALD S 78,000.00 1 720.80
45 SB572 161552401 106155240 BENTLEY RAYMOND 138,600.00 1 1,229.14
45 SB572 161552435 106155243 GARRISON EDWARD T II 69,700.00 1 663.77
45 SB572 161552450 106155245 JOHNSON DAVID L 104,000.00 1 883.99
45 SB575 161552823 106155282 DAOANG EVELYN C 125,100.00 1 1,179.56
45 SB572 161553110 106155311 KOPPE JEFFREY M 120,000.00 1 1,304.03
45 SB572 161553300 106155330 GORDON MELISSA L 51,000.00 1 514.80
<CAPTION>
Cut-off Date Original Next Current Property
Principal LTV Adjustment Mortgage Value at Owner
Account Balance Ratio Date Rate Origination Occupied
- ------- ------------ -------- ---------- -------- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
161392063 79,963.77 74.9 01/01/99 11.000 107,000.00 Y
161419791 237,373.47 85.0 04/01/99 9.250 280,000.00 Y
161465976 67,000.00 60.9 10/01/99 9.125 110,000.00 Y
161500491 22,100.00 81.8 10/01/99 9.000 27,000.00 Y
161512348 99,400.00 84.9 10/01/99 11.125 117,000.00 Y
161519087 90,000.00 81.8 10/01/99 9.875 110,000.00 Y
161520085 350,000.00 78.8 09/01/99 9.625 444,000.00 Y
161524574 95,200.00 74.9 10/01/99 12.375 127,000.00 Y
161525142 111,930.00 70.0 03/01/98 9.625 159,900.00 Y
161527486 101,800.00 69.9 10/01/99 10.500 145,500.00 Y
161530522 42,400.00 78.5 10/01/99 12.000 54,000.00 Y
161531355 65,000.00 44.8 04/01/98 9.750 145,000.00 Y
161532684 320,000.00 80.0 10/01/99 9.875 400,000.00 Y
161533062 44,983.95 90.0 09/01/99 11.000 50,000.00 Y
161534250 249,763.50 76.4 09/01/99 9.000 327,000.00 Y
161534896 122,000.00 71.3 04/01/98 10.625 171,000.00 Y
161535588 112,000.00 77.2 10/01/99 9.625 145,000.00 Y
161535737 79,972.99 79.6 09/01/99 11.250 100,500.00 Y
161535836 69,980.52 51.0 09/01/99 12.125 137,000.00 Y
161536388 52,000.00 80.0 10/01/99 12.625 65,000.00 Y
161536982 109,953.87 88.7 09/01/99 10.250 124,000.00 Y
161539069 98,538.72 85.0 09/01/99 8.375 116,000.00 Y
161539374 74,200.00 74.9 10/01/99 10.500 99,000.00 Y
161542022 150,000.00 75.0 04/01/98 9.875 200,000.00 Y
161542337 177,914.73 74.9 03/01/98 9.625 237,500.00 Y
161542493 40,800.00 80.0 10/01/99 8.375 51,000.00 Y
161542527 129,944.01 68.4 09/01/99 10.125 190,000.00 Y
161543400 139,500.00 90.0 10/01/99 10.375 155,000.00 Y
161543657 180,200.00 85.0 10/01/99 11.500 212,000.00 Y
161543673 91,000.00 57.2 10/01/99 10.750 158,900.00 Y
161543830 78,950.00 64.9 10/01/99 12.250 121,500.00 Y
161544382 133,436.04 78.9 03/01/98 9.625 169,000.00 Y
161544747 102,000.00 71.8 10/01/99 9.750 142,000.00 Y
161545496 36,000.00 87.8 04/01/98 9.125 41,000.00 Y
161546502 103,450.42 90.0 03/01/98 9.625 115,000.00 Y
161546577 72,869.43 90.0 09/01/99 10.250 81,000.00 Y
161546809 40,800.00 85.0 10/01/99 11.750 48,000.00 Y
161546825 283,281.16 89.9 09/01/99 10.250 315,000.00 Y
161547500 106,200.00 84.9 10/01/99 11.000 125,000.00 Y
161547906 45,000.00 47.3 04/01/98 9.875 95,000.00 Y
161547914 67,464.08 75.0 09/01/99 9.125 90,000.00 Y
161548011 29,983.61 31.5 09/01/99 9.000 95,000.00 Y
161548078 64,800.00 80.0 04/01/98 12.250 81,000.00 Y
161548656 156,348.62 80.0 03/01/98 11.375 195,500.00 Y
161548722 39,300.00 68.3 10/01/99 11.125 57,500.00 Y
161549167 54,000.00 81.8 10/01/99 9.875 66,000.00 Y
161549274 36,000.00 80.0 10/01/99 13.125 45,000.00 Y
161549282 112,500.00 90.0 10/01/99 10.875 125,000.00 Y
161549324 164,800.00 79.6 04/01/98 11.500 207,000.00 Y
161549480 93,581.25 80.0 09/01/99 13.375 117,000.00 Y
161549597 137,658.35 85.0 09/01/99 11.750 162,000.00 Y
161549670 93,600.00 74.8 10/01/99 9.875 125,000.00 Y
161551007 119,000.00 85.0 10/01/99 10.750 140,000.00 Y
161551742 144,000.00 90.0 10/01/99 11.000 160,000.00 Y
161551809 63,700.00 74.9 04/01/98 10.000 85,000.00 Y
161551940 144,000.00 90.0 10/01/99 10.250 160,000.00 Y
161552278 78,000.00 64.4 10/01/99 10.625 121,000.00 Y
161552401 138,600.00 90.0 10/01/99 10.125 154,000.00 Y
161552435 69,700.00 85.0 10/01/99 11.000 82,000.00 Y
161552450 104,000.00 80.0 10/01/99 9.625 130,000.00 Y
161552823 125,100.00 90.0 10/01/99 10.875 139,000.00 Y
161553110 120,000.00 80.0 10/01/99 12.750 150,000.00 Y
161553300 51,000.00 85.0 10/01/99 11.750 60,000.00 Y
</TABLE>
<PAGE>
<TABLE>
Page 2 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE B
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2 - 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Principal Type of Scheduled
Pool Origination Balance at Mortgaged Payment
ID Sale ID Account Account Name Origination Property Int & Prin
- ---- ------- ------- ----------- ---- ----------- --------- -----------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SB572 161553318 106155331 COUCH STEVEN M 67,200.00 1 528.66
45 SB572 161553979 106155397 RICHARDSON ELLIS 70,800.00 1 783.19
45 SB572 161554852 106155485 RIOPELLE STEVEN 104,000.00 1 903.08
45 SB572 161555156 106155515 GLUCKMAN MARK A 450,000.00 1 4,032.46
45 SB575 161555677 106155567 JOHNSON THERESA 140,000.00 1 1,413.17
45 SB575 161555743 106155574 KIDD GERALD F 35,700.00 1 329.90
45 SB572 161555867 106155586 CEPEDA JUANA 64,000.00 3 609.49
45 SB572 161556493 106155649 PADELFORD DAVID M 92,000.00 1 999.76
45 SB572 161557038 106155703 CASH MICHAEL R 95,000.00 1 824.94
45 SB572 161557046 106155704 WALKER WILLIAM 175,000.00 1 1,238.64
45 SB572 161557079 106155707 TORGERSON DENNIS E 100,300.00 1 964.67
45 SB572 161557889 106155788 MAKKONEN GERARD A 104,800.00 1 1,118.49
45 SB572 161557954 106155795 SHARIF HAMID R 69,600.00 1 597.97
45 SB572 161558333 106155833 YUTZY ROGER 49,300.00 1 469.50
45 SB575 161559182 106155918 ROSANOVA MICHAEL D 32,900.00 1 319.55
45 SB572 161560701 106156070 TACKETT JOSEPH A 211,700.00 1 1,722.47
45 SB572 161560933 106156093 PACK KENNETH 72,200.00 1 735.72
45 SB575 161561774 106156177 MCFEELY SCOTT 68,400.00 1 619.30
45 SB572 161562426 106156242 RAKOZY LAWRENCE F 245,000.00 1 2,104.93
45 SB575 161563564 106156356 PARKER HERMAN 117,000.00 1 1,125.28
45 SB572 161564869 106156486 RIVERA JOSE A 87,000.00 1 853.27
45 SB572 161567771 106156777 NUNEZ LUCILA 150,000.00 4 1,557.37
45 SB572 161567797 106156779 ARMAN ROWAIDAH 104,000.00 3 1,049.79
45 SB572 161568696 106156869 RUSTOM MICHAEL ASAD 192,000.00 1 1,993.43
45 SBC574A 800004608 800004608 COHEN ELIYAHU 166,500.00 1 1,537.76
45 SBC573 180014854 800014854 MOORE EASTER 110,250.00 3 1,185.89
45 SBC574 180023400 800023400 PANORA LUIS 234,000.00 4 2,096.88
45 SBC92 180072290 800072290 CUNNINGHAM RAYMOND 148,500.00 1 1,330.71
45 SBC92 180129207 800129207 DUNCAN ROY D 105,600.00 1 1,086.21
45 SBC574 800156424 800156424 DAVIS NORMAN 91,000.00 1 936.04
45 SBC573 800179491 800179491 BROWN EUGENE 99,000.00 3 859.67
45 SBC574 800183683 800183683 NADOLNY DANIELLE 181,600.00 1 1,991.13
45 SBC573 800198756 800198756 SHARRER JAMES A 24,000.00 1 274.90
45 SBC573 800198806 800198806 CONOVER GARY R 246,500.00 1 2,163.21
45 SBC573 800201105 800201105 OBAROWSKI MICHAEL 120,000.00 1 1,245.89
45 SBC92 800214835 800214835 KROL WILLIAM F 84,000.00 1 831.84
45 SBC574 800216509 800216509 JOSEPH FRANCOISE 118,400.00 1 1,298.18
45 SBC573 800221459 800221459 COFFEY WILLIAM T 26,100.00 1 260.96
45 SBC574 800239220 800239220 MERRIGAN RICHARD J 68,000.00 1 596.75
45 SBC574A 800239295 800239295 SEAMAN JEREMY 60,000.00 1 515.49
45 SBC574 800241267 800241267 OKKEMA RICHARD W 131,250.00 1 1,115.61
45 SBC573 800245078 800245078 FOREMAN TAMMIE 51,920.00 1 504.28
45 SBC574 800249658 800249658 BLAINE LATHELL N 160,000.00 1 1,676.63
45 SBC573 800250326 800250326 FURLOW LYNN E 49,500.00 1 429.83
45 SBC92 800251480 800251480 MEEKINS RACHEL D. 24,000.00 1 260.81
45 SBC573 800252587 800252587 SANTOS JOSE M 100,000.00 1 859.15
45 SBC573 800257644 800257644 ROUTIE RICHARD 144,000.00 5 1,303.79
45 SBC574 800260226 800260226 HERTZLER ANNE E 78,625.00 1 611.54
45 SBC573 800264475 800264475 CLEMENS THOMAS G 145,780.00 1 1,172.98
45 SBC573 800265803 800265803 STAMETS CHARLES W 83,250.00 1 753.75
45 SBC573 800267403 800267403 ASH MELVIN S 124,500.00 1 1,115.65
45 SBC574 800269383 800269383 VITRANO STEPHEN M 197,100.00 1 1,675.33
45 SBC574 800270043 800270043 SIMKIN ERIC J 172,350.00 1 1,512.49
45 SBC574 800270308 800270308 DUNSTON SAMUEL 149,400.00 3 1,422.77
45 SBC92 800273211 800273211 BROWN RALPH E 357,500.00 1 3,303.65
45 SBC574 800273435 800273435 STANLEY LUSHIE 80,000.00 1 761.86
45 SBC574 800273484 800273484 WOLF CHRISTOPHE S 500,000.00 1 4,387.86
45 SBC573 800273518 800273518 PETRICK JOHN R 34,000.00 1 372.79
45 SBC573 800274961 800274961 STINSON JAMES H 133,200.00 1 1,218.43
45 SBC573 800275513 800275513 ALLEN ADOLPHUS E 253,800.00 3 2,321.61
45 SBC573 800275570 800275570 GELINEAU RICHARD 91,875.00 1 840.42
45 SBC573 800276149 800276149 YOUNG KENNETH G 63,200.00 1 662.27
45 SBC574 800277774 800277774 STRONY GREGORY J 67,590.00 1 605.68
<CAPTION>
Cut-off Date Original Next Current Property
Principal LTV Adjustment Mortgage Value at Owner
Account Balance Ratio Date Rate Origination Occupied
- ------- ------------ -------- ---------- -------- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
161553318 67,200.00 70.0 09/01/99 8.750 96,000.00 N
161553979 70,800.00 64.9 10/01/99 13.000 109,000.00 Y
161554852 104,000.00 76.4 10/01/99 9.875 136,000.00 Y
161555156 450,000.00 90.0 04/01/98 10.250 500,000.00 Y
161555677 140,000.00 84.8 10/08/99 11.750 165,000.00 Y
161555743 35,700.00 70.0 10/01/99 10.625 51,000.00 N
161555867 64,000.00 80.0 04/01/98 11.000 80,000.00 Y
161556493 92,000.00 77.3 10/01/99 12.750 119,000.00 Y
161557038 95,000.00 79.1 10/01/99 9.875 120,000.00 Y
161557046 175,000.00 84.9 04/01/98 7.625 206,000.00 Y
161557079 100,300.00 85.0 10/01/99 11.125 118,000.00 Y
161557889 104,800.00 80.0 10/01/99 12.500 131,000.00 Y
161557954 69,600.00 78.2 10/01/99 9.750 89,000.00 Y
161558333 49,300.00 85.0 10/01/99 11.000 58,000.00 Y
161559182 32,900.00 70.0 10/01/99 11.250 47,000.00 Y
161560701 211,700.00 89.9 04/01/98 9.125 235,260.00 Y
161560933 72,200.00 84.9 10/01/99 11.875 85,000.00 Y
161561774 68,400.00 90.0 10/01/99 10.375 76,000.00 Y
161562426 245,000.00 72.0 10/01/99 9.750 340,000.00 Y
161563564 117,000.00 90.0 10/01/99 11.125 130,000.00 Y
161564869 87,000.00 75.0 10/01/99 11.375 116,000.00 Y
161567771 150,000.00 58.8 04/01/98 12.125 255,000.00 N
161567797 104,000.00 80.0 04/01/98 11.750 130,000.00 Y
161568696 192,000.00 80.0 10/01/99 12.125 240,000.00 Y
180004608 165,666.35 90.0 04/01/98 10.625 185,000.00 Y
180014854 109,765.25 75.0 04/01/98 12.625 147,000.00 Y
180023400 232,841.15 90.0 02/01/99 10.250 260,000.00 Y
180072290 148,052.77 90.0 02/01/99 10.250 165,000.00 Y
180129207 105,445.89 80.0 04/01/99 12.000 132,000.00 Y
800156424 90,894.27 70.0 11/01/97 12.000 130,000.00 Y
800179491 98,864.61 90.0 12/01/97 9.875 110,000.00 Y
800183683 181,470.49 80.0 06/01/99 12.875 227,000.00 Y
800198756 23,995.10 80.0 09/01/99 13.500 30,000.00 Y
800198806 246,243.91 85.0 08/01/99 10.000 290,000.00 Y
800201105 119,966.61 75.0 08/01/99 12.125 160,000.00 Y
800214835 83,946.06 80.0 01/01/98 11.500 105,000.00 Y
800216509 118,372.15 80.0 08/01/99 12.875 148,000.00 Y
800221459 26,100.00 84.9 09/01/99 11.625 30,740.00 Y
800239220 67,939.59 78.1 07/01/99 10.000 87,000.00 Y
800239295 59,915.34 77.9 07/01/99 9.750 77,000.00 Y
800241267 131,250.00 75.0 03/01/98 9.625 175,000.00 Y
800245078 51,920.00 80.0 10/01/99 11.250 64,900.00 Y
800249658 160,000.00 80.0 04/01/98 12.250 200,000.00 Y
800250326 49,477.51 90.0 09/01/99 9.875 55,000.00 Y
800251480 23,982.42 60.0 07/01/99 12.750 40,000.00 N
800252587 100,000.00 80.0 10/01/99 9.750 125,000.00 Y
800257644 144,000.00 90.0 10/01/99 10.375 160,000.00 Y
800260226 78,578.58 85.0 09/01/99 8.625 92,500.00 Y
800264475 145,700.37 80.9 09/01/99 9.000 180,000.00 Y
800265803 82,935.50 90.0 02/01/98 10.375 92,500.00 Y
800267403 124,447.79 84.2 09/01/99 10.250 147,750.00 Y
800269383 197,100.00 79.4 10/01/99 9.625 248,000.00 Y
800270043 172,196.88 85.1 08/01/99 10.000 202,500.00 Y
800270308 149,400.00 90.0 10/01/99 11.000 166,000.00 Y
800273211 357,081.46 49.4 12/01/97 10.625 723,000.00 Y
800273435 79,971.47 80.0 03/01/98 11.000 100,000.00 Y
800273484 500,000.00 63.6 04/01/98 10.000 785,000.00 Y
800273518 33,992.00 85.0 09/01/99 12.875 40,000.00 Y
800274961 133,147.07 90.0 09/01/99 10.500 148,000.00 Y
800275513 253,597.40 90.0 02/01/98 10.500 282,000.00 Y
800275570 91,838.49 75.0 08/01/99 10.500 122,500.00 Y
800276149 63,200.00 80.0 10/01/99 12.250 79,000.00 Y
800277774 67,561.65 90.0 08/01/99 10.250 75,100.00 Y
</TABLE>
<PAGE>
<TABLE>
Page 3 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE B
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2 - 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Principal Type of Scheduled
Pool Origination Balance at Mortgaged Payment
ID Sale ID Account Account Name Origination Property Int & Prin
- ---- ------- ------- ----------- ---- ----------- --------- -----------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SBC573 800278509 800278509 DOUGLAS ANTHONY 150,300.00 4 1,417.16
45 SBC573 800278566 800278566 ROBINSON MARLIN A 132,000.00 1 1,357.77
45 SBC573 800279408 800279408 BASS DANA L 48,000.00 1 489.13
45 SBC573 800280190 800280190 BERTOLLO MARK A 44,100.00 1 362.80
45 SBC574 800280307 800280307 POWERS JOSEPH L 100,300.00 1 1,070.46
45 SBC574 800281289 800281289 MATTEI JOHN F 209,000.00 1 1,950.98
45 SBC573 800281313 800281313 LAVEYNE VICKI L 25,510.00 1 262.40
45 SBC573 800282253 800282253 ARNHEITER THEODORE L 58,000.00 1 552.35
45 SBC574 800283152 800283152 TOWNSEND GEORGE H 160,000.00 1 1,832.66
45 SBC573 800285215 800285215 CHARLES MICHELLE 180,000.00 3 1,432.16
45 SBC573 800286023 800286023 NEGRI CARRIE L. 107,100.00 1 1,030.07
45 SBC573 800286734 800286734 TORRES ALBA 136,000.00 1 1,425.14
45 SBC574 800287070 800287070 SUAREZ JOSEPH 430,000.00 1 3,933.38
45 SBC573 800287245 800287245 REYNOLDS KENNETH 170,000.00 4 1,683.49
45 SBC573 800287542 800287542 DOBRIN JEANETTE 162,000.00 3 1,391.84
45 SBC573 800288177 800288177 TINGLEY EDWIN V 52,000.00 1 432.51
45 SBC573 800288938 800288938 BRESCIA QUIRINO 201,500.00 5 1,976.24
45 SBC573 800290454 800290454 WARNER JEANETTE Y 53,740.00 1 542.46
45 SBC573 800291437 800291437 ZITO MICHAEL C 85,500.00 1 806.17
45 SBC573 800292294 800292294 SOBON GEORGE T 88,000.00 1 879.86
45 SBC573 800292930 800292930 BRUNO MAUREEN 105,600.00 1 985.76
45 SBC573 800292963 800292963 IULIUCCI LOUIS 85,000.00 1 722.49
45 SBC574 800293128 800293128 MARZEC KEITH F 66,212.00 1 687.44
45 SBC573 800293391 800293391 HARRINGTON ANTHONY J 79,900.00 1 868.27
45 SBC573 800295735 800295735 HAAG MATTHEW J 56,000.00 1 481.13
45 SBC573 800296782 800296782 GREENBERG JEFFREY 50,000.00 4 543.35
45 SBC573 800296881 800296881 MILLS LEO F 51,200.00 1 473.14
45 SBC573 800298523 800298523 GEORGE FRANCIS M 45,900.00 1 489.88
45 SBC574 800298556 800298556 RUTHERFORD ROBERT PAUL 109,800.00 1 973.74
45 SBC574 800299299 800299299 MILES GERALD A 76,800.00 1 834.58
45 SBC573 800300915 800300915 GELVIN BRIAN MARK 90,200.00 1 833.54
45 SBC573 800301814 800301814 LADOTUN MORYAM 157,500.00 1 1,499.91
45 SBC573 800302291 800302291 PEKTAS PAUL M. 96,000.00 1 1,033.89
45 SBC574 800302648 800302648 SINGH BASMATTEE 177,000.00 3 1,668.92
45 SBC573 800304255 800304255 WALTER ROGER A 29,150.00 1 313.94
45 SBC573 800304735 800304735 RAYMOND PATRICK 207,000.00 5 2,030.18
45 SBC574 800305872 800305872 GARGIULO JAMES J 206,000.00 1 1,807.80
45 SBC573 800305930 800305930 ANDALORO ANNA 125,900.00 1 1,151.66
45 SBC573 800306128 800306128 HAMPSON LEONARD J 87,975.00 1 896.47
45 SBC573 800306185 800306185 DEMARCO DANIELLE 157,500.00 1 1,499.91
45 SBC574 800306557 800306557 DRURY JAMES G 68,000.00 1 660.46
45 SBC573 800307712 800307712 LENTZ BRIAN K 49,520.00 1 533.31
45 SBC573 800308827 800308827 FRITZ KURT J 160,000.00 1 1,273.03
45 SBC573 800309619 800309619 SCHMUTZ DONNA M 59,500.00 1 600.60
45 SBC573 800310633 800310633 SARNO VICTORIA M 50,400.00 1 433.01
45 SBC573 800310955 800310955 CRICH JOHN T 72,000.00 1 789.44
45 SBC573 800311862 800311862 COZINE CHARLES W 86,400.00 1 806.53
45 SBC574 800312167 800312167 NEAR LEESA 180,000.00 8 1,464.54
45 SBC573 800312241 800312241 BOYCE OWEN 88,000.00 1 973.46
45 SBC574 800313843 800313843 MONTERO LUIS 155,000.00 4 1,534.95
45 SBC574 800315509 800315509 FEARMAN DANIEL J 108,715.00 1 984.31
45 SBC574 800315525 800315525 SIEGEL JARED 162,000.00 1 1,391.83
45 SBC573 800315806 800315806 SNEE THOMAS J 38,320.00 1 329.23
45 SBC573 800315962 800315962 OSBURNE EMMA J 45,900.00 1 411.31
45 SBC574 800317372 800317372 FUHRMAN JOHN CHARLES 124,000.00 3 1,088.19
45 SBC573 800319063 800319063 DE ANGELIS GAETANO L 134,000.00 3 1,213.25
45 SBC574 800320657 800320657 FITZ JOSEPH A 151,650.00 1 1,289.01
45 SBC573 800321432 800321432 AMSTERDAM GEORGE 123,000.00 3 1,023.05
45 SBC574 800322083 800322083 DIETER DARWIN D 93,500.00 1 769.20
45 SBC573 800322521 800322521 CARUSO GUY F. 138,000.00 1 1,275.26
45 SBC573 800322943 800322943 MOYES QUINN B 191,250.00 1 1,713.79
45 SBC573 800324303 800324303 DUBREUIL ALPHONSE T 143,000.00 1 1,124.98
45 SBC573 800324311 800324311 WECKMAN JACQUELINE 42,000.00 1 399.98
<CAPTION>
Cut-off Date Original Next Current Property
Principal LTV Adjustment Mortgage Value at Owner
Account Balance Ratio Date Rate Origination Occupied
- ------- ------------ -------- ---------- -------- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
800278509 150,300.00 90.0 10/01/99 10.875 167,000.00 Y
800278566 131,962.23 80.0 09/01/99 12.000 165,000.00 Y
800279408 47,985.87 73.8 09/01/99 11.875 65,000.00 Y
800280190 43,644.68 90.0 09/01/99 9.250 49,000.00 Y
800280307 100,300.00 85.0 10/01/99 12.500 118,000.00 Y
800281289 209,000.00 39.6 10/01/99 10.750 526,500.00 Y
800281313 25,502.70 80.9 09/01/99 12.000 31,500.00 Y
800282253 57,979.32 58.0 09/01/99 11.000 100,000.00 Y
800283152 159,934.69 80.0 08/01/99 13.500 200,000.00 Y
800285215 179,899.09 80.0 09/01/99 8.875 225,000.00 Y
800286023 107,100.00 85.0 10/01/99 11.125 126,000.00 Y
800286734 136,000.00 80.0 03/01/98 12.250 170,000.00 Y
800287070 429,829.12 74.7 03/01/98 10.500 575,000.00 Y
800287245 169,945.68 85.0 09/01/99 11.500 200,000.00 Y
800287542 161,924.41 90.0 03/01/98 9.750 180,000.00 Y
800288177 51,973.74 54.7 09/01/99 9.375 94,900.00 Y
800288938 201,366.99 65.0 08/01/99 11.375 310,000.00 N
800290454 53,723.74 86.6 09/01/99 11.750 62,000.00 Y
800291437 85,437.06 90.0 09/01/99 10.875 95,000.00 Y
800292294 87,972.64 80.0 09/01/99 11.625 110,000.00 Y
800292930 105,560.24 72.8 03/01/98 10.750 145,000.00 Y
800292963 84,959.28 51.5 03/01/98 9.625 165,000.00 Y
800293128 66,193.58 85.9 09/01/99 12.125 77,000.00 Y
800293391 79,880.67 85.0 09/01/99 12.750 94,000.00 Y
800295735 55,973.87 80.0 09/01/99 9.750 70,000.00 Y
800296782 50,000.00 80.0 09/01/99 12.750 62,500.00 Y
800296881 51,180.19 80.0 09/01/99 10.625 64,000.00 Y
800298523 45,888.25 85.0 09/01/99 12.500 54,000.00 Y
800298556 109,800.00 90.0 03/01/98 10.125 122,000.00 Y
800299299 76,800.00 80.0 09/01/99 12.750 96,000.00 Y
800300915 90,200.00 85.9 10/01/99 10.625 105,000.00 Y
800301814 157,443.84 90.0 09/01/99 11.000 175,000.00 Y
800302291 95,976.11 80.0 09/01/99 12.625 120,000.00 Y
800302648 177,000.00 80.0 09/01/99 10.875 221,250.00 Y
800304255 29,150.00 80.9 10/01/99 12.625 36,000.00 Y
800304735 207,000.00 90.0 09/01/99 11.375 230,000.00 Y
800305872 206,000.00 89.9 10/01/99 10.000 229,000.00 Y
800305930 125,849.97 89.9 03/01/98 10.500 139,900.00 Y
800306128 87,975.00 85.0 10/01/99 11.875 103,500.00 Y
800306185 157,500.00 90.0 10/01/99 11.000 175,000.00 Y
800306557 67,977.04 80.0 09/01/99 11.250 85,000.00 Y
800307712 49,507.68 77.9 09/01/99 12.625 63,500.00 Y
800308827 159,910.30 69.5 03/01/98 8.875 230,000.00 Y
800309619 59,482.60 85.0 09/01/99 11.750 70,000.00 Y
800310633 50,400.00 80.0 10/01/99 9.750 63,000.00 Y
800310955 71,983.06 80.0 09/01/99 12.875 90,000.00 Y
800311862 86,400.00 75.1 04/01/98 10.750 115,000.00 Y
800312167 179,904.21 90.0 09/01/99 9.125 200,000.00 Y
800312241 88,000.00 80.0 10/01/99 13.000 110,000.00 Y
800313843 155,000.00 66.5 10/01/99 11.500 233,000.00 Y
800315509 108,715.00 85.0 10/01/99 10.375 127,900.00 Y
800315525 162,000.00 90.0 04/01/98 9.750 180,000.00 Y
800315806 38,320.00 80.0 10/01/99 9.750 47,900.00 Y
800315962 45,900.00 90.0 10/01/99 10.250 51,000.00 Y
800317372 124,000.00 64.6 10/01/99 10.000 191,900.00 Y
800319063 134,000.00 89.9 10/01/99 10.375 149,000.00 Y
800320657 151,650.00 90.0 04/01/98 9.625 168,500.00 Y
800321432 123,000.00 80.0 10/01/99 9.375 153,750.00 Y
800322083 93,500.00 85.0 10/01/99 9.250 110,000.00 Y
800322521 138,000.00 74.5 10/01/99 10.625 185,000.00 Y
800322943 191,250.00 85.0 09/01/99 10.250 225,000.00 Y
800324303 143,000.00 50.1 10/01/99 8.750 285,000.00 Y
800324311 41,985.02 84.8 09/01/99 11.000 49,500.00 Y
</TABLE>
<PAGE>
<TABLE>
Page 4 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE B
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2 - 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Principal Type of Scheduled
Pool Origination Balance at Mortgaged Payment
ID Sale ID Account Account Name Origination Property Int & Prin
- ---- ------- ------- ----------- ---- ----------- --------- -----------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SBC573 800324527 800324527 MURRAY JAMES C 52,000.00 1 446.76
45 SBC573 800325433 800325433 CHAU MAGGIE 136,210.00 8 1,157.77
45 SBC573 800325466 800325466 BUTLER PAUL B 110,250.00 1 847.73
45 SBC573 800326217 800326217 SUSCA MD VITO J 373,500.00 1 3,208.95
45 SBC573 800326803 800326803 HAWKINS ERIC G 80,550.00 1 706.88
45 SBC573 800327231 800327231 MAFFEI KATHY LYNN 68,000.00 1 660.46
45 SBC574 800327587 800327587 DAVIS DUANE A 65,600.00 1 624.72
45 SBC574 800328031 800328031 RUSSOMAGNO GERARD 350,000.00 1 3,103.88
45 SBC574 800328239 800328239 MARSHALL SCOTT A 23,250.00 6 286.56
45 SBC574 800330631 800330631 BRIGANTI VINCENT 184,450.00 1 1,635.75
45 SBC573 800330672 800330672 EDWARDS DENNIS F 209,600.00 8 1,483.53
45 SBC574 800331423 800331423 FONTANEZ VICTOR 62,100.00 1 562.26
45 SBC574 800331803 800331803 STEWART ENA 81,600.00 1 870.89
45 SBC573 800332389 800332389 ANKENY STEPHEN B 244,000.00 1 1,941.38
45 SBC573 800332652 800332652 HINTZE JIM 207,000.00 1 1,740.57
45 SBC573 800332769 800332769 HILL ANTHONY P 115,000.00 1 1,149.82
45 SBC573 800333379 800333379 BALDONI MARK J 26,350.00 1 253.43
45 SBC574 800333783 800333783 WHITAKER PHILLIP ANDREW 73,800.00 7 774.35
45 SBC574 800334385 800334385 CARDINAL ROINE E 196,350.00 1 1,759.49
45 SBC574 800334393 800334393 LAPENNA ANTHONY 182,385.00 1 1,685.41
45 SBC573 800334807 800334807 HENNE MICHAEL W 149,300.00 1 1,421.82
45 SBC573 800335051 800335051 REID PAULINE 233,750.00 3 2,270.32
45 SBC573 800335689 800335689 GOODWIN KIM T 101,150.00 1 1,030.72
45 SBC573 800337396 800337396 WILLIAMS THEODORE M 142,950.00 1 1,347.86
45 SBC573 800338055 800338055 RICHARDS JAMES MICHAEL 110,160.00 1 837.29
45 SBC574 800338972 800338972 CUNNINGHAM THOMAS L 44,115.00 1 445.31
45 SBC574 800339681 800339681 GETZ TODD 145,800.00 1 1,279.50
45 SBC573 800340697 800340697 WILLIAMS RANDALL K 76,500.00 1 664.29
45 SBC573 800341307 800341307 SCHOUTEN ROBERT D 168,300.00 1 1,430.54
45 SBC573 800341562 800341562 MANSON JAMES 85,900.00 1 809.94
45 SBC573 800342347 800342347 CARDILLO LAWRENCE T 28,000.00 1 256.13
45 SBC573 800342354 800342354 DRDUL DAVID 32,000.00 1 353.98
45 SBC573 800343279 800343279 LITCHMORE ALLEN M 218,700.00 3 2,000.53
45 SBC573 800344202 800344202 PETERS NICHOLAS 63,700.00 1 594.63
45 SBC573 800344640 800344640 GORITY THOMAS W 48,000.00 1 479.92
45 SBC573 800344723 800344723 LATTUGA RICHARD 487,500.00 1 5,583.88
45 SBC573 800345142 800345142 BAIN MARTHA S 41,850.00 1 355.72
45 SBC573 800345225 800345225 BLALOCK T DIANN 54,900.00 1 471.68
45 SBC574 800346124 800346124 VANCE GEORGETTE 26,000.00 1 252.53
45 SBC573 800346256 800346256 RANDALL DEE 208,000.00 1 1,980.83
45 SBC574 800346264 800346264 GOINGS NEAL R 100,000.00 1 840.85
45 SBC573 800346389 800346389 BROWN RICKIE L. 36,000.00 1 283.21
45 SBC573 800346587 800346587 KELLEY PAMELA 58,800.00 1 604.82
45 SBC573 800346702 800346702 SEIGHMAN TERRY L 46,000.00 1 370.13
45 SBC573 800347122 800347122 NATERA EDGARDO 29,600.00 1 254.31
45 SBC574 800347510 800347510 BAGHDADI JACQUES 390,000.00 1 3,677.27
45 SBC574 800347890 800347890 SHEELY STEVEN A 264,000.00 1 2,464.39
45 SBC573 800347924 800347924 PARKER, ERWIN KENNETH 82,400.00 1 715.52
45 SBC573 800348252 800348252 SMITH JEFFREY DAVID 332,000.00 1 2,671.35
45 SBC574 800348435 800348435 CIARLO FRANCESCO 142,400.00 1 1,120.26
45 SBC573 800348609 800348609 RIDEOUT TYRONE 52,000.00 1 544.91
45 SBC573 800348617 800348617 CHINAULT EDWARD E 84,150.00 1 707.58
45 SBC574 800349409 800349409 DAVIS SHEILA M 118,800.00 1 1,053.55
45 SBC573 800349599 800349599 CRAWFORD WILLIAM R 122,400.00 1 1,318.21
45 SBC573 800349698 800349698 GERMINSKY ROBERT A 162,500.00 1 1,396.13
45 SBC574 800349946 800349946 RIVERA CHARLES 108,000.00 1 957.77
45 SBC574 800350662 800350662 FLYNN JOSEPH 90,000.00 1 781.51
45 SBC573 800351280 800351280 FITZGERALD JANICE A 72,000.00 1 605.42
45 SBC574 800351496 800351496 RUFFINO GLEN J. 208,800.00 1 1,871.06
45 SBC573 800351587 800351587 POLANCO ROBERT 243,750.00 1 2,094.19
45 SBC574 800352197 800352197 NIEVES JANET 58,000.00 1 579.91
45 SBC574 800353039 800353039 KILMER CHARLES A 87,300.00 1 758.07
45 SBC574 800353054 800353054 GARRETT COMPTON 246,500.00 3 2,277.90
<CAPTION>
Cut-off Date Original Next Current Property
Principal LTV Adjustment Mortgage Value at Owner
Account Balance Ratio Date Rate Origination Occupied
- ------- ------------ -------- ---------- -------- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
800324527 52,000.00 83.2 09/01/99 9.750 62,500.00 Y
800325433 136,210.00 89.9 10/01/99 9.625 151,351.00 Y
800325466 110,250.00 70.0 04/01/98 8.500 157,500.00 N
800326217 373,500.00 76.2 04/01/98 9.750 490,000.00 Y
800326803 80,514.37 90.0 09/01/99 10.000 89,500.00 Y
800327231 68,000.00 80.0 04/01/98 11.250 85,000.00 Y
800327587 65,600.00 80.0 10/01/99 11.000 82,000.00 Y
800328031 350,000.00 37.2 10/01/99 10.125 940,000.00 Y
800328239 23,250.00 75.0 10/01/99 12.500 31,000.00 Y
800330631 184,450.00 85.0 10/01/99 10.125 217,000.00 Y
800330672 209,600.00 81.4 10/01/99 7.625 257,346.00 Y
800331423 62,100.00 90.0 10/01/99 10.375 69,000.00 Y
800331803 81,558.00 80.0 07/01/99 12.500 102,000.00 Y
800332389 244,000.00 80.0 04/01/98 8.875 305,000.00 Y
800332652 206,898.18 90.0 09/01/99 9.500 230,000.00 Y
800332769 115,000.00 76.6 10/01/99 11.625 150,000.00 Y
800333379 26,350.00 85.0 10/01/99 11.125 31,000.00 Y
800333783 73,800.00 90.0 10/01/99 11.250 82,000.00 Y
800334385 196,350.00 85.0 10/01/99 10.250 231,000.00 Y
800334393 182,385.00 90.0 10/01/99 10.625 202,650.00 Y
800334807 149,246.76 89.9 09/01/99 11.000 165,900.00 Y
800335051 233,671.41 85.0 09/01/99 11.250 275,000.00 N
800335689 101,150.00 85.0 10/01/99 11.875 119,000.00 Y
800337396 142,950.00 84.9 09/01/99 10.875 168,325.00 Y
800338055 110,091.54 90.0 03/01/98 8.375 122,400.00 Y
800338972 44,101.65 85.0 09/01/99 11.750 51,900.00 Y
800339681 145,800.00 90.0 10/01/99 10.000 162,000.00 Y
800340697 76,500.00 90.0 10/01/99 9.875 85,000.00 Y
800341307 168,300.00 85.0 10/01/99 9.625 198,000.00 Y
800341562 85,868.53 89.9 09/01/99 10.875 95,460.00 Y
800342347 27,988.87 62.2 09/01/99 10.500 45,000.00 Y
800342354 32,000.00 76.1 10/01/99 13.000 42,000.00 Y
800343279 218,613.10 90.0 09/01/99 10.500 243,000.00 Y
800344202 63,700.00 65.0 10/01/99 10.750 98,000.00 Y
800344640 48,000.00 80.0 10/01/99 11.625 60,000.00 Y
800344723 487,500.00 69.6 10/01/99 13.500 700,000.00 Y
800345142 41,829.95 90.0 09/01/99 9.625 46,500.00 Y
800345225 54,900.00 90.0 10/01/99 9.750 61,000.00 Y
800346124 26,000.00 80.0 10/01/99 11.250 32,500.00 Y
800346256 208,000.00 80.0 10/01/99 11.000 260,000.00 Y
800346264 100,000.00 79.3 10/01/99 9.500 126,000.00 Y
800346389 36,000.00 85.7 10/01/99 8.750 42,000.00 Y
800346587 58,800.00 80.0 10/01/99 12.000 73,500.00 Y
800346702 46,000.00 85.1 10/01/99 9.000 54,000.00 Y
800347122 29,600.00 80.0 10/01/99 9.750 37,000.00 Y
800347510 390,000.00 39.7 10/01/99 10.875 980,000.00 Y
800347890 264,000.00 80.0 10/01/99 10.750 330,000.00 Y
800347924 82,400.00 80.0 10/01/99 9.875 103,000.00 Y
800348252 332,000.00 80.0 10/01/99 9.000 415,000.00 Y
800348435 142,400.00 80.0 04/01/98 8.750 178,000.00 Y
800348609 52,000.00 80.0 10/01/99 12.250 65,000.00 Y
800348617 84,150.00 85.0 10/01/99 9.500 99,000.00 Y
800349409 118,800.00 90.0 04/01/98 10.125 132,000.00 Y
800349599 122,400.00 80.0 10/01/99 12.625 153,000.00 Y
800349698 162,500.00 75.9 10/01/99 9.750 214,000.00 Y
800349946 108,000.00 90.0 10/01/99 10.125 120,000.00 Y
800350662 90,000.00 51.4 10/01/99 9.875 175,000.00 Y
800351280 72,000.00 80.0 10/01/99 9.500 90,000.00 Y
800351496 208,800.00 68.4 10/01/99 10.250 305,000.00 Y
800351587 243,636.28 75.0 09/01/99 9.750 325,000.00 Y
800352197 58,000.00 80.0 10/01/99 11.625 72,500.00 Y
800353039 87,300.00 80.8 10/01/99 9.875 108,000.00 Y
800353054 246,500.00 85.0 04/01/98 10.625 290,000.00 Y
</TABLE>
<PAGE>
<TABLE>
Page 5 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE B
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2 - 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Principal Type of Scheduled
Pool Origination Balance at Mortgaged Payment
ID Sale ID Account Account Name Origination Property Int & Prin
- ---- ------- ------- ----------- ---- ----------- --------- -----------
<C> <C> <S> <C> <C> <C> <C> <C>
45 SBC573 800353112 800353112 MOATE LOLA J 30,750.00 1 281.28
45 SBC573 800353468 800353468 ELLINGTON DARRELL V 54,400.00 1 538.72
45 SBC573 800355018 800355018 FLORES VIRGINIA G 40,400.00 1 427.26
45 SBC574 800355059 800355059 FREED LONNIE L 34,500.00 6 425.22
45 SBC573 800356024 800356024 SWEINHAGEN PAUL B 80,100.00 1 695.55
45 SBC574 800356347 800356347 CHERY MARIE CARMEN 193,500.00 5 1,842.74
45 SBC573 800356776 800356776 BRADLEY BERNICE H 37,600.00 3 347.46
45 SBC573 800357279 800357279 PEREZ RAYMOND 98,888.00 1 867.82
45 SBC573 800357386 800357386 YOO CHANG YOUNG 153,850.00 1 1,321.81
45 SBC573 800357782 800357782 FULMORE THEODIS 68,000.00 1 641.17
45 SBC573 800358780 800358780 CAREY DAWN 35,000.00 6 425.70
45 SBC574 800358798 800358798 CLEMENTS CLAIBORNE J 162,000.00 1 1,466.76
45 SBC573 800358988 800358988 EVERETT TODD W 162,000.00 1 1,391.83
45 SBC573 800364135 800364135 SNEAD GREGORY 64,000.00 4 664.48
45 SBC573 800364689 800364689 SALERNO TIMOTHY C. 59,500.00 1 561.02
45 SBC574 800366452 800366452 MARCHIONNI MARIO 67,200.00 3 633.62
45 SBC573 800367351 800367351 WESTFALL DOROTHY A 91,375.00 1 801.88
45 SBC573 800367534 800367534 DAVIS ANDREA C 37,825.00 1 360.22
45 SBC573 800367682 800367682 CASTILLO VICTOR 124,800.00 1 1,295.73
45 SBC574 800368250 800368250 WICKER FRANK O 169,600.00 1 1,663.38
45 SBC573 800368607 800368607 NELSON CAROLE ANN 111,200.00 1 965.60
45 SBC574 800369662 800369662 HAGEN JOHN 20,800.00 1 192.21
45 SBC573 800370165 800370165 D'ARCY HARRY E 184,450.00 1 1,844.20
45 SBC573 800370561 800370561 GOLPARVAR KUYOMARS 155,000.00 1 1,417.85
45 SBC574 800375537 800375537 CHANDLER ROBERT E 174,250.00 1 1,642.99
45 SBC574 800376402 800376402 IOVANE VINCENT P. 113,900.00 1 1,073.95
45 SBC574 800376493 800376493 APODACA RICHARD X 113,040.00 8 1,173.63
45 SBC574 800378986 800378986 BENDEN JOSEPH 298,400.00 1 2,729.58
45 SBC574 800381626 800381626 METCALF PAMELA S 242,262.00 1 2,059.20
45 SBC574 800381675 800381675 WILDEY STACEY E 114,000.00 1 948.19
45 SBC574 800382913 800382913 COE CLARA L 96,000.00 1 969.03
45 SBC573 800383119 800383119 KOSTALAS ISIDOROS 88,400.00 1 926.34
45 SBC574 800384109 800384109 MEHALL MATTHEW P 87,300.00 1 750.04
45 SBC574 800385502 800385502 GONSALVES MICHEAL P 66,400.00 1 613.60
45 SBC574 800386609 800386609 HETHERINGTON MARLENE 48,600.00 1 431.00
45 SBC574 800386989 800386989 NUNN KAREN J 87,000.00 1 707.86
--------- --------- ---------------------------- ------------- ----------
288 288 Sale Total 34,118,072.00 314,566.53
<CAPTION>
Cut-off Date Original Next Current Property
Principal LTV Adjustment Mortgage Value at Owner
Account Balance Ratio Date Rate Origination Occupied
- ------- ------------ -------- ---------- -------- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
800353112 30,750.00 75.0 10/01/99 10.500 41,000.00 Y
800353468 54,400.00 85.0 10/01/99 11.500 64,000.00 Y
800355018 40,400.00 77.6 10/01/99 12.375 52,000.00 Y
800355059 34,500.00 75.0 10/01/99 12.500 46,000.00 Y
800356024 80,100.00 90.0 04/01/98 9.875 89,000.00 Y
800356347 193,500.00 90.0 10/01/99 11.000 215,000.00 Y
800356776 37,600.00 80.0 10/01/99 10.625 47,000.00 Y
800357279 98,888.50 85.9 10/01/99 10.000 115,000.00 Y
800357386 153,850.00 85.0 10/01/99 9.750 181,000.00 Y
800357782 68,000.00 85.0 10/01/99 10.875 80,000.00 Y
800358780 35,000.00 51.4 10/01/99 12.250 68,000.00 Y
800358798 162,000.00 90.0 10/01/99 10.375 180,000.00 Y
800358988 162,000.00 89.9 10/01/99 9.750 180,100.00 Y
800364135 64,000.00 80.0 10/01/99 12.125 80,000.00 Y
800364689 59,500.00 85.0 10/01/99 10.875 70,000.00 Y
800366452 67,200.00 70.0 10/01/99 10.875 96,000.00 N
800367351 91,375.00 85.0 04/01/98 10.000 107,500.00 Y
800367534 37,825.00 85.0 10/01/99 11.000 44,500.00 Y
800367682 124,800.00 79.5 10/01/99 12.125 156,840.00 Y
800368250 169,600.00 80.0 04/01/98 11.375 212,000.00 Y
800368607 111,200.00 80.0 10/01/99 9.875 139,000.00 Y
800369662 20,800.00 80.0 10/01/99 10.625 26,000.00 Y
800370165 184,450.00 85.0 10/01/99 11.625 217,000.00 Y
800370561 155,000.00 68.8 10/01/99 10.500 225,000.00 Y
800375537 174,250.00 85.0 10/01/99 10.875 205,000.00 Y
800376402 113,900.00 75.9 10/01/99 10.875 150,000.00 Y
800376493 113,040.00 80.0 10/01/99 12.125 141,300.00 Y
800378986 298,400.00 80.0 04/01/98 10.500 373,000.00 Y
800381626 242,262.00 90.0 10/01/99 9.625 269,180.00 Y
800381675 114,000.00 80.0 10/01/99 9.375 142,500.00 Y
800382913 96,000.00 80.0 10/01/99 11.750 120,000.00 Y
800383119 88,400.00 65.0 10/01/99 12.250 136,000.00 Y
800384109 87,300.00 90.0 10/01/99 9.750 97,000.00 Y
800385502 66,400.00 80.0 04/01/98 10.625 83,000.00 Y
800386609 48,600.00 90.0 10/01/99 10.125 54,000.00 Y
800386989 87,000.00 79.0 10/01/99 9.125 110,000.00 Y
- --------- ------------- ---- ------ -------------
288 34,108,402.63 79.3 10.575 44,319,302.00
</TABLE>
<PAGE>
<TABLE>
Page 6 10/17/97
ALLIANCE FUNDING COMPANY SALE SCHEDULE B
A DIVISION OF SUPERIOR BANK FSB 1997-3 CLASS 2 - 2ND SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 10/17/97
<CAPTION>
Principal Type of Scheduled
Pool Origination Balance at Mortgaged Payment
ID Sale ID Account Account Name Origination Property Int & Prin
- ---- ------- ------- ----------- ---- ----------- --------- -----------
<C> <C> <S> <C> <C> <C> <C> <C>
46 SBC574A 800261943 800261943 MCCLAIN MCDO A DARLENE 143,100.00 1 1,417.11
46 SBC573 800332868 800332868 GRIFFIN KENNETH C. 84,000.00 1 784.12
46 SBC573 800340101 800340101 MCKOY JAMES E. 54,400.00 1 559.57
--------- --------- ---------------------------- ------------- ----------
3 3 Sale Total 281,500.00 2,760.80
291 291 Total with Superior 34,399,572.00 317,327.33
291 291 Grand Total 34,399,572.00 317,327.33
<CAPTION>
Cut-off Date Original Next Current Property
Principal LTV Adjustment Mortgage Value at Owner
Account Balance Ratio Date Rate Origination Occupied
- ------- ------------ -------- ---------- -------- ----------- --------
<S> <C> <C> <C> <C> <C> <C>
800261943 143,008.09 79.9 07/01/99 11.500 178,900.00 Y
800332868 84,000.00 70.0 09/16/99 10.750 120,000.00 Y
800340101 54,400.00 80.0 10/01/99 12.000 68,000.00 Y
------------- ---- ------ -------------
281,408.09 77.0 11.373 366,900.00
34,389,810.72 79.3 10.581 44,686,202.00
34,389,810.72 79.3 10.581 44,686,202.00
</TABLE>
<PAGE>
ADDITION NOTICE
Date: October 17, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of September 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 1997-3 Sub-Pool 1
-------------------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated the Subsequent Mortgage Loans to be sold
to the Trust Fund on October 17, 1997, with an aggregate principal balance of
$36,000,000.00*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
*Approximate
SUPERIOR BANK FSB
By: /s/ JOHN A. SORICELLI
-----------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ ERIC A. LINDAHL
-------------------------------
Name: Eric A. Lindahl
Title: Trust Officer
Date: October 17, 1997
7
<PAGE>
ADDITION NOTICE
Date: October 17, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of September 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 1997-3 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 October 17, 1997, with an aggregate principal balance of
$28,000,000.00*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
*Approximate
SUPERIOR BANK FSB
By: /s/ JOHN A. SORICELLI
-----------------------------
Name: John A. Soricelli
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ ERIC A. LINDAHL
-----------------------------
Name: Eric A. Lindahl
Title: Trust Officer
Date: October 17, 1997
8
<PAGE>
OFFICER'S CERTIFICATE
I, William Bracken hereby certify that I am the duly elected Senior Vice
President and Chief Financial Officer of Superior Bank FSB, a federally
chartered stock savings bank (the "Depositor"), and further, to the best of my
knowledge and after due inquiry, as follows:
Each condition precedent specified in Section 2.10(b), Section 2.10(c)
and Section 2.10(d) for the Subsequent Mortgage Loans of the Pooling and
Servicing Agreement, dated as of September 1, 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: October 17, 1997 By: /s/ WILLIAM C. BRACKEN
----------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
9
SUBSEQUENT TRANSFER INSTRUMENT NUMBER THREE
Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
October 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 1997-3, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of September 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 Schedule of Mortgage Loans 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 1997-3
By: LASALLE NATIONAL BANK,
as Trustee
By: /s/ SHASHANK MISHRA
----------------------------------
Name: Shashank Mishra
Title: Trust Officer
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 1997-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 1
Series 1997-3
October 30, 1997
A.
1. Subsequent Cut-off Date: October 29, 1997
2. Pricing Date:
3. Subsequent Transfer Date: October 30, 1997
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $2,282,246.39
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject
of this Instrument:
1. Shortest original term to maturity: 120 months
2. Longest original term to maturity: 360 months
3. Lowest Mortgage Rate: 9.55%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $303,750.00
[As to the final transfer of Subsequent
Mortgage Loans:]
6. Weighted Average Term since Origination: 1.20 months
7. January 1998 first payment date: 0%
8. WAC of all Mortgage Loans: 11.5070%
9. WAM of all Mortgage Loans: 223.68 months
10. Maximum weighted average CLTV: 77.71%
11. Balloon Loans: 35.08%
12. Largest Principal Balance: $574,000.00
13. Non-owner occupied Mortgaged Properties: 6.81%
14. Maximum zip code concentration: 0.77%
15. Condominiums: 0.40%
16. Single-family: 79.97%
17. Multifamily and Mixed Use Properties: 4.60%
18. Manufactured Housing: 2.74%
19. Periodic Payment Loans: 6.34%
4
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1997-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 2
Series 1997-3
October 30, 1997
A.
1. Subsequent Cut-off Date: October 29, 1997
2. Pricing Date:
3. Subsequent Transfer Date: October 30, 1997
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $12,177,263.33
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject
of this Instrument:
1. Shortest original term to maturity: 240 months
2. Longest original term to maturity: 360 months
3. Minimum Gross Margin: 3.75%
4. Greatest Loan-to-Value Ratio: 90.00%
5. Maximum Mortgage Rate: 19.50%
6. Largest Principal Balance $499,000.00
[As to the final transfer of Subsequent
Mortgage Loans:]
7. Weighted Average Term since Origination: 1.31 months
8. January 1998 first payment date: 0%
9. WAC of all Mortgage Loans: 10.2310%
10. Weighted Average Gross Margin: 5.9470%
11. WAM of all Mortgage Loans: 353.04 months
12. Maximum Weighted average LTV: 79.73%
13. Largest Principal Balance: $577,500.00
14. Non-owner occupied Mortgaged Properties: 3.53%
15. Maximum zip code concentration: 0.88%
16. Condominiums: 1.36%
17. Single-family: 85.09%
18. Multifamily and Mixed Use Properties: 0.00%
19. Manufactured Housing: 0.87%
5
<PAGE>
SCHEDULE OF MORTGAGE LOANS
6
<PAGE>
<TABLE>
Page 1 10/30/97
ALLIANCE FUNDING Sale Schedule
A division of Superior Bank FSB 1997-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/30/97
<CAPTION>
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
47 SBC96 800249849 SPRADLEY DIANE 204 SURREY DRIVE WARNER ROBINS GA 31093
47 SBC96 800272726 SERRANO DANIEL 33-14 111TH ST CORONA NY 11368
47 SBC96 800277196 FAHY THOMAS 2 PETER COURT ST JAMES NY 11780
47 SBC96 800278079 BUSSEY CAROL 138-5 WOODSIDE GREEN STAMFORD CT 06905
47 SBC96 800287450 RODRIGUEZ JOE 74 SHORE DR MASTIC BEACH NY 11951
47 SBC96 800288888 THOMAS KYONG AIE 690 WEST 26TH STREET WEST WILDWOOD NJ 08260
47 SBC96 800289019 BYRNE JOHANNA F 9 LIVINGSTON COURT STATEN ISLAND NY 10310
47 SBC96 800289175 WEISS JEFFREY R 4842 CHAMPION WAY COLUMBUS GA 31909
47 SBC96 800289654 MARTIN TIMOTHY A 3623 TWISTED OAK COURT LAKE WALES FL 33853
47 SBC96 800289811 DIXON KEVIN E 1189 POWDER CREEK WAY DALLAS GA 30132
47 SBC96 800291775 JORGENSEN RALPH B 16448 N BOULDER DRIVE FOUNTAIN HILLS AZ 85268
47 SBC96 800293854 LONG CARL M 10697 WEST HALLS RIVER ROA HOMOSASSA FL 34448
47 SBC96 800295107 HAGERTY CAROLYN K. 11590 NORTH 110TH PLACE SCOTTSDALE AZ 85259
47 SBC96 800308751 NARRAMORE MARCHELL L 4313 CHERI DRIVE AUBURNDALE FL 33823
47 SBC96 800310674 ZULKA RYAN 216 SECOND AVENUE CARNEGIE PA 15106
47 SBC96 800312142 RICOTTA DOMENICO 157 WEST 7TH STREET DEER PARK NY 11729
47 SBC96 800314213 MCCANN MARK KEVIN 130 UNIVERSITY CIRCLE LINCOLN UNIVERSITY PA 19352
47 SBC96 800322901 MERL BRETT 10213 VESTAL COURT CORAL SPRINGS FL 33071
47 SBC96 800329609 HINDS DAVID M 308 SOUTH VIRGINIA STREET GOLDSBORO NC 27530
47 SBC96 800330730 RIDER F CARL 19540 E CRESTRIDGE CIRCLE AURORA CO 80015
47 SBC96 800335317 MILLER PERRY O 1912 BALSAM AVENUE GREELEY CO 80631
47 SBC96 800340572 DIBENEDETTO DEBORAH V 225 CONCORD ROAD YONKERS NY 10710
47 SBC96 800343139 HARDESTY CHARLES M 5105 NORTHWEST OAK HILL AV ARCADIA FL 34266
47 SBC96 800347551 DANIEL KIRTNEY 234 WOODBINE STREET BROOKLYN NY 11237
47 SBC96 800349854 MERCOGLIANO MICHELE 455 ONDERDONK AVENUE RIDGEWOOD NY 11385
47 SBC96 800351066 YEARY REX C 5676 CHERRY TREE DRIVE LAKELAND FL 33811
47 SBC96 800352577 HAWKINS DALE E 6029 2ND STREET WEST BRADENTON FL 34207
47 SBC96 800354326 BOOTMAN PERCY B 1025-1027 BUCCANEER DRIVE LAKELAND FL 33801
47 SBC96 800355554 NORTON JUDY K 3005 HOPE AVENUE COLUMBIA SC 29205
47 SBC96 800357337 BUTRICO ANTHONY 3310 39TH STREET NORTH ST PETERSBURG FL 33709
47 SBC96 800359390 ST CROIX DONALD THOMAS 7429 SWAN LAKE DRIVE NEW PORT RICHEY FL 34655
47 SBC96 800360224 KNOWLES ROBERT E 17320 LYNNETTE DRIVE LUTZ FL 33549
47 SBC96 800360851 ROSS JEFFREY 15515 SE 55TH PLACE BELLEVUE WA 98006
47 SBC96 800362212 GORE CATHERINE M 3681 TANNERS MILL CIRCLE GAINESVILLE GA 30507
47 SBC96 800365579 STREVIG CRAIG O 40 MUMMERT DRIVE LITTLESTOWN PA 17340
47 SBC96 800368508 MCDANIEL VERNON T 2342 WEST PAULINE WAY WEST JORDAN UT 84088
47 SBC96 800368821 LANCE JAMES E 11 DIACK PLACE TROY NY 12182
47 SBC96 800370900 LAWSON CLARENCE DAVID 3334 SHENANDOAH DRIVE EAST ORANGE PARK FL 32065
47 SBC96 800378903 ARRINGTON DORIS 1733 NORTH 57TH STREET PHILADELPHIA PA 19131
47 SBC96 800382723 TUFF ALFRED 8 LIGHTHOUSE ROAD EAST HAMPTON NY 11937
47 SBC96 800383176 ROGERS EDWARD 36 COOPER STREET PRINGLE PA 18704
47 SBC96 800388183 BOOTMAN PERCY B 1030-1032 PIRATES WAY LAKELAND FL 33801
-----------------------------------------
42 Sale Total
42 Total with Superior
42 Grand Total
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------- ------------ ------------ -------- -------- ------ -------- ---- ------ ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800249849 39,100.00 39,030.23 09/01/97 08/01/12 177.07 11/01/97 85.0 13.200 499.87
800272726 117,000.00 117,000.00 11/01/97 10/01/12 179.08 11/01/97 90.0 11.300 1,140.82
800277196 32,000.00 32,000.00 10/22/97 09/22/12 178.78 10/22/97 79.9 13.800 421.87
800278079 27,950.00 27,831.99 09/28/97 08/28/12 177.96 11/28/97 65.0 9.650 238.08
800287450 61,200.00 61,200.00 10/04/97 09/04/27 358.19 10/04/97 85.0 12.950 674.60
800288888 58,400.00 58,400.00 09/22/97 08/22/12 177.76 10/22/97 80.0 13.040 647.85
800289019 48,900.00 48,849.32 10/01/97 09/01/17 238.09 11/01/97 89.7 12.950 571.16
800289175 24,300.00 24,300.00 09/04/97 08/04/12 177.17 10/04/97 89.9 12.600 301.09
800289654 25,500.00 25,500.00 10/19/97 09/19/12 178.68 10/19/97 85.0 12.100 307.69
800289811 22,000.00 22,000.00 10/08/97 09/08/12 178.32 10/08/97 84.8 13.150 280.53
800291775 24,800.00 24,751.98 09/13/97 08/13/12 177.47 11/13/97 90.0 12.350 303.25
800293854 45,900.00 45,891.70 09/27/97 08/27/27 357.93 10/27/97 85.0 11.000 437.12
800295107 32,000.00 32,000.00 09/01/97 08/01/12 177.07 11/01/97 79.9 11.250 310.80
800308751 37,500.00 37,393.24 10/24/97 09/24/12 178.85 11/24/97 75.0 11.600 440.46
800310674 20,400.00 20,400.00 10/22/97 09/22/12 178.78 11/22/97 85.0 12.600 219.30
800312142 128,700.00 128,700.00 10/11/97 09/11/12 178.42 10/11/97 90.0 11.550 1,279.42
800314213 36,200.00 36,200.00 09/13/97 08/13/12 177.47 10/13/97 89.9 11.700 364.02
800322901 66,600.00 66,600.00 09/25/97 08/25/12 177.86 10/25/97 74.6 12.500 820.86
800329609 45,000.00 45,000.00 10/09/97 09/09/12 178.36 10/09/97 90.0 10.650 416.69
800330730 21,520.00 21,503.78 10/17/97 09/17/12 178.62 11/17/97 79.8 13.600 280.83
800335317 45,900.00 45,900.00 10/08/97 09/08/12 178.32 11/08/97 79.8 11.900 468.61
800340572 34,500.00 34,500.00 09/26/97 08/26/12 177.90 10/26/97 89.9 12.000 354.87
800343139 11,125.00 11,068.02 10/26/97 09/26/12 178.92 11/26/97 79.9 12.350 136.03
800347551 127,000.00 127,000.00 10/18/97 09/18/27 358.65 11/18/97 74.7 12.350 1,340.65
800349854 144,000.00 144,000.00 10/04/97 09/04/12 178.19 11/04/97 90.0 11.550 1,431.52
800351066 27,200.00 27,200.00 10/26/97 09/26/12 178.92 10/26/97 80.0 12.550 336.13
800352577 15,650.00 15,650.00 10/08/97 09/08/12 178.32 11/08/97 89.9 11.400 181.83
800354326 16,973.00 16,973.00 10/24/97 09/24/12 178.85 10/24/97 66.5 9.900 181.36
800355554 12,500.00 12,493.62 10/15/97 09/15/12 178.55 11/15/97 89.3 11.950 149.62
800357337 15,000.00 14,886.97 10/22/97 09/22/12 178.78 11/22/97 87.8 11.950 179.54
800359390 17,000.00 16,963.32 10/15/97 09/15/07 118.55 11/15/97 83.5 11.350 237.56
800360224 60,800.00 60,800.00 10/13/97 09/13/12 178.49 11/13/97 78.2 11.375 705.43
800360851 117,000.00 117,000.00 11/01/97 10/01/12 179.08 11/01/97 84.9 10.750 1,092.17
800362212 303,750.00 303,750.00 10/10/97 09/10/27 358.39 10/10/97 75.0 11.700 3,054.45
800365579 37,500.00 37,500.00 10/26/97 09/26/12 178.92 10/26/97 84.8 13.250 480.65
800368508 31,496.00 31,496.00 10/05/97 09/05/12 178.22 10/05/97 79.8 15.200 445.14
800368821 72,250.00 72,250.00 10/12/97 09/12/12 178.45 10/12/97 85.0 11.750 729.30
800370900 22,600.00 22,600.00 10/24/97 09/24/07 118.85 10/24/97 84.9 11.650 319.69
800378903 44,000.00 43,910.97 10/26/97 09/26/12 178.92 11/26/97 80.0 11.000 500.10
800382723 151,170.00 151,170.00 11/01/97 10/01/12 179.08 11/01/97 70.4 11.600 1,775.57
800383176 20,620.00 20,582.25 10/26/97 09/26/12 178.92 11/26/97 84.9 11.900 246.15
800388183 40,000.00 40,000.00 10/26/97 09/26/27 358.92 10/26/97 66.6 9.550 337.80
--------------------------- ------ ----------------------------
2,283,004.00 2,282,246.39 224.26 81.5 11.832 24,640.48
2,283,004.00 2,282,246.39 224.26 81.5 11.832 24,640.48
2,283,004.00 2,282,246.39 224.26 81.5 11.832 24,640.48
</TABLE>
<PAGE>
<TABLE>
Alliance Funding Page 1 10/30/97
A division of Superior Bank FSB
Sale Schedule A
1997-3 Class 2-3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
<CAPTION>
LSAMS Zip
Pool ID Sale ID Account Name Address City State Code
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
48 SB577 161514773 THAME MAURA 6123 SATRE COURT NORTH LAS VEGAS NV 89031
48 SB577 161528724 GEVARA DANIEL JR. 4600 SOUTH PEARL STREET ENGLEWOOD CO 80110
48 SB577 161533914 PELLETIER MICHAEL J 3565 BRUNSWICK DRIVE COLORADO SPRINGS CO 80920
48 SB577 161536966 HAIRSTON LORI 18695 MONICA DETROIT MI 48221
48 SB577 161538632 KOSMOWSKI WOJCIECH 1315 MENOMA TRAIL ALGONQUIN IL 60102
48 SB577 161540265 HANSON DAVID A 636 CHURCH STREET ST. CHARLES MN 55972
48 SB577 161543426 FERREIRA VALTER 1448 WEST FILLMORE CHICAGO IL 60606
48 SB577 161544291 BARNES PATSIE J 15516 WESTERN AVENUE HARVEY IL 60426
48 SB577 161549696 CULP RANDY L 12392 DRIFTWOOD DRIVE DEMOTTE IN 46310
48 SB577 161550835 NICHOLSON DELORES 4840 SOUTH KING DRIVE CHICAGO IL 60615
48 SB577 161550983 BALTZLY ANITA L 3695 NORTHERN STREET NE CANTON OH 44721
48 SB577 161553144 HINES DAVID 3118 WEST 16TH STREET CHICAGO IL 60623
48 SB577 161553516 BENGOUGH ALFRED 10269 SMUGGLERS COVE REMINDERVILLE OH 44202
48 SB577 161553912 CHURCHILL DAVID 125 LOGAN JOLIET IL 60433
48 SB577 161554100 BRADSHAW NORMAN 258 WEST RAY STREET INDIANAPOLIS IN 46225
48 SB577 161555420 PETRO ALBERT M 68 WEST LONGFELLOW PONTIAC MI 48340
48 SB577 161556758 WHITINGER KEITH E 10995 S COUNTY ROAD 10E CLOVERDALE IN 46120
48 SB577 161557434 KREMKE DONALD W 401 W 550 NORTH VALPARAISO IN 46383
48 SB577 161559257 FARRAR JOHN A 344 N 19TH BEECH GROVE IN 46107
48 SB577 161559893 HOAG WILLIAM M 1406 SOUTH RAVENSWOOD DR EVANSVILLE IN 47714
48 SB577 161560164 ZENDZIAN JEFFREY D 445 ELM STREET DYER IN 46311
48 SB577 161562178 THIBODEAUX DOLORES C 9206 SOUTH CLAREMONT CHICAGO IL 60620
48 SB577 161563234 WEIGHTMAN WILLIAM J 308 NORRIS DRIVE ANDERSON IN 46013
48 SB577 161564786 ADAMS LORRAINE 8245 SOUTH BISHOP CHICAGO IL 60620
48 SB577 161566922 LUNDBERG JASON A 1422 OHIO LANSING MI 48906
48 SB577 161570189 BLAZEKOVIC JOSEPH JR 538 FAIRVIEW CIRCLE WATERFORD WI 53185
48 SBC579 180083008 GORDON BRAINARD L 26 COLLEEN DR BLAKESLEE PA 18610
48 SBC578 800178865 REDMOND PETER 100 ST MARKS AVE BROOKLYN NY 11217
48 SBC578 800200347 WARNER CHRISTINE 2 RIVERVIEW HEIGHTS DRIVE HENRIETTA NY 14623
48 SBC578 800228546 DACRES JOAN 503 EAST 46TH STREET BROOKLYN NY 11203
48 SBC579 800230716 PATEL BIPIN D 7840 WYNDAM ROAD PENNSAUKEN NJ 08109
48 SBC578 800238719 LODIN BIBI A 1207 HENDERICKSON AVENUE SCHENECTADY NY 12309
48 SBC579 800241283 YASSER HANNA R 402 E BLUE ROSE COURT GALLOWAY TOWNSHIP NJ 08201
48 SBC578 800241424 VARNER GWENDOLYN 29 FRANCESCA LANE STATEN ISLAND NY 10303
48 SBC578 800242034 MARSHALL CAROL M 309 FOLSOM AVE EGG HARBOR TWNSP NJ 08234
48 SBC579 800246423 REGA BERNARDINO 1701 LENAPE LANE ALBRIGHTSVILLE PA 18210
48 SBC578 800259913 ROACH FLORA 1519 BOND ST HILLSIDE NJ 07205
48 SBC578 800260218 BECKER ROBERT 166 DRIFTWOOD DRIVE WEST ISLIP NY 11795
48 SBC578 800260408 MACDONALD JEFFERY MICHAEL 208 1ST AVENUE SUSQUEHANNA PA 18847
48 SBC579 800263485 MUNDLE PAUL A 803 ATWOOD ROAD PHILADELPHIA PA 19151
48 SBC578 800272981 ROGERS SHAWN LIME KILN RD KNOWLTON NJ 07832
48 SBC578 800278491 BARBER RAYMOND 164 NORTH 9TH STREET NEWARK NJ 07107
48 SBC579 800282550 SHAFFER STANLEY 37 HIGH STREET ARMONK NY 10504
48 SBC578 800284309 DE KENIPP CHRISTOPHE M 443 LAKEVIEW DRIVE LAKE ARIEL PA 18436
48 SBC578 800292260 DELSORBO WILLIAM 668 SHELDON AVENUE STATEN ISLAND NY 10301
48 SBC578 800293961 KUHN JOHN P 39 TRAVIS DR BRIDGEPORT CT 06606
48 SBC578 800296709 RAGHUNATHAN ASOK 918 CROTON ROAD WAYNE PA 19087
48 SBC578 800297525 STALEY JEROME N 103 WOODLAWN AVENUE UPPER DARBY PA 19082
48 SBC578 800301228 GARRIDO FREDDIE 332 SPRUCE STREET LINDEN NJ 07036
48 SBC578 800304081 WALTY ELAINE 102 YACHT CLUB DRIVE LAKE HOPATCONG NJ 07849
48 SBC579 800308256 FERGUSON DEBORAH P 808 MAPLE LANE LINWOOD NJ 08221
48 SBC578 800309023 PARATO BARBARA 69 ADA DRIVE STATEN ISLAND NY 10314
48 SBC579 800310013 GUZMAN JUAN A 4701 BLOSSOM DRIVE HOLIDAY FL 34690
48 SBC578 800313413 PENA ANTONIO 78 NORTH REGENT STREET PORT CHESTER NY 10573
48 SBC578 800315418 ONIYIDE MELVILLE I 4 TORY LANE MARLTON NJ 08057
48 SBC579 800316093 GLADSTONE MURRAY J 64 STANFORD COURT WANTAGH NY 11793
48 SBC578 800316846 JAMISON JACQUELINE 6163 CATHERINE STREET PHILADELPHIA PA 19143
48 SBC578 800317083 FRIEDMAN SAMUEL D 1442 51ST STREET BROOKLYN NY 11219
48 SBC578 800317570 NICARRY ANDREW R LOT#5 WOOD LANE NEWMANSTOWN PA 17073
48 SBC578 800319485 WILKEY ANTHONY 243 EGBERT AVENUE STATEN ISLAND NY 10310
48 SBC578 800319618 TRACY ELIZABETH L 2045 TRENT VALLEY COURT LAWRENCEVILLE GA 30244
48 SBC578 800322653 HAZEN JACK 1542 E 14 STREET BROOKLYN NY 11230
48 SBC578 800322745 GUTIERREZ AC ANTONIO 1321 NORTH 31ST STREET PHOENIX AZ 85008
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- --------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
161514773 120,657.00 120,606.40 10/01/97 09/01/27 10.250 9.250 16.250 6.000
161528724 107,100.00 107,100.00 11/01/97 10/01/27 8.375 7.375 14.375 4.000
161533914 160,000.00 159,925.35 10/01/97 09/01/27 9.750 8.750 15.750 5.250
161536966 56,000.00 55,983.06 10/01/97 09/01/27 11.750 10.750 17.750 7.125
161538632 94,500.00 94,500.00 11/01/97 10/01/27 10.000 10.000 16.000 6.250
161540265 92,800.00 92,800.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
161543426 37,100.00 37,100.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161544291 34,200.00 34,200.00 11/01/97 10/01/27 11.875 10.875 17.875 6.250
161549696 250,000.00 250,000.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
161550835 60,000.00 60,000.00 11/01/97 10/01/27 11.000 10.000 17.000 5.850
161550983 87,100.00 87,100.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
161553144 74,700.00 74,700.00 11/01/97 10/01/27 10.250 9.250 16.250 5.500
161553516 135,000.00 135,000.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161553912 30,750.00 30,750.00 11/01/97 10/01/27 11.250 10.250 17.250 6.000
161554100 32,400.00 32,400.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161555420 65,600.00 65,600.00 11/01/97 10/01/27 12.625 11.625 18.625 7.500
161556758 119,000.00 119,000.00 11/01/97 10/01/27 9.250 8.250 15.250 4.250
161557434 89,200.00 89,200.00 11/01/97 10/01/27 12.625 11.625 18.625 7.000
161559257 68,400.00 68,400.00 11/01/97 10/01/27 11.000 10.000 17.000 6.250
161559893 33,800.00 33,800.00 11/01/97 10/01/27 10.500 9.500 16.500 5.750
161560164 94,500.00 94,500.00 11/01/97 10/01/27 10.875 9.875 16.875 6.250
161562178 120,000.00 120,000.00 11/01/97 10/01/27 12.750 11.750 18.750 7.500
161563234 95,600.00 95,600.00 11/01/97 10/01/27 11.875 10.875 17.875 7.000
161564786 55,000.00 55,000.00 11/01/97 10/01/27 10.625 9.625 16.625 5.000
161566922 28,800.00 28,800.00 11/01/97 10/01/27 9.250 8.250 15.250 4.500
161570189 145,000.00 145,000.00 11/01/97 10/01/27 8.750 7.750 14.750 3.750
180083008 124,270.00 123,803.83 02/01/97 01/01/27 9.625 9.625 15.625 7.250
800178865 225,400.00 225,107.68 07/01/97 06/01/27 11.500 10.500 17.500 6.750
800200347 60,800.00 60,800.00 10/01/97 09/01/27 13.375 12.375 19.375 8.200
800228546 127,500.00 127,426.66 08/01/97 07/01/27 12.000 11.000 18.000 7.500
800230716 89,200.00 89,116.42 08/01/97 07/01/27 9.750 8.750 15.750 6.250
800238719 68,700.00 68,642.14 09/01/97 08/01/27 10.250 9.250 16.250 6.250
800241283 95,625.00 95,550.69 09/01/97 08/01/27 10.625 9.625 16.625 6.000
800241424 97,600.00 97,549.39 10/01/97 09/01/27 9.250 9.250 15.250 5.900
800242034 62,600.00 62,504.42 08/01/97 07/01/27 9.375 9.375 15.375 6.750
800246423 81,000.00 80,897.23 08/01/97 07/01/27 10.250 9.250 16.250 6.750
800259913 104,000.00 103,835.18 05/01/97 04/01/27 11.625 11.625 17.625 8.250
800260218 200,000.00 199,904.19 10/01/97 09/01/27 9.625 8.625 15.625 5.050
800260408 51,000.00 50,951.15 09/01/97 08/01/27 9.625 8.625 15.625 4.750
800263485 45,900.00 45,862.36 09/01/97 08/01/27 10.375 10.375 16.375 7.000
800272981 161,100.00 161,100.00 11/01/97 10/01/27 10.000 10.000 16.000 6.800
800278491 100,000.00 99,869.69 07/01/97 06/01/27 10.125 10.125 16.125 6.250
800282550 232,262.00 232,199.14 10/01/97 09/01/27 12.250 11.250 18.250 7.775
800284309 32,400.00 32,400.00 11/01/97 10/01/27 12.750 11.750 18.750 7.500
800292260 168,000.00 168,000.00 11/01/97 10/01/27 10.500 10.500 16.500 7.150
800293961 90,000.00 90,000.00 11/01/97 10/01/27 10.000 9.000 16.000 5.000
800296709 106,900.00 106,856.11 09/01/97 08/01/27 13.500 12.500 19.500 8.500
800297525 85,500.00 85,456.82 10/01/97 09/01/27 9.375 9.375 15.375 5.750
800301228 159,000.00 159,000.00 11/01/97 10/01/27 10.125 9.125 16.125 5.900
800304081 66,950.00 66,950.00 11/01/97 10/01/27 13.500 12.500 19.500 8.650
800308256 73,600.00 73,551.43 09/01/97 08/01/27 11.375 11.375 17.375 8.000
800309023 139,500.00 139,500.00 11/01/97 10/01/27 9.750 9.750 15.750 6.400
800310013 43,850.00 43,827.86 10/01/97 09/01/27 9.375 8.375 15.375 5.750
800313413 142,400.00 142,400.00 11/01/97 10/01/27 11.625 10.625 17.625 7.150
800315418 194,400.00 194,311.68 10/01/97 09/01/27 9.875 9.875 15.875 6.500
800316093 139,200.00 139,200.00 11/01/97 10/01/27 13.000 12.000 19.000 8.300
800316846 30,000.00 30,000.00 11/01/97 10/01/27 10.625 9.625 16.625 5.500
800317083 499,000.00 499,000.00 10/01/97 09/01/27 10.250 9.250 16.250 5.850
800317570 102,840.00 102,801.28 11/01/97 10/01/27 10.750 9.750 16.750 6.500
800319485 121,500.00 121,500.00 11/01/97 10/01/27 10.875 9.875 16.875 6.650
800319618 104,000.00 104,000.00 11/01/97 10/01/27 12.250 11.250 18.250 7.450
800322653 270,000.00 270,000.00 11/01/97 10/01/27 10.125 10.125 16.125 6.400
800322745 54,000.00 54,000.00 11/01/97 10/01/27 10.875 9.875 16.875 6.550
</TABLE>
<PAGE>
<TABLE>
Alliance Funding Page 2 10/30/97
A division of Superior Bank FSB
Sale Schedule A
1997-3 Class 2-3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
<CAPTION>
LSAMS Zip
Pool ID Sale ID Account Name Address City State Code
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
48 SBC578 800323909 VITIELLO PASQUINO J 548 CORBETT PLACE ORADELL NJ 07649
48 SBC578 800324543 FRANCIS MERLINE 723 LAFAYETTE AVENUE BROOKLYN NY 11221
48 SBC578 800325656 SIGNORE TERESA 120 GROSS DRIVE ALIQUIPPA PA 15001
48 SBC578 800326993 DELANEY MARIE GIBSON 8 TUNKHANNA AVENUE LAKE HARMONY PA 18642
48 SBC578 800327116 BEDELL FREDERICK 1 UHL STREET RONKONKOMA NY 11779
48 SBC578 800333171 SNYDER CAROLE A 1736 EAST PAULISTA WAY SANDY UT 84093
48 SBC578 800335259 THOMAS CURT G 624 LAFAYETTE AVENUE BROOKLYN NY 11216
48 SBC579 800335382 REYNOLDS THOMAS 1796 A PACIFIC STREET BROOKLYN NY 11233
48 SBC578 800335531 CLENDENING JAMES D 6 ROSALIE DRIVE OLD FORGE PA 18518
48 SBC578 800335754 WRIGHT JAMES R RR 1 BOX 22 CANTON PA 17724
48 SBC579 800336125 DRUCKER JESSE 137 CARMAN STREET PATCHOGUE NY 11772
48 SBC578 800336729 CLEMMER DIANE 23 OAKLAND BAY COURT LITTLE EGG HARBOR NJ 08087
48 SBC578 800340176 DIAS DOMINGOS 1143- 1145 IRANISTAN AVENU BRIDGEPORT CT 06601
48 SBC578 800340366 PEARSON CHRISTINE E 58195 JUPITER PLACE STEAMBOAT SPRINGS CO 80477
48 SBC578 800342628 BOLEY MARY JO 2400 CRAWFORD AVENUE ALTOONA PA 16602
48 SBC578 800342644 SMOTHERS MARIE 25-32 99TH STREET EAST ELMHURST NY 11369
48 SBC578 800342727 MARCELLE GLORIA 165 15 144TH DRIVE SPRINGFIELD GARDENS NY 11413
48 SBC578 800343766 NEWSOM MICHAEL JOSEPH 372 SOCIAL CIRCLE FAIRPLAY SOCIAL CIRCLE GA 30279
48 SBC578 800346595 ELLEFSEN RANDALL 855 NORTH SWISS FARMS CIRC MIDWAY UT 84049
48 SBC578 800347577 LEIDIG NANCI 164 MILLER PLACE ROAD MILLER PLACE NY 11764
48 SBC579 800348377 ARPAIO JOSEPH 202 NORTH DELAWARE AVENUE N. MASSAPEQUA NY 11758
48 SBC578 800349235 WAGNER LUCY E 3486 OLD PEACHTREE ROAD DACULA GA 30019
48 SBC578 800349250 DURR PAMELA E 621 ROXBURY DRIVE RIVERDALE GA 30274
48 SBC578 800350670 THORP DEBORAH L 68 RIVERWOOD AVENUE BEDMINSTER NJ 07921
48 SBC578 800352171 MCGEE BRUCE J 120 ELM STREET HUDSON CO 80642
48 SBC579 800352775 LOWE KRAIG 2200 SHERRELWOOD DRIVE DENVER CO 80221
48 SBC579 800355380 GAY CHRISTINE A 2860 OLDE SAVANNAH COVE SUWANEE GA 30174
48 SBC578 800356529 WOOTEN CYNTHIA 37 ERNA DRIVE CORAM NY 11727
48 SBC578 800358947 GOFF DANIEL R 457 ROOSEVELT DRIVE GENEVA OH 44041
48 SBC579 800359580 MACKEY DONALD 244 CATHERINE STREET BUCHANAN NY 10511
48 SBC578 800360661 HOWELL GEORGE W 745 STEPHENSON RIDGE STONE MOUNTAIN GA 30087
48 SBC578 800360810 DOUGLASS RICKEY C 356 BOOTH HILL ROAD TRUMBULL CT 06611
48 SBC579 800360877 MAIORANA ANTHONY 202 SOUTH HILLSIDE AVENUE SUCCASUNNA NJ 07876
48 SBC578 800362675 BLAKELY GEORGE M 932 WOODLAWN STREET SCRANTON PA 18509
48 SBC578 800368938 DARLING MICHAEL P. 2 NORTH STREET BALLSTON LAKE NY 12019
48 SBC579 800370132 JACKSON TIMOTHY M 425 WEST C STREET NEWTON NC 28658
48 SBC578 800379737 GREENWAY JON A 166 BYWATER WAY PORT LUDLOW WA 98365
48 SBC578 800383655 GOTTHARDT ROBERT JOHN 4310 WATSON DRIVE WILMINGTON NC 28405
48 SBC578 800383796 BUGGE CHARLES M 253 SPEEDWELL AVENUE MORRISTOWN NJ 07960
48 SBC578 800384760 SMITH, TERRY L. 209 COUNTY ROAD 308 DUMONT CO 80436
48 SBC578 800390247 MCFADDEN JOHN F 6391 62ND WAY NORTH PINELLAS PARK FL 33781
-----------------------------------------
104 Sale Total
104 Total with Superior
104 Grand Total
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- --------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800323909 375,000.00 375,000.00 11/01/97 10/01/27 9.625 8.625 15.625 5.000
800324543 162,000.00 162,000.00 10/01/97 09/01/27 9.375 9.375 15.375 6.050
800325656 117,000.00 116,950.94 10/01/97 09/01/27 10.250 9.250 16.250 5.750
800326993 52,800.00 52,800.00 11/01/97 10/01/27 10.625 9.625 16.625 5.750
800327116 113,000.00 113,000.00 11/01/97 10/01/27 10.750 9.750 16.750 6.250
800333171 137,250.00 137,250.00 11/01/97 10/01/27 11.500 10.500 17.500 7.150
800335259 130,400.00 130,400.00 11/01/97 10/01/27 12.500 11.500 18.500 8.250
800335382 90,000.00 90,000.00 11/01/97 10/01/27 9.375 9.375 15.375 6.050
800335531 91,200.00 91,200.00 11/01/97 10/01/27 8.500 7.500 14.500 4.500
800335754 52,700.00 52,700.00 11/01/97 10/01/27 11.125 10.125 17.125 6.500
800336125 95,625.00 95,585.96 10/01/97 09/01/27 10.375 10.375 16.375 7.000
800336729 71,920.00 71,920.00 11/01/97 10/01/27 11.625 10.625 17.625 7.250
800340176 77,000.00 77,000.00 11/01/97 10/01/27 10.125 9.125 16.125 5.900
800340366 216,500.00 216,500.00 11/01/97 10/01/27 10.125 10.125 16.125 6.750
800342628 58,800.00 58,800.00 11/01/97 10/01/27 8.750 7.750 14.750 4.500
800342644 186,300.00 186,300.00 11/01/97 10/01/27 9.125 9.125 15.125 5.750
800342727 112,800.00 112,800.00 11/01/97 10/01/27 13.125 12.125 19.125 8.625
800343766 184,500.00 184,500.00 11/01/97 10/01/27 8.875 8.875 14.875 6.050
800346595 275,000.00 275,000.00 11/01/97 10/01/27 10.000 9.000 16.000 5.800
800347577 258,300.00 258,197.35 11/01/97 10/01/27 10.500 10.500 16.500 7.150
800348377 159,800.00 159,800.00 11/01/97 10/01/27 10.875 10.875 16.875 7.550
800349235 62,250.00 62,250.00 11/01/97 10/01/27 9.875 8.875 15.875 5.550
800349250 67,050.00 67,050.00 11/01/97 10/01/27 10.875 9.875 16.875 6.250
800350670 40,000.00 40,000.00 11/01/97 10/01/27 11.250 10.250 17.250 6.550
800352171 72,250.00 72,140.09 10/01/97 09/01/17 8.875 8.875 14.875 5.550
800352775 101,600.00 101,559.62 10/01/97 09/01/27 10.500 10.500 16.500 7.100
800355380 132,500.00 132,500.00 11/01/97 10/01/27 10.875 10.875 16.875 7.550
800356529 101,200.00 101,200.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800358947 97,750.00 97,750.00 11/01/97 10/01/27 10.750 9.750 16.750 6.250
800359580 141,525.00 141,525.00 11/01/97 10/01/27 11.375 10.375 17.375 6.850
800360661 80,910.00 80,910.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800360810 186,300.00 186,300.00 11/01/97 10/01/27 10.250 10.250 16.250 6.800
800360877 216,750.00 216,750.00 11/01/97 10/01/27 11.875 10.875 17.875 7.550
800362675 120,600.00 120,600.00 11/01/97 10/01/27 10.250 9.250 16.250 5.750
800368938 100,000.00 100,000.00 11/01/97 10/01/27 12.125 11.125 18.125 7.250
800370132 54,000.00 54,000.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800379737 300,000.00 300,000.00 11/01/97 10/01/27 8.125 7.125 14.125 3.750
800383655 97,750.00 97,750.00 11/01/97 10/01/27 8.875 7.875 14.875 4.500
800383796 184,500.00 184,434.21 10/01/97 09/01/27 11.000 10.000 17.000 6.800
800384760 108,000.00 108,000.00 11/01/97 10/01/27 12.125 11.125 18.125 7.250
800390247 59,900.00 59,900.00 11/01/97 10/01/27 10.875 9.875 16.875 6.000
--------------------------------- ------ ---------------------------
12,179,934.00 12,177,263.33 10.562 9.855 16.562 6.360
12,179,934.00 12,177,263.33 10.562 9.855 16.562 6.360
12,179,934.00 12,177,263.33 10.562 9.855 16.562 6.360
</TABLE>
<PAGE>
<TABLE>
Alliance Funding Page 1 10/30/97
A division of Superior Bank FSB
Sale Schedule B
1997-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
48 SB577 161514773 THAME MAURA 120,657.00 1 1,081.21 120,606.40
48 SB577 161528724 GEVARA DANIEL JR. 107,100.00 1 814.04 107,100.00
48 SB577 161533914 PELLETIER MICHAEL J 160,000.00 1 1,374.65 159,925.35
48 SB577 161536966 HAIRSTON LORI 56,000.00 1 565.27 55,983.06
48 SB577 161538632 KOSMOWSKI WOJCIECH 94,500.00 1 829.31 94,500.00
48 SB577 161540265 HANSON DAVID A 92,800.00 1 936.73 92,800.00
48 SB577 161543426 FERREIRA VALTER 37,100.00 4 335.91 37,100.00
48 SB577 161544291 BARNES PATSIE J 34,200.00 1 348.50 34,200.00
48 SB577 161549696 CULP RANDY L 250,000.00 1 2,523.52 250,000.00
48 SB577 161550835 NICHOLSON DELORES 60,000.00 4 571.39 60,000.00
48 SB577 161550983 BALTZLY ANITA L 87,100.00 1 879.20 87,100.00
48 SB577 161553144 HINES DAVID 74,700.00 3 669.39 74,700.00
48 SB577 161553516 BENGOUGH ALFRED 135,000.00 1 1,222.30 135,000.00
48 SB577 161553912 CHURCHILL DAVID 30,750.00 1 298.66 30,750.00
48 SB577 161554100 BRADSHAW NORMAN 32,400.00 1 293.35 32,400.00
48 SB577 161555420 PETRO ALBERT M 65,600.00 1 706.49 65,600.00
48 SB577 161556758 WHITINGER KEITH E 119,000.00 1 978.98 119,000.00
48 SB577 161557434 KREMKE DONALD W 89,200.00 1 960.65 89,200.00
48 SB577 161559257 FARRAR JOHN A 68,400.00 1 651.39 68,400.00
48 SB577 161559893 HOAG WILLIAM M 33,800.00 1 309.18 33,800.00
48 SB577 161560164 ZENDZIAN JEFFREY D 94,500.00 1 891.03 94,500.00
48 SB577 161562178 THIBODEAUX DOLORES C 120,000.00 1 1,304.03 120,000.00
48 SB577 161563234 WEIGHTMAN WILLIAM J 95,600.00 1 974.16 95,600.00
48 SB577 161564786 ADAMS LORRAINE 55,000.00 1 508.25 55,000.00
48 SB577 161566922 LUNDBERG JASON A 28,800.00 1 236.93 28,800.00
48 SB577 161570189 BLAZEKOVIC JOSEPH JR 145,000.00 1 1,140.72 145,000.00
48 SBC579 180083008 GORDON BRAINARD L 124,270.00 1 1,147.73 123,803.83
48 SBC578 800178865 REDMOND PETER 225,400.00 3 2,232.12 225,107.68
48 SBC578 800200347 WARNER CHRISTINE 60,800.00 1 690.44 60,800.00
48 SBC578 800228546 DACRES JOAN 127,500.00 1 1,311.49 127,426.66
48 SBC579 800230716 PATEL BIPIN D 89,200.00 1 766.37 89,116.42
48 SBC578 800238719 LODIN BIBI A 68,700.00 1 615.62 68,642.14
48 SBC579 800241283 YASSER HANNA R 95,625.00 1 883.67 95,550.69
48 SBC578 800241424 VARNER GWENDOLYN 97,600.00 1 802.94 97,549.39
48 SBC578 800242034 MARSHALL CAROL M 62,600.00 1 520.68 62,504.42
48 SBC579 800246423 REGA BERNARDINO 81,000.00 1 725.84 80,897.23
48 SBC578 800259913 ROACH FLORA 104,000.00 1 1,039.83 103,835.18
48 SBC578 800260218 BECKER ROBERT 200,000.00 1 1,699.98 199,904.19
48 SBC578 800260408 MACDONALD JEFFERY MICHAEL 51,000.00 1 433.50 50,951.15
48 SBC579 800263485 MUNDLE PAUL A 45,900.00 1 415.58 45,862.36
48 SBC578 800272981 ROGERS SHAWN 161,100.00 1 1,413.77 161,100.00
48 SBC578 800278491 BARBER RAYMOND 100,000.00 3 886.82 99,869.69
48 SBC579 800282550 SHAFFER STANLEY 232,262.00 1 2,433.87 232,199.14
48 SBC578 800284309 DE KENIPP CHRISTOPHE M 32,400.00 1 352.09 32,400.00
48 SBC578 800292260 DELSORBO WILLIAM 168,000.00 1 1,536.77 168,000.00
48 SBC578 800293961 KUHN JOHN P 90,000.00 1 789.81 90,000.00
48 SBC578 800296709 RAGHUNATHAN ASOK 106,900.00 1 1,224.45 106,856.11
48 SBC578 800297525 STALEY JEROME N 85,500.00 1 711.15 85,456.82
48 SBC578 800301228 GARRIDO FREDDIE 159,000.00 3 1,410.05 159,000.00
48 SBC578 800304081 WALTY ELAINE 66,950.00 1 766.85 66,950.00
48 SBC579 800308256 FERGUSON DEBORAH P 73,600.00 1 721.84 73,551.43
48 SBC578 800309023 PARATO BARBARA 139,500.00 3 1,198.53 139,500.00
48 SBC579 800310013 GUZMAN JUAN A 43,850.00 1 364.72 43,827.86
48 SBC578 800313413 PENA ANTONIO 142,400.00 1 1,423.77 142,400.00
48 SBC578 800315418 ONIYIDE MELVILLE I 194,400.00 1 1,688.07 194,311.68
48 SBC579 800316093 GLADSTONE MURRAY J 139,200.00 1 1,539.83 139,200.00
48 SBC578 800316846 JAMISON JACQUELINE 30,000.00 1 277.23 30,000.00
48 SBC578 800317083 FRIEDMAN SAMUEL D 499,000.00 1 4,471.55 499,000.00
48 SBC578 800317570 NICARRY ANDREW R 102,840.00 1 959.99 102,801.28
48 SBC578 800319485 WILKEY ANTHONY 121,500.00 1 1,145.62 121,500.00
48 SBC578 800319618 TRACY ELIZABETH L 104,000.00 1 1,089.82 104,000.00
48 SBC578 800322653 HAZEN JACK 270,000.00 4 2,394.43 270,000.00
48 SBC578 800322745 GUTIERREZ AC ANTONIO 54,000.00 1 509.17 54,000.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- --------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
161514773 84.9 09/01/99 10.250 142,000.00 Y
161528724 85.0 10/01/99 8.375 126,000.00 Y
161533914 79.6 09/01/99 9.750 201,000.00 Y
161536966 80.0 09/01/99 11.750 70,000.00 Y
161538632 90.0 04/01/98 10.000 105,000.00 Y
161540265 80.0 10/01/99 11.750 116,000.00 Y
161543426 70.0 10/01/99 10.375 53,000.00 N
161544291 51.0 10/01/99 11.875 67,000.00 Y
161549696 75.7 10/01/99 11.750 330,000.00 Y
161550835 60.0 10/01/99 11.000 100,000.00 Y
161550983 84.9 10/01/99 11.750 102,500.00 Y
161553144 64.9 10/01/99 10.250 115,000.00 N
161553516 90.0 10/01/99 10.375 150,000.00 Y
161553912 75.0 10/01/99 11.250 41,000.00 Y
161554100 90.0 10/01/99 10.375 36,000.00 Y
161555420 80.0 10/01/99 12.625 82,000.00 Y
161556758 85.0 10/01/99 9.250 140,000.00 Y
161557434 84.9 10/01/99 12.625 105,000.00 Y
161559257 84.9 10/01/99 11.000 80,500.00 Y
161559893 59.2 10/01/99 10.500 57,000.00 N
161560164 90.0 10/01/99 10.875 105,000.00 Y
161562178 80.0 10/01/99 12.750 150,000.00 Y
161563234 84.9 10/01/99 11.875 112,500.00 Y
161564786 61.1 10/01/99 10.625 90,000.00 Y
161566922 80.0 10/01/99 9.250 36,000.00 Y
161570189 77.1 10/01/99 8.750 188,000.00 Y
180083008 85.0 01/01/98 10.625 146,200.00 Y
800178865 69.3 06/01/99 11.500 325,000.00 Y
800200347 80.0 09/01/99 13.375 76,000.00 Y
800228546 85.0 07/01/99 12.000 150,000.00 Y
800230716 80.0 07/01/99 9.750 111,500.00 Y
800238719 70.1 08/01/99 10.250 98,000.00 Y
800241283 75.0 08/01/99 10.625 127,500.00 Y
800241424 80.0 03/01/98 9.250 122,000.00 Y
800242034 74.9 01/01/98 9.375 83,500.00 Y
800246423 90.0 07/01/99 10.250 90,000.00 Y
800259913 80.0 10/01/97 11.625 130,000.00 Y
800260218 68.9 09/01/99 9.625 290,000.00 N
800260408 85.0 08/01/99 9.625 60,000.00 Y
800263485 85.0 02/01/98 10.375 54,000.00 Y
800272981 90.0 04/01/98 10.000 179,000.00 Y
800278491 80.0 12/01/97 10.125 125,000.00 Y
800282550 85.0 09/01/99 12.250 273,250.00 Y
800284309 80.0 10/01/99 12.750 40,500.00 Y
800292260 77.0 04/01/98 10.500 218,000.00 Y
800293961 90.0 10/01/99 10.000 100,000.00 Y
800296709 80.9 08/01/99 13.500 132,000.00 Y
800297525 90.0 03/01/98 9.375 95,000.00 Y
800301228 84.5 10/01/99 10.125 188,000.00 Y
800304081 70.4 10/01/99 13.500 95,000.00 Y
800308256 80.0 02/01/98 11.375 92,000.00 Y
800309023 90.0 04/01/98 9.750 155,000.00 Y
800310013 89.9 09/01/99 9.375 48,750.00 Y
800313413 80.0 10/01/99 11.625 178,000.00 Y
800315418 90.0 03/01/98 9.875 216,000.00 Y
800316093 80.0 10/01/99 13.000 174,000.00 Y
800316846 60.0 10/01/99 10.625 50,000.00 N
800317083 52.5 09/01/99 10.250 950,000.00 Y
800317570 85.9 10/01/99 10.750 119,600.00 Y
800319485 90.0 10/01/99 10.875 135,000.00 Y
800319618 80.0 10/01/99 12.250 130,000.00 Y
800322653 90.0 04/01/98 10.125 300,000.00 Y
800322745 90.0 10/01/99 10.875 60,000.00 Y
</TABLE>
<PAGE>
<TABLE>
Alliance Funding Page 2 10/30/97
A division of Superior Bank FSB
Sale Schedule B
1997-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
48 SBC578 800323909 VITIELLO PASQUINO J 375,000.00 1 3,187.46 375,000.00
48 SBC578 800324543 FRANCIS MERLINE 162,000.00 3 1,347.44 162,000.00
48 SBC578 800325656 SIGNORE TERESA 117,000.00 1 1,048.44 116,950.94
48 SBC578 800326993 DELANEY MARIE GIBSON 52,800.00 1 487.92 52,800.00
48 SBC578 800327116 BEDELL FREDERICK 113,000.00 1 1,054.83 113,000.00
48 SBC578 800333171 SNYDER CAROLE A 137,250.00 1 1,359.17 137,250.00
48 SBC578 800335259 THOMAS CURT G 130,400.00 3 1,391.70 130,400.00
48 SBC579 800335382 REYNOLDS THOMAS 90,000.00 3 748.57 90,000.00
48 SBC578 800335531 CLENDENING JAMES D 91,200.00 1 701.25 91,200.00
48 SBC578 800335754 WRIGHT JAMES R 52,700.00 1 506.86 52,700.00
48 SBC579 800336125 DRUCKER JESSE 95,625.00 1 865.80 95,585.96
48 SBC578 800336729 CLEMMER DIANE 71,920.00 1 719.08 71,920.00
48 SBC578 800340176 DIAS DOMINGOS 77,000.00 3 682.85 77,000.00
48 SBC578 800340366 PEARSON CHRISTINE E 216,500.00 1 1,919.98 216,500.00
48 SBC578 800342628 BOLEY MARY JO 58,800.00 1 462.58 58,800.00
48 SBC578 800342644 SMOTHERS MARIE 186,300.00 3 1,515.80 186,300.00
48 SBC578 800342727 MARCELLE GLORIA 112,800.00 1 1,258.82 112,800.00
48 SBC578 800343766 NEWSOM MICHAEL JOSEPH 184,500.00 1 1,467.96 184,500.00
48 SBC578 800346595 ELLEFSEN RANDALL 275,000.00 1 2,413.32 275,000.00
48 SBC578 800347577 LEIDIG NANCI 258,300.00 1 2,362.78 258,197.35
48 SBC579 800348377 ARPAIO JOSEPH 159,800.00 1 1,506.74 159,800.00
48 SBC578 800349235 WAGNER LUCY E 62,250.00 1 540.55 62,250.00
48 SBC578 800349250 DURR PAMELA E 67,050.00 1 632.21 67,050.00
48 SBC578 800350670 THORP DEBORAH L 40,000.00 1 388.50 40,000.00
48 SBC578 800352171 MCGEE BRUCE J 72,250.00 7 644.26 72,140.09
48 SBC579 800352775 LOWE KRAIG 101,600.00 1 929.38 101,559.62
48 SBC579 800355380 GAY CHRISTINE A 132,500.00 1 1,249.33 132,500.00
48 SBC578 800356529 WOOTEN CYNTHIA 101,200.00 1 916.27 101,200.00
48 SBC578 800358947 GOFF DANIEL R 97,750.00 1 912.48 97,750.00
48 SBC579 800359580 MACKEY DONALD 141,525.00 1 1,388.03 141,525.00
48 SBC578 800360661 HOWELL GEORGE W 80,910.00 1 732.56 80,910.00
48 SBC578 800360810 DOUGLASS RICKEY C 186,300.00 1 1,669.44 186,300.00
48 SBC579 800360877 MAIORANA ANTHONY 216,750.00 1 2,208.68 216,750.00
48 SBC578 800362675 BLAKELY GEORGE M 120,600.00 1 1,080.70 120,600.00
48 SBC578 800368938 DARLING MICHAEL P. 100,000.00 1 1,038.24 100,000.00
48 SBC579 800370132 JACKSON TIMOTHY M 54,000.00 1 488.92 54,000.00
48 SBC578 800379737 GREENWAY JON A 300,000.00 1 2,227.49 300,000.00
48 SBC578 800383655 GOTTHARDT ROBERT JOHN 97,750.00 1 777.74 97,750.00
48 SBC578 800383796 BUGGE CHARLES M 184,500.00 3 1,757.04 184,434.21
48 SBC578 800384760 SMITH, TERRY L. 108,000.00 1 1,121.30 108,000.00
48 SBC578 800390247 MCFADDEN JOHN F 59,900.00 1 564.79 59,900.00
------------------------------------------------------------- ------------------------------
104 Sale Total 12,179,934.00 112,278.49 12,177,263.33
104 Total with Superior 12,179,934.00 112,278.49 12,177,263.33
104 Grand Total 12,179,934.00 112,278.49 12,177,263.33
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800323909 89.9 10/01/99 9.625 417,000.00 Y
800324543 90.0 03/01/98 9.375 180,000.00 Y
800325656 90.0 09/01/99 10.250 130,000.00 Y
800326993 80.0 10/01/99 10.625 66,000.00 Y
800327116 85.9 10/01/99 10.750 131,500.00 Y
800333171 75.0 10/01/99 11.500 183,000.00 Y
800335259 80.0 10/01/99 12.500 163,000.00 Y
800335382 90.0 04/01/98 9.375 100,000.00 Y
800335531 80.0 10/01/99 8.500 114,000.00 Y
800335754 85.0 10/01/99 11.125 62,000.00 Y
800336125 85.0 03/01/98 10.375 112,500.00 Y
800336729 80.0 10/01/99 11.625 89,900.00 Y
800340176 70.0 10/01/99 10.125 110,000.00 N
800340366 84.9 04/01/98 10.125 255,000.00 Y
800342628 80.0 10/01/99 8.750 73,500.00 Y
800342644 90.0 04/01/98 9.125 207,000.00 Y
800342727 80.0 10/01/99 13.125 141,000.00 Y
800343766 90.0 04/01/98 8.875 205,000.00 Y
800346595 57.2 10/01/99 10.000 480,000.00 N
800347577 89.7 04/01/98 10.500 287,936.00 Y
800348377 84.7 04/01/98 10.875 188,500.00 Y
800349235 75.0 10/01/99 9.875 83,000.00 Y
800349250 84.9 10/01/99 10.875 78,900.00 Y
800350670 19.0 10/01/99 11.250 210,000.00 Y
800352171 85.0 03/01/98 8.875 85,000.00 Y
800352775 80.0 03/01/98 10.500 127,000.00 Y
800355380 84.9 04/01/98 10.875 155,900.00 Y
800356529 80.9 10/01/99 10.375 125,000.00 Y
800358947 85.0 10/01/99 10.750 115,000.00 Y
800359580 85.0 10/01/99 11.375 166,500.00 Y
800360661 90.0 10/01/99 10.375 89,900.00 Y
800360810 90.0 04/01/98 10.250 207,000.00 Y
800360877 85.0 10/01/99 11.875 255,000.00 Y
800362675 90.0 10/01/99 10.250 134,000.00 Y
800368938 80.0 10/01/99 12.125 125,000.00 Y
800370132 90.0 10/01/99 10.375 60,000.00 Y
800379737 80.0 10/01/99 8.125 375,000.00 Y
800383655 85.0 10/01/99 8.875 115,000.00 Y
800383796 90.0 09/01/99 11.000 205,000.00 Y
800384760 80.0 10/01/99 12.125 135,000.00 Y
800390247 70.0 10/01/99 10.875 85,500.00 Y
- ------------------------ ------ ------------
104 80.9 10.572 15,447,836.00
104 80.9 10.572 15,447,836.00
104 80.9 10.572 15,447,836.00
</TABLE>
<PAGE>
ADDITION NOTICE
Date: October 30, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of
September 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
1997-3 Sub-Pool 1
---------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated the Subsequent Mortgage Loans to be sold
to the Trust Fund on October 30, 1997, with an aggregate principal balance of
$2,280,000.00*. 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,
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: Trust Officer
Date: October 30, 1997
- ----------
* Approximate
7
<PAGE>
ADDITION NOTICE
Date: October 30, 1997
LaSalle National Bank
135 South LaSalle Street
Chicago, Illinois 60603
Re: Pooling and Servicing Agreement, dated as of
September 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
1997-3 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 October 30, 1997, with an aggregate principal balance of
$12,170,000.00*. 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,
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: Trust Officer
Date: October 30, 1997
- ----------
* Approximate
8
<PAGE>
OFFICER'S CERTIFICATE
I, William Bracken hereby certify that I am the duly elected Senior Vice
President and Chief Financial Officer of Superior Bank FSB, a federally
chartered stock savings bank (the "Depositor"), and further, to the best of my
knowledge and after due inquiry, as follows:
Each condition precedent specified in Section 2.10(b), Section 2.10(c)
and Section 2.10(d) for the Subsequent Mortgage Loans of the Pooling and
Servicing Agreement, dated as of September 1, 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: October 30, 1997 By: /s/ WILLIAM C. BRACKEN
---------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
9
