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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) June 25, 1998
SUPERIOR BANK FSB (as depositor under the Pooling and Servicing Agreement, dated
as of June 1, 1998, providing for the issuance of AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2)
SUPERIOR BANK FSB
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(Exact name of registrant as specified in its charter)
UNITED STATES 333-39199 36-1414142
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
ONE LINCOLN CENTRE
OAKBROOK TERRACE, ILLINOIS 60181
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (630) 916-4000
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Item 2. Acquisition or Disposition of Assets
Description of the Certificates, Group 1 and Group 2
On June 25, 1998 a single series of certificates, entitled AFC Mortgage
Loan Asset Backed Certificates, Series 1998-2 (the "Certificates") were issued
pursuant to a pooling and servicing agreement (the "Agreement") attached hereto
as Exhibit 4.1, dated as of June 1, 1998, among Superior Bank FSB, as depositor
(the "Depositor") and as servicer (the "Servicer") and LaSalle National Bank, as
trustee (the "Trustee"). The Certificates consist of three classes identified as
Class 1A, Class 2A (collectively, the "Class A Certificates") and Class R (the
"Class R Certificates"). The Certificates evidence in the aggregate the entire
beneficial ownership interest in a trust fund comprised of Group 1 and Group 2
(the "Trust Fund"), consisting primarily of first and second liens on
single-family properties, multifamily properties, commercial properties and
mixed residential and commercial structures (the "Mortgage Loans") with an
aggregate principal balance of $$292,527,279.39 as of June 1, 1998 (the "Cut-off
Date") and an aggregate amount of $100,454,855.42 deposited on the Closing Date
in the Group 1 Pre-Funding Account and an aggregate amount of $79,228,918.11
deposited on the Closing Date in the Group 2 Pre-Funding Account. The Class A
Certificates were sold by the Depositor to Merrill Lynch, Pierce, Fenner & Smith
Incorporated ("Merrill") and J.P. Morgan Securities Inc. ("J.P. Morgan"),
pursuant to an underwriting agreement dated June 17, 1998 among the Depositor,
Merrill and J.P. Morgan.
The Class A Certificates evidence, in the aggregate, $465,000,000 principal
amount as of the Cut-off Date. The Class 1A Certificates will be entitled to
payments of interest accrued on the outstanding Class 1A Principal Balance at a
variable pass-through rate. The Class 2A Certificates will be entitled to
payments of interest accrued on the outstanding Class 2A Principal Balance at a
variable pass-through rate. In addition, on each Remittance Date, each of the
Class A Certificates will be entitled to distributions allocable to principal
which will, as more fully described in the Agreement, include the principal
portion of all scheduled and unscheduled payments received on the Mortgage Loans
during an Accrual Period.
Credit support in respect of certain losses realized on the Mortgage Loans
will be covered by a certificate insurance policy (the "Certificate Insurance
Policy") issued by Financial Guaranty Insurance Company (the "Certificate
Insurer") and, if the related Remittance Date is prior to the Cross-over Date,
Excess Spread received by the Servicer. The Certificate Insurance Policy will
irrevocably and unconditionally guaranty payment on each Remittance Date to the
Holders of the Class A Certificates of the related Class A Remittance Amount. If
the related Remittance Date is prior to the Cross-Over Date with respect to a
particular Group, Holders of the Class A Certificates will have a right to 100%
of the related Excess Spread to fund the amount by which the related Class A
Remittance Amount with respect to all Classes of related Class A Certificates
exceeds the related Available Remittance Amount for such Remittance Date. To the
extent available, the Net Excess Spread and Excess Principal with respect to a
Group will then be applied
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to cover any Available Funds Shortfall with respect to the other Group.
Capitalized terms used herein and not otherwise defined shall have the meanings
assigned to them in the Agreement.
On June 29, 1998, 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 $40,332,902.45 with respect to Group 1 with
funds on deposit in the Group 1 Pre-Funding Account and $41,472,143.64 with
respect to Group 2 with funds on deposit in the Group 2 Pre-Funding Account,
each established pursuant to the Agreement at a purchase price equal to the
principal balance thereof, which Subsequent Mortgage Loans were conveyed to the
Trustee pursuant to a Subsequent Transfer Instrument, dated June 29, 1998,
between the Depositor and the Trustee (the "June 29 Instrument"). Attached to
the June 29 Instrument are the Mortgage Loan Schedules with respect to Group 1
and Group 2 listing the related Subsequent Mortgage Loans that are the subject
of such June 29 Instrument.
Items 3 through 6 and Item 8 are not included because they are not
applicable.
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits
4.1 Pooling and Servicing Agreement, dated as of June 1, 1998, by and among
Superior Bank FSB, as Depositor and Servicer and LaSalle National Bank, as
Trustee.
4.2 Subsequent Transfer Instrument, dated June 29, 1998, between Superior
Bank FSB, as Depositor and LaSalle National Bank, as Trustee.
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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
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Name: William C. Bracken
Title: Senior Vice President
and Chief Financial Officer
Dated: June 26, 1998
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EXHIBITS TABLE
4.1 Pooling and Servicing Agreement, dated as of June 1, 1998, by and among
Superior Bank FSB, as Depositor and Servicer and LaSalle National Bank, as
Trustee.
4.2 Subsequent Transfer Instrument, dated June 29, 1998, between Superior
Bank FSB, as Depositor and LaSalle National Bank, as Trustee.
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POOLING AND SERVICING AGREEMENT
Dated as of June 1, 1998
LASALLE NATIONAL BANK
(Trustee)
and
SUPERIOR BANK FSB
(Depositor and Servicer)
AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2
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TABLE OF CONTENTS
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ARTICLE I
DEFINITIONS .................................................................. 2
ARTICLE II
SALE AND CONVEYANCE OF THE TRUST FUND ....................................... 38
Section 2.01 Sale and Conveyance of Trust Fund; Priority
and Subordination of Ownership Interests ............ 38
Section 2.02 Possession of Mortgage Files ........................ 38
Section 2.03 Books and Records ................................... 38
Section 2.04 Delivery of Mortgage Loan Documents ................. 39
Section 2.05 Acceptance by Trustee of the Trust Fund;
Certain Substitutions; Certification by
Trustee ............................................. 42
Section 2.06 [Reserved] .......................................... 45
Section 2.07 Execution of Certificates ........................... 45
Section 2.08 Fees and Expenses of the Trustee .................... 45
Section 2.09 Application of Principal and Interest ............... 45
Section 2.10 Conveyance of the Subsequent Mortgage Loans ......... 45
ARTICLE III
REPRESENTATIONS AND WARRANTIES .............................................. 50
Section 3.01 Representations of the Depositor .................... 50
Section 3.02 Individual Mortgage Loans ........................... 52
Section 3.03 Purchase and Substitution ........................... 61
ARTICLE IV
THE CERTIFICATES ............................................................ 64
Section 4.01 The Certificates .................................... 64
Section 4.02 Registration of Transfer and Exchange of
Certificates ........................................ 64
Section 4.03 Mutilated, Destroyed, Lost or Stolen
Certificates ........................................ 69
Section 4.04 Persons Deemed Owners ............................... 69
Section 4.05 Information Reports to be Filed by the
Servicer ............................................ 70
ARTICLE V
ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS .......................... 71
Section 5.01 Duties of the Servicer .............................. 71
Section 5.02 Liquidation of Mortgage Loans ....................... 73
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Section 5.03 Establishment of Principal and Interest Accounts;
Deposits in Principal and Interest Accounts ......... 74
Section 5.04 Permitted Withdrawals From the Principal and
Interest Account .................................... 75
Section 5.05 Payment of Property Taxes, Insurance and Other
Charges ............................................. 77
Section 5.06 Transfer of Accounts; Monthly Statements ............ 77
Section 5.07 Maintenance of Hazard Insurance ..................... 78
Section 5.08 Maintenance of Mortgage Impairment Insurance
Policy .............................................. 78
Section 5.09 Fidelity Bond ....................................... 79
Section 5.10 Title, Management and Disposition of REO Property ... 79
Section 5.11 Right to Repurchase Defaulted Mortgage Loans ........ 82
Section 5.12 Collection of Certain Mortgage Loan Payments ........ 82
Section 5.13 Access to Certain Documentation and Information
Regarding the Mortgage Loans ........................ 83
Section 5.14 Superior Liens ...................................... 83
Section 5.15. Environmental Matters ............................... 84
Section 5.16 Acknowledgment of Duties and Obligations ............ 84
ARTICLE VI
PAYMENTS TO THE CERTIFICATEHOLDERS .......................................... 85
Section 6.01 Establishment of Certificate Account; Deposits
in Certificate Account .............................. 85
Section 6.02 Permitted Withdrawals from Certificate Account ...... 85
Section 6.03 Establishment of Trustee Expense Account;
Deposits in Trustee Expense Account; Permitted
Withdrawals from Trustee Expense Account ............ 86
Section 6.04 Payment of Monthly Premium to Certificate Insurer ... 88
Section 6.05 Investment of Accounts .............................. 88
Section 6.06 Priority and Subordination of Distributions ......... 89
Section 6.07 Insufficiency of Amount Available or Net Excess
Amount Available .................................... 97
Section 6.08 Statements .......................................... 98
Section 6.09 Advances by the Servicer ........................... 102
Section 6.10 Compensating Interest .............................. 103
Section 6.11 [Reserved] ......................................... 104
Section 6.12 Pre-Funding Account ................................ 104
Section 6.13 Interest Coverage Account .......................... 105
Section 6.14 Reserve Account .................................... 106
Section 6.15 [Reserved] ......................................... 108
Section 6.16 Compliance with Withholding Requirements ........... 108
ARTICLE VII
GENERAL SERVICING PROCEDURE ................................................ 109
Section 7.01 Assumption Agreements .............................. 109
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Section 7.02 Satisfaction of Mortgages and Release of
Mortgage Files ..................................... 109
Section 7.03 Servicing Compensation ............................. 111
Section 7.04 Annual Statement as to Compliance .................. 111
Section 7.05 Annual Independent Public Accountants' Servicing
Report and Comfort Letter .......................... 112
Section 7.06 Certificateholder's, Trustee's and Certificate
Insurer's Right to Examine Servicer Records ........ 112
Section 7.07 Reports to the Trustee; Principal and Interest
Account Statements ................................. 113
ARTICLE VIII
REPORTS TO BE PROVIDED BY SERVICER ......................................... 114
Section 8.01 Financial Statements ............................... 114
ARTICLE IX
THE SERVICER ............................................................... 115
Section 9.01 Indemnification; Third Party Claims ................ 115
Section 9.02 Merger or Consolidation of the Depositor and
the Servicer ....................................... 116
Section 9.03 Limitation on Liability of the Servicer and Others . 116
Section 9.04 Servicer Not to Resign ............................. 116
Section 9.05 Representations of the Servicer .................... 117
Section 9.06 Accounting Upon Resignation or Termination of
Servicer ........................................... 118
ARTICLE X
DEFAULT .................................................................... 120
Section 10.01 Events of Default .................................. 120
Section 10.02 Trustee to Act; Appointment of Successor ........... 123
Section 10.03 Waiver of Defaults ................................. 125
ARTICLE XI
TERMINATION ................................................................ 126
Section 11.01 Termination ........................................ 126
Section 11.02 Additional Termination Requirements ................ 128
Section 11.03 Depositor's Right to Depositor's Yield Absolute .... 128
ARTICLE XII
THE TRUSTEE ................................................................ 130
Section 12.01 Duties of Trustee .................................. 130
Section 12.02 Certain Matters Affecting the Trustee .............. 132
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Section 12.03 Trustee Not Liable for Certificates or Mortgage
Loans ............................................. 133
Section 12.04 Trustee May Own Certificates ...................... 134
Section 12.05 Servicer to Pay Trustee's Fees and Expenses ....... 134
Section 12.06 Eligibility Requirements for Trustee .............. 134
Section 12.07 Resignation and Removal of the Trustee ............ 135
Section 12.08 Successor Trustee ................................. 136
Section 12.09 Merger or Consolidation of Trustee ................ 136
Section 12.10 Appointment of Co-Trustee or Separate Trustee ..... 137
Section 12.11 Tax Returns ....................................... 138
Section 12.12 Appointment of Custodians ......................... 138
Section 12.13 Trustee May Enforce Claims Without Possession
of Certificates ................................... 138
Section 12.14 Suits for Enforcement ............................. 138
Section 12.15 Control of Remedies by Certificate Insurer and
Certificateholders ................................ 139
ARTICLE XIII
REMIC PROVISIONS ........................................................... 140
Section 13.01 REMIC Administration .............................. 140
Section 13.02 Prohibited Transactions and Activities ............ 143
Section 13.03 Servicer and Trustee Indemnification .............. 143
ARTICLE XIV
MISCELLANEOUS PROVISIONS ................................................... 144
Section 14.01 Acts of Certificateholders ........................ 144
Section 14.02 Amendment ......................................... 144
Section 14.03 Recordation of Agreement .......................... 145
Section 14.04 Duration of Agreement ............................. 145
Section 14.05 Governing Law ..................................... 145
Section 14.06 Notices ........................................... 145
Section 14.07 Severability of Provisions ........................ 146
Section 14.08 No Partnership .................................... 147
Section 14.09 Counterparts ...................................... 147
Section 14.10 Successors and Assigns ............................ 147
Section 14.11 Headings .......................................... 147
Section 14.12 The Certificate Insurer ........................... 147
Section 14.13 Paying Agent ...................................... 147
Section 14.14 Actions of Certificateholders ..................... 148
Section 14.15 Grant of Security Interest ........................ 149
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EXHIBIT A CONTENTS OF MORTGAGE FILE
EXHIBIT B-1 FORM OF CLASS 1A CERTIFICATE
EXHIBIT B-2 FORM OF CLASS 2A CERTIFICATE
EXHIBIT B-3 FORM OF CLASS R CERTIFICATE
EXHIBIT B-4 FORM OF REVERSE OF CERTIFICATE
EXHIBIT C PRINCIPAL AND INTEREST ACCOUNT LETTER AGREEMENT
EXHIBIT D RESALE CERTIFICATION
EXHIBIT E ASSIGNMENT
EXHIBIT E(1) WIRING INSTRUCTIONS FORM
EXHIBIT F FORM OF TRUSTEE INITIAL CERTIFICATION
EXHIBIT F-1 FORM OF TRUSTEE INTERIM CERTIFICATION
EXHIBIT G FORM OF TRUSTEE FINAL CERTIFICATION
EXHIBIT H-1 MORTGAGE LOAN SCHEDULE FOR GROUP 1
EXHIBIT H-2 MORTGAGE LOAN SCHEDULE FOR GROUP 2
EXHIBIT I REQUEST FOR RELEASE OF DOCUMENTS
EXHIBIT J TRANSFER AFFIDAVIT
EXHIBIT J-1 FORM OF TRANSFER CERTIFICATE
EXHIBIT K SPECIAL POWER OF ATTORNEY
EXHIBIT L CUSTODIAL AGREEMENT
EXHIBIT M FORM OF LIQUIDATION REPORT
EXHIBIT N FORM OF DELINQUENCY REPORT
EXHIBIT O CERTIFICATE INSURANCE POLICY
EXHIBIT P PRINCIPAL PAYMENT TABLES
EXHIBIT Q FORM OF SERVICER'S MONTHLY REMITTANCE REPORT TO
TRUSTEE
EXHIBIT R PROPOSED SUBSEQUENT MORTGAGE LOAN SCHEDULE
EXHIBIT S MORTGAGE LOANS 30 OR MORE DAYS DELINQUENT
EXHIBIT T SUBSEQUENT TRANSFER INSTRUMENT
EXHIBIT U FORM OF ADDITION NOTICE
EXHIBIT V OFFICER'S CERTIFICATE
EXHIBIT W SCHEDULE OF MORTGAGE LOANS WITH LOST NOTE
AFFIDAVITS
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Pooling and Servicing Agreement dated as of June 1, 1998, among LaSalle
National Bank, as trustee (the "Trustee"), Superior Bank FSB, as depositor (the
"Depositor") and servicer (the "Servicer").
PRELIMINARY STATEMENT
In order to facilitate the servicing of certain Mortgage Loans by the
Servicer, the Servicer and the Depositor are entering into this Agreement with
the Trustee. The Depositor is transferring the Group 1 Mortgage Loans and Group
2 Mortgage Loans to the Trustee for the benefit of the Certificateholders under
this Agreement, pursuant to which three classes of Certificates are being issued
on the Closing Date, denominated on the face thereof as AFC Mortgage Loan Asset
Backed Certificates, Series 1998-2, Class 1A, Class 2A and Class R,
respectively.
The Class 1A, Class 2A and the Class R Certificates represent, in the
aggregate, a 100% undivided ownership interest in the Mortgage Loans and all
proceeds thereof due after the Cut-off Date with respect to the Initial Mortgage
Loans and due after a Subsequent Cut-off Date with respect to the Subsequent
Mortgage Loans (other than the Depositor's Yield). The Group 1 Initial Mortgage
Loans have an aggregate outstanding principal balance of $168,503,688.56 as of
the Cut-off Date, and the Group 2 Initial Mortgage Loans have an aggregate
outstanding principal balance of $124,023,590.83 as of the Cut-off Date, after
application of payments received by the Depositor on or before such date. The
aggregate outstanding principal balance of both Groups is $292,527,279.39 as of
the Cut-off Date. Group 1 consists of fixed rate mortgage loans and Group 2
consists of adjustable rate mortgage loans. The Class A Certificates will have
variable pass-through rates. As provided herein, the Class R Certificates are
subordinate to the Class A Certificates. As provided herein, the Servicer will
make an election that the segregated pool of assets subject to this Agreement,
including the Mortgage Loans, be treated for federal income tax purposes as a
"real estate mortgage investment conduit" (a "REMIC"). The Class 1A and Class 2A
Certificates will be "regular interests" and the Class R Certificates will be
the sole Class of "residual interests" in such REMIC.
The parties hereto agree as follows:
[Intentionally Left Blank]
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ARTICLE I
DEFINITIONS
Whenever used in this Agreement, including the Preliminary Statement, the
following words and phrases, unless the context otherwise requires, shall have
the following meanings. This Agreement relates to the Trust Fund consisting of
Group 1 and Group 2, evidenced by AFC Mortgage Loan Asset Backed Certificates,
Series 1998-2, Class 1A, Class 2A and Class R. All calculations of interest
pursuant to this Agreement, unless otherwise specified, are based on the actual
number of days elapsed in the Accrual Period and a 360-day year.
ACCOUNT: Any of the Certificate Accounts, Trustee Expense Accounts,
Interest Coverage Accounts, Reserve Accounts, Principal and Interest Accounts or
Pre-Funding Accounts established by the Trustee and held in trust by the Trustee
for the Certificateholders. The Trustee's obligation to establish and maintain
the Accounts is not delegable, except with respect to the Principal and Interest
Accounts.
ACCRUAL PERIOD: With respect to the Class 1A and Class 2A Certificates and
with respect to any Remittance Date other than the July 1998 Remittance Date,
the period commencing on the immediately preceding Remittance Date and ending on
the day immediately preceding such Remittance Date. With respect to the July
1998 Remittance Date, the period commencing on the Closing Date and ending on
the day immediately preceding the July 1998 Remittance Date.
ADDITION NOTICE: With respect to the transfer of Subsequent Mortgage Loans
to the Trust Fund pursuant to Section 2.10 of this Agreement, a notice,
substantially in the form of Exhibit U, which shall be given not later than two
Business Days prior to the related Subsequent Transfer Date, of the Depositor's
designation of Subsequent Mortgage Loans to be sold to the Trust Fund and the
aggregate principal balance of such Subsequent Mortgage Loans.
ADDITIONAL PRINCIPAL: With respect to the Class 1A or Class 2A Certificates
and any Remittance Date, an amount equal to the lesser of (i) the amount
necessary to reduce the Class 1A or Class 2A Principal Balance so that the
Overcollateralization Amount for the related Group equals the related Required
Overcollateralization Amount for such Group and (ii) the sum of (a) the
Remaining Net Excess Spread for such Group, (b) the Available Transfer Cashflow
for such Group and (c) the Net Excess Principal for such Group.
ADJUSTMENT DATE: With respect to each Group 2 Mortgage Loan, a date on
which the Mortgage Rate may adjust, as provided in the related Mortgage Note.
ADVERSE REMIC EVENT: As defined in Section 13.01(f).
AFFILIATE: With respect to any Person, any other Person controlling,
controlled by or under common control with such Person. For the purposes of this
definition, "control" means the power to direct the management and policies of
such Person, directly or indirectly,
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whether through the ownership of voting securities, by contract or otherwise;
and the terms "controlling" and "controlled" have meanings correlative to the
foregoing.
AGREEMENT: This Pooling and Servicing Agreement and all amendments hereof
and supplements hereto.
AMOUNT AVAILABLE: With respect to each Group and for a particular
Remittance Date, the sum of (i) the Available Remittance Amount for such Group
(reduced by the related Monthly Premium to be paid to the Certificate Insurer
pursuant to Section 6.04), (ii) the Excess Spread with respect to such Group for
such Remittance Date, (iii) if an Available Funds Shortfall exists in such
Group, (a) first, the Net Excess Spread from the other Group, to the extent of
such Available Funds Shortfall and (b) second, the Excess Principal from the
other Group, to the extent of any remaining Available Funds Shortfall, (iv) if
such Remittance Date is prior to the Cross-Over Date, (a) first, the Available
Transfer Cashflow, to the extent necessary to reach the Required
Overcollateralization Amount for such Group and (b) second, the Net Excess
Principal, to the extent necessary to reach the Required Overcollateralization
Amount for such Group, (v) any amounts required to be deposited in the related
Certificate Account pursuant to Section 6.14(c) and (vi) any Insured Payments
with respect to such Group.
AMOUNTS HELD FOR FUTURE DISTRIBUTION: With respect to any Group and as to
any Remittance Date, the aggregate amount held in the Principal and Interest
Accounts with respect to such Group on account of all Monthly Payments, or
portions thereof, received in respect of scheduled principal and interest due
after the Due Period related to such Remittance Date for application on the
scheduled Due Date at the request of the Mortgagor.
ANNUAL TRUSTEE EXPENSE AMOUNT: As of each Remittance Date, with respect to
each Mortgage Loan, an amount equal to one-twelfth of the product of 0.010%
multiplied by the related Principal Balance.
APPRAISED VALUE: The appraised value of the Mortgaged Property based upon
the appraisal made by or for the originator at the time of the origination of
the related Mortgage Loan, or the sales price of the Mortgaged Property at the
time of such origination, whichever is less.
ASSIGNMENT OF LEASES: With respect to any Mortgaged Property related to the
Multifamily Loans, Mixed Use Loans and Commercial Loans, any assignment of
leases, rents and profits or similar document or instrument executed by the
related Mortgagor in connection with the origination of the related Multifamily
Loan, Mixed Use Loan or Commercial Loan assigning to the mortgagee all of the
income, rents and profits derived from the ownership, operation, leasing or
disposition of all or a portion of such Mortgaged Property.
ASSIGNMENT OF MORTGAGE: With respect to each Mortgage Loan, an assignment
of the Mortgage, notice of transfer or equivalent instrument sufficient under
the laws of the jurisdiction wherein the related Mortgaged Property is located
to reflect of record the sale of the Mortgage to the Trustee for the benefit of
the Certificateholders.
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AUTHORIZED DENOMINATIONS: Each of the Class 1A and Class 2A Certificates
are issuable only in the minimum Percentage Interest corresponding to a minimum
denomination of $100,000 or integral multiples of $1,000 in excess thereof
(except that a single Certificate for each of the Class 1A and Class 2A
Certificates may be issued in a different amount which is less than the related
minimum dollar denomination).
AVAILABLE FUNDS CAP CARRY FORWARD AMOUNT: With respect to Group 2 and any
Remittance Date up to and including (but not after) the Remittance Date on which
the Class 2A Principal Balance is reduced to zero, an amount equal to the sum of
(i) the excess, if any, of (x) the Class 2A Interest Remittance Amount for the
immediately preceding Remittance Date calculated pursuant to clause (i) of the
definition of Class 2A Pass-Through Rate, but in no event greater than Class 2A
Cap Rate, over (y) the Class 2A Interest Remittance Amount for the immediately
preceding Remittance Date calculated pursuant to clause (ii) of the definition
of Class 2A Pass-Through Rate, (ii) the amount of any Available Funds Cap Carry
Forward Amount for such preceding Remittance Date to the extent not distributed
to the Class 2A Certificateholders on such preceding Remittance Date and (iii)
interest accrued on the amounts described in clauses (i) and (ii) above during
the Accrual Period for the current Remittance Date at the Class 2A Pass-Through
Rate, for such Remittance Date.
AVAILABLE FUNDS SHORTFALL: With respect to any Group and for a particular
Remittance Date, the amount by which the Available Remittance Amount plus Excess
Spread for such Group is less than the Required Payments (other than in respect
of the Class A Principal Remittance Amount after the related Cross-over Date)
for such Group.
AVAILABLE PRINCIPAL AMOUNT: With respect to any Group and for a particular
Remittance Date, the excess, if any, of the amount described in the definition
of Class A Principal Remittance Amount without giving effect to clause (a)
thereof over the amount described in the definition of Class A Principal
Remittance Amount, after giving effect to clause (a) thereof.
AVAILABLE REMITTANCE AMOUNT: With respect to each Group and Remittance
Date, the sum of the following: (i) the sum of all amounts described in clauses
(i) through (vii), inclusive, of Section 5.03 received by the Servicer or any
Subservicer (including any amounts paid by the Servicer or the Depositor and
excluding any Excess Spread with respect to the related Group, any related
Amounts Held for Future Distribution, any amounts not required to be deposited
in the related Principal and Interest Account pursuant to Section 5.03 and any
amounts withdrawn by the Servicer pursuant to Section 5.04(ii), (iii), (vi) and
(vii) as of the related Determination Date) during the related Due Period and
deposited into the related Certificate Account as of the related Determination
Date, (ii) the amount of any Monthly Advances and Compensating Interest payments
with respect to the related Group remitted by the Servicer for such Remittance
Date, (iii) with respect to the final Remittance Date in connection with the
purchase of all the Mortgage Loans and REO Properties by the Servicer or
Certificate Insurer, the Termination Price remitted by the Servicer and (iv) the
amount of any Interest Coverage Additions with respect to the related Group for
such Remittance Date. No amount included in the computation of the Available
Remittance Amount with respect to any Remittance Date by virtue
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of being described by any component of the definition thereof shall be included
more than once by virtue of also being described by any other component or
otherwise.
AVAILABLE TRANSFER CASHFLOW: With respect to each Group and for a
particular Remittance Date, an amount equal to the Remaining Net Excess Spread
for the other Group remaining after the payment, if any, of Additional Principal
on the Class A Certificates related to such other Group.
BALLOON MORTGAGE LOAN: Any Mortgage Loan that provided on the date of
origination for an amortization schedule extending beyond its stated maturity
date.
BALLOON PAYMENT: With respect to any Balloon Mortgage Loan, as of any date
of determination, the Monthly Payment payable on the stated maturity date of
such Mortgage Loan.
BOOK-ENTRY CERTIFICATE: Any Class 1A or Class 2A Certificate registered in
the name of the Depository or its nominee.
BUSINESS DAY: Any day other than (i) a Saturday or Sunday, or (ii) a day on
which banking institutions in the States of New York, Illinois or New Jersey are
authorized or obligated by law or executive order to be closed; provided,
however, that the Servicer shall provide the Trustee with a list of dates on
which banking institutions in the State of New Jersey are authorized or
obligated by law or executive order to be closed and such list shall be revised
annually thereafter and delivered to the Trustee prior to the expiration of the
most recent list provided. Failure to provide such list shall not constitute an
Event of Default; provided that the Trustee may rely on the most recently
delivered list without further investigation.
CERCLA: The Comprehensive Environmental Response, Compensation and
Liability Act of 1980, as amended.
CERTIFICATE: Any Class 1A Certificate, Class 2A Certificate or Class R
Certificate executed by the Trustee on behalf of the Trust Fund and
authenticated by the Trustee, substantially in the applicable form annexed
hereto as Exhibits B-1 through B-3.
CERTIFICATE ACCOUNT: With respect to each Group, as described in Section
6.01. With respect to Group 1, the Certificate Account shall be known as the
Group 1 Certificate Account and with respect to Group 2, the Certificate Account
shall be known as the Group 2 Certificate Account.
CERTIFICATEHOLDER or HOLDER: The Person in whose name a Certificate is
registered in the Certificate Register, except that, neither a Disqualified
Organization nor a NonUnited States Person shall be a Holder of a Class R
Certificate for any purposes hereof and, solely for the purposes of giving any
consent, waiver, request or demand pursuant to this Agreement, any Certificate
registered in the name of the Depositor, the Servicer or any Subservicer, or
registered in the name of any Person known to a Responsible Officer of the
Trustee to be an
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Affiliate of any of them, shall be deemed not to be outstanding and the
undivided Percentage Interest evidenced thereby shall not be taken into account
in determining whether the requisite Percentage Interest of Certificates
necessary to effect any such consent, waiver, request or demand has been
obtained. For purposes of any consent, waiver, request or demand of
Certificateholders pursuant to this Agreement, upon the Trustee's request, the
Depositor, the Servicer and any Subservicer shall provide to the Trustee a
notice identifying any of their respective affiliates that is a
Certificateholder as of the date(s) specified by the Trustee in such request.
All references to "Holders" or "Certificateholders" shall reflect the rights of
Certificate Owners as they may indirectly exercise such rights through the
Depository and participating members thereof, except as otherwise specified
herein; provided, however, that the Trustee shall be required to recognize as a
"Holder" or "Certificateholder" only the Person in whose name a Certificate is
registered in the Certificate Register.
CERTIFICATE INSURANCE POLICY: The certificate guaranty surety bond, policy
number 98010477, dated the Closing Date, issued by the Certificate Insurer for
the benefit of the Holders of the Class A Certificates, pursuant to which the
Certificate Insurer guarantees Insured Payments, a copy of which is attached
hereto as Exhibit O.
CERTIFICATE INSURER: Financial Guaranty Insurance Company, a New York stock
insurance corporation, or any successor thereof, as issuer of the Certificate
Insurance Policy.
CERTIFICATE OWNER: With respect to a Book-Entry Certificate, the Person who
is the beneficial owner of such Certificate as reflected on the books of the
Depository or on the books of a Person maintaining an account with the
Depository (directly or as an indirect participant, in accordance with the rules
of the Depository).
CERTIFICATE REGISTER: As defined in Section 4.02.
CERTIFICATE REGISTRAR: Initially, the Trustee, and thereafter, any
successor appointed pursuant to Section 4.02.
CLASS: Collectively, Certificates bearing the same numerical or
alphabetical designation (1A, 2A or R).
CLASS 1A CERTIFICATE: A Certificate denominated as a Class 1A Certificate.
CLASS 1A CERTIFICATEHOLDER: A Holder of a Class 1A Certificate.
CLASS 1A INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the
interest accrued at the Class 1A Pass-Through Rate for the related Accrual
Period on the Class 1A Principal Balance immediately prior to such Remittance
Date.
CLASS 1A MAJORITY CERTIFICATEHOLDERS: The Holder or Holders of Class 1A
Certificates possessing Voting Rights in excess of 50% in the aggregate.
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CLASS 1A PASS-THROUGH RATE: As to any Remittance Date, the lesser of (i)
One-Month LIBOR plus 0.20% per annum and (ii) the weighted average of the
Mortgage Rates of the Group 1 Mortgage Loans minus, with respect to Group 1, the
sum of (a) the Servicing Fee Rate, (b) the rate at which the Annual Trustee
Expense Amount is calculated and (c) the Premium Percentage; provided, however,
that on any Remittance Date on which the Servicer does not exercise its option
to purchase the Mortgage Loans and REO Properties pursuant to Section 11.01, the
rate provided in clause (i) will be One-Month LIBOR plus 0.60% per annum.
CLASS 1A PRINCIPAL BALANCE: With respect to the Class 1A Certificates and
as of any date of determination, the Original Class 1A Principal Balance reduced
by the sum of (A) all amounts (including that portion of Insured Payments, if
any, made in respect of principal) previously distributed to the Class 1A
Certificateholders in respect of principal on all previous Remittance Dates on
account of amounts described in clauses (a) or (b)(i) or each of clauses (c)(i)
through (iv), inclusive, and clauses (c)(v) (to the extent the payment pursuant
to clause (c)(v) is in respect of principal not previously covered by an Insured
Payment), (c)(vi) and (c)(viii) of the definition of Class A Principal
Remittance Amount or amounts described in the last sentence of the definition of
Class A Principal Remittance Amount, (B) all amounts previously distributed to
the Class 1A Certificateholders in respect of principal pursuant to Section
6.06(c)(A)(X)(iv) and (C) all amounts previously distributed to the Class 1A
Certificateholders pursuant to the last paragraph of Section 6.06(c).
CLASS 1A REMITTANCE AMOUNT: As of any Remittance Date, the Class A
Remittance Amount with respect to the Class 1A Certificates.
CLASS 2A CAP RATE: As to any Remittance Date, the weighted average of the
Maximum Mortgage Rates of the Group 2 Mortgage Loans minus, with respect to
Group 2, the sum of (a) the Servicing Fee Rate, (b) the rate at which the Annual
Trustee Expense Amount is calculated and (c) the Premium Percentage.
CLASS 2A CERTIFICATE: A Certificate denominated as a Class 2A Certificate.
CLASS 2A CERTIFICATEHOLDER: A Holder of a Class 2A Certificate.
CLASS 2A INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the
interest accrued at the Class 2A Pass-Through Rate for the related Accrual
Period on the Class 2A Principal Balance immediately prior to such Remittance
Date.
CLASS 2A MAJORITY CERTIFICATEHOLDERS: The Holder or Holders of Class 2A
Certificates possessing Voting Rights in excess of 50% in the aggregate.
CLASS 2A PASS-THROUGH RATE: As to any Remittance Date, the least of (i)
One-Month LIBOR plus 0.15% per annum, (ii) the weighted average of the Mortgage
Rates of the Group Mortgage Loans minus, with respect to Group 2, the sum of (a)
the Servicing Fee Rate, (b) the rate at which the Annual Trustee Expense Amount
is calculated and (c) the Premium Percentage, and (iii) the Class 2A Cap Rate;
provided, however, that on any Remittance Date on
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which the Servicer does not exercise its right to purchase Mortgage Loans and
REO Properties pursuant to Section 11.01, the rate provided in clause (i) will
be One-Month LIBOR plus 0.55%.
CLASS 2A PRINCIPAL BALANCE: With respect to the Class 2A Certificates and
as of any date of determination, the Original Class 2A Principal Balance reduced
by the sum of (A) all amounts (including that portion of Insured Payments, if
any, made in respect of principal) previously distributed to the Class 2A
Certificateholders in respect of principal on all previous Remittance Dates on
account of amounts described in clauses (a) or (b)(i) or each of clauses (c)(i)
through (iv), inclusive, and clauses (c)(v) (to the extent the payment pursuant
to clause (c)(v) is in respect of principal not previously covered by an Insured
Payment), (c)(vi) and (c)(viii) of the definition of Class A Principal
Remittance Amount or amounts described in the last sentence of the definition of
Class A Principal Remittance Amount, (B) all amounts previously distributed to
the Class 2A Certificateholders in respect of principal pursuant to Section
6.06(c)(B)(X)(iv) and (C) all amounts previously distributed to the Class 2A
Certificateholders pursuant to the last paragraph of Section 6.06(c).
CLASS 2A REMITTANCE AMOUNT: As of any Remittance Date, the Class A
Remittance Amount with respect to the Class 2A Certificates.
CLASS A CARRY-FORWARD AMOUNT: With respect to either the Class 1A or Class
2A Certificates and as to any Remittance Date, the sum of (i) the amount, if
any, by which (x) the Class 1A or Class 2A Remittance Amount as of the
immediately preceding Remittance Date exceeded (y) the amount of the actual
distribution, exclusive of any related Insured Payments made to the related
Classes of Class A Certificateholders, made pursuant to Sections
6.06(c)(A)(X)(i) and (ii) or pursuant to 6.06(c)(A)(Y)(i) and (ii), with respect
to Group 1, or pursuant to Sections 6.06(c)(B)(X)(i) and (ii) or pursuant to
Sections 6.06(c)(B)(Y)(i) and (ii), with respect to Group 2, on such immediately
preceding Remittance Date and (ii) interest on the amount, if any, described in
clause (i) above, to the extent that the amount in clause (i) represents Insured
Payments made by the Certificate Insurer, at the weighted average of the Class
1A Pass-Through Rate, with respect to Group 1, and the weighted average of the
Class 2A Pass-Through Rate with respect to Group 2 from such immediately
preceding Remittance Date.
CLASS A CERTIFICATE: A certificate denominated as a Class 1A or Class 2A
Certificate.
CLASS A CERTIFICATEHOLDER: A Holder of a Class 1A Certificate or a Class 2A
Certificate.
CLASS A INTEREST REMITTANCE AMOUNT: Either the Class 1A Interest Remittance
Amount or the Class 2A Interest Remittance Amount.
CLASS A PASS-THROUGH RATE: As to any Remittance Date, either the Class 1A
Pass-Through Rate or the Class 2A Pass-Through Rate.
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CLASS A PRINCIPAL BALANCE: As of any date of determination, the Class 1A
Principal Balance, with respect to Group 1, or the Class 2A Principal Balance,
with respect to Group 2.
CLASS A PRINCIPAL REMITTANCE AMOUNT: With respect to a Group and as to any
Remittance Date (other than the Remittance Date described in the next succeeding
sentence), the amount required to be distributed on such Remittance Date from
available funds in respect of any Class of Class A Certificates, such amount
being equal to the least of (a) that amount required for the
Overcollateralization Amount to reach the Required Overcollateralization Amount
with respect to such Group, or thereafter, to maintain the Overcollateralization
Amount at an amount equal to the Required Overcollateralization Amount on such
Remittance Date, (b) the sum of (i) the Class 1A or Class 2A Principal Balance
immediately prior to such Remittance Date and (ii) the amounts described in
clauses (c)(v) (to the extent the amount in clause (c)(v) represents prior
Insured Payments made by the Certificate Insurer with respect to the related
Group or interest accrued thereon in accordance with the definition of Class A
Carry Forward Amount) and (c)(vii) below and (c) the sum of the following
amounts relating to such Group (i) each payment of principal received by the
Servicer or any Subservicer (exclusive of Curtailments, Principal Prepayments,
the principal portion of Amounts Held for Future Distribution, the principal
portion of Deferred Payments and amounts described in clause (c)(iii) hereof)
during the related Due Period, including any Excess Payments; (ii) all
Curtailments and all Principal Prepayments received by the Servicer during such
related Due Period; (iii) the principal portion of all Insurance Proceeds,
Released Mortgaged Property Proceeds and Net Liquidation Proceeds received
during the related Due Period; (iv) an amount equal to the Unrecovered Class A
Portion with respect to the related Group; (v) the Class A Carry-Forward Amount
with respect to the related Group; (vi) (a) that portion of the purchase price
(as indicated in Section 2.05(b)) actually received by the Trustee of any
repurchased Mortgage Loan with respect to the related Group which represents
principal and (b) the principal portion of any Substitution Adjustments
deposited in the Principal and Interest Account with respect to the related
Group as of the related Determination Date; (vii) any amounts recovered from the
Class 1A or Class 2A Certificateholders during the related Due Period that
constituted a Monthly Payment on a related Mortgage Loan or an Advance with
respect to the related Group that was recovered as a Preference Amount by a
trustee in bankruptcy pursuant to the United States Bankruptcy Code in
accordance with a Final Order; and (viii) the amount, if any, by which (a) the
Class 1A or Class 2A Principal Balance with respect to the Class 1A or Class 2A
Certificates immediately prior to such Remittance Date minus the amounts to be
distributed on such Remittance Date pursuant to clauses (c)(i), (ii), (iii) and
(iv) above and pursuant to Section 6.06(c)(A)(X)(ii) with respect to Group 1 or
Section 6.06(c)(B)(X)(ii) with respect to Group 2 and applied to reduce the
Class 1A or Class 2A Principal Balance, exceeds (b) the related Scheduled Class
A Principal Balance for such Remittance Date as set forth in the related
Principal Payment Table. As to the final Remittance Date in connection with the
purchase by the Servicer of all the Mortgage Loans and REO Properties pursuant
to Section 11.01, the amount of principal required to be distributed on such
Remittance Date from available funds in respect of the related Class A
Certificates, such amount being equal to the amount described in clause (b) of
the immediately preceding sentence with respect to such Remittance Date.
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CLASS A REMITTANCE AMOUNT: For any Class of Class A Certificates and as to
any Remittance Date, an amount equal to the sum of (i) the related Class A
Principal Remittance Amount and (ii) the related Class A Interest Remittance
Amount.
CLASS R CERTIFICATE: A Certificate denominated as a Class R Certificate.
CLASS R CERTIFICATEHOLDER: A Holder of a Class R Certificate.
CLOSING DATE: June 25, 1998.
CODE: The Internal Revenue Code of 1986, as amended.
COMBINED LOAN-TO-VALUE RATIO OR CLTV: With respect to any Group 1 Mortgage
Loan, the sum of the original principal balance of such Group 1 Mortgage Loan
and the outstanding principal balance of any related First Lien as of the date
of origination of the Group 1 Mortgage Loan, divided by the lesser of (i) the
value of the related Mortgaged Property based upon the appraisal made at the
origination of the Group 1 Mortgage Loan or (ii) the purchase price of the
Mortgaged Property if the Group 1 Mortgage Loan proceeds are used to purchase
the Mortgaged Property.
COMMERCIAL LOAN: Any Group 1 Mortgage Loan which is secured by a Commercial
Property.
COMMERCIAL PROPERTY: With respect to the Group 1 Mortgage Loans, a property
which consists of a commercial structure.
COMPENSATING INTEREST: As defined in Section 6.10.
CROSS-OVER DATE: With respect to each Group, the date on and after which
the related Subordinated Amount is reduced to zero.
CURTAILMENT: With respect to a Mortgage Loan, any payment of principal
received during a Due Period as part of a payment that is in excess of four
times the amount of the Monthly Payment due for such Due Period and which is not
intended to satisfy the Mortgage Loan in full, nor is intended to cure a
delinquency.
CUSTODIAL AGREEMENT: The agreement for the retention of the Trustee's
Mortgage Files initially in the form attached as Exhibit L.
CUSTODIAN: The custodian appointed pursuant to a Custodial Agreement and
Section 12.12, which is not affiliated with the Servicer or the Depositor which
initially shall be LaSalle National Bank.
CUT-OFF DATE: June 1, 1998
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CUT-OFF DATE PRINCIPAL BALANCE: With respect to any Initial Mortgage Loan,
the outstanding principal balance of such Mortgage Loan as of the close of
business on the Cut-off Date after deducting all payments of principal due or
deferred on or prior to such date.
DEFERRED PAYMENT LOAN: Any Mortgage Loan as to which the Mortgagor, at
origination, elected, in accordance with the terms of the related Mortgage Note,
to defer the first or the first and second payments due thereunder.
DEFERRED PAYMENT: With respect to any Deferred Payment Loan, the aggregate
amount of principal and interest deferred pursuant to the terms of such loan.
DEFINITIVE CERTIFICATES: As defined in Section 4.02(e).
DELETED MORTGAGE LOAN: A Mortgage Loan replaced by a Qualified Substitute
Mortgage Loan.
DELINQUENCY CALCULATION AMOUNT: With respect to any Determination Date and
with respect to Group 1, the sum of:
(a) 5.375% of the aggregate Principal Balance of the Group 1 Mortgage
Loans that, as of the end of the last Business Day of the month preceding such
Determination Date, are 30 to 59 days Delinquent;
(b) 10.75% of the aggregate Principal Balance of the Group 1 Mortgage
Loans that, as of the end of the last Business Day of the month preceding such
Determination Date, are 60 to 89 days Delinquent;
(c) 21.5% of the aggregate Principal Balance of the Group 1 Mortgage
Loans that, as of the end of the last Business Day of the month preceding such
Determination Date, are 90 or more days Delinquent; and
(d) without duplication of the amounts determined under clauses (a),
(b) and (c) above, 21.5% of the aggregate Principal Balance of all REO Property
with respect to Group 1 held by the Servicer as of the end of the last Business
Day of the month preceding such Determination Date.
With respect to any Determination Date and with respect to Group 2, the sum
of:
(a) 5.375% of the aggregate Principal Balance of the Group 2 Mortgage
Loans that, as of the end of the last Business Day of the month preceding such
Determination Date, are 30 to 59 days Delinquent;
(b) 10.75% of the aggregate Principal Balance of the Group 2 Mortgage
Loans that, as of the end of the last Business Day of the month preceding such
Determination Date, are 60 to 89 days Delinquent;
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(c) 21.5% of the aggregate Principal Balance of the Group 2 Mortgage
Loans that, as of the end of the last Business Day of the month preceding such
Determination Date, are 90 or more days Delinquent; and
(d) without duplication of the amounts determined under clauses (a),
(b) and (c) above, 21.5% of the aggregate Principal Balance of all REO Property
with respect to Group 2 held by the Servicer as of the end of the last Business
Day of the month preceding such Determination Date.
DELINQUENT: A Mortgage Loan is delinquent if any payment due thereon is not
made by the close of business on the Due Date. A Mortgage Loan is "30 days
delinquent" if such payment has not been received by the close of business on
the corresponding day of the month immediately succeeding the month in which
such payment was due, or, if there is no such corresponding day (e.g., as when a
30-day month follows a 31-day month in which a payment was due on the 31st day
of such month) then on the close of business on the last day of such immediately
succeeding month. Similarly for "60 days delinquent," "90 days delinquent" and
so on.
DEPOSIT PREMIUM: As defined in the Insurance Agreement.
DEPOSITOR: Superior Bank FSB, a federally chartered stock savings bank, and
any successor thereto.
DEPOSITOR'S YIELD: For each Mortgage Loan, the prepayment penalties and
premiums and any Deferred Payments collected on such Mortgage Loan. The
Depositor's Yield is retained by the Depositor and is not part of the Trust
Fund.
DEPOSITORY: The initial Depository shall be The Depository Trust Company,
the nominee of which is CEDE & Co., as the registered Holder of the Class 1A and
Class 2A Certificates. The Depository shall at all times be a "clearing
corporation" as defined in Section 8-102(3) of the Uniform Commercial Code of
the State of New York.
DEPOSITORY PARTICIPANT: A broker, dealer, bank or other financial
institution or other Person for whom from time to time a Depository effects
book-entry transfers and pledges of securities deposited with the Depository.
DETERMINATION DATE: The 22nd day of each month (or if such day is not a
Business Day, the immediately following Business Day but in no event fewer than
two Business Days prior to the Remittance Date immediately following such 22nd
day).
DIRECTLY OPERATE: With respect to any REO Property relating to a
Multifamily Loan, a Mixed Use Loan or a Commercial Loan, the furnishing or
rendering of services to the tenants thereof, the management or operation of
such REO Property, the holding of such REO Property primarily for sale to
customers, the performance of any construction work thereon or any use of such
REO Property in a trade or business conducted by the Trust Fund
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REMIC other than through an independent contractor; provided, however, that the
Trustee (or the Servicer or any Subservicer on behalf of the Trustee) shall not
be considered to Directly Operate an REO Property solely because the Trustee (or
the Servicer or any Subservicer on behalf of the Trustee) establishes rental
terms, chooses tenants, enters into or renews leases, deals with taxes and
insurance, or makes decisions as to repairs or capital expenditures with respect
to such REO Property.
DISQUALIFIED ORGANIZATION: Any of the following (i) the United States or
any possession thereof, any State or any political subdivision thereof, or any
agency or instrumentality of any of the foregoing (other than an instrumentality
which is a corporation if all of its activities are subject to tax, and, except
for the FHLMC, a majority of its board of directors is not selected by such
governmental unit), (ii) a foreign government, international organization or any
agency or instrumentality of either of the foregoing, (iii) any organization
(except certain farmer's cooperatives described in Section 521 of the Code)
which is exempt from the tax imposed by Chapter 1 of the Code unless such
organization is subject to the tax imposed by Section 511 of the Code, (iv)
rural electric and telephone cooperatives described in Section 1381 of the Code
or (v) any other Person so designated by the Trustee based upon an Opinion of
Counsel provided to the Trustee that the holding of any ownership interest in a
Residual Certificate by such Person may cause the Trust Fund REMIC or any Person
having an ownership interest in any Class of Certificates, other than such
Person, to incur liability for any federal tax imposed under the Code that would
not otherwise be imposed but for the transfer of an ownership interest in the
Residual Certificate to such Person. The terms "United States," "State" and
"international organization" shall have the meanings set forth in Section 7701
of the Code.
DUE DATE: The day of the month on which the Monthly Payment is due from the
Mortgagor on a Mortgage Loan.
DUE PERIOD: With respect to each Remittance Date, the period commencing on
the second day of the month immediately preceding the month in which such
Remittance Date occurs and ending on the first day of the month in which such
Remittance Date occurs.
ELIGIBLE ACCOUNT: Either (A) a segregated account or accounts maintained
with an institution whose deposits are insured by and held up to the limits
insured by the Bank Insurance Fund or the Savings Association Insurance Fund of
the FDIC, the unsecured and uncollateralized debt obligations of which shall be
rated "A" or better by S&P and A2 or better by Moody's and in one of the two
highest short-term rating categories by S&P and the highest short term rating
category by Moody's, and which is either (i) a federal savings and loan
association duly organized, validly existing and in good standing under the
federal banking laws, (ii) an institution duly organized, validly existing and
in good standing under the applicable banking laws of any state, (iii) a
national banking association duly organized, validly existing and in good
standing under the federal banking laws, (iv) a principal subsidiary of a bank
holding company, or (v) approved in writing by the Certificate Insurer, Moody's
and S&P or (B) a trust account or accounts (which shall be a "special deposit
account") maintained with the trust department of a federal or state chartered
depository institution or trust company, having capital
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and surplus of not less than $50,000,000, acting in its fiduciary capacity. Any
Eligible Accounts maintained with the Trustee shall conform to the preceding
clause (B).
ERISA: Employee Retirement Income Security Act of 1974, as amended.
EVENT OF DEFAULT: As described in Section 10.01.
EVENT OF NONPAYMENT: An event of nonpayment shall occur with respect to
each Group and with respect to any Remittance Date if (i) on or prior to the
related Cross-Over Date, the amounts remitted by the Servicer and available to
the Trustee pursuant to Sections 5.04(i), 6.05(e), 6.09 and 6.10 (to the extent
not included in 5.04(i)) for deposit in the related Certificate Account that are
not subject to an automatic stay under Section 362 of the United States
Bankruptcy Code pursuant to an order of a United States bankruptcy court of
competent jurisdiction, plus the amount of any Net Excess Spread from the other
Group, plus the amount of any Excess Principal from the other Group, plus the
amount to be paid pursuant to the last paragraph of Section 6.06(c) (if any),
will not, taken together, be sufficient to pay the sum of (x) all of the related
Class A Remittance Amount (exclusive of any related Class A Carry-Forward Amount
representing amounts previously paid to the related Class A Certificateholders
as Insured Payments, or representing interest accrued in respect of such Insured
Payments) and (y) the related Monthly Premium to be withdrawn from the related
Certificate Account to be paid to the Certificate Insurer pursuant to Section
6.02(i) in respect of such Remittance Date, or (ii) after the related Cross-Over
Date, the related Available Remittance Amount remitted by the Servicer to the
Trustee pursuant to Section 5.04(i) plus that additional portion of the Amount
Available constituting Excess Spread available to pay the related Class A
Interest Remittance Amount pursuant to Section 6.06(c)(A)(Y)(i) with respect to
Group 1, and Section 6.06(c)(B)(Y)(i) with respect to Group 2, the amounts
remitted by the Servicer to the Trustee pursuant to Sections 6.05(e), 6.09 and
6.10 (to the extent not included in Section 5.04(i)) for deposit in the related
Certificate Account that are not subject to an automatic stay under Section 362
of the United States Bankruptcy Code pursuant to an order of a United States
bankruptcy court of competent jurisdiction, will not, taken together, be
sufficient to pay the sum of (x) all of the related Class A Remittance Amount
(exclusive of any related Class A Carry-Forward Amount representing amounts
previously paid to the related Class A Certificateholders, as Insured Payments,
or representing interest accrued in respect of such Insured Payments) and (y)
the related Monthly Premium to be withdrawn from the related Certificate Account
to be paid to the Certificate Insurer pursuant to Section 6.02(i) in respect of
such Remittance Date, or (iii) the sum of all Realized Losses with respect to
such Group since the Closing Date exceeds 75% of the related Subordinated Amount
as of August 25, 1998.
EXCESS PAYMENTS: With respect to a Due Period, any principal amounts
received on a Mortgage Loan in excess of the principal amount included in the
Monthly Payment due on the Due Date in such Due Period which does not constitute
either a Curtailment or a Principal Prepayment.
EXCESS PRINCIPAL: With respect to any Group and for a particular Remittance
Date, the lesser of (i) the portion, if any, of the Available Principal Amount
for such Group that
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is not required to be included in the related Class A Principal Remittance
Amount for such Group for such Remittance Date as a result of the application of
clause (a) of the definition of Class A Principal Remittance Amount and (ii) the
amount of such portion described in clause (i) remaining after the application
of the related Available Remittance Amount to cover the Required Payments for
such Group.
EXCESS PROCEEDS: With respect to any Mortgage Loan (including a Mortgage
Loan as to which the related Mortgaged Property has become an REO Property) that
became a Liquidated Mortgage Loan during any Due Period, the excess, if any, of
(a) the total Net Liquidation Proceeds received in respect thereof during such
Due Period, over (b) the Principal Balance of such Mortgage Loan as of the date
such Mortgage Loan became a Liquidated Mortgage Loan plus interest thereon at
the Mortgage Rate from the date through which interest was last paid by the
Mortgagor or advanced by the Servicer to but not including the Due Date in such
Due Period.
EXCESS SPREAD: With respect to Group 1 and for a particular Remittance
Date, an amount equal to the sum of (a) the excess of (x) all payments received
or advanced or withdrawn from the Group 1 Reserve Account on account of interest
on the Group 1 Mortgage Loans during the related Due Period over (y) the sum of
(i) the Class 1A Interest Remittance Amount for such Remittance Date with
respect to the Class 1A Certificates, (ii) the Annual Trustee Expense Amount
with respect to Group 1 for such Remittance Date, (iii) the Monthly Premium for
such Remittance Date and (iv) the Servicing Fee for such Remittance Date and (b)
with respect to the July 27, 1998, August 25, 1998 and September 25, 1998
Remittance Dates only, Excess Spread shall also include an amount with respect
to the related Pre-Funded Amount to be determined by the Certificate Insurer and
deposited into the Group 1 Interest Coverage Account by the Depositor on the
Closing Date.
With respect to Group 2 and for a particular Remittance Date, an amount
equal to the sum of (a) the excess of (x) all payments received or advanced or
withdrawn from the Group 2 Reserve Account on account of interest on the Group 2
Mortgage Loans during the related Due Period over (y) the sum of (i) the Class
2A Interest Remittance Amount for such Remittance Date with respect to the Class
2A Certificates, (ii) the Annual Trustee Expense Amount with respect to Group 2
for such Remittance Date, (iii) the Monthly Premium for such Remittance Date and
(iv) the Servicing Fee for such Remittance Date and (b) with respect to the July
27, 1998, August 25, 1998 and September 25, 1998 Remittance Dates only, Excess
Spread shall also include an amount with respect to the related Pre-Funded
Amount to be determined by the Certificate Insurer and deposited into the Group
2 Interest Coverage Account.
FDIC: The Federal Deposit Insurance Corporation and any successor thereto.
FHLMC: The Federal Home Loan Mortgage Corporation and any successor
thereto.
FIDELITY BOND: As described in Section 5.09.
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FINAL ORDER: As defined in Section 6.06(b).
FIRST LIEN: With respect to any Group 1 Mortgage Loan which is secured by a
second priority lien, the Mortgage Loan relating to the corresponding Mortgaged
Property having a first priority lien.
FNMA: The Federal National Mortgage Association and any successor thereto.
FNMA LOAN: Any Mortgage Loan originated substantially in accordance with
FNMA and FHLMC underwriting guidelines in effect on the date the Mortgage Loan
was originated.
FUNDING PERIOD: With respect to each Group, the period beginning on the
Closing Date and ending on the earlier of the date on which (a) the amount on
deposit in the related Pre-Funding Account is zero or (b) the close of business
on September 23, 1998.
GROSS MARGIN: With respect to each Group 2 Mortgage Loan, the fixed
percentage amount set forth in the related Mortgage Note to be added to the
related Index to determine the Mortgage Rate on each Adjustment Date, and which
is set forth in the related Mortgage Loan Schedule.
GROUP: Either Group 1 or Group 2.
GROUP FACTOR: With respect to each Group and as of any date of calculation,
the related Group Principal Balance after giving effect to the distributions to
be made on the related Remittance Date as of such date divided by the sum of the
Original Group Principal Balance with respect to such Group and the Principal
Balances of all Subsequent Mortgage Loans with respect to such Group as of the
Subsequent Cut-off Date.
GROUP PRINCIPAL BALANCE: Either the Group 1 Principal Balance or the Group
2 Principal Balance.
GROUP 1: (i) the Group 1 Mortgage Loans as from time to time are subject to
this Agreement, together with the Mortgage Files relating thereto and all
proceeds thereof, (ii) such assets as from time to time are identified as REO
Property with respect to Group 1 or are deposited, with respect to Group 1 in
the Group 1 Certificate Account, the Group 1 Trustee Expense Account, the Group
1 Reserve Account, the Group 1 Interest Coverage Account, the Group 1
Pre-Funding Account or the Group 1 Principal and Interest Account, including any
amounts on deposit in the foregoing accounts and invested in Permitted
Instruments, (iii) the Trustee's rights under all insurance policies with
respect to the Group 1 Mortgage Loans required to be maintained pursuant to this
Agreement and any Insurance Proceeds with respect thereto, (iv) the Certificate
Insurance Policy, (v) Liquidation Proceeds with respect to Group 1 Mortgage
Loans and (vi) Released Mortgaged Property Proceeds with respect to Group 1
Mortgage Loans. The Depositor's Yield and amounts received after the Cut-off
Date in the case of the Group 1 Initial Mortgage Loans, or after a Subsequent
Cut-off Date in the case of the Group 1 Subsequent
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Mortgage Loans, in respect of interest accrued on the Group 1 Mortgage Loans on
or prior to the Cut-off Date, or a Subsequent Cut-off Date, as the case may be,
do not constitute a part of Group 1.
GROUP 2: (i) the Group 2 Mortgage Loans as from time to time are subject to
this Agreement, together with the Mortgage Files relating thereto and all
proceeds thereof, (ii) such assets as from time to time are identified as REO
Property with respect to Group 2 or are deposited, with respect to Group 2, in
the Group 2 Certificate Account, the Group 2 Trustee Expense Account, the Group
2 Reserve Account, the Group 2 Interest Coverage Account, the Group 2
Pre-Funding Account or the Group 2 Principal and Interest Account, including any
amounts on deposit in the foregoing accounts and invested in Permitted
Instruments, (iii) the Trustee's rights under all insurance policies with
respect to the Group 2 Mortgage Loans required to be maintained pursuant to this
Agreement and any Insurance Proceeds with respect thereto, (iv) the Certificate
Insurance Policy, (v) Liquidation Proceeds with respect to the Group 2 Mortgage
Loans and (vi) Released Mortgaged Property Proceeds with respect to the Group 2
Mortgage Loans. The Depositor's Yield and amounts received after the Cut-off
Date in the case of the Group 2 Initial Mortgage Loans, or after a Subsequent
Cut-off Date in the case of the Group 2 Subsequent Mortgage Loans, in respect of
interest accrued on the Group 2 Mortgage Loans on or prior to the Cut-off Date
or a Subsequent Cut-off Date, as the case may be, do not constitute a part of
Group 2.
GROUP 1 CERTIFICATE ACCOUNT: The Certificate Account with respect to
Group 1.
GROUP 2 CERTIFICATE ACCOUNT: The Certificate Account with respect to
Group 2.
GROUP 1 INITIAL MORTGAGE LOANS: The Initial Mortgage Loans with respect to
Group 1.
GROUP 2 INITIAL MORTGAGE LOANS: The Initial Mortgage Loans with respect to
Group 2.
GROUP 1 INTEREST COVERAGE ACCOUNT: The Interest Coverage Account with
respect to Group 1.
GROUP 2 INTEREST COVERAGE ACCOUNT: The Interest Coverage Account with
respect to Group 2.
GROUP 1 MORTGAGE LOAN: A Mortgage Loan subject to this Agreement included
in Group 1.
GROUP 2 MORTGAGE LOAN: A Mortgage Loan subject to this Agreement included
in Group 2.
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GROUP 1 PRE-FUNDING ACCOUNT: The Pre-Funding Account with respect to Group
1.
GROUP 2 PRE-FUNDING ACCOUNT: The Pre-Funding Account with respect to Group
2.
GROUP 1 PRINCIPAL AND INTEREST ACCOUNT: The Principal and Interest Account
with respect to Group 1.
GROUP 2 PRINCIPAL AND INTEREST ACCOUNT: The Principal and Interest Account
with respect to Group 2.
GROUP 1 PRINCIPAL BALANCE: As of any date of determination, the aggregate
Principal Balances of the Group 1 Mortgage Loans.
GROUP 2 PRINCIPAL BALANCE: As of any date of determination, the aggregate
Principal Balances of the Group 2 Mortgage Loans.
GROUP 1 RESERVE ACCOUNT: The Reserve Account with respect to Group 1.
GROUP 2 RESERVE ACCOUNT: The Reserve Account with respect to Group 2.
GROUP 1 SUBSEQUENT MORTGAGE LOAN: A Group 1 Mortgage Loan assigned and
transferred by the Depositor to the Trustee pursuant to Section 2.10, such Group
1 Mortgage Loan being identified on the related Mortgage Loan Schedule attached
to a Group 1 Subsequent Transfer Instrument.
GROUP 2 SUBSEQUENT MORTGAGE LOAN: A Group 2 Mortgage Loan assigned and
transferred by the Depositor to the Trustee pursuant to Section 2.10, such Group
2 Mortgage Loan being identified on the related Mortgage Loan Schedule attached
to a Group 2 Subsequent Transfer Instrument.
GROUP 1 SUBSEQUENT TRANSFER INSTRUMENT: Each Subsequent Transfer Instrument
dated as of a Subsequent Transfer Date executed by the Trustee and the Depositor
substantially in the form of Exhibit T, by which Group 1 Subsequent Mortgage
Loans are transferred and assigned to the Trustee.
GROUP 2 SUBSEQUENT TRANSFER INSTRUMENT: Each Subsequent Transfer Instrument
dated as of a Subsequent Transfer Date executed by the Trustee and the Depositor
substantially in the form of Exhibit T, by which Group 2 Subsequent Mortgage
Loans are transferred and assigned to the Trustee.
GROUP 1 TRUSTEE EXPENSE ACCOUNT: The Trustee Expense Account with respect
to Group 1.
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GROUP 2 TRUSTEE EXPENSE ACCOUNT: The Trustee Expense Account with respect
to Group 2.
INDEX: With respect to the Group 2 Mortgage Loans, the index for the
adjustment of the Mortgage Rate set forth as such in the related Mortgage Note,
such index being either (i) the weekly average yield on United States Treasury
Securities adjusted to a constant maturity of one year, as published in the
Federal Reserve Statistical Release H.15 (519), as most recently announced as of
a date 45 days preceding such Mortgage Loan's Adjustment Date (the "One-Year
Treasury Index") or (ii) the average of interbank offered rates for six-month
U.S. dollar-denominated deposits in the London market as published in The Wall
Street Journal "Money Rates" table, and as most recently available as of the
date 45 days before such Mortgage Loan Adjustment Date if such date falls on a
Friday or, if such date does not fall on a Friday, then as most recently
available as of the Friday immediately preceding the date 45 days before each
such Mortgage Loan Adjustment Date (the "Six-Month LIBOR Index"). If the
applicable Index becomes unavailable, the Servicer, on behalf of the Trustee,
will select an alternative index for mortgage loans on single family residential
properties, based upon comparable information, over which it has no control and
which is readily verifiable by mortgagors.
INDEPENDENT PERSON: When used with respect to any specified Person, any
such Person who (a) is in fact independent of the Depositor, the Servicer and
their respective Affiliates, (b) does not have any direct financial interest in
or any material indirect financial interest in any of the Depositor or the
Servicer or any Affiliate thereof, and (c) is not connected with the Depositor
or the Servicer or any Affiliate thereof as an officer, employee, promoter,
underwriter, trustee, partner, director or Person performing similar functions;
provided, however, that a Person shall not fail to be Independent of the
Depositor or the Servicer or any Affiliate thereof solely because such Person is
the beneficial owner of 1% or less of any class of securities issued by the
Depositor or the Servicer or any Affiliate thereof, as the case may be.
INITIAL ADJUSTMENT DATE: With respect to each Group 2 Mortgage Loan, the
first adjustment date following the origination of such Mortgage Loan.
INITIAL MORTGAGE RATE: With respect to each Group 2 Mortgage Loan, the
Mortgage Rate in effect prior to the Initial Adjustment Date.
INITIAL MORTGAGE LOAN: A Mortgage Loan assigned and transferred to the
Trustee on the Closing Date.
INITIAL MORTGAGE LOANS: Collectively, the Initial Mortgage Loans.
INSURANCE AGREEMENT: The agreement dated as of the Closing Date by and
among the Certificate Insurer, the Depositor, the Servicer and the Trustee, as
amended from time to time by the parties thereto, relating to, among other
things, the Premium Percentage.
INSURANCE PROCEEDS: Proceeds paid to the Trustee or the Servicer by any
insurer (except the Certificate Insurer) or by the Servicer pursuant to a
deductible clause under a
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blanket policy insuring against fire and hazards of extended coverage on all of
the Mortgage Loans pursuant to Section 5.08, in either event pursuant to any
insurance policy covering a Mortgage Loan, Mortgaged Property, or REO Property
or any other insurance policy net of any expenses which are incurred by the
Servicer or the Trustee in connection with the collection of such proceeds and
not otherwise reimbursed to the Servicer, other than proceeds to be applied to
the restoration or repair of the Mortgaged Property, or released to the
Mortgagor in accordance with customary first and second mortgage servicing
procedures in the case of Group 1 Mortgage Loans and customary first mortgage
servicing procedures in the case of Group 2 Mortgage Loans.
INSURED PAYMENT: With respect to each Class of Class A Certificates and as
of each Remittance Date, the amount, if any, by which (1) the related Class A
Remittance Amount (excepting clause (c)(vi) of the definition of Class A
Principal Remittance Amount to the extent such amount is due but not paid by the
Depositor) exceeds (2) the sum of (a) the related Available Remittance Amount
(minus the related Monthly Premium withdrawable from the related Certificate
Account to be paid to the Certificate Insurer pursuant to Section 6.02(i)), plus
(b) (I), if such Remittance Date is prior to the related Cross-Over Date, the
lower of (X) the Excess Spread deposited into the related Certificate Account
pursuant to Section 5.04(i) as of such Remittance Date, plus the Net Excess
Spread from the other Group, if any, plus Excess Principal from the other Group,
if any, and (Y) the related Subordinated Amount, or (II), if such Remittance
Date is on or after the related Cross-Over Date, that portion of the Amount
Available constituting Excess Spread with respect to the related Group available
to pay the related Class A Interest Remittance Amount pursuant to Section
6.06(c)(A)(Y)(i) with respect to Group 1 and Section 6.06(c)(B)(Y)(i) with
respect to Group 2, plus (c) any amount transferred from the related Reserve
Account to the related Certificate Account pursuant to Section 6.14(c), plus (d)
the aggregate amount of any previous Insured Payments for which the Certificate
Insurer has not been reimbursed pursuant to Section 6.06(b), together with that
portion of the amounts described in the preceding clause (1) that represents
interest accrued in respect of such Insured Payments in accordance with the
definition of Class A Carry-Forward Amount; provided, however, that the
determination of Insured Payments shall not be affected in any way by any
recharacterization of the transactions contemplated by this Agreement as a
financing in any bankruptcy, insolvency or similar proceeding to which the
Depositor may be subject and the related Available Remittance Amount shall for
the purpose of this definition be deemed to be decreased by the amount thereof
that has been deposited in the related Certificate Account but may not be
withdrawn therefrom pursuant to an order of a United States bankruptcy court of
competent jurisdiction imposing a stay pursuant to Section 362 of the United
States Bankruptcy Code.
INTEREST COVERAGE ACCOUNT: With respect to each Group, the Account
established and maintained pursuant to Section 6.13, which must be an Eligible
Account. With respect to Group 1 the Interest Coverage Account shall be known as
the Group 1 Interest Coverage Account and with respect to Group 2, the Interest
Coverage Account shall be known as the Group 2 Interest Coverage Account.
INTEREST COVERAGE ADDITION: With respect to the related Group and as to any
Remittance Date, the sum of the amounts described in Sections 6.13(b), 6.13(c)
and 6.13(d).
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INTEREST COVERAGE AMOUNT: With respect to each Group, the amount to be paid
by the Depositor to the Trustee for deposit into the related Interest Coverage
Account pursuant to Section 6.13(a). On the Closing Date, such amount is
$3,563,767.97 for Group 1 and $2,613,206.99 for Group 2. On each Subsequent
Transfer Date and with respect to each Group, such amount shall be equal to the
interest portion of any related Deferred Payments that would otherwise be due
after the Subsequent Cut-off Date.
LIQUIDATED MORTGAGE LOAN: Any defaulted Mortgage Loan or REO Property as to
which the Servicer has determined that all amounts which it reasonably and in
good faith expects to recover have been recovered from or on account of such
Mortgage Loan or REO Property.
LIQUIDATION PROCEEDS: Any cash amounts received in connection with the
liquidation of defaulted Mortgage Loans, whether through trustee's sale,
foreclosure sale, REO Disposition or otherwise, and any other amounts required
to be deposited in the Principal and Interest Account pursuant to Section 5.10.
LOAN-TO-VALUE RATIO: The fraction, expressed as a percentage, the numerator
of which is the original Principal Balance of the related Mortgage Loan and the
denominator of which is the Appraised Value at the time of origination of the
related Mortgaged Property.
MAJORITY CERTIFICATEHOLDERS: With respect to Group 1, the Class 1A Majority
Certificateholders. With respect to Group 2, the Class 2A Majority
Certificateholders.
MANUFACTURED HOME: A manufactured home within the meaning of 42 United
States Code Section 5402(6).
MANUFACTURED HOME LOAN: Any Mortgage Loan which is secured by a first lien
on real estate to which a Manufactured Home has been permanently affixed.
MAXIMUM MORTGAGE RATE: With respect to each Group 2 Mortgage Loan, the
maximum rate of interest set forth in the related Mortgage Note.
MINIMUM MORTGAGE RATE: With respect to each Group 2 Mortgage Loan, the
minimum rate of interest set forth in the related Mortgage Note.
MIXED USE LOAN: Any Group 1 Mortgage Loan which is secured by a mixed
residential and commercial structure.
MIXED USE PROPERTY: With respect to Group 1 Mortgage Loans, a property
which consists of a mixed residential and commercial structure.
MONTHLY ADVANCE: An advance made by the Servicer pursuant to Section 6.09.
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MONTHLY PAYMENT: The scheduled monthly payment or Periodic Payment(s) of
principal and/or interest required to be made by a Mortgagor on the related
Mortgage Loan during any month, as set forth in the related Mortgage Note.
MONTHLY PREMIUM: With respect to each Group, the monthly premium payable to
the Certificate Insurer equal to the product of (i) one-twelfth of the then
applicable Premium Percentage and (ii) the then outstanding Class 1A Principal
Balance or Class 2A Principal Balance.
MOODY'S: Moody's Investors Service, Inc. or any successor thereto.
MORTGAGE: The mortgage, deed of trust, Land Trust Mortgage or other
instrument creating a first or second lien in accordance with applicable law on
a Mortgaged Property.
MORTGAGE FILE: As described in Exhibit A annexed hereto.
MORTGAGE IMPAIRMENT INSURANCE POLICY: As described in Section 5.08.
MORTGAGE LOAN: An individual mortgage loan which is assigned and
transferred to the Trustee pursuant to this Agreement or a Subsequent Transfer
Instrument, together with the rights and obligations of a holder thereof and
payments thereon and proceeds therefrom, the Mortgage Loans originally subject
to this Agreement being identified on the Mortgage Loan Schedule annexed hereto
as Exhibits H-1 and H-2. As applicable, Mortgage Loan shall be deemed to refer
to the related REO Property.
MORTGAGE LOAN SCHEDULE: With respect to each Group, the schedule of
Mortgage Loans attached hereto as Exhibit H-1 or H-2, as supplemented by each
schedule of Subsequent Mortgage Loans attached to a Subsequent Transfer
Instrument, as such schedule may be amended or supplemented from time to time,
such schedule identifying each Mortgage Loan by address of the Mortgaged
Property and the name of the Mortgagor and setting forth as to each Mortgage
Loan the following information: (i) the Principal Balance as of the Cut-off Date
or Subsequent Cut-off Date, (ii) the account number, (iii) the original
principal amount, (iv) the Loan-to-Value Ratio or Combined Loan-to-Value Ratio,
as the case may be, as of the date of origination of the related Mortgage Loan,
(v) the Due Date, (vi) the first date on which a Monthly Payment is due under
the Mortgage Note, (vii) the Monthly Payment, (viii) the maturity date of the
related Mortgage Note, (ix) the remaining number of months to maturity as of the
Cut-off Date or Subsequent Cut-off Date, (x) the applicable Mortgaged Property
State, (xi) the current Mortgage Rate and (xii) with respect to the Group 2
Mortgage Loans only: (1) the Gross Margin, (2) the next Adjustment Date after
the Cut-off Date, (3) the Maximum Mortgage Rate, (4) the Minimum Mortgage Rate
and (5) the Index.
MORTGAGE NOTE: The note or other evidence of indebtedness evidencing the
indebtedness of a Mortgagor under a Mortgage Loan.
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MORTGAGE RATE: With respect to each Group 1 Mortgage Loan, the fixed annual
rate of interest borne by the related Mortgage Note, as shown on the related
Mortgage Loan Schedule. With respect to each Group 2 Mortgage Loan, the annual
rate of interest borne by the related Mortgage Note from time to time.
MORTGAGED PROPERTY: A Single Family Property, Multifamily Property, Mixed
Use Property or Commercial Property which secures a Mortgage Loan.
MORTGAGOR: The obligor on a Mortgage Note.
MULTIFAMILY LOAN: Any Mortgage Loan which is secured by Multifamily
Property.
MULTIFAMILY PROPERTY: With respect to a Mortgage Loan, a residential
property consisting of five or more dwelling units.
NET EXCESS AMOUNT AVAILABLE: With respect to any Group and for a particular
Remittance Date, the sum of (i) the Available Remittance Amount for such Group
(reduced by the related Monthly Premium to be paid to the Certificate Insurer
pursuant to Section 6.04) and (ii) any Insured Payments with respect to such
Group.
NET EXCESS PRINCIPAL: With respect to any Group and for a particular
Remittance Date, the Excess Principal for the other Group remaining after the
application thereof to cover an Available Funds Shortfall with respect to such
Group.
NET EXCESS SPREAD: With respect to any Group and for a particular
Remittance Date, the Excess Spread for such Group remaining after the
application thereof to cover Required Payments with respect to such Group (other
than in respect of the Class A Principal Remittance Amount after the related
Cross-Over Date).
NET LIQUIDATION PROCEEDS: Liquidation Proceeds net of (i) any
reimbursements to the Servicer made therefrom pursuant to Section 5.04(ii) and
(ii) any related accrued and unpaid Annual Trustee Expense Amounts as of the
date on which such Liquidation Proceeds were received.
NET MORTGAGE RATE: With respect to each Mortgage Loan, and at any time, the
per annum rate equal to the related Mortgage Rate less the Servicing Fee Rate.
NONRECOVERABLE ADVANCES: With respect to any Mortgage Loan, (i) any
Servicing Advance or Monthly Advance previously made and not reimbursed from
late collections pursuant to Section 5.04, or (ii) a Servicing Advance proposed
to be made in respect of a Mortgage Loan or REO Property which, in the good
faith business judgment of the Servicer would not be ultimately recoverable from
late collections, Released Mortgaged Property Proceeds, Insurance Proceeds or
Liquidation Proceeds on such Mortgage Loan or REO Property.
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NON-UNITED STATES PERSON: Any Person other than a United States Person.
NOTICE: As defined in Section 6.06(b).
OFFICER'S CERTIFICATE: A certificate delivered to the Trustee signed by the
President or an Executive Vice President or a Senior Vice President or a Vice
President or an Assistant Vice President of either the Depositor or the
Servicer, as required by this Agreement.
ONE-MONTH LIBOR: With respect to the Class 1A and Class 2A Certificates, as
determined by the Trustee on the second Business Day preceding the beginning of
each Accrual Period, the London interbank offered rate for the relevant Accrual
Period for one-month U.S. dollar deposits for a term equal to the relevant
Accrual Period as such rates appear on Telerate Page 3750, as of 11:00 a.m.
(London time) on such date. If such rate does not appear on Telerate Page 3750,
the rate for that day will be determined on the basis of the rates at which
deposits in United States dollars are offered by the Reference Banks at
approximately 11:00 a.m., London time, on that day to banks in the London
interbank market for a term equal to the relevant Accrual Period. The Trustee
will request the principal London office of each of the Reference Banks to
provide a quotation of its rate. If at least two such quotations are provided,
the rate for that day will be the arithmetic mean of the quotations. If fewer
than two quotations are provided as requested, the rate for that day will be the
arithmetic mean of the rates quoted by major banks in New York City, selected by
the Servicer, at approximately 11:00 a.m., New York City time, on that day for
loans in United States dollars to leading European banks for a term equal to the
relevant Accrual Period. If the Trustee is unable to determine One Month LIBOR
for an Accrual Period, the rate for such Accrual Period shall be One Month LIBOR
as determined for the previous Accrual Period. Notwithstanding the foregoing,
however, One-Month LIBOR for an Accrual Period shall not be based on One-Month
LIBOR for the previous Accrual Period for three consecutive Accrual Periods. If,
under the priorities described above, One-Month LIBOR for an Accrual Period
would be based on One-Month LIBOR for the previous Accrual Period for the second
consecutive Accrual Period, the Trustee shall select a comparable alternative
index (over which the Trustee has no control) used for determining one-month
Eurodollar lending rates that is calculated and published (or otherwise made
available) by an independent third party.
OPINION OF COUNSEL: A written opinion of counsel, who may, without
limitation, be counsel for the Servicer, reasonably acceptable to the Trustee
and experienced in matters relating to the subject of such opinion; except that
any opinion of counsel relating to (a) the qualification of the Trust Fund REMIC
as a REMIC or (b) compliance with the REMIC Provisions must be an opinion of
counsel who (i) does not have any direct financial interest or any material
indirect financial interest in the Servicer or in any Person known to a
Responsible Officer of the Trustee to be an Affiliate thereof and (ii) is not
connected with the Servicer as an officer, employee, director or person
performing similar functions.
ORIGINAL CLASS 1A PRINCIPAL BALANCE: $266,000,000.
ORIGINAL CLASS 2A PRINCIPAL BALANCE: $199,000,000.
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ORIGINAL GROUP PRINCIPAL BALANCE: Either the Original Group 1 Principal
Balance or the Original Group 2 Principal Balance, as applicable.
ORIGINAL GROUP 1 PRINCIPAL BALANCE: The aggregate Cut-off Date Principal
Balances of the Group 1 Initial Mortgage Loans, which amount is equal to
$168,503,688.56.
ORIGINAL GROUP 2 PRINCIPAL BALANCE: The aggregate Cut-off Date Principal
Balances of the Group 2 Initial Mortgage Loans, which amount is equal to
$124,023,590.83.
ORIGINAL POOL PRINCIPAL BALANCE: $292,527,279.39, equal to the sum of the
Original Group 1 Principal Balance and the Original Group 2 Principal Balance.
ORIGINAL PRE-FUNDED AMOUNT: With respect to each Group, the amount
deposited by the Depositor in the related Pre-Funding Account on the Closing
Date, which amount is $100,454,855.42 for Group 1 and $79,228,918.11 for
Group 2.
OVERCOLLATERALIZATION AMOUNT: With respect to any Group and for a
particular Remittance Date, the excess, if any, of (i) the sum of (a) the
related Group Principal Balance, (b) the related Pre-Funded Amount and (c) the
amount, if any, on deposit in the related Reserve Account allocated to such
Group as of the close of business on the last day of the related Due Period over
(ii) the related Class A Principal Balance after giving effect to distributions
of the related Class A Principal Remittance Amount for such Group on such
Remittance Date.
OWNER-OCCUPIED MORTGAGED PROPERTY: A Residential Dwelling that the related
Mortgagor represented an intent to occupy as such Mortgagor's primary, secondary
or vacation residence at the origination of the Mortgage Loan.
PAYING AGENT: Initially, the Trustee, and thereafter, the Trustee or any
other Person that meets the eligibility standards for the Paying Agent specified
in Section 14.13 and is authorized by the Trustee to make payments on the
Certificates on behalf of the Trustee.
PERCENTAGE INTEREST: With respect to a Class 1A or Class 2A Certificate,
the portion of the Class evidenced by such Certificate, expressed as a
percentage rounded to four decimal places, equivalent to a fraction the
numerator of which is the denomination represented by such Certificate and the
denominator of which is the Original Class 1A or Class 2A Principal Balance, as
applicable. With respect to the Class R Certificates, the portion of the Class
evidenced by such Certificate as stated on the face thereof; provided, however,
that no more than 100% Percentage Interests in the Class R Certificates shall be
outstanding at any one time.
PERIODIC RATE CAP: With respect to each Group 2 Mortgage Loan, the
provision in each Mortgage Note that limits permissible increases and decreases
in the Mortgage Rate on any Adjustment Date, (i) with respect to the Group 2
Mortgage Loans with a One-Year Treasury Index, to not more than two percentage
points, and (ii) with respect to the Group 2
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Mortgage Loans with a Six-Month LIBOR Index (the "Six-Month LIBOR Loans"), to
not more than one percentage point, or, with respect to the Six-Month LIBOR
Loans which are subject to an adjustment after an initial twenty-four month
period, increase to not more than two percentage points on the initial
Adjustment Date only.
PERIODIC PAYMENT: With respect to any Periodic Payment Loan, as of any date
of determination, the scheduled payment of principal and/or interest required to
be made by a Mortgagor as set forth in the related Mortgage Note.
PERIODIC PAYMENT LOANS: Any Mortgage Loan that provided, on the date of
origination, for Periodic Payments to be made every twenty-eight (28) days.
PERMITTED INSTRUMENTS: As used herein, Permitted Instruments shall include
the following:
(i) direct general obligations of, or obligations fully and
unconditionally guaranteed as to the timely payment of principal and
interest by, the United States or any agency or instrumentality thereof,
provided such obligations are backed by the full faith and credit of the
United States, FHLMC senior debt obligations, and FNMA senior debt
obligations, but excluding any of such securities whose terms do not
provide for payment of a fixed dollar amount upon maturity or call for
redemption;
(ii) federal funds, certificates of deposit, time and demand deposits
and banker's acceptances of any bank or trust company incorporated under
the laws of the United States or any state thereof (in each case having
maturities of less than 365 days), provided that the short-term debt
obligations of such bank or trust company at the date of acquisition
thereof have been rated "A-1" or better by S&P and Prime-1 by Moody's;
(iii) deposits of any bank or savings and loan association, provided
that the long-term unsecured debt obligations of such bank or savings and
loan association have been rated Baa3 or better by Moody's or "BBB-" or
better by S&P and which has combined capital, surplus and undivided profits
of at least $3,000,000, which deposits are insured by the Bank Insurance
Fund or the Savings Association Insurance Fund of the FDIC;
(iv) commercial paper (having original maturities of not more than 180
days) or demand notes rated "A-1" or better by S&P and Prime-1 by Moody's
and issued by an entity having a long-term rating of A2 or better by
Moody's;
(v) investments in money market funds rated "AAAm" or "AAAm-G" by S&P
and Aaa by Moody's; and
(vi) investments approved by S&P, Moody's and the Certificate Insurer
in writing delivered to the Trustee;
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provided that no instrument described hereunder shall evidence either the right
to receive (a) only interest with respect to the obligations underlying such
instrument or (b) both principal and interest payments derived from obligations
underlying such instrument and the interest and principal payments with respect
to such instrument provided a yield to maturity at par greater than 120% of the
yield to maturity at par of the underlying obligations; and provided, further,
that no instrument described hereunder may be purchased at a price greater than
par.
PERMITTED TRANSFEREE: Any transferee of a Class R Certificate other than a
Disqualified Organization, an "electing large partnership" as defined in Section
775 of the Code or Non-United States Person.
PERSON: Any individual, corporation, partnership, joint venture,
association, joint-stock company, trust, national banking association,
unincorporated organization or government or any agency or political subdivision
thereof.
PLAN: Any employee benefit plan within the meaning of section 3(3) of ERISA
or a plan within the meaning of section 4975(e)(1) of the Code.
POOL PRINCIPAL BALANCE: As of any date of determination, the aggregate of
the Group 1 Principal Balance and the Group 2 Principal Balance.
PREFERENCE AMOUNT: As defined in Section 6.06(b).
PRE-FUNDED AMOUNT: With respect to each Group and with respect to any
Determination Date, the amount on deposit in the related Pre-Funding Account.
PRE-FUNDING ACCOUNT: With respect to each Group, the account established
and maintained pursuant to Section 6.12. With respect to Group 1, the
Pre-Funding Account shall be known as the Group 1 Pre-Funding Account. With
respect to Group 2, the Pre-Funding Account shall be known as the Group 2
Pre-Funding Account.
PREMIUM PERCENTAGE: With respect to each Group and as of any Remittance
Date, the percentage designated as such in the Insurance Agreement.
PREPAYMENT ASSUMPTION: With respect to Group 1, 2% per annum of the then
outstanding principal balance of the Group 1 Mortgage Loans in the first month
of the life of the Group 1 Mortgage Loans, and an additional 1.2% per annum in
each month thereafter until the twenty-first month and in each month thereafter
during the life of the Group 1 Mortgage Loans, 26% per annum each month. With
respect to Group 2, an assumed constant rate of prepayment equal to 28% per
annum.
PRINCIPAL AND INTEREST ACCOUNT: With respect to each Group, the principal
and interest account established by the Servicer pursuant to Section 5.03. With
respect to Group 1, the Principal and Interest Account shall be known as the
Group 1 Principal and
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Interest Account and, with respect to Group 2, the Principal and Interest
Account shall be known as the Group 2 Principal and Interest Account.
PRINCIPAL BALANCE: With respect to any Mortgage Loan or related REO
Property, at any date of determination, (i) the Cut-off Date Principal Balance
of such Mortgage Loan (or the principal balance outstanding as of the Subsequent
Cut-off Date with respect to a Subsequent Mortgage Loan or as of the applicable
substitution date with respect to a Qualified Substitute Mortgage Loan), after
application of principal payments received on or before such Cutoff Date (or on
or before such Subsequent Cut-off Date or substitution date), minus (without
duplication) (ii) the sum of (a) the principal portion of the Monthly Payments
received during each Due Period ending prior to the most recent Remittance Date
and deposited in the related Principal and Interest Account pursuant to Section
5.03, and (b) all Principal Prepayments, Curtailments, Excess Payments,
Insurance Proceeds, Net Liquidation Proceeds, Released Mortgaged Property
Proceeds and net income from any REO Property to the extent applied by the
Servicer as recoveries of principal, which were distributed pursuant to Section
6.06 on any previous Remittance Date. The Principal Balance of any Liquidated
Mortgage Loan in the month following the month in which such loan became a
Liquidated Mortgage Loan is zero.
PRINCIPAL PAYMENT TABLE: The table with respect to each Group set forth as
Exhibit P.
PRINCIPAL PREPAYMENT: Any payment or other recovery of principal on a
Mortgage Loan equal to the outstanding principal balance thereof, received in
advance of the final scheduled Due Date which is intended to satisfy a Mortgage
Loan in full.
PROPOSED SUBSEQUENT MORTGAGE LOAN SCHEDULE: With respect to each Group, the
proposed schedule of mortgage loans or potential mortgage loans from which the
majority of the Subsequent Mortgage Loans will be obtained, attached hereto as
Exhibit R.
PROSPECTUS: The prospectus and prospectus supplement, as supplemented,
prepared by the Depositor in connection with the initial issuance and sale of
the Class 1A and Class 2A Certificates.
PURCHASE PRICE: As defined in Section 5.11.
QUALIFIED MORTGAGE: "Qualified Mortgage" shall have the meaning set forth
from time to time in the definition thereof at Section 860G(a)(3) of the Code
(or any successor statute thereto).
QUALIFIED SUBSTITUTE MORTGAGE LOAN: A Mortgage Loan substituted by the
Depositor for a Deleted Mortgage Loan pursuant to Section 2.05 or 3.03, which,
(A) with respect to any Group 1 Mortgage Loan, (i) has a fixed
mortgage interest rate of not less than (and not more than two percentage
points higher than) the Mortgage Rate of the Deleted Mortgage Loan; (ii)
relates to the same type of Mortgaged Property
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as the Deleted Mortgage Loan and has the same lien priority as the Deleted
Mortgage Loan; (iii) has a remaining term to maturity no greater than (and
not more than one year less than that of) the Deleted Mortgage Loan; (iv)
has a Loan-to-Value Ratio, or a Combined Loan-to-Value Ratio, as the case
may be, no higher than that of the Deleted Mortgage Loan; (v) has a
principal balance (after application of all payments received on or prior
to the date of substitution) equal to or less than the Principal Balance of
the Deleted Mortgage Loan as of such date; (vi) satisfies the criteria set
forth from time to time in the definition of "qualified replacement
mortgage" at Section 860G(a)(4) of the Code (or any successor statute
thereto); (vii) has the same or lower credit risk, as measured by credit
risk category, under the Depositor's underwriting guidelines; and (viii)
complies with each representation and warranty set forth in Sections 3.01,
3.02(a) and 3.02(b), and
(B) with respect to any Group 2 Mortgage Loan, (i) has a Maximum
Mortgage Rate no lower than (and not more than two percentage points higher
than) the Maximum Mortgage Rate of the Deleted Mortgage Loan, and has a
Minimum Mortgage Rate no lower than (and not more than one percentage point
higher than) the Minimum Mortgage Rate of the Deleted Mortgage Loan; (ii)
has the same Index and Periodic Rate Cap as that of the Deleted Mortgage
Loan and a Gross Margin not less than that of the Deleted Mortgage Loan
and, if Mortgage Loans equal to 1% or more of the Pool Stated Principal
Balance of the Mortgage Loans as of the Cut-off Date have become Deleted
Mortgage Loans, not more than two percentage points more than that of the
Deleted Mortgage Loan; (iii) shall be accruing interest at a rate no lower
than and not more than 1% per annum higher than, that of the Deleted
Mortgage Loan; (iv) has a principal balance (after application of all
payments received on or prior to the date of substitution) equal to or less
than the Principal Balance of the Deleted Mortgage Loan as of such date;
(v) has a Loan-to-Value Ratio no higher than that of the Deleted Mortgage
Loan; (vi) has a remaining term to maturity no greater than (and not more
than one year less than that of) the Deleted Mortgage Loan; (vii) satisfies
the criteria set forth from time to time in the definition of "qualified
replacement mortgage" at Section 860G(a)(4) of the Code (or any successor
statute thereto); (viii) has the same or lower credit risk, as measured by
credit risk category, under the Depositor's underwriting guidelines; (ix)
has a Net Mortgage Rate (net of any portion of the interest on such
Mortgage Loan that may be retained by the Depositor) within two percentage
points of that of the Deleted Mortgage Loan; and (x) complies with each
representation and warranty set forth in Sections 3.01, 3.02(a) and
3.02(c).
REALIZED LOSS: With respect to each Liquidated Mortgage Loan, an amount
(not less than zero or greater than the related Principal Balance as of the date
of liquidation) equal to the outstanding Principal Balance of such Mortgage Loan
as of the date of liquidation minus that portion of Net Liquidation Proceeds
actually distributed to Class A Certificateholders pursuant to Section 6.06(c)
in respect of such Liquidated Mortgage Loan.
RECORD DATE: The Business Day immediately preceding the related Remittance
Date.
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REFERENCE BANKS: Such leading banks selected by the Trustee and engaged in
transactions in Eurodollar deposits in the international Eurocurrency market.
REIMBURSABLE AMOUNTS: As of any date of determination, an amount payable to
the Servicer or the Depositor with respect to (i) Monthly Advances and Servicing
Advances not previously reimbursed and (ii) any advances reimbursable pursuant
to Section 9.01 and not previously reimbursed pursuant to Section 6.03(c) or
6.06(c).
RELEASED MORTGAGED PROPERTY PROCEEDS: As to any Mortgage Loan, proceeds
received by the Servicer in connection with (a) a taking of an entire Mortgaged
Property by exercise of the power of eminent domain or condemnation or (b) any
release of part of the Mortgaged Property from the lien of the related Mortgage,
whether by partial condemnation, sale or otherwise; which are not released to
the Mortgagor in accordance with applicable law, customary mortgage servicing
procedures and this Agreement.
REMAINING NET EXCESS SPREAD: With respect to any Group and for a particular
Remittance Date, the Net Excess Spread for such Group remaining after the
application thereof to cover an Available Funds Shortfall with respect to the
other Group.
REMIC: A "real estate mortgage investment conduit" within the meaning of
Section 860D of the Code.
REMIC PROVISIONS: Provisions of the federal income tax law relating to real
estate mortgage investment conduits, which appear at Sections 860A through 860G
of the Code, and any related provisions and proposed, temporary and final
Treasury regulations and published rulings, notices and announcements
promulgated thereunder, as the foregoing may be in effect from time to time.
REMITTANCE DATE: The 25th day of any month or if such 25th day is not a
Business Day, the first Business Day immediately following, commencing on July
27, 1998.
RENTS FROM REAL PROPERTY: With respect to any REO Property relating to a
Multifamily Loan, Mixed Use Loan or Commercial Loan, gross income of the
character described in Section 856(d) of the Code.
REO DISPOSITION: The final sale of a Mortgaged Property acquired in
foreclosure or by deed in lieu of foreclosure.
REO PROPERTY: As defined in Section 5.10.
REQUIRED OVERCOLLATERALIZATION AMOUNT: With respect to any Group and at any
time, the overcollateralization amount required by the Certificate Insurer and
set forth as the "Required Overcollateralization Amount" in the Insurance
Agreement with respect to each Group.
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REQUIRED PAYMENTS: With respect to any Group and for a particular
Remittance Date, the amount required to pay the Class A Interest Remittance
Amount with respect to all Classes of Class A Certificates, the Class A
Principal Remittance Amount with respect to all Classes of Class A Certificates,
the related Annual Trustee Expense Amount and the related Monthly Premium to be
paid to the Certificate Insurer pursuant to Section 6.04.
RESERVE ACCOUNT: With respect to each Group, and if necessary, the Account
established and maintained pursuant to Section 6.14, which must be an Eligible
Account. With respect to Group 1, the Reserve Account shall be known as the
Group 1 Reserve Account and with respect to Group 2, the Reserve Account shall
be known as the Group 2 Reserve Account.
RESERVE ACCOUNT DEPOSIT: With respect to each Group, the amount set forth
in the Insurance Agreement Supplement which is required by the Certificate
Insurer to be deposited in the related Reserve Account pursuant to Section
6.14(a)(ii).
RESERVE ACCOUNT INTEREST DEPOSIT: With respect to each Group, the interest
portion of any Deferred Payments deposited by the Trustee in the related Reserve
Account pursuant to Section 6.14(a)(i).
RESIDENTIAL DWELLING: A one- to four-family dwelling, a unit in a planned
unit development, a unit in a condominium development or a manufactured home.
RESPONSIBLE OFFICER: When used with respect to the Trustee, any officer
assigned to the Asset-Backed Securities Trust Services Department (or any
successor thereto), including any Vice President, Senior Trust Officer, Trust
Officer, Assistant Trust Officer, any Assistant Secretary, any trust officer or
any other officer of the Trustee customarily performing functions similar to
those performed by any of the above officers and having direct responsibility
for the administration of this Agreement, and also, with respect to a particular
matter, any other officer, to whom such matter is referred because of such
officer's knowledge of and familiarity with the particular subject. When used
with respect to the Depositor or the Servicer, the President or any Executive
Vice President, Senior Vice President, Vice President, Assistant Vice President,
or any Secretary or Assistant Secretary, or any Treasurer or Assistant
Treasurer.
SCHEDULED CLASS A PRINCIPAL BALANCE: For each calendar month, the amount
set forth in the Principal Prepayment Table.
SERIES: 1998-2.
SERVICER: Superior Bank FSB, or any successor appointed as provided herein.
SERVICER'S CERTIFICATE: As defined in Section 6.08.
SERVICER'S MONTHLY REMITTANCE REPORT: A report prepared by the Servicer
substantially in the form of Exhibit Q.
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SERVICING ADVANCES: All customary, reasonable and necessary "out of pocket"
costs and expenses incurred in connection with a default, delinquency or other
unanticipated event by the Servicer in the performance of its servicing
obligations, including, but not limited to, the cost of (i) the preservation,
restoration and protection of the Mortgaged Property, including without
limitation advances in respect of real estate taxes and assessments and
insurance premiums on fire, hazard and flood insurance policies, (ii) any
enforcement or judicial proceedings, including foreclosures, (iii) the
management and liquidation of an REO Property, (iv) compliance with the
obligations under Sections 5.01(e), 5.02, 5.05, 5.07, 5.15 and Article XIII,
which Servicing Advances are reimbursable to the Servicer to the extent provided
in this Agreement and (v) in connection with the liquidation of a Group 1
Mortgage Loan, expenditures relating to the purchase or maintenance of the First
Lien pursuant to Section 5.14, for all of which costs and expenses the Servicer
is entitled to reimbursement in accordance with this Agreement. Notwithstanding
anything herein to the contrary, no Servicing Advance shall be required to be
made hereunder if such Servicing Advance would, if made, constitute a
Nonrecoverable Advance. The determination by the Servicer that it has made a
Nonrecoverable Advance or that any proposed Servicing Advance, if made, would
constitute a Nonrecoverable Advance, shall be evidenced by an Officer's
Certificate delivered to the Certificate Insurer, the Depositor and the Trustee
no later than the Business Day following such determination.
SERVICING COMPENSATION: The Servicing Fee and other amounts to which the
Servicer is entitled pursuant to Section 7.03. The Servicer's right to Servicing
Compensation may be reduced as set forth in Section 6.10.
SERVICING FEE: As to each Mortgage Loan (including any Mortgage Loan as to
which the related Mortgaged Property has become REO Property), the annual fee
payable to the Servicer. Such fee shall be calculated and payable monthly only
from the amounts received in respect of interest on such Mortgage Loan and shall
be computed by multiplying (i) the principal balance on which interest accrues
on the Mortgage Loan by (ii) the Servicing Fee Rate and by further multiplying
the product thereof by (iii) a fraction, the numerator of which is the number of
days in the period elapsed since the date to which interest was last paid by the
Mortgagor or advanced by the Servicer and the denominator of which is the number
of days in the annual period for which interest accrues on the related Mortgage
Loan. The Servicing Fee is payable solely from the interest portion of (i)
Monthly Payments, (ii) Liquidation Proceeds, (iii) Insurance Proceeds or (iv)
Released Mortgaged Property Proceeds collected by the Servicer, or as otherwise
provided in Section 5.04. The Servicing Fee includes any servicing fees owed or
payable to any Subservicer.
SERVICING FEE RATE: 0.65% per annum.
SERVICING OFFICER: Any officer of the Servicer involved in, or responsible
for, the administration and servicing of the Mortgage Loans whose name and
specimen signature appears on a list of servicing officers annexed to an
Officer's Certificate furnished on the Closing Date to the Trustee and the
Certificateholders by the Servicer, as such list may from time to time be
amended.
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SINGLE FAMILY PROPERTY: A one- to four-family residential property
individual condominium unit, manufactured home, or unit in a planned unit
development.
S&P: Standard & Poor's Ratings Services, A Division of the McGraw-Hill
Companies, Inc., or any successor thereto.
SPECIAL POWER OF ATTORNEY: As defined in Section 2.04(f).
STARTUP DAY: The day designated as such pursuant to Section 13.01.
SUBORDINATED AMOUNT: With respect to each Group, the amount set forth as
such in the Insurance Agreement.
SUBSERVICER: Any Person with whom the Servicer has entered into a
Subservicing Agreement and who satisfies any requirements set forth in Section
5.01(a) in respect of the qualification of a Subservicer.
SUBSERVICING AGREEMENT: Any agreement between the Servicer and any
Subservicer relating to subservicing and/or administration of certain Mortgage
Loans as provided in Section 5.01(a), a copy of which shall be delivered, along
with any modifications thereto, to the Trustee.
SUBSEQUENT CUT-OFF DATE: With respect to those Subsequent Mortgage Loans
which are transferred and assigned to the Trustee pursuant to a Subsequent
Transfer Instrument, the close of business on the day prior to the related
Subsequent Transfer Date.
SUBSEQUENT MORTGAGE LOAN: A Group 1 Subsequent Mortgage Loan or a Group 2
Subsequent Mortgage Loan.
SUBSEQUENT TRANSFER DATE: The date on which a Subsequent Mortgage Loan is
transferred and assigned to the Trustee, which date shall be no later than
September 23, 1998.
SUBSEQUENT TRANSFER INSTRUMENT: A Group 1 Subsequent Transfer Instrument or
a Group 2 Subsequent Transfer Instrument.
SUBSTITUTION ADJUSTMENT: As to any date on which a substitution occurs
pursuant to Sections 2.05 or 3.03, the amount (if any) by which the aggregate
principal balances (after application of principal payments received on or
before the date of substitution) of any Qualified Substitute Mortgage Loans as
of the date of substitution, are less than the aggregate of the Principal
Balances, together with accrued and unpaid interest thereon to the date of
substitution, of the related Deleted Mortgage Loans.
TAX MATTERS PERSON: The Person or Persons designated from time to time to
act as the "tax matters person" (within the meaning of the REMIC Provisions).
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TAX MATTERS PERSON RESIDUAL INTEREST CERTIFICATE: The interest in the Class
R Certificates held by the Tax Matters Person pursuant to Section 13.01(c).
TAX RETURN: The federal income tax return on Internal Revenue Service Form
1066, "U.S. Real Estate Mortgage Investment Conduit Income Tax Return,"
including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of
REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed
on behalf of the Trust Fund REMIC, due to its classification as a REMIC under
the REMIC Provisions, together with any and all other information reports or
returns that may be required to be furnished the Certificateholders or filed
with the Internal Revenue Service or any other governmental taxing authority
under any applicable provision of federal, state or local tax laws.
TELERATE PAGE 3750: The display page currently so designated on the Dow
Jones Telerate Service (or such other page as may replace the page on that
service for the purpose of displaying comparable rates or prices).
TERMINATION PRICE: As defined in Section 11.01.
TRANSFER AFFIDAVIT: As defined in Section 4.02(c)(ii).
TRANSFER CERTIFICATE: As defined in Section 4.02(c)(ii).
TRIGGER EVENT: A trigger event shall occur if (A) as to Group 1 (i) with
respect to any Determination Date occurring prior to June 2003, the sum of (x)
the aggregate Realized Losses with respect to Group 1 experienced as of such
Determination Date and (y) the Delinquency Calculation Amount with respect to
such Determination Date exceeds $19,687,765.42 or (ii) with respect to any
Determination Date occurring prior to June 2008, the sum of (x) the aggregate
Realized Losses with respect to Group 1 experienced as of such Determination
Date and (y) the Delinquency Calculation Amount with respect thereto exceeds
$26,250,353.90; or
(B) as to Group 2, (i) with respect to any Determination Date occurring
prior to June 2003, the sum of (x) the aggregate Realized Losses with respect to
Group 2 experienced as of such Determination Date and (y) the Delinquency
Calculation Amount with respect to such Determination Date exceeds
$15,853,695.70 or (ii) with respect to any Determination Date occurring prior to
June 2008, the sum of (x) the aggregate Realized Losses with respect to Group 2
experienced as of such Determination Date and (y) the Delinquency Calculation
Amount with respect thereto exceeds $21,138,260.93; or
(C) On or after June 30, 1999, the Servicer fails to maintain hardware,
firmware or software, or any system consisting of one or more thereof,
including, without limitation, any and all enhancements, upgrades,
customizations, modifications, maintenance and the like (collectively, a
"System"), used by or for the benefit of the Servicer in connection with the
performance with Servicer's obligations under this Agreement, in a manner that
permits the Servicer to record, store, process, provide and, where appropriate,
insert, true and accurate dates and calculations for dates and spans including
and following January 1, 2000 (herein referred to
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as "Year 2000 Compliant"). In addition, "Year 2000 Compliant" shall mean that
the System will support the ability for its continued normal usage such that
neither the performance nor the correct functioning of the System will be
affected by the approach, and passing into, the year 2000. In particular:
(i) Year 2000 Compliant shall mean that no value for current date
will cause any interruption in the operation of the System.
(ii) All manipulations of time-related data will produce the desired
results for all valid dates within the application domain and in
combination with other products, prior to, through and beyond
the year 2000.
(iii) Date elements in interfaces and data storage will permit
specifying the century to eliminate date ambiguity without human
intervention including leap year calculations.
(iv) Where any date element is represented without a century, the
correct century shall be unambiguous for all manipulations
involving that element.
(v) Authorization codes and passwords relative to expiration dates
and CPU serial numbers should function normally during year 2000
testing time horizons; or
(D) Superior Bank FSB in its capacity as Servicer, fails to maintain at any
time a net worth of at least $80,000,000 computed in accordance with generally
accepted accounting principles.
TRUST: AFC Mortgage Loan Asset Backed Certificates, Series 1998-2.
TRUST FUND: Collectively, Group 1 and Group 2.
TRUST FUND REMIC: The Trust Fund, exclusive of the Pre-Funding Accounts
established pursuant to Section 6.12 and the Interest Coverage Accounts
established pursuant to Section 6.13.
TRUSTEE: LaSalle National Bank, or its successor in interest, or any
successor trustee appointed as herein provided.
TRUSTEE EXPENSE ACCOUNT: With respect to each Group, the account
established and maintained by the Trustee in accordance with Section 6.03. With
respect to Group 1, the Trustee Expense Account shall be known as the Group 1
Trustee Expense Account and with respect to Group 2, the Trustee Expense Account
shall be known as the Group 2 Trustee Expense Account.
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TRUSTEE'S MORTGAGE FILE: The documents delivered to the Trustee or the
Custodian pursuant to Section 2.04.
UNITED STATES PERSON: A citizen or resident of the United States, a
corporation, partnership or other entity created or organized in, or under the
laws of, the United States or any political subdivision thereof (other than a
partnership that is not treated as a United States person under any applicable
Treasury regulations), or an estate whose income is subject to United States
federal income tax regardless of its source, or a trust other than a "foreign
trust" within the meaning of Section 7701(a)(31) of the Code.
UNRECOVERED CLASS A PORTION: With respect to either the Class 1A or the
Class 2A Certificates and any Remittance Date, the excess, if any, of (A) the
related Class 1A or Class 2A Principal Balance minus the sum of (i) all amounts
(excluding that portion of Insured Payments with respect to the related Group,
if any, to be made in respect of principal) to be distributed to the Class 1A or
Class 2A Certificateholders in respect of principal on such Remittance Date on
account of amounts described in clauses (c)(i) through (c)(iii), inclusive, and
clauses (c)(v) (to the extent the amount in clause (c)(v) represents a right to
receive principal not previously covered by an Insured Payment), (c)(vi) and
(c)(viii) of the definition of Class A Principal Remittance Amount, (ii) all
other amounts to be distributed to the Class 1A or Class 2A Certificateholders
constituting Additional Principal to the extent necessary for the
Overcollateralization Amount to reach the Required Overcollateralization Amount
for the related Group on such Remittance Date, and (iii) all amounts distributed
to the Class 1A or Class 2A Certificateholders as a mandatory prepayment
pursuant to the last paragraph of Section 6.06(c) (only on the Remittance Date
occurring on September 25, 1998), over (B) the sum of (i) the related Group
Principal Balance plus (ii) the related Pre-Funded Amount minus the sum of (x)
the principal portion of the Monthly Payments received during the related Due
Period and deposited in the related Principal and Interest Account pursuant to
Section 5.03, and all Principal Prepayments, Curtailments, Excess Payments,
Insurance Proceeds, Net Liquidation Proceeds, Released Mortgaged Property
Proceeds and net income from any REO Property with respect to Mortgage Loans
with respect to the related Group to the extent applied by the Servicer as
recoveries of principal in respect of the related Mortgage Loans, which will be
distributed to the Class 1A or Class 2A Certificateholders pursuant to Section
6.06 on such Remittance Date, plus (y) the aggregate of, as to each related
Mortgage Loan which became a Liquidated Mortgage Loan during the related Due
Period, an amount (not less than zero or greater than the related Principal
Balance) equal to the excess, if any, of (i) the Principal Balance of such
Liquidated Mortgage Loan over (ii) the principal portion of the related Net
Liquidation Proceeds included in item (b)(iii) of the definition of Class A
Principal Remittance Amount that will actually be distributed to the Class 1A or
Class 2A Certificateholders on such Remittance Date, pursuant to Section
6.06(c)(A)(X)(ii) and 6.06(c)(A)(Y)(ii) with respect to Group 1 and Sections
6.06(c)(B)(X)(ii) and 6.06(c)(B)(Y)(ii) with respect to Group 2.
VOTING RIGHTS: The portion of the voting rights of all of the Certificates
which is allocated to any Certificate. As of any date of determination, 100% of
all of the Voting Rights with respect to Group 1 shall be allocated among
Holders of Class 1A Certificates in accordance with their respective Percentage
Interests. As of any date of determination, 100% of all of the
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Voting Rights with respect to Group 2 shall be allocated among Holders of Class
2A Certificates in accordance with their respective Percentage Interests.
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ARTICLE II
SALE AND CONVEYANCE OF THE TRUST FUND
Section 2.01 Sale and Conveyance of Trust Fund; Priority and Subordination
of Ownership Interests.
(a) The Depositor does hereby sell, transfer, assign, set over and convey
without recourse to the Trustee, but subject to the subordination described
below in this Section and the other terms and provisions of this Agreement, all
of the right, title and interest of the Depositor in and to the Group 1 and
Group 2 Mortgage Loans, together with any amounts due after the Cutoff Date with
respect to the Initial Mortgage Loans or after a Subsequent Cut-off Date with
respect to the Subsequent Mortgage Loans (other than the Depositor's Yield), and
all other assets included or to be included in the Trust Fund for the benefit of
the Certificateholders.
(b) The rights of the Certificateholders to receive payments with respect
to the Mortgage Loans in respect of the Certificates, and all ownership
interests of the Certificateholders in such payments, shall be as set forth in
this Agreement. In this regard, all rights of the Class R Certificateholders to
receive payments in respect of the Class R Certificates are subject and
subordinate to the preferential rights of the Class A Certificateholders to
receive payments in respect of the Class A Certificates, to the extent set forth
herein. In accordance with the foregoing, the ownership interest of the Class R
Certificateholders in amounts deposited in the Principal and Interest Accounts
and the Certificate Accounts from time to time shall not vest unless and until
such amounts are distributed in respect of the Class R Certificates in
accordance with the terms of this Agreement.
Section 2.02 Possession of Mortgage Files.
(a) Upon the issuance of the Certificates, and upon delivery of each
Subsequent Mortgage Loan or Qualified Substitute Mortgage Loan, the ownership of
each Mortgage Note, the Mortgage and the contents of the related Mortgage File
is vested in the Trustee for the benefit of the Certificateholders.
(b) Pursuant to Section 2.04, the Depositor has delivered or caused to be
delivered to the Trustee or the Custodian each Trustee's Mortgage File with
respect to the Initial Mortgage Loans.
Section 2.03 Books and Records.
The sale of each Mortgage Loan shall be reflected on the Depositor's
balance sheets and other financial statements as a sale of assets by the
Depositor. The Depositor shall be responsible for maintaining, and shall
maintain, a complete set of books and records for each Mortgage Loan which shall
be clearly marked to reflect the ownership of each Mortgage Loan by the Trustee
for the benefit of the Certificateholders.
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Section 2.04 Delivery of Mortgage Loan Documents.
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, to the Custodian, the Certificate Insurance
Policy and each of the following documents for each Initial Mortgage Loan. The
Depositor, contemporaneously with delivery of a Subsequent Transfer Instrument,
shall deliver or cause to be delivered to the Trustee or, if a Custodian has
been appointed pursuant to Section 12.12, to the Custodian, each of the
following documents for each related Subsequent Mortgage Loan:
(a) The original Mortgage Note, showing a complete chain of endorsements
and endorsed by the last endorsee thereof, "Pay to the order of
_____________________ [or LaSalle National Bank, as Trustee under the Pooling
and Servicing Agreement, dated as of June 1, 1998, Series 1998-2,] without
recourse" and signed, by facsimile or manual signature, by such last endorsee.
With respect to the Mortgage Loans listed on the schedule attached hereto as
Exhibit W, the original Mortgage Note referred to above cannot be located; the
obligations of the Depositor to deliver such documents shall be deemed to be
satisfied upon delivery to the Trustee of a photocopy of the original thereof
with a lost note affidavit;
(b) Either: (i) the original Mortgage, with evidence of recording thereon,
(ii) a copy of the Mortgage certified as a true copy by a Responsible Officer of
the Depositor or by the closing attorney, or by an officer of the title insurer
or agent of the title insurer which issued the related title insurance policy,
or commitment therefor, if the original has been transmitted for recording until
such time as the original is returned by the public recording office or (iii) a
copy of the Mortgage certified by the public recording office in those instances
where the original recorded Mortgage has been lost;
(c) Either: (i) (A) the original Assignment of Mortgage from the last
assignee of the related Mortgage assigned to the Trustee, with evidence of
recording thereon, or (B) an original assignment of mortgage from the last
assignee of the related Mortgage assigned in blank, or (ii) if an original
Assignment of Mortgage has not yet been provided in accordance with clause (i),
an Assignment of Mortgage to the Trustee, certified by an appropriate officer or
approved signatory of the Depositor or the closing attorney or any officer of
the title insurer that issued the related title insurance policy, or commitment
therefor, or its duly authorized agent, as being a true and complete copy of the
original of such Assignment of Mortgage to the Trustee submitted for recording
(provided, however, that an appropriate officer or approved signatory of the
Depositor may complete one or more blanket certificates attaching copies of one
or more Assignments of Mortgage to the Trustee relating thereto) or (iii) a copy
of such original Assignment of Mortgage to the Trustee, with evidence of
recording thereon, certified to be true and complete by the Depositor or the
appropriate public recording office, in those instances where such original
Assignment of Mortgage has been recorded but subsequently lost; any such
Assignment of Mortgage may be made by blanket assignments for Mortgage Loans
secured by the Mortgaged Properties located in the same county, if permitted by
applicable law;
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(d) The original policy of title insurance or a true copy thereof or, if
such policy has not yet been delivered by the insurer, the commitment or binder
to issue same and, with respect to a Manufactured Home Loan, a manufactured
housing unit (American Land Title Association 7) endorsement from the title
insurer stating that the insurer agrees that the related manufactured housing
unit is included within the term "land" when used in such title policy;
(e) Either: (i) originals of all intervening assignments, if any, showing a
complete chain of assignment from the originator to the last assignee of the
related Mortgage, including any recorded warehousing assignments, with evidence
of recording thereon, or, (ii) if the original intervening assignments have not
yet been returned from the recording office, a copy of the originals of such
intervening assignments together with a certificate of a Responsible Officer of
the Depositor or the closing attorney or an officer of the title insurer which
issued the related title insurance policy, or commitment therefor, or its duly
authorized agent certifying that the copy is a true copy of the original of such
intervening assignments or (iii) a copy of the intervening assignment certified
by the public recording office in those instances where the original recorded
intervening assignment has been lost;
(f) Either: (i) the original assumption agreement and/or modification
agreement, if any, with evidence of recording thereon, or (ii) if the original
of such agreement has not yet been returned from the recording office, a copy of
such original, certified by an appropriate officer or approved signatory of the
Depositor or the closing attorney or any officer of the title insurer that
issued the related title insurance policy, or commitment therefor, or its duly
authorized agent, as being a true and complete copy of the original of such
assumption and modification agreement submitted for recording, or (iii) a copy
of an original assumption and modification agreement, with evidence of recording
thereon, certified to be true and complete by the Depositor or the appropriate
public recording office, in those instances where such original recorded
assumption or modification agreement has been lost; and
Within 45 days after the Closing Date, with respect to each Multifamily
Loan, Mixed Use Loan and Commercial Loan, (i) if such item is a document
separate from the Mortgage either (A) an original copy of the related Assignment
of Leases, if any (with recording information indicated thereon), or (B) if the
original of such Assignment of Leases has not yet been returned from the
recording office, a copy of such original, certified by an appropriate officer
or approved signatory of the Depositor or the closing attorney or any officer of
the title insurer that issued the related title insurance policy, or commitment
therefor, or its duly authorized agent, as being a true and complete copy of the
original of such Assignment of Leases submitted for recording; (ii) an original
assignment of any related Assignment of Leases, if any (if such document is a
document separate from the Mortgage and not incorporated in the Assignment of
Mortgage), in blank and in recordable form; (iii) if such item is a document
separate from the Mortgage either (A) an original copy of all intervening
assignments of Assignment of Leases, if any (with recording information
indicated thereon), or (B) if the original of such intervening assignments of
Assignment of Leases has not yet been returned from the recording office, a copy
of such original, certified by an appropriate officer or approved signatory of
the Depositor or the closing attorney or any officer of the title insurer that
issued the related title insurance policy, or commitment therefor, or its duly
authorized agent, as being a true and complete copy of the original of such
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intervening assignment of Assignment of Leases submitted for recording; (iv)
either, (A) a copy of the UCC-1 financing statement and any related continuation
statements, if any, each showing the Mortgagor as debtor and mortgagee as
secured party and each with evidence of filing thereon, or (B) if the copy of
the UCC-1 financing statement has not yet been returned from the filing office,
a copy of such UCC-1 financing statement, certified by an appropriate officer or
approved signatory of the Depositor or the closing attorney or any officer of
the title insurer that issued the related title insurance policy, or commitment
therefor, or its duly authorized agent, as being a true and complete copy of the
original of such UCC-1 financing statement submitted for filing; (v) an original
executed form UCC-2 or UCC-3 financing statement, in form suitable for filing,
disclosing the assignment in blank, of the security interest in the personal
property constituting security for repayment of the Mortgage Loan; and (vi)
either (A) an original copy of all intervening assignments of UCC-3 financing
statements, if any (with recording information indicated thereon), or (B) if the
original of such intervening assignments of UCC-3 financing statements has not
yet been returned from the recording office, a copy of such original, certified
by an appropriate officer or approved signatory of the Depositor or the closing
attorney or any officer of the title insurer that issued the related title
insurance policy, or commitment therefor, or its duly authorized agent, as being
a true and complete copy of the original of such intervening assignments of
UCC-3 financing statements submitted for recording. If in connection with any
Mortgage Loan the Depositor cannot deliver any such financing statement(s) with
evidence of filing thereon because such financing statement(s) has not yet been
returned by the public filing office where such financing statement has been
submitted for filing, then the Depositor shall deliver or cause to be delivered
a photocopy, or the secured party's carbon copy with the debtor's signature of
such financing statement(s) (certified by the Depositor to be a true and
complete copy) together with an officers' certificate stating that such
financing statement(s) has been dispatched to the appropriate public filing
office for filing.
Within 45 days after the Closing Date, the Servicer shall have completed
each Assignment of Mortgage and Assignment of Leases, if any, originally
assigned in blank to "LaSalle National Bank, as Trustee, under the Pooling and
Servicing Agreement, dated as of June 1, 1998, Series 1998-2" and, within such
period (or if later, within 30 days after its receipt of the original recorded
Mortgage and intervening assignment), shall have submitted each such Assignment
of Mortgage to the appropriate public recording office for recording; provided
however, that the Servicer shall not be required to submit an Assignment of
Mortgage for recording with respect to a Mortgaged Property, where, in the
Opinion of Counsel to the Depositor (which opinion shall be delivered to the
Certificate Insurer within the 45-day or 30-day period, as applicable, specified
herein), such recordation of the Assignment of Mortgage is not required (i) to
effect the sale and conveyance of the Mortgage Loan by the Depositor to LaSalle
National Bank, as Trustee for AFC Mortgage Loan Asset Backed Certificates,
Series 1998-2, pursuant to and as provided in Section 2.01 or the granting and
perfecting of the security interest in the Mortgage Loan pursuant to and as
provided in Section 14.15 or (ii) to defeat any ownership, security interest or
other adverse claim to the Mortgage Loan by any creditor of the Depositor or by
any purported transferee of such Mortgage Loan in a purported transfer thereof
by the Depositor subsequent to such sale and conveyance. Any such Assignment of
Mortgage that is not required to be recorded pursuant to this paragraph shall be
delivered by the Depositor to the Trustee within such 45-day period. Each such
Assignment of Mortgage delivered by the
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Depositor to the Trustee shall, subject to receipt of the original recorded
Mortgage as described above, be in recordable form. Within such 45-day period,
the Depositor also shall deliver to the Trustee an original executed power of
attorney ("Special Power of Attorney"), substantially in the form of Exhibit K,
with respect to the Assignments of Mortgage that are not required to be recorded
under this paragraph, authorizing the Trustee to record the Assignments of
Mortgage if necessary or advisable to protect the interests of the
Certificateholders and the Certificate Insurer. Pursuant to such power of
attorney, the Trustee also may execute a new Assignment of Mortgage for any
Mortgage Loan if the original Assignment of Mortgage delivered by the Depositor
to the Trustee is not in recordable form at such time as the Assignment of
Mortgage is to be recorded by the Trustee.
Within 45 days after the Closing Date, the Servicer shall complete any
UCC-2 or UCC-3 financing statements with respect to the Multifamily Loans, Mixed
Use Loans and Commercial Loans, such that the assignee of creditor is listed as
"LaSalle National Bank, as Trustee under the Pooling and Servicing Agreement,
dated as of June 1, 1998, Series 1998-2." The Depositor shall no later than ten
Business Days after the receipt thereof, and in any event, within one year of
the Closing Date, deliver or cause to be delivered to the Trustee or the
Custodian: (a) the original recorded Mortgage in those instances where a copy
thereof certified by the Depositor was delivered to the Trustee or the
Custodian; (b) the original recorded Assignment of Mortgage from the Depositor
to the Trustee, which, together with any intervening assignments of Mortgage,
evidences a complete chain of assignment from the originator to the Trustee in
those instances where copies thereof certified by the Depositor were delivered
to the Trustee or the Custodian; (c) the title insurance policy required in
clause (d) above; (d) the original recorded assumption and modification
agreement in those instances in which a copy was delivered; (e) the original
Assignment of Leases in those instances in which a copy was delivered and (f)
the copy of the UCC-1 financing statement and any related continuation
statements with evidence of filing thereon returned from the recording office if
a copy was previously delivered as set forth in clause (iv)(B) in the second
preceding paragraph. Notwithstanding anything to the contrary contained in this
Section 2.04, in those instances where the public recording office retains the
original Mortgage, Assignment of Mortgage or the intervening assignments of the
Mortgage, Assignment of Leases or assignment of Assignment of Leases after it
has been recorded, the Depositor shall be deemed to have satisfied its
obligations hereunder upon delivery to the Trustee or the Custodian of a copy of
such Mortgage, Assignment of Mortgage or intervening assignments of the
Mortgage, Assignment of Leases or assignment of Assignment of Leases certified
by the public recording office to be a true copy of the recorded original
thereof. From time to time the Depositor may forward or cause to be forwarded to
the Trustee or the Custodian additional original documents evidencing an
assumption or modification of a Mortgage Loan. All Mortgage Loan documents held
by the Trustee or the Custodian as to each Mortgage Loan are referred to herein
as the "Trustee's Mortgage File."
All recording required pursuant to this Section 2.04 shall be accomplished
by and at the expense of the Depositor.
Section 2.05 Acceptance by Trustee of the Trust Fund; Certain
Substitutions; Certification by Trustee.
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(a) The Trustee agrees to execute and deliver on the Closing Date and on
each Subsequent Transfer Date an acknowledgment of receipt (or if a Custodian
has been appointed, a receipt by the Custodian) of, for each Mortgage Loan
transferred and assigned to the Trustee on such date, the items listed in
Section 2.04 (a) through (f) above, in the form attached as Exhibit F, and
declares that it will hold such documents and any amendments, replacements or
supplements thereto, as well as any other assets included in the definition of
Trust Fund and delivered to the Trustee or the Custodian, as Trustee in trust
upon and subject to the conditions set forth herein for the benefit of the
Certificateholders. The Trustee or Custodian (such Custodian being so obligated
under a Custodial Agreement) agrees, for the benefit of the Certificateholders,
to review (or cause to be reviewed) each Trustee's Mortgage File within 45 days
after the Closing Date (or, with respect to any Subsequent Mortgage Loan or
Qualified Substitute Mortgage Loan, within 45 days after the receipt by the
Trustee or Custodian thereof) and to deliver to the Depositor, the Servicer and
the Certificate Insurer a certification in the form attached hereto as Exhibit
F-1 to the effect that, as to each Mortgage Loan listed in the related Mortgage
Loan Schedule (other than any Mortgage Loan paid in full or any Mortgage Loan
specifically identified in such certification as not covered by such
certification) and except as noted therein, (i) all documents required to be
delivered to it pursuant to this Agreement are in its possession or in the
possession of the Custodian on its behalf (other than items listed in Section
2.04(f) above), (ii) any and all documents delivered by the Depositor pursuant
to Section 2.04 above have been reviewed by it or the Custodian on its behalf
and have not been mutilated, damaged, torn or otherwise physically altered
(handwritten additions, changes or corrections shall not constitute physical
alteration if initialled by the Mortgagor) and relate to such Mortgage Loan,
(iii) based on its examination, or the examination of the Custodian on its
behalf, and only as to the foregoing documents, the information set forth on the
related Mortgage Loan Schedule accurately reflects the information set forth in
the Trustee's Mortgage File and (iv) each Mortgage Note has been endorsed as
provided in Section 2.04 above. The Trustee or Custodian shall be under no duty
or obligation to inspect, review or examine any such documents, instruments,
certificates or other papers to determine that they are genuine, enforceable, or
appropriate for the represented purpose or that they are other than what they
purport to be on their face. Within 375 days after the Closing Date, the Trustee
shall deliver (or cause to be delivered by the Custodian, if any) to the
Servicer, the Depositor and the Certificate Insurer a final certification in the
form attached hereto as Exhibit G covering both the Initial Mortgage Loans and
all Subsequent Mortgage Loans evidencing the completeness of the Trustee's
Mortgage Files (other than items listed in Section 2.04(f) above). Following
delivery of the Final Certification, the Trustee shall (or cause the Custodian
to) provide to the Certificate Insurer, the Depositor and the Servicer no less
frequently than quarterly, and the Servicer shall provide to the Certificate
Insurer, no less frequently than quarterly, updated certifications indicating
the then current status of exceptions, until all such exceptions have been
eliminated.
(b) If the Certificate Insurer, the Trustee or the Custodian, if any, on
the Trustee's behalf during the process of reviewing the Trustee's Mortgage
Files finds any document constituting a part of a Trustee's Mortgage File which
is not executed, has not been received, is unrelated to the Mortgage Loan
identified in the related Mortgage Loan Schedule, or does not conform to the
requirements of Section 2.04 above or the description thereof as set forth in
the
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related Mortgage Loan Schedule, the Trustee, the Certificate Insurer or the
Custodian (pursuant to the Custodial Agreement), as applicable, shall promptly
so notify the Servicer, the Depositor, the Certificate Insurer, the Custodian
and the Trustee. In performing any such review, the Trustee may conclusively
rely on the Depositor as to the purported genuineness of any such document and
any signature thereon. It is understood that the scope of the Trustee's review
of the Mortgage Files is limited solely to confirming that the documents listed
in Section 2.04 above (other than the items listed in Section 2.04(f) above)
have been received and further confirming that any and all documents delivered
pursuant to such Section 2.04 have been executed and relate to the Mortgage
Loans identified in the related Mortgage Loan Schedule. The Trustee shall have
no responsibility for determining whether any document is valid and binding,
whether the text of any assignment or endorsement is in proper or recordable
form, whether any document has been recorded in accordance with the requirements
of any applicable jurisdiction, or whether a blanket assignment is permitted in
any applicable jurisdiction. The Depositor agrees to use reasonable efforts to
remedy a material defect in a document constituting part of a Trustee's Mortgage
File of which it is so notified by the Trustee. If, however, within 60 days
after the Trustee's or Custodian's notice to it respecting such defect the
Depositor has not remedied the defect and the defect materially and adversely
affects the interest of the Certificateholders in the related Mortgage Loan or
the interests of the Certificate Insurer, the Depositor will on the
Determination Date next succeeding the end of such 60 day period (i) substitute
in lieu of such Mortgage Loan a Qualified Substitute Mortgage Loan in the manner
and subject to the conditions set forth in Section 3.03 or (ii) purchase such
Mortgage Loan at a purchase price equal to the Principal Balance of such
Mortgage Loan as of the date of purchase, plus all accrued and unpaid interest
on such Mortgage Loan to but not including the Due Date in the Due Period most
recently ended prior to such Determination Date computed at the Mortgage Rate
plus the amount of any unreimbursed Servicing Advances made by the Servicer with
respect to such Mortgage Loan, which purchase price shall be deposited in the
Principal and Interest Account (after deducting therefrom any amounts received
in respect of such repurchased Mortgage Loan and being held in the related
Principal and Interest Account for future distribution to the extent such
amounts represent recoveries of principal not yet applied to reduce the related
Principal Balance or interest (net of the Servicing Fee) for the period from and
after the Due Date in the Due Period most recently ended prior to such
Determination Date). For purposes of calculating the Available Remittance Amount
for any Remittance Date, amounts paid by the Depositor pursuant to this Section
2.05 in connection with the repurchase or substitution of any Mortgage Loan that
are on deposit in the related Principal and Interest Account as of the
Determination Date for such Remittance Date shall be deemed to have been paid
during the related Due Period and shall be transferred to the related
Certificate Account pursuant to Section 5.04(i) on the Determination Date for
such Remittance Date.
(c) Upon receipt by the Trustee of a certification of a Servicing Officer
of the Servicer of such substitution or purchase and the deposit of the amounts
described above in the related Principal and Interest Account (which
certification shall be in the form of Exhibit I), the Trustee shall release (or
cause to be released) to the Servicer for release to the Depositor the related
Trustee's Mortgage File and shall execute, without recourse, representation or
warranty, and deliver such instruments of transfer presented to it by the
Servicer as shall be necessary to transfer such Mortgage Loan to the Depositor.
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On the Remittance Date in January of each year, the Trustee or the
Custodian, if any, shall deliver to the Depositor, the Servicer and the
Certificate Insurer a certification detailing all releases with respect to the
Mortgage Loans for which the Trustee or the Custodian holds a Trustee's Mortgage
File pursuant to this Agreement. Such certification shall be limited to a list
of all Trustee's Mortgage Files which were released by or returned to the
Trustee or the Custodian during the prior calendar year, the date of such
release or return, the reason for such release or return, and the Person to whom
the Trustee's Mortgage File was released and the Person who returned the
Trustee's Mortgage File.
Section 2.06 [Reserved].
Section 2.07 Execution of Certificates.
The Trustee acknowledges the assignment to it of the Mortgage Loans and the
delivery of the Trustee's Mortgage Files to it and, concurrently with such
delivery, has executed and caused to be authenticated and delivered to or upon
the order of the Depositor, in exchange for the Mortgage Loans, the Trustee's
Mortgage Files and the other assets included in the definition of the Trust
Fund, Certificates in Authorized Denominations evidencing the entire ownership
of the Trust Fund.
Section 2.08 Fees and Expenses of the Trustee.
Subject to Section 12.05 hereof, the fees and expenses of the Trustee
hereunder including (i) the annual fees of the Trustee, payable annually in
advance beginning on the Closing Date and on each anniversary thereof, (ii) any
other fees, expenses, disbursements and advances to which the Trustee is
entitled, and (iii) reimbursements to the Servicer for any advances made by the
Servicer to the related Trustee Expense Account pursuant to Section 6.03, shall
be paid from the related Trustee Expense Account in the manner set forth in
Section 6.03; provided, however, that the Depositor shall be liable for any
expenses of the Trust Fund incurred prior to the Closing Date. The fees due to
the Trustee on the Closing Date pursuant to Section 2.08(i) above shall be paid
by the Depositor on the Closing Date from its own funds.
Section 2.09 Application of Principal and Interest.
In the event that Net Liquidation Proceeds or Insurance Proceeds on a
Liquidated Mortgage Loan are less than the related Principal Balance plus
accrued interest thereon, or any Mortgagor makes a partial payment of any
Monthly Payment due on a Mortgage Loan, such Net Liquidation Proceeds, Insurance
Proceeds or partial payment shall be applied to payment of the related Mortgage
Note as provided therein, and if not so provided or if the related Mortgaged
Property has become an REO Property, first to interest accrued at the related
Mortgage Rate and then to principal.
Section 2.10 Conveyance of the Subsequent Mortgage Loans.
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(a) Subject to the conditions set forth in paragraph (b) below in
consideration of the Trustee's delivery on the related Subsequent Transfer Dates
to or upon the order of the Depositor of all or a portion of the balance of
funds in the related Pre-Funding Account with respect to each Group, the
Depositor shall on any Subsequent Transfer Date sell, transfer, assign, set over
and convey without recourse to the Trustee but subject to the subordination
described above in Section 2.01(b) above and the other terms and provisions of
this Agreement all of the right, title and interest of the Depositor in and to
(i) the Subsequent Mortgage Loans identified on the related Mortgage Loan
Schedule attached to the related Subsequent Transfer Instrument, delivered by
the Depositor on such Subsequent Transfer Date, excepting the Depositor's Yield,
(ii) principal received and interest accruing on the Subsequent Mortgage Loans
after the related Subsequent Cut-off Date and (iii) all items with respect to
such Subsequent Mortgage Loans to be delivered pursuant to Section 2.04 above
and the other items in the related Mortgage Files; provided, however, that the
Depositor reserves and retains all right, title and interest in and to principal
(including Prepayments, Curtailments and Excess Payments) received and interest
accruing on the Subsequent Mortgage Loans on or prior to the related Subsequent
Cut-off Date. The transfer to the Trustee by the Depositor of the Subsequent
Mortgage Loans identified on the related Mortgage Loan Schedule shall be
absolute and is intended by the Depositor, the Servicer, the Trustee and the
Certificateholders to constitute and to be treated as a sale of the Subsequent
Mortgage Loans by the Depositor to the Trust Fund.
The purchase price paid by the Trustee from amounts released from the
Pre-Funding Account shall be one-hundred percent (100%) of the aggregate
principal balances of the Subsequent Mortgage Loans so transferred. This
Agreement shall constitute a fixed-price purchase contract in accordance with
Section 860G(a)(3)(A)(ii) of the Code.
(b) The Depositor shall transfer to the Trustee the Subsequent Mortgage
Loans and the other property and rights related thereto described in Section
2.10 (a) above, and the Trustee shall release funds from the related Pre-Funding
Account, only upon the satisfaction of each of the following conditions on or
prior to the related Subsequent Transfer Date:
(i) except with respect to the first conveyance of Subsequent Mortgage
Loans to the Trustee, the Depositor shall have provided the Trustee and the
Certificate Insurer with a timely Addition Notice and shall have provided
any information reasonably requested by the Trustee or the Certificate
Insurer with respect to the Subsequent Mortgage Loans;
(ii) the Depositor shall have delivered to the Trustee a duly executed
Subsequent Transfer Instrument, which shall include a Mortgage Loan
Schedule, listing the Subsequent Mortgage Loans;
(iii) as of each Subsequent Transfer Date, the Depositor shall not be
insolvent nor shall it have been made insolvent by such transfer nor shall
it be aware of any pending insolvency;
(iv) such sale and transfer shall not result in a material adverse tax
consequence to the Trust Fund or the Certificateholders;
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(v) the Funding Period shall not have terminated;
(vi) the Depositor shall have delivered to the Trustee an Officer's
Certificate, substantially in the form of Exhibit V, confirming the
satisfaction of each condition precedent and representations specified in
this Section 2.10(b), and Section 2.10(c) with respect to Group 1 and
Section 2.10(d) with respect to Group 2 below in the related Subsequent
Transfer Instrument;
(vii) the Depositor shall have delivered to the Trustee and the
Certificate Insurer Opinions of Counsel addressed to the Certificate
Insurer, Moody's, S&P and the Trustee with respect to the transfer of the
Subsequent Mortgage Loans substantially in the form of the Opinions of
Counsel delivered to the Certificate Insurer and the Trustee on the Closing
Date regarding certain bankruptcy and corporate matters; and
(viii) the Trustee shall have delivered to the Certificate Insurer and
the Depositor an Opinion of Counsel addressed to the Depositor, Moody's,
S&P and the Certificate Insurer with respect to the Subsequent Transfer
Instrument substantially in the form of the Opinion of Counsel delivered to
the Certificate Insurer and the Depositor on the Closing Date regarding
certain corporate matters relating to the Trustee.
(c) Any conveyance of Group 1 Subsequent Mortgage Loans on a Subsequent
Transfer Date is subject to the following representations and warranties of the
Depositor: (i) each such Subsequent Mortgage Loan must satisfy the
representations and warranties specified in the Subsequent Transfer Instrument
and this Agreement; (ii) the Depositor will not select such Subsequent Mortgage
Loans in a manner that it believes is adverse to the interests of the
Certificateholders; (iii) the Depositor will deliver certain opinions of counsel
with respect to the validity of the conveyance of such Subsequent Mortgage
Loans; (iv) as of the respective Subsequent Cut-off Date, the Group 1 Subsequent
Mortgage Loans will satisfy the following criteria: (A) such Subsequent Mortgage
Loan may not be 30 or more days contractually delinquent as of the related
Subsequent Cut-off Date; (B) the original term to maturity of such Subsequent
Mortgage Loan will not be less than 60 months and will not exceed 360 months;
(C) such Subsequent Mortgage Loan may not provide for negative amortization; (D)
such Subsequent Mortgage Loan will have a Mortgage Rate not less than 5.5%; (E)
such Subsequent Mortgage Loan will be underwritten in accordance with the
criteria set forth under "The Depositor--Underwriting Criteria--Group 1" in the
Prospectus; (F) such Subsequent Mortgage Loan will have been serviced by the
Servicer since origination or purchase by the Depositor; (G) such Subsequent
Mortgage Loan will not have a Combined Loan-to-Value Ratio greater than 92%; and
(H) such Subsequent Mortgage Loans will have (1) as of the end of the Funding
Period, a weighted average number of months since origination of not over 4
months and (2) not over 20% by aggregate principal balance with a first payment
date no later than November 1998. In addition, following the purchase of any
Group 1 Subsequent Mortgage Loan by the Trust Fund, the Group 1 Mortgage Loans
(including the Group 1 Subsequent Mortgage Loans) as of the end of the Funding
Period will: (i) have a weighted average Mortgage Rate of at least 10%; (ii)
have a weighted average remaining term to stated maturity of not more than 285
months and not less than 210 months; (iii) have a weighted average Combined
Loan-to-Value Ratio of not more than 81%;
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(iv) have not in excess of 35% by aggregate principal balance of Group 1
Mortgage Loans that are Balloon Mortgage Loans; (v) have no Group 1 Mortgage
Loan with a principal balance in excess of $975,000; (vi) not have in excess of
14% by aggregate principal balance of Group 1 Mortgage Loans secured by
non-owner occupied Mortgaged Properties; (vii) not have a concentration of
Mortgaged Properties in a single zip code in excess of 5% by aggregate principal
balance of Group 1 Mortgage Loans; (viii) not have any Group 1 Mortgage Loans
secured by Mortgaged Properties that are condominiums; (ix) have at least 68% by
aggregate principal balance of Group 1 Mortgage Loans secured by fee simple
interests in attached or detached Single Family Properties (including units in
planned unit developments); (x) not have in excess of 15% by aggregate principal
balance of Group 1 Mortgage Loans secured by Multifamily Properties and Mixed
Use Properties; (xi) not have in excess of 8% by aggregate principal balance of
Group 1 Mortgage Loans secured by Manufactured Homes; and (xii) not have in
excess of 5% by aggregate principal balance of Group 1 Mortgage Loans secured by
Commercial Properties. In the sole discretion of the Certificate Insurer, Group
1 Subsequent Mortgage Loans with characteristics varying from those set forth in
this paragraph may be purchased by the Trust Fund; provided, however, that the
addition of such Group 1 Mortgage Loans will not materially affect the aggregate
characteristics of Group 1.
(d) Any conveyance of Group 2 Subsequent Mortgage Loans on a Subsequent
Transfer Date is subject to the following representations and warranties of the
Depositor: (i) each Subsequent Mortgage Loan must satisfy the representations
and warranties specified in the Subsequent Transfer Instrument and this
Agreement; (ii) the Depositor will not select such Subsequent Mortgage Loans in
a manner that it believes is adverse to the interests of the Certificateholders;
(iii) the Depositor will deliver certain opinions of counsel with respect to the
validity of the conveyance of such Subsequent Mortgage Loans; (iv) as of the
respective Subsequent Cut-off Date the Group 2 Subsequent Mortgage Loans will
satisfy the following criteria: (A) such Group 2 Subsequent Mortgage Loan may
not be 30 or more days contractually delinquent as of the related Subsequent
Cut-off Date; (B) the original term to maturity of such Subsequent Mortgage Loan
will not be less than 180 months and will not exceed 360 months; (C) such
Subsequent Mortgage Loan may not provide for negative amortization; (D) such
Subsequent Mortgage Loan will have a Gross Margin not less than 3.50%; (E) such
Subsequent Mortgage Loan will be underwritten in accordance with the criteria
set forth under "The Depositor--Underwriting Criteria--Group 2" in the
Prospectus; (F) such Subsequent Mortgage Loan will have been serviced by the
Servicer since origination or purchase by the Depositor; (G) such Subsequent
Mortgage Loan will not have a Loan-to-Value Ratio greater than 92%; (H) such
Subsequent Mortgage Loan will have a Maximum Mortgage Rate not less than 12% and
(I) such Subsequent Mortgage Loans will have (1) as of the end of the Group 2
Funding Period, a weighted average number of months since origination of not
over 4 months and (2) not over 20% by aggregate principal balance with a first
payment date not later than November, 1998. In addition, following the purchase
of any Group 2 Subsequent Mortgage Loan by the Trust Fund, the Group 2 Mortgage
Loans (including the related Group 2 Subsequent Mortgage Loans) as of the end of
the Funding Period will: (i) have a weighted average Gross Margin of at least
5.50% and a weighted average coupon of at least 9.70%; (ii) have a weighted
average remaining term to stated maturity of not more than 358.5 months and not
less than 290 months; (iii) have a weighted average Loan-to-Value Ratio of not
more than 83%; (iv) have no Group 2 Mortgage Loan with a principal balance in
excess of $975,000; (v) not have in excess of 12% by aggregate principal
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balance of Group 2 Mortgage Loans secured by non-owner occupied Mortgaged
Properties; (vi) not have a concentration of Mortgaged Properties in a single
zip code in excess of 5% by aggregate principal balance of Group 2 Mortgage
Loans; (vii) have at least 73% by aggregate principal balance of Group 2
Mortgage Loans secured by fee simple interests in attached or detached Single
Family Properties (including units in planned unit developments); (viii) will
not be secured by Multifamily Properties; (ix) will not be secured by Mixed Use
Properties; (x) will not be secured by Commercial Properties; and (xi) will not
have in excess of 6% by aggregate principal balance of Group 2 Mortgage Loans
secured by Manufactured Homes. In the sole discretion of the Certificate
Insurer, Group 2 Subsequent Mortgage Loans with characteristics varying from
those set forth in this paragraph may be purchased by the Trust Fund; provided,
however, that the addition of such Group 2 Mortgage Loans will not materially
affect the aggregate characteristics of Group 2.
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ARTICLE III
REPRESENTATIONS AND WARRANTIES
Section 3.01 Representations of the Depositor.
The Depositor hereby represents and warrants to the Trustee, the
Certificate Insurer and the Certificateholders as of the Closing Date:
(a) The Depositor is a federally chartered stock savings bank, duly
organized, validly existing and in good standing under the laws of the United
States and has all licenses necessary to carry on its business as now being
conducted and is licensed, qualified and in good standing in each state in which
a Mortgaged Property is located if the laws of such state require licensing or
qualification in order to conduct business of the type conducted by the
Depositor and perform its obligations as Depositor hereunder; the Depositor has
the power and authority to execute and deliver this Agreement and to perform in
accordance herewith; the execution, delivery and performance of this Agreement
(including all instruments of transfer to be delivered pursuant to this
Agreement) by the Depositor and the consummation of the transactions
contemplated hereby have been duly and validly authorized by all necessary
action; this Agreement evidences the valid, binding and enforceable obligation
of the Depositor; and all requisite action has been taken by the Depositor to
make this Agreement valid, binding and enforceable upon the Depositor in
accordance with its terms, subject to the effect of bankruptcy, insolvency,
reorganization, moratorium and other, similar laws relating to or affecting
creditors' rights generally or the application of equitable principles in any
proceeding, whether at law or in equity;
(b) All actions, approvals, consents, waivers, exemptions, variances,
franchises, orders, permits, authorizations, rights and licenses required to be
taken, given or obtained, as the case may be, by or from any federal, state or
other governmental authority or agency (other than any such actions, approvals,
etc. under any state securities laws, real estate syndication or "Blue Sky"
statutes, as to which the Depositor makes no such representation or warranty),
that are necessary in connection with the purchase and sale of the Certificates
and the execution and delivery by the Depositor of the documents to which it is
a party, have been duly taken, given or obtained, as the case may be, are in
full force and effect, are not subject to any pending proceedings or appeals
(administrative, judicial or otherwise) and either the time within which any
appeal therefrom may be taken or review thereof may be obtained has expired or
no review thereof may be obtained or appeal therefrom taken, and are adequate to
authorize the consummation of the transactions contemplated by this Agreement
and the other documents on the part of the Depositor and the performance by the
Depositor of its obligations as Depositor or Servicer under this Agreement and
such of the other documents to which it is a party;
(c) The consummation of the transactions contemplated by this Agreement
will not result in the breach of any terms or provisions of the charter or
by-laws of the Depositor or result in the breach of any term or provision of, or
conflict with or constitute a default under or result in the acceleration of any
obligation under, any material agreement, indenture or loan or credit agreement
or other material instrument to which the Depositor or its property is subject,
or
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result in the violation of any law, rule, regulation, order, judgment or decree
to which the Depositor or its property is subject;
(d) Neither this Agreement nor the Prospectus nor any statement, report or
other document prepared by the Depositor and furnished or to be furnished
pursuant to this Agreement or in connection with the transactions contemplated
hereby contains any untrue statement of material fact or omits to state a
material fact necessary to make the statements contained herein or therein not
misleading;
(e) There is no action, suit, proceeding or investigation pending or, to
the best of the Depositor's knowledge, threatened against the Depositor which,
either in any one instance or in the aggregate, may result in any material
adverse change in the business, operations, financial condition, properties or
assets of the Depositor or in any material impairment of the right or ability of
the Depositor to carry on its business substantially as now conducted, or in any
material liability on the part of the Depositor or which would draw into
question the validity of this Agreement or the Mortgage Loans or of any action
taken or to be taken in connection with the obligations of the Depositor
contemplated herein, or which would be likely to impair materially the ability
of the Depositor to perform under the terms of this Agreement;
(f) The Depositor is not in default with respect to any order or decree of
any court or any order, regulation or demand of any federal, state, municipal or
governmental agency, which default might have consequences that would materially
and adversely affect the condition (financial or other) or operations of the
Depositor or its properties or might have consequences that would materially and
adversely affect its performance hereunder;
(g) Upon the receipt of each Trustee's Mortgage File by the Trustee under
this Agreement, the Trustee will have good title on behalf of the Trust Fund to
each Mortgage Loan (other than the Depositor's Yield and amounts received on or
after the Cut-off Date in the case of Initial Mortgage Loans or on or after a
Subsequent Cut-off Date in the case of Subsequent Mortgage Loans in respect of
interest accrued on the Mortgage Loans prior to the Cut-off Date or prior to the
Subsequent Cut-off Date, as the case may be) and such other items comprising the
corpus of the Trust Fund free and clear of any lien (other than liens which will
be simultaneously released);
(h) The transfer, assignment and conveyance of the Mortgage Notes and the
Mortgages by the Depositor pursuant to this Agreement are not subject to the
bulk transfer laws or any similar statutory provisions in effect in any
applicable jurisdiction;
(i) The origination and collection practices used by the Depositor with
respect to each Mortgage Note and Mortgage have been in all material respects
legal, proper, prudent and customary in the first and second mortgage
origination and servicing business with respect to Group 1, and legal, proper,
prudent and customary in the first mortgage origination and servicing business
with respect to Group 2; and
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(j) Considering the size of each Pre-Funding Account and the frequency of
prepayments, defaults, "fall-out" due to the borrower choosing another lender or
exercising its right of rescission, defective documentation and other
circumstances that would disqualify a mortgage loan from being purchased as a
Subsequent Mortgage Loan hereunder, the mortgage loans listed on each Proposed
Subsequent Mortgage Loan Schedule do not represent an unreasonably large pool of
mortgage loans from which to obtain the majority of the related Subsequent
Mortgage Loans.
Section 3.02 Individual Mortgage Loans.
(a) With respect to the Mortgage Loans, the Depositor hereby represents and
warrants to the Trustee, the Certificate Insurer and the Certificateholders,
with respect to each Initial Mortgage Loan, as of the Closing Date, and with
respect to each Subsequent Mortgage Loan, as of the related Subsequent Transfer
Date the following, subject to Section 2.10(c) and 2.10(d) above and modified to
the extent stated therein in the case of Subsequent Mortgage Loans:
(i) The information with respect to each Mortgage Loan set forth in
the related Mortgage Loan Schedule is true and correct;
(ii) All of the original or certified documentation required to be
delivered by the Depositor to the Trustee or to the Custodian on the Closing
Date or a Subsequent Transfer Date or as otherwise provided in Section 2.04
above has or will be so delivered as provided;
(iii) Each Mortgaged Property is improved by a Single Family Property,
Multifamily Property, Mixed Use Property or Commercial Property, which, to the
best of the Depositor's knowledge, does not include cooperatives and does not
constitute other than real property under state law;
(iv) Each Mortgage Loan is being serviced by the Servicer or one or
more Subservicers;
(v) Except with respect to liens released immediately prior to the
transfer herein contemplated, immediately prior to the transfer and assignment
herein contemplated, the Depositor held good and indefeasible title to, and was
the sole owner of, each Mortgage Loan subject to no liens, charges, mortgages,
encumbrances or rights of others; and immediately upon the transfer and
assignment herein contemplated, the Trustee will hold good and indefeasible
title to, and be the sole owner of, each Mortgage Loan subject to no liens,
charges, mortgages, encumbrances or rights of others;
(vi) There is no delinquent tax or assessment lien on any Mortgaged
Property, and each Mortgaged Property is free of material damage and is in
average repair;
(vii) The Mortgage Loan is not subject to any right of rescission,
set-off, counterclaim or defense, including the defense of usury, nor will the
operation of any of the terms of the Mortgage Note or the Mortgage, or the
exercise of any right thereunder, render either the
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Mortgage Note or the Mortgage unenforceable in whole or in part, or subject to
any right of rescission, set-off, counterclaim or defense, including the defense
of usury, and no such right of rescission, set-off, counterclaim or defense has
been asserted with respect thereto;
(viii) There is no mechanics' lien or claim for work, labor or
material affecting any Mortgaged Property which is or may be a lien prior to, or
equal with, the lien of such Mortgage except those which are insured against by
the title insurance policy referred to in Section 3.02(a)(x) below;
(ix) Each Mortgage Loan at the time it was made complied in all
material respects with applicable state and federal laws and regulations,
including, without limitation, usury, equal credit opportunity and disclosure
laws;
(x) With respect to each Mortgage Loan, a written commitment for a
lender's title insurance policy, issued in standard American Land Title
Association or California Land Title Association form, or other form acceptable
in a particular jurisdiction, by a title insurance company authorized to
transact business in the state in which the related Mortgaged Property is
situated, together with a condominium endorsement or a manufactured housing unit
(American Land Title Association 7) endorsement (stating that the insurer agrees
that the related manufactured housing unit is included with the term "land" when
used in the title policy), if applicable, in an amount at least equal to the
original Principal Balance of such Mortgage Loan insuring the mortgagee's
interest under the related Mortgage Loan as the holder of a valid first or
second mortgage lien of record with respect to Group 1, or a valid first
mortgage lien of record with respect to Group 2, on the real property described
in the Mortgage, subject only to exceptions of the character referred to in
Section 3.02(a)(v) above, was effective on the date of the origination of such
Mortgage Loan, and, as of the Closing Date, such commitment will be valid and
thereafter the policy issued pursuant to such commitment shall continue in full
force and effect. With respect to each Mortgage Loan, the mortgagee is the sole
named insured of such mortgage title insurance policy, and such mortgage title
insurance policy is in full force and effect and will be in full force and
effect and inure to the benefit of the Trustee upon the consummation of the
transactions contemplated by this Agreement. No claims have been made under such
mortgage title insurance policy and no prior holder of the related Mortgage,
including the mortgagee, has done, by act or omission, anything that would
impair the coverage of such mortgage title insurance policy;
(xi) The improvements upon each Mortgaged Property are covered by a
valid and existing hazard insurance policy with a generally acceptable carrier
that provides for fire and extended coverage representing coverage described in
Sections 5.07 and 5.08;
(xii) A flood insurance policy is in effect with respect to each
Mortgaged Property with a generally acceptable carrier in an amount representing
coverage described in Sections 5.07 or 5.08, if and to the extent required by
such Section 5.07 or 5.08;
(xiii) Each Mortgage and Mortgage Note is the legal, valid and binding
obligation of the maker thereof and is enforceable in accordance with its terms,
except only as such enforcement may be limited by bankruptcy, insolvency,
reorganization, moratorium or other
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similar laws affecting the enforcement of creditors' rights generally and by
general principles of equity (whether considered in a proceeding or action in
equity or at law), and all parties to each Mortgage Loan had full legal capacity
to execute all Mortgage Loan documents and convey the estate therein purported
to be conveyed;
(xiv) The Depositor has caused or will cause to be performed any and
all acts required to be performed to preserve the rights and remedies of the
Trustee in any insurance policies applicable to the Mortgage Loans including,
without limitation, any necessary notifications of insurers, assignments of
policies or interests therein, and establishments of co-insured, joint loss
payee and mortgagee rights in favor of the Trustee;
(xv) The terms of the Mortgage Note and the Mortgage have not been
impaired, altered or modified in any material respect, except by a written
instrument which has been recorded or is in the process of being recorded, if
necessary, to protect the interest of the Certificateholders and which has been
or will be delivered to the Trustee or the Custodian. The substance of any such
alteration or modification is reflected on the related Mortgage Loan Schedule.
Each original Mortgage was recorded, and all subsequent assignments of the
original Mortgage have been recorded in the appropriate jurisdictions wherein
such recordation is necessary to perfect the lien thereof as against creditors
of the Depositor (or, subject to Section 2.04 above, are in the process of being
recorded, or are, in the Opinion of Counsel to the Depositor, not required to be
recorded);
(xvi) No instrument of release or waiver has been executed in
connection with the Mortgage Loan, and no Mortgagor has been released, in whole
or in part;
(xvii) There are no defaults in complying with the terms of the
Mortgage, and all taxes, governmental assessments, insurance premiums, water,
sewer and municipal charges, leasehold payments or ground rents which previously
became due and owing have been paid, or an escrow of funds has been established
in an amount sufficient to pay for every such item which remains unpaid and
which has been assessed but is not yet due and payable. Except for payments in
the nature of escrow payments, including without limitation, taxes and insurance
payments, the Servicer has not advanced funds, or induced, solicited or
knowingly received any advance of funds by a party other than the Mortgagor,
directly or indirectly, for the payment of any amount required by the Mortgage,
except for interest accruing from the date of the Mortgage Note or date of
disbursement of the Mortgage proceeds, whichever is greater, to the day which
precedes by one month the Due Date of the first installment of principal and
interest;
(xviii) There is no proceeding pending or threatened for the total or
partial condemnation of the Mortgaged Property, nor is such a proceeding
currently occurring, and such property is undamaged by waste, fire, earthquake
or earth movement, windstorm, flood, tornado or other casualty, so as to affect
adversely the value of the Mortgaged Property as security for the Mortgage Loan
or the use for which the premises were intended;
(xix) To the best of the Depositor's knowledge, all of the
improvements which were included for the purpose of determining the appraised
value of the Mortgaged Property
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lie wholly within the boundaries and building restriction lines of such
property, and no improvements on adjoining properties encroach upon the
Mortgaged Property;
(xx) To the best of the Depositor's knowledge, no improvement located
on or being part of the Mortgaged Property is in violation of any applicable
zoning law or regulation. To the best of the Depositor's knowledge, all
inspections, licenses and certificates required to be made or issued with
respect to all occupied portions of the Mortgaged Property and, with respect to
the use and occupancy of the same, including but not limited to certificates of
occupancy and fire underwriting certificates, have been made or obtained from
the appropriate authorities and the Mortgaged Property is lawfully occupied
under applicable law;
(xxi) The proceeds of the Mortgage Loan have been fully disbursed, and
there is no obligation on the part of the mortgagee to make future advances
thereunder. Any and all requirements as to completion of any on-site or off-site
improvements and as to disbursements of any escrow funds therefor have been
complied with. All costs, fees and expenses incurred in making or closing or
recording the Mortgage Loans were paid;
(xxii) Except with respect to certain of the Multifamily Loans, Mixed
Use Loans and Commercial Loans, the related Mortgage Note is not and has not
been secured by any collateral, pledged account or other security except the
lien of the corresponding Mortgage and, in the case of such Multifamily Loans,
Mixed Use Loans and Commercial Loans, the related Assignment of Leases and UCC
financing statements, if any;
(xxiii) There is no obligation on the part of the Depositor or any
other party to make payments in addition to those made by the Mortgagor;
(xxiv) Each Mortgage Loan is a Qualified Mortgage;
(xxv) With respect to each Mortgage constituting a deed of trust, a
trustee, duly qualified under applicable law to serve as such, has been properly
designated and currently so serves and is named in such Mortgage, and no fees or
expenses are or will become payable by the Certificateholders to the trustee
under the deed of trust, except in connection with a trustee's sale after
default by the Mortgagor;
(xxvi) No Mortgage Loan has a shared appreciation feature, or other
contingent interest feature. No Mortgage Loan provides for negative
amortization. Except with respect to Deferred Payment Loans, no Mortgage Loan
provides for deferred interest. No Group 2 Mortgage Loan requires or permits the
Mortgagor to convert the Mortgage Rate to a fixed rate;
(xxvii) All parties which have had any interest in the Mortgage Loan,
whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period
in which they held and disposed of such interest, were) (1) in compliance with
any and all applicable licensing requirements of the laws of the state wherein
the Mortgaged Property is located, and (2)(A) organized under the laws of such
state, or (B) qualified to do business in such state, or (C) federal
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savings and loan associations or national banks having principal offices in such
state, or (D) not doing business in such state so as to require qualification or
licensing;
(xxviii) The Mortgage contains a customary provision for the
acceleration of the payment of the unpaid principal balance of the Mortgage Loan
in the event the related Mortgaged Property is sold without the prior consent of
the mortgagee thereunder;
(xxix) Any future advances made prior to (and excluding) the Cut-off
Date have been consolidated with the outstanding principal amount secured by the
Mortgage, and the secured principal amount, as consolidated, bears a single
interest rate and single repayment term reflected on the related Mortgage Loan
Schedule. The consolidated principal amount does not exceed the original
principal amount of the Mortgage Loan. The Mortgage Note does not permit or
obligate the Servicer to make future advances to the Mortgagor at the option of
the Mortgagor;
(xxx) The related Mortgage contains customary and enforceable
provisions which render the rights and remedies of the holder thereof adequate
for the realization against the Mortgaged Property of the benefits of the
security, including, (a) in the case of a Mortgage designated as a deed of
trust, by trustee's sale, and (b) otherwise by judicial foreclosure. There is no
homestead or other exemption available to the Mortgagor which would materially
interfere with the right to sell the Mortgaged Property at a trustee's sale or
the right to foreclose the Mortgage except as set forth in the Prospectus;
(xxxi) There is no default, breach, violation or event of acceleration
existing under the Mortgage or the related Mortgage Note and no event which,
with the passage of time or with notice and the expiration of any grace or cure
period, would constitute a default, breach, violation or event of acceleration;
and neither the Servicer nor the Depositor has waived any default, breach,
violation or event of acceleration;
(xxxii) All parties to the Mortgage Note and the Mortgage had legal
capacity to execute the Mortgage Note and the Mortgage and each Mortgage Note
and Mortgage have been duly and properly executed by such parties;
(xxxiii) All amounts received after the Cut-off Date with respect to
the Mortgage Loans (other than the Depositor's Yield and amounts in respect of
interest accrued on the Mortgage Loans on or prior to the Cut-off Date) have
been deposited into the Principal and Interest Account and are, as of the
Closing Date, in the Principal and Interest Account;
(xxxiv) Each Mortgage Loan conforms, and all such Mortgage Loans in
the aggregate conform, to the description thereof set forth in the Prospectus;
(xxxv) The Mortgage Loans were not selected by the Depositor for
inclusion in the Trust Fund on any basis intended to adversely affect the Trust
Fund;
(xxxvi) A full appraisal was performed in connection with each
Mortgaged Property;
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(xxxvii) As of the Cut-off Date, the Depositor does not know or have
reason to know of any circumstances that would cause any Mortgagor to default
under its Mortgage Loan or the related Mortgage Note;
(xxxviii) As of the Cut-Off Date, with respect to any Mortgaged
Property, the Depositor has no actual knowledge that there exist any hazardous
substances, hazardous wastes or solid wastes, as such terms are defined in
CERCLA, or other federal, state or local environmental legislation; and
(xxxix) With respect to each Mortgaged Property subject to a land
trust (a "Land Trust Mortgage") (i) a trustee, duly qualified under applicable
law to serve as such, has been properly designated and currently so serves and
is named as such in the land trust agreement and such trustee is named in the
Land Trust Mortgage as Mortgagor; (ii) all fees and expenses of the land trustee
which have previously become due on owing have been paid and no fees or expenses
are or will become payable by the Certificateholders or the Trust to the land
trustee under the land trust agreement; (iii) the beneficiary is solely
obligated to pay any fees and expenses of the land trustee and the priority of
the lien of the Land Trust Mortgage is not and will not be primed by the land
trustee; (iv) if the Mortgaged Property is owner-occupied, the Mortgaged
Property is occupied by the beneficiary under the land trust agreement and, if
such land trust agreement terminates, the beneficiary will become the owner of
the Mortgaged Property; (v) the beneficiary is obligated to make payments under
the Note and will have personal liability for deficiency judgments to the extent
permitted by law; (vi) the Land Trust Mortgages were made in compliance with
their respective land trust agreements, were validly entered into by their
respective land trust trustee and did not, do not currently, and will not in the
future, violate any provision of their respective land trust agreement, nor any
agreement between or amongst the beneficiaries of any one land trust; (vii) the
Land Trust Mortgages are the first (or in the case of Group 1, first or second)
liens on the Mortgaged Properties; no liens are in place against the beneficial
interests, or any part thereof of any Land Trust Mortgage or collateral
assignment of beneficial interest, which liens are superior to the interest held
by the Seller; and the beneficial interest, or any part thereof, of any Land
Trust Mortgage or collateral assignment of beneficial interest has not been
pledged as security for any other debt; and the land trust trustee is forbidden,
pursuant to a written agreement between the land trust trustee and the
Mortgagee, from using the land trust property, or any part, as security for any
other debt until the expiration date of its respective Note; and (viii) the
terms and conditions of the land trust agreement do not prevent the free and
absolute marketability of the Mortgaged Property. As of the Cut-off Date, the
Principal Balance of Land Trust Mortgage Loans with related Mortgaged Properties
subject to land trusts does not exceed 20% of the Original Pool Principal
Balance.
(xl) As of the Cut-off Date, no more than 5% of the Original Pool
Principal Balance are Mortgaged Properties located in Maryland subject to ground
leases.
(xli) Each of the Manufactured Homes is a "single residence" which has
a minimum of 400 square feet of living space and a minimum width in excess of
102 inches and which is of a kind customarily used at a fixed location.
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(b) With respect to the Group 1 Mortgage Loans, the Depositor hereby
represents and warrants to the Trustee, the Certificate Insurer and the
Certificateholders, with respect to each Group 1 Initial Mortgage Loan, as of
the Closing Date, and with respect to each Group 1 Subsequent Mortgage Loan, as
of the related Subsequent Transfer Date the following, subject to Section
2.10(c) above and modified to the extent stated therein in the case of Group 1
Subsequent Mortgage Loans; provided, however, that in the case of the Subsequent
Mortgage Loans, reference to the "Original Group 1 Principal Balance" shall mean
the Original Group 1 Principal Balance plus the aggregate principal balance of
the Group 1 Subsequent Mortgage Loans as of the end of the Funding Period:
(i) The Mortgage Note related to each Mortgage Loan bears a fixed
Mortgage Rate;
(ii) Approximately 25.33% of the Original Group 1 Principal Balance
are balloon loans which provide for a final Monthly Payment substantially
greater than the preceding Monthly Payments. All of such balloon loans provide
for Monthly Payments based on a 30-year amortization schedule with a final
balloon payment at the end of the 15th year. Mortgage Loans constituting
approximately 21.76% of the Original Group 1 Principal Balance are Periodic
Payment Loans. Mortgage Loans constituting approximately 21.71% of the Original
Group 1 Principal Balance are Periodic Payment Loans the Mortgage Notes of which
provide that the related Mortgagors have the option at any time during the term
of the related Periodic Payment Loan, to use a limited number of payment
vouchers provided to them at origination in order to defer the payment of the
principal portion of the corresponding Periodic Payment and pay only the
interest portion due on such payment date. Each other Mortgage Note will provide
for a schedule of substantially equal Monthly Payments which are, if timely
paid, sufficient to fully amortize the principal balance of such Mortgage Note
on or before its maturity date.
(iii) Each Mortgage is a valid and subsisting first or second lien of
record on the Mortgaged Property subject, in the case of any second Mortgage
Loan, only to a First Lien on such Mortgaged Property and subject in all cases
to the exceptions to title set forth in the title insurance policy, with respect
to the related Mortgage Loan, which exceptions are generally acceptable to
second mortgage lending companies, and such other exceptions to which similar
properties are commonly subject and which do not individually, or in the
aggregate, materially and adversely affect the benefits of the security intended
to be provided by such Mortgage;
(iv) With respect to each Mortgage Loan secured by a second priority
lien, the related First Lien requires equal monthly payments, or if it bears an
adjustable interest rate, the monthly payments for the related First Lien may be
adjusted no more frequently than monthly; with respect to substantially all of
the Mortgage Loans secured by a second priority lien, at the time of the
origination of the Mortgage Loan the related First Lien was at least 12 months
old and at least 11 Monthly Payments had been made by the Mortgagor;
(v) Either (a) no consent for the Mortgage Loan is required by the
holder of the related First Lien or (b) such consent has been obtained and is
contained in the Mortgage File;
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(vi) With respect to any First Lien that provides for negative
amortization or deferred interest, the balance of such First Lien used to
calculate the CLTV for the Mortgage Loan is based on the maximum amount of
negative amortization or deferred interest possible under such First Lien;
(vii) The maturity date of each Mortgage Loan secured by a second
priority lien is prior to the maturity date of the related First Lien if such
First Lien provides for a balloon payment, except if the CLTV does not exceed
55%;
(viii) Approximately 75.76% of the Original Group 1 Principal Balance
was originated and underwritten by the Depositor and the remainder of the
Mortgage Loans were purchased and re-underwritten by the Depositor in accordance
with the underwriting criteria set forth in the Prospectus;
(ix) The Mortgage Rate as of the Cut-off Date is not less than
approximately 5.80% and not more than approximately 15.100%;
(x) As of the Cut-off Date, no payment on any Mortgage Loan is 30 days
or more delinquent (two or more payments missed). Four Mortgage Loans have been
30 days delinquent (two payments missed) on one occasion prior to the Cut-Off
Date; and
(xi) No more than approximately 0.63% of the Original Group 1
Principal Balance is secured by Mortgaged Properties located within any single
zip code area;
(xii) Approximately 91.30% of the Original Group 1 Principal Balance
is secured by Mortgaged Properties that are maintained by the Mortgagors as
primary residences or, in the case of Commercial Loans, their place of business,
approximately 0.36% of the Original Group 1 Principal Balance is secured by
Mortgaged Properties that are maintained by the Mortgagors as second homes, and
approximately 91.66% of the Original Group 1 Principal Balance is secured by
Owner-Occupied Mortgaged Property. Approximately 18.65% of the Original Group 1
Principal Balance is secured by investor properties; and
(xiii) Approximately 77.18% of the Original Group 1 Principal Balance
is secured by attached or detached one-family dwelling units (not including
Manufactured Homes). Approximately 2.39% of the Original Group 1 Principal
Balance is secured by units in condominiums. Approximately 2.89% of the Original
Group 1 Principal Balance is secured by Manufactured Homes. No more than
approximately 10.13% of the Original Group 1 Principal Balance is secured by
units in properties consisting of two- to four-family dwelling units.
Approximately 2.02% of the Original Group 1 Principal Balance is secured by
units in a planned unit development. Approximately 3.24% of the Original Group 1
Principal Balance is secured by Multifamily Properties, and no more than
approximately 1.76% of the Original Group 1 Principal Balance is secured by
Mixed Use Properties. No more than 0.39% of the Original Group 1 Principal
Balance is secured by Commercial Properties.
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(c) With respect to the Group 2 Mortgage Loans, the Depositor hereby
represents and warrants to the Trustee, the Certificate Insurer and the
Certificateholders, with respect to each Group 2 Initial Mortgage Loan, as of
the Closing Date, and with respect to each Group 2 Subsequent Mortgage Loan, as
of the related Subsequent Transfer Date the following, subject to Section
2.10(d) above and modified to the extent stated therein in the case of Group 2
Subsequent Mortgage Loans; provided, however, that in the case of the Subsequent
Mortgage Loans, reference to the "Original Group 2 Principal Balance" shall mean
the Original Group 2 Principal Balance plus the aggregate principal balance of
the Group 2 Subsequent Mortgage Loans as of the end of the Funding Period:
(i) None of the Mortgage Loans are balloon loans. Approximately 0.14%
of the Original Group 2 Principal Balance is subject to a One Year Treasury
Index and approximately 99.86% of the Original Group 2 Principal Balance is
subject to a Six-Month LIBOR Index. With respect to each Mortgage Loan on each
Adjustment Date, the Mortgage Rate will be adjusted to equal the related Index
plus the Gross Margin, rounded to the nearest 0.125%, subject to the related
Periodic Rate Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate.
Under each Mortgage Note, interest is payable in arrears. The Mortgage Loans
have a Mortgage Rate subject to annual or semiannual adjustment after an initial
six-month, twenty-four month or sixty month period. Each Mortgage Loan has an
original term to maturity from the date on which the first Monthly Payment is
due of 360 months;
(ii) Each Mortgage is a valid and subsisting first lien of record on
the Mortgaged Property subject in all cases to the exceptions to title set forth
in the title insurance policy, and such other exceptions to which similar
properties are commonly subject and which do not individually, or in the
aggregate, materially and adversely affect the benefits of the security intended
to be provided by such Mortgage;
(iii) With respect to each Mortgage Loan, no loan junior in lien
priority to such Mortgage Loan and secured by the related Mortgaged Property was
originated by the Depositor at the time of origination of such Mortgage Loan;
(iv) The Gross Margins on the Mortgage Loans range from approximately
3.500% to 10.000% and the weighted average Gross Margin as of the Cut-off Date
is approximately 6.7303%;
(v) Approximately 46.85% of the Original Group 2 Principal Balance
were originated and underwritten by the Depositor and the remainder of the
Mortgage Loans were purchased and re-underwritten by the Depositor in accordance
with the underwriting criteria set forth in the Prospectus;
(vi) The Mortgage Rates borne by the Mortgage Loans as of the Cut-off
Date range from 6.125% per annum to 13.875% and the weighted average Mortgage
Rate as of the Cut-off Date is 10.24394% per annum;
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(vii) Each Mortgage Loan that was originated on or after August 20,
1996, has an initial or next Adjustment Date no later than July 1, 2000;
(viii) Each Mortgage Loan bears interest based on a 360-day year
consisting of twelve 30-day months;
(ix) As of the Cut-off Date, no payment on any Mortgage Loan is 30
days or more delinquent (two or more payments missed). Four Mortgage Loans have
been 30 days delinquent (two payments missed) on one occasion prior to the
Cut-off Date;
(x) No more than approximately 0.99% of the Original Group 2 Principal
Balance is secured by Mortgaged Properties located within any single zip code
area;
(xi) 93.60% of the Original Group 2 Principal Balance is secured by
Mortgaged Properties that are maintained by the Mortgagors as primary
residences, 0.58% of the Group 2 Mortgage Loans are secured by Mortgaged
Properties that are maintained by the Mortgagors as second homes, and
approximately 94.18% of the Original Group 2 Principal Balance is secured by
Owner Occupied Mortgaged Property; and
(xii) Approximately 80.71% of the Original Group 2 Principal Balance
is secured by attached or detached one-family dwelling units (not including
Manufactured Homes). Approximately 1.97% of the Original Group 2 Principal
Balance is secured by units in condominiums. No more than approximately 11.91%
of the Original Group 2 Principal Balance is secured by units in properties
consisting of two- to four-family dwelling units. Approximately 2.57% of the
Original Group 2 Principal Balance is secured by units in planned unit
developments. Approximately 2.83% of the Original Group 2 Principal Balance is
secured by Manufactured Homes. Approximately 16.19% of the Original Group 2
Principal Balance is secured by investor properties. None of the Group 2
Mortgage Loans are secured by Multifamily Properties, Mixed Use Properties or
Commercial Properties.
Section 3.03 Purchase and Substitution.
It is understood and agreed that the representations and warranties set
forth in Sections 3.01 and 3.02 above with respect to the related Group shall
survive the transfer and assignment of the Mortgage Loans to the Trustee and
delivery of the Certificates to the Certificateholders. Upon discovery by the
Depositor, the Servicer, any Subservicer, the Custodian, the Trustee, the
Certificate Insurer or any Certificateholder of a breach of any of such
representations and warranties which materially and adversely affects the value
of the Mortgage Loans or the interest of the Certificateholders, or which
materially and adversely affects the interests of the Certificate Insurer or the
Certificateholders in the related Mortgage Loan in the case of a representation
and warranty relating to a particular Mortgage Loan (notwithstanding that such
representation and warranty was made to the Depositor's best knowledge), the
party discovering such breach shall give prompt written notice to the others.
The Depositor shall either (a) within 60 days of the earlier of its discovery or
its receipt of notice of any breach of a representation or warranty, promptly
cure such breach in all material respects, or (b) on the
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Determination Date next succeeding the end of the 60 day period described in
clause (a), either (1) purchase such Mortgage Loan, in the manner and at the
price specified in Section 2.05(b) above or (2) remove such Mortgage Loan from
the Trust Fund (in which case it shall become a Deleted Mortgage Loan) and
substitute one or more Qualified Substitute Mortgage Loans, provided such
substitution is effected not later than the date which is two years after the
Startup Day or at such later date, if the Depositor delivers to the Trustee and
the Certificate Insurer an Opinion of Counsel that such substitution would not
constitute a prohibited transaction under the REMIC Provisions or cause the
Trust Fund REMIC to fail to qualify as a REMIC at any time any Certificates are
outstanding. Any such substitution shall be accompanied by payment by the
Depositor of the Substitution Adjustment, if any, to be deposited in the related
Principal and Interest Account. For purposes of calculating the related
Available Remittance Amount for any Remittance Date, amounts paid by the
Depositor pursuant to this Section 3.03 in connection with the repurchase or
substitution of any Mortgage Loan that are on deposit in the related Principal
and Interest Account as of the Determination Date for such Remittance Date shall
be deemed to have been paid during the related Due Period and shall be
transferred to the related Certificate Account pursuant to Section 5.04(i) on
the Determination Date for such Remittance Date.
As to any Deleted Mortgage Loan for which the Depositor substitutes a
Qualified Substitute Mortgage Loan or Loans, the Servicer shall effect such
substitution by delivering to the Trustee a certification in the form attached
hereto as Exhibit I, executed by a Servicing Officer, and the documents
constituting the Trustee's Mortgage File for such Qualified Substitute Mortgage
Loan or Loans.
The Servicer shall deposit in the related Principal and Interest Account
all payments received in connection with such Qualified Substitute Mortgage Loan
or Loans after the date of such substitution. Monthly Payments received with
respect to Qualified Substitute Mortgage Loans on or before the date of
substitution will be retained by the Depositor. The Trust Fund will own all
payments received on the Deleted Mortgage Loan on or before the date of
substitution, and the Depositor shall thereafter be entitled to retain all
amounts subsequently received in respect of such Deleted Mortgage Loan. The
Servicer shall give written notice to the Trustee and the Certificate Insurer
that such substitution has taken place and shall amend the related Mortgage Loan
Schedule to reflect the removal of such Deleted Mortgage Loan from the terms of
this Agreement and the substitution of the Qualified Substitute Mortgage Loan.
The Servicer shall promptly deliver to the Trustee a copy of the related amended
Mortgage Loan Schedule. Upon such substitution, such Qualified Substitute
Mortgage Loan or Loans shall be subject to the terms of this Agreement in all
respects, and the Depositor shall be deemed to have made with respect to such
Qualified Substitute Mortgage Loan or Loans, as of the date of substitution, the
covenants, representations and warranties set forth in Sections 3.01 and 3.02
above. On the date of such substitution, the Depositor will remit to the
Servicer, and the Servicer will deposit into the related Principal and Interest
Account, an amount equal to the Substitution Adjustment, if any.
It is understood and agreed that the obligations of the Depositor set forth
in Sections 2.05 and 3.03 above to cure, purchase or substitute for a defective
Mortgage Loan as provided in such Sections 2.05 and 3.03 constitute the sole
remedies of the Trustee, the Certificate Insurer and the Certificateholders
respecting a breach of the representations and warranties.
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Any cause of action against the Depositor relating to or arising out of a
defect in a Trustee's Mortgage File as contemplated by Section 2.05 above or the
breach of any representations and warranties made in Sections 3.01 or 3.02
above shall accrue as to any Mortgage Loan upon (i) discovery of such defect or
breach by any party and notice thereof to the Depositor or notice thereof by the
Depositor to the Trustee, (ii) failure by the Depositor to cure such defect or
breach or purchase or substitute such Mortgage Loan as specified above, and
(iii) demand upon the Depositor by the Trustee for all amounts payable in
respect of such Mortgage Loan.
Notwithstanding any contrary provision of this Agreement, with respect to
any Mortgage Loan which is not in default or as to which no default is
reasonably foreseeable, no purchase or substitution pursuant to Section 2.05(b)
above or this Section 3.03 shall be made unless the Depositor provides to the
Trustee an Opinion of Counsel, addressed to the Trustee, to the effect that such
purchase or substitution would not (i) result in the imposition of taxes on
"prohibited transactions" of the Trust Fund REMIC, as defined in Section 860F of
the Code, or a tax on contributions to the Trust Fund REMIC, under the REMIC
Provisions, or (ii) cause the Trust Fund REMIC to fail to qualify as a REMIC at
any time that any Certificates are outstanding. Any Mortgage Loan as to which
purchase or substitution was delayed pursuant to this paragraph shall be
purchased or substituted (subject to compliance with such Sections 2.05 and
3.03) upon the earlier of (a) the occurrence of a default or imminent default
with respect to such loan and (b) receipt by the Trustee of an Opinion of
Counsel to the effect that such purchase or substitution will not result in any
of the events described in clauses (i) and (ii) of the preceding sentence. The
Trustee shall give prompt written notice to Moody's, S&P and the Certificate
Insurer of any repurchase or substitution made pursuant to this Section 3.03.
The Trustee shall have no duty to conduct any affirmative investigation
other than as specifically set forth in this Agreement as to the occurrence of
any condition requiring the repurchase or substitution of any Mortgage Loan
pursuant to this Section or the eligibility of any Mortgage Loan for purposes of
this Agreement, and may rely conclusively on any Opinion of Counsel delivered to
it under this Section 3.03.
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ARTICLE IV
THE CERTIFICATES
Section 4.01 The Certificates.
The Certificates shall be substantially in the form annexed hereto as
Exhibits B-1 through B-3, and shall, upon original issue, be executed (not in
its individual capacity, but solely as Trustee) and delivered by the Trustee to
the Certificate Registrar for authentication and delivery to or upon the order
of the Depositor, concurrently with the transfer and assignment to the Trustee
of the Mortgage Loans pursuant to Section 2.01 above. All Certificates shall be
issued in Authorized Denominations. So long as the Class 1A and Class 2A
Certificates are Book-Entry Certificates, each Class of such Certificates shall
be evidenced by one or more certificates representing the entire amount of the
related Original Class Principal Balance. All Certificates shall be executed and
authenticated by manual or facsimile signature on behalf of the Trust Fund by an
authorized officer of the Trustee and on behalf of the Certificate Registrar by
an authorized officer of the Certificate Registrar. Certificates bearing the
signatures of individuals who were at the time of the execution of the
Certificates the proper officers of the Trustee shall bind the Trust Fund,
notwithstanding that such individuals or any of them have ceased to hold such
offices prior to the delivery of such Certificates or did not hold such offices
at the date of such Certificates. All Certificates issued hereunder shall be
dated the date of their authentication.
Section 4.02 Registration of Transfer and Exchange of Certificates.
(a) The Trustee shall cause to be kept at its office in Chicago, Illinois,
or at its designated agent, a Certificate Register in which, subject to such
reasonable regulations as it may prescribe, it shall provide for the
registration of Certificates and of transfers and exchanges of Certificates as
herein provided. The Certificate Register shall contain the name, remittance
instructions, Class and Percentage Interest of each Certificateholder, as well
as the Series and the number in the Series. The Trustee hereby accepts
appointment as Certificate Registrar for the purpose of registering Certificates
and transfers and exchanges of Certificates as herein provided (the "Certificate
Registrar").
(b) The Class R Certificates have not been registered or qualified under
the Securities Act of 1933, as amended (the "1933 Act"), or any state securities
laws or "Blue Sky" laws. No transfer, sale, pledge or other disposition of any
Class R Certificate shall be made unless such disposition is made pursuant to an
effective registration statement under the 1933 Act and effective registration
or qualification under applicable state securities laws or "Blue Sky" laws, or
is made in a transaction which does not require such registration or
qualification. In the event that a transfer of a Class R Certificate is to be
made in reliance upon an exemption from the 1933 Act, the Trustee or the
Certificate Registrar shall require, in order to assure compliance with the 1933
Act, that the Certificateholder desiring to effect such disposition and such
Certificateholder's prospective transferee each certify to the Trustee or the
Certificate Registrar in writing the facts surrounding such disposition
substantially in the form of Exhibit D. In the event that such certification of
facts does not on its face establish the availability of an exemption under
the 1933
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Act, the Trustee may require an Opinion of Counsel satisfactory to it that such
transfer may be made pursuant to an exemption from the 1933 Act, which Opinion
of Counsel shall not be an expense of the Trustee or the Trust Fund. None of the
Servicer, the Depositor nor the Trustee are obligated under this Agreement to
register the Class R Certificates under the 1933 Act or any other securities law
or to take any action not otherwise required under this Agreement to permit the
transfer of such Certificates without such registration or qualification.
(c) Each Person who has or who acquires any Percentage Interest in a Class
R Certificate shall be deemed by the acceptance or acquisition of such
Percentage Interest to have agreed to be bound by the following provisions and
to have irrevocably appointed the Servicer or its designee as its
attorney-in-fact to negotiate the terms of any mandatory sale under clause (vi)
below and to execute all instruments of transfer and to do all other things
necessary in connection with any such sale, and the rights of each Person
acquiring any Percentage Interest in a Class R Certificate are expressly subject
to the following provisions:
(i) Each Person holding or acquiring any Percentage Interest in a
Class R Certificate shall be a Permitted Transferee and shall promptly
notify the Servicer and the Trustee of any change or impending change in
its status as a Permitted Transferee.
(ii) No Percentage Interest in a Class R Certificate may be
transferred (including any transfer to the initial holder) and the Trustee
shall not register the transfer of the Class R Certificate unless the
Trustee shall have been furnished with (A) an affidavit (a "Transfer
Affidavit") of the proposed transferee substantially in the form attached
hereto as Exhibit J and (B) a certificate (a "Transfer Certificate") of the
transferor substantially in the form attached hereto as Exhibit J-1 to the
effect that (1) such transferor has no actual knowledge that the proposed
transferee is not a Permitted Transferee and (2) no purpose of such
proposed transfer is to impede the assessment or collection of tax.
(iii) Each Person holding or acquiring any Percentage Interest in a
Class R Certificate shall agree (A) to require a Transfer Affidavit from
any other Person to whom such Person attempts to transfer its Percentage
Interest in a Class R Certificate, (B) to require a Transfer Affidavit from
any Person for whom such Person is acting as nominee, trustee or agent in
connection with any transfer of a Class R Certificate, (C) to deliver a
Transfer Certificate to the Trustee in connection with any such attempted
transfer and (D) not to transfer its Percentage Interest in a Class R
Certificate or to cause the transfer of a Percentage Interest in a Class R
Certificate to any other Person if it has actual knowledge that such Person
is not a Permitted Transferee or if any purpose of such transfer is to
impede the assessment or collection of tax.
(iv) Each Person holding or acquiring a Percentage Interest in a Class
R Certificate, by purchasing a Percentage Interest in such Certificate,
agrees to give the Trustee and the Depositor written notice that it is a
"pass-through interest holder" within the meaning of Temporary Treasury
Regulations Section 1.67-3T(a)(2)(i)(A) immediately upon acquiring a
Percentage Interest in a Class R Certificate, if it is, or is holding a
Percentage Interest in a Class R Certificate on behalf of, a "pass-through
interest holder."
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(v) Any attempted or purported transfer of any Percentage Interest in
a Class R Certificate in violation of the provisions of this Section 4.02
shall be absolutely null and void and shall vest no rights in the purported
transferee. If any purported transferee shall become a Holder of a Class R
Certificate in violation of the provisions of this Section 4.02, then the
last preceding Permitted Transferee shall be restored to all rights as
Holder thereof retroactive to the date of registration of transfer of such
Class R Certificate. The Trustee shall notify the Servicer upon receipt of
written notice or discovery by a Responsible Officer that the registration
of transfer of a Class R Certificate was not in fact permitted by this
Section 4.02. Knowledge shall not be imputed to the Trustee with respect to
an impermissible transfer in the absence of such a written notice or
discovery by a Responsible Officer. The Trustee shall be under no liability
to any Person for any registration of transfer of a Class R Certificate
that is in fact not permitted by this Section 4.02 or for making any
payments due on such Certificate to the Holder thereof or taking any other
action with respect to such Holder under the provisions of this Agreement
so long as the transfer was registered after receipt of the related
Transfer Affidavit and Transfer Certificate. The Trustee shall be entitled,
but not obligated to, recover from any Holder of a Class R Certificate that
was in fact not a Permitted Transferee at the time it became a Holder or,
at such subsequent time as it became other than a Permitted Transferee, all
payments made on such Class R Certificate at and after either such time.
Any such payments so recovered by the Trustee shall be paid and delivered
by the Trustee to the last preceding Holder of such Certificate.
(vi) If any purported transferee shall become a Holder of a Class R
Certificate in violation of the restrictions in this Section 4.02, then the
Servicer or its designee shall have the right, without notice to the Holder
or any prior Holder of such Class R Certificate, to sell such Class R
Certificate to a purchaser selected by the Servicer or its designee on such
reasonable terms as the Servicer or its designee may choose. Such purchaser
may be the Servicer itself or any Affiliate of the Servicer. The proceeds
of such sale, net of commissions, expenses and taxes due, if any, will be
remitted by the Servicer to the last preceding purported transferee of such
Class R Certificate, except that in the event that the Servicer determines
that the Holder or any prior Holder of such Class R Certificate may be
liable for any amount due under this Section 4.02 or any other provision of
this Agreement, the Servicer may withhold a corresponding amount from such
remittance as security for such claim. The terms and conditions of any sale
under this clause (vi) shall be determined in the sole discretion of the
Servicer or its designee, and it shall not be liable to any Person having a
Percentage Interest in a Class R Certificate as a result of its exercise of
such discretion.
(vii) The Servicer, on behalf of the Trustee, shall make available,
upon written request from the Trustee, all information necessary to compute
any tax imposed (A) as a result of the Transfer of a Percentage Interest in
a Class R Certificate to any Person who is a Disqualified Organization,
including the information regarding "excess inclusions" of such Class R
Certificates required to be provided to the Internal Revenue Service and
certain Persons as described in Treasury Regulations Sections
1.860D-1(b)(5) and 1.860E-2(a)(5), and (B) as a result of any regulated
investment company, real estate
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investment trust, common trust fund, partnership, trust, estate or
organization described in Section 1381 of the Code that holds a Percentage
Interest in a Class R Certificate having as among its record holders at any
time any Person who is a Disqualified Organization. Reasonable compensation
for providing such information may be required by the Servicer from such
Person.
Transfers of the Class R Certificates to Persons other than Permitted
Transferees are prohibited.
Transfers of Class R Certificates to a Plan, to a trustee or other person
acting on behalf of any Plan, or to any other person using the assets of any
Plan will not be registered by the Trustee unless the transferee provides the
Depositor, the Trustee and the Servicer with an opinion of counsel satisfactory
to the Depositor, the Trustee and the Servicer, which opinion will not be at the
expense of the Depositor, the Trustee or the Servicer, that the purchase of such
Certificates by or on behalf of such Plan is permissible under applicable law,
will not constitute or result in a non-exempt prohibited transaction under ERISA
or Section 4975 of the Code and will not subject the Depositor, the Trustee or
the Servicer to any obligation in addition to those undertaken in this
Agreement. In lieu of such opinion of counsel, the transferee may provide a
certification substantially to the effect that the purchase of Class R
Certificates by or on behalf of such Plan is permissible under applicable law,
will not subject the Depositor, the Trustee or the Servicer to any obligation in
addition to those undertaken in this Agreement, and the following statements are
correct: (i) the transferee is an insurance company and the source of funds used
to purchase such Class R Certificates is an "insurance company general account"
(as such term is defined in Prohibited Transaction Class Exemption ("PTCE")
95-60), (ii) the conditions set forth in Sections I and III of PTCE 95-60 have
been satisfied and (iii) there is no Plan with respect to which the amount of
such general accounts reserves and liabilities for contracts held by or on
behalf of such Plan and all other Plans maintained by the same employer (or any
"affiliate" thereof, as defined in PTCE 95-60) or by the same employee
organization exceed 10% of the total of all reserves and liabilities of such
general account (as determined under PTCE 95-60) as of the date of the
acquisition of such Class R Certificates.
None of (i) the Trust Fund, (ii) the Servicer, (iii) the Depositor or (iv)
any Subservicer shall be a Class A Certificateholder. Any attempted or purported
transfer in violation of the preceding sentence shall be absolutely null and
void and shall vest no rights in the purported transferee. If any purported
transferee shall become a Holder of a Class A Certificate in violation of such
sentence, then the last preceding Holder shall be restored to all rights as
Holder thereof retroactive to the date of registration of transfer of such
Certificate. The Trustee shall notify the Servicer of any transfer in violation
of this paragraph upon receipt of written notice thereof. The Trustee shall be
under no liability to any Person for any registration of transfer of a Class A
Certificate not permitted by this paragraph or for making any payments due on
such Certificate to the Holder thereof or taking any other action with respect
to such Holder under the provisions of this Agreement so long as the transfer
was registered without such receipt. The Trustee shall be entitled, but not
obligated, to recover from any Holder of a Class A Certificate that was in fact
not a permitted Holder under this paragraph, all payments made on such
Certificate at and after
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such time. Any such payments so recovered by the Trustee shall be paid and
delivered by the Trustee to the last preceding Holder of such Certificate.
Subject to the preceding paragraphs, upon surrender for registration of
transfer of any Certificate at the Chicago, Illinois office of the Trustee (or
at the office of the designated Certificate Registrar), the Trustee shall
execute, authenticate and deliver in the name of the designated transferee or
transferees, a new Certificate of the same Class and Percentage Interest and
dated the date of authentication by the Trustee. The Certificate Registrar shall
notify the Servicer of any such transfer.
At the option of the Certificateholders, Certificates may be exchanged for
other Certificates of Authorized Denominations of a like Class and aggregate
Percentage Interest, upon surrender of the Certificates to be exchanged at such
office. Whenever any Certificates are so surrendered for exchange, the Trustee
shall execute, authenticate and deliver the Certificates which the
Certificateholder making the exchange is entitled to receive. Every Certificate
presented or surrendered for registration of transfer or exchange shall be
accompanied by a written instrument of transfer substantially in the form
attached hereto as Exhibit E, or such other endorsement or written instrument of
transfer as is satisfactory to the Trustee, duly executed by the Holder thereof
or his attorney duly authorized in writing, together with wiring instructions,
if applicable, in the form attached hereto as Exhibit E(1).
No service charge shall be made for any registration of transfer or
exchange of Certificates, but the Certificate Registrar may require payment of a
sum sufficient to cover any tax or governmental charge that may be imposed in
connection with any transfer or exchange of Certificates.
All Certificates surrendered for registration of transfer and exchange
shall be marked "cancelled" by the Trustee.
(d) Except as provided in paragraph (e) below, the Book-Entry Certificates
shall at all times remain registered in the name of the Depository or its
nominee and at all times: (i) registration of the Class A Certificates may not
be transferred by the Trustee except to another Depository; (ii) the Depository
shall maintain book-entry records with respect to the Certificate Owners and
with respect to ownership and transfers of such Class A Certificates; (iii)
ownership and transfers of the Class A Certificates on the books of the
Depository shall be governed by applicable rules established by the Depository;
(iv) the Depository may collect its usual and customary fees, charges and
expenses from its Depository Participants; (v) the Trustee shall deal only with
the Depository for purposes of exercising the rights of Holders of Class A
Certificates under this Agreement.
All transfers by Certificate Owners of Book-Entry Certificates shall be
made in accordance with the procedures established by the Depository Participant
or brokerage firm representing such Certificate Owner. Each Depository
Participant shall only transfer Book-Entry Certificates of Certificate Owners it
represents or of brokerage firms for which it acts as agent in accordance with
the Depository's normal procedures.
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(e) If (x)(i) the Servicer advises the Trustee in writing that the
Depository is no longer willing or able to properly discharge its
responsibilities as Depository, and (ii) the Servicer is unable to locate a
qualified successor, (y) the Servicer at its option may advise the Trustee in
writing that it elects to terminate the book-entry system through the Depository
or (z) after the occurrence of an Event of Default, the aggregate of the
Majority Certificateholders of the Group(s) affected by such Event of Default
may advise the Trustee in writing that the continuation of a book-entry system
through the Depository, to the exclusion of Definitive Certificates, is no
longer in the best interests of the related Certificate Owners, the Trustee
shall notify all of the related Certificate Owners, through the Depository, of
the occurrence of any such event and of the availability of definitive, fully
registered Class 1A or Class 2A Certificates (the "Definitive Certificates"), as
the case may be, to the Certificate Owners requesting the same. Upon surrender
to the Trustee of the related Class A Certificates by the Depository,
accompanied by registration instructions from the Depository for registration of
transfer, the Trustee shall issue the Definitive Certificates. Neither the
Servicer nor the Trustee shall be liable for any delay in delivery of such
instructions and may conclusively rely on, and shall be protected in relying on,
such instructions. Upon the issuance of Definitive Certificates all references
herein to obligations imposed upon or to be performed by the Depository shall be
deemed to be imposed upon and performed by the Trustee to the extent applicable
with respect to such Definitive Certificates and the Trustee shall recognize the
Holders of the Definitive Certificates as Certificateholders hereunder.
Section 4.03 Mutilated, Destroyed, Lost or Stolen Certificates.
If (i) any mutilated Certificate is surrendered to the Certificate
Registrar, or the Trustee receives evidence to its satisfaction of the
destruction, loss or theft of any Certificate, and (ii) there is delivered to
the Trustee and the Certificate Registrar such security or indemnity as may
reasonably be required by each of them to save each of them harmless, then, in
the absence of notice to the Servicer, the Trustee and the Certificate Registrar
that such Certificate has been acquired by a bona fide purchaser, upon receipt
of written notice from the Servicer that it has received adequate security or
indemnity and no notice that such Certificate has been acquired by a bona fide
purchaser, the Trustee shall execute, deliver and authenticate, in exchange for
or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new
Certificate of like tenor, Class and Percentage Interest, but bearing a number
not contemporaneously outstanding. Upon the issuance of any new Certificate
under this Section 4.03, the Servicer and the Trustee may require the payment of
a sum sufficient to cover any tax or other governmental charge that may be
imposed in relation thereto and any other expenses connected therewith. Any
duplicate Certificate issued pursuant to this Section 4.03 shall constitute
complete and indefeasible evidence of ownership in the Trust Fund, as if
originally issued, whether or not the mutilated, destroyed, lost or stolen
Certificate shall be found at any time.
Section 4.04 Persons Deemed Owners.
Prior to due presentation of a Certificate for registration of transfer,
the Servicer, the Depositor, the Trustee and the Certificate Registrar may treat
the Person in whose name any Certificate is registered as the owner of such
Certificate for the purpose of receiving remittances
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pursuant to Section 6.06 and for all other purposes whatsoever, and the
Depositor, the Servicer, the Trustee and the Certificate Registrar shall not be
affected by notice to the contrary.
Section 4.05 Information Reports to be Filed by the Servicer.
The Servicer or the Subservicers shall file the information reports with
respect to the receipt of mortgage interest received in a trade or business,
foreclosures and abandonments of any Mortgaged Property and the information
returns relating to cancellation of indebtedness income with respect to any
Mortgaged Property required by Sections 6050H, 6050J and 6050P of the Code,
respectively, and deliver to the Trustee an Officers' Certificate stating that
such reports and returns have been filed. Such reports and returns shall be in
form and substance sufficient to meet the reporting requirements imposed by such
Sections 6050H, 6050J and 6050P of the Code.
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ARTICLE V
ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Section 5.01 Duties of the Servicer.
(a) The Servicer, as independent contract servicer, shall service and
administer the Mortgage Loans and shall have full power and authority, acting
alone, to do any and all things in connection with such servicing and
administration which the Servicer may deem necessary or desirable and consistent
with the terms of this Agreement. The Servicer may enter into Sub servicing
Agreements for any servicing and administration of Mortgage Loans with any
institution which is in compliance with the laws of each state necessary to
enable it to perform its obligations under such Subservicing Agreement and (x)
has been designated an approved seller-servicer by FHLMC or FNMA for first and
second mortgage loans with respect to Group 1, and for first mortgage loans with
respect to Group 2 or (y) is an Affiliate of the Servicer. The Servicer shall
give written notice to the Certificate Insurer and the Trustee of the
appointment of any Subservicer. Any such Subservicing Agreement shall be
consistent with and not violate the provisions of this Agreement. The Servicer
shall be entitled to terminate any Subservicing Agreement in accordance with the
terms and conditions of such Subservicing Agreement and to either itself
directly service the related Mortgage Loans or enter into a Subservicing
Agreement with a successor subservicer which qualifies hereunder.
(b) Notwithstanding any Subservicing Agreement, any of the provisions of
this Agreement relating to agreements or arrangements between the Servicer and
Subservicer or reference to actions taken through a Subservicer or otherwise,
the Servicer shall remain obligated and primarily liable to the Trustee and
Certificateholders for the servicing and administering of the Mortgage Loans in
accordance with the provisions of this Agreement without diminution of such
obligation or liability by virtue of such Subservicing Agreements or
arrangements or by virtue of indemnification from the Subservicer and to the
same extent and under the same terms and conditions as if the Servicer alone
were servicing and administering the Mortgage Loans. For purposes of this
Agreement, the Servicer shall be deemed to have received payments on Mortgage
Loans when the Subservicer has received such payments. The Servicer shall be
entitled to enter into any agreement with a Subservicer for indemnification of
the Servicer by such Subservicer, and nothing contained in this Agreement shall
be deemed to limit or modify such indemnification.
With respect to any Mortgage Note released by the Trustee to the Servicer
or to any Subservicer in accordance with the terms of this Agreement, other than
a release or satisfaction pursuant to Section 7.02, prior to such release, the
Trustee or, if a Custodian has been appointed pursuant to Section 12.12, the
Custodian shall (a) complete all endorsements in blank so that the endorsement
reads "Pay to the order of LaSalle National Bank, as Trustee under the Pooling
and Servicing Agreement, dated as of June 1, 1998, Series 1998-2" and (b)
complete a restrictive endorsement that reads "LaSalle National Bank is the
holder of the mortgage note for the benefit of the Certificateholders under the
Pooling and Servicing Agreement, dated as of June 1, 1998, Series 1998-2" with
respect to those Mortgage Notes currently endorsed "Pay to the order of holder",
if any.
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(c) Any Subservicing Agreement that may be entered into and any
transactions or services relating to the Mortgage Loans involving a Subservicer
in its capacity as such and not as an originator shall be deemed to be between
the Subservicer and the Servicer alone, and the Trustee, the Certificate Insurer
and Certificateholders shall not be deemed parties thereto and shall have no
claims, rights, obligations, duties or liabilities with respect to the
Subservicer except as set forth in Section 5.01(d).
(d) In the event the Servicer shall for any reason no longer be the
Servicer (including by reason of an Event of Default), the Trustee or its
designee shall, subject to Section 10.02, thereupon assume all of the rights and
obligations of the Servicer under each Subservicing Agreement that the Servicer
may have entered into, unless the Trustee elects to terminate any Subservicing
Agreement in accordance with its terms. The Trustee, its designee or the
successor servicer for the Trustee shall be deemed to have assumed all of the
Servicer's interest therein and to have replaced the Servicer as a party to each
Subservicing Agreement to the same extent as if the Subservicing Agreements had
been assigned to the assuming party, except that the Trustee (or its designee)
shall have no liability or obligations under any Subservicing Agreements with
respect to any period prior to becoming the new Servicer, whether for acts or
omissions of the Servicer or otherwise, and the Servicer shall not by virtue of
such replacement be relieved of any such liability or obligations under the
Subservicing Agreements. The Servicer at its expense and without right of
reimbursement therefor, shall, upon request of the Trustee, deliver to the
assuming party all documents and records relating to each Subservicing Agreement
and the Mortgage Loans then being serviced and an accounting of amounts
collected and held by it and otherwise use its best efforts to effect the
orderly and efficient transfer of the Subservicing Agreements to the assuming
party.
(e) Consistent with the terms of this Agreement, the Servicer may waive,
modify or vary any term of any Mortgage Loan or consent to the postponement of
strict compliance with any such term or in any manner grant indulgence to any
Mortgagor if in the Servicer's determination such waiver, modification,
postponement or indulgence is not materially adverse to the interests of the
Certificateholders and the Certificate Insurer, provided, however,
notwithstanding any provision of this Agreement to the contrary, the Servicer
shall not consent to, make or permit (i) any modification with respect to any
Mortgage Loan that would change the Mortgage Rate, reduce or increase the
principal balance (except for reductions resulting from actual payments of
principal) or change the final maturity date on such Mortgage Loan unless (A)
the related Mortgagor is in default with respect to the Mortgage Loan or, in the
judgment of the Servicer, such default is reasonably foreseeable and (B) in the
sole judgment of the Servicer such modification would increase the proceeds of
such Mortgage Loan and (C) the Certificate Insurer has consented to such
modification, or (ii) any modification, waiver or amendment of any term of any
Mortgage Loan that would both (A) effect an exchange or reissuance of such
Mortgage Loan under Section 1001 of the Code (or Treasury regulations,
promulgated thereunder) and (B) cause the Trust Fund REMIC to fail to qualify as
a REMIC under the Code or the imposition of any tax on "prohibited transactions"
or "contributions after the startup date" under the REMIC Provisions. No costs
incurred by the Servicer or any Subservicer in respect of Servicing Advances
shall for the purposes of distributions to Certificateholders be added to the
amount owing under the related Mortgage Loan. Without limiting the generality of
the foregoing, and subject to the
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consent of the Certificate Insurer, the Servicer shall continue, and is hereby
authorized and empowered to execute and deliver on behalf of the Trustee and
each Certificateholder, all instruments of satisfaction or cancellation, or of
partial or full release, discharge and all other comparable instruments, with
respect to the Mortgage Loans and with respect to the Mortgaged Properties. If
reasonably required by the Servicer, the Trustee shall furnish the Servicer with
any powers of attorney and other documents necessary or appropriate to enable
the Servicer to carry out its servicing and administrative duties under this
Agreement.
Notwithstanding anything to the contrary contained herein, the Servicer, in
servicing and administering the Mortgage Loans, shall employ or cause to be
employed procedures (including collection, foreclosure, REO Property management
procedures and the making of Servicing Advances) and exercise the same care that
it customarily employs and exercises in servicing and administering mortgage
loans for its own account, in accordance with accepted first and second mortgage
servicing practices of prudent lending institutions with respect to Group 1, and
in accordance with accepted first mortgage servicing practices of prudent
lending institutions with respect to Group 2, and giving due consideration to
the Certificate Insurer's and the Certificateholders reliance on the Servicer.
(f) On and after such time as the Trustee receives the resignation of, or
notice of the removal of, the Servicer from its rights and obligations hereunder
with respect to a Group, and with respect to resignation pursuant to Section
9.04, after receipt of the Opinion of Counsel required pursuant to such Section
9.04, the Trustee or its designee shall assume all of the rights and obligations
of the Servicer hereunder with respect to such Group, subject to Section 10.02.
The Servicer shall, upon request of the Trustee but at the expense of the
Servicer, deliver to the Trustee all documents and records relating to the
related Mortgage Loans and an accounting of amounts collected and held by the
Servicer and otherwise use its best efforts to effect the orderly and efficient
transfer of servicing rights with respect to such Group and obligations to the
assuming party.
Section 5.02 Liquidation of Mortgage Loans.
In the event that any payment due under any Mortgage Loan and not postponed
pursuant to Section 5.01 above is not paid when the same becomes due and
payable, or in the event the Mortgagor fails to perform any other covenant or
obligation under the Mortgage Loan and such failure continues beyond any
applicable grace period, the Servicer shall take such action as it shall deem to
be in the best interest of the Certificate Insurer and the Certificateholders.
The Servicer shall foreclose upon or otherwise comparably effect the ownership
in the name of the Trustee for the benefit of the Certificateholders on behalf
of the Certificateholders of Mortgaged Properties relating to defaulted Mortgage
Loans as to which no satisfactory arrangements can be made for collection of
delinquent payments in accordance with the provisions of Section 5.10, provided,
however, that the Servicer shall not be obligated to foreclose in the event that
the Servicer, in its good faith reasonable judgment, determines that it would
not be in the best interests of Certificateholders or the Certificate Insurer,
which judgment shall be evidenced by an Officer's Certificate delivered to the
Trustee and the Certificate Insurer. In connection with such foreclosure or
other conversion, the Servicer shall exercise collection and foreclosure
procedures
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with the same degree of care and skill in its exercise or use as it would
exercise or use under the circumstances in the conduct of its own affairs. Any
amounts advanced in connection with such foreclosure or other action shall
constitute Servicing Advances.
After a Mortgage Loan has become a Liquidated Mortgage Loan, the Servicer
shall promptly prepare and forward to the Trustee and the Certificate Insurer
and, upon request, any Certificateholder, a Liquidation Report certified by a
Responsible Officer, in the form attached hereto as Exhibit M, detailing the
Liquidation Proceeds received from the Liquidated Mortgage Loan, expenses
incurred with respect thereto, and any loss incurred in connection therewith.
Section 5.03 Establishment of Principal and Interest Accounts; Deposits in
Principal and Interest Accounts.
With respect to each Group, the Servicer shall cause to be established and
initially maintained with the Trustee one or more Principal and Interest
Accounts, which shall be Eligible Accounts, titled, with respect to Group 1,
"Group 1 Principal and Interest Account, Superior Bank FSB, in trust for the
registered holders of AFC Mortgage Loan Asset Backed Certificates, Series
1998-2" and with respect to Group 2, "Group 2 Principal and Interest Account,
Superior Bank FSB, in trust for the registered holders of AFC Mortgage Loan
Asset Backed Certificates, Series 1998-2." Subsequent to the Closing Date, the
Servicer may transfer the related Principal and Interest Account to another
institution, provided that each Principal and Interest Account shall be an
Eligible Account and all amounts therein shall be invested only in Permitted
Instruments. The creation of any Principal and Interest Account shall be
evidenced by a letter agreement in the form of Exhibit C. A copy of such letter
agreement shall be furnished on the Closing Date to the Trustee, the Certificate
Insurer and, upon request, any Certificateholder. With respect to each Group,
the Servicer shall deposit (without duplication) the following amounts with
respect to such Group within one (1) Business Day of receipt of good funds in
the related Principal and Interest Account and retain therein:
(i) all payments due after the Cut-off Date with respect to the
Initial Mortgage Loans or after a Subsequent Cut-off Date with respect to
the Subsequent Mortgage Loans on account of principal on the Mortgage Loans
and all Excess Payments, Principal Prepayments and Curtailments received
after the Cut-off Date, or after the Subsequent Cut-off Date, as the case
may be, and other than the Depositor's Yield;
(ii) all payments due after the Cut-off Date with respect to the
Initial Mortgage Loans, or after a Subsequent Cut-off Date with respect to
the Subsequent Mortgage Loans, on account of interest on the Mortgage
Loans;
(iii) all Net Liquidation Proceeds;
(iv) all Insurance Proceeds;
(v) all Released Mortgaged Property Proceeds;
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(vi) any amounts payable in connection with the repurchase of any
Mortgage Loan and the amount of any Substitution Adjustment pursuant to
Sections 2.05 and 3.03 above; and
(vii) any amount required to be deposited in the related Principal and
Interest Account pursuant to Section 5.04 or 11.01.
The foregoing requirements for deposit in the related Principal and
Interest Account shall be exclusive; it being understood and agreed that,
without limiting the generality of the foregoing, the Depositor's Yield, the
Servicing Fee with respect to each Mortgage Loan, late payment charges and
assumption fees, to the extent permitted by Sections 7.01 and 7.03, and Excess
Proceeds need not be deposited by the Servicer in the related Principal and
Interest Account. Any interest earnings on funds held in the related Principal
and Interest Account shall be for the account of the Servicer and may only be
withdrawn from the related Principal and Interest Account by the Servicer
immediately following its monthly remittance of the Available Remittance Amount
to the Trustee. Any reference herein to amounts on deposit in the related
Principal and Interest Account shall refer to amounts net of such investment
earnings.
Section 5.04 Permitted Withdrawals From the Principal and Interest
Account.
With respect to each Group, the Servicer shall withdraw or cause to be
withdrawn funds from the related Principal and Interest Account for the
following purposes:
(i) to effect the remittance to the Trustee on the Determination Date of
the Excess Spread and the amounts set forth in clause (i) of the
definition of Available Remittance Amount. For the purposes of this
Section 5.04(i), the calculation of the Available Remittance Amount
shall be made without reference to the actual deposit of funds in
the related Certificate Account;
(ii) to reimburse itself for any accrued unpaid Servicing Fees,
unreimbursed Monthly Advances and unreimbursed Servicing Advances
and any amount described in Section 6.13(b) or Section 6.13(c)
deposited in the related Certificate Account and attributable to the
conveyance to the Trustee of a Subsequent Mortgage Loan that does
not have a payment date during the related Due Period, if the
Servicer is the Depositor. The Servicer's right to reimbursement for
accrued and unpaid Servicing Fees and unreimbursed Servicing
Advances shall be limited to late collections on the related
Mortgage Loan, including Liquidation Proceeds, Released Mortgaged
Property Proceeds, Insurance Proceeds and such other amounts as may
be collected by the Servicer from the related Mortgagor with respect
to a Group or otherwise relating to the Mortgage Loan in respect of
which such unreimbursed amounts are owed (including amounts paid by
the Depositor in connection with the purchase or substitution of
Mortgage Loans pursuant to Section 2.05 or 3.03 above). The
Servicer's right to reimbursement for unreimbursed Monthly Advances
and amounts described in Section 6.13(b) or Section 6.13(c) (if the
Servicer is the Depositor) shall be limited to collections of
interest on any
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Mortgage Loan; provided that the Servicer shall not be entitled to
reimbursement from Liquidation Proceeds for Monthly Advances made
pursuant to Section 6.09(c) or Section 6.09(d), or for amounts
deposited in the related Certificate Account pursuant to Section
6.13(b) or Section 6.13(c) and attributable to the conveyance to the
Trustee of a Subsequent Mortgage Loan that does not have a payment
date during the related Due Period. It is understood that the
Servicer's right to reimbursement pursuant hereto shall be senior to
the rights of Certificateholders unless the Depositor or any of its
affiliates is the Servicer and the Depositor is required to
repurchase or substitute a Mortgage Loan pursuant to Section 2.05 or
3.03 above, in which case the Servicer's right to such reimbursement
shall be subordinate to the rights of Certificateholders to receive
the purchase price or substitution adjustment pursuant to such
Sections 2.05 and 3.03;
(iii) to withdraw any amount received from a Mortgagor that is recoverable
and sought to be recovered as a Preference Amount by a trustee in
bankruptcy pursuant to the United States Bankruptcy Code in
accordance with a final, nonappealable order of a court having
competent jurisdiction;
(iv) (a) to make investments in Permitted Instruments and (b) to pay to
itself interest earned in respect of Permitted Instruments or on
funds deposited in the related Principal and Interest Account;
(v) to withdraw any funds deposited in the related Principal and
Interest Account that were not required to be deposited therein
(such as Servicing Compensation) or were deposited therein in error;
(vi) to pay itself Servicing Compensation pursuant to Section 7.03 to the
extent not retained or paid pursuant to Section 5.03 or 5.04(ii);
(vii) to withdraw funds necessary for the conservation and disposition of
REO Property pursuant to the third paragraph of Section 5.10;
(viii) to remit to the Trustee any amount which was deposited by the
Certificate Insurer pursuant to Section 11.01 to cover unpaid fees
and expenses of the Trustee; and
(ix) to clear and terminate the related Principal and Interest Account
upon the termination of this Agreement with any amounts on deposit
therein being paid to the Servicer and/or the Depositor to the
extent of any Reimbursable Amounts and the remainder to the Class R
Certificateholders.
So long as no Event of Default shall have occurred and be continuing, and
consistent with any requirements of the Code, the funds held in the related
Principal and Interest Account may be invested by the Servicer (to the extent
practicable) in Permitted Instruments, as directed in writing to the Trustee by
the Servicer. In either case, funds in the related Principal and
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Interest Account must be available for withdrawal without penalty, and any
Permitted Instruments must mature not later than the Business Day immediately
preceding the Determination Date next following the date of such investment
(except that if such Permitted Instrument is an obligation of the institution
that maintains the related Principal and Interest Account, then such Permitted
Instrument shall mature not later than such Determination Date) and shall not be
sold or disposed of prior to its maturity. All Permitted Instruments in which
funds in the related Principal and Interest Account are invested must be held by
or registered in the name of "Superior Bank FSB, in trust for the registered
holders of AFC Mortgage Loan Asset Backed Certificates, Series 1998- 2." All
interest or other earnings from funds on deposit in the related Principal and
Interest Account (or any Permitted Instruments thereof) shall be the exclusive
property of the Servicer, and may be withdrawn from the related Principal and
Interest Account pursuant to clause (iv) above and the penultimate sentence of
Section 5.03 above. The amount of any losses incurred in connection with the
investment of funds in the related Principal and Interest Account in Permitted
Instruments shall be deposited in the related Principal and Interest Account by
the Servicer from its own funds immediately as realized without reimbursement
therefor.
Section 5.05 Payment of Property Taxes, Insurance and Other Charges.
With respect to each Mortgage Loan, the Servicer shall maintain accurate
records reflecting fire and hazard insurance coverage.
With respect to each Mortgage Loan as to which the Servicer maintains
escrow accounts, the Servicer shall maintain accurate records reflecting the
status of ground rents, real estate taxes and assessments, water rates and other
charges which are or may become a lien upon the Mortgaged Property and the
status of primary mortgage guaranty insurance premiums, if any, and fire and
hazard insurance coverage and shall obtain, from time to time, all bills for the
payment of such charges (including renewal premiums) and shall effect payment
thereof prior to the applicable penalty or termination date and at a time
appropriate for securing maximum discounts allowable, employing for such purpose
deposits of the Mortgagor in any escrow account which shall have been estimated
and accumulated by the Servicer in amounts sufficient for such purposes, as
allowed under the terms of the Mortgage. To the extent that a Mortgage does not
provide for escrow payments, the Servicer shall monitor such payments to
determine if they are made by the Mortgagor. Any out-of-pocket expenses incurred
by the Servicer pursuant to this Section 5.05, including without limitation any
advances of such payments, shall constitute Servicing Advances.
Section 5.06 Transfer of Accounts; Monthly Statements.
Notwithstanding Section 5.03 above, the Principal and Interest Accounts and
each of the other Accounts other than the Pre-Funding Accounts shall be
established, as of the Closing Date, with the Trustee as Eligible Accounts
pursuant to clause (B) of the definition thereof. The Pre-Funding Accounts shall
be established, as of the Closing Date, as Eligible Accounts pursuant to clause
(A) of the definition thereof. The Principal and Interest Accounts and each of
the Accounts or any of them may, upon written notice to the Trustee and the
Certificate Insurer, be transferred to a different depository institution so
long as such transfer is to an Eligible Account.
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The Certificate Insurer shall be provided with a monthly statement of activity
in the Principal and Interest Accounts and the Accounts from each party holding
such accounts.
Section 5.07 Maintenance of Hazard Insurance.
The Servicer shall cause to be maintained, subject to the provisions of
Section 5.08, fire and hazard insurance with extended coverage customary in the
area where the Mortgaged Property is located, in an amount which is at least
equal to the least of (a) the outstanding principal balance owing on the
Mortgage Loan, and the First Lien, with respect to Group 1, (b) the full
insurable value of the premises securing the Mortgage Loan and (c) the minimum
amount required to compensate for damage or loss on a replacement cost basis. If
at the origination of the Mortgage Loan or at any time during the term of the
Mortgage Loan the Servicer determines that the Mortgaged Property is located in
an area identified on a Flood Hazard Boundary Map or Flood Insurance Rate Map
issued by the Flood Emergency Management Agency as having special flood hazards
and flood insurance has been made available, the Servicer will cause to be
purchased a flood insurance policy meeting the requirements of the current
guidelines of the Federal Insurance Administration with a generally acceptable
insurance carrier, in an amount representing coverage not less than the lesser
of (i) the outstanding principal balance of the Mortgage Loan or (ii) the
maximum amount of insurance which is available under the National Flood
Insurance Act of 1968, the Flood Disaster Protection Act of 1973 or the National
Flood Insurance Reform Act of 1994, as amended. The Servicer shall also
maintain, to the extent such insurance is available, on REO Property, fire and
hazard insurance in the amounts described above, liability insurance and, to the
extent required and available under the National Flood Insurance Act of 1968, as
amended, and the Servicer determines that such insurance is necessary in
accordance with accepted first and second mortgage servicing practices of
prudent lending institutions with respect to Group 1, and in accordance with
accepted first mortgage servicing practices of prudent lending institutions with
respect to Group 2, flood insurance in an amount equal to that required above.
Any amounts collected by the Servicer under any such policies (other than
amounts to be applied to the restoration or repair of the Mortgaged Property, or
to be released to the Mortgagor in accordance with customary first and second
mortgage servicing procedures with respect to Group 1, and with customary first
mortgage servicing procedures with respect to Group 2) shall be deposited in the
Principal and Interest Account with respect to the related Group, subject to
retention by the Servicer to the extent such amounts constitute Servicing
Compensation or to withdrawal pursuant to Section 5.04 above. It is understood
and agreed that no earthquake or other additional insurance need be required by
the Servicer of any Mortgagor or maintained on REO Property, other than pursuant
to such applicable laws and regulations as shall at any time be in force and as
shall require such additional insurance. All policies required hereunder shall
be endorsed with standard mortgagee clauses with losses payable to the Servicer.
Any out-of-pocket expenses incurred by the Servicer pursuant to this Section
5.07, including without limitation any advances of premiums on insurance
policies required by this Section 5.07, shall constitute Servicing Advances.
Section 5.08 Maintenance of Mortgage Impairment Insurance Policy.
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In the event that the Servicer shall obtain and maintain a blanket policy
insuring against fire and hazards of extended coverage on all of the Mortgage
Loans or all of the Mortgage Loans in a Group, then, to the extent such policy
names the Servicer as loss payee and provides coverage in an amount equal to the
aggregate unpaid principal balance on the related Mortgage Loans without
co-insurance, and otherwise complies with the requirements of Section 5.07
above, the Servicer shall be deemed conclusively to have satisfied its
obligations with respect to fire and hazard insurance coverage under Section
5.07 above, it being understood and agreed that such blanket policy may contain
a deductible clause, in which case the Servicer shall, in the event that there
shall not have been maintained on the related Mortgaged Property a policy
complying with Section 5.07 above, and there shall have been a loss which would
have been covered by such policy, deposit in the related Principal and Interest
Account the difference, if any, between the amount that would have been payable
under a policy complying with Section 5.07 above and the amount paid under such
blanket policy. On the Closing Date, such blanket policy is maintained with St.
Paul Insurance Company.
Section 5.09 Fidelity Bond.
The Servicer shall maintain with a responsible company, and at its own
expense, a blanket fidelity bond and an errors and omissions insurance policy,
in a minimum amount acceptable to FNMA or FHLMC or otherwise as is commercially
available at a cost that is not generally regarded as excessive by industry
standards, with broad coverage on all officers, employees or other persons
acting in any capacity requiring such persons to handle funds, money, documents
or papers relating to the Mortgage Loans ("Servicer Employees"). Any such
fidelity bond and errors and omissions insurance shall protect and insure the
Servicer against losses, including losses resulting from forgery, theft,
embezzlement, fraud, errors and omissions and negligent acts of such Servicer
Employees. Such fidelity bond shall also protect and insure the Servicer against
losses in connection with the release or satisfaction of a Mortgage Loan without
having obtained payment in full of the indebtedness secured thereby. No
provision of this Section 5.09 requiring such fidelity bond and errors and
omissions insurance shall diminish or relieve the Servicer from its duties and
obligations as set forth in this Agreement. Upon the request of the Trustee or
the Certificate Insurer, the Servicer shall cause to be delivered to the Trustee
or the Certificate Insurer a certified true copy of such fidelity bond and
insurance policy.
Section 5.10 Title, Management and Disposition of REO Property.
In the event that title to any Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure (an "REO Property"), the deed or
certificate of sale shall be taken in the name of the Trustee for the benefit of
the Certificateholders.
The Servicer shall manage, conserve, protect and operate each REO Property
for the Certificateholders solely for the purpose of its prudent and prompt
disposition and sale. The Servicer shall, either itself or through an agent
selected by the Servicer, manage, conserve, protect and operate the REO Property
in the same manner that it manages, conserves, protects and operates other
foreclosed property for its own account, and in the same manner that similar
property in the same locality as the REO Property is managed. The Servicer shall
attempt to sell
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the same (and may temporarily rent the same) on such terms and conditions as the
Servicer deems to be in the best interest of the Certificate Insurer and the
Certificateholders. Any out-of-pocket expenses incurred by the Servicer pursuant
to this Section 5.10 shall be Servicing Advances.
The Servicer shall cause to be deposited, no later than five Business Days
after the receipt thereof, in the related Principal and Interest Account, all
revenues received with respect to the conservation and disposition of the
related REO Property and shall retain, or withdraw from such amounts, funds
necessary for the proper operation, management and maintenance of the related
REO Property and the fees of any managing agent acting on behalf of the
Servicer.
The disposition of REO Property shall be carried out by the Servicer at
such price, and upon such terms and conditions, as the Servicer deems to be in
the best interest of the Certificateholders and, as soon as practicable
thereafter, the expenses of such sale shall be paid. The proceeds of sale of the
REO Property shall be promptly deposited in the related Principal and Interest
Account, net of Excess Proceeds, any related unreimbursed Servicing Advances,
accrued and unpaid Servicing Fees and unreimbursed Monthly Advances payable to
the Servicer in accordance with Section 5.04 above, for distribution to the
Certificateholders in accordance with Section 6.06.
In the event any Mortgaged Property is acquired as aforesaid or otherwise
in connection with a default or imminent default on a Mortgage Loan, the
Servicer shall sell such Mortgaged Property for cash prior to the end of the
third taxable year after its acquisition of such Mortgaged Property for purposes
of Section 860(G)(a)(8) of the Code unless the Servicer either (i) applies, at
the expense of the Trust Fund (as a Servicing Advance), more than 60 days prior
to the expiration of such three year period, and is granted an extension of time
by the Internal Revenue Service to sell such Mortgaged Property (in which case
the Servicer shall sell such Mortgaged Property prior to the expiration of any
extension to such three-year grace period) or (ii) receives an Opinion of
Counsel to the effect that the holding of such Mortgaged Property subsequent to
three years after its acquisition will not result in the imposition of taxes on
"prohibited transactions" as defined in section 860F of the Code or cause the
Trust Fund REMIC to fail to qualify as a REMIC at any time that any Class A
Certificates are outstanding. Notwithstanding any other provision of this
Agreement, (i) no Mortgaged Property acquired by the Servicer pursuant to this
Section shall be rented (or allowed to continue to be rented) or otherwise used
for the production of income by or on behalf of the Trust Fund, and (ii) no
construction shall take place on such Mortgaged Property in such a manner or
pursuant to any terms, such that in the case of either clause (i) or (ii) such
action would cause such Mortgaged Property to fail to qualify as "foreclosure
property" within the meaning of section 860G(a)(8) of the Code or result in the
receipt by the Trust Fund or any "net income from foreclosure property" which is
subject to taxation within the meaning of Sections 860G(c) and 857(b)(4)(B) of
the Code. Any out-of-pocket expenses incurred by the Servicer including any
Opinions of Counsel pursuant to this Section 5.10 shall constitute Servicing
Advances. If a period greater than two years is permitted under this Agreement
and is necessary to sell any REO Property, the Servicer shall give appropriate
notice to the Trustee and the Certificate Insurer and shall report monthly to
the Trustee (which report the Trustee shall supply to the Certificate Insurer
upon request) as to the progress being made in selling such REO Property.
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With respect to each Multifamily Loan, Mixed Use Loan and Commercial Loan:
(i) Prior to the acquisition of title to such property, the Servicer
shall review the operation of such property and determine the nature of the
income that would be derived from such property if it were acquired by the Trust
Fund. If the Servicer determines from such review that:
(A) None of the income from Directly Operating such property would be
subject to tax as "net income from foreclosure property" within the meaning
of the REMIC Provisions or would be subject to the tax imposed on
"prohibited transactions" under Section 860F of the Code (either such tax
referred to herein as an "REO Tax"), such property may be Directly Operated
by the Servicer as REO Property;
(B) Directly Operating such property as an REO Property could result
in income from such property that would be subject to an REO Tax, but that
a lease of such property to another party to operate such property, or the
performance of some services by an Independent Contractor with respect to
such property, or another method of operating such property would not
result in income subject to an REO Tax, then the Servicer may (provided,
that in the good faith and reasonable judgment of the Servicer, it is
commercially feasible) acquire such property as REO Property and so lease
or operate such REO Property; or
(C) It is reasonable to believe that Directly Operating such property
as REO Property could result in income subject to an REO Tax and that no
commercially reasonable feasible means exists to operate such property as
REO Property without the Trust Fund incurring or possibly incurring an REO
Tax on income from such property. The Servicer shall give written notice to
the Trustee and the Certificate Insurer summarizing a proposed plan
("Proposed Plan") to manage such property as REO Property. Such notice
shall include potential sources of income, and to the extent reasonably
feasible, estimates of the amount of income from each such source. Within a
reasonable period of time after receipt of such notice, the Servicer shall
consult with the Trustee and the Certificate Insurer and shall advise the
Trustee and the Certificate Insurer of the Servicer's federal income tax
reporting position with respect to the various sources of income that the
Trust Fund would derive under the Proposed Plan. In addition, the Trustee
shall (to the extent feasible) advise the Servicer and the Certificate
Insurer of the estimated amount of taxes that the Trust Fund would be
required to pay with respect to each such source of income. After the
Servicer has provided the Trustee and the Certificate Insurer with the
information described in the two preceding sentences, the Servicer shall
either (A) implement the Proposed Plan (after acquiring the respective
property as REO Property) or (B) manage and operate such property in a
manner that would not result in the imposition of an REO Tax on the income
derived from such property. The Servicer's decision as to how each REO
Property shall be managed and operated shall be based in either case on the
good faith and reasonable judgment of the Servicer after consultation with
the Certificate Insurer as to which means would be in the best interest of
the Certificateholders and the Certificate Insurer by maximizing (to the
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extent commercially feasible) the net after-tax REO Proceeds received by
the Trust Fund with respect to such property and, to the extent consistent
with the foregoing, in the same manner as would prudent mortgage loan
servicers and asset managers operating acquired mortgaged property
comparable to the respective property. The Servicer, the Trustee and the
Certificate Insurer may consult with counsel in connection with
determinations required under this Section 5.10(i)(C). The cost of such
consultation by the Servicer shall constitute a Servicing Advance. Neither
the Servicer nor the Trustee shall be liable to the Certificateholders, the
Trust Fund, the Trustee, the Servicer or each other for errors in judgment
made in good faith in the exercise of their discretion while performing
their respective responsibilities under this Section 5.10(i)(C). Nothing in
this Section 5.10(i)(C) is intended to prevent the sale of a Defaulted
Mortgage Loan pursuant to the terms and subject to the conditions of
Section 5.11.
Section 5.11 Right to Repurchase Defaulted Mortgage Loans.
The Servicer, in its sole discretion, shall have the right to elect (by
written notice sent to the Trustee) to purchase on any Determination Date for
its own account from the Trust Fund any Mortgage Loan which is 90 days or more
delinquent at a price equal to the Principal Balance of such Mortgage Loan as of
the date of purchase, plus all accrued and unpaid interest on such Mortgage Loan
through the end of the Due Period in which such Determination Date falls,
computed at the Mortgage Rate plus the amount of any unreimbursed Servicing
Advances made by the Servicer with respect to such Mortgage Loan (the "Purchase
Price"). The Purchase Price for any Mortgage Loan purchased hereunder shall be
deposited by the Servicer in the related Principal and Interest Account and the
Trustee, upon receipt of a Request for Release and confirmation of such deposit
from the Servicer in the form of Exhibit I, shall release or cause to be
released to the purchaser of such Mortgage Loan the related Mortgage File and
shall execute and deliver such instruments of transfer or assignment prepared by
the purchaser of such Mortgage Loan, in each case without recourse,
representation or warranty, as shall be necessary to vest in the purchaser of
such Mortgage Loan any Mortgage Loan released pursuant hereto and the purchaser
of such Mortgage Loan shall succeed to all the Trustee's right, title and
interest in and to such Mortgage Loan and all security and documents related
thereto. Such assignment shall be an assignment outright and not for security.
The purchaser of such Mortgage Loan shall thereupon own such Mortgage Loan, and
all security and documents, free of any further obligation to the Trustee or the
Certificateholders with respect thereto.
Section 5.12 Collection of Certain Mortgage Loan Payments.
The Servicer shall make reasonable efforts to collect all payments called
for under the terms and provisions of the Mortgage Loans, and shall, to the
extent such procedures shall be consistent with this Agreement, comply with the
terms and provisions of any applicable hazard insurance policy. Consistent with
the foregoing, the Servicer may in its discretion waive or permit to be waived
any late payment charge, prepayment charge, assumption fee or any penalty
interest in connection with the prepayment of a Mortgage Loan or any other fee
or charge which the Servicer would be entitled to retain hereunder as servicing
compensation and extend the due date for payments past due on a Mortgage Note
for a period (with respect to each payment as to which
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the due date is extended) not greater than 125 days without the Certificate
Insurer's prior written consent, and in no event later than the final maturity
date of the Mortgage Loan, provided that such extension would not be considered
a new mortgage loan for federal income tax purposes. In the event the Servicer
shall consent to the deferment of the Due Dates for payments past due on a
Mortgage Note, the Servicer shall nonetheless make payment of any required
Monthly Advance with respect to the payments so extended to the same extent as
if such installment were due, owing and delinquent and had not been deferred,
and shall be entitled to reimbursement therefor in accordance with Section
5.04(ii) above.
Section 5.13 Access to Certain Documentation and Information Regarding the
Mortgage Loans.
The Servicer shall provide to the Trustee, the Certificateholders, the
Certificate Insurer and any supervisory agents or examiners of each of the
foregoing access to the documentation regarding the Mortgage Loans (such access
in the case of supervisory agents or examiners being limited to that
documentation required by applicable state and federal regulations) being
afforded without charge but only upon reasonable request and during normal
business hours at the offices of the Servicer designated by it.
Section 5.14 Superior Liens.
With respect to any Group 1 Mortgage Loan, the Depositor or the Servicer
shall file (or cause to be filed) of record a request for notice of any action
by a superior lienholder under a First Lien for the protection of the Trustee's
interest, where permitted by local law and whenever applicable state law does
not require that a junior lienholder be named as a party defendant in
foreclosure proceedings in order to foreclose such junior lienholder's equity of
redemption. The Servicer must also notify any superior lienholder in writing of
the existence of the Mortgage Loan and request notification of any action (as
described below) to be taken against the Mortgagor or the Mortgaged Property by
the superior lienholder.
With respect to any Group 1 Mortgage Loan, if the Servicer is notified that
any superior lienholder has accelerated or intends to accelerate the obligations
secured by the First Lien, or has declared or intends to declare a default under
the mortgage or the promissory note secured thereby, or has filed or intends to
file an election to have the Mortgaged Property sold or foreclosed, the Servicer
shall take, on behalf of the Trust Fund, whatever actions are necessary to
protect the interests of the Certificateholders, and/or to preserve the security
of the related Mortgage Loan, subject to the application of the REMIC
Provisions. The Servicer shall advance the necessary funds to cure the default
or reinstate the superior lien, if such advance is in the best interests of the
Certificate Insurer and the Certificateholders. The Servicer shall not make such
an advance except to the extent that it determines in its reasonable good faith
judgment that the advance would either be recoverable from the Liquidation
Proceeds on the related Mortgage Loan or increase the Net Liquidation Proceeds
available to the Trust Fund. The Servicer shall thereafter take such action as
is necessary to recover the amount so advanced. Any expenses incurred by the
Servicer pursuant to this Section 5.14 shall be Servicing Advances with respect
to Group 1.
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Section 5.15 Environmental Matters.
Notwithstanding any other provision of this Agreement to the contrary, with
respect to any Mortgage Loan as to which the Servicer has received actual notice
of, or has actual knowledge of, the presence of any regulated substance, toxic
substance, hazardous waste or hazardous substance or any similar or like
classification (as such terms are defined or used in CERCLA or any federal,
state or local statutes, laws, rules or regulations pertaining to environmental
matters) on the related Mortgaged Property, the Servicer shall not, on behalf of
the Trustee, either (i) obtain title to such Mortgaged Property as a result of
or in lieu of foreclosure or otherwise, or (ii) otherwise acquire possession of,
or take any other action, with respect to, such Mortgaged Property, unless the
Servicer has obtained the prior written consent of the Certificate Insurer. The
preceding sentence shall not apply to the presence, use or storage on the
related Mortgaged Property of hazardous substances that are generally recognized
to be appropriate to normal residential use and maintenance of the related
Mortgaged Property.
Section 5.16 Acknowledgment of Duties and Obligations.
Any provision hereof to the contrary notwithstanding, the Depositor
acknowledges that (i) as of the Closing Date the Servicer is an unincorporated
division of the Depositor, (ii) actions and agreements by an unincorporated
division of the Depositor are those of the Depositor and (iii) the Depositor is
responsible for all duties and obligations of its unincorporated division
hereunder.
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ARTICLE VI
PAYMENTS TO THE CERTIFICATEHOLDERS
Section 6.01 Establishment of Certificate Account; Deposits in Certificate
Account.
With respect to each Group, and no later than the Closing Date, the Trustee
will establish and maintain with itself one or more segregated trust accounts
that are Eligible Accounts, which shall be titled, with respect to Group 1,
"Group 1 Certificate Account, LaSalle National Bank, as trustee for the
registered holders of AFC Mortgage Loan Asset Backed Certificates, Series
1998-2" and with respect to Group 2, "Group 2 Certificate Account, LaSalle
National Bank, as trustee for the registered holders of AFC Mortgage Loan Asset
Backed Certificates, Series 1998-2." With respect to each Group, the Trustee
shall, promptly upon receipt, deposit in the related Certificate Account and
retain therein:
(i) the portion of the related Available Remittance Amount remitted by
the Servicer pursuant to Section 5.04(i) above;
(ii) the related Monthly Advance and the related Compensating Interest
remitted to the Trustee by the Servicer;
(iii) the Excess Spread with respect to the related Group remitted to
the Trustee by the Servicer pursuant to Section 5.04(i) above and Insured
Payments with respect to the related Group pursuant to Section 6.06(b);
(iv) all income or gain from investments of funds on deposit in the
related Certificate Account pursuant to Section 6.05(e) and amounts
required to be paid by the Servicer pursuant to such Section 6.05(e) in
connection with losses on investments of amounts in the related Certificate
Account;
(v) the Termination Price; and
(vi) any amounts required to be deposited in the related Certificate
Account pursuant to Sections 6.13(b), 6.13(c) and 6.14(c).
Section 6.02 Permitted Withdrawals from Certificate Account.
With respect to each Group, the Trustee shall, based upon information set
forth in the Servicer's Certificate for such Remittance Date, withdraw amounts
on deposit in the related Certificate Account on each Remittance Date in the
following order of priority:
(i) except as to the final Remittance Date hereunder, to pay the
Certificate Insurer the related Monthly Premium pursuant to Section 6.04;
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(ii) to effect the distributions described in Section 6.06(c),
exclusive of the distributions described in the last paragraph of Section
6.06(c);
(iii) except as to the final Remittance Date hereunder, to make
deposits in the related Trustee Expense Account pursuant to Section
6.03(a)(i);
and also, in no particular order of priority:
(iv) to invest amounts on deposit in the related Certificate Account
in Permitted Instruments pursuant to Section 6.05;
(v) to pay on a monthly basis to the Servicer interest paid and
earnings realized on Permitted Instruments in the related Certificate
Account;
(vi) to withdraw any amount not required to be deposited in the
related Certificate Account or deposited therein in error; and
(vii) to clear and terminate the related Certificate Account upon the
termination of this Agreement in accordance with Article XI of this
Agreement.
Section 6.03 Establishment of Trustee Expense Account; Deposits in Trustee
Expense Account; Permitted Withdrawals from Trustee Expense
Account.
(a) With respect to each Group and no later than the Closing Date, the
Trustee will establish and maintain with itself one or more segregated trust
accounts that are Eligible Accounts, which shall be titled, with respect to
Group 1, "Group 1 Trustee Expense Account, LaSalle National Bank, as trustee for
the registered holders of AFC Mortgage Loan Asset Backed Certificates, Series
1998-2", and with respect to Group 2, "Group 2 Trustee Expense Account, LaSalle
National Bank, as trustee for the registered holders of AFC Mortgage Loan Asset
Backed Certificates, Series 1998-2." With respect to each Group, the Trustee
shall deposit into the related Trustee Expense Account:
(i) on each Remittance Date (other than the final Remittance Date
hereunder) from the amounts on deposit in the related Certificate Account
an amount equal to the Annual Trustee Expense Amount, subject to the
provisions of Section 6.06(c); and
(ii) upon receipt, all income or gain from investments of funds on
deposit in the related Trustee Expense Account pursuant to Section 6.05(e)
and all amounts required to be paid by the Servicer pursuant to such
Section 6.05(e) in connection with losses on investments of amounts in the
related Trustee Expense Account.
If at any time the amount then on deposit in any Trustee Expense Account shall
be insufficient to pay in full the fees and expenses of the Trustee then due
with respect to a Group, the Trustee shall
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make demand on the related Servicer to advance the amount of such insufficiency,
and the Servicer shall promptly advance such amount. If the related Servicer
fails to make such advance, the Depositor shall do so upon demand of the
Trustee. Thereafter, the Servicer and the Depositor shall be entitled to
reimbursement solely from the related Trustee Expense Account pursuant to
subclause (c)(ii) below for the amount of any such advance from any excess
available after payment of Trust Fund expenses.
(b) The Trustee may withdraw amounts on deposit in the Trustee Expense
Account with respect to each Group for investment in Permitted Instruments
pursuant to Section 6.05, and the Trustee shall withdraw amounts on deposit in
the related Trustee Expense Account:
(i) to pay, as described in Section 2.08 above, the Trustee's fees and
expenses allocable to or incurred in connection with the Certificates with
respect to the related Group;
(ii) to pay on a monthly basis to the Servicer interest paid and
earnings realized on Permitted Instruments in the related Trustee Expense
Account;
(iii) to withdraw any amounts not required to be deposited in the
related Trustee Expense Account or deposited therein in error; and
(iv) to clear and terminate the related Trustee Expense Account upon
termination of this Agreement with any amounts on deposit therein being
paid to the Servicer and/or the Depositor to the extent of any Reimbursable
Amounts and the remainder to the Class R Certificateholders.
(c) On the twelfth Remittance Date following the Closing Date, and on each
twelfth Remittance Date thereafter, the Trustee shall determine whether all
payments required to be made pursuant to subclauses (b)(i), (b)(ii) and (b)(iii)
above, have been made, and from any amounts remaining in the related Trustee
Expense Account, the Trustee shall, based upon information set forth in the
Servicer's Certificate for such Remittance Date (in the following order of
priority):
(i) pay any amounts not previously paid and required to be paid
pursuant to subclauses (b)(i), (b)(ii) and (b)(iii) above;
(ii) reimburse the Servicer and/or the Depositor, for Reimbursable
Amounts;
(iii) reimburse the Servicer and/or the Depositor for advances made by
it pursuant to the last paragraph of subclause (a) above; and
(iv) remit to the Servicer as additional Servicing Compensation any
amounts remaining in the related Trustee Expense Account after payments
made pursuant to subclauses (b)(i), (b)(ii), (b)(iii), (c)(i) and (c)(ii),
above.
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Section 6.04 Payment of Monthly Premium to Certificate Insurer.
With respect to each Group and on each Remittance Date commencing on July
27, 1998 (other than the final Remittance Date hereunder), from the amounts on
deposit in the Certificate Account with respect to the related Group, prior to
making the remittances required pursuant to Section 6.06(c), the Trustee shall
pay the Certificate Insurer the Monthly Premium with respect to such Group.
Section 6.05 Investment of Accounts.
(a) So long as no Event of Default shall have occurred and be continuing,
and consistent with any requirements of the Code, all or a portion of any
Account, except the Reserve Accounts held by the Trustee, shall be invested and
reinvested by the Trustee, as directed in writing, or by telephone or facsimile
transmission confirmed in writing, by the Servicer, in one or more Permitted
Instruments. Subject to the last paragraph of Section 5.04 above in the case of
the Principal and Interest Accounts, no such investment in any Account shall
mature later than the Business Day immediately preceding the next Remittance
Date.
(b) If any amounts are needed for disbursement from any Account held by the
Trustee and sufficient uninvested funds are not available to make such
disbursement, the Trustee shall cause to be sold or otherwise converted to cash
a sufficient amount of the investments in such Account. The Trustee shall not be
liable for any investment loss or other charge resulting therefrom unless the
Trustee's failure to perform in accordance with this Section 6.05 is the cause
of such loss or charge or if the Trustee is the obligor and has defaulted
thereon.
(c) Subject to Section 12.01, the Trustee shall not in any way be held
liable by reason of any insufficiency in any Account held by the Trustee
resulting from any investment loss on any Permitted Instrument included therein
(except to the extent that the Trustee is the obligor and has defaulted
thereon).
(d) The Trustee shall invest and reinvest funds in the Accounts held by the
Trustee, to the fullest extent practicable, in such manner as the Servicer or
the Holders of a majority in Percentage Interest of the Class R Certificates, as
applicable, shall from time to time direct as set forth in Section 6.05(a)
above, but only in one or more Permitted Instruments.
(e) All income or other gain from investments in any Account held by the
Trustee shall be deposited in such Account immediately on receipt, and the
Trustee shall notify the Servicer, or the Depositor, or the Holders of a
majority in Percentage Interest of the Class R Certificates as the case may be,
of any loss resulting from such investments. Upon receipt of such notification,
the Servicer, in the case of all Accounts other than the Interest Coverage
Accounts and the Pre-Funding Accounts and the Depositor, in the case of the
Interest Coverage Accounts and the Pre-Funding Accounts, shall promptly remit
the amount of any such loss from their own funds, without reimbursement
therefor, to the Trustee for deposit in the Account or Accounts from which the
related funds were withdrawn for investment.
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Section 6.06 Priority and Subordination of Distributions.
(a) The rights of the Certificateholders to receive distributions from the
proceeds of the Trust Fund, and all ownership interests of the
Certificateholders in such distributions, shall be as set forth in this
Agreement. In this regard, all rights of the Class R Certificateholders to
receive distributions in respect of the Class R Certificates shall be subject
and subordinate to the preferential rights of the Class A Certificateholders to
receive distributions in respect of the Class A Certificates, to the extent set
forth herein. In accordance with the foregoing, the ownership interests of the
Class R Certificateholders in amounts deposited in the Accounts from time to
time shall not vest unless and until such amounts are properly distributed in
respect of the Class R Certificates in accordance with the terms of this
Agreement. Notwithstanding anything contained in this Agreement to the contrary,
no Certificateholder shall be required to refund any amount properly distributed
to it pursuant to the terms of this Agreement.
(b) As soon as possible, and in no event later than 10:00 a.m. Chicago time
on the Business Day immediately preceding each Remittance Date, subject to
receipt by the Trustee of the Servicer's Certificate, the Trustee shall furnish
the Certificate Insurer and the Servicer with a completed notice in the form set
forth as Exhibit A to the Certificate Insurance Policy (the "Notice") indicating
that an Insured Payment is necessary. The Notice shall specify the amount of
Insured Payment and shall constitute a claim for an Insured Payment pursuant to
the Certificate Insurance Policy. Upon receipt of Insured Payments on behalf of
the Class A Certificateholders under the Certificate Insurance Policy, the
Trustee shall deposit such Insured Payments in the related Certificate Account
and shall distribute such Insured Payments in accordance with Section 6.02(ii)
above and Section 6.06(c) and (d).
Each Class A Certificateholder shall promptly notify the Trustee in writing
upon the receipt of a court order as described in clause (c)(vii) of the
definition of Class A Principal Remittance Amount. The Trustee shall promptly
notify the Certificate Insurer upon its receipt from any Certificateholder of
any such court order. If the payment of any portion or all of any amount that is
insured by the Certificate Insurer under the Certificate Insurance Policy is
voided pursuant to a final order of a court exercising proper jurisdiction in an
insolvency proceeding to the effect that the Trustee or the Class A
Certificateholder, as the case may be, is required to return any such payment or
portion thereof prior to the expiration date of the Certificate Insurance Policy
because such payment was voided under the U.S. Bankruptcy Code, with respect to
which order the appeal period has expired without an appeal having been filed (a
"Final Order"), and, as a result, the Trustee or any Class A Certificateholder
is required to return such voided payment, or any portion of such voided payment
made in respect of the Class A Certificates (a "Preference Amount"), the
Certificate Insurer will pay an amount equal to each such Preference Amount, on
the second Business Day following receipt by the Certificate Insurer of (x) a
certified copy of the Final Order, (y) an assignment, in form reasonably
satisfactory to the Certificate Insurer, irrevocably assigning to the
Certificate Insurer all rights and claims of the Trustee and/or such Class A
Certificateholder relating to or arising under such Preference Amount and
appointing the Certificate Insurer as the agent of the Trustee and/or such Class
A Certificateholder in respect of such Preference Amount, and (z) a Notice
appropriately completed and executed by the Trustee or such Class A
Certificateholder, as the case may be. Such payment shall be made to the
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receiver, conservator, debtor-in-possession or trustee in bankruptcy named in
the Final Order and not to the Trustee or Class A Certificateholder directly
(unless a Class A Certificateholder has previously paid such amount to such
receiver, conservator, debtor-in-possession or trustee named in such Final Order
in which case payment shall be made to the Trustee for distribution to the Class
A Certificateholder upon proof of such payment reasonably satisfactory to the
Certificate Insurer). Notwithstanding the foregoing, in no event shall the
Certificate Insurer be (i) required to make any payment under the Certificate
Insurance Policy in respect of any Preference Amount to the extent such
Preference Amount is comprised of amounts previously paid by the Certificate
Insurer thereunder, or (ii) obligated to make any payment in respect of any
Preference Amount, which payment represents a payment of the principal amount of
the Class A Certificates, prior to the time the Certificate Insurer otherwise
would have been required to make a payment in respect of such principal.
Each Class A Certificateholder, by its purchase of the Class A
Certificates, the Servicer and the Trustee hereby agree that the Certificate
Insurer may at any time during the continuation of any proceeding relating to a
preference claim direct all matters relating to such preference claim,
including, without limitation, the direction of any appeal of any order relating
to such preference claim and the posting of any surety, supersede as or
performance bond pending any such appeal. In addition and without limitation of
the foregoing, the Certificate Insurer shall be subrogated to the rights of the
Servicer, the Trustee and each Class A Certificateholder in the conduct of any
such preference claim, including, without limitation, all rights of any party to
an adversary proceeding action with respect to any court order issued in
connection with any such preference claim.
The Trustee shall receive, as attorney-in-fact of each Holder of a Class A
Certificate, any Insured Payment with respect to the related Group from the
Certificate Insurer and disburse the same to each Holder of a Class A
Certificate with respect to the related Group in accordance with the provisions
of this Section 6.06. Insured Payments disbursed by the Trustee from proceeds of
the Certificate Insurance Policy shall not be considered payment by the Trust
Fund nor shall such payments discharge the obligation of the Trust Fund with
respect to such Class A Certificates, and the Certificate Insurer shall become
the owner of such unpaid amounts due from the Trust Fund in respect of Class A
Certificates. The Trustee hereby agrees on behalf of each Holder of a Class A
Certificate for the benefit of the Certificate Insurer that it recognizes that
to the extent the Certificate Insurer makes Insured Payments with respect to a
Group, either directly or indirectly (as by paying through the Trustee), to the
related Class A Certificateholders, the Certificate Insurer will be subrogated
to the rights of such Class A Certificateholders, with respect to such Insured
Payment, shall be deemed, to the extent of the payments so made, to be a
registered Class A Certificateholder and shall receive all future related Class
A Remittance Amounts with respect to such Group until all such Insured Payments
by the Certificate Insurer have been fully reimbursed, subject to the following
paragraph. To evidence such subrogation, the Trustee shall, or shall cause the
Certificate Registrar to, note the Certificate Insurer's rights as subrogee on
the registration books maintained by the Trustee or the Certificate Registrar
upon receipt from the Certificate Insurer of proof of payment of any Insured
Payment. Except as otherwise described herein, the Certificate Insurer shall not
acquire any voting rights hereunder as a result of such subrogation. The effect
of the foregoing provisions is that, to the extent of
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Insured Payments made by it, the Certificate Insurer shall be paid before
payment of the balance of the Class A Remittance Amount with respect to the
related Group for which an Insured Payment was made, is made to the other
Holders of the related Class A Certificates, subject to the following paragraph.
It is understood and agreed that the intention of the parties is that the
Certificate Insurer shall not be entitled to reimbursement on any Remittance
Date for amounts previously paid by it with respect to a Group unless on such
Remittance Date the related Class A Certificateholders shall also have received
the full amount of the related Class A Remittance Amount with respect to the
related Class of Class A Certificates (exclusive of any related Class A
Carry-Forward Amount, to the extent representing amounts previously paid to such
related Class A Certificateholders as Insured Payments or representing interest
accrued in respect of Insured Payments) for such Remittance Date.
(c) On or before each Remittance Date, the Servicer shall determine the
Overcollateralization Amount for each Group after giving effect to the
distribution of the related Class A Principal Remittance Amount to the Holders
of the related Class of Class A Certificates on such Remittance Date and the
amount of the related Net Excess Spread. On each Remittance Date the Trustee
shall withdraw from each Certificate Account the related Amount Available, and
make distributions thereof, based upon the information set forth in the
Servicer's Certificate for such Remittance Date, in the following order of
priority to the extent available, except to the extent that the priority set
forth in Section 6.07 shall be applicable:
(A) With respect to the Class 1A Certificates and Group 1:
(X) If the Remittance Date is prior to the Cross-Over Date, the
Trustee shall distribute the indicated amounts in the following order of
priority:
(i) to the Class 1A Certificateholders (including for purposes of this
Section 6.06(c), the Certificate Insurer as the subrogee thereof), an
amount equal to the lesser of:
(A) the Amount Available with respect to Group 1; and
(B) the Class 1A Interest Remittance Amount;
(ii) to the Class 1A Certificateholders (including for purposes of
this Section 6.06(c), the Certificate Insurer as the subrogee thereof), to
be applied to reduce the Class 1A Principal Balance to the extent described
below, until the Class 1A Principal Balance has been reduced to zero and to
make payments in respect of the amounts described in clauses (c)(v) (to the
extent the amount in clause (c)(v) represents prior Insured Payments by the
Certificate Insurer or interest accrued thereon pursuant to the definition
of Class A Carry-Forward Amount) and (c)(vii) of the definition of the
Class A Principal Remittance Amount, the lesser of:
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(A) the balance of the Amount Available with respect to Group 1
after payments described in clause (X)(i) above; and
(B) the Class A Principal Remittance Amount with respect to the
Class 1A Certificates;
(iii) to the Group 1 Trustee Expense Account, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 1 after
payments described in clauses (X)(i) and (ii) above and any accrued and
unpaid Annual Trustee Expense Amount with respect to Group 1;
(iv) to the Class 1A Certificateholders to be applied to reduce the
Class 1A Principal Balance until the Class 1A Principal Balance has been
reduced to zero, an amount equal to the lesser of:
(A) the balance of the Amount Available with respect to Group 1
after payments described in clauses (X)(i) through (iii) above; and
(B) the Additional Principal with respect to the Class 1A
Certificates;
(v) to the Servicer and/or the Depositor, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 1 after
payments described in clauses (X)(i) through (iv) above and any expenses
incurred in connection with any third party claims that remain
unreimbursed;
(vi) to the Servicer, an amount equal to the lesser of the balance of
the Amount Available with respect to Group 1 after payments described in
clauses (X)(i) through (v) above and the aggregate of any Nonrecoverable
Servicing Advances and Nonrecoverable Monthly Advances with respect to
Group 1 previously made by the Servicer and not previously reimbursed; and
(vii) to the Class R Certificateholders, the balance of the Amount
Available with respect to Group 1, if any, after payments described in
clauses (X)(i) through (vi) above.
(Y) If the Remittance Date is on or after the Cross-Over Date, the Trustee
shall distribute the indicated amounts in the following order of priority:
(i) to the Class 1A Certificateholders (including for purposes of this
Section 6.06(c), the Certificate Insurer as the subrogee thereof), the
lesser of:
(A) the Amount Available with respect to Group 1; and
(B) the Class 1A Interest Remittance Amount;
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(ii) to the Class 1A Certificateholders (including for purposes of
this Section 6.06(c), the Certificate Insurer as the subrogee thereof), to
be applied to reduce the Class 1A Principal Balance until the Class 1A
Principal Balance has been reduced to zero and to make payments in respect
of the amounts described in clauses (c)(v) (to the extent the amounts
described in clause (c)(v) represent prior Insured Payments by the
Certificate Insurer or interest accrued thereon pursuant to the definition
of Class A Carry-Forward Amount) and (c)(vii) of the definition of Class A
Principal Remittance Amount, the lesser of:
(A) the balance of the Net Excess Amount Available with respect
to Group 1 after payments described in clause (Y)(i) above; and
(B) the Class A Principal Remittance Amount with respect to the
Class 1A Certificates;
(iii) to the Group 1 Trustee Expense Account, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 1 after
payments described in clauses (Y)(i) and (ii) above and any accrued and
unpaid Annual Trustee Expense Amount with respect to Group 1;
(iv) to the Servicer and/or the Depositor, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 1 after
payments described in clauses (Y)(i) through (iii) above and any expenses
incurred in connection with any third party claims that remain
unreimbursed;
(v) to the Servicer, an amount equal to the lesser of the balance of
the Amount Available with respect to Group 1 after payments described in
clauses (Y)(i) through (iv) above and the aggregate of any Nonrecoverable
Servicing Advances and Nonrecoverable Monthly Advances with respect to
Group 1 previously made by the Servicer and not previously reimbursed; and
(vi) to the Class R Certificateholders, the balance of the Amount
Available with respect to Group 1, if any, after payments described in
clauses (Y)(i) through (v) above.
(B) With respect to the Class 2A Certificates and Group 2:
(X) If the Remittance Date is prior to the Cross-Over Date, the
Trustee shall distribute the indicated amounts in the following order of
priority:
(i) to the Class 2A Certificateholders (including for purposes of this
Section 6.06(c), the Certificate Insurer as the subrogee thereof), the
lesser of:
(A) the Amount Available with respect to Group 2; and
(B) the Class 2A Interest Remittance Amount;
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(ii) to the Class 2A Certificateholders (including for purposes of
this Section 6.06(c), the Certificate Insurer as the subrogee thereof), to
be applied to reduce the Class 2A Principal Balance to the extent described
below, until the Class 2A Principal Balance has been reduced to zero and to
make payments in respect of the amounts described in clauses (c)(v) (to the
extent the amount in clause (c)(v) represents prior Insured Payments by the
Certificate Insurer or interest accrued thereon pursuant to the definition
of Class A Carry-Forward Amount) and (c)(vii) of the definition of the
Class A Principal Remittance Amount, the lesser of:
(A) the balance of the Amount Available with respect to Group 2
after payments described in clause (X)(i) above; and
(B) the related Class A Principal Remittance Amount with respect
to the Class 2A Certificates;
(iii) to the Group 2 Trustee Expense Account, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 2 after
payments described in clauses (X)(i) and (ii) above and any accrued and
unpaid Annual Trustee Expense Amount with respect to Group 2;
(iv) to the Class 2A Certificateholders to be applied to reduce the
Class 2A Principal Balance until the Class 2A Principal Balance has been
reduced to zero, an amount equal to the lesser of:
(A) the balance of the Amount Available with respect to Group 2
after payments described in clauses (X)(i) through (iii) above; and
(B) the Additional Principal with respect to the Class 2A
Certificates;
(v) to the Servicer and/or the Depositor, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 2 after
payments described in clauses (X)(i) through (iv) above and any expenses
incurred in connection with any third party claims that remain
unreimbursed;
(vi) to the Servicer, an amount equal to the lesser of the balance of
the Amount Available with respect to Group 2 after payments described in
clauses (X)(i) through (v) above and the aggregate of any Nonrecoverable
Servicing Advances and Nonrecoverable Monthly Advances with respect to
Group 2 previously made by the Servicer and not previously reimbursed;
(vii) to the Class 2A Certificateholders until the Class 2A Principal
Balance has been reduced to zero, an amount equal to the lesser of:
(A) the balance of the Remaining Net Excess Spread with respect to
Group 2, if any, after payments described in clauses (X)(i)
through
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(vi) and payments of Additional Principal, if any, to the Class
1A Certificateholders (in proportion to the amount of Available
Funds Cap Carry Forward Amount that would have been distributed
to such Class 2A Certificateholder on such Remittance Date); and
(B) the related Available Funds Cap Carry Forward Amount with respect
to the Class 2A Certificates, if any; and
(viii) to the Class R Certificateholders, the balance of the Amount
Available with respect to Group 2, if any, after payments described in
clauses (X)(i) through (vii) above.
(Y) If the Remittance Date is on or after the Cross-Over Date, the Trustee
shall distribute the indicated amounts in the following order of priority:
(i) to the Class 2A Certificateholders (including for purposes of this
Section 6.06(c), the Certificate Insurer as the subrogee thereof), the
lesser of:
(A) the Amount Available with respect to Group 2; and
(B) the Class 2A Interest Remittance Amount;
(ii) to the Class 2A Certificateholders (including for purposes of
this Section 6.06(c), the Certificate Insurer as the subrogee thereof), to
be applied to reduce the Class 2A Principal Balance until the Class 2A
Principal Balance has been reduced to zero and to make payments in respect
of the amounts described in clauses (c)(v) (to the extent the amounts
described in clause (c)(v) represent prior Insured Payments by the
Certificate Insurer or interest accrued thereon pursuant to the definition
of Class A Carry-Forward Amount) and (c)(vii) of the definition of Class A
Principal Remittance Amount below, the lesser of:
(A) the balance of the Net Excess Amount Available with respect
to Group 2 after payments described in clause (Y)(i) above; and
(B) the Class A Principal Remittance Amount with respect to the
Class 2A Certificates;
(iii) to the Group 2 Trustee Expense Account, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 2 after
payments described in clauses (Y)(i) and (ii) above and any accrued and
unpaid Annual Trustee Expense Amount with respect to Group 2;
(iv) to the Servicer and/or the Depositor, an amount equal to the
lesser of the balance of the Amount Available with respect to Group 2 after
payments described in clauses (Y)(i) through (iii) above and any expenses
incurred in connection with any third party claims that remain
unreimbursed;
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(v) to the Servicer, an amount equal to the lesser of the balance of
the Amount available with respect to Group 2 after payments described in
clauses (Y)(i) through (iv) above and the aggregate of any Nonrecoverable
Servicing Advances and Nonrecoverable Monthly Advances with respect to
Group 2 previously made by the Servicer and not previously reimbursed; and
(vi) to the Class 2A Certificateholders until the Class 2A Principal
Balance has been reduced to zero, an amount equal to the lesser of:
(A) the balance of the Remaining Net Excess Spread with respect to
Group 2 after payments described in clauses (Y)(i) through (v)
above and payments of Additional Principal, if any, to the Class
1A Certificateholders (in proportion to the amount of Available
Funds Cap Carry Forward Amount that would have been distributed
to such Class 2A Certificateholder on such Remittance Date); and
(B) the related Available Funds Cap Carry Forward Amount with respect
to the Class 2A Certificates, if any; and
(vii) to the Class R Certificateholders, the balance of the Amount
Available with respect to Group 2, if any, after payments described in
clauses (Y)(i) through (vi) above.
As contemplated by Section 6.06(b) above, amounts distributed to the
related Class A Certificateholders pursuant to Sections 6.06(c)(A)(X)(i) and
(ii) and 6.06(c)(A)(Y)(i) and (ii) with respect to Group 1, and Sections
6.06(c)(B)(X)(i) and (ii) and 6.06(c)(B)(Y)(i) and (ii) with respect to Group 2
above shall be applied first to distributions to the actual Certificateholders,
to the extent of, as applicable, the related Class A Remittance Amount with
respect to the related Classes of Class A Certificates (exclusive of any Class A
Carry-Forward Amount to the extent representing amounts previously paid to the
related Classes of Class A Certificateholders, as Insured Payments or
representing interest accrued in respect of Insured Payments), and then to
reimbursement payments to the Certificate Insurer as subrogee to such
Certificateholders.
Upon the earlier to occur of (i) the September 25, 1998 Remittance Date and
(ii) the termination of this Agreement, the Trustee shall distribute any amount
remaining in the related Pre-Funding Account, net of any investment earnings, to
the Class 1A or Class 2A Certificateholders, in proportion to the Class 1A
Principal Balance and the Class 2A Principal Balance, respectively, to reduce
the Class 1A Principal Balance and the Class 2A Principal Balance until the
Class 1A Principal Balance and the Class 2A Principal Balance are zero.
(d) Except as otherwise provided in the next succeeding sentence and
Sections 6.06(e) and 6.07, all distributions made to the Class 1A
Certificateholders, Class 2A Certificateholders or Class R Certificateholders as
a Class on each Remittance Date will be made on a pro rata basis among the
Certificateholders of record of the respective Class on the immediately
preceding Record Date, based on the Percentage Interest represented by their
respective Certificates, and shall be made by wire transfer of immediately
available funds to the
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account of such Certificateholder at a bank or other entity having appropriate
facilities therefor, if such Certificateholder shall own of record (i) any Class
R Certificate, or (ii) any Class A Certificate with an initial related Class A
Principal Balance in excess of $5,000,000 appearing in the Certificate Register
and shall have provided timely and complete wiring instructions, and otherwise
by check mailed to the address of such Certificateholder appearing in the
Certificate Register. The final distribution on each Certificate will be made in
the manner, but only upon presentment and surrender of such Certificate at the
location specified in the notice to Certificateholders of such final
distribution.
(e) Each distribution with respect to a Book-Entry Certificate shall be
paid to the Depository, which shall credit the amount of such distribution to
the accounts of its Depository Participants in accordance with its normal
procedures. Each Depository Participant shall be responsible for disbursing such
distribution to the Certificate Owners that it represents and to each indirect
participating brokerage firm (a "brokerage firm" or "indirect participating
firm") for which it acts as agent. Each brokerage firm shall be responsible for
disbursing funds to the Certificate Owners that it represents. All such credits
and disbursements with respect to a Book-Entry Certificate are to be made by the
Depository and the Depository Participants in accordance with the provisions of
the Class A Certificates. None of the Trustee, the Certificate Registrar, the
Depositor nor the Servicer shall have any responsibility therefor except as
otherwise provided by applicable law.
To the extent applicable and not contrary to the rules of the Depository,
the Trustee shall comply with the provisions of the form of the respective Class
A Certificate as set forth in Exhibits B-1 and B-2.
Section 6.07 Insufficiency of Amount Available or Net Excess Amount
Available.
If as of any Remittance Date the Amount Available, if such Remittance Date
is prior to the Cross-Over Date, or the related Net Excess Amount Available plus
that additional portion of the Amount Available constituting Excess Spread
available to pay the related Class A Interest Remittance Amount with respect to
the related Class of Class A Certificates pursuant to Section 6.06(c)(A)(Y)(i)
with respect to Group 1 and Section 6.06(c)(B)(Y)(i) with respect to Group 2
above, if such Remittance Date is on or after the Cross-Over Date, is
insufficient to pay the related Class A Certificateholders the related Class A
Interest Remittance Amount, then the related Amount Available or related Net
Excess Amount Available, plus that additional portion of the related Amount
Available constituting Excess Spread with respect to the related Group available
to pay the related Class A Interest Remittance Amount with respect to the
related Class of Class A Certificates pursuant to Section 6.06(c)(A)(Y)(i) with
respect to Group 1, and Section 6.06(c)(B)(Y)(i) with respect to Group 2 above,
as the case may be, shall be distributed by the Trustee to the related Class A
Certificateholders (including the Certificate Insurer as subrogee thereof) as
follows, with respect to each Group: first, to the extent of the related Class A
Remittance Amount with respect to the related Class of Class A Certificates
exclusive of that portion of the related Class A Carry-Forward Amount
representing amounts previously covered by Insured Payments with respect to the
related Group or interest accrued in respect of such
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Insured Payments, in proportion to the amount of interest that would have been
distributed to such related Class A Certificateholder absent such shortfall; and
second, that portion of the related Class A Carry-Forward Amount representing
amounts previously covered by Insured Payments with respect to the related Group
or interest accrued in respect of such Insured Payments with respect to the
related Group, in proportion to the amount of interest that would have been
distributed to such related Class A Certificateholder absent such shortfall.
Section 6.08 Statements.
On or before 10:00 a.m. New York City time on the Determination Date, the
Servicer shall deliver to the Certificate Insurer and the Trustee, by telecopy,
the receipt and legibility of which shall be confirmed telephonically, with hard
copy thereof (and in the case of the remittance report referenced below, such
report to the Trustee in computer readable magnetic tape, electronic data file
or equivalent form) to be delivered on the following Business Day, a certificate
signed by a Servicing Officer and the Servicer's Monthly Remittance Report
substantially in the form attached hereto as Exhibit Q (together, the
"Servicer's Certificate") stating the date (day, month and year), the series
number of the Certificates, the date of this Agreement, and the following
information with respect to each Group:
(i) The Available Remittance Amount for the related Remittance Date
and any portion thereof that has been deposited in the related Certificate
Account but, pursuant to an order of a United States bankruptcy court of
competent jurisdiction imposing a stay pursuant to Section 362 of the
United States Bankruptcy Code, may not be withdrawn therefrom, the Amount
Available with respect to each Group and the Net Excess Amount Available
with respect to each Group;
(ii) The Class 1A Principal Balance, the Class 2A Principal Balance
and the related Group Principal Balance as reported in the prior Servicer's
Certificate pursuant to subclause (xii) below, or, in the case of the first
Determination Date, the Original Class 1A Principal Balance and the
Original Class 2A Principal Balance;
(iii) The number and Principal Balances of all Mortgage Loans which
were the subject of Principal Prepayments during the related Due Period;
(iv) The amount of all Curtailments which were received during the Due
Period;
(v) The combined aggregate amount of (i) all Excess Payments and (ii)
the principal portion of all Monthly Payments received during the related
Due Period;
(vi) The amount of interest received on the Mortgage Loans;
(vii) The amount of the Monthly Advances to be made on the
Determination Date, the Compensating Interest payment to be made on the
Determination Date, the related Interest Coverage Addition, if any, to be
made on the Remittance Date
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and the amount to be deposited into the related Certificate Account from
funds on deposit in the related Reserve Account pursuant to Section 6.14(c)
on the Remittance Date;
(viii) The delinquency and foreclosure information calculated as of
the end of the month preceding the Determination Date set forth in the form
attached hereto as Exhibit N;
(ix) The Class A Principal Remittance Amount, the Class 1A Interest
Remittance Amount, the Class 2A Interest Remittance Amount and for the
related Remittance Date with the components thereof stated separately and
the portion of the Class A Principal Remittance Amount to be distributed to
the Class 1A Certificateholders and the Class 2A Certificateholders,
respectively;
(x) With respect to each Group, (a) the amount of the Insured Payment,
if any, to be made on the related Remittance Date, separately identified
with respect to the Class 1A Certificates and the Class 2A Certificates,
(b) the amount, if any, of previously unreimbursed Insured Payments, and
(c) the aggregate portion of the amounts described in clause (ix) above
that represents unpaid interest accrued in respect of Insured Payments in
accordance with the definition of Class A CarryForward Amount;
(xi) The amount to be distributed to the Class R Certificateholders
for the Remittance Date;
(xii) The Class 1A Principal Balance with respect to each Class of
Class 1A Certificates, the Class 2A Principal Balance and the related Group
Principal Balances after giving effect to the distribution to be made on
the related Remittance Date;
(xiii) With respect to each Group, the weighted average maturity and
the weighted average Mortgage Rate;
(xiv) The Servicing Fees and the amounts to be paid to the Certificate
Insurer as the Monthly Premium pursuant to Section 6.02(i) above and to the
related Trustee Expense Account pursuant to Section 6.03;
(xv) The amount of all payments or reimbursements to the Servicer
pursuant to Section 5.04 (ii), (iv), (vi) and (ix) above and the amounts,
if any, withdrawn pursuant to 5.04 (v) and (vii) above;
(xvi) The related Group Factor determined using the related Group
Principal Balance in subclause (xii) above, computed to seven (7) decimal
places;
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(xvii) With respect to each Group, the Excess Spread to be deposited
in the related Certificate Account pursuant to Section 6.01(iii) above;
(xviii) With respect to each Group, (a) the allocation of Excess
Spread to be distributed pursuant to Section 6.06(c) above to Class 1A and
Class 2A Certificateholders, to the Servicer and/or Depositor as
Reimbursable Amounts, to the Servicer as Nonrecoverable Advances and to the
Class R Certificateholders and (b) the Available Funds Cap Carry Forward
Amount for the immediately preceding Remittance Date;
(xix) With respect to each Group, the sum of all Realized Losses since
the Closing Date, the Subordinated Amount as of such Remittance Date, and
the Unrecovered Class A Portion if any;
(xx) The amounts which are reimbursable to the Servicer or the
Depositor, as appropriate, pursuant to Sections 6.02, 6.03(c), 6.04 and
6.06(c) above;
(xxi) With respect to each Group, the number of Mortgage Loans at the
beginning and at the end of the related Due Period;
(xxii) If the related Remittance Date is the final Remittance Date in
connection with the purchase by the Servicer of all the Mortgage Loans and
REO Properties of the related Group pursuant to Section 11.01, the
Termination Price;
(xxiii) With respect to each Group, for the September 25, 1998
Remittance Date, the balance of the related Pre-Funded Amount that has not
been used to purchase Subsequent Mortgage Loans and that is being
distributed to the related Class of Class A Certificateholders as a
mandatory prepayment of principal, if any, on such Remittance Date pursuant
to the last paragraph of Section 6.06(c) above;
(xxiv) With respect to each Group, the Overcollateralization Amount
after giving effect to the distribution of the related Class A Principal
Remittance Amount on such Remittance Date, the Required
Overcollateralization Amount for such Remittance Date and the amount of the
related Additional Principal to be distributed on such Remittance Date;
(xxv) The amount on deposit in the Reserve Accounts for such
Remittance Date and the amount, if any, to be released to the Class R
Certificateholders from the Reserve Accounts pursuant to Section 6.14(c);
(xxvi) Such other information as the Certificate Insurer and the
Certificateholders may reasonably request and which is produced or
available in the ordinary course of the Servicer's business; and
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(xxvii) The aggregate unpaid principal balance of all delinquent
Mortgage Loans repurchased by the Servicer on any Determination Date and
cumulatively since the Closing Date pursuant to Section 5.11.
The Trustee shall forward copies of such Servicer's Certificate to the
Certificateholders and Moody's on the Remittance Date. All reports prepared by
the Trustee of such withdrawals and deposits will be based in whole or in part
upon the information provided to the Trustee by the Servicer, and the Trustee
may fully rely upon and shall have no liability with respect to such information
provided by the Servicer.
To the extent that there are inconsistencies between the telecopy of the
Servicer's Certificate and the hard copy thereof, the Trustee shall be entitled
to rely upon the telecopy.
In the case of information furnished pursuant to subclauses (ii), (iii),
(iv), (v), (ix), (x) and (xii) above, the amounts shall be expressed in a
separate section of the report as a dollar amount for each Class per $1,000
original dollar amount as of the Cut-off Date, in the case of such information
relevant to Class A Certificateholders.
(a) Within a reasonable period of time after the end of each calendar year,
the Servicer shall furnish to the Trustee for distribution to each Person who at
any time during the calendar year was a Class A Certificateholder, if requested
in writing by such Person, such information as is reasonably necessary to
provide to such Person a statement containing the information set forth in
subclauses (vi), (ix) and (xiv) above, aggregated for such calendar year or
applicable portion thereof during which such Person was a Certificateholder.
Such obligation of the Servicer shall be deemed to have been satisfied to the
extent that substantially comparable information shall be provided by the
Servicer to the Trustee or the Certificateholders pursuant to any requirements
of the Code as from time to time are in force.
(b) On each Remittance Date, the Trustee shall forward to the Class R
Certificateholders a copy of the reports forwarded to the Class A
Certificateholders in respect of such Remittance Date and a statement setting
forth the amounts actually distributed to the Class R Certificateholders on such
Remittance Date together with such other information as the Servicer deems
necessary or appropriate.
(c) Within a reasonable period of time after the end of each calendar year,
the Servicer shall furnish to the Trustee for distribution to each Person who at
any time during the calendar year was a Class R Certificateholder, if requested
in writing by such Person, such information as is reasonably necessary to
provide to such Person a statement containing the information provided pursuant
to the previous paragraph aggregated for such calendar year or applicable
portion thereof during which such Person was a Class R Certificateholder. Such
obligation of the Servicer shall be deemed to have been satisfied to the extent
that substantially comparable information shall be provided by the Servicer to
the Trustee or the Certificateholders pursuant to any requirements of the Code
as from time to time in force.
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(d) Upon reasonable advance notice in writing, the Servicer will provide to
each Class A Certificateholder which is a savings and loan association, bank or
insurance company access to information and documentation regarding the Mortgage
Loans sufficient to permit such Class A Certificateholders to comply with
applicable regulations of the FDIC or other regulatory authorities with respect
to investment in the Class A Certificates.
(e) The Servicer shall furnish to each Certificateholder, during the term
of this Agreement, such periodic, special, or other reports or information,
whether or not provided for herein, as shall be necessary, reasonable, or
appropriate with respect to the Certificateholder, or otherwise with respect to
the purposes of this Agreement, all such reports or information to be provided
by and in accordance with such applicable instructions and directions as the
Certificateholder may reasonably require; provided, that the Servicer shall be
entitled to be reimbursed by such Certificateholder for the Servicer's actual
expenses incurred in providing such reports, if such reports are not generally
produced in the ordinary course of the Servicer's business.
(f) Reports and computer tapes furnished by the Servicer pursuant to this
Agreement shall be deemed confidential and of proprietary nature, and shall not
be copied or distributed except in connection with the purposes and requirements
of this Agreement. No Person entitled to receive copies of such reports or tapes
shall use the information therein for the purpose of soliciting the customers of
the Depositor or for any other purpose except as set forth in this Agreement.
(g) Within a reasonable period of time after the Closing Date, the Servicer
will provide to the Certificate Insurer, or its designee, a computer tape or
electronic transmission (a "Data Tape"), in a format and containing such of the
servicing data maintained by the Servicer with respect to the Mortgage Loans as
of the Cut-off Date as shall be mutually agreed to by the Servicer and the
Certificate Insurer (but in any event the Data Tape shall contain the Servicer's
Monthly Remittance Report and such other information as the Certificate Insurer
may reasonably request), together with a written explanation (the "Data
Dictionary") of each of the data fields included in such Data Tape. Thereafter,
on a monthly basis, the Servicer will provide to the Certificate Insurer, or its
designee, a Data Tape as of the end of the preceding Due Period, together with a
written explanation of any revisions made to the Data Dictionary during the
preceding Due Period. The Certificate Insurer shall have no duty or obligation
with respect to the accuracy of the information contained in any Data Tape or in
the Data Dictionary.
Section 6.09 Advances by the Servicer.
Not later than 4:00 p.m. New York time on the Determination Date, the
Servicer shall remit to the Trustee for deposit in the related Certificate
Account an amount (as indicated in the Servicer's Certificate prepared pursuant
to Section 6.08 above), to be distributed on the related Remittance Date
pursuant to Section 6.06 above, equal to the sum of, with respect to each Group
(a) the interest portions of the aggregate amount of Monthly Payments due but
not received during the related Due Period (net of the Servicing Fee, the Annual
Trustee Expense Amount and, after the Cross-Over Date, the Excess Spread with
respect to the related Group), plus (b) with respect
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to each REO Property with respect to the related Group, which was acquired
during or prior to the related Due Period and as to which an REO Disposition did
not occur during the related Due Period, an amount equal to the excess, if any,
of interest on the Principal Balance of such REO Property at the related
Mortgage Rate (net of the Servicing Fee, the Annual Trustee Expense Amount and,
after the Cross-Over Date, the Excess Spread with respect to the related Group)
for the most recently ended calendar month over the net income from the REO
Property transferred to the Principal and Interest Account with respect to the
related Group during the related Due Period pursuant to Section 5.10 above, plus
(c) with respect to a Mortgage Loan with a delinquent Balloon Payment, an amount
equal to the assumed interest portion of the aggregate amount of the Monthly
Payment that would have been due on the related Due Period (net of the Servicing
Fee, the Annual Trustee Expense Amount and, after the Cross-Over Date, the
Excess Spread with respect to the related Group) based on the original
amortization schedule for such Mortgage Loan, plus (d) with respect to each
Remittance Date, the amount necessary on the first, second, third, and fourth
Remittance Dates to pay 30 days' interest with respect to each non-delinquent
Mortgage Loan (net of the Servicing Fee and the Annual Trustee Expense Amount),
plus (e) with respect to each Remittance Date, if pursuant to Section 5.04(ii)
above the Servicer has previously reimbursed itself for a Monthly Advance made
pursuant to Section 6.09(c) or Section 6.09(d) above, then an amount equal to
such amount previously reimbursed, such sum being defined herein as the "Monthly
Advance". In lieu of making all or a portion of such Monthly Advance from its
own funds, the Servicer may (i) cause to be made an appropriate entry in its
records relating to the Principal and Interest Account with respect to the
related Group that any amount held in the Principal and Interest Account with
respect to the related Group, and not required for distribution on the
immediately succeeding Remittance Date has been used by the Servicer in
discharge of its obligation to make any such Monthly Advance and (ii) transfer
such funds from the Principal and Interest Account with respect to the related
Group, to the related Certificate Account. Any funds so applied and transferred
shall be replaced by the Servicer by deposit in the related Principal and
Interest Account no later than the close of business on the Business Day
immediately preceding the Remittance Date on which such funds are required to be
distributed pursuant to this Agreement. The Servicer may reimburse itself
pursuant to Section 5.04 above for Monthly Advances made from its own funds.
Notwithstanding the foregoing, the Monthly Advance required on the first
Remittance Date by Section 6.09(d) above shall be mandatory, and each successive
Monthly Advance pursuant to Section 6.09(d) and Section 6.09(e) above shall be
made if and to the extent the Servicer has reimbursed itself for amounts
previously advanced pursuant to such Sections 6.09(d) and 6.09(e), as the case
may be.
Section 6.10 Compensating Interest.
Not later than the close of business on each Determination Date, with
respect to each Mortgage Loan for which a Principal Prepayment or Curtailment
was received during the related Due Period, the Servicer shall remit to the
Trustee for deposit in the related Certificate Account from amounts otherwise
payable to it as Servicing Compensation (as indicated in the Servicer's
Certificate prepared pursuant to Section 6.08 above), an amount equal to the
difference between (a) 30 days' interest on the Principal Balance of each such
Mortgage Loan (other than a Periodic Payment Loan) or 28 days interest on the
Principal Balance of each such Periodic Payment Loan immediately following the
Remittance Date in the related Due Period at the
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Mortgage Rate, net of the Servicing Fee and the Annual Trustee Expense Amount,
and after the related Cross-Over Date, the Excess Spread with respect to the
related Group, and (b) the amount of interest actually received on each such
Mortgage Loan for such Due Period, net of the Servicing Fee, the Annual Trustee
Expense Amount, and after the related Cross-Over Date, the Excess Spread with
respect to the related Group.
Section 6.11 [Reserved].
Section 6.12 Pre-Funding Account.
(a) With respect to each Group and no later than the Closing Date, the
Trustee shall establish one or more segregated trust accounts that are Eligible
Accounts, which shall be titled, with respect to Group 1, "Group 1 Pre-Funding
Account, LaSalle National Bank, as trustee for the registered holders of AFC
Mortgage Loan Asset Backed Certificates, Series 1998-2" and with respect to
Group 2, "Group 2 Pre-Funding Account, LaSalle National Bank, as trustee for the
registered holders of AFC Mortgage Loan Asset Backed Certificates, Series
1998-2". The Trustee shall, promptly upon receipt, deposit in the related
Pre-Funding Account and retain therein the Original Pre-Funded Amount with
respect to the related Group remitted on the Closing Date to the Trustee by the
Depositor. At no time will any Pre-Funding Account be an asset of the Trust Fund
REMIC. All income and gain realized from investment of funds deposited in each
Pre-Funding Account shall be for the sole and exclusive benefit of the Depositor
and shall be remitted by the Trustee to the Depositor on the first Business Day
following each Remittance Date. The Depositor shall deposit in the related
Pre-Funding Account the amount of any net loss incurred in respect of any such
Permitted Investments upon realization of such loss.
(b) Amounts on deposit in the related Pre-Funding Account shall be
withdrawn by the Trustee as follows:
(i) On any Subsequent Transfer Date, the Trustee, upon written
direction from the Depositor, shall withdraw from the related Pre-Funding
Account an amount equal to 100% of the Principal Balances of the Subsequent
Mortgage Loans with respect to the related Group transferred and assigned
to the Trustee on such Subsequent Transfer Date and pay such amount to or
upon the order of the Depositor upon satisfaction of the conditions with
respect to such transfer and assignment set forth in Section 2.10(b) above
with respect to all Subsequent Mortgage Loans, Section 2.10(c) with respect
to Group 1 Subsequent Mortgage Loans and Section 2.10(d) with respect to
Group 2 Subsequent Mortgage Loans;
(ii) If the related Pre-Funded Amount has not been reduced to zero
during the Funding Period, on the September 25, 1998 Remittance Date, the
Trustee shall effect the distributions described in the last paragraph of
Section 6.06(c) above and remit any remaining balance to the Depositor;
and also, in no particular order of priority:
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(iv) to withdraw any amount not required to be deposited in the
related Pre-Funding Account or deposited therein in error;
(v) to withdraw investment earnings; and
(vi) to clear and terminate the related Pre-Funding Account upon the
earliest to occur of (A) the September 25, 1998 Remittance Date, (B) the
termination of this Agreement and (C) the termination of the related Group,
with any amounts remaining on deposit therein being paid to the Class R
Certificateholders.
Section 6.13 Interest Coverage Account.
(a) With respect to each Group and no later than the Closing Date, the
Trustee shall establish and maintain with itself a separate, segregated trust
account, which shall be an Eligible Account, titled, with respect to Group 1,
"Group 1 Interest Coverage Account, LaSalle National Bank, as trustee for the
registered holders of AFC Mortgage Loan Asset Backed Certificates, Series
1998-2", and with respect to Group 2, "Group 2 Interest Coverage Account,
LaSalle National Bank, as trustee for the registered holders of AFC Mortgage
Loan Asset Backed Certificates, Series 1998-2." The Trustee shall, promptly upon
receipt, deposit in the related Interest Coverage Account and retain therein the
related Interest Coverage Amount remitted on the Closing Date or any Subsequent
Transfer Date to the Trustee by the Depositor. Funds deposited in the related
Interest Coverage Account shall be held in trust by the Trustee for the
Certificateholders for the uses and purposes set forth herein. For federal
income tax purposes, the Depositor shall be the owner of the related Interest
Coverage Account and shall report all items of income, deduction, gain or loss
arising therefrom. At no time will any Interest Coverage Account be an asset of
the Trust Fund REMIC. All income and gain realized from investment of funds
deposited in each Interest Coverage Account shall be for the sole and exclusive
benefit of the Depositor and shall be remitted by the Trustee to the Depositor
on the first Business Day following each Remittance Date. The Depositor shall
deposit in the related Interest Coverage Account the amount of any net loss
incurred in respect of any such Permitted Investment immediately upon
realization of such loss.
(b) With respect to each Group and on the July 27, 1998 Remittance Date,
the Trustee shall withdraw from the related Interest Coverage Account and
deposit in the related Certificate Account an amount, as provided in the
Servicer's Monthly Remittance Report, equal to the sum of (A) (i) 30 days'
interest on the related Original Pre-Funded Amount calculated at an annual rate
equal to 10.5930% with respect to Group 1 and 10.2439% with respect to Group 2
minus (ii) the sum of (1) interest payments received on Subsequent Mortgage
Loans with respect to the related Group during the related Due Period and (2)
Monthly Advances in respect of interest portions of delinquent Monthly Payments
on Subsequent Mortgage Loans with respect to the related Group conveyed to the
Trustee during the related Due Period and (B) the interest portion of any
Deferred Payments that would otherwise be due during the related Due Period.
(c) With respect to each Group and on the August 25, 1998 Remittance Date,
the Trustee shall withdraw from the related Interest Coverage Account and
deposit in the related
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Certificate Account an amount, as provided in the Servicer's Monthly Remittance
Report, equal to the sum of (A) (i) 30 days' interest on the related Original
Pre-Funded Amount minus the aggregate Principal Balance of Subsequent Mortgage
Loans conveyed to the Trustee having a Due Date prior to July 1, 1998 at an
annual rate equal to 10.5930% with respect to Group 1, and 10.2439% with respect
to Group 2 minus (ii) the sum of (1) interest payments received on Subsequent
Mortgage Loans conveyed to the Trustee during the related Due Period and (2)
Monthly Advances in respect of interest portions of delinquent Monthly Payments
on Subsequent Mortgage Loans with respect to the related Group conveyed to the
Trustee during the related Due Period and (B) the interest portion of any
Deferred Payment that would otherwise be due during the related Due Period.
(d) With respect to each Group and on the September 25, 1998 Remittance
Date, the Trustee shall withdraw from the related Interest Coverage Account and
deposit in the related Certificate Account an amount, as provided in the
Servicer's Monthly Remittance Report, equal to the sum of (A) (i) 30 days'
interest on the related Original Pre-Funded Amount minus the aggregate Principal
Balance of Subsequent Mortgage Loans conveyed to the Trustee having a Due Date
prior to July 1, 1998 at an annual rate equal to 10.5930% with respect to Group
1 and 10.2439% with respect to Group 2 minus (ii) the sum of (1) interest
payments received on Subsequent Mortgage Loans conveyed to the Trustee during
the related Due Period and (2) Monthly Advances in respect of interest portions
of delinquent Monthly Payments on Subsequent Mortgage Loans with respect to the
related Group conveyed to the Trustee during the related Due Period and (B) the
interest portion of any Deferred Payment that would otherwise be due during the
related Due Period.
(e) With respect to each Group and on the date of conveyance of a
Subsequent Mortgage Loan to the Trustee, excess funds on deposit in the related
Interest Coverage Account in an amount equal to the product of (i) the Principal
Balance of such Subsequent Mortgage Loan and (ii) 10.5930% with respect to Group
1 and 10.2439% with respect to Group 2 and (iii) a fraction, the numerator of
which is the number of days from the Subsequent Transfer Date to September 25,
1998 and the denominator of which is 360 days, shall be remitted immediately to
the Depositor.
(f) With respect to each Group and upon the earlier of (i) the September
25, 1998 Remittance Date, (ii) the reduction of the Class 1A Principal Balance
or the Class 2A Principal Balance to zero, (iii) the termination of this
Agreement in accordance with Section 11.01, (iv) the date of the conveyance of
the last Subsequent Mortgage Loan to the Trustee, as set forth in a written
letter of instruction by the Servicer to the Trustee, or (v) termination of the
related Group, any amount remaining on deposit in the related Interest Coverage
Account after distributions pursuant to Sections 6.13(b), 6.13(c) and 6.13(d)
above and any transfers pursuant to Section 6.14(a) shall be withdrawn by the
Trustee and paid to the Depositor.
Section 6.14 Reserve Account.
(a) If necessary, with respect to each Group and no later than September
24, 1998, the Depositor or the Certificate Insurer may instruct the Trustee in
writing to establish and
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maintain with itself a separate, segregated trust account, which shall be an
Eligible Account, titled, with respect to Group 1, "Group 1 Reserve Account,
LaSalle National Bank, as trustee for the registered holders of AFC Mortgage
Loan Asset Backed Certificates, Series 1998-2" and with respect to Group 2,
"Group 2 Reserve Account, LaSalle National Bank, as trustee for the registered
holders of AFC Mortgage Loan Asset Backed Certificates, Series 1998-2." The
Trustee shall, (i) in accordance with the written instructions of the Depositor,
if any, promptly transfer from the related Interest Coverage Account and deposit
in and retain in the related Reserve Account, the Reserve Account Interest
Deposit equal to the interest portion of any Deferred Payments that would
otherwise be due after September 23, 1998, which amount shall be set forth in
such instructions and (ii) in accordance with the Insurance Agreement Supplement
(as defined in the Insurance Agreement), promptly upon receipt, deposit in and
retain in the related Reserve Account the Required Reserve Account Amount
remitted to the Trustee by the Class R Certificateholder. Funds deposited in the
related Reserve Account shall be held in trust by the Trustee for the
Certificateholders for the uses and purposes set forth herein.
(b) Each Reserve Account will be an asset of the Trust Fund REMIC and will
be treated as a "qualified reserve fund" within the meaning of Treasury
regulations Section 1.860G-2(g)(2). Amounts on deposit in the related Reserve
Account shall not be invested.
(c) With respect to each Group and on and after the September 25, 1998
Remittance Date, amounts, if any, on deposit in the related Reserve Account
shall be withdrawn on each Remittance Date by the Trustee to be applied, at the
written direction of the Servicer, as follows:
(i)(A) to deposit in the Group 1 or Group 2 Certificate Account, as
applicable, an amount equal to the interest portion of any related Deferred
Payment that would otherwise be due during the related Due Period, (B) to
deposit in the Group 1 Certificate Account, an amount equal to the excess
of the sum of the related Class A Remittance Amount with respect to the
Class 1A Certificates for such Remittance Date over the Available
Remittance Amount with respect to Group 1 for such Remittance Date after
any applications of Excess Spread and (C) to deposit in the Group 2
Certificate Account, an amount equal to the excess of the sum of the
related Class A Remittance Amount with respect to the Class 2A Certificates
for such Remittance Date over the Available Remittance Amount with respect
to Group 2 for such Remittance Date after any applications of Excess
Spread;
(ii) to release to the Class R Certificateholders, on each Remittance
Date on which the sum of the Overcollateralization Amount for a Group and
the amount on deposit in the related Reserve Account exceeds the Required
Overcollateralization Amount for such Group, the lesser of (A) the amount,
if any, remaining in the Reserve Account and (B) such excess, after giving
effect to all payments to be made on the related Class A Certificates on
such Remittance Date;
and also, in no particular order of priority:
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(iii) to invest amounts on deposit in the related Reserve Account in
Permitted Instruments pursuant to Section 6.05 above; and
(iv) to clear and terminate the related Reserve Account upon
termination of this Agreement with any amounts on deposit therein being
paid to the Class R Certificateholders.
(d) Upon the earlier to occur of the Cross-Over Date with respect to the
related Group or the Remittance Date on which all amounts due have been paid to
the related Class A Certificateholders, including the Certificate Insurer as
subrogee of the Class A Certificateholders, the Trustee, after making any
withdrawals from the related Reserve Account required pursuant to Section
6.14(c) above, shall clear and terminate the related Reserve Account, liquidate,
upon the written direction of the Class R Certificateholders holding an
aggregate Percentage Interest equal to at least 51%, any investments therein,
and pay any uninvested funds therein or the proceeds of such liquidation to the
Class R Certificateholders.
Section 6.15 [Reserved]
Section 6.16 Compliance with Withholding Requirements.
Notwithstanding any other provision of this Agreement, the Trustee shall
comply with all federal withholding requirements respecting payments to
Certificateholders of interest or original issue discount that the Trustee
reasonably believes are applicable under the Code. The consent of
Certificateholders shall not be required for such withholding. In the event the
Trustee does withhold any amount from interest or original issue discount
payments or advances thereof to any Certificateholder pursuant to federal
withholding requirements, the Trustee shall indicate the amount withheld to such
Certificateholders.
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ARTICLE VII
GENERAL SERVICING PROCEDURE
Section 7.01 Assumption Agreements.
When a Mortgaged Property has been or is about to be conveyed by the
Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance
or prospective conveyance, exercise its rights to accelerate the maturity of the
related Mortgage Loan under any "due-on-sale" clause contained in the related
Mortgage or Mortgage Note; provided, however, that the Servicer shall not
exercise any such right if the "due-on-sale" clause, in the reasonable belief of
the Servicer, is not enforceable under applicable law. In such event, the
Servicer shall enter into an assumption and modification agreement with the
person to whom such property has been or is about to be conveyed, pursuant to
which such person becomes liable under the Mortgage Note and, unless prohibited
by applicable law or the Mortgage Documents, the Mortgagor remains liable
thereon. The Servicer is also authorized with the prior approval of the
Certificate Insurer to enter into a substitution of liability agreement with
such person, pursuant to which the original Mortgagor is released from liability
and such person is substituted as Mortgagor and becomes liable under the
Mortgage Note. The Servicer shall notify the Trustee and the Certificate Insurer
that any such substitution or assumption agreement has been completed by
forwarding to the Trustee the original of such substitution or assumption
agreement and a duplicate thereof to the Certificate Insurer, which original
shall be added by the Trustee to the related Trustee's Mortgage File and shall,
for all purposes, be considered a part of such Trustee's Mortgage File to the
same extent as all other documents and instruments constituting a part thereof.
In connection with any assumption or substitution agreement entered into
pursuant to this Section 7.01, the Servicer shall not change the Mortgage Rate
or the Monthly Payment, defer or forgive the payment of principal or interest,
reduce the outstanding principal amount or extend the final maturity date on
such Mortgage Loan. Any fee collected by the Servicer for consenting to any such
conveyance or entering into an assumption or substitution agreement shall be
retained by or paid to the Servicer as additional Servicing Compensation.
Notwithstanding the foregoing paragraph or any other provision of this
Agreement, the Servicer shall not be deemed to be in default, breach or any
other violation of its obligations hereunder by reason of any assumption of a
Mortgage Loan by operation of law or any assumption which the Servicer may be
restricted by law from preventing, for any reason whatsoever.
Section 7.02 Satisfaction of Mortgages and Release of Mortgage Files.
The Servicer shall not grant a satisfaction or release of a Mortgage
without having obtained payment in full of the indebtedness secured by the
Mortgage or otherwise prejudice any right the Certificateholders may have under
the mortgage instruments subject to Section 5.01 above. The Servicer shall
maintain the Fidelity Bond as provided for in Section 5.09 above insuring the
Servicer against any loss it may sustain with respect to any Mortgage Loan not
satisfied in accordance with the procedures set forth herein.
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Upon the payment in full of any Mortgage Loan, or the receipt by the
Servicer of a notification that payment in full will be escrowed in a manner
customary for such purposes, the Servicer will immediately notify the Trustee
(if it holds the related Trustee's Mortgage File) or the Custodian, as the case
may be, by an Officers' Certificate in the form of Exhibit I attached hereto
(which certification shall include a statement to the effect that all amounts
received or to be received in connection with such payment which are required to
be deposited in the Principal and Interest Account pursuant to Section 5.03
above have been or will be so deposited) of a Servicing Officer and shall
request delivery to it of the Trustee's Mortgage File. Upon receipt of such
certification and request, the Trustee or such Custodian, as the case may be,
shall promptly release the related Trustee's Mortgage File to the Servicer.
Expenses incurred in connection with any instrument of satisfaction or deed of
reconveyance shall be payable only from and to the extent of Servicing
Compensation with respect to the related Group and shall not be chargeable to
the related Principal and Interest Account or the related Certificate Account.
With respect to any Mortgage Note released by the Trustee to the Servicer
or to any Subservicer in accordance with the terms of this Agreement, other than
a release or satisfaction pursuant to the second paragraph of this Section 7.02,
prior to such release, the Trustee shall (a) complete all endorsements in blank
so that the endorsement reads "Pay to the order of LaSalle National Bank, as
Trustee under the Pooling and Servicing Agreement, dated as of June 1, 1998,
Series 1998-2" and (b) complete a restrictive endorsement that reads "LaSalle
National Bank is the holder of the mortgage note for the benefit of the
Certificateholders under the Pooling and Servicing Agreement, dated as of June
1, 1998, Series 1998-2" with respect to those Mortgage Notes currently endorsed
"Pay to the order of holder", if any.
From time to time and as appropriate for the servicing or foreclosure of
any Mortgage Loan, including, for this purpose, collection under any primary
mortgage guaranty insurance policy, the Trustee shall, upon request of the
Servicer and delivery to the Trustee of a certification in the form of Exhibit I
attached hereto signed by a Servicing Officer, release the related Trustee's
Mortgage File or any document therein to the Servicer, and the Trustee shall
execute such documents as shall be necessary to the prosecution of any such
proceedings. Such servicing receipt shall obligate the Servicer to return the
Trustee's Mortgage File or any document released therefrom to the Trustee when
the need therefor by the Servicer no longer exists, unless the Mortgage Loan has
been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan
have been deposited in the Principal and Interest Account with respect to each
Group, and remitted to the Trustee for deposit in the related Certificate
Account or the Trustee's Mortgage File or such document has been delivered to an
attorney, or to a public trustee or other public official as required by law,
for purposes of initiating or pursuing legal action or other proceedings for the
foreclosure of the Mortgaged Property either judicially or non-judicially, and
the Servicer has delivered to the Trustee a certificate of a Servicing Officer
certifying as to the name and address of the Person to which such Trustee's
Mortgage File or such document was delivered and the purpose or purposes of such
delivery. Upon receipt of a certificate of a Servicing Officer stating that such
Mortgage Loan was liquidated, the servicing receipt shall be released by the
Trustee to the Servicer.
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The Trustee shall execute and deliver to the Servicer any court pleadings,
requests for trustee's sale in respect of a Mortgaged Property or to any legal
action brought to obtain judgment against any Mortgagor on the Mortgage Note or
Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or
rights provided by the Mortgage Note or Mortgage or otherwise available at law
or in equity. Together with such documents or pleadings, the Servicer shall
deliver to the Trustee a certificate of a Servicing Officer requesting that such
pleadings or documents be executed by the Trustee and certifying as to the
reason such documents or pleadings are required and that the execution and
delivery thereof by the Trustee will not invalidate or otherwise affect the lien
of the Mortgage, except for the termination of such a lien upon completion of
the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written
request from a Servicing Officer, execute any document provided to the Trustee
by the Servicer or take any other action requested in such request that is, in
the opinion of the Servicer as evidenced by such request, required by any state
or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction
thereof and the Trustee will sign and post, but will not guarantee receipt of,
any such documents to the Servicer, or such other party as the Servicer may
direct, within five Business Days, or more promptly if needed, of the Trustee's
receipt of such certificate or documents. Such certificate or documents shall
establish to the Trustee's satisfaction that the related Mortgage Loan has been
paid in full by or on behalf of the Mortgagor and that such payment has been
deposited in the Principal and Interest Account.
Section 7.03 Servicing Compensation.
As compensation for its services under this Agreement, subject to Section
5.03 and Section 6.10 (pursuant to which Servicing Compensation is reduced), the
Servicer shall be entitled to withdraw from the Principal and Interest Account
with respect to the related Group or to retain from interest payments on the
Mortgage Loans, the Servicer's Servicing Fee. Additional servicing compensation
in the form of assumption and other administrative fees, interest paid on funds
on deposit in the Principal and Interest Accounts, interest paid and earnings
realized on Permitted Instruments in the Principal and Interest Accounts,
Certificate Accounts and Trustee Expense Accounts, amounts remitted pursuant to
Sections 6.03(c)(iii), 6.04 and 7.01 above, late payment charges and Excess
Proceeds shall be retained by or remitted to the Servicer to the extent not
required to be remitted to the Trustee for deposit in the Certificate Accounts.
The Servicer shall be required to pay all expenses incurred by it in connection
with its servicing activities hereunder and shall not be entitled to
reimbursement therefor except as specifically provided for herein. The
Depositor's Yield is the property of the Depositor, and not the property of the
Servicer, and such ownership shall not be affected by any termination of the
Servicer.
Section 7.04 Annual Statement as to Compliance.
The Servicer will deliver to the Certificate Insurer, the Trustee, S&P,
Moody's, Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan
Securities Inc., not later than the last day of the fourth month following the
end of the Servicer's fiscal year, beginning for the fiscal year ending June 30,
1999, an Officer's Certificate stating that (i) the Servicer has fully complied
with the provisions of Articles V and VII, (ii) a review of the activities of
the Servicer during the preceding fiscal year and of performance under this
Agreement has been made under
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such officer's supervision, and (iii) to the best of such officers' knowledge,
based on such review, the Servicer has fulfilled all its obligations under this
Agreement throughout such year, or, if there has been a default in the
fulfillment of any such obligation, specifying each such default known to such
officers and the nature and status thereof and the action being taken by the
Servicer to cure such default.
Section 7.05 Annual Independent Public Accountants' Servicing Report and
Comfort Letter.
Not later than the last day of the fourth month following the end of the
Servicer's fiscal year, beginning for the fiscal year ending June 30, 1999, the
Servicer, at its expense, shall cause a firm of independent public accountants
reasonably acceptable to the Trustee and the Certificate Insurer to furnish (1)
a letter or letters to the Certificate Insurer, the Trustee, S&P, Moody's,
Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities
Inc. to the effect that such firm has with respect to the Servicer's overall
servicing operations examined such operations in accordance with the
requirements of the Uniform Single Audit Program for Mortgage Bankers, and
stating such firm's conclusions relating thereto and (2) a letter to the effect
that such firm has examined Section 6.08 of this Agreement (or the comparable
section of a substantially similar agreement of the Servicer, as Servicer, under
which certain payments to the holders of certificates are guaranteed by the
Certificate Insurer) and verified the mathematical accuracy of the amounts
reported by the Servicer and that such amounts were computed in accordance with
the terms of this Agreement (or such comparable agreement).
Section 7.06 Certificateholder's, Trustee's and Certificate Insurer's
Right to Examine Servicer Records.
(a) Each Certificateholder, the Trustee and the Certificate Insurer shall
have the right upon reasonable prior notice, during normal business hours and as
often as reasonably required, to examine and audit any and all of the books,
records or other information of the Servicer, whether held by the Servicer or by
another on behalf of the Servicer, which may be relevant to the performance or
observance by the Servicer of the terms, covenants or conditions of this
Agreement.
(b) More specifically (but without derogation of the more general right of
inspection referred to in subsection (a) above), the Certificate Insurer or its
agents or representatives also shall have the right, upon reasonable notice and
during normal business hours on the Servicer's or any Subservicer's premises, as
the case may be, to examine, review and audit the books, records and files of
the Servicer or any Subservicer relating to the Mortgage Loans (including,
without limitation, any servicing and origination files) and the servicing
thereof and to receive such other information as the Certificate Insurer may
reasonably request, and to make such copies or take excerpts from such books,
records and files as any such agent or representative deems necessary or
advisable. During any such examination or review, the Servicer or Subservicer,
as the case may be, shall make its employees, auditors, representatives or
agents knowledgeable about the books, records and/or files being examined or
reviewed available to the Certificate Insurer, its agents or representatives. In
addition, the Servicer, upon request of the
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Certificate Insurer, will permit the Certificate Insurer or its authorized
agents to discuss the affairs, finances and accounts of the Servicer with such
Servicer's independent accountants. Unless an Event of Default shall have
occurred and be continuing, the reasonable and customary out of pocket costs and
expenses of the Servicer or its representatives or agents in connection with any
such examination, review or discussion under this subsection (b) shall be paid
by the Servicer, and the costs and expenses of the Certificate Insurer, its
agents or representatives shall be paid by the Certificate Insurer. During the
period in which an Event of Default is continuing, any costs and expenses of the
Certificate Insurer, its agents and representatives and of the Servicer, its
agents and representatives shall be paid solely by the Servicer.
Section 7.07 Reports to the Trustee; Principal and Interest Account
Statements.
If any Principal and Interest Account is not maintained with the Trustee,
then not later than 25 days after each Record Date, the Servicer shall forward
to the Trustee a statement, certified by a Servicing Officer, setting forth the
status of such Principal and Interest Account as of the close of business on the
preceding Record Date and showing, for the period covered by such statement, the
aggregate of deposits into such Principal and Interest Account for each category
of deposit specified in Section 5.03 above, the aggregate of withdrawals from
such Principal and Interest Account for each category of withdrawal specified in
Section 5.04 above, the aggregate amount of permitted withdrawals not made in
the related Due Period, the amount of any related Monthly Advances for the
related Due Period.
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ARTICLE VIII
REPORTS TO BE PROVIDED BY SERVICER
Section 8.01 Financial Statements.
The Servicer understands that, in connection with the transfer of the
Certificates, Certificateholders may request that the Servicer make available to
prospective Certificateholders annual audited financial statements of the
Servicer for one or more of the most recently completed five fiscal years for
which such statements are available, which request shall not be unreasonably
denied.
The Servicer also agrees to make available on a reasonable basis to the
Certificate Insurer and any prospective Certificateholder a knowledgeable
financial or accounting officer for the purpose of answering reasonable
questions respecting recent developments affecting the Servicer or the financial
statements of the Servicer and to permit the Certificate Insurer and any
prospective Certificateholder to inspect the Servicer's servicing facilities
during normal business hours for the purpose of satisfying the Certificate
Insurer and such prospective Certificateholder that the Servicer has the ability
to service the Mortgage Loans in accordance with this Agreement.
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ARTICLE IX
THE SERVICER
Section 9.01 Indemnification; Third Party Claims.
(a) The Servicer agrees to indemnify and hold the Trustee, the Certificate
Insurer and each Certificateholder (and their respective Affiliates, directors,
officers, employees and agents) harmless against any and all claims, losses,
penalties, fines, forfeitures, legal fees and related costs, judgments, and any
other costs, fees and expenses that the Trustee, the Certificate Insurer, any
such Certificateholder or any such other indemnified Person may sustain in any
way related to the failure of the Servicer to perform its duties and service the
Mortgage Loans in compliance with the terms of this Agreement. The Servicer
shall immediately notify the Trustee, the Certificate Insurer and each
Certificateholder if a claim is made by a third party with respect to this
Agreement, and the Servicer shall assume (with the consent of the Trustee) the
defense of any such claim and advance all expenses in connection therewith,
including reasonable counsel fees, and promptly advance funds to pay, discharge
and satisfy any judgment or decree which may be entered against the Servicer,
the Trustee, the Certificate Insurer, a Certificateholder and/or any such other
indemnified Person in respect of such claim. The Trustee may reimburse the
Servicer from amounts otherwise distributable on the Class R Certificates for
all amounts advanced by it pursuant to the preceding sentence except when the
claim relates directly to the failure of the Servicer to service and administer
the Mortgage Loans in compliance with the terms of this Agreement.
(b) The Depositor agrees to indemnify and hold the Trustee, the Certificate
Insurer and each Certificateholder (and their respective Affiliates, directors,
officers, employees and agents) harmless against any and all claims, losses,
penalties, fines, forfeitures, legal fees and related costs, judgments, and any
other costs, fees and expenses that the Trustee, the Certificate Insurer, any
Certificateholder and/or any such other indemnified person may sustain in any
way related to the failure of the Servicer, if it is an Affiliate thereof, or
the failure of the Depositor to perform their respective duties in compliance
with the terms of this Agreement. The Depositor shall immediately notify the
Trustee, the Certificate Insurer and each Certificateholder if a claim is made
by a third party with respect to this Agreement and the Depositor shall assume
(with the consent of the Trustee) the defense of any such claim and advance all
expenses in connection therewith, including reasonable counsel fees, and
promptly advance funds to pay, discharge and satisfy any judgment or decree
which may be entered against the Servicer, the Depositor, the Trustee, the
Certificate Insurer, a Certificateholder and/or any such other indemnified
Person in respect of such claim. The Trustee may, if necessary, reimburse the
Depositor from amounts otherwise distributable on the Class R Certificates if
the claim is made with respect to this Agreement for all amounts advanced by it
pursuant to the preceding sentence, except when the claim relates directly to
the failure of a Servicer, if it is, or is an Affiliate of, the Depositor, to
perform its obligations to service and administer the Mortgages in compliance
with the terms of this Agreement, or the failure of the Depositor to perform its
duties in compliance with the terms of this Agreement.
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(c) The Depositor agrees to indemnify the Trust Fund for any liability
arising from the naming of the Trust Fund as a defendant in its capacity as an
assignee of the lender in an action under the Riegle Community Development and
Regulatory Improvement Act of 1994.
Section 9.02 Merger or Consolidation of the Depositor and the Servicer.
The Servicer and the Depositor will keep in full effect its existence,
rights and franchises as a corporation, and will obtain and preserve its
qualification to do business as a foreign corporation, in each jurisdiction
necessary to protect the validity and enforceability of this Agreement or any of
the Mortgage Loans and to perform its duties under this Agreement.
Any Person into which the Servicer may be merged or consolidated, or any
corporation resulting from any merger, conversion or consolidation to which the
Servicer shall be a party, or any Person succeeding to the business of the
Servicer, shall be an established mortgage loan servicing institution that has a
net worth of at least $15,000,000 and shall be the successor of the Servicer
without the execution or filing of any paper or any further act on the part of
any of the parties hereto, anything herein to the contrary notwithstanding;
provided, however, that the successor or surviving person to any Servicer shall
be qualified to sell mortgage loans to, and to service mortgage loans on behalf
of FNMA or FHLMC. The Servicer shall send notice of any such merger or
consolidation to the Trustee, the Rating Agencies and the Certificate Insurer.
Section 9.03 Limitation on Liability of the Servicer and Others.
The Depositor and the Servicer shall each be liable in accordance herewith
only to the extent of the obligations specifically and respectively imposed upon
and undertaken by them herein. The Servicer and any director, officer, employee
or agent of the Servicer may rely on any document of any kind which it in good
faith reasonably believes to be genuine and to have been adopted or signed by
the proper authorities respecting any matters arising hereunder. Subject to the
terms of Section 9.01, the Servicer shall have no obligation to appear with
respect to, prosecute or defend, any legal action which is not incidental to the
Servicer's duty to service the Mortgage Loans in accordance with this Agreement.
Section 9.04 Servicer Not to Resign.
The Servicer shall not assign this Agreement or any part thereof nor resign
from the obligations and duties hereby imposed on it except (i) that the
Servicer may resign from any obligations and duties hereby imposed on it in
connection with the Class 1A Certificates upon mutual consent of the Servicer,
the Depositor, the Certificate Insurer, the Trustee and the Class 1A Majority
Certificateholders, (ii) that the Servicer may resign from any obligations and
duties hereby imposed on it in connection with the Class 2A Certificates upon
mutual consent of the Servicer, the Depositor, the Certificate Insurer, the
Trustee and the Class 2A Majority Certificateholders or (iii) upon the
determination that the Servicer's duties hereunder are no longer permissible
under applicable law and such incapacity cannot be cured by the Servicer. Any
such determination under clause (ii) permitting the resignation of the Servicer
shall be evidenced by a written Opinion of Counsel (who may be counsel for the
Servicer) to such effect delivered to the
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Trustee, the Depositor and the Certificate Insurer, which Opinion of Counsel
shall be in form and substance acceptable to the Trustee and the Certificate
Insurer. No such resignation shall become effective until a successor has
assumed such Servicer's responsibilities and obligations hereunder in accordance
with Section 10.02.
Section 9.05 Representations of the Servicer.
The Servicer hereby represents and warrants to the Trustee, the Certificate
Insurer and the Certificateholders as of the Closing Date:
(a) The Servicer is a federally chartered stock savings bank and has been
duly organized and is validly existing and in good standing under the laws of
the United States and has all licenses necessary to carry on its business as now
being conducted and is licensed, qualified and in good standing in each
Mortgaged Property State if the laws of such state require licensing or
qualification in order to conduct business of the type conducted by the Servicer
and perform its obligations as Servicer or exempt from such licensing or
qualification; the Servicer has the power and authority to execute and deliver
this Agreement and to perform in accordance herewith; the execution, delivery
and performance of this Agreement (including all instruments of transfer to be
delivered pursuant to this Agreement) by the Servicer and the consummation of
the transactions contemplated hereby have been duly and validly authorized by
all necessary action; this Agreement evidences the valid, binding and
enforceable obligation of the Servicer; and all requisite action has been taken
by the Servicer to make this Agreement valid, binding and enforceable upon the
Servicer in accordance with its terms, subject to the effect of bankruptcy,
insolvency, reorganization, moratorium and other, similar laws relating to or
affecting creditors' rights generally or the application of equitable principles
in any proceeding, whether at law or in equity;
(b) All actions, approvals, consents, waivers, exemptions, variances,
franchises, orders, permits, authorizations, rights and licenses required to be
taken, given or obtained, as the case may be, by or from any federal, state or
other governmental authority or agency (other than any such actions, approvals,
etc. under any state securities laws, real estate syndication or "Blue Sky"
statutes, as to which the Servicer makes no such representation or warranty),
that are necessary in connection with the execution and delivery by the Servicer
of the documents to which it is a party, have been duly taken, given or
obtained, as the case may be, are in full force and effect, are not subject to
any pending proceedings or appeals (administrative, judicial or otherwise) and
either the time within which any appeal therefrom may be taken or review thereof
may be obtained has expired or no review thereof may be obtained or appeal
therefrom taken, and are adequate to authorize the consummation of the
transactions contemplated by this Agreement and the other documents on the part
of the Servicer and the performance by the Servicer of its obligations as
Servicer under this Agreement and such of the other documents to which it is a
party;
(c) The consummation of the transactions contemplated by this Agreement
will not result in the breach of any terms or provisions of the charter or
by-laws of the Servicer or result in the breach of any term or provision of, or
conflict with or constitute a default under or
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result in the acceleration of any obligation under, any material agreement,
indenture or loan or credit agreement or other material instrument to which the
Servicer or its property is subject, or result in the violation of any law,
rule, regulation, order, judgment or decree to which the Servicer or its
property is subject;
(d) Neither this Agreement nor the Prospectus nor any statement, report or
other document prepared by the Servicer and furnished or to be furnished
pursuant to this Agreement or in connection with the transactions contemplated
hereby contains any untrue statement of material fact or omits to state a
material fact necessary to make the statements contained herein or therein not
misleading;
(e) There is no action, suit, proceeding or investigation pending or, to
the best of the Servicer's knowledge, threatened against the Servicer which,
either in any one instance or in the aggregate, may result in any material
adverse change in the business, operations, financial condition, properties or
assets of the Servicer or in any material impairment of the right or ability of
the Servicer to carry on its business substantially as now conducted, or in any
material liability on the part of the Servicer or which would draw into question
the validity of this Agreement or the Mortgage Loans or of any action taken or
to be taken in connection with the obligations of the Servicer contemplated
herein, or which would be likely to impair materially the ability of the
Servicer to perform under the terms of this Agreement; and
(f) The Servicer is not in default with respect to any order or decree of
any court or any order, regulation or demand of any federal, state, municipal or
governmental agency, which default might have consequences that would materially
and adversely affect the condition (financial or other) or operations of the
Servicer or its properties or might have consequences that would materially and
adversely affect its performance hereunder or under any Subservicing Agreement.
Section 9.06 Accounting Upon Resignation or Termination of Servicer.
Upon resignation of the Servicer under Section 9.04 or upon termination of
the Servicer under Section 10.01, the Servicer shall:
(a) deliver to its successor or, if none shall yet have been
appointed, to the Trustee the funds in the Group 1 Principal and Interest
Account or the Group 2 Principal and Interest Account;
(b) deliver to its successor or, if none shall yet have been
appointed, to the Trustee all Mortgage Files and related documents and
statements held by it hereunder and a Mortgage Loan portfolio computer tape;
(c) deliver to its successor or, if none shall yet have been
appointed, to the Trustee and, upon request, to the Certificateholders a full
accounting of all funds, including a statement showing the Monthly Payments
collected by it and a statement of monies held in trust by it for the payments
or charges with respect to the Mortgage Loans; and
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(d) execute and deliver such instruments and perform all acts
reasonably requested in order to effect the orderly and efficient transfer of
servicing of the Mortgage Loans to its successor and to more fully and
definitively vest in such successor all rights, powers, duties,
responsibilities, obligations and liabilities of the Servicer under this
Agreement.
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ARTICLE X
DEFAULT
Section 10.01 Events of Default.
(a) In case one or more of the following Events of Default by the Servicer
shall occur and be continuing, that is to say, with respect to a Group:
(i) (A) an Event of Nonpayment which continues unremedied for a period of
one (1) Business Day after the date on which written notice of such
failure requiring the same to be remedied shall have been given to
the Servicer by the Trustee, to the Servicer and the Trustee by the
Certificate Insurer or to the Servicer, the Trustee and the
Certificate Insurer by any Certificateholder and, in the case of an
Event of Nonpayment described in clause (i) or (ii) of the definition
thereof, the insufficiency referred to in such clause (i) or (ii)
does not result from a failure by the Certificate Insurer to perform
in accordance with the terms of this Agreement with respect to such
Group or the Certificate Insurance Policy or a failure by the Trustee
to perform in accordance with this Agreement with respect to such
Group; (B) the failure by the Servicer to make any required Servicing
Advance with respect to a Group, to the extent such failure
materially and adversely affects the interest of the Certificate
Insurer or the related Certificateholders and which continues
unremedied for a period of 20 days after the date on which written
notice of such failure requiring the same to be remedied shall have
been given to the Servicer by the Trustee, to the Servicer and the
Trustee by the Certificate Insurer or to the Servicer, the Trustee
and the Certificate Insurer by any Certificateholder; (C) the failure
by the Servicer to make any required Monthly Advance to the extent of
the full amount of the related Class A Interest Remittance Amount; or
(D) any other failure by the Servicer to remit to the related
Certificateholders, or to the Trustee for the benefit of the related
Certificateholders, any payment required to be made by the Servicer
under the terms of this Agreement, to the extent such failure
materially and adversely affects the interest of the Certificate
Insurer or the Certificateholders and which continues unremedied for
a period of 20 days after the date upon which written notice of such
failure requiring the same to be remedied shall have been given to
the Servicer by the Trustee, to the Servicer and the Trustee by the
Certificate Insurer or to the Servicer, the Trustee and the
Certificate Insurer by any Certificateholder; or
(ii) failure by the Servicer duly to observe or perform, in any material
respect, any other covenants, obligations or agreements of the
Servicer as set forth herein, which failure continues unremedied for
a period of 60 days after the date on which written notice of such
failure, requiring the same to be remedied, shall have been given to
the Servicer by the Trustee, to the Servicer and the Trustee by the
Certificate Insurer or any related Certificateholder with the consent
of the Certificate Insurer; or
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(iii) a decree or order of a court or agency or supervisory authority
having jurisdiction for the appointment of a conservator or receiver
or liquidator in any insolvency, readjustment of debt, marshalling of
assets and liabilities or similar proceedings, or for the winding-up
or liquidation of its affairs, shall have been entered against the
Servicer and such decree or order shall have remained in force,
undischarged or unstayed for a period of 60 days; or
(iv) the Servicer shall consent to the appointment of a conservator or
receiver or liquidator in any insolvency, readjustment of debt,
marshalling of assets and liabilities or similar proceedings of or
relating to the Servicer or of or relating to all or substantially
all of the Servicer's property, which appointment shall continue
unremedied for a period of 30 days after the Servicer has received
notice of such default; or
(v) the Servicer shall admit in writing its inability to pay its debts as
they become due, file a petition to take advantage of any applicable
insolvency or reorganization statute, make an assignment for the
benefit of its creditors, or voluntarily suspend payment of its
obligations, any of which shall continue unremedied for a period of
30 days after the Servicer has received notice of such default.
(b) then, and in each and every such case so long as such Event of Default
shall not have been remedied, (x) in the case solely of clause (i)(C) above, if
such Monthly Advance is not made by 4:00 p.m. Chicago time on the Determination
Date, the Trustee, upon receipt of written notice or discovery by a Responsible
Officer of such failure, shall give immediate telephonic notice of such failure
to a Servicing Officer of the Servicer and, unless such failure is cured, either
by receipt of payment or receipt of evidence satisfactory to the Certificate
Insurer (e.g., a wire reference number communicated by the sending bank; the
Certificate Insurer shall notify the Trustee if the Certificate Insurer receives
satisfactory evidence that such funds have been sent), by 12:00 Noon New York
City time on the following Business Day, the Trustee, or a successor servicer
appointed in accordance with Section 10.02, shall immediately make such Monthly
Advance and assume, pursuant to Section 10.02, the duties of a successor
Servicer with respect to such Group, and (y) in the case of clauses (i)(A),
(i)(B), (i)(D), (ii), (iii), (iv) and (v) above, the Majority Certificateholders
of the related Group(s) affected by such Event of Default, by notice in writing
to the Servicer and a Responsible Officer of the Trustee and subject to the
prior written consent of the Certificate Insurer, which consent may not be
unreasonably withheld, may, in addition to whatever rights such
Certificateholders may have at law or equity to damages, including injunctive
relief and specific performance, commence termination of all the rights and
obligations of the Servicer hereunder with respect to the Group(s) affected by
such Event of Default and in and to the Mortgage Loans of the Group(s) affected
by such Event of Default and the proceeds thereof, as servicer. Upon receipt by
the Servicer of a second written notice (except relative to clause (i)(C) above)
from the Majority Certificateholders of the related Group stating that they
intend to terminate the Servicer as a result of such Event of Default, all
authority and power of the Servicer under this Agreement with respect to such
Group, shall, subject to Section 10.02, pass to and be vested in the Trustee or
its designee and the Trustee is hereby authorized
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and empowered to execute and deliver, on behalf of the Servicer, as
attorney-in-fact or otherwise, any and all documents and other instruments and
do or cause to be done all other acts or things necessary or appropriate to
effect the purposes of such notice of termination, including, but not limited
to, the transfer and endorsement or assignment of the related Mortgage Loans and
related documents. The Servicer agrees to cooperate with the Trustee in
effecting the termination of the Servicer's responsibilities and rights
hereunder with respect to the related Group, including, without limitation, the
transfer to the Trustee or its designee for administration by it of all amounts
which shall at the time be credited by the Servicer to the related Principal and
Interest Account or thereafter received with respect to the Mortgage Loans of
the related Group. For the purposes of exercising the remedies set forth in
Section 10.01 above, with respect to clauses (i), (iii), (iv) and (v) of Section
10.01(a) above, the Certificate Insurer shall be deemed to be the Majority
Certificateholder for a Group for so long as the Certificate Insurance Policy
shall be in effect and the Certificate Insurer shall be in full compliance with
its payment obligations thereunder. If, however, the Certificate Insurer fails
to exercise any of its rights under this Section 10.01 in respect of such
clauses (i), (iii), (iv) and (v), it shall not be deemed to be the Majority
Certificate holder for such Group for the purposes of such clauses. For the
purposes of clause (ii), either the Certificate Insurer with the consent of the
Trustee or the Majority Certificateholders of the related Group(s) affected by
such Event of Default may direct the appropriate remedial action provided in
this Section.
The Trustee shall not be deemed to have knowledge of an Event of Default
(except an Event of Default pursuant to Section 10.01(a)(i)(A) above relating to
an Event of Nonpayment or the failure to make a Monthly Advance) unless a
Responsible Officer has received written notice thereof.
(c) Notwithstanding anything to the contrary contained in this Agreement,
upon the occurrence of an Event of Nonpayment known to a Responsible Officer of
the Trustee, the Trustee shall promptly notify the Certificate Insurer of such
occurrence with respect to such Group. During the thirty (30) day period
following receipt of such notice, the Trustee and the Certificate Insurer shall
cooperate with each other to determine if the occurrence of such Event of
Nonpayment is more likely than not the result of the acts or omissions of the
Servicer or more likely than not the result of events beyond the control of the
Servicer. If the Trustee and the Certificate Insurer conclude that the Event of
Nonpayment is the result of the latter, the Servicer may not be terminated with
respect to such Group, unless and until an Event of Default unrelated to such
Event of Nonpayment has occurred and is continuing, whether or not the Servicer
has cured such Event of Nonpayment. If the Trustee and the Certificate Insurer
conclude that the Event of Nonpayment is the result of the former, the
Certificate Insurer or the Majority Certificateholders of the related Group, as
the case may be, may terminate the Servicer in accordance with Section 10.01(b)
above, provided that the Trustee shall have until the 60th day following the
date of receipt of notice of the Event of Nonpayment to either assume the
servicing for the related Group or appoint a successor servicer for the related
Group pursuant to Section 10.02.
If the Trustee and the Certificate Insurer cannot agree, and the basis for
such disagreement is not arbitrary or unreasonable, as to the cause of the Event
of Nonpayment with
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respect to such Group, the decision of the Certificate Insurer shall control;
provided, however, that if the Certificate Insurer decides to terminate the
Servicer, the Trustee shall be relieved of its obligation to assume the
servicing or to appoint a successor, which shall be the exclusive obligation of
the Certificate Insurer.
The Trustee shall promptly notify Moody's and S&P of the occurrence of an
Event of Default known to a Responsible Officer of the Trustee.
Notwithstanding any termination of the activities of a Servicer hereunder,
the Servicer shall be entitled to receive, out of any late collection of a
Monthly Payment on a Mortgage Loan which was due prior to the notice terminating
the Servicer's rights and obligations as Servicer hereunder and received after
such notice, that portion thereof to which the Servicer would have been entitled
pursuant to Sections 5.04(i) through (ix), and any other amounts payable to the
Servicer hereunder the entitlement to which arose prior to the termination of
its activities hereunder.
Section 10.02 Trustee to Act; Appointment of Successor.
On and after the time the Servicer receives a notice of termination
pursuant to Section 10.01 above, or the Trustee receives the resignation of the
Servicer evidenced by an Opinion of Counsel pursuant to Section 9.04, or the
Servicer is removed as servicer pursuant to this Article X, the Trustee shall
be, with respect to such Group, the successor in all respects to the Servicer in
its capacity as servicer under this Agreement with respect to such Group and the
transactions set forth or provided for herein and shall be subject to all the
responsibilities, duties and liabilities relating thereto placed on the Servicer
by the terms and provisions hereof, provided, however, that the Trustee shall
have no liability or obligation hereunder in respect of any period prior to
becoming such successor, whether for acts or omissions of any prior servicer or
otherwise. The Trustee, as successor to the Servicer, shall be obligated to make
advances pursuant to Sections 6.09, 6.10, 5.10 or 5.14 unless, and only to the
extent, the Trustee deter mines reasonably and in good faith that such advances
would not be recoverable pursuant to Sections 5.04(ii), 6.06(c)(A)(X)(v) and
(vi) or 6.06(c)(A)(Y)(iv) and (v) with respect to Group 1, or 6.06(c)(B)(X)(v)
and (vi) or 6.06(c)(B)(Y)(iv) and (v) with respect to Group 2 above, such
determination to be evidenced by a certification of a Responsible Officer of the
Trustee delivered to the Certificate Insurer. Subject to its determination that
such advances would not be recoverable in accordance with the foregoing, the
Trustee, as successor to the Servicer, shall be obligated to advance any amount
described in clause (c)(vii) of the definition of Class A Principal Remittance
Amount. As compensation therefor, the Trustee, or any successor servicer
appointed pursuant to the following paragraph, shall be entitled to all funds
relating to the Mortgage Loans which the Servicer would have been entitled to
receive from the related Principal and Interest Account pursuant to Section 5.04
above if the Servicer had continued to act as servicer hereunder, together with
other servicing compensation as provided in Sections 7.01 and 7.03 above. In no
event shall the Trustee or the Trust Fund acquire any rights to the Depositor's
Yield.
The Trustee also shall have the right to elect to be successor to the
Servicer with respect to less than all of the responsibilities, duties and
liabilities relating thereto placed on the
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Servicer by the terms and provisions hereof, and shall be entitled to select
such responsibilities and duties (and related liabilities) and appoint a
successor servicer to perform the other responsibilities (and related
liabilities). In the event that the Trustee makes such election, the aggregate
compensation payable to the Trustee and the successor servicer may be equal to
(but shall not be in excess of) that set forth in Section 7.03, the breakdown of
such compensation between the Trustee and such successor servicer to be
determined by them. In the event the Trustee makes such election, it shall
provide prompt written notice to the Depositor, which notice shall identify the
successor servicer, the portion of the responsibilities, duties and liabilities
to be performed by the Trustee and the Servicer and the portion of the
compensation of the Servicer which is to be paid to each of the Trustee and such
successor servicer.
Notwithstanding the above, the Trustee may, if it shall be unwilling to so
act, or shall, if it is unable to so act or if the Majority Certificateholders
of the affected Group(s) or the Certificate Insurer so request in writing to the
Trustee, appoint, or petition a court of competent jurisdiction to appoint, any
established mortgage loan servicing institution acceptable to the Certificate
Insurer, which acceptance shall not be unreasonably withheld, that has a net
worth of not less than $15,000,000 and which is approved as a servicer by FNMA
and FHLMC as the successor to the Servicer hereunder in the assumption of all or
any part of the responsibilities, duties or liabilities of the Servicer
hereunder. Any collections received by the Servicer after removal or resignation
shall be endorsed by it to the Trustee and remitted directly to the Trustee or,
at the direction of the Trustee, to the successor servicer. The compensation of
any successor servicer (including, without limitation, the Trustee) so appointed
shall be the aggregate Servicing Fees, together with other Servicing
Compensation in the form of assumption fees, late payment charges or otherwise.
The Trustee and such successor shall take such action, consistent with this
Agreement, as shall be necessary to effectuate any such succession. The Servicer
agrees to cooperate with the Trustee and any successor servicer in effecting the
termination of the Servicer's servicing responsibilities and rights hereunder
and shall promptly provide the Trustee or such successor servicer, as
applicable, all documents and records reasonably requested by it to enable it to
assume the Servicer's functions hereunder and shall promptly also transfer to
the Trustee or such successor servicer, as applicable, all amounts which then
have been or should have been deposited in the related Principal and Interest
Account by the Servicer or which are thereafter received with respect to the
Mortgage Loans. Neither the Trustee nor any other successor servicer shall be
held liable by reason of any failure to make, or any delay in making, any
distribution hereunder or any portion thereof caused by (i) the failure of the
Servicer to deliver, or any delay in delivering, cash, documents or records to
it, or (ii) restrictions imposed by any regulatory authority having jurisdiction
over the Servicer hereunder. No appointment of a successor to the Servicer
hereunder shall be effective until the Trustee shall have consented thereto, and
written notice of such proposed appointment shall have been provided by the
Trustee to each Certificateholder. The Trustee shall not resign as successor
servicer until another successor servicer reasonably acceptable to the
Certificate Insurer has been appointed.
Pending appointment of a successor to the Servicer hereunder, the Trustee
shall act in such capacity as hereinabove provided. In connection with such
appointment and assumption, the Trustee may make such arrangements for the
compensation of such successor out of payments on Mortgage Loans as it and such
successor shall agree; provided, however, that no such
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compensation shall be in excess of that permitted the Servicer pursuant to
Section 7.03, together with other servicing compensation in the form of
assumption fees, late payment charges or otherwise as provided in this
Agreement. The Servicer, the Trustee, any Custodian and such successor shall
take such action, consistent with this Agreement, as shall be necessary to
effectuate any such succession.
Section 10.03 Waiver of Defaults.
The Majority Certificateholders with respect to a Group, on behalf of all
Certificateholders with respect to such Group, and subject to the consent of the
Certificate Insurer, or the Certificate Insurer, may waive any events permitting
removal of the Servicer as servicer with respect to a Group pursuant to this
Article X; provided, however, that neither the Majority Certificateholders nor
the Certificate Insurer may waive a default in making a required distribution on
a Certificate without the consent of the Holder of such Certificate. Upon any
waiver of a past default, such default shall cease to exist, and any Event of
Default arising therefrom shall be deemed to have been remedied for every
purpose of this Agreement. No such waiver shall extend to any subsequent or
other default or impair any right consequent thereto except to the extent
expressly so waived. Notice of any such waiver shall be given by the Trustee to
Moody's and S&P.
Section 10.04 Trigger Event.
(a) Upon the determination by the Certificate Insurer that a Trigger Event
with respect to a Group has occurred, the Certificate Insurer shall give notice
of such Trigger Event to the Servicer, the other parties hereto, Moody's and
S&P. Upon such determination, the Certificate Insurer may direct the Trustee to
terminate the Servicer with respect to the related Group.
(b) Upon receipt of direction to remove the Servicer with respect to the
related Group pursuant to the preceding clause (a), the Trustee shall notify the
Servicer that it has been terminated with respect to such Group and the Servicer
shall be terminated with respect to such Group in the same manner as specified
in Sections 10.01 and 10.02.
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ARTICLE XI
TERMINATION
Section 11.01 Termination.
Subject to Section 11.02, this Agreement shall terminate upon notice to the
Trustee of either: (a) the later of the distribution to Certificateholders of
the final payment or collection with respect to the last Mortgage Loan (or
Monthly Advances of same by the Servicer), or the disposition of all funds with
respect to the last Mortgage Loan and the remittance of all funds due hereunder
and the payment of all amounts due and payable to the Certificate Insurer and
the Trustee or (b) mutual consent of the Servicer, the Certificate Insurer and
all Certificateholders in writing; provided, however, that in no event shall the
Trust established by this Agreement terminate later than the later of (i)
twenty-one years after the death of the last lineal descendant of Joseph P.
Kennedy, late Ambassador of the United States to the Court of St. James's, alive
on the date hereof or (ii) the latest possible maturity date specified in
Section 13.01(l).
Subject to Section 11.02, the Servicer may, at its option, terminate its
rights and obligations under this Agreement, on any date on which the Pool
Principal Balance is less than or equal to 5% of the sum of the Original Pool
Principal Balance and the Original Pre-Funded Amounts, by purchasing, on the
next succeeding Remittance Date, all of the outstanding Mortgage Loans and REO
Properties at a price (the "Termination Price") equal to the excess, if any, of
(1) the sum of (x) (i) 100% of the Principal Balance of each outstanding
Mortgage Loan, and (ii) 30 days' interest on the amount described in clause
(x)(i) at a rate equal to the related Net Mortgage Rate; but in no event less
than the weighted average of the Class 1A Pass-Through Rate, with respect to
Group 1, or the Class 2A Pass-Through Rate, with respect to Group 2, and (y) the
appraised value of each REO Property, such appraisal to be conducted by an
appraiser mutually agreed upon by the Servicer and the Trustee in their
reasonable discretion (and approved by the Certificate Insurer in its reasonable
discretion), over (2) the amounts (other than the Termination Price being
calculated pursuant to this paragraph) that will constitute the Available
Remittance Amount for such Remittance Date (including without limitation, the
amounts to be transferred to the related Certificate Account on the
Determination Date immediately preceding such Remittance Date pursuant to the
second following paragraph), to the extent such other amounts represent
collections on the Mortgage Loans and REO Properties of principal not yet
applied to reduce the related Principal Balance thereof or interest therein at
the related Net Mortgage Rate accrued from and after the respective Due Dates in
the Due Period next preceding the related Due Period. In connection with any
such purchase, the Servicer shall also pay any outstanding and unpaid fees and
expenses of the Trustee and the Certificate Insurer relating to this Agreement
that such parties would otherwise have been entitled to pursuant to Sections
12.05 and 6.03(a), in the case of the Trustee, and Section 6.04, in the case of
the Certificate Insurer.
Any such purchase by the Servicer shall be accomplished by remitting to the
Trustee for deposit into the related Certificate Account on the Determination
Date immediately preceding the Remittance Date on which the purchase is to occur
the amount of the Termination Price. On the same day that the Termination Price
is deposited into the related Certificate
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Account, any amounts then on deposit in the Principal and Interest Account with
respect to such Group (other than Excess Spread, any amounts not required to
have been deposited therein pursuant to Section 5.03 and any amounts
withdrawable therefrom by the Servicer pursuant to Section 5.04(ii), (iii) and
(vii)) shall be transferred to the related Certificate Account for distribution
to the related Certificateholders on the final Remittance Date; and any amounts
received by the Servicer with respect to the Mortgage Loans and REO Properties
in such Group subsequent to such transfer shall belong to the Person purchasing
the Mortgage Loans and REO Properties relating to such Group. For purposes of
calculating the Available Remittance Amount with respect to a Group for the
final Remittance Date, amounts transferred to the related Certificate Account
pursuant to the immediately preceding sentence on the Determination Date
immediately preceding such final Remittance Date shall in all cases be deemed to
have been received during the related Due Period, and such transfer shall be
made pursuant to Section 5.04(i). The Termination Price remitted to the Trustee
for deposit into the related Certificate Account shall be in proportion to the
outstanding Mortgage Loans and REO Properties in such Group.
Notice of any termination, specifying the Remittance Date upon which the
Trust Fund will terminate and the related Certificateholders shall surrender
their Certificates to the Trustee for payment of the final distribution and
cancellation, shall be given promptly by the Servicer by letter to the Trustee
to be forwarded to the related Certificateholders mailed during the month of
such final distribution before the Determination Date in such month, specifying
(i) the Remittance Date upon which final payment of the Certificates will be
made upon presentation and surrender of Certificates at the office of the
Trustee therein designated, (ii) the amount of any such final payment and (iii)
that the Record Date otherwise applicable to such Remittance Date is not
applicable, payments being made only upon presentation and surrender of the
Certificates at the office of the Trustee therein specified. On the final
Remittance Date, the Trustee shall distribute or credit, or cause to be
distributed or credited, the Amount Available for such Remittance Date in
accordance with Section 6.06(c). The obligations of the Certificate Insurer
under this Agreement shall terminate upon the deposit by the Servicer or the
Certificate Insurer, as applicable, with the Trustee of a sum sufficient to
purchase all of the Mortgage Loans and REO Properties as set forth above,
reduction of the Class 1A Principal Balance and the Class 2A Principal Balance
to zero and payment of any amount set forth in clause (c)(vii) of the definition
of Class A Principal Remittance Amount.
In the event that all of the Certificateholders shall not surrender their
Certificates for cancellation within six months after the time specified in the
above-mentioned written notice, the Servicer shall give a second written notice
to the remaining Certificateholders to surrender their Certificates for
cancellation and receive the final distribution with respect thereto. If within
six months after the second notice, all of the Certificates shall not have been
surrendered for cancellation, the Trustee may take appropriate steps, or may
appoint an agent to take appropriate steps, to contact the remaining
Certificateholders concerning surrender of their Certificates and the cost
thereof shall be paid out of the funds and other assets of the Trust Fund which
remain subject hereto. If within nine months after the second notice all the
Certificates shall not have been surrendered for cancellation, the Class R
Certificateholders shall be entitled to all unclaimed funds and other assets of
the Trust Fund which remain subject hereto and the Trustee upon transfer
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of such funds shall be discharged of any responsibility for such funds and the
Certificateholders shall look to the Class R Certificateholders for payment.
Section 11.02 Additional Termination Requirements.
(a) In the event the Servicer exercises its purchase option as provided in
Section 11.01 above, the Trust Fund shall be terminated in accordance with the
following additional requirements, unless the Trustee has been furnished with an
Opinion of Counsel to the effect that the failure of the Trust Fund to comply
with the requirements of this Section 11.02 will not (i) result in the
imposition of taxes on "prohibited transactions" of the Trust Fund as defined in
Section 860F of the Code, or (ii) cause the Trust Fund REMIC to fail to qualify
as a REMIC at any time that any Class A Certificates are outstanding:
(i) The Servicer shall establish a 90-day liquidation period for the
Trust Fund REMIC, and specify the first day of such period in a statement
attached to the Trust Fund REMIC's final Tax Return pursuant to Treasury
regulations Section 1.860F-1. The Servicer also shall satisfy all of the
requirements of a qualified liquidation for the Trust Fund REMIC, under
Section 860F of the Code and the regulations thereunder;
(ii) The Servicer shall notify the Trustee at the commencement of such
90-day liquidation period and, at or prior to the time of making of the
final payment on the Certificates, the Servicer shall sell or otherwise
dispose of all of the remaining assets of the Trust Fund REMIC, in
accordance with the terms hereof; and
(iii) At the time of the making of the final payment on the
Certificates, the Trustee shall distribute or credit, or cause to be
distributed or credited, to the Class R Certificateholders all cash on hand
(other than cash retained to meet claims), and the Trust Fund REMIC shall
terminate at that time.
(b) By their acceptance of the Certificates, the Holders thereof hereby
authorize the Servicer, if it chooses to do so, to specify the 90-day
liquidation period on the final Tax Return of the Trust Fund REMIC, which
authorization shall be binding upon all successor Certificateholders.
Section 11.03 Depositor's Right to Depositor's Yield Absolute.
The Depositor's right to receive the Depositor's Yield with respect to each
Mortgage Loan shall be absolute and unconditional, and shall survive
notwithstanding the termination of the rights and obligations of the Servicer
hereunder, the resignation of the Servicer or the termination of this Agreement.
The Depositor's right to receive the Depositor's Yield shall not be subject to
offset or counterclaim, whether or not such right has been assigned in whole or
in part, notwithstanding any breach of any representation or warranty of the
Depositor under this Agreement or any default by the Depositor of any of its
obligations or covenants under this Agreement. The Depositor shall have the
right to assign any or all of its rights in and to the
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Depositor's Yield, without notice to or the consent of any party of this
Agreement or any Certificateholder.
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ARTICLE XII
THE TRUSTEE
Section 12.01 Duties of Trustee.
The Trustee, prior to the occurrence of an Event of Default and after the
curing of all Events of Default which may have occurred, undertakes to perform
such duties and only such duties as are specifically set forth in this
Agreement. If an Event of Default of which a Responsible Officer of the Trustee
shall have actual knowledge has occurred and has not been cured or waived, the
Trustee shall, except in those cases in which it is required by the terms of
this Agreement to follow the direction of the Certificate Insurer or the Rating
Agencies, exercise such of the rights and powers vested in it by this Agreement,
and use the same degree of care and skill in its exercise as a prudent person
would exercise or use under the circumstances in the conduct of such person's
own affairs.
The Trustee, upon receipt of all resolutions, certificates, statements,
opinions, reports, documents, orders or other instruments furnished to the
Trustee which are specifically required to be furnished pursuant to any
provision of this Agreement, shall examine them to determine whether they
conform to the requirements of this Agreement, provided, however that the
Trustee shall not be responsible for the accuracy or content of any resolution,
certificate, statement, opinion, report, document, order or other instrument
furnished by the Servicer or the Depositor hereunder. If any such instrument is
found not to conform to the requirements of this Agreement, the Trustee shall
notify the Certificate Insurer and request written instructions as to the action
the Certificate Insurer deems appropriate to have the instrument corrected, and
if the instrument is not so corrected, the Trustee will provide notice thereof
to the Certificate Insurer who shall then direct the Trustee as to the action,
if any, to be taken.
No provision of this Agreement shall be construed to relieve the Trustee
from liability for its own negligent action, its own negligent failure to act or
its own willful misconduct; provided, however, that:
(i) Prior to the occurrence of an Event of Default, and after the
curing of all such Events of Default which may have occurred, the duties
and obligations of the Trustee shall be determined solely by the express
provisions of this Agreement, the Trustee shall not be liable except for
the performance of such duties and obligations as are specifically set
forth in this Agreement, no implied covenants or obligations shall be read
into this Agreement against the Trustee and, in the absence of bad faith on
the part of the Trustee, the Trustee may conclusively rely, as to the truth
of the statements and the correctness of the opinions expressed therein,
upon any resolutions, certificates, statements or opinions, reports,
documents, orders or instruments furnished to the Trustee and conforming to
the requirements of this Agreement;
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(ii) The Trustee shall not be personally liable for an error of
judgment made in good faith by a Responsible Officer or other officers of
the Trustee, unless it shall be proved that the Trustee was negligent in
ascertaining the pertinent facts;
(iii) The Trustee shall not be personally liable with respect to any
action taken, suffered or omitted to be taken by it in good faith in
accordance with this Agreement or at the direction of the Certificate
Insurer, the Class 1A Majority Certificateholders and the Class 2A Majority
Certificateholders or any of them relating to the time, method and place of
conducting any proceeding for any remedy available to the Trustee, or
exercising or omitting to exercise any trust or power conferred upon the
Trustee, under this Agreement;
(iv) The Trustee shall not be required to take notice or be deemed to
have notice or knowledge of any default or Event of Default (except a
default or Event of Default set forth under Section 10.01(a)(i)(A) or
10.01(a)(i)(C)) unless a Responsible Officer of the Trustee shall have
actual knowledge thereof or have received written notice thereof. In the
absence of receipt of such notice, the Trustee may conclusively assume that
there is no default or Event of Default;
(v) The Trustee shall not be required to expend or risk its own funds
or otherwise incur financial liability for the performance of any of its
duties hereunder or the exercise of any of its rights or powers if there is
reasonable ground for believing that the repayment of such funds or
adequate indemnity against such risk or liability is not reasonably assured
to it and none of the provisions contained in this Agreement shall in any
event require the Trustee to perform, or be responsible for the manner of
performance of, any of the obligations of the Servicer under this Agreement
except during such time, if any, as the Trustee shall be the successor to,
and be vested with the rights, duties, powers and privileges of, the
Servicer in accordance with the terms of this Agreement;
(vi) Subject to any express requirement of this Agreement and until
such time as the Trustee shall be the successor to the Servicer and without
otherwise limiting the generality of this Section, the Trustee shall have
no duty (A) to see to any recording, filing, or depositing of this
Agreement or any agreement referred to herein or any financing statement or
continuation statement evidencing a security interest, or to see to the
maintenance of any such recording or filing or depositing or to any
rerecording, refiling or redepositing of any thereof, (B) to see to any
insurance, (C) to see to the payment or discharge of any tax, assessment,
or other governmental charge or any lien or encumbrance of any kind owing
with respect to, assessed or levied against, any part of the Trust Fund,
(D) to confirm or verify the contents of any reports or certificates of any
Servicer delivered to the Trustee pursuant to this Agreement believed by
the Trustee to be genuine and to have been signed or presented by the
proper party or parties; and
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(vii) The Trustee shall not be deemed a fiduciary for the Certificate
Insurer in its capacity as such, except to the extent the Certificate
Insurer has made an Insured Payment and is thereby subrogated to the rights
of the Certificateholders with respect thereto.
Section 12.02 Certain Matters Affecting the Trustee.
(a) Except as otherwise provided in Section 12.01:
(i) The Trustee may rely and shall be protected in acting or
refraining from acting upon any resolution, Officers' Certificate, Opinion
of Counsel, certificate of auditors or any other certificate, statement,
instrument, opinion, report, notice, request, consent, order, appraisal,
bond or other paper or document believed by it to be genuine and to have
been signed or presented by the proper party or parties;
(ii) The Trustee may consult with counsel and any advice or opinion of
counsel shall be full and complete authorization and protection in respect
of any action taken or suffered or omitted by it hereunder in good faith
and in accordance with such advice or opinion of counsel;
(iii) The Trustee shall be under no obligation to exercise any of the
trusts or powers vested in it by this Agreement or to institute, conduct or
defend by litigation hereunder or in relation hereto at the request, order
or direction of the Certificate Insurer or any of the Certificateholders,
pursuant to the provisions of this Agreement, unless such
Certificateholders or the Certificate Insurer, as applicable, shall have
offered to the Trustee reasonable security or indemnity against the costs,
expenses and liabilities which may be incurred therein or thereby; except
in those cases in which the Trustee is required by the terms of this
Agreement to follow the direction of the Certificate Insurer, the Class 1A
Majority Certificateholders or the Class 2A Majority Certificateholders
nothing contained herein shall, however, relieve the Trustee of the
obligation, upon the occurrence of an Event of Default (which has not been
cured), to exercise such of the rights and powers vested in it by this
Agreement, and to use the same degree of care and skill in its exercise as
a prudent person would exercise or use under the circumstances in the
conduct of such person's own affairs;
(iv) The Trustee shall not be personally liable for any action taken,
suffered or omitted by it in good faith and believed by it to be authorized
or within the discretion or rights or powers conferred upon it by this
Agreement;
(v) Prior to the occurrence of an Event of Default hereunder and after
the curing of all Events of Default which may have occurred, the Trustee
shall not be bound to make any investigation into the facts or matters
stated in any resolution, certificate, statement, instrument, opinion,
report, notice, request, consent, order, approval, bond or other paper or
document, unless requested in writing to do so by
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the Certificate Insurer, the Class 1A Majority Certificateholders or the
Class 2A Majority Certificateholders; provided, however, that if the
payment within a reasonable time to the Trustee of the costs, expenses or
liabilities likely to be incurred by it in the making of such investigation
is, in the opinion of the Trustee, not reasonably assured to the Trustee by
the security afforded to it by the terms of this Agreement, the Trustee may
require reasonable indemnity against such cost, expense or liability as a
condition to taking any such action. The reasonable expense of every such
examination shall be paid by the Servicer or, if paid by the Trustee, shall
be repaid by the Servicer upon demand from such Servicer's own funds;
(vi) The right of the Trustee to perform any discretionary act
enumerated in this Agreement shall not be construed as a duty, and the
Trustee shall not be answerable for other than its negligence or willful
misconduct in the performance of such act;
(vii) The Trustee shall not be required to give any bond or surety in
respect of the execution of the Trust created hereby or the powers granted
hereunder; and
(viii) The Trustee may execute any of the trusts or powers hereunder
or perform any duties hereunder either directly or by or through agents or
attorneys.
(b) Following the Startup Day, the Trustee shall not knowingly accept any
contribution of assets to the Trust Fund REMIC, unless the Trustee shall have
received from the Depositor an Opinion of Counsel to the effect that the
inclusion of such assets in the Trust Fund REMIC will not cause the Trust Fund
REMIC to fail to qualify as a REMIC at any time that any of the Certificates are
outstanding or subject the Trust Fund REMIC to any tax under the REMIC
Provisions or other applicable provisions of federal, state and local law or
ordinances.
Section 12.03 Trustee Not Liable for Certificates or Mortgage Loans.
The recitals contained herein and in the Certificates (other than the
certificate of authentication on the Certificates) shall be taken as the
statements of the Depositor, and the Trustee assumes no responsibility for their
correctness. The Trustee makes no representations as to the validity or
sufficiency of this Agreement or of the Certificates or of any Mortgage Loan or
related document (including any document comprising a part of the Mortgage
File). The Trustee shall not be accountable for the use or application by the
Depositor of any of the Certificates or of the proceeds of such Certificates, or
for the use or application of any funds paid to the Servicer in respect of the
Mortgage Loans or deposited in or withdrawn by any Servicer from the Principal
and Interest Accounts. The Trustee shall not be responsible for the legality or
validity of the Agreement or the validity, priority, perfection or sufficiency
of the security for the Certificates issued or intended to be issued hereunder.
The Trustee shall have no responsibility for filing any financing or
continuation statement in any public office at any time or to otherwise perfect
or maintain the perfection of any security interest or lien granted to it
hereunder (unless the Trustee shall have become the successor to the Servicer)
or to prepare or file any Securities and Exchange Commission filing for the
Trust Fund or to record this Agreement.
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Section 12.04 Trustee May Own Certificates.
The Trustee in its individual or any other capacity may become the owner or
pledgee of Certificates with the same rights it would have if it were not
Trustee, and may otherwise deal with the parties hereto.
Section 12.05 Servicer to Pay Trustee's Fees and Expenses.
The Servicer and the Depositor, jointly and severally, covenant and agree
to pay to the Trustee annually, from amounts on deposit in the Trustee Expense
Accounts, and the Trustee shall be entitled to, reasonable compensation (which
shall not be limited by any provision of law in regard to the compensation of a
trustee of an express trust) for all routine services rendered by it in the
execution of the trusts hereby created and in the exercise and performance of
any of the powers and routine duties hereunder of the Trustee, and the Servicer
and the Depositor will pay or reimburse the Trustee upon its request for all
reasonable expenses, disbursements and advances incurred or made by the Trustee
in accordance with any of the provisions of this Agreement (including the
reasonable compensation and the expenses and disbursements of its counsel and of
all persons not regularly in its employ) except any such expense, disbursement
or advance as may arise from its negligence or bad faith, provided that the
Trustee shall have no lien on the Trust Fund, other than the Trustee Expense
Accounts, for the payment of its fees and expenses. To the extent that actual
fees and expenses of the Trustee exceed the Annual Trustee Expense Amounts, the
Servicer and/or the Depositor shall reimburse the Trustee for such shortfall out
of its own funds without reimbursement therefor, except as provided in Section
6.03. The Trustee and any director, officer, employee or agent of the Trustee
shall be indemnified, jointly and severally, by the Servicer and the Depositor
and held harmless against any loss, liability or expense (including legal fees
and expenses) (i) incurred in connection with any legal action relating to this
Agreement, the Prospectus or the Certificates, other than any loss, liability or
expense incurred by reason of willful misfeasance, bad faith or negligence in
the performance of duties hereunder, and (ii) resulting from any error in any
tax or information return prepared by the Servicer. The obligations of the
Servicer and the Depositor under this Section 12.05 shall survive termination of
the initial Servicer and payment of the Certificates with respect to any Group,
and shall extend to any co-trustee or separate-trustee appointed pursuant to
this Article XII.
Section 12.06 Eligibility Requirements for Trustee.
The Trustee hereunder shall at all times be (i) a bank organized and doing
business under the laws of any state or the United States of America, (ii)
authorized under such laws to exercise corporate trust powers, including taking
title to the Trust Fund assets on behalf of the Certificateholders, (iii) having
a combined capital and surplus of at least $50,000,000, (iv) whose long-term
deposits shall be rated at least "BBB" by S&P and Baa2 by Moody's (except as
provided herein) or such lower long-term deposit rating by S&P as may be
approved in writing by the Certificate Insurer and S&P or the Certificate
Insurer and Moody's, as the case may be (v) is subject to supervision or
examination by federal or state authority and (vi) is reasonably acceptable
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to the Certificate Insurer as evidenced in writing. If such bank publishes
reports of condition at least annually, pursuant to law or to the requirements
of the aforesaid supervising or examining authority, then for the purposes of
this Section 12.06, the combined capital and surplus of such bank shall be
deemed to be its combined capital and surplus as set forth in its most recent
report of condition so published. In case at any time the Trustee shall cease to
be eligible in accordance with the provisions of this Section 12.06, the Trustee
shall resign immediately in the manner and with the effect specified in Section
12.07 hereof.
Section 12.07 Resignation and Removal of the Trustee.
The Trustee may at any time resign and be discharged from the trusts hereby
created by giving written notice thereof to the Servicer, the Rating Agencies
and the Certificate Insurer, not less than 60 days before the date specified in
such notice when such resignation is to take effect. Upon receiving such notice
of resignation, the Servicer shall promptly appoint a successor trustee which
satisfies the eligibility requirements of Section 12.06 by written instrument,
in duplicate, which instrument shall be delivered to the resigning Trustee and
to the successor trustee. A copy of such instrument shall be delivered to the
Certificateholders and the Certificate Insurer by the Servicer. Unless a
successor trustee shall have been so appointed and have accepted appointment
within 60 days after the giving of such notice of resignation, the resigning
Trustee may petition any court of competent jurisdiction for the appointment of
a successor trustee.
If at any time the Trustee shall cease to be eligible in accordance with
the provisions of Section 12.06 and shall fail to resign after written request
therefor by any Servicer, or the Certificate Insurer, or if at any time the
Trustee shall become incapable of acting, or shall be adjudged bankrupt or
insolvent, or a receiver of the Trustee or of its property shall be appointed,
or any public officer shall take charge or control of the Trustee or of its
property or affairs for the purpose of rehabilitation, conservation or
liquidation, then the Servicer or the Certificate Insurer may remove the Trustee
and the Servicer shall, within 30 days after such removal, appoint, subject to
the approval of the Certificate Insurer, which approval shall not be
unreasonably withheld, a successor trustee which satisfies the eligibility
requirements of Section 12.06 by written instrument, in duplicate, which
instrument shall be delivered to the Trustee so removed and to the successor
trustee. A copy of such instrument shall be delivered to the Certificateholders,
each Rating Agency and the Certificate Insurer by the successor trustee.
If the Trustee fails to perform in accordance with the terms of this
Agreement, the Class 1A Majority Certificateholders and the Class 2A Majority
Certificateholders or the Certificate Insurer may remove the Trustee and appoint
a successor trustee by written instrument or instruments, in triplicate, signed
by such Holders or their attorneys-in-fact duly authorized, one complete set of
which instruments shall be delivered to the Servicer, one complete set to the
Trustee so removed and one complete set to the successor Trustee so appointed. A
copy of such instrument shall be delivered to the Certificate Insurer by the
Servicer.
The Depositor may, in its discretion, remove the Trustee with the consent
of the Certificate Insurer, which consent shall not be unreasonably withheld,
without cause. The
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Servicer shall, within 30 days after such removal, appoint, subject to the
approval of the Certificate Insurer, which approval shall not be unreasonably
withheld, a successor trustee which satisfies the eligibility requirements of
Section 12.06 by written instrument, in duplicate, which instrument shall be
delivered to the Trustee so removed and to the successor trustee. A copy of such
instrument shall be delivered to the Certificateholders, each Rating Agency and
the Certificate Insurer by the successor trustee.
Any resignation or removal of the Trustee and appointment of a successor
trustee pursuant to any of the provisions of this Section shall become effective
upon acceptance of appointment by the successor trustee which satisfies the
eligibility requirements of Section 12.06 as provided in Section 12.08.
Section 12.08 Successor Trustee.
Any successor trustee appointed as provided in Section 12.07 shall execute,
acknowledge and deliver to the Servicer and to its predecessor trustee an
instrument accepting such appointment hereunder, and thereupon the resignation
or removal of the predecessor trustee shall become effective and such successor
trustee, without any further act, deed or conveyance, shall become fully vested
with all the rights, powers, duties and obligations of its predecessor
hereunder, with the like effect as if originally named as trustee herein. The
predecessor trustee shall, to the extent necessary, deliver to the successor
trustee, or Custodian, if any, all Mortgage Files and related documents and
statements held by it hereunder, and the Servicer and the predecessor trustee
shall execute and deliver such instruments and do such other things as may
reasonably be required for more fully and certainly vesting and confirming in
the successor trustee all such rights, powers, duties and obligations.
No successor trustee shall accept appointment as provided in this Section
12.08 unless at the time of such acceptance such successor trustee shall be
eligible under the provisions of Section 12.06 and its appointment shall not
adversely affect the then current rating of the Certificates.
Upon acceptance of appointment by a successor trustee as provided in this
Section 12.08, the Servicer shall mail notice of the succession of such trustee
hereunder to all Holders of Certificates at their addresses as shown in the
Certificate Register. If the Servicer fails to mail such notice within 10 days
after acceptance of appointment by the successor trustee, the successor trustee
shall cause such notice to be mailed at the expense of the Servicer.
Section 12.09 Merger or Consolidation of Trustee.
Any Person into which the Trustee may be merged or converted or with which
it may be consolidated or any corporation or banking association resulting from
any merger, conversion or consolidation to which the Trustee shall be a party,
or any corporation or bank succeeding to all or substantially all of the
corporate trust business of the Trustee, shall be the successor of the Trustee
hereunder, provided such corporation or bank shall be eligible under the
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provisions of Section 12.06, without the execution or filing of any paper or any
further act on the part of any of the parties hereto, anything herein to the
contrary notwithstanding.
Section 12.10 Appointment of Co-Trustee or Separate Trustee.
Notwithstanding any other provisions hereof, at any time, for the purpose
of meeting any legal requirements of any jurisdiction in which any part of the
Trust Fund or property securing the same may at the time be located, the
Servicer and the Trustee acting jointly shall have the power and shall execute
and deliver all instruments to appoint one or more Persons approved by the
Trustee to act as co-trustee or co-trustees, jointly with the Trustee, or
separate trustee or separate trustees, of all or any part of the Trust Fund, and
to vest in such Person or Persons, in such capacity, such title to the Trust
Fund, or any part thereof, and, subject to the other provisions of this Section
12.10, such powers, duties, obligations, rights and trusts as the Servicer and
the Trustee may consider necessary or desirable. Any such co-trustee or separate
trustee shall be approved by the Certificate Insurer. If the Servicer shall not
have joined in such appointment within 15 days after the receipt by it of a
request so to do, or in case an Event of Default shall have occurred and be
continuing, the Trustee alone shall have the power to make such appointment. No
co-trustee or separate trustee hereunder shall be required to meet the terms of
eligibility as a successor trustee under Section 12.06 and no notice to Holders
of Certificates of the appointment of co-trustee(s) or separate trustee(s) shall
be required under Section 12.08.
In the case of any appointment of a co-trustee or separate trustee pursuant
to this Section 12.10, all rights, powers, duties and obligations conferred or
imposed upon the Trustee shall be conferred or imposed upon and exercised or
performed by the Trustee and such separate trustee or co-trustee jointly, except
to the extent that under any law of any jurisdiction in which any particular act
or acts are to be performed (whether as Trustee hereunder or as successor to the
Servicer hereunder), the Trustee shall be incompetent or unqualified to perform
such act or acts, in which event such rights, powers, duties and obligations
(including the holding of title to the Trust Fund or any portion thereof in any
such jurisdiction) shall be exercised and performed by such separate trustee or
co-trustee at the direction of the Trustee.
Any notice, request or other writing given to the Trustee shall be deemed
to have been given to each of the then separate trustees and co-trustees, as
effectively as if given to each of them. Every instrument appointing any
separate trustee or co-trustee shall refer to this Agreement and the conditions
of this Article XII. Each separate trustee and co-trustee, upon its acceptance
of the trusts conferred, shall be vested with the estates or property specified
in its instrument of appointment, either jointly with the Trustee or separately,
as may be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct
of, affecting the liability of, or affording protection to, the Trustee. Every
such instrument shall be filed with the Trustee, and a copy thereof shall be
forwarded by the Trustee to the Certificate Insurer.
Any separate trustee or co-trustee may, at any time, constitute the
Trustee, its agent or attorney-in-fact, with full power and authority, to the
extent not prohibited by law, to do any lawful act under or in respect of this
Agreement on its behalf and in its name. The Trustee shall
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not be responsible for any action or inaction of any such separate trustee or
co-trustee. If any separate trustee or co-trustee shall die, become incapable of
acting, resign or be removed, all of its estates, properties, rights, remedies
and trusts shall vest in and be exercised by the Trustee, to the extent
permitted by law, without the appointment of a new or successor trustee.
Section 12.11 Tax Returns.
The Trustee, upon request, will promptly furnish the Servicer with all such
information as may reasonably be required in connection with the Servicer's
preparation of all Tax Returns of the Trust Fund REMIC or for the purpose of the
Servicer's responding to reasonable requests for information made by
Certificateholders in connection with tax matters and, within five (5) Business
Days of a request therefor, shall (i) sign on behalf of the Trust Fund REMIC any
Tax Return that the Trustee is required to sign pursuant to applicable federal,
state or local tax laws, and (ii) cause such Tax Return to be returned in a
timely manner to the Servicer for distribution to Certificateholders or filed
with a government authority if required.
Section 12.12 Appointment of Custodians.
The Trustee may, with the consent of the Servicer and the Certificate
Insurer, appoint one or more Custodians to hold all or a portion of the
Trustee's Mortgage Files as agent for the Trustee, by entering into a Custodial
Agreement. Subject to this Article XII, the Trustee agrees to comply with the
terms of each Custodial Agreement and to enforce the terms and provisions
thereof against the Custodian for the benefit of the Certificateholders and the
Certificate Insurer. Each Custodian shall be a depository institution subject to
supervision by federal or state authority and shall be qualified to do business
in the jurisdiction in which it holds any Trustee's Mortgage File. Each
Custodial Agreement may be amended only as provided in Section 14.02.
Section 12.13 Trustee May Enforce Claims Without Possession of
Certificates.
All rights of action and claims under this Agreement or the Certificates
may be prosecuted and enforced by the Trustee without the possession of any of
the Certificates or the production thereof in any proceeding relating thereto,
any such proceeding instituted by the Trustee shall be brought in its own name
or in its capacity as Trustee. Any recovery of judgment shall, after provision
for the payment of the reasonable compensation, expenses, disbursements and
advances of the Trustee, its agents and counsel, be for the ratable benefit of
the Certificateholders in respect of which such judgment has been recovered.
Section 12.14 Suits for Enforcement.
In case an Event of Default or other default by the Servicer hereunder
shall occur and be continuing, the Trustee, in its discretion, but subject to
Section 10.01, may proceed to protect and enforce its rights and the rights of
the Certificateholders under this Agreement by a suit, action or proceeding in
equity or at law or otherwise, whether for the specific performance of any
covenant or agreement contained in this Agreement or in aid of the execution of
any power granted in this Agreement or for the enforcement of any other legal,
equitable or other remedy,
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as the Trustee, being advised by counsel, shall deem most effectual to protect
and enforce any of the rights of the Trustee or the Certificateholders.
Section 12.15 Control of Remedies by Certificate Insurer and
Certificateholders.
Notwithstanding anything herein to the contrary, the Certificate Insurer or
the Class 1A and Class 2A Majority Certificateholders, with the consent of the
Certificate Insurer, may direct the time, method and place of conducting any
proceeding relating to the Trust Fund or the Certificates or for any remedy
available to the Trustee with respect to the Certificates or exercising any
trust or power conferred on the Trustee with respect to the Certificates or the
Trust Fund; provided, that:
(i) such direction shall not be unlawful or in conflict with this
Agreement;
(ii) the Trustee shall have been provided with indemnity satisfactory
to it;
(iii) the Trustee may take any other action deemed proper by the
Trustee which is not inconsistent with such direction; and
(iv) that the Trustee need not take any action which it determines
might involve it in liability or may be unjustly prejudicial to the Holders
not so directing.
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ARTICLE XIII
REMIC PROVISIONS
Section 13.01 REMIC Administration.
(a) The Servicer shall make an election to treat the Trust Fund REMIC as a
REMIC under the Code and, if necessary, under applicable state law. Such
elections will be made on Form 1066 or other appropriate federal tax or
information return or any appropriate state return for the taxable year ending
on the last day of the calendar year in which the Certificates are issued. For
the purposes of the REMIC election in respect of the Trust Fund REMIC, the Class
1A and Class 2A Certificates shall be designated as the "regular interests", and
the Class R Certificates shall be designated as the sole class of "residual
interests" in the Trust Fund REMIC. The Servicer shall not permit the creation
of any "interests" in the Trust Fund REMIC (within the meaning of Section 860G
of the Code) other the than interests represented by the Certificates.
(b) The Closing Date is hereby designated as the "Startup Day" of the Trust
Fund REMIC within the meaning of Section 860G(a)(9) of the Code.
(c) The Servicer shall hold the Tax Matters Person Residual Interest
Certificate representing a 0.01% Percentage Interest of the Class R Certificates
and is designated as the Tax Matters Person of the Trust Fund REMIC, as provided
under Treasury regulations Section 1.860F-4(d) and temporary Treasury
regulations Section 301.6231(a)(7)-1(a). The Servicer, as Tax Matters Person,
shall (i) act on behalf of the Trust Fund REMIC, in relation to any tax matter
or controversy involving such REMIC and (ii) represent the Trust Fund REMIC in
any administrative or judicial proceeding relating to an examination or audit by
any governmental taxing authority with respect thereto. To the extent authorized
under the Code and the regulations promulgated thereunder, each Holder of a
Class R Certificate hereby irrevocably appoints and authorizes the Servicer to
be its attorney-in-fact for purposes of signing any Tax Returns required to be
filed on behalf of the Trust Fund REMIC. The legal expenses and costs of any
such action described in this subsection and any liability resulting therefrom
shall constitute Servicing Advances and the Servicer shall be entitled to
reimbursement therefor unless such legal expenses and costs are incurred by
reason of the Servicer's willful misfeasance, bad faith or gross negligence.
(d) The Servicer shall prepare or cause to be prepared all of the Tax
Returns in respect of the Trust Fund REMIC created hereunder and deliver such
Tax Returns to the Trustee for signing and the Trustee shall sign and promptly
return to the Servicer for filing such Tax Returns in order that the Servicer
may file such Tax Returns in a timely manner. The expenses of preparing and
filing such returns shall be borne by the Servicer without any right of
reimbursement therefor.
(e) The Servicer shall perform on behalf of the Trust Fund all reporting
and other tax compliance duties that are the responsibility of the Trust Fund
under the Code, REMIC Provisions or other compliance guidance issued by the
Internal Revenue Service or any state or
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local taxing authority. Among its other duties, as required by the Code, the
REMIC Provisions or other such compliance guidance, the Servicer shall provide
(i) to any Transferor of a Class R Certificate such information as is necessary
for the application of any tax relating to the transfer of a Class R Certificate
to any Person who is not a Permitted Transferee, (ii) to Certificateholders such
information or reports as are required by the Code or the REMIC Provisions
including reports relating to interest, original issue discount and market
discount or premium (using the Prepayment Assumption) and (iii) to the Internal
Revenue Service the name, title, address and telephone number of the person who
will serve as the representative of the Trust Fund.
(f) To the extent that the affairs of the Trust Fund are within its control
and the scope of its specific responsibilities under this Agreement, the
Servicer shall take such action and shall cause the Trust Fund REMIC created
under this Agreement to take such action as shall be reasonably necessary to
create or maintain the status thereof as a REMIC under the REMIC Provisions (and
the Trustee shall assist it, to the extent reasonably requested by it). The
Servicer shall not knowingly or intentionally take any action, cause the Trust
Fund REMIC to take any action or fail to take (or fail to cause to be taken) any
action that, under the REMIC Provisions, if taken or not taken, as the case may
be, could (i) endanger the status of the Trust Fund REMIC as a REMIC or (ii)
result in the imposition of a tax upon the Trust Fund REMIC (including but not
limited to the tax on prohibited transactions as defined in Section 860F(a)(2)
of the Code and the tax on contributions to a REMIC set forth in Section 860G(d)
of the Code) (either such event, an "Adverse REMIC Event") unless the Servicer
has received an Opinion of Counsel to the effect that the contemplated action
will not, with respect to the Trust Fund REMIC created hereunder, endanger such
status or result in the imposition of such a tax. If the Servicer has delivered
to the Trustee an Opinion of Counsel indicating that an action or omission of
the Trustee not otherwise required hereby may result in an Adverse REMIC Event,
the Trustee shall not take such action, or omit taking such action, as the case
may be. In addition, prior to taking any action with respect to the Trust Fund
REMIC or its assets, or causing the Trust Fund REMIC to take any action, which
is not expressly permitted under the terms of this Agreement, the Trustee shall
consult with the Servicer or its designee with respect to whether such action
may cause an Adverse REMIC Event and the Trustee shall not take any such action
or cause the Trust Fund REMIC to take any such action as to which the Servicer
has advised it in writing that an Adverse REMIC Event may occur. If the Trustee
so consults with the Servicer and the Servicer fails to respond within three
Business Days, the Trustee may take such action, provided that such action would
not otherwise constitute a breach of this Agreement. The Servicer may consult
with counsel as to the rendering of such written advice, and the cost of such
consultation and the production of any Opinions of Counsel, or written advice,
shall be borne by the party seeking to take the action not otherwise permitted
by this Agreement; provided, however that in no event shall the Trustee be
liable or responsible for such costs. The Trustee may conclusively presume that
any action taken or omitted at the written direction or request of the Servicer
will not result in an Adverse REMIC Event, and the Trustee shall not be liable
or responsible for any Adverse REMIC Event arising out of or resulting from any
such action or omission.
(g) In the event that any tax is imposed on "prohibited transactions" of
the Trust Fund REMIC created hereunder as defined in Section 860F(a)(2) of the
Code, on "net income from foreclosure property" of the Trust Fund REMIC, as
defined in Section 860G(c) of the Code,
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on any contributions to the Trust Fund REMIC after the Startup Day pursuant to
Section 860G(d) of the Code, or any other tax is imposed by the Code or any
applicable provisions of state or local tax laws, such tax shall be charged (i)
against the party the actions of which gave rise to such taxes and (ii)
otherwise against amounts on deposit in the related Certificate Account and
shall be paid by withdrawal therefrom.
(h) On or before April 15 of each calendar year, commencing April 15, 1999,
the Servicer shall deliver to the Trustee a Certificate from a Responsible
Officer of the Servicer stating the Servicer's compliance with this Article
XIII.
(i) The Trustee and the Servicer shall, for federal income tax purposes,
maintain books and records with respect to the Trust Fund REMIC on a calendar
year and on an accrual basis, to the extent such books and records are
maintained pursuant to this Agreement.
(j) After the 90-day period commencing on the Startup Day, the Servicer
shall not accept any contributions of assets to the Trust Fund REMIC, unless it
shall have received an Opinion of Counsel to the effect that the inclusion of
such assets in the Trust Fund will not cause the Trust Fund REMIC to fail to
qualify as a REMIC at any time that any Certificates are outstanding or subject
the Trust Fund REMIC to any tax under the REMIC Provisions or other applicable
provisions of federal, state and local law or ordinances.
(k) Neither the Servicer nor the Trustee shall enter into any arrangement
by which the Trust Fund REMIC will receive a fee or other compensation for
services nor permit the Trust Fund REMIC to receive any income from assets other
than "qualified mortgages" as defined in Section 860G(a)(3) of the Code or
"permitted investments" as defined in Section 860G(a)(5) of the Code.
(l) Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
regulations, the "latest possible maturity date" of the Class A Certificates and
the date by which the Class 1A Principal Balance and the Class 2A Principal
Balance would be reduced to zero is July 25, 2028 which is the Remittance Date
immediately following the latest scheduled maturity of any Mortgage Loan.
(m) Upon any termination of, or appointment of any successor to, the
Servicer with respect to the last Group covered under this Agreement hereunder,
the Servicer shall promptly, upon the request of the Trustee, transfer all of
the related Tax Matters Person Residual Interest Certificates to the successor
Servicer. If a successor Servicer has not been appointed by the Trustee, the
Servicer shall promptly, upon the request of the Trustee, transfer all of the
related Tax Matters Person Residual Interest Certificates to the Depositor who
shall serve as the related Tax Matters Person until such time as the Trustee
appoints a successor Servicer. Any entity appointed by the Trustee as successor
Servicer shall agree to hold the related Tax Matters Person Residual Interest
Certificates as a condition to its appointment as Servicer.
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(n) All expenses incurred by the Servicer in performing its duties under
this Article XIII (other than as provided in Section 13.01(d) and expenses for
salaries of its own employees and overhead) shall constitute Servicing Advances
under this Agreement.
Section 13.02 Prohibited Transactions and Activities.
Neither the Depositor, the Trustee nor the Servicer shall sell, dispose of
or substitute for any of the Mortgage Loans (except in connection with (i) the
foreclosure of a Mortgage Loan, including but not limited to, the acquisition or
sale of a Mortgaged Property acquired by deed in lieu of foreclosure, (ii) the
bankruptcy of the Trust Fund, (iii) the termination of the Trust Fund REMIC
pursuant to Article XI or (iv) a purchase of Mortgage Loans pursuant to Articles
II or III), nor acquire any assets for the Trust Fund, nor sell or dispose of
any investments in the Certificate Account for gain, nor accept any
contributions to the Trust Fund REMIC after the Closing Date unless it has
received an Opinion of Counsel (at the expense of the party seeking to cause
such sale, disposition, substitution or acquisition) indicating that such sale,
disposition, substitution or acquisition will not (a) affect adversely the
status of the Trust Fund REMIC as a REMIC or (b) cause the Trust Fund REMIC to
be subject to a tax on "prohibited transactions", "contributions" or, except as
otherwise provided for in this Agreement, "net income from foreclosure property"
pursuant to the REMIC Provisions.
Section 13.03 Servicer and Trustee Indemnification.
(a) The Trustee agrees to indemnify the Trust Fund, the Depositor and the
Servicer for any taxes and costs including, without limitation, any reasonable
attorneys' fees imposed on or incurred by the Trust Fund, the Depositor or the
Servicer, as a result of a breach of the Trustee's covenants set forth in
Article XII or this Article XIII.
(b) The Servicer agrees to indemnify the Trust Fund, the Depositor and the
Trustee for any taxes and costs including, without limitation, any reasonable
attorneys' fees imposed on or incurred by the Trust Fund, the Depositor or the
Trustee, as a result of a breach of the Servicer's covenants set forth in
Articles V, VII, IX or this Article XIII with respect to compliance with the
REMIC Provisions, including without limitation, any penalties arising from the
Trustee's execution of Tax Returns prepared by the Servicer that contain
material errors or omissions.
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ARTICLE XIV
MISCELLANEOUS PROVISIONS
Section 14.01 Acts of Certificateholders.
Except as otherwise specifically provided herein, whenever
Certificateholder action, consent or approval is required under this Agreement,
such action, consent or approval shall be deemed to have been taken or given on
behalf of, and shall be binding upon, all Certificateholders with respect to a
Group if the Majority Certificateholders of the related Group agree to take such
action or give such consent or approval.
Section 14.02 Amendment.
(a) This Agreement may be amended from time to time by the Depositor, the
Trustee and the Servicer by written agreement upon the prior written consent of
the Certificate Insurer, without notice to or consent of the Certificateholders,
to cure any error or ambiguity, to correct or supplement any provisions herein
which may be inconsistent with any other provisions hereof, to evidence any
succession to the Servicer, to comply with any changes in the Code, to amend
this Agreement to modify, eliminate or add to any of its provisions to such
extent as shall be necessary or appropriate to maintain the qualification of the
Trust Fund REMIC as a REMIC under the Code or to make any other provisions with
respect to matters or questions arising under this Agreement which shall not be
inconsistent with the provisions of this Agreement, or any Custodial Agreement;
provided, however, that such action shall not, as evidenced by an Opinion of
Counsel, at the expense of the party requesting the change, delivered to the
Trustee, adversely affect in any material respect the interests of any
Certificateholder; and provided further, that no such amendment shall reduce in
any manner the amount of, or delay the timing of, payments received on Mortgage
Loans which are required to be distributed on any Certificate without the
consent of the Holder of such Certificate, or change the rights or obligations
of any other party hereto without the consent of such party. The Trustee shall
give prompt written notice to the Rating Agencies of any amendment made pursuant
to this Section 14.02.
(b) This Agreement may be amended from time to time by the Depositor, the
Trustee and the Servicer and with the consent of the Certificate Insurer and (i)
the Class 1A Majority Certificateholders in the case of an amendment affecting
the Class 1A Certificates and (ii) the Class 2A Majority Certificateholders in
the case of an amendment affecting the Class 2A Certificates; provided, however,
that no such amendment shall be made unless the Trustee receives an Opinion of
Counsel, at the expense of the party requesting the change, that such change
will not adversely affect the status of the Trust Fund REMIC as a REMIC or cause
a tax to be imposed on the Trust Fund REMIC, and provided further, that no such
amendment shall reduce in any manner the amount of, or delay the timing of,
payments received on Mortgage Loans which are required to be distributed on any
Certificate without the consent of the Holder of such Certificate or reduce the
percentage for each Class the Holders of which are required to consent to any
such amendment without the consent of the Holders of 100% of each Class of
Certificates affected thereby.
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(c) It shall not be necessary for the consent of Holders under this Section
to approve the particular form of any proposed amendment, but it shall be
sufficient if such consent shall approve the substance thereof. The manner of
obtaining such consents and of evidencing the authorization of the execution
thereof by Certificateholders shall be subject to such reasonable requirements
as the Trustee may prescribe.
Prior to the execution of any amendment to this Agreement, the Trustee
shall be entitled to receive and rely upon an Opinion of Counsel stating that
the execution of such amendment is authorized or permitted by this Agreement.
The Trustee may, but shall not be obligated to, enter into any such amendment
which affects the Trustee's own rights, duties or immunities under this
Agreement.
In connection with the solicitation of consents of Certificateholders
pursuant to this Section 14.02, upon written request of the Depositor, the
Trustee shall provide written copies of the current Certificate Register to the
Depositor.
Section 14.03 Recordation of Agreement.
To the extent permitted by applicable law, this Agreement, 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 Certificate
holders' expense on direction of the Certificate Insurer or the Majority
Certificateholders of both Groups, 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 14.04 Duration of Agreement.
This Agreement shall continue in existence and effect until terminated as
herein provided.
Section 14.05 Governing Law.
This Agreement 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 14.06 Notices.
(a) All demands, notices and communications hereunder shall be in writing
and shall be deemed to have been duly given if personally delivered at or mailed
by overnight mail, certified mail or registered mail, postage prepaid, to (i) in
the case of Superior Bank, as Depositor, One Lincoln Centre, Oakbrook Terrace,
Illinois 60181, Attention: William C. Bracken, or such
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other addresses as may hereafter be furnished to the Certificateholders in
writing by the Depositor, (ii) in the case of Superior Bank FSB, as Servicer,
One Lincoln Centre, Oakbrook Terrace, Illinois 60181, Attention: William C.
Bracken, or such other addresses as may hereafter be furnished to the
Certificateholders in writing by the Servicer, (iii) in the case of the Trustee,
LaSalle National Bank, 135 S. LaSalle Street, Suite 1740, Chicago, Illinois
60674-4107, Attention: Asset-Backed Securities Trust Services Department - AFC
1998-2, (iv) in the case of the Certificateholders, as set forth in the
Certificate Register, (v) in the case of Moody's, 99 Church Street, New York,
New York 10007 Attention: Home Equity Loan Monitoring Group, (vi) in the case of
S&P, 26 Broadway, 15th Floor, New York, New York 10004 Attention: Residential
Mortgage Surveillance Group, and (vii) in the case of the Certificate Insurer,
Financial Guaranty Insurance Company, 115 Broadway, New York, New York 10006,
Attention: Group Leader -- Research and Risk Management. Any such notices shall
be deemed to be effective with respect to any party hereto upon the receipt of
such notice by such party, except that notices to the Certificateholders shall
be effective upon mailing or personal delivery.
(b) The Trustee shall use its best efforts to promptly provide notice to
each Rating Agency with respect to each of the following of which it has actual
knowledge:
1. Any material change or amendment to this Agreement;
2. The occurrence of any Event of Default that has not been cured;
3. The resignation or termination of the Servicer or the Trustee and the
appointment of any successor;
4. The repurchase or substitution of Mortgage Loans; and
5. The final payment to Certificateholders.
In addition, the Trustee shall promptly furnish to each Rating Agency
copies of the following:
1. Each report to Certificateholders described in Section 6.08;
2. Each annual statement as to compliance described in Section 7.04; and
3. Each annual independent public accountants' servicing report described
in Section 7.05.
Section 14.07 Severability of Provisions.
If any one or more of the covenants, agreements, provisions or terms of
this Agreement shall be held invalid for any reason whatsoever, then such
covenants, agreements, provisions or terms shall be deemed severable from the
remaining covenants, agreements,
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provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other covenants, agreements, provisions or terms of this
Agreement.
Section 14.08 No Partnership.
Nothing herein contained shall be deemed or construed to create a
co-partnership or joint venture between the parties hereto and the services of
the Servicer shall be rendered as an independent contractor and not as agent for
the Certificateholders.
Section 14.09 Counterparts.
This Agreement 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 agreement.
Section 14.10 Successors and Assigns.
This Agreement shall inure to the benefit of and be binding upon the
Servicer, the Depositor, the Trustee and the Certificateholders and their
respective successors and assigns.
Section 14.11 Headings.
The headings of the various sections of this Agreement have been inserted
for convenience of reference only and shall not be deemed to be part of this
Agreement.
Section 14.12 The Certificate Insurer.
The Certificate Insurer shall be a third-party beneficiary of this
Agreement, entitled to enforce any provisions hereof as if a party hereto. Any
right conferred to the Certificate Insurer with respect to a Group shall be
suspended during any period in which the Certificate Insurer is in default in
its payment obligations under the Certificate Insurance Policy. At such time as
the Certificates with respect to a Group are no longer outstanding hereunder,
and no amounts owed to the Certificate Insurer hereunder with respect to such
Group remain unpaid, the Certificate Insurer's rights hereunder with respect to
such Group shall terminate.
Section 14.13 Paying Agent.
The Trustee hereby accepts appointment as Paying Agent. The Trustee may,
subject to the eligibility requirements for the Trustee set forth in Section
12.06, other than Section 12.06(iv), appoint one or more other Paying Agents or
successor Paying Agents.
Each Paying Agent, immediately upon such appointment, shall signify its
acceptance of the duties and obligations imposed upon it by this Agreement by
written instrument of acceptance deposited with the Trustee with a copy being
sent to the Certificate Insurer.
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Each such Paying Agent other than the Trustee shall execute and deliver to
the Trustee an instrument in which such Paying Agent shall agree with the
Trustee, subject to the provisions of Section 6.06, that such Paying Agent will:
(1) allocate all sums received for distribution to the Holders of
Certificates of each Class for which it is acting as Paying Agent on
each Remittance Date among such Holders in the proportion specified by
the Trustee; and
(2) hold all sums held by it for the distribution of amounts due with
respect to the Certificates in trust for the benefit of the Holders
entitled thereto until such sums shall be paid to such Holders or
otherwise disposed of as herein provided and pay such sums to such
Persons as herein provided.
Any Paying Agent other than the Trustee may at any time resign and be
discharged of the duties and obligations created by this Agreement by giving at
least sixty (60) days written notice to the Trustee. Any such Paying Agent may
be removed at any time by an instrument filed with such Paying Agent signed by
the Trustee.
In the event of the resignation or removal of any Paying Agent other than
the Trustee such Paying Agent shall pay over, assign and deliver any moneys held
by it as Paying Agent to its successor, or if there be no successor, to the
Trustee.
Upon the appointment, removal or notice of resignation of any Paying Agent,
the Trustee shall notify the Certificate Insurer and the Certificateholders by
mailing notice thereof to their addresses appearing on the Certificate Register.
Section 14.14 Actions of Certificateholders.
(a) Any request, demand, authorization, direction, notice, consent, waiver
or other action provided by this Agreement to be given or taken by
Certificateholders may be embodied in and evidenced by one or more instruments
of substantially similar tenor signed by such Certificateholders in person or by
agent duly appointed in writing; and except as herein otherwise expressly
provided, such action shall become effective when such instrument or instruments
are delivered to the Trustee and, where required, to the Depositor or the
Servicer. Proof of execution of any such instrument or of a writing appointing
any such agent shall be sufficient for any purpose of this Agreement and
conclusive in favor of the Trustee, the Depositor and the Servicer, if made in
the manner provided in this Section.
(b) The fact and date of the execution by any Certificateholder of any such
instrument or writing may be proved in any reasonable manner which the Trustee
deems sufficient.
(c) Any request, demand, authorization, direction, notice, consent, waiver
or other act by a Certificateholder shall bind every Holder of every Certificate
issued upon the registration of transfer thereof or in exchange therefor or in
lieu thereof, in respect of anything
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done, or omitted to be done, by the Trustee, the Depositor or either Servicer in
reliance thereon, whether or not notation of such action is made upon such
Certificate.
(d) The Trustee may require additional proof of any matter referred to in
this Section 14.14 as it shall deem necessary.
Section 14.15 Grant of Security Interest.
It is the express intent of the parties hereto that the conveyance of the
Mortgage Loans and all other assets constituting the Trust Fund, by the
Depositor to the Trustee be, and be construed as, a sale of the Mortgage Loans
and such other assets constituting the Trust Fund by the Depositor and not a
pledge by the Depositor to secure a debt or other obligation of the Depositor.
However, in the event that, notwithstanding the aforementioned intent of the
parties, the Mortgage Loans and other assets constituting the Trust Fund are
held to be property of the Depositor, then it is the express intent of the
parties that such conveyance be deemed as a pledge of the Mortgage Loans and all
other assets constituting the Trust Fund to the Trustee to secure a debt or
other obligation of the Depositor and this Agreement shall be deemed to be a
security agreement within the meaning of the Uniform Commercial Code and the
conveyances provided for in Section 2.01 hereof shall be deemed a grant by the
Depositor to the Trustee of a security interest in all of the Depositor's right,
title and interest in and to the Mortgage Loans and all other assets
constituting the Trust Fund. Accordingly, the Depositor hereby grants to the
Trustee a security interest in the Mortgage Loans and all other assets
constituting the Trust Fund for the purpose of securing to the Trustee the
performance by the Depositor of the obligations under this Agreement.
Notwithstanding the foregoing, the parties hereto intend the conveyances
pursuant to Section 2.01 to be a true, absolute and unconditional sale of the
Mortgage Loans and all other assets constituting the Trust Fund by the Depositor
to the Trustee. The Depositor and the Trustee (at the written direction and
expense of the Depositor) shall take such actions as may be necessary to ensure
that if this Agreement were deemed to create a security interest, such security
interest would be deemed to be a perfected security interest of first priority
under applicable law and will be maintained as such for the term of this
Agreement. Without limiting the generality of the foregoing, the Servicer shall
file, or shall cause to be filed, all filings necessary to maintain the
effectiveness of any original filings necessary under the Uniform Commercial
Code to perfect the Trustee's security interest in or lien on the Mortgage
Loans, including, without limitation, (x) continuation statements and (y) such
other statements as may be occasioned by (i) any change of name of the Depositor
or Trustee, (ii) any change of location of the place of business or the chief
executive office of the Depositor or (iii) any transfer of any interest of the
Depositor in any Mortgage Loan.
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IN WITNESS WHEREOF, the Servicer, the Trustee and the Depositor have caused
their names to be signed hereto by their respective officers thereunto duly
authorized as of the day and year first above written.
SUPERIOR BANK FSB, in its capacities as
Depositor and Servicer
By: /s/ WILLIAM C. BRACKEN
---------------------------------------
Name: William C. Bracken
Title: Chief Financial Officer
Senior Vice President
LASALLE NATIONAL BANK, as Trustee
By: /s/ SHASHANK MISHRA
---------------------------------------
Name: Shashank Mishra
Title: First Vice President
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State of )
) ss.:
County of )
On the 25th day of June, 1998 before me, a Notary Public in and for the
State of Illinois, personally appeared William C. Bracken known to me to be a
Senior Vice President of Superior Bank FSB, that executed the within instrument
and also known to me to be the person who executed it on behalf of said
corporation, and acknowledged to me that such corporation executed the within
instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.
---------------------------------------
[SEAL] Notary Public
My Commission expires ____________
<PAGE>
State of )
) ss.:
County of )
On the 25th day of June, 1998 before me, a Notary Public in and for the
State of Illinois, personally appeared Shashank Mishra known to me to be a First
Vice President of LaSalle National Bank, the banking corporation that executed
the within instrument and also known to me to be the person who executed it on
behalf of said banking corporation, and acknowledged to me that such corporation
executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.
---------------------------------------
[SEAL] Notary Public
My Commission expires ____________
<PAGE>
EXHIBIT A
CONTENTS OF MORTGAGE FILE
With respect to each Mortgage Loan, the Mortgage File shall include each of
the following items, all of which shall be available for inspection by the
Certificateholders, to the extent required by applicable laws:
1. The original Mortgage Note, showing a complete chain of endorsements
and endorsed by the last endorsee thereof "Pay to the order of
_________ [or LaSalle National Bank, as Trustee under the Pooling and
Servicing Agreement, dated as of June 1, 1998, Series 1998-2] without
recourse" and signed, by facsimile or manual signature, by such last
endorsee.
2. Either: (i) the original Mortgage, with evidence of recording thereon,
(ii) a copy of the Mortgage certified as a true copy by a Responsible
Officer of the Depositor or by the closing attorney, or by an officer
of the title insurer or agent of the title insurer which issued the
related title insurance policy, or commitment therefor, if the
original has been transmitted for recording until such time as the
original is returned by the public recording office or (iii) a copy of
the Mortgage certified by the public recording office in those
instances where the original recorded Mortgage has been lost.
3. Either: (a) (1) the original Assignment of Mortgage from the last
assignee of the related Mortgage assigned to the Trustee, with
evidence of recording thereon, or (2) an original assignment of
mortgage from the last assignee of the related Mortgage assigned in
blank, or (b) if an original Assignment of Mortgage has not yet been
provided in accordance with clause (a), an Assignment of Mortgage to
the Trustee, certified by an appropriate officer or approved signatory
of the Depositor or the closing attorney or any officer of the title
insurer that issued the related title insurance policy, or commitment
therefor, or its duly authorized agent, as being a true and complete
copy of the original of such Assignment of Mortgage to the Trustee
submitted for recording (provided, however, that an appropriate
officer or approved signatory of the Depositor may complete one or
more blanket certificates attaching copies of one or more Assignments
of Mortgage to the Trustee relating thereto) or (c) a copy of such
original Assignment of Mortgage to the Trustee, with evidence of
recording thereon, certified to be true and complete by the Depositor
or the appropriate public recording office, in those instances where
such original Assignment of Mortgage has been recorded but
subsequently lost; any such Assignment of Mortgage may be made by
blanket assignments for Mortgage Loans secured by the Mortgaged
Properties located in the same county, if permitted by applicable law.
4. The original policy of title insurance or a true copy thereof or, if
such policy has not yet been delivered by the insurer, the commitment
or binder to issue same, and, with respect to a Manufactured Home
Loan, a manufactured housing unit
<PAGE>
(American Land Title Association 7) endorsement from the title insurer
stating that the insurer agrees that the related manufactured housing
unit is included within the term "land" when used in the title policy.
5. Originals of all assumption and modification agreements, if any, or a
copy certified as a true copy by a Responsible Officer of the
Depositor if the original has been transmitted for recording until
such time as the original is returned by the public recording office.
6. Either: (i) originals of all intervening assignments, if any, showing
a complete chain of title from the originator to the last assignee of
the related Mortgage, including any recorded warehousing assignments,
with evidence of recording thereon, or, (ii) if the original
intervening assignments have not yet been returned from the recording
office, a copy of the originals of such intervening assignments
together with a certificate of a Responsible Officer of the Depositor
or the closing attorney or an officer of the title insurer which
issued the related title insurance policy, or commitment therefor, or
its duly authorized agent certifying that the copy is a true copy of
the original of such intervening assignments or (iii) a copy of the
intervening assignment certified by the public recording office in
those instances where the original recorded intervening assignment has
been lost.
7. Proof of hazard insurance in the form of the declaration page of a
hazard insurance policy together with a direction to the insurer or
agent to add the name of the mortgagee, its successors and assigns, as
mortgagee/loss payee, or hazard insurance policy endorsement that
names the Depositor, its successors and assigns, as a mortgagee/loss
payee, and, if such endorsement does not show the amount insured by
the related hazard insurance policy, some evidence of such amount
except with respect to those Mortgage Loans purchased by the Depositor
from an investor as to which such proof of hazard insurance shall be
delivered not later than 180 days after the Closing Date and, if
required by law, flood insurance policy, with extended coverage of the
hazard insurance policy.
8. With respect to each Multifamily Loan Mixed Use Loan and Commercial
Loan, (i) if such item is a document separate from the Mortgage either
(a) an original copy of the related Assignment of Leases, if any (with
recording information indicated thereon), or (b) if the original of
such Assignment of Leases has not yet been returned from the filing
office, a copy of such original, certified by an appropriate officer
or approved signatory of the Depositor or the closing attorney or any
officer of the title insurer that issued the related title insurance
policy, or commitment therefor, or its duly authorized agent, as being
a true and complete copy of the original of such Assignment of Leases
submitted for filing; (ii) an original assignment of any related
Assignment of Leases, if any (if such document is a document separate
from the Mortgage and not incorporated in the Assignment of Mortgage),
in blank and in recordable form; (iii) if such item is a document
separate from the Mortgage either (A) an original copy of all
intervening
-2-
<PAGE>
assignments of Assignment of Leases, if any (with recording
information indicated thereon), or (B) if the original of such
intervening assignments of Assignment of Leases has not yet been
returned from the recording office, a copy of such original, certified
by an appropriate officer or approved signatory of the Depositor or
the closing attorney or any officer of the title insurer that issued
the related title insurance policy, or commitment therefor, or its
duly authorized agent, as being a true and complete copy of the
original of such intervening assignment of Assignment of Leases
submitted for recording; (iv) either (a) a copy of the UCC-1 financing
statement and any related continuation statements, if any, each
showing the Mortgagor as debtor and mortgagee as secured party and
each with evidence of filing thereon, or (b) if the copy of the UCC-1
financing statement has not yet been returned from the filing office,
a copy of such UCC-1 financing statement, certified by an appropriate
officer or approved signatory of the Depositor or the closing attorney
or any officer of the title insurer that issued the related title
insurance policy, or commitment therefor, or its duly authorized
agent, as being a true and complete copy of the original of such UCC-1
financing statement submitted for filing; (v) an original executed
form UCC-2 or UCC-3 financing statement, in form suitable for filing,
disclosing the assignment in blank, of the security interest in the
personal property constituting security for repayment of the Mortgage
Loan; and (vi) either (A) an original copy of all intervening
assignments of UCC-3 financing statements, if any (with evidence of
filing thereon), or (B) if the original of such intervening
assignments of UCC-3 financing statements has not yet been returned
from the filing office, a copy of such original, certified by an
appropriate officer or approved signatory of the Depositor or the
closing attorney or any officer of the title insurer that issued the
related title insurance policy, or commitment therefor, or its duly
authorized agent, as being a true and complete copy of the original of
such intervening assignments of UCC-3 financing statements submitted
for recording. If in connection with any Mortgage Loan the Depositor
cannot deliver any such financing statement(s) with evidence of filing
thereon because such financing statement(s) has not yet been returned
by the public filing office where such financing statement(s) has been
submitted for filing, then the Depositor shall deliver or cause to be
delivered a photocopy of such financing statement(s) (certified by the
Depositor to be a true and complete copy) together with an officers'
certificate stating that such financing statement(s) has been
dispatched to the appropriate public filing office for filing.
9. Mortgage Loan closing statement and any other truth-in-lending or real
estate settlement procedure forms required by law.
10. Residential loan application.
11. Verification of employment and income, and tax returns, if any.
12. Credit report on the mortgagor.
-3-
<PAGE>
13. The full appraisal made in connection with the origination of the
related Mortgage Loan with photographs of the subject property and of
comparable properties, constituting evidence sufficient to indicate
that the Mortgaged Property relates to a Residential Dwelling.
14. With respect to Group 1, to the extent that such Group 1 Mortgage Loan
is secured by a second priority lien, a verification of the first
mortgage.
15. All other papers and records developed or originated by the Depositor
or others, required to document the Mortgage Loan or to service the
Mortgage Loan.
-4-
<PAGE>
EXHIBIT B-1
[FORM OF CLASS 1A CERTIFICATE]
[DTC LEGEND]
AFC Mortgage Loan Asset Backed Certificate
Series 1998-2 Original Class 1A
Class 1A Principal Balance:
$________________
No. ______________
Date of Pooling and Original Dollar Amount as of the Closing
Servicing Agreement: Date Represented by this Certificate:
June 1, 1998 $________________
Servicer: Percentage Interest of
Superior Bank FSB this Certificate:
%
First Remittance Date:
July 27, 1998
Original Group 1 Principal
Closing Date: Balance: $_____________
June __, 1998
Original Group 1 Pre-Funded Amount:
Class 1A $________________
Pass-Through Rate:
variable
Latest Scheduled Maturity Date of the Class
CUSIP #: A Certificates:
___________ 1, 20__
Trustee: LaSalle National Bank
This certifies that is the registered owner of the percentage interest (the
"Percentage Interest") specified above in that certain beneficial ownership
interest evidenced by all the Class 1A Certificates of the above referenced
series (the "Class 1A Certificates") in a Trust Fund consisting primarily of
certain residential first and second mortgage loans (the "Mortgage Loans")
serviced by Superior Bank FSB (the "Servicer"). The Mortgage Loans were
originated or acquired by Superior Bank FSB (the "Depositor"). The Trust Fund
will be created by the Depositor and the Mortgage Loans will be serviced by the
Servicer pursuant to the terms and conditions of that certain Pooling and
Servicing Agreement dated as of June 1, 1998 (the "Agreement") by and among the
Servicer, the Depositor and LaSalle National Bank, as trustee (the "Trustee"),
certain of the pertinent provisions of which are set forth herein. The Cut-off
Date with respect to the Group 1 Initial Mortgage Loans is June 1, 1998. To the
extent not defined
<PAGE>
herein, the capitalized terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which terms and provisions the
Holder of this Certificate by virtue of the acceptance hereof assents and by
which such Holder is bound.
On each Remittance Date, commencing on July 27, 1998, the Trustee or Paying
Agent shall distribute to the Person in whose name this Certificate is
registered on the Business Day immediately preceding such Remittance Date with
respect to the Class 1A Certificates and the Class 2A Certificates, and the last
Business Day of the month preceding the month of such Remittance, with respect
to the Class R Certificates (each, a "Record Date"), an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the amount
required to be distributed to Holders of Class 1A Certificates on such
Remittance Date pursuant to Section 6.06 of the Agreement.
Distributions on this Certificate will be made by the Trustee or Paying
Agent by wire transfer of immediately available funds to the account of the
Person entitled thereto as shall appear on the Certificate Register without the
presentation or surrender of this Certificate or the making of any notation
thereon, at a bank or other entity having appropriate facilities therefor, if
such Person shall own of record (i) any Class R Certificate or (ii) any Class A
Certificate with an initial related Class A Principal Balance in excess of
$5,000,000, and shall have so notified the Trustee in writing at least five
Business Days prior to the related Remittance Date, or otherwise by check mailed
to the address of such Person appearing in the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Servicer of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Certificate Registrar in Chicago, Illinois.
-2-
<PAGE>
IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this
Certificate to be duly executed under its official seal.
LASALLE NATIONAL BANK,
as Trustee
By: __________________________________
Authorized Officer
Dated:________________________
(Seal)
CERTIFICATE OF AUTHENTICATION
This is a Class 1A Certificate referred to in the within-mentioned
Agreement.
LASALLE NATIONAL BANK,
as Certificate Registrar
By: _________________________________
Authorized Officer
-3-
<PAGE>
EXHIBIT B-2
[FORM OF CLASS 2A CERTIFICATE]
[DTC LEGEND]
AFC Mortgage Loan Asset Backed Certificate
Series 1998-2 Original Class 2A
Class 2A Principal Balance:
$________________
No. ______________
Date of Pooling and Original Dollar Amount as of the Closing
Servicing Agreement: Date Represented by this Certificate:
June 1, 1998 $________________
Servicer: Percentage Interest of
Superior Bank FSB this Certificate:
%
First Remittance Date: Original Group 2 Principal
July 27, 1998 Balance: $_____________
Closing Date: Original Group 2 Pre-Funded Amount:
June __, 1998 $________________
Pass-Through Rate: Latest Scheduled Maturity Date of the Class
Variable A Certificates:
___________ 1, 20__
CUSIP #:
Trustee: LaSalle National Bank
This certifies that is the registered owner of the percentage interest (the
"Percentage Interest") specified above in that certain beneficial ownership
interest evidenced by all the Class 2A Certificates of the above referenced
series (the "Class 2A Certificates") in a Trust Fund consisting primarily of
certain residential first and second mortgage loans (the "Mortgage Loans")
serviced by Superior Bank FSB (the "Servicer"). The Mortgage Loans were
originated or acquired by Superior Bank FSB (the "Depositor"). The Trust Fund
will be created by the Depositor and the Mortgage Loans will be serviced by the
Servicer pursuant to the terms and conditions of that certain Pooling and
Servicing Agreement dated as of June 1, 1998 (the "Agreement") by and among the
Servicer, the Depositor and LaSalle National Bank, as trustee (the "Trustee"),
certain of the pertinent provisions of which are set forth herein. The Cut-off
Date with respect to the Group 2 Initial Mortgage Loans is June 1, 1998. To the
extent not defined herein, the capitalized terms used herein have the meanings
assigned in the Agreement. This Certificate is issued under and is subject to
the terms, provisions and conditions of the Agreement,
<PAGE>
to which terms and provisions the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
On each Remittance Date, commencing on July 27, 1998, the Trustee or Paying
Agent shall distribute to the Person in whose name this Certificate is
registered on the Business Day immediately preceding such Remittance Date, with
respect to the Class 1A Certificates and the Class 2A Certificates, and the last
Business Day of the month preceding the month of such Remittance Date, with
respect to the Class R Certificates (each, a "Record Date"), an amount equal to
the product of the Percentage Interest evidenced by this Certificate and the
amount required to be distributed to Holders of Class 2A Certificates on such
Remittance Date pursuant to Section 6.06 of the Agreement.
Distributions on this Certificate will be made by the Trustee or Paying
Agent by wire transfer of immediately available funds to the account of the
Person entitled thereto as shall appear on the Certificate Register without the
presentation or surrender of this Certificate or the making of any notation
thereon, at a bank or other entity having appropriate facilities therefor, if
such Person shall own of record (i) any Class R Certificate or (ii) any Class A
Certificate with an initial related Class A Principal Balance in excess of
$5,000,000, and shall have so notified the Trustee in writing at least five
Business Days prior to the related Remittance Date, or otherwise by check mailed
to the address of such Person appearing in the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Servicer of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Certificate Registrar in Chicago, Illinois.
-2-
<PAGE>
IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this
Certificate to be duly executed under its official seal.
LASALLE NATIONAL BANK,
as Trustee
By: __________________________________
Authorized Officer
Dated:________________________
(Seal)
CERTIFICATE OF AUTHENTICATION
This is a Class 2A Certificate referred to in the within-mentioned
Agreement.
LASALLE NATIONAL BANK,
as Certificate Registrar
By: _________________________________
Authorized Officer
-3-
<PAGE>
EXHIBIT B-3
[FORM OF CLASS R CERTIFICATE]
THIS CERTIFICATE HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE "1933 ACT"), OR THE SECURITIES LAW OF ANY STATE. ANY
RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE WITHOUT SUCH
REGISTRATION OR QUALIFICATION MAY BE MADE ONLY IN A TRANSACTION WHICH DOES NOT
REQUIRE SUCH REGISTRATION OR QUALIFICATION AND IN ACCORDANCE WITH THE PROVISIONS
OF SECTION 4.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "RESIDUAL
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE MAY BE
MADE ONLY IF (1) THE PROPOSED TRANSFEREE PROVIDES TO THE TRUSTEE AN AFFIDAVIT
STATING AMONG OTHER THINGS THAT SUCH TRANSFEREE IS A PERMITTED TRANSFEREE (AS
DEFINED IN THE POOLING AND SERVICING AGREEMENT) OR AN AGENT OF A PERMITTED
TRANSFEREE AND (2) THE PROPOSED TRANSFEROR PROVIDES TO THE TRUSTEE A CERTIFICATE
TO THE EFFECT THAT SUCH TRANSFEROR HAS NO KNOWLEDGE THAT THE PROPOSED TRANSFEREE
IS NOT A PERMITTED TRANSFEREE AND NO PURPOSE OF SUCH PROPOSED TRANSFER IS TO
IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. NOTWITHSTANDING THE REGISTRATION IN
THE CERTIFICATE REGISTER OF ANY TRANSFER OF THIS CLASS R CERTIFICATE TO A PERSON
OTHER THAN A PERMITTED TRANSFEREE OR AN AGENT OF A PERMITTED TRANSFEREE SUCH
REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND
SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE
HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS
CERTIFICATE.
NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO A NON-UNITED STATES PERSON AS
SUCH TERM IS DEFINED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
NO TRANSFERS OF THIS CERTIFICATE OR ANY INTEREST HEREIN SHALL BE MADE TO ANY
EMPLOYEE BENEFIT PLAN WITHIN THE MEANING OF SECTION 3(3) OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN WITHIN
THE MEANING OF SECTION 4975(E)(1) OF THE INTERNAL REVENUE CODE OF 1986 ("CODE")
(A "PLAN"), TO A TRUSTEE OR OTHER PERSON ACTING ON BEHALF OF ANY PLAN, OR TO ANY
OTHER PERSON USING THE ASSETS OF ANY PLAN UNLESS THE TRANSFEREE PROVIDES THE
DEPOSITOR, THE TRUSTEE AND THE SERVICER UNDER THE POOLING AND SERVICING
AGREEMENT WITH AN
<PAGE>
OPINION OF COUNSEL SATISFACTORY TO THE DEPOSITOR, THE TRUSTEE AND THE SERVICER,
WHICH OPINION WILL NOT BE AT THE EXPENSE OF THE DEPOSITOR, THE TRUSTEE OR THE
SERVICER, THAT THE PURCHASE OF THIS CERTIFICATE BY OR ON BEHALF OF SUCH PLAN IS
PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT
PROHIBITED TRANSACTION UNDER ERISA OR SECTION 4975 OF THE CODE AND WILL NOT
SUBJECT THE DEPOSITOR, THE TRUSTEE OR THE SERVICER TO ANY OBLIGATION IN ADDITION
TO THOSE UNDERTAKEN IN THE POOLING AND SERVICING AGREEMENT. IN LIEU OF SUCH
OPINION OF COUNSEL, THE TRANSFEREE MAY PROVIDE A CERTIFICATION SUBSTANTIALLY TO
THE EFFECT THAT THE PURCHASE OF THIS CERTIFICATE BY OR ON BEHALF OF SUCH PLAN IS
PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT SUBJECT THE DEPOSITOR, THE TRUSTEE OR
THE SERVICER TO ANY OBLIGATION IN ADDITION TO THOSE UNDERTAKEN IN THE POOLING
AND SERVICING AGREEMENT, AND THE FOLLOWING STATEMENTS ARE CORRECT: (I) THE
TRANSFEREE IS AN INSURANCE COMPANY AND THE SOURCE OF FUNDS USED TO PURCHASE THIS
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT" (AS SUCH TERM IS DEFINED
IN PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60), (II) THE CONDITIONS
SET FORTH IN SECTIONS I AND III OF PTCE 95-60 HAVE BEEN SATISFIED AND (III)
THERE IS NO PLAN WITH RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL ACCOUNTS
RESERVES AND LIABILITIES FOR CONTRACTS HELD BY OR ON BEHALF OF SUCH PLAN AND ALL
OTHER PLANS MAINTAINED BY THE SAME EMPLOYER (OR ANY "AFFILIATE" THEREOF, AS
DEFINED IN PTCE 95-60) OR BY THE SAME EMPLOYEE ORGANIZATION EXCEED 10% OF THE
TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT (AS DETERMINED
UNDER PTCE 95-60) AS OF THE DATE OF THE ACQUISITION OF CERTIFICATE.
AFC Mortgage Loan Asset Backed Certificate
Series 1998-2 Percentage Interest of
Class R this Certificate:
________%
No.
Date of Pooling and Original Pool Principal Balance:
Servicing Agreement: $________________.
June 1, 1998
Original Pre-Funded Amount:
Servicer: $___________.
Superior Bank FSB
Trustee: LaSalle National Bank
First Remittance Date: Closing Date:
July 27, 1998 June __, 1998
-2-
<PAGE>
This certifies that _______ is the registered owner of the percentage
interest (the "Percentage Interest") specified above in that certain beneficial
ownership interest evidenced by all the Class R Certificates of the above
referenced Series (the "Class R Certificates") in a Trust Fund consisting
primarily of certain residential first and second mortgage loans (the "Mortgage
Loans") serviced by Superior Bank FSB (the "Servicer"). The Mortgage Loans were
originated or acquired by Superior Bank FSB (the "Depositor"). The Trust Fund
will be created by the Depositor and the Mortgage Loans will be serviced by the
Servicer pursuant to the terms and conditions of that certain Pooling and
Servicing Agreement dated as of June 1, 1998 (the "Agreement") by and among the
Servicer, the Depositor and LaSalle National Bank, as trustee (the "Trustee"),
certain of the pertinent provisions of which are set forth herein. The Cut-off
Date with respect to the Initial Mortgage Loans is June 1, 1998. To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
On each Remittance Date, commencing on July 27, 1998, the Trustee or a
Paying Agent shall distribute to the Person in whose name this Certificate is
registered on the last Business Day of the month preceding the month of such
Remittance (the "Record Date"), an amount equal to the product of the Percentage
Interest evidenced by this Certificate and any amounts required to be
distributed to the Holders of the Class R Certificates on such Remittance Date
pursuant to the Agreement.
Distributions on this Certificate will be made by the Trustee or Paying
Agent by wire transfer of immediately available funds to the account of the
Person entitled thereto as shall appear on the Certificate Register without the
presentation or surrender of this Certificate or the making of any notation
thereon, at a bank or other entity having appropriate facilities therefor, if
such Person shall own of record (i) any Class R Certificate or (ii) any Class A
Certificate with an initial related Class A Principal Balance in excess of
$5,000,000, and shall have so notified the Trustee in writing at least five
Business Days prior to the related Remittance Date, or otherwise by check mailed
to the address of such Person appearing in the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Servicer of the pendency of such distribution and
only upon presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Certificate Registrar in Chicago, Illinois.
No transfers of this Certificate or any interest herein shall be made to
any employee benefit plan within the meaning of Section 3(3) of the Employee
Retirement Income Security Act of 1974, as amended ("ERISA") or a plan within
the meaning of Section 4975(e)(1) of the Internal Revenue Code of 1986 ("Code")
(a "Plan"), to a trustee or other person acting on behalf of any Plan, or to any
other person using the assets of any Plan unless the transferee provides the
Depositor, the Trustee and the Servicer under the Pooling and Servicing
Agreement with an opinion of counsel satisfactory to the Depositor, the Trustee
and the Servicer, which opinion will not be at the expense of the Depositor, the
Trustee or the Servicer, that the purchase of this Certificate by or on behalf
of such Plan is permissible under applicable law, will not constitute or
-3-
<PAGE>
result in a non-exempt prohibited transaction under ERISA or Section 4975 of the
Code and will not subject the Depositor, the Trustee or the Servicer to any
obligation in addition to those undertaken in the Pooling and Servicing
Agreement. In lieu of such opinion of counsel, the transferee may provide a
certification substantially to the effect that the purchase of this Certificate
by or on behalf of such Plan is permissible under applicable law, will not
subject the Depositor, the Trustee or the Servicer to any obligation in addition
to those undertaken in the Pooling and Servicing Agreement, and the following
statements are correct: (i) the transferee is an insurance company and the
source of funds used to purchase this Certificate is an "insurance company
general account" (as such term is defined in Prohibited Transaction Class
Exemption ("PTCE") 95-60), (ii) the conditions set forth in Sections I and III
of PTCE 95-60 have been satisfied and (iii) there is no Plan with respect to
which the amount of such general accounts reserves and liabilities for contracts
held by or on behalf of such Plan and all other Plans maintained by the same
employer (or any "affiliate" thereof, as defined in PTCE 95-60) or by the same
employee organization exceed 10% of the total of all reserves and liabilities of
such general account (as determined under PTCE 95-60) as of the date of the
acquisition of Certificate.
As provided in the Agreement and subject to certain limitations therein set
forth, including, without limitation, execution and/or delivery by the proposed
transferor and/or transferee, as appropriate, the Resale Certification (Exhibit
D to the Agreement), and, if required by the Trustee, an opinion of counsel
relating to the exemption from registration under the 1933 Act pursuant to which
the proposed transfer is to be made, the Transfer Affidavit (Exhibit J to the
Agreement) and Transfer Certificate (Exhibit J-1 to the Agreement) described in
Section 4.02(c)(ii) of the Agreement, and, if the proposed transferee is a Plan,
the certification and opinion of counsel described on the front of this
Certificate, the transfer of this Certificate is registrable in the Certificate
Register upon surrender of this Certificate for registration of transfer at the
offices or agencies maintained by the Trustee in Chicago, Illinois, accompanied
by a written instrument of transfer in the form of Exhibit E to the Agreement,
or such other endorsement or written instrument of transfer as is satisfactory
to the Trustee, duly executed by the Holder hereof or such Holder's attorney
duly authorized in writing, and thereupon one or more new Certificates of
authorized denominations of a like Class evidencing the same aggregate undivided
Percentage Interest will be issued to the designated transferee or transferees.
-4-
<PAGE>
IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this
Certificate to be duly executed under its official seal.
LASALLE NATIONAL BANK,
as Trustee
By: __________________________________
Authorized Officer
Dated:________________________
(Seal)
CERTIFICATE OF AUTHENTICATION
This is a Class R Certificate referred to in the within-mentioned
Agreement.
LASALLE NATIONAL BANK,
as Certificate Registrar
By: _________________________________
Authorized Officer
-5-
<PAGE>
EXHIBIT B-4
[Form of Reverse of Certificate]
This Certificate is one of a duly authorized issue of Certificates
designated as AFC Mortgage Loan Asset Backed Certificates, Series 1998-2, Class
1A, Class 2A and Class R (herein called the "Certificates") consisting of Group
1 and Group 2 Mortgage Loans, and representing undivided ownership of (i) such
Mortgage Loans as from time to time are subject to the Agreement, together with
the Mortgage Files relating thereto, (ii) such assets as from time to time are
identified as REO Property with respect to the related Group or are deposited in
the related Certificate Account, related Reserve Account, related Principal and
Interest Account, related Trustee Expense Account, related Pre-Funding Account
and the related Interest Coverage Account, including amounts on deposit in the
foregoing accounts and invested in Permitted Instruments, (iii) the Trustee's
rights under all insurance policies with respect to the Mortgage Loans required
to be maintained pursuant to the Agreement and any Insurance Proceeds, (iv) the
Certificate Insurance Policy (as defined below), (v) Liquidation Proceeds and
(vi) Released Mortgaged Property Proceeds (all of the foregoing being
hereinafter collectively called the "Trust Fund"). The Depositor's Yield and
amounts due on or before the Cut-off Date in the case of Initial Mortgage Loans
or on or before a Subsequent Cut-off Date in the case of Subsequent Mortgage
Loans do not constitute part of the Trust Fund. The Class R Certificates are
subordinated in right of payment to the Class A Certificates, as set forth in
the Agreement.
The Certificates do not represent an obligation of, or an interest in, the
Servicer, the Depositor or the Trustee and are not insured or guaranteed by the
Federal Deposit Insurance Corporation, the Government National Mortgage
Association, the Federal Housing Administration or the Department of Veterans
Affairs or any other governmental agency. The Certificates are limited in right
of payment to certain collections and recoveries respecting the Mortgage Loans,
the Excess Spread with respect to the related Group, the related Pre-Funded
Amount, the related Reserve Account Deposit, the related Interest Coverage
Amount, and amounts payable under the Certificate Insurance Policy, all as more
specifically set forth herein and in the Agreement. To the extent described in
the Agreement, the Class 1A and Class 2A Certificates are cross-collateralized
and, in certain circumstances, Excess Spread and principal collections on a
Group will be available to Holders of the Class A Certificates related to the
other Group. In the event Servicer funds are advanced with respect to any
Mortgage Loan, such advance is reimbursable to the Servicer from related
recoveries on such Mortgage Loan.
Financial Guaranty Insurance Company (the "Certificate Insurer") has issued
a surety bond (the "Certificate Insurance Policy") with respect to the Class A
Certificates, a copy of which is attached to the Agreement.
As provided in the Agreement, deposits and withdrawals from the related
Principal and Interest Account, the related Certificate Account, the related
Reserve Account, the related Trustee Expense Account and the related Interest
Coverage Account may be made by the Servicer or the Trustee, as the case may be,
from time to time for purposes other than distributions to Certificateholders,
such purposes including reimbursement to the Servicer or the Depositor of
<PAGE>
advances made, or certain expenses incurred, by each, and the payment of fees
due and owing to the Servicer, the Trustee and the Certificate Insurer.
Subject to certain restrictions, the Agreement permits the amendment
thereof by the Servicer, the Depositor and the Trustee with the consent of the
Certificate Insurer, (i) the Class 1A Majority Certificateholders in the case of
an amendment solely affecting the Class 1A Certificates and (ii) the Class 2A
Majority Certificateholders in the case of an amendment solely affecting the
Class 2A Certificates (although in certain limited circumstances the Agreement
may be amended without the consent of any Certificateholder). The Agreement
permits the related Majority Certificateholders, on behalf of all related
Certificateholders, subject to the consent of the Certificate Insurer, or the
Certificate Insurer, to waive any default by the Servicer in the performance of
its obligations under the Agreement with respect to the related Group and its
consequences, except a default in making any required distribution on a
Certificate. Any such consent or waiver by the related Majority
Certificateholders or the Certificate Insurer shall be conclusive and binding on
the Holder of this Certificate and upon all future Holders of this Certificate
and of any Certificate issued upon the transfer hereof or in exchange herefor or
in lieu hereof whether or not notation of such consent or waiver is made upon
this Certificate.
As provided in the Agreement and subject to certain limitations therein set
forth, the transfer of this Certificate is registrable in the Certificate
Register upon surrender of this Certificate for registration of transfer at the
offices or agencies maintained by the Trustee in Chicago, Illinois, accompanied
by a written instrument of transfer in the form required by the Agreement, or
such other endorsement or written instrument of transfer as is satisfactory to
the Trustee, duly executed by the Holder hereof or such Holder's attorney duly
authorized in writing, and thereupon one or more new Certificates of authorized
denominations of a like Class evidencing the same aggregate undivided Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Class 1A, Class 2A and
Class R Certificates. As provided in the Agreement and subject to certain
limitations therein set forth, this Certificate is exchangeable for a new
Certificate of a like Class evidencing the same undivided ownership interest, as
requested by the Holder surrendering the same. No service charge will be made
for any such registration of transfer or exchange, but the Certificate Registrar
may require payment of a sum sufficient to cover any tax or other governmental
charge payable in connection therewith.
The Servicer, the Depositor, the Trustee and the Certificate Registrar, and
any agent of any of the foregoing, may treat the Person in whose name this
Certificate is registered as the owner hereof for all purposes, and none of the
foregoing shall be affected by notice to the contrary.
The obligations created by the Agreement shall terminate upon notice to the
Trustee of: (i) the later of the distribution to Certificateholders of the final
payment or collection with respect to the last Mortgage Loan (or Monthly
Advances of same by the Servicer), or the disposition of all funds with respect
to the last Mortgage Loan and the remittance of all funds due
-2-
<PAGE>
under the Agreement and the payment of all amounts due and payable to the
Certificate Insurer and the Trustee, (ii) the purchase by the Servicer of all
outstanding Mortgage Loans and REO Properties of the Group at a price determined
as provided in the Agreement (the exercise of the right of the Servicer to
purchase all the Mortgage Loans and property in respect of Mortgage Loans will
result in early retirement of the Certificates), the right of the Servicer to
purchase being subject to the aggregate principal balance of the Mortgage Loans
at the time of purchase being less than five percent (5%) of the sum of the Pool
Principal Balance and the Original Pre-Funded Amounts, or (iii) by the mutual
consent of the Servicer, the Certificate Insurer and all Certificateholders in
writing. In no event, however, shall the Trust Fund terminate later than
twenty-one years after the death of the last surviving lineal descendant of the
Person named in the Agreement. By its acceptance of this Certificate, the
Certificateholder hereby appoints the Servicer as its attorney-in-fact to adopt
a plan of liquidation of the Trust Fund in accordance with Section 11.02 of the
Agreement.
Unless the certificate of authentication hereon has been executed by the
Trustee or the Certificate Registrar, by manual signature, this Certificate
shall not be entitled to any benefit under the Agreement or be valid for any
purpose.
-3-
<PAGE>
EXHIBIT C
PRINCIPAL AND INTEREST ACCOUNT LETTER AGREEMENT
(date)
To: ____________________________
____________________________
____________________________ (the "Depository")
As "Servicer" under the Pooling and Servicing Agreement, dated as of June
1, 1998, among Superior Bank FSB, as depositor ("Depositor") and __________, as
servicer (the "Servicer"), and LaSalle National Bank, as Trustee (the
"Agreement"), we hereby authorize and request you to establish two accounts, as
Principal and Interest Accounts pursuant to Section 5.03 of the Agreement, to be
designated as "Group 1 Principal and Interest Account, Superior Bank FSB, in
trust for the registered holders of AFC Mortgage Loan Asset Backed Certificates,
Series 1998-2" and "Group 2 Principal and Interest Account, Superior Bank FSB,
in trust for the registered holders of AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2." All deposits in the accounts shall be subject to
withdrawal therefrom by order signed by the Servicer in accordance with terms of
the Agreement. You may refuse any deposit which would result in violation of the
requirement that the account be fully insured as described below. This letter is
submitted to you in duplicate. Please execute and return one original to us.
SUPERIOR BANK FSB
By: _________________________________
Name: _______________________________
Title: ______________________________
<PAGE>
The undersigned hereby certifies that the above described accounts have
each been established as a trust account under Account Number ___________ with
respect to Group 1 and Account Number __________ with respect to Group 2 at the
office of the Depository indicated above, and agrees to honor withdrawals on
such accounts as provided above. The amounts deposited at any time in the
accounts will be insured to the maximum amount provided by applicable law by the
Federal Deposit Insurance Corporation.
[DEPOSITORY]
By: _________________________________
Name: _______________________________
Title: ______________________________
-2-
<PAGE>
EXHIBIT D
RESALE CERTIFICATION
___________, 19__
[Depositor]
[Servicer]
[Trustee]
[Certificate Insurer]
[Certificate Registrar]
Re: Class ___ Certificate, No. __ (the "Certificate"), issued pursuant to
that certain Pooling and Servicing Agreement, AFC Mortgage Loan Asset
Backed Certificates, Series 1998-2, dated as of June 1, 1998 among
Superior Bank FSB, as Depositor and Servicer and LaSalle National
Bank, as Trustee
----------------------------------------------------------------------
Dear Sirs:
____________________________________________________ as registered holder
("Seller") intends to transfer the captioned Certificate to
___________________________ ("Purchaser"), for registration in the name of
________________________________.
1. In connection with such transfer, and in accordance with Section 4.02 of
the captioned Agreement, Seller hereby certifies to you the following facts:
Neither the Seller nor anyone acting on its behalf has offered, transferred,
pledged, sold or otherwise disposed of the Certificate, any interest in the
Certificate or any other similar security to, or solicited any offer to buy or
accept a transfer, pledge or other disposition of the Certificate, any interest
in the Certificate or any other similar security from, or otherwise approached
or negotiated with respect to the Certificate, any interest in the Certificate
or any other similar security with, any person in any manner, or made any
general solicitation by means of general advertising or in any other manner, or
taken any other action, which would constitute a distribution of the Certificate
under the Securities Act of 1933, as amended (the "1933 Act"), or which would
render the disposition of the Certificate a violation of Section 5 of the 1933
Act or require registration pursuant thereto.
2. The Purchaser warrants and represents to, and covenants with, the
Seller, the Trustee and the Servicer pursuant to Section 4.02 of the Pooling and
Servicing Agreement that:
a. The Purchaser agrees to be bound, as Certificateholder, by all of
the terms, covenants and conditions of the Pooling and Servicing Agreement, the
Certificate and the Custodial Agreement, and from and after the date hereof, the
Purchaser assumes for the benefit of each of the Servicer and the Seller all of
the Seller's obligations as Certificateholder thereunder;
<PAGE>
b. The Purchaser understands that the Certificate has not been
registered under the 1933 Act or the securities laws of any state;
c. The Purchaser is acquiring the Certificate [for investment] for its
own account only and not for any other person;
d. The Purchaser considers itself a substantial, sophisticated
institutional investor having such knowledge and experience in financial and
business matters that it is capable of evaluating the merits and risks of
investment in the Certificate;
e. The Purchaser has been furnished with all information regarding the
Certificate that it has requested from the Seller, the Trustee or the Servicer;
and
f. Neither the Purchaser nor anyone acting on its behalf has offered,
transferred, pledged, sold or otherwise disposed of the Certificate, any
interest in the Certificate or any other similar security to, or solicited any
offer to buy or accept a transfer, pledge or other disposition of the
Certificate, any interest in the Certificate or any other similar security from,
or otherwise approached or negotiated with respect to the Certificate, any
interest in the Certificate or any other similar security with, any person in
any manner, or made any general solicitation by means of general advertising or
in any other manner, or taken any other action, which would constitute a
distribution of the Certificate under the 1933 Act or which would render the
disposition of the Certificate a violation of Section 5 of the 1933 Act or
require registration pursuant thereto, nor will it act, nor has it authorized or
will it authorize any person to act, in such manner with respect to the
Certificate.
3. The Purchaser warrants and represents to, and covenants with, the
Seller, the Servicer and the Depositor that:
a. The Purchaser agrees to be bound, as Certificateholder, by the
restrictions on transfer contained in the Pooling and Servicing Agreement;
b. Either: (1) the Purchaser is not an employee benefit plan within
the meaning of section 3(3) of the Employee Retirement Income Security Act of
1974, as amended ("ERISA") (a "Plan"), or a plan within the meaning of section
4975(e)(1) of the Internal Revenue Code of 1986 ("Code") (also a "Plan"), and
the Purchaser is not a trustee or other person acting on behalf of any Plan; or
(2) Purchaser has attached either the certification and Opinion of Counsel
required under section 4.02(c)(vii) of the Pooling and Servicing Agreement.
4. This Certification 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 agreement.
IN WITNESS WHEREOF, the parties have caused this Resale Certification to be
executed by their duly authorized officers as of the date first above written.
-2-
<PAGE>
- ---------------------------------, -------------------------------------,
Seller Purchaser
By: _____________________________ By: _________________________________
Name: ___________________________ Name: _______________________________
Title: __________________________ Title: ______________________________
Taxpayer Taxpayer
Identification No. ______________ Identification No. __________________
-3-
<PAGE>
EXHIBIT E
ASSIGNMENT
THIS ASSIGNMENT dated as of the ____ day of __________, 19__, by and
between ___________________________________________________ ("Assignor") and
_____________________________________ ("Assignee"), provides:
That for and in consideration of the sum of TEN DOLLARS ($10.00) and other
valuable consideration, the receipt and sufficiency of which hereby are
acknowledged, the parties hereby agree as follows:
1. Assignor hereby grants, transfers and assigns to Assignee all of the
right, title and interest of Assignor, as Certificateholder, in, to and under
that certain Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement"), dated as of June 1, 1998, by and among LaSalle National Bank, as
Trustee ("Trustee"), and Superior Bank FSB, as Depositor and Servicer, and that
certain Certificate, Class _____, No. __, Series 1998-2 (the "Certificate")
issued thereunder and authenticated by the Trustee.
2. For the purpose of inducing Assignee to purchase the Certificate from
Assignor, Assignor warrants and represents that:
a. Assignor is the lawful owner of the Certificate with the full right
to transfer the Certificate free from any and all claims and encumbrances
whatsoever;
b. The Assignor has not received notice, and has no knowledge of any
offsets, counterclaims or other defenses available to the Servicer with respect
to the Pooling and Servicing Agreement or the Certificate; and
c. [The Assignor has no knowledge of and has not received notice of
any amendments to the Pooling and Servicing Agreement or the Certificate.] [The
Pooling and Servicing Agreement has been amended pursuant to _____________ dated
_________________]
3. By execution hereof Assignee agrees to be bound, as Certificateholder,
by all of the terms, covenants and conditions of the Pooling and Servicing
Agreement and the Certificate, and from and after the date hereof Assignee
assumes for the benefit of each of the Servicer, the Depositor, the Trustee, the
Certificate Registrar and the Assignor all of Assignor's obligations as
Certificateholder thereunder.
4. The Assignee warrants and represents to, and covenants with, the
Assignor, the Depositor, the Trustee, the Certificate Registrar and the Servicer
that:
a. The Assignee agrees to be bound, as Certificateholder, by the
restrictions on transfer contained in the Pooling and Servicing Agreement; and
<PAGE>
b. Either: (1) the Assignee is not an employee benefit plan within the
meaning of section 3(3) of the Employee Retirement Income Security Act of 1974,
as amended ("ERISA") (a "Plan"), or a plan within the meaning of section
4975(e)(1) of the Internal Revenue Code of 1986 ("Code") (also a "Plan"), and
the Assignee is not directly or indirectly purchasing the Certificate on behalf
of, as investment manager of, as named fiduciary of, as trustee of, or with
assets of a Plan; or (2) the Assignee is a Plan, but the Assignee's purchase of
the Certificate will not result in a prohibited transaction under section 406 of
ERISA or section 4975 of the Code and attached hereto is the certification and
opinion of counsel required under Section 4.02(c) of the Pooling and Servicing
Agreement.
5. This Assignment 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 agreement.
WITNESS the following signatures.
- ---------------------------------, -------------------------------------,
Assignor Assignee
By: _____________________________ By: _________________________________
Name: ___________________________ Name: _______________________________
Title: __________________________ Title: ______________________________
Taxpayer Taxpayer
Identification No. ______________ Identification No. __________________
-2-
<PAGE>
State of ___________ )
) ss.:
County of __________ )
On the ___________ day of ______________, 19__ before me, a Notary Public
in and for the State of __________, personally appeared ___________ known to me
to be ________________________ of _________________________________, the
________________ that executed the within instrument and also known to me to be
the person who executed it on behalf of said corporation, and acknowledged to me
that such ________________ executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.
_______________________________________
Notary Public
My Commission expires ____________
<PAGE>
State of ___________ )
) ss.:
County of __________ )
On the ___________ day of ______________, 19__ before me, a Notary Public
in and for the State of ____________, personally appeared ___________ known to
me to be ________________________ of _________________________________, the
________________ that executed the within instrument and also known to me to be
the person who executed it on behalf of said corporation, and acknowledged to me
that such ________________ executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.
_______________________________________
Notary Public
My Commission expires ____________
<PAGE>
EXHIBIT E(1)
WIRING INSTRUCTIONS FORM
______________, 19__
[Paying Agent]
[Trustee]
Re: AFC Mortgage Loan Asset Backed Certificates, Series 1998-2, Class ___,
No. __, issued pursuant to that certain Pooling and Servicing
Agreement, dated as of June 1, 1998, among Superior Bank FSB, as
Depositor and Servicer, and LaSalle National Bank, as Trustee
----------------------------------------------------------------------
Dear Sir:
In connection with the sale of the above-captioned Certificate by
____________ to _________________ ("Transferee") you, as Paying Agent with
respect to the related Certificates, are instructed to make all remittances to
Transferee as Certificateholder as of _________, 199_ by wire transfer. For such
wire transfer, the wiring instructions are as follows:
Bank Name: ________________________
City & State: ________________________
ABA No.: ________________________
Account Name: ________________________
Account No.: ________________________
Attention: ________________________
--------------------------------
Transferee
Certificateholder's notice address:
Name:
Address:
<PAGE>
EXHIBIT F
FORM OF TRUSTEE INITIAL CERTIFICATION
______________, 19__
[Certificate Insurer]
[Servicer]
[Purchaser]
[Certificateholder]
Re: Pooling and Servicing Agreement, dated as of June 1, 1998 (the
"Pooling and Servicing Agreement"), among Superior Bank FSB, as
Depositor and Servicer, and LaSalle National Bank, as Trustee
----------------------------------------------------------------------
Gentlemen:
In accordance with Section 2.05 of the Pooling and Servicing Agreement,
the undersigned, as Trustee, hereby certifies that, except as noted on the
attachment hereto, if any (the "Loan Exception Report"), it or the Custodian on
its behalf has received the documents referred to in Section 2.04(a) of the
Pooling and Servicing Agreement with respect to each Mortgage Loan listed in the
related Mortgage Loan Schedule and such documents appear to bear original
signatures or copies of original signatures if the original documents have not
yet been delivered.
The Trustee has made no independent examination of any such documents
beyond the review specifically required in the Pooling and Servicing Agreement.
The Trustee makes no representations as to: (i) the validity, legality,
sufficiency, enforceability or genuineness of any such documents or any of the
Mortgage Loans identified on the related Mortgage Loan Schedule, or (ii) the
collectability, insurability, effectiveness or suitability of any such Mortgage
Loan.
Capitalized words and phrases used herein shall have the respective
meanings assigned to them in the Pooling and Servicing Agreement.
LASALLE NATIONAL BANK,
as Trustee
By: ___________________________________
Name: _________________________________
Title: ________________________________
<PAGE>
EXHIBIT F-1
FORM OF TRUSTEE INTERIM CERTIFICATION
______________, 19__
[Certificate Insurer]
[Depositor]
[Servicer]
[Certificateholders]
Re: Pooling and Servicing Agreement, dated as of June 1, 1998 (the
"Pooling and Servicing Agreement"), among Superior Bank FSB, as
Depositor and Servicer, and LaSalle National Bank, as Trustee
----------------------------------------------------------------------
Gentlemen:
In accordance with the provisions of Section 2.05 of the Pooling and
Servicing Agreement, the undersigned, as Trustee, hereby certifies that as to
each Mortgage Loan listed in the related Mortgage Loan Schedule (other than any
Mortgage Loan paid in full or any Mortgage Loan listed on the attachment
hereto), it has reviewed (or caused to be reviewed) the documents delivered to
it or the Custodian on its behalf pursuant to Section 2.04 of the Pooling and
Servicing Agreement and has determined that, except as noted on the attachment
hereto, (i) all documents required to be delivered to it pursuant to the Pooling
and Servicing Agreement as of the date hereof are in its possession or in the
possession of the Custodian on its behalf (other than items listed in Section
2.04(f) of the Pooling and Servicing Agreement)[, except as set forth on
Attachment A hereto], (ii) none of the documents delivered to it or the
Custodian on its behalf have been mutilated, damaged, torn or otherwise
physically altered and all such documents relate to such Mortgage Loan[, except
as set forth on Attachment A hereto], (iii) based on its examination, or the
examination of the Custodian on its behalf, and only as to the foregoing
documents, the information set forth in the related Mortgage Loan Schedule
respecting such Mortgage Loan is correct[, except as set forth on Attachment A
hereto] and (iv) each Mortgage Note has been endorsed as provided in Section
2.04 of the Pooling and Servicing Agreement[, except as set forth on Attachment
A hereto]. The Trustee has made no independent examination of such documents
beyond the review specifically required in the Pooling and Servicing Agreement.
The Trustee makes no representations as to: (i) the validity, legality,
enforceability or genuineness of any of the documents contained in each
Trustee's Mortgage File or any of the
<PAGE>
Mortgage Loans identified on the related Mortgage Loan Schedule, or (ii) the
collectability, insurability, effectiveness or suitability of any such Mortgage
Loan.
Capitalized words and phrases used herein shall have the respective
meanings assigned to them in the Pooling and Servicing Agreement.
LASALLE NATIONAL BANK,
as Trustee
By: ___________________________________
Name: _________________________________
Title: ________________________________
-2-
<PAGE>
EXHIBIT G
FORM OF TRUSTEE FINAL CERTIFICATION
_____________, 19__
[Certificate Insurer]
[Servicer]
[Certificateholders]
[Depositor]
Re: Pooling and Servicing Agreement, dated as of June 1, 1998 (the
"Pooling and Servicing Agreement"), among Superior Bank FSB, as
Depositor and Servicer, and LaSalle National Bank, as Trustee,
relating to AFC Mortgage Loan Asset Backed Certificates, Series 1998-2
----------------------------------------------------------------------
Gentlemen:
In accordance with Section 2.05 of the Pooling and Servicing Agreement,
the undersigned, as Trustee, hereby certifies that, except as noted on the
attachment hereto, as to each Mortgage Loan listed in the related Mortgage Loan
Schedule (other than any Mortgage Loan paid in full or listed on the attachment
hereto) it or the Custodian on its behalf has reviewed the documents delivered
to it or to the Custodian on its behalf pursuant to Section 2.04 of the Pooling
and Servicing Agreement and has determined that (i) all documents required to be
delivered to it pursuant to the Pooling and Servicing Agreement as of the date
hereof are in its possession or in the possession of the Custodian on its behalf
(except that no certification is given as to the items listed in Section 2.04(f)
of the Pooling and Servicing Agreement), (ii) none of the documents delivered to
it or the Custodian on its behalf have been mutilated, damaged, torn or
otherwise physically altered and all such documents relate to such Mortgage
Loan, (iii) based on its examination, and only as to the foregoing documents,
the information set forth in the related Mortgage Loan Schedule respecting such
Mortgage Loan is correct, and (iv) each Mortgage Note has been endorsed as
provided in Section 2.04 of the Pooling and Servicing Agreement. The Trustee has
made no independent examination of such documents beyond the review specifically
required in the above-referenced Pooling and Servicing Agreement. The Trustee
makes no representations as to: (i) the validity, legality, enforceability or
genuineness of any of the documents contained in each Trustee's Mortgage File or
any of the Mortgage Loans identified on the related Mortgage Loan Schedule, or
(ii) the collectability, insurability, effectiveness or suitability of any such
Mortgage Loan.
<PAGE>
Capitalized words and phrases used herein shall have the respective
meanings assigned to them in the Pooling and Servicing Agreement.
LASALLE NATIONAL BANK,
as Trustee
By: ___________________________________
Name: _________________________________
Title: ________________________________
-2-
<PAGE>
EXHIBIT H-1
MORTGAGE LOAN SCHEDULE FOR GROUP 1
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 1 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-01 680077310 RIVERA DENNY 311 SW 77TH TER NORTH LAUDERDALE FL 33068
236-01 680081221 MINFORD SONDRA A 916 JEFFERSON DR CLAIRTON PA 15025
236-01 680177813 ARANGO CARMEN BORGES 538 PROSPECT AVE BROOKLYN NY 11215
236-01 800276966 ZOBEL HILLER B 13 THATCHER ST UNIT 4 BOSTON MA 02113
236-01 800307027 TURNER JAMES D 195 SOUTH 100 WEST REDMOND UT 84652
236-01 800314627 ROLPH JOHN J 2766 SOUTH MAIN NIBLEY UT 84321
236-01 800329278 MADIGAN KEVIN M 20 ROBINSON PLACE SHREWSBURY NJ 07702
236-01 800410664 COATS WILLIAM A 4762 NORTHWEST 99TH PLACE MIAMI FL 33178
236-01 800414708 SAGIRI RABIJE 2813 MEMPHIS STREET PHILADELPHIA PA 19134
236-01 800418329 HARRIS ROSALIE 463 SOUTH 7TH STREET MOUNT VERNON NY 10550
236-01 800418816 STEVENSON CRAIG S 10690 8TH STREET NAPLES FL 34102
236-01 800429318 PULIDO ALFONSO FELIPE 8258 SUGARMAN DRIVE LA JOLLA CA 92037
236-01 800436727 FERRIGNO THOMAS J 14 BASSWOOD DRIVE NORTH BRANDFORD CT 06471
236-01 800440075 VASTARE GOPALAKRIS K 24 SNOWDROP DRIVE NEW CITY NY 10956
236-01 800441271 MCDANNELL CHRISTOPHE R 729 EAST 920 SOUTH SPANISH FORK UT 84660
236-01 800446742 CUTRONE JAMES F 21 JARVIN ROAD PORT JEFFERSON STATI NY 11776
236-01 800461311 COLON FLORENTINO 1226 CHURCH STREET READING PA 19601
236-01 800467821 KARIORIS PETER I 12105 SOMERSET PARK ORLAND PARK IL 60467
236-01 800475840 HEROLD BARBARA 129 MIDDLE HOLLY LANE LIITLE EGG HARBOR NJ 08087
236-01 800478208 SYLVESTER MERLE 708 EAST 52ND STREET BROOKLYN NY 11203
236-01 800478646 KWIATKOWSKI JOHN 355 PACIFIC STREET MASSAPEQUA PARK NY 11762
236-01 800479214 WALKER CAROLYN E 4470 E BREWINGTON ROAD GABLE SC 29051
236-01 800484222 SMITH JAMES F 1404 1/2 BERKSHIRE DRIVE BRANDON FL 33509
236-01 800486425 WARD ANTHONY 50 APRIL LANE HICKSVILLE NY 11801
236-01 800488942 ALSTON DOREATHA 269 57TH STREET BROOKLYN NY 11213
236-01 800492696 METAKES JOYCE 15 MYRTLE PLACE EASTCHESTER NY 10707
236-01 800493322 LIMA JOSUE S 2301 TWIN VALLEY LANE SILVER SPRING MD 20906
236-01 800497257 TYREE KARIN R 4606 SNOWMASS ROAD GLEN ALLEN VA 23060
236-01 800508939 GOLAB STANISLAW 70-02 60TH LANE RIDGEWOOD NY 11385
236-01 800510745 BROWN SHARON L 14 ANITA ROAD JOHNSTON RI 02919
236-01 800518359 QUIZPHI MANUEL R 21 WALLER AVENUE OSSINING NY 10562
236-01 800521700 RESKUSICH JOHN 51 MICHAEL DRIVE BRISTOL RI 02809
236-01 800525180 PEGUERO CESAR 133 GIBSON STREET BRENTWOOD NY 11717
236-01 800530883 GIDDINS GIA R 259-34 148TH ROAD ROSEDALE NY 11422
236-01 800531527 HANLEY RICHARD A 22 CHAMBER ROCK ROAD BUZZARDS BAY MA 02532
236-01 800535973 NURSE TANYA 215 WEST ASHLAND AVENUE PLEASANTVILLE NJ 08232
236-01 800541369 GIRTAIN EDGAR F 1140 NORTH MAPLE AVENUE TOMS RIVER NJ 08755
236-01 800547481 CANICATTI MICHAEL 1015 CROWN COURT MAHWAH NJ 07430
236-01 800552127 MASON CEYMORE 70 FLORENCE STREET YONKERS NY 10704
236-01 800566424 VANLOAN ANTOINETTE 657 WARBURTON AVENUE YONKERS NY 10701
236-01 800574576 NHAISSI ELI 6 HEATHER DRIVE EAST HILLS NY 11576
236-01 800584773 FOLZ CARL 10 MARGRAFF COURT ORADELL NJ 07649
236-01 800608424 PARENTE GIUSEPPE 39 PINE STREET BRENTWOOD NY 11717
236-01 800608622 MARINO WILLIAM J JR 229 EAST ROSLYN STREET EAST ISLIP NY 11752
236-01 800614448 BRIZAN ANNMARIE 26 MARCONI PLACE BROOKLYN NY 11233
236-01 800621856 CAPERTON DAPHNE STUART 336 BEACON STREET UNIT 7 BOSTON MA 02116
236-01 800631574 DUNN RICHARD B 1225 WEST FIRST STREET ELMIRA NY 14905
236-01 800631830 PAZ ALFREDO O 23 CORWIN STREET ROXBURY TWP NJ 07847
236-01 800632499 KIM SONG KI 215-11 67TH AVENUE BAYSIDE NY 11364
236-01 800634974 SCHWEIGER BRUCE D 1380 FAIRLANE ANN ARBOR MI 48104
236-01 800671976 LABOZETTA KARAN 198 VAN DUZER STREET STATEN ISLAND NY 10301
236-01 800885691 PRUITT BRIAN KEITH 420 MURREY STREET CANTON TX 75103
------------------------------------------
52 Sale Total
236-02 661583203 MCCLARY CECIL JR 260 LYELL AVENUE ROCHESTER NY 14608
236-02 661598987 WESTMORELAND MICHAEL 3720 N RUCKLE AVENUE INDIANAPOLIS IN 46205
236-02 661609859 ROBERTS BLAINE A HILLCREST MANOR MIDLAND PA 15010
236-02 661612234 HEUBLEIN WALTER F III 609 11TH AVENUE BELMAR NJ 07719
236-02 661612853 MAHMOOD TULLAT 736 738 MAPLE AVENUE HARTFORD CT 06110
236-02 661617555 ALBERT SANDRA L 822 & 727 OSWEGO STREET UTICA NY 13501
236-02 661617878 GRADOS ABEL E 265-267&269-271 WETHERSFIE HARTFORD CT 06114
236-02 661623991 NAPIER SHARON L 400 LAWRENCE AVE MIAMISBURG OH 45342
236-02 661624106 PERMAUL APPADOO 97 02 JAMAICA AVENUE WOODHAVEN NY 11421
236-02 661625749 MANNESE PETER J 1130 1132 1134 1136-1138 R MARLBORO NY 12542
236-02 661626754 DAVIS KEVIN 188 MARCUS GARVEY BOULEVAR BROOKLYN NY 11221
236-02 661628412 OORLOG PATRICIA A 677 E 143RD STREET BURNSVILLE MN 55337
236-02 661629089 SENECAL DAVID C 499 BEECH STREET MANCHESTER NH 03102
236-02 661629345 PIRES CLAIRE LAWRENCE 209 HAWTHORNE STREET BROOKLYN NY 11225
236-02 661629923 COLE RANDY 5082 ESPY AV LONG BEACH MS 39560
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-01 680077310 80,750.00 80,247.80 12/01/96 11/01/11 161.00 06/01/98 85.0 10.750 753.79
236-01 680081221 30,800.00 30,723.48 01/26/97 12/26/11 162.84 05/26/98 70.0 11.750 310.90
236-01 680177813 50,000.00 49,985.69 04/01/97 03/01/12 165.00 06/01/98 90.0 12.000 514.31
236-01 800276966 100,000.00 99,511.75 09/01/97 08/01/27 350.00 07/01/98 55.5 9.750 859.16
236-01 800307027 22,900.00 22,422.68 10/01/97 09/01/12 171.00 08/01/98 90.0 11.150 220.68
236-01 800314627 15,346.00 15,298.21 09/26/97 08/26/12 170.83 06/26/98 90.0 11.550 152.56
236-01 800329278 34,740.00 34,072.64 11/28/97 10/28/12 172.90 06/28/98 79.9 14.900 483.84
236-01 800410664 38,000.00 37,594.52 11/22/97 10/22/12 172.70 05/22/98 90.0 11.550 445.12
236-01 800414708 16,915.00 16,648.09 12/01/97 11/01/12 173.00 06/01/98 85.0 12.550 209.03
236-01 800418329 40,000.00 39,994.40 12/03/97 11/03/12 173.10 05/03/98 89.5 12.350 422.26
236-01 800418816 63,500.00 63,472.11 12/13/97 11/13/12 173.42 05/13/98 74.7 10.600 585.62
236-01 800429318 190,700.00 190,700.00 12/01/97 11/01/12 173.00 06/01/98 79.8 12.500 2,035.26
236-01 800436727 54,000.00 53,565.04 12/24/97 11/24/17 233.79 06/24/98 89.6 10.800 550.05
236-01 800440075 395,000.00 390,004.61 12/13/97 11/13/17 233.42 06/13/98 84.9 9.400 3,656.16
236-01 800441271 31,000.00 30,563.27 01/01/98 12/01/12 174.00 06/01/98 84.4 12.000 372.05
236-01 800446742 119,500.00 119,359.35 02/01/98 01/01/28 355.00 06/01/98 85.3 10.600 1,102.06
236-01 800461311 37,400.00 37,311.48 01/10/98 12/10/27 354.31 06/10/98 85.0 11.990 384.41
236-01 800467821 140,000.00 140,000.00 01/02/98 12/02/17 234.05 06/02/98 80.0 12.500 1,590.60
236-01 800475840 37,500.00 37,403.39 01/12/98 12/12/27 354.38 06/12/98 75.0 10.700 348.65
236-01 800478208 37,000.00 36,527.66 12/19/97 11/19/17 233.62 06/19/98 78.5 10.500 369.40
236-01 800478646 42,000.00 41,903.62 01/15/98 12/15/17 234.48 06/15/98 89.8 12.100 465.39
236-01 800479214 124,100.00 124,100.00 01/19/98 12/19/12 174.61 05/19/98 75.2 12.800 1,353.42
236-01 800484222 102,000.00 101,583.06 12/25/97 11/25/27 353.82 06/25/98 85.0 9.500 857.67
236-01 800486425 38,000.00 37,291.93 01/16/98 12/16/17 234.51 06/16/98 89.7 11.700 410.50
236-01 800488942 189,000.00 189,000.00 01/11/98 12/11/12 174.35 05/11/98 90.0 11.600 1,886.08
236-01 800492696 175,000.00 174,561.49 01/12/98 12/12/27 354.38 06/12/98 67.3 12.250 1,833.82
236-01 800493322 70,000.00 69,687.65 02/06/98 01/06/18 235.20 06/06/98 73.1 11.450 744.09
236-01 800497257 30,000.00 29,977.50 01/03/98 12/03/17 234.08 05/03/98 84.7 10.850 306.60
236-01 800508939 24,000.00 23,989.34 02/01/98 01/01/13 175.00 06/01/98 78.7 13.150 268.30
236-01 800510745 18,000.00 17,721.45 02/23/98 01/23/08 115.76 06/23/98 85.0 12.350 261.90
236-01 800518359 27,000.00 26,921.50 01/22/98 12/22/12 174.71 06/22/98 74.0 13.650 312.45
236-01 800521700 27,000.00 26,758.91 02/06/98 01/06/13 175.20 06/06/98 89.7 11.600 317.13
236-01 800525180 123,250.00 123,020.28 02/15/98 01/15/28 355.50 05/15/98 85.0 14.990 1,557.44
236-01 800530883 29,000.00 28,807.35 11/20/97 10/20/12 172.64 06/20/98 81.8 12.990 320.57
236-01 800531527 63,500.00 63,500.00 02/01/98 01/01/13 175.00 06/01/98 84.9 13.500 727.34
236-01 800535973 16,900.00 16,897.68 02/07/98 01/07/13 175.23 06/07/98 89.9 10.650 156.49
236-01 800541369 270,000.00 269,356.92 04/01/98 03/01/28 357.00 06/01/98 77.1 11.875 2,751.30
236-01 800547481 57,000.00 56,930.63 02/09/98 01/09/13 175.30 06/09/98 84.9 11.500 564.47
236-01 800552127 31,000.00 30,856.88 02/26/98 01/26/13 175.86 06/26/98 84.7 12.800 338.08
236-01 800566424 29,700.00 29,649.33 03/18/98 02/18/13 176.61 06/18/98 89.9 11.400 291.85
236-01 800574576 101,550.00 101,488.95 02/01/98 01/01/28 355.00 06/01/98 58.1 11.800 1,028.95
236-01 800584773 90,000.00 89,741.58 03/11/98 02/11/13 176.38 06/11/98 80.5 10.450 819.90
236-01 800608424 120,600.00 120,474.31 03/03/98 02/03/28 356.12 06/03/98 90.0 11.550 1,198.89
236-01 800608622 148,500.00 148,500.00 03/01/98 02/01/28 356.00 06/01/98 90.0 11.500 1,470.58
236-01 800614448 144,000.00 142,139.01 03/17/98 02/17/18 236.58 06/17/98 80.0 9.150 1,309.53
236-01 800621856 63,000.00 62,357.17 03/17/98 02/17/13 176.58 06/17/98 85.0 9.750 667.40
236-01 800631574 52,380.00 52,287.19 04/06/98 03/06/28 357.14 06/06/98 84.6 12.550 561.07
236-01 800631830 80,500.00 80,500.00 03/19/98 02/19/13 176.65 05/19/98 70.0 12.990 889.86
236-01 800632499 50,500.00 50,500.00 04/11/98 03/11/13 177.30 06/11/98 84.8 12.400 619.14
236-01 800634974 188,700.00 187,955.88 04/05/98 03/05/13 177.11 06/05/98 74.9 12.990 2,386.28
236-01 800671976 90,000.00 90,000.00 04/01/98 03/01/28 357.00 06/01/98 56.2 11.700 905.02
236-01 800885691 45,900.00 45,900.00 07/01/98 06/01/28 360.00 07/01/98 90.0 9.250 377.61
------------------------------------------- ------- -------------------------------
52 4,197,131.00 4,179,765.78 253.21 80.3 11.526 43,325.03
236-02 661583203 185,000.00 184,911.53 05/01/98 04/01/23 298.00 06/01/98 69.8 12.600 2,030.97
236-02 661598987 54,400.00 54,400.00 05/07/98 04/07/28 358.19 06/07/98 80.0 10.000 477.40
236-02 661609859 212,900.00 211,602.63 04/01/98 03/01/13 177.00 07/01/98 70.9 11.950 2,548.31
236-02 661612234 123,750.00 123,750.00 06/01/98 05/01/28 359.00 06/01/98 75.0 11.500 1,225.49
236-02 661612853 133,000.00 133,000.00 06/01/98 05/01/18 239.00 06/01/98 70.0 11.750 1,441.33
236-02 661617555 115,500.00 115,268.44 04/01/98 03/01/18 237.00 06/01/98 70.0 12.100 1,279.82
236-02 661617878 200,000.00 199,160.50 04/01/98 03/01/13 177.00 06/01/98 54.0 11.550 2,342.74
236-02 661623991 135,000.00 134,876.94 04/16/98 03/16/13 177.47 06/16/98 90.0 9.650 1,149.96
236-02 661624106 530,000.00 530,000.00 06/01/98 05/01/28 359.00 06/01/98 73.1 11.100 5,087.40
236-02 661625749 168,000.00 167,950.30 05/01/98 04/01/28 358.00 06/01/98 67.2 11.850 1,708.70
236-02 661626754 400,000.00 399,099.54 05/01/98 04/01/13 178.00 06/01/98 67.7 10.750 4,483.79
236-02 661628412 11,000.00 11,000.00 05/01/98 04/01/28 358.00 06/01/98 68.1 11.100 105.59
236-02 661629089 234,500.00 234,500.00 07/01/98 06/01/13 180.00 07/01/98 70.0 11.500 2,739.41
236-02 661629345 263,000.00 262,471.05 06/01/98 05/01/13 179.00 07/01/98 75.1 11.950 3,147.99
236-02 661629923 44,100.00 43,897.28 04/02/98 03/02/18 237.01 07/02/98 70.0 10.600 443.25
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 2 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 661629931 GRIFFIN ANN DELORA 1600 CARMEL DRIVE WALNUT CREEK CA 94596
236-02 661630046 GRIFFIN LATREICE 16896 TRACEY DETROIT MI 48235
236-02 661630715 RINALDI GIANCARLO 483 487 MARKET STREET PATERSON NJ 07501
236-02 661631614 FOWOWE PETER 5684-86 NORTH RIDGE AVE CHICAGO IL 60640
236-02 661631630 GARFI SALVATORE F 76 RIDGE STREET NEW HAVEN CT 06515
236-02 661632836 SICILIANO JOSEPH 22 CHAFFEE ROAD LIBERTY NY 12754
236-02 661633578 EVERETT ELAINE WILTZ 53 CANTERBURY CIRCLE VALLEJO CA 94591
236-02 661633974 JUNECKO JUDITH L 2160 FLORENCE RD. MT. DORA FL 32757
236-02 661634022 BASILE THOMAS C 2402 SIOUX AVENUE WOODRIDGE IL 60517
236-02 661634121 CHACON ALFREDO 3136 SUMMIT AVENUE UNION CITY NJ 07087
236-02 661634154 ELLIS CHARLES D 7839 43 S COLFAX AVE CHICAGO IL 60649
236-02 661634964 NANDAKUMAR VANAJA 3901 HIGHLAND RD WATERFORD MI 48329
236-02 661635276 WILLIAMS EARNEST 3600 TRENTON LANE NORTH PLYMOUTH MN 55441
236-02 661635359 VENDITTI JOHN 86-88 ALDER ST/157 WOOD ST WATERBURY CT 06706
236-02 661635383 POPOVICH VASILY 311 CENTER STREET MANCHESTER NH 03103
236-02 661635425 GRAF KARL 213 & 219 LAUREL STREET MANCHESTER NH 03103
236-02 661636340 OSZCZEPINSKI JANINA 4950 SOUTH HERMITAGE CHICAGO IL 60609
236-02 661636704 PORCELLI ROBERT M 34971 FAIRWAY DR AVON OH 44011
236-02 661637645 COMPTON TOMMY L 9478 BURKESVILLE ROAD EIGHTY-EIGHT KY 42130
236-02 661638403 ASHWORTH BRUCE A 50 SOUTH MADISON AVENUE GREENWOOD IN 46142
236-02 661638478 GORDON ALICE M 4503 09 WEST END CHICAGO IL 60624
236-02 661638775 NELSON TRACY GENE 36 LEE ROAD 602 PHENIX CITY AL 36870
236-02 661639088 D & M PROPER TIES 91 PINE STREET MONTCLAIR NJ 07042
236-02 661639229 WHITE DAVID JR 896 SHIVERS GREEN ROAD RIDGEWAY SC 29130
236-02 661639237 TRAMBLE MALACIAH 3300 OAK AVENUE SOUTHWEST BIRMINGHAM AL 35221
236-02 661639302 VONDER HEIDE RICHARD J SR 3405 HAWTHORNE FRANKLIN PARK IL 60131
236-02 661639336 CEASER CURTIS C 4805 CORLEY ST BEAUMONT TX 77707
236-02 661639351 HERRIMAN CATHY D 401 MEADOW GREEN ROUND LAKE BEACH IL 60073
236-02 661639450 CAIAZZA MARIANNE T 59 61 MULBERRY STREET CLAREMONT NH 03743
236-02 661639476 CAIAZZA MARIANNE T 30 34 SULLIVAN STREET CLAREMONT NH 03743
236-02 661639575 KOTTKE LOUIS J 5701 N MELVINA CHICAGO IL 60640
236-02 661639716 OLSON DALE T 61 N WISCONSIN AVENUE CARPENTERSVILLE IL 60110
236-02 661639880 LUARCA EDWARD J ROUTE 3 BOX 793 KIMBERLING CITY MO 65686
236-02 661640078 LEVY MICHAEL RAY 7608 PIEDRAS HOBBS NM 88242
236-02 661640102 FERGUSON KEITH TYRONE 7603 NAREMORE DRIVE SPRING TX 77579
236-02 661640227 COSIMO MARIA G 3921 GROVE AVENUE STICKNEY IL 60402
236-02 661640342 SAMANDI MOHAMMAD H 111 STRATMORE FRIENDSWOOD TX 77581
236-02 661640417 LEVINER BERNARD L 2010-2012 RIDGE ROAD ONTARIO NY 14519
236-02 661640631 STACY WILLIAM G JR 4604 CENTER AVE LYONS IL 60534
236-02 661640847 RICE ALONZO JR 6 SOUTH LOUCKS STREET AURORA IL 60507
236-02 661641431 BOLLINO BRUCE 6401 BELAIR ROAD BALTIMORE MD 21206
236-02 661641456 OWENS CHARLES 1637 1653 WEST 89TH STREET CHICAGO IL 60620
236-02 661641605 PORTER FANNIE 752 754 MYRTLE AVENUE BROOKLYN NY 11213
236-02 661641696 PRICE CHERYL S 21955 MILES RD NORTH RANDALL OH 44128
236-02 661641704 GREENE PAMELA 4538 W HARRISON STREET CHICAGO IL 60624
236-02 661641845 SILVA JOSEPH JUAN 474 SOUTH F STREET PERRIS CA 92570
236-02 661642041 LIM EDUARDO O 1443 N MELROSE CHICAGO IL 60657
236-02 661642082 BARTON JAMES M 133 E BELLS MILL RD PHILADELPHIA PA 19118
236-02 661642306 STACK ROBERT 1135 ROUND LAKE ROAD WHITE LAKE MI 48386
236-02 661642603 PUCKETT JOHN R 114 F AVE NW HARLOWTON MT 59036
236-02 661642751 ROBERT NORMAND C 21 23 PEARL STREET AUBURN ME 04210
236-02 661642793 MARTINEZ EDMUNDO 11471 SW 193RD STREET MIAMI FL 33157
236-02 661643239 EDWARDS THOMAS G 203 SOUTH STANLEY WHEELER TX 79096
236-02 661643411 BEARLUND ROBERT C JR 16963 S MOHICAN DRIVE LOCKPORT IL 60441
236-02 661643916 FOOTE KIMBERLY A 5230 W CRYSTAL STREET CHICAGO IL 60651
236-02 661644005 FLAX ANDRE 189 WINDSONG CIR BLDG #F EAST BRUNSWICK NJ 08816
236-02 661644195 FOX GEORGE 804 ETHEL STREET TALLULAH LA 71282
236-02 661644336 ANTONIADIS JOHN 16067 E TREVINO BLVD FOUNTAIN HILLS AZ 85268
236-02 661644468 BOOTH JUDITH L 4532 WARSAW AVENUE LYONS IL 60534
236-02 661644633 ROBINSON HERSHELL LEE SR 7132 SOUTH WOOD CHICAGO IL 60636
236-02 661644690 BROOKINS HOWARD B JR 1501 E 65TH STREET CHICAGO IL 60637
236-02 661644708 MATHIS BRIAN 7201 07 S VINCENNES CHICAGO IL 60626
236-02 661645077 EMERY EUGENE R 28 THIRD STREET BERLIN NH 03570
236-02 661645101 SALCEDA JOHN FRUCTUOSO 220 POPLAR WINNETKA IL 60093
236-02 661645283 METCALF L W 204 NORTH CALIFORNIA CHICAGO IL 60612
236-02 661645291 HUSAIN KASIB 14841 ELDERWOOD AVE EAST CLEVELAND OH 44112
236-02 661646505 BOWEN WILLIAM 5322 24 S KING DRIVE CHICAGO IL 60615
236-02 661646943 YARBER CARNELL 18024 OAK DRIVE DETROIT MI 48221
236-02 661647776 KRICH RONALD B 149 MAPLETREE LANE CARPENTERSVILLE IL 60110
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 661629931 127,500.00 127,390.23 04/09/98 03/09/28 357.24 06/09/98 85.0 9.900 1,109.49
236-02 661630046 39,900.00 39,771.54 05/03/98 04/03/18 238.06 06/03/98 78.2 10.350 394.34
236-02 661630715 165,000.00 165,000.00 07/01/98 06/01/23 300.00 07/01/98 69.9 11.600 1,689.25
236-02 661631614 196,500.00 196,372.04 05/01/98 04/01/23 298.00 06/01/98 69.6 10.850 1,904.65
236-02 661631630 99,300.00 99,300.00 06/01/98 05/01/13 179.00 06/01/98 70.9 11.100 1,134.88
236-02 661632836 287,500.00 287,346.98 05/01/98 04/01/23 298.00 06/01/98 70.9 12.000 3,028.02
236-02 661633578 160,600.00 160,441.25 05/22/98 04/22/28 358.68 07/22/98 84.9 9.300 1,327.04
236-02 661633974 36,000.00 35,754.74 05/06/98 04/06/13 178.16 07/06/98 80.0 12.750 449.58
236-02 661634022 50,100.00 50,005.15 04/16/98 03/16/18 237.47 06/16/98 89.9 12.300 562.16
236-02 661634121 150,000.00 149,969.03 06/01/98 05/01/28 359.00 07/01/98 59.4 13.450 1,712.22
236-02 661634154 197,200.00 197,141.67 05/01/98 04/01/28 358.00 06/01/98 70.1 11.850 2,005.68
236-02 661634964 392,200.00 391,283.67 05/01/98 04/01/18 238.00 07/01/98 49.0 10.950 4,034.91
236-02 661635276 78,000.00 78,000.00 05/06/98 04/06/28 358.16 06/06/98 59.0 8.400 594.23
236-02 661635359 200,000.00 200,000.00 07/01/98 06/01/13 180.00 07/01/98 56.4 10.700 2,235.66
236-02 661635383 85,400.00 85,230.68 05/01/98 04/01/13 178.00 06/01/98 70.0 12.100 1,030.44
236-02 661635425 160,000.00 159,638.14 05/01/98 04/01/13 178.00 06/01/98 65.3 10.700 1,788.53
236-02 661636340 22,000.00 22,000.00 05/27/98 04/27/13 178.85 05/27/98 40.7 10.700 245.92
236-02 661636704 18,000.00 17,443.88 05/08/98 04/08/28 358.22 08/08/98 84.9 11.550 178.94
236-02 661637645 44,000.00 44,000.00 06/12/98 05/12/13 179.34 06/12/98 74.5 11.000 500.10
236-02 661638403 176,800.00 176,800.00 06/01/98 05/01/28 359.00 06/01/98 64.2 11.350 1,730.63
236-02 661638478 148,700.00 148,700.00 06/01/98 05/01/13 179.00 06/01/98 69.9 12.300 1,813.45
236-02 661638775 69,600.00 69,500.40 05/08/98 04/08/13 178.22 06/08/98 80.0 10.000 747.93
236-02 661639088 175,000.00 175,000.00 06/01/98 05/01/13 179.00 06/01/98 70.0 11.700 2,066.64
236-02 661639229 37,100.00 37,049.50 05/22/98 04/22/18 238.68 06/22/98 84.9 10.450 369.15
236-02 661639237 20,000.00 20,000.00 06/13/98 05/13/28 359.38 06/13/98 76.9 11.500 198.06
236-02 661639302 45,000.00 44,612.92 05/15/98 04/15/13 178.45 07/15/98 45.0 11.000 511.47
236-02 661639336 15,000.00 15,000.00 06/11/98 05/11/18 239.31 06/11/98 78.3 12.250 167.78
236-02 661639351 22,000.00 21,951.03 05/03/98 04/03/28 358.06 07/03/98 36.6 10.050 193.88
236-02 661639450 122,500.00 122,500.00 06/01/98 05/01/13 179.00 06/01/98 70.0 11.100 1,400.03
236-02 661639476 150,500.00 150,500.00 06/01/98 05/01/13 179.00 06/01/98 70.0 11.100 1,720.04
236-02 661639575 16,500.00 16,500.00 06/12/98 05/12/13 179.34 06/12/98 79.8 10.650 183.93
236-02 661639716 85,000.00 84,709.64 05/20/98 04/20/13 178.62 06/20/98 65.3 8.000 812.30
236-02 661639880 21,700.00 21,700.00 06/11/98 05/11/18 239.31 06/11/98 89.4 10.900 222.51
236-02 661640078 26,000.00 25,934.58 05/22/98 04/22/13 178.68 06/22/98 76.5 10.050 280.19
236-02 661640102 197,200.00 197,200.00 06/01/98 05/01/28 359.00 06/01/98 74.9 11.750 1,990.56
236-02 661640227 15,000.00 15,000.00 06/01/98 05/01/18 239.00 06/01/98 64.1 9.250 137.38
236-02 661640342 53,600.00 53,600.00 06/13/98 05/13/18 239.38 06/13/98 80.0 9.650 504.88
236-02 661640417 83,000.00 82,829.88 06/01/98 05/01/13 179.00 07/01/98 75.4 11.750 982.83
236-02 661640631 16,000.00 15,923.86 05/10/98 04/10/13 178.29 06/10/98 84.0 9.250 164.67
236-02 661640847 59,500.00 59,417.91 05/21/98 04/21/28 358.65 06/21/98 85.0 10.400 539.83
236-02 661641431 108,500.00 107,558.53 06/01/98 05/01/13 179.00 07/01/98 70.0 11.900 1,295.21
236-02 661641456 936,000.00 935,523.48 06/01/98 05/01/23 299.00 07/01/98 72.0 12.250 10,031.52
236-02 661641605 160,000.00 159,809.48 05/01/98 04/01/17 226.00 06/01/98 69.5 11.750 1,757.20
236-02 661641696 290,000.00 290,000.00 06/01/98 05/01/13 179.00 06/01/98 48.3 12.700 3,612.14
236-02 661641704 162,500.00 162,500.00 06/01/98 05/01/28 359.00 06/01/98 65.0 15.100 2,067.72
236-02 661641845 420,000.00 419,511.59 06/01/98 05/01/18 239.00 07/01/98 75.0 10.950 4,320.91
236-02 661642041 59,000.00 58,921.62 05/07/98 04/07/18 238.19 06/07/98 89.9 10.670 595.80
236-02 661642082 107,500.00 107,500.00 05/21/98 04/21/13 178.65 05/21/98 75.0 11.350 1,245.57
236-02 661642306 141,700.00 141,700.00 06/01/98 05/01/18 239.00 06/01/98 61.6 11.850 1,545.45
236-02 661642603 29,500.00 29,427.59 05/14/98 04/14/13 178.42 06/14/98 64.8 10.500 326.09
236-02 661642751 225,000.00 224,862.14 06/01/98 05/01/23 299.00 07/01/98 66.7 11.200 2,237.86
236-02 661642793 57,300.00 57,070.99 06/01/98 05/01/13 179.00 07/01/98 68.2 8.800 574.38
236-02 661643239 35,000.00 35,000.00 06/06/98 05/06/13 179.15 06/06/98 56.0 9.300 361.27
236-02 661643411 137,000.00 137,000.00 05/20/98 04/20/28 358.62 05/20/98 85.0 12.000 1,409.20
236-02 661643916 107,200.00 107,200.00 06/11/98 05/11/13 179.31 06/11/98 73.9 12.750 1,338.75
236-02 661644005 178,000.00 178,000.00 06/01/98 05/01/28 359.00 06/01/98 89.8 11.150 1,715.34
236-02 661644195 34,400.00 34,400.00 06/11/98 05/11/13 179.31 06/11/98 64.9 13.240 440.69
236-02 661644336 53,000.00 53,000.00 06/05/98 05/05/13 179.11 06/05/98 43.7 10.750 594.10
236-02 661644468 25,500.00 25,500.00 06/01/98 05/01/18 239.00 06/01/98 34.0 9.400 236.03
236-02 661644633 32,000.00 32,000.00 06/01/98 05/01/28 359.00 06/01/98 64.0 9.300 264.42
236-02 661644690 300,000.00 300,000.00 06/01/98 05/01/18 239.00 06/01/98 75.0 12.600 3,429.59
236-02 661644708 105,000.00 104,787.82 06/01/98 05/01/13 179.00 07/01/98 35.0 11.900 1,253.43
236-02 661645077 11,200.00 11,133.46 06/08/98 05/08/13 179.21 07/08/98 56.0 11.000 127.30
236-02 661645101 85,000.00 85,000.00 05/17/98 04/17/13 178.52 06/17/98 75.9 10.650 787.08
236-02 661645283 206,200.00 206,200.00 06/01/98 05/01/13 179.00 06/01/98 54.9 14.900 2,871.84
236-02 661645291 91,000.00 91,000.00 06/01/98 05/01/13 179.00 06/01/98 70.0 13.500 1,181.47
236-02 661646505 161,200.00 161,200.00 06/01/98 05/01/18 239.00 06/01/98 74.9 11.750 1,746.94
236-02 661646943 71,000.00 71,000.00 06/20/98 05/20/28 359.61 06/20/98 41.7 10.250 636.23
236-02 661647776 81,900.00 81,900.00 06/13/98 05/13/28 359.38 06/13/98 75.8 11.750 826.71
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 3 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800328452 SPARACINO FRANCES 78-22 87TH ROAD WOODHAVEN NY 11421
236-02 800427726 YAEGER BILLIE P 205 TOWERING PINES DRIVE LAKELAND FL 33813
236-02 800464265 SHOWELL APRIL 1810 7TH AVENUE SOUTH ST. PETERSBURG FL 33712
236-02 800473399 GOODRICH LISA S 1149 ROGERS AVENUE BROOKLYN NY 11226
236-02 800476921 CONNER ALAN L 9584 WEST 77TH DRIVE ARVADA CO 80005
236-02 800484438 HUNTER ELIZABETH A 1655 WEST SUNTURF STREET LECANTO FL 34461
236-02 800487290 SIMON FERN 960 HEDGEROW COURT BLUE BELL PA 19422
236-02 800492027 MABRY LADONNA 527 W 110TH STREET APT 43 NEW YORK NY 10025
236-02 800493959 DESMOND JILL T 10620 SOUTH MANDELAY LOOP HOMOSASSA FL 34442
236-02 800504839 DAVIS MONIQUE M 4400 EAST 6TH AVENUE DENVER CO 80220
236-02 800506990 GLANTON EDDIE L SR 112 HENDERSON STREET SUMMERVILLE GA 30747
236-02 800510166 CAPWELL GARY M 926 IVANHOE STREET DENVER CO 80220
236-02 800515835 MCDANIEL ELMOND L 12A CARDINAL DRIVE ORMOND BEACH FL 32175
236-02 800515876 MCDANIEL ELMOND L 156 A NORTH SHORES DRIVE ORMOND BEACH FL 32175
236-02 800522104 MOORE SUDIE HAM 2204 ROUSE ROAD KINSTON NC 28501
236-02 800523102 ROBINSON WALLACE JR 7509 LENHAM DRIVE FORT WASHINGTON MD 20744
236-02 800523284 BRAWLEY CAROL RTE 9 BOX 67-D SANTA FE NM 87505
236-02 800528440 SLOMINSKI TERRANCE J 17402 E LAKE HAVEN DRIVE LAKE OSWEGO OR 97035
236-02 800534919 COLEMAN SHONNETTE 88 SOUTH PORTLAND AVENUE BROOKLYN NY 11217
236-02 800536591 ROSE PAUL E 6376 TAMARIND AVENUE HERNANDO FL 34442
236-02 800537656 GINGERICH JAMES M 1743 GARFIELD AVENUE LEBANON PA 17046
236-02 800538597 KLINGER JEFFREY W RR 1 BOX 832 COAL TOWNSHIP PA 17866
236-02 800538936 UNGER BARRY D 9959 SHOSHONE WAY RANDALLSTOWN MD 21133
236-02 800539017 KASPRZAK DAVID B 229 WEST BROAD STREET TAMAQUA PA 18252
236-02 800541583 WILSON RONALD L 6 GLOUCESTER STREET/UNIT 2 BOSTON MA 02115
236-02 800543175 WALL HENRIETTA 529 N CURLEY STREET BALTIMORE MD 21205
236-02 800545477 MORROW DANIEL 4220 STATE ROAD MEDINA OH 44256
236-02 800550212 BEYER MICHAEL W SR 1713 BRIAN COURT CROFTON MD 21114
236-02 800550758 PETERS ALFRED D 1273 PRECIOUS COURT TOMS RIVER NJ 08755
236-02 800551087 DOUGLAS LARRY A 45 SPINYTHORN ROAD LEVITTOWN PA 19056
236-02 800551517 OSULLIVAN DENNIS 170 NORWICH ROAD SALEM CT 06420
236-02 800553125 MCLEOD VALENCIA A 835 WOODWARD STREET BALTIMORE MD 21230
236-02 800553216 HODGSON THOMAS 3 KIRKWOOD PLACE CALDWELL NJ 07006
236-02 800553430 PROCACCINI ALFRED J JR 1226 LANSING DRIVE SPRING HILL FL 34608
236-02 800556052 BELDEN RICHARD A 39 PERCH ROAD SHELTON CT 06484
236-02 800556193 MARRERO ISMAEL 4956 SOUTH 4055 WEST WEST VALLEY CITY UT 84118
236-02 800556219 COOPER, HAL B H 11715 NORTHEAST 145 STREET KIRKLAND WA 98034
236-02 800556987 OWENS BOBBY 216 HILLCREST LANE LIBERTY SC 29657
236-02 800557340 HELMS EDWARD C II 102 RUUNING PLACE MOUNT HOLLY NC 28120
236-02 800558322 MOFFATT DAVID J 6238 STATE ROUTE 46 CORTLAND OH 44410
236-02 800559098 HARTFIELD DAVID MEXFORD 623 POSTON ROAD JOHNSONVILLE SC 29555
236-02 800559130 SAHPAZIS JOHN J 449 MARSHALL AVENUE SAN JOSE CA 95125
236-02 800560468 MISSITI AGOSTINO 55 WOBURN STREET READING MA 01867
236-02 800560542 DORSEY JAMES B 24-26 READ STREET NEW HAVEN CT 06520
236-02 800562159 CRUZ CARLOS 532 MAPLE STREET READING PA 19602
236-02 800562407 VANHORN CHARLES B 545 MARLBOROUGH AVENUE HARRISBURG PA 17111
236-02 800564403 GALAN MARIO 296 EAST 8TH STREET BROOKLYN NY 11218
236-02 800565327 CHILEK CHRISTINE M 18 PINEHURST DRIVE CASWELL BEACH NC 28465
236-02 800566721 HENDRICKS ZENNA WALTERS 75 HENRY STREET ROOSEVELT NY 11575
236-02 800567661 JOHNSON MARK A 21 EAST ELM STREET NORRISTOWN PA 19401
236-02 800570400 YASKO ANDREW J 745 PENDERGRASS AVENUE MURRELLS INLETS SC 29576
236-02 800572349 LARRIS JEFF P 123 STRATHMORE STREET NORTH WOODMERE NY 11581
236-02 800572612 DORES ELLEN RR1 BOX 166 ORANGE VA 22960
236-02 800574451 MCREYNOLDS ERIN 12 SOUTH LANE CHAPPAQUA NY 10514
236-02 800574527 CODY MICHAEL T 1552 EAST SHANNON STREET CHANDLER AZ 85225
236-02 800574931 TOWNLEY SAMUEL J 102 WOOLMAN STREET MOUNT LAUREL NJ 08054
236-02 800575722 MAZURAK STEPHEN 2 ANTHONY ROAD BARRINGTON RI 02806
236-02 800576191 DISALVO MARIA 87-10 149TH AVENUE UNIT 6A HOWARD BEACH NY 11414
236-02 800576340 PALMER JOSEPH A 135 HEDGE ROAD LEVITTOWN PA 19056
236-02 800576548 BENNETT DENNIS A 334 NUBER AVENUE MOUNT VERNON NY 10553
236-02 800577157 DUNEK KENNETH R 43 SADDLE DRIVE MOUNT LAUREL NJ 08054
236-02 800577504 DAWKINS JOSEPH 714 SW 35TH STREET CAPE CORAL FL 33914
236-02 800578650 COLACICCO DOMINIC 11 SHEPHERD STREET NORWALK CT 06851
236-02 800579559 DUPUY CONNIE A 6324 1ST AVENUE EAST BRADENTON FL 34208
236-02 800580839 FORBES HUGH 107-42 130TH STREET RICHMOND HILLS NY 11419
236-02 800582066 LOUNSBURY MICHAEL 904 ESTELLE STREET BRANDON FL 33511
236-02 800582470 REED ANTHONY 8510 SOUTH PEORIA STREET CHICAGO IL 60620
236-02 800583072 WILLIAMS CONNIE 3008 VAN BUREN AVENUE NAPLES FL 34112
236-02 800583940 ALI HELEN L 64 LINDA AVENUE LANCASTER PA 17602
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800328452 125,000.00 123,622.67 12/19/97 11/19/12 173.62 06/19/98 55.0 10.600 1,389.51
236-02 800427726 140,250.00 140,250.00 12/11/97 11/11/12 173.36 05/11/98 85.0 10.950 1,330.34
236-02 800464265 30,000.00 29,955.48 03/09/98 02/09/13 176.32 06/09/98 66.6 12.050 309.74
236-02 800473399 190,800.00 190,589.43 01/10/98 12/10/12 174.31 06/10/98 90.0 11.200 1,845.93
236-02 800476921 162,000.00 162,000.00 01/01/98 12/01/27 354.00 06/01/98 90.0 11.450 1,598.09
236-02 800484438 70,564.00 70,120.21 04/16/98 03/16/28 357.47 07/16/98 80.0 10.600 650.76
236-02 800487290 44,700.00 44,589.27 01/05/98 12/05/17 234.15 06/05/98 79.8 14.300 565.62
236-02 800492027 120,000.00 119,260.72 01/22/98 12/22/12 174.71 06/22/98 64.4 12.900 1,318.07
236-02 800493959 20,400.00 20,255.83 03/09/98 02/09/18 236.32 06/09/98 78.4 12.850 236.82
236-02 800504839 255,677.00 255,677.00 02/01/98 01/01/13 175.00 06/01/98 79.9 13.500 2,928.56
236-02 800506990 45,900.00 45,873.89 03/03/98 02/03/28 356.12 06/03/98 85.0 12.050 473.90
236-02 800510166 20,000.00 19,559.02 02/01/98 01/01/13 175.00 07/01/98 83.1 11.850 238.11
236-02 800515835 47,920.00 47,537.76 01/17/98 12/17/17 234.54 06/17/98 80.0 8.650 420.42
236-02 800515876 31,120.00 30,871.75 01/17/98 12/17/17 234.54 06/17/98 80.0 8.650 273.03
236-02 800522104 15,000.00 14,977.44 04/13/98 03/13/13 177.37 06/13/98 18.9 10.700 167.67
236-02 800523102 38,500.00 38,440.93 02/28/98 01/28/13 175.92 06/28/98 79.9 13.300 434.93
236-02 800523284 40,900.00 40,802.54 03/01/98 02/01/18 236.00 06/01/98 80.0 10.800 416.61
236-02 800528440 70,000.00 69,911.68 02/01/98 01/01/13 175.00 06/01/98 61.0 11.050 669.27
236-02 800534919 199,750.00 199,750.00 04/02/98 03/02/28 357.01 05/02/98 85.0 10.850 1,879.66
236-02 800536591 19,900.00 19,771.72 03/04/98 02/04/13 176.15 06/04/98 67.4 12.050 239.48
236-02 800537656 66,000.00 66,000.00 02/14/98 01/14/13 175.46 05/14/98 80.9 12.990 729.58
236-02 800538597 66,300.00 66,055.80 02/27/98 01/27/28 355.89 06/27/98 80.3 9.400 552.66
236-02 800538936 35,000.00 34,660.15 02/01/98 01/01/13 175.00 06/01/98 72.4 12.500 431.39
236-02 800539017 51,200.00 50,167.59 03/06/98 02/06/28 356.22 08/06/98 80.0 13.050 568.38
236-02 800541583 261,000.00 261,000.00 03/06/98 02/06/28 356.22 06/06/98 75.0 9.650 2,223.25
236-02 800543175 20,000.00 19,967.75 02/15/98 01/15/13 175.50 05/15/98 49.5 14.240 269.58
236-02 800545477 272,000.00 271,703.27 04/18/98 03/18/28 357.53 06/18/98 80.0 13.100 3,030.14
236-02 800550212 32,900.00 32,820.21 03/23/98 02/23/18 236.78 06/23/98 89.8 11.200 344.08
236-02 800550758 28,000.00 27,916.17 03/20/98 02/20/13 176.68 05/20/98 80.5 13.550 321.82
236-02 800551087 44,000.00 43,990.60 02/06/98 01/06/13 175.20 05/06/98 80.9 13.300 497.07
236-02 800551517 31,200.00 30,903.41 03/01/98 02/01/13 176.00 07/01/98 84.9 11.750 369.45
236-02 800553125 50,150.00 50,064.48 03/17/98 02/17/13 176.58 05/17/98 85.0 11.800 508.14
236-02 800553216 150,450.00 150,358.55 03/01/98 02/01/28 356.00 06/01/98 85.0 11.750 1,518.66
236-02 800553430 95,000.00 94,869.03 05/03/98 04/03/13 178.06 06/03/98 74.2 9.900 826.68
236-02 800556052 101,500.00 101,383.32 02/16/98 01/16/13 175.53 06/16/98 84.9 12.850 1,110.90
236-02 800556193 86,175.00 85,311.88 03/01/98 02/01/13 176.00 06/01/98 90.0 11.200 833.71
236-02 800556219 40,500.00 40,481.60 05/01/98 04/01/13 178.00 07/01/98 84.5 13.050 449.59
236-02 800556987 12,750.00 12,750.00 06/04/98 05/04/08 119.08 06/04/98 75.0 12.900 189.62
236-02 800557340 16,000.00 15,966.08 05/06/98 04/06/13 178.16 06/06/98 45.7 10.750 179.35
236-02 800558322 38,300.00 38,038.55 04/17/98 03/17/13 177.50 06/17/98 58.9 5.800 319.07
236-02 800559098 38,400.00 38,400.00 05/01/98 04/01/18 238.00 06/01/98 80.0 14.150 481.70
236-02 800559130 183,000.00 183,000.00 06/01/98 05/01/13 179.00 06/01/98 69.0 8.000 1,342.79
236-02 800560468 23,938.00 23,938.00 03/24/98 02/24/13 176.81 05/24/98 85.9 12.400 293.48
236-02 800560542 16,300.00 16,266.57 02/26/98 01/26/18 235.86 05/26/98 84.9 13.050 191.55
236-02 800562159 20,000.00 19,951.30 05/02/98 04/02/13 178.03 06/02/98 68.9 9.750 211.87
236-02 800562407 23,000.00 22,860.32 03/18/98 02/18/13 176.61 06/18/98 88.3 12.100 238.36
236-02 800564403 195,000.00 194,884.07 02/15/98 01/15/28 355.50 06/15/98 89.8 11.850 1,983.31
236-02 800565327 100,000.00 100,000.00 04/26/98 03/26/13 177.80 05/26/98 74.0 9.000 804.62
236-02 800566721 108,000.00 107,942.19 03/09/98 02/09/13 176.32 06/09/98 80.0 13.800 1,262.58
236-02 800567661 26,000.00 26,000.00 04/23/98 03/23/13 177.70 05/23/98 65.0 12.250 272.45
236-02 800570400 32,000.00 31,766.88 04/25/98 03/25/13 177.76 06/25/98 64.0 11.625 376.37
236-02 800572349 172,000.00 172,000.00 04/03/98 03/03/28 357.04 05/03/98 80.0 8.900 1,371.59
236-02 800572612 56,000.00 56,000.00 06/18/98 05/18/28 359.54 06/18/98 80.0 12.850 612.91
236-02 800574451 50,000.00 50,000.00 05/01/98 04/01/13 178.00 06/01/98 76.5 11.350 489.43
236-02 800574527 94,550.00 93,025.73 04/01/98 03/01/28 357.00 08/01/98 79.9 13.650 1,094.16
236-02 800574931 82,400.00 82,137.59 03/03/98 02/03/28 356.12 06/03/98 80.0 9.300 680.88
236-02 800575722 47,500.00 47,491.06 03/06/98 02/06/13 176.22 05/06/98 79.9 14.250 572.23
236-02 800576191 45,000.00 44,921.96 05/03/98 04/03/13 178.06 06/03/98 73.7 9.900 480.82
236-02 800576340 101,500.00 101,272.22 04/11/98 03/11/28 357.30 06/11/98 84.9 9.850 879.51
236-02 800576548 222,600.00 222,358.33 04/17/98 03/17/13 177.50 06/17/98 80.9 12.750 2,418.98
236-02 800577157 28,000.00 27,975.53 02/13/98 01/13/13 175.43 06/13/98 84.3 12.800 305.36
236-02 800577504 96,900.00 96,856.49 03/17/98 02/17/28 356.58 05/17/98 85.0 13.200 1,087.08
236-02 800578650 34,000.00 33,633.24 03/23/98 02/23/08 116.78 06/23/98 80.1 13.600 519.76
236-02 800579559 12,865.00 12,791.20 05/10/98 04/10/13 178.29 06/10/98 84.9 11.750 152.34
236-02 800580839 178,500.00 178,153.86 03/18/98 02/18/28 356.61 05/18/98 77.6 9.950 1,559.87
236-02 800582066 16,800.00 16,522.46 03/19/98 02/19/13 176.65 07/19/98 80.0 11.000 190.95
236-02 800582470 59,400.00 59,280.99 04/16/98 03/16/13 177.47 06/16/98 90.0 11.200 574.68
236-02 800583072 30,000.00 29,917.91 05/21/98 04/21/13 178.65 06/21/98 75.0 12.500 369.76
236-02 800583940 35,000.00 34,148.95 04/04/98 03/04/13 177.07 08/04/98 46.7 11.250 403.33
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 4 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800585358 CRESPO PATRICIA A 78 STATE STREET STATEN ISLAND NY 10310
236-02 800585432 SCHWARTZ HAROLD H 5261 WETHERSFIELD ROAD JAMESVILLE NY 13078
236-02 800586315 COOK MICHAEL E SR ROUTE 1 BOX 47 PAGELAND SC 29728
236-02 800587149 BAKER GARY C 14214 ROBCASTE ROAD PHOENIX MD 21131
236-02 800587974 THOMPSON DALE C 714 HAMMER COURT ELYRIA OH 44035
236-02 800588386 MCKNIGHT SEETA 9006 NORTHWEST 38TH DRIVE CORAL SPRINGS FL 33065
236-02 800588733 JOSEPH RICARDO 229 EAST 43RD STREET BROOKLYN NY 11203
236-02 800590937 OBERMEYER FRANK 11 IRVING PLACE ISLIP TERRACE NY 11752
236-02 800592255 LEE SANG WEON 15-20 208TH STREET BAYSIDE NY 11361
236-02 800592511 BENNINGHOFF J RICHARD 233 OLD MILL ROAD STATE COLLEGE PA 16801
236-02 800592974 SHIN HYUN D 316 SOURWOOD COURT MILLERSVILLE MD 21108
236-02 800593618 WINN CAROYL T JR 8965 PHEASANT LANE TOBYHANNA PA 18466
236-02 800593741 BISHOP CHARLOTTE M 16800 BALD EAGLE SCHOOL RD BRANDYWINE MD 20613
236-02 800594293 DIXON SHARON 9 FAWN RUN MANALAPAN NJ 07726
236-02 800596884 WISSNER JOSH 2125 SENECA DRIVE ELSMERE DE 19805
236-02 800596926 FELKER JACOB 69 WILSEY ROAD TUNKHANNOCK PA 18657
236-02 800597494 COMEAU DANIEL J 1120 SUEMAR ROAD DUNEDIN FL 34698
236-02 800597791 BROWN MATTHEW J 250 BLANCH AVENUE HARRINGTON PARK NJ 07640
236-02 800597841 BARTON ROBERT 16 RUTGERS AVENUE JERSEY CITY NJ 07305
236-02 800598146 HORAK JOHN r 3629 WASHINGTON ROAD VALRICO FL 33594
236-02 800599102 VERDI WILLIAM 38 AMHERST STREET PROVIDENCE RI 02908
236-02 800600462 ZIEGLER SAMUEL 1251 EAST 92ND STREET BROOKLYN NY 11236
236-02 800601908 LOFTON JESSIE T 218 HIGH STREET SHARON HILL PA 19079
236-02 800603029 GASKELL ARTHUR R JR 6706 MANOR BEACH ROAD NEW PORT RICHEY FL 34652
236-02 800603839 ROTOLA JOHN 1925 SOUTH ROUTT COURT LAKEWOOD CO 80227
236-02 800603847 MAY KARL E 12325 FAIRHILL DRIVE CLEVELAND OH 44120
236-02 800604282 COHEN SAMUEL E. 16634 PARKSIDE DETROIT MI 48221
236-02 800605404 FRANK STEVEN E RT 2 BOX 120 B WINNSBORO SC 29180
236-02 800606717 MILLER MARC D RR 5 BOX 191 DOGWOOD LANE WILLIAMSPORT PA 17701
236-02 800607251 NOVAK BETTY LEA 162 JACKSON DRIVE GETTYSBURG PA 17325
236-02 800607434 ONEAL CHARLES HINTON 5800 DOGWOOD DRIVE RALEIGH NC 27604
236-02 800607947 KAYEA SANDRA L 3 DENHAM AVENUE CLAYMONT DE 19703
236-02 800607954 SNYDER GARY D 5723 IDLEBROOK DR CHARLOTTE NC 28212
236-02 800608358 JOHNSON CLARENCE 162 12 109TH AVENUE JAMAICA NY 11433
236-02 800609299 CIRILLO KATHY A 20 PENELOPE COURT MAHOPAC NY 10541
236-02 800609752 DOTTERER WAYNE S 1404 COTTON STREET READING PA 19602
236-02 800610024 GARCIA JUAN JR 5200 17TH STREET CLEWISTON FL 33440
236-02 800611287 BURCHAM JOY 21600 WILLAMINA CREEK ROAD WILLAMINA OR 97396
236-02 800611428 JARVIS SHERYL L 1131 EAST TORREON DRIVE LITCHFIELD PARK AZ 85340
236-02 800611626 HUFF WILFRED E 1921 SIXTH ST SW CANTON OH 44706
236-02 800611816 WAUGH WESTON J 880 PIEDMONT AVENUE ATLANTA GA 30309
236-02 800612574 ONDERKO DONALD D RD #1 ST JOHNS ROAD DRUMS PA 18222
236-02 800612756 NAHODIL RUSSELL F JR RD #1 BOX 675 COAL TOWNSHIP PA 17866
236-02 800613077 ASHWORTH SHARON 78 SOUTH 200 WEST LEVAN UT 84639
236-02 800613358 DUNN JOHN 171 WEST AVENUE PATCHOGUE NY 11772
236-02 800613721 DAVIDSON PATRICIA 645 ROSEDOWN WAY LAWRENCEVILLE GA 30043
236-02 800614422 MOHRING SHARI L 10161 W WINTHROP COURT ZION IL 60099
236-02 800614430 BOWMAN DANIEL R 930 WARREN ROAD GERMAN FLATTS NY 13407
236-02 800614737 TIJERINA ALONZO 1224 E LOMA VISTA DRIVE TEMPE AZ 85282
236-02 800614935 RAUSCH ALBERT F 2201 LENNOX ROAD PALM HARBOR FL 34683
236-02 800615528 GOMEZ FRANKIE K SR 8216 CALLE ENSUENO NW ALBUQUERQUE NM 87120
236-02 800616138 NAUGHTON JOHN J 913 GREENRIDGE STREET SCRANTON PA 18509
236-02 800616245 PAHLMAN MARGARET R 340 GLENCOVE DRIVE NEW KENSINGTON PA 15068
236-02 800616575 LOSER MICHAEL L 2124 WEST 20TH STREET PUEBLO CO 81003
236-02 800616815 CARUSO KAREN A 658 KENNEDY ROAD WINDSOR CT 06095
236-02 800617052 TANLER BENJAMIN C 360 RALEIGH STREET DENVER CO 80219
236-02 800617078 FISHER THOMAS R 2106 E LA VIEVE LANE TEMPE AZ 85284
236-02 800617797 ROBBINS DAVID S 2539 E WILMINGTON AVENUE SALT LAKE CITY UT 84109
236-02 800617961 MASSEY W L 12626 S LINCOLN STREET CALUMET PARK IL 60827
236-02 800618910 LUCIC ZLATKO 75 MONROE STREET PEMBROKE MA 02359
236-02 800618936 ELLIS JAMES 13372 BUDD BURT MI 48417
236-02 800619058 BOSE ASHOKE 4630 N TORTOLITA ROAD TUCSON AZ 85745
236-02 800619546 HART BRIAN J 5 DUBOIS AVENUE POUGHKEEPSIE NY 12601
236-02 800620189 DEFRANK JOHN C 6309 SHORE ACRES HAMLIN NY 14468
236-02 800620478 HOLM ELAINE 62 BARRY DRIVE WESTBURY NY 11590
236-02 800620957 THOMAS MICHELLE 1912 CHESTNUT STREET HARRISBURG PA 17104
236-02 800620981 OLIVEIRA MARIA H 15 EAST TRANSIT STREET PROVIDENCE RI 02906
236-02 800621005 EALY THOMAS H 1700 GOLDHILL AVENUE LAS VEGAS NV 89106
236-02 800621245 SLUTZKER DAVID M 36 ORIOLE LANE TRUMBULL CT 06611
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800585358 135,000.00 134,948.38 03/13/98 02/13/28 356.45 06/13/98 90.0 10.750 1,260.20
236-02 800585432 87,600.00 87,314.02 06/01/98 05/01/13 179.00 07/01/98 75.5 8.850 880.70
236-02 800586315 131,200.00 131,200.00 05/06/98 04/06/28 358.16 06/06/98 80.0 8.500 1,008.81
236-02 800587149 25,000.00 24,773.29 04/05/98 03/05/08 117.11 06/05/98 85.2 10.050 331.07
236-02 800587974 113,900.00 113,900.00 04/10/98 03/10/28 357.27 06/10/98 85.0 6.450 716.18
236-02 800588386 17,750.00 17,677.31 03/19/98 02/19/13 176.65 05/19/98 87.6 11.750 210.18
236-02 800588733 202,500.00 202,500.00 05/14/98 04/14/13 178.42 06/14/98 90.0 10.100 1,792.06
236-02 800590937 20,960.00 20,928.98 04/23/98 03/23/13 177.70 06/23/98 85.9 12.550 224.51
236-02 800592255 90,000.00 89,962.96 04/24/98 03/24/08 117.73 05/24/98 79.9 11.500 1,265.36
236-02 800592511 57,250.00 56,563.66 05/08/98 04/08/13 178.22 06/08/98 85.9 10.600 636.39
236-02 800592974 65,150.00 64,534.62 03/01/98 02/01/13 176.00 07/01/98 84.9 13.000 824.31
236-02 800593618 22,000.00 22,000.00 05/06/98 04/06/13 178.16 06/06/98 77.2 12.100 227.99
236-02 800593741 247,500.00 246,958.38 04/03/98 03/03/28 357.04 06/03/98 71.7 9.850 2,144.61
236-02 800594293 69,700.00 69,665.32 03/17/98 02/17/13 176.58 05/17/98 85.0 12.650 752.00
236-02 800596884 48,000.00 47,942.43 03/25/98 02/25/28 356.84 06/25/98 80.0 10.550 440.88
236-02 800596926 100,800.00 100,656.96 04/24/98 03/24/28 357.73 05/24/98 80.0 12.300 1,060.18
236-02 800597494 92,250.00 92,250.00 04/23/98 03/23/28 357.70 05/23/98 75.0 10.850 868.08
236-02 800597791 89,000.00 88,588.40 04/19/98 03/19/13 177.57 06/19/98 80.0 10.800 1,000.43
236-02 800597841 38,000.00 37,886.43 04/24/98 03/24/28 357.73 06/24/98 44.7 10.500 347.60
236-02 800598146 70,100.00 70,061.15 05/28/98 04/28/18 238.88 06/28/98 86.5 11.650 754.83
236-02 800599102 58,500.00 58,487.16 05/06/98 04/06/13 178.16 06/06/98 73.1 10.600 539.50
236-02 800600462 92,350.00 92,350.00 05/13/98 04/13/13 178.39 05/13/98 84.6 11.900 1,102.42
236-02 800601908 48,000.00 47,943.37 04/20/98 03/20/13 177.60 06/20/98 80.0 11.950 491.89
236-02 800603029 31,500.00 31,500.00 06/01/98 05/01/13 179.00 06/01/98 70.0 10.450 347.22
236-02 800603839 172,808.00 172,808.00 04/01/98 03/01/13 177.00 06/01/98 84.9 11.100 1,658.76
236-02 800603847 450,000.00 449,459.22 04/09/98 03/09/13 177.24 06/09/98 84.1 8.400 3,428.27
236-02 800604282 86,200.00 86,200.00 07/01/98 06/01/28 360.00 07/01/98 74.9 12.650 930.02
236-02 800605404 31,200.00 31,112.67 05/13/98 04/13/18 238.39 06/13/98 80.0 12.450 353.38
236-02 800606717 30,500.00 30,407.39 04/11/98 03/11/13 177.30 06/11/98 83.9 13.150 388.92
236-02 800607251 31,165.00 31,142.54 04/11/98 03/11/13 177.30 06/11/98 85.9 10.650 288.58
236-02 800607434 43,000.00 43,000.00 06/01/98 05/01/13 179.00 06/01/98 79.9 12.200 521.62
236-02 800607947 19,200.00 19,154.20 03/06/98 02/06/28 356.22 06/06/98 80.0 10.550 176.35
236-02 800607954 40,000.00 39,641.57 05/01/98 04/01/13 178.00 07/01/98 84.8 10.850 450.88
236-02 800608358 50,000.00 49,818.13 03/27/98 02/27/18 236.91 06/27/98 50.0 10.700 505.92
236-02 800609299 23,150.00 23,054.32 05/14/98 04/14/13 178.42 06/14/98 80.5 11.000 263.12
236-02 800609752 30,010.00 30,010.00 05/23/98 04/23/13 178.72 06/23/98 85.9 11.850 305.23
236-02 800610024 22,400.00 21,638.86 05/03/98 04/03/13 178.06 09/03/98 70.0 12.600 277.54
236-02 800611287 115,000.00 114,617.92 06/01/98 05/01/13 179.00 07/01/98 67.6 6.650 738.26
236-02 800611428 24,250.00 23,942.59 04/01/98 03/01/13 177.00 07/01/98 85.0 12.750 302.84
236-02 800611626 38,400.00 38,336.78 05/10/98 04/10/28 358.29 06/10/98 80.0 9.750 329.92
236-02 800611816 46,700.00 46,700.00 05/01/98 04/01/13 178.00 06/01/98 74.0 10.800 524.95
236-02 800612574 73,600.00 73,546.94 04/27/98 03/27/13 177.83 06/27/98 75.4 10.650 681.52
236-02 800612756 40,000.00 39,429.47 04/13/98 03/13/08 117.37 06/13/98 57.4 9.700 521.99
236-02 800613077 12,900.00 12,801.63 06/01/98 05/01/13 179.00 07/01/98 89.8 10.650 119.45
236-02 800613358 75,200.00 75,200.00 05/08/98 04/08/28 358.22 05/08/98 75.9 10.350 679.46
236-02 800613721 32,000.00 32,000.00 04/02/98 03/02/13 177.01 06/02/98 79.1 11.150 308.38
236-02 800614422 18,900.00 18,821.85 05/17/98 04/17/13 178.52 06/17/98 89.9 11.150 182.13
236-02 800614430 34,450.00 34,436.79 05/06/98 04/06/13 178.16 06/06/98 65.0 12.840 376.78
236-02 800614737 20,380.00 20,380.00 06/01/98 05/01/18 239.00 06/01/98 90.0 10.650 205.53
236-02 800614935 45,050.00 44,975.24 05/01/98 04/01/28 358.00 07/01/98 85.0 10.050 397.01
236-02 800615528 28,800.00 28,780.25 03/23/98 02/23/13 176.78 05/23/98 89.9 11.200 278.63
236-02 800616138 62,400.00 62,400.00 04/06/98 03/06/28 357.14 06/06/98 80.0 13.500 714.74
236-02 800616245 34,195.00 34,074.17 04/06/98 03/06/18 237.14 06/06/98 85.4 12.600 390.92
236-02 800616575 57,500.00 57,180.31 05/01/98 04/01/13 178.00 07/01/98 78.2 8.400 562.86
236-02 800616815 21,000.00 20,972.80 03/23/98 02/23/13 176.78 06/23/98 57.8 12.250 220.06
236-02 800617052 34,369.00 34,357.41 05/01/98 04/01/13 178.00 07/01/98 79.5 14.150 411.31
236-02 800617078 61,575.00 61,575.00 06/01/98 05/01/18 239.00 06/01/98 80.0 12.600 703.92
236-02 800617797 23,000.00 23,000.00 06/01/98 05/01/13 179.00 06/01/98 87.2 11.250 265.04
236-02 800617961 79,200.00 79,200.00 05/01/98 04/01/13 178.00 06/01/98 80.0 13.750 922.77
236-02 800618910 35,000.00 34,867.39 06/04/98 05/04/13 179.08 07/04/98 84.5 11.850 416.69
236-02 800618936 45,400.00 45,225.35 05/06/98 04/06/13 178.16 07/06/98 89.9 9.900 395.07
236-02 800619058 31,000.00 31,000.00 05/01/98 04/01/13 178.00 06/01/98 79.6 11.100 297.57
236-02 800619546 53,100.00 52,912.95 04/02/98 03/02/13 177.01 06/02/98 79.2 13.500 608.21
236-02 800620189 66,725.00 66,380.64 02/01/98 01/01/28 355.00 07/01/98 85.0 12.700 722.50
236-02 800620478 195,500.00 195,224.78 06/01/98 05/01/28 359.00 07/01/98 85.0 8.400 1,489.39
236-02 800620957 52,000.00 51,989.14 04/20/98 03/20/13 177.60 05/20/98 80.0 13.400 591.53
236-02 800620981 20,900.00 20,842.03 04/25/98 03/25/13 177.76 06/25/98 79.9 13.250 267.88
236-02 800621005 35,000.00 34,961.63 04/05/98 03/05/13 177.11 06/05/98 89.8 10.350 316.25
236-02 800621245 37,800.00 37,770.34 04/02/98 03/02/13 177.01 06/02/98 88.4 11.350 437.98
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 5 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800621476 ALVAREZ WILLIAM J 14024 21ST STREET DADE CITY FL 33525
236-02 800621989 SOKOLOFF HOWARD 100 WESTFIELD COURT CORAM NY 11727
236-02 800623191 ARNESON MARK W 4535 LAKEWOOD BOULEVARD NAPLES FL 34112
236-02 800623530 DAVIS RONALD LEE 263 WHITE OAK DRIVE NEWPORT NC 28570
236-02 800623845 RAPLES JOHN J 376 ADAMS STREET ABINGTON MA 02351
236-02 800624579 CHY VANNY 118 PANORAMA DRIVE EDGEWATER NJ 07020
236-02 800624785 TUCK EDWARD C 119 CEDAR STREET CORNWALL PA 17016
236-02 800625121 MENDES DEBRA E 60 MADISON AVENUE TENAFLY NJ 07670
236-02 800625576 PUNSAL REYNALDO M 155 STRATFORD NORTH ROSYLN HEIGHTS NY 11577
236-02 800625766 MILLER JAMES E 5120 NW BELL CT LINCOLN CITY OR 97367
236-02 800626129 MERCADO RICHARD 158 CARLTON AVENUE BROOKLYN NY 11205
236-02 800626210 FORDNEY KENNETH 429 FOX CHASE ROAD CHESTER NJ 07930
236-02 800626434 MARCHESE VINCENT J 133 RAWLINS RUN ROAD PITTSBURGH PA 15215
236-02 800626509 DISTANT HERBERTO 17 IRVING PLACE BROOKLYN NY 11205
236-02 800627036 HUGHEY WILLIAM 1425 FORT STEVENS DRIVE NW WASHINGTON DC 20011
236-02 800627846 GALLIHER COLEEN A 1565 EAST 750 SOUTH #B CLEARFIELD UT 84015
236-02 800627937 BICE TONY B 926 EAST MAIN PARKWAY NEWARK OH 43055
236-02 800627960 HORN GARY E 115 COOK ROAD SHEFFIELD MA 01257
236-02 800628091 GREEN IVY 1112 LENOX ROAD BROOKLYN NY 11212
236-02 800628331 MAKEPEACE CLAYTON G 665 NORTH OWL DRIVE SARASOTA FL 34236
236-02 800628356 BYERS RICHARD O 8386 US HIGHWAY 12 GLENOMA WA 98336
236-02 800628877 DIAZ PEDRO A 70 VAN BUREN STREET PASSAIC NJ 07055
236-02 800629073 MANNION THOMAS 15 FARMVIEW ROAD PORT WASHINGTON NY 11050
236-02 800629081 HOOD FREDERICK R 4550 BIDDY LANE JACKSONVILLE FL 32210
236-02 800629438 OROZCO JUAN CARLOS 107 MAIN AVENUE WHEATLEY HEIGHTS NY 11798
236-02 800629610 SHIRLEY CAROL M 3484 EAST 3180 NORTH KIMBERLY ID 83341
236-02 800630089 SOOKLAL VISHWA 109-24 DITMARS BOULEVARD EAST ELMHURST NY 11369
236-02 800630360 MCGUINNESS GARY C 441 SCOTT STREET WILKES BARRE PA 18702
236-02 800631467 MAHONEY MATTHEW 253 WEST 22ND STREET HUNTINGTON NY 11743
236-02 800631947 FAKE JONATHAN D 367 NORTH 8TH STREET LEBANON PA 17046
236-02 800631996 FAKE JONATHAN D 9 NORTH THIRD STREET LEBANON PA 17046
236-02 800632077 FAKE JONATHAN D 539 WEIDMAN STREET LEBANON PA 17046
236-02 800632762 TURK MICHAEL 11 HERSCHEL TERRACE MONSEY NY 10952
236-02 800633265 PATNESKY RAYMOND P 473 CECIL HENDERSON ROAD CANONSBURG PA 15317
236-02 800633554 SMALLWOOD C KATHY 1209 1209 1/2 20TH AVE EAS TAMPA FL 33605
236-02 800633620 SCIERKA ANTHONY K 65 SOUTH STREET CROMWELL CT 06416
236-02 800634016 LALANDE PAMELA 1063 HERKIMER STREET BROOKLYN NY 11233
236-02 800634180 MARINO JOSEPH J JR 30 MOUNT HOPE AVENUE OTISVILLE NY 10963
236-02 800634370 SMITH ROBERT W 6101 25TH STREET SOUTH ST PETERSBURG FL 33712
236-02 800634990 AVANT STEPHEN 529 ORCHARD AVENUE YEADON PA 19050
236-02 800635161 KULESZA GINA M 14030 SOUTH ARDMORE COURT PLAINFIELD IL 60544
236-02 800635708 MAXSON RUTH 17500 EAST BROWN CIRCLE AURORA CO 80013
236-02 800635880 LENTZ ROBERT 123 TRAFALGAR DRIVE SHIRLEY NY 11967
236-02 800636342 CHRYSSOVERGI THOMAS 1203 RIVER ROAD UNIT 8A EDGEWATER NJ 07020
236-02 800636474 FLEURISMOND JEAN 25 NORTH COLE AVENUE SPRING VALLEY NY 10977
236-02 800636722 HALE LINDSAY G 1558 EAST 2400 NORTH LAYTON UT 84040
236-02 800637118 MILLER GILBERT K 915 BERNOUDY ROAD WHITE HALL MD 21161
236-02 800637191 THOMPSON YOLANDA 323 E SHARPNACK STREET PHILADELPHIA PA 19119
236-02 800637225 WISSNER JOSH 1109 ELM STREET WILMINGTON DE 19805
236-02 800637605 ESHLEMAN DONALD E 1727 S COLEBROOK ROAD MANHEIM PA 17545
236-02 800637811 STRONG MAREE C 549 39TH AVENUE NORTHEAST ST PETERSBURG FL 33703
236-02 800638140 LEBLANC RONALD M SR 6699 B STREET SPRINGFIELD OR 97478
236-02 800638769 GAMBER MATTHEW S 4166 NANTUCKET DRIVE MECHANICSBURG PA 17055
236-02 800638801 MALONE HERBERT SR 636 S MARKET STREET ELIZABETHTOWN PA 17022
236-02 800639635 LEWIS ANDREW F 206 NORTH CHESTER AVENUE COMPTON CA 90221
236-02 800639932 BROWN JOSEPH 4-8 BALMFORTH AVENUE DANBURY CT 06810
236-02 800640559 ERICKSON MELVYN J 10909 S WOOD STONE CIRCLE SOUTH JORDAN UT 84095
236-02 800641037 BHATIA MAHENDRA R 2927 MOTHER WELL COURT HERNDON VA 20171
236-02 800641300 RUIZ JENNY 3401 2ND STREET WEST LEHIGH ACRES FL 33971
236-02 800641433 SANTOLIQUIDO RICHARD 59 IROQUOIS TRAIL RIDGE NY 11961
236-02 800641987 CRAFT MISHIE 7942 GLENVISTA STREET HOUSTON TX 77061
236-02 800642167 GROVES THOMAS E 4325 W TOPEKA DRIVE GLENDALE AZ 85308
236-02 800642183 BROWN LORI ANN 5635 W COUNTY ROAD 375 N GREENCASTLE IN 46135
236-02 800642423 MCFADDEN LARRY 350 STATE POND RD GASTON SC 29053
236-02 800642704 GREENBERG WALTER 34 SHEFFIELD DRIVE DELMAR NY 12054
236-02 800642761 ONELLO ROBERT 591 65TH STREET WEST NEW YORK NJ 07093
236-02 800642985 MALONEY VANITA 647 ROCKAWAY PARKWAY BROOKLYN NY 11236
236-02 800643082 CARLINO GEORGE J. 11 SUNSET DRIVE SARASOTA FL 34236
236-02 800643116 PEREZ PEDRO 65-67 HAMLIN STREET PROVIDENCE RI 02907
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800621476 52,200.00 52,186.10 05/03/98 04/03/28 358.06 06/03/98 90.0 10.150 463.89
236-02 800621989 148,500.00 148,384.80 12/04/97 11/04/27 353.13 05/04/98 90.0 12.500 1,584.88
236-02 800623191 18,600.00 18,520.13 04/04/98 03/04/13 177.07 06/04/98 79.5 9.400 193.10
236-02 800623530 100,725.00 100,390.35 05/22/98 04/22/18 238.68 06/22/98 85.0 8.600 880.50
236-02 800623845 62,000.00 61,781.99 05/08/98 04/08/28 358.22 06/08/98 37.1 9.750 532.68
236-02 800624579 50,000.00 49,923.85 04/25/98 03/25/13 177.76 06/25/98 76.5 11.650 500.88
236-02 800624785 26,880.00 26,761.08 04/25/98 03/25/08 117.76 05/25/98 89.9 11.700 381.00
236-02 800625121 130,000.00 129,956.60 04/19/98 03/19/13 177.57 06/19/98 65.0 11.150 1,252.78
236-02 800625576 32,000.00 31,846.66 04/23/98 03/23/13 177.70 06/23/98 90.0 11.450 372.80
236-02 800625766 35,000.00 35,000.00 06/01/98 05/01/13 179.00 06/01/98 82.1 10.975 397.26
236-02 800626129 247,500.00 247,500.00 03/13/98 02/13/13 176.45 05/13/98 90.0 11.150 2,385.09
236-02 800626210 176,000.00 176,000.00 05/10/98 04/10/13 178.29 06/10/98 61.7 10.450 1,603.37
236-02 800626434 75,000.00 74,911.10 05/06/98 04/06/18 238.16 06/06/98 38.4 9.850 716.33
236-02 800626509 216,000.00 216,000.00 05/09/98 04/09/28 358.26 05/09/98 90.0 11.500 2,139.03
236-02 800627036 35,000.00 34,943.19 04/10/98 03/10/18 237.27 06/10/98 53.0 13.650 426.36
236-02 800627846 63,400.00 63,400.00 07/01/98 06/01/28 360.00 07/01/98 69.9 9.375 527.33
236-02 800627937 81,000.00 81,000.00 04/25/98 03/25/13 177.76 05/25/98 90.0 11.100 777.51
236-02 800627960 24,250.00 24,206.44 04/16/98 03/16/13 177.47 06/16/98 82.5 13.790 319.54
236-02 800628091 189,000.00 189,000.00 05/15/98 04/15/13 178.45 06/15/98 90.0 11.000 1,799.89
236-02 800628331 242,500.00 242,500.00 04/01/98 03/01/13 177.00 06/01/98 85.0 9.050 1,959.95
236-02 800628356 59,200.00 59,147.11 05/01/98 04/01/28 358.00 07/01/98 80.0 9.750 508.62
236-02 800628877 111,200.00 111,083.09 04/20/98 03/20/13 177.60 06/20/98 80.0 9.000 894.74
236-02 800629073 86,500.00 86,500.00 05/13/98 04/13/18 238.39 06/13/98 89.7 11.450 919.48
236-02 800629081 42,250.00 42,250.00 06/01/98 05/01/28 359.00 06/01/98 65.0 9.600 358.35
236-02 800629438 16,674.00 16,674.00 06/04/98 05/04/13 179.08 06/04/98 89.9 11.150 191.09
236-02 800629610 16,500.00 16,500.00 06/01/98 05/01/13 179.00 06/01/98 84.9 11.600 193.80
236-02 800630089 60,000.00 60,000.00 05/01/98 04/01/13 178.00 06/01/98 70.6 11.750 605.65
236-02 800630360 52,700.00 52,641.05 05/02/98 04/02/28 358.03 06/02/98 85.0 11.250 511.85
236-02 800631467 236,000.00 236,000.00 06/05/98 05/05/28 359.11 06/05/98 80.0 8.900 1,881.95
236-02 800631947 64,000.00 63,532.21 04/05/98 03/05/13 177.11 06/05/98 80.0 9.250 526.51
236-02 800631996 37,200.00 36,856.18 04/20/98 03/20/13 177.60 06/20/98 80.0 9.250 306.04
236-02 800632077 32,395.00 32,095.71 04/20/98 03/20/13 177.60 06/20/98 80.9 9.250 266.51
236-02 800632762 367,200.00 367,200.00 04/02/98 03/02/13 177.01 06/02/98 85.0 11.800 3,720.63
236-02 800633265 110,700.00 110,700.00 05/10/98 04/10/13 178.29 06/10/98 90.0 9.400 922.76
236-02 800633554 31,500.00 31,500.00 06/05/98 05/05/13 179.11 06/05/98 75.0 11.600 369.98
236-02 800633620 36,900.00 36,830.90 05/06/98 04/06/13 178.16 06/06/98 89.9 11.700 435.77
236-02 800634016 128,000.00 127,905.33 04/11/98 03/11/13 177.30 06/11/98 80.0 10.550 1,175.65
236-02 800634180 22,900.00 22,900.00 05/08/98 04/08/13 178.22 05/08/98 85.8 11.850 272.63
236-02 800634370 98,400.00 98,192.57 05/10/98 04/10/28 358.29 06/10/98 77.4 8.650 767.10
236-02 800634990 65,700.00 65,676.89 03/13/98 02/13/13 176.45 05/13/98 90.0 11.450 648.12
236-02 800635161 21,200.00 21,147.21 05/01/98 04/01/13 178.00 06/01/98 84.9 11.850 252.39
236-02 800635708 35,450.00 35,438.76 04/13/98 03/13/13 177.37 06/13/98 79.6 14.250 478.07
236-02 800635880 76,800.00 76,792.45 05/17/98 04/17/13 178.52 06/17/98 80.0 11.950 787.02
236-02 800636342 73,000.00 73,000.00 05/09/98 04/09/28 358.26 06/09/98 85.8 10.000 640.63
236-02 800636474 100,000.00 99,682.90 05/20/98 04/20/13 178.62 06/20/98 71.4 9.400 1,038.20
236-02 800636722 21,000.00 21,000.00 06/01/98 05/01/13 179.00 06/01/98 84.5 12.350 256.78
236-02 800637118 100,000.00 99,805.25 04/27/98 03/27/18 237.83 06/27/98 84.8 12.100 1,108.07
236-02 800637191 52,000.00 52,000.00 05/03/98 04/03/28 358.06 05/03/98 80.0 12.850 569.13
236-02 800637225 48,000.00 47,945.34 03/20/98 02/20/28 356.68 06/20/98 80.0 10.550 440.88
236-02 800637605 33,000.00 32,898.95 04/23/98 03/23/13 177.70 06/23/98 84.0 10.450 363.76
236-02 800637811 70,200.00 70,085.29 05/22/98 04/22/28 358.68 06/22/98 90.0 8.750 552.26
236-02 800638140 58,000.00 57,276.69 05/01/98 04/01/08 118.00 07/01/98 88.7 10.100 769.69
236-02 800638769 22,000.00 22,000.00 04/17/98 03/17/13 177.50 06/17/98 85.9 10.990 209.34
236-02 800638801 32,000.00 31,432.32 04/13/98 03/13/13 177.37 07/13/98 46.2 9.900 341.92
236-02 800639635 18,000.00 17,891.63 05/01/98 04/01/13 178.00 07/01/98 69.3 11.600 211.42
236-02 800639932 148,000.00 148,000.00 05/14/98 04/14/13 178.42 06/14/98 80.0 8.850 1,174.90
236-02 800640559 85,000.00 84,906.91 06/01/98 05/01/13 179.00 07/01/98 76.7 13.350 963.58
236-02 800641037 87,130.00 86,624.27 04/18/98 03/18/13 177.53 06/18/98 85.3 12.400 1,068.23
236-02 800641300 60,750.00 60,683.50 05/20/98 04/20/28 358.62 06/20/98 90.0 10.400 551.17
236-02 800641433 67,500.00 67,424.34 06/01/98 05/01/28 359.00 07/01/98 90.0 9.500 567.58
236-02 800641987 48,600.00 48,600.00 06/01/98 05/01/28 359.00 06/01/98 90.0 10.650 450.02
236-02 800642167 18,900.00 18,900.00 07/01/98 06/01/18 240.00 07/01/98 79.9 12.850 219.41
236-02 800642183 47,300.00 47,171.95 04/23/98 03/23/18 237.70 06/23/98 89.9 10.500 472.23
236-02 800642423 68,040.00 68,040.00 05/28/98 04/28/18 238.88 05/28/98 90.0 10.900 697.68
236-02 800642704 33,000.00 32,952.71 05/21/98 04/21/13 178.65 06/21/98 84.2 8.750 329.82
236-02 800642761 88,500.00 88,500.00 05/28/98 04/28/13 178.88 05/28/98 75.0 10.850 832.79
236-02 800642985 182,025.00 181,438.64 05/01/98 04/01/13 178.00 06/01/98 80.9 9.600 1,543.86
236-02 800643082 103,585.00 103,337.91 04/28/98 03/28/18 237.86 06/28/98 69.9 8.200 879.36
236-02 800643116 82,800.00 82,800.00 05/09/98 04/09/13 178.26 06/09/98 90.0 10.400 751.22
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 6 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800643348 LATELLA DONALD A 680 NORTH PARK AVENUE EASTON CT 06612
236-02 800643355 NORTON MACK JR RTE 3 BOX 124-H MONTICELLO FL 32344
236-02 800644049 KODASH ALLEN 1325 E 7TH STREET #11 LONG BEACH CA 90813
236-02 800644221 BECKER IRVIN L 102 NORTH LAKEWOOD AVENUE BALTIMORE MD 21224
236-02 800644296 REYES PEDRO IV 70-74 SMITH STREET BRIDGEPORT CT 06607
236-02 800644858 BINICK JOSEPH J 2 COUNTRY PLACE LANCASTER NY 14086
236-02 800644965 HARRISON ROSA L 4104 SPIRES AVENUE JACKSONVILLE FL 32209
236-02 800645087 VOGEL ARCHIBAL J 151 KEEN STREET PATERSON NJ 07524
236-02 800645160 BEDARD MARY E 242 SCHOOL STREET PEMBROKE MA 02327
236-02 800645228 KRIEGER DEBORAH L 245 CRESTVUE DRIVE BRIDGEVILLE PA 15017
236-02 800645418 HURN JERALD E 810 RIVER DRIVE SEBRING FL 33872
236-02 800645723 BORNER CARSELL 11875 ENGLESIDE DETROIT MI 48205
236-02 800645954 DIMITRATOS ANNA 17 PECONIC LANE SELDEN NY 11784
236-02 800646127 HOPE MICHAEL LEON 563 EAST 32ND STREET BROOKLYN NY 11210
236-02 800646168 WEINER JOYCE 1 ROSS LANE MT SINAI NY 11766
236-02 800646671 GOODMAN ANGELA A 3117 1ST AVE MYRTLE BEACH SC 29576
236-02 800646895 GRIFFITH MELVIN G 4553 MELISSA LANE MYRTLE BEACH SC 29579
236-02 800647117 WAGNER STEEN E 2997 RICHLAND AVENUE SAN JOSE CA 95125
236-02 800647562 HAMPTON CHARLES 13601 LAMBERT AVE CLEVELAND OH 44120
236-02 800648305 GARLICK RONALD LEE RD #1 BX 169 FALLEN TIMBER POINT MARION PA 15474
236-02 800648354 OSTROSKI ROBERT 20 GAIL DRIVE PLAINS PA 18705
236-02 800648552 BUNCH STEVEN 7400 17TH WAY NORTH ST PETERSBURG FL 33702
236-02 800648974 DELP JAMES E 3533 BUFFALO AVENUE BROOMFIELD CO 80020
236-02 800649154 DENNEY E JEANNE 346 STACEY ROAD CHILLICOTHE OH 45601
236-02 800649204 DUNCAN ARNOLD F 11141 STATE ROUTE 503 SOMERVILLE OH 45064
236-02 800649634 RUBIANO JOSE H 336 CHATTANOOGA DRIVE FT MYERS FL 33905
236-02 800649923 COTTON JANET 221 32 103RD AVENUE QUEENS VILLAGE NY 11429
236-02 800650467 PANTON DOREEN 750 SNEDIKER AVENUE BROOKLYN NY 11210
236-02 800650491 KIMBLE MARY ELLEN 12070 REYBURN DRIVE SPARTA MI 49345
236-02 800651630 SINO FRANCO H 29090 STRATFORD ROAD HAYWARD CA 94544
236-02 800651655 KEARN KEVIN M 1829 EAST KINGS AVENUE PHOENIX AZ 85022
236-02 800651762 COLLEY GEORGE E 12018 HAZEL RIVER ROAD RIXEYVILLE VA 22737
236-02 800651846 DAVIS ERMIE J 395 MORTON BENTON HARBOR MI 49022
236-02 800651952 LANGSDORF DONALD W RR 1 BOX 403 CANADENSIS PA 18325
236-02 800652653 FALCO JAMES 1660 HONEY BEAR LANE DUNEDIN FL 34698
236-02 800652901 WEBB-JACKSON LINDA 70 STRATFORD PARK ROCHESTER NY 14611
236-02 800652935 WILLIAMS HERMAN JR 2906 PINNACLE DRIVE COLORADO SPRINGS CO 80910
236-02 800652968 THORNE JON J 92 WEST SPRINGTOWN ROAD LONG VALLEY NJ 07853
236-02 800653255 TIPTON TIMOTHY S 965 LIBERTY AVENUE OGDEN UT 84404
236-02 800653644 SALINAS EMILIO 2162 BATHGATE AVENUE BRONX NY 10457
236-02 800653735 CANTU IVAN A 7908 BOW COURT FRISCO TX 75034
236-02 800653941 ROMERO NATHAN 1571 SOUTH DALE COURT DENVER CO 80219
236-02 800654279 ALLEN TIMOTHY E 1340 EVERGREEN ROAD HUNTINGTON IN 46750
236-02 800654519 COOL RICHARD W SR 74 RUELA DRIVE NAUGATUCK CT 06770
236-02 800656480 OPARSKI GENEVIEVE J 1527 HARMON COVE TOWERS I SECAUCUS NJ 07094
236-02 800657124 KILIC SELAHATTIN 1611 MADISON AVENUE CINNAMINSON NJ 08077
236-02 800657256 JONES HIAWATHA 600 EAST JAMES STREET MOUNT OLIVE NC 28365
236-02 800657439 HOOD FREDERICK R 4550 BIDDY LANE JACKSONVILLE FL 32210
236-02 800657504 JOOST RONALD E 3 RACHAEL AVENUE MADISON NJ 07940
236-02 800657652 BARNES ALAN A 12110 LUPINE LANE KLAMATH FALLS OR 97603
236-02 800657769 MCGRATH MARY 12142 CAPRI CIRCLE SOUTH TREASURE ISLAND FL 33706
236-02 800658247 MCREE WILLIAM G 1826 67TH STREET INDIANAPOLIS IN 46220
236-02 800658700 BROCK KATHERINE 1583 EVANS DETROIT MI 48209
236-02 800659120 BRAY BRADLEY S 3610 OAK KNOLL ROAD NW SALEM OR 97304
236-02 800659138 GUZMAN ANTHONY 10512 JULIAN STREET WESTMINSTER CO 80030
236-02 800659187 JAMESON BARRY J 2207 MEYERS AVENUE COLORADO SPRINGS CO 80909
236-02 800659534 GENTRY VERNA M 160 HILLSIDE AVENUE WEST GROVE PA 19390
236-02 800660128 HODGES CINDY 4538 DAVID DRIVE BARTOW FL 33830
236-02 800660748 MINEO THOMAS J JR 156 SHOSHONE BUFFALO NY 14214
236-02 800660961 WOOD LULU 178 COTTAGE BOULEVARD HICKSVILLE NY 11801
236-02 800661027 DIROSA ANN M 78 BAYNES STREET BUFFALO NY 14213
236-02 800661258 PASCALE JAMES R 54 WINCHESTER DRIVE MONROE NY 10950
236-02 800661324 ADKINS MERLIN 109 THOMAS STREET GRATIS OH 45330
236-02 800661365 COHEN JOE C JR 4208 RUSSELL ST. LOUIS MO 63110
236-02 800661423 MASON TROY D 2600 MASON HOLLAR ROAD MEBANE NC 27302
236-02 800661571 LAITALA JERRY E 6220 BRAEBURN CIRCLE MINNEAPOLIS MN 55439
236-02 800662280 SMITH JACK T 186 WEST CROSIER STREET AKRON OH 44311
236-02 800662363 NELSON NILS-ERIK 1024 MALLEY DRIVE NORTHGLENN CO 80233
236-02 800662421 HERNANDEZ RHUDY 116 118 CLARENCE STREET PROVIDENCE RI 02909
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800643348 75,000.00 75,000.00 04/17/98 03/17/13 177.50 06/17/98 76.9 14.250 1,011.43
236-02 800643355 57,600.00 57,497.56 05/08/98 04/08/13 178.22 06/08/98 90.0 9.750 610.19
236-02 800644049 44,000.00 43,322.14 06/01/98 05/01/13 179.00 08/01/98 80.0 12.350 464.48
236-02 800644221 49,600.00 49,600.00 05/13/98 04/13/28 358.39 06/13/98 80.0 10.150 440.78
236-02 800644296 65,000.00 64,974.16 04/27/98 03/27/13 177.83 05/27/98 86.6 10.500 594.58
236-02 800644858 72,000.00 71,737.87 05/01/98 04/01/13 178.00 07/01/98 80.0 10.550 661.31
236-02 800644965 37,700.00 37,700.00 04/13/98 03/13/13 177.37 06/13/98 65.0 13.990 446.40
236-02 800645087 103,500.00 103,500.00 03/26/98 02/26/13 176.88 05/26/98 90.0 10.800 970.05
236-02 800645160 25,500.00 25,469.38 05/06/98 04/06/28 358.16 06/06/98 20.9 8.000 187.11
236-02 800645228 28,775.00 28,743.12 04/04/98 03/04/18 237.07 06/04/98 89.4 11.200 300.95
236-02 800645418 25,000.00 24,972.23 05/06/98 04/06/18 238.16 06/06/98 71.4 10.250 245.41
236-02 800645723 59,500.00 59,500.00 05/06/98 04/06/28 358.16 05/06/98 85.0 12.250 623.50
236-02 800645954 153,000.00 152,922.26 05/01/98 04/01/13 178.00 06/01/98 85.0 10.625 1,413.87
236-02 800646127 143,000.00 143,000.00 06/11/98 05/11/13 179.31 06/11/98 81.7 11.000 1,361.82
236-02 800646168 25,000.00 25,000.00 04/18/98 03/18/18 237.53 06/18/98 30.5 11.900 273.53
236-02 800646671 127,925.00 127,879.29 04/27/98 03/27/13 177.83 05/27/98 73.1 10.990 1,217.29
236-02 800646895 52,000.00 52,000.00 05/01/98 04/01/28 358.00 06/01/98 80.0 9.700 444.85
236-02 800647117 34,750.00 34,750.00 05/01/98 04/01/13 178.00 06/01/98 85.2 12.050 358.79
236-02 800647562 44,000.00 43,982.66 05/06/98 04/06/28 358.16 06/06/98 78.5 12.600 473.01
236-02 800648305 61,200.00 60,845.08 05/10/98 04/10/08 118.29 06/10/98 85.0 10.100 812.16
236-02 800648354 158,000.00 157,923.51 05/27/98 04/27/28 358.85 06/27/98 71.8 8.400 1,203.70
236-02 800648552 61,600.00 61,528.18 05/24/98 04/24/18 238.75 06/24/98 80.0 8.750 544.37
236-02 800648974 174,250.00 174,250.00 04/13/98 03/13/28 357.37 06/13/98 85.0 6.000 1,044.72
236-02 800649154 67,400.00 67,400.00 05/01/98 04/01/13 178.00 06/01/98 84.2 9.150 549.61
236-02 800649204 126,000.00 126,000.00 05/01/98 04/01/28 358.00 06/01/98 81.2 8.250 946.60
236-02 800649634 42,400.00 42,400.00 06/01/98 05/01/28 359.00 06/01/98 80.0 11.700 426.37
236-02 800649923 126,400.00 126,400.00 05/01/98 04/01/28 358.00 06/01/98 81.5 9.400 1,053.63
236-02 800650467 165,750.00 165,521.51 03/26/98 02/26/28 356.88 05/26/98 85.0 9.990 1,453.36
236-02 800650491 125,000.00 125,000.00 05/01/98 04/01/13 178.00 06/01/98 54.1 10.700 1,162.16
236-02 800651630 25,100.00 25,100.00 06/01/98 05/01/13 179.00 06/01/98 79.1 10.900 283.71
236-02 800651655 15,357.00 15,306.46 04/03/98 03/03/13 177.04 06/03/98 83.9 12.000 184.31
236-02 800651762 43,000.00 43,000.00 05/02/98 04/02/13 178.03 06/02/98 89.3 10.400 472.66
236-02 800651846 40,000.00 40,000.00 05/13/98 04/13/13 178.39 05/13/98 80.0 12.350 422.25
236-02 800651952 100,300.00 100,136.04 05/08/98 04/08/28 358.22 06/08/98 85.0 8.900 799.83
236-02 800652653 95,000.00 94,706.76 05/10/98 04/10/18 238.29 06/10/98 57.5 8.600 830.45
236-02 800652901 51,000.00 50,830.36 05/08/98 04/08/18 238.22 06/08/98 85.0 11.000 526.42
236-02 800652935 16,980.00 16,980.00 06/01/98 05/01/13 179.00 06/01/98 84.9 12.600 210.39
236-02 800652968 434,700.00 434,100.78 05/01/98 04/01/13 178.00 06/01/98 90.0 9.990 3,811.59
236-02 800653255 10,400.00 10,360.75 06/01/98 05/01/13 179.00 07/01/98 89.9 10.900 117.55
236-02 800653644 30,000.00 30,000.00 05/06/98 04/06/13 178.16 06/06/98 69.4 11.850 305.12
236-02 800653735 233,750.00 232,945.40 04/01/98 03/01/28 357.00 07/01/98 85.0 11.100 2,243.74
236-02 800653941 15,269.00 15,189.29 06/01/98 05/01/13 179.00 07/01/98 90.0 10.650 170.21
236-02 800654279 103,200.00 103,200.00 06/01/98 05/01/18 239.00 06/01/98 79.3 9.100 935.16
236-02 800654519 114,000.00 114,000.00 05/24/98 04/24/28 358.75 05/24/98 80.8 8.650 888.71
236-02 800656480 31,000.00 30,785.00 04/27/98 03/27/13 177.83 06/27/98 85.6 11.800 368.07
236-02 800657124 59,500.00 59,139.40 04/19/98 03/19/13 177.57 06/19/98 85.0 11.450 693.18
236-02 800657256 45,600.00 45,600.00 05/17/98 04/17/28 358.52 05/17/98 80.0 12.600 490.21
236-02 800657439 13,000.00 13,000.00 06/01/98 05/01/18 239.00 06/01/98 85.0 11.600 139.53
236-02 800657504 57,569.00 57,569.00 03/27/98 02/27/13 176.91 05/27/98 79.5 12.550 616.64
236-02 800657652 135,000.00 135,000.00 06/01/98 05/01/18 239.00 06/01/98 90.0 11.400 1,430.39
236-02 800657769 85,000.00 85,000.00 06/01/98 05/01/13 179.00 06/01/98 65.3 8.650 662.63
236-02 800658247 32,000.00 31,972.13 04/24/98 03/24/13 177.73 06/24/98 45.7 9.850 277.28
236-02 800658700 25,600.00 25,543.09 06/01/98 05/01/13 179.00 07/01/98 80.0 13.650 296.25
236-02 800659120 33,000.00 33,000.00 06/01/98 05/01/13 179.00 06/01/98 67.6 10.550 365.81
236-02 800659138 19,050.00 19,014.20 04/23/98 03/23/13 177.70 06/23/98 85.0 12.400 201.84
236-02 800659187 40,250.00 40,090.30 06/01/98 05/01/13 179.00 07/01/98 84.9 9.750 426.39
236-02 800659534 61,500.00 61,468.64 05/06/98 04/06/13 178.16 06/06/98 68.3 10.600 567.17
236-02 800660128 48,000.00 47,875.26 05/07/98 04/07/28 358.19 06/07/98 80.0 8.650 374.19
236-02 800660748 70,300.00 70,289.53 05/03/98 04/03/28 358.06 06/03/98 84.9 11.350 688.14
236-02 800660961 48,000.00 47,731.38 04/17/98 03/17/18 237.50 06/17/98 30.0 10.300 472.80
236-02 800661027 13,360.00 13,360.00 05/15/98 04/15/28 358.45 06/15/98 74.9 11.550 132.81
236-02 800661258 19,800.00 19,755.85 04/04/98 03/04/13 177.07 06/04/98 84.9 10.850 223.18
236-02 800661324 66,400.00 66,279.88 05/01/98 04/01/18 238.00 06/01/98 80.0 7.900 551.27
236-02 800661365 62,300.00 62,285.26 04/12/98 03/12/13 177.34 05/12/98 70.0 12.850 681.87
236-02 800661423 243,750.00 243,601.27 04/05/98 03/05/13 177.11 06/05/98 75.0 11.350 2,385.98
236-02 800661571 191,000.00 190,488.44 04/24/98 03/24/13 177.73 06/24/98 52.9 9.900 2,040.83
236-02 800662280 30,000.00 30,000.00 05/01/98 04/01/13 178.00 06/01/98 76.9 10.200 267.72
236-02 800662363 21,168.00 21,168.00 06/01/98 05/01/13 179.00 06/01/98 84.9 11.600 248.63
236-02 800662421 99,000.00 99,000.00 05/27/98 04/27/13 178.85 05/27/98 90.0 9.990 868.06
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 7 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800662454 STANFIELD GREG J 13819 3RD DRIVE SE EVERETT WA 98208
236-02 800662520 MOSELEY TAYL KIMBERLY 4515 RANCH CIRCLE COLORADO SPRINGS CO 80918
236-02 800662629 ANDERSON NANCY L 31700 7TH AVE SOUTH FEDERAL WAY WA 98003
236-02 800662918 KOVACH RITA DIANNE 327 COTTAGE AVENUE MASONTOWN PA 15461
236-02 800662934 FRAZIER CHARLES L 10203 NIGHTINGALE LANE MIDLAND VA 22728
236-02 800662959 SYGENDA KIM M 599 W 6TH AVENUE PARKSBURG PA 19365
236-02 800663189 WESTOVER WILLIAM C 1143 ENGLEWOOD MUSKEGON MI 49441
236-02 800663536 PAINTER FLOYD A 6229 W GROVER CLEVELAND BL HOMOSASSA FL 34446
236-02 800663692 CROSBY THEODORE 28 FIRST STREET NEW ROCHELLE NY 10801
236-02 800663726 DIKITANAN CONRADO M 17 SEDGE ROAD VALLEY COTTAGE NY 10989
236-02 800663841 BOUTHILLIER BARRY F 58 ROYAL AVENUE WARWICK RI 02886
236-02 800663890 DELGADO JESUS 80 VINEYARD AVENUE YONKERS NY 10703
236-02 800663932 SOUZA KEITH R 5-7 MASSIE AVENUE PROVIDENCE RI 02903
236-02 800664005 OPARNICA CAROL 522 LIMETREE DRIVE OLDSMAR FL 34677
236-02 800664567 ROJEL TOM E 4342 E DOVER STRAV TUCSON AZ 85706
236-02 800664856 OLSON PHYLLIS 131 RALSTON AVENUE KENMORE NY 14217
236-02 800664922 LARSEN DONOVAN 9 STEPHANIE LANE SETAUKET NY 11790
236-02 800665051 VOGEL STEPHEN C 897 BLUEBIRD DRIVE DELRAY BEACH FL 33444
236-02 800665069 MANNING ROBERT A 11888 ALFRED STREET BOISE ID 83713
236-02 800665572 AFRICANO ADELA M 12962 PINEWAY DRIVE LARGO FL 33773
236-02 800665648 FRANKLIN BOS STEPHEN 12841 PLACID ROAD HUDSON FL 34667
236-02 800665960 RIBERA VIRGINIA CANDACE 545 VISTA AVENUE SE SALEM OR 97302
236-02 800666679 HOPPLE WILLIAM D 11647 BEAUCHAMP ROAD #5 BERLIN MD 21811
236-02 800666885 BLOOM ARLENE M 9387 LAKEFRONT ROAD BROOKSVILLE FL 34613
236-02 800667016 LAUFER BRUCE K 5305 AUSABLE LUPTON MI 48635
236-02 800667222 KORY SHANNON K 128 TEABERRY HOUGHTON LAKE MI 48629
236-02 800667370 BROOKS-BRADL WINTRESS 11086 ROSEMARY DETROIT MI 48213
236-02 800667479 TORRES LUIS 12923 SAND POINT COURT FORT MYERS FL 33919
236-02 800667651 PERRY GARY D 5415 CORNELL AVENUE NORTH RIDGEVILLE OH 44039
236-02 800667727 HIGGS DANIEL S 1409 EAST 1400 NORTH LAYTON UT 84040
236-02 800667966 MOAT RICHARD L 4493 SANDPIPER CIRCLE BOULDER CO 80301
236-02 800668253 LEWIS RUSSELL K 1397 SQUIRE LANE CUMMING GA 30041
236-02 800668410 SHORT JAMES M 2305 CORAL POINT DRIVE CAPE CORAL FL 33990
236-02 800668428 DORTCH THOMAS F 503 STRONACH AVENUE GOLDSBORO NC 27530
236-02 800668477 HENRY DAVID T 8747 118TH STREET NORTH SEMINOLE FL 33772
236-02 800668634 LINDSEY JUDITH V 1690 EAST CHERRY LANE FRUIT HEIGHTS UT 84037
236-02 800668675 TIERNEY MICHAEL W JR 112 WEST MAIN STREET NORTON MA 02766
236-02 800668907 HOLDER BRADLEY J 10798 YUKON STREET WESTMINSTER CO 80021
236-02 800668998 BENGTSON DUANE J 32658 LEVER STREET NE CAMBRIDGE MN 55008
236-02 800669129 SZCZECINSKI LINDA 63 VILLA NOVA STREET STATEN ISLAND NY 10314
236-02 800669277 GARCIA MANUEL C 1021 NE IRVINE STREET MCMINNVILLE OR 97128
236-02 800669442 BETTS LARRY J 8801 STEPHENSON ROAD APEX NC 27502
236-02 800669632 HUFF WILFRED E 1915 SIXTH STREET SW CANTON OH 44706
236-02 800669657 COOPER CHRIS E 7000 AUSTHOF WOODS DRIVE ALTO MI 49302
236-02 800669681 MCGHEE LADONNA M 24201 42ND AVE EAST SPANAWAY WA WA 98387
236-02 800669749 MORGAN ELLIS L. 5801 LINDSAY DRIVE RENO NV 89523
236-02 800669913 STEININGER ROBERT 4 TAMARAC LANE STONY POINT NY 10980
236-02 800670051 SOLECKI DENNIS J 1811 SPRING RIDGE LANE LANCASTER PA 17601
236-02 800670119 NOVAK HELEN R 110 MORRIS AVENUE SCRANTON PA 18504
236-02 800670390 COLLINS CATHERINE 1531 S 18TH STREET PHILADELPHIA PA 19146
236-02 800670614 BOND M JEFFREY 158 15TH STREET AVALON NJ 08202
236-02 800670887 CRUMP CHERYL V 11438 KENMORE DETROIT MI 48205
236-02 800670937 STAPLES DENISE 5653 UNDERWOOD DETROIT MI 48204
236-02 800671000 MARTINEZ RAUL M RR 7 BOX 7552 METZGAR ROAD EAST STROUDSBURG PA 18301
236-02 800671083 THUM GEORGE D 14320 BALM-BOYETTE ROAD RIVERVIEW FL 33569
236-02 800671091 RICHMAN MICHAEL 126 LAGOON DRIVE EAST LIDO BEACH NY 11561
236-02 800671471 MARTIN DAVID D 14981 DOWNING ROAD NW CENTERBURG OH 43011
236-02 800671893 DESVIGNES AVALON P 20-22 INKERMAN STREET PROVIDENCE RI 02908
236-02 800672057 HOLLOWAY SCOTT A 18 WOODLAND COURT GREENCASTLE IN 46135
236-02 800672560 SMITH BARBARA S 11817 OLD HILLSBOROUGH AVE SEFFNER FL 33584
236-02 800672776 GLIDIC DANIEL 905 RANCHWOOD DRIVE SHOREWOOD IL 60431
236-02 800672883 MORODOMI JOYCE K 1412 E VALLEY FORGE DR FRESNO CA 93720
236-02 800673626 JONES JEANNE L 401 N MANSFIELD AVENUE MARGATE NJ 08402
236-02 800673675 KNOB EDWARD A 1664 E PLEASANT VALLEY BLV ALTOONA PA 16602
236-02 800673873 SCHULER BRUCE RR #2 BOX 2812 NICHOLSON PA 18446
236-02 800674038 CURRY RUFUS 4553 KING COLE BOULEVARD ORLANDO FL 32811
236-02 800674236 PARK WILHELMINA 1234 DUNMIRE STREET PENSACOLA FL 32504
236-02 800674491 APONTE MARIA 2212 LAFAYETTE AVENUE BRONX NY 10473
236-02 800674632 RICHELIEU GARY L 6723 GEORGIA AVENUE BRADENTON FL 34207
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800662454 160,000.00 160,000.00 05/01/98 04/01/13 178.00 06/01/98 69.2 9.600 1,357.06
236-02 800662520 42,900.00 42,900.00 07/01/98 06/01/13 180.00 07/01/98 90.0 10.650 478.21
236-02 800662629 29,708.00 29,708.00 06/01/98 05/01/13 179.00 06/01/98 84.9 11.600 348.94
236-02 800662918 12,250.00 12,250.00 05/06/98 04/06/18 238.16 06/06/98 85.0 12.100 135.74
236-02 800662934 64,000.00 64,000.00 05/02/98 04/02/13 178.03 06/02/98 74.8 13.100 813.97
236-02 800662959 44,690.00 44,624.90 05/09/98 04/09/18 238.26 06/09/98 84.9 11.100 464.33
236-02 800663189 49,500.00 49,431.12 05/01/98 04/01/28 358.00 07/01/98 75.0 10.000 434.40
236-02 800663536 64,600.00 64,364.40 05/01/98 04/01/28 358.00 07/01/98 85.0 10.500 590.92
236-02 800663692 119,000.00 118,850.10 03/27/98 02/27/28 356.91 05/27/98 89.9 11.050 1,137.76
236-02 800663726 47,400.00 47,264.10 05/14/98 04/14/18 238.42 06/14/98 89.9 9.000 426.47
236-02 800663841 55,920.00 55,920.00 06/01/98 05/01/13 179.00 06/01/98 80.0 11.950 573.05
236-02 800663890 108,000.00 108,000.00 06/22/98 05/22/28 359.67 06/22/98 90.0 10.800 1,012.22
236-02 800663932 76,500.00 76,500.00 04/24/98 03/24/28 357.73 05/24/98 90.0 10.400 694.06
236-02 800664005 12,000.00 11,970.68 05/14/98 04/14/13 178.42 06/14/98 84.1 10.400 131.90
236-02 800664567 15,155.00 15,155.00 06/01/98 05/01/18 239.00 06/01/98 79.0 13.100 178.63
236-02 800664856 87,500.00 87,500.00 04/24/98 03/24/28 357.73 05/24/98 84.9 10.850 823.39
236-02 800664922 31,000.00 31,000.00 05/21/98 04/21/13 178.65 05/21/98 84.9 12.050 373.05
236-02 800665051 12,250.00 12,024.82 04/13/98 03/13/13 177.37 06/13/98 80.0 13.490 158.96
236-02 800665069 18,900.00 18,900.00 06/01/98 05/01/13 179.00 06/01/98 79.9 9.350 195.66
236-02 800665572 13,000.00 12,892.19 05/09/98 04/09/08 118.26 06/09/98 84.4 10.150 172.88
236-02 800665648 33,750.00 33,750.00 04/23/98 03/23/13 177.70 05/23/98 75.0 12.500 415.98
236-02 800665960 127,500.00 127,500.00 06/01/98 05/01/13 179.00 06/01/98 83.8 9.825 1,102.45
236-02 800666679 41,250.00 41,066.62 05/13/98 04/13/13 178.39 06/13/98 73.6 12.350 504.40
236-02 800666885 23,500.00 23,381.37 05/01/98 04/01/13 178.00 06/01/98 58.7 11.200 270.06
236-02 800667016 88,600.00 88,298.51 04/06/98 03/06/18 237.14 06/06/98 89.9 9.150 805.72
236-02 800667222 78,300.00 78,204.05 05/01/98 04/01/28 358.00 07/01/98 90.0 11.450 772.41
236-02 800667370 19,200.00 19,200.00 06/01/98 05/01/28 359.00 06/01/98 51.2 13.000 212.39
236-02 800667479 52,650.00 52,650.00 06/15/98 05/15/28 359.44 06/15/98 90.0 9.650 448.48
236-02 800667651 93,500.00 93,419.27 05/01/98 04/01/13 178.00 07/01/98 85.0 9.900 813.63
236-02 800667727 13,754.00 13,754.00 07/01/98 06/01/13 180.00 07/01/98 90.0 10.900 155.46
236-02 800667966 37,500.00 37,500.00 06/01/98 05/01/13 179.00 06/01/98 80.0 10.350 411.04
236-02 800668253 500,000.00 500,000.00 05/13/98 04/13/28 358.39 06/13/98 78.1 9.600 4,240.80
236-02 800668410 14,600.00 14,557.85 05/06/98 04/06/13 178.16 06/06/98 83.7 11.300 168.71
236-02 800668428 44,100.00 44,051.72 05/20/98 04/20/28 358.62 06/20/98 90.0 10.400 400.11
236-02 800668477 66,400.00 66,307.15 05/24/98 04/24/28 358.75 06/24/98 80.0 8.900 529.50
236-02 800668634 26,500.00 26,485.26 04/01/98 03/01/13 177.00 06/01/98 66.2 12.150 275.65
236-02 800668675 28,000.00 27,780.06 05/01/98 04/01/13 178.00 06/01/98 84.8 11.800 332.45
236-02 800668907 45,778.00 45,778.00 05/01/98 04/01/13 178.00 06/01/98 84.9 11.900 467.36
236-02 800668998 19,700.00 19,700.00 06/06/98 05/06/13 179.15 06/06/98 85.3 12.600 244.09
236-02 800669129 80,000.00 79,979.07 04/11/98 03/11/13 177.30 06/11/98 84.6 12.400 847.60
236-02 800669277 15,700.00 15,700.00 06/01/98 05/01/13 179.00 06/01/98 79.9 10.850 147.74
236-02 800669442 112,500.00 112,500.00 07/01/98 06/01/13 180.00 07/01/98 90.0 9.275 927.55
236-02 800669632 26,400.00 26,216.26 06/01/98 05/01/28 359.00 07/01/98 80.0 9.250 217.19
236-02 800669657 61,500.00 61,473.53 05/08/98 04/08/18 238.22 06/08/98 68.8 9.650 579.30
236-02 800669681 11,750.00 11,750.00 06/01/98 05/01/13 179.00 06/01/98 85.0 11.600 117.26
236-02 800669749 10,605.00 10,605.00 07/01/98 06/01/13 180.00 07/01/98 80.0 12.850 133.13
236-02 800669913 22,000.00 22,000.00 05/06/98 04/06/13 178.16 06/06/98 80.4 11.000 250.05
236-02 800670051 25,000.00 24,919.94 04/11/98 03/11/18 237.30 06/11/98 88.8 11.000 258.05
236-02 800670119 43,200.00 43,061.76 05/08/98 04/08/13 178.22 06/08/98 80.0 8.500 425.41
236-02 800670390 25,000.00 24,933.22 05/28/98 04/28/28 358.88 06/28/98 75.7 11.350 244.72
236-02 800670614 185,000.00 185,000.00 05/24/98 04/24/13 178.75 05/24/98 78.7 9.600 1,569.10
236-02 800670887 50,000.00 49,984.54 04/20/98 03/20/13 177.60 05/20/98 80.0 11.650 500.88
236-02 800670937 20,400.00 20,393.83 04/23/98 03/23/28 357.70 05/23/98 60.0 11.750 205.92
236-02 800671000 50,600.00 50,493.64 05/06/98 04/06/13 178.16 06/06/98 89.4 10.650 564.05
236-02 800671083 37,400.00 37,246.46 04/20/98 03/20/13 177.60 06/20/98 85.0 11.600 439.29
236-02 800671091 58,000.00 58,000.00 04/18/98 03/18/13 177.53 05/18/98 84.9 11.990 695.72
236-02 800671471 120,000.00 119,883.27 05/01/98 04/01/13 178.00 06/01/98 80.0 10.550 1,102.18
236-02 800671893 68,000.00 68,000.00 05/20/98 04/20/13 178.62 05/20/98 78.1 12.100 704.70
236-02 800672057 26,000.00 26,000.00 06/13/98 05/13/18 239.38 06/13/98 70.2 10.750 263.96
236-02 800672560 30,175.00 30,091.13 05/08/98 04/08/08 118.22 06/08/98 85.0 11.350 421.66
236-02 800672776 67,600.00 67,285.55 06/05/98 05/05/13 179.11 07/05/98 84.9 11.850 687.55
236-02 800672883 34,500.00 34,500.00 05/01/98 04/01/13 178.00 06/01/98 85.0 14.000 459.45
236-02 800673626 124,000.00 123,617.85 05/28/98 04/28/18 238.88 06/28/98 63.2 8.850 1,103.73
236-02 800673675 66,210.00 65,886.16 04/26/98 03/26/13 177.80 05/26/98 85.9 10.650 738.05
236-02 800673873 73,000.00 73,000.00 06/11/98 05/11/18 239.31 06/11/98 70.1 8.900 652.11
236-02 800674038 55,200.00 55,200.00 05/09/98 04/09/28 358.26 06/09/98 80.0 12.350 582.71
236-02 800674236 81,250.00 81,250.00 04/18/98 03/18/28 357.53 06/18/98 65.0 10.100 719.04
236-02 800674491 44,861.00 44,861.00 05/03/98 04/03/18 238.06 06/03/98 85.0 12.250 501.80
236-02 800674632 33,200.00 32,955.21 05/03/98 04/03/18 238.06 07/03/98 80.0 12.600 379.54
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 8 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800674939 CHHLANG JOHN KIM 11406 GOLD STATION DRIVE GOLD RIVER CA 95670
236-02 800675092 STEPHAN RUBY JO 252 NORTH CHICAGO STREET SALT LAKE CITY UT 84116
236-02 800675126 DEBELLO JASON A 870 FAIRFAX ROAD DREXEL HILL PA 19026
236-02 800675159 GAUME WILLIAM JOHN 1716 VIRGINIA NE ALBUQUERQUE NM 87110
236-02 800675217 HOUCHIN WILLIAM W. 7520 FOLKS HORTON MI 49246
236-02 800675290 MARESCA SALVATORE JR 145 HAVEN AVENUE STATEN ISLAND NY 10303
236-02 800675472 MARGOLIS HERBERT 17 BEAVERTRAIL CORAM NY 11727
236-02 800675563 AVOLESE JOSEPH S 43 RAINER STREET MELVILLE NY 11747
236-02 800675571 HAYES HALL CHRISTOPHE 5907 CONWAY ROAD BETHESDA MD 20817
236-02 800675720 CHUBAK RICHARD L 5279 SOUTHEAST 31ST STREET OCALA FL 34474
236-02 800676009 ASTORE ROBERT J 1170 SHOREVIEW DRIVE ENGLEWOOD FL 34223
236-02 800676074 BARNHILL CHARLES E 1457 35TH STREET NORTHWEST WINTER HAVEN FL 33881
236-02 800676595 CONDER-DICKE CAROLYN K 7332 S BRANDING IRON ROAD SAFFORD AZ 85546
236-02 800676835 VILLANO ANTHONY 20 JOSHUA COURT HOWELL NJ 07731
236-02 800676934 TROPEA SAMUEL R 1128 MONTGOMERY AVENUE NARBERTH PA 19072
236-02 800676991 JOHNSON MARK 244 MINOR STREET NORRISTOWN PA 19401
236-02 800677429 RHODES SHANNON D 228 JIM PERRY RD LAGRANGE GA 30240
236-02 800677551 WARREN BEN 716 NORTH PEACHTREE RD DUBLIN GA 31027
236-02 800677817 DANDRIA JOSEPH 747 MAIN ROAD AQUEBOGUE NY 11931
236-02 800678211 SMITH LILLIE FORD 1777 WOLLIE ROAD LINCOLNTON NC 28092
236-02 800678328 RADZISZEWSKI JOHN T 1612 FAIRMONT PARKWAY ERIE PA 16510
236-02 800678401 GOLDMAN KENNETH 68 RIDGE ROAD SMITHTOWN NY 11787
236-02 800678419 GREGORY MARY W 5417 LARKHULL DRIVE CHARLOTTE NC 28216
236-02 800678682 SMYERS DARLA 993 RIDGE ROAD MOCKSVILLE NC 27028
236-02 800678708 HEINS DWAYNE E. 13140 BASSWOOD LANE ROGERS MN 55374
236-02 800678872 YANG BEE XIONG 5435 VALLEY FIELD RD SE HICKORY NC 28602
236-02 800679326 PERPETUA MARK A 294 GLASCO TURNPIKE SAUGERTIES NY 12477
236-02 800679334 BRADFORD MATTIE 3315-17 EAST CANFIELD DETROIT MI 48207
236-02 800679375 BOYER DONALD L 6423 REYNOLDS MILL SEVEN VALLEYS PA 17360
236-02 800679805 YUNK ANITA J 1415 4TH STREET SOUTHWEST LARGO FL 33770
236-02 800679946 TRIEGLAFF WILLIAM J 17615 MOUNTAIN CHARLIE RD LOS GATOS CA 95033
236-02 800680621 FORDE HAL W 10 PARK STREET HOLTSVILLE NY 11742
236-02 800680639 ELSTE DOROTHEA CORA 10411 BIRD RIVER ROAD BALTIMORE MD 21220
236-02 800681108 GRIMES E C 5286 DICKERSON DETROIT MI 48213
236-02 800681157 KOSCIELECKI DANIEL W 9166 EAST BURNS RD MERRITT MI 49667
236-02 800681363 LOVELACE DOLORES 1616 NORTH MAIN STREET SOUTH BOSTON VA 24592
236-02 800681454 FLORES DOMINGO M 898 WEST 39TH PLACE HIALEAH FL 33012
236-02 800681470 TABOR DELBERT D 19 WEST DAYTON STREET WEST ALEXANDRIA OH 45381
236-02 800681504 GRINDE FERN K 1123 WETMORE AVENUE EVERETT WA 98201
236-02 800681512 NIELSEN TIMOTHY J 617 BROOKSIDE DRIVE CLEARWATER FL 33764
236-02 800681579 AGEE KAREN JESSIE 603 HARRISON CROSSRD LOOP REIDSVILLE NC 27320
236-02 800681686 LIGHTBOURNE RYAN 14241 129TH AVENUE JAMAICA NY 11436
236-02 800681850 OBERG CHRISTINE 707 HARRISON DRIVE CENTERPORT NY 11721
236-02 800681975 BROWN KATHLEEN N 1038 LIGHTFOOT ROAD WIMAUMA FL 33598
236-02 800682148 RICHELIEU PATRICK M 20 WELCH ROAD MANCHESTER NH 03103
236-02 800682189 GITY MICHAEL R 74 MAGILL STREET PAWTUCKET RI 02860
236-02 800682205 JAINARINE BASDEO 91-16 187TH PLACE HOLLIS NY 11423
236-02 800682312 BURRY ROBERT E 111 HESS BLVD LANCASTER PA 17601
236-02 800682445 LINTON JAMES 3701 WEST HARPER MASON MI 48854
236-02 800682494 ALLEN SHIRLEY F 1513 N STERLING MESA AZ 85207
236-02 800682619 MACAULAY STEVEN 477 VAN BUREN STREET GOUVERNEUR NY 13642
236-02 800682627 BARRINGER ELIZABETH M 823 WEST 28TH STREET INDIANAPOLIS IN 46208
236-02 800682700 DJESEVIC EKAN 105-107 20TH ST SOUTHWEST LARGO FL 33770
236-02 800682767 DIVELY PATRICIA E 1610 REYNOLDS ROAD LAKELAND FL 33801
236-02 800682825 CHALEUNSOUK THONGPANE 5395 180 STREET W FARMINGTON MN 55024
236-02 800683161 FRAAS ARTHUR E JR 1 BRISTOL COURT UNIT #151 DERRY NH 03038
236-02 800683203 FRAAS ARTHUR E JR 1 BRISTOL COURT #171 DERRY NH 03038
236-02 800683237 FRAAS ARTHUR E JR 48 WESTVILLE ROAD #6 PLAISTOW NH 03865
236-02 800683781 RATH CRAIG A 317 N 73RD AVE YAKIMA WA 98908
236-02 800683922 LEMOON DIXIE 1621 MARILYN COURT LOVELAND CO 80537
236-02 800684037 TABAK STEPHEN J RD 2 BOX 413 IRWIN PA 15642
236-02 800684367 FRYE JANET S 2843 WENDOVER ROAD CONCORD NC 28027
236-02 800684474 CROWTHERS NAOMI B 6604 NORTH CLARK AVENUE TAMPA FL 33614
236-02 800684961 BALLOU JOHN L JR 7051 SOUTH 3000 EAST SANDY UT 84121
236-02 800685190 ODAY ALICE 45 CAMBRIA STREET PLYMOUTH PA 18651
236-02 800685240 HAWKINS GERALD B SR 1420 NORTH 13TH STREET LAFAYETTE IN 47904
236-02 800685349 SCHUMACHER ROBERT 32 VISTA DRIVE JAMESPORT NY 11947
236-02 800685422 LEE DONNA 950 DITMAS AVENUE UNIONDALE NY 11553
236-02 800685489 CHIAPPISI JEROME 347 FOREST AVENUE MATAWAN NJ 07747
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800674939 19,000.00 19,000.00 06/01/98 05/01/13 179.00 06/01/98 84.0 12.400 232.94
236-02 800675092 26,825.00 26,683.84 03/25/98 02/25/18 236.84 06/25/98 83.1 12.800 310.46
236-02 800675126 63,180.00 63,038.10 05/01/98 04/01/13 178.00 07/01/98 90.0 10.150 561.47
236-02 800675159 38,000.00 38,000.00 05/02/98 04/02/13 178.03 05/02/98 84.6 11.750 383.58
236-02 800675217 95,500.00 95,500.00 06/26/98 05/26/13 179.80 06/26/98 76.4 8.900 761.55
236-02 800675290 199,750.00 199,750.00 04/12/98 03/12/13 177.34 05/12/98 85.0 9.550 1,686.90
236-02 800675472 15,000.00 14,953.05 05/16/98 04/16/13 178.49 06/16/98 78.1 9.650 157.99
236-02 800675563 190,000.00 188,831.11 04/18/98 03/18/13 177.53 06/18/98 69.0 7.250 1,734.44
236-02 800675571 23,200.00 23,200.00 05/08/98 04/08/13 178.22 06/08/98 79.4 11.350 268.81
236-02 800675720 116,250.00 115,710.61 05/01/98 04/01/13 178.00 07/01/98 75.0 9.600 985.99
236-02 800676009 68,700.00 68,700.00 05/24/98 04/24/18 238.75 05/24/98 76.6 10.100 667.53
236-02 800676074 28,000.00 27,921.51 05/08/98 04/08/13 178.22 06/08/98 80.0 8.750 279.85
236-02 800676595 16,400.00 15,857.37 05/01/98 04/01/18 238.00 08/01/98 87.6 10.400 162.63
236-02 800676835 156,225.00 156,110.00 04/01/98 03/01/28 357.00 06/01/98 79.1 10.875 1,473.03
236-02 800676934 20,000.00 20,000.00 04/23/98 03/23/13 177.70 05/23/98 59.2 12.000 205.73
236-02 800676991 24,050.00 24,050.00 04/23/98 03/23/13 177.70 05/23/98 65.0 11.850 244.61
236-02 800677429 35,000.00 35,000.00 05/03/98 04/03/13 178.06 06/03/98 53.8 10.300 382.56
236-02 800677551 38,250.00 38,250.00 06/01/98 05/01/13 179.00 06/01/98 85.0 10.250 416.91
236-02 800677817 94,800.00 94,745.63 05/07/98 04/07/28 358.19 06/07/98 80.0 9.800 817.96
236-02 800678211 26,300.00 26,176.87 04/27/98 03/27/13 177.83 06/27/98 73.0 10.990 298.76
236-02 800678328 36,550.00 36,509.29 04/17/98 03/17/28 357.50 06/17/98 85.0 8.750 287.54
236-02 800678401 60,750.00 60,526.19 05/13/98 04/13/18 238.39 06/13/98 90.0 10.900 622.93
236-02 800678419 51,300.00 50,859.74 05/08/98 04/08/18 238.22 07/08/98 90.0 9.500 478.18
236-02 800678682 50,400.00 50,400.00 05/20/98 04/20/18 238.62 05/20/98 80.0 10.150 491.39
236-02 800678708 30,000.00 30,000.00 06/26/98 05/26/13 179.80 06/26/98 49.1 10.850 282.30
236-02 800678872 15,538.00 15,473.46 05/28/98 04/28/13 178.88 06/28/98 89.8 10.400 170.79
236-02 800679326 142,500.00 142,390.86 05/08/98 04/08/28 358.22 06/08/98 75.0 11.500 1,411.16
236-02 800679334 25,200.00 25,190.81 04/23/98 03/23/13 177.70 06/23/98 60.0 10.900 238.08
236-02 800679375 69,700.00 69,502.91 05/06/98 04/06/13 178.16 06/06/98 85.0 11.750 825.34
236-02 800679805 63,000.00 63,000.00 06/19/98 05/19/28 359.57 06/19/98 80.7 8.150 468.88
236-02 800679946 60,000.00 60,000.00 07/01/98 06/01/13 180.00 07/01/98 84.8 11.225 581.62
236-02 800680621 27,800.00 27,754.51 05/06/98 04/06/18 238.16 06/06/98 58.1 8.800 246.56
236-02 800680639 35,000.00 35,000.00 05/01/98 04/01/13 178.00 06/01/98 28.2 10.900 330.67
236-02 800681108 53,100.00 53,100.00 05/01/98 04/01/13 178.00 06/01/98 89.8 11.450 523.82
236-02 800681157 105,200.00 104,967.85 05/01/98 04/01/13 178.00 06/01/98 80.0 14.250 1,267.33
236-02 800681363 25,330.00 25,295.04 05/18/98 04/18/28 358.55 06/18/98 85.0 9.650 215.77
236-02 800681454 77,600.00 77,416.39 05/28/98 04/28/28 358.88 06/28/98 80.0 8.900 618.81
236-02 800681470 64,000.00 63,502.29 05/01/98 04/01/13 178.00 07/01/98 80.0 9.100 652.94
236-02 800681504 42,100.00 41,776.47 05/28/98 04/28/13 178.88 06/28/98 79.9 11.850 501.22
236-02 800681512 16,400.00 16,295.35 04/26/98 03/26/13 177.80 06/26/98 79.9 11.350 190.02
236-02 800681579 87,750.00 87,750.00 05/13/98 04/13/13 178.39 05/13/98 89.5 10.400 796.13
236-02 800681686 171,000.00 171,000.00 02/06/98 01/06/28 355.20 06/06/98 90.0 10.250 1,532.33
236-02 800681850 113,800.00 113,537.45 05/14/98 04/14/18 238.42 06/14/98 64.2 9.350 1,049.64
236-02 800681975 93,600.00 93,600.00 05/23/98 04/23/18 238.72 05/23/98 90.0 9.150 851.19
236-02 800682148 63,000.00 63,000.00 05/16/98 04/16/13 178.49 06/16/98 75.0 10.250 564.54
236-02 800682189 71,520.00 71,056.03 05/06/98 04/06/13 178.16 07/06/98 89.7 12.050 738.42
236-02 800682205 18,000.00 17,942.28 05/14/98 04/14/13 178.42 06/14/98 89.7 11.200 206.85
236-02 800682312 30,000.00 29,688.67 04/11/98 03/11/13 177.30 06/11/98 23.4 10.750 336.28
236-02 800682445 84,000.00 84,000.00 05/27/98 04/27/13 178.85 06/27/98 80.0 12.350 886.73
236-02 800682494 85,850.00 85,605.43 06/01/98 05/01/18 239.00 07/01/98 85.0 8.650 753.20
236-02 800682619 45,000.00 45,000.00 06/04/98 05/04/13 179.08 06/04/98 82.5 9.950 482.20
236-02 800682627 36,000.00 35,992.49 05/03/98 04/03/28 358.06 06/03/98 80.0 10.000 315.93
236-02 800682700 107,000.00 106,961.67 05/03/98 04/03/13 178.06 06/03/98 68.1 9.350 888.03
236-02 800682767 26,000.00 25,891.44 05/10/98 04/10/13 178.29 06/10/98 56.5 9.900 277.81
236-02 800682825 27,900.00 27,900.00 07/01/98 06/01/13 180.00 07/01/98 89.9 9.525 291.76
236-02 800683161 29,250.00 29,209.18 04/27/98 03/27/13 177.83 05/27/98 75.0 9.450 244.88
236-02 800683203 28,500.00 28,241.88 04/27/98 03/27/13 177.83 07/27/98 75.0 9.450 238.60
236-02 800683237 36,750.00 36,698.73 04/27/98 03/27/13 177.83 06/27/98 75.0 9.450 307.67
236-02 800683781 37,022.00 37,022.00 06/01/98 05/01/13 179.00 06/01/98 77.8 11.725 372.99
236-02 800683922 50,000.00 50,000.00 05/13/98 04/13/18 238.39 05/13/98 69.4 12.250 559.28
236-02 800684037 30,400.00 30,400.00 05/08/98 04/08/13 178.22 06/08/98 80.0 12.600 326.81
236-02 800684367 77,300.00 77,025.41 05/13/98 04/13/28 358.39 06/13/98 83.1 8.650 602.61
236-02 800684474 33,500.00 33,293.62 04/24/98 03/24/13 177.73 06/24/98 55.8 9.350 346.79
236-02 800684961 90,000.00 89,916.92 06/01/98 05/01/13 179.00 07/01/98 66.6 8.650 701.61
236-02 800685190 34,000.00 33,951.97 05/15/98 04/15/28 358.45 06/15/98 85.0 12.100 352.35
236-02 800685240 45,500.00 45,370.23 05/01/98 04/01/18 238.00 07/01/98 70.0 11.100 472.75
236-02 800685349 86,000.00 86,000.00 05/06/98 04/06/13 178.16 06/06/98 80.2 12.600 1,065.57
236-02 800685422 144,000.00 144,000.00 05/14/98 04/14/28 358.42 05/14/98 90.0 10.250 1,290.39
236-02 800685489 25,000.00 24,949.72 04/23/98 03/23/13 177.70 05/23/98 90.0 11.950 299.24
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 9 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800685562 BEAL MARK NORMAN 8176 PIONEER DRIVE BAKERSFIELD CA 93306
236-02 800685612 SYPNIEWSKI ELAINE F 362 AUBURN STREET CRANSTON RI 02910
236-02 800685760 BONOFFSKI RAYMOND D SR 2368 COUNTY ROUTE 6 VOLNEY NY 13069
236-02 800685786 PRAETORIUS FRANCES M 27 HAUPPAUGE AVENUE HAUPPAUGE NY 11788
236-02 800685976 EAPEN KOLLARAKUZ 2017 NEW HYDE PARK ROAD NEW HYDE PARK NY 11040
236-02 800686040 GONZALEZ LYDIA 504 N FRONT STREET READING PA 19601
236-02 800686222 BUFORD ROSIE 444 CHARLES MUSKEGON MI 49442
236-02 800686719 BOOTH CORDIA E 1640 KEARNEY STREET DENVER CO 80220
236-02 800686792 GOAD ROBERT E 7355 PARKRIDGE DRIVE NEWBURGH IN 47630
236-02 800686818 HANSEN HAROLD G 10077 WOODLAWN PO BOX 157 ST HELEN MI 48656
236-02 800686966 WATKINS RICHARD S 1429 FRONT ST GEORGETOWN SC 29440
236-02 800687253 RISTINE ALBERT W III 29 BELLEMEADE CIRCLE LARGO FL 33770
236-02 800687824 NAM SIN JIN 15206 40TH AVE S TUKWILA WA 98188
236-02 800687873 FREEMAN RONALD C 1341 WEST QUAIL RIDGE ROAD RIVERTON UT 84065
236-02 800688012 PENDERGRAFT DANIEL L 7218 4TH STREET NW ALBUQUERQUE NM 87114
236-02 800688061 CAREY DAVID J 1325 SAND RUN ROAD AKRON OH 44313
236-02 800688277 LUCKADOO WESLEY M 2035 KNICKERBOCKER DRIVE CHARLOTTE NC 28212
236-02 800688293 FALERO PATRICIA 183-31 DALNY ROAD JAMAICA ESTATES NY 11432
236-02 800688319 BEATY JUDY RT 4 BOX 165 STARKE FL 32091
236-02 800688400 RANSOM RAYMOND E 1363 CHANDLER LINCOLN PARK MI 48146
236-02 800688723 PENNINGTON DEBORAH 448-450 NORTH MAIN ST TAYLOR PA 18517
236-02 800688756 VARNER THOMAS W JR RD 1 BOX 218B SELINSGROVE PA 17870
236-02 800688897 NABAVI FREIDOUN 26 WARWICK PLACE PORT WASHINGTON NY 11050
236-02 800689135 BAUNOCH GREGORY A 590 NORTH RANGE ROAD MARYSVILLE MI 48040
236-02 800689366 HOOPER DEBORAH 5511 JOYCE DRIVE CHARLOTTE NC 28215
236-02 800689382 EGEBERG EUGENE III 3228 E BALTIMORE STREET BALTIMORE MD 21224
236-02 800689523 FRANK EDWIN R 468 SNAKE HILL ROAD POESTENKILL NY 12140
236-02 800689580 GILMORE DONALD F 1064 LEMON TREE LANE PALM HARBOR FL 34683
236-02 800689655 THURKOW RICK L 3201 MARION STREET ENGLEWOOD FL 34224
236-02 800689861 MONK LISA R 18 VAN BUREN COURT WESTBURY NY 11590
236-02 800690042 COOPERBERG JANET 76 CANDLE DRIVE LONG POND PA 18610
236-02 800690232 OGI HEIDI K 1532 BEECHWOOD DRIVE MARTINEZ CA 94553
236-02 800690570 KENNEDY ELOISE ANNETTE 5640 SWAYING PALM DRIVE PUNTA GORDA FL 33982
236-02 800690661 FISCHER JOHNNIE J 8430 CASA DEL RIO LANE FORT MYERS FL 33919
236-02 800690836 HARPER GRACE 8125 BRENTWOOD DETROIT MI 48234
236-02 800690844 CSOMOS STEVEN 800 BIRKBECK STREET FREELAND PA 18224
236-02 800690869 HARPER GRACE 8112 BRENTWOOD DETROIT MI 48234
236-02 800690901 HARPER GRACE 8107 BRENTWOOD DETROIT MI 48234
236-02 800690935 TABER LANG RAYHL L 3435 19TH ST NORTH ST PETERSBURG FL 33713
236-02 800691057 JUSTEN CURTIS R 8930 EAST WINTHROP PLACE FISHERS IN 46038
236-02 800691164 BLAIR JAY P 13817 77TH AVE COURT EAST PUYALLUP WA 98373
236-02 800691263 LESAINE KEISHA RT 7 BOX 4HHA MANNING SC 29102
236-02 800691586 MARCUM SCOTT 4805 N MONTANA AVENUE PORTLAND OR 97217
236-02 800691784 BAGDADI ELIZABETH 10083 QUARRY HILL PLACE PARKER CO 80134
236-02 800691974 LITTLE DAVID N 63 HAMILTON DRIVE ABBOTTSTOWN PA 17301
236-02 800692014 DUNCAN CALVIN 7435 RUSKIN ROAD PHILADELPHIA PA 19151
236-02 800692022 SHULTZ CLARK GLORIA DALE 406 G STREET BECKLEY WV 25801
236-02 800692261 GARRETT STANLEY C 8809 COLESBURY DRIVE RALEIGH NC 27615
236-02 800692337 GARNER BILLY K 46 NEUSE BEND ROAD SMITHFIELD NC 27577
236-02 800692519 STRICKLAND CLYDE LARRY 1030 BIZZELL GROVE CHURCH SELMA NC 27576
236-02 800692873 ALLEN LOUISE C 1522 SHIRLEY ROAD HODGES SC 29653
236-02 800693160 MORRELL HAZEL 215 RIVERSIDE DRIVE ENTIAT WA 98811
236-02 800693566 CHAPMAN MARCUS A 1314 HAYS STREET HOMESTEAD PA 15120
236-02 800693723 MATLOCK KIMBERLY C 2108 FAIRFIELD AVE CLOVIS NM 88101
236-02 800693806 KITCHEN RICHARD K 9516 AMARETTA DRIVE TALLAHASSEE FL 32310
236-02 800693913 ESPINAL ARGENTINA 104-30 37 DRIVE CORONA NY 11368
236-02 800693947 THOMPSON DIANE K 1116 ROSADA DR CHARLOTTE NC 28213
236-02 800694663 LIPHART RONALD L 8291 NORTHWEST 166TH ST FANNING SPRINGS FL 32693
236-02 800695165 BELL BRIGNUL KIM 4013 CHATHAM ROAD VALATIE NY 12184
236-02 800695249 CASSONE ANTHONY 23097 MARSH LANDING BOULEV ESTERO FL 33928
236-02 800695298 STEPHANSEN EDWARD K 1135 SADDLEWOOD BOULEVARD LAKELAND FL 33809
236-02 800695322 DUPUIS DORIS R 15 WEBSTER COURT MERRIMACK NH 03054
236-02 800695447 JARVIS GREGORY A 815 DRESDEN ADAMSVILLE ROA DRESDEN OH 43821
236-02 800695504 LIPSEY CHARLES A JR 816 SENECA PARK ROAD BALTIMORE MD 21220
236-02 800695587 HAWLEY CRAIG S 1814 PENNY LANE LITTLE CHUTE WI 54140
236-02 800695603 REDWINE JOHN W 131 EAST LAKE TERRACE ATLANTA GA 30317
236-02 800695801 JANGARD GERALD 2353 WEST BONANZA COURT SOUTH JORDAN UT 84095
236-02 800696098 SOVAN THOMAS J 36 RALPH STREET WILKES-BARRE PA 18702
236-02 800696171 MURRAY THOMAS J JR 1449 S MAIN STREET HANOVER TWP PA 18702
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800685562 62,950.00 62,916.18 06/01/98 05/01/13 179.00 07/01/98 89.9 10.600 580.54
236-02 800685612 40,000.00 39,640.80 04/20/98 03/20/28 357.60 06/20/98 41.6 8.400 304.74
236-02 800685760 44,000.00 44,000.00 04/25/98 03/25/13 177.76 05/25/98 80.0 10.550 487.74
236-02 800685786 163,800.00 163,800.00 05/23/98 04/23/28 358.72 06/23/98 90.0 9.250 1,347.54
236-02 800685976 35,000.00 34,902.34 06/01/98 05/01/18 239.00 07/01/98 89.5 10.650 352.97
236-02 800686040 39,500.00 39,500.00 05/03/98 04/03/28 358.06 06/03/98 84.9 11.500 391.17
236-02 800686222 39,000.00 38,993.65 05/17/98 04/17/28 358.52 06/17/98 65.0 14.490 477.27
236-02 800686719 96,000.00 95,091.81 06/01/98 05/01/13 179.00 08/01/98 70.4 9.400 800.22
236-02 800686792 53,500.00 53,500.00 05/15/98 04/15/13 178.45 06/15/98 74.9 13.100 680.43
236-02 800686818 29,700.00 29,700.00 06/01/98 05/01/18 239.00 06/01/98 84.8 10.200 290.56
236-02 800686966 58,800.00 58,800.00 05/23/98 04/23/28 358.72 05/23/98 69.1 11.100 564.41
236-02 800687253 35,000.00 35,000.00 05/28/98 04/28/13 178.88 05/28/98 52.6 8.000 334.48
236-02 800687824 57,000.00 56,783.38 06/01/98 05/01/13 179.00 07/01/98 83.4 11.600 669.50
236-02 800687873 37,047.00 37,047.00 04/24/98 03/24/18 237.73 05/24/98 79.9 14.000 460.69
236-02 800688012 74,870.00 74,870.00 06/01/98 05/01/18 239.00 06/01/98 84.9 11.850 816.57
236-02 800688061 156,000.00 155,713.02 05/14/98 04/14/18 238.42 06/14/98 80.0 7.750 1,280.68
236-02 800688277 28,000.00 27,949.32 05/27/98 04/27/13 178.85 06/27/98 89.0 10.650 312.12
236-02 800688293 240,000.00 240,000.00 05/01/98 04/01/28 358.00 06/01/98 71.6 7.750 1,719.39
236-02 800688319 26,000.00 25,886.56 06/01/98 05/01/18 239.00 07/01/98 50.9 9.400 240.66
236-02 800688400 72,200.00 72,119.07 05/03/98 04/03/28 358.06 06/03/98 83.9 9.500 607.10
236-02 800688723 72,000.00 71,644.03 05/13/98 04/13/18 238.39 06/13/98 90.0 9.750 682.93
236-02 800688756 81,000.00 80,903.02 05/10/98 04/10/28 358.29 06/10/98 83.5 8.900 645.92
236-02 800688897 32,623.00 32,297.14 04/18/98 03/18/13 177.53 07/18/98 85.0 12.550 349.44
236-02 800689135 92,250.00 92,250.00 05/01/98 04/01/28 358.00 06/01/98 75.0 11.950 945.35
236-02 800689366 38,466.00 38,466.00 05/13/98 04/13/18 238.39 06/13/98 84.9 12.350 432.97
236-02 800689382 47,200.00 47,147.51 05/09/98 04/09/13 178.26 06/09/98 80.0 9.750 405.52
236-02 800689523 45,000.00 45,000.00 06/26/98 05/26/13 179.80 06/26/98 73.6 12.100 542.97
236-02 800689580 81,970.00 81,970.00 05/17/98 04/17/28 358.52 05/17/98 61.6 8.400 624.48
236-02 800689655 75,850.00 75,850.00 05/20/98 04/20/13 178.62 05/20/98 79.8 12.350 800.70
236-02 800689861 161,000.00 160,825.82 01/23/98 12/23/27 354.74 05/23/98 70.0 10.990 1,532.02
236-02 800690042 30,000.00 29,986.90 05/08/98 04/08/13 178.22 06/08/98 45.4 11.750 302.83
236-02 800690232 145,600.00 144,287.48 06/01/98 05/01/28 359.00 07/01/98 80.0 9.000 1,171.53
236-02 800690570 33,750.00 33,653.28 05/27/98 04/27/13 178.85 06/27/98 75.0 9.650 355.49
236-02 800690661 259,000.00 258,566.72 04/25/98 03/25/28 357.76 06/25/98 69.0 7.950 1,891.43
236-02 800690836 20,000.00 19,995.67 05/01/98 04/01/13 178.00 06/01/98 64.5 13.250 225.16
236-02 800690844 71,600.00 71,534.82 04/18/98 03/18/13 177.53 06/18/98 80.0 10.550 657.64
236-02 800690869 32,500.00 32,492.97 05/01/98 04/01/13 178.00 06/01/98 65.0 13.250 365.88
236-02 800690901 24,000.00 23,994.19 05/01/98 04/01/13 178.00 06/01/98 64.8 12.750 260.81
236-02 800690935 29,000.00 28,935.71 05/21/98 04/21/28 358.65 06/21/98 52.7 10.200 258.79
236-02 800691057 142,800.00 142,602.26 06/01/98 05/01/28 359.00 07/01/98 89.9 10.900 1,349.14
236-02 800691164 33,000.00 33,000.00 07/01/98 06/01/13 180.00 07/01/98 89.9 11.150 318.01
236-02 800691263 70,200.00 70,200.00 05/22/98 04/22/18 238.68 05/22/98 90.0 12.450 795.10
236-02 800691586 25,800.00 25,800.00 06/01/98 05/01/18 239.00 06/01/98 79.9 12.650 295.86
236-02 800691784 38,100.00 37,988.98 06/01/98 05/01/13 179.00 07/01/98 84.9 11.100 435.44
236-02 800691974 46,000.00 46,000.00 05/20/98 04/20/08 118.62 05/20/98 89.4 10.650 624.57
236-02 800692014 56,865.00 56,865.00 05/15/98 04/15/28 358.45 06/15/98 85.0 9.650 484.39
236-02 800692022 39,100.00 39,046.58 05/01/98 04/01/13 178.00 08/01/98 85.0 10.150 347.47
236-02 800692261 50,000.00 49,304.83 04/20/98 03/20/13 177.60 07/20/98 85.0 10.800 562.04
236-02 800692337 38,000.00 38,000.00 04/23/98 03/23/08 117.70 05/23/98 58.4 8.950 480.34
236-02 800692519 38,250.00 38,250.00 06/01/98 05/01/13 179.00 06/01/98 85.0 11.250 440.77
236-02 800692873 38,250.00 38,230.54 05/03/98 04/03/28 358.06 07/03/98 85.0 12.100 396.39
236-02 800693160 54,000.00 54,000.00 06/01/98 05/01/28 359.00 06/01/98 72.0 10.900 510.18
236-02 800693566 23,485.00 23,446.86 04/17/98 03/17/28 357.50 06/17/98 80.9 10.450 213.95
236-02 800693723 135,000.00 135,000.00 06/01/98 05/01/28 359.00 06/01/98 90.0 10.500 1,234.90
236-02 800693806 42,300.00 42,300.00 06/04/98 05/04/18 239.08 06/04/98 90.0 10.900 433.74
236-02 800693913 211,500.00 211,500.00 06/13/98 05/13/13 179.38 06/13/98 90.0 10.250 1,895.25
236-02 800693947 59,500.00 59,487.82 05/03/98 04/03/28 358.06 06/03/98 85.0 10.750 555.42
236-02 800694663 30,000.00 29,723.45 04/20/98 03/20/13 177.60 06/20/98 78.9 10.800 337.23
236-02 800695165 90,000.00 89,754.47 06/07/98 05/07/13 179.18 07/07/98 69.2 9.850 779.86
236-02 800695249 34,000.00 34,000.00 07/01/98 06/01/13 180.00 07/01/98 75.0 10.650 314.83
236-02 800695298 43,200.00 43,200.00 06/01/98 05/01/18 239.00 06/01/98 90.0 10.400 428.40
236-02 800695322 46,000.00 45,950.09 04/24/98 03/24/28 357.73 06/24/98 80.0 11.000 438.07
236-02 800695447 60,000.00 59,806.72 05/14/98 04/14/13 178.42 06/14/98 72.2 9.600 508.90
236-02 800695504 55,250.00 55,250.00 05/28/98 04/28/13 178.88 05/28/98 48.8 10.950 626.24
236-02 800695587 41,900.00 41,810.39 05/01/98 04/01/13 178.00 06/01/98 79.9 12.000 502.87
236-02 800695603 64,600.00 64,600.00 05/03/98 04/03/28 358.06 06/03/98 85.0 11.500 639.73
236-02 800695801 242,250.00 242,250.00 06/01/98 05/01/28 359.00 06/01/98 84.7 9.650 2,063.53
236-02 800696098 36,900.00 36,900.00 05/09/98 04/09/28 358.26 05/09/98 90.0 10.650 341.68
236-02 800696171 120,000.00 119,875.62 05/13/98 04/13/13 178.39 06/13/98 75.0 10.350 1,315.34
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 10 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800696197 BENITEZ ANA 1678 HILL FARM ROAD KINSTON NC 28501
236-02 800696338 SAVAGE MICHAEL A 745 CHESTNUT STREET READING PA 19602
236-02 800696379 DENNIS HAROLD E 106 COOPER DRIVE EATONTON GA 31024
236-02 800696445 PARISH RONALD L 1119 STATE ROAD 32 WEST CRAWFORDSVILLE IN 47933
236-02 800696460 GEIST EVAN S 751 WOODSIDE AVENUE MERTZTOWN PA 19539
236-02 800696478 BRIGGS MARILYN 1304 LINCOLN STREET KINSTON NC 28501
236-02 800696544 ORTEGA ZOILA 505 NORTH LAKE SHORE DR 51 CHICAGO IL 60611
236-02 800696569 CASTAING JACQUELINE 144 HUDSON STREET READING PA 19601
236-02 800696890 RINALDI MARK D 26 MANDIA LANE GOLDENS BRIDGE NY 10604
236-02 800697013 ADEOYE SUNDAY 6120 WHEELER STREET PHILADELPHIA PA 19142
236-02 800697088 MACALUSO LEONARD 1111 EAST LAKE DRIVE TARPON SPRINGS FL 34689
236-02 800697161 VANEYNDE BARBARA ANN 8726 126TH AVE NORTHEAST KIRKLAND WA 98033
236-02 800697187 DOVE ALEXANDER 1875 NC 119 NORTH MEBANE NC 27302
236-02 800697450 EVERHART BETTY M 7012 MADONNA PLACE SARASOTA FL 34243
236-02 800697641 CRIDER HARRY G III 11035 WATER OAK DRIVE PORT RICHEY FL 34668
236-02 800697757 BARKER RAY 1006 BARREL STAVE ROAD CLINTON SC 29325
236-02 800697781 TERBUSH RICHARD J 308 FRANKLIN OMER MI 48749
236-02 800697856 HOLBERTON ROBERT M 5104 DARESBY COURT CHARLOTTE NC 28226
236-02 800697864 MEAD CHARLES W 8030 HAVILAND BEACH DR LINDEN MI 48451
236-02 800697948 NEEDHAM JAMES A 5713 WEST 118TH CIRCLE WESTMINSTER CO 80020
236-02 800698169 CARTER JAMES F 12630 STANTON AVENUE TUSTIN CA 92782
236-02 800698334 PIPER RONALD F 9216 RAINBOW LANE PORT RICHEY FL 34668
236-02 800698482 TRICE MARKA 29057 MCDONALD WESTLAND MI 48185
236-02 800698607 HORVATH ALAN C 440 440 1/2 3RD STREET NW BARBERTON OH 44203
236-02 800698714 RAHNE DARLENE S 3415 WEST HAYWARD PLACE DENVER CO 80211
236-02 800698748 TAYLOR REECE E JR 2660 CHUCKWAGON WAY LAKE WALES FL 33853
236-02 800698821 FREEMAN MATTIE MARIE 18897 MAINE DETROIT MI 48234
236-02 800698961 POZARLIK JOSEPH M 47 ROCKWOOD AVENUE ANSONIA CT 06410
236-02 800699027 ZAPPITELLO JEFF 371 NORTH STATE STREET ROOSEVELT UT 84066
236-02 800699225 WISIAN STEPHEN K 9850 WEST VASSAR WAY LAKEWOOD CO 80227
236-02 800699548 SPINO JOHN L 3684 CALUMET STREET PHILADELPHIA PA 19129
236-02 800699597 RITZMAN SCOTT C RD 2 PO BOX 25 KUTZTOWN PA 19530
236-02 800699605 SANTOLI MARK W 31 PATTERSON STREET WAYMART PA 18472
236-02 800699647 WILKERSON EDWARD B 2430 23RD STREET NORTHEAST HICKORY NC 28601
236-02 800699654 MONROE FREDERICK 22 SQUIRREL HILL ROAD HIGHLAND MILLS NY 10930
236-02 800699662 CUMMINGS DAVID LESTER 183 QUITE LANE PEMBROKE NC 28372
236-02 800699985 SMITH GEORGE 12413 WATTERSON CLEVELAND OH 44105
236-02 800700049 BUSH ROBERT R 1923 HERTFORD DRIVE LIBRARY PA 15129
236-02 800700056 MCCARDLE BRIAN HUGH HCR 1 BOX 28 WHITE HAVEN PA 18661
236-02 800700247 BURTON LONNIE A 145 SYCAMORE BEND FAYETTEVILLE GA 30214
236-02 800700346 GAMBINO JOHN 12 HONEYSUCKLE LANE EAST QUOGUE NY 11942
236-02 800700395 MCCLELLON MONA RTE 1 BOX 395 SHANNON NC 28364
236-02 800700452 MARCZYNSKI STEPHANIE L 8067 MUNSON ROAD PORTLAND NY 14769
236-02 800700668 BERKOWITZ MYER T 815 NE 28TH STREET #104 FT LAUDERDALE FL 33334
236-02 800700783 LARSEN ALLEN R 1412 NORTH 220 EAST LEHI UT 84043
236-02 800701054 RUIZ JULIAN JR 1231 RIDGEPOINT ST NE KEIZER OR 97303
236-02 800701096 FERGUSON SHIRL 347 WEST 121 STREET NEW YORK NY 10027
236-02 800701211 BICKERTON JAMES E 514 EAST CEDAR LEASBURG MO 65535
236-02 800701450 RULOFSON KERSTEN 471- 820 DIAMOND CREST ROA SUSANVILLE CA 96130
236-02 800701880 LYNCH ALEJANDRA 5330 BROWARD STREET NAPLES FL 34113
236-02 800702029 LAFORNEY JOSEPH L 5308 AIRPARK LOOP EAST GREEN COVE SPRINGS FL 32043
236-02 800702326 LEAVITT DAVID C 680 SOUTH 400 WEST PAYSON UT 84651
236-02 800702367 STRUB JAMES J 721 JETT ROAD WOODSTOCK GA 30188
236-02 800702425 PASTOREK MICHAEL A 12801 GOBBLER COURT FREDERICKSBURG VA 22407
236-02 800702581 SIMOES NELSON 977 CREEK ROAD EAST BERLIN PA 17316
236-02 800702664 SPINO JOHN L 81 83 MACK STREET PLAINS PA 18705
236-02 800702730 BENNAGE MICHAELA G 29 NORTH CEDAR STREET HAZLETON PA 18201
236-02 800702771 MORRIS DEBRA J 2396 N HENDERSON ROAD DAVISON MI 48423
236-02 800703084 ADAMS ROYAL 1825 SHILOH VALLEY DRIVE WILDWOOD MO 63005
236-02 800703126 BROOKS THOMAS L 14123 57TH AVENUE NORTHWES GIG HARBOR WA 98335
236-02 800703217 AUSTIN LAURA L 245 HIRSCHMANN ROAD BIGLERVILLE PA 17307
236-02 800703258 JENKINS KASIMIR 236 LA CASCATA GLOUCESTER TWP NJ 08021
236-02 800703365 KRAUSE WALTER G 19425 OGDEN ST NORTHWEST ELK RIVER MN 55330
236-02 800703563 SCOTT CATHERINE MARIE 1607 NORTHWEST 80 AVENUE MARGATE FL 33063
236-02 800703662 HERRON LAWRENCE A 4306 CONIFER CT GLEN ARM MD 21057
236-02 800703670 PERKINS VIOLA 223 29 113TH AVENUE QUEENS VILLAGE NY 11429
236-02 800703696 PURCELL PATRICIA L 320 SHAW STREET BRAINTREE MA 02184
236-02 800703712 BATTLE MARTHA 3995 BELL AVENUE BRONX NY 10466
236-02 800703761 GORDON CHRISTOPHE 177 AUTUMN LANE VASS NC 28394
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800696197 49,600.00 49,585.98 05/13/98 04/13/13 178.39 06/13/98 80.0 10.000 435.28
236-02 800696338 26,300.00 26,254.86 05/03/98 04/03/28 358.06 06/03/98 80.9 13.100 292.99
236-02 800696379 20,800.00 20,800.00 06/01/98 05/01/13 179.00 06/01/98 53.3 12.840 260.98
236-02 800696445 22,000.00 21,932.27 05/17/98 04/17/18 238.52 06/17/98 83.5 10.400 218.17
236-02 800696460 56,600.00 56,600.00 06/14/98 05/14/13 179.41 06/14/98 84.7 10.150 502.99
236-02 800696478 30,600.00 30,600.00 05/14/98 04/14/28 358.42 05/14/98 85.0 11.500 303.03
236-02 800696544 136,000.00 135,960.64 05/01/98 04/01/13 178.00 06/01/98 85.0 11.950 1,393.68
236-02 800696569 28,900.00 28,900.00 05/03/98 04/03/28 358.06 06/03/98 85.0 11.500 286.19
236-02 800696890 32,500.00 32,491.00 04/13/98 03/13/13 177.37 05/13/98 75.3 12.150 338.06
236-02 800697013 34,420.00 34,420.00 05/01/98 04/01/28 358.00 06/01/98 80.9 12.850 376.72
236-02 800697088 66,000.00 65,735.50 05/07/98 04/07/13 178.19 06/07/98 79.8 10.100 713.28
236-02 800697161 105,800.00 105,685.54 06/01/98 05/01/13 179.00 07/01/98 79.9 11.350 1,035.64
236-02 800697187 17,900.00 17,900.00 06/11/98 05/11/13 179.31 06/11/98 74.9 11.850 213.11
236-02 800697450 75,500.00 75,316.95 05/06/98 04/06/13 178.16 06/06/98 62.9 8.400 739.06
236-02 800697641 71,200.00 71,198.30 05/08/98 04/08/28 358.22 06/08/98 80.0 8.400 542.43
236-02 800697757 55,200.00 55,200.00 07/01/98 06/01/13 180.00 07/01/98 78.6 10.650 615.32
236-02 800697781 32,000.00 31,614.15 05/22/98 04/22/13 178.68 06/22/98 80.0 10.850 360.70
236-02 800697856 272,000.00 272,000.00 06/11/98 05/11/28 359.31 06/11/98 72.5 11.600 2,714.36
236-02 800697864 76,500.00 76,500.00 05/08/98 04/08/28 358.22 06/08/98 90.0 10.000 671.34
236-02 800697948 11,430.00 11,375.62 05/27/98 04/27/13 178.85 06/27/98 89.9 11.700 134.98
236-02 800698169 351,000.00 351,000.00 06/01/98 05/01/28 359.00 06/01/98 90.0 10.400 3,184.52
236-02 800698334 26,000.00 26,000.00 05/16/98 04/16/13 178.49 06/16/98 80.0 9.000 209.20
236-02 800698482 51,200.00 51,200.00 05/01/98 04/01/28 358.00 06/01/98 80.0 13.750 596.54
236-02 800698607 64,000.00 63,513.69 05/28/98 04/28/28 358.88 06/28/98 80.0 10.000 561.65
236-02 800698714 35,000.00 34,823.45 06/01/98 05/01/13 179.00 07/01/98 58.1 10.600 322.78
236-02 800698748 48,200.00 47,995.44 05/01/98 04/01/18 238.00 07/01/98 89.2 10.000 465.14
236-02 800698821 29,700.00 29,700.00 05/06/98 04/06/28 358.16 06/06/98 84.8 13.000 328.54
236-02 800698961 24,200.00 23,718.76 04/23/98 03/23/13 177.70 07/23/98 89.8 11.900 288.89
236-02 800699027 30,600.00 30,558.38 06/01/98 05/01/28 359.00 07/01/98 85.0 11.450 301.86
236-02 800699225 53,000.00 53,000.00 05/10/98 04/10/13 178.29 06/10/98 84.8 12.150 551.29
236-02 800699548 54,000.00 54,000.00 06/18/98 05/18/28 359.54 06/18/98 90.0 10.650 500.03
236-02 800699597 20,000.00 19,910.11 05/15/98 04/15/08 118.45 06/15/98 34.4 9.100 254.44
236-02 800699605 57,500.00 57,500.00 06/28/98 05/28/28 359.87 06/28/98 78.7 11.850 584.82
236-02 800699647 85,000.00 84,875.92 05/07/98 04/07/13 178.19 06/07/98 85.0 10.750 793.46
236-02 800699654 27,500.00 27,500.00 06/14/98 05/14/13 179.41 06/14/98 84.9 11.750 277.59
236-02 800699662 14,000.00 13,944.87 05/14/98 04/14/08 118.42 06/14/98 71.5 9.900 184.24
236-02 800699985 43,600.00 43,600.00 06/21/98 05/21/13 179.64 06/21/98 79.8 12.200 455.20
236-02 800700049 46,700.00 46,152.53 12/01/97 11/01/12 173.00 06/01/98 89.9 10.500 516.22
236-02 800700056 17,580.00 17,580.00 06/21/98 05/21/13 179.64 06/21/98 58.9 9.850 152.33
236-02 800700247 144,000.00 144,000.00 04/20/98 03/28/28 357.60 05/28/98 80.0 9.350 1,195.10
236-02 800700346 210,000.00 210,000.00 07/02/98 06/02/13 180.03 07/02/98 64.9 10.350 2,301.85
236-02 800700395 63,750.00 63,700.20 03/23/98 02/23/28 356.78 05/23/98 85.0 10.600 587.92
236-02 800700452 36,550.00 36,550.00 06/01/98 05/01/28 359.00 06/01/98 85.0 11.600 364.74
236-02 800700668 31,500.00 31,436.95 04/17/98 03/17/13 177.50 06/17/98 75.0 12.000 378.05
236-02 800700783 27,300.00 27,300.00 06/01/98 05/01/13 179.00 06/01/98 89.9 11.150 263.08
236-02 800701054 24,000.00 24,000.00 06/01/98 05/01/13 179.00 06/01/98 89.7 11.150 275.05
236-02 800701096 185,000.00 184,583.12 04/16/98 03/16/13 177.47 06/16/98 59.6 9.350 1,535.37
236-02 800701211 74,400.00 74,400.00 05/13/98 04/13/13 178.39 05/13/98 80.0 12.600 799.82
236-02 800701450 44,500.00 44,473.54 07/01/98 06/01/28 360.00 09/01/98 85.0 11.475 439.83
236-02 800701880 64,600.00 63,510.94 05/15/98 04/15/28 358.45 07/15/98 85.0 9.950 564.53
236-02 800702029 85,000.00 84,487.70 05/08/98 04/08/28 358.22 07/08/98 72.6 9.100 690.05
236-02 800702326 12,590.00 12,590.00 06/01/98 05/01/13 179.00 06/01/98 79.7 13.850 147.68
236-02 800702367 26,900.00 26,900.00 05/21/98 04/21/18 238.65 05/21/98 85.0 11.850 293.38
236-02 800702425 30,000.00 29,879.09 05/06/98 04/06/13 178.16 07/06/98 84.8 11.350 293.66
236-02 800702581 61,290.00 61,290.00 05/20/98 04/20/28 358.62 06/20/98 90.0 10.500 560.64
236-02 800702664 45,600.00 45,600.00 06/18/98 05/18/28 359.54 06/18/98 80.0 10.150 405.24
236-02 800702730 10,200.00 10,173.42 04/14/98 03/14/28 357.40 06/14/98 85.0 10.450 92.93
236-02 800702771 70,000.00 69,945.05 05/27/98 04/27/13 178.85 06/27/98 58.8 10.850 658.70
236-02 800703084 93,700.00 93,177.19 05/01/98 04/01/18 238.00 07/01/98 79.9 11.750 1,015.44
236-02 800703126 21,340.00 21,302.10 05/01/98 04/01/13 178.00 06/01/98 84.3 13.250 273.52
236-02 800703217 30,000.00 30,000.00 06/04/98 05/04/13 179.08 06/04/98 37.5 9.250 308.76
236-02 800703258 32,000.00 31,987.67 05/28/98 04/28/28 358.88 06/28/98 80.0 12.800 348.99
236-02 800703365 28,600.00 28,473.32 05/01/98 04/01/13 178.00 07/01/98 79.9 14.000 380.88
236-02 800703563 52,500.00 52,397.13 05/23/98 04/23/13 178.72 06/23/98 80.7 9.150 537.18
236-02 800703662 34,500.00 34,376.35 05/10/98 04/10/13 178.29 06/10/98 81.3 10.400 379.23
236-02 800703670 148,500.00 148,500.00 06/19/98 05/19/13 179.57 06/19/98 90.0 10.000 1,303.19
236-02 800703696 34,400.00 34,103.71 06/01/98 05/01/13 179.00 07/01/98 85.0 12.300 361.81
236-02 800703712 227,800.00 227,369.71 05/01/98 04/01/28 358.00 08/01/98 85.9 8.500 1,751.58
236-02 800703761 58,500.00 58,500.00 05/20/98 04/20/18 238.62 06/20/98 90.0 10.900 599.85
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 11 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800703787 FAUSTMANN ARTHUR P 221 HASTINGS ALMA MI 48801
236-02 800703803 HALSTEAD GERALD M 2609 CRESCENT LAKE COURT WINDERMERE FL 34786
236-02 800703829 SCHMIDT LINDA C 610 CENTER AVENUE BLAWNOX PA 15238
236-02 800703845 METTS CURTIS B 2206 LINDEN AVE KINSTON NC 28501
236-02 800703860 HANCOCK RACHEL 117 CONVERSE DR LAPEER MI 48446
236-02 800703936 HOGAN JAMES 2237 EAST 79TH STREET CLEVELAND OH 44103
236-02 800704066 RYAN DAVID C 9-11 SCHULTZ DRIVE NEWFIELD NY 14867
236-02 800704090 REICHER ROBERT G 87 FALL MOUNTAIN LAKE ROAD PLYMOUTH CT 06786
236-02 800704207 BURKE TAMMY-JO 619 TERRACE STREET DUNMORE PA 18512
236-02 800704579 BALABAN JOSEPH E 3905 NORTH EMERSON INDIANAPOLIS IN 46216
236-02 800704587 LOUDERMILK JOHN D 121 CLYDELAN COURT NASHVILLE TN 37205
236-02 800704876 BIONDI KIMBERLY S 7 MIDDLETOWN AVENUE EAST HAMPTON CT 06424
236-02 800704918 COLE JESSE J 12124 N ROUNDHAM LANE N JACKSONVILLE FL 32225
236-02 800704942 FLINGOS EDWARD 3461 MAPLE TERRACE PORT CHARLOTTE FL 33952
236-02 800705006 RAMPERSAUD SUMATI 41 SAINT ANDREWS DRIVE BRENTWOOD NY 11717
236-02 800705394 KOCH GARY B 500 MILL CREEK COURT ROSEVILLE CA 95747
236-02 800705444 SHIELDS GEORGE 894 LOUISA LANE LITHONIA GA 30058
236-02 800705451 STARKEY MICHAEL L SB-58 LAKE CHEROKEE TATUM TX 75691
236-02 800705543 MARALLO GINO R 11907 S HIDDEN BROOK BLVD SANDY UT 84092
236-02 800705683 KASICS GERALD S 606 PLUMMER SCHOOL ROAD WEST NEWTON PA 15089
236-02 800705725 ELLIS THOMAS D 4150 FOX CHASE TERRACE TOBYHANNA PA 18466
236-02 800705758 ZINSMEISTER JOHN W 5303 IDLEWILD STREET NEW PORT RICHEY FL 34653
236-02 800705782 HIOU EVANGELOS 4033 BADEN DRIVE HOLIDAY FL 34691
236-02 800705964 DURHAM MELODY 1061 8TH AVENUE SOUTH ST PETERSBURG FL 33705
236-02 800706004 SOLOMON KEVIN M 120 HAWTHORNE AVENUE PITTSBURGH PA 15229
236-02 800706053 DRONEBURG PAUL A 9304 CABBAGE RUN ROAD FREDERICK MD 21701
236-02 800706434 MANFRO JAMES 56 A LEEDS ATHENS ROAD ATHENS NY 12015
236-02 800706483 ALBRITTON LEXTON H JR 2608 EMERSON AVENUE SEBRING FL 33870
236-02 800706533 ARNOLD CHRISTIAN N 1433 FOURTH ST NE CANTON OH 44704
236-02 800706764 WHITE ROBERT CURTIS 6431 WOODBINE ROAD WOODBINE MD 21797
236-02 800706822 STRZELETZ HENRY RR 1 BOX 363 DALLAS PA 18612
236-02 800706988 LOPEZ ANA 107 CORINTH STREET PROVIDENCE RI 02907
236-02 800707259 MAYFIELD JERRY D 259 LAKE DRIVE #6 LEXINGTON NC 27292
236-02 800707374 GARZA FLUMENCIO JR 7302 SPOKANE STREET YAKIMA WA 98908
236-02 800707408 CURRY ERIC 4122 EAST 143RD CLEVELAND OH 44128
236-02 800707473 WOODS GARY W 842 LOGAN ST PALISADE CO 81526
236-02 800707531 WILLINGHAM LANCE 181 MARILLO AVENUE NORTH FORT MYERS FL 33903
236-02 800707663 DEAN JOHN F 15607 WILLOWDALE ROAD TAMPA FL 33625
236-02 800707762 GUSTIN GREG W 1300 STARLING LANE ELIZABETH CO 80107
236-02 800707812 JACKSON ROSCOE A 16601 WESTMORELAND DETROIT MI 48219
236-02 800707879 SCHEIERN DEBRA J 5942 EAST CALICO LANE INVERNESS FL 34452
236-02 800708000 BRABANT EDWARD C 4131 CHOWEN DRIVE LAKELAND FL 33810
236-02 800708075 MURRAY JOHN H 28 WILLIAMS STREET CENTER MORICHES NY 11934
236-02 800708109 SCHNEIWEISS IVAN 23850 FOREST GREEN PLACE LAND O' LAKES FL 34639
236-02 800708216 BROWN MARY 2721 LAKE MARY STREET TALLAHASSEE FL 32310
236-02 800708273 CONKLIN CHARLES A 118 ENGLISH ROAD SUMMERVILLE SC 29483
236-02 800708349 FRY STEVE 3805 HAMPSHIRE ROAD TOBYHANNA PA 18466
236-02 800708455 DEANGELIS NICHOLAS 49 TROY ROAD EAST HANOVER NJ 07936
236-02 800708653 BALDT GREGORY A 6626 WEST WAGONER RD GLENDALE AZ 85308
236-02 800708661 STEWART JAMES E 420 OCEAN BOULEVARD OLD BRIDGE NJ 07735
236-02 800708703 JOHNSON CHERYL RIDER 137 NEWTON ROAD RALEIGH NC 27615
236-02 800708737 GILLIS MARK A 59 FAIRWOOD DRIVE HANSON MA 02341
236-02 800709206 MILLER JO ANN 920 BEAN AVENUE KILGORE TX 75662
236-02 800709214 MADDEN GRACE 15361 RANCHITO DRIVE PERRIS CA 92570
236-02 800709271 TREJO PASCUAL 126 LUDER STREET KILGORE TX 75662
236-02 800709370 PORTER KATHY 508 CLUBHOUSE DRIVE NEWPORT BEACH CA 92663
236-02 800709446 WALTON DENZIL O. 802 INDIANA AVENUE SHELBYVILLE IN 46176
236-02 800709511 FARRESTER PHYLLIS M 2420 CRESTVIEW COURT LAFAYETTE IN 47905
236-02 800709537 RICHARDSON ROBERT S 414 LINDEN STREET DANA IN 47847
236-02 800709552 PACHECO EDWIN 3328 HULL AVENUE BRONX NY 10467
236-02 800709594 PASCUZZI COSMO P 20 CANVASBACK RIDGE WATERFORD NY 12188
236-02 800709636 DICKSON ALEX 344 OLD POST ROAD TOLLAND CT 06084
236-02 800709743 SEBERT TIMOTHY CONRAD 8913 VICKSBURG ROAD CHARLOTTE NC 28227
236-02 800709917 TAYLOR GREGORY W 817 A HILL STREET MARION NC 28752
236-02 800709925 CHRISTENSEN HAROLD 18658 HIGHWAY 60 EAST LAKE WALES FL 33853
236-02 800710121 WILLIAMS NATISHA 104-52 92ND AVENUE RICHMOND HILL NY 11418
236-02 800710279 RAMOS ARTURO 604 EAST 36TH STREET ODESSA TX 79762
236-02 800710386 DAVIS DWAIN 2947 PONCE DE LEON WAY S ST PETERSBURG FL 33712
236-02 800710402 PUTNEY ANGEL 1211 SANDUSKY STREET PITTSBURGH PA 15212
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800703787 92,000.00 92,000.00 06/11/98 05/11/13 179.31 06/11/98 80.0 10.350 831.26
236-02 800703803 24,000.00 24,000.00 05/01/98 04/01/18 238.00 06/01/98 79.8 14.500 307.20
236-02 800703829 20,000.00 19,675.72 05/10/98 04/10/13 178.29 07/10/98 59.7 14.500 273.10
236-02 800703845 27,000.00 26,869.95 05/01/98 04/01/13 178.00 07/01/98 71.6 12.000 324.05
236-02 800703860 93,600.00 93,600.00 06/01/98 05/01/13 179.00 06/01/98 90.0 9.650 797.30
236-02 800703936 54,400.00 54,378.19 05/06/98 04/06/13 178.16 06/06/98 80.0 12.450 578.48
236-02 800704066 40,600.00 40,517.30 12/01/97 11/01/12 173.00 07/01/98 70.0 11.550 403.61
236-02 800704090 18,239.00 17,831.02 04/25/98 03/25/18 237.76 07/25/98 79.9 11.000 188.26
236-02 800704207 21,600.00 21,600.00 05/13/98 04/13/13 178.39 06/13/98 89.2 10.000 232.11
236-02 800704579 54,750.00 54,750.00 05/02/98 04/02/13 178.03 05/02/98 75.0 11.350 535.93
236-02 800704587 96,000.00 95,886.76 05/20/98 04/20/18 238.62 06/20/98 63.1 11.750 1,040.36
236-02 800704876 23,500.00 23,474.73 04/25/98 03/25/13 177.76 05/25/98 89.7 12.300 286.60
236-02 800704918 80,000.00 79,999.99 05/03/98 04/03/13 178.06 06/03/98 80.0 13.750 932.10
236-02 800704942 41,400.00 41,400.00 05/14/98 04/14/28 358.42 05/14/98 90.0 9.900 360.26
236-02 800705006 63,750.00 63,750.00 06/05/98 05/05/13 179.11 06/05/98 75.0 11.500 631.31
236-02 800705394 39,732.00 39,732.00 05/01/98 04/01/13 178.00 06/01/98 90.0 11.950 407.16
236-02 800705444 15,318.00 15,318.01 05/27/98 04/27/18 238.85 05/27/98 89.9 11.150 159.68
236-02 800705451 108,000.00 107,799.43 06/01/98 05/01/28 359.00 07/01/98 90.0 7.900 784.95
236-02 800705543 212,500.00 212,157.39 03/01/98 02/01/13 176.00 07/01/98 85.0 12.800 2,317.50
236-02 800705683 14,000.00 13,952.76 05/01/98 04/01/13 178.00 06/01/98 80.0 13.350 180.37
236-02 800705725 66,425.00 65,844.28 05/13/98 04/13/13 178.39 07/13/98 79.9 8.650 659.97
236-02 800705758 11,753.00 11,731.12 05/20/98 04/20/13 178.62 06/20/98 85.0 11.750 139.17
236-02 800705782 45,600.00 45,600.00 05/17/98 04/17/18 238.52 06/17/98 89.9 10.650 459.87
236-02 800705964 29,700.00 29,684.97 05/22/98 04/22/28 358.68 06/22/98 90.0 10.650 275.01
236-02 800706004 48,750.00 48,750.00 05/01/98 04/01/28 358.00 06/01/98 65.0 10.850 458.74
236-02 800706053 16,300.00 16,002.14 05/06/98 04/06/13 178.16 08/06/98 90.0 11.700 192.49
236-02 800706434 59,400.00 59,400.00 06/18/98 05/18/18 239.54 06/18/98 84.9 10.600 597.03
236-02 800706483 43,110.00 42,978.44 05/09/98 04/09/13 178.26 06/09/98 90.0 10.150 467.23
236-02 800706533 38,000.00 38,000.00 06/28/98 05/28/28 359.87 06/28/98 74.5 13.350 430.78
236-02 800706764 69,000.00 69,000.00 06/19/98 05/19/18 239.57 06/19/98 46.1 9.600 647.68
236-02 800706822 320,000.00 319,894.99 05/27/98 04/27/13 178.85 06/27/98 66.5 9.600 2,714.11
236-02 800706988 55,800.00 55,800.00 06/01/98 05/01/13 179.00 06/01/98 84.5 10.650 516.69
236-02 800707259 57,800.00 57,800.00 05/01/98 04/01/18 238.00 06/01/98 83.7 12.550 658.73
236-02 800707374 20,000.00 20,000.00 06/01/98 05/01/13 179.00 06/01/98 88.1 10.750 224.19
236-02 800707408 38,700.00 38,700.00 05/24/98 04/24/13 178.75 06/24/98 90.0 10.650 358.35
236-02 800707473 34,000.00 34,000.00 06/01/98 05/01/18 239.00 06/01/98 85.8 11.150 354.42
236-02 800707531 45,000.00 45,000.00 05/24/98 04/24/28 358.75 06/24/98 90.0 10.400 408.27
236-02 800707663 19,000.00 18,993.55 05/20/98 04/20/13 178.62 06/20/98 63.3 11.500 221.96
236-02 800707762 44,000.00 44,000.00 06/01/98 05/01/13 179.00 06/01/98 84.9 11.350 509.82
236-02 800707812 152,000.00 152,000.00 05/01/98 04/01/28 358.00 06/01/98 80.0 8.750 1,195.79
236-02 800707879 70,200.00 70,200.00 06/06/98 05/06/13 179.15 06/06/98 85.6 9.750 603.13
236-02 800708000 52,200.00 52,187.48 05/13/98 04/13/28 358.39 06/13/98 90.0 10.400 473.60
236-02 800708075 25,000.00 25,000.00 06/27/98 05/27/13 179.84 06/27/98 77.9 12.950 275.57
236-02 800708109 21,500.00 21,438.09 05/13/98 04/13/13 178.39 06/13/98 83.9 11.350 249.11
236-02 800708216 42,000.00 42,000.00 05/01/98 04/01/28 358.00 06/01/98 70.0 12.250 440.12
236-02 800708273 51,000.00 50,838.07 05/06/98 04/06/28 358.16 07/06/98 85.0 12.300 536.40
236-02 800708349 93,000.00 93,000.00 05/27/98 04/27/28 358.85 05/27/98 68.8 8.650 725.00
236-02 800708455 20,000.00 19,999.24 05/01/98 04/01/13 178.00 06/01/98 76.0 13.500 259.66
236-02 800708653 34,200.00 34,200.00 06/01/98 05/01/13 179.00 06/01/98 78.5 13.350 387.70
236-02 800708661 58,000.00 58,000.00 06/01/98 05/01/13 179.00 06/01/98 43.2 10.950 550.16
236-02 800708703 10,224.00 10,224.00 07/01/98 06/01/13 180.00 07/01/98 75.0 10.975 116.05
236-02 800708737 17,400.00 17,400.00 06/13/98 05/13/18 239.38 06/13/98 79.9 13.350 208.21
236-02 800709206 33,300.00 33,300.00 06/01/98 05/01/28 359.00 06/01/98 90.0 9.900 289.77
236-02 800709214 53,755.00 53,755.00 06/01/98 05/01/18 239.00 06/01/98 90.0 10.650 542.11
236-02 800709271 24,225.00 24,197.98 06/01/98 05/01/28 359.00 07/01/98 85.0 9.650 206.35
236-02 800709370 54,035.00 53,883.46 06/01/98 05/01/18 239.00 07/01/98 75.0 9.850 516.09
236-02 800709446 27,000.00 27,000.00 06/20/98 05/20/28 359.61 06/20/98 69.2 9.400 225.06
236-02 800709511 45,500.00 45,042.07 05/22/98 04/22/13 178.68 06/22/98 60.6 10.500 502.96
236-02 800709537 24,000.00 24,000.00 05/21/98 04/21/13 178.65 05/21/98 75.0 11.350 278.08
236-02 800709552 154,800.00 154,800.00 06/20/98 05/20/13 179.61 06/20/98 90.0 9.750 1,329.97
236-02 800709594 25,000.00 24,881.50 05/08/98 04/08/13 178.22 06/08/98 89.5 11.150 286.51
236-02 800709636 82,300.00 82,299.04 05/01/98 04/01/18 238.00 06/01/98 64.6 12.500 935.04
236-02 800709743 23,200.00 22,992.41 05/14/98 04/14/13 178.42 07/14/98 85.3 11.750 274.72
236-02 800709917 34,000.00 34,000.00 06/01/98 05/01/13 179.00 06/01/98 85.0 11.750 402.60
236-02 800709925 24,500.00 24,500.00 06/01/98 05/01/13 179.00 06/01/98 52.1 10.450 270.06
236-02 800710121 136,000.00 135,647.52 05/13/98 04/13/13 178.39 06/13/98 85.0 11.000 1,295.16
236-02 800710279 22,500.00 22,500.00 07/01/98 06/01/13 180.00 07/01/98 90.0 10.650 250.81
236-02 800710386 68,765.00 68,765.00 05/15/98 04/15/28 358.45 06/15/98 85.0 11.500 680.97
236-02 800710402 25,500.00 25,480.26 05/06/98 04/06/13 178.16 06/06/98 85.0 11.250 247.67
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 12 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800710782 RISPOLI PATRICIA A 606 HARVEST DRIVE STROUDSBURG PA 18360
236-02 800710865 GETHING JAMES W SR 221 HAND STREET JESSUP PA 18434
236-02 800711210 GRAHAM TODD A 604 MIMOSA DRIVE ORANGEBURG SC 29115
236-02 800711384 GUTIERREZ LUIS 3553 BLUE BANKS LOOP ROAD LELAND NC 28451
236-02 800711392 CORBIN KELVIN 256 15TH STREET BROOKLYN NY 11201
236-02 800711459 DEPRIEST STUART A III 98 MAPLE STREET LYNN MA 01904
236-02 800711830 THORNTON WILLIAM M 302 WEST MASONIC VIEW AVE ALEXANDRIA VA 22301
236-02 800711855 HILL LEE I 4312 BYERS STREET CAPITAL HEIGHTS MD 20743
236-02 800711947 BRADSHAW HAZELYN 2852 SHELLBARK ROAD DECATUR GA 30035
236-02 800712028 MANGUM DOUGLAS SR 1229 NORTH MIAMI BOULEVARD DURHAM NC 27703
236-02 800712150 READ GERALD W 2543 N 40TH STREET PHOENIX AZ 85008
236-02 800712192 CASSUBE CHARLES W 1792 HUMMINGBIRD DRIVE COSTA MESA CA 92626
236-02 800712275 CINQUE FRANK A 19011 TOAD HOLLOW LANE BROOKSVILLE FL 34609
236-02 800712309 VIERLING DAVID D 837 42ND AVENUE NORTH ST PETERSBURG FL 33703
236-02 800712382 GARVIN MICHAEL ANTHONY 6200 TULIP DRIVE WESLEY CHAPEL FL 33544
236-02 800712424 BRUNSWICK JAMES 11155 EAST SALMON DRIVE FLORAL CITY FL 34436
236-02 800712465 CLARK HERBERT 7384 TARRYTOWN DRIVE SPRING HILL FL 34606
236-02 800712507 GRIGGS TERRI A 27083 RICHBARN ROAD BROOKSVILLE FL 34601
236-02 800712523 RUSCH KENNETH D 7656 SOUTH INGALLS LITTLETON CO 80128
236-02 800712580 JOUNG CHANG ANNA YUN 64-49 ELWELL CRESCENT REGO PARK NY 11374
236-02 800712606 ECKERFIELD WILLIAM C 1914 EAST KEYSVILLE ROAD LITHIA FL 33547
236-02 800712648 SHI TERRY S 5125 VILLA NOVA ROAD KISSIMMEE FL 34746
236-02 800712820 DEAL CHUN 52 VIOLET COURT TOMS RIVER NJ 08753
236-02 800712903 EVANS GLEN M 1666 KEVIN DRIVE SAN JOSE CA 95124
236-02 800713059 READ DANIEL K 466 TREASURE LAKE DUBOIS PA 15801
236-02 800713067 FITCH EUGENE 129 SOUTH KEYSER AVE SCRANTON PA 18504
236-02 800713265 NASTASI WILLIAM F 7915 BRACKEN DRIVE PORT RICHEY FL 34668
236-02 800713307 SOLARIN OLUFUMMILA 3612 NORTH 52ND STREET TAMPA FL 33619
236-02 800713372 SALERMO GEORGE F 6014 WEST PARIS STREET TAMPA FL 33634
236-02 800713380 WITFOTH JASON J 9902 FERN STREET NEW PORT RICHEY FL 34654
236-02 800713646 RAEBER RANDOLPH L 117 B LIVE OAK DRIVE WRIGHTSVILLE BEACH NC 28480
236-02 800713703 MAYOL JAVIER 1346 MINERAL SPRING ROAD READING PA 19602
236-02 800713950 HERTZOG JOSEPH P JR RD 1 BOX 129E FREDERICKSBURG PA 17026
236-02 800714040 EDWARDS ERMINE 19 PRESTON COURT BROOKLYN NY 11234
236-02 800714248 GRAHAM THELMA R 112 N WALDEN AVE FITZGERALD GA 31750
236-02 800714305 MILLER DAVID A 6029 3RD AVENUE NORTHWEST SEATTLE WA 98107
236-02 800714719 GONZALEZ-ROE JULIO 2910 NORTH SHOREVIEW PLACE TAMPA FL 33602
236-02 800714826 FAUNTLEROY THOMAS 307 SEVENTH AVENUE ASBURY PARK NJ 07712
236-02 800714834 CURTIS GARRY 11755 WELD COUNTY ROAD 15 LONGMONT CO 80504
236-02 800714891 BOYER DENNIS W 143 SHELDON AVE CLIO MI 48420
236-02 800715120 BELL CASANDRA A 325 LAKESIDE DRIVE MOUNT PLEASANT SC 29464
236-02 800715724 TRESVANT LOTTIE B 4112 107TH PLACE NE KIRKLAND WA 98033
236-02 800715765 WASHINGTON GEORGIA 184 WELLESLEY STREET HEMPSTEAD NY 11550
236-02 800715930 STATHAKIS LARRY 85-35 56TH AVENUE ELMHURST NY 11412
236-02 800715989 GARCIA NORMA IRIS 25 NOTTINGHILL DRIVE MASSAPEQUA NY 11758
236-02 800716144 HENRY DIANA W 132 MOTOR ROAD WINSTON SALEN NC 27105
236-02 800716201 BURGER ROBERT 3600 MAGNOLIA DRIVE NORTHAMPTON PA 18067
236-02 800716235 ALLEN JOSEPH M RR 2 BOX 37 ULSTER PA 18850
236-02 800716417 COX TRACY 1357 OLD KING BRIDGE RD NICHOLSON GA 30565
236-02 800716656 STEMBRIDGE ROBERT F 318 CHESNEY BOULEVARD FROSTPROOF FL 33843
236-02 800716722 JOHNSON HENRY 20911 LIBBY ROAD MAPLE HTS OH 44137
236-02 800716821 MOORE JOSEPH W 238 EAST YORK STREET BIGLERVILLE PA 17307
236-02 800717019 PRICE DUNYA M 1799 RUGBY AVENUE COLLEGE PARK GA 30337
236-02 800717050 SAVAGE KEVIN M 2855 SOUTH URSULA COURT AURORA CO 80014
236-02 800717126 DONDERO RAYMOND 39 SMALLWOOD AVENUE BELLEVILLE NJ 07109
236-02 800717647 PETERSEN ROGER E 3850 EAST PROSPECT ROAD YORK PA 17402
236-02 800717829 ADKINS MERLIN 105 THOMAS STREET GRATIS OH 45330
236-02 800718058 ALMENAS SUSAN 839 WEBSTER AVENUE NORTHWE PORT CHARLOTTE FL 33948
236-02 800718074 CONROY EDWARD P 2675 NW 144TH AVENUE BEAVERTON OR 97006
236-02 800718157 JOSEPHS VALERIE 145-54 221ST STREET SPRINGFIELD GARDENS NY 11413
236-02 800718173 BRYSON CIPRIAN 2779 POND PLACE BRONX NY 10458
236-02 800718199 GUIDA ROBERT 19 NORTH HOLLOW DRIVE EAST HAMPTON NY 11937
236-02 800718512 THARPE JAMES RONALD 2241 TAYLOR ROAD COTTONDALE FL 32431
236-02 800718652 LOEWENTHAL ALLAN S 50 SOUTH RHODA STREET SPOTSWOOD NJ 08884
236-02 800718926 CADIEUX LUCINE L 94 DICKENS STREET PAWTUCKET RI 02861
236-02 800719031 WATSON RUBY M 3012 BETHUNE AVENUE MACON GA 31211
236-02 800719262 PATEL SHASHIN 11504 76TH PL NE KIRKLAND WA 98034
236-02 800719338 RINE JOHN O RD 2 BOX 289B MOUNDSVILLE WV 26041
236-02 800719577 SMITH YVONNE M 3D 3 BOX 20 DALTON PA 18414
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800710782 18,000.00 18,000.00 06/04/98 05/04/13 179.08 06/04/98 71.7 11.850 214.30
236-02 800710865 20,000.00 20,000.00 05/14/98 04/14/18 238.42 05/14/98 79.3 13.350 239.32
236-02 800711210 52,200.00 52,200.00 05/22/98 04/22/28 358.68 05/22/98 90.0 10.250 467.76
236-02 800711384 48,750.00 48,499.54 05/01/98 04/01/13 178.00 07/01/98 75.0 10.650 543.42
236-02 800711392 192,000.00 192,000.00 04/20/98 03/20/28 357.60 05/20/98 80.0 10.350 1,734.80
236-02 800711459 93,045.00 93,014.60 04/24/98 03/24/28 357.73 06/24/98 80.0 11.400 914.33
236-02 800711830 68,650.00 68,650.00 05/24/98 04/24/13 178.75 05/24/98 83.8 12.650 852.84
236-02 800711855 62,000.00 62,000.00 06/28/98 05/28/23 299.87 06/28/98 49.7 8.850 513.95
236-02 800711947 45,000.00 44,995.74 05/20/98 04/20/28 358.62 06/20/98 75.0 9.400 375.11
236-02 800712028 63,750.00 63,750.00 05/22/98 04/22/13 178.68 05/22/98 75.0 10.250 694.84
236-02 800712150 22,800.00 22,800.00 07/01/98 06/01/13 180.00 07/01/98 32.5 10.700 254.87
236-02 800712192 11,000.00 11,000.00 06/01/98 05/01/18 239.00 06/01/98 68.3 9.950 105.79
236-02 800712275 38,000.00 38,000.00 05/13/98 04/13/13 178.39 06/13/98 70.0 11.100 364.76
236-02 800712309 14,200.00 14,200.00 06/01/98 05/01/08 119.00 06/01/98 79.9 11.600 200.46
236-02 800712382 34,500.00 34,160.06 05/01/98 04/01/13 178.00 07/01/98 75.0 12.100 416.28
236-02 800712424 38,400.00 38,238.12 05/22/98 04/22/18 238.68 06/22/98 80.0 8.150 324.79
236-02 800712465 53,100.00 53,100.00 06/18/98 05/18/28 359.54 06/18/98 90.0 9.900 462.07
236-02 800712507 50,960.00 50,667.48 05/01/98 04/01/13 178.00 07/01/98 80.2 9.700 538.30
236-02 800712523 64,852.00 64,852.00 06/01/98 05/01/13 179.00 06/01/98 84.7 11.350 751.42
236-02 800712580 47,500.00 47,500.00 05/08/98 04/08/08 118.22 06/08/98 84.8 12.650 699.45
236-02 800712606 46,100.00 45,788.82 05/06/98 04/06/18 238.16 07/06/98 79.9 11.850 502.79
236-02 800712648 29,250.00 29,250.00 06/13/98 05/13/08 119.38 06/13/98 65.0 11.500 411.24
236-02 800712820 21,000.00 20,949.94 05/20/98 04/20/13 178.62 06/20/98 79.8 10.700 234.74
236-02 800712903 61,900.00 61,900.00 06/01/98 05/01/13 179.00 06/01/98 89.5 10.650 573.18
236-02 800713059 33,160.00 33,141.00 05/03/98 04/03/18 238.06 06/03/98 89.9 10.150 323.30
236-02 800713067 36,000.00 35,957.38 05/13/98 04/13/28 358.39 06/13/98 76.5 8.250 270.46
236-02 800713265 45,000.00 44,914.33 05/03/98 04/03/18 238.06 06/03/98 90.0 9.400 416.52
236-02 800713307 36,800.00 36,800.00 05/06/98 04/06/13 178.16 06/06/98 80.0 9.750 316.17
236-02 800713372 62,100.00 62,100.00 05/13/98 04/13/28 358.39 06/13/98 88.7 9.650 528.98
236-02 800713380 40,500.00 40,459.65 05/03/98 04/03/18 238.06 06/03/98 90.0 10.900 415.28
236-02 800713646 220,500.00 220,500.00 05/03/98 04/03/13 178.06 06/03/98 70.0 10.200 1,967.71
236-02 800713703 47,900.00 47,900.00 05/23/98 04/23/28 358.72 05/23/98 79.9 13.100 533.62
236-02 800713950 63,050.00 63,050.00 05/06/98 04/06/28 358.16 06/06/98 65.0 13.340 714.25
236-02 800714040 112,500.00 112,453.94 04/25/98 03/25/13 177.76 06/25/98 90.0 10.750 1,050.17
236-02 800714248 22,500.00 22,463.73 05/06/98 04/06/13 178.16 06/06/98 90.0 11.450 262.13
236-02 800714305 197,625.00 197,625.00 06/01/98 05/01/28 359.00 06/01/98 85.0 12.000 2,032.80
236-02 800714719 303,225.00 303,225.00 05/06/98 04/06/28 358.16 06/06/98 77.7 8.000 2,224.96
236-02 800714826 112,700.00 112,700.00 04/26/98 03/26/13 177.80 05/26/98 70.0 12.300 1,374.42
236-02 800714834 50,950.00 50,866.10 05/01/98 04/01/13 178.00 06/01/98 70.5 10.200 553.76
236-02 800714891 14,000.00 13,972.48 06/01/98 05/01/13 179.00 07/01/98 88.8 10.650 129.64
236-02 800715120 15,000.00 15,000.00 05/01/98 04/01/13 178.00 06/01/98 83.3 11.400 174.28
236-02 800715724 70,000.00 70,000.00 07/01/98 06/01/13 180.00 07/01/98 58.5 9.850 606.56
236-02 800715765 100,000.00 99,837.30 05/06/98 04/06/18 238.16 06/06/98 68.9 8.850 890.10
236-02 800715930 123,600.00 123,332.15 04/26/98 03/26/13 177.80 06/26/98 84.9 12.500 1,319.13
236-02 800715989 72,000.00 71,960.52 05/15/98 04/15/13 178.45 06/15/98 30.0 10.100 637.18
236-02 800716144 50,000.00 50,000.00 05/13/98 04/13/28 358.39 06/13/98 52.3 11.100 479.94
236-02 800716201 115,000.00 114,674.73 06/01/98 05/01/13 179.00 07/01/98 62.1 9.850 1,225.26
236-02 800716235 54,000.00 53,833.57 05/20/98 04/20/18 238.62 06/20/98 90.0 10.650 544.58
236-02 800716417 30,096.00 30,077.59 05/07/98 04/07/13 178.19 06/07/98 66.1 12.750 375.85
236-02 800716656 34,400.00 34,372.15 01/08/98 12/08/27 354.25 06/08/98 80.0 12.800 375.16
236-02 800716722 70,400.00 70,300.56 05/23/98 04/23/28 358.72 06/23/98 80.0 9.900 612.61
236-02 800716821 26,500.00 26,400.89 05/13/98 04/13/13 178.39 06/13/98 79.6 13.350 341.42
236-02 800717019 100,000.00 100,000.00 06/22/98 05/22/13 179.67 06/22/98 80.0 9.750 859.15
236-02 800717050 38,300.00 38,300.00 06/01/98 05/01/13 179.00 06/01/98 78.0 9.400 319.26
236-02 800717126 17,500.00 17,294.58 05/20/98 04/20/13 178.62 07/20/98 89.9 11.500 204.43
236-02 800717647 99,000.00 99,000.00 06/04/98 05/04/13 179.08 06/04/98 90.0 9.200 810.86
236-02 800717829 62,400.00 62,299.04 05/01/98 04/01/18 238.00 06/01/98 80.0 8.900 557.42
236-02 800718058 51,200.00 51,200.00 06/28/98 05/28/28 359.87 06/28/98 80.0 10.000 449.32
236-02 800718074 64,800.00 64,771.53 05/01/98 04/01/13 178.00 06/01/98 88.5 11.700 651.62
236-02 800718157 101,500.00 101,114.28 04/25/98 03/25/13 177.76 06/25/98 70.0 11.850 1,032.34
236-02 800718173 189,000.00 188,854.94 05/16/98 04/16/13 178.49 06/16/98 90.0 11.450 1,864.44
236-02 800718199 70,900.00 70,842.48 02/23/98 01/23/13 175.76 05/23/98 84.9 12.300 745.70
236-02 800718512 58,850.00 58,681.59 05/13/98 04/13/18 238.39 06/13/98 78.9 8.400 507.00
236-02 800718652 41,000.00 40,950.89 05/01/98 04/01/13 178.00 06/01/98 69.5 11.150 469.87
236-02 800718926 45,000.00 44,716.49 05/07/98 04/07/28 358.19 06/07/98 58.4 10.975 427.70
236-02 800719031 29,900.00 29,900.00 05/06/98 04/06/28 358.16 06/06/98 64.3 13.090 332.86
236-02 800719262 54,750.00 54,750.00 06/01/98 05/01/13 179.00 06/01/98 85.7 12.500 674.81
236-02 800719338 60,000.00 59,888.90 05/14/98 04/14/18 238.42 06/14/98 80.0 8.900 535.98
236-02 800719577 81,000.00 81,000.00 05/22/98 04/22/28 358.68 06/22/98 90.0 9.990 710.23
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 13 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800719734 WENDORF KEVIN 11092 PACKARD WARREN MI 48089
236-02 800719841 DAVIS DAVID D 2007 TEXDALE STREET PITTSBURGH PA 15216
236-02 800720054 STEVENS RICHARD B 962 EAST SOUTHFORK DRIVE DRAPER UT 84020
236-02 800720096 ELIAS SORIA 1704 HORTON ROAD KNIGHTDALE NC 27545
236-02 800720260 PINCKNEY GEORGEANNA 740 WINNEPEG DRIVE COLORADO SPRINGS CO 80910
236-02 800720450 HOFFMAN CECILIA E 10351 BOB WHITE WAY NEW PORT RICHEY FL 34654
236-02 800720492 SARNELLI VINCENZO SR 270 ROCKLYN AVENUE EAST ROCKAWAY NY 11518
236-02 800720518 HARPER WILLIAM 437 ELK STREET ALBANY NY 12206
236-02 800720724 WAGNER CHARLES W 26914 PRATT ROAD SALISBURY MD 21801
236-02 800720930 VINCENT JOHN J 11 HILL STREET GLEN LYON PA 18617
236-02 800721052 JOHNSON RANDY KEITH 892 MCCALL ROAD MACON GA 31217
236-02 800721110 FORESTER KEVIN R 220 EAST GRAND RIVER WEBBERVILLE MI 48892
236-02 800721219 ALLOCCA HEDWIG 3 MARSEILLE DRIVE LOCUST VALLEY NY 11560
236-02 800721466 VIRGO CLOVER 1563 BALDWIN BOULEVARD BAY SHORE NY 11706
236-02 800721565 HARRIS DONNA L 55 MAITLAND STREET NEW BEDFORD MA 02740
236-02 800721623 SCHOENFELD JEROME B 20522 MANZANITA AVE YORBA LINDA CA 92886
236-02 800721631 THOMAS CHARLES 136 43RD STREET COPIAQUE NY 11726
236-02 800721698 COLLURA FRANK 186 HEFFERNAN STREET STATEN ISLAND NY 10312
236-02 800722019 GORDON JAMES P HCR 80 BOX 166 BIG COVE TANNERY PA 17212
236-02 800722134 JESSUP QUENTIN M 39 BYRD STREET HEMPSTEAD NY 11550
236-02 800722266 DICKEY FRED 1114 CLAY STREET TALLAHASSEE FL 32304
236-02 800722274 GOLDSTEIN JAY 13 ELIZABETH DRIVE NORTH SALEM NY 10560
236-02 800722381 HECKMAN ROBERT 1143 MAIN ROAD LEHIGHTON PA 18235
236-02 800722613 POWELL GARY 558 WILLOW AVENUE GARWOOD NJ 07027
236-02 800722696 WEIDEL CRAIG W 21 WYOMING STREET STRATFORD CT 06497
236-02 800723017 MOORE DENNIS J 271 CENTURY LANE BLUE RIDGE GA 30513
236-02 800723116 FUNK STEPHEN 1226 HYMAN AVENUE BAY SHORE NY 11706
236-02 800723215 GRENIER GENE 4172 FENTON STREET DENVER CO 80212
236-02 800723579 HALBIG CARL E SR 2900 SHIP MASTER WAY #105 ANNAPOLIS MD 21401
236-02 800723637 RICHER OLGA N 1717 CHURCH AVENUE SCRANTON PA 18508
236-02 800723843 LINEBERGER ALICE FAYE 444 WALKER DRIVE LINCOLNTON NC 28092
236-02 800724163 BARNES LAMAR A 20705 KENYON DRIVE MAPLE HEIGHTS OH 44137
236-02 800724239 STUART ADAM 57 WOODWARD HEIGHTS PLEASANT RIDGE MI 48069
236-02 800724338 WENDER RAYMOND M 7986 WEST LAURA STREET DUNNELLON FL 34433
236-02 800724569 SPRINGER LAMONT D 433 WALNUT DRIVE PENNSVILLE PA 18067
236-02 800724593 KLICK SARAH 245 PRESTON AVENUE GIRARDVILLE PA 17935
236-02 800724668 ERSING GARY H 355 OKELL STREET BUFFALO NY 14220
236-02 800724734 LINGLE RANDY A 903 PARK STREET GRAYLING MI 49738
236-02 800724742 KORPER MELINDA JANE 333 NORTH ROAD EAST GRANBY CT 06026
236-02 800724940 WELLS STEVEN L 17017 SE MORRISON COURT PORTLAND OR 97233
236-02 800725079 DESANDRE MICHAEL BOX 521 CHINOOK CIRCLE POCONO LAKE PA 18347
236-02 800725103 GREEN ANTOINE L 1165 SOUTH AVENUE WILKINSBURG PA 15221
236-02 800725129 MUSCOLINO DESIREE ANN 511 E FORESTBROOK DR GALLOWAY TWP NJ 08201
236-02 800725236 MIER GERARD 2334 NORTH ROCKRIDGE CIRCL ORANGE CA 92867
236-02 800725269 YOUNG ERIC W BOX 2049 SALEM VIEW DRIVE WAYMART PA 18472
236-02 800725319 TURNER DAVID 6135 MARCY STREET GREEN OAK TWP MI 48116
236-02 800725434 GAITOR CHARLES 974 EAST 131ST STREET CLEVELAND OH 44108
236-02 800725483 MCGUIRE DONALD P 1335 TURKEY POINT ROAD NORTH EAST MD 21901
236-02 800725566 MARTELLO DONALD 504 65TH AVENUE WEST BRADENTON FL 34207
236-02 800725590 YAGER EDWIN G 9888 SOUTH PETUNIA WAY SANDY UT 84092
236-02 800725616 MARSON MARIE W 3905 MORRISON AVENUE TAMPA FL 33629
236-02 800725798 JACKSON EZEKIEL 103 WELLESLEY STREET SIMPSONVILLE SC 29681
236-02 800726184 DU DAN VAN 10731 BLUE SPRUCE DRIVE FISHERS IN 46038
236-02 800726275 WATSON LARRY G 3243 56TH AVENUE NORTH ST PETERSBURG FL 33714
236-02 800726564 HARRISON PAULA 11821 189TH STREET ST ALBANS NY 11412
236-02 800726853 CROMONTIA DELAIN 111-30 178TH STREET SAINT ALBANS NY 11433
236-02 800726861 INGRAHAM ROBERT C 371 BAHMAN AVENUE OPA LOCKA FL 33054
236-02 800727018 HOLP TERRI R 205 HATCHET DRIVE EATON OH 45320
236-02 800727125 KILLIAN ROBERT G RR 1 BOX 1667 STOUT ROAD NESCOPECK PA 18635
236-02 800727398 MCGROARTY NATALIE S 3232 SOUTH 7TH STREET EXT EMMAUS PA 18049
236-02 800727406 SHOUPPE LAWRENCE 4594 NC HIGHWAY 18 SOUTH MORGANTON NC 28655
236-02 800727679 BUTZ BRIAN K 101 CAROLINE AVENUE LADY LAKE FL 32159
236-02 800727752 ISHAHAK SHEIK M 107-19 124TH STREET RICHMOND HILL NY 11419
236-02 800728404 EASLEY AARON R 756 OLD RARITAN ROAD EDISON NJ 08820
236-02 800728503 STINES LASHERUN D 17 WEST WILLIAM STREET BAY SHORE NY 11706
236-02 800728511 ROGALA KENNETH C 5565 TRAILWINDS DRIVE #212 FORT MYERS FL 33907
236-02 800728537 ALBRIGHT MARK D 1881 NORTH 4700 WEST PLAIN CITY UT 84404
236-02 800728727 LISTON ELAINE 1677 SUNSET AVENUE AKRON OH 44301
236-02 800728776 HANNAH DONALD C 6400 EAST CACTUS WREN ROAD PARADISE VALLEY AZ 85253
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800719734 42,500.00 42,500.00 05/27/98 04/27/13 178.85 05/27/98 85.0 10.200 379.27
236-02 800719841 78,750.00 78,750.00 05/24/98 04/24/28 358.75 05/24/98 75.0 10.850 741.04
236-02 800720054 81,500.00 81,500.00 06/01/98 05/01/13 179.00 06/01/98 90.0 10.400 739.43
236-02 800720096 50,528.00 50,528.00 06/04/98 05/04/13 179.08 06/04/98 85.0 11.750 598.32
236-02 800720260 19,633.00 19,633.00 07/01/98 06/01/13 180.00 07/01/98 89.8 11.150 225.00
236-02 800720450 30,300.00 30,203.32 05/14/98 04/14/13 178.42 06/14/98 84.9 11.350 351.08
236-02 800720492 127,500.00 127,324.25 04/27/98 03/27/13 177.83 06/27/98 75.0 10.050 1,123.62
236-02 800720518 49,500.00 49,485.81 04/20/98 03/20/13 177.60 05/20/98 90.0 11.990 508.78
236-02 800720724 19,600.00 19,586.09 04/27/98 03/27/18 237.83 05/27/98 84.9 12.750 226.15
236-02 800720930 42,015.00 42,015.00 05/07/98 04/07/13 178.19 05/07/98 85.0 11.750 497.51
236-02 800721052 43,550.00 43,515.61 05/21/98 04/21/28 358.65 06/21/98 65.0 10.850 409.81
236-02 800721110 56,500.00 56,498.73 05/03/98 04/03/28 358.06 06/03/98 71.0 9.900 491.66
236-02 800721219 60,000.00 60,000.00 04/25/98 03/25/13 177.76 06/25/98 40.0 11.400 589.60
236-02 800721466 102,000.00 102,000.00 05/24/98 04/24/13 178.75 06/24/98 85.0 10.950 967.52
236-02 800721565 35,000.00 34,962.16 05/02/98 04/02/18 238.03 06/02/98 57.0 11.500 373.26
236-02 800721623 25,000.00 25,000.00 06/01/98 05/01/13 179.00 06/01/98 84.3 11.850 254.27
236-02 800721631 90,000.00 90,000.00 05/16/98 04/16/13 178.49 05/16/98 90.0 11.450 887.83
236-02 800721698 34,000.00 33,962.95 05/06/98 04/06/13 178.16 06/06/98 60.7 10.650 314.83
236-02 800722019 59,500.00 59,433.63 05/22/98 04/22/28 358.68 06/22/98 82.0 9.650 506.83
236-02 800722134 50,000.00 50,000.00 04/27/98 03/27/28 357.83 06/27/98 66.6 11.900 510.46
236-02 800722266 21,500.00 21,500.00 05/27/98 04/27/08 118.85 05/27/98 43.8 8.900 271.19
236-02 800722274 28,000.00 28,000.00 05/06/98 04/06/13 178.16 06/06/98 89.5 11.600 328.88
236-02 800722381 70,550.00 70,550.00 06/13/98 05/13/13 179.38 06/13/98 85.0 11.850 717.55
236-02 800722613 13,000.00 13,000.00 05/20/98 04/20/18 238.62 05/20/98 84.8 10.200 127.18
236-02 800722696 59,600.00 59,569.16 05/02/98 04/02/18 238.03 06/02/98 66.6 11.850 650.03
236-02 800723017 50,000.00 50,000.00 06/15/98 05/15/18 239.44 06/15/98 84.9 11.600 536.66
236-02 800723116 22,000.00 22,000.00 05/06/98 04/06/18 238.16 06/06/98 84.7 11.990 242.09
236-02 800723215 16,200.00 16,200.00 06/01/98 05/01/13 179.00 06/01/98 84.9 11.250 186.68
236-02 800723579 89,000.00 88,750.92 05/20/98 04/20/28 358.62 06/20/98 74.7 8.500 684.33
236-02 800723637 30,000.00 30,000.00 05/06/98 04/06/13 178.16 06/06/98 32.9 9.850 319.63
236-02 800723843 20,000.00 19,720.51 05/22/98 04/22/13 178.68 07/22/98 50.0 9.750 211.87
236-02 800724163 63,000.00 63,000.00 05/15/98 04/15/28 358.45 05/15/98 90.0 10.900 595.21
236-02 800724239 30,300.00 30,228.08 05/10/98 04/10/13 178.29 06/10/98 84.9 9.500 316.40
236-02 800724338 45,000.00 44,982.04 05/01/98 04/01/18 238.00 06/01/98 90.0 10.900 461.43
236-02 800724569 41,330.00 41,272.42 05/15/98 04/15/13 178.45 06/15/98 84.9 11.100 472.35
236-02 800724593 18,000.00 18,000.00 06/01/98 05/01/18 239.00 06/01/98 90.0 10.400 178.50
236-02 800724668 60,000.00 60,000.00 05/01/98 04/01/13 178.00 06/01/98 66.6 12.550 741.47
236-02 800724734 32,600.00 32,590.21 05/01/98 04/01/13 178.00 07/01/98 74.0 14.000 386.27
236-02 800724742 60,000.00 60,000.00 05/16/98 04/16/18 238.49 05/16/98 73.6 11.250 629.55
236-02 800724940 10,500.00 10,450.45 06/01/98 05/01/18 239.00 07/01/98 82.9 8.500 91.12
236-02 800725079 24,000.00 24,000.00 06/01/98 05/01/13 179.00 06/01/98 80.0 11.950 245.94
236-02 800725103 11,872.00 11,872.00 06/01/98 05/01/13 179.00 06/01/98 80.0 14.000 158.10
236-02 800725129 115,000.00 115,000.00 06/05/98 05/05/28 359.11 06/05/98 64.2 10.200 1,026.24
236-02 800725236 40,000.00 40,000.00 06/06/98 05/06/13 179.15 06/06/98 71.8 10.225 435.36
236-02 800725269 49,840.00 49,635.02 05/17/98 04/17/13 178.52 06/17/98 79.7 11.900 594.96
236-02 800725319 95,000.00 95,000.00 05/16/98 04/16/13 178.49 06/16/98 84.8 9.900 826.68
236-02 800725434 54,400.00 54,376.67 05/21/98 04/21/28 358.65 06/21/98 80.0 11.600 542.87
236-02 800725483 98,400.00 98,400.00 06/08/98 05/08/28 359.21 06/08/98 80.0 9.400 820.23
236-02 800725566 20,000.00 19,943.02 06/04/98 05/04/18 239.08 07/04/98 23.5 8.650 175.47
236-02 800725590 152,800.00 152,800.00 06/01/98 05/01/13 179.00 06/01/98 78.7 13.500 1,750.19
236-02 800725616 72,250.00 71,921.93 05/01/98 04/01/28 358.00 07/01/98 85.0 9.150 589.15
236-02 800725798 29,625.00 29,625.00 06/22/98 05/22/13 179.67 06/22/98 75.0 12.750 369.97
236-02 800726184 218,900.00 218,900.00 06/05/98 05/05/28 359.11 06/05/98 87.5 10.900 2,068.11
236-02 800726275 36,800.00 36,800.00 06/27/98 05/27/28 359.84 06/27/98 80.0 10.150 327.03
236-02 800726564 136,800.00 136,787.06 05/13/98 04/13/28 358.39 06/13/98 90.0 9.400 1,140.32
236-02 800726853 175,500.00 175,500.00 06/11/98 05/11/28 359.31 06/11/98 90.0 10.400 1,592.26
236-02 800726861 57,600.00 57,600.00 05/28/98 04/28/13 178.88 05/28/98 80.0 13.875 676.79
236-02 800727018 39,000.00 38,980.90 07/01/98 06/01/13 180.00 09/01/98 75.0 12.250 408.68
236-02 800727125 61,200.00 61,200.00 06/18/98 05/18/28 359.54 06/18/98 85.0 8.750 481.46
236-02 800727398 48,270.00 48,262.81 05/06/98 04/06/13 178.16 06/06/98 84.8 11.350 472.50
236-02 800727406 47,600.00 47,588.26 05/20/98 04/20/13 178.62 06/20/98 85.0 10.400 431.86
236-02 800727679 28,500.00 28,500.00 06/01/98 05/01/13 179.00 06/01/98 75.0 12.750 355.92
236-02 800727752 142,400.00 141,584.37 05/07/98 04/07/28 358.19 07/07/98 80.0 10.800 1,334.63
236-02 800728404 185,000.00 184,800.12 05/16/98 04/16/13 178.49 06/16/98 67.2 11.850 1,881.60
236-02 800728503 131,750.00 131,750.00 04/26/98 03/26/28 357.80 05/26/98 85.0 12.400 1,395.90
236-02 800728511 61,600.00 61,581.56 05/10/98 04/10/13 178.29 06/10/98 70.0 9.850 533.77
236-02 800728537 110,000.00 110,000.00 06/01/98 05/01/28 359.00 06/01/98 61.1 8.750 865.37
236-02 800728727 68,850.00 68,737.45 05/15/98 04/15/28 358.45 06/15/98 85.0 8.900 549.04
236-02 800728776 260,000.00 260,000.00 06/01/98 05/01/13 179.00 06/01/98 55.7 10.400 2,358.91
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 14 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800728792 TURNER MAURICE C 5020 CENTER RD LINDEN MI 48451
236-02 800728982 PUSKAS ANDREW JR 65 EASTWOODS ROAD ROXBURY CT 06783
236-02 800729170 WARE COLENE J 23515 SUMMIT ROAD LOS GATOS CA 95033
236-02 800729212 KUHLMAN DONALD 57 FAIR OAKS ROAD MIDDLETOWN NY 10940
236-02 800729246 TRANSUE JASON E 12005 TASHA COURT PORT RICHEY FL 34668
236-02 800729352 KEIPER PEARL R 212 SOUTH 2ND STREET LEWISBURG PA 17837
236-02 800729477 CRAWFORD THOMAS J RR 1 BOX 1477 NESCOPECK PA 18635
236-02 800729543 ANDERSON JAMES B III 2610 FOLSOM STREET PHILADELPHIA PA 19130
236-02 800729618 PEARSON PATRICIA 299 AVENUE NORTH MOORE HAVEN FL 33471
236-02 800729931 MANASHELL MARC 8303 95TH TERRACE NORTH LARGO FL 33777
236-02 800730087 SMITH VICKI L 1512 POPLAR STREET LAKE PLACID FL 33852
236-02 800730111 RAIRDON LARRY G 10203 MEADOWBROOK ROAD YAKIMA WA 98903
236-02 800730467 HOUGAARD BRYCE H 13176 SOUTH DAY COURT DRAPER UT 84020
236-02 800730517 BUTH KELLY T 5848 CLUBHOUSE DRIVE BULLHEAD CITY AZ 86426
236-02 800730525 WATSON ALEXIS B 14 CREEKWOOD #68 IRVINE CA 92604
236-02 800730533 RAMIREZ JORGE M 117 119 WAYNE COURT EAST REDWOOD CITY CA 94063
236-02 800730665 MANNING ROBERT T BOX 226 A MILLWOOD STREET DERRY PA 15627
236-02 800730939 MATHIS CLAUD III 2916 GARDENIA STREET COLUMBUS GA 31906
236-02 800730954 COUNTS HANEY L JR 322 ATKINSON ROAD WILMINGTON DE 19804
236-02 800731028 VALERE GERARD S 23080 NEWCUN AVENUE PORT CHARLOTTE FL 33980
236-02 800731267 VAZQUEZ-DOMI ANA 14430 PLYMOUTH ROCK DRIVE CARMEL IN 46033
236-02 800731309 HILL DIANE F 181 WILLETS AVENUE WEST HEMPSTEAD NY 11552
236-02 800731358 BROWN MICHAEL A 79 FIG STREET CENTRAL ISLIP NY 11722
236-02 800731432 ANGIERI MARIO 94-54 PLATTWOOD AVENUE OZONE PARK NY 11417
236-02 800731507 BUTLER ZELL A 182 JEROME AVENUE BURLINGTON CT 06013
236-02 800731515 PENSABENE JEFFREY 59 TYRCONNELL AVENUE MASSAPEQUA NY 11762
236-02 800731598 PERTEET GEORGE 47 NORTH LOREL AVE CHICAGO IL 60644
236-02 800731630 TUITUPOU SEIAUTE 1435 N BLOOMFIELD PLACE SALT LAKE CITY UT 84116
236-02 800731648 DONNELLY LEO D JR 380 BERKLEY STREET-UNIT 2 TAUNTON MA 02780
236-02 800731754 GRIFFIN NORMAN 4254 LALOSA DRIVE JACKSONVILLE FL 32217
236-02 800731838 WOOD GEORGE P 16020 BRINGARD DETROIT MI 48205
236-02 800731846 HUNTER LINDA J 3559 E RUSTIC SPRING LANE SALT LAKE CITY UT 84121
236-02 800731937 MCCLURE OLNEY 14056 AZTEC ST NORTHWEST ANDOVER MN 55304
236-02 800731945 BEDI BANDNA K 3521 HATWYNN ROAD CHARLOTTE NC 28269
236-02 800732158 BULCOCK ROBERT JR 8 CANADA VISTA SANDIA PARK NM 87047
236-02 800732182 BROADBENT GARY ALLEN 14 CASE STREET POLAND NY 13431
236-02 800732216 BURDULIS JAMES S 630 KUSCHKE STREET PLYMOUTH PA 18651
236-02 800732232 FLORES FREDY E 138 CORTLANDT STREET NORTH TARRYTOWN NY 10591
236-02 800732323 BOYD VIRGINIA 223 WEST DALTON AVENUE SPOKANE WA 99205
236-02 800732471 WOODS MICHAEL T 5861 WOODLAND DRIVE LAKE MI 48632
236-02 800732521 SCHMITT ROBERT 177-55 MEADOW DRIVE SPRINGFIELD GARDENS NY 11413
236-02 800732554 TADDEO TERRY R 122 TEMPLE ROAD MONACA PA 15061
236-02 800732620 WEDEWER PAUL J 17936 EAST NASSAU DRIVE AURORA CO 80013
236-02 800732646 STRAUB TIMOTHY F 260 CUMBERLAND STREET HARRISBURG PA 17102
236-02 800732661 HECKMAN SANDRA W 513 WARD STREET GRAHAM NC 27253
236-02 800732687 BROWN DARYL R SR 1530 SOUTH OPAL STREET PHILADELPHIA PA 19146
236-02 800732968 STONER JOANNE E 4 SILK TREE COURT CATONSVILLE MD 21228
236-02 800733131 PARRISH TANYA L 10260 SW RIVERVIEW CIRCLE ARCADIA FL 34266
236-02 800733214 CLARK NIXIE GREER 420 BOYLSTON AVENUE EAST SEATTLE WA 98102
236-02 800733321 SANCHEZ ARTHUR L 1820 WEST STOLL PLACE DENVER CO 80221
236-02 800733347 GUTIERREZ VI ROSALIA 1374 SOUTH EMERY STREET SALT LAKE CITY UT 84101
236-02 800733552 SPOONER JAMES L 2965 NORTH 2ND STREET HARRISBURG PA 17110
236-02 800733750 ELWOOD MARGARET P 4271 66TH STREET CIRCLE W BRADENTON FL 34209
236-02 800733792 GUITARD LEONOR 2453 GRANADA CIRCLE WEST ST PETERSBURG FL 33712
236-02 800733826 FOLAND RICHARD C 572 MAIN STREET ITHACA OH 45304
236-02 800733867 DURAN GILBERT R 4994 16TH AVENUE NORTH ST PETERSBURG FL 33710
236-02 800734220 BROUHARD THOMAS O 1005 LONGVIEW DRIVE NEW BERN NC 28562
236-02 800734311 OUTEN PATRICE Y 6013 BLACK BEAR COURT CHARLOTTE NC 28214
236-02 800734329 WHITEHEAD OBIE 1305 EAST RIVER COVE AVENU TAMPA FL 33604
236-02 800734352 AKINNUOYE CHARLES 236 R STREET NE WASHINGTON DC 20002
236-02 800734485 JANI HARSHA 141-14 CHERRY AVENUE FLUSHING NY 11355
236-02 800734527 COTTON EDWARD S 81 WINTHROP STREET WALTHAM MA 02154
236-02 800734618 STONER BRIAN S 894 ELLEN DRIVE KEY LARGO FL 33037
236-02 800734725 DEVAY BRUCE M 18623 SOUTHWEST 83RD PLACE MIAMI FL 33157
236-02 800734865 FRAZIER DEE ANN 5238 EAST SPRUCE AVENUE CASTLE ROCK CO 80104
236-02 800734931 PUDLIN ROBIN 218 RETFORD AVENUE STATEN ISLAND NY 10312
236-02 800734949 COSTENBADER LARRY J 236 MAIN STREET PO BOX 201 PARRYVILLE PA 18244
236-02 800734956 PINCKNEY BESSIE M 4569 PETERSFIELD ROAD HOLLYWOOD SC 29449
236-02 800735102 SCALES WALLACE OTIS SR 2224 NORTHEAST 43RD AVENUE PORTLAND OR 97213
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800728792 81,000.00 80,843.29 06/01/98 05/01/13 179.00 07/01/98 90.0 10.150 719.83
236-02 800728982 105,800.00 105,719.82 05/06/98 04/06/18 238.16 06/06/98 84.9 10.600 1,063.40
236-02 800729170 60,000.00 59,558.82 06/01/98 05/01/13 179.00 07/01/98 58.0 12.840 752.84
236-02 800729212 153,000.00 152,874.98 05/07/98 04/07/13 178.19 06/07/98 90.0 10.250 1,371.03
236-02 800729246 17,000.00 17,000.00 06/06/98 05/06/13 179.15 06/06/98 84.2 11.850 202.39
236-02 800729352 38,000.00 37,757.20 05/27/98 04/27/28 358.85 06/27/98 84.4 10.750 354.72
236-02 800729477 140,000.00 140,000.00 06/04/98 05/04/28 359.08 06/04/98 67.3 8.250 1,051.77
236-02 800729543 12,000.00 11,956.55 05/16/98 04/16/08 118.49 06/16/98 89.0 10.750 163.61
236-02 800729618 18,000.00 18,000.00 06/01/98 05/01/08 119.00 06/01/98 58.0 9.750 235.39
236-02 800729931 35,100.00 35,100.00 05/02/98 04/02/28 358.03 06/02/98 70.9 11.100 336.92
236-02 800730087 51,000.00 51,000.00 06/01/98 05/01/13 179.00 06/01/98 85.0 11.250 587.70
236-02 800730111 27,500.00 27,500.00 06/01/98 05/01/13 179.00 06/01/98 68.9 10.750 256.71
236-02 800730467 27,029.00 27,029.00 04/09/98 03/09/13 177.24 06/09/98 89.9 12.100 280.11
236-02 800730517 16,341.00 16,341.00 06/06/98 05/06/13 179.15 06/06/98 79.9 13.100 207.83
236-02 800730525 39,240.00 39,066.43 06/01/98 05/01/18 239.00 07/01/98 80.0 11.100 407.70
236-02 800730533 100,000.00 100,000.00 07/01/98 06/01/13 180.00 07/01/98 78.5 12.225 1,045.96
236-02 800730665 29,750.00 29,750.00 06/11/98 05/11/13 179.31 06/11/98 82.2 12.100 358.97
236-02 800730939 42,800.00 42,800.00 05/08/98 04/08/28 358.22 05/08/98 80.0 13.500 490.24
236-02 800730954 55,000.00 54,909.86 05/17/98 04/17/13 178.52 06/17/98 69.6 9.350 456.46
236-02 800731028 112,000.00 112,000.00 05/01/98 04/01/13 178.00 06/01/98 70.0 12.250 1,173.64
236-02 800731267 173,500.00 173,500.00 05/10/98 04/10/28 358.29 06/10/98 84.4 11.350 1,698.33
236-02 800731309 62,800.00 62,712.96 05/15/98 04/15/13 178.45 06/15/98 79.7 10.990 597.58
236-02 800731358 120,000.00 120,000.00 04/20/98 03/20/28 357.60 05/20/98 80.0 13.990 1,420.90
236-02 800731432 86,162.00 85,846.45 05/08/98 04/08/08 118.22 06/08/98 89.7 11.500 1,211.40
236-02 800731507 293,250.00 293,250.00 05/15/98 04/15/13 178.45 06/15/98 85.0 11.200 2,837.10
236-02 800731515 25,300.00 25,211.45 06/06/98 05/06/18 239.15 07/06/98 80.0 12.700 291.02
236-02 800731598 36,400.00 36,400.00 07/01/98 06/01/13 180.00 07/01/98 48.5 12.590 450.77
236-02 800731630 13,958.00 13,928.91 06/01/98 05/01/13 179.00 07/01/98 80.0 12.200 145.73
236-02 800731648 65,450.00 65,168.14 05/02/98 04/02/28 358.03 07/02/98 70.0 9.250 538.44
236-02 800731754 133,500.00 133,422.31 05/21/98 04/21/28 358.65 06/21/98 66.7 7.750 956.41
236-02 800731838 28,000.00 28,000.00 06/01/98 05/01/13 179.00 06/01/98 50.0 11.300 323.54
236-02 800731846 15,500.00 15,500.00 06/01/98 05/01/13 179.00 06/01/98 79.9 10.600 142.94
236-02 800731937 36,992.00 36,852.22 06/01/98 05/01/13 179.00 07/01/98 89.7 10.650 412.36
236-02 800731945 60,000.00 60,000.00 05/08/98 04/08/13 178.22 06/08/98 79.6 11.350 587.32
236-02 800732158 42,700.00 42,700.00 06/01/98 05/01/13 179.00 06/01/98 89.9 10.650 395.39
236-02 800732182 49,600.00 49,573.39 05/28/98 04/28/28 358.88 06/28/98 80.0 10.250 444.47
236-02 800732216 31,800.00 31,611.99 05/23/98 04/23/08 118.72 06/23/98 84.6 9.500 411.48
236-02 800732232 182,200.00 181,118.68 05/01/98 04/01/28 358.00 07/01/98 80.9 9.150 1,485.73
236-02 800732323 25,000.00 25,000.00 06/01/98 05/01/18 239.00 06/01/98 30.4 10.850 255.50
236-02 800732471 30,800.00 30,800.00 05/02/98 04/02/13 178.03 06/02/98 80.0 12.850 337.10
236-02 800732521 202,500.00 202,500.00 04/23/98 03/23/13 177.70 05/23/98 73.9 10.450 1,844.78
236-02 800732554 89,064.00 89,064.00 06/08/98 05/08/13 179.21 06/08/98 85.0 10.850 838.10
236-02 800732620 36,000.00 35,859.32 06/01/98 05/01/13 179.00 07/01/98 68.8 9.850 383.56
236-02 800732646 60,000.00 59,567.14 04/25/98 03/25/13 177.76 06/25/98 75.0 8.750 599.67
236-02 800732661 33,500.00 33,142.77 05/20/98 04/20/18 238.62 06/20/98 89.6 10.650 337.84
236-02 800732687 20,000.00 20,000.00 05/27/98 04/27/13 178.85 05/27/98 80.0 12.200 242.61
236-02 800732968 50,000.00 49,918.08 05/27/98 04/27/18 238.85 06/27/98 76.3 12.200 557.53
236-02 800733131 27,400.00 27,242.28 05/13/98 04/13/13 178.39 07/13/98 79.9 9.900 238.43
236-02 800733214 381,600.00 381,600.00 07/01/98 06/01/13 180.00 07/01/98 80.0 6.375 2,380.69
236-02 800733321 24,871.00 24,871.00 06/01/98 05/01/13 179.00 06/01/98 79.9 11.350 288.17
236-02 800733347 11,151.00 11,151.00 06/01/98 05/01/13 179.00 06/01/98 88.1 10.650 103.26
236-02 800733552 148,500.00 148,413.54 05/28/98 04/28/13 178.88 06/28/98 59.6 9.700 1,270.39
236-02 800733750 45,500.00 42,893.01 05/21/98 04/21/13 178.65 09/21/98 70.0 11.350 527.20
236-02 800733792 39,515.00 39,515.00 06/08/98 05/08/18 239.21 06/08/98 89.9 10.400 391.86
236-02 800733826 52,000.00 52,000.00 06/05/98 05/05/13 179.11 06/05/98 80.0 9.750 446.76
236-02 800733867 40,800.00 40,712.78 05/10/98 04/10/18 238.29 06/10/98 80.0 8.650 357.95
236-02 800734220 15,300.00 15,300.00 05/22/98 04/22/13 178.68 05/22/98 89.8 11.990 183.53
236-02 800734311 16,220.00 16,220.00 05/27/98 04/27/13 178.85 05/27/98 89.7 11.150 185.89
236-02 800734329 30,550.00 30,550.00 06/22/98 05/22/28 359.67 06/22/98 65.0 13.090 340.09
236-02 800734352 103,500.00 103,500.00 05/03/98 04/03/28 358.06 06/03/98 90.0 10.900 977.84
236-02 800734485 76,000.00 76,000.00 05/06/98 04/06/18 238.16 06/06/98 84.4 12.150 844.79
236-02 800734527 187,000.00 186,942.18 05/08/98 04/08/28 358.22 06/08/98 85.0 11.650 1,873.28
236-02 800734618 21,490.00 21,420.75 05/08/98 04/08/08 118.22 06/08/98 79.9 11.850 306.46
236-02 800734725 31,900.00 31,872.64 05/13/98 04/13/18 238.39 06/13/98 84.9 11.750 345.70
236-02 800734865 18,000.00 17,961.13 05/13/98 04/13/13 178.39 06/13/98 89.1 10.400 197.86
236-02 800734931 147,200.00 147,021.25 12/01/97 11/01/12 173.00 06/01/98 80.0 11.800 1,491.49
236-02 800734949 66,400.00 66,189.30 05/15/98 04/15/28 358.45 06/15/98 80.0 8.000 487.22
236-02 800734956 68,000.00 68,000.00 06/05/98 05/05/18 239.11 06/05/98 85.0 10.900 697.27
236-02 800735102 143,000.00 143,000.00 06/01/98 05/01/13 179.00 06/01/98 67.1 10.600 1,318.78
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 15 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800735151 GAINES LINTON P 450 EAST 42ND STREET PATERSON NJ 07504
236-02 800735169 JONES BILLY R 3010 WEST IRONWOOD HILL DR TUCSON AZ 85745
236-02 800735177 ROSADO MANUEL 191 PRINCETON AVENUE PROVIDENCE RI 02907
236-02 800735193 LUCA ILIE 11643 NE 155TH STREET BOTHELL WA 98011
236-02 800735219 MASSARA PHILIP J 5504 CAUGHDENOY ROAD CLAY NY 13041
236-02 800735250 DELANEY JEFFREY D 15 PONCHA BOULEVARD SALIDA CO 81201
236-02 800735300 HESS ARNOLD E 35 WEST FIFTH STREET BLOOMSBURG PA 17815
236-02 800735359 STICHTENOTH RICHARD D 4051 ROSEHILL DRIVE BEAVERCREEK OH 45431
236-02 800735409 FISCHER LAURA B 3074 DUANE AVENUE OLDSMAR FL 34677
236-02 800735433 STANFIELD KIMBERLY D 3192 SOUTH NORFOLK STREET AURORA CO 80013
236-02 800735441 SMITH NANCY L 3535 PAULDING AVENUE BRONX NY 10469
236-02 800735524 PARTSCH CHERYL 7707 WILLOW BROOK COURT HUDSON FL 34667
236-02 800735607 LESLIE EDWARD H JR 516 LILLIAN DRIVE MADEIRA BEACH FL 33708
236-02 800735755 LARSON ANN LOUISE 10909 WALLER ROAD EAST TACOMA WA 98446
236-02 800735821 ANDERSON BARBARA W 1030 HORSESHOE DRIVE CUTCHOGUE NY 11935
236-02 800735896 REILLY ROBERT A 72 WARNER ROAD EAST HADDAM CT 06423
236-02 800735995 JACKSON RUBY D 4046 DAMASCUS CHURCH ROAD WESTVILLE SC 29175
236-02 800736068 ANDRETSOS GEORGE M 8849 GOOSANDER WAY LITTLETON CO 80126
236-02 800736514 CUELLAR MARIO S 335 PARIS STREET SAN FRANCISCO CA 94112
236-02 800736720 ARBELO FLOREAL 20 MEADOW AVENUE WHARTON NJ 07855
236-02 800736811 DUGAN WILLIAM J 204 LOCK STREET TARENTUM PA 15084
236-02 800736845 NICHOLSON J PATRICK RR 1 BOX 134 SUSQUEHANNA PA 18847
236-02 800737058 REEVES VINCENT A 2419 W 24TH ST ANDERSON IN 46016
236-02 800737249 GIOVINCO ANGELA J 12417 RODEO LANE HUDSON FL 34667
236-02 800737264 WORSHAM WILLIAM D 9418 GLEN RIDGE DRIVE LAUREL MD 20723
236-02 800737462 SACHS N GREGORY 1165 EAST ZENITH AVENUE SALT LAKE CITY UT 84106
236-02 800737512 ZARLINGA JAMES T 10121 ADELAIDE AVENUE CLEVELAND OH 44111
236-02 800737686 BOEHME MARSHALL 572 NORTH CATHERINE STREET SALT LAKE CITY UT 84116
236-02 800737702 TURNER STARR M 646 SECOND STREET WILLIAMSPORT PA 17701
236-02 800737850 BLAKE BARBARA C 7 TARN ROAD ROCKY POINT NY 11778
236-02 800737892 ROCHESTER CLEVELAND 1427 SCENIC STREET LEHIGH ACRES FL 33936
236-02 800737942 ROCHESTER CLEVELAND 1427 SCENIC STREET LEHIGH ACRES FL 33936
236-02 800737983 SURRATT MARIE LOUISE 14010 OLD MISSION ROAD DADE CITY FL 33525
236-02 800738072 HARRIG RICHARD D 128 PINE FOREST CIRCLE CRESCENT CITY FL 32112
236-02 800738171 SMOTHERMAN JOSEPH A 210 OAKLAND MILFORD MI 48381
236-02 800738288 PINKERTON GARRY 830 SOUTH 7TH STREET BRIGHTON CO 80601
236-02 800738296 JENIGEN JEAN 340 WASHINGTON STREET FREELAND PA 18224
236-02 800738320 DOMINIQUE MARK A 10504 EAST FREDDY STREET INVERNESS FL 34450
236-02 800738361 COLLIER CLYDE A JR 19000 WILDWOOD ROAD GRIFFIN GA 30223
236-02 800738486 BOYLE LINDA 1677 LISA LANE CLARKS SUMMIT PA 18411
236-02 800738510 HAWKINS CYNTHIA LOU 1665 MARLYN ROAD FORT MYERS FL 33901
236-02 800738619 WEIBE EDWARD W 7826 RENSHAW ROAD PASADENA MD 21122
236-02 800738643 ELISII ROSALYN 1716 CHESTNUT AVENUE HADDON HEIGHTS NJ 08035
236-02 800738965 DIXON JAMES E 4693 COUNTY ROAD 690 WEBSTER FL 33597
236-02 800739021 KING JOHN E 3874 WEST DIMRALL DRIVE TAYLORSVILLE UT 84118
236-02 800739146 CHUNG KUO HENG 295 NUTLEY AVENUE NUTLEY NJ 07110
236-02 800739229 REDD GUY 2001-3 W MICHIGAN STREET INDIANAPOLIS IN 46222
236-02 800739237 BECK VIVIAN E 5439 MAC ARTHUR AVENUE NEW PORT RICHEY FL 34652
236-02 800739278 VANDERLEEST DEBRA A 13655D EAST YALE AVENUE AURORA CO 80014
236-02 800739443 BLEHAR RICKARD M 7884 BRIMFIELD STREET CLINTON NY 13323
236-02 800739518 MYERS HEFLA 5-9 HILLCREST PLACE NEWBURGH NY 12550
236-02 800739542 SHADOIAN DAVID M 215 TOURTELLOT HILL ROAD GLOCESTER RI 02814
236-02 800739617 BARKER RONALD L SR 3831 EAST LUDLOW DRIVE PHOENIX AZ 85032
236-02 800739625 CRAIG BRIAN P 440 FIRST STREET DUNELLEN NJ 08812
236-02 800739633 CHAPMAN CASSANDRA 1490 & 92 LEE PLACE DETROIT MI 48206
236-02 800739948 SERRA SHIRLEY 14 CHATEAU BOULEVARD MELVILLE NY 11747
236-02 800739971 RAMIREZ CHARLES JR 22448 W MAGNOLIA STREET BUCKEYE AZ 85326
236-02 800739997 OESTRY JAMES A 722 ROCKY TRAIL RD HENDERSON NV 89014
236-02 800740052 OSTLER KAROLYN M 1756 NORTH 400 WEST OREM UT 84057
236-02 800740086 LUJAN JAYE A 984 WHITE ASH COURT LOVELAND CO 80538
236-02 800740110 GARLAND JERRY 2525 BOLD BRANCH ROAD BEDFORD VA 24523
236-02 800740375 SIMMONS MARY 1405 LUCAS STREET CAYCE SC 29033
236-02 800740409 HARRIS CURTIS 505 RANKIN STREET ATLANTA GA 30308
236-02 800740573 HARRIS CURTIS 1260 RICHLAND ROAD ATLANTA GA 30311
236-02 800740649 JOHNSON DAVID L 25231 BUSY BEE DRIVE BONITA SPRINGS FL 34135
236-02 800740714 CHICHESTER PAULINA B 409 MAPLEWOOD DRIVE COLORADO SPRINGS CO 80907
236-02 800740847 BROOK MARLENE 122 COTTAGE AVENUE MT VERNON NY 10550
236-02 800740870 WHITE DAVID A 6910 WEST 54TH AVENUE ARVADA CO 80002
236-02 800740896 HEYWARD LEON JR 195 EDDINGS POINT ROAD ST HELENA SC 29920
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800735151 35,000.00 35,000.00 06/01/98 05/01/13 179.00 06/01/98 76.0 10.750 392.34
236-02 800735169 26,000.00 26,000.00 06/01/98 05/01/18 239.00 06/01/98 84.8 12.500 295.40
236-02 800735177 76,500.00 76,500.00 05/14/98 04/14/13 178.42 06/14/98 85.0 10.650 708.37
236-02 800735193 50,200.00 50,200.00 06/01/98 05/01/13 179.00 06/01/98 84.9 11.850 510.57
236-02 800735219 59,100.00 59,100.00 05/24/98 04/24/13 178.75 05/24/98 80.9 8.400 578.52
236-02 800735250 104,800.00 104,800.00 06/01/98 05/01/28 359.00 06/01/98 80.0 10.625 968.45
236-02 800735300 144,500.00 144,500.00 06/13/98 05/13/23 299.38 06/13/98 85.0 8.900 1,202.76
236-02 800735359 35,500.00 35,333.76 05/01/98 04/01/28 358.00 07/01/98 89.9 9.900 308.92
236-02 800735409 106,250.00 106,250.00 06/28/98 05/28/28 359.87 06/28/98 85.0 10.950 1,007.83
236-02 800735433 23,341.00 23,330.14 07/01/98 06/01/13 180.00 09/01/98 79.9 12.950 257.29
236-02 800735441 180,000.00 180,000.00 06/04/98 05/04/13 179.08 06/04/98 84.9 10.250 1,961.91
236-02 800735524 25,400.00 25,400.00 05/03/98 04/03/13 178.06 05/03/98 79.9 12.700 275.03
236-02 800735607 35,000.00 34,711.43 05/06/98 04/06/13 178.16 06/06/98 73.9 8.650 272.85
236-02 800735755 15,000.00 15,000.00 07/01/98 06/01/13 180.00 07/01/98 61.7 11.200 172.38
236-02 800735821 60,000.00 59,317.24 05/01/98 04/01/08 118.00 07/01/98 71.2 10.050 794.57
236-02 800735896 36,700.00 36,591.26 05/15/98 04/15/13 178.45 06/15/98 89.9 10.750 411.39
236-02 800735995 58,950.00 58,907.23 05/14/98 04/14/28 358.42 07/14/98 90.0 10.650 545.86
236-02 800736068 28,200.00 28,200.00 06/01/98 05/01/13 179.00 06/01/98 89.9 10.900 266.43
236-02 800736514 33,527.00 33,432.62 06/01/98 05/01/13 179.00 07/01/98 85.0 11.850 399.15
236-02 800736720 47,600.00 47,581.96 05/27/98 04/27/13 178.85 06/27/98 85.0 12.750 594.45
236-02 800736811 34,000.00 34,000.00 06/05/98 05/05/28 359.11 06/05/98 85.0 12.350 358.91
236-02 800736845 95,000.00 95,000.00 06/01/98 05/01/28 359.00 06/01/98 73.0 8.650 740.59
236-02 800737058 17,600.00 17,568.33 05/15/98 04/15/13 178.45 06/15/98 41.9 9.950 188.59
236-02 800737249 28,700.00 28,646.58 05/24/98 04/24/13 178.75 06/24/98 74.9 10.450 316.36
236-02 800737264 40,600.00 40,048.63 05/06/98 04/06/08 118.16 06/06/98 88.8 10.500 547.84
236-02 800737462 50,000.00 50,000.00 06/01/98 05/01/13 179.00 06/01/98 87.3 10.650 462.99
236-02 800737512 68,000.00 67,688.76 06/01/98 05/01/28 359.00 07/01/98 80.0 8.250 510.86
236-02 800737686 15,000.00 14,801.53 06/01/98 05/01/08 119.00 07/01/98 14.2 9.150 191.23
236-02 800737702 17,250.00 17,217.07 05/08/98 04/08/13 178.22 06/08/98 75.0 12.500 212.61
236-02 800737850 80,000.00 79,763.67 05/21/98 04/21/28 358.65 06/21/98 72.7 8.000 587.01
236-02 800737892 180,000.00 179,877.17 05/13/98 04/13/28 358.39 06/13/98 79.6 8.700 1,409.64
236-02 800737942 21,000.00 20,946.93 05/13/98 04/13/13 178.39 06/13/98 88.9 10.000 225.67
236-02 800737983 70,000.00 70,000.00 06/18/98 05/18/28 359.54 06/18/98 60.3 12.840 765.60
236-02 800738072 10,200.00 10,178.44 05/01/98 04/01/08 118.00 06/01/98 89.2 12.990 152.24
236-02 800738171 23,200.00 23,200.00 05/15/98 04/15/13 178.45 05/15/98 79.8 14.150 311.31
236-02 800738288 22,000.00 22,000.00 06/01/98 05/01/13 179.00 06/01/98 72.4 11.100 251.43
236-02 800738296 11,600.00 11,600.00 06/18/98 05/18/13 179.54 06/18/98 68.6 8.500 114.23
236-02 800738320 63,000.00 63,000.00 06/01/98 05/01/18 239.00 06/01/98 90.0 11.650 678.37
236-02 800738361 44,800.00 44,751.13 05/09/98 04/09/28 358.26 06/09/98 80.0 13.100 499.08
236-02 800738486 120,000.00 120,000.00 05/20/98 04/28/28 358.62 05/28/98 77.9 9.250 987.21
236-02 800738510 74,750.00 74,587.29 05/28/98 04/28/13 178.88 06/28/98 65.0 9.700 639.47
236-02 800738619 50,000.00 49,890.47 05/10/98 04/10/13 178.29 06/10/98 90.0 11.150 573.02
236-02 800738643 38,300.00 38,211.76 05/13/98 04/13/13 178.39 06/13/98 69.9 10.500 423.37
236-02 800738965 34,000.00 33,802.81 05/08/98 04/08/13 178.22 06/08/98 74.8 12.250 413.54
236-02 800739021 17,500.00 17,500.00 06/01/98 05/01/13 179.00 06/01/98 89.6 11.150 200.56
236-02 800739146 80,000.00 79,940.31 05/21/98 04/21/13 178.65 06/21/98 73.7 12.250 838.32
236-02 800739229 38,400.00 38,311.18 05/17/98 04/17/13 178.52 06/17/98 80.0 9.750 406.80
236-02 800739237 22,000.00 22,000.00 06/01/98 05/01/13 179.00 06/01/98 59.4 11.350 254.91
236-02 800739278 13,650.00 13,552.21 05/01/98 04/01/13 178.00 07/01/98 85.0 12.100 141.46
236-02 800739443 30,819.00 30,662.85 05/06/98 04/06/18 238.16 07/06/98 89.9 10.150 300.48
236-02 800739518 35,600.00 35,552.33 05/01/98 04/01/13 178.00 06/01/98 80.0 14.000 421.81
236-02 800739542 25,374.00 25,365.08 05/08/98 04/08/13 178.22 06/08/98 90.0 10.650 282.85
236-02 800739617 21,950.00 21,950.00 05/01/98 04/01/13 178.00 06/01/98 89.9 10.950 208.21
236-02 800739625 133,400.00 132,938.64 05/06/98 04/06/28 358.16 07/06/98 84.7 7.990 977.91
236-02 800739633 37,600.00 37,600.00 06/01/98 05/01/18 239.00 06/01/98 80.0 11.300 395.81
236-02 800739948 88,000.00 88,000.00 05/17/98 04/17/13 178.52 06/17/98 89.4 10.750 986.43
236-02 800739971 34,000.00 34,000.00 07/01/98 06/01/13 180.00 07/01/98 76.2 13.350 438.04
236-02 800739997 95,000.00 95,000.00 06/01/98 05/01/28 359.00 06/01/98 56.8 8.900 757.57
236-02 800740052 21,750.00 21,750.00 06/01/98 05/01/18 239.00 06/01/98 84.6 11.850 237.22
236-02 800740086 29,900.00 29,573.36 05/06/98 04/06/13 178.16 07/06/98 89.6 10.650 333.30
236-02 800740110 55,200.00 55,200.00 06/12/98 05/12/13 179.34 06/12/98 80.0 10.500 610.18
236-02 800740375 58,500.00 58,500.00 06/18/98 05/18/28 359.54 06/18/98 90.0 10.400 530.75
236-02 800740409 90,000.00 90,000.00 05/17/98 04/17/28 358.52 05/17/98 75.0 10.850 846.91
236-02 800740573 56,250.00 56,250.00 05/17/98 04/17/28 358.52 05/17/98 75.0 10.850 529.32
236-02 800740649 24,500.00 24,334.50 05/20/98 04/20/13 178.62 06/20/98 79.9 12.350 299.58
236-02 800740714 59,400.00 59,400.00 06/01/98 05/01/28 359.00 06/01/98 60.0 10.200 530.08
236-02 800740847 238,500.00 238,418.90 05/06/98 04/06/28 358.16 06/06/98 90.0 9.500 2,005.44
236-02 800740870 45,700.00 45,700.00 06/01/98 05/01/13 179.00 06/01/98 79.8 9.400 380.94
236-02 800740896 72,900.00 72,900.00 05/22/98 04/22/23 298.68 06/22/98 90.0 11.650 749.01
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 16 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800741118 RAE ROBERT A 51 BENJAMIN STREET MANCHESTER NH 03109
236-02 800741183 SCHAEFER NANCI A 677 UTAH MOUNTAIN ROAD WAYNESVILLE NC 28786
236-02 800741258 KEEGAN JAMES W 7209 CLOUCHESTER COURT BAYONET POINT FL 34667
236-02 800741472 MARSHALL DAVID O 1566 CHAIN BRIDGE ROAD MCCLEAN VA 22101
236-02 800741514 ROWE THOMAS A 3066 BLACKSTONE COURT VIRGINIA BEACH VA 23452
236-02 800741555 RICE CHRISTOPHE W 1242 SOUTH RIDGEWOOD AVE TACOMA WA 98405
236-02 800741662 ST LAURENT DONALD J 208 SOUTH STREET WEST WARREN MA 01092
236-02 800741779 DANCY MINNIE 1012 BEAL STREET ROCKY MOUNT NC 27801
236-02 800741837 FLANAGAN WILLIAM T 4370 WILMINGTON PIKE KETTERING OH 45440
236-02 800742058 VANING ROBERT J 8440 FLORIDA BOYS RANCH RD GROVELAND FL 34736
236-02 800742116 EPPS ROBERT L 711 EAST 95TH STREET BROOKLYN NY 11236
236-02 800742124 HEID GERALD J 419 WALNUT STREET PECKVILLE PA 18452
236-02 800742173 DEXTER RALPH E 170 WHALEY HOLLOW ROAD COVENTRY RI 02816
236-02 800742207 BEARD JAY C 1575 SOUTH YATES STREET DENVER CO 80219
236-02 800742280 ENGLER MARVIN C 2374 WEST EMMAUS AVENUE ALLENTOWN PA 18103
236-02 800742298 HUGHES RONALD JR 7149 RADBORNE ROAD UPPER DARBY PA 19082
236-02 800742488 PERIN KIM D 8171 MELLOWTONE COURT WEST CHESTER OH 45069
236-02 800742504 KECK PHILLIP L 14113 ROCKRIDGE ROAD LAKELAND FL 33809
236-02 800742546 NAPOLITANI RONALD 2048 QUAKER RIDGE ROAD CROTON ON HUDSON NY 10520
236-02 800742728 GADDIS JOHN W 1179 VIA TENIS PALM SPRINGS CA 92262
236-02 800742744 DANIELE JOSEPH F JR 148 WILLARD STREET AKRON OH 44305
236-02 800742777 VALLEE MICHAEL A 328 SUMMER DRIVE CONWAY SC 29526
236-02 800742801 BIRK LEONARD M 306308 NORTH WALCOTT INDIANAPOLIS IN 46201
236-02 800742827 BIRK LEONARD M 1131 SOUTH CHURCHMAN INDIANAPOLIS IN 46201
236-02 800742835 INGRATI ANTONIO 7326 WEEPING WILLOW DRIVE SARASOTA FL 34241
236-02 800743056 LLOYD MICHELLE A 942 GREENE AVENUE BROOKLYN NY 11221
236-02 800743072 STOUT JOHN J 15 CAPE MAY DRIVE MARLBORO NJ 07746
236-02 800743155 DANIELE JOSEPH F JR 275 WEST CENTER AKRON OH 44302
236-02 800743189 RAMOS LIDYS 11530 RIGGS ROAD NAPLES FL 34114
236-02 800743239 FISHBACK PATTI 9233 TEAKWOOD DRIVE BOISE ID 83709
236-02 800743270 VARQUEZ WILLIAM J 6024 HIGHLAND AVENUE PENNSAUKEN NJ 08105
236-02 800743296 VERNOLA MICHAEL J 2847 INYO CIRCLE SIMI VALLEY CA 93063
236-02 800743312 BRANDON ELIZABETH H 7061 WOODSTOCK STREET COLORADO SPRINGS CO 80911
236-02 800743437 CHRISTAL MINNIE K 410 JEFFERSON AVENUE ROCKVILLE CENTER NY 11570
236-02 800743494 HUNTLEY JAMES E 699 GROVER AVENUE MASURY OH 44438
236-02 800743593 ORTIZ ALBERT SR 1325 GOOD STREET READING PA 19602
236-02 800743668 OAKLEY PAUL D 300 GREEN LANE CLAYTON NC 27520
236-02 800743700 DELRIO SANTOS R 90 WILLIAMS STREET CHELSEA MA 02150
236-02 800743726 DELRIO SANTOS R 88 WILLIAMS STREET CHELSEA MA 02150
236-02 800743783 BASTA ROBERT THOMAS 5255 SHAFFER MILL ROAD LINEBORO MD 21088
236-02 800743809 LASSITER ANDRIA D 11003 SNOW CT UPPER MARLBORO MD 20772
236-02 800744039 VAUTIER LYNETTE 4332 6TH AVENUE NORTH ST PETERSBURG FL 33709
236-02 800744070 KATZ ALAN S 433 - 435 W DIAMOND AVENUE HAZELTON PA 18201
236-02 800744112 BERG DAVID A 261 HICKORY HILL DRIVE DAWSONVILLE GA 30534
236-02 800744203 RYAN MICHAEL F 3803 ROYAL PALM DRIVE BRADENTON FL 34210
236-02 800744278 TIBBITTS CATHERINE 846 EAST ALPINE DRIVE ALPINE UT 84004
236-02 800744344 BOGER JANICE 100 CHALMERS AVENUE BRIDGEPORT CT 06606
236-02 800744369 SMITH COREY N 3538 BEELER AVE INDPLS IN 46224
236-02 800744393 JORGENSEN ANITA L 3544 SOUTH OGDEN STREET ENGLEWOOD CO 80110
236-02 800744450 ABNER DARRYL 7695 FAUST DETROIT MI 48228
236-02 800744468 YATES DONALD HARDING 747 AUDREY LANE OXON HILL MD 20745
236-02 800744567 MORAGA DAVID SCOTT 3302 VAN BUREN DRIVE TAMPA FL 33611
236-02 800744633 SPITZER DOUGLAS E 1223 SOUTHEAST 21ST STREET CAPE CORAL FL 33990
236-02 800744658 SQUIRES JAMES L 30 N OSTEND DR BROOKVILLE OH 45309
236-02 800744732 BARBERA BRIAN R 236 WOOD STREET READING PA 19602
236-02 800744815 LEE JUNG CHUL 5908 VIA CUESTA DRIVE EL PASO TX 79912
236-02 800744831 JENKINS CARL L 21107 GUM TREE ROAD ORANGE VA 22960
236-02 800744914 RODRIGUEZ GILBERT 221 BROOKS DR MARTINEZ GA 30907
236-02 800744989 FARLEY DAVID L 18672 EVERGREEN AVENUE YORBA LINDA CA 92886
236-02 800745150 KIPPER TROY L 2604 ALDRICH NORTH MINNEAPOLIS MN 55422
236-02 800745200 DEMPSEY ROBERT E 507 SUMMIT STREET DERRY PA 15627
236-02 800745226 ALAIMO VINCENT 512 HAWKINS ROAD SELDEN NY 11784
236-02 800745259 MILLER DAGMAR 6823 SPRING BRANCH DRIVE KRUM TX 76249
236-02 800745606 LANGER D MORTON 163 BAYBERRY LANE WESTPORT CT 06880
236-02 800745630 EACHES JOHN LUNA 9114 ELLIS DRIVE WINNABOW NC 28479
236-02 800745937 PIERCE THOMAS L 13047 MAPLE LEAF CT NE AURORA OR 97002
236-02 800746083 TRIPOLITIS GEORGE 429 NECK STREET NORTH WEYMOUTH MA 02191
236-02 800746240 COMP EUGENE E RR 1 BOX 166 ELLIOTTSBURG PA 17024
236-02 800746430 ANDROSKI CHRISTINA P 604 HILLCREST ROAD HERSHEY PA 17033
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800741118 32,700.00 32,700.00 06/27/98 05/27/18 239.84 06/27/98 89.2 10.750 331.98
236-02 800741183 41,200.00 41,094.52 05/15/98 04/15/18 238.45 06/15/98 80.0 9.400 381.35
236-02 800741258 86,400.00 86,152.81 05/14/98 04/14/13 178.42 06/14/98 80.0 8.500 850.81
236-02 800741472 115,000.00 115,000.00 06/01/98 05/01/13 179.00 06/01/98 48.3 9.850 996.48
236-02 800741514 28,575.00 28,575.00 06/14/98 05/14/13 179.41 06/14/98 69.4 11.600 285.16
236-02 800741555 24,600.00 24,600.00 07/01/98 06/01/13 180.00 07/01/98 79.7 13.100 312.87
236-02 800741662 29,556.00 29,437.82 06/01/98 05/01/18 239.00 07/01/98 90.0 11.050 306.08
236-02 800741779 36,000.00 35,911.89 05/20/98 04/20/28 358.62 06/20/98 76.5 12.450 382.82
236-02 800741837 100,000.00 100,000.00 06/05/98 05/05/28 359.11 06/05/98 74.6 8.400 761.84
236-02 800742058 37,700.00 37,582.60 06/01/98 05/01/13 179.00 07/01/98 65.0 9.750 399.38
236-02 800742116 124,000.00 123,570.03 05/13/98 04/13/13 178.39 06/13/98 62.0 7.750 1,167.18
236-02 800742124 33,400.00 33,321.70 05/21/98 04/21/13 178.65 06/21/98 88.8 10.900 377.53
236-02 800742173 18,500.00 18,500.00 06/13/98 05/13/13 179.38 06/13/98 84.9 11.350 181.09
236-02 800742207 29,000.00 29,000.00 06/01/98 05/01/13 179.00 06/01/98 74.9 10.850 272.89
236-02 800742280 104,000.00 104,000.00 06/13/98 05/13/13 179.38 06/13/98 74.2 7.750 978.93
236-02 800742298 30,345.00 30,147.47 05/10/98 04/10/13 178.29 06/10/98 85.0 11.000 288.98
236-02 800742488 93,500.00 93,500.00 05/28/98 04/28/18 238.88 05/28/98 79.9 8.000 782.07
236-02 800742504 57,150.00 56,931.30 05/13/98 04/13/18 238.39 06/13/98 90.0 11.650 615.38
236-02 800742546 85,000.00 85,000.00 06/19/98 05/19/13 179.57 06/19/98 80.0 11.350 832.03
236-02 800742728 64,600.00 64,600.00 06/01/98 05/01/13 179.00 06/01/98 85.0 9.900 562.15
236-02 800742744 27,000.00 26,948.79 05/22/98 04/22/18 238.68 06/22/98 75.0 10.850 275.94
236-02 800742777 61,875.00 61,875.00 05/10/98 04/10/18 238.29 06/10/98 82.5 11.490 659.43
236-02 800742801 41,600.00 41,600.00 05/03/98 04/03/13 178.06 06/03/98 65.0 11.600 488.61
236-02 800742827 41,600.00 41,600.00 05/03/98 04/03/13 178.06 06/03/98 65.0 11.600 488.61
236-02 800742835 162,500.00 162,500.00 06/01/98 05/01/18 239.00 06/01/98 74.9 9.600 1,525.34
236-02 800743056 174,250.00 174,250.00 05/08/98 04/08/13 178.22 06/08/98 85.0 12.450 1,852.94
236-02 800743072 68,000.00 67,818.61 05/21/98 04/21/18 238.65 06/21/98 89.7 11.450 722.83
236-02 800743155 28,500.00 28,445.94 05/22/98 04/22/18 238.68 06/22/98 75.0 10.850 291.27
236-02 800743189 138,000.00 138,000.00 05/14/98 04/14/28 358.42 06/14/98 75.0 9.850 1,195.78
236-02 800743239 40,000.00 39,894.08 06/01/98 05/01/13 179.00 07/01/98 79.7 12.400 423.81
236-02 800743270 39,200.00 39,200.00 06/01/98 05/01/28 359.00 06/01/98 80.0 11.050 374.79
236-02 800743296 31,400.00 31,400.00 06/01/98 05/01/13 179.00 06/01/98 76.3 13.350 355.96
236-02 800743312 30,317.00 30,317.00 06/01/98 05/01/18 239.00 06/01/98 84.9 9.900 290.56
236-02 800743437 121,500.00 121,332.13 05/23/98 04/23/13 178.72 06/23/98 90.0 10.650 1,125.06
236-02 800743494 35,000.00 35,000.00 06/01/98 05/01/13 179.00 06/01/98 38.0 9.150 358.12
236-02 800743593 52,600.00 52,600.00 06/01/98 05/01/28 359.00 06/01/98 84.9 11.500 520.89
236-02 800743668 81,000.00 80,865.80 05/07/98 04/07/23 298.19 06/07/98 90.0 11.650 832.24
236-02 800743700 34,300.00 34,283.73 01/19/98 12/19/12 174.61 06/19/98 70.0 10.300 308.63
236-02 800743726 38,500.00 38,489.54 01/19/98 12/19/12 174.61 05/19/98 70.0 10.700 357.94
236-02 800743783 24,500.00 24,500.00 06/12/98 05/12/13 179.34 06/12/98 30.1 10.200 266.28
236-02 800743809 229,500.00 229,500.00 05/16/98 04/16/28 358.49 06/16/98 90.0 11.700 2,307.80
236-02 800744039 45,000.00 45,000.00 05/17/98 04/17/28 358.52 06/17/98 90.0 10.400 408.27
236-02 800744070 51,750.00 51,750.00 06/27/98 05/27/13 179.84 06/27/98 75.0 10.850 486.97
236-02 800744112 34,850.00 34,850.00 05/22/98 04/22/13 178.68 05/22/98 84.8 12.650 376.00
236-02 800744203 34,860.00 34,778.28 05/27/98 04/27/13 178.85 06/27/98 79.9 12.850 437.63
236-02 800744278 28,500.00 28,500.00 06/01/98 05/01/13 179.00 06/01/98 72.1 10.100 252.22
236-02 800744344 29,000.00 29,000.00 05/13/98 04/13/13 178.39 06/13/98 89.6 11.950 297.18
236-02 800744369 65,700.00 65,700.00 05/13/98 04/13/13 178.39 06/13/98 90.0 10.650 608.36
236-02 800744393 32,350.00 32,227.36 06/01/98 05/01/13 179.00 07/01/98 84.9 11.800 384.10
236-02 800744450 58,500.00 58,500.00 05/24/98 04/24/28 358.75 05/24/98 90.0 11.700 588.26
236-02 800744468 117,600.00 117,598.33 05/06/98 04/06/28 358.16 06/06/98 80.0 13.100 1,310.09
236-02 800744567 65,450.00 65,450.00 05/08/98 04/08/28 358.22 06/08/98 85.0 9.900 569.54
236-02 800744633 15,300.00 15,262.34 05/22/98 04/22/18 238.68 06/22/98 84.9 12.100 169.53
236-02 800744658 72,000.00 72,000.00 06/15/98 05/15/13 179.44 06/15/98 90.0 9.250 592.33
236-02 800744732 23,500.00 23,500.00 06/21/98 05/21/28 359.64 06/21/98 79.9 10.000 206.23
236-02 800744815 147,600.00 147,469.44 06/01/98 05/01/28 359.00 07/01/98 80.0 9.150 1,203.59
236-02 800744831 112,950.00 112,950.00 05/30/98 04/30/28 358.95 05/30/98 90.0 10.650 1,045.89
236-02 800744914 80,325.00 80,325.00 05/27/98 04/27/28 358.85 05/27/98 85.0 10.250 719.79
236-02 800744989 81,000.00 80,755.86 06/01/98 05/01/13 179.00 07/01/98 89.7 10.400 890.36
236-02 800745150 23,600.00 23,600.00 06/06/98 05/06/18 239.15 06/06/98 75.0 11.250 247.62
236-02 800745200 32,000.00 31,857.25 05/06/98 04/06/08 118.16 06/06/98 79.9 12.100 460.96
236-02 800745226 23,350.00 23,309.92 05/17/98 04/17/18 238.52 06/17/98 89.7 11.950 256.29
236-02 800745259 100,800.00 100,785.43 05/03/98 04/03/28 358.06 06/03/98 90.0 11.400 990.53
236-02 800745606 87,500.00 87,500.00 05/14/98 04/14/13 178.42 06/14/98 79.9 10.900 826.68
236-02 800745630 81,900.00 81,900.00 06/05/98 05/05/13 179.11 06/05/98 90.0 10.650 758.37
236-02 800745937 50,000.00 50,000.00 06/01/98 05/01/13 179.00 06/01/98 34.3 10.100 540.37
236-02 800746083 14,500.00 14,427.16 05/01/98 04/01/13 178.00 06/01/98 71.8 9.700 153.17
236-02 800746240 26,000.00 26,000.00 06/01/98 05/01/13 179.00 06/01/98 37.1 12.590 279.30
236-02 800746430 25,000.00 25,000.00 06/06/98 05/06/13 179.15 06/06/98 74.6 10.350 274.03
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 17 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800746547 EDWARDS THOMAS E 13681 NORTH 82ND AVENUE PEORIA AZ 85381
236-02 800746554 CLARK GARY W 5195 58TH STREET NORTH KENNETH CITY FL 33709
236-02 800746612 BLIX VICTOR E IV 1012 ST CHARLES AVE ATLANTA GA 30309
236-02 800746661 LARSON JAMES P 6920 ROPERS POINT COLORADO SPRINGS CO 80908
236-02 800746687 MARKOPOULOS MARIA 1899 MOURNING DOVE DRIVE PALM HARBOR FL 34683
236-02 800746745 CONNELL PAUL RT 3 BOX 103F MONTICELLO FL 32344
236-02 800746844 REED RONALD L 509 EAST CENTER GERMANTOWN OH 45327
236-02 800746984 MANDLEMAN LORNE F 550 ORTEGA AVE #B326 MOUNTAIN VIEW CA 94040
236-02 800747073 KOPP CORY 317 MEILE LANE #B EDWARDS CO 81632
236-02 800747446 MURRAY DENNIS LEROY 2727 FOXIANNA ROAD MIDDLETOWN PA 17057
236-02 800747461 MENACHO GUILLERMO 3332 FREEDOM PLACE FALLS CHURCH VA 22041
236-02 800747594 WOELK BEN 164 COWPEN LANE SARASOTA FL 34240
236-02 800747669 REINECK DAVID A 244 FERDON CIRCLE PORT CHARLOTTE FL 33954
236-02 800748063 GREEN MICHAEL K 2304 GOLF MANOR BOULEVARD VALRICO FL 33594
236-02 800748089 COFFRIN WILLIAM STANLEY 506 MAIN STREET HULMEVILLE PA 19047
236-02 800748162 LEROUX CHERI L 1705 PAM CIRCLE ORLANDO FL 32809
236-02 800748337 HODGE CINDEE 2017 ARDMORE ROAD WEST PALM BEACH FL 33409
236-02 800748378 ISMAEL ANTHONY H 95 NEWPORT STREET BROOKLYN NY 11212
236-02 800748451 GOODMAN CHARLEEN G 3660 LANG ROAD YULEE FL 32097
236-02 800748519 KANG HYON AE 4907 B DORSEY HALL DRIVE 2 ELLICOTT CITY MD 21042
236-02 800748600 MORENO JUAN Q 721 ELIZABETH STREET WEST CHICAGO IL 60185
236-02 800748873 RIVIEZZO BLASIE 29 CLEVELAND STREET ISLIP TERRACE NY 11752
236-02 800748956 GUY GERTRUDE 1505 NORTH COLLINGTON AVE BALTIMORE MD 21213
236-02 800749046 SMITH AUBREY O JR 204 EAST 1ST AVENUE PAMPLICO SC 29583
236-02 800749319 DEMEL CHRISANTHI 2112- 2116 WEST 242ND STRE LOMITA CA 90717
236-02 800749327 KOVACS JOZSEF 2111 NORTH GORDON STREET PLANT CITY FL 33566
236-02 800749418 MCCLEARY CHER D 6723 WOODFIELD DRIVE CHARLOTTE NC 28215
236-02 800749731 HARDER THOMAS 2640 50TH AVENUE NORTH ST PETERSBURG FL 33714
236-02 800749772 WARRINGTON INEZ 9045 KING ROAD FORT MYERS FL 33912
236-02 800749848 JUTILLA DEAN R 1076 COLLEGE AVENUE PALO ALTO CA 94306
236-02 800750002 PIERCE WAYNE C II 12565 VRAIN STREET BROOMFIELD CO 80020
236-02 800750127 MEANS GUY H 2312 GATES DRIVE TALLAHASSEE FL 32312
236-02 800750135 BAIER THOMAS E 2060 SPARLING RD KINGSLEY MI 49649
236-02 800750366 SIMPSON MARY B 1024 DAYTONA DR NORTHEAST PALM BAY FL 32905
236-02 800750390 CASKIE WILLIAM J JR 6 KENDALL STREET WALPOLE MA 02081
236-02 800750416 PEREZ DANIEL D. 2415 N. LUNA STREET CHICAGO IL 60639
236-02 800750689 RUEDT WALTER A 1101 PINES LAKE DRIVE WEST WAYNE NJ 07470
236-02 800750754 MARTINEZ AUGUSTO 7216 WAYNE DRIVE ANNANDALE VA 22003
236-02 800750788 WILLIS MAGGIE 9409 MARAH AVENUE CLEVELAND OH 44104
236-02 800750838 TORRES AIDA MARGOT 1555 CALAIS DRIVE MIAMI BEACH FL 33141
236-02 800751232 MARUSTER LISA A 771 MCKEE TRAIL HINCKLEY OH 44233
236-02 800751364 CHAPMAN DEB M 565 6TH STREET SOUTHEAST NAPLES FL 34120
236-02 800751422 COSTELLO KIERAN J 841 EAST BROADWAY MILFORD CT 06460
236-02 800751497 SHIPPEE WADE 123 MARCONI AVENUE BRISTOL CT 06010
236-02 800751562 ALBRIGHT LAWRENCE J 2556 CORBETT ROAD PENNSAUKEN NJ 08109
236-02 800751745 MERGRUEN FRED 468 ALBERMARLE ROAD CEDARHURST NY 11516
236-02 800751950 CARTIER LISA 23 COOPER STREET LAKE GEORGE NY 12845
236-02 800752016 SHUTTLER KURT A 24086 SMITH AVENUE WESTLAKE OH 44145
236-02 800752107 HANDLER ROBERT 11 SHAKER RIDGE LANE EAST NORTHPORT NY 11731
236-02 800752149 MCNULTY JAMES MICHAEL 96 MARSHALL DRIVE SELDEN NY 11784
236-02 800752271 BRADFORD BERT III 537 SALISBURY STREET MOCKSVILLE NC 27028
236-02 800752925 BLACK RUTH E 7564 SOUTH OLD OAKS DRIVE FLORAL CITY FL 34436
236-02 800753808 HEDSPETH CLAUDE COLLINS 22502 SMOKEY HILL KATY TX 77450
236-02 800753832 JONES JOSEPH L jr 911 WEST CHESTER PIKE WEST CHESTER PA 19382
236-02 800753865 SPRINGER VICTOR A 403 HANCOCK STREET BROOKLYN NY 11216
236-02 800753899 ZAMORA MICHAEL 588 RIDGE ROAD SOUTH BRUNSWICK NJ 08852
236-02 800754053 PATEL NIRANJAN P 1313 FOGGY BOTTOM DRIVE SALISBURY MD 21801
236-02 800754384 ABEYTA THOMAS C 13691 EAST ALASKA PLACE AURORA CO 80012
236-02 800754475 ADKINS JOHN B 11913 NW KERRY ST COON RAPIDS MN 55433
236-02 800754574 HOWELLS LINDA A 462 DELAWARE STREET PECKVILLE PA 18452
236-02 800754798 GREENE PAMELA H 8206 MORGAN MILL ROAD MONROE NC 28110
236-02 800754889 ELLERBE BESSIE W 510 WEST BAPTIST STREET MARION SC 29571
236-02 800754913 BASS ARLENA 7949 PAUL JONES DRIVE JACKSONVILLE FL 32208
236-02 800755068 RAPLEE CARMEN 3 CUSHING GREEN NORTH PAWLING NY 12564
236-02 800755100 LOYD PEGGY S 10101 HAMLIN BOULEVARD SEMINOLE FL 33776
236-02 800755126 NELSON SANDRA 11781 LAERTES LANE NAPLES FL 34114
236-02 800755308 HOHMANN INGRID 90 OLD FORGE ROAD SCITUATE MA 02066
236-02 800755480 CROLEY HORACE JAMES 8833 CROOK HOLLOW ROAD PANAMA CITY FL 32404
236-02 800755522 ROLLINS CALVIN C 9105 VAN BUREN AVENUE JACKSONVILLE FL 32208
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800746547 24,800.00 24,489.50 05/01/98 04/01/13 178.00 07/01/98 84.9 10.200 269.55
236-02 800746554 20,200.00 20,097.55 05/20/98 04/20/13 178.62 06/20/98 84.6 11.600 237.26
236-02 800746612 482,931.00 482,931.00 05/10/98 04/10/28 358.29 06/10/98 69.9 10.100 4,273.79
236-02 800746661 42,000.00 42,000.00 06/01/98 05/01/18 239.00 06/01/98 72.6 10.500 419.32
236-02 800746687 104,000.00 103,956.00 05/08/98 04/08/13 178.22 06/08/98 80.0 12.000 1,069.76
236-02 800746745 23,000.00 23,000.00 06/05/98 05/05/08 119.11 06/05/98 58.9 10.500 310.35
236-02 800746844 80,800.00 80,797.48 05/21/98 04/21/13 178.65 06/21/98 80.0 12.850 884.35
236-02 800746984 25,000.00 24,940.65 06/01/98 05/01/13 179.00 07/01/98 84.6 9.500 261.06
236-02 800747073 41,750.00 41,750.00 06/01/98 05/01/13 179.00 06/01/98 84.9 12.650 518.66
236-02 800747446 80,000.00 80,000.00 06/08/98 05/08/28 359.21 06/08/98 73.3 11.950 819.81
236-02 800747461 26,200.00 26,200.00 05/24/98 04/24/13 178.75 06/24/98 85.0 11.850 266.48
236-02 800747594 30,000.00 29,847.23 05/10/98 04/10/13 178.29 06/10/98 85.0 9.400 311.46
236-02 800747669 38,500.00 38,500.00 06/01/98 05/01/13 179.00 06/01/98 88.6 10.400 423.19
236-02 800748063 135,925.00 135,925.00 05/09/98 04/09/18 238.26 06/09/98 83.3 10.750 1,379.95
236-02 800748089 129,600.00 129,457.38 05/06/98 04/06/28 358.16 06/06/98 90.0 10.150 1,151.72
236-02 800748162 85,000.00 84,812.15 05/21/98 04/21/18 238.65 06/21/98 85.0 10.600 854.34
236-02 800748337 61,200.00 61,087.99 05/15/98 04/15/28 358.45 06/15/98 85.0 8.900 488.03
236-02 800748378 176,400.00 176,095.58 04/11/98 03/11/28 357.30 06/11/98 90.0 11.350 1,726.71
236-02 800748451 85,500.00 85,500.00 05/24/98 04/24/28 358.75 05/24/98 90.0 11.400 840.18
236-02 800748519 47,900.00 47,856.16 05/20/98 04/20/18 238.62 06/20/98 79.9 9.850 457.49
236-02 800748600 42,000.00 42,000.00 05/15/98 04/15/13 178.45 06/15/98 84.9 11.250 407.93
236-02 800748873 115,000.00 115,000.00 06/11/98 05/11/13 179.31 06/11/98 79.3 8.000 1,099.00
236-02 800748956 40,413.00 40,413.00 06/04/98 05/04/28 359.08 06/04/98 70.9 9.250 332.47
236-02 800749046 26,400.00 26,270.34 06/05/98 05/05/13 179.11 08/05/98 66.0 9.750 279.67
236-02 800749319 45,000.00 45,000.00 07/01/98 06/01/18 240.00 07/01/98 78.7 10.775 457.61
236-02 800749327 20,000.00 19,886.58 05/15/98 04/15/08 118.45 06/15/98 68.2 8.400 246.90
236-02 800749418 80,100.00 80,100.00 05/21/98 04/21/28 358.65 05/21/98 90.0 10.900 756.76
236-02 800749731 38,200.00 38,146.67 05/21/98 04/21/28 358.65 06/21/98 84.8 11.500 378.29
236-02 800749772 38,000.00 37,949.14 05/14/98 04/14/13 178.42 06/14/98 48.7 8.250 368.65
236-02 800749848 33,500.00 33,500.00 06/01/98 05/01/13 179.00 06/01/98 85.0 9.500 281.69
236-02 800750002 40,500.00 40,500.00 06/01/98 05/01/13 179.00 06/01/98 89.9 10.900 382.63
236-02 800750127 62,600.00 62,430.29 05/20/98 04/20/08 118.62 06/20/98 79.9 9.650 815.18
236-02 800750135 50,000.00 49,996.26 06/01/98 05/01/28 359.00 07/01/98 50.5 12.250 523.95
236-02 800750366 54,400.00 53,280.37 05/15/98 04/15/13 178.45 09/15/98 77.7 8.650 424.09
236-02 800750390 18,500.00 18,500.00 06/12/98 05/12/13 179.34 06/12/98 82.0 10.000 162.35
236-02 800750416 56,600.00 56,600.00 06/28/98 05/28/13 179.87 06/28/98 89.9 10.900 534.74
236-02 800750689 95,000.00 94,915.93 05/07/98 04/07/13 178.19 06/07/98 36.5 8.750 949.48
236-02 800750754 50,000.00 49,976.84 05/20/98 04/20/13 178.62 06/20/98 89.7 11.150 573.02
236-02 800750788 51,000.00 51,000.00 06/11/98 05/11/13 179.31 06/11/98 85.0 11.350 499.22
236-02 800750838 15,000.00 15,000.00 05/24/98 04/24/08 118.75 05/24/98 68.6 10.600 203.24
236-02 800751232 318,700.00 318,057.94 05/27/98 04/27/13 178.85 06/27/98 84.9 11.350 3,119.63
236-02 800751364 93,500.00 93,500.00 05/14/98 04/14/13 178.42 06/14/98 85.0 10.350 844.81
236-02 800751422 63,750.00 63,750.00 06/04/98 05/04/18 239.08 06/04/98 82.8 11.850 695.29
236-02 800751497 10,100.00 10,100.00 05/24/98 04/24/13 178.75 05/24/98 85.9 12.990 127.72
236-02 800751562 32,819.00 32,753.24 05/13/98 04/13/13 178.39 06/13/98 85.0 11.990 393.67
236-02 800751745 65,000.00 65,000.00 05/08/98 04/08/18 238.22 06/08/98 75.8 10.900 666.50
236-02 800751950 84,000.00 83,978.50 05/13/98 04/13/13 178.39 06/13/98 75.0 12.500 896.50
236-02 800752016 127,000.00 127,000.00 06/06/98 05/06/13 179.15 06/06/98 84.6 8.650 990.05
236-02 800752107 195,000.00 195,000.00 06/06/98 05/06/28 359.15 06/06/98 72.2 8.900 1,555.00
236-02 800752149 40,000.00 40,000.00 07/01/98 06/01/28 360.00 07/01/98 38.8 7.750 286.56
236-02 800752271 140,000.00 140,000.00 06/04/98 05/04/28 359.08 06/04/98 69.6 9.150 1,141.61
236-02 800752925 40,000.00 40,000.00 05/27/98 04/27/28 358.85 05/27/98 45.9 10.850 376.40
236-02 800753808 15,660.00 15,660.00 06/01/98 05/01/18 239.00 06/01/98 89.9 10.650 157.93
236-02 800753832 84,000.00 84,000.00 05/27/98 04/27/28 358.85 05/27/98 75.0 8.400 639.94
236-02 800753865 115,000.00 115,000.00 04/24/98 03/24/28 357.73 06/24/98 79.3 13.050 1,276.63
236-02 800753899 49,300.00 49,129.04 05/22/98 04/22/13 178.68 06/22/98 84.9 11.800 585.35
236-02 800754053 12,420.00 12,420.00 06/06/98 05/06/18 239.15 06/06/98 90.0 10.400 123.17
236-02 800754384 25,000.00 24,803.53 05/27/98 04/27/13 178.85 06/27/98 79.8 14.150 335.46
236-02 800754475 10,000.00 10,000.00 06/26/98 05/26/13 179.80 06/26/98 75.0 11.350 115.87
236-02 800754574 80,800.00 80,800.00 06/04/98 05/04/28 359.08 06/04/98 80.0 8.900 644.33
236-02 800754798 45,750.00 45,750.00 06/08/98 05/08/13 179.21 06/08/98 75.0 12.750 571.34
236-02 800754889 46,325.00 46,231.14 06/01/98 05/01/28 359.00 07/01/98 85.0 11.500 458.75
236-02 800754913 21,600.00 21,600.00 06/01/98 05/01/13 179.00 06/01/98 79.9 11.850 257.16
236-02 800755068 117,215.00 117,185.00 04/05/98 03/05/13 177.11 06/05/98 85.0 12.500 1,250.99
236-02 800755100 50,000.00 50,000.00 06/01/98 05/01/13 179.00 06/01/98 78.2 12.100 603.30
236-02 800755126 40,000.00 35,487.43 05/08/98 04/08/13 178.22 09/08/98 69.1 9.250 411.68
236-02 800755308 38,000.00 37,896.02 05/15/98 04/15/13 178.45 06/15/98 79.9 12.500 468.36
236-02 800755480 57,600.00 57,470.88 05/17/98 04/17/18 238.52 06/17/98 90.0 10.150 561.59
236-02 800755522 56,000.00 55,786.90 05/22/98 04/22/13 178.68 06/22/98 80.0 8.400 548.18
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 18 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800755597 YEADON JOSEPH 48 TELFORD STREET EAST ORANGE NJ 07018
236-02 800755662 BENTLEY LAURIE PATRICIA 312 CHESTNUT HILL ROAD COLCHESTER CT 06415
236-02 800755779 WRIGHT WILLIAM J 14 WAVERLY ROAD SHIRLEY NY 11967
236-02 800756033 MCDONALD JOHN L RT 2 BOX 145 GREENVILLE FL 32331
236-02 800756082 DICK OLYNE 643 NORTH 31ST STREET NEW CASTLE IN 47362
236-02 800756090 BRANDT PATRICIA A 3945 SOUTH RICHFIELD WAY AURORA CO 80013
236-02 800756256 LOUDER WESLEY 351 WEST 105TH PLACE CHICAGO IL 60628
236-02 800756694 PFANNERSTILL WILLIAM J 3208 JONESBORO DRIVE NASHVILLE TN 37202
236-02 800756751 GREENWELL WILLIAM H 5745 NORTH LICK CREEK ROAD FRANKLIN TN 37064
236-02 800756827 ZIMMERMAN SUSAN L 2123 JUDSON STREET LONGMONT CO 80501
236-02 800757114 GOLEMBIEWSKI EDMUND S 56 WESLEYAN DRIVE READING PA 19607
236-02 800757304 WILKINSON WAYNE V 7212 WINDING WAY WAKE FOREST NC 27587
236-02 800757395 TOMLINSON ROBERT E 7801 HAY MARKET LANE RALEIGH NC 27615
236-02 800757858 SAYLER RICK A 12 CRYSTAL TREE COURT WEST SENECA NY 14224
236-02 800757866 BROWN JAMES C 1168 ABBEY PLACE NE WASHINGTON DC 20002
236-02 800757874 JAMES DINO 919 MILL RUN WEST COLUMBIA SC 29169
236-02 800757973 MATTHEWS LEONIDAS 3419 DARLINGTON ROAD HOLIDAY FL 34691
236-02 800758013 BENBROOK THOMAS E 8151 FRISCO WAY INDIANAPOLIS IN 46240
236-02 800758120 DUCHEMIN SEAN E 46 TUB-OARSMANS ROAD EAST HAMPTON NY 11937
236-02 800758161 MILLER PATRICIA R 1246 NORTH LIBERTY AVENUE OGDEN UT 84404
236-02 800758369 REYES FRANCISCO 4938 S WINCHESTER AVENUE CHICAGO IL 60609
236-02 800758757 FLOWERS CHARLES J JR 2264 ANCHOR AVENUE SPRING HILL FL 34608
236-02 800758922 FERNANDEZ JOSE R 8602 VIVIAN BASS WAY ODESSA FL 33556
236-02 800758963 ZLOBINSKY ARKADY 2259 24TH AVENUE SAN FRANCISCO CA 94116
236-02 800759193 JERDAN FRED S 278 TOWNLINE ROAD NEWFIELD NY 14867
236-02 800759300 EDINGER KENNETH DALE 1111 MARS EVANS CITY ROAD MARS PA 16046
236-02 800759466 LAMBERT BRAD J 525 EAST NEVERSINK READING PA 19606
236-02 800759474 CARTER MICHAEL J 6274 VALROY DRIVE SAN JOSE CA 95123
236-02 800759672 HARRIS OLLIE M RT 6 BOX 2585 QUINCY FL 32351
236-02 800759706 MARTINEZ GLORIA 455 WEST PRINCESS STREET YORK PA 17404
236-02 800760076 SOLOMON CHARLES J 2801 SHELLBARK ROAD DECATUR GA 30035
236-02 800760233 GARCIA ANTONIO JR 2746 AVENUE P NORTHEAST WINTER HAVEN FL 33881
236-02 800760241 ULLOA MILEDY 101 26 39TH AVENUE CORONA NY 11368
236-02 800760415 BALNIS ARTHUR J 7724 BARRY COURT SEMINOLE FL 33772
236-02 800760456 LOUISIUS ERICK P 1558 LINE STREET DECATUR GA 30032
236-02 800760464 STRINGHAM BRIANT S 2433-2439 FISHER LANE SALT LAKE CITY UT 84109
236-02 800760498 PUENTE GERARDO B 91 FOREST ROAD DUMONT NJ 07628
236-02 800760589 LOUDER WESLEY 322 WEST 105TH STREET CHICAGO IL 60628
236-02 800760811 PAONI ANTHONY 434 ARLINGTON STREET READING PA 19601
236-02 800760845 YOURICK MARK 1166 CARNAHAN ROAD PITTSBURGH PA 15216
236-02 800760944 SURACI RICHARD RR 3 BOX 3258 UNIONDALE PA 18470
236-02 800761132 IRONS JOHN L 6800 MOUNT OLIVE COURT CENTREVILLE VA 20121
236-02 800761231 LUNA LUIS E 606 BROWN STREET ROME GA 30162
236-02 800761272 WILSON KAREN KAHN 9215 QUINTANA DRIVE BETHESDA MD 20817
236-02 800761470 JARET HAROLD 20 EAST KISSIMEE ROAD LINDENHURST NY 11757
236-02 800761496 HOLLINGSWORT BETTY J 9061 LISERING CIRCLE INDIANAPOLIS IN 46256
236-02 800761603 LOUISIUS ERICK P 1554 LINE STREET DECATUR GA 30032
236-02 800761611 RADFORD BENJAMIN G 2537 LAUREL MILL ROAD LOUISBURG NC 27549
236-02 800761785 BRADLEY EDDIE 2923 BALL PARK ROAD EFFINGHAM SC 29541
236-02 800761884 BOLUTAYO BANKOLE 2020 N CAPITOL STREET NW WASHINGTON DC 20001
236-02 800761942 HAMILTON PAUL S 820 SOUTH PINE STREET TACOMA WA 98405
236-02 800762122 COLES SCOTT C 1462 NORTH 1090 WEST OREM UT 84057
236-02 800762247 GATES JESSE J JR 1565 THREE BRANCHES ROAD LUGOFF SC 29045
236-02 800762288 FOLKS WILLIE J 1213 HOLLAND STREET WEST COLUMBIA SC 29169
236-02 800762460 DEMATTIA LAWRENCE P 17024 TERRAVERDE CIRCLE FORT MYERS FL 33908
236-02 800762478 CAPOLINO CARMEN 504 LANDING AVENUE SMITHTOWN NY 11787
236-02 800762486 MCPHERSON ANNIE L 22 CRESSWELL AVENUE BEDFORD OH 44146
236-02 800762551 SWARTZ SYLVIA G 118 FULTON SPRING ROAD MEDFORD MA 02155
236-02 800762700 CHEMERYS GERALD M 2417 BROOKDALE AVENUE ROSLYN PA 19001
236-02 800762841 NADEMUS DEBORAH 7742 36TH LANE EAST SARASOTA FL 34243
236-02 800762973 JONES MARCUS C 3529 HIGHWAY 441 SOUTH DUBLIN GA 31021
236-02 800763153 DUGGER THERESA M 19 LINCOLN ROAD LAKE RONKONKOMA NY 11779
236-02 800763187 MORGAN GEORGE E 1951 S IDAHO STREET ALLENTOWN PA 18103
236-02 800763229 PLEITEZ EMILIO L 2407 SOUTHEAST DAVIS BLVD FORT MYERS FL 33905
236-02 800763252 SAULNIER SHELLY P 16071 SAM C ROAD BROOKSVILLE FL 34613
236-02 800763369 NAVIAUX JAMES L 606 EL PINTADO RD DANVILLE CA 94526
236-02 800763476 BEAN ROBERT A II 17255 NICKS DRIVE SPRING HILL FL 34610
236-02 800763922 ACKERMAN WILLIAM J 550 SHEFFIELD AVE ENCINITAS CA 92007
236-02 800763948 PRICE DEBORAH J 233 LOBINGER AVENUE NORTH BRADDOCK PA 15104
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800755597 47,025.00 47,025.00 05/02/98 04/02/13 178.03 05/02/98 75.0 12.990 519.82
236-02 800755662 90,000.00 89,852.48 06/04/98 05/04/28 359.08 07/04/98 65.2 9.350 746.94
236-02 800755779 63,750.00 63,750.00 06/18/98 05/18/13 179.54 06/18/98 85.0 13.250 717.68
236-02 800756033 41,250.00 41,045.02 05/14/98 04/14/08 118.42 06/14/98 75.0 10.100 547.41
236-02 800756082 72,000.00 72,000.00 06/06/98 05/06/28 359.15 06/06/98 90.0 10.400 653.23
236-02 800756090 25,189.00 25,189.00 05/17/98 04/17/13 178.52 05/17/98 80.0 14.000 298.46
236-02 800756256 52,000.00 52,000.00 06/06/98 05/06/13 179.15 06/06/98 80.0 10.150 462.11
236-02 800756694 73,000.00 72,753.71 05/08/98 04/08/18 238.22 06/08/98 69.5 10.650 736.19
236-02 800756751 44,000.00 43,962.27 05/17/98 04/17/18 238.52 06/17/98 77.7 11.750 476.83
236-02 800756827 26,900.00 26,900.00 06/01/98 05/01/13 179.00 06/01/98 84.9 11.350 311.68
236-02 800757114 100,100.00 99,989.15 05/28/98 04/28/13 178.88 06/28/98 87.0 9.900 871.06
236-02 800757304 122,500.00 122,500.00 06/13/98 05/13/13 179.38 06/13/98 70.0 8.050 1,174.21
236-02 800757395 152,000.00 152,000.00 06/08/98 05/08/28 359.21 06/08/98 78.7 9.600 1,289.20
236-02 800757858 29,800.00 29,800.00 06/01/98 05/01/18 239.00 06/01/98 82.6 10.850 304.56
236-02 800757866 76,400.00 76,400.00 06/06/98 05/06/13 179.15 06/06/98 80.0 9.600 647.99
236-02 800757874 100,300.00 100,300.00 05/22/98 04/22/28 358.68 05/22/98 85.0 11.850 1,020.13
236-02 800757973 16,400.00 16,313.61 06/01/98 05/01/13 179.00 07/01/98 78.8 13.100 208.58
236-02 800758013 31,700.00 31,665.65 05/13/98 04/13/13 178.39 06/13/98 78.5 11.100 304.28
236-02 800758120 136,000.00 136,000.00 05/08/98 04/08/13 178.22 06/08/98 85.0 11.650 1,362.38
236-02 800758161 12,000.00 12,000.00 06/01/98 05/01/13 179.00 06/01/98 86.1 11.950 143.63
236-02 800758369 40,000.00 40,000.00 06/27/98 05/27/13 179.84 06/27/98 80.0 10.000 429.84
236-02 800758757 41,700.00 41,539.34 06/01/98 05/01/13 179.00 07/01/98 89.8 10.650 464.84
236-02 800758922 190,000.00 189,690.82 05/27/98 04/27/18 238.85 06/27/98 80.1 7.750 1,559.80
236-02 800758963 67,500.00 67,379.98 06/01/98 05/01/13 179.00 07/01/98 85.0 12.650 728.26
236-02 800759193 33,700.00 33,700.00 06/01/98 05/01/13 179.00 06/01/98 84.9 10.500 308.27
236-02 800759300 23,000.00 22,910.94 06/01/98 05/01/13 179.00 07/01/98 42.5 10.350 252.11
236-02 800759466 15,200.00 15,176.58 05/27/98 04/27/13 178.85 06/27/98 84.9 11.750 179.99
236-02 800759474 44,000.00 44,000.00 06/01/98 05/01/13 179.00 06/01/98 75.4 10.400 483.65
236-02 800759672 11,000.00 10,994.03 05/24/98 04/24/13 178.75 06/24/98 84.6 11.850 130.96
236-02 800759706 28,000.00 28,000.00 06/01/98 05/01/13 179.00 06/01/98 80.0 9.750 240.56
236-02 800760076 40,200.00 40,199.98 05/07/98 04/07/13 178.19 06/07/98 60.0 11.750 405.78
236-02 800760233 41,900.00 41,728.72 06/01/98 05/01/13 179.00 07/01/98 58.1 7.900 398.00
236-02 800760241 180,000.00 179,461.27 05/27/98 04/27/13 178.85 06/27/98 80.0 9.000 1,448.32
236-02 800760415 76,275.00 76,123.82 05/23/98 04/23/28 358.72 06/23/98 90.0 10.900 720.63
236-02 800760456 42,700.00 42,666.71 05/15/98 04/15/13 178.45 06/15/98 70.0 11.100 409.87
236-02 800760464 19,500.00 19,500.00 06/01/98 05/01/13 179.00 06/01/98 89.8 10.750 182.03
236-02 800760498 144,000.00 144,000.00 05/24/98 04/24/13 178.75 05/24/98 80.0 11.800 1,459.07
236-02 800760589 54,400.00 54,400.00 06/06/98 05/06/13 179.15 06/06/98 80.0 10.150 483.44
236-02 800760811 47,100.00 47,100.00 06/14/98 05/14/28 359.41 06/14/98 84.8 11.500 466.43
236-02 800760845 17,200.00 17,164.82 04/11/98 03/11/13 177.30 06/11/98 83.9 11.800 204.23
236-02 800760944 19,129.00 19,129.00 06/18/98 05/18/13 179.54 06/18/98 85.0 11.750 226.51
236-02 800761132 26,750.00 26,721.59 05/23/98 04/23/13 178.72 06/23/98 83.8 12.350 327.09
236-02 800761231 54,000.00 54,000.00 06/12/98 05/12/28 359.34 06/12/98 90.0 10.900 510.18
236-02 800761272 75,000.00 75,000.00 06/13/98 05/13/13 179.38 06/13/98 79.9 10.100 663.73
236-02 800761470 103,000.00 102,847.48 05/20/98 04/20/18 238.62 06/20/98 76.2 8.400 887.35
236-02 800761496 25,500.00 25,500.00 05/13/98 04/13/18 238.39 06/13/98 79.7 10.850 260.61
236-02 800761603 46,900.00 46,863.43 05/15/98 04/15/13 178.45 06/15/98 70.0 11.100 450.19
236-02 800761611 32,200.00 32,066.76 05/17/98 04/17/13 178.52 06/17/98 79.6 10.850 362.96
236-02 800761785 70,200.00 70,113.09 05/21/98 04/21/28 358.65 08/21/98 90.0 10.650 650.03
236-02 800761884 128,700.00 128,483.36 05/10/98 04/10/28 358.29 06/10/98 90.0 10.900 1,215.92
236-02 800761942 34,250.00 34,250.00 07/01/98 06/01/13 180.00 07/01/98 84.4 11.850 348.35
236-02 800762122 16,482.00 16,482.00 06/01/98 05/01/13 179.00 06/01/98 69.9 10.000 177.12
236-02 800762247 108,000.00 108,000.00 05/17/98 04/17/28 358.52 06/17/98 90.0 9.500 908.12
236-02 800762288 37,500.00 37,500.00 06/15/98 05/15/13 179.44 06/15/98 75.0 9.850 399.54
236-02 800762460 63,200.00 63,200.00 06/01/98 05/01/28 359.00 06/01/98 80.0 10.850 594.72
236-02 800762478 35,000.00 34,878.04 05/24/98 04/24/28 358.75 06/24/98 20.5 9.600 296.86
236-02 800762486 76,800.00 76,511.95 06/08/98 05/08/18 239.21 07/08/98 80.0 7.750 630.49
236-02 800762551 71,500.00 71,475.32 05/10/98 04/10/13 178.29 06/10/98 63.9 11.150 689.03
236-02 800762700 94,500.00 94,441.50 05/27/98 04/27/13 178.85 06/27/98 85.9 8.950 756.97
236-02 800762841 22,000.00 21,854.81 06/08/98 05/08/13 179.21 07/08/98 74.1 11.850 223.76
236-02 800762973 44,800.00 44,800.00 06/13/98 05/13/28 359.38 06/13/98 80.3 11.350 438.53
236-02 800763153 140,250.00 140,250.00 06/01/98 05/01/28 359.00 06/01/98 85.0 11.500 1,388.88
236-02 800763187 37,000.00 36,948.62 06/01/98 05/01/13 179.00 07/01/98 66.0 9.000 297.71
236-02 800763229 60,800.00 60,800.00 06/01/98 05/01/18 239.00 06/01/98 80.0 7.750 499.14
236-02 800763252 25,000.00 25,000.00 06/05/98 05/05/13 179.11 06/05/98 43.1 10.600 277.90
236-02 800763369 45,500.00 45,500.00 06/01/98 05/01/13 179.00 06/01/98 85.0 11.850 462.77
236-02 800763476 29,600.00 29,600.00 06/01/98 05/01/13 179.00 06/01/98 80.0 10.900 334.58
236-02 800763922 120,000.00 120,000.00 06/01/98 05/01/18 239.00 06/01/98 87.7 10.650 1,210.17
236-02 800763948 23,200.00 23,200.00 06/13/98 05/13/13 179.38 06/13/98 80.0 13.100 295.06
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 19 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800763971 SEALEY TRICIA 146 EAST 37TH STREET BROOKLYN NY 11203
236-02 800764318 ROSSI LOUIS J 3920 QUARTER HORSE WEST LAKE WALES FL 33853
236-02 800764367 GRANGER INGRID 2788 OAKRIDGE ROAD TALLAHASSEE FL 32310
236-02 800764599 BOTELHO KRISTINE 3291 OWASSO HEIGHTS DRIVE SHOREVIEW MN 55126
236-02 800764680 YOUMAN LILLIE A 316 PATTON STREET QUINCY FL 32351
236-02 800764698 ALTOPIEDI PHILIP J 1712 WILDWOOD COURT TAMPA FL 33604
236-02 800765000 MAHONEY MARGARET E 6202 NORTH HUBERT AVENUE TAMPA FL 33614
236-02 800765133 HAMILTON RICHARD TROY 11043 STANLEY CURVE BLOOMINGTON MN 55437
236-02 800765513 STEVENSON JAMES A 873 BACHMAN DYKES ROAD SWANSEA SC 29160
236-02 800765646 WILLIAMS MAJOR 1816 KINSAUL WILLOUGHBY RD GREENVILLE NC 27834
236-02 800765679 TERRY CHARLES M 10611 MAHOGANY COURT WALDORF MD 20601
236-02 800766107 PASQUARIELLO ANTHONY 1034 1036 RIVERVIEW STREET WHITEHALL PA 18052
236-02 800766149 PURVIS FELICIA 108 WOODLAND HILLS WHITE PLAINS NY 10603
236-02 800766289 BURRIS DAVID A 317 SOUTHEAST 23RD STREET CAPE CORAL FL 33990
236-02 800766305 HAYSLIP DAVID 1211 QUEEN STREET NORTH ST PETERSBURG FL 33713
236-02 800766321 BARNELL WENDELL A JR 2001 MARSHALL TRAIL SNELLVILLE GA 30078
236-02 800766370 BERGER ARNOLD RD 3 BOX 621 R CHESTNUT ST KUNKLETOWN PA 18058
236-02 800766396 KILLIANY STEPHEN L 11201 122ND AVENUE NORTH LARGO FL 33778
236-02 800766438 MURTAUGH RONALD E RR 2 BOX 1705 HONESDALE PA 18431
236-02 800766446 SMITH J RAY 15917 EAST MERCER CIRCLE AURORA CO 80013
236-02 800766479 KOENIGSFEST EDWARD R SR 19 ASPEN CIRCLE BARNEGAT NJ 08005
236-02 800766495 MACHOL KATHRYN K 400 39TH AVENUE NORTHEAST ST PETERSBURG FL 33703
236-02 800766636 CLOVEN GEORGE A 1714 WAGON WHEEL ROAD HARTSEL CO 80449
236-02 800766651 ZACK RICHARD P 54 LEONARD STREET GLENS FALLS NY 12801
236-02 800766818 SMITH ALAN E 2084 OREGON AVENUE REDWOOD CITY CA 94061
236-02 800766834 GHAFGHAICHI FARID 4151 BONESO CIRCLE SAN JOSE CA 95134
236-02 800766966 HOOD TRAVIS 6531 SPEIGHT DRIVE DALLAS TX 75232
236-02 800767014 GLASGOW RANDY C 02 MORPER ROAD EDGEWOOD NM 87015
236-02 800767105 ANDERSON LARRY E 864 S TAYLOR RD OTHELLO WA 99344
236-02 800767121 JOHNSON JAMES D 6841 NIAGARA STREET COMMERCE CITY CO 80022
236-02 800767238 KLINE BRYON 6111 SLATER DRIVE BROOKPARK OH 44142
236-02 800767410 STRAWBRIDGE THOMAS L 324 R WATER STREET MIDDLETOWN PA 17057
236-02 800767493 VESTING ALLEN R 400 WILDWOOD ROAD RONKONKOMA NY 11779
236-02 800767550 ANDRESE DOUGLAS S 4606 SAWGRASS BOULEVARD NEW PORT RICHEY FL 34653
236-02 800767667 VAUGHN FOY J 11605 OLD HILLSBOROUGH AVE SEFFNER FL 33584
236-02 800767725 RUTH ALAN L 1725 MAPLE AVENUE FOUNTAIN HILL PA 18015
236-02 800767741 ANDRUCKI GEORGE G 130 WALNUT ROAD KINGS PARK NY 11754
236-02 800768293 SMITH MELINDA 3001 14TH AVENUE SOUTH ST PETERSBURG FL 33712
236-02 800768384 BELL JANET S 28 GLOUCESTER BLOOMINGTON IL 61704
236-02 800768558 BURTON JOSEPH 9 RYANS WAY WEYMOUTH MA 02190
236-02 800768590 BURKE EUGENE W 5340 63RD AVENUE NORTH PINELLAS PARK FL 33781
236-02 800768707 PICKERSGILL VALDA 245-11 147TH ROAD ROSEDALE NY 11422
236-02 800768855 GUERRERO MARK A 5516 HUNTWICK DRIVE NW GIG HARBOR WA 98335
236-02 800769184 SHIRKEY DAVID A 2240 MORNINGSIDE DRIVE CLEARWATER FL 33764
236-02 800769291 STARR ROBERT JAMES 1941 SOUTHWEST 36TH AVENUE FORT LAUDERDALE FL 33312
236-02 800769341 NICOTRA SALVATORE P 5716 AVENUE L BROOKLYN NY 11234
236-02 800769358 DIEKMANN JACQUELINE 107 67TH STREET NORTHEAST BRADENTON FL 34208
236-02 800769713 BRADLEY MARY E 6701 PARTRIDGE DRIVE VENTURA CA 93003
236-02 800769804 SYMONDS JOEL W 240 29TH STREET SOUTHWEST NAPLES FL 34117
236-02 800769861 FAWCETT KEN R 846 PROSPECT STREET BUFFALO NY 14213
236-02 800769887 RICHARDSON CHERYL A 6019 SW VERMONT STREET PORTLAND OR 97219
236-02 800769952 AGAPITOV SERGEY 54 BEVERLY COURT FAIR LAWN NJ 07410
236-02 800770083 PEACOCK JOSHUA 2703 WEST CRENSHAW STREET TAMPA FL 33614
236-02 800770174 LEWIS BERNADETTE 1170 GREENE AVENUE BROOKLYN NY 11221
236-02 800770356 PERRYMAN BUR THEODORE 1045 COLT CIRCLE CASTLE ROCK CO 80135
236-02 800770539 LEWIS RONALD D 105 SHERWICK DRIVE ELIZABETH PA 15037
236-02 800770794 MORGAN MARGARET S 8611 HAMMOCK COURT TAMPA FL 33634
236-02 800771057 KATTOULA VICTOR 38838 PINEBROOK STERLING HEIGHTS MI 48310
236-02 800771123 BERGER ERNEST J 5803 AINSWORTH COURT EAST TAMPA FL 33647
236-02 800771164 SANCHEZ GUILLERMO 1061 EAST 19 STREET HIALEAH FL 33013
236-02 800771222 WILLIAMS DAVID B 14574 MAJESTIC EAGLE COURT FORT MYERS FL 33912
236-02 800771537 LAMARCA ROBERT L 106 COUNTRYSIDE DRIVE MCKEES ROCKS PA 15136
236-02 800771677 KOPESCHKA JOHN D 7314 SOUTH WEBSTER STREET LITTLETON CO 80123
236-02 800771693 PAGE DONALD L 8855 92ND STREET LARGO FL 33777
236-02 800771933 GLENN GARRETT D 107 EAST FILLMORE STREET TEMPE AZ 85281
236-02 800771966 CARPENTER RANDY D 7326 11TH AVENUE SOUTH RICHFIELD MN 55423
236-02 800772303 KETCHAM CHARLES L 400 SOUTH IRVINE AVENUE SHARON PA 16146
236-02 800772386 BOWERS JERRY A RT1 HIGHWAY 72 CROSS HILL SC 29332
236-02 800772485 SIMONETTI GARY L 229 SAYFORD STREET HARRISBURG PA 17102
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800763971 148,000.00 148,000.00 06/07/98 05/07/28 359.18 06/07/98 89.6 10.650 1,370.44
236-02 800764318 51,000.00 51,000.00 06/01/98 05/01/18 239.00 06/01/98 85.0 11.500 543.88
236-02 800764367 37,000.00 37,000.00 06/01/98 05/01/28 359.00 06/01/98 64.9 10.850 348.17
236-02 800764599 16,600.00 16,582.17 05/22/98 04/22/13 178.68 06/22/98 90.0 11.150 190.24
236-02 800764680 61,200.00 61,200.00 06/01/98 05/01/28 359.00 06/01/98 85.0 11.600 610.73
236-02 800764698 54,400.00 54,298.55 05/13/98 04/13/28 358.39 06/13/98 80.0 8.400 414.44
236-02 800765000 17,750.00 17,750.00 05/22/98 04/22/13 178.68 05/22/98 55.2 11.100 202.86
236-02 800765133 23,400.00 23,364.51 05/24/98 04/24/13 178.75 06/24/98 82.2 11.850 278.59
236-02 800765513 42,960.00 42,960.00 06/18/98 05/18/13 179.54 06/18/98 80.0 12.150 519.75
236-02 800765646 46,000.00 46,000.00 06/11/98 05/11/18 239.31 06/11/98 80.0 12.950 537.29
236-02 800765679 144,500.00 144,500.00 06/04/98 05/04/13 179.08 06/04/98 85.0 8.950 1,157.48
236-02 800766107 90,000.00 89,875.43 06/01/98 05/01/28 359.00 07/01/98 75.0 10.850 846.91
236-02 800766149 112,700.00 112,700.00 06/11/98 05/11/28 359.31 06/11/98 83.4 9.800 972.41
236-02 800766289 31,800.00 31,800.00 06/01/98 05/01/13 179.00 06/01/98 89.9 10.400 349.55
236-02 800766305 47,200.00 47,200.00 05/24/98 04/24/28 358.75 05/24/98 80.0 12.350 498.26
236-02 800766321 16,850.00 16,850.00 05/27/98 04/27/13 178.85 05/27/98 84.5 12.600 208.78
236-02 800766370 102,000.00 102,000.00 06/15/98 05/15/28 359.44 06/15/98 85.0 9.650 868.86
236-02 800766396 25,600.00 25,517.75 06/01/98 05/01/13 179.00 07/01/98 76.5 9.150 261.94
236-02 800766438 109,600.00 109,600.00 06/04/98 05/04/28 359.08 06/04/98 80.0 8.000 804.21
236-02 800766446 39,950.00 39,950.00 06/01/98 05/01/13 179.00 06/01/98 79.9 13.350 514.70
236-02 800766479 29,700.00 29,700.00 06/01/98 05/01/08 119.00 06/01/98 32.2 8.400 366.65
236-02 800766495 51,200.00 51,200.00 06/06/98 05/06/28 359.15 06/06/98 80.0 12.850 560.38
236-02 800766636 220,000.00 220,000.00 07/01/98 06/01/28 360.00 07/01/98 83.0 10.350 1,987.80
236-02 800766651 16,650.00 16,528.00 05/27/98 04/27/13 178.85 06/27/98 84.6 9.500 173.86
236-02 800766818 62,000.00 62,000.00 07/01/98 06/01/13 180.00 07/01/98 84.9 11.425 610.44
236-02 800766834 27,900.00 27,900.00 07/01/98 06/01/13 180.00 07/01/98 77.9 9.825 296.83
236-02 800766966 20,000.00 19,766.06 06/01/98 05/01/28 359.00 09/01/98 80.0 13.350 226.72
236-02 800767014 94,500.00 94,500.00 07/01/98 06/01/28 360.00 07/01/98 90.0 10.250 846.82
236-02 800767105 284,750.00 284,750.00 07/01/98 06/01/28 360.00 07/01/98 85.0 9.250 2,342.57
236-02 800767121 46,640.00 46,640.00 06/01/98 05/10/13 179.00 06/10/98 90.0 9.900 498.35
236-02 800767238 102,000.00 102,000.00 07/01/98 06/01/13 180.00 07/01/98 85.0 8.650 795.16
236-02 800767410 44,000.00 43,896.98 06/01/98 05/01/28 359.00 07/01/98 80.0 10.250 394.28
236-02 800767493 121,000.00 121,000.00 06/18/98 05/18/28 359.54 06/18/98 72.4 8.250 909.03
236-02 800767550 27,300.00 27,279.44 05/20/98 04/20/13 178.62 06/20/98 74.6 10.350 299.24
236-02 800767667 26,800.00 26,737.03 05/14/98 04/14/18 238.42 06/14/98 48.2 8.900 239.41
236-02 800767725 126,000.00 126,000.00 05/24/98 04/24/28 358.75 06/24/98 75.0 10.950 1,195.17
236-02 800767741 80,000.00 79,706.90 06/01/98 05/01/28 359.00 07/01/98 44.4 10.100 707.98
236-02 800768293 34,400.00 34,400.00 05/17/98 04/17/28 358.52 05/17/98 80.0 7.750 246.45
236-02 800768384 48,600.00 48,600.00 05/28/98 04/28/13 178.88 06/28/98 85.0 11.850 494.30
236-02 800768558 216,000.00 215,810.47 05/15/98 04/15/28 358.45 06/15/98 80.0 9.250 1,776.98
236-02 800768590 51,200.00 50,868.76 05/27/98 04/27/13 178.85 06/27/98 80.0 10.600 569.14
236-02 800768707 162,000.00 162,000.00 06/11/98 05/11/28 359.31 06/11/98 90.0 9.500 1,362.18
236-02 800768855 108,900.00 108,678.53 06/01/98 05/01/13 179.00 07/01/98 90.0 9.650 927.63
236-02 800769184 24,155.00 24,155.00 06/01/98 05/01/13 179.00 06/01/98 80.0 13.100 269.09
236-02 800769291 60,000.00 59,688.25 05/24/98 04/24/13 178.75 06/24/98 77.9 8.650 596.13
236-02 800769341 100,000.00 98,727.70 06/04/98 05/04/18 239.08 07/04/98 50.0 9.500 932.13
236-02 800769358 55,000.00 54,778.28 06/06/98 05/06/28 359.15 07/06/98 78.5 8.750 432.68
236-02 800769713 20,000.00 20,000.00 07/01/98 06/01/18 240.00 07/01/98 72.5 10.875 204.74
236-02 800769804 159,800.00 159,723.35 05/24/98 04/24/18 238.75 06/24/98 68.0 9.450 1,484.33
236-02 800769861 20,000.00 20,000.00 06/01/98 05/01/13 179.00 06/01/98 44.4 9.600 210.05
236-02 800769887 16,450.00 16,450.00 06/01/98 05/01/13 179.00 06/01/98 69.9 10.625 183.11
236-02 800769952 154,700.00 154,700.00 06/08/98 05/08/13 179.21 06/08/98 85.0 9.650 1,317.76
236-02 800770083 34,000.00 34,000.00 06/04/98 05/04/28 359.08 06/04/98 60.7 9.400 283.41
236-02 800770174 166,500.00 166,470.68 06/01/98 05/01/13 179.00 07/01/98 90.0 11.050 1,591.91
236-02 800770356 40,000.00 40,000.00 07/01/98 06/01/13 180.00 07/01/98 80.9 11.600 399.17
236-02 800770539 52,700.00 52,601.40 06/01/98 05/01/13 179.00 07/01/98 85.0 8.650 410.83
236-02 800770794 11,100.00 11,093.22 05/20/98 04/20/18 238.62 06/20/98 85.0 11.350 117.23
236-02 800771057 127,000.00 126,593.55 05/13/98 04/13/13 178.39 06/13/98 79.8 8.000 1,213.68
236-02 800771123 176,250.00 175,914.02 06/01/98 05/01/13 179.00 07/01/98 75.0 9.600 1,494.88
236-02 800771164 90,900.00 90,900.00 06/01/98 05/01/28 359.00 06/01/98 90.0 10.900 858.80
236-02 800771222 51,745.00 51,745.00 06/01/98 05/01/18 239.00 06/01/98 85.0 12.100 573.37
236-02 800771537 23,584.00 23,584.00 06/06/98 05/06/08 119.15 06/06/98 85.9 11.850 336.32
236-02 800771677 127,500.00 127,500.00 06/01/98 05/01/13 179.00 06/01/98 85.0 10.200 1,385.76
236-02 800771693 54,400.00 54,400.00 06/26/98 05/26/28 359.80 06/26/98 85.0 11.000 518.06
236-02 800771933 30,400.00 30,367.11 06/01/98 05/01/13 179.00 07/01/98 84.9 11.400 298.74
236-02 800771966 108,000.00 108,000.00 06/13/98 05/13/13 179.38 06/13/98 89.2 11.450 1,065.40
236-02 800772303 69,600.00 69,600.00 05/27/98 04/27/28 358.85 05/27/98 80.0 13.100 775.36
236-02 800772386 66,000.00 66,000.00 06/22/98 05/22/18 239.67 06/22/98 78.6 11.000 681.24
236-02 800772485 35,200.00 35,200.00 06/01/98 05/01/13 179.00 06/01/98 89.8 9.900 306.31
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 20 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800772550 GIANNOPOULOS KOSTAS 2071 VYSE AVENUE BRONX NY 10460
236-02 800772733 HALL LOWELL GENE 6273 LANE ROAD CENTERBURG OH 43011
236-02 800772808 CARR JOHN F 812 SHAYNE STREET BROOKSVILLE FL 34601
236-02 800772840 WARREN RODERICK 6935 STONE ROAD PORT RICHEY FL 34668
236-02 800773020 EVERTSEN JACK DOUGLAS 525 BRINKER AVENUE OGDEN UT 84404
236-02 800773053 MAYO STEVEN R 229 SOUTH BARAT FERGUSON MO 63135
236-02 800773111 EDELMANN KENNETH 778 HUNT CLUB BLVD AUBURN HILLS MI 48326
236-02 800773459 SANZONE SANDRA J 6541 ELMER HILL ROAD ROME NY 13440
236-02 800773509 GREER MILBURN 18201 N 19TH LANE PHOENIX AZ 85023
236-02 800773798 BROWN NEIL 625 WEST 120 NORTH OREM UT 84057
236-02 800774101 WALDEN ANTHONY LEE RT 16 BOX 127 A FAYETTEVILLE NC 28301
236-02 800774176 NELSON GEORGE T 5990 136TH LANE WEST SAVAGE MN 55378
236-02 800774556 BREWER MICHAEL WAYNE 327 LAKE WILEY ROAD BELMONT NC 28012
236-02 800774564 VELING TERESA A 70 ACE COURT WEST ISLIP NY 11795
236-02 800774606 CESCHINI DAVID A 382 DAIRY FARM ROAD LOWER BURRELL PA 15068
236-02 800774663 WOLFLE ROGER 16201 PINE RIDGE DRIVE HUDSON FL 34667
236-02 800774689 RIVERA MIQUEL 227 ETNA STREET BROOKLYN NY 11208
236-02 800774895 WOLFE MORRIS R 4425 BUSHY DRIVE ORANGEBURG SC 29115
236-02 800774937 OLIVER SHARON K. 2020 E DEPAUW MUNCIE IN 47303
236-02 800775140 KIM YOUNG H 4519 192ND STREET FLUSHING NY 11358
236-02 800775181 SANDS CHARLES 1201 CEDAR HILL ROAD AMBLER PA 19002
236-02 800775512 OLSEN BETTY 940 EAST MAIN STREET AMERICAN FORK UT 84003
236-02 800775629 STOWERS SHELIA 8121 WOODCLIFF TRAIL RIVERDALE GA 30274
236-02 800775793 DANTES ARACELI 23 VIKING DRIVE WEST ISLIP NY 11795
236-02 800775801 VERGNETTI LEO P 1556 SUMMIT LAKE ROAD CLARKS SUMMIT PA 18411
236-02 800775819 HESLEPH WALTER O 1556 EAST COUNTRYSIDE LANE ERDA UT 84074
236-02 800776163 OLSEN STEVEN H 27 BRINDISI LAGUNA NIGUEL CA 92677
236-02 800776171 MORRISSEY THOMAS P 106 FLORAL AVENUE TAMPA FL 33613
236-02 800776205 MURPHY JOHN J 5238 16TH STREET ZEPHYRHILLS FL 33540
236-02 800776270 MATTOX WILMA 2143 SOUTH ROCKCRUSHER RD HOMOSASSA FL 34448
236-02 800776478 HALL SHIRLEY A 1530 SHAFTSBURY ROAD DAYTON OH 45406
236-02 800776569 SCHULZ ANDREW K 7610 WHISPERWOODS COURT NEW PORT RICHEY FL 34655
236-02 800776684 CRIDER BRIAN D 3505 TARPON WDS BLVD #I408 PALM HARBOR FL 34685
236-02 800776957 LARA ARLYNN 7183 SOUTH WEBSTER ST LITTLETON CO 80128
236-02 800777153 HOLTON VELMA J 15222 HWY 24E DAVISBORO GA 31018
236-02 800777187 MANLEY JOHN C 47 LOWNDES HILL ROAD GREENVILLE SC 29607
236-02 800777849 WEBB SARA R 615 TRYON ROAD SHALLOTTE NC 28459
236-02 800777989 FERRERI WAYNE 5218 CHILKOOT AVENUE TEMPLE TERRACE FL 33617
236-02 800778003 SHEPPARD LARRY D 1640 PEACHCREST DR LAWRENCEVILLE GA 30245
236-02 800778086 WATSON BRUCE 10282 SOUTH 2840 WEST SOUTH JORDAN UT 80495
236-02 800778136 JANSEN HOWARD R 5460 OSLO AVENUE SPRING HILL FL 34609
236-02 800778144 PEACOCK JOHNNY HANSEL JR 4203 WEST FLORA STREET TAMPA FL 33614
236-02 800778185 BELL MYLES E 111 EAST WINCHESTER APT F LIBERTYVILLE, IL IL 60040
236-02 800778201 TATE MARY L 6092 PILLORY DRIVE INDIANAPOLIS IN 46254
236-02 800778391 BELL MYLES E 111 EAST WINCHESTER APT D LIBERTYVILLE IL 60040
236-02 800778532 LOUDERMILK TERRY LEWIS 1525 54TH AVENUE NORTH ST PETERSBURG FL 33703
236-02 800778623 HOON JENNIFER A 162 GLENVIEW LANE WILLINGBORO NJ 08046
236-02 800778649 HILLS RANDY 59 DORCHESTER ROAD SMITHTOWN NY 11787
236-02 800778672 SUSKI EDWARD S 733 RIDGE AVENUE WEST HAZLETON PA 18201
236-02 800778789 ADJIAN GRIGORI 24558 EILAT STREET WOODLAND HILLS CA 91367
236-02 800778805 ANDERSON CHERYL E 3418 NORTH DAVIS STREET JACKSONVILLE FL 32209
236-02 800778821 ORANDAY FRANCISCO 15684 FLATTEN ROAD SAN ANTONIO TX 78112
236-02 800778870 GONZALEZ MOSES 6 EDGEWATER PLACE QUEENSBURY NY 12804
236-02 800778961 FERGUSON FREDERICK A 124 VIEW DR SE YELM WA 98597
236-02 800779225 JARVIS HYVON A 2565 SANITARIUM RD AKRON OH 44312
236-02 800779266 BRACE SHERRY 4237 SUNRISE DRIVE SOUTH ST PETERSBURG FL 33705
236-02 800779464 PRICE CHRISTINE S 3134 LAKE PINE WAY UNIT E2 TARPON SPRINGS FL 34689
236-02 800779514 LUNA TED C 4 SANGRE DE CRISTO DRIVE SANTA FE NM 87501
236-02 800779803 PANTOJA FERNANDO 6010 ALICE AVENUE GIBSONTON FL 33584
236-02 800779969 VENALECK JOANNE C 1406 SOUTHEAST 2ND PLACE CAPE CORAL FL 33990
236-02 800779993 MILLER PAMELA 786 MACON STREET BROOKLYN NY 11233
236-02 800780199 ANTOINE ELVIS 182 BROWN AVENUE HEMPSTEAD NY 11550
236-02 800780827 DENNISON CHARLES E 137 GILBERT STREET NILES OH 44446
236-02 800780843 SHUBERT ROBERT J 469 FERNDALE AVENUE YOUNGSTOWN OH 44511
236-02 800780876 DENIS DEBORA J 720 RIDGE STREET HONESDALE PA 18431
236-02 800780959 GIFT GARY L SR 135 HERMAN AVENUE LEMOYNE PA 17043
236-02 800780991 LOOR ELVIS 2317 BEECHWOOD DRIVE GREENTOWN PA 18426
236-02 800781213 MCFAUL STEPHEN E SR 3136 BIRCH ROAD PHIALDELPHIA PA 19154
236-02 800781239 BESECKER KENNETH W 83 ELMVIEW AVENUE LACKAWANNA NY 14218
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800772550 221,000.00 221,000.00 07/01/98 06/01/13 180.00 07/01/98 70.1 11.750 2,616.93
236-02 800772733 84,500.00 84,500.00 06/20/98 05/20/18 239.61 06/20/98 66.0 7.900 701.54
236-02 800772808 40,800.00 40,800.00 06/01/98 05/01/18 239.00 06/01/98 85.0 11.350 430.89
236-02 800772840 28,000.00 28,000.00 06/01/98 05/01/08 119.00 06/01/98 45.9 8.000 339.72
236-02 800773020 16,019.00 16,019.00 05/03/98 04/03/13 178.06 06/03/98 90.0 12.100 193.29
236-02 800773053 43,900.00 43,900.00 07/01/98 06/01/28 360.00 07/01/98 79.9 12.450 466.82
236-02 800773111 167,400.00 167,400.00 06/19/98 05/19/13 179.57 06/19/98 90.0 10.150 1,487.64
236-02 800773459 23,300.00 23,110.36 03/01/98 02/01/08 116.00 06/01/98 79.7 14.250 365.28
236-02 800773509 24,000.00 24,000.00 07/01/98 06/01/18 240.00 07/01/98 88.7 10.650 242.03
236-02 800773798 118,400.00 118,400.00 06/01/98 05/01/13 179.00 06/01/98 80.0 13.000 1,309.74
236-02 800774101 98,000.00 98,000.00 06/13/98 05/13/18 239.38 06/13/98 74.5 7.750 804.53
236-02 800774176 14,600.00 14,600.00 06/20/98 05/20/13 179.61 06/20/98 79.9 13.350 188.10
236-02 800774556 58,500.00 58,500.00 06/01/98 05/01/13 179.00 06/01/98 40.4 9.850 623.29
236-02 800774564 59,000.00 58,916.01 05/23/98 04/23/13 178.72 06/23/98 89.1 10.990 670.22
236-02 800774606 99,000.00 99,000.00 06/08/98 05/08/28 359.21 06/08/98 49.5 7.350 682.08
236-02 800774663 72,900.00 72,716.34 05/22/98 04/22/28 358.68 06/22/98 90.0 10.400 661.40
236-02 800774689 162,000.00 162,000.00 06/06/98 05/06/13 179.15 06/06/98 90.0 10.550 1,487.94
236-02 800774895 61,200.00 61,132.23 05/27/98 04/27/23 298.85 06/27/98 90.0 10.400 573.47
236-02 800774937 18,200.00 18,200.00 06/19/98 05/19/28 359.57 06/19/98 70.0 8.900 145.13
236-02 800775140 76,900.00 76,832.13 05/15/98 04/15/18 238.45 06/15/98 79.9 13.000 900.94
236-02 800775181 50,000.00 49,952.26 05/22/98 04/22/13 178.68 06/22/98 86.9 11.550 585.69
236-02 800775512 36,721.00 36,551.85 05/06/98 04/06/18 238.16 07/06/98 87.3 12.100 406.89
236-02 800775629 16,300.00 16,300.00 06/11/98 05/11/13 179.31 06/11/98 80.4 10.650 181.70
236-02 800775793 420,000.00 420,000.00 06/01/98 05/01/28 359.00 06/01/98 84.0 11.450 4,143.21
236-02 800775801 55,000.00 55,000.00 06/13/98 05/13/13 179.38 06/13/98 77.1 10.100 486.73
236-02 800775819 20,000.00 19,987.03 02/01/98 01/01/13 175.00 06/01/98 70.4 13.300 225.94
236-02 800776163 125,800.00 125,282.23 06/01/98 05/01/18 239.00 07/01/98 84.9 9.500 1,172.62
236-02 800776171 85,600.00 85,593.17 05/24/98 04/24/28 358.75 06/24/98 80.0 9.500 719.77
236-02 800776205 43,200.00 43,200.00 06/01/98 05/01/18 239.00 06/01/98 90.0 9.900 414.03
236-02 800776270 24,000.00 24,000.00 06/01/98 05/01/18 239.00 06/01/98 47.0 10.000 231.61
236-02 800776478 30,000.00 29,958.45 06/01/98 05/01/18 239.00 07/01/98 80.0 8.850 267.04
236-02 800776569 74,400.00 74,400.00 05/27/98 04/27/13 178.85 05/27/98 80.0 12.450 791.15
236-02 800776684 55,250.00 54,908.45 06/05/98 05/05/13 179.11 07/05/98 85.0 8.900 557.10
236-02 800776957 21,409.00 21,409.00 07/01/98 06/01/13 180.00 07/01/98 84.9 12.600 265.27
236-02 800777153 49,500.00 49,500.00 06/01/98 05/01/13 179.00 06/01/98 88.2 11.100 565.73
236-02 800777187 49,600.00 49,600.00 05/21/98 04/21/28 358.65 05/21/98 80.0 10.250 444.47
236-02 800777849 40,000.00 40,000.00 06/19/98 05/19/18 239.57 06/19/98 46.5 12.600 457.28
236-02 800777989 56,000.00 56,000.00 06/01/98 05/01/28 359.00 06/01/98 80.0 9.150 456.65
236-02 800778003 133,600.00 133,600.00 05/20/98 04/20/28 358.62 06/20/98 80.0 10.950 1,267.26
236-02 800778086 108,000.00 106,942.83 07/01/98 06/01/13 180.00 08/01/98 84.9 11.350 1,057.17
236-02 800778136 11,500.00 11,500.00 06/01/98 05/01/13 179.00 06/01/98 76.7 11.700 135.81
236-02 800778144 81,600.00 81,564.82 05/21/98 04/21/28 358.65 06/21/98 85.0 11.850 829.94
236-02 800778185 54,200.00 54,157.84 06/01/98 05/01/13 179.00 07/01/98 64.9 11.150 522.32
236-02 800778201 111,200.00 111,200.00 06/05/98 05/05/13 179.11 06/05/98 80.0 12.600 1,195.43
236-02 800778391 54,200.00 54,157.84 06/01/98 05/01/13 179.00 07/01/98 64.9 11.150 522.32
236-02 800778532 41,600.00 41,600.00 06/01/98 05/01/28 359.00 06/01/98 65.0 12.590 446.89
236-02 800778623 55,000.00 55,000.00 05/22/98 04/22/13 178.68 06/22/98 60.7 10.750 513.41
236-02 800778649 110,000.00 109,819.93 05/22/98 04/22/28 358.68 06/22/98 53.6 8.150 818.67
236-02 800778672 44,200.00 44,044.35 04/11/98 03/11/18 237.30 06/11/98 63.1 11.750 479.00
236-02 800778789 45,200.00 45,200.00 07/01/98 06/01/13 180.00 07/01/98 85.0 11.750 456.25
236-02 800778805 56,100.00 56,100.00 06/04/98 05/04/28 359.08 06/04/98 85.0 11.600 559.84
236-02 800778821 54,000.00 54,000.00 06/01/98 05/01/28 359.00 06/01/98 90.0 10.900 510.18
236-02 800778870 64,400.00 64,400.00 04/01/98 03/01/28 357.00 06/01/98 77.5 14.300 778.37
236-02 800778961 50,600.00 50,600.00 07/01/98 06/01/18 240.00 07/01/98 46.0 10.800 515.42
236-02 800779225 65,700.00 65,700.00 06/01/98 05/01/18 239.00 06/01/98 90.0 9.400 608.13
236-02 800779266 56,000.00 56,000.00 06/20/98 05/20/13 179.61 06/20/98 80.0 9.000 450.59
236-02 800779464 35,040.00 35,040.00 05/24/98 04/24/28 358.75 06/24/98 80.0 12.100 363.13
236-02 800779514 54,937.00 54,937.00 07/01/98 06/01/13 180.00 07/01/98 79.4 12.700 594.86
236-02 800779803 54,720.00 54,720.00 06/26/98 05/26/18 239.80 06/26/98 90.0 11.650 589.22
236-02 800779969 70,400.00 70,400.00 06/01/98 05/01/13 179.00 06/01/98 80.0 12.850 770.52
236-02 800779993 162,000.00 162,000.00 06/19/98 05/19/13 179.57 06/19/98 90.0 10.600 1,494.00
236-02 800780199 20,600.00 20,600.00 06/19/98 05/19/18 239.57 06/19/98 85.9 11.350 217.56
236-02 800780827 56,000.00 56,000.00 07/01/98 06/01/13 180.00 07/01/98 74.6 8.700 438.55
236-02 800780843 38,400.00 38,400.00 06/20/98 05/20/13 179.61 06/20/98 80.0 8.150 370.30
236-02 800780876 79,200.00 79,200.00 06/08/98 05/08/13 179.21 06/08/98 90.0 9.400 660.19
236-02 800780959 16,000.00 16,000.00 05/20/98 04/20/13 178.62 06/20/98 89.5 11.550 187.42
236-02 800780991 105,300.00 105,300.00 06/11/98 05/11/13 179.31 06/11/98 90.0 9.400 1,093.22
236-02 800781213 21,000.00 20,984.13 06/01/98 05/01/13 179.00 07/01/98 84.9 11.850 213.59
236-02 800781239 72,800.00 72,800.00 06/18/98 05/18/18 239.54 06/18/98 80.8 11.200 761.37
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 21 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800781312 SINGER DOUGLAS J 111 SPENCER STREET ITHACA NY 14850
236-02 800781379 FRITZ WAYNE K 9928 WEISS ROAD BREINIGSVILLE PA 18031
236-02 800782005 FRASCO JOHN R 11263 PONDEROSA TRAIL WINDSOR CO 80550
236-02 800782310 LEFEVER BRENDA 557 PERRY STREET READING PA 19601
236-02 800782427 UMPHREY ALBERT W JR 49 BOROUGH STREET EAST STROUDSBURG PA 18301
236-02 800782575 DEIR CARMEN 318 EAST 91ST STREET BROOKLYN NY 11212
236-02 800782724 PEZZIMENTI DONNA 227 BRIARHURST DRIVE TONAWANDA NY 14150
236-02 800782906 PARRY JEAN ANN 4140 SOUTHWEST 6TH PLACE CAPE CORAL FL 33914
236-02 800782930 ANDREWS IVY 5621 KINGS HIGHWAY BROOKLYN NY 11203
236-02 800783136 DELMAZIO PHILIP S 38-40 HILL STREET NEW CANAAN CT 06840
236-02 800783144 WOODWARD THOMAS J 28632 WESTERN CT EVERGREEN CO 80439
236-02 800783227 MCDOWELL MICHAEL 2312 NORTHWEST 193RD PLACE SHORELINE WA 98177
236-02 800783250 SAVOLDI FRANK 116 LEOPARD LANE WEST BRIDGEWATER PA 15009
236-02 800783359 RAFFERTY LARRY M. 708 WEST CHESTNUT STREET MOUNT VERNON OH 43050
236-02 800783557 MECHURA ANDE LYNN M 4342 42ND AVE MINNEAPOLIS MN 55406
236-02 800783698 HAYWOOD NICHOLAS 962 EAST BROADWAY MILFORD CT 06460
236-02 800784001 LADD JOSEPH M 4512 BLOXHAM CUTOFF CRAWFORDVILLE FL 32327
236-02 800784225 KIRKPATRICK JON CORI 5804 SOUTH TRESSLER ROAD SALT LAKE CITY UT 84118
236-02 800784241 WASHINGTON PAULETTE 1515 7TH AVENUE EAST PALMETTO FL 34221
236-02 800784340 WOODS TYLER J 4820 CENTER LANE RD NE OLYMPIA WA 98516
236-02 800784381 THERIAULT COLLEEN A 13951 94TH AVENUE SEMINOLE FL 33776
236-02 800784407 SAPPINGTON MARGO 6882 WRIGHT STREET DURHAM NY 12422
236-02 800784548 CALCEK KATHLEEN 454 20TH AVENUE INDIAN ROCKS BEACH FL 33785
236-02 800784787 DI FABRIZIO ANGELO 50 SACHEM ROAD JEFFERSON NJ 07438
236-02 800784837 COUNES GEORGE J. 4465 S HEATHER PLACE TUCSON AZ 85730
236-02 800785032 DANIEL ADRIAN ROUTE 1 BOX 115D KOPPERL TX 76652
236-02 800785156 EVANS JUDITH G 686 LINCOLN AVENUE NUNN CO 80648
236-02 800785206 AGEMA KENNETH D 8850 W 135TH STREET ORLAND PARK IL 60462
236-02 800785222 CORDARO RONALD P 239 GREENBUSH STREET SCRANTON PA 18508
236-02 800785297 FREEMAN JAMES 301 WEST GEORGE STREET MILFORD PA 18337
236-02 800785727 HUBBARD RENEE L 1914 SOUTHEAST 29TH LANE CAPE CORAL FL 33904
236-02 800785768 BILLINGSLEY DAISEY 937 STONEWALL DR SE ATLANTA GA 30315
236-02 800785875 PALMER BRIAN S 521 AVALON ROAD VENICE FL 34293
236-02 800785966 KING JOHN P 2358 SECOND STREET PIKE PENNS PARK PA 18943
236-02 800785974 HIGGINBOTHAM MITCHELL RTE 3 BOX 5995 HILLIARD FL 32046
236-02 800786014 BODIE BRYAN L 1510 MONTEGOR AVENUE CINCINNATI OH 45230
236-02 800786071 PARKER BOWER STEPHANIE 325 BOWERS ROAD RAEFORD NC 28376
236-02 800786410 MLINAREVIC MILE 6331 JACKIE AVENUE WOODLAND HILLS CA 91367
236-02 800786428 PAYTON STEVEN E 28805 NORTH FORK RD LYONS OR 97358
236-02 800787012 PATTERSON DOROTHY 2431 BEVERLY HILLS LANE MESQUITE TX 75150
236-02 800787269 PINTO ANTONIO R 623 SE SANTA BARBARA PLACE CAPE CORAL FL 33990
236-02 800787558 MCGOWAN ROBERT 12 GREGORY PLACE RIVERHEAD NY 11901
236-02 800787673 RODMAN JACK 891 SOUTHWEST 66TH AVENUE NORTH LAUDERDALE FL 33068
236-02 800787723 WAGGONER JUDITH 1907 BARCELONA DRIVE DUNEDIN FL 34698
236-02 800787756 KUCERA IVO 10344 51ST AVENUE NORTH ST PETERSBURG FL 33708
236-02 800787822 BROWN STEPHEN G 6180 MASTERS CLUB DRIVE SUWANEE GA 30024
236-02 800787855 WHITTY GLENN C 2026 NORTHEAST 13TH PLACE CAPE CORAL FL 33909
236-02 800788382 STOCKS BRAD 823 WEST KINGS COURT SAFFORD AZ 85546
236-02 800788580 RICHARDS DAVID L 9741 HILLDALE DRIVE MORRISON CO 80465
236-02 800788655 LANE REBECCA 3540 E BELLEVUE TUCSON AZ 85716
236-02 800788879 NAZARIO MARY M 227 LIBERTY STREET FRANKLIN PA 16323
236-02 800789133 HOWARD PAUL LAWRENCE 925 JIM ELLIOTT ROAD LAWNDALE NC 28090
236-02 800789448 SASO MARY KATHERINE 1423 DUBONNET COURT FORT MYERS FL 33919
236-02 800789554 BURNS JOSEPH 5151 HIGHWAY 74 LUMBERTON NC 28358
236-02 800789786 NANCE LOTTIE MAE 1518 PALMETTO AVENUE FORT MYERS FL 33916
236-02 800789810 DIXON GLORIA A 1939 JASMINE ROAD DUNDALK MD 21222
236-02 800789844 HOOKS JAMES W 1579 WINFIELD DRIVE DOWNINGTOWN PA 19335
236-02 800789885 GOAD STANDLEY 3112 SOUTH MUDLAKE ROAD PLANT CITY FL 33567
236-02 800790198 HSU TI FEI 91-93 MADISON AVE NEWTON MA 02160
236-02 800790487 BECKWITH C G JR 661 BRIDGEWAY LANE NAPLES FL 34108
236-02 800790529 STEVERMER TIMOTHY T 1800 44TH AVENUE NORTH MINNEAPOLIS MN 55412
236-02 800790859 JOHNSTONE JAMES J 8 UNION AVENUE DANBURY CT 06810
236-02 800791220 GREEN MARY J 1470 SECOND STREET MACON GA 31201
236-02 800791493 GARMAN JULIE A 17705 NE 105TH STREET REDMOND WA 98052
236-02 800791519 KLAUSNER MARGIE 11750 SOUTHWEST 228TH COUR DUNNELLON FL 34431
236-02 800791618 CLAXTON LEE I 10157 64TH AVENUE SEMINOLE FL 33772
236-02 800791667 PSILAKIS EMANUEL 29 42 BELL BOULEVARD BAYSIDE NY 11360
236-02 800791675 MUNIZ KANDYCE L 350 ELM STREET BRITTON MI 49229
236-02 800791683 CHELSO GREGORY V 93 95 MAIN STREET DANBURY CT 06810
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800781312 97,500.00 97,146.19 06/07/98 05/07/18 239.18 07/07/98 75.0 10.100 947.36
236-02 800781379 69,645.00 69,645.00 06/26/98 05/26/13 179.80 06/26/98 90.0 10.400 631.87
236-02 800782005 75,200.00 75,090.84 06/01/98 05/01/13 179.00 07/01/98 78.3 11.700 756.20
236-02 800782310 45,000.00 45,000.00 06/28/98 05/28/28 359.87 06/28/98 78.3 13.100 501.31
236-02 800782427 34,100.00 33,976.97 05/22/98 04/22/13 178.68 06/22/98 89.5 10.150 369.58
236-02 800782575 195,500.00 195,500.00 06/12/98 05/12/13 179.34 06/12/98 85.0 7.750 1,400.59
236-02 800782724 20,000.00 19,948.63 05/01/98 04/01/13 178.00 06/01/98 84.4 11.350 231.73
236-02 800782906 81,000.00 81,000.00 06/04/98 05/04/13 179.08 06/04/98 90.0 9.650 689.97
236-02 800782930 189,000.00 189,000.00 06/15/98 05/15/13 179.44 06/15/98 90.0 9.500 1,589.21
236-02 800783136 130,000.00 130,000.00 06/26/98 05/26/13 179.80 06/26/98 63.2 10.350 1,174.61
236-02 800783144 55,000.00 55,000.00 06/11/98 05/11/13 179.31 06/11/98 84.9 12.150 572.10
236-02 800783227 93,100.00 92,930.93 06/01/98 05/01/18 239.00 07/01/98 84.8 11.850 1,015.39
236-02 800783250 32,000.00 32,000.00 06/07/98 05/07/18 239.18 06/07/98 62.7 10.100 310.93
236-02 800783359 42,000.00 42,000.00 07/01/98 06/01/18 240.00 07/01/98 76.3 8.400 361.83
236-02 800783557 18,400.00 18,400.00 07/01/98 06/01/13 180.00 07/01/98 80.0 12.225 223.50
236-02 800783698 15,000.00 15,000.00 06/20/98 05/20/13 179.61 06/20/98 33.2 9.750 158.90
236-02 800784001 20,400.00 20,400.00 06/04/98 05/04/13 179.08 06/04/98 89.9 10.400 224.24
236-02 800784225 21,000.00 21,000.00 07/01/98 06/01/13 180.00 07/01/98 84.9 13.000 265.70
236-02 800784241 55,800.00 55,684.90 06/01/98 05/01/18 239.00 07/01/98 90.0 9.250 511.05
236-02 800784340 31,596.00 31,596.00 06/01/98 05/01/13 179.00 06/01/98 85.0 11.850 321.36
236-02 800784381 102,600.00 102,600.00 06/08/98 05/08/28 359.21 06/08/98 90.0 10.900 969.34
236-02 800784407 123,750.00 123,750.00 06/08/98 05/08/13 179.21 06/08/98 75.0 9.850 1,072.30
236-02 800784548 46,800.00 46,800.00 06/28/98 05/28/13 179.87 06/28/98 84.9 11.350 542.26
236-02 800784787 29,300.00 29,300.00 06/11/98 05/11/13 179.31 06/11/98 80.1 13.500 335.61
236-02 800784837 17,000.00 17,000.00 07/01/98 06/01/13 180.00 07/01/98 73.3 11.600 199.67
236-02 800785032 63,000.00 63,000.00 07/01/98 06/01/28 360.00 07/01/98 79.7 8.900 502.39
236-02 800785156 73,500.00 73,500.00 07/01/98 06/01/28 360.00 07/01/98 75.0 12.850 804.45
236-02 800785206 61,750.00 61,750.00 06/04/98 05/04/13 179.08 06/04/98 76.2 12.850 775.20
236-02 800785222 31,445.00 31,445.00 06/28/98 05/28/13 179.87 06/28/98 90.0 10.250 342.73
236-02 800785297 65,000.00 65,000.00 06/13/98 05/13/28 359.38 06/13/98 44.8 7.750 465.67
236-02 800785727 76,500.00 76,415.81 06/01/98 05/01/13 179.00 07/01/98 90.0 10.150 679.84
236-02 800785768 46,400.00 46,400.00 06/01/98 05/01/13 179.00 06/01/98 80.0 13.900 546.11
236-02 800785875 31,147.00 30,984.41 06/01/98 05/01/18 239.00 07/01/98 85.9 11.100 323.62
236-02 800785966 49,575.00 49,575.00 06/11/98 05/11/13 179.31 06/11/98 90.0 11.100 566.58
236-02 800785974 56,800.00 56,800.00 07/01/98 06/01/18 240.00 07/01/98 80.0 12.100 629.38
236-02 800786014 76,500.00 76,475.55 05/01/98 04/01/13 178.00 06/01/98 84.0 11.500 757.57
236-02 800786071 130,000.00 130,000.00 06/18/98 05/18/13 179.54 06/18/98 55.3 8.600 1,008.81
236-02 800786410 37,250.00 37,250.00 06/01/98 05/01/13 179.00 06/01/98 84.2 8.975 377.26
236-02 800786428 54,263.00 54,263.00 07/01/98 06/01/13 180.00 07/01/98 84.8 9.900 472.19
236-02 800787012 59,500.00 59,473.61 06/01/98 05/01/28 359.00 08/01/98 85.0 12.600 639.64
236-02 800787269 10,000.00 10,000.00 06/08/98 05/08/08 119.21 06/08/98 80.4 10.900 137.18
236-02 800787558 132,000.00 132,000.00 06/21/98 05/21/28 359.64 06/21/98 80.0 11.950 1,352.69
236-02 800787673 65,000.00 65,000.00 07/01/98 06/01/28 360.00 07/01/98 63.1 7.750 465.67
236-02 800787723 16,500.00 16,500.00 06/01/98 05/01/18 239.00 06/01/98 79.4 13.350 197.44
236-02 800787756 12,000.00 12,000.00 06/18/98 05/18/13 179.54 06/18/98 78.4 12.700 149.47
236-02 800787822 75,200.00 75,200.00 06/01/98 05/01/18 239.00 06/01/98 88.3 10.750 763.45
236-02 800787855 13,600.00 13,600.00 06/08/98 05/08/13 179.21 06/08/98 79.7 13.350 175.22
236-02 800788382 15,650.00 15,650.00 06/13/98 05/13/13 179.38 06/13/98 85.0 11.350 181.33
236-02 800788580 29,436.00 29,436.00 07/01/98 06/01/13 180.00 07/01/98 89.9 10.150 319.03
236-02 800788655 41,000.00 41,000.00 07/01/98 06/01/13 180.00 07/01/98 83.3 11.100 468.58
236-02 800788879 18,370.00 18,370.00 06/04/98 05/04/13 179.08 06/04/98 84.5 11.750 217.52
236-02 800789133 22,100.00 21,840.88 05/27/98 04/27/08 118.85 06/27/98 65.0 9.750 289.00
236-02 800789448 60,000.00 60,000.00 06/01/98 05/01/13 179.00 06/01/98 54.5 10.200 535.43
236-02 800789554 46,240.00 46,240.00 06/11/98 05/11/08 119.31 06/11/98 80.0 9.400 595.81
236-02 800789786 25,850.00 25,850.00 06/01/98 05/01/13 179.00 06/01/98 55.0 13.840 303.02
236-02 800789810 62,000.00 62,000.00 06/01/98 05/01/13 179.00 06/01/98 84.3 8.750 487.75
236-02 800789844 18,500.00 18,500.00 06/13/98 05/13/13 179.38 06/13/98 89.6 10.650 206.22
236-02 800789885 12,000.00 12,000.00 06/13/98 05/13/13 179.38 06/13/98 84.5 9.900 128.22
236-02 800790198 217,500.00 217,257.94 06/01/98 05/01/13 179.00 07/01/98 75.0 9.725 1,864.67
236-02 800790487 76,000.00 76,000.00 06/01/98 05/01/18 239.00 06/01/98 80.0 12.100 842.13
236-02 800790529 63,750.00 63,750.00 07/01/98 06/01/13 180.00 07/01/98 85.0 8.475 626.84
236-02 800790859 121,600.00 121,600.00 05/27/98 04/27/13 178.85 05/27/98 80.0 9.750 1,044.73
236-02 800791220 35,820.00 35,820.00 06/13/98 05/13/28 359.38 06/13/98 90.0 10.500 327.66
236-02 800791493 54,000.00 53,841.73 06/01/98 05/01/13 179.00 07/01/98 84.9 10.975 612.91
236-02 800791519 19,000.00 19,000.00 06/06/98 05/06/08 119.15 06/06/98 51.3 9.900 250.04
236-02 800791618 14,500.00 14,453.22 06/01/98 05/01/13 179.00 07/01/98 67.3 9.100 147.93
236-02 800791667 171,600.00 171,600.00 06/13/98 05/13/18 239.38 06/13/98 84.6 11.990 1,888.27
236-02 800791675 82,400.00 82,400.00 06/01/98 05/01/13 179.00 06/01/98 78.4 8.350 624.85
236-02 800791683 133,000.00 133,000.00 06/01/98 05/01/18 239.00 06/01/98 70.0 11.950 1,459.81
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 22 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800791931 LEWIS GEORGE 39 CHAMBERLAIN STREET HEMPSTEAD NY 11550
236-02 800792210 CHEEK MELVIN L 2698 TAYLOR TOWN ROAD RANGER GA 30734
236-02 800792277 WATSON JESSIE LUCILLE 712 MILLER AVENUE COLUMBUS OH 43205
236-02 800792327 ENGMAN ALAN E 2100 MARQUIS COURT NEW PORT RICHEY FL 34655
236-02 800792335 HUERTAS RUBENCIO JR 136 MANHATTAN AVENUE BRIDGEPORT CT 06606
236-02 800792681 STEVENS MARK A. 15208 STONEY SPRINGS ROAD EDMOND OK 73013
236-02 800793028 BULFORD WILLIAM 440 4TH STREET WEST WYOMING PA 18644
236-02 800793465 ROSE CYNTHIA G 230 SANTA ROSA COURT HOLMDEL NJ 07733
236-02 800793663 ADEYEMI SUNDAY E 833 SANGER STREET PHILADELPHIA PA 19124
236-02 800793846 FIGUEREDO ELIDIO 1090 LAMBERT ROAD TEANECK NJ 07666
236-02 800794026 SANTOS RAMON A 507509 CRANSTON STREET PROVIDENCE RI 02907
236-02 800794166 COSENS MARK 804 E CLARA BAY CITY MI 48708
236-02 800794273 KITCHEN BRADLEY G 3532 NORTH 160 WEST PROVO UT 84604
236-02 800794448 FREITAS ROBERT B 10423 PIEDMONT ROAD JACKSONVILLE FL 32218
236-02 800794505 SAHLEEN DALE C 5571 SOUTH 1200 WEST RIVERDALE UT 84405
236-02 800794620 DESAINT-HIPP ALEXANDER 6217 ARKENDALE ROAD ALEXANDRIA VA 22307
236-02 800794646 LYON JANIS 3135 WEST NORWICH DRIVE WEST JORDAN UT 84088
236-02 800794711 JOHNSON GERALD C 133 BAILEY STREET SAFETY HARBOR FL 34695
236-02 800794752 DROZD JAMES F 12 BURNING BUSH WAY ORCHARD PARK NY 14217
236-02 800794851 KIM YONG BEAK 1912 STONECASTLE DRIVE SEVERN MD 21144
236-02 800794968 BRUGH KAREN 423 SOUTH CHAFFEE ROAD JACKSONVILLE FL 32220
236-02 800795098 RODRIGUEZ MARTA 33322 BIG SUR STREET DANA POINT CA 92629
236-02 800795569 SCHWINGLE JAMES L 19794 EAST UNION DRIVE AURORA CO 80015
236-02 800795643 BARCIA BERNARD 4557 GARNET DRIVE NEW PORT RICHEY FL 34652
236-02 800796229 TEUSCHER SCOTT D 1961 SOUTH 675 EAST BOUNTIFUL UT 84010
236-02 800796468 WASSERBACH CLIFFORD GREGG 33 BRIARGLEN ALISO VIEJO CA 92656
236-02 800796484 JENSON STEPHEN R 17915 TOM BOY WAY MONUMENT CO 80132
236-02 800796534 MCKIEVER CHARLES L II 1827 SOUTH GENOA STREET AURORA CO 80017
236-02 800796633 EVENSON DEAN 2801 25TH STREET BELLINGHAM WA 98225
236-02 800796708 NEE ANTHONY M 124 AUTUMN DRIVE TRAFFORD PA 15085
236-02 800797037 WIESER MILES F 142 SOUTH 12TH STREET ALLENTOWN PA 18102
236-02 800797078 WISNIEWSKI CATHERINE J 1060 DOWNING STREET DENVER CO 80218
236-02 800797201 LEONARD TAMMY 1533 PITMAN AVENUE PENNSAUKEN NJ 08110
236-02 800797284 LEE RENARD 1358 20TH STREET SARASOTA FL 34234
236-02 800797417 LAPORTA PAUL F 137 PARKWAY DRIVE NORTH COMMACK NY 11725
236-02 800797722 SELLES ALICIA 7493 GROVEOAKS DRIVE ORLANDO FL 32810
236-02 800797748 BOBO ROBERT L 35167 FARRAGUT DRIVE EASTLAKE OH 44095
236-02 800797797 SCHUMACHER LOLITA M 1627 SAINT CATHERINE DR E DUNEDIN FL 34698
236-02 800797995 SCHARNAGLE HEIDI LYNN 1423 SHELBY PARKWAY CAPE CORAL FL 33904
236-02 800798068 RUSSELL JUDITH M 1800 NORTHWEST 24TH AVENUE CAPE CORAL FL 33993
236-02 800798167 PASCH DAVID R 2007 DIAMOND DRIVE ORLANDO FL 32807
236-02 800798290 CICCI JEFFREY 440 MARY STREET SCRANTON PA 18508
236-02 800798464 KELLER DAWN R 400 WOODLAND ROAD NORTH VERSAILLES PA 15137
236-02 800798472 MCILRAVY ARTHUR D 163 SOUTH STREET UNIT 86 DANBURY CT 06810
236-02 800798522 KAHANE LARRY A 3 EAST MILLPAGE DRIVE BETHPAGE NY 11714
236-02 800799116 JACKSON SCHUBEL 134 LITTLECREEK LANE PINNACLE NC 27043
236-02 800799124 WHALEN BARBARA A 2784 SOUTH ZURICH COURT DENVER CO 80236
236-02 800799181 SCIULLO LEANOR 3403 SOUTH WEST 7TH PLACE CAPE CORAL FL 33914
236-02 800799199 WALTON THOMAS C 2395 HOODOO LOOP ROAD OLDTOWN ID 83822
236-02 800799215 CLARK JAMES E 4438 SOUTH MAIN STREET HOPE MILLS NC 28348
236-02 800799223 STEADY MICHAEL C 26 COHEN ROAD GREENFIELD NY 12833
236-02 800799306 REYNOLDS JAMES F 4652 SWALLOWTAIL DRIVE NEW PORT RICHEY FL 34653
236-02 800799355 ABURN WILLIAM S 3600 SOUTH WEBSTER STREET KOKOMO IN 46902
236-02 800799363 SOMERHALDER PHYLLIS I 11 JEFFERSON STREET ATTICA NY 14011
236-02 800799504 ROTZ WILLIAM R 841 SPANISH OAKS BOULEVARD PALM HARBOR FL 34683
236-02 800799629 BAIRD KATHLEEN MARY 2800 60TH STREET NORTH ST PETERSBURG FL 33710
236-02 800799645 SHEEKS DANNY J 1133 8TH STREET NORTH ST PETERSBURG FL 33701
236-02 800799678 VOGEL RICHARD O 4720 SOUTHEAST FORT KING S OCALA FL 34470
236-02 800799736 LAURENZANO ANTHONY 221 GREENBRIARWOOD DRIVE SOMERS NY 10589
236-02 800799959 MONTOYA ABRAN F 2411 N GRAND AVE PUEBLO CO 81003
236-02 800800013 DENOTO MICHAEL J 10287 COUNTY ROAD #1 FLORISSANT CO 80816
236-02 800800187 PHILLIPS LACHEKA 7981 AUDUBON AVENUE ALEXANDRIA VA 22306
236-02 800800344 RAVETTI ROSA LINDA 543 WILLIAMSBURG DRIVE YORK PA 17402
236-02 800800781 TOOMEY DOUGLAS W 23770 ANTHONY ROAD CICERO IN 46034
236-02 800800930 PROVOST TRACEY L. 6271 SOUTH ALFRED POINT HOMOSASSA FL 34446
236-02 800800971 ROWE BERNADETTE BUDA 227 FIFTH AVENUE MELBOURNE BEACH FL 32951
236-02 800801227 EGURROLA JESS 444 JASMINE STREET DENVER CO 80220
236-02 800801367 ROMAN CARLOS J 2391 GRANADA CIRCLE WEST ST PETERSBURG FL 33712
236-02 800801599 DAVIS MARK L 5809 HOBART STREET PITTSBURGH PA 15217
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800791931 68,000.00 68,000.00 06/04/98 05/04/28 359.08 06/04/98 80.0 9.850 589.22
236-02 800792210 110,755.00 110,755.00 06/05/98 05/05/28 359.11 06/05/98 85.0 12.350 1,169.16
236-02 800792277 37,700.00 37,700.00 06/18/98 05/18/28 359.54 06/18/98 65.0 12.840 412.33
236-02 800792327 41,600.00 40,843.45 06/12/98 05/12/18 239.34 07/12/98 79.9 13.350 497.78
236-02 800792335 74,700.00 74,700.00 06/01/98 05/01/13 179.00 06/01/98 90.0 10.650 691.70
236-02 800792681 47,000.00 47,000.00 07/01/98 06/01/18 240.00 07/01/98 67.1 9.275 431.22
236-02 800793028 45,000.00 45,000.00 06/18/98 05/18/28 359.54 06/18/98 50.0 8.150 334.91
236-02 800793465 281,250.00 279,150.13 03/01/98 02/01/13 176.00 06/01/98 75.0 9.750 2,979.46
236-02 800793663 37,800.00 37,800.00 06/07/98 05/07/28 359.18 06/07/98 90.0 10.900 357.12
236-02 800793846 100,000.00 100,000.00 05/24/98 04/24/13 178.75 05/24/98 84.7 10.750 933.48
236-02 800794026 76,500.00 76,500.00 06/13/98 05/13/13 179.38 06/13/98 90.0 11.000 728.53
236-02 800794166 23,100.00 23,100.00 06/08/98 05/08/28 359.21 06/08/98 74.7 10.100 204.43
236-02 800794273 123,600.00 123,600.00 07/01/98 06/01/13 180.00 07/01/98 84.9 11.850 1,257.11
236-02 800794448 32,400.00 32,400.00 06/01/98 05/01/18 239.00 06/01/98 52.2 10.100 314.82
236-02 800794505 36,400.00 36,400.00 07/01/98 06/01/13 180.00 07/01/98 89.8 10.650 405.76
236-02 800794620 212,500.00 212,500.00 06/01/98 05/01/28 359.00 06/01/98 83.9 8.900 1,694.55
236-02 800794646 75,000.00 75,000.00 06/01/98 05/01/13 179.00 06/01/98 64.6 10.850 705.75
236-02 800794711 20,000.00 20,000.00 06/13/98 05/13/13 179.38 06/13/98 89.7 10.650 222.94
236-02 800794752 39,100.00 39,100.00 06/01/98 05/01/13 179.00 06/01/98 85.8 9.000 396.58
236-02 800794851 27,350.00 27,350.00 06/01/98 05/01/13 179.00 06/01/98 85.0 11.350 267.72
236-02 800794968 26,500.00 26,500.00 06/19/98 05/19/13 179.57 06/19/98 48.6 10.700 296.22
236-02 800795098 42,000.00 42,000.00 06/01/98 05/01/13 179.00 06/01/98 79.9 10.600 466.87
236-02 800795569 32,030.00 32,030.00 07/01/98 06/01/13 180.00 07/01/98 79.9 13.350 412.66
236-02 800795643 24,000.00 24,000.00 06/04/98 05/04/13 179.08 06/04/98 50.0 10.250 261.59
236-02 800796229 55,000.00 55,000.00 07/01/98 06/01/13 180.00 07/01/98 68.0 11.350 637.27
236-02 800796468 44,600.00 44,281.96 06/15/98 05/15/18 239.44 07/15/98 79.9 12.975 521.73
236-02 800796484 61,750.00 61,750.00 06/01/98 05/01/13 179.00 06/01/98 90.0 10.650 688.34
236-02 800796534 26,830.00 26,830.00 07/01/98 06/01/13 180.00 07/01/98 90.0 10.650 299.08
236-02 800796633 43,600.00 43,600.00 07/01/98 06/01/13 180.00 07/01/98 84.8 10.975 414.39
236-02 800796708 20,000.00 20,000.00 06/11/98 05/11/13 179.31 06/11/98 90.0 10.250 217.99
236-02 800797037 53,500.00 53,500.00 06/28/98 05/28/13 179.87 06/28/98 84.9 11.600 533.89
236-02 800797078 46,800.00 46,800.00 08/01/98 07/01/28 361.00 08/01/98 81.2 11.350 458.11
236-02 800797201 83,700.00 83,700.00 06/04/98 05/04/28 359.08 06/04/98 90.0 11.700 841.67
236-02 800797284 102,000.00 102,000.00 05/27/98 04/27/13 178.85 05/27/98 85.0 8.990 819.98
236-02 800797417 23,000.00 22,898.01 06/07/98 05/07/13 179.18 07/07/98 73.4 10.900 259.97
236-02 800797722 26,000.00 25,927.20 06/04/98 05/04/18 239.08 07/04/98 42.6 10.050 251.77
236-02 800797748 106,250.00 106,250.00 07/01/98 06/01/18 240.00 07/01/98 85.0 8.150 898.66
236-02 800797797 13,750.00 13,750.00 06/04/98 05/04/13 179.08 06/04/98 84.7 11.750 162.82
236-02 800797995 62,900.00 62,900.00 06/27/98 05/27/13 179.84 06/27/98 85.0 8.900 501.59
236-02 800798068 35,000.00 35,000.00 06/06/98 05/06/13 179.15 06/06/98 76.5 8.500 344.66
236-02 800798167 23,677.00 23,677.00 06/01/98 05/01/08 119.00 06/01/98 75.0 10.100 314.21
236-02 800798290 44,000.00 44,000.00 07/02/98 06/02/13 180.03 07/02/98 89.6 10.250 479.58
236-02 800798464 62,050.00 62,050.00 06/04/98 05/04/13 179.08 06/04/98 85.0 10.850 583.89
236-02 800798472 32,250.00 32,250.00 06/19/98 05/19/13 179.57 06/19/98 75.0 9.000 327.10
236-02 800798522 68,000.00 68,000.00 06/04/98 05/04/13 179.08 06/04/98 89.6 11.990 815.68
236-02 800799116 30,175.00 30,175.00 06/11/98 05/11/13 179.31 06/11/98 85.0 11.750 357.31
236-02 800799124 24,979.00 24,979.00 07/01/98 06/01/13 180.00 07/01/98 73.3 9.650 263.10
236-02 800799181 71,150.00 71,150.00 06/22/98 05/22/13 179.67 06/22/98 80.8 9.250 585.33
236-02 800799199 129,000.00 129,000.00 07/01/98 06/01/13 180.00 07/01/98 53.7 8.775 1,017.15
236-02 800799215 112,050.00 112,050.00 06/11/98 05/11/13 179.31 06/11/98 90.0 9.500 1,170.05
236-02 800799223 106,000.00 106,000.00 06/11/98 05/11/13 179.31 06/11/98 88.3 10.650 981.53
236-02 800799306 59,000.00 59,000.00 06/01/98 05/01/13 179.00 06/01/98 62.1 7.500 546.94
236-02 800799355 63,750.00 63,750.00 06/01/98 05/01/28 359.00 06/01/98 84.4 9.900 554.75
236-02 800799363 30,000.00 30,000.00 05/01/98 04/01/28 358.00 06/01/98 35.2 11.450 295.94
236-02 800799504 135,000.00 135,000.00 06/11/98 05/11/13 179.31 06/11/98 84.9 8.400 1,028.48
236-02 800799629 68,800.00 68,800.00 06/27/98 05/27/18 239.84 06/27/98 80.0 7.750 564.81
236-02 800799645 46,400.00 46,400.00 06/28/98 05/28/28 359.87 06/28/98 80.0 12.850 507.84
236-02 800799678 14,500.00 14,500.00 06/06/98 05/06/08 119.15 06/06/98 46.0 9.600 188.42
236-02 800799736 60,000.00 60,000.00 06/06/98 05/06/13 179.15 06/06/98 79.0 13.850 703.81
236-02 800799959 85,500.00 85,085.66 07/01/98 06/01/13 180.00 09/01/98 90.0 9.900 913.56
236-02 800800013 43,650.00 43,650.00 07/01/98 06/01/13 180.00 07/01/98 84.9 11.350 505.76
236-02 800800187 35,900.00 35,900.00 06/18/98 05/18/28 359.54 06/18/98 79.7 10.250 321.70
236-02 800800344 96,900.00 95,133.89 02/09/98 01/09/13 175.30 08/09/98 85.0 11.450 955.90
236-02 800800781 118,800.00 118,800.00 06/19/98 05/19/28 359.57 06/19/98 80.0 8.000 871.71
236-02 800800930 18,550.00 18,550.00 07/02/98 06/02/08 120.03 07/02/98 70.0 13.450 281.92
236-02 800800971 30,000.00 30,000.00 07/02/98 06/02/13 180.03 07/02/98 84.1 10.850 338.16
236-02 800801227 107,000.00 107,000.00 07/01/98 06/01/13 180.00 07/01/98 53.7 9.850 927.16
236-02 800801367 46,750.00 46,750.00 06/11/98 05/11/28 359.31 06/11/98 85.0 11.250 454.06
236-02 800801599 120,000.00 120,000.00 06/18/98 05/18/13 179.54 06/18/98 80.0 9.650 1,022.18
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 23 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800801623 DAVIS MARK L 5807 HOBART STREET PITTSBURGH PA 15217
236-02 800801862 KENNERLY KIMBERLY 44 EAST PENN STREET CARLISLE PA 17013
236-02 800802001 SCRIVNER PATRICIA 471 COLUMBINE DRIVE GRAND LAKE CO 80447
236-02 800802019 LEO CHRISTOPHE 311 WOOD AVENUE EDISON NJ 08817
236-02 800802472 JOHNSON JO-ANN 14 CENTRE VILLAGE DRIVE MADISON CT 06443
236-02 800802571 OMER HENRY L. 1505 WEST BARR DRIVE TAMPA FL 33603
236-02 800802720 MALAVENDA PAUL T 74 WILDWOOD ROAD MERIDEN CT 06450
236-02 800803447 MOTEL ROBERT M 12 VISTA DRIVE WATERTOWN CT 06795
236-02 800803454 HILLER ROBERT L. 161 STINGLEY ROAD ELLENSBURG WA 98926
236-02 800803488 HANKINS WALLACE J 29 COCA FOOTHILL RANCH CA 92610
236-02 800803512 OH BONG KEUN 12089 WEST BURGUNDY AVENUE LITTLETON CO 80127
236-02 800803579 DAVIS MARK L 302 CRYSTAL LAKE LANE MOON TOWNSHIP PA 15108
236-02 800803892 WALLACH SUSAN S 4463 OAK VIEW DRIVE SARASOTA FL 34232
236-02 800803983 SHALLAL JOSEPH 6626 PERHAM DR WEST BLOOMFIELD MI 48322
236-02 800804007 GUZMAN LETICIA 724 NORTH 10TH STREET READING PA 19604
236-02 800804064 CAMACHO LUIS 93 95 RAYMOND STREET PROVIDENCE RI 02908
236-02 800804072 CADE JOHN W 3779 SOUTH 7200 WEST MAGNA UT 84044
236-02 800804155 BOND ROBERT T. 1110 BLOSSOM CIRCLE SOUTH LAKELAND FL 33805
236-02 800804379 PIERSON GEORGE T 5 RAINBOW TRAIL SPARTA NJ 07871
236-02 800804536 PEARCE MAURICE L JR 2210 HINSON ROAD DOVER FL 33527
236-02 800804726 EPPES JANICE C 687 GREENE AVENUE BROOKLYN NY 11221
236-02 800804999 CROCITTO MARY BETH 167 COOPER STREET LAKE GEORGE NY 12845
236-02 800805053 BINGHAM PRISCILLA ANN 10558 QUAIL CANYON ROAD EL CAJON CA 92021
236-02 800805160 PEREZ RICHARD R 400 SOUTHEAST 3RD AVENUE POMPANO BEACH FL 33060
236-02 800805210 WILLIAMS ROBERT J 3324 WHISPERING DRIVE NORT LARGO FL 33771
236-02 800805574 CROWTHER TED P 5829 SOUTH JAMIAH DRIVE MURRAY UT 84123
236-02 800805665 KIM HONG TAE 4521 GRACETON ROAD WHITEFORD MD 21160
236-02 800805681 MORSHEAD BRET DAVID 1228 DELAWARE AVE SANTA CRUZ CA 95060
236-02 800806002 HAMMEN ROBERT M 4611 FAWN GROVE ROAD PYLESVILLE MD 21132
236-02 800806069 BROWN RICKY N 3085 HONEY LANE LENOIR NC 28645
236-02 800806119 PARACHE MARGARITA 9916 25TH AVENUE EAST ELMHURST NY 11369
236-02 800806150 GONZALES BRENDA 2305 ACERO PUEBLO CO 81004
236-02 800806234 BROWN LAURIE C 3331 GUILFORD COURT NAPLES FL 34112
236-02 800806424 WOODARD THOMAS R 1530 EAST BEECHWOOD DRIVE LAYTON UT 84040
236-02 800806648 MASSEY DAVID WAYNE JR 5981 ARAPAHO ROAD #1408 DALLAS TX 75240
236-02 800806846 MCANDREWS WINIFRED J 4748 COUNTY ROAD 243 DURANGO CO 81301
236-02 800806994 HAYES HARRISON F 535 SOUTH GILPIN STREET DENVER CO 80209
236-02 800807323 ALEO MARK 685 CHELMSFORD STREET LOWELL MA 01851
236-02 800807356 GIBBS ROBERT L 676 TURKEY HILL LANE GREEN POND SC 29466
236-02 800807448 DEAN TIMOTHY RAY 2065 SAINT LUKES CHURCH RO SALISBURY NC 28146
236-02 800807687 WEBSTER SHANNON B 2306 WEST AUTUMN WOOD LANE TAYLORSVILLE UT 84118
236-02 800807752 MABEE JEFFREY M 7206 PAPAYA COURT TAMPA FL 33619
236-02 800808016 SETTLE RALPH 2888 BOYD AVENUE INDIANAPOLIS IN 46203
236-02 800808065 MILTON MARY F 249 GRANITE DRIVE LAKELAND FL 33809
236-02 800808156 JOLLY HUBERT 130-45 149TH STREET JAMAICA NY 11436
236-02 800808198 EVELEIGH JOHN 3620 41ST WAY SOUTH UNIT B ST PETERSBURG FL 33711
236-02 800808297 COOL JEFFREY E 452 MAY STREET NAUGATUCK CT 06770
236-02 800808370 TRACY GEORGE D 2216 44TH STREET SOUTHWEST NAPLES FL 33999
236-02 800808636 PIOLI PETER J 5535 ANTIGUA DRIVE ZEPHYRHILLS FL 33541
236-02 800808693 GRABILL FREDERICK N 1722 TARPON AVENUE SARASOTA FL 34234
236-02 800808776 DAVIS JEFFREY J 1426 BALSAM DRIVE ALLISON PARK PA 15101
236-02 800809642 ROLAND GLENDAL 6159 BARBARA DRIVE SEFFNER FL 33584
236-02 800809725 FULLER KENNETH R 217 SAINT MARYS ROAD PYLESVILLE MD 21132
236-02 800809998 MILITANA CHARLES A 10 ASHEWORTH COURT ATLANTA GA 30327
236-02 800810038 CARNEIRO JOSE M 3260 MAIN STREET UNIT 206 BRIDGEPORT CT 06606
236-02 800810129 BLECHMAN MARK B 7 TURNER DRIVE GREENWICH CT 06831
236-02 800810426 TORALEZ VICTOR M 108 32 42ND AVENUE CORONA NY 11368
236-02 800810459 MANGUM ALAN D 5459 SOUTH ZIONS CIRCLE TAYLORSVILLE UT 84118
236-02 800810483 DAHER ELIE 37 HUESTED LANE WEST NYACK NY 10994
236-02 800810566 CAMPISI OVA 1620 W WOOD DRIVE PHOENIX AZ 85029
236-02 800810582 CAMACHO RAY 609 BELLFLOWER DRIVE PUEBLO WEST CO 81007
236-02 800810905 MESSLER STEVEN 79 DOGWOOD LANE BUSHKILL PA 18324
236-02 800811119 ZWAK CLAYTON L JR 14141 HOWARD BOULEVARD KATHLEEN FL 33849
236-02 800811259 BROPHY JAMES E 19 WINDING WAY FRAZER PA 19355
236-02 800811473 PINTO WILLIAM D 55 AMOSLAND ROAD NORWOOD PA 19074
236-02 800811655 BRAND ROBERT PAUL 2800 45TH STREET SOUTH GULFPORT FL 33711
236-02 800811762 RICH PENNEY 719 CARVER STREET LAKELAND FL 33805
236-02 800811788 MASON DENNIS 636 7TH AVENUE NORTH ST PETERSBURG FL 33701
236-02 800812067 KANG YOUNG KEE 139 SAXBY TERRACE CHERRY HILL NJ 08003
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800801623 120,000.00 120,000.00 06/18/98 05/18/13 179.54 06/18/98 80.0 9.650 1,022.18
236-02 800801862 37,980.00 37,980.00 05/22/98 04/22/18 238.68 05/22/98 69.0 9.650 357.75
236-02 800802001 31,000.00 31,000.00 07/01/98 06/01/13 180.00 07/01/98 73.0 9.975 271.47
236-02 800802019 80,500.00 80,500.00 06/01/98 05/01/13 179.00 06/01/98 70.0 12.600 865.39
236-02 800802472 27,015.00 26,922.90 05/28/98 04/28/18 238.88 06/28/98 85.9 11.350 285.31
236-02 800802571 50,500.00 50,500.00 06/15/98 05/15/18 239.44 06/15/98 72.1 8.400 435.06
236-02 800802720 32,200.00 32,002.22 06/05/98 05/05/13 179.11 07/05/98 89.9 11.900 328.74
236-02 800803447 20,000.00 20,000.00 06/11/98 05/11/13 179.31 06/11/98 76.3 11.900 238.75
236-02 800803454 11,000.00 11,000.00 07/01/98 06/01/13 180.00 07/01/98 65.7 9.975 118.04
236-02 800803488 35,000.00 35,000.00 07/01/98 06/01/13 180.00 07/01/98 84.1 11.475 408.31
236-02 800803512 43,840.00 43,840.00 07/01/98 06/01/13 180.00 07/01/98 84.9 11.350 429.13
236-02 800803579 167,900.00 167,900.00 06/18/98 05/18/13 179.54 06/18/98 89.9 10.150 1,819.70
236-02 800803892 39,000.00 39,000.00 06/12/98 05/12/18 239.34 06/12/98 72.4 10.850 398.58
236-02 800803983 181,600.00 181,600.00 06/27/98 05/27/13 179.84 06/27/98 80.0 8.000 1,332.52
236-02 800804007 21,165.00 21,103.77 06/01/98 05/01/13 179.00 07/01/98 85.0 11.250 243.89
236-02 800804064 88,470.00 88,470.00 06/27/98 05/27/13 179.84 06/27/98 90.0 10.650 819.21
236-02 800804072 21,700.00 21,700.00 07/01/98 06/01/18 240.00 07/01/98 89.9 10.650 218.84
236-02 800804155 16,550.00 16,550.00 06/26/98 05/26/13 179.80 06/26/98 89.9 10.400 181.92
236-02 800804379 20,000.00 20,000.00 06/04/98 05/04/13 179.08 06/04/98 85.7 11.600 234.91
236-02 800804536 35,700.00 35,700.00 06/18/98 05/18/28 359.54 06/18/98 83.0 9.150 291.11
236-02 800804726 150,750.00 150,750.00 06/01/98 05/01/13 179.00 06/01/98 90.0 11.750 1,521.68
236-02 800804999 46,000.00 46,000.00 06/01/98 05/01/28 359.00 06/01/98 57.5 12.300 483.81
236-02 800805053 50,000.00 50,000.00 07/01/98 06/01/13 180.00 07/01/98 83.5 11.475 583.30
236-02 800805160 22,583.00 22,583.00 06/06/98 05/06/13 179.15 06/06/98 84.7 12.600 279.81
236-02 800805210 24,300.00 24,127.52 06/08/98 05/08/13 179.21 07/08/98 79.9 12.200 253.70
236-02 800805574 15,918.00 15,918.00 05/20/98 04/20/13 178.62 05/20/98 86.3 12.100 192.07
236-02 800805665 35,750.00 35,733.55 04/01/98 03/01/13 177.00 06/01/98 84.9 13.000 395.47
236-02 800805681 90,473.00 90,473.00 07/02/98 06/02/13 180.03 07/02/98 85.0 11.475 894.22
236-02 800806002 55,000.00 55,000.00 06/13/98 05/13/13 179.38 06/13/98 76.3 11.850 559.39
236-02 800806069 27,625.00 27,625.00 06/18/98 05/18/13 179.54 06/18/98 85.0 11.750 327.12
236-02 800806119 175,500.00 175,500.00 06/06/98 05/06/28 359.15 06/06/98 90.0 10.250 1,572.66
236-02 800806150 81,600.00 81,600.00 07/01/98 06/01/13 180.00 07/01/98 85.0 8.900 650.71
236-02 800806234 72,250.00 72,250.00 06/28/98 05/28/28 359.87 06/28/98 85.0 10.250 647.43
236-02 800806424 51,407.00 51,407.00 07/01/98 06/01/13 180.00 07/01/98 84.9 11.350 595.64
236-02 800806648 54,400.00 54,400.00 06/01/98 05/01/28 359.00 06/01/98 80.0 9.150 443.60
236-02 800806846 252,000.00 252,000.00 06/01/98 05/01/28 359.00 06/01/98 60.0 8.900 2,009.54
236-02 800806994 54,069.00 54,069.00 07/01/98 06/01/13 180.00 07/01/98 74.9 10.850 609.46
236-02 800807323 15,000.00 15,000.00 06/14/98 05/14/13 179.41 06/14/98 79.6 14.250 202.29
236-02 800807356 45,000.00 45,000.00 06/26/98 05/26/18 239.80 06/26/98 74.6 11.000 464.48
236-02 800807448 50,000.00 50,000.00 07/01/98 06/01/13 180.00 07/01/98 69.4 9.850 532.72
236-02 800807687 34,400.00 34,400.00 07/01/98 06/01/13 180.00 07/01/98 84.1 11.350 398.58
236-02 800807752 42,000.00 42,000.00 06/18/98 05/18/18 239.54 06/18/98 70.0 9.150 381.95
236-02 800808016 49,000.00 49,000.00 06/27/98 05/27/13 179.84 06/27/98 77.7 12.100 591.24
236-02 800808065 10,000.00 10,000.00 06/26/98 05/26/13 179.80 06/26/98 83.6 11.000 113.66
236-02 800808156 119,000.00 118,940.79 03/05/98 02/05/28 356.19 06/05/98 85.0 12.650 1,283.90
236-02 800808198 42,000.00 42,000.00 06/11/98 05/11/18 239.31 06/11/98 70.0 10.850 429.24
236-02 800808297 107,000.00 107,000.00 07/02/98 06/02/28 360.03 07/02/98 81.0 8.900 853.26
236-02 800808370 28,500.00 28,500.00 06/12/98 05/12/08 119.34 06/12/98 86.1 10.750 388.57
236-02 800808636 37,600.00 37,600.00 06/11/98 05/11/13 179.31 06/11/98 80.0 11.650 442.83
236-02 800808693 50,000.00 50,000.00 06/08/98 05/08/13 179.21 06/08/98 60.9 9.850 433.25
236-02 800808776 39,900.00 39,900.00 06/13/98 05/13/13 179.38 06/13/98 79.9 10.600 443.53
236-02 800809642 75,000.00 75,000.00 06/01/98 05/01/23 299.00 06/01/98 80.6 9.750 668.35
236-02 800809725 68,000.00 68,000.00 06/15/98 05/15/13 179.44 06/15/98 81.3 9.400 705.98
236-02 800809998 77,500.00 77,500.00 06/06/98 05/06/18 239.15 06/06/98 79.9 9.900 742.76
236-02 800810038 24,050.00 24,050.00 05/28/98 04/28/13 178.88 05/28/98 65.0 10.700 223.60
236-02 800810129 975,000.00 975,000.00 06/08/98 05/08/13 179.21 06/08/98 48.7 9.100 7,915.32
236-02 800810426 208,800.00 208,800.00 06/13/98 05/13/13 179.38 06/13/98 90.0 10.250 1,871.06
236-02 800810459 86,600.00 86,600.00 08/01/98 07/01/28 361.00 08/01/98 64.1 6.150 527.59
236-02 800810483 283,500.00 283,500.00 05/24/98 04/24/13 178.75 05/24/98 90.0 11.450 2,796.66
236-02 800810566 17,300.00 17,300.00 07/06/98 06/06/13 180.16 07/06/98 53.0 8.775 173.16
236-02 800810582 22,900.00 22,900.00 07/01/98 06/01/13 180.00 07/01/98 80.0 12.100 276.31
236-02 800810905 11,000.00 11,000.00 07/01/98 06/01/13 180.00 07/01/98 83.4 11.500 128.50
236-02 800811119 71,200.00 71,200.00 06/15/98 05/15/18 239.44 06/15/98 80.0 10.750 722.84
236-02 800811259 34,000.00 34,000.00 06/27/98 05/27/13 179.84 06/27/98 79.5 12.200 354.97
236-02 800811473 74,800.00 74,800.00 07/01/98 06/01/28 360.00 07/01/98 80.0 9.250 615.36
236-02 800811655 108,800.00 108,613.27 06/01/98 05/01/28 359.00 07/01/98 85.0 11.600 1,085.75
236-02 800811762 10,000.00 10,000.00 06/13/98 05/13/08 119.38 06/13/98 33.3 11.250 139.17
236-02 800811788 19,000.00 19,000.00 06/15/98 05/15/13 179.44 06/15/98 52.1 10.100 205.34
236-02 800812067 37,000.00 36,801.66 02/14/98 01/14/13 175.46 06/14/98 84.7 13.300 475.47
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 24 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800812299 TYSARCZYK PATRICIA L 4003 KIMPTON PLACE LARGO FL 33771
236-02 800812307 SHEETS KENNETH CLARK 5689 CONGO ROAD WILKESBORO NC 28697
236-02 800812331 MOELLER SHARON K. 2208 CONCHITA STREET LAS VEGAS NV 89108
236-02 800812810 SEPESY KAREN M 16 OSNAS LANE SAUGERTIES NY 12477
236-02 800813024 WINDHAM JUDITH P 290 SW 14TH STREET GRESHAM OR 97080
236-02 800813065 MCCULLOUGH WILLIAM C 1410 KINGS ROAD NEWPORT BEACH CA 92663
236-02 800813073 GORDON ANTHONY L 292 WEST CR 1000 NORTH FORTVILLE IN 46040
236-02 800813099 EVELEIGH JOHN 3620 41ST WAY SOUTH UNIT E ST PETERSBURG FL 33711
236-02 800813446 SKALON MARTIN W 1342 EAST LA VIEVE LANE TEMPE AZ 85284
236-02 800813503 PHILLIPS JAMES R 14226 PEACE BOULEVARD SPRING HILL FL 34610
236-02 800813537 MROZEK MIECZYSLAW 60-36 70TH AVENUE RIDGEWOOD NY 11385
236-02 800813636 SILVA SYLVIA 7622 NORTH 33RD DRIVE PHOENIX AZ 85051
236-02 800813784 MARTE CENOVIA M 38 CAPITAL STREET PAWTUCKET RI 02860
236-02 800813792 BREWER MICHEAL RAY 609 MITCHELL AVENUE SMYRNA TN 37167
236-02 800813867 SCHULKE ART D 7402 ALVINA STREET TAMPA FL 33625
236-02 800814006 BRYAN JOYCE A 4679 PINEGATE ROAD ORANGE PARK FL 32073
236-02 800814113 VANHOOSIER GUNTHER 263 JOVITA COURT HENDERSON NV 89014
236-02 800814279 WYKLE JUDY LEA 7648 QUIVAS STREET DENVER CO 80221
236-02 800814766 BRADLEY MARIE Z 102 CENTER ST WINDER GA 30680
236-02 800815177 DOWNES FAYETTA M 403 LINCOLN STREET DENTON MD 21629
236-02 800815375 CHAPMAN TODD 491 BOY SCOUT RD GASTON SC 29053
236-02 800815573 JOSLIN SARA 4299 NORTH BELSAY FLINT MI 48506
236-02 800815607 ROSS BRENDA JO 2508 FRASER STREET BAY CITY MI 48708
236-02 800815714 CLAUNCH CARLA R 3621 SPANN AVENUE INDIANAPOLIS IN 46201
236-02 800815888 TORRICELLI RUTH 338 CLIFTON AVENUE STATEN ISLAND NY 10305
236-02 800815961 NUNEZ MARIO C 329 NORTH I STREET SALT LAKE CITY UT 84103
236-02 800816035 MESSENGER JILL ELAINE 2601 GREENMONT DRIVE FORT COLLINS CO 80524
236-02 800816084 SUTTON ANNIE M 2403 19TH STREET EAST BRADENTON FL 34208
236-02 800816332 FORENZA MICHAEL A 100 DOWD STREET D14 HAVERSTRAW NY 10927
236-02 800816365 TRIPLETT WAYNE N 4217 SOUTH 351ST STREET AUBURN WA 98001
236-02 800816605 DRIVER LARRY D 7150 NEVADA LANE COLORADO SPRINGS CO 80922
236-02 800816647 TWEED JEAN M 606 SLATEFORD ROAD MT BETHEL PA 18343
236-02 800816811 BRANCH HARVEY B 2704 JEWELL ROAD JACKSONVILLE FL 32216
236-02 800817074 VASQUEZ PAUL J 785 71ST AVENUE NORTH ST PETERSBURG FL 33702
236-02 800817272 AKERS DANIEL B 61 RIVERS EDGE LANE SELAH WA 98942
236-02 800817603 SCHUBERT JUSTINE 3413 CORTINA CIRCLE COLORADO SPRINGS CO 80918
236-02 800817694 PALMIERI ARCANGELO 64 WEST ROAD WATERTOWN CT 06795
236-02 800817850 BLACKWOOD JOHN 2114 FIRESIDE DRIVE BETHLEHEM PA 18018
236-02 800818015 HODGE BRENDAL 1324 OLD FORGE ROAD NILES OH 44446
236-02 800818585 CLANCY MICHAEL JAMES 102 MYRTLE STREET BROCKTON MA 02401
236-02 800818668 DEASON RENAE M 11330 TORREY PINES DRIVE RIVERVIEW FL 33569
236-02 800818692 RYON DARLENE T. 2740 NEW YORK STREET WEST MELBOURNE FL 32904
236-02 800818775 CARRION JOHN 1780 EAST 32ND STREET LORAIN OH 44055
236-02 800818825 GIGLIOTTI GUY 245 CLAY STREET TAMAQUA PA 18252
236-02 800818874 MCCOURT KIM 107 NORTH OWENS CIRCLE AUBURNDALE FL 33823
236-02 800818932 JONES LESLIE J 30 JOHN DAVID DRIVE CRAWFORDVILLE FL 32327
236-02 800819088 OTERO HAYDEE 1719 SOUTHEAST LAMBRIGHT A TAMPA FL 33610
236-02 800819138 WALDEN WILLIAM 5661 WEST CO RD 900 N N SALEM IN 46165
236-02 800819179 SHIVELY BETTY 4793 KERRY LANE SARASOTA FL 34232
236-02 800819211 DELP THOMAS H 2479 ADRIAN AVENUE LARGO FL 33774
236-02 800819609 ARGO CHARLES R. 141 K STREET NE EPHRATA WA 98823
236-02 800819716 BLAND ARTHUR R 7070 DADDYS LANE BRYANS ROAD MD 20616
236-02 800819757 BOLLENBERGHE RONALD J 122 SEVENTH STREET NORTH COLORADO SPRINGS CO 80903
236-02 800819864 SINGH HARJIT 737 SPRINGTON CIRCLE ASTON PA 19014
236-02 800819948 FRASER BEVERLY 4004 DARLINGTON ROAD HOLIDAY FL 34691
236-02 800819989 YOUNG KEVIN M 125 LAKE AVENUE WEST KIRKLAND WA 98033
236-02 800820029 SWILLEY ROBERT W. 5209 SOUTHEAST 171 STREET HAWTHORNE FL 32640
236-02 800820672 GORE MONA R 615 ELIAZABETH OAK COURT ALPHARETTA GA 30201
236-02 800820748 STEWART THOMAS 2041 KOEHNE ST INDIANAPOLIS IN 46202
236-02 800820797 DAVIS JOSEPH 13 GREENTREE DRIVE RIVERHEAD NY 11901
236-02 800820904 MONTGOMERY HAROLD 172 NORTH 11TH ST NOBLESVILLE IN 46060
236-02 800821118 DOHM RAYMOND J 31 FAIRMOUNT AVENUE MAHWAH NJ 07430
236-02 800821191 DANIELS DAVID 1148 SPRUCE STREET READING PA 19602
236-02 800821274 MASSARO RACHEL E 441 BROOKDALE DRIVE EASTLAKE OH 44095
236-02 800821902 DIAZ LIBRADA 7293 MYRTLE ROAD FT MYERS FL 33912
236-02 800821977 MEADOR CLAUDBERTA K 3245 BROUSE STREET GREENTOWN OH 44630
236-02 800822520 RAPPAPORT MARVIN 6307 WAXMYRTLE CIRCLE TAMARAC FL 33319
236-02 800822827 WILLIAMS DOUGLAS A 153 11 111TH ROAD JAMAICA NY 11433
236-02 800823098 MURAWSKY MARY F 3041 EAGLES LANDING CIRCLE CLEARWATER FL 33761
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800812299 84,000.00 84,000.00 06/11/98 05/11/18 239.31 06/11/98 80.0 7.750 689.60
236-02 800812307 91,300.00 91,300.00 07/02/98 06/02/13 180.03 07/02/98 74.2 8.500 899.07
236-02 800812331 24,000.00 24,000.00 07/01/98 06/01/13 180.00 07/01/98 74.9 9.725 253.88
236-02 800812810 50,000.00 50,000.00 06/08/98 05/08/13 179.21 06/08/98 59.8 13.250 562.89
236-02 800813024 59,500.00 59,500.00 07/01/98 06/01/13 180.00 07/01/98 85.0 11.375 583.55
236-02 800813065 648,000.00 648,000.00 06/01/98 05/01/13 179.00 06/01/98 79.0 7.800 4,664.76
236-02 800813073 79,900.00 79,900.00 06/26/98 05/26/28 359.80 06/26/98 85.0 11.500 791.24
236-02 800813099 42,000.00 42,000.00 06/11/98 05/11/18 239.31 06/11/98 70.0 10.850 429.24
236-02 800813446 37,000.00 36,972.39 06/01/98 05/01/13 179.00 07/01/98 45.5 12.250 387.73
236-02 800813503 56,000.00 56,000.00 06/11/98 05/11/18 239.31 06/11/98 80.0 12.350 630.33
236-02 800813537 25,000.00 25,000.00 06/12/98 05/12/08 119.34 06/12/98 77.2 12.000 358.68
236-02 800813636 27,000.00 27,000.00 06/01/98 05/01/28 359.00 06/01/98 29.1 10.400 244.97
236-02 800813784 75,000.00 75,000.00 06/04/98 05/04/13 179.08 06/04/98 78.1 9.150 611.58
236-02 800813792 20,100.00 20,100.00 07/01/98 06/01/13 180.00 07/01/98 79.8 11.975 240.91
236-02 800813867 92,250.00 92,250.00 06/27/98 05/27/28 359.84 06/27/98 90.0 9.900 802.75
236-02 800814006 83,000.00 83,000.00 06/11/98 05/11/18 239.31 06/11/98 82.1 9.150 754.80
236-02 800814113 142,000.00 142,000.00 07/01/98 06/01/13 180.00 07/01/98 88.1 7.275 971.10
236-02 800814279 30,000.00 30,000.00 07/01/98 06/01/18 240.00 07/01/98 29.1 11.350 316.83
236-02 800814766 70,550.00 70,550.00 06/06/98 05/06/28 359.15 06/06/98 85.0 11.600 704.04
236-02 800815177 62,100.00 62,100.00 06/13/98 05/13/13 179.38 06/13/98 90.0 9.900 540.39
236-02 800815375 33,600.00 33,600.00 06/11/98 05/11/13 179.31 06/11/98 80.0 11.650 395.72
236-02 800815573 73,100.00 73,100.00 06/15/98 05/15/13 179.44 06/15/98 85.0 10.250 655.05
236-02 800815607 40,000.00 40,000.00 06/26/98 05/26/13 179.80 06/26/98 80.0 10.500 365.90
236-02 800815714 40,300.00 40,300.00 06/28/98 05/28/18 239.87 06/28/98 65.0 9.300 370.40
236-02 800815888 137,700.00 137,700.00 05/14/98 04/14/13 178.42 06/14/98 90.0 11.050 1,316.55
236-02 800815961 35,778.00 35,778.00 05/22/98 04/22/18 238.68 05/22/98 89.5 11.050 370.51
236-02 800816035 104,000.00 103,903.87 07/01/98 06/01/28 360.00 09/01/98 72.9 9.600 882.09
236-02 800816084 39,000.00 39,000.00 06/15/98 05/15/28 359.44 06/15/98 75.0 11.100 374.36
236-02 800816332 46,750.00 46,750.00 06/22/98 05/22/28 359.67 06/22/98 85.0 9.900 406.81
236-02 800816365 45,547.00 45,547.00 06/26/98 05/26/18 239.80 06/26/98 64.8 13.340 544.69
236-02 800816605 115,600.00 115,600.00 07/01/98 06/01/28 360.00 07/01/98 85.0 8.750 909.43
236-02 800816647 19,935.00 19,935.00 07/01/98 06/01/13 180.00 07/01/98 85.0 11.000 226.58
236-02 800816811 13,500.00 13,500.00 06/12/98 05/12/13 179.34 06/12/98 86.4 10.900 152.59
236-02 800817074 26,000.00 26,000.00 06/28/98 05/28/28 359.87 06/28/98 69.3 10.850 244.66
236-02 800817272 24,000.00 24,000.00 07/01/98 06/01/13 180.00 07/01/98 90.0 10.300 215.96
236-02 800817603 79,120.00 79,120.00 07/01/98 06/01/13 180.00 07/01/98 85.0 10.350 867.25
236-02 800817694 135,000.00 135,000.00 06/26/98 05/26/13 179.80 06/26/98 69.9 9.600 1,417.86
236-02 800817850 19,000.00 19,000.00 07/02/98 06/02/08 120.03 07/02/98 89.7 10.400 255.31
236-02 800818015 40,000.00 40,000.00 06/29/98 05/29/18 239.90 06/29/98 55.5 9.000 359.89
236-02 800818585 113,400.00 113,400.00 06/22/98 05/22/13 179.67 06/22/98 90.0 11.000 1,079.93
236-02 800818668 13,600.00 13,600.00 06/21/98 05/21/13 179.64 06/21/98 89.9 10.650 151.60
236-02 800818692 104,400.00 104,400.00 06/15/98 05/15/28 359.44 06/15/98 90.0 9.900 908.48
236-02 800818775 42,400.00 42,400.00 06/12/98 05/12/18 239.34 06/12/98 80.0 10.850 433.33
236-02 800818825 18,400.00 18,400.00 06/15/98 05/15/13 179.44 06/15/98 80.0 9.125 188.00
236-02 800818874 72,000.00 72,000.00 06/06/98 05/06/13 179.15 06/06/98 90.0 9.750 618.59
236-02 800818932 80,000.00 80,000.00 06/08/98 05/08/28 359.21 06/08/98 80.0 8.900 637.95
236-02 800819088 36,000.00 36,000.00 06/18/98 05/18/28 359.54 06/18/98 80.0 9.400 300.08
236-02 800819138 130,500.00 130,500.00 06/11/98 05/11/13 179.31 06/11/98 90.0 9.500 1,362.71
236-02 800819179 67,920.00 67,920.00 06/01/98 05/01/13 179.00 06/01/98 80.0 11.990 698.11
236-02 800819211 65,500.00 65,500.00 06/18/98 05/18/28 359.54 06/18/98 65.5 7.750 469.25
236-02 800819609 60,000.00 60,000.00 07/01/98 06/01/13 180.00 07/01/98 75.0 8.025 441.30
236-02 800819716 40,000.00 40,000.00 06/20/98 05/20/13 179.61 06/20/98 79.9 9.850 426.18
236-02 800819757 98,000.00 98,000.00 07/01/98 06/01/18 240.00 07/01/98 70.0 9.000 881.73
236-02 800819864 26,120.00 26,120.00 06/29/98 05/29/13 179.90 06/29/98 84.9 11.350 302.64
236-02 800819948 34,000.00 34,000.00 06/06/98 05/06/13 179.15 06/06/98 77.2 10.850 319.94
236-02 800819989 133,025.00 133,025.00 07/01/98 06/01/13 180.00 07/01/98 69.8 9.850 1,152.67
236-02 800820029 61,200.00 61,200.00 07/02/98 06/02/18 240.03 07/02/98 85.0 9.900 586.54
236-02 800820672 499,500.00 499,500.00 06/12/98 05/12/28 359.34 06/12/98 81.2 10.350 4,513.20
236-02 800820748 40,800.00 40,800.00 06/12/98 05/12/13 179.34 06/12/98 85.0 10.750 457.35
236-02 800820797 163,000.00 163,000.00 06/01/98 05/01/28 359.00 06/01/98 88.1 10.500 1,491.03
236-02 800820904 79,000.00 79,000.00 06/11/98 05/11/13 179.31 06/11/98 84.9 9.400 820.18
236-02 800821118 28,200.00 28,200.00 06/26/98 05/26/13 179.80 06/26/98 90.0 10.850 265.36
236-02 800821191 44,625.00 44,625.00 06/28/98 05/28/28 359.87 06/28/98 85.0 9.650 380.12
236-02 800821274 100,000.00 100,000.00 06/19/98 05/19/13 179.57 06/19/98 78.1 7.750 716.41
236-02 800821902 55,250.00 55,250.00 06/11/98 05/11/13 179.31 06/11/98 85.0 8.400 420.92
236-02 800821977 61,400.00 61,400.00 06/11/98 05/11/28 359.31 06/11/98 78.7 10.350 554.78
236-02 800822520 75,000.00 75,000.00 06/18/98 05/18/13 179.54 06/18/98 84.6 11.100 857.16
236-02 800822827 70,000.00 70,000.00 06/06/98 05/06/28 359.15 06/06/98 46.6 13.990 828.86
236-02 800823098 108,750.00 108,750.00 06/01/98 05/01/28 359.00 06/01/98 75.0 11.100 1,043.88
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 25 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800823155 MONDZELEWSKI EARL K. 17333 ORIOLE ROAD FORT MYERS FL 33912
236-02 800823213 GRIMES FRANK L 1226 PLACID DRIVE LAKE PLACID FL 33852
236-02 800823338 JAGDEO ANNE BYRD 109 63 205TH STREET SAINT ALBANS NY 11412
236-02 800823445 WITTER BEVERLY 2746 TENBROECK AVENUE BRONX NY 10469
236-02 800823577 LUTES KAREN K. 10834 LEON STREET NEW PORT RICHEY FL 34654
236-02 800823734 BREWER LINDA A 15170 CANONGATE DRIVE FORT MYERS FL 33912
236-02 800824054 LUNDELL CHARLES T. 4058 W LAKE SAMMAMISH PKY BELLEVUE WA 98008
236-02 800824088 DANIELSON MICHAEL J 639 PORTLAND AVENUE ST. PAUL MN 55104
236-02 800824302 ROWLEY VIDA 6411 UPLAND STREET PHILADELPHIA PA 19142
236-02 800824401 PEREZ ARLENE 3950 HOWARD AVENUE SEAFORD NY 11783
236-02 800824831 SCHMIDT RUDOLPH G 4185 NORTH ROAD NAPLES FL 34104
236-02 800824922 SCAPACCINO DEREK A 3761 SOUTHEAST 132ND AVENU OKEECHOBEE FL 34974
236-02 800824948 CARTER MICHAEL VINCENT 511 N PATTERSON PARK AVE BALTIMORE MD 21205
236-02 800825358 SMITH MARION M 12030 MCGREGOR BOULEVARD FORT MYERS FL 33919
236-02 800825671 EVERSFIELD JAMES L 1749-1749 1/2 NORTH AVENUE LOS ANGELES CA 90042
236-02 800825838 KOULOUVARIS BILL 2219 BANYAN DRIVE CLEARWATER FL 33763
236-02 800825846 THARP DAVID C. 6311 GLORIA DRIVE HUNTINGTON BEACH CA 92647
236-02 800825986 GRIFFIN CHERYL E ROUTE 3 BOX 441 PIGNUT ROA GILMER TX 75644
236-02 800826224 ANDREWS PAUL JEFF 187 W GREEN STREET NANTICOKE PA 18634
236-02 800826877 BOWMAN HERBERT N 2616 JUPITER AVE JACKSONVILLE FL 32206
236-02 800827016 SANTOS CARLOS A 106108 MANHATTAN AVENUE BRIDGEPORT CT 06606
236-02 800827222 WEBBER EARL F 616 NORTHEAST 17TH PLACE CAPE CORAL FL 33909
236-02 800827370 BROWN ROBERT WILLIAM 2561 EDMOND CIRCLE AUBURNDALE FL 33823
236-02 800827487 LEBBAD FOUAD 3931 NORTHWEST 207 STREET MIAMI FL 33055
236-02 800827511 KING FRANK 4344 OLLIE ROAD LAKELAND FL 33810
236-02 800828279 STAHL HENRY 6432 EAST WILLOW STREET INVERNESS FL 34452
236-02 800828451 LEWIS RICHARD 7400 COLLEGE PARKWAY FORT MYERS FL 33907
236-02 800828477 ERLICHMAN ARLENE 1170 EAST 85TH STREET BROOKLYN NY 11236
236-02 800828667 GORDON RONNIE LEE 301 RICHMOND AVENUE RURAL RETREAT VA 24368
236-02 800829038 GUIN MICHAEL S 7432 SOUTH EUDORA WAY LITTLETON CO 80122
236-02 800829491 SMITH DOUGLAS E 1423 COUNTRYSIDE DR INDIANAPOLIS IN 46231
236-02 800829533 VALENTINE MANUEL T 3197 BARNETT COURT COLUMBUS OH 43227
236-02 800829616 SHIELDS JOHN R 106 NORTH 11TH STREET EASTON PA 18045
236-02 800829939 SUDOCK CHRISTOPHE F 71 FOREST LANE CHESHIRE CT 06410
236-02 800830101 HENDERSON PAMELA D 185 HOLMES AVENUE ATHENS GA 30601
236-02 800830119 VELEZ MIGUEL 320 322 EAST FRONT STREET PLAINFIELD NJ 07060
236-02 800830481 ALEXANDER CLYDE J. 6564 SMOKE TREE LANE PARADISE VALLEY AZ 85253
236-02 800830689 ALLEN RON 101 OVERVIEW ESTATES SANFORD NC 27330
236-02 800830713 SYMS HAROLD E JR 5212 FOXFIRE ROAD FAYETTEVILLE NC 28303
236-02 800830838 DIETZE PETER 878 STRAWBERRY CANYON ROAD WATSONVILLE CA 95076
236-02 800830929 VADEN DIANA 100 IMADISON STREET BROOKLYN NY 11216
236-02 800831018 PILLAR JAMES R 892 SKINNER AVENUE PAINESVILLE OH 44077
236-02 800831117 WERNER ARCH P 148 150 CHOCOLATE AVENUE HERSHEY PA 17033
236-02 800831380 STAFFORD TAMMIE R 5306 ARROWSMITH ROAD JACKSONVILLE FL 32208
236-02 800831513 TOMLIN MICHAEL C 5466 ROYSTON HIGHWAY CANON GA 30520
236-02 800831521 VEALEY ALBERT W RT 1 BOX 83-A QUINCY FL 32351
236-02 800831562 ZAPPALA ANDREA 6379 2ND AVENUE NORTH ST PETERSBURG FL 33710
236-02 800831984 WHITAKER CLIFTON E 1910 DARLINGTON PLACE GREENSBORO NC 27405
236-02 800832008 BRODY SCOTT A 16 CHATHAM PLACE DIX HILLS NY 11746
236-02 800832073 LEBRON HECTOR L 530 N FRONT STREET READING PA 19601
236-02 800832503 BENNETT ARTHUR G 818 61ST STREET SOUTH GULFPORT FL 33707
236-02 800832552 COLLINS WALLACE R 3071 WEST AVENUE WARREN OH 44483
236-02 800832594 CARPENTER SCOTT D 2584 VALLEY DRIVE LANCASTER PA 17603
236-02 800832818 BRITT JOHN K 47 HARVARD STREET C402 CHARLESTOWN MA 02129
236-02 800832982 BERMUDEZ CANDIDO 48 17 205TH ST CLEARVIEW E BAYSIDE NY 11364
236-02 800833485 ULRICH DALE W. 1423 UNDINE STREET BELLINGHAM WA 98226
236-02 800833527 BROWN LEE E 353 NORTH 16TH STREET MOLENA GA 30223
236-02 800833725 KOWALSKI GERALD THOMAS 35095 TAMER LANE DADE CITY FL 33523
236-02 800833881 COATES LELAND A 2498 WEST 5780 SOUTH TAYLORSVILLE UT 84118
236-02 800834046 HULANICK RICHARD 2325 BOWMAN AVENUE KINGSTON PA 18704
236-02 800834145 FIDLER BRUCE R 900 EAST CANAL STREET LEBANON PA 17046
236-02 800834343 HORAK JEFFERY S 4708 CHARLESTON AVENUE PLANT CITY FL 33567
236-02 800834376 SCOTT QUINN F 4033 CASTOR AVENUE PHILADELPHIA PA 19124
236-02 800834665 WILLOUGHBY JOSEPH E 14520 DORY LANE FORT MYERS FL 33908
236-02 800834681 RUELES LARRY 3122 CENTER ODESSA TX 79762
236-02 800834939 HARRIS WILL 6235 S CAMPBELL CHICAGO IL 60629
236-02 800835266 ROGERS THOMAS 22 RIVER VIEW LANE MARION MA 02738
236-02 800835639 EVANS JEANINE 65 DUNCAN DRIVE WEST WESTBURY NY 11590
236-02 800835878 BENNETT GARLAND WAYNE 272 WINFIELD DRIVE KING NC 27021
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800823155 72,250.00 72,250.00 06/13/98 05/13/13 179.38 06/13/98 85.0 11.100 693.52
236-02 800823213 54,900.00 54,900.00 06/20/98 05/20/18 239.61 06/20/98 90.0 9.750 520.74
236-02 800823338 154,700.00 154,700.00 07/01/98 06/01/28 360.00 07/01/98 85.0 10.000 1,357.60
236-02 800823445 31,800.00 31,800.00 06/15/98 05/15/18 239.44 06/15/98 89.9 11.990 349.92
236-02 800823577 27,000.00 27,000.00 06/19/98 05/19/18 239.57 06/19/98 77.1 8.650 236.88
236-02 800823734 328,400.00 328,400.00 06/15/98 05/15/28 359.44 06/15/98 80.0 8.000 2,409.68
236-02 800824054 244,000.00 244,000.00 07/01/98 06/01/13 180.00 07/01/98 84.6 10.975 2,319.06
236-02 800824088 30,045.00 30,045.00 07/01/98 06/01/13 180.00 07/01/98 85.0 9.725 317.83
236-02 800824302 35,700.00 35,700.00 06/28/98 05/28/28 359.87 06/28/98 85.0 11.500 353.53
236-02 800824401 74,000.00 74,000.00 06/27/98 05/27/13 179.84 06/27/98 43.5 8.000 707.18
236-02 800824831 20,750.00 20,750.00 06/15/98 05/15/13 179.44 06/15/98 85.0 11.850 247.04
236-02 800824922 63,750.00 63,750.00 06/28/98 05/28/18 239.87 06/28/98 85.0 10.400 632.19
236-02 800824948 34,300.00 34,300.00 06/04/98 05/04/13 179.08 06/04/98 80.0 9.750 294.69
236-02 800825358 15,250.00 15,250.00 06/19/98 05/19/13 179.57 06/19/98 85.0 11.350 176.70
236-02 800825671 13,500.00 13,500.00 07/01/98 06/01/18 240.00 07/01/98 89.8 10.375 133.65
236-02 800825838 20,500.00 20,500.00 06/13/98 05/13/13 179.38 06/13/98 89.9 10.150 222.18
236-02 800825846 18,000.00 18,000.00 07/01/98 06/01/18 240.00 07/01/98 82.8 9.025 162.24
236-02 800825986 37,125.00 37,125.00 07/01/98 06/01/18 240.00 07/01/98 75.0 12.100 411.37
236-02 800826224 15,519.00 15,519.00 07/01/98 06/01/13 180.00 07/01/98 85.1 11.350 179.81
236-02 800826877 33,700.00 33,700.00 06/15/98 05/15/13 179.44 06/15/98 74.8 10.350 304.49
236-02 800827016 134,000.00 134,000.00 06/20/98 05/20/13 179.61 06/20/98 89.9 10.350 1,210.75
236-02 800827222 56,800.00 56,800.00 06/27/98 05/27/28 359.84 06/27/98 80.0 12.450 604.00
236-02 800827370 57,500.00 57,500.00 06/26/98 05/26/13 179.80 06/26/98 71.8 9.850 612.63
236-02 800827487 32,000.00 32,000.00 06/07/98 05/07/28 359.18 06/07/98 80.0 9.500 269.07
236-02 800827511 28,000.00 28,000.00 06/27/98 05/27/08 119.84 06/27/98 80.0 9.100 356.21
236-02 800828279 68,800.00 68,800.00 06/18/98 05/18/18 239.54 06/18/98 76.4 7.750 564.81
236-02 800828451 34,500.00 34,268.86 06/22/98 05/22/18 239.67 07/22/98 60.5 9.450 320.46
236-02 800828477 47,000.00 47,000.00 06/11/98 05/11/18 239.31 06/11/98 62.8 10.750 477.16
236-02 800828667 72,675.00 72,675.00 06/18/98 05/18/13 179.54 06/18/98 85.0 8.500 715.66
236-02 800829038 12,800.00 12,800.00 07/01/98 06/01/13 180.00 07/01/98 74.9 12.100 154.45
236-02 800829491 97,650.00 97,650.00 06/27/98 05/27/13 179.84 06/27/98 90.0 10.650 904.21
236-02 800829533 68,750.00 68,750.00 06/28/98 05/28/28 359.87 06/28/98 89.2 10.150 610.96
236-02 800829616 41,600.00 41,600.00 06/12/98 05/12/28 359.34 06/12/98 80.0 9.250 342.23
236-02 800829939 19,800.00 19,800.00 06/20/98 05/20/18 239.61 06/20/98 79.6 14.600 254.89
236-02 800830101 59,920.00 59,920.00 06/26/98 05/26/28 359.80 06/26/98 80.0 12.200 625.58
236-02 800830119 140,000.00 140,000.00 06/12/98 05/12/13 179.34 06/12/98 80.0 9.900 1,218.27
236-02 800830481 72,500.00 72,500.00 07/01/98 06/01/28 360.00 07/01/98 79.9 12.975 800.58
236-02 800830689 75,150.00 75,150.00 06/18/98 05/18/28 359.54 06/18/98 90.0 11.900 767.22
236-02 800830713 28,150.00 28,150.00 06/18/98 05/18/13 179.54 06/18/98 46.7 8.750 281.34
236-02 800830838 47,988.00 47,988.00 07/01/98 06/01/13 180.00 07/01/98 84.9 10.975 456.09
236-02 800830929 153,000.00 153,000.00 06/11/98 05/11/13 179.31 06/11/98 90.0 11.450 1,509.31
236-02 800831018 68,000.00 68,000.00 06/20/98 05/20/13 179.61 06/20/98 80.0 7.750 487.16
236-02 800831117 31,200.00 31,200.00 06/13/98 05/13/13 179.38 06/13/98 65.0 11.850 317.33
236-02 800831380 14,000.00 14,000.00 06/28/98 05/28/08 119.87 06/28/98 22.5 12.840 207.72
236-02 800831513 131,750.00 131,750.00 07/02/98 06/02/13 180.03 07/02/98 85.0 12.100 1,365.35
236-02 800831521 62,400.00 62,400.00 06/15/98 05/15/28 359.44 06/15/98 80.0 10.850 587.19
236-02 800831562 21,500.00 21,500.00 06/22/98 05/22/13 179.67 06/22/98 62.5 9.150 219.99
236-02 800831984 51,805.00 51,805.00 04/16/98 03/16/13 177.47 05/16/98 65.0 12.750 562.96
236-02 800832008 364,455.00 364,455.00 06/11/98 05/11/13 179.31 06/11/98 80.9 8.500 2,802.34
236-02 800832073 43,000.00 43,000.00 06/21/98 05/21/28 359.64 06/21/98 84.3 11.500 425.83
236-02 800832503 26,000.00 26,000.00 06/20/98 05/20/18 239.61 06/20/98 48.1 8.500 225.63
236-02 800832552 44,000.00 44,000.00 07/01/98 06/01/13 180.00 07/01/98 80.0 8.450 432.00
236-02 800832594 97,750.00 97,750.00 07/01/98 06/01/13 180.00 07/01/98 85.0 8.250 734.36
236-02 800832818 35,400.00 35,400.00 06/18/98 05/18/13 179.54 06/18/98 79.7 11.100 339.80
236-02 800832982 39,035.00 39,035.00 06/21/98 05/21/13 179.64 06/21/98 90.0 11.150 447.35
236-02 800833485 25,350.00 25,350.00 07/01/98 06/01/13 180.00 07/01/98 89.5 10.275 227.63
236-02 800833527 55,200.00 55,200.00 06/21/98 05/21/28 359.64 06/21/98 80.0 13.100 614.94
236-02 800833725 38,250.00 38,250.00 06/16/98 05/16/18 239.47 06/16/98 85.0 11.750 414.52
236-02 800833881 26,250.00 26,250.00 07/01/98 06/01/13 180.00 07/01/98 85.0 11.350 304.15
236-02 800834046 60,000.00 60,000.00 06/28/98 05/28/28 359.87 06/28/98 75.0 10.600 553.33
236-02 800834145 86,000.00 86,000.00 07/01/98 06/01/28 360.00 07/01/98 80.0 9.650 732.56
236-02 800834343 32,500.00 32,500.00 06/12/98 05/12/18 239.34 06/12/98 57.0 10.250 319.03
236-02 800834376 48,510.00 48,510.00 06/18/98 05/18/13 179.54 06/18/98 90.0 10.650 449.19
236-02 800834665 87,500.00 87,500.00 06/15/98 05/15/18 239.44 06/15/98 74.9 10.600 879.47
236-02 800834681 22,100.00 22,100.00 07/01/98 06/01/13 180.00 07/01/98 85.0 8.900 222.84
236-02 800834939 76,500.00 76,500.00 06/28/98 05/28/28 359.87 06/28/98 85.0 11.500 757.57
236-02 800835266 190,800.00 190,800.00 06/15/98 05/15/13 179.44 06/15/98 89.9 10.650 1,766.76
236-02 800835639 177,650.00 177,650.00 06/22/98 05/22/28 359.67 06/22/98 85.0 10.500 1,625.03
236-02 800835878 23,588.00 23,588.00 07/01/98 06/01/13 180.00 07/01/98 85.0 11.850 280.82
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 26 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800836017 VICK SHIRLEY LEE 12919 3RD STREET FORT MYERS FL 33905
236-02 800836066 SENA MARIA T 4639 ALCOTT STREET DENVER CO 80211
236-02 800836116 KWILINSKI JOHN J. 10381 SOUTHEAST 131ST PLAC OCKLAWAHA FL 32179
236-02 800836173 DANIEL MARC 14815 NORTH SPUR DRIVE MIAMI FL 33161
236-02 800836330 DEITRICH ANGELA M 409 EAST MAIN STREET JUNCTION CITY OH 43748
236-02 800836595 STANCHFIELD MARK 4110 25TH STREET NORTH ST PETERSBURG FL 33714
236-02 800836728 LOW LONNY C 741 MAJESTIC DRIVE PAGOSA SPRINGS CO 81147
236-02 800836876 COUNCIL CLIFTON 104 BAUER AVENUE MANORVILLE NY 11949
236-02 800837015 COLEMAN COS L 6211 BAYNTON STREET PHILADELPHIA PA 19144
236-02 800837320 WERNER ARCH P 514 PARK TERRACE HARRISBURG PA 17111
236-02 800837544 CHIU JON 600 WEST MORELAND AVENUE KINGSTON PA 18644
236-02 800837718 USHER JUDITH 11508 TRILLUM STREET MITCHELLVILLE MD 20721
236-02 800837759 WARDWELL MICHAEL J 5918 TIMBER LAKE BLVD INDIANAPOLIS IN 46237
236-02 800837932 BLANCO J LOUIS 21354 FULTONHAM CIRCLE ASHBURN VA 20147
236-02 800838807 LEACH JAMES 134 KATHLEEN TERRACE SANFORD NC 27330
236-02 800838906 SPENCE DONALD D 14328 TIKI LANE JACKSONVILLE FL 32226
236-02 800838963 RAMOS ANGELES C. 3735 NORTH MARSHFIELD AVEN CHICAGO IL 60613
236-02 800838997 MERCADO SELINDA 1736 LINCOLN AVENUE OGDEN UT 84404
236-02 800839185 SAFOU JOSEPH 54223 POCOHANTAS DRIVE SHELBY TOWNSHIP MI 48315
236-02 800839243 FRUGE JAMES R 19971 PEIRSON DETROIT MI 48219
236-02 800839557 BAPTIST DONALD R 5284 SUNRAY MEMPHIS TN 38118
236-02 800839599 BRISTOL JOHN 428 EAST ORANGE STREET TARPON SPRINGS FL 34689
236-02 800839615 WILMOTH JULIE M 21255 WEST WESTERN RESERVE NORTH BENTON OH 44449
236-02 800839813 SCHLACHTER STEWART A 12619 WEST FOSS GROVE PATH INGLIS FL 34449
236-02 800839896 PATTERSON WAYNE A 8015 LAKE HENRY ROAD BARTOW FL 33830
236-02 800839904 RASMUSSEN CAROLE SUE 281 BENSON STREET NAPLES FL 34113
236-02 800839953 MCDERMOTT JOSEPH F 3204 EAST MARITANA DRIVE ST PETE BEACH FL 33706
236-02 800840118 SIMMONS OLENA E 506 NORTH 400 EAST OREM UT 84057
236-02 800840688 WRIGHT THOMAS R. 270- 272 SIENA DRIVE LONG BEACH CA 90803
236-02 800841124 DITSCHER CHRISTINE P 343 CRESTWOOD AVENUE LEHIGH ACRES FL 33936
236-02 800841504 WALKER PATRICK S 4362 MATILDA AVENUE BRONX NY 10466
236-02 800841777 PICKARD JEFF 1617 CORONADO ROAD FORT MYERS FL 33901
236-02 800841926 FUNAIOLE BARBARA L 6503 1ST STREET WEST BRADENTON FL 34207
236-02 800842320 ROOSEVELT RE ALTY INC 5153 WALNUT STREET CLAREMONT NH 03743
236-02 800842361 SCOFIELD TRACEY D RR4 BOX 7083 CHRISTIAN HIL MILFORD PA 18337
236-02 800842429 PERINI JUNE 35 NEWTON STREET DENVER CO 80209
236-02 800842494 BONSER GEORGE A 419 NORTH ELIZABETH STREET TAMAQUA PA 18252
236-02 800842734 HIGGINS ROBERT 6951 NORTHWEST 78TH PLACE CHIEFLAND FL 32626
236-02 800843617 PESZKO MICHAEL S 5818 SOUTHWEST 1ST COURT CAPE CORAL FL 33914
236-02 800844680 MACDONALD DAVID L. 5047 BILLYS CREEK DRIVE FORT MYERS FL 33905
236-02 800845299 JONES TYRONE R 975 MARTIN STREET ATLANTA GA 30315
236-02 800845349 HOLCOMB WESLEY T 393 CITRUS HIGHLAND DRIVE BARTOW FL 33830
236-02 800845620 BOSWORTH CHARLES W 8 FRANK STREET LINDENHURST NY 11757
236-02 800845901 HARRISON WILLIAM W 5617 WEST GIRARD AVENUE PHILADELPHIA PA 19131
236-02 800845950 SILVA RANDY 717 WEST PIERCE STREET PHOENIX AZ 85007
236-02 800846800 BRYAN BARBARA L 1838 ALMERIA WAY SOUTH ST PETERSBURG FL 33712
236-02 800846891 RAFFERTY REGINA N. 5190 37TH WAY SOUTH ST PETERSBURG FL 33711
236-02 800847121 GILLARD CHARLES W 337 JOEL BOULEVARD LEHIGH ACRES FL 33972
236-02 800847584 SHAHID LISA 513 MILLEDGE GATE DRIVE MARIETTA GA 30067
236-02 800848855 MCCOLLOUGH JAMES M 1425 RACIMO DRIVE SARASOTA FL 34240
236-02 800848939 ALEXANDER CANDY 520 PONDER AVENUE SARASOTA FL 34232
236-02 800849069 SHINGLER EDWARD 1 FAIRVIEW STREET MESHOPPEN PA 18630
236-02 800849267 FREEMAN ROBERT 3485 LOWELL AVENUE JACKSONVILLE FL 32254
236-02 800850208 SWAIN TERRY LEE 3400 MIZELL STREET TALLAHASSEE FL 32311
236-02 800850265 TOVAR CESAR 1010 EAST NEW ORLEANS STRE TAMPA FL 33603
236-02 800850984 DUNHAM CLAYTON 3037 57TH STREET SOUTH GULFPORT FL 33707
236-02 800851354 CRAVEN JERRY N 3 NEW CASTLE WAY GREENVILLE SC 29615
236-02 800851560 MCBRIDE GEORGE H. 6974 301ST AVENUE NORTH CLEARWATER FL 33761
236-02 800851834 JONES MARIANN B. 15300 SHAMROCK DRIVE SOUTH FORT MYERS FL 33912
236-02 800852428 FRAYRE JOSE V 427 LAWRENCE STREET MIDDLETOWN PA 17057
236-02 800853970 LAMB JERRI 412 W NEW YORK AVE CANON CITY CO 81212
236-02 800854432 TARMAN MICHAEL J. 11460 SOUTHWEST CEDAR AVEN ARCADIA FL 34266
236-02 800854606 THOMAS JOHN M 9912 CASTLE GLEN TERRACE RICHMOND VA 23236
236-02 800854671 COFFEE DEBRA LYNN 7056 54TH STREET NORTH PINELLAS PARK FL 33781
236-02 800854721 GIBSON E H 7189 SOUTHEAST 80TH STREET TRENTON FL 32693
236-02 800854788 SNOW MARCIA E. 6401 WEST ROBIN LANE CRYSTAL RIVER FL 34429
236-02 800854820 RIVERA RUTH 5440 11TH AVENUE FORT MYERS FL 33907
236-02 800854952 SPOSITO LEO 9818 WATERMARK ROAD TRUMANSBURG NY 14886
236-02 800855140 RUDDOCK DIXIE M 4415 SEMORAN FARMS ROAD KISSIMMEE FL 34744
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800836017 59,500.00 59,500.00 06/20/98 05/20/13 179.61 06/20/98 82.6 8.900 474.48
236-02 800836066 59,000.00 59,000.00 07/01/98 06/01/13 180.00 07/01/98 79.9 12.200 615.98
236-02 800836116 41,600.00 41,600.00 06/28/98 05/28/18 239.87 06/28/98 80.0 10.000 401.45
236-02 800836173 144,500.00 144,500.00 06/15/98 05/15/28 359.44 06/15/98 85.0 9.650 1,230.88
236-02 800836330 34,850.00 34,714.36 06/01/98 05/01/28 359.00 07/01/98 85.0 12.800 380.07
236-02 800836595 11,443.00 11,443.00 06/26/98 05/26/13 179.80 06/26/98 90.0 11.150 131.14
236-02 800836728 350,000.00 350,000.00 07/01/98 06/01/13 180.00 07/01/98 83.7 10.750 3,267.19
236-02 800836876 268,000.00 267,940.09 04/23/98 03/23/13 177.70 05/23/98 80.0 13.100 2,985.58
236-02 800837015 32,000.00 32,000.00 07/02/98 06/02/13 180.03 07/02/98 62.7 10.850 301.12
236-02 800837320 77,000.00 77,000.00 06/13/98 05/13/13 179.38 06/13/98 79.7 11.850 783.15
236-02 800837544 123,750.00 123,750.00 06/20/98 05/20/13 179.61 06/20/98 75.0 10.600 1,141.25
236-02 800837718 315,000.00 315,000.00 06/07/98 05/07/13 179.18 06/07/98 90.0 11.450 3,107.40
236-02 800837759 60,400.00 60,400.00 06/22/98 05/22/13 179.67 06/22/98 80.0 9.750 518.93
236-02 800837932 43,000.00 43,000.00 06/20/98 05/20/13 179.61 06/20/98 88.5 10.150 382.13
236-02 800838807 81,900.00 81,900.00 06/28/98 05/28/28 359.87 06/28/98 90.0 11.650 820.43
236-02 800838906 42,500.00 42,500.00 06/18/98 05/18/18 239.54 06/18/98 85.0 12.350 478.37
236-02 800838963 75,000.00 75,000.00 06/27/98 05/27/13 179.84 06/27/98 78.1 10.600 691.67
236-02 800838997 20,500.00 20,500.00 07/01/98 06/01/28 360.00 07/01/98 37.2 8.650 159.81
236-02 800839185 66,000.00 66,000.00 06/01/98 05/01/13 179.00 06/01/98 84.1 11.650 661.16
236-02 800839243 53,600.00 53,600.00 06/20/98 05/20/28 359.61 06/20/98 80.0 10.700 498.33
236-02 800839557 61,600.00 61,600.00 07/01/98 06/01/18 240.00 07/01/98 84.9 9.900 590.38
236-02 800839599 35,750.00 35,750.00 06/28/98 05/28/18 239.87 06/28/98 71.5 9.600 335.57
236-02 800839615 68,000.00 68,000.00 06/28/98 05/28/28 359.87 06/28/98 68.0 8.150 506.09
236-02 800839813 38,298.00 38,298.00 07/01/98 06/01/13 180.00 07/01/98 84.9 7.850 362.69
236-02 800839896 52,000.00 52,000.00 07/01/98 06/01/18 240.00 07/01/98 80.0 9.900 498.37
236-02 800839904 18,598.00 18,598.00 06/28/98 05/28/13 179.87 06/28/98 79.9 8.500 183.14
236-02 800839953 119,000.00 119,000.00 06/26/98 05/26/18 239.80 06/26/98 85.0 8.650 1,044.03
236-02 800840118 21,037.00 21,037.00 07/01/98 06/01/13 180.00 07/01/98 71.7 10.600 233.85
236-02 800840688 55,000.00 55,000.00 07/01/98 06/01/18 240.00 07/01/98 84.6 10.450 547.26
236-02 800841124 19,250.00 19,250.00 06/27/98 05/27/13 179.84 06/27/98 84.6 9.900 205.69
236-02 800841504 178,000.00 178,000.00 06/27/98 05/27/18 239.84 06/27/98 73.2 8.375 1,530.67
236-02 800841777 15,000.00 15,000.00 06/28/98 05/28/13 179.87 06/28/98 76.6 12.200 181.96
236-02 800841926 40,950.00 40,950.00 06/27/98 05/27/18 239.84 06/27/98 65.0 9.600 384.39
236-02 800842320 79,400.00 79,400.00 07/01/98 06/01/13 180.00 07/01/98 70.8 11.700 937.66
236-02 800842361 121,500.00 121,500.00 07/02/98 06/02/28 360.03 07/02/98 69.8 7.750 870.44
236-02 800842429 15,583.00 15,583.00 07/01/98 06/01/13 180.00 07/01/98 84.9 9.900 166.50
236-02 800842494 17,500.00 17,500.00 07/02/98 06/02/28 360.03 07/02/98 64.8 10.600 161.39
236-02 800842734 53,000.00 53,000.00 07/01/98 06/01/28 360.00 07/01/98 77.9 8.750 416.95
236-02 800843617 12,000.00 12,000.00 06/20/98 05/20/13 179.61 06/20/98 89.5 10.150 106.64
236-02 800844680 46,500.00 46,500.00 06/20/98 05/20/13 179.61 06/20/98 77.5 8.900 468.87
236-02 800845299 45,050.00 45,050.00 06/20/98 05/20/28 359.61 06/20/98 85.0 11.250 437.55
236-02 800845349 71,100.00 71,100.00 06/27/98 05/27/18 239.84 06/27/98 90.0 10.900 729.05
236-02 800845620 57,500.00 57,500.00 06/20/98 05/20/13 179.61 06/20/98 78.3 9.800 610.88
236-02 800845901 57,510.00 57,510.00 06/18/98 05/18/28 359.54 06/18/98 90.0 10.900 543.34
236-02 800845950 34,000.00 34,000.00 07/01/98 06/01/28 360.00 07/01/98 80.0 10.450 309.75
236-02 800846800 39,000.00 39,000.00 06/26/98 05/26/28 359.80 06/26/98 52.0 8.150 290.26
236-02 800846891 21,400.00 21,400.00 06/26/98 05/26/18 239.80 06/26/98 89.9 10.900 219.43
236-02 800847121 40,000.00 40,000.00 07/02/98 06/02/28 360.03 07/02/98 80.0 9.750 343.66
236-02 800847584 69,000.00 69,000.00 06/28/98 05/28/13 179.87 06/28/98 85.0 11.350 799.48
236-02 800848855 34,000.00 34,000.00 07/01/98 06/01/13 180.00 07/01/98 75.6 9.400 352.99
236-02 800848939 56,600.00 56,600.00 06/28/98 05/28/28 359.87 06/28/98 70.7 9.600 480.06
236-02 800849069 30,000.00 30,000.00 07/02/98 06/02/13 180.03 07/02/98 48.3 10.350 271.06
236-02 800849267 20,000.00 20,000.00 06/26/98 05/26/13 179.80 06/26/98 50.0 10.600 222.32
236-02 800850208 25,000.00 25,000.00 06/15/98 05/15/13 179.44 06/15/98 55.5 9.150 255.80
236-02 800850265 43,350.00 43,350.00 06/28/98 05/28/28 359.87 06/28/98 85.0 9.150 353.49
236-02 800850984 36,000.00 36,000.00 06/18/98 05/18/18 239.54 06/18/98 75.0 9.600 337.92
236-02 800851354 21,800.00 21,800.00 06/21/98 05/21/13 179.64 06/21/98 87.9 10.150 236.27
236-02 800851560 24,000.00 24,000.00 06/27/98 05/27/13 179.84 06/27/98 90.0 10.150 213.28
236-02 800851834 55,000.00 55,000.00 06/27/98 05/27/18 239.84 06/27/98 48.2 7.750 451.52
236-02 800852428 59,312.00 59,312.00 07/01/98 06/01/23 300.00 07/01/98 83.5 9.650 524.40
236-02 800853970 40,500.00 40,500.00 07/01/98 06/01/13 180.00 07/01/98 75.0 10.850 381.11
236-02 800854432 18,750.00 18,750.00 07/02/98 06/02/13 180.03 07/02/98 64.6 11.000 213.11
236-02 800854606 30,000.00 30,000.00 06/04/98 05/04/13 179.08 06/04/98 89.5 12.950 378.59
236-02 800854671 62,400.00 62,400.00 06/20/98 05/20/18 239.61 06/20/98 80.0 10.600 627.19
236-02 800854721 12,800.00 12,800.00 07/02/98 06/02/13 180.03 07/02/98 80.0 12.150 154.86
236-02 800854788 36,000.00 36,000.00 06/28/98 05/28/18 239.87 06/28/98 78.2 9.350 332.05
236-02 800854820 41,200.00 41,200.00 06/26/98 05/26/13 179.80 06/26/98 80.0 12.200 430.14
236-02 800854952 65,000.00 65,000.00 06/28/98 05/28/13 179.87 06/28/98 32.5 8.900 655.41
236-02 800855140 160,000.00 160,000.00 06/28/98 05/28/28 359.87 06/28/98 72.7 8.250 1,202.03
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I Page 27 7/9/98
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98
Zip
Pool ID Account Name Address City State Code
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-02 800855231 BRIDGES LARRY E. 148 OLD WELCOME ROAD LITHIA FL 33547
236-02 800855421 ROSCOE RUSSELL P 114 POPLARGROVE STREET PITTSBURGH PA 15210
236-02 800855777 GUYMON-AITKE GAIL 5073 SHADOW RIDGE CASTLE ROCK CO 80104
236-02 800855991 PALACIO ARTURO 1432 S 58TH AVENUE CICERO IL 60650
236-02 800856254 ARNOLD RUSSELL 617 ELM STREET OLYPHANT PA 18447
236-02 800856353 SHAIK CHRISTOPHE J 6800 71ST AVENUE NORTH PINELLAS PARK FL 33781
236-02 800856494 TAVARES JOSE 2513 - 2515 EAST MAIN STRE BRIDGEPORT CT 06608
236-02 800857419 MCDOWELL C THOMAS 437 S FIRESTONE BLVD AKRON OH 44301
236-02 800859399 TIMMERMAN DOUGLAS K 6468 SOUTH CLEMATIS WAY WEST JORDAN UT 84084
236-02 800859514 LABRASSEUR ROBERT 371 PINE STREET FREEPORT NY 11520
236-02 800859555 THURLO STEPHEN A 2000 SOUTH BUENA VISTA DRI MOAB UT 84532
236-02 800859910 HOWARD RICHARD R 1093 SOUTHEAST 7TH AVENUE ARCADIA FL 34266
236-02 800860231 DAVIS KHADIJAH 261416 E NORTH STREET INDPLS IN 46201
236-02 800861007 STONE WILHELMINA L 10400 46TH AVENUE BELTSVILLE MD 20705
236-02 800861551 BOZEMAN BERNARD W. 511 BROXBURN AVENUE TEMPLE TERRACE FL 33617
236-02 800861643 NEWLON MARTHA A 520 40TH AVENUE NORTH SAINT PETERSBURG FL 33703
236-02 800861916 MORALES SANTOS 75 ELIZABETH AVENUE HEMPSTEAD NY 11550
236-02 800862070 TURNER TERRI 5621 MEADOWBROOK STREET ZEPHYRHILLS FL 33541
236-02 800862104 RUNFOLA JOSEPH A 2170 DUNKLEY ROAD LEICESTER NY 14481
236-02 800862377 MATTHEWS JOHN 2454 AUSTRALIA WAY EAST #2 CLEARWATER FL 33763
236-02 800862583 DAVIS SHARON A. 3907 DELMONT DR INDPLS IN 46236
236-02 800862609 WANKELMAN W. WARREN 30425 RABBIT RUN PUNTA GORDA FL 33982
236-02 800862641 MESSINGER ANGIE M 529 NORTH LUMBER STREET ALLENTOWN PA 18102
236-02 800863052 LENNOX BRIAN A 1904 121ST STREET EAST TACOMA WA 98445
236-02 800863664 GUERRA JAMES 489 CARNATION DRIVE SHIRLEY NY 11967
236-02 800865214 RIVERS GREGORY 556 EVERGREEN AVENUE BROOKLYN NY 11221
236-02 800865412 JACKSON JESSE 103 N 2ND STREET ALLENTOWN PA 18101
236-02 800865560 ALDRIDGE TIMOTHY 265 CONKLIN STREET FARMINGDALE NY 11735
236-02 800866402 O'NEILL ALBERT J 3 KLAIBAR LANE EAST NORTH PORT NY 11731
236-02 800867517 BACK KARLA E 144 LANCASTER BLVD MECHANICSBURG PA 17055
236-02 800868101 KREISER RONALD L 212 WILSON STREET MIDDLETOWN PA 17057
236-02 800868358 NIERLING PRISCILLA M 4695 S WASHINGTON STREET ENGLEWOOD CO 80110
236-02 800868952 WASHINGTON SYLVESTER 8 POPLAR STREET CENTRAL ISLIP NY 11722
236-02 800869240 POSEY JIMMY N 138 JOHN SWAFFORD ROAD NEBO NC 28761
236-02 800869760 WILK HENRY C 5 FOUNTAIN AVENUE SELDEN NY 11784
236-02 800869893 FIELDS HARRE LINDA 3105 EAST CHELSEA STREET TAMPA FL 33610
236-02 800870024 HELLIGAR IRADE 418 TARPON STREET KISSIMMEE FL 34744
236-02 800870156 PYLE BOPHA TAING 2546 STRESA LANE GRAND PRAIRIE TX 75052
236-02 800870628 BURDEAUX STEVEN C 650 WEST HAWTHORN STREET LOUISVILLE CO 80027
236-02 800872673 FIELDS HARRE LINDA 1312 AZEELE STREET TAMPA FL 33606
236-02 800873341 MAYFIELD RAYMOND JAMES 9 MATHERS FARM ROAD CRAWFORDVILLE FL 32327
236-02 800873580 MANFREDONIA JOSEPH 177 WALDO STREET COPIAGUE NY 11726
236-02 800873838 WASHINGTON SYLVESTER 40 NORTH 15TH STREET WYANDANCH NY 11798
236-02 800877284 SLATER BYRON L 8535 RICHMOND STREET GIBSONTON FL 33534
236-02 800878738 TELLIS RICKY N 11595 ULMERTON ROAD LARGO FL 33778
236-02 800879413 BAKER KENNETH W 207 CAMERON STREET BERRYVILLE VA 22611
236-02 800883530 FILIPELLI JOHN J 1390 86TH TERRACE NORTH ST PETERSBURG FL 33702
236-02 800888331 HEPLER DAVID K 7240 ARCOLA WATERFORD MI 48329
236-02 800890147 PHARR LEONARD 1 GREENTREE DRIVE RIVERHEAD NY 11901
------------------------------------------
1,789 Sale Total
236-51 800300725 CHARLES RUBY E 48 WALNUT STREET TOCCOA GA 30577
236-51 800401580 HENRIKSBO REIDAR J 10413 NE 63RD STREET VANCOUVER WA 98662
236-51 800413841 BOLTON ARNETTA KAYE 9239 CORAL ROAD OAKLAND CA 94603
236-51 800749582 ELKINS DOUGLAS M 1445 S GENEVIEVE STREET BURTON MI 48509
236-51 800749905 KREAGER DOUGLAS 39 WILCOX MILAN MI 48160
236-51 800832651 MITCHELL TERRANCE 15016 W RUSSELL ROAD ZION IL 60099
236-51 800842486 MAXWELL ROY L 3014 BUTTERFIELD ROAD YAKIMA WA 98901
236-51 800855785 LAMBERT WILMA 2512 SEYMOUR AVENUE KNOXVILLE TN 37917
236-51 800862898 NEWLIN JERRY L PO 222 NORTH STREET BLOOMINGDALE IN 47832
236-51 800872889 KAROUT ALI 14405 SW YEARLING WAY BEAVERTON OR 97006
236-51 5000000066 TOOKER DAVID B 712 N 85TH AVENUE ST PETERSBURG FL 33702
236-51 5000000157 DENNIS HATTIE LEE 1115 CARLTON STREET CLEARWATER FL 34615
236-51 5000000199 CORSON SHIRLEY A 1861 SOUTH 53RD STREET GULFPORT FL 33707
236-51 5000000314 WILLIAMS EARNEST 112 KEITH DRIVE WARNER ROBINS GA 31093
236-51 5100000610 TREIBER THEODORE C 2021 MORGAN STREET ABERDEEN WA 98520
236-51 5100000800 WRIGHT SUSAN KAY 9330 SW JULIA PLACE Tigard OR 97224
236-51 5100001337 NGUYEN LARRY T 759 33RD AVE LONGVIEW WA 98632
236-51 5100001485 GOWDY WILLIAM L 1015 SOUTH CHASE STREET PORT ANGELES WA 98362
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-02 800855231 60,350.00 60,194.93 04/01/98 03/01/13 177.00 06/01/98 85.0 9.250 621.12
236-02 800855421 24,450.00 24,450.00 07/02/98 06/02/13 180.03 07/02/98 89.8 10.650 272.55
236-02 800855777 22,500.00 22,500.00 07/01/98 06/01/13 180.00 07/01/98 82.5 11.350 260.70
236-02 800855991 60,000.00 60,000.00 06/22/98 05/22/13 179.67 06/22/98 57.1 9.350 621.12
236-02 800856254 33,965.00 33,965.00 06/20/98 05/20/18 239.61 06/20/98 90.0 10.400 336.82
236-02 800856353 54,000.00 54,000.00 06/28/98 05/28/28 359.87 06/28/98 80.0 12.850 591.02
236-02 800856494 56,950.00 56,950.00 06/19/98 05/19/13 179.57 06/19/98 85.0 11.600 568.32
236-02 800857419 79,900.00 79,900.00 06/28/98 05/28/18 239.87 06/28/98 85.0 8.650 700.99
236-02 800859399 30,000.00 30,000.00 06/11/98 05/11/13 179.31 06/11/98 68.6 13.000 379.57
236-02 800859514 70,000.00 70,000.00 06/22/98 05/22/18 239.67 06/22/98 67.3 10.400 694.17
236-02 800859555 23,500.00 23,500.00 07/01/98 06/01/13 180.00 07/01/98 90.0 11.150 269.32
236-02 800859910 15,000.00 15,000.00 06/28/98 05/28/13 179.87 06/28/98 45.4 11.500 175.23
236-02 800860231 56,100.00 56,100.00 06/28/98 05/28/28 359.87 06/28/98 85.0 11.500 555.55
236-02 800861007 42,375.00 42,375.00 06/30/98 05/30/13 179.93 06/30/98 75.0 8.750 333.36
236-02 800861551 14,000.00 14,000.00 06/27/98 05/27/08 119.84 06/27/98 79.8 9.650 182.31
236-02 800861643 45,750.00 45,750.00 06/26/98 05/26/13 179.80 06/26/98 75.0 10.100 404.87
236-02 800861916 100,000.00 100,000.00 06/14/98 05/14/13 179.41 06/14/98 80.0 13.200 1,121.85
236-02 800862070 34,500.00 34,500.00 07/01/98 06/01/18 240.00 07/01/98 75.0 10.950 354.93
236-02 800862104 47,750.00 47,750.00 06/01/98 05/01/13 179.00 06/01/98 89.5 11.600 560.85
236-02 800862377 30,550.00 30,550.00 07/01/98 06/01/28 360.00 07/01/98 65.0 9.650 260.23
236-02 800862583 44,000.00 44,000.00 07/01/98 06/01/28 360.00 07/01/98 80.0 13.350 498.79
236-02 800862609 20,600.00 20,600.00 07/01/98 06/01/13 180.00 07/01/98 79.9 11.850 245.25
236-02 800862641 47,600.00 47,600.00 07/01/98 06/01/28 360.00 07/01/98 70.0 11.350 465.94
236-02 800863052 31,361.00 31,297.63 07/01/98 06/01/18 240.00 09/01/98 74.9 11.850 342.04
236-02 800863664 30,500.00 30,500.00 07/02/98 06/02/18 240.03 07/02/98 85.1 11.100 316.90
236-02 800865214 171,000.00 171,000.00 07/01/98 06/01/13 180.00 07/01/98 90.0 10.850 1,609.12
236-02 800865412 36,125.00 36,125.00 06/20/98 05/20/28 359.61 06/20/98 85.0 11.850 367.42
236-02 800865560 178,500.00 178,500.00 06/22/98 05/22/08 119.67 06/22/98 85.0 9.000 2,261.16
236-02 800866402 181,000.00 181,000.00 06/27/98 05/27/18 239.84 06/27/98 63.5 9.250 1,657.72
236-02 800867517 19,653.00 19,653.00 07/02/98 06/02/13 180.03 07/02/98 85.0 10.900 222.14
236-02 800868101 35,200.00 35,200.00 06/28/98 05/28/13 179.87 06/28/98 80.0 12.200 367.50
236-02 800868358 80,000.00 80,000.00 07/01/98 06/01/18 240.00 07/01/98 68.3 9.750 758.81
236-02 800868952 88,000.00 88,000.00 06/28/98 05/28/13 179.87 06/28/98 80.0 10.150 782.03
236-02 800869240 41,850.00 41,850.00 07/01/98 06/01/28 360.00 07/01/98 90.0 11.150 403.30
236-02 800869760 60,000.00 60,000.00 07/01/98 06/01/18 240.00 07/01/98 61.6 10.100 582.99
236-02 800869893 21,500.00 21,500.00 07/01/98 06/01/13 180.00 07/01/98 61.4 9.850 229.07
236-02 800870024 42,250.00 42,250.00 07/01/98 06/01/13 180.00 07/01/98 63.0 10.850 476.24
236-02 800870156 86,850.00 86,850.00 07/01/98 06/01/13 180.00 07/01/98 90.0 9.900 927.99
236-02 800870628 139,099.00 139,099.00 07/01/98 06/01/13 180.00 07/01/98 84.9 11.100 1,335.19
236-02 800872673 19,800.00 19,800.00 07/01/98 06/01/13 180.00 07/01/98 44.0 9.850 210.96
236-02 800873341 38,000.00 38,000.00 07/02/98 06/02/08 120.03 07/02/98 63.3 9.150 484.46
236-02 800873580 124,600.00 124,600.00 06/28/98 05/28/28 359.87 06/28/98 85.9 11.250 1,210.19
236-02 800873838 76,000.00 76,000.00 06/28/98 05/28/13 179.87 06/28/98 80.0 10.150 675.39
236-02 800877284 43,200.00 43,200.00 07/01/98 06/01/08 120.00 07/01/98 78.5 9.000 547.24
236-02 800878738 45,000.00 45,000.00 06/28/98 05/28/13 179.87 06/28/98 69.2 11.350 440.49
236-02 800879413 38,800.00 38,800.00 07/01/98 06/01/28 360.00 07/01/98 80.0 9.900 337.63
236-02 800883530 29,300.00 29,300.00 07/01/98 06/01/18 240.00 07/01/98 89.9 10.650 295.48
236-02 800888331 26,500.00 26,500.00 06/01/98 05/01/13 179.00 06/01/98 79.9 13.100 337.03
236-02 800890147 166,500.00 166,500.00 07/02/98 06/02/28 360.03 07/02/98 84.0 10.650 1,541.74
-------------------------------------------- ------- -------------------------------
124,547,989.00 124,414,016.71 246.12 78.1 10.560 1,211,280.56
236-51 800300725 11,100.00 11,011.08 10/06/97 08/14/17 231.19 06/15/98 90.7 12.625 117.30
236-51 800401580 30,463.00 30,190.52 12/07/97 10/28/07 113.23 06/21/98 83.2 10.975 386.88
236-51 800413841 59,500.00 57,872.19 12/07/97 10/28/07 113.23 05/24/98 66.1 10.125 729.48
236-51 800749582 68,500.00 67,884.97 06/06/98 04/21/08 119.15 08/01/98 82.5 10.125 839.83
236-51 800749905 60,800.00 60,417.58 06/06/98 04/18/11 155.15 08/01/98 60.8 9.000 611.47
236-51 800832651 89,800.00 89,745.38 07/07/98 04/26/28 360.20 09/01/98 84.7 11.375 812.94
236-51 800842486 83,600.00 83,600.00 07/01/98 04/26/28 360.00 07/01/98 69.6 8.375 586.51
236-51 800855785 45,900.00 45,843.91 07/07/98 05/03/23 300.20 09/01/98 62.8 10.775 408.37
236-51 800862898 54,100.00 53,810.62 07/07/98 05/15/13 180.20 09/01/98 73.6 8.000 477.17
236-51 800872889 128,600.00 128,600.00 07/01/98 05/09/18 240.00 07/01/98 59.2 9.000 1,067.93
236-51 5000000066 46,700.00 46,001.92 12/07/97 10/21/12 173.23 05/24/98 72.9 9.320 445.41
236-51 5000000157 49,900.00 49,747.65 12/07/97 10/09/22 293.23 06/21/98 83.1 12.825 513.41
236-51 5000000199 62,200.00 62,068.60 12/07/97 10/03/27 353.23 05/24/98 42.8 10.780 537.23
236-51 5000000314 52,000.00 50,923.91 12/07/97 10/25/09 137.23 05/24/98 80.0 11.130 605.30
236-51 5100000610 22,041.00 21,392.67 12/07/97 10/28/07 113.23 06/21/98 75.7 12.250 294.79
236-51 5100000800 69,100.00 68,440.53 12/07/97 10/21/12 173.23 06/21/98 45.7 10.125 690.22
236-51 5100001337 72,200.00 70,881.48 12/07/97 10/24/10 149.23 06/21/98 77.6 11.695 832.86
236-51 5100001485 70,825.00 69,881.07 12/07/97 10/19/14 197.23 06/21/98 78.6 9.320 639.69
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 28 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-51 5100001576 VARNER STEPHEN L 1103 EAST 19TH AVENUE KENNEWICK WA 99337
236-51 5100001782 MARSHALL DONALD H 807 SOUTH 11TH AVENUE YAKIMA WA 98902
236-51 5100002186 GIX ROBERT H 1703 EAST 4TH AVENUE SPOKANE WA 99202
236-51 5100002202 STAMP CHARLES ALLEN 20709 NE 87TH AVENUE BATTLE GROUND WA 98604
236-51 5100002509 HELLBUSCH NORMAN P 537 HONEYSUCKLE AVENUE N KEIZER OR 97303
236-51 5100002616 PETERSEN ERICK L 4459 SOUTH 158TH STREET SEATTLE WA 98188
236-51 5100002673 JASMIN GREGORY P 1114 MORGAN CIRCLE ORANGE PARK FL 32073
236-51 5100002947 RIVERA CATHERINE ANNE 10011 SE 157TH LANE SUMMERFIELD FL 34491
236-51 5100003002 FANKHAUSER JAY V 1503 64TH AVENUE NORTHEAST TACOMA WA 98422
236-51 5100003499 BITTERMAN ERMA L 3797 MONROE AVE NE SALEM OR 97301
236-51 5100003515 HOWLAND BRUCE A 3545 THORNDALE RD NE SALEM OR 97301
236-51 5100003556 SILVA DAVID A 2408 N ADDISON ST SPOKANE WA 99207
236-51 5100003580 HOCHSTEDLER GENE H 908 E LONGFELLOW AVE SPOKANE WA 99207
236-51 5100003655 WILSON JOHN B 108 PARKER PLACE PERRY FL 32347
236-51 5100003697 MORIN DANIEL S 2414 WILLIAMS STREET BELLINGHAM WA 98225
236-51 5100010833 PALOMARES HECTOR 38700 ADAMS STREET INDIO CA 92203
236-51 5100015733 BOWERS TERESA J 205 WILL ROGERS AVENUE GUYMON OK 73942
236-51 5100015824 WARD DONOVAN D 25544 WEAVER RD BARSTOW CA 92311
236-51 5100015923 TAYLOR RICHARD A 2619 SOUTH PINES ROAD SPOKANE WA 99206
236-51 5100016004 JOHNSON ISUM 543 NE MORRIS STREET PORTLAND OR 97212
236-51 5100016046 KANDLE VICTOR 1019 NORTH WINCHELL STREET PORTLAND OR 97217
236-51 5100016079 TSCHAUDER RICHARD J 732 SUNRISE STREET RATHDRUM ID 83858
236-51 5100016152 ROLAND DEWITT S 2601 INMAN STREET MUSKOGEE OK 74401
236-51 5100016236 JENSON EUGENE S 11 6TH STREET W VELVA ND 58790
236-51 5100016251 CHARLEBOIS RITA L 408 6TH STREET NE MANDAN ND 58554
236-51 5100016285 BARNES MICHAEL L 2322 JENNINGS AVENUE HOT SPRINGS SD 57747
236-51 5100016301 BISSON RONALD 1202 SILVER LANE EAST HARTFORD CT 06118
236-51 5100016327 DREVLOW ROGER P 4325 HAYCREEK DRIVE BISMARCK ND 58501
236-51 5100016343 WOSICK JOHN T 820 SOUTH 17TH STREET GRAND FORKS ND 58201
236-51 5100016368 RAYNO ALBERT F 21420 E 32ND PLACE BROKEN ARROW OK 74014
236-51 5100016376 DECKER ROXANNA L 907 EAST 2ND STREET REDFIELD SD 57469
236-51 5100016418 CHARLES CADL LAWRENCE 2028 NORTH 7TH PONCA CITY OK 74601
236-51 5100016442 HOFFMAN RAYMOND R 535 LYNWOOD BLVD TWIN FALLS ID 83301
236-51 5100016509 BERRY GRACIE B 5125 NE 19TH AVENUE PORTLAND OR 97211
236-51 5100016533 BEAULIEU JOSEPH 3138 LAKERIDGE COURT SE OLYMPIA WA 98503
236-51 5100016566 ALLGOOD GARY L 929 OLYMPIA DRIVE WALLA WALLA WA 99362
236-51 5100016608 STEVENSON JAMES H 2340 THORPE DRIVE SW TUMWATER WA 98512
236-51 5100016624 PERTEET RICKIE J 720 BOOTH AVENUE LARIMORE ND 58251
236-51 5100016673 GREEN JODI L 1220 S 38TH AVE FARGO ND 58104
236-51 5100016699 ANDERSON CINDY L 3209 WEST 3RD PLACE KENNEWICK WA 99336
236-51 5100016756 SHIPMAN MARY E 19325 E VALLEYWAY GREENACRES WA 99016
236-51 5100016897 HANTEN DARLENE M 417 SOUTH BROADWAY WATERTOWN SD 57201
236-51 5200000015 WILLIAMS BETTY L 11018 LEMOYNE COURT JACKSONVILLE FL 32225
236-51 5200000247 TILLMAN DANNY L 111 PLACID DRIVE LAKE PLACID FL 33852
236-51 5200000304 LINHART JULIA L 4326 SW 159TH COURT OCALA FL 34481
236-51 5200000338 OVERTON BEATRYCE N 2001 CEDARWOOD ST PORT CHARLOTTE FL 33948
236-51 5200000361 HARDWICK KATHY A 1722 N MCCOLLOUGH RD AVON PARK FL 33825
236-51 5400000484 CHARTRAND JACALYN A 5576 WALLEYE DR ST. JOSEPH MI 49085
236-51 5500001606 OHARA MARY M 27 MITCHELL ROAD HACKETTSTOWN NJ 07840
236-51 5500001614 INSKIP DONALD W 133 ROLLSTONE AVENUE WEST SAYVILLE NY 11796
236-51 5500001713 LEVETT SHARON ARLENE 201 EASY STREET NEW KENSINGTON PA 15068
236-51 5500001879 VILLANUEVA JULIETA 50 FERNCLIFF ROAD MORRIS PLAINS NJ 07950
236-51 5600001266 LONG MARY 18304 HERRING ROAD SIDNEY OH 45365
236-51 5600001480 HESSELBART FREDERICK 1612 CRESTWOOD AVENUE TOLEDO OH 43612
236-51 5600001605 GILKEY MARY LUANNE 737 S FOURTH STREET AURORA IL 60505
236-51 5600002678 HULL DEAN A 1516 ELISHA DANVILLE IL 61832
236-51 5600002785 KREUSCHER DAVID P 306 ROBINSON STREET NEWBERRY MI 49868
236-51 5600002793 COMER MARVIN 3923 WESS PARK DRIVE CINCINNATI OH 45217
236-51 5600002900 RITTER PAUL DEAN 422 RANDOLPH DRIVE CENTRALIA IL 62801
236-51 5600003130 BEAVERS WALKER JUNIOR 9300 MAPLE ROAD LOUISVILLE KY 40229
236-51 5600003189 SCACCIA SHARON B 1357 TREBOR ROAD ST JOSEPH TWP MI 49085
236-51 5600003197 WARNER WILLIAM HOWARD 4775 W HICKORY ROAD HICKORY CORNERS MI 49060
236-51 5600003213 SCOBEY GARY P 1199 REID ROAD GRAND BLANC MI 48439
236-51 5600003221 HOLFORD GARY K 820 S CHIPMAN STREET OWOSSO MI 48867
236-51 5600003239 SCHELLIN BRUCE H 1908 TURTLE COVE COURT NAPERVILLE IL 60565
236-51 5600003262 OZEE JUDITH 445 EAST JEFFERSON ARCOLA IL 61910
236-51 5600003296 TIBBETT JERRY D SR 3711 S 280 W ROAD KINGMAN IN 47952
236-51 5600003312 HOOD FRANKLIN D 802 N COCHRAN STREET WEST FRANKFORT IL 62896
236-51 5600003379 FAUBLE KEITH E 523 ELSA STREET NORTH MUSKEGON MI 49445
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 28 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-51 5100001576 27,127.00 26,340.78 12/07/97 10/15/17 233.23 08/16/98 60.8 11.625 269.17
236-51 5100001782 49,600.00 48,316.78 12/07/97 10/28/07 113.23 05/24/98 61.3 11.125 633.80
236-51 5100002186 78,300.00 78,161.56 12/07/97 10/03/27 353.23 05/24/98 90.0 11.625 722.62
236-51 5100002202 61,874.00 61,184.46 12/07/97 10/20/13 185.23 05/24/98 46.8 10.750 624.22
236-51 5100002509 53,600.00 51,811.80 12/07/97 10/29/06 101.23 06/21/98 84.9 12.625 768.65
236-51 5100002616 46,102.00 45,731.37 12/07/97 10/28/07 113.23 06/21/98 84.7 12.875 632.14
236-51 5100002673 54,400.00 53,877.40 12/07/97 10/26/08 125.23 05/24/98 67.1 9.000 600.52
236-51 5100002947 27,659.00 27,383.91 12/07/97 10/15/17 233.23 06/21/98 75.0 11.875 278.87
236-51 5100003002 27,415.00 27,251.39 12/07/97 10/15/17 233.23 06/21/98 84.0 12.875 294.20
236-51 5100003499 52,100.00 51,833.63 12/07/97 10/09/22 293.23 07/19/98 56.6 10.640 458.86
236-51 5100003515 61,000.00 60,615.49 12/07/97 10/24/10 149.23 06/21/98 71.7 9.445 627.95
236-51 5100003556 42,500.00 41,051.73 12/07/97 10/28/07 113.23 06/21/98 73.2 9.000 496.87
236-51 5100003580 49,400.00 49,035.38 12/07/97 10/15/17 233.23 06/21/98 83.7 11.275 479.20
236-51 5100003655 19,000.00 17,681.17 12/07/97 11/03/02 53.23 05/24/98 85.5 11.975 389.80
236-51 5100003697 20,400.00 20,366.09 12/01/97 10/15/12 173.00 06/15/98 68.8 10.625 209.59
236-51 5100010833 73,500.00 73,340.11 07/07/98 05/09/18 240.20 09/01/98 75.0 10.875 694.47
236-51 5100015733 29,200.00 29,200.00 07/01/98 05/15/13 180.00 07/01/98 80.0 9.500 281.42
236-51 5100015824 71,600.00 71,600.00 06/01/98 04/21/08 119.00 06/01/98 89.5 9.875 868.69
236-51 5100015923 67,400.00 67,400.00 07/01/98 05/09/18 240.00 07/01/98 79.2 9.375 574.80
236-51 5100016004 61,800.00 61,800.00 07/01/98 04/26/28 360.00 07/01/98 49.4 10.125 505.87
236-51 5100016046 76,300.00 75,595.18 07/07/98 05/21/08 120.20 09/01/98 70.0 9.625 916.02
236-51 5100016079 86,500.00 86,356.57 07/07/98 05/03/23 300.20 09/01/98 69.2 8.975 668.65
236-51 5100016152 14,400.00 14,262.98 07/07/98 05/21/08 120.20 09/01/98 28.8 9.100 169.07
236-51 5100016236 43,500.00 43,095.31 07/07/98 05/21/08 120.20 09/01/98 73.7 9.500 519.49
236-51 5100016251 35,600.00 35,600.00 07/01/98 05/21/08 120.00 07/01/98 44.2 9.475 424.69
236-51 5100016285 45,500.00 45,375.47 07/07/98 05/09/18 240.20 09/01/98 70.0 9.100 380.55
236-51 5100016301 88,700.00 88,700.00 07/01/98 05/06/20 264.00 07/01/98 69.2 7.750 646.99
236-51 5100016327 92,800.00 92,800.00 07/01/98 05/09/18 240.00 07/01/98 69.2 8.600 748.74
236-51 5100016343 55,200.00 54,938.30 07/07/98 05/15/13 180.20 09/01/98 80.0 9.350 527.40
236-51 5100016368 50,300.00 50,300.00 07/01/98 05/21/08 120.00 07/01/98 89.8 10.475 625.75
236-51 5100016376 44,200.00 43,838.63 07/07/98 05/21/08 120.20 09/01/98 85.0 11.750 579.37
236-51 5100016418 28,800.00 28,570.99 07/07/98 05/21/08 120.20 09/01/98 77.8 12.225 384.80
236-51 5100016442 52,300.00 52,017.60 07/07/98 05/18/11 156.20 09/01/98 55.9 10.975 582.14
236-51 5100016509 76,500.00 76,301.03 07/07/98 05/09/18 240.20 09/01/98 65.9 9.500 658.16
236-51 5100016533 88,500.00 88,500.00 07/01/98 05/04/22 288.00 07/01/98 69.9 8.475 664.44
236-51 5100016566 101,200.00 101,200.00 07/01/98 05/04/22 288.00 07/01/98 79.6 8.250 745.86
236-51 5100016608 105,000.00 104,641.57 07/07/98 05/11/16 216.20 09/01/98 70.0 9.100 913.59
236-51 5100016624 45,500.00 45,500.00 07/01/98 05/21/08 120.00 07/01/98 79.8 9.125 534.79
236-51 5100016673 71,200.00 71,157.87 07/07/98 04/26/28 360.20 09/01/98 59.3 11.500 650.82
236-51 5100016699 68,000.00 67,441.83 07/07/98 05/20/09 132.20 09/01/98 80.0 9.100 754.11
236-51 5100016756 65,200.00 65,030.42 07/07/98 05/09/18 240.20 09/01/98 74.9 9.500 560.94
236-51 5100016897 53,100.00 52,834.27 07/07/98 05/15/13 180.20 09/01/98 63.2 8.750 489.82
236-51 5200000015 114,000.00 113,521.49 07/07/98 05/15/13 180.20 09/01/98 73.0 10.680 1,174.83
236-51 5200000247 135,600.00 135,600.00 07/01/98 05/03/23 300.00 07/01/98 80.2 10.625 1,192.93
236-51 5200000304 45,200.00 44,978.82 07/07/98 05/15/13 180.20 09/01/98 75.3 9.000 423.13
236-51 5200000338 60,800.00 60,800.00 07/01/98 05/15/13 180.00 07/01/98 71.5 10.625 624.65
236-51 5200000361 51,100.00 50,863.71 07/07/98 05/15/13 180.20 09/01/98 73.0 9.625 496.05
236-51 5400000484 20,600.00 20,434.66 02/01/98 12/23/07 115.00 05/24/98 70.5 12.225 275.24
236-51 5500001606 33,600.00 33,493.05 07/07/98 05/10/17 228.20 09/01/98 24.1 8.750 279.45
236-51 5500001614 115,900.00 115,667.47 06/06/98 04/10/17 227.15 08/01/98 81.0 12.501 1,230.22
236-51 5500001713 20,000.00 19,825.49 07/07/98 05/21/08 120.20 09/01/98 25.0 10.625 250.36
236-51 5500001879 221,100.00 219,756.48 07/07/98 05/19/10 144.20 09/01/98 87.5 11.375 2,603.46
236-51 5600001266 47,800.00 47,800.00 07/01/98 05/21/08 120.00 07/01/98 79.6 8.500 546.97
236-51 5600001480 23,500.00 23,270.34 06/06/98 04/21/08 119.15 08/01/98 67.1 8.625 270.36
236-51 5600001605 51,300.00 51,175.71 06/06/98 04/10/17 227.15 08/01/98 39.4 11.000 495.96
236-51 5600002678 44,800.00 44,716.55 06/06/98 04/04/22 287.15 08/01/98 70.0 8.875 347.43
236-51 5600002785 38,800.00 38,456.58 06/06/98 04/21/08 119.15 08/01/98 79.1 10.375 480.68
236-51 5600002793 116,500.00 116,500.00 06/01/98 04/03/23 299.00 06/01/98 76.3 10.276 998.13
236-51 5600002900 39,000.00 38,899.42 06/01/98 04/15/13 179.00 06/29/98 65.0 8.375 351.83
236-51 5600003130 58,000.00 58,000.00 06/01/98 04/11/16 215.00 06/01/98 76.3 9.125 505.49
236-51 5600003189 102,000.00 102,000.00 07/01/98 05/03/23 300.00 07/01/98 75.0 9.775 840.63
236-51 5600003197 52,000.00 51,902.61 07/07/98 05/09/18 240.20 09/01/98 67.5 12.000 528.47
236-51 5600003213 41,300.00 40,893.57 07/07/98 05/21/08 120.20 09/01/98 38.5 8.500 472.59
236-51 5600003221 52,200.00 52,200.00 07/01/98 05/09/18 240.00 07/01/98 82.8 9.125 437.37
236-51 5600003239 73,800.00 73,614.73 07/07/98 05/09/18 240.20 09/01/98 35.1 9.775 647.21
236-51 5600003262 56,700.00 56,483.64 07/07/98 05/13/15 204.20 09/01/98 74.6 9.125 505.79
236-51 5600003296 32,300.00 32,300.00 07/01/98 05/21/08 120.00 07/01/98 80.7 11.375 416.98
236-51 5600003312 39,500.00 39,122.02 07/07/98 05/21/08 120.20 09/01/98 68.6 9.000 461.80
236-51 5600003379 39,300.00 39,197.16 07/07/98 05/10/17 228.20 09/01/98 63.3 10.375 364.86
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 29 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-51 5600003387 MYNHIER JACQUELINE A 1307 TIMS DRIVE MT STERLING KY 40353
236-51 5600003502 BEYDOUN JAMAL 7829 WISCONSIN STREET DEARBORN MI 48126
236-51 5600003601 GIRARD TERENCE L 203 W LARUE STREATOR IL 61364
236-51 5700001158 PUNZEL EDGAR V 5534 W WINDSOR AVENUE PHOENIX AZ 85035
236-51 5700001216 LUCERO MICHAEL ANTHONY 1406 SUNSET PLACE ROSWELL NM 88201
236-51 5700001281 SULLIVAN WANDA L 3587 DESATOYA DRIVE CARSON CITY NV 89701
236-51 5700001307 JONES MARY LYNE 2359 WEST 5750 SOUTH ROY UT 84067
236-51 5700001422 BUCHANAN JANICE L 3420 WEST BLOOMFIELD ROAD PHOENIX AZ 85029
236-51 5700001430 VALENCIA JENNIFER L 3091 WEST 4450 SOUTH ROY UT 84067
236-51 5700001455 GODDARD MICHAEL D 5031 SOUTH GALILEO LANE TAYLORSVILLE UT 84118
236-51 5700001489 DONALDSON BILLY M 50 CESSNA LANE LOVELOCK NV 89419
236-51 5700001513 BUNKER NEAL F 3006 CHEROKEE TRAIL ALAMOGORDO NM 88310
236-51 5700001547 HENDRIX MILLIE A 15 E ARDMORE ROAD PHOENIX AZ 85040
------------------------------------------
100 Sale Total
236-52 800551210 TAYLOR PHILLIP WAYNE 5997 ALMOND CREEK COVE MILLINGTON TN 38053
------------------------------------------
1 Sale Total
236-53 661532374 INGERSOLL BRADLEY J 724 5TH STREET PROCTOR MN 55810
236-53 661539213 ODMAN GARY J 826 3RD STREET WEST HASTINGS MN 55033
236-53 661543215 SEALS MARCIA J 29 JUNE DRIVE SCHROEPPEL NY 13132
236-53 661545376 BODENCHAK DAN F 11 LORIANN ROAD WARREN TWP NJ 07059
236-53 661545624 GROVES PAUL F JR 11413 FLOWERVALE LANE LOUISVILLE KY 40272
236-53 661545749 CHRISTIANSEN RANDALL G 500 BEECH STREET CHASKA MN 55318
236-53 661550129 WIRTH TERRY ALLEN 318 POPLAR STREET SPOONER WI 54801
236-53 661552117 DEXTER DONALD K 301 NORTH WISCONSIN STREET BERLIN WI 54923
236-53 661553685 DARNELL JULIA A 7830 BERTRAM AVE HAMMOND IN 46324
236-53 661554451 FASSETT DONALD C 10973 EAGLE STREET NW COON RAPIDS MN 55433
236-53 661567511 WHITMAN CHARLES E 420 SUPERIOR AVENUE SHEBOYGAN WI 53081
236-53 661576025 LAMPLEY LAURA D 212 RADNOR ST EAST NASHVILLE TN 37211
236-53 661576116 LANE CHARLENE R 2310 ROGERS STREET LAFAYETTE IN 47905
236-53 661576652 FUSON JENNIFER LYNN 244 E OKLAHOMA AVENUE KNOXVILLE TN 37917
236-53 661577346 ALESSI ROSEMARIE 64 PENNAQUID ROAD CORAM NY 11727
236-53 661583088 WEISANSAL SHERI A 751 SOUTH HUTH ROAD CHEEKTOWAGA NY 14225
236-53 661587535 MCKEOWN NANCY 7619 BLUE BOY PLACE LOUISVILLE KY 40291
236-53 661592683 HAYS LINDA SUE 1101 13TH STREET TELL CITY IN 47586
236-53 661596882 MEADORS ROSE MARIE 1133 EAST 4TH STREET SEYMOUR IN 47274
236-53 661599530 FORD DELBERT 1034 30TH AV BELLWOOD IL 60104
236-53 661602102 THORNBURY REX C 524 3RD STREET ELNORA IN 47529
236-53 661605253 BARTLETT DAVID A 61 WEST CHESTNUT STREET FARMINGDALE NY 11735
236-53 661605659 THUROW MERRILL 618 N GREEN SANDWICH IL 60548
236-53 661607945 STRADER JOHN P 2107 EAST PICKETT STREET SPRINGFIELD IL 62703
236-53 661607978 CHRISTENSEN ERIC P 3940 EAST AVENUE STICKNEY IL 60402
236-53 661613380 MASTERS JOSEPH FREDERICK 9151 KIRKWOOD LANE NORTH OSSEO MN 55369
236-53 661615468 EATON DENNIS R 3050 KIMBERLY CT PORTAGE IN 46368
236-53 661625111 RISSMILLER SAMUEL 416 HILL ROAD TOWNSHIP OF AMITY PA 19518
236-53 661629444 PLESS WILBERT JR 36 HOPE TERRACE NORTH MIDDLETOWN PA 17013
236-53 661631762 RUSSO BONNIE L 1577 WILSON ROAD PITTSBURGH PA 15236
236-53 661631812 DENNICK-REAM ZANE 2514 MILFORD DR BOROUGH OF BETHEL PA PA 15102
236-53 661633222 STAPLETON THERESA C 43 WARNER AVE SPRINGFIELD NJ 07081
236-53 661635466 MEACHER CONSTANCE J 868 NEWTON AVE MONROE TOWNSHIP NJ 08094
236-53 661635482 PRATT KEVIN W 97 ADAM STREET CITY OF LOCKPORT NY 14094
236-53 661635508 BROWN BENJAMIN HARRIS 2027 WHITEHALL STREET HARRISBURG PA 17103
236-53 661635706 RULE EUGENE R 412 W MARSHALL ST RICE LAKE WI 54868
236-53 661636274 MILLER BETTY JEAN 22 WOODLAND ROAD TWSP MIDDLE CAPE MAY NJ 08210
236-53 661636282 JENKINS MILDRED E 12 SPRING MILL DRIVE TOWNSHIP OF WASHINGT NJ 08080
236-53 661636571 IRIZARRY DAVID 353 NEWMAN AVENUE BRONX NY 10473
236-53 661636845 FITZPATRICK BARRY 286 HANDSOME AVENUE SAYVILLE NY 11782
236-53 661636852 MALONE AUSTIN JR 455 LIBERTY ROAD ENGLEWOOD NJ 07631
236-53 661637082 DUCKETT LEWIS E 10 HOLLOW TREE LANE EAST HAMPTON NY 11937
236-53 661637108 STEALS EDWARD JR 510 CHURCH STREET CITY OF ALIQUIPPA PA 15001
236-53 661637538 JUNK REX ALAN 1837 CLOVER LANE FORT WAYNE IN 46808
236-53 661637561 HAM KENT A 931 NORTH ARTHUR STREET RUSHVILLE IN 46173
236-53 661637967 WAYNE PATRICIA 328 HEWLETT AVENUE PATCHOGUE NY 11772
236-53 661637975 TUCKER JAMES J 18 GRACE AVENUE LYNBROOK NY 11563
236-53 661638213 HACKENBERG JAMES E 112 18TH STREET SELINSGROVE PA 17870
236-53 661638494 GOERLITZ DAVID B 29 WEST FACTORY ROAD WINSLOW TOWNSHIP NJ 08009
236-53 661638734 AYERS CHERYL L 47 ALCOTT ROAD TOWN OF GREECE NY 14626
236-53 661638767 DOVE ST CLAIR JR 141 SOUTH RUBY STREET PHILADELPHIA PA 19139
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 29 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-51 5600003387 60,800.00 60,800.00 07/01/98 05/15/13 180.00 07/01/98 73.8 9.875 598.73
236-51 5600003502 94,000.00 94,000.00 07/01/98 05/21/08 120.00 07/01/98 72.3 8.000 1,052.57
236-51 5600003601 53,300.00 53,300.00 07/01/98 05/21/08 120.00 07/01/98 79.5 9.625 639.89
236-51 5700001158 62,800.00 62,754.03 07/07/98 04/26/28 360.20 09/01/98 80.0 10.525 531.33
236-51 5700001216 36,100.00 36,044.88 07/07/98 05/09/18 240.20 09/01/98 77.6 13.500 402.30
236-51 5700001281 71,100.00 71,007.95 06/06/98 04/04/22 287.15 08/01/98 68.3 11.125 654.28
236-51 5700001307 123,000.00 121,806.38 07/07/98 05/21/08 120.20 09/01/98 70.2 8.750 1,422.69
236-51 5700001422 53,700.00 53,443.11 07/07/98 05/15/13 180.20 09/01/98 71.6 9.250 510.09
236-51 5700001430 87,100.00 86,954.97 07/07/98 05/01/24 312.20 09/01/98 69.9 8.375 633.41
236-51 5700001455 83,400.00 83,335.24 07/07/98 04/26/28 360.20 09/01/98 75.8 10.250 689.83
236-51 5700001489 88,000.00 87,769.72 07/07/98 05/10/17 228.20 09/01/98 69.2 10.375 816.99
236-51 5700001513 60,000.00 59,924.76 07/07/98 05/03/23 300.20 09/01/98 67.4 10.625 527.85
236-51 5700001547 62,600.00 62,464.04 07/07/98 05/10/17 228.20 09/01/98 84.5 11.875 639.50
--------------------------- ------------- ------ -----------------------------
100 6,102,206.00 6,071,433.73 214.27 71.5 10.055 60,497.02
236-52 800551210 48,000.00 47,844.66 04/01/98 03/01/18 237.00 06/01/98 62.3 8.900 428.79
--------------------------- ------------- ------ -----------------------------
48,000.00 47,844.66 237.00 62.3 8.900 428.79
236-53 661532374 67,200.00 66,444.61 12/07/97 10/19/14 197.23 05/24/98 80.0 9.570 616.61
236-53 661539213 55,700.00 54,739.24 12/07/97 10/24/10 149.23 05/24/98 74.2 10.375 601.49
236-53 661543215 56,700.00 56,437.29 02/01/98 12/11/16 223.00 06/21/98 67.5 13.240 628.95
236-53 661545376 75,600.00 75,042.06 11/06/97 09/14/17 232.18 05/21/98 66.7 11.275 733.34
236-53 661545624 76,300.00 76,058.57 11/06/97 09/17/15 208.18 06/18/98 84.7 10.125 709.79
236-53 661545749 79,000.00 76,135.09 11/06/97 09/27/07 112.18 06/18/98 73.8 10.375 978.71
236-53 661550129 47,600.00 47,212.75 12/07/97 10/15/17 233.23 06/21/98 78.6 10.525 439.37
236-53 661552117 46,000.00 45,968.34 12/07/97 10/03/27 353.23 05/24/98 74.1 10.875 400.35
236-53 661553685 50,600.00 50,464.75 12/07/97 10/03/27 353.23 08/16/98 75.5 11.625 466.98
236-53 661554451 64,500.00 62,338.28 12/07/97 10/29/06 101.23 05/24/98 75.8 9.320 816.30
236-53 661567511 59,500.00 57,471.07 12/07/97 10/28/07 113.23 06/21/98 75.7 9.445 708.91
236-53 661576025 11,000.00 10,991.88 05/06/98 03/01/24 310.16 07/01/98 79.4 12.875 112.98
236-53 661576116 64,900.00 63,961.00 12/07/97 10/21/12 173.23 05/24/98 72.1 9.320 619.00
236-53 661576652 32,000.00 31,875.35 05/06/98 03/09/18 238.16 08/26/98 87.9 11.775 320.59
236-53 661577346 18,700.00 18,449.57 12/07/97 10/28/07 113.23 06/21/98 38.6 10.375 231.67
236-53 661583088 70,100.00 69,747.92 12/07/97 10/10/21 281.23 06/21/98 82.4 10.625 622.01
236-53 661587535 76,800.00 76,741.95 05/06/98 02/25/28 358.16 07/01/98 80.0 10.375 641.83
236-53 661592683 19,700.00 19,685.79 05/06/98 03/01/24 310.16 07/01/98 88.3 13.000 204.07
236-53 661596882 48,700.00 48,656.66 05/06/98 03/01/24 310.16 07/01/98 64.0 11.875 466.43
236-53 661599530 12,600.00 12,496.98 05/06/98 03/21/08 118.16 07/01/98 89.2 11.750 165.16
236-53 661602102 45,700.00 45,641.46 05/06/98 03/03/23 298.16 07/01/98 68.2 10.500 398.27
236-53 661605253 77,100.00 77,099.39 02/01/98 12/23/07 115.00 05/24/98 83.0 11.125 985.21
236-53 661605659 24,900.00 24,708.30 05/06/98 03/21/08 118.16 07/01/98 86.9 12.775 340.07
236-53 661607945 48,600.00 47,960.01 05/06/98 03/24/06 94.16 07/01/98 69.4 9.125 660.01
236-53 661607978 33,300.00 33,019.74 05/06/98 03/21/08 118.16 07/01/98 85.3 11.250 427.70
236-53 661613380 97,600.00 97,294.71 05/06/98 03/11/16 214.16 07/01/98 80.0 9.875 893.45
236-53 661615468 29,300.00 29,046.19 05/06/98 03/21/08 118.16 07/01/98 63.8 10.750 368.67
236-53 661625111 89,400.00 89,247.44 03/06/98 01/01/23 296.22 06/26/98 66.2 8.875 685.43
236-53 661629444 88,400.00 88,196.51 04/06/98 02/12/18 237.14 06/29/98 76.8 13.500 985.13
236-53 661631762 133,300.00 132,883.06 04/06/98 02/10/16 213.14 06/29/98 57.9 9.875 1,220.25
236-53 661631812 110,700.00 110,002.83 04/06/98 02/17/10 141.14 06/01/98 90.0 10.875 1,273.18
236-53 661633222 91,000.00 90,746.88 05/06/98 03/10/17 226.16 07/01/98 55.1 9.875 817.33
236-53 661635466 33,500.00 33,384.20 05/06/98 03/15/13 178.16 07/29/98 74.3 12.740 385.92
236-53 661635482 21,400.00 21,148.77 05/06/98 03/24/06 94.16 07/29/98 86.5 11.875 319.63
236-53 661635508 56,400.00 56,271.22 05/06/98 03/06/20 262.16 07/01/98 76.7 8.875 449.21
236-53 661635706 46,600.00 46,584.73 05/06/98 02/25/28 358.16 07/01/98 78.9 14.125 513.92
236-53 661636274 35,000.00 34,938.73 05/06/98 03/09/18 238.16 07/01/98 84.8 12.500 367.03
236-53 661636282 66,000.00 65,977.71 05/01/98 02/25/28 358.00 05/29/98 88.3 10.875 574.41
236-53 661636571 52,500.00 52,041.93 05/06/98 03/21/08 118.16 07/01/98 75.9 10.625 657.19
236-53 661636845 148,300.00 148,238.72 05/01/98 03/15/13 178.00 06/26/98 78.8 9.375 1,418.96
236-53 661636852 51,700.00 51,647.88 05/06/98 03/03/23 298.16 07/01/98 89.9 11.875 498.20
236-53 661637082 35,400.00 35,082.17 05/06/98 03/21/08 118.16 07/01/98 41.4 10.125 434.01
236-53 661637108 30,300.00 30,242.30 05/06/98 03/09/18 238.16 07/01/98 84.1 11.875 305.50
236-53 661637538 47,600.00 47,367.10 05/06/98 03/15/13 178.16 07/01/98 68.9 9.000 445.59
236-53 661637561 39,500.00 39,387.00 05/06/98 03/09/18 238.16 07/01/98 68.6 8.750 322.18
236-53 661637967 16,500.00 16,486.68 05/06/98 02/28/25 322.16 07/01/98 64.2 11.740 155.64
236-53 661637975 162,900.00 162,523.34 05/06/98 03/10/17 226.16 07/01/98 79.8 11.376 1,613.01
236-53 661638213 17,100.00 17,086.77 05/06/98 03/01/24 310.16 07/01/98 82.7 12.625 172.65
236-53 661638494 78,600.00 78,426.17 05/06/98 03/09/18 238.16 07/01/98 56.1 10.750 736.52
236-53 661638734 22,000.00 21,749.30 05/06/98 03/24/06 94.16 07/01/98 75.9 12.375 334.18
236-53 661638767 22,900.00 22,850.26 05/06/98 03/10/17 226.16 07/01/98 81.7 11.875 233.94
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 30 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 661639096 FRISBIE WESLEY 512 WILLIAMSBURG DR TOWNSH OF SPRINGETTSBURY PA 17402
236-53 661639104 COSENTINO SUSAN C 196 SPLIT ROCK ROAD SYOSSET NY 11791
236-53 661639112 HARTEM GLEN A 17 HEREFORD AVENUE MIDDLE TWP NJ 08210
236-53 661639120 TRUAX JEFFREY A SR 107 NORTH WATER STREET BOROUGH OF MILL HILL PA 17751
236-53 661639146 WAGNER CAROL A 95 HORSESHOE AVENUE TOWNSHIP OF NEWBERRY PA 17345
236-53 661639534 SMITH DARLENE 461 EISENHOWER AVENUE TOWN OF EVANS NY 14006
236-53 661639559 LINDSAY MICHAEL F 4 HYDRA LANE TOWNSHIP OF WASHINGT NJ 08080
236-53 661639567 MONTEROSSO VINCENT 4481 WHETSTONE ROAD MANLIUS NY 13104
236-53 661639849 HAFFNER STEVEN O 1612 BRITTANY DRIVE BENSALEM PA 19020
236-53 661639856 DAYTON RICHARD B 601 TATEM AVENUE HADDON TOWNSHIP NJ 08108
236-53 661639989 LESSARD NANCY 24 EAST STOKES ROAD WILLINGBORO NJ 08046
236-53 661640003 TERRY EDWIN W 246 E STREET CARNEYS POINT NJ 08069
236-53 661640011 WEATHERBY ANNEMARIE 55 SECOND AVENUE WATERFORD NY 12188
236-53 661640185 JENSEN JUDITH K 50 MCDONALD DRIVE COHOES NY 12047
236-53 661640193 MCGUIRE MICHAEL E 32 TRAILS END STREET GRAND ISLAND NY 14072
236-53 661640490 MURPHY JEANNE M 78 CEDAR DRIVE BAY SHORE NY 11706
236-53 661640789 CIESLEWICZ MIREK 906 YALE PLACE FRANKLIN SQUARE NY 11010
236-53 661640979 SMITH THOMAS S 67 BELLEVUE DRIVE ROCHESTER NY 14620
236-53 661641183 MICKELSON CARL L 105 OAKRIDGE DRIVE SOLVAY NY 13209
236-53 661641290 TOUARTI MICHELLE A 7773 FAIRVIEW AVENUE MENTOR OH 44060
236-53 661641464 FLORENCE ROBIN L 11 LAUREL COURT SAG HARBOR NY 11963
236-53 661641738 RYBITSKI JOSEPH 2 MARTINGDALE DRIVE COLONIE NY 12205
236-53 661641936 LAFEX HOLLY ANNE 733 HANCOCK STREET CITY OF WATERTOWN NY 13601
236-53 661641944 WILLIAMS ROBERT E 8030 MADISON AVENUE CITY OF PHILADELPHIA PA 19153
236-53 661641951 CARR ROBERT W 446 WILLOW STREET BORDENTOWN CITY NJ 08505
236-53 661641969 LOEVEN MARILYN 3556 RAVEN STREET LEVITTOWN NY 11756
236-53 661642215 TRINGONE BERNADETTE 24 WEDGEWOOD LANE MILLER PLACE NY 11764
236-53 661642314 GRICE TRACEY A 296 SPEEDWELL FORGE ROAD LITITZ PA 17543
236-53 661642322 MC CONNELL GAIL M 17 FRED TERRACE TOWN OF DOVER NJ 07801
236-53 661642330 STECKLAIR DONNA M 128 WASHINGTON AVENUE TOWNSHIP OF HADDON NJ 08059
236-53 661642496 JOY JOHN 2762 POPPLETON ROAD TOWN OF VERONA NY 13054
236-53 661642512 KRAWIEC RITA M 80 BORDEN ROAD WALDEN NY 12586
236-53 661642520 SANTIAGO SUNKYUNE L 30 HOLSTER ROAD CITY OF CLIFTON NJ 07013
236-53 661642991 RIZWANIUK MYKOLA 146 ABERDEEN TERRACE SYRACUSE NY 13206
236-53 661643601 CARUSO SALVATORE C 244 SHELDON AVENUE STATEN ISLAND NY 10312
236-53 661643619 CHAMPION JOHN 2006 NEW BOSTON ROAD CHITTENANGO NY 13037
236-53 661644104 OPROSKY ROBERT L 421 INDUSTRY ROAD TOWNSHIP OF ELIZABET PA 15018
236-53 661644237 MOORE BARBARA V 3430 MAIN STREET JERUSALEM NY 14418
236-53 661645341 YANE ENRIQUE A 230 NORTH REGENT ST PORTCHESTER NY 10573
236-53 800434946 BONNETT PETER J 2372 NORTH BENSON ROAD FOUNTAIN MI 49410
236-53 800590226 REEK RONALD F 685 MARSHALL COURT SANTA CLARA CA 95051
236-53 800642746 STUBBS RANDOLPH 26996 HIBISCUS STREET HIGHLAND CA 92346
236-53 800645855 HUA STEVE 5206 13TH AVENUE SOUTH SEATTLE WA 98108
236-53 800647745 STUBBS RANDOLPH 26996 HIBISCUS STREET HIGHLAND CA 92346
236-53 800660383 UPADHYAYA KIRIT G 8 DANA ROAD FRAMINGHAM MA 01701
236-53 800661555 EVANS LYLE M 1 COLUMBUS CIRCLE AVON CT 06001
236-53 800667446 RUDDELL SHARON R 408 EDWARDS STREET MEDFORD OR 97501
236-53 800690547 RUFF FRANK R 15942 STAPLES ROAD RAMONA CA 92065
236-53 800691131 BENAVIDEZ LAWRENCE RAY 5391 WEST HOLLAND AVENUE FRESNO CA 93722
236-53 800717480 BUNNELL DAWN E 15 NORTH STREET DEERFIELD WI 53531
236-53 800719163 GOODWIN ALVIN L 108 NORTH STREET BARGERSVILLE IN 46106
236-53 800719239 VINCENT JAMES R 3762 S GADBURY ROAD HARFORD CITY IN 47348
236-53 800719288 THOMAS LORNA KATHLEEN 701 W HILL STREET CHAMPAIGN IL 61820
236-53 800722837 GUZZARDE JOHN R 6378 WINSTEAD COURT LISLE IL 60532
236-53 800723132 WEISS WILLIAM EDWARD 842 WILMAC AVENUE NOVATO CA 94947
236-53 800723355 DIXON FREDDIE L 3112 CAROLINE STREET SOUTH BEND IN 46614
236-53 800723363 NICELY MICHAEL WAYNE 835 MIDLAND GISHTON ROAD BREMEN KY 42325
236-53 800723371 THOMPSON SCOTT K 4312 EAST 57TH AVENUE SPOKANE WA 99223
236-53 800723397 FRANK JAMES A 2929 NW 128TH ROAD GAINESVILLE FL 32609
236-53 800727976 RUSSELL REAH ROSANNE 1039 SOUTH COLFAX STREET MARTINSVILLE IN 46151
236-53 800730152 ST OEGGER RICHARD V 910 IVERNESS DRIVE PASO ROBLES CA 93446
236-53 800735243 JENKINS ALICE FAYE 2744 LAKEVIEW CHURCH ROAD BENTON KY 42025
236-53 800735888 SANTILLAN DANILO A 5681 CIVIC TERRACE AVENUE NEWARK CA 94560
236-53 800736464 GRIST DON E 61 NEMAH VALLEY ROAD SOUTH BEND WA 98586
236-53 800739088 MUMMERY SCOTT A 709 MAPLE LANE CROWN POINT IN 46307
236-53 800739658 MUMMERY SCOTT A 709 MAPLE LANE CROWN POINT IN 46307
236-53 800741738 PRIMM LARRY W 811 N CRESTVIEW DRIVE METAMORA IL 61548
236-53 800741753 DEWEESE CHERYL L 44 GARRICK STREET NEWARK OH 43055
236-53 800742850 RHODES GARY F 193 FAIRGROUNDS ROAD PAINESVILLE OH 44077
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 30 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 661639096 46,000.00 44,976.19 05/06/98 03/28/03 58.16 07/01/98 82.1 12.740 960.21
236-53 661639104 38,900.00 37,960.27 05/01/98 03/28/03 58.00 06/26/98 52.6 9.625 756.14
236-53 661639112 63,200.00 62,616.19 05/06/98 03/21/08 118.16 07/01/98 84.2 9.625 758.75
236-53 661639120 61,200.00 61,002.28 05/06/98 03/10/17 226.16 07/01/98 78.4 8.625 504.57
236-53 661639146 63,200.00 63,016.35 05/06/98 03/09/18 238.16 07/01/98 65.8 8.626 510.88
236-53 661639534 66,200.00 66,157.48 05/06/98 02/25/28 358.16 07/01/98 89.4 11.126 587.74
236-53 661639559 18,100.00 17,939.79 05/06/98 03/21/08 118.16 07/01/98 83.4 10.375 224.24
236-53 661639567 23,800.00 23,759.72 05/06/98 03/09/18 238.16 07/01/98 77.8 12.751 253.48
236-53 661639849 18,200.00 17,789.64 06/06/98 04/28/03 59.15 08/01/98 84.1 12.251 375.73
236-53 661639856 124,200.00 123,638.62 05/06/98 03/15/13 178.16 07/01/98 83.9 9.875 1,223.07
236-53 661639989 94,400.00 93,547.65 05/06/98 03/21/08 118.16 07/01/98 78.6 10.026 1,152.58
236-53 661640003 21,300.00 21,108.76 05/06/98 03/21/08 118.16 07/01/98 42.3 10.125 261.14
236-53 661640011 29,900.00 29,642.84 05/06/98 03/21/08 118.16 07/01/98 61.4 10.875 378.17
236-53 661640185 47,000.00 46,827.72 05/06/98 03/15/13 178.16 07/01/98 65.4 12.125 524.11
236-53 661640193 31,400.00 31,133.81 05/06/98 03/21/08 118.16 07/01/98 86.3 11.125 401.24
236-53 661640490 18,400.00 17,964.12 05/06/98 03/28/03 58.16 07/01/98 37.1 10.375 363.92
236-53 661640789 38,000.00 37,852.59 05/06/98 03/15/13 178.16 07/01/98 88.8 11.526 410.29
236-53 661640979 18,800.00 18,367.90 05/06/98 03/28/03 58.16 07/01/98 87.3 11.526 381.78
236-53 661641183 57,900.00 57,430.10 05/06/98 03/21/08 118.16 07/01/98 81.5 11.876 762.82
236-53 661641290 118,000.00 117,859.44 05/06/98 03/04/22 286.16 07/01/98 80.5 11.625 1,125.16
236-53 661641464 21,400.00 21,238.63 05/06/98 03/21/08 118.16 07/01/98 78.0 13.125 296.34
236-53 661641738 31,000.00 30,737.22 06/06/98 04/21/08 119.15 08/01/98 89.8 11.126 396.14
236-53 661641936 13,500.00 13,186.42 06/06/98 04/28/03 59.15 08/01/98 87.3 11.126 271.66
236-53 661641944 18,700.00 18,658.73 05/06/98 03/10/17 226.16 07/01/98 50.5 11.750 189.56
236-53 661641951 12,700.00 12,413.83 06/06/98 04/28/03 59.15 08/01/98 88.6 12.276 262.34
236-53 661641969 28,300.00 28,135.61 05/06/98 03/19/10 142.16 07/01/98 62.1 12.000 343.05
236-53 661642215 148,100.00 147,773.61 05/01/98 03/09/18 238.00 06/26/98 87.1 10.776 1,390.16
236-53 661642314 35,400.00 35,362.82 06/06/98 04/04/22 287.15 08/01/98 78.7 12.375 355.48
236-53 661642322 41,500.00 41,312.43 06/06/98 04/15/13 179.15 08/01/98 66.7 9.876 408.70
236-53 661642330 18,700.00 18,499.85 06/06/98 04/24/06 95.15 08/01/98 78.8 13.750 297.34
236-53 661642496 59,300.00 58,752.24 06/06/98 04/21/08 119.15 08/01/98 77.0 9.625 711.92
236-53 661642512 15,100.00 14,743.69 05/06/98 03/28/03 58.16 07/01/98 71.9 10.526 299.70
236-53 661642520 52,400.00 51,785.81 05/06/98 03/24/06 94.16 07/01/98 81.4 11.750 779.33
236-53 661642991 51,800.00 51,438.17 06/06/98 04/20/09 131.15 08/01/98 83.5 11.625 643.32
236-53 661643601 160,000.00 159,838.22 06/06/98 03/27/28 359.15 08/01/98 75.4 9.000 1,188.30
236-53 661643619 52,500.00 52,460.46 06/06/98 04/03/23 299.15 08/01/98 70.0 13.500 564.86
236-53 661644104 16,100.00 16,042.37 06/06/98 04/15/13 179.15 08/01/98 81.9 12.376 181.95
236-53 661644237 12,000.00 11,850.44 06/06/98 04/24/06 95.15 08/01/98 69.2 10.375 170.25
236-53 661645341 25,100.00 24,906.48 06/06/98 04/21/08 119.15 08/01/98 84.5 12.751 342.48
236-53 800434946 12,900.00 12,632.36 02/04/98 12/26/07 115.13 06/24/98 47.1 11.725 168.92
236-53 800590226 240,000.00 237,554.87 03/06/98 01/13/13 176.22 06/26/98 75.0 8.625 2,197.54
236-53 800642746 58,500.00 58,255.10 05/06/98 03/14/14 190.16 07/01/98 75.0 9.375 543.89
236-53 800645855 80,700.00 80,237.06 04/06/98 02/13/13 177.14 06/29/98 84.9 11.725 880.78
236-53 800647745 11,200.00 11,159.59 05/06/98 03/14/14 190.16 07/01/98 89.3 10.875 113.81
236-53 800660383 38,880.00 38,735.78 05/06/98 03/15/13 178.16 07/01/98 61.8 12.000 430.67
236-53 800661555 20,200.00 20,024.76 05/06/98 03/21/08 118.16 07/01/98 70.7 10.725 253.91
236-53 800667446 75,500.00 75,431.61 05/01/98 02/25/28 358.00 06/26/98 70.5 9.525 587.25
236-53 800690547 153,600.00 153,324.94 05/06/98 03/04/22 286.16 07/01/98 69.8 9.125 1,215.20
236-53 800691131 72,000.00 71,705.87 05/06/98 03/14/14 190.16 07/01/98 80.0 9.625 679.60
236-53 800717480 28,500.00 28,399.43 05/06/98 03/15/13 178.16 07/01/98 84.8 12.525 324.63
236-53 800719163 30,000.00 29,307.72 05/06/98 03/28/03 58.16 07/01/98 84.5 11.375 607.13
236-53 800719239 59,600.00 59,234.58 05/06/98 03/19/10 142.16 07/01/98 77.4 11.250 697.69
236-53 800719288 56,600.00 56,374.71 05/06/98 03/15/13 178.16 07/01/98 89.8 11.250 601.97
236-53 800722837 57,800.00 57,541.68 05/06/98 03/16/12 166.16 07/01/98 87.8 11.525 641.01
236-53 800723132 45,500.00 45,437.55 05/06/98 03/01/24 310.16 07/29/98 76.1 11.750 431.88
236-53 800723355 17,000.00 16,611.58 05/06/98 03/28/03 58.16 07/01/98 88.5 11.750 346.99
236-53 800723363 65,000.00 64,933.02 05/06/98 03/03/23 298.16 07/01/98 77.3 11.750 620.84
236-53 800723371 38,600.00 38,332.99 05/06/98 03/20/09 130.16 07/01/98 88.9 11.775 482.53
236-53 800723397 51,000.00 50,789.61 05/06/98 03/10/17 226.16 07/29/98 50.0 10.000 461.90
236-53 800727976 21,600.00 21,441.62 05/06/98 03/20/09 130.16 07/01/98 63.4 10.875 259.55
236-53 800730152 54,200.00 54,200.00 06/01/98 04/09/18 239.00 06/01/98 84.9 11.490 533.15
236-53 800735243 43,000.00 42,876.74 06/06/98 04/10/17 227.15 08/01/98 78.1 9.625 379.77
236-53 800735888 202,300.00 201,272.50 05/06/98 03/18/11 154.16 07/01/98 85.0 11.750 2,339.92
236-53 800736464 63,600.00 63,299.14 05/06/98 03/15/13 178.16 07/01/98 77.6 9.375 608.54
236-53 800739088 9,600.00 9,559.50 06/06/98 04/15/13 179.15 08/01/98 34.6 10.625 98.63
236-53 800739658 28,500.00 28,371.17 06/06/98 04/15/13 179.15 08/01/98 25.9 9.875 280.66
236-53 800741738 32,900.00 32,422.81 06/06/98 04/21/08 119.15 08/29/98 27.4 8.875 382.59
236-53 800741753 73,400.00 72,702.56 05/06/98 03/21/08 118.16 07/01/98 69.9 9.125 862.71
236-53 800742850 35,600.00 35,298.20 06/06/98 04/21/08 119.15 08/01/98 77.5 11.125 454.91
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 31 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 800742900 SLAUGHTER MAXINE J 5919 41ST AVENUE KENOSHA WI 53144
236-53 800743163 STARLING LELA 2707 5TH EAST AVE PALMETTO FL 34221
236-53 800745168 HARDING RICHARD T 1 DODGE ROAD WOBURN MA 01801
236-53 800745614 BISHOP FRANCES 161 OCEANVIEW DRIVE VISTA CA 92084
236-53 800745960 NELSON ALFRED C 3948 E BURNSIDE STREET PORTLAND OR 97214
236-53 800746133 WOOD MICHAEL J 7119 SEARS TERRACE OKLAHOMA CITY OK 73149
236-53 800749228 SPLAN DONNA R 1123 SHARILL LANE CHEBOYGAN MI 49721
236-53 800749343 MCGEE PETER A 62 ALIDA ROAD BRAINTREE MA 02184
236-53 800749483 MEADOWS ROGER R 2348 SAN ANTONIO AVENUE UPLAND CA 91784
236-53 800749855 MOSER DONALD W 102 EAST DARTMOUTH O FALLON IL 62269
236-53 800750044 KREAGER DOUGLAS 39 WILCOX MILAN MI 48160
236-53 800752438 MARSH RONALD LEE 119 WORTHY AVENUE OROVILLE CA 95965
236-53 800752958 DANIELEWICZ ROBERT J 626 CALLERO CT ROSELLE IL 60172
236-53 800756363 LAVERY DOROTHY A 416 CALZADA COURT LADY LAKE FL 32159
236-53 800758781 SANDLING GARY 8317 E PIERCE STATION ROAD SOUTH FULTON TN 38257
236-53 800761967 WISMONT JOHN A 14064 OLIVE MEADOWS PLACE POWAY CA 92064
236-53 800762312 WOOD OWEN J 1622 SW 25TH STREET REDMOND OR 97756
236-53 800762635 GLOVER THURMAN L 518 SOUTH GUM STREET KENNEWICK WA 99336
236-53 800762718 CROWELL LEONARD R 2209 BLANKENSHIP DR PADUCAH KY 42003
236-53 800762825 BRADLEY BARBARA A 357 BRIGHTON ROAD PACIFICA CA 94044
236-53 800769739 HORTON MICHAEL STEPHEN 1275 HARVEST ROAD PLEASANTON CA 94566
236-53 800769903 HORTON MICHAEL STEPHEN 1275 HARVEST ROAD PLEASANTON CA 94566
236-53 800771172 HAMELMAN DINA F 11610 WEST 550 NORTH DELPHI IN 46923
236-53 800772030 FORTE JAMES J JR 134 RANCHWOOD DRIVE WEST HAVEN CT 06516
236-53 800773327 WILKINS CHERI R 2915 SE 36TH AVENUE OKEECHOBEE FL 34974
236-53 800773590 GILLEY ROBERT G JR 1042 BUCKLAND AVENUE SAN CARLOS CA 94070
236-53 800776882 LOWE JAMES H JR 32313 DERBY STREET UNION CITY CA 94587
236-53 800780009 BURLING GLEN R 5213 NORTH MILLER AVENUE OKLAHOMA OK 73112
236-53 800780124 STEWART JOHN E 800 SNOW AVENUE RICHLAND WA 99352
236-53 800780678 KOLLING FRANCIS J 1432 3RD AVENUE EAST DICKINSON ND 58601
236-53 800780686 FIELDS FARRELL 2841 HART ROAD LEBANON OH 45036
236-53 800782716 LEIGH ELIZABETH M 510 1ST AVENUE OREGON CITY OR 97045
236-53 800785792 AGRUSA DOMENICA 24691 CANDLENUT COURT MORENO VALLEY CA 92557
236-53 800786352 HARRIS ESTHER A 6629 NW 28TH TERRACE GAINESVILLE FL 32653
236-53 800786576 MACFARLAND JULIA M 10763 BLACK CHERRY DRIVE ALLENDALE MI 49401
236-53 800788416 BROWN MARION HC 64 BOX 605 GANS OK 74936
236-53 800796567 SCHINDLER WAYNE R 704 CONRAD DRIVE NEW SMYRNA BEACH FL 32168
236-53 800796666 PULSIFER JAMES R 96 PARHAM ROAD TYNGSBOROUGH MA 01879
236-53 800799967 BENTON PERRIE A 802 10TH ST NW MINOT ND 58703
236-53 800799975 NORMAN ROGER D 332 E 17TH STREET CLAREMORE OK 74017
236-53 800804189 BEULEN KATHERINE M 830 S WEBSTER AVE OMRO WI 54963
236-53 800805889 LEMAY PORTIA A 515 WEST 36TH AVENUE KENNEWICK WA 99337
236-53 800842536 MAXWELL ROY L 3014 BUTTERFIELD ROAD YAKIMA WA 98901
236-53 800859571 ROMEL WAYNE K 14023 SOUTH M-65 POSEN MI 49776
236-53 800862997 NEWLIN JERRY L PO 222 NORTH STREET BLOOMINGDALE IN 47832
236-53 800866584 GINGRICH JOHN H 210 W VINE STREET DELPHI IN 46923
236-53 800866675 GODWIN WILLIAM F 161 WEST STRATHMORE AVENUE PONTIAC MI 48340
236-53 800867020 PITZEN JANICE H 32 SPRINGWOOD WEST OREGON OH 43616
236-53 5100004356 ALLEN PARKS C 4424 34TH AVENUE SOUTH SEATTLE WA 98118
236-53 5100004984 WILSON BARBARA R 3129 BURNSIDE ROAD SEBASTOPOL CA 95472
236-53 5100006690 KARANZA PATRICIA S 20 FADO LANE GREENWICH CT 06807
236-53 5100006864 NOYOLA NATIVIDAD C 1719 SOUTH RAINIER STREET KENNEWICK WA 99337
236-53 5100007219 SISK P DAVID 212 MESA STREET WHEATLAND CA 95692
236-53 5100007326 BURKE WILLIAM R 3745 W INDIAN TRAIL ROAD SPOKANE WA 99208
236-53 5100007524 DEYOUNG ALVAH N 67 GROTON SCHOOL ROAD AYER MA 01432
236-53 5100007615 DURHAM JOHN G 393 SOUTH 41ST STREET WEST RICHLAND WA 99353
236-53 5100012516 SMITH PETER T 554 BRANCHVILLE ROAD RIDGEFIELD CT 06877
236-53 5100013266 BUTTS THOMAS W 163 WASHINGTON AVENUE TORRINGTON CT 06790
236-53 5100013316 REID ANNY C 260 OSAGE DRIVE SALINAS CA 93906
236-53 5100013340 FAGONE JOSEPH J 60 WHITE STREET EAST BOSTON MA 02128
236-53 5100013365 SMITH ALAN B 1204 HYPERION ROAD SODA SPRINGS ID 83276
236-53 5100013480 FERRETTI NICHOLAS A 98 COSGROVE STREET AGAWAM MA 01001
236-53 5100013571 SPICER CHARLES E 114 PARK AVENUE EXT MONTVILLE CT 06382
236-53 5100014058 GARVEY JOHN E 456 FLANDERS ROAD GROTON CT 06355
236-53 5100014090 CORBIN CHARLES W 173-175 BEACON HILL AVENUE LYNN MA 01902
236-53 5100014108 CORBIN CHARLES W 173-175 BEACON HILL AVENUE LYNN MA 01902
236-53 5100014116 NOLAN LEO MICHAEL 7 JENNINGS CIRCLE PEABODY MA 01960
236-53 5100014132 FLOOD LUCINDA MARIE 304 W CLEVELAND AVENUE SPOKANE WA 99205
236-53 5100014140 STARR DENNIS M 16 WESTVIEW TERRACE FARMINGTON CT 06085
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 31 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 800742900 14,400.00 14,068.81 06/06/98 04/28/03 59.15 08/01/98 42.2 11.500 292.25
236-53 800743163 38,600.00 38,600.00 06/01/98 04/09/18 239.00 06/29/98 71.2 13.625 433.37
236-53 800745168 21,200.00 21,200.00 06/01/98 04/21/08 119.00 06/01/98 89.9 11.500 275.08
236-53 800745614 20,700.00 20,700.00 06/01/98 04/28/03 59.00 06/01/98 84.9 12.000 424.92
236-53 800745960 96,600.00 96,245.03 06/01/98 04/20/09 131.00 06/29/98 79.5 10.775 1,155.64
236-53 800746133 45,350.00 45,198.40 06/06/98 04/13/15 203.15 08/01/98 75.5 10.375 437.43
236-53 800749228 32,300.00 32,047.27 06/06/98 04/21/08 119.15 08/01/98 28.4 12.500 436.34
236-53 800749343 30,900.00 30,805.43 06/06/98 04/15/13 179.15 08/01/98 79.8 14.000 379.80
236-53 800749483 78,400.00 78,400.00 06/01/98 04/09/18 239.00 06/01/98 84.9 11.750 784.20
236-53 800749855 60,300.00 60,081.56 06/06/98 04/15/13 179.15 08/01/98 86.1 12.250 676.92
236-53 800750044 17,200.00 17,103.80 06/06/98 04/18/11 155.15 08/01/98 78.0 10.525 187.16
236-53 800752438 20,900.00 20,602.09 06/06/98 04/25/05 83.15 08/01/98 69.2 11.875 339.19
236-53 800752958 47,600.00 47,471.05 06/06/98 04/11/16 215.15 08/01/98 29.2 11.125 471.55
236-53 800756363 56,600.00 56,323.06 06/06/98 04/15/13 179.15 08/01/98 58.3 9.000 529.84
236-53 800758781 35,200.00 34,881.70 06/06/98 04/21/08 119.15 08/01/98 41.4 10.000 429.31
236-53 800761967 21,600.00 21,521.75 06/06/98 04/15/13 179.15 08/01/98 82.7 12.250 242.48
236-53 800762312 27,600.00 27,390.19 06/06/98 04/21/08 119.15 08/01/98 84.1 12.990 380.17
236-53 800762635 73,800.00 73,448.12 06/01/98 04/21/08 119.00 06/29/98 67.0 9.000 862.80
236-53 800762718 72,700.00 72,567.13 06/01/98 04/13/15 203.00 06/29/98 82.6 9.500 664.14
236-53 800762825 33,600.00 33,530.44 06/06/98 04/09/18 239.15 08/01/98 65.6 11.250 325.40
236-53 800769739 206,500.00 206,301.83 06/06/98 03/27/28 359.15 08/01/98 70.0 9.250 1,568.06
236-53 800769903 59,000.00 58,936.74 06/06/98 04/03/23 299.15 08/01/98 90.0 11.525 554.55
236-53 800771172 57,400.00 56,920.39 06/06/98 04/21/08 119.15 08/01/98 86.3 11.375 741.01
236-53 800772030 54,312.00 53,873.77 06/06/98 04/21/08 119.15 08/01/98 43.4 11.975 718.41
236-53 800773327 69,700.00 69,438.37 06/06/98 04/15/13 179.15 08/01/98 69.7 11.875 766.90
236-53 800773590 67,900.00 67,745.36 06/06/98 04/09/18 239.15 08/01/98 83.7 10.525 626.74
236-53 800776882 32,000.00 31,984.94 06/06/98 03/29/27 347.15 08/01/98 74.9 13.125 330.57
236-53 800780009 58,500.00 58,464.42 06/06/98 03/27/28 359.15 08/01/98 90.0 11.375 529.59
236-53 800780124 42,500.00 42,380.59 06/06/98 04/13/15 203.15 08/01/98 85.0 11.975 450.92
236-53 800780678 71,764.00 71,571.84 06/06/98 04/11/16 215.15 08/01/98 89.7 11.225 715.32
236-53 800780686 31,700.00 31,567.26 06/06/98 04/16/12 167.15 08/01/98 85.9 12.275 365.38
236-53 800782716 48,600.00 48,600.00 06/01/98 04/15/13 179.00 06/01/98 89.6 10.775 503.51
236-53 800785792 39,600.00 39,544.97 06/06/98 04/03/23 299.15 08/01/98 34.4 10.025 332.79
236-53 800786352 16,600.00 16,226.93 06/06/98 04/28/03 59.15 08/01/98 74.6 12.375 343.67
236-53 800786576 34,300.00 34,039.02 06/06/98 04/21/08 119.15 08/01/98 88.0 12.975 472.18
236-53 800788416 47,200.00 46,092.07 06/06/98 04/28/03 59.15 08/01/98 62.0 10.725 941.09
236-53 800796567 20,500.00 20,129.66 06/06/98 04/26/04 71.15 08/01/98 82.8 11.375 363.74
236-53 800796666 36,500.00 36,472.28 06/01/98 04/09/18 239.00 06/29/98 79.9 13.500 406.76
236-53 800799967 35,700.00 35,700.00 07/01/98 05/20/09 132.00 07/01/98 70.0 8.475 384.60
236-53 800799975 30,400.00 30,400.00 07/01/98 05/24/06 96.00 07/01/98 73.6 10.225 429.07
236-53 800804189 50,200.00 50,200.00 06/01/98 04/21/08 119.00 06/01/98 69.7 12.000 664.69
236-53 800805889 97,200.00 96,793.71 06/06/98 04/15/13 179.15 08/01/98 54.0 10.725 1,004.21
236-53 800842536 18,300.00 18,300.00 07/01/98 05/03/23 300.00 07/01/98 84.9 10.625 160.99
236-53 800859571 24,500.00 24,301.15 07/07/98 05/21/08 120.20 09/01/98 80.8 11.875 322.77
236-53 800862997 11,400.00 11,400.00 07/01/98 05/15/13 180.00 07/01/98 89.1 10.875 118.76
236-53 800866584 85,200.00 84,102.37 07/07/98 05/24/06 96.20 09/01/98 78.8 9.625 1,177.60
236-53 800866675 26,300.00 26,137.30 07/07/98 05/19/10 144.20 09/01/98 46.7 11.125 306.07
236-53 800867020 39,300.00 38,912.50 07/07/98 05/23/07 108.20 09/01/98 70.2 11.500 540.55
236-53 5100004356 125,200.00 124,928.44 01/04/98 11/02/25 330.12 05/24/98 75.8 10.840 1,097.39
236-53 5100004984 250,900.00 250,022.58 03/06/98 01/07/22 284.22 06/26/98 71.6 9.320 2,015.77
236-53 5100006690 78,900.00 78,565.01 03/06/98 01/07/18 236.22 06/26/98 23.5 11.125 757.88
236-53 5100006864 74,200.00 73,825.77 03/06/98 01/01/23 296.22 08/21/98 70.0 8.975 573.57
236-53 5100007219 120,000.00 119,903.79 05/06/98 02/25/28 358.16 07/01/98 75.0 10.100 980.23
236-53 5100007326 94,300.00 94,005.90 04/06/98 02/06/23 297.14 06/29/98 78.5 9.100 736.40
236-53 5100007524 78,100.00 77,884.44 04/06/98 02/02/22 285.14 06/29/98 69.7 8.975 610.55
236-53 5100007615 22,500.00 22,407.25 05/06/98 03/15/13 178.16 07/01/98 83.1 10.875 234.40
236-53 5100012516 32,400.00 32,273.90 06/06/98 04/15/13 179.15 08/01/98 83.0 11.490 349.14
236-53 5100013266 60,000.00 59,716.18 04/06/98 02/13/13 177.14 06/01/98 80.0 9.375 574.09
236-53 5100013316 69,800.00 69,708.63 05/06/98 03/03/23 298.16 07/01/98 46.2 10.375 602.56
236-53 5100013340 34,200.00 34,089.85 05/06/98 03/15/13 178.16 07/01/98 79.5 13.475 409.29
236-53 5100013365 136,600.00 136,523.92 04/06/98 01/26/28 357.14 06/01/98 87.7 11.775 1,275.15
236-53 5100013480 110,400.00 110,104.49 04/01/98 02/07/18 237.00 05/27/98 80.0 9.275 934.89
236-53 5100013571 68,100.00 66,823.62 04/06/98 02/20/08 117.14 07/27/98 61.9 9.500 813.27
236-53 5100014058 60,900.00 60,694.46 06/06/98 04/15/13 179.15 08/01/98 84.4 12.990 710.79
236-53 5100014090 101,500.00 101,252.47 05/06/98 03/09/18 238.16 07/01/98 79.9 10.000 904.06
236-53 5100014108 11,500.00 11,476.28 05/06/98 03/09/18 238.16 07/01/98 88.9 11.275 111.55
236-53 5100014116 72,900.00 72,761.15 05/06/98 03/09/18 238.16 07/01/98 88.6 11.875 735.02
236-53 5100014132 44,700.00 44,262.58 05/01/98 03/21/08 118.00 06/26/98 47.0 8.600 513.70
236-53 5100014140 188,300.00 188,300.00 05/01/98 02/25/28 358.00 06/26/98 84.8 11.590 1,733.15
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 32 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 5100014165 AUSTIN CLIFFORD RAYMOND J 38948 STOLLER ROAD SCIO OR 97374
236-53 5100014173 THARP LARRY L 112 ELK LANE ARIEL WA 98603
236-53 5100014181 RODRIGUEZ JUAN M 1724 NORTH 21ST AVENUE PASCO WA 99301
236-53 5100014207 HARLESS CHARLES A 99382 SOUTH BANK CHETCO RD BROOKINGS OR 97444
236-53 5100014223 ANDERSON CARL H 8 HIGHLAND STREET MANCHESTER CT 06040
236-53 5100014280 BERG DAVID 6 KIMBERLY DRIVE TEWKSBURY MA 01876
236-53 5100014322 SKEELS MICHAEL A 60270 OCHOCO CIRCLE BEND OR 97702
236-53 5100014330 JOHNSON CAROL K 38 SIMSBURY MANOR DRIVE SIMSBURY CT 06089
236-53 5100014348 NEYENS JAMES A 8267 VAN BUREN ROAD EVERSON WA 98247
236-53 5100014371 TORRES RAUL 509 HARRIS AVENUE SELAH WA 98942
236-53 5100014405 YURKSAITIS VINCENT J 93 GARWOOD ROAD TRUMBULL CT 06611
236-53 5100014421 PIERCEY VIRGIL M 64345 MOUNT EMILY ROAD LA GRANDE OR 97850
236-53 5100014454 FORSYTHE MARC W 510 74TH STREET SOUTHWEST EVERETT WA 98203
236-53 5100014470 PLANETA THOMAS J 79 HIGH STREET HADDAM CT 06441
236-53 5100014496 JASPERSON MARLENE K 583 W RIDGEWAY AVE HERMISTON OR 97838
236-53 5100014512 MYERS RONALD G SR 6255 N OLYMPIA STREET PORTLAND OR 97203
236-53 5100014520 BRYANT RANDY M 1809 SOUTH 18TH STREET YAKIMA WA 98903
236-53 5100014546 HIBBERD WILLIAM E 206 INGLEWOOD DR LONGVIEW WA 98632
236-53 5100014553 BOCHMAN ALBERT F JR 2 BAKER LANE LAKEVILLE MA 02347
236-53 5100014587 PANECZKO PHYLLIS A 58 TOPSFIELD ROAD BRISTOL CT 06010
236-53 5100014611 MONKS KATHLEEN M 7426 NORTH NEWMAN AVENUE PORTLAND OR 97203
236-53 5100014652 GFELLER JANET S 1868 BUCKEYE COURT HIGHLAND CA 92346
236-53 5100014694 BOHMHOLDT ELIZABETH A 3322 SOUTHWEST 340TH PLACE FEDERAL WAY WA 98023
236-53 5100014702 CHEN WEI HUA 2 CARRIAGE WAY NORTH READING MA 01864
236-53 5100014710 PORTER VIRGINIA M 1 DARTMOUTH ROAD PLYMOUTH MA 02360
236-53 5100014736 RASCHDORF KARL W 2892 SE WALNUT STREET HILLSBORO OR 97123
236-53 5100014744 CROW MARTHA J 62 HC PO BOX 247C DURANT OK 74701
236-53 5100014769 SMITH EDMOND R 2505 W HASKELL PL TULSA OK 74127
236-53 5100014777 HERRICK SUSAN G 2008 173RD STREET SE BOTHELL WA 98012
236-53 5100014785 HAAKENSON DONALD K 302 SOUTHWOOD DRIVE HORACE ND 58047
236-53 5100014793 BLAKE KEITH 2035 NW SUNBERRY DRIVE ROSEBURG OR 97470
236-53 5100014801 PFINGSTEN RICHARD A 7300 7TH AVENUE SOUTHWEST SEATTLE WA 98106
236-53 5100014827 SITTON DANNY ROY 1960 HUTCHINS CIRCLE MEDFORD OR 97504
236-53 5100014850 DAVILA H JAIME SR 5232 NE LAUREL DRIVE CORVALLIS OR 97330
236-53 5100014876 GOSHORN CARL A JR 2305 3RD STREET BAKER CITY OR 97814
236-53 5100014918 PUETZ KAREN F 720 9TH STREET NORTH WAHPETON ND 58075
236-53 5100014934 LEINGANG BONITA F 1804 EMBERLAND DRIVE MANDAN ND 58554
236-53 5100014959 SIMMONS HOWARD W 3222 SOUTH THOMPSON AVENUE TACOMA WA 98408
236-53 5100014975 AKINS RONALD D 9730 SW 77TH AVENUE TIGARD OR 97223
236-53 5100014983 BRIDGES GARRY R 200 SOUTH ACRES DRIVE MIDWEST CITY OK 73130
236-53 5100014991 FORSHAY SHIRLEY 4233 NE 21ST AVENUE PORTLAND OR 97211
236-53 5100015022 COTHREN RONALD DAVID 28 FAIRVIEW ROAD GRAYS RIVER WA 98621
236-53 5100015055 BENJAMIN DANIEL A 380 OLD WATERBURY ROAD 10 SOUTHBURY CT 06488
236-53 5100015063 ROSSON JOHNNY LEE 420 CALIFORNIA ENID OK 73701
236-53 5100015071 SANDERS SANDRA G 437 21ST STREET SW MINOT ND 58701
236-53 5100015105 GARRITY ROBERT K 2416 26TH STREET SE PUYALLUP WA 98374
236-53 5100015121 MOTTE JUDITH A 616 CRUTCHMER OKMULGEE OK 74447
236-53 5100015139 HUMPHREY GEORGE E 25631 34TH AVENUE SOUTH KENT WA 98032
236-53 5100015147 KEMERY DAVID L 6330 NE WILLOW STREET PORTLAND OR 97213
236-53 5100015154 AGUIAR GEORGE 58 BRENTWOOD DRIVE GLASTONBURY CT 06033
236-53 5100015162 WALLACE SHIRLEY A 866 N BELKNAP STREET PRINEVILLE OR 97754
236-53 5100015170 LEDOUX JACQUELINE E 54 UPSALA STREET WORCESTER MA 01610
236-53 5100015188 MIERS CECILIA K 2709 NORTH SPRUCE MCALESTER OK 74501
236-53 5100015196 COWELL DORA F HCR2 BOX 11CC KILLDEER ND 58640
236-53 5100015212 POLACO JOSE 313 WILSON STREET WATERBURY CT 06708
236-53 5100015220 JAEGER CURTIS J 1015 1ST ST NE MINOT ND 58703
236-53 5100015238 HUFFER JAY D 900 ERIE STREET MUSKOGEE OK 74403
236-53 5100015246 VEMPREN PAUL A 5510 NW COTTONWOOD DRIVE LAWTON OK 73505
236-53 5100015261 SITTER RONALD J 316 NW 22ND STREET OKLAHOMA CITY OK 73103
236-53 5100015279 PATTERSON DAVID A 1839 BURKLAND ROAD MOUNT VERNON WA 98274
236-53 5100015287 SOTO RONNIE 196 FAIRMONT AVENUE NEW HAVEN CT 06513
236-53 5100015295 ROSSER MARK E 3919 S GARY PLACE TULSA OK 74105
236-53 5100015329 STEIN JOSEPH 39 HAWTHORNE DRIVE NORWALK CT 06851
236-53 5100015337 SCHULZE STEPHEN L 4111 WILSON STREET DURANT OK 74701
236-53 5100015352 GRABEK WILLIAM J 323 LEBANON AVENUE LEBANON CT 06249
236-53 5100015360 BAKER CLAYTON D 516 N LOTUS AVENUE MIDWEST CITY OK 73130
236-53 5100015386 ANDERSON ROBERT N 1227 VAN ARSDOL COURT CLARKSTON WA 99403
236-53 5100015394 SCHRAMM LETHA L 511 N COLLEGE STREET NEWBERG OR 97132
236-53 5100015428 RUFFNER GEORGE RT 3 BOX 224 INOLA OK 74036
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 32 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 5100014165 28,200.00 28,153.24 05/06/98 03/03/23 298.16 07/01/98 24.1 8.975 217.99
236-53 5100014173 61,200.00 60,969.63 06/01/98 04/15/13 179.00 06/29/98 53.2 10.475 623.50
236-53 5100014181 28,425.00 28,369.03 05/06/98 03/09/18 238.16 07/01/98 89.9 11.625 282.05
236-53 5100014207 177,200.00 177,200.00 05/01/98 03/09/18 238.00 05/29/98 40.7 9.740 1,550.25
236-53 5100014223 53,900.00 53,856.71 05/06/98 02/25/28 358.16 07/29/98 79.2 11.975 510.80
236-53 5100014280 122,314.00 122,141.81 05/01/98 03/09/18 238.00 06/26/98 67.2 8.850 1,004.87
236-53 5100014322 98,900.00 98,416.07 05/06/98 03/15/13 178.16 07/01/98 71.6 9.000 925.82
236-53 5100014330 19,700.00 19,444.79 05/06/98 03/21/08 118.16 07/29/98 82.6 10.875 249.16
236-53 5100014348 42,400.00 42,037.44 05/06/98 03/21/08 118.16 07/01/98 34.7 10.975 538.47
236-53 5100014371 93,000.00 92,592.91 05/06/98 03/15/13 178.16 07/01/98 78.8 10.225 934.23
236-53 5100014405 179,600.00 178,521.01 05/01/98 03/18/11 154.00 06/26/98 74.8 9.600 1,863.79
236-53 5100014421 47,400.00 46,980.47 05/06/98 03/21/08 118.16 07/01/98 54.5 10.375 587.22
236-53 5100014454 148,300.00 147,973.11 05/06/98 03/09/18 238.16 07/01/98 89.8 10.775 1,391.95
236-53 5100014470 74,400.00 74,024.75 06/01/98 04/21/08 119.00 06/29/98 43.7 8.000 833.10
236-53 5100014496 29,600.00 29,394.06 05/06/98 03/21/08 118.16 07/01/98 77.7 14.475 431.98
236-53 5100014512 48,400.00 48,344.74 05/01/98 03/09/18 238.00 05/29/98 60.5 10.475 445.25
236-53 5100014520 55,200.00 54,961.69 05/06/98 03/15/13 178.16 07/01/98 81.1 10.375 559.22
236-53 5100014546 48,600.00 48,216.37 05/06/98 03/21/08 118.16 07/01/98 83.5 12.350 652.61
236-53 5100014553 62,100.00 61,573.56 05/06/98 03/21/08 118.16 07/01/98 89.5 11.125 793.53
236-53 5100014587 35,400.00 34,024.14 06/06/98 04/15/13 179.15 08/29/98 26.2 9.100 333.33
236-53 5100014611 50,500.00 50,447.73 05/06/98 03/03/23 298.16 07/01/98 89.9 11.725 481.49
236-53 5100014652 82,600.00 81,847.76 05/06/98 03/21/08 118.16 07/01/98 75.7 9.875 1,002.14
236-53 5100014694 19,400.00 19,112.36 06/06/98 04/25/05 83.15 08/01/98 68.9 10.850 305.14
236-53 5100014702 62,200.00 62,075.43 05/06/98 03/09/18 238.16 07/01/98 44.4 11.500 612.24
236-53 5100014710 17,396.00 17,381.45 05/06/98 02/27/26 334.16 07/29/98 84.2 12.975 178.43
236-53 5100014736 82,644.00 81,758.73 05/01/98 03/21/08 118.00 06/26/98 61.2 9.125 971.36
236-53 5100014744 28,200.00 28,200.00 06/01/98 04/21/08 119.00 06/01/98 36.8 10.365 349.22
236-53 5100014769 53,500.00 53,061.97 06/06/98 04/21/08 119.15 08/01/98 84.9 11.725 700.56
236-53 5100014777 29,700.00 29,634.33 05/06/98 03/09/18 238.16 07/01/98 70.7 10.750 278.30
236-53 5100014785 31,300.00 31,062.24 05/06/98 03/20/09 130.16 07/01/98 84.8 10.325 367.00
236-53 5100014793 18,100.00 18,100.00 06/01/98 04/15/13 179.00 06/01/98 79.0 12.625 207.26
236-53 5100014801 19,692.00 19,530.77 05/06/98 03/21/08 118.16 07/01/98 73.5 11.725 257.86
236-53 5100014827 84,600.00 83,872.39 05/06/98 03/21/08 118.16 07/01/98 74.8 10.875 1,070.00
236-53 5100014850 73,290.00 73,216.84 06/01/98 04/09/18 239.00 06/29/98 84.6 11.490 720.93
236-53 5100014876 14,500.00 14,384.86 05/06/98 03/21/08 118.16 07/01/98 89.8 12.250 193.93
236-53 5100014918 41,400.00 41,051.06 06/06/98 04/21/08 119.15 08/01/98 88.0 11.225 531.19
236-53 5100014934 83,100.00 82,711.34 05/06/98 03/15/13 178.16 07/01/98 69.2 9.500 800.89
236-53 5100014959 89,000.00 89,000.00 05/01/98 03/18/11 154.00 05/29/98 71.2 8.875 889.20
236-53 5100014975 13,900.00 13,729.74 05/06/98 03/21/08 118.16 07/29/98 80.5 11.850 182.94
236-53 5100014983 22,125.00 21,627.45 06/06/98 04/28/03 59.15 08/01/98 86.4 12.350 457.79
236-53 5100014991 27,800.00 27,800.00 06/01/98 04/21/08 119.00 06/29/98 53.2 11.225 356.69
236-53 5100015022 96,000.00 95,939.06 05/01/98 02/25/28 358.00 05/29/98 75.0 7.875 642.48
236-53 5100015055 81,000.00 80,673.79 06/06/98 04/15/13 179.15 08/01/98 90.0 11.125 855.58
236-53 5100015063 76,800.00 76,565.75 06/06/98 04/13/15 203.15 08/01/98 83.4 11.225 779.76
236-53 5100015071 12,300.00 12,205.16 06/06/98 04/21/08 119.15 08/01/98 79.9 12.750 167.82
236-53 5100015105 97,000.00 96,913.97 06/06/98 03/27/28 359.15 08/01/98 74.6 9.625 761.03
236-53 5100015121 35,300.00 35,013.08 06/06/98 04/21/08 119.15 08/01/98 86.0 11.850 464.58
236-53 5100015139 94,500.00 94,391.26 06/06/98 04/03/23 299.15 08/01/98 75.6 11.120 862.48
236-53 5100015147 18,735.00 18,294.07 06/06/98 04/28/03 59.15 08/01/98 39.1 10.625 372.69
236-53 5100015154 31,600.00 31,337.49 06/06/98 04/21/08 119.15 08/01/98 43.1 11.475 409.61
236-53 5100015162 58,500.00 58,500.00 06/01/98 03/27/28 359.00 06/01/98 84.7 11.240 524.05
236-53 5100015170 48,860.00 48,727.95 06/06/98 04/09/18 239.15 08/01/98 67.8 9.200 411.57
236-53 5100015188 23,200.00 23,166.08 06/06/98 04/03/23 299.15 08/01/98 84.3 9.725 190.45
236-53 5100015196 41,900.00 41,831.96 06/06/98 04/03/23 299.15 08/01/98 69.8 9.100 327.20
236-53 5100015212 30,000.00 29,934.02 06/01/98 04/18/11 155.00 06/29/98 79.8 13.475 376.94
236-53 5100015220 23,900.00 23,364.30 06/06/98 04/28/03 59.15 08/01/98 53.3 12.475 495.92
236-53 5100015238 27,700.00 27,481.35 06/06/98 04/21/08 119.15 08/01/98 88.8 12.350 371.96
236-53 5100015246 47,200.00 47,200.00 06/01/98 04/21/08 119.00 06/01/98 74.9 8.350 536.62
236-53 5100015261 73,700.00 73,700.00 06/01/98 04/15/13 179.00 06/01/98 87.1 11.225 782.77
236-53 5100015279 43,905.00 43,405.84 06/06/98 04/21/08 119.15 08/29/98 84.1 13.125 607.99
236-53 5100015287 23,912.00 23,912.00 06/01/98 04/03/23 299.00 06/01/98 81.4 12.475 240.24
236-53 5100015295 26,300.00 26,203.59 07/07/98 05/15/13 180.20 09/01/98 83.0 12.125 293.28
236-53 5100015329 39,200.00 39,200.00 06/01/98 04/15/13 179.00 06/01/98 76.1 9.875 386.03
236-53 5100015337 129,600.00 129,234.36 06/06/98 04/11/16 215.15 08/01/98 83.0 10.775 1,256.25
236-53 5100015352 59,100.00 58,615.64 06/06/98 04/20/09 131.15 08/01/98 69.9 9.125 656.17
236-53 5100015360 45,600.00 45,542.98 06/01/98 04/09/18 239.00 06/29/98 80.0 9.775 399.90
236-53 5100015386 76,775.00 76,147.33 06/06/98 04/21/08 119.15 08/01/98 84.3 11.750 1,006.35
236-53 5100015394 33,600.00 33,340.56 06/06/98 04/21/08 119.15 08/01/98 79.9 12.725 457.98
236-53 5100015428 74,000.00 74,000.00 06/01/98 04/09/18 239.00 06/01/98 87.0 11.275 717.82
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 33 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 5100015477 CZICHOTZKI BRIAN D 1521 2ND AVENUE SOUTH FARGO ND 58103
236-53 5100015485 NICOLAISEN ALAN R 1104 SOUTH DUFF STREET MITCHELL SD 57301
236-53 5100015501 MELROE SYLVAN N 525 24TH AVENUE SOUTH FARGO ND 58103
236-53 5100015519 MOUNTAIN JAMES C 824 WEST 5TH AVENUE MITCHELL SD 57301
236-53 5100015527 WINTERS CLIFF L 7900 NE 144TH CIRCLE VANCOUVER WA 98662
236-53 5100015568 RAGO VINCENT A 1106 SOUTH CENTURY ROAD VERADALE WA 99037
236-53 5100015576 LETOURNEAU DONALD A 1415 W BROADWAY ENID OK 73703
236-53 5100015600 ALMEIDA JOAQUIM 159 OLD FARM DRIVE NEWINGTON CT 06111
236-53 5100015618 RHODES CHARLES K 1004 15TH STREET WEST WILLISTON ND 58801
236-53 5100015642 CHRISTLIEB JOHN 2101 E 5TH AVENUE WEST FARGO ND 58078
236-53 5100015659 RAWSON FRED W 212 N WORTMAN AVENUE CLAREMORE OK 74017
236-53 5100015667 GARRETT CRAIG A 11400 S LUTHER ROAD NEWALLA OK 74857
236-53 5100015675 FRIEDT ARNOLD M 328 WHERLE DR RICHARDTON ND 58652
236-53 5100015683 FENNER IRVING A 60 ALLEN HILL ROAD BROOKLYN CT 06234
236-53 5100015691 HOPKINS ROBERT E 1469 ELM STREET CLARKSTON WA 99403
236-53 5100015766 SHINDELDECKE JUNE M 4044 N FIFESHIRE AVENUE BOISE ID 83713
236-53 5100015808 MYERS TIMOTHY G 16815 NORTHEAST 100TH STRE REDMOND WA 98052
236-53 5100015816 MORENO FERMIN 414 AUBURN AVENUE SAN MARCOS CA 92069
236-53 5100015832 WOODS LARRY A 1310 EAST CHERRY STREET ENID OK 73701
236-53 5100015840 LOGUE LARUE 415 S MCGEE DRIVE SALLISAW OK 74955
236-53 5100015873 GLEASON JULIE E 9195 W DEER LANE EAGLE ID 83616
236-53 5100015881 THOMPSON WILLIAM J 17982 RANIER DRIVE SANTA ANA CA 92705
236-53 5100015915 FRANCIS RICHARD E 525 OKANOGAN AVENUE WENATCHEE WA 98801
236-53 5100015949 CARMICHAEL MARK E 63215 CIMARRON DRIVE BEND OR 97701
236-53 5100015964 PERKINS SHERYN 1076 APPLE COURT CONCORD CA 94518
236-53 5100015972 BASH KELLY 506 S 8TH AVENUE CORNELIUS OR 97113
236-53 5100015980 LUGO LIGOURI SONIA 391 MAIN STREET UNIT 203 DEEP RIVER CT 06417
236-53 5100015998 SCHELL GERALDINE M 75 ANDREW LANE HANSON MA 02341
236-53 5100016012 PIOTRKOWSKI BERNARD A 4402 58TH AVENUE WEST TACOMA WA 98466
236-53 5100016020 BENSON SCOTT D 16111 2ND PLACE WEST LYNNWOOD WA 98037
236-53 5100016061 PETERSON ELLA 60 SHERMAN STREET BRIDGEPORT CT 06608
236-53 5100016095 HEBERT SUSAN W 701 ALLEN HILL ROAD BROOKLYN CT 06234
236-53 5100016103 ERLING SUSAN M 3743 MONTREAL STREET BISMARCK ND 58501
236-53 5100016129 HAYHURST NANCY L 2608 165TH PLACE SOUTHEAST BOTHELL WA 98012
236-53 5100016137 WOODWARD TERRY L 16 CROWN POINT SHAWNEE OK 74801
236-53 5100016160 GLASSER LANI G 12073 NE 137TH COURT KIRKLAND WA 98034
236-53 5100016186 ROGERS DAVID MICHAEL 2204 BELL AVENUE ELK CITY OK 73644
236-53 5100016194 GRACY TERRY J 1722 ACHOMA DRIVE HEBER SPRINGS AR 72543
236-53 5100016202 DURBIN JAMES RUSSELL 6009 GRUNDER DRIVE BOISE ID 83709
236-53 5100016210 KONZE LAURIE A 814 OAK STREET GRAND FORKS ND 58201
236-53 5100016228 WILKIE RICHARD 3101 MANITOBA LANE BISMARCK ND 58501
236-53 5100016244 MORALES EDWARD R 11711 HIGHWAY 116 GUERNEVILLE CA 95446
236-53 5100016277 LONGLEY GEORGE J 10819 3RD AVENUE SOUTHWEST SEATTLE WA 98146
236-53 5100016319 BISSON RONALD 1202 SILVER LANE EAST HARTFORD CT 06118
236-53 5100016350 CREWS ALLEN D 9312 LAKECREST DRIVE OKLAHOMA CITY OK 73159
236-53 5100016384 BOHLMAN RANDALL S 534 SOUTHVIEW COURT THOMPSON ND 58278
236-53 5100016392 MEYER JOHN W 461 SOUTH PELICAN WAY MERIDIAN ID 83642
236-53 5100016426 PATTERSON SCOTT 2865 ARIZONA BOULEVARD MALAGA WA 98828
236-53 5100016434 DUBUQUE BARBARA J 402 SOUTH 49TH AVENUE YAKIMA WA 98908
236-53 5100016459 COLWELL STEVEN G 15432 62ND PLACE NORTHEAST BOTHELL WA 98011
236-53 5100016467 BROWN LADY D 7209 S GARY PLACE TULSA OK 74136
236-53 5100016475 KROLL JOSEPH R 243 SOUTH 59TH STREET TACOMA WA 98408
236-53 5100016483 ORR RICHARD M 6485 WILLIAMS HIGHWAY GRANTS PASS OR 97527
236-53 5100016517 ERKS DONOVAN L 2120 S RITCHEY ROAD MEDICAL LAKE WA 99022
236-53 5100016525 SCHMID D STEVEN 645 HWY 20 E COLVILLE WA 99114
236-53 5100016541 BEAULIEU JOSEPH 3138 LAKERIDGE COURT SE OLYMPIA WA 98503
236-53 5100016558 MILLER DAVID H 1430 SOUTH 17TH STREET GRAND FORKS ND 58201
236-53 5100016574 KIRKWOOD RONALD P 5015 S MADELIA STREET SPOKANE WA 99223
236-53 5100016582 WIGGEN DAVID W 7234 PRAIRIE RIDGE DRIVE N OLYMPIA WA 98516
236-53 5100016590 MEREDITH COLLEEN J 468 ANSON AVENUE ROHNERT PARK CA 94928
236-53 5100016640 STRYKOWSKI TIMOTHY A 5745 GLENCREST AVENUE BOISE ID 83703
236-53 5100016657 DI NATALE JOHN J 2220 JULIE AVENUE TURLOCK CA 95382
236-53 5100016665 SEARLES EDWARD E 305 COLTON ROAD HARTFORD SD 57033
236-53 5100016707 BARTELHEIM DAVID G 985 NE COLBY COURT BREMERTON WA 98311
236-53 5100016731 REYES HILDA 4743 NIGHTHAWK COURT NE SALEM OR 97305
236-53 5100016772 LOPEZ ANTHONY L 28210 15TH AVENUE SOUTH FEDERAL WAY WA 98003
236-53 5100016780 JIMENO CAROL K 2811 CASCADE AVENUE WEST BELLINGHAM WA 98226
236-53 5100016814 WOODS KAREN 8817 147TH AVE NORTHEAST GRANITE FALLS WA 98252
236-53 5100016822 DEANE ERIC 33 PLAINS ROAD HADDAM CT 06438
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 33 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 5100015477 18,000.00 18,000.00 07/01/98 05/09/18 240.00 07/01/98 77.9 13.250 197.61
236-53 5100015485 48,800.00 48,256.64 06/06/98 04/23/07 107.15 08/01/98 69.7 9.100 612.33
236-53 5100015501 51,900.00 51,481.84 06/06/98 04/21/08 119.15 08/01/98 42.6 12.000 687.20
236-53 5100015519 22,200.00 22,097.98 06/06/98 04/10/17 227.15 08/29/98 49.3 9.100 189.17
236-53 5100015527 23,700.00 23,494.41 06/06/98 04/21/08 119.15 08/01/98 77.1 10.725 297.90
236-53 5100015568 75,200.00 75,059.16 06/06/98 04/09/18 239.15 08/01/98 67.7 12.000 764.25
236-53 5100015576 35,200.00 34,943.84 06/06/98 04/21/08 119.15 08/01/98 80.0 13.725 499.04
236-53 5100015600 115,900.00 115,753.67 06/01/98 04/08/19 251.00 06/29/98 79.9 8.875 937.57
236-53 5100015618 41,800.00 41,462.77 06/06/98 04/20/09 131.15 08/01/98 69.6 9.375 469.45
236-53 5100015642 66,400.00 66,298.61 06/06/98 04/09/18 239.15 08/01/98 80.0 13.500 739.97
236-53 5100015659 29,250.00 29,250.00 06/01/98 04/28/03 59.00 06/01/98 89.7 10.775 583.87
236-53 5100015667 41,500.00 41,342.01 06/06/98 04/15/13 179.15 08/01/98 88.0 11.725 452.94
236-53 5100015675 20,100.00 20,100.00 06/01/98 04/10/17 227.00 06/01/98 79.9 13.500 226.38
236-53 5100015683 27,279.00 27,279.00 06/01/98 04/28/03 59.00 06/01/98 74.2 10.625 542.65
236-53 5100015691 64,000.00 63,824.83 06/06/98 04/09/18 239.15 08/01/98 68.0 9.100 535.28
236-53 5100015766 63,400.00 63,356.04 06/06/98 03/27/28 359.15 08/01/98 69.6 10.775 547.38
236-53 5100015808 55,600.00 55,600.00 07/01/98 05/09/18 240.00 07/01/98 88.4 11.375 542.86
236-53 5100015816 108,000.00 108,000.00 06/01/98 04/09/18 239.00 06/01/98 80.0 10.250 978.53
236-53 5100015832 12,100.00 12,100.00 07/01/98 05/21/08 120.00 07/01/98 89.0 11.125 154.62
236-53 5100015840 24,100.00 23,559.82 06/06/98 04/28/03 59.15 08/01/98 84.6 12.475 500.07
236-53 5100015873 16,000.00 15,984.91 06/06/98 04/03/23 299.15 08/01/98 84.7 12.250 158.28
236-53 5100015881 240,000.00 240,000.00 07/01/98 04/26/28 360.00 07/01/98 80.0 8.250 1,664.24
236-53 5100015915 69,600.00 69,600.00 06/01/98 04/09/18 239.00 06/01/98 80.0 9.100 582.12
236-53 5100015949 38,400.00 38,361.12 07/07/98 05/03/23 300.20 09/01/98 89.9 11.850 369.38
236-53 5100015964 68,200.00 68,200.00 06/01/98 03/27/28 359.00 06/01/98 47.0 8.225 471.82
236-53 5100015972 73,400.00 73,330.46 06/06/98 04/03/23 299.15 08/01/98 62.7 12.225 724.85
236-53 5100015980 59,500.00 59,269.06 06/06/98 04/10/17 227.15 08/29/98 85.0 10.500 556.94
236-53 5100015998 83,400.00 83,090.34 07/07/98 05/15/13 180.20 09/01/98 82.3 11.990 923.32
236-53 5100016012 44,500.00 44,413.53 07/07/98 05/09/18 240.20 09/01/98 89.9 11.725 444.40
236-53 5100016020 248,600.00 248,600.00 07/01/98 05/09/18 240.00 07/01/98 84.2 11.600 2,462.81
236-53 5100016061 29,700.00 29,447.85 07/07/98 05/21/08 120.20 09/01/98 54.0 11.100 379.13
236-53 5100016095 87,000.00 87,000.00 07/01/98 05/15/13 180.00 07/01/98 75.0 9.125 820.40
236-53 5100016103 25,000.00 24,907.27 07/07/98 05/15/13 180.20 09/01/98 89.8 12.000 276.92
236-53 5100016129 59,300.00 59,111.30 07/07/98 05/15/13 180.20 09/01/98 79.9 13.600 714.23
236-53 5100016137 23,600.00 23,550.33 07/07/98 05/09/18 240.20 09/01/98 89.9 11.125 226.69
236-53 5100016160 20,600.00 20,521.58 07/07/98 05/15/13 180.20 09/01/98 57.7 11.725 224.83
236-53 5100016186 52,900.00 52,457.99 07/07/98 05/21/08 120.20 09/01/98 84.9 11.375 682.92
236-53 5100016194 54,700.00 54,494.67 07/07/98 05/15/13 180.20 09/01/98 89.4 11.875 601.86
236-53 5100016202 32,700.00 32,226.64 07/07/98 05/25/05 84.20 09/01/98 86.7 11.475 524.28
236-53 5100016210 15,100.00 15,100.00 07/01/98 05/21/08 120.00 07/01/98 89.6 11.775 198.13
236-53 5100016228 68,000.00 68,000.00 07/01/98 05/09/18 240.00 07/01/98 85.0 11.340 662.42
236-53 5100016244 75,800.00 75,800.00 08/01/98 06/16/12 169.00 08/01/98 67.6 11.225 827.58
236-53 5100016277 88,400.00 88,400.00 07/01/98 05/09/18 240.00 07/01/98 85.0 9.625 767.21
236-53 5100016319 25,200.00 25,200.00 07/01/98 05/09/18 240.00 07/01/98 88.9 10.625 234.17
236-53 5100016350 20,500.00 20,500.00 07/01/98 05/15/13 180.00 07/01/98 89.9 11.225 217.73
236-53 5100016384 33,900.00 33,900.00 07/01/98 05/21/08 120.00 07/01/98 88.4 11.225 434.96
236-53 5100016392 14,600.00 14,600.00 07/01/98 05/15/13 180.00 07/01/98 84.9 12.475 165.86
236-53 5100016426 22,600.00 22,412.25 07/07/98 05/21/08 120.20 09/01/98 57.9 11.475 292.95
236-53 5100016434 24,000.00 24,000.00 07/01/98 04/26/28 360.00 07/01/98 78.4 11.025 211.39
236-53 5100016459 123,200.00 122,658.83 07/07/98 05/16/12 168.20 09/01/98 79.4 11.725 1,380.54
236-53 5100016467 67,500.00 67,500.00 07/01/98 05/21/08 120.00 07/01/98 69.4 11.725 883.88
236-53 5100016475 17,300.00 16,998.42 07/07/98 05/26/04 72.20 09/01/98 54.1 12.475 316.08
236-53 5100016483 17,000.00 16,964.21 07/07/98 05/09/18 240.20 09/01/98 89.9 11.125 163.30
236-53 5100016517 61,700.00 61,700.00 07/01/98 05/03/23 300.00 07/01/98 88.7 11.125 563.33
236-53 5100016525 39,400.00 39,400.00 07/01/98 05/21/08 120.00 07/01/98 84.9 11.875 519.07
236-53 5100016541 25,300.00 25,300.00 07/01/98 05/04/22 288.00 07/01/98 89.9 11.225 234.49
236-53 5100016558 21,700.00 21,700.00 07/01/98 05/15/13 180.00 07/01/98 84.9 12.225 243.28
236-53 5100016574 55,600.00 55,399.06 07/07/98 05/15/13 180.20 09/01/98 89.6 12.275 624.99
236-53 5100016582 51,600.00 51,361.30 07/07/98 05/16/12 168.20 09/01/98 81.9 11.125 560.42
236-53 5100016590 35,300.00 35,300.00 07/01/98 05/15/13 180.00 07/01/98 83.7 12.225 395.75
236-53 5100016640 17,800.00 17,800.00 07/01/98 05/21/08 120.00 07/01/98 72.1 13.500 250.15
236-53 5100016657 34,900.00 34,105.22 07/07/98 05/28/03 60.20 09/01/98 41.1 11.875 714.38
236-53 5100016665 29,400.00 29,350.25 07/07/98 05/09/18 240.20 09/01/98 89.9 12.750 313.10
236-53 5100016707 39,400.00 39,400.00 07/01/98 05/21/08 120.00 07/01/98 89.9 11.625 513.84
236-53 5100016731 27,900.00 27,900.00 07/01/98 05/15/13 180.00 07/01/98 84.5 12.725 321.16
236-53 5100016772 36,200.00 36,200.00 07/01/98 05/21/08 120.00 07/01/98 80.6 10.125 443.82
236-53 5100016780 20,500.00 20,256.73 07/07/98 05/24/06 96.20 09/01/98 90.0 11.475 302.05
236-53 5100016814 26,500.00 25,877.96 07/07/98 05/28/03 60.20 09/01/98 76.8 10.725 528.37
236-53 5100016822 28,200.00 28,200.00 07/01/98 05/09/18 240.00 07/01/98 79.8 13.500 314.26
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 34 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 5100016848 WOLTERS RODNEY T 509 2ND AVENUE NE JAMESTOWN ND 58401
236-53 5100016863 MCLAUGHLIN HAROLD 28812 SOUTHEAST 258TH STRE RAVENSDALE WA 98051
236-53 5100016905 TIMPANI MARK S 4920 OLD STUMP DRIVE NW GIG HARBOR WA 98332
236-53 5100016947 THOMAS CLAUDIA B 11222 96TH AVENUE SW TACOMA WA 98498
236-53 5100016954 EIRICH DAVID J 7008 PIERCE COURT YAKIMA WA 98908
236-53 5100016988 CAZARES JOSE I 11135 SOUTH TOWNSHIP ROAD CANBY OR 97013
236-53 5200000007 PISCOPO JAMES V 1088 FLORIAN WAY SPRING HILL FL 34609
236-53 5200000023 DURHAM VEERY MICHELE 6204 SE ORANGE BLOSSOM TR HOBE SOUND FL 33455
236-53 5200000049 FIENE JEFFREY 1023 NW 6TH AVENUE BOYNTON BEACH FL 33426
236-53 5200000064 HALL ADRIENNE R 111 E YALE STREET ORLANDO FL 32804
236-53 5200000114 DITTMAN RICHARD LEE 73 WOODVIEW DRIVE PORT ORANGE FL 32119
236-53 5200000155 SONI RITA M 203 LANSING ISLAND DRIVE INDIAN HARBOR BEACH FL 32937
236-53 5200000189 FIRIC KATARINA 9611 NW 52ND PLACE CORAL SPRINGS FL 33076
236-53 5200000197 MURAWSKI KRISHELLE M 4557 DEEP GROVE COURT JACKSONVILLE FL 32224
236-53 5200000205 SIMPSON ROBERT A 6517 MEMPHIS AVENUE PENSACOLA FL 32526
236-53 5200000254 DONALSON WILLIAM R 3808 FORSYTHE WAY TALLAHASSEE FL 32308
236-53 5200000288 LOOMIS SUE ANN 3984 WATERVIEW LOOP WINTER PARK FL 32792
236-53 5200000296 JOSEPH RUSSELL M 1717 ARTHUR AVENUE PANAMA CITY FL 32405
236-53 5200000346 OVERTON BEATRYCE N 2001 CEDARWOOD ST PORT CHARLOTTE FL 33948
236-53 5200000353 CINTRON JOSE 1620 LENAPE DRIVE MIAMI SPRINGS FL 33166
236-53 5200000379 HOLLINGSWORT GERALDINE G 2262 REDFERN ROAD JACKSONVILLE FL 32207
236-53 5200000387 BANE ROBERT F 159 E 7TH STREET HIALEAH FL 33010
236-53 5200000429 VAZQUEZ MODESTO 14258 SW 103RD TERRACE MIAMI FL 33186
236-53 5200000452 HANNUM FRANCES W 1115 SEMINOLE DRIVE INDIAN HARBOUR BEACH FL 32937
236-53 5200000460 COMPTON HALL W 1211 OAKMONT DRIVE NICEVILLE FL 32578
236-53 5200000486 LEASE FLOYD NORRIS 561 WELTON DRIVE PORT SAINT JOE FL 32456
236-53 5200000528 ROBERTS CATHERINE A 3072 YORKSHIRE DRIVE DELTONA FL 32738
236-53 5300000287 STEFFEN JOHN H 1936 ORCHARD ROAD HOLTVILLE CA 92250
236-53 5300001160 TANIZAWA CHRISTINE 5599 TAIT COURT NEWARK CA 94560
236-53 5300002317 HERNANDEZ RICK J 17918 ANTONIO AVENUE CERRITOS CA 90703
236-53 5300003679 ARELLANO LYDIA 1221 EAST VIRGINIA WAY BARSTOW CA 92311
236-53 5300003687 ONG SAMUEL HIEN 3728 MYRNA LANE SOUTH SAN FRANCISCO CA 94080
236-53 5300003711 SUHENDRA HERIANTO 6588 KENTWOOD BLUFFS DRIVE LOS ANGELES CA 90045
236-53 5300003737 LEWIS RONALD V 809 ORCHARD WAY MANTECA CA 95336
236-53 5300003760 GATTERER THERESA E 3845 CROW CANYON ROAD SAN RAMON CA 94583
236-53 5300003851 MARCUS ALAN 3136 SYLVAN AVENUE OAKLAND CA 94602
236-53 5300003901 HALL MICHAEL C 2155 CHARM GLOW COURT SAN JOSE CA 95121
236-53 5300003927 IVY BILLY J 2125 SANDRA COURT ARCATA CA 95521
236-53 5300003935 KWOCK PERRY 140 HOWELL ROAD CHOWCHILLA CA 93610
236-53 5300003943 MENDOZA BARBARA A 5434 YUBA AVENUE OAKLAND CA 94619
236-53 5300003968 DILL PATRICIA L 9733 CAMBURY DRIVE SANTEE CA 92071
236-53 5400000104 SANGSLAND STEPHEN D 506 E 2ND STREET LAWTON MI 49065
236-53 5400001482 RYAN JOHN W 170 NORTH BEACH STREET PENTWATER MI 49449
236-53 5400001672 APPLEBEE TIMOTHY W 4146 CHAMBERS RD VASSAR MI 48768
236-53 5400002571 TODD CURTIS E 30125 BUCKINGHAM LIVONIA MI 48154
236-53 5400002597 ALLEMON RAYMOND E 13885 MESMER ROAD ALLENTON MI 48002
236-53 5400002670 EYESTONE SANDRA A 2858 BLAIR ROAD MUSKEGON MI 49445
236-53 5400002688 WALCZOWSKI GEORGE 47747 JEFFERSON AVENUE NEW BALTIMORE MI 48047
236-53 5400002696 ZIELONKA CHERYL A 32300 WASHINGTON LIVONIA MI 48150
236-53 5400002712 SPRAGUE MARLA A 212 GRAFTON ALMA MI 48801
236-53 5400002845 GAILLIARD CARLTON EUGENE 19934 BURT RD DETROIT MI 48219
236-53 5400002860 PAYNE KRISTY 2800 W SHELBY ROAD SHELBY MI 49455
236-53 5400002878 JOHNSON ROGER ALAN 5874 BALLARD STREET WOLVERINE MI 49799
236-53 5400002910 SIDEBOTTOM JAMES E 5441 N HURON ROAD PINCONNING MI 48650
236-53 5400002944 JAEGER FRANZ W 29836 HEMLOCK AVENUE FARMINGTON HILLS MI 48336
236-53 5400002951 SAVAGE HEIDI 17140 5TH ST HOLLAND MI 49424
236-53 5400002969 GRINBERGS UGIS 2234 CARPATHIAN DRIVE WEST BLOOMFIELD MI 48324
236-53 5400002985 FALK GARY ALLAN 13150 TORREY ROAD FENTON MI 48430
236-53 5400002993 NEAD VANESSA J 48535 MEADOWCREST DRIVE MACOMB MI 48044
236-53 5400003009 PAVLAK JOHN E 740 FAIRWOOD INKSTER MI 48141
236-53 5400003033 OSBORNE DAWN C 294 DOUGLAS STREET FRUITPORT MI 49415
236-53 5400003041 KYSER LARRY D 7280 S JEROME ROAD ASHLEY MI 48806
236-53 5400003074 SOLLOWAY CHARLES E 63819 M-62 SOUTH CASSOPOLIS MI 49031
236-53 5400003090 PARENT BRYAN W 19454 ZENITH LANE MILLERSBURG MI 49759
236-53 5400003108 TOVAR MARIAN K 100 ELM STREET DURAND MI 48429
236-53 5400003116 HOLLAND LEROY 20107 BLACKSTONE STREET DETROIT MI 48219
236-53 5400003124 SOIK LEONARD 20766 RUPINSKI ROAD HILLMAN MI 49746
236-53 5400003132 HAWLEY YVONNE 2051 AMY STREET BURTON MI 48519
236-53 5400003157 PARKS RICHARD H 301 S LINCOLN STREET PERRY MI 48872
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 34 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 5100016848 22,800.00 22,800.00 07/01/98 05/28/03 60.00 07/01/98 86.2 10.625 453.55
236-53 5100016863 106,500.00 106,075.07 07/07/98 05/15/13 180.20 09/01/98 89.9 11.225 1,131.13
236-53 5100016905 59,800.00 59,587.97 07/07/98 05/15/13 180.20 09/01/98 58.9 12.475 679.36
236-53 5100016947 44,800.00 44,800.00 08/01/98 06/15/13 181.00 08/01/98 81.1 10.375 453.86
236-53 5100016954 98,700.00 97,856.01 07/07/98 05/21/08 120.20 09/01/98 89.7 10.975 1,253.48
236-53 5100016988 39,600.00 39,600.00 07/01/98 05/21/08 120.00 07/01/98 68.8 11.000 503.43
236-53 5200000007 48,400.00 48,246.36 06/06/98 04/15/13 179.15 08/01/98 78.8 13.625 583.69
236-53 5200000023 11,300.00 11,293.06 06/06/98 03/30/26 335.15 08/01/98 81.6 12.490 112.02
236-53 5200000049 18,100.00 18,068.43 06/06/98 04/09/18 239.15 08/01/98 88.8 12.525 190.10
236-53 5200000064 38,500.00 38,336.06 06/06/98 04/15/13 179.15 08/01/98 48.2 10.525 393.34
236-53 5200000114 22,200.00 22,042.39 06/06/98 04/20/09 131.15 08/01/98 61.9 11.375 272.71
236-53 5200000155 245,900.00 244,651.04 06/06/98 04/18/11 155.15 08/01/98 79.5 11.750 2,844.23
236-53 5200000189 24,300.00 24,099.89 06/06/98 04/21/08 119.15 08/01/98 88.9 11.625 316.91
236-53 5200000197 17,100.00 17,069.55 06/06/98 04/09/18 239.15 08/01/98 89.8 12.375 177.93
236-53 5200000205 49,700.00 49,700.00 06/01/98 04/19/10 143.00 06/01/98 76.7 10.125 551.49
236-53 5200000254 107,600.00 107,600.00 06/01/98 04/13/15 203.00 06/01/98 74.7 9.375 975.23
236-53 5200000288 40,100.00 40,028.60 07/07/98 05/09/18 240.20 09/01/98 87.3 12.375 417.25
236-53 5200000296 30,300.00 30,300.00 07/01/98 05/03/23 300.00 07/01/98 63.3 11.750 289.41
236-53 5200000346 10,500.00 10,500.00 07/01/98 05/15/13 180.00 07/01/98 83.8 12.025 116.46
236-53 5200000353 26,800.00 26,640.05 07/07/98 05/19/10 144.20 09/01/98 68.6 11.625 319.27
236-53 5200000379 15,700.00 15,554.89 07/07/98 05/23/07 108.20 09/01/98 81.8 12.750 226.18
236-53 5200000387 12,200.00 12,180.72 07/07/98 05/09/18 240.20 09/01/98 79.4 13.250 133.94
236-53 5200000429 21,400.00 21,359.67 07/07/98 05/10/17 228.20 09/01/98 76.2 12.990 233.90
236-53 5200000452 33,300.00 33,025.78 07/07/98 05/21/08 120.20 09/01/98 87.9 11.625 434.28
236-53 5200000460 93,700.00 93,700.00 07/01/98 05/09/18 240.00 07/01/98 74.9 9.000 778.11
236-53 5200000486 19,000.00 18,776.03 07/07/98 05/24/06 96.20 09/01/98 51.7 11.625 281.39
236-53 5200000528 70,200.00 70,149.72 07/07/98 04/26/28 360.20 09/01/98 90.0 10.625 598.79
236-53 5300000287 116,000.00 115,726.14 05/06/98 03/09/18 238.16 07/01/98 80.0 10.250 1,051.01
236-53 5300001160 130,200.00 127,912.85 03/06/98 01/25/08 116.22 06/26/98 63.5 11.000 1,655.22
236-53 5300002317 42,800.00 42,229.48 05/06/98 03/21/08 118.16 07/29/98 82.5 10.375 530.24
236-53 5300003679 12,900.00 12,836.40 05/06/98 03/18/11 154.16 07/01/98 84.9 12.125 151.97
236-53 5300003687 26,600.00 26,541.48 05/06/98 03/10/17 226.16 07/01/98 84.9 11.775 270.06
236-53 5300003711 104,800.00 104,372.58 05/06/98 03/15/13 178.16 07/01/98 80.0 10.990 1,098.77
236-53 5300003737 82,600.00 81,787.15 05/06/98 03/21/08 118.16 07/01/98 70.0 8.500 945.18
236-53 5300003760 38,000.00 37,956.60 05/06/98 03/04/22 286.16 07/01/98 84.9 11.875 368.72
236-53 5300003851 140,200.00 139,943.93 05/06/98 03/04/22 286.16 07/01/98 71.8 9.000 1,098.21
236-53 5300003901 289,000.00 288,701.66 05/06/98 03/03/23 298.16 07/01/98 85.0 11.740 2,758.39
236-53 5300003927 50,600.00 50,104.29 06/06/98 04/23/07 107.15 08/01/98 84.9 11.625 699.23
236-53 5300003935 57,600.00 57,476.75 06/06/98 04/09/18 239.15 08/01/98 75.7 11.000 548.75
236-53 5300003943 81,500.00 81,416.54 06/01/98 04/04/22 287.00 06/29/98 56.9 8.250 600.67
236-53 5300003968 77,600.00 77,312.16 06/06/98 04/15/13 179.15 08/01/98 64.2 12.000 859.57
236-53 5400000104 64,400.00 63,478.00 02/04/98 12/22/10 151.13 06/24/98 78.5 10.375 695.44
236-53 5400001482 300,000.00 299,627.40 05/06/98 03/04/22 286.16 07/01/98 76.7 11.375 2,810.49
236-53 5400001672 79,900.00 79,803.64 05/06/98 03/03/23 298.16 07/01/98 79.9 10.850 714.84
236-53 5400002571 31,100.00 30,144.01 05/06/98 03/28/03 58.16 07/29/98 25.9 11.475 630.83
236-53 5400002597 32,600.00 32,486.07 05/06/98 03/15/13 178.16 07/01/98 82.7 12.625 373.29
236-53 5400002670 55,600.00 54,864.12 05/06/98 03/21/08 118.16 07/29/98 66.9 10.500 692.40
236-53 5400002688 43,900.00 43,716.50 05/06/98 03/15/13 178.16 07/01/98 75.9 10.725 453.55
236-53 5400002696 63,600.00 63,056.15 05/06/98 03/21/08 118.16 07/01/98 53.8 10.975 807.71
236-53 5400002712 46,700.00 46,320.42 05/06/98 03/21/08 118.16 07/01/98 88.1 11.850 614.62
236-53 5400002845 30,400.00 30,142.29 05/06/98 03/21/08 118.16 07/01/98 59.6 11.125 388.46
236-53 5400002860 47,100.00 46,710.34 05/06/98 03/20/09 130.16 07/01/98 66.8 8.975 519.33
236-53 5400002878 33,900.00 33,822.58 05/06/98 03/10/17 226.16 07/01/98 89.2 11.475 337.77
236-53 5400002910 13,000.00 12,926.51 05/06/98 03/19/10 142.16 07/01/98 79.6 12.375 160.32
236-53 5400002944 39,400.00 39,348.74 05/06/98 03/03/23 298.16 07/01/98 74.7 10.410 341.03
236-53 5400002951 40,900.00 40,569.97 05/06/98 03/21/08 118.16 07/01/98 85.9 11.975 541.01
236-53 5400002969 19,900.00 19,742.92 05/06/98 03/21/08 118.16 07/01/98 81.6 12.350 267.22
236-53 5400002985 33,700.00 33,670.47 05/06/98 03/03/23 298.16 07/01/98 83.2 12.660 342.88
236-53 5400002993 24,000.00 23,788.00 05/06/98 03/21/08 118.16 07/01/98 80.3 10.410 297.76
236-53 5400003009 50,900.00 50,406.06 05/06/98 03/21/08 118.16 07/01/98 71.1 8.750 588.74
236-53 5400003033 79,200.00 79,060.42 05/06/98 03/04/22 286.16 07/01/98 71.3 9.225 631.56
236-53 5400003041 99,100.00 98,968.04 05/01/98 03/03/23 298.00 06/26/98 82.5 10.275 848.99
236-53 5400003074 53,900.00 53,783.45 05/06/98 03/10/17 226.16 07/01/98 84.2 11.910 551.82
236-53 5400003090 75,900.00 75,247.22 05/06/98 03/21/08 118.16 07/01/98 75.0 10.875 959.96
236-53 5400003108 52,400.00 52,165.30 05/06/98 03/15/13 178.16 07/01/98 58.2 9.975 518.97
236-53 5400003116 60,000.00 59,245.68 05/06/98 03/18/11 154.16 08/26/98 62.8 9.100 606.61
236-53 5400003124 22,203.00 22,113.78 05/06/98 03/15/13 178.16 07/01/98 79.7 11.150 234.85
236-53 5400003132 18,600.00 18,455.23 06/06/98 04/21/08 119.15 08/01/98 86.8 12.590 252.17
236-53 5400003157 26,600.00 26,486.90 05/06/98 03/10/17 226.16 07/29/98 45.0 9.750 236.92
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 35 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 5400003165 SCHAENDORF JEFFREY M 303 E MAIN STREET HOPKINS MI 49328
236-53 5400003207 WILSON-RABID JENNIFER 1867 FARMBROOK DRIVE TROY MI 48098
236-53 5400003215 HORN THOMAS D 4610 GREEN HIGHWAY TECUMSEH MI 49286
236-53 5500001341 DOLCIMASCOLO SALVATORE T 5 ATLANTA DRIVE JACKSON NJ 08527
236-53 5500001408 WOJTASZEK FRANK 5 DRAKE AVENUE TOWNSHIP OF MONROE NJ 08884
236-53 5500001432 BARCH JOHN C 43 THIRD AVENUE NYACK NY 10960
236-53 5500001457 ANDERSON VIRGINIA L 272 TIMBERPOINT ROAD EAST ISLIP NY 11730
236-53 5500001465 PILZ MANFRED 341 ONTARIO STREET RONKONKOMA NY 11779
236-53 5500001473 JOHNSON EILEEN 37 WILLIAM AVENUE CENTRAL ISLIP NY 11722
236-53 5500001481 JOHNSON EILEEN 37 WILLIAM AVENUE CENTRAL ISLIP NY 11722
236-53 5500001499 LENNON ENDA 2124 MILLBROOK ROAD WALL TOWNSHIP NJ 08750
236-53 5500001523 STEGNER LARRY E 4880 CLARK STREET HAMBURG NY 14075
236-53 5500001531 MASTALSKI ROBERT J JR 352 N 5TH AVE LINDENWOLD NJ 08021
236-53 5500001598 NOWAK JUDITH 4961 NORTH ROAD OWASCO NY 13021
236-53 5500001622 STUBENRAUCH JOHN 201 BURLINGTON AVENUE DEER PARK NY 11729
236-53 5500001648 DUPPS LUCAS 214 109TH AVENUE ELMONT NY 11003
236-53 5500001697 KING MARC ANTHONY III 5408 WYNDALE AVENUE CITY OF PHILADELPHIA PA 19131
236-53 5500001705 ALLEN MILTON J 71 NORMAN STREET CITY OF CORNING NY 14830
236-53 5500001747 FIORE GREGORY 220 BELMONT AVENUE PLEASANTVILLE NJ 08232
236-53 5500001762 HUSTED GERALD P 35 VICTOR LANE POUGHKEEPSIE NY 12601
236-53 5500001770 WOLTERS JOANNE H 1897 FARGO STREET BALDWIN NY 11510
236-53 5500001788 KING LAUREL A 19480 ST MARYS STREET DETROIT MI 48235
236-53 5500001804 HEATH JEAN E 2608 BEETHOVEN STREET PORTAGE MI 49024
236-53 5500001838 CRUZ DONNA G 281 MOHICAN AVENUE RONKONKOMA NY 11779
236-53 5500001853 BALESTRA AMY 5222 POWHATTAN STREET CITY OF PITTSBURGH PA 15224
236-53 5500001861 PHANISNARAIN LAKHRANIE DA 92-01 VANDERVEER STREET QUEENS VILLAGE NY 11428
236-53 5500001945 CASEY WILLIAM 35 MANCHESTER DRIVE STATEN ISLAND NY 10312
236-53 5500001978 HIMELRICK LINDA C 30 GRANT AVENUE GLENS FALLS NY 12801
236-53 5500001986 ANTIGNANI DENISE 48 BARN OWL DR ALLAMUCHY NJ 07840
236-53 5600000029 STEVENSON EVELYN L 142 GROVE DRIVE ASHTABULA OH 44004
236-53 5600000078 BARNASH THOMAS J 872 LEAHY CIRCLE DES PLAINES IL 60016
236-53 5600000086 MCCARTHY ERNEST D 203 DIXON STREET WALBRIDGE OH 43465
236-53 5600000169 BRENNAN MYRA L 852 VOYAGER DRIVE BARTLETT IL 60103
236-53 5600000177 CRADY JEFFERY G 700 NAVAJO DRIVE NEW ALBANY IN 47150
236-53 5600000631 DUKE THEODORE L 10314 YOUNGTOWN SALEM ROAD SALEM OH 44460
236-53 5600001126 CASE DAN R 409 MACON AVENUE LOUISVILLE KY 40207
236-53 5600001134 WILLIQUETTE BRUCE A 14538 DIVISION STREET POSEN IL 60469
236-53 5600001142 DELANEY CHESTER 1366 N RIVERSIDE DRIVE MOMENCE IL 60954
236-53 5600001175 DELEON LIBRADA 2046 WILLOWOOD DRIVE N MANSFIELD OH 44906
236-53 5600001183 DAY DANIEL F 125 GUARDIAN DRIVE TOLEDO OH 43615
236-53 5600001191 HENSLEY MARK A 393 HERMITAGE ROAD GAHANNA OH 43230
236-53 5600001209 WAGNER MARION G 223 MONTROSE DRIVE ROMEOVILLE IL 60446
236-53 5600001225 MOFFITT DEBORAH R 2742 10TH STREET CUYAHOGA FALLS OH 44221
236-53 5600001233 NOFZIGER JOEL A 2038 EVANSDALE AVENUE TOLEDO OH 43607
236-53 5600001258 DILLINGHAM KIM 710 SOUTH FIRST STREET MAYFIELD KY 42066
236-53 5600001274 WILSON VERA C 1232 N MAYFIELD AVENUE CHICAGO IL 60651
236-53 5600001282 MEYER RICKY K 701 SOUTH MAIN FORT BRANCH IN 47648
236-53 5600001316 JOHNSON JAMES H 3525 DEER RIDGE ROAD GOREVILLE IL 62939
236-53 5600001324 BUZZANCO ARLENE H 671 BURNING OAKS DRIVE NE WARREN OH 44484
236-53 5600001357 UNDERWOOD DELORIS LOUISE 1124 STEWART ST KNOXVILLE TN 37917
236-53 5600001365 HANEY WILLIAM D 227 SYRACUSE CT ELYRIA OH 44035
236-53 5600001373 THOMPSON RONALD L 1508 SUNSET DRIVE ROCHESTER IN 46975
236-53 5600001381 THOMPSON RONALD L 1508 SUNSET DRIVE ROCHESTER IN 46975
236-53 5600001431 HIME TINA 8700 SEMITH RD TROY IL 62294
236-53 5600001449 MECOZZI DARRELL J 7939 24TH AVENUE KENOSHA WI 53143
236-53 5600001456 SEARING JEFFREY D 205 PLAIN STREET LA PORTE IN 46350
236-53 5600001464 BURISEK JERRY H 627 MAPLE LANE GENEVA IL 60134
236-53 5600001472 KRAL TIMOTHY MICHAEL 320 BONNIEWOOD DRIVE CLEVELAND OH 44110
236-53 5600001548 BUSHBECK BRIAN A 1070 E RANDVILLE DRIVE PALATINE IL 60067
236-53 5600001589 SCHLAKE THERESA A 300 W 13TH STREET NEWPORT KY 41071
236-53 5600001654 FARMER MARGARET A 2660 NORTH STREET GRANITE CITY IL 62040
236-53 5600001670 WEDDLE TIMOTHY S 4290 N 200 W COLUMBUS IN 47201
236-53 5600001688 NAUMAN WILLIAM M JR 723 SOUTH PRAIRIE STREET METAMORA IL 61548
236-53 5600001696 WHITELEY JOHN C 1777 KOKOMO DRIVE HUBBARD OH 44425
236-53 5600001720 GLAD CHRISTINE R 2330 W ALVINA AVENUE MILWAUKEE WI 53221
236-53 5600001738 CHAMPENY JEANINE L 2322 SUNSHINE LANE BELOIT WI 53511
236-53 5600001746 CLARK DEBRA 301 EAST FIFER STREET COLFAX IL 61728
236-53 5600001779 DUQUAINE ROGER G 1689 MAR EL ROAD DE PERE WI 54115
236-53 5600001811 MAZUR JANET M 51 BRIAR LANE GENEVA IL 60134
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 35 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 5400003165 90,300.00 89,974.17 05/06/98 03/14/14 190.16 07/01/98 82.0 10.875 917.63
236-53 5400003207 28,248.00 28,047.71 05/06/98 03/21/08 118.16 07/01/98 77.0 14.160 407.29
236-53 5400003215 25,900.00 25,316.00 06/06/98 04/28/03 59.15 08/01/98 82.6 12.250 534.69
236-53 5500001341 94,800.00 93,531.02 06/06/98 04/24/06 95.15 08/01/98 69.7 8.750 1,270.44
236-53 5500001408 126,600.00 126,282.36 06/01/98 04/16/12 167.00 06/29/98 83.2 10.125 1,303.66
236-53 5500001432 42,000.00 41,628.26 06/06/98 04/21/08 119.15 08/01/98 81.0 10.375 520.32
236-53 5500001457 69,000.00 68,876.24 06/06/98 04/03/23 299.15 08/01/98 39.4 8.500 512.83
236-53 5500001465 56,400.00 56,243.66 06/06/98 04/09/18 239.15 08/01/98 44.0 9.000 468.36
236-53 5500001473 22,500.00 22,468.43 06/01/98 04/09/18 239.00 06/29/98 19.0 8.875 185.18
236-53 5500001481 10,900.00 10,885.65 06/01/98 04/09/18 239.00 06/29/98 28.3 9.375 92.96
236-53 5500001499 135,100.00 134,562.28 06/06/98 04/15/13 179.15 08/01/98 72.8 11.251 1,436.94
236-53 5500001523 32,800.00 32,050.57 06/06/98 04/28/03 59.15 08/01/98 68.1 11.750 669.49
236-53 5500001531 27,300.00 27,075.17 06/06/98 04/21/08 119.15 08/01/98 89.9 11.625 356.04
236-53 5500001598 25,100.00 24,895.09 06/06/98 04/21/08 119.15 08/01/98 85.3 11.775 329.34
236-53 5500001622 34,500.00 34,390.49 07/07/98 05/15/13 180.20 09/01/98 79.1 13.625 416.06
236-53 5500001648 45,000.00 45,000.00 07/01/98 05/13/15 204.00 07/01/98 84.0 11.750 471.24
236-53 5500001697 36,200.00 36,057.58 07/07/98 05/15/13 180.20 09/01/98 84.8 11.375 387.65
236-53 5500001705 12,600.00 12,494.72 07/07/98 05/21/08 120.20 09/01/98 83.4 11.375 162.66
236-53 5500001747 21,300.00 21,221.92 07/07/98 05/15/13 180.20 09/01/98 84.1 12.125 237.52
236-53 5500001762 29,300.00 29,300.00 07/01/98 05/21/08 120.00 07/01/98 89.7 10.875 370.58
236-53 5500001770 101,000.00 100,738.09 07/07/98 05/11/16 216.20 09/01/98 64.0 11.500 1,023.84
236-53 5500001788 23,100.00 23,004.78 07/07/98 05/15/13 180.20 09/01/98 62.8 10.875 240.65
236-53 5500001804 42,300.00 42,178.23 07/07/98 05/15/13 180.20 09/01/98 76.3 14.625 536.42
236-53 5500001838 36,200.00 35,413.10 07/07/98 05/28/03 60.20 09/01/98 77.3 13.625 770.80
236-53 5500001853 50,300.00 50,180.01 07/07/98 05/10/17 228.20 09/01/98 78.5 11.125 490.19
236-53 5500001861 39,400.00 39,400.00 07/01/98 05/21/08 120.00 07/01/98 84.2 9.625 473.01
236-53 5500001945 144,700.00 144,600.53 07/07/98 05/03/23 300.20 09/01/98 79.7 14.000 1,607.78
236-53 5500001978 54,100.00 53,928.26 08/06/98 06/15/13 181.15 10/01/98 77.0 13.625 652.43
236-53 5500001986 32,500.00 32,476.83 07/07/98 04/30/25 324.20 09/01/98 75.5 12.375 320.91
236-53 5600000029 21,900.00 21,711.64 06/06/98 04/21/08 119.15 08/01/98 81.1 10.875 276.99
236-53 5600000078 26,300.00 25,674.94 06/06/98 04/28/03 59.15 08/01/98 82.5 10.250 518.67
236-53 5600000086 40,300.00 39,907.64 05/06/98 03/21/12 166.16 08/26/98 59.2 10.625 426.27
236-53 5600000169 84,800.00 84,462.16 06/06/98 04/15/13 179.15 08/01/98 66.7 11.241 901.45
236-53 5600000177 11,000.00 10,992.89 05/06/98 02/28/25 322.16 07/01/98 86.7 12.875 112.48
236-53 5600000631 91,600.00 91,383.75 05/06/98 03/14/18 238.16 07/01/98 79.6 10.250 829.93
236-53 5600001126 11,000.00 10,545.68 05/06/98 03/28/03 58.16 07/29/98 52.4 11.740 224.47
236-53 5600001134 67,300.00 66,821.82 05/06/98 03/21/08 118.16 07/01/98 76.0 14.125 969.04
236-53 5600001142 21,100.00 20,917.21 05/06/98 03/21/08 118.16 07/01/98 42.3 10.750 265.50
236-53 5600001175 43,800.00 43,374.95 05/06/98 03/26/08 118.16 07/01/98 67.3 8.750 506.62
236-53 5600001183 56,400.00 56,326.18 05/06/98 03/03/23 298.16 07/01/98 86.7 10.375 486.88
236-53 5600001191 18,500.00 18,485.17 05/06/98 03/05/25 322.16 07/01/98 88.9 11.775 174.95
236-53 5600001209 77,700.00 77,151.33 05/06/98 03/19/10 142.16 07/01/98 71.9 9.250 826.23
236-53 5600001225 84,400.00 84,222.95 05/06/98 03/14/18 238.16 07/01/98 76.7 11.150 812.04
236-53 5600001233 14,000.00 13,668.34 05/06/98 03/28/03 58.16 07/01/98 80.2 10.375 276.90
236-53 5600001258 98,800.00 98,538.88 05/06/98 03/09/18 238.16 07/01/98 79.7 9.375 842.59
236-53 5600001274 49,100.00 48,724.22 05/06/98 03/21/08 118.16 07/01/98 64.6 12.876 673.28
236-53 5600001282 45,700.00 45,117.68 05/06/98 03/24/06 94.16 07/01/98 78.7 9.875 637.20
236-53 5600001316 69,800.00 69,627.01 05/06/98 03/09/18 238.16 07/01/98 84.6 9.875 616.38
236-53 5600001324 39,700.00 39,358.57 05/06/98 03/21/08 118.16 07/01/98 50.1 10.876 502.14
236-53 5600001357 45,200.00 44,901.95 05/06/98 03/23/11 154.16 07/01/98 75.3 8.375 439.74
236-53 5600001365 13,400.00 13,291.25 05/06/98 03/21/08 118.16 07/01/98 87.6 11.875 176.53
236-53 5600001373 68,600.00 68,388.03 05/06/98 03/10/17 226.16 07/01/98 69.2 9.000 580.54
236-53 5600001381 17,400.00 17,359.76 05/06/98 03/10/17 226.16 07/01/98 86.8 11.375 172.28
236-53 5600001431 37,300.00 36,979.20 05/06/98 03/21/08 118.16 07/01/98 81.1 10.875 471.76
236-53 5600001449 82,700.00 82,610.03 05/06/98 02/27/26 334.16 07/01/98 75.8 9.626 657.18
236-53 5600001456 14,300.00 14,268.37 05/06/98 03/09/18 238.16 07/01/98 79.8 10.750 134.00
236-53 5600001464 83,600.00 83,289.90 05/06/98 03/15/13 178.16 07/01/98 39.8 12.000 926.03
236-53 5600001472 43,900.00 43,723.63 05/06/98 03/15/13 178.16 07/01/98 77.3 11.151 464.37
236-53 5600001548 78,700.00 78,594.77 05/06/98 03/03/23 298.16 07/01/98 69.6 10.250 672.93
236-53 5600001589 50,400.00 50,288.54 05/06/98 03/09/18 238.16 07/01/98 79.3 10.750 472.27
236-53 5600001654 37,200.00 37,090.82 06/06/98 04/03/23 299.15 08/29/98 68.8 8.875 285.21
236-53 5600001670 17,800.00 17,645.81 06/06/98 04/21/08 119.15 08/01/98 75.8 10.750 223.97
236-53 5600001688 56,400.00 56,046.56 05/06/98 03/15/13 178.16 07/29/98 84.1 10.775 584.31
236-53 5600001696 67,000.00 66,277.92 05/06/98 03/23/07 106.16 07/01/98 69.7 9.750 862.19
236-53 5600001720 110,900.00 110,484.55 05/06/98 03/14/14 190.16 07/01/98 73.9 10.500 1,102.62
236-53 5600001738 40,900.00 40,812.49 05/06/98 03/09/18 238.16 07/01/98 53.1 11.000 389.65
236-53 5600001746 44,400.00 44,199.32 05/06/98 03/15/13 178.16 07/01/98 79.2 9.876 437.26
236-53 5600001779 263,200.00 262,922.74 05/06/98 03/03/23 298.16 07/01/98 89.7 11.625 2,491.63
236-53 5600001811 104,400.00 104,187.45 05/06/98 03/09/18 238.16 07/01/98 86.2 11.376 1,019.39
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 36 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 5600001878 RUDE SANDRA M 1514 MEADOW LANE WARSAW IN 46580
236-53 5600001928 HOLTON TIMOTHY J 4429 STOCKHOLM LANE CINCINNATI OH 45244
236-53 5600001951 MCINTOSH STANLEY 4911 LARCHVIEW DRIVE DAYTON OH 45424
236-53 5600001969 SMITH WILLIAM C 207 NW 18TH STREET RICHMOND IN 47374
236-53 5600001993 CLASPY JAMES HUBERT 3016 HUCKSHOLD DRIVE MADISONVILLE KY 42431
236-53 5600002017 DRAKE MILDRED I 864 HENRY STREET MARION OH 43302
236-53 5600002041 DILLMAN DOUGLAS L 4511 STELLHORN ROAD FORT WAYNE IN 46815
236-53 5600002066 SHACKSON JAMES L 27 W BROADWAY STREET WESTERVILLE OH 43081
236-53 5600002082 YURCISIN ROBERT A 67 WREN DRIVE ELIZABETHTOWN KY 42701
236-53 5600002090 JONES LEROY 817 INDUSTRIAL PARK HAGERHILL KY 41222
236-53 5600002108 HUTCHISON MAUREEN K 8 CHILSON LANE MOUNT VERNON OH 43050
236-53 5600002116 JOHNSTON TODD M 115 ASPEN DRIVE MARQUETTE MI 49855
236-53 5600002140 WILLARD JOHN J 3731 N VINCENT PEORIA HEIGHTS IL 61614
236-53 5600002181 MAY STEPHEN R 8230 CASSTOWN FLETCHER ROA FLETCHER OH 45326
236-53 5600002280 THOMPSON ROBERT L 545 STUART AVENUE DECATUR IL 62526
236-53 5600002314 TIPSWORD BONNIE J 2006 HARRISON CHARLESTON IL 61920
236-53 5600002322 STILTNER LARRY B 265 S UNION STREET TROY OH 45373
236-53 5600002397 COOMBS BEVERLY S 50 SCHULTZ COURT CAMBY IN 46113
236-53 5600002439 BYFORD CHRIS W 1009 RUDY AVENUE MATTOON IL 61938
236-53 5600002447 VANMIDDLESWO JAMES F 1721 WEST BARKER AVENUE PEORIA IL 61606
236-53 5600002462 NUNN KENNETH LAMONT SR 1317 WALLACE STREET GARY IN 46404
236-53 5600002488 YETTER THOMAS G 225 PARKWOOD AVENUE PICKERINGTON OH 43147
236-53 5600002512 ELLIS WILLIAM MATHER 17320 LESLIE AVENUE ALLEN PARK MI 48101
236-53 5600002520 LINKOUS SUSAN 242 LAKE HILLS CIRCLE SPRING CITY TN 37381
236-53 5600002561 GABBARD TERRY WAYNE 115 SHERMAN ST AURORA IN 47001
236-53 5600002587 SUDDETH JOHN M 1638 ST THOMAS ROAD GRANITE CITY IL 62040
236-53 5600002611 SCHETTEK RAYMOND F 362 WEST CENTURY ROAD MAPLE CITY MI 49664
236-53 5600002637 DEAN NANCY W 1173 JOHNS ROAD JOELTON TN 37080
236-53 5600002660 BRANTNER JAN E 8308 TIMBER LANE LAFAYETTE IN 47905
236-53 5600002702 WINTEROD LETHA A 84 LAKEVIEW ACRES DR GEORGETOWN OH 45121
236-53 5600002710 BARKER RONALD L 346 STATE STREET WEST BRANCH MI 48661
236-53 5600002728 PARKS PARCHM LAURA ELLEN 737 OMANDALE DRIVE NASHVILLE TN 37204
236-53 5600002744 JUDAY ROLANDA L 21012 STATE ROAD 120 ELKHART IN 46516
236-53 5600002751 OCONNOR SHARON A 95615 WILLOW DRIVE LAWTON MI 49065
236-53 5600002769 GROSS JOHN E 7123 WINDWHISPER BLVD KNOXVILLE TN 37924
236-53 5600002777 BEALE ROBERT CLADORAL 1036 BRICE ROAD REYNOLDSBURG OH 43068
236-53 5600002801 COMER MARVIN 3923 WESS PARK DRIVE CINCINNATI OH 45217
236-53 5600002819 CLARK DAWN M 2595 MEACHEM ROAD BATTLE CREEK MI 49017
236-53 5600002868 ABRAMSON MICHAEL THOMAS 558 LUCRETIA BOONE GROVE IN 46302
236-53 5600002918 HARRIS ALVIN GENE 117 VENETO VILLA SPRINGFIELD IL 62703
236-53 5600002934 MCDANIEL GLEN E 574 LINDNER LANE LENOIR CITY TN 37772
236-53 5600002942 BUSH DANNY R 207 AUTUMN DRIVE GREENSBURG KY 42743
236-53 5600002959 PATERNOSTER DOROTHY A 26423 STRAWBERRY LANE WESTLAKE OH 44145
236-53 5600002975 DIMPFL MARK K 1407 GLENVIEW DRIVE WATERFORD MI 48327
236-53 5600002983 REYNOLDS JAMES W 821 WEST O'CONNOR AVENUE LIMA OH 45801
236-53 5600003023 MYERS SHERRY L 4126 N NINE MILE ROAD PINCONNING MI 48650
236-53 5600003049 MOSELEY GORDON 3216 HIGHLAND STREET MUSKEGON HEIGHTS MI 49444
236-53 5600003056 SPARKS ERNIE E 15 MAPLE DRIVE SPRINGBORO OH 45066
236-53 5600003072 HENSEL JOSEPH MITCHELL 1155 GIBSON ROAD REYNOLDSBURG OH 43068
236-53 5600003080 MILLER JUSTIN D 1111 N HUSHAW AVENUE CHILLICOTHE IL 61523
236-53 5600003122 ALFANO JOYCE M 618 WEST GRANT STREET PITTSFIELD IL 62363
236-53 5600003155 POULOS KENNETH A 21191 KENMORE HARPER WOODS MI 48225
236-53 5600003171 DANIEL EDDIE JR 12015 SUMMERLAND AVENUE CLEVELAND OH 44111
236-53 5600003353 BLOOM DENISE L 443 ATKINSON STREET SPARTA MI 49345
236-53 5600003361 BLOOM DENISE L 443 ATKINSON STREET SPARTA MI 49345
236-53 5600003403 FEHRMAN ANDREW G 11061 PINE GROVE SAGINAW MI 48609
236-53 5600003411 OELRICH MELISSA J 1830 STARK ROAD HARRIS MN 55032
236-53 5600003437 ALLSTOT MARK L 6312 175TH STREET WEST FARMINGTON MN 55024
236-53 5600003445 TREHARNE IRVIN 11633 SHARROTT ROAD NORTH LIMA OH 44452
236-53 5600003510 BEYDOUN JAMAL 7829 WISCONSIN STREET DEARBORN MI 48126
236-53 5600003536 SPRECHER BARBARA 778 WEST MICHIGAN AVENUE ADRIAN MI 49221
236-53 5600003577 CONTI LAWRENCE A 6882 KATAHDIN DRIVE POLAND OH 44514
236-53 5600003593 KLUSZEWSKI RONALD 6073 SOUTH 75TH COURT SUMMIT ARGO IL 60501
236-53 5700000192 SCHMIDT MARY G 2976 SOUTH WABASH STREET DENVER CO 80231
236-53 5700000440 LAPLANTE LARRY L 2350 S MEADE STREET DENVER CO 80219
236-53 5700000689 ROSE JEANNETTE M 3492 G ROAD CLIFTON CO 81520
236-53 5700000705 KORPAN DENNIS J 6710 E IVY ST MESA AZ 85205
236-53 5700000739 SMITH SARAH A 2325 APPALOOSA AVENUE BRIGHTON CO 80601
236-53 5700000754 KARRAS REBECCA 480 SOUTH CHIPPEWA DRIVE CHANDLER AZ 85224
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 36 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 5600001878 12,900.00 12,900.00 06/01/98 04/21/08 119.00 06/01/98 86.2 11.250 165.69
236-53 5600001928 63,000.00 62,725.48 06/06/98 04/15/13 179.15 08/01/98 79.7 10.275 634.66
236-53 5600001951 42,000.00 41,592.42 05/06/98 03/21/08 118.16 07/01/98 51.8 8.750 485.80
236-53 5600001969 22,500.00 22,007.55 05/06/98 03/24/06 94.16 08/26/98 75.3 13.500 354.82
236-53 5600001993 39,500.00 39,293.33 05/06/98 03/18/11 154.16 07/01/98 85.8 11.375 448.51
236-53 5600002017 21,000.00 20,913.42 05/06/98 03/15/13 178.16 07/01/98 79.5 10.875 218.78
236-53 5600002041 54,800.00 54,109.44 06/06/98 04/24/06 95.15 08/01/98 77.1 10.126 770.79
236-53 5600002066 107,400.00 106,407.90 05/06/98 03/21/08 118.16 07/01/98 81.3 9.625 1,289.39
236-53 5600002082 61,800.00 61,680.72 05/06/98 03/09/18 238.16 07/01/98 85.4 11.775 619.14
236-53 5600002090 66,800.00 66,633.57 05/06/98 03/10/17 226.16 07/01/98 77.7 10.775 636.54
236-53 5600002108 31,600.00 31,345.39 05/06/98 03/21/08 118.16 07/01/98 88.3 12.000 418.41
236-53 5600002116 108,400.00 108,284.18 06/06/98 03/31/25 323.15 08/01/98 80.0 10.275 914.46
236-53 5600002140 42,900.00 42,686.16 05/06/98 03/16/12 166.16 07/01/98 79.4 10.250 444.75
236-53 5600002181 51,500.00 51,280.20 06/06/98 04/15/13 179.15 08/01/98 88.0 10.500 525.42
236-53 5600002280 16,300.00 16,168.66 06/06/98 04/21/08 119.15 08/01/98 66.2 12.000 215.83
236-53 5600002314 18,200.00 17,977.16 06/06/98 04/24/06 95.15 08/01/98 81.7 10.776 261.82
236-53 5600002322 43,300.00 43,102.04 06/06/98 04/15/13 179.15 08/01/98 73.3 9.750 423.36
236-53 5600002397 14,300.00 14,161.71 06/06/98 04/23/07 107.15 08/01/98 86.7 11.875 199.46
236-53 5600002439 44,900.00 44,381.68 06/06/98 04/21/08 119.15 08/29/98 74.8 13.500 630.99
236-53 5600002447 48,100.00 47,889.94 06/06/98 04/15/13 179.15 08/01/98 61.6 10.250 483.87
236-53 5600002462 19,700.00 19,672.43 06/06/98 04/09/18 239.15 08/01/98 76.8 14.125 227.76
236-53 5600002488 35,900.00 35,600.05 06/06/98 04/21/08 119.15 08/01/98 76.2 11.375 463.45
236-53 5600002512 50,200.00 50,200.00 06/01/98 04/09/18 239.00 06/01/98 63.1 10.625 466.49
236-53 5600002520 58,600.00 58,498.45 06/01/98 04/10/17 227.00 06/29/98 69.7 8.000 462.17
236-53 5600002561 64,200.00 63,919.62 06/06/98 04/15/13 179.15 08/01/98 64.2 10.250 645.83
236-53 5600002587 32,900.00 32,815.79 06/06/98 04/09/18 239.15 08/01/98 38.7 9.625 285.54
236-53 5600002611 20,300.00 20,227.34 06/06/98 04/15/13 179.15 08/01/98 74.9 12.375 229.40
236-53 5600002637 23,100.00 22,962.15 06/01/98 04/24/06 95.00 06/29/98 85.1 11.251 337.77
236-53 5600002660 68,900.00 68,900.00 06/01/98 04/18/11 155.00 06/01/98 85.7 11.501 787.23
236-53 5600002702 16,300.00 16,300.00 06/01/98 04/23/07 107.00 06/01/98 64.6 10.875 218.98
236-53 5600002710 39,100.00 39,100.00 06/01/98 04/15/13 179.00 06/01/98 82.6 11.491 421.36
236-53 5600002728 84,000.00 83,593.59 06/06/98 04/15/13 179.15 08/01/98 50.6 9.125 792.11
236-53 5600002744 14,700.00 14,664.03 06/06/98 04/14/14 191.15 08/01/98 64.2 14.625 183.26
236-53 5600002751 130,400.00 130,244.37 06/06/98 04/03/23 299.15 08/01/98 86.9 10.910 1,171.85
236-53 5600002769 11,900.00 11,802.01 06/06/98 04/21/08 119.15 08/01/98 88.5 11.625 155.19
236-53 5600002777 20,500.00 20,460.96 06/06/98 04/09/18 239.15 08/01/98 88.7 11.875 206.69
236-53 5600002801 14,600.00 14,600.00 06/01/98 04/03/23 299.00 06/01/98 85.9 11.901 140.95
236-53 5600002819 21,800.00 21,623.06 06/06/98 04/21/08 119.15 08/01/98 84.3 11.875 287.20
236-53 5600002868 85,000.00 84,180.91 06/06/98 04/21/08 119.15 08/01/98 77.2 8.875 988.44
236-53 5600002918 61,700.00 61,184.47 06/06/98 04/21/08 119.15 08/01/98 71.7 11.375 796.52
236-53 5600002934 64,300.00 64,186.53 06/06/98 04/10/17 227.15 08/01/98 79.3 13.501 724.22
236-53 5600002942 25,600.00 25,386.11 06/06/98 04/21/08 119.15 08/01/98 87.0 11.376 330.50
236-53 5600002959 28,500.00 28,468.08 06/06/98 04/03/23 299.15 08/01/98 29.7 11.275 263.07
236-53 5600002975 26,000.00 25,623.63 06/06/98 04/25/05 83.15 08/01/98 56.5 11.475 416.86
236-53 5600002983 32,500.00 32,375.33 06/01/98 04/21/08 119.00 06/29/98 42.2 12.751 443.45
236-53 5600003023 74,000.00 73,859.06 07/07/98 05/09/18 240.20 09/01/98 84.5 11.875 746.11
236-53 5600003049 30,500.00 30,408.53 06/06/98 04/10/17 227.15 08/01/98 76.2 9.250 262.59
236-53 5600003056 66,300.00 66,104.26 06/06/98 04/09/18 239.15 08/01/98 69.7 8.500 531.05
236-53 5600003072 26,300.00 26,201.29 06/06/98 04/15/13 179.15 08/01/98 88.3 11.875 289.37
236-53 5600003080 56,900.00 56,480.34 07/07/98 05/21/08 120.20 09/01/98 79.0 13.500 799.63
236-53 5600003122 80,600.00 80,418.53 06/01/98 04/15/13 179.00 06/29/98 78.6 9.875 793.72
236-53 5600003155 35,500.00 35,500.00 07/01/98 05/21/08 120.00 07/01/98 88.4 10.875 448.99
236-53 5600003171 18,800.00 18,776.43 07/07/98 05/03/23 300.20 09/01/98 79.1 10.625 165.39
236-53 5600003353 67,200.00 67,200.00 07/01/98 05/15/13 180.00 07/01/98 70.0 11.500 724.54
236-53 5600003361 9,600.00 9,600.00 07/01/98 05/15/13 180.00 07/01/98 80.0 13.625 115.77
236-53 5600003403 20,600.00 20,432.80 07/07/98 05/21/08 120.20 09/01/98 85.4 11.875 271.39
236-53 5600003411 13,500.00 13,214.32 07/07/98 05/28/03 60.20 09/01/98 77.0 14.625 293.92
236-53 5600003437 12,945.00 12,852.34 07/07/98 05/21/08 120.20 09/01/98 80.0 14.000 185.49
236-53 5600003445 24,700.00 24,361.67 07/07/98 05/25/05 84.20 09/01/98 55.5 12.900 413.43
236-53 5600003510 23,000.00 23,000.00 07/01/98 05/21/08 120.00 07/01/98 89.3 10.625 287.91
236-53 5600003536 34,700.00 34,426.48 07/07/98 05/21/08 120.20 09/01/98 82.6 12.375 466.43
236-53 5600003577 39,800.00 39,800.00 07/01/98 05/15/13 180.00 07/01/98 72.3 10.525 406.62
236-53 5600003593 69,100.00 68,794.74 07/07/98 05/15/13 180.20 09/01/98 76.3 10.125 690.22
236-53 5700000192 135,500.00 135,341.93 04/06/98 02/07/22 285.14 06/01/98 88.5 11.750 1,303.39
236-53 5700000440 35,500.00 35,252.42 05/06/98 03/20/09 130.16 07/01/98 89.2 11.650 441.37
236-53 5700000689 51,300.00 50,826.13 05/06/98 03/21/08 118.16 07/01/98 36.6 9.625 615.88
236-53 5700000705 30,000.00 29,706.11 05/06/98 03/23/07 106.16 07/01/98 87.2 11.625 414.56
236-53 5700000739 102,600.00 102,464.77 06/06/98 03/30/26 335.15 08/01/98 90.0 8.625 748.10
236-53 5700000754 32,700.00 32,471.59 05/06/98 03/20/09 130.16 07/01/98 87.8 11.625 406.11
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 37 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-53 5700000770 MCKENZIE ELWOOD JR 7003 W PALO VERDE AVE PEORIA AZ 85345
236-53 5700000796 RUDZINSKI HENRY JR 68 WEST VERNON AVENUE PHOENIX AZ 85003
236-53 5700000804 LUCAS ZELDA E 5725 ALTURAS DRIVE COLORADO SPRINGS CO 80911
236-53 5700000820 PORQUIS JESSE J 68 E 81ST PLACE DENVER CO 80221
236-53 5700000846 VESSEY KATHY LOUISE 5351 EAST ANDREW STREET TUCSON AZ 85711
236-53 5700000853 BLACK DWIGHT 404 VIA BALSA RIO RICO AZ 85648
236-53 5700000861 LAMPREY PATRICIA M 7231 EATON CIRCLE ARVADA CO 80003
236-53 5700000879 MALLARD ALBERT K 904 W NATAL AVE MESA AZ 85210
236-53 5700000887 BODDIE NELSON O 5465 ESPANO DRIVE COLORADO SPRINGS CO 80911
236-53 5700000929 KLEINWORTH WESLEY E 1596 N ANGUS PLACE CHINO VALLEY AZ 86323
236-53 5700000945 BRAVO RICHARD A 1331 EAST ROUTT AVENUE PUEBLO CO 81004
236-53 5700000952 GRAY JAMES C JR 5717 E WOODRIDGE DRIVE SCOTTSDALE AZ 85254
236-53 5700000978 HELZER ELWIN L 975 NORTH EVERGREEN DRIVE ORACLE AZ 85623
236-53 5700000986 AVEN THOMAS A 37 CALLE DE PAZ ALAMOGORDO NM 88310
236-53 5700000994 LAGUNAS DEBORAH A 1083 S 10TH AVENUE YUMA AZ 85364
236-53 5700001000 BINGHAM JEROLYN V 4511 WEST WELDON AVENUE PHOENIX AZ 85031
236-53 5700001026 GLOVER LYNNETTA JOYCE 16851 WEST SILVERBELL ROAD MARANA AZ 85653
236-53 5700001034 LEE MIRIAM M 7525 E MINNEZONA AVENUE SCOTTSDALE AZ 85251
236-53 5700001042 ANDERSEN DAVID L 230 ROBBIN AVENUE OVERTON NV 89040
236-53 5700001083 DUNCAN JENNIFER G 603 25TH AVENUE GREELEY CO 80631
236-53 5700001117 RICHARDSON MARIE 1748 WEST 25TH STREET YUMA AZ 85364
236-53 5700001125 DURTSCHI BRENDA B 422 SOUTH 2000 WEST SYRACUSE UT 84075
236-53 5700001174 MCENANY BERNARD 902 EAST 7800 SOUTH MIDVALE UT 84047
236-53 5700001182 PASTORELLI STEPHEN L 1901 APPALOOSA LANE PAHRUMP NV 89048
236-53 5700001190 PROSSER RUTH ANN 2321 DAISY MEADOW LANE NORTH LAS VEGAS NV 89030
236-53 5700001208 SMITH NELOUISE D 412 N HARBIN AVE CARSON CITY NV 89701
236-53 5700001224 LAKEMAN RANDY 2063 SIERRA DRIVE ELKO NV 89801
236-53 5700001257 FOSTER RANDALL R 164 YUMA DR WINSLOW AZ 86047
236-53 5700001273 VARGO AMY L 3465 SANDY LANE LAS VEGAS NV 89115
236-53 5700001372 SANCHEZ WALLACE L 3202 OLIVIA ROAD LAS VEGAS NM 87701
236-53 5700001398 GROSSI JOHN M 2626 NORTH SWAN ROAD TUCSON AZ 85712
236-53 5700001406 DIPALERMO JOHN F 3297 PADILLA WAY SAN JOSE CA 95148
236-53 5700001414 PROVENCIO ANTHONY 1930 S 2ND AVENUE SAFFORD AZ 85546
236-53 5700001539 UPCHURCH ROBERTA M 4035 HOUSTON DRIVE RENO NV 89502
236-53 5700001562 HACK ROGER A 3019 W HAMPSHIRE COURT TUCSON AZ 85742
236-53 5700001570 BARELA PATRICIA 690 VEINTE DRIVE DELTA CO 81416
236-53 5700001588 SHAFFER MICHAEL 1855 S 6TH AVENUE YUMA AZ 85364
236-53 5700001596 AVERETT KEN D 220 SOUTH 1150 EAST SPANISH FORK UT 84660
236-53 5700001604 JOHNSON GEORGE 2581 DAVIS WAY ARCATA CA 95521
------------------------------------------
573 Sale Total
236-54 661644088 IODICE NANCY 50 CORBIN AVENUE SHIRLEY NY 11967
236-54 800421182 DAVID ARTHUR KALIL 14138 LAKE TILDEN BLVD WINTER GARDEN FL 34787
236-54 800560633 DELGADO JORGE E 9698 SOUTH 64TH WAY BOYNTON BEACH FL 33437
236-54 800587339 FONTAINE TIMOTHY L 2339 PEACHTREE CIRCLE ANTIOCH CA 94509
236-54 800595829 YOUNG BELINDA F 4487 SUNCREST DRIVE MEMPHIS TN 38127
236-54 800599482 CLAYTON WILLIAM E 1763 DORRIE LANE MEMPHIS TN 38117
236-54 800601213 PICKENS JAMES 4186 FALCON DRIVE MEMPHIS TN 38109
236-54 800603003 LEWIS FRANK M 6258 SHADY GROVE ROAD MEMPHIS TN 38120
236-54 800606220 BURLISON FRANK D 2105 HILLWOOD DRIVE CENTERVILLE TN 37033
236-54 800614653 HINSON DAVID MILTON 526 PEABODY SQUARE MEMPHIS TN 38104
236-54 800626632 BURLISON FRANK D 113 SOUTH CENTRAL AVENUE CENTERVILLE TN 37033
236-54 800633844 KOONS DANIEL G 4144 FAIRPORT ROAD KITTRELL NC 27544
236-54 800641748 ESTES MARTHA JANE 3048 SUNRISE STREET MEMPHIS TN 38127
236-54 800644429 CALLIS JOHN MACK 6581 DWIGHT ROWLAND ROAD WILLOW SPRING NC 27592
236-54 800648784 SPINOSA DANIEL THOMAS 88 VINE GROVE LANE CORDOVA TN 38018
236-54 800648875 STYERS JAMES L 7397 HOLLYVIEW DRIVE MEMPHIS TN 38125
236-54 800648982 PAYSEUR TIMOTHY R SR 7128 WESTWORTH DRIVE WILLOW SPRING NC 27592
236-54 800653842 JOHNSON FRED L 1543 WILSON STREET MEMPHIS TN 38106
236-54 800660995 ROSS JOSEPH R 353 HAYNES STREET MEMPHIS TN 38111
236-54 800662413 SALISBURY DANIEL L 5000 CRESTWOOD TRAIL LOGANVILLE GA 30249
236-54 800673980 EVANS FRANK T 967 BAL ISLE DRIVE FORT MYERS FL 33919
236-54 800674475 JOHNSON IVEY LEWIS 221 EDGEWATER CLUB ROAD WILMINGTON NC 28405
236-54 800675324 CHRISTIAN PRECIOUS S 1655 SOUTH WELLINGTON MEMPHIS TN 38106
236-54 800681819 ROSS DAVID J 4143 TIDELAND DRIVE BRIDGETON MO 63044
236-54 800682874 KOHLER MICHAEL A 525 DREXEL ROAD FAIRLESS HILLS PA 19030
236-54 800686768 WARD ALVIN O 4025 WILLOWVIEW AVENUE MEMPHIS TN 38111
236-54 800690125 GARRETT THEONIA 2628 FILMORE AVENUE MEMPHIS TN 38114
236-54 800701534 NEWMAN THOMAS P JR 53 MAPLEWOOD AVENUE ALBANY NY 12203
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 37 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-53 5700000770 67,200.00 66,882.13 05/01/98 03/15/13 178.00 06/26/98 80.0 9.375 642.98
236-53 5700000796 95,200.00 94,896.18 05/01/98 03/09/18 238.00 06/26/98 68.9 7.875 728.14
236-53 5700000804 18,987.00 18,863.11 05/06/98 03/19/10 142.16 07/01/98 79.3 10.375 213.23
236-53 5700000820 18,000.00 17,581.90 05/06/98 03/28/03 58.16 07/01/98 71.5 11.125 362.20
236-53 5700000846 62,100.00 61,946.08 06/06/98 04/09/18 239.15 08/01/98 79.6 9.875 548.39
236-53 5700000853 37,700.00 37,550.26 05/06/98 03/16/12 166.16 07/01/98 84.5 12.875 447.88
236-53 5700000861 29,200.00 29,129.93 05/06/98 03/09/18 238.16 07/01/98 60.3 10.125 262.32
236-53 5700000879 35,400.00 35,324.16 05/06/98 03/09/18 238.16 07/01/98 75.6 10.990 337.03
236-53 5700000887 19,100.00 18,947.22 05/06/98 03/21/08 118.16 07/01/98 83.9 12.125 254.18
236-53 5700000929 81,300.00 81,120.20 05/06/98 03/09/18 238.16 07/01/98 70.0 10.750 761.82
236-53 5700000945 75,100.00 74,991.12 05/06/98 03/03/23 298.16 07/01/98 77.0 9.775 618.93
236-53 5700000952 103,100.00 102,827.39 05/06/98 03/03/23 298.16 07/29/98 61.7 8.625 774.30
236-53 5700000978 64,200.00 63,944.46 05/06/98 03/15/13 178.16 07/01/98 62.3 11.250 682.80
236-53 5700000986 34,600.00 34,536.27 06/01/98 04/09/18 239.00 06/29/98 85.5 10.625 321.52
236-53 5700000994 51,850.00 51,821.75 06/06/98 03/27/28 359.15 08/01/98 85.0 11.875 487.69
236-53 5700001000 45,500.00 45,410.09 06/06/98 04/04/22 287.15 08/01/98 68.9 8.500 342.31
236-53 5700001026 99,000.00 98,891.03 06/06/98 04/03/23 299.15 08/01/98 90.0 11.375 920.50
236-53 5700001034 39,648.00 39,564.56 06/06/98 04/09/18 239.15 08/01/98 89.9 11.125 380.84
236-53 5700001042 55,000.00 54,376.85 06/06/98 04/23/07 107.15 08/01/98 68.7 8.751 680.76
236-53 5700001083 31,100.00 31,032.34 06/06/98 04/09/18 239.15 08/01/98 88.8 10.875 293.85
236-53 5700001117 23,400.00 23,376.41 06/06/98 04/03/23 299.15 08/01/98 35.2 11.875 225.49
236-53 5700001125 25,000.00 24,859.13 06/01/98 04/21/08 119.00 06/29/98 57.3 10.875 316.19
236-53 5700001174 90,200.00 90,200.00 07/01/98 04/26/28 360.00 07/01/98 76.4 11.125 800.76
236-53 5700001182 27,304.00 27,191.45 06/06/98 04/15/13 179.15 08/01/98 90.0 10.875 284.45
236-53 5700001190 19,500.00 19,500.00 07/01/98 05/21/08 120.00 07/01/98 90.0 11.375 251.74
236-53 5700001208 123,600.00 122,559.75 07/07/98 05/21/08 120.20 09/01/98 83.5 11.250 1,587.50
236-53 5700001224 95,600.00 95,286.56 06/06/98 04/10/17 227.15 08/01/98 69.7 8.500 781.29
236-53 5700001257 63,750.00 63,496.23 06/06/98 04/15/13 179.15 08/01/98 85.0 11.250 678.02
236-53 5700001273 17,100.00 17,100.00 07/01/98 05/25/05 84.00 07/01/98 69.6 9.875 260.97
236-53 5700001372 32,300.00 32,150.07 07/07/98 05/18/11 156.20 09/01/98 73.5 12.875 394.49
236-53 5700001398 26,600.00 26,490.34 07/07/98 05/15/13 180.20 09/01/98 78.3 10.875 277.12
236-53 5700001406 54,300.00 53,819.39 07/07/98 05/21/08 120.20 09/01/98 71.0 10.375 672.71
236-53 5700001414 12,100.00 12,091.72 07/07/98 04/28/27 348.20 09/01/98 88.6 11.375 110.00
236-53 5700001539 59,600.00 59,052.74 07/07/98 05/23/07 108.20 09/01/98 80.7 12.875 862.55
236-53 5700001562 22,200.00 22,200.00 07/01/98 05/03/23 300.00 07/01/98 78.7 12.500 223.43
236-53 5700001570 24,700.00 24,700.00 07/01/98 05/09/18 240.00 07/01/98 76.8 9.875 218.12
236-53 5700001588 38,900.00 38,593.39 07/07/98 05/21/08 120.20 09/01/98 81.6 12.375 522.88
236-53 5700001596 66,100.00 66,100.00 07/01/98 05/11/16 216.00 07/01/98 85.9 10.275 620.82
236-53 5700001604 56,400.00 56,133.20 07/07/98 05/15/13 180.20 09/01/98 53.7 9.375 539.65
---------- ------------- ------------- ------ ----------------------------
573 30,729,243.00 30,587,675.44 205.66 75.2 10.747 326,570.45
236-54 661644088 23,900.00 23,385.33 05/14/98 04/14/08 118.42 07/14/98 69.2 10.751 325.86
236-54 800421182 73,500.00 72,783.58 12/19/97 11/19/17 233.62 06/19/98 89.8 11.600 788.90
236-54 800560633 21,165.00 21,073.30 04/20/98 03/20/13 177.60 06/20/98 85.0 9.800 224.86
236-54 800587339 136,500.00 135,500.02 04/01/98 03/01/13 177.00 07/01/98 75.0 12.500 1,682.39
236-54 800595829 25,000.00 25,000.00 05/07/98 04/07/08 118.19 05/07/98 65.7 9.650 325.56
236-54 800599482 54,900.00 54,852.32 04/23/98 03/23/18 237.70 06/23/98 90.0 10.150 535.27
236-54 800601213 30,370.00 30,164.34 05/01/98 04/01/13 178.00 07/01/98 60.7 8.850 305.33
236-54 800603003 204,000.00 204,000.00 05/03/98 04/03/13 178.06 06/03/98 61.8 10.700 2,280.38
236-54 800606220 106,400.00 106,366.73 04/13/98 03/13/13 177.37 05/13/98 80.0 11.600 1,061.80
236-54 800614653 57,800.00 57,138.57 05/03/98 04/03/08 118.06 07/03/98 85.0 9.250 740.03
236-54 800626632 39,200.00 39,186.77 04/18/98 03/18/13 177.53 05/18/98 70.0 11.250 380.73
236-54 800633844 60,400.00 60,400.00 06/13/98 05/13/13 179.38 06/13/98 80.0 8.450 593.01
236-54 800641748 18,750.00 18,622.42 04/02/98 03/02/13 177.01 07/02/98 53.5 10.850 211.35
236-54 800644429 72,000.00 71,860.75 05/01/98 04/01/18 238.00 06/01/98 61.5 7.300 571.25
236-54 800648784 65,105.00 65,105.00 05/15/98 04/15/13 178.45 06/15/98 79.5 12.100 785.57
236-54 800648875 126,000.00 126,000.00 06/04/98 05/04/18 239.08 06/04/98 90.0 9.900 1,207.59
236-54 800648982 18,280.00 18,200.45 05/15/98 04/25/08 118.45 06/25/98 77.8 12.550 268.11
236-54 800653842 32,300.00 32,212.41 05/13/98 04/13/13 178.39 06/13/98 85.0 10.500 357.05
236-54 800660995 108,800.00 108,800.00 06/06/98 05/06/18 239.15 06/06/98 85.0 11.350 1,149.05
236-54 800662413 72,000.00 71,732.42 04/18/98 03/18/13 177.53 06/18/98 70.5 8.400 704.80
236-54 800673980 74,490.00 72,856.73 04/27/98 03/27/08 117.83 07/27/98 28.6 8.150 909.68
236-54 800674475 107,100.00 107,100.00 06/22/98 05/22/28 359.67 06/22/98 90.0 10.650 991.72
236-54 800675324 23,000.00 22,940.75 05/14/98 04/14/13 178.42 06/14/98 47.9 8.700 229.20
236-54 800681819 61,467.00 61,233.45 05/01/98 04/01/18 238.00 07/01/98 69.4 8.000 514.13
236-54 800682874 58,500.00 58,435.35 05/06/98 04/06/13 178.16 06/06/98 89.9 10.150 634.02
236-54 800686768 41,600.00 41,600.00 06/01/98 05/01/13 179.00 06/01/98 80.0 8.750 415.78
236-54 800690125 27,195.00 27,195.00 05/13/98 04/13/08 118.39 05/13/98 54.3 11.500 382.35
236-54 800701534 58,200.00 57,872.38 05/01/98 04/01/13 178.00 07/01/98 78.6 8.250 564.62
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 38 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
236-54 800702219 ODOM OLIVIA S 2218 BUENA VISTA NASHVILLE TN 37218
236-54 800708901 PETOT ROLAND SR 210 QUINDARO DRIVE FLORISSANT MO 63034
236-54 800710246 SMITH AUDREY L 111 CORAL TERRACE BALLWIN MO 63011
236-54 800711236 HONDROS CHRIS 220 OAKRIDGE AVENUE FAYETTEVILLE NC 28305
236-54 800719932 KING ROBERT E 29825 43RD AVENUE SOUTH AUBURN WA 98001
236-54 800720872 EDWARDS DAVID L 2444 HARVARD AVENUE FORT MYERS FL 33907
236-54 800721557 BAUER DONNA M 8985 MIDLAND BOULEVARD OVERLAND MO 63114
236-54 800724981 KIMBALL BOBBIE JOE 2628 SIMONTON STREET COVINGTON TN 38019
236-54 800734246 WOOD RICHARD T 2198 CLAUDE COURT PORT CHARLOTTE FL 33952
236-54 800741639 GALES GARDNER 7576 MARTIN ROAD MILLINGTON TN 38053
236-54 800747255 KENES JAMES E 401 EAST LAKE DRIVE SARASOTA FL 34232
236-54 800752180 INGRAM JAMES F 749 MARTIN ROAD STONE MOUNTAIN GA 30088
236-54 800752214 TOWNS WILLIAM C 4781 LINCOLN DRIVE KENNESAW GA 30144
236-54 800753410 HUCKABY JOHN W 710 BOTHWELL PLACE MARIETTA GA 30062
236-54 800753741 MITCHELL DANIEL E 18132 BENT RIDGE DRIVE GLENCOE MO 63038
236-54 800758955 DICKENSON VIRGINIA M 2684 CHATHAM DRIVE MARYLAND HEIGHTS MO 63043
236-54 800766420 HIGNUTT GEORGE B 11 MILL RACE PLACE GLEN MILLS PA 19342
236-54 800769820 SHEEHY MICHAEL JOHN 375 ELDEN DRIVE ATLANTA GA 30342
236-54 800770240 MASCHING ROSEANNA 6156 ANSDELL WAY SAN JOSE CA 95123
236-54 800772832 GALINIS ROGER A 1880 MEADOW CHASE COURT SNELLVILLE GA 30278
236-54 800777708 ZATYKO DANIEL JOHN 5001 KINDERSTON DRIVE HOLLY SPRINGS NC 27540
236-54 800782013 CLIVE SANDRA F 601 BOYD MILL AVENUE FRANKLIN TN 37064
236-54 800783433 HOPKINS RANDY B 3916 PALM VIEW ROAD PALMETTO FL 34221
236-54 800790867 AUSBORN WILLIAM H 531 MARY ERNA DRIVE FAIRBURN GA 30213
236-54 800807950 MATHIS VIRGINIA 478 CHINQUAPIN ROAD CANTON NC 28716
236-54 800815706 ROBINSON STEPHEN ROSS 4966 WADE VALLEY WAY CUMMING GA 30040
236-54 800830549 BRAME, SIDNEY BROOKS 244 HORSESHOE ROAD HENDERSON NC 27536
236-54 800858334 FINK LAURA F 1040 MCCOY ROAD MCKEES ROCKS PA 15136
236-54 5200000395 CHILDS D.B. 527 SE 23RD AVENUE CAPE CORAL FL 33990
236-54 5700001166 TUTTLE BARBARA JUNE 585 SAINT LAWRENCE AVENUE RENO NV 89509
------------------------------------------
58 Sale Total
2,573 Grand Total Class I
</TABLE>
<TABLE>
<CAPTION>
ALLIANCE FUNDING Sale Schedule - Class I
A division of Superior Bank FSB 1998-2 Class I - Initial Pool of Fixed Rate Mortgages - Settlement 6/25/98 Page 38 7/9/98
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Pool ID Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
236-54 800702219 54,000.00 54,000.00 05/20/98 04/20/28 358.62 05/20/98 90.0 11.850 549.23
236-54 800708901 55,572.00 55,459.61 05/13/98 04/13/18 238.39 06/13/98 31.2 9.600 521.64
236-54 800710246 19,537.00 19,279.16 05/01/98 04/01/08 118.00 07/01/98 16.1 8.500 242.23
236-54 800711236 43,500.00 43,293.39 06/04/98 05/04/13 179.08 07/04/98 32.7 7.500 403.25
236-54 800719932 38,000.00 37,902.87 05/08/98 04/08/13 178.22 06/08/98 82.3 12.350 464.66
236-54 800720872 23,700.00 23,668.95 05/21/98 04/21/13 178.65 06/21/98 89.9 10.900 267.89
236-54 800721557 31,500.00 31,500.00 06/11/98 05/11/18 239.31 06/11/98 70.0 8.500 273.36
236-54 800724981 70,400.00 70,400.00 07/01/98 06/01/13 180.00 07/01/98 80.0 8.750 703.61
236-54 800734246 51,383.00 51,383.00 05/06/98 04/06/18 238.16 06/06/98 85.6 11.850 560.41
236-54 800741639 36,000.00 35,851.86 05/03/98 04/03/08 118.06 06/03/98 70.5 12.150 519.63
236-54 800747255 12,551.00 12,551.00 06/01/98 05/01/13 179.00 06/01/98 64.9 10.100 135.64
236-54 800752180 68,750.00 68,633.31 05/24/98 04/24/13 178.75 06/24/98 80.8 11.100 785.73
236-54 800752214 42,000.00 41,801.92 05/21/98 04/21/13 178.65 06/21/98 68.8 9.350 434.78
236-54 800753410 34,500.00 34,500.00 05/28/98 04/28/13 178.88 05/28/98 56.5 9.000 349.92
236-54 800753741 19,000.00 19,000.00 06/11/98 05/11/08 119.31 06/11/98 71.7 10.250 253.72
236-54 800758955 38,000.00 38,000.00 06/07/98 05/07/18 239.18 06/07/98 55.0 10.100 369.23
236-54 800766420 33,500.00 33,500.00 06/20/98 05/20/13 179.61 06/20/98 88.0 11.100 382.87
236-54 800769820 36,800.00 36,608.64 06/01/98 05/01/13 179.00 07/01/98 84.0 8.750 367.80
236-54 800770240 66,000.00 66,000.00 06/01/98 05/01/23 299.00 06/01/98 89.0 11.375 664.85
236-54 800772832 36,800.00 36,800.00 06/01/98 05/01/13 179.00 06/01/98 84.2 8.750 367.80
236-54 800777708 25,000.00 25,000.00 06/26/98 05/26/13 179.80 06/26/98 88.1 9.500 261.06
236-54 800782013 40,000.00 40,000.00 07/01/98 06/01/18 240.00 07/01/98 80.0 9.250 366.35
236-54 800783433 16,848.00 16,848.00 06/18/98 05/18/13 179.54 06/18/98 86.9 10.900 190.44
236-54 800790867 61,500.00 61,379.46 06/01/98 05/01/28 359.00 07/01/98 76.8 8.900 490.42
236-54 800807950 64,000.00 64,000.00 06/11/98 05/11/13 179.31 06/11/98 80.0 10.700 595.02
236-54 800815706 126,273.00 126,273.00 06/26/98 05/26/28 359.80 06/26/98 85.9 11.250 1,226.44
236-54 800830549 62,000.00 62,000.00 06/27/98 05/27/18 239.84 06/27/98 89.8 9.700 586.04
236-54 800858334 65,600.00 65,600.00 07/01/98 06/01/28 360.00 07/01/98 80.0 9.250 539.67
236-54 5200000395 78,100.00 78,100.00 06/26/98 05/26/18 239.80 06/26/98 78.1 11.000 806.14
236-54 5700001166 62,000.00 62,000.00 06/01/98 05/01/18 239.00 06/01/98 89.8 11.275 651.60
---------- -------------- -------------- ------ -------------- ------------
3,210,736.00 3,202,952.24 215.84 75.6 10.226 33,471.82
168,835,305.00 168,503,688.56 237.23 77.3 10.593 1,675,573.67
</TABLE>
<PAGE>
EXHIBIT H-2
MORTGAGE LOAN SCHEDULE FOR GROUP 2
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 1 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 180032153 SUAREZ WILLY MARK 3037 FERNCREST DR YORKTOWN HEIGHTS NY 10598
322-01 180062259 BROWN RALPH ELMER JR 401 HUNT CT GOOSE CREEK SC 29445
322-01 180063539 GOLDBERG MARK L 3401 LANDSTOWN CT VIRGINIA BEACH VA 23456
322-01 180074262 EVANS LORRAINE 11 EDITH COURT WEST BABYLON NY 11704
322-01 800133472 QUILES JOSE 24 MAPLE AVENUE GARFIELD NJ 07501
322-01 800244618 ANGERS MARC D 175 GARDEN STREET WETHERSFIELD CT 06109
322-01 800293060 OLSEN MICHELLE C 5522 SOUTH 3975 WEST ROY UT 84067
322-01 800365926 GUASTAMACCHI CATHERINE 9 OAK STREET STATEN ISLAND NY 10305
322-01 800404857 DE VARONA SILVER STARR 37965 S JACY TRAIL MARANA AZ 85653
322-01 800415812 NIEVES JANET 19124 COCONUT ROAD FORT MYERS FL 33912
322-01 800421141 ROBERTS ERIC S 51 ACADIA DRIVE VOORHEES NJ 08043
322-01 800433435 KAUFMANN VINCENT D 1924 WEBBER STREET SARASOTA FL 34239
322-01 800437022 WOODHEAD ROGER 3 MATTISON AVENUE BRANCHVILLE NJ 07826
322-01 800479727 JAIKARAN JALAKRAM 104-34 164TH PLACE JAMAICA NY 11419
322-01 800482168 COLLINS LAMONT D LOT 9 MARTHA DRIVE BLAKESLEE PA 18610
322-01 800487860 RONDAO LOUIE 336-338 BENHAM AVENUE BRIDGEPORT CT 06604
322-01 800488058 ENGLERT RICHARD 449 CENTRAL AVENUE BRICK NJ 08723
322-01 800495665 SIMMONDS JOHN LEE JR 3900 ROXANE BLVD UNIT 9A SARASOTA FL 34235
322-01 800517252 MORRIS THOMAS GREAT BEAR RD RR#2 BOX 163 HOLMES NY 12531
322-01 800521346 CURLEY EDWARD 30 ROSWELL AVENUE STATEN ISLAND NY 10314
322-01 800521478 MEYERS GLEN 115 SMITH PLACE STATEN ISLAND NY 10302
322-01 800538118 PERKINS EUGENE P JR 29 LESTER STREET ANSONIA CT 06401
322-01 800553679 MILLER DON 4052 W WHISPERING WIND DR GLENDALE AZ 85310
322-01 800555112 WHITE DERRICK 3800 LINCOLN STREET GARY IN 46408
322-01 800565384 TEMPLETON DERIAN W. 631 MIDDLEGATE CT MARIETTA GA 30120
322-01 800577512 HORNBY JOHN B 7 MCCURDY ROAD OLD LYME CT 06371
322-01 800600058 BLADES OVIDA 1124 PROSPECT PLACE BROOKLYN NY 11213
322-01 800600439 FLYNN CHERYL ANN 3 HADLEY DRIVE WYANDANCH NY 11798
322-01 800600645 ARMSTRONG STEPHEN 413 MT KEMBLE AVENUE MORRIS TOWNSHIP NJ 07950
322-01 800601577 ATHEY JAMES A 15 CREEK LANE MANTUA NJ 08051
322-01 800613457 FERNANDEZ NICETA 195 EGE AVENUE JERSEY CITY NJ 07304
322-01 800617755 FIORENZA CARLO RD1 BX 1490C MEXIELL VALLE SAYLORSBURG PA 18353
322-01 800623332 CALDERON LISA 310 KINDERKAMACK ROAD RIVER EDGE NJ 07661
322-01 800624074 TAMILY HENRY 215 GARDNER ROAD RIDGEWOOD NJ 07450
322-01 800626541 SMITH SCOTT 2519 STEFFIN HILL BEAVER FALLS PA 15010
322-01 800632168 DUBE JANET C 7858 SADDLE CREEK TRAIL SARASOTA FL 34241
322-01 800637563 SHAFER DAWN M 28 SNIPER ROAD SANDY CREEK NY 13145
322-01 800638785 AVERSA JOSEPH NINO 567 GRANT TERRACE TEANECK NJ 07666
322-01 800643561 BAYER JEFFERY A 8930 BAY LANE GAINESVILLE GA 30506
322-01 800645194 CALLE DORIS C 401 9TH AVENUE PATERSON NJ 07501
322-01 800650533 SCUDERA DENNIS 39 MILDRED AVENUE STATEN ISLAND NY 10314
322-01 800654048 WHEELER MARK 5344 E ACOMA DRIVE PHOENIX AZ 85254
322-01 800654550 OTT TODD 231 PARKWOOD AVENUE DAYTON OH 45405
322-01 800654972 KAZERSKI KENNETH C JR 22033 GORDON ST CLAIR SHORES MI 48081
322-01 800658775 ST HILL MICHAEL 705 CANDEWOOD ESTATE BLAKESLEE PA 18330
322-01 800662595 KILLMER GEORGE H 9215 LAKE STEILACOOM PT RD TACOMA WA 98498
322-01 800664013 STEPHENSON RICHARD G 29 SHEPHERD STREET RALEIGH NC 27607
322-01 800664815 HOOPER GILBERT B 46577 AARONS WAY CANTON MI 48188
322-01 800666653 CASH DOUGLAS P 132 LANDRY AVENUE NORTH ATTLEBORO MA 02703
322-01 800668030 VICKERY ETHEL 1130 SHOMAN RD WATERFORD MI 48327
322-01 800668048 BLAKENEY JAMES L 6301 HIDDEN FORREST DRIVE CHARLOTTE NC 28213
322-01 800668188 BARTELSON TOBY R 340 GRAND BLVD LOVES PARK IL 61111
322-01 800668972 DAVIS BETH A 394 INDIAN AVENUE BRIDGEPORT CT 06606
322-01 800669293 MARTIN FRANK 202 BROOKWOOD WHITE OAK TX 75693
322-01 800669426 ADLE MICHAEL C JR 9990 ARTESIAN DETROIT MI 48270
322-01 800671109 ROMERO JOHNNY J 3441 WEST EDGEMOORE PLACE ENGLEWOOD CO 80110
322-01 800671729 ANGLETON ULRICH OTIS 114 OAKVIEW DRIVE MOORESVILLE IN 46158
322-01 800672172 MURPHY THOMAS P 3620 EGGERT ROAD ORCHARD PARK NY 14127
322-01 800672461 HAWTER STEPHEN MICHAEL II 36 MOUNTAIN BROOKE DRIVE CARROLLTON GA 30116
322-01 800672552 JACKSON HOWARD 11501 HAZELDELL DRIVE CLEVELAND OH 44108
322-01 800672669 MCCOLLUM DARRELL L 3802 COMMON ROAD WARREN MI 48092
322-01 800672685 JANTON MARK W 431 ROCKAWAY STREET BOONTON NJ 07005
322-01 800672859 PRICE GLYN 24308 BRUCE ROAD BAY VILLAGE OH 44140
322-01 800673618 WOLFE EUGENE S 212 W SOUTHEY AVENUE ALTOONA PA 16602
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 1 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 180032153 248,000.00 245,987.06 12/01/96 11/01/26 9.125 9.125 15.125 5.500
322-01 180062259 79,200.00 78,392.56 02/01/97 01/01/27 8.625 7.625 14.625 4.500
322-01 180063539 72,000.00 71,466.43 03/01/97 02/01/27 9.750 8.750 15.750 5.250
322-01 180074262 206,000.00 204,440.39 03/01/97 02/01/27 9.750 8.750 15.750 5.500
322-01 800133472 180,000.00 179,032.31 04/01/97 03/01/27 10.250 10.250 16.250 7.250
322-01 800244618 152,500.00 151,904.43 09/01/97 08/01/27 10.250 9.250 16.250 5.750
322-01 800293060 93,600.00 93,309.07 10/01/97 09/01/27 10.750 9.750 16.750 6.500
322-01 800365926 121,500.00 121,171.07 11/01/97 10/01/27 10.750 9.750 16.750 6.050
322-01 800404857 44,525.00 44,430.14 12/01/97 11/01/27 11.125 10.125 17.125 6.750
322-01 800415812 64,400.00 64,286.62 01/01/98 12/01/27 12.000 11.000 18.000 6.250
322-01 800421141 150,750.00 150,330.54 12/01/97 11/01/27 9.875 8.875 15.875 6.250
322-01 800433435 103,500.00 103,212.00 12/01/97 11/01/27 9.875 8.875 15.875 7.125
322-01 800437022 92,000.00 91,801.90 02/01/98 01/01/28 9.125 8.125 15.125 5.500
322-01 800479727 119,700.00 119,444.72 01/01/98 12/01/27 10.250 10.250 16.250 7.300
322-01 800482168 143,225.00 142,620.93 07/01/97 06/01/27 10.875 9.875 16.875 7.250
322-01 800487860 105,400.00 105,259.51 02/01/98 01/01/28 11.375 11.375 17.375 8.150
322-01 800488058 55,000.00 50,849.17 03/01/98 02/01/28 9.875 8.875 15.875 6.000
322-01 800495665 20,000.00 19,931.29 12/01/97 11/01/27 9.625 8.625 15.625 5.500
322-01 800517252 159,750.00 159,572.80 03/01/98 02/01/28 10.875 9.875 16.875 6.250
322-01 800521346 132,000.00 131,918.27 03/01/98 02/01/28 13.500 12.500 19.500 9.400
322-01 800521478 147,870.00 147,510.07 02/01/98 01/01/28 9.625 9.625 15.625 6.950
322-01 800538118 121,500.00 121,365.23 03/01/98 02/01/28 10.875 9.875 16.875 7.300
322-01 800553679 68,000.00 67,864.58 02/01/98 01/01/28 9.500 8.500 15.500 5.850
322-01 800555112 54,700.00 54,663.89 04/01/98 03/01/28 11.375 10.375 17.375 6.500
322-01 800565384 86,700.00 86,673.54 06/01/98 05/01/28 11.625 11.625 17.625 8.125
322-01 800577512 511,000.00 509,951.51 02/01/98 01/01/28 9.625 8.625 15.625 6.000
322-01 800600058 138,000.00 137,836.47 04/01/98 03/01/28 8.625 7.625 14.625 6.050
322-01 800600439 151,200.00 151,108.09 04/01/98 03/01/28 11.750 11.750 17.750 8.750
322-01 800600645 120,000.00 119,961.65 05/01/98 04/01/28 11.500 10.500 17.500 7.550
322-01 800601577 168,000.00 167,865.99 04/01/98 03/01/28 12.375 11.375 18.375 9.400
322-01 800613457 52,000.00 51,986.69 05/01/98 04/01/28 12.500 12.500 18.500 9.500
322-01 800617755 80,000.00 79,930.64 04/01/98 03/01/28 12.000 11.000 18.000 8.550
322-01 800623332 200,000.00 199,878.84 05/01/98 04/01/28 8.500 7.500 14.500 5.375
322-01 800624074 270,000.00 269,772.59 05/01/98 04/01/28 10.250 9.250 16.250 6.900
322-01 800626541 68,000.00 68,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800632168 368,000.00 367,828.31 05/01/98 04/01/28 9.750 8.750 15.750 6.375
322-01 800637563 36,000.00 35,980.99 05/01/98 04/01/28 9.125 8.125 15.125 6.050
322-01 800638785 85,000.00 84,926.47 04/01/98 03/01/28 10.125 10.125 16.125 6.900
322-01 800643561 255,000.00 254,754.70 05/01/98 04/01/28 9.625 8.625 15.625 6.750
322-01 800645194 103,500.00 103,408.04 04/01/98 03/01/28 10.000 9.000 16.000 6.550
322-01 800650533 210,600.00 210,516.31 05/01/98 04/01/28 10.500 9.500 16.500 7.300
322-01 800654048 139,500.00 139,302.44 04/01/98 03/01/28 9.750 8.750 15.750 6.550
322-01 800654550 58,500.00 58,500.00 07/01/98 06/01/28 10.125 9.125 16.125 6.250
322-01 800654972 85,000.00 84,952.35 06/01/98 05/01/28 8.875 7.875 14.875 5.500
322-01 800658775 162,400.00 162,400.00 07/01/98 06/01/28 12.875 11.875 18.875 9.000
322-01 800662595 272,800.00 272,629.56 05/01/98 04/01/28 11.625 10.625 17.625 8.250
322-01 800664013 278,600.00 278,426.84 05/01/98 04/01/28 8.375 7.375 14.375 5.000
322-01 800664815 175,400.00 175,320.32 05/01/98 04/01/28 9.875 8.875 15.875 6.800
322-01 800666653 267,750.00 267,651.89 06/01/98 05/01/28 10.875 9.875 16.875 6.750
322-01 800668030 70,000.00 69,939.73 05/01/98 04/01/28 6.750 6.750 12.750 3.500
322-01 800668048 80,100.00 80,061.63 05/06/98 04/06/28 9.625 8.625 15.625 6.000
322-01 800668188 41,600.00 41,600.00 06/01/98 05/01/28 11.375 10.375 17.375 7.375
322-01 800668972 65,800.00 65,800.00 07/01/98 06/01/28 11.750 10.750 17.750 7.750
322-01 800669293 119,700.00 119,565.30 05/01/98 04/01/28 8.875 7.875 14.875 6.500
322-01 800669426 37,000.00 36,986.07 05/01/98 04/01/28 10.750 9.750 16.750 7.000
322-01 800671109 109,800.00 109,694.38 05/01/98 04/01/28 9.625 8.625 15.625 6.250
322-01 800671729 188,500.00 188,404.81 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-01 800672172 46,800.00 46,765.56 04/01/98 03/01/28 10.875 9.875 16.875 5.950
322-01 800672461 180,000.00 179,942.47 05/01/98 04/01/28 11.500 10.500 17.500 7.900
322-01 800672552 52,000.00 51,972.48 05/01/98 04/01/28 12.375 11.375 18.375 8.250
322-01 800672669 80,500.00 80,435.74 05/01/98 04/01/28 10.500 9.500 16.500 6.375
322-01 800672685 200,000.00 199,899.00 05/01/98 04/01/28 9.375 8.375 15.375 6.700
322-01 800672859 149,400.00 149,309.49 05/01/98 04/01/28 8.500 8.500 14.500 5.500
322-01 800673618 92,300.00 92,250.88 05/01/98 04/01/28 9.125 8.125 15.125 5.500
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 2 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800674483 JUSTICE ROOSEVELT 5733 CHESTER AVENUE PHILADELPHIA PA 19143
322-01 800683658 BARTON RICKY 898 SOUTH 17TH STREET NEWARK NJ 07101
322-01 800686925 CECIL ANGELA 9681 SPIKER ROAD PIQUA OH 45356
322-01 800688590 MANGEN MICHAEL J. 8109 LAKE DR LINO LAKES MN 55014
322-01 800697419 LILES BOBARA E 11309 INDIAN WELLS LANE MITCHELLVILLE MD 20721
322-01 800705303 COEN MICHAEL K 10648 ADAM COURT FISHERS IN 46038
322-01 800712499 PROCTOR JAMES R 1420 5TH STREET LANHAM MD 20706
322-01 800714545 SWEET WILLIAM 15569 CLEVELAND ALLEN PARK MI 48101
322-01 800714958 LLOYD BRIAN R. 16461 SEAMOUR RD ARGINTINE TWP MI 48386
322-01 800714974 STEPHEN MARTIN SR 1337 ANDANTE DRIVE FT WORTH TX 76134
322-01 800715138 SMOKE DENISE 19750 ROSIN CLINTON TWP MI 48038
322-01 800715146 CARCILLI EDWIN A 607 LAFAYETTE BOULEVARD BRIGANTINE NJ 08203
322-01 800715393 SCHEIBE HENRY J 12805 SW BARBERRY DRIVE BEAVERTON OR 97005
322-01 800715401 SARMIENTA PHILLIP JR 1278 NORTH 380 EAST TOOELE UT 84014
322-01 800715849 WARD ROBERT T 20 LAUREL MOUNTAIN ROAD WARREN CT 06754
322-01 800716607 ROBERTSON MICHAEL A 5850 SOUTH STATE RD 267 LEBANON IN 46052
322-01 800716813 KRITSONIS NORMA JEAN 3196 NORTH MT LOMOND DRIVE NORTH OGDEN UT 84414
322-01 800716847 MENSCH JOHN A 291 GROVANIA ROAD BLOOMSBURG PA 17815
322-01 800717001 FOLGER JOHN 70 LAUREL STREET ENFIELD CT 06082
322-01 800717159 FREEMAN CHARLES 8017 SOUTH PEORIA CHICAGO IL 60620
322-01 800717357 BARCLAY GARY W 16361 SUDBURY COURT MACOMB TWP MI 48044
322-01 800717662 WINEMAN RICHARD M. 555 GOLDEN GATE WEST DETROIT MI 48213
322-01 800717795 PARRILLA ORLANDO RAYMOND 2907 GOMER AVENUE COLORADO SPRINGS CO 80910
322-01 800718272 LUTZ LEONARD LOT 2 SUNNYSIDE ROAD BLAKESLEE PA 18610
322-01 800719106 OSLEY PHILLIP 1211 SHOGUN DRIVE EFFORT PA 18330
322-01 800719247 CHOI WALTER K II 673 TRUMBULL LANE MONUMENT CO 80132
322-01 800719395 GARSTECKI PAUL J 206 YODER AVENUE MT PLEASANT PA 15666
322-01 800719569 BOUCHALHOUB ALLEN B 1361 JONAS COURT EFFORT PA 18330
322-01 800720088 WILLIAMS R STEPHEN 2760 MCDONALD ROAD LANCASTER OH 43130
322-01 800720302 THOMPKINS GLORIA J 8265 FORREST AVENUE PHILADELPHIA PA 19150
322-01 800720369 EVANS MITCHE STEPHANIE A 233 OLIVER GUESSFORD ROAD TOWNSEND DE 19734
322-01 800720435 BRELOFF JEFFREY N 198 WINDERMERE ROAD LOCKPORT NY 14094
322-01 800720484 BURKE BRYAN C 33552 ALTA GARDEN CITY MI 48135
322-01 800720906 BLAYLOCK MARK D 2254 HARTFORD WATERFORD MI 48327
322-01 800720914 LANGENDORFER ROBERT T 4860 WEBSTER ROAD FREDONIA NY 14063
322-01 800720963 VOORHEIS JAMES K JR 131 NORTH AVERY WATERFORD MI 48328
322-01 800721243 PERKINSON ROBERT 4711 HAZEL AVENUE PHILADELPHIA PA 19143
322-01 800721342 PRESTI SALVATORE J 85 RIVER STREET EAST PROVIDENCE RI 02914
322-01 800721458 JACKSON SARA 303 OAK ST GAFFNEY SC 29340
322-01 800721573 BELLAMY ELEANOR M 6301 PARK HEIGHTS AVENUE BALTIMORE MD 21215
322-01 800721888 EPIFANIO CRAIG A 6500 HOBSON ST NORTHEAST ST PETERSBURG FL 33702
322-01 800722068 SCHULTZ DENNIS A 1531 COUNTY ROAD 151 IDAHO SPRINGS CO 80452
322-01 800722555 AODISH FATIN 47401 CIRCLE CREST SHELBY TWP. MI 48315
322-01 800722795 WILSON JAMES A 1315 SALEM STREET FORT COLLINS CO 80525
322-01 800723967 PETCHELL STEVEN T 2327 LANNEN ROAD HOWELL MI 48843
322-01 800724122 MORGAN PATRICIA D 3935 ROLLING PLACE CONLEY GA 30027
322-01 800724478 WALSH JOHN F 14 OAK MANOR DRIVE MILFORD PA 18337
322-01 800724825 JEHN DEBORAH E 22424 MANOR ST CLAIR SHORE MI 48081
322-01 800724866 RUIZ PEDRO 308 27TH STREET UNION CITY NJ 07087
322-01 800725343 VENKATACHARI SRIDHAR 5732 BEAUCHAMP PLACE WEST BLOOMFIELD MI 48322
322-01 800725368 ROSEBERRY ERNESTINE 421 PLAINVILLE DRIVE ATLANTA GA 30331
322-01 800725400 KONCHALSKI RONALD 12 CRAESCOT WAY MAHOPAC NY 10541
322-01 800725533 AGWU ELEANYA 450 ALLGOOD CIRCLE STONE MOUNTAIN GA 30083
322-01 800725558 SAXTON KEITH 2425 HARWOOD ROYAL OAK MI 48067
322-01 800725624 BALDWIN JULIE 7101 KINGDOM ROAD VAN BUREN NY 13112
322-01 800725715 MOON MADISON N 2754 WATERDALE DRIVE LOVELAND CO 80538
322-01 800725830 DESHEA DAVID WAYNE 5845 BRENTWOOD STREET ARVADA CO 80004
322-01 800726044 BASTIAN WILLIAM A 111 WEST PROVIDENCE ROAD ALDAN PA 19018
322-01 800726192 MICHALSKI MICHAEL T 3 ROCKY BROOK ROAD PERRINEVILLE NJ 08535
322-01 800726366 NETTLETON RAYMOND WILLIAM 3450 EAST WESLEY AVENUE DENVER CO 80210
322-01 800726416 BILBEE TROY 1316 SPENCER AVENUE MARION IN 46952
322-01 800726614 HAY KELLY SHANE 388 SOUTH HOMESTEAD DRIVE NEW CASTLE IN 47362
322-01 800726887 ABREU DILAN 2524 WEST CORTEZ CHICAGO IL 60622
322-01 800727000 TOWNS RONALD W 11660 LONDON ROAD ORIENT OH 43146
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 2 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800674483 32,725.00 32,725.00 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-01 800683658 90,000.00 90,000.00 07/01/98 06/01/28 10.250 9.250 16.250 6.500
322-01 800686925 97,500.00 97,413.38 06/01/98 05/01/28 10.000 9.000 16.000 6.880
322-01 800688590 97,700.00 97,646.63 05/01/98 04/01/28 9.000 8.000 15.000 5.625
322-01 800697419 173,935.00 173,935.00 06/01/98 05/01/28 13.000 12.000 19.000 9.125
322-01 800705303 141,900.00 141,900.00 07/01/98 06/01/28 10.125 9.125 16.125 6.250
322-01 800712499 118,000.00 117,937.24 05/07/98 04/07/28 9.875 8.875 15.875 6.490
322-01 800714545 146,200.00 146,200.00 06/01/98 05/01/28 9.000 8.000 15.000 5.625
322-01 800714958 94,500.00 94,464.42 05/01/98 04/01/28 10.750 9.750 16.750 6.375
322-01 800714974 63,750.00 63,750.00 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-01 800715138 123,200.00 123,092.34 05/01/98 04/01/28 10.625 9.625 16.625 7.000
322-01 800715146 92,250.00 92,250.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-01 800715393 133,000.00 133,000.00 06/01/98 05/01/28 9.125 8.125 15.125 5.375
322-01 800715401 118,563.00 118,563.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800715849 148,000.00 148,000.00 06/01/98 05/01/28 9.875 8.875 15.875 6.500
322-01 800716607 189,900.00 189,762.72 05/01/98 04/01/28 9.875 8.875 15.875 6.250
322-01 800716813 115,200.00 115,126.54 05/01/98 04/01/28 10.250 9.250 16.250 6.625
322-01 800716847 85,000.00 85,000.00 07/01/98 06/01/28 9.500 8.500 15.500 7.000
322-01 800717001 120,700.00 120,700.00 06/01/98 05/01/28 11.875 10.875 17.875 8.250
322-01 800717159 62,400.00 62,400.00 06/01/98 05/01/28 11.875 10.875 17.875 7.250
322-01 800717357 119,000.00 119,000.00 06/01/98 05/01/28 10.000 9.000 16.000 7.125
322-01 800717662 42,000.00 42,000.00 06/01/98 05/01/28 12.750 11.750 18.750 9.000
322-01 800717795 71,200.00 71,200.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800718272 142,400.00 142,400.00 07/01/98 06/01/28 12.875 11.875 18.875 9.000
322-01 800719106 169,900.00 169,900.00 06/01/98 05/01/28 12.250 11.250 18.250 8.125
322-01 800719247 112,800.00 112,733.31 06/01/98 05/01/28 11.875 10.875 17.875 8.250
322-01 800719395 62,050.00 62,029.62 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-01 800719569 135,520.00 135,471.68 06/01/98 05/01/28 11.000 10.000 17.000 8.000
322-01 800720088 100,300.00 100,224.14 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-01 800720302 55,000.00 55,000.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-01 800720369 66,000.00 65,942.92 05/01/98 04/01/28 10.125 9.125 16.125 5.750
322-01 800720435 67,000.00 67,000.00 06/01/98 05/01/28 10.500 9.500 16.500 6.875
322-01 800720484 78,700.00 78,700.00 06/01/98 05/01/28 10.000 9.000 16.000 6.500
322-01 800720906 66,300.00 66,300.00 06/01/98 05/01/28 9.125 8.125 15.125 5.375
322-01 800720914 102,000.00 102,000.00 07/01/98 06/01/28 10.750 9.750 16.750 7.125
322-01 800720963 140,000.00 140,000.00 06/01/98 05/01/28 9.125 9.125 15.125 6.125
322-01 800721243 44,000.00 43,981.05 06/01/98 05/01/28 10.125 9.125 16.125 5.750
322-01 800721342 36,950.00 36,950.00 06/01/98 05/01/28 9.375 8.375 15.375 5.750
322-01 800721458 45,900.00 45,879.15 05/01/98 04/01/28 9.875 8.875 15.875 6.250
322-01 800721573 61,000.00 60,975.76 05/01/98 04/01/28 10.500 9.500 16.500 6.375
322-01 800721888 50,800.00 50,800.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800722068 147,000.00 147,000.00 06/01/98 05/01/28 10.000 9.000 16.000 6.500
322-01 800722555 180,000.00 179,890.96 06/01/98 05/01/28 8.500 7.500 14.500 4.750
322-01 800722795 166,950.00 166,950.00 06/01/98 05/01/28 9.125 8.125 15.125 6.250
322-01 800723967 142,400.00 142,255.62 06/01/98 05/01/28 9.375 8.375 15.375 5.500
322-01 800724122 135,900.00 135,844.52 05/01/98 04/01/28 10.375 9.375 16.375 6.600
322-01 800724478 71,400.00 71,356.60 05/01/98 04/01/28 11.750 10.750 17.750 7.200
322-01 800724825 97,500.00 97,500.00 06/01/98 05/01/28 12.625 11.625 18.625 8.250
322-01 800724866 94,500.00 94,500.00 06/01/98 05/01/28 9.000 8.000 15.000 5.500
322-01 800725343 166,500.00 166,500.00 06/01/98 05/01/28 10.375 9.375 16.375 7.000
322-01 800725368 56,800.00 56,772.07 05/01/98 04/01/28 9.500 8.500 15.500 5.375
322-01 800725400 287,200.00 287,200.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-01 800725533 63,000.00 62,952.35 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-01 800725558 127,400.00 127,343.64 06/01/98 05/01/28 10.000 9.000 16.000 6.625
322-01 800725624 108,000.00 107,946.88 05/01/98 04/01/28 9.500 8.500 15.500 6.625
322-01 800725715 272,000.00 272,000.00 06/01/98 05/01/28 10.625 9.625 16.625 7.750
322-01 800725830 102,850.00 102,804.50 06/01/98 05/01/28 10.000 9.000 16.000 6.250
322-01 800726044 92,700.00 92,664.44 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-01 800726192 275,400.00 275,400.00 06/01/98 05/01/28 9.875 8.875 15.875 6.750
322-01 800726366 413,550.00 413,550.00 06/01/98 05/01/28 10.250 9.250 16.250 7.375
322-01 800726416 27,000.00 27,000.00 06/01/98 05/01/28 11.875 10.875 17.875 7.250
322-01 800726614 70,900.00 70,900.00 07/01/98 06/01/28 9.625 8.625 15.625 5.500
322-01 800726887 200,000.00 199,916.13 05/01/98 04/01/28 10.250 9.250 16.250 6.725
322-01 800727000 101,900.00 101,836.33 06/01/98 05/01/28 11.625 10.625 17.625 7.252
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 3 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800727349 BORSCHELL DAVID 2135 GLENDALE STREET ABINGTON PA 19001
322-01 800727588 BROWN WALTER N 1653 NORTH MAYFAIR ROAD FORT MYERS FL 33919
322-01 800727869 KOPAC DEBORAH M RR 4 BOX 4481 C BERWICK PA 18603
322-01 800727901 OSKROBA STEPHEN 59 SHERWOOD LANE LONG HILL TWP NJ 07980
322-01 800727935 GREENFIELD NEAL W 2021 NEWBURGH WESTLAND MI 48185
322-01 800728081 TOWNSEND ROBERT J 35 MARSHALL STREET ALBANY NY 12209
322-01 800728131 KING DAVID E 58 BRUSH DRIVE EAST STROUDSBURG PA 18301
322-01 800728297 NIESEN HOWARD S 1271 WEST 12500 SOUTH RIVERTON UT 84065
322-01 800729220 LUPO NICHOLAS D 67 MORNING WATCH ROAD WAYNE NJ 07470
322-01 800729295 ROWLAND VICKY 25531 142ND AVE SE KENT WA 98042
322-01 800729451 DIBLASI SALVATORE 30 JACAMAR DRIVE VOORHEES NJ 08043
322-01 800729659 KRAKI DERVISH 2488 NORTH JERUSALEM ROAD NORTH BELLMORE NY 11710
322-01 800729790 EUSNER ROBERT 38 TRINITY PLACE NEW ROCHELLE NY 10805
322-01 800729980 DYER MICHAEL G 4918 SOUTH QUEEN STREET LITTLETON CO 80127
322-01 800730020 BROGNA JOANNE E 15802 NORTH 20TH STREET PHOENIX AZ 85022
322-01 800730145 BUFANO ANDREA 6748 ANNA CT PLAINFIELD IN 46168
322-01 800730251 LOUKINAS CONNIE L 726 COLUMBUS AVENUE WASHINGTON COURTHOUS OH 45160
322-01 800730715 DESANTO ALAN 1315 GUMWOOD LANE JONAS PA 18058
322-01 800730723 KEIM THERESA L 6180 HUNTERS HILL ROAD GERMANSVILLE PA 18053
322-01 800730848 GUDIS LYLE 7999 GRANT AVENUE PENNSAUKEN NJ 08109
322-01 800730988 CORSON EDWARD P 13 FOREST LANE GREENBROOK NJ 08812
322-01 800731531 TASSO MICHAEL 3 AURORA LANE NEW ROCHELLE NY 10804
322-01 800731572 ALEXANDER ROBERT C JR 4326 SOUTHEAST BROWN ROAD ARCADIA FL 34266
322-01 800731721 GUENTHER JOHN R 627 DOGWOOD AVENUE EGG HARBOR TOWNSHIP NJ 08234
322-01 800732075 OTTEN ANN J 179 ASBURY ROAD PAULSBORO NJ 08066
322-01 800732257 GOMBOS LISA F 157 WARDE TERRACE FAIRFIELD CT 06430
322-01 800733503 MAIOLO KAREN M 7141 PRIMROSE DRIVE GERMANSVILLE PA 18053
322-01 800733651 STANBACK RODNEY 1602-1604 PALMER STREET INDIANAPOLIS IN 46205
322-01 800733669 HARSHMAN JOHN B 2450 BEAVERVALLY ROAD XENIA OH 45385
322-01 800733784 FARMER ANTHONY E 451 GROVELAND AVENUE DAYTON OH 45417
322-01 800733800 BRITTEN RODNEY 3462 LEUWAN DRIVE INDIANAPOLIS IN 46236
322-01 800733842 RIGGEN JEFFREY R 6858 SOUTHSHORE DR PLAINFIELD IN 46168
322-01 800733875 WILLIAMS MELODY GAY 438 W FAIRVIEW AVE DAYTON OH 45405
322-01 800734287 BENSON ROGER 563 LAKEWOOD DRIVE NE THOMSON GA 30824
322-01 800734808 RITCHIE CHARLES D JR 433 HIGH DRIVE HERSHEY PA 17033
322-01 800735326 KELLY ELIZABETH P 1054 OSPREY WAY LAKELAND FL 33809
322-01 800735383 GONZALEZ DEBORAH 29 MELROSE AVENUE NORWALK CT 06855
322-01 800735763 WALKER GEORGE JR 1450 TAMPA AVENUE DAYTON OH 45408
322-01 800736050 MARLEY MARGARETE N 3010 164TH PLACE NORTH CLEARWATER FL 33760
322-01 800736662 MUTH SUSAN J 448 CHESTNUT STREET EAST STROUDSBURG PA 18301
322-01 800736696 ENGLEMAN RICHARD 741 S HALL STREET ALLENTOWN PA 18103
322-01 800736779 HORAN KEVIN 33 GREENWOOD STREET TAMAQUA PA 18252
322-01 800736985 SINGH DALBIR 32 14 55TH STREET WOODSIDE NY 11377
322-01 800737181 HINTON RODNEY D 1277 MANNBROOK DRIVE STONE MOUNTAIN GA 30083
322-01 800737355 GATES EARL E 2100 FLORA AVENUE FORT MYERS FL 33907
322-01 800737371 SQUIRES CORNELIUS A JR 13873 JULIUS WARREN MI 48089
322-01 800737595 BUSATH BARBARA 22 SOUTH OAK STREET MIDVALE UT 84047
322-01 800737637 RUSSO DANIELA LOT 95 SIERRA VIEW TUNKHANNOCK PA 18610
322-01 800737926 CURTIS MICHAEL D 106 TOTTEN DRIVE GREENWOOD IN 46142
322-01 800738007 MAKKONEN GERARD A 9570 OUTLOOK WHITELAKE MI 48386
322-01 800738262 MCELROY BRUCE A 718 S STREET BEDFORD IN 47421
322-01 800738544 REID AUDREY 2415 REYNOLDS ROAD ATLANTA GA 30331
322-01 800738551 STOKES JAMES O 834 SAGEBRUSH DRIVE CORRALES NM 87048
322-01 800738742 ESPARZA MARTIN 2712 MARION STREET DENVER CO 80205
322-01 800739294 BENNETT CHERYL A 602 23RD STREET NORTH ST PETERSBURG FL 33713
322-01 800739468 BUSTOS ANDRES 103 74 52ND AVENUE CORONA NY 11368
322-01 800739575 GONZALES RAY III 7940 NORTH 181ST AVENUE WADDELL AZ 85355
322-01 800739682 ZULLI SHELLY S 4 JEFFERSON LANDING CIRCLE PORT JEFFERSON NY 11777
322-01 800739690 COSNER PAUL L 112 ARCH AVENUE CLARKS SUMMIT PA 18411
322-01 800739914 MERRITT BARBARA J 10655 S SANGAMON CHICAGO IL 60643
322-01 800740037 SOTELO AZUCENA A 811 HELMS ROAD HOUSTON TX 77088
322-01 800740201 ALVARADO JUAN A 9760 BEECH PLACE MANASSA VA 22110
322-01 800740219 BORDA ROCIO 3332 SLADE COURT FALLS CHURCH VA 22042
322-01 800740540 STRACHAN DAVID 15 PIERSON AVENUE HEMPSTEAD NY 11550
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 3 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800727349 90,000.00 90,000.00 07/01/98 06/01/28 11.500 10.500 17.500 7.500
322-01 800727588 100,000.00 99,965.30 06/01/98 05/01/28 11.125 10.125 17.125 7.500
322-01 800727869 106,200.00 106,149.12 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-01 800727901 115,000.00 115,000.00 06/01/98 05/01/28 9.750 8.750 15.750 6.250
322-01 800727935 170,000.00 169,920.68 05/01/98 04/01/28 9.750 8.750 15.750 6.250
322-01 800728081 86,400.00 86,400.00 06/01/98 05/01/28 9.500 8.500 15.500 5.500
322-01 800728131 87,300.00 87,300.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-01 800728297 160,000.00 160,000.00 06/01/98 05/01/28 10.500 9.500 16.500 6.875
322-01 800729220 140,000.00 140,000.00 07/01/98 06/01/28 9.250 8.250 15.250 5.875
322-01 800729295 154,500.00 154,500.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800729451 85,200.00 85,200.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-01 800729659 150,450.00 150,301.92 05/01/98 04/01/28 11.500 10.500 17.500 7.800
322-01 800729790 136,500.00 136,458.72 05/01/98 04/01/28 11.750 10.750 17.750 7.875
322-01 800729980 172,500.00 172,400.75 05/01/98 04/01/28 8.750 7.750 14.750 5.550
322-01 800730020 73,525.00 73,497.31 05/01/98 04/01/28 10.750 9.750 16.750 7.050
322-01 800730145 140,000.00 140,000.00 06/01/98 05/01/28 11.500 10.500 17.500 7.500
322-01 800730251 52,000.00 51,970.84 05/01/98 04/01/28 8.875 7.875 14.875 5.625
322-01 800730715 90,000.00 90,000.00 06/01/98 05/01/28 9.625 8.625 15.625 5.250
322-01 800730723 120,000.00 120,000.00 06/01/98 05/01/28 11.125 10.125 17.125 7.250
322-01 800730848 132,000.00 132,000.00 06/01/98 05/01/28 9.000 8.000 15.000 5.625
322-01 800730988 173,200.00 173,200.00 06/01/98 05/01/28 9.125 8.125 15.125 5.500
322-01 800731531 337,500.00 336,699.80 01/01/98 12/01/27 9.750 8.750 15.750 6.200
322-01 800731572 66,400.00 66,400.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800731721 95,000.00 94,966.12 05/01/98 04/01/28 11.000 10.000 17.000 7.500
322-01 800732075 57,200.00 57,200.00 06/01/98 05/01/28 8.625 7.625 14.625 5.875
322-01 800732257 150,000.00 149,920.18 06/01/98 05/01/28 9.125 8.125 15.125 5.500
322-01 800733503 165,000.00 164,948.70 06/01/98 05/01/28 11.625 10.625 17.625 7.750
322-01 800733651 45,000.00 45,000.00 06/01/98 05/01/28 10.875 9.875 16.875 5.750
322-01 800733669 113,750.00 113,698.32 06/01/98 05/01/28 9.875 8.875 15.875 6.375
322-01 800733784 36,900.00 36,900.00 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-01 800733800 63,700.00 63,700.00 07/01/98 06/01/28 11.375 10.375 17.375 7.000
322-01 800733842 100,300.00 100,300.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800733875 48,600.00 48,600.00 06/01/98 05/01/28 10.875 9.875 16.875 6.500
322-01 800734287 108,750.00 108,695.08 06/01/98 05/01/28 9.375 8.375 15.375 5.500
322-01 800734808 116,800.00 116,752.83 06/01/98 05/01/28 10.375 9.375 16.375 6.750
322-01 800735326 69,750.00 69,714.77 05/01/98 04/01/28 9.375 8.375 15.375 6.250
322-01 800735383 70,000.00 69,982.58 05/01/98 04/01/28 12.625 11.625 18.625 8.750
322-01 800735763 34,500.00 34,500.00 07/01/98 06/01/28 9.625 8.625 15.625 5.750
322-01 800736050 190,800.00 190,800.00 06/01/98 05/01/28 8.875 7.875 14.875 5.650
322-01 800736662 80,100.00 80,100.00 07/01/98 06/01/28 10.250 9.250 16.250 6.250
322-01 800736696 32,000.00 32,000.00 06/01/98 05/01/28 8.375 7.375 14.375 5.000
322-01 800736779 36,800.00 36,787.58 06/01/98 05/01/28 11.250 10.250 17.250 7.500
322-01 800736985 352,000.00 352,000.00 06/01/98 05/01/28 10.500 9.500 16.500 6.875
322-01 800737181 97,650.00 97,650.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800737355 75,000.00 75,000.00 06/01/98 05/01/28 11.625 10.625 17.625 7.500
322-01 800737371 45,600.00 45,586.95 06/01/98 05/01/28 12.000 11.000 18.000 8.250
322-01 800737595 114,658.00 114,563.98 06/01/98 05/01/28 10.375 9.375 16.375 7.000
322-01 800737637 136,000.00 136,000.00 06/01/98 05/01/28 13.000 12.000 19.000 9.125
322-01 800737926 58,400.00 58,400.00 07/01/98 06/01/28 12.375 11.375 18.375 8.000
322-01 800738007 113,000.00 113,000.00 06/01/98 05/01/28 10.000 9.000 16.000 6.375
322-01 800738262 24,000.00 24,000.00 06/01/98 05/01/28 9.375 8.375 15.375 5.750
322-01 800738544 94,400.00 94,400.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-01 800738551 212,500.00 212,403.46 05/01/98 04/01/28 9.875 8.875 15.875 6.250
322-01 800738742 56,000.00 55,966.94 05/01/98 04/01/28 8.625 7.625 14.625 5.750
322-01 800739294 33,200.00 33,200.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800739468 238,500.00 238,500.00 07/01/98 06/01/28 9.750 8.750 15.750 6.500
322-01 800739575 133,500.00 133,445.50 05/01/98 04/01/28 10.375 9.375 16.375 6.750
322-01 800739682 304,000.00 304,000.00 06/01/98 05/01/28 12.250 12.250 18.250 9.250
322-01 800739690 106,550.00 106,550.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-01 800739914 76,000.00 75,959.79 06/01/98 05/01/28 12.375 11.375 18.375 8.250
322-01 800740037 51,000.00 51,000.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800740201 66,600.00 66,600.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800740219 119,700.00 119,700.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800740540 128,000.00 128,000.00 07/01/98 06/01/28 12.875 11.875 18.875 9.000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 4 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800740656 SANTORA JERRY 25 ROSE STREET BETHPAGE NY 11714
322-01 800740664 STAMPLE TERRY NEAL 3729 BODDIE MILL POND ROAD NASHVILLE NC 27856
322-01 800740805 SCHASSLER JOHN A SR 14 SCHASSLER PLACE STONY POINT NY 10980
322-01 800740920 HAGE PATRICIA A 72 GURLEY ROAD EDISON NJ 08817
322-01 800741860 KING CLARENCE 4095 BLACKHAWK DRIVE STONE MOUNTAIN GA 30083
322-01 800742249 COLLINS ROBERT 14946 OAKFIELD DERTOIT MI 48227
322-01 800742330 OLIVICH WILLIAM M 240 KINGSTON ADDISON TWP MI 48367
322-01 800742355 KENNY BRYANT SHEILA E 4819 QUAIL CRESCENT COURT INDIANAPOLIS IN 46254
322-01 800742363 LLOYD JAMES R 7 RAWSON STREET ALBANY NY 12206
322-01 800742520 WOLFF DWAYNE 235 BROSS STREET LONGMONT CO 80501
322-01 800742603 HUNTER CYNTHIA STEWART 3465 GULF LANE ROTUNDA WEST FL 33947
322-01 800742652 MOORE LARRY C JR 1716 SOUTH FIRETOWER ROAD FLORENCE SC 29506
322-01 800743510 BUCK DAVID W 934 FIRST AVENUE ALTOONA PA 16602
322-01 800743684 KIEVIT JOHN 828 AVERY STATION ROAD TUNKHANNOCK PA 18657
322-01 800743817 SASAKI PAULINE 151 SCRIBNER AVENUE NORWALK CT 06854
322-01 800743932 THOMAS JOHN WESLEY 3036 GORDON CIRCLE HAPEVILLE GA 30354
322-01 800744229 TRIPI CHARLES R II 362 WITMER ROAD NORTH TONAWANDA NY 14120
322-01 800744419 KEENAN FRANK P 111 HIGHLAND AVENUE HIGHLANDS NJ 07732
322-01 800744617 STEWART SWAIN S 9526 WHITEHURST DRIVE OWINGS MILLS MD 21117
322-01 800745077 ALVARADO DIANA J 69 BEECHWOOD DAYTON OH 45405
322-01 800745325 HUACUJA LINDA S 1194 HIGHWAY 34 EAST HENDERSON TX 75652
322-01 800745424 LAMBERSON BRIAN 20 NEPONSIT ROAD SOUND BEACH NY 11789
322-01 800746190 MAGGS DONNA M 9262 88TH WAY LARGO FL 33777
322-01 800746349 GOATCHER MARCUS E 910 WEST PARK HILLS DRIVE KENNEWICK WA 99337
322-01 800746455 GARDNER ANN W 2239 2ND AVENUE NORTH ST PETERSBURG FL 33713
322-01 800746539 DISCLAFANI SALVATORE 121 JEFFERSON STREET MERRICK NY 11566
322-01 800746810 WILDER JAMES H 46A IRVING PLACE BROOKLYN NY 11238
322-01 800747131 HENDERSON LANCE J 853 COTTONWOOD DRIVE MONROEVILLE PA 15235
322-01 800747313 MURPHY EARLE 33 RIVERSIDE DRIVE LAKE PLACID NY 12946
322-01 800747990 HEAVENER RONALD EUGENE 740 SEPARK CIRCLE GASTONIA NC 28054
322-01 800748071 ELLIOTT SHIRLEY 17136-38 CHAPEL DETROIT MI 48219
322-01 800748535 GORMAN STEPHEN W 317 MORNINGSIDE AVENUE ALTOONA PA 16602
322-01 800748667 TURNER BETTY F 5042 RIVEBROOK COURT JACKSONVILLE FL 32277
322-01 800748972 DEPRIMO PAOLINA 606 GURDON STREET BRIDGEPORT CT 06606
322-01 800749137 BOWMAN JEFFREY D 216 ELLIS STREET HADDONFIELD NJ 08033
322-01 800749376 WAGNER RICKY L 201 N 1ST STREET MUIR PA 17957
322-01 800749624 SABINE JOANN R 1388 BEASON RD ORANGEBURG SC 29115
322-01 800749889 WALKER JUDY 17563 STAHELIN DETROIT MI 48223
322-01 800750101 ADAMS KEVIN 9346 SOUTH PARNELL CHICAGO IL 60620
322-01 800750119 PFEIFER LAUREN J 1799 NORTH 3300 EAST LAYTON UT 84040
322-01 800750382 OMAN MARY E N9339 LAKEVIEW AVE NECEDAH WI 54646
322-01 800750473 PATTERSON JODY C 1682 BUENA ROAD ZILLAH WA 98953
322-01 800750507 BRIDGERS LORENZO 7405 CUSHMAN CT CITRUS HEIGHTS CA 95610
322-01 800751810 FLEURANTIN JENNY 150 SCOTLAND ROAD SOUTH ORANGE NJ 07079
322-01 800752313 LOPEZ DEBBY D 338 NORTH 200 WEST LOGAN UT 84321
322-01 800752420 PASQUARIELLO MARIO A 1230 1232 MAIN STREET NORTHAMPTON PA 18067
322-01 800753113 FODDRILL HEATHER E 469 SOUTH SHERIDAN INDIANAPOLIS IN 46219
322-01 800753162 MAYO DENEEN 19361 BRETTON DETROIT MI 48223
322-01 800753352 MCPHAUL ANDRE LOT 702 CANDLEWOOD ESTATES TUNKHANNOCK PA 18610
322-01 800753709 JOHNSON JAMES A 182 BLUEBIRD HILL ROAD WOODLAND PARK CO 80866
322-01 800754160 PARSONS VERNON 4362 CONWAY BOULEVARD PORT CHARLOTTE FL 33952
322-01 800754582 JACKSON CHARLES E 1720 GREEN STEET HARRISBURG PA 17102
322-01 800755233 WINTERS WILLIAM 238 FREEPORT ROAD BUTLER PA 16001
322-01 800755340 WALTERS JEFFREY A 117 NORTH 8TH AVE WEST BEND WI 53095
322-01 800755357 OCAMPO ALBERTO 1442 NORTH SPRINGFIELD AVE CHICAGO IL 60651
322-01 800755670 MALEGANOS JOHN N 56 NARCISSUS AVENUE HICKSVILLE NY 11801
322-01 800757577 WHITE HAROLD M 308 64TH STREET NORTHEAST BRADENTON FL 34208
322-01 800757635 COPELAND HAR COLETTE 10253 GLENNFIELD COURT JACKSONVILLE FL 32221
322-01 800757726 BRUNETTI JAN 13 LAKE DRIVE MARCEL LAKE MILFORD PA 18337
322-01 800757783 HUGG STEPHEN L 46 LAKE MICHIGAN DRIVE LITTLE EGG HARBOR NJ 08087
322-01 800758229 WHELAN MARION 22 BANCROFT ROAD MARLTON NJ 08053
322-01 800758294 RIVERA ANGEL M 19200 NORTHEAST 22ND AVE NORTH MIAMI BEACH FL 33180
322-01 800758385 NATERA ALICE V 115 BUTTONWOOD STREET READING PA 19601
322-01 800758401 WILLIAMS JOSEPH N 26045 LYNDON REDFORD MI 48239
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 4 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800740656 137,600.00 137,600.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-01 800740664 70,125.00 70,125.00 07/01/98 06/01/28 10.250 9.250 16.250 6.000
322-01 800740805 172,800.00 172,734.94 06/01/98 05/01/28 10.750 9.750 16.750 7.375
322-01 800740920 88,000.00 87,958.94 06/01/98 05/01/28 9.750 8.750 15.750 6.750
322-01 800741860 100,000.00 99,811.23 05/01/98 04/01/28 8.250 7.250 14.250 5.000
322-01 800742249 64,000.00 63,970.56 05/01/98 04/01/28 13.000 12.000 19.000 9.125
322-01 800742330 54,900.00 54,875.06 06/01/98 05/01/28 9.875 8.875 15.875 6.125
322-01 800742355 102,100.00 102,100.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800742363 63,750.00 63,718.98 04/01/98 03/01/28 12.750 11.750 18.750 8.400
322-01 800742520 120,000.00 120,000.00 06/01/98 05/01/28 10.125 9.125 16.125 5.750
322-01 800742603 67,200.00 67,200.00 07/01/98 06/01/28 10.500 9.500 16.500 7.000
322-01 800742652 166,500.00 166,500.00 06/01/98 05/01/28 10.500 9.500 16.500 7.125
322-01 800743510 25,500.00 25,490.14 06/01/98 05/01/28 10.625 9.625 16.625 6.750
322-01 800743684 60,000.00 60,000.00 06/01/98 05/01/28 10.500 9.500 16.500 6.375
322-01 800743817 125,000.00 125,000.00 06/01/98 05/01/28 9.500 8.500 15.500 5.875
322-01 800743932 60,300.00 60,300.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800744229 96,000.00 95,960.81 05/01/98 04/01/28 10.375 9.375 16.375 6.200
322-01 800744419 104,477.00 104,477.00 06/01/98 05/01/28 9.750 8.750 15.750 6.250
322-01 800744617 220,000.00 220,000.00 06/01/98 05/01/28 10.125 9.125 16.125 6.625
322-01 800745077 58,410.00 58,410.00 06/01/98 05/01/28 10.000 9.000 16.000 6.250
322-01 800745325 27,900.00 27,886.28 05/01/98 04/01/28 9.500 8.500 15.500 5.500
322-01 800745424 121,450.00 121,397.68 05/01/98 04/01/28 10.125 9.125 16.125 6.750
322-01 800746190 59,245.00 59,245.00 06/01/98 05/01/28 10.000 9.000 16.000 5.750
322-01 800746349 83,700.00 83,700.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-01 800746455 47,175.00 47,156.25 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-01 800746539 168,000.00 167,955.79 06/01/98 05/01/28 12.375 11.375 18.375 8.625
322-01 800746810 198,000.00 197,837.63 05/01/98 04/01/28 10.375 10.375 16.375 7.375
322-01 800747131 60,000.00 60,000.00 06/01/98 05/01/28 11.500 10.500 17.500 7.500
322-01 800747313 245,000.00 245,000.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-01 800747990 86,000.00 86,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800748071 76,000.00 76,000.00 06/01/98 05/01/28 10.250 9.250 16.250 6.875
322-01 800748535 47,200.00 47,200.00 06/01/98 05/01/28 10.875 9.875 16.875 7.250
322-01 800748667 174,250.00 174,250.00 06/01/98 05/01/28 10.250 9.250 16.250 6.250
322-01 800748972 20,000.00 20,000.00 07/01/98 06/01/28 9.375 8.375 15.375 5.250
322-01 800749137 99,450.00 99,450.00 06/01/98 05/01/28 9.125 8.125 15.125 6.000
322-01 800749376 29,250.00 29,238.06 06/01/98 05/01/28 10.375 9.375 16.375 7.250
322-01 800749624 33,300.00 33,300.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-01 800749889 34,500.00 34,500.00 06/08/98 05/08/28 9.625 8.625 15.625 6.500
322-01 800750101 76,000.00 75,942.51 07/01/98 06/01/28 10.750 9.750 16.750 6.500
322-01 800750119 409,000.00 409,000.00 06/01/98 05/01/28 9.750 8.750 15.750 7.375
322-01 800750382 64,000.00 64,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800750473 74,250.00 74,250.00 07/01/98 06/01/28 11.500 10.500 17.500 7.250
322-01 800750507 121,500.00 121,420.53 06/01/98 05/01/28 8.125 7.125 14.125 6.250
322-01 800751810 395,940.00 395,832.85 06/01/98 05/01/28 12.250 12.250 18.250 8.750
322-01 800752313 90,000.00 89,938.07 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800752420 103,200.00 103,139.07 06/01/98 05/01/28 8.625 7.625 14.625 5.750
322-01 800753113 45,100.00 45,100.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-01 800753162 169,200.00 169,200.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800753352 162,400.00 162,400.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-01 800753709 246,500.00 246,500.00 06/01/98 05/01/28 10.125 9.125 16.125 6.750
322-01 800754160 44,800.00 44,800.00 06/01/98 05/01/28 10.250 10.250 16.250 7.250
322-01 800754582 39,000.00 39,000.00 08/01/98 07/01/28 10.125 9.125 16.125 5.750
322-01 800755233 60,000.00 60,000.00 06/01/98 05/01/28 8.625 7.625 14.625 5.000
322-01 800755340 85,000.00 84,967.12 06/01/98 05/01/28 10.625 9.625 16.625 6.750
322-01 800755357 116,000.00 116,000.00 06/01/98 05/01/28 12.500 12.500 18.500 9.500
322-01 800755670 142,300.00 142,300.00 07/01/98 06/01/28 12.250 12.250 18.250 8.750
322-01 800757577 46,750.00 46,750.00 07/01/98 06/01/28 8.125 7.125 14.125 4.500
322-01 800757635 146,700.00 146,700.00 07/01/98 06/01/28 9.875 8.875 15.875 5.750
322-01 800757726 107,000.00 107,000.00 07/01/98 06/01/28 8.625 7.625 14.625 5.000
322-01 800757783 68,000.00 68,000.00 06/01/98 05/01/28 9.750 8.750 15.750 6.875
322-01 800758229 42,500.00 42,500.00 06/01/98 05/01/28 9.875 8.875 15.875 6.125
322-01 800758294 128,000.00 127,960.21 06/01/98 05/01/28 11.625 10.625 17.625 8.000
322-01 800758385 28,000.00 28,000.00 08/01/98 07/01/28 12.125 11.125 18.125 8.000
322-01 800758401 76,500.00 76,452.46 05/01/98 04/01/28 8.375 8.375 14.375 5.375
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 5 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800758484 SAAVEDRA JOSE F 17427 N 47TH STREET PHOENIX AZ 85032
322-01 800758625 BROWN CHARLES T III 1 GARDNERTOWN ROAD NEWBURGH NY 12550
322-01 800758666 HALL JAMES R 4643 LONG LAKE DRIVE FORT MYERS FL 33905
322-01 800758724 SERRATO RAFAEL 5617 SOUTH 107TH AVENUE TOLLESON AZ 85353
322-01 800758849 QUERO HECTOR 1637 UNDERCLIFF AVENUE BRONX NY 10453
322-01 800758930 BROWN CLIFFORD D JR 643 LUCILLE DRIVE ELYRIA OH 44035
322-01 800759094 CONGER DARIN 3380 NORTH 400 EAST NORTH OGDEN UT 84414
322-01 800759391 PLEGER KENNETH D 1170 LAKE ROAD NORTHEAST LANCASTER OH 43130
322-01 800759433 RIVERA DENNIS 30-32 EAST DOVER STREET WATERBURY CT 06705
322-01 800759607 HOTTER MARTIN 192 UTE CANYON ROAD DURANGO CO 81301
322-01 800759896 JACE ANTHONY 541 BATH AVENUE LONG BRANCH NJ 07740
322-01 800759920 JENKINS MARY K 5362 WEST OXFORD STREET PHILADELPHIA PA 19131
322-01 800760019 WHITESELL SARA K 3642 CRESTON INDIANAPOLIS IN 46214
322-01 800760597 DIZON RUSSELL M 592 LINDEN AVENUE TEANECK NJ 07666
322-01 800760894 VEGA MARK D 1016 WEST PRINCESS STREET YORK PA 17404
322-01 800761264 GRAY SHARON A 2713 WEST 30TH STREET ZION IL 60099
322-01 800761843 CLINE ROBERT T 211 55TH AVENUE ST PETERSBURG BEACH FL 33706
322-01 800762049 RUSSELL DOUGLAS A 1617 EAST BEACH DRIVE LONG BEACH NC 28465
322-01 800762155 ARAGON LISA M 5008 SOUTH TUSCAN STREET BENNION UT 84118
322-01 800762866 MILLER SHERWIN 450 WEST GRANT STREET EASTON PA 18042
322-01 800762890 ROBINSON LILLIE N 209 WINDEMERE ROAD WILMINGTON NC 28405
322-01 800763039 MCNAMARA SEAN 226 N 4TH STREET ALLENTOWN PA 18102
322-01 800763237 CAUL LAMONT D 1016 NORTH 28TH PLACE RENTON WA 98056
322-01 800763450 RAMIREZ BELEN M 750 54 STREET BROOKLYN NY 11220
322-01 800763534 AMEDAI TESFAI G 6508 NORTH 24TH AVENUE PHOENIX AZ 85015
322-01 800763815 MACRENO DOMINICK B 1156 MURRAY STREET AKRON OH 44310
322-01 800764540 MURRAY LADONNA 39295 SUNDERLAND CLINTON TWP MI 48038
322-01 800764771 ZAMAGNI NICHOLAS 841 KIMBALL STREET PHILADELPHIA PA 19147
322-01 800764946 LEE ORLANDO 23 ORANGE AVENUE IRVINGTON NJ 07111
322-01 800765240 MARKOVICH KENNETH J 47 WEST HOLLAND STREET SUMMIT HILL PA 18250
322-01 800765281 OATES TODD R 418 40TH AVENUE SOUTH ST PETERSBURG FL 33705
322-01 800765547 BOYLE ROBERT E 23 PELLANA ROAD NORWOOD MA 02062
322-01 800765745 CAPAROTTI DONALD 26619 HIGH STREET DAMASCUS MD 20872
322-01 800765778 BETAO RIAD 29299 FIELDSTON FARMINGTON HILLS MI 48310
322-01 800765869 JOHNSON SCOTT A 12917 MONTBATTEN COURT STERLING HGTS MI 48313
322-01 800765935 MADDOX WILLIE 323 REYNOLDA DRIVE STATESVILLE NC 28677
322-01 800766016 MIKHA RONNY 24340 EASTWOOD OAK PARK MI 48237
322-01 800766040 EVANS BRENDA D 11409 FIELDING DETROIT MI 48228
322-01 800766131 KULBABA MARK P 33169 TULIPWOOD FARMINGTON HILLS MI 48334
322-01 800766354 BURKHARDT HENRY J 1012 CALIFORNIA PLACE SOUT ISLAND PARK NY 11558
322-01 800766537 HOPKINS ANTHONY 23111 BRITNER BINGHAM FARMS MI 48025
322-01 800766545 VANRIPER BECKY SUE 26 DALE AVENUE MELBOURNE FL 32935
322-01 800766693 FACER RUSSELL S 986 NORTH 2075 WEST FARR WEST UT 84404
322-01 800767204 EVANS JAMES 145 147 ABBOTT STREET WILKES BARRE PA 18702
322-01 800767501 GAGNON RAYMOND A 374 ALLEGHENY DRIVE YORK PA 17402
322-01 800767873 BREMMER JONATHAN W 798 GLASTONBURY TURNPIKE PORTLAND CT 06480
322-01 800767881 VEST GARY W 92 WALNUT STREET FOUNTAINTOWN IN 46130
322-01 800768277 COOK JOSEPH W 505 NORTH BURGHLEY AVENUE VENTOR NJ 08406
322-01 800768319 PAINTER DONALD K 6971 GRANDE VISTA WAY S ST PETERSBURG FL 33707
322-01 800768541 MORRELL MONTE P 2219 P ROAD ECKERT CO 81418
322-01 800768608 WOZNIAK DAVID H 720 WEST TAYLOR STREET TAYLOR PA 18517
322-01 800768657 AHSAN GHANI A 818 WALNUT STREET ALLENTOWN PA 18102
322-01 800768988 SHAFFER LISA 10161 SOUTH WASATCH BLVD SANDY UT 84092
322-01 800769119 MONTIEL JOHN FRED 3510 S SHIELA AVENUE TUCSON AZ 85746
322-01 800769325 KHAN FAKHRA 171- 179 POPLAR STREET BRIDGEPORT CT 06606
322-01 800769663 WILLIAMS SAMUEL 734 SNEDIKER AVENUE BROOKLYN NY 11207
322-01 800770034 ARVANT ELIZABETH R 10702 DOWRY AVENUE TAMPA FL 33615
322-01 800770349 SALDANA RENE 2553 EAST PUEBLO AVENUE PHOENIX AZ 85040
322-01 800770414 KLAGES EARL L JR 324 CRESTVIEW DRIVE TRANSFER PA 16154
322-01 800770554 MURRAY PATRICK K 20 W KING STREET LITTLESTOWN PA 17340
322-01 800770968 ROSE NORMAN A 129 WESSINGTON AVENUE GARFIELD NJ 07026
322-01 800771347 KNOWER DONALD E 192 CHAPEL STREET GARDNER MA 01440
322-01 800771412 KLIMOSKI DENISE D-21 BRIARCLIFF TERRACE TOBYHANNA PA 18466
322-01 800771784 MAROKI NAOH 23210 AVON ROAD OAK PARK MI 48237
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 5 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800758484 123,750.00 123,624.53 05/01/98 04/01/28 9.375 8.375 15.375 6.500
322-01 800758625 85,500.00 85,466.93 05/01/98 04/01/28 10.625 9.625 16.625 6.950
322-01 800758666 140,000.00 140,000.00 06/01/98 05/01/28 9.750 8.750 15.750 6.000
322-01 800758724 92,000.00 91,967.19 05/01/98 04/01/28 11.000 10.000 17.000 7.300
322-01 800758849 163,200.00 163,151.99 06/01/98 05/01/28 11.875 10.875 17.875 8.250
322-01 800758930 108,500.00 108,500.00 07/01/98 06/01/28 11.875 10.875 17.875 7.800
322-01 800759094 130,500.00 130,500.00 06/01/98 05/01/28 10.500 9.500 16.500 7.375
322-01 800759391 211,000.00 211,000.00 06/01/98 05/01/28 10.000 9.000 16.000 7.750
322-01 800759433 25,600.00 25,600.00 06/01/98 05/01/28 12.750 11.750 18.750 9.000
322-01 800759607 650,000.00 649,663.03 06/01/98 05/01/28 9.250 8.250 15.250 6.375
322-01 800759896 117,600.00 117,600.00 07/01/98 06/01/28 11.750 10.750 17.750 7.500
322-01 800759920 36,000.00 36,000.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-01 800760019 63,000.00 63,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800760597 136,000.00 136,000.00 07/01/98 06/01/28 10.625 9.625 16.625 7.250
322-01 800760894 41,600.00 41,588.42 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-01 800761264 60,000.00 59,943.79 05/01/98 04/01/28 9.750 8.750 15.750 6.550
322-01 800761843 213,000.00 213,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.000
322-01 800762049 59,625.00 59,625.00 06/01/98 05/01/28 11.250 10.250 17.250 7.625
322-01 800762155 88,400.00 88,400.00 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-01 800762866 74,250.00 74,211.50 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-01 800762890 102,964.00 102,964.00 06/01/98 05/01/28 8.625 7.625 14.625 4.625
322-01 800763039 85,000.00 85,000.00 06/01/98 05/01/28 11.000 10.000 17.000 7.000
322-01 800763237 243,000.00 243,000.00 06/01/98 05/01/28 10.250 9.250 16.250 6.250
322-01 800763450 225,000.00 225,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800763534 68,100.00 68,048.47 05/01/98 04/01/28 10.750 9.750 16.750 7.125
322-01 800763815 48,150.00 48,150.00 06/01/98 05/01/28 10.625 9.625 16.625 7.000
322-01 800764540 132,300.00 132,250.19 06/01/98 05/01/28 10.750 9.750 16.750 7.375
322-01 800764771 56,550.00 56,550.00 06/01/98 05/01/28 10.250 10.250 16.250 7.500
322-01 800764946 75,000.00 74,973.26 06/01/98 05/01/28 11.000 10.000 17.000 7.125
322-01 800765240 49,300.00 49,300.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800765281 46,800.00 46,800.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800765547 110,000.00 110,000.00 07/01/98 06/01/28 10.125 9.125 16.125 6.000
322-01 800765745 258,400.00 258,400.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-01 800765778 220,100.00 219,979.78 06/01/98 05/01/28 9.000 8.000 15.000 5.000
322-01 800765869 152,000.00 151,937.95 06/01/98 05/01/28 10.375 9.375 16.375 7.000
322-01 800765935 78,300.00 78,300.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800766016 85,000.00 85,000.00 07/01/98 06/01/28 8.125 7.125 14.125 4.500
322-01 800766040 43,200.00 43,200.00 06/01/98 05/01/28 12.625 11.625 18.625 8.750
322-01 800766131 165,000.00 165,000.00 06/01/98 05/01/28 8.625 7.625 14.625 5.375
322-01 800766354 168,000.00 168,000.00 07/01/98 06/01/28 10.125 9.125 16.125 6.625
322-01 800766537 328,200.00 328,200.00 06/01/98 05/01/28 8.375 7.375 14.375 5.000
322-01 800766545 51,000.00 51,000.00 07/01/98 06/01/28 8.625 7.625 14.625 5.000
322-01 800766693 105,600.00 105,600.00 06/01/98 05/01/28 12.500 11.500 18.500 9.125
322-01 800767204 79,900.00 79,900.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-01 800767501 103,200.00 103,200.00 06/01/98 05/01/28 10.125 9.125 16.125 5.750
322-01 800767873 153,000.00 153,000.00 06/01/98 05/01/28 10.000 9.000 16.000 6.625
322-01 800767881 52,000.00 51,985.53 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-01 800768277 73,600.00 73,560.84 06/01/98 05/01/28 9.125 9.125 15.125 6.125
322-01 800768319 76,000.00 76,000.00 06/01/98 05/01/28 11.375 10.375 17.375 8.000
322-01 800768541 59,500.00 59,500.00 06/01/98 05/01/28 10.500 9.500 16.500 7.125
322-01 800768608 65,300.00 65,279.12 06/01/98 05/01/28 11.500 10.500 17.500 7.625
322-01 800768657 49,000.00 49,000.00 07/01/98 06/01/28 8.875 7.875 14.875 5.000
322-01 800768988 285,600.00 285,600.00 06/01/98 05/01/28 12.875 11.875 18.875 9.500
322-01 800769119 85,000.00 85,000.00 06/01/98 05/01/28 8.375 7.375 14.375 4.750
322-01 800769325 76,500.00 76,500.00 07/01/98 06/01/28 11.500 10.500 17.500 8.125
322-01 800769663 180,000.00 180,000.00 06/01/98 05/01/28 9.750 8.750 15.750 6.250
322-01 800770034 120,060.00 120,060.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800770349 50,475.00 50,453.83 05/01/98 04/01/28 10.250 9.250 16.250 6.800
322-01 800770414 84,600.00 84,600.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800770554 86,100.00 86,058.75 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-01 800770968 144,000.00 144,000.00 07/01/98 06/01/28 13.375 12.375 19.375 9.500
322-01 800771347 80,000.00 80,000.00 07/01/98 06/01/28 10.500 9.500 16.500 7.000
322-01 800771412 29,750.00 29,750.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800771784 74,900.00 74,863.16 06/01/98 05/01/28 9.500 9.500 15.500 6.000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 6 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800771891 FULLER RICKY D 150 SONLEY CIRCLE SPARTANBURG SC 29303
322-01 800772105 MARMOLEJO GREGORIO 133-135-137 BOWMAN STREET WILKES-BARRE PA 18702
322-01 800772907 JONES DENISE 15650 AUBURN ROAD NEWBURY OH 44065
322-01 800772923 MORRISSEY THOMAS MICHAEL 10403 SOUTH GRIZZLY GULCH HIGHLANDS RANCH CO 80126
322-01 800773574 CARLSON RAYMOND P 2238 SOUTH FLOWER COURT LAKEWOOD CO 80227
322-01 800773665 HIGGINSON RYAN 1938 SOUTH LINCOLN STREET SALT LAKE CITY UT 84105
322-01 800773806 O'CONNER CORY 2838 JEFFERSON AVENUE OGDEN UT 84401
322-01 800773863 TAYLOR THEODORE W 3806 KIMBLE ROAD BALTIMORE MD 21218
322-01 800773954 BENNETT JENNIFER 1128 W WYOMING STREET ALLENTOWN PA 18103
322-01 800774762 BANNISTER JANET 4197 BLUEFISH DR SOUTHEAST ST PETERSBURG FL 33705
322-01 800774846 TROTTA JENNIFER 2045 EAST 36TH STREET BROOKLYN NY 11234
322-01 800774861 HEWITT IRMA J 5030 W CAVEN ST INDIANAPOLIS IN 46241
322-01 800774986 RALLI JEFFREY 17 OLD FORGE RD CHESTER NJ 07930
322-01 800776023 SMITH JAMES E 436 PARK COUNTY ROAD 85 GUFFEY CO 80820
322-01 800776049 VOLLMER JAMES A 640 BEVERLY HILLS BLVD BILLINGS MT 59102
322-01 800776346 BECHER SIMON 311 VINCENT AVENUE LYNBROOK NY 11563
322-01 800776445 KASSAS JOSEPH 141 LORRAINE STREET BRIDGEPORT CT 06606
322-01 800777179 JOHNSON BLAINE HART 2310 EAST STONE CLIFF DRIV ST GEORGE UT 84790
322-01 800777468 HENDERSON WARREN 500 BRADEN DRIVE DURHAM NC 27713
322-01 800777476 PRICE GARRY L RR 4 BOX 1555 HONESDALE PA 18431
322-01 800777484 ROEGNER THOMAS P RR 2 BOX 2268 WAYMART PA 18472
322-01 800777567 FABER HOWARD I 30856 WOODSTREAM FARMINGTON MI 48334
322-01 800778235 MCCOY GARY 4242 INGLEWOOD GREENWOOD IN 46143
322-01 800778276 TAVAREZ FRANKLIN 91 LORING AVENUE YONKERS NY 10704
322-01 800778441 SAWULSKI DAVID A 143 WESTOVER AVENUE ANN ARBOR MI 48103
322-01 800778474 HOLLY TERESA A 911 S MONROE ST XENIA OH 45385
322-01 800778565 HAYES CHARLOTTE L 5205 EASTBROOK ROAD DOUGLASVILLE GA 30135
322-01 800778631 BALZ ROBERT 407-409 PALMER STREET PLYMOUTH PA 18651
322-01 800778755 DICKSON LEONARD C JR 629 LILAC LANE FOUNTAIN CO 80817
322-01 800778862 KOGER GRETA 4415 SW SANTA BARBARA PL CAPE CORAL FL 33914
322-01 800778946 FISCHER JOSEPH SCOTT 2995 CLERMONT STREET DENVER CO 80207
322-01 800779076 ASTACIO RICHARD 13731 CONWAY COURT HUDSON FL 34667
322-01 800779274 BEALS HARRY C 615 COOPER ROAD WEST BERLIN NJ 08091
322-01 800779290 COUSINS DANNY D 4307 7TH STREET ECORSE MI 48229
322-01 800779647 NASH ROLANDO ROBERT SR 155 BRIARCLIFF PLACE STOCKBRIDGE GA 30281
322-01 800780215 OCONNOR PATRICIA 339 RIVER DRIVE BAY CITY MI 48706
322-01 800780272 JIMENEZ DANIEL 16390 SOUTHWEST 77TH COURT MIAMI FL 33157
322-01 800780363 TOMI NICHOLAS G 213 WEST VIRGINIA STREET TUSCON AZ 85706
322-01 800780454 WHEAT COLLEEN M 1501 WEST NORTH LANE PHOENIX AZ 85021
322-01 800780470 ETHINGTON KEVIN 1662 NORTH 600 WEST BOUNTIFUL UT 84087
322-01 800780538 SPAFFORD BO LIU 6018 SOUTH AFTON AVENUE MURRAY UT 84107
322-01 800780850 KOPP KENNETH W 4145 WOLFS CHURCH ROAD YORK PA 17404
322-01 800781197 LISIEWSKI WILLIAM A 126 LAKE HEIGHTS COURT LAKE AREIL PA 18436
322-01 800781262 ASIMAKOPOULO PANAGIOTIS 390 WEST FOREST ROAD MASTIC BEACH NY 11951
322-01 800781643 BLAIR ROBERT H 157 SHIRLEY DRIVE CARY NC 27511
322-01 800781908 FORTE NUNCIO W HCR BOX 44A WHITEHAVEN PA 18661
322-01 800781932 OSTICCO ANTHONY SR 31 WILFORD STREET PITTSTON PA 18640
322-01 800782203 BURNELIS KATHY G 1287 CLAIRHAVEN STREET PITTSBURGH PA 15205
322-01 800782286 MILLER DOUGLAS C 31179 DAWSON GARDEN CITY MI 48135
322-01 800782534 IRVINE KENNETH R 23971 EAST LEBOST NOVI MI 48375
322-01 800782690 PAIGE DEBORAH LOUISE 2400 NEWPORT STREET DENVER CO 80205
322-01 800782914 ROBLEDO ANTONIO 2109 SOUTH SPAULDING CHICAGO IL 60623
322-01 800783235 LISCO ANTHONY 538 VALLEY BROOK AVENUE LYNDHURST NJ 07071
322-01 800783300 WATSON, HERBERT 5818 7TH AVENUE LOS ANGELES CA 90043
322-01 800783383 EDDINGTON VICKY L 3951 SOUTH HIGHWAY 66 MORGAN UT 84050
322-01 800783482 BROWNFIELD FRED 1295 VANCE STREET LAKEWOOD CO 80215
322-01 800783789 PHILLIPS PAUL 60 QUARRY ROAD MONTGOMERY NY 12758
322-01 800783821 RIVERA SANTOS 1129 N BEVILLE STREET INDIANAPOLIS IN 46201
322-01 800784258 INNOCENTI DEBRA L 3219 7TH AVENUE ST JAMES CITY FL 33956
322-01 800784910 VASQUEZ SALVADOR 41 UNIVERSITY DRIVE COLORADO SPRINGS CO 80910
322-01 800785149 HEBDON ROY E 7292 NORTH HIGHWAY 91 SMITHFIELD UT 84335
322-01 800786055 PREFACH DOUGLAS 65 OAKWOOD COURT FANWOOD NJ 07023
322-01 800786154 DINEEN KEVIN WILLIAM 273 GARDEN PLACE DRIVE CASTLE HAYNE NC 28429
322-01 800786311 GELB EDWARD 498 IRVING STREET CENTRAL ISLIP NY 11722
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 6 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800771891 46,750.00 46,750.00 06/01/98 05/01/28 10.500 9.500 16.500 5.750
322-01 800772105 85,000.00 85,000.00 07/01/98 06/01/28 10.625 9.625 16.625 6.600
322-01 800772907 107,000.00 107,000.00 06/01/98 05/01/28 11.375 10.375 17.375 6.750
322-01 800772923 237,579.00 237,435.07 06/01/98 05/01/28 8.500 7.500 14.500 6.125
322-01 800773574 154,700.00 154,700.00 06/01/98 05/01/28 9.000 8.000 15.000 6.125
322-01 800773665 100,620.00 100,532.96 06/01/98 05/01/28 10.125 9.125 16.125 6.500
322-01 800773806 65,450.00 65,450.00 06/01/98 05/01/28 11.750 10.750 17.750 8.125
322-01 800773863 72,000.00 72,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800773954 56,100.00 56,100.00 07/01/98 06/01/28 10.250 9.250 16.250 6.250
322-01 800774762 48,800.00 48,800.00 07/01/98 06/01/28 10.375 9.375 16.375 7.250
322-01 800774846 161,600.00 161,600.00 06/01/98 05/01/28 10.750 9.750 16.750 7.500
322-01 800774861 50,400.00 50,400.00 06/01/98 05/01/28 9.375 8.375 15.375 5.750
322-01 800774986 198,900.00 198,900.00 06/01/98 05/01/28 13.125 12.125 19.125 8.750
322-01 800776023 187,000.00 187,000.00 06/01/98 05/01/28 9.000 8.000 15.000 6.125
322-01 800776049 20,000.00 20,000.00 06/01/98 05/01/28 10.375 9.375 16.375 6.750
322-01 800776346 160,650.00 160,650.00 07/01/98 06/01/28 10.375 9.375 16.375 6.550
322-01 800776445 76,500.00 76,500.00 07/01/98 06/01/28 11.750 10.750 17.750 7.750
322-01 800777179 914,550.00 914,550.00 07/01/98 06/01/28 8.375 7.375 14.375 4.750
322-01 800777468 208,250.00 208,250.00 07/01/98 06/01/28 7.750 6.750 13.750 4.250
322-01 800777476 79,475.00 79,434.87 06/01/98 05/01/28 9.375 8.375 15.375 6.750
322-01 800777484 106,250.00 106,250.00 07/01/98 06/01/28 7.625 6.625 13.625 5.000
322-01 800777567 145,000.00 145,000.00 06/01/98 05/01/28 10.000 9.000 16.000 6.250
322-01 800778235 256,500.00 256,500.00 06/01/98 05/01/28 9.500 8.500 15.500 5.500
322-01 800778276 198,000.00 198,000.00 07/01/98 06/01/28 10.125 9.125 16.125 6.250
322-01 800778441 104,000.00 103,940.16 06/01/98 05/01/28 8.750 7.750 14.750 5.000
322-01 800778474 63,700.00 63,700.00 07/01/98 06/01/28 10.500 9.500 16.500 7.125
322-01 800778565 109,600.00 109,600.00 06/01/98 05/01/28 13.375 12.375 19.375 9.500
322-01 800778631 29,750.00 29,741.24 05/01/98 04/01/28 11.875 10.875 17.875 8.050
322-01 800778755 72,750.00 72,750.00 07/01/98 06/01/28 11.375 10.375 17.375 7.750
322-01 800778862 79,200.00 79,200.00 06/01/98 05/01/28 11.625 10.625 17.625 7.500
322-01 800778946 141,300.00 141,300.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-01 800779076 97,000.00 97,000.00 07/01/98 06/01/28 9.625 8.625 15.625 5.250
322-01 800779274 30,000.00 29,992.74 06/01/98 05/01/28 12.750 11.750 18.750 8.250
322-01 800779290 40,000.00 40,000.00 07/01/98 06/01/28 13.375 12.375 19.375 9.500
322-01 800779647 88,200.00 88,200.00 06/01/98 05/01/28 9.625 8.625 15.625 5.875
322-01 800780215 105,600.00 105,600.00 07/01/98 06/01/28 9.375 8.375 15.375 5.500
322-01 800780272 414,000.00 414,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800780363 50,150.00 50,150.00 06/01/98 05/01/28 8.750 7.750 14.750 5.625
322-01 800780454 57,400.00 57,400.00 06/01/98 05/01/28 10.750 9.750 16.750 7.125
322-01 800780470 127,500.00 127,500.00 06/01/98 05/01/28 10.625 9.625 16.625 6.750
322-01 800780538 107,950.00 107,950.00 06/01/98 05/01/28 10.625 9.625 16.625 6.625
322-01 800780850 120,000.00 120,000.00 06/01/98 05/01/28 11.500 10.500 17.500 7.500
322-01 800781197 60,000.00 59,960.75 06/01/98 05/01/28 8.125 7.125 14.125 5.000
322-01 800781262 35,000.00 35,000.00 07/01/98 06/01/28 9.625 8.625 15.625 5.500
322-01 800781643 128,000.00 128,000.00 07/01/98 06/01/28 9.250 8.250 15.250 5.500
322-01 800781908 36,750.00 36,652.81 05/01/98 04/01/13 12.500 11.500 18.500 8.800
322-01 800781932 51,000.00 50,984.99 05/01/98 04/01/28 11.875 10.875 17.875 8.050
322-01 800782203 63,750.00 63,750.00 06/01/98 05/01/28 10.125 9.125 16.125 6.750
322-01 800782286 73,100.00 73,100.00 06/01/98 05/01/28 8.375 8.375 14.375 5.375
322-01 800782534 117,900.00 117,900.00 06/01/98 05/01/28 10.250 9.250 16.250 7.375
322-01 800782690 74,700.00 74,644.57 06/01/98 05/01/28 9.500 8.500 15.500 5.500
322-01 800782914 44,550.00 44,507.15 05/01/98 04/01/28 9.625 9.625 15.625 6.625
322-01 800783235 116,250.00 116,250.00 07/01/98 06/01/28 9.750 8.750 15.750 6.250
322-01 800783300 133,200.00 133,200.00 06/08/98 05/08/28 9.625 8.625 15.625 6.000
322-01 800783383 148,680.00 148,680.00 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-01 800783482 160,200.00 160,200.00 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-01 800783789 157,500.00 157,411.70 05/01/98 04/01/28 8.875 7.875 14.875 5.500
322-01 800783821 42,900.00 42,900.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800784258 104,000.00 104,000.00 07/01/98 06/01/28 8.125 7.125 14.125 5.000
322-01 800784910 137,700.00 137,700.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800785149 55,250.00 55,250.00 07/01/98 06/01/28 13.125 12.125 19.125 8.750
322-01 800786055 136,000.00 135,938.22 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800786154 172,240.00 172,240.00 07/01/98 06/01/28 11.625 10.625 17.625 8.000
322-01 800786311 95,250.00 95,250.00 07/01/98 06/01/28 9.125 8.125 15.125 5.750
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 7 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800786493 VERIOS NINA NOSSIS 42 WESTBURY STREET EAST ISLIP NY 11730
322-01 800786535 HESTER ANGELA 218 EAST FOURTH STREET MOUNT VERNON NY 10550
322-01 800786626 CABALLERO LUIS ALBERTO JR 44 THE PLACE GLENCOVE NY 11542
322-01 800787004 ERNST PHILLIP 2925 WEST RASCHER AVE CHICAGO IL 60625
322-01 800787285 TORALES JOSE A 29291 STAGECOACH BOULEVARD EVERGREEN CO 80439
322-01 800787426 ZAJICEK RANDALL S 217 MAIN STREET EAST SILVER LAKE MN 55381
322-01 800787483 TORALES JOSE A 29331 STAGECOACH BLVD EVERGREEN CO 80439
322-01 800787897 PACHECO FERNANDO JR 7420 WEST CYPRESS STREET PHOENIX AZ 85035
322-01 800787988 GRAGG BRIAN L 5466 SOUTH RAINBOW ROAD BUCKEYE AZ 85326
322-01 800788184 GRIBNITZ DEAN 1406 51ST AVENUE NORTH ST PETERSBURG FL 33703
322-01 800788663 MCKELLIP SALLY L 319 EL PASO STREET SOUTH COLORADO SPRINGS CO 80903
322-01 800788762 SORIA ELPIDO G 2237 86TH AVENUE OAKLAND CA 94605
322-01 800788986 PEASE LISA 439 MONROE AVENUE SCRANTON PA 18510
322-01 800789034 RICHARDS RONALD A 2246 RISHER ROAD SW WARREN OH 44485
322-01 800790131 FANNIN LINDA A 18235 SERRERA AVENUE SPRING HILL FL 34610
322-01 800790206 CRUZ FRANCISCO 555 EAST 15TH STREET HIALEAH FL 33010
322-01 800790313 VARNSON ALAN 2534 IVY PLANTATION DRIVE BUFORD GA 30519
322-01 800791204 LASCO DAVID A LOT 1 LEWIS LANDING ESTATE GREENFIELD PA 18413
322-01 800791907 DEES RUSSELL M. 3621 6TH AVENUE NORTH ST PETERSBURG FL 33713
322-01 800791972 HEETER ROBERT J 6286 BROOKS BOULEVARD MENTOR OH 44060
322-01 800792533 CHAUVIN DANIEL E 7027 NORTH 14TH AVENUE PHOENIX AZ 85021
322-01 800792848 LUJAN RUMALDO 428 ROBIN MEADOW ROAD NW ALBUQUERQUE NM 87114
322-01 800792905 GINTER BEN-D CATHERINE 785 HANOVER STREET NEW OXFORD PA 17350
322-01 800793002 PORTERFIELD GEORGE 306 ELLSWORTH STREET SHARON PA 16146
322-01 800793523 NEWHOUSE MARY CATHERINE 515 CLEWELL STREET BETHLEHEM PA 18015
322-01 800793564 ST JOHN, J ANDREW 840 MOORES MILL RD ATLANTA GA 30327
322-01 800793713 RUFFALO JOSEPH T RR 2 BOX 294G GREENTOWN PA 18426
322-01 800793747 JOE MARLON 734 EAST 8TH STREET BROOKLYN NY 11230
322-01 800793994 ANDERSON CHESTER L. 3704 CHATAEU LANE INDIANAPOLIS IN 46226
322-01 800794117 BUNDY DEBRA K. 2306 N DELAWARE PEORIA IL 61603
322-01 800794471 MALONE SAMUEL W 1522 CLIFTON SPRINGFEILD OH 45505
322-01 800794513 HANCOCK CHARLES 59 AMHURST PLEASANT RIDGE MI 48069
322-01 800794638 FRAELICH BRIAN D 1236 RODMAN AVE NE MASSILLON OH 44646
322-01 800794893 MCNEIL GEORGEANN 3505 19TH STREET NORTH ST PETERSBURG FL 33704
322-01 800795460 HUMBERT RONALD G 11584 EAST HIGHWAY 86 FRANKTOWN CO 80116
322-01 800795551 HALLEY TODD C. 4434 DEVON DRIVE NEW PORT RICHEY FL 34653
322-01 800796013 CUNNINGHAM DENNIS R 3008 18TH AVENUE WEST BRADENTON FL 34205
322-01 800796195 DELOACH EDDIE WAYNE 3914 CHAUCER LANE SARASOTA FL 34241
322-01 800796658 GLASMANN BILL 2724 PIERCE AVENUE OGDEN UT 84403
322-01 800796963 GABRIEL, CHARLES M 18928 PENINSULA POINT DRIV CORNELIUS NC 28031
322-01 800797334 BILLERMAN JARED M 417 N CHESTER AVE INDIANAPOLIS IN 46201
322-01 800797359 OTERO AMILCAR 88 EAST SMITH STREET AMITYVILLE NY 11701
322-01 800797631 ADKINS KAY 3516 CONNON DRIVE NEW PORT RICHEY FL 34652
322-01 800797920 ZOYES DEAN A 4375 BISHOP DETROIT MI 48224
322-01 800798332 LEITZMAN JAMES E JR 3421 SOUTH GENOA STREET AURORA CO 80013
322-01 800798399 SCHOLL ROBERT J 5814 COPLAY ROAD WHITEHALL PA 18052
322-01 800798563 BREWSTER PATRICIA A 13 GEORGETOWN AVENUE WILMINGTON DE 19809
322-01 800799272 PONDS LUANN B 7959 BREEZY POINT ROAD EAS MELROSE FL 32666
322-01 800799793 JOHNSON JANET 165 GILBERT STREET WEST HAVEN CT 06516
322-01 800799801 WILSON DAVID K 5 MORRIS ROAD PROSPECT CT 06712
322-01 800799892 SCHRADER WAYNE D 6 STILSON HILL ROAD NEW MILFORD CT 06776
322-01 800800427 CESPEDES MIGUELINA 1105 W LINDEN STREET ALLENTOWN PA 18102
322-01 800800682 ENNIS ARTHUR G 34300 GLOUSTER COURT FARMINGTON HILLS MI 48331
322-01 800800807 SWANN JUDITH M 439 OFFING DRIVE FAYETTEVILLE NC 28314
322-01 800801607 ALCOZER CARLOS 1327 N. KEALING AVENUE INDIANAPOLIS IN 46201
322-01 800801698 SINGH RICHARD 90 30 179TH STREET JAMAICA NY 11424
322-01 800801797 GIPSON ISAIAH 436 ENGLEWOOD AVENUE BELLWOOD IL 60104
322-01 800802175 OLIPHANT FRANK 2417 GROVE STREET SOUTH ST PETERSBURG FL 33712
322-01 800802761 RAWLINGS BENNIE JR 3370 DALE LANE ATLANTA GA 30311
322-01 800802811 GIERTZ GARY DEAN 3925 WEST CHARTER OAK ROAD PHOENIX AZ 85029
322-01 800802886 JONES MICHELLE L. 9101 03 MORRIS COURT CLEVELAND OH 44106
322-01 800802985 TINTINGER ROBERT 3416 WEST SIERRA VISTA DR PHOENIX AZ 85017
322-01 800803405 AUMAN GAYLE 7226 W SIERRA VISTA DRIVE GLENDALE AZ 85303
322-01 800803462 ROBINSON ERIC SCOTT 12028 WEST VIRGINIA DRIVE LAKEWOOD CO 80228
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 7 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800786493 138,550.00 138,550.00 06/01/98 05/01/28 10.250 10.250 16.250 7.250
322-01 800786535 202,067.00 202,016.72 06/01/98 05/01/28 12.625 11.625 18.625 8.125
322-01 800786626 130,000.00 130,000.00 07/01/98 06/01/28 10.000 10.000 16.000 7.000
322-01 800787004 125,000.00 125,000.00 06/01/98 05/01/28 10.500 9.500 16.500 6.375
322-01 800787285 171,500.00 171,500.00 06/01/98 05/01/28 10.625 9.625 16.625 7.500
322-01 800787426 40,900.00 40,900.00 06/01/98 05/01/28 13.125 12.125 19.125 8.750
322-01 800787483 171,500.00 171,500.00 06/01/98 05/01/28 10.625 9.625 16.625 7.500
322-01 800787897 39,000.00 38,979.77 06/01/98 05/01/28 9.250 8.250 15.250 5.875
322-01 800787988 85,000.00 84,964.35 06/01/98 05/01/28 10.250 9.250 16.250 6.875
322-01 800788184 54,400.00 54,400.00 07/01/98 06/01/28 10.125 9.125 16.125 5.750
322-01 800788663 35,000.00 35,000.00 07/01/98 06/01/28 8.375 7.375 14.375 4.750
322-01 800788762 107,000.00 107,000.00 07/01/98 06/01/28 11.250 10.250 17.250 7.375
322-01 800788986 52,500.00 52,500.00 07/01/98 06/01/28 8.875 7.875 14.875 5.250
322-01 800789034 40,000.00 40,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800790131 45,815.00 45,815.00 07/01/98 06/01/28 9.625 8.625 15.625 6.750
322-01 800790206 68,000.00 68,000.00 07/01/98 06/01/28 9.000 8.000 15.000 5.000
322-01 800790313 359,550.00 359,550.00 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-01 800791204 198,000.00 198,000.00 07/01/98 06/01/28 9.125 8.125 15.125 5.250
322-01 800791907 65,700.00 65,700.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800791972 100,000.00 100,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800792533 36,400.00 36,383.02 06/01/98 05/01/28 9.750 8.750 15.750 6.375
322-01 800792848 95,400.00 95,400.00 07/01/98 06/01/28 10.375 9.375 16.375 6.000
322-01 800792905 144,500.00 144,500.00 07/01/98 06/01/28 10.125 9.125 16.125 6.750
322-01 800793002 34,400.00 34,400.00 07/01/98 06/01/28 12.375 11.375 18.375 8.000
322-01 800793523 52,000.00 51,985.53 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-01 800793564 214,400.00 214,400.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800793713 56,800.00 56,800.00 07/01/98 06/01/28 9.125 8.125 15.125 4.750
322-01 800793747 140,000.00 140,000.00 07/01/98 06/01/28 13.000 12.000 19.000 9.125
322-01 800793994 57,600.00 57,600.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800794117 37,400.00 37,400.00 07/01/98 06/01/28 10.875 9.875 16.875 7.000
322-01 800794471 48,000.00 48,000.00 07/01/98 06/01/28 9.750 8.750 15.750 5.500
322-01 800794513 135,000.00 135,000.00 07/01/98 06/01/28 11.125 10.125 17.125 7.250
322-01 800794638 42,700.00 42,700.00 07/01/98 06/01/28 9.375 8.375 15.375 5.750
322-01 800794893 46,800.00 46,800.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800795460 120,000.00 120,000.00 07/01/98 06/01/28 11.000 10.000 17.000 7.500
322-01 800795551 83,640.00 83,640.00 07/01/98 06/01/28 10.875 9.875 16.875 6.500
322-01 800796013 72,000.00 72,000.00 07/01/98 06/01/28 10.125 9.125 16.125 5.750
322-01 800796195 72,000.00 72,000.00 07/01/98 06/01/28 9.375 8.375 15.375 5.750
322-01 800796658 166,400.00 166,400.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800796963 450,000.00 450,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800797334 37,600.00 37,600.00 07/01/98 06/01/28 10.125 9.125 16.125 5.750
322-01 800797359 40,000.00 40,000.00 07/01/98 06/01/28 11.250 10.250 17.250 7.625
322-01 800797631 34,600.00 34,600.00 07/01/98 06/01/28 9.125 8.125 15.125 5.250
322-01 800797920 102,000.00 102,000.00 07/01/98 06/01/28 8.250 7.250 14.250 5.000
322-01 800798332 117,000.00 117,000.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800798399 52,400.00 52,400.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-01 800798563 72,500.00 72,500.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-01 800799272 44,625.00 44,625.00 07/01/98 06/01/28 10.625 9.625 16.625 6.750
322-01 800799793 42,250.00 42,250.00 07/01/98 06/01/28 13.375 12.375 19.375 8.750
322-01 800799801 181,000.00 181,000.00 07/01/98 06/01/28 11.000 10.000 17.000 7.875
322-01 800799892 105,000.00 105,000.00 06/01/98 05/01/28 9.875 8.875 15.875 6.125
322-01 800800427 37,500.00 37,500.00 06/01/98 05/01/28 9.000 8.000 15.000 5.500
322-01 800800682 182,000.00 182,000.00 06/01/98 05/01/28 9.000 8.000 15.000 5.375
322-01 800800807 76,500.00 76,500.00 07/01/98 06/01/28 9.375 8.375 15.375 6.250
322-01 800801607 43,300.00 43,300.00 07/01/98 06/01/28 11.375 10.375 17.375 7.000
322-01 800801698 210,500.00 210,500.00 07/01/98 06/01/28 12.750 11.750 18.750 9.000
322-01 800801797 80,000.00 80,000.00 08/01/98 07/01/28 8.875 7.875 14.875 5.000
322-01 800802175 40,500.00 40,500.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800802761 82,800.00 82,800.00 07/01/98 06/01/28 9.625 8.625 15.625 6.000
322-01 800802811 130,000.00 129,930.81 06/01/98 05/01/28 9.125 8.125 15.125 5.750
322-01 800802886 50,100.00 50,100.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800802985 68,400.00 68,368.92 06/01/98 05/01/28 9.875 8.875 15.875 6.500
322-01 800803405 76,500.00 76,500.00 06/01/98 05/01/28 10.000 9.000 16.000 6.625
322-01 800803462 120,000.00 120,000.00 07/01/98 06/01/28 10.625 9.625 16.625 6.500
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 8 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800803595 HOOVER GARY A 30 SCENIC DRIVE HOLLIDAYSBURG PA 16648
322-01 800803835 FAYCURRY SALEH 2496 WICKFIELD W BLOOMFIELD MI 48323
322-01 800804734 BAUBLITZ C RAYMOND 118 94TH STREET STONE HARBOR NJ 08247
322-01 800805400 WILSON DORRIS E 602 BEECH ST GAFFNEY SC 29340
322-01 800805780 SHARMA VIKRAM 241-34 85TH ROAD BELLEROSE NY 11426
322-01 800806796 NASH KEVIN M 5707 EAST 20TH STREET INDIANAPOLIS IN 46218
322-01 800806903 RAMON DANIEL 6710 SPRING FLOWER COURT KRUM TX 76249
322-01 800807554 ZERN DONNA E 295 WEST DAVIES AVE SOUTH LITTLETON CO 80120
322-01 800807653 BUGGS-MCDILL VONDRA R 1616 N BALLENGER HWY FLINT MI 48504
322-01 800807927 AKIN DOLAPO 1906 ROSEDALE STREET NE WASHINGTON DC 20002
322-01 800808040 DYER NORRIS 18103 145TH AVENUE SPRINGFIELD GARDENS NY 11413
322-01 800809071 TORRES JUAN 232 22ND AVENUE PATERSON NJ 07514
322-01 800809162 DEON JOHN F 5 MEADOWLARK LANE LITTLETON CO 80123
322-01 800810350 NARRIN NANCY J 905 STATE STREET ALGONAC MI 48001
322-01 800810616 PETERSON JAMES 51 LIBERTY STREET NEWBURGH NY 12550
322-01 800810657 KIM PETER DAEJOONG 724 TALL OAKS COURT FRANKLIN LAKES NJ 07417
322-01 800810756 NOVOTNY JOHN ALBERT 11895 HIGHWAY 196 LAMAR CO 81052
322-01 800810996 TRAW PERRY D 3906 LOCHVIEW COURT MYRTLE BEACH SC 29575
322-01 800811457 DEVITO ALLEN F 439 KING STREET COHASSET MA 02025
322-01 800812034 GARRIGUS ROBERT E. 7116 6TH AVENUE NORTHWEST BRADENTON FL 34209
322-01 800812083 SINGLEY ETHEL M 226 WERTS AVENUE NEWBERRY SC 29108
322-01 800812125 NEWELL MARY 642 SOUTHERN AVENUE PITTSBURGH PA 15211
322-01 800813339 SHULTZ RALPH 605 CANDLEWOOD EST BLAKESLEE PA 18610
322-01 800813743 CAREY ROBERT A 9524 FRUITLAND AVE E PUYALLUP WA 98371
322-01 800814154 LAMEE KEITH 410 EAST HILLS ROAD COLORADO SPRINGS CO 80909
322-01 800814386 AMMAN JEAN S 1729 WEATHERBURN ROAD NEW CUMBERLAND PA 17070
322-01 800814469 ZARZYCZNY BARRY L 1035 WEST SOUTHERN AVENUE SOUTH WILLIAMSPORT PA 17701
322-01 800814584 STEADMAN ALFRED W RD1 MCCLINTOCKVILLE ROAD OIL CITY PA 16301
322-01 800814865 ROGERS PAMELA J 3459 RIVERVIEW CHASE DRIVE ELLENWOOD GA 30294
322-01 800814964 LAWRENCE REUBEN K 2440 WOOD MEADOWS DRIVE MARIETTA GA 30064
322-01 800815102 HLAVAY GEORGE M 74 BULGER BLOCK ROAD BULGER PA 15019
322-01 800815128 TSAGANOS ROBERT G 108 STONEPINE DRIVE KENNETT SQUARE PA 19348
322-01 800815169 MITCHELL SANDRA 1302 SYLVAN AVENUE HOMESTEAD PA 15120
322-01 800815367 TUNNEY DEBRA M 600 PINE ROAD FORT WASHINGTON MD 20744
322-01 800815490 PRENDERGAST STEPHEN J 122 SOUTH HYDE PARK AVE SCRANTON PA 18504
322-01 800815748 WIDUNAS GEORGE 4933 PERIDIA BOULEVARD BRADENTON FL 34203
322-01 800816076 CORDERO FRANCISCO J 4034 OSAGE STREET DENVER CO 80211
322-01 800816258 DANTZLER JESSIE 1401 SOUTH 10TH STREET CAMDEN NJ 08104
322-01 800816712 DERTOUZOS JERRY 609 TINDALL AVENUE HAMILTON NJ 08610
322-01 800816779 PRICE JEAN 506 12TH AVENUE NORTH ST PETERSBURG FL 33710
322-01 800817314 MEYER JAMES R 2509 MANDERY AVE CINCINNATI OH 45214
322-01 800817553 CORTES RICARDO M 3908 WEST SHEILA LANE PHOENIX AZ 85019
322-01 800817587 BUTA PHILIP J 3625 WEST HADLEY STREET PHOENIX AZ 85009
322-01 800817983 FABIO JUAN 4115 MARKLAND STREET PHILADELPHIA PA 19124
322-01 800818130 ZUBACK RAYMOND L 960 CANAL STREET FLEMINGTON PA 17745
322-01 800818924 ANGLEZIS DEMETRIS 6507 NORTH BOSWORTH CHICAGO IL 60626
322-01 800820052 VEASEY THOMAS DAVID 6205 SUE PAGE DRIVE TALLAHASSEE FL 32310
322-01 800820383 BROWN MAURICE D 717 SOUTHWEST 2ND PLACE RONAN MT 59864
322-01 800820409 WHITWORTH SANDRA 38752 GOLFVIEW CLINTON TWP MI 48038
322-01 800821530 HANCOCK DAWN T 1268 MARLEE ROAD JACKSONVILLE FL 32259
322-01 800821563 BACKSTROM KENNETH F 10 WINDING WAY WEST MORRISVILLE PA 10967
322-01 800821654 WILLIAMS ROBERT D JR 5856 109TH AVENUE PULLMAN MI 49450
322-01 800821761 HUGHES ROBERT D 19431 PRAIRIE BAPTIST RD NOBLESVILLE IN 46060
322-01 800821811 ONYEKA EPHRAIM O. 922 WEST 174TH STREET EAST HAZEL CREST IL 60429
322-01 800821852 BILBEE STEWART N. 1523 EAST 37TH STREET MARION IN 46953
322-01 800821993 DIAZ HECTOR J 15805 KNOLLVIEW DRIVE TAMPA FL 33624
322-01 800823106 BINGHAM PAUL R 3920 SHELLEY AVENUE COLORADO SPRINGS CO 80910
322-01 800823437 CEBECI KADEM 141 ELM DRIVE LEVITTOWN NY 11756
322-01 800823536 CROUSE ROBERT JOHN 235 NEW BROOKLYN CEDARBROO WINSLOW NJ 08095
322-01 800823791 BARRETT J LEE 2621 SOUTH ORANGE MESA AZ 85210
322-01 800823825 MINNEY JERROLD L 1520 VRAIN STREET DENVER CO 80204
322-01 800824179 BRITTON JACQUELINE C 1826 WEST NORTH AVENUE BALTIMORE MD 21217
322-01 800824211 BRITTON JACQUELINE C 3722 WOODHAVEN AVENUE BALTIMORE MD 21216
322-01 800824278 LONG LESTER L 708 NORTH 13TH STREET READING PA 19604
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 7 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800803595 136,800.00 136,800.00 07/01/98 06/01/28 9.375 8.375 15.375 6.250
322-01 800803835 160,000.00 160,000.00 06/01/98 05/01/28 9.500 8.500 15.500 6.625
322-01 800804734 314,000.00 313,838.45 04/01/98 03/01/28 12.500 11.500 18.500 8.650
322-01 800805400 39,100.00 39,100.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800805780 146,000.00 146,000.00 07/01/98 06/01/28 11.125 10.125 17.125 7.750
322-01 800806796 46,200.00 46,200.00 07/01/98 06/01/28 11.375 10.375 17.375 7.000
322-01 800806903 119,425.00 119,425.00 07/01/98 06/01/18 10.500 9.500 16.500 6.250
322-01 800807554 191,700.00 191,568.07 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-01 800807653 41,600.00 41,600.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800807927 87,200.00 87,200.00 07/01/98 06/01/28 9.375 8.375 15.375 5.750
322-01 800808040 156,000.00 156,000.00 07/01/98 06/01/28 9.000 8.000 15.000 5.500
322-01 800809071 148,750.00 148,750.00 06/01/98 05/01/28 11.500 10.500 17.500 7.800
322-01 800809162 449,900.00 449,900.00 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-01 800810350 76,000.00 76,000.00 07/01/98 06/01/28 10.250 9.250 16.250 6.625
322-01 800810616 58,000.00 58,000.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-01 800810657 371,700.00 371,700.00 07/01/98 06/01/28 10.625 9.625 16.625 6.500
322-01 800810756 76,500.00 76,500.00 07/01/98 06/01/28 10.250 9.250 16.250 6.250
322-01 800810996 91,200.00 91,200.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800811457 162,000.00 162,000.00 07/01/98 06/01/28 11.000 10.000 17.000 6.750
322-01 800812034 176,000.00 176,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800812083 68,400.00 68,400.00 07/01/98 06/01/28 9.000 8.000 15.000 5.500
322-01 800812125 38,700.00 38,700.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800813339 146,250.00 146,250.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-01 800813743 171,200.00 171,123.48 07/01/98 06/01/28 13.125 12.125 19.125 9.750
322-01 800814154 97,665.00 97,665.00 07/01/98 06/01/28 11.375 10.375 17.375 7.000
322-01 800814386 81,900.00 81,900.00 07/01/98 06/01/28 9.375 8.375 15.375 6.250
322-01 800814469 49,700.00 49,700.00 07/01/98 06/01/28 10.750 9.750 16.750 6.750
322-01 800814584 18,700.00 18,700.00 07/01/98 06/01/28 8.250 7.250 14.250 4.250
322-01 800814865 121,465.00 121,465.00 07/01/98 06/01/28 9.375 8.375 15.375 6.250
322-01 800814964 88,200.00 88,200.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800815102 65,800.00 65,800.00 07/01/98 06/01/28 9.500 8.500 15.500 6.000
322-01 800815128 421,400.00 421,400.00 07/01/98 06/01/28 10.625 9.625 16.625 6.750
322-01 800815169 33,150.00 33,150.00 07/01/98 06/01/28 11.375 10.375 17.375 7.000
322-01 800815367 180,000.00 180,000.00 06/01/98 05/01/28 9.500 8.500 15.500 5.500
322-01 800815490 45,900.00 45,900.00 07/01/98 06/01/28 9.500 8.500 15.500 6.250
322-01 800815748 123,250.00 123,250.00 07/01/98 06/01/28 9.875 8.875 15.875 6.750
322-01 800816076 139,500.00 139,500.00 07/01/98 06/01/28 8.125 7.125 14.125 5.000
322-01 800816258 28,300.00 28,300.00 07/01/98 06/01/28 12.500 12.500 18.500 9.500
322-01 800816712 124,000.00 124,000.00 07/01/98 06/01/28 10.125 9.125 16.125 6.750
322-01 800816779 45,900.00 45,900.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800817314 55,200.00 55,200.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-01 800817553 50,000.00 50,000.00 06/01/98 05/01/28 9.500 8.500 15.500 6.375
322-01 800817587 45,000.00 45,000.00 06/01/98 05/01/28 10.250 9.250 16.250 7.125
322-01 800817983 33,600.00 33,600.00 07/01/98 06/01/28 11.500 10.500 17.500 7.500
322-01 800818130 38,250.00 38,250.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-01 800818924 130,400.00 130,400.00 07/01/98 06/01/28 12.500 11.500 18.500 8.350
322-01 800820052 56,000.00 56,000.00 07/01/98 06/01/28 10.750 9.750 16.750 7.000
322-01 800820383 92,000.00 92,000.00 06/01/98 05/01/28 9.375 9.375 15.375 5.750
322-01 800820409 79,400.00 79,400.00 07/01/98 06/01/28 11.000 10.000 17.000 7.625
322-01 800821530 118,400.00 118,400.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-01 800821563 129,200.00 129,200.00 07/01/98 06/01/28 11.250 10.250 17.250 7.500
322-01 800821654 52,000.00 52,000.00 07/01/98 06/01/28 10.375 9.375 16.375 6.000
322-01 800821761 215,000.00 215,000.00 07/01/98 06/01/28 11.375 10.375 17.375 7.000
322-01 800821811 164,700.00 164,700.00 07/01/98 06/01/28 10.250 9.250 16.250 6.600
322-01 800821852 21,400.00 21,400.00 07/01/98 06/01/28 11.875 10.875 17.875 7.250
322-01 800821993 99,200.00 99,200.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-01 800823106 72,100.00 72,100.00 07/01/98 06/01/28 8.375 7.375 14.375 4.750
322-01 800823437 119,935.00 119,935.00 07/01/98 06/01/28 11.500 10.500 17.500 7.875
322-01 800823536 101,000.00 101,000.00 06/01/98 05/01/28 10.750 9.750 16.750 7.125
322-01 800823791 148,700.00 148,700.00 06/01/98 05/01/28 10.000 9.000 16.000 6.625
322-01 800823825 75,000.00 75,000.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-01 800824179 24,500.00 24,500.00 07/01/98 06/01/28 10.750 9.750 16.750 6.000
322-01 800824211 31,500.00 31,500.00 07/01/98 06/01/28 10.750 9.750 16.750 6.000
322-01 800824278 39,500.00 39,500.00 07/01/98 06/01/28 9.375 8.375 15.375 6.250
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 9 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800824435 HERMAN THOMAS 123 COLONY DRIVE HOLBROOK NY 11741
322-01 800824625 BALLARD CAROLYN J 1423 MASON ROAD DURHAM NC 27712
322-01 800824757 CARO ARGENTINA C 814 COX AVENUE HYATTSVILLE MD 20783
322-01 800825531 STALLINGS JACQUELINE A 5219 JULES VERNE COURT TAMPA FL 33611
322-01 800825598 CROSBY REGINA MARIE 17224 HILLSBORO ROAD CLEVELAND OH 44112
322-01 800825937 DORSEY ETHEL L 4914 SOUTH LAFLIN CHICAGO IL 60609
322-01 800826141 HUFFMAN SUSAN I 3201 LARKSPUR DRIVE COLORADO SPRINGS CO 80907
322-01 800826745 TIRADO ALONSO M 1323 EAST MONROE STREET COLORADO SPRINGS CO 80907
322-01 800826760 BURKHERT ROY O 3930 NEWBERRY WAYNE MI 48184
322-01 800828386 BLACK ROBERT L 1847 FORSTER STREET HARRISBURG PA 17103
322-01 800828410 WOOLLETT JOHN D IV 2345 LOGAN STREET HARRISBURG PA 17102
322-01 800828618 PARROTT JORGE E 1547 COMPTON STREET ROANOKE VA 24012
322-01 800828691 JAMES TRACEY Y 6812 SUNNYSIDE LANE FT WASHINGTON MD 20744
322-01 800829731 ROWAN GARY A 10863 HORIZON LANE EAST SE PORT ORCHARD WA 98367
322-01 800830648 CAVARRA-BITT JENNIFER 730 FOUR MILE CANYON DR BOULDER CO 80302
322-01 800831026 BALINT TAUNYA M 607 GROSS STREET PITTSBURGH PA 15224
322-01 800831034 AARONSON MARK A 1122 FLORIBUNDA LANE MECHANICSBURG PA 17055
322-01 800831059 WEAVER MICHAEL B 7311 LOCHAVEN STREET ALLENTOWN PA 18106
322-01 800831224 CASON JOHN STEVE 2030 LUKE EDWARDS ROAD DACULA GA 30019
322-01 800831430 HALASYN CHARMAINE B 161 DARBY COURT DUNEDIN FL 34698
322-01 800831539 JOHNSON KAREN 3161 ADAMS MILL ROAD NORTH WASHINGTON DC 20010
322-01 800832743 DAVENPORT LAWRENCE F 713 S. ROSE STREET BALTIMORE MD 21224
322-01 800833501 SCHROEDER SHIRLEY A 26263 REDWOOD DRIVE OLMSTED FALLS OH 44138
322-01 800834319 FERRARA JOHN 145 MAIN STREET MOCANAQUA PA 18655
322-01 800834921 WELDON CHRISTINA L 8850 GLEN LAKES BOULEVARD ST PETERSBURG FL 33702
322-01 800835399 SALZAN MARK 10 BROOKHAVEN DRIVE SOUND BEACH NY 11789
322-01 800837197 GILMORE LEROY I 26 FAIRVIEW AVENUE YEADON PA 19050
322-01 800837338 BETZ EUGENE C 1581 JACQUELINE HOLT MI 48842
322-01 800838179 DIEHL BARBARA E 921 SHADYSIDE AVENUE CANTON OH 44710
322-01 800839581 FOX DAVID M 8456 PITTSBURGH BOULEVARD FORT MYERS FL 33912
322-01 800841660 SORRENTINO PATRICK 194 OAK STREET NEW BRITIAN CT 06051
322-01 800841751 WERNER ARCH P 6111 BLUE VALLEY AVENUE HARRISBURG PA 17112
322-01 800842155 VILLA RHONDA M 1513 PLAZA VERDE DRIVE EL PASO TX 79912
322-01 800842643 BARNEY NEIL 9038 SOUTH 220 EAST SANDY UT 84070
322-01 800843591 HOLMES HENRY LEE 2920 WEST 4TH STREET JACKSONVILLE FL 32205
322-01 800844987 FISHER DANA 7 DERBY STREET EAST ORANGE NJ 07019
322-01 800846610 HEWITT ROBERT J 466 WASHINGTON STREET ALLENTOWN PA 18103
322-01 800848285 BOOTY MARLIN E 1967 PARK BROWN ROAD HARRINGTON DE 19952
322-01 800848814 FERNANDEZ KEVIN A 120 EAST PENNYWOOD AVENUE ROOSEVELT NY 11575
322-01 800849556 ARENS CHARLES FRED 1935 RESERVOIR ROAD GREELEY CO 80631
322-01 800849739 MCDANNALD GARY E 206 GRENER AVENUE NORTH COLUMBUS OH 43228
322-01 800849903 HATCHER JAMES 4628 16TH AVENUE SOUTH ST PETERSBURG FL 33711
322-01 800849952 GASTELUM JESUS I 3942 LIPAN STREET DENVER CO 80211
322-01 800851081 GABRIELE JAMES R 2911 SOUTHWEST 5TH PLACE CAPE CORAL FL 33914
322-01 800851263 SHEHANE PATRICE 467 HOLLINS ROAD WILMINGTON NC 28412
322-01 800851743 CABRERA DANIA 943 EAST 213 STREET BRONX NY 10465
322-01 800853095 WILKS BRADLEY 1193 WEST 250 NORTH ST GEORGE UT 84770
322-01 800855405 BUSSARD MELISSA A. 1705 REX STREET LANSING MI 48910
322-01 800856528 RICHMOND MARY M. 108 N. MARKET STREET CARTHAGE IN 46115
322-01 800857393 BEST DINAH 24 FOURTH STREET MACCLESFIELD NC 27852
322-01 800860249 SMITH HAROLD 1329 NORTHEAST 16TH TERRAC CAPE CORAL FL 33909
322-01 800860868 BARRAZA DAVID A 5465 WEST LAZY C DRIVE TUCSON AZ 85745
322-01 800861619 BATTISTINI RAYMOND D. 1850 MOURNING DOVE DRIVE PALM HARBOR FL 34683
322-01 800862120 WILLIAMS CLAUDETTE 88 CANDLEWOOD LANE PINE HI MT POCONO PA 18344
322-01 800862310 PEACOCK CONNIE M 1134 LUCKEY STREET LABELLE FL 33935
322-01 800863128 NAGY JAMES F LOT 702 W LILAC ROAD MILFORD PA 18377
322-01 800863474 HOLMES MARK A 204 WEST EMILY STREET TAMPA FL 33603
322-01 800864126 YOUNG JOHN D 2655 SILENT RAIN DRIVE 1 COLORADO SPRINGS CO 80919
322-01 800864456 SHIMOSKIE JOSEPH 1535 N 28TH STREET ALLENTOWN PA 18104
322-01 800865305 WEBB JAMES 76 HICKORY AVENUE FORT WHITE FL 32038
322-01 800868317 MEDEROS ROBERTO 3011 MOONBEAM CIRCLE NORTH COLORADO SPRINGS CO 80916
322-01 800869919 WEAVER MICHAEL L 7921 ROBIN LN DENVER CO 80221
322-01 800871204 COLE WARREN D JR 3843 42ND STREET NORTH ST PETERSBURG FL 33714
322-01 800876674 LAPP WESLEY A 277 COTTAGE AVENUE WILLIAMSPORT PA 17701
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 9 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800824435 204,000.00 204,000.00 07/01/98 06/01/28 12.375 11.375 18.375 8.750
322-01 800824625 264,000.00 264,000.00 07/01/98 06/01/28 9.250 8.250 15.250 5.500
322-01 800824757 130,400.00 130,400.00 07/01/98 06/01/28 8.500 7.500 14.500 5.000
322-01 800825531 213,350.00 213,350.00 07/01/98 06/01/28 9.875 8.875 15.875 6.750
322-01 800825598 62,400.00 62,400.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800825937 48,400.00 48,400.00 07/01/98 06/01/28 10.000 9.000 16.000 5.750
322-01 800826141 80,000.00 80,000.00 07/01/98 06/01/28 8.000 7.000 14.000 5.500
322-01 800826745 96,000.00 96,000.00 07/01/98 06/01/28 10.250 9.250 16.250 7.500
322-01 800826760 148,700.00 148,700.00 06/01/98 05/01/28 8.750 8.750 14.750 5.500
322-01 800828386 54,000.00 54,000.00 07/01/98 06/01/28 8.750 8.750 14.750 5.500
322-01 800828410 49,500.00 49,500.00 07/01/98 06/01/28 9.250 9.250 15.250 5.500
322-01 800828618 46,750.00 46,750.00 07/01/98 06/01/28 10.625 9.625 16.625 6.750
322-01 800828691 127,800.00 127,800.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-01 800829731 150,000.00 149,929.06 07/01/98 06/01/28 12.875 11.875 18.875 9.500
322-01 800830648 300,000.00 300,000.00 07/01/98 06/01/28 7.250 7.250 13.250 4.250
322-01 800831026 37,600.00 37,600.00 07/01/98 06/01/28 11.500 10.500 17.500 7.500
322-01 800831034 112,000.00 112,000.00 07/01/98 06/01/28 8.125 7.125 14.125 5.000
322-01 800831059 274,500.00 274,500.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-01 800831224 236,250.00 236,250.00 07/01/98 06/01/28 10.250 10.250 16.250 7.375
322-01 800831430 63,000.00 63,000.00 07/01/98 06/01/28 9.375 8.375 15.375 5.750
322-01 800831539 207,000.00 207,000.00 07/01/98 06/01/28 9.375 8.375 15.375 6.250
322-01 800832743 76,950.00 76,950.00 07/01/98 06/01/28 9.625 8.625 15.625 6.750
322-01 800833501 133,200.00 133,200.00 06/01/98 05/01/28 10.500 9.500 16.500 6.200
322-01 800834319 25,550.00 25,550.00 07/01/98 06/01/28 10.125 9.125 16.125 6.350
322-01 800834921 150,300.00 150,300.00 07/01/98 06/01/28 9.375 8.375 15.375 5.750
322-01 800835399 98,807.00 98,751.72 07/01/98 06/01/28 12.125 11.125 18.125 8.250
322-01 800837197 116,000.00 116,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800837338 94,400.00 94,322.60 07/01/98 06/01/28 10.375 9.375 16.375 6.000
322-01 800838179 42,250.00 42,250.00 06/01/98 05/01/28 10.625 9.625 16.625 6.700
322-01 800839581 73,000.00 73,000.00 07/01/98 06/01/28 10.125 9.125 16.125 6.000
322-01 800841660 30,400.00 30,400.00 07/01/98 06/01/28 9.500 9.500 15.500 6.500
322-01 800841751 52,000.00 52,000.00 07/01/98 06/01/28 11.875 10.875 17.875 6.500
322-01 800842155 68,850.00 68,850.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800842643 102,000.00 102,000.00 07/01/98 06/01/28 9.625 8.625 15.625 6.000
322-01 800843591 41,250.00 41,250.00 07/01/98 06/01/28 10.375 9.375 16.375 6.500
322-01 800844987 75,000.00 75,000.00 07/01/98 06/01/28 11.750 10.750 17.750 8.000
322-01 800846610 63,000.00 62,971.64 05/01/98 04/01/28 9.875 8.875 15.875 6.800
322-01 800848285 101,500.00 101,500.00 07/01/98 06/01/28 8.625 7.625 14.625 5.000
322-01 800848814 101,250.00 101,250.00 07/01/98 06/01/28 10.750 9.750 16.750 7.375
322-01 800849556 136,000.00 136,000.00 07/01/98 06/01/28 10.500 9.500 16.500 7.625
322-01 800849739 58,500.00 58,500.00 06/01/98 05/01/28 11.500 10.500 17.500 6.950
322-01 800849903 55,675.00 55,675.00 08/01/98 07/01/28 9.125 8.125 15.125 5.500
322-01 800849952 72,000.00 72,000.00 07/01/98 06/01/28 8.750 7.750 14.750 5.250
322-01 800851081 65,500.00 65,500.00 07/01/98 06/01/28 10.625 9.625 16.625 6.500
322-01 800851263 78,625.00 78,625.00 07/01/98 06/01/28 10.625 9.625 16.625 6.500
322-01 800851743 162,000.00 162,000.00 06/01/98 05/01/28 10.375 9.375 16.375 6.625
322-01 800853095 175,500.00 175,500.00 07/01/98 06/01/28 9.375 8.375 15.375 6.250
322-01 800855405 76,500.00 76,394.87 07/01/98 06/01/28 9.875 8.875 15.875 6.500
322-01 800856528 17,400.00 17,400.00 07/01/98 06/01/28 11.375 10.375 17.375 7.000
322-01 800857393 85,000.00 85,000.00 07/01/98 06/01/28 10.750 9.750 16.750 6.250
322-01 800860249 64,600.00 64,600.00 07/01/98 06/01/28 11.125 10.125 17.125 7.000
322-01 800860868 225,000.00 225,000.00 07/01/98 06/01/28 9.250 8.250 15.250 5.875
322-01 800861619 130,000.00 130,000.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-01 800862120 148,750.00 148,750.00 07/01/98 06/01/28 10.750 9.750 16.750 6.250
322-01 800862310 25,500.00 25,500.00 07/01/98 06/01/28 7.750 7.750 13.750 4.500
322-01 800863128 172,350.00 172,350.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-01 800863474 70,550.00 70,550.00 07/01/98 06/01/28 11.125 10.125 17.125 6.500
322-01 800864126 138,600.00 138,600.00 07/01/98 06/01/28 8.125 7.125 14.125 6.250
322-01 800864456 62,050.00 62,050.00 07/01/98 06/01/28 10.125 9.125 16.125 6.750
322-01 800865305 101,150.00 101,150.00 07/01/98 06/01/28 10.875 9.875 16.875 6.750
322-01 800868317 69,750.00 69,750.00 07/01/98 06/01/28 10.125 9.125 16.125 6.250
322-01 800869919 101,000.00 101,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.500
322-01 800871204 60,800.00 60,800.00 07/01/98 06/01/28 12.375 11.375 18.375 8.000
322-01 800876674 40,500.00 40,500.00 07/01/98 06/01/28 10.875 9.875 16.875 6.750
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 10 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-01 800878019 GUZMAN MIGUEL A 11150 CLERMONT CIRCLE DENVER CO 80233
322-01 800878183 HENDRIX LARRY GENE 8265 LAMAR DRIVE ARVADA CO 80003
322-01 800879389 SCHOLL ROBERT J 4430 FIELDSTONE DRIVE NAZARETH PA 18064
322-01 800881401 SHAFFER EDDIE L 1947 PORTAGE PATH SPRINGFIELD OH 45506
322-01 800882896 MCNEILL WILLIE 801 EAST EIGHTH STREET LUMBERTON NC 28358
322-01 800886624 ORGERA EVELYN L 9265 87TH AVENUE NORTH LARGO FL 33777
322-01 800888711 MOE NIKI LYNN 1700 ASBURY AVENUE EVANSTON IL 60201
------------------------------------------------
583 Sale Total
322-02 161237532 VULPI BETTY 7 CENTERWOOD STREET NORTH BABYLON NY 11703
322-02 161515333 HIGGINS ORLIE M 7745 S ESSEX AVE CHICAGO IL 60649
322-02 161578190 QAZI YOUSAF 1941 JACKSON STREET EVANSTON IL 60201
322-02 161578778 MCKINNEY DAVID E 7210 SUMMERDALE DRIVE HUBER HEIGHTS OH 45424
322-02 161578869 FRYMAN STEVE A 24 SANDHURST DRIVE DAYTON OH 45405
322-02 161589452 ZLOTKOWSKI JOHN T 13456 AVENUE K CHICAGO IL 60633
322-02 161597620 HARRIS EDWAR PATRICIA A 34A GUM ST CABOT AR 72023
322-02 161601315 ESTON CLARENCE WAYNE 513 SUNSET DRIVE PALMYRA MO 63461
322-02 161609425 SCOTT LAMONT 2220 DEERING AVE DAYTON OH 45406
322-02 161619101 HERRERA LINDA 207 MILDRED AVE PITTSBURG CA 94565
322-02 161619234 KRICHBAUM JOHN A 4317 CENTRAL WESTERN SPRINGS IL 60558
322-02 161619812 RITTNER WILLIAM F JR 23701 MANILA CLINTON TWP. MI 48035
322-02 161619820 PRICE CRYSTAL 1450 COLORADO STREET SW GRAND RAPIDS MI 49507
322-02 161622386 COOK DAVID A 1120 KIRBY ROAD LEBANON OH 45036
322-02 161625561 BROWN DORTHY A 1850 MILBURN STREET INDIANAPOLIS IN 46202
322-02 161626999 HOSTON REED 14600 BIRWOOD DETROIT MI 48238
322-02 161627062 HAYES ALONZO J 4058 CLEMENTS DETROIT MI 48238
322-02 161627641 ROBINSON LONNIE 302 CHESTNUT STREET LAURA OH 45377
322-02 161627765 RABB STEPHANY D 1308 MAROT ROAD DAYTON OH 45427
322-02 161627880 JASPER WADE 136 PRATT STREET FRANKLIN IN 46131
322-02 161627997 KUMKOSKI MARK A 1239 HOME AVENUE ANDERSON IN 46016
322-02 161628342 SAMPATH SESHADRI H 6592 BURTON WOOD DRIVE W BLOOMFIELD MI 48322
322-02 161630074 GILMORE JANICE M 7125 SOUTH SANGAMON CHICAGO IL 60621
322-02 161632187 LEONARD CAROL JEAN 138 N ALLEGHANY EL DORADO KS 67042
322-02 161632427 AKADIRI MASSIA A 1624 W GREENLEAF #2N CHICAGO IL 60626
322-02 161632575 STAPLETON RETHA 306 JAYNE STREET STRATFORD OK 74872
322-02 161632898 BIENVENU GARY PAUL SR 1004 BROUSSARD ROAD PARKS LA 70582
322-02 161633557 HARTELL TILLMAN L 620 S 20TH MAYWOOD IL 60153
322-02 161633623 RICE BRIAN P 112 RIVER BEND DRIVE CLAREMORE OK 74017
322-02 161633912 MC NICHOLS WILLIAM J 1 N 719 MAIN ST GLEN ELLYN IL 60137
322-02 161634613 SAMANCI YAVUZ 851 WOODS HOLLOW ROAD WESTFORD VT 05494
322-02 161635123 CONVERSE DAVID M 50 FARRANTS STREET NEWPORT VT 05855
322-02 161636048 DALY THOMAS J 1029 FLORIDA LN ELK GROVE VILLAGE IL 60007
322-02 161636097 WHITE OTIS D 17700 ROSEWOOD TERR COUNTRY CLUB HILLS IL 60478
322-02 161636329 BREEDING ROGER 27 WOODLAND STATION SEAFORD DE 19973
322-02 161636436 MORGAN BELINDA A 7949 SOUTH COLFAX AVENUE CHICAGO IL 60617
322-02 161636923 TEMPLE CLYDE JR 1608 15TH STREET ORANGE TX 77630
322-02 161636949 CHAPMAN BRADLEY A 7426 STAGECOACH ROAD DUBLIN CA 94568
322-02 161637699 EVANS PAULA E 3205 S 42ND ST FORT SMITH AR 72903
322-02 161637830 CREED NANCY KAY 3948 HIGHWAY 190 SOUTH PRATTSVILLE AR 72129
322-02 161637889 MCNAMARA ALICE 7930 ALLISON AVE DAYTON OH 45415
322-02 161638580 SMOLARCZYK JOHN 5247 SOUTH MENARD AVENUE CHICAGO IL 60638
322-02 161638598 MEDINA TERESA G 235 WEST 700 NORTH CLEARFIELD UT 84015
322-02 161639257 MACON ELIZABETH 4833 W GLADYS CHICAGO IL 60644
322-02 161639364 CHIMENTO RICHARD KENNETH 415 GRACIELA CIRCLE ST. AUGUSTINE FL 32086
322-02 161639422 GLINSKI ADAM P 1808 COUNTRY HILLS DR YORKVILLE IL 60560
322-02 161639588 BOLANOS ADOLFO 1774 STOCKTON DES PLAINES IL 60018
322-02 161639612 WRIGHT CAROL A 7809 S NEW CASTLE AVENUE BURBANK IL 60459
322-02 161639695 BECK JOHN W ROUTE 6 BOX 1395 GALINA MO 65656
322-02 161639877 MERCADO GENEROSO M 274 MEADOW PATH SAN ANTONIO TX 78227
322-02 161640560 CALDERON ROSA 47 SABBATH DAY HILL ROAD SOUTH SALEM NY 10590
322-02 161640834 KLOSTERMAN JELMA 115 E MAPLE STREET RHODES IA 50234
322-02 161640883 DUFFEY MICHAEL P 1439 WEST 400 SOUTH HURRICANE UT 84737
322-02 161640990 SWAEKAUSKI KATHLEEN 8627 W 44TH PLACE LYONS IL 60534
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 10 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-01 800878019 115,600.00 115,600.00 07/01/98 06/01/28 8.625 7.625 14.625 5.000
322-01 800878183 119,200.00 119,200.00 07/01/98 06/01/28 9.500 8.500 15.500 5.500
322-01 800879389 116,000.00 116,000.00 07/01/98 06/01/28 12.125 11.125 18.125 8.000
322-01 800881401 52,600.00 52,600.00 07/01/98 06/01/28 12.625 11.625 18.625 8.700
322-01 800882896 49,000.00 49,000.00 08/01/98 07/01/28 8.875 7.875 14.875 5.000
322-01 800886624 72,250.00 72,250.00 07/01/98 06/01/28 10.875 9.875 16.875 6.750
322-01 800888711 499,900.00 499,900.00 07/01/98 06/01/28 9.375 8.375 15.375 5.500
--------------------------------------------- ----------------------------------------
583 66,354,980.00 66,328,607.58 10.282 9.348 16.282 6.686
322-02 161237532 86,400.00 85,978.86 10/01/96 09/01/26 11.875 11.875 17.875 8.250
322-02 161515333 161,100.00 160,433.93 08/01/97 07/01/27 10.500 9.500 16.500 5.750
322-02 161578190 165,900.00 165,386.96 12/01/97 11/01/27 10.125 9.125 16.125 6.000
322-02 161578778 79,000.00 78,967.75 05/01/98 04/01/28 10.375 9.375 16.375 7.300
322-02 161578869 69,300.00 69,191.82 02/01/98 01/01/28 10.625 9.625 16.625 7.300
322-02 161589452 70,400.00 70,318.21 02/01/98 01/01/28 12.000 12.000 18.000 9.050
322-02 161597620 105,000.00 104,901.12 03/01/98 02/01/28 11.625 10.625 17.625 7.100
322-02 161601315 42,400.00 42,361.67 02/01/98 01/01/28 13.125 12.125 19.125 9.050
322-02 161609425 37,800.00 37,753.29 03/01/98 02/01/28 10.375 9.375 16.375 7.300
322-02 161619101 50,000.00 49,945.18 06/01/98 05/01/28 9.000 8.000 15.000 5.500
322-02 161619234 344,100.00 343,886.12 05/01/98 04/01/28 8.375 7.375 14.375 5.000
322-02 161619812 60,000.00 59,979.74 05/01/98 04/01/28 11.250 11.250 17.250 8.050
322-02 161619820 88,200.00 88,163.02 05/01/98 04/01/28 10.250 9.250 16.250 7.125
322-02 161622386 165,000.00 164,841.28 05/01/98 04/01/28 9.625 8.625 15.625 7.000
322-02 161625561 20,400.00 20,393.30 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-02 161626999 32,800.00 32,731.18 03/01/98 02/01/28 9.250 8.250 15.250 5.300
322-02 161627062 48,000.00 47,962.70 04/01/98 03/01/28 10.625 9.625 16.625 6.800
322-02 161627641 76,000.00 75,977.63 05/01/98 04/01/28 11.875 10.875 17.875 8.200
322-02 161627765 31,400.00 31,373.55 06/01/98 05/01/28 10.250 9.250 16.250 6.000
322-02 161627880 51,100.00 51,080.24 05/01/98 04/01/28 10.625 9.625 16.625 6.500
322-02 161627997 32,000.00 31,991.09 05/01/98 04/01/28 12.125 11.125 18.125 8.000
322-02 161628342 406,400.00 406,205.31 05/01/98 04/01/28 9.625 8.625 15.625 6.200
322-02 161630074 56,100.00 56,033.00 03/01/98 02/01/28 11.875 10.875 17.875 7.950
322-02 161632187 104,000.00 103,856.37 05/01/98 04/01/28 7.875 6.875 13.875 4.500
322-02 161632427 46,750.00 46,725.76 05/01/98 04/01/28 9.250 8.250 15.250 5.500
322-02 161632575 33,800.00 33,781.61 05/01/98 04/01/28 12.250 11.250 18.250 8.250
322-02 161632898 72,000.00 71,937.72 05/01/98 04/01/28 10.125 9.125 16.125 6.500
322-02 161633557 83,300.00 83,215.53 05/01/98 04/01/28 9.375 8.375 15.375 5.250
322-02 161633623 71,000.00 70,969.15 05/01/98 04/01/28 13.250 12.250 19.250 9.000
322-02 161633912 89,600.00 89,548.45 05/01/98 04/01/28 8.750 7.750 14.750 5.000
322-02 161634613 184,000.00 183,881.82 05/01/98 04/01/28 11.500 10.500 17.500 7.500
322-02 161635123 162,000.00 161,852.19 05/01/98 04/01/28 9.875 8.875 15.875 5.750
322-02 161636048 187,000.00 186,862.36 05/01/98 04/01/28 10.875 9.875 16.875 7.250
322-02 161636097 100,000.00 99,975.81 05/01/98 04/01/28 12.750 11.750 18.750 8.500
322-02 161636329 182,700.00 182,509.83 05/01/98 04/01/28 9.250 8.250 15.250 6.000
322-02 161636436 100,300.00 100,233.79 05/01/98 04/01/28 11.375 10.375 17.375 7.250
322-02 161636923 49,000.00 49,000.00 06/01/98 05/01/28 9.875 8.875 15.875 5.750
322-02 161636949 165,000.00 165,000.00 06/01/98 05/01/28 9.375 8.375 15.375 6.000
322-02 161637699 57,700.00 57,670.09 05/01/98 04/01/28 9.250 8.250 15.250 5.500
322-02 161637830 48,300.00 48,300.00 06/01/98 05/01/28 10.750 9.750 16.750 6.500
322-02 161637889 68,900.00 68,874.91 05/01/98 04/01/28 10.875 9.875 16.875 7.000
322-02 161638580 97,600.00 97,543.85 05/01/98 04/01/28 8.750 7.750 14.750 5.000
322-02 161638598 85,600.00 85,556.77 06/01/98 05/01/28 9.375 8.375 15.375 5.500
322-02 161639257 64,000.00 63,977.18 05/01/98 04/01/28 11.000 10.000 17.000 6.500
322-02 161639364 66,300.00 66,300.00 06/01/98 05/01/28 11.500 10.500 17.500 7.000
322-02 161639422 150,000.00 149,903.66 05/01/98 04/01/28 11.500 10.500 17.500 7.250
322-02 161639588 108,000.00 107,890.49 06/01/98 05/01/28 9.375 8.375 15.375 6.500
322-02 161639612 103,200.00 103,172.07 05/01/98 04/01/28 12.250 11.250 18.250 8.000
322-02 161639695 47,000.00 46,976.87 06/01/98 05/01/28 9.500 8.500 15.500 6.250
322-02 161639877 52,000.00 51,982.44 06/01/98 05/01/28 11.250 10.250 17.250 6.750
322-02 161640560 230,000.00 229,772.85 06/01/98 05/01/28 9.500 8.500 15.500 5.750
322-02 161640834 46,400.00 46,359.85 06/01/98 05/01/28 10.125 9.125 16.125 6.000
322-02 161640883 112,000.00 111,933.76 06/01/98 05/01/28 11.875 10.875 17.875 7.750
322-02 161640990 88,000.00 87,924.17 05/01/98 04/01/28 9.875 8.875 15.875 5.750
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 11 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 161641063 WHYTE JOHN 7 DELANO AVENUE YONKERS NY 10704
322-02 161641246 BEGOVICH MASHELLE 1136 MEADOWLARK CIRCLE GARDNERVILLE NV 89410
322-02 161641253 GUEST CHARLOTTE E 26 FIRST ST WESTFIELD NY 14787
322-02 161641311 KRUGER KURT KARL 77 EMS W26 LANE NORTH WEBSTER IN 46555
322-02 161641485 MCCULLAR EARL B 7945 S RHODES AVENUE CHICAGO IL 60619
322-02 161641568 CHOLEWINSKI STANLEY J JR 488 LONGVUE DRIVE WINTERSVILLE OH 43953
322-02 161641774 SHARP ROGER N 1715 SW 11TH ST HERMISTON OR 97838
322-02 161641782 DANIELS DALE 301 SHERWOOD DRIVE CROWN POINT IN 46307
322-02 161642012 BANDISH RONALD R 3632 S 55TH AVE CICERO IL 60804
322-02 161642038 PIEPER DARREL G 3819 ELDER DRIVE ISLAND LAKE IL 60042
322-02 161642533 WARD WILLIAM TROY 210 SOUTH 3RD LEOTI KS 67861
322-02 161643077 HEDRICK RICKY A 3052 NORTH FRANCISCO CHICAGO IL 60618
322-02 161643200 COLEMAN RICHARD G 1400 ELM ST MARYSVILLE KS 66508
322-02 161643630 MOORE SHELBY JEAN 529 CHERRY LANE GLENVIEW IL 60025
322-02 161643770 NOLDAN JOHN E 166 ONEIDA ELMHURST IL 60126
322-02 161644018 LAVALLIS LISA ANN 56 MIAMI PONTIAC MI 48341
322-02 161644133 CLANCY AUDREY K 333 W IROQUOIS AVE GREEN BAY WI 54301
322-02 161644182 DADDERIO ANNA MARIA 160 FORESTER COURT WELLINGTON FL 33416
322-02 161644414 THOMAS FELICIA 6542 SOUTH ARTESIAN STREET CHICAGO IL 60629
322-02 161644620 SAUNDERS LELA R 10 CLERMONT COURT SAN ANTONIO TX 78218
322-02 161644950 BLODGETT C RALPH 804 WALTER WILLMETH DR SPEARMAN TX 79081
322-02 161645395 MATTSON MARVIN P 615 W 6TH STREET CROOKSTON MN 56716
322-02 161645478 MACIEJEWSKI PAUL M JR 2047 S MAPLE ST DES PLAINES IL 60018
322-02 161645569 ALEXANDER PAULA 401 SOUTH 14TH AVENUE MAYWOOD IL 60153
322-02 161645668 BRUCKMAN PAUL S 13415 52ND PLACE WEST EDMONDS WA 98026
322-02 161645809 WOODRUFF EDWARD I JR 413 OAK LACENTER KY 42056
322-02 161645890 BOYD DAVID L 801 S PLUM STREET HAVANA IL 61953
322-02 161646039 MITCHELL DELORES W 1831 HABBERTON AVE. PARK RIDGE IL 60068
322-02 161646724 HAMILTON SYKES 2567 HIGHWAY 4 WINNSBORO LA 71295
322-02 161647946 MACLIN INOLA 202 RIDGEVIEW AVE ROCKFORD IL 61107
322-02 800331506 BOWMAN HOWARD W 7708 CHERRY LANE EAST STROUDSBURG PA 18301
322-02 800396756 BOWSER DAVID E PO BOX 83 MARKET STREET SCHELLSBURG PA 15559
322-02 800444309 CORDOVA RICHARD G 931 SLOAN CIRCLE CRAIG CO 81625
322-02 800503682 ORR DENNIS M 0136 SUMMIT COUNTY RD 628 BRECKENRIDGE CO 80424
322-02 800504490 PRICE JOSEPH S 317 FERRY STREET SHARPTOWN MD 21861
322-02 800505588 RYAN PATRICK A 5727 CITADEL DRIVE ORLANDO FL 32839
322-02 800507667 GRIFFITH DAVID SCOTT 12316 OLD BRIDGE ROAD OCEAN CITY MD 21842
322-02 800509978 CHRISTOPHER ROBERT C 29324 WEST MAPLE AVENUE TRAPPE MD 21673
322-02 800519290 MARTINI RACHEL A 104-106 EAST BROAD STREET W HAZLETON PA 18201
322-02 800522997 MANWARING RODGER 6 BIRCH HILL ROAD NEW MILFORD CT 06755
322-02 800524894 FIGUEROA BRENDA I 116-4 VAN BUREN ROAD VOORHEES NJ 08043
322-02 800524951 CARY DALE L 15430 ROUTE 22 STEPHENTOWN NY 12168
322-02 800532327 BLACKMAN JOANN 5338 SOUTH KIMBARK CHICAGO IL 60615
322-02 800534190 LEBEAU STEVEN W 9495 BEAR SPRINGS ROAD BREWERTON NY 13039
322-02 800535692 VUKSANOVICH MICHAEL 233 HILL ROAD BOX 136B RD1 GOSHEN NY 10924
322-02 800540155 AUSTIN BRUCE D 1034 RICHBURG CIRCLE CROSS SC 29436
322-02 800541799 ALEXANDER CLARENCE 1133 WARD STREET BALTIMORE MD 21230
322-02 800544777 RAFFAELE FRANK 1168 SOUTH 10TH STREET PHILADELPHIA PA 19147
322-02 800545303 MOCKUS PETER G 72 BRUNSWICK DRIVE MOUNT POCONO PA 18344
322-02 800546905 INGRAM HAZEL LOUISE 520 GRANT AVENUE BROOKLYN NY 11208
322-02 800546996 BLACKBURN ALAN D 4910 SOUTH 2125 WEST ROY UT 84067
322-02 800548935 FRIELDS DANIEL B SR 45 WALNUT STREET BEACH HAVEN PA 18601
322-02 800554438 PEGRAM FRANCES 5616 HAVERFORD AVENUE PHILADELPHIA PA 19131
322-02 800556672 GRIMES QIANA T 6751 N 13TH STREET UNIT 2G PHILADELPHIA PA 19126
322-02 800557233 ANDERSON FREDERICK A 129 MAYHEW DRIVE SOUTH ORANGE NJ 07079
322-02 800558835 CAMACHO AGUSTO 544 SOUTH STREET NEWBURGH NY 12550
322-02 800560880 TRACY JO ANN 9211 BRADY STREET SPRING HILL FL 34608
322-02 800561102 HARMON WAYNE KEITH 1802 EAST COMANCHE AVENUE TAMPA FL 33610
322-02 800565210 KOVACEV GEORGE 937-939 E DIAMOND AVENUE HAZLETON PA 18201
322-02 800566374 SEMINARA ANTHONY 15 ABRAHAM DRIVE HOWELL NJ 07731
322-02 800566713 VINCI ANTHONY L 1151 SMITHTOWN AVENUE BOHEMIA NY 11716
322-02 800567042 WICKIZER DONALD J 4204 WEXFORD COURT MORGANTOWN PA 19543
322-02 800573362 CASAZZA GEORGE 364 PULASKI AVENUE STATEN ISLAND NY 10303
322-02 800579237 BURNETT CHRISTOPHE 3333 WARD STREET PITTSBURGH PA 15213
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 11 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 161641063 105,000.00 104,918.42 06/01/98 05/01/28 10.625 9.625 16.625 6.750
322-02 161641246 256,000.00 256,000.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-02 161641253 49,000.00 48,977.14 06/01/98 05/01/28 9.750 8.750 15.750 5.750
322-02 161641311 92,000.00 91,960.02 06/01/98 05/01/28 13.250 12.250 19.250 9.000
322-02 161641485 113,700.00 113,634.61 06/01/98 05/01/28 12.000 11.000 18.000 7.750
322-02 161641568 56,000.00 56,000.00 06/01/98 05/01/28 9.750 8.750 15.750 6.500
322-02 161641774 96,300.00 96,300.00 07/01/98 06/01/28 10.750 9.750 16.750 7.000
322-02 161641782 40,000.00 40,000.00 06/01/98 05/01/28 10.750 9.750 16.750 6.250
322-02 161642012 93,600.00 93,550.19 05/01/98 04/01/28 9.125 8.125 15.125 6.250
322-02 161642038 64,000.00 63,967.07 06/01/98 05/01/28 12.500 11.500 18.500 8.250
322-02 161642533 55,200.00 55,171.59 07/01/98 06/01/28 12.500 11.500 18.500 8.000
322-02 161643077 142,200.00 142,098.14 06/01/98 05/01/28 11.000 10.000 17.000 7.250
322-02 161643200 70,200.00 70,143.96 06/01/98 05/01/28 10.500 9.500 16.500 7.250
322-02 161643630 72,000.00 71,969.81 06/01/98 05/01/28 10.250 9.250 16.250 6.000
322-02 161643770 191,000.00 191,000.00 06/01/98 05/01/28 10.125 9.125 16.125 6.250
322-02 161644018 62,100.00 62,084.97 05/01/98 04/01/28 12.750 11.750 18.750 8.250
322-02 161644133 85,000.00 84,960.35 06/01/98 05/01/28 9.750 9.750 15.750 6.750
322-02 161644182 158,400.00 158,326.09 06/01/98 05/01/28 9.750 8.750 15.750 6.250
322-02 161644414 80,200.00 80,148.50 06/01/98 05/01/28 11.500 10.500 17.500 7.500
322-02 161644620 148,500.00 148,423.02 06/01/98 05/01/28 9.250 8.250 15.250 5.750
322-02 161644950 240,000.00 240,000.00 06/01/98 05/01/28 9.125 8.125 15.125 5.000
322-02 161645395 36,000.00 35,979.29 07/01/98 06/01/28 8.750 7.750 14.750 5.000
322-02 161645478 81,000.00 80,941.38 06/01/98 05/01/28 7.625 6.625 13.625 4.000
322-02 161645569 50,000.00 49,950.61 06/01/98 05/01/28 9.500 8.500 15.500 5.500
322-02 161645668 150,000.00 150,000.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-02 161645809 35,000.00 35,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.000
322-02 161645890 26,400.00 26,400.00 07/01/98 06/01/28 9.125 8.125 15.125 5.000
322-02 161646039 90,000.00 89,908.76 07/01/98 06/01/28 9.375 8.375 15.375 5.750
322-02 161646724 100,500.00 100,500.00 06/01/98 05/01/28 11.500 10.500 17.500 6.500
322-02 161647946 38,400.00 38,400.00 07/01/98 06/01/28 12.750 11.750 18.750 8.000
322-02 800331506 52,000.00 51,886.45 11/01/97 10/01/27 12.375 11.375 18.375 7.500
322-02 800396756 46,970.00 46,794.30 12/01/97 11/01/27 9.875 8.875 15.875 6.050
322-02 800444309 101,250.00 101,053.65 02/01/98 01/01/28 9.625 8.625 15.625 6.250
322-02 800503682 282,000.00 281,613.78 02/01/98 01/01/28 11.250 10.250 17.250 7.375
322-02 800504490 63,900.00 63,748.50 02/01/98 01/01/28 9.750 9.750 15.750 6.550
322-02 800505588 56,000.00 55,950.06 03/01/98 02/01/28 11.875 10.875 17.875 7.500
322-02 800507667 83,000.00 82,873.28 03/01/98 02/01/28 9.375 8.375 15.375 5.800
322-02 800509978 146,625.00 146,424.20 02/01/98 01/01/28 11.250 10.250 17.250 7.400
322-02 800519290 51,000.00 50,952.11 03/01/98 02/01/28 11.625 10.625 17.625 7.800
322-02 800522997 70,000.00 69,955.05 04/01/98 03/01/28 11.500 10.500 17.500 6.950
322-02 800524894 34,000.00 33,960.21 04/01/98 03/01/28 10.625 9.625 16.625 6.200
322-02 800524951 57,240.00 57,176.52 03/01/98 02/01/28 10.875 9.875 16.875 7.300
322-02 800532327 63,750.00 63,623.10 02/01/98 01/01/28 9.500 9.500 15.500 6.550
322-02 800534190 61,750.00 61,708.12 04/01/98 03/01/28 11.250 10.250 17.250 6.950
322-02 800535692 128,000.00 127,913.17 04/01/98 03/01/28 11.250 10.250 17.250 6.950
322-02 800540155 46,000.00 45,883.83 05/01/98 04/01/13 9.500 8.500 15.500 5.750
322-02 800541799 31,500.00 31,469.02 02/01/98 01/01/28 12.750 11.750 18.750 7.150
322-02 800544777 120,000.00 119,826.47 02/01/98 01/01/28 11.000 10.000 17.000 7.300
322-02 800545303 225,000.00 224,877.09 05/01/98 04/01/28 9.000 8.000 15.000 6.250
322-02 800546905 140,000.00 139,844.71 03/01/98 02/01/28 10.875 9.875 16.875 6.450
322-02 800546996 156,600.00 156,175.47 04/01/98 03/01/28 10.375 9.375 16.375 7.050
322-02 800548935 33,600.00 33,576.68 04/01/98 03/01/28 13.000 12.000 19.000 9.400
322-02 800554438 26,350.00 26,324.50 04/01/98 03/01/28 11.500 10.500 17.500 7.300
322-02 800556672 40,800.00 40,780.96 05/01/98 04/01/28 9.750 8.750 15.750 5.500
322-02 800557233 320,000.00 319,854.62 05/01/98 04/01/28 9.875 8.875 15.875 6.500
322-02 800558835 40,000.00 39,961.76 03/01/98 02/01/28 12.875 11.875 18.875 8.900
322-02 800560880 54,300.00 54,300.00 06/01/98 05/01/28 10.875 9.875 16.875 6.500
322-02 800561102 45,600.00 45,588.00 05/01/98 04/01/28 12.375 11.375 18.375 8.000
322-02 800565210 36,750.00 36,724.36 04/01/98 03/01/28 11.125 10.125 17.125 7.300
322-02 800566374 123,930.00 123,843.61 05/01/98 04/01/28 11.125 10.125 17.125 7.000
322-02 800566713 114,400.00 114,330.69 06/01/98 05/01/28 8.500 7.500 14.500 4.250
322-02 800567042 103,500.00 103,405.57 05/01/98 04/01/28 9.875 8.875 15.875 6.750
322-02 800573362 84,000.00 83,974.60 05/01/98 04/01/28 11.750 10.750 17.750 8.200
322-02 800579237 38,400.00 38,363.05 04/01/98 03/01/28 9.625 8.625 15.625 5.850
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 12 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 800579773 TAPPETO MARIA 2 ASTRO PLACE DIX HILLS NY 11746
322-02 800580888 FURTADO EARLENE M 2767 SOUTH UPHAM DENVER CO 80227
322-02 800582421 SMITH GERARD 6112 VANDIKE STREET PHILADELPHIA PA 19135
322-02 800582520 STONE ELIZABETH B 503 SKYLINE RD #2 OAK RDGE NEW CUMBERLAND PA 17070
322-02 800583007 PARSELL MICHAEL J 17 LYNN DRIVE MONROE CT 06468
322-02 800583247 WALLACE EDDIE W 2600 TUCKER MILL ROAD CONYERS GA 30208
322-02 800583262 TAITT WALTER 516 6TH AVENUE PELHAM NY 10803
322-02 800583528 KING MICHAEL R 217 NORDALE AVENUE DAYTON OH 45420
322-02 800585242 HAGERMAN DONNA 10610 E GRAND RIVER PORTLAND MI 48875
322-02 800586034 ALOTHMAN FADHIL 6531 MANSFIELD DETROIT MI 48228
322-02 800586059 HAGERMAN DONNA 10613 E GRAND RIVER PORTLAND MI 48875
322-02 800586083 COLE PAULINE 205-22 113TH ROAD SAINT ALBANS NY 11412
322-02 800586737 FAUX HARRY RR1 BOX 9 MEHOOPANY PA 18629
322-02 800587305 KEENEN GEORGE C 30 TURNBRIDGE DRIVE LANCASTER PA 17603
322-02 800587370 GAMBLE MARY ANN F RT 1 BOX 101 C GREENVILLE SC 29056
322-02 800587479 COOPER VANESSA 823 LONGFELL0W COURT STONE MOUNTAIN GA 30088
322-02 800588634 LOUGHLIN DONNA 450 LAWTON AVENUE CLIFFSIDE PARK NJ 07010
322-02 800590036 HAYES THOMAS 77 BEVY COURT BROOKLYN NY 11229
322-02 800590200 THORNTON NATALIE K 5163 WEST CRUS CORVI ROAD WEST JORDAN UT 84084
322-02 800590994 WATKINS DONNA M 1223 WATKINS AVENUE SOUTH BOSTON VA 24592
322-02 800592115 GRIZZLE CHRISTOPHE 36 SOUTH 12TH AVENUE MOUNT VERNON NY 11550
322-02 800592297 GLENN SANDRA D 2225 SOUTH JEFFERSON SAGINAW MI 48601
322-02 800592719 ALSTON ROBERT EARL 101 BECKER PLACE GOLDSBORO NC 28333
322-02 800595373 VALERO JUAN R 232 EAST HIRSCH NORTHLAKE IL 60164
322-02 800595514 CAFFALL JULIE ANN 4999 SOUTH 500 WEST WASHINGTON TERRACE UT 84405
322-02 800595597 PONTRY ANTHONY R 1096 S CHURCH STREET HAZLETON PA 18201
322-02 800595688 BOBB MICHAEL A 4 OXFORD STREET TAUNTON MA 02780
322-02 800595787 SCHWARTZBECK FLORENCE 9 ORCHARD STREET HALLSTEAD PA 18822
322-02 800596801 MURRAY PATRICE 24 MAGNOLIA AVENUE MOUNT VERNON NY 10553
322-02 800597627 SANTORO ALFIO F 846 UNION STREET SCHENECTADY NY 12308
322-02 800598807 JENNINGS DAVID 6751 N 13TH STREET UNIT 1F PHILADELPHIA PA 19126
322-02 800600363 BERETTI JACQUELIN M 1256 EAST 31ST STREET OGDEN UT 84401
322-02 800601254 CESPEDES EDUARDO 54 GRACE STREET JERSEY CITY NJ 07307
322-02 800601346 DORSEY JAMES B 279 OAK STREET NEW BRITAIN CT 06051
322-02 800602658 MOE THOMAS R 3001 PENNWOOD ROAD HARRISBURG PA 17110
322-02 800603946 HARENBERG ALAN G 8734 SOUTH PIPER LANE SANDY UT 84093
322-02 800604332 DONWELL WILLIE 18485 PENNINGTON DETROIT MI 48221
322-02 800604373 DONWELL WILLIE 17255 PONTCHARTRAIN DETROIT MI 48203
322-02 800604423 THOMPSON STEVENSON H 793 NORTH UNION ROAD DAYTON OH 45427
322-02 800604431 GEORGIEV GEORGE 248 EAST WINSLOW AVE #3D SALT LAKE CITY UT 84115
322-02 800604928 ANTORINO DARYL W 115 ASBURY AVENUE OCEAN CITY NJ 08226
322-02 800606485 WOFFORD LATOYA 1234 NICKOLAS DETROIT MI 48238
322-02 800606626 CARRATINI ANGELA 63 OLD LITTLE BRITAIN ROAD NEWBURGH NY 12550
322-02 800606642 KAPPES NANCI J 8237 W HONEY CREEK PARKWAY MILWAUKEE WI 53214
322-02 800607558 CARMICHAEL NECIE 1256 WEST 71ST STREET CHICAGO IL 60636
322-02 800608077 LANNON DAVID 47 SINOWAY RD COS COB CT 06807
322-02 800608762 MILLER JEFF R LOT #5 COLD SPRING LAKE SHOHOLA PA 18458
322-02 800608945 STARNES THEOTRA 4858 OAKMAN DETROIT MI 48204
322-02 800609596 KYRIACOU NICHOLAS 128 GREAT LAKE DRIVE ANNAPOLIS MD 21403
322-02 800611253 TUNIS MICHAEL J 3760 SOUTH 850 WEST SAN PIERRE IN 46374
322-02 800611311 BROWN ANNIE C 7212 SOUTH PAULINA CHICAGO IL 60636
322-02 800612533 COHEN SYLVIA 88 E WARREN AVENUE YOUNGSTOWN OH 44507
322-02 800612608 BRUCE TIMOTHY J 6912 HEYDEN DETROIT MI 48228
322-02 800614083 POTTER CHARLES V JR 525 EAST SPRING STREET COVINGTON OH 45318
322-02 800614364 MURRAY NEIL 208 ROUND POND LANE ROCHESTER NY 14626
322-02 800614620 HULL KIMBERLY F 6 MAPLE AVENUE FRIENDSHIP NY 14739
322-02 800616211 JONES MERCHA DEBORAH 6751 NORTH 13TH STREET 1N PHILADELPHIA PA 19126
322-02 800616492 SEBASTOPOLI JODI G 69 18 68TH PLACE GLENDALE NY 11385
322-02 800616708 STRONG SHAWN 264 WEST 2060 NORTH SUNSET UT 84015
322-02 800616799 STRONG SHAWN 2101 NORTH 250 WEST SUNSET UT 84015
322-02 800617037 HURT KEVIN L 50 WOODWARD AVE DAYTON OH 45406
322-02 800617995 ORMSBEE RANDY 3260 SCREAMING EAGLE ROAD EASTOVER SC 29044
322-02 800618571 ENCARNACION BALTAZAR 858 WEST LAKESIDE PL CHICAGO IL 60640
322-02 800619777 PEREZ SEGUNDO 1323 RARITAN AVENUE MANVILLE NJ 08853
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 12 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 800579773 288,000.00 287,894.48 05/01/98 04/01/28 10.875 9.875 16.875 7.050
322-02 800580888 152,000.00 151,871.98 04/01/98 03/01/28 12.250 11.250 18.250 9.150
322-02 800582421 46,750.00 46,750.00 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-02 800582520 113,935.00 113,935.00 06/01/98 05/01/28 8.125 7.125 14.125 4.625
322-02 800583007 182,750.00 182,557.99 04/01/98 03/01/28 11.125 10.125 17.125 7.750
322-02 800583247 184,500.00 184,430.54 05/01/98 04/01/28 10.750 9.750 16.750 7.300
322-02 800583262 207,000.00 206,915.50 05/01/98 04/01/28 10.375 9.375 16.375 7.300
322-02 800583528 55,800.00 55,777.22 05/01/98 04/01/28 10.375 9.375 16.375 6.950
322-02 800585242 58,500.00 58,474.80 06/01/98 05/01/28 10.125 9.125 16.125 6.250
322-02 800586034 66,500.00 66,470.58 05/01/98 04/01/28 10.000 9.000 16.000 6.625
322-02 800586059 66,000.00 65,966.68 06/01/98 05/01/28 9.375 8.375 15.375 5.500
322-02 800586083 157,500.00 157,380.89 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-02 800586737 22,950.00 22,936.41 04/01/98 03/01/28 11.875 10.875 17.875 8.050
322-02 800587305 86,250.00 86,216.63 05/01/98 04/01/28 10.625 9.625 16.625 7.000
322-02 800587370 35,000.00 34,989.70 05/01/98 04/01/28 11.875 10.875 17.875 8.000
322-02 800587479 68,000.00 67,980.00 05/01/98 04/01/28 11.875 10.875 17.875 8.050
322-02 800588634 145,000.00 144,934.13 05/01/98 04/01/28 9.875 8.875 15.875 6.250
322-02 800590036 138,400.00 138,400.00 06/01/98 05/01/28 12.375 11.375 18.375 8.625
322-02 800590200 107,950.00 107,828.51 04/01/98 03/01/28 10.875 9.875 16.875 7.000
322-02 800590994 48,365.00 48,365.00 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-02 800592115 138,807.00 138,754.74 06/01/98 05/01/28 10.750 9.750 16.750 7.375
322-02 800592297 29,600.00 29,591.76 05/01/98 04/01/28 12.125 11.125 18.125 8.000
322-02 800592719 35,000.00 35,000.00 06/01/98 05/01/18 13.625 12.625 19.625 10.000
322-02 800595373 115,600.00 115,600.00 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-02 800595514 88,000.00 87,917.55 04/01/98 03/01/28 11.750 10.750 17.750 8.300
322-02 800595597 45,000.00 44,977.27 05/01/98 04/01/28 9.375 8.375 15.375 6.250
322-02 800595688 107,460.00 107,405.73 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-02 800595787 31,500.00 31,461.06 04/01/98 03/01/28 10.375 9.375 16.375 7.300
322-02 800596801 269,100.00 268,995.92 05/01/98 04/01/28 10.625 9.625 16.625 7.300
322-02 800597627 36,400.00 36,381.13 05/01/98 04/01/28 9.250 8.250 15.250 5.450
322-02 800598807 28,900.00 28,868.43 05/01/98 04/01/28 8.875 7.875 14.875 5.250
322-02 800600363 94,400.00 94,288.14 04/01/98 03/01/28 8.625 7.625 14.625 6.050
322-02 800601254 147,900.00 147,852.72 05/01/98 04/01/28 11.500 10.500 17.500 7.800
322-02 800601346 19,600.00 19,600.00 06/01/98 05/01/28 11.250 10.250 17.250 7.750
322-02 800602658 65,700.00 65,700.00 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-02 800603946 150,000.00 149,904.35 05/01/98 04/01/28 10.250 9.250 16.250 6.875
322-02 800604332 84,500.00 84,442.69 05/01/98 04/01/28 11.250 10.250 17.250 7.800
322-02 800604373 200,000.00 199,908.04 05/01/98 04/01/28 13.000 12.000 19.000 9.125
322-02 800604423 81,900.00 81,848.83 05/01/98 04/01/28 11.625 10.625 17.625 7.800
322-02 800604431 57,400.00 57,346.22 04/01/98 03/01/28 9.750 8.750 15.750 6.625
322-02 800604928 148,250.00 148,250.00 06/01/98 05/01/28 9.250 8.250 15.250 6.125
322-02 800606485 39,900.00 39,900.00 06/01/98 05/01/28 10.000 9.000 16.000 7.125
322-02 800606626 106,500.00 106,335.78 01/01/98 12/01/27 11.750 10.750 17.750 6.950
322-02 800606642 76,800.00 76,759.37 05/01/98 04/01/28 12.375 11.375 18.375 8.250
322-02 800607558 49,500.00 49,460.48 04/01/98 03/01/28 10.500 9.500 16.500 7.300
322-02 800608077 334,800.00 334,639.61 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-02 800608762 84,000.00 83,909.33 05/01/98 04/01/28 11.000 10.000 17.000 7.500
322-02 800608945 18,400.00 18,400.00 06/01/98 05/01/28 8.875 7.875 14.875 5.000
322-02 800609596 156,600.00 156,526.94 05/01/98 04/01/28 9.750 8.750 15.750 6.875
322-02 800611253 72,000.00 71,937.72 05/01/98 04/01/28 10.125 9.125 16.125 6.500
322-02 800611311 63,750.00 63,669.12 03/01/98 02/01/28 10.250 10.250 16.250 7.100
322-02 800612533 21,600.00 21,586.14 05/01/98 04/01/28 11.500 10.500 17.500 7.500
322-02 800612608 40,800.00 40,755.25 04/01/98 03/01/28 9.000 8.000 15.000 5.550
322-02 800614083 71,200.00 71,181.26 05/01/98 04/01/28 12.375 11.375 18.375 8.900
322-02 800614364 95,840.00 95,840.00 06/01/98 05/01/28 10.000 9.000 16.000 6.000
322-02 800614620 47,600.00 47,582.08 05/01/98 04/01/28 10.750 9.750 16.750 7.125
322-02 800616211 40,800.00 40,778.85 05/01/98 04/01/28 9.250 8.250 15.250 5.500
322-02 800616492 144,500.00 144,400.98 05/01/98 04/01/28 11.250 10.250 17.250 7.875
322-02 800616708 174,400.00 174,276.91 05/01/98 04/01/28 9.750 8.750 15.750 6.875
322-02 800616799 174,400.00 174,276.91 05/01/98 04/01/28 9.750 8.750 15.750 6.875
322-02 800617037 50,000.00 49,971.97 05/01/98 04/01/28 8.875 7.875 14.875 5.250
322-02 800617995 64,591.00 64,591.50 07/01/98 06/01/18 11.250 10.250 17.250 7.250
322-02 800618571 116,400.00 116,275.64 05/01/98 04/01/28 9.125 8.125 15.125 5.750
322-02 800619777 62,000.00 61,979.07 05/01/98 04/01/28 11.250 11.250 17.250 8.000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 13 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 800619959 PLENINGER STEVEN L 10 HENRY STREET FRANKFORD NJ 07826
322-02 800620221 HERSHNER FRED 1189 BERWALD DRIVE XENIA OH 45385
322-02 800620569 COVELL DAVID W 7 NORTH LINE ROAD NEWTOWN SQUARE PA 19073
322-02 800621278 EVERETT PAUL O 4216 HARLAND DRIVE NE SALEM OR 97305
322-02 800621328 LANE TIMOTHY E 3134 WINDSOR DR RACINE WI 53404
322-02 800621526 GESSEL MICHAEL LOT 803 TIMBERLINE DRIVE BLAKESLEE PA 18610
322-02 800621799 RIVERS ERNESTINE 4829 WEST MONROE AVENUE CHICAGO IL 60644
322-02 800622011 MACLIN VELENCIA 1442 WEST MARQUETTE ROAD CHICAGO IL 60636
322-02 800622227 FRANCOIS SOPHIA 855 FREDRICK YPSILANTI MI 48197
322-02 800622318 THOMPSON WILLIAM H SR 880 STEELE DR HAMPTON GA 30228
322-02 800622656 DUFT WALTER W 11063 CLARENCE CENTER ROAD NEWSTEAD NY 14001
322-02 800623357 JACKSON LELIA O LOT 701&401 TIMBERLINE DR BLAKESLEE PA 18610
322-02 800623936 MORGAN LESTER 709 EAST 218TH STREET BRONX NY 10467
322-02 800624462 TARANTINO STEPHEN 307 MULBERRY POINT ROAD GUILFORD CT 06437
322-02 800624769 VARGAS JOSE A 59-14 60TH STREET MASPETH NY 11378
322-02 800624850 WILLIAMSON BETTY JAYNE 203 MARY HILL ROAD PHOENIXVILLE PA 19460
322-02 800625550 ELMAWERI JEFFREY 5842 RENVILLE DETROIT MI 48210
322-02 800626681 MCPHILLIPS ROBERT J 1711 PRICE STREET SCRANTON PA 18504
322-02 800627242 DRAKE ANNIE 1417 EAST 15TH PL FORD HTS IL 60411
322-02 800627317 HURD PATRICK FRANCES 312 JOHNSON BOULEVARD JACKSONVILLE NC 28540
322-02 800627978 FOSTER SAMANTHA J 2202 DIVISION AVENUE DAYTON OH 45414
322-02 800628216 DEBACCO CARL 36 BLOOMFIELD AVENUE PINE BROOK NJ 07058
322-02 800628273 ROBERTSON CURTISS 9940 FAIRVIEW LAKE ROAD PORT ORCHARD WA 98338
322-02 800629172 CLARK LINDA J 7250 SOUTH ROBIN WAY WEST JORDAN UT 84084
322-02 800629933 SHAMI SAAD 10009-11 ESSEX DEARBORN MI 48120
322-02 800630378 COLOMBO PASQUALE L 217 W CHAPEL STREET HAZLETON PA 18201
322-02 800630519 ABDULLAH JAMAL 1636 SOUTH 6TH STREET PHILADELPHIA PA 19148
322-02 800630683 ADAMS ANGELA R 3334 NORTH BANCROFT INDIANAPOLIS IN 46218
322-02 800630816 SMART FELICIA D 2729 MULL AVENUE AKRON OH 44321
322-02 800630840 MUHAMMAD RASHEED A 55-57 BELL STREET BRIDGEPORT CT 06610
322-02 800631327 ANDRAWS PHILIP A 227 WOODLAWN AVE JERSEY CITY NJ 07305
322-02 800631434 BARNES DAVID 76 WHOOPING HOLLOW ROAD EAST HAMPTON NY 11937
322-02 800631566 WELCH DIANA L 1101 SELAH LOOP ROAD SELAH WA 98942
322-02 800631731 KOPPENHAVER PAUL L 15 ECHO PLACE LYNN MA 01905
322-02 800631970 DEVEAUGH JOHN E 2270 ELLINGTON ROAD SOUTH WINDSOR CT 06074
322-02 800632218 WALLEN IDA 7475 DANBURY WAY CLEARWATER FL 33764
322-02 800632598 BROWN MELINDA J 7531 COURTNEY PLACE LANDOVER MD 20785
322-02 800633240 GUERCIO DAVID 16 HAZELWOOD AVENUE BUFFALO NY 14216
322-02 800633729 CEPHAS LAMONT 10 EDWIN PLACE NEWARK NJ 07112
322-02 800635179 CAPLE LORI ANN 343 345 CHAMBERLAIN AVENUE BRIDGEPORT CT 06606
322-02 800635872 BORVICK GORDON P 60 LEE PLACE BERGENFIELD NJ 07621
322-02 800636136 TIDWELL DARRELL D 430 ANGELINA COURT MORIARTY NM 87015
322-02 800636177 BRINGHURST SANDRA M 4985 BURCH CREEK DRIVE SOUTH OGDEN UT 84403
322-02 800638108 TYLWALK JOHN C 305 OLD MOUNT GRETNA ROAD LEBANON PA 17042
322-02 800638173 TINLIN THOMAS M 239 MECHANIC STREET FOXBORO MA 02035
322-02 800638413 VILLEGAS JORGE 3243 W WASHINGTON STREET ANDERSON IN 46011
322-02 800638744 PATTON AGGIE 1542 WEST 127TH STREET LOS ANGELES CA 90047
322-02 800638835 MCDONALD WILLIAM A 1214 FOREST BAY DRIVE WATERFORD MI 48328
322-02 800638900 ETIE CYNTHIA L 4539 EL CARNEL WAY LAS VEGAS NV 89121
322-02 800638934 WINSLOW DAVID O 89-46 212TH STREET QUEENS VILLAGE NY 11427
322-02 800639130 REPECKI MICHAEL PAUL 229 REBECCA STREET THROOP PA 18512
322-02 800639718 HOWARD DAVID E 661 BLAIN LN GREENFIELD OH 45123
322-02 800639726 GARCIA THE0DORE A 3411 BROOKFIELD LN PUEBLO CO 81005
322-02 800639890 REYNOLDS TED A 25 KIMBERLY LOOP MORIARTY NM 87035
322-02 800640120 BENABE MARILYN 1802 MCGRAW AVENUE BRONX NY 10401
322-02 800640195 SEGURA TIMOTHY ERIC 10455 NE 15TH STREET BELLEVUE WA 98004
322-02 800640880 GILMORE SHAWN W 512 THIRD STREET WEST FAIRVIEW PA 17025
322-02 800641763 SIEFKES MICHAEL LEE 10438 HOLLAND PLACE BROOMFIELD CO 80021
322-02 800642092 SCHENCK DAVID W 25 NORTH WAY BRONXVILLE NY 10708
322-02 800643025 THEISEN DAVID W 1365 MIDWAY WHITE LAKE MI 48386
322-02 800643199 MCLEAN TIMOTHY M 6 BURKEY DRIVE DENVER PA 17517
322-02 800643389 SHUGRUE LORRAINE 9145 JILL DRIVE CONIFER CO 80433
322-02 800643918 DUMAS JEAN MICHEL 154 SOUTH MAIN STREET LAMBERTVILLE NJ 08530
322-02 800644957 SCOTTO ENRICA 5 AUTUMNWOOD LANE MOUNT LAUREL NJ 08054
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 13 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 800619959 52,000.00 51,984.28 05/01/98 04/01/28 11.750 10.750 17.750 8.050
322-02 800620221 42,000.00 41,984.19 05/01/98 04/01/28 10.750 9.750 16.750 5.500
322-02 800620569 152,000.00 152,000.00 06/01/98 05/01/28 13.250 12.250 19.250 9.400
322-02 800621278 62,900.00 62,803.99 04/01/98 03/01/28 9.375 8.375 15.375 6.050
322-02 800621328 73,600.00 73,561.06 05/01/98 04/01/28 12.375 11.375 18.375 8.250
322-02 800621526 160,800.00 160,800.00 06/01/98 05/01/28 12.875 11.875 18.875 9.000
322-02 800621799 87,000.00 86,974.40 05/01/98 04/01/28 11.875 10.875 17.875 8.000
322-02 800622011 44,000.00 43,977.78 06/01/98 05/01/28 9.375 8.375 15.375 5.750
322-02 800622227 80,500.00 80,409.41 05/01/98 04/01/28 8.875 7.875 14.875 5.800
322-02 800622318 71,100.00 71,069.37 06/01/98 05/01/28 10.125 9.125 16.125 7.300
322-02 800622656 337,600.00 337,315.65 04/01/98 03/01/28 10.250 9.250 16.250 6.250
322-02 800623357 161,500.00 161,336.24 05/01/98 04/01/28 9.375 8.375 15.375 6.050
322-02 800623936 187,000.00 186,846.66 05/01/98 04/01/28 10.375 9.375 16.375 6.800
322-02 800624462 106,250.00 106,162.86 04/02/98 03/02/28 12.250 12.250 18.250 8.425
322-02 800624769 128,900.00 128,900.00 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-02 800624850 64,800.00 64,755.41 05/01/98 04/01/28 7.875 6.875 13.875 4.750
322-02 800625550 26,400.00 26,377.14 04/01/98 03/01/28 10.125 9.125 16.125 6.300
322-02 800626681 93,500.00 93,407.65 06/01/98 05/01/28 9.500 8.500 15.500 6.500
322-02 800627242 31,200.00 31,190.03 06/01/98 05/01/28 11.500 10.500 17.500 7.500
322-02 800627317 45,375.00 45,375.00 06/01/98 05/01/28 10.625 9.625 16.625 6.500
322-02 800627978 43,200.00 43,178.97 05/01/98 04/01/28 12.750 11.750 18.750 9.150
322-02 800628216 135,000.00 134,926.26 06/01/98 05/01/28 9.000 8.000 15.000 5.875
322-02 800628273 113,400.00 113,290.91 05/01/98 04/01/28 9.625 8.625 15.625 6.500
322-02 800629172 111,500.00 111,321.13 04/01/98 03/01/28 9.125 8.125 15.125 6.050
322-02 800629933 40,000.00 39,975.76 05/01/98 04/01/28 8.500 7.500 14.500 5.375
322-02 800630378 72,000.00 71,981.05 05/01/98 04/01/28 12.375 11.375 18.375 8.700
322-02 800630519 54,000.00 53,955.71 05/01/98 04/01/28 10.375 9.375 16.375 7.300
322-02 800630683 54,400.00 54,359.96 05/01/98 04/01/28 10.875 9.875 16.875 6.750
322-02 800630816 44,800.00 44,800.00 06/01/98 05/01/28 11.500 10.500 17.500 7.500
322-02 800630840 96,000.00 95,959.46 04/01/98 03/01/28 13.375 12.375 19.375 9.750
322-02 800631327 104,000.00 104,000.00 06/01/98 05/01/28 11.875 11.875 17.875 8.625
322-02 800631434 292,500.00 292,500.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-02 800631566 148,000.00 147,829.08 05/01/98 04/01/28 8.750 7.750 14.750 5.000
322-02 800631731 99,750.00 99,717.24 06/01/98 05/01/28 11.375 10.375 17.375 8.000
322-02 800631970 68,800.00 68,800.00 06/01/98 05/01/28 13.250 12.250 19.250 9.400
322-02 800632218 94,400.00 94,372.23 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-02 800632598 88,250.00 88,144.60 02/01/98 01/01/28 11.875 10.875 17.875 7.300
322-02 800633240 17,850.00 17,850.00 06/01/98 05/01/28 11.500 10.500 17.500 7.875
322-02 800633729 97,750.00 97,712.19 06/01/98 05/01/28 10.625 9.625 16.625 6.750
322-02 800635179 109,000.00 109,000.00 06/01/98 05/01/28 8.500 7.500 14.500 5.500
322-02 800635872 154,000.00 153,922.96 05/01/98 04/01/28 12.625 11.625 18.625 9.050
322-02 800636136 55,200.00 55,200.00 06/01/98 05/01/13 10.750 9.750 16.750 7.000
322-02 800636177 162,400.00 162,291.04 05/01/98 04/01/28 10.000 9.000 16.000 6.625
322-02 800638108 121,500.00 121,443.32 05/01/98 04/01/28 9.750 8.750 15.750 7.150
322-02 800638173 60,000.00 59,971.26 06/01/98 05/01/28 9.625 8.625 15.625 6.000
322-02 800638413 52,700.00 52,700.00 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-02 800638744 110,960.00 110,858.76 06/01/98 05/01/28 9.875 8.875 15.875 6.500
322-02 800638835 415,500.00 415,278.89 05/01/98 04/01/28 9.125 8.125 15.125 6.050
322-02 800638900 108,000.00 107,843.16 05/01/98 04/01/28 9.625 8.625 15.625 6.250
322-02 800638934 135,000.00 135,000.00 06/01/98 05/01/28 9.875 8.875 15.875 6.500
322-02 800639130 54,000.00 53,949.40 05/01/98 04/01/28 9.750 8.750 15.750 6.600
322-02 800639718 107,900.00 107,900.00 06/01/98 05/01/28 11.375 10.375 17.375 7.000
322-02 800639726 85,000.00 84,943.91 05/01/98 04/01/28 11.375 10.375 17.375 7.250
322-02 800639890 60,000.00 60,000.00 07/01/98 06/01/28 10.000 9.000 15.000 5.250
322-02 800640120 154,500.00 154,424.01 05/01/98 04/01/28 9.500 8.500 15.500 6.625
322-02 800640195 216,750.00 216,750.00 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-02 800640880 61,950.00 61,932.27 05/01/98 04/01/28 12.000 11.000 18.000 8.550
322-02 800641763 113,250.00 113,177.78 05/01/98 04/01/28 10.250 9.250 16.250 6.875
322-02 800642092 481,000.00 480,818.92 05/01/98 04/01/28 10.750 9.750 16.750 7.000
322-02 800643025 128,000.00 127,883.20 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-02 800643199 135,450.00 135,288.46 05/01/98 04/01/28 9.875 8.875 15.875 7.300
322-02 800643389 126,660.00 126,599.32 05/01/98 04/01/28 9.625 8.625 15.625 5.750
322-02 800643918 79,000.00 78,961.57 05/01/98 04/01/28 12.750 11.750 18.750 8.625
322-02 800644957 288,000.00 287,776.56 04/01/98 03/01/28 12.500 11.500 18.500 8.800
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 14 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 800645103 GAYESKI PAUL 128 DAVIDSON ROAD COLCHESTER CT 06415
322-02 800645673 YOUNG BARBARA J 13 STEVENS TERRACE SOUTH PLAINFIELD NJ 07080
322-02 800645905 WUNDERBAR WLADYSLAW 569 CHURCH AVENUE WOODMERE NY 11525
322-02 800645939 BROK ALBERT J 73 HICKORY PASS BEDFORD NY 10506
322-02 800646135 QUINONEZ SANTO 176 MILL STREET PATERSON NJ 07307
322-02 800646143 TRITTO JOSEPH 9 PERDUE AVENUE PUTNAM VALLEY NY 10579
322-02 800646622 MARTIN ALFRED J JR 100 ORATON STREET NEWARK NJ 07104
322-02 800647190 PIMENTAL WANDA L 598 WEST 24TH STREET OGDEN UT 84401
322-02 800647505 FLUDER DENNIS J 16362 WATERVIEW LANE LINDEN MI 48451
322-02 800647539 FRISCO SHARONNE 14409-11 MAYFAIR AVENUE EAST CLEVELAND OH 44112
322-02 800647869 HARVEY KENNETH J 3-4 STULL ROAD NOXEN PA 18636
322-02 800648289 ECKERT TIMOTHY C 1443 SHUMAKER ROAD MANHEIM PA 17545
322-02 800648503 REECHER DAVID W 954 ORRTANNA ROAD ORRTANNA PA 17353
322-02 800649279 GIBSON DANIEL E. 701 25TH STREET NORTH ST PETERSBURG FL 33713
322-02 800650947 ST CLAIR PHI ARTHUR 269 SOUTH FULTON AVENUE MOUNT VERNON NY 10553
322-02 800651861 DEFOGGI JAMES S 5437 JACKSON STREET PITTSBURGH PA 15206
322-02 800651879 AHYOUNG ANTHONY JR 140 CHARTER OAKS AVENUE BRENTWOOD NY 11717
322-02 800652570 BADALAMENTI FARO S 19108 EASTLAND ROSEVILLE MI 48066
322-02 800653198 MASSEY DAVID A SR 2164 MT PLEASANT ROAD HALLSVILLE TX 75650
322-02 800654154 BEAM JERRY 215 STROUD STREET MARION NC 28752
322-02 800654220 JUNIOUS CHARLENE 6328 SOUTH BELL AVENUE CHICAGO IL 60636
322-02 800654402 KOZLOWSKI DAVID 31 HORSESHOE CIRCLE BARKHAMSTED CT 06063
322-02 800654584 GARICK STUART R 35 PROSPECT STREET NEWARK OH 43055
322-02 800654618 SHANNON CHRISTINA M 3604 RODELL ROAD COLUMBUS OH 43232
322-02 800654659 TILLY CLAIR 5463 JOSLYN TERRACE PORT CHARLOTTE FL 33981
322-02 800654725 COTTINGHAM EVELYN 1117 EAST JOHNSON STREET PHILADELPHIA PA 19138
322-02 800655276 ROSATO NICHOLAS C 602 SHAKESPEARE AVENUE MILTON PA 17847
322-02 800655375 LEAVITT MARK D 105 SOUTH 1100 EAST #408 SALT LAKE CITY UT 84102
322-02 800655953 JUNGBAER PETER 243 CATAWISSA STREET NESQUEHONING PA 18240
322-02 800656340 CARROLL CLIFFORD G 11807 SYCAMORE PLYMOUTH MI 48170
322-02 800656373 PEREZ DIANA I 4383-4385 NEW STREET FORT MYERS FL 33905
322-02 800656639 FINNEGAN GARY 3 NORWELL AVENUE SCITUATE MA 02066
322-02 800657041 GILBREATH JOEL 6619 SPRING BRANCH DRIVE KRUM TX 76249
322-02 800657090 GOSSELIN SANDRA A 513 SARAH STREET STROUDSBURG PA 18360
322-02 800657363 SPAIN VIRGINIA 10909 SOUTH EDBROOKE AVE CHICAGO IL 60628
322-02 800657462 RIAZI KHOSROW 4865 CARRIAGE LANE SANTA ROSA CA 95403
322-02 800657710 JONES LINDA 319 MONROE STREET BROOKLYN NY 11216
322-02 800657793 GEBHARDT TIMOTHY R 1438 HIGHWAY 155 ST. GERMAIN WI 54558
322-02 800657876 FAWAZ TALAL E 21119 FAIRVIEW DEARBORN HEIGHTS MI 48127
322-02 800658619 KIDWELL RONALD J 3130 STOP EIGHT ROAD DAYTON OH 45414
322-02 800658999 YNIGUEZ BING R 1340 HOGAN DRIVE SOUTH PLAINFIELD NJ 07080
322-02 800659179 THORPE STEPHEN A 1143 ROLLINGVIEW DRIVE REDDING CA 96002
322-02 800659765 HETSKO GARY 1723 PENN AVENUE SCRANTON PA 18509
322-02 800660292 SNYDER GERALD A JR 217 EAST RAILROAD STREET NESQUEHONING PA 18240
322-02 800660524 NOTTOLI WILLIAM R 3726 SOUTH 2025 WEST ROY UT 84067
322-02 800661076 PLANT LARRY D 1321 CLINTON AVENUE IRVINGTON NJ 07111
322-02 800661902 FERNANDES ANTONIO 532 ZIEGLER AVENUE LINDEN NJ 07036
322-02 800662702 BALOS TIMMY 1221 WANTAGH OAKES GATE WANTAGH NY 11793
322-02 800662777 SOLOMAN ELMORE 4914 EMO STREET CAPITOL HEIGHTS MD 20743
322-02 800662868 AWAD ASHRAF M 320-322 WEST BRIDGE STREET MORRISVILLE PA 19067
322-02 800663239 KELMAN MICHAEL 29 ROYAL OAK DRIVE HUNTINGTON NY 11743
322-02 800663312 PFEIFFER RICHARD A 357 ALTHEA LANE HOPKINS MN 55343
322-02 800663346 WARDYNSKI JAMES 3602 SOUTH DAMEN AVENUE CHICAGO IL 60609
322-02 800663353 MOYLES WILLIAM P RD #6 BACKBONE ROAD SEWICKLEY PA 15143
322-02 800663403 ROSSELL ROBERT 128 SEASPRAY ROAD STAFFORD TWP NJ 08050
322-02 800663478 TURNER STEVEN RANDOLPH 16570 NOBLE DRIVE OREGON CITY OR 97045
322-02 800664286 CASTELLANOS CARLOS ENRIQU 160 SPRINGFIELD AVENUE SUMMIT NJ 07901
322-02 800664534 BURTON SEAN D 634 DOUGLAS STREET OGDEN UT 84404
322-02 800664575 BAMBINO DEBORAH A 1421 BURTON STREET ROCKFORD IL 61103
322-02 800664849 MARZONIE THEODORE J 24418 NANTUCKET NOVI MI 48374
322-02 800664997 IERONIMO NICHOLAS J 9 FOX RUN DRIVE EASTON CT 06612
322-02 800665408 HARPER HENRY C 2853 ROCKCLIFF ROAD ATLANTA GA 30316
322-02 800666299 MARTINEZ FRANKIE L 435 KERSH DRIVE CLEARFIELD UT 84015
322-02 800666422 SCHAFFER HAZEL L HC 31 BOX 291 WILLIAMSPORT PA 17701
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 14 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 800645103 129,000.00 128,925.79 06/01/98 05/01/28 8.750 7.750 14.750 5.500
322-02 800645673 135,000.00 134,928.16 06/01/98 05/01/28 9.125 8.125 15.125 5.750
322-02 800645905 280,000.00 279,912.95 05/01/98 04/01/28 11.625 10.625 17.625 7.400
322-02 800645939 416,000.00 415,741.43 06/01/98 05/01/28 8.375 7.375 14.375 5.000
322-02 800646135 42,000.00 41,986.58 05/01/98 04/01/28 11.500 11.500 17.500 8.250
322-02 800646143 91,000.00 90,977.99 05/01/98 04/01/28 12.750 11.750 18.750 8.375
322-02 800646622 60,000.00 60,000.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-02 800647190 51,850.00 51,828.69 05/01/98 04/01/28 12.500 11.500 18.500 8.125
322-02 800647505 308,000.00 307,880.86 05/01/98 04/01/28 10.625 9.625 16.625 7.500
322-02 800647539 48,000.00 48,000.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-02 800647869 91,800.00 91,756.02 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-02 800648289 92,000.00 91,952.31 05/01/98 04/01/28 9.250 8.250 15.250 6.550
322-02 800648503 104,882.00 104,882.00 06/01/98 05/01/28 13.125 12.125 19.125 9.500
322-02 800649279 68,800.00 68,800.00 07/01/98 06/01/28 11.125 10.125 17.125 7.850
322-02 800650947 253,670.00 253,606.88 05/01/98 04/01/28 12.625 11.625 18.625 8.750
322-02 800651861 20,400.00 20,400.00 06/01/98 05/01/28 8.250 8.250 14.250 5.000
322-02 800651879 121,500.00 121,453.00 06/01/98 05/01/28 10.625 9.625 16.625 7.300
322-02 800652570 59,200.00 59,177.17 05/01/98 04/01/28 10.625 9.625 16.625 7.300
322-02 800653198 104,550.00 104,291.22 05/01/98 04/01/28 10.250 9.250 16.250 6.250
322-02 800654154 52,700.00 52,700.00 06/01/98 05/01/28 10.250 9.250 16.250 6.250
322-02 800654220 48,000.00 47,975.99 04/01/98 03/01/28 12.625 11.625 18.625 9.050
322-02 800654402 94,500.00 94,460.37 05/01/98 04/01/28 10.250 9.250 16.250 7.650
322-02 800654584 54,400.00 54,383.99 05/01/98 04/01/28 11.875 10.875 17.875 6.950
322-02 800654618 64,100.00 64,100.00 05/13/98 04/13/28 10.125 9.125 16.125 6.100
322-02 800654659 63,000.00 63,000.00 06/01/98 05/01/28 9.000 8.000 15.000 5.000
322-02 800654725 95,200.00 95,164.16 05/01/98 04/01/28 10.750 9.750 16.750 7.650
322-02 800655276 58,500.00 58,421.71 04/01/98 03/01/28 10.000 9.000 16.000 6.875
322-02 800655375 64,750.00 64,661.01 04/04/98 03/04/28 9.875 8.875 15.875 6.375
322-02 800655953 26,550.00 26,537.28 05/01/98 04/01/28 9.625 8.625 15.625 6.250
322-02 800656340 86,000.00 85,898.09 05/01/98 04/01/28 8.625 7.625 14.625 6.050
322-02 800656373 58,500.00 58,500.00 06/01/98 05/01/28 9.125 8.125 15.125 5.750
322-02 800656639 118,000.00 117,931.88 06/01/98 05/01/28 9.375 8.375 15.375 6.000
322-02 800657041 95,200.00 95,200.00 07/01/98 06/01/18 12.125 11.125 18.125 8.000
322-02 800657090 130,500.00 130,437.48 06/01/98 05/01/28 9.625 8.625 15.625 5.250
322-02 800657363 60,000.00 59,987.03 05/01/98 04/01/28 13.250 12.250 19.250 9.400
322-02 800657462 344,000.00 344,000.00 06/01/98 05/01/28 9.375 8.375 15.375 6.500
322-02 800657710 146,180.00 146,180.00 06/01/98 05/01/28 10.875 9.875 16.875 7.000
322-02 800657793 73,600.00 73,557.67 04/01/98 03/01/28 12.000 11.000 18.000 8.400
322-02 800657876 140,000.00 139,917.34 05/01/98 04/01/28 8.625 7.625 14.625 5.550
322-02 800658619 52,600.00 52,550.72 04/01/98 03/01/28 9.750 8.750 15.750 6.000
322-02 800658999 270,000.00 269,778.59 04/01/98 03/01/28 10.375 9.375 16.375 7.300
322-02 800659179 100,800.00 100,800.00 06/01/98 05/01/28 9.625 8.625 15.625 6.000
322-02 800659765 48,750.00 48,734.42 05/01/98 04/01/28 11.500 10.500 17.500 7.900
322-02 800660292 34,200.00 34,183.61 05/01/98 04/01/28 9.625 8.625 15.625 6.250
322-02 800660524 72,000.00 71,970.61 05/01/98 04/01/28 12.375 11.375 18.375 8.625
322-02 800661076 146,000.00 145,852.00 05/01/98 04/01/28 9.375 8.375 15.375 6.250
322-02 800661902 134,000.00 133,904.01 05/01/98 04/01/28 11.000 11.000 17.000 8.000
322-02 800662702 87,000.00 86,932.40 05/01/98 04/01/28 10.625 9.625 16.625 7.050
322-02 800662777 97,750.00 97,750.00 06/01/98 05/01/28 11.250 10.250 17.250 7.375
322-02 800662868 112,000.00 112,000.00 06/01/98 05/01/28 11.000 10.000 17.000 7.150
322-02 800663239 75,000.00 74,967.69 06/01/98 05/01/28 10.125 9.125 16.125 6.500
322-02 800663312 120,700.00 120,663.49 05/01/98 04/01/28 11.750 10.750 17.750 7.625
322-02 800663346 55,250.00 55,208.21 04/01/98 03/01/28 10.750 10.750 16.750 7.300
322-02 800663353 630,000.00 629,698.19 05/01/98 04/01/28 9.625 8.625 15.625 6.300
322-02 800663403 87,200.00 87,159.32 06/01/98 05/01/28 9.750 8.750 15.750 6.125
322-02 800663478 175,950.00 175,828.91 04/05/98 03/05/28 9.875 8.875 15.875 6.750
322-02 800664286 195,500.00 195,500.00 06/01/98 05/01/28 11.875 10.875 17.875 7.750
322-02 800664534 62,000.00 61,977.29 05/01/98 04/01/28 10.875 9.875 16.875 7.375
322-02 800664575 50,100.00 50,083.55 06/01/98 05/01/28 11.375 10.375 17.375 7.375
322-02 800664849 288,000.00 288,000.00 06/01/98 05/01/28 9.000 8.000 15.000 6.450
322-02 800664997 613,000.00 612,721.51 06/01/98 05/01/28 9.875 8.875 15.875 6.750
322-02 800665408 42,800.00 42,765.83 04/01/98 03/01/28 10.500 9.500 16.500 6.300
322-02 800666299 95,800.00 95,744.54 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-02 800666422 62,765.00 62,739.38 05/01/98 04/01/28 10.375 9.375 16.375 7.300
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 15 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 800666471 ROBINSON MICHELLE A 830 19TH STREET NORTHEAST NE WASHINGTON DC 20002
322-02 800667024 TAKHAR PHAGWAN S 36356 PARK PLACE STREET STERLING HEIGHTS MI 48310
322-02 800667040 HESSEN KEVIN 1951 COLE BIRMINGHAM MI 48009
322-02 800667271 SCHULZE WALTER 2244 OLEADA COURT ENGLEWOOD FL 34224
322-02 800667792 MANCINELLI RAY R 231 PRINCE WILLIAM WAY CHALFONT PA 18914
322-02 800667925 ADDIE ROBIN 4326 EAST 116TH STREET CLEVELAND OH 44105
322-02 800668337 PRIEST PHILIP K 3833 VANDAN ROAD MINNETONKA MN 55345
322-02 800668386 CRANDALL ROBERT L 8826 CEDAR CT CLARKSTON MI 48348
322-02 800668774 CHANDLER PERCY L 875 LAFOND AVENUE ST PAUL MN 55104
322-02 800669095 MARZONIE THEODORE J JR 4845 LAKESIDE BLVD HALE MI 48739
322-02 800669889 LISS KENN S 3316 NORTH SOUTHPORT AVE CHICAGO IL 60657
322-02 800670200 HOOD RENEE 1415 VALLEY VIEW DRIVE TUNKHANNOCK PA 18334
322-02 800670598 HENRY ANTHONY 1138 EAST 103RD STREET BROOKLYN NY 11236
322-02 800670663 BONANNO THOMAS 10 BUNKER AVENUE LIDO BEACH NY 11360
322-02 800670986 MARTIN JAMES A 542 WALNUT STREET HAPEVILLE GA 30354
322-02 800671240 KRUSE RICHARD R 11467 KOTH ROAD LINDEN MI 48451
322-02 800671927 BURRUANO MICHAEL 19-18 149TH STREET WHITESTONE QUEENS NY 11357
322-02 800673139 JELKS CURLEY M 403-05 EAST 146TH STREET CLEVELAND OH 44110
322-02 800673519 MADDALONE KAREN S 0097 PICA LANE CARBONDALE CO 81623
322-02 800673998 NICHOLS ELAINE 130 TUXEDO PARKWAY NEWARK NJ 07106
322-02 800674053 DELISA DOUGLAS S 81 LARCH STREET PORT READING NJ 07064
322-02 800674194 ZUZIERLA JAMES 15 GREENTREE DRIVE RIVERHEAD NY 11901
322-02 800675183 JACKSON PAUL 3647 DOGWOOD COURT LAKELAND FL 33813
322-02 800675431 STUTO JOANN 126 SUNDOWN ROAD KERHONKSON NY 12404
322-02 800675514 GOODSELL L BRADLEY 2241 WEST 2200 SOUTH SYRACUSE UT 84075
322-02 800675795 JOHNSON MATTHEW P 1002 WEST GRAND RIVER WILLIAMSTON MI 48895
322-02 800675845 ORDONE WILLIE M 10191 CHAPEL LOOP ROAD LELAND NC 28451
322-02 800675852 PROVANCE JAMES 109 MARION STREET HICKMAN KY 42050
322-02 800675902 BRUIN WAYNE 3992 LOT 1 LEXINGTON RICHMOND KY 40475
322-02 800676066 DAVENPORT MARY A 13700 WADSWORTH DETROIT MI 48227
322-02 800676140 SHOKRI ARDALAN 1038 ROLLING WOODS WAY CONCORD CA 94521
322-02 800676223 DEL FRANCESC PATRICK 114 HARBOUR LANE BAY SHORE NY 11706
322-02 800676421 SUMMERS DONALD L 17709 INGLESIDE CLEVELAND OH 44119
322-02 800676611 PHAM UYEN KHAC 1904 ROSE CORAL DRIVE LAS VEGAS NV 89106
322-02 800676801 ELLIOTT GEORGE R 722 WEST LOCUST STREET SHELBYVILLE IN 46176
322-02 800676868 LUCIUS MONICA TANYA 5332 WINNER AVENUE BALTIMORE MD 21215
322-02 800676900 MALOVICH ERIC L BOX 293 CLAYSBURG PA 16625
322-02 800677452 ANDERSEN DAVID J 2025 50TH STREET NORTH ST PETERSBURG FL 33710
322-02 800677585 SMITH CALVIN 14716 SOUTHEAST 91ST AVE SUMMERFIELD FL 34491
322-02 800678070 HILLS TONJA 22 SOUTH 11TH AVENUE MT VERNON NY 10550
322-02 800678310 MARTINS JOSE C 600 1/2 NEW BRUNSWICK AVE PHILLIPSBURG NJ 08865
322-02 800679524 MOLINA SUSANA 353 CAMBRIA COURT SAFETY HARBOR FL 34695
322-02 800679706 BELL JAMES A JR 3322 AVENUE D BROOKLYN NY 11203
322-02 800679755 WHITE JENNIFER A 101 NORTH PLAZA AVENUE DAYTON OH 45417
322-02 800679912 SUAREZ STEVEN 11912 SOUTH STEWART CHICAGO IL 60628
322-02 800680019 HARDING WARREN 13194 LACKLAND DRIVE DENVER CO 80239
322-02 800680340 MASON JOELLA 7 5TH STREET BANGOR PA 18013
322-02 800680357 OGLESBY JOHN M 6120 COUNTRYVIEW LANE RALEIGH NC 27606
322-02 800680514 GRUVER DANIEL J 1281 JUBILEE ROAD GOULDSBORO PA 18424
322-02 800680878 PAWLENKO GRAZYNA 13270 14 MILE RD WARREN MI 48093
322-02 800681116 BITZBERGER MICHELLE L 3167 WILLIAM ROAD BOOTHWYN PA 19061
322-02 800681124 FOX MARY 6751 N 13TH STREET UNIT 4D PHILADLEPHIA PA 19126
322-02 800681397 EITNIER SYLVIA 605 N LIME STREET LANCASTER PA 17602
322-02 800681892 SULEIMAN LARA 3517 11TH AVENUE NORTH ST PETERSBURG FL 33713
322-02 800682114 MCCAFFERTY CHRISTINE M 7053 ROLLING HILLS WATERFORD MI 48327
322-02 800682221 DEMARTINIS DONATO 11 JACKSON STREET EAST HANOVER NJ 07936
322-02 800682510 GLISAN JUELE 28 BLUE MOON TRAIL SILVERTHORNE CO 80498
322-02 800682916 VERLEY CRYSTAL 4259 SOUTH 950 EAST SOUTH OGDEN UT 84403
322-02 800683989 VELLARO VICTORIA LOT 1 BLOCK A5 SEC 1 LAKE POCONO LAKE PA 18347
322-02 800684029 ROBBINS JAMES 1 MEIXELL VALLEY ROAD BRODHEADSVILLE PA 18322
322-02 800684292 NAPOLITANO LISA 300 CATHARINE STREET PHILADELPHIA PA 19148
322-02 800684904 EDWARDS SAMUEL 11 COLMAN STREET NEW LONDON CT 06320
322-02 800685661 LEBEAU LAWRENCE 172 RUGGLES AVENUE UNIT 3 NEWPORT RI 02840
322-02 800686230 CARTER MARY ANN 371 NORTH MAIN STREET BARNEGAT NJ 08005
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 15 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 800666471 100,800.00 100,755.41 05/01/98 04/01/28 10.000 9.000 16.000 6.550
322-02 800667024 60,800.00 60,733.33 05/01/98 04/01/28 9.000 8.000 15.000 5.500
322-02 800667040 115,000.00 114,938.80 05/01/98 04/01/28 9.125 8.125 15.125 6.300
322-02 800667271 100,000.00 99,942.46 05/01/98 04/05/28 8.750 7.750 14.750 6.000
322-02 800667792 126,000.00 125,885.04 04/16/98 03/16/28 9.875 8.875 15.875 7.300
322-02 800667925 46,700.00 46,700.00 06/01/98 05/01/28 11.125 10.125 17.125 7.000
322-02 800668337 176,000.00 175,933.74 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-02 800668386 172,000.00 171,881.63 06/01/98 05/01/28 7.875 6.875 13.875 5.000
322-02 800668774 64,800.00 64,786.39 05/03/98 04/03/28 13.375 12.375 19.375 9.500
322-02 800669095 85,200.00 85,200.00 06/01/98 05/01/28 7.875 6.875 13.875 5.250
322-02 800669889 442,500.00 442,276.54 05/01/98 04/01/28 9.375 8.375 15.375 6.550
322-02 800670200 120,000.00 119,952.31 05/01/98 04/01/28 10.500 9.500 16.500 7.050
322-02 800670598 225,000.00 225,000.00 07/01/98 06/01/28 9.000 8.000 15.000 5.500
322-02 800670663 220,500.00 220,405.03 05/01/98 04/01/28 10.125 9.125 16.125 6.800
322-02 800670986 58,500.00 58,500.00 06/01/98 05/01/28 9.125 8.125 15.125 5.750
322-02 800671240 105,000.00 104,971.58 05/06/98 04/06/28 12.250 12.250 18.250 9.000
322-02 800671927 328,000.00 327,806.35 05/01/98 04/01/28 8.625 7.625 14.625 6.050
322-02 800673139 67,500.00 67,469.34 05/01/98 04/01/28 9.875 8.875 15.875 5.850
322-02 800673519 80,000.00 80,000.00 06/01/98 05/01/28 9.125 8.125 15.125 5.250
322-02 800673998 122,500.00 122,452.62 05/01/98 04/01/28 10.625 9.625 16.625 6.900
322-02 800674053 104,000.00 104,000.00 06/01/98 05/01/28 13.000 12.000 19.000 9.125
322-02 800674194 157,250.00 157,250.00 06/01/98 05/01/28 10.625 9.625 16.625 6.750
322-02 800675183 80,000.00 80,000.00 06/01/98 05/01/28 9.125 8.125 15.125 5.750
322-02 800675431 38,400.00 38,388.39 05/01/98 04/01/28 11.750 10.750 17.750 8.375
322-02 800675514 120,600.00 120,529.38 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-02 800675795 81,600.00 81,561.93 05/01/98 04/01/28 9.750 8.750 15.750 6.750
322-02 800675845 62,050.00 61,980.66 05/01/98 04/01/18 11.250 10.250 17.250 7.250
322-02 800675852 35,750.00 35,741.59 05/01/98 04/01/28 12.875 11.875 18.875 8.750
322-02 800675902 58,800.00 58,779.59 05/01/98 04/01/28 11.125 10.125 17.125 7.650
322-02 800676066 34,000.00 34,000.00 06/08/98 05/08/28 12.000 11.000 18.000 8.625
322-02 800676140 377,200.00 377,200.00 06/01/98 05/01/28 9.750 8.750 15.750 6.625
322-02 800676223 228,000.00 228,000.00 07/01/98 06/01/28 10.750 9.750 16.750 7.250
322-02 800676421 64,800.00 64,767.28 05/01/98 04/01/28 9.375 8.375 15.375 6.250
322-02 800676611 90,865.00 90,821.47 05/01/98 04/01/28 9.625 8.625 15.625 6.000
322-02 800676801 40,500.00 40,481.60 05/01/98 04/01/28 9.875 8.875 15.875 6.250
322-02 800676868 63,000.00 62,971.38 05/01/98 04/01/28 9.875 8.875 15.875 6.750
322-02 800676900 45,000.00 45,000.00 06/01/98 05/01/18 10.625 9.625 16.625 7.750
322-02 800677452 79,050.00 78,992.79 06/01/98 05/01/28 7.625 6.625 13.625 5.000
322-02 800677585 30,400.00 30,400.00 06/01/98 05/01/13 11.125 10.125 17.125 7.750
322-02 800678070 148,500.00 148,434.31 05/01/98 04/01/28 10.000 9.000 16.000 6.550
322-02 800678310 101,000.00 100,959.86 06/01/98 05/01/28 10.500 9.500 16.500 7.000
322-02 800679524 52,500.00 52,471.32 06/01/98 05/01/28 9.000 8.000 15.000 5.500
322-02 800679706 159,750.00 159,750.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-02 800679755 18,000.00 17,992.62 04/01/98 03/01/28 13.500 12.500 19.500 8.700
322-02 800679912 68,000.00 67,932.84 04/01/98 03/01/28 9.500 8.500 15.500 6.050
322-02 800680019 71,200.00 71,200.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-02 800680340 79,650.00 79,606.50 06/01/98 05/01/28 9.000 8.000 15.000 5.500
322-02 800680357 92,800.00 92,772.70 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-02 800680514 91,530.00 91,454.94 04/01/98 03/01/28 10.375 9.375 16.375 7.300
322-02 800680878 99,000.00 98,914.34 05/01/98 04/01/28 10.125 9.125 16.125 6.500
322-02 800681116 142,700.00 142,629.44 05/01/98 04/01/28 9.750 8.750 15.750 6.250
322-02 800681124 41,650.00 41,599.36 05/01/98 04/01/28 8.500 7.500 14.500 4.750
322-02 800681397 50,400.00 50,353.83 04/01/98 03/01/28 11.750 10.750 17.750 6.900
322-02 800681892 44,550.00 44,527.51 05/01/98 04/01/28 9.375 8.375 15.375 6.250
322-02 800682114 79,000.00 78,947.00 05/01/98 04/01/28 8.000 7.000 14.000 4.750
322-02 800682221 308,000.00 307,914.29 05/01/98 04/01/28 12.125 11.125 18.125 8.750
322-02 800682510 500,000.00 499,465.80 04/01/98 03/01/28 9.125 8.125 15.125 6.250
322-02 800682916 83,300.00 83,259.03 06/01/98 05/01/28 11.500 10.500 17.500 7.875
322-02 800683989 53,450.00 53,432.92 05/01/98 04/01/28 11.500 10.500 17.500 7.500
322-02 800684029 77,000.00 77,000.00 07/01/98 06/01/28 10.250 9.250 16.250 6.250
322-02 800684292 88,000.00 88,000.00 07/04/98 06/04/28 8.500 7.500 14.500 5.000
322-02 800684904 64,000.00 63,981.69 05/01/98 04/01/28 12.000 11.000 18.000 8.375
322-02 800685661 88,000.00 87,943.47 05/01/98 04/01/28 11.500 10.500 17.500 7.750
322-02 800686230 87,500.00 87,461.30 06/01/98 05/01/28 10.000 9.000 16.000 6.000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 16 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 800686255 BODNER SAMUEL 87 APSEN DRIVE WOODBURY NY 11797
322-02 800686362 QUINNEY PATTI M 2113 NORTH 1450 EAST LAYTON UT 84040
322-02 800686867 MITCHELL DESIREE 2108 17TH STREET SOUTH ST PETERSBURG FL 33712
322-02 800686909 ANDERSON KENNETH W JR 200 WHITE BIRCH DRIVE SOUTHBURY CT 06488
322-02 800687238 WEINGARDEN STANLEY M 29061 RAMBLEWOOD DRIVE FARMINGTON MI 48334
322-02 800687287 COLON EDWIN K 781 N VALLEY VIEW # C ST GEORGE UT 84770
322-02 800687402 FONTANA EMILIO 702 CARMAN AVENUE WESTBURY NY 11590
322-02 800687600 DRUMMOND STEPHEN 455 49TH STREET PENNSAUKEN NJ 08110
322-02 800687865 BODERMAN JEFF J 3187 KATHY WAY LOOMIS CA 95650
322-02 800687956 SEAVER ROBERT S 2056 NORTH 2475 WEST CLINTON UT 84015
322-02 800688160 PASQUARIELLO ANTHONY 830 MAIN STREET NORTHAMPTON PA 18067
322-02 800688335 PASKO LOUIS J 1574 EMPIRE LINCOLN PARK MI 48146
322-02 800688483 TWICHELL MARK 421 WEST HOWE LANSING MI 48906
322-02 800688509 DRUK RONALD J 1662 NORTHEAST CLOUD DRIVE BLAINE MN 55434
322-02 800688533 SHURMUR KEITH M 2015 NORTH TERRITORIAL NORTHFIELD TWP MI 48189
322-02 800688558 FASOIS NICHOLAS S JR 239 EMELIA DRIVE BEAR DE 19701
322-02 800688731 ZIELINSKI WILLIAM J 754 SOUTH 18TH STREET PHILADELPHIA PA 19146
322-02 800689838 BRENISER GARY W 1783 HEMLOCK ROAD LANCASTER PA 17603
322-02 800689903 COOLBAUGH JOSEPH M 41 NORTH GRANT STREET WILKES BARRE PA 18702
322-02 800690166 KABRIEL KEVIN D 140 EAST HUDSON AVENUE DAYTON OH 45405
322-02 800690364 BANNISTER FRANK 1305 CENTER DRIVE BLAKESLEE PA 18610
322-02 800690380 PIPKIN RITA 117 FOURTH STREET ELLERBE NC 28338
322-02 800690414 POWELL DAVE E 185-24 140TH AVENUE SPRINGFIELD GDNS NY 11413
322-02 800690968 GREEN DUSKA DEE 2550 WEST RUSTIC MEADOW CI SOUTH JORDAN UT 84095
322-02 800691081 FREEMAN GARY E ROUTE 1 SPENCER IN 47460
322-02 800691479 VARGAS ROSA 631 EAST 49TH AVENUE DENVER CO 80216
322-02 800691560 WESTON BRUCE E 216 COTTAGE AVENUE EAST WEST CARROLLTON OH 45449
322-02 800691644 HOLT CHARLENE 2633 NORTH COLLEGE AVENUE INDIANAPOLIS IN 46205
322-02 800692196 HARRELL DIXIE L 2626 WEST ST JOSEPH DRIVE DUNEDIN FL 34698
322-02 800692782 JONES LARRY E N4348 ALLAN ROAD PORTAGE WI 53901
322-02 800692915 HEITKAMP BRENDA 3125 DISCOVERY TRAIL DAYTON OH 45449
322-02 800692964 BUI THEM QUOC 5937 E ROOSEVELT BLVD PHILADELPHIA PA 19149
322-02 800693020 MELOCHE ANTHONY M 4050 OLMSTEAD WATERFORD MI 48329
322-02 800693376 MOUNDROS EFFIE 25-19 36TH STREET ASTORIA NY 11103
322-02 800693830 ROSEBERRY ROGER L 334-334 1/2 CHURCH STREET GALION OH 44833
322-02 800693921 MUSTAFA SHAMA 1263 BROOKLINE COURT NAPERVILLE IL 60563
322-02 800694218 JOHNSON DAVID 42 BOCK AVENUE NEWARK NJ 07112
322-02 800694234 DUX CHRISTOPHE 7981 BENJAMIN DRIVE INDIANAPOLIS IN 46226
322-02 800694531 OBLAK JOHN D 15320 DRAKE SOUTHGATE MI 48195
322-02 800694572 AMARILLO JOAN B 313 KESTRAL DR CALABASH NC 28467
322-02 800695728 PHILLIPS ALBERT N 1300 GRACELAND DRIVE FAIRBORN OH 45324
322-02 800696031 ROGERS JACK K 38 SHADY TERRACE WAYNE NJ 07470
322-02 800696072 WILSON DORIS 107 GRAINGER AVENUE KINSTON NC 28501
322-02 800696296 OWENS MARK 66 MORRIS STREET ALBANY NY 12208
322-02 800696551 UNDERHILL BRIAN 24193 FILLMORE ROAD SOUTH BEND IN 46619
322-02 800696635 BETTS MICHELE 46559 SCHIMMEL COURT SHELBY TWP MI 48080
322-02 800696650 ALKATIB ADEL 23611 GARDNER OAK PARK MI 48237
322-02 800696700 MCGEE DWIGHT J 20500 BUFFALO AVENUE DETROIT MI 48213
322-02 800696726 FUSSNER MARK D 15536 ANNE AVENUE ALLEN PARK MI 48101
322-02 800697542 ISROW LINDA A 233 N 3RD STREET MARINE CITY MI 48039
322-02 800697609 MORTILLARO VINCENZO 46670 GADWALL MACOMB MI 48044
322-02 800698136 BOYER ROD E 3541 SHERIDAN DRIVE TERRE HAUTE IN 47804
322-02 800698599 CORCORAN MICHELINE M 92 HUNTERS AVENUE NORWICH CT 06380
322-02 800698763 THOMPSON ERIN N 2739 ENTERPRISE RD EAST #4 CLEARWATER FL 33759
322-02 800698789 CORCORAN MICHELINE M 98 HUNTERS AVENUE NORWICH CT 06380
322-02 800699209 KOGLER JORG D 1300 WEST ERB PLACE DENVER CO 80223
322-02 800699621 KOCH LYNN 354 PAWNEE DRIVE AUBURN PA 17922
322-02 800699795 HAWKINS ROBERT L 11811 PINE WAY COURT PLYMOUTH MI 48170
322-02 800699977 AINI MICHAEL 725 AVENUE T BROOKLYN NY 11021
322-02 800700197 AUSTIN PAUL 13066 KILBOURN DETROIT MI 48213
322-02 800700221 BOWEE BARBARA J 464 RIDGE ROAD ORANGE CT 06477
322-02 800700296 JUSTICE BOBBY J 835 9TH ST NE MASSILLON OH 44646
322-02 800700676 SMITH BELINDA K 117 BEATTY AVENUE RICHWOOD OH 43344
322-02 800700726 BENSON DEBORAH Y 5033 EVANSTON AVENUE INDIANAPOLIS IN 46205
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 16 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 800686255 195,000.00 194,916.00 05/01/98 04/01/28 10.125 9.125 16.125 6.250
322-02 800686362 169,200.00 169,045.64 05/01/98 04/01/28 9.875 8.875 15.875 6.500
322-02 800686867 59,415.00 59,415.00 07/01/98 06/01/28 10.875 9.875 16.875 6.500
322-02 800686909 127,120.00 127,120.00 06/01/98 05/01/28 8.500 7.500 14.500 5.375
322-02 800687238 189,000.00 188,911.82 05/01/98 04/01/28 9.750 8.750 15.750 6.250
322-02 800687287 66,725.00 66,725.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-02 800687402 135,000.00 135,000.00 06/01/98 05/01/28 9.375 8.375 15.375 5.500
322-02 800687600 79,900.00 79,873.02 05/01/98 04/01/28 11.250 10.250 17.250 7.875
322-02 800687865 122,400.00 122,311.41 05/01/98 04/01/28 7.625 6.625 13.625 4.500
322-02 800687956 85,000.00 84,964.35 05/01/98 04/01/28 12.250 11.250 18.250 8.125
322-02 800688160 49,870.00 49,870.00 07/01/98 06/01/28 8.875 7.875 14.875 5.500
322-02 800688335 56,900.00 56,900.00 06/01/98 05/01/28 10.500 9.500 16.500 6.500
322-02 800688483 38,400.00 38,354.50 05/01/98 04/01/28 8.625 7.625 14.625 5.250
322-02 800688509 128,800.00 128,747.41 05/01/98 04/01/28 10.375 9.375 16.375 6.300
322-02 800688533 136,000.00 135,927.63 06/01/98 05/01/28 9.125 8.125 15.125 5.375
322-02 800688558 122,400.00 122,342.89 05/01/98 04/01/28 9.750 8.750 15.750 6.625
322-02 800688731 56,800.00 56,763.78 06/01/98 05/01/28 8.250 7.250 14.250 4.250
322-02 800689838 68,000.00 67,965.66 05/01/98 04/01/28 9.375 9.375 15.375 5.750
322-02 800689903 27,965.00 27,965.00 07/01/98 06/01/28 10.250 9.250 16.250 6.250
322-02 800690166 61,200.00 61,165.69 06/01/98 05/01/28 8.875 7.875 14.875 5.750
322-02 800690364 114,375.00 114,325.74 05/01/98 04/01/28 10.125 9.125 16.125 6.625
322-02 800690380 40,600.00 40,568.25 05/01/98 04/11/18 13.875 12.875 19.875 10.000
322-02 800690414 230,400.00 230,295.33 05/01/98 04/01/28 9.875 9.875 15.875 6.875
322-02 800690968 140,250.00 140,250.00 06/01/98 05/01/28 10.750 9.750 16.750 7.500
322-02 800691081 66,000.00 66,000.00 06/01/98 05/01/28 10.625 9.625 16.625 6.500
322-02 800691479 49,600.00 49,600.00 06/01/98 05/01/28 11.875 10.875 17.875 7.875
322-02 800691560 67,900.00 67,875.11 05/01/98 04/01/28 10.875 9.875 16.875 5.750
322-02 800691644 32,000.00 31,982.97 05/01/98 04/01/28 9.125 8.125 15.125 5.750
322-02 800692196 87,200.00 87,200.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-02 800692782 132,000.00 132,000.00 07/01/98 06/01/28 9.625 8.625 15.625 5.750
322-02 800692915 23,700.00 23,690.83 05/01/98 04/01/28 10.625 9.625 16.625 6.500
322-02 800692964 46,800.00 46,782.38 05/01/98 04/01/28 10.750 9.750 16.750 7.375
322-02 800693020 90,000.00 89,960.19 05/01/98 04/01/28 10.000 9.000 16.000 6.250
322-02 800693376 280,000.00 279,919.88 05/01/98 04/01/28 12.000 11.000 18.000 8.250
322-02 800693830 35,000.00 34,989.70 05/01/98 04/01/28 11.875 10.875 17.875 8.125
322-02 800693921 117,000.00 116,913.87 05/01/98 04/01/28 10.875 9.875 16.875 7.450
322-02 800694218 115,000.00 114,959.00 05/01/98 04/01/28 11.000 10.000 17.000 7.725
322-02 800694234 45,000.00 44,976.06 06/01/98 05/01/28 9.125 8.125 15.125 5.500
322-02 800694531 86,400.00 86,344.90 05/01/98 04/01/28 8.250 7.250 14.250 5.625
322-02 800694572 66,150.00 66,077.30 05/01/98 04/01/18 11.375 10.375 17.375 8.000
322-02 800695728 140,000.00 139,827.05 04/01/98 03/01/28 10.375 9.375 16.375 6.200
322-02 800696031 140,000.00 139,962.12 05/01/98 04/01/28 12.250 12.250 18.250 8.750
322-02 800696072 49,300.00 49,300.00 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-02 800696296 59,962.00 59,962.00 07/01/98 06/01/28 9.750 8.750 15.750 5.750
322-02 800696551 76,400.00 76,369.64 06/01/98 05/01/28 10.500 9.500 16.500 6.250
322-02 800696635 129,200.00 129,147.25 05/01/98 04/01/28 10.375 9.375 16.375 6.950
322-02 800696650 88,500.00 88,500.00 07/01/98 06/01/28 8.500 7.500 14.500 5.000
322-02 800696700 20,100.00 20,092.64 05/01/98 04/01/28 10.875 9.875 16.875 6.750
322-02 800696726 73,600.00 73,600.00 06/03/98 05/03/28 10.500 9.500 16.500 6.375
322-02 800697542 69,000.00 68,965.15 06/01/98 05/01/28 9.375 9.375 15.375 6.625
322-02 800697609 169,100.00 169,034.59 06/01/98 05/01/28 10.625 10.625 16.625 7.875
322-02 800698136 120,000.00 119,937.79 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-02 800698599 68,250.00 67,571.89 04/27/98 03/27/28 10.125 9.125 16.125 6.250
322-02 800698763 80,550.00 80,550.00 06/01/98 05/01/28 8.625 7.625 14.625 5.750
322-02 800698789 106,000.00 105,008.76 05/01/98 04/01/28 9.875 8.875 15.875 6.000
322-02 800699209 70,000.00 69,930.86 05/01/98 04/01/28 9.500 8.500 15.500 6.375
322-02 800699621 76,800.00 76,800.00 07/01/98 06/01/28 9.000 8.000 15.000 5.500
322-02 800699795 154,900.00 154,808.54 05/01/98 04/01/28 8.625 7.625 14.625 5.375
322-02 800699977 300,000.00 299,877.53 06/01/98 05/01/28 10.375 9.375 16.375 8.350
322-02 800700197 48,000.00 47,982.88 05/01/98 04/01/28 11.000 10.000 17.000 6.875
322-02 800700221 95,000.00 94,950.75 05/01/98 04/01/28 9.250 8.250 15.250 5.600
322-02 800700296 72,000.00 72,000.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-02 800700676 69,500.00 69,500.00 06/01/98 05/01/28 11.500 10.500 17.500 7.600
322-02 800700726 76,500.00 76,500.00 06/01/98 05/01/28 9.500 8.500 15.500 5.500
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 17 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 800700734 PALMER SHARON 5909 MAGNOLIA LANE ROWLETT TX 75088
322-02 800700775 AHMED UZMA N 1445 N MERRIMAC HANOVER PARK IL 60103
322-02 800700908 CARDINALE JOHN P 348 EAST VISTA DRIVE SILT CO 81652
322-02 800701005 KEET PETER C 733 S DELAWARE DRIVE MT BETHEL PA 18343
322-02 800701302 WARREN PAMELA A 728 CATAWBA MUSKEGON MI 49441
322-02 800701526 PRICE KERRY R 160 SOUTH HANOVER STREET LEBANON PA 17042
322-02 800701815 LURIE RANDY B 4041 HARDWOOD RD SOUTH EUCLID OH 44121
322-02 800701856 YEAROUT PAUL F 5092 SHORECREST DRIVE NE MOSES LAKE WA 98837
322-02 800702151 HILEMAN-ANDE CYNTHIA JANE 3301 17 MILE DRIVE #14 PEBBLE BEACH CA 93953
322-02 800702334 KLEIN MARK 167 WEST 228 STREET BRONX NY 10463
322-02 800702623 HIGGINS ALBERT R 34 MAPLE AVENUE BELLEVILLE TOWNSHIP NJ 07109
322-02 800702888 VASQUEZ ROBERT 9 BUCKINGHAM ROAD MARLTON NJ 08053
322-02 800703043 ZYGMOND STANLEY 1042 ROUTE 202-206 BRIDGEWATER NJ 08807
322-02 800703233 SMITH EDWARD C 4232 HALL ST ACWORTH GA 30102
322-02 800703308 VILLARREAL DANIEL 512 ELLIS COURT GOLDEN CO 80401
322-02 800703514 BROWN BOBBY D 24 KREIDER AVENUE LANCASTER PA 17601
322-02 800703993 ANDREW RICHARD SMITH ROAD SALEM NY 12865
322-02 800704132 BEAUREGARD RICHARD 366 WEST BARBARA AVENUE LAYTON UT 84041
322-02 800704173 ALDIRAWI QUASSIM 6815 MONTROSE DETROIT MI 48228
322-02 800704256 FRESHWATER CHRIS A 14650 CHICKENBRISTLE ROAD FARMERSVILLE OH 45325
322-02 800704298 HARRIS CECILIA 37 ORANGE PLACE TWP OF IRVINGTON NJ 07111
322-02 800704538 GOSTOMSKI DONNA 14 COUNTRY DOWNS CIRCLE FAIRPORT NY 14450
322-02 800704660 HARBOUR TIFFANY C 847 N EASTERN AVENUE INDIANAPOLIS IN 46201
322-02 800705279 MCLEMORE MICHAEL B 5356 NORWALDO AVENUE INDIANAPOLIS IN 46220
322-02 800705642 DAVIDS ERIC E 109 ELLIOT PLACE EAST ORANGE NJ 07018
322-02 800706228 KOEPKE JOHN W 43922 SOMERSET SQUARE CANTON MI 48187
322-02 800706830 FRAWLEY KARL M 154 FOUR MILE RIVER ROAD OLD LYME CT 06371
322-02 800707846 HIPPS PAUL G 1406 NAVAL AVENUE BREMERTON WA 98337
322-02 800707861 FOGT ROGER 11633 DUDLEY TAYLOR MI 48180
322-02 800707895 GILES MICHAEL 8142 SHERINGTON WAY CHARLOTTE NC 28227
322-02 800707978 DURKIN BRIAN J 40300 LITTLE FARM ROAD PUNTA GORDA FL 33955
322-02 800708125 HACHEM ALI 6317 AUBURN DETROIT MI 48228
322-02 800708299 MCLEISH ARCHIBALD 2510 BESSEMUND AVENUE FAR ROCKAWAY NY 11691
322-02 800708430 ESTRELLA JESUS MANUEL 3023 WEST SHAW BUTTE DRIVE PHOENIX AZ 85029
322-02 800708463 UMOH FRANCESCA L 5337 WHALEY DRIVE DAYTON OH 45427
322-02 800709248 LOUD RITA J 601 SYLVAN DRIVE LONGVIEW TX 75602
322-02 800709719 MARTINEZ RAFAEL 9581 MILLWOOD DRIVE TOBYHANNA PA 18466
322-02 800709800 MIFSUD DENISE M 2543 TAMPA WALLED LAKE MI 48309
322-02 800710493 ST CYR DOREEN 156 KING ARTHUR ROAD BLAKESLEE PA 18610
322-02 800710501 MCCULLOUGH MARGARET P 683 DOCTOR BOWERS ROAD LITTLE MOUNTAIN SC 29127
322-02 800711400 MERONE CAROLAN 9288 SOUTHWEST PICKENS AVE ARCADIA FL 34266
322-02 800711640 HINKLE DUANE I 330 MAIN STREET JEANSVILLE PA 18201
322-02 800713364 BACCHUS MARIA T 207 LYTTON CIRCLE ORLANDO FL 32824
322-02 800713976 DURAN SALLY A 4240 WALKER ROAD COLORADO SPRINGS CO 80908
322-02 800714123 YATES ARNOLD 410 OLEANDER GRAND SALINE TX 75140
322-02 800714289 BERGIN EILEEN 666 WASHINGTON AVENUE DUMONT NJ 07628
322-02 800714438 PETERSEN GLENN 206 EAST DORY DRIVE GOLDEN CO 80401
322-02 800714818 KING KENNETH P 837 HIGHLAND AVENUE LANCASTER PA 17603
322-02 800716177 KIRK BRADLEY FOREST GAINESBOROUGH LANE CAMERON NC 28326
322-02 800716250 MCCARTER ALBERT P 546 PLUM COURT MYRTLE BEACH SC 29526
322-02 800716433 DEMPSEY STEVEN M 6 LINGO ESTATES MILLSBORO DE 19966
322-02 800716565 BUCK DAVID W 805 SOUTH STREET ALTOONA PA 16602
322-02 800718140 MOTZ MELISSA ANNE 326 SUGAR PINE LANE NAPLES FL 34108
322-02 800718777 SENA PAUL #44 QUAIL TRAIL MORIARTY NM 87035
322-02 800720229 KNOWLES NORMA L RT 2 BOX 164-02 DELMAR DE 19940
322-02 800721086 BERGER DANIEL E 1255 LAKEWOOD ROAD UNIT A7 TOMS RIVER NJ 08753
322-02 800722787 ELLIOTT GEORGE ANNA 151 NOBHILL NORTH SC 29112
322-02 800726598 DOWDELL DEAN 7635 OLD OAKLAND BLVD W DR INDIANAPOLIS IN 46236
322-02 800728339 BROWN VICKI E 1202 HAEBERLE AVENUE NIAGARA FALLS NY 14301
322-02 800729030 MALLEY BRUCE T 126 LIGHTHOUSE DRIVE CAROLINA BEACH NC 28428
322-02 800733057 ANNARELLA FUKUE 1929 HALLAM AVENUE COLORADO SPRINGS CO 80911
322-02 800733966 EVANS JOSEPH B 1043 BEEBE ROAD HARRINGTON DE 19952
322-02 800735334 FOLLMER CHARLES R 20532 E MANSFIELD AVENUE AURORA CO 80013
322-02 800737504 WEIL NORMAN 226 CLEARFIELD STREET FREEMANSBURG PA 18017
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 17 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 800700734 63,900.00 63,838.54 05/01/98 04/01/28 9.625 8.625 15.625 6.500
322-02 800700775 83,200.00 83,200.00 06/01/98 05/01/28 12.750 11.750 18.750 9.000
322-02 800700908 160,000.00 160,000.00 07/01/98 06/01/28 11.125 10.125 17.125 5.750
322-02 800701005 85,035.00 85,035.00 06/01/98 05/01/28 11.875 10.875 17.875 8.000
322-02 800701302 24,500.00 24,500.00 06/01/98 05/01/28 10.250 9.250 16.250 6.000
322-02 800701526 34,650.00 34,616.67 05/01/98 04/01/28 9.625 8.625 15.625 6.250
322-02 800701815 76,800.00 76,749.30 06/01/98 05/01/28 11.375 10.375 17.375 7.500
322-02 800701856 165,600.00 165,600.00 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-02 800702151 472,000.00 471,633.24 06/01/98 05/01/28 10.625 9.625 16.625 6.000
322-02 800702334 162,000.00 162,000.00 06/01/98 05/01/28 9.250 9.250 15.250 6.250
322-02 800702623 109,800.00 109,707.52 05/01/98 04/01/28 10.250 9.250 16.250 7.375
322-02 800702888 108,000.00 107,962.52 05/01/98 04/01/28 11.125 10.125 17.125 8.000
322-02 800703043 153,000.00 152,844.86 05/01/98 04/01/28 9.375 8.375 15.375 6.000
322-02 800703233 57,600.00 57,600.00 07/01/98 06/01/18 10.625 9.625 16.625 7.000
322-02 800703308 160,650.00 160,422.49 05/01/98 04/01/28 9.750 8.750 15.750 6.625
322-02 800703514 99,000.00 99,000.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-02 800703993 89,970.00 89,890.07 04/01/98 03/01/28 10.000 9.000 16.000 6.125
322-02 800704132 103,500.00 103,500.00 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-02 800704173 60,000.00 59,942.27 05/01/98 04/01/28 9.625 8.625 15.625 6.125
322-02 800704256 104,798.00 104,798.00 06/01/98 05/01/28 12.125 11.125 18.125 7.750
322-02 800704298 104,000.00 103,976.67 05/01/98 04/01/28 13.000 12.000 19.000 9.400
322-02 800704538 102,000.00 101,916.34 04/01/98 03/01/28 10.375 9.375 16.375 6.200
322-02 800704660 50,400.00 50,400.00 06/01/98 05/01/28 10.125 9.125 16.125 5.750
322-02 800705279 79,500.00 79,500.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-02 800705642 112,000.00 111,865.43 02/01/98 01/01/28 12.875 11.875 18.875 8.700
322-02 800706228 150,300.00 150,222.07 05/01/98 04/01/28 9.250 9.250 15.250 6.250
322-02 800706830 202,400.00 202,246.91 05/01/98 04/01/28 10.750 9.750 16.750 6.750
322-02 800707846 55,000.00 55,000.00 06/01/98 05/01/28 11.625 10.625 17.625 7.750
322-02 800707861 87,500.00 87,500.00 06/01/98 05/01/28 11.375 10.375 17.375 7.250
322-02 800707895 83,610.00 83,610.00 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-02 800707978 79,200.00 79,200.00 06/01/98 05/01/28 9.250 8.250 15.250 6.250
322-02 800708125 62,000.00 62,000.00 06/01/98 05/01/28 11.000 10.000 17.000 7.375
322-02 800708299 176,000.00 175,948.23 05/01/98 04/01/28 11.875 11.875 17.875 8.625
322-02 800708430 64,000.00 63,936.79 05/01/98 04/01/28 9.500 8.500 15.500 6.300
322-02 800708463 36,800.00 36,767.30 04/01/98 03/01/28 10.000 9.000 16.000 5.700
322-02 800709248 57,800.00 57,739.27 07/01/98 06/01/28 11.125 10.125 17.125 7.250
322-02 800709719 138,800.00 138,800.00 07/01/98 06/01/28 10.125 9.125 16.125 5.750
322-02 800709800 209,500.00 209,402.26 05/01/98 04/01/28 9.750 8.750 15.750 6.125
322-02 800710493 62,400.00 62,400.00 06/01/98 05/01/28 11.250 10.250 17.250 7.500
322-02 800710501 132,600.00 132,600.00 07/01/98 06/01/28 10.875 9.875 16.875 7.000
322-02 800711400 33,300.00 33,255.43 06/01/98 05/01/18 9.875 8.875 15.875 6.750
322-02 800711640 19,080.00 19,073.00 05/01/98 04/01/28 10.875 9.875 16.875 7.300
322-02 800713364 133,200.00 133,129.12 06/01/98 05/01/28 9.125 8.125 15.125 6.250
322-02 800713976 159,200.00 159,200.00 06/01/98 05/01/28 11.625 10.625 17.625 8.000
322-02 800714123 24,500.00 24,500.00 06/01/98 05/01/28 9.125 8.125 15.125 6.250
322-02 800714289 78,000.00 77,981.13 05/01/98 04/01/28 12.750 11.750 18.750 8.250
322-02 800714438 129,600.00 129,600.00 06/01/98 05/01/28 9.500 8.500 15.500 5.500
322-02 800714818 63,200.00 63,185.55 05/01/98 04/01/28 13.000 12.000 19.000 9.125
322-02 800716177 115,000.00 115,000.00 07/01/98 06/01/28 10.875 9.875 16.875 7.250
322-02 800716250 86,700.00 86,700.00 07/01/98 06/01/28 10.875 9.875 16.875 7.250
322-02 800716433 63,900.00 63,900.00 06/01/98 05/01/18 11.000 10.000 17.000 7.625
322-02 800716565 18,750.00 18,742.35 06/01/98 05/01/28 10.375 9.375 16.375 6.750
322-02 800718140 43,500.00 43,451.04 05/01/98 04/01/28 8.875 7.875 14.875 5.250
322-02 800718777 75,650.00 75,650.00 07/01/98 06/01/18 11.500 10.500 17.500 7.250
322-02 800720229 74,500.00 74,463.35 06/01/98 05/01/28 9.500 8.500 15.500 5.500
322-02 800721086 35,000.00 35,000.00 06/01/98 05/01/28 9.625 8.625 15.625 6.000
322-02 800722787 31,410.00 31,410.00 06/01/98 05/01/18 10.375 9.375 16.375 7.250
322-02 800726598 106,200.00 106,200.00 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-02 800728339 22,400.00 22,377.88 05/01/98 04/01/28 9.500 8.500 15.500 4.700
322-02 800729030 148,400.00 148,400.00 06/01/98 05/01/28 11.500 10.500 17.500 7.500
322-02 800733057 76,925.00 76,861.93 06/01/98 05/01/28 10.375 9.375 16.375 7.000
322-02 800733966 89,500.00 89,500.00 06/01/98 05/01/28 9.000 8.000 15.000 5.250
322-02 800735334 134,564.00 134,484.56 05/01/98 04/01/28 8.625 7.625 14.625 5.500
322-02 800737504 44,800.00 44,786.82 06/01/98 05/01/28 11.875 10.875 17.875 8.000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class I
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 18 7/9/98
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-02 800739591 LOVEJOY JUNG-HEE 618 E SCENIC HILLS DRIVE NORTH SALT LAKE UT 84054
322-02 800740763 DAWSON CHRISTOPHE N 2 ROCK QUARRY ELM CITY NC 27822
322-02 800744153 LAYDEN ROSE 12 EAST CEDAR AVENUE MARLTON NJ 08053
322-02 800744930 YELVERTON RODNEY L 200 SIDNEY DRIVE DUDLEY NC 28333
322-02 800746638 OROURKE JOSEPH 14228 EAST 1ST DRIVE AURORA CO 80011
322-02 800748527 MENTONE DEAN F 269 FONTANA BLVD UNIT 20C FONTANA WI 53125
322-02 800748642 DRASLER TIMOTHY F 5510 GLENDALE GULCH CIRCLE BOULDER CO 80301
322-02 800749053 BONSALL NICKOLE 14380 SOUTH LAPIS LANE DRAPER UT 84091
322-02 800754178 POSSINGER GARY 113 WINONA LAKES EAST STROUDSBURG PA 18301
322-02 800757338 SHUMETTE PATRICK 21 WILLIAM COURT FAR ROCKAWAY NY 11096
322-02 800757346 DOWNING CHERYL LORRAIN 208 DOGWOOD DRIVE TARBORO NC 27886
322-02 800760761 WOODSON JUDITH FARISH 193 K RED HILL ROAD GORDONSVILLE VA 22942
322-02 800760779 SERRANO LUIS A LT 432 SEC K LAKESIDE DR TOBYHANNA PA 18466
322-02 800764359 MARTINEZ RAUL RT 1 BOX 22 1/2 SANTA CRUZ NM 87567
322-02 800765216 KLIMOK PAVEL 6010 OAKWOOD BLVD COLORADO SPRINGS CO 80918
322-02 800766859 MEDINA FRANCISCO JR 12442 MARIA CIRCLE BROOMFIELD CO 80020
322-02 800766875 FRASER KATHERINE L 7925 LINDSEY DRIVE COLORADO SPRINGS CO 80920
322-02 800768905 PETERSON DERRICK 6751 N 13TH STREET UNIT 3L PHILADELPHIA PA 19126
322-02 800773301 CODY KAREN Y 19408 40TH PLACE DENVER CO 80249
322-02 800782617 LAUGHLIN PHILIP C 488 WOODRUFF MOUNTAIN ROAD ROSEBURG OR 97470
322-02 800783128 ORBIN SHIRLEY A 1767 BRIDGEWATER DRIVE CONWAY SC 29526
322-02 800784829 CAMPAGNA MARIA LUCIA 730 3RD STREET #204 MIAMI BEACH FL 33139
322-02 800787020 PALACIO BRIAN S. 13218 SOUTHEAST 261ST STRE KENT WA 98042
322-02 800791410 ABRENICA JAIME 17591 WEBSTER AVENUE IRVINE CA 92614
322-02 800794356 MUNCY JOE P 9669 THUNDER MOUNTAIN WAY RENO NV 89511
322-02 800794372 FARMER DARYL LAMAR 6523 REEDY BRANCH ROAD ELM CITY NC 27822
322-02 800796351 MAAS HOLLY DEE 4066 SOUTH HANNIBAL STREET AURORA CO 80013
322-02 800801524 ALLEN RAY A 1119 SPRING SHOWER DRIVE KRUM TX 76249
322-02 800801557 DUFFY CHARLES A 1111 SPRING SHOWER DRIVE KRUM TX 76249
322-02 800801664 SHULL GREG 302304 NORTH WALCOTT INDIANAPOLIS IN 46201
322-02 800801771 COFFIN JEFF S 6715 SPRING BRANCH DRIVE KRUM TX 76249
322-02 800802589 BAGGETT ALLAN D 1115 SPRING SHOWER DRIVE KRUM TX 76249
322-02 800803256 POLANCHEK JOHN C 6816 SPRING BRANCH DRIVE KRUM TX 76249
322-02 800803264 SIMON MICHAEL 6125 WACO CT WEDGEFIELD SC 29168
322-02 800804825 COOK CLIFFORD RAYMOND 4323 TAMMY LEE LANE LAKELAND FL 33813
322-02 800805319 TYLER WILLIAM E 6810 SPRING SHOWER COURT KRUM TX 76249
322-02 800807398 WELLS JEFFERY L 7144 CREEKS CROSSING W BLOOMFIELD MI 48322
322-02 800809394 WOOD BRYANT GLEN 1637 CLOUDBURST CIRCLE LINCOLNTON NC 28092
322-02 800810913 CARRASQUILLO MONTES 6751 N 13TH STREET UNIT 2B PHILADELPHIA PA 19126
322-02 800813396 CROWLEY LEO THOMAS III 14668 NORTH OLYMPIC WAY FOUNTAIN HILLS AZ 85268
322-02 800817629 DERENDAL JOHN J 4631 EAST LONE CACTUS DRIV PHOENIX AZ 85024
322-02 800817926 BROWN LOUISE E 296 HOLLERING HILL ROAD WYOMING DE 19934
322-02 800820839 JORDAN GLENNIS W. 400 HWY 64 RAMSEY IN 47166
322-02 800823601 JACKSON KENNETH C 34905 SCHOOL LOOP ROAD BLACK CANYON AZ 85324
322-02 800826562 CHEN KWO-HWO 10244 WEST COLTER STREET PHOENIX AZ 85307
322-02 800830580 CURVEY CHARLES A SR 2209 S BRAESWOOD BLVD #31J HOUSTON TX 77030
322-02 800837080 BENNER BARBARA L 141 CHANDLER DRIVE RED LION PA 17356
322-02 800856221 SHERRICK CHARLES H 214 SPEIGHT AVENUE TARBORO NC 27886
322-02 800859654 LUNA ROBERT 5995 EAST ILIFF AVENUE 201 DENVER CO 80222
------------------------------------------------
551 Sale Total
1,134 Grand Total Class II
</TABLE>
<TABLE>
<CAPTION>
Alliance Funding Sale Schedule A - Class II
A division of Superior Bank FSB 1998-2 Class 2 - Initial Pool of Adjustable Rate Mortgages - Settlement 6/25/98 Page 18 7/9/98
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-02 800739591 222,400.00 222,400.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-02 800740763 82,500.00 82,500.00 07/01/98 06/01/28 11.500 10.500 17.500 7.500
322-02 800744153 120,000.00 120,000.00 06/01/98 05/01/28 9.750 8.750 15.750 6.000
322-02 800744930 67,500.00 67,418.08 06/01/98 05/01/18 10.625 9.625 16.625 7.250
322-02 800746638 48,125.00 48,106.88 05/01/98 04/01/28 10.750 9.750 16.750 7.050
322-02 800748527 79,800.00 79,769.95 05/01/98 04/01/28 10.750 10.750 16.750 7.550
322-02 800748642 207,900.00 207,900.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-02 800749053 155,700.00 155,700.00 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-02 800754178 65,000.00 64,965.41 06/01/98 05/01/28 9.125 8.125 15.125 5.500
322-02 800757338 103,500.00 103,500.00 06/01/98 05/01/28 9.625 8.625 15.625 6.250
322-02 800757346 66,600.00 66,600.00 07/01/98 06/01/18 10.875 9.875 16.875 7.250
322-02 800760761 89,600.00 89,600.00 06/01/98 05/01/28 9.250 8.250 15.250 5.500
322-02 800760779 146,400.00 146,400.00 06/01/98 05/01/28 12.125 11.125 18.125 8.000
322-02 800764359 97,750.00 97,750.00 06/01/98 05/01/18 10.750 9.750 16.750 7.250
322-02 800765216 111,160.00 111,090.90 06/01/98 05/01/28 8.375 7.375 14.375 5.500
322-02 800766859 123,500.00 123,437.63 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-02 800766875 107,950.00 107,950.00 07/01/98 06/01/28 10.000 9.000 16.000 6.250
322-02 800768905 41,650.00 41,626.04 06/01/98 05/01/28 8.750 7.750 14.750 4.250
322-02 800773301 136,520.00 136,472.63 06/01/98 05/01/28 11.125 10.125 17.125 7.250
322-02 800782617 92,650.00 92,650.00 07/01/98 06/01/28 9.625 8.625 15.625 6.750
322-02 800783128 75,000.00 75,000.00 06/01/98 05/01/28 10.750 9.750 16.750 7.125
322-02 800784829 217,425.00 217,425.00 07/01/98 06/01/28 11.625 10.625 17.625 8.000
322-02 800787020 110,500.00 110,500.00 07/01/98 06/01/28 9.250 8.250 15.250 5.250
322-02 800791410 192,000.00 192,000.00 06/01/98 05/01/28 9.125 8.125 15.125 5.500
322-02 800794356 164,008.00 163,944.56 06/01/98 05/01/28 10.625 9.625 16.625 7.250
322-02 800794372 91,000.00 91,000.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-02 800796351 123,300.00 123,300.00 06/01/98 05/01/28 9.375 8.375 15.375 6.250
322-02 800801524 108,900.00 108,900.00 07/01/98 06/01/28 8.875 7.875 14.875 5.750
322-02 800801557 104,000.00 104,000.00 07/01/98 06/01/28 10.250 9.250 16.250 6.000
322-02 800801664 54,400.00 54,400.00 07/01/98 06/01/28 11.625 10.625 17.625 7.000
322-02 800801771 130,500.00 130,500.00 07/01/98 06/01/28 8.875 7.875 14.875 5.750
322-02 800802589 109,800.00 109,800.00 07/01/98 06/01/28 8.875 7.875 14.875 5.750
322-02 800803256 95,250.00 95,250.00 07/01/98 06/01/28 10.000 9.000 16.000 5.750
322-02 800803264 57,800.00 57,800.00 07/01/98 06/01/18 9.375 8.375 15.375 6.000
322-02 800804825 44,100.00 44,100.00 07/01/98 06/01/18 9.875 8.875 15.875 6.750
322-02 800805319 105,825.00 105,825.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-02 800807398 172,500.00 172,500.00 06/01/98 05/01/28 11.000 10.000 17.000 7.625
322-02 800809394 47,175.00 47,175.00 07/01/98 06/01/18 11.500 10.500 17.500 7.250
322-02 800810913 48,800.00 48,800.00 07/01/98 06/01/28 9.750 8.750 15.750 6.000
322-02 800813396 105,400.00 105,400.00 06/01/98 05/01/28 10.875 9.875 16.875 7.250
322-02 800817629 103,920.00 103,886.79 06/01/98 05/01/28 11.500 11.500 17.500 8.750
322-02 800817926 73,500.00 73,500.00 07/01/98 06/01/28 8.625 7.625 14.625 5.500
322-02 800820839 72,400.00 72,400.00 07/01/98 06/01/18 10.875 9.875 16.875 7.250
322-02 800823601 45,000.00 45,000.00 06/01/98 05/01/13 11.625 10.625 17.625 8.375
322-02 800826562 76,500.00 76,500.00 06/01/98 05/01/28 11.000 10.000 17.000 7.375
322-02 800830580 51,000.00 51,000.00 07/01/98 06/01/28 8.750 7.750 14.750 4.750
322-02 800837080 96,900.00 96,900.00 07/01/98 06/01/28 9.875 8.875 15.875 6.500
322-02 800856221 95,000.00 95,000.00 07/01/98 06/01/28 10.750 9.750 16.750 6.250
322-02 800859654 46,125.00 46,125.00 07/01/98 06/01/28 11.875 10.875 17.875 7.750
---------- ----------------------------- ---------------- ------------------------
551 57,724,957.00 57,694,983.25 10.357 9.400 16.356 6.782
1,134 124,079,937.00 124,023,590.83 10.317 9.372 16.317 6.731
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 1 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 180032153 SUAREZ WILLY MARK 248,000.00 3 2,405.02 245,987.06 80.0
322-01 180062259 BROWN RALPH ELMER JR 79,200.00 1 616.01 78,392.56 89.2
322-01 180063539 GOLDBERG MARK L 72,000.00 1 618.59 71,466.43 80.0
322-01 180074262 EVANS LORRAINE 206,000.00 3 1,769.86 204,440.39 85.8
322-01 800133472 QUILES JOSE 180,000.00 3 1,883.70 179,032.31 90.0
322-01 800244618 ANGERS MARC D 152,500.00 1 1,366.55 151,904.43 89.9
322-01 800293060 OLSEN MICHELLE C 93,600.00 1 873.74 93,309.07 80.0
322-01 800365926 GUASTAMACCHI CATHERINE 121,500.00 1 1,134.18 121,171.07 90.0
322-01 800404857 DE VARONA SILVER STARR 44,525.00 6 428.23 44,430.14 65.0
322-01 800415812 NIEVES JANET 64,400.00 1 662.43 64,286.62 80.0
322-01 800421141 ROBERTS ERIC S 150,750.00 1 1,309.03 150,330.54 90.0
322-01 800433435 KAUFMANN VINCENT D 103,500.00 1 898.74 103,212.00 75.0
322-01 800437022 WOODHEAD ROGER 92,000.00 1 748.55 91,801.90 80.0
322-01 800479727 JAIKARAN JALAKRAM 119,700.00 1 1,072.63 119,444.72 88.6
322-01 800482168 COLLINS LAMONT D 143,225.00 1 1,350.45 142,620.93 85.0
322-01 800487860 RONDAO LOUIE 105,400.00 4 1,033.73 105,259.51 85.0
322-01 800488058 ENGLERT RICHARD 55,000.00 1 477.59 50,849.17 55.5
322-01 800495665 SIMMONDS JOHN LEE JR 20,000.00 2 170.00 19,931.29 80.3
322-01 800517252 MORRIS THOMAS 159,750.00 1 1,506.27 159,572.80 90.0
322-01 800521346 CURLEY EDWARD 132,000.00 1 1,511.94 131,918.27 80.0
322-01 800521478 MEYERS GLEN 147,870.00 3 1,256.88 147,510.07 90.0
322-01 800538118 PERKINS EUGENE P JR 121,500.00 3 1,145.61 121,365.23 90.0
322-01 800553679 MILLER DON 68,000.00 8 571.79 67,864.58 80.0
322-01 800555112 WHITE DERRICK 54,700.00 1 536.48 54,663.89 74.9
322-01 800565384 TEMPLETON DERIAN W. 86,700.00 1 866.86 86,673.54 85.0
322-01 800577512 HORNBY JOHN B 511,000.00 1 4,343.44 509,951.51 65.9
322-01 800600058 BLADES OVIDA 138,000.00 1 1,073.35 137,836.47 71.8
322-01 800600439 FLYNN CHERYL ANN 151,200.00 1 1,526.23 151,108.09 80.0
322-01 800600645 ARMSTRONG STEPHEN 120,000.00 1 1,188.35 119,961.65 75.0
322-01 800601577 ATHEY JAMES A 168,000.00 1 1,776.71 167,865.99 80.0
322-01 800613457 FERNANDEZ NICETA 52,000.00 1 554.97 51,986.69 80.0
322-01 800617755 FIORENZA CARLO 80,000.00 1 822.89 79,930.64 80.0
322-01 800623332 CALDERON LISA 200,000.00 1 1,537.83 199,878.84 81.6
322-01 800624074 TAMILY HENRY 270,000.00 1 2,419.47 269,772.59 36.9
322-01 800626541 SMITH SCOTT 68,000.00 1 706.01 68,000.00 80.0
322-01 800632168 DUBE JANET C 368,000.00 1 3,161.69 367,828.31 80.0
322-01 800637563 SHAFER DAWN M 36,000.00 1 292.91 35,980.99 75.0
322-01 800638785 AVERSA JOSEPH NINO 85,000.00 1 753.80 84,926.47 46.1
322-01 800643561 BAYER JEFFERY A 255,000.00 1 2,167.47 254,754.70 85.0
322-01 800645194 CALLE DORIS C 103,500.00 1 908.29 103,408.04 90.0
322-01 800650533 SCUDERA DENNIS 210,600.00 3 1,926.44 210,516.31 90.0
322-01 800654048 WHEELER MARK 139,500.00 1 999.40 139,302.44 90.0
322-01 800654550 OTT TODD 58,500.00 1 518.79 58,500.00 90.0
322-01 800654972 KAZERSKI KENNETH C JR 85,000.00 1 676.30 84,952.35 78.7
322-01 800658775 ST HILL MICHAEL 162,400.00 1 1,780.61 162,400.00 80.0
322-01 800662595 KILLMER GEORGE H 272,800.00 1 2,727.56 272,629.56 80.0
322-01 800664013 STEPHENSON RICHARD G 278,600.00 1 2,117.56 278,426.84 70.0
322-01 800664815 HOOPER GILBERT B 175,400.00 1 1,523.08 175,320.32 89.9
322-01 800666653 CASH DOUGLAS P 267,750.00 1 2,524.59 267,651.89 85.0
322-01 800668030 VICKERY ETHEL 70,000.00 1 454.02 69,939.73 56.0
322-01 800668048 BLAKENEY JAMES L 80,100.00 1 680.84 80,061.63 89.0
322-01 800668188 BARTELSON TOBY R 41,600.00 1 408.00 41,600.00 84.8
322-01 800668972 DAVIS BETH A 65,800.00 1 664.19 65,800.00 84.9
322-01 800669293 MARTIN FRANK 119,700.00 1 952.38 119,565.30 90.0
322-01 800669426 ADLE MICHAEL C JR 37,000.00 1 345.39 36,986.07 68.5
322-01 800671109 ROMERO JOHNNY J 109,800.00 1 933.29 109,694.38 90.0
322-01 800671729 ANGLETON ULRICH OTIS 188,500.00 1 1,567.85 188,404.81 89.9
322-01 800672172 MURPHY THOMAS P 46,800.00 1 441.27 46,765.56 65.0
322-01 800672461 HAWTER STEPHEN MICHAEL II 180,000.00 1 1,782.53 179,942.47 75.0
322-01 800672552 JACKSON HOWARD 52,000.00 1 549.94 51,972.48 80.0
322-01 800672669 MCCOLLUM DARRELL L 80,500.00 1 736.37 80,435.74 61.4
322-01 800672685 JANTON MARK W 200,000.00 1 1,663.50 199,899.00 83.3
322-01 800672859 PRICE GLYN 149,400.00 1 1,148.76 149,309.49 90.0
322-01 800673618 WOLFE EUGENE S 92,300.00 1 750.98 92,250.88 80.9
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 180032153 11/01/98 11.250 310,000.00 Y
322-01 180062259 01/01/99 8.625 88,700.00 Y
322-01 180063539 02/01/99 9.750 90,000.00 Y
322-01 180074262 02/01/99 9.750 240,000.00 Y
322-01 800133472 09/01/98 12.250 200,000.00 Y
322-01 800244618 08/01/99 10.250 169,500.00 Y
322-01 800293060 09/01/99 10.750 117,000.00 Y
322-01 800365926 10/01/99 10.750 135,000.00 Y
322-01 800404857 11/01/99 11.125 68,500.00 Y
322-01 800415812 12/01/99 12.000 80,500.00 Y
322-01 800421141 11/01/99 9.875 167,500.00 Y
322-01 800433435 11/01/99 9.875 138,000.00 Y
322-01 800437022 01/01/00 9.125 115,000.00 Y
322-01 800479727 12/01/98 10.250 135,000.00 Y
322-01 800482168 06/01/99 10.875 168,500.00 Y
322-01 800487860 07/01/98 11.375 124,000.00 Y
322-01 800488058 02/01/00 9.875 99,000.00 Y
322-01 800495665 11/01/99 9.625 24,900.00 Y
322-01 800517252 02/01/00 10.875 177,500.00 Y
322-01 800521346 02/01/00 13.500 165,000.00 Y
322-01 800521478 07/01/98 9.625 164,300.00 Y
322-01 800538118 02/01/00 10.875 135,000.00 Y
322-01 800553679 01/01/00 9.500 85,000.00 Y
322-01 800555112 03/01/00 11.375 73,000.00 N
322-01 800565384 11/01/98 11.625 102,000.00 Y
322-01 800577512 01/01/00 9.625 775,000.00 Y
322-01 800600058 03/01/00 8.625 192,000.00 Y
322-01 800600439 09/01/98 11.750 189,000.00 Y
322-01 800600645 04/01/00 11.500 160,000.00 Y
322-01 800601577 03/01/00 12.375 210,000.00 Y
322-01 800613457 10/01/98 12.500 65,000.00 Y
322-01 800617755 03/01/00 12.000 100,000.00 Y
322-01 800623332 04/01/00 8.500 245,000.00 Y
322-01 800624074 04/01/00 10.250 730,000.00 Y
322-01 800626541 06/01/00 12.125 85,000.00 Y
322-01 800632168 04/01/00 9.750 460,000.00 Y
322-01 800637563 04/01/00 9.125 48,000.00 Y
322-01 800638785 09/01/98 10.125 184,000.00 Y
322-01 800643561 04/01/00 9.625 300,000.00 Y
322-01 800645194 03/01/00 10.000 115,000.00 Y
322-01 800650533 04/01/00 10.500 234,000.00 Y
322-01 800654048 03/01/00 7.750 155,000.00 Y
322-01 800654550 06/01/00 10.125 65,000.00 Y
322-01 800654972 05/01/00 8.875 108,000.00 Y
322-01 800658775 06/01/00 12.875 203,000.00 Y
322-01 800662595 04/01/00 11.625 341,000.00 Y
322-01 800664013 04/01/00 8.375 398,000.00 Y
322-01 800664815 04/01/00 9.875 194,900.00 Y
322-01 800666653 05/01/00 10.875 315,000.00 Y
322-01 800668030 10/01/98 6.750 125,000.00 Y
322-01 800668048 04/06/00 9.625 90,000.00 Y
322-01 800668188 05/01/00 11.375 49,000.00 Y
322-01 800668972 06/01/00 11.750 77,500.00 Y
322-01 800669293 04/01/00 8.875 133,000.00 Y
322-01 800669426 04/01/00 10.750 54,000.00 N
322-01 800671109 04/01/00 9.625 122,000.00 Y
322-01 800671729 05/01/00 9.375 209,500.00 Y
322-01 800672172 03/01/00 10.875 72,000.00 Y
322-01 800672461 04/01/00 11.500 240,000.00 Y
322-01 800672552 04/01/00 12.375 65,000.00 Y
322-01 800672669 04/01/00 10.500 131,000.00 Y
322-01 800672685 04/01/00 9.375 240,000.00 Y
322-01 800672859 10/01/98 8.500 166,000.00 Y
322-01 800673618 04/01/00 9.125 114,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 2 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800674483 JUSTICE ROOSEVELT 32,725.00 1 320.96 32,725.00 85.0
322-01 800683658 BARTON RICKY 90,000.00 4 806.49 90,000.00 78.2
322-01 800686925 CECIL ANGELA 97,500.00 1 855.63 97,413.38 84.7
322-01 800688590 MANGEN MICHAEL J. 97,700.00 1 786.12 97,646.63 84.9
322-01 800697419 LILES BOBARA E 173,935.00 1 1,924.07 173,935.00 80.9
322-01 800705303 COEN MICHAEL K 141,900.00 1 1,258.40 141,900.00 88.6
322-01 800712499 PROCTOR JAMES R 118,000.00 1 1,024.65 117,937.24 84.2
322-01 800714545 SWEET WILLIAM 146,200.00 1 1,176.36 146,200.00 85.0
322-01 800714958 LLOYD BRIAN R. 94,500.00 1 882.14 94,464.42 90.0
322-01 800714974 STEPHEN MARTIN SR 63,750.00 1 625.24 63,750.00 82.7
322-01 800715138 SMOKE DENISE 123,200.00 1 1,138.49 123,092.34 84.9
322-01 800715146 CARCILLI EDWIN A 92,250.00 1 940.03 92,250.00 75.0
322-01 800715393 SCHEIBE HENRY J 133,000.00 1 896.05 133,000.00 89.8
322-01 800715401 SARMIENTA PHILLIP JR 118,563.00 1 1,029.54 118,563.00 90.0
322-01 800715849 WARD ROBERT T 148,000.00 1 1,285.16 148,000.00 80.0
322-01 800716607 ROBERTSON MICHAEL A 189,900.00 1 1,648.99 189,762.72 90.0
322-01 800716813 KRITSONIS NORMA JEAN 115,200.00 1 865.46 115,126.54 80.0
322-01 800716847 MENSCH JOHN A 85,000.00 1 714.73 85,000.00 85.0
322-01 800717001 FOLGER JOHN 120,700.00 1 1,229.93 120,700.00 85.0
322-01 800717159 FREEMAN CHARLES 62,400.00 3 635.86 62,400.00 65.0
322-01 800717357 BARCLAY GARY W 119,000.00 1 1,044.31 119,000.00 85.0
322-01 800717662 WINEMAN RICHARD M. 42,000.00 1 456.41 42,000.00 77.7
322-01 800717795 PARRILLA ORLANDO RAYMOND 71,200.00 1 739.23 71,200.00 80.0
322-01 800718272 LUTZ LEONARD 142,400.00 1 1,561.33 142,400.00 81.3
322-01 800719106 OSLEY PHILLIP 169,900.00 1 1,780.38 169,900.00 84.9
322-01 800719247 CHOI WALTER K II 112,800.00 1 1,149.43 112,733.31 80.0
322-01 800719395 GARSTECKI PAUL J 62,050.00 1 608.56 62,029.62 85.0
322-01 800719569 BOUCHALHOUB ALLEN B 135,520.00 1 1,290.59 135,471.68 80.0
322-01 800720088 WILLIAMS R STEPHEN 100,300.00 1 936.28 100,224.14 89.9
322-01 800720302 THOMPKINS GLORIA J 55,000.00 1 560.45 55,000.00 80.8
322-01 800720369 EVANS MITCHE STEPHANIE A 66,000.00 1 585.30 65,942.92 60.0
322-01 800720435 BRELOFF JEFFREY N 67,000.00 1 612.88 67,000.00 74.4
322-01 800720484 BURKE BRYAN C 78,700.00 1 690.65 78,700.00 74.9
322-01 800720906 BLAYLOCK MARK D 66,300.00 1 539.44 66,300.00 85.0
322-01 800720914 LANGENDORFER ROBERT T 102,000.00 1 952.15 102,000.00 85.0
322-01 800720963 VOORHEIS JAMES K JR 140,000.00 1 1,139.09 140,000.00 80.0
322-01 800721243 PERKINSON ROBERT 44,000.00 1 390.20 43,981.05 80.0
322-01 800721342 PRESTI SALVATORE J 36,950.00 1 307.33 36,950.00 79.9
322-01 800721458 JACKSON SARA 45,900.00 1 398.57 45,879.15 90.0
322-01 800721573 BELLAMY ELEANOR M 61,000.00 1 557.99 60,975.76 31.4
322-01 800721888 EPIFANIO CRAIG A 50,800.00 1 441.12 50,800.00 89.9
322-01 800722068 SCHULTZ DENNIS A 147,000.00 1 1,290.03 147,000.00 70.0
322-01 800722555 AODISH FATIN 180,000.00 1 1,384.04 179,890.96 69.2
322-01 800722795 WILSON JAMES A 166,950.00 1 1,358.36 166,950.00 90.0
322-01 800723967 PETCHELL STEVEN T 142,400.00 1 1,184.41 142,255.62 80.0
322-01 800724122 MORGAN PATRICIA D 135,900.00 1 1,230.45 135,844.52 84.9
322-01 800724478 WALSH JOHN F 71,400.00 1 720.72 71,356.60 70.0
322-01 800724825 JEHN DEBORAH E 97,500.00 1 1,050.04 97,500.00 65.0
322-01 800724866 RUIZ PEDRO 94,500.00 3 760.37 94,500.00 90.0
322-01 800725343 VENKATACHARI SRIDHAR 166,500.00 1 1,507.50 166,500.00 90.0
322-01 800725368 ROSEBERRY ERNESTINE 56,800.00 1 477.60 56,772.07 80.0
322-01 800725400 KONCHALSKI RONALD 287,200.00 1 2,926.57 287,200.00 80.0
322-01 800725533 AGWU ELEANYA 63,000.00 1 588.09 62,952.35 90.0
322-01 800725558 SAXTON KEITH 127,400.00 1 1,118.03 127,343.64 84.9
322-01 800725624 BALDWIN JULIE 108,000.00 1 908.12 107,946.88 90.0
322-01 800725715 MOON MADISON N 272,000.00 1 2,513.54 272,000.00 85.0
322-01 800725830 DESHEA DAVID WAYNE 102,850.00 1 902.58 102,804.50 85.0
322-01 800726044 BASTIAN WILLIAM A 92,700.00 1 865.34 92,664.44 90.0
322-01 800726192 MICHALSKI MICHAEL T 275,400.00 1 2,391.43 275,400.00 85.0
322-01 800726366 NETTLETON RAYMOND WILLIAM 413,550.00 1 3,705.82 413,550.00 90.0
322-01 800726416 BILBEE TROY 27,000.00 1 275.13 27,000.00 60.0
322-01 800726614 HAY KELLY SHANE 70,900.00 1 602.64 70,900.00 79.9
322-01 800726887 ABREU DILAN 200,000.00 5 1,792.20 199,916.13 60.2
322-01 800727000 TOWNS RONALD W 101,900.00 1 1,018.84 101,836.33 84.9
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800674483 05/01/00 11.375 38,500.00 Y
322-01 800683658 06/01/00 10.250 115,000.00 N
322-01 800686925 05/01/00 10.000 115,000.00 Y
322-01 800688590 04/01/00 9.000 115,000.00 Y
322-01 800697419 05/01/00 13.000 215,000.00 Y
322-01 800705303 06/01/00 10.125 160,000.00 Y
322-01 800712499 04/07/00 9.875 140,000.00 Y
322-01 800714545 05/01/00 9.000 172,000.00 Y
322-01 800714958 04/01/00 10.750 105,000.00 Y
322-01 800714974 05/01/00 11.375 77,000.00 Y
322-01 800715138 04/01/00 10.625 145,000.00 Y
322-01 800715146 05/01/00 11.875 123,000.00 Y
322-01 800715393 05/01/00 7.125 148,000.00 Y
322-01 800715401 05/01/00 9.875 131,737.00 Y
322-01 800715849 05/01/00 9.875 185,000.00 Y
322-01 800716607 04/01/00 9.875 211,000.00 Y
322-01 800716813 04/01/00 8.250 144,000.00 Y
322-01 800716847 06/01/00 9.500 100,000.00 Y
322-01 800717001 05/01/00 11.875 142,000.00 Y
322-01 800717159 05/01/00 11.875 96,000.00 Y
322-01 800717357 05/01/00 10.000 140,000.00 Y
322-01 800717662 05/01/00 12.750 54,000.00 Y
322-01 800717795 06/01/00 12.125 89,000.00 Y
322-01 800718272 06/01/00 12.875 175,000.00 Y
322-01 800719106 05/01/00 12.250 199,900.00 Y
322-01 800719247 05/01/00 11.875 141,000.00 Y
322-01 800719395 05/01/00 11.375 73,000.00 Y
322-01 800719569 05/01/00 11.000 169,400.00 Y
322-01 800720088 04/01/00 10.750 111,500.00 Y
322-01 800720302 05/01/00 11.875 68,000.00 Y
322-01 800720369 04/01/00 10.125 110,000.00 Y
322-01 800720435 05/01/00 10.500 90,000.00 Y
322-01 800720484 05/01/00 10.000 105,000.00 Y
322-01 800720906 05/01/00 9.125 78,000.00 Y
322-01 800720914 06/01/00 10.750 120,000.00 Y
322-01 800720963 11/01/98 9.125 175,000.00 Y
322-01 800721243 05/01/00 10.125 55,000.00 Y
322-01 800721342 05/01/00 9.375 46,200.00 N
322-01 800721458 04/01/00 9.875 51,000.00 Y
322-01 800721573 04/01/00 10.500 194,000.00 Y
322-01 800721888 05/01/00 9.875 56,500.00 Y
322-01 800722068 05/01/00 10.000 210,000.00 Y
322-01 800722555 05/01/00 8.500 260,000.00 Y
322-01 800722795 05/01/00 9.125 185,500.00 Y
322-01 800723967 05/01/00 9.375 178,000.00 Y
322-01 800724122 04/01/00 10.375 159,900.00 Y
322-01 800724478 04/01/00 11.750 102,000.00 Y
322-01 800724825 05/01/00 12.625 150,000.00 Y
322-01 800724866 05/01/00 9.000 105,000.00 Y
322-01 800725343 05/01/00 10.375 185,000.00 Y
322-01 800725368 04/01/00 9.500 71,000.00 N
322-01 800725400 05/01/00 11.875 359,000.00 Y
322-01 800725533 04/01/00 10.750 70,000.00 Y
322-01 800725558 05/01/00 10.000 149,900.00 Y
322-01 800725624 04/01/00 9.500 120,000.00 Y
322-01 800725715 05/01/00 10.625 320,000.00 Y
322-01 800725830 05/01/00 10.000 121,000.00 Y
322-01 800726044 04/01/00 10.750 103,000.00 Y
322-01 800726192 05/01/00 9.875 324,000.00 Y
322-01 800726366 05/01/00 10.250 459,500.00 Y
322-01 800726416 05/01/00 11.875 45,000.00 Y
322-01 800726614 06/01/00 9.625 88,700.00 Y
322-01 800726887 04/01/00 10.250 332,000.00 Y
322-01 800727000 05/01/00 11.625 119,900.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 3 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800727349 BORSCHELL DAVID 90,000.00 1 891.26 90,000.00 80.3
322-01 800727588 BROWN WALTER N 100,000.00 1 961.78 99,965.30 80.0
322-01 800727869 KOPAC DEBORAH M 106,200.00 1 902.69 106,149.12 90.0
322-01 800727901 OSKROBA STEPHEN 115,000.00 1 988.03 115,000.00 29.4
322-01 800727935 GREENFIELD NEAL W 170,000.00 1 1,460.57 169,920.68 79.4
322-01 800728081 TOWNSEND ROBERT J 86,400.00 3 726.50 86,400.00 90.0
322-01 800728131 KING DAVID E 87,300.00 1 718.20 87,300.00 90.0
322-01 800728297 NIESEN HOWARD S 160,000.00 1 1,230.26 160,000.00 80.0
322-01 800729220 LUPO NICHOLAS D 140,000.00 1 1,151.75 140,000.00 54.2
322-01 800729295 ROWLAND VICKY 154,500.00 1 1,341.60 154,500.00 75.0
322-01 800729451 DIBLASI SALVATORE 85,200.00 1 868.19 85,200.00 79.6
322-01 800729659 KRAKI DERVISH 150,450.00 3 1,489.89 150,301.92 85.0
322-01 800729790 EUSNER ROBERT 136,500.00 1 1,377.84 136,458.72 70.0
322-01 800729980 DYER MICHAEL G 172,500.00 1 1,357.06 172,400.75 84.9
322-01 800730020 BROGNA JOANNE E 73,525.00 1 686.35 73,497.31 85.0
322-01 800730145 BUFANO ANDREA 140,000.00 1 1,386.41 140,000.00 80.0
322-01 800730251 LOUKINAS CONNIE L 52,000.00 1 413.74 51,970.84 80.0
322-01 800730715 DESANTO ALAN 90,000.00 1 764.99 90,000.00 74.0
322-01 800730723 KEIM THERESA L 120,000.00 1 1,154.14 120,000.00 80.0
322-01 800730848 GUDIS LYLE 132,000.00 1 1,062.10 132,000.00 82.5
322-01 800730988 CORSON EDWARD P 173,200.00 1 1,409.21 173,200.00 80.0
322-01 800731531 TASSO MICHAEL 337,500.00 1 2,899.65 336,699.80 75.0
322-01 800731572 ALEXANDER ROBERT C JR 66,400.00 1 689.39 66,400.00 80.0
322-01 800731721 GUENTHER JOHN R 95,000.00 1 904.71 94,966.12 79.1
322-01 800732075 OTTEN ANN J 57,200.00 1 444.90 57,200.00 60.2
322-01 800732257 GOMBOS LISA F 150,000.00 1 1,220.45 149,920.18 53.5
322-01 800733503 MAIOLO KAREN M 165,000.00 1 1,649.74 164,948.70 75.0
322-01 800733651 STANBACK RODNEY 45,000.00 3 424.30 45,000.00 75.0
322-01 800733669 HARSHMAN JOHN B 113,750.00 1 987.75 113,698.32 65.0
322-01 800733784 FARMER ANTHONY E 36,900.00 1 361.90 36,900.00 84.8
322-01 800733800 BRITTEN RODNEY 63,700.00 1 624.75 63,700.00 84.9
322-01 800733842 RIGGEN JEFFREY R 100,300.00 1 870.95 100,300.00 89.9
322-01 800733875 WILLIAMS MELODY GAY 48,600.00 1 458.24 48,600.00 84.8
322-01 800734287 BENSON ROGER 108,750.00 1 904.53 108,695.08 76.5
322-01 800734808 RITCHIE CHARLES D JR 116,800.00 1 1,057.52 116,752.83 84.9
322-01 800735326 KELLY ELIZABETH P 69,750.00 1 580.15 69,714.77 90.0
322-01 800735383 GONZALEZ DEBORAH 70,000.00 1 753.88 69,982.58 58.8
322-01 800735763 WALKER GEORGE JR 34,500.00 1 293.25 34,500.00 75.0
322-01 800736050 MARLEY MARGARETE N 190,800.00 1 1,518.09 190,800.00 90.0
322-01 800736662 MUTH SUSAN J 80,100.00 1 717.78 80,100.00 90.0
322-01 800736696 ENGLEMAN RICHARD 32,000.00 1 243.22 32,000.00 80.0
322-01 800736779 HORAN KEVIN 36,800.00 1 357.42 36,787.58 80.0
322-01 800736985 SINGH DALBIR 352,000.00 4 3,219.88 352,000.00 80.0
322-01 800737181 HINTON RODNEY D 97,650.00 1 847.94 97,650.00 90.0
322-01 800737355 GATES EARL E 75,000.00 1 749.88 75,000.00 80.6
322-01 800737371 SQUIRES CORNELIUS A JR 45,600.00 1 469.05 45,586.95 80.0
322-01 800737595 BUSATH BARBARA 114,658.00 1 1,038.12 114,563.98 85.0
322-01 800737637 RUSSO DANIELA 136,000.00 1 1,504.44 136,000.00 80.0
322-01 800737926 CURTIS MICHAEL D 58,400.00 1 617.62 58,400.00 80.0
322-01 800738007 MAKKONEN GERARD A 113,000.00 1 991.66 113,000.00 71.9
322-01 800738262 MCELROY BRUCE A 24,000.00 1 199.62 24,000.00 80.0
322-01 800738544 REID AUDREY 94,400.00 1 980.10 94,400.00 80.0
322-01 800738551 STOKES JAMES O 212,500.00 1 1,845.24 212,403.46 84.3
322-01 800738742 ESPARZA MARTIN 56,000.00 1 435.56 55,966.94 73.6
322-01 800739294 BENNETT CHERYL A 33,200.00 1 344.70 33,200.00 80.0
322-01 800739468 BUSTOS ANDRES 238,500.00 5 2,049.08 238,500.00 90.0
322-01 800739575 GONZALES RAY III 133,500.00 1 1,208.72 133,445.50 59.3
322-01 800739682 ZULLI SHELLY S 304,000.00 1 3,185.60 304,000.00 80.0
322-01 800739690 COSNER PAUL L 106,550.00 1 1,085.75 106,550.00 79.5
322-01 800739914 MERRITT BARBARA J 76,000.00 1 803.75 75,959.79 80.0
322-01 800740037 SOTELO AZUCENA A 51,000.00 8 466.52 51,000.00 85.0
322-01 800740201 ALVARADO JUAN A 66,600.00 1 578.32 66,600.00 90.0
322-01 800740219 BORDA ROCIO 119,700.00 1 1,039.41 119,700.00 90.0
322-01 800740540 STRACHAN DAVID 128,000.00 1 1,403.44 128,000.00 80.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800727349 06/01/00 11.500 112,000.00 Y
322-01 800727588 05/01/00 11.125 125,000.00 Y
322-01 800727869 05/01/00 9.625 118,000.00 Y
322-01 800727901 05/01/00 9.750 390,000.00 Y
322-01 800727935 04/01/00 9.750 214,000.00 Y
322-01 800728081 05/01/00 9.500 96,000.00 Y
322-01 800728131 05/01/00 9.250 97,000.00 Y
322-01 800728297 05/01/00 8.500 200,000.00 Y
322-01 800729220 06/01/00 9.250 258,000.00 Y
322-01 800729295 05/01/00 9.875 206,000.00 N
322-01 800729451 05/01/00 11.875 107,000.00 Y
322-01 800729659 04/01/00 11.500 177,000.00 Y
322-01 800729790 04/01/00 11.750 195,000.00 Y
322-01 800729980 04/01/00 8.750 203,000.00 Y
322-01 800730020 04/01/00 10.750 86,500.00 Y
322-01 800730145 05/01/00 11.500 175,000.00 Y
322-01 800730251 04/01/00 8.875 65,000.00 N
322-01 800730715 05/01/00 9.625 121,500.00 Y
322-01 800730723 05/01/00 11.125 150,000.00 Y
322-01 800730848 05/01/00 9.000 160,000.00 Y
322-01 800730988 05/01/00 9.125 216,500.00 Y
322-01 800731531 12/01/99 9.750 450,000.00 N
322-01 800731572 06/01/00 12.125 83,000.00 Y
322-01 800731721 04/01/00 11.000 120,000.00 Y
322-01 800732075 05/01/00 8.625 95,000.00 Y
322-01 800732257 05/01/00 9.125 280,000.00 Y
322-01 800733503 05/01/00 11.625 220,000.00 Y
322-01 800733651 05/01/00 10.875 60,000.00 N
322-01 800733669 05/01/00 9.875 175,000.00 Y
322-01 800733784 05/01/00 11.375 43,500.00 Y
322-01 800733800 06/01/00 11.375 75,000.00 Y
322-01 800733842 05/01/00 9.875 111,500.00 Y
322-01 800733875 05/01/00 10.875 57,250.00 Y
322-01 800734287 05/01/00 9.375 142,000.00 Y
322-01 800734808 05/01/00 10.375 137,500.00 Y
322-01 800735326 04/01/00 9.375 77,500.00 Y
322-01 800735383 04/01/00 12.625 119,000.00 N
322-01 800735763 06/01/00 9.625 46,000.00 N
322-01 800736050 05/01/00 8.875 212,000.00 Y
322-01 800736662 06/01/00 10.250 89,000.00 Y
322-01 800736696 05/01/00 8.375 40,000.00 Y
322-01 800736779 05/01/00 11.250 46,000.00 Y
322-01 800736985 05/01/00 10.500 440,000.00 Y
322-01 800737181 05/01/00 9.875 108,500.00 Y
322-01 800737355 05/01/00 11.625 93,000.00 Y
322-01 800737371 05/01/00 12.000 57,000.00 Y
322-01 800737595 05/01/00 10.375 134,892.00 Y
322-01 800737637 05/01/00 13.000 170,000.00 Y
322-01 800737926 06/01/00 12.375 73,000.00 Y
322-01 800738007 05/01/00 10.000 157,000.00 Y
322-01 800738262 05/01/00 9.375 30,000.00 N
322-01 800738544 05/01/00 12.125 118,000.00 Y
322-01 800738551 04/01/00 9.875 252,000.00 Y
322-01 800738742 04/01/00 8.625 76,000.00 Y
322-01 800739294 06/01/00 12.125 41,500.00 Y
322-01 800739468 06/01/00 9.750 265,000.00 Y
322-01 800739575 04/01/00 10.375 225,000.00 Y
322-01 800739682 11/01/98 12.250 380,000.00 Y
322-01 800739690 05/01/00 11.875 134,000.00 Y
322-01 800739914 05/01/00 12.375 95,000.00 Y
322-01 800740037 06/01/00 10.500 60,000.00 Y
322-01 800740201 05/01/00 9.875 74,000.00 Y
322-01 800740219 06/01/00 9.875 133,000.00 Y
322-01 800740540 06/01/00 12.875 160,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 4 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800740656 SANTORA JERRY 137,600.00 1 1,402.14 137,600.00 80.9
322-01 800740664 STAMPLE TERRY NEAL 70,125.00 7 628.39 70,125.00 75.0
322-01 800740805 SCHASSLER JOHN A SR 172,800.00 1 1,613.06 172,734.94 90.0
322-01 800740920 HAGE PATRICIA A 88,000.00 1 756.06 87,958.94 67.6
322-01 800741860 KING CLARENCE 100,000.00 1 751.27 99,811.23 80.0
322-01 800742249 COLLINS ROBERT 64,000.00 1 707.97 63,970.56 80.0
322-01 800742330 OLIVICH WILLIAM M 54,900.00 1 476.72 54,875.06 64.6
322-01 800742355 KENNY BRYANT SHEILA E 102,100.00 1 933.95 102,100.00 84.9
322-01 800742363 LLOYD JAMES R 63,750.00 3 692.77 63,718.98 85.0
322-01 800742520 WOLFF DWAYNE 120,000.00 1 1,064.19 120,000.00 75.0
322-01 800742603 HUNTER CYNTHIA STEWART 67,200.00 1 614.70 67,200.00 80.0
322-01 800742652 MOORE LARRY C JR 166,500.00 1 1,523.04 166,500.00 90.0
322-01 800743510 BUCK DAVID W 25,500.00 1 235.64 25,490.14 75.0
322-01 800743684 KIEVIT JOHN 60,000.00 1 548.85 60,000.00 80.0
322-01 800743817 SASAKI PAULINE 125,000.00 1 1,051.07 125,000.00 54.3
322-01 800743932 THOMAS JOHN WESLEY 60,300.00 1 523.61 60,300.00 90.0
322-01 800744229 TRIPI CHARLES R II 96,000.00 1 869.19 95,960.81 80.0
322-01 800744419 KEENAN FRANK P 104,477.00 1 897.62 104,477.00 85.9
322-01 800744617 STEWART SWAIN S 220,000.00 1 1,951.01 220,000.00 80.0
322-01 800745077 ALVARADO DIANA J 58,410.00 1 512.59 58,410.00 90.0
322-01 800745325 HUACUJA LINDA S 27,900.00 1 234.60 27,886.28 90.0
322-01 800745424 LAMBERSON BRIAN 121,450.00 1 1,077.05 121,397.68 84.9
322-01 800746190 MAGGS DONNA M 59,245.00 1 519.92 59,245.00 85.0
322-01 800746349 GOATCHER MARCUS E 83,700.00 1 711.44 83,700.00 90.0
322-01 800746455 GARDNER ANN W 47,175.00 1 431.53 47,156.25 85.0
322-01 800746539 DISCLAFANI SALVATORE 168,000.00 1 1,776.71 167,955.79 80.0
322-01 800746810 WILDER JAMES H 198,000.00 3 1,792.71 197,837.63 90.0
322-01 800747131 HENDERSON LANCE J 60,000.00 1 594.17 60,000.00 80.0
322-01 800747313 MURPHY EARLE 245,000.00 1 2,015.55 245,000.00 62.8
322-01 800747990 HEAVENER RONALD EUGENE 86,000.00 3 892.89 86,000.00 78.1
322-01 800748071 ELLIOTT SHIRLEY 76,000.00 5 681.04 76,000.00 80.0
322-01 800748535 GORMAN STEPHEN W 47,200.00 3 445.04 47,200.00 80.0
322-01 800748667 TURNER BETTY F 174,250.00 1 1,561.46 174,250.00 85.0
322-01 800748972 DEPRIMO PAOLINA 20,000.00 4 166.35 20,000.00 13.5
322-01 800749137 BOWMAN JEFFREY D 99,450.00 1 809.16 99,450.00 85.0
322-01 800749376 WAGNER RICKY L 29,250.00 1 264.83 29,238.06 65.0
322-01 800749624 SABINE JOANN R 33,300.00 1 273.95 33,300.00 90.0
322-01 800749889 WALKER JUDY 34,500.00 1 293.25 34,500.00 75.0
322-01 800750101 ADAMS KEVIN 76,000.00 1 709.45 75,942.51 83.5
322-01 800750119 PFEIFER LAUREN J 409,000.00 1 3,513.94 409,000.00 89.9
322-01 800750382 OMAN MARY E 64,000.00 1 664.48 64,000.00 80.0
322-01 800750473 PATTERSON JODY C 74,250.00 1 735.29 74,250.00 76.5
322-01 800750507 BRIDGERS LORENZO 121,500.00 1 902.13 121,420.53 90.0
322-01 800751810 FLEURANTIN JENNY 395,940.00 1 4,149.04 395,832.85 65.9
322-01 800752313 LOPEZ DEBBY D 90,000.00 1 652.56 89,938.07 90.0
322-01 800752420 PASQUARIELLO MARIO A 103,200.00 5 802.68 103,139.07 80.0
322-01 800753113 FODDRILL HEATHER E 45,100.00 1 468.25 45,100.00 79.9
322-01 800753162 MAYO DENEEN 169,200.00 1 1,469.24 169,200.00 90.0
322-01 800753352 MCPHAUL ANDRE 162,400.00 1 1,654.86 162,400.00 80.3
322-01 800753709 JOHNSON JAMES A 246,500.00 1 2,186.02 246,500.00 85.0
322-01 800754160 PARSONS VERNON 44,800.00 1 401.45 44,800.00 80.0
322-01 800754582 JACKSON CHARLES E 39,000.00 3 345.86 39,000.00 78.0
322-01 800755233 WINTERS WILLIAM 60,000.00 1 466.67 60,000.00 80.0
322-01 800755340 WALTERS JEFFREY A 85,000.00 3 785.48 84,967.12 85.0
322-01 800755357 OCAMPO ALBERTO 116,000.00 3 1,238.02 116,000.00 80.0
322-01 800755670 MALEGANOS JOHN N 142,300.00 1 1,491.16 142,300.00 61.8
322-01 800757577 WHITE HAROLD M 46,750.00 1 347.12 46,750.00 75.4
322-01 800757635 COPELAND HAR COLETTE 146,700.00 1 1,273.87 146,700.00 90.0
322-01 800757726 BRUNETTI JAN 107,000.00 1 832.24 107,000.00 79.2
322-01 800757783 HUGG STEPHEN L 68,000.00 1 584.23 68,000.00 80.0
322-01 800758229 WHELAN MARION 42,500.00 1 369.05 42,500.00 43.8
322-01 800758294 RIVERA ANGEL M 128,000.00 1 1,279.79 127,960.21 80.0
322-01 800758385 NATERA ALICE V 28,000.00 1 290.71 28,000.00 80.0
322-01 800758401 WILLIAMS JOSEPH N 76,500.00 1 581.46 76,452.46 85.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800740656 05/01/00 11.875 170,000.00 Y
322-01 800740664 06/01/00 10.250 93,500.00 Y
322-01 800740805 05/01/00 10.750 192,000.00 Y
322-01 800740920 05/01/00 9.750 130,000.00 Y
322-01 800741860 04/01/00 8.250 125,000.00 Y
322-01 800742249 04/01/00 13.000 80,000.00 Y
322-01 800742330 05/01/00 9.875 84,900.00 Y
322-01 800742355 06/01/00 10.500 120,200.00 Y
322-01 800742363 03/01/00 12.750 75,000.00 Y
322-01 800742520 05/01/00 10.125 160,000.00 Y
322-01 800742603 06/01/00 10.500 84,000.00 Y
322-01 800742652 05/01/00 10.500 185,000.00 Y
322-01 800743510 05/01/00 10.625 34,000.00 N
322-01 800743684 05/01/00 10.500 75,000.00 Y
322-01 800743817 05/01/00 9.500 230,000.00 Y
322-01 800743932 05/01/00 9.875 67,000.00 Y
322-01 800744229 04/01/00 10.375 120,000.00 Y
322-01 800744419 05/01/00 9.750 121,500.00 Y
322-01 800744617 05/01/00 10.125 275,000.00 Y
322-01 800745077 05/01/00 10.000 64,900.00 Y
322-01 800745325 04/01/00 9.500 31,000.00 Y
322-01 800745424 04/01/00 10.125 142,900.00 Y
322-01 800746190 05/01/00 10.000 69,700.00 Y
322-01 800746349 06/01/00 9.625 93,000.00 Y
322-01 800746455 05/01/00 10.500 55,500.00 Y
322-01 800746539 05/01/00 12.375 210,000.00 Y
322-01 800746810 10/01/98 10.375 220,000.00 Y
322-01 800747131 05/01/00 11.500 75,000.00 Y
322-01 800747313 05/01/00 9.250 390,000.00 Y
322-01 800747990 06/01/00 12.125 110,000.00 Y
322-01 800748071 05/01/00 10.250 95,000.00 N
322-01 800748535 05/01/00 10.875 59,000.00 Y
322-01 800748667 05/01/00 10.250 205,000.00 Y
322-01 800748972 06/01/00 9.375 148,000.00 Y
322-01 800749137 05/01/00 9.125 117,000.00 Y
322-01 800749376 05/01/00 10.375 45,000.00 N
322-01 800749624 05/01/00 9.250 37,000.00 Y
322-01 800749889 05/08/00 9.625 46,000.00 N
322-01 800750101 06/01/00 10.750 91,000.00 Y
322-01 800750119 05/01/00 9.750 454,500.00 Y
322-01 800750382 06/01/00 12.125 80,000.00 Y
322-01 800750473 06/01/00 11.500 97,000.00 Y
322-01 800750507 05/01/00 8.125 135,000.00 Y
322-01 800751810 11/01/98 12.250 600,000.00 Y
322-01 800752313 05/01/00 7.875 100,000.00 Y
322-01 800752420 05/01/00 8.625 129,000.00 N
322-01 800753113 05/01/00 12.125 56,400.00 Y
322-01 800753162 05/01/00 9.875 188,000.00 Y
322-01 800753352 05/01/00 11.875 202,000.00 Y
322-01 800753709 05/01/00 10.125 290,000.00 Y
322-01 800754160 11/01/98 10.250 56,000.00 Y
322-01 800754582 07/01/00 10.125 50,000.00 Y
322-01 800755233 05/01/00 8.625 75,000.00 Y
322-01 800755340 05/01/00 10.625 100,000.00 Y
322-01 800755357 11/01/98 12.500 145,000.00 Y
322-01 800755670 12/01/98 12.250 230,000.00 Y
322-01 800757577 06/01/00 8.125 62,000.00 Y
322-01 800757635 06/01/00 9.875 163,000.00 Y
322-01 800757726 06/01/00 8.625 135,000.00 Y
322-01 800757783 05/01/00 9.750 85,000.00 N
322-01 800758229 05/01/00 9.875 97,000.00 Y
322-01 800758294 05/01/00 11.625 160,000.00 Y
322-01 800758385 07/01/00 12.125 35,000.00 Y
322-01 800758401 10/01/98 8.375 90,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 5 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800758484 SAAVEDRA JOSE F 123,750.00 1 1,029.29 123,624.53 90.0
322-01 800758625 BROWN CHARLES T III 85,500.00 1 790.10 85,466.93 90.0
322-01 800758666 HALL JAMES R 140,000.00 1 1,202.82 140,000.00 77.7
322-01 800758724 SERRATO RAFAEL 92,000.00 1 876.14 91,967.19 80.0
322-01 800758849 QUERO HECTOR 163,200.00 4 1,663.01 163,151.99 85.0
322-01 800758930 BROWN CLIFFORD D JR 108,500.00 1 1,105.62 108,500.00 80.3
322-01 800759094 CONGER DARIN 130,500.00 1 1,003.43 130,500.00 90.0
322-01 800759391 PLEGER KENNETH D 211,000.00 1 1,851.68 211,000.00 84.7
322-01 800759433 RIVERA DENNIS 25,600.00 3 278.19 25,600.00 80.0
322-01 800759607 HOTTER MARTIN 650,000.00 1 5,347.39 649,663.03 59.0
322-01 800759896 JACE ANTHONY 117,600.00 1 1,187.07 117,600.00 80.0
322-01 800759920 JENKINS MARY K 36,000.00 1 296.16 36,000.00 80.0
322-01 800760019 WHITESELL SARA K 63,000.00 1 547.06 63,000.00 90.0
322-01 800760597 DIZON RUSSELL M 136,000.00 1 1,256.77 136,000.00 80.0
322-01 800760894 VEGA MARK D 41,600.00 3 431.91 41,588.42 80.0
322-01 800761264 GRAY SHARON A 60,000.00 1 515.49 59,943.79 75.0
322-01 800761843 CLINE ROBERT T 213,000.00 1 1,849.58 213,000.00 65.5
322-01 800762049 RUSSELL DOUGLAS A 59,625.00 1 579.11 59,625.00 75.0
322-01 800762155 ARAGON LISA M 88,400.00 1 679.72 88,400.00 85.0
322-01 800762866 MILLER SHERWIN 74,250.00 1 610.84 74,211.50 90.0
322-01 800762890 ROBINSON LILLIE N 102,964.00 1 800.84 102,964.00 75.1
322-01 800763039 MCNAMARA SEAN 85,000.00 4 809.47 85,000.00 85.0
322-01 800763237 CAUL LAMONT D 243,000.00 1 2,177.53 243,000.00 90.0
322-01 800763450 RAMIREZ BELEN M 225,000.00 3 1,953.78 225,000.00 89.6
322-01 800763534 AMEDAI TESFAI G 68,100.00 1 635.71 68,048.47 84.9
322-01 800763815 MACRENO DOMINICK B 48,150.00 1 444.95 48,150.00 90.0
322-01 800764540 MURRAY LADONNA 132,300.00 1 1,235.00 132,250.19 90.0
322-01 800764771 ZAMAGNI NICHOLAS 56,550.00 1 506.74 56,550.00 85.0
322-01 800764946 LEE ORLANDO 75,000.00 3 714.24 74,973.26 59.5
322-01 800765240 MARKOVICH KENNETH J 49,300.00 1 450.97 49,300.00 85.0
322-01 800765281 OATES TODD R 46,800.00 1 406.39 46,800.00 90.0
322-01 800765547 BOYLE ROBERT E 110,000.00 1 975.50 110,000.00 61.1
322-01 800765745 CAPAROTTI DONALD 258,400.00 1 2,196.37 258,400.00 85.0
322-01 800765778 BETAO RIAD 220,100.00 1 1,770.97 219,979.78 89.9
322-01 800765869 JOHNSON SCOTT A 152,000.00 1 1,376.22 151,937.95 89.9
322-01 800765935 MADDOX WILLIE 78,300.00 1 679.92 78,300.00 90.0
322-01 800766016 MIKHA RONNY 85,000.00 1 631.12 85,000.00 85.0
322-01 800766040 EVANS BRENDA D 43,200.00 1 465.25 43,200.00 80.0
322-01 800766131 KULBABA MARK P 165,000.00 1 1,283.36 165,000.00 74.3
322-01 800766354 BURKHARDT HENRY J 168,000.00 1 1,489.86 168,000.00 80.0
322-01 800766537 HOPKINS ANTHONY 328,200.00 1 2,494.56 328,200.00 64.3
322-01 800766545 VANRIPER BECKY SUE 51,000.00 1 396.67 51,000.00 85.0
322-01 800766693 FACER RUSSELL S 105,600.00 1 965.96 105,600.00 80.0
322-01 800767204 EVANS JAMES 79,900.00 3 679.14 79,900.00 85.0
322-01 800767501 GAGNON RAYMOND A 103,200.00 1 915.20 103,200.00 80.0
322-01 800767873 BREMMER JONATHAN W 153,000.00 1 1,342.68 153,000.00 90.0
322-01 800767881 VEST GARY W 52,000.00 1 539.89 51,985.53 80.0
322-01 800768277 COOK JOSEPH W 73,600.00 1 598.83 73,560.84 80.0
322-01 800768319 PAINTER DONALD K 76,000.00 1 745.38 76,000.00 80.0
322-01 800768541 MORRELL MONTE P 59,500.00 1 544.27 59,500.00 70.0
322-01 800768608 WOZNIAK DAVID H 65,300.00 1 646.66 65,279.12 75.9
322-01 800768657 AHSAN GHANI A 49,000.00 5 389.87 49,000.00 75.3
322-01 800768988 SHAFFER LISA 285,600.00 1 3,131.42 285,600.00 80.0
322-01 800769119 MONTIEL JOHN FRED 85,000.00 1 646.06 85,000.00 35.4
322-01 800769325 KHAN FAKHRA 76,500.00 5 757.57 76,500.00 90.0
322-01 800769663 WILLIAMS SAMUEL 180,000.00 5 1,546.48 180,000.00 90.0
322-01 800770034 ARVANT ELIZABETH R 120,060.00 1 1,042.54 120,060.00 90.0
322-01 800770349 SALDANA RENE 50,475.00 5 452.31 50,453.83 75.0
322-01 800770414 KLAGES EARL L JR 84,600.00 1 734.62 84,600.00 90.0
322-01 800770554 MURRAY PATRICK K 86,100.00 1 731.84 86,058.75 89.9
322-01 800770968 ROSE NORMAN A 144,000.00 3 1,635.24 144,000.00 80.8
322-01 800771347 KNOWER DONALD E 80,000.00 1 731.79 80,000.00 80.0
322-01 800771412 KLIMOSKI DENISE 29,750.00 1 272.13 29,750.00 85.0
322-01 800771784 MAROKI NAOH 74,900.00 1 629.80 74,863.16 70.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800758484 04/01/00 9.375 137,500.00 Y
322-01 800758625 04/01/00 10.625 95,000.00 Y
322-01 800758666 05/01/00 9.750 180,000.00 Y
322-01 800758724 04/01/00 11.000 115,000.00 Y
322-01 800758849 05/01/00 11.875 192,000.00 Y
322-01 800758930 06/01/00 11.875 135,000.00 Y
322-01 800759094 05/01/00 8.500 145,000.00 Y
322-01 800759391 05/01/00 10.000 249,000.00 Y
322-01 800759433 05/01/00 12.750 32,000.00 Y
322-01 800759607 05/01/00 9.250 1,100,000.00 Y
322-01 800759896 06/01/00 11.750 147,000.00 Y
322-01 800759920 05/01/00 9.250 45,000.00 Y
322-01 800760019 06/01/00 9.875 70,000.00 Y
322-01 800760597 06/01/00 10.625 170,000.00 Y
322-01 800760894 05/01/00 12.125 52,000.00 Y
322-01 800761264 04/01/00 9.750 80,000.00 Y
322-01 800761843 06/01/00 9.875 325,000.00 Y
322-01 800762049 05/01/00 11.250 79,500.00 Y
322-01 800762155 05/01/00 8.500 104,000.00 Y
322-01 800762866 05/01/00 9.250 82,500.00 Y
322-01 800762890 05/01/00 8.625 137,000.00 Y
322-01 800763039 05/01/00 11.000 100,000.00 Y
322-01 800763237 05/01/00 10.250 270,000.00 Y
322-01 800763450 06/01/00 9.875 251,000.00 Y
322-01 800763534 04/01/00 10.750 80,150.00 Y
322-01 800763815 05/01/00 10.625 53,500.00 Y
322-01 800764540 05/01/00 10.750 147,000.00 Y
322-01 800764771 11/01/98 10.250 66,500.00 Y
322-01 800764946 05/01/00 11.000 126,000.00 Y
322-01 800765240 06/01/00 10.500 58,000.00 Y
322-01 800765281 05/01/00 9.875 52,000.00 Y
322-01 800765547 06/01/00 10.125 180,000.00 Y
322-01 800765745 06/01/00 9.625 304,000.00 Y
322-01 800765778 05/01/00 9.000 244,650.00 Y
322-01 800765869 05/01/00 10.375 168,900.00 Y
322-01 800765935 05/01/00 9.875 87,000.00 Y
322-01 800766016 06/01/00 8.125 100,000.00 Y
322-01 800766040 05/01/00 12.625 54,000.00 Y
322-01 800766131 05/01/00 8.625 222,000.00 Y
322-01 800766354 06/01/00 10.125 210,000.00 Y
322-01 800766537 05/01/00 8.375 510,000.00 Y
322-01 800766545 06/01/00 8.625 60,000.00 Y
322-01 800766693 05/01/00 10.500 132,000.00 Y
322-01 800767204 06/01/00 9.625 94,000.00 Y
322-01 800767501 05/01/00 10.125 129,000.00 Y
322-01 800767873 05/01/00 10.000 170,000.00 Y
322-01 800767881 05/01/00 12.125 65,000.00 Y
322-01 800768277 11/01/98 9.125 92,000.00 N
322-01 800768319 05/01/00 11.375 95,000.00 Y
322-01 800768541 05/01/00 10.500 85,000.00 Y
322-01 800768608 05/01/00 11.500 86,000.00 Y
322-01 800768657 06/01/00 8.875 65,000.00 Y
322-01 800768988 05/01/00 12.875 357,000.00 Y
322-01 800769119 05/01/00 8.375 240,000.00 Y
322-01 800769325 06/01/00 11.500 85,000.00 Y
322-01 800769663 05/01/00 9.750 200,000.00 Y
322-01 800770034 05/01/00 9.875 133,400.00 Y
322-01 800770349 04/01/00 10.250 67,300.00 N
322-01 800770414 06/01/00 9.875 94,000.00 Y
322-01 800770554 05/01/00 9.625 95,700.00 Y
322-01 800770968 06/01/00 13.375 178,000.00 Y
322-01 800771347 06/01/00 10.500 100,000.00 Y
322-01 800771412 06/01/00 10.500 35,000.00 Y
322-01 800771784 11/01/98 9.500 107,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 6 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800771891 FULLER RICKY D 46,750.00 1 427.64 46,750.00 85.0
322-01 800772105 MARMOLEJO GREGORIO 85,000.00 4 785.48 85,000.00 85.0
322-01 800772907 JONES DENISE 107,000.00 1 1,049.42 107,000.00 57.8
322-01 800772923 MORRISSEY THOMAS MICHAEL 237,579.00 1 1,826.78 237,435.07 80.0
322-01 800773574 CARLSON RAYMOND P 154,700.00 1 1,244.75 154,700.00 85.0
322-01 800773665 HIGGINSON RYAN 100,620.00 1 892.32 100,532.96 90.0
322-01 800773806 O'CONNER CORY 65,450.00 1 562.32 65,450.00 85.0
322-01 800773863 TAYLOR THEODORE W 72,000.00 1 747.54 72,000.00 80.0
322-01 800773954 BENNETT JENNIFER 56,100.00 1 502.71 56,100.00 85.0
322-01 800774762 BANNISTER JANET 48,800.00 1 441.84 48,800.00 80.0
322-01 800774846 TROTTA JENNIFER 161,600.00 1 1,508.51 161,600.00 80.0
322-01 800774861 HEWITT IRMA J 50,400.00 1 419.20 50,400.00 90.0
322-01 800774986 RALLI JEFFREY 198,900.00 1 2,219.68 198,900.00 61.2
322-01 800776023 SMITH JAMES E 187,000.00 1 1,504.64 187,000.00 85.0
322-01 800776049 VOLLMER JAMES A 20,000.00 1 181.08 20,000.00 24.8
322-01 800776346 BECHER SIMON 160,650.00 3 1,454.54 160,650.00 90.0
322-01 800776445 KASSAS JOSEPH 76,500.00 1 772.20 76,500.00 85.0
322-01 800777179 JOHNSON BLAINE HART 914,550.00 1 6,951.24 914,550.00 65.0
322-01 800777468 HENDERSON WARREN 208,250.00 1 1,491.93 208,250.00 85.0
322-01 800777476 PRICE GARRY L 79,475.00 1 661.03 79,434.87 85.0
322-01 800777484 ROEGNER THOMAS P 106,250.00 1 752.03 106,250.00 85.0
322-01 800777567 FABER HOWARD I 145,000.00 1 1,272.48 145,000.00 62.5
322-01 800778235 MCCOY GARY 256,500.00 1 2,156.79 256,500.00 90.0
322-01 800778276 TAVAREZ FRANKLIN 198,000.00 3 1,755.91 198,000.00 90.0
322-01 800778441 SAWULSKI DAVID A 104,000.00 1 818.17 103,940.16 80.0
322-01 800778474 HOLLY TERESA A 63,700.00 1 582.69 63,700.00 84.9
322-01 800778565 HAYES CHARLOTTE L 109,600.00 1 1,244.61 109,600.00 80.0
322-01 800778631 BALZ ROBERT 29,750.00 1 303.16 29,741.24 85.0
322-01 800778755 DICKSON LEONARD C JR 72,750.00 1 713.51 72,750.00 75.0
322-01 800778862 KOGER GRETA 79,200.00 1 791.87 79,200.00 80.0
322-01 800778946 FISCHER JOSEPH SCOTT 141,300.00 1 1,162.44 141,300.00 90.0
322-01 800779076 ASTACIO RICHARD 97,000.00 1 824.49 97,000.00 74.6
322-01 800779274 BEALS HARRY C 30,000.00 1 326.01 29,992.74 32.6
322-01 800779290 COUSINS DANNY D 40,000.00 1 454.23 40,000.00 80.0
322-01 800779647 NASH ROLANDO ROBERT SR 88,200.00 1 749.69 88,200.00 90.0
322-01 800780215 OCONNOR PATRICIA 105,600.00 1 878.33 105,600.00 80.0
322-01 800780272 JIMENEZ DANIEL 414,000.00 1 3,594.96 414,000.00 90.0
322-01 800780363 TOMI NICHOLAS G 50,150.00 1 394.54 50,150.00 78.3
322-01 800780454 WHEAT COLLEEN M 57,400.00 3 535.82 57,400.00 70.0
322-01 800780470 ETHINGTON KEVIN 127,500.00 1 991.68 127,500.00 85.0
322-01 800780538 SPAFFORD BO LIU 107,950.00 1 997.57 107,950.00 85.0
322-01 800780850 KOPP KENNETH W 120,000.00 1 1,188.35 120,000.00 80.0
322-01 800781197 LISIEWSKI WILLIAM A 60,000.00 1 445.50 59,960.75 85.7
322-01 800781262 ASIMAKOPOULO PANAGIOTIS 35,000.00 1 297.50 35,000.00 74.4
322-01 800781643 BLAIR ROBERT H 128,000.00 1 1,053.02 128,000.00 77.5
322-01 800781908 FORTE NUNCIO W 36,750.00 6 452.95 36,652.81 75.0
322-01 800781932 OSTICCO ANTHONY SR 51,000.00 1 519.70 50,984.99 85.0
322-01 800782203 BURNELIS KATHY G 63,750.00 1 565.35 63,750.00 85.0
322-01 800782286 MILLER DOUGLAS C 73,100.00 1 555.61 73,100.00 85.0
322-01 800782534 IRVINE KENNETH R 117,900.00 1 1,056.50 117,900.00 90.0
322-01 800782690 PAIGE DEBORAH LOUISE 74,700.00 1 522.31 74,644.57 90.0
322-01 800782914 ROBLEDO ANTONIO 44,550.00 3 378.67 44,507.15 90.0
322-01 800783235 LISCO ANTHONY 116,250.00 1 998.77 116,250.00 75.0
322-01 800783300 WATSON, HERBERT 133,200.00 1 942.78 133,200.00 90.0
322-01 800783383 EDDINGTON VICKY L 148,680.00 1 1,052.35 148,680.00 89.5
322-01 800783482 BROWNFIELD FRED 160,200.00 4 1,332.46 160,200.00 90.0
322-01 800783789 PHILLIPS PAUL 157,500.00 1 1,253.14 157,411.70 70.0
322-01 800783821 RIVERA SANTOS 42,900.00 1 392.42 42,900.00 84.9
322-01 800784258 INNOCENTI DEBRA L 104,000.00 1 772.20 104,000.00 80.0
322-01 800784910 VASQUEZ SALVADOR 137,700.00 5 1,195.72 137,700.00 90.0
322-01 800785149 HEBDON ROY E 55,250.00 1 616.58 55,250.00 65.0
322-01 800786055 PREFACH DOUGLAS 136,000.00 1 1,180.95 135,938.22 80.0
322-01 800786154 DINEEN KEVIN WILLIAM 172,240.00 1 1,722.12 172,240.00 80.0
322-01 800786311 GELB EDWARD 95,250.00 1 774.98 95,250.00 75.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800771891 05/01/00 10.500 55,000.00 Y
322-01 800772105 06/01/00 10.625 100,000.00 Y
322-01 800772907 05/01/00 11.375 185,000.00 Y
322-01 800772923 05/01/00 8.500 296,974.00 Y
322-01 800773574 05/01/00 9.000 182,000.00 Y
322-01 800773665 05/01/00 10.125 111,800.00 Y
322-01 800773806 05/01/00 9.750 77,000.00 Y
322-01 800773863 06/01/00 12.125 90,000.00 Y
322-01 800773954 06/01/00 10.250 66,000.00 Y
322-01 800774762 06/01/00 10.375 61,000.00 Y
322-01 800774846 05/01/00 10.750 202,000.00 Y
322-01 800774861 05/01/00 9.375 56,000.00 Y
322-01 800774986 05/01/00 13.125 325,000.00 Y
322-01 800776023 05/01/00 9.000 220,000.00 Y
322-01 800776049 05/01/00 10.375 80,500.00 N
322-01 800776346 06/01/00 10.375 178,500.00 Y
322-01 800776445 06/01/00 11.750 90,000.00 Y
322-01 800777179 06/01/00 8.375 1,407,000.00 Y
322-01 800777468 06/01/00 7.750 245,000.00 Y
322-01 800777476 05/01/00 9.375 93,500.00 Y
322-01 800777484 06/01/00 7.625 125,000.00 Y
322-01 800777567 05/01/00 10.000 232,000.00 Y
322-01 800778235 05/01/00 9.500 285,000.00 Y
322-01 800778276 06/01/00 10.125 220,000.00 Y
322-01 800778441 05/01/00 8.750 130,000.00 Y
322-01 800778474 06/01/00 10.500 75,000.00 Y
322-01 800778565 05/01/00 13.375 137,000.00 Y
322-01 800778631 04/01/00 11.875 35,000.00 Y
322-01 800778755 06/01/00 11.375 97,000.00 Y
322-01 800778862 05/01/00 11.625 99,000.00 Y
322-01 800778946 05/01/00 9.250 157,000.00 Y
322-01 800779076 06/01/00 9.625 130,000.00 Y
322-01 800779274 05/01/00 12.750 92,000.00 Y
322-01 800779290 06/01/00 13.375 50,000.00 Y
322-01 800779647 05/01/00 9.625 98,000.00 Y
322-01 800780215 06/01/00 9.375 132,000.00 Y
322-01 800780272 06/01/00 9.875 460,000.00 Y
322-01 800780363 05/01/00 8.750 64,000.00 Y
322-01 800780454 05/01/00 10.750 82,000.00 N
322-01 800780470 05/01/00 8.625 150,000.00 Y
322-01 800780538 05/01/00 10.625 127,000.00 Y
322-01 800780850 05/01/00 11.500 150,000.00 Y
322-01 800781197 05/01/00 8.125 70,000.00 Y
322-01 800781262 06/01/00 9.625 47,000.00 Y
322-01 800781643 06/01/00 9.250 165,000.00 Y
322-01 800781908 04/01/00 12.500 49,000.00 Y
322-01 800781932 04/01/00 11.875 60,000.00 Y
322-01 800782203 05/01/00 10.125 75,000.00 Y
322-01 800782286 11/01/98 8.375 86,000.00 Y
322-01 800782534 05/01/00 10.250 131,000.00 Y
322-01 800782690 05/01/00 7.500 83,000.00 Y
322-01 800782914 10/01/98 9.625 49,500.00 Y
322-01 800783235 06/01/00 9.750 155,000.00 Y
322-01 800783300 05/08/00 7.625 148,000.00 Y
322-01 800783383 05/01/00 7.625 166,000.00 Y
322-01 800783482 05/01/00 9.375 178,000.00 Y
322-01 800783789 04/01/00 8.875 225,000.00 Y
322-01 800783821 06/01/00 10.500 50,500.00 Y
322-01 800784258 06/01/00 8.125 130,000.00 Y
322-01 800784910 06/01/00 9.875 153,000.00 Y
322-01 800785149 06/01/00 13.125 85,000.00 Y
322-01 800786055 05/01/00 9.875 170,000.00 Y
322-01 800786154 06/01/00 11.625 215,300.00 Y
322-01 800786311 06/01/00 9.125 127,000.00 N
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 7 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800786493 VERIOS NINA NOSSIS 138,550.00 1 1,241.55 138,550.00 85.0
322-01 800786535 HESTER ANGELA 202,067.00 3 2,176.19 202,016.72 85.9
322-01 800786626 CABALLERO LUIS ALBERTO JR 130,000.00 1 1,140.84 130,000.00 55.3
322-01 800787004 ERNST PHILLIP 125,000.00 1 1,143.42 125,000.00 42.3
322-01 800787285 TORALES JOSE A 171,500.00 1 1,584.83 171,500.00 70.0
322-01 800787426 ZAJICEK RANDALL S 40,900.00 1 456.44 40,900.00 64.9
322-01 800787483 TORALES JOSE A 171,500.00 1 1,584.83 171,500.00 70.0
322-01 800787897 PACHECO FERNANDO JR 39,000.00 1 320.85 38,979.77 75.0
322-01 800787988 GRAGG BRIAN L 85,000.00 1 761.69 84,964.35 56.6
322-01 800788184 GRIBNITZ DEAN 54,400.00 1 482.43 54,400.00 80.0
322-01 800788663 MCKELLIP SALLY L 35,000.00 1 266.03 35,000.00 70.0
322-01 800788762 SORIA ELPIDO G 107,000.00 1 1,039.25 107,000.00 73.7
322-01 800788986 PEASE LISA 52,500.00 3 417.71 52,500.00 70.0
322-01 800789034 RICHARDS RONALD A 40,000.00 1 415.30 40,000.00 80.0
322-01 800790131 FANNIN LINDA A 45,815.00 1 389.42 45,815.00 85.0
322-01 800790206 CRUZ FRANCISCO 68,000.00 1 547.14 68,000.00 52.3
322-01 800790313 VARNSON ALAN 359,550.00 1 3,056.14 359,550.00 90.0
322-01 800791204 LASCO DAVID A 198,000.00 1 1,610.99 198,000.00 67.5
322-01 800791907 DEES RUSSELL M. 65,700.00 1 570.50 65,700.00 90.0
322-01 800791972 HEETER ROBERT J 100,000.00 1 1,038.24 100,000.00 80.0
322-01 800792533 CHAUVIN DANIEL E 36,400.00 1 312.74 36,383.02 65.0
322-01 800792848 LUJAN RUMALDO 95,400.00 1 725.11 95,400.00 53.0
322-01 800792905 GINTER BEN-D CATHERINE 144,500.00 1 1,281.46 144,500.00 85.0
322-01 800793002 PORTERFIELD GEORGE 34,400.00 1 363.80 34,400.00 80.0
322-01 800793523 NEWHOUSE MARY CATHERINE 52,000.00 1 539.89 51,985.53 80.0
322-01 800793564 ST JOHN, J ANDREW 214,400.00 1 1,861.74 214,400.00 80.0
322-01 800793713 RUFFALO JOSEPH T 56,800.00 1 462.14 56,800.00 64.9
322-01 800793747 JOE MARLON 140,000.00 3 1,548.68 140,000.00 80.0
322-01 800793994 ANDERSON CHESTER L. 57,600.00 1 598.03 57,600.00 80.0
322-01 800794117 BUNDY DEBRA K. 37,400.00 1 352.64 37,400.00 85.0
322-01 800794471 MALONE SAMUEL W 48,000.00 1 412.39 48,000.00 80.0
322-01 800794513 HANCOCK CHARLES 135,000.00 1 1,298.40 135,000.00 75.0
322-01 800794638 FRAELICH BRIAN D 42,700.00 1 355.16 42,700.00 89.8
322-01 800794893 MCNEIL GEORGEANN 46,800.00 1 406.39 46,800.00 90.0
322-01 800795460 HUMBERT RONALD G 120,000.00 1 1,142.79 120,000.00 80.0
322-01 800795551 HALLEY TODD C. 83,640.00 1 788.63 83,640.00 85.0
322-01 800796013 CUNNINGHAM DENNIS R 72,000.00 1 638.51 72,000.00 80.0
322-01 800796195 DELOACH EDDIE WAYNE 72,000.00 1 598.86 72,000.00 90.0
322-01 800796658 GLASMANN BILL 166,400.00 1 1,206.52 166,400.00 89.3
322-01 800796963 GABRIEL, CHARLES M 450,000.00 1 4,672.10 450,000.00 78.2
322-01 800797334 BILLERMAN JARED M 37,600.00 1 333.45 37,600.00 80.0
322-01 800797359 OTERO AMILCAR 40,000.00 1 388.50 40,000.00 80.0
322-01 800797631 ADKINS KAY 34,600.00 1 281.52 34,600.00 72.0
322-01 800797920 ZOYES DEAN A 102,000.00 1 766.29 102,000.00 85.0
322-01 800798332 LEITZMAN JAMES E JR 117,000.00 1 848.33 117,000.00 90.0
322-01 800798399 SCHOLL ROBERT J 52,400.00 1 533.96 52,400.00 80.0
322-01 800798563 BREWSTER PATRICIA A 72,500.00 1 596.44 72,500.00 51.7
322-01 800799272 PONDS LUANN B 44,625.00 1 412.38 44,625.00 85.0
322-01 800799793 JOHNSON JANET 42,250.00 1 479.78 42,250.00 65.0
322-01 800799801 WILSON DAVID K 181,000.00 1 1,723.70 181,000.00 84.9
322-01 800799892 SCHRADER WAYNE D 105,000.00 1 911.77 105,000.00 80.7
322-01 800800427 CESPEDES MIGUELINA 37,500.00 1 301.73 37,500.00 75.0
322-01 800800682 ENNIS ARTHUR G 182,000.00 1 1,464.42 182,000.00 80.0
322-01 800800807 SWANN JUDITH M 76,500.00 1 636.29 76,500.00 90.0
322-01 800801607 ALCOZER CARLOS 43,300.00 1 424.67 43,300.00 84.9
322-01 800801698 SINGH RICHARD 210,500.00 3 2,287.49 210,500.00 80.9
322-01 800801797 GIPSON ISAIAH 80,000.00 1 636.52 80,000.00 69.5
322-01 800802175 OLIPHANT FRANK 40,500.00 1 351.68 40,500.00 90.0
322-01 800802761 RAWLINGS BENNIE JR 82,800.00 1 703.79 82,800.00 90.0
322-01 800802811 GIERTZ GARY DEAN 130,000.00 1 1,057.73 129,930.81 82.8
322-01 800802886 JONES MICHELLE L. 50,100.00 3 458.28 50,100.00 84.9
322-01 800802985 TINTINGER ROBERT 68,400.00 1 593.96 68,368.92 90.0
322-01 800803405 AUMAN GAYLE 76,500.00 1 671.35 76,500.00 90.0
322-01 800803462 ROBINSON ERIC SCOTT 120,000.00 1 1,108.92 120,000.00 75.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800786493 11/01/98 10.250 163,000.00 Y
322-01 800786535 05/01/00 12.625 235,000.00 Y
322-01 800786626 12/01/98 10.000 235,000.00 Y
322-01 800787004 05/01/00 10.500 295,000.00 Y
322-01 800787285 05/01/00 10.625 245,000.00 N
322-01 800787426 05/01/00 13.125 63,000.00 Y
322-01 800787483 05/01/00 10.625 245,000.00 N
322-01 800787897 05/01/00 9.250 52,000.00 Y
322-01 800787988 05/01/00 10.250 150,000.00 Y
322-01 800788184 06/01/00 10.125 68,000.00 Y
322-01 800788663 06/01/00 8.375 50,000.00 Y
322-01 800788762 06/01/00 11.250 145,000.00 Y
322-01 800788986 06/01/00 8.875 75,000.00 Y
322-01 800789034 06/01/00 12.125 50,000.00 Y
322-01 800790131 06/01/00 9.625 53,900.00 Y
322-01 800790206 06/01/00 9.000 130,000.00 Y
322-01 800790313 05/01/00 9.625 399,500.00 Y
322-01 800791204 06/01/00 9.125 293,000.00 Y
322-01 800791907 06/01/00 9.875 73,000.00 Y
322-01 800791972 06/01/00 12.125 125,000.00 Y
322-01 800792533 05/01/00 9.750 56,000.00 Y
322-01 800792848 06/01/00 8.375 180,000.00 Y
322-01 800792905 06/01/00 10.125 170,000.00 Y
322-01 800793002 06/01/00 12.375 43,000.00 Y
322-01 800793523 05/01/00 12.125 65,000.00 Y
322-01 800793564 05/01/00 9.875 268,000.00 Y
322-01 800793713 06/01/00 9.125 87,500.00 Y
322-01 800793747 06/01/00 13.000 175,000.00 Y
322-01 800793994 06/01/00 12.125 72,000.00 Y
322-01 800794117 06/01/00 10.875 44,000.00 Y
322-01 800794471 06/01/00 9.750 60,000.00 Y
322-01 800794513 06/01/00 11.125 180,000.00 Y
322-01 800794638 06/01/00 9.375 47,500.00 Y
322-01 800794893 06/01/00 9.875 52,000.00 Y
322-01 800795460 06/01/00 11.000 150,000.00 Y
322-01 800795551 06/01/00 10.875 98,400.00 Y
322-01 800796013 06/01/00 10.125 90,000.00 Y
322-01 800796195 06/01/00 9.375 80,000.00 Y
322-01 800796658 06/01/00 7.875 186,219.00 Y
322-01 800796963 06/01/00 12.125 575,000.00 Y
322-01 800797334 06/01/00 10.125 47,000.00 Y
322-01 800797359 06/01/00 11.250 50,000.00 Y
322-01 800797631 06/01/00 9.125 48,000.00 Y
322-01 800797920 06/01/00 8.250 120,000.00 Y
322-01 800798332 05/01/00 7.875 130,000.00 Y
322-01 800798399 06/01/00 11.875 65,500.00 Y
322-01 800798563 05/01/00 9.250 140,000.00 Y
322-01 800799272 06/01/00 10.625 52,500.00 Y
322-01 800799793 06/01/00 13.375 65,000.00 Y
322-01 800799801 06/01/00 11.000 213,000.00 Y
322-01 800799892 05/01/00 9.875 130,000.00 Y
322-01 800800427 05/01/00 9.000 50,000.00 Y
322-01 800800682 05/01/00 9.000 227,500.00 Y
322-01 800800807 06/01/00 9.375 85,000.00 Y
322-01 800801607 06/01/00 11.375 51,000.00 Y
322-01 800801698 06/01/00 12.750 260,000.00 Y
322-01 800801797 07/01/00 8.875 115,000.00 N
322-01 800802175 05/01/00 9.875 45,000.00 Y
322-01 800802761 06/01/00 9.625 92,000.00 Y
322-01 800802811 05/01/00 9.125 157,000.00 Y
322-01 800802886 06/01/00 10.500 59,000.00 Y
322-01 800802985 05/01/00 9.875 76,000.00 Y
322-01 800803405 05/01/00 10.000 85,000.00 Y
322-01 800803462 06/01/00 10.625 160,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 8 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800803595 HOOVER GARY A 136,800.00 1 1,137.83 136,800.00 90.0
322-01 800803835 FAYCURRY SALEH 160,000.00 1 1,345.37 160,000.00 61.5
322-01 800804734 BAUBLITZ C RAYMOND 314,000.00 1 3,351.19 313,838.45 76.5
322-01 800805400 WILSON DORRIS E 39,100.00 1 357.66 39,100.00 85.0
322-01 800805780 SHARMA VIKRAM 146,000.00 1 1,404.20 146,000.00 89.0
322-01 800806796 NASH KEVIN M 46,200.00 1 453.11 46,200.00 84.9
322-01 800806903 RAMON DANIEL 119,425.00 7 1,192.32 119,425.00 85.0
322-01 800807554 ZERN DONNA E 191,700.00 1 1,389.96 191,568.07 90.0
322-01 800807653 BUGGS-MCDILL VONDRA R 41,600.00 1 431.91 41,600.00 80.0
322-01 800807927 AKIN DOLAPO 87,200.00 1 725.29 87,200.00 80.0
322-01 800808040 DYER NORRIS 156,000.00 1 1,255.21 156,000.00 80.0
322-01 800809071 TORRES JUAN 148,750.00 3 1,473.06 148,750.00 85.0
322-01 800809162 DEON JOHN F 449,900.00 1 3,824.10 449,900.00 74.9
322-01 800810350 NARRIN NANCY J 76,000.00 1 681.04 76,000.00 80.0
322-01 800810616 PETERSON JAMES 58,000.00 1 591.02 58,000.00 79.6
322-01 800810657 KIM PETER DAEJOONG 371,700.00 1 3,434.87 371,700.00 70.0
322-01 800810756 NOVOTNY JOHN ALBERT 76,500.00 1 685.52 76,500.00 85.0
322-01 800810996 TRAW PERRY D 91,200.00 1 946.88 91,200.00 80.0
322-01 800811457 DEVITO ALLEN F 162,000.00 1 1,542.76 162,000.00 48.3
322-01 800812034 GARRIGUS ROBERT E. 176,000.00 1 1,827.31 176,000.00 80.0
322-01 800812083 SINGLEY ETHEL M 68,400.00 1 550.36 68,400.00 90.0
322-01 800812125 NEWELL MARY 38,700.00 3 336.05 38,700.00 90.0
322-01 800813339 SHULTZ RALPH 146,250.00 1 1,490.29 146,250.00 75.0
322-01 800813743 CAREY ROBERT A 171,200.00 1 1,910.55 171,123.48 80.0
322-01 800814154 LAMEE KEITH 97,665.00 1 957.86 97,665.00 85.0
322-01 800814386 AMMAN JEAN S 81,900.00 1 681.20 81,900.00 90.0
322-01 800814469 ZARZYCZNY BARRY L 49,700.00 4 463.94 49,700.00 70.0
322-01 800814584 STEADMAN ALFRED W 18,700.00 1 140.49 18,700.00 74.8
322-01 800814865 ROGERS PAMELA J 121,465.00 1 1,010.28 121,465.00 85.0
322-01 800814964 LAWRENCE REUBEN K 88,200.00 1 765.88 88,200.00 90.0
322-01 800815102 HLAVAY GEORGE M 65,800.00 1 553.28 65,800.00 70.0
322-01 800815128 TSAGANOS ROBERT G 421,400.00 1 3,894.14 421,400.00 62.8
322-01 800815169 MITCHELL SANDRA 33,150.00 1 325.12 33,150.00 85.0
322-01 800815367 TUNNEY DEBRA M 180,000.00 1 1,513.54 180,000.00 90.0
322-01 800815490 PRENDERGAST STEPHEN J 45,900.00 1 385.95 45,900.00 85.0
322-01 800815748 WIDUNAS GEORGE 123,250.00 1 1,070.24 123,250.00 85.0
322-01 800816076 CORDERO FRANCISCO J 139,500.00 4 847.62 139,500.00 75.0
322-01 800816258 DANTZLER JESSIE 28,300.00 3 302.03 28,300.00 80.8
322-01 800816712 DERTOUZOS JERRY 124,000.00 1 1,099.66 124,000.00 84.9
322-01 800816779 PRICE JEAN 45,900.00 1 419.87 45,900.00 85.0
322-01 800817314 MEYER JAMES R 55,200.00 1 562.49 55,200.00 80.0
322-01 800817553 CORTES RICARDO M 50,000.00 1 420.43 50,000.00 74.6
322-01 800817587 BUTA PHILIP J 45,000.00 1 403.25 45,000.00 75.0
322-01 800817983 FABIO JUAN 33,600.00 1 332.74 33,600.00 80.0
322-01 800818130 ZUBACK RAYMOND L 38,250.00 1 349.89 38,250.00 85.0
322-01 800818924 ANGLEZIS DEMETRIS 130,400.00 4 1,391.70 130,400.00 79.6
322-01 800820052 VEASEY THOMAS DAVID 56,000.00 1 522.75 56,000.00 80.0
322-01 800820383 BROWN MAURICE D 92,000.00 1 765.21 92,000.00 80.0
322-01 800820409 WHITWORTH SANDRA 79,400.00 2 756.14 79,400.00 84.9
322-01 800821530 HANCOCK DAWN T 118,400.00 1 1,206.50 118,400.00 80.0
322-01 800821563 BACKSTROM KENNETH F 129,200.00 1 1,254.87 129,200.00 80.0
322-01 800821654 WILLIAMS ROBERT D JR 52,000.00 1 470.81 52,000.00 61.1
322-01 800821761 HUGHES ROBERT D 215,000.00 1 2,108.64 215,000.00 82.6
322-01 800821811 ONYEKA EPHRAIM O. 164,700.00 4 1,475.88 164,700.00 90.0
322-01 800821852 BILBEE STEWART N. 21,400.00 1 218.07 21,400.00 64.8
322-01 800821993 DIAZ HECTOR J 99,200.00 1 1,010.85 99,200.00 80.0
322-01 800823106 BINGHAM PAUL R 72,100.00 1 548.01 72,100.00 70.0
322-01 800823437 CEBECI KADEM 119,935.00 1 1,187.71 119,935.00 85.0
322-01 800823536 CROUSE ROBERT JOHN 101,000.00 1 942.82 101,000.00 84.8
322-01 800823791 BARRETT J LEE 148,700.00 1 1,304.95 148,700.00 84.9
322-01 800823825 MINNEY JERROLD L 75,000.00 1 637.49 75,000.00 75.0
322-01 800824179 BRITTON JACQUELINE C 24,500.00 1 228.70 24,500.00 70.0
322-01 800824211 BRITTON JACQUELINE C 31,500.00 1 294.05 31,500.00 70.0
322-01 800824278 LONG LESTER L 39,500.00 1 328.54 39,500.00 89.9
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800803595 06/01/00 9.375 152,000.00 Y
322-01 800803835 05/01/00 9.500 260,000.00 Y
322-01 800804734 03/01/00 12.500 410,000.00 Y
322-01 800805400 06/01/00 10.500 46,000.00 Y
322-01 800805780 06/01/00 11.125 164,000.00 Y
322-01 800806796 06/01/00 11.375 54,400.00 Y
322-01 800806903 06/01/00 10.500 140,500.00 Y
322-01 800807554 05/01/00 7.875 213,000.00 Y
322-01 800807653 06/01/00 12.125 52,000.00 Y
322-01 800807927 06/01/00 9.375 109,000.00 N
322-01 800808040 06/01/00 9.000 195,000.00 Y
322-01 800809071 05/01/00 11.500 175,000.00 Y
322-01 800809162 05/01/00 9.625 599,900.00 N
322-01 800810350 06/01/00 10.250 95,000.00 Y
322-01 800810616 06/01/00 11.875 72,800.00 Y
322-01 800810657 06/01/00 10.625 531,000.00 Y
322-01 800810756 06/01/00 10.250 90,000.00 Y
322-01 800810996 06/01/00 12.125 114,000.00 Y
322-01 800811457 06/01/00 11.000 335,000.00 Y
322-01 800812034 06/01/00 12.125 220,000.00 Y
322-01 800812083 06/01/00 9.000 76,000.00 Y
322-01 800812125 06/01/00 9.875 43,000.00 Y
322-01 800813339 06/01/00 11.875 195,000.00 Y
322-01 800813743 06/01/00 13.125 214,000.00 Y
322-01 800814154 06/01/00 11.375 114,900.00 Y
322-01 800814386 06/01/00 9.375 91,000.00 Y
322-01 800814469 06/01/00 10.750 71,000.00 N
322-01 800814584 06/01/00 8.250 25,000.00 Y
322-01 800814865 06/01/00 9.375 142,900.00 Y
322-01 800814964 06/01/00 9.875 98,000.00 Y
322-01 800815102 06/01/00 9.500 94,000.00 Y
322-01 800815128 06/01/00 10.625 670,000.00 Y
322-01 800815169 06/01/00 11.375 39,000.00 Y
322-01 800815367 05/01/00 9.500 200,000.00 Y
322-01 800815490 06/01/00 9.500 54,000.00 Y
322-01 800815748 06/01/00 9.875 145,000.00 Y
322-01 800816076 06/01/00 6.125 186,000.00 Y
322-01 800816258 12/01/98 12.500 35,000.00 Y
322-01 800816712 06/01/00 10.125 146,000.00 Y
322-01 800816779 06/01/00 10.500 54,000.00 Y
322-01 800817314 06/01/00 11.875 69,000.00 Y
322-01 800817553 05/01/00 9.500 67,000.00 Y
322-01 800817587 05/01/00 10.250 60,000.00 N
322-01 800817983 06/01/00 11.500 42,000.00 Y
322-01 800818130 06/01/00 10.500 45,000.00 Y
322-01 800818924 06/01/00 12.500 163,800.00 Y
322-01 800820052 06/01/00 10.750 70,000.00 Y
322-01 800820383 11/01/98 9.375 115,000.00 Y
322-01 800820409 06/01/00 11.000 93,500.00 Y
322-01 800821530 06/01/00 11.875 148,000.00 Y
322-01 800821563 06/01/00 11.250 161,500.00 Y
322-01 800821654 06/01/00 10.375 85,000.00 Y
322-01 800821761 06/01/00 11.375 260,000.00 Y
322-01 800821811 06/01/00 10.250 183,000.00 Y
322-01 800821852 06/01/00 11.875 33,000.00 Y
322-01 800821993 06/01/00 11.875 124,000.00 Y
322-01 800823106 06/01/00 8.375 103,000.00 Y
322-01 800823437 06/01/00 11.500 141,000.00 Y
322-01 800823536 05/01/00 10.750 119,050.00 Y
322-01 800823791 05/01/00 10.000 175,000.00 Y
322-01 800823825 06/01/00 9.625 100,000.00 N
322-01 800824179 06/01/00 10.750 35,000.00 N
322-01 800824211 06/01/00 10.750 45,000.00 N
322-01 800824278 06/01/00 9.375 43,900.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 9 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800824435 HERMAN THOMAS 204,000.00 2 2,157.44 204,000.00 80.0
322-01 800824625 BALLARD CAROLYN J 264,000.00 1 2,171.86 264,000.00 80.0
322-01 800824757 CARO ARGENTINA C 130,400.00 1 1,002.66 130,400.00 80.0
322-01 800825531 STALLINGS JACQUELINE A 213,350.00 1 1,852.62 213,350.00 85.0
322-01 800825598 CROSBY REGINA MARIE 62,400.00 1 647.86 62,400.00 80.0
322-01 800825937 DORSEY ETHEL L 48,400.00 1 424.74 48,400.00 84.9
322-01 800826141 HUFFMAN SUSAN I 80,000.00 1 587.01 80,000.00 80.0
322-01 800826745 TIRADO ALONSO M 96,000.00 1 860.26 96,000.00 80.0
322-01 800826760 BURKHERT ROY O 148,700.00 1 1,169.83 148,700.00 79.9
322-01 800828386 BLACK ROBERT L 54,000.00 1 424.82 54,000.00 90.0
322-01 800828410 WOOLLETT JOHN D IV 49,500.00 1 407.22 49,500.00 90.0
322-01 800828618 PARROTT JORGE E 46,750.00 1 432.02 46,750.00 85.0
322-01 800828691 JAMES TRACEY Y 127,800.00 1 1,086.29 127,800.00 90.0
322-01 800829731 ROWAN GARY A 150,000.00 1 1,644.66 149,929.06 75.0
322-01 800830648 CAVARRA-BITT JENNIFER 300,000.00 1 2,046.53 300,000.00 74.6
322-01 800831026 BALINT TAUNYA M 37,600.00 1 372.35 37,600.00 80.0
322-01 800831034 AARONSON MARK A 112,000.00 1 831.60 112,000.00 80.0
322-01 800831059 WEAVER MICHAEL B 274,500.00 1 2,333.22 274,500.00 90.0
322-01 800831224 CASON JOHN STEVE 236,250.00 1 2,117.04 236,250.00 75.0
322-01 800831430 HALASYN CHARMAINE B 63,000.00 1 524.00 63,000.00 90.0
322-01 800831539 JOHNSON KAREN 207,000.00 1 1,721.72 207,000.00 90.0
322-01 800832743 DAVENPORT LAWRENCE F 76,950.00 1 654.07 76,950.00 90.0
322-01 800833501 SCHROEDER SHIRLEY A 133,200.00 1 1,218.43 133,200.00 90.0
322-01 800834319 FERRARA JOHN 25,550.00 4 226.58 25,550.00 70.0
322-01 800834921 WELDON CHRISTINA L 150,300.00 1 1,250.12 150,300.00 90.0
322-01 800835399 SALZAN MARK 98,807.00 1 1,025.86 98,751.72 80.9
322-01 800837197 GILMORE LEROY I 116,000.00 1 1,204.36 116,000.00 80.0
322-01 800837338 BETZ EUGENE C 94,400.00 1 854.70 94,322.60 80.0
322-01 800838179 DIEHL BARBARA E 42,250.00 1 390.43 42,250.00 64.0
322-01 800839581 FOX DAVID M 73,000.00 1 647.38 73,000.00 65.1
322-01 800841660 SORRENTINO PATRICK 30,400.00 3 255.62 30,400.00 80.0
322-01 800841751 WERNER ARCH P 52,000.00 3 529.88 52,000.00 59.0
322-01 800842155 VILLA RHONDA M 68,850.00 1 597.86 68,850.00 89.4
322-01 800842643 BARNEY NEIL 102,000.00 1 721.95 102,000.00 85.0
322-01 800843591 HOLMES HENRY LEE 41,250.00 1 373.48 41,250.00 75.0
322-01 800844987 FISHER DANA 75,000.00 2 757.06 75,000.00 75.0
322-01 800846610 HEWITT ROBERT J 63,000.00 5 547.06 62,971.64 75.9
322-01 800848285 BOOTY MARLIN E 101,500.00 7 789.46 101,500.00 79.2
322-01 800848814 FERNANDEZ KEVIN A 101,250.00 1 945.15 101,250.00 90.0
322-01 800849556 ARENS CHARLES FRED 136,000.00 1 1,244.05 136,000.00 85.0
322-01 800849739 MCDANNALD GARY E 58,500.00 1 579.32 58,500.00 84.9
322-01 800849903 HATCHER JAMES 55,675.00 1 452.99 55,675.00 85.0
322-01 800849952 GASTELUM JESUS I 72,000.00 1 566.42 72,000.00 68.5
322-01 800851081 GABRIELE JAMES R 65,500.00 1 605.28 65,500.00 68.2
322-01 800851263 SHEHANE PATRICE 78,625.00 1 726.57 78,625.00 85.0
322-01 800851743 CABRERA DANIA 162,000.00 3 1,466.76 162,000.00 90.0
322-01 800853095 WILKS BRADLEY 175,500.00 1 1,459.72 175,500.00 90.0
322-01 800855405 BUSSARD MELISSA A. 76,500.00 1 664.29 76,394.87 90.0
322-01 800856528 RICHMOND MARY M. 17,400.00 1 170.65 17,400.00 84.8
322-01 800857393 BEST DINAH 85,000.00 7 793.46 85,000.00 85.0
322-01 800860249 SMITH HAROLD 64,600.00 1 621.31 64,600.00 85.0
322-01 800860868 BARRAZA DAVID A 225,000.00 1 1,851.02 225,000.00 71.4
322-01 800861619 BATTISTINI RAYMOND D. 130,000.00 1 1,104.99 130,000.00 89.9
322-01 800862120 WILLIAMS CLAUDETTE 148,750.00 1 1,388.55 148,750.00 85.0
322-01 800862310 PEACOCK CONNIE M 25,500.00 1 182.69 25,500.00 85.0
322-01 800863128 NAGY JAMES F 172,350.00 1 1,496.60 172,350.00 90.0
322-01 800863474 HOLMES MARK A 70,550.00 1 678.54 70,550.00 85.0
322-01 800864126 YOUNG JOHN D 138,600.00 1 1,029.10 138,600.00 90.0
322-01 800864456 SHIMOSKIE JOSEPH 62,050.00 1 550.27 62,050.00 85.0
322-01 800865305 WEBB JAMES 101,150.00 1 953.73 101,150.00 85.0
322-01 800868317 MEDEROS ROBERTO 69,750.00 1 618.56 69,750.00 90.0
322-01 800869919 WEAVER MICHAEL L 101,000.00 1 877.03 101,000.00 74.2
322-01 800871204 COLE WARREN D JR 60,800.00 1 643.00 60,800.00 80.0
322-01 800876674 LAPP WESLEY A 40,500.00 1 381.87 40,500.00 75.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800824435 06/01/00 12.375 255,000.00 Y
322-01 800824625 06/01/00 9.250 330,000.00 Y
322-01 800824757 06/01/00 8.500 163,000.00 N
322-01 800825531 06/01/00 9.875 251,000.00 Y
322-01 800825598 06/01/00 12.125 78,000.00 Y
322-01 800825937 06/01/00 10.000 57,000.00 Y
322-01 800826141 06/01/00 8.000 100,000.00 Y
322-01 800826745 06/01/00 10.250 120,000.00 Y
322-01 800826760 11/01/98 8.750 185,900.00 Y
322-01 800828386 12/01/98 8.750 60,000.00 Y
322-01 800828410 12/01/98 9.250 55,000.00 Y
322-01 800828618 06/01/00 10.625 55,000.00 Y
322-01 800828691 06/01/00 9.625 142,000.00 Y
322-01 800829731 06/01/00 12.875 200,000.00 Y
322-01 800830648 12/01/98 7.250 402,000.00 Y
322-01 800831026 06/01/00 11.500 47,000.00 Y
322-01 800831034 06/01/00 8.125 140,000.00 Y
322-01 800831059 06/01/00 9.625 305,000.00 Y
322-01 800831224 12/01/98 10.250 315,000.00 N
322-01 800831430 06/01/00 9.375 70,000.00 Y
322-01 800831539 06/01/00 9.375 230,000.00 Y
322-01 800832743 06/01/00 9.625 85,500.00 Y
322-01 800833501 05/01/00 10.500 148,000.00 Y
322-01 800834319 06/01/00 10.125 36,500.00 Y
322-01 800834921 06/01/00 9.375 167,000.00 Y
322-01 800835399 06/01/00 12.125 122,000.00 Y
322-01 800837197 06/01/00 12.125 145,000.00 Y
322-01 800837338 06/01/00 10.375 118,000.00 Y
322-01 800838179 05/01/00 10.625 66,000.00 Y
322-01 800839581 06/01/00 10.125 112,000.00 Y
322-01 800841660 12/01/98 9.500 38,000.00 N
322-01 800841751 06/01/00 11.875 88,000.00 N
322-01 800842155 06/01/00 9.875 76,950.00 Y
322-01 800842643 06/01/00 7.625 120,000.00 Y
322-01 800843591 06/01/00 10.375 55,000.00 Y
322-01 800844987 06/01/00 11.750 100,000.00 Y
322-01 800846610 04/01/00 9.875 83,000.00 N
322-01 800848285 06/01/00 8.625 128,000.00 Y
322-01 800848814 06/01/00 10.750 112,500.00 Y
322-01 800849556 06/01/00 10.500 160,000.00 Y
322-01 800849739 05/01/00 11.500 68,900.00 Y
322-01 800849903 07/01/00 9.125 65,500.00 Y
322-01 800849952 06/01/00 8.750 105,000.00 Y
322-01 800851081 06/01/00 10.625 96,000.00 Y
322-01 800851263 06/01/00 10.625 92,500.00 Y
322-01 800851743 05/01/00 10.375 180,000.00 Y
322-01 800853095 06/01/00 9.375 195,000.00 Y
322-01 800855405 06/01/00 9.875 85,000.00 Y
322-01 800856528 06/01/00 11.375 20,500.00 Y
322-01 800857393 06/01/00 10.750 100,000.00 Y
322-01 800860249 06/01/00 11.125 76,000.00 Y
322-01 800860868 06/01/00 9.250 315,000.00 Y
322-01 800861619 06/01/00 9.625 144,500.00 Y
322-01 800862120 06/01/00 10.750 175,000.00 Y
322-01 800862310 12/01/98 7.750 30,000.00 Y
322-01 800863128 06/01/00 9.875 191,500.00 Y
322-01 800863474 06/01/00 11.125 83,000.00 Y
322-01 800864126 06/01/00 8.125 154,000.00 Y
322-01 800864456 06/01/00 10.125 73,000.00 Y
322-01 800865305 06/01/00 10.875 119,000.00 Y
322-01 800868317 06/01/00 10.125 77,500.00 Y
322-01 800869919 06/01/00 9.875 136,000.00 Y
322-01 800871204 06/01/00 12.375 76,000.00 Y
322-01 800876674 06/01/00 10.875 54,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 10 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-01 800878019 GUZMAN MIGUEL A 115,600.00 1 899.12 115,600.00 85.0
322-01 800878183 HENDRIX LARRY GENE 119,200.00 1 1,002.30 119,200.00 80.0
322-01 800879389 SCHOLL ROBERT J 116,000.00 1 1,204.36 116,000.00 80.0
322-01 800881401 SHAFFER EDDIE L 52,600.00 1 566.48 52,600.00 80.9
322-01 800882896 MCNEILL WILLIE 49,000.00 1 389.87 49,000.00 79.0
322-01 800886624 ORGERA EVELYN L 72,250.00 1 681.24 72,250.00 85.0
322-01 800888711 MOE NIKI LYNN 499,900.00 1 4,157.92 499,900.00 79.9
------------------------------------------------------------ --------------------------------------
583 Sale Total 66,354,980.00 594,519.49 66,328,607.58 79.9
322-02 161237532 VULPI BETTY 86,400.00 1 989.31 85,978.86 80.0
322-02 161515333 HIGGINS ORLIE M 161,100.00 4 1,473.65 160,433.93 90.0
322-02 161578190 QAZI YOUSAF 165,900.00 3 1,471.24 165,386.96 70.0
322-02 161578778 MCKINNEY DAVID E 79,000.00 1 715.28 78,967.75 87.7
322-02 161578869 FRYMAN STEVE A 69,300.00 1 640.40 69,191.82 90.0
322-02 161589452 ZLOTKOWSKI JOHN T 70,400.00 1 724.14 70,318.21 80.0
322-02 161597620 HARRIS EDWAR PATRICIA A 105,000.00 4 1,049.83 104,901.12 72.4
322-02 161601315 ESTON CLARENCE WAYNE 42,400.00 1 473.18 42,361.67 80.0
322-02 161609425 SCOTT LAMONT 37,800.00 1 342.24 37,753.29 87.9
322-02 161619101 HERRERA LINDA 50,000.00 1 402.31 49,945.18 59.5
322-02 161619234 KRICHBAUM JOHN A 344,100.00 1 2,615.41 343,886.12 81.9
322-02 161619812 RITTNER WILLIAM F JR 60,000.00 1 582.76 59,979.74 74.0
322-02 161619820 PRICE CRYSTAL 88,200.00 1 790.36 88,163.02 90.0
322-02 161622386 COOK DAVID A 165,000.00 1 1,402.48 164,841.28 75.0
322-02 161625561 BROWN DORTHY A 20,400.00 1 200.08 20,393.30 85.0
322-02 161626999 HOSTON REED 32,800.00 1 269.84 32,731.18 80.0
322-02 161627062 HAYES ALONZO J 48,000.00 1 443.57 47,962.70 80.0
322-02 161627641 ROBINSON LONNIE 76,000.00 1 774.45 75,977.63 80.0
322-02 161627765 RABB STEPHANY D 31,400.00 1 281.38 31,373.55 74.7
322-02 161627880 JASPER WADE 51,100.00 1 472.21 51,080.24 70.0
322-02 161627997 KUMKOSKI MARK A 32,000.00 1 332.24 31,991.09 80.0
322-02 161628342 SAMPATH SESHADRI H 406,400.00 1 3,454.36 406,205.31 80.0
322-02 161630074 GILMORE JANICE M 56,100.00 1 571.66 56,033.00 85.0
322-02 161632187 LEONARD CAROL JEAN 104,000.00 1 754.08 103,856.37 80.0
322-02 161632427 AKADIRI MASSIA A 46,750.00 1 384.60 46,725.76 85.0
322-02 161632575 STAPLETON RETHA 33,800.00 1 354.19 33,781.61 76.8
322-02 161632898 BIENVENU GARY PAUL SR 72,000.00 1 638.51 71,937.72 80.0
322-02 161633557 HARTELL TILLMAN L 83,300.00 1 692.85 83,215.53 85.0
322-02 161633623 RICE BRIAN P 71,000.00 1 799.30 70,969.15 80.6
322-02 161633912 MC NICHOLS WILLIAM J 89,600.00 1 704.88 89,548.45 80.0
322-02 161634613 SAMANCI YAVUZ 184,000.00 1 1,822.14 183,881.82 80.0
322-02 161635123 CONVERSE DAVID M 162,000.00 1 1,406.73 161,852.19 90.0
322-02 161636048 DALY THOMAS J 187,000.00 1 1,763.20 186,862.36 85.0
322-02 161636097 WHITE OTIS D 100,000.00 1 1,086.69 99,975.81 80.0
322-02 161636329 BREEDING ROGER 182,700.00 1 1,503.03 182,509.83 79.4
322-02 161636436 MORGAN BELINDA A 100,300.00 3 983.71 100,233.79 85.0
322-02 161636923 TEMPLE CLYDE JR 49,000.00 1 425.49 49,000.00 73.1
322-02 161636949 CHAPMAN BRADLEY A 165,000.00 1 1,372.39 165,000.00 52.3
322-02 161637699 EVANS PAULA E 57,700.00 1 474.68 57,670.09 69.9
322-02 161637830 CREED NANCY KAY 48,300.00 1 450.87 48,300.00 70.0
322-02 161637889 MCNAMARA ALICE 68,900.00 1 649.65 68,874.91 83.0
322-02 161638580 SMOLARCZYK JOHN 97,600.00 1 767.82 97,543.85 80.0
322-02 161638598 MEDINA TERESA G 85,600.00 1 711.98 85,556.77 80.0
322-02 161639257 MACON ELIZABETH 64,000.00 3 609.49 63,977.18 80.0
322-02 161639364 CHIMENTO RICHARD KENNETH 66,300.00 1 656.56 66,300.00 74.9
322-02 161639422 GLINSKI ADAM P 150,000.00 1 1,485.44 149,903.66 75.0
322-02 161639588 BOLANOS ADOLFO 108,000.00 1 898.29 107,890.49 90.0
322-02 161639612 WRIGHT CAROL A 103,200.00 1 1,081.43 103,172.07 80.0
322-02 161639695 BECK JOHN W 47,000.00 1 395.21 46,976.87 88.6
322-02 161639877 MERCADO GENEROSO M 52,000.00 1 505.06 51,982.44 80.0
322-02 161640560 CALDERON ROSA 230,000.00 1 1,933.96 229,772.85 79.3
322-02 161640834 KLOSTERMAN JELMA 46,400.00 1 411.49 46,359.85 80.0
322-02 161640883 DUFFEY MICHAEL P 112,000.00 1 1,141.29 111,933.76 80.0
322-02 161640990 SWAEKAUSKI KATHLEEN 88,000.00 1 764.15 87,924.17 69.8
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-01 800878019 06/01/00 8.625 136,000.00 Y
322-01 800878183 06/01/00 9.500 149,000.00 Y
322-01 800879389 06/01/00 12.125 145,000.00 Y
322-01 800881401 06/01/00 12.625 65,000.00 Y
322-01 800882896 07/01/00 8.875 62,000.00 Y
322-01 800886624 06/01/00 10.875 85,000.00 Y
322-01 800888711 06/01/00 9.375 625,000.00 Y
----------- ------------------------------
583 10.226 84,946,672.00
322-02 161237532 03/01/99 13.500 108,000.00 Y
322-02 161515333 07/01/99 10.500 179,000.00 Y
322-02 161578190 11/01/99 10.125 237,000.00 N
322-02 161578778 04/01/00 10.375 90,000.00 Y
322-02 161578869 01/01/00 10.625 77,000.00 Y
322-02 161589452 07/01/98 12.000 88,000.00 Y
322-02 161597620 02/01/00 11.625 145,000.00 Y
322-02 161601315 01/01/00 13.125 53,000.00 Y
322-02 161609425 02/01/00 10.375 43,000.00 Y
322-02 161619101 05/01/00 9.000 84,000.00 Y
322-02 161619234 04/01/00 8.375 420,000.00 Y
322-02 161619812 10/01/98 11.250 81,000.00 Y
322-02 161619820 04/01/00 10.250 98,000.00 Y
322-02 161622386 04/01/00 9.625 220,000.00 Y
322-02 161625561 05/01/00 11.375 24,000.00 Y
322-02 161626999 02/01/00 9.250 41,000.00 Y
322-02 161627062 03/01/00 10.625 60,000.00 Y
322-02 161627641 04/01/00 11.875 95,000.00 Y
322-02 161627765 05/01/00 10.250 42,000.00 Y
322-02 161627880 04/01/00 10.625 73,000.00 Y
322-02 161627997 04/01/00 12.125 40,000.00 Y
322-02 161628342 04/01/00 9.625 508,000.00 Y
322-02 161630074 02/01/00 11.875 66,000.00 Y
322-02 161632187 04/01/00 7.875 130,000.00 Y
322-02 161632427 04/01/00 9.250 55,000.00 Y
322-02 161632575 04/01/00 12.250 44,000.00 Y
322-02 161632898 04/01/00 10.125 90,000.00 Y
322-02 161633557 04/01/00 9.375 98,000.00 Y
322-02 161633623 04/01/00 13.250 88,000.00 Y
322-02 161633912 04/01/00 8.750 112,000.00 Y
322-02 161634613 04/01/00 11.500 230,000.00 Y
322-02 161635123 04/01/00 9.875 180,000.00 Y
322-02 161636048 04/01/00 10.875 220,000.00 Y
322-02 161636097 04/01/00 12.750 125,000.00 Y
322-02 161636329 04/01/00 9.250 230,000.00 Y
322-02 161636436 04/01/00 11.375 118,000.00 Y
322-02 161636923 05/01/00 9.875 67,000.00 Y
322-02 161636949 05/01/00 9.375 315,000.00 Y
322-02 161637699 04/01/00 9.250 82,500.00 Y
322-02 161637830 05/01/00 10.750 69,000.00 Y
322-02 161637889 04/01/00 10.875 83,000.00 Y
322-02 161638580 04/01/00 8.750 122,000.00 Y
322-02 161638598 05/01/00 9.375 107,000.00 Y
322-02 161639257 04/01/00 11.000 80,000.00 Y
322-02 161639364 05/01/00 11.500 88,500.00 Y
322-02 161639422 04/01/00 11.500 200,000.00 Y
322-02 161639588 05/01/00 9.375 120,000.00 Y
322-02 161639612 04/01/00 12.250 129,000.00 Y
322-02 161639695 05/01/00 9.500 53,000.00 Y
322-02 161639877 05/01/00 11.250 65,000.00 Y
322-02 161640560 05/01/00 9.500 290,000.00 Y
322-02 161640834 05/01/00 10.125 58,000.00 Y
322-02 161640883 05/01/00 11.875 140,000.00 Y
322-02 161640990 04/01/00 9.875 126,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 11 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 161641063 WHYTE JOHN 105,000.00 1 970.30 104,918.42 73.4
322-02 161641246 BEGOVICH MASHELLE 256,000.00 1 2,608.64 256,000.00 79.5
322-02 161641253 GUEST CHARLOTTE E 49,000.00 1 420.99 48,977.14 64.4
322-02 161641311 KRUGER KURT KARL 92,000.00 1 1,035.71 91,960.02 80.0
322-02 161641485 MCCULLAR EARL B 113,700.00 4 1,169.53 113,634.61 64.9
322-02 161641568 CHOLEWINSKI STANLEY J JR 56,000.00 1 481.13 56,000.00 80.0
322-02 161641774 SHARP ROGER N 96,300.00 1 898.95 96,300.00 90.0
322-02 161641782 DANIELS DALE 40,000.00 1 373.39 40,000.00 38.4
322-02 161642012 BANDISH RONALD R 93,600.00 1 761.56 93,550.19 90.0
322-02 161642038 PIEPER DARREL G 64,000.00 1 683.05 63,967.07 80.0
322-02 161642533 WARD WILLIAM TROY 55,200.00 1 589.13 55,171.59 84.9
322-02 161643077 HEDRICK RICKY A 142,200.00 3 1,354.20 142,098.14 90.0
322-02 161643200 COLEMAN RICHARD G 70,200.00 1 642.15 70,143.96 90.0
322-02 161643630 MOORE SHELBY JEAN 72,000.00 1 645.19 71,969.81 45.0
322-02 161643770 NOLDAN JOHN E 191,000.00 1 1,693.83 191,000.00 77.0
322-02 161644018 LAVALLIS LISA ANN 62,100.00 1 674.84 62,084.97 54.9
322-02 161644133 CLANCY AUDREY K 85,000.00 1 730.28 84,960.35 70.8
322-02 161644182 DADDERIO ANNA MARIA 158,400.00 1 1,360.91 158,326.09 80.0
322-02 161644414 THOMAS FELICIA 80,200.00 3 794.21 80,148.50 74.9
322-02 161644620 SAUNDERS LELA R 148,500.00 1 1,221.67 148,423.02 66.0
322-02 161644950 BLODGETT C RALPH 240,000.00 1 1,952.72 240,000.00 80.0
322-02 161645395 MATTSON MARVIN P 36,000.00 1 283.21 35,979.29 78.2
322-02 161645478 MACIEJEWSKI PAUL M JR 81,000.00 1 573.31 80,941.38 49.0
322-02 161645569 ALEXANDER PAULA 50,000.00 1 420.43 49,950.61 61.7
322-02 161645668 BRUCKMAN PAUL S 150,000.00 1 1,557.37 150,000.00 72.4
322-02 161645809 WOODRUFF EDWARD I JR 35,000.00 1 303.93 35,000.00 77.7
322-02 161645890 BOYD DAVID L 26,400.00 1 214.80 26,400.00 80.0
322-02 161646039 MITCHELL DELORES W 90,000.00 1 748.57 89,908.76 31.0
322-02 161646724 HAMILTON SYKES 100,500.00 1 995.24 100,500.00 75.0
322-02 161647946 MACLIN INOLA 38,400.00 1 417.29 38,400.00 60.0
322-02 800331506 BOWMAN HOWARD W 52,000.00 1 549.94 51,886.45 79.7
322-02 800396756 BOWSER DAVID E 46,970.00 1 407.86 46,794.30 80.9
322-02 800444309 CORDOVA RICHARD G 101,250.00 1 860.61 101,053.65 90.0
322-02 800503682 ORR DENNIS M 282,000.00 1 2,738.96 281,613.78 75.0
322-02 800504490 PRICE JOSEPH S 63,900.00 1 549.00 63,748.50 79.9
322-02 800505588 RYAN PATRICK A 56,000.00 1 570.65 55,950.06 80.0
322-02 800507667 GRIFFITH DAVID SCOTT 83,000.00 1 690.35 82,873.28 51.8
322-02 800509978 CHRISTOPHER ROBERT C 146,625.00 1 1,424.11 146,424.20 75.0
322-02 800519290 MARTINI RACHEL A 51,000.00 3 509.92 50,952.11 85.0
322-02 800522997 MANWARING RODGER 70,000.00 1 693.20 69,955.05 82.3
322-02 800524894 FIGUEROA BRENDA I 34,000.00 1 314.19 33,960.21 69.9
322-02 800524951 CARY DALE L 57,240.00 1 539.71 57,176.52 90.0
322-02 800532327 BLACKMAN JOANN 63,750.00 2 536.04 63,623.10 85.0
322-02 800534190 LEBEAU STEVEN W 61,750.00 1 599.75 61,708.12 65.0
322-02 800535692 VUKSANOVICH MICHAEL 128,000.00 1 1,243.21 127,913.17 57.6
322-02 800540155 AUSTIN BRUCE D 46,000.00 6 480.34 45,883.83 80.7
322-02 800541799 ALEXANDER CLARENCE 31,500.00 1 342.31 31,469.02 70.0
322-02 800544777 RAFFAELE FRANK 120,000.00 1 1,142.79 119,826.47 75.0
322-02 800545303 MOCKUS PETER G 225,000.00 1 1,810.41 224,877.09 90.0
322-02 800546905 INGRAM HAZEL LOUISE 140,000.00 3 1,320.05 139,844.71 80.0
322-02 800546996 BLACKBURN ALAN D 156,600.00 1 1,190.27 156,175.47 90.0
322-02 800548935 FRIELDS DANIEL B SR 33,600.00 1 371.69 33,576.68 80.0
322-02 800554438 PEGRAM FRANCES 26,350.00 1 260.94 26,324.50 85.0
322-02 800556672 GRIMES QIANA T 40,800.00 2 350.54 40,780.96 80.0
322-02 800557233 ANDERSON FREDERICK A 320,000.00 1 2,778.71 319,854.62 81.0
322-02 800558835 CAMACHO AGUSTO 40,000.00 1 438.57 39,961.76 80.0
322-02 800560880 TRACY JO ANN 54,300.00 1 511.99 54,300.00 75.0
322-02 800561102 HARMON WAYNE KEITH 45,600.00 1 482.25 45,588.00 80.0
322-02 800565210 KOVACEV GEORGE 36,750.00 3 353.46 36,724.36 75.0
322-02 800566374 SEMINARA ANTHONY 123,930.00 1 1,191.93 123,843.61 85.0
322-02 800566713 VINCI ANTHONY L 114,400.00 1 879.64 114,330.69 78.8
322-02 800567042 WICKIZER DONALD J 103,500.00 1 898.74 103,405.57 90.0
322-02 800573362 CASAZZA GEORGE 84,000.00 3 847.90 83,974.60 80.0
322-02 800579237 BURNETT CHRISTOPHE 38,400.00 1 326.40 38,363.05 78.3
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 161641063 05/01/00 10.625 143,000.00 Y
322-02 161641246 05/01/00 11.875 322,000.00 Y
322-02 161641253 05/01/00 9.750 76,000.00 Y
322-02 161641311 05/01/00 13.250 115,000.00 Y
322-02 161641485 05/01/00 12.000 175,000.00 N
322-02 161641568 05/01/00 9.750 70,000.00 N
322-02 161641774 06/01/00 10.750 107,000.00 Y
322-02 161641782 05/01/00 10.750 104,000.00 Y
322-02 161642012 04/01/00 9.125 104,000.00 Y
322-02 161642038 05/01/00 12.500 80,000.00 Y
322-02 161642533 06/01/00 12.500 65,000.00 Y
322-02 161643077 05/01/00 11.000 158,000.00 Y
322-02 161643200 05/01/00 10.500 78,000.00 Y
322-02 161643630 05/01/00 10.250 160,000.00 Y
322-02 161643770 05/01/00 10.125 248,000.00 Y
322-02 161644018 04/01/00 12.750 113,000.00 Y
322-02 161644133 11/01/98 9.750 120,000.00 Y
322-02 161644182 05/01/00 9.750 198,000.00 Y
322-02 161644414 05/01/00 11.500 107,000.00 N
322-02 161644620 05/01/00 9.250 225,000.00 Y
322-02 161644950 05/01/00 9.125 300,000.00 Y
322-02 161645395 06/01/00 8.750 46,000.00 Y
322-02 161645478 05/01/00 7.625 165,000.00 Y
322-02 161645569 05/01/00 9.500 81,000.00 Y
322-02 161645668 05/01/00 12.125 207,000.00 Y
322-02 161645809 06/01/00 9.875 45,000.00 Y
322-02 161645890 06/01/00 9.125 33,000.00 Y
322-02 161646039 06/01/00 9.375 290,000.00 Y
322-02 161646724 05/01/00 11.500 134,000.00 N
322-02 161647946 06/01/00 12.750 64,000.00 Y
322-02 800331506 10/01/99 12.375 65,200.00 Y
322-02 800396756 11/01/99 9.875 58,000.00 N
322-02 800444309 01/01/00 9.625 112,500.00 Y
322-02 800503682 01/01/00 11.250 376,000.00 Y
322-02 800504490 07/01/98 9.750 79,900.00 Y
322-02 800505588 02/01/00 11.875 70,000.00 Y
322-02 800507667 02/01/00 9.375 160,000.00 Y
322-02 800509978 01/01/00 11.250 195,500.00 N
322-02 800519290 02/01/00 11.625 60,000.00 Y
322-02 800522997 03/01/00 11.500 85,000.00 Y
322-02 800524894 03/01/00 10.625 48,601.00 Y
322-02 800524951 02/01/00 10.875 63,600.00 Y
322-02 800532327 07/01/98 9.500 75,000.00 Y
322-02 800534190 03/01/00 11.250 95,000.00 N
322-02 800535692 03/01/00 11.250 222,000.00 N
322-02 800540155 04/01/00 9.500 57,000.00 Y
322-02 800541799 01/01/00 12.750 45,000.00 Y
322-02 800544777 01/01/00 11.000 160,000.00 N
322-02 800545303 04/01/00 9.000 250,000.00 Y
322-02 800546905 02/01/00 10.875 175,000.00 Y
322-02 800546996 03/01/00 8.375 174,000.00 Y
322-02 800548935 03/01/00 13.000 42,000.00 Y
322-02 800554438 03/01/00 11.500 31,000.00 Y
322-02 800556672 04/01/00 9.750 51,000.00 Y
322-02 800557233 04/01/00 9.875 395,000.00 Y
322-02 800558835 02/01/00 12.875 50,000.00 Y
322-02 800560880 05/01/00 10.875 72,400.00 Y
322-02 800561102 04/01/00 12.375 57,000.00 Y
322-02 800565210 03/01/00 11.125 49,000.00 N
322-02 800566374 04/01/00 11.125 145,800.00 Y
322-02 800566713 05/01/00 8.500 145,000.00 N
322-02 800567042 04/01/00 9.875 115,000.00 Y
322-02 800573362 04/01/00 11.750 105,000.00 Y
322-02 800579237 03/01/00 9.625 49,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 12 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 800579773 TAPPETO MARIA 288,000.00 1 2,715.52 287,894.48 74.8
322-02 800580888 FURTADO EARLENE M 152,000.00 1 1,362.07 151,871.98 80.0
322-02 800582421 SMITH GERARD 46,750.00 1 458.51 46,750.00 85.0
322-02 800582520 STONE ELIZABETH B 113,935.00 1 845.96 113,935.00 85.9
322-02 800583007 PARSELL MICHAEL J 182,750.00 1 1,757.66 182,557.99 85.0
322-02 800583247 WALLACE EDDIE W 184,500.00 1 1,722.27 184,430.54 90.0
322-02 800583262 TAITT WALTER 207,000.00 3 1,874.19 206,915.50 90.0
322-02 800583528 KING MICHAEL R 55,800.00 1 505.22 55,777.22 90.0
322-02 800585242 HAGERMAN DONNA 58,500.00 1 518.79 58,474.80 75.0
322-02 800586034 ALOTHMAN FADHIL 66,500.00 3 583.59 66,470.58 83.1
322-02 800586059 HAGERMAN DONNA 66,000.00 1 548.95 65,966.68 75.0
322-02 800586083 COLE PAULINE 157,500.00 1 1,470.23 157,380.89 90.0
322-02 800586737 FAUX HARRY 22,950.00 1 233.87 22,936.41 85.0
322-02 800587305 KEENEN GEORGE C 86,250.00 1 797.04 86,216.63 75.0
322-02 800587370 GAMBLE MARY ANN F 35,000.00 1 356.65 34,989.70 78.8
322-02 800587479 COOPER VANESSA 68,000.00 1 692.92 67,980.00 85.0
322-02 800588634 LOUGHLIN DONNA 145,000.00 3 1,259.10 144,934.13 72.5
322-02 800590036 HAYES THOMAS 138,400.00 3 1,463.67 138,400.00 80.0
322-02 800590200 THORNTON NATALIE K 107,950.00 1 858.90 107,828.51 85.0
322-02 800590994 WATKINS DONNA M 48,365.00 1 442.41 48,365.00 85.0
322-02 800592115 GRIZZLE CHRISTOPHE 138,807.00 3 1,295.74 138,754.74 90.0
322-02 800592297 GLENN SANDRA D 29,600.00 1 307.32 29,591.76 80.0
322-02 800592719 ALSTON ROBERT EARL 35,000.00 7 425.73 35,000.00 70.0
322-02 800595373 VALERO JUAN R 115,600.00 1 1,133.76 115,600.00 85.0
322-02 800595514 CAFFALL JULIE ANN 88,000.00 1 756.06 87,917.55 80.0
322-02 800595597 PONTRY ANTHONY R 45,000.00 1 374.29 44,977.27 90.0
322-02 800595688 BOBB MICHAEL A 107,460.00 1 893.80 107,405.73 90.0
322-02 800595787 SCHWARTZBECK FLORENCE 31,500.00 1 285.21 31,461.06 90.0
322-02 800596801 MURRAY PATRICE 269,100.00 1 2,486.74 268,995.92 90.0
322-02 800597627 SANTORO ALFIO F 36,400.00 3 299.45 36,381.13 70.0
322-02 800598807 JENNINGS DAVID 28,900.00 2 229.94 28,868.43 85.0
322-02 800600363 BERETTI JACQUELIN M 94,400.00 1 734.23 94,288.14 80.0
322-02 800601254 CESPEDES EDUARDO 147,900.00 4 1,464.65 147,852.72 85.0
322-02 800601346 DORSEY JAMES B 19,600.00 4 190.37 19,600.00 74.7
322-02 800602658 MOE THOMAS R 65,700.00 1 546.46 65,700.00 90.0
322-02 800603946 HARENBERG ALAN G 150,000.00 1 1,126.90 149,904.35 73.1
322-02 800604332 DONWELL WILLIE 84,500.00 1 820.72 84,442.69 65.0
322-02 800604373 DONWELL WILLIE 200,000.00 1 2,212.40 199,908.04 66.6
322-02 800604423 THOMPSON STEVENSON H 81,900.00 1 818.87 81,848.83 84.4
322-02 800604431 GEORGIEV GEORGE 57,400.00 2 493.15 57,346.22 70.0
322-02 800604928 ANTORINO DARYL W 148,250.00 1 1,219.62 148,250.00 84.7
322-02 800606485 WOFFORD LATOYA 39,900.00 1 350.15 39,900.00 84.8
322-02 800606626 CARRATINI ANGELA 106,500.00 1 1,075.02 106,335.78 85.8
322-02 800606642 KAPPES NANCI J 76,800.00 1 812.21 76,759.37 80.0
322-02 800607558 CARMICHAEL NECIE 49,500.00 1 452.80 49,460.48 90.0
322-02 800608077 LANNON DAVID 334,800.00 1 2,845.76 334,639.61 90.0
322-02 800608762 MILLER JEFF R 84,000.00 1 799.95 83,909.33 80.0
322-02 800608945 STARNES THEOTRA 18,400.00 1 146.40 18,400.00 80.0
322-02 800609596 KYRIACOU NICHOLAS 156,600.00 1 1,345.44 156,526.94 90.0
322-02 800611253 TUNIS MICHAEL J 72,000.00 1 638.51 71,937.72 90.0
322-02 800611311 BROWN ANNIE C 63,750.00 1 571.26 63,669.12 85.0
322-02 800612533 COHEN SYLVIA 21,600.00 1 213.90 21,586.14 80.0
322-02 800612608 BRUCE TIMOTHY J 40,800.00 1 328.29 40,755.25 80.0
322-02 800614083 POTTER CHARLES V JR 71,200.00 1 752.99 71,181.26 80.0
322-02 800614364 MURRAY NEIL 95,840.00 1 841.06 95,840.00 80.0
322-02 800614620 HULL KIMBERLY F 47,600.00 1 444.34 47,582.08 85.0
322-02 800616211 JONES MERCHA DEBORAH 40,800.00 2 335.65 40,778.85 80.0
322-02 800616492 SEBASTOPOLI JODI G 144,500.00 1 1,403.47 144,400.98 85.0
322-02 800616708 STRONG SHAWN 174,400.00 5 1,249.42 174,276.91 80.0
322-02 800616799 STRONG SHAWN 174,400.00 5 1,249.42 174,276.91 80.0
322-02 800617037 HURT KEVIN L 50,000.00 1 397.82 49,971.97 80.0
322-02 800617995 ORMSBEE RANDY 64,591.00 7 677.73 64,591.50 85.0
322-02 800618571 ENCARNACION BALTAZAR 116,400.00 2 947.07 116,275.64 84.9
322-02 800619777 PEREZ SEGUNDO 62,000.00 1 602.18 61,979.07 69.5
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 800579773 04/01/00 10.875 385,000.00 Y
322-02 800580888 03/01/00 10.250 190,000.00 Y
322-02 800582421 05/01/00 11.375 55,000.00 Y
322-02 800582520 05/01/00 8.125 132,500.00 Y
322-02 800583007 03/01/00 11.125 215,000.00 Y
322-02 800583247 04/01/00 10.750 205,000.00 Y
322-02 800583262 04/01/00 10.375 230,000.00 Y
322-02 800583528 04/01/00 10.375 62,000.00 Y
322-02 800585242 05/01/00 10.125 78,000.00 N
322-02 800586034 04/01/00 10.000 80,000.00 Y
322-02 800586059 05/01/00 9.375 88,000.00 Y
322-02 800586083 04/01/00 10.750 175,000.00 Y
322-02 800586737 03/01/00 11.875 27,000.00 Y
322-02 800587305 04/01/00 10.625 115,000.00 Y
322-02 800587370 04/01/00 11.875 44,400.00 Y
322-02 800587479 04/01/00 11.875 80,000.00 Y
322-02 800588634 04/01/00 9.875 200,000.00 Y
322-02 800590036 05/01/00 12.375 173,000.00 Y
322-02 800590200 03/01/00 8.875 127,000.00 Y
322-02 800590994 05/01/00 10.500 56,900.00 Y
322-02 800592115 05/01/00 10.750 154,230.00 Y
322-02 800592297 04/01/00 12.125 37,000.00 Y
322-02 800592719 05/01/00 13.625 50,000.00 Y
322-02 800595373 05/01/00 11.375 136,000.00 Y
322-02 800595514 03/01/00 9.750 110,000.00 Y
322-02 800595597 04/01/00 9.375 50,000.00 Y
322-02 800595688 05/01/00 9.375 119,400.00 Y
322-02 800595787 03/01/00 10.375 35,000.00 Y
322-02 800596801 04/01/00 10.625 299,000.00 Y
322-02 800597627 04/01/00 9.250 52,000.00 N
322-02 800598807 04/01/00 8.875 34,000.00 Y
322-02 800600363 03/01/00 8.625 118,000.00 Y
322-02 800601254 04/01/00 11.500 174,000.00 Y
322-02 800601346 05/01/00 11.250 26,232.00 N
322-02 800602658 05/01/00 9.375 73,000.00 Y
322-02 800603946 04/01/00 8.250 205,000.00 Y
322-02 800604332 04/01/00 11.250 130,000.00 N
322-02 800604373 04/01/00 13.000 300,000.00 Y
322-02 800604423 04/01/00 11.625 97,000.00 Y
322-02 800604431 03/01/00 9.750 82,000.00 N
322-02 800604928 05/01/00 9.250 175,000.00 Y
322-02 800606485 05/01/00 10.000 47,000.00 Y
322-02 800606626 12/01/99 11.750 124,000.00 Y
322-02 800606642 04/01/00 12.375 96,000.00 Y
322-02 800607558 03/01/00 10.500 55,000.00 Y
322-02 800608077 05/01/00 9.625 372,000.00 Y
322-02 800608762 04/01/00 11.000 105,000.00 Y
322-02 800608945 05/01/00 8.875 23,000.00 Y
322-02 800609596 04/01/00 9.750 174,000.00 Y
322-02 800611253 04/01/00 10.125 80,000.00 Y
322-02 800611311 08/01/98 10.250 75,000.00 Y
322-02 800612533 04/01/00 11.500 27,000.00 Y
322-02 800612608 03/01/00 9.000 51,000.00 N
322-02 800614083 04/01/00 12.375 89,000.00 Y
322-02 800614364 05/01/00 10.000 119,800.00 Y
322-02 800614620 04/01/00 10.750 56,000.00 Y
322-02 800616211 04/01/00 9.250 51,000.00 Y
322-02 800616492 04/01/00 11.250 170,000.00 Y
322-02 800616708 04/01/00 7.750 218,000.00 N
322-02 800616799 04/01/00 7.750 218,000.00 N
322-02 800617037 04/01/00 8.875 62,500.00 N
322-02 800617995 06/01/00 11.250 75,990.00 Y
322-02 800618571 04/01/00 9.125 137,000.00 Y
322-02 800619777 10/01/98 11.250 89,200.00 N
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 13 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 800619959 PLENINGER STEVEN L 52,000.00 1 524.89 51,984.28 80.0
322-02 800620221 HERSHNER FRED 42,000.00 1 392.07 41,984.19 70.0
322-02 800620569 COVELL DAVID W 152,000.00 1 1,711.17 152,000.00 80.0
322-02 800621278 EVERETT PAUL O 62,900.00 1 434.43 62,803.99 56.9
322-02 800621328 LANE TIMOTHY E 73,600.00 1 778.37 73,561.06 80.0
322-02 800621526 GESSEL MICHAEL 160,800.00 1 1,763.07 160,800.00 80.4
322-02 800621799 RIVERS ERNESTINE 87,000.00 3 886.54 86,974.40 69.0
322-02 800622011 MACLIN VELENCIA 44,000.00 3 365.97 43,977.78 80.0
322-02 800622227 FRANCOIS SOPHIA 80,500.00 4 640.49 80,409.41 70.0
322-02 800622318 THOMPSON WILLIAM H SR 71,100.00 1 630.54 71,069.37 90.0
322-02 800622656 DUFT WALTER W 337,600.00 1 3,025.24 337,315.65 79.4
322-02 800623357 JACKSON LELIA O 161,500.00 1 1,343.28 161,336.24 85.0
322-02 800623936 MORGAN LESTER 187,000.00 4 1,693.11 186,846.66 85.0
322-02 800624462 TARANTINO STEPHEN 106,250.00 1 1,113.39 106,162.86 85.0
322-02 800624769 VARGAS JOSE A 128,900.00 1 1,179.10 128,900.00 85.9
322-02 800624850 WILLIAMSON BETTY JAYNE 64,800.00 1 469.85 64,755.41 26.1
322-02 800625550 ELMAWERI JEFFREY 26,400.00 1 234.13 26,377.14 80.0
322-02 800626681 MCPHILLIPS ROBERT J 93,500.00 1 786.20 93,407.65 85.0
322-02 800627242 DRAKE ANNIE 31,200.00 1 308.97 31,190.03 80.0
322-02 800627317 HURD PATRICK FRANCES 45,375.00 1 419.31 45,375.00 75.0
322-02 800627978 FOSTER SAMANTHA J 43,200.00 1 469.46 43,178.97 80.0
322-02 800628216 DEBACCO CARL 135,000.00 1 1,086.24 134,926.26 68.8
322-02 800628273 ROBERTSON CURTISS 113,400.00 1 963.89 113,290.91 90.0
322-02 800629172 CLARK LINDA J 111,500.00 1 751.20 111,321.13 84.7
322-02 800629933 SHAMI SAAD 40,000.00 3 307.57 39,975.76 36.3
322-02 800630378 COLOMBO PASQUALE L 72,000.00 1 761.45 71,981.05 80.0
322-02 800630519 ABDULLAH JAMAL 54,000.00 3 488.92 53,955.71 87.0
322-02 800630683 ADAMS ANGELA R 54,400.00 1 512.93 54,359.96 85.0
322-02 800630816 SMART FELICIA D 44,800.00 2 443.65 44,800.00 80.0
322-02 800630840 MUHAMMAD RASHEED A 96,000.00 4 1,090.16 95,959.46 80.0
322-02 800631327 ANDRAWS PHILIP A 104,000.00 3 1,059.76 104,000.00 80.0
322-02 800631434 BARNES DAVID 292,500.00 1 2,539.92 292,500.00 90.0
322-02 800631566 WELCH DIANA L 148,000.00 1 1,164.32 147,829.08 80.0
322-02 800631731 KOPPENHAVER PAUL L 99,750.00 3 978.32 99,717.24 75.0
322-02 800631970 DEVEAUGH JOHN E 68,800.00 1 774.53 68,800.00 80.0
322-02 800632218 WALLEN IDA 94,400.00 1 961.94 94,372.23 80.0
322-02 800632598 BROWN MELINDA J 88,250.00 1 899.27 88,144.60 84.8
322-02 800633240 GUERCIO DAVID 17,850.00 1 176.77 17,850.00 84.9
322-02 800633729 CEPHAS LAMONT 97,750.00 3 903.30 97,712.19 85.0
322-02 800635179 CAPLE LORI ANN 109,000.00 3 838.12 109,000.00 80.7
322-02 800635872 BORVICK GORDON P 154,000.00 1 1,658.53 153,922.96 80.0
322-02 800636136 TIDWELL DARRELL D 55,200.00 6 618.76 55,200.00 73.6
322-02 800636177 BRINGHURST SANDRA M 162,400.00 1 1,191.63 162,291.04 80.0
322-02 800638108 TYLWALK JOHN C 121,500.00 1 1,043.87 121,443.32 90.0
322-02 800638173 TINLIN THOMAS M 60,000.00 1 509.99 59,971.26 46.1
322-02 800638413 VILLEGAS JORGE 52,700.00 1 482.07 52,700.00 85.0
322-02 800638744 PATTON AGGIE 110,960.00 1 963.52 110,858.76 73.0
322-02 800638835 MCDONALD WILLIAM A 415,500.00 1 3,380.64 415,278.89 75.0
322-02 800638900 ETIE CYNTHIA L 108,000.00 1 764.42 107,843.16 90.0
322-02 800638934 WINSLOW DAVID O 135,000.00 1 1,172.27 135,000.00 81.8
322-02 800639130 REPECKI MICHAEL PAUL 54,000.00 1 463.95 53,949.40 90.0
322-02 800639718 HOWARD DAVID E 107,900.00 1 1,058.24 107,900.00 84.9
322-02 800639726 GARCIA THE0DORE A 85,000.00 1 833.64 84,943.91 85.0
322-02 800639890 REYNOLDS TED A 60,000.00 7 526.54 60,000.00 68.1
322-02 800640120 BENABE MARILYN 154,500.00 3 1,299.12 154,424.01 75.0
322-02 800640195 SEGURA TIMOTHY ERIC 216,750.00 1 1,982.70 216,750.00 85.0
322-02 800640880 GILMORE SHAWN W 61,950.00 1 637.23 61,932.27 80.9
322-02 800641763 SIEFKES MICHAEL LEE 113,250.00 1 850.81 113,177.78 75.0
322-02 800642092 SCHENCK DAVID W 481,000.00 1 4,490.04 480,818.92 85.8
322-02 800643025 THEISEN DAVID W 128,000.00 1 1,111.49 127,883.20 80.0
322-02 800643199 MCLEAN TIMOTHY M 135,450.00 1 1,176.18 135,288.46 90.0
322-02 800643389 SHUGRUE LORRAINE 126,660.00 1 1,076.60 126,599.32 80.0
322-02 800643918 DUMAS JEAN MICHEL 79,000.00 1 858.49 78,961.57 62.6
322-02 800644957 SCOTTO ENRICA 288,000.00 1 3,073.71 287,776.56 79.8
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 800619959 04/01/00 11.750 65,000.00 Y
322-02 800620221 04/01/00 10.750 60,000.00 N
322-02 800620569 05/01/00 13.250 190,000.00 Y
322-02 800621278 03/01/00 7.375 110,500.00 Y
322-02 800621328 04/01/00 12.375 92,000.00 Y
322-02 800621526 05/01/00 12.875 200,000.00 Y
322-02 800621799 04/01/00 11.875 126,000.00 Y
322-02 800622011 05/01/00 9.375 55,000.00 N
322-02 800622227 04/01/00 8.875 115,000.00 N
322-02 800622318 05/01/00 10.125 79,000.00 Y
322-02 800622656 03/01/00 10.250 425,000.00 Y
322-02 800623357 04/01/00 9.375 190,000.00 Y
322-02 800623936 04/01/00 10.375 220,000.00 Y
322-02 800624462 09/02/98 12.250 125,000.00 Y
322-02 800624769 05/01/00 10.500 150,000.00 Y
322-02 800624850 04/01/00 7.875 248,000.00 Y
322-02 800625550 03/01/00 10.125 33,000.00 Y
322-02 800626681 05/01/00 9.500 110,000.00 Y
322-02 800627242 05/01/00 11.500 39,000.00 Y
322-02 800627317 05/01/00 10.625 60,500.00 Y
322-02 800627978 04/01/00 12.750 54,000.00 Y
322-02 800628216 05/01/00 9.000 196,000.00 Y
322-02 800628273 04/01/00 9.625 126,000.00 Y
322-02 800629172 03/01/00 7.125 131,500.00 Y
322-02 800629933 04/01/00 8.500 110,000.00 N
322-02 800630378 04/01/00 12.375 90,000.00 Y
322-02 800630519 04/01/00 10.375 62,000.00 Y
322-02 800630683 04/01/00 10.875 64,000.00 Y
322-02 800630816 05/01/00 11.500 56,000.00 Y
322-02 800630840 03/01/00 13.375 120,000.00 Y
322-02 800631327 11/01/98 11.875 130,000.00 Y
322-02 800631434 05/01/00 9.875 325,000.00 Y
322-02 800631566 04/01/00 8.750 185,000.00 Y
322-02 800631731 05/01/00 11.375 133,000.00 Y
322-02 800631970 05/01/00 13.250 86,000.00 Y
322-02 800632218 05/01/00 11.875 118,000.00 Y
322-02 800632598 01/01/00 11.875 104,000.00 Y
322-02 800633240 05/01/00 11.500 21,001.00 N
322-02 800633729 05/01/00 10.625 115,000.00 Y
322-02 800635179 05/01/00 8.500 135,000.00 Y
322-02 800635872 04/01/00 12.625 192,500.00 Y
322-02 800636136 05/01/00 10.750 75,000.00 Y
322-02 800636177 04/01/00 8.000 203,000.00 Y
322-02 800638108 04/01/00 9.750 135,000.00 Y
322-02 800638173 05/01/00 9.625 130,000.00 Y
322-02 800638413 05/01/00 10.500 62,000.00 Y
322-02 800638744 05/01/00 9.875 152,000.00 Y
322-02 800638835 04/01/00 9.125 554,000.00 Y
322-02 800638900 04/01/00 7.625 120,000.00 Y
322-02 800638934 05/01/00 9.875 165,000.00 Y
322-02 800639130 04/01/00 9.750 60,000.00 Y
322-02 800639718 05/01/00 11.375 127,000.00 Y
322-02 800639726 04/01/00 11.375 100,000.00 Y
322-02 800639890 06/01/00 10.000 88,000.00 Y
322-02 800640120 04/01/00 9.500 206,000.00 Y
322-02 800640195 05/01/00 10.500 255,000.00 Y
322-02 800640880 04/01/00 12.000 76,500.00 Y
322-02 800641763 04/01/00 8.250 151,000.00 Y
322-02 800642092 04/01/00 10.750 560,000.00 Y
322-02 800643025 05/01/00 9.875 160,000.00 Y
322-02 800643199 04/01/00 9.875 150,500.00 Y
322-02 800643389 04/01/00 9.625 158,325.00 Y
322-02 800643918 04/01/00 12.750 126,000.00 Y
322-02 800644957 03/01/00 12.500 360,605.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 14 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 800645103 GAYESKI PAUL 129,000.00 1 1,014.84 128,925.79 79.6
322-02 800645673 YOUNG BARBARA J 135,000.00 1 1,098.40 134,928.16 79.4
322-02 800645905 WUNDERBAR WLADYSLAW 280,000.00 1 2,799.55 279,912.95 80.0
322-02 800645939 BROK ALBERT J 416,000.00 1 3,161.90 415,741.43 80.0
322-02 800646135 QUINONEZ SANTO 42,000.00 3 415.92 41,986.58 70.0
322-02 800646143 TRITTO JOSEPH 91,000.00 1 988.89 90,977.99 65.0
322-02 800646622 MARTIN ALFRED J JR 60,000.00 1 611.40 60,000.00 64.5
322-02 800647190 PIMENTAL WANDA L 51,850.00 1 474.29 51,828.69 85.0
322-02 800647505 FLUDER DENNIS J 308,000.00 1 2,846.22 307,880.86 84.6
322-02 800647539 FRISCO SHARONNE 48,000.00 3 498.36 48,000.00 80.0
322-02 800647869 HARVEY KENNETH J 91,800.00 3 780.29 91,756.02 90.0
322-02 800648289 ECKERT TIMOTHY C 92,000.00 1 756.86 91,952.31 54.1
322-02 800648503 REECHER DAVID W 104,882.00 1 1,170.47 104,882.00 80.9
322-02 800649279 GIBSON DANIEL E. 68,800.00 4 661.70 68,800.00 80.0
322-02 800650947 ST CLAIR PHI ARTHUR 253,670.00 4 2,731.94 253,606.88 85.9
322-02 800651861 DEFOGGI JAMES S 20,400.00 3 153.26 20,400.00 80.0
322-02 800651879 AHYOUNG ANTHONY JR 121,500.00 1 1,122.78 121,453.00 90.0
322-02 800652570 BADALAMENTI FARO S 59,200.00 1 547.07 59,177.17 74.9
322-02 800653198 MASSEY DAVID A SR 104,550.00 1 936.87 104,291.22 85.0
322-02 800654154 BEAM JERRY 52,700.00 1 472.25 52,700.00 85.0
322-02 800654220 JUNIOUS CHARLENE 48,000.00 1 516.94 47,975.99 80.0
322-02 800654402 KOZLOWSKI DAVID 94,500.00 1 846.82 94,460.37 85.9
322-02 800654584 GARICK STUART R 54,400.00 1 554.34 54,383.99 85.0
322-02 800654618 SHANNON CHRISTINA M 64,100.00 1 568.45 64,100.00 84.9
322-02 800654659 TILLY CLAIR 63,000.00 1 506.91 63,000.00 90.0
322-02 800654725 COTTINGHAM EVELYN 95,200.00 1 888.67 95,164.16 88.1
322-02 800655276 ROSATO NICHOLAS C 58,500.00 1 513.38 58,421.71 90.0
322-02 800655375 LEAVITT MARK D 64,750.00 2 562.26 64,661.01 68.3
322-02 800655953 JUNGBAER PETER 26,550.00 1 225.67 26,537.28 90.0
322-02 800656340 CARROLL CLIFFORD G 86,000.00 2 668.90 85,898.09 75.4
322-02 800656373 PEREZ DIANA I 58,500.00 3 475.97 58,500.00 90.0
322-02 800656639 FINNEGAN GARY 118,000.00 1 981.46 117,931.88 63.7
322-02 800657041 GILBREATH JOEL 95,200.00 7 1,056.54 95,200.00 70.0
322-02 800657090 GOSSELIN SANDRA A 130,500.00 1 1,109.24 130,437.48 79.0
322-02 800657363 SPAIN VIRGINIA 60,000.00 1 675.47 59,987.03 80.0
322-02 800657462 RIAZI KHOSROW 344,000.00 1 2,861.22 344,000.00 80.0
322-02 800657710 JONES LINDA 146,180.00 3 1,378.32 146,180.00 85.9
322-02 800657793 GEBHARDT TIMOTHY R 73,600.00 1 757.06 73,557.67 80.0
322-02 800657876 FAWAZ TALAL E 140,000.00 1 1,088.91 139,917.34 84.8
322-02 800658619 KIDWELL RONALD J 52,600.00 1 451.92 52,550.72 77.3
322-02 800658999 YNIGUEZ BING R 270,000.00 1 2,444.60 269,778.59 89.9
322-02 800659179 THORPE STEPHEN A 100,800.00 1 856.79 100,800.00 73.0
322-02 800659765 HETSKO GARY 48,750.00 1 482.77 48,734.42 75.0
322-02 800660292 SNYDER GERALD A JR 34,200.00 1 290.70 34,183.61 90.0
322-02 800660524 NOTTOLI WILLIAM R 72,000.00 1 651.89 71,970.61 79.1
322-02 800661076 PLANT LARRY D 146,000.00 3 1,214.35 145,852.00 88.4
322-02 800661902 FERNANDES ANTONIO 134,000.00 5 1,276.11 133,904.01 67.0
322-02 800662702 BALOS TIMMY 87,000.00 1 803.96 86,932.40 48.3
322-02 800662777 SOLOMAN ELMORE 97,750.00 1 949.41 97,750.00 85.0
322-02 800662868 AWAD ASHRAF M 112,000.00 5 1,066.61 112,000.00 80.0
322-02 800663239 KELMAN MICHAEL 75,000.00 1 665.12 74,967.69 46.8
322-02 800663312 PFEIFFER RICHARD A 120,700.00 1 1,218.36 120,663.49 85.0
322-02 800663346 WARDYNSKI JAMES 55,250.00 1 515.75 55,208.21 85.0
322-02 800663353 MOYLES WILLIAM P 630,000.00 1 5,354.93 629,698.19 70.0
322-02 800663403 ROSSELL ROBERT 87,200.00 1 749.18 87,159.32 80.0
322-02 800663478 TURNER STEVEN RANDOLPH 175,950.00 1 1,275.76 175,828.91 90.0
322-02 800664286 CASTELLANOS CARLOS ENRIQU 195,500.00 1 1,992.15 195,500.00 85.0
322-02 800664534 BURTON SEAN D 62,000.00 1 584.59 61,977.29 84.9
322-02 800664575 BAMBINO DEBORAH A 50,100.00 1 491.36 50,083.55 84.9
322-02 800664849 MARZONIE THEODORE J 288,000.00 1 2,317.31 288,000.00 90.0
322-02 800664997 IERONIMO NICHOLAS J 613,000.00 1 5,322.97 612,721.51 80.1
322-02 800665408 HARPER HENRY C 42,800.00 1 391.51 42,765.83 50.9
322-02 800666299 MARTINEZ FRANKIE L 95,800.00 1 753.66 95,744.54 89.9
322-02 800666422 SCHAFFER HAZEL L 62,765.00 1 568.28 62,739.38 80.9
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 800645103 05/01/00 8.750 162,000.00 Y
322-02 800645673 05/01/00 9.125 170,000.00 Y
322-02 800645905 04/01/00 11.625 350,000.00 Y
322-02 800645939 05/01/00 8.375 520,000.00 Y
322-02 800646135 10/01/98 11.500 60,000.00 N
322-02 800646143 04/01/00 12.750 140,000.00 Y
322-02 800646622 05/01/00 11.875 93,000.00 Y
322-02 800647190 04/01/00 10.500 61,000.00 Y
322-02 800647505 04/01/00 10.625 364,000.00 Y
322-02 800647539 05/01/00 12.125 60,000.00 Y
322-02 800647869 05/01/00 9.625 102,000.00 Y
322-02 800648289 04/01/00 9.250 170,000.00 Y
322-02 800648503 05/01/00 13.125 129,500.00 Y
322-02 800649279 06/01/00 11.125 86,000.00 Y
322-02 800650947 04/01/00 12.625 295,000.00 Y
322-02 800651861 11/01/98 8.250 25,500.00 N
322-02 800651879 05/01/00 10.625 135,000.00 Y
322-02 800652570 04/01/00 10.625 79,000.00 N
322-02 800653198 04/01/00 10.250 123,000.00 Y
322-02 800654154 05/01/00 10.250 62,000.00 Y
322-02 800654220 03/01/00 12.625 60,000.00 Y
322-02 800654402 04/01/00 10.250 110,000.00 Y
322-02 800654584 04/01/00 11.875 64,000.00 Y
322-02 800654618 04/13/00 10.125 75,500.00 Y
322-02 800654659 05/01/00 9.000 70,000.00 Y
322-02 800654725 04/01/00 10.750 108,000.00 Y
322-02 800655276 03/01/00 10.000 65,000.00 Y
322-02 800655375 03/04/00 9.875 94,750.00 Y
322-02 800655953 04/01/00 9.625 29,500.00 Y
322-02 800656340 04/01/00 8.625 114,000.00 Y
322-02 800656373 05/01/00 9.125 65,000.00 N
322-02 800656639 05/01/00 9.375 185,000.00 Y
322-02 800657041 06/01/00 12.125 136,000.00 Y
322-02 800657090 05/01/00 9.625 165,000.00 Y
322-02 800657363 04/01/00 13.250 75,000.00 Y
322-02 800657462 05/01/00 9.375 430,000.00 Y
322-02 800657710 05/01/00 10.875 170,000.00 Y
322-02 800657793 03/01/00 12.000 92,000.00 Y
322-02 800657876 04/01/00 8.625 165,000.00 Y
322-02 800658619 03/01/00 9.750 68,000.00 Y
322-02 800658999 03/01/00 10.375 300,060.00 Y
322-02 800659179 05/01/00 9.625 138,000.00 Y
322-02 800659765 04/01/00 11.500 65,000.00 Y
322-02 800660292 04/01/00 9.625 38,000.00 Y
322-02 800660524 04/01/00 10.375 91,000.00 Y
322-02 800661076 04/01/00 9.375 165,000.00 Y
322-02 800661902 10/01/98 11.000 200,000.00 Y
322-02 800662702 04/01/00 10.625 180,000.00 Y
322-02 800662777 05/01/00 11.250 115,000.00 Y
322-02 800662868 05/01/00 11.000 140,000.00 Y
322-02 800663239 05/01/00 10.125 160,000.00 Y
322-02 800663312 04/01/00 11.750 142,000.00 Y
322-02 800663346 09/01/98 10.750 65,000.00 Y
322-02 800663353 04/01/00 9.625 900,000.00 Y
322-02 800663403 05/01/00 9.750 109,000.00 Y
322-02 800663478 03/05/00 7.875 195,500.00 Y
322-02 800664286 05/01/00 11.875 230,000.00 Y
322-02 800664534 04/01/00 10.875 73,000.00 Y
322-02 800664575 05/01/00 11.375 59,000.00 Y
322-02 800664849 05/01/00 9.000 320,000.00 Y
322-02 800664997 05/01/00 9.875 765,000.00 Y
322-02 800665408 03/01/00 10.500 84,000.00 N
322-02 800666299 04/01/00 8.750 106,500.00 Y
322-02 800666422 04/01/00 10.375 77,500.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 15 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 800666471 ROBINSON MICHELLE A 100,800.00 3 884.59 100,755.41 90.0
322-02 800667024 TAKHAR PHAGWAN S 60,800.00 2 489.21 60,733.33 80.0
322-02 800667040 HESSEN KEVIN 115,000.00 1 935.68 114,938.80 68.8
322-02 800667271 SCHULZE WALTER 100,000.00 1 786.71 99,942.46 71.4
322-02 800667792 MANCINELLI RAY R 126,000.00 1 1,094.12 125,885.04 90.0
322-02 800667925 ADDIE ROBIN 46,700.00 1 449.15 46,700.00 84.9
322-02 800668337 PRIEST PHILIP K 176,000.00 1 1,642.93 175,933.74 80.0
322-02 800668386 CRANDALL ROBERT L 172,000.00 2 1,247.12 171,881.63 80.0
322-02 800668774 CHANDLER PERCY L 64,800.00 1 735.86 64,786.39 80.0
322-02 800669095 MARZONIE THEODORE J JR 85,200.00 1 617.76 85,200.00 78.1
322-02 800669889 LISS KENN S 442,500.00 5 3,680.49 442,276.54 75.0
322-02 800670200 HOOD RENEE 120,000.00 1 1,097.69 119,952.31 75.0
322-02 800670598 HENRY ANTHONY 225,000.00 3 1,810.40 225,000.00 90.0
322-02 800670663 BONANNO THOMAS 220,500.00 1 1,955.44 220,405.03 70.0
322-02 800670986 MARTIN JAMES A 58,500.00 1 475.97 58,500.00 90.0
322-02 800671240 KRUSE RICHARD R 105,000.00 1 1,100.29 104,971.58 79.5
322-02 800671927 BURRUANO MICHAEL 328,000.00 3 2,551.15 327,806.35 80.0
322-02 800673139 JELKS CURLEY M 67,500.00 4 586.13 67,469.34 90.0
322-02 800673519 MADDALONE KAREN S 80,000.00 8 650.91 80,000.00 53.3
322-02 800673998 NICHOLS ELAINE 122,500.00 3 1,132.02 122,452.62 77.5
322-02 800674053 DELISA DOUGLAS S 104,000.00 1 1,150.45 104,000.00 80.0
322-02 800674194 ZUZIERLA JAMES 157,250.00 1 1,453.14 157,250.00 85.0
322-02 800675183 JACKSON PAUL 80,000.00 1 650.91 80,000.00 79.2
322-02 800675431 STUTO JOANN 38,400.00 1 387.61 38,388.39 80.0
322-02 800675514 GOODSELL L BRADLEY 120,600.00 1 948.76 120,529.38 90.0
322-02 800675795 JOHNSON MATTHEW P 81,600.00 1 701.07 81,561.93 85.0
322-02 800675845 ORDONE WILLIE M 62,050.00 7 651.06 61,980.66 85.0
322-02 800675852 PROVANCE JAMES 35,750.00 1 391.98 35,741.59 55.0
322-02 800675902 BRUIN WAYNE 58,800.00 1 565.53 58,779.59 70.0
322-02 800676066 DAVENPORT MARY A 34,000.00 1 349.73 34,000.00 80.0
322-02 800676140 SHOKRI ARDALAN 377,200.00 1 3,240.74 377,200.00 89.9
322-02 800676223 DEL FRANCESC PATRICK 228,000.00 1 2,128.34 228,000.00 80.0
322-02 800676421 SUMMERS DONALD L 64,800.00 1 538.97 64,767.28 90.0
322-02 800676611 PHAM UYEN KHAC 90,865.00 1 772.34 90,821.47 85.0
322-02 800676801 ELLIOTT GEORGE R 40,500.00 1 351.68 40,481.60 90.0
322-02 800676868 LUCIUS MONICA TANYA 63,000.00 1 547.06 62,971.38 89.6
322-02 800676900 MALOVICH ERIC L 45,000.00 7 453.06 45,000.00 90.0
322-02 800677452 ANDERSEN DAVID J 79,050.00 1 559.51 78,992.79 85.0
322-02 800677585 SMITH CALVIN 30,400.00 6 347.92 30,400.00 80.0
322-02 800678070 HILLS TONJA 148,500.00 3 1,303.19 148,434.31 90.0
322-02 800678310 MARTINS JOSE C 101,000.00 1 923.89 100,959.86 77.6
322-02 800679524 MOLINA SUSANA 52,500.00 1 422.43 52,471.32 75.0
322-02 800679706 BELL JAMES A JR 159,750.00 1 1,314.22 159,750.00 90.0
322-02 800679755 WHITE JENNIFER A 18,000.00 1 206.17 17,992.62 80.0
322-02 800679912 SUAREZ STEVEN 68,000.00 1 571.78 67,932.84 80.0
322-02 800680019 HARDING WARREN 71,200.00 1 739.23 71,200.00 80.0
322-02 800680340 MASON JOELLA 79,650.00 1 640.88 79,606.50 90.0
322-02 800680357 OGLESBY JOHN M 92,800.00 1 945.63 92,772.70 80.0
322-02 800680514 GRUVER DANIEL J 91,530.00 1 828.72 91,454.94 90.0
322-02 800680878 PAWLENKO GRAZYNA 99,000.00 1 877.96 98,914.34 60.0
322-02 800681116 BITZBERGER MICHELLE L 142,700.00 1 1,226.02 142,629.44 89.9
322-02 800681124 FOX MARY 41,650.00 2 320.25 41,599.36 85.0
322-02 800681397 EITNIER SYLVIA 50,400.00 1 508.74 50,353.83 60.0
322-02 800681892 SULEIMAN LARA 44,550.00 1 370.54 44,527.51 90.0
322-02 800682114 MCCAFFERTY CHRISTINE M 79,000.00 1 579.67 78,947.00 58.0
322-02 800682221 DEMARTINIS DONATO 308,000.00 1 3,197.79 307,914.29 80.0
322-02 800682510 GLISAN JUELE 500,000.00 1 4,068.17 499,465.80 71.6
322-02 800682916 VERLEY CRYSTAL 83,300.00 1 700.43 83,259.03 85.0
322-02 800683989 VELLARO VICTORIA 53,450.00 8 529.31 53,432.92 80.9
322-02 800684029 ROBBINS JAMES 77,000.00 1 690.00 77,000.00 82.7
322-02 800684292 NAPOLITANO LISA 88,000.00 4 676.64 88,000.00 80.0
322-02 800684904 EDWARDS SAMUEL 64,000.00 1 658.31 63,981.69 80.0
322-02 800685661 LEBEAU LAWRENCE 88,000.00 1 871.46 87,943.47 80.0
322-02 800686230 CARTER MARY ANN 87,500.00 1 767.87 87,461.30 70.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 800666471 04/01/00 10.000 112,000.00 Y
322-02 800667024 04/01/00 9.000 76,000.00 Y
322-02 800667040 04/01/00 9.125 167,000.00 Y
322-02 800667271 04/05/00 8.750 140,000.00 Y
322-02 800667792 03/16/00 9.875 140,000.00 Y
322-02 800667925 05/01/00 11.125 55,000.00 Y
322-02 800668337 04/01/00 10.750 220,000.00 Y
322-02 800668386 05/01/00 7.875 215,000.00 Y
322-02 800668774 04/03/00 13.375 81,000.00 Y
322-02 800669095 05/01/00 7.875 109,000.00 Y
322-02 800669889 04/01/00 9.375 590,000.00 Y
322-02 800670200 04/01/00 10.500 160,000.00 Y
322-02 800670598 06/01/00 9.000 250,000.00 Y
322-02 800670663 04/01/00 10.125 315,000.00 Y
322-02 800670986 05/01/00 9.125 65,000.00 Y
322-02 800671240 10/06/98 12.250 132,000.00 Y
322-02 800671927 04/01/00 8.625 410,000.00 Y
322-02 800673139 04/01/00 9.875 75,000.00 Y
322-02 800673519 05/01/00 9.125 150,000.00 Y
322-02 800673998 04/01/00 10.625 158,000.00 Y
322-02 800674053 05/01/00 13.000 130,000.00 Y
322-02 800674194 05/01/00 10.625 185,000.00 Y
322-02 800675183 05/01/00 9.125 101,000.00 Y
322-02 800675431 04/01/00 11.750 48,000.00 Y
322-02 800675514 04/01/00 8.750 134,000.00 Y
322-02 800675795 04/01/00 9.750 96,000.00 Y
322-02 800675845 04/01/00 11.250 73,000.00 Y
322-02 800675852 04/01/00 12.875 65,000.00 Y
322-02 800675902 04/01/00 11.125 84,000.00 N
322-02 800676066 05/08/00 12.000 42,500.00 Y
322-02 800676140 05/01/00 9.750 419,125.00 Y
322-02 800676223 06/01/00 10.750 285,000.00 Y
322-02 800676421 04/01/00 9.375 72,000.00 Y
322-02 800676611 04/01/00 9.625 106,900.00 Y
322-02 800676801 04/01/00 9.875 45,000.00 Y
322-02 800676868 04/01/00 9.875 70,275.00 Y
322-02 800676900 05/01/00 10.625 50,000.00 Y
322-02 800677452 05/01/00 7.625 93,000.00 Y
322-02 800677585 05/01/00 11.125 38,000.00 Y
322-02 800678070 04/01/00 10.000 165,000.00 Y
322-02 800678310 05/01/00 10.500 130,000.00 Y
322-02 800679524 05/01/00 9.000 70,000.00 Y
322-02 800679706 05/01/00 9.250 177,500.00 Y
322-02 800679755 03/01/00 13.500 22,500.00 Y
322-02 800679912 03/01/00 9.500 85,000.00 N
322-02 800680019 05/01/00 12.125 89,000.00 Y
322-02 800680340 05/01/00 9.000 88,500.00 Y
322-02 800680357 05/01/00 11.875 116,000.00 Y
322-02 800680514 03/01/00 10.375 101,700.00 Y
322-02 800680878 04/01/00 10.125 165,000.00 Y
322-02 800681116 04/01/00 9.750 158,600.00 Y
322-02 800681124 04/01/00 8.500 49,000.00 Y
322-02 800681397 03/01/00 11.750 84,000.00 N
322-02 800681892 04/01/00 9.375 49,500.00 Y
322-02 800682114 04/01/00 8.000 136,000.00 N
322-02 800682221 04/01/00 12.125 385,000.00 Y
322-02 800682510 03/01/00 9.125 698,000.00 Y
322-02 800682916 05/01/00 9.500 98,000.00 Y
322-02 800683989 04/01/00 11.500 66,000.00 Y
322-02 800684029 06/01/00 10.250 93,000.00 Y
322-02 800684292 06/04/00 8.500 110,000.00 N
322-02 800684904 04/01/00 12.000 80,000.00 Y
322-02 800685661 04/01/00 11.500 110,000.00 Y
322-02 800686230 05/01/00 10.000 125,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 16 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 800686255 BODNER SAMUEL 195,000.00 2 1,729.30 194,916.00 75.0
322-02 800686362 QUINNEY PATTI M 169,200.00 1 1,469.24 169,045.64 90.0
322-02 800686867 MITCHELL DESIREE 59,415.00 1 560.22 59,415.00 85.0
322-02 800686909 ANDERSON KENNETH W JR 127,120.00 1 977.44 127,120.00 80.0
322-02 800687238 WEINGARDEN STANLEY M 189,000.00 1 1,623.81 188,911.82 90.0
322-02 800687287 COLON EDWIN K 66,725.00 8 610.36 66,725.00 85.0
322-02 800687402 FONTANA EMILIO 135,000.00 1 1,122.86 135,000.00 75.0
322-02 800687600 DRUMMOND STEPHEN 79,900.00 1 776.04 79,873.02 85.0
322-02 800687865 BODERMAN JEFF J 122,400.00 1 866.34 122,311.41 90.0
322-02 800687956 SEAVER ROBERT S 85,000.00 1 761.69 84,964.35 85.0
322-02 800688160 PASQUARIELLO ANTHONY 49,870.00 1 396.79 49,870.00 74.9
322-02 800688335 PASKO LOUIS J 56,900.00 1 520.49 56,900.00 84.9
322-02 800688483 TWICHELL MARK 38,400.00 1 298.67 38,354.50 80.0
322-02 800688509 DRUK RONALD J 128,800.00 1 1,166.17 128,747.41 80.0
322-02 800688533 SHURMUR KEITH M 136,000.00 1 1,106.54 135,927.63 80.0
322-02 800688558 FASOIS NICHOLAS S JR 122,400.00 1 1,051.61 122,342.89 90.0
322-02 800688731 ZIELINSKI WILLIAM J 56,800.00 1 426.72 56,763.78 80.0
322-02 800689838 BRENISER GARY W 68,000.00 1 565.59 67,965.66 80.0
322-02 800689903 COOLBAUGH JOSEPH M 27,965.00 1 250.59 27,965.00 85.0
322-02 800690166 KABRIEL KEVIN D 61,200.00 1 486.93 61,165.69 90.0
322-02 800690364 BANNISTER FRANK 114,375.00 1 1,014.31 114,325.74 75.0
322-02 800690380 PIPKIN RITA 40,600.00 7 501.19 40,568.25 70.0
322-02 800690414 POWELL DAVE E 230,400.00 3 2,000.67 230,295.33 90.0
322-02 800690968 GREEN DUSKA DEE 140,250.00 1 1,309.21 140,250.00 85.0
322-02 800691081 FREEMAN GARY E 66,000.00 1 609.90 66,000.00 71.3
322-02 800691479 VARGAS ROSA 49,600.00 1 505.43 49,600.00 80.0
322-02 800691560 WESTON BRUCE E 67,900.00 1 640.23 67,875.11 84.9
322-02 800691644 HOLT CHARLENE 32,000.00 3 260.36 31,982.97 80.0
322-02 800692196 HARRELL DIXIE L 87,200.00 1 905.35 87,200.00 80.0
322-02 800692782 JONES LARRY E 132,000.00 1 1,121.99 132,000.00 68.5
322-02 800692915 HEITKAMP BRENDA 23,700.00 2 219.01 23,690.83 69.9
322-02 800692964 BUI THEM QUOC 46,800.00 1 436.87 46,782.38 90.0
322-02 800693020 MELOCHE ANTHONY M 90,000.00 1 789.81 89,960.19 90.0
322-02 800693376 MOUNDROS EFFIE 280,000.00 3 2,880.12 279,919.88 80.0
322-02 800693830 ROSEBERRY ROGER L 35,000.00 3 356.65 34,989.70 70.0
322-02 800693921 MUSTAFA SHAMA 117,000.00 1 1,103.18 116,913.87 84.7
322-02 800694218 JOHNSON DAVID 115,000.00 4 1,095.17 114,959.00 87.1
322-02 800694234 DUX CHRISTOPHE 45,000.00 1 366.13 44,976.06 81.8
322-02 800694531 OBLAK JOHN D 86,400.00 1 649.10 86,344.90 80.0
322-02 800694572 AMARILLO JOAN B 66,150.00 7 699.75 66,077.30 90.0
322-02 800695728 PHILLIPS ALBERT N 140,000.00 1 1,267.57 139,827.05 76.0
322-02 800696031 ROGERS JACK K 140,000.00 1 1,467.05 139,962.12 60.3
322-02 800696072 WILSON DORIS 49,300.00 1 450.97 49,300.00 85.0
322-02 800696296 OWENS MARK 59,962.00 3 515.17 59,962.00 74.9
322-02 800696551 UNDERHILL BRIAN 76,400.00 1 698.86 76,369.64 84.9
322-02 800696635 BETTS MICHELE 129,200.00 1 1,169.79 129,147.25 85.0
322-02 800696650 ALKATIB ADEL 88,500.00 1 680.49 88,500.00 75.0
322-02 800696700 MCGEE DWIGHT J 20,100.00 1 189.52 20,092.64 64.8
322-02 800696726 FUSSNER MARK D 73,600.00 1 673.25 73,600.00 80.0
322-02 800697542 ISROW LINDA A 69,000.00 1 573.91 68,965.15 74.1
322-02 800697609 MORTILLARO VINCENZO 169,100.00 1 1,562.65 169,034.59 84.9
322-02 800698136 BOYER ROD E 120,000.00 1 987.21 119,937.79 80.0
322-02 800698599 CORCORAN MICHELINE M 68,250.00 1 605.26 67,571.89 75.0
322-02 800698763 THOMPSON ERIN N 80,550.00 1 626.51 80,550.00 90.0
322-02 800698789 CORCORAN MICHELINE M 106,000.00 1 920.45 105,008.76 80.0
322-02 800699209 KOGLER JORG D 70,000.00 1 588.60 69,930.86 69.3
322-02 800699621 KOCH LYNN 76,800.00 1 617.95 76,800.00 80.0
322-02 800699795 HAWKINS ROBERT L 154,900.00 2 1,204.80 154,808.54 79.9
322-02 800699977 AINI MICHAEL 300,000.00 3 2,716.22 299,877.53 60.0
322-02 800700197 AUSTIN PAUL 48,000.00 1 457.12 47,982.88 80.0
322-02 800700221 BOWEE BARBARA J 95,000.00 1 781.54 94,950.75 42.0
322-02 800700296 JUSTICE BOBBY J 72,000.00 1 625.21 72,000.00 86.7
322-02 800700676 SMITH BELINDA K 69,500.00 1 688.25 69,500.00 64.9
322-02 800700726 BENSON DEBORAH Y 76,500.00 1 643.25 76,500.00 90.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 800686255 04/01/00 10.125 260,000.00 Y
322-02 800686362 04/01/00 9.875 188,000.00 Y
322-02 800686867 06/01/00 10.875 69,900.00 Y
322-02 800686909 05/01/00 8.500 158,900.00 Y
322-02 800687238 04/01/00 9.750 210,000.00 Y
322-02 800687287 06/01/00 10.500 78,500.00 Y
322-02 800687402 05/01/00 9.375 180,000.00 Y
322-02 800687600 04/01/00 11.250 93,900.00 Y
322-02 800687865 04/01/00 7.625 136,000.00 Y
322-02 800687956 04/01/00 10.250 100,000.00 Y
322-02 800688160 06/01/00 8.875 66,500.00 Y
322-02 800688335 05/01/00 10.500 67,000.00 Y
322-02 800688483 04/01/00 8.625 48,000.00 Y
322-02 800688509 04/01/00 10.375 161,000.00 Y
322-02 800688533 05/01/00 9.125 170,000.00 Y
322-02 800688558 04/01/00 9.750 136,000.00 Y
322-02 800688731 05/01/00 8.250 71,000.00 Y
322-02 800689838 10/01/98 9.375 85,000.00 Y
322-02 800689903 06/01/00 10.250 32,900.00 Y
322-02 800690166 05/01/00 8.875 68,000.00 Y
322-02 800690364 04/01/00 10.125 152,500.00 Y
322-02 800690380 04/11/00 13.875 58,000.00 Y
322-02 800690414 10/01/98 9.875 256,000.00 Y
322-02 800690968 05/01/00 10.750 165,000.00 Y
322-02 800691081 05/01/00 10.625 92,500.00 Y
322-02 800691479 05/01/00 11.875 62,000.00 Y
322-02 800691560 04/01/00 10.875 79,900.00 Y
322-02 800691644 04/01/00 9.125 40,000.00 N
322-02 800692196 05/01/00 12.125 109,000.00 Y
322-02 800692782 06/01/00 9.625 192,500.00 Y
322-02 800692915 04/01/00 10.625 33,900.00 Y
322-02 800692964 04/01/00 10.750 52,000.00 Y
322-02 800693020 04/01/00 10.000 100,000.00 Y
322-02 800693376 04/01/00 12.000 350,000.00 Y
322-02 800693830 04/01/00 11.875 50,000.00 N
322-02 800693921 04/01/00 10.875 138,000.00 Y
322-02 800694218 04/01/00 11.000 132,000.00 Y
322-02 800694234 05/01/00 9.125 55,000.00 Y
322-02 800694531 04/01/00 8.250 108,000.00 Y
322-02 800694572 04/01/00 11.375 73,500.00 Y
322-02 800695728 03/01/00 10.375 184,000.00 Y
322-02 800696031 10/01/98 12.250 232,000.00 Y
322-02 800696072 05/01/00 10.500 58,000.00 Y
322-02 800696296 06/01/00 9.750 79,950.00 N
322-02 800696551 05/01/00 10.500 89,900.00 Y
322-02 800696635 04/01/00 10.375 152,000.00 Y
322-02 800696650 06/01/00 8.500 118,000.00 N
322-02 800696700 04/01/00 10.875 31,000.00 Y
322-02 800696726 05/03/00 10.500 92,000.00 Y
322-02 800697542 11/01/98 9.375 93,000.00 Y
322-02 800697609 11/01/98 10.625 199,000.00 Y
322-02 800698136 05/01/00 9.250 150,000.00 Y
322-02 800698599 03/27/00 10.125 91,000.00 N
322-02 800698763 05/01/00 8.625 89,500.00 Y
322-02 800698789 04/01/00 9.875 132,500.00 Y
322-02 800699209 04/01/00 9.500 101,000.00 Y
322-02 800699621 06/01/00 9.000 96,000.00 Y
322-02 800699795 04/01/00 8.625 193,676.00 Y
322-02 800699977 05/01/00 10.375 500,000.00 Y
322-02 800700197 04/01/00 11.000 60,000.00 Y
322-02 800700221 04/01/00 9.250 226,000.00 Y
322-02 800700296 05/01/00 9.875 83,000.00 Y
322-02 800700676 05/01/00 11.500 107,000.00 Y
322-02 800700726 05/01/00 9.500 85,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 17 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 800700734 PALMER SHARON 63,900.00 1 543.14 63,838.54 90.0
322-02 800700775 AHMED UZMA N 83,200.00 1 904.13 83,200.00 80.0
322-02 800700908 CARDINALE JOHN P 160,000.00 1 1,538.85 160,000.00 80.0
322-02 800701005 KEET PETER C 85,035.00 1 866.51 85,035.00 79.4
322-02 800701302 WARREN PAMELA A 24,500.00 1 219.54 24,500.00 70.0
322-02 800701526 PRICE KERRY R 34,650.00 1 294.52 34,616.67 90.0
322-02 800701815 LURIE RANDY B 76,800.00 1 753.23 76,749.30 80.0
322-02 800701856 YEAROUT PAUL F 165,600.00 1 1,377.38 165,600.00 90.0
322-02 800702151 HILEMAN-ANDE CYNTHIA JANE 472,000.00 8 4,361.74 471,633.24 40.0
322-02 800702334 KLEIN MARK 162,000.00 3 1,332.73 162,000.00 90.0
322-02 800702623 HIGGINS ALBERT R 109,800.00 1 983.92 109,707.52 90.0
322-02 800702888 VASQUEZ ROBERT 108,000.00 1 1,038.73 107,962.52 80.0
322-02 800703043 ZYGMOND STANLEY 153,000.00 1 1,272.58 152,844.86 82.7
322-02 800703233 SMITH EDWARD C 57,600.00 7 579.91 57,600.00 90.0
322-02 800703308 VILLARREAL DANIEL 160,650.00 1 1,150.92 160,422.49 85.0
322-02 800703514 BROWN BOBBY D 99,000.00 1 814.45 99,000.00 90.0
322-02 800703993 ANDREW RICHARD 89,970.00 1 789.55 89,890.07 88.2
322-02 800704132 BEAUREGARD RICHARD 103,500.00 1 879.74 103,500.00 90.0
322-02 800704173 ALDIRAWI QUASSIM 60,000.00 3 510.00 59,942.27 80.0
322-02 800704256 FRESHWATER CHRIS A 104,798.00 1 1,088.06 104,798.00 85.9
322-02 800704298 HARRIS CECILIA 104,000.00 1 1,150.45 103,976.67 80.0
322-02 800704538 GOSTOMSKI DONNA 102,000.00 1 923.52 101,916.34 75.0
322-02 800704660 HARBOUR TIFFANY C 50,400.00 1 446.96 50,400.00 80.0
322-02 800705279 MCLEMORE MICHAEL B 79,500.00 1 690.34 79,500.00 88.3
322-02 800705642 DAVIDS ERIC E 112,000.00 1 1,228.01 111,865.43 80.0
322-02 800706228 KOEPKE JOHN W 150,300.00 1 1,236.49 150,222.07 90.0
322-02 800706830 FRAWLEY KARL M 202,400.00 1 1,889.37 202,246.91 80.0
322-02 800707846 HIPPS PAUL G 55,000.00 1 549.92 55,000.00 70.9
322-02 800707861 FOGT ROGER 87,500.00 1 858.17 87,500.00 84.9
322-02 800707895 GILES MICHAEL 83,610.00 1 695.43 83,610.00 90.0
322-02 800707978 DURKIN BRIAN J 79,200.00 7 651.56 79,200.00 90.0
322-02 800708125 HACHEM ALI 62,000.00 1 590.44 62,000.00 84.9
322-02 800708299 MCLEISH ARCHIBALD 176,000.00 1 1,793.44 175,948.23 80.0
322-02 800708430 ESTRELLA JESUS MANUEL 64,000.00 1 538.15 63,936.79 80.0
322-02 800708463 UMOH FRANCESCA L 36,800.00 1 322.95 36,767.30 80.0
322-02 800709248 LOUD RITA J 57,800.00 1 555.91 57,739.27 85.0
322-02 800709719 MARTINEZ RAFAEL 138,800.00 8 1,230.91 138,800.00 79.4
322-02 800709800 MIFSUD DENISE M 209,500.00 1 1,799.93 209,402.26 71.2
322-02 800710493 ST CYR DOREEN 62,400.00 1 606.07 62,400.00 80.0
322-02 800710501 MCCULLOUGH MARGARET P 132,600.00 1 1,250.27 132,600.00 85.0
322-02 800711400 MERONE CAROLAN 33,300.00 7 318.60 33,255.43 90.0
322-02 800711640 HINKLE DUANE I 19,080.00 1 179.91 19,073.00 90.0
322-02 800713364 BACCHUS MARIA T 133,200.00 1 1,083.76 133,129.12 90.0
322-02 800713976 DURAN SALLY A 159,200.00 1 1,353.18 159,200.00 80.0
322-02 800714123 YATES ARNOLD 24,500.00 1 199.34 24,500.00 70.0
322-02 800714289 BERGIN EILEEN 78,000.00 3 847.62 77,981.13 40.2
322-02 800714438 PETERSEN GLENN 129,600.00 8 1,089.75 129,600.00 90.0
322-02 800714818 KING KENNETH P 63,200.00 1 699.12 63,185.55 80.0
322-02 800716177 KIRK BRADLEY FOREST 115,000.00 7 1,084.32 115,000.00 89.8
322-02 800716250 MCCARTER ALBERT P 86,700.00 7 817.49 86,700.00 85.0
322-02 800716433 DEMPSEY STEVEN M 63,900.00 7 659.57 63,900.00 90.0
322-02 800716565 BUCK DAVID W 18,750.00 1 169.76 18,742.35 75.0
322-02 800718140 MOTZ MELISSA ANNE 43,500.00 2 346.11 43,451.04 42.6
322-02 800718777 SENA PAUL 75,650.00 7 806.75 75,650.00 85.0
322-02 800720229 KNOWLES NORMA L 74,500.00 7 626.44 74,463.35 60.5
322-02 800721086 BERGER DANIEL E 35,000.00 2 297.50 35,000.00 70.7
322-02 800722787 ELLIOTT GEORGE ANNA 31,410.00 7 310.96 31,410.00 90.0
322-02 800726598 DOWDELL DEAN 106,200.00 1 883.32 106,200.00 90.0
322-02 800728339 BROWN VICKI E 22,400.00 1 188.35 22,377.88 70.0
322-02 800729030 MALLEY BRUCE T 148,400.00 1 1,469.59 148,400.00 80.0
322-02 800733057 ANNARELLA FUKUE 76,925.00 1 696.48 76,861.93 85.0
322-02 800733966 EVANS JOSEPH B 89,500.00 7 720.14 89,500.00 68.8
322-02 800735334 FOLLMER CHARLES R 134,564.00 8 1,046.62 134,484.56 80.0
322-02 800737504 WEIL NORMAN 44,800.00 1 456.51 44,786.82 80.0
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 800700734 04/01/00 9.625 71,000.00 Y
322-02 800700775 05/01/00 12.750 104,000.00 Y
322-02 800700908 06/01/00 11.125 200,000.00 Y
322-02 800701005 05/01/00 11.875 107,000.00 Y
322-02 800701302 05/01/00 10.250 35,000.00 Y
322-02 800701526 04/01/00 9.625 38,500.00 Y
322-02 800701815 05/01/00 11.375 96,000.00 Y
322-02 800701856 05/01/00 9.375 184,000.00 Y
322-02 800702151 05/01/00 10.625 1,180,000.00 N
322-02 800702334 11/01/98 9.250 180,000.00 Y
322-02 800702623 04/01/00 10.250 122,000.00 Y
322-02 800702888 04/01/00 11.125 135,000.00 Y
322-02 800703043 04/01/00 9.375 185,000.00 Y
322-02 800703233 06/01/00 10.625 64,000.00 Y
322-02 800703308 04/01/00 7.750 189,000.00 Y
322-02 800703514 05/01/00 9.250 110,000.00 Y
322-02 800703993 03/01/00 10.000 102,000.00 Y
322-02 800704132 05/01/00 9.625 115,000.00 Y
322-02 800704173 04/01/00 9.625 75,000.00 Y
322-02 800704256 05/01/00 12.125 122,000.00 Y
322-02 800704298 04/01/00 13.000 130,000.00 Y
322-02 800704538 03/01/00 10.375 136,000.00 Y
322-02 800704660 05/01/00 10.125 63,000.00 Y
322-02 800705279 05/01/00 9.875 90,000.00 Y
322-02 800705642 01/01/00 12.875 140,000.00 Y
322-02 800706228 10/01/98 9.250 167,000.00 Y
322-02 800706830 04/01/00 10.750 253,000.00 Y
322-02 800707846 05/01/00 11.625 77,500.00 Y
322-02 800707861 05/01/00 11.375 103,000.00 Y
322-02 800707895 05/01/00 9.375 92,900.00 Y
322-02 800707978 05/01/00 9.250 88,000.00 Y
322-02 800708125 05/01/00 11.000 73,000.00 Y
322-02 800708299 10/01/98 11.875 220,000.00 Y
322-02 800708430 04/01/00 9.500 80,000.00 Y
322-02 800708463 03/01/00 10.000 46,000.00 N
322-02 800709248 06/01/00 11.125 68,000.00 Y
322-02 800709719 06/01/00 10.125 174,700.00 Y
322-02 800709800 04/01/00 9.750 294,000.00 Y
322-02 800710493 05/01/00 11.250 78,000.00 Y
322-02 800710501 06/01/00 10.875 156,000.00 Y
322-02 800711400 05/01/00 9.875 37,000.00 Y
322-02 800711640 04/01/00 10.875 21,200.00 Y
322-02 800713364 05/01/00 9.125 148,000.00 Y
322-02 800713976 05/01/00 9.625 199,000.00 Y
322-02 800714123 05/01/00 9.125 35,000.00 N
322-02 800714289 04/01/00 12.750 194,000.00 Y
322-02 800714438 05/01/00 9.500 144,000.00 Y
322-02 800714818 04/01/00 13.000 79,000.00 Y
322-02 800716177 06/01/00 10.875 128,000.00 Y
322-02 800716250 06/01/00 10.875 102,000.00 Y
322-02 800716433 05/01/00 11.000 71,000.00 Y
322-02 800716565 05/01/00 10.375 25,000.00 N
322-02 800718140 04/01/00 8.875 102,000.00 Y
322-02 800718777 06/01/00 11.500 89,000.00 Y
322-02 800720229 05/01/00 9.500 123,000.00 Y
322-02 800721086 05/01/00 9.625 49,500.00 N
322-02 800722787 05/01/00 10.375 34,900.00 Y
322-02 800726598 05/01/00 9.375 118,000.00 Y
322-02 800728339 04/01/00 9.500 32,000.00 N
322-02 800729030 05/01/00 11.500 185,500.00 Y
322-02 800733057 05/01/00 10.375 90,500.00 Y
322-02 800733966 05/01/00 9.000 130,000.00 Y
322-02 800735334 04/01/00 8.625 168,206.00 Y
322-02 800737504 05/01/00 11.875 56,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 18 7/9/98
A division of Superior Bank FSB
SALE SCHEDULE B -- CLASS II
1998-2 CLASS 2 -- INITIAL POOL OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
322-02 800739591 LOVEJOY JUNG-HEE 222,400.00 8 2,309.05 222,400.00 80.0
322-02 800740763 DAWSON CHRISTOPHE N 82,500.00 7 816.99 82,500.00 80.4
322-02 800744153 LAYDEN ROSE 120,000.00 1 1,030.99 120,000.00 75.0
322-02 800744930 YELVERTON RODNEY L 67,500.00 7 679.58 67,418.08 90.0
322-02 800746638 OROURKE JOSEPH 48,125.00 2 449.24 48,106.88 70.0
322-02 800748527 MENTONE DEAN F 79,800.00 2 744.92 79,769.95 70.0
322-02 800748642 DRASLER TIMOTHY F 207,900.00 8 1,805.30 207,900.00 90.0
322-02 800749053 BONSALL NICKOLE 155,700.00 1 1,352.02 155,700.00 90.0
322-02 800754178 POSSINGER GARY 65,000.00 8 528.86 64,965.41 75.5
322-02 800757338 SHUMETTE PATRICK 103,500.00 1 879.74 103,500.00 90.0
322-02 800757346 DOWNING CHERYL LORRAIN 66,600.00 7 681.78 66,600.00 90.0
322-02 800760761 WOODSON JUDITH FARISH 89,600.00 7 737.12 89,600.00 80.0
322-02 800760779 SERRANO LUIS A 146,400.00 8 1,519.99 146,400.00 80.0
322-02 800764359 MARTINEZ RAUL 97,750.00 7 992.39 97,750.00 85.0
322-02 800765216 KLIMOK PAVEL 111,160.00 8 844.90 111,090.90 80.0
322-02 800766859 MEDINA FRANCISCO JR 123,500.00 8 1,027.21 123,437.63 89.4
322-02 800766875 FRASER KATHERINE L 107,950.00 8 947.34 107,950.00 85.0
322-02 800768905 PETERSON DERRICK 41,650.00 2 327.66 41,626.04 85.0
322-02 800773301 CODY KAREN Y 136,520.00 8 1,313.02 136,472.63 85.0
322-02 800782617 LAUGHLIN PHILIP C 92,650.00 7 787.51 92,650.00 85.0
322-02 800783128 ORBIN SHIRLEY A 75,000.00 7 700.11 75,000.00 75.0
322-02 800784829 CAMPAGNA MARIA LUCIA 217,425.00 2 2,173.90 217,425.00 75.0
322-02 800787020 PALACIO BRIAN S. 110,500.00 8 909.06 110,500.00 65.0
322-02 800791410 ABRENICA JAIME 192,000.00 8 1,562.17 192,000.00 73.0
322-02 800794356 MUNCY JOE P 164,008.00 8 1,515.60 163,944.56 89.7
322-02 800794372 FARMER DARYL LAMAR 91,000.00 7 832.41 91,000.00 83.8
322-02 800796351 MAAS HOLLY DEE 123,300.00 8 851.60 123,300.00 90.0
322-02 800801524 ALLEN RAY A 108,900.00 7 866.46 108,900.00 90.0
322-02 800801557 DUFFY CHARLES A 104,000.00 7 931.94 104,000.00 80.0
322-02 800801664 SHULL GREG 54,400.00 3 543.91 54,400.00 85.0
322-02 800801771 COFFIN JEFF S 130,500.00 7 1,038.32 130,500.00 90.0
322-02 800802589 BAGGETT ALLAN D 109,800.00 7 873.62 109,800.00 90.0
322-02 800803256 POLANCHEK JOHN C 95,250.00 7 835.89 95,250.00 75.0
322-02 800803264 SIMON MICHAEL 57,800.00 7 534.06 57,800.00 85.0
322-02 800804825 COOK CLIFFORD RAYMOND 44,100.00 7 421.93 44,100.00 90.0
322-02 800805319 TYLER WILLIAM E 105,825.00 7 968.02 105,825.00 85.0
322-02 800807398 WELLS JEFFERY L 172,500.00 2 1,642.76 172,500.00 84.9
322-02 800809394 WOOD BRYANT GLEN 47,175.00 7 503.09 47,175.00 85.0
322-02 800810913 CARRASQUILLO MONTES 48,800.00 2 419.27 48,800.00 80.0
322-02 800813396 CROWLEY LEO THOMAS III 105,400.00 8 993.81 105,400.00 85.0
322-02 800817629 DERENDAL JOHN J 103,920.00 8 1,029.12 103,886.79 80.0
322-02 800817926 BROWN LOUISE E 73,500.00 7 571.68 73,500.00 76.5
322-02 800820839 JORDAN GLENNIS W. 72,400.00 7 741.16 72,400.00 89.9
322-02 800823601 JACKSON KENNETH C 45,000.00 6 529.27 45,000.00 60.0
322-02 800826562 CHEN KWO-HWO 76,500.00 8 728.53 76,500.00 85.0
322-02 800830580 CURVEY CHARLES A SR 51,000.00 2 330.79 51,000.00 85.0
322-02 800837080 BENNER BARBARA L 96,900.00 2 841.43 96,900.00 84.9
322-02 800856221 SHERRICK CHARLES H 95,000.00 7 886.81 95,000.00 84.9
322-02 800859654 LUNA ROBERT 46,125.00 2 470.01 46,125.00 75.0
------------------------------------------------- -------------------------------------
Sale Total 57,724,957.00 519,892.04 57,694,983.25 80.0
583 Grand Total Class II 124,079,937.00 124,023,590.83 79.9
<CAPTION>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
322-02 800739591 05/01/00 12.125 278,000.00 Y
322-02 800740763 06/01/00 11.500 102,500.00 Y
322-02 800744153 05/01/00 9.750 160,000.00 Y
322-02 800744930 05/01/00 10.625 75,000.00 Y
322-02 800746638 04/01/00 10.750 68,750.00 N
322-02 800748527 10/01/98 10.750 114,000.00 Y
322-02 800748642 05/01/00 9.875 231,000.00 Y
322-02 800749053 05/01/00 9.875 173,000.00 Y
322-02 800754178 05/01/00 9.125 86,000.00 Y
322-02 800757338 05/01/00 9.625 115,000.00 Y
322-02 800757346 06/01/00 10.875 74,000.00 Y
322-02 800760761 05/01/00 9.250 112,000.00 Y
322-02 800760779 05/01/00 12.125 183,000.00 Y
322-02 800764359 05/01/00 10.750 115,000.00 Y
322-02 800765216 05/01/00 8.375 138,950.00 Y
322-02 800766859 05/01/00 9.375 138,000.00 Y
322-02 800766875 06/01/00 10.000 127,000.00 Y
322-02 800768905 05/01/00 8.750 49,000.00 Y
322-02 800773301 05/01/00 11.125 160,612.00 Y
322-02 800782617 06/01/00 9.625 109,000.00 Y
322-02 800783128 05/01/00 10.750 100,000.00 Y
322-02 800784829 06/01/00 11.625 289,900.00 Y
322-02 800787020 06/01/00 9.250 170,000.00 Y
322-02 800791410 05/01/00 9.125 263,000.00 N
322-02 800794356 05/01/00 10.625 182,760.00 Y
322-02 800794372 06/01/00 10.500 108,500.00 Y
322-02 800796351 05/01/00 7.375 137,000.00 Y
322-02 800801524 06/01/00 8.875 121,000.00 Y
322-02 800801557 06/01/00 10.250 130,000.00 Y
322-02 800801664 06/01/00 11.625 64,000.00 Y
322-02 800801771 06/01/00 8.875 145,000.00 Y
322-02 800802589 06/01/00 8.875 122,000.00 Y
322-02 800803256 06/01/00 10.000 127,000.00 Y
322-02 800803264 06/01/00 9.375 68,000.00 Y
322-02 800804825 06/01/00 9.875 49,000.00 Y
322-02 800805319 06/01/00 10.500 124,500.00 Y
322-02 800807398 05/01/00 11.000 203,000.00 Y
322-02 800809394 06/01/00 11.500 55,500.00 Y
322-02 800810913 06/01/00 9.750 61,000.00 Y
322-02 800813396 05/01/00 10.875 124,000.00 Y
322-02 800817629 11/01/98 11.500 129,900.00 Y
322-02 800817926 06/01/00 8.625 96,000.00 Y
322-02 800820839 06/01/00 10.875 80,500.00 Y
322-02 800823601 05/01/00 11.625 75,000.00 Y
322-02 800826562 05/01/00 11.000 90,000.00 Y
322-02 800830580 06/01/00 6.750 60,000.00 Y
322-02 800837080 06/01/00 9.875 114,020.00 Y
322-02 800856221 06/01/00 10.750 111,800.00 Y
322-02 800859654 06/01/00 11.875 61,500.00 N
-------------------------------
10.264 73,729,018.00
10.244 158,675,690.00
</TABLE>
<PAGE>
EXHIBIT I
REQUEST FOR RELEASE OF DOCUMENTS
_____________, 19__
To: [Trustee]
[Custodian]
Re: Pooling and Servicing Agreement, dated as of June 1, 1998
(the "Pooling and Servicing Agreement"), among Superior Bank
FSB, as Depositor and Servicer, and LaSalle National Bank,
as Trustee relating to AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2
------------------------------------------------------------
In connection with the administration of the pool of Mortgage Loans held by
you as Trustee or by the Custodian as your agent for the benefit of
Certificateholders pursuant to the Pooling and Servicing Agreement, we request
the release, and acknowledge receipt, of the (Trustee's Mortgage File/[specify
document]) for the Mortgage Loan described below, for the reason indicated.
Mortgagor's Name, Address & Zip Code:
Mortgage Loan Number:
Reason for Requesting Documents (check one)
____ 1. Mortgage Loan Paid in Full
(Servicer hereby certifies that all amounts received
in connection therewith have been credited to the
Principal and Interest Account with respect to each
Group and remitted to the Trustee for deposit into
the related Certificate Account pursuant to the
Pooling and Servicing Agreement.)
____ 2. Mortgage Loan Liquidated
(Servicer hereby certifies that all proceeds of
foreclosure, insurance or other liquidation have been
finally received and credited to the Principal and
Interest Account and remitted to the Trustee for
deposit into the related Certificate Account pursuant
to the Pooling and Servicing Agreement.)
____ 3. Mortgage Loan in Foreclosure
____ 4. Mortgage Loan repurchased pursuant to Section 11.01 of the Pooling and
Servicing Agreement.
-2-
<PAGE>
____ 5. Mortgage Loan repurchased or substituted pursuant to Article II or III
of the Pooling and Servicing Agreement (Servicer hereby certifies that
the repurchase price or Substitution Adjustment has been credited to
the related Principal and Interest Account and remitted to the Trustee
for deposit into the Certificate Account pursuant to the Pooling and
Servicing Agreement.)
____ 6. Other (explain) _________________________________
_________________________________________________
If box l or 2 above is checked, and if all or part of the Trustee's
Mortgage File was previously released to us, please release to us our previous
receipt on file with you, as well as any additional documents in your possession
relating to the above specified Mortgage Loan.
If box 3, 4, 5 or 6 above is checked, upon our return of all of the above
documents to you as Trustee, please acknowledge your receipt by signing in the
space indicated below, and returning this form.
Capitalized words and phrases used herein shall have the respective
meanings assigned to them in the Pooling and Servicing Agreement.
_________________________________
By:______________________________
Name:____________________________
Title:___________________________
Documents returned to Trustee or Custodian:
__________________________________
[Trustee][Custodian]
By:_______________________________
Date:_____________________________
-3-
<PAGE>
EXHIBIT J
TRANSFER AFFIDAVIT
STATE OF )
) ss.:
COUNTY OF )
The undersigned, being first duly sworn, deposes and says as follows:
1. The undersigned is an officer of ________, the proposed transferee (the
"Transferee") of a Percentage Interest in a Class R Certificate (the
"Certificate") issued pursuant to the Pooling and Servicing Agreement, dated as
of June 1, 1998 (the "Agreement"), among Superior Bank FSB, as depositor (the
"Depositor"), and as servicer (the "Servicer"), and LaSalle National Bank, as
trustee (the "Trustee"). Capitalized terms used, but not defined herein shall
have the meanings ascribed to such terms in the Agreement. The Transferee has
authorized the undersigned to make this affidavit on behalf of the Transferee.
2. The Transferee is, as of the date hereof, and will be, as of the date of
the transfer, a Permitted Transferee. The Transferee is acquiring its Percentage
Interest in the Certifi cate either (i) for its own account or (ii) as nominee,
trustee or agent for another Person and has attached hereto an affidavit from
such Person in substantially the same form as this affidavit. The Transferee has
no knowledge that any such affidavit is false.
3. The Transferee has been advised of, and understands that (i) a tax will
be imposed on transfers of the Certificate to Persons that are not Permitted
Transferees; (ii) such tax will be imposed on the transferor, or, if such
transfer is through an agent (which includes a broker, nominee or middleman) for
a Person that is not a Permitted Transferee, on the agent; and (iii) the Person
otherwise liable for the tax shall be relieved of liability for the tax if the
subsequent Transferee furnished to such Person an affidavit that such subsequent
Transferee is a Permitted Transferee and, at the time of transfer, such Person
does not have actual knowledge that the affidavit is false.
4. The Transferee has been advised of, and understands that, a tax will be
imposed on a "pass-through entity" holding the Certificate if at any time during
the taxable year of the pass through entity a Person that is not a Permitted
Transferee is the record holder of an interest in such entity. The Transferee
understands that such tax will not be imposed for any period with respect to
which the record holder furnishes to the pass-through entity an affidavit that
such record holder is a Permitted Transferee and the pass-through entity does
not have actual knowledge that such affidavit is false. (For this purpose, a
"pass-through entity" includes a regulated investment company, a real estate
investment trust or common trust fund, a partnership trust or estate, and
certain cooperatives and, except as may be provided in Treasury Regulations,
persons holding interests in pass-through entities as a nominee for another
Person.)
5. The Transferee has reviewed the provisions of Section 4.02 of the
Agreement (incorporated herein by reference) and understands the legal
consequences of the acquisition of
<PAGE>
a Percentage Interest in the Certificate including, without limitation, the
restrictions on subsequent transfers and the provisions regarding voiding the
transfer and mandatory sales. The Transferee expressly agrees to be bound by and
to abide by the provisions of Section 4.02 of the Agreement and the restrictions
noted on the face of the Certificate. The Transferee understands and agrees that
any breach of any of the representations included herein shall render the
transfer to the Transferee contemplated hereby null and void.
6. The Transferee agrees to require a Transfer Affidavit from any Person to
whom the Transferee attempts to transfer its Percentage Interest in the
Certificate, and in connection with any transfer by a Person for whom the
Transferee is acting as nominee, trustee or agent, and the Transferee will not
transfer its Percentage Interest or cause any Percentage Interest to be
transferred to any Person that the Transferee knows is not a Permitted
Transferee or if any purpose of such proposed transfer is to impede the
assessment or collection of tax. In connection with any such transfer by the
Transferee, the Transferee agrees to deliver to the Trustee a certificate (a
"Transfer Certificate") to the effect that such Transferee has no actual
knowledge that the Person to which the transfer is to be made is not a Permitted
Transferee.
7. The Transferee's taxpayer identification number is ______________.
8. No purpose of the Transferee relating to its purchase of a Percentage
Interest in the Certificate by the Transferee is or will be to impede the
assessment or collection of any tax.
9. The Transferee has no present knowledge or expectation that it will be
unable to pay any United States taxes owed by it so long as the Certificate
remains outstanding.
10. The Transferee has no present knowledge or expectation that it will
become insolvent or subject to a bankruptcy proceeding for so long as any of the
Certificates remain outstanding. In this regard, the Transferee hereby
represents to and for the benefit of the person from whom it acquired the Class
R Certificates that the Transferee intends to pay taxes associated with holding
such Class R Certificates as they become due, fully understanding that it may
incur tax liabilities in excess of any cash flows generated by the Class R
Certificates.
11. No purpose of the Transferee relating to any sale of any Percentage
Interest in the Certificate by the Transferee will be to impede the assessment
or collection of tax.
12. The Transferee is not a Non-United States Person.
-2-
<PAGE>
IN WITNESS WHEREOF, the Transferee has caused this instrument to be
executed on its behalf, pursuant to authority of its Board of Directors, by its
duly authorized officer and its corporate seal to be hereunto affixed, duly
attested, this day of , 19
[NAME OF TRANSFEREE]
By:_________________________
Name:_______________________
Title:______________________
[Corporate Seal]
ATTEST:
______________________________
[Officer of Transferee]
-3-
<PAGE>
STATE OF )
) ss.:
COUNTY OF )
Personally appeared before me the above-named _______________, known or
proved to me to be the same person who executed the foregoing instrument and to
be the __________ of the Transferee, and acknowledged that he executed the same
as his free act and deed and the free act and deed of the Transferee.
Subscribed and sworn before me this ____ day of _____________, 19__.
__________________________________________________
NOTARY PUBLIC
My Commission expires the ___ day of _______, 19__
<PAGE>
EXHIBIT J-1
FORM OF TRANSFER CERTIFICATE
___________, 19__
[Trustee]
Attention: Corporate Trust
Re: AFC Mortgage Loan Asset Backed Certificates,
Series 1998-2
--------------------------------------------
Dear Sirs:
This letter is delivered to you in connection with the transfer by (the
"Transferor") to (the "Transferee") of __% Percentage Interest in the AFC
Mortgage Loan Asset Backed Certificates, Series 1998-2, Class R (the
"Certificate"), pursuant to Section 4.02 of the Pooling and Servicing Agreement
(the "Pooling and Servicing Agreement"), dated as of June 1, 1998, between
Superior Bank FSB, as depositor and servicer, and LaSalle National Bank, as
trustee. All terms used herein and not otherwise defined shall have the meanings
set forth in the Pooling and Servicing Agreement. The Transferor hereby
certifies, represents and warrants to, and covenants with, the Trustee that:
1. No purpose of the Transferor relating to the transfer of the Certificate
by the Transferor to the Transferee is or will be to impede the assessment or
collection of any tax.
2. The Transferor understands that the Transferee has delivered to the
Trustee a Transfer Affidavit in the form attached to the Pooling and Servicing
Agreement as Exhibit J. The Transferor does not know or believe that any
representation contained therein is false.
3. The Transferor has at the time of the transfer conducted a reasonable
investigation of the financial condition of the Transferee as contemplated by
Treasury Regulations Section 1.860E-1(c)(4)(i) and, as a result of that
investigation, the Transferor has determined that the Transferee has
historically paid its debts as they become due and has found no significant
evidence to indicate that the Transferee will not continue to pay its debts as
they become due in the future. The Transferor understands that the transfer of
the Certificates may not be respected for United States income tax purposes (and
the Transferor may continue to be liable for United States income taxes
associated therewith) unless the Transferor has conducted such an investigation.
-1-
<PAGE>
4. The Transferor has no actual knowledge that the proposed Transferee is
not a Permitted Transferee or a Non-United States Person.
Very truly yours,
________________________________
(Transferor)
By:_____________________________
Name:___________________________
Title:__________________________
-2-
<PAGE>
EXHIBIT K
SPECIAL POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, __________________________, of
____________________ (the "Depositor"), do hereby constitute and appoint LaSalle
National Bank, as the true and lawful attorney, for the Depositor and in its
name, place and stead, to record the assignments of mortgage with respect to the
Mortgage Loans transferred to LaSalle National Bank, as trustee (the "Trustee"),
under that Pooling and Servicing Agreement dated as of June 1, 1998 by and among
the Depositor, the Trustee and the Servicer, and to do and perform all other
things and acts relating to such assignments of mortgage as may be necessary to
effectuate the transfer of such Mortgage Loans to the Trustee, including the
execution and delivery of new assignments of mortgage where necessary to comply
with applicable real estate recording laws at the time of recordation.
This power of attorney is irrevocable and is coupled with an interest in
the Mortgage Loans, and it may at all times be relied upon by any person, firm
or corporation dealing with the attorney named herein as remaining in full force
and effect, and such person, firm or corporation shall have no liability to the
Depositor with respect thereto.
WITNESS the following signature this ___ day of __________, 199_.
_________________________________
By:
Name:
Title:
STATE OF ________________ COUNTY OF ______________, to wit:
I, ___________________, a Notary Public in and for the jurisdiction
aforesaid, do hereby certify that ______________________, who acknowledged
himself to be the _______________ of _____________________, a ______________
corporation, personally appeared before me in the jurisdiction aforesaid and
that he as such __________________ executed the foregoing instrument on behalf
of said corporation for the purposes therein contained.
Witness my hand and official seal to this ____ day of ___________, 199_.
_______________________ (SEAL)
Notary Public
My Commission Expires:
<PAGE>
EXHIBIT L
CUSTODIAL AGREEMENT
Dated ____________, 199_
______________________________, a ____________________, as Trustee (the
"Trustee") and _________________________________, a
______________________________ ("_________________"), agree as follows:
WHEREAS, concurrently herewith, the Trustee, Superior Bank FSB (the
"Depositor") and Superior Bank FSB (the "Servicer) are entering into a Pooling
and Servicing Agreement, dated as of June 1, 1998, relating to AFC Mortgage Loan
Asset Backed Certificates, Series 1998-2 (the "Pooling Agreement", the terms
defined therein being used herein with the same meaning) pursuant to which the
Depositor shall transfer, assign, set-over and otherwise convey to the Trustee,
without recourse, all of the Depositor's right, title and interest in and to the
mortgage loans consisting of Group 1 and Group 2 identified in Exhibits H-1 and
H-2 to the Pooling Agreement (the "Mortgage Loans"), other than as to the
Depositor's Yield; and
WHEREAS, in connection with such transfer and assignment and pursuant to
the Pooling Agreement, the Trustee shall hold, directly or pursuant to a
custodial agreement, the Trustee's Mortgage Files;
WITNESSETH THAT, in consideration of the premises and of the mutual
agreements herein contained, _________________ and the Trustee agree as follows:
1. Appointment as Custodian; Acknowledgment of Receipt. Subject to the
terms and conditions herein, the Trustee hereby appoints ________________, and
______________ hereby accepts such appointment, as its Custodian to maintain
custody of the Trustee's Mortgage Files. __________________ hereby acknowledges
receipt of the Mortgage Notes, the Mortgages, the assignments and other
documents relating to the Mortgage Loans referred to in Section 2.04, except for
the items referred to in Section 2.04(f), of the Pooling Agreement. The Trustee
shall be liable for all of _______________________ fees under this Agreement.
2. Maintenance of Office. __________________ agrees to maintain each
Trustee's Mortgage File identified in Section 2.04 of the Pooling Agreement,
which is incorporated herein by reference, at the office of ___________________
located at _______________________________________________ or at such other
office of _________________ in ____________________ as ________________ shall
designate from time to time after giving the Trustee 30 days' prior written
notice.
3. Duties of Custodian. As Custodian, _____________ shall have and perform
the following powers and duties:
-1-
<PAGE>
(a) Safekeeping. To segregate the Trustee's Mortgage Files from all
other mortgages and mortgage notes and similar records in its possession,
to identify the Trustee's Mortgage Files as being held and to hold the
Trustee's Mortgage Files for and on behalf of the Trustee for the benefit
of all present and future Certificateholders, to maintain accurate records
pertaining to each Mortgage Note and Mortgage in the Trustee's Mortgage
Files as will enable the Trustee to comply with the terms and conditions of
the Pooling Agreement, to maintain at all times a current inventory thereof
and to conduct periodic physical inspections of the Trustee's Mortgage
Files held by it under this Agreement in such a manner as shall enable the
Trustee and _________________ to verify the accuracy of such
record-keeping, inventory and physical possession. _________________ will
promptly report to the Trustee any failure on its part to hold the
Trustee's Mortgage Files as herein provided and promptly take appropriate
action to remedy any such failure.
(b) Release of Documents. To release any Mortgage Note and Mortgage in
the Trustee's Mortgage Files as provided in the Pooling Agreement.
(c) Administration; Reports. In general, to attend to all
non-discretionary details in connection with maintaining custody of the
Trustee's Mortgage Files on behalf of the Trustee. In addition,
________________ shall assist the Trustee generally in the preparation of
reports to Certificateholders or to regulatory bodies to the extent
necessitated by ________________ custody of the Trustee's Mortgage Files.
4. Access to Records. __________________ shall permit the Trustee or its
duly authorized depositors, attorneys or auditors and those persons permitted
access pursuant to Section 5.13 of the Pooling Agreement to inspect the
Trustee's Mortgage Files and the books and records maintained by
__________________ pursuant hereto at such times as they may reasonably request,
subject only to compliance with the terms of the Pooling Agreement.
5. Instructions; Authority to Act. ______________ shall be deemed to have
received proper instructions with respect to the Trustee's Mortgage Files upon
its receipt of written instructions signed by a Responsible Officer of the
Trustee. A certified copy of a resolution of the Board of Directors of the
Trustee may be accepted by _______________ as conclusive evidence of the
authority of any such officer to act and may be considered as in full force and
effect until receipt of written notice to the contrary by ______________ from
the Trustee. Such instructions may be general or specific in terms.
6. Indemnification by . _________________ agrees to indemnify the Trustee
for any and all liabilities, obligations, losses, damages, payments, costs or
expenses, including attorneys fees, of any kind whatsoever which may be imposed
on, incurred by or asserted against the Trustee as the result of any act or
omission in any way relating to the maintenance and custody by
___________________ of the Trustee's Mortgage Files; provided,
-2-
<PAGE>
however, that ___________________ shall not be liable for any portion of any
such amount resulting from the gross negligence or wilful misconduct of the
Trustee.
7. Advice of Counsel. __________________ and the Trustee further agree that
____________________ shall be entitled to rely and act upon the advice of
counsel with respect to its performance hereunder as Custodian and shall be
without liability for any action reasonably taken pursuant to such advice,
provided that such action is not in violation of applicable Federal or State
law. This paragraph shall not negate _______________ obligations under paragraph
6 above.
8. Effective Period, Termination and Amendment, and Interpretive and
Additional Provisions. This Agreement shall become effective as of the date
hereof and shall continue in full force and effect until terminated as
hereinafter provided, and may be amended at any time by mutual agreement of the
parties hereto. This Agreement may be terminated by either party in a writing
delivered or mailed, postage prepaid, to the other party, such termination to
take effect no sooner than sixty (60) days after the date of such delivery or
mailing. Concurrently with, or as soon as practicable after, the termination of
this Agreement, _________________ shall redeliver the Trustee's Mortgage Files
to the Trustee at such place as the Trustee may reasonably designate. In
connection with the administration of this Agreement, ________________ and the
Trustee may agree from time to time upon the interpretation of the provisions of
this Agreement as may in their opinion by consistent with the general tenor and
purposes of this Agreement, any such interpretation to be signed and annexed
hereto.
9. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of New York.
10. Notices. Notices and other writings shall be delivered or mailed,
postage prepaid, to the Trustee at, or to_______________________________________
at, ____________________________________, Attention: ______________________; or
to such other address as the Trustee or ________________ may hereafter specify
in writing. Notices or other writings shall be effective only upon actual
receipt by the parties.
11. Binding Effect. This Agreement shall be binding upon and shall inure to
the benefit of the Trustee and ____________________ and their respective
successors and assigns. Concurrently with the appointment of a successor trustee
as provided in Section 12.08 of the Pooling Agreement, the Trustee and
___________________ shall amend this Agreement to make said successor trustee
the successor to the Trustee hereunder.
12. Counterparts. This Agreement 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 agreement.
-3-
<PAGE>
IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to
be executed in its name and on its behalf by a duly authorized officer as of the
day and year first above written.
LASALLE NATIONAL BANK,
as Trustee under the Pooling
Agreement referred to above
By:______________________________
_________________________________,
as Custodian
By:______________________________
<PAGE>
EXHIBIT M
FORM OF LIQUIDATION REPORT
Customer Name:
Account Number:
Original Principal Balance:
1. Liquidation Proceeds
Principal Prepayment $__________
Property Sale Proceeds __________
Insurance Proceeds __________
Other (Itemize) __________
Total Proceeds $________
2. Servicing Advances $__________
Monthly Advances __________
Servicing Fees __________
Annual Trustee Expense Amount __________
Total Advances $________
3. Net Liquidation Proceeds $________
(Line 1 minus Line 2)
4. Principal Balance of the Mortgage
Loan on date of liquidation $________
5. Realized Loss, if any $________
(Line 4 minus Line 3)
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT N
FORM OF DELINQUENCY REPORT
DELINQUENCY AND FORECLOSURE INFORMATION
REO FORECLOSURES
-----------------------------------------------
OUTSTANDING # # OF # OF OUTSTANDING # OF OUTSTANDING
INVESTOR DOLLARS ACCT RANGES AMOUNT ACCTS. PCT ACCTS. DOLLARS % ACCTS DOLLARS
- ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
%
- --------
REMIC
199_-__ 30 TO 59 DAYS
60 TO 89 DAYS
90 AND OVER
TOTALS
</TABLE>
<PAGE>
EXHIBIT O
CERTIFICATE INSURANCE POLICY
<PAGE>
Financial Guaranty Insurance Company
115 Broadway
New York, New York 10006
(212) 312-3000
(800) 352-0001
SURETY BOND
Issuer: AFC Mortgage Loan Policy Number: 98010477
Trust 1998-2 Control Number: 0010001
Insured Obligations:
$465,000,000.00 in principal amount
of AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2, Class 1A
& 2A Certificates (the "Certificates")
Trustee: LaSalle National Bank, as Trustee
Financial Guaranty Insurance Company ("Financial Guaranty"), a New York stock
insurance company, in consideration of its receipt of the Deposit Premium and
subject to the terms of this Surety Bond, hereby unconditionally and irrevocably
agrees to pay each Insured Payment to the Trustee named above or its successor,
as trustee for the Holders of the Certificates, to the extent set forth in the
Pooling and Servicing Agreement (as defined below).
Financial Guaranty will make an Insured Payment (other than that portion of an
Insured Payment constituting a Preference Amount) out of its own funds by 2:00
p.m. (New York City Time) in immediately available funds to the Trustee on the
later of (i) the Business Day next following the day on which Financial Guaranty
shall have received Notice that an Insured Payment is due and (ii) the
Remittance Date on which the Insured Payment is distributable to
Certificateholders pursuant to the Pooling and Servicing Agreement, for
disbursement to such Certificateholders in the same manner as other payments
with respect to the Certificates are required to be made. Any Notice received by
Financial Guaranty after 2:00 p.m. New York City time on a given Business Day or
on any day that is not a Business Day shall be deemed to have been received by
Financial Guaranty on the next succeeding Business Day.
Upon such payment, Financial Guaranty shall be fully subrogated to the rights of
the Certificateholders to receive the amount so paid. Financial Guaranty's
obligations hereunder with respect to each Remittance Date shall be discharged
to the extent funds consisting of the Insured Payment are received by the
Trustee on behalf of the
form 9109
Page 1 of 4
<PAGE>
Financial Guaranty Insurance Company
115 Broadway
New York, New York 10006
(212) 312-3000
(800) 352-0001
SURETY BOND
Certificateholders for distribution to such Certificateholders, as provided in
the Pooling and Servicing Agreement and herein, whether or not such funds are
properly applied by the Trustee.
If the payment of any portion or all of any amount that is insured hereunder is
voided pursuant to a final order of a court exercising proper jurisdiction in an
insolvency proceeding to the effect that the Trustee or the Certificateholder,
as the case may be, is required to return any such payment or portion thereof
prior to the expiration date of this Surety Bond because such payment was voided
under the U. S. Bankruptcy Code, with respect to which order the appeal period
has expired without an appeal having been filed (a "Final Order"), and, as a
result, the Trustee or any Certificateholder is required to return such voided
payment, or any portion of such voided payment made in respect of the
Certificates (a "Preference Amount"), Financial Guaranty will pay on the
guarantee described in the first paragraph hereof, an amount equal to each such
Preference Amount, on the second Business Day following receipt by Financial
Guaranty of (x) a certified copy of the Final Order, (y) an assignment, in form
reasonably satisfactory to Financial Guaranty, irrevocably assigning to
Financial Guaranty all rights and claims of the Trustee and/or such
Certificateholder relating to or arising under such Preference Amount and
appointing Financial Guaranty as the agent of the Trustee and/or such
Certificateholder in respect of such Preference Amount, and (z) a Notice
appropriately completed and executed by the Trustee or such Certificateholder,
as the case may be. Such payment shall be made to the receiver, conservator,
debtor-in-possession or trustee in bankruptcy named in the Final Order and not
to the Trustee or Certificateholder directly (unless a Certificateholder has
previously paid such amount to such receiver, conservator, debtor-in-possession
or trustee named in such Final Order in which case payment shall be made to the
Trustee for distribution to the Certificateholder upon proof of such payment
reasonably satisfactory to Financial Guaranty). Notwithstanding the foregoing,
in no event shall Financial Guaranty be (i) required to make any payment under
this Surety Bond in respect of any Preference Amount to the extent such
Preference Amount is comprised of amounts previously paid by Financial Guaranty
hereunder, or (ii) obligated to make any payment in respect of any Preference
Amount, which payment represents a payment of the principal amount of the
Certificates, prior to the time Financial Guaranty otherwise would have been
required to make a payment in respect of such principal.
Financial Guaranty shall make payments due in respect of Preference Amounts
prior to 2:00 p.m. New York city time on the second Business Day following
Financial Guaranty's receipt of the documents required under clauses (x) through
(z) of the preceding paragraph. Any such documents received by Financial
Guaranty after 2:00
Form 9109
Page 2 of 4
<PAGE>
Financial Guaranty Insurance Company
115 Broadway
New York, New York 10006
(212) 312-3000
(800) 352-0001
SURETY BOND
p.m. New York City time on a given Business Day or on any day that is not a
Business Day shall be deemed to have been received by Financial Guaranty on the
next succeeding Business Day. All payments made by Financial Guaranty hereunder
in respect of Preference Amounts will be made with Financial Guaranty's own
funds.
This Surety Bond is non-cancelable for any reason, including nonpayment of any
premium. The premium on this Surety Bond is not refundable for any reason,
including the payment of the Certificates prior to their respective maturities.
This Surety Bond shall expire and terminate without any action on the part of
Financial Guaranty or any other Person on the date that is one year and one day
following the date on which the Certificates shall have been paid in full.
The Deposit Premium shall be due and payable on the date hereof, and a monthly
premium shall be due and payable as provided in the Pooling and Servicing
Agreement.
This Surety Bond is subject to and shall be governed by the laws of the State of
New York. The proper venue for any action or proceeding on this Surety Bond
shall be the County of New York, State of New York. The insurance provided by
this Surety Bond is not covered by the New York Property/Casualty Insurance
Security Fund (New York Insurance Code, Article 76).
Capitalized terms used and not defined herein shall have the respective meanings
set forth in the Pooling and Servicing Agreement. "Notice" means a written
notice in the form of Exhibit A to this Surety Bond by registered or certified
mail or telephonic or telegraphic notice, subsequently confirmed by written
notice delivered via telecopy, telex or hand delivery from the Trustee to
Financial Guaranty specifying the information set forth therein.
"Certificateholder" means, as to a particular Certificate, the person, other
than the Trust, the Servicer, any Subservicer or the Depositor who, on the
applicable Remittance Date is entitled under the terms of such Certificate to
payment thereof. "Pooling and Servicing Agreement" means the Pooling and
Servicing Agreement by and between Superior Bank FSB, as Depositor and Servicer,
and LaSalle National Bank, as Trustee, dated as of June 1, 1998.
In the event that payments under any Certificate are accelerated, nothing herein
contained shall obligate Financial Guaranty to make any payment of principal or
interest on such Certificates on an accelerated basis, unless such acceleration
of payment by Financial Guaranty is at the sole option of Financial Guaranty; it
being understood that a payment shortfall in respect of the Certificates by
reason of the purchase by the Servicer pursuant
Form 9109
Page 3 of 4
<PAGE>
Financial Guaranty Insurance Company
115 Broadway
New York, New York 10006
(212) 312-3000
(800) 352-0001
SURETY BOND
to Section 11.01 of the Pooling and Servicing Agreement does not constitute
acceleration for the purposes hereof.
IN WITNESS WHEREOF, Financial Guaranty has caused this Surety Bond to be affixed
with its corporate seal and to be signed by its duly authorized officer in
facsimile to become effective and binding upon Financial Guaranty by virtue of
the countersignature of its duly authorized representative.
President Authorized Representative
Effective Date: June 25, 1998
Form 9109
Page 4 of 4
<PAGE>
EXHIBIT A
NOTICE
To: Financial Guaranty Insurance Company
115 Broadway
New York, New York 10006
(212) 312-3000
Attention: General Counsel
Telephone: (212) 312-3000
Telecopier: (212) 312-3220
Re: AFC Mortgage Loan Trust 1998-2,
AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2
Policy No. 98010477
Determination Date: ___________________________
Remittance Date: ___________________________
We refer to that certain Pooling and Servicing Agreement dated as of June 1,
1998, by and between among Superior Bank FSB, as Depositor and Servicer, and
LaSalle National Bank, as Trustee (the "Agreement"), relating to the above
referenced Certificates. All capitalized terms not otherwise defined herein or
in the Surety Bond shall have the same respective meanings assigned to such
terms in the Pooling and Servicing Agreement.
(a) As of the Determination Date and based upon the Servicer's Certificate for
such Determination Date, the Trustee has determined under the Pooling and
Servicing Agreement that in respect of the Remittance Date set forth above:
(i) The Class A Interest Remittance Amount with respect to all related
Classes of Class A Certificates with respect to Group [1][2] due and owing is
$____________;
(ii) The Class A Principal Remittance Amount with respect to all related
Classes of Class A Certificates with respect to Group [1][2], exclusive of the
amount set forth in clause B (vi) of the definition thereof if not paid by the
Depositor, due and owing is $______________;
(iii) The Available Remittance Amount (minus the amount withdrawable from
the Group [1][2] Certificate Account to pay the Certificate Insurer pursuant to
Section 6.02(i) of the Agreement and as reduced by any portion thereof that has
been deposited in
<PAGE>
the Group [1][2] Certificate Account but may not be withdrawn therefrom pursuant
to an order of a United States bankruptcy court of competent jurisdiction
imposing a stay pursuant to Section 362 of the United States Bankruptcy Code) is
$_______________;
(iv) The lesser of (1) the sum of the (a) Excess Spread to be deposited
into the Group [1][2] Certificate Account pursuant to Section 5.04(i) of the
Agreement, (b) the Net Excess Spread from the other Group and (c) the Excess
Principal from the other Group and (2) the Subordinated Amount with respect to
the related Group, is $_______________;
(v) The aggregate amount of unreimbursed Insured Payments (including any
portion constituting Preference Amounts), together with the aggregate portion of
the items described in clauses (i) and (ii) above that represents interest
accrued in respect of Insured Payments in accordance with the definition of
Class A Carry-Forward Amount in the Agreement, is $_______________;
(vi) The additional portion of the Amount Available constituting Excess
Spread available to pay the Class A Interest Remittance Amount with respect to
all related Classes of Class A Certificates pursuant to Sections
6.06(c)(A)(Y)(i) with respect to Group 1 and Section 6.06(c)(B)(Y)(i) with
respect to Group 2 is $_______________.
(vii) The aggregate amount to be withdrawn from the Group [1][2]
Reserve Account and deposited into the Group [1][2] Certificate Account pursuant
to Section 6.14 of the Agreement is $_______________.
Please be advised that the amounts described in clauses (i) and (ii) above
collectively exceed the amounts described in clauses [prior to the Cross-Over
Date, (iii), (iv) (v)] [on or after the Cross-Over Date, clauses (iii), (v),
(vi)] and (vii) above by $_______________.
Accordingly, pursuant to the Pooling and Servicing Agreement, this statement
constitutes a notice for payment of an Insured Payment in the amount of
$_______________ under the Surety Bond.
[Attached hereto is a copy of the Final Order in connection with a Preference
Amount in the amount set forth therein, together with an assignment of rights
and appointment of agent.]
(b) No payment claimed hereunder is in excess of the amount payable under the
[Surety Bond].
The amount requested in this Notice should be paid to: [Payment
Instructions]
<PAGE>
Any person who knowingly and with intent to defraud any insurance company or
other person files an application for insurance or statement of claim containing
any materially false information or conceals for the purpose of misleading,
information concerning any fact material thereto, commits a fraudulent insurance
act, which is a crime, and shall also be subject to a civil penalty not to
exceed Five Thousand Dollars ($5,000.00) and the stated value of the claim for
each such violation.
IN WITNESS WHEREOF, the Trustee has executed and delivered this Notice this
_____ day of _______________________.
___________________________________,
as Trustee
By: _______________________________
Title: _____________________________
<PAGE>
EXHIBIT P
PRINCIPAL PAYMENT TABLES
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
268,958,543.98 203,252,508.94
1 Jun-1998 268,958,543.98 Jun-1998 203,252,508.94
2 Jul-1998 268,958,543.98 Jul-1998 203,252,508.94
3 Aug-1998 268,958,543.98 Aug-1998 203,252,508.94
4 Sep-1998 268,958,543.98 Sep-1998 203,252,508.94
5 Oct-1998 268,958,543.98 Oct-1998 203,252,508.94
6 Nov-1998 268,958,543.98 Nov-1998 203,252,508.94
7 Dec-1998 268,958,543.98 Dec-1998 203,252,508.94
8 Jan-1999 268,958,543.98 Jan-1999 203,252,508.94
9 Feb-1999 268,958,543.98 Feb-1999 203,252,508.94
10 Mar-1999 268,958,543.98 Mar-1999 203,252,508.94
11 Apr-1999 268,958,543.98 Apr-1999 203,252,508.94
12 May-1999 268,958,543.98 May-1999 203,252,508.94
13 Jun-1999 268,958,543.98 Jun-1999 203,252,508.94
14 Jul-1999 268,958,543.98 Jul-1999 203,252,508.94
15 Aug-1999 268,958,543.98 Aug-1999 203,252,508.94
16 Sep-1999 268,958,543.98 Sep-1999 203,252,508.94
17 Oct-1999 268,958,543.98 Oct-1999 203,252,508.94
18 Nov-1999 268,958,543.98 Nov-1999 203,252,508.94
19 Dec-1999 268,958,543.98 Dec-1999 203,252,508.94
20 Jan-2000 268,958,543.98 Jan-2000 203,252,508.94
21 Feb-2000 268,958,543.98 Feb-2000 203,252,508.94
22 Mar-2000 268,958,543.98 Mar-2000 203,252,508.94
23 Apr-2000 268,958,543.98 Apr-2000 203,252,508.94
24 May-2000 268,958,543.98 May-2000 203,252,508.94
25 Jun-2000 268,958,543.98 Jun-2000 203,252,508.94
26 Jul-2000 268,958,543.98 Jul-2000 203,252,508.94
27 Aug-2000 268,958,543.98 Aug-2000 203,252,508.94
28 Sep-2000 268,958,543.98 Sep-2000 203,252,508.94
29 Oct-2000 268,958,543.98 Oct-2000 203,252,508.94
30 Nov-2000 268,958,543.98 Nov-2000 203,252,508.94
31 Dec-2000 268,958,543.98 Dec-2000 203,252,508.94
32 Jan-2001 268,958,543.98 Jan-2001 203,252,508.94
33 Feb-2001 268,958,543.98 Feb-2001 203,252,508.94
34 Mar-2001 268,958,543.98 Mar-2001 203,252,508.94
Page 1
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
35 Apr-2001 268,958,543.98 Apr-2001 203,252,508.94
36 May-2001 268,958,543.98 May-2001 203,252,508.94
37 Jun-2001 268,958,543.98 Jun-2001 203,252,508.94
38 Jul-2001 268,958,543.98 Jul-2001 203,252,508.94
39 Aug-2001 268,958,543.98 Aug-2001 203,252,508.94
40 Sep-2001 268,958,543.98 Sep-2001 203,252,508.94
41 Oct-2001 268,958,543.98 Oct-2001 203,252,508.94
42 Nov-2001 268,958,543.98 Nov-2001 203,252,508.94
43 Dec-2001 268,958,543.98 Dec-2001 203,252,508.94
44 Jan-2002 268,958,543.98 Jan-2002 203,252,508.94
45 Feb-2002 268,958,543.98 Feb-2002 203,252,508.94
46 Mar-2002 268,958,543.98 Mar-2002 203,252,508.94
47 Apr-2002 268,958,543.98 Apr-2002 203,252,508.94
48 May-2002 268,958,543.98 May-2002 203,252,508.94
49 Jun-2002 268,958,543.98 Jun-2002 203,252,508.94
50 Jul-2002 268,958,543.98 Jul-2002 203,252,508.94
51 Aug-2002 268,958,543.98 Aug-2002 203,252,508.94
52 Sep-2002 268,958,543.98 Sep-2002 203,252,508.94
53 Oct-2002 268,958,543.98 Oct-2002 203,252,508.94
54 Nov-2002 268,958,543.98 Nov-2002 203,252,508.94
55 Dec-2002 268,958,543.98 Dec-2002 203,252,508.94
56 Jan-2003 268,958,543.98 Jan-2003 203,252,508.94
57 Feb-2003 268,958,543.98 Feb-2003 203,252,508.94
58 Mar-2003 268,958,543.98 Mar-2003 203,252,508.94
59 Apr-2003 268,958,543.98 Apr-2003 203,252,508.94
60 May-2003 268,958,543.98 May-2003 203,252,508.94
61 Jun-2003 250,963,978.85 Jun-2003 196,245,065.94
62 Jul-2003 250,581,315.67 Jul-2003 196,097,217.08
63 Aug-2003 250,195,278.66 Aug-2003 195,948,106.10
64 Sep-2003 249,805,838.10 Sep-2003 195,797,722.22
65 Oct-2003 249,412,963.95 Oct-2003 195,646,054.57
66 Nov-2003 249,016,625.96 Nov-2003 195,493,092.20
67 Dec-2003 248,616,793.58 Dec-2003 195,338,824.06
68 Jan-2004 248,213,436.01 Jan-2004 195,183,238.99
69 Feb-2004 247,806,522.16 Feb-2004 195,026,325.75
70 Mar-2004 247,396,020.67 Mar-2004 194,868,073.02
71 Apr-2004 246,981,899.93 Apr-2004 194,708,469.34
72 May-2004 246,564,128.00 May-2004 194,547,503.20
73 Jun-2004 246,142,672.72 Jun-2004 194,385,162.95
74 Jul-2004 245,717,501.59 Jul-2004 194,221,436.88
75 Aug-2004 245,288,581.86 Aug-2004 194,056,313.14
76 Sep-2004 244,855,880.48 Sep-2004 193,889,779.81
Page 2
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
77 Oct-2004 244,419,364.10 Oct-2004 193,721,824.85
78 Nov-2004 243,978,999.10 Nov-2004 193,552,436.13
79 Dec-2004 243,534,751.53 Dec-2004 193,381,601.42
80 Jan-2005 243,086,587.16 Jan-2005 193,209,308.35
81 Feb-2005 242,634,471.47 Feb-2005 193,035,544.49
82 Mar-2005 242,178,369.61 Mar-2005 192,860,297.29
83 Apr-2005 241,718,246.44 Apr-2005 192,683,554.07
84 May-2005 241,254,066.50 May-2005 192,505,302.07
85 Jun-2005 240,785,794.03 Jun-2005 192,325,528.40
86 Jul-2005 240,313,392.94 Jul-2005 192,144,220.08
87 Aug-2005 239,836,826.84 Aug-2005 191,961,364.01
88 Sep-2005 239,356,058.99 Sep-2005 191,776,946.97
89 Oct-2005 238,871,052.36 Oct-2005 191,590,955.64
90 Nov-2005 238,381,769.57 Nov-2005 191,403,376.58
91 Dec-2005 237,888,172.92 Dec-2005 191,214,196.24
92 Jan-2006 237,390,224.38 Jan-2006 191,023,400.94
93 Feb-2006 236,887,885.57 Feb-2006 190,830,976.90
94 Mar-2006 236,381,117.79 Mar-2006 190,636,910.22
95 Apr-2006 235,869,881.99 Apr-2006 190,441,186.87
96 May-2006 235,354,138.77 May-2006 190,243,792.71
97 Jun-2006 234,833,848.40 Jun-2006 190,044,713.49
98 Jul-2006 234,308,970.78 Jul-2006 189,843,934.80
99 Aug-2006 233,779,465.47 Aug-2006 189,641,442.15
100 Sep-2006 233,245,291.67 Sep-2006 189,437,220.91
101 Oct-2006 232,706,408.21 Oct-2006 189,231,256.31
102 Nov-2006 232,162,773.57 Nov-2006 189,023,533.48
103 Dec-2006 231,614,345.87 Dec-2006 188,814,037.41
104 Jan-2007 231,061,082.84 Jan-2007 188,602,752.95
105 Feb-2007 230,502,941.85 Feb-2007 188,389,664.85
106 Mar-2007 229,939,879.89 Mar-2007 188,174,757.71
107 Apr-2007 229,371,853.57 Apr-2007 187,958,015.99
108 May-2007 228,798,819.13 May-2007 187,739,424.04
109 Jun-2007 228,220,732.41 Jun-2007 187,518,966.05
110 Jul-2007 227,637,548.87 Jul-2007 187,296,626.12
111 Aug-2007 227,049,223.56 Aug-2007 187,072,388.15
112 Sep-2007 226,455,711.16 Sep-2007 186,846,235.97
113 Oct-2007 225,856,965.93 Oct-2007 186,618,153.21
114 Nov-2007 225,252,941.73 Nov-2007 186,388,123.41
115 Dec-2007 224,643,592.02 Dec-2007 186,156,129.94
116 Jan-2008 224,028,869.85 Jan-2008 185,922,156.04
117 Feb-2008 223,408,727.84 Feb-2008 185,686,184.80
118 Mar-2008 222,783,118.22 Mar-2008 185,448,199.17
Page 3
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
119 Apr-2008 222,151,992.77 Apr-2008 185,208,181.95
120 May-2008 221,515,302.87 May-2008 184,966,115.81
121 Jun-2008 220,872,999.45 Jun-2008 184,721,983.26
122 Jul-2008 220,225,033.02 Jul-2008 184,475,766.64
123 Aug-2008 219,571,353.65 Aug-2008 184,227,448.18
124 Sep-2008 218,911,910.97 Sep-2008 183,977,009.92
125 Oct-2008 218,246,654.16 Oct-2008 183,724,433.78
126 Nov-2008 217,575,531.97 Nov-2008 183,469,701.50
127 Dec-2008 216,898,492.68 Dec-2008 183,212,794.68
128 Jan-2009 216,215,484.12 Jan-2009 182,953,694.75
129 Feb-2009 215,526,453.67 Feb-2009 182,692,382.99
130 Mar-2009 214,831,348.22 Mar-2009 182,428,840.52
131 Apr-2009 214,130,114.21 Apr-2009 182,163,048.31
132 May-2009 213,422,697.62 May-2009 181,894,987.13
133 Jun-2009 212,709,043.92 Jun-2009 181,624,637.63
134 Jul-2009 211,989,098.13 Jul-2009 181,351,980.26
135 Aug-2009 211,262,804.78 Aug-2009 181,076,995.33
136 Sep-2009 210,530,107.89 Sep-2009 180,799,662.98
137 Oct-2009 209,790,951.02 Oct-2009 180,519,963.15
138 Nov-2009 209,045,277.19 Nov-2009 180,237,875.64
139 Dec-2009 208,293,028.96 Dec-2009 179,953,380.06
140 Jan-2010 207,534,148.35 Jan-2010 179,666,455.87
141 Feb-2010 206,768,576.90 Feb-2010 179,377,082.32
142 Mar-2010 205,996,255.61 Mar-2010 179,085,238.52
143 Apr-2010 205,217,124.96 Apr-2010 178,790,903.36
144 May-2010 204,431,124.93 May-2010 178,494,055.59
145 Jun-2010 203,638,194.94 Jun-2010 178,194,673.75
146 Jul-2010 202,838,273.90 Jul-2010 177,892,736.21
147 Aug-2010 202,031,300.16 Aug-2010 177,588,221.16
148 Sep-2010 201,217,211.54 Sep-2010 177,281,106.59
149 Oct-2010 200,395,945.32 Oct-2010 176,971,370.31
150 Nov-2010 199,567,438.21 Nov-2010 176,658,989.94
151 Dec-2010 198,731,626.37 Dec-2010 176,343,942.91
152 Jan-2011 197,888,445.39 Jan-2011 176,026,206.46
153 Feb-2011 197,037,830.30 Feb-2011 175,705,757.62
154 Mar-2011 196,179,715.56 Mar-2011 175,382,573.24
155 Apr-2011 195,314,035.04 Apr-2011 175,056,629.97
156 May-2011 194,440,722.03 May-2011 174,727,904.27
157 Jun-2011 193,559,709.25 Jun-2011 174,396,372.36
158 Jul-2011 192,670,928.81 Jul-2011 174,062,010.31
159 Aug-2011 191,774,312.21 Aug-2011 173,724,793.95
160 Sep-2011 190,869,790.37 Sep-2011 173,384,698.91
Page 4
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
161 Oct-2011 189,957,293.60 Oct-2011 173,041,700.62
162 Nov-2011 189,036,751.57 Nov-2011 172,695,774.30
163 Dec-2011 188,108,093.35 Dec-2011 172,346,894.95
164 Jan-2012 187,171,247.38 Jan-2012 171,995,037.36
165 Feb-2012 186,226,141.48 Feb-2012 171,640,176.11
166 Mar-2012 185,272,702.82 Mar-2012 171,282,285.56
167 Apr-2012 184,310,857.92 Apr-2012 170,921,339.84
168 May-2012 183,340,532.68 May-2012 170,557,312.89
169 Jun-2012 182,361,652.32 Jun-2012 170,190,178.38
170 Jul-2012 181,374,141.42 Jul-2012 169,819,909.80
171 Aug-2012 180,377,923.87 Aug-2012 169,446,480.40
172 Sep-2012 179,372,922.92 Sep-2012 169,069,863.18
173 Oct-2012 178,359,061.13 Oct-2012 168,690,030.94
174 Nov-2012 177,336,260.36 Nov-2012 168,306,956.22
175 Dec-2012 176,304,441.80 Dec-2012 167,920,611.36
176 Jan-2013 175,263,525.96 Jan-2013 167,530,968.44
177 Feb-2013 174,213,432.61 Feb-2013 167,137,999.29
178 Mar-2013 173,154,080.84 Mar-2013 166,741,675.53
179 Apr-2013 115,356,294.21 Apr-2013 166,341,968.52
180 May-2013 114,405,482.89 May-2013 165,938,849.38
181 Jun-2013 113,446,297.45 Jun-2013 165,532,288.97
182 Jul-2013 112,478,664.16 Jul-2013 165,122,257.93
183 Aug-2013 111,502,508.59 Aug-2013 164,708,726.63
184 Sep-2013 110,517,755.70 Sep-2013 164,291,665.18
185 Oct-2013 109,524,329.76 Oct-2013 163,871,043.45
186 Nov-2013 108,522,154.38 Nov-2013 163,446,831.05
187 Dec-2013 107,511,152.51 Dec-2013 163,018,997.33
188 Jan-2014 106,491,246.42 Jan-2014 162,587,511.37
189 Feb-2014 105,462,357.67 Feb-2014 162,152,341.99
190 Mar-2014 104,424,407.15 Mar-2014 161,713,457.75
191 Apr-2014 103,377,315.06 Apr-2014 161,270,826.94
192 May-2014 102,321,000.87 May-2014 160,824,417.57
193 Jun-2014 101,255,383.38 Jun-2014 160,374,197.40
194 Jul-2014 100,180,380.64 Jul-2014 159,920,133.88
195 Aug-2014 99,095,909.99 Aug-2014 159,462,194.21
196 Sep-2014 98,001,888.05 Sep-2014 159,000,345.30
197 Oct-2014 96,898,230.69 Oct-2014 158,534,553.78
198 Nov-2014 95,784,853.05 Nov-2014 158,064,785.99
199 Dec-2014 94,661,669.52 Dec-2014 157,591,007.99
200 Jan-2015 93,528,593.75 Jan-2015 157,113,185.54
201 Feb-2015 92,385,538.59 Feb-2015 156,631,284.12
202 Mar-2015 91,232,416.17 Mar-2015 156,145,268.91
Page 5
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
203 Apr-2015 90,069,137.82 Apr-2015 155,655,104.79
204 May-2015 88,895,614.08 May-2015 155,160,756.35
205 Jun-2015 87,711,754.73 Jun-2015 154,662,187.86
206 Jul-2015 86,517,468.74 Jul-2015 154,159,363.29
207 Aug-2015 85,312,664.27 Aug-2015 153,652,246.33
208 Sep-2015 84,097,248.69 Sep-2015 153,140,800.31
209 Oct-2015 82,871,128.53 Oct-2015 152,624,988.30
210 Nov-2015 81,634,209.53 Nov-2015 152,104,773.01
211 Dec-2015 80,386,396.57 Dec-2015 151,580,116.86
212 Jan-2016 79,127,593.71 Jan-2016 151,050,981.94
213 Feb-2016 77,857,704.15 Feb-2016 150,517,330.02
214 Mar-2016 76,576,630.25 Mar-2016 149,979,122.53
215 Apr-2016 75,284,273.50 Apr-2016 149,436,320.59
216 May-2016 73,980,534.54 May-2016 148,888,884.97
217 Jun-2016 72,665,313.11 Jun-2016 148,336,776.13
218 Jul-2016 71,338,508.09 Jul-2016 147,779,954.16
219 Aug-2016 70,000,017.45 Aug-2016 147,218,378.83
220 Sep-2016 68,649,738.29 Sep-2016 146,652,009.58
221 Oct-2016 67,287,566.76 Oct-2016 146,080,805.46
222 Nov-2016 65,913,398.13 Nov-2016 145,504,725.21
223 Dec-2016 64,527,126.75 Dec-2016 144,923,727.20
224 Jan-2017 63,128,646.01 Jan-2017 144,337,769.46
225 Feb-2017 61,717,848.38 Feb-2017 143,746,809.63
226 Mar-2017 60,294,625.39 Mar-2017 143,150,805.03
227 Apr-2017 58,858,867.60 Apr-2017 142,549,712.59
228 May-2017 57,410,464.61 May-2017 141,943,488.87
229 Jun-2017 55,949,305.05 Jun-2017 141,332,090.08
230 Jul-2017 54,475,276.58 Jul-2017 140,715,472.02
231 Aug-2017 52,988,265.84 Aug-2017 140,093,590.16
232 Sep-2017 51,488,158.51 Sep-2017 139,466,399.55
233 Oct-2017 49,974,839.23 Oct-2017 138,833,854.87
234 Nov-2017 48,448,191.64 Nov-2017 138,195,910.42
235 Dec-2017 46,908,098.36 Dec-2017 137,552,520.11
236 Jan-2018 45,354,440.96 Jan-2018 136,903,637.44
237 Feb-2018 43,787,099.99 Feb-2018 136,249,215.53
238 Mar-2018 42,205,954.92 Mar-2018 135,589,207.09
239 Apr-2018 40,610,884.18 Apr-2018 134,923,564.44
240 May-2018 39,001,765.12 May-2018 134,252,239.47
241 Jun-2018 37,378,474.01 Jun-2018 133,575,183.68
242 Jul-2018 35,740,886.03 Jul-2018 132,892,348.15
243 Aug-2018 34,088,875.28 Aug-2018 132,203,683.54
244 Sep-2018 32,422,314.71 Sep-2018 131,509,140.08
Page 6
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
245 Oct-2018 30,741,076.19 Oct-2018 130,808,667.60
246 Nov-2018 29,045,030.44 Nov-2018 130,102,215.47
247 Dec-2018 27,334,047.05 Dec-2018 129,389,732.65
248 Jan-2019 25,607,994.46 Jan-2019 128,671,167.67
249 Feb-2019 23,866,739.94 Feb-2019 127,946,468.60
250 Mar-2019 22,110,149.62 Mar-2019 127,215,583.07
251 Apr-2019 20,338,088.43 Apr-2019 126,478,458.28
252 May-2019 18,550,420.10 May-2019 125,735,040.96
253 Jun-2019 16,747,007.17 Jun-2019 124,985,277.39
254 Jul-2019 14,927,710.99 Jul-2019 124,229,113.41
255 Aug-2019 13,092,391.67 Aug-2019 123,466,494.37
256 Sep-2019 11,240,908.07 Sep-2019 122,697,365.17
257 Oct-2019 9,373,117.84 Oct-2019 121,921,670.23
258 Nov-2019 7,488,877.36 Nov-2019 121,139,353.51
259 Dec-2019 5,588,041.74 Dec-2019 120,350,358.48
260 Jan-2020 3,670,464.83 Jan-2020 119,554,628.13
261 Feb-2020 1,735,999.19 Feb-2020 118,752,104.95
262 Mar-2020 Mar-2020 117,942,730.97
263 Apr-2020 Apr-2020 117,126,447.71
264 May-2020 May-2020 116,303,196.17
265 Jun-2020 Jun-2020 115,472,916.88
266 Jul-2020 Jul-2020 114,635,549.83
267 Aug-2020 Aug-2020 113,791,034.54
268 Sep-2020 Sep-2020 112,939,309.97
269 Oct-2020 Oct-2020 112,080,314.58
270 Nov-2020 Nov-2020 111,213,986.31
271 Dec-2020 Dec-2020 110,340,262.55
272 Jan-2021 Jan-2021 109,459,080.18
273 Feb-2021 Feb-2021 108,570,375.52
274 Mar-2021 Mar-2021 107,674,084.36
275 Apr-2021 Apr-2021 106,770,141.93
276 May-2021 May-2021 105,858,482.93
277 Jun-2021 Jun-2021 104,939,041.47
278 Jul-2021 Jul-2021 104,011,751.13
279 Aug-2021 Aug-2021 103,076,544.89
280 Sep-2021 Sep-2021 102,133,355.18
281 Oct-2021 Oct-2021 101,182,113.86
282 Nov-2021 Nov-2021 100,222,752.19
283 Dec-2021 Dec-2021 99,255,200.85
284 Jan-2022 Jan-2022 98,279,389.92
285 Feb-2022 Feb-2022 97,295,248.91
286 Mar-2022 Mar-2022 96,302,706.69
Page 7
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
287 Apr-2022 Apr-2022 95,301,691.55
288 May-2022 May-2022 94,292,131.16
289 Jun-2022 Jun-2022 93,273,952.58
290 Jul-2022 Jul-2022 92,247,082.23
291 Aug-2022 Aug-2022 91,211,445.92
292 Sep-2022 Sep-2022 90,166,968.81
293 Oct-2022 Oct-2022 89,113,575.43
294 Nov-2022 Nov-2022 88,051,189.67
295 Dec-2022 Dec-2022 86,979,734.77
296 Jan-2023 Jan-2023 85,899,133.31
297 Feb-2023 Feb-2023 84,809,307.20
298 Mar-2023 Mar-2023 83,710,177.70
299 Apr-2023 Apr-2023 82,601,665.39
300 May-2023 May-2023 81,483,690.17
301 Jun-2023 Jun-2023 80,356,171.26
302 Jul-2023 Jul-2023 79,219,027.20
303 Aug-2023 Aug-2023 78,072,175.80
304 Sep-2023 Sep-2023 76,915,534.22
305 Oct-2023 Oct-2023 75,749,018.87
306 Nov-2023 Nov-2023 74,572,545.46
307 Dec-2023 Dec-2023 73,386,028.99
308 Jan-2024 Jan-2024 72,189,383.72
309 Feb-2024 Feb-2024 70,982,523.20
310 Mar-2024 Mar-2024 69,765,360.20
311 Apr-2024 Apr-2024 68,537,806.79
312 May-2024 May-2024 67,299,774.27
313 Jun-2024 Jun-2024 66,051,173.19
314 Jul-2024 Jul-2024 64,791,913.31
315 Aug-2024 Aug-2024 63,521,903.66
316 Sep-2024 Sep-2024 62,241,052.47
317 Oct-2024 Oct-2024 60,949,267.18
318 Nov-2024 Nov-2024 59,646,454.46
319 Dec-2024 Dec-2024 58,332,520.17
320 Jan-2025 Jan-2025 57,007,369.37
321 Feb-2025 Feb-2025 55,670,906.31
322 Mar-2025 Mar-2025 54,323,034.42
323 Apr-2025 Apr-2025 52,963,656.31
324 May-2025 May-2025 51,592,673.76
325 Jun-2025 Jun-2025 50,209,987.70
326 Jul-2025 Jul-2025 48,815,498.22
327 Aug-2025 Aug-2025 47,409,104.57
328 Sep-2025 Sep-2025 45,990,705.13
Page 8
<PAGE>
Alliance 1998-2 26-Jun-98
12:09:49 PM
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
- --------------------------------------------------------------------------------
329 Oct-2025 Oct-2025 44,560,197.40
330 Nov-2025 Nov-2025 43,117,478.02
331 Dec-2025 Dec-2025 41,662,442.74
332 Jan-2026 Jan-2026 40,194,986.44
333 Feb-2026 Feb-2026 38,715,003.07
334 Mar-2026 Mar-2026 37,222,385.70
335 Apr-2026 Apr-2026 35,717,026.48
336 May-2026 May-2026 34,198,816.63
337 Jun-2026 Jun-2026 32,667,646.46
338 Jul-2026 Jul-2026 31,123,405.33
339 Aug-2026 Aug-2026 29,565,981.65
340 Sep-2026 Sep-2026 27,995,262.90
341 Oct-2026 Oct-2026 26,411,135.58
342 Nov-2026 Nov-2026 24,813,485.22
343 Dec-2026 Dec-2026 23,202,196.38
344 Jan-2027 Jan-2027 21,577,152.65
345 Feb-2027 Feb-2027 19,938,236.59
346 Mar-2027 Mar-2027 18,285,329.79
347 Apr-2027 Apr-2027 16,618,312.81
348 May-2027 May-2027 14,937,065.21
349 Jun-2027 Jun-2027 13,241,465.49
350 Jul-2027 Jul-2027 11,531,391.14
351 Aug-2027 Aug-2027 9,806,718.61
352 Sep-2027 Sep-2027 8,067,323.26
353 Oct-2027 Oct-2027 6,313,079.42
354 Nov-2027 Nov-2027 4,543,860.33
355 Dec-2027 Dec-2027 2,759,538.15
356 Jan-2028 Jan-2028 959,983.96
Page 9
<PAGE>
EXHIBIT Q
FORM OF SERVICER'S MONTHLY REMITTANCE REPORT
TO TRUSTEE
<PAGE>
EXHIBIT R
PROPOSED SUBSEQUENT MORTGAGE LOAN SCHEDULE
<PAGE>
Page 1 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -----------------------------------------------------------------------------------------------------------
CLASS I: FIXED RATE LOANS AVAILABLE FOR SALE
- ---------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106143867 661438671 MILLER TIMOTHY J OR 20,061.68 11.750 0.000
106147499 661474999 FERRY CHARLES D FL 42,843.14 10.275 0.000
106151512 661515122 WESTON JEFFERY D OH 10,537.87 14.125 0.000
106152617 661526178 CHANDLER JOSEPH P NJ 173,792.20 13.450 0.000
106153991 661539916 BARTZ FRANK C IN 26,658.89 12.625 0.000
106155867 661558676 RICCO SEBASTIAN OH 99,672.41 11.100 0.000
106157161 661571612 SHARP JEFFREY S KY 22,520.05 11.625 0.000
106157218 661572180 SOLANO FRANCISCO A NJ 94,469.79 11.500 0.000
106160881 661608810 MORGAN WILLIAM G IN 76,044.93 10.375 0.000
106160971 661609719 EMPIRE PROPERTIES MA 106,694.14 11.950 0.000
106162093 661620930 VALCIN AGNES MA 93,000.00 15.500 0.000
106162159 661621599 KOSCIOLEK ADAM NJ 164,401.59 11.990 0.000
106162968 661629683 BURGER MARY C IL 86,000.00 10.300 0.000
106163065 661630657 HARADA REALTY MA 395,000.00 11.750 0.000
106163315 661633156 ISRAEL ZERAHIAH MA 315,000.00 11.100 0.000
106163499 661634998 SEMOS JAMES D NH 107,577.65 12.300 0.000
106163511 661635110 MARES VICTOR TX 36,914.56 10.150 0.000
106163583 661635839 SENECAL DAVID C NH 91,000.00 11.500 0.000
106163901 661639013 GROSU DUMITRU FL 140,000.00 11.500 0.000
106163954 661639542 LINDSAY MICHAEL F NJ 95,266.45 8.750 0.000
106163981 661639815 WEBSTER AUDREY NJ 72,800.00 13.100 0.000
106164020 661640201 RONAN THOMAS W PA 31,267.68 13.500 0.000
106164164 661641647 JONES JOSEPH IL 105,000.00 12.750 0.000
106164216 661642165 FAGAN RONALD IN 182,000.00 12.250 0.000
106164217 661642173 FAGAN RONALD IN 182,000.00 12.250 0.000
106164218 661642181 FAGAN RONALD IN 182,000.00 12.250 0.000
106164254 661642546 MAHONEY DANIEL LEO II PA 30,000.00 11.850 0.000
106164319 661643197 MANNING JOSEPH M VA 54,000.00 10.850 0.000
106164373 661643734 WELLS TOMMY E CA 18,152.37 13.600 0.000
106164403 661644039 ROYSTER FRANK H MA 125,000.00 12.950 0.000
106164458 661644583 VANCE MICHAEL P PA 143,500.00 12.250 0.000
106164471 661644716 DOUGLAS WOODY OH 79,800.00 13.100 0.000
106164514 661645143 LASOFF STEVEN S MA 30,000.00 12.950 0.000
106164535 661645358 MAHR EDWARD P IL 144,000.00 7.125 0.000
106164563 661645630 BUFORD HATTIE IL 79,200.00 10.400 0.000
106164579 661645796 HASH BOBBY J TX 45,000.00 10.150 0.000
106164582 661645820 THORNTON JAMES T PA 45,755.89 11.130 0.000
106164622 661646224 PALME DOROTHY NJ 23,893.00 9.420 0.000
106164638 661646380 EALY LORENZO IL 38,273.51 11.300 0.000
106164665 661646653 CURNEY SHEILA IL 120,000.00 15.250 0.000
106164669 661646695 CARTER MARCIA IL 18,000.00 11.300 0.000
106164675 661646752 STOVER MARK A IL 115,500.00 11.500 0.000
106164677 661646778 TARABELLA ROBERT M GA 29,928.12 12.000 0.000
106164679 661646794 EVERHART DEBORAH A OH 22,000.00 11.500 0.000
106164681 661646810 TUMBLESON ERNEST N OH 25,500.00 11.600 0.000
106164719 661647198 EMERY EUGENE R NH 17,800.00 11.850 0.000
106164727 661647271 LUCIANO DANIEL J IL 21,919.95 9.849 0.000
106164738 661647388 BALARK LOUISE IL 43,443.35 10.850 0.000
106164742 661647420 WIREDU ISAAC NANA VA 119,000.00 9.100 0.000
106164761 661647610 SHERMAN JEROLD IL 31,400.00 10.250 0.000
106164787 661647875 ANDERSON RANDAL D AL 35,000.00 8.420 0.000
106164788 661647883 LANDON CHRISTOPHE S NY 49,500.00 11.750 0.000
106164798 661647982 DVORNIK JOSEPH F IL 45,000.00 10.000 0.000
106164843 661648436 WILSON LINDA IL 40,000.00 9.150 0.000
106164856 661648568 LANGLOIS THOMAS J IL 62,000.00 10.300 0.000
106164858 661648584 ADAMS HENRY III IL 59,500.00 9.400 0.000
106164872 661648725 BREWER VIKKI IL 140,700.00 14.050 0.000
106164883 661648832 DENHAM DAMON IL 112,000.00 11.500 0.000
106164918 661649186 DUNCAN ELI MI 26,022.77 11.300 0.000
106164936 661649368 DALE RANDY E VA 59,300.00 11.100 0.000
106164946 661649467 BETHANY ROBERT E SR OH 112,000.00 13.950 0.000
</TABLE>
<PAGE>
Page 2 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106164947 661649475 BROOKINS HOWARD B JR IL 262,500.00 12.550 0.000
106164948 661649483 BROOKINS HOWARD B JR IL 220,500.00 12.550 0.000
106164949 661649491 BROOKINS HOWARD B JR IL 182,000.00 12.550 0.000
106164950 661649509 BROOKINS HOWARD B JR IL 126,100.00 12.550 0.000
800057721 680057726 ARMSTEAD DAVID JR NY 89,289.12 12.600 0.000
800380008 800380008 OTEY JAMES L NY 62,692.81 11.850 0.000
800385072 800385072 JOSLYN DOUGLAS S WA 16,892.58 12.875 0.000
800422081 800422081 GODWIN SHERI L DE 97,801.00 10.150 0.000
800442162 800442162 SEARS SANDRA O MI 52,214.55 12.250 0.000
800447062 800447062 SAEGERS MARIO J KS 13,825.10 10.050 0.000
800463150 800463150 TSANG CHUEN OR 55,000.00 12.400 0.000
800465536 800465536 PERRETTI RONALD R WA 39,225.00 13.750 0.000
800488959 800488959 BARKLEY DONNA M MD 39,175.24 12.750 0.000
800501629 800501629 SCULL BARRY RANDOLPH AZ 110,400.00 12.100 0.000
800503401 800503401 GIAMANCO PHILIP A FL 74,398.07 11.990 0.000
800503609 800503609 TIDWELL MARGARET A FL 24,400.26 12.750 0.000
800527566 800527566 CROFT CHARLES C OH 64,000.00 11.350 0.000
800527582 800527582 CROFT CHARLES C OH 33,000.00 10.600 0.000
800527624 800527624 DUMONT RAYMOND E MA 61,656.11 10.875 0.000
800544488 800544488 GRIFFITHS DAVID J UT 26,256.80 14.050 0.000
800565194 800565194 DONATO BILLY NY 378,000.00 11.450 0.000
800568347 800568347 BAINES HOWARD T PA 30,541.23 11.990 0.000
800589764 800589764 VALENTI JOSEPH P PA 71,300.00 13.650 0.000
800602781 800602781 CONNER ALAN B NC 36,000.00 11.850 0.000
800608309 800608309 PINELLO JEFFREY F CO 15,950.00 11.350 0.000
800613465 800613465 FREEMAN BRANDIE WA 25,453.39 12.950 0.000
800614984 800614984 KING DAWN MARIE MI 74,271.73 10.900 0.000
800619249 800619249 BROWN ROBERT E OR 23,000.00 9.475 0.000
800622151 800622151 BURGE BRYON FL 25,982.03 11.500 0.000
800623662 800623662 TRACEY ELEANOR NY 90,400.00 11.400 0.000
800623779 800623779 KIM YOUNG MAN NJ 126,401.48 10.800 0.000
800626525 800626525 ETEMADIPOUR MANSOUR NJ 69,213.86 9.750 0.000
800627655 800627655 MOODY BRIAN S PA 46,638.76 12.600 0.000
800628141 800628141 HWANG JAEHOON NY 130,975.60 13.900 0.000
800632069 800632069 GRIFFITH KERRY V AZ 11,425.92 13.900 0.000
800636771 800636771 SCOVIL JEFFREY A AZ 56,232.02 11.500 0.000
800638736 800638736 VINES KELLY JR MD 35,766.30 13.500 0.000
800639668 800639668 WILLIAMS NILS S OH 68,000.00 12.100 0.000
800639783 800639783 HARGROVE ASTER OH 65,400.00 11.000 0.000
800641284 800641284 IFILL DESMOND FL 69,772.53 10.750 0.000
800642662 800642662 HILL LOLA A NY 139,454.92 11.450 0.000
800646077 800646077 MCGEE WILLIAM G NJ 61,871.73 9.850 0.000
800647521 800647521 FARROW TONY W MI 30,600.00 11.350 0.000
800649816 800649816 DECK CATHERINE L AZ 179,529.95 10.400 0.000
800650541 800650541 BURGETT WILLIAM H AZ 72,185.08 10.400 0.000
800651135 800651135 NOYES NANCY J CO 169,752.69 10.400 0.000
800651184 800651184 WELCH RICK L. CO 90,154.71 9.900 0.000
800651838 800651838 ORTALANO THOMAS K PA 73,800.00 12.100 0.000
800653669 800653669 HAGICOSTAS WILLIAM NY 54,131.54 9.800 0.000
800653966 800653966 DUARTE CARLOS G CA 100,000.00 9.900 0.000
800659211 800659211 CHARLTON TRACY UT 11,000.00 9.550 0.000
800661993 800661993 LEGNITTO STEVE CA 39,993.13 14.250 0.000
800662207 800662207 MACDERMOTT RICHARD CA 25,200.00 11.950 0.000
800663148 800663148 BULLOCK THOMAS JAMES NC 18,000.00 8.400 0.000
800663486 800663486 BRANDT ROBERT NY 27,739.06 12.500 0.000
800665770 800665770 VARMON PHILIP NY 114,454.62 10.350 0.000
800670556 800670556 DIXON VALERIE RENA GA 52,000.00 9.750 0.000
800672917 800672917 HILL MICHAEL J UT 119,500.00 9.700 0.000
800685398 800685398 ROMANO FRANK C NY 168,000.00 10.950 0.000
800686537 800686537 CHMIEL JOSEPH A NJ 54,902.34 13.250 0.000
800687188 800687188 ASALE SHIRLEY M OH 78,200.00 9.650 0.000
800690786 800690786 HINES JANNIE B MI 26,795.64 14.490 0.000
800690927 800690927 FRANZITTA ANNA NC 26,970.03 11.300 0.000
</TABLE>
<PAGE>
Page 3 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800691404 800691404 JONES CLAUDE WA 15,329.14 13.500 0.000
800692212 800692212 MCCABE CARL E JR MD 80,969.27 12.500 0.000
800692352 800692352 MATZKVECH CHERYL NC 40,440.49 12.050 0.000
800695835 800695835 MARTHEL THOMAS E TN 73,950.00 13.500 0.000
800700916 800700916 TANNER TEDDY LEROY GA 10,975.25 11.950 0.000
800700965 800700965 BLUM ANDREW S NJ 35,500.00 11.450 0.000
800701831 800701831 WHITNEY RICHARD SC 287,740.68 11.150 0.000
800702391 800702391 BROOKS GEORGE W CO 85,000.00 8.650 0.000
800703225 800703225 JENKINS FLORENCE NY 105,713.49 12.500 0.000
800704199 800704199 MCELROY THOMAS S MD 81,565.19 12.990 0.000
800704322 800704322 ROMAN JOSE A NJ 104,400.00 11.550 0.000
800705774 800705774 KAISER SHIRLEY A FL 10,969.04 10.900 0.000
800706194 800706194 GRAY ROBERT J NY 21,000.00 12.750 0.000
800706210 800706210 MAYS TROY T PA 24,389.43 11.950 0.000
800707887 800707887 GREENE ROBERT A MA 21,360.12 12.750 0.000
800708547 800708547 SZPARA ROBIN J NJ 88,899.34 9.250 0.000
800711434 800711434 CRAVEN KELLYREA MARIE FL 17,000.00 13.350 0.000
800711863 800711863 AFO TOALEI T UT 125,948.28 10.350 0.000
800711962 800711962 D'AURIZIO JOSEPH L NY 37,000.00 12.400 0.000
800712366 800712366 GARNER LEONARD W FL 99,813.89 11.150 0.000
800713042 800713042 GALLO ANTHONY NY 50,000.00 11.300 0.000
800713786 800713786 CHAIT DAVID NY 202,418.66 10.450 0.000
800714354 800714354 NELSON SHELLY S SC 52,800.00 12.150 0.000
800714370 800714370 LEON RAMON AZ 14,469.86 11.600 0.000
800714859 800714859 MATTHEWS CARL NY 172,000.00 11.200 0.000
800714982 800714982 ST EARL DANI ENOS NY 26,000.00 13.100 0.000
800716045 800716045 PETTIFORD CAROLYNE E MA 150,000.00 11.350 0.000
800716755 800716755 COLLINS HELENE A PA 220,000.00 8.500 0.000
800718041 800718041 DELMAN STEVEN M CA 61,000.00 9.575 0.000
800719023 800719023 DOMBROSKY ROBERT R NJ 77,878.66 11.250 0.000
800719478 800719478 MORRIS JOHN E PA 92,250.00 11.150 0.000
800719791 800719791 WOODS VICTOR A NY 220,500.00 11.300 0.000
800720526 800720526 ABBEY SUNDAY DC 124,200.00 10.500 0.000
800721870 800721870 VERRA CAESAR E PA 73,000.00 14.250 0.000
800722001 800722001 PFEFFER T JOSEPH CA 34,750.00 13.150 0.000
800722662 800722662 AYANYAN MISAK MA 116,300.00 12.150 0.000
800722712 800722712 LANTIGUA EDDY RI 92,700.00 11.000 0.000
800723074 800723074 HUGHES ROZELL TN 69,900.00 12.100 0.000
800723306 800723306 MCCOY MARGARET W GA 85,600.00 11.990 0.000
800724080 800724080 ECHEVERRI OSCAR NY 76,858.04 12.990 0.000
800724171 800724171 ESTANISLAO ROGELIO R PA 103,500.00 8.900 0.000
800724643 800724643 WILLIAMS JAMES E FL 21,844.64 10.700 0.000
800725673 800725673 STRONG BARBARA PA 13,600.00 12.200 0.000
800726085 800726085 HAEUSER JOHN H AZ 26,981.28 11.450 0.000
800726515 800726515 CREWS DANIEL D CO 125,800.00 10.850 0.000
800727422 800727422 WALKER SUSAN J GA 119,600.00 9.000 0.000
800728495 800728495 WINDLEY VIVIAN NY 62,000.00 11.500 0.000
800728586 800728586 LEE KYOUNG SOO CA 100,000.00 13.375 0.000
800728909 800728909 THEODORE JOSETTE NY 157,250.00 12.250 0.000
800732737 800732737 SWIHART THOMAS C PA 45,480.01 10.000 0.000
800737488 800737488 DRAYTON ROBERTHA SC 25,200.00 11.100 0.000
800739435 800739435 BELLAMY ALICE R DC 85,445.97 12.750 0.000
800740011 800740011 WETZEL ALLEN E MD 79,133.16 10.000 0.000
800740227 800740227 VENEZIA SALVATORE PA 187,500.00 11.100 0.000
800740300 800740300 SCHULTZ HARRY K PA 52,531.52 11.450 0.000
800741217 800741217 JOHNSON LEROY NY 242,751.56 11.250 0.000
800741308 800741308 LONG RICHARD M FL 17,550.00 11.100 0.000
800741449 800741449 BUKOVESKY MARY OH 34,500.00 9.450 0.000
800742918 800742918 FERRACANE GERARDO F AZ 23,057.36 12.850 0.000
800744328 800744328 BANKOWSKI ROBERT NY 30,400.00 10.800 0.000
800744625 800744625 HAMLOR BEVERLY NY 86,967.60 10.800 0.000
800745358 800745358 RULE WILLIAM L AZ 19,000.00 10.750 0.000
800745523 800745523 PHILIPPOU ANDREAS NY 16,835.34 10.900 0.000
</TABLE>
<PAGE>
Page 4 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800746000 800746000 LANDRY ALBERT J MA 34,231.24 9.750 0.000
800746059 800746059 LARGE ELINOR G AZ 25,221.60 11.200 0.000
800746141 800746141 GREENBERG CARY NY 50,000.00 11.350 0.000
800746224 800746224 PULIDO RAJEWEN B NJ 78,000.00 11.550 0.000
800747917 800747917 BROWN VANESSA NC 36,400.00 10.000 0.000
800748493 800748493 HOLLY RONNY NY 259,581.26 10.500 0.000
800748899 800748899 WALKER GWENDOLYN A. MD 87,618.00 8.250 0.000
800749673 800749673 BEREQUETTE DEMETRIO NY 156,960.07 11.450 0.000
800749699 800749699 COLLINS MELVIN NV 126,000.00 10.650 0.000
800749707 800749707 JACOBS JEFF L UT 99,975.53 12.700 0.000
800750085 800750085 SIMKOVIC HAGIT HAIMS FL 50,000.00 9.600 0.000
800750275 800750275 BYERS GARY E FL 14,712.73 10.000 0.000
800750309 800750309 TRACY MARYANN NY 31,100.00 12.150 0.000
800750911 800750911 MOSBY GEORGE ALLEN VA 124,000.00 11.000 0.000
800751208 800751208 BETANCOURT ALFREDO FL 28,400.00 10.100 0.000
800751661 800751661 KIBBE THOMAS G IL 40,000.00 11.850 0.000
800751786 800751786 HOLCOMB CAROLE G SC 55,350.00 13.850 0.000
800751976 800751976 FORRESTER DEVON R NY 57,984.48 12.300 0.000
800752792 800752792 TESMAN JASON K NY 43,991.02 13.500 0.000
800752818 800752818 BARRIERA VICTOR R RI 81,000.00 11.000 0.000
800753196 800753196 EVANS PETER CT 52,500.00 10.600 0.000
800753550 800753550 HAWES DOUGLAS CA 34,000.00 11.400 0.000
800754244 800754244 SHERWOOD CHRISTOPHE NY 157,250.00 12.500 0.000
800754319 800754319 EVANS CHRISTOPHE J CO 51,300.00 13.650 0.000
800755415 800755415 ARISHIN JOANN K CA 19,250.00 10.775 0.000
800755555 800755555 WATSON ANDRE MD 27,992.83 12.500 0.000
800756314 800756314 LARSEN JANICE L FL 24,981.04 11.750 0.000
800756355 800756355 SINGH SURJIT NY 180,000.00 9.990 0.000
800756538 800756538 ABUZAHRIEH HUSAM NY 100,000.00 11.250 0.000
800757676 800757676 FENNEKOHL JAMES M NY 25,404.89 13.900 0.000
800758245 800758245 DURAN FELIX RI 90,000.00 10.600 0.000
800759334 800759334 LATTIBEAUDIE LAMBERT NY 123,300.00 10.990 0.000
800759508 800759508 LEWIS LULA JOHNSON NC 104,973.87 12.750 0.000
800759680 800759680 REJOUIS RENEL PA 26,290.63 10.850 0.000
800759789 800759789 PATEL PRAVIN D CA 45,000.00 10.275 0.000
800759805 800759805 WILSON ERNESTINE SC 21,700.00 11.750 0.000
800760118 800760118 STEWART JAIME A IN 18,700.00 11.600 0.000
800760134 800760134 LEVEN JOHN W JR FL 46,350.00 10.900 0.000
800760787 800760787 HULINGS FLOSSIE PA 17,000.00 10.400 0.000
800760852 800760852 ANSELMI MICHAEL NY 140,250.00 11.800 0.000
800761389 800761389 SNYDER RICHARD A PA 63,000.00 10.000 0.000
800761439 800761439 LU WENDY LI QIONG NY 120,000.00 11.650 0.000
800762650 800762650 YEEPUN THOMAS S VA 23,725.00 12.650 0.000
800763112 800763112 FOGARTY RICHARD J MA 274,500.00 10.350 0.000
800763625 800763625 AMAKER BARNEY B SC 47,600.00 12.800 0.000
800763906 800763906 GOMEZ CARLOS CA 54,000.00 10.475 0.000
800765091 800765091 ROARTY MARK C PA 72,399.11 8.000 0.000
800766792 800766792 MILLER ROBERT E WA 50,108.13 13.000 0.000
800767600 800767600 SKUKOWCKI MICHELE H FL 27,900.00 11.950 0.000
800767634 800767634 VAN SLOOTEN JOHN NJ 11,885.51 11.750 0.000
800768566 800768566 STANISZEWSKI JOSEPH H MA 20,000.00 11.700 0.000
800768616 800768616 LANCASTER RANDOLPH B MO 15,979.67 11.550 0.000
800768962 800768962 SHULLO DANIEL B PA 20,600.00 11.150 0.000
800769333 800769333 STURM IVY PA 20,059.31 9.600 0.000
800769630 800769630 GRAVINE PHYLLIS PA 67,360.78 9.200 0.000
800769994 800769994 FERRIOLA JAMES S CT 130,000.00 12.350 0.000
800770398 800770398 FANNING RICHARD DOUGLAS CA 73,000.00 11.275 0.000
800770497 800770497 SHOOP DOUG J PA 22,370.00 12.350 0.000
800770778 800770778 REEDER THOMAS P TN 108,000.00 10.650 0.000
800771560 800771560 ANTHONY NEVILLE NY 470,000.00 9.600 0.000
800772154 800772154 CHANG LINDA L.C. CA 50,000.00 11.350 0.000
800774382 800774382 TONER JAMES FL 18,750.00 13.850 0.000
800774671 800774671 KENNEY JOSEPH J PA 13,975.10 9.750 0.000
</TABLE>
<PAGE>
Page 5 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800775116 800775116 RIDGES NYESHA NY 240,000.00 12.990 0.000
800775363 800775363 ROBERTSON JAMES A CA 60,000.00 11.025 0.000
800776429 800776429 CONLEY CORLISS S FL 23,600.00 10.650 0.000
800777716 800777716 MITCHELL ADAM W VA 100,300.00 9.250 0.000
800778177 800778177 HILL TERRY MI 110,000.00 9.000 0.000
800778987 800778987 TORRENCE JAMES A MD 37,500.00 11.990 0.000
800779084 800779084 BACTAWAR CLEMENT R NY 51,398.37 12.150 0.000
800779175 800779175 BACON DOUGLAS A MI 44,200.00 12.650 0.000
800779332 800779332 LEE GEORGE W CA 32,300.00 10.775 0.000
800780439 800780439 BROOKS DOUG M MA 18,868.18 13.800 0.000
800780751 800780751 COELHO JOAO M NJ 45,000.00 13.100 0.000
800781130 800781130 SOBCZAK MARY H TN 132,600.00 11.350 0.000
800781734 800781734 TREBUNAK JOHN J PA 56,774.60 9.950 0.000
800782500 800782500 FELTON VERA MCCOWN SC 37,800.00 9.650 0.000
800783797 800783797 HENRY DAVID W GA 32,683.20 10.650 0.000
800784134 800784134 MCCARTHY BERTRAND KEITH NY 141,300.00 11.250 0.000
800784290 800784290 ALBRECHT KEVIN NJ 82,000.00 10.800 0.000
800784514 800784514 TULANE GREGORY W UT 29,400.00 11.550 0.000
800784613 800784613 ZINSKY LUKE J JR CT 55,661.13 12.500 0.000
800784639 800784639 GARCIA ADRIEN F NJ 10,000.00 13.250 0.000
800784654 800784654 TUCKER WYDELL OH 54,000.00 11.600 0.000
800784852 800784852 JOHNSON JIMMY L TX 80,584.06 8.150 0.000
800784860 800784860 SMITH GAYLA J GA 58,950.00 8.750 0.000
800785602 800785602 SAMS THOMAS JOE GA 119,732.00 9.600 0.000
800785628 800785628 FLINCHUM JOHN M FL 22,931.85 10.750 0.000
800785743 800785743 PRICE PHILLIP S DE 29,945.00 10.750 0.000
800785883 800785883 NICHOLS MARK PA 22,915.36 9.250 0.000
800786246 800786246 MASON STEPHEN A NE 45,400.00 11.450 0.000
800786907 800786907 WALPOLE PETE M OH 21,250.00 12.050 0.000
800787053 800787053 LEDBETTER WILLIE J. NC 99,800.00 10.400 0.000
800787244 800787244 KOHANSKI WALTER FL 41,305.80 11.650 0.000
800787624 800787624 NELSON CYNTHIA C MD 59,183.86 12.950 0.000
800787871 800787871 ABBOTT JOHN D CA 98,000.00 10.475 0.000
800787947 800787947 DHARA JOYCE S NY 50,200.00 11.950 0.000
800787970 800787970 LYLES CAROLYN SC 70,400.00 12.600 0.000
800788036 800788036 EBRIGHT DONALD H FL 96,000.00 13.350 0.000
800788150 800788150 HARRIS CURTIS GA 67,500.00 10.850 0.000
800788994 800788994 MCDONALD WILLIAM H VA 31,770.00 10.300 0.000
800789018 800789018 BARONCELLI ANDREW J VA 58,000.00 12.850 0.000
800789190 800789190 TEAGLE ROY E OH 65,342.80 7.500 0.000
800789521 800789521 WOODWARD RICHARD L MO 188,966.72 11.050 0.000
800789646 800789646 BRUNNER JOHN J VA 60,582.13 9.250 0.000
800790024 800790024 EDGE, BIAS MELTON NC 27,900.00 10.600 0.000
800790123 800790123 JOHNSON ROBERT C OH 47,587.53 10.400 0.000
800790537 800790537 LUIZ STEVEN GA 15,000.00 10.200 0.000
800791436 800791436 SMITH WILLIAM H JR. DE 40,590.14 10.600 0.000
800791576 800791576 CASEY WILLIAM D. TN 31,750.00 12.250 0.000
800792079 800792079 THOMPSON KATHERINE F NC 10,000.00 11.325 0.000
800792467 800792467 FRIES CARL A. AZ 16,500.00 10.775 0.000
800792491 800792491 PAVEL ANA FL 25,000.00 11.100 0.000
800793317 800793317 ESCOLOPIO ROBERT A MD 42,400.00 13.990 0.000
800793614 800793614 OLSEN PHIL A UT 24,116.00 9.900 0.000
800793796 800793796 RORICK MATTHEW AZ 62,050.00 12.450 0.000
800793929 800793929 JONES THOMAS E FL 30,400.00 13.500 0.000
800794059 800794059 BENNETT HELEN FL 56,950.00 11.250 0.000
800794109 800794109 STEFANOVICH JAMES B PA 67,597.69 9.950 0.000
800794349 800794349 PETTAWAY ISAIAH PA 46,400.00 12.100 0.000
800794703 800794703 TOMAIO MICHAEL NJ 146,402.60 9.800 0.000
800795650 800795650 JAMISON REALOUS NY 241,000.00 11.900 0.000
800795817 800795817 SEZER SERAP NY 32,933.15 12.650 0.000
800797128 800797128 HUMPHRIES GANNON D TX 121,500.00 10.900 0.000
800798191 800798191 HOLWERDA DIANE FL 28,177.15 12.600 0.000
800800252 800800252 CASEY DANIEL NY 219,250.00 12.150 0.000
</TABLE>
<PAGE>
Page 6 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800801094 800801094 YAKO WESAM MI 14,400.00 10.500 0.000
800801565 800801565 DAVIS MARK L PA 100,000.00 9.650 0.000
800801813 800801813 MENIS ROLAND P CA 55,000.00 10.975 0.000
800801870 800801870 BOTTITA MICHAEL A UT 31,989.66 11.450 0.000
800802068 800802068 SMITH PRISCILLA NY 114,750.00 13.400 0.000
800802076 800802076 ATWELL DIANNE NY 163,675.99 11.800 0.000
800803009 800803009 MALEK BRIAN J OH 39,200.00 13.100 0.000
800803017 800803017 NELSON DAVID L CO 15,500.00 10.150 0.000
800803140 800803140 BONILLA MARTA NY 148,500.00 12.900 0.000
800803207 800803207 DAVENPORT LARRY GA 70,200.00 11.650 0.000
800803538 800803538 FAYARD TINO ALFRED CA 50,000.00 10.625 0.000
800804692 800804692 KNIGHT MICHAEL NY 136,000.00 12.500 0.000
800804775 800804775 SHERIDAN RICHARD M PA 68,000.00 9.400 0.000
800804841 800804841 SUPPLES MARK T NY 113,500.00 12.550 0.000
800805012 800805012 MAGNUSON GEORGE O CT 59,500.00 10.700 0.000
800805327 800805327 THOMPSON GREGORY A. WA 24,815.00 10.875 0.000
800805434 800805434 TALLERDAY PATRICK JOSEPH OR 38,500.00 9.725 0.000
800806093 800806093 HOLMES CAROL K OH 135,800.00 10.350 0.000
800806143 800806143 LEONARDI BRUCE O OH 19,873.52 11.990 0.000
800806184 800806184 PIKE DAVID GA 46,500.00 11.200 0.000
800806374 800806374 MOORE DENNIS FL 21,500.00 12.850 0.000
800806879 800806879 SKELTON JEFFREY D CO 26,633.00 10.600 0.000
800808438 800808438 UVINO LAWRENCE NY 37,000.00 10.250 0.000
800808487 800808487 HUGHES JERMAINE NY 151,200.00 10.900 0.000
800808545 800808545 SIMS MARION NJ 64,662.44 12.500 0.000
800808933 800808933 HO PAUL KIN CHUNG CO 780,000.00 10.700 0.000
800809014 800809014 SAPSFORD JOANN OH 63,700.00 12.100 0.000
800809535 800809535 BRANSCUM ROBERT MI 78,750.00 12.450 0.000
800809568 800809568 ARNETT PHYLLIS A NJ 111,508.23 10.775 0.000
800809865 800809865 DONOVAN EILEEN NY 165,600.00 11.050 0.000
800810194 800810194 MISSAILDIS LIONIDAS VA 31,744.08 13.350 0.000
800810558 800810558 CIAVARELLI JOSEPH S NY 40,000.00 10.650 0.000
800810772 800810772 SHELTON CRAIG K PA 15,900.00 11.150 0.000
800810871 800810871 PINTO WILLIAM D PA 94,500.00 9.750 0.000
800811754 800811754 SNYDER LEWIS FL 41,000.00 11.350 0.000
800811952 800811952 MORRIS TARA FL 69,300.00 9.250 0.000
800812489 800812489 CLINE WILLIAM FL 42,500.00 11.600 0.000
800812554 800812554 HILL JAMES D FL 52,200.00 10.650 0.000
800813107 800813107 AYERS BRIAN NY 58,500.00 11.150 0.000
800813651 800813651 DENSON MARY FL 53,600.00 9.150 0.000
800814089 800814089 FREEDMAN, JAMES W. TN 142,000.00 8.750 0.000
800814550 800814550 AIDE WILLIAM T PA 54,600.00 10.450 0.000
800815219 800815219 TRABACCONE JOSEPH PA 157,500.00 10.900 0.000
800815409 800815409 SALPURIDO JORGE FL 21,000.00 11.100 0.000
800815441 800815441 FUERTES GLORIA JEAN FL 31,200.00 9.850 0.000
800815730 800815730 DELUCA EUGENE R PA 10,000.00 10.850 0.000
800816142 800816142 HENSLEY EDDIE RAY MD 11,441.78 11.450 0.000
800816522 800816522 LANDMAN ALAN NY 42,000.00 12.900 0.000
800817330 800817330 SANTILLANES CHARLES NM 30,250.00 10.850 0.000
800817348 800817348 BLANKENSHIP JAMES A FL 15,000.00 11.000 0.000
800817660 800817660 RETAMOZO GAIL FL 69,300.00 9.900 0.000
800818387 800818387 JACKSON DONALD L SC 52,200.00 11.250 0.000
800818742 800818742 EDGE BIAS MELTON NC 68,000.00 10.600 0.000
800819120 800819120 LAKITS RONALD J MI 26,000.00 9.850 0.000
800819625 800819625 HELMSIN BARBARA J UT 29,143.83 12.250 0.000
800819641 800819641 BERKOSKI EDWARD P PA 35,000.00 9.500 0.000
800819765 800819765 POSNER IRVING NY 40,000.00 10.650 0.000
800819955 800819955 CRONIN SHANNON M WA 50,000.00 8.775 0.000
800820136 800820136 RODRIGUEZ ANGEL L FL 19,600.00 9.900 0.000
800820193 800820193 CRUMP GLADYS GA 200,000.00 8.650 0.000
800820292 800820292 PARK JONG KYU NY 37,600.00 12.350 0.000
800820946 800820946 THOMAS NICHOLAS R OR 18,000.00 10.325 0.000
800822066 800822066 VAN LANDUYT PATRICIA A MI 174,300.00 9.450 0.000
</TABLE>
<PAGE>
Page 7 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800822371 800822371 ST. DENIS MICHAEL A. NY 135,000.00 9.750 0.000
800822686 800822686 FEIGENSON JEFFREY M NY 166,667.00 12.300 0.000
800822777 800822777 COLLINS EDDIE W MI 59,126.95 10.500 0.000
800823015 800823015 KHAN ARSHAD H CA 86,500.00 11.475 0.000
800823148 800823148 ZERPHEY RODNEY E PA 72,900.00 10.650 0.000
800823379 800823379 JONES FERN R NY 68,500.00 8.000 0.000
800823593 800823593 STANSEL RICHARD EDWARD FL 40,000.00 9.650 0.000
800824138 800824138 HARMONY THOMAS M OR 28,000.00 10.775 0.000
800824807 800824807 JOHANSEN LYNDA FL 76,000.00 9.700 0.000
800825085 800825085 GASKILL COLON NC 50,250.00 8.950 0.000
800826778 800826778 GOMEZ CARLOS ALBERT FL 15,000.00 11.350 0.000
800827115 800827115 MANWEILER RANDY J CO 46,000.00 12.150 0.000
800827149 800827149 SHANELEC JENNIFER CA 50,000.00 9.975 0.000
800827313 800827313 ZAGORSKY PETER J CT 75,240.00 13.400 0.000
800827479 800827479 MILTON ARVADA J GA 112,500.00 11.700 0.000
800827735 800827735 JONES JAMES P SC 18,850.00 11.500 0.000
800828006 800828006 YATES BRIAN A NJ 146,800.00 8.400 0.000
800828626 800828626 SOLOMON CHARLES J GA 40,198.98 11.750 0.000
800828683 800828683 TSCHIDER JAY M CO 12,645.00 13.350 0.000
800828972 800828972 DOVI ANTHONY NY 27,200.00 12.850 0.000
800830564 800830564 OCKIMEY JAMES NY 22,750.00 12.600 0.000
800830671 800830671 BILLIPS CREGG DUNDEE NM 33,040.00 12.150 0.000
800830861 800830861 MOHLER JOHN C CO 41,585.00 10.600 0.000
800831422 800831422 ALONSO ALMA B FL 28,500.00 9.900 0.000
800831760 800831760 HASKINS CHARLES R FL 121,381.19 11.150 0.000
800831877 800831877 JOHNSON RUTH C SC 28,808.46 10.850 0.000
800831927 800831927 COOKE MAE THERIAULT FL 124,000.00 8.000 0.000
800831992 800831992 JAWDAT ZAIDUN DC 31,483.35 9.600 0.000
800832156 800832156 KWON KAP PYO CA 105,739.00 9.775 0.000
800833055 800833055 BAXTER LARRY RAY FL 64,800.00 9.700 0.000
800833550 800833550 NOE SAMUEL R MD 20,000.00 11.150 0.000
800833832 800833832 SHAHOIAN KHOUDIG CA 93,650.00 10.725 0.000
800834095 800834095 COMPTON DAVID PA 67,500.00 10.500 0.000
800834152 800834152 LOWE PATRICIA F NC 48,500.00 8.500 0.000
800834384 800834384 NUNEZ JOSE FL 129,000.00 9.850 0.000
800834426 800834426 RODRIGUEZ MIA NJ 173,000.00 9.900 0.000
800834616 800834616 UNGER BARRY D MD 53,000.00 12.500 0.000
800834830 800834830 GARD ANGEL LEE MD 36,225.00 10.000 0.000
800835670 800835670 BURNINGHAM DELBERT I UT 34,563.00 11.950 0.000
800835795 800835795 HOWELL EVERTON D NY 95,000.00 8.500 0.000
800836041 800836041 HAWKINS CHARLES HENRY MD 33,050.00 11.850 0.000
800836207 800836207 GRANT YI-RU N. FL 12,200.00 11.850 0.000
800836355 800836355 RODGERS BONNIE K CA 59,700.00 11.625 0.000
800836629 800836629 WOOD CHRISTOPHE R NJ 15,897.31 12.500 0.000
800836694 800836694 CHARLES RENES RI 52,125.00 10.500 0.000
800836991 800836991 TOKUDA HIDEKO CO 22,000.00 10.600 0.000
800837361 800837361 NICHOLS MARK S PA 26,000.00 9.250 0.000
800837494 800837494 CURRAN PATRICK MD 55,000.00 12.100 0.000
800837825 800837825 BOGNER DAVID I NY 42,784.83 14.140 0.000
800838534 800838534 MCNAIR ALONZO F FL 16,340.00 12.850 0.000
800838658 800838658 FLENER JEFFERY AZ 21,800.00 13.350 0.000
800838724 800838724 RODRIGUES JOSEPH W UT 27,544.00 12.500 0.000
800839201 800839201 ATWOOD C VAL UT 67,470.00 11.600 0.000
800839276 800839276 SLABON JOHN D NJ 155,900.00 11.950 0.000
800839318 800839318 BOYLES WALTER E NC 67,500.00 11.150 0.000
800839375 800839375 LEWIS BOLLAR JR NC 81,800.00 8.000 0.000
800839490 800839490 BENSON, WILLIAM WYATT IN 38,700.00 11.850 0.000
800839995 800839995 SCARBOROUGH WINNIE R. NC 74,775.60 9.000 0.000
800840241 800840241 DIGRAZIA MARCELLA NY 35,000.00 12.650 0.000
800840324 800840324 ROZANSKI ROBERT E FL 20,050.00 12.100 0.000
800840357 800840357 HARMON DENNIS J FL 29,700.00 10.150 0.000
800841843 800841843 MATEL ROBERTO CA 104,000.00 10.722 0.000
800842015 800842015 HAMILTON MARY NC 30,800.00 10.500 0.000
</TABLE>
<PAGE>
Page 8 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800842411 800842411 ROBUSTELLO JOHN T NY 100,000.00 8.990 0.000
800842577 800842577 MITCHELL JOHN AZ 29,200.00 10.275 0.000
800842775 800842775 WOOD KEVIN B FL 71,200.00 8.650 0.000
800842825 800842825 THOMPSON WILLIAM K UT 23,672.45 11.700 0.000
800842932 800842932 ROBERTS RONALD D PA 60,000.00 12.600 0.000
800843260 800843260 CABRERA SAMUEL CT 30,000.00 11.700 0.000
800843674 800843674 KOWAL MICHAEL NC 53,200.00 9.850 0.000
800843807 800843807 WALKER MARGARETE H. CT 84,300.00 10.100 0.000
800843815 800843815 BERINGER MICHAEL KURT CA 65,600.00 10.975 0.000
800843955 800843955 KRISTIANSEN STEVEN UT 45,750.00 11.100 0.000
800844011 800844011 HOLLAND TONY A OH 57,750.00 8.400 0.000
800844615 800844615 LIGATO ANTHONY F NY 102,000.00 11.350 0.000
800845091 800845091 JARAMILLO ADOLPH CO 50,000.00 9.650 0.000
800845174 800845174 CREMER PATRICE ANNETTE MI 105,300.00 10.650 0.000
800845281 800845281 WILSON KATHY TN 68,400.00 10.400 0.000
800845794 800845794 GRIGGS RICHARD D WA 38,000.00 12.850 0.000
800846107 800846107 CURET-RAMOS MARIA M OH 7,400.00 11.150 0.000
800846149 800846149 JOHNSON LARRY SC 163,800.00 10.500 0.000
800846248 800846248 THOMPSON BRYAN S UT 66,734.39 12.900 0.000
800846479 800846479 OSTROWSKY HAROLD RI 20,000.00 10.700 0.000
800847162 800847162 SHRIVER PHILIP H FL 28,839.87 12.990 0.000
800847261 800847261 REYES VERLA J CO 55,000.00 8.850 0.000
800847451 800847451 LOUISIUS ERICK GA 49,700.00 10.600 0.000
800848582 800848582 REED JOHN W FL 114,325.00 11.700 0.000
800848830 800848830 RIVERS CORINE D SC 39,600.00 12.850 0.000
800848848 800848848 DENBOER ROBERT MI 104,200.00 12.350 0.000
800849382 800849382 JIMENEZ RAUL G CA 22,500.00 9.525 0.000
800849523 800849523 KHURANA ROOPA NY 21,000.00 11.500 0.000
800849754 800849754 NUNEZ JOSE FL 105,000.00 9.850 0.000
800850117 800850117 PRINDLE RANSOM FL 75,650.00 10.850 0.000
800850190 800850190 BOYSAN ARIF M CT 56,600.00 13.490 0.000
800850315 800850315 WARTHEN JULIAN S CO 208,000.00 8.750 0.000
800850489 800850489 CARROLL DALE M FL 216,708.00 12.150 0.000
800850505 800850505 BELL ROBERT C CA 54,000.00 10.225 0.000
800850828 800850828 WHITESIDE LYANNA L SC 22,500.00 12.500 0.000
800851016 800851016 BELL LEON FL 37,500.00 9.600 0.000
800851115 800851115 PARKER DOROTHY FL 31,500.00 12.250 0.000
800851370 800851370 DETTREY JOSEPH A CO 43,088.00 11.150 0.000
800852071 800852071 BRACKETT MAX EARL FL 33,225.00 11.750 0.000
800852527 800852527 MEYER SCOTT RANDALL AZ 36,685.00 10.750 0.000
800852691 800852691 BRINGMAN GALE E FL 108,000.00 9.150 0.000
800853442 800853442 BETTS MAUREEN UT 117,000.00 11.125 0.000
800853806 800853806 MCALISTER TERRY J OR 34,876.00 11.850 0.000
800853939 800853939 ABBOTT RICHARD D CO 40,000.00 8.650 0.000
800854242 800854242 MCELWAIN DAVID B VA 45,000.00 10.100 0.000
800854275 800854275 HALE GLENN P NC 106,250.00 10.500 0.000
800854804 800854804 MCKINNEY-BUR CAROLYN A WV 43,350.00 8.500 0.000
800855256 800855256 SHIN JAMES S. AZ 97,100.00 11.850 0.000
800855611 800855611 NASH CHEVONNE PA 67,500.00 10.900 0.000
800855694 800855694 LAVERTY TODD J. CA 20,000.00 11.475 0.000
800855918 800855918 WILLIAMS GENE C SC 48,000.00 10.150 0.000
800855975 800855975 GARRETT ALONZENA NOBLE SC 113,200.00 13.100 0.000
800856551 800856551 AYALA JESUS JR TX 33,750.00 10.900 0.000
800857633 800857633 BELL LEON FL 30,750.00 9.600 0.000
800857765 800857765 BRODY CAROL L FL 23,500.00 11.350 0.000
800857831 800857831 HIRMIZ MUFID MI 17,900.00 9.650 0.000
800858136 800858136 TUMMINIA JOSEPH M FL 26,400.00 8.900 0.000
800858151 800858151 GREEN ARTHUR L PA 21,322.43 10.500 0.000
800858409 800858409 SANTANA NANCY NY 57,304.14 11.300 0.000
800858433 800858433 MENDELSOHN EDWARD FL 11,250.00 13.600 0.000
800858557 800858557 WOODS STEPHANIE S OH 41,600.00 11.200 0.000
800858631 800858631 SCHNEIDER JOHN M NY 41,150.00 12.150 0.000
800858656 800858656 WEILL NORMAN J NY 50,000.00 9.500 0.000
</TABLE>
<PAGE>
Page 9 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800858797 800858797 HOUSTON NANCY RI 21,000.00 11.600 0.000
800858821 800858821 GIAMBANCO GIUSEPPE PA 33,500.00 11.850 0.000
800859019 800859019 HUANG WEI-LUNG CA 16,369.14 12.650 0.000
800859027 800859027 RODRIGUEZ JUAN S NY 126,700.00 11.900 0.000
800859191 800859191 LUKE JAMES FL 38,242.12 11.990 0.000
800859738 800859738 GROSS JAMES DEWITT TX 94,050.00 9.650 0.000
800859845 800859845 TURNER KIM MI 95,200.00 11.850 0.000
800859878 800859878 TERRELL JUDY FL 74,500.00 10.990 0.000
800859902 800859902 CHERRY MICHAEL NY 32,474.69 12.500 0.000
800859993 800859993 MARSON JOHN G FL 51,000.00 9.850 0.000
800860454 800860454 WATSON DALELENE J IN 67,000.00 10.850 0.000
800860827 800860827 JENSEN MICHAEL NYHOLM AZ 60,500.00 10.950 0.000
800861874 800861874 VANN MAUDIE FL 52,500.00 9.600 0.000
800862443 800862443 ENNIS CORNELIUS A MD 128,000.00 10.100 0.000
800862914 800862914 HOLMES STEWART D MI 27,100.00 13.500 0.000
800862948 800862948 RUTHERFORD MICHAEL J PA 20,000.00 10.750 0.000
800863003 800863003 JOHNSON SUSAN L UT 13,200.00 11.850 0.000
800863284 800863284 BOYETTE ROXANNE GA 40,125.00 10.650 0.000
800863441 800863441 TORRACO JULIA FL 89,000.00 9.350 0.000
800863847 800863847 SHORTELL RUTH A PA 65,500.00 9.650 0.000
800864027 800864027 BANKS STRING JAMES WILLIA NY 104,000.00 9.650 0.000
800864423 800864423 HARLEY JANE M PA 37,400.00 11.250 0.000
800864563 800864563 FLEMING MARK OH 61,500.00 11.350 0.000
800864647 800864647 DENUCCI KAREN PA 95,000.00 12.590 0.000
800864746 800864746 KLEINER MARTHA ANN FL 74,750.00 12.590 0.000
800864977 800864977 CARO ARGENTINA MD 100,000.00 7.750 0.000
800865222 800865222 WAYNE DOUGLAS E OH 17,850.00 9.500 0.000
800865271 800865271 DUHANEY ELLISTON C FL 44,600.00 10.250 0.000
800866170 800866170 HUNTOON C GARY AZ 39,300.00 10.950 0.000
800866485 800866485 WILTBERGER BRIAN J CO 28,000.00 10.000 0.000
800866576 800866576 ERVIN WAYNE W FL 13,600.00 13.100 0.000
800867103 800867103 DUNN JOHN P GA 18,800.00 10.650 0.000
800867301 800867301 JIMENEZ NOE AZ 24,750.00 9.700 0.000
800867335 800867335 LOPEZ LEROY J CO 51,993.00 10.900 0.000
800867400 800867400 RYSANEK ALLEN L TX 43,200.00 10.600 0.000
800867459 800867459 CONWAY DANIEL NY 50,000.00 13.250 0.000
800867939 800867939 DICKUN MICHAEL S PA 117,000.00 9.650 0.000
800868432 800868432 HARDY DENNIS L VA 40,800.00 11.500 0.000
800868465 800868465 LUTZ, RALPH LEE NC 63,000.00 11.400 0.000
800868754 800868754 ARDISSONE SANDRA L. CA 32,000.00 11.475 0.000
800868796 800868796 JOSEPH MITCH I FL 145,800.00 10.150 0.000
800869448 800869448 MCGARRY JOANNE M NJ 143,118.24 9.750 0.000
800871220 800871220 KEARNS SYLVIA R NY 40,000.00 10.850 0.000
800871436 800871436 REDDING MICHAEL C CA 29,500.00 9.750 0.000
800871782 800871782 SCHULTE JUDY FL 39,481.72 11.450 0.000
800871907 800871907 VAN GORDEN JANET G FL 41,000.00 10.000 0.000
800872277 800872277 BIDWELL JAMES L. IN 11,000.00 11.400 0.000
800872343 800872343 STRONG EVELYN NY 227,700.00 10.250 0.000
800872368 800872368 GULINO DOROTHY J FL 67,000.00 8.750 0.000
800872616 800872616 ORD THOMAS C CO 32,000.00 10.100 0.000
800873283 800873283 OAKES FRANCIS A FL 240,000.00 11.100 0.000
800873770 800873770 MORRIS WILLIE FL 81,000.00 10.650 0.000
800874034 800874034 LEONARD JOEL A MA 25,000.00 10.100 0.000
800874125 800874125 JAMES DONALD E FL 42,000.00 11.350 0.000
800874307 800874307 LEWIS BETTY DARLENE CA 77,000.00 10.975 0.000
800874463 800874463 ROSSI MICHAEL T CO 10,814.00 10.650 0.000
800875163 800875163 FLEMING MARK OH 48,700.00 11.350 0.000
800875239 800875239 HILLIER KENNETH FL 40,000.00 11.990 0.000
800875403 800875403 PARDO RICARDO VA 51,200.00 10.250 0.000
800875502 800875502 HALL ELIZABETH E FL 18,275.00 10.100 0.000
800875726 800875726 HART CHARLES FL 41,500.00 10.950 0.000
800875981 800875981 HARRIS WILLIAM NY 120,700.00 9.900 0.000
800876294 800876294 WILLIAMS JOHN E. OH 54,750.00 11.600 0.000
</TABLE>
<PAGE>
Page 10 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800876740 800876740 ADAMS TIMOTHY FL 24,375.00 10.250 0.000
800876914 800876914 PIPER SCOTT C CO 20,000.00 9.400 0.000
800876989 800876989 PAGE KENNETH M CT 229,600.00 12.500 0.000
800877177 800877177 MCDANIEL SHIRLEY T FL 136,000.00 12.600 0.000
800877201 800877201 OCONNOR STEPHEN J NY 50,700.00 11.750 0.000
800877276 800877276 SONNYCALF ROBERT M KY 63,500.00 11.200 0.000
800877292 800877292 WARREN JANIS M. FL 62,400.00 9.900 0.000
800877540 800877540 WILKS CRANDALL SCOTT FL 46,800.00 10.900 0.000
800877623 800877623 EVANS LOURN B PA 167,450.00 11.500 0.000
800878324 800878324 BLACKMUN JAY C CA 28,000.00 12.250 0.000
800878571 800878571 OLUMUYIWA AW OLUSOJI DC 112,500.00 11.150 0.000
800878654 800878654 COOLIDGE ERNEST NY 97,000.00 11.500 0.000
800878852 800878852 HOLMES MCKEN BETTY JEAN FL 20,000.00 12.840 0.000
800878969 800878969 CHUDYK MARIBETH PA 34,361.00 11.150 0.000
800880148 800880148 BELL ROBERT W. FL 19,700.00 12.600 0.000
800880544 800880544 YACIUK RAYMOND CO 13,301.00 11.100 0.000
800880627 800880627 YACIUK RAYMOND CO 12,748.00 11.100 0.000
800880684 800880684 HAINES ANTHONY S PA 25,500.00 10.400 0.000
800881559 800881559 SENESE MARIANNE I NY 60,000.00 14.150 0.000
800881674 800881674 MULLANEY JEFFREY MD 48,800.00 10.400 0.000
800882201 800882201 MORALES JOSE H. FL 72,000.00 9.850 0.000
800882326 800882326 FLEMING MARK OH 44,200.00 11.350 0.000
800882672 800882672 POSTEL HAIG P. FL 10,000.00 11.750 0.000
800882714 800882714 ZAMMIT RONALD J FL 30,000.00 11.600 0.000
800883308 800883308 KEAN FOREST E IN 31,500.00 10.650 0.000
800883605 800883605 STILLWELL ROBERT L MT 29,239.00 11.400 0.000
800883712 800883712 FARRELL CARRIE ID 20,079.00 11.850 0.000
800883845 800883845 WILSON DAVID W PA 12,500.00 10.500 0.000
800884942 800884942 COOPER ANTHONY SC 32,250.00 11.650 0.000
800885428 800885428 YOUMANS PATRICIA ANN ID 62,723.11 9.975 0.000
800885816 800885816 BLAKE EDWARD C SC 77,775.00 11.250 0.000
800885980 800885980 ALLEN GREGORY M PA 53,700.00 11.100 0.000
800886160 800886160 FABOK-TABLER MICHELLE PA 88,800.00 10.400 0.000
800886293 800886293 HAMROFF JOEL NY 48,000.00 12.990 0.000
800886483 800886483 JACKSON GINA M FL 19,350.00 10.400 0.000
800886608 800886608 SNARE CLAYTON FL 33,000.00 8.250 0.000
800886863 800886863 NGUYEN CAU M TX 65,700.00 10.500 0.000
800887192 800887192 CASTILLO TAMARA CO 24,000.00 13.350 0.000
800887879 800887879 BOLEN STEVEN G NC 40,800.00 10.750 0.000
800887895 800887895 ORELLANA, DANIEL FL 27,500.00 9.000 0.000
800888133 800888133 BARTON DARRIN D FL 18,000.00 11.950 0.000
800888349 800888349 FISHER DAVID A PA 137,250.00 9.400 0.000
800888406 800888406 BRENNER EUGENE FL 120,750.00 10.600 0.000
800888489 800888489 BOMERSHEIM JOSEPH W PA 90,000.00 10.490 0.000
800889016 800889016 PFEIFER ROBERT L OR 115,100.00 9.125 0.000
800889107 800889107 SIERRA LINDA M NY 44,000.00 11.250 0.000
800890550 800890550 WELCH MARIO E GA 72,000.00 10.750 0.000
800890881 800890881 BOYER JEFFREY D PA 74,500.00 12.100 0.000
800891160 800891160 KELLY EDWARD P IN 66,700.00 13.600 0.000
800891442 800891442 SCRUGGS CRAIG A. IN 136,000.00 8.250 0.000
800891616 800891616 FRANCO JOSEPH R. FL 17,500.00 10.650 0.000
800892077 800892077 FRIEDMAN ROBERT CO 64,200.00 11.350 0.000
800892127 800892127 RYERSON FRED B. FL 27,000.00 9.000 0.000
800892234 800892234 HARVIN KEITH FL 28,800.00 10.400 0.000
800892556 800892556 ONWUASOANYA OLUCHI RI 81,000.00 10.900 0.000
800892937 800892937 LEBEDA PHILLIP R. FL 44,000.00 10.350 0.000
800893109 800893109 LINGNER JOSEPH NY 85,500.00 10.900 0.000
800893935 800893935 HEARD KIM C MA 87,884.89 14.250 0.000
800894107 800894107 EREKSON ROGER A. FL 108,900.00 9.900 0.000
800894156 800894156 UKAEGBU ULUMMA P DC 117,000.00 10.400 0.000
800894719 800894719 DIXON VALERIE GA 59,200.00 9.250 0.000
800895476 800895476 SUAREZ KIMBERLI FL 62,900.00 10.150 0.000
800895807 800895807 HUFF MARLOWE GA 148,500.00 11.150 0.000
</TABLE>
<PAGE>
Page 11 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800896169 800896169 NGUYEN PHUC TX 90,000.00 10.500 0.000
800896367 800896367 LAKUNLE LEWIS DC 111,350.00 12.600 0.000
800897746 800897746 FELICIANO DOLORES RI 76,500.00 10.850 0.000
800898199 800898199 CAPUTO KATHLEEN FL 120,000.00 8.650 0.000
800898439 800898439 TARRANCE TONY OH 51,200.00 13.350 0.000
800899601 800899601 GRANT ROBERT L. MI 83,900.00 8.750 0.000
800901647 800901647 MANDEL WILLIAM FL 54,000.00 10.850 0.000
800903874 800903874 LACHANCE GERARD D MA 136,849.46 8.990 0.000
800904310 800904310 FRESQUEZ DELMO J CO 20,300.00 10.650 0.000
800904336 800904336 MITCHELL GLENN E NY 74,800.00 9.500 0.000
800907073 800907073 BERRIOS ANGEL M NY 50,000.00 10.900 0.000
800907107 800907107 TATE CLAUDIA NY 20,400.00 12.300 0.000
800908014 800908014 FRYBERGER ROBERT LEROY AZ 33,500.00 11.150 0.000
800909483 800909483 BRAZELL MARGARET M SC 40,800.00 11.150 0.000
800910044 800910044 DODSON DARLINE L FL 40,500.00 10.400 0.000
800913584 800913584 TATE STANLEY EDWARD OH 31,700.00 11.125 0.000
800918203 800918203 ALBALADEJO JOVITA PA 37,500.00 10.350 0.000
5100015030 5100015030 GOULTER DOUGLAS S OR 99,800.00 10.275 0.000
5100016764 5100016764 WILHELMS DONALD M WA 44,040.27 12.275 0.000
5100016871 5100016871 PUCKO JEFFREY K MA 32,200.00 11.750 0.000
5100016962 5100016962 JACKSON RONALD ALLEN OK 37,100.00 11.225 0.000
5100016970 5100016970 BELL MARY E SD 36,220.64 12.875 0.000
5100016996 5100016996 PATTERSON GARY OK 13,600.00 9.000 0.000
5100017036 5100017036 HYSON RAYMOND E MA 41,500.00 11.250 0.000
5100017044 5100017044 BIERMAN GLENN CT 472,300.00 10.250 0.000
5100017051 5100017051 PATTERSON NEIL L WA 36,650.90 9.250 0.000
5100017069 5100017069 UMBAUGH PAUL E WA 18,468.58 12.725 0.000
5100017077 5100017077 WUTZKE BENNY I WA 20,223.03 10.725 0.000
5100017085 5100017085 GIFFORD MICHAEL D ID 69,500.00 10.725 0.000
5100017101 5100017101 DEMARIS JAMES B WA 40,049.12 11.875 0.000
5100017127 5100017127 SCHLUETER THOMAS F SD 55,600.00 10.725 0.000
5100017135 5100017135 ZAMBERLIN STEVEN W WA 97,004.26 10.225 0.000
5100017150 5100017150 SZYMANSKI MAREK WA 33,500.00 12.750 0.000
5100017176 5100017176 PULITO ALAN D MA 54,100.00 13.850 0.000
5100017184 5100017184 WENGER DAVID K WA 87,100.00 11.125 0.000
5100017192 5100017192 BICKEL JOHN A CT 289,900.00 8.875 0.000
5100017200 5100017200 LOCKARD MARIE F MI 50,600.00 11.775 0.000
5100017218 5100017218 CORPUS RICARTE D WA 34,100.00 11.525 0.000
5100017226 5100017226 EASTMAN RICHARD A WA 21,200.00 12.725 0.000
5100017234 5100017234 BONACKER JEFFREY J SD 35,600.00 8.750 0.000
5100017242 5100017242 ELANDER MILO FRED WA 90,400.00 11.000 0.000
5100017259 5100017259 CAMPBELL ROGER E WA 41,500.00 13.125 0.000
5100017267 5100017267 SHRIVER JAMES H SD 33,300.00 9.750 0.000
5100017309 5100017309 BITTON LLOYD K ID 20,900.00 11.025 0.000
5100017317 5100017317 BOTTOMLY MARK R WA 37,400.00 11.775 0.000
5100017325 5100017325 PARKINSON EDWARD H CA 52,200.00 11.125 0.000
5100017366 5100017366 PARISEAU GERALD N ND 28,000.00 12.125 0.000
5100017374 5100017374 KANICK DAVID C WA 112,300.00 8.600 0.000
5100017382 5100017382 CREGER KIRK PATRICK MI 96,900.00 9.625 0.000
5100017390 5100017390 MERCHANT FREDERIC R OR 43,600.00 10.975 0.000
5100017408 5100017408 RODEBERG GREGORY L WA 26,600.00 11.100 0.000
5100017424 5100017424 MCCREERY DENNIS D OR 31,300.00 11.875 0.000
5100017440 5100017440 HUGHES GEORGE M WA 34,800.00 8.750 0.000
5100017457 5100017457 PLECHA JOHN P MI 64,600.00 12.350 0.000
5100017473 5100017473 SAWICKI WANDA MA 80,500.00 10.525 0.000
5200000494 5200000494 FRANK LAWYER JR FL 18,687.15 14.125 0.000
5200000502 5200000502 STUART DANNY C FL 39,700.00 7.875 0.000
5200000510 5200000510 STUART DANNY C FL 10,500.00 10.125 0.000
5200000544 5200000544 BOWERS FRANCES H FL 24,779.77 10.625 0.000
5200000585 5200000585 SINISCALCHI RONALD J FL 132,301.39 10.125 0.000
5200000593 5200000593 REEVES CHARLES R FL 30,800.00 12.775 0.000
5200000601 5200000601 PINTO PIERINO P FL 59,700.00 12.375 0.000
5500001887 5500001887 REID BRINSLEY C NY 37,889.95 11.875 0.000
</TABLE>
<PAGE>
Page 12 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
5500001895 5500001895 DYKEMA JILL L MI 67,258.81 9.000 0.000
5500001937 5500001937 HOFFMAN KARL R NY 32,337.47 11.125 0.000
5500002000 5500002000 LAWRENCE KATHLEEN NY 25,300.00 12.000 0.000
5500002026 5500002026 WREN TERI LEE NY 29,200.00 12.250 0.000
5600003346 5600003346 GREENE ROBERT S IL 115,802.52 9.875 0.000
5600003627 5600003627 DANTUONO MICHELLE A OH 48,200.00 11.375 0.000
5600003635 5600003635 COCHRAN GRACE Y TN 19,393.73 12.875 0.000
5600003718 5600003718 GRAY TERRY L IL 122,809.67 10.750 0.000
5600003734 5600003734 MILES VERL I IN 39,272.98 14.000 0.000
5600003759 5600003759 RICHMAN ROBERT L W OH 40,500.00 7.875 0.000
5600003775 5600003775 HOFSTATER JANEL A MN 19,104.24 12.750 0.000
5600003825 5600003825 CHRISTIAN TRUVILLE IN 33,700.00 9.775 0.000
5600003841 5600003841 LOCKHART ELIZABETH A IN 14,400.00 13.875 0.000
5600003858 5600003858 DEVINEY PAUL D TN 55,600.00 11.875 0.000
5600003874 5600003874 DEATON WILLIAM D IN 53,100.00 9.000 0.000
5700000895 5700000895 SHOEMAKER KATHLEEN MARIE CO 20,074.02 13.750 0.000
5700001349 5700001349 RAETZ MARY I AZ 10,300.00 10.125 0.000
5700001620 5700001620 ALEXANDER MARK S AZ 16,900.00 10.875 0.000
5700001638 5700001638 HIGASHI NILDA CA 24,400.00 10.275 0.000
- -----------------------------------------------------------------------------------------
Loans in Servicing not yet tagged for sale 710 48,494,401.66
106162557 n/a WEST JAMES H. OH 24,000.00 9.625 0.000
106162558 n/a WEST JAMES H. OH 60,000.00 9.625 0.000
106163263 n/a USA REALTY CORP NY 136,500.00 11.850 0.000
106163497 n/a WALKER FAMILY INVESTMENTS INC NJ 140,000.00 11.100 0.000
106163824 n/a JOHNSTON GEORGE RICHARD IL 30,000.00 8.700 0.000
800630048 n/a GREENE MARY H PA 44,850.00 9.850 0.000
800638876 n/a SANDERS ALBERT IN 10,000.00 10.250 0.000
800652224 n/a MITCHELL ANDREW D PA 25,000.00 9.000 0.000
800667263 n/a GOOD TIMOTHY C. MI 88,000.00 13.750 0.000
800678435 n/a CLOUTIER CAMILLE M NH 96,600.00 11.450 0.000
800678518 n/a CLOUTIER CAMILLE M NH 46,800.00 11.450 0.000
800678542 n/a CLOUTIER CAMILLE M NH 46,800.00 11.450 0.000
800681306 n/a VANPELT GARY S PA 16,050.00 12.550 0.000
800682015 n/a BAGWELL DONALD R FL 22,400.00 10.450 0.000
800691651 n/a HOFFMAN THERESA NJ 79,900.00 11.650 0.000
800691941 n/a SMITH WILLIAM MD 28,875.00 10.800 0.000
800695249 n/a CASSONE ANTHONY FL 34,000.00 10.650 0.000
800697757 n/a BARKER RAY SC 55,200.00 10.650 0.000
800700346 n/a GAMBINO JOHN NY 210,000.00 10.350 0.000
800704686 n/a GARCIA MICHAEL MI 72,000.00 14.000 0.000
800714628 n/a CHILDRESS ROBERT E PA 42,000.00 10.700 0.000
800714776 n/a SCOTT THOMAS FL 50,000.00 10.500 0.000
800715047 n/a CASTILLO ADALBERTO NJ 101,250.00 11.300 0.000
800720120 n/a SITAL ASHTON NY 54,400.00 10.500 0.000
800734576 n/a TOUSSAINT BRENDA J NY 82,000.00 9.950 0.000
800737702 n/a TURNER STARR M PA 17,250.00 12.500 0.000
800739120 n/a BURSHTEYN MIKHAIL NY 36,000.00 10.800 0.000
800740250 n/a ARMSTRONG GLENN G PA 30,000.00 10.550 0.000
800744237 n/a NAZARIO LILLIAN MD 144,000.00 11.450 0.000
800744310 n/a EVERS ERIC NJ 127,500.00 12.375 0.000
800745929 n/a CHURCH JACQUELINE PA 32,400.00 11.450 0.000
800750523 n/a STEPHENS JON D UT 65,000.00 9.850 0.000
800751737 n/a PERMAR DAVID A PA 58,500.00 9.900 0.000
800751950 n/a CARTIER LISA NY 84,000.00 12.500 0.000
800752149 n/a MCNULTY JAMES MICHAEL NY 40,000.00 7.750 0.000
800752206 n/a GORDON IRVINE C GA 42,000.00 10.800 0.000
800757551 n/a MELENDEZ ANTHONY NY 157,250.00 11.900 0.000
800758203 n/a BRAVO CARLOS L RI 63,750.00 11.350 0.000
800758286 n/a CIPOLLA ROSE NY 100,000.00 11.350 0.000
800759284 n/a GAY NOEL L CA 23,100.00 11.200 0.000
800767238 n/a KLINE BRYON OH 102,000.00 8.650 0.000
800768129 n/a FLOWERS CHARLENE B. NC 59,075.00 12.900 0.000
</TABLE>
<PAGE>
Page 13 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800771602 n/a ANDERSON DAVID CA 33,500.00 9.925 0.000
800771990 n/a THOMAS SALLIE PA 38,250.00 11.500 0.000
800774689 n/a RIVERA MIQUEL NY 162,000.00 10.550 0.000
800776635 n/a LLEWELLYN MARJORIE NJ 66,000.00 11.450 0.000
800779316 n/a TOLCHER RICHARD P GA 19,000.00 11.550 0.000
800780827 n/a DENNISON CHARLES E OH 56,000.00 8.700 0.000
800783532 n/a COLLADO IBET RI 70,020.00 11.250 0.000
800784589 n/a SCHMIDT JOEL R MI 32,000.00 10.550 0.000
800784720 n/a GUCK BRIAN NY 57,000.00 10.300 0.000
800785552 n/a RAY SAMUEL E TN 108,500.00 10.350 0.000
800788200 n/a HAMPTON III GEORGE L CO 38,500.00 11.350 0.000
800789679 n/a BRANDT KELVIN E PA 34,940.00 10.200 0.000
800789893 n/a GWINNER JOHN R CO 30,000.00 9.700 0.000
800790529 n/a STEVERMER TIMOTHY T MN 63,750.00 8.475 0.000
800794505 n/a SAHLEEN DALE C UT 36,400.00 10.650 0.000
800795908 n/a TURNER HOWARD A WA 65,000.00 10.550 0.000
800796575 n/a MC COY MICHAEL S CO 70,000.00 11.325 0.000
800796625 n/a OLSON PATRICIA J MN 50,000.00 11.925 0.000
800797078 n/a WISNIEWSKI CATHERINE J CO 46,800.00 11.350 0.000
800797748 n/a BOBO ROBERT L OH 106,250.00 8.150 0.000
800798290 n/a CICCI JEFFREY PA 44,000.00 10.250 0.000
800799876 n/a BAILEY EDWARD TN 40,000.00 13.600 0.000
800800930 n/a PROVOST TRACEY L. FL 18,550.00 13.450 0.000
800800971 n/a ROWE BERNADETTE BUDA FL 30,000.00 10.850 0.000
800802845 n/a MITCHELL MELINDA SC 68,800.00 11.350 0.000
800805418 n/a BERGSTROM ROBERT L. UT 30,000.00 11.625 0.000
800805681 n/a MORSHEAD BRET DAVID CA 90,473.00 11.475 0.000
800806473 n/a BLACKBURN CHARLES E FL 45,150.00 10.250 0.000
800807448 n/a DEAN TIMOTHY RAY NC 50,000.00 9.850 0.000
800808297 n/a COOL JEFFREY E CT 107,000.00 8.900 0.000
800809006 n/a BUSBY THOMAS M NJ 49,500.00 12.500 0.000
800810459 n/a MANGUM ALAN D UT 86,600.00 8.150 0.000
800810905 n/a MESSLER STEVEN PA 11,000.00 11.500 0.000
800811473 n/a PINTO JR WILLIAM D PA 74,800.00 9.250 0.000
800812307 n/a SHEETS KENNETH CLARK NC 91,300.00 8.500 0.000
800813271 n/a DIZON PEARL B CA 49,600.00 13.125 0.000
800814220 n/a MCLAUGHLIN KENNETH B CA 81,250.00 11.775 0.000
800814329 n/a HIGGINS JESSE L. WI 36,750.00 8.500 0.000
800816647 n/a TWEED JEAN M PA 19,935.00 11.000 0.000
800817652 n/a PEREZ MAYRA NJ 117,000.00 11.450 0.000
800817850 n/a BLACKWOOD III JOHN PA 19,000.00 10.400 0.000
800818643 n/a HARRIS TERESA S NC 45,500.00 10.650 0.000
800820029 n/a SWILLEY ROBERT W. FL 61,200.00 9.900 0.000
800820185 n/a GREEN EDWARD NY 16,200.00 11.500 0.000
800821068 n/a BERTREM LOUIS J CA 175,000.00 9.825 0.000
800821480 n/a CASSITY WAYNE M FL 76,500.00 10.150 0.000
800821886 n/a JONES CARLA GA 119,370.00 11.850 0.000
800822074 n/a GEORGE PENELOPE A PA 92,000.00 9.500 0.000
800823866 n/a BUSSIE TONY L IN 37,500.00 10.975 0.000
800824088 n/a DANIELSON MICHAEL J MN 30,045.00 9.725 0.000
800825549 n/a SZITA ROBERT D PA 37,000.00 9.990 0.000
800826224 n/a ANDREWS PAUL JEFF PA 15,519.00 11.350 0.000
800826265 n/a GREEN GAIL PA 65,500.00 9.550 0.000
800828147 n/a FRANK REALTY CO NY 235,000.00 11.250 0.000
800829228 n/a ROMANELLO LOUIS JOHN CA 38,800.00 11.400 0.000
800829905 n/a ANDERSON JOHN MI 30,000.00 10.900 0.000
800830036 n/a BELL DONNIE A FL 42,250.00 10.850 0.000
800830333 n/a BEBLA BARBARA S WA 66,213.00 11.475 0.000
800830945 n/a WIRT KENNETH A CA 30,000.00 9.875 0.000
800831513 n/a TOMLIN MICHAEL C GA 131,750.00 12.100 0.000
800832370 n/a STAHL BERTRUM J MI 37,500.00 10.800 0.000
800832552 n/a COLLINS JR WALLACE R OH 44,000.00 8.450 0.000
800832594 n/a CARPENTER SCOTT D PA 97,750.00 8.250 0.000
</TABLE>
<PAGE>
Page 14 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800832701 n/a HAMILTON PAUL E NY 170,000.00 11.450 0.000
800835498 n/a GAVIN JOHN R OH 63,900.00 9.400 0.000
800835878 n/a BENNETT GARLAND WAYNE NC 23,588.00 11.850 0.000
800837015 n/a COLEMAN COS L PA 32,000.00 10.850 0.000
800837247 n/a KOWAL MICHAEL E NC 49,000.00 9.850 0.000
800837387 n/a FAULKNER SR DONALD C DE 32,000.00 9.950 0.000
800837510 n/a VELASQUEZ JULIAN H RI 54,000.00 10.900 0.000
800837536 n/a GISIN ROSEMARY NY 115,000.00 10.600 0.000
800838146 n/a TIMMONS FRANK X NJ 107,487.50 11.100 0.000
800838583 n/a GREENE JAMES T. FL 36,000.00 9.650 0.000
800839243 n/a FRUGE JAMES R MI 53,600.00 10.700 0.000
800839813 n/a SCHLACHTER STEWART A FL 38,298.00 7.850 0.000
800839896 n/a PATTERSON WAYNE A FL 52,000.00 9.900 0.000
800840118 n/a SIMMONS OLENA E UT 21,037.00 10.600 0.000
800842361 n/a SCOFIELD TRACEY D PA 121,500.00 7.750 0.000
800842494 n/a BONSER III GEORGE A PA 17,500.00 10.600 0.000
800842973 n/a WOODDELL SR GREGORY B PA 100,000.00 15.250 0.000
800843039 n/a MELTON ERNEST NC 53,550.00 9.875 0.000
800844243 n/a SLADE JANICE A. NC 103,500.00 10.900 0.000
800844516 n/a MACALUSH VINCENT PA 70,200.00 11.950 0.000
800846156 n/a PIKE STEVEN M UT 19,000.00 11.050 0.000
800846164 n/a BINGHAM SUSANNAH J. AZ 68,000.00 8.400 0.000
800846578 n/a CZYZEWSKI JOHN NJ 92,032.00 9.990 0.000
800846958 n/a NIEVES JOSE R NJ 135,000.00 11.450 0.000
800847121 n/a GILLARD CHARLES W FL 40,000.00 9.750 0.000
800848855 n/a MCCOLLOUGH JAMES M FL 34,000.00 9.400 0.000
800849069 n/a SHINGLER EDWARD PA 30,000.00 10.350 0.000
800852360 n/a LENTZ ROBERT NY 54,250.00 11.200 0.000
800852428 n/a FRAYRE JOSE V PA 59,312.00 9.650 0.000
800852501 n/a CARTER REGINALD NY 88,000.00 10.450 0.000
800853699 n/a GARCIA TELLEZ MARIO FL 23,000.00 10.600 0.000
800854432 n/a TARMAN MICHAEL J. FL 18,750.00 11.000 0.000
800854721 n/a GIBSON E H FL 12,800.00 12.150 0.000
800855421 n/a ROSCOE RUSSELL P PA 24,450.00 10.650 0.000
800855777 n/a GUYMON-AITKEN GAIL CO 22,500.00 11.350 0.000
800856379 n/a BANAKOS GEORGE NY 171,700.00 9.000 0.000
800858334 n/a FINK LAURA F PA 65,600.00 9.250 0.000
800858573 n/a DOYLE LEE FL 20,000.00 11.100 0.000
800859266 n/a DICKSON HAROLD A NJ 75,000.00 11.450 0.000
800859555 n/a THURLO STEPHEN A UT 23,500.00 11.150 0.000
800861957 n/a VARGAS FELIX MA 64,000.00 9.000 0.000
800862583 n/a DAVIS SHARON A. IN 44,000.00 13.350 0.000
800862773 n/a AYALA GRACIA AZ 10,825.00 13.100 0.000
800863557 n/a SKERBETZ SR WILLIAM M PA 20,500.00 10.350 0.000
800863664 n/a GUERRA JAMES NY 30,500.00 11.100 0.000
800864670 n/a SORG JAMES FL 18,650.00 10.150 0.000
800865610 n/a SIPLE LAWRENCE A PA 32,800.00 10.500 0.000
800866675 n/a GODWIN WILLIAM F MI 26,300.00 11.125 0.000
800867285 n/a STERN DONALD J CO 55,000.00 10.150 0.000
800867517 n/a BACK KARLA E PA 19,653.00 10.900 0.000
800868549 n/a BROWN EDWARD NY 136,000.00 11.050 0.000
800868978 n/a KUHNS DONALD M PA 140,920.00 9.625 0.000
800869034 n/a ROSENZWEIG ANTHONY E FL 12,092.00 11.700 0.000
800869240 n/a POSEY JIMMY N NC 41,850.00 11.150 0.000
800869760 n/a WILK HENRY C NY 60,000.00 10.100 0.000
800870537 n/a ARMSTRONG DAVE E. WA 44,911.00 11.225 0.000
800873341 n/a MAYFIELD RAYMOND JAMES FL 38,000.00 9.150 0.000
800874638 n/a WILLIAMS LOUIS A SAAVED NY 43,200.00 14.250 0.000
800874653 n/a LEIVAS ALMA J. CA 52,000.00 10.725 0.000
800876096 n/a FORRESTER CLIFFORD N PA 23,065.00 11.700 0.000
800876104 n/a PALMA ROSE D CA 76,410.00 11.225 0.000
800876823 n/a COSTELLO LISA GAIL CA 30,000.00 9.475 0.000
800878530 n/a GLOVER WELDON NC 46,500.00 9.900 0.000
</TABLE>
<PAGE>
Page 15 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800879371 n/a HEDING RANDY FL 64,000.00 12.850 0.000
800879413 n/a BAKER KENNETH W VA 38,800.00 9.900 0.000
800880106 n/a PIZZO DENNIS A UT 13,500.00 13.650 0.000
800880924 n/a GREEHY MAURICE NY 101,200.00 11.600 0.000
800881245 n/a ELLIS LEO B UT 11,294.00 12.100 0.000
800883068 n/a THORNTON SADIE M FL 45,000.00 9.900 0.000
800883589 n/a MCARTHUR III C.L. CA 118,000.00 8.775 0.000
800883654 n/a ANDREWS BARRY CO 321,300.00 11.600 0.000
800885311 n/a RENSHAW MARK MALLORY CA 35,000.00 11.225 0.000
800890139 n/a WILLIAMS KENNETH R. WA 62,000.00 13.225 0.000
800890147 n/a PHARR LEONARD NY 166,500.00 10.650 0.000
800893372 n/a JOHNSON DIANE L WA 23,500.00 11.025 0.000
800893448 n/a MCDERMOTT JOHN A PA 21,600.00 12.850 0.000
800894966 n/a LANCASTER DONALD E FL 35,000.00 10.500 0.000
800897423 n/a MCNEILL BRUCE C UT 30,000.00 11.750 0.000
800897555 n/a RAKER STACEY L PA 97,000.00 10.750 0.000
800897613 n/a SIMMONS MURIEL FL 45,500.00 13.090 0.000
800897670 n/a BAXTER DAVID W PA 22,310.00 10.900 0.000
800898991 n/a JACKSON MICHELLE L. FL 33,915.00 9.950 0.000
800899098 n/a NGUYEN TUAN V UT 42,000.00 8.900 0.000
800900581 n/a PIZZI RUTH M. FL 60,000.00 12.100 0.000
800900680 n/a GIBBS BRIAN MICHAEL PA 188,300.00 11.850 0.000
800901704 n/a KING BERTHA C WA 55,440.00 9.550 0.000
800902108 n/a SYDNOR CHARLEY FL 72,650.00 9.000 0.000
800902116 n/a CRAIG DAVID W. IN 81,000.00 10.900 0.000
800902223 n/a CRAVEN J. SCOTT NC 30,000.00 11.500 0.000
800902405 n/a BROWN SR JAMES E CO 115,200.00 10.150 0.000
800903965 n/a SNYDER NORMA E PA 83,250.00 10.150 0.000
800905648 n/a ROSE SHARON FL 44,000.00 9.250 0.000
800907826 n/a DALEY AARON J UT 40,500.00 12.650 0.000
800908006 n/a SMITH WYNTER JOAN M FL 16,500.00 12.900 0.000
800908634 n/a UGAS ALBERT WA 45,300.00 11.850 0.000
800908782 n/a CORBIN JACQUELINE F IN 12,000.00 12.600 0.000
800909038 n/a WHEELER VERNON GLENN CO 17,500.00 11.850 0.000
800915613 n/a KUSTER JANIS P MI 47,150.00 11.625 0.000
800916678 n/a WOODRUFF GEFORY S WA 100,300.00 11.375 0.000
800916694 n/a LEWIS LORNA NY 137,000.00 12.300 0.000
800917155 n/a WILLIS II SAMUEL T IN 30,000.00 11.850 0.000
800920274 n/a THRANUM DAVID PAUL AZ 24,000.00 11.200 0.000
800922734 n/a KIMBLE CLINTON D NC 111,510.00 10.900 0.000
800926701 n/a JONES MARIE B NY 40,000.00 10.200 0.000
800933814 n/a GARRISON BARBARA S SC 72,000.00 10.700 0.000
5100015808 n/a MYERS TIMOTHY G WA 55,600.00 11.375 0.000
5100016244 n/a MORALES EDWARD R CA 75,800.00 11.225 0.000
5100016525 n/a SCHMID D STEVEN WA 39,400.00 11.875 0.000
5100016665 n/a SEARLES EDWARD E SD 29,400.00 12.750 0.000
5100016707 n/a BARTELHEIM DAVID G WA 39,400.00 11.625 0.000
5100016814 n/a WOODS KAREN WA 26,500.00 10.725 0.000
5100016947 n/a THOMAS CLAUDIA B WA 44,800.00 10.375 0.000
5100016954 n/a EIRICH DAVID J WA 98,700.00 10.975 0.000
5100016988 n/a CAZARES JOSE I OR 39,600.00 11.000 0.000
5100017002 n/a MACK ERNEST S WA 21,700.00 11.125 0.000
5100017291 n/a ROBBINS JASON OR 26,800.00 12.375 0.000
5100017358 n/a KELLEY JR JAMES C OR 93,300.00 9.250 0.000
5100017416 n/a BURROWS DEAN I ID 28,700.00 10.875 0.000
5100017432 n/a SWALE EDWARD C WA 33,400.00 11.240 0.000
5100017531 n/a YARBOROUGH JAMES LOUIS WA 45,100.00 9.250 0.000
5100017549 n/a HALL KATHRYN L WA 25,978.00 11.025 0.000
5100017572 n/a MORSE BARBARA L MI 59,400.00 9.250 0.000
5100017598 n/a SUITE CECILIA ID 49,200.00 9.250 0.000
5100017630 n/a DEMBOWSKE GENE R MI 72,400.00 10.000 0.000
5100017648 n/a COX ELIZABETH E WA 61,900.00 12.750 0.000
5100017663 n/a BABBAGE THOMAS F OR 151,800.00 9.500 0.000
</TABLE>
<PAGE>
Page 16 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
5100017671 n/a BALL SHAWN M WA 55,800.00 11.000 0.000
5100017770 n/a DAVIS STEVEN EDWARD OR 43,000.00 13.750 0.000
5100017861 n/a HUGGLER TERI WA 122,100.00 10.125 0.000
5200000288 n/a LOOMIS SUE ANN FL 40,100.00 12.375 0.000
5200000650 n/a JOHNS PATSY A FL 57,000.00 12.000 0.000
5500001978 n/a HIMELRICK LINDA C NY 54,100.00 13.625 0.000
5500001986 n/a ANTIGNANI DENISE NJ 32,500.00 12.375 0.000
5700001653 n/a CHAMBERS JOHN M MI 44,600.00 11.125 0.000
- -------------------------------------------------------------------------------------------
Loans Funded and not yet in Servicing 239 14,424,992.50
Total Fixed Rate Loans Funded and Available: Class I 949 62,919,394.16
</TABLE>
<PAGE>
Page 17 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
CLASS II: ARM LOANS AVAILABLE FOR SALE
- ---------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106160732 161607320 NASH KENNETH IL 344,513.66 13.500 9.400
106162956 161629563 THOMAS NANCY M MA 64,957.09 11.375 7.250
106163773 161637731 LE BLANC MICHEAL PAUL LA 26,977.26 10.250 6.000
106163885 161638853 GIER GIBSON JILL P IL 151,500.00 12.000 8.000
106164318 161643184 ARTIS LAMONT WA 165,000.00 8.750 5.500
106164336 161643366 CHRISTIAN SILAS H III AL 134,174.19 9.750 6.000
106164436 161644364 PULLEY JIM TN 87,404.06 9.000 5.250
106164476 161644760 COLEMAN WILLIE B NJ 110,432.83 11.750 7.350
106164522 161645221 LEDGER ROBERT R FL 56,000.00 12.000 7.500
106164569 161645692 JONES CRAIG E TN 81,000.00 10.000 6.000
106164592 161645924 ALMONTE JOSE NY 120,800.00 13.000 8.500
106164611 161646112 GONZALES LIDIA M IL 106,900.00 12.250 8.000
106164633 161646336 SEVEREID ROBERT W IN 115,200.00 9.750 5.500
106164674 161646740 FLANAGAN PATRICK D AL 95,958.29 13.250 9.000
106164704 161647045 PERKINS LARRY E OH 67,929.22 9.250 5.250
106164712 161647128 MICHAEL JULIA OH 70,369.42 13.250 9.000
106164735 161647359 BELTRAN VIOLETA C IL 373,351.58 10.500 6.750
106164775 161647755 PROVO PETER CT 111,506.00 10.250 7.250
106164776 161647763 RAINER CHARLES JR IL 58,053.63 10.500 6.000
106164802 161648027 ELBERT ANDREW C JR IL 309,200.00 8.750 5.000
106164821 161648217 HUBBARD DENISE IL 218,000.00 7.250 4.250
106164826 161648266 TOPPS LAWRENCE JR IL 72,200.00 8.750 5.000
106164834 161648340 SHAH RAKESH IL 39,953.81 8.750 5.000
106164852 161648522 VUKOVICH JOSEPH W WI 150,000.00 8.750 5.000
106164854 161648548 ABRAMOWICZ PATRICIA IL 120,700.00 7.625 4.250
800261059 800261059 WRIGHT THOMAS NY 130,852.53 10.625 6.050
800293755 800293755 RIEDLINGER CHARLES G PA 109,296.34 11.750 7.050
800314395 800314395 TEEL BERNARD D NC 159,650.85 11.125 6.800
800345118 800345118 BORNSTEIN MARC H CT 89,522.50 11.000 6.400
800371536 800371536 O KEEFE ROBERT N NJ 170,572.97 11.125 6.800
800409211 800409211 JONES LENARD SR CO 155,032.48 12.000 7.750
800476061 800476061 VIERAS VILMA R MD 260,591.42 9.875 5.750
800477929 800477929 FARMER JAMES PA 34,162.06 10.875 7.300
800483547 800483547 BROWN TEILA M NY 191,956.10 13.000 9.400
800506875 800506875 LITTLEFIELD WADE DEAN UT 145,571.42 10.625 7.300
800509127 800509127 BAGLEY CATHY OH 39,138.52 10.625 7.900
800515165 800515165 POWELL ROBERT PA 62,958.78 11.125 6.800
800521221 800521221 WILLIAMS MILTON NJ 103,916.98 10.500 7.250
800526246 800526246 WALTERS CURTIS D OH 24,967.55 11.500 7.550
800533622 800533622 MAY DAVID E OR 197,850.64 12.625 8.550
800537714 800537714 HUMPHRIES MARIBEL NY 86,302.37 12.125 9.050
800538035 800538035 BURWELL DENISE NY 138,415.89 11.500 7.350
800538084 800538084 ZHAK MIKHAIL CO 111,025.63 10.625 6.850
800551467 800551467 HUNEYCUTT JOSEPH R JR NC 94,500.00 10.125 6.500
800551509 800551509 HUFF PHYLLIS IL 94,434.19 11.000 7.250
800552655 800552655 TUCKER LOUISE NY 191,148.23 9.125 5.850
800556896 800556896 ROCCOGRANDI JAMES PA 51,935.73 10.375 6.800
800578783 800578783 REITENBACH RALPH R JR PA 16,182.75 10.750 7.050
800581050 800581050 MCFARLAND SAMUEL D IN 53,925.79 9.875 6.500
800592313 800592313 PAREDES LINDA B NJ 57,911.45 9.375 6.000
800594079 800594079 KALABON DANIEL J OH 103,581.89 11.500 8.050
800595019 800595019 BRENNAN WALTER PA 139,925.92 12.375 8.900
800597759 800597759 JOHNSON BETTY NY 202,432.47 13.375 9.125
800600371 800600371 MITCHELL JOHN PA 107,457.28 10.500 7.550
800600504 800600504 GEORGIEV GEORGE UT 57,346.22 9.750 6.625
800602385 800602385 OLSON TERRANCE UT 101,942.95 12.125 8.050
800602625 800602625 MARSHALL MICHAEL PAUL NC 242,028.99 9.875 6.750
800603870 800603870 JAKSA MARTIN E NJ 97,179.81 10.375 7.000
800607301 800607301 CYRUS ALBERT L PA 33,200.00 12.625 9.050
800614687 800614687 MARLOWE WILLIAM V SC 85,000.00 11.125 7.625
800619678 800619678 DARLINGTON DALE PA 55,200.91 10.000 6.250
</TABLE>
<PAGE>
Page 18 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800624934 800624934 WARREN DELORES NJ 91,922.51 10.250 6.625
800628117 800628117 LONG DEAN R PA 83,666.74 10.500 7.375
800630535 800630535 DORRIS THOMAS R JR IN 34,400.00 10.875 6.750
800631293 800631293 VANHORN HOWARD E OH 40,757.54 9.250 6.100
800632812 800632812 FORSTER DENNIS J WI 32,000.00 11.875 8.000
800635344 800635344 BERNARDO JAMES NY 65,975.15 10.750 7.300
800635450 800635450 HAWKINS RUTH B MI 256,000.00 12.875 9.050
800635922 800635922 HODGE TRACY OH 50,371.82 12.125 8.000
800636250 800636250 CARVER PETER J PA 104,477.00 12.500 7.125
800638611 800638611 WESTERFIELD CECIL OH 30,382.99 12.125 8.000
800640401 800640401 HENTHORN BARRY B WA 769,110.73 8.750 7.125
800640468 800640468 BROWN MARION OH 19,494.97 11.875 7.900
800641144 800641144 KAY EDDIE J FL 54,152.47 10.250 6.250
800641391 800641391 SIECINSKI DAVID NJ 192,854.03 10.750 6.875
800642191 800642191 COLE HUGH C NY 150,400.00 12.125 8.640
800642621 800642621 EASTON ROSS H CT 84,977.00 12.250 8.125
800643934 800643934 TOMASICHIO DOLORES M NY 165,578.03 10.875 7.800
800644734 800644734 COTTRELL ADAM W OH 63,700.00 11.375 7.550
800645145 800645145 LAROCHE PIERRE PAUL NY 142,985.78 10.500 7.375
800646036 800646036 MCCORMICK MARGARET L MD 127,934.14 12.500 8.875
800651499 800651499 ANDERSON CHRISTOPHE D CO 163,802.28 10.375 6.500
800653057 800653057 DESHAZER LOREN OR 199,934.30 11.375 9.125
800653727 800653727 FLORES FRANCISCO G NY 188,227.38 11.750 8.250
800656019 800656019 SMISL STEVEN V PA 104,000.00 11.250 8.000
800656910 800656910 CORBETT PAIGE CO 134,963.37 7.875 6.750
800658262 800658262 PENA OLIMPIA NJ 60,000.00 12.250 8.900
800658387 800658387 KOCHER GEORGE CHRISTIAN CT 231,838.26 11.125 8.000
800659104 800659104 EVANS ERIC M CO 104,000.00 11.000 6.875
800659583 800659583 SINGLEY JEFFREY L PA 112,431.84 8.500 5.500
800660730 800660730 MOHABIR PAUL NY 155,510.68 8.500 6.875
800661159 800661159 DOUGLAS GREGORY NY 192,529.43 10.875 7.650
800663015 800663015 MARCANO MARIA PA 53,906.11 8.750 5.500
800665853 800665853 ADAMS WILLIAM F UT 103,967.67 11.625 8.000
800666406 800666406 SIMONS CASSIA NJ 64,726.28 10.875 7.125
800666612 800666612 HACKMAN JAMES L PA 88,135.00 10.000 6.625
800667131 800667131 WURZ AMELIA M OH 98,400.00 11.625 8.000
800670127 800670127 MILLER MICHAEL PA 53,912.08 13.625 9.900
800671620 800671620 MARSH TRACY PA 71,362.00 9.125 6.050
800672404 800672404 DEAN DAVID A GA 79,650.00 8.500 5.500
800673576 800673576 SCULAC NICHOLAS CO 428,541.66 9.125 5.875
800675860 800675860 BRUIN WAYNE KY 179,947.04 11.875 8.400
800676512 800676512 SNELL PATREECE A. OH 73,000.00 11.875 7.250
800678237 800678237 OSBORNE WILLIAM T PA 78,378.18 12.125 8.625
800678393 800678393 BENNETT JOE TYLER UT 94,400.00 13.125 9.500
800678856 800678856 SMITH TERRY MN 63,985.36 13.000 9.125
800679029 800679029 THOMAS KENNETH NJ 179,757.63 8.000 5.000
800679052 800679052 LITTLE SHARON NY 144,348.20 11.125 7.800
800679953 800679953 MCDUFFIE SHARON R OH 60,350.00 10.250 6.250
800683443 800683443 HUDSON BEVERLY J CO 95,090.06 8.750 5.300
800683872 800683872 TEIXEIRA DEIDRE A CT 111,924.02 11.250 7.625
800684888 800684888 LAVERGNE KHRENT L MI 92,000.00 12.375 8.250
800685430 800685430 HURLEY LAURA CT 94,464.42 10.750 7.000
800686321 800686321 BISHOP JEFFERY IL 99,954.02 13.000 9.400
800686396 800686396 ANDRETTA CHRISTINE A FL 51,975.09 9.625 6.550
800687428 800687428 BLOCK DONALD TX 79,200.00 10.875 6.750
800688541 800688541 KIRKLAND BETTY J NY 131,769.00 12.875 9.050
800688608 800688608 LAPOINTE RHONDA C GA 89,140.89 10.750 7.625
800690265 800690265 GLENN CHARISE MI 51,985.53 12.125 9.125
800693855 800693855 BEEBE MARJORIE ANN PA 20,400.00 11.875 8.000
800695058 800695058 JAMES RICHARD A PA 162,400.00 12.875 8.750
800697138 800697138 FUENTES ORLANDA E FL 36,400.00 12.875 8.250
800697310 800697310 COLATRELLA JOHN NJ 63,941.62 9.875 6.500
800697377 800697377 BROWN SANDRA NY 291,920.97 12.250 9.000
</TABLE>
<PAGE>
Page 19 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800697443 800697443 LEGACY ROBERT E RI 145,616.20 12.000 9.000
800697617 800697617 LYKINS GLENN M OH 71,939.35 10.250 6.875
800699217 800699217 ELLIOTT PAMELA B UT 308,848.01 9.500 6.875
800703068 800703068 VANGELOFF GEORGE M MI 102,000.00 9.875 6.125
800705212 800705212 VIGIL HELEN NM 86,250.00 13.125 8.000
800706640 800706640 THOMAS JEFFREY D PA 69,425.75 9.125 5.500
800708521 800708521 DAVIS RONALD M IL 60,000.00 11.500 7.500
800711368 800711368 CATTANO PETER V NJ 188,800.00 12.125 9.125
800714990 800714990 ROGERS ROSEMARIA NY 151,141.51 10.625 7.300
800715187 800715187 MORRIS DOW TASHA IL 67,985.92 13.375 9.500
800715203 800715203 ROWE TRACY L OH 94,323.75 12.125 7.750
800715443 800715443 SCHAMANEK GAIL UT 150,000.00 8.000 6.375
800717639 800717639 CAVE MICHAEL P NY 33,732.12 11.500 7.890
800718264 800718264 CURLEY JAMES M PA 154,643.32 10.875 7.750
800718421 800718421 SCHMIDT JAMES A PA 51,974.42 9.500 6.125
800718447 800718447 DEION ANN MARIE NY 87,500.00 11.625 7.750
800718538 800718538 WEYDIG CHARLES T NY 180,000.00 9.375 6.000
800718967 800718967 SANDS DWIGHT D GA 62,023.98 10.250 6.250
800719296 800719296 FASOLINO ROBYN PA 156,000.00 9.125 5.750
800722175 800722175 SABIR ANNE T OH 35,979.86 12.125 8.000
800722332 800722332 GRIFFIN BRIAN L OH 53,000.00 10.375 6.750
800724031 800724031 VILLINES RONALD NC 44,979.55 9.875 6.500
800725889 800725889 CASCADDEN DAVID OR 68,909.50 10.000 6.250
800727034 800727034 FALKENSTEIN DAVID E IN 58,400.00 12.375 8.000
800727109 800727109 LANESKI JOSEPH M PA 76,500.00 11.375 7.000
800727208 800727208 SAN AGUSTIN MYRNA NJ 140,000.00 9.000 5.500
800727257 800727257 FAUCHER MICHELLE A NJ 115,419.69 9.625 6.000
800727331 800727331 MOORE LINDA LEIGH NC 56,100.00 10.750 7.250
800727851 800727851 FONSECA ANTHONY MI 122,846.56 8.375 5.000
800727919 800727919 LAW DWIGHT M PA 36,000.00 11.875 7.850
800730046 800730046 SHAH ADAM NY 347,000.00 9.250 5.875
800730053 800730053 JACKSON STACY B GA 25,492.07 11.625 6.500
800731317 800731317 DISS DAVID W GA 64,581.52 12.000 8.375
800731556 800731556 WILLIAMS DEBORAH DARLENE TN 92,700.00 9.625 6.250
800732109 800732109 FOLKS HENRIETTA S VA 137,943.65 10.375 6.500
800732273 800732273 LIGHTY WALTER F PA 125,100.00 10.750 7.375
800734097 800734097 LABAR DANIEL M PA 36,400.00 11.875 8.000
800734147 800734147 BRYANT RESNEE PA 44,781.08 13.375 9.500
800737611 800737611 HALPIN STEVEN M NY 109,000.00 10.250 6.625
800738379 800738379 ORTALANO THOMAS J PA 62,900.00 9.625 6.750
800739922 800739922 HADDAD JEHAD IL 68,000.00 11.750 8.625
800740391 800740391 OWENS ANGELINE MI 68,000.00 11.500 7.875
800740631 800740631 MONAST GARY R MA 79,410.51 8.875 5.750
800741399 800741399 RIVERA MIGUEL PA 77,200.00 8.375 5.000
800745747 800745747 BITTNER WILLIAM C TX 118,150.00 10.750 6.250
800746182 800746182 BIELICKI KRZYSZTOF S MA 144,000.00 12.250 8.250
800748733 800748733 JUDGE JAMES C GA 186,903.06 9.250 5.250
800748832 800748832 NISSEN GLORIA H IL 183,916.41 9.875 6.625
800749400 800749400 MAROLYN HODGE OH 72,250.00 12.125 7.750
800749657 800749657 AMES KURT S UT 111,553.20 10.250 6.875
800751356 800751356 ACKER DEANNA TOLAR TX 51,000.00 10.625 7.000
800752065 800752065 ZEID JIHAD NJ 148,448.48 11.125 7.750
800752966 800752966 JORDAN RAYMOND K VA 58,500.00 9.875 6.250
800753568 800753568 ATTANASIO DEAN M NY 303,750.00 8.625 5.250
800753881 800753881 MOORE MONICA NJ 103,500.00 11.250 7.520
800754038 800754038 KIDWELL RICKY R PA 163,924.59 9.875 7.000
800754194 800754194 LOVE CARL NJ 181,841.87 11.500 7.875
800754871 800754871 FRY NATHAN W UT 103,449.10 9.500 7.875
800755753 800755753 MC QUAID ANTHONY LEE OH 56,900.00 8.500 6.000
800756066 800756066 POLISTIN MARIE DC 150,300.00 10.250 7.300
800756462 800756462 TURNER MARY G TX 119,700.00 9.625 6.250
800757411 800757411 FIRLEY RAYMOND PA 46,750.00 10.375 6.750
800757809 800757809 HANIFF BEBE NY 152,759.79 12.375 8.625
</TABLE>
<PAGE>
Page 20 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800761033 800761033 BROWN GARY D NJ 144,834.17 9.875 6.950
800761249 800761249 SMITH BARBARA A IL 70,400.00 12.625 8.250
800761728 800761728 RUDICK MD DONALD H NY 467,500.00 11.375 7.375
800763294 800763294 ESPINOZA ELISANDRO G. AZ 199,410.37 10.375 6.125
800763641 800763641 MCGEEHAN RYAN CT 24,800.00 9.625 6.000
800764128 800764128 DENT JEFFREY A PA 52,200.00 10.750 7.375
800765117 800765117 JONES DEBORAH M IL 105,289.98 12.250 8.125
800765158 800765158 BJORK PHILLIP NY 244,000.00 10.250 6.625
800768251 800768251 SHANER LARRY OH 55,500.00 10.750 7.375
800769143 800769143 SUPPLE JOSEPH CT 108,000.00 9.750 6.625
800770232 800770232 WEISS PAMELA NY 143,959.96 12.125 8.000
800771396 800771396 FLAHERTY KWANE NY 153,000.00 11.500 7.875
800771495 800771495 WILLIAMS OYELEYE F NY 93,500.00 11.750 7.725
800772378 800772378 ROGERS CONNIE NV 27,000.00 12.750 8.250
800773293 800773293 YOUNG CARY IN 111,350.00 11.625 7.000
800774069 800774069 GRADWELL RAYMOND K PA 21,000.00 10.375 6.750
800774135 800774135 JACKSON BETTY A MI 25,190.51 10.750 7.375
800774929 800774929 PRENTISS JOHN NJ 80,000.00 9.625 5.875
800775090 800775090 WICKS DAVID W GA 90,920.12 11.375 7.375
800776155 800776155 BAKER WILLIAM OH 91,300.00 7.875 5.000
800776262 800776262 GAZAK STEPHEN J NJ 274,256.13 10.000 7.300
800778730 800778730 MENSAH JOYCE NJ 81,900.00 9.000 5.500
800779118 800779118 ELBERT DENISE PA 109,180.41 10.375 6.750
800779548 800779548 TAYLOR SHATONYA IN 65,250.00 10.125 6.250
800779621 800779621 GARDNER DAVID IL 61,700.00 12.750 8.375
800779837 800779837 KASSICK JOHN J JR NJ 64,978.65 11.375 7.500
800781890 800781890 POLITO JOYCE CO 75,000.00 10.000 8.875
800782260 800782260 VARGAS RAYMONDO RASCON UT 131,765.92 8.250 7.375
800782815 800782815 FRUNER JOHN D PA 148,000.00 9.500 6.125
800784100 800784100 JOBSON KARL NY 153,900.00 11.000 7.375
800784605 800784605 STACKS KEITH L UT 192,100.00 11.625 8.250
800785115 800785115 SHOTWELL SHANE C UT 76,500.00 10.250 8.125
800785578 800785578 DAVIS TRACY G SC 112,465.02 11.625 7.625
800786543 800786543 BOWEN KATHY OH 84,150.00 10.375 7.000
800786741 800786741 SOLLORANO SOLEDAD AQUINO CA 178,500.00 7.750 4.500
800786899 800786899 GRIFFIN PETER MI 130,400.00 9.625 6.625
800788358 800788358 MCDONALD BOBBY M NC 75,600.00 10.500 7.125
800788960 800788960 OWEN MARILYN C MD 64,600.00 9.875 6.500
800789414 800789414 STORM FRANK D PA 31,600.00 11.000 7.000
800789562 800789562 OWUSU ANSAH JOSEPH NY 92,700.00 9.875 6.250
800789695 800789695 KELLEY COLIN PA 45,031.11 10.250 6.250
800790222 800790222 AUTRY SHARON D NC 34,800.00 11.625 7.750
800791154 800791154 CHRISTIE DOUGLAS R UT 268,000.00 8.875 6.750
800791840 800791840 SAVAGE, NEAL T. OH 49,300.00 11.375 7.000
800792400 800792400 GILMARTIN JOHN NY 130,000.00 11.625 7.500
800792780 800792780 WAGNER BONNIE J WA 48,500.00 9.250 6.250
800792871 800792871 KREGER JEFFREY H PA 63,000.00 9.875 6.250
800792970 800792970 MARTINEZ FERNANDO PA 85,500.00 9.875 6.250
800794083 800794083 ESPOSITO LAURENCE R IL 180,000.00 10.000 6.625
800794612 800794612 ARNOLD STEVEN MI 75,555.37 8.625 5.375
800795734 800795734 WARD ARCHIE G IN 60,300.00 9.875 6.250
800796542 800796542 SMITH JOANNE K MA 92,000.00 9.875 5.500
800796591 800796591 LANG KATHERYN L CO 118,575.00 10.625 7.500
800798373 800798373 GLOVER DENYSE M PA 48,450.00 10.750 7.200
800798829 800798829 CHESTNUT MARCIA PA 54,384.43 12.000 7.875
800799652 800799652 GLAZIER JOHN A NY 167,940.10 11.000 7.625
800801912 800801912 DREW GENA R PA 66,816.00 10.750 7.375
800802365 800802365 TRACY DAVID M OH 40,000.00 11.375 8.375
800802381 800802381 HAWKS CLINT N UT 134,100.00 9.875 6.250
800802506 800802506 VINCENT DEIDRE P SC 31,950.00 10.875 7.250
800803124 800803124 BRASWELL SIDNEY G GA 129,240.00 10.250 6.875
800803355 800803355 ADAMS BARBARA J IN 49,600.00 10.625 6.190
800803363 800803363 SARRATT ROOSEVELT SC 45,475.00 10.500 6.250
</TABLE>
<PAGE>
Page 21 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800803751 800803751 WILLIAMS DONALD G PA 108,409.17 10.750 7.375
800803926 800803926 ESPOSITO MICHAEL C NJ 127,940.48 10.625 7.800
800804593 800804593 HOOVER GARY A PA 40,000.00 9.375 5.750
800805970 800805970 RICHARDSON LOUISE GA 247,887.33 9.875 6.250
800806010 800806010 JOHNSTON JANET L CT 302,165.02 10.625 6.860
800806242 800806242 DUGAL DANA A GA 102,000.00 9.000 5.875
800806531 800806531 MCCARRELL DAWN M CO 100,000.00 8.250 5.375
800806606 800806606 CURRIE GEORGE J MI 145,649.44 11.125 7.500
800806978 800806978 WILLARD WILLIAM R TX 111,600.00 8.375 4.500
800807208 800807208 MINTZ JERRY NC 62,900.00 8.625 5.000
800807265 800807265 SIMMONS SAMMY EARL NC 86,400.00 10.875 7.250
800807596 800807596 WEBB MARK W MI 124,900.00 10.625 6.750
800807679 800807679 OROARK WAYNE L MD 499,500.00 8.625 5.000
800808974 800808974 MOREO MARY RUTH PA 44,200.00 12.750 8.375
800809956 800809956 MATHIS MICHAEL S TX 76,415.00 9.375 7.000
800810301 800810301 DANCY ROCHELLE D MI 90,000.00 11.000 7.375
800811317 800811317 ANDERSON ROBERT MI 51,000.00 11.375 7.375
800811424 800811424 MARSHALL THOMAS PA 108,500.00 10.625 6.750
800811432 800811432 BRYANT-LIEBR LYNDA MI 72,161.58 9.125 5.375
800811499 800811499 WEIDOW PAUL PA 72,000.00 12.625 8.750
800811663 800811663 SOFRONSKI ANNA PA 68,000.00 10.750 6.750
800812026 800812026 HALL CARYL NY 242,250.00 9.375 6.000
800813172 800813172 LORA RUDIS FL 182,750.00 10.875 7.000
800813487 800813487 CUMBO NICHOLAS C NY 46,735.46 11.625 7.450
800815052 800815052 ETHERIDGE ANNA NY 85,000.00 8.125 4.750
800815334 800815334 BAEZ MIGUEL A NJ 160,000.00 9.875 6.250
800817959 800817959 COLES ANTHONY PA 41,650.00 9.125 5.500
800818494 800818494 ALLEN BELINDA L OH 64,000.00 8.250 4.875
800819260 800819260 CARTER LARRY NJ 128,000.00 12.500 9.500
800819443 800819443 WOLLETT JOHN PA 127,940.28 9.750 6.550
800819484 800819484 MARSHMAN ROBERT G JR PA 28,800.00 11.625 7.500
800819492 800819492 RABBIT CHRISTOPHE MI 40,500.00 11.125 7.750
800819591 800819591 GRAY GENIVER NY 229,419.37 11.500 7.890
800820508 800820508 NICKOL JEFFREY A GA 283,500.00 9.625 5.875
800820573 800820573 GRACE FELISA NJ 27,920.00 12.500 9.500
800820912 800820912 HENNERMAN MELANIE R CO 99,450.00 11.250 7.875
800821282 800821282 ROA LUCINDA PA 82,000.00 7.875 4.500
800821399 800821399 PARLOVE DOMINIC J MI 178,397.30 8.750 5.000
800821589 800821589 MAHDI JOYCE E MI 76,500.00 10.250 7.375
800821605 800821605 YOUNG GREGORY S NY 67,500.00 9.625 6.250
800822975 800822975 MARIN MANUEL NJ 115,000.00 10.500 6.875
800823833 800823833 LUNA ALFRED P NM 77,668.00 10.125 6.750
800823999 800823999 JOHNSON DENE M CO 94,500.00 9.625 6.250
800824203 800824203 BRITTON JACQUELINE C MD 24,500.00 10.750 6.000
800825697 800825697 EADS WILLIAM NC 70,550.00 10.625 7.250
800825929 800825929 PAWLOWSKI DANIEL E NY 55,165.00 11.500 7.875
800826711 800826711 PIZANO MARTIN AZ 48,774.89 12.500 8.625
800826802 800826802 BAHRI TOM I MI 43,200.00 8.875 5.750
800826919 800826919 DEWEY LIBBY CO 94,952.03 9.375 6.375
800827628 800827628 RIDENOUR FRED M NM 84,150.00 9.875 6.250
800827909 800827909 WHALEN ROBERT J PA 110,700.00 9.375 5.750
800829822 800829822 SALAZAR CRECENCIO E PA 145,900.00 12.375 8.625
800829962 800829962 BOUCHER ERIC T PA 19,800.00 9.625 6.250
800830341 800830341 GARCIA STANLEY E CO 102,000.00 11.000 7.875
800830432 800830432 HUNTER LOUISE MD 73,600.00 13.375 9.500
800830903 800830903 MCGRAW JAMES C WA 84,915.00 10.875 6.250
800830911 800830911 BOWDEN DOUGLAS L OK 60,350.00 10.625 6.750
800831109 800831109 ZHELESNIK MARY ANN PA 123,000.00 8.375 5.500
800831174 800831174 CASON JOHN STEVE GA 140,415.00 10.250 7.375
800831257 800831257 ISMAIL SULAIMEN PA 64,000.00 10.875 7.250
800831323 800831323 WEITZ EDWARD W PA 78,300.00 9.625 6.250
800832297 800832297 KUTNEY MARIA PA 162,400.00 12.375 8.625
800832487 800832487 BARBEE DAMON MI 56,900.00 11.375 7.375
</TABLE>
<PAGE>
Page 22 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800832834 800832834 ROJAS FRANKLIN G IN 68,000.00 13.250 9.125
800833014 800833014 MITTON O LAMAR UT 140,250.00 11.000 7.875
800833188 800833188 HORVATH DENNIS J MN 81,200.00 12.500 8.125
800834244 800834244 SADIK WALEED MI 113,000.00 8.000 5.000
800834707 800834707 PARDUE STACY R. IN 30,100.00 9.875 6.250
800835753 800835753 BANNON MICHAEL R PA 189,000.00 9.875 6.500
800836074 800836074 GIARDINA JOSEPH NJ 95,000.00 11.250 7.375
800836850 800836850 MUNNS KELLY A UT 298,000.00 8.500 6.500
800836926 800836926 MORELLI RODOLFO AZ 72,219.71 10.250 6.250
800837064 800837064 DOUGLAS CHRISTOPHE NY 255,000.00 11.625 7.600
800837171 800837171 JESSIE PRESTON PA 34,000.00 10.500 6.250
800837734 800837734 PEREZ IGNACIO TX 112,000.00 12.125 8.000
800838435 800838435 ARGUE MICHELLE M MI 44,000.00 13.375 9.500
800838575 800838575 ARNOLD KATHLEEN T CO 165,000.00 9.875 6.250
800839060 800839060 STINGLEY LAURA UT 105,400.00 10.125 6.500
800840498 800840498 ALGAHIM HUSAIN MI 67,500.00 9.625 6.625
800840522 800840522 ROTHSCHILD LANCE M CO 118,800.00 9.125 6.250
800840852 800840852 HUYCK RAYMOND T JR PA 140,400.00 8.250 5.500
800841397 800841397 NASTASI JAMES NY 118,800.00 8.500 5.500
800841900 800841900 GATKE PAM NY 122,400.00 9.875 6.250
800842148 800842148 WILSON WAYNE PA 128,000.00 13.000 9.375
800843344 800843344 BICKFORD BARBARA FL 67,500.00 9.875 6.250
800844755 800844755 PINCUS JOYCE NJ 92,000.00 9.750 6.250
800845406 800845406 TURNER MICHAEL T IN 51,000.00 11.375 7.000
800846131 800846131 REYNOLDS JAMES C FL 200,000.00 8.375 5.000
800846792 800846792 MCGIVERN JASON A IN 13,600.00 10.500 6.250
800846826 800846826 MYERS DWAYNE E PA 56,750.00 10.000 6.250
800847535 800847535 LAM AI THU TX 87,700.00 8.750 5.500
800848111 800848111 NACE ELAINE FL 72,250.00 10.875 6.500
800848905 800848905 CATTELL LISA NY 89,165.00 11.500 7.875
800849119 800849119 MOLLOHAN CHARLOTTE A. FL 51,880.00 9.375 5.750
800849648 800849648 NAPOLITANO LISA PA 43,600.00 8.500 5.000
800850281 800850281 CATLIN DANIEL N WA 36,000.00 9.125 5.250
800850661 800850661 BENNETT CLARK MI 60,800.00 11.875 8.000
800851180 800851180 BLANCO JOSE NY 112,500.00 10.750 7.375
800851347 800851347 TOMBERLIN JAMES H GA 51,000.00 10.500 6.250
800851511 800851511 GUY MARK E PA 20,400.00 10.500 6.250
800852410 800852410 POPIELA TIMOTHY L NJ 184,500.00 9.875 6.750
800852675 800852675 CASH LACINDA GA 138,550.00 11.500 8.375
800853269 800853269 SANDERS TERRY S WA 119,200.00 13.125 9.750
800853319 800853319 ALVAREZ MODESTO NJ 91,916.06 9.875 6.800
800853632 800853632 MATHIS CASSANDRA D TX 83,206.00 10.125 6.500
800854929 800854929 PIMENTEL GINA L PA 75,200.00 9.500 6.000
800855397 800855397 MITCHELL STANLEY TX 94,800.00 10.250 6.000
800855850 800855850 BUENO ABIGAIL CO 52,275.00 9.875 6.250
800855884 800855884 BOEN RICHARD UT 348,500.00 11.500 7.875
800856676 800856676 KOEKER JOHN DAVID CO 98,880.00 8.500 6.125
800856825 800856825 KOEKER JOHN DAVID CO 90,800.00 8.500 6.125
800856957 800856957 KOEKER JOHN DAVID CO 81,520.00 8.500 6.125
800857229 800857229 MCKENRICK DAN CO 121,500.00 6.875 6.250
800857245 800857245 NEVE SUE F CO 106,675.00 10.375 6.750
800859597 800859597 SHINN VIRGINIA LEE CO 251,000.00 9.375 6.500
800862187 800862187 COURTIER CAROL J NY 24,300.00 10.375 6.950
800862575 800862575 PARMAR PRAKASH CT 293,250.00 8.875 5.000
800863045 800863045 WILLIS AJ MI 168,000.00 8.625 5.000
800863599 800863599 MULVERHILL JOHN F NY 55,890.00 10.500 6.250
800863623 800863623 LYNCH KEVIN CO 104,000.00 9.625 5.750
800863730 800863730 KORENSKI DAVID PA 136,000.00 11.750 8.750
800864076 800864076 AKSELRUD VALERY NY 191,160.00 11.000 7.375
800864472 800864472 TATE CATHY ANN PA 100,800.00 12.375 8.250
800864480 800864480 SCHELL KARL E PA 136,800.00 10.125 6.250
800864985 800864985 VELAZQUEZ BETTY JEAN NC 79,200.00 11.375 7.250
800865875 800865875 RAINES J. SCOTT SC 120,150.00 10.125 6.250
</TABLE>
<PAGE>
Page 23 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800866527 800866527 GRAY RICHARD A AZ 162,350.00 9.000 5.875
800866592 800866592 NAFSO THAIR A MI 169,500.00 8.750 5.750
800866758 800866758 MITCHELL DONALD NY 108,000.00 11.000 7.375
800867129 800867129 GARCIA MICHAEL AZ 42,700.00 10.000 6.375
800869166 800869166 JORSTAD KATHLEEN ANNE CO 164,050.00 8.000 5.000
800869364 800869364 VINSON LESLIE D MD 35,520.00 8.500 5.000
800869992 800869992 JONES JEANELLE V GA 89,600.00 11.000 8.000
800870131 800870131 FOUST ROBERT A NC 90,100.00 10.125 6.750
800870446 800870446 DOWNS VIRGINIA A WA 233,750.00 7.875 4.125
800870511 800870511 GOSTENIK RICHARD D CO 162,400.00 10.750 7.500
800870826 800870826 MCALPINE HERBERT PA 22,500.00 9.875 6.250
800871139 800871139 ANDREYTCHEV GUEORGUI FL 58,500.00 10.125 6.250
800871147 800871147 MERISIER JEAN PA 149,200.00 9.000 5.500
800872764 800872764 SCHUTTE MICHAEL R OH 59,400.00 10.125 6.250
800872897 800872897 FUS MARIA IL 83,200.00 10.125 6.000
800873200 800873200 BRUCH VICTOR J PA 51,750.00 11.500 7.250
800873408 800873408 PIRRELLO RAYMOND JR NJ 118,090.34 9.375 5.500
800873416 800873416 RABEH REMONE W PA 56,100.00 10.750 6.250
800873457 800873457 GREEN WILLIAM D MI 95,400.00 10.500 7.375
800873473 800873473 WILLIS CALVIN D IN 67,000.00 10.500 6.250
800873499 800873499 HAFTL CHERYL A PA 55,165.00 10.750 6.250
800874554 800874554 POLLARD BRIAN CO 114,000.00 9.625 5.750
800875023 800875023 PORTILLO JOSE F VA 108,000.00 9.625 6.250
800877029 800877029 BLANK GERALD D PA 83,200.00 10.875 7.000
800877268 800877268 STEWARD DELORES PA 30,000.00 10.375 6.000
800877706 800877706 KORENBLITT BARRY T AZ 174,144.44 8.500 4.750
800877821 800877821 MCMILLAN JONATHAN D NJ 140,630.00 10.875 6.750
800877888 800877888 DE LA FUENTE JOHN AZ 207,000.00 9.500 5.875
800878282 800878282 THOMPSON MICHAEL A CO 151,200.00 9.625 6.250
800878548 800878548 CANNING JOANNE G PA 87,550.00 8.625 5.000
800880999 800880999 BYERS JAY WILLIAM WA 120,800.00 9.000 5.750
800881005 800881005 PARQUET LL0YD J JR GA 93,510.00 10.375 6.625
800882334 800882334 MAHABIR DHARAMDEI FL 36,000.00 11.375 7.500
800882920 800882920 BURROWES LANCE NY 207,000.00 10.875 6.850
800883043 800883043 ADAMS RICHARD O. IN 98,000.00 11.875 7.250
800883191 800883191 KINDELL KEITH T OH 157,250.00 11.750 7.375
800884231 800884231 GOOD LOREEN D PA 114,500.00 10.375 6.500
800884397 800884397 PHILLIPS KENNETH GA 98,910.00 10.500 6.875
800885659 800885659 MCLAUGHLIN-C KELLY NJ 60,000.00 9.500 5.500
800885949 800885949 ACCARDI MARIE F PA 66,000.00 9.125 5.750
800887655 800887655 BURELL DERRICK A. FL 28,500.00 9.375 5.250
800887994 800887994 MARINO JAMES PA 136,000.00 10.875 7.500
800888299 800888299 ROBERTO WILLIAM A CT 317,200.00 13.375 8.750
800889065 800889065 SMITH CLIFFORD B UT 216,665.00 8.875 6.750
800889826 800889826 MILLER MARK E AZ 84,900.00 9.125 7.125
800891582 800891582 FULTON WILLIAM R NY 126,000.00 11.000 7.375
800892762 800892762 CARBAJAL NICOLAS E AZ 93,000.00 11.125 7.000
800893687 800893687 GAINES GARRY S PA 159,800.00 9.875 6.000
800893901 800893901 EEROLA TEPPO FL 48,000.00 8.750 5.000
800894263 800894263 HUMPHREY DANIEL FL 47,200.00 11.250 7.000
800896797 800896797 EDWARDS LAURA L MI 140,000.00 9.125 5.750
800897373 800897373 COULTER ANTHONY P. NC 84,065.00 11.625 7.000
800897506 800897506 LAUCHNOR PATRICIA A E PA 114,250.00 9.125 6.250
800897811 800897811 TRICE WILLIE FL 93,500.00 10.625 6.500
800898504 800898504 ABER RICK E AZ 42,000.00 10.125 6.375
800899007 800899007 CAMPBELL YVONNE ROSS NJ 70,000.00 12.375 8.000
800899429 800899429 TAYLOR SHARON PA 39,200.00 9.750 6.000
800899999 800899999 KOSTA ROBERT NY 164,000.00 10.500 7.500
800900821 800900821 IEZZI RONNIE L NJ 197,200.00 9.375 5.500
800901209 800901209 LONG JOHN T FL 43,200.00 9.875 5.750
800901985 800901985 FRENCH BARBARA JO OH 57,000.00 11.625 7.500
800902553 800902553 NEUMUELLER RONALD L AZ 233,500.00 10.000 6.875
800904807 800904807 KHOURY NASSAR IL 204,627.78 11.000 8.450
</TABLE>
<PAGE>
Page 24 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800907115 800907115 ABERNATHY DEBORAH J OH 38,250.00 11.250 7.000
800908097 800908097 JOHNSTON CLARISSA AZ 251,600.00 9.875 6.500
800908204 800908204 HAEGER HERMAN R FL 61,750.00 11.875 7.250
800911554 800911554 HILLIARD JOHNNEY TX 119,000.00 9.000 5.750
800911562 800911562 MAULDEN MICHAEL TX 119,000.00 9.625 6.250
800912982 800912982 OSBORNE ROBERT S OH 119,900.00 11.375 7.250
800914095 800914095 LEISE MARIA H MENDEZ FL 81,600.00 10.750 7.500
- ------------------------------------------------------------------------------------------
Loans in Servicing not yet tagged for sale 446 49,675,419.67
800613457 LIP FERNANDEZ NICETA NJ 52,000.00 12.500 9.500
800639114 LIP WHEELER GLENN B GA 50,400.00 10.250 6.625
800691602 LIP JOHNSON DEBRA L OH 66,000.00 12.875 9.000
800692832 LIP MICKENS MALLIE M NJ 108,000.00 10.375 6.625
800704504 LIP WILSON ANTHONY S OH 64,800.00 12.875 9.250
800706814 LIP BROOKS JACQUELINE M UT 117,000.00 8.250 7.375
800710410 LIP GOTTSHALL DAVID A PA 25,200.00 10.500 7.125
800714016 LIP WEIK CATHY IL 57,600.00 13.375 9.500
800723546 LIP ALBARRAN BEATRIJS L NY 74,700.00 10.625 7.000
800723868 LIP BELLES JOSEPH PA 85,600.00 12.500 9.500
800730269 LIP THORNTON OTIS J NJ 69,000.00 9.750 6.625
800734204 LIP ROSARIO RAPHAEL NJ 115,920.00 12.375 8.625
800737579 LIP JENKINS DAVID F PA 53,100.00 10.375 7.000
800741910 LIP CARTER ROBERT J OR 147,600.00 8.500 7.125
800744104 LIP HUGHES CALVIN PA 75,600.00 9.625 6.250
800745655 LIP SECRIST KIRK C UT 156,400.00 8.750 7.875
800754582 LIP JACKSON JR CHARLES E PA 39,000.00 10.125 5.750
800754830 LIP DAVISON JUDY UT 124,950.00 11.750 8.125
800757882 LIP ROVER CHUBBY IL 116,250.00 12.250 9.250
800758385 LIP NATERA ALICE V PA 28,000.00 12.125 8.000
800759896 LIP JACE ANTHONY NJ 117,600.00 11.750 7.500
800761769 LIP WOOTEN KEITH J UT 148,000.00 10.875 9.500
800763088 LIP MAXWELL JR FRED WV 58,650.00 11.625 7.625
800765125 LIP JORDAN FRANK IL 58,800.00 11.750 7.625
800765349 LIP OWEN JEFF A WV 52,000.00 12.625 8.750
800767402 LIP GILL CHARLES F MD 92,000.00 13.125 9.250
800768608 LIP WOZNIAK DAVID H PA 65,300.00 11.500 7.625
800768939 LIP AMAYA MARTHA GA 71,550.00 9.375 5.875
800773525 LIP CUMMARO LAURA CO 214,110.00 8.875 7.000
800774150 LIP LUCKEL BARBARA L WV 46,800.00 9.625 6.875
800776981 LIP SAKHAROVICH YEFIM NY 123,250.00 8.875 5.875
800783235 LIP LISCO ANTHONY NJ 116,250.00 9.750 6.250
800786311 LIP GELB EDWARD NY 95,250.00 9.125 5.750
800788762 LIP SORIA ELPIDO G CA 107,000.00 11.250 7.375
800788986 LIP PEASE LISA PA 52,500.00 8.875 5.250
800795882 LIP BITA DANIEL MI 93,400.00 8.750 5.000
800797391 LIP SAYLOR EVAN E PA 86,400.00 10.000 6.625
800799454 LIP STRACHOTA LEWIS D IA 31,800.00 13.125 8.750
800801045 LIP PEDRO CELIA R NJ 224,650.00 11.000 7.375
800801482 LIP PATRICK JEFFREY EDWARD MD 96,000.00 9.000 5.500
800801797 LIP GIPSON ISAIAH IL 80,000.00 8.875 5.000
800804015 LIP REAM RUSSELL R PA 50,210.00 11.875 8.000
800810350 LIP NARRIN NANCY J MI 76,000.00 10.250 6.625
800812695 LIP ELGONAIMAN WALEED M OR 80,000.00 9.875 6.250
800813305 LIP HALCHAK GERALD PA 62,100.00 10.000 7.000
800814204 LIP LLEWELLYN MARIA CO 74,750.00 10.125 6.000
800815540 LIP MITCHELL HARRY UT 88,900.00 11.625 8.000
800816449 LIP PIERSON ROBERT WA 90,000.00 10.250 6.500
800816456 LIP WATSON JOHN T. IL 90,000.00 9.250 5.875
800817215 LIP KAVTHEKAR ATUL NJ 178,000.00 9.500 6.125
800818403 LIP ELLIOTT JEFFERY L. OH 82,400.00 11.875 8.937
800818486 LIP MUNDY ALAN PA 82,800.00 10.250 7.375
800819583 LIP MOUNTS MARK A KY 76,800.00 13.250 9.125
800819633 LIP SAYLOR CARL KY 54,400.00 11.500 8.125
</TABLE>
<PAGE>
Page 25 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800820151 LIP BEATTY TRACY ELIZABETH UT 231,200.00 9.375 5.500
800820334 LIP MASTEN JOSEPH L GA 95,300.00 10.375 7.000
800820409 LIP WHITWORTH SANDRA MI 79,400.00 11.000 7.625
800823536 LIP CROUSE ROBERT JOHN NJ 101,000.00 10.750 7.125
800824625 LIP BALLARD CAROLYN J NC 264,000.00 9.250 5.500
800828501 LIP BITTINGER JOSEPHINE MI 34,200.00 8.875 5.125
800829756 LIP WILLIAMS BEAUVEAU B MI 220,000.00 9.500 6.125
800829954 LIP ANGELES NORMA M NJ 83,000.00 10.750 7.000
800830762 LIP NEARY DAVID J WI 73,950.00 12.250 8.375
800833642 LIP MISEL ROBERT A CO 216,000.00 9.375 6.250
800833907 LIP GOODWIN REX D UT 69,625.00 9.625 6.250
800835399 LIP SALZAN MARK NY 98,807.00 12.125 8.250
800836249 LIP TARESS JEFFREY A OH 121,410.00 10.875 8.950
800836264 LIP WESLEY SHERRY E OH 61,200.00 10.375 6.950
800837023 LIP ZEIDERS JACOB W MD 520,000.00 7.875 5.500
800837528 LIP DERCQU CHERIE Y PA 56,660.00 11.375 7.750
800838955 LIP COLLINS SUSAN K FL 42,400.00 11.625 7.500
800840084 LIP BAILEY ROY D KY 59,200.00 8.125 5.000
800841298 LIP KELLY CHRISTOPHER J PA 107,360.00 12.750 9.125
800841587 LIP BENNER BRYCE R PA 120,000.00 11.375 7.375
800841918 LIP WALSH JR JOSEPH A PA 80,750.00 10.750 7.375
800842502 LIP WILSON ELMER G KY 58,400.00 13.250 9.125
800844987 LIP FISHER DANA NJ 75,000.00 11.750 8.000
800846206 LIP WOLFLEY CHARLOTTE CAROL UT 118,400.00 8.250 6.875
800847394 LIP ROBERSON LESLIE W TX 73,780.00 10.875 7.000
800847501 LIP DALY DENISE A CO 93,600.00 9.500 6.125
800847568 LIP MILLER JOHN MD 24,000.00 15.500 10.750
800849903 LIP HATCHER JR JAMES FL 55,675.00 9.125 5.500
800850307 LIP BEECROFT JAMES UT 88,000.00 9.250 6.500
800852535 LIP HUGGINS WILLIAM D PA 21,250.00 10.500 6.250
800853962 LIP PARRY BRIAN UT 234,000.00 10.250 7.125
800856890 LIP KOEKER JOHN DAVID CO 98,000.00 8.500 6.125
800858953 LIP PETTINATI SUNNARIA NY 369,750.00 11.375 7.500
800862310 LIP PEACOCK CONNIE M FL 25,500.00 7.750 4.500
800862815 LIP RICE HELEN IN 44,100.00 9.125 5.750
800864100 LIP HANCHETT MYRON G UT 168,300.00 11.250 7.875
800865685 LIP MILLIMAN ARTHUR R MI 112,500.00 10.875 6.500
800866279 LIP BLOSCH MARVIN UT 109,875.00 10.250 7.125
800867798 LIP BUCKELEW JAMES NJ 90,000.00 10.875 6.750
800868077 LIP MCGEEVER REBECCA J PA 63,000.00 9.500 5.500
800868564 LIP ERICKSON WALLEY UT 110,000.00 8.875 5.375
800868655 LIP BRATTON ANNA L VA 53,200.00 11.750 7.500
800869331 LIP ROBERDS WENDY UT 144,500.00 10.500 6.250
800870354 LIP MERRILL TIM R UT 176,000.00 8.250 7.875
800870818 LIP KITLAS RONALD M PA 51,000.00 8.750 5.500
800871428 LIP SOWINSKI TADEUSZ P PA 116,000.00 10.125 6.625
800871535 LIP ROSENBURG WILLIAM LEWIS PA 76,000.00 11.875 7.875
800872996 LIP WISSER BEVERLY ANN AZ 86,400.00 8.125 5.000
800873747 LIP MCALPINE HERBERT PA 39,750.00 9.875 6.250
800875288 LIP LEVINE HARVEY NY 500,000.00 9.875 6.625
800877136 LIP BOOTH CORDIA E CO 74,800.00 8.375 5.750
800878183 LIP HENDRIX LARRY GENE CO 119,200.00 9.500 5.500
800882896 LIP MCNEILL JR WILLIE NC 49,000.00 8.875 5.000
800882946 LIP HURD OMAR K NY 120,000.00 10.875 7.375
800884132 LIP FAKIH NABIL MI 58,000.00 10.625 6.625
800888398 LIP ALGOO JAIRAM MN 292,500.00 13.250 8.625
800889388 LIP ALEXANDER EDWIN P GA 76,882.00 10.750 6.250
800889644 LIP CARROLL REX H UT 195,415.00 9.625 6.000
800889719 LIP HERBERG CHERYL CO 98,600.00 11.875 7.750
800890915 LIP MONTGOMERY LOUISE MI 49,600.00 13.625 9.500
800892655 LIP RODRIGUEZ TERRI L CO 91,200.00 12.625 8.750
800893778 LIP JENKINS SHEILA R OH 29,900.00 10.125 5.950
800894511 LIP BECKER LISA A PA 62,600.00 9.875 6.250
</TABLE>
<PAGE>
Page 26 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800894628 LIP CARRELLI DENNIS D PA 137,000.00 9.875 6.125
800895070 LIP DASCOMB VERN P WA 85,150.00 12.625 8.250
800896185 LIP LUGO PEDRO AZ 190,000.00 9.500 5.750
800896698 LIP TICAK SONJA OH 112,800.00 12.125 8.000
800898165 LIP KOEKER JOHN DAVID CO 96,000.00 8.500 6.125
800899312 LIP HEAP MARK A CO 255,000.00 10.250 7.625
800900201 LIP RICKS MARGARET D NJ 57,000.00 13.375 8.750
800900763 LIP RAY REBECCA A. MI 80,400.00 9.875 6.000
800901274 LIP NAGEL TOM W CO 115,000.00 9.125 5.250
800903023 LIP MONTENARY DANIEL P PA 46,750.00 11.375 7.000
800905036 LIP DESMOND BETTY E PA 48,750.00 10.000 6.000
800905473 LIP GOLDEN JOHN M TX 46,400.00 9.875 6.000
800905861 LIP THOMPSON WILLIAM A TX 92,700.00 11.125 8.300
800906158 LIP FORSYTHE LINDA PA 33,150.00 10.500 6.250
800909616 LIP MIDDEE THASANA MD 57,800.00 8.750 4.750
800909681 LIP LICATA PETER WY 150,000.00 8.250 4.750
800911844 LIP VOLINSKY JEAN E PA 52,000.00 9.625 5.750
800912768 LIP SMITH BENJAMIN C PA 46,000.00 10.125 5.750
800917429 LIP FARRELL JAMES MA 111,350.00 10.250 6.750
800918336 LIP SUTTON JOHN B MI 69,000.00 9.250 6.050
800920837 LIP KLAPROTH JAMES CO 228,000.00 9.750 6.375
800921017 LIP VARGAS EFREN AZ 211,100.00 9.000 5.875
800927345 LIP MATTHEWS JANNIE M TX 153,929.00 11.375 7.000
800927618 LIP VIRKUS LUANNE L CO 240,000.00 10.625 8.000
800930117 LIP IOVINO JAMES C AZ 114,750.00 10.250 6.875
800930166 LIP HAMILTON CHARLES R AZ 28,400.00 9.875 6.500
800937237 LIP HASLAM SR JOHN B NY 124,600.00 12.375 6.950
- -------------------------------------------------------------------------------------------
Loans Funded and not yet in Servicing 144 15,056,958.00
Total ARM Loans Funded and Available: Class II 590 64,732,377.67
</TABLE>
<PAGE>
Page 27 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
FIXED RATE LOANS SET TO CLOSE
- -----------------------------
<S> <C> <C> <C> <C> <C> <C>
106162632 n/a VARGAS LUIS E RI 160,000.00 12.050 0.000
106162634 n/a BALDWIN ARTIS L DC 108,500.00 10.700 0.000
106162936 n/a OGUNFOWORA OLUGBENGA NJ 235,000.00 11.950 0.000
106163582 n/a SENECAL DAVID NH 110,000.00 11.500 0.000
106163839 n/a GONZALEZ ROSA NY 150,000.00 13.300 0.000
106163983 n/a WIEDER SHALOM NY 87,500.00 13.900 0.000
106164513 n/a ALLISON WILLIAM ROBERT CA 86,000.00 10.300 0.000
106164530 n/a JACKSON GABRIELLE IL 261,800.00 13.450 0.000
106164537 n/a DAVIS-GIDEON GWEN PA 15,000.00 11.150 0.000
106164617 n/a CASSETTY PATRICK E KY 52,000.00 9.550 0.000
106164739 n/a STONE KAREN PAULSEN CA 90,000.00 9.750 0.000
106164749 n/a BURGESS RONALD L IL 52,000.00 9.500 0.000
106164851 n/a WILHELM ELLEN L. OH 33,000.00 9.400 0.000
106164875 n/a SALAHUDDIN BILAL IL 66,500.00 8.460 0.000
106164922 n/a BROWER LARRY D. CO 24,000.00 9.900 0.000
106164964 n/a CORROZZO CARMEN J IL 41,000.00 10.900 0.000
106164997 n/a SANDERS, JR. ROOSEVELT IL 90,700.00 13.000 0.000
800549891 n/a TESAURO LISA ANN NJ 40,000.00 11.000 0.000
800558678 n/a BUSTOS GUADALUPE FL 55,800.00 11.500 0.000
800571036 n/a LARSON JAMES N WI 25,100.00 10.050 0.000
800604241 n/a VOLPE MARYANN NY 35,000.00 12.400 0.000
800604878 n/a KHAN MOHAMMED NY 160,000.00 10.500 0.000
800609331 n/a KRAMER MICHAEL M MA 62,213.00 12.200 0.000
800616021 n/a GLINKE GEORGE G. MI 71,600.00 13.750 0.000
800622276 n/a JUDY JILL L FL 31,500.00 10.450 0.000
800629875 n/a BRUMMETT RAYMOND PA 28,700.00 10.990 0.000
800632127 n/a BURDIEZ DANNY NY 85,000.00 11.900 0.000
800645210 n/a FORBES PAULINE NY 80,000.00 12.850 0.000
800649956 n/a GIOBBE II JOSEPH L DE 42,000.00 11.350 0.000
800652364 n/a KERNS ELWOOD H PA 59,150.00 13.990 0.000
800659682 n/a JONES TYRONE PA 80,750.00 10.750 0.000
800661043 n/a ALEQUIN RAYMOND L NY 157,500.00 10.700 0.000
800662314 n/a TAYLOR DAVID COLE OR 114,000.00 9.700 0.000
800670002 n/a JONES BERNICE M NJ 74,400.00 13.100 0.000
800672693 n/a COLEMAN JEFFREY MI 26,600.00 11.600 0.000
800673733 n/a FRANCO SCOTT C PA 134,300.00 10.850 0.000
800673808 n/a COOLONG JON NJ 165,000.00 11.150 0.000
800674780 n/a CLARK ROBERT J PA 118,350.00 10.990 0.000
800675589 n/a GLICK DORIS NJ 144,000.00 10.550 0.000
800678823 n/a GLICK DORIS NJ 140,000.00 10.300 0.000
800679425 n/a CALVERT CLEVE MI 28,000.00 14.000 0.000
800680712 n/a GRANTHAM JOHN M MD 46,000.00 11.950 0.000
800680829 n/a MOORE WANDA V PA 35,700.00 13.650 0.000
800681678 n/a SCHNURMAN SETH J WA 32,000.00 12.950 0.000
800683583 n/a AHMAD TEHMEENA NJ 61,650.00 11.200 0.000
800686263 n/a HINTON TALIKA MI 17,500.00 12.000 0.000
800686586 n/a KAFANTARIS JAMES FL 21,000.00 11.000 0.000
800690216 n/a DORSETT THEODORE R. MI 28,000.00 13.750 0.000
800690257 n/a CUTLIP CORA M OH 43,500.00 7.500 0.000
800690745 n/a TAYLOR WILLIE MI 24,000.00 14.240 0.000
800692923 n/a CASTRO RAMON NY 74,250.00 10.550 0.000
800693673 n/a SYDORKO JOHN R NJ 23,000.00 13.050 0.000
800694994 n/a ROBERTS ANTHONY NY 157,500.00 11.800 0.000
800698631 n/a EDWARDS DARLENE M NY 177,500.00 13.500 0.000
800700171 n/a DIXON TENYEH NY 187,000.00 12.500 0.000
800700361 n/a CASSAR MICHAEL NY 89,000.00 12.150 0.000
800702789 n/a KAUFFMAN SCOTT A PA 15,165.00 11.700 0.000
800702912 n/a GIRGENTI LAWRENCE P NJ 127,500.00 11.350 0.000
800703001 n/a SIMUNEK VASILIJ S WA 36,800.00 12.500 0.000
800703746 n/a LALL SOONDAR NY 136,000.00 10.950 0.000
800705261 n/a WHITMAN JR CHARLES L. MI 47,000.00 9.600 0.000
</TABLE>
<PAGE>
Page 28 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800705733 n/a MESSER RONALD D FL 48,800.00 10.700 0.000
800705915 n/a QUILL MICHAEL NY 37,840.00 11.100 0.000
800706699 n/a NATAL ANGEL R NH 40,300.00 14.350 0.000
800707689 n/a GROVES SR ROBERT ALLEN PA 40,000.00 10.250 0.000
800707853 n/a BLEHART JAMES NJ 35,000.00 12.900 0.000
800708018 n/a BUTE GLORIA NY 238,000.00 11.350 0.000
800708372 n/a SMITH KEVIN J PA 63,600.00 8.850 0.000
800708505 n/a LONGWORTH DENNIS J NJ 38,000.00 11.400 0.000
800708778 n/a LIEBOW ERNEST NY 18,000.00 12.150 0.000
800709263 n/a FABBRI DANIEL W MA 26,600.00 10.800 0.000
800710303 n/a GROVE TERRY L PA 67,150.00 9.950 0.000
800711111 n/a RIVERA REINALDO NY 155,000.00 13.500 0.000
800712705 n/a MOLLICA ANTHONY NY 28,000.00 14.500 0.000
800714081 n/a FOLEY JR JAMES A NJ 240,000.00 9.750 0.000
800714966 n/a BOBBITT JUNE H FL 32,311.00 10.550 0.000
800716110 n/a BARRETT, JR. JASPER L. NC 35,000.00 14.600 0.000
800717563 n/a SEDLER JOSEPH J PA 59,270.00 11.250 0.000
800717761 n/a BONEY HENRY LEE NC 57,600.00 11.000 0.000
800719858 n/a ASPER ARTHUR E DE 120,000.00 8.600 0.000
800719957 n/a CESARIO BENJAMIN FL 57,600.00 8.250 0.000
800720252 n/a GUADALUPE PEDRO NY 28,000.00 10.050 0.000
800720351 n/a ABATE JR MICHAEL A PA 58,000.00 11.750 0.000
800721011 n/a CERES ROBERT RI 55,200.00 12.050 0.000
800721334 n/a CARIERI VINCENT NJ 36,500.00 12.500 0.000
800722027 n/a FLECHAUS KIM MORAVEC NY 30,000.00 12.350 0.000
800722456 n/a DEGRAW RICHARD NJ 16,600.00 9.950 0.000
800723322 n/a MCNAMARA PAUL A NJ 32,850.00 9.650 0.000
800724957 n/a BLESSING SR EUGENE T NJ 20,000.00 10.700 0.000
800725061 n/a WOOD RITA E. MI 43,500.00 14.490 0.000
800728552 n/a FALKENBERG CYNTHIA GAY TN 64,800.00 11.500 0.000
800728628 n/a HIGGINS RUDOLPH A NH 13,500.00 11.050 0.000
800728883 n/a BROWN TYRONE A FL 12,700.00 12.200 0.000
800729345 n/a QUIROGA ANGEL NY 160,000.00 11.600 0.000
800729733 n/a YOPP JESSIE M. MI 35,100.00 12.500 0.000
800731770 n/a OLSEN JEFFREY A MN 82,500.00 11.500 0.000
800732638 n/a COLOSIMO RAFFAELE MA 138,975.00 11.700 0.000
800733040 n/a CASTILLO ADALBERTO NJ 31,500.00 12.900 0.000
800733123 n/a CORTEZ CARLOS NY 39,500.00 11.800 0.000
800734295 n/a OVERS BRUCE NJ 53,100.00 11.700 0.000
800734394 n/a CODISPOTI LINDA PA 71,500.00 14.240 0.000
800734766 n/a NADOLNY DANIELLE NY 172,500.00 11.150 0.000
800734972 n/a GITTENS PETER C NY 26,300.00 14.150 0.000
800738577 n/a FARSETTA JOSEPH J. NY 173,900.00 10.100 0.000
800739013 n/a HICKS CHARLES MI 58,000.00 12.900 0.000
800740243 n/a HASSINGER MICHAEL PA 15,400.00 12.990 0.000
800740425 n/a YIM RICHARD C NJ 145,600.00 10.100 0.000
800740771 n/a CAIN HOWARD NY 44,200.00 11.900 0.000
800741126 n/a FORD ADDIE CA 63,700.00 11.775 0.000
800741233 n/a CAREY JOSEPH F NJ 65,000.00 10.150 0.000
800741605 n/a SWANSON ROBERT E. MN 68,000.00 9.000 0.000
800741704 n/a BULSON JAMES CT 34,000.00 12.650 0.000
800744641 n/a TETENES JOHN NY 70,000.00 13.350 0.000
800744716 n/a ROBERTS LEE A NY 42,000.00 11.400 0.000
800744922 n/a MCGRATH TOMONA MA 52,000.00 11.500 0.000
800746273 n/a ANGSTEAD STEVEN P CO 35,250.00 13.250 0.000
800746315 n/a WALKER WILLIAM F NY 22,320.00 10.700 0.000
800746596 n/a CAIN HOWARD NY 44,250.00 12.390 0.000
800746620 n/a COLEMAN RICKIE MI 24,700.00 12.750 0.000
800746653 n/a WRIGHT JAMES MI 22,700.00 14.490 0.000
800746919 n/a DESTANI MENSUR NJ 48,000.00 11.990 0.000
800749160 n/a WHITE GARY MN 24,000.00 12.990 0.000
800749434 n/a DAWSON WHITNEY G WA 44,000.00 12.400 0.000
800749723 n/a WHITE GARY MN 138,000.00 9.500 0.000
</TABLE>
<PAGE>
Page 29 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800750184 n/a HICKEY MICHAEL NJ 60,000.00 10.550 0.000
800750655 n/a CANINO WAYNE J NH 58,500.00 14.350 0.000
800751216 n/a TSAKANIKAS PETER D AZ 65,000.00 10.550 0.000
800751513 n/a VANKIRK DAVID L WV 27,000.00 11.350 0.000
800751877 n/a CAMARDA RICKY NY 71,000.00 11.400 0.000
800751935 n/a WARFEILD MICHAEL NY 28,000.00 12.300 0.000
800752933 n/a SUMMERS JUDY MI 28,000.00 11.200 0.000
800752974 n/a SUMMERS JUDY MI 24,000.00 10.950 0.000
800753014 n/a SUMMERS JUDY MI 32,000.00 10.950 0.000
800753659 n/a STROKE REX S AZ 16,970.00 11.250 0.000
800754202 n/a DAVIS KAREN D MD 60,000.00 12.500 0.000
800754608 n/a KINNEL VALISA R GA 46,400.00 12.150 0.000
800755852 n/a MARGOLIES NEIL NY 85,000.00 11.650 0.000
800757296 n/a HARMON WALTER W VA 44,000.00 10.800 0.000
800757437 n/a WEATHERHOLTZ RODNEY GA 31,500.00 11.250 0.000
800758518 n/a ISREAL ARON NY 95,000.00 11.950 0.000
800762031 n/a KIRKMAN CARL OH 26,500.00 13.490 0.000
800762080 n/a ROJAS MANUEL DEJESUS NY 134,400.00 9.750 0.000
800762098 n/a BOWERMAN DENNIS D FL 28,900.00 8.750 0.000
800762171 n/a STOVALL ANTHONY RUSSELL NC 21,450.00 10.600 0.000
800762692 n/a BRUNO VINCENT F NY 148,500.00 10.900 0.000
800764045 n/a WILSON FAMOUS D NY 99,110.00 11.850 0.000
800764458 n/a LIN CHUN JU S NJ 236,000.00 12.650 0.000
800764466 n/a BRYANT RAY J FL 27,300.00 12.450 0.000
800765182 n/a CAMPBELL ALAN J NH 41,600.00 12.500 0.000
800765380 n/a WHITE DESMOND NY 215,050.00 12.750 0.000
800765661 n/a KING BETTY MI 25,000.00 12.000 0.000
800765687 n/a STADTMULLER GYULE NJ 45,500.00 10.500 0.000
800765992 n/a BYRON CONSTANCE MI 55,200.00 14.250 0.000
800767931 n/a VANCE CHARLES ETTA MS 37,600.00 12.150 0.000
800767998 n/a STADTMULLER GYULA NJ 42,250.00 10.500 0.000
800768053 n/a STADTMULLER GYULA NJ 52,000.00 10.500 0.000
800768079 n/a BASSETT JOHN DE 150,000.00 10.400 0.000
800768780 n/a HANNAH MISTY GA 74,800.00 12.300 0.000
800769127 n/a CRUZ JESUS M NY 180,000.00 12.600 0.000
800769135 n/a MADER RICHARD MD 100,000.00 10.000 0.000
800771040 n/a MCEACHIN DOREATHA NC 61,625.00 10.990 0.000
800771362 n/a FREDERICK MARY ANN NY 32,000.00 11.700 0.000
800771586 n/a KORB LISA A CT 19,600.00 11.850 0.000
800771719 n/a PARSON VINCE NC 37,196.00 13.000 0.000
800772063 n/a ROMERO RON LEE J CO 17,690.00 12.050 0.000
800772139 n/a ANNUNZIATO FERDINANDO CT 96,000.00 9.150 0.000
800772535 n/a DAVIS RODERICK A. NC 78,400.00 9.250 0.000
800773194 n/a FLUKER PATRICIA MI 25,000.00 14.490 0.000
800775108 n/a HILL JACQUELINE GA 58,565.00 13.050 0.000
800775454 n/a DILLS JEFFREY B WA 20,000.00 12.000 0.000
800775835 n/a KAPLAN STEVEN NY 174,250.00 11.990 0.000
800777088 n/a BROWN JR G SCOTT VA 23,200.00 11.400 0.000
800777112 n/a PHUNG JOHN V MA 15,000.00 9.450 0.000
800777146 n/a PHUNG JOHN V MA 15,000.00 9.450 0.000
800777336 n/a LACASSE PATRICK FL 54,000.00 11.450 0.000
800778060 n/a DIGIOVANNI LOUIS DE 31,500.00 11.150 0.000
800778581 n/a BERRY MICHAEL MD 111,150.00 10.950 0.000
800778904 n/a RENNER MICHAEL R OH 79,500.00 11.350 0.000
800778938 n/a MCALPINE PERRY MI 39,900.00 14.490 0.000
800779092 n/a QUINTERO HECTOR AZ 11,000.00 10.650 0.000
800779480 n/a STOREY KARYL CO 44,050.00 12.750 0.000
800779589 n/a DICKERSON PETER J NC 39,200.00 12.150 0.000
800779738 n/a BELL THOMAS A. TN 25,000.00 10.350 0.000
800780116 n/a MODE BARBARA J CA 47,000.00 10.275 0.000
800781031 n/a HARRIS MIGNONETTE NY 42,100.00 11.950 0.000
800781122 n/a BYARD EVELYN J PA 21,900.00 10.200 0.000
800781403 n/a PASTORES HARRY L. IL 27,900.00 11.950 0.000
</TABLE>
<PAGE>
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A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800781841 n/a CRAIG HAROLD MI 26,000.00 14.240 0.000
800783417 n/a WINDHAM CURLEE NY 113,750.00 11.250 0.000
800783599 n/a HARGAN WILLIAM MI 80,000.00 11.300 0.000
800783946 n/a HEATHCOAT CHARLES FL 66,400.00 11.950 0.000
800783953 n/a WILLIAMS DENNIS IL 31,200.00 11.650 0.000
800784936 n/a WALKER PAUL T UT 77,600.00 10.900 0.000
800784969 n/a CAJUCOM EDILBERTO CA 55,400.00 11.275 0.000
800786840 n/a SLIS KENNETH G MI 73,300.00 11.475 0.000
800787202 n/a BURKE TIMOTHY J MA 16,000.00 10.350 0.000
800787277 n/a BUCHANAN GEORGE GA 60,000.00 12.150 0.000
800788606 n/a AYDELOTTE KENNETH D AZ 18,361.00 11.150 0.000
800788796 n/a SULLIVAN MARGOT LEE CA 154,900.00 9.900 0.000
800790172 n/a LITT ROBERT NY 32,100.00 13.250 0.000
800790990 n/a HARRIS CURTIS MI 16,000.00 10.200 0.000
800791287 n/a HILL WAYNE L NJ 27,800.00 12.150 0.000
800791782 n/a BAIRD GEORGE NY 90,000.00 10.990 0.000
800791915 n/a MACKLIN MICHELE MD 52,275.00 11.650 0.000
800792707 n/a KWAN BOBBY NY 71,700.00 12.900 0.000
800793416 n/a WILLIAMS ROLAND V NC 56,950.00 12.000 0.000
800793903 n/a JAMES BARBARA A MI 45,000.00 9.800 0.000
800795536 n/a BOUZALAS THOMAS NY 49,200.00 13.150 0.000
800796120 n/a WURTS RICHARD W NY 75,000.00 11.400 0.000
800796245 n/a SCHEBEL CHRISTOPHER FL 36,000.00 12.600 0.000
800796518 n/a CHUNG JOHN T NY 136,000.00 9.400 0.000
800796609 n/a MCFARREN NEIL TN 40,000.00 11.600 0.000
800796807 n/a AUNE JAMES E TN 40,350.00 9.350 0.000
800797755 n/a YOUNG JAMES W MD 23,650.00 10.350 0.000
800797839 n/a STORZINGER JOSEPH NY 12,500.00 10.800 0.000
800798969 n/a MCDOUGALD LETHA NC 47,175.00 10.950 0.000
800799769 n/a LAURIDSEN JESSICA NY 48,750.00 11.950 0.000
800800724 n/a MAREK WILHELM NY 35,000.00 9.650 0.000
800801193 n/a PUIG OLIVER NJ 102,425.00 12.400 0.000
800801516 n/a VELEZ HIPOLITO MA 79,750.00 10.980 0.000
800801946 n/a RODOLFO MENDOZA NY 82,400.00 10.600 0.000
800802746 n/a GALARZA DIONISIO NY 29,438.00 11.990 0.000
800802878 n/a FAUSNAUGH JACKIE L OH 91,500.00 9.950 0.000
800803108 n/a CALDERON EVERADO OR 24,000.00 11.325 0.000
800803330 n/a ORDONEZ EDGAR NY 114,000.00 9.100 0.000
800803686 n/a KIM KWAN JOONG NJ 63,000.00 12.650 0.000
800803702 n/a DELISI ANGELO A NJ 23,000.00 12.400 0.000
800804148 n/a FAHEY JOHN G PA 78,560.00 14.000 0.000
800804494 n/a OROURKE EUGENE E NJ 36,000.00 12.350 0.000
800804551 n/a FARBER SUE A PA 41,705.00 9.400 0.000
800804924 n/a OTTO LINUS GA 425,000.00 12.650 0.000
800805087 n/a LAGUNA MARIA CA 36,700.00 10.775 0.000
800805228 n/a WEISER JOSEPH G PA 28,000.00 10.900 0.000
800805921 n/a BILELLA JR JOHN NY 120,000.00 13.400 0.000
800806044 n/a KEEFE RICHARD E MN 44,039.00 11.225 0.000
800806317 n/a LYONS ERIC ID 17,500.00 12.400 0.000
800806630 n/a SAYRE CATHRYN A CA 44,000.00 10.025 0.000
800806804 n/a FOSTER DAVID R CA 22,264.00 12.270 0.000
800807240 n/a MILLETTE MICHAEL J MA 45,000.00 8.900 0.000
800807893 n/a TANG JI Z MA 40,000.00 12.250 0.000
800808057 n/a POLINSKIE DONALD NY 56,250.00 11.650 0.000
800808073 n/a FIGUEROA HUMBERTO PA 28,000.00 10.800 0.000
800809311 n/a KELLY MARY NJ 200,600.00 11.990 0.000
800809451 n/a LAMORTE ROSE LINDA NY 25,000.00 11.450 0.000
800809576 n/a COSCIA LOUIS NJ 18,278.00 11.990 0.000
800810202 n/a SCHEFTER JAMES L UT 28,792.00 12.150 0.000
800811242 n/a PRAUL JAMES B NJ 91,000.00 13.650 0.000
800811853 n/a AUSTIN WAYNE R CO 18,500.00 10.650 0.000
800811978 n/a HOLLOWAY JEFFREY W GA 108,000.00 11.300 0.000
800812059 n/a SWANN LILLIE MAE NC 31,200.00 9.700 0.000
</TABLE>
<PAGE>
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A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800812133 n/a MUNIZ ARNOLD CT 66,400.00 11.200 0.000
800812646 n/a MICHAEL JR RAYMOND J PA 85,000.00 9.350 0.000
800812711 n/a ALICEA JAIME E NY 50,000.00 9.350 0.000
800813388 n/a BRZESZCZ MAREK CA 45,400.00 11.775 0.000
800813768 n/a JUDD DAVID C ID 31,000.00 11.850 0.000
800813925 n/a HUTCHINS RICHARD GA 67,000.00 13.150 0.000
800814196 n/a DICOSMO GARY NJ 55,000.00 11.250 0.000
800814949 n/a RHODES RICHARD L NY 128,985.00 10.950 0.000
800815565 n/a ROBERT THOMAS M NY 93,500.00 10.700 0.000
800815896 n/a CASE ROLAND W VA 107,900.00 10.400 0.000
800815938 n/a MEZZOCCHI MICHAEL NH 37,874.00 9.850 0.000
800816290 n/a STEVENS DIANE MARIE AZ 48,450.00 7.500 0.000
800816571 n/a MAY KAREN A OH 17,200.00 12.600 0.000
800816852 n/a MOOS FRANK NY 29,250.00 12.550 0.000
800816944 n/a CLARKE MAZRINE NY 130,500.00 10.200 0.000
800817462 n/a WHITLOCK MICHAEL SHANE GA 25,000.00 13.850 0.000
800817504 n/a CALHOUN DAVID R WA 13,000.00 12.725 0.000
800818098 n/a RANDOLPH WILLIAM NJ 108,000.00 11.800 0.000
800818395 n/a DAYAN SHLOMO NY 50,750.00 13.350 0.000
800818528 n/a MARASCO ARMANDO NY 127,000.00 9.750 0.000
800818601 n/a CUNNINGHAM III HAROLD D MD 29,720.00 11.350 0.000
800818700 n/a MCKAY VIVIAN NJ 65,000.00 13.590 0.000
800818767 n/a SMITH JEANE D MI 52,600.00 12.900 0.000
800819302 n/a SUPRENANT EDWARD MA 36,000.00 13.750 0.000
800819351 n/a MILLER RICHARD OH 28,000.00 10.600 0.000
800819468 n/a HUNTER CHRISTOPHER UT 13,850.00 13.400 0.000
800819781 n/a MAROGY SAMIR G. MI 48,000.00 8.000 0.000
800820045 n/a WHITAKER JUNE NJ 149,500.00 12.100 0.000
800820300 n/a GEHMAN FRANK W PA 11,740.00 13.350 0.000
800820474 n/a RHOADS PATRICIA PA 10,500.00 11.800 0.000
800820821 n/a BEKENDAM LIZETTE B. CA 18,000.00 12.525 0.000
800820847 n/a RAIMO SCOTT M MA 40,000.00 10.350 0.000
800820888 n/a GESCHWIND MARC CLIFFORD CA 120,000.00 9.575 0.000
800822181 n/a FARLESS JOSEPHINE H. FL 26,250.00 12.750 0.000
800822405 n/a JOHNSON EARLINE NY 30,000.00 11.150 0.000
800822496 n/a PRODEN WAYNE H CA 65,000.00 9.775 0.000
800822835 n/a VASQUEZ ANTONIO PA 44,000.00 11.950 0.000
800822876 n/a DONEVSKI LINDA AZ 146,200.00 10.450 0.000
800822959 n/a FARCOSKY THOMAS A MD 550,000.00 10.100 0.000
800823841 n/a PADILLA MIGUEL FL 38,790.00 11.300 0.000
800824104 n/a HENRIE DAVID K UT 24,300.00 11.950 0.000
800824351 n/a JONES CAROLYN D MD 32,000.00 11.950 0.000
800824682 n/a MATOS DENISE ROMAYNE NJ 151,300.00 10.250 0.000
800824914 n/a SOWERSBY LARRY B ID 31,450.00 13.000 0.000
800825242 n/a LIND SHANNON K. MI 14,000.00 9.900 0.000
800825275 n/a PESKI BOGUSLAW NJ 25,000.00 11.800 0.000
800825770 n/a MCNEILL CHARLEE M UT 45,600.00 12.750 0.000
800826109 n/a DENNISON BRADLEY W CO 48,000.00 10.525 0.000
800826414 n/a HOLTZ STEVEN NY 38,250.00 11.400 0.000
800826844 n/a AGRAMONTE JOSE RI 94,950.00 11.250 0.000
800827206 n/a MORTON KATHLEEN A FL 27,950.00 10.350 0.000
800827230 n/a JACOBSON JASON MN 64,000.00 10.075 0.000
800827586 n/a SPINK JAMES W MI 59,200.00 11.650 0.000
800827602 n/a DENSON ROBERT F UT 84,700.00 9.450 0.000
800827644 n/a WYLIE GRANT E AZ 25,000.00 13.150 0.000
800829079 n/a WALLACE THOMAS D GA 64,000.00 11.400 0.000
800829145 n/a OROZCO MICHAEL CA 63,250.00 11.275 0.000
800829194 n/a BETHEA BOBBY FL 54,400.00 10.750 0.000
800829574 n/a BENSON JR FREDERICK O PA 68,000.00 14.250 0.000
800829723 n/a LAYTIN JEFFREY NY 63,900.00 11.650 0.000
800829913 n/a LEACH DENISE C MO 60,000.00 13.600 0.000
800829996 n/a JAGOPAT RAJPATTIE NY 41,655.00 12.200 0.000
800830309 n/a PETERSON NEIL O NE 17,000.00 12.050 0.000
</TABLE>
<PAGE>
Page 32 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800831612 n/a SWEAT CLAYTON FL 48,000.00 11.000 0.000
800831695 n/a WOLF RAYMOND M PA 26,250.00 11.450 0.000
800832081 n/a SCHOCK DAVID L PA 38,926.00 11.450 0.000
800833311 n/a LAMBERT LESTER L NC 28,500.00 10.500 0.000
800833808 n/a GALLO FRANK NY 126,000.00 11.050 0.000
800834780 n/a ARNOLD DONALD E. IN 10,000.00 10.850 0.000
800834996 n/a GARDELLA OWEN CT 59,000.00 13.990 0.000
800835027 n/a MAJORS SANDRA B GA 35,000.00 11.150 0.000
800835035 n/a KALOIDIS ATHAN CT 510,000.00 8.150 0.000
800835175 n/a RUSSELL DONALD NY 30,000.00 12.600 0.000
800835456 n/a SAMANI PARICHEHR OR 202,500.00 10.575 0.000
800835829 n/a BLANCHARD KEITH WAYNE CO 25,000.00 13.000 0.000
800835951 n/a SAMANI PARICHEHR K OR 252,000.00 10.075 0.000
800835993 n/a WESLEY ERIC PA 18,450.00 13.150 0.000
800836256 n/a WASHINGTON JOHN NY 18,220.00 11.550 0.000
800836314 n/a WHITENER GERALD FL 46,800.00 10.150 0.000
800836322 n/a WHALEN EDWIN NY 98,900.00 11.100 0.000
800836579 n/a RIGBY JOYCE L UT 24,902.00 11.500 0.000
800836603 n/a MARCUS ELIJAH NC 89,000.00 9.525 0.000
800836769 n/a FURTADO EDWARD D MA 35,000.00 9.950 0.000
800837700 n/a KRULEWITCH MICHAEL IN 31,950.00 9.750 0.000
800837866 n/a MARSHALL JR GEORGE C PA 142,000.00 9.990 0.000
800838245 n/a FORREST GAIL S VA 146,000.00 11.900 0.000
800838278 n/a GRACE BRUCE J PA 68,850.00 11.500 0.000
800838831 n/a GAMSO KIM M AZ 23,000.00 12.500 0.000
800839771 n/a REED RICHARD FL 30,000.00 11.250 0.000
800839839 n/a HALL ISAAC NC 42,213.00 11.500 0.000
800840209 n/a SULLIVAN ROBERT J MA 17,400.00 10.950 0.000
800840332 n/a PUTNAM JERRY W TN 46,750.00 13.050 0.000
800840845 n/a WHORLEY ANDREW MALCOLM WA 63,750.00 9.025 0.000
800841041 n/a FUSSELMAN SUZANNE P VA 45,000.00 11.800 0.000
800841355 n/a WILKS KYLE CT 68,000.00 11.100 0.000
800841447 n/a PIERD RYCARD PA 56,000.00 11.050 0.000
800841470 n/a EINING JOHN E UT 31,964.00 13.400 0.000
800841538 n/a CHERNIS ROBERT J NH 136,000.00 11.050 0.000
800841603 n/a MARTO JOHN V NJ 50,000.00 13.350 0.000
800841702 n/a SLOAN GLORIA NY 90,900.00 11.300 0.000
800841744 n/a JONES MARY A FL 41,250.00 10.850 0.000
800842437 n/a BOYD JR JIM JOE PA 69,975.00 12.050 0.000
800842528 n/a SMITH ARTHUR F RI 57,000.00 11.350 0.000
800843153 n/a FISHER JAMES L NH 91,000.00 11.050 0.000
800843427 n/a SWIATEK MICHAEL MA 35,700.00 10.750 0.000
800843781 n/a WESSOT MALCOLM NY 75,000.00 11.100 0.000
800843914 n/a STOPKO TINA NJ 19,685.00 11.600 0.000
800844094 n/a BAKER JEFF MA 30,000.00 9.550 0.000
800844250 n/a BLACKMON DORIS A. NC 49,600.00 13.200 0.000
800844367 n/a BRANIGAN CHRISTINE M FL 68,800.00 9.600 0.000
800845489 n/a GRADIAS DELIA AZ 67,150.00 11.650 0.000
800845513 n/a JUNGER JACQUES F GA 78,300.00 12.550 0.000
800845687 n/a STEPHEN DARLA SC 39,000.00 12.800 0.000
800845760 n/a KRAMER JR CLARENCE C PA 16,000.00 11.450 0.000
800845828 n/a ALMEIDA BRAULIO CT 29,300.00 12.500 0.000
800845927 n/a PRICE BRADLEY W GA 62,900.00 12.250 0.000
800846198 n/a WALTON ROBERT M. NC 23,920.00 9.000 0.000
800846339 n/a KENNEY JOHN R PA 21,700.00 10.300 0.000
800846461 n/a SULLIVAN ROBERT J MA 17,400.00 10.950 0.000
800846669 n/a SULLIVAN ROBERT J MA 17,400.00 10.950 0.000
800846727 n/a NOVAK WILMA FL 10,000.00 10.850 0.000
800847238 n/a GRACE GORDON R GA 9,500.00 11.950 0.000
800847246 n/a COOKINHAM LARRY NY 31,000.00 10.900 0.000
800847444 n/a KIM JUNG HOON NJ 96,200.00 12.650 0.000
800848251 n/a BERGER JOHN M PA 43,200.00 10.650 0.000
800848475 n/a FINGLASS CARL W MD 29,000.00 13.600 0.000
</TABLE>
<PAGE>
Page 33 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800849077 n/a BENDER RONALD A. IL 77,000.00 12.750 0.000
800849150 n/a OLDHAM HENRY NJ 63,000.00 13.990 0.000
800849622 n/a BETHEA RAYMOND NY 115,500.00 10.950 0.000
800850141 n/a SEXTON DONALD H FL 50,400.00 9.500 0.000
800850349 n/a TOLEDO RAFAEL NY 102,000.00 12.250 0.000
800850729 n/a SEDA JACQUELINE M NY 114,300.00 11.450 0.000
800851008 n/a SAINATO ROBERT W CO 48,000.00 14.500 0.000
800851206 n/a LANKESTER LEONARD E NY 29,700.00 12.900 0.000
800851669 n/a MASSOTTO FRANK M JR FL 60,300.00 10.500 0.000
800851693 n/a DELLAGUARDA EVA-LYNN CO 19,751.00 13.500 0.000
800851727 n/a THOMAS MARY G NY 156,000.00 10.750 0.000
800851768 n/a RAINES MABLE HINTON NC 72,000.00 12.100 0.000
800851792 n/a COSTA MICHELE MA 43,900.00 12.100 0.000
800851990 n/a KEHOE NORMA T FL 47,650.00 14.100 0.000
800852055 n/a CURTIS THOMAS H OH 61,700.00 8.250 0.000
800852063 n/a SURVILLA NICHOLAS PA 99,500.00 9.350 0.000
800852352 n/a PILLSBURY JR DAVID A FL 16,300.00 12.850 0.000
800852816 n/a ROBDAU EDWARD H MA 29,750.00 9.850 0.000
800852980 n/a ERNEST ROBERT A MA 20,000.00 11.200 0.000
800853129 n/a LITTERAL SCOTT H. CA 110,000.00 11.475 0.000
800853327 n/a BERND ERIN E CO 31,056.00 11.400 0.000
800853574 n/a KUELL AMY J RI 23,935.00 11.990 0.000
800853673 n/a DUHART CELESTINE MD 16,237.00 11.450 0.000
800853749 n/a SMITH ROGER N. FL 32,700.00 14.600 0.000
800853764 n/a THOMAS GLYNIS MD 70,000.00 12.650 0.000
800853905 n/a WELSH WILLIAM J MD 52,640.00 13.400 0.000
800854200 n/a ATUGBOKOH PHILEMUN O MD 105,400.00 12.900 0.000
800854416 n/a FACKLAM III ARNOLD W NY 61,600.00 10.000 0.000
800854457 n/a NATERA EDGARDO CT 32,895.00 9.150 0.000
800854473 n/a NATERA EDGARDO CT 64,000.00 9.650 0.000
800854507 n/a NATERA EDGARDO CT 88,000.00 9.650 0.000
800854515 n/a LASTER PEGGY L FL 44,000.00 12.850 0.000
800855496 n/a REIGH GREGORY L PA 19,700.00 10.150 0.000
800856320 n/a ELTMAN FRANCIS E PA 19,125.00 12.050 0.000
800856502 n/a VOLEK THOMAS M NM 59,000.00 14.400 0.000
800857237 n/a REECE ARTHUR NY 123,250.00 10.450 0.000
800857336 n/a PLATT ARTHUR CA 110,000.00 10.525 0.000
800857401 n/a LAUGHMAN WILBERT C PA 64,800.00 9.250 0.000
800857559 n/a ULRICH JR CHARLES S PA 13,765.00 11.750 0.000
800857625 n/a JUMAN ROSHAN DEEN FL 136,000.00 9.750 0.000
800857682 n/a GRIGOLI MARK FL 61,000.00 11.500 0.000
800857971 n/a STEARN PAUL G FL 51,750.00 11.150 0.000
800858086 n/a GOREAU MARGARET NY 174,370.00 11.800 0.000
800858102 n/a ZYSKI GERALD J MI 44,800.00 12.850 0.000
800858110 n/a LOPEZ IRAIDA NY 185,000.00 15.250 0.000
800858243 n/a VICKERS ALLISON E GA 15,000.00 12.650 0.000
800858516 n/a PARVINE HARVEY GA 26,500.00 13.250 0.000
800858789 n/a CASIMIRO CECILIA I NJ 201,600.00 11.700 0.000
800859084 n/a JONES KENNETH MD 27,200.00 12.050 0.000
800859225 n/a GOODWIN EAMONN L NY 170,000.00 11.100 0.000
800859233 n/a BUONAIUTO DOMINICK NY 158,000.00 8.800 0.000
800859316 n/a LANDINGHAM JR EDGAR OH 44,000.00 8.400 0.000
800859530 n/a FRYE BARBARA J PA 26,000.00 10.800 0.000
800859563 n/a WHITLEY GEORGE NY 75,500.00 12.300 0.000
800859605 n/a MITCHELL JIMMY B PA 19,000.00 12.200 0.000
800859753 n/a GOREAU MARGARET NY 166,950.00 11.250 0.000
800859829 n/a LUNDQUIST LAWRENCE DEAN OR 16,000.00 12.175 0.000
800859985 n/a KING ROBERT W FL 13,200.00 13.750 0.000
800860397 n/a JOSE GUILLERMO CA 25,200.00 9.875 0.000
800860462 n/a MOSS DALTON FL 37,600.00 9.750 0.000
800860645 n/a QUINZI CHARLES M NY 35,000.00 11.200 0.000
800860686 n/a CLEMENTE JOSE ARIEL G. CA 38,000.00 10.525 0.000
800861031 n/a SOBEK THADDEUS J PA 115,500.00 10.650 0.000
</TABLE>
<PAGE>
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A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800861239 n/a BARTOLOVIC MARIJAN NY 60,000.00 12.900 0.000
800861445 n/a DICK THOMAS J SC 49,500.00 11.900 0.000
800861577 n/a CONE DENNIS M FL 20,000.00 13.500 0.000
800862526 n/a MINNING JOSEPH T NY 113,500.00 10.000 0.000
800862971 n/a STEWART MICHAEL B CA 77,400.00 10.600 0.000
800863961 n/a GOLDEN REX D AZ 61,000.00 11.100 0.000
800863979 n/a DYSON PAMELA IL 35,200.00 11.200 0.000
800864050 n/a RHODES ROBERT CA 98,000.00 11.175 0.000
800864092 n/a LUCERO ARCHIE NM 43,000.00 11.050 0.000
800864167 n/a MARTIN JR WILLIAM J NV 23,400.00 10.350 0.000
800864183 n/a OLSON MARK J CO 20,540.00 11.950 0.000
800864266 n/a ANDREYCHENKO SERGEY OR 25,000.00 11.025 0.000
800865909 n/a THOMAS HOWARD L MI 22,700.00 12.750 0.000
800866188 n/a JOHANNSON DOUGLAS R OR 43,000.00 12.400 0.000
800866915 n/a GOTH MARK CA 40,000.00 12.075 0.000
800867004 n/a PAUL REGINAL FL 72,000.00 12.850 0.000
800867277 n/a GERDES JERRY L AZ 16,980.00 11.700 0.000
800868036 n/a HERON MARY CARA PA 28,500.00 13.900 0.000
800868143 n/a DURANT BOOKER T SC 14,700.00 12.750 0.000
800868218 n/a NAZARIO LILLIAN R MD 144,000.00 11.450 0.000
800868234 n/a PELLEGRINO JOHN NY 98,400.00 10.250 0.000
800868630 n/a WENDEL ROBERT FL 106,400.00 9.500 0.000
800868804 n/a NELSON LELAND M UT 11,500.00 11.150 0.000
800869117 n/a ROSZKO RICHARD GEORGE NC 88,454.00 10.025 0.000
800869125 n/a VANGELOVSKI STOJAN IL 65,000.00 13.250 0.000
800869224 n/a TORRES BLANCA E PA 20,500.00 9.000 0.000
800869323 n/a CARTER ROSE B NY 80,000.00 11.500 0.000
800869372 n/a HAMMOND MARK A FL 82,500.00 10.350 0.000
800869604 n/a HUNT TONY R. NC 55,200.00 13.500 0.000
800869844 n/a FEY BERRY A CO 346,000.00 11.750 0.000
800870206 n/a LAPORTA JOSEPH CO 49,000.00 11.850 0.000
800870479 n/a LINDEN ELLIOTT E. CA 30,000.00 11.075 0.000
800870875 n/a EWART DAVID NY 24,500.00 9.900 0.000
800870917 n/a WOJCIK JOSEPH NY 25,000.00 10.700 0.000
800871022 n/a MILLER TOD PA 199,650.00 10.850 0.000
800871303 n/a ALLEN PETER NY 229,500.00 11.650 0.000
800872079 n/a RENSHAW AVIS A VA 55,300.00 11.350 0.000
800872129 n/a WILLING PRESTON MONROE MD 39,000.00 12.500 0.000
800872210 n/a MUNIZ ARNOLDO CT 76,500.00 10.450 0.000
800872772 n/a KIRK JOHN W NY 31,350.00 10.990 0.000
800873127 n/a COLWELL PATRICK PA 77,350.00 12.100 0.000
800873176 n/a MUTO JR. FRANK J. IL 44,700.00 11.400 0.000
800873382 n/a RIVERA WILLIAM NY 76,000.00 10.050 0.000
800873390 n/a HOWARD ALLAN LEE MI 34,300.00 12.050 0.000
800873507 n/a THOMPSON JEFFREY E PA 18,000.00 12.200 0.000
800873812 n/a STEPHENS PETER FL 37,500.00 11.100 0.000
800874067 n/a HOARE CYNTHIA G NJ 85,000.00 11.750 0.000
800874323 n/a MARCOOT RALPH MD 45,000.00 11.350 0.000
800874414 n/a GROCHOWSKI VICKYANN MN 28,383.00 12.975 0.000
800874448 n/a MAPLES MARY K WA 146,250.00 10.225 0.000
800874901 n/a SIMANAITIS MARGARET L PA 25,700.00 9.900 0.000
800875130 n/a YAKO NENNO MI 106,200.00 12.600 0.000
800875346 n/a KNOTT TIMOTHY M NY 40,500.00 12.300 0.000
800875478 n/a SOMMER ROBERT D NJ 115,200.00 11.700 0.000
800875551 n/a NAJAFABADI ARDESHIRE VA 42,500.00 11.650 0.000
800875874 n/a SLOAN ANTHONY K DC 117,000.00 11.200 0.000
800875932 n/a SCHURFELD DEBRA FL 51,300.00 11.400 0.000
800875965 n/a KEELY JOHN D PA 59,500.00 11.990 0.000
800876401 n/a HADDIX MICHAEL NJ 250,700.00 12.350 0.000
800876518 n/a GOMILLION KAREN GA 26,300.00 12.200 0.000
800876526 n/a CROTEAU BRIAN R NH 51,300.00 11.700 0.000
800876559 n/a JONES EARLINE NY 42,000.00 9.300 0.000
800876690 n/a MENDOZA CARLOS PA 51,000.00 9.950 0.000
</TABLE>
<PAGE>
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A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800876997 n/a RAMIREZ OLIVE M CA 82,500.00 12.400 0.000
800877086 n/a OSSORIO LINDA FL 22,267.00 11.500 0.000
800877326 n/a PIRRELLA JOSEPH FL 41,250.00 10.950 0.000
800877367 n/a NEWLAND LESTER L CO 23,660.00 13.500 0.000
800877748 n/a KHAN ZORIDA NY 170,000.00 12.400 0.000
800878068 n/a BROWN CLIVE NY 145,800.00 10.750 0.000
800878340 n/a HAILEY JEFFREY J AZ 22,821.00 11.100 0.000
800878563 n/a MENDOZA CARLOS PA 41,250.00 10.950 0.000
800878670 n/a LOFTON JENNEVIE H. NC 91,800.00 9.900 0.000
800878696 n/a CHAMBERS ROSEANN M NJ 50,000.00 9.350 0.000
800878746 n/a JIK KIM YONG NJ 125,000.00 11.600 0.000
800878878 n/a KASPER SR ROBERT J PA 83,000.00 8.850 0.000
800879165 n/a KOENIG ROSS D PA 98,785.00 10.600 0.000
800879322 n/a SHAH JITENDRA R NY 44,000.00 10.500 0.000
800879520 n/a MUTZABAUGH FLOYD PA 56,800.00 13.650 0.000
800879645 n/a LAKE II JOSEPH K NY 35,000.00 8.500 0.000
800879744 n/a OSHEROVITZ SHARON NY 231,200.00 13.100 0.000
800879785 n/a SAMPSON SAMUEL NY 27,250.00 12.750 0.000
800879835 n/a MINEAR CHARLENE HODGIN NM 95,000.00 10.700 0.000
800879850 n/a HUSS MARK T CA 16,440.00 11.325 0.000
800880395 n/a BECKER GERHARDT C NY 262,400.00 12.500 0.000
800880775 n/a NASCA JAMES FL 44,500.00 10.050 0.000
800880981 n/a HERBERT GARY J CO 24,500.00 11.700 0.000
800881229 n/a PAPPAS EFTHIMIOS NY 48,000.00 12.400 0.000
800881302 n/a ANDERSON RICHARD W OH 108,000.00 9.750 0.000
800881476 n/a SERETIS JOHN NJ 26,000.00 12.990 0.000
800881658 n/a DUGEE SCOTT T CT 202,500.00 11.475 0.000
800882268 n/a YAMPOLSKY MIRON VA 66,288.00 12.990 0.000
800882284 n/a REDDING SHARON FL 60,000.00 10.600 0.000
800882649 n/a PADRON LORENZO LEO FL 25,000.00 10.200 0.000
800882953 n/a SAUNDERS BEVERLY LYNN PA 32,400.00 10.900 0.000
800883225 n/a ZITZER GIL NJ 27,800.00 12.900 0.000
800883464 n/a D'SOUZA JAMES R. CA 26,378.00 11.225 0.000
800883571 n/a FOSTER YVETTE R OR 10,000.00 11.125 0.000
800883993 n/a SCHMIDT II ALLAN DE 48,000.00 10.400 0.000
800884272 n/a COOPER DONALD PAUL NY 154,000.00 15.500 0.000
800884306 n/a NICHOLS ANTHONY OH 71,800.00 8.250 0.000
800884447 n/a AZOR JACQUELINE NY 215,000.00 10.500 0.000
800884702 n/a BEASLEY PEGGY IN 31,500.00 10.900 0.000
800884843 n/a JENIFER SYLVESTER DE 60,000.00 10.450 0.000
800885378 n/a MONTGOMERY JAMES NY 243,000.00 10.650 0.000
800885584 n/a MARINELLA FRANK D NJ 162,500.00 14.700 0.000
800885626 n/a MUNROE KAREN G FL 28,000.00 10.950 0.000
800885840 n/a SWANSON ROBERT J CA 35,000.00 11.775 0.000
800886061 n/a GIFFORD NANCY AZ 18,395.00 12.150 0.000
800887721 n/a LOMAX LAURIE D MD 41,520.00 12.600 0.000
800888356 n/a HALE HARRISON NY 78,400.00 11.400 0.000
800888521 n/a MULLIN JOHN NY 110,000.00 9.990 0.000
800888596 n/a BUCANCAO AMIRA NY 164,000.00 10.100 0.000
800888778 n/a PORTER CATHERINE S NJ 105,000.00 12.500 0.000
800889289 n/a MARSHALL JAMES P FL 40,800.00 12.000 0.000
800889396 n/a MARSHALL DEBRA JOAN FL 62,900.00 11.250 0.000
800889610 n/a BEAN JULIUS SC 73,100.00 12.500 0.000
800889982 n/a ZICK MICHAEL E AZ 14,375.00 11.450 0.000
800890428 n/a SIMPSON NICHOL PA 26,775.00 10.990 0.000
800890436 n/a FILAR DAVID S. IL 28,350.00 12.900 0.000
800890576 n/a MEGGS JULIE A NC 25,000.00 11.000 0.000
800890691 n/a CONGER THOMAS I NJ 121,500.00 11.300 0.000
800890907 n/a HERRIT DENNIS PA 39,250.00 12.900 0.000
800890964 n/a GERMANY LORRAINE NY 95,000.00 9.250 0.000
800890980 n/a LEBOWITZ PHILIP NY 15,000.00 10.850 0.000
800891103 n/a HICKMAN TWYLA B FL 50,000.00 9.650 0.000
800891384 n/a BUTLER LAWRENCE OH 44,000.00 10.625 0.000
</TABLE>
<PAGE>
Page 36 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800891541 n/a COSTANZO RICHARD NY 100,000.00 11.250 0.000
800892119 n/a WITHROW RICHARD AZ 13,853.00 11.750 0.000
800892143 n/a MONTOYA OSCAR O NM 21,163.00 12.300 0.000
800892176 n/a NELSON AARON FL 44,000.00 12.850 0.000
800892192 n/a KATSONOPOULOS SPIROS NY 94,480.00 14.000 0.000
800892325 n/a LOMUS LYNETTE C PA 55,200.00 11.050 0.000
800892598 n/a TAN PURISIMA K DC 80,500.00 13.400 0.000
800892804 n/a BLACK WILLIAM B NY 75,250.00 12.990 0.000
800893281 n/a CRADDOCK ALLAN J OR 42,000.00 11.275 0.000
800894586 n/a HUTCHINS WALTER D MD 40,000.00 13.900 0.000
800894602 n/a DILLOW RUSSELL MD 126,750.00 14.250 0.000
800894685 n/a ECHEVERRI JOSE F DE 18,036.00 10.990 0.000
800894776 n/a EVANS SAMMIE D NC 52,000.00 11.450 0.000
800894990 n/a KETTERMAN WANDA F PA 33,800.00 12.500 0.000
800895112 n/a BROWN HENRY A NY 112,500.00 11.700 0.000
800895211 n/a SOLIS ROBIN M CA 78,750.00 12.250 0.000
800895567 n/a HALL ELAINE FL 12,860.00 11.400 0.000
800895864 n/a AVERY BART M NY 48,000.00 10.850 0.000
800895955 n/a YOPP JESSIE M MI 26,000.00 12.500 0.000
800896102 n/a TUNG JERRY NY 120,000.00 12.450 0.000
800896276 n/a PETERS PAUL E AZ 100,000.00 10.700 0.000
800896508 n/a MIKA SUSAN PA 14,886.00 12.900 0.000
800896920 n/a RILEY ROBIN A FL 30,600.00 11.500 0.000
800897241 n/a FUSON HAROLD C. SC 28,980.00 11.150 0.000
800897290 n/a LAMBERT ERNEST RI 32,300.00 12.990 0.000
800897431 n/a PRIMATO JOYCE L FL 170,000.00 9.400 0.000
800897944 n/a CASSON DAN P FL 174,250.00 11.000 0.000
800898074 n/a TOZZI ANTHONY NJ 62,000.00 11.500 0.000
800898116 n/a DENINIS MICHAEL A NY 28,400.00 9.950 0.000
800898512 n/a BUCK JAMES SC 67,400.00 9.500 0.000
800898769 n/a MORSE DAVID FL 64,800.00 11.600 0.000
800898868 n/a MC CLOSKY THOMAS O WA 42,480.00 11.225 0.000
800898884 n/a POPER RANDY K PA 34,900.00 11.450 0.000
800899783 n/a HINES GLORIA NC 96,210.00 11.150 0.000
800900037 n/a STALLWORTH JAMES IL 100,000.00 15.450 0.000
800900474 n/a NIERMAN KENNETH A CO 72,000.00 14.750 0.000
800900698 n/a CABAN JAMES NY 161,000.00 11.550 0.000
800900714 n/a IRONS THOMAS FL 43,200.00 12.000 0.000
800900896 n/a NAMOU HAITHEM MI 268,000.00 8.500 0.000
800901100 n/a SIMMONS JOSEPH IN 61,200.00 12.600 0.000
800901134 n/a HUGHES EVERARD V MD 201,510.00 10.650 0.000
800901175 n/a MELAISIS POLYCARPOS D. FL 34,000.00 12.350 0.000
800901191 n/a THOMPSON GREGORY A. NC 176,000.00 13.600 0.000
800901993 n/a VAN WHY RONALD J PA 41,600.00 11.400 0.000
800902140 n/a CIRIECO EDWARDS FL 26,250.00 11.650 0.000
800902322 n/a ROSARIO FELIX ANTONIO NY 184,500.00 10.150 0.000
800902439 n/a MCVICKER JIMMY FL 56,250.00 10.990 0.000
800902447 n/a FILMON LORRISSA S FL 36,000.00 9.650 0.000
800903080 n/a SPULER PAUL T NJ 26,800.00 12.000 0.000
800903429 n/a FRARY JOAN C FL 147,000.00 8.750 0.000
800903536 n/a SNELL MARY FL 28,000.00 10.150 0.000
800904112 n/a FORTUNE CHESTER S GA 25,000.00 11.300 0.000
800904229 n/a ROSE CLAYTON R FL 20,000.00 11.150 0.000
800904302 n/a AUGUST JOSEPH A NJ 151,200.00 11.500 0.000
800904450 n/a RICHARDS JEFFREY L FL 16,000.00 11.850 0.000
800904500 n/a NORCROSS ROBERT PA 75,650.00 9.850 0.000
800904542 n/a SMALL MICHAEL GA 56,000.00 10.900 0.000
800904740 n/a LANDMAN JEFFREY B NY 72,000.00 12.875 0.000
800904906 n/a PARSON PAUL FL 27,500.00 10.350 0.000
800905002 n/a WAITES DWIGHT PA 31,945.00 10.850 0.000
800905051 n/a WAITES DWIGHT PA 25,911.00 10.850 0.000
800905150 n/a STAGNONE MICHAEL A FL 81,630.00 10.900 0.000
800905317 n/a HOLLIDAY GEORGE G FL 20,000.00 9.500 0.000
</TABLE>
<PAGE>
Page 37 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800905481 n/a NELSON JUDY D IN 53,400.00 11.750 0.000
800905671 n/a HUEWITT ELLIS FL 23,000.00 10.600 0.000
800905754 n/a COCHRANE STEPHEN CT 31,817.00 11.350 0.000
800905952 n/a VAN ZANT ROY T CO 16,000.00 10.500 0.000
800906083 n/a AVALOS FRANK W OH 88,800.00 7.750 0.000
800906166 n/a COLEMAN DANE PA 52,275.00 11.500 0.000
800906414 n/a JACOBS G CHARLENE IN 72,000.00 8.900 0.000
800906463 n/a CHAMBERS JR GERALD P. FL 43,200.00 11.650 0.000
800906869 n/a WASHINGTON LORETTA PA 39,200.00 13.100 0.000
800906877 n/a TUCKER DEBORAH LYNN FL 28,000.00 10.950 0.000
800907123 n/a CHU LINDA NY 42,650.00 12.650 0.000
800907131 n/a RIJO RUDOLPH H NY 25,000.00 12.250 0.000
800907198 n/a CATUCCI RUTH H. FL 46,000.00 8.900 0.000
800907222 n/a SOMMERFELT WALTER J TN 48,500.00 13.450 0.000
800907271 n/a ANDERSON PAULINE NY 93,500.00 10.700 0.000
800907297 n/a RODRIGUEZ YVETTE T NY 77,000.00 12.350 0.000
800907479 n/a ALFIERI JOHN CA 412,250.00 8.725 0.000
800907610 n/a SCOTT FREDDIE NY 31,000.00 13.650 0.000
800907909 n/a INDIA PAUL FL 50,700.00 10.850 0.000
800907974 n/a HUFF HELEN L OH 42,925.00 8.900 0.000
800907982 n/a LAMB WILLIAM E FL 59,000.00 11.100 0.000
800908071 n/a GIAURTIS JAMES OH 15,800.00 11.625 0.000
800908543 n/a MC NEILE SHELIA A. IN 41,200.00 12.850 0.000
800908725 n/a WHITE WILLIAM WV 28,500.00 10.850 0.000
800908998 n/a HARRISON DAVID E TX 74,600.00 9.650 0.000
800909186 n/a KNEESSI BERTHA W MD 76,890.00 9.350 0.000
800909434 n/a CAMPBELL EDWARD L PA 12,500.00 11.500 0.000
800909467 n/a NAPOLITANO CHARLES NJ 122,740.00 14.240 0.000
800909632 n/a MEDLEY WILLIAM FL 75,200.00 11.300 0.000
800909673 n/a PHONGIKAROON CHAIKORN MD 156,600.00 9.900 0.000
800909830 n/a WHORTON DONALD EDWARD FL 41,227.00 10.600 0.000
800910127 n/a BURBA JOSEPH W WA 16,005.00 13.200 0.000
800910408 n/a KRAJA NAGIP UT 51,500.00 9.700 0.000
800911026 n/a PARTLOW EDGAR E OH 19,500.00 10.850 0.000
800911133 n/a SALCEDO JOSE ANGEL NY 252,000.00 9.750 0.000
800911216 n/a MINK ALAN R FL 88,000.00 8.500 0.000
800911315 n/a THOMPSON TOMMY S IN 45,600.00 11.600 0.000
800911539 n/a THOMPKINS PAMELA S IN 22,500.00 10.850 0.000
800911745 n/a WILT AVIS GLENADINE MD 35,200.00 10.050 0.000
800912057 n/a NELSON TERRY L OH 85,000.00 10.450 0.000
800913261 n/a MCKILLIP MARK TX 70,000.00 9.150 0.000
800913311 n/a THOMSEN PETER JAMES CA 42,000.00 9.525 0.000
800913725 n/a MONTEMAYOR, SR GUSTAVO C TX 89,600.00 10.550 0.000
800914129 n/a THURMAN EARL A IN 40,000.00 11.350 0.000
800914251 n/a PEBLEY JEFF UT 21,100.00 11.450 0.000
800914483 n/a MORGAN ROBERT K CA 85,000.00 11.450 0.000
800914574 n/a ENES CARLOS CA 43,000.00 12.850 0.000
800914590 n/a MEEK ROBERT L CO 54,950.00 11.350 0.000
800915365 n/a CAGE BILLY D TN 24,890.00 11.250 0.000
800915399 n/a MILLER PHILLIP MA 132,600.00 11.450 0.000
800915506 n/a DIVENUTI LAWRENCE A NH 68,000.00 10.500 0.000
800915514 n/a GUTSHALL ANNETTE L PA 25,000.00 11.950 0.000
800915605 n/a THOMAS YVETTE MO 23,800.00 13.250 0.000
800915746 n/a NEDD CLAIRMONT O NY 193,000.00 11.950 0.000
800915993 n/a PAGNOTTO ANTHONY R NJ 121,500.00 12.650 0.000
800916009 n/a MANNING LAURA V. FL 11,500.00 8.500 0.000
800916140 n/a BRENNAN TERRY J WI 66,500.00 12.550 0.000
800916165 n/a SHOREY REBECCA FL 20,000.00 10.500 0.000
800916611 n/a STAMPS STEVEN A OR 27,500.00 10.225 0.000
800917007 n/a RUFF MICHAEL D CO 17,500.00 11.750 0.000
800918179 n/a DODICH FRANK NJ 36,000.00 13.000 0.000
800918393 n/a WALTERS DONALD MD 61,500.00 10.500 0.000
800918880 n/a MILLER MICHELLE NY 144,500.00 9.800 0.000
</TABLE>
<PAGE>
Page 38 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800919094 n/a GEE GRANT NY 110,000.00 10.250 0.000
800919466 n/a TAYLOR RONALD C TN 44,000.00 12.750 0.000
800919524 n/a NEGA KENNETH M. FL 43,300.00 10.850 0.000
800919656 n/a THOMAS SARAH OH 18,700.00 10.350 0.000
800919714 n/a LANGELER GERARD E FL 40,700.00 11.600 0.000
800919789 n/a ENTENMANN EILEEN NY 110,000.00 11.990 0.000
800920050 n/a CELESTINE CECIL NY 126,000.00 8.500 0.000
800920134 n/a THOMAS SARAH OH 12,000.00 10.350 0.000
800920159 n/a BRANDT CHARLES MI 25,400.00 11.375 0.000
800920217 n/a PALMER LAMAR FL 21,300.00 9.875 0.000
800920316 n/a WILSON JR GAREY B UT 30,405.00 12.200 0.000
800920704 n/a KANE JAMES R WA 30,000.00 11.100 0.000
800920886 n/a SZUSTER DAVID DR NY 320,000.00 9.450 0.000
800920910 n/a CHAMBERLAIN ROBERT L IN 34,000.00 12.100 0.000
800920993 n/a GORMAN JR EUGENE J FL 25,500.00 11.350 0.000
800921322 n/a KING JEROME A. CA 115,200.00 12.000 0.000
800921827 n/a GRZENDA JOSEPH C PA 98,800.00 9.950 0.000
800921843 n/a MAHONEY JOHN E. FL 119,500.00 9.650 0.000
800922098 n/a EDWARDS GLENN PA 98,200.00 12.250 0.000
800922528 n/a STOFFER JAMES R OH 32,800.00 13.500 0.000
800922742 n/a SALE, JR. JAMES MAX NC 39,920.00 11.100 0.000
800922775 n/a MCCALLOP TABITHA Y. NC 54,000.00 11.700 0.000
800923088 n/a SEELYE HERBERT FL 33,600.00 10.000 0.000
800923674 n/a CRUZ GABRIEL NY 40,000.00 11.990 0.000
800923773 n/a BRENNAN TERRY J WI 89,200.00 12.100 0.000
800923849 n/a NOGGLE TOMMIE L TX 60,800.00 8.900 0.000
800924110 n/a FERNANDES ORLANDO NY 60,000.00 12.250 0.000
800924367 n/a HOY BARBARA A NY 68,000.00 9.800 0.000
800924896 n/a DICKSON SR. RONALD NJ 53,000.00 11.900 0.000
800925539 n/a RAMSEY BOBBY GENE SC 47,600.00 12.250 0.000
800925604 n/a PARKER BOWERS STEPHANIE NC 20,000.00 8.900 0.000
800926560 n/a HUPFER FRANCIS J FL 18,066.00 10.650 0.000
800926727 n/a COX GERALD R OK 50,000.00 9.500 0.000
800926883 n/a BRANCHE JEAN L PA 57,200.00 8.750 0.000
800927741 n/a WHIPPLE BONNIE L OR 65,100.00 10.125 0.000
800928921 n/a THOMPSON REBECCA M PA 38,165.00 12.000 0.000
800928947 n/a BROWN CLEMENT M. MD 96,000.00 12.950 0.000
800929119 n/a COLSON THOMAS FL 50,050.00 12.840 0.000
800929275 n/a VU HOANG THI YEN TX 47,000.00 10.525 0.000
800929705 n/a BEURY DAVID J PA 19,825.00 11.100 0.000
800929937 n/a MCKENZIE GERTRUDE NY 122,500.00 11.300 0.000
800930588 n/a HESTON JR ARTHUR J OH 58,400.00 10.125 0.000
800930950 n/a MCQUAIG DOLORES A FL 42,000.00 8.900 0.000
800931958 n/a PARZIALE JOSEPH T FL 20,200.00 11.850 0.000
800932436 n/a MACKALL ROSE MD 99,500.00 12.100 0.000
800932832 n/a BEIERLE THOMAS A CO 11,600.00 11.600 0.000
800932865 n/a SACCHETTI SALLY C MA 34,000.00 11.500 0.000
800933004 n/a TRIKERIOTIS CHRISTOPHER MD 150,000.00 9.990 0.000
800933368 n/a TOWSLEY STEVEN FL 56,800.00 12.600 0.000
800933533 n/a LINDSAY GILFORD FL 62,400.00 12.350 0.000
800933681 n/a NARANJO PAUL A CO 16,300.00 11.700 0.000
800934143 n/a YOSIFIDES JAMES NY 204,000.00 9.850 0.000
800935629 n/a WISSNER JOSH DE 79,200.00 10.700 0.000
800936122 n/a STAUFFER ROBERT S PA 141,000.00 9.250 0.000
800938490 n/a GOODWIN JEFFERY SC 36,000.00 12.900 0.000
800940124 n/a SANDERS ESTELLA FL 48,000.00 8.400 0.000
800940587 n/a DADDONA THOMAS CT 99,800.00 10.500 0.000
800940819 n/a DONALDSON JODY A CT 90,000.00 8.225 0.000
800940850 n/a PUGH CHERRY Y FL 71,200.00 12.850 0.000
800940868 n/a SCHUTZ LEONARD PAUL MN 92,800.00 11.625 0.000
800941049 n/a BRASMEISTER EDWARD A NY 88,000.00 13.500 0.000
800941163 n/a JOHNSON GARY IL 20,500.00 12.500 0.000
800942534 n/a ROBERTS DAVID NY 120,000.00 11.400 0.000
</TABLE>
<PAGE>
Page 39 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800942971 n/a PITNER MICHAEL STEVEN WA 47,000.00 11.250 0.000
800943003 n/a HERRIDGE BRIAN B MN 40,600.00 11.625 0.000
800943243 n/a POTTER PATRICIA D FL 51,600.00 10.875 0.000
800943284 n/a OKANEKO BRYAN T ID 43,700.00 10.625 0.000
800943383 n/a RUEDINGER LEROY F WI 11,000.00 12.625 0.000
5100012904 n/a WRIGHT ALFRED CA 140,200.00 11.500 0.000
5100017119 n/a WELCH ARLENE K ID 27,000.00 9.625 0.000
5100017168 n/a BUSSARD RICHARD B WA 46,800.00 10.875 0.000
5100017275 n/a KRUG DARRELL L OR 95,800.00 9.500 0.000
5100017283 n/a NORDAHL LEE M CA 47,000.00 11.750 0.000
5100017333 n/a BLANSIT ROGER E MI 41,600.00 10.100 0.000
5100017341 n/a GOODSON EDISON JAMES OK 52,700.00 8.475 0.000
5100017465 n/a BECTON CECELIA MI 83,100.00 10.250 0.000
5100017481 n/a JACOB JOEL H CT 15,700.00 11.025 0.000
5100017499 n/a PIERETTI JOHN J WA 28,000.00 11.375 0.000
5100017507 n/a SHAW DEXTER CT 53,444.00 7.875 0.000
5100017556 n/a LARSON EDWARD CT 28,000.00 8.875 0.000
5100017564 n/a ALBRECHT KEVIN E ND 20,900.00 12.225 0.000
5100017606 n/a BLEVINS BRIAN D WA 60,100.00 10.250 0.000
5100017614 n/a FUCHS CURTIS C ND 13,200.00 11.375 0.000
5100017655 n/a AILOR DEBORA J WA 47,300.00 11.125 0.000
5100017689 n/a KELLER ALLEN L ND 30,300.00 12.875 0.000
5100017697 n/a JENSEN JULIE K SD 68,800.00 11.225 0.000
5100017705 n/a SHOCK JR CLARENCE E OR 223,000.00 8.875 0.000
5100017713 n/a RUNYON JOHNNY C WA 70,100.00 10.625 0.000
5100017721 n/a EVANS STEVEN O MI 18,300.00 12.125 0.000
5100017739 n/a BOSS RICK S ID 29,600.00 11.975 0.000
5100017754 n/a MASON HAROLD L MI 46,400.00 9.000 0.000
5100017762 n/a JOHNSON ERIC A MI 62,400.00 12.000 0.000
5100017788 n/a BUCHHOLDT ADRIAN WA 18,000.00 10.750 0.000
5100017804 n/a WILLIAMS RHONDA MI 35,500.00 12.500 0.000
5100017812 n/a GRACE GENE A WA 47,400.00 13.475 0.000
5100017820 n/a COLLINS LEONARD A MI 45,400.00 9.000 0.000
5100017846 n/a BROWN JOANNE E WA 66,800.00 9.625 0.000
5100017853 n/a BREKKE OVE WA 77,900.00 11.775 0.000
5100017879 n/a DODGE RICHARD SD 36,900.00 9.100 0.000
5100017887 n/a GILYARD ERVING FL 24,000.00 11.125 0.000
5100017895 n/a FLETCHER ROBERT P MI 100,800.00 9.625 0.000
5100017929 n/a TAYLOR GREGORY S OK 69,900.00 8.750 0.000
5100017937 n/a EVEY LARRY C OR 57,000.00 10.000 0.000
5100017945 n/a NDINYAH JOSEPHINE P M CT 54,100.00 13.025 0.000
5100017952 n/a JOHNSON LEWIS W MI 116,000.00 7.875 0.000
5100017978 n/a VANTASSEL JR HOWARD G ID 77,000.00 10.340 0.000
5100017986 n/a ZACHARY MICHAEL D MI 79,800.00 9.000 0.000
5100017994 n/a RIEGEL LAWRENCE J WA 28,000.00 11.225 0.000
5100018000 n/a SCHERBARTH SHERRY J MI 77,600.00 9.975 0.000
5100018018 n/a BECK TAB L OK 14,900.00 12.125 0.000
5100018026 n/a KOSAR ANDREW CT 123,000.00 8.600 0.000
5100018034 n/a MADDOX HELEN B SD 13,000.00 14.000 0.000
5100018042 n/a JAMES PATRICIA K CT 51,800.00 8.375 0.000
5100018067 n/a BOSZKO DARIUS MI 46,600.00 10.875 0.000
5100018075 n/a BEAMS LILLIAN D CT 42,300.00 8.250 0.000
5100018083 n/a OBENAUF DOUGLAS MI 40,400.00 13.250 0.000
5100018109 n/a BROCK GREGORY S SD 39,500.00 11.775 0.000
5100018125 n/a PEMBERTON ARLENE L OR 42,300.00 9.000 0.000
5100018133 n/a VAIELUA ASAFO L WA 72,100.00 8.875 0.000
5100018158 n/a SOLIVAN EDWARD CT 22,300.00 11.875 0.000
5100018166 n/a STEARNS ROBERT L MI 111,100.00 9.625 0.000
5100018174 n/a SWENSEN KELLY R ID 27,600.00 12.000 0.000
5100018182 n/a RAGAN GARY WA 169,600.00 9.125 0.000
5100018190 n/a ROBERTSON WILLIAM H OK 32,100.00 10.975 0.000
5100018208 n/a ALVIAR RODOLPH J WA 90,000.00 8.375 0.000
5100018216 n/a BUCHOWSKI EDWARD P MI 23,100.00 11.625 0.000
</TABLE>
<PAGE>
Page 40 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
5100018224 n/a FOURNIER WILLIAM T CT 35,700.00 10.625 0.000
5100018232 n/a STRANGE PETER CT 166,200.00 10.525 0.000
5100018240 n/a RICTOR LOREN P ID 28,000.00 10.350 0.000
5100018257 n/a SIMPSON CHARLES E MI 81,900.00 8.000 0.000
5100018265 n/a SIMPSON CHARLES E MI 20,900.00 10.625 0.000
5200000619 n/a CISHEK JEFFERY C FL 20,000.00 10.625 0.000
5200000627 n/a SAUR GLORIA A FL 33,500.00 11.375 0.000
5200000668 n/a SELDOMRIDGE JAMES DAVID FL 67,900.00 8.500 0.000
5200000684 n/a CROSBY GRACE GA 23,100.00 11.125 0.000
5200000718 n/a BEASLEY BOBBY G FL 106,700.00 11.125 0.000
5200000734 n/a NEES JOHN W FL 77,500.00 10.625 0.000
5200000767 n/a LEONARD NANCY M FL 13,500.00 12.875 0.000
5200000775 n/a PRATT WALTER FL 22,505.00 11.375 0.000
5200000783 n/a MCMILLEN KATHLEEN R FL 56,000.00 10.750 0.000
5200000817 n/a COLEMAN KENT R OH 38,700.00 7.875 0.000
5200000825 n/a STERN MARILYN S FL 34,100.00 9.875 0.000
5500001929 n/a BUCK JOHN B. NY 37,000.00 10.625 0.000
5500001952 n/a SIMS RONALD NJ 84,400.00 10.625 0.000
5500001994 n/a KINGSLEY DAVID R NY 20,000.00 13.750 0.000
5500002018 n/a KRONE JEANETTE MAHON NJ 32,500.00 9.875 0.000
5500002034 n/a DORRIS SHARON B NY 34,900.00 8.875 0.000
5500002042 n/a JUNNE SR GEORGE H NJ 15,800.00 12.025 0.000
5500002059 n/a ENGMANN ARNOLD G NY 75,500.00 8.750 0.000
5500002067 n/a ENGMANN ARNOLD G NY 12,100.00 11.625 0.000
5500002075 n/a PUGGIONI PATRICIA NY 104,500.00 9.500 0.000
5500002083 n/a POLINSKY JEANNINE NY 25,000.00 12.000 0.000
5500002091 n/a ATKINSON NANCY L. NJ 26,500.00 11.125 0.000
5500002109 n/a WRIGHT EDWARD L NJ 107,900.00 11.500 0.000
5500002117 n/a SHIELDS MARY L PA 51,800.00 14.250 0.000
5500002125 n/a VORHOFF RHONDA M MI 39,300.00 14.000 0.000
5600003643 n/a GUDGEL JENNETTE A MN 91,400.00 10.000 0.000
5600003866 n/a ENRIGHT KAREN C IL 73,400.00 8.500 0.000
5600003916 n/a BARKER WILLIAM D TN 79,500.00 9.000 0.000
5600003924 n/a BARKER WILLIAM D TN 20,200.00 11.375 0.000
5600003940 n/a WISE HOWARD D FL 31,000.00 10.625 0.000
5600003999 n/a ZWAR WALTER MI 35,000.00 13.375 0.000
5600004005 n/a LINDEGARDE BRIAN J OH 12,600.00 11.625 0.000
5600004013 n/a PAGE BRUCE I GA 90,800.00 11.000 0.000
5600004021 n/a DEPIETRO ELAINE C OH 43,500.00 11.625 0.000
5600004039 n/a JORDAN CLEO J TN 45,300.00 10.875 0.000
5600004062 n/a DAVIDSON DEAN K MN 45,500.00 13.250 0.000
5600004088 n/a CRAIG KIM R IL 18,200.00 14.000 0.000
5600004096 n/a LANE LINDA F IN 10,100.00 12.500 0.000
5600004104 n/a PERRY RANDY L TN 25,600.00 12.125 0.000
5600004112 n/a CHRISTIAN DORIS FL 53,400.00 11.125 0.000
5600004146 n/a CARLSON CORY J MN 17,900.00 14.000 0.000
5600004153 n/a PAVLYAK ELEONORE A FL 35,000.00 8.500 0.000
5600004161 n/a HOLDEN LAVONNE A MN 17,800.00 9.875 0.000
5600004179 n/a BOGOSKI DEE A MI 13,900.00 12.375 0.000
5600004187 n/a RUDOLL DONALD L WI 24,400.00 9.875 0.000
5600004195 n/a HANNA JOAN WI 43,300.00 11.275 0.000
5600004203 n/a POTTS LESLIE L GA 61,100.00 7.875 0.000
5700001646 n/a HARTZELL,JR EVANS CHARLES MI 65,500.00 11.375 0.000
5700001661 n/a BROOKS DONALEEN M IA 39,100.00 11.750 0.000
5700001679 n/a BADDER ADELLA FRANCIS MI 42,100.00 10.875 0.000
5700001703 n/a RITT KATHERINE AZ 58,225.00 11.250 0.000
5700001737 n/a MANLEY DONNA K CO 24,100.00 11.750 0.000
8000000847 n/a NIELD OGDEN FL 22,000.00 14.240 0.000
8000003213 n/a BROOKS LINDA L. CO 76,000.00 8.420 0.000
- -------------------------------------------------------------------------------------------
Fixed Rate Loans Set to Close 876 56,656,384.00
</TABLE>
<PAGE>
Page 41 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------
FIXED RATE LOANS APPROVED
- -------------------------
<S> <C> <C> <C> <C> <C> <C>
106161648 n/a VITA JAMES NY 300,000.00 11.200 0.000
106162416 n/a LESPERANCE GERALD P RI 129,500.00 10.950 0.000
106162503 n/a TIBOLLA LOUIS NJ 95,000.00 14.900 0.000
106162932 n/a FINKE WILLIAM NY 130,000.00 11.350 0.000
106163066 n/a SIONY NATHAN NY 98,700.00 13.000 0.000
106163645 n/a RITTER MALCOM NY 364,000.00 12.350 0.000
106163653 n/a HOUSEIN FISAL NY 150,000.00 11.750 0.000
106163660 n/a FORD WEEDA PA 15,900.00 13.090 0.000
106163683 n/a DRAG RICHARD B NJ 101,500.00 10.750 0.000
106163946 n/a STRAIGHT PROPERTIES LLC NY 145,000.00 12.000 0.000
106164113 n/a SHALLO REALTY CORP NY 245,000.00 10.850 0.000
106164317 n/a SHOREY REGINALD IL 101,200.00 7.125 0.000
106164362 n/a GRACI DOMINICK NY 150,000.00 7.375 0.000
106164379 n/a HAM KENT A. IN 39,500.00 8.750 0.000
106164479 n/a MONTEMAYOR GUSTAVO C. TX 89,600.00 10.550 0.000
106164480 n/a DUDZIK DOUGLAS IL 163,200.00 7.000 0.000
106164552 n/a SMITHERS JODY M. NY 24,200.00 9.250 0.000
106164593 n/a FOYE ELVIN NC 52,500.00 10.670 0.000
106164614 n/a GAETANO EMIL M VT 16,500.00 12.850 0.000
106164630 n/a SHAUGHNESSY WILLIAM IL 10,800.00 12.750 0.000
106164687 n/a MCKILLIP MARK TX 70,000.00 9.550 0.000
106164702 n/a HYERCZYK RICHARD IL 32,000.00 7.125 0.000
106164708 n/a MCALLISTER STEPHEN MA 52,000.00 9.570 0.000
106164725 n/a SCHNEEBERGER KARL IL 11,500.00 10.250 0.000
106164733 n/a CRAIG ANTHONY T. TX 72,000.00 13.020 0.000
106164786 n/a CAMPBELL PATRICK NM 28,000.00 10.150 0.000
106164789 n/a HARRISON, SR. DAVE E. TX 74,600.00 9.650 0.000
106164790 n/a BALDWIN JAMES TX 64,000.00 10.150 0.000
106164818 n/a KLUK SAM TX 35,000.00 9.850 0.000
106164825 n/a KELPE ROLAND TX 53,600.00 8.650 0.000
106164860 n/a LIONIKIS JAMES MI 28,500.00 11.000 0.000
106164864 n/a FREEMAN KAREN AL 70,000.00 9.500 0.000
106164882 n/a NOGGLE TOMMY L TX 60,800.00 8.900 0.000
106164954 n/a MAY TROY TX 28,100.00 9.400 0.000
106164967 n/a SIMPSON JAMES D OH 20,000.00 9.900 0.000
106164974 n/a LEAL, JR. JOE M. TX 55,600.00 10.050 0.000
106164982 n/a SOBOTKO HAROLD FL 15,000.00 12.000 0.000
106164983 n/a REED LARRY IL 17,000.00 11.550 0.000
106164985 n/a GUTIERREZ JAUN TX 40,000.00 10.550 0.000
800791709 n/a CHISHOLM MICHAEL C FL 72,250.00 10.400 0.000
800795346 n/a CEPEDA ADELINE RI 75,400.00 11.600 0.000
800809170 n/a ABDALLA SONAYA NJ 72,900.00 10.650 0.000
800877664 n/a FESSETTE ILENE NY 91,000.00 12.250 0.000
800880171 n/a STOCKER RONALD F. FL 44,200.00 10.350 0.000
800898553 n/a CUMMINGS LINDA FL 32,300.00 11.750 0.000
800899635 n/a CASEY JOHN E PA 62,300.00 12.490 0.000
800900888 n/a HENRY LILLIAN BROWN FL 23,200.00 10.600 0.000
800926941 n/a LAROSE PAUL A NY 20,000.00 10.350 0.000
- ------------------------------------------------------------------------------------------
Fixed Rate Loans Approved 48 3,743,350.00
</TABLE>
<PAGE>
Page 42 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
ARM LOANS SET TO CLOSE
- ----------------------
<S> <C> <C> <C> <C> <C> <C>
106164823 n/a COLSTON KING P. OH 70,400.00 8.750 5.000
106164827 n/a KOGER JESSE MARIE AL 63,500.00 11.500 7.000
106164833 n/a MOORE KEVIN S IL 90,000.00 10.250 6.000
106164895 n/a GUSTIN RICHARD LEE IL 58,000.00 12.750 8.000
106164913 n/a HESS THOMAS J. IN 100,000.00 10.625 6.750
106164976 n/a CULLEN JR. ARTHUR J. IL 139,500.00 10.750 7.250
106165009 n/a JOHNSON JANE ANN IL 100,000.00 11.850 7.600
106165011 n/a SCHIFF MICHAEL M. IL 118,600.00 12.250 8.000
800597205 n/a SEITZ LORRIE IN 89,600.00 12.125 9.250
800618472 n/a WYCHE VEDA OH 188,000.00 12.375 7.750
800672230 n/a YOUNG CHIU YIN LUEN OH 272,000.00 11.625 8.000
800710139 n/a O'NEAL DEBORAH P. MI 69,300.00 11.000 7.375
800710923 n/a MCGLYNN EUGENE J PA 64,800.00 10.375 7.000
800711749 n/a MONTIGNEY SR ARTHUR W PA 45,000.00 10.750 7.375
800717621 n/a HERNANDEZ WILLIAM G CA 117,000.00 9.750 6.375
800722183 n/a MONGER CHRISTOPHER T VA 96,800.00 9.875 5.750
800726051 n/a FISCUS BRIAN P OH 49,200.00 12.500 8.625
800726929 n/a ARSENEAULT ROBERT H MA 64,800.00 11.375 7.250
800732174 n/a MASSEY VERNON A NJ 55,250.00 12.250 8.125
800733743 n/a DAVIS JAMES M OH 69,300.00 10.000 6.250
800737587 n/a MERCADO LUIS R IL 96,000.00 11.375 7.000
800740854 n/a SHEPPARD HELEN A NY 234,500.00 9.250 5.625
800741175 n/a SANCHEZ SUSANA CT 166,500.00 9.875 6.625
800741969 n/a POUNG NEARIROTH WA 91,375.00 10.500 7.875
800742579 n/a DWYER STEVEN J NY 67,950.00 10.625 7.000
800742991 n/a JOYCE THOMAS NY 151,200.00 11.000 6.875
800746307 n/a HOPEWELL THOMAS H NJ 41,000.00 9.625 6.250
800747974 n/a ROBINSON FREDERICK D NY 60,000.00 9.500 6.125
800749129 n/a COLEMAN JERRY PA 129,600.00 13.000 9.125
800749749 n/a PASQUEAL JOSEPH PA 44,000.00 9.375 6.250
800752552 n/a TOLSON VONDA NY 88,000.00 13.000 9.125
800754632 n/a BENNETT THOMAS NJ 119,000.00 11.125 7.875
800755886 n/a CARTER ARTHUR MI 148,700.00 9.625 6.000
800756504 n/a CHARLTON RANDALL C IN 67,950.00 9.875 6.250
800759441 n/a KAVANAGH MARY M NY 100,000.00 10.750 7.125
800761223 n/a MARKUS JOSEPH E PA 67,575.00 11.000 7.000
800763286 n/a ASAYAN VAHE NJ 92,000.00 9.125 5.875
800763781 n/a WEBB DAVID IL 200,700.00 10.750 7.375
800766123 n/a PITTS MARIA PA 162,400.00 10.125 6.625
800766198 n/a ZAYA ASIL MI 157,200.00 8.875 5.000
800766453 n/a BRUMLEY CHRIS L OH 56,000.00 12.875 9.500
800766552 n/a BROWN JUDY MARIE TN 81,000.00 11.625 8.000
800766677 n/a CERULLI JOHN C MA 191,200.00 8.875 6.500
800767857 n/a FISHER DAVID A GA 114,750.00 10.250 6.125
800768434 n/a BROWN GREGORY NY 60,000.00 11.250 7.125
800768673 n/a LONG JOHN E PA 28,000.00 8.750 5.000
800768715 n/a LIENENGER KEVIN MI 90,000.00 10.875 6.500
800768897 n/a SAUL HEATHER NY 62,400.00 12.750 9.000
800769200 n/a BELL ESTHER MI 144,500.00 11.375 7.375
800771487 n/a KRETZER WILLIAM NJ 51,000.00 10.625 7.375
800772675 n/a SMITH DEREN UT 119,700.00 10.500 7.375
800775272 n/a MANISCALCO RONALD CO 95,200.00 10.625 7.750
800777781 n/a MCSORLEY W EARL DE 50,000.00 8.750 5.125
800781304 n/a OBREGON DIANE J NY 68,000.00 11.875 7.750
800782849 n/a BARNETT SADIE NJ 58,500.00 13.500 9.000
800782898 n/a TIMKO MICHAEL J PA 30,330.00 10.750 7.375
800782971 n/a NARDONE VINCENT R PA 48,600.00 9.750 6.125
800784027 n/a D'ALESSIO MICHAEL NY 160,000.00 9.500 6.125
800785180 n/a TORRES BENJAMIN UT 96,000.00 12.875 9.300
800785560 n/a NOVAK DAVID R PA 87,750.00 10.750 7.375
800787418 n/a ALONGI MICHAEL NY 148,800.00 11.750 8.000
</TABLE>
<PAGE>
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A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800787491 n/a RIGON RUDY NY 128,000.00 8.500 5.125
800788127 n/a BROWN ANNIE B. IL 53,300.00 11.875 7.250
800789117 n/a LARRINGA EDUARDO NY 82,000.00 11.125 7.250
800789364 n/a BAYARI HUSAM NJ 173,250.00 10.750 7.375
800789463 n/a GEDDES CARLOS NY 220,000.00 9.875 6.625
800789836 n/a GRANT JEAN NY 140,000.00 13.000 9.125
800789877 n/a BOOKER JR ABRAHAM E IL 82,800.00 9.875 7.000
800790073 n/a FLORA II LOUIS NJ 102,000.00 10.875 7.250
800790479 n/a GRAHAM EVRIT M CT 98,400.00 9.750 6.000
800790966 n/a OSEI FAUSTINA NY 263,989.00 12.625 8.500
800791592 n/a SCHULER ROGER L. IL 92,000.00 11.000 6.875
800792186 n/a MORGESE ANTHONY NJ 110,000.00 10.000 6.375
800793218 n/a MACKUSE SONJA M PA 122,000.00 7.625 4.750
800795270 n/a ZWIEG CLARK C WA 69,750.00 8.875 5.500
800796021 n/a PADGETT BECKY J IN 46,400.00 10.375 5.750
800797029 n/a THOMAS GEORGE H NC 43,050.00 12.250 8.125
800799835 n/a HOEFER JAY CT 220,000.00 11.500 7.875
800800641 n/a MONHOLLEN DARREN OH 63,600.00 9.500 5.750
800801755 n/a SY-TOURE ABOUBACAR NY 116,086.50 10.000 6.625
800805384 n/a MANANSALA MARIA NJ 151,200.00 9.625 6.750
800806101 n/a CABREJOS ANTONIO NJ 202,500.00 9.625 6.250
800806523 n/a MILLER DANIEL L OH 69,750.00 12.000 7.875
800807281 n/a WITTE ULRICH K CT 180,000.00 8.750 5.375
800808800 n/a GANO DONALD E OH 83,300.00 11.875 7.750
800808859 n/a HURLING CARMELA NJ 75,000.00 9.500 5.975
800811481 n/a STEINMAN KYLE A MI 74,400.00 12.750 9.000
800812372 n/a SARSFIELD MARY ANN NY 166,400.00 11.750 8.500
800812901 n/a GARRIDO FREDDY NJ 76,000.00 10.625 7.000
800813990 n/a MARSHALL GEORGE CT 130,000.00 9.500 6.250
800815664 n/a FOLEY DOROTHY M PA 132,000.00 13.375 9.500
800816688 n/a GASSICK IRIS NY 60,000.00 10.875 6.250
800817041 n/a DEATON KAREN L SC 75,000.00 10.750 7.125
800818296 n/a RAINS THOMAS R UT 99,000.00 10.250 7.375
800818676 n/a RAY BONNIE J A NJ 272,000.00 12.375 8.625
800821241 n/a BRUMBAUGH DAVID M PA 43,200.00 9.375 6.250
800821407 n/a GUCCIARDI BARBARA NJ 103,920.00 12.375 8.625
800822124 n/a SOLER ANTOINETTE NY 162,000.00 10.375 7.000
800822363 n/a SATTAR A. ZAN FL 133,600.00 12.375 8.250
800822629 n/a SAGE MARTHA A VA 104,000.00 10.875 7.250
800822793 n/a NAZARETH J NATHANIEL RI 190,800.00 10.250 6.625
800823528 n/a GODFREY KEN NY 148,750.00 11.375 7.750
800823767 n/a GOODINSON GLORIA A MA 32,000.00 9.500 5.750
800824112 n/a VELEZ FRANCISCO W CO 147,900.00 10.750 7.000
800825218 n/a EBERHARD VANCE A MI 70,500.00 11.750 7.875
800825630 n/a BURKE STEVEN TX 56,000.00 10.125 6.750
800825721 n/a MUCA MIRVET S CT 262,500.00 11.875 8.000
800826273 n/a CERVANTES RAMIRO IL 124,000.00 12.625 8.750
800826646 n/a LEIDICH LANCE S PA 80,500.00 8.500 5.500
800826992 n/a THOMPSON MICHAEL J MI 56,900.00 12.250 8.125
800827305 n/a ROMMEL DAVID G CO 81,600.00 11.000 7.875
800827636 n/a MARSH PAMELA J MI 77,300.00 12.500 8.625
800828345 n/a MCCARTNEY KENNETH D VA 98,800.00 10.750 7.000
800829467 n/a CURTIS RUSSELL PA 76,000.00 9.875 6.500
800829871 n/a HARRIS JR HARRY BERNARD GA 51,100.00 10.625 6.500
800829897 n/a COLLINS DANIEL PA 107,000.00 13.000 9.125
800830283 n/a JOHNSON LAVERNE B SC 76,500.00 12.000 8.375
800831810 n/a TAYLOR DEBORAH A PA 500,000.00 9.625 6.000
800832768 n/a TUTEIN RICHARD NY 148,000.00 10.250 6.875
800833022 n/a BALENTON CHERYL M IL 80,000.00 11.375 7.500
800833048 n/a RAY MARGARET NC 500,000.00 12.125 8.250
800834491 n/a FRAZER DENNIS L MN 113,400.00 9.375 5.750
800834889 n/a KRONICK NORMAN I CT 73,950.00 10.375 6.750
800835209 n/a DERBY BRIAN C NY 45,000.00 11.500 7.875
</TABLE>
<PAGE>
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A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800835688 n/a FORD ANDREA NY 165,700.00 11.500 7.875
800835720 n/a VELEZ KELLY NJ 265,500.00 10.250 6.250
800836280 n/a RUSSO CHRISTOPHER C NJ 158,400.00 9.625 6.250
800836488 n/a JACKIE JEFFREY CT 75,240.00 10.750 7.375
800837692 n/a AVERY MICHAEL PA 162,400.00 12.500 8.625
800838104 n/a ZIMMERMANN DENISE NY 89,600.00 12.750 9.000
800838401 n/a OLSZEWSKI RICHARD A MI 139,400.00 11.625 7.875
800838799 n/a BUSER KENNETH P NJ 238,000.00 10.000 7.125
800838815 n/a ROBINSON MICHAEL J. AZ 180,000.00 10.125 6.500
800838971 n/a KNICKERBOCKER CHESTER E. FL 80,000.00 10.875 7.000
800840985 n/a DUFFY MARY ANNE PA 67,500.00 9.250 5.500
800841025 n/a BALDONI MARK PA 111,350.00 9.875 7.080
800841553 n/a SCHAAR DAVID L PA 99,200.00 12.250 8.625
800841645 n/a OREBEK NORMAN D PA 75,000.00 8.250 5.250
800841678 n/a CACACE FREDDY NY 142,800.00 10.750 7.500
800842007 n/a LEHR KARL W MD 112,000.00 9.875 6.375
800842098 n/a THORNE HAZEL NY 84,000.00 12.750 9.000
800842247 n/a KUFRO RICHARD PA 114,750.00 12.250 7.125
800843161 n/a JAMES EGBERT NJ 73,090.00 12.625 8.500
800843377 n/a HEFFER ARTHUR J PA 120,000.00 11.000 7.375
800843849 n/a RUBINO GEORGE NJ 210,000.00 10.625 6.500
800844201 n/a GHARIB JAWAD MI 100,000.00 8.875 5.125
800845265 n/a LYONS DEBRA L IN 52,900.00 9.875 6.250
800845646 n/a WILLIS-KRNA PAM NY 44,200.00 12.750 8.375
800845802 n/a KEANE JOAN NJ 62,250.00 9.500 5.875
800846016 n/a MCCANN ESTHER P NY 87,800.00 9.625 6.000
800846636 n/a GAYNOR COLEEN A NY 135,900.00 12.250 7.875
800847196 n/a REYNOLDS GREGG A OH 26,900.00 10.375 7.000
800848723 n/a JOHNSON ALYCE M PA 50,000.00 11.375 7.250
800848954 n/a MACAULEY BERNADETTE M MI 106,200.00 10.500 6.250
800849960 n/a RAMLOGAN PETER R NJ 61,200.00 11.375 7.375
800850166 n/a KORNMEIER TERRELL GA 81,600.00 10.375 7.000
800850224 n/a HERNANDEZ JR FERNANDO CT 104,000.00 12.500 8.100
800851271 n/a LANGFORD DONALD G IN 44,100.00 9.875 6.250
800851636 n/a BOLDS SHELLY L PA 44,000.00 13.375 9.500
800852014 n/a ROTHMAN JR GERALD CT 79,940.00 11.500 7.875
800852188 n/a ELLISON BARRY E CT 48,850.00 11.500 7.875
800852212 n/a RICHKO ALBERT MI 45,400.00 9.125 5.750
800852287 n/a RIVERA HENRY MI 143,000.00 10.625 7.125
800852337 n/a COLSTON BRENDA G MI 38,000.00 13.375 9.500
800852378 n/a SCANTLEBURY SYLVAN NY 48,000.00 7.625 4.375
800853178 n/a MIDDLETON ROBERT L NY 127,500.00 11.500 7.875
800853707 n/a SINGH BALBIR NY 400,000.00 10.750 7.000
800854960 n/a CHEEMA SITAL S NY 170,000.00 11.500 7.875
800855314 n/a ROGERS LOUIS A TX 96,000.00 10.250 6.000
800855488 n/a STOEHR ERIC J PA 27,500.00 11.125 7.000
800855702 n/a RAY GARY MI 103,500.00 10.875 7.750
800855801 n/a KILINSKI DONALD NJ 126,000.00 10.750 7.375
800856023 n/a SWIATEK PATRICIA NJ 70,000.00 13.125 8.750
800856650 n/a MARSH JERRY NY 55,200.00 13.000 9.125
800857369 n/a SHAFFER BOBBIE MD 81,000.00 10.750 7.375
800858268 n/a THORTEN CARLINE NY 119,250.00 11.000 7.375
800858920 n/a KRUSZKA JOSEPH R SC 135,000.00 9.750 6.125
800859944 n/a COLELLA JOSEPH M NJ 84,000.00 12.000 8.250
800860314 n/a BRAND CARL D MA 293,250.00 10.750 8.000
800860363 n/a FERGUSON STACY OH 62,000.00 12.250 8.125
800860546 n/a SCHLATER ROBERTA L OH 45,000.00 13.125 9.250
800860975 n/a SMITH MICHAEL S PA 112,000.00 9.875 6.625
800861759 n/a NAYLOR JOHN UT 21,000.00 9.625 6.375
800861973 n/a COWARD JOSEPH NJ 35,000.00 12.375 8.500
800862088 n/a BRYANT WILLIAM E. JR. OH 52,800.00 13.625 9.750
800862245 n/a BARANYAY MARGARET PA 50,000.00 8.500 5.250
800862781 n/a PATTERSON JANET MI 132,000.00 9.375 6.250
</TABLE>
<PAGE>
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A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800863201 n/a WRIGHT BRENDA C FL 48,000.00 10.000 6.375
800863409 n/a MARO ANTHONY PA 63,750.00 10.875 6.500
800864308 n/a LEE JULIANNE WA 202,300.00 9.000 5.250
800865289 n/a OBRAY LARRY JEFF UT 57,800.00 9.375 5.875
800865503 n/a NICHOLS SCOTT A PA 28,800.00 9.500 5.500
800865750 n/a PULLINGS ORRIN NY 136,000.00 9.375 6.000
800865933 n/a GREENAGEL JUDD P MN 96,000.00 13.625 9.500
800866014 n/a GUILBERT MARGUERITE NY 200,000.00 10.500 7.000
800866030 n/a PIVERGER MARIE M NY 165,948.00 12.375 8.750
800866360 n/a MORGAN THOMAS R UT 160,000.00 8.125 5.000
800866428 n/a PARKS JAMES W PA 14,300.00 9.250 5.500
800866667 n/a WHITTINGTON MICHAEL R TX 99,200.00 10.250 6.000
800867319 n/a KISSANE PATRICK NJ 130,900.00 10.625 6.750
800867699 n/a MCKINNEY JR DAVID W PA 44,925.00 9.875 6.375
800868622 n/a LEWIS BARBARA NY 77,600.00 11.750 7.500
800869257 n/a EDWARDS ALFRED NY 187,000.00 11.750 7.875
800869315 n/a HEAD JR. WILLIAM OH 62,400.00 12.125 8.000
800869497 n/a BENSON DONALD E. OH 128,000.00 11.625 8.000
800869547 n/a GUTSTEIN ALLEN E PA 120,700.00 12.500 7.875
800869794 n/a DUNNE SHERYL PA 65,000.00 10.250 6.625
800871071 n/a MONTES ELVIN PA 137,250.00 9.750 5.875
800871238 n/a TICE CHRISTOPHER L DE 78,000.00 11.375 7.500
800871295 n/a TERRIAN WILLIAM D MI 76,000.00 9.375 5.750
800871949 n/a CARRASQUILLO NEVILL NJ 120,000.00 13.375 8.750
800871956 n/a NOCON CHARITO P NJ 70,000.00 9.875 6.250
800872194 n/a ROJAS JOSE R NY 61,600.00 12.000 7.875
800872558 n/a WILEY AUDREY NJ 68,000.00 10.625 6.750
800872780 n/a FLIPPEN EDWARD PA 85,000.00 11.375 7.000
800872954 n/a DIETERLE KATHLEEN S MI 94,500.00 9.625 6.625
800875676 n/a GEORGE JEREMY NY 199,750.00 12.500 8.125
800875833 n/a HINER VON R MI 65,600.00 13.375 9.500
800876245 n/a GREEN ANCEL D PA 165,750.00 9.750 6.125
800876468 n/a LAGROSA MARISTELLA C NJ 88,500.00 11.125 8.120
800876807 n/a AURELIEN ALEXANDRA NY 191,250.00 11.125 7.125
800877128 n/a BELLOT VENESSA GA 114,300.00 10.375 7.375
800877144 n/a BOLES THOMAS T FL 59,500.00 8.875 5.000
800877516 n/a FORBES DENIS S VA 75,960.00 12.375 8.000
800877631 n/a ROSE LESLIE NY 335,000.00 8.500 5.500
800877680 n/a HUTSON DAWN FL 59,500.00 10.250 5.750
800878555 n/a NICHOLAS III THOMAS A. MI 100,000.00 9.000 5.750
800878704 n/a MYERS PHILLIP J PA 158,000.00 12.625 8.750
800879181 n/a FISHER CHARLES NY 115,411.00 10.500 6.875
800879355 n/a NORTON ROBERT H CO 132,300.00 10.000 7.375
800879769 n/a JOUJA YOUSIF MI 78,000.00 9.750 6.125
800879801 n/a PHILLIPS JAYME R KY 60,800.00 13.125 9.500
800879967 n/a BOOTH BECCI UT 87,600.00 13.375 9.250
800880734 n/a FAMOUS CHARLES C MD 56,800.00 12.125 9.125
800881112 n/a WALKER DONALD R TX 122,825.00 8.875 5.500
800881138 n/a DAVIDS STEVEN E. IL 75,000.00 12.375 8.250
800882045 n/a WARNER DALE E PA 41,410.00 9.875 6.250
800883209 n/a AMIN YOGIN A MI 265,200.00 9.250 6.125
800883324 n/a BATTLE BERNICE NY 140,000.00 11.125 7.000
800884033 n/a VAUGHAN DAISY PA 30,000.00 11.375 7.250
800885113 n/a SYLAS EDDIE IL 184,500.00 11.000 7.375
800885246 n/a HOWARD PAM CO 69,000.00 9.625 6.375
800886632 n/a EMERY TAMMY L NJ 42,400.00 11.875 8.625
800886764 n/a CONAWAY CAROL D GA 140,000.00 10.000 6.125
800886939 n/a WASHINGTON DENNIS MI 138,700.00 11.875 8.875
800887127 n/a KERMANI CHRISTOPHER CA 204,750.00 8.250 5.500
800887713 n/a FLORES LORENSO B PA 148,500.00 8.875 5.875
800887747 n/a KRIEGER LOUIS PA 46,300.00 11.750 7.625
800888166 n/a PIERCE MARTHA H TX 26,600.00 8.750 5.875
800888687 n/a MARKHO ANGELA MI 188,400.00 11.375 7.500
</TABLE>
<PAGE>
Page 46 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800888695 n/a TORRES RUBEN NY 148,750.00 10.625 6.750
800889008 n/a SILVA MIGUEL A MA 75,400.00 11.875 7.850
800889511 n/a ROGERS DONNA J FL 63,920.00 12.375 8.000
800890493 n/a GAMSBY DONALD J NJ 89,500.00 10.500 6.875
800890634 n/a HANRAHAN PHILIP NJ 130,500.00 9.875 6.625
800890808 n/a LARSON KURT UT 85,500.00 10.625 7.750
800890998 n/a SHIVERS MYRA J MI 51,200.00 13.250 9.125
800891376 n/a SORRENTINO PATRICK CT 135,920.00 9.000 5.500
800891434 n/a AL-JUBURY HAITHAM MI 101,100.00 10.875 6.625
800891731 n/a TOTH JOSEPH B IN 102,000.00 11.500 7.875
800891855 n/a ALI KHALED AHMED IL 212,000.00 10.000 6.250
800892366 n/a MALONEY JOSEPH J PA 81,300.00 8.875 5.750
800892960 n/a PACHECO JESUS NY 166,500.00 10.000 6.375
800893000 n/a WATSON DAVID L MA 56,000.00 10.625 6.500
800894248 n/a BENSTER DANIEL PA 154,800.00 11.375 7.750
800894339 n/a ALLISON TROY UT 233,750.00 11.000 7.875
800895336 n/a GREER DENNIS D MI 130,900.00 10.625 6.750
800895377 n/a CLAYTON KATHLEEN A UT 153,000.00 10.375 7.375
800895690 n/a RIGOS VASILIOS PA 145,600.00 13.125 9.250
800895708 n/a PRAUL JAMES B PA 113,600.00 12.875 8.750
800896490 n/a BROWN-SULLIVAN ANTOINETTE PA 103,600.00 10.375 6.625
800896763 n/a BECK DONALD PA 112,400.00 12.875 8.750
800897100 n/a PARDO MONICA NJ 63,000.00 9.875 6.250
800897365 n/a HAN KYUNAM NJ 321,700.00 11.625 7.500
800897654 n/a DIAMOND NEIL W NY 152,150.00 11.500 7.875
800897696 n/a MACENA ANDRE MA 129,200.00 10.000 6.250
800897738 n/a LEWIS CLARA L FL 86,400.00 11.625 7.500
800898223 n/a CHALFIN DAVID NY 212,000.00 10.375 6.625
800898298 n/a KING III THEODORE O NJ 76,500.00 11.375 7.375
800899437 n/a EWING NATALIE PA 41,600.00 9.750 6.000
800899718 n/a ALLISON PATRICK MI 131,400.00 11.000 7.375
800900268 n/a DEWAN CAROL M FL 84,600.00 9.125 5.750
800900524 n/a SIMMS DOMINIQUE NJ 42,500.00 10.750 7.000
800900649 n/a ERDEL KENNETH W SC 41,400.00 9.875 6.250
800902371 n/a BASILE JOSEPH L NY 189,000.00 8.875 5.375
800902975 n/a STEBNER DEREK WA 209,000.00 8.500 5.500
800903338 n/a BURGETT DAVID R PA 49,500.00 9.875 6.250
800903973 n/a LOUISSAINT MARYSE NY 180,000.00 10.750 7.375
800904708 n/a SHAFFER VICTORIA J NY 56,400.00 9.875 6.250
800905564 n/a HEATH CHARLES W JR FL 67,915.00 10.875 7.250
800906430 n/a CONNERS GENEVA MI 85,000.00 12.375 8.625
800906604 n/a VASKO DAYLE S OH 63,700.00 11.625 7.000
800906786 n/a BEAM RANDY S PA 140,250.00 9.125 6.125
800907057 n/a SUSBILLA JAMES PHILLIP CO 104,000.00 8.625 5.000
800907313 n/a CESARE FRANK NY 146,250.00 10.625 7.166
800907727 n/a BOGACKI EDWARD R. IL 499,900.00 9.875 6.250
800908030 n/a VACHEREESE VINCENT M OH 72,800.00 12.125 8.000
800908667 n/a LARSON MARK R IA 52,000.00 13.125 8.750
800909459 n/a LEON YOLANDA C FL 55,920.00 10.750 7.500
800909723 n/a KAUR BRIJWANT NY 211,650.00 11.375 7.375
800910291 n/a POUNCY III THADDIS C MI 25,800.00 10.125 6.625
800910507 n/a TYSON MARY E NJ 43,400.00 11.875 8.000
800910531 n/a PARKER BARBARA IL 63,000.00 10.625 7.000
800910747 n/a CURVEY THOMAS AARON TX 71,200.00 12.125 8.000
800912123 n/a SCULLY SEAN NY 113,600.00 11.125 7.500
800912255 n/a COLATRELLA JOHN NJ 128,000.00 9.750 6.375
800913279 n/a TELLIS MICHAEL L OH 71,400.00 12.000 7.875
800914194 n/a ROMINES LUTHER JOE TX 113,900.00 9.500 5.750
800914293 n/a PARKER FREDDERICK NJ 20,245.00 9.750 6.875
800914905 n/a CARTER MARK D PA 54,000.00 10.750 7.375
800915266 n/a PARKER FREDDERICK NJ 24,295.00 9.750 6.875
800915472 n/a BOSEMAN DARRYL NY 135,000.00 10.750 7.375
800915530 n/a AL-MUHANA SALIH MI 85,500.00 10.750 7.375
</TABLE>
<PAGE>
Page 47 of 47
A L L I A N C E F U N D I N G
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-2 as of 6/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800916157 n/a ROSE DANIEL A PA 77,400.00 10.750 7.375
800916389 n/a MISEVICIUS MILDA NJ 427,500.00 10.750 7.375
800918674 n/a WHITE JR STEPHEN R. IN 51,000.00 11.375 7.000
800919037 n/a WARD ALFRED GA 121,400.00 10.750 7.375
800920399 n/a TAMUKEY VICTORIA NY 166,500.00 9.625 5.875
800921009 n/a WILLIAMS MELVIN B NJ 207,900.00 9.625 6.250
800921652 n/a KIRKLAND TAMMY PA 29,600.00 12.500 8.625
800922064 n/a BREWINGTON MYRON F NC 136,000.00 10.500 6.250
800922981 n/a DONNELLY FREDERICK NY 135,000.00 10.750 7.375
800924094 n/a HURD ANDREW J PA 122,100.00 10.125 7.250
800925182 n/a RUIZ MARIA M VA 66,600.00 9.875 6.250
800925497 n/a SNADER MERLE J PA 65,000.00 8.000 4.625
800925554 n/a PHELPS RONALD A PA 150,000.00 8.250 5.000
800927022 n/a HERNANDEZ IRIS CT 50,000.00 11.375 7.500
800927188 n/a LEWIS MARY E CO 101,150.00 10.625 6.750
800927287 n/a ALHAJ SHAWKI M MI 34,400.00 10.625 6.500
800927907 n/a PINEDA CORAZON A NJ 38,000.00 12.625 8.750
800928194 n/a YEATES MICHAEL W UT 202,800.00 12.125 8.000
800931065 n/a JONES SCOTT R IN 70,400.00 8.625 5.000
800931651 n/a BARANO JOSE GA 63,000.00 9.625 6.000
800931909 n/a MING LEESA NY 187,000.00 11.500 7.875
800932709 n/a THOMAS ELMER E. IL 32,200.00 11.875 8.000
800937260 n/a BERNADEL MARIE NY 157,250.00 11.000 7.875
800937450 n/a GRABOWSKI WILLIAM S AZ 137,600.00 9.750 6.875
800939043 n/a ARRINGTON EUGENE A MD 260,000.00 9.625 5.250
800941080 n/a TILLEY LEQUITTA A OH 40,960.00 10.875 6.500
800941312 n/a HENNEMANN MARTIN A NY 55,100.00 11.000 6.950
8000000342 n/a RASWEILER DONALD C. NJ 417,000.00 9.875 6.250
- -------------------------------------------------------------------------------------------
ARM Loans Set to Close 341 38,084,749.50
</TABLE>
<PAGE>
EXHIBIT S
MORTGAGE LOANS 30 OR MORE DAYS DELINQUENT
<PAGE>
EXHIBIT T
SUBSEQUENT TRANSFER INSTRUMENT
Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
___________, 199__, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of June 1, 1998, by and among Superior
Bank FSB, as Depositor and Servicer, and LaSalle National Bank, as Trustee (the
"Pooling and Servicing Agreement"), the Depositor and the Trustee agree to the
sale by the Depositor and the purchase by the Trustee, on behalf of the Trust
Fund, of the Mortgage Loans listed on the attached Schedule of Mortgage Loans
(the "Subsequent Mortgage Loans").
Capitalized terms used and not defined herein have their respective
meanings as set forth in the Pooling and Servicing Agreement.
Section 1. Conveyance of Subsequent Mortgage Loans.
(a) The Depositor does hereby sell, transfer, assign, set over and convey
to the Trustee, on behalf of the Trust Fund, without recourse, all of its right,
title and interest in and to the Subsequent Mortgage Loans, excepting the
Depositor's Yield, and including all amounts due on the Subsequent Mortgage
Loans after the related Subsequent Cut-Off Date, and all items with respect to
the Subsequent Mortgage Loans to be delivered pursuant to Section 2.04 of the
Pooling and Servicing Agreement; provided, however that the Depositor reserves
and retains all right, title and interest in and to amounts (including
Prepayments, Curtailments and Excess Payments) due on the Subsequent Mortgage
Loans on or prior to the related Subsequent Cut-off Date. The Depositor,
contemporaneously with the delivery of this Agreement, has delivered or caused
to be delivered to the Trustee or, if a Custodian has been appointed pursuant to
Section 12.12 of the Pooling and Servicing Agreement, to the Custodian each item
set forth in Section 2.04 of the Pooling and Servicing Agreement. The transfer
to the Trustee by the Depositor of the Subsequent Mortgage Loans identified on
the Mortgage Loan Schedule shall be absolute and is intended by the Depositor,
the Servicer, the Trustee and the Certificateholders to constitute and to be
treated as a sale by the Depositor to the Trust Fund.
(b) The expenses and costs relating to the delivery of the Subsequent
Mortgage Loans, this Instrument and the Pooling and Servicing Agreement shall be
borne by the Depositor.
(c) Additional terms of the sale are set forth on Attachment A hereto.
<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.
<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: _______________________________
Name:
Title:
AFC MORTGAGE LOAN ASSET
BACKED CERTIFICATES, SERIES 1998-2
By: LASALLE NATIONAL BANK,
as Trustee
By: _______________________________
Name:
Title:
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. Trustee's Certificate.
F. Opinion of Trustee's Counsel.
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-2
ATTACHMENT A TO SUBSEQUENT TRANSFER
INSTRUMENT FOR GROUP 1
Series 1998-2
________, 199__
A.
1. Subsequent Cut-off Date:
2. Pricing Date:
3. Subsequent Transfer Date:
4. Aggregate Principal Balance of the Subsequent Mortgage Loans as of the
Subsequent Cut-off Date:
5. Purchase Price: 100.00%
6. Amount for deposit into the Group 1 Interest Coverage Account $________
B.
As to all the Subsequent Mortgage Loans the subject of this Instrument:
1. Longest stated term to maturity: _____ months
2. Lowest Mortgage Rate: _____ %
3. Greatest Combined Loan-to-Value Ratio: _____ %
[As to the final transfer of Subsequent Mortgage Loans:]
4. WAC of all Mortgage Loans: _____ %
5. WAM of all Mortgage Loans: _____ %
6. Weighted average CLTV: _____ %
7. Balloon Mortgage Loans: _____ %
8. Largest Principal Balance: $_____
9. Non-owner occupied Mortgaged Properties: _____ %
10. Maximum zip code concentration: _____ %
11. Condominiums: _____ %
12. Single-family: _____ %
13. Multifamily and Mixed Use _____ %
14. Manufactured Homes _____ %
15. Periodic Payment Loans _____ %
16. Weighted average term since origination: _____ months
17. July 1998 first payment date: _____ %
18. Deferred Payment Loans _____ %
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-2
ATTACHMENT A TO SUBSEQUENT TRANSFER
INSTRUMENT FOR GROUP 2
Series 1998-2
________, 199__
A.
1. Subsequent Cut-off Date:
2. Pricing Date:
3. Subsequent Transfer Date:
4. Aggregate Principal Balance of the Subsequent Mortgage Loans as of the
Subsequent Cut-off Date:
5. Purchase Price: 100.00%
6. Amount for deposit into the Group 2 Interest Coverage Account $________
B.
As to all the Subsequent Mortgage Loans the subject of this Instrument:
1. Longest stated term to maturity: _____ months
2. Lowest Gross Margin: _____ %
3. Lowest Minimum Mortgage Rate: _____ %
4. Greatest Maximum Mortgage Rate: _____ %
5. WAC of all Mortgage Loans: _____ %
6. Weighted Average Gross Margin: _____ %
7. WAM of all Mortgage Loans: _____ %
8. Balloon Mortgage Loans: _____ %
9. Largest Principal Balance: $_____
10. Non-owner occupied Mortgaged Properties: _____ %
11. Maximum zip code concentration: _____ %
12. Condominiums: _____ %
13. Single-family: _____ %
14. Manufactured Homes: _____ %
15. Weighted average term since origination: _____ months
16. July 1998 first payment date: _____ %
17. Greatest Loan-to-Value Ratio: _____ %
18. Weighted Average LTV: _____ %
19. Deferred Payment Loans _____ %
---
<PAGE>
EXHIBIT U
FORM OF ADDITION NOTICE
[Date]
[Trustee]
____________________
____________________
Re: Pooling and Servicing Agreement, dated as of June 1, 1998
(the "Pooling and Servicing Agreement"), between [Depositor]
[Trustee] and [Servicer], relating to AFC Mortgage Loan
Asset Backed Certificates, Series 1998-2
------------------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the Pooling and Servicing Agreement,
[Depositor] has designated Subsequent Mortgage Loans to be sold to the Trust
Fund on _____, 199__, with an aggregate principal balance of $________. [In
connection therewith an amount equal to $______ will be remitted to you, as
trustee, on the Subsequent Transfer Date for deposit into the [Group 1] [Group
2] Interest Coverage Account] [In addition, you are hereby authorized and
instructed to (a) establish [two] accounts as Reserve Accounts pursuant to
Section 6.14 of the Pooling and Servicing Agreement to be designated as "Group 1
Reserve Account, Superior Bank FSB, in trust for the registered holders of AFC
Mortgage Loan Asset Backed Certificates, Series 1998-2", and "Group 2 Reserve
Account, Superior Bank FSB, in trust for the registered holders of AFC Mortgage
Loan Asset Backed Certificates, Series 1998-2", and (b) transfer on or before
September 25, 1998 an amount equal to $_________ from the Group 1 Interest
Coverage Account to the Group 1 Reserve Account and an amount equal to $_______
from the Group 2 Interest Coverage Account to the Group 2 Reserve Account.]
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,
[DEPOSITOR]
By: _________________________
Name: _________________________
Title: _________________________
<PAGE>
ACKNOWLEDGED AND AGREED:
[The undersigned hereby certifies that the above described accounts have each
been established as a trust accounts under Account Number _______ with respect
to Group 1 and Account Number ______ with respect to Group 2 at the office of
the Depository indicated above. The amounts deposited at any time in the
accounts will be insured to the maximum amount provided by applicable law by the
Federal Deposit Insurance Corporation.]
[TRUSTEE]
By: ___________________________
Name: ___________________________
Title: ___________________________
Date: ___________________________
<PAGE>
EXHIBIT V
OFFICER'S CERTIFICATE
I, _________________ hereby certify that I am the duly elected
______________ 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) and [Section
2.10(c) for Group 1 Mortgage Loans] [Section 2.10(d) for Group 1 Mortgage
Loans] of the Pooling and Servicing Agreement, dated as of June 1, 1998,
among the Depositor, Superior Bank FSB and LaSalle National Bank, as
Trustee (the "Pooling and Servicing Agreement") and each condition
precedent specified in the 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: _________ __, 199__ By: ____________________________________
Name:
Title:
<PAGE>
EXHIBIT W
SCHEDULE OF MORTGAGE LOANS WITH LOST NOTE AFFIDAVITS
<PAGE>
Page 1 of 2
1998-2
Schedule of Lost Note Affidavits
Exhibit W
Cut-off
Account Name Balance
- --------------------------------------------------------------------------------
180032153 SUAREZ WILLY MARK 245,987.06
180062259 BROWN RALPH ELMER JR 78,392.56
180063539 GOLDBERG MARK L 71,466.43
180074262 EVANS LORRAINE 204,440.39
680081221 MINFORD SONDRA A 30,723.48
680177813 ARANGO CARMEN BORGES 49,985.69
800133472 QUILES JOSE 179,032.31
800276966 ZOBEL HILLER B 99,511.75
800307027 TURNER JAMES D 22,422.68
800329278 MADIGAN KEVIN M 34,072.64
800365926 GUASTAMACCHI CATHERINE 121,171.07
800404857 DE VARONA SILVER STARR 44,430.14
800410664 COATS WILLIAM A 37,594.52
800414708 SAGIRI RABIJE 16,648.09
800415812 NIEVES JANET 64,286.62
800418329 HARRIS ROSALIE 39,994.40
800418816 STEVENSON CRAIG S 63,472.11
800421141 ROBERTS ERIC S 150,330.54
800433435 KAUFMANN VINCENT D 103,212.00
800436727 FERRIGNO THOMAS J 53,565.04
800440075 VASTARE GOPALAKRIS K 390,004.61
800446742 CUTRONE JAMES F 119,359.35
800475840 HEROLD BARBARA 37,403.39
800478208 SYLVESTER MERLE 36,527.66
800479214 WALKER CAROLYN E 124,100.00
800479727 JAIKARAN JALAKRAM 119,444.72
800484222 SMITH JAMES F 101,583.06
800486425 WARD ANTHONY 37,291.93
800487860 RONDAO LOUIE 105,259.51
800488058 ENGLERT RICHARD 50,849.17
800488942 ALSTON DOREATHA 189,000.00
800492696 METAKES JOYCE 174,561.49
800493322 LIMA JOSUE S 69,687.65
800495665 SIMMONDS JOHN LEE JR 19,931.29
800497257 TYREE KARIN R 29,977.50
800508939 GOLAB STANISLAW 23,989.34
800510745 BROWN SHARON L 17,721.45
800518359 QUIZPHI MANUEL R 26,921.50
800521346 CURLEY EDWARD 131,918.27
800521700 RESKUSICH JOHN 26,758.91
800525180 PEGUERO CESAR 123,020.28
800530883 GIDDINS GIA R 28,807.35
800531527 HANLEY RICHARD A 63,500.00
800538118 PERKINS EUGENE P JR 121,365.23
800541369 GIRTAIN EDGAR F 269,356.92
800551210 TAYLOR PHILLIP WAYNE 47,844.66
<PAGE>
Page 2 of 2
Cut-off
Account Name Balance
- --------------------------------------------------------------------------------
800552127 MASON CEYMORE 30,856.88
800553679 MILLER DON 67,864.58
800574576 NHAISSI ELI 101,488.95
800577512 HORNBY JOHN B 509,951.51
800584773 FOLZ CARL 89,741.58
800600058 BLADES OVIDA 137,836.47
800608424 PARENTE GIUSEPPE 120,474.31
800608622 MARINO WILLIAM J JR 148,500.00
800614448 BRIZAN ANNMARIE 142,139.01
800621856 CAPERTON DAPHNE STUART 62,357.17
800623332 CALDERON LISA 199,878.84
800632499 KIM SONG KI 50,500.00
800650533 SCUDERA DENNIS 210,516.31
800671976 LABOZETTA KARAN 90,000.00
5400000484 CHARTRAND JACALYN A 20,434.66
- -------------------- ---------------
61 6,179,465.03
SUBSEQUENT TRANSFER INSTRUMENT
Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
June 29, 1998, between Superior Bank FSB, as seller (the "Depositor") and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1998-2, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of June 1, 1998, by and among the
Depositor, the Servicer and the Trustee (the "Pooling and Servicing Agreement"),
the Depositor and the Trustee agree to the sale by the Depositor and the
purchase by the Trustee, on behalf of the Trust Fund, of the Mortgage Loans
listed on the attached Schedule of Mortgage Loans (the "Subsequent Mortgage
Loans").
Capitalized terms used and not defined herein have their respective
meanings as set forth in the Pooling and Servicing Agreement.
Section 1. Conveyance of Subsequent Mortgage Loans.
(a) The Depositor does hereby sell, transfer, assign, set over and convey
to the Trustee, on behalf of the Trust Fund, without recourse, all of its right,
title and interest in and to the Subsequent Mortgage Loans, excepting the
Depositor's Yield, and including all amounts due on the Subsequent Mortgage
Loans after the related Subsequent Cut-Off Date, and all items with respect to
the Subsequent Mortgage Loans to be delivered pursuant to Section 2.04 of the
Pooling and Servicing Agreement; provided, however that the Depositor reserves
and retains all right, title and interest in and to amounts (including
Prepayments, Curtailments and Excess Payments) due on the Subsequent Mortgage
Loans on or prior to the related Subsequent Cut-off Date. The Depositor,
contemporaneously with the delivery of this Agreement, has delivered or caused
to be delivered to the Trustee or, if a Custodian has been appointed pursuant to
Section 12.12 of the Pooling and Servicing Agreement, to the Custodian each item
set forth in Section 2.04 of the Pooling and Servicing Agreement. The transfer
to the Trustee by the Depositor of the Subsequent Mortgage Loans identified on
the Mortgage Loan Schedule shall be absolute and is intended by the Depositor,
the Servicer, the Trustee and the Certificateholders to constitute and to be
treated as a sale by the Depositor to the Trust Fund.
(b) The expenses and costs relating to the delivery of the Subsequent
Mortgage Loans, this Instrument and the Pooling and Servicing Agreement shall be
borne by the Depositor.
(c) Additional terms of the sale are set forth on Attachment A hereto.
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.
<PAGE>
(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.
<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
as Depositor
By /s/ WILLIAM C. BRACKEN
-------------------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
AFC MORTGAGE LOAN ASSET BACKED
CERTIFICATES, SERIES 1998-2
LASALLE NATIONAL BANK,
as Trustee
By: /s/ SHASHANK MISHRA
----------------------------------------
Name: Shashank Mishra
Title: First Vice President
Attachments
A. Additional terms of the sale.
B. Schedule of Subsequent Mortgage Loans.
C. Depositor's Officer's certificate.
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-2
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT FOR GROUP 1
Series 1998-2
June 29, 1998
A.
1. Subsequent Cut-off Date: June 28, 1998
2. Pricing Date:
3. Subsequent Transfer Date: June 29, 1998
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $40,332,902.45
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: 7.70%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Weighted Average Term since Origination: (A.) 1.02 months
6. November, 1998 first payment date: (A.) -0-
[As to the final transfer of Subsequent Mortgage Loans:]
7. WAC of all Mortgage Loans: _____%
8. WAM of all Mortgage Loans: ______ months
9. Maximum Weighted average CLTV: _____%
10. Balloon Mortgage Loans: _____%
11. Largest Principal Balance: $__________
12 .Non-owner occupied Mortgaged Properties: ____%
13. Maximum zip code concentration: ____%
14. Condominiums: ___
15. Single-family: ______%
16. Multifamily, Commercial and Mixed Use
Properties ___
17. Manufactured Housing ___
(A.) As of the end of the Group 1 funding period.
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-2
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT FOR GROUP 2
Series 1998-2
June 29, 1998
A.
1. Subsequent Cut-off Date: June 28, 1998
2. Pricing Date:
3. Subsequent Transfer Date: June 29, 1998
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $41,472,143.64
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: 4.125%
4. Greatest LTV: 90.00 %
5. Maximum Mortgage Rate: 19.625%
6. Weighted Average Term since Origination: (A) 1.06 months
7 November, 1998 first payment date: (A) -0-
[As to the final transfer of Subsequent Mortgage Loans:]
Sub-Pool IV
8. WA Gross Margin: ____%
9. WAC of all Mortgage Loans: _____%
10. WAM of all Mortgage Loans: ______ months
11. Maximum Weighted average LTV: _____ %
12. Largest Principal Balance: $____________
13. Non-owner occupied Mortgaged
Properties: ____ %
14. Maximum zip code concentration: ____%
15. Condominiums: ____ %
16. Single-family: _____%
17. Multifamily, Commercial and
Mixed Use Properties _____%
18. Manufactured Housing _____%
(A) As of the end of the Group 2 Funding Period.
<PAGE>
ADDITION NOTICE
June 29, 1998
LaSalle National Bank
135 South LaSalle Street
Chicago, IL 60674
Re: Pooling and Servicing Agreement, dated as of June 1,
1998 (the "Pooling and Servicing Agreement"), by and
between Superior Bank FSB, as Depositor and Servicer
and LaSalle National Bank, as Trustee, relating to AFC
Mortgage Loan Asset Backed Certificates, Series 1998-2
(Group 1)
-------------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the Pooling and Servicing Agreement, the
Depositor has designated Subsequent Mortgage Loans to be sold to the Trust Fund
on June 29, 1998, with an aggregate principal balance of $40,500,000.00*.
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.
*approximate
Very truly yours,
SUPERIOR BANK FSB
By: /s/ JOHN A. SORICELLI
--------------------------------
Name: John A. Soricelli
Title: President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ SHASHANK MISHRA
---------------------------
Name: Shashank Mishra
Title: First Vice President
Date: June 29, 1998
<PAGE>
ADDITION NOTICE
June 29, 1998
LaSalle National Bank
135 South LaSalle Street
Chicago, IL 60674
Re: Pooling and Servicing Agreement, dated as of June 1,
1998 (the "Pooling and Servicing Agreement"), by and
between Superior Bank FSB, as Depositor and Servicer
and LaSalle National Bank, as Trustee, relating to AFC
Mortgage Loan Asset Backed Certificates, Series 1998-2
(Group 2)
------------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the Pooling and Servicing Agreement, the
Depositor has designated Subsequent Mortgage Loans to be sold to the Trust Fund
on June 29, 1998, with an aggregate principal balance of $41,500,000.00*.
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.
*approximate
Very truly yours,
SUPERIOR BANK FSB
By: /s/ JOHN A. SORICELLI
--------------------------------
Name: John A. Soricelli
Title: President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ SHASHANK MISHRA
---------------------------
Name: Shashank Mishra
Title: First Vice President
Date: June 29, 1998
<PAGE>
OFFICER'S CERTIFICATE
I, William C. Bracken hereby certify that I am the duly elected Senior Vice
President and Chief Financial Officer of Superior Bank FSB, a federally
chartered stock savings bank (the "Depositor"), and further, to the best of my
knowledge and after due inquiry, as follows:
Each condition precedent specified in Section 2.10(b), Section 2.10(c)
and Section 2.10(d)for the Subsequent Mortgage Loans of the Pooling and
Servicing Agreement, dated as of June 1, 1998, among the Depositor, the
Servicer and the Trustee (the "Pooling and Servicing Agreement") and each
condition precedent specified in the 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: June 29, 1998 By: /s/ WILLIAM C. BRACKEN
-------------------------------
Name: William C. Bracken
Title: Senior Vice President and
Chief Financial Officer
<PAGE>
SCHEDULE OF MORTGAGE LOANS
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 1 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-04 SBCL35DD 661609719 EMPIRE PROPERTIES 85 WEBSTER STREET BROCKTON MA 2402
236-04 SB133DD 661629683 BURGER MARY C 200 WILSON PEOTONE IL 60468
236-04 23604 680057726 ARMSTEAD DAVID JR 11 SPRING ST MONTICELLO NY 12701
236-04 23604 800380008 OTEY JAMES L 1119 FAIRFIELD NIAGARA FALLS NY 14305
236-04 23604 800465536 PERRETTI RONALD R 1111 9TH AVENUE SW PUYALLUP WA 98371
236-04 23604 800501629 SCULL BARRY RANDOLPH 16220 N 61ST AVENUE GLENDALE AZ 85306
236-04 23604 800503401 GIAMANCO PHILIP A 3740 RAMBLER ROAD ST CLOUD FL 34772
236-04 23604 800527566 CROFT CHARLES C 8030 VIRGINIA ROAD ATWATER OH 44201
236-04 23604 800544488 GRIFFITHS DAVID J 1180 SOUTH 850 EAST SPANISH FORK UT 84660
236-04 23604 800568347 BAINES HOWARD T 37 WEST MAPLE STREET YORK PA 17403
236-04 23604 800602781 CONNER ALAN B 2313 HOLLYBROOK LANE MONROE NC 28110
236-04 23604 800608309 PINELLO JEFFREY F 141 COUNTY ROAD UNIT 127 PENROSE CO 81240
236-04 23604 800613465 FREEMAN BRANDIE 2079 MARKET STREET KIRKLAND WA 98033
236-04 23604 800614984 KING DAWN MARIE 35179 64TH AVENUE PAW PAW MI 49079
236-04 23604 800623662 TRACEY ELEANOR 1 CENTER HILL ROAD MONROE NY 10950
236-04 23604 800626525 ETEMADIPOUR MANSOUR 189 FIRST AVENUE NEWARK NJ 7104
236-04 23604 800627655 MOODY BRIAN S 15 LISBURN ROAD WELLSVILLE PA 17365
236-04 23604 800646077 MCGEE WILLIAM G 135 WOOD STREET TUCKERTON NJ 8087
236-04 23604 800647521 FARROW TONY W 116 GRAND BLVD DOWAGIAC MI 49047
236-04 23604 800649816 DECK CATHERINE L 8812 WEST MARIPOSA GRANDE PEORIA AZ 85382
236-04 23604 800651135 NOYES NANCY J 1625 LARIMER STREET 1401 DENVER CO 80202
236-04 23604 800651184 WELCH RICK L. 1155 SOUTH ALTON STREET UN DENVER CO 80231
236-04 23604 800651838 ORTALANO THOMAS K 3187 CHESTNUT HILL ROAD CENTER VALLEY PA 18034
236-04 23604 800653669 HAGICOSTAS WILLIAM 121 BROOK STREET STATEN ISLAND NY 10301
236-04 23604 800659211 CHARLTON TRACY 4673 SOUTH 2675 WEST ROY UT 84067
236-04 23604 800661993 LEGNITTO STEVE 102 SAN ANDREAS DRIVE NOVATO CA 94945
236-04 23604 800662207 MACDERMOTT RICHARD P 15984 TSIRELAS DRIVE TRACY CA 95376
236-04 23604 800663486 BRANDT ROBERT 32 GAGE ROAD SOUTHEAST NY 10509
236-04 23604 800665770 VARMON PHILIP 181 QUASPECK BLVD VALLEY COTTAGE NY 10989
236-04 23604 800670556 DIXON VALERIE RENA 1060 MAYSON TURNER ROAD ATLANTA GA 30314
236-04 23604 800685398 ROMANO FRANK C 164 EAST CHESTER STREET LONG BEACH NY 11561
236-04 23604 800686537 CHMIEL JOSEPH A 83 NURSERY ROAD TITUSVILLE NJ 8560
236-04 23604 800687188 ASALE SHIRLEY M 1196 EAST 176TH STREET CLEVELAND OH 44119
236-04 23604 800690786 HINES JANNIE B 19353 BLOOM DETROIT MI 48234
236-04 23604 800695835 MARTHEL THOMAS E 580 SHADY CREST DR LAVERGNE TN 37086
236-04 23604 800700916 TANNER TEDDY LEROY 548 PEBBLE POINT DRIVE LOGANVILLE GA 30052
236-04 23604 800701831 WHITNEY RICHARD 6 HERRING GULL HILTON HEAD ISLA SC 29926
236-04 23604 800703225 JENKINS FLORENCE 14452 225TH STREET LAURELTON NY 11413
236-04 23604 800704322 ROMAN JOSE A 155 SAINT MORITZ DRIVE GLOUCESTER NJ 8081
236-04 23604 800706194 GRAY ROBERT J 42 REED PARK ROCHESTER NY 14622
236-04 23604 800706210 MAYS TROY T 1704 NEWPORT ROAD MANHEIM PA 17545
236-04 23604 800707887 GREENE ROBERT A 16 BEVERLY DRIVE WESTFIELD MA 1085
236-04 23604 800708547 SZPARA ROBIN J 190 WILLIAM STREET LITTLE FALLS NJ 7424
236-04 23604 800711434 CRAVEN KELLYREA MARIE 1429 NORTHEAST 1ST AVENUE CAPE CORAL FL 33909
236-04 23604 800713042 GALLO ANTHONY 757 41ST STREET BROOKLYN NY 11232
236-04 23604 800713786 CHAIT DAVID 177-53 MEADOW DRIVE SPRINGFIELD GARDENS NY 11413
236-04 23604 800714354 NELSON SHELLY S 129 BLUFF OAKS RD COLUMBIA SC 29209
236-04 23604 800714370 LEON RAMON 2208 NORTH 28TH PLACE PHOENIX AZ 85008
236-04 23604 800714982 ST EARL DANI ENOS 119-13 223RD STREET CAMBRIA HEIGHTS NY 11411
236-04 23604 800716045 PETTIFORD CAROLYNE E 12 GARFIELD STREET BROCKTON MA 2401
236-04 23604 800716755 COLLINS 3ELENE A 2012 RICHARD DRIVE BROOMALL PA 19008
236-04 23604 800719478 MORRIS JOHN E 663 WOODWARD DRIVE ETTERS PA 17319
236-04 23604 800720526 ABBEY SUNDAY 600 PARK ROAD NW WASHINGTON DC 20010
236-04 23604 800722662 AYANYAN MISAK 29 GREER STREET WALTHAM MA 2154
236-04 23604 800722712 LANTIGUA EDDY 39 41 BAXTER STREET PROVIDENCE RI 2905
236-04 23604 800724080 ECHEVERRI OSCAR 21 MADISON AVENUE BRENTWOOD NY 11717
236-04 23604 800724171 ESTANISLAO ROGELIO R 35 ELDORADO DRIVE EFFORT PA 18330
236-04 23604 800724643 WILLIAMS JAMES E 8950 PARK BOULEVARD #701 LARGO FL 33777
236-04 23604 800726515 CREWS DANIEL D 2021 WEST 82ND PLACE DENVER CO 80221
236-04 23604 800727422 WALKER SUSAN J 304 SALTLICK TRACE PEACHTREE CITY GA 30269
236-04 23604 800728495 WINDLEY VIVIAN 32 ELM STREET STATEN ISLAND NY 10310
236-04 23604 800732737 SWIHART THOMAS C 209 NORTH MERCER STREET NEW CASTLE PA 16101
236-04 23604 800737488 DRAYTON ROBERTHA 1602 DANIELS TOWN ROAD PAMPLICO SC 29583
236-04 23604 800740011 WETZEL ALLEN E 2 COURTLAND STREET TANEYTOWN MD 21787
236-04 23604 800740227 VENEZIA SALVATORE 800 W MACADA ROAD BETHLEHEM PA 18107
236-04 23604 800740300 SCHULTZ HARRY K 8 HILLSIDE LANE NEW HOPE PA 18938
236-04 23604 800741308 LONG RICHARD M 5429 MOBILE DRIVE SEFFNER FL 33584
236-04 23604 800741449 BUKOVESKY MARY 2219 7TH STREET CUYAHOGA FALLS OH 44221
236-04 23604 800742918 FERRACANE GERARDO F 19401 NORTH 13TH DRIVE PHOENIX AZ 85027
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661609719 107,800.00 106,694.14 02/01/98 01/01/13 174.15 06/01/98 07/01/98 70.0 11.950 1,290.32
661629683 86,000.00 86,000.00 04/11/98 03/11/13 176.42 05/11/98 06/11/98 84.3 10.300 773.85
680057726 90,000.00 89,289.12 02/01/97 01/01/27 342.15 05/01/98 06/01/98 89.1 12.600 967.52
800380008 62,922.00 62,692.81 10/01/97 09/01/12 170.14 05/01/98 06/01/98 75.3 11.850 639.97
800465536 39,225.00 39,225.00 02/01/98 01/01/18 234.15 05/01/98 06/01/98 80.0 13.750 480.67
800501629 110,400.00 110,400.00 02/01/98 01/01/28 354.15 05/01/98 06/01/98 80.0 12.100 1,144.09
800503401 74,700.00 74,398.07 12/10/97 11/10/12 172.44 06/10/98 07/10/98 90.0 11.990 767.80
800527566 64,000.00 64,000.00 06/01/98 05/01/13 178.09 06/01/98 07/01/98 78.0 11.350 626.47
800544488 26,300.00 26,256.80 01/01/98 12/01/12 173.13 05/01/98 06/01/98 85.0 14.050 351.13
800568347 30,550.00 30,541.23 03/09/98 02/09/28 355.43 05/09/98 06/09/98 65.0 11.990 314.01
800602781 36,000.00 36,000.00 05/01/98 04/01/13 177.11 05/01/98 06/01/98 84.7 11.850 428.59
800608309 15,950.00 15,950.00 05/01/98 04/01/18 237.11 06/01/98 07/01/98 79.5 11.350 168.45
800613465 25,500.00 25,453.39 05/01/98 04/01/13 177.11 06/01/98 07/01/98 84.8 12.950 321.80
800614984 74,300.00 74,271.73 05/01/98 04/01/13 177.11 06/01/98 07/01/98 82.5 10.900 701.97
800623662 90,400.00 90,400.00 05/01/98 04/01/13 177.11 05/01/98 06/01/98 73.7 11.400 1,050.30
800626525 69,500.00 69,213.86 03/28/98 02/28/13 176.05 05/28/98 06/28/98 73.3 9.750 736.26
800627655 46,750.00 46,638.76 05/01/98 04/01/13 177.11 06/01/98 07/01/98 85.0 12.600 579.25
800646077 61,900.00 61,871.73 05/17/98 04/17/28 357.63 05/17/98 06/17/98 79.9 9.850 536.37
800647521 30,600.00 30,581.24 05/07/98 04/07/28 357.30 06/07/98 07/07/98 79.7 11.350 299.53
800649816 180,000.00 179,529.95 01/01/98 12/01/27 353.13 06/01/98 07/01/98 90.0 10.400 1,633.09
800651135 170,000.00 169,752.69 01/01/98 12/01/27 353.13 06/01/98 07/01/98 85.0 10.400 1,542.37
800651184 90,250.00 90,154.71 03/01/98 02/01/13 175.17 06/01/98 07/01/98 79.9 9.900 785.35
800651838 73,800.00 73,800.00 05/28/98 04/28/13 177.99 05/28/98 06/28/98 79.9 12.100 764.80
800653669 54,400.00 54,131.54 04/18/98 03/18/13 176.65 05/18/98 06/18/98 80.0 9.800 577.95
800659211 11,000.00 10,980.43 05/01/98 04/01/13 177.11 06/01/98 07/01/98 90.0 9.550 115.20
800661993 40,000.00 39,993.13 05/01/98 04/01/13 177.11 05/01/98 06/01/98 79.1 14.250 481.87
800662207 25,200.00 25,200.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 86.5 11.950 258.24
800663486 27,750.00 27,739.06 05/01/98 04/01/13 177.11 06/01/98 07/01/98 84.9 12.500 296.17
800665770 115,000.00 114,454.62 05/16/98 04/16/18 237.60 06/16/98 07/16/98 58.3 10.350 1,136.57
800670556 52,000.00 52,000.00 06/13/98 05/13/28 358.49 05/13/98 06/13/98 80.0 9.750 446.76
800685398 168,000.00 168,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 62.2 10.950 1,904.21
800686537 55,000.00 54,902.34 05/17/98 04/17/13 177.63 05/17/98 06/17/98 79.7 13.250 704.95
800687188 78,200.00 78,009.40 07/01/98 06/01/28 359.11 07/01/98 08/01/98 82.3 9.650 666.12
800690786 26,800.00 26,795.64 05/08/98 04/08/13 177.34 06/08/98 07/08/98 53.6 14.490 327.97
800695835 73,950.00 73,950.00 05/28/98 04/28/28 357.99 05/28/98 06/28/98 85.0 13.500 847.03
800700916 11,000.00 10,975.25 05/13/98 04/13/13 177.50 06/13/98 07/13/98 89.9 11.950 131.66
800701831 289,000.00 287,740.68 05/03/98 04/03/13 177.17 06/03/98 07/03/98 58.9 11.150 3,312.04
800703225 106,600.00 105,713.49 04/20/98 03/20/18 236.71 06/20/98 07/20/98 68.7 12.500 1,211.13
800704322 104,400.00 104,400.00 05/01/98 04/01/13 177.11 06/01/98 07/01/98 90.0 11.550 1,037.85
800706194 21,000.00 20,713.00 05/01/98 04/01/13 177.11 08/01/98 09/01/98 51.2 12.750 228.21
800706210 24,500.00 24,389.43 05/13/98 04/13/18 237.50 06/13/98 07/13/98 89.6 11.950 268.92
800707887 21,400.00 21,360.12 05/27/98 04/27/13 177.96 05/27/98 06/27/98 84.9 12.750 267.26
800708547 89,000.00 88,775.45 06/01/98 05/01/28 358.09 07/01/98 08/01/98 67.1 9.250 732.18
800711434 17,000.00 17,000.00 06/26/98 05/26/13 178.92 05/26/98 06/26/98 80.5 13.350 219.02
800713042 50,000.00 50,000.00 06/22/98 05/22/18 238.78 05/22/98 06/22/98 81.9 11.300 526.34
800713786 202,500.00 202,418.66 03/01/98 02/01/13 175.17 05/01/98 06/01/98 75.0 10.450 1,844.78
800714354 52,800.00 52,800.00 06/08/98 05/08/13 178.32 05/08/98 06/08/98 80.0 12.150 638.79
800714370 14,500.00 14,469.86 05/10/98 04/10/13 177.40 05/10/98 06/10/98 87.9 11.600 170.32
800714982 26,000.00 26,000.00 05/01/98 04/01/13 177.11 05/01/98 06/01/98 80.0 13.100 289.65
800716045 150,000.00 150,000.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 78.9 11.350 1,468.29
800716755 220,000.00 220,000.00 07/11/98 06/11/13 179.44 06/11/98 07/11/98 80.0 8.500 1,691.61
800719478 92,250.00 92,250.00 07/03/98 06/03/28 359.18 06/03/98 07/03/98 90.0 11.150 888.99
800720526 124,200.00 124,200.00 04/26/98 03/26/28 356.91 05/26/98 06/26/98 90.0 10.500 1,136.11
800722662 116,300.00 116,300.00 06/05/98 05/05/28 358.22 06/05/98 07/05/98 84.9 12.150 1,209.72
800722712 92,700.00 92,700.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 90.0 11.000 882.80
800724080 76,900.00 76,858.04 06/06/98 05/06/13 178.26 06/06/98 07/06/98 80.9 12.990 972.47
800724171 103,500.00 103,500.00 05/09/98 04/09/13 177.37 06/09/98 07/09/98 75.0 8.900 825.35
800724643 22,000.00 21,844.64 05/24/98 04/24/18 237.86 06/24/98 07/24/98 15.8 10.700 222.61
800726515 125,800.00 125,800.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 85.0 10.850 1,285.67
800727422 119,600.00 119,396.63 04/25/98 03/25/13 176.88 06/25/98 07/25/98 80.0 9.000 962.33
800728495 62,000.00 62,000.00 05/10/98 04/10/18 237.40 06/10/98 07/10/98 89.9 11.500 661.19
800732737 45,590.00 45,463.59 05/15/98 04/15/13 177.57 06/15/98 07/15/98 75.9 10.000 489.91
800737488 25,200.00 25,200.00 05/28/98 04/28/13 177.99 05/28/98 06/28/98 70.0 11.100 288.01
800740011 79,200.00 79,133.16 05/01/98 04/01/13 177.11 06/01/98 07/01/98 90.0 10.000 695.04
800740227 187,500.00 187,500.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 75.0 11.100 1,799.79
800740300 53,000.00 52,531.52 05/15/98 04/15/08 117.57 06/15/98 07/15/98 90.0 11.450 743.64
800741308 17,550.00 17,550.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 58.5 11.100 200.58
800741449 34,500.00 34,500.00 07/08/98 06/08/18 239.34 06/08/98 07/08/98 32.8 9.450 320.46
800742918 23,100.00 23,057.36 05/23/98 04/23/13 177.83 05/23/98 06/23/98 75.0 12.850 290.00
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 2 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-04 23604 800745523 PHILIPPOU ANDREAS 25 46 33RD STREET ASTORIA NY 11102
236-04 23604 800746000 LANDRY ALBERT J 640 WEST STREET DUXBURY MA 2332
236-04 23604 800746141 GREENBERG CARY 516 DAVIS STREET NORTH BABYLON NY 11703
236-04 23604 800746224 PULIDO RAJEWEN B 180 MYRTLE AVENUE FORT LEE NJ 7024
236-04 23604 800748493 HOLLY RONNY 5302 GLENWOOD ROAD BROOKLYN NY 11234
236-04 23604 800750085 SIMKOVIC HAGIT HAIMS 9781 SOUTHWEST 119TH ST MIAMI FL 33176
236-04 23604 800750275 BYERS GARY E 3112 9TH STREET EAST BRADENTON FL 34208
236-04 23604 800750309 TRACY MARYANN 29 WESTIN DRIVE PO BOX 466 CLIFTON PARK NY 12065
236-04 23604 800750911 MOSBY GEORGE ALLEN 14036 W PATRICK HENRY ROAD DOSWELL VA 23047
236-04 23604 800751208 BETANCOURT ALFREDO 1216 SLIGH AVENUE EAST TAMPA FL 33604
236-04 23604 800751661 KIBBE THOMAS G 4295 FIELDSTONE COURT GURNEE IL 60031
236-04 23604 800751786 HOLCOMB CAROLE G 313 TODD RD GRAY CT SC 29645
236-04 23604 800752818 BARRIERA VICTOR R 155157 MELROSE STREET PROVIDENCE RI 2907
236-04 23604 800753196 EVANS PETER G 449 GRASSY HILL ROAD WOODBURY CT 6798
236-04 23604 800753550 HAWES DOUGLAS 7549 SAN SABANA ROAD DUBLIN CA 94568
236-04 23604 800756355 SINGH SURJIT 82 61 250 STREET BELLEROSE NY 11421
236-04 23604 800756538 ABUZAHRIEH HUSAM 361 76TH STREET BROOKLYN NY 11209
236-04 23604 800758245 DURAN FELIX 29 31 BOGMAN STREET PROVIDENCE RI 2907
236-04 23604 800759680 REJOUIS RENEL 515 CAMBELL WAY TOBYHANNA PA 18466
236-04 23604 800759789 PATEL PRAVIN D 1453 SANDELIN AVENUE SAN LEANDRO CA 94577
236-04 23604 800759805 WILSON ERNESTINE RT 1 BOX P 146 MAYESVILLE SC 29104
236-04 23604 800760134 LEVEN JOHN W JR 1520 RAINBOW ROAD TALLAHASSEE FL 32310
236-04 23604 800760787 HULINGS FLOSSIE 132 HUNGARIAN ROAD SLIPPERY ROCK PA 16057
236-04 23604 800760852 ANSELMI MICHAEL 49 3RD STREET NORTH LINDENHURST NY 11757
236-04 23604 800761389 SNYDER RICHARD A 367 WEST 3RD STREET BLOOMSBURG PA 17815
236-04 23604 800761439 LU WENDY LI QIONG 138 35 ELDER AVENUE UNIT P FLUSHING NY 11355
236-04 23604 800763625 AMAKER BARNEY B RT 1 BOX 4 HEMINGWAY SC 29554
236-04 23604 800765091 ROARTY MARK C 772 MILLER STREET LUZERNE PA 18709
236-04 23604 800766792 MILLER ROBERT E 15607 NORTH TIMBERWOOD COU SPOKANE WA 99208
236-04 23604 800769333 STURM IVY 574 SOUTH FRANKLIN STREET WILKES BARRE PA 18702
236-04 23604 800769630 GRAVINE PHYLLIS 528 GAUGHAN CT ARCHBALD PA 18403
236-04 23604 800770497 SHOOP DOUG J RD 2 BOX 850 ANNEVILLE PA 17003
236-04 23604 800771560 ANTHONY NEVILLE 15 NORTH WIND DRIVE PORT JEFFERSON NY 11777
236-04 23604 800774382 TONER JAMES 11930 CATON AVENUE NEW PORT RICHEY FL 34654
236-04 23604 800775363 ROBERTSON JAMES A 3003 CALLE JUAREZ SAN CLEMENTE CA 92673
236-04 23604 800776429 CONLEY CORLISS S 457 ROOSEVELT AVENUE NORTH LAKE PLACID FL 33852
236-04 23604 800777716 MITCHELL ADAM W 4715 CARVINS COVE ROAD SALEM VA 24153
236-04 23604 800778177 HILL TERRY 59 SOUTH WAVERLY ROAD EATON RAPIDS MI 48827
236-04 23604 800779175 BACON DOUGLAS A 17139 KIRKSHIRE BEVERLY HILLS MI 48025
236-04 23604 800781734 TREBUNAK JOHN J 42 JONES STREET WILKES BARRE PA 18702
236-04 23604 800782500 FELTON VERA MCCOWN RTE 1 BOX 251 SELLERS SC 29592
236-04 23604 800783797 HENRY DAVID W 5238 RIVA RIDGE LANE NORCROSS GA 30093
236-04 23604 800784134 MCCARTHY BERTRAND KEITH 109-14 173RD STREET JAMAICA NY 11433
236-04 23604 800784290 ALBRECHT KEVIN 211 TALMADGE AVENUE BOUND BROOK NJ 8805
236-04 23604 800784613 ZINSKY LUKE J JR 66 FAIRWAY DRIVE BROOKLYN CT 6239
236-04 23604 800784852 JOHNSON JIMMY L 240 COUNTY ROAD 2606 MABANK TX 75147
236-04 23604 800785602 SAMS THOMAS JOE 5895 FALCON WAY LIZELLA GA 31052
236-04 23604 800785743 PRICE PHILLIP S 713 OLD SCHOOL HOUSE ROAD MIDDLETOWN DE 19709
236-04 23604 800785883 NICHOLS MARK 1315 VERNON STREET HARRISBURG PA 17111
236-04 23604 800786907 WALPOLE PETE M 122 POPLAR AVENUE NEWARK OH 43055
236-04 23604 800787053 LEDBETTER WILLIE J. 3434 GARDNER PARK DRIVE GASTONIA NC 28054
236-04 23604 800787871 ABBOTT JOHN D 6070 ROLOFF WAY ORANGEVALE CA 95662
236-04 23604 800787970 LYLES CAROLYN 124 HAYGOOD ROAD BLYTHEWOOD SC 29016
236-04 23604 800788036 EBRIGHT DONALD H 64 BELMONT BOULEVARD ORANGE PARK FL 32073
236-04 23604 800788150 HARRIS CURTIS 73 ATLANTA AVENUE ATLANTA GA 30315
236-04 23604 800788994 MCDONALD WILLIAM H 590 GROUND HOG HILLS ROAD HILLSVILLE VA 24343
236-04 23604 800789018 BARONCELLI ANDREW J 4301 NEPTUNE DRIVE ALEXANDRIA VA 22309
236-04 23604 800789646 BRUNNER JOHN J 609 KENTMOOR FARM ROAD MADISON HEIGHTS VA 24572
236-04 23604 800790024 EDGE BIAS MELTON 2623 MIRROR LAKE DRIVE FAYETTEVILLE NC 28303
236-04 23604 800790123 JOHNSON ROBERT C 902 MILLER AVENUE NEWARK OH 43055
236-04 23604 800791436 SMITH WILLIAM H JR 101 CHAPEL DRIVE CAMDEN DE 19934
236-04 23604 800792079 THOMPSON KATHERINE F 2302 REVOLAN DR GREENSBORO NC 27407
236-04 23604 800792467 FRIES CARL A. 509 S LAGUNA DRIVE GILBERT AZ 85233
236-04 23604 800792491 PAVEL ANA 610 NORTHEAST 12TH AVENUE HALLANDALE FL 33009
236-04 23604 800793614 OLSEN PHIL A 283 WEST 300 NORTH HURRICANE UT 84737
236-04 23604 800793796 RORICK MATTHEW LOT 547 AND 548 PRESCOTT VALLEY AZ 86314
236-04 23604 800794059 BENNETT HELEN 6201 4TH STREET SOUTH ST PETERSBURG FL 33705
236-04 23604 800794109 STEFANOVICH JAMES B 652 MILLER STREET EYNON PA 18403
236-04 23604 800794349 PETTAWAY ISAIAH 7332 BRIAR ROAD PHILADELPHIA PA 19138
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800745523 16,900.00 16,835.34 06/19/98 05/19/13 178.68 06/19/98 07/19/98 88.8 10.900 191.02
800746000 34,500.00 34,231.24 07/05/98 06/05/28 359.24 07/05/98 08/05/98 23.1 9.750 296.41
800746141 50,000.00 50,000.00 06/12/98 05/12/13 178.45 06/12/98 07/12/98 84.5 11.350 489.43
800746224 78,000.00 78,000.00 06/01/98 05/01/13 178.09 06/01/98 07/01/98 90.0 11.550 913.67
800748493 260,000.00 259,581.26 01/01/98 12/01/27 353.13 06/01/98 07/01/98 80.0 10.500 2,378.32
800750085 50,000.00 50,000.00 07/11/98 06/11/13 179.44 06/11/98 07/11/98 66.7 9.600 525.13
800750275 14,750.00 14,687.25 05/22/98 04/22/13 177.80 06/22/98 07/22/98 75.0 10.000 158.50
800750309 31,100.00 30,885.46 05/17/98 04/17/08 117.63 06/17/98 07/17/98 85.0 12.150 448.90
800750911 124,000.00 124,000.00 07/09/98 06/09/28 359.38 06/09/98 07/09/98 80.0 11.000 1,180.88
800751208 28,400.00 28,400.00 06/28/98 05/28/13 178.98 05/28/98 06/28/98 37.8 10.100 306.93
800751661 40,000.00 40,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 53.6 11.850 406.83
800751786 55,350.00 55,350.00 05/27/98 04/27/18 237.96 05/27/98 06/27/98 75.0 13.850 682.27
800752818 81,000.00 81,000.00 07/10/98 06/10/13 179.41 06/10/98 07/10/98 90.0 11.000 771.38
800753196 52,500.00 52,500.00 06/01/98 05/01/13 178.09 06/01/98 07/01/98 84.0 10.600 484.17
800753550 34,000.00 33,920.75 07/01/98 06/01/13 179.11 07/01/98 08/01/98 81.4 11.400 334.11
800756355 180,000.00 180,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 80.0 9.990 1,578.30
800756538 100,000.00 100,000.00 07/10/98 06/10/08 119.41 06/10/98 07/10/98 79.9 11.250 1,391.69
800758245 90,000.00 90,000.00 07/02/98 06/02/13 179.15 06/02/98 07/02/98 90.0 10.600 830.00
800759680 26,500.00 26,290.63 05/17/98 04/17/13 177.63 06/17/98 07/17/98 88.1 10.850 298.71
800759789 45,000.00 45,000.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 79.4 10.275 442.50
800759805 21,700.00 21,700.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 70.0 11.750 256.96
800760134 46,350.00 46,350.00 07/05/98 06/05/13 179.24 06/05/98 07/05/98 90.0 10.900 523.91
800760787 17,000.00 16,910.01 07/04/98 06/04/13 179.21 07/04/98 08/04/98 68.0 10.400 186.87
800760852 140,250.00 140,250.00 06/15/98 05/15/13 178.55 05/15/98 06/15/98 85.0 11.800 1,421.07
800761389 63,000.00 63,000.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 90.0 10.000 552.87
800761439 120,000.00 120,000.00 06/20/98 05/20/13 178.72 05/20/98 06/20/98 80.0 11.650 1,202.10
800763625 47,600.00 47,600.00 05/20/98 04/20/13 177.73 05/20/98 06/20/98 70.0 12.800 596.00
800765091 72,800.00 72,399.11 05/15/98 04/15/13 177.57 06/15/98 07/15/98 80.0 8.000 534.19
800766792 50,189.00 50,108.13 06/01/98 05/01/13 178.09 06/01/98 07/01/98 77.8 13.000 635.01
800769333 20,150.00 20,059.31 05/15/98 04/15/18 237.57 06/15/98 07/15/98 80.9 9.600 189.15
800769630 67,600.00 67,360.78 05/22/98 04/22/18 237.80 06/22/98 07/22/98 80.0 9.200 616.94
800770497 22,370.00 22,370.00 07/05/98 06/05/18 239.24 06/05/98 07/05/98 79.9 12.350 251.79
800771560 470,000.00 470,000.00 06/12/98 05/12/13 178.45 05/12/98 06/12/98 64.8 9.600 3,986.35
800774382 18,750.00 18,644.48 07/04/98 06/04/13 179.21 07/04/98 08/04/98 72.1 13.850 247.81
800775363 60,000.00 60,000.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 63.3 11.025 620.34
800776429 23,600.00 23,600.00 07/05/98 06/05/18 239.24 06/05/98 07/05/98 89.8 10.650 238.00
800777716 100,300.00 100,300.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 85.0 9.250 825.14
800778177 110,000.00 110,000.00 06/26/98 05/26/13 178.92 05/26/98 06/26/98 84.9 9.000 885.08
800779175 44,200.00 44,200.00 06/26/98 05/26/13 178.92 05/26/98 06/26/98 85.0 12.650 476.88
800781734 56,800.00 56,774.60 05/27/98 04/27/13 177.96 05/27/98 06/27/98 80.0 9.950 496.37
800782500 37,800.00 37,800.00 06/28/98 05/28/13 178.98 05/28/98 06/28/98 90.0 9.650 398.15
800783797 32,800.00 32,683.20 06/04/98 05/04/13 178.19 06/04/98 07/04/98 90.0 10.650 365.63
800784134 141,300.00 141,147.05 06/27/98 05/27/28 358.95 06/27/98 07/27/98 90.0 11.250 1,372.39
800784290 82,000.00 82,000.00 06/12/98 05/12/28 358.45 05/12/98 06/12/98 80.0 10.800 768.54
800784613 55,680.00 55,661.13 05/28/98 04/28/13 177.99 05/28/98 06/28/98 67.4 12.500 686.27
800784852 80,900.00 80,584.06 07/01/98 06/01/28 359.11 06/01/98 07/01/98 74.9 8.150 602.10
800785602 119,732.00 119,732.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 80.9 9.600 1,015.52
800785743 29,945.00 29,945.00 06/19/98 05/19/13 178.68 05/19/98 06/19/98 89.9 10.750 335.67
800785883 23,000.00 22,915.36 06/07/98 05/07/08 118.29 06/07/98 07/07/98 47.9 9.250 294.48
800786907 21,250.00 21,250.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 85.0 12.050 219.40
800787053 99,800.00 99,523.83 07/04/98 06/04/28 359.21 06/04/98 07/04/98 89.9 10.400 905.46
800787871 98,000.00 98,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 70.0 10.475 894.61
800787970 70,400.00 70,400.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 80.0 12.600 756.82
800788036 96,000.00 95,965.29 06/15/98 05/15/28 358.55 07/15/98 08/15/98 80.0 13.350 1,088.28
800788150 67,500.00 67,452.79 05/24/98 04/24/28 357.86 06/24/98 07/24/98 75.0 10.850 635.18
800788994 31,770.00 31,770.00 06/04/98 05/04/13 178.19 05/04/98 06/04/98 79.9 10.300 347.25
800789018 58,000.00 58,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 79.8 12.850 634.80
800789646 60,800.00 60,582.13 06/06/98 05/06/18 238.26 06/06/98 07/06/98 80.0 9.250 556.85
800790024 27,900.00 27,900.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 89.9 10.600 310.14
800790123 47,600.00 47,587.53 06/06/98 05/06/28 358.26 06/06/98 07/06/98 80.0 10.400 431.86
800791436 40,683.00 40,590.14 05/28/98 04/28/13 177.99 05/28/98 06/28/98 88.8 10.600 452.23
800792079 10,000.00 10,000.00 08/02/98 07/02/13 180.13 07/02/98 08/02/98 79.8 11.325 115.71
800792467 16,500.00 16,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.3 10.775 185.21
800792491 25,000.00 25,000.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 65.7 11.100 239.97
800793614 24,116.00 24,116.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.2 9.900 209.86
800793796 62,050.00 62,050.00 06/13/98 05/13/13 178.49 05/13/98 06/13/98 85.0 12.450 762.76
800794059 56,950.00 56,950.00 07/08/98 06/08/28 359.34 06/08/98 07/08/98 85.0 11.250 553.13
800794109 68,000.00 67,597.69 05/27/98 04/27/13 177.96 06/27/98 07/27/98 85.0 9.950 594.24
800794349 46,400.00 46,400.00 07/05/98 06/05/13 179.24 06/05/98 07/05/98 80.0 12.100 559.87
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 3 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-04 23604 800794703 TOMAIO MICHAEL 337 FOOTHILL ROAD BRIDGEWATER NJ 8807
236-04 23604 800797128 HUMPHRIES GANNON D 1215 VALLEY COMMONS DRIVE HUFFMAN TX 77336
236-04 23604 800801094 YAKO WESAM 19392 HAVANA DETROIT MI 48203
236-04 23604 800801565 DAVIS MARK L 219 WEST STEUBEN STREET PITTSBURGH PA 15205
236-04 23604 800801813 MENIS ROLAND P 79 GATEWAY DR PACIFICA CA 94044
236-04 23604 800803009 MALEK BRIAN J 3614 E 53 STREET CLEVELAND OH 44105
236-04 23604 800803017 NELSON DAVID L 7420 WEST MEXICO DRIVE LAKEWOOD CO 80232
236-04 23604 800803207 DAVENPORT LARRY 480 SANDY CROSS ROAD LEXINGTON GA 30648
236-04 23604 800804692 KNIGHT MICHAEL 194 23 109TH ROAD ST. ALBANS NY 11413
236-04 23604 800804775 SHERIDAN RICHARD M 1 INDIAN SUMMER DRIVE HOLLAND PA 18966
236-04 23604 800805012 MAGNUSON GEORGE O 257 MONTICELLO DRIVE BRANFORD CT 6405
236-04 23604 800805327 THOMPSON GREGORY A. 22619 22ND PLACE WEST BRIER WA 98036
236-04 23604 800806093 HOLMES CAROL K 7026 BRANDYWINE ROAD PARMA HEIGHTS OH 44130
236-04 23604 800806184 PIKE DAVID 2410 HUGH SHOALS ROAD BISHOP GA 30612
236-04 23604 800806374 MOORE DENNIS 103 SOUTHEAST 40TH STREET CAPE CORAL FL 33904
236-04 23604 800806879 SKELTON JEFFREY D 3623 HAYMAN COURT COLORADO SPRINGS CO 80910
236-04 23604 800808438 UVINO LAWRENCE 15 SPIRAL LANE LEVITTOWN NY 11756
236-04 23604 800808487 HUGHES JERMAINE 125 BENEFIELD BOULEVARD PEEKSKILL NY 10566
236-04 23604 800809535 BRANSCUM ROBERT 8712 KOKO LANE JACKSON MI 49201
236-04 23604 800809865 DONOVAN EILEEN 89 17 237TH STREET BELLEROSE NY 11426
236-04 23604 800810558 CIAVARELLI JOSEPH S 2 CAMPUS LANE STONY BROOK NY 11790
236-04 23604 800810772 SHELTON CRAIG K 121 FOXWOOD ROAD CORAOPOLIS PA 15108
236-04 23604 800810871 PINTO WILLIAM D 930 FAIRFAX ROAD DREXEL HILL PA 19026
236-04 23604 800811754 SNYDER LEWIS 80 WEST BAY STREET ENGLEWOOD FL 34223
236-04 23604 800812489 CLINE WILLIAM 347 SAGO AVENUE JACKSONVILLE FL 32218
236-04 23604 800812554 HILL JAMES D 3906 BEVERLY AVENUE JACKSONVILLE FL 32208
236-04 23604 800813107 AYERS BRIAN 123 125 CLEVELAND AVENUE ITHACA NY 14850
236-04 23604 800815409 SALPURIDO JORGE 1826 SETTLER DRIVE FORT MYERS FL 33905
236-04 23604 800815441 FUERTES GLORIA JEAN 906 15TH AVENUE EAST TAMPA FL 33605
236-04 23604 800815730 DELUCA EUGENE R 502 COMMONWEALTH AVENUE WEST MIFFLIN PA 15122
236-04 23604 800816142 HENSLEY EDDIE RAY 113 JUNIPER DRIVE GLEN BURNIE MD 21060
236-04 23604 800817330 SANTILLANES CHARLES 1309 DICKERSON DRIVE SE ALBUQUERQUE NM 87101
236-04 23604 800817348 BLANKENSHIP JAMES A 3029 LANTANA CIRCLE AUBURNDALE FL 33823
236-04 23604 800818387 JACKSON DONALD L 2201 ROCKCREST DRIVE HARTSVILLE SC 29550
236-04 23604 800818742 EDGE BIAS MELTON 408 MIRROR LAKE DRIVE FAYETTEVILLE NC 28303
236-04 23604 800819120 LAKITS RONALD J 2114 WRENSON FERNDALE MI 48220
236-04 23604 800819765 POSNER IRVING 31 HALLEY DRIVE POMONA NY 10970
236-04 23604 800819955 CRONIN SHANNON M 211 LILAC LANE MOXEE WA 98936
236-04 23604 800820136 RODRIGUEZ ANGEL L 6119 LEWIS AVENUE GIBSONTON FL 33534
236-04 23604 800820193 CRUMP GLADYS 100 DIX LEEON DR FAIRBURN GA 30213
236-04 23604 800820292 PARK JONG KYU 42 19 205TH STREET BAYSIDE NY 11361
236-04 23604 800820946 THOMAS NICHOLAS R 444 SNOOPY LANE NE SALEM OR 97301
236-04 23604 800822066 VAN LANDUYT PATRICIA A 8535 IMMENSEE COMMERCE TWP MI 48382
236-04 23604 800823015 KHAN ARSHAD H 6373 DEVONSHIRE DRIVE SAN JOSE CA 95129
236-04 23604 800823148 ZERPHEY RODNEY E 757 W MAIN STREET PALMYRA PA 17078
236-04 23604 800823379 JONES FERN R 929 EAST 217TH STREET BRONX NY 10469
236-04 23604 800823593 STANSEL RICHARD EDWARD 9003 2ND AVENUE JACKSONVILLE FL 32208
236-04 23604 800824138 HARMONY THOMAS M 49701 MCKENZIE HIGHWAY VIDA OR 97488
236-04 23604 800825085 GASKILL COLON 2405 STEPHENS ROAD CARY NC 27511
236-04 23604 800826778 GOMEZ CARLOS ALBERT 830 WEST 40TH DRIVE HIALEAH FL 33012
236-04 23604 800827115 MANWEILER RANDY J 2904 SOUTH WINONA COURT DENVER CO 80236
236-04 23604 800827313 ZAGORSKY PETER J 90 NORTH MOUNTAIN ROAD CANTON CT 6019
236-04 23604 800827479 MILTON ARVADA J 309 NEW CROSSING TRAIL KENNESAW GA 30144
236-04 23604 800827735 JONES JAMES P 1785 LOUISE ROAD LUGOFF SC 29078
236-04 23604 800828006 YATES BRIAN A 1243 RINGWOOD AVENUE POMPTON LAKES NJ 7442
236-04 23604 800828683 TSCHIDER JAY M 4971 SOUTH ENSENADA WAY AURORA CO 80015
236-04 23604 800828972 DOVI ANTHONY 4 JAMES STREET HUNTINGTON STATION NY 11746
236-04 23604 800830671 BILLIPS CREGG DUNDEE 211 PUEBLO ROAD LAKE ARTHOR NM 88253
236-04 23604 800830861 MOHLER JOHN C 2581 BIRCH ST DENVER CO 80207
236-04 23604 800831422 ALONSO ALMA B 1382 SPANISH NEEDLE COURT ORANGE PARK FL 32073
236-04 23604 800831877 JOHNSON RUTH C 5593 BELLS HIGHWAY RUFFIN SC 29975
236-04 23604 800831927 COOKE MAE THERIAULT 1312 RIO VISTA AVENUE FORT MYERS FL 33901
236-04 23604 800831992 JAWDAT ZAIDUN 4515 Q LANE NW WASHINGTON DC 20007
236-04 23604 800833055 BAXTER LARRY RAY 5461 65TH TERRACE PINELLAS PARK FL 33781
236-04 23604 800833550 NOE SAMUEL R 7171 OLIVIA ROAD BALTIMORE MD 21220
236-04 23604 800833832 SHAHOIAN KHOUDIG 51 W FOREST AVE ARCADIA CA 91006
236-04 23604 800834095 COMPTON DAVID 1606 MAIN STREET NORTHAMPTON PA 18067
236-04 23604 800834384 NUNEZ JOSE 5095- 5101 CORONADO PARKWA NAPLES FL 34116
236-04 23604 800834830 GARD ANGEL LEE 413 LYMAN AVENUE BALTIMORE MD 21212
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800794703 147,000.00 146,402.60 05/24/98 04/24/13 177.86 06/24/98 07/24/98 84.9 9.800 1,268.36
800797128 121,500.00 121,500.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 90.0 8.900 968.89
800801094 14,400.00 14,400.00 07/10/98 06/10/28 359.41 06/10/98 07/10/98 80.0 10.500 131.72
800801565 100,000.00 100,000.00 06/18/98 05/18/13 178.65 05/18/98 06/18/98 80.0 9.650 851.82
800801813 55,000.00 55,000.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 81.8 10.975 566.77
800803009 39,200.00 39,200.00 07/10/98 06/10/13 179.41 06/10/98 07/10/98 76.8 13.100 436.70
800803017 15,500.00 15,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.8 10.150 167.99
800803207 70,200.00 70,200.00 07/05/98 06/05/18 239.24 06/05/98 07/05/98 90.0 11.650 755.90
800804692 136,000.00 136,000.00 05/28/98 04/28/13 177.99 05/28/98 06/28/98 80.0 12.500 1,451.48
800804775 68,000.00 68,000.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 61.7 9.400 705.98
800805012 59,500.00 59,500.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 70.0 10.700 553.19
800805327 24,815.00 24,815.00 07/02/98 06/02/13 179.15 06/02/98 07/02/98 85.0 10.875 233.98
800806093 135,800.00 135,800.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 81.8 10.350 1,227.01
800806184 46,500.00 46,500.00 06/01/98 05/01/28 358.09 06/01/98 07/01/98 75.0 11.200 449.87
800806374 21,500.00 21,500.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 84.9 12.850 269.91
800806879 26,633.00 26,633.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 82.3 10.600 296.05
800808438 37,000.00 37,000.00 06/01/98 05/01/18 238.09 06/01/98 07/01/98 84.7 10.250 363.21
800808487 151,200.00 151,200.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 90.0 10.900 1,428.50
800809535 78,750.00 78,449.01 07/01/98 06/01/18 239.11 07/01/98 08/01/98 90.0 12.450 891.94
800809865 165,600.00 165,600.00 06/06/98 05/06/13 178.26 05/06/98 06/06/98 90.0 11.050 1,583.31
800810558 40,000.00 40,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 89.9 10.650 370.39
800810772 15,900.00 15,900.00 07/15/98 06/15/18 239.57 06/15/98 07/15/98 89.8 11.150 165.74
800810871 94,500.00 94,500.00 07/05/98 06/05/28 359.24 06/05/98 07/05/98 89.1 9.750 811.90
800811754 41,000.00 41,000.00 07/05/98 06/05/28 359.24 06/05/98 07/05/98 74.5 11.350 401.33
800812489 42,500.00 42,500.00 07/05/98 06/05/13 179.24 06/05/98 07/05/98 85.0 11.600 424.12
800812554 52,200.00 52,200.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 90.0 10.650 483.36
800813107 58,500.00 58,500.00 07/03/98 06/03/28 359.18 06/03/98 07/03/98 90.0 11.150 563.75
800815409 21,000.00 21,000.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 70.0 11.100 218.19
800815441 31,200.00 31,200.00 07/05/98 06/05/18 239.24 06/05/98 07/05/98 65.0 9.850 297.99
800815730 10,000.00 10,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 84.9 10.850 112.72
800816142 11,500.00 11,441.78 06/13/98 05/13/13 178.49 06/13/98 07/13/98 88.8 11.450 133.98
800817330 30,250.00 30,250.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 71.2 10.850 284.65
800817348 15,000.00 15,000.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 83.9 11.000 170.49
800818387 52,200.00 52,200.00 07/03/98 06/03/23 299.18 06/03/98 07/03/98 90.0 11.250 521.08
800818742 68,000.00 68,000.00 06/28/98 05/28/13 178.98 05/28/98 06/28/98 89.1 10.600 755.89
800819120 26,000.00 26,000.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 41.2 9.850 225.29
800819765 40,000.00 40,000.00 06/15/98 05/15/13 178.55 05/15/98 06/15/98 66.6 10.650 445.89
800819955 50,000.00 49,788.03 07/01/98 06/01/13 179.11 07/01/98 08/01/98 54.9 8.775 500.46
800820136 19,600.00 19,600.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 70.0 9.900 209.43
800820193 200,000.00 200,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 77.5 8.650 1,559.14
800820292 37,600.00 37,600.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 77.8 12.350 459.76
800820946 18,000.00 18,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 83.6 10.325 162.30
800822066 174,300.00 174,300.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 70.0 9.450 1,459.25
800823015 86,500.00 86,500.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 85.0 11.475 854.95
800823148 72,900.00 72,900.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 90.0 10.650 675.03
800823379 68,500.00 68,500.00 07/10/98 06/10/18 239.41 06/10/98 07/10/98 45.6 8.000 572.96
800823593 40,000.00 40,000.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 80.0 9.650 421.32
800824138 28,000.00 28,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 52.2 10.775 261.90
800825085 50,250.00 50,250.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 75.0 8.950 508.18
800826778 15,000.00 15,000.00 07/04/98 06/04/08 119.21 06/04/98 07/04/98 38.2 11.350 209.61
800827115 46,000.00 46,000.00 06/26/98 05/26/13 178.92 05/26/98 06/26/98 84.4 12.150 556.52
800827313 75,240.00 75,240.00 07/02/98 06/02/18 239.15 06/02/98 07/02/98 84.9 13.400 903.02
800827479 112,500.00 112,414.51 06/05/98 05/05/28 358.22 06/05/98 07/05/98 90.0 11.700 1,131.28
800827735 18,850.00 18,850.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 65.0 11.500 220.20
800828006 146,800.00 146,800.00 07/04/98 06/04/08 119.21 06/04/98 07/04/98 72.6 8.400 1,812.27
800828683 12,645.00 12,645.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 79.5 13.350 143.35
800828972 27,200.00 27,200.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 80.4 12.850 297.70
800830671 33,040.00 33,040.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 80.0 12.150 399.73
800830861 41,585.00 41,585.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 79.9 10.600 383.51
800831422 28,500.00 28,500.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 85.8 9.900 304.52
800831877 28,900.00 28,808.46 06/28/98 05/28/13 178.98 06/28/98 07/28/98 85.0 10.850 271.95
800831927 124,000.00 124,000.00 07/08/98 06/08/28 359.34 06/08/98 07/08/98 80.0 8.000 909.87
800831992 31,750.00 31,483.35 07/10/98 06/10/13 179.41 07/10/98 08/10/98 72.8 9.600 269.29
800833055 64,800.00 64,800.00 06/20/98 05/20/13 178.72 06/20/98 07/20/98 90.0 9.700 554.36
800833550 20,000.00 19,947.97 06/27/98 05/27/13 178.95 06/27/98 07/27/98 89.8 11.150 229.21
800833832 93,650.00 93,650.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 85.0 10.725 949.18
800834095 67,500.00 67,500.00 07/10/98 06/10/28 359.41 06/10/98 07/10/98 90.0 10.500 617.45
800834384 129,000.00 129,000.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 75.0 9.850 1,117.79
800834830 36,225.00 36,225.00 06/15/98 05/15/13 178.55 06/15/98 07/15/98 90.0 10.000 317.90
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 4 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-04 23604 800835795 HOWELL EVERTON D 667 LAKEWAY DRIVE NORTH BABYLON NY 11703
236-04 23604 800836041 HAWKINS CHARLES HENRY 8213 BIRDSONG DRIVE FORT WASHINGTON MD 20744
236-04 23604 800836207 GRANT YI-RU N. 2916 BAYLOR PLACE BRADENTON FL 34207
236-04 23604 800836629 WOOD CHRISTOPHE R 19 NORMANDY ROAD FLANDERS NJ 7836
236-04 23604 800836694 CHARLES RENES 17 19 THACKERY STREET PROVIDENCE RI 2907
236-04 23604 800836991 TOKUDA HIDEKO 424 FRANKLIN STREET DENVER CO 80218
236-04 23604 800837361 NICHOLS MARK S 550 RADNOR STREET HARRISBURG PA 17102
236-04 23604 800837494 CURRAN PATRICK 3113 WELLINGTON WAY BALDWIN MD 21013
236-04 23604 800838534 MCNAIR ALONZO F 3638 EAST COMANCHE AVENUE TAMPA FL 33610
236-04 23604 800838724 RODRIGUES JOSEPH W 4670 WEST 4275 SOUTH HOOPER UT 84315
236-04 23604 800839201 ATWOOD C VAL 505 NORTH 500 EAST AMERICAN FORK UT 84003
236-04 23604 800839318 BOYLES WALTER E 401 MEADOW LANE BURGAW NC 28425
236-04 23604 800839375 LEWIS BOLLAR JR 205 PINEVIEW DRIVE HENDERSON NC 27536
236-04 23604 800840324 ROZANSKI ROBERT E 839 SOUTHWEST 29TH TERRACE CAPE CORAL FL 33914
236-04 23604 800840357 HARMON DENNIS J 527 SOUTHWEST 39TH TERRACE CAPE CORAL FL 33914
236-04 23604 800841843 MATEL ROBERTO 1407 1409 SHOTWELL ST SAN FRANCISCO CA 94110
236-04 23604 800842015 HAMILTON MARY 9151 HIGHLAND HILLS DRIVE LELAND NC 28451
236-04 23604 800842411 ROBUSTELLO JOHN T 24 NEPTUNE AVENUE EAST PATCHOGUE NY 11772
236-04 23604 800842775 WOOD KEVIN B 8163 26TH AVENUE NORTH ST PETERSBURG FL 33710
236-04 23604 800842932 ROBERTS RONALD D 415 COLLEY STREET BENTON PA 17814
236-04 23604 800843260 CABRERA SAMUEL 181 - 183 LAMBERTON STREET NEW HAVEN CT 6519
236-04 23604 800843674 KOWAL MICHAEL 1213 MANASSAS COURT RALEIGH NC 27609
236-04 23604 800843815 BERINGER MICHAEL KURT 11992 MERIDEN LANE SAN DIEGO CA 92128
236-04 23604 800843955 KRISTIANSEN STEVEN 3742 W TUSCALOOSA WAY WEST JORDAN UT 84084
236-04 23604 800844615 LIGATO ANTHONY F 17 CHERRY LANE TROY NY 12180
236-04 23604 800845091 JARAMILLO ADOLPH 932 WEST 7TH AVENUE DENVER CO 80204
236-04 23604 800845281 WILSON KATHY 3044 CASTLEMAN MEMPHIS TN 38118
236-04 23604 800845794 GRIGGS RICHARD D 9110 166TH STREET EAST PUYALLUP WA 98373
236-04 23604 800846107 CURET-RAMOS MARIA M 5314 CAMERON COURT SHEFFIELD OH 44054
236-04 23604 800846149 JOHNSON LARRY 11 DUNNOCK COURT COLUMBIA SC 29229
236-04 23604 800846479 OSTROWSKY HAROLD 6 GAIL COURT COVENTRY RI 2816
236-04 23604 800847162 SHRIVER PHILIP H 8331 NW 12TH STREET PEMBROKE PINES FL 33024
236-04 23604 800847451 LOUISIUS ERICK 1083 WHITE OAK AVENUE ATLANTA GA 30310
236-04 23604 800848582 REED JOHN W 5136 68TH STREET NORTH ST PETERSBURG FL 33709
236-04 23604 800848830 RIVERS CORINE D 112 POU STREET ST. MATTHEWS SC 29135
236-04 23604 800848848 DENBOER ROBERT 1985 HEIGHTSVIEW DR HOUGHTON LAKE HTS MI 48630
236-04 23604 800849523 KHURANA ROOPA 1970 E. TREMONT AVE. #9D BRONX NY 10462
236-04 23604 800849754 NUNEZ JOSE 4385 GOLDEN GATE PARKWAY NAPLES FL 34116
236-04 23604 800850117 PRINDLE RANSOM 3227 3229 SKYLINE BLVD CAPE CORAL FL 33914
236-04 23604 800850190 BOYSAN ARIF M 6 BELLE VALE STREET MONROE CT 6468
236-04 23604 800850828 WHITESIDE LYANNA L 7814 BURNETT STREET SPARTANBUUG SC 29303
236-04 23604 800851370 DETTREY JOSEPH A 7265 WOODSTOCK ST COLORADO SPRINGS CO 80911
236-04 23604 800852071 BRACKETT MAX EARL 1275 PANAMA DRIVE SARASOTA FL 34234
236-04 23604 800852527 MEYER SCOTT RANDALL 2332 E HAWTHORNE STREET TUCSON AZ 85719
236-04 23604 800853442 BETTS MAUREEN 750 EAST 1600 NORTH MAPLETON UT 84664
236-04 23604 800854242 MCELWAIN DAVID B 18465 YELLOW SCHOOLHOUSE R ROUNDHILL VA 20141
236-04 23604 800855256 SHIN JAMES S. 10049 E EL POSO TRAIL TUCSON AZ 85749
236-04 23604 800855918 WILLIAMS GENE C 5 DOVE FIELD ROAD CROSS HILL SC 29332
236-04 23604 800857765 BRODY CAROL L 325 GIVENS STREET SARASOTA FL 34242
236-04 23604 800858136 TUMMINIA JOSEPH M 24862 US HIGHWAY 19 NORTH CLEARWATER FL 33763
236-04 23604 800858409 SANTANA NANCY 367 WEIRFIELD STREET BROOKLYN NY 11237
236-04 23604 800858433 MENDELSOHN EDWARD 4224 NORTHWEST 73RD AVENUE CORAL SPRINGS FL 33065
236-04 23604 800858631 SCHNEIDER JOHN M JR 3114 KANE AVENUE MEDFORD NY 11783
236-04 23604 800858656 WEILL NORMAN J 45 LABRANCHE ROAD HILLSDALE NY 12529
236-04 23604 800858797 HOUSTON NANCY 14 STUART STREET WESTERLY RI 2891
236-04 23604 800859019 HUANG WEI-LUNG 15441 VICTORIA LANE HUNTINGTON BEACH CA 92647
236-04 23604 800859878 TERRELL JUDY 4464 HIDDEN RIVER ROAD SARASOTA FL 34240
236-04 23604 800862948 RUTHERFORD MICHAEL J 78 LEISURE LANDS EAST STROUDSBURG PA 18301
236-04 23604 800864027 BANKS STRING JAMES WILLIA 48 NEVADA ROAD NORTH BABYLON NY 11703
236-04 23604 800865271 DUHANEY ELLISTON C 10201 MULBERRY WAY LARGO FL 33777
236-04 23604 800866170 HUNTOON C GARY 8101 NORTH CENTRAL AVENUE PHOENIX AZ 85020
236-04 23604 800866485 WILTBERGER BRIAN J 3116 BELL DRIVE BOULDER CO 80301
236-04 23604 800866576 ERVIN WAYNE W 2804 AVENUE S NORTHWEST WINTER HAVEN FL 33881
236-04 23604 800867301 JIMENEZ NOE 5317 NORTH 35TH AVE UNIT B PHOENIX AZ 85017
236-04 23604 800867335 LOPEZ LEROY J 7911 SOUTH ESTES STREET LITTLETON CO 80123
236-04 23604 800867400 RYSANEK ALLEN L 9140 TIMBER PATH APT 1702 SAN ANTONIO TX 78250
236-04 23604 800871436 REDDING MICHAEL C 27592 PASEO CASTILE SAN JUAN CAPISTRANO CA 92675
236-04 23604 800871782 SCHULTE JUDY 2527 NORTH CEDAR LANE PANAMA CITY FL 32405
236-04 23604 800871907 VAN GORDEN JANET G 11438 ROHRMAN ROAD PORT RICHEY FL 34668
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800835795 95,000.00 95,000.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 76.0 8.500 730.47
800836041 33,050.00 33,050.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 84.8 11.850 393.47
800836207 12,200.00 12,200.00 07/10/98 06/10/13 179.41 06/10/98 07/10/98 84.9 11.850 145.25
800836629 16,000.00 15,897.31 06/19/98 05/19/08 118.68 06/19/98 07/19/98 71.4 12.500 234.20
800836694 52,125.00 52,125.00 07/11/98 06/11/13 179.44 06/11/98 07/11/98 75.0 10.500 476.81
800836991 22,000.00 22,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 80.0 10.600 202.89
800837361 26,000.00 26,000.00 06/21/98 05/21/08 118.75 05/21/98 06/21/98 65.0 9.250 332.89
800837494 55,000.00 55,000.00 07/03/98 06/03/18 239.18 06/03/98 07/03/98 64.4 12.100 609.44
800838534 16,340.00 16,340.00 07/04/98 06/04/13 179.21 06/04/98 07/04/98 80.0 12.850 205.13
800838724 27,544.00 27,544.00 06/04/98 05/04/13 178.19 05/04/98 06/04/98 88.0 12.500 339.49
800839201 67,470.00 67,470.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 45.9 11.600 792.47
800839318 67,500.00 67,500.00 07/10/98 06/10/23 299.41 06/10/98 07/10/98 90.0 11.150 668.91
800839375 81,800.00 81,540.43 07/03/98 06/03/28 359.18 07/03/98 08/03/98 56.8 8.000 600.22
800840324 20,050.00 20,050.00 07/05/98 06/05/18 239.24 06/05/98 07/05/98 85.0 12.100 222.17
800840357 29,700.00 29,700.00 07/08/98 06/08/08 119.34 06/08/98 07/08/98 89.8 10.150 394.96
800841843 104,000.00 104,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 74.9 10.722 1,163.97
800842015 30,800.00 30,800.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 80.0 10.500 340.46
800842411 100,000.00 100,000.00 07/10/98 06/10/18 239.41 06/10/98 07/10/98 80.0 8.990 899.08
800842775 71,200.00 71,200.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 80.0 8.650 555.05
800842932 60,000.00 60,000.00 07/10/98 06/10/28 359.41 06/10/98 07/10/98 80.0 12.600 645.01
800843260 30,000.00 30,000.00 06/27/98 05/27/18 238.95 05/27/98 06/27/98 63.1 11.700 324.07
800843674 53,200.00 53,200.00 07/04/98 06/04/13 179.21 06/04/98 07/04/98 70.0 9.850 460.98
800843815 65,600.00 65,600.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 84.9 10.975 676.00
800843955 45,750.00 45,750.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 78.4 11.100 439.15
800844615 102,000.00 102,000.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 85.0 11.350 998.44
800845091 50,000.00 50,000.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 66.6 9.650 425.91
800845281 68,400.00 68,188.71 07/02/98 06/02/28 359.15 07/02/98 08/02/98 90.0 10.400 620.57
800845794 38,000.00 38,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 79.7 12.850 477.05
800846107 7,400.00 7,364.92 07/03/98 06/03/13 179.18 07/03/98 08/03/98 89.9 11.150 84.81
800846149 163,800.00 163,800.00 06/29/98 05/29/28 359.01 05/29/98 06/29/98 90.0 10.500 1,498.34
800846479 20,000.00 20,000.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 73.6 10.700 223.57
800847162 29,000.00 28,781.05 03/27/98 02/27/13 176.02 06/27/98 07/27/98 82.4 12.990 366.73
800847451 49,700.00 49,559.19 07/02/98 06/02/13 179.15 07/02/98 08/02/98 70.0 10.600 458.35
800848582 114,325.00 114,325.00 07/02/98 06/02/13 179.15 06/02/98 07/02/98 85.0 11.700 1,350.10
800848830 39,600.00 39,600.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 80.0 12.850 433.42
800848848 104,200.00 104,200.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 73.3 12.350 1,099.97
800849523 21,000.00 21,000.00 06/19/98 05/19/28 358.68 05/19/98 06/19/98 50.0 11.500 207.96
800849754 105,000.00 105,000.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 75.0 9.850 909.83
800850117 75,650.00 75,650.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 85.0 10.850 711.87
800850190 56,600.00 56,600.00 06/23/98 05/23/13 178.82 05/23/98 06/23/98 79.9 13.490 647.86
800850828 22,500.00 22,500.00 07/05/98 06/05/13 179.24 06/05/98 07/05/98 75.0 12.500 277.32
800851370 43,088.00 43,088.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.9 11.150 493.80
800852071 33,225.00 33,225.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 81.6 11.750 393.43
800852527 36,685.00 36,685.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 84.3 10.750 372.44
800853442 117,000.00 117,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 75.7 11.125 1,125.28
800854242 45,000.00 45,000.00 07/02/98 06/02/13 179.15 06/02/98 07/02/98 56.2 10.100 486.33
800855256 97,100.00 97,100.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 79.3 11.850 987.59
800855918 48,000.00 48,000.00 06/22/98 05/22/13 178.78 05/22/98 06/22/98 60.0 10.150 520.22
800857765 23,500.00 23,500.00 07/03/98 06/03/18 239.18 06/03/98 07/03/98 84.9 11.350 248.19
800858136 26,400.00 26,400.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 80.0 8.900 210.52
800858409 57,500.00 57,304.14 06/26/98 05/26/18 238.92 06/26/98 07/26/98 88.8 11.300 605.29
800858433 11,250.00 11,250.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 80.0 13.600 146.81
800858631 41,150.00 41,075.54 06/28/98 05/28/18 238.98 06/28/98 07/28/98 84.8 12.150 457.41
800858656 50,000.00 50,000.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 79.1 9.500 420.43
800858797 21,000.00 21,000.00 06/28/98 05/28/13 178.98 05/28/98 06/28/98 85.0 11.600 246.66
800859019 16,400.00 16,363.96 05/21/98 04/21/13 177.76 06/21/98 07/21/98 84.9 12.650 203.74
800859878 74,500.00 74,486.76 06/22/98 05/22/13 178.78 06/22/98 07/22/98 74.6 10.990 708.92
800862948 20,000.00 20,000.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 89.9 10.750 224.19
800864027 104,000.00 104,000.00 07/03/98 06/03/18 239.18 06/03/98 07/03/98 79.2 9.650 979.63
800865271 44,600.00 44,600.00 07/02/98 06/02/13 179.15 06/02/98 07/02/98 80.0 10.250 399.66
800866170 39,300.00 39,300.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 90.0 10.950 372.78
800866485 28,000.00 28,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 89.3 10.000 300.89
800866576 13,600.00 13,600.00 07/08/98 06/08/08 119.34 06/08/98 07/08/98 79.2 13.100 203.87
800867301 24,750.00 24,750.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 75.0 9.700 211.74
800867335 51,993.00 51,993.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.9 10.900 491.22
800867400 43,200.00 43,200.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 80.0 10.600 398.40
800871436 29,500.00 29,500.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 83.3 9.750 312.51
800871782 40,000.00 39,481.72 01/02/98 12/02/12 173.16 06/02/98 07/02/98 80.0 11.450 466.01
800871907 41,000.00 41,000.00 07/10/98 06/10/08 119.41 06/10/98 07/10/98 68.3 10.000 541.82
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 5 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-04 23604 800872277 BIDWELL JAMES L. 505 N EAST STREET WABASH IN 46992
236-04 23604 800872616 ORD THOMAS C 5033 FAWN LANE FORT COLLINS CO 80526
236-04 23604 800873770 MORRIS WILLIE 4 RT BOX 2086 HAVANA FL 32333
236-04 23604 800874034 LEONARD JOEL A 14 BREWSTER ROAD HINGHAM MA 2043
236-04 23604 800874307 LEWIS BETTY DARLENE 21787 PIONEER WAY GRASS VALLEY CA 95949
236-04 23604 800874463 ROSSI MICHAEL T 9717 SOUTH AUTUMNWOOD HIGHLANDS RANCH CO 80126
236-04 23604 800875239 HILLIER KENNETH 5017 SANDY SHORE AVENUE SARASOTA FL 34242
236-04 23604 800876914 PIPER SCOTT C 6493 QUARTZ CIRCLE ARVADA CO 80007
236-04 23604 800877540 WILKS CRANDALL SCOTT 8637 PARK BYRD ROAD LAKELAND FL 33810
236-04 23604 800878324 BLACKMUN JAY C 3845 CHERRYVALE AVENUE SOQUEL CA 95073
236-04 23604 800878969 CHUDYK MARIBETH 154 WEST MIDDLESEX DRIVE CARLISLE PA 17013
236-04 23604 800880544 YACIUK RAYMOND 814 SIR GALAHAD DRIVE LAFAYETTE CO 80026
236-04 23604 800880627 YACIUK RAYMOND 815 SIR GALAHAD ST LAFAYETTE CO 80026
236-04 23604 800880684 HAINES ANTHONY S 429 HESS ROAD ELIZABETHTOWN PA 17022
236-04 23604 800882714 ZAMMIT RONALD J 6971 JARVIS ROAD SARASOTA FL 34241
236-04 23604 800883605 STILLWELL ROBERT L 110 WOODLAND ESTATES GREAT FALLS MT 59404
236-04 23604 800883712 FARRELL CARRIE N25205 GOOD HOPE ROAD ATHOL ID 83801
236-04 23604 800883845 WILSON DAVID W 1415 ARNOLD STREET PITTSBURGH PA 15220
236-04 23604 800885816 BLAKE EDWARD C 3826 APPALOOSA RIDGE ROAD RICHBURG SC 29729
236-04 23604 800886160 FABOK-TABLER MICHELLE 37 MORNINGSIDE DRIVE MOUNT BETHEL PA 18343
236-04 23604 800886293 HAMROFF JOEL 583 WAGSTAFF DRIVE EAST MEADOW NY 11554
236-04 23604 800887192 CASTILLO TAMARA 600 DELTA STREET DENVER CO 80221
236-04 23604 800887895 ORELLANA DANIEL JR 2579 COUNTRYSIDE BOULEVARD CLEARWATER FL 33761
236-04 23604 800890881 BOYER JEFFREY D 12 BUXTON COURT WEST MIDDLESEX PA 16159
236-04 23604 800891160 KELLY EDWARD P 11736 GULFSTREAM DR. FISHERS IN 46038
236-04 23604 800891616 FRANCO JOSEPH R. 20119 BACKNINE DRIVE BOCA RATON FL 33498
236-04 23604 800892077 FRIEDMAN ROBERT 17340 PINEY CT COLORADO SPRINGS CO 80908
236-04 23604 800892937 LEBEDA PHILLIP R. 7400 COLLEGE PARKWAY 56B FORT MYERS FL 33907
236-04 23604 800908014 FRYBERGER ROBERT LEROY 712 WEST VAUGHN STREET TEMPE AZ 85283
236-04 23604 800909483 BRAZELL MARGARET M 302 LEE ROAD COLUMBIA SC 29229
236-04 23604 800910044 DODSON DARLINE L 19190 SOUTHWEST 42ND LANE DUNNELLON FL 34432
-----------------------------------------
307 Sale Total
236-05 23603 800527582 CROFT CHARLES C 8058 VIRGINIA ROAD ATWATER OH 44201
236-05 23603 800619249 BROWN ROBERT E 724 S.W. ADDISON AVENUE JUNCTION CITY OR 97448
236-05 23603 800630048 GREENE MARY H 135 S BROAD STREET JERSEY SHORE PA 17740
236-05 23603 800642662 HILL LOLA A 118 NICHOLAS AVENUE STATEN ISLAND NY 10304
236-05 23603 800653966 DUARTE CARLOS G 1185 AVENIDA DE APRISA CAMARILLO CA 93010
236-05 23603 800667263 GOOD TIMOTHY C. 12827 LENORE REDFORD MI 48239
236-05 23603 800672917 HILL MICHAEL J 427 SOUTH 100 WEST OREM UT 84058
236-05 23603 800691404 JONES CLAUDE 5526 200TH ST SOUTHWEST LYNNWOOD WA 98036
236-05 23603 800700361 CASSAR MICHAEL 305 FOCH BOULEVARD MINEOLA NY 11501
236-05 23603 800702391 BROOKS GEORGE W 4556 HARWOOD ROAD COLORADO SPRINGS CO 80916
236-05 23603 800704686 GARCIA MICHAEL 6215 ISLAND LAKE DR BRIGHTON MI 48116
236-05 23603 800711863 AFO TOALEI T 3722 WEST VIXEN WAY TAYLORSVILLE UT 84118
236-05 23603 800711962 D'AURIZIO JOSEPH L 3003 KIRVIN LANE SCHNECTADY NY 12306
236-05 23603 800714776 SCOTT THOMAS 11550 LAKELAND ACRES ROAD LAKELAND FL 33809
236-05 23603 800718041 DELMAN STEVEN M 649 BAMBOO TERRACE SAN RAFAEL CA 94901
236-05 23603 800720120 SITAL ASHTON 2672 BRIGGS AVENUE BRONX NY 10438
236-05 23603 800722001 PFEFFER T JOSEPH 6042 CRIMSON DRIVE SAN JOSE CA 95120
236-05 23603 800728586 LEE KYOUNG SOO 105 MORNINGSIDE DRIVE SAN FRANCISCO CA 94132
236-05 23603 800734576 TOUSSAINT BRENDA J 21 44 CAMP ROAD FAR ROCKAWAY NY 11691
236-05 23603 800739120 BURSHTEYN MIKHAIL 3829 MAPLE AVENUE BROOKLYN NY 11224
236-05 23603 800744237 NAZARIO LILLIAN 2410 KINGSWAY ROAD FORT WASHINGTON MD 20744
236-05 23603 800744328 BANKOWSKI ROBERT 739 MAIN STREET DUNKIRK NY 14048
236-05 23603 800744641 TETENES JOHN 20 EDGEWATER AVENUE MASSAPEQUA NY 11758
236-05 23603 800745358 RULE WILLIAM L 3737 EAST TURNEY #121 PHOENIX AZ 85018
236-05 23603 800746059 LARGE ELINOR G 945 NORTH PASADENA #5 MESA AZ 85201
236-05 23603 800747917 BROWN VANESSA 216 BROADWAY STREET NAVASSA NC 28404
236-05 23603 800749707 JACOBS JEFF L 455 WEST LAKEVIEW ROAD LINDON UT 84042
236-05 23603 800750523 STEPHENS JON D 868 SOUTH 300 WEST OREM UT 84058
236-05 23603 800754319 EVANS CHRISTOPHE J 4185 RED ROCKS DRIVE LARKSPUR CO 80118
236-05 23603 800755415 ARISHIN JOANN K 8737 GLENBRIAR DRIVE STOCKTON CA 95209
236-05 23603 800756314 LARSEN JANICE L 7909 SANIBEL DRIVE TAMARAC FL 33321
236-05 23603 800760118 STEWART JAIME A 2051 CAROLINE AVENUE INDIANAPOLIS IN 46218
236-05 23603 800763906 GOMEZ CARLOS 15230 RIVIERA LANE LA MIRADA CA 90638
236-05 23603 800767600 SKUKOWCKI MICHELE H 703 WEST 65TH STREET BRADENTON FL 34207
236-05 23603 800768566 STANISZEWSKI JOSEPH H 364 WARE ROAD PALMER MA 1069
236-05 23603 800768962 SHULLO DANIEL B 5747 SALTSBURG ROAD VERONA PA 15147
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800872277 11,000.00 11,000.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 89.9 11.400 127.80
800872616 32,000.00 32,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 57.0 10.100 345.83
800873770 81,000.00 81,000.00 07/08/98 06/08/23 299.34 06/08/98 07/08/98 90.0 10.650 773.48
800874034 25,000.00 25,000.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 64.7 10.100 221.24
800874307 77,000.00 77,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.8 10.975 731.83
800874463 10,814.00 10,814.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.9 10.650 120.55
800875239 40,000.00 40,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 88.7 11.990 479.81
800876914 20,000.00 20,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 74.7 9.400 207.64
800877540 46,800.00 46,800.00 07/17/98 06/17/18 239.64 06/17/98 07/17/98 90.0 10.900 479.88
800878324 28,000.00 28,000.00 06/01/98 05/01/13 178.09 05/01/98 06/01/98 79.9 12.250 340.57
800878969 34,361.00 34,361.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 90.0 11.150 393.79
800880544 13,301.00 13,301.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 74.9 11.100 138.20
800880627 12,748.00 12,748.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 74.9 11.100 132.45
800880684 25,500.00 25,500.00 07/10/98 06/10/13 179.41 06/10/98 07/10/98 89.8 10.400 280.30
800882714 30,000.00 30,000.00 07/15/98 06/15/18 239.57 06/15/98 07/15/98 80.6 11.600 322.00
800883605 29,239.00 29,239.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 88.8 11.400 287.32
800883712 20,079.00 20,079.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 85.0 11.850 239.05
800883845 12,500.00 12,500.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 90.0 10.500 114.34
800885816 77,775.00 77,775.00 07/09/98 06/09/28 359.38 06/09/98 07/09/98 85.0 11.250 755.40
800886160 88,800.00 88,800.00 07/16/98 06/16/28 359.61 06/16/98 07/16/98 80.0 10.400 805.66
800886293 48,000.00 48,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 84.8 12.990 530.60
800887192 24,000.00 24,000.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 79.3 13.350 287.18
800887895 27,500.00 27,500.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 65.0 9.000 278.92
800890881 74,500.00 74,500.00 07/11/98 06/11/13 179.44 06/11/98 07/11/98 84.9 12.100 898.92
800891160 66,700.00 66,700.00 07/11/98 06/11/18 239.44 06/11/98 07/11/98 79.9 13.600 810.12
800891616 17,500.00 17,500.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 90.0 10.650 195.08
800892077 64,200.00 64,200.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 84.4 11.350 678.02
800892937 44,000.00 44,000.00 07/16/98 06/16/18 239.61 06/16/98 07/16/98 80.0 10.350 434.86
800908014 33,500.00 33,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 75.9 11.150 322.84
800909483 40,800.00 40,800.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 80.0 11.150 467.58
800910044 40,500.00 40,500.00 07/17/98 06/17/18 239.64 06/17/98 07/17/98 90.0 10.400 401.63
- ---------------------------------------- ------ -----------------------------
18,612,317.00 18,595,798.26 229.87 79.1 10.784 185,734.12
800527582 33,000.00 33,000.00 06/01/98 05/01/13 178.09 06/01/98 07/01/98 59.4 10.600 304.33
800619249 23,000.00 23,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 78.9 9.475 239.82
800630048 44,850.00 44,829.51 05/20/98 04/20/28 357.73 05/20/98 06/20/98 69.0 9.850 388.63
800642662 139,500.00 139,454.92 05/24/98 04/24/13 177.86 05/24/98 06/24/98 90.0 11.450 1,376.14
800653966 100,000.00 100,000.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 72.3 9.900 958.41
800667263 88,000.00 87,965.87 04/18/98 03/18/13 176.65 05/18/98 06/18/98 80.0 13.750 1,157.19
800672917 119,500.00 119,479.93 06/01/98 05/01/13 178.09 06/01/98 07/01/98 79.8 7.700 851.99
800691404 15,400.00 15,329.14 05/01/98 04/01/13 177.11 06/01/98 07/01/98 85.0 13.500 199.94
800700361 89,000.00 88,624.37 06/21/98 05/21/13 178.75 06/21/98 07/21/98 84.9 12.150 1,076.75
800702391 85,000.00 85,000.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 75.8 8.650 662.63
800704686 72,000.00 71,986.89 06/01/98 05/01/13 178.09 06/01/98 07/01/98 80.0 14.000 853.11
800711863 126,000.00 125,948.28 05/01/98 04/01/13 177.11 06/01/98 07/01/98 90.0 10.350 1,138.47
800711962 37,000.00 37,000.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 85.5 12.400 417.77
800714776 50,000.00 50,000.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 80.0 10.500 457.37
800718041 61,000.00 61,000.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 79.3 9.575 571.59
800720120 54,400.00 54,189.89 06/14/98 05/14/13 178.52 06/14/98 07/14/98 79.7 10.500 601.34
800722001 34,750.00 34,750.00 06/01/98 05/01/13 178.09 06/01/98 07/01/98 85.0 13.150 388.48
800728586 100,000.00 100,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 79.5 13.375 1,135.59
800734576 82,000.00 82,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 44.3 9.950 716.58
800739120 36,000.00 35,986.59 05/27/98 04/27/13 177.96 05/27/98 06/27/98 89.6 10.800 337.41
800744237 144,000.00 144,000.00 06/13/98 05/13/13 178.49 05/13/98 06/13/98 90.0 11.450 1,420.53
800744328 30,400.00 30,400.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 80.0 10.800 284.92
800744641 70,000.00 70,000.00 07/22/98 06/22/13 179.80 06/22/98 07/22/98 75.3 13.350 793.53
800745358 19,000.00 19,000.00 06/20/98 05/20/13 178.72 05/20/98 06/20/98 83.9 10.750 212.98
800746059 25,250.00 25,221.60 06/12/98 05/12/18 238.45 06/12/98 07/12/98 79.0 11.200 264.07
800747917 36,400.00 36,400.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 70.0 10.000 319.44
800749707 100,000.00 99,790.89 05/01/98 04/01/13 177.11 07/01/98 08/01/98 72.8 12.700 1,082.80
800750523 65,000.00 65,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 52.6 9.850 692.54
800754319 51,300.00 51,300.00 06/10/98 05/10/13 178.39 05/10/98 06/10/98 79.8 13.650 593.66
800755415 19,250.00 19,250.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 75.0 10.775 216.08
800756314 25,000.00 24,981.04 06/13/98 05/13/13 178.49 06/13/98 07/13/98 59.9 11.750 252.35
800760118 18,700.00 18,700.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 74.8 11.600 186.61
800763906 54,000.00 54,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 87.4 10.475 492.96
800767600 27,900.00 27,900.00 05/20/98 04/20/13 177.73 05/20/98 06/20/98 79.9 11.950 333.95
800768566 20,000.00 20,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 84.0 11.700 236.19
800768962 20,600.00 20,600.00 07/17/98 06/17/18 239.64 06/17/98 07/17/98 89.0 11.150 214.74
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 6 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-05 23603 800770398 FANNING RICHARD DOUGLAS 3024 SURRY STREET LOS ANGELES CA 90027
236-05 23603 800771990 THOMAS SALLIE 353 EAST MARSHALL STREET NORRISTOWN PA 19401
236-05 23603 800772154 CHANG LINDA L.C. 25511 LAWTON AVE LOMA LINDA CA 92354
236-05 23603 800779332 LEE GEORGE W 418 FLEMING AVENUE PLACENTIA CA 92670
236-05 23603 800780751 COELHO JOAO M 37 FARMHAVEN AVENUE EDISON NJ 8820
236-05 23603 800783532 COLLADO IBET 99 WAVERLY STREET PROVIDENCE RI 2907
236-05 23603 800784514 TULANE GREGORY W 3097 WEST 1150 NORTH WEST POINT UT 84015
236-05 23603 800784589 SCHMIDT JOEL R 13634 SORRENTO DETROIT MI 48227
236-05 23603 800788200 HAMPTON GEORGE L 1440 SOUTH LAREDO WAY AURORA CO 80017
236-05 23603 800789679 BRANDT KELVIN E 1625 PUTNAM STREET HARRISBURG PA 17104
236-05 23603 800796575 MC COY MICHAEL S 1285 GRAPE STREET DENVER CO 80220
236-05 23603 800796625 OLSON PATRICIA J 3401 ALDRICH MINNEAPOLIS MN 55408
236-05 23603 800801870 BOTTITA MICHAEL A 4795 WEST WASATCH DRIVE HIGHLAND UT 84003
236-05 23603 800805418 BERGSTROM ROBERT L. 13797 SOUTH FRONTIER STREE RIVERTON UT 84065
236-05 23603 800805434 TALLERDAY PATRICK JOSEPH 310 SOUTH 35TH STREET SPRINGFIELD OR 97478
236-05 23603 800806473 BLACKBURN CHARLES E 18230 SOUTHEAST 243RD ST HAWTHORNE FL 32640
236-05 23603 800808545 SIMS MARION 222 MARYLAND AVENUE PATERSON NJ 7503
236-05 23603 800809014 SAPSFORD JOANN 498 RHODES AVENUE AKRON OH 44307
236-05 23603 800809568 ARNETT PHYLLIS A 955 CHANTICLEER CHERRY HILL NJ 8003
236-05 23603 800813651 DENSON MARY 117 NORTH WEST 10TH AVENUE BOYNTON BEACH FL 33435
236-05 23603 800814220 MCLAUGHLIN KENNETH B 724 CALERO AVENUE SAN JOSE CA 95123
236-05 23603 800814329 HIGGINS JESSE L. 3735 N 19TH STREET MILWAUKEE WI 53206
236-05 23603 800814550 AIDE WILLIAM T 607 ROSEMONT AVENUE STROUDSBURG PA 18360
236-05 23603 800815219 TRABACCONE JOSEPH 759 CORINTHIAN STREET PHILADELPHIA PA 19130
236-05 23603 800816522 LANDMAN ALAN 1 VIOLET LANE PLAINVIEW NY 11803
236-05 23603 800819625 HELMSIN BARBARA J 8806 SOUTH MIDVALLEY DRIVE WEST JORDAN UT 84088
236-05 23603 800819641 BERKOSKI EDWARD P 1614 BRIGGS STREET HARRISBURG PA 17103
236-05 23603 800820185 GREEN EDWARD 1758 BOUTWELL HILL ROAD CHERRY CREEK NY 14723
236-05 23603 800821068 BERTREM LOUIS J 2897 CALLE HERALDO SAN CLEMENTE CA 92673
236-05 23603 800821480 CASSITY WAYNE M 5000 RENA STREET NORTH ST PETERSBURG FL 33709
236-05 23603 800822371 ST. DENIS MICHAEL A. 205 PLEASANT STREET ITHACA NY 14850
236-05 23603 800822777 COLLINS EDDIE W 6075 CYPRESS DRIVE MT MORRIS MI 48458
236-05 23603 800823866 BUSSIE TONY L 4817 WEST MELROSE AVENUE INDIANAPOLIS IN 46241
236-05 23603 800824807 JOHANSEN LYNDA 131 AMERICANA BOULEVARD NO PALM BAY FL 32907
236-05 23603 800827149 SHANELEC JENNIFER 1967 JUNEWOOD AVE SAN JOSE CA 95132
236-05 23603 800827206 MORTON KATHLEEN A 8105 MARYS FISH CAMP ROAD SPRING HILL FL 34607
236-05 23603 800828626 SOLOMON CHARLES J 2728 SHELLBARK ROAD DECATUR GA 30035
236-05 23603 800829228 ROMANELLO LOUIS JOHN 5224 RIO GRANDE DRIVE SAN JOSE CA 95136
236-05 23603 800830036 BELL DONNIE A 641 4TH STREET POLK CITY FL 33868
236-05 23603 800830333 BEBLA BARBARA S 4967 165TH PLACE SE BELLEVUE WA 98006
236-05 23603 800830564 OCKIMEY JAMES 167 BEVERLY ROAD HEMPSTEAD NY 11550
236-05 23603 800830945 WIRT KENNETH A 44936 WINDING LANE FREMONT CA 94539
236-05 23603 800831760 HASKINS CHARLES R 411 62ND STREET HOLMES BEACH FL 34217
236-05 23603 800832156 KWON KAP PYO 5118 LEE STREET TORRANCE CA 90503
236-05 23603 800832370 STAHL BERTRUM J 182 SEMINOLE PONTIAC MI 48341
236-05 23603 800832701 HAMILTON PAUL E 479 DEAN STREET BROOKLYN NY 11217
236-05 23603 800835670 BURNINGHAM DELBERT I 8090 WEST EMMERSON CIRCLE MAGNA UT 84044
236-05 23603 800836355 RODGERS BONNIE K 909 MYRTLEWOOD COURT ANTIOCH CA 94509
236-05 23603 800836603 MARCUS ELIJAH 1603 A WEST VANDALIA ROAD GREENSBORO NC 27406
236-05 23603 800837247 KOWAL MICHAEL E 1208 MANASSAS COURT H RALEIGH NC 27609
236-05 23603 800837536 GISIN ROSEMARY 63 WHITE ROAD SCARSDALE NY 10583
236-05 23603 800838583 GREENE JAMES T. 6659 HIGHLAND DRIVE KEYSTONE HEIGHTS FL 32656
236-05 23603 800838658 FLENER JEFFERY 456 N YUCCA CIRCLE MESA AZ 85201
236-05 23603 800839490 BENSON, WILLIAM WYATT 7690 NORTH HANNA STREET MCCORDSVILLE IN 46055
236-05 23603 800840845 WHORLEY ANDREW MALCOLM 820 CADY ROAD #H301 EVERETT WA 98203
236-05 23603 800842577 MITCHELL JOHN 2802 E DRACHMAN STREET TUCSON AZ 85716
236-05 23603 800842825 THOMPSON WILLIAM K 11214 SOUTH 1330 EAST SANDY UT 84092
236-05 23603 800843807 WALKER MARGARETE H. 15 COLUMBUS PLACE, UNIT 1 STAMFORD CT 6907
236-05 23603 800844011 HOLLAND TONY A 1016 EMMA AVENUE AKRON OH 44302
236-05 23603 800844243 SLADE JANICE A. 114 JOHN SNEED LANE LELAND NC 28451
236-05 23603 800844367 BRANIGAN CHRISTINE M 18514 CRAWLEY ROAD ODESSA FL 33556
236-05 23603 800844516 MACALUSH VINCENT 83 BIRCH KNOLL DRIVE HAZLETON PA 18201
236-05 23603 800845174 CREMER PATRICE ANNETTE 1196 MILLVILLE RD LAPEER MI 48446
236-05 23603 800846164 BINGHAM SUSANNAH J. 8471 JAVELINA DR SHOW LOW AZ 85901
236-05 23603 800847261 REYES VERLA J 7653 WYANDOT STREET DENVER CO 80221
236-05 23603 800849382 JIMENEZ RAUL G 16565 JACKSON CT SAN BERNARDINO CA 92336
236-05 23603 800850315 WARTHEN JULIAN S 1695 SMOKE RIDGE DRIVE COLORADO SPRINGS CO 80919
236-05 23603 800850489 CARROLL DALE M 2165 GULF OF MEXICO DR #14 LONGBOAT KEY FL 34228
236-05 23603 800850505 BELL ROBERT C 844 16TH STREET 4 SANTA MONICA CA 90403
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800770398 73,000.00 73,000.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 84.6 11.275 767.21
800771990 38,250.00 38,250.00 07/19/98 06/19/28 359.70 06/19/98 07/19/98 85.0 11.500 378.79
800772154 50,000.00 50,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.5 11.350 579.34
800779332 32,300.00 32,300.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 87.8 10.775 362.58
800780751 45,000.00 45,000.00 06/19/98 05/19/13 178.68 05/19/98 06/19/98 77.0 13.100 572.32
800783532 70,020.00 70,020.00 07/17/98 06/17/28 359.64 06/17/98 07/17/98 90.0 11.250 680.08
800784514 29,400.00 29,400.00 06/26/98 05/26/13 178.92 05/26/98 06/26/98 90.0 9.550 248.28
800784589 32,000.00 32,000.00 06/27/98 05/27/13 178.95 05/27/98 06/27/98 80.0 10.550 293.91
800788200 38,500.00 38,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.9 11.350 446.09
800789679 34,940.00 34,857.23 06/01/98 05/01/13 178.09 06/01/98 07/01/98 80.0 10.200 379.75
800796575 70,000.00 70,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 81.9 11.325 809.96
800796625 50,000.00 50,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 84.4 11.925 597.67
800801870 32,000.00 31,989.66 06/01/98 05/01/13 178.09 06/01/98 07/01/98 89.9 11.450 315.67
800805418 30,000.00 30,000.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 82.3 11.625 352.84
800805434 38,500.00 38,500.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 84.5 9.725 364.55
800806473 45,150.00 45,150.00 07/17/98 06/17/18 239.64 06/17/98 07/17/98 70.0 10.250 443.21
800808545 65,000.00 64,662.44 06/26/98 05/26/13 178.92 06/26/98 07/26/98 48.5 12.500 693.72
800809014 63,700.00 63,700.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 84.9 12.100 660.13
800809568 111,550.00 111,508.23 06/01/98 05/01/13 178.09 06/01/98 07/01/98 84.9 10.775 1,043.39
800813651 53,600.00 53,600.00 07/05/98 06/05/28 359.24 06/05/98 07/05/98 80.0 9.150 437.08
800814220 81,250.00 81,250.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 85.0 11.775 881.92
800814329 36,750.00 36,750.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 75.0 8.500 318.92
800814550 54,600.00 54,600.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 70.0 10.450 601.86
800815219 157,500.00 157,500.00 06/13/98 05/13/13 178.49 05/13/98 06/13/98 75.0 10.900 1,488.02
800816522 42,000.00 42,000.00 06/26/98 05/26/13 178.92 05/26/98 06/26/98 77.8 12.900 528.64
800819625 29,195.00 29,143.83 05/01/98 04/01/13 177.11 06/01/98 07/01/98 84.8 12.250 305.93
800819641 35,000.00 35,000.00 06/22/98 05/22/13 178.78 05/22/98 06/22/98 70.1 9.500 365.48
800820185 16,200.00 16,200.00 06/18/98 05/18/13 178.65 05/18/98 06/18/98 60.0 11.500 160.43
800821068 175,000.00 175,000.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 67.3 9.825 1,513.17
800821480 76,500.00 76,500.00 07/22/98 06/22/28 359.80 06/22/98 07/22/98 90.0 10.150 679.84
800822371 135,000.00 135,000.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 90.0 9.750 1,159.86
800822777 59,200.00 59,126.95 06/08/98 05/08/18 238.32 06/08/98 07/08/98 80.0 10.500 591.05
800823866 37,500.00 37,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 75.0 10.975 425.64
800824807 76,000.00 76,000.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 80.0 9.700 650.17
800827149 50,000.00 50,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 73.3 9.975 536.54
800827206 27,950.00 27,950.00 07/22/98 06/22/13 179.80 06/22/98 07/22/98 65.0 10.350 306.36
800828626 40,200.00 40,198.98 06/01/98 05/01/13 178.09 06/01/98 07/01/98 61.3 11.750 405.78
800829228 38,800.00 38,800.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 85.0 11.400 450.79
800830036 42,250.00 42,250.00 07/19/98 06/19/28 359.70 06/19/98 07/19/98 65.0 10.850 397.57
800830333 66,213.00 66,213.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 85.0 11.475 704.97
800830564 22,750.00 22,750.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 85.8 12.600 244.57
800830945 30,000.00 30,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 62.8 9.875 320.09
800831760 121,550.00 121,381.19 06/08/98 05/08/13 178.32 06/08/98 07/08/98 87.1 11.150 1,171.35
800832156 105,739.00 105,739.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 89.9 9.775 1,004.69
800832370 37,500.00 37,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 75.0 10.800 351.47
800832701 170,000.00 170,000.00 07/22/98 06/22/13 179.80 06/22/98 07/22/98 70.8 11.450 1,677.01
800835670 34,563.00 34,563.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 89.8 11.950 354.19
800836355 59,700.00 59,700.00 06/01/98 05/01/13 178.09 06/01/98 07/01/98 79.9 11.625 702.16
800836603 89,000.00 88,939.77 08/01/98 07/01/28 360.10 09/01/98 10/01/98 84.7 9.525 749.98
800837247 49,000.00 49,000.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 70.0 9.850 424.59
800837536 115,000.00 115,000.00 07/22/98 06/22/13 179.80 06/22/98 07/22/98 74.4 10.600 1,060.56
800838583 36,000.00 36,000.00 07/19/98 06/19/08 119.70 06/19/98 07/19/98 80.0 9.650 468.79
800838658 21,800.00 21,800.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 79.7 13.350 280.86
800839490 38,700.00 38,700.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 71.5 11.850 422.08
800840845 63,750.00 63,750.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 85.0 9.025 514.09
800842577 29,200.00 29,200.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 89.9 10.275 262.20
800842825 23,714.00 23,672.45 06/05/98 05/05/13 178.22 06/05/98 07/05/98 88.3 11.700 280.05
800843807 84,300.00 84,300.00 07/17/98 06/17/28 359.64 06/17/98 07/17/98 58.1 10.100 746.03
800844011 57,750.00 57,750.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 67.9 8.400 565.31
800844243 103,500.00 103,500.00 07/22/98 06/22/28 359.80 06/22/98 07/22/98 90.0 10.900 977.84
800844367 68,800.00 68,800.00 07/19/98 06/19/13 179.70 06/19/98 07/19/98 80.0 9.600 583.53
800844516 70,200.00 70,200.00 06/27/98 05/27/18 238.95 05/27/98 06/27/98 90.0 11.950 770.52
800845174 105,300.00 105,300.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 90.0 10.650 975.05
800846164 68,000.00 68,000.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 78.0 8.400 585.82
800847261 55,000.00 55,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 52.8 8.850 552.95
800849382 22,500.00 22,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 83.7 9.525 235.29
800850315 208,000.00 208,000.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 79.8 8.750 1,636.34
800850489 216,708.00 216,708.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 79.9 12.150 2,621.81
800850505 54,000.00 54,000.00 09/01/98 08/01/28 361.12 08/01/98 09/01/98 79.9 10.225 482.89
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 7 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-05 23603 800851016 BELL LEON 1304 SPRINGDALE STREET CLEARWATER FL 33755
236-05 23603 800852360 LENTZ ROBERT 145 GOOSEBERRY DRIVE MASTIC BEACH NY 11951
236-05 23603 800852691 BRINGMAN GALE E 423 47TH STREET NORTHWEST BRADENTON FL 34209
236-05 23603 800853699 GARCIA TELLE MARIO 505 EAST ESTHER STREET ORLANDO FL 32806
236-05 23603 800853749 SMITH ROGER N. 6301 NORTH OAKFEILD POINT DUNNELLON FL 34433
236-05 23603 800853806 MCALISTER TERRY J 6525 SE 92ND AVENUE PORTLAND OR 97266
236-05 23603 800853939 ABBOTT RICHARD D 9948 SOUTH COTTONCREEK DRI LITTLETON CO 80126
236-05 23603 800854275 HALE GLENN P 4713 WORTHINGTON LANE RALEIGH NC 27604
236-05 23603 800854804 MCKINNEY-BUR CAROLYN A 104 RANDOLPH STREET BECKLEY WV 25801
236-05 23603 800855611 NASH CHEVONNE 518 LARCHWOOD AVENUE UPPER DARBY PA 19082
236-05 23603 800855694 LAVERTY TODD J. 5825 LAGUNA SECA WAY SAN JOSE CA 95123
236-05 23603 800855975 GARRETT ALONZENA NOBLE 424 BARNWELL STREET COLUMBIA SC 29205
236-05 23603 800856551 AYALA JESUS JR 12978 NIMITZ HOUSTON TX 77015
236-05 23603 800857633 BELL LEON 1116 CARLTON STREET CLEARWATER FL 33755
236-05 23603 800857831 HIRMIZ MUFID 674 W ROBINWOOD DETROIT MI 48203
236-05 23603 800858151 GREEN ARTHUR L 2318 S ITHAN STREET PHILADELPHIA PA 19143
236-05 23603 800858557 WOODS STEPHANIE S 821 HURON DAYTON OH 45407
236-05 23603 800858573 DOYLE LEE 2604 LIMEWOOD DRIVE HOLIDAY FL 34690
236-05 23603 800858821 GIAMBANCO GIUSEPPE 230 HOLLY DRIVE CHALFONT PA 18914
236-05 23603 800859027 RODRIGUEZ JUAN S 350 CORNELIA STREET BROOKLYN NY 11237
236-05 23603 800859191 LUKE JAMES 609 MORGAN ROAD WINTER HAVEN FL 33880
236-05 23603 800859266 DICKSON HAROLD A 4 DERBY STREET EAST ORANGE NJ 7019
236-05 23603 800859738 GROSS JAMES DEWITT 8121 HYDE PARK DRIVE FRISCO TX 75035
236-05 23603 800859845 TURNER KIM 14680 ABINGTON AVE DETROIT MI 48227
236-05 23603 800859993 MARSON JOHN G 2202 GLENWOOD DRIVE TAMPA FL 33602
236-05 23603 800860454 WATSON DALELENE J 960 SOUTH 4TH STREET NOBLESVILLE IN 46060
236-05 23603 800860686 CLEMENTE JOSE ARIEL G. 3935 EDENWOOD DRIVE SAN JOSE CA 95121
236-05 23603 800860827 JENSEN MICHAEL NYHOLM 4821 WEST EL CORTEZ PLACE GLENDALE AZ 85310
236-05 23603 800861874 VANN MAUDIE 2291 SOUTH HUNT POINT CRYSTAL RIVER FL 34429
236-05 23603 800861957 VARGAS FELIX 59 SPRINGFIELD STREET LAWRENCE MA 1843
236-05 23603 800862443 ENNIS CORNELIUS A 14405 PEDDICORD ROAD MT AIRY MD 21771
236-05 23603 800862773 AYALA GRACIA 888 CREE LANE RIO RICO AZ 85648
236-05 23603 800863003 JOHNSON SUSAN L 1066 EAST WEBSTER DRIVE SANDY UT 84094
236-05 23603 800863284 BOYETTE ROXANNE 74 SHADY LANE COURT LITHONIA GA 30058
236-05 23603 800863441 TORRACO JULIA 14009 NEWCASTLE AVENUE SPRING HILL FL 34609
236-05 23603 800863847 SHORTELL RUTH A 1862 MAJOR STREET BETHLEHEM PA 18017
236-05 23603 800864423 HARLEY JANE M 907 PARK STREET MCKEESPORT PA 15132
236-05 23603 800864563 FLEMING MARK 242-8 GURLY AVENUE MARION OH 43302
236-05 23603 800864647 DENUCCI KAREN 3109 BOWMAN AVENUE BRISTOL PA 19007
236-05 23603 800864670 SORG JAMES 3356 GREEN ACRE WAY SEBRING FL 33870
236-05 23603 800864746 KLEINER MARTHA ANN 250 MIRAMAR STREET FORT MYERS BEACH FL 33931
236-05 23603 800864977 CARO ARGENTINA 401 CIRCLE AVE TAKOMA PARK MD 20912
236-05 23603 800867103 DUNN JOHN P 1097 CHARTLEY DRIVE LILBURN GA 30047
236-05 23603 800867285 STERN DONALD J 2216 NORTH ROYER COLORADO SPRINGS CO 80907
236-05 23603 800867939 DICKUN MICHAEL S 771 LOUGEAY ROAD PITTSBURGH PA 15235
236-05 23603 800868432 HARDY DENNIS L 1719 BURRELL STREET NW ROANOKE VA 24012
236-05 23603 800868465 LUTZ, RALPH LEE 2296 SOUTH BRUSHWOOD CIRCL NEWTON NC 28658
236-05 23603 800868754 ARDISSONE SANDRA L. 733 HATHAWAY COURT SAN JOSE CA 95136
236-05 23603 800868796 JOSEPH MITCH I 16501 LONGLEAT DRIVE LUTZ FL 33549
236-05 23603 800868804 NELSON LELAND M 459 EAST 800 NORTH OREM UT 84097
236-05 23603 800869117 ROSZKO RICHARD GEORGE 10209 BUSHVELD LANE RALEIGH NC 27613
236-05 23603 800869448 MCGARRY JOANNE M 13 HORN BEAM WAY HAMBURG NJ 7419
236-05 23603 800870537 ARMSTRONG DAVE E. 30612 4TH PLACE SOUTH FEDERAL WAY WA 98003
236-05 23603 800871220 KEARNS SYLVIA R 116 RAMSEY SCHOOL ROAD CATSKILL NY 12414
236-05 23603 800872343 STRONG EVELYN 530 EAST 80TH STREET BROOKLYN NY 11236
236-05 23603 800872368 GULINO DOROTHY J 1489 CAIRN COURT PALM HARBOR FL 34683
236-05 23603 800873283 OAKES FRANCIS A 2072 LAGUNA WAY NAPLES FL 34109
236-05 23603 800874125 JAMES DONALD E 221 SHERRY AVENUE WINTER SPRINGS FL 32708
236-05 23603 800874653 LEIVAS ALMA J. 18845 & 18855 LYNWOOD STRE BLOOMINGTON CA 92316
236-05 23603 800875163 FLEMING MARK 2166 CENTURY DRIVE COLUMBUS OH 43211
236-05 23603 800875403 PARDO RICARDO 2322 FAIRVIEW TERRACE ALEXANDRIA VA 22303
236-05 23603 800875502 HALL ELIZABETH E 5507 MISSOURI AVENUE JACKSONVILLE FL 32254
236-05 23603 800875726 HART CHARLES 803 TREVARTHON ROAD ORLANDO FL 32817
236-05 23603 800875981 HARRIS WILLIAM 16820 LIBERTY AVENUE JAMAICA NY 11433
236-05 23603 800876104 PALMA ROSE D 1162 EAGLE RIDGE WAY MILPITAS CA 95035
236-05 23603 800876294 WILLIAMS JOHN E. 574 CYPRESS AVENUE AKRON OH 44301
236-05 23603 800876740 ADAMS TIMOTHY 409 CENTER STREET STARKE FL 32091
236-05 23603 800877177 MCDANIEL SHIRLEY T 2633 BRIDGEVIEW STREET MATLACHA FL 33993
236-05 23603 800877276 SONNYCALF ROBERT M 5266 MILL CREEK CIRCLE INDEPENDENCE KY 41051
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800851016 37,500.00 37,500.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 75.0 9.600 393.85
800852360 54,250.00 54,250.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 70.0 11.200 524.85
800852691 108,000.00 108,000.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 78.8 9.150 880.67
800853699 23,000.00 23,000.00 07/22/98 06/22/13 179.80 06/22/98 07/22/98 74.4 10.600 255.67
800853749 32,700.00 32,700.00 07/22/98 06/22/18 239.80 06/22/98 07/22/98 66.7 14.600 420.96
800853806 34,876.00 34,876.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.9 11.850 415.21
800853939 40,000.00 40,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 79.6 8.650 397.42
800854275 106,250.00 106,250.00 06/28/98 05/28/13 178.98 05/28/98 06/28/98 85.0 10.500 971.91
800854804 43,350.00 43,350.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 85.0 8.500 333.32
800855611 67,500.00 67,500.00 07/17/98 06/17/28 359.64 06/17/98 07/17/98 90.0 10.900 637.72
800855694 20,000.00 20,000.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 82.2 11.475 197.68
800855975 113,200.00 113,200.00 07/17/98 06/17/28 359.64 06/17/98 07/17/98 76.4 13.100 1,261.07
800856551 33,750.00 33,750.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 88.8 10.900 318.86
800857633 30,750.00 30,750.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 75.0 9.600 322.96
800857831 17,900.00 17,900.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 85.2 9.650 188.54
800858151 21,375.00 21,322.43 04/03/98 03/03/18 236.15 06/03/98 07/03/98 75.0 10.500 213.40
800858557 41,600.00 41,600.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 80.0 11.200 402.47
800858573 20,000.00 20,000.00 07/19/98 06/19/13 179.70 06/19/98 07/19/98 46.5 11.100 191.98
800858821 33,500.00 33,500.00 07/15/98 06/15/18 239.57 06/15/98 07/15/98 82.6 11.850 365.37
800859027 126,700.00 126,700.00 06/13/98 05/13/13 178.49 06/13/98 07/13/98 70.0 11.900 1,293.51
800859191 38,400.00 38,242.12 06/22/98 05/22/13 178.78 06/22/98 07/22/98 80.0 11.990 460.62
800859266 75,000.00 75,000.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 75.0 11.450 739.86
800859738 94,050.00 93,845.63 07/01/98 06/01/28 359.11 07/01/98 08/01/98 90.0 9.650 801.14
800859845 95,200.00 95,148.40 07/27/98 06/27/28 359.97 08/27/98 09/27/98 74.9 11.850 968.27
800859993 51,000.00 51,000.00 07/10/98 06/10/13 179.41 06/10/98 07/10/98 75.0 9.850 441.92
800860454 67,000.00 67,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 72.8 10.850 630.47
800860686 38,000.00 38,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 90.0 10.525 420.64
800860827 60,500.00 60,500.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 90.0 10.950 573.88
800861874 52,500.00 52,500.00 07/08/98 06/08/28 359.34 06/08/98 07/08/98 70.0 9.600 445.28
800861957 64,000.00 64,000.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 80.0 9.000 514.96
800862443 128,000.00 127,431.30 07/01/98 06/01/13 179.11 07/01/98 08/01/98 80.0 10.100 1,383.34
800862773 10,825.00 10,825.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 79.9 13.100 137.68
800863003 13,200.00 13,200.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.9 11.850 134.25
800863284 40,125.00 40,125.00 07/15/98 06/15/18 239.57 06/15/98 07/15/98 75.0 10.650 404.65
800863441 89,000.00 89,000.00 07/03/98 06/03/28 359.18 06/03/98 07/03/98 68.1 9.350 738.64
800863847 65,500.00 65,500.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 79.8 9.650 557.94
800864423 37,400.00 37,400.00 07/08/98 06/08/28 359.34 06/08/98 07/08/98 85.0 11.250 363.25
800864563 61,500.00 61,500.00 07/11/98 06/11/28 359.44 06/11/98 07/11/98 75.0 11.350 602.00
800864647 95,000.00 95,000.00 07/16/98 06/16/28 359.61 06/16/98 07/16/98 51.3 12.590 1,020.53
800864670 18,650.00 18,650.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 74.9 10.150 202.13
800864746 74,750.00 74,750.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 65.0 12.590 803.00
800864977 100,000.00 100,000.00 07/11/98 06/11/13 179.44 06/11/98 07/11/98 68.9 7.750 716.41
800867103 18,800.00 18,800.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 83.5 10.650 209.57
800867285 55,000.00 55,000.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 57.2 10.150 488.77
800867939 117,000.00 117,000.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 87.9 9.650 996.63
800868432 40,800.00 40,800.00 07/09/98 06/09/18 239.38 06/09/98 07/09/98 85.0 11.500 435.10
800868465 63,000.00 63,000.00 07/17/98 06/17/18 239.64 06/17/98 07/17/98 90.0 11.400 667.51
800868754 32,000.00 32,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 85.0 11.475 373.31
800868796 145,800.00 145,800.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 90.0 10.150 1,295.69
800868804 11,500.00 11,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.9 11.150 110.82
800869117 88,454.00 88,454.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 90.0 10.025 777.88
800869448 143,431.00 143,118.24 06/19/98 05/19/13 178.68 06/19/98 07/19/98 90.0 9.750 1,232.29
800870537 44,911.00 44,911.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 83.9 11.225 516.82
800871220 40,000.00 40,000.00 07/11/98 06/11/13 179.44 06/11/98 07/11/98 51.9 10.850 450.88
800872343 227,700.00 227,700.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 90.0 10.250 2,040.42
800872368 67,000.00 67,000.00 07/05/98 06/05/28 359.24 06/05/98 07/05/98 72.8 8.750 527.09
800873283 240,000.00 240,000.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 74.5 11.100 2,303.73
800874125 42,000.00 42,000.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 74.3 11.350 411.12
800874653 52,000.00 52,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 57.7 10.725 484.43
800875163 48,700.00 48,700.00 07/11/98 06/11/28 359.44 06/11/98 07/11/98 74.9 11.350 476.71
800875403 51,200.00 51,200.00 07/02/98 06/02/28 359.15 06/02/98 07/02/98 80.0 10.250 458.80
800875502 18,275.00 18,275.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 53.7 10.100 161.73
800875726 41,500.00 41,500.00 07/15/98 06/15/18 239.57 06/15/98 07/15/98 55.3 10.950 426.95
800875981 120,700.00 120,700.00 07/04/98 06/04/28 359.21 06/04/98 07/04/98 85.0 9.900 1,050.32
800876104 76,410.00 76,410.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.8 11.225 879.30
800876294 54,750.00 54,750.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 75.0 11.600 546.37
800876740 24,375.00 24,375.00 07/08/98 06/08/13 179.34 06/08/98 07/08/98 75.0 10.250 265.68
800877177 136,000.00 136,000.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 80.0 12.600 1,462.03
800877276 63,500.00 63,500.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 89.8 11.200 664.10
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 8 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-05 23603 800877292 WARREN JANIS M. 3322 NORTHWEST 44TH PLACE GAINESVILLE FL 32605
236-05 23603 800877623 EVANS LOURN B 205 CHAINSAW ROAD DILLSBURG PA 17019
236-05 23603 800878530 GLOVER WELDON RR 1 BOX 59 BB WADE NC 28395
236-05 23603 800878571 OLUMUYIWA AW OLUSOJI 614 15TH STREET N.E. WASHINGTON DC 20002
236-05 23603 800878654 COOLIDGE ERNEST 1 UPPER CROTON AVENUE OSSINING NY 10562
236-05 23603 800878852 HOLMES MCKEN BETTY JEAN 2737 NORTHWEST 4TH STREET POMPANO BEACH FL 33069
236-05 23603 800879371 HEDING RANDY 4423 CARLYLE ROAD TAMPA FL 33615
236-05 23603 800880148 BELL ROBERT W. 9897 83RD WAY NORTH LARGO FL 33777
236-05 23603 800881559 SENESE MARIANNE I 9L ROUTE LAKE STREET LAKE GEORGE NY 12845
236-05 23603 800881674 MULLANEY JEFFREY 3702 EAST PRATT STREET BALTIMORE MD 21224
236-05 23603 800882201 MORALES JOSE H. 1421 SOUTHEAST 36TH STREET CAPE CORAL FL 33904
236-05 23603 800882326 FLEMING MARK 134-6 NORTH VINE STREET MARION OH 43302
236-05 23603 800882672 POSTEL HAIG P. 13933 94TH AVENUE NORTH SEMINOLE FL 33776
236-05 23603 800883068 THORNTON SADIE M 1450 HOLIDAY STREET SOUTHW ARCADIA FL 34266
236-05 23603 800883308 KEAN FOREST E 95 NANCY DRIVE CLOVERDALE IN 46120
236-05 23603 800883654 ANDREWS BARRY 3700 WHITNEY WAY UNITS 1,2 EVANS CO 80620
236-05 23603 800884942 COOPER ANTHONY 1421 PINE FOREST DRIVE DARLINGTON SC 29532
236-05 23603 800885311 RENSHAW MARK MALLORY 4715 AUTRY AVE LONG BEACH CA 90808
236-05 23603 800886483 JACKSON GINA M 817 LAFAYETTE LANE LAKELAND FL 33805
236-05 23603 800886608 SNARE CLAYTON 9233 BONNINGTON DRIVE NEW PORT RICHEY FL 34655
236-05 23603 800886863 NGUYEN CAU M 2603 CLAYBORN COURT ARLINGTON TX 76014
236-05 23603 800887879 BOLEN STEVEN G 970 MAHALEY ROAD SALISBURY NC 28146
236-05 23603 800888133 BARTON DARRIN D 2885 LONGLEAF LANE PALM HARBOR FL 34684
236-05 23603 800888349 FISHER DAVID A 722 CONOWINGO ROAD QUARRYVILLE PA 17566
236-05 23603 800888406 BRENNER EUGENE 9306 HERITAGE OAK COURT TAMPA FL 33647
236-05 23603 800888489 BOMERSHEIM JOSEPH W RR 1 BOX 1075 NICHOLSON PA 18446
236-05 23603 800890139 WILLIAMS KENNETH R. 8406 SOUTHEAST 42ND STREET MERCER ISLAND WA 98040
236-05 23603 800890550 WELCH MARIO E 1269 BOULEVARD DRIVE ATLANTA GA 30317
236-05 23603 800891442 SCRUGGS CRAIG A. 7360 WOODLAND DR BROWNSBURG IN 46112
236-05 23603 800892127 RYERSON FRED B. 198 KEATING DRIVE LARGO FL 33770
236-05 23603 800892234 HARVIN KEITH 1777- 1779 21ST STREET SARASOTA FL 34234
236-05 23603 800892556 ONWUASOANYA OLUCHI 14 SQUANTO STREET PROVIDENCE RI 2908
236-05 23603 800893109 LINGNER JOSEPH 2917 HEATHER AVENUE MEDFORD NY 11763
236-05 23603 800893372 JOHNSON DIANE L 171 SEABREEZE LOOP SE OCEAN SHORES WA 98569
236-05 23603 800893448 MCDERMOTT JOHN A 210 BELSAR LANE ELIZABETH PA 15037
236-05 23603 800893935 HEARD KIM C 162 FOREST AVENUE BROCKTON MA 2402
236-05 23603 800894107 EREKSON ROGER A. 1380 SOUTH HERCULES AVEUNE CLEARWATER FL 33764
236-05 23603 800894156 UKAEGBU ULUMMA P 4616 5TH STREET NW WASHINGTON DC 20011
236-05 23603 800894719 DIXON VALERIE 277 BURBANK DRIVE ATLANTA GA 30314
236-05 23603 800894966 LANCASTER DONALD E 14819 SHAW ROAD TAMPA FL 33625
236-05 23603 800895476 SUAREZ KIMBERLI 7818 WOODLYNNE AVENUE TAMPA FL 33614
236-05 23603 800895807 HUFF MARLOWE 127 ORMOND STREET ATLANTA GA 30315
236-05 23603 800896169 NGUYEN PHUC 3129 SUMMERFIELD LANE GRAND PRAIRIE TX 75052
236-05 23603 800896367 LAKUNLE LEWIS 38 Q STEET NE WASHINGTON DC 20002
236-05 23603 800897423 MCNEILL BRUCE C 2898 WEST 3471 SOUTH HEBER CITY UT 84032
236-05 23603 800897555 RAKER STACEY L 3203 OAK STREET READING PA 19605
236-05 23603 800897613 SIMMONS MURIEL 333 NORTHWEST 104TH TERRAC MIAMI FL 33150
236-05 23603 800897670 BAXTER DAVID W 556 NORTH WYOMING STREET HAZLETON PA 18201
236-05 23603 800897746 FELICIANO DOLORES 2527 WENDELL STREET PROVIDENCE RI 2907
236-05 23603 800898199 CAPUTO KATHLEEN 10365 6TH STREET NORTH NAPLES FL 34108
236-05 23603 800898439 TARRANCE TONY 12310 FOREST AVENUE CLEVELAND OH 44120
236-05 23603 800898868 MC CLOSKY THOMAS O 20907 42ND AVENUE SE BOTHELL WA 98021
236-05 23603 800898991 JACKSON MICHELLE L. 2585 EAST HARLEY STREET INVERNESS FL 34453
236-05 23603 800899601 GRANT ROBERT L. 2348 SEGWUN LOWELL MI 49331
236-05 23603 800900581 PIZZI RUTH M. 1023 BROADWAY AVENUE LEHIGH ACRES FL 33972
236-05 23603 800901175 MELAISIS POLYCARPOS D. 1010 5TH STREET WIMAUMA FL 33598
236-05 23603 800901647 MANDEL WILLIAM 4014 36TH AVENUE NORTH ST PETERSBURG FL 33713
236-05 23603 800902108 SYDNOR CHARLEY 6425 WALTON WAY TAMPA FL 33610
236-05 23603 800902116 CRAIG DAVID W. 5298 EAST RAYMOND INDPLS IN 46203
236-05 23603 800902223 CRAVEN J. SCOTT 3663 ODELL SCHOOL ROAD CONCORD NC 28027
236-05 23603 800902405 BROWN JAMES E SR 3652 3654 LOCUST STREET DENVER CO 80207
236-05 23603 800903874 LACHANCE GERARD D 776 PLEASANT STREET PAXTON MA 1612
236-05 23603 800903965 SNYDER NORMA E 2531 APPEL STREET ALLENTOWN PA 18103
236-05 23603 800904310 FRESQUEZ DELMO J 4120 SHAW BLVD WESTMINSTER CO 80030
236-05 23603 800904336 MITCHELL GLENN E 47 BRANDON AVENUE AMITYVILLE NY 11701
236-05 23603 800905952 VAN ZANT ROY T 2005 HICKORY FT LUPTON CO 80621
236-05 23603 800907073 BERRIOS ANGEL M 6 O'DELL STREET NEWBURGH NY 12550
236-05 23603 800907107 TATE CLAUDIA 14 EAST PINE STREET GLOVERSVILLE NY 12078
236-05 23603 800908006 SMITH WYNTER JOAN M 109 JAYSIDE LANE LEHIGH ACRES FL 33936
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800877292 62,400.00 62,178.57 07/05/98 06/05/28 359.24 07/05/98 08/05/98 80.0 9.900 543.00
800877623 167,450.00 167,450.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 85.0 11.500 1,658.24
800878530 46,500.00 46,500.00 07/19/98 06/19/13 179.70 06/19/98 07/19/98 88.5 9.900 496.85
800878571 112,500.00 112,500.00 07/05/98 06/05/28 359.24 06/05/98 07/05/98 90.0 11.150 1,084.13
800878654 97,000.00 97,000.00 07/03/98 06/03/13 179.18 06/03/98 07/03/98 64.6 11.500 960.58
800878852 20,000.00 20,000.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 44.4 12.840 250.95
800879371 64,000.00 64,000.00 07/19/98 06/19/28 359.70 06/19/98 07/19/98 80.0 12.850 700.47
800880148 19,700.00 19,700.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 84.9 12.600 244.09
800881559 60,000.00 60,000.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 75.9 14.150 718.05
800881674 48,800.00 48,800.00 07/02/98 06/02/28 359.15 06/02/98 07/02/98 80.0 10.400 442.75
800882201 72,000.00 72,000.00 07/12/98 06/12/18 239.47 06/12/98 07/12/98 80.0 9.850 687.68
800882326 44,200.00 44,200.00 07/11/98 06/11/28 359.44 06/11/98 07/11/98 74.9 11.350 432.66
800882672 10,000.00 10,000.00 07/17/98 06/17/18 239.64 06/17/98 07/17/98 85.9 11.750 108.37
800883068 45,000.00 45,000.00 07/22/98 06/22/13 179.80 06/22/98 07/22/98 90.0 9.900 391.59
800883308 31,500.00 31,500.00 07/03/98 06/03/28 359.18 06/03/98 07/03/98 75.0 10.650 291.68
800883654 321,300.00 321,300.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 85.0 11.600 3,206.34
800884942 32,250.00 32,250.00 07/10/98 06/10/13 179.41 06/10/98 07/10/98 75.0 11.650 379.82
800885311 35,000.00 35,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.9 11.225 339.28
800886483 19,350.00 19,350.00 07/01/98 06/01/18 239.11 06/01/98 07/01/98 90.0 10.400 191.89
800886608 33,000.00 33,000.00 07/08/98 06/08/28 359.34 06/08/98 07/08/98 20.9 8.250 247.92
800886863 65,700.00 65,700.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 90.0 10.500 726.25
800887879 40,800.00 40,800.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 80.0 10.750 457.35
800888133 18,000.00 18,000.00 07/17/98 06/17/13 179.64 06/17/98 07/17/98 79.8 11.950 215.45
800888349 137,250.00 137,250.00 07/02/98 06/02/28 359.15 06/02/98 07/02/98 79.9 9.400 1,144.07
800888406 120,750.00 120,750.00 07/05/98 06/05/13 179.24 06/05/98 07/05/98 75.0 10.600 1,113.58
800888489 90,000.00 90,000.00 07/16/98 06/16/18 239.61 06/16/98 07/16/98 69.7 10.490 897.94
800890139 62,000.00 62,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 80.0 13.225 696.76
800890550 72,000.00 72,000.00 07/04/98 06/04/28 359.21 06/04/98 07/04/98 90.0 10.750 672.11
800891442 136,000.00 136,000.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 80.0 8.250 1,319.39
800892127 27,000.00 26,895.93 07/08/98 06/08/28 359.34 07/08/98 08/08/98 31.0 9.000 217.25
800892234 28,800.00 28,800.00 07/03/98 06/03/18 239.18 06/03/98 07/03/98 80.0 10.400 285.60
800892556 81,000.00 81,000.00 07/09/98 06/09/13 179.38 06/09/98 07/09/98 90.0 10.900 765.27
800893109 85,500.00 85,500.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 90.0 10.900 807.78
800893372 23,500.00 23,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.6 11.025 224.24
800893448 21,600.00 21,600.00 07/19/98 06/19/13 179.70 06/19/98 07/19/98 84.7 12.850 271.16
800893935 87,900.00 87,884.89 06/01/98 05/01/28 358.09 06/01/98 07/01/98 79.9 14.250 1,058.92
800894107 108,900.00 108,900.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 90.0 9.900 947.64
800894156 117,000.00 117,000.00 07/09/98 06/09/28 359.38 06/09/98 07/09/98 90.0 10.400 1,061.51
800894719 59,200.00 59,200.00 07/09/98 06/09/28 359.38 06/09/98 07/09/98 80.0 9.250 487.02
800894966 35,000.00 35,000.00 07/19/98 06/19/13 179.70 06/19/98 07/19/98 77.2 10.500 386.89
800895476 62,900.00 62,900.00 07/05/98 06/05/28 359.24 06/05/98 07/05/98 89.9 10.150 558.98
800895807 148,500.00 148,500.00 07/16/98 06/16/28 359.61 06/16/98 07/16/98 90.0 11.150 1,431.06
800896169 90,000.00 90,000.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 90.0 10.500 823.27
800896367 111,350.00 111,350.00 07/05/98 06/05/28 359.24 06/05/98 07/05/98 85.6 12.600 1,197.04
800897423 30,000.00 30,000.00 08/01/98 07/01/18 240.10 07/01/98 08/01/98 83.1 11.750 325.11
800897555 97,000.00 97,000.00 07/19/98 06/19/28 359.70 06/19/98 07/19/98 88.1 10.750 905.48
800897613 45,500.00 45,500.00 07/19/98 06/19/28 359.70 06/19/98 07/19/98 65.0 13.090 506.52
800897670 22,310.00 22,310.00 07/19/98 06/19/13 179.70 06/19/98 07/19/98 90.0 10.900 252.18
800897746 76,500.00 76,500.00 07/12/98 06/12/13 179.47 06/12/98 07/12/98 90.0 10.850 719.87
800898199 120,000.00 120,000.00 07/16/98 06/16/13 179.61 06/16/98 07/16/98 80.0 8.650 935.48
800898439 51,200.00 51,200.00 07/10/98 06/10/28 359.41 06/10/98 07/10/98 80.0 13.350 580.41
800898868 42,480.00 42,480.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.9 11.225 411.79
800898991 33,915.00 33,915.00 07/19/98 06/19/18 239.70 06/19/98 07/19/98 30.6 9.950 326.16
800899601 83,900.00 83,900.00 07/15/98 06/15/28 359.57 06/15/98 07/15/98 69.9 8.750 660.04
800900581 60,000.00 60,000.00 07/19/98 06/19/28 359.70 06/19/98 07/19/98 78.9 12.100 621.79
800901175 34,000.00 34,000.00 07/22/98 06/22/18 239.80 06/22/98 07/22/98 80.0 12.350 382.70
800901647 54,000.00 54,000.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 80.0 10.850 508.14
800902108 72,650.00 72,650.00 07/19/98 06/19/18 239.70 06/19/98 07/19/98 62.0 9.000 653.65
800902116 81,000.00 81,000.00 07/19/98 06/19/28 359.70 06/19/98 07/19/98 90.0 10.900 765.27
800902223 30,000.00 30,000.00 07/22/98 06/22/13 179.80 06/22/98 07/22/98 79.6 11.500 297.09
800902405 115,200.00 115,200.00 08/01/98 07/01/28 360.10 07/01/98 08/01/98 90.0 8.150 857.37
800903874 137,000.00 136,849.46 05/01/98 04/01/28 357.11 06/01/98 07/01/98 69.5 8.990 1,101.35
800903965 83,250.00 83,250.00 07/22/98 06/22/18 239.80 06/22/98 07/22/98 90.0 10.150 811.67
800904310 20,300.00 20,300.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.7 10.650 226.29
800904336 74,800.00 74,800.00 07/10/98 06/10/13 179.41 06/10/98 07/10/98 80.0 9.500 628.96
800905952 16,000.00 16,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 79.8 10.500 176.86
800907073 50,000.00 50,000.00 07/01/98 06/01/13 179.11 06/01/98 07/01/98 56.1 10.900 472.39
800907107 20,400.00 20,400.00 07/01/98 06/01/28 359.11 06/01/98 07/01/98 85.0 12.300 214.56
800908006 16,500.00 16,500.00 07/15/98 06/15/13 179.57 06/15/98 07/15/98 84.9 12.900 207.68
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 9 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-05 23603 800908634 UGAS ALBERT 6520 187TH AVENUE E BONNEY LAKE WA 98390
236-05 23603 800909038 WHEELER VERNON GLENN 28 WOODBRIDGE DRIVE COLORADO SPRINGS CO 80906
236-05 23603 800918203 ALBALADEJO JOVITA 516 SPRING STREET BETHLEHEM PA 18018
236-05 23603 800920274 THRANUM DAVID PAUL 1614 EAST GLADE AVENUE MESA AZ 85204
-----------------------------------------
247 Sale Total
236-56 SB131DD 661515122 WESTON JEFFERY D 328 STEWART AVENUE SW MASSILLON OH 44646
236-56 SB131DD 661539916 BARTZ FRANK C 3910 EAST LAKEVIEW TRAIL LEESBURG IN 46538
236-56 SB131DD 661608810 MORGAN WILLIAM G 700 N JOHNSON RD MOORESVILLE IN 46158
236-56 23656 5700000895 SHOEMAKER KATHLEEN MARIE 12565 EAST 31ST AVENUE AURORA CO 80011
-----------------------------------------
4 Sale Total
236-57 23657 800663148 BULLOCK THOMAS JAMES 318 EAST VANCE STREET FUQUAY VARINA NC 27526
236-57 23657 800749699 COLLINS MELVIN 650 NECTAR STREET RENO NV 89506
236-57 23657 800770778 REEDER THOMAS P 1495 SPRING CREEK ROAD LEBANON TN 37087
236-57 23657 800781130 SOBCZAK MARY H 8745 BROWNSFORD COVE CORDOVA TN 38018
236-57 23657 800784860 SMITH GAYLA J 1680 PIPER CIRCLE SE ATLANTA GA 30316
236-57 23657 800791576 CASEY WILLIAM D. 2230 VALLEY GROVE DRIVE MURFREESBORO TN 37128
236-57 23657 800814089 FREEDMAN, JAMES W. 107 VALLEY RIDGE ROAD FRANKLIN TN 37064
236-57 23657 800817660 RETAMOZO GAIL 304 BEVERLY BOULEVARD BRANDON FL 33511
236-57 23657 800834152 LOWE PATRICIA F 3089 WESTINGHOUSE ROAD RURAL HALL NC 27045
236-57 23657 800885980 ALLEN GREGORY M 4285 SOUTH CAROLINA DRIVE HARRISBURG PA 17112
-----------------------------------------
10 Sale Total
236-58 23655 800862914 HOLMES STEWART D 1825 DELL ROAD LANSING MI 48911
236-58 23655 800885428 YOUMANS PATRICIA ANN 2110 EAST 12TH AVENUE POST FALLS ID 83854
236-58 23655 800889016 PFEIFER ROBERT L 10435 NE BEECH STREET PORTLAND OR 97220
236-58 23655 800913584 TATE STANLEY EDWARD 1407 5TH STREET NW NEW PHILADELPHIA OH 44663
236-58 23655 800915613 KUSTER JANIS P 4519 FLAJOLE ROAD MIDLAND MI 48642
236-58 23655 800916678 WOODRUFF GEFORY S 2015 ALICE LANE EAST WENATCHEE WA 98802
236-58 23655 5100016764 WILHELMS DONALD M 20 E SPENCER GLEN DRIVE SHELTON WA 98584
236-58 23655 5100016871 PUCKO JEFFREY K 30 CLAREMONT ROAD PEMBROKE MA 2359
236-58 23655 5100016962 JACKSON RONALD ALLEN 1607 NW 47TH STREET LAWTON OK 73505
236-58 23655 5100016970 BELL MARY E 310 8TH STREET BROOKINGS SD 57006
236-58 23655 5100016996 PATTERSON GARY 111 GIBSON STREET DRUMRIGHT OK 74030
236-58 23655 5100017002 MACK ERNEST S 7930 BITTERN COURT SE OLYMPIA WA 98513
236-58 23655 5100017036 HYSON RAYMOND E 530 SEEKELL STREET EAST TAUNTON MA 2718
236-58 23655 5100017044 BIERMAN GLENN 39 RAVENWOOD DRIVE WESTON CT 6883
236-58 23655 5100017051 PATTERSON NEIL L 3146 HALLGREN DRIVE CLARKSTON WA 99403
236-58 23655 5100017069 UMBAUGH PAUL E 1523 N CRESTLINE STREET SPOKANE WA 99207
236-58 23655 5100017077 WUTZKE BENNY I 1106 SUNSET PLACE SUNNYSIDE WA 98944
236-58 23655 5100017085 GIFFORD MICHAEL D 7171 SOUTHDALE AVENUE BOISE ID 83709
236-58 23655 5100017101 DEMARIS JAMES B 8050 PARKRIDGE DRIVE SE OLYMPIA WA 98501
236-58 23655 5100017127 SCHLUETER THOMAS F 105 N 1ST AVENUE CROOKS SD 57020
236-58 23655 5100017135 ZAMBERLIN STEVEN W 5411 46TH AVE NW GIG HARBOR WA 98335
236-58 23655 5100017150 SZYMANSKI MAREK 10434 NORTHEAST 116TH ST KIRKLAND WA 98034
236-58 23655 5100017176 PULITO ALAN D 74 PILGRIM ROAD HOLLISTON MA 1746
236-58 23655 5100017184 WENGER DAVID K 3804 110TH PLACE NE BELLEVUE WA 98004
236-58 23655 5100017192 BICKEL JOHN A 78 BROWNS LANE FAIRFIELD CT 6430
236-58 23655 5100017200 LOCKARD MARIE F 276 NELSON STREET SPARTA MI 49345
236-58 23655 5100017218 CORPUS RICARTE D 6718 SOUTH 112TH PLACE SEATTLE WA 98178
236-58 23655 5100017226 EASTMAN RICHARD A 1702 N GREENACRES RD GREENACRES WA 99016
236-58 23655 5100017234 BONACKER JEFFREY J 1300 N GARFIELD AVENUE SIOUX FALLS SD 57104
236-58 23655 5100017242 ELANDER MILO FRED 11510 ZIER RD YAKIMA WA 98908
236-58 23655 5100017259 CAMPBELL ROGER E 12803 145TH STREET EAST PUYALLUP WA 98374
236-58 23655 5100017267 SHRIVER JAMES H 20034 471ST AVENUE BROOKINGS SD 57002
236-58 23655 5100017291 ROBBINS JASON 928 NW 29TH STREET CORVALLIS OR 97330
236-58 23655 5100017309 BITTON LLOYD K 787 RANDOLPH AVE POCATELLO ID 83201
236-58 23655 5100017317 BOTTOMLY MARK R 21919 NE 224TH STREET BATTLE GROUND WA 98604
236-58 23655 5100017325 PARKINSON EDWARD H 58852 HIGHWAY 120 BENTON CA 93512
236-58 23655 5100017358 KELLEY JAMES C 16810 SW TALLAC WAY BEAVERTON OR 97007
236-58 23655 5100017366 PARISEAU GERALD N 1318 6TH AVENUE NORTH GRAND FORKS ND 58203
236-58 23655 5100017374 KANICK DAVID C 1309 E 69TH STREET TACOMA WA 98404
236-58 23655 5100017382 CREGER KIRK PATRICK 3410 WHEELER HIGHWAY CLAYTON MI 49235
236-58 23655 5100017390 MERCHANT FREDERIC R 2012 SE HEMLOCK AVENUE PORTLAND OR 97214
236-58 23655 5100017408 RODEBERG GREGORY L 6732 NORTH PARKSIDE LANE TACOMA WA 98407
236-58 23655 5100017416 BURROWS DEAN I 8235 S LINDER ROAD MERIDIAN ID 83642
236-58 23655 5100017424 MCCREERY DENNIS D 9514 NORTH KELLOGG STREET PORTLAND OR 97203
236-58 23655 5100017432 SWALE EDWARD C 23110 50TH PLACE WEST MOUNTLAKE TERRACE WA 98043
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800908634 45,300.00 45,300.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 84.9 11.850 539.31
800909038 17,500.00 17,500.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 85.0 11.850 208.34
800918203 37,500.00 37,500.00 07/12/98 06/12/28 359.47 06/12/98 07/12/98 74.2 10.350 338.83
800920274 24,000.00 24,000.00 08/01/98 07/01/13 180.10 07/01/98 08/01/98 89.9 11.200 275.80
- ---------------------------------------- ------ -----------------------------
247 15,764,654.00 15,760,835.62 243.63 79.4 10.752 154,168.80
661515122 10,900.00 10,434.92 09/03/98 08/22/07 121.18 06/08/98 07/08/98 86.6 14.125 156.95
661539916 27,100.00 26,607.47 10/04/98 09/15/12 182.24 06/11/98 07/11/98 77.0 12.625 310.32
661608810 76,300.00 75,785.78 05/12/98 05/19/15 201.47 08/01/98 09/01/98 69.3 10.375 735.96
5700000895 20,180.00 20,116.71 05/06/98 03/15/13 177.27 06/01/98 07/01/98 70.1 13.750 244.92
- ---------------------------------------- ------ -----------------------------
4 134,480.00 132,944.88 187.66 72.3 11.630 1,448.15
800663148 18,000.00 18,000.00 05/20/98 04/20/18 237.73 05/20/98 06/20/98 75.6 8.400 155.07
800749699 126,000.00 125,972.97 06/22/98 05/22/28 358.78 06/22/98 07/22/98 90.0 10.650 1,166.73
800770778 108,000.00 107,772.99 06/22/98 05/22/13 178.78 06/22/98 07/22/98 90.0 10.650 1,203.89
800781130 132,600.00 132,456.56 06/27/98 05/27/28 358.95 06/27/98 07/27/98 85.0 11.350 1,297.97
800784860 58,950.00 58,838.88 06/26/98 05/26/18 238.92 06/26/98 07/26/98 84.2 8.750 520.95
800791576 31,750.00 31,598.26 07/03/98 06/03/13 179.18 07/03/98 08/03/98 89.9 12.250 386.17
800814089 142,000.00 142,000.00 07/03/98 06/03/18 239.18 06/03/98 07/03/98 80.0 8.750 1,254.87
800817660 69,300.00 69,300.00 07/16/98 06/16/08 119.61 06/16/98 07/16/98 90.0 9.900 911.97
800834152 48,500.00 48,500.00 07/08/98 06/08/08 119.34 06/08/98 07/08/98 57.0 8.500 601.33
800885980 53,700.00 53,700.00 07/04/98 06/04/13 179.21 06/04/98 07/04/98 84.9 11.100 613.73
- ---------------------------------------- ------ -----------------------------
10 788,800.00 788,139.66 245.73 84.2 10.129 8,112.68
800862914 27,100.00 27,100.00 07/01/98 05/21/08 119.11 06/01/98 07/01/98 77.6 13.500 380.84
800885428 63,700.00 63,524.97 08/06/98 06/10/17 228.26 09/01/98 10/01/98 71.5 9.975 575.96
800889016 115,100.00 115,100.00 08/01/98 06/15/13 180.10 07/01/98 08/01/98 82.2 9.125 1,085.39
800913584 31,700.00 31,572.33 08/06/98 06/15/13 180.26 09/01/98 10/01/98 79.2 11.125 334.84
800915613 47,150.00 46,968.79 08/06/98 06/15/13 180.26 09/01/98 10/01/98 84.9 11.625 511.83
800916678 100,300.00 100,095.79 08/06/98 06/09/18 240.26 09/01/98 10/01/98 85.0 11.375 979.29
5100016764 44,200.00 44,040.27 08/06/98 06/15/13 180.26 09/01/98 10/01/98 83.1 12.275 496.84
5100016871 32,200.00 32,200.00 07/01/98 05/21/08 119.11 06/01/98 07/01/98 84.8 11.750 422.07
5100016962 37,100.00 37,100.00 08/01/98 06/21/08 120.10 07/01/98 08/01/98 88.9 11.225 476.02
5100016970 36,500.00 36,220.64 08/06/98 06/21/08 120.26 09/01/98 10/01/98 89.6 12.875 500.48
5100016996 13,600.00 13,600.00 08/01/98 06/28/03 60.10 07/01/98 08/01/98 34.8 9.000 260.54
5100017002 21,700.00 21,516.04 08/06/98 06/21/08 120.26 09/01/98 10/01/98 81.3 11.125 277.29
5100017036 41,500.00 41,150.72 08/06/98 06/21/08 120.26 09/01/98 10/01/98 34.5 11.250 533.02
5100017044 472,300.00 471,184.95 08/06/98 06/09/18 240.26 09/01/98 10/01/98 72.6 10.250 4,279.24
5100017051 37,000.00 36,650.90 08/06/98 06/21/08 120.26 09/01/98 10/01/98 32.0 9.250 437.20
5100017069 18,500.00 18,468.58 08/06/98 06/09/18 240.26 09/01/98 10/01/98 84.8 12.725 196.72
5100017077 20,400.00 20,223.03 08/06/98 06/21/08 120.26 09/01/98 10/01/98 83.9 10.725 256.42
5100017085 69,500.00 69,500.00 08/01/98 06/10/17 228.10 07/01/98 08/01/98 85.8 10.725 660.13
5100017101 40,200.00 40,049.12 08/06/98 06/15/13 180.26 09/01/98 10/01/98 89.6 11.875 442.31
5100017127 55,600.00 55,367.59 08/06/98 06/15/13 180.26 09/01/98 10/01/98 84.9 10.725 574.43
5100017135 98,500.00 97,004.26 08/06/98 06/25/05 84.26 09/01/98 10/01/98 69.3 10.225 1,519.68
5100017150 33,500.00 33,241.72 08/06/98 06/21/08 120.26 09/01/98 10/01/98 84.8 12.750 457.07
5100017176 54,100.00 53,709.23 08/06/98 06/21/08 120.26 09/01/98 10/01/98 74.8 13.850 770.72
5100017184 87,100.00 86,224.55 08/06/98 06/23/07 108.26 09/01/98 10/01/98 78.5 11.125 1,181.24
5100017192 289,900.00 289,165.48 08/06/98 06/08/19 252.26 09/01/98 10/01/98 64.4 8.875 2,345.14
5100017200 50,600.00 50,186.92 08/06/98 06/21/08 120.26 09/01/98 10/01/98 88.8 11.775 663.93
5100017218 34,100.00 33,817.55 08/06/98 06/21/08 120.26 09/01/98 10/01/98 84.8 11.525 442.91
5100017226 21,200.00 21,189.12 08/06/98 05/29/27 348.26 09/01/98 10/01/98 83.3 12.725 212.93
5100017234 35,600.00 35,600.00 08/01/98 06/16/12 168.10 07/01/98 08/01/98 67.1 8.750 339.86
5100017242 90,400.00 90,400.00 08/01/98 06/13/15 204.10 07/01/98 08/01/98 55.4 11.000 905.60
5100017259 41,500.00 41,187.03 08/06/98 06/21/08 120.26 09/01/98 10/01/98 84.8 13.125 574.69
5100017267 33,300.00 33,300.00 08/01/98 06/21/08 120.10 07/01/98 08/01/98 69.3 9.750 401.89
5100017291 26,800.00 26,800.00 08/01/98 06/04/22 288.10 07/01/98 08/01/98 88.0 12.375 269.12
5100017309 20,900.00 20,721.81 08/06/98 06/21/08 120.26 09/01/98 10/01/98 84.9 11.025 265.97
5100017317 37,400.00 37,400.00 08/01/98 06/03/23 300.10 07/01/98 08/01/98 90.0 11.775 357.86
5100017325 52,200.00 51,757.48 08/06/98 06/21/08 120.26 09/01/98 10/01/98 74.5 11.125 667.03
5100017358 93,300.00 92,853.65 08/06/98 06/15/13 180.26 09/01/98 10/01/98 65.7 9.250 886.25
5100017366 28,000.00 27,776.04 08/06/98 06/21/08 120.26 09/01/98 10/01/98 88.0 12.125 372.61
5100017374 112,300.00 111,730.46 08/06/98 06/15/13 180.26 09/01/98 10/01/98 74.8 8.600 1,026.74
5100017382 96,900.00 96,900.00 08/01/98 06/04/22 288.10 07/01/98 08/01/98 61.3 9.625 797.24
5100017390 43,600.00 43,600.00 08/01/98 06/21/08 120.10 07/01/98 08/01/98 61.9 10.975 553.71
5100017408 26,600.00 26,600.00 08/01/98 06/15/13 180.10 07/01/98 08/01/98 78.8 11.100 280.58
5100017416 28,700.00 28,581.70 08/06/98 06/15/13 180.26 09/01/98 10/01/98 70.1 10.875 298.99
5100017424 31,300.00 31,240.37 08/06/98 06/09/18 240.26 09/01/98 10/01/98 89.2 11.875 315.59
5100017432 33,400.00 33,330.76 08/06/98 06/09/18 240.26 09/01/98 10/01/98 71.6 11.240 323.25
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - CLASS I Page 10 6/29/98
A DIVISION OF SUPERIOR BANK FSB 1998-2 CLASS I - 1ST SUBSEQUENT TRANSFER OF FIXED RATE MORTGAGES - SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Sale ID Account Name Address City State Code
- ----------------------------------------------------------------------------------------------------------------------------------
<C> <C> <S> <C> <C> <C> <C> <C>
236-58 23655 5100017440 HUGHES GEORGE M 1512 WESTPORT ROAD ABERDEEN WA 98520
236-58 23655 5100017457 PLECHA JOHN P 11843 WHEATON STERLING HEIGHTS MI 48313
236-58 23655 5100017473 SAWICKI WANDA 197 HOPE AVENUE WORCESTER MA 1603
236-58 23655 5100017531 YARBOROUGH JAMES LOUIS 844 NORTH 62ND AVENUE WEST RICHLAND WA 99353
236-58 23655 5100017549 HALL KATHRYN L 25005 E RIVER ROAD OTIS ORCHARDS WA 99027
236-58 23655 5100017564 ALBRECHT KEVIN E 741 12TH AVENUE WEST WEST FARGO ND 58078
236-58 23655 5100017572 MORSE BARBARA L 530 W MAPLE STREET WAYLAND MI 49348
236-58 23655 5100017598 SUITE CECILIA 10803 HIGHWAY 95 NORTH SANDPOINT ID 83864
236-58 23655 5100017630 DEMBOWSKE GENE R 4800 HESS ROAD VASSAR MI 48768
236-58 23655 5100017663 BABBAGE THOMAS F 16462 S HARDING ROAD OREGON CITY OR 97045
236-58 23655 5100017671 BALL SHAWN M 210 1ST STREET NORTH MONTESANO WA 98563
236-58 23655 5100017697 JENSEN JULIE K 1110 MULBERRY STREET YANKTON SD 57078
236-58 23655 5100017713 RUNYON JOHNNY C 4018 32ND AVENUE COURT NW GIG HARBOR WA 98335
236-58 23655 5100017788 BUCHHOLDT ADRIAN 3609 FRIDAY AVENUE EVERETT WA 98201
236-58 23655 5100017861 HUGGLER TERI 7601 E 192ND STREET SPANAWAY WA 98387
236-58 23655 5200000502 STUART DANNY C 3819 CHICKASHA ROAD LAKE WORTH FL 33462
236-58 23655 5200000510 STUART DANNY C 3819 CHICKASHA ROAD LAKE WORTH FL 33462
236-58 23655 5200000544 BOWERS FRANCES H 312 MALAGA PLACE PANAMA CITY FL 32413
236-58 23655 5200000585 SINISCALCHI RONALD J 159 LONG POINT DRIVE MARY ESTHER FL 32569
236-58 23655 5200000593 REEVES CHARLES R 932 NEARING HILL ROAD CHIPLEY FL 32428
236-58 23655 5200000601 PINTO PIERINO P 7820 HEATHER STREET NEW PORT RICHEY FL 34653
236-58 23655 5200000650 JOHNS PATSY A 330 SOUTH BAHAMAS AVENUE TEMPLE TERRACE FL 33617
236-58 23655 5500001887 REID BRINSLEY C 268 AVERILL AVENUE ROCHESTER NY 14620
236-58 23655 5500001895 DYKEMA JILL L 946 EAST HILE ROAD MUSKEGON MI 49441
236-58 23655 5500001937 HOFFMAN KARL R 21 MATTIE STREET AUBURN NY 13021
236-58 23655 5500002026 WREN TERI LEE 10 ROCKLAND AVENUE NEW CITY NY 10956
236-58 23655 5600003346 GREENE ROBERT S 2431 EVERGREEN AVENUE ARLINGTON HEIGHTS IL 60004
236-58 23655 5600003627 DANTUONO MICHELLE A 4322 WEST COUNTY ROAD 592 TIFFIN OH 44883
236-58 23655 5600003635 COCHRAN GRACE Y 124 HIGHLAND DRIVE KINGSTON TN 37763
236-58 23655 5600003643 GUDGEL JENNETTE A 2108 SAINT ANTHONY AVENUE SAINT PAUL MN 55104
236-58 23655 5600003718 GRAY TERRY L 204 NICOLE COURT GLEN CARBON IL 62034
236-58 23655 5600003734 MILES VERL I 202 SOUTH CHERRY STREET AKRON IN 46910
236-58 23655 5600003759 RICHMAN ROBERT L W 847 WAYNE AVENUE DEFIANCE OH 43512
236-58 23655 5600003775 HOFSTATER JANEL A 1949 HIGHVIEW DRIVE EAST SAUK RAPIDS MN 56379
236-58 23655 5600003825 CHRISTIAN TRUVILLE 2619 NORTH SHRIVER AVE INDIANAPOLIS IN 46208
236-58 23655 5600003841 LOCKHART ELIZABETH A 22077 FREEMONT MOORE ROAD SHERIDAN IN 46069
236-58 23655 5600003858 DEVINEY PAUL D 764 CYPRESS DRIVE MEMPHIS TN 38112
236-58 23655 5600003874 DEATON WILLIAM D 4732 HURSH ROAD FORT WAYNE IN 46845
236-58 23655 5600003999 ZWAR WALTER 1571 EAST ROSE CENTER ROAD HOLLY MI 48442
236-58 23655 5700001349 RAETZ MARY I 1167 W SALMON COURT GILBERT AZ 85233
236-58 23655 5700001620 ALEXANDER MARK S 20501 WEST TELEGRAM PATH BUCKEYE AZ 85326
236-58 23655 5700001638 HIGASHI NILDA 7955 NEVADA AVENUE LOS ANGELES CA 91304
236-58 23655 5700001653 CHAMBERS JOHN M 7650 TEXTILE ROAD YPSILANTI MI 48197
-----------------------------------------
88 Sale Total
656 Grand Total Class I
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Paid thru Date LTV Mortgage Payment
Account Origination Balance Date Date Term Date Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5100017440 34,800.00 34,800.00 08/01/98 06/15/13 180.10 07/01/98 08/01/98 53.5 8.750 321.01
5100017457 64,600.00 64,090.07 08/06/98 06/21/08 120.26 09/01/98 10/01/98 84.6 12.350 867.46
5100017473 80,500.00 80,500.00 08/01/98 06/21/08 120.10 07/01/98 08/01/98 61.6 10.525 1,003.52
5100017531 45,100.00 44,674.48 08/06/98 06/21/08 120.26 09/01/98 10/01/98 55.0 9.250 532.91
5100017549 25,978.00 25,922.59 08/06/98 06/09/18 240.26 09/01/98 10/01/98 80.0 11.025 247.90
5100017564 20,900.00 20,824.11 08/06/98 06/15/13 180.26 09/01/98 10/01/98 89.1 12.225 234.31
5100017572 59,400.00 59,077.96 08/06/98 06/16/12 168.26 09/01/98 10/01/98 69.0 9.250 583.10
5100017598 49,200.00 48,964.62 08/06/98 06/15/13 180.26 09/01/98 10/01/98 24.6 9.250 467.35
5100017630 72,400.00 72,400.00 08/01/98 06/09/18 240.10 07/01/98 08/01/98 76.2 10.000 644.87
5100017663 151,800.00 151,090.03 08/06/98 06/15/13 180.26 09/01/98 10/01/98 73.3 9.500 1,463.00
5100017671 55,800.00 55,800.00 08/01/98 06/15/13 180.10 07/01/98 08/01/98 60.6 11.000 585.35
5100017697 68,800.00 68,220.11 08/06/98 06/21/08 120.26 09/01/98 10/01/98 89.3 11.225 882.76
5100017713 70,100.00 70,100.00 08/01/98 06/15/13 180.10 07/01/98 08/01/98 87.4 10.625 720.20
5100017788 18,000.00 18,000.00 08/01/98 06/21/08 120.10 07/01/98 08/01/98 78.1 10.750 226.49
5100017861 122,100.00 121,484.92 08/06/98 06/16/12 168.26 09/01/98 10/01/98 61.0 10.125 1,257.32
5200000502 39,700.00 39,621.16 08/06/98 06/03/23 300.26 09/01/98 10/01/98 54.3 7.875 279.79
5200000510 10,500.00 10,485.66 08/06/98 06/03/23 300.26 09/01/98 10/01/98 68.7 10.125 88.92
5200000544 24,900.00 24,379.77 08/06/98 06/16/12 168.26 09/01/98 10/01/98 47.9 10.625 263.38
5200000585 133,500.00 132,301.39 08/06/98 06/21/08 120.26 09/01/98 10/01/98 71.7 10.125 1,636.74
5200000593 30,800.00 30,676.58 08/06/98 06/16/12 168.26 09/01/98 10/01/98 74.3 12.775 364.08
5200000601 59,700.00 59,578.28 08/06/98 06/10/17 228.26 09/01/98 10/01/98 79.6 12.375 628.87
5200000650 57,000.00 56,788.55 08/06/98 06/15/13 180.26 09/01/98 10/01/98 38.5 12.000 631.39
5500001887 38,200.00 37,889.95 07/07/98 05/21/08 119.31 08/01/98 09/01/98 84.8 11.875 503.26
5500001895 68,200.00 67,296.97 08/06/98 06/24/06 96.26 09/01/98 10/01/98 71.7 9.000 922.11
5500001937 32,900.00 32,767.49 07/07/98 05/15/13 179.31 08/01/98 09/01/98 88.9 11.125 347.52
5500002026 29,200.00 28,923.02 08/06/98 06/23/07 108.26 09/01/98 10/01/98 70.5 12.250 412.99
5600003346 115,900.00 115,802.52 07/07/98 04/26/28 359.31 08/01/98 09/01/98 46.3 9.875 928.95
5600003627 48,200.00 48,146.95 08/06/98 06/03/23 300.26 09/01/98 10/01/98 75.3 11.375 448.16
5600003635 19,500.00 19,393.73 08/06/98 06/19/10 144.26 09/01/98 10/01/98 76.0 12.875 246.00
5600003643 91,400.00 91,400.00 08/01/98 06/09/18 240.10 07/01/98 08/01/98 60.9 10.000 814.10
5600003718 123,000.00 122,809.67 08/06/98 06/05/21 276.26 09/01/98 10/01/98 72.7 10.750 1,111.89
5600003734 39,300.00 39,272.98 08/06/98 06/03/23 300.26 09/01/98 10/01/98 78.6 14.000 436.67
5600003759 40,500.00 40,500.00 08/01/98 06/03/23 300.10 07/01/98 08/01/98 75.0 7.875 285.43
5600003775 19,539.00 19,104.24 08/06/98 06/28/03 60.26 09/01/98 10/01/98 70.0 12.750 407.95
5600003825 33,700.00 33,700.00 08/01/98 06/24/06 96.10 07/01/98 08/01/98 74.8 9.775 468.24
5600003841 14,400.00 14,355.39 08/06/98 06/15/13 180.26 09/01/98 10/01/98 79.2 13.875 175.88
5600003858 55,600.00 54,807.46 08/06/98 06/25/05 84.26 09/01/98 10/01/98 87.4 11.875 902.35
5600003874 53,100.00 52,840.18 08/06/98 06/15/13 180.26 09/01/98 10/01/98 71.7 9.000 497.08
5600003999 35,000.00 34,959.07 08/06/98 06/06/20 264.26 09/01/98 10/01/98 80.6 13.375 380.46
5700001349 10,300.00 10,054.39 08/06/98 06/28/03 60.26 09/01/98 10/01/98 72.0 10.125 202.55
5700001620 16,900.00 16,871.13 08/06/98 06/06/20 264.26 09/01/98 10/01/98 79.0 10.875 155.75
5700001638 24,400.00 24,030.19 08/06/98 06/25/05 84.26 09/01/98 10/01/98 83.8 10.275 377.03
5700001653 44,600.00 44,526.57 08/06/98 06/06/20 264.26 09/01/98 10/01/98 75.2 11.125 418.23
- ---------------------------------------- ------ -----------------------------
5,075,967.00 5,055,184.03 191.73 71.9 10.562 54,284.78
40,376,218.00 40,332,902.45 230.64 78.4 10.734 403,748.53
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 1 6/29/98
A division of Superior Bank FSB
SALE SCHEDULE A -- CLASS II
1998-2 CLASS 2 -- 1ST SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-04 161637731 LE BLANC MICHEAL PAUL 109 FAIRLANE GRAY LA 70359
322-04 800314395 TEEL BERNARD D 34 ST JILES DRIVE CLAYTON NC 27520
322-04 800371536 O KEEFE ROBERT N 336 EAST MAIN STREET SOMERVILLE NJ 08876
322-04 800506875 LITTLEFIELD WADE DEAN 4778 WEST TRAVIS CIRCLE WEST JORDAN UT 84088
322-04 800515165 POWELL ROBERT 1437 UNION STREET ALLENTOWN PA 18102
322-04 800521221 WILLIAMS MILTON 383-385 CHADWICK AVENUE NEWARK NJ 07112
322-04 800538084 ZHAK MIKHAIL 6405 SOUTH DAYTON STREET # ENGLEWOOD CO 80111
322-04 800551467 HUNEYCUTT JOSEPH R JR 21 SEA GULL LANE CAROLINA BEACH NC 27428
322-04 800556896 ROCCOGRANDI JAMES 30 GREEN STREET EDWARDSVILLE PA 18704
322-04 800578783 REITENBACH RALPH R JR 629 WEST MARKET STREET WILLIAMSTOWN PA 17098
322-04 800581050 MCFARLAND SAMUEL D 3946 NORTH STATE ROAD 337 ORLEANS IN 47452
322-04 800592313 PAREDES LINDA B 712 29TH STREET UNION CITY NJ 07087
322-04 800600504 GEORGIEV GEORGE 244 EAST WINSLOW AVE #1D SALT LAKE CITY UT 84115
322-04 800602385 OLSON TERRANCE 3012 KAPFORD DRIVE WEST VALLEY CITY UT 84128
322-04 800619678 DARLINGTON DALE 228 E CUMBERLAND STREET ALLENTOWN PA 18103
322-04 800624934 WARREN DELORES 1350 NORTH AVENUE UNIT 3D ELIZABETH NJ 07201
322-04 800632812 FORSTER DENNIS J 1095 HIGHWAY M ADAMS WI 53910
322-04 800635922 HODGE TRACY 3173 EAST 119 STREET CLEVELAND OH 44120
322-04 800638611 WESTERFIELD CECIL 8812 CAPITAL AVENUE CLEVELAND OH 44104
322-04 800641144 KAY EDDIE J 2503 UPCOHALL AVENUE FORT MYERS FL 33905
322-04 800643934 TOMASICHIO DOLORES M 104 LEWISTON STREET STATEN ISLAND NY 10314
322-04 800645145 LAROCHE PIERRE PAUL 128 SIXTH STREET PELHAM NY 10803
322-04 800653057 DESHAZER LOREN 57615 HAZEN ROAD WARREN OR 97051
322-04 800656910 CORBETT PAIGE 12431 EAST AMHERST CIRCLE AURORA CO 80014
322-04 800661159 DOUGLAS GREGORY 38 NORTH STREET MOUNT VERNON NY 10550
322-04 800663015 MARCANO MARIA 342 NORTH 15TH STREET ALLENTOWN PA 18102
322-04 800670127 MILLER MICHAEL 328 BLACK BARREN ROAD PEACH BOTTOM PA 17563
322-04 800686396 ANDRETTA CHRISTINE A 7380 ST IVES WAY UNIT 1105 NAPLES FL 34104
322-04 800687428 BLOCK DONALD 135 LOMA PARK FLORESVILLE TX 78114
322-04 800718967 SANDS DWIGHT D 5193 COTTER COURT COLLEGE PARK GA 30291
322-04 800727331 MOORE LINDA LEIGH 2290 PRICE GRANGE ROAD EDEN NC 27288
322-04 800727919 LAW DWIGHT M 909 FRANKLIN AVENUE PITTSBURGH PA 15221
322-04 800748733 JUDGE JAMES C 3481 LAKESIDE DRIVE ATLANTA GA 30326
322-04 800756462 TURNER MARY G 6811 SPRING SHOWER COURT KRUM TX 76249
322-04 800788358 MCDONALD BOBBY M 510 MCDONALD PLACE BESSEMER CITY NC 28016
322-04 800788960 OWEN MARILYN C 3350 HUNTLEY SQUARE DRIVE TEMPLE HILLS MD 20748
322-04 800794612 ARNOLD STEVEN 333 NEPTUNE WALLED LAKE MI 48390
322-04 800796542 SMITH JOANNE K 161 WINTER STREET #14 HANSON MA 02341
322-04 800802506 VINCENT DEIDRE P RT 5 BOX 521 A ST MATTHEWS SC 29135
322-04 800806978 WILLARD WILLIAM R 6859 FM 2622 DENTON TX 76259
322-04 800807265 SIMMONS SAMMY EARL 2717 REBECCA LANE KINSTON NC 28504
322-04 800809956 MATHIS MICHAEL S 14914 SHADY BEND DRIVE HOUSTON TX 77070
322-04 800817959 COLES ANTHONY 6751 NORTH 13TH STREET PHILADELPHIA PA 19126
322-04 800825697 EADS WILLIAM 199 KIDS LANE MAYODAN NC 27027
322-04 800827628 RIDENOUR FRED M LOT 4 POLO ROAD MORIARTY NM 87035
322-04 800855397 MITCHELL STANLEY 1107 SPRING SHOWER DRIVE KRUM TX 76249
322-04 800870511 GOSTENIK RICHARD D 3804 EAST LONG PLACE LITTLETON CO 80122
322-04 800871147 MERISIER JEAN 2141 ROSEMONT DRIVE TOBYHANNA PA 18466
322-04 800872897 FUS MARIA 1324 W GREENLEAF #1C CHICAGO IL 60641
322-04 800874554 POLLARD BRIAN 4304 LISBON STREET DENVER CO 80249
322-04 800911554 HILLIARD JOHNNEY 6703 SPRING BRANCH DRIVE KRUM TX 76249
---------------------------------------
51 Sale Total
322-05 800509127 BAGLEY CATHY 125 WALNUT STREET LEETONIA OH 44431
322-05 800537714 HUMPHRIES MARIBEL 799 PEMART AVENUE PEEKSKILL NY 10566
322-05 800551509 HUFF PHYLLIS 1002 SOUTH TAYLOR OAK PARK IL 60302
322-05 800597759 JOHNSON BETTY 47 WILSHIRE DRIVE CHESTNUT RIDGE NY 10977
322-05 800603870 JAKSA MARTIN E 26 MAPLECREST DRIVE NEPTUNE NJ 07753
322-05 800614687 MARLOWE WILLIAM V 1748 BRIDGEWATER DRIVE CONWAY SC 29526
322-05 800635344 BERNARDO JAMES 17 ELMWOOD AVENUE SELDEN NY 11784
322-05 800665853 ADAMS WILLIAM F 7948 SOUTH 3725 WEST WEST JORDAN UT 84088
322-05 800666612 HACKMAN JAMES L 101 BOMBERGER ROAD LITITZ PA 17543
322-05 800671620 MARSH TRACY GAP VIEW DRIVE JACKSON TWP PA 18352
322-05 800672404 DEAN DAVID A 1401 APPIAN WAY LAWRENCEVILLE GA 30044
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-04 161637731 27,000.00 26,977.26 05/01/98 04/01/28 10.250 9.250 16.250 6.000
322-04 800314395 160,110.00 159,650.85 11/01/97 10/01/27 11.125 10.125 17.125 6.800
322-04 800371536 171,000.00 170,572.97 11/01/97 10/01/27 11.125 10.125 17.125 6.800
322-04 800506875 145,800.00 145,571.42 03/01/98 02/01/28 10.625 9.625 16.625 7.300
322-04 800515165 63,070.00 62,912.73 12/01/97 11/01/27 11.125 10.125 17.125 6.800
322-04 800521221 104,000.00 103,874.92 03/01/98 02/01/28 10.500 9.500 16.500 7.250
322-04 800538084 111,200.00 111,025.63 02/01/98 01/01/28 10.625 9.625 16.625 6.850
322-04 800551467 94,500.00 94,459.29 05/01/98 04/01/28 10.125 9.125 16.125 6.500
322-04 800556896 52,000.00 51,935.73 04/01/98 03/01/28 10.375 9.375 16.375 6.800
322-04 800578783 16,195.00 16,182.75 05/01/98 04/01/28 10.750 9.750 16.750 7.050
322-04 800581050 54,000.00 53,925.79 04/01/98 03/01/28 9.875 8.875 15.875 6.500
322-04 800592313 58,000.00 57,911.45 04/01/98 03/01/28 9.375 8.375 15.375 6.000
322-04 800600504 57,400.00 57,346.22 04/01/98 03/01/28 9.750 8.750 15.750 6.625
322-04 800602385 102,000.00 101,942.95 04/01/98 03/01/28 12.125 11.125 18.125 8.050
322-04 800619678 55,250.00 55,200.91 05/01/98 04/01/28 10.000 9.000 16.000 6.250
322-04 800624934 92,000.00 91,922.51 05/01/98 04/01/28 10.250 9.250 16.250 6.625
322-04 800632812 32,000.00 31,981.08 05/01/98 04/01/28 11.875 10.875 17.875 8.000
322-04 800635922 50,400.00 50,371.82 05/01/98 04/01/28 12.125 11.125 18.125 8.000
322-04 800638611 30,400.00 30,382.99 05/01/98 04/01/28 12.125 11.125 18.125 8.000
322-04 800641144 54,400.00 54,127.54 05/01/98 04/01/28 10.250 9.250 16.250 6.250
322-04 800643934 165,700.00 165,578.03 05/01/98 04/01/28 10.875 9.875 16.875 7.800
322-04 800645145 143,100.00 142,985.78 04/01/98 03/01/28 10.500 9.500 16.500 7.375
322-04 800653057 200,000.00 199,934.30 05/01/98 04/01/28 13.375 12.375 19.375 9.125
322-04 800656910 135,150.00 134,963.37 05/01/98 04/01/28 9.875 8.875 15.875 6.750
322-04 800661159 192,600.00 192,529.43 05/01/98 04/01/28 10.875 9.875 16.875 7.650
322-04 800663015 54,000.00 53,906.11 05/01/98 04/01/28 8.750 7.750 14.750 5.500
322-04 800670127 54,000.00 53,912.08 05/01/98 04/01/18 13.625 12.625 19.625 9.900
322-04 800686396 52,000.00 51,975.09 05/01/98 04/01/28 9.625 8.625 15.625 6.550
322-04 800687428 79,200.00 79,170.98 07/01/98 06/01/28 10.875 9.875 16.875 6.750
322-04 800718967 62,050.00 62,023.98 05/01/98 04/01/28 10.250 9.250 16.250 6.250
322-04 800727331 56,100.00 56,100.00 08/01/98 07/01/23 10.750 9.750 16.750 7.250
322-04 800727919 36,000.00 35,978.72 05/01/98 04/01/28 11.875 10.875 17.875 7.850
322-04 800748733 187,000.00 186,903.06 05/01/98 04/01/28 9.250 8.250 15.250 5.250
322-04 800756462 119,700.00 119,700.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-04 800788358 75,600.00 75,600.00 07/01/98 06/01/28 10.500 9.500 16.500 7.125
322-04 800788960 64,600.00 64,570.65 07/01/98 06/01/28 9.875 8.875 15.875 6.500
322-04 800794612 75,600.00 75,510.41 06/01/98 05/01/28 8.625 8.625 14.625 5.375
322-04 800796542 92,000.00 92,000.00 08/01/98 07/01/28 9.875 8.875 15.875 5.500
322-04 800802506 31,950.00 31,950.00 07/01/98 06/01/18 10.875 9.875 16.875 7.250
322-04 800806978 111,600.00 111,600.00 07/01/98 06/01/28 8.375 7.375 14.375 4.500
322-04 800807265 86,400.00 86,400.00 07/01/98 06/01/28 10.875 9.875 16.875 7.250
322-04 800809956 76,415.00 76,415.00 08/01/98 07/01/28 11.375 10.375 17.375 7.000
322-04 800817959 41,650.00 41,650.00 07/01/98 06/01/28 9.125 8.125 15.125 5.500
322-04 800825697 70,550.00 70,454.04 08/01/98 07/01/23 10.625 9.625 16.625 7.250
322-04 800827628 84,150.00 84,150.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-04 800855397 94,800.00 94,800.00 07/01/98 06/01/28 10.250 9.250 16.250 6.000
322-04 800870511 162,400.00 162,400.00 08/01/98 07/01/28 10.750 9.750 16.750 7.500
322-04 800871147 149,200.00 149,200.00 08/01/98 07/01/28 9.000 8.000 15.000 5.500
322-04 800872897 83,200.00 83,200.00 08/01/98 07/01/28 10.125 9.125 16.125 6.000
322-04 800874554 114,000.00 114,000.00 08/01/98 07/01/28 9.625 8.625 15.625 5.750
322-04 800911554 119,000.00 119,000.00 08/01/98 07/01/28 9.000 8.000 15.000 5.750
--------------------------------------------- ---------------------------------------
51 4,600,440.00 4,596,837.84 10.452 9.468 16.452 6.772
322-05 800509127 39,200.00 39,122.81 02/01/98 01/01/28 10.625 10.625 16.625 7.900
322-05 800537714 86,400.00 86,302.37 02/01/98 01/01/28 12.125 11.125 18.125 9.050
322-05 800551509 94,500.00 94,365.27 03/01/98 02/01/28 11.000 10.000 17.000 7.250
322-05 800597759 202,475.00 202,432.47 06/01/98 05/01/28 13.375 12.375 19.375 9.125
322-05 800603870 97,300.00 96,960.77 04/01/98 03/01/28 10.375 9.375 16.375 7.000
322-05 800614687 85,000.00 85,000.00 07/01/98 06/01/18 11.125 10.125 17.125 7.625
322-05 800635344 66,000.00 65,975.15 06/01/98 05/01/28 10.750 9.750 16.750 7.300
322-05 800665853 104,000.00 103,967.67 05/01/98 04/01/28 11.625 10.625 17.625 8.000
322-05 800666612 88,200.00 88,095.44 06/01/98 05/01/28 10.000 9.000 16.000 6.625
322-05 800671620 71,400.00 71,362.00 06/01/98 05/01/28 9.125 8.125 15.125 6.050
322-05 800672404 79,650.00 79,601.75 06/01/98 05/01/28 8.500 8.500 14.500 5.500
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 2 6/29/98
A division of Superior Bank FSB
SALE SCHEDULE A -- CLASS II
1998-2 CLASS 2 -- 1ST SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-05 800673576 SCULAC NICHOLAS 11450 GUTHRIE ROAD COLORADO SPRINGS CO 80808
322-05 800676512 SNELL PATREECE A 3386 DELLWOOD ROAD CLEVELAND HEIGHTS OH 44118
322-05 800678237 OSBORNE WILLIAM T 52 FOX COURT DINGMANS FERRY PA 18328
322-05 800678856 SMITH TERRY 3620 SHERWOOD PLACE SOUTHE ROCHESTER MN 55904
322-05 800679029 THOMAS KENNETH 22 MCCAFFERY ROAD MANALAPAN NJ 07726
322-05 800683872 TEIXEIRA DEIDRE A 49 SEAVER CIRCLE BRIDGEPORT CT 06606
322-05 800685430 HURLEY LAURA 108 NORTH TAYLOR AVENUE NORWALK CT 06854
322-05 800686321 BISHOP JEFFERY 709 MAIN STREET MAPLE PARK IL 60151
322-05 800688541 KIRKLAND BETTY J 138 37 231ST STREET LAURELTON NY 11413
322-05 800690265 GLENN CHARISE 9591 PATTON DETROIT MI 48228
322-05 800693855 BEEBE MARJORIE ANN 1265 LOGAN AVENUE TYRONE PA 16686
322-05 800695058 JAMES RICHARD A 808 CANDLEWOOD ESTATES BLAKESLEE PA 18610
322-05 800697138 FUENTES ORLANDA E 4012 BISHOP CIRCLE LABELLE FL 33935
322-05 800697310 COLATRELLA JOHN 10 LINCOLN AVENUE EDISON NJ 08817
322-05 800697377 BROWN SANDRA 629 EAST 83RD STREET BROOKLYN NY 11236
322-05 800697443 LEGACY ROBERT E 35 HORNBEAM DRIVE CRANSTON RI 02921
322-05 800697617 LYKINS GLENN M 3102 CLEVELAND AVENU DAYTON OH 45420
322-05 800699217 ELLIOTT PAMELA B 5878 EAST SNOW BASIN ROAD HUNTSVILLE UT 84317
322-05 800703068 VANGELOFF GEORGE M 10165 LAUREL LIVONIA MI 48150
322-05 800704504 WILSON ANTHONY S 411 MIAMI TRACE ROAD WASHINGTON COURT HOU OH 43160
322-05 800705212 VIGIL HELEN 2601 MORTON LANE SOUTH WES ALBUQUERQUE NM 87105
322-05 800706814 BROOKS JACQUELINE M 5179 SOUTH 2875 WEST ROY UT 84067
322-05 800708521 DAVIS RONALD M 212 OLIVER STREET #42 CASEYVILLE IL 62232
322-05 800714016 WEIK CATHY 48 EAST CURRIER ROAD FREEPORT IL 61032
322-05 800714990 ROGERS ROSEMARIA 7 VAN WYCK STREET OSSINING NY 10562
322-05 800715187 MORRIS DOW TASHA 12628 SOUTH EDBROOKE CHICAGO IL 60628
322-05 800715443 SCHAMANEK GAIL 142 EAST THIRD AVENUE SALT LAKE CITY UT 84103
322-05 800717639 CAVE MICHAEL P 10663 ROBERTS ROAD FREDONIA NY 14063
322-05 800718264 CURLEY JAMES M 5 SURREY LANE DOWNINGTOWN PA 19335
322-05 800718421 SCHMIDT JAMES A 1003 PROSPECT AVE SCRANTON PA 18505
322-05 800718447 DEION ANN MARIE 4 MINTI ROAD CORAM NY 11727
322-05 800718538 WEYDIG CHARLES T 23 LANCASTER AVENUE NESCONSET NY 11767
322-05 800719296 FASOLINO ROBYN LOT 19 MT LAUREL DRIVE EFFORT PA 18330
322-05 800722175 SABIR ANNE T 3743 EAST 95TH STREET CLEVELAND OH 44104
322-05 800722332 GRIFFIN BRIAN L 936 TERMINAL STREET ORRVILLE OH 44667
322-05 800725889 CASCADDEN DAVID L 5934 5936 N MARYLAND AVE PORTLAND OR 97217
322-05 800727034 FALKENSTEIN DAVID E 918 E 20TH STREET MUNCIE IN 47302
322-05 800727109 LANESKI JOSEPH M 78 LAKE AVENUE MONTROSE PA 18801
322-05 800727208 SAN AGUSTIN MYRNA 102 BOEHMHURST AVENUE SAYREVILLE NJ 08872
322-05 800730046 SHAH ADAM 175 LAFAYETTE AVENUE BROOKLYN NY 11238
322-05 800731317 DISS DAVID W 1028 GW WILSON ROAD NICHOLSON GA 30565
322-05 800731556 WILLIAMS DEBORAH DARLENE 6915 DEERWOOD DRIVE HARRISON TN 37341
322-05 800732273 LIGHTY WALTER F 505 RIDGEWAY DRIVE WRIGHTSVILLE PA 17368
322-05 800734097 LABAR DANIEL M 106 CLAY STREET TAMAQUA PA 18252
322-05 800738379 ORTALANO THOMAS J 1116 LEHIGH STREET EASTON PA 18042
322-05 800739922 HADDAD JEHAD 13441 SOUTH MACKINAW CHICAGO IL 60633
322-05 800741399 RIVERA MIGUEL 179 LAKE OF THE PINES EAST STROUDSBURG PA 18301
322-05 800741910 CARTER ROBERT J 773 SE BOYSEN LANE DUNDEE OR 97115
322-05 800745655 SECRIST KIRK C 540 EAST 600 SOUTH BRIGHAM CITY UT 84302
322-05 800745747 BITTNER WILLIAM C 209 PALOMA CANYON LAKE TX 78133
322-05 800746182 BIELICKI KRZYSZTOF S 266 RIVER ROAD SUNDERLAND MA 01375
322-05 800749657 AMES KURT S 2498 WEST HARD OCK CIRCLE WEST VALLEY CITY UT 84119
322-05 800751356 ACKER DEANNA TOLAR 220 MILES STREET LONGVIEW TX 75605
322-05 800753568 ATTANASIO DEAN M 29 RONNIE COURT SCHENECTADY NY 12306
322-05 800753881 MOORE MONICA 72 LINDEN STREET PASSAIC NJ 07055
322-05 800754038 KIDWELL RICKY R 904 VIOLET TERRACE WAVERLY PA 18471
322-05 800754830 DAVISON JUDY 964 WEST 4375 SOUTH RIVERDALE UT 84405
322-05 800754871 FRY NATHAN W 5670 SOUTH 2200 WEST ROY UT 84067
322-05 800755753 MC QUAID ANTHONY LEE 179 COUNTY ROAD 144 SOUTH POINT OH 45680
322-05 800756066 POLISTIN MARIE 1819 FIRST STREET NW WASHINGTON DC 20001
322-05 800757411 FIRLEY RAYMOND HH50 WOODHAVEN DRIVE WHITE HAVEN PA 18661
322-05 800761249 SMITH BARBARA A 317 PAXTON CALUMET CITY IL 60409
322-05 800761769 WOOTEN KEITH J 2402 SOUTH 1475 WEST SYRACUSE UT 84075
322-05 800764128 DENT JEFFREY A 338 S 4TH STREET STEELTON PA 17113
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-05 800673576 429,000.00 428,541.66 05/01/98 04/01/28 9.125 8.125 15.125 5.875
322-05 800676512 73,000.00 73,000.00 08/01/98 07/01/28 11.875 10.875 17.875 7.250
322-05 800678237 78,400.00 78,378.18 06/01/98 05/01/28 12.125 11.125 18.125 8.625
322-05 800678856 64,000.00 63,985.36 06/01/98 05/01/28 13.000 12.000 19.000 9.125
322-05 800679029 180,000.00 179,757.63 05/01/98 04/01/28 8.000 7.000 14.000 5.000
322-05 800683872 112,000.00 111,924.02 05/01/98 04/01/28 11.250 10.250 17.250 7.625
322-05 800685430 94,500.00 94,464.42 05/01/98 04/01/28 10.750 9.750 16.750 7.000
322-05 800686321 100,000.00 99,954.02 04/01/98 03/01/28 13.000 12.000 19.000 9.400
322-05 800688541 131,800.00 131,769.00 06/01/98 05/01/28 12.875 11.875 18.875 9.050
322-05 800690265 52,000.00 51,985.53 06/01/98 05/01/28 12.125 12.125 18.125 9.125
322-05 800693855 20,400.00 20,400.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-05 800695058 162,400.00 162,400.00 07/01/98 06/01/28 12.875 11.875 18.875 8.750
322-05 800697138 36,400.00 36,400.00 07/01/98 06/01/28 12.875 11.875 18.875 8.250
322-05 800697310 64,000.00 63,941.62 05/01/98 04/01/28 9.875 8.875 15.875 6.500
322-05 800697377 292,000.00 291,920.97 05/01/98 04/01/28 12.250 12.250 18.250 9.000
322-05 800697443 145,700.00 145,616.20 05/01/98 04/01/28 12.000 12.000 18.000 9.000
322-05 800697617 72,000.00 71,939.35 05/01/98 04/01/28 10.250 9.250 16.250 6.875
322-05 800699217 309,000.00 308,848.01 06/01/98 05/01/28 9.500 8.500 15.500 6.875
322-05 800703068 102,000.00 101,906.93 06/01/98 05/01/28 9.875 8.875 15.875 6.125
322-05 800704504 64,800.00 64,769.34 06/01/98 05/01/28 12.875 11.875 18.875 9.250
322-05 800705212 86,250.00 86,250.00 07/01/98 06/01/28 13.125 12.125 19.125 8.000
322-05 800706814 117,000.00 117,000.00 07/01/98 06/01/28 10.250 9.250 16.250 7.375
322-05 800708521 60,000.00 59,980.83 05/01/98 04/01/28 11.500 10.500 17.500 7.500
322-05 800714016 57,600.00 57,600.00 07/01/98 06/01/28 13.375 12.375 19.375 9.500
322-05 800714990 151,200.00 151,141.51 06/01/98 05/01/28 10.625 9.625 16.625 7.300
322-05 800715187 68,000.00 67,971.48 05/01/98 04/01/28 13.375 12.375 19.375 9.500
322-05 800715443 150,000.00 149,899.35 06/01/98 05/01/28 10.000 9.000 16.000 6.375
322-05 800717639 33,750.00 33,721.17 06/01/98 05/01/28 11.500 10.500 17.500 7.890
322-05 800718264 154,700.00 154,643.32 05/01/98 04/01/28 10.875 9.875 16.875 7.750
322-05 800718421 52,000.00 51,974.42 06/01/98 05/01/28 9.500 8.500 15.500 6.125
322-05 800718447 87,500.00 87,472.80 07/01/98 06/01/28 11.625 10.625 17.625 7.750
322-05 800718538 180,000.00 179,909.10 07/01/98 06/01/28 9.375 8.375 15.375 6.000
322-05 800719296 156,000.00 156,000.00 07/01/98 06/01/28 9.125 8.125 15.125 5.750
322-05 800722175 36,000.00 35,979.86 05/01/98 04/01/28 12.125 11.125 18.125 8.000
322-05 800722332 53,000.00 53,000.00 07/01/98 06/01/28 10.375 9.375 16.375 6.750
322-05 800725889 68,940.00 68,909.50 06/01/98 05/01/28 10.000 9.000 16.000 6.250
322-05 800727034 58,400.00 58,400.00 07/01/98 06/01/28 12.375 11.375 18.375 8.000
322-05 800727109 76,500.00 76,500.00 08/01/98 07/01/28 11.375 10.375 17.375 7.000
322-05 800727208 140,000.00 140,000.00 07/01/98 06/01/28 9.000 8.000 15.000 5.500
322-05 800730046 347,000.00 347,000.00 06/08/98 05/08/28 9.250 8.250 15.250 5.875
322-05 800731317 64,600.00 64,581.52 06/01/98 05/01/28 12.000 11.000 18.000 8.375
322-05 800731556 92,700.00 92,700.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-05 800732273 125,100.00 125,100.00 07/01/98 06/01/28 10.750 9.750 16.750 7.375
322-05 800734097 36,400.00 36,400.00 07/01/98 06/01/28 11.875 10.875 17.875 8.000
322-05 800738379 62,900.00 62,900.00 08/01/98 07/01/28 9.625 8.625 15.625 6.750
322-05 800739922 68,000.00 67,958.66 05/01/98 04/01/28 11.750 10.750 17.750 8.625
322-05 800741399 77,200.00 77,200.00 08/01/98 07/01/28 8.375 7.375 14.375 5.000
322-05 800741910 147,600.00 147,510.58 06/01/98 05/01/28 10.500 9.500 16.500 7.125
322-05 800745655 156,400.00 156,310.02 06/01/98 05/01/28 10.750 9.750 16.750 7.875
322-05 800745747 118,150.00 118,150.00 08/01/98 07/01/28 10.750 9.750 16.750 6.250
322-05 800746182 144,000.00 144,000.00 07/01/98 06/01/28 12.250 11.250 18.250 8.250
322-05 800749657 111,600.00 111,506.00 05/01/98 04/01/28 10.250 9.250 16.250 6.875
322-05 800751356 51,000.00 50,960.37 07/01/98 06/01/28 10.625 9.625 16.625 7.000
322-05 800753568 303,750.00 303,750.00 08/01/98 07/01/28 8.625 7.625 14.625 5.250
322-05 800753881 103,500.00 103,500.00 07/01/98 06/01/28 11.250 10.250 17.250 7.520
322-05 800754038 164,000.00 163,924.59 06/01/98 05/01/28 9.875 8.875 15.875 7.000
322-05 800754830 124,950.00 124,950.00 07/01/98 06/01/28 11.750 10.750 17.750 8.125
322-05 800754871 103,500.00 103,449.10 06/01/98 05/01/28 11.500 10.500 17.500 7.875
322-05 800755753 56,900.00 56,900.00 07/01/98 06/01/28 8.500 7.500 14.500 6.000
322-05 800756066 150,300.00 150,300.00 06/01/98 05/01/28 10.250 10.250 16.250 7.300
322-05 800757411 46,750.00 46,750.00 07/01/98 06/01/28 10.375 9.375 16.375 6.750
322-05 800761249 70,400.00 70,364.79 08/01/98 07/01/28 12.625 11.625 18.625 8.250
322-05 800761769 148,000.00 148,000.00 07/01/98 06/01/28 12.875 11.875 18.875 9.500
322-05 800764128 52,200.00 52,200.00 07/01/98 06/01/28 10.750 9.750 16.750 7.375
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 3 6/29/98
A division of Superior Bank FSB
SALE SCHEDULE A -- CLASS II
1998-2 CLASS 2 -- 1ST SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-05 800765117 JONES DEBORAH M 7204 SOUTH RICHMOND AVENUE CHICAGO IL 60629
322-05 800765125 JORDAN FRANK 2717 W. LEXINGTON CHICAGO IL 60643
322-05 800765158 BJORK PHILLIP 12 ALEX LANE WARWICK NY 10990
322-05 800765349 OWEN JEFF A 440 BARNES STREET FAIRMONT WV 26554
322-05 800768251 SHANER LARRY 126 RUTH STREET GETTYSBURG OH 45328
322-05 800769143 SUPPLE JOSEPH 16 18 HAYES DRIVE MILFORD CT 06460
322-05 800770232 WEISS PAMELA 144 AVENUE C HOLBROOK NY 11741
322-05 800771396 FLAHERTY KWANE 174-07 POLHEMAS AVENUE JAMAICA NY 11433
322-05 800771495 WILLIAMS OYELEYE F 225 HOPKINSON AVENUE BROOKLYN NY 11233
322-05 800772378 ROGERS CONNIE 239 SOUTH 16TH STREET LAS VEGAS NV 89101
322-05 800773293 YOUNG CARY 611 2ND AVENUE NE CARMEL IN 46032
322-05 800774069 GRADWELL RAYMOND K 112 CHESTNUT STREET CRESSONA PA 17929
322-05 800774929 PRENTISS JOHN 10 HALO AVENUE SEWELL NJ 08080
322-05 800775090 WICKS DAVID W 291 ROPE MILL ROAD WOODSTOCK GA 30188
322-05 800776155 BAKER WILLIAM 200 E 5TH ST GREENVILLE OH 45331
322-05 800776262 GAZAK STEPHEN J 211 PERRY STREET CAPE MAY NJ 08204
322-05 800778730 MENSAH JOYCE 22 EAST BIDWELL AVENUE JERSEY CITY NJ 07305
322-05 800779118 ELBERT DENISE 1052 DEBBIE LANE SALISBURY PA 18103
322-05 800779548 TAYLOR SHATONYA 5520 DUNK DR INDPLS IN 46224
322-05 800779621 GARDNER DAVID 1341 NORTH BELL STREET CHICAGO IL 60622
322-05 800781890 POLITO JOYCE 22 VILLA DRIVE PUEBLO CO 81001
322-05 800782260 VARGAS RAYMONDO RASCON 2222 WEST 2200 SOUTH SYRACUSE UT 84075
322-05 800782815 FRUNER JOHN D LOT 807 CANDLEWOOD ESTATES BLAKESLEE PA 18610
322-05 800784100 JOBSON KARL 1306 EAST 98TH STREET BROOKLYN NY 11236
322-05 800784605 STACKS KEITH L 3339 NORTH 175 WEST NORTH OGDEN UT 84414
322-05 800785115 SHOTWELL SHANE C 3974 NORTH ARABIAN WAY CEDAR CITY UT 84720
322-05 800785578 DAVIS TRACY G 1746 BRIDGEWATER DRIVE CONWAY SC 29526
322-05 800786543 BOWEN KATHY 2065 SMELZER RD MARION OH 43302
322-05 800786741 SOLLORANO SOLEDAD AQUINO 789 N GLASSELL STREET ORANGE CA 92867
322-05 800786899 GRIFFIN PETER 1342 JUCTION ST PLYMOUTH MI 48170
322-05 800789562 OWUSU ANSAH JOSEPH 2652 DECATUR AVENUE BRONX NY 10458
322-05 800791154 CHRISTIE DOUGLAS R 1915 WEST DUSK DRIVE ST GEORGE UT 84770
322-05 800792780 WAGNER BONNIE J 1012 EAST WALTON AVENUE SPOKANE WA 99207
322-05 800792871 KREGER JEFFREY H 128 LITTLE PINE CREEK ROAD WATERVILLE PA 17776
322-05 800792970 MARTINEZ FERNANDO 501 E NORTH STREET BETHLEHEM PA 18018
322-05 800794083 ESPOSITO LAURENCE R 706 EAST PRAIRIE AVE NAPERVILLE IL 60540
322-05 800795734 WARD ARCHIE G 831 BERWYN STREET INDIANAPOLIS IN 46203
322-05 800795882 BITA DANIEL 1108 GILMAN GARDEN CITY MI 48135
322-05 800796021 PADGETT BECKY J 6162 EAST 25TH STREET INDIANAPOLIS IN 46219
322-05 800796591 LANG KATHERYN L 6030 VESSEY ROAD COLORADO SPRINGS CO 80908
322-05 800798373 GLOVER DENYSE M 1202 WYCOMBE AVENUE DARBY BOROUGH PA 19023
322-05 800798829 CHESTNUT MARCIA 6520 N 21ST STREET PHILADELPHIA PA 19138
322-05 800799652 GLAZIER JOHN A 1721 WESTERVELT AVENUE BALDWIN NY 11510
322-05 800801045 PEDRO CELIA R 18 CURTIS PLACE MAPLEWOOD NJ 07040
322-05 800801912 DREW GENA R 27 E LOCUST STREET MECHANICSBURG PA 17055
322-05 800802365 TRACY DAVID M 7775 MAIN STREET ROSEVILLE OH 43777
322-05 800802381 HAWKS CLINT N 3980 PARKER DRIVE RIVERDALE UT 84405
322-05 800803124 BRASWELL SIDNEY G 307 RAINTREE BEND PEACHTREE CITY GA 30269
322-05 800803355 ADAMS BARBARA J 7394 SOUTH MERIDIAN INDIANAPOLIS IN 46217
322-05 800803363 SARRATT ROOSEVELT 110 MADISON AVE GAFFNEY SC 29340
322-05 800803751 WILLIAMS DONALD G 373 STONYBROOK DRIVE LEVITTOWN PA 19054
322-05 800803926 ESPOSITO MICHAEL C 29 MONAGHAN ROAD EDISON NJ 08817
322-05 800804593 HOOVER GARY A 2308 & 2310 14TH AVENUE ALTOONA PA 16601
322-05 800805970 RICHARDSON LOUISE 10455 CRANCHESTER WAY ALPHARETTA GA 30022
322-05 800806242 DUGAL DANA A 275 BUFORD PLACE MACON GA 31204
322-05 800806531 MCCARRELL DAWN M 3279 S EVANSTON STREET AURORA CO 80014
322-05 800806606 CURRIE GEORGE J 29244 SHARIDALE DETROIT MI 48076
322-05 800807208 MINTZ JERRY 5754 ANTIETAM DRIVE WINSTON SALEM NC 27106
322-05 800807596 WEBB MARK W 2914 ROYAL BERKLEY MI 48072
322-05 800807679 OROARK WAYNE L 15100 SPRING MEADOWS DRIVE GERMANTOWN MD 20874
322-05 800808867 REYNOLDS LEWIS C 2989 HIGHLAND ROAD MARATHON NY 13803
322-05 800808974 MOREO MARY RUTH 1670 SWEENEY AVENUE SCRANTON PA 18508
322-05 800810301 DANCY ROCHELLE D 18950 CHERRYLAWN DETROIT MI 48223
322-05 800811317 ANDERSON ROBERT 11367 AUBURN DETROIT MI 48228
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-05 800765117 105,500.00 105,289.98 06/01/98 05/01/28 12.250 11.250 18.250 8.125
322-05 800765125 58,800.00 58,782.21 06/01/98 05/01/28 11.750 10.750 17.750 7.625
322-05 800765158 244,000.00 244,000.00 08/01/98 07/01/28 10.250 9.250 16.250 6.625
322-05 800765349 52,000.00 52,000.00 07/01/98 06/01/28 12.625 11.625 18.625 8.750
322-05 800768251 55,500.00 55,479.11 07/01/98 06/01/28 10.750 9.750 16.750 7.375
322-05 800769143 108,000.00 108,000.00 07/01/98 06/01/28 9.750 8.750 15.750 6.625
322-05 800770232 144,000.00 143,959.96 05/17/98 04/17/28 12.125 11.125 18.125 8.000
322-05 800771396 153,000.00 153,000.00 07/01/98 06/01/28 11.500 10.500 17.500 7.875
322-05 800771495 93,500.00 93,500.00 06/01/98 05/01/28 11.750 10.750 17.750 7.725
322-05 800772378 27,000.00 27,000.00 06/01/98 05/01/28 12.750 11.750 18.750 8.250
322-05 800773293 111,350.00 111,350.00 08/01/98 07/01/28 11.625 10.625 17.625 7.000
322-05 800774069 21,000.00 21,000.00 08/01/98 07/01/28 10.375 9.375 16.375 6.750
322-05 800774929 80,000.00 80,000.00 07/01/98 06/01/28 9.625 8.625 15.625 5.875
322-05 800775090 90,950.00 90,889.96 06/01/98 05/01/28 11.375 10.375 17.375 7.375
322-05 800776155 91,300.00 91,237.17 07/01/98 06/01/28 7.875 6.875 13.875 5.000
322-05 800776262 274,500.00 274,256.13 05/01/98 04/01/28 10.000 9.000 16.000 7.300
322-05 800778730 81,900.00 81,900.00 08/01/98 07/01/28 9.000 8.000 15.000 5.500
322-05 800779118 109,225.00 109,180.41 06/01/98 05/01/28 10.375 9.375 16.375 6.750
322-05 800779548 65,250.00 65,250.00 08/01/98 07/01/28 10.125 9.125 16.125 6.250
322-05 800779621 61,700.00 61,700.00 07/01/98 06/01/28 12.750 11.750 18.750 8.375
322-05 800781890 75,000.00 75,000.00 07/01/98 06/01/28 10.000 9.000 16.000 8.875
322-05 800782260 131,850.00 131,765.92 06/01/98 05/01/28 10.250 9.250 16.250 7.375
322-05 800782815 148,000.00 148,000.00 07/01/98 06/01/28 9.500 8.500 15.500 6.125
322-05 800784100 153,900.00 153,900.00 07/01/98 06/01/28 11.000 10.000 17.000 7.375
322-05 800784605 192,100.00 192,100.00 07/01/98 06/01/28 11.625 10.625 17.625 8.250
322-05 800785115 76,500.00 76,500.00 07/01/98 06/01/28 12.250 11.250 18.250 8.125
322-05 800785578 112,500.00 112,465.02 06/01/98 05/01/28 11.625 10.625 17.625 7.625
322-05 800786543 84,150.00 84,150.00 07/01/98 06/01/28 10.375 9.375 16.375 7.000
322-05 800786741 178,500.00 178,247.21 08/01/98 07/01/28 7.750 6.750 13.750 4.500
322-05 800786899 130,400.00 130,400.00 07/01/98 06/01/28 9.625 8.625 15.625 6.625
322-05 800789562 92,700.00 92,700.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800791154 268,000.00 268,000.00 08/01/98 07/01/28 8.875 7.875 14.875 6.750
322-05 800792780 48,500.00 48,500.00 07/01/98 06/01/28 9.250 8.250 15.250 6.250
322-05 800792871 63,000.00 63,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-05 800792970 85,500.00 85,500.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800794083 180,000.00 180,000.00 07/01/98 06/01/28 10.000 9.000 16.000 6.625
322-05 800795734 60,300.00 60,300.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800795882 93,400.00 93,400.00 07/01/98 06/01/28 8.750 7.750 14.750 5.000
322-05 800796021 46,400.00 46,400.00 08/01/98 07/01/28 10.375 9.375 16.375 5.750
322-05 800796591 118,575.00 118,529.13 07/01/98 06/01/28 10.625 9.625 16.625 7.500
322-05 800798373 48,450.00 48,450.00 07/01/98 06/01/28 10.750 9.750 16.750 7.200
322-05 800798829 54,400.00 54,384.43 06/01/98 05/01/28 12.000 11.000 18.000 7.875
322-05 800799652 168,000.00 167,940.10 06/01/98 05/01/28 11.000 10.000 17.000 7.625
322-05 800801045 224,650.00 224,569.90 06/01/98 05/01/28 11.000 10.000 17.000 7.375
322-05 800801912 66,816.00 66,816.00 06/01/98 05/01/28 10.750 9.750 16.750 7.375
322-05 800802365 40,000.00 40,000.00 07/01/98 06/01/28 11.375 11.375 17.375 8.375
322-05 800802381 134,100.00 134,100.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-05 800803124 129,240.00 129,240.00 07/01/98 06/01/28 10.250 9.250 16.250 6.875
322-05 800803355 49,600.00 49,600.00 08/01/98 07/01/28 10.625 9.625 16.625 6.190
322-05 800803363 45,475.00 45,475.00 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-05 800803751 108,450.00 108,409.17 06/01/98 05/01/28 10.750 9.750 16.750 7.375
322-05 800803926 127,990.00 127,940.48 05/01/98 04/01/28 10.625 9.625 16.625 7.800
322-05 800804593 40,000.00 40,000.00 08/01/98 07/01/28 9.375 8.375 15.375 5.750
322-05 800805970 248,000.00 247,887.33 06/01/98 05/01/28 9.875 8.875 15.875 6.250
322-05 800806242 102,000.00 102,000.00 07/01/98 06/01/28 9.000 8.000 15.000 5.875
322-05 800806531 100,000.00 100,000.00 08/01/98 07/01/28 8.250 7.250 14.250 5.375
322-05 800806606 145,700.00 145,649.44 06/01/98 05/01/28 11.125 10.125 17.125 7.500
322-05 800807208 62,900.00 62,900.00 08/01/98 07/01/28 8.625 7.625 14.625 5.000
322-05 800807596 124,900.00 124,900.00 08/01/98 07/01/28 10.625 9.625 16.625 6.750
322-05 800807679 499,500.00 499,500.00 08/01/98 07/01/28 8.625 7.625 14.625 5.000
322-05 800808867 30,000.00 29,986.73 06/01/98 05/01/28 10.000 9.000 16.000 5.950
322-05 800808974 44,200.00 44,200.00 07/01/98 06/01/28 12.750 11.750 18.750 8.375
322-05 800810301 90,000.00 90,000.00 08/01/98 07/01/28 11.000 10.000 17.000 7.375
322-05 800811317 51,000.00 51,000.00 07/01/98 06/01/28 11.375 10.375 17.375 7.375
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 4 6/29/98
A division of Superior Bank FSB
SALE SCHEDULE A -- CLASS II
1998-2 CLASS 2 -- 1ST SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-05 800811424 MARSHALL THOMAS 3056 CENTURY LANE BENSALEM PA 19020
322-05 800811432 BRYANT-LIEBR LYNDA 9934 NATHALINE REDFORD MI 48239
322-05 800811499 WEIDOW PAUL RR 3 BOX 3395 MOSCOW PA 18444
322-05 800811663 SOFRONSKI ANNA 716 LEVICK STREET PHILADELPHIA PA 19111
322-05 800812026 HALL CARYL 20 MAPLEWOOD DRIVE NORTHPORT NY 11768
322-05 800813172 LORA RUDIS 7637 CITRUS HILL LANE NAPLES FL 34109
322-05 800813305 HALCHAK GERALD 257 MADISON STREET WILKES BARRE PA 18705
322-05 800813487 CUMBO NICHOLAS C 3213 MICHIGAN AVENUE NIAGARA FALLS NY 14305
322-05 800815052 ETHERIDGE ANNA 131 02 225TH STREET LAURELTON NY 11413
322-05 800815334 BAEZ MIGUEL A 113 AVENUE F LODI NJ 07644
322-05 800815540 MITCHELL HARRY 2112 NORTH STATE ROAD 32 KAMAS UT 84036
322-05 800816449 PIERSON ROBERT 503 28TH AVENUE W KENNEWICK WA 99336
322-05 800818403 ELLIOTT JEFFERY L. 7 AMOKEE PLACE TIPP CITY OH 45371
322-05 800818494 ALLEN BELINDA L 2570 CATALPA DRIVE DAYTON OH 45406
322-05 800819443 WOLLETT JOHN 1352 ALLEGHENY DRIVE BLAKESLEE PA 18610
322-05 800819484 MARSHMAN ROBERT G JR 33 VIOLET AVENUE WASHINGTON PA 15301
322-05 800819492 RABBIT CHRISTOPHE 116 ADALINE STREET BATTLE CREEK MI 49017
322-05 800820508 NICKOL JEFFREY A 3442 RIDGEWOOD ROAD ATLANTA GA 30327
322-05 800820573 GRACE FELISA 334 COOPER AVENUE WOODLYNNE NJ 08107
322-05 800820912 HENNERMAN MELANIE R 2211 CLARKSON STREET DENVER CO 80205
322-05 800821282 ROA LUCINDA 579 ROWLAND ROAD GREELEY PA 18425
322-05 800821399 PARLOVE DOMINIC J 2453 FISHER ROAD HOWELL MI 48843
322-05 800821589 MAHDI JOYCE E 17190 GREENVIEW DETROIT MI 48219
322-05 800821605 YOUNG GREGORY S 60 CARLE TERRACE LAKE KATRINE NY 12449
322-05 800822975 MARIN MANUEL 204 ENGLE STREET TENAFLY NJ 07670
322-05 800823833 LUNA ALFRED P 101 WOODLAND NW ALBUQUERQUE NM 87107
322-05 800823999 JOHNSON DENE M 617 WHITERIVER AVE RIFLE CO 81650
322-05 800825929 PAWLOWSKI DANIEL E 2537 WILLIAM STREET CHEEKTOWAGA NY 14206
322-05 800826711 PIZANO MARTIN 3636 WEST HADLEY STREET PHOENIX AZ 85009
322-05 800826802 BAHRI TOM I 12971 WEST NINE MILE OAK PARK MI 48237
322-05 800826919 DEWEY LIBBY 427 SOUTH ALCOTT STREET DENVER CO 80219
322-05 800827909 WHALEN ROBERT J 798 PENN ESTATES EAST STROUDSBURG PA 18301
322-05 800828501 BITTINGER JOSEPHINE 12740 SARATOGA OAK PARK MI 48237
322-05 800829822 SALAZAR CRECENCIO E LOT 801 CANDLEWOOD ESTATES BLAKESLEE PA 18610
322-05 800829962 BOUCHER ERIC T P O BOX 161 RAILROAD STREE AUSTIN PA 16720
322-05 800830341 GARCIA STANLEY E 17876 EAST TENNESSEE PLACE AURORA CO 80017
322-05 800830432 HUNTER LOUISE 1231 CAPITAL HEIGHTS BOULE CAPITAL HEIGHTS MD 20743
322-05 800830762 NEARY DAVID J 11856 18TH AVENUE CHIPPEWA FALLS WI 54729
322-05 800830903 MCGRAW JAMES C 1319 INDEPENDENCE DRIVE COLLEGE PLACE WA 99324
322-05 800830911 BOWDEN DOUGLAS L 1009 NORTH 6TH STREET WEATHERFORD OK 73096
322-05 800831109 ZHELESNIK MARY ANN 94 TWINING FORD ROAD RICHBORO PA 18954
322-05 800831257 ISMAIL SULAIMEN 33 35 DAGOBERT STREET WILKES BARRE PA 18702
322-05 800831323 WEITZ EDWARD W 670 BURKE ROAD MOSCOW PA 18444
322-05 800832487 BARBEE DAMON 18930 COYLE DETROIT MI 48235
322-05 800832834 ROJAS FRANKLIN G 1439 LEOPOLD STREET JASPER IN 47546
322-05 800833014 MITTON O LAMAR 4859 SOUTH BIRCH CREEK DRI SOUTH OGDEN UT 84403
322-05 800833188 HORVATH DENNIS J 11141 VIRGINIA AVE N CHAMPLIN MN 55316
322-05 800833642 MISEL ROBERT A 10140 CLEAR CREEK ROAD COLORADO SPRINGS CO 80920
322-05 800833907 GOODWIN REX D 155 WEST 100 SOUTH LEWISTON UT 84320
322-05 800834244 SADIK WALEED 2651 COMMON ROAD WARREN MI 48092
322-05 800834707 PARDUE STACY R. 1204 W 9TH STREET ANDERSON IN 46016
322-05 800835753 BANNON MICHAEL R 111 INDEPENDENCE BLVD HANOVER PA 18702
322-05 800836074 GIARDINA JOSEPH 17 BIRCHWOOD COURT MIDDLESEX NJ 08846
322-05 800836264 WESLEY SHERRY E 4536 MERRYGOLD BOUKLEVARD WARRENSVILLE HEIGHTS OH 44128
322-05 800836850 MUNNS KELLY A 1195 VALLEY HILLS BOULEVAR HEBER UT 84032
322-05 800836926 MORELLI RODOLFO 4311 NORTH 64TH AVENUE PHOENIX AZ 85033
322-05 800837023 ZEIDERS JACOB W 814 COACH WAY ANNAPOLIS MD 21401
322-05 800837064 DOUGLAS CHRISTOPHE 62 PUTNAM AVENUE BROOKLYN NY 11238
322-05 800837734 PEREZ IGNACIO 5003 BUCKBOARD ROAD ARLINGTON TX 76017
322-05 800838435 ARGUE MICHELLE M 2420 ARTIST INTERLOCHEN MI 49643
322-05 800838575 ARNOLD KATHLEEN T 2318 COUNTRY ROAD 318 IGNACIO CO 81137
322-05 800838955 COLLINS SUSAN K 4730 HUNTERS GREEN DRIVE FORT MYERS FL 33905
322-05 800839060 STINGLEY LAURA 1183 E MURRAY HOLLADAY BLV SALT LAKE CITY UT 84117
322-05 800840084 BAILEY ROY D 167 FLORIDA AVENUE MOUNT WASHINGTON KY 40047
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-05 800811424 108,500.00 108,500.00 08/01/98 07/01/28 10.625 9.625 16.625 6.750
322-05 800811432 72,200.00 72,161.58 06/01/98 05/01/28 9.125 8.125 15.125 5.375
322-05 800811499 72,000.00 72,000.00 07/01/98 06/01/28 12.625 11.625 18.625 8.750
322-05 800811663 68,000.00 67,948.57 06/01/98 05/01/28 10.750 9.750 16.750 6.750
322-05 800812026 242,250.00 242,250.00 08/01/98 07/01/28 9.375 8.375 15.375 6.000
322-05 800813172 182,750.00 182,750.00 08/01/98 07/01/28 10.875 9.875 16.875 7.000
322-05 800813305 62,100.00 62,100.00 07/01/98 06/01/28 10.000 9.000 16.000 7.000
322-05 800813487 46,750.00 46,720.78 06/01/98 05/01/28 11.625 10.625 17.625 7.450
322-05 800815052 85,000.00 85,000.00 08/01/98 07/01/28 8.125 7.125 14.125 4.750
322-05 800815334 160,000.00 160,000.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800815540 88,900.00 88,900.00 07/01/98 06/01/28 11.625 10.625 17.625 8.000
322-05 800816449 90,000.00 90,000.00 08/01/98 07/01/28 10.250 9.250 16.250 6.500
322-05 800818403 82,400.00 82,400.00 08/01/98 07/01/28 11.875 10.875 17.875 8.937
322-05 800818494 64,000.00 64,000.00 07/01/98 06/01/28 8.250 7.250 14.250 4.875
322-05 800819443 128,000.00 127,940.28 06/01/98 05/01/28 9.750 8.750 15.750 6.550
322-05 800819484 28,800.00 28,800.00 08/01/98 07/01/28 11.625 10.625 17.625 7.500
322-05 800819492 40,500.00 40,500.00 07/01/98 06/01/28 11.125 10.125 17.125 7.750
322-05 800820508 283,500.00 283,500.00 07/01/98 06/01/28 9.625 8.625 15.625 5.875
322-05 800820573 27,920.00 27,920.00 08/01/98 07/01/28 12.500 12.500 18.500 9.500
322-05 800820912 99,450.00 99,450.00 07/01/98 06/01/28 11.250 10.250 17.250 7.875
322-05 800821282 82,000.00 82,000.00 08/01/98 07/01/28 7.875 6.875 13.875 4.500
322-05 800821399 178,500.00 178,397.30 06/01/98 05/01/28 8.750 7.750 14.750 5.000
322-05 800821589 76,500.00 76,500.00 07/01/98 06/01/28 10.250 9.250 16.250 7.375
322-05 800821605 67,500.00 67,500.00 08/01/98 07/01/28 9.625 8.625 15.625 6.250
322-05 800822975 115,000.00 115,000.00 07/01/98 06/01/28 10.500 9.500 16.500 6.875
322-05 800823833 77,668.00 77,668.00 08/01/98 07/01/28 10.125 9.125 16.125 6.750
322-05 800823999 94,500.00 94,500.00 08/01/98 07/01/28 9.625 8.625 15.625 6.250
322-05 800825929 55,165.00 55,165.00 07/01/98 06/01/28 11.500 10.500 17.500 7.875
322-05 800826711 48,800.00 48,787.50 06/01/98 05/01/28 12.500 11.500 18.500 8.625
322-05 800826802 43,200.00 43,200.00 07/01/98 06/01/28 8.875 7.875 14.875 5.750
322-05 800826919 95,000.00 94,952.03 06/01/98 05/01/28 9.375 8.375 15.375 6.375
322-05 800827909 110,700.00 110,700.00 07/01/98 06/01/28 9.375 8.375 15.375 5.750
322-05 800828501 34,200.00 34,200.00 07/01/98 06/01/28 8.875 7.875 14.875 5.125
322-05 800829822 145,900.00 145,900.00 07/01/98 06/01/28 12.375 11.375 18.375 8.625
322-05 800829962 19,800.00 19,800.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-05 800830341 102,000.00 102,000.00 07/01/98 06/01/28 11.000 10.000 17.000 7.875
322-05 800830432 73,600.00 73,584.54 07/01/98 06/01/28 13.375 12.375 19.375 9.500
322-05 800830762 73,950.00 73,950.00 07/01/98 06/01/28 12.250 11.250 18.250 8.375
322-05 800830903 84,915.00 84,915.00 08/01/98 07/01/28 10.875 9.875 16.875 6.250
322-05 800830911 60,350.00 60,350.00 08/01/98 07/01/28 10.625 9.625 16.625 6.750
322-05 800831109 123,000.00 123,000.00 07/01/98 06/01/28 8.375 7.375 14.375 5.500
322-05 800831257 64,000.00 64,000.00 08/01/98 07/01/28 10.875 9.875 16.875 7.250
322-05 800831323 78,300.00 78,300.00 08/01/98 07/01/28 9.625 8.625 15.625 6.250
322-05 800832487 56,900.00 56,900.00 07/01/98 06/01/28 11.375 10.375 17.375 7.375
322-05 800832834 68,000.00 68,000.00 07/01/98 06/01/28 13.250 12.250 19.250 9.125
322-05 800833014 140,250.00 140,250.00 07/01/98 06/01/28 11.000 10.000 17.000 7.875
322-05 800833188 81,200.00 81,200.00 07/01/98 06/01/28 12.500 11.500 18.500 8.125
322-05 800833642 216,000.00 216,000.00 08/01/98 07/01/28 9.375 8.375 15.375 6.250
322-05 800833907 69,625.00 69,625.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-05 800834244 113,000.00 113,000.00 07/01/98 06/01/28 8.000 8.000 14.000 5.000
322-05 800834707 30,100.00 30,100.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800835753 189,000.00 189,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.500
322-05 800836074 95,000.00 95,000.00 08/01/98 07/01/28 11.250 10.250 17.250 7.375
322-05 800836264 61,200.00 61,149.81 05/01/98 04/01/28 10.375 9.375 16.375 6.950
322-05 800836850 298,000.00 298,000.00 07/01/98 06/01/28 10.500 9.500 16.500 6.500
322-05 800836926 72,250.00 72,219.71 06/01/98 05/01/28 10.250 9.250 16.250 6.250
322-05 800837023 520,000.00 520,000.00 08/01/98 07/01/28 7.875 6.875 13.875 5.500
322-05 800837064 255,000.00 255,000.00 08/01/98 07/01/28 11.625 10.625 17.625 7.600
322-05 800837734 112,000.00 112,000.00 08/01/98 07/01/28 12.125 11.125 18.125 8.000
322-05 800838435 44,000.00 44,000.00 07/01/98 06/01/28 13.375 12.375 19.375 9.500
322-05 800838575 165,000.00 165,000.00 07/01/98 06/01/28 9.875 8.875 15.875 6.250
322-05 800838955 42,400.00 42,400.00 08/01/98 07/01/28 11.625 10.625 17.625 7.500
322-05 800839060 105,400.00 105,400.00 08/01/98 07/01/28 10.125 9.125 16.125 6.500
322-05 800840084 59,200.00 59,200.00 08/01/98 07/01/28 8.125 7.125 14.125 5.000
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 5 6/29/98
A division of Superior Bank FSB
SALE SCHEDULE A -- CLASS II
1998-2 CLASS 2 -- 1ST SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-05 800840498 ALGAHIM HUSAIN 1624 WYOMING DEARBORN MI 48120
322-05 800840522 ROTHSCHILD LANCE M 1931 CHAPEL HILLS DRIVE COLORADO SPRINGS CO 80920
322-05 800840852 HUYCK RAYMOND T JR HC 64 BOX 507 TROUT RUN PA 17771
322-05 800841397 NASTASI JAMES 8408 106TH AVENUE OZONE PARK NY 11417
322-05 800841587 BENNER BRYCE R LOT 12R OAK STREET PORT MATILDA PA 16870
322-05 800841900 GATKE PAM 224 08 133RD AVENUE LAURELTON NY 11413
322-05 800841918 WALSH JOSEPH A 404 CARNATION DRIVE CLARKS SUMMIT PA 18411
322-05 800842148 WILSON WAYNE 401 WELSFORD ROAD FAIRLESS HILLS PA 19030
322-05 800843344 BICKFORD BARBARA 5800 17TH AVENUE NORTH ST PETERSBURG FL 33710
322-05 800844755 PINCUS JOYCE 861 TUDOR DRIVE TOMS RIVER NJ 08753
322-05 800845406 TURNER MICHAEL T 525 NORTH TEMPLE ST INDIANAPOLIS IN 46201
322-05 800846131 REYNOLDS JAMES C 1836 SOUTH VALRICO ROAD VALRICO FL 33594
322-05 800846206 WOLFLEY CHARLOTTE CAROL 498 EAST HEATHER ROAD OREM UT 84097
322-05 800846792 MCGIVERN JASON A 2917 2919 E NORTH STREET INDIANAPOLIS IN 46201
322-05 800846826 MYERS DWAYNE E 5 N BALTIMORE STREET FRANKLINTOWN PA 17323
322-05 800847394 ROBERSON LESLIE W 11 BROWNWOOD PLACE LONGVIEW TX 75602
322-05 800847501 DALY DENISE A 4315 & 4319 ZUNI STREET DENVER CO 80211
322-05 800847535 LAM AI THU 2538 STRESA LANE GRAND PRAIRIE TX 75052
322-05 800848111 NACE ELAINE 2700 NORTHWEST 35TH TERRAC LAUDERDALE LAKES FL 33311
322-05 800850281 CATLIN DANIEL N 405 SOUTH CHELAN STREET RITZVILLE WA 99169
322-05 800850661 BENNETT CLARK 3099 CANTERBURY DRIVE BAY CITY MI 48706
322-05 800851180 BLANCO JOSE 439 NOSTRAND AVENUE CENTRAL ISLIP NY 11722
322-05 800851347 TOMBERLIN JAMES H 413 MOBLEY STREET VIENNA GA 31092
322-05 800851511 GUY MARK E 307 CHESTNUT STREET JEANNETTE PA 15644
322-05 800852410 POPIELA TIMOTHY L 370 GOFFLE ROAD HAWTHORNE NJ 07506
322-05 800852535 HUGGINS WILLIAM D 931 ORCHARD COURT DUQUESNE PA 15110
322-05 800853269 SANDERS TERRY S 4010 LEXINGTON PLACE SOUTH SEATTLE WA 98118
322-05 800853319 ALVAREZ MODESTO 448 SOUTH 17TH STREET NEWARK NJ 07103
322-05 800853632 MATHIS CASSANDRA D 1314 MEADOW CREEK DRIVE LANCASTER TX 75146
322-05 800853962 PARRY BRIAN 1722 WEST 2700 SOUTH SYRACUSE UT 84075
322-05 800854929 PIMENTEL GINA L 1147 INDUSTRIAL AVENUE POTTSTOWN PA 19464
322-05 800855884 BOEN RICHARD 11313 NORTH 5600 WEST HIGHLAND UT 84003
322-05 800856676 KOEKER JOHN DAVID 1490 SOUTH BISCAY COURT AURORA CO 80013
322-05 800856825 KOEKER JOHN DAVID 12124 EAST OREGON DRIVE AURORA CO 80012
322-05 800856890 KOEKER JOHN DAVID 1594 SOUTH MOBILE STREET AURORA CO 80017
322-05 800856957 KOEKER JOHN DAVID 848 SALEM STREET AURORA CO 80011
322-05 800857229 MCKENRICK DAN 11025 BELLAIRE CIRCLE THORNTON CO 80233
322-05 800857245 NEVE SUE F 2415 WEST UINTAH STREET COLORADO SPRINGS CO 80904
322-05 800859597 SHINN VIRGINIA LEE 9642 EAST ORCHARD DRIVE ENGLEWOOD CO 80111
322-05 800862187 COURTIER CAROL J 194 MAIN STREET DELHI NY 13753
322-05 800862575 PARMAR PRAKASH 8 WESTCOTT ROAD STAMFORD CT 06902
322-05 800862815 RICE HELEN 812 S 18TH STREET ELWOOD IN 46036
322-05 800863045 WILLIS AJ 28790 MONTEREY DR SOUTHFIELD MI 48076
322-05 800863599 MULVERHILL JOHN F 113 MARILYN AVENUE NORTH SYRACUSE NY 13212
322-05 800863623 LYNCH KEVIN 1621 IRIS LAKEWOOD CO 80215
322-05 800863730 KORENSKI DAVID LOT 24 MOUNTAIN VIEW ESTAT BLAKESLEE PA 18610
322-05 800864076 AKSELRUD VALERY 49 LISBON PLACE STATEN ISLAND NY 10306
322-05 800864100 HANCHETT MYRON G 375 SOUTH ANGEL STREET LAYTON UT 84041
322-05 800864472 TATE CATHY ANN 2377 KIRKWOOD PIKE KIRKWOOD PA 17536
322-05 800864480 SCHELL KARL E 841 LOCUST GROVE ROAD MIDDLETOWN PA 17057
322-05 800864985 VELAZQUEZ BETTY JEAN RT2 BOX 594X, SR1126 HENDERSON NC 27536
322-05 800865685 MILLIMAN ARTHUR R 1125 BRIARCLIFF FLINT MI 48532
322-05 800865875 RAINES J. SCOTT 107 KNOTTSBERRY WAY IRMO SC 29063
322-05 800866279 BLOSCH MARVIN 545 SOUTH 100 EAST BOUNTIFUL UT 84010
322-05 800866527 GRAY RICHARD A 19517 NORTH 78TH LANE GLENDALE AZ 85308
322-05 800866592 NAFSO THAIR A 5439 POCONO DRIVE WEST BLOOMFIELD MI 48322
322-05 800867129 GARCIA MICHAEL 6021 WEST OSBORN ROAD PHOENIX AZ 85033
322-05 800868564 ERICKSON WALLACE D 691 EAST 2350 NORTH OGDEN UT 84414
322-05 800869166 JORSTAD KATHLEEN ANNE 35 SUTHERLAND ROAD MANITOU SPRINGS CO 80829
322-05 800869331 ROBERDS WENDY 1095 EAST 5235 SOUTH SALT LAKE CITY UT 84117
322-05 800869364 VINSON LESLIE D 25 NORTH FULTON AVENUE BALTIMORE MD 21223
322-05 800869992 JONES JEANELLE V 406 BOWEN DRIVE WARNER ROBBINS GA 31088
322-05 800870131 FOUST ROBERT A 1880 BASCOM LANE MIDLAND NC 28107
322-05 800870354 MERRILL TIM R 4668 SOUTH WESTVIEW DRIVE SALT LAKE CITY UT 84124
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-05 800840498 67,500.00 67,500.00 08/01/98 07/01/28 9.625 9.625 15.625 6.625
322-05 800840522 118,800.00 118,800.00 08/01/98 07/01/28 9.125 8.125 15.125 6.250
322-05 800840852 140,400.00 140,400.00 08/01/98 07/01/28 8.250 8.250 14.250 5.500
322-05 800841397 118,800.00 118,800.00 08/01/98 07/01/28 8.500 8.500 14.500 5.500
322-05 800841587 120,000.00 119,960.58 06/01/98 05/01/28 11.375 10.375 17.375 7.375
322-05 800841900 122,400.00 122,400.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800841918 80,750.00 80,750.00 07/01/98 06/01/28 10.750 9.750 16.750 7.375
322-05 800842148 128,000.00 128,000.00 07/01/98 06/01/28 13.000 12.000 19.000 9.375
322-05 800843344 67,500.00 67,500.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800844755 92,000.00 92,000.00 07/01/98 06/01/28 9.750 8.750 15.750 6.250
322-05 800845406 51,000.00 51,000.00 08/01/98 07/01/28 11.375 10.375 17.375 7.000
322-05 800846131 200,000.00 200,000.00 08/01/98 07/01/28 8.375 7.375 14.375 5.000
322-05 800846206 118,400.00 118,324.50 07/01/98 06/01/28 10.250 9.250 16.250 6.875
322-05 800846792 13,600.00 13,594.60 07/01/98 06/01/28 10.500 9.500 16.500 6.250
322-05 800846826 56,750.00 56,750.00 07/01/98 06/01/28 10.000 9.000 16.000 6.250
322-05 800847394 73,780.00 73,780.00 08/01/98 07/01/28 10.875 9.875 16.875 7.000
322-05 800847501 93,600.00 93,600.00 07/01/98 06/01/28 9.500 8.500 15.500 6.125
322-05 800847535 87,700.00 87,700.00 07/01/98 06/01/28 8.750 8.750 14.750 5.500
322-05 800848111 72,250.00 72,250.00 08/01/98 07/01/28 10.875 9.875 16.875 6.500
322-05 800850281 36,000.00 36,000.00 07/01/98 06/01/28 9.125 8.125 15.125 5.250
322-05 800850661 60,800.00 60,800.00 08/01/98 07/01/28 11.875 10.875 17.875 8.000
322-05 800851180 112,500.00 112,500.00 07/01/98 06/01/28 10.750 9.750 16.750 7.375
322-05 800851347 51,000.00 51,000.00 08/01/98 07/01/28 10.500 9.500 16.500 6.250
322-05 800851511 20,400.00 20,400.00 08/01/98 07/01/28 10.500 9.500 16.500 6.250
322-05 800852410 184,500.00 184,500.00 07/01/98 06/01/28 9.875 8.875 15.875 6.750
322-05 800852535 21,250.00 21,250.00 08/01/98 07/01/28 10.500 9.500 16.500 6.250
322-05 800853269 119,200.00 119,146.71 07/01/98 06/01/28 13.125 12.125 19.125 9.750
322-05 800853319 92,000.00 91,916.06 04/01/98 03/01/28 9.875 8.875 15.875 6.800
322-05 800853632 83,206.00 83,206.00 07/01/98 06/01/28 10.125 9.125 16.125 6.500
322-05 800853962 234,000.00 234,000.00 07/01/98 06/01/28 10.250 9.250 16.250 7.125
322-05 800854929 75,200.00 75,200.00 08/01/98 07/01/28 9.500 8.500 15.500 6.000
322-05 800855884 348,500.00 348,500.00 07/01/98 06/01/28 11.500 10.500 17.500 7.875
322-05 800856676 98,880.00 98,880.00 07/01/98 06/01/28 8.500 7.500 14.500 6.125
322-05 800856825 90,800.00 90,800.00 07/01/98 06/01/28 8.500 7.500 14.500 6.125
322-05 800856890 98,000.00 98,000.00 08/01/98 07/01/28 8.500 7.500 14.500 6.125
322-05 800856957 81,520.00 81,520.00 07/01/98 06/01/28 8.500 7.500 14.500 6.125
322-05 800857229 121,500.00 121,500.00 08/01/98 07/01/28 8.875 7.875 14.875 6.250
322-05 800857245 106,675.00 106,675.00 07/01/98 06/01/28 10.375 9.375 16.375 6.750
322-05 800859597 251,000.00 251,000.00 08/01/98 07/01/28 9.375 8.375 15.375 6.500
322-05 800862187 24,300.00 24,300.00 06/01/98 05/01/28 10.375 9.375 16.375 6.950
322-05 800862575 293,250.00 293,250.00 08/01/98 07/01/28 8.875 7.875 14.875 5.000
322-05 800862815 44,100.00 44,100.00 08/01/98 07/01/28 9.125 8.125 15.125 5.750
322-05 800863045 168,000.00 168,000.00 07/01/98 06/01/28 8.625 7.625 14.625 5.000
322-05 800863599 55,890.00 55,890.00 08/01/98 07/01/28 10.500 9.500 16.500 6.250
322-05 800863623 104,000.00 104,000.00 08/01/98 07/01/28 9.625 8.625 15.625 5.750
322-05 800863730 136,000.00 136,000.00 07/01/98 06/01/28 11.750 11.750 17.750 8.750
322-05 800864076 191,160.00 191,160.00 07/01/98 06/01/28 11.000 10.000 17.000 7.375
322-05 800864100 168,300.00 168,300.00 07/01/98 06/01/28 11.250 10.250 17.250 7.875
322-05 800864472 100,800.00 100,746.67 08/01/98 07/01/28 12.375 11.375 18.375 8.250
322-05 800864480 136,800.00 136,681.66 08/01/98 07/01/28 10.125 9.125 16.125 6.250
322-05 800864985 79,200.00 79,200.00 08/01/98 07/01/28 11.375 10.375 17.375 7.250
322-05 800865685 112,500.00 112,500.00 08/01/98 07/01/28 10.875 9.875 16.875 6.500
322-05 800865875 120,150.00 120,150.00 08/01/98 07/01/28 10.125 9.125 16.125 6.250
322-05 800866279 109,875.00 109,875.00 07/01/98 06/01/28 10.250 9.250 16.250 7.125
322-05 800866527 162,350.00 162,350.00 07/01/98 06/01/28 9.000 8.000 15.000 5.875
322-05 800866592 169,500.00 169,500.00 07/01/98 06/01/28 8.750 8.750 14.750 5.750
322-05 800867129 42,700.00 42,700.00 07/01/98 06/01/28 10.000 9.000 16.000 6.375
322-05 800868564 110,000.00 110,000.00 07/01/98 06/01/28 8.875 7.875 14.875 5.375
322-05 800869166 164,050.00 164,050.00 08/01/98 07/01/28 8.000 7.000 14.000 5.000
322-05 800869331 144,500.00 144,500.00 08/01/98 07/01/28 10.500 9.500 16.500 6.250
322-05 800869364 35,520.00 35,520.00 08/01/98 07/01/28 8.500 7.500 14.500 5.000
322-05 800869992 89,600.00 89,600.00 08/01/98 07/01/28 11.000 10.000 17.000 8.000
322-05 800870131 90,100.00 90,100.00 07/02/98 06/02/28 10.125 9.125 16.125 6.750
322-05 800870354 176,000.00 176,000.00 07/01/98 06/01/28 10.250 9.250 16.250 7.875
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 6 6/29/98
A division of Superior Bank FSB
SALE SCHEDULE A -- CLASS II
1998-2 CLASS 2 -- 1ST SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-05 800870446 DOWNS VIRGINIA A 15908 SE 48TH DRIVE BELLEVUE WA 98006
322-05 800870826 MCALPINE HERBERT 450 AUBURN STREET ALLENTOWN PA 18102
322-05 800871139 ANDREYTCHEV GUEORGUI 6896 80TH AVENUE NORTH PINELLAS PARK FL 33781
322-05 800872764 SCHUTTE MICHAEL R 6492 HOLLANSBURG ARCANUM R ARCANUM OH 45304
322-05 800872996 WISSER BEVERLY ANN 4642 S ELKRIDGE DRIVE TUCSON AZ 85730
322-05 800873200 BRUCH VICTOR J 128 KLINE STREET BANGOR PA 18013
322-05 800873416 RABEH REMONE W 504 NORTH SECOND STREET ALLENTOWN PA 18102
322-05 800873457 GREEN WILLIAM D 108 MELLADEE LANE MORRICE MI 48857
322-05 800873473 WILLIS CALVIN D 1501 E KELLY ST. INDPLS IN 46203
322-05 800873499 HAFTL CHERYL A 2005 S DELAWARE STREET ALLENTOWN PA 18103
322-05 800875023 PORTILLO JOSE F 5701 FENWICK DRIVE ALEXANDRIA VA 22303
322-05 800877029 BLANK GERALD D 771 PEQUEA AVENUE GAP PA 17527
322-05 800877268 STEWARD DELORES 7820 TEMPLE ROAD PHILADELPHIA PA 19150
322-05 800877706 KORENBLITT BARRY T 12929 NORTH 72ND AVENUE PEORIA AZ 85381
322-05 800877821 MCMILLAN JONATHAN D 135 WYNDMERE ROAD EVESHAM TOWNSHIP NJ 08053
322-05 800877888 DE LA FUENTE JOHN 4819 EAST SUNNYSIDE DRIVE PHOENIX AZ 85254
322-05 800878282 THOMPSON MICHAEL A 184 UPPER GLENWAY PALMER LAKE CO 80133
322-05 800878548 CANNING JOANNE G 2883 FAIRHAVEN DRIVE TOBYHANNA PA 18466
322-05 800880999 BYERS JAY WILLIAM 927 & 929 E HILL AVENUE MOSES LAKE WA 98837
322-05 800881005 PARQUET LLOYD J JR 2697 CAMELOT COURT DULULTH GA 30096
322-05 800882334 MAHABIR DHARAMDEI 740 MERIDIAN AVENUE LAKELAND FL 33801
322-05 800883043 ADAMS RICHARD O. 4517 CENTRAL AVE INDPLS IN 46205
322-05 800883191 KINDELL KEITH T 104 LEXINGTON AVE DAYTON OH 45407
322-05 800884132 FAKIH NABIL 6417 LONGACRE DETROIT MI 48228
322-05 800884231 GOOD LOREEN D 140 LONG LANE KIRKWOOD PA 17536
322-05 800884397 PHILLIPS KENNETH 262 ELM FOREST WAY RIVERDALE GA 30274
322-05 800885659 MCLAUGHLIN-C KELLY 454 ATLANTIC AVENUE SOMERS POINT NJ 08244
322-05 800885949 ACCARDI MARIE F 1007 STAFFORD AVENUE SCRANTON PA 18505
322-05 800887655 BURELL DERRICK A. 321 WEST 9TH STREET FROST PROOF FL 33843
322-05 800887994 MARINO JAMES 1629 HEMLOCK FARMS HAWLEY PA 18428
322-05 800888299 ROBERTO WILLIAM A 77 TIMROD TRAIL GLASTONBURY CT 06033
322-05 800889065 SMITH CLIFFORD B 4772 SOUTH REDTAIL HAWK BA SALT LAKE CITY UT 84117
322-05 800889388 ALEXANDER EDWIN P 3786 ROCK HOLLOW COURT CONLEY GA 30027
322-05 800889644 CARROLL REX H 898 EAST LA CASA CIRCLE SANDY UT 84094
322-05 800889826 MILLER MARK E 8933 WEST TIERRA BUENA LAN PEORIA AZ 85382
322-05 800890915 MONTGOMERY LOUISE 8836 PEMBROKE DEROIT MI 48221
322-05 800892762 CARBAJAL NICOLAS E 4202 EAST EVERETTE DRIVE PHOENIX AZ 85032
322-05 800893687 GAINES GARRY S 7981 DEERFIELD ROAD TOBYHANNA PA 18466
322-05 800893778 JENKINS SHEILA R 1272 MOUNT VERNON AVENUE AKRON OH 44310
322-05 800893901 EEROLA TEPPO 5004 9TH AVENUE SOUTH GULFPORT FL 33707
322-05 800894263 HUMPHREY DANIEL 116 WEST HANLON STREET TAMPA FL 33604
322-05 800895070 DASCOMB VERN P 904 SE 123RD AVENUE VANCOUVER WA 98683
322-05 800896185 LUGO PEDRO 8112 NORTH 13TH PLACE PHOENIX AZ 85020
322-05 800896698 TICAK SONJA 20685 HILLIARD ROAD ROCKY RIVER OH 44116
322-05 800896797 EDWARDS LAURA L 17224 WILDEMERE DETROIT MI 48221
322-05 800897373 COULTER ANTHONY P. 105 GREYBRIDGE COURT CLAYTON NC 27520
322-05 800897506 LAUCHNOR PATRICIA A E 6366 OPOSSUM LANE SLATINGTON PA 18080
322-05 800897811 TRICE WILLIE 1829 BROOKWOOD ROAD JACKSONVILLE FL 32207
322-05 800898165 KOEKER JOHN DAVID 520 LANSING STREET AURORA CO 80010
322-05 800898504 ABER RICK E 145 NIBLICK WAY YARNELL AZ 85332
322-05 800899007 CAMPBELL YVONNE ROSS 105 HOWARD STREET NEW BRUNSWICK NJ 08901
322-05 800899429 TAYLOR SHARON 6751 NORTH 13TH STREET #4L PHILADELPHIA PA 19126
322-05 800899999 KOSTA ROBERT M 1018 83RD STREET BROOKLYN NY 11228
322-05 800900821 IEZZI RONNIE L 25 FALCON DRIVE SOUTHAMPTON NJ 08088
322-05 800901209 LONG JOHN T 1932 LANDON AVENUE JACKSONVILLE FL 32207
322-05 800901274 NAGEL TOM W 0318 EAGLE STREET A GYPSUM CO 81637
322-05 800901985 FRENCH BARBARA JO 3286 RINDA LANE CINCINNATI OH 45239
322-05 800902553 NEUMUELLER RONALD L 8343 WEST AVENIDA DEL SOL PEORIA AZ 85382
322-05 800904807 KHOURY NASSAR 5752 143RD STREET MIDLOTHIAN IL 60445
322-05 800906158 FORSYTHE LINDA 2134 SOUTH BANCROFT STREET PHILADELPHIA PA 19145
322-05 800907115 ABERNATHY DEBORAH J 2931 UNION STREET NORTON OH 44203
322-05 800908097 JOHNSTON CLARISSA 5 SYCAMORE ROAD PHOENIX AZ 86336
322-05 800909616 MIDDEE THASANA 3770 BEL PRE ROAD #1 SILVER SPRING MD 20906
322-05 800911562 MAULDEN MICHAEL 1028 SUMMIT DRIVE JUSTIN TX 76247
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-05 800870446 233,750.00 233,750.00 08/01/98 07/01/28 7.875 6.875 13.875 4.125
322-05 800870826 22,500.00 22,500.00 08/01/98 07/01/28 9.875 8.875 15.875 6.250
322-05 800871139 58,500.00 58,500.00 08/01/98 07/01/28 10.125 9.125 16.125 6.250
322-05 800872764 59,400.00 59,400.00 08/01/98 07/01/28 10.125 9.125 16.125 6.250
322-05 800872996 86,400.00 86,400.00 08/01/98 07/01/28 8.125 7.125 14.125 5.000
322-05 800873200 51,750.00 51,750.00 08/01/98 07/01/28 11.500 10.500 17.500 7.250
322-05 800873416 56,100.00 56,100.00 08/01/98 07/01/28 10.750 9.750 16.750 6.250
322-05 800873457 95,400.00 95,400.00 07/01/98 06/01/28 10.500 9.500 16.500 7.375
322-05 800873473 67,000.00 67,000.00 08/01/98 07/01/28 10.500 9.500 16.500 6.250
322-05 800873499 55,165.00 55,165.00 08/01/98 07/01/28 10.750 9.750 16.750 6.250
322-05 800875023 108,000.00 108,000.00 07/01/98 06/01/28 9.625 8.625 15.625 6.250
322-05 800877029 83,200.00 83,200.00 08/01/98 07/01/28 10.875 9.875 16.875 7.000
322-05 800877268 30,000.00 30,000.00 07/01/98 06/01/28 10.375 9.375 16.375 6.000
322-05 800877706 174,250.00 174,144.44 07/01/98 06/01/28 8.500 7.500 14.500 4.750
322-05 800877821 140,630.00 140,630.00 08/01/98 07/01/28 10.875 9.875 16.875 6.750
322-05 800877888 207,000.00 207,000.00 07/01/98 06/01/28 9.500 8.500 15.500 5.875
322-05 800878282 151,200.00 151,200.00 08/01/98 07/01/28 9.625 8.625 15.625 6.250
322-05 800878548 87,550.00 87,550.00 08/01/98 07/01/28 8.625 7.625 14.625 5.000
322-05 800880999 120,800.00 120,800.00 08/01/98 07/01/28 9.000 8.000 15.000 5.750
322-05 800881005 93,510.00 93,510.00 07/01/98 06/01/28 10.375 9.375 16.375 6.625
322-05 800882334 36,000.00 36,000.00 08/01/98 07/01/28 11.375 10.375 17.375 7.500
322-05 800883043 98,000.00 98,000.00 08/01/98 07/01/28 11.875 10.875 17.875 7.250
322-05 800883191 157,250.00 157,250.00 08/01/98 07/01/28 11.750 10.750 17.750 7.375
322-05 800884132 58,000.00 58,000.00 08/01/98 07/01/28 10.625 9.625 16.625 6.625
322-05 800884231 114,500.00 114,500.00 08/01/98 07/01/28 10.375 9.375 16.375 6.500
322-05 800884397 98,910.00 98,910.00 07/01/98 06/01/28 10.500 9.500 16.500 6.875
322-05 800885659 60,000.00 59,970.49 08/01/98 07/01/28 9.500 8.500 15.500 5.500
322-05 800885949 66,000.00 66,000.00 08/01/98 07/01/28 9.125 8.125 15.125 5.750
322-05 800887655 28,500.00 28,500.00 08/01/98 07/01/28 9.375 8.375 15.375 5.250
322-05 800887994 136,000.00 136,000.00 08/01/98 07/01/28 10.875 9.875 16.875 7.500
322-05 800888299 317,200.00 317,200.00 08/01/98 07/01/28 13.375 12.375 19.375 8.750
322-05 800889065 216,665.00 216,665.00 07/01/98 06/01/28 10.875 9.875 16.875 6.750
322-05 800889388 76,882.00 76,882.00 08/01/98 07/01/28 10.750 9.750 16.750 6.250
322-05 800889644 195,415.00 195,415.00 08/01/98 07/01/28 9.625 8.625 15.625 6.000
322-05 800889826 84,900.00 84,900.00 07/01/98 06/01/28 11.125 10.125 17.125 7.125
322-05 800890915 49,600.00 49,600.00 08/01/98 07/01/28 13.625 12.625 19.625 9.500
322-05 800892762 93,000.00 93,000.00 07/01/98 06/01/28 11.125 10.125 17.125 7.000
322-05 800893687 159,800.00 159,800.00 08/01/98 07/01/28 9.875 8.875 15.875 6.000
322-05 800893778 29,900.00 29,887.12 06/01/98 05/01/28 10.125 9.125 16.125 5.950
322-05 800893901 48,000.00 48,000.00 08/01/98 07/01/28 8.750 7.750 14.750 5.000
322-05 800894263 47,200.00 47,200.00 08/01/98 07/01/28 11.250 10.250 17.250 7.000
322-05 800895070 85,150.00 85,150.00 08/01/98 07/01/28 12.625 11.625 18.625 8.250
322-05 800896185 190,000.00 190,000.00 08/01/98 07/01/28 9.500 8.500 15.500 5.750
322-05 800896698 112,800.00 112,800.00 08/01/98 07/01/28 12.125 11.125 18.125 8.000
322-05 800896797 140,000.00 140,000.00 07/01/98 06/01/28 9.125 8.125 15.125 5.750
322-05 800897373 84,065.00 84,065.00 08/01/98 07/01/28 11.625 10.625 17.625 7.000
322-05 800897506 114,250.00 114,250.00 08/01/98 07/01/28 9.125 8.125 15.125 6.250
322-05 800897811 93,500.00 93,500.00 08/01/98 07/01/28 10.625 9.625 16.625 6.500
322-05 800898165 96,000.00 96,000.00 08/01/98 07/01/28 8.500 7.500 14.500 6.125
322-05 800898504 42,000.00 42,000.00 08/01/98 07/01/28 10.125 9.125 16.125 6.375
322-05 800899007 70,000.00 70,000.00 08/01/98 07/01/28 12.375 11.375 18.375 8.000
322-05 800899429 39,200.00 39,200.00 08/01/98 07/01/28 9.750 8.750 15.750 6.000
322-05 800899999 164,000.00 164,000.00 08/01/98 07/01/28 10.500 10.500 16.500 7.500
322-05 800900821 197,200.00 197,200.00 08/01/98 07/01/28 9.375 8.375 15.375 5.500
322-05 800901209 43,200.00 43,200.00 08/01/98 07/01/28 9.875 8.875 15.875 5.750
322-05 800901274 115,000.00 115,000.00 08/01/98 07/01/28 9.125 8.125 15.125 5.250
322-05 800901985 57,000.00 56,964.39 08/01/98 07/01/28 11.625 10.625 17.625 7.500
322-05 800902553 233,500.00 233,500.00 07/01/98 06/01/28 10.000 9.000 16.000 6.875
322-05 800904807 205,000.00 204,627.78 02/01/98 01/01/28 11.000 11.000 17.000 8.450
322-05 800906158 33,150.00 33,150.00 08/01/98 07/01/28 10.500 9.500 16.500 6.250
322-05 800907115 38,250.00 38,250.00 07/01/98 06/01/28 11.250 10.250 17.250 7.000
322-05 800908097 251,600.00 251,600.00 08/01/98 07/01/28 9.875 8.875 15.875 6.500
322-05 800909616 57,800.00 57,800.00 08/01/98 07/01/28 8.750 7.750 14.750 4.750
322-05 800911562 119,000.00 119,000.00 08/01/98 07/01/28 9.625 8.625 15.625 6.250
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING Page 7 6/29/98
A division of Superior Bank FSB
SALE SCHEDULE A -- CLASS II
1998-2 CLASS 2 -- 1ST SUBSEQUENT TRANSFER OF ADJUSTABLE RATE MORTGAGES -- SETTLEMENT 6/29/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
322-05 800911844 VOLINSKY JEAN E 348 NORTH GARFIELD AVENUE SCRANTON PA 18504
322-05 800912768 SMITH BENJAMIN C 5622 NORTH UBER STREET PHILADELPHIA PA 19141
322-05 800912982 OSBORNE ROBERT S 6935 SYLMAR COURT HUBER HEIGHTS OH 45424
322-05 800914095 LEISE MARIA H MENDEZ 4557 WEST ALHAMBRA CIRCLE NAPLES FL 34103
322-05 800917429 FARRELL JAMES 1519 RIVER STREET HYDE PARK MA 02136
322-05 800921017 VARGAS EFREN 1505 EAST VILLA THERESA DR PHOENIX AZ 85022
322-05 800927618 VIRKUS LUANNE L 11627 QUIVAS CIRCLE WESTMINSTER CO 80234
---------------------------------------
338 Sale Total
389 Grand Total Class II
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Pool ID Account Origination Balance Date Date Rate Rate Rate Margin
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
322-05 800911844 52,000.00 52,000.00 08/01/98 07/01/28 9.625 8.625 15.625 5.750
322-05 800912768 46,000.00 46,000.00 08/01/98 07/01/28 10.125 9.125 16.125 5.750
322-05 800912982 119,900.00 119,900.00 06/01/98 05/01/28 11.375 10.375 17.375 7.250
322-05 800914095 81,600.00 81,600.00 08/01/98 07/01/28 10.750 10.750 16.750 7.500
322-05 800917429 111,350.00 111,350.00 08/01/98 07/01/28 10.250 9.250 16.250 6.750
322-05 800921017 211,100.00 211,100.00 08/01/98 07/01/28 9.000 8.000 15.000 5.875
322-05 800927618 240,000.00 240,000.00 08/01/98 07/01/28 10.625 9.625 16.625 8.000
--------------------------------------------- ---------------------------------------
338 36,881,727.00 36,875,305.80 10.293 9.351 16.293 6.784
389 41,482,167.00 41,472,143.64 10.311 9.364 16.311 6.783
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Page 1
Alliance Funding Sale Schedule B - Class II
A division of Superior Bank FSB 1998-2 Class 2 - 1st Subsequent Transfer of Adjustable Rate Mortgages - Settlement 6/29/98
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
32204 161637731 LE BLANC MICHEAL PAUL 27,000.00 1 241.95 26,977.26 60.0
32204 800314395 TEEL BERNARD D 160,110.00 1 1,539.91 159,650.85 90.0
32204 800371536 O KEEFE ROBERT N 171,000.00 3 1,644.64 170,572.97 90.0
32204 800506875 LITTLEFIELD WADE DEAN 145,800.00 1 1,347.33 145,571.42 90.0
32204 800515165 POWELL ROBERT 63,070.00 1 606.60 62,912.73 75.9
32204 800521221 WILLIAMS MILTON 104,000.00 5 951.33 103,874.92 80.0
32204 800538084 ZHAK MIKHAIL 111,200.00 2 1,027.60 111,025.63 80.0
32204 800551467 HUNEYCUTT JOSEPH R JR 94,500.00 1 838.05 94,459.29 70.0
32204 800556896 ROCCOGRANDI JAMES 52,000.00 1 470.82 51,935.73 80.0
32204 800578783 REITENBACH RALPH R JR 16,195.00 1 151.18 16,182.75 40.4
32204 800581050 MCFARLAND SAMUEL D 54,000.00 1 468.91 53,925.79 90.0
32204 800592313 PAREDES LINDA B 58,000.00 3 482.42 57,911.45 80.0
32204 800600504 GEORGIEV GEORGE 57,400.00 2 493.15 57,346.22 70.0
32204 800602385 OLSON TERRANCE 102,000.00 1 1,059.01 101,942.95 85.0
32204 800619678 DARLINGTON DALE 55,250.00 1 484.86 55,200.91 85.0
32204 800624934 WARREN DELORES 92,000.00 2 824.41 91,922.51 80.0
32204 800632812 FORSTER DENNIS J 32,000.00 1 326.08 31,981.08 80.0
32204 800635922 HODGE TRACY 50,400.00 3 523.27 50,371.82 80.0
32204 800638611 WESTERFIELD CECIL 30,400.00 1 315.63 30,382.99 80.0
32204 800641144 KAY EDDIE J 54,400.00 1 487.48 54,127.54 85.0
32204 800643934 TOMASICHIO DOLORES M 165,700.00 1 1,562.37 165,578.03 85.8
32204 800645145 LAROCHE PIERRE PAUL 143,100.00 3 1,308.99 142,985.78 90.0
32204 800653057 DESHAZER LOREN 200,000.00 1 1,961.53 199,934.30 80.0
32204 800656910 CORBETT PAIGE 135,150.00 8 979.93 134,963.37 85.0
32204 800661159 DOUGLAS GREGORY 192,600.00 4 1,816.01 192,529.43 90.0
32204 800663015 MARCANO MARIA 54,000.00 1 424.82 53,906.11 90.0
32204 800670127 MILLER MICHAEL 54,000.00 7 656.84 53,912.08 60.0
32204 800686396 ANDRETTA CHRISTINE A 52,000.00 2 441.99 51,975.09 80.0
32204 800687428 BLOCK DONALD 79,200.00 7 746.77 79,170.98 90.0
32204 800718967 SANDS DWIGHT D 62,050.00 1 556.03 62,023.98 85.0
32204 800727331 MOORE LINDA LEIGH 56,100.00 7 539.73 56,100.00 85.0
32204 800727919 LAW DWIGHT M 36,000.00 4 366.84 35,978.72 80.0
32204 800748733 JUDGE JAMES C 187,000.00 2 1,538.40 186,903.06 85.0
32204 800756462 TURNER MARY G 119,700.00 7 1,017.44 119,700.00 90.0
32204 800788358 MCDONALD BOBBY M 75,600.00 7 691.55 75,600.00 90.0
32204 800788960 OWEN MARILYN C 64,600.00 2 560.95 64,570.65 85.0
32204 800794612 ARNOLD STEVEN 75,600.00 2 588.01 75,510.41 80.0
32204 800796542 SMITH JOANNE K 92,000.00 2 798.88 92,000.00 80.0
32204 800802506 VINCENT DEIDRE P 31,950.00 7 327.07 31,950.00 79.8
32204 800806978 WILLARD WILLIAM R 111,600.00 7 848.24 111,600.00 80.0
32204 800807265 SIMMONS SAMMY EARL 86,400.00 7 814.66 86,400.00 90.0
32204 800809956 MATHIS MICHAEL S 76,415.00 8 635.58 76,415.00 85.0
32204 800817959 COLES ANTHONY 41,650.00 2 338.88 41,650.00 85.0
32204 800825697 EADS WILLIAM 70,550.00 7 672.43 70,454.04 85.0
32204 800827628 RIDENOUR FRED M 84,150.00 7 730.71 84,150.00 90.0
32204 800855397 MITCHELL STANLEY 94,800.00 7 849.50 94,800.00 80.0
32204 800870511 GOSTENIK RICHARD D 162,400.00 8 1,515.97 162,400.00 80.0
32204 800871147 MERISIER JEAN 149,200.00 8 1,200.50 149,200.00 80.0
32204 800872897 FUS MARIA 83,200.00 2 737.84 83,200.00 80.0
32204 800874554 POLLARD BRIAN 114,000.00 8 968.99 114,000.00 75.0
32204 800911554 HILLIARD JOHNNEY 119,000.00 7 957.50 119,000.00 85.0
---------------------------------------------------------- -------------------------------------------
51 Sale Total 4,600,440.00 41,439.58 4,596,837.84 83.3
32205 800509127 BAGLEY CATHY 39,200.00 1 362.25 39,122.81 70.0
32205 800537714 HUMPHRIES MARIBEL 86,400.00 1 897.04 86,302.37 80.0
32205 800551509 HUFF PHYLLIS 94,500.00 1 899.95 94,365.27 90.0
32205 800597759 JOHNSON BETTY 202,475.00 1 2,299.28 202,432.47 80.9
32205 800603870 JAKSA MARTIN E 97,300.00 1 880.96 96,960.77 84.9
32205 800614687 MARLOWE WILLIAM V 85,000.00 7 884.60 85,000.00 84.1
32205 800635344 BERNARDO JAMES 66,000.00 1 616.10 65,975.15 60.0
32205 800665853 ADAMS WILLIAM F 104,000.00 1 1,039.83 103,967.67 80.0
32205 800666612 HACKMAN JAMES L 88,200.00 1 774.02 88,095.44 90.0
32205 800671620 MARSH TRACY 71,400.00 1 580.94 71,362.00 85.0
32205 800672404 DEAN DAVID A 79,650.00 1 612.44 79,601.75 90.0
</TABLE>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
32204 161637731 04/01/00 10.250 45,000.00 N
32204 800314395 10/01/99 11.125 177,900.00 Y
32204 800371536 10/01/99 11.125 190,000.00 Y
32204 800506875 02/01/00 10.625 162,000.00 Y
32204 800515165 11/01/99 11.125 83,000.00 Y
32204 800521221 02/01/00 10.500 130,000.00 Y
32204 800538084 01/01/00 10.625 139,000.00 Y
32204 800551467 04/01/00 10.125 135,000.00 N
32204 800556896 03/01/00 10.375 65,000.00 N
32204 800578783 04/01/00 10.750 40,000.00 Y
32204 800581050 03/01/00 9.875 60,000.00 Y
32204 800592313 03/01/00 9.375 72,500.00 Y
32204 800600504 03/01/00 9.750 82,000.00 N
32204 800602385 03/01/00 12.125 120,000.00 Y
32204 800619678 04/01/00 10.000 65,000.00 Y
32204 800624934 04/01/00 10.250 115,000.00 Y
32204 800632812 04/01/00 11.875 40,000.00 Y
32204 800635922 04/01/00 12.125 63,000.00 Y
32204 800638611 04/01/00 12.125 38,000.00 Y
32204 800641144 04/01/00 10.250 64,000.00 Y
32204 800643934 04/01/00 10.875 193,000.00 Y
32204 800645145 03/01/00 10.500 159,000.00 Y
32204 800653057 04/01/00 11.375 250,000.00 Y
32204 800656910 04/01/00 7.875 159,000.00 Y
32204 800661159 04/01/00 10.875 214,000.00 Y
32204 800663015 04/01/00 8.750 60,000.00 Y
32204 800670127 04/01/00 13.625 90,000.00 Y
32204 800686396 04/01/00 9.625 65,000.00 Y
32204 800687428 06/01/00 10.875 88,000.00 Y
32204 800718967 04/01/00 10.250 73,000.00 Y
32204 800727331 07/01/00 10.750 66,000.00 Y
32204 800727919 04/01/00 11.875 45,000.00 Y
32204 800748733 04/01/00 9.250 220,000.00 Y
32204 800756462 06/01/00 9.625 133,000.00 Y
32204 800788358 06/01/00 10.500 84,000.00 Y
32204 800788960 06/01/00 9.875 76,000.00 Y
32204 800794612 11/01/98 8.625 94,500.00 Y
32204 800796542 07/01/00 9.875 115,000.00 Y
32204 800802506 06/01/00 10.875 40,000.00 Y
32204 800806978 06/01/00 8.375 139,500.00 Y
32204 800807265 06/01/00 10.875 96,000.00 Y
32204 800809956 07/01/00 9.375 89,900.00 Y
32204 800817959 06/01/00 9.125 49,000.00 Y
32204 800825697 07/01/00 10.625 83,000.00 Y
32204 800827628 07/01/00 9.875 93,500.00 Y
32204 800855397 06/01/00 10.250 118,500.00 Y
32204 800870511 07/01/00 10.750 203,000.00 Y
32204 800871147 07/01/00 9.000 186,500.00 Y
32204 800872897 07/01/00 10.125 104,000.00 Y
32204 800874554 07/01/00 9.625 152,000.00 Y
32204 800911554 07/01/00 9.000 140,000.00 Y
------------ ---------------------------------
51 10.273 5,565,800.00
32205 800509127 07/01/98 10.625 56,000.00 Y
32205 800537714 01/01/00 12.125 108,000.00 Y
32205 800551509 02/01/00 11.000 105,000.00 Y
32205 800597759 05/01/00 13.375 250,000.00 Y
32205 800603870 03/01/00 10.375 114,500.00 Y
32205 800614687 06/01/00 11.125 100,975.00 Y
32205 800635344 05/01/00 10.750 110,000.00 N
32205 800665853 04/01/00 11.625 130,000.00 Y
32205 800666612 05/01/00 10.000 98,000.00 Y
32205 800671620 05/01/00 9.125 84,000.00 Y
32205 800672404 11/01/98 8.500 88,500.00 Y
<PAGE>
<TABLE>
<CAPTION>
Page 2
Alliance Funding Sale Schedule B - Class II
A division of Superior Bank FSB 1998-2 Class 2 - 1st Subsequent Transfer of Adjustable Rate Mortgages - Settlement 6/29/98
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
32205 800673576 SCULAC NICHOLAS 429,000.00 1 3,490.49 428,541.66 65.0
32205 800676512 SNELL PATREECE A 73,000.00 1 743.87 73,000.00 59.8
32205 800678237 OSBORNE WILLIAM T 78,400.00 1 813.99 78,378.18 80.0
32205 800678856 SMITH TERRY 64,000.00 1 707.97 63,985.36 80.0
32205 800679029 THOMAS KENNETH 180,000.00 1 1,320.78 179,757.63 75.9
32205 800683872 TEIXEIRA DEIDRE A 112,000.00 1 1,087.82 111,924.02 80.0
32205 800685430 HURLEY LAURA 94,500.00 1 882.14 94,464.42 70.0
32205 800686321 BISHOP JEFFERY 100,000.00 1 1,106.20 99,954.02 80.0
32205 800688541 KIRKLAND BETTY J 131,800.00 1 1,445.10 131,769.00 80.8
32205 800690265 GLENN CHARISE 52,000.00 1 539.89 51,985.53 80.0
32205 800693855 BEEBE MARJORIE ANN 20,400.00 1 207.88 20,400.00 80.0
32205 800695058 JAMES RICHARD A 162,400.00 1 1,780.61 162,400.00 81.2
32205 800697138 FUENTES ORLANDA E 36,400.00 1 399.10 36,400.00 65.0
32205 800697310 COLATRELLA JOHN 64,000.00 1 555.74 63,941.62 80.0
32205 800697377 BROWN SANDRA 292,000.00 4 3,059.86 291,920.97 79.8
32205 800697443 LEGACY ROBERT E 145,700.00 1 1,498.69 145,616.20 80.9
32205 800697617 LYKINS GLENN M 72,000.00 1 645.20 71,939.35 90.0
32205 800699217 ELLIOTT PAMELA B 309,000.00 1 2,598.24 308,848.01 68.6
32205 800703068 VANGELOFF GEORGE M 102,000.00 1 885.72 101,906.93 81.6
32205 800704504 WILSON ANTHONY S 64,800.00 1 710.50 64,769.34 80.0
32205 800705212 VIGIL HELEN 86,250.00 1 962.53 86,250.00 75.0
32205 800706814 BROOKS JACQUELINE M 117,000.00 7 878.98 117,000.00 90.0
32205 800708521 DAVIS RONALD M 60,000.00 1 594.17 59,980.83 80.0
32205 800714016 WEIK CATHY 57,600.00 1 654.10 57,600.00 80.0
32205 800714990 ROGERS ROSEMARIA 151,200.00 3 1,397.23 151,141.51 90.0
32205 800715187 MORRIS DOW TASHA 68,000.00 1 772.20 67,971.48 80.0
32205 800715443 SCHAMANEK GAIL 150,000.00 1 1,100.65 149,899.35 40.6
32205 800717639 CAVE MICHAEL P 33,750.00 1 334.22 33,721.17 75.0
32205 800718264 CURLEY JAMES M 154,700.00 1 1,458.65 154,643.32 85.9
32205 800718421 SCHMIDT JAMES A 52,000.00 1 437.25 51,974.42 80.0
32205 800718447 DEION ANN MARIE 87,500.00 1 874.86 87,472.80 72.9
32205 800718538 WEYDIG CHARLES T 180,000.00 1 1,497.15 179,909.10 85.7
32205 800719296 FASOLINO ROBYN 156,000.00 1 1,269.27 156,000.00 80.0
32205 800722175 SABIR ANNE T 36,000.00 1 373.77 35,979.86 80.0
32205 800722332 GRIFFIN BRIAN L 53,000.00 1 479.87 53,000.00 84.1
32205 800725889 CASCADDEN DAVID L 68,940.00 3 605.00 68,909.50 60.0
32205 800727034 FALKENSTEIN DAVID E 58,400.00 1 617.62 58,400.00 80.0
32205 800727109 LANESKI JOSEPH M 76,500.00 1 750.28 76,500.00 85.0
32205 800727208 SAN AGUSTIN MYRNA 140,000.00 1 1,126.48 140,000.00 80.0
32205 800730046 SHAH ADAM 347,000.00 1 2,854.68 347,000.00 77.1
32205 800731317 DISS DAVID W 64,600.00 7 664.48 64,581.52 85.0
32205 800731556 WILLIAMS DEBORAH DARLENE 92,700.00 1 787.94 92,700.00 90.0
32205 800732273 LIGHTY WALTER F 125,100.00 1 1,167.78 125,100.00 90.0
32205 800734097 LABAR DANIEL M 36,400.00 1 370.92 36,400.00 80.0
32205 800738379 ORTALANO THOMAS J 62,900.00 1 534.64 62,900.00 85.0
32205 800739922 HADDAD JEHAD 68,000.00 1 686.40 67,958.66 80.0
32205 800741399 RIVERA MIGUEL 77,200.00 1 586.78 77,200.00 80.0
32205 800741910 CARTER ROBERT J 147,600.00 1 1,134.92 147,510.58 90.0
32205 800745655 SECRIST KIRK C 156,400.00 1 1,230.40 156,310.02 85.0
32205 800745747 BITTNER WILLIAM C 118,150.00 1 1,102.91 118,150.00 85.0
32205 800746182 BIELICKI KRZYSZTOF S 144,000.00 1 1,508.97 144,000.00 80.0
32205 800749657 AMES KURT S 111,600.00 1 1,000.05 111,506.00 90.0
32205 800751356 ACKER DEANNA TOLAR 51,000.00 1 471.29 50,960.37 85.0
32205 800753568 ATTANASIO DEAN M 303,750.00 1 2,362.54 303,750.00 70.8
32205 800753881 MOORE MONICA 103,500.00 3 1,005.26 103,500.00 75.0
32205 800754038 KIDWELL RICKY R 164,000.00 1 1,424.10 163,924.59 89.1
32205 800754830 DAVISON JUDY 124,950.00 3 1,073.51 124,950.00 85.0
32205 800754871 FRY NATHAN W 103,500.00 1 870.28 103,449.10 84.1
32205 800755753 MC QUAID ANTHONY LEE 56,900.00 1 437.51 56,900.00 76.8
32205 800756066 POLISTIN MARIE 150,300.00 1 1,346.84 150,300.00 90.0
32205 800757411 FIRLEY RAYMOND 46,750.00 1 423.28 46,750.00 85.0
32205 800761249 SMITH BARBARA A 70,400.00 3 758.18 70,364.79 80.0
32205 800761769 WOOTEN KEITH J 148,000.00 1 1,395.48 148,000.00 80.0
32205 800764128 DENT JEFFREY A 52,200.00 1 487.28 52,200.00 90.0
</TABLE>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
32205 800673576 04/01/00 9.125 660,000.00 Y
32205 800676512 07/01/00 11.875 122,000.00 Y
32205 800678237 05/01/00 12.125 98,000.00 Y
32205 800678856 05/01/00 13.000 80,000.00 Y
32205 800679029 04/01/00 8.000 237,000.00 Y
32205 800683872 04/01/00 11.250 140,000.00 Y
32205 800685430 04/01/00 10.750 135,000.00 Y
32205 800686321 03/01/00 13.000 125,000.00 Y
32205 800688541 05/01/00 12.875 163,000.00 Y
32205 800690265 11/01/98 12.125 65,000.00 Y
32205 800693855 06/01/00 11.875 25,500.00 Y
32205 800695058 06/01/00 12.875 200,000.00 Y
32205 800697138 06/01/00 12.875 56,000.00 Y
32205 800697310 04/01/00 9.875 80,000.00 Y
32205 800697377 10/01/98 12.250 365,500.00 Y
32205 800697443 10/01/98 12.000 180,000.00 Y
32205 800697617 04/01/00 10.250 80,000.00 Y
32205 800699217 05/01/00 9.500 450,000.00 Y
32205 800703068 05/01/00 9.875 125,000.00 Y
32205 800704504 05/01/00 12.875 81,000.00 Y
32205 800705212 06/01/00 13.125 115,000.00 Y
32205 800706814 06/01/00 8.250 130,000.00 Y
32205 800708521 04/01/00 11.500 75,000.00 Y
32205 800714016 06/01/00 13.375 72,000.00 Y
32205 800714990 05/01/00 10.625 168,000.00 Y
32205 800715187 04/01/00 13.375 85,000.00 Y
32205 800715443 05/01/00 8.000 368,600.00 Y
32205 800717639 05/01/00 11.500 45,000.00 N
32205 800718264 04/01/00 10.875 180,000.00 Y
32205 800718421 05/01/00 9.500 65,000.00 Y
32205 800718447 06/01/00 11.625 120,000.00 Y
32205 800718538 06/01/00 9.375 210,000.00 Y
32205 800719296 06/01/00 9.125 195,000.00 Y
32205 800722175 04/01/00 12.125 45,000.00 Y
32205 800722332 06/01/00 10.375 63,000.00 Y
32205 800725889 05/01/00 10.000 114,900.00 N
32205 800727034 06/01/00 12.375 73,000.00 Y
32205 800727109 07/01/00 11.375 90,000.00 Y
32205 800727208 06/01/00 9.000 175,000.00 Y
32205 800730046 05/08/00 9.250 450,000.00 Y
32205 800731317 05/01/00 12.000 76,000.00 Y
32205 800731556 06/01/00 9.625 103,000.00 Y
32205 800732273 06/01/00 10.750 139,000.00 Y
32205 800734097 06/01/00 11.875 45,500.00 Y
32205 800738379 07/01/00 9.625 74,000.00 Y
32205 800739922 04/01/00 11.750 85,000.00 Y
32205 800741399 07/01/00 8.375 96,500.00 Y
32205 800741910 05/01/00 8.500 164,000.00 Y
32205 800745655 05/01/00 8.750 184,000.00 Y
32205 800745747 07/01/00 10.750 139,000.00 Y
32205 800746182 06/01/00 12.250 180,000.00 Y
32205 800749657 04/01/00 10.250 124,000.00 Y
32205 800751356 06/01/00 10.625 60,000.00 Y
32205 800753568 07/01/00 8.625 428,800.00 Y
32205 800753881 06/01/00 11.250 138,000.00 Y
32205 800754038 05/01/00 9.875 184,000.00 Y
32205 800754830 06/01/00 9.750 147,000.00 Y
32205 800754871 05/01/00 9.500 123,000.00 Y
32205 800755753 06/01/00 8.500 74,000.00 Y
32205 800756066 11/01/98 10.250 167,000.00 Y
32205 800757411 06/01/00 10.375 55,000.00 Y
32205 800761249 07/01/00 12.625 88,000.00 Y
32205 800761769 06/01/00 10.875 185,000.00 Y
32205 800764128 06/01/00 10.750 58,000.00 Y
<PAGE>
<TABLE>
<CAPTION>
Page 3
Alliance Funding Sale Schedule B - Class II
A division of Superior Bank FSB 1998-2 Class 2 - 1st Subsequent Transfer of Adjustable Rate Mortgages - Settlement 6/29/98
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
32205 800765117 JONES DEBORAH M 105,500.00 1 1,105.53 105,289.98 84.4
32205 800765125 JORDAN FRANK 58,800.00 3 593.53 58,782.21 70.0
32205 800765158 BJORK PHILLIP 244,000.00 1 2,186.49 244,000.00 80.0
32205 800765349 OWEN JEFF A 52,000.00 1 560.02 52,000.00 80.0
32205 800768251 SHANER LARRY 55,500.00 1 518.08 55,479.11 88.8
32205 800769143 SUPPLE JOSEPH 108,000.00 3 927.89 108,000.00 90.0
32205 800770232 WEISS PAMELA 144,000.00 1 1,495.07 143,959.96 80.0
32205 800771396 FLAHERTY KWANE 153,000.00 3 1,515.15 153,000.00 85.0
32205 800771495 WILLIAMS OYELEYE F 93,500.00 4 943.80 93,500.00 85.0
32205 800772378 ROGERS CONNIE 27,000.00 1 293.41 27,000.00 36.9
32205 800773293 YOUNG CARY 111,350.00 1 1,113.32 111,350.00 85.0
32205 800774069 GRADWELL RAYMOND K 21,000.00 1 190.14 21,000.00 84.0
32205 800774929 PRENTISS JOHN 80,000.00 1 679.99 80,000.00 66.6
32205 800775090 WICKS DAVID W 90,950.00 1 892.01 90,889.96 85.0
32205 800776155 BAKER WILLIAM 91,300.00 3 661.99 91,237.17 84.9
32205 800776262 GAZAK STEPHEN J 274,500.00 1 2,408.93 274,256.13 90.0
32205 800778730 MENSAH JOYCE 81,900.00 3 658.99 81,900.00 90.0
32205 800779118 ELBERT DENISE 109,225.00 1 988.93 109,180.41 85.0
32205 800779548 TAYLOR SHATONYA 65,250.00 1 578.65 65,250.00 90.0
32205 800779621 GARDNER DAVID 61,700.00 1 670.49 61,700.00 64.9
32205 800781890 POLITO JOYCE 75,000.00 2 658.18 75,000.00 83.3
32205 800782260 VARGAS RAYMONDO RASCON 131,850.00 1 990.55 131,765.92 90.0
32205 800782815 FRUNER JOHN D 148,000.00 1 1,244.46 148,000.00 80.0
32205 800784100 JOBSON KARL 153,900.00 3 1,465.62 153,900.00 90.0
32205 800784605 STACKS KEITH L 192,100.00 1 1,920.69 192,100.00 85.0
32205 800785115 SHOTWELL SHANE C 76,500.00 1 685.52 76,500.00 85.0
32205 800785578 DAVIS TRACY G 112,500.00 1 1,124.82 112,465.02 90.0
32205 800786543 BOWEN KATHY 84,150.00 1 761.90 84,150.00 90.0
32205 800786741 SOLLORANO SOLEDAD AQUINO 178,500.00 1 1,278.80 178,247.21 85.0
32205 800786899 GRIFFIN PETER 130,400.00 1 1,108.39 130,400.00 80.0
32205 800789562 OWUSU ANSAH JOSEPH 92,700.00 1 804.96 92,700.00 90.0
32205 800791154 CHRISTIE DOUGLAS R 268,000.00 1 2,132.33 268,000.00 84.8
32205 800792780 WAGNER BONNIE J 48,500.00 1 399.00 48,500.00 89.8
32205 800792871 KREGER JEFFREY H 63,000.00 1 547.06 63,000.00 90.0
32205 800792970 MARTINEZ FERNANDO 85,500.00 1 742.44 85,500.00 90.0
32205 800794083 ESPOSITO LAURENCE R 180,000.00 1 1,579.63 180,000.00 90.0
32205 800795734 WARD ARCHIE G 60,300.00 1 523.61 60,300.00 90.0
32205 800795882 BITA DANIEL 93,400.00 1 734.78 93,400.00 84.9
32205 800796021 PADGETT BECKY J 46,400.00 1 420.11 46,400.00 80.0
32205 800796591 LANG KATHERYN L 118,575.00 1 1,095.75 118,529.13 85.0
32205 800798373 GLOVER DENYSE M 48,450.00 1 452.27 48,450.00 85.0
32205 800798829 CHESTNUT MARCIA 54,400.00 1 559.57 54,384.43 80.0
32205 800799652 GLAZIER JOHN A 168,000.00 1 1,599.90 167,940.10 88.8
32205 800801045 PEDRO CELIA R 224,650.00 1 2,139.39 224,569.90 79.9
32205 800801912 DREW GENA R 66,816.00 1 623.71 66,816.00 90.0
32205 800802365 TRACY DAVID M 40,000.00 1 392.31 40,000.00 79.2
32205 800802381 HAWKS CLINT N 134,100.00 1 972.32 134,100.00 90.0
32205 800803124 BRASWELL SIDNEY G 129,240.00 1 1,158.12 129,240.00 90.0
32205 800803355 ADAMS BARBARA J 49,600.00 2 458.35 49,600.00 76.3
32205 800803363 SARRATT ROOSEVELT 45,475.00 1 415.98 45,475.00 85.0
32205 800803751 WILLIAMS DONALD G 108,450.00 1 1,012.36 108,409.17 90.0
32205 800803926 ESPOSITO MICHAEL C 127,990.00 1 1,182.75 127,940.48 88.2
32205 800804593 HOOVER GARY A 40,000.00 3 332.70 40,000.00 80.0
32205 800805970 RICHARDSON LOUISE 248,000.00 1 2,153.50 247,887.33 80.0
32205 800806242 DUGAL DANA A 102,000.00 1 820.72 102,000.00 80.0
32205 800806531 MCCARRELL DAWN M 100,000.00 1 751.27 100,000.00 75.7
32205 800806606 CURRIE GEORGE J 145,700.00 1 1,401.32 145,649.44 84.9
32205 800807208 MINTZ JERRY 62,900.00 1 489.23 62,900.00 85.0
32205 800807596 WEBB MARK W 124,900.00 1 1,154.20 124,900.00 84.9
32205 800807679 OROARK WAYNE L 499,500.00 1 3,885.06 499,500.00 79.5
32205 800808867 REYNOLDS LEWIS C 30,000.00 1 263.27 29,986.73 60.1
32205 800808974 MOREO MARY RUTH 44,200.00 1 480.32 44,200.00 65.0
32205 800810301 DANCY ROCHELLE D 90,000.00 1 857.09 90,000.00 90.0
32205 800811317 ANDERSON ROBERT 51,000.00 1 500.19 51,000.00 85.0
</TABLE>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
32205 800765117 05/01/00 12.250 125,000.00 Y
32205 800765125 05/01/00 11.750 84,000.00 N
32205 800765158 07/01/00 10.250 305,000.00 Y
32205 800765349 06/01/00 12.625 65,000.00 Y
32205 800768251 06/01/00 10.750 62,500.00 Y
32205 800769143 06/01/00 9.750 120,000.00 Y
32205 800770232 04/17/00 12.125 180,000.00 Y
32205 800771396 06/01/00 11.500 180,000.00 Y
32205 800771495 05/01/00 11.750 110,000.00 Y
32205 800772378 05/01/00 12.750 73,000.00 N
32205 800773293 07/01/00 11.625 131,000.00 Y
32205 800774069 07/01/00 10.375 25,000.00 Y
32205 800774929 06/01/00 9.625 120,000.00 Y
32205 800775090 05/01/00 11.375 107,000.00 Y
32205 800776155 06/01/00 7.875 107,500.00 N
32205 800776262 04/01/00 10.000 305,000.00 Y
32205 800778730 07/01/00 9.000 91,000.00 Y
32205 800779118 05/01/00 10.375 128,500.00 Y
32205 800779548 07/01/00 10.125 72,500.00 Y
32205 800779621 06/01/00 12.750 95,000.00 Y
32205 800781890 06/01/00 10.000 90,000.00 Y
32205 800782260 05/01/00 8.250 146,500.00 Y
32205 800782815 06/01/00 9.500 185,000.00 Y
32205 800784100 06/01/00 11.000 171,000.00 Y
32205 800784605 06/01/00 11.625 226,000.00 Y
32205 800785115 06/01/00 10.250 90,000.00 Y
32205 800785578 05/01/00 11.625 125,000.00 Y
32205 800786543 06/01/00 10.375 93,500.00 Y
32205 800786741 07/01/00 7.750 210,000.00 Y
32205 800786899 06/01/00 9.625 163,000.00 Y
32205 800789562 07/01/00 9.875 103,000.00 Y
32205 800791154 07/01/00 8.875 316,000.00 Y
32205 800792780 06/01/00 9.250 54,000.00 Y
32205 800792871 06/01/00 9.875 70,000.00 Y
32205 800792970 07/01/00 9.875 95,000.00 Y
32205 800794083 06/01/00 10.000 200,000.00 Y
32205 800795734 07/01/00 9.875 67,000.00 Y
32205 800795882 06/01/00 8.750 109,900.00 Y
32205 800796021 07/01/00 10.375 58,000.00 Y
32205 800796591 06/01/00 10.625 139,500.00 Y
32205 800798373 06/01/00 10.750 57,000.00 Y
32205 800798829 05/01/00 12.000 68,000.00 Y
32205 800799652 05/01/00 11.000 189,000.00 Y
32205 800801045 05/01/00 11.000 280,828.00 N
32205 800801912 05/01/00 10.750 74,240.00 Y
32205 800802365 12/01/98 11.375 50,500.00 Y
32205 800802381 06/01/00 7.875 149,000.00 Y
32205 800803124 06/01/00 10.250 143,600.00 Y
32205 800803355 07/01/00 10.625 65,000.00 Y
32205 800803363 06/01/00 10.500 53,500.00 Y
32205 800803751 05/01/00 10.750 120,500.00 Y
32205 800803926 04/01/00 10.625 145,000.00 Y
32205 800804593 07/01/00 9.375 50,000.00 N
32205 800805970 05/01/00 9.875 310,000.00 Y
32205 800806242 06/01/00 9.000 127,500.00 Y
32205 800806531 07/01/00 8.250 132,000.00 Y
32205 800806606 05/01/00 11.125 171,500.00 Y
32205 800807208 07/01/00 8.625 74,000.00 Y
32205 800807596 07/01/00 10.625 147,000.00 Y
32205 800807679 07/01/00 8.625 628,000.00 Y
32205 800808867 05/01/00 10.000 49,900.00 Y
32205 800808974 06/01/00 12.750 68,000.00 Y
32205 800810301 07/01/00 11.000 100,000.00 Y
32205 800811317 06/01/00 11.375 60,000.00 Y
<PAGE>
<TABLE>
<CAPTION>
Page 4
Alliance Funding Sale Schedule B - Class II
A division of Superior Bank FSB 1998-2 Class 2 - 1st Subsequent Transfer of Adjustable Rate Mortgages - Settlement 6/29/98
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
32205 800811424 MARSHALL THOMAS 108,500.00 3 1,002.65 108,500.00 84.9
32205 800811432 BRYANT-LIEBR LYNDA 72,200.00 1 587.45 72,161.58 84.9
32205 800811499 WEIDOW PAUL 72,000.00 1 775.42 72,000.00 80.0
32205 800811663 SOFRONSKI ANNA 68,000.00 1 634.77 67,948.57 85.0
32205 800812026 HALL CARYL 242,250.00 1 2,014.91 242,250.00 85.0
32205 800813172 LORA RUDIS 182,750.00 1 1,723.13 182,750.00 85.0
32205 800813305 HALCHAK GERALD 62,100.00 1 544.97 62,100.00 81.7
32205 800813487 CUMBO NICHOLAS C 46,750.00 1 467.43 46,720.78 85.0
32205 800815052 ETHERIDGE ANNA 85,000.00 1 631.12 85,000.00 51.5
32205 800815334 BAEZ MIGUEL A 160,000.00 1 1,389.36 160,000.00 80.0
32205 800815540 MITCHELL HARRY 88,900.00 1 755.64 88,900.00 70.0
32205 800816449 PIERSON ROBERT 90,000.00 1 806.49 90,000.00 75.0
32205 800818403 ELLIOTT JEFFERY L. 82,400.00 1 839.66 82,400.00 75.5
32205 800818494 ALLEN BELINDA L 64,000.00 1 480.82 64,000.00 75.2
32205 800819443 WOLLETT JOHN 128,000.00 1 1,099.72 127,940.28 80.0
32205 800819484 MARSHMAN ROBERT G JR 28,800.00 1 287.95 28,800.00 80.0
32205 800819492 RABBIT CHRISTOPHE 40,500.00 1 389.52 40,500.00 90.0
32205 800820508 NICKOL JEFFREY A 283,500.00 1 2,409.72 283,500.00 90.0
32205 800820573 GRACE FELISA 27,920.00 1 297.98 27,920.00 79.7
32205 800820912 HENNERMAN MELANIE R 99,450.00 1 965.92 99,450.00 85.0
32205 800821282 ROA LUCINDA 82,000.00 1 594.56 82,000.00 79.6
32205 800821399 PARLOVE DOMINIC J 178,500.00 1 1,404.26 178,397.30 85.0
32205 800821589 MAHDI JOYCE E 76,500.00 1 685.52 76,500.00 90.0
32205 800821605 YOUNG GREGORY S 67,500.00 1 573.74 67,500.00 90.0
32205 800822975 MARIN MANUEL 115,000.00 1 1,051.95 115,000.00 25.1
32205 800823833 LUNA ALFRED P 77,668.00 1 688.78 77,668.00 84.9
32205 800823999 JOHNSON DENE M 94,500.00 1 803.24 94,500.00 90.0
32205 800825929 PAWLOWSKI DANIEL E 55,165.00 1 546.29 55,165.00 85.0
32205 800826711 PIZANO MARTIN 48,800.00 1 520.83 48,787.50 80.0
32205 800826802 BAHRI TOM I 43,200.00 1 343.72 43,200.00 90.0
32205 800826919 DEWEY LIBBY 95,000.00 1 790.17 94,952.03 70.8
32205 800827909 WHALEN ROBERT J 110,700.00 1 920.75 110,700.00 90.0
32205 800828501 BITTINGER JOSEPHINE 34,200.00 1 272.11 34,200.00 69.7
32205 800829822 SALAZAR CRECENCIO E 145,900.00 1 1,542.99 145,900.00 79.9
32205 800829962 BOUCHER ERIC T 19,800.00 1 168.30 19,800.00 90.0
32205 800830341 GARCIA STANLEY E 102,000.00 1 971.37 102,000.00 85.0
32205 800830432 HUNTER LOUISE 73,600.00 1 835.79 73,584.54 80.0
32205 800830762 NEARY DAVID J 73,950.00 1 774.92 73,950.00 85.0
32205 800830903 MCGRAW JAMES C 84,915.00 1 800.66 84,915.00 85.0
32205 800830911 BOWDEN DOUGLAS L 60,350.00 1 557.69 60,350.00 85.0
32205 800831109 ZHELESNIK MARY ANN 123,000.00 1 934.89 123,000.00 58.0
32205 800831257 ISMAIL SULAIMEN 64,000.00 3 603.45 64,000.00 80.0
32205 800831323 WEITZ EDWARD W 78,300.00 1 665.54 78,300.00 90.0
32205 800832487 BARBEE DAMON 56,900.00 1 558.06 56,900.00 84.9
32205 800832834 ROJAS FRANKLIN G 68,000.00 1 765.53 68,000.00 80.0
32205 800833014 MITTON O LAMAR 140,250.00 1 1,335.63 140,250.00 85.0
32205 800833188 HORVATH DENNIS J 81,200.00 1 866.62 81,200.00 64.9
32205 800833642 MISEL ROBERT A 216,000.00 1 1,491.86 216,000.00 90.0
32205 800833907 GOODWIN REX D 69,625.00 1 492.80 69,625.00 88.6
32205 800834244 SADIK WALEED 113,000.00 1 829.15 113,000.00 84.9
32205 800834707 PARDUE STACY R. 30,100.00 1 261.37 30,100.00 89.8
32205 800835753 BANNON MICHAEL R 189,000.00 1 1,641.18 189,000.00 90.0
32205 800836074 GIARDINA JOSEPH 95,000.00 1 922.70 95,000.00 64.4
32205 800836264 WESLEY SHERRY E 61,200.00 1 554.11 61,149.81 90.0
32205 800836850 MUNNS KELLY A 298,000.00 1 2,291.36 298,000.00 81.6
32205 800836926 MORELLI RODOLFO 72,250.00 1 647.44 72,219.71 85.0
32205 800837023 ZEIDERS JACOB W 520,000.00 8 3,770.36 520,000.00 80.0
32205 800837064 DOUGLAS CHRISTOPHE 255,000.00 4 2,549.59 255,000.00 85.0
32205 800837734 PEREZ IGNACIO 112,000.00 1 1,162.83 112,000.00 80.0
32205 800838435 ARGUE MICHELLE M 44,000.00 1 499.66 44,000.00 80.0
32205 800838575 ARNOLD KATHLEEN T 165,000.00 1 1,432.78 165,000.00 50.7
32205 800838955 COLLINS SUSAN K 42,400.00 1 423.93 42,400.00 80.0
32205 800839060 STINGLEY LAURA 105,400.00 2 934.71 105,400.00 85.0
32205 800840084 BAILEY ROY D 59,200.00 1 439.56 59,200.00 80.0
</TABLE>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
32205 800811424 07/01/00 10.625 127,650.00 Y
32205 800811432 05/01/00 9.125 85,000.00 Y
32205 800811499 06/01/00 12.625 90,000.00 Y
32205 800811663 05/01/00 10.750 80,000.00 Y
32205 800812026 07/01/00 9.375 285,000.00 Y
32205 800813172 07/01/00 10.875 215,000.00 Y
32205 800813305 06/01/00 10.000 76,000.00 Y
32205 800813487 05/01/00 11.625 55,000.00 Y
32205 800815052 07/01/00 8.125 165,000.00 Y
32205 800815334 07/01/00 9.875 200,000.00 Y
32205 800815540 06/01/00 9.625 127,000.00 Y
32205 800816449 07/01/00 10.250 120,000.00 Y
32205 800818403 07/01/00 11.875 109,000.00 Y
32205 800818494 06/01/00 8.250 85,000.00 Y
32205 800819443 05/01/00 9.750 160,000.00 Y
32205 800819484 07/01/00 11.625 36,000.00 Y
32205 800819492 06/01/00 11.125 45,000.00 Y
32205 800820508 06/01/00 9.625 315,000.00 Y
32205 800820573 01/01/99 12.500 35,000.00 Y
32205 800820912 06/01/00 11.250 117,000.00 Y
32205 800821282 07/01/00 7.875 103,000.00 Y
32205 800821399 05/01/00 8.750 210,000.00 Y
32205 800821589 06/01/00 10.250 85,000.00 Y
32205 800821605 07/01/00 9.625 75,000.00 Y
32205 800822975 06/01/00 10.500 458,000.00 Y
32205 800823833 07/01/00 10.125 91,375.00 Y
32205 800823999 07/01/00 9.625 105,000.00 Y
32205 800825929 06/01/00 11.500 64,900.00 Y
32205 800826711 05/01/00 12.500 61,000.00 Y
32205 800826802 06/01/00 8.875 48,000.00 Y
32205 800826919 05/01/00 9.375 134,000.00 Y
32205 800827909 06/01/00 9.375 123,000.00 Y
32205 800828501 06/01/00 8.875 49,000.00 Y
32205 800829822 06/01/00 12.375 182,400.00 Y
32205 800829962 06/01/00 9.625 22,000.00 Y
32205 800830341 06/01/00 11.000 120,000.00 Y
32205 800830432 06/01/00 13.375 92,000.00 Y
32205 800830762 06/01/00 12.250 87,000.00 Y
32205 800830903 07/01/00 10.875 99,900.00 Y
32205 800830911 07/01/00 10.625 71,000.00 Y
32205 800831109 06/01/00 8.375 212,000.00 Y
32205 800831257 07/01/00 10.875 80,000.00 Y
32205 800831323 07/01/00 9.625 87,000.00 Y
32205 800832487 06/01/00 11.375 67,000.00 Y
32205 800832834 06/01/00 13.250 85,000.00 Y
32205 800833014 06/01/00 11.000 165,000.00 Y
32205 800833188 06/01/00 12.500 125,000.00 Y
32205 800833642 07/01/00 7.375 240,000.00 Y
32205 800833907 06/01/00 7.625 78,500.00 Y
32205 800834244 12/01/98 8.000 133,000.00 Y
32205 800834707 07/01/00 9.875 33,500.00 Y
32205 800835753 06/01/00 9.875 210,000.00 Y
32205 800836074 07/01/00 11.250 147,500.00 Y
32205 800836264 04/01/00 10.375 68,000.00 Y
32205 800836850 06/01/00 8.500 365,000.00 Y
32205 800836926 05/01/00 10.250 85,000.00 Y
32205 800837023 07/01/00 7.875 650,000.00 Y
32205 800837064 07/01/00 11.625 300,000.00 Y
32205 800837734 07/01/00 12.125 140,000.00 Y
32205 800838435 06/01/00 13.375 55,000.00 Y
32205 800838575 06/01/00 9.875 325,000.00 Y
32205 800838955 07/01/00 11.625 53,000.00 Y
32205 800839060 07/01/00 10.125 124,000.00 Y
32205 800840084 07/01/00 8.125 74,000.00 Y
<PAGE>
<TABLE>
<CAPTION>
Page 5
Alliance Funding Sale Schedule B - Class II
A division of Superior Bank FSB 1998-2 Class 2 - 1st Subsequent Transfer of Adjustable Rate Mortgages - Settlement 6/29/98
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
32205 800840498 ALGAHIM HUSAIN 67,500.00 1 573.75 67,500.00 90.0
32205 800840522 ROTHSCHILD LANCE M 118,800.00 1 966.60 118,800.00 90.0
32205 800840852 HUYCK RAYMOND T JR 140,400.00 1 1,054.78 140,400.00 90.0
32205 800841397 NASTASI JAMES 118,800.00 1 913.47 118,800.00 90.0
32205 800841587 BENNER BRYCE R 120,000.00 1 1,176.92 119,960.58 84.6
32205 800841900 GATKE PAM 122,400.00 1 1,062.86 122,400.00 90.0
32205 800841918 WALSH JOSEPH A 80,750.00 1 753.79 80,750.00 85.0
32205 800842148 WILSON WAYNE 128,000.00 1 1,415.93 128,000.00 80.0
32205 800843344 BICKFORD BARBARA 67,500.00 1 586.13 67,500.00 90.0
32205 800844755 PINCUS JOYCE 92,000.00 1 790.42 92,000.00 80.0
32205 800845406 TURNER MICHAEL T 51,000.00 1 500.19 51,000.00 82.2
32205 800846131 REYNOLDS JAMES C 200,000.00 1 1,520.14 200,000.00 72.4
32205 800846206 WOLFLEY CHARLOTTE CAROL 118,400.00 1 889.50 118,324.50 80.0
32205 800846792 MCGIVERN JASON A 13,600.00 3 124.40 13,594.60 85.0
32205 800846826 MYERS DWAYNE E 56,750.00 1 498.02 56,750.00 84.9
32205 800847394 ROBERSON LESLIE W 73,780.00 1 695.66 73,780.00 85.0
32205 800847501 DALY DENISE A 93,600.00 3 787.04 93,600.00 80.0
32205 800847535 LAM AI THU 87,700.00 1 689.94 87,700.00 89.9
32205 800848111 NACE ELAINE 72,250.00 1 681.24 72,250.00 85.0
32205 800850281 CATLIN DANIEL N 36,000.00 1 292.91 36,000.00 69.2
32205 800850661 BENNETT CLARK 60,800.00 1 619.55 60,800.00 80.0
32205 800851180 BLANCO JOSE 112,500.00 1 1,050.17 112,500.00 90.0
32205 800851347 TOMBERLIN JAMES H 51,000.00 1 466.52 51,000.00 85.0
32205 800851511 GUY MARK E 20,400.00 1 186.61 20,400.00 85.0
32205 800852410 POPIELA TIMOTHY L 184,500.00 1 1,602.10 184,500.00 90.0
32205 800852535 HUGGINS WILLIAM D 21,250.00 1 194.38 21,250.00 85.0
32205 800853269 SANDERS TERRY S 119,200.00 1 1,330.25 119,146.71 80.0
32205 800853319 ALVAREZ MODESTO 92,000.00 4 798.88 91,916.06 80.0
32205 800853632 MATHIS CASSANDRA D 83,206.00 1 737.89 83,206.00 84.9
32205 800853962 PARRY BRIAN 234,000.00 1 1,757.96 234,000.00 86.6
32205 800854929 PIMENTEL GINA L 75,200.00 1 632.32 75,200.00 80.0
32205 800855884 BOEN RICHARD 348,500.00 1 3,451.17 348,500.00 85.0
32205 800856676 KOEKER JOHN DAVID 98,880.00 1 760.30 98,880.00 80.0
32205 800856825 KOEKER JOHN DAVID 90,800.00 1 698.17 90,800.00 79.7
32205 800856890 KOEKER JOHN DAVID 98,000.00 1 753.53 98,000.00 80.0
32205 800856957 KOEKER JOHN DAVID 81,520.00 1 626.82 81,520.00 80.0
32205 800857229 MCKENRICK DAN 121,500.00 1 798.17 121,500.00 90.0
32205 800857245 NEVE SUE F 106,675.00 1 965.84 106,675.00 85.0
32205 800859597 SHINN VIRGINIA LEE 251,000.00 1 2,087.69 251,000.00 73.8
32205 800862187 COURTIER CAROL J 24,300.00 1 220.01 24,300.00 90.0
32205 800862575 PARMAR PRAKASH 293,250.00 1 2,333.23 293,250.00 85.0
32205 800862815 RICE HELEN 44,100.00 1 358.81 44,100.00 90.0
32205 800863045 WILLIS AJ 168,000.00 1 1,306.69 168,000.00 80.0
32205 800863599 MULVERHILL JOHN F 55,890.00 1 511.25 55,890.00 85.9
32205 800863623 LYNCH KEVIN 104,000.00 1 883.99 104,000.00 77.0
32205 800863730 KORENSKI DAVID 136,000.00 1 1,372.80 136,000.00 75.5
32205 800864076 AKSELRUD VALERY 191,160.00 1 1,820.46 191,160.00 90.0
32205 800864100 HANCHETT MYRON G 168,300.00 1 1,384.56 168,300.00 85.0
32205 800864472 TATE CATHY ANN 100,800.00 1 1,066.03 100,746.67 80.0
32205 800864480 SCHELL KARL E 136,800.00 1 1,213.17 136,681.66 90.0
32205 800864985 VELAZQUEZ BETTY JEAN 79,200.00 1 776.77 79,200.00 90.0
32205 800865685 MILLIMAN ARTHUR R 112,500.00 1 1,060.75 112,500.00 75.0
32205 800865875 RAINES J. SCOTT 120,150.00 1 1,065.52 120,150.00 90.0
32205 800866279 BLOSCH MARVIN 109,875.00 1 984.59 109,875.00 75.0
32205 800866527 GRAY RICHARD A 162,350.00 8 1,306.31 162,350.00 85.0
32205 800866592 NAFSO THAIR A 169,500.00 1 1,333.46 169,500.00 79.9
32205 800867129 GARCIA MICHAEL 42,700.00 1 374.73 42,700.00 79.9
32205 800868564 ERICKSON WALLACE D 110,000.00 1 722.62 110,000.00 84.1
32205 800869166 JORSTAD KATHLEEN ANNE 164,050.00 1 1,203.74 164,050.00 85.0
32205 800869331 ROBERDS WENDY 144,500.00 1 1,111.08 144,500.00 85.0
32205 800869364 VINSON LESLIE D 35,520.00 1 273.12 35,520.00 80.0
32205 800869992 JONES JEANELLE V 89,600.00 1 853.28 89,600.00 80.0
32205 800870131 FOUST ROBERT A 90,100.00 1 799.03 90,100.00 85.0
32205 800870354 MERRILL TIM R 176,000.00 1 1,322.23 176,000.00 80.0
</TABLE>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
32205 800840498 01/01/99 9.625 75,000.00 Y
32205 800840522 07/01/00 9.125 132,000.00 Y
32205 800840852 01/01/99 8.250 156,000.00 Y
32205 800841397 01/01/99 8.500 132,000.00 Y
32205 800841587 05/01/00 11.375 141,700.00 Y
32205 800841900 07/01/00 9.875 136,000.00 Y
32205 800841918 06/01/00 10.750 95,000.00 Y
32205 800842148 06/01/00 13.000 160,000.00 Y
32205 800843344 07/01/00 9.875 75,000.00 Y
32205 800844755 06/01/00 9.750 115,000.00 Y
32205 800845406 07/01/00 11.375 62,000.00 Y
32205 800846131 07/01/00 8.375 276,000.00 Y
32205 800846206 06/01/00 8.250 148,000.00 N
32205 800846792 06/01/00 10.500 16,000.00 Y
32205 800846826 06/01/00 10.000 66,812.00 Y
32205 800847394 07/01/00 10.875 86,800.00 Y
32205 800847501 06/01/00 9.500 117,000.00 Y
32205 800847535 12/01/98 8.750 97,500.00 Y
32205 800848111 07/01/00 10.875 85,000.00 Y
32205 800850281 06/01/00 9.125 52,000.00 Y
32205 800850661 07/01/00 11.875 76,000.00 Y
32205 800851180 06/01/00 10.750 125,000.00 Y
32205 800851347 07/01/00 10.500 60,000.00 Y
32205 800851511 07/01/00 10.500 24,000.00 Y
32205 800852410 06/01/00 9.875 205,000.00 Y
32205 800852535 07/01/00 10.500 25,000.00 Y
32205 800853269 06/01/00 13.125 149,000.00 Y
32205 800853319 03/01/00 9.875 115,000.00 N
32205 800853632 06/01/00 10.125 97,890.00 Y
32205 800853962 06/01/00 8.250 270,000.00 Y
32205 800854929 07/01/00 9.500 94,000.00 Y
32205 800855884 06/01/00 11.500 410,000.00 Y
32205 800856676 06/01/00 8.500 123,600.00 N
32205 800856825 06/01/00 8.500 113,900.00 N
32205 800856890 07/01/00 8.500 122,500.00 N
32205 800856957 06/01/00 8.500 101,900.00 N
32205 800857229 07/01/00 6.875 135,000.00 Y
32205 800857245 06/01/00 10.375 125,500.00 Y
32205 800859597 07/01/00 9.375 340,000.00 Y
32205 800862187 05/01/00 10.375 27,000.00 Y
32205 800862575 07/01/00 8.875 345,000.00 Y
32205 800862815 07/01/00 9.125 49,000.00 Y
32205 800863045 06/01/00 8.625 210,000.00 Y
32205 800863599 07/01/00 10.500 65,000.00 Y
32205 800863623 07/01/00 9.625 135,000.00 N
32205 800863730 12/01/98 11.750 180,000.00 Y
32205 800864076 06/01/00 11.000 212,400.00 Y
32205 800864100 06/01/00 9.250 198,000.00 Y
32205 800864472 07/01/00 12.375 126,000.00 Y
32205 800864480 07/01/00 10.125 152,000.00 Y
32205 800864985 07/01/00 11.375 88,000.00 Y
32205 800865685 07/01/00 10.875 150,000.00 Y
32205 800865875 07/01/00 10.125 133,500.00 Y
32205 800866279 06/01/00 10.250 146,500.00 N
32205 800866527 06/01/00 9.000 191,000.00 Y
32205 800866592 12/01/98 8.750 212,000.00 Y
32205 800867129 06/01/00 10.000 53,400.00 Y
32205 800868564 06/01/00 6.875 130,700.00 Y
32205 800869166 07/01/00 8.000 193,000.00 Y
32205 800869331 07/01/00 8.500 170,000.00 Y
32205 800869364 07/01/00 8.500 44,400.00 N
32205 800869992 07/01/00 11.000 112,000.00 Y
32205 800870131 06/01/00 10.125 106,000.00 Y
32205 800870354 06/01/00 8.250 220,000.00 Y
<PAGE>
<TABLE>
<CAPTION>
Page 6
Alliance Funding Sale Schedule B - Class II
A division of Superior Bank FSB 1998-2 Class 2 - 1st Subsequent Transfer of Adjustable Rate Mortgages - Settlement 6/29/98
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
32205 800870446 DOWNS VIRGINIA A 233,750.00 1 1,694.85 233,750.00 85.0
32205 800870826 MCALPINE HERBERT 22,500.00 1 195.38 22,500.00 75.0
32205 800871139 ANDREYTCHEV GUEORGUI 58,500.00 1 518.79 58,500.00 90.0
32205 800872764 SCHUTTE MICHAEL R 59,400.00 1 526.77 59,400.00 90.0
32205 800872996 WISSER BEVERLY ANN 86,400.00 8 641.52 86,400.00 80.0
32205 800873200 BRUCH VICTOR J 51,750.00 1 512.48 51,750.00 75.0
32205 800873416 RABEH REMONE W 56,100.00 1 523.68 56,100.00 85.0
32205 800873457 GREEN WILLIAM D 95,400.00 1 872.66 95,400.00 90.0
32205 800873473 WILLIS CALVIN D 67,000.00 1 612.88 67,000.00 84.8
32205 800873499 HAFTL CHERYL A 55,165.00 1 514.95 55,165.00 84.8
32205 800875023 PORTILLO JOSE F 108,000.00 1 917.99 108,000.00 90.0
32205 800877029 BLANK GERALD D 83,200.00 1 784.48 83,200.00 80.0
32205 800877268 STEWARD DELORES 30,000.00 1 271.62 30,000.00 53.5
32205 800877706 KORENBLITT BARRY T 174,250.00 1 1,339.84 174,144.44 85.0
32205 800877821 MCMILLAN JONATHAN D 140,630.00 1 1,325.99 140,630.00 84.9
32205 800877888 DE LA FUENTE JOHN 207,000.00 1 1,740.57 207,000.00 90.0
32205 800878282 THOMPSON MICHAEL A 151,200.00 1 1,285.18 151,200.00 90.0
32205 800878548 CANNING JOANNE G 87,550.00 1 680.95 87,550.00 85.0
32205 800880999 BYERS JAY WILLIAM 120,800.00 3 971.98 120,800.00 80.0
32205 800881005 PARQUET LL0YD J JR 93,510.00 1 846.65 93,510.00 90.0
32205 800882334 MAHABIR DHARAMDEI 36,000.00 1 353.08 36,000.00 80.0
32205 800883043 ADAMS RICHARD O. 98,000.00 1 998.62 98,000.00 70.0
32205 800883191 KINDELL KEITH T 157,250.00 1 1,587.30 157,250.00 85.0
32205 800884132 FAKIH NABIL 58,000.00 1 535.98 58,000.00 89.9
32205 800884231 GOOD LOREEN D 114,500.00 1 1,036.69 114,500.00 68.9
32205 800884397 PHILLIPS KENNETH 98,910.00 1 904.77 98,910.00 90.0
32205 800885659 MCLAUGHLIN-C KELLY 60,000.00 3 504.51 59,970.49 48.5
32205 800885949 ACCARDI MARIE F 66,000.00 1 537.00 66,000.00 86.1
32205 800887655 BURELL DERRICK A. 28,500.00 1 237.05 28,500.00 75.0
32205 800887994 MARINO JAMES 136,000.00 1 1,282.33 136,000.00 80.0
32205 800888299 ROBERTO WILLIAM A 317,200.00 1 3,602.07 317,200.00 65.0
32205 800889065 SMITH CLIFFORD B 216,665.00 1 1,723.88 216,665.00 85.0
32205 800889388 ALEXANDER EDWIN P 76,882.00 1 717.68 76,882.00 85.4
32205 800889644 CARROLL REX H 195,415.00 1 1,383.13 195,415.00 85.0
32205 800889826 MILLER MARK E 84,900.00 1 690.77 84,900.00 84.9
32205 800890915 MONTGOMERY LOUISE 49,600.00 1 573.01 49,600.00 80.0
32205 800892762 CARBAJAL NICOLAS E 93,000.00 1 894.46 93,000.00 69.9
32205 800893687 GAINES GARRY S 159,800.00 1 1,387.62 159,800.00 85.0
32205 800893778 JENKINS SHEILA R 29,900.00 1 265.16 29,887.12 65.0
32205 800893901 EEROLA TEPPO 48,000.00 1 377.62 48,000.00 75.0
32205 800894263 HUMPHREY DANIEL 47,200.00 1 458.44 47,200.00 80.0
32205 800895070 DASCOMB VERN P 85,150.00 1 917.04 85,150.00 65.0
32205 800896185 LUGO PEDRO 190,000.00 1 1,328.51 190,000.00 79.2
32205 800896698 TICAK SONJA 112,800.00 1 1,171.14 112,800.00 80.0
32205 800896797 EDWARDS LAURA L 140,000.00 1 1,139.09 140,000.00 74.8
32205 800897373 COULTER ANTHONY P. 84,065.00 1 840.52 84,065.00 84.9
32205 800897506 LAUCHNOR PATRICIA A E 114,250.00 1 929.58 114,250.00 87.2
32205 800897811 TRICE WILLIE 93,500.00 1 864.03 93,500.00 73.6
32205 800898165 KOEKER JOHN DAVID 96,000.00 1 738.16 96,000.00 80.0
32205 800898504 ABER RICK E 42,000.00 1 372.47 42,000.00 75.0
32205 800899007 CAMPBELL YVONNE ROSS 70,000.00 1 740.30 70,000.00 80.0
32205 800899429 TAYLOR SHARON 39,200.00 2 336.79 39,200.00 80.0
32205 800899999 KOSTA ROBERT M 164,000.00 1 1,500.17 164,000.00 47.5
32205 800900821 IEZZI RONNIE L 197,200.00 1 1,640.21 197,200.00 85.0
32205 800901209 LONG JOHN T 43,200.00 1 375.13 43,200.00 80.0
32205 800901274 NAGEL TOM W 115,000.00 1 935.68 115,000.00 45.0
32205 800901985 FRENCH BARBARA JO 57,000.00 1 569.91 56,964.39 74.0
32205 800902553 NEUMUELLER RONALD L 233,500.00 1 2,049.13 233,500.00 89.9
32205 800904807 KHOURY NASSAR 205,000.00 1 1,952.26 204,627.78 82.6
32205 800906158 FORSYTHE LINDA 33,150.00 1 303.24 33,150.00 85.0
32205 800907115 ABERNATHY DEBORAH J 38,250.00 1 371.51 38,250.00 68.3
32205 800908097 JOHNSTON CLARISSA 251,600.00 1 2,184.77 251,600.00 69.9
32205 800909616 MIDDEE THASANA 57,800.00 2 454.71 57,800.00 85.0
32205 800911562 MAULDEN MICHAEL 119,000.00 1 1,011.49 119,000.00 85.0
</TABLE>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
32205 800870446 07/01/00 7.875 275,000.00 Y
32205 800870826 07/01/00 9.875 30,000.00 N
32205 800871139 07/01/00 10.125 65,000.00 Y
32205 800872764 07/01/00 10.125 66,000.00 Y
32205 800872996 07/01/00 8.125 108,000.00 Y
32205 800873200 07/01/00 11.500 69,000.00 Y
32205 800873416 07/01/00 10.750 66,000.00 Y
32205 800873457 06/01/00 10.500 106,000.00 Y
32205 800873473 07/01/00 10.500 79,000.00 Y
32205 800873499 07/01/00 10.750 65,000.00 Y
32205 800875023 06/01/00 9.625 120,000.00 Y
32205 800877029 07/01/00 10.875 104,000.00 Y
32205 800877268 06/01/00 10.375 56,000.00 Y
32205 800877706 06/01/00 8.500 205,000.00 Y
32205 800877821 07/01/00 10.875 165,450.00 Y
32205 800877888 06/01/00 9.500 230,000.00 Y
32205 800878282 07/01/00 9.625 168,000.00 Y
32205 800878548 07/01/00 8.625 103,000.00 Y
32205 800880999 07/01/00 9.000 151,000.00 N
32205 800881005 06/01/00 10.375 103,900.00 Y
32205 800882334 07/01/00 11.375 45,000.00 Y
32205 800883043 07/01/00 11.875 140,000.00 Y
32205 800883191 07/01/00 11.750 185,000.00 Y
32205 800884132 07/01/00 10.625 64,500.00 Y
32205 800884231 07/01/00 10.375 166,000.00 Y
32205 800884397 06/01/00 10.500 109,900.00 Y
32205 800885659 07/01/00 9.500 123,590.00 Y
32205 800885949 07/01/00 9.125 76,600.00 Y
32205 800887655 07/01/00 9.375 38,000.00 Y
32205 800887994 07/01/00 10.875 170,000.00 Y
32205 800888299 07/01/00 13.375 488,000.00 Y
32205 800889065 06/01/00 8.875 254,900.00 Y
32205 800889388 07/01/00 10.750 89,950.00 Y
32205 800889644 07/01/00 7.625 229,900.00 Y
32205 800889826 06/01/00 9.125 99,900.00 Y
32205 800890915 07/01/00 13.625 62,000.00 Y
32205 800892762 06/01/00 11.125 132,900.00 Y
32205 800893687 07/01/00 9.875 188,000.00 Y
32205 800893778 05/01/00 10.125 46,000.00 Y
32205 800893901 07/01/00 8.750 64,000.00 N
32205 800894263 07/01/00 11.250 59,000.00 Y
32205 800895070 07/01/00 12.625 131,000.00 Y
32205 800896185 07/01/00 7.500 239,700.00 Y
32205 800896698 07/01/00 12.125 141,000.00 Y
32205 800896797 06/01/00 9.125 187,000.00 Y
32205 800897373 07/01/00 11.625 98,970.00 Y
32205 800897506 07/01/00 9.125 131,000.00 Y
32205 800897811 07/01/00 10.625 127,000.00 Y
32205 800898165 07/01/00 8.500 120,000.00 N
32205 800898504 07/01/00 10.125 56,000.00 Y
32205 800899007 07/01/00 12.375 87,500.00 Y
32205 800899429 07/01/00 9.750 49,000.00 Y
32205 800899999 01/01/99 10.500 345,000.00 Y
32205 800900821 07/01/00 9.375 232,000.00 Y
32205 800901209 07/01/00 9.875 54,000.00 Y
32205 800901274 07/01/00 9.125 255,000.00 Y
32205 800901985 07/01/00 11.625 77,000.00 Y
32205 800902553 06/01/00 10.000 259,500.00 Y
32205 800904807 07/01/98 11.000 248,000.00 Y
32205 800906158 07/01/00 10.500 39,000.00 Y
32205 800907115 06/01/00 11.250 56,000.00 Y
32205 800908097 07/01/00 9.875 359,500.00 N
32205 800909616 07/01/00 8.750 68,000.00 Y
32205 800911562 07/01/00 9.625 140,000.00 Y
<PAGE>
<TABLE>
<CAPTION>
Page 7
Alliance Funding Sale Schedule B - Class II
A division of Superior Bank FSB 1998-2 Class 2 - 1st Subsequent Transfer of Adjustable Rate Mortgages - Settlement 6/29/98
Principal Type of Scheduled Cut-off Date Original
Balance at Mortgaged Payment Principal LTV
Pool ID Account Name Origination Property Int & Prin Balance Ratio
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
32205 800911844 VOLINSKY JEAN E 52,000.00 1 441.99 52,000.00 80.0
32205 800912768 SMITH BENJAMIN C 46,000.00 1 407.94 46,000.00 74.1
32205 800912982 OSBORNE ROBERT S 119,900.00 1 1,175.94 119,900.00 79.9
32205 800914095 LEISE MARIA H MENDEZ 81,600.00 1 761.72 81,600.00 80.0
32205 800917429 FARRELL JAMES 111,350.00 3 997.81 111,350.00 85.0
32205 800921017 VARGAS EFREN 211,100.00 8 1,698.56 211,100.00 82.7
32205 800927618 VIRKUS LUANNE L 240,000.00 8 2,217.83 240,000.00 80.0
---------------------------------------------------------- --------------------------------------------
338 Sale Total 36,881,727.00 326,890.44 36,875,305.80 81.3
389 Grand Total Class II 41,482,167.00 41,472,143.64 81.5
</TABLE>
Next Current Property
Adjustment Mortgage Value at Owner
Pool ID Account Date Rate Origination Occupied
- --------------------------------------------------------------------------------
32205 800911844 07/01/00 9.625 65,000.00 Y
32205 800912768 07/01/00 10.125 62,000.00 Y
32205 800912982 05/01/00 11.375 149,900.00 Y
32205 800914095 01/01/99 10.750 102,000.00 Y
32205 800917429 01/01/99 10.250 131,000.00 Y
32205 800921017 07/01/00 9.000 255,000.00 Y
32205 800927618 07/01/00 10.625 300,000.00 Y
------------- --------------------------------
338 10.092 46,218,030.00
389 10.112 51,783,830.00
